Chapter 40: Soros's Derby (1)

AJX48's national tour continues, and together with the song "Hand Paper ~拝启fifteenの君へ~", the storm they have set off nationwide is still continuing.

The AJX48 girls who failed to make it to the top 54 and the fourth-term students of AJX48 have practiced hard, practiced and practiced, yes, what else can they do!

The unwillingness to not be selected and the unwillingness to fail to catch up with the first AJX48 single selection contest gathered in one place, coupled with the excitement of so-called hanging tail cars such as Takako Uehara and Wakana Otaki to appear in TBS's latest variety show "Spice Girl Apron", these children are about to go crazy.

Even at the AJX48 Grand Theater in Tamagawa, there weren't many people who came to the theater, but they still performed hard.

Other than that, what else can be done, what else can be done?

That kind of strong unwillingness is eroding their hearts all the time.

Because of this introduced competition mechanism, the 48 series is undergoing subtle changes.

While the AJX48 storm in Japan had not yet receded, the South Korean side ushered in the final storm attack.

South Korea's banking industry has suffered the largest solvency crisis in history because it cannot withstand the huge financial loopholes brought about by the bankruptcy of major chaebols. The South Korean government's strained foreign exchange reserves are powerless in the face of $65 billion in accumulated external debt, let alone supporting the entire banking sector in South Korea, and the South Korean government is even in a problem of self-insurance. Without the government's backing, South Korea's banking industry began to seek overseas financing, but the octopus-like overseas expansion plans of South Korea's major chaebols and the collapse of the financial crisis have left South Korea's banking industry in the process of overseas financing.

No one is optimistic about South Korea's banking sector at all.

Another reason for this phenomenon is that the hot money that used to wander in Southeast Asia killed a horse gun in mid-October, and now South Korea is standing on the edge of the cliff.

In mid-November, South Korea's current vice premier and finance minister, Kang Kyung-suk, was relieved of his post. Minister of Trade and Minister of Trade Lim Chang-yeol took over the hot potato of the Vice Premier and the Minister of Finance and Economics from him. Since then, the IMF has been involved in the Korean financial crisis. In order to maximize the benefits of the South Korean financial crisis, the U.S. government said that after the IMF (International Monetary Fund) began to assist South Korea, the United States will not give South Korea any assistance outside the framework of the IMF. As for Japan, in order to cooperate with the layout of the Mitsui Foundation and the Tanaka Foundation in South Korea, after temporarily saving the Samsung Group, Japan will also not extend a helping hand to South Korea. What's more, the economic crisis has affected the entire Southeast Asia. Japan has only just recovered from the blow of its disappearance for 10 years, and this time, in any case, it will have to make every effort to block the impact of the Southeast Asian financial crisis on the Japanese archipelago. The reasons of the Doi cabinet are very sufficient, and Lin Changyeol has no room for refutation at all.

It's just that after Samsung Group was pulled back from the edge of the cliff, the debts borne by Samsung Group have not been resolved at all! Yes~ Not only has it not been resolved, but because of the annexation of Hanbao, Kia and Daewoo, Samsung Group's debt ratio is heavier. It's just that behind such a debt ratio. With the support of JR Investment, the abacus of the ten-year repayment plan is clanging. The problem is, South Korea's banking industry can't wait 10 years, no. They can't afford to wait a year.

Now the Samsung Group, which has become a Korean giant, has a rogue character, and wants me to pay it back now? No way!

Unless you split Samsung directly.

But to break up the Samsung Group? Then it also depends on whether the South Korean government agrees or not!

Samsung Group's position in South Korea is much more important today than it used to be.

Besides, it's not that we Samsung don't pay back.

A ten-year plan, but you agreed!

Want to go back? Let's take the penalty first.

Ms. Leslie, who came forward to negotiate, was not in Lin Changyeol's eyes at all. In the eyes of South Koreans, he may be the vice prime minister and the minister of finance, but in Ms. Leslie's eyes. Lin Changlie is now a firefighter at all, but this firefighter doesn't even have a fire extinguisher in his hand.

Lim Chang-yeol, who had a bad time at Samsung and JR Investment, turned to the IMF, and the IMF's chairman, Michel Condesus, directly threw out a reform package, which even included the implementation of two deceitful slave treaties with high interest rates of up to 30% and GDP growth of less than 3%.

Lin Changlie was so angry that he scolded his mother directly!

But he couldn't do anything about it.

Without external assistance, as soon as the big four banks collapse, the whole of Korea will collapse completely.

Just when Lin Changlie was so anxious that his mouth was bubbling and he was so crazy that he jumped off the building, Samsung took a turn for the better.

A plan for the consolidation of South Korea's banking industry was sent to him.

Led by Samsung Group, the four major banks in Korea, namely Choheung Bank, Foreign Exchange Bank, First Bank and Koram Bank, merged to form Samsung United Bank. At the same time, the share of shares in listed companies that can be owned by foreign companies has been increased from 26% to 50%, and the shares of companies that can be owned by foreign individuals have been increased from 7% to 50%. At the same time, to comprehensively rectify the Korean financial industry, on the one hand, Korean companies must use international accounting principles, financial institutions must be audited by international accounting firms, and the Central Bank of Korea must be spun off from the government and operate independently. Under the existing full capital account, the principle of free convertibility is applied in the money market, the import licensing process is transparent, and the corporate structure is included in the monitoring mechanism, among other things.

Although such a contract is still excessive, compared with the IMF's package, although this plan has had a huge impact on South Korea's financial and banking industries to a certain extent, it can also be said to be completely staggered because it has a considerable degree of pertinence for the rectification of South Korea's financial industry, and can quickly bring South Korea's financial and banking industries on the right track.

As for the foreign share of the company's shares, this is not a critical issue!

Lim Chang-yeol is willing to believe that South Korean companies have a level of self-esteem that is completely unmatched by other countries.

In addition, with Samsung Bank, which was established by the merger of the four major banks, as a transit point for funds, the major Korean companies standing on the edge of the cliff will be injected with a shot of strength.

Half a month after receiving the olive branch handed by the Samsung Group, the Kim Yong-sam government accepted the Samsung Group's proposal. South Korea's four major banks have entered the process of mergers and acquisitions!

Samsung Union Bank is about to come out.

When the IMF learned the news, it was completely angry!

This was a once-in-a-century opportunity to capture South Korea, but it was actually preempted by Japan, which was hiding on the side.

Really, what a white-eyed wolf!

For this reason, the United States, which had been friendly to JR investment, began to frequently come forward to trouble JR investment.

It's just that the flow of funds from JR Investment has been transferred to the King's Fund, which is an offshore fund belonging to the Cayman Islands, and for a while, the U.S. government wants to move JR Investment, and there is really not much way to do it. What's more, the tentacles of JR investment have extended to major American companies, Apple, Coca-Cola, Pepsi, Dell, Oracle, ABC, DreamWorks, Texas Oil, etc., the huge network of huge interest groups behind JR's investment is intertwined, which cannot be underestimated at all, and behind JR investment, there is still a group of Jews. It is a well-known fact that the economic lifeblood of the United States is completely in the hands of the Jews.

Therefore, the IMF and the U.S. government have no other way than to stare at the peach of South Korea in conjunction with JR Investment and Samsung Bank.

However, if you want to talk about picking peaches, this statement is not right, how to say that Mobius has also been lurking in South Korea for ten years, and I am afraid that the IMF is right if he really wants to pick peaches.

Aiko Mitsui got her wish, and with the strength of Japan's United Credit Bank and Mitsui Foundation, together with Samsung Group, she became a leader in the Korean banking industry.

By the time this all happened, Robert Soros had already left what he called the country of androids and flown to Hong Kong, one of the four Asian tigers.

The financial turmoil in South Korea began to gradually ease with the emergence of the plan to form Samsung United Credit Bank.

Overseas funds, which have been staying in K shares, began to slowly withdraw.

With the withdrawal of large short-selling buyers, the K-share index has rebounded strongly, led by Samsung Group, a unique and strong stock.

If you don't leave at this time, I'm afraid that in the end, I don't know how to die.

History has taken a small turn.

Hong Kong became the last stop of the Asian financial crisis.

International tourists fleeing South Korea gathered in Hong Kong as quickly as possible within a week, and the Hang Seng Index saw a slight fluctuation.

The reason why Hong Kong was chosen as the last leg of the attack was that Soros was not completely sure that he would capture Hong Kong. On the one hand, it is because the scale of international travel capital like this group of leeches has not yet reached the maximum, and it cannot play a trend like devastating and decaying, and after the return to China, the Chinese government attaches great importance to Hong Kong, and because the Chinese government's financial system is not as open as South Korea, Soros is completely unsure of its temper. Unless the total amount of international travel he leads is beyond imagination! On the other hand, it is also because of JR Investments and the King Fund. Soros has investigated the ** relationship between the King's Fund and the Chinese government, who can't predict which side the King's Foundation will be on in this last battle! What it was now, it's completely different now. After extending a helping hand to South Korea, the total liquidity of the King's Fund has been depleted a lot, and even if the current King's Fund wants to stop him, George Soros is confident that the huge warship will be completely sunk.

Yes, completely sunk! (To be continued......)