Body Chapter 938 Want More

I have to say that the damage caused by this "financial turmoil" to South Korea is really too great, and it has directly brought a "chill" to the foreign exchange market, the stock market, the housing market, and the bond market, and even the entire country has almost gone bankrupt.

In the end, in order to survive, the South Korean government knelt in front of the "American father" almost humiliatingly and applied for an IMF bailout loan. It is no exaggeration to say that this "kneeling" has completely wiped out the support of the Kim Yong-sam government among the South Korean people.

However, to put it mildly, doesn't Kim Yong-sam love South Korea more than these? Could it be that he, the president of South Korea, wants to beg others with a servile attitude? Doesn't he know that there is "poison" hidden behind this aid money? Is it ...... No, no, Kim Yong-sam, the president of South Korea, knows everything, even better than countless South Korean people!

People are in the rivers and lakes, and they can't help themselves!

Because he is the president of South Korea, and he carries the lives of tens of millions of South Koreans, he has only one way to go, even if the front is full of thorns, even if there is a minefield ahead, he will break through.

At this time, the South Korean government was faced with the front of Fund X and international financial speculators, and it no longer had the slightest ability to resist, and there was no way to do it except drink the "poisonous wine" of the US government and the International Monetary Fund.

In a word, Kim Yong-sam can't watch South Korea's economy completely crushed by the other side and the whole country go bankrupt anyway, right?

If that's the case, he, Kim Yong-sam, will really become a historical sinner, so although he knows that asking the U.S. government and the International Monetary Fund for help will definitely be infamous, and even the evaluation and reputation behind him will definitely not be good. However, for the sake of this country, let yourself bear all the infamy - this is the responsibility of a politician.

As a result, the South Korean government liberalized capital control and opened the securities market, which opened the door to Wall Street capital, and since then, South Korea's economic and financial markets have become a playground for Wall Street capital, where countless foreign investors have taken away the interests that originally belonged to South Korea.

Of course, after paying such a big price, the South Korean government finally saw what they had been longing for - the dollar!

The entry of the first batch of $105 aid loans really stopped the continuous decline of the Korean won in the foreign exchange market in an instant and stabilized the precarious situation. After all, after such a real sum of money is smashed into it, how can it not even be seen without seeing a splash?

What's more, at this time, SS Financial Holdings was busy distributing the spoils, and Fund X was naturally in a state of standby, and Fund X, the leading big brother, was not on board, and the international speculators who followed behind naturally did not have the courage to go up. Moreover, now the main force of X Fund has begun to launch a second wave of attacks in Southeast Asian countries such as Indonesia, the Philippines, and Malaysia, and the front is directed at Hong Kong.

However, despite the fact that the main force of Fund X has already cruised to Southeast Asia and Hong Kong, the partial troops who remain in South Korea can easily defeat the current South Korean finance. Do you think that it is too embarrassing for a country to get mixed up with the current situation? But this is the truth!

The subprime mortgage crisis in the United States, the sovereign debt crisis in Greece, the debt crisis in Spain, ...... In the face of such a financial crisis, which has become a general trend, a sovereign country has no choice but to bow its head and do low. Not to mention, South Korea can be said to be just holding its breath for a long time, and maybe one day it will be pulled out of the oxygen tube.

No, the South Korean government's servility and "soul selling" did not save South Korea from the current dangerous situation, and after more than 10 billion US dollars were smashed into it, the situation took a sharp turn for the worse again after only a period of stabilization.

The South Korean won suffered a heavy blow again in the exchange rate market, and the exchange rate of the South Korean won against the US dollar once again broke through the previous bottom line, 1500 to 1, 1600 to 1, 1700 to 1, and the South Korean government organized counterattacks at the round number mark, which could not withstand the plunge of the won at all. In the end, the won was directly hit to an all-time low of 1891 to 1, and at this point, the Korean foreign exchange market collapsed directly.

The collapse of the foreign exchange market was not the end, it was just the beginning, and the chain reaction soon swept in, and the stock market took the lead in reacting, throwing everyone a big face. As for the bond market and the housing market, not to mention, there is no need to say it at all, it is all tears if you talk too much.

This is not the most critical, the most critical thing is that the collapse of the foreign exchange market has directly led to the downgrading of South Korea's sovereign credit rating to the rank of garbage, with more than a billion dollars flowing out of the country every day, devouring the country's national wealth.

It was really tragic, but this tragic situation did not arouse the sympathy of the American masters and the International Monetary Fund, and even because of the deterioration of the situation in South Korea, the disbursement of the second batch of aid loans was directly postponed. I have to say that this is really bad, and it almost drives South Korea to its death.

The current South Korean government can really be said to be crying without tears, and not only has it not used the power of "American Dad" and the International Monetary Fund to save itself, but it has also lured the wolf into the house to put in so much foreign capital. You know, in just this short period of time, South Korean enterprises have been invaded by foreign capital, but who makes the family rich, what else can you do?

Faced with such a situation of internal and external difficulties, the members of Kim Yong-sam's government have gray hair, and it is clear that if this matter is not resolved, the South Korean government will not be far from being finished. You must know that now Kim Yong-sam's support rating among the South Korean people has dropped to the freezing point in history, and there is basically no surprise, he will definitely leave a "bad name" after leaving office.

To put it mildly, what can he do? He really has nothing to do! Although he is the president of South Korea, he is not a god!

At least, the "culprit" of this whole thing will definitely have a way to alleviate such a critical situation for the South Korean government at this time, and it will definitely not be "unhelpful" like the US government and the International Monetary Fund.

After all, the bell is still the bell tie!

This person is none other than Su Chenyu!

Although the "spoils sharing conference" made him eat with big shoulders and round waist, it was still not so enjoyable, because this guy wanted more - after all, he was more greedy!

In a word, Asia is the basic plate he circled......