Life at the Top

Life At The Top Chapter 1774

“It’s like dominoes. Once one of the

dominoes falls, a series of chain reactions

will cause the entire building to collapse.

“Once Jasper continues to short-sell the subprime mortgage market, subprime loan products will become worthless and those subprime loan companies that borrow from the bank will face pressure t o repay their principal and interest amounts.

“The collapse of loan products will

directly affect the evaluation of housing

credit by banks and subprime loan

companies.

“Once its value drops, housing prices will collapse. Once housing prices collapse, people will find that the market value of the house they bought is far less than the loan they need to repay to the bank, so a massive wave of supply cuts will follow.

“When large-scale defaulting breaks out, banks and subprime loan companies will not be able to recover the principal and interest lent out, which will lead to the continued depreciation of subprime loan

products.

more it depreciates, the less people will buy them. The lesser people buy them, the

an endless

more serious, He walked to the door of the office and said, “I must go

asked, “But if they ask for help, what should I

them find a way to save themselves. Before getting authorization from Washington, neither I

that, he left

sighed helplessly

at the place where Greenspaner stood by the window before

rain had

at this moment, Jasper, had just eaten supper and was about to take a short break during the half-hour of settlement of transactions in the subprime market when

two tall white

Laine, I am the president of Forbes Magazine in the Terra region,

politely and gave some

with a smile and glanced at Wellington with a

and even after he was reincarnated into this life, Jasper often imagined when he would be included

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