My Fintech Empire

Chapter 1587 [The Boots Drop]

The Yue monkey is completely under control in the field of electricity, so it will not jump up and down, and the disease of the Yue monkey can be truly cured from now on.

One hand controls electricity, and the other hand controls water power.

In the future, the Yue monkey will definitely be docile. As long as it is docile, when Dongda is laying out its global layout, a little bit of bonus will be enough for it to enjoy the delicious food and drink spicy.

From now on, Amei will not think of instigating the Yue monkey to make trouble. Even if the Yue monkey wants to, he does not have the courage and can only stand on the side of Dongda.

At this moment, Fang Hong is still reading the contents of the document in his hand.

The core condition of Amei is to ask Dongda to help suppress inflation. The specific operation is that the price cannot be raised. In addition, it must purchase US bonds. Amei has started the unlimited QE mode this year, printing money crazily, and the scale of debt has expanded significantly.

Dongda naturally agreed to suppress inflation. Dongda is the only one in the world that can help Amei suppress inflation.

In fact, Dongda does not want to see a sudden collapse of Amei Lika. If that happens, the world will immediately become a mess, which will disrupt the existing strategic layout and add more uncertainties.

For Dongda, the most ideal situation is not to let Amei suddenly collapse and die, but to surrender hegemony to save its life, and no longer intervene in the affairs of the Eurasian continent, and become a regional hegemon in northern Taiwan.

If Amei is split from now on, then Europe will inevitably take advantage of the situation. If it still huddles with the big goose, this is obviously not the result that Dongda wants to see.

If Europe and the big goose really get together, then Dongda can pull Amei in, so as to play a role in balancing and deterring Europe, and the possibility of the big goose and Europe getting together will be strangled in the cradle.

Enemies are not eternal, and so are friends. Now playing with the big goose is very happy, and it is also a good relationship between Qin and Jin. Both sides know it well.

But the premise is that A-Mei cannot be split, otherwise it will not be able to play a role of checks and balances.

Playing with a split A-Mei is not only not helpful but also a burden.

As long as A-Mei shrinks to the north and becomes a regional hegemon, forming one pole of multipolarity, a stable multipolar balance can be achieved worldwide.

The final result of the US debt issue is to purchase 350 billion US dollars, but the Star Group will purchase all of the 350 billion US debt.

Moreover, if Dongda wants to increase its holdings of US debt in the future, it will basically be the Star Group that increases its holdings. In this way, A-Mei will have to ask the Star Group for help when issuing US debt in the future, and will have concerns about it. It dare not provoke the Star Group too much, otherwise the Star Group will not only stop increasing its holdings of US debt, but also sell off US debt in large quantities, which will be troublesome.

"350 billion US debt, no problem, the Star Group can take it." Fang Hong closed the materials and smiled calmly. Not to mention 350 billion US debt, even if it is super doubled, the Star Group can take it.

This has long been a planned strategy. We will obtain US debt from A-Mei, and then the Star Group will take these US debts to third world countries and emerging market countries, and lend them to those countries that owe huge US dollar loan debts to repay the loans. When repaying the money to the Star Group, we don’t need to repay US dollars, but only RMB.

If there is no RMB, but as long as there are natural resources, there will be no problem. Dongda will come to import a large amount of resources, so that we can obtain RMB, and we can use these RMB to repay the debt of the Star Group.

Dongda will not force third world countries and emerging market countries to settle in RMB, but bilateral currency swaps.

But in fact, they will definitely use RMB. Those countries, including the big goose, will only recognize RMB.

The answer is also very simple. It is useless to use other currencies.

For example, the other two countries will not hold each other’s currencies, because the third world is a resource-based country. What can I buy from your family with your currency? Buy your mines or your oil? I sell mines and oil myself. What I want is all kinds of industrial manufacturing goods. If you can’t provide them, I have no use for your currency.

What the third world needs is industrial manufacturing goods, infrastructure, etc., which can only be provided by Dongda, and all kinds of industrial products can be bought.

There is no doubt that even if Dongda does not force RMB settlement, trade between those third world countries, especially resource-based countries, will require RMB settlement, and will only recognize RMB, and will not take other currencies.

With RMB, you can spend it and buy the goods you want, but with other currencies, you can't buy anything you want, it's just like waste paper, what's the use of it?

At present, it is the US dollar that plays a role, because the US dollar can buy all kinds of Dongda's industrial manufacturing goods, and in fact, it is the manufacturing goods exported by Dongda that support the US dollar as a global currency.

But since the sweater war, Dongda has successfully found a reason to go to the US dollar, and in the eyes of the world, Dongda is forced to do so.

In fact, Dongda has wanted to do this for a long time, and in fact, Amei has fallen into a trap of Dongda's strategic deception.

It's just that this matter will cause some pain for the University of Tokyo itself, and where there is pain there will definitely be resistance. That is why it does not take the initiative to de-dollarize and instead engages in such a strategic deception. In this way, de-dollarization becomes a natural process, internal resistance is greatly reduced, and there are also legitimate reasons to face the outside world.

Even if Amei knows that she has been tricked, she can't back down and can only go on. This includes the fact that Qunxing increased its holdings of US debts on one hand and lent them to third world countries on the other. Amei can't do anything about it.

Because Dongda already has a huge amount of US debts, Qunxing Group also has a huge amount of US debts of 500 billion to 600 billion US dollars. The US debts already held are enough to lend to third world countries for a long time to repay US dollar loans.

Third world countries can't go to Laomei to borrow new US dollars to repay old US dollars. In this case, Amei has issued so many national debts, and most of them can only be absorbed by Qunxing Group. The small book is almost squeezed into dregs, and there is really no money to squeeze out. Europe's own debt problem is already too much to take care of.

In this way, there is really no better creditor on the entire earth except Dongfang. A-Mei has to continue to expand its debt ceiling, otherwise it will collapse. However, if the debt is expanded, it will have to find Dongfang to buy bonds and increase its holdings. Dongfang will increase its holdings of US bonds and lend them to third world countries so that they can repay the RMB at that time. Although Dongfang may suffer a small loss, it has broken A-Mei's game of using the "dollar tidal circulation" to harvest the world, making this game unplayable and unrepeatable.

Now A-Mei not only can't harvest Dongfang, but Dongda also doesn't let A-Mei harvest the third world.

If you look at the current dilemma from A-Mei's perspective, it is really too difficult and there is no solution. The only solution is to temporarily delay it for one day at a time and try to postpone the explosion as much as possible in order to seek a turnaround. Another direct way of saying it is actually chronic death.

Finally, Fang Hong nodded and said, "Okay, this matter is officially settled, I will let the export business of Qunxing Enterprises reduce prices."

As long as Qunxing Enterprises starts to take the lead in reducing prices, other export enterprises that originally followed the price increase will definitely follow suit, especially many export enterprises that have overlapping export businesses with Qunxing Enterprises, and they will be even more unable to compete without reducing prices.

If prices fall, the economic growth scale in the second half of this year will definitely fall compared with the general market expectations before, but there will not be too much fluctuation, because the scale of demand is there, and foreign production suspension has not been restored, and a large number of goods must be imported from the East.

You know, price reduction itself is conducive to expanding the scale of exports, and the competitiveness of export products will be improved.

……

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