The flowers in the factory of rebirth are too fierce

Chapter 1336 True Talent and Practical Learning

Lin Zhiyuan listened carefully to Li Changan's words, "Chang'an, before asking me, have you ever thought about the answer to this question?"

"Uncle, in the past two years, high-tech stocks, led by the Internet, have really risen sharply. When I was at Citigroup, my classmates who studied computer and Internet had an annual salary of more than 100,000 US dollars upon graduation, and some even reaches 200,000 US dollars, while the annual salary of graduates in other majors is generally around 50,000 to 60,000 US dollars.”

"This shows that the Internet industry in Citigroup is indeed booming. On Wall Street, all stocks related to the Internet are very hot. There is an argument circulating throughout the country that the Internet can change the world and the future." Li Changan took a deep breath. After taking a breath, "I believe that technology can indeed change life, change production methods, and change economic models."

Lin Zhiyuan, who was sitting opposite him, was still looking at him with a smile.

Li Changan shook his head, "But stocks can't. Now the entire world's stock market is actually overdrafting the future profits of Internet companies. Hot money from all over the world is pouring into this industry, resulting in extremely high incomes for employees. I personally think this phenomenon is unacceptable. It will last too long and it will burst one day like a bubble.”

Lin Zhiyuan's expression changed. He didn't expect Li Changan to see the problem so accurately.

The current situation is indeed as he said, hot money from all over the world is pouring into the Internet industry. Regardless of whether the Internet company is profitable or not, or how much money it is losing, as long as the word "Internet" is attached to it, people will be willing to invest a lot of money in you. If a company makes a business plan with "e-" in the front and "" in the back, it can exchange it for tens of millions of dollars in real money.

Internet companies squandered the money arbitrarily, and this was how the new term "burning money" was born. As long as a newly graduated college student joins an Internet company, his annual salary will start at US$1. A company that sells cat litter raised US$20 million simply because the sales scenario was online. Their advertising and marketing expenses in the first year of business actually reached times the company's revenue.

This became a representative of the magic of Citi’s Internet economy at that time.

But this kind of good life will not last long, and the donor's money is not endless.

The development of things will eventually return to its proper track.

Next year, on May 2000, 5, the Federal Reserve announced its May interest rate resolution, raising the benchmark interest rate by 4 basis points. This move will allow a large amount of funds to flow back to Citigroup, and the global currency will enter a state of contraction. The cold wave came and the entire Internet suffered a brutal blow. The Nasdaq index fell 5% for the whole year, and the S&P 50 Index and the Dow Jones Industrial Index fell 39.3% and 500% respectively. In 10, it was even more tragic. The entire Nasdaq market value fell by US$6 trillion, and the index was less than a quarter of its peak. More than 2001% of Internet companies in Citizen went bankrupt.

"Chang'an, did you come up with these opinions yourself?"

"Yes, uncle, but unfortunately, no one agrees with my point of view. Even my colleagues during my internship at Chase Bank are full of optimism about the future direction of the stock market. The entire Wall Street seems to have forgotten that there are still other things in the world. There is a word called danger." Li Changan lowered his head, spreading his fingers and stroking his hair back like a comb, "Uncle, so I am very distressed. I know that this feast on Wall Street will end sooner or later, but I can't tell the exact time. I am now in charge of the operation authority of 50 US dollars. If I do nothing and let the money lie in the account, I am afraid that other colleagues will look at me like a monster. I am very embarrassed. " Li Changan originally didn't want to talk so much to Lin Zhiyuan, but this situation particularly aroused people's desire to talk, especially when sitting in front of him was Lin Zhiyuan, who was highly praised by his father and had a strong sense of smell in finance. He didn't know I said a lot of things unconsciously.

Lin Zhiyuan understood his dilemma very well. After thinking about it, he patted Li Changan on the back and said, "Chang'an, I think what you said is very reasonable. I agree with your point of view. The current Internet bubble phenomenon is obvious and there will definitely be one." The day it breaks, but we don’t know exactly when it breaks, so how do we operate before it breaks is really a problem.”

Li Changan raised his head suddenly. He didn't expect Lin Zhiyuan to summarize his views so comprehensively in just one sentence.

"Uncle, what you said is so accurate. I just don't know what to do now. Can you teach me?"

Of course, Lin Zhiyuan couldn't tell him that next year would be the time when the Internet bubble burst. "Chang'an, if the Internet bubble bursts, an event will definitely detonate it. I think you can pay more attention to the movements of the Federal Reserve. If the Federal Reserve raises interest rates, hot money will flow back to the banks." , the Internet industry is bound to face a shortage of funds, and it will be dangerous by then. "

At this moment, Li Changan even forgot about Su Jin. He frowned and thought hard about Lin Zhiyuan's words. Half a minute later, he slapped his thigh and stood up suddenly, "Uncle, what you said is so right. I have to go back and think about it." , check the information, I’m leaving first.”

Li Changan walked away, and Lin Zhiyuan looked at his back and laughed out loud.

If you have a prophet, you are a bull!

However, even Lin Zhiyuan, who has a prophet, has to admit that Li Changan does have real talent and learning. It is especially rare that he can maintain his sobriety when the whole world is crazy about Internet stocks.

Lin Zhiyuan returned to the room and took a shower. As soon as he lay down, Su Jin came over and said, "Hubby, why are you so busy recently?"

While talking, Su Jin beat Lin Zhiyuan's legs with his small fist.

Lin Zhiyuan closed his eyes and enjoyed his wife's service.

"Isn't it that after the conference, big changes have taken place in the political arena in eastern Guangdong? Governor Tan is now the provincial party committee secretary, Secretary Fang has been transferred to the province as the governor, and the former mayor Yu is now the Yangcheng City party committee secretary. Yangcheng has a new mayor, and as the general manager of the Yangcheng branch, I have to get close to these leaders, congratulate them, and do some land work. "

"My husband is so awesome!" Su Jin looked at Lin Zhiyuan with admiration, "How are things going?"

"Fortunately, the leaders have kept their word. The land matter has been completed. It is estimated that the results will be available this month..." Before Lin Zhiyuan finished speaking, he suddenly opened his eyes and looked at Su Jin in confusion, "Something is wrong. Son! Why are you deliberately trying to flatter me lately? You have to wait for me to come back before going to bed. You were not like this before. Are you asking me to do something? "

Su Jin covered his mouth and chuckled, "Stop being so slutty, what can I ask you to do? Even if I really have something, do I still need to ask you?"

"That's true." Lin Zhiyuan nodded seriously.

"Isn't my mother living here all the time recently? She always tells me to be nice to you. She is afraid that you will become more and more powerful as an official, while I will become more and more old. What if you dislike me?"

Lin Zhiyuan burst out laughing, "What my mother-in-law said makes sense, you have to be careful in the future."

Su Jin didn't wait for him to finish laughing, and suddenly reached out and grabbed his vital part. Her eyes were so charming that they almost watered. She said softly: "Husband, it's time to hand in your homework today."

Lin Zhiyuan shivered with excitement. The ancients said that at thirty you are like a wolf and at forty you are like a tiger.

Su Jin was such a shy little girl in the past. Even hearing such words would make her face blush, let alone the initiative. But now you look at it...