Rebirth of the Evil Life
Chapter 5019: Run
Although real estate developers have been punished for slander and their reputations have been ruined, there has been no change in the entire real estate landscape. Although housing prices have fallen into a deadlock, there has been no change. Housing prices are still so high and out of reach. Lin Feng promised three years, but can it change in three years?
This is what many media have been slandering. They believe that after three years, if real estate developers are still strong, housing prices will not collapse. Especially this time, the real estate developers have lost so many people. From top to bottom, these small and medium-sized real estate developers are really embarrassed. Many of these bosses are relatively well-known figures in other fields, but this time they were equally embarrassed. Wouldn't these people be resentful? Wouldn't you think of ways to take revenge?
Obviously, this human heart is the most unpredictable.
As long as these real estate developers hold on, Lin Feng will be finished in three years. At present, many media with background have dug up the latest news, that is, banks all over the country have provided these real estate developers with loan interest reduction and exemption policies, as well as postponement of their repayment futures, and the time is exactly three years. If this is true, then in the past three years, these real estate developers will be fine and live well. Then after three years, if Lin Feng cannot solve the problem, it will be a big shame. Moreover, this is not just a matter of shame. Lin Feng will face the doubts of people across the country. For Lin Feng, it will be an unprecedented crisis.
Three years, what will happen in three years?
"Three years?" Lin Feng smiled contemptuously, "From the beginning, I didn't expect to solve this problem in three years. I don't have that much time to worry about this kind of problem."
"Boss, what are you going to do? Now they have the support of banks. They have plenty of funds." Melissa asked confused.
Lin Feng smiled.
"It's very simple. Their trump card now is the bank. The bank supports them, provides them with loans, and also exempts and exempts related loan interest, so they can be confident. This is the strategy conceived by the person above. Just let the bank continue If I lend money, I will be in big trouble in three years. But I will not give them three years!" Lin Feng Youran said, "Three years, do they think I don't know what will happen in three years? These three years have only numbed them, and so far, everything is going according to my expectations!”
"Boss, what are you going to do?" Melissa's eyes sparkled. When Lin Feng does things, although he occasionally acts impulsively or suddenly, Lin Feng always comes up with a whole set of methods. And there are often amazing methods.
This time, how will Lin Feng deal with the alliance between real estate developers and banks? This is very exciting.
"It's actually very simple. The root of their confidence comes from money, and for me, all I need to do is make them have no money." Lin Feng shrugged.
With a relaxed look on his face, "Let them have no money. You can completely defeat them."
"No money? Why no money?" Melissa asked. This will make the bank run out of money. Is this possible? If the banks run out of money, the country will be in trouble. My boss, shouldn’t he be trying to rob a bank vault? But even so, you can't take away so much money. That’s many, many billions.
"Haha, what are you thinking! How could I possibly rob a bank vault? The National Bank's vault is worth at least several trillion yuan. It would take several train wagons to drag it away. How could I transport it away!" Lin Feng smiled. Shake his head.
"What should we do?" Melissa was puzzled.
"It's very simple, just let people withdraw the money deposited in the bank." Lin Feng's eyes flashed coldly, "Since I launched Yu'e Bao, these banks have been tit for tat with me, and this time, it is even more so. So, I’ll give them a good look this time! Aren’t those gentlemen behind all this? I want to see how they can respond if people all over the country withdraw their money from the bank!”
People across the country withdraw their money! Melissa took a deep breath. Isn't this a bank run? In European and American countries, if all depositors withdraw their money at the same time, it will cause a run and make banks miserable. And China is a country with a large number of savers. The favorite way for people in this country is to put money in the bank. Basically all the people's income is deposited in the bank.
If this were true, people all over China would withdraw their money from banks. Thinking about that scene, Melissa got a little drunk. The scene would have been brutal. Of course, if it were normal, this would definitely not happen. Without the bank's major financial problems, depositors would not have withdrawn their money at the same time, causing a run. Especially for China, these banks are all state-owned banks. Unless the country goes bankrupt, the banks will not go bankrupt no matter what happens. After all, in the end, the central bank will just take action. If the central bank has no money, it is very simple, just print more money.
Therefore, it is more difficult for the Bank of China to cause a run. This is almost impossible. However, as long as Lin Feng is there, anything can become possible. Because Lin Feng is a man of miracles.
Immediately, Lin Feng posted a message on Weibo.
"There are not many three years in life, especially for young people, three years is too long. Perhaps, we can make things simpler. For example, if people across the country withdraw money from banks, then real estate companies will not be able to lend money, then they I can’t hold on any longer, because in less than three years, I might be able to buy a property at a reasonable price now!” Lin Feng posted on Weibo.
This Weibo post immediately caused huge controversy. If everyone goes to withdraw money, there will inevitably be a run on the bank. This will seriously affect the normal financial order of society and cause social turmoil. This is an extremely unreasonable suggestion.
However, some people believe that this suggestion is extremely reasonable, because once all citizens really withdraw all their money from banks, banks will inevitably run out of money, and banks will have no money to lend to companies. And if banks have no money to give to real estate companies, these real estate companies will inevitably go bankrupt. Once they go bankrupt, the properties will be auctioned off. By then, housing prices will inevitably drop to a reasonable range.
Therefore, Lin Feng's move is indeed very suitable. It is a killer move that can solve the housing price in the shortest time.
But, will these people go and cash in?
"Damn it, he actually wants to do this!" Mr. A looked furious. He didn't expect that Lin Feng would use such a drastic move to cause a bank run to ruin his plan. And once a run does occur, social order will inevitably be disrupted. In this way, when the blame finally falls on them, they will also have to bear responsibility. Because they caused this incident. If so, it would make that person unable to inherit the great treasure.
"His move is indeed very vicious, but can he really make so many people listen to his orders? Go and take out the money, is this possible?" The other gentlemen did not believe it.
The reason is very simple. When people take out their money, where do they keep it? For ordinary people, bank interest is also something they care about. If you withdraw it, it will represent a loss of interest. Are they willing to do so? What's more, this reduction in house prices means nothing to those people who don't buy houses. No matter how much the price rises, they won’t buy a house. In this case, why would they withdraw the money?
Also, those who have already bought a house may be the ones who are most eager to see the price of their house rise. If house prices fall, wouldn’t they lose money? Moreover, those who take out loans to buy houses will suffer even greater losses. Therefore, Lin Feng wants to call on people across the country to withdraw money and apply pressure through runs to force banks to give up rescuing housing companies. They think this is impossible.
Although Lin Feng has incredible appeal, it is impossible for people across the country to run on banks!
However, what these gentlemen did not expect was that not long after Lin Feng posted on Weibo, many people from all over the country went to banks to withdraw money, and almost all of them withdrew all the money in their passbook accounts, without a penny. Leftover. Then, they deposited the money in the ‘Second Bank’.
All of a sudden, the bank's business volume surged. But compared with the frenzy of runs expected by the banking community, it only kept them busy and did not collapse the banks. What banks are afraid of is that people from all over the country will come to withdraw money, causing a run. After all, banks can't have that much cash. If they all come to withdraw cash, that will be really troublesome!
In particular, Lin Feng hasn't even made any appeal yet, but there are so many people coming to withdraw money. What should Lin Feng do if he raises his arms and shouts? Wouldn't there be more people coming? Isn’t this predicted that Lin Feng’s appeal will be very limited? Won’t there be so many people coming to withdraw money? As a result, so many people came to withdraw money that day! If this continues, that's not going to happen!
That would really cause trouble.
Immediately, the four major bank presidents gathered together to study what to do about this matter! After all, this is Lin Feng's appeal. If the whole country really responds to Lin Feng's call and comes to withdraw money, then there will be a run on the bank. And the most serious thing is that this bank does not have that much money!
"Don't be afraid, all the money you withdraw now is from current deposits. Although it is a lot of money, it is not too much. The question now is, what if everyone also withdraws it from regular deposits?"
"Regularly! This shouldn't be possible. There is not much interest on this current account, but everyone can still withdraw it, and this regular interest is quite a lot. Since ordinary people choose to save on a regular basis, they will definitely care about this regular interest. How can they not even want interest? , will the regular money be withdrawn?”
"Well, that's true. But what if Lin Feng proposes a subsidy? What should we do about this?"
"this"
The four major bank presidents were thinking hard. If this was true, it would be troublesome! To be continued…
...
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