Ju An chewed the lunch in his hand, turned away from the Western view, and turned around to see that this young man was actually reading a professional book, unlike many of the topless girls on the lawn who were reading casual books, and were reading n?
"Principles of Economics" by Gregory Mankiw. Don't think that Ju An knew who Mankiw was. Ju An only knew it was a textbook when he saw the name on the cover of the book.
Seeing the young man reading the book seriously, frowning and thinking from time to time, Ju An sighed in his heart, this is much better than when his brother was in college. At that time, besides reading novels and reading textbooks, he was so devoted.
The course is less than three days away from the exam.
Foreman saw Ju An staring at the book in his hand in a daze, and smiled and said to Ju An: "You also like Professor Mankiw's economics?".
"I don't know much about economics. I'm just a small rancher who usually herds cattle, so I don't need these things," Ju An said to Forman with a smile.
After hearing what Ju An said, Forman asked: "An, so you are a rancher? Then you don't have to worry about learning these things." When he heard that Ju An was a rancher, Forman knew that Ju An was definitely rich.
He shook the book in his hand and said to Ju An, "I can't do that! Now I have a loan from Sha Nimei when I go to college. I will graduate soon and I don't know if I will have a job. The economy is so sluggish now.
The pressure of finding a job
It’s too big. For an ordinary school like ours, you will be unemployed after graduation. Sha Ni Mei doesn’t care whether you are unemployed or not. A brother I know graduated last year and earned just enough salary to live on. In addition to
There was very little left for rent and living expenses. Sha Nimei made eight calls a day. When he couldn't get through, he called his parents directly. He wanted to apply for an extension, but they laughed at them and almost made him sell his blood to pay off the debt."
.
Ju An knew about the organization Sha Ni Mei, but he heard it from Liu Chao. At that time, Liu Chao said that this organization was called Kill Your Sister, which is very cruel. This is an organization that provides loans to college students across the United States. To put it simply, you are not without
Do you want to pay for college? Well, I can give you a loan and you can pay it back with your salary after graduation. To be honest, it is like paying in installments when buying a house in China.
But now that the economy is in recession and jobs are hard to find, this Sanimei has largely become a professional debt collection company. And this company is also very funny. Eight calls a day is the maximum limit, and the bank can make up to eight calls a day.
If you make a phone call to the debtor, if you make more phone calls, it will be harassment and you will be sued. If you make less calls, it will not have a good debt collection effect. American higher education used to be called the incubator of the American middle class. Now due to economic problems, it has increased.
Shangmei
There is a lack of funds for higher education in the country, and the role of higher education in regulating social class mobility in the United States has gradually faded. It goes without saying that a person who is born poor can jump to the middle class in the United States as long as he works hard and receives higher education.
If you move down the middle class, you may have better development if you continue to study. But now this thing is about to fail. American college tuition fees are rising every year, making it almost unbearable for middle-class families in the United States, let alone the poor.
Of course, for a rich man like Ju An, the tuition of tens of thousands of dollars a year is really a drop in the bucket. This has created a phenomenon. The children of the rich can receive higher education no matter what, while the children of the poor can quickly
If you are unable to receive an education that is enough to change your current living situation, don’t underestimate this. This mechanism is one of the foundations of the American dream. Americans also know that knowledge changes destiny, and their understanding is much deeper.
Thinking of this, Ju An said to Foreman: "Didn't the two Houses of Representatives propose the Student Loan Fairness Act? How is it being promoted now?" Ju An didn't know about this thing only after watching the news, but
You know it by looking at your own email. As soon as you open your email here in the United States, you will receive a lot of begging emails from some political organizations or other issues.
Members of the Communist Party of China send emails to tell you their political opinions. If you agree with them, you can make a donation. They all come with a capital account, and the donation is not much. Just a few US dollars is enough, regardless of how many US dollars a person has.
When there are enough people, they can shake the White House. This is the American long tail theory. In fact, to use an old Chinese saying, it means gathering sand to form a tower.
Two Houses of Representatives proposed this bill, which is simply the 10-10 rule. Under the current economic conditions, college students only need 10% of their disposable income in the ten years after graduation.
From now on, the loan will be written off no matter how much is left. We are now soliciting everyone's support. The first to suffer when this bill is passed is the bank. As for whether it can be passed by the House of Representatives and the Senate, it will finally be handed over to the president for signature. Now
I don’t know yet, but it has a great response among college students.
Forman shook his head and said: "It's still being pushed forward, and I don't know what the specific results will be! But so what if this bill is passed? If the economy is in recession, you still can't find a good job. When you graduate, you can find a fourth-year job.
I'll be satisfied with ten thousand dollars a year's work." Foreman looked at the book in his hand and smiled bitterly. Then he continued to follow Ju An and said, "Even now that I have
If you want to have a good job and maintain a good standard of living after retirement, you must have at least two million US dollars in property at your disposal. This means that your investment income must reach two million US dollars in a few decades to ensure your future life.
The standard has not dropped, so I took a look at this and wanted to learn investment. After graduation, I can save part of my income and invest in stocks."
Poor American [***] girl, Ju An sighed inwardly. In the past, tuition loans in the United States were linked together. Students took out loans to complete their studies, then repaid the loans after graduation, and the repaid loans were used again.
to pay the tuition fees of subsequent students, thus forming a cycle. Now the economic crisis has completely broken this chain. Now some politicians in the United States have realized this and have proposed that bill. These policies
Government officials realize that they cannot pass on the economic crisis to the younger generation, which will lead to the decline of social morality. The seniors will continue to squeeze the younger generations, which will lead to the reverse elimination of American talents. In short, the rich will become richer, and the poor will become poorer. This situation
It has threatened the very foundation of the United States. What is the American dream? The American dream is that you can change your own destiny as long as you work hard. An African-American can be the president of the United States. This is the American dream.
While having lunch, I met an American [***] wire. Ju An said to Forman: "Then how do you plan to distribute your future income? Just buy stocks? This thing is too volatile. In fact, I suggest
It would be a good idea to buy land." Ju An has a natural fear of stocks. He just graduated recently.
, I finally saved seven or eight thousand yuan, and then happily bought a stock. Who knew that within a month or two, my pants were almost stripped off by the stock market. Now Ju An only has two stocks on hand, Wells Fargo Bank.
and the stocks of Liu Chao's software company. For Ju An, there is nothing better than investing in land insurance now.
"The return time of land is too long, and the amount of funds required is too large." After hearing Ju An's words, Forman shook his head and said: "I decided to invest 80% of my savings in stocks and 20% in the future.
It is used for bonds, so now I am taking advantage of the time to read some economic books." After speaking, he shook the book in his hand.
Since the building was hit by a plane, Americans have learned to save money, but the way they save money is also strange. Most of them like to invest in the stock market, but they don’t care much about gold. Buffett said that gold
It’s a rooster that can’t lay eggs, which means there’s nothing to make money from investing in gold. This comrade has confused a group of young people, but not all Americans like to invest in stocks. Some people like to save money in banks just like the Chinese.
, I think I am relatively talented at saving money.
After chatting with this American [***] girl for a while, Ju An threw the food box into the trash can next to him. Forman continued to read the book. Ju An also looked around boredly. Anyway, there was nothing wrong with going back to the hotel.
After looking at things for a while, I was about to squat on a chair under the shade of a small tree and take a good nap. At this time, Forman's girlfriend came over, just topless, without any sign of embarrassment.
I took my bag, changed my book, and went to lie on the lawn with my friends again.
Ju An moved his body and saw Foreman's girlfriend's bag turned over, with a shiny sign on it, g?a?2m! He said to Foreman: "Your girlfriend's bag
Not bad, very expensive." Ju An was a little stunned as soon as he finished saying this. This brand is his own, and this bag is definitely not produced by his own company. The leather is different, whether it is white cow leather or gray cow leather, it is very soft.
Cowhide is thicker, and this cowhide looks hard.
"My girlfriend liked the imitation and bought one. The original was too expensive. This brand is not like other brands. It is produced in China. The smuggled goods and genuine products come from the same company. The production of this brand is in
The unique cowhide used near New York is difficult to imitate," Forman said with a smile to Ju An.
Damn it, after sitting in the park for a while, I met a man carrying a counterfeit brand from his own clothing company. I'm really lucky. He smiled at Foreman and asked, "Buy these counterfeit brands here."
Very easy?".
Foreman smiled and said, "It seems you don't spend much time in New York, right?".
Ju An nodded: "My ranch is in the west. I came to New York this time because of something. Actually, I am not very familiar with this place."
"Now the area around Canal Street has become a center for counterfeit goods. Some congressmen have lamented that New York is the piracy capital of the world," Foreman explained jokingly to Ju An.
When Ju An heard that he had nothing to do in the afternoon anyway, he might as well go shopping in the counterfeit goods market in New York. Beating the children on a rainy day would be idle time. By then, when Americans were protesting against the poor protection of intellectual property rights, they could also go shopping in New York.
I chuckled in my heart to entertain myself. Even if I don’t have time to laugh, it’s just like visiting a small commodity mall in China.