Rebirth of the Evil Life
Chapter 5041 Do you dare to guarantee it?
(ps: Here’s an explanation: Some people have always said that the book is a bit watery and too detailed. So I gradually reduced some explanations, but when I reduced the explanations, readers responded and said something was wrong. For example, the 30 trillion I wrote yesterday Deposits, how much was GDP that year? Regarding this number, I would like to explain, how much were the deposits of the people across the country in 2012?
At the end of 2012, national deposits were 97 trillion yuan, and what was the national GDP in 2012? 51.9 trillion yuan! So what was the national GDP in 2007? 24.6 trillion yuan! And the deposits are 37 trillion, which is not much. According to fiscal statistics in the first half of 2013, the Chinese people's deposits exceeded the 100 trillion yuan mark for the first time!
China has always been a country with big deposits. All ordinary people’s wages come from working hard to earn money and then depositing it in banks! Such a state is not necessarily a good thing for the country. Because people don’t spend money even if they make money, then the economy can only stagnate! Only when flowers promote economic flow can a country's economy be considered normal! Of course, this also involves social welfare and security issues, etc.! )
“Now we are forcing Lin Feng to promise that if ‘China United Bank’ cannot pay ‘Aeolian Venture Capital Fund’s guaranteed 15% return promise, Lin Feng will pay for it out of his own pocket!” Mr. A said coldly.
If Lin Feng announces that he will pay for it himself, then they will directly smash through these real estate properties. Don't forget, the policy is in their hands. As long as the local government announces heavy fines for these unfinished buildings, recognizes the quality of the "China Housing Quality White Paper", and defines it as an official housing inspection quality guide, it will use the Quality Supervision Bureau to inspect, impose heavy fines, and even ban them. Completely mandatory demolition. Then these buildings are worthless except for the land price.
And Chinese loans,
It’s often a one-to-ten loan. There are 15 trillion loan contracts here, and it would be great to have an actual value of 1.5 trillion. When. What Lin Feng cannot afford to pay is not just the so-called guaranteed 15% interest. Mr. A and others also don't care about this little interest. It's only a few hundred billion dollars, which is not a big deal to Lin Feng. They knew very well how much money Lin Feng made.
The money earned from gambling with South Korea and the food crisis is enough to pay for the interest. What they are really planning this time is the 15 trillion contract. 15 trillion. Finally, we suppressed it and squeezed out the bubble. It would be great to have 1 trillion. The remaining 14 trillion was paid by China United Bank.
But ‘China United Bank’ is ‘China United Bank’, and Lin Feng is Lin Feng. Although Lin Feng holds shares, the bankruptcy of China United Bank does not mean that Lin Feng will go bankrupt. There is a difference between the two. Therefore, they forced Lin Feng to make a promise if something went wrong with this batch of contracts. If China United Bank becomes insolvent, then Lin Feng will be responsible for compensation.
As long as Lin Feng is willing to take responsibility, then they will be the first to take action from local governments. First of all, the official Ministry of Housing and Urban-Rural Development, a ministerial-level department, will incorporate the "White Paper on China's Housing Quality" into the official housing appraisal guide, and issue documents based on this standard, allowing local governments across the country to conduct inspections under construction or that have already been completed. Completed but unsold properties undergo a comprehensive inspection. Those that are unqualified must be rectified, and those that cannot be rectified will be pushed to reconstruction.
Now, this red-headed document has reached the Ministry of Housing and Urban-Rural Development, as long as Lin Feng promises. If China United Bank suffers a loss due to this 15 trillion loan contract, the interests of depositors will be harmed. It's up to Lin Feng to take on this red-headed document. It will be immediately sent to the Urban Construction Bureau of each city, and local governments will be ordered to strictly implement the standards of the "China Housing Quality White Paper".
The "White Paper on China's Housing Quality" was launched by Lin Feng, and it was also what Lin Feng called on real estate companies across the country to implement. Now the country has listed it as a national standard and strictly enforces it, which is a good thing. By then, real estate companies across the country will collapse, substandard and illegal buildings will be demolished, and Lin Feng will surely suffer the consequences. At that time, they will have to see how Lin Feng plans to fill the funding gap of more than ten trillion yuan!
15% guaranteed profit, this little money is really nothing.
"Mr. Lin, another 10 billion in cash was taken away today!" The bank boss looked solemn. It's only been two days, and more and more cash has been withdrawn every day. As a bank, if depositors want to withdraw money, you will never disagree with depositors withdrawing money. Even if it's the four major industries, they have to agree. At most, it's just a slight delay. Therefore, China United Bank cannot refuse withdrawal requests from depositors.
But this lack of rejection is where the trouble lies. Now, depositors are starting to withdraw money. What if all the depositors really come to withdraw money? If so, things would be really troublesome. Now that this account has been hedged, only 3 trillion of the 18 trillion in cash is left. The four major banks are already preparing to transfer this money to the vault of China United Bank.
But if all the savers withdraw their money, things will be really troublesome. They don't have an extra $15 trillion in cash to give to savers.
"What do you think we should do now?" Lin Feng saw that many bosses seemed to have something to say but were hesitant and hesitant, so he let them speak. Of course, Lin Feng roughly guessed what they wanted to say.
"Well, Mr. Lin, let's talk straight about that!" After some hesitation, several bosses vomited out the words they had buried in their hearts for a long time, "What is worrying outside now is the repayment of our 'China United Bank' After all, 'China United Bank' is 'China United Bank', and Mr. Lin is Mr. Lin. Although you are the largest shareholder and the chairman, after all, 'China United Bank' only represents 'China United Bank'. , and cannot represent you." At this point, many bosses looked up at Lin Feng's face.
"Keep talking!" Lin Feng ordered. He already knows what these bosses are going to say.
"Mr. Lin, we think so. People still believe in you. If they didn't believe you, now that such a big order has appeared, people would have withdrawn cash long ago. And now, there is only more than 10 billion cash outflows. , compared to the total amount of 18 trillion, it is insignificant! It shows that everyone still believes in you." All the bosses sighed.
In terms of reputation, Lin Feng's reputation is truly unparalleled. Under such circumstances, these common people still believed in Lin Feng, and they were truly impressed.
so!
"Mr. Lin, as long as you stand up and make a call and use yourself as a guarantee for China United Bank, we believe that the people will be stable and will not withdraw cash. Otherwise, such withdrawals will grow from small to large, and finally It's impossible to deal with it. Especially if you keep not taking a stand, the people will become more and more worried. They will think that you don't even take a stand, and obviously you are not optimistic about the final outcome of this matter. Once the people's psychological defense line is broken, , an avalanche of withdrawals will form. By then, we will be finished!" the bosses said with a serious look.
They were helpless in this matter. Lin Feng is the key. What the common people look at is Lin Feng. What Lin Feng does will determine what the common people will do. If Lin Feng remains silent, the people will go crazy.
"Do you want me to come forward and announce that if China United Bank goes bankrupt, all debts will be borne by me, Lin Feng?" Lin Feng asked word for word.
After a moment of silence, many bosses nodded slowly. Indeed, at present, this is the only thing that can save the overall situation. In fact, this incident was also caused by Lin Feng. After all, Lam Feng wanted to lower housing prices and directly targeted real estate companies, which resulted in the 15 trillion loan contract becoming dead and bad debts. Although China United Bank was created because of this, if Lin Feng doesn’t come forward in this matter, who will? Is it possible to let people like them come forward?
The point is, it’s useless for them to come forward! If these people come forward, will the people buy it? If possible, they would like to learn from Dangdang heroes like Lin Feng, who raise their arms and call out, and the whole country responds.
That feeling is as good as it feels. But the reality is, who will listen to what they say! Ordinary people will ask directly - "What's your surname?"
Therefore, Lin Feng must come forward in this matter.
But in this matter, they also know the difficulty. If Lin Feng acts as a guarantor for the 15 trillion worth of bad debts, then once something goes wrong, Lin Feng's entire company will collapse. Although they, the bosses, also own shares, they are only part of the property. Even if they do go bankrupt in the end, although they will suffer huge losses, it will not cause too much trouble to their lives. At least, they can still live in the villa they live in now, and they can still drive their luxury cars, but their life is not as comfortable as before.
On the contrary, once Lin Feng guarantees the 15 trillion, it will completely become a bad debt, and all Lin Feng's companies will face collapse. After all, this is 15 trillion, which is more than 2 trillion US dollars when converted into US dollars. Lam Feng's total assets are probably just over 2 trillion US dollars. This compensation will be paid in full.
But, there is nothing we can do now. This shameless move by the four major banks left them with no way out. Of course, they also wanted to bet their wealth and lives as joint guarantors, but their little money was just a drop in the bucket. When he said this, he sounded like a general. So, they didn't say. Let Lin Feng think about all this! Although they desperately hoped that Lin Feng would guarantee it, they did not dare to say more. (To be continued)
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