12month5日, Dr. Ma Yi, a law school teacher at the law school101The lecture hall gave an academic report entitled "The Causes of the Subprime Mortgage Crisis and Its Impact on China"。Dr. Ma Yi discussed this issue from five aspects。
1. Bet365 sportsbook review and securitization
Dr. Ma Yi first introduced the origin of Bet365 sportsbook review in a simple and easy-to-understand manner。Point out，at1262Venice will launch a war against Genoa，Achieve certain political and economic goals through war，This faces the problem of military supplies，In the absence of military spending，Mandatory borrowing from citizens，But the profits obtained after the war are not paid in one lump sum，It is difficult to pay one-time payment，Just make a certain mortgage。The city government has a stable cash flow, namely taxes，Package debt，Use the government’s revenue as collateral for the money borrowed by the government，Securitize，Bet365 sportsbook reviewGive a certain interest。1262year，Venice issued this bond，Use government revenue as collateral for the money owed by the government，Sold to citizens in Bet365 sportsbook review bonds，Later this form was widely used，Extended development，Generated in Bet365 sportsbook review cash flow plus securities。
Contemporary America,1980Loans before 16376_16392，Per capita savings rate10%，2001Year Only1%，2006When the subprime mortgage crisis broke out, the savings rate was-0.4%，In other words, American banks have no money，But make money in other ways。Savings through securitization，Become a source for Bet365 sportsbook review loans，last century90The United States developed the form of securitization in the 1990s。The lender negotiates with Bet365 sportsbook review，Bet365 sportsbook review directly negotiates with investors。Bet365 sportsbook review issues the loan in the form of bonds，The interest on the loan was given to the investors。The loan generates a competitive interest rate，Everyone is his own bank，Everyone becomes his own savings Bet365 Online Live Dealerinstitution，The operation speed of the financial system of the entire economic chain will be accelerated
