Slowly exhaling a puff of smoke, Ding Xin said leisurely, "As you all know, the American housing market is about to completely collapse, right?"
"Ok!"
Ding Qing and Li Zicheng nodded.
Han Zhijing, however, was not quite aware that America was still too far away from her, and she didn't usually pay much attention to it.
"The American housing market is related to the economic lifeline of the entire country. A housing market collapse means a national economic collapse. And you should be able to predict what the consequences of an American economic collapse would be, right?"
Ding Xin paused at this point, giving them time to think.
Although he was born into a dark family.
However, having served as a senior executive in the group for so long, I have some knowledge of economics, if not in great depth.
so...
They easily came up with the same word...
"Economic crisis!"
"That's right!"
Ding Xin nodded, revealing an impression that the boy was teachable.
The analysis continued: "The American economy is closely linked to the global economy; in other words, an economic crisis in the United States means a global economic crisis..."
Got here.
A serious expression had risen on Ding Qing's face.
The global economic crisis is definitely not good news for businesses...
But it's too early to think about these things now.
Everything is still just speculation, a high-probability event.
It's not certain whether they'll come or not.
and...
Even if an economic crisis really hits, with their current wealth, they'll at most lose money; they won't starve...
"so what?"
Ding Qing asked with a puzzled expression, "What kind of money-making method are you talking about? Through an economic crisis?"
"Not bad!"
Ding Xin picked up his teacup, took a sip, and slowly said, "My analysis is that if an economic crisis breaks out in the United States, South Korea will definitely be affected, and the Korean won will most likely depreciate..."
There was a pause.
He continued, "So, the way to make money I'm talking about is foreign exchange!"
In fact.
Ding Xin is already doing it!
Starting last November...
Besides investing all his money in the successor fund to buy CDS insurance against the American housing market, he also...
All the money earned afterward was converted into US dollars and deposited into a private foreign exchange storage account!
In a couple of days.
Once the annual dividends from Kinmen Group arrive, he will repeat the same operation!
and...
This process will continue for a very long time!
This will continue at least until the second half of the year...
......
Chapter 305 The End of the Drinks and the Dispersal of People
Which country's currency are you interested in?
Ding Qing wasn't stupid either.
This was because I was very puzzled by Ding Xin's bearish view on the American housing market.
Therefore, he specifically searched for and read books on economic markets, and gained some insights into foreign exchange.
"Dollars!"
Ding Xin smoked a cigarette and said calmly.
"US dollars??"
Ding Qing exclaimed in surprise, looking puzzled: "Didn't you say that the United States would experience an economic crisis? You still dare to exchange your money for US dollars?"
"No conflict!"
Faced with his doubts, Ding Xin smiled faintly and said, "The economic crisis can't affect America's current global economic standing. It's a bit complicated, but just trust me..."
This has been proven in another time and space.
Who would have thought...
The source of the economic crisis is clearly the United States.
Ultimately, however, the United States resorted to quantitative easing to bail out the market, making the world foot the bill.
It's ironic, and it's also true.
It's fair to say that, apart from my hometown where policies were relatively favorable and the damage was relatively minor...
Other countries have suffered incalculable losses!
South Korea, in particular, which has extremely close ties with the United States, is in a situation where the father stumbled and fell, but it was the son who bled...
This is the dollar economy, hegemony!
Is it alright?
Ding Qing fell silent...
Lee Ja-sung was also a bit confused, while Han Ji-jung had absolutely no idea what Ding Xin was talking about...
After a long time...
"So how much did you exchange this time?"
Ding Qing's eyes gleamed as he asked, "You're not planning to go all in again, are you?"
"That's not true..."
Ding Xin picked up his wine glass, took a sip, and told a white lie: "I had some spare cash, so I exchanged it. It's all in the bank anyway, just a different currency..."
"That's true..."
Ding Qing nodded slightly.
Actually, this is more secure than stock trading. No matter what, you won't lose everything due to being trapped in a losing position.
Think for a moment.
Ding Qing picked up his wine glass, downed it in one gulp, and shouted, "Alright, I'll start working on this tomorrow too. I didn't get any last time, I can't miss out again this time!"
His words sounded like they were being spoken to several people, yet also like they were being spoken to himself.
At this time.
After listening for a while, Li Zicheng couldn't help but ask, "So, is it really safe or not?"
"Stable, of course it's stable!"
Ding Xin stubbed out his cigarette, smiled, and raised his glass: "Consider this your birthday present. I guarantee it will make you money!"
"Okay, I'll try it too!"
Li Zicheng nodded slightly, raised his glass as well, and, perhaps feeling the effects of the alcohol, blushed and exclaimed, "Come on, big brother, Ah Xin, let's keep drinking!"
"drink!"
Ding Qing followed, her face flushed.
The second round of drinking begins...
Han Ji-jung, who was standing to the side, did not pick up her glass. She was a woman and had already drunk enough. She still had to take care of Lee Ja-sung that night.
now.
She simply watched the three people drinking with a smile.
He was still thinking about the money-making method Ding Xin had just mentioned.
He thought to himself, "So this is how conglomerates usually communicate! Amazing! I can't understand a word..."
This round.
Ding Xin and the other two did not discuss any more serious matters.
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