Chapter 1614 Ponzi Scheme
Yu Feipeng's eyes suddenly lit up.
Let the high-ranking officials and nobles in Chongqing take out their private money and hand it over to the China-Myanmar Transportation Administration?
Yu Feipeng asked anxiously: "Zi Ren, tell me quickly, what's the solution?"
"Uncle Yu, don't worry," Zhong Yi smiled. "If you want to accomplish this, you have to join another person. Let's wait for him while eating."
"What, there are still people?" Yu Feipeng said in surprise, "Have you invited someone else?"
"Yes." Zhong Yi smiled slightly and said, "I also invited Xiao Tongzi, President of the Central News Agency."
"What, you invited President Xiao." Yu Feipeng said, "Ah, this is so rude. If we had known President Xiao, how could we eat first? We should wait for him to come together."
"It's okay." Zhong Yi shook his head and said, "President Xiao and I are old friends. We had a good cooperation during the Wuhan Battle back then. He was a very good person. He also told me before that he would come to Wangjiang Tower after dinner, so that we didn't have to wait, so let's eat first."
"Okay, uncle will listen to you!" Yu Feipeng nodded.
Yu Feipeng was really hungry. The chef in Wangjiang Tower was really good at cooking. He had already moved his index finger.
During the meal, Zhong Yi and Yu Feipeng ate for more than an hour. When they were full of wine, Xiao Tongzi finally rushed over. Yu Feipeng ordered the adjutant to remove the banquet and change to the tea.
After taking a sip of tea, Yu Feipeng said, "Zi Ren, now President Xiao is here too, you should have said that, right?"
Zhong Yi nodded and said, "Uncle Yu, and Lao Xiao, have you heard of the Ponzi scheme?"
"Ponzi scheme?" Yu Feipeng said, "What Ponzi scheme?"
Xiao Tongzi said: "I know this. I am talking about an Italian from Charles Ponzi who forged false information and made up a high-return investment product to lure others to invest. As long as there are people who are constantly chasing them, he can continue to use money to repay the customers he invested in in the early stage and maintain a good reputation. However, once there is no chasing them, his capital chain will be broken immediately, and then there will be a mess left."
"So that's it." Yu Feipeng was stunned, "That's it?"
"Yes, that's it." Zhong Yi nodded and said, "Uncle Yu, you can issue corporate bonds in the name of the China-Myanmar Transportation Administration, and you can set the bond return rate higher. In this way, those high-ranking officials and nobles in Chongqing who have spare money will definitely come to buy it. There is not too much idle funds accumulated in Chongqing at present. They are worried that there is no high-quality investment channel. Therefore, as long as the China-Myanmar Transportation Administration issues bonds, they will definitely rush to buy them."
Speaking of this, Zhong Yi continued: "And, this is not a Ponzi scheme. Ponzi's products are available in Ziwuxu and do not exist. However, Lao Uncle's China-Myanmar Transportation Administration is a real transportation company and can make profits, so the dividend returns of the bonds are also guaranteed."
"I understand." Yu Feipeng nodded, "Zi Ren, what you mean is to use the profitability of the China-Myanmar Transportation Administration as a guarantee, issue corporate bonds, and then borrow money to buy enough trucks from the United States, and at the same time improve the transportation of the Yunnan-Burma Highway. When the company makes a profit in the future, then pay dividends to customers?"
"That's what it means." Zhong Yi nodded and said again, "but not exactly."
"Is it true?" Yu Feipeng said in a daze, "Zi Ren, I've made you confused."
Xiao Tongzi knew a little bit of speculative theory and explained: "Lao Yu, Ziren means that for investors who do not pursue short-term speculative profits and only want to make some small money, that is what you said, but for speculators who pursue short-term speculative profits and want to make huge profits, this is not the case."
"I understand." Yu Feipeng said suddenly, "That is to say, this is not a simple borrowing. The corporate bonds issued by our China-Myanmar Transportation Bureau can be traded like stocks on stock exchanges. As long as you are optimistic about the market conditions of the China-Myanmar Transportation Bureau, you can buy them at a high price. If you hold the bonds in your hand and want to cash out, you can sell them to cash out. I understand right?"
"That's the reason," said Xiao Tongzi. "If you just issue simple corporate bonds, the return rate will definitely be very low. Most of the wealthy people in Chongqing will not be interested. However, if the corporate bond returns rate is set to be higher, there will be more people buying, and the bonds of China-Myanmar companies may be speculated to the sky."
Yu Feipeng said: "Then, how high is the return rate appropriate?"
"It's OK to set the height." Zhong Yi said with a smile, "but the timeline must be lengthened, otherwise it will be difficult to operate."
"Yes." Xiao Tongzi continued, "It is best to pay bond dividends once a year, or even once a year."
"It's time to settle every year, and it's time to raise the wait-and-see mood of speculators." Zhong Yi shook his head and said, "As for the specific rate of return, it's set it as one hundred percent of the annual rate of return!"
"One hundred percent?" Yu Feipeng said in a frightened voice, "Zi Ren, isn't it?"
A 100% return rate means that if he issues 10 million bonds, then in a year, in addition to repaying 10 million in debt, he will also have to pay 10 million in dividends. How can this be done?
"Uncle, what are you worried about?" Zhong Yi said sneeringly, "The China-Myanmar Transportation Administration will declare bankruptcy."
"Bankruptcy? What a joke." Yu Feipeng shook his head like a rattle, "Zi Ren, all the rich men in Chongqing are very good at hand. If my uncle really wants to blackmail their money, can they still spare me?"
"This time I want to blackmail their money!" Zhong Yi's eyes turned cold and he said in a deep voice, "In the face of national crisis, the people of China have exhausted all their wealth and even paid for their lives. Only these rich men still have money. Can't they use some money to make some contributions to the country and the nation?"
Afraid that Yu Feipeng was worried, Zhong Yi said again: "Of course, bankruptcy is just a casual talk. In fact, as long as the operation is done, it will not reach the point of bankruptcy. With Lao Xiao's help and spread a few news, you can smash the return of the company's bonds into the ground. Then you can buy back the bonds at a low price."
Yu Feipeng's eyes lit up and said, "Can we still operate like this?"
If you can reasonably and legally blackmail the money from those rich men, Yu Feipeng will not be afraid.
No matter what, Yu Feipeng is also a confidant of the principal. As long as the reason is not bad, I am afraid that they will be a bird!
Chapter completed!