After Su Chenyu reached an exchange of interests with Greenspan, X Fund decisively withdrew its high-pressure pressure on South Korea's financial economy and stood by in a state of standby.

In other words, the sudden move of X Fund really stunned many people, you know, judging from the previous actions of X Fund, everyone thought that the attack on South Korea was really just around the corner. After all, Fund X had almost exhausted its entire fist, just waiting for the blow to be fatal.

However, who would have thought that in the end, such a result?—— Lao Tzu's pants were taken off, you show me this?

However, although there was an embarrassing "tiger and snake tail" in the drama of X Fund here, the American consortiums over there officially took the stage and began their performances.

The end result of a new round of negotiations between the desperate South Korean government and the International Monetary Fund on aid was naturally very unsatisfactory, and the IMF was asking too harsh – to close 12 banks first, and then set economic targets for the next year as the IMF knew.

, if this condition is agreed, then the South Korean government is really in the brain, and it is completely handing over its life and death to the International Monetary Fund.

There is no doubt that this is absolutely unacceptable to the South Korean government, but it seems that there is no other way for them to go.

Life is often so helpless!

On the one hand, he lowered his head to catch his breath, and on the other hand, he was beaten to the bankruptcy of the country's economy, so it seems that there is no more hesitation at all.

The IMF's assistance must be obtained, and if it is not obtained, then it is really not far from death, and the soldiers of the X Fund are waiting at the entrance of the "country". However, that kind of condition is really too harsh, and the South Korean government really can't do it, maybe it can't, it really can't agree. As a result, the South Korean government hopes that the "American father" can help it maneuver and let the conditions on the IMF's side be a little more relaxed.

Hehe, I have to say that the South Korean government is really thinking too much, because the IMF and the United States are completely "a nest of snakes and rats", and even this time, it is just to let it come out first to fight the front station.

Sure enough, just as the South Korean government was preparing to turn to "American Daddy" for help, Federal Reserve Chairman Alan Greenspan made a very hawkish speech - "Asia needs to accelerate the realization of a new economic system that encourages private investment".

This seems to have nothing to do with the South Korean government, but the South Korean side knows too well what Greenspan, the old Jewish man, means. At the beginning of the "financial crisis", the South Korean government had already asked the International Monetary Fund and the United States for help, and the other side demanded that South Korea open its doors and let more investment enter the domestic economic system.

At that time, the South Korean government thought that it could withstand this "financial turmoil" with its own ability, but who knew that it would be so miserable, it was simply a complete defeat.

In this way, there is no way, in the face of the current situation, the South Korean government can only pinch its nose and admit it even if it is unhappy, because shortly after Greenspan's speech, the "sharp sword" that has been hanging over its head - X Fund suddenly became ready to move. It seems that Fund X is entering a very dangerous period of agitation after a short lull period, but this is fatal for the South Korean government.

As a result, although there are 10,000 grass and mud horses in its heart, the South Korean government can really only pinch its nose and admit it - holding trilateral talks with the US government and the International Monetary Fund.

After two days of negotiations, the South Korean government finally gave in......

The South Korean government has reached a $57 billion bailout deal with the International Monetary Fund, and there is no doubt that the money was not taken for nothing, but came at a bloody price.

To this end, the South Korean government accepted the International Monetary Fund (IMF) and, of course, the U.S. government's two major conditions – first, it must protect the interests of creditors and implement an economic austerity program at home, and second, South Korea's business model and economy need to be reformed under the guidance of the United States.

It has to be said that these two conditions can be regarded as hooligan conditions, especially the first condition is completely a wanton trampling on the interests of ordinary South Korean people, so as to completely transfer the losses of South Korean interest groups to ordinary people.

Therefore, in the European debt crisis in later generations, the Greeks were quite stubborn and just lay down and didn't do it, Lao Tzu definitely couldn't accept your condition - quite backbone. Of course, Greece also paid a terrible price for its backbone, that is, Greece is really bankrupt, the sovereign debt is bankrupt, and the whole country is directly GG.

There is no doubt that South Korea absolutely does not have this kind of backbone, and besides, the South Korean government has not been kneeling to the "American father" for a day or two, but this time it is just kneeling more humblely. However, this kneeling can save South Korea, which is about to go bankrupt, so why not?

As for the interests of the South Korean people, who cares?

You know, South Korea is also a country with standard corporate politics, even more rampant than the United States. Besides, at this point when the country is in crisis, shouldn't the people take over for the country?

If the first is to talk about the interests of the South Korean people, then the second is to cut the cake of the South Korean chaebols, and the business model under the guidance of the United States should be asked? This can be seen in the regulations on foreign investment management that South Korea has since revised.

First of all, South Korea has liberalized its capital market, implemented a high degree of liberalization, and opened up its securities market, which is completely convenient for Wall Street capital. In addition, the proportion of foreign investment in South Korean enterprises has increased from 25% to 50%, which can be regarded as a complete liberalization of foreign investment control of enterprises. In addition, in order to thank Japan for its help, the South Korean government needs to open up a larger market for Japanese products, which can be regarded as a reward.

There is no doubt that in this way, South Korea has completely fallen, and then, Wall Street capital is like a wild horse that has escaped from the wild, and it is the fruit of their victory.

However, what about South Korea after paying such a huge price?

Hehe, I have to say, they are really naïve......