As Tang Jingsheng took the lead in betraying the revolution, the result of the entire meeting was no longer suspense. Under the persuasion of the consumer market concept, Huang Rong and Director Shen quickly agreed unanimously.

This is expected. After all, whether it is Tang Jingsheng or Huang Rong, when they guessed that the plan for the investment loan company was from Zhou Ming, they thought it was feasible. They just needed a reason that could convince themselves. Now that they gave this reason, they certainly agreed without hesitation.

Of course, they also put forward their own ideas, believing that although they were convinced, they did not think that the plan was perfect. There were still some problems in it, and the biggest one was the stability of the return on investment.

The concept of the consumer market can confirm the development prospects of the secondary market, but the risks in the secondary market still exist. You should know that the reason why those people want to go to the secondary market to seek loans is either because of poor credit records or lack of stable income. In the final analysis, there is a problem with the repayment ability.

It is precisely this reason that the bad debt rate of mortgage companies is extremely high and the investment returns are unstable.

It can be said that serious investors will not bet on this uncertainty in their main investment.

In addition, there is another point, which is how Zhou Ming is sure that the Walsh Jr.’s administration will definitely revive the federal economy by stimulating real estate. What if Walsh Jr. chooses other ways? For example, fighting another Gulf War and driving the federal economy through oil prices?

Tang Jingsheng and Huang Rong are both old investors, and their basic investment vision is still fine. The questions they raised have always been the focus of Zhou Ming's consideration. Therefore, this meeting also brought Tang Jingsheng and Huang Rong and others in to discuss together.

With the experience of Tang Jingsheng and Huang Rong, the consumer market concept was quickly improved. Zhou Ming then notified the major shareholders such as Piero and Freeman to explain their investment plans to them.

Everything was as written as the script. Piero and Freeman did not agree to invest in loan companies at the beginning. Like Tang Jingsheng and Huang Rong before, they believed that there were too many uncertain factors in the secondary market and the investment risk was extremely high, so the returns of direct investment in real estate companies were not as stable as those of direct investment.

However, when Zhou Ming came up with their future consumer market concepts, he told them that if the Walsh administration wanted to revitalize the federal economy by stimulating real estate, it would have to rely on the huge secondary market to complete it.

Of course, the most important thing is to lower the risk. Once the real estate policy is stimulated to be launched, the market will fall into a carnival like the previous Internet. In this collective carnival, not only will the risks be automatically ignored, but the shares of various loan companies will even be infinitely pushed up by the market.

In this case, what they have to do is to invest in a batch of mortgage companies just like in the Internet bubble, and then wait until the high level is cashed out, so as to simply avoid risks.

Facing the investment plan offered by Zhou Ming, Piero and Freeman looked eager to try, but they still needed a last reassurance: "Mr. Zhou Ming, why do you think that the Walsh administration will start a real estate plan and the Federal Reserve will cooperate with the interest rate cut?"

"Because that's what his father, Walsh, did!"

Zhou Ming gave the answer he had prepared long ago, and he told Piero and the others that there was an economic recession in the late 1980s, and Old Wall

What I proposed to solve the problem is to stimulate real estate plans.

"If you look through the bill documents of that year, it is not difficult to find that the real estate plan of Walsh at that time was targeted at the people who could not buy houses normally through bank loans. The Federal Reserve also made a good decision to cut interest rates. Walsh's ruling measures can be used as reference now."

In fact, Zhou Ming also wanted to say that it was Old Walsh who introduced bills for the secondary market at that time, which gave him the opportunity to witness the subprime mortgage crisis in the early 1990s.

The scale is definitely far from that time, but the concept is basically the same, which is also Zhou Ming's confidence.

"Later, due to Wellington's unexpected victory in the election, the re-election of Walsh was interrupted, and the policy was temporarily put on hold. Now Walsh Jr. is back on the stage. Faced with the situation after the Internet bubble burst, he is likely to pick up the policies that Walsh had implemented back then."

Zhou Ming also said: "Of course there is more important thing, except real estate, Walsh Jr. actually doesn't have many choices!"

Looking around the world, real estate is a weather vane of the economy. Whenever the economy is good, you can see house prices soaring. On the contrary, the economic downturn often starts with the collapse of house prices. This is because houses, as high prices and are both urgently needed goods, have a very good role as a capital reservoir.

In addition, the real estate economy can also drive the development of upstream and downstream industries, as well as many surrounding industries, and its role in promoting the economy is very obvious.

In this regard, it is difficult for any other industry to achieve this effect except real estate.

It is precisely this reason that makes Zhou Ming very confident.

Piero and Freeman had no objection, so they went to the specific investment project.

Zhou Ming said that according to the current sluggish real estate situation in federal states, most of the mortgage companies are not easy to live. Therefore, Zhou Ming decided to invest on a large scale, preferably a company with certain strength and appeal.

Zhou Ming finally gave two names: "Meifang and Meidi, this is what I want to invest mainly in."

If you experience the financial crisis, you are not unfamiliar with these two names, because the subprime mortgage crisis began with the debt crisis of these two companies.

Meifang and Meidi are the two largest housing mortgage loan companies in the United States. Their resumes are basically the same, both of which were established by the federal government and later listed and became joint-stock private enterprises.

Their business project is to purchase loans from commercial banks and then place the money on the market or other mortgage companies, and to achieve company profit by helping those middle- and low-income people who cannot normally lend to commercial banks to provide high-interest mortgage loans.

Because in order to ensure their own income and reduce risks, commercial banks usually do not lend to middle- and low-income people and minorities, even mortgage loans will be extremely strict.

However, middle- and low-income people and minorities also have the need to buy a house. This is the market for loan companies. Companies like Meifang and Meidi have good credit and federal government support, and generally have no risk of default. Therefore, banks are very happy to lend to such companies. Meifang and Meidi take the bank loan to loan to low-income people and minorities, and earn interest rate differences at the same time.

To put it bluntly, these two companies are the largest mortgage dealers in the United States.

Now that Zhou Ming wants to invest in a loan company in the United States, the two companies, Meinfang and Meindi, cannot be avoided by any means.

"The problem is still the same now. I am a Chinese. I don't have a network of people here and cannot directly connect with these two companies to engage in investment negotiations. The efficiency of direct acquisition through the stock market is too low, which can easily arouse market changes and also easily arouse the federal government's vigilance. Therefore, the best way is to directly invest in the company!" Zhou Ming said.

Piero and Freeman shook their heads after hearing this, and they told Zhou Ming, Meifang and Meidi, that it is difficult to invest in.

"Mr. Zhou Ming, you may not know some situations very well. As you said just now, both Meifang and Meidi were established by federal government funds, which shows that their status has been higher than ordinary joint-stock companies from the beginning."

"As a super company with a revenue of one trillion yuan every year, they are very proud and generally do not accept foreign investment, so it may be difficult for you to contact them for investment."

Zhou Ming nodded and said that he had considered the issues they mentioned, but Zhou Ming believed that the current situation had fundamentally changed from before.

"In the past, Meifang and Meidi held hundreds of billions of dollars, and connected with so many real estate companies and middle- and low-income home buyers. They were completely a prince of the secondary market, but that was the past!"

Zhou Ming continued: "But now, with the collapse of the Nasdaq stock market, the decline of Jones and the entire federal economy, and more importantly, the large outflow of capital has caused the weakening of the real estate industry. I have investigated many mortgage companies, and they are basically on the verge of bankruptcy."

Freeman also made great achievements in the real estate industry. He reminded at this time: "Mr. Zhou Ming, you may not know one thing, that is, the two companies, Meifang and Meidi, have a very strong relationship in Congress, and can often push Congress to pass some bills that are beneficial to them. It is not easy for them to let go of their stature for such companies."

"I totally believe this."

Zhou Ming said: "Of course, I believe that with the strength of the two state-owned enterprises, Meifang and Meilin, can still hold on. I also believe that they can lobby for Congress to pass a bill that is beneficial to real estate, and they can even arrange lobbyists to Walsh Jr., or the Walsh Jr.'s real estate stimulus bill I predicted was just the fuel behind the scenes. It doesn't matter!"

Speaking of this, Zhou Ming paused: "But this does not mean that he is not in trouble and does not need to invest. On the contrary, I think now is the best time for us to intervene, because once their lobbying results are achieved, we will have nothing to do."

Eat meat or drink soup?

This is the choice that Zhou Ming put in front of Piero and Freeman. Now that they are involved in Meifang and Meidi investment, they can not only gain higher investment returns, but more importantly, they can also gain market leadership. On the contrary, they can only follow Meifang and Meidi’s butt to pick up some leftovers.

Zhou Ming sat in the seat with his hands in his arms. He was very confident that these capitalists would definitely make the same choice as him.

Sure enough, after a few minutes of silence, Tesman took the lead in proclaiming: "I agree, at least we can give it a try first, what if it succeeds?"
Chapter completed!