Starting Assets Increased By 10,000 Times
Chapter 180 The Trading War Begins!
After listening to Lao Zheng's words, Chen Yu also had a general idea of Man Guo's situation.
He looked at Lao Zheng and asked curiously:
"Could it be that you can't find support? Are you so bad that you can't even find an ally?"
"Brother Chen, you don't know. In fact, no matter whether it is a big country or a small country, the transfer of hundreds of millions of Chinese coins (for everyone's understanding, the currency will be unified in the future) is not given. What's more, it came very suddenly this time. , and the 2 billion Chinese yuan has already been collected after we found allies."
"That's it"
Chen Yu nodded, and then said: "Starting tomorrow, let me take over the selling of mandarin coins and national debt currencies on the market. If I can't stand it, you will use your reserve funds."
"Brother Chen, you."
Lao Zheng's face was immediately moved. At this time, Chen Yu was willing to take action, which was beyond his expectations.
Even countries or forces that are interested in helping their country are unwilling to take over the selling of MYR at this time, because the risk is too great!
Once you can't bear it, it's not so exaggerated that the received mangoes become white paper, but devaluation is a high probability.
To put it bluntly, taking over now is basically a loss-making business.
But at this time, Chen Yu was willing to take over. How could this not impress Zheng Jun?
Although Chen Yu may not be able to take over much, but at this time, it is already a help in the snow, and it is worthy of Zheng Jun's memory and gratitude for his actions.
"Brother Chen, thank you so much! I don't know how much money you have? Would you like to convert it into our mangit currency?"
"I have an international investment company, you don't need to worry about conversion or foreign exchange transactions, as for the funds."
Chen Yu said this, and then quickly calculated: He now has more than 210 million Huayuan in the system, and since he is determined to help Zheng Jun, he must go all out.
He decided to turn on lucky charms throughout the acquisition, which would definitely trigger a rebate on every consumption, and it was a one-to-one rebate.
At the end of the day, even if he only rebates once, he still has 420 million yuan in funds.
What's more, Chen Yu can buy at the same time with rebates. The more the other party sells, the faster his assets grow, which is faster than printing money!
It is no exaggeration to say: his funds are unlimited!
To be honest, what Chen Yu was worried about was not that he had insufficient funds, but that he was worried about the consequences of the funds being known to the world.
It is true that being the richest man in the world is very cool, but if the capital reaches billions or even tens of billions, it will be shocking, and it will not only cause everyone's admiration and surprise.
It may face persecution and control from many countries, including China.
No country wants to have a person out of control, including assets.
This is also where Chen Yu hesitates and struggles, not knowing where this degree is.
Zheng Jun stopped talking when he saw that Chen Yu had spoken halfway through, and could not help comforting:
"Brother Chen, don't be embarrassed, more money is less, at least it is a heart, and it is still worthy of our entire country's gratitude."
Chen Yu smiled. Since Zheng Jun misunderstood, he will no longer explain.
Anyway, he will know soon, and if he says it now, he may not believe it!
"Old Zheng, don't worry, I will try my best to help you get through this difficult time."
Hearing Chen Yu say this, although Zheng Jun was very moved, he didn't believe that Chen Yu could help them get through this difficult time.
"Thank you Brother Chen. If you can really help us get through this difficult time, half of Mango will be yours in the future. Let's eat first, there may be a currency sell-off in the evening, and you will be ready after dinner."
Zheng Jun's remarks are actually half-joking and half-serious. Who really has the strength to help Manguo get through this difficult time is to have the economic power of Manguo, but isn't he also half of Manguo?
"I'll give your son one last injection, and he'll be able to recover slowly after that."
After Chen Yu finished speaking, he took Lao Zheng's son to the treatment.
The experience faced by the country has long attracted the attention of many countries.
Many countries are also paying attention to the situation in Manchuria and have carried out news broadcasts.
However, very few ordinary people will pay attention to such financial news, so in many countries, only a small number of people are paying attention.
A financial channel in Huaguo also invited a financial expert that night to study and analyze the current situation in Manguo.
The ratings are not high, and this TV station is not surprised. The host is just a new and beautiful anchor, and even some viewers suspect that she is just a vase to increase the ratings.
At this time, the beautiful host named Wei Wei is asking the financial expert Xu Futian:
"Professor Xu, foreign exchange trading will start in ten minutes. Can you predict how much the currency of Manchuria will be sold this time? How much will it fall in the end?"
Xu Fupu pushed his glasses, then cleared his throat and said:
"According to the market situation in the country today, the situation of foreign exchange selling in the evening is not optimistic, and there will be a large number of countries who are worried about the devaluation of the renminbi and will sell. Now the country has used one billion Chinese yuan in reserve funds, and foreign exchange funds can be used up to three. billion yuan.
This time, the short-selling forces were very violent and sudden, and no country dared to guarantee the crisis of keeping the Manchurian country. It can be said that tonight Manguo will either withstand this wave of offensive and look for strong reinforcements, or the economic collapse will begin.”
Wei Wei asked curiously:
"Professor Xu, according to the results of the survey, the Kingdom of Manchuria has attracted many allies of the Allies, including our country, China, which has supported 100 million Chinese dollars, and their reserve funds have reached 2 billion Chinese dollars. Why are they still not confident to resist this short sale? How can a general power consortium have such strength to short a country with two billion yuan in reserves?"
Xu Spectrum nodded slightly, then looked at the camera and said:
"Presumably what you are asking is also a question that many viewers and friends are wondering. Let's simply say that the country's economy is relatively sluggish, and its foreign debt is more than its reserve funds.
Most of the 2 billion reserve funds this time are still borrowed. Even if they stand in front of them, they will not be able to repay them in a short time, and the economy will go backwards.
And once the economy collapses, domestic stock prices and housing prices plummet, and banks and major financial companies will bear the brunt of the brunt of a series of adverse reactions such as unemployment and corporate bankruptcy.
Domestic concerns cannot be resolved in a short time, not to mention that they still have foreign debts? Even if they catch up with the whole country, they will never be able to pay off their debts within ten years, and what about development! "
Hearing Professor Xu's words, everyone understood the current situation of Manguo.
At present, one Chinese currency can be exchanged for about five mangos. Once the economy of the country collapses, I am afraid that one Chinese currency can be exchanged for hundreds or even thousands of mangos in the future.
The interview continued, and soon it was time for foreign exchange trading.
Xu Quguang was refreshed, then looked at the mandarin currency trading interface on the screen, and began to introduce to everyone:
"As you can see, there is a backlog of sell orders before the transaction has started. Even the price of some sell orders is directly lowered by 5%, just for the first time.
Um? Some people pushed it down to 7%. 10% is already a very typical panic selling behavior. Everyone feels that once the economy of the country collapses, I am afraid that the RM will fall far more than 10%.”
Just as Professor Xu continued to explain, the transaction officially started, and Professor Xu also stared at the screen and began to explain:
"The transaction has started. Look, the price dropped by 7% at the opening, and there was a lot of selling pressure. The sellers have added up to more than 10 million Chinese yuan? What's going on? There are buyers who bought all the selling pressure in one go?
This. This is impossible! Are you still buying? The price actually stretched to a 1% increase in an instant, and it continues to increase. God! I bought 30 million Chinese yuan in one go.”
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