Chapter 1008 30 Financial Group Continues to Retaliate Against Yang Chen

Ever since the last time Meatball Girl was insulted by trolls and Yang Chen appeared in her live broadcast room to protect her, her number of fans has been on a straight rise.

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

As a financial anchor, with so many fans, he can be called a big V. He is a first-line anchor in this industry.

Therefore, after Maruzi Girl’s video was posted, there were more than 10,000 comments soon.

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

"Stop talking, 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 powerful."

"I still say the same thing. If you say that Boss Yang can control the volcanic eruption, 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 volcanic eruption."

"You outsiders may not know that the Tianshan Mountains here in Zhengcheng thundered last night, and all the lightning converged towards one point. People here said that someone was doing this. Then today the volcano in the island country erupted, you said Coincidence or not?”

"Holy crap! Is it true? Why am I getting more and more miraculous listening to this story? What was originally just an economic matter, has now risen to the level of cultivating immortals?"

"Boss Yang is awesome! I can actually find an old Taoist priest to help. How much does it cost?"

"It's worth spending any amount of money. This is a major matter related to his personal reputation. Besides, as long as they succeed in short-selling, they will definitely make enough money to pay the old Taoist priest."

…

Good guy, this rumor is getting more and more outrageous.

He actually even pulled out the practices of Taoist priests.

In fact, it is the function of the system. Now the system's reversal card has taken effect.

At this time, on the other side of the island country.

Iwasaki Yuta stared at the news blankly, without speaking or even moving for a long time.

Originally, he thought that with the concerted efforts of the island country's major chaebols, they could drive up the stock market and short squeeze Yang Chen and the Wall Street giants, and it would be easy for his opponents to liquidate their positions.

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

Not to mention that their efforts are in vain, the key is that their money is trapped in high positions.

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

What does this mean?

This means that the money they invested before has been trapped, and it may not be possible to get out of the trap in three, five, or even ten or eight years.

Because reversing a country's economy cannot be achieved in a short time, island countries have been languishing since the burst of the economic bubble in the last century.

With such lessons learned, the chaebols who lend money to the island governments are panicking.

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

It was originally said that as long as the stock market was raised enough to blow up Yang Chen and Wall Street, the capital could be gradually withdrawn, and the big guys could take back all the money with interest.

Now let alone the interest, even the principal cannot be recovered.

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

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

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

With this delay, I don’t know when I will be able to come back.

However, they are all confused.

If the island government has money, does it still need to borrow from them?

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

But these chaebols are not so easy to owe and refuse to pay.

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

After the government departments of the island country held a meeting to study,

Finally, it was decided to issue bonds for financing.

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

But the last time money printing caused the domestic inflation rate to rise by 8 points in a month, the impact was really too great.

If they continue to print more money, the island's currency will collapse.

Not only are the domestic people suffering from high inflation, but the currency of the island country will also depreciate significantly in the international market.

The impact is widespread and egregious.

Therefore, printing more money is definitely not feasible, they can only issue bonds.

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

But is it always 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 in my mind. Who is so stupid that he would take such a big risk to buy their bonds?

They were lucky to be able to recover their investment last time without breaking the bank, and they don't want to risk it again.

Except for some countries that have purchased the bonds of some island countries due to their foreign exchange needs and exchange rate control needs, there are almost no institutions and individuals buying the bonds of island countries.

then what should we do?

The island government has turned its attention to its own residents.

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

What?

The people of the island country are not fools. They don’t want to buy bonds?

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

All holders of island country IDs can get bond yields higher than bank interest rates. Why don’t they buy them yet?

Well, this method is indeed very effective.

People in some island countries saw that bond interest rates were much higher than bank interest rates during the same period, so they quickly took their hard-earned savings to buy bonds.

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

However, this money is simply not enough to repay the money provided by San0 Financial Group and other chaebols.

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

The chaebols are not willing to ask for bonds at all. If these funds are used elsewhere, it is possible to double them in ten years.

But if you switch to bonds, the interest will only be a few points in ten years. What's the point?

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

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

Therefore, San0 and other chaebols have no choice but to accept this plan.

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

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

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

For no other reason than to vent his anger!