Rebirth of Hong Kong 1981

   Chapter 643 20% APR

   I don't blame him for being so excited, the main thing is that Yang Chen's 20% annual interest rate is too unexpected.

  Don't underestimate the 20% annual interest rate.

   Based on the principal of 10 billion, the annual interest rate is 20%, and the interest alone will cost 2 billion a year.

  2 billion, you must know that this is pure profit, and you don’t take any risks. You can make a net profit of 2 billion by lying in bed for a year.

   has multiplied several times in ten years. Where can we find such a beautiful thing in the world?

   There are very few companies in the world that can achieve an annual net profit of 20%. Companies that can achieve such returns are absolutely high-quality companies, and as long as high-quality companies, their stocks are difficult for ordinary people to buy.

  In recent years, because of oil exploration in Saudi Arabia, many people have a lot of money in their hands. In order not to depreciate the dollar in their hands, they can only learn to invest.

   However, because of ignorance and human greed, some of the investments have lost the bottom line.

   The deceived are no longer in the minority.

   Maybe Yang Chen's 20% annual interest rate is not as profitable as those stocks that can easily double or tens of times, but don't forget, the stock market is risky, and if there is a stock market crash, there is a danger of bankruptcy.

  Compared with ordinary people, most people with identity and vision like Hasal tend to choose the option of preserving value.

   For the real rich, they do not need to multiply their wealth in a short period of time. They only hope that their wealth will not be affected by currency depreciation, and their wealth will not shrink.

   How much profit there is, how much risk you have to take.

   Compared with other investments, the risk on Yang Chen's side is obviously much smaller.

  Yang Chen became the richest man in China at the age of less than 20 years old. No one knows how successful such a person will be in the future.

   However, since the other party has achieved such results in just one year, no one will doubt his ability to make money.

   As for whether Yang Chen is here to cheat money, Hassar doesn’t have to worry. Once he spreads the news, the person who is immediately interested will definitely be the Saudi royal family.

  The Saudi royal family represents the entire Saudi government, and the country behind Saudi Arabia is the United States, one of the world's two strongest powers. If Yang Chen dares to cheat their money, it will not be better no matter where he goes.

  The more successful a businessman is, the more he needs to be honest.

  Hasar doesn't believe that Yang Chen will be so short-sighted

  Yang Chen shrugged: "Of course, I don't need to lie to you about this kind of thing, as long as you can help me get a loan."

   Hearing Yang Chen's answer, Hasal patted his chest and assured: "There is no problem with the loan, I will go to my uncle tomorrow, I believe he will definitely not refuse you."

   Now, the entire Saudi power is almost controlled by his uncle, the new brother of the current king. His father can no longer handle government affairs normally, and all power in Saudi Arabia has begun to slowly transfer.

   For things like this, he can only go to his uncle who is about to inherit the throne of the king, and it is up to the other party to decide.

  The reason why he dared to pat his chest to assure is mainly because Saudi Arabia is really not short of money during this period. The royal family holds a lot of US dollars in their hands. Affected by the devaluation of the US dollar, their wealth has been shrinking.

   Just solving the problem of cash on hand every year gives a lot of headaches to a group of bigwigs in the Saudi royal family.

   Now that Yang Chen has delivered it himself, there is no reason to miss it.

  Hasar blinked and asked: "This time, you shouldn't limit the upper limit!"

  If Yang Chen imposes any restrictions and the amount is too small, the 20% annual interest rate, in his opinion, is optional.

   After all, the wealth of the Saudi royal family is not comparable to that of a little prince, and without enough benefits, he cannot impress any of his uncles.

   "No" Yang Chen said lightly.

   When he said this, it was not unreasonable indulgence,

  Because he doesn't believe in the Saudi royal family at all, he will deposit tens of billions, hundreds of billions of dollars in fixed deposits in his bank at one time, even if those people are more optimistic about him, it is impossible to save that much.

   The sky is the limit, at most 10 to 20 billion US dollars.

   Of course, no matter how much he saves, as long as he can bring profits to the Saudi royal family, it will be of great help for him to enter the Saudi market in the future.

  The development of Saudi Arabia in later generations is obvious to all. Relying on the interests of oil, the entire country has been developed abruptly.

   In a rich country with a population of more than 30 million, the business opportunities in this country should not be underestimated. Let alone other things, here, just selling mineral water can make a lot of money.

   What's more, he also has a supermarket, as long as he can come in, not to mention the unified Saudi retail industry, he can at least occupy part of the market.

  The mainstay of Saudi Arabia's economy is oil. Even if the retail industry is monopolized, it will not have much impact. In this era, as long as there is money, nothing can be bought.

   Of course, no matter how the retail industry develops here, it can’t compare with black gold oil, let alone extract it instead.

  The petrodollar is not just talking about it, with the entire US imperialist behind it, Saudi oil is the US dollar, and the green banknotes are used all over the world.

   As for Saudi Arabia's oil resources, Yang Chen has never thought about it at all, how dangerous it is to grab food from the mouth of a lion and a tiger.

  Don't think about it, Yang Chen knows what will happen.

   Since the 1930s, Saudi Arabia's oil resources have been monopolized by American oil companies, Saudi Aramco, formerly known as Standard Oil of California.

  In 1948, Exxon Corporation and Mehan Corporation of the United States joined the company and joined the four American oil companies Chevron (Standard Oil, California) and Texaco to control Saudi oil resources.

   For decades, the United States has used oil to flow dollars to the world through Saudi Arabia and other Middle Eastern countries.

   It was not until the 60 years that the petrodollar program was successful that the Saudi government began to compete with the four major American oil companies, and the competition continued until the oil crisis broke out in the 1970s.

   It was not until the 1980s that the Saudi government really gained control of Saudi Aramco. However, even if Saudi Arabia obtained all the shares of the oil company, the crude oil sales channels were still in the hands of the four major American oil companies.

   After more than ten years of open and secret battles between the two sides, they have now formed a win-win situation.

   He has small arms and calves, but he can't handle Uncle Sam and the camel dealer. No matter how good the oil is, he doesn't dare to think about it.

Even if he thinks about it, it is useless. The Saudi government will not give him a chance at all. The entire Saudi government relies on underground oil for 80% of its revenue. The Saudi government has raised a wolf earlier, and now it has finally driven the wolf out. , how could it be possible to bring in another one.

  Thinking about it is nothing, just earn some tea money honestly.

  ——

   (end of this chapter)