Rebirth 79: I opened a bank in the United States

Southern United States, Georgia.

A Ford Mustang GT sports car was roaring on the narrow country road, attracting the attention of the surrounding vehicles. Especially the car with children in the back seat, the rear windows rolled down almost in unison, and the children were excited.

He looked at this blue muscle sports car with eyes full of envy.

With the popularity of the movie "King Kong", the Mustang GT, which contributed the most exciting car chase scene in the movie, has become a well-deserved "dream car" in people's minds these days. In the boys' room, it is even more...

There are posters of this car all over the place.

It is no exaggeration to say that if you drive this car on the road, you will definitely become the most handsome guy on the road!

At the same time, our handsome Heng did not feel the pleasure of becoming a trend-setter in rural America at all. Instead, he held the steering wheel with a sad look on his face and drove this muscle monster forward numbly...

"Hehe...hehehe...hehehe..."

Handsome Heng, Yi Liheng turned his head and exhaled a puff of thick smoke. He looked at the face reflected in the rearview mirror with three-dimensional features like a knife, and his eyes as bright as sapphires, as if he was demented.

Smiling like a fool.

Just dress properly when traveling through time, why are you dressing like a foreigner?!

Originally, there was nothing wrong with dressing up like a foreigner. Even when I first heard that the unlucky child’s biological father had a heart attack and burped, leaving him with a blond, blue-eyed, wavy wife, two girls, one boy, and three children,

Yi Liheng was still a little happy.

There is no way, who allowed this to unfold, it is just like the European and American butter that I played in my previous life?! The result is great, and the ethical drama of misery (joy), Jue (hear), people (joy), and world (see) has not yet waited.

From the beginning, a legacy was thrown at me.

A country bank with no reputation, and there are so many in the United States, is still going bankrupt. This is a hot potato. After several old women in the family looked at each other, they unceremoniously helped Yi Li, who was still lying on the hospital bed.

Heng, took his hand and pressed a bright red fingerprint.

Just like that, in a daze, the handsome boy became a member of the glorious American banker family... what the hell!

"Carter...I mean, Mr. Black, have you thought about how to deal with these people in front of you?"

Passing through the crowded crowd in front of Black Bank, the handsome Heng, no, it should be said to be Carter Black, walked quickly towards the wooden stairs leading to the second floor. Behind him fell a man wearing a suit and tie, who was meticulously dressed.

Entering the office that had just been his for two days, Carter sat down on the wooden but foam-cushioned boss chair and fell back with some boredom. At the same time, he opened his mouth and said:

"Uncle Goodman, do all those people outside want to withdraw money?"

"Yes. You should know that the economy has been sluggish during this period. After Mr. Black's death, they no longer feel comfortable leaving money in the bank. Especially now that the prices outside have risen too much. This morning's

The bakery went up three cents."

"I don't care whether the price of your bread has increased or not. I just need to know now how many of them are depositing time deposits and how many are current deposits! If they want to withdraw their current deposits, let them withdraw and deposit fixed deposits.

But for those who haven’t expired, let them go back and wait!”

Carter rubbed his brows, the fact seemed to be much more serious than he expected.

I had only listened to Goodman’s phone report yesterday and knew that the situation at Cheap Daddy’s bank was not optimistic, but who would have thought that someone would block the door today?!

"That's it, Carter, you have to know that we are just a small bank. Eighty percent of our customers are current deposits. Moreover, the bad debt rate is getting higher and higher. We still have at least 170,000 US dollars in temporary loans.

Without recycling, once full payment is made, we may declare bankruptcy immediately."

Bad debts, bad debts...

Carter stared at the calendar for 1979 displayed on the wall and muttered silently.

Faced with this situation, Carter just wanted to scold her for being a liar!

Stagflation has been going on for almost ten years, and the Federal Reserve is still increasing the amount of currency issuance. This operation is as stupid as the "stagflation" in the current market!

Economic growth is slow and inflation remains high. Can this be saved by simply increasing currency issuance? You can't do this if you want to stimulate economic development, right?

The amount of money is greater than the market supply. Any high school student will know that doing this is useless except to continue to push up inflation. What makes Carter even more disgusting is that this stupid operation of the US government is for Mao Yao

Pay the bill yourself?!

"How many time deposit certificates do we have? Especially long-term time deposit certificates."

Suppressing his emotions, Carter continued to ask. Complaints are complaints, and problems always have to be solved. Carter didn't want to become a homeless man on the streets of the United States as soon as he traveled through time.

"There are 329 time deposit certificates in total, but only 78 are long-term ones, and the one that is due most recently is three years from now. There are a total of 120,000 US dollars, and the rest are basically deposit certificates that will be paid within one to two years, totaling 670,000 US dollars.

U.S. dollars. Among them, there are ten recent certificates of deposit that will expire next month. The total principal and interest need to be paid to the customer is US$96,200."

As a professional manager, Goodman managed the account data in the bank very securely. After hearing Carter's inquiry, he reported it without hesitation.

"How much money do we have now? How much have we loaned out, and how much can we recover?"

Taking a pen to write down the data on the notebook in front of him, Carter continued to ask.

"The bank still has a cash reserve of US$1.28 million, US$1.284,200 to be precise. There are currently 133 loans with a total principal of 1.82 million, but ten of them are basically bad debts.

, involving a principal of US$220,000. If current deposits are fully redeemed, US$2.1 million will have to be issued, and we don’t have enough money in our accounts now.”

Goodman acted like a ruthless reporting machine as always. And the ruthless reporting machine, after revealing this series of unoptimistic data, finally couldn't stand it any longer and said with a sad look on his face.

A total of 3.1 million US dollars, 1.82 million was lent out, and 220,000 was bad debt, so this leaves only 2.88 million. After excluding the demand deposits of 2.1 million, only 780,000 is left, which can be used to repay the future long-term deposits of 790,000.

From an optimized and idealized perspective, they are all liabilities, but in reality... Regardless of the fact that the current cash reserves are not enough to pay for all current accounts, just talk about the people's daily expenses during these times, water and electricity insurance, etc.

Wait, it looks like he is on the verge of bankruptcy and struggling to his death.

Carter seemed to know why his cheap dad had a heart attack and burped.

"No, knowing the economic downturn, why did you still lend so many loans?!"

It’s not that Carter doesn’t understand financial leverage, or that Carter doesn’t know that banks should find ways to lend money to make profits. But it’s obvious that the economic environment is not good, so you still haven’t collected funds to prevent accidents. When your peers are not very willing to split the funds,

Use your own principal to lend more than half of the loans...

This is also an extremely fascinating and mentally retarded operation!