Chapter 601: Strangling
"Damn it! Damn Umbrella! Damn Awen!"
"What a great opportunity! It doesn't matter whether we want to take over South Korea or Umbrella, but they won't cooperate!"
"Can't Four Stars find a way? Didn't they brag loudly before?"
"What can we do? They have already offended us badly by cooperating with us before. They already have deep resentment towards the chaebols. This time they can't save themselves."
"The key is that Yongsan and Busan are destroyed. Are we going to transfer Neon to deter them? It's too obvious. Umbrella is not a pushover."
“…”
As Umbrella began to release good news one after another, it began to use the huge amount of funds in its hands to force a pull.
The international speculators who were originally very happy now felt a little nervous.
Although the increase in South Korea's exchange rate will cause South Korea's products to lose international competitiveness, after all of South Korea's profitable foreign trade industries were wiped out by Umbrella, the negative impact has actually been greatly reduced!
In the past, South Korea would even build ships at a loss just to grab orders.
But now Umbrella still has a large number of platform orders, so it obviously doesn't matter.
After all, although Penglai has just started operating, just like the development of a city, the subsequent expansion and improvement can be said to be non-stop.
Add to that some ships that need to transport cargo, and it’s enough to feed shipyards around the world.
Now that there are no worries, and with the bundling agreement signed between Umbrella and South Korea, they have begun to fully cooperate this time as well.
Awen not only rejected the various calls from Da Piaoliang, but also directly released a series of coordinated economic policies, raising interest rates and starting to reduce liquidity.
And they are released continuously, wave after wave.
This led to South Korea starting to suck money while Umbrella also started to suck money. Using the chaebol as a springboard, they borrowed a huge amount of money with high leverage, but as soon as the speculators from South Korea and South Yuan made a move, all of it was sucked away, and South Korea's foreign exchange continued to rise.
Since they are preparing to engage in foreign exchange, those speculators naturally have high leverage, far exceeding that of the stock market and futures.
When the time comes, they have to pay it back!
It is just like the confrontation between Porsche and the short sellers when it acquired Volkswagen. When the stocks circulating in the market were squeezed by Porsche and the remaining liquid stocks were not enough to repay the short positions, those speculators who originally shorted the stock price could only drive up the price themselves and buy high-priced stocks to repay the debt.
Moreover, the short sellers who had originally cooperated with each other tacitly began to snatch the few remaining circulating stocks from each other, seeing who was slower, and started a game of musical chairs.
It directly pushed Volkswagen’s share price from 200 euros to 1,000 euros in a short period of time!
Short sellers lost more than 20 billion.
This time, Umbrella is actually in a similar situation. It needs to repay the South Goryeo and South Yuan that it short-borrowed.
But as prices rise, liquidity begins to decrease, and Umbrella's continued actions can ensure that it remains stable.
The short sellers who had come in droves and were united in purpose also started their own palace fighting drama...
"We must not retreat! We must fight to the end!"
"Yes! I don't believe that Umbrella can turn the world upside down!"
"Keep throwing, and smash hard! Victory will eventually belong to us!"
"Hehe, they just came up with a plan of 200 billion a year, there's no way they can have much money left."
"The chain reaction of South Korea's internal problems is irreversible!"
"They are powerless!"
“…”
The slogans were shouted loudly, and everyone said they would hold on.
But in private, they slowed down their selling speed and secretly started to buy up the Nanyuan that others were selling .
The former good brothers have all become rivals.
Now it depends on who runs faster and who suffers less loss!
The chaebols in South Korea who had been betting everything on the outcome were now in a state of panic.
Because the international speculators were not given much time this time, it was all thanks to the chaebols using their influence to find banks to quickly get the money out. In order to make up for their own losses, they also exchanged large amounts of money into US dollars here.
Anyway, as long as they defeat the enemy, they can use the cheap South Yuan to pay back the money, and then they will be able to make up for some of the impact they suffered from the impact of South Korea.
This time they didn't actually think about making more money. After all, their roots are still in South Korea, which will also be affected by the losses. This time they just want to collapse and force the authorities to compromise, and then gain greater power.
After all, money is only truly useful when it is exchanged for corresponding voice.
Moreover, at the beginning, they had the absolute lifeline of "food" in their hands, so they were not worried at all.
But now it turns out that there is no need to use any special means for liquidation. Umbrella only needs to officially announce a few pieces of news and then spend money!
Now all the tradable assets in hand have turned into US dollars, and a large amount of short-term debt funds have been borrowed. When the time comes to exchange them back for repayment, they will be slaughtered.
In the past, because the chaebols themselves were involved in every aspect of South Korea, South Korea would not let them die and would find various ways to keep them alive, or even continue to provide unlimited loans.
But after their betrayal this time, Umbrella, which was sharpening its knives nearby, was obviously going to take their place.
By then, Umbrella will be completely defeated and there will be nothing they can do even if they give up!
They can’t win by being shady, and they can’t win by being open. They don’t have as much money as the other party, and now the authorities are on their side.
It's all over!
…
"It's all due to greed."
Wang Yi looked at the bustling Seoul. From now on, this land will belong to Umbrella...
This will be a place that is even more thorough than Neon's control!
In fact, South Korea still has a lot of remaining problems, such as all the houses are rented.
However, these problems are not actually imminent. Using appropriate means to guide and provide "confidence" can greatly delay the problem.
At least the parallel world has not yet fully exploded in the next few years.
For example, if Umbrella cooperates with the authorities to temporarily heat up the housing market in South Korea, all parties will have confidence and can continue to move forward. It can also become a reservoir for absorbing liquidity and continue to increase the difficulty of repayment for those short sellers.
Anyway, Umbrella didn't intend to turn South Korea into some holy land on earth. It was just a dog. This way of dealing with it was enough.
But what’s interesting is that the New World was not affected much this time.
Since Jin Junliang was in control of the secular aspects, he pretended to obey and used the excuse of tight capital chain and did not lend out much.
This caused New World to suffer almost no losses, and it even made a small profit due to a rebound.
In addition, New World itself has some traditional businesses that are highly resistant to stress.
Compared with the nonchalant looks of those chaebols next to them, it seems like they are just watching the show from the sidelines.
Not only that, in order to fill the holes, many chaebols visited those who wanted to borrow money, and even offered a lot of high-quality assets as pressure.
This directly makes the new world feel like a pie in the sky.
After all, the New World is "our own people", so instead of letting Umbrella get away with it, it's better to let the New World get away with it!
With high-quality assets, New World can in turn obtain financial support from banks. With Awen's secret support for Jin Junliang, the gains during this period can be said to be second only to Umbrella!
After all, Awen also has concerns about Umbrella, and will secretly use Jin Junliang to defend himself.
On the other hand, the same goes for the chaebols and organizations that treat New World as their own!
In the future, New World may be the only chaebol left in South Korea, and other chaebols will be unable to survive.
Although I don't expect the New World to fight against Umbrella, at least it can be regarded as a nail in the coffin...
