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Chapter 834 Activating the Financial Contingency Plan

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    Lee Jae-hwan and his cabinet members discussed for almost an hour, but did not discuss 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 the major consortiums take action to save the market, it will take time to raise funds. If they do not enter the market tomorrow to save the market, when international speculators enter the market with a lot of hot money  , Our foreign exchange reserves are like throwing into the sea, and there will be no waves. What awaits us is economic collapse, and South Korea will fall into a catastrophe.¡±

    Li Zaihuan said in a deep voice: "Start the financial emergency plan, announce an additional 150 billion US dollars of foreign exchange reserves to rescue the market, and stabilize the stock market first. Contact the major consortiums and urgently mobilize funds." Then he looked at the secretary behind him, "  I'm going to speak to President Obama."

    The stock market finally stabilized after South Korea announced an additional US$150 billion bailout press conference.

    Danen had a lollipop in his mouth, "How much money do we have?"

    Shen Lina said in a deep voice: "More than 120 billion."

    Danen shook his little head: "Buy the stocks of the Central Bank of the United States with all our strength."

    Everyone was taken aback, and Xie Ning said, "What are you doing buying the shares of the Central Bank of the United States?"

    Dean grinned: "South Korea is an Asian country that is dependent on the "government" of the United States. If South Korea is only attacked by terrorists, the United States will not take any action but issue a statement of condemnation. But if we want to attack the Korean won, the United States will definitely support it  .Now that we are causing him some trouble, I see how the Yankees can help South Korea when they can't take care of themselves."

    In the Hengtong Building in the United States, Jobs was still sitting in the boss chair, slowly shaking the red wine in his hand.

    "Boss! A huge amount of money has entered the Nasdaq financial market and is buying stocks in the central bank."

    Jobs sat upright, frowned and said, "Investigate how much this fund is."

    Not long after, a trader said, "It's about a hundred billion."

    Jobs frowned more and more tightly, and suddenly his eyes lit up, "It must be Yang." Then he clapped his hands, "It is obvious that the banker is afraid that the US "government" will help South Korea, so they set up a fire in the backyard of the United States, so that they can't take care of themselves.  I can¡¯t help South Korea anymore. Now that I have seen through their purpose, I have to make a fortune along with it.¡±

    A trader at Wall Street Chuanglian Investment Company suddenly shouted: "Peter! There have been two huge funds pouring into the NASDAQ financial market in the United States, and they are buying the stocks of the Central Bank of the United States."

    "What?" Peter hurriedly stood up and walked over, staring at the computer screen in thought for a while, then looked up at Henry after a while, "What do you think of this matter?"

    Henry also couldn't figure out what happened: "This incident is too weird. Such a huge sum of money, if they don't go to South Korea to make money, how can they suddenly enter the US financial market."

    Peter thought for a long time but still couldn't figure it out, "Leave him alone and keep an eye on the Korean foreign exchange market."

    As soon as I finished speaking, I heard someone shout: "Peter! Look at someone who is selling a lot of stocks of the Central Bank of Korea."

    Peter heard his eyes light up, and hurried to the computer, looked at the computer screen and said excitedly: "Henry! I guessed right, this must be the dealer's move."

    In the Korean financial trading market, stockholders watched the slumping stock market finally stabilize, and showed a smile. They believe that with the support of the "government", this financial crisis that has not yet formed a large scale will definitely pass.

    But before their smiles disappeared, they saw the stock of the Central Bank of the country fall all the way, and then the stock market, which had just stabilized, began to plummet again driven by the stock of the central bank, which caused panic among the people.  What happens to their money if the bank fails?

    ? If you have a quick response, go to the bank to withdraw money first. Chapter 851 Group Investment Department

    Shen Lina did not expect that things would develop so quickly, and those international speculators would make a move at this time.

    But Dai Enen didn't care, jumping up and down excitedly: "The war that belongs to us has finally started, comrades, attack the Korean won."

    Li Zaihuan did not expect that the 150 million that had just been invested in the stock market was like a pebble thrown into the sea, without any waves.

    "Someone must be 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."

    ? ??????????????????????????????????????????????????

    ? Financial speculation in Korea and the worldThis is the beginning of the big war in Korea, but everyone knows that it is more difficult for South Korea to win this financial war by itself.

    At this time, the United States suddenly announced a loan of 200 billion U.S. dollars 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 withdraw funds quickly, so as not to be locked up and lose their money.  But more people stopped suppressing the Korean won and waited and watched.

    In a luxurious manor in London, an old man in his seventies sat in front of a computer screen, his eyes shining with wisdom.

    "Smith, immediately inform me to go short the dollar."

    Smith is a young man in his twenties: "Grandfather! Isn't it a little risky to do this? International speculators will not let go of the big cake in South Korea, and the bankers will definitely wait for the opportunity to sell. The Asian financial turmoil is inevitable. You  Shorting the U.S. dollar at this time will accelerate the triggering of 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 just follow behind to drink some soup. There is another reason, I want to retaliate against the United States. A few years ago, the pound was attacked by Soros, and a large number of pounds were sold short.  It is a disgrace to our country that the pound has been forced 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 wise light of the old man flashed in his eyes, "Do you really think it doesn't matter? It seems that you are still too young to see the key points of interest. If Soros didn't have the US "government" behind it, would he dare to do this?  After finishing speaking, he looked back at Smith, "Have you found out the dealer behind this?"

    Smith shook his head, "No."

    The old man tapped his fingers on the table and pondered for a while and said: "Go! Do as I say, this time the United States must pay a heavy price."

    "Yes! Grandfather!" Smith said respectfully, then turned and walked out.

    After those international speculators looked back in South Korea, they also noticed the changes in the U.S. financial market. They all stared at the foreign exchange market as if they had taken a stimulant, fearing that they would miss the opportunity to make a fortune.

    Suddenly, speculators in the foreign exchange market have begun to sell a large number of U.S. dollars, while those international speculators who are still on the sidelines quickly withdraw from the Korean financial market and instead invest a large amount of funds into the U.S. foreign exchange market frantically.

    The U.S. is the largest economy in the world, and the U.S. dollar, as an international settlement currency, was attacked by international speculators, which quickly led to a plunge in the entire European financial market, falling by three percentage points in just a few hours.  Seeing that the European financial market is about to fall into the worst stock market crash in fifty years, the first to react is the United States.

    Obama quickly called the Federal Reserve, the U.S. Treasury Department and the U.S. Securities and Exchange Commission to discuss the financial turmoil in Europe. The final result of the negotiations was that the United States invested 100 billion U.S. dollars 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 too much. In less than five hours, the stock market has fallen to an all-time low of 7,000 points.

    Wall Street Chuanglian Investment Company, Henry leaned on the back of the chair and said: "Peter, we have gained a lot this timeI didn't expect the banker to make such a move. It's a pity that we found out too late, otherwise we will gain more."

    Peter said: "Don't worry! Tomorrow will be our big harvest."

    "Big harvest?" Henry said in confusion.

    "Yes! If my analysis is correct, the international speculators' over one trillion speculative funds will flow back into the Korean foreign exchange market tomorrow. The Korean "government" will definitely insist on it in less than two days. We must be ready to follow the bankers and make a fortune.  Pen."

    Henry said: "Could it be that the bankers will return to the Korean foreign exchange 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."

    "Hehe" Peter smiled: "We were very good friends when we were in college, don't I know you yet? I think I would have been fired if I had changed."

    Henry smiled, "I don't understand. Although South Korea has less than 400 billion foreign exchange reserves, and all of them have been invested in the stock market, the United States and some European countries give them loans, which are estimated to be around trillions. And South Korea's economic system  It is also very strong, even if the international speculative funds more than doubled to hit the Korean won, the Korean economy would not collapse."

    Peter raised his fingers and shook, "If so many things hadn't happened in South Korea, not to mention that the South Korean "government" has received nearly one trillion yuan of funds to rescue the market, even if the foreign exchange reserves are close to 400 billion yuan, international speculators would not be able to profit from South Korea.  It would be that easy. But it¡¯s different now, South Korea has been attacked by terrorists, the directors of the five major conglomerates have been kidnapped and extorted 50 billion, and most importantly, all foreign-funded enterprises in South Korea have withdrawn their capital. It can be said that everyone in the world knows it now.  A large amount of foreign funds will flow into South Korea in the next two days. The United States and some European countries are too busy to take care of themselves and cannot help them. With internal and external troubles and no foreign aid, the Korean economy is doomed to collapse in the next two days."  (Remember the site URL: www.hlnovel.com)With so many things happening, not to mention that the South Korean "government" has received nearly one trillion yuan of funds to rescue the market, even if the foreign exchange reserves are close to 400 billion yuan, it will not be so easy for international speculators to reap benefits in South Korea.  But it¡¯s different now. South Korea was attacked by terrorists. The directors of the five major consortiums were kidnapped and extorted 50 billion. Most importantly, all foreign-funded enterprises in South Korea have withdrawn their capital. It can be said that everyone in the world knows it. I think in the next two days  There will be a large amount of foreign capital flowing into South Korea.  The United States and some European countries are too busy to take care of themselves now, and they cannot help them.  With internal and external troubles and no foreign aid, the Korean economy is doomed to collapse in the next two days.  "(Remember this site URL: www.hlnovel.com
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