Traveling at the same time, creating the door of truth

After the initial contact with Barry, Bai Mo began to chat with him about daily life.

"Are these your wife and children?" Bai Mo pointed to the two photo frames placed next to the computer in front of him, with a woman and a child stuck inside.

"Yes." A heartfelt smile appeared on Barry's face.

Bai Mo nodded, and it could be seen that Barry and his family lived in harmony.

He pulled out his chair and sat on the office chair, and asked thoughtfully: "What do you think we should do as the first step?"

Barry started from his professional academic theory: "Contact investors."

With that said, he got into working mode.

Pick up the phone and dial the corresponding number.

"Lawrence."

"Barry, I'm interested in that stock again."

On the other end of the phone was a gray-haired old man. He was currently sitting in an elegant and luxurious single apartment he had decorated, reading an ancient book written in Latin.

"Lawrence, I've discovered a flaw, a bug in the modern financial system."

"Oh." Lawrence closed the book in his hand and asked calmly: "What loophole?"

"The housing bubble."

"...Sorry, I have something to deal with."

Lawrence hung up the phone neatly.

"Oh, an accident happened." Bai Mo said helplessly.

Barry closed the phone, lay on the back of the chair with his head in his hands, and said with some disappointment: "Lawrence is the strongest supporter of the market. He did not agree immediately, which is the result that I expected."

"Then why did you communicate with him on the phone?"

"It was rejection the first time, but that doesn't mean it will be the same the second time."

Barry clapped his hands and dialed another person's number.

"Jason, team assembled."

"Joy, come to the office."

"Evans, your vacation is over."

…………

"Sorry, I'm the last one here." Evans immediately sat down in his chair after placing his hat on the cabinet shelf.

"Oh, who is he?" Evans looked at the person sitting here who was not part of their team - Bai Mo with some confusion.

Barry gave a brief introduction and described Bai Mo's identity as a collaborator.

"Friends, let's take action." Barry clapped his hands, then held the chalk between his fingers and wrote and drew on a small blackboard.

"This is the current economic and market situation in the United States. It can be said that the garbage is packed, classified, packaged, and classified to form a high-quality bond that looks like AAA or triple-A, and then it is listed and sold to those who have been deceived. A fool?"

"Boss, are you exaggerating?" Charlie pointed at the things Barry drew and said with some uncertainty: "Real estate is rising every year, how could it happen..."

"Charlie, my dearest mathematician. But this thing cannot be understood by so-called mathematics." Barry took out the chalk and wrote down words one by one.

“From 2001 to the present, the growth rate of house prices has initially fluctuated with uncertainty within the annual base interest rate, and has now increased to nine times that of 2004.

Such a huge increase in housing prices has been accompanied by an increase in residents' wages of less than 8%. Such a huge difference naturally means that there is an unimaginable market real estate economic bubble. "

"It's really hard for me to imagine that mathematical games can explain everything, so why are they still acting like this?"

After saying this, Barry broke the chalk in anger.

"Boss, are we going to burst this bubble?" Jason expressed his opinion.

“Yes, there was the first housing crash during the Great Depression era.”

Barry pointed at the blackboard, recalling what he had thought about and studied.

“I mean, there were two core key words at that time…

Very clear indicators of identification and everyone believes in it so unwaveringly. Like the hallmarks of mania, rapidly rising complexity and default rates. "

In today's market, complexity and default rates have increased exponentially to unimaginable levels.

"According to our calculations, the thunderstorm in the real estate market should begin in September this year and continue until July next year."

Bai Mo said: "However, we found that even now, it is still as stable as it was at the beginning."

"Yes, this is our next goal, to find out what is the reason why this real estate market can still persist without any wavering even though it is composed of garbage."

"Understood!" Everyone said in tacit agreement.

"Jason, Charlie and I... went to find out what the loan agreements issued by 27 banks were like."

"I'm going to visit the site." Bai Mo said with a slight smile.

Everyone quickly began to take action, each took out his own corresponding equipment, and began to conduct visits and investigations.

In the parking lot, Bai Mo held the job card given by Barry and thought it was really interesting.

It takes less than a week for an ordinary Chinese-American to enter Wall Street and then become a member of a hedge fund.

Reach the sky in one step?

"No wonder, no wonder." After muttering to himself a few times, Bai Mo opened the door of the Hornet and got in.

Pressing the steering wheel with one hand, the Bumblebee was like an unsheathed rocket, speeding along the road with an unparalleled attitude.

If you want to obtain accurate information of sufficient value, you naturally need to visit many places.

Baimo's first stop was a newly built community in a neighborhood in New York with a decent flow of people.

About half an hour later, Foam stopped Bumblebee.

After straightening his collar, Baimo entered the community.

The decoration here is built according to the ordinary people of the middle class. The community has a series of products such as swimming pools, amusement parks, self-service machines, etc. It can be said that the folk customs of the United States are reflected everywhere.

However, what surprised Bai Mo was that there were a large number of unopened newspapers placed on the carpets outside the houses here.

"Is there anyone?" Bai Mo reached a door and knocked on the door.

There was no movement inside, as if it was an empty house.

But if the house is empty, what happens if there is a payment reminder mixed with the newspaper?

Bai Mo, who didn't understand, broke off a piece of wire from the nearby facility and tried to pry open the door.

Unfortunately, the anti-theft measures here made Bai Mo unsuccessful.

Find another one.

After visiting one house after another, Bai Mo finally opened the door of a small single-family villa.

"Ahem..." Baimo slapped the dust rising in front of him. After the house was ventilated for a long time, the pungent dust was completely gone before he stepped into the house.

"I just bought a house here, and then no one lived there. It seems that... the buyers have never been here."

After talking to himself, Bai Mo took a detour and left.

Along the path in the community, Bai Mo found a house that seemed to be inhabited and knocked on the door.

"Who?"

The door was opened, and a black man with tattoos on his arms walked out.

"Hello, are you Mr. Arran Vodafone?"

"It's the name of my landlord's dog..."

"This house was bought with a loan in the dog's name...!!" Bai Mo said in great surprise.

The black man was obviously a little used to it. He twitched his eyebrows and made no comment on this.

Bai Mo coughed lightly, and then said: "Did you know that he failed to repay the loan for a month?"

"What!" After hearing the news about himself, the black man's expression changed obviously.

Bai Mo continued: "If you don't believe it, you can make inquiries through relevant network service platforms."

"If it really doesn't pay off the mortgage, then I pay the rent? Damn it, this liar, I'm going to kick his ass hard with the boots of Grandma John's house next door to my grandma!"

"Sorry, may God bless you." Bai Mo saluted politely, then turned and left.

Back in the Bumblebee, Baimo headed towards the next stop.

Or the reality is more nonsense.