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

Yao Yuan looked at Teacher Zhu Bing, thought for a moment, and then answered with a smile.

"There are two main reasons why we have not clearly felt the impact of the subprime mortgage crisis."

"The first reason is that it takes time for the crisis to be transmitted. Since we are not the country involved, our connection with the international financial market is not very close, and the transmission speed is relatively slow."

"Normally, it usually takes a few months to half a year from the outbreak of a crisis to the time when ordinary people feel the impact."

"Specifically in our country, it may take longer, maybe about a year."

After hearing his explanation, many senior financial officials and experts and scholars in the audience nodded in agreement.

At the same time, everyone secretly breathed a sigh of relief.

At this time, everyone hopes that the subprime mortgage crisis will spread to the country as slowly as possible and as late as possible.

In that case, the domestic financial system, and indeed all economic sectors, will have more time to prepare in order to better respond to the coming crisis.

After a pause, Yao Yuan continued:

"The second reason is that our country's relatively closed financial market played a very good role as a firewall when the subprime mortgage crisis came!"

“During the Asian financial crisis in 1997, this firewall protected our country’s economy well from the impact of the Asian financial crisis!”

"To this day, this firewall has once again protected our economy, well resisted the adverse effects of the subprime mortgage crisis, and turned our country into an oasis!"

"But this kind of protection cannot last forever. The tsunami caused by the subprime mortgage crisis will come sooner or later. Before this huge tsunami hits, I hope we are ready."

"It can be seen from this subprime mortgage crisis that the argument of advocating a comprehensive opening of the financial market is not advisable. It will completely expose our financial market to international speculators."

"In my opinion, the route we should choose is limited opening up, and we must firmly control the dominance of the domestic financial market from beginning to end."

"hiss!"

There were gasps of air in the auditorium, one after another.

Everyone was shocked by Yao Yuan's words and their eyes were full of shock.

Professor Ouyang and Professor Liu sitting in the audience, as well as Secretary Qiu and others who were watching the live broadcast on the computer, also behaved the same way.

No one expected that Yao Yuan would be so bold.

Actually, in this personal lecture, he directly raised the issue of opening up the financial market and gave his own opinions, which were well-founded!

You know, the domestic economics community has been quarreling over the past few years regarding the opening of the domestic financial market and the degree of openness!

For him to suddenly jump out and do this all of a sudden is tantamount to poking a hornet's nest!

Next, many economists and financial experts will definitely come out to oppose, or even publish articles to attack, it is possible!

Looking at the high-spirited Yao Yuan in the center of the stage, Professor Ouyang laughed and cursed a few words in annoyance.

"This kid is really capable of causing trouble. I hope the world won't be in chaos!"

Before he finished speaking, Professor Liu beside him nodded and agreed:

"What did I say before? With Yao Yuanyu's unflappable behavior, there will definitely be some shocking remarks today, as expected!"

"Look, this is by no means the end. This kid may have even more shocking remarks next!"

Upon hearing this, Professor Ouyang suddenly chuckled.

Secretary Qiu, who was staying in Haizi, shook his head helplessly.

The foreigners sitting in the fifth row of the auditorium all had faces as dark as the bottom of a pot.

They come from several top Wall Street investment banks. They most hope to see the full opening of China's financial market, and they have been working in this area and making every effort to promote it!

Once China's financial market is fully opened, Wall Street will be able to attack and harvest wildly!

Unfortunately, the relevant work is not progressing smoothly!

And they never expected that Yao Yuan would take advantage of the outbreak of the subprime mortgage crisis to express his opposition to the full opening of the financial market!

In this case, his speech is undoubtedly very convincing and will wake up many people!

Thinking of this, these foreigners suddenly felt itchy at the roots of their teeth, and they all looked at Yao Yuan on the stage with their eyes wide open, their eyes were very unfriendly!

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

"Okay, I have answered Teacher Zhu Bing's question. This is just a family opinion, please don't listen to me!"

"Next, the questions will continue. Who has any questions to ask? You can raise your hand!"

Before he finished speaking, the audience quickly raised hundreds of arms, more than twice as many as before.

Yao Yuan quickly scanned the scene and then raised his hand to point to a media reporter in front of the stage.

"Let this reporter friend ask the question this time. This reporter friend asked the question before at the south gate of the University of Finance and Economics, but I did not give a response."

"If I remember correctly, you should be a reporter from CCTV Financial Channel"

As he said this, the CCTV reporter had already obtained the microphone.

Then he nodded and started asking questions.

"Yes, Mr. Yao, I am indeed a reporter from CCTV Financial Channel. I am very happy to interview you."

"Obviously, you have profound research on the current situation of the international financial market and the subprime mortgage crisis, and you also have very unique insights!"

"What I would like to ask is, what do you think the international financial market will do next? How will the subprime mortgage crisis develop? Will it turn into a larger-scale crisis and cause greater losses?"

There is no doubt that these are the questions that everyone wants to ask, and everyone wants to know the answers to these questions!

But things backfired!

Yao Yuan looked at the CCTV reporter, smiled and shook his head.

"I'm very sorry. On such a public occasion, I will not predict the trend of the international financial market, nor will I predict the next development of the subprime mortgage crisis."

"I believe everyone knows that I have a Jiuye Investment Company under my name, which is participating in investments in the international financial market."

"Under such circumstances, it is inconvenient for me to make predictions about financial market trends, as that may mislead some investors and have a negative impact."

Having said that, he suddenly changed the topic.

"You can continue to ask questions, I hope I can answer this question."

Following his words, a forest instantly grew under the audience, more lush than before.

In the blink of an eye, twenty minutes have passed.

After answering questions from eight or nine people in succession, Yao Yuan finally pointed to a foreigner from a top Wall Street investment bank and asked him to stand up and ask questions.

The foreigner was not polite at all. He took the microphone and asked directly:

"Hello, Mr. Yao, I'm Derek from Morgan Stanley's Beijing office. Nice to meet you."

"Many people in the international financial market now know that Jiuye Investment is a super short seller. It is frantically shorting the financial market and has made a huge profit from it!"

"Then I would like to ask, by taking advantage of this subprime crisis, you are short selling, are you a little bit adding to the flames?"

"Your radical behavior of short-selling may be one of the important reasons why the losses caused by the subprime mortgage crisis are increasing and difficult to contain!"

Yao Yuan looked at this guy and shook his head leisurely.

"Hello, Mr. Derek, nice to meet you too, welcome to the capital!"

"I don't agree with your statement. First of all, it must be clear that the subprime mortgage crisis broke out first. I saw this golden investment opportunity and ended up going short!"

“Rather than me being the first to go short and causing the subprime mortgage crisis to break out, I am confident that I don’t have such incredible abilities and cannot influence the development of the subprime mortgage crisis!”

"And I'm very sure that if you were in my position, you would be more ruthless than me, and you might be able to make more money!"

"Don't forget, you set the rules of the international financial market. Is it possible that you want to destroy the rules you set?"

"As far as I know, there are many big short sellers on Wall Street who have made a lot of money from this subprime mortgage crisis, and your boss and friends may be among them."

"Should you question them first, and then question me? That's how you stand!"

"what!"

Derek exclaimed, completely dumbfounded!