America’s Road To Wealth

  Chapter 534 The butterfly effect brought by Abel

  In the eyes of many people in the world, the United States is "paradise" and New York is the "paradise" of the United States.

  Whether Los Angeles people admit it or not, New York is the largest city in the United States, and it symbolizes the face of the United States to a certain extent.

  In the eyes of many people, New York is like a feasting place, with tall buildings and bustling streets. The streets of New York are similar to those of New York, and many of them are world-famous.

   Of course the most famous is Wall Street.

  A street represents an industry, even the country of the United States.

  This is very rare or even unique in the history of the world.

   Among the many streets in New York, Madison Avenue is also a very famous street.

  The Madison Square Garden, regarded as a sacred place by many basketball fans around the world, is on this street.

   "Madison Avenue" written by the famous American writer Martin Meyer is a book written by many outstanding figures in the advertising industry. It is favored by many people in the advertising industry and is almost like a textbook.

  Madison Avenue has thus become a representative of "advertising". It is the location of many large and well-known advertising companies in the United States, and it is called "Advertising Street".

  Like the Financial Street on Wall Street and the Luxury Street on Fifth Avenue, they are very representative.

   Of course, just as there are stores and other businesses on Wall Street, Madison Avenue has businesses other than advertising agencies.

  The largest Wells Fargo Bank in New York, Wells Fargo's main stronghold on the East Coast, is on Madison Avenue.

  180 Madison Avenue, James Building.

  Kayla walked out of the meeting room with a faint smile on her face, and walked to her office. She looked at the watch on her hand, and it was 5:30 in the afternoon, which just ended the last meeting of the day.

Walking into her office, the smile on Kaila's face slowly dissipated. She walked behind the desk, kicked off the high heels on her feet, and sat on the boss chair with a trace of fatigue on her face, with her head resting on the back of the chair , a little lazily stretched out her delicate body and those slender big white moon backs.

After all, it was because she slept a little less yesterday, and she was a little tired. Although staying up late didn't hurt her beauty, she could still be full of energy in front of her subordinates. If a woman wants to achieve success in her career, she naturally needs to work harder and struggle.

And Kaila knows why she is struggling. Because of her own insecurity and distrust, she hoped to attract her father's attention and attention through her own efforts and hard work, and get her part. I feel like running blindly, but I can't see the ribbon representing victory when I reach the finish line. I can't talk about the joy of crossing the line at all.

  It wasn't until she met Abel, the thing she had been chasing all along, that a glimmer of light finally appeared.

  When she realized that her father's hesitation was still loose.

  Kayla Wilson, a well-known Californian princess in the upper California circle, resolutely and without hesitation did something that made many West Coasters angry and eye-popping.

   She hooked up with Dixie from Texas.

  In the beginning, she took the initiative to get closer to Abel, even willing to be Abel's mistress.

  The main reason is to avoid becoming a marriage machine and losing the right to inherit the family wealth.

  Because in the circle in California, in order to prevent the wealth of the Wilson family from falling into the hands of others, no matter who she marries, as long as it is someone in the circle of the California consortium.

  Her father and brother will definitely keep her away from the core interests of the Wilson family.

   In terms of male and female inheritance rights, Americans are more traditional than Europeans. Unless there are really no male heirs, no matter how good a female heir is, it is difficult to get too many inheritance rights.

   But she hooks up with Abel, and not getting married is a different story.

  If you don’t get married, you won’t have legal property inheritance issues. She could be Wilson until she died, and at the same time get the help of Abel, who was very interested in joining the California consortium.

   Now is the honeymoon period between the Texas consortium led by Abel and the California consortium.

  Abel’s ideas and voice are valued by many people in the California consortium.

  Kayla's approach even made her father hesitate.

  Even if there is hesitation, a large part of the reason is because of the "benefits" brought to her by her brother's infertility.

   Had John Wilson been fertile, she would have been out long ago.

   Now, far away from California, she continues to fight for her future.

  But as she got closer to Abel, Keira gradually discovered that this kind of life seems to be very good now.

  She is very busy every day now, but she is in control, and she can get involved in Wells Fargo's business operations on the East Coast.

  In addition to being busy, you can also live a happy and shameless couple life with Abel to fill the spiritual and physical emptiness.

   After several months in New York, Kayla felt that this was the happiest time in her life.

  Thinking of her boyfriend, although there is some haze lingering in Kayla's heart-Fakxiet the Smith is super lovable carrot!

   But she knew full well that she had to be patient. This man was too legendary, and he showed up too late, so he had to be patient enough.

Opening her beautiful eyes with bright eyes, she stood up from the boss chair, went into the bathroom barefoot to touch up her makeup, so that she would not look so tired. As a career strong woman with strong ambitions, Kayla has been Avoid bringing temper tantrums home, and try not to use the same solution to work and life problems.

  After all, her strength at work will help her work and career.

  But if you are strong in life, whether it is at home in California or at home in New York, it is really not an appropriate approach.

  The two men in the two families, the father and the boyfriend, are stronger than her in all aspects.

  In these two families, even if she wants to be strong, she can't be strong...

  So, when she packed up and walked out of the office, Kayla, who got off work, immediately entered the home mode, eating and bathing with her boyfriend...

   Of course, for an animal like Abel, bathing together is undoubtedly a favorite mode of relaxation.

   Doing this, and accomplishing two of these three tasks at the same time...

  Night, in the living room. Her complexion became more and more rosy, and her fair and pretty face completely turned into a puffy Kayla, with a strong charm between her brows, wearing a white silk suspender dress, lying limply on the sofa, not bothering to move a single finger Looking at a few sheets of paper.

  Abel, on the other hand, had a happy and satisfied smile on his face, holding Keira's slender big white moon backs and caressing them gently.

  Ansa people are hairy, and Germanic people of the same bloodline are similar. On the European side, the closer to the Mediterranean, the less body hair.

  The Wilson family in California seems to have a strong southern European ancestry, belonging to a group of European descendants with relatively few hairs. Strictly speaking, it does not fit the characteristics of the WASP group, so the California consortium is vaguely rejected by other old consortiums.

  But this makes Keira's body hair more in line with Abel's aesthetics.

   But, modern technology has a modern technology response.

  Go high-tech, not to mention body hair, as long as you have money, your pores can be covered for you.

   A girl like Kayla who has a certain talent and quality and is not short of money, is naturally slippery all over.

"Honey, others say that you have no rivals in finance. But according to me, your business sense is more sensitive than anyone else! Let's just say that you started buying luxury houses all over the United States two years ago. How many people can compare. Looking at these villas on Long Island, most of them have appreciated by 50% to 80%, my God, it’s only been two years!"

  Kayla looked at the two manuscript papers full of names that Liabel had given her before, and the A4 paper with the addresses of a large number of high-end luxury properties and said with emotion.

  One of the things she was looking at was an invitation list for attendees of a banquet that Abel was planning to host when he got back to New York.

  The piece of paper full of addresses is the venue for the banquet.

  Abel handed over the review list and the leadership of the banquet to her.

  Kayla was very satisfied with this, and she felt that this was an important milestone on her way to "seizing power".

  Look, these things that should be done by the hostess, aren't they doing it by themselves now?

"As far as I know, Wells Fargo has been very cautious in real estate in the past two years. According to the information, there are not many real estate mortgages and subprime mortgages." Abel gave her a "massage" and smiled said.

  With the government's release of water, US real estate rose two years ago.

   It has been rising for the past two years, and it will continue to rise in the future.

  This trend, many Wall Street giants have smelled the taste.

   Various real estate-related bonds, mainly represented by subprime mortgages, have sprung up crazily and become the main source of profit for many investment banks and even commercial banks in the past two years.

   The craziest of them all is Lehman Brothers.

  Since last year, Lehman Brothers has been the second most profitable Wall Street investment bank.

   Because they specialize in this field, and this field brings them amazing profits.

  Subprime refers to subprime mortgage loans, which is a high-risk, high-yield financial field.

  The specific meaning refers to the loans provided by some lending institutions to borrowers with poor credit and low income.

  The difference from standard mortgage loans in the traditional sense is that subprime mortgage loans do not have high requirements on the credit record and repayment ability of the borrower, and the loan interest rate is correspondingly much higher than that of ordinary mortgage loans.

  Those who have been rejected by banks for prime mortgage loans due to poor credit history or weak repayment ability will apply for subprime mortgage loans to buy houses.

   So you understand the source of that horrible subprime mortgage crisis a few years later, right?

  For high interest rates, these banks have lent money to people with poor repayment ability and bad credit.

  It’s okay when the overall economy is rising, but when the economy becomes unstable, it’s no wonder that such people can afford the money to repay the loan!

  They couldn't afford the money to repay the loan, and the banking crisis was imminent, which is why the subprime mortgage crisis was formed.

  In the parallel time and space, the reason why Lehman Brothers must die is because they released too many subprime mortgages and related bonds, the amount is as high as 613 billion US dollars...

  A company with such high debts, who can save it?

   Probably only a country, and it must be a powerful and wealthy country.

  So when even the federal government abandons it, bankruptcy is already a doomed thing.

   Knowing that there will be a big crisis in the future, Abel has been paying attention to this field in recent years.

  He worried that because of himself, the butterfly effect appeared, which made the crisis appear earlier or later.

  At present, Abel feels that the crisis will most likely be brought forward.

  The reason lies in those four words—the butterfly effect.

  The appearance of Abel and his plundering on Wall Street in the past two years made the investment banks and financial companies on Wall Street miserable, and the profit statements in those two years were very ugly.

  In order to make up for the unsightly financial reports, the lucrative subprime mortgages that only appeared in 1999 have become the magic weapon of these Wall Street giants.

  In this time and space, not only Lehman Brothers, but also more Wall Street investment banks are making big money in subprime mortgage loans.

  Although Abel cannot get the corresponding data on Wall Street subprime mortgages in this period in the parallel time and space.

   But a very simple reason, in this time and space, after the United States passed the Financial Services Modernization Act in 1999 and abolished the 1933 Banking Act, subprime mortgage loans appeared immediately.

  The scale of subprime mortgages in that year was less than 50 billion U.S. dollars, and in 2000 it was 95 billion U.S. dollars. The growth of these two figures seems relatively normal.

   Then last year, that is, in 2001, this figure became 300 billion U.S. dollars, which more than tripled in one year.

   This year has not yet ended, but in the first two quarters, the scale of subprime loans in the United States has exceeded 600 billion US dollars.

  This data is not normal no matter how you look at it, so Abel suspects that the subprime mortgage crisis caused by the real estate crisis in the parallel time and space may appear earlier due to his own reasons in this time and space.

  This is actually impossible. Since the United States passed the Financial Services Modernization Act in 1999, the Banking Act of 1933 has been repealed.

   And after passing the Commodity Futures Modernization Act in 2000.

  The consequences of the passage of these two bills will inevitably lead to the unrestricted and deformed expansion of financial capital in the United States, and the irreversible transformation of the national economy from real to virtual.

  In the beginning, capitalism is prone to economic crisis, and after adding the financial buff that turns the real into the virtual, the crisis is already unavoidable.

   "Hey...hey honey. Am I talking to you? Are you distracted? What's on your mind?"

  Kayla's crisp voice brought Abel, who was exuding thoughts, back to reality.

   "You asked about Wells Fargo's subprime mortgage just now, but you didn't respond after I said it. What are you thinking? I'm so distracted in front of you!"

  Her charming little face was somewhat dissatisfied, and her beautiful eyes stared at Abel.

  Abel smiled, thinking that even if the financial crisis came earlier, it would not be a problem for him, but a bigger opportunity.

   Wouldn't it be better to let it appear earlier?

   It's just that from now on, we have to make preparations.

   Instead of starting preparations after two or three years as planned.

  Thinking of this, he let go of Kaila's slender big white moon, directly hugged her whole body, and put her on his body.

   "Let's not talk about that, have you chosen the address for the banquet? I think Long Island should be chosen. It's summer now, and it's more beautiful there."

  Crisis crisis, the greater the danger, the greater the opportunity.

  Since this is the case, let the storm come more violently.

   Chapter 532 is harmonious, the computer has been brought back, and there are two more chapters tonight.

  (end of this chapter)