Rebirth 79: I opened a bank in the United States

"Let me tell you another set of data. In the short four years from 1929 to 1933, more than 5,500 banks went bankrupt, more than 130,000 companies closed down, and the unemployment rate also increased from 3.2%.

At 26.7%, on average one in three Americans is unemployed..."

Even though nearly fifty years have passed since this incident, Goodman still took two puffs of his cigarette with lingering fear before he could continue to speak calmly.

"Those who are not unemployed are not much better off. Workers' wages have generally dropped by more than 60%, and farmers are not much better off. People in cities have no money, and they can't sell high-priced vegetables and high-priced grains.

The price has to be reduced accordingly, and this reduction is more than 50%. Carter, the lessons learned in 29 years are too painful. I admit that installment loans can attract a large number of people to borrow money, and Black Bank can also make a lot of money from it. But thousands

Wan, you must not do this!”

"We can see this. There are so many banks across the country. It is impossible for them not to see the benefits of installment loans. But so far, no one has dared to start this! This is a Pandora's box, and it must not be opened! Huge

Profits can blind people's eyes."

"I understand, let's put this aside for now. Forget it, I will continue my homework. I have to make up for the history subject."

Carter seemed a little frustrated when his idea that he thought was smart was rejected. But he was not someone who couldn't listen to advice. Even though he was still determined that he would start paying in installments in the future, he was no longer in a hurry.

Although Carter didn't understand the economic history of the United States in the 1920s and 1930s, or he didn't understand it as thoroughly as people like Goodman, he did know the future, and the United States in the future would not be uncommon in installment payments.

In addition, Carter knew that the prosperity of the U.S. financial industry at the end of the 20th century did not begin in the 1970s, but after the restrictions on the financial industry were gradually relaxed in the 1980s. Perhaps many banks at this time, like him, gradually forgot about the 29 years

I'm in pain, and I'm starting to think wrongly... It can't be said that I'm thinking wrongly, after all, the U.S. economy is not doing well right now.

In the next few years, we will have to go through Volcker's twists and turns, not opening up some restrictions on the financial industry, and tossing some crooked ways. Will this economy develop in the Monkey Year?

"Okay, it's good that you understand the seriousness of the matter. But your ideas still have merit, such as monthly repayment. This method can greatly increase the utilization rate of funds. In the past, even if there were installment loans, no one would

The only way to achieve monthly repayment is that this method is a bit labor-intensive. However, you really need to make up for your history, hahaha!"

It was a rare occasion when Carter listened to his advice, and Goodman almost burst into tears. He unconsciously assumed the posture of an elder and left happily...

Carter, on the other hand, looked at Goodman's leaving figure and sighed with a bit of resentment. It seems that if you want to make money now, you still have to do what an investment bank does... But meow, my family is obviously a good target of the savings bank?

If possible, Carter doesn't want Black Bank to stay in a small place like Douglas...

After all, in the investment banking business, to be honest, apart from knowing those few super companies that are going to be great in the future, what else does he know? He can't even figure out what he is about the stock index. If he didn't have foresight, he wouldn't even know it.

There is no qualification to become a big leek.

Open an investment bank, invest in a few companies, and then stop working? If you have money, you have money, but that life is too idle and boring, right? A life of lying around and getting money is certainly very pleasant, but living this kind of life

It will become boring after a long time. Just like during the quarantine, many people realized that sometimes it is not the work that requires them, but the work that they need. People always have to move, and lying down for a long time will really make people lie down.

Crazy.

Black Bank is what Carter is looking for in the future. This is just like the future demolition households in Guangdong. My three apartments in Pengcheng will not affect my rental business; my ten buildings in Pengcheng will not affect my selling duck rice...

.

Time flies, time flies. The days pass by like this day after day. On the eve of the school holiday, Carter looked back at the half-month he had traveled through. It seemed that the only thing he had accomplished was to borrow money.

!And being able to borrow this money was only possible thanks to the family fortune left by Old Black...

Thinking about it this way, Carter suddenly felt that he had failed as a time traveler. But now was not the time to think about these issues.

"Melis! Have you packed up? The supermarket will be closed if it gets later. Do you still want to go to Los Angeles?"

Sitting on the sofa in the living room, Carter, who had been watching TV for almost half an hour, finally couldn't bear it anymore and resorted to a killer move. As expected, girls put on makeup regardless of age, and they were all slower!

The key is that there is no difference at all between some people who have transformed and those who have not. It is difficult for Carter to understand the meaning of wasting this time...

"Okay, okay, girl, be patient. Carter, when you get a girlfriend in the future, you can't be so irritable! Going to the supermarket is not an urgent matter. If you can't do it today, go tomorrow. Summer vacation is so long. If you leave one day early, you will leave one day late.

Let’s go, there’s no difference.”

Jenny, who was sitting next to Carter, patted the big boy in a funny way. In her eyes, there was concern that the two children were about to go on a long trip, but also encouragement and appreciation for Carter's independent completion of the trip plan.

Don’t think that American teenagers must be very independent. Some aspects of American high school education are still not as good as China’s. For a normal 16-year-old American boy, don’t ask him to complete a self-driving trip around the United States independently. If he goes out for a walk with a tour group, he can do everything.

It would be great to bring people back. Someone as bold as Carter is a different kind of person after all.

"Hey, no, I'm still a little pressed for time. I have to find a place to live in New York, and I have to visit various banks on Wall Street to learn from it. After taking over Chris's job, I can't stand still.

?”

Carter, who felt that he was embarrassed by the public, then thought about the more than 6 million in cash that was currently lying in his account and sleeping. It would be nonsense to say that there was no sense of urgency.

Now that I can sit on the sofa for half an hour, I feel very calm! Almost as soon as this week started, Carter's heart flew out of Douglas.

"Kid, you've done a great job. Chris will be proud of you. Don't put too much pressure on yourself. Enjoy life more sometimes. You've reached the age to find a girlfriend. Look at Anna,

Now..."

"Hey, Jenny, you've started again. I've said it many times, I don't want to think about my girlfriend now. I don't like those girls in school. They have freckles all over their faces and they don't look good at all!"

"You, you, your freckles will disappear in two years. Many people still like this youthful taste. If you don't cherish it now, you will regret it in the future."

"If you don't regret it, let's talk about it later. Anyway, I just believe in one sentence now."

"What words?"

"If you don't have a woman in your heart, make money naturally!"