NOVEL WEB The youngest son of the chaebol family, Mo Hyun-min
Chapter 115
If the Asian Four Tigers are just a ranking at the top of comprehensive development and development, then Sun Country, Yanxia Xiangjiang and Xinjiapo can definitely be regarded as the "rich households" in Asia, and they are definitely not comparable to those small characters before! In 1997, Xinjiapo's foreign exchange reserves exceeded $70 billion, the foreign exchange reserves of Xiangjiang in Yanxia were $92.8 billion, and the foreign exchange reserves of the number one Sun Country reached $210 billion!
These three countries and regions that "have money in their pockets" are no longer something that speculators can deal with alone. Unless it is a joint sniper, it is difficult to succeed. And these powerful economies, once conquered, the profits they can obtain will far exceed the rewards of sniping those small countries before!
"If I'm not mistaken, Soros, who tasted the sweetness, and the speculators will snipe at other regions. And the target is either Xinjiapo or the Xiangjiang River in the hot summer. At that time, we can also participate in it and get a piece of the pie. Chen Daojun recalled the memories of his past life, after these international speculators successfully sniped Xinjiapo, their confidence was extremely inflated, and when they sniped the Xiangjiang stock market, there were differences. Some of the inflated speculators planned to fight on multiple fronts and ran to Eastern Europe to snipe Da Mao, but they were dragged down by the tough Da Mao to short-sell funds.
This also led to changes in the process of shorting Xiangjiang later, and the sniper battle, which should have been a quick victory, was dragged into a stalemate by Xiangjiang. Yanxia Guo is in the rear to raise a steady stream of funds to support Xiangjiang.
In the end, Xiangjiang, which had more reserves and funds, won the sniper battle with difficulty, thwarting the myth of invincibility among international investors. It's just that he injured the enemy by a thousand and self-damaged by eight hundred, even if he thwarted the other party's conspiracy to snipe Xiangjiang, the price paid by Xiangjiang was extremely huge.
......
"Chen, but Xinjiapo and Xiangjiang have so many foreign exchange reserves, can we really succeed?" James, who was sitting next to Eric, said with some disbelief.
"It's hard to say whether you can snipe successfully. But we can definitely get a lot out of it! How much we can earn depends on how we operate. Chen Daojun said confidently, according to the timeline of the previous life, although the sniping of Xiangjiang and the last Sun Country was unsuccessful, as speculators, they still got a lot of wool from these two regions and countries, and returned with a full load! And as long as they do not blindly follow up, pick up leaks behind the Soros group, and retreat immediately if the signs are not opposed, at most, they will earn less, and the risk will naturally be much smaller.
"You guys continue to keep an eye on Soros and the Quantum Fund, and after determining their targets, we'll follow up two days later, only this time focusing on the futures market!" They snipe at which we are bearish on the currency over there in the futures market!
Chen Daojun's proposal was quickly recognized by James and Bruce and others, after all, in the current situation, if you want to obtain higher returns, you must also ensure that the next sniper can be successful. Otherwise, they have struggled for so long, wouldn't it be a bamboo basket empty?
......
The government of the country of sticks, which has declared bankruptcy, is in an extremely difficult situation at the moment. President Kim Yong-sam never expected that such an outrageous thing would happen during his term of office, which is just like a dream of TM! Every day in the Blue House, subordinates come to report which enterprise has gone bankrupt, which factory has closed, how many workers have lost their jobs... For more than a week, I haven't received a single bit of good news!
"Mr. President, if you don't want to save yourself now, the situation will become more and more out of control!" The confidant adviser on the side couldn't help but remind that he did not expect that in less than a month, the "Asian economic power", one of the four Asian tigers, would collapse like this, and none of those Western countries was willing to help.
"Then you tell me, how to save myself? Our foreign exchange reserves have been stolen by those bastards! "At this moment, Kim Yong 30 is decadent, even if the previous presidents have had all kinds of problems, but only he, the stick country has gone bankrupt during his term! Those people outside are afraid that they want to kill him!
"Mr. President, we can call on the people to collect gold! As long as we can raise enough gold. We can get through this! The Minister of Finance said with an excited expression, and he quickly proposed a highly feasible method to overcome the crisis in front of him and save the miserable end of the country's bankruptcy.
"Calling on the people to raise gold?!" Jin Yongsan was completely stunned, what was the difference between such an outrageous method and begging from the people? Once he agrees to do so, I am afraid that his president will also be completely disgraced, and those who have supported him today will be disappointed in him, and even attract the impeachment of those political opponents!
"Mr. President, as long as we can save the bankrupt country, we are heroes! If we continue to allow the situation to deteriorate, we will not end well! "The Minister of Finance has completely opened up at this moment, as long as he can raise money to save the country, how can he care about anything else?
Jin Yongsan hesitated for a while, and finally agreed to the proposal of the Minister of Finance, just as an old saying in Yanxia Guo, "the lesser of two disadvantages" is the right choice!
......
At the suggestion of the government, many groups and institutions began to encourage people to donate gold to save the bankrupt country. At the beginning, many people turned their noses up at this, knowing that this time the debt that the country could not repay was worth hundreds of billions of dollars! Relying on those living at the bottom, even if they actively raise gold, how much can they make up?
But they were quickly slapped in the face. After a large number of people learned of the crisis facing the country, they did not stand idly by, but took out the treasured gold jewelry from their homes and went to the fundraising point and donated them. And more and more people are coming to collect donations.
Seeing the people donating gold enthusiastically, it attracted many media reports. Some chaebols and enterprises with a keen sense of smell are also a little unable to sit still. At the behest of their husbands, some of the wives of business executives took out some of the family's gold jewelry and donated it. Of course, this scene "coincidentally" was captured by reporters, and then the media news report soon received a lot of public praise and official agencies.
This situation soon attracted the attention of other chaebols and enterprises, so the major chaebols began to act. The same is true of the Chen family in Shunyang.
On Saturday, Chen Yangji called all the children to Zhengxinzhai, and then asked them to prepare, and on Sunday followed his mother Li Biyu to the donation point to donate a part of the gold. The four brothers and sisters of the Chen family knew the significance of this kind of "political showmanship", and no one raised any objections.
These three countries and regions that "have money in their pockets" are no longer something that speculators can deal with alone. Unless it is a joint sniper, it is difficult to succeed. And these powerful economies, once conquered, the profits they can obtain will far exceed the rewards of sniping those small countries before!
"If I'm not mistaken, Soros, who tasted the sweetness, and the speculators will snipe at other regions. And the target is either Xinjiapo or the Xiangjiang River in the hot summer. At that time, we can also participate in it and get a piece of the pie. Chen Daojun recalled the memories of his past life, after these international speculators successfully sniped Xinjiapo, their confidence was extremely inflated, and when they sniped the Xiangjiang stock market, there were differences. Some of the inflated speculators planned to fight on multiple fronts and ran to Eastern Europe to snipe Da Mao, but they were dragged down by the tough Da Mao to short-sell funds.
This also led to changes in the process of shorting Xiangjiang later, and the sniper battle, which should have been a quick victory, was dragged into a stalemate by Xiangjiang. Yanxia Guo is in the rear to raise a steady stream of funds to support Xiangjiang.
In the end, Xiangjiang, which had more reserves and funds, won the sniper battle with difficulty, thwarting the myth of invincibility among international investors. It's just that he injured the enemy by a thousand and self-damaged by eight hundred, even if he thwarted the other party's conspiracy to snipe Xiangjiang, the price paid by Xiangjiang was extremely huge.
......
"Chen, but Xinjiapo and Xiangjiang have so many foreign exchange reserves, can we really succeed?" James, who was sitting next to Eric, said with some disbelief.
"It's hard to say whether you can snipe successfully. But we can definitely get a lot out of it! How much we can earn depends on how we operate. Chen Daojun said confidently, according to the timeline of the previous life, although the sniping of Xiangjiang and the last Sun Country was unsuccessful, as speculators, they still got a lot of wool from these two regions and countries, and returned with a full load! And as long as they do not blindly follow up, pick up leaks behind the Soros group, and retreat immediately if the signs are not opposed, at most, they will earn less, and the risk will naturally be much smaller.
"You guys continue to keep an eye on Soros and the Quantum Fund, and after determining their targets, we'll follow up two days later, only this time focusing on the futures market!" They snipe at which we are bearish on the currency over there in the futures market!
Chen Daojun's proposal was quickly recognized by James and Bruce and others, after all, in the current situation, if you want to obtain higher returns, you must also ensure that the next sniper can be successful. Otherwise, they have struggled for so long, wouldn't it be a bamboo basket empty?
......
The government of the country of sticks, which has declared bankruptcy, is in an extremely difficult situation at the moment. President Kim Yong-sam never expected that such an outrageous thing would happen during his term of office, which is just like a dream of TM! Every day in the Blue House, subordinates come to report which enterprise has gone bankrupt, which factory has closed, how many workers have lost their jobs... For more than a week, I haven't received a single bit of good news!
"Mr. President, if you don't want to save yourself now, the situation will become more and more out of control!" The confidant adviser on the side couldn't help but remind that he did not expect that in less than a month, the "Asian economic power", one of the four Asian tigers, would collapse like this, and none of those Western countries was willing to help.
"Then you tell me, how to save myself? Our foreign exchange reserves have been stolen by those bastards! "At this moment, Kim Yong 30 is decadent, even if the previous presidents have had all kinds of problems, but only he, the stick country has gone bankrupt during his term! Those people outside are afraid that they want to kill him!
"Mr. President, we can call on the people to collect gold! As long as we can raise enough gold. We can get through this! The Minister of Finance said with an excited expression, and he quickly proposed a highly feasible method to overcome the crisis in front of him and save the miserable end of the country's bankruptcy.
"Calling on the people to raise gold?!" Jin Yongsan was completely stunned, what was the difference between such an outrageous method and begging from the people? Once he agrees to do so, I am afraid that his president will also be completely disgraced, and those who have supported him today will be disappointed in him, and even attract the impeachment of those political opponents!
"Mr. President, as long as we can save the bankrupt country, we are heroes! If we continue to allow the situation to deteriorate, we will not end well! "The Minister of Finance has completely opened up at this moment, as long as he can raise money to save the country, how can he care about anything else?
Jin Yongsan hesitated for a while, and finally agreed to the proposal of the Minister of Finance, just as an old saying in Yanxia Guo, "the lesser of two disadvantages" is the right choice!
......
At the suggestion of the government, many groups and institutions began to encourage people to donate gold to save the bankrupt country. At the beginning, many people turned their noses up at this, knowing that this time the debt that the country could not repay was worth hundreds of billions of dollars! Relying on those living at the bottom, even if they actively raise gold, how much can they make up?
But they were quickly slapped in the face. After a large number of people learned of the crisis facing the country, they did not stand idly by, but took out the treasured gold jewelry from their homes and went to the fundraising point and donated them. And more and more people are coming to collect donations.
Seeing the people donating gold enthusiastically, it attracted many media reports. Some chaebols and enterprises with a keen sense of smell are also a little unable to sit still. At the behest of their husbands, some of the wives of business executives took out some of the family's gold jewelry and donated it. Of course, this scene "coincidentally" was captured by reporters, and then the media news report soon received a lot of public praise and official agencies.
This situation soon attracted the attention of other chaebols and enterprises, so the major chaebols began to act. The same is true of the Chen family in Shunyang.
On Saturday, Chen Yangji called all the children to Zhengxinzhai, and then asked them to prepare, and on Sunday followed his mother Li Biyu to the donation point to donate a part of the gold. The four brothers and sisters of the Chen family knew the significance of this kind of "political showmanship", and no one raised any objections.
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