Rebirth of the Evil Life
Chapter 2422 Philippine Stock Market Crash
Soros took action.
Soros is a big shark in the financial industry. If he smells blood, he will attack and take a vicious bite on his food. This habit, this temperament has been integrated into his body and into his blood. Therefore, he took the initiative without waiting for Lin Feng's instructions or asking for instructions.
The Philippines is now in a deep food crisis and has offended all food traders, making it impossible to buy food. Therefore, if you want to buy food, the commonly used Philippine peso is no longer useful. The outside world does not recognize the account and only recognizes the US dollar or other currencies.
Therefore, if the Philippine government wants to buy food to alleviate domestic conflicts, it can only use US dollars. But the Philippines’ foreign exchange reserves are only a little bit in U.S. dollars, just over 30 billion U.S. dollars. The cash that Soros can directly use now exceeds 80 billion US dollars, which is double the foreign exchange reserves of the Philippines.
Therefore, Soros first set the price of grain too high and bought grain futures on a large scale to continue to drive up the price of grain. Let the price of food, which was already 10 times higher, rise again. Therefore, this directly led to the Philippines declaring a foreign exchange crisis after only purchasing more than 10,000 tons of grain. Of course, this does not mean that the Philippines has no foreign exchange, but that all the foreign exchange in the Philippines cannot be used to purchase food. After all, the Philippines will also use this money to deal with other changes that may occur in the future.
In particular, Arroyo planned to use the money to purchase warships. She is really ready to have a fight with Lin Feng and China on the ocean. The South China Sea is close to the Philippines, and Arroyo believes that as long as she purchases a certain number of warships, she can make China and Lin Feng suffer from it.
Therefore, with the Philippines' foreign exchange rapidly decreasing, Soros used a third-party intermediary to start contacting the Philippines, threatening to use U.S. dollars to exchange for some real estate and some company stocks in the Philippines. Under normal circumstances, the Philippines would not agree, but this is an abnormal situation after all.
At present, the international community has not yet reached a conclusion on Lam Feng's complete ban on food sales. The Filipino people really have no food to eat. They have begun to riot and openly loot. If the Philippine government does not alleviate this situation, I am afraid that the Philippines will eventually return to primitive society. Therefore, the Arroyo government must bite the bullet and purchase a sum of food to temporarily alleviate the domestic crisis, and then see how the international community is prepared to deal with this matter.
After all, it is impossible for the international community to allow this kind of thing to continue. What's more, if Lin Feng purchased so much grain, he couldn't possibly keep it secret and not sell it. If he didn't sell it, the amount of money needed to store the food every day, as well as various damage expenses, etc., would be an astronomical sum.
Therefore, Arroyo did not believe that Lin Feng could continue to resist. And if Lin Feng sells it to other places, the Philippines can directly purchase the grain that Lin Feng sells. At most, it's just a little further to travel and pay a little more for travel. This price is also much cheaper than the current food price which is more than ten times. At least, the Filipino people can afford this small amount of travel expenses.
So Arroyo was excited that someone was suddenly willing to exchange U.S. dollars for Philippine pesos. Although he knew that the other party was here to take advantage of the situation and make money, Arroyo didn't care. Anyway, it is better to let someone else earn than to let Lin Feng earn.
Therefore, Arroyo exchanged 10 billion US dollars in foreign exchange in one go, and then used half of it to buy high-priced grain from the 20% of grain traders. The rest is generally to go around the world to purchase various foods that can replace staple foods. Such as potatoes, sweet potatoes, pumpkins, etc.
It’s wasted! Arroyo decided to have sex with Lin Feng.
"Deng, this time Lin Feng and I are at odds. I have blocked the future of the Philippines and I am at odds with Lin Feng. I don't believe it was Lin Feng who persisted longer or we who persisted longer!" Arroyo called. Wendi Deng, "But you must help us create more public opinion in the international community."
"Don't worry, I will do this. After all, we all want Lin Feng to be unlucky!" Wendi Deng nodded.
Regarding creating international public opinion, it is actually very simple, that is, continuously informing people of various countries through various newspapers about the current tragic situation in the Philippines, and arousing the sympathy of Western people. At present, the sympathy of the Western people does not blame Lin Feng for the time being, but Wendi Deng believes that Lin Feng will be found sooner or later. Moreover, Wendi Deng is recording a documentary about the food crisis in the Philippines.
No matter how affectionate and real these words and pictures are, they are not as good as the video. Wendi Deng believes that as soon as her documentary is recorded and broadcast on television, the sympathy of peaceful people around the world will be immediately aroused like the Qiantang River, with its turbulent waves.
But before Wendi Deng could take action, Lin Feng had already made the first move. Now that Lin Feng has decided to take action, he will not wait for Arroyo and Wendi Deng to take action first.
"Let me reiterate that the conflict between me and the Philippines is a conflict between our kings. I hope that other grain traders will not take advantage of the situation and sell grain to the Philippine government at the original price in a humanitarian spirit. Also, I Let me reiterate, as long as President Arroyo is willing to apologize, I will immediately send the food to the Philippines and give away 10,000 tons of food to the Philippines for free!" Lin Feng said.
This time, the international community once again focused on Arroyo. Lin Feng expressed his stance again. As long as you apologize, Lin Feng will take the initiative to contact the ban and donate 10,000 tons of grain to the Philippines. Is this considered Lin Feng’s sincerity?
impossible! I will never apologize! Arroyo roared.
joke! Why should she apologize? Lin Feng is just a businessman, but she is the president of a country and represents the face of a country. Why should she apologize to Lin Feng? Also, 10,000 tons of grain is a lot, can a mere 10,000 tons of grain impress me? Joke, this is so ridiculous.
"I never think I did anything wrong! The South China Sea issue is an issue between the Philippines and China. Lin Feng is just a businessman and he has no right to interfere. This time, he provoked conflicts between China and Africa. He also believes that he caused a famine in the Philippines and caused thousands of people to starve to death in the Philippines. On behalf of the Philippine police, I issued a global arrest warrant for Lin Feng." Arroyo responded to Lin Feng with the strongest attitude.
Lin Feng is wanted globally by the Philippines!
Lin Feng laughed when he heard the news. If you want to arrest me, do you in the Philippines have this ability?
"Soros, I know you have already taken action. It's time to close the net." Lin Feng called Soros.
Regarding Soros, Lin Feng was naturally relieved, but he was not at ease either. This guy is a lunatic, loves surprises, and loves adventure most of all. Therefore, Lin Feng asked Abby Cohen to keep an eye on Soros secretly. Lin Feng didn't let Abby Cohen do anything, but if there were any unusual transfers of funds on Soros' side, he would notify himself so that he could be mentally prepared. Don't let Soros cause himself a lot of trouble in the end, and he still doesn't know anything.
"Haha, okay, boss, if you say to close the net, then close the net." Soros laughed.
It was not surprising that Lin Feng knew that he was taking action against the Philippines. And he also knew that Lin Feng asked Abby Cohen to monitor him, and Soros knew this. He is a mature man, how could he not be clear about it? But he didn't care and it didn't matter. As long as Lin Feng doesn't restrict his behavior, that's enough. This fear of his own crazy surveillance is acceptable to Soros. After all, Soros himself understands that his personality is very impulsive, very easy to go to extremes, and very easy to make crazy moves. It's also a good thing to have someone watching over you. Especially when the opponent is a "Wall Street myth" like Abby Cohen.
Sometimes, Soros also deliberately mobilizes some funds to attack a certain country, deliberately testing whether Abby Cohen can detect his actions, and challenging the authority and ability of the "Wall Street Myth". This is also a pleasure for Soros.
When Lin Feng hung up the phone, Soros took action.
"Your Excellency, the Philippine stock market suddenly started to rise sharply!" The Philippine Minister of Commerce rushed over.
Stocks are soaring! Arroyo was stunned, what's going on? How could stocks suddenly soar? You must know that since the food crisis in the Philippines, stocks have plummeted. Especially this time when facing Lin Feng, many investors are not optimistic about the future of the Philippines and believe that using the Philippines' national strength to confront Lin Feng is a dead end. Even if he doesn't die, he will be miserable. Therefore, the stock fell by 70% after Lin Feng issued a ban on grain sales to the Philippines.
According to analysis by Philippine financial experts, this situation will continue until the food crisis is over. Now, why did it suddenly rise?
"There are rumors in the market that Lin Feng's capital chain is beginning to break, and he can no longer support his food supply. Also, there are rumors that some international investors are optimistic about the current stock price of the Philippines, thinking that this is the lowest point in Philippine stocks, and they can buy them in large quantities. Profitable in the future!” explained the Minister of Commerce.
"Really? Is this source of information true?" Arroyo's eyes lit up. If Lin Feng's financial chain is really broken, it will be a really good thing for the Philippines, a huge good thing.
"I don't know if the rumors are true. They are being spread by the outside world. Moreover, Warren Buffett, the stock investor, has just invested in a telecommunications company in the Philippines, spending US$300 million to get 20% of the shares!" the Commerce Minister said, "I think Buffett He has always been the shrewdest. Since he dares to invest, it proves that even if the rumors are not 100% true, at least they are not false. "
"Haha, Buffett has also invested in our country, great! You know, Buffett never invests in foreign companies. It seems that Lin Feng's capital chain really has a problem this time!" Arroyo applauded loudly.
In the following days, Philippine stocks continued to rise crazily as rumored. The original price dropped by 70%, but this time it not only rose back, but also increased by 30% compared with the original stock price, and it is still rising all the way.
At the same time, Lin Feng also held a press conference, denounced the rumors that his capital chain was broken, and claimed that he still had a large amount of funds that could be used to purchase grain, and there would never be any financial problems. But just before Lin Feng finished speaking, a reporter broke the news that Lin Feng began to sell part of the grain in small batches. Although this rumor was quickly denied by Lin Feng, food prices in the international world began to slowly decline. This is enough to prove that it is true that Lin Feng sells food.
Amid such good news, Philippine stock prices continued to surge. It soon exceeded the highest level in history and rose directly to 6,200 points, and it is still rising all the way. At this time, the entire Philippines was filled with joy.
You must know that during this rising storm, most Filipinos used all the funds in their hands to buy stocks. It can be said that if all Filipinos sold all their stocks at this time, they would have made at least four to five times their profits. Many Filipinos even joked that no matter how much food prices rise, their stocks can rise even higher and they can earn more. There are even crazy investors who claim that they will no longer grow fruit and will only speculate in stocks. Because the money they earn from stock trading is enough for them to become super rich locally.
The Philippines is booming!
Although some experts questioned that there should be another mystery behind this surge, under all the favorable conditions and all Filipinos believed that they had defeated Lin Feng's malicious attempt to increase food prices, no one cared. And the stock price continues to rise!
At the same time, some people began to engage in loan sharking in the Philippines, lending money to Filipinos to buy stocks! At the same time, Lin Feng also held a press conference, denounced the rumors that his capital chain was broken, and claimed that he still had a large amount of funds that could be used to purchase grain, and there would never be any financial problems. But just before Lin Feng finished speaking, a reporter broke the news that Lin Feng began to sell part of the grain in small batches. Although this rumor was quickly denied by Lin Feng, food prices in the international world began to slowly decline. This is enough to prove that it is true that Lin Feng sells grain.
Amid such good news, Philippine stock prices continued to surge. It soon exceeded the highest level in history and rose directly to 6,200 points, and it is still rising all the way. At this time, the entire Philippines was filled with joy.
You must know that during this rising storm, most Filipinos used all the funds in their hands to buy stocks. It can be said that if all Filipinos sold all their stocks at this time, they would have made at least four to five times their profits. Many Filipinos even joked that no matter how much food prices rise, their stocks can rise even higher and they can earn more. There are even crazy investors who claim that they will no longer grow fruit and will only speculate in stocks. Because the money they earn from stock trading is enough for them to become super rich locally.
The Philippines is booming!
Although some experts questioned that there should be another mystery behind this surge, under all the favorable conditions and all Filipinos believed that they had defeated Lin Feng's malicious attempt to increase food prices, no one cared. And the stock price continues to rise!
At the same time, some people began to engage in loan sharking in the Philippines, lending money to Filipinos to buy stocks! ! .
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