PPP WAS ALREADY A POPULAR FINANCIAL METHOD IN POOR COUNTRIES
HIGH YIELD INVESTMENT IS NOT A NEW INVENTION OF A SELECTED GROUP OF HIGHEST BANKERS BUT THIS WAS A POPULAR METHOD PRACTISED IN THE CORNER OF A VEGETABLE MARKET LONG TIME AGO IN POOR COUNTRIES.
This history of High Yield Investment Program is real. Readers can ask for confimation from any Vietnamese people who knew the Ben Thanh Market in Saigon. This is the history of Mr. Cha Gia (from India or Pakistan) who lends cash to poor women buying and selling vegetables in this Market.
The Banker Cha Gia
This Banker has small capital, for example $100. In Ben Thanh Market, there are very poor women who have to take care alone of her 4 childern after the death of her husband in the Vietnam War. They sell soups along the roads or vegetables in the Market early in the morning. These poor women have no capital al all. The Banker Cha Gia know thevery well and personally.
This Banker comes every day to a conrner of the Market. In te mornning, he lends $100 to a woman who sells vegetables. At noon, this woman returns $100 to him, plus $5 interest. In the afternoon, he lends the same amount $100 to otherw woman who sells soups along the roads. About 18:00 h this woman returns to him the cpaital $100 plus $5 of interest.
The Banker Cha Gia carries out 2 lendin operations per day. His net profit is $10 per day. If he works 5 days (5 banking days) per week, his profit is $50 per week, i.e. he takes 50% per week.
For a regular PPP, the Trader carries out trading operations during 40 weeks. For our Banker Cha Gia, during 40 weeks per year, his profit per year will be:
$50 X 40 weeks = $2´000.00
It means that our Banker Cha Gia can obtain a Profit of 2´000 % per year. That is really the High Yield Investment Program (PPP) of our Banker Cha Gia.
If you go to Banks, for example UBS, DEUTSCHE BANK, CITIBANK, BANK OF AMERICA... and you ask their Junior Bankers if they can give you a Profit 50% per year, they will declare inmediately that it is impossible!!!
But the above example of our Banker Cha Gia shows really that the realization of 2000% profit is possible.