Chapter 468 Strangling - Strong Alliance(1/3)
Chapter 468 Strangulation - Strong Alliance
Author: Wu Jiechao
Chapter 468 Strangulation - Strong Alliance
"Damn! Damn Umbrella! Damn Awen!"
"What a great opportunity! It doesn't matter whether it's harvesting Southern Korea or Umbrella, but they won't cooperate!"
"Can't Four Stars think of a way? Didn't they brag loudly before?"
"What are you thinking of? They have already suffered miserably by cooperating with us before. They already have deep resentment against the chaebols internally. This time they cannot protect themselves."
"The key point is that Longshan and Busan are ruined. Should we transfer Neon here again to intimidate them? It's too obvious. Umbrella is not a vegetarian."
"..."
As Umbrella began to release one piece of good news after another, it then began to use a large amount of funds in its hands to pull back.
The international speculators who were originally having fun now also felt a little numb.
Although the increase in South Korea's exchange rate will cause South Korea's products to reduce their international competitiveness, after all of South Korea's profitable foreign trade industries have been taken over by Umbrella, this negative impact has actually been greatly reduced!
In the past, South Korea would even build ships at a loss just to grab orders.
But now Umbrella still has a large number of platform orders, so obviously it doesn't matter anymore.
After all, although Penglai has just begun to operate, just like the development of the city, subsequent expansion and improvement can be said to never stop.
Coupled with some ships that need to transport cargo, it is enough to feed shipyards around the world.
Now that there are no worries, and with the binding agreement signed between Umbrella and South Korea, Umbrella has also begun to fully cooperate this time.
Not only did Awen reject the various calls from Big Beauty, he also directly issued a series of matching economic policies, raising interest rates and starting to reduce liquidity.
And they are introduced continuously, one wave after another.
This caused South Korea to start sucking in, and Umbrella also started to suck. With the help of chaebols as a springboard, speculators who borrowed a large amount of South Korea's southern dollars with high leverage were all sucked away as soon as they took action, and South Korea's foreign exchange continued to rise.
Since they are preparing to engage in foreign exchange, those speculators themselves naturally have high leverage, far exceeding that of the stock market and futures.
When the time is up, they have to pay it back!
Just like the confrontation between Porsche and those short sellers when it acquired Volkswagen, when the circulating stocks on the market were squeezed by Porsche and the remaining circulating stocks were not enough to repay short orders, the speculators who were originally short the stock price could only cry.
You can repay it by inflating the price yourself and buying high-priced stocks.
Moreover, the short sellers who originally cooperated with each other began to compete with each other for the few remaining circulating stocks, and a game of musical chairs began to see who was slower.
It directly pushed Volkswagen's stock price from 200 euros to 1,000 euros in a short period of time!
Short speculators lost more than 20 billion.
Umbrella is actually the same this time, and the South Korea Nam Yuan borrowed by the short seller needs to be repaid.
But as the price rises and liquidity begins to decrease, Umbrella's continuous moves can ensure that it continues to remain stable.
This time, the short sellers who were united in swarming in started their own palace fight...
"We must not retreat! We must fight to the end!"
"Yes! I don't believe that Umbrella can change the world!"
"Keep throwing and hit hard! Victory will eventually belong to us!"
"Humph, they just came up with a plan of 200 billion a year, there is no way they will have much money left."
"The chain reaction of internal problems in South Korea cannot be saved!"
"They are beyond help!"
"..."
The slogans were shouted loudly, and everyone said they must resist.
But privately, they all slowed down their own selling speed, and secretly began to frantically buy Nanyuan that others were selling.
What were once good brothers have all turned into competitors.
Now let’s see who runs faster and whoever loses less!
And the plutocrats in South Korea who were originally desperate were now paralyzed.
Because the international speculators were not given much time this time, it was entirely up to the chaebol to use their influence to find banks to quickly take out the money. In order to make up for their own losses, they also exchanged a large amount for U.S. knives here.
Anyway, when the time comes, all they have to do is defeat the enemy and use the cabbage-priced Nan Yuan to repay the money. By then, they will be able to make up for some of the impact they suffered due to the impact of Nan Goryeo.
This time they didn't actually want to make more money. After all, their roots were still in South Korea, and they would also be affected by the losses. This time they just wanted to force the authorities to compromise after the collapse, and then gain greater power.
After all, money is truly useful only if it is replaced by the corresponding right to speak.
Moreover, at first they had the absolute lifeline of 'food' in their hands, so they were not worried at all.
But now I realize that there is no need to use special means to liquidate it. Umbrella only needs to announce a few official news and then spend money!
Now all the tradable assets in hand have been converted into US dollars, and a large amount of short-term debt funds have been borrowed. When it comes time to exchange them for repayment, the backhand will have to be ripped off.
In the past, because the chaebols themselves were involved in all aspects of South Korea, South Korea would not let them die. They would find various ways to extend their lives, and even simply continue to lend money without an upper limit.
But this time after their betrayal came out, Umbrella, who was sharpening his sword next to him, obviously wanted to take his place.
When the time comes, Umbrella will be stunned, and they won't be able to do anything about it!
Yin can't play with it, Ming can't beat it, the other side doesn't have money yet, and now the authorities are on the other side's side.
It’s all over!
…
"It's still the fault of greed."
Wang Yi looked at the bustling Seoul. From now on, this land will belong to Umbrella...
This will be a place that is even more thorough than Neon Control!
In fact, the remaining problems in South Korea are still very big, such as all rented houses.
However, these problems are not actually imminent. Using appropriate means to guide and provide 'confidence' can greatly delay the problems.
At least the parallel world has not completely exploded in the next few years.
For example, Umbrella cooperates with the authorities to once again temporarily heat up the real estate in South Korea. Once all parties have confidence, they can continue to move. It can also become a reservoir to absorb liquidity and continue to increase the number of short sellers.
Difficulty of repayment.
Anyway, Umbrella is not trying to turn South Korea into some kind of holy land on earth, just keep dogs in it, this way of dealing with it is enough.
But what's interesting is that this time, the New World was not affected much.
Because Jin Junliang was in control of the worldly affairs, he used the excuse that the capital chain was tight and did not lend out much.
This left New World with almost no losses, but a small profit due to a wave of counter-pull.
In addition, New World itself is a traditional business with strong ability to withstand pressure.
Comparing the appearance of the Amitabha Buddhas of the plutocrats next to them, it looks like they are eating melons and watching a show next to them.
Not only that, in order to fill the hole, many chaebols also visited those who wanted to borrow money, and even offered many high-quality assets to provide low pressure.
This directly makes New World feel like a pie in the world.
After all, no matter what, New World is all its own people. Rather than giving Umbrella an advantage, it would be better to give New World an advantage!
With high-quality assets in hand, New World can in turn get financial support from banks. With Awen's secret support for Jin Junliang, the gains during this period can be said to be second only to Umbrella!
After all, Awen also has concerns about Umbrella, and secretly uses Jin Junliang to defend him.
On the other side, the same goes for Shinsekai’s chaebols who treat their own people as their own, and so do organizations!
In the future, South Korea may only be left with Shinsegae, and other chaebols will not be able to protect themselves.
Although I don’t expect the New World to be able to fight against Umbrella, at least it can be regarded as planting a nail...
Chapter 602
"Is this the largest local chaebol?"
Jin Junliang sat in the chairman's seat and looked at his good brother Li Qing next to him, feeling a little confused.
He has justice in his heart, wants to change, and is working hard.
But he never expected that he, an undercover agent, would inexplicably become the helmsman of the largest chaebol in South Korea!
Although there is a higher-status Jin Guangyao behind him, Jin Guangyao rarely interferes in secular business, and only occasionally gives a general direction.
Good guy, why are you so dreamy...
The top four-star chaebols are not only involved in high-tech businesses.
The same is true for all aspects of people's livelihood, including shopping malls and hotels.
And because of this tragedy, a large number of these high-quality assets also fell into the hands of New World.
It's like a strong match.
To be continued...