They are all reborn, and the grandson is still a spare tire

In the auditorium, center stage.

Yao Yuan stood in the spotlight with a microphone, tall and confident.

Seeing this scene, everyone couldn't help but secretly shouted "Hello".

The next moment, Yao Yuan quickly scanned the entire auditorium, then smiled and said loudly:

"Good evening, I am Yao Yuan, an ordinary finance student. I am very happy to meet you all here."

"Welcome to the University of Finance and Economics, and welcome to attend this personal lecture of mine. It is a great honor!"

"clap clap"

There was a burst of warm applause and everyone started to applaud.

Many students and teachers from the University of Finance and Economics sitting at the back of the auditorium were applauding and cheering non-stop!

"You are so handsome, Senior Yao Yuan, you are my idol and male god."

"Well done, Yao Yuan, you are the best!"

Not only in the auditorium, but also in the small square outside, as well as in many classrooms and dormitories of the University of Finance and Economics, there were also cheers and applause!

Especially the girls, all of them have stars in their eyes!

Listening to these cheers, many senior financial officials, experts and scholars sitting in front of the auditorium chuckled.

After the applause and cheers subsided, Yao Yuan continued:

"Thank you for your support. As for idols and male gods, let's forget about it."

"I'm not an idol star, and I don't want to be star-chased."

Following his words, the scene burst into laughter again.

After a few jokes, Yao Yuan quickly returned to the topic.

"When I came back from Hong Kong Island a few days ago and reported to Principal Wang and Secretary Qiu, the two leaders unanimously made a request, hoping that I could give a personal lecture on campus."

"Introduce the current situation of the international financial market to the teachers and students, and introduce the ongoing and rapidly expanding subprime mortgage crisis!"

"Since the two leaders made this request, I naturally couldn't refuse, so I had no choice but to nod and agree to hold this personal lecture!"

"But when I stand here, I feel very scared and anxious. To be honest, I didn't expect that so many seniors, experts and scholars in the financial field would come today."

"In front of so many experts and scholars, asking me, a college student who has not yet graduated, to talk about the international financial market situation and the subprime mortgage crisis is really a bit like trying to teach the same thing!"

"Hahaha"

There was a burst of laughter, and many senior financial officials, experts and scholars nodded appreciatively.

This kid is so good at life, no wonder he is so successful!

What's more important is that this guy's strength is so extraordinary that you can't even accept it!

The foreigners who were also in the audience smiled very reluctantly.

Through simultaneous interpretation by a translator, they instantly understood what Yao Yuan said!

When they heard the words that the subprime mortgage crisis was rapidly expanding, their eyelids jumped, and there was an ominous omen!

Next, Yao Yuan continued to chat with everyone and briefly introduced the origin of this lecture.

It wasn't until Zhou Xu gave a hint that the projector was ready that he got to the point.

"Okay, I've talked so much about it, I guess everyone is tired of hearing it!"

"Let's get down to business and talk about the international financial market and the subprime mortgage crisis. I believe this is what everyone wants to hear most."

As he spoke, the stage lights quickly dimmed.

The chasing light that enveloped him became brighter, making his image appear taller!

At the same time, Zhou Xu has turned on the projector and started to demonstrate a series of PPT files produced by Yao Yuan so that everyone can better understand what he said.

The first thing that appeared on the projection screen was an eye-catching title.

“What is the subprime mortgage crisis?”

As soon as this title appeared, it immediately attracted everyone's attention.

Looking at this eye-catching title, quite a few people at the scene were confused.

Many senior financial officials, experts and scholars, as well as a few foreigners, had serious expressions.

The next moment, Yao Yuan's clear voice came again.

"In the past few months, the domestic financial market has been calm and even prosperous. But what many people don't know is that this is not the case in the international financial market!"

"Since February this year, the international financial market has been turbulent and all kinds of bad news have continued. Many large financial institutions have gone bankrupt or fallen into trouble and cannot extricate themselves!"

"Since August, more and more financial institutions have been hit by thunderstorms, and the situation in the international financial market has become even worse, and has even entered a precarious state of crisis."

"Because this crisis originated from the subprime mortgage market in beautiful countries, the international financial community named this crisis the subprime mortgage crisis!"

"The full name of the subprime mortgage mentioned here is subprime mortgage loan. If you want to understand the causes of the subprime mortgage crisis, you must understand what subprime mortgage loans are."

"In short, a large number of financial institutions in the beautiful country, driven by high returns, have granted large amounts of housing loans to some people with poor credit and low risk tolerance."

"Compared with normal home loans, the interest rates of subprime mortgages are many times higher. At the same time, the risks associated with them are also many times higher than normal loans..."

Just as he was introducing the situation, Zhou Xu displayed the definition of subprime mortgages, interest rates, and corresponding risks on the projection screen one by one.

As he introduces it, look at concise and concise relevant data and definitions, as well as examples.

Everyone quickly figured out what subprime mortgages were!

Even those students who came to watch the excitement and had no knowledge of economics and finance figured it out!

The faces of the foreigners and several overseas media reporters sitting in the fifth row of the auditorium became darker and darker!

Next, Yao Yuan briefly introduced the origin of subprime mortgage loans.

Then, he suddenly changed the subject.

"When the real estate market was booming, the subprime mortgage market was booming, and there was no problem in sight. Everyone seemed to be making money!"

"But house prices cannot rise forever. As the real estate market in the United States cools down significantly and enters a downward channel, the huge risks of subprime mortgage loans are exposed!"

"What's even more terrible is that many financial institutions and Wall Street investment banks in the beautiful country have long packaged all subprime mortgage loans into securities products and carried out crazy speculation!"

"Originally, there were only a few hundred billion in subprime mortgage loans. After crazy speculation and layer upon layer increase in investment by numerous financial institutions and investment banks, they have rapidly expanded to tens of trillions of dollars."

"This is the CDS market. CDS, also called credit default swap contract, is a highly risky financial derivative. The current CDS market value has reached more than 60 trillion U.S. dollars."

"Of the more than 60 trillion U.S. dollars in market value, there are only a few hundred billion U.S. dollars in real loans, and the remaining over 60 trillion U.S. dollars are bubbles, all formed by crazy leverage and speculation!"

"As the country's real estate market entered a downward trend, countless defaults occurred, and this huge bubble burst, followed by the subprime mortgage crisis sweeping the international financial market!"

"But the root cause of the subprime mortgage crisis lies in the neoliberal economic policies that the United States has vigorously promoted in the past 30 years, which led to the serious lack of financial regulatory systems!"

Not surprisingly, this explanation shocked everyone and made everyone exclaim.

"Ah! The super bubble of more than 60 trillion US dollars has burst. This is too scary!"

"I'll go! Those bastards on Wall Street are simply crazy. They can actually blow up hundreds of billions of dollars in loans to more than 60 trillion dollars. What are they not crazy?"

Just as everyone was exclaiming, the foreigners sitting in the audience were dumbfounded and full of fear.

Especially those guys from some of the top Wall Street investment banks, they never expected that they would have their underwear completely taken off here!

The next moment, the economic counselor of the beautiful country's embassy suddenly stood up.