I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 209 The Bald Eagle, in a fit of rage, arrests Alstom executives, escalating the confrontation.
It's nothing new for foreigners to change their policies so frequently. They proposed carbon neutrality to limit the economic development of developing countries, but then they announced they would abandon carbon neutrality because of the conflict between Russia and India, which caused energy shortages.

If the previous president joined an international organization, the next president may have to withdraw from that organization.

In the entire world, only China is a country that keeps its promises and is honest and trustworthy. If it says it will do something, it will definitely do it. It will not give up halfway, nor will it change its mind frequently.

Don't listen to Tusk's promises now; they may go back on their word in a while, or the next administration may overturn his policies and promises.

Therefore, when dealing with foreigners, you must prioritize immediate benefits and never think about long-term gains.

From another perspective, placing the factory domestically would maximize the benefits to the country, and at the very least, it would ensure that the workers employed would all be from China.

The Sihai Group's excellent benefits should of course be given to Chinese people, not foreigners.

Yang Chen said, "Forget about investing and setting up factories in EU countries. The various organizations there are enough to drive you crazy. Since you've put it this way, I can't very well refuse. I'm a pretty direct person, so I'll just state my conditions. If you can meet my conditions, I'll agree to help you and promise to successfully counterattack Wall Street. If you can't accept my conditions, then forget it."

The fact that Tusk made this call to Yang Chen shows that the EU is desperate and can accept Yang Chen's conditions as long as they are not too unreasonable.

“Alright, Mr. Yang, please go ahead,” Tusk said.

Yang Chen insisted on the principle that it's a fool not to take advantage of a bargain, saying, "I want to get back the funds and profits I used unconditionally. You have to give me the funds lost by the Wall Street Alliance, and give me another 100 billion euros. In addition, you will provide Sihai Investment with an interest-free loan of 500 billion euros."

Tusk was taken aback and quickly said, "Mr. Yang, isn't your appetite a bit too big? Where are we going to get 100 billion euros for you? Can you reduce it a little? A 500 billion euro interest-free loan is easy to arrange; the various banks can pool their resources and we can get it for you."

Yang Chen laughed and said, "What is this little bit of money compared to the wealth that Wall Street has plundered from you, and the impact it has had on your financial and economic order? I can at least guarantee that you will make a profit on your 800 billion euro investment, and that I can also stabilize the financial and economic order of your EU. Are you losing out by paying me a 100 billion euro appearance fee?"

To be honest, 100 billion euros is indeed too much.

However, Yang Chen was certain that the EU would give him the money, because anyone with a sound mind would accept the terms.

Tusk gritted his teeth and said, "Mr. Yang, can you guarantee that you can do what you just said?"

Yang Chen replied with great confidence: "Of course! If I fail to deliver, I will compensate you for whatever amount of money Wall Street has taken from you. That's how guaranteed my after-sales service is."

Tusk nodded and said, "Okay! I'll meet with the member states right away and discuss it. I'll contact you again when I have the results."

Yang Chen smiled and nodded, then hung up the phone.

Yang Chen had originally planned to take advantage of the EU, but he didn't expect them to give in so quickly that he didn't have a chance to act. Now that the opportunity has come, he must take the chance to squeeze them for money.

After suffering such a huge loss, the EU should be more obedient and behave itself.

At the EU member states' meeting, Tusk told everyone about Yang Chen's conditions and asked them to vote on whether to accept them.

Representatives from various countries immediately started arguing.

"Isn't he taking advantage of our misfortune? They keep saying we're descendants of robbers, but he's even more of a robber than a robber! Fuck!"

"But we really have no choice. Since he promised to compensate us for our losses if he can't keep his promise, what do we have to worry about?"

"But his behavior is definitely taking advantage of our misfortune. He asked us for 100 billion euros before the matter was even settled. Does he even know how much 100 billion euros is? He just dares to ask for it!"

"Alright, alright, 100 billion euros is a lot of money, but it's nothing compared to our losses and the subsequent negative impacts. Everyone should consider the issue from a macro perspective and not just focus on that 100 billion."

……

Time was of the essence, and Tusk didn't want to watch everyone continue arguing pointlessly.

“Alright, if you’re unsure, consult your families. We’ll vote in half an hour. I want to clarify beforehand that if the vote passes, the 27 member states and England will split the 100 billion euros equally. Those who voted against it or abstained will also have to share it equally. Please consider this carefully. The countdown begins now!” Tusk said.

Representatives from various countries quickly called home to ask whether they should accept the terms.

Half an hour later, Tusk announced the start of voting.

The EU's 27 member states, plus England, cast a total of 28 votes, with 16 in favor, 8 against, and 4 abstentions, and the resolution was passed.

Tusk announced: "16 votes in favor, 8 against, 4 abstentions, the resolution is passed. Everyone, call home now and transfer money to your EU accounts immediately. The faster we do this, the less damage we will suffer, and the less negative impact it will have on Europe's economic and financial order."

Although the countries that voted against it were reluctant to pay, they had no choice but to share the cost if they wanted to remain in the EU.

Soon, funds from various countries arrived one after another, and Tusk called Yang Chen again.

“Mr. Yang, we accept your terms and will transfer the money to you now. But we have a condition: you must sign an electronic contract with us, and all your promises must be written in black and white in the contract,” Tusk said.

Yang Chen replied with a smile, "No problem! I told you the after-sales service is guaranteed, so I'm not afraid to sign a contract with you."

The EU immediately prepared an electronic version of the agreement, which Yang Chen had the Ministry of Justice review word by word. Once it was confirmed that there were no problems, it was signed.

The EU immediately transferred funds to Yang Chen's international account, and the five major banks converted 10 billion euros into 777.37 billion dragon coins according to the real-time exchange rate and deposited them into Yang Chen's personal account.

The money has been received; it's time to get to work.

In order to more easily profit from Wall Street, Yang Chen deliberately posted a Weibo update.

"European stock markets have hit a low point, and now is the time to enter the market. The five major banks and I have prepared 1000 billion euros and 500 billion euros in reserve funds, ready to plunge into the European stock market and make a fortune. I previously said I would teach everyone how to short sell, but I gave up because the EU was so sincere. Now I will teach everyone how to go long, and I will only teach you once, so please pay attention."

Going long is the simplest approach; as long as there is enough capital to buy, even stocks on the verge of delisting can experience a surge and be revived.

Yang Chen has a well-established reputation and has never made a mistake. His Weibo post immediately attracted the attention of major domestic capital firms, who quickly raised funds to follow Yang Chen's lead and go long.

what?
Why did they believe Yang Chen?
That's what word-of-mouth is all about.

Yang Chen also shared his Weibo posts on TikTok, letting foreigners know that he was going long on EU stocks.

While Yang Chen's Weibo posts were circulating on foreign websites, Sihai Investment and the five major banks had already begun to buy large amounts of shares in several companies, including Deutsche Bank, that were being shorted by Wall Street investment banks such as BlackRock.

Yang Chen's operations were always simple yet effective. With the purchases by Sihai Investment and the five major banks, the stock prices of several companies, including Deutsche Bank, rebounded rapidly. Before Wall Street could make any move, the stock prices of these companies changed from falling to rising.

Seeing these companies' stock prices rise rapidly, other capital in China had no more concerns and rushed to throw money into the market to go long. If they couldn't buy shares of companies like Deutsche Bank, they would buy shares of other related companies. Driven by the overall market, the related stocks would also rise.

Executives at BlackRock and other companies were dumbfounded. Their short-selling orders had yielded profits of over 50%, but in the blink of an eye, all their short positions in stock index futures and short-selling stocks were trapped.

Carmen, the head of the Bald Eagle Financial Services Authority, immediately called Pacquiao, the president of BlackRock.

"What's going on? Why is Yang Chen helping the EU? Isn't he an ally of yours?" Carmen asked.

Pacquiao said helplessly, "I don't know either. I called Yang Chen several times, but his phone was always switched off."

Carmen cursed, "That damn Yang Chen! He's helping the EU to fleece you! How can there be such an unscrupulous person in this world? He said he was sorry and would make it up to you in the future, but now he's helping the EU against you. He's so disloyal!" Pacquiao replied, "If there's enough profit, who needs loyalty? I'll try calling again to see if I can get through. Bye."

After hanging up, Pacquiao called Yang Chen again.

He got through this time because Yang Chen had already completed the purchase and was now just waiting for BlackRock and other companies to cut their losses and leave, so he could answer the phone.

"Why is Mr. Pacquiao calling me if he's not trying to find a way to continue shorting?" Yang Chen asked with a smile.

Pacquiao angrily questioned, "Mr. Yang, are you even capable of this? Is this how you treat your allies?"

Yang Chen explained with a smile, "Sigh... there's nothing I can do, the EU has given just too much. If you were me, and the EU transferred 100 billion euros to your personal account to invite you to help, would you accept or refuse?"

Pacquiao said, "I understand the logic, but we're allies. Isn't what you're doing inappropriate? Our short selling was massive. We were already 50% profitable, but your actions have trapped us by 20%. The key is that this short selling has a strong political purpose. We must succeed, or the consequences will be severe. Do you understand what I mean?"

Yang Chen laughed heartily and said, "For me, all my operations are commercial investments conducted within the bounds of the law, without any political undertones. Therefore, your political motives are useless to me; I neither approve of them nor care about them. If there's nothing else, let's hang up; I'm going to sleep."

Pacquiao quickly asked, "Wait! How can you stop?"

"I can't take it! Just admit defeat this time. I'll find an excuse to help you earn it back later. That's all, I'm hanging up," Yang Chen replied, and immediately hung up the phone.

Pacquiao was so angry that he smashed his phone and immediately contacted the presidents of companies such as Goldman Sachs to discuss countermeasures.

European stock markets closed, and EU member state representatives looked at the market with satisfied smiles.

The German representative said, "We were fortunate to have suggested that everyone invite Yang Chen to help us this time, otherwise we would have been finished. It has been proven that Yang Chen is indeed powerful, and he never fails whether he is shorting or going long."

The French representative stated, "He's so powerful that he doesn't even need to do anything; a single tweet can turn the tide. That's the word-of-mouth effect of immense power. People all over the world believe in his strength. If he says to go long, everyone goes long. How could the stock price not rise?"

EU President Donald Tusk said with a smile, "Does anyone still think that 100 billion euros wasn't worth it? Our initial investment of 800 billion euros has already yielded a floating profit of over 230 billion euros. After deducting the 100 billion euros we gave to Yang Chen, we still made a net profit of over 130 billion euros. The key is that we successfully counterattacked, protecting the stability of Europe's financial and economic order and preventing the bald eagle from reaping huge profits. We earned much more than Yang Chen did."

Representatives from various countries nodded and smiled, all looking pleased.

BlackRock and other companies naturally cannot admit defeat immediately. Even if they were willing, the US government would not be, so they must continue to release negative news about the EU.

However, all the negative news about companies such as Volkswagen and Deutsche Bank that had been collected before had already been released, and the White Eagle government had also issued penalty notices to Deutsche Bank and others. BlackRock and other companies simply did not have any more negative news about these companies to use.

If there are no problems, then create problems.

Bald Eagles are notorious scoundrels, and these kinds of things are nothing to them.

Yang Chen had just gotten up when he saw some shocking news: the U.S. Department of Justice had arrested Pierucci, the Vice President of International Sales for the French Alstom Group, who was on a business trip to New York. The charge against him was that Pierucci had bribed an Indonesian judge 10 years ago.

Yang Chen thought he was seeing things. A Frenchman bribed an Indonesian judge 10 years ago, and neither of the two countries involved punished Pierucci. Why is the bald eagle meddling in his affairs?

Many countries do not allow cross-province or cross-regional law enforcement, nor do they allow "distant-sea fishing." So why the hell does the bald eagle have the right to interfere in cases from other countries?

Hey?
The bald eagle really has "reasons and evidence, and has laws to rely on," and their basis is the "Foreign Corruption Prevention Act."

What's the deal with this law?
Simply put, no matter where in the world or when, as long as a company has ever traded in Eagle Dollars, signed contracts in Eagle Dollars, or even just sent, received, or stored emails through an email server located in the Bald Eagle, the Bald Eagle government has jurisdiction over that company.

Isn't this blatant hegemony?
According to this law, since the Sihai Group has used Eagle Coin for transactions, they have jurisdiction over the Sihai Group and all its employees.

If they believe Yang Chen has broken the law, they can arrest him.

Isn't this utter bullshit?
This isn't just simple extraterritorial jurisdiction; it's outright bullying.

Yang Chen smiled. He guessed what the bald eagle was trying to do: to take the opportunity to suppress Alstom's stock price and make an example of it to warn the EU and other companies.

ICBC President Zhao Kun called Yang Chen and asked, "Chairman Yang, the US is acting without any martial ethics, using violence to arrest Alstom executives. Alstom's stock price is bound to collapse. I'm worried that other companies and the EU will compromise with the US, and then we'll be in big trouble."

Yang Chen smiled and said, "Don't worry, the EU won't compromise, and the stock price of the company we bought won't fall. The bald eagle's despicable tactics can't change the outcome. It's just that Alstom Group will suffer. This time, it's likely to be dismantled and broken up. It will probably have to sell its business to a bald eagle company to escape this disaster."

Zhao Kun said, "It's good that Chairman Yang is confident. It's a good thing that Alstom has been broken up. The EU has one less giant company, which gives our company more opportunities. Let them fight like dogs, as long as it doesn't affect our profits."

At that moment, BlackRock CEO Manny Pacquiao was having a video conference with CEOs of several other companies.

Pacquiao said with a smile, "When our government takes action, the whole world will know what that means. The EU and the other companies will definitely compromise and admit defeat."

Goldman Sachs President Winterkorn laughed and said, "Yang Chen thinks he can help the EU turn the tide and defeat us with his trading skills, haha... He doesn't understand politics, economics, or political finance at all."

JPMorgan Chase CEO Pinto followed up smugly, saying, "There's nothing the bald eagle can't get, and nothing the bald eagle can't do. We've got the EU wrapped around our little finger. Even Jesus couldn't save them, and Yang Chen certainly can't."

"Haha..." The CEOs burst into laughter.

Meanwhile, the EU held an emergency meeting overnight to discuss countermeasures.

The French representative said, "The bald eagle is clearly using political means to force us to compromise. If it dares to arrest Alstom executives today, it will dare to arrest Volkswagen executives tomorrow, and Deutsche Bank executives the day after. We must find a way to get Pierucci out, otherwise the bald eagle will arrest executives from other companies next."

The German representative said, "Don't be so dogmatic. The bald eagle is just trying to force us to admit defeat. I think we can't compromise. Once the bald eagle gets a taste of success, they'll think they can control us this way. In the future, if they want to take advantage of us, they can just arrest a company executive. Wouldn't the EU then be working for the bald eagle?"

President Tusk said, "We must prioritize the bigger picture and not compromise or admit defeat because of Pierucci. We absolutely cannot open this door, or we will have no future. This time, we must be firm; if necessary, we must break ties with the United States."

Apart from the French representative looking worried, other national representatives unanimously agreed with Tusk's point of view: the EU must take a tough stance against the bald eagle and absolutely cannot let the bald eagle think that it can control the EU in this way.

To be on the safe side, Tusk called Yang Chen.

"Mr. Yang, have you seen the news about the Alstom executives being captured by the Bald Eagles?" Tusk asked directly.

Yang Chen replied, "Yes, I'm looking at it now."

Tusk said, "We are prepared to fight to the bitter end and will absolutely not compromise with the bald eagle. Can you guarantee that the European stock market will not have problems?"

Yang Chen replied with a smile, "You're doing the right thing. We can't let them think they can deal with you this way. Don't worry, I can't guarantee anything else, but I've got the European stock market covered. Even God couldn't short it, I'm telling you!"

Tusk breathed a sigh of relief and said with a smile, "Alright, I'm relieved to hear Mr. Yang say that."

The EU issued a statement overnight in response to Pierucci's arrest, which was allegedly carried out under the extraterritorial jurisdiction of the European Union. The statement mainly contained the following two points:

First, the EU strongly protested the US's extraterritorial jurisdiction, stating that it does not recognize the relevant provisions of the US's Foreign Corrupt Practices Act and considers the US's actions illegal.

Secondly, the EU will absolutely not compromise and will join forces with Mr. Yang Chen to fight to the end. All investors should have full confidence in European finance and the economy.

(End of this chapter)