Chapter 236: The Global Financial Turmoil (I)

As early as two years ago, Longteng Group continued to have funds invested in the stock market, and like other speculative capitalists, it made large-scale loans to major banks through the secret acquisition of some factories at low prices, and then entered the stock market through loans. In just two years, the U.S. stocks controlled by Longteng Group through various channels have reached a shocking level.

"What is the total value of our current total stock holdings?" James thought for a moment and asked Liu Qinglong.

"The statistics before yesterday showed that the total value of the stock was $830 million."

Although Liu Qinglong did not participate in the operation of the stock market, he still participated in the whole process, and he and James cooperated with each other in light and darkness to carry out this matter without leakage. James and Liu Qinglong are not financial talents, but there is no shortage of spies who are familiar with this way, even if they are not full-time traders, but they are not lost to those professional traders at all. Some things are not suitable for too many people to know, so many spies with a little knowledge of finance are sent to the United States to participate in this matter.

830 million US dollars, about 500 million if you calculate the profit alone. James is just satisfied, because after all, this is an underground activity, and there is no light, and in two years, such a result is already good. Coupled with the funds to be involved this time, I believe that it will definitely make the United States suffer for a long time.

Later, the United States lost 240 billion US dollars, and at that time, there was no Chen Shao, and the butterfly effect appeared again. This economic crisis, with Chen Shao eyeing him from behind, is estimated to end much more tragically. In order to be able to scrape the United States more ruthlessly this time, Chen Shao has been preparing for a long time and has prepared a lot of money.

830 million US dollars, plus a large amount of funds allocated by Longteng Group, this start-up capital can reach at least 2 billion US dollars, and those bag companies go to loans, and continue to turn over and over, this start-up capital will rise again.

One of Chen Shao's plans is to take a lot of money and use it to buy potential companies in the United States that have collapsed because of the economic crisis. Of course, Chen Shao will not let go of those industrial equipment in the United States, which China lacks. In this way, China is like riding on the head of the United States and absorbing its blood to enrich and strengthen itself.

With the launch of the Dragon One program, a huge amount of money slowly flowed into the U.S. stock market. This made the already thriving stock market, as if it had been stimulated, and continued to rise again, although the magnitude was not large, but it lasted for a long time. This made the stock market, which was already hot, usher in the first peak of purchases.

The stock market has risen again, and for the world financial market, especially the US stock market, the mainstream view of the entire West is optimistic and bullish, which has led to speculators going crazy, taking loans from banks and then entering the stock market to buy stocks.

Chen Shao has been paying attention to the leading plan since it was launched. Seeing that the stock market continues to rise every day, then goes down a little bit, it looks a little bit more natural, and then it goes up again. Every time he saw a stock market report, the corners of Chen Shao's mouth would curl slightly. There are still a few months left before the stock market crash, and Chen Shao also let go of James and let them deal with it. Anyway, this thing is also half-understood, and I can't plug it in if I want to. However, Chen Shao still understands some basic things.

If you enter the stock market with total assets, savings and loans of 3,000, the market value doubles, which is 6,000. You feel like you're rich, and you're going to pay for new products in installments. Let's say the price of the product is 2000. Well, you look like you still have $4,000 in wealth, but in fact, this figure is only based on the high stock price. Once it crashes, your actual wealth may not even be 1,000 yuan, then, because of installment shopping, the bank owes debts, and eventually leads to debt.

After a few months of operation, this money has grown invisibly and insanely, and under such stimulation, basically all Americans seem to have gone crazy, and a large amount of money has been pouring into the stock market continuously. At this time, even if there is no Chen Shao behind the back, the danger has become suspicious.

"I think it's okay to throw. By selling these stocks in installments, we can get out of the way. Liu Qinglong held back his excitement and analyzed: "According to the plan, we will pay off some overvalued factories and companies to the bank, and only a small part of the loan needs to be repaid." After deducting costs and capital losses, our actual surplus will be $4 billion."

"It's still a little bit less." James frowned slightly, if you want to absorb absolutely enough benefits in this storm of world economic crisis, you must not hold back, you must concentrate superior funds and attack decisively. "But we can do it quietly and sell in an orderly manner little by little every day. Who will detonate this economic crisis, in fact, is the same. As for the bank's debt, let's wait until after the disaster. James' simple point is that he doesn't mind paying back these loans if the banks are still there after the economic crisis.

According to James's estimates, there is still at least a little more than a month before the crisis really breaks out, and now is the time when the stock market is crazy, as long as you sell a little bit every day, it will not cause much turmoil at all. Although this will make a lot less money, but in order to prevent the water from being lost, it can only be so. If he doesn't, James has billions of stocks in his hands, and once these stocks are sold off in large quantities, there is a good chance that the stock market will crash early.

These billions are the results of Chen Shao's preparation for several years, if it is really lost, it is estimated that Chen Shao will even have the heart to die, although the capital in this is only about one billion, but now there are 4 billion earnings, and in Chen Shao's opinion, these money are already in his pocket. Once lost, it is equivalent to losing the money in his pocket. And it is that the more than one billion yuan is accumulated by Chen Shao saving a little bit every year, and he has made up so much after cutting many projects that are not in a hurry this year. If the money is gone, then Chen Shao can declare that the Chinese royal family can no longer maintain daily expenses.

After James made his decision, a small storm was set off, but the storm quickly disappeared into the frenzied stock market, as long as it was a sell-off stock, it didn't take long for it to be snapped up. Nearly 100 small companies controlled by Longteng Group, leather bag companies, sell a little bit every day, a whole month later, the stock market came to the largest **, although James has secretly sold nearly 10 billion, but because the amount of daily sales compared to the stock market acquisition, it is not enough to see, but it stimulates the growth of the stock market more. Many of these shares have been bought by large conglomerates, and James is happy to see them.

By the time James began to sell, industrial production in the United States began to trend downward, and the problem continued to intensify, but everyone was so attracted by the brilliant stock market that no one paid any attention to these problems.

In the next half month, James gradually increased the amount of selling, and in just half a month, all the stocks in his hands have been polished. However, in the past half a month, a large number of stocks have been sold, although they were quickly eaten, but it has also caused some people to worry, and some timid people have also sold off. However, these people are only a small handful, and they will not have much effect on the overall stock market situation.

At this time, the pathology of the stock market has begun to flash, and some large conglomerates have also seen the crisis inside. In fact, this crisis has been brewing for several years, and in the twenties of the twentieth century, the capitalist countries experienced a brief period of relative stability. countries recovered and developed their economies that had been devastated in the First World War; The incomplete gold standard system was restored, currency circulation was stabilized, and international trade also increased considerably. During this period, countries carried out large-scale renewal of fixed capital, and through "industrial rationalization", production developed and expanded rapidly, but the demand of working people to pay was relatively small. This cannot but produce sharp contradictions, which often cause enterprises to under-operate, resulting in a large number of unemployed workers. In the United States, for example, even in 1929, when the economy was at its peak, the operating rate was only 73 percent. At that time, the number of unemployed in the capitalist countries exceeded 10 million. However, the ruling classes of various countries, deceived by the false prosperity spectacle, still vigorously promote the theories and illusions of "permanent prosperity", and continue to expand investment and production, and the exchanges have also set off a speculative frenzy.

At this time, the various media outlets were even more vigorously advocating this kind of "eternal prosperity" argument, which was basically repeated every day, and every page of the newspaper was a huge dollar pattern. One of the cartoons describes in detail what it looks like today. In the first picture, a man takes the title deed to the bank for a mortgage. In the second picture, all the savings are pooled, plus the money from the mortgage property. In the third picture, the man walks into the stock exchange with the money. In the fourth picture, the man is lying directly on a pile of dollars.

This frenzied hype has made people even more crazy, and the newspaper reports are being realized one by one, coupled with the unemployment rate, people who can't find jobs are attracted to the stock exchange. They are just like the pictures depicted, just beginning to get sweet, then their ambitions grow bigger and bigger, and finally they turn into madness. Seeing the frenzied growth in the value of stocks, this frenzy has caused them to lose their minds and have put their worries behind them.

The major consortia that have sensed the crisis have already thought of getting rid of it, and some of the more far-sighted people are also aware of the huge crisis hidden behind this madness. But by the time they had just made a move, the crisis had already arrived. The financial turmoil that swept the world was born in their hands.

(To be continued)