Let me tell you a romantic story to help you understand how chaotic the financial world is.
There was a woman in ancient times. One day, she met a scholar who was going to Beijing to take an imperial examination and came to take shelter from the rain. She found the scholar very talented and was attracted by him. That night, the two of them spent a night together.
The next day, before the scholar left, the woman wiped her tears and said, "Sir, if you pass the exam, please don't let me down."
After the young master swore a solemn oath, he left.
The woman asked her maid to write down the scholar's name in a small notebook. This was the 80th one.
The woman sighed and said, "There has to be someone who passes the exam!"
This is called #venturecapital.
The scholar also asked the servant to write down the woman's name, "This is the 100th one!"
This is called #融资
The boy asked the scholar, "We left home four years ago and have met 100 women. Why haven't we gone to Beijing to take the exam yet?"
The scholar said: "Isn't it for money and women that one takes the imperial examination and becomes an official?
Now I have 100 women, why should I take the test? "This is called #泡沫
The maid took out another small notebook and wrote down the name of the 80th servant. This is called following the investment.
The servant boy recalled the taste of the 100th maid, weighed his own purse, and followed the steps of the young master. This is called an "investment and financing platform."
The scholar took out one-third of his own silver and gave it to his servant boy, asking him to go to the casino to bet that he would not pass the exam. This is called "hedging."
Later, the scholar was favored by the princess. He did not need to take any exams and was directly recruited as a royal consort. This is called "going public"!
But the scholar had no way to fulfill the promises made to the 100 girls. All the women lost their investment. This is called "P to P".
When the women learned that the scholar had become successful, they thought that they had lost all their initial investment, so they went to beat drums to protest. This is called "protecting rights."
When the emperor knew about this, he was very angry and ordered the scholar to be beheaded. This is called "delisting."
Just as the execution was about to start at noon, the eunuch on horseback rushed to the execution ground and said, "Spare his life." It turned out that the scholar's mother was Xia Yuhe, who lived by the Daming River. The scholar was pardoned, which was called "saving the market."
Then the emperor issued an imperial decree to take those 100 women as concubines. It was a show of imperial favor. This is called "debt-to-equity swap."
But if one woman contracts a virus and causes everyone to become infected, this is called "systemic risk."
The scholar quickly went to the imperial physician to check if he was sick. He found out that he was not sick and it was a false alarm. However, in order to reduce future risks, he had no choice but to find a lady from a wealthy family. This is called "deleveraging."
Later, these concubines felt that the scholars were useless, so they started looking for the next prince consort. This is called the "angel wheel."
How many romantic stories in the financial circle have you heard? See you in debt! 😅
