Chapter 187 The Darkest Hour
$190, Darkest Moment
When the female artist kept slapping her face and came back to sign the contract, in the office of the tallest office building on Wall Street, an old man with white hair and beard flashed a gleam in his eyes and said: "Go all out to short the Korean dollar, and notify all major banks to postpone the settlement of the Korean country for another month."
At this point, the "financial emperor" Hals was joining the war.
In the office, everyone looked at the old man in the middle of the table and dared not breathe. Hals's hair, eyebrows and beard were all white, and no one knew how old he was this year.
At this moment, Hals was holding a mahogany cane in his hand, and on the top was the symbol of the Eye of Power, a golden eye symbol.
No one knew that this old man who made the world tremble would actually have something to do with the Eye of Power. An inconspicuous little character in the office looked at the cane in Hals' hand, his eyes flashed, and then he lowered his head and pretended to be the same as others.
"What? Hals is a member of the Eye of Power?" Tang Wen was stunned after receiving MK's call.
Just now, Wall Street's secret line reported that Hals and the Eye of Power were inextricably linked. MK notified Tang Wen as soon as he learned the news.
"Does this mean that Hals is also involved in the struggle between the Templars and the Eye of Power?" Tang Wen asked.
"Boss, we have not found any connection between the African affairs and Wall Street yet." MK answered truthfully.
"Okay, I got it, you keep watching." Tang Wen nodded and put down the phone.
Hals was related to the Eye of Power, which Tang Wen did not expect. If this continues, then the Duke Consortium and the Adams Consortium may also have an unclear relationship with the Eye of Power.
"What on earth is there in Africa? It will make the Templars and the Eye of Power go to war there regardless of everything." Tang Wen was puzzled.
According to MK, the Templars and the Eye of Power are currently fighting in Africa. Both sides have supported one side and are now replenishing their own positions.
In just a few days, they have launched several battles involving hundreds of people. However, it was just to fight for a piece of wasteland, which was the most strange thing.
Both sides mobilized their own mercenaries from Europe to start large-scale fighting in Africa, and the external propaganda was just to protect the pipeline for transporting oil.
But secretly, they were fighting fiercely there. Even the United States, which always likes to meddle in other people's affairs, pretended not to see it this time and let them fight there.
This fight caused a small sensation among the mercenaries. Many mercenaries came to Africa with high rewards and joined their respective camps.
The Eye of Power supported the side headed by Alama, and the Templars supported the side headed by Monaco. The two sides fought back and forth.
However, the business of the Blood Sabre has been much better recently. In order to prevent accidental injuries from both sides, many local forces began to hire the neutral Blood Sabre with high salaries.
Not long after, the retired Australian special forces, known for their brutality, also joined. Their reputation in the mercenary world is not very good, but this time the Eye of Power, which has "no one" available, also summoned them.
Now it's a bit interesting. Perhaps in order to redeem the embarrassing scene of the Alama Special Forces, the Australian AMO mercenaries began to quickly retaliate against the militia that attacked before.
The Templars were not to be outdone, and directly hired the mercenary known as the Tomahawk of the Polar Bear: END. The situation between the two sides was on the verge of breaking out.
Gu Han was watching the excitement with a bloody saber.
END and AMO are not fuel-saving, etc. The former is known for its powerful combat power, while the latter is known for its brutal means. Both sides are waiting and watching.
Compared with the tension between the Eye of Power and the Templars in Africa, Hals of Wall Street made a big move right at the beginning. He went directly to the Federal Reserve to announce the opening of gold reserves.
A large number of gold futures flowed into the market. At the same time, the large amount of gold mined by the four major American financial groups from the mines of the Jared family in Africa flowed continuously to the international financial market through the African futures market.
Such actions directly caused the gold price to drop from 2,000 US dollars per cup to about 1,700 US dollars. The Korean country was wailing at this moment.
They tried their best to buy gold futures to maintain the balance of domestic foreign exchange, but with the intervention of Hals, it soon became a one-sided harvest.
Countless people began to blow up their positions. After a few lucky people followed the short selling and made a fortune, they found that they could not withdraw cash in China. At present, the Korean country has forced the gold delivery period to be extended to 1 month.
Those who shorted could not get US dollars at all, but only received the Korean yuan that was like waste paper. Under the blockade of more than 20 super financial groups, even if you make money in the Korean country, you can't leave. This is the saddest thing.
Before they were desperate enough, Hals's second wave of big moves came. More than 90% of the countries that have trade settlements with Korea have postponed the settlement date.
This means that Korea now has to wait at least one month to obtain foreign exchange. One month? Who knows what will happen to Korea by then.
Korea is now in a mess, and the Prime Minister began to seek help from the Lee family of X Star. However, the major shareholder of X Star refused the plan to repatriate funds, and the Lee family was powerless.
This is the darkest moment Tang Wen mentioned. At this time, the Korean dollar depreciated again from 5,000 to 1 US dollar to 6,000 to 1 US dollar, and no one exchanged it.
Many people settled their US dollar debts with Korean dollars. At this moment, Korea was in chaos.
Kim Jae-seok was stunned by everything in front of him. The moment Hals announced his move, the house in his hand, which was originally worth billions of US dollars, suddenly became a house that no one wanted even if it was given for free.
Now Korea has announced that the tax on real estate transactions is as high as 80%. That is, a house worth 100,000 US dollars now has to pay 80,000 US dollars in tax. In addition to the current real estate loans, many people's house purchase contracts have become a pile of waste paper overnight.
Korea originally wanted to use high taxes to curb domestic capital outflows, but now even if you want to slip away, you can't do it. The bank has no US dollars to exchange.
The Korean banks that were hit don't care about the life and death of enterprises. The first thing they think of is self-help. They began to liquidate those who couldn't repay their debts.
Entrepreneurs, artists, and investment companies became the first choice. The bank knows that these people have real estate, luxury cars and luxury goods. After the financial crisis, they are all capital. Now it has become the time for banks to seize capital.
The artists who originally had IOUs began to go bankrupt one after another. Many of them bought luxury houses with loans, and more people have accumulated more and more debts after no notice.
Investment companies and entrepreneurs are even worse off. Investment companies are dedicated to protecting the market, but now the first to be abandoned are also these investment companies. After they have no use value, the Korean banks have abandoned them without hesitation.
Entrepreneurs cannot receive their money, and their subordinates still have to pay wages. Various raw material suppliers, exporters, and workers are looking for money from them. After selling everything, they have no money and can only choose bankruptcy.
In addition, there is a shortage of daily necessities in Korea. Many countries that have trade relations with Korea require US dollars or euros for settlement. However, now Korea can only take out the waste paper-like Korean yuan.
So at this moment, no one is willing to do business with Korea. Are you kidding me that you exchange your real gold and silver products for a pile of waste paper-like Korean yuan? Although the economic crisis will pass, who knows what the proportion of the Korean dollar will be by then.
Merchants are not idiots, and no one wants to block the future of the Korean country. In such a difficult situation, the Korean country can only open the treasury and start using the treasury to subsidize necessities.
If this doesn't happen again, the Korean country will really cease to exist. What the Korean country didn't expect is that now exporters have begun to "raise prices."
The Korean people are so angry that they want to kill this ** businessman.
Since Hals announced the financial war, WF has signed artists in an endless stream. Cui Zhenyi called a few confidants to arrange work for them one by one.
He is responsible for the ideological work of those "big-name" artists.
The artists who had refused before came to WF obediently the next day to sign. Now they are no longer qualified to negotiate, and the only thing they can do is to sign their names on the contract.
Why is it said that the proportion of Korean artists suffering from depression is the highest in the world? Just look at their current appearance.
There are 154 top artists in South Korea, and their annual income is about 10 million Chinese Yuan. The other 90% earn about 6,000 Chinese Yuan, and more than half of them earn less than 3,000 Chinese Yuan.
This is a report from the previous news statistics. What do artists with no money do? They rush to attend announcements. Although the total amount of announcements is only a few hundred Chinese Yuan, they will still pay out of their own pockets to record programs.
Why? Isn't it because they can become one of the 154 people? Therefore, more than 99% of Korean artists are carrying loans. Affected by the financial crisis, the loans are like a mountain, pressing on them.
Especially the trainees of some companies, that is the existence at the bottom of the food chain.
After experiencing a series of blows, XM company also began to lay off employees crazily. Many artists and trainees were forced to terminate their contracts.
Therefore, there is an endless stream of people who want to join WF Entertainment Company. The previous SJ headquarters has now completely become a place for artists to interview.
In the past, everyone would have reported the news that WF Company has become an entertainment giant, but now people only care about the rise and fall of living prices, and the lives of artists have nothing to do with them.
Many retired artists have begun to come back to the stage to make money, but unfortunately they found that there is nowhere to go. Now South Korea is a mess.
Bars and nightclubs have begun to close down. Only those high-end places are safe and sound. Of course, those are the entertainment places for the top rich people. Although their wealth has shrunk, they are not embarrassed.
The real misery is the small consortium, they are the small fish at the bottom of the food chain.