Gamblers deserve to die

"Rather than saying this is a sieve to filter out laymen, it would be more appropriate to call it an IQ and capability identifier.

Because anyone with a normal IQ and even a modicum of experience or respect for financial investment would realize there's a massive problem here.

Only those ignorant and greedy fools would fall for it, but in truth, wealthy fools are everywhere in America."

This design follows the same logic as phone scams in Huaxia, except this scam started earlier, excluding smart people right from the beginning.

What would be the reaction of a normal person with a functioning brain when they pick up the phone and hear someone claiming to be from a bank, police station, tax bureau, or telecommunications company, speaking Mandarin with a thick regional accent?

A normal person with a functioning brain would realize it's a scam call and hang up immediately, rarely bothering to listen to the person on the other end keep blathering.

But idiots and fools are different; perhaps they once had doubts and worries, but some of them truly believe it and then transfer the money to the scammers.

That thick regional accent is a screening mechanism, causing normal people to take the initiative to hang up at the start rather than continuing to waste time on them.

Spending precious time as much as possible on idiots is because these people are much more likely to be scammed than smart people; time cost is also a very expensive cost.

Using more time to weave a more credible scam story for more idiots, increasing the base of idiots who can enter the final hunting process within a limited time—that is the purpose of setting up a screening mechanism.

As soon as Wang Xiuyuan said this, Renoson and Sanchez's faces turned beet red; except for their noses which remained white, everything else was red, even bordering on purple.

Mars didn't have so many scruples; he was already clutching his stomach and laughing there.

"Wang, keep going, don't stop, keep going~

How do these companies operate after borrowing the money? I have a very strong premonition that there must be many more jaw-dropping stories inside."

Wang Xiuyuan couldn't help but give Mars a thumbs up because that was exactly the case.

"Others issue these kinds of bonds purely to fleece money; there's basically only one type of person who can be scammed, and that's the 'more money than brains' idiot.

Because people with capability, resources, and background have already self-screened and excluded themselves.

People who buy these high-interest bonds will, without fail, either quietly wait for the annual interest to arrive or suddenly fall into a frenzy upon hearing the news that their principal has vanished.

These people don't even have the ability to investigate a company's actual operating conditions; what ability or means do they have to get their principal back?

So this setup is actually a form of protection for the borrower."

At this point, Renoson was prepared to speak up in defense, but Wang Xiuyuan didn't give him the chance, stuffing the words right back down his throat.

"Don't you dare bring up your wealthy friends. If I'm not mistaken, the friends you speak of are either failures like yourselves who aren't qualified to participate in the family business, or socialite wives who serve as mascots.

These two types of people are the easiest to scam."

"Alright, it really is so." Renoson hung his head in dejection, looking like a pathetic stray dog.

"When these enterprises borrow money, there are only a few scenarios. When they first get the money, they will definitely give it their all and try to save the company.

The length of their effort depends entirely on the company's operating conditions, but most won't exceed three years; the high interest will quickly make the company's operators face reality.

So at this time, the company's operators and managers will do one thing, which is to use various forms of business cooperation to legally drain the money from the company's accounts.

Moreover, this kind of business cooperation can withstand investigation. No matter who checks, this will be the result. Unless they proactively expose themselves and hand over evidence, there's nothing anyone can do to them.

Not only that, the operators and management team of such a company will usually continue to issue these high-interest bonds. As long as they can borrow, they'll keep borrowing, rolling this debt snowball larger and larger.

The company is going to collapse sooner or later anyway; borrowing more or less is still borrowing. The more they borrow, the more money they get to split among themselves.

The money is theirs, the debt belongs to the company. What the hell does the company's bankruptcy have to do with the boss and the management team?

So from time to time, we hear news of a well-known large enterprise suddenly collapsing due to poor management.

It's not a sudden collapse.

Perhaps as early as a few years ago, this company had already planted a seed named death for itself.

This kind of high-interest bond investment is essentially a form of gambling; you are betting that this company can live a long life.

You are coveting the high interest others promised, while others are eyeing your principal.

All investment behaviors are different forms of gambling. Our lives themselves are one giant gamble. As long as you participate, you must be willing to accept the loss.

So remember one thing at all times: anyone who fails in an investment does not deserve sympathy.

Because essentially, they are Gambling Dogs, and Gambling Dogs deserve to die."

"Hahaha, Reynoldson Rockefeller, Sanchez Roosevelt, I only just realized today that you two are 'Gambling Dogs' who deserve to die. You're killing me."

Mars almost died laughing at Wang Xiuyuan's words. After all, the artistic level of Wang Xiuyuan's speech just now was extremely high—at least three stories high.

Renoson and Sanchez, having been ridiculed, performed a vivid face-changing act. Their complexions went from white to red, then red to purple, and finally from purple back to white. They slumped onto the sofa as if their very spirits had been drained.

There was no helping it; this kind of thing was simply too embarrassing.

If no one knew, it would just be losing some money at most. But now that someone knew, their 'face' could only be sold by the pound.

It just so happened that what these Second-generation rich cared about most was face.

"When all is said and done, you two are just too lazy to use your brains. I already told you at the nightclub last time.

The fastest and most effective way to do something is to find someone with successful experience in that field to help you. Doesn't Devik Morgan's family make their fortune in finance?

He and the large group of professionals behind him are right there. Is it that hard for you to just go and consult him if you want to invest in bonds?

A professional is right there waiting for you. With your relationship, he could have easily checked this small matter for you for free.

But you just had to go and ask those idle rich kids and socialite ladies. Were your heads kicked in by the family's Thoroughbreds?"

Wang Xiuyuan didn't care how ugly Renoson and Sanchez's expressions were; he was going to roast them to death right now. Otherwise, these two idiots still wouldn't realize how important he was to them.

(Brothers, it's not easy to make a living writing books. It's hard for everyone to make money now, so I don't have the face to ask for paid gifts. Just a wave of free stuff will do. Thanks, brothers.)

(A wave of free bookmarks, follows, recommendation votes, and monthly tickets. Thanks for the support, brothers.)