"Secondly, the kind of risk hedging insurance you mentioned is not a perfect solution. It's a way for some financial personnel to stimulate spending during holidays by loosening monetary policy, while the insurance industry also makes money, just like flipping credit cards. It will eventually cause problems."
"Third, Wall Street is not just Wall Street, but also a continuation of some kind of tentacles. International financial investment is highly directional. These people are real beasts. They are ruthless to outsiders and even more ruthless to their own people. Also, we need to be more careful about some overseas investments. Making money is fine, but we can't let others invade our homes."
"If we talk about finance, and only talk about finance, it's like a game of musical chairs, or stock speculation. The foundation of finance is the real economy. The stronger the foundation, the less the company itself really cares about stock prices, because they will always rise back up. What is the foundation of those companies on Wall Street? It's their unparalleled military strength. Is that strong enough? It's extremely strong."
"Wall Street's low-threshold, high-yield financial products—stocks, funds, junk stocks, wealth management packages, and even insurance—these people have all sorts of strange ways of playing the game. You see how fancy they are now, but it's only a matter of time before something goes wrong. You might think, 'If something goes wrong, they'll just go bankrupt, right?'"
"They won't go bankrupt. It's precisely because they know they won't go bankrupt that they dare to give money to homeless people. What do they do when they can't digest such a huge mess of debt internally? They dump it on the world, issue debt, cause global exchange rate fluctuations, or directly pick a fight with a country and manipulate oil or something."
"This is how Wall Street operates internally, creating short-term prosperity and making many people rich overnight. But what about externally? What do these companies follow? They follow manufacturing. Wherever there is industrial manufacturing, that's where they are, because countries with industrial manufacturing are gold mines, not only in industry, but also in areas such as international bulk trade, currency exchange rates, technology intellectual property, and control of banks."
“These things are the global arteries. Of course, there are also companies or markets that they can’t conquer. What can we do? Don’t forget which country they are from. The rise of the Four Asian Tigers devoured Japan. The outflow of industries caused their prosperity. These places are too small. I think the next destination of global finance is us.”
The room was quiet. Lu Feng systematically explained the workings of Wall Street in very simple terms. He said that to talk about a country's finance, it is the most superficial approach to just look at the stock market and funds.
This includes aspects such as industrial chains, infrastructure construction, national autonomy, military strength, independent intellectual property rights, global reserve ratio of currency, and international banks.
Jiao Enfan's account was more like a travelogue, filled with pride and joy about the trip. He seemed completely ignorant about in-depth questions about the tourist destination. Lu Feng, on the other hand, delivered a thesis-like presentation, packed with valuable information.
Zhang Fengxia's pupils dilated as she looked at Lu Feng on the stage, who spoke calmly, with some disbelief. Didn't he say he hadn't received much education? How could he know so much?
Not to mention her, even people like Liu Cheng were shocked by this side of Lu Feng.
Jiang Wanmeng stood not far away, watching Lu Feng. He had a friend who held a high-ranking position on Wall Street, and he had heard some of what Lu Feng had said. He took a deep breath and said with slight shock, "At such a young age, with such insight, this boy is definitely not someone to be underestimated!"
Lu Feng watched as everyone slowly put down their microphones. The faces of everyone present were filled with astonishment. Only Jiao Enfan looked somewhat unconvinced, but he didn't know how to refute it. He... he didn't understand what Lu Feng was saying.
"That's all for Wall Street. It's getting late, and I have to go back. As for the conversation with Mr. Jiao, there's no need to argue. Everyone can express their opinions. However, I still want to make a prediction: his company won't survive for a year, regardless of whether it's positioned as a high-end or low-end company. I'm here today for another reason: to tell everyone here, are you ready for a price war? You state-owned enterprises are living too comfortably."
After Lu Feng finished speaking, he stood up, not even glancing at Chang Wanteng and Jiao Enfan behind him, and said to everyone, "Gentlemen, the business world is like a battlefield. We'll meet on the battlefield. Remember, my name is Lu Feng, and I have plenty of money."
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