Today happened to be the time when the Los Angeles Storm came to New York to play against the Brooklyn Nets. Feng Yu stopped by to watch a game to relax his nerves.
In the team's locker room before the game started, Feng Yu came over to see the team's recent situation. This year, several of the team's main players have been injured, which has given these Chinese players many opportunities to play.
Before entering, Arenas was chatting with Martin and said that several of his friends were unemployed. I was working in a bank at the beginning. It was considered a good job, with high salary and not too tiring.
But I didn't expect that last year's subprime mortgage crisis would be so serious, and American banking institutions began to lay off employees.
Martin said that several of his friends were in the worse situation. They worked at AT&T, but due to the financial crisis and the rise of the mobile phone business, the number of customers installing traditional phones dropped sharply, causing their income to drop sharply and they had to start laying off employees.
Billups, who was wearing a suit, said that this was a good thing for them. He had friends who worked at Tongyang Automobile, which is probably the largest car company in the world. As a result, it was also laying off large-scale layoffs.
While they were talking, they saw Feng Yu coming in and hurriedly stood up to say hello. Speaking of which, their playing salary may not be as high as other teams, but they have more advertising endorsements and so on, which makes them make a lot of money.
Several times other teams came to poach people, but they were unwilling to leave unless the team took the initiative to trade.
Paul Allen once complained to the league that the Storm Team was shady and there was no reason for so many All-Star players to be on the same team. But he forgot that in order to fight against the Wind and Rain team, he had organized the Big Five, and even the sixth man was a star player with an annual salary of tens of millions.
Moreover, it is not uncommon for players in the league to take the initiative to cut their salaries in order to compete for championships. Besides, many fans like to watch the current confrontation between New York and Los Angeles, not to mention that it has opened up the Chinese and Russian markets for the league.
"This is an Olympic year, Karl. Players cannot be injured. Even if you cannot enter the finals this year, it doesn't matter. At the end of the season, it will be the same as the previous two years. I will organize some people to be the sparring partners of the Chinese team. I will not treat you unfairly with your salary. By the way, I will also pay you back." You can go to China to watch the Olympic Games."
These players are very happy to go to China. Going there means that they can not only play but also make money. Their popularity in China is very high.
Even everyone in the team can speak a few simple Chinese sentences. Who has so many Chinese players in the team
There were several black players among them, and they had to spend more money to take care of their friends. Especially this year, the situation is not good. Many of their relatives and friends are unemployed, and they also need to work harder to make money.
Most of these players have low academic qualifications. They can't understand why the U.S. economy suddenly deteriorated and why so many people are unemployed
In their view, when the economic situation is bad, shouldn't more people take out loans to tide over the difficulties? It is said that banks should need more talents, so why do banks lay off the most people
"Mr. Feng, my agent told me that it is best not to invest in stocks recently. He said that the US stock market will continue to fall. Is this true?" Pierce suddenly asked.
Feng Yu smiled: "That's right, your agent didn't lie to you. Don't look at the U.S. stock market that seems to be rebounding in the past few days. It's all an illusion."
Pierce grimaced. His salary was not low, and was the highest in the team. Although it was only 13 million US dollars, it was not as good as his big brother from other teams. But he has a lot of advertising endorsements, which is enough to put his income at the forefront of all players.
But he knows very well that many players go bankrupt soon after retiring because they don't know how to manage money.
Feng Yu once told them that he wanted them to learn financial management and not just enjoy themselves after making too much money. A life of bankruptcy was definitely not what they had imagined.
In the past, Pierce would give some money to his broker to invest in stocks. At that time, almost everything he bought in the U.S. stock market rose. But starting in the second half of last year, the situation suddenly took a turn for the worse. The stock market dropped from a high of 14,000 points to as low as 11,000 points now.
Pierce really doesn't know what to invest in. Is this money stored in the bank? But his bank friend told him that depositing money in the bank means depreciation. Has the dollar been falling
Feng Yu looked at several other players looking at him, including Dayao and other Chinese players.
"Well, let me give you a little suggestion. There is also a branch of Fengyu Consulting here in the United States. You can invest your money in Fengyu Consulting. I think most of you have reached the minimum threshold of one million US dollars, right? "
"Fengyu Consulting's rate of return will not disappoint you. Although it won't make you rich, it will definitely allow your asset growth to easily outperform the market."
Feng Yu doesn't mind giving these players some opportunities to make money. These players have also contributed a lot to the team, allowing the Los Angeles Storm to make a profit every year, which is not easy in itself.
What's more, the money spent by the team has already been earned back. Not to mention, the value of the team has also increased tenfold! Coupled with some advertising effects, etc., Feng Yu made too much.
The salaries of some Chinese players are not high, and they have to pay taxes in the United States, taxes in China, training fees, and money sent to their families, so they took out one million US dollars at once. Very difficult.
Seeing those few Chinese players who wanted to invest but were a little embarrassed, Feng Yu pointed out: "You can pool your money together. Just raise more than one million US dollars. Sign the agreement in advance to avoid disputes. Or you can invest domestically." , Taihua Consulting is also good, one million RMB is enough there.”
Before coming in, Feng Yu heard what they said about unemployment in the United States becoming more and more serious, and Feng Yu had been paying attention to it.
At this time, the top companies in terms of layoffs in the United States are the banking and automobile industries, followed by the real estate industry and the express delivery industry.
The bank is suffering from serious losses. It used to require many salesmen to handle business, but now it doesn’t have that much business at all. Why does it still support so many people
Giving a compensation is the best choice for the company to lose weight. The automobile industry is even simpler. Layoffs can save some expenses such as pensions and medical insurance. Those expenses are much higher than the compensation for layoffs.
As for the real estate industry's lagging ranking, that is because the real estate industry already laid off a large number of employees last year, and naturally there will be much fewer layoffs this year.
The same is true for the express delivery industry. Fewer people are shopping, trade is reduced, and logistics development is naturally declining. The value of personnel in the express delivery industry is not high. Are they non-technical talents? The salary and social security of couriers are also the company's biggest expenses. Layoffs It can help them tide over the difficulties.
The top banks have laid off more than 10,000 people, and according to analysis, this layoff will not end. Laying off 10,000 people is simply not enough for many banks. The unemployment wave in the United States will become more and more serious.
"Okay, let's go play ball and protect yourself."
Even though the economic situation is so bad, the arena in Brooklyn is still full. However, Feng Yu discovered that the advertisements of several car companies on the sidelines have been replaced. In order to save expenses, those car companies have begun to save even this little money.
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