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- Lee Jae-hwan and his cabinet members discussed for nearly an hour, but they could not come up with a better solution to the financial crisis.
Minister of Finance Zhao Hengji said: "We are short of time now, and the financial crisis is imminent. Even if major consortiums come to rescue the market, it will take time to raise funds. If we do not enter the market tomorrow to rescue the market, with a large amount of hot money from international speculators entering the market, , Our foreign exchange reserves are equivalent to being thrown into the sea, and there will be no waves. What awaits us is economic collapse, and South Korea will be in dire straits.”
Li Zaihuan said in a deep voice: "Activate the financial emergency plan, announce an additional US$150 billion in foreign exchange reserves to rescue the market, and stabilize the stock market first. Contact major financial groups to urgently mobilize funds." Then he looked at the secretary behind him, " I want to speak to President Obama."
After South Korea announced an additional US$150 billion in rescue measures, the stock market finally stabilized.
Dan Enen held a lollipop in his mouth, "How much money do we still have."
Shen Lina said in a deep voice: "More than 120 billion."
Dan Enen shook his little head: "Go all out to acquire the shares of the U.S. Central Bank."
Everyone was stunned, and Xie Ning said: "Why are you buying the shares of the Central Bank of the United States?"
Dan En smiled: "South Korea is an Asian country that relies on the U.S. government. If South Korea is only attacked by terrorists, the United States will not take any action and can only issue a statement of condemnation. But if we want to attack the South Korean won, the United States will definitely support it. Now. Let’s create some trouble for him. I don’t see how the Americans can help South Korea when they don’t have time to take care of themselves.”
In the Hengtong Building in the United States, Steve Jobs was still sitting on the boss's chair, holding red wine in his hand and shaking it slowly.
"Boss! A huge amount of money has entered the Nasdaq financial market and is acquiring central bank stocks."
Jobs sat upright, frowned and said, "Let's investigate how much money there is."
Not long after, a trader said: "It's about 100 billion."
Jobs frowned more and more, and suddenly his eyes lit up, "It must be Yang." Then he clapped his hands, "Obviously the bankers are afraid that the U.S. government will help South Korea, so they go to the U.S. backyard to light a fire and keep them busy, so they can't help. South Korea. Now that I have seen through their purpose, I have to make a fortune."
At Wall Street Chuanglian Investment Company, a trader suddenly shouted: "Peter! Two huge sums of money have poured into the US Nasdaq financial market and are acquiring the shares of the US Central Bank."
"What?" Peter hurriedly stood up and walked over, looking at the computer screen in deep thought. After a while, he looked up at Henry, "What do you think about this?"
Henry also couldn’t figure out what happened: “This thing is too weird. How could such two huge funds suddenly enter the U.S. financial market if they didn’t go to South Korea to make money.”
Peter thought for a long time but still couldn't figure it out, "Don't worry about him, just keep an eye on the Korean currency market."
As soon as I finished speaking, I heard someone shouting: "Peter! Look, someone is selling a large amount of shares of the Central Bank of Korea."
Peter’s eyes lit up when he heard it, and he hurried to the computer, looked at the computer screen and said excitedly: “Henry! My guess is right, this must be the dealer starting to take action.”
In South Korea’s financial trading market, investors smiled as they watched the plunging stock market finally stabilize. They believed that with the support of the government, this financial crisis, which has not yet reached a large scale, will definitely pass.
But before the smiles disappeared from their faces, they saw the stocks of the country’s central bank plummeting, and then the stock market, which had just stabilized, began to plummet again, driven by the stocks of the central bank, which caused people to panic. If the bank fails, what happens to their money?
Those who respond quickly should go to the bank to withdraw money first. If there is the first one, there will be the second one. In just half an hour, long lines formed in front of major banks in South Korea. A large amount of bank cash flowed into the hands of citizens, and banks began to run deficits. This also caused a chain reaction. Green lines appeared on the electronic screen, and investors began to sell their stocks in large quantities. South Korea is in chaos, with people running around and howling, a bleak scene.
At this time, some people began to notice that international speculators in the foreign exchange market had begun to short the Korean won in large quantities.
?Bai Group Investment Department
Shen Lina did not expect that things would develop so fast and that those international speculators would take action at this time.
But Dan Enen didn't care, and jumped up and down excitedly: "The war led by us has finally started. Comrades, snipe at South Korea."
Li Zaihuan did not expect that the 1.5 billion just invested in the stock market was like a pebble thrown into the sea, without any waves.
"There must be someone manipulating the financial market behind the scenes, and this financial crisis is inevitable. We can only do our best to invest more funds to support the market, and we must not let those financial robbers succeed."
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The war between South Korea and the world's financial speculators has begun, but everyone knows that winning this financial war on its own will be even more difficult than climbing to the sky.
At this time, the United States suddenly announced a loan of US$200 billion to South Korea. At the same time, some established countries such as Germany and the United Kingdom also announced loans to South Korea to rescue the market in order to solve the sudden financial crisis.
Some speculators feel that the general trend is over and quickly withdraw funds to avoid being trapped and losing all their money. But more people stopped suppressing the Korean won and waited to see what happened.
In a luxurious manor in London, an old man in his seventies sat in front of the computer screen, his eyes shining with wisdom.
"Smith, please notify us immediately to short the U.S. dollar."
Smith is a young man in his twenties: "Grandpa! Isn't it a bit risky to do this? International speculators will not let go of South Korea's big cake, and the bookmakers will definitely wait for opportunities to take action. The Asian financial crisis is inevitable. You Shorting the U.S. dollar at this time will accelerate the world financial crisis, and it will be inevitable for us in the UK.”
The old man smiled slightly: "Someone is already doing it. We are just following behind to drink some soup. There is another reason. I want to take revenge on the United States. A few years ago, the pound was sniped by Soros and a large number of people shorted the pound. It would be a shame for our country to force the pound out of the European exchange rate system."
Smith said: "That is Soros's personal behavior and has nothing to do with the US government."
The old man's wise light flashed in his eyes, "Do you really think it doesn't matter? It seems that you are still too young and have not seen the key points of interest. If Soros did not have the US government behind it, would he dare to do this?" said After finishing, he looked back at Smith, "Have you found out the bookmaker behind this?"
Smith shook his head, "No."
The old man tapped his fingers on the table and thought for a while and said: "Go! Do as I say, and this time the United States must pay a heavy price."
"Yes! Grandpa!" Smith said respectfully, then turned and walked out.
After those international speculators withdrew their attention from South Korea, they also noticed the changes in the U.S. financial market. They were like taking stimulants, staring closely at the foreign exchange market, fearing that they would miss the opportunity to make a big fortune.
Suddenly, speculators in the foreign exchange market began to short-sell the U.S. dollar in large quantities, and those international speculators who were still waiting to see the situation quickly withdrew from the Korean financial market and instead invested a large amount of funds crazily in the U.S. foreign exchange market.
The United States is the largest economy in the world, and the U.S. dollar, as the international settlement currency, has been attacked by international speculators, which quickly caused the entire European financial market to plummet, falling by three percentage points in just a few hours. Seeing that the European financial market was about to fall into the worst stock market crash in fifty years, the United States was the first to react.
Obama quickly convened the Federal Reserve, the U.S. Treasury Department and the U.S. Securities and Exchange Commission to discuss the financial crisis in Europe. The final result of the negotiations was that the United States invested $100 billion to rescue the market. Immediately afterwards, all European countries responded quickly and announced that they would invest funds to rescue the market.
But they underestimated the power of this crisis. In less than five hours, the stock market had fallen to a record low of 7,000 points.
At Wall Street Chuanglian Investment Company, Henry leaned back in his chair and said: "Peter, we have gained a lot this time I didn't expect that the banker would come up with such a trick. It's a pity that we found it too late, otherwise we would have gained even more."
Peter said: "Don't worry! Tomorrow will be our big harvest."
"A great harvest?" Henry said doubtfully.
"Yes! If my analysis is correct, tomorrow more than one trillion speculative funds from international speculators will flow into the Korean foreign exchange market again. The Korean government will definitely not hold on for two days. We must be prepared to follow the bookmakers and make a fortune. "
Henry said: "Will the bookmakers return to the Korean currency market and attack the Korean won?"
Peter nodded: "Definitely. Their goal is to attack the Korean won and hit the Korean economy. They will never give up like this."
Henry said sincerely: "Peter, I apologize for my irrational behavior yesterday. I'm sorry."
"Haha" Peter smiled: "We were very good friends when we were in college. Don't I know you well? I think someone else would have fired me long ago."
Henry smiled, "I don't understand a little, although South KoreaIt has less than 400 billion in foreign exchange reserves, and all of them have been invested in the stock market. However, the United States and some European countries have lent them loans estimated to be around one trillion. South Korea's economic system is also very strong. Even if more than double the amount of international speculative funds hits the South Korean won, South Korea's economy is unlikely to collapse. "
Peter raised his finger and shook it, "If so many things hadn't happened in South Korea, not to mention that the South Korean government had received nearly one trillion yuan to bail out the market, even if it had nearly 400 billion in foreign exchange reserves, international speculators would not have been so willing to reap benefits in South Korea. Easy. But it is different now. South Korea has been attacked by terrorists, and the directors of five major consortiums have been kidnapped and extorted for 50 billion. The most important thing is that all foreign-funded companies in South Korea have withdrawn their investment. It can be said that everyone in the world knows it now. I think in the future A large amount of foreign funds will flow into South Korea in the next two days. However, the United States and some European countries are now overwhelmed and unable to help them. With domestic and foreign troubles and no foreign aid, the South Korean economy is destined to collapse in the next two days."
Recommended article: "Super Student" by Gong Zinuo. Author of "The Personal Bodyguard of the Most Beautiful Beauty": Fei Ge leads the way. The author of "The Romance Official King": Ten Thousand Years Nine Eyes.
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