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.

them. The lesser people buy them, the more

is an endless

the door of the office and said, “I must

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

them find a way to save themselves. Before getting authorization from Washington, neither I nor Hamilton

that,

sighed helplessly

place where Greenspaner stood by the window before and saw that the rain had started pouring outside

heavy rain had

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

command room, Jasper saw two tall white men waiting

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

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

and glanced at Wellington with a meaningful look in

life, Jasper often imagined when he would be

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