novelones Chapter 113: Short-selling conference, Lao Suo thinks he can do it
Chapter 113: Short-selling conference, Lao Suo thinks he can do it
Lao Suo was watching TV and excitedly swung the baseball bat in his hand.
They bears are finally standing up.
In the 80s, when they were just emerging, their status on Wall Street was like that of a street rat.
As the leading brother, Robert said all his thoughts, it is just for them to be short-term!
If a company does not fool the public, how can it be easily shorted?
If there is no bubble in a country, how can there be an economic crisis?
They are just following the trend and are products born under the capitalist economy.
Now, their leader is openly clamoring to short a country, which is really cool!
This is the first person in history who dares to publicly short a country.
The target is Sakura Island, which ranks first in GDP!
Such a move is enough to be recorded in the annals of financial history and be talked about by future generations.
When he thought of this, he wanted to replace it.
Why am I not the one standing in front of the camera and shouting crazily?
Why wasn't I, Lao Suo, the one who issued the Jianghu Heroes Order?
But his mind still remained clear.
Cayman Fund and Proton Fund are both hedge funds, but they are not at the same level in terms of size.
The Proton Fund has developed rapidly in the past two years, and it must be thanks to the big brother who takes the lead.
Most of the funds that the other party refused to absorb were divided between him and Tiger Fund, and the remaining bits and pieces were left to a few people.
Therefore, Lao Suo, who felt Robert's call, immediately asked several fund managers under his command to mobilize all mobilizable and non-mobilizable funds to gather towards Sakura Island.
Countless international hot money also took action, including the founder of Tiger Fund.
Even some of the main players in the U.S. stock market have taken on incarnations and temporarily went to sea to act as international bandits.
They all hold the big brother's heart to eat meat, and they follow the idea of drinking soup and join the short party.
"Big brother is the messenger of justice. You can't trick us juniors."
Even though the scale of their family may be less than a hundred million US dollars, with dozens or hundreds of institutions added together, the power and amount of funds are a bit terrifying!
Anyway, as the general planner of the operation, Robert was terrified when he saw it. He had never realized that there were so many short sellers in the world.
Fortunately, he asked someone to withdraw funds from shorting the Japanese yen in advance, otherwise the huge amount of US dollar exchange could easily liquidate his position.
At this time, the Sakura Island consortium was still sleeping soundly. They didn't know that Beautiful Country had stolen some money and the army of hot money was already approaching the city.
The financial workers on duty (the international currency market is open 24 hours a day) shouted excitedly while looking at the sharply rising exchange rate.
They mistakenly thought that Wang Lei's strategy of raising interest rates was effective.
"Short sellers must have run out of yen because borrowing costs were too high, so they chose to mobilize funds from abroad."
"However, with such a large exchange rate range, these short sellers are probably really going to fight us!"
"Don't be afraid, Chairman Wang Lei said, we have the right time, right place and right people. As long as we persist in fighting a protracted war, we will win in the end. By then, all countries will recognize our status as financial hegemon, and the real estate bubble will naturally no longer be a bubble. !”
If Wang Lei were here, he would probably feel incredible. He had no idea that the slogans he shouted would spread so widely.
This is also thanks to Mie Yeyasu who spared no effort to use official media to build momentum for Wang Lei.
He felt that Wang Lei's words would give the people great confidence, so he quoted Wang Lei's words many times in interviews.
"Mr. Wang Lei, as the president of the Anti-Short Selling Association, will definitely lead us to the final victory!"
Early the next morning, the genius shone brightly.
The conglomerates, who were under one person on Sakura Island and had more than ten thousand people, climbed out of their warm beds shivering.
While cursing Ueno Heiji who informed him of the meeting, he asked the driver to take them to the emergency meeting that Wang Lei had temporarily initiated.
"It's so cold!" Heiji Ueno was ready to kill Wang Lei. He was the first one to be wrenched out of bed by Wang Lei.
He arrived at the venue before dawn.
Looking at the empty venue, Heiji Ueno was just short of a samurai sword. He wanted to challenge Wang Lei to a duel.
"Wang Lei, are you waiting for an opportunity to retaliate against me?"
"Ueno-kun, you misunderstood me. Please read this report before talking."
What Wang Lei was playing was the emergency report from TV Tokyo.
As mentioned before, TV Tokyo is inherently rebellious and is known as a risk assessment machine.
Its emergency report, something big must have happened!
What was playing on the TV was Robert's public outcry.
Before Ueno Heiji came to his senses, Wang Lei asked someone to call up the latest exchange rate report.
As the president of a commercial bank, Heiji Ueno naturally knows what this means.
Suddenly there was an illusion that the sky was falling.
At this time, he could not care less about personal grudges and grabbed Wang Lei's arm tightly:
"Sir, what should we do now?"
"Ueno-kun, now the organization has a very important task for you. The fate of the Yamato nation is in your hands!"
Ueno Heiji was so excited that his whole body trembled:
"Sir, if there is anything I can do, just tell me."
"Okay then, you call everyone now to inform everyone of the emergency meeting."
Ueno Heiji, who thought it was some important mission, felt completely unwell.
"Mr. Wang, why don't you fight yourself?" He felt that Wang Lei was cheating him.
"I have their address book and called early. It's really important for Mr. Hirano to hold an emergency meeting. The enemy doesn't have much time left for us."
He had no choice but to take out his address book and call them one after another.
Anyone who can become the talkative person of the group has a bit of a bad temper. He often greets Ueno Heiji's family as soon as he opens his mouth.
But fortunately, the matter is urgent and no one dares to be careless at this time.
Hence the opening scene.
A group of big entrepreneurs gathered together, looking at the rising exchange rate, with sad faces on their faces.
"The beautiful Chinese are so shameless. They can't beat them and they even try to sway them!"
They looked at Robert's high-spirited look and were helpless.
Sakura Island, which is now full of foam, is like a piece of delicious puffer fish meat. Everyone wants to take a bite, regardless of whether the puffer fish meat is poisonous or non-toxic.
Mie Yeyasu gave the latest foreign exchange trading status:
“Observable data show that in just four hours after Robert’s press conference, nearly US$300 billion in foreign exchange flowed into our financial markets, and this number is still rising.
Our currency is also constantly appreciating! "
The yen has become more valuable, but a room full of people cannot be happy.
This situation was unexpected for them. They never thought that the short sellers in the beautiful country would be so arrogant and dare to openly provoke.
The influx of these huge amounts of foreign exchange has put great pressure on them.
Everyone looked towards Wang Lei sitting in seat C, hoping that the president could lead them out of the predicament again.