Chapter 1008 30 Financial Group Continues to Retaliate Against Yang Chen

Chapter 1008 Three Zero Financial Group Continues to Retaliate against Yang Chen

Since the last time Wanzimei was insulted by the navy and Yang Chen appeared in her live broadcast room to protect her, her fans have been on a straight-line upward trend.

Before that, her number of fans was 1.2 million. After a few days, her number of fans has exceeded 8 million.

As a financial anchor, having so many fans can already be called a big v, and he belongs to the first-line big anchor in this industry.

So, after Maruko-sister's video was sent out, there were more than 10,000 comments in no time.

"Boss Yang is my idol. From now on, I will always be a fan of Boss Yang just like Wanzimei."

"Don't talk about it, I was stunned when I saw the news. Now I understand why everyone calls him the God of Wealth. He is indeed rich and very godly."

"I still say the same thing. If you say that Boss Yang can control the eruption of the volcano, I definitely don't believe it. But with his financial resources, I think it is very reliable to find a few people who can predict the eruption of the volcano."

"You outsiders may not know that there was thunder in the Tianshan Mountains in Zhengcheng last night, and all the lightning converged towards one point. People here said that someone was doing it. Then today the volcano on the island country erupted. You said Coincidentally?"

"Damn it! Is it true or not? Why do I hear this story becoming more and more miraculous. It was originally a matter of economics, but has it now risen to the realm of cultivating immortals?"

"Boss Yang is awesome! How much would it cost to find an old Taoist priest to help?"

"It's worth how much money you spend. This is a big matter related to his personal reputation. Besides, as long as they can succeed in short selling, the money they earn will definitely be enough to pay the old Taoist priest."

...

good guy,

This rumor is getting more and more outrageous.

Even the practice of Taoist priests was pulled out.

In fact, it is the function of the system, and now the reversal card of the system is in effect.

At this time, the island country.

Iwasaki Yuta stared blankly at the news, didn't speak for a long time, and didn't even move.

Originally, he thought that with the concerted efforts of the major chaebols in the island country, it would be easy for Yang Chen and the Wall Street tycoons to squeeze the stock market all the way up and make their opponents lose their positions.

But he never expected that the unexpected event of the volcanic eruption would directly lead to all their previous efforts in vain.

Let's not say that hard work is in vain. The key is that their money is trapped by high positions.

Judging from the current situation, it is impossible for the island country's economy to improve in a short period of time, which means that the stock market will not improve, and will only remain at a low level for a long time.

What does this mean?

It means that the money they invested before has been locked up, and they may not be able to get rid of it in three, five, or even ten or eight years.

Because it is not possible to reverse a country's economy in a short period of time, the island country has been sluggish since the economic bubble burst in the last century.

With such a lesson learned from the past, those chaebols who lent money to the island government for use may panic.

No, the capital tycoons headed by Iwasaki Yuta began to put pressure on the island government, asking them to find a way to boost the stock market or pay back the money as soon as possible.

It was originally agreed that as long as the stock market is raised enough that Yang Chen and Wall Street will lose their positions, they can gradually withdraw their capital, and the bigwigs can get all the money back with interest.

Don't talk about interest now, even the principal can't be recovered.

Therefore, each of them wants to make the island government pay back the money immediately.

Because they feel that the island government has no money now, and whoever can get the money first can go ashore.

If you move a little slower, you may be dragged.

I don't know when I will be able to come back after this delay.

But, they are all confused.

If the island government has money, is there still a need to borrow it from them?

So, unfortunately for them, no one can claim the money.

But the money of these chaebols is not so easy to owe.

In island countries, Bangzi, the United States, and European countries, the presidents are all elected by the plutocrats. Do they dare not pay the money owed to the plutocrats?

After the government departments of the island country held a meeting to study, they finally decided to issue bond financing again.

In fact, they have no better way. Apart from issuing bonds, the only way is to print more money.

However, the last printing of banknotes caused the domestic inflation rate to rise by 8 points within a month, and the impact was too great.

If they keep printing more money, the island currency will collapse.

Not only are domestic people miserable because of high inflation, but the currencies of island countries will also depreciate significantly in the international market.

The effects are widespread and nasty.

Therefore, the method of printing money is absolutely not feasible, they can only issue bonds.

Borrow money from the market first, and pay it back slowly in the future.

But is it possible to issue bonds?

Not always.

The last time the island nation's bonds were harvested by Yang Chen and Wall Street is still vivid, who the hell is not smart enough to take such a big risk to buy their bonds?

It was very lucky to be able to recover the investment money last time, and they didn't want to take another risk.

Except that some countries bought bonds of some island countries due to foreign exchange demand and exchange rate control, few institutions and individuals bought bonds of island countries.

then what should we do?

The island government turned its attention to its own residents.

If foreigners don't buy island country bonds, let the people of island countries buy them.

What?

People in island countries are not fools, don't want to buy bonds?

That's okay, there are ways to entice them to buy bonds.

Anyone with an island ID can get bond yields above bank interest, don't they buy it?

Well, this method is indeed very effective.

Some people in island countries saw that the bond interest rate was much higher than the bank interest rate in the same period, so they quickly took their hard-earned money to buy bonds.

Relying on this method, the island government sold about 3 trillion island national currency bonds.

However, the money is not enough to repay the money paid by chaebols such as 30 Financial Group.

The island government had no choice but to think of a radical solution, which was to sell all bonds to these chaebols.

The chaebols are not willing to ask for bonds at all. It is possible for these funds to be used in other places and double in ten years.

But instead of bonds, the interest is only a few points in ten years, what's the point of this?

But they can't do it if they don't want to, because the island government has given a clear answer, either accept the bond or have nothing.

Because the island government really has no money, bonds are their only solution.

Therefore, the 30th and other chaebols have no choice but to accept this plan.

But they were very unhappy, the whole country failed to bring down Yang Chen and Wall Street, which made them feel very shameless.

Therefore, as the initiator of shorting the island country's stock market, Yang Chen became a thorn in their side and a thorn in their flesh.

The chairman of 30 Financial Group, Iwasaki Yuta, ordered to continue shorting all listed companies under Yang Chen's name, and even shorted other listed companies that Yang Chen invested directly or indirectly.

Not for anything else, just to let out a bad breath!