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.

less people will buy them. The lesser people buy

is an

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

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

to save themselves. Before getting authorization from Washington, neither I nor Hamilton can

Greenspaner said that,

Janet sighed helplessly and turned

by the window before and saw that the rain had started pouring outside the

heavy rain had

and was about to take a short break during

the command room, Jasper saw two tall white men

the president of Forbes Magazine in the

the lead stood up politely and gave some photos to Jasper with a smile o n his

glanced at Wellington with a meaningful look

into this life, Jasper often imagined when he would be included on the Forbes

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