I have a debt of 3 trillion, and my creditors are begging me not to die.
Chapter 211 Yang Chen successfully reverses Wall Street's fortunes, and the world mocks the bal
Chapter 211 Yang Chen successfully reverses Wall Street's fortunes, and the world mocks the bald eagle.
The higher-ups had instructed them to help Yang Chen successfully retaliate against Wall Street, so Li Daoming was naturally not threatened by Carmen's words.
"Hehe... Mr. Carmen, please understand our respective positions before speaking. We are China, not Europe, nor Japan or South Korea. You have no right to tell us how to behave. Not to mention you, even your president has no right to speak to us like that. The European stock market is an open market, allowing you to short sell, and naturally allowing Yang Chen to go long. Winning or losing depends on one's own ability. Don't act like a kindergarten child running to the teacher or parents to complain every time something happens," Li Daoming said with a smile.
Carmen immediately retorted, "Wouldn't it be better if our two countries joined forces to take over the EU? As the two strongest nations in the world, we can solve everything by cooperating. Why can't you align yourselves with us?"
"We are an independent and sovereign country, and Yang Chen is an independent and sovereign individual. We both have the right to decide how we act and how we speak. You have no right to point fingers at us, much less to order us around. If you want to win, show us your true abilities, and stop doing things that only three-year-olds do," Li Daoming said, and then hung up the phone.
Carmen was furious and slammed down the phone, then started swearing.
The US now has no other choice but to rely on the capabilities of companies like BlackRock.
But all the negative news that could be used for short selling has been released, the bald eagle has imposed tariffs on various industries in Europe, and has also made requests for review by central banks of various countries. What else can they do?
After BlackRock and other companies completed their replenishment, the company presidents held another meeting and then instructed the United States to continue its pressure on Europe.
That's how it is in capitalist countries; the government's will can be easily swayed by capital. It's no exaggeration to say that if the bald eagle authorities dare not cooperate with the demands of companies like BlackRock, they can forget about winning the next election.
The U.S. Department of Commerce issued another statement, effective immediately, increasing the prices of oil, natural gas, food, and blood products exported from the U.S. to the EU by 100%. At the same time, no other country is permitted to export these products to the EU. If any country insists on exporting them, the price must be higher than the U.S. price. Any country that disobeys the U.S. will face retaliation from the U.S., including the possibility of war.
Such a stern announcement should scare away investors who buy European stocks, right?
Regardless of the outcome, this announcement was met with ridicule from netizens worldwide as soon as it was released.
A German netizen commented: "Has the bald eagle abandoned even basic diplomatic etiquette? It's so rude. Even if they succeed in reaping the benefits after being forced to this point, no one will applaud them."
A French netizen commented: "The phrase 'furious and exasperated' perfectly describes the current state of the Bald Eagle. People all over the world can see that the Bald Eagle is nothing but a paper tiger, all bark and no bite. Yang Chen alone can force them to abandon even basic diplomatic etiquette."
A netizen commented: "Haha... Awesome! So awesome! Yang Chen, I love you. I want to give my wife to you to have a child. I will raise the child as my own, hoping he will be as successful as you in the future, so I can enjoy life. I never thought anyone could push the US to this point. The investment bankers on Wall Street must be ashamed right now, needing their government to do such an unethical thing to help them deal with Yang Chen. If the US goes this far and still ends up being fleeced by Yang Chen, then they will truly be laughed at by the whole world."
A South Korean netizen commented: "The bald eagle is serious. Why don't Yang Chen and the EU just admit defeat? Why push yourselves into a dead end? In this situation, whether you win or lose, the outcome will be dire. The bald eagle will definitely retaliate against you by any means necessary."
A Japanese netizen commented: "Sometimes I'm really ashamed that Koreans are Asian too. We're helpless to be bullied by the US, but we've never given up the idea of resistance. Koreans, on the other hand, have never thought of resistance; they always acknowledge the US as their father. I support Yang Chen winning; it's the glory of us Asians. Koreans will never have that kind of awareness."
……
One thing is clear from the comments of netizens from various countries: regardless of whether Wall Street wins or loses in the end, the bald eagle has already lost face.
At this time, Sihai Investment Department.
Zhao Jing, president of Sihai Investment, reported the latest sanctions imposed by the United States on the European Union to Yang Chen.
After listening, Yang Chen laughed and said, "Getting so worked up, forget about them. Let's continue. Agricultural Bank of China buys Shell, one-tenth of its position. China Construction Bank buys HSBC, one-tenth of its position..."
At this moment, the live stream chat is filled with comments.
"I have dual master's degrees in finance and economics. I think Mr. Yang can't turn the tide. You have no idea how ruthless these policies from the US are, and how strong the pressure on the market is. Let me put it this way: if these measures were targeted at China, the A-shares market would see a thousand stocks hitting their daily limit down tomorrow. Do you understand?"
"Boss Yang is so cool. No matter what moves the enemy makes, he just needs to maintain his own rhythm. Let him be strong, the breeze still caresses the mountain; let him be fierce, the bright moon still shines on the river. Boss Yang has demonstrated the true meaning of the Nine Yang Divine Skill to us with his actions."
"It's really strange. Why do these stocks skyrocket as soon as Mr. Yang buys them? The key is that not only do these companies' stock prices rise, but the overall market also rises along with them. Mr. Yang's reputation as a stock market guru is well-deserved. Whether he's shorting or going long, I've never seen him fail."
"The bald eagle has used every means possible. If Wall Street is still exploited by Mr. Yang, it will fall from its pedestal and no longer deserve to be the global financial center."
……
At that moment, the presidents of BlackRock and several other companies were having a video conference with the heads of the business and finance departments of the United States, monitoring the situation in the European stock and futures markets.
When they saw that the bald eagle's newly announced policy of suppressing the EU had not even made a ripple, and the stock prices of the companies they had shorted and the stock markets of various European countries were soaring, they all completely lost their composure.
"Fuck! Fuck! Can anyone tell me why this is happening? Why are these severe crackdown measures having no effect at all? Can anyone tell me why? Even if God came, he couldn't save the stock markets of all European countries in the face of this series of crackdown policies!" Carmen, the Minister of Finance, roared hysterically.
Commerce Secretary Reventon said, "Now I believe what Yang Chen said. Even if God came, he wouldn't be able to short European stocks. I thought he was just boasting before, but now it seems he was telling the truth. Sigh... We've tried everything, but we still can't suppress European stocks. We can't just announce a break in diplomatic relations with EU countries, can we?"
Goldman Sachs CEO Winterkorn said, "Oh no, we've reached our liquidation line again. Should we add to our position?"
By this time, they had accumulated losses of 55%, approximately 750 billion euros.
They now face only two choices: continue to buy more shares and hold on, or cut their losses and leave the market.
The other CEOs remained silent. They certainly didn't want to cut their losses and leave, but they lacked the courage and confidence to continue buying more shares and holding on. So they could only keep quiet.
Stock prices don't wait for anyone. In the short time they hesitated, all their short positions had already hit the liquidation line, and the traders from various companies were calling their bosses to ask for instructions on what to do next.
BlackRock CEO Manny Pacquiao sighed and said, "Sigh... I know Yang Chen's capabilities. If he doesn't give us a way out, no matter how much money we add to our positions, we'll be fleeced. Forget it, let's just accept our fate."
Carmen immediately said, "But you've already tied up so much money. If you admit defeat now, you'll lose it all! And admitting defeat isn't just about you losing money; it's also about our country losing face. I can already imagine how netizens all over the world will laugh at us. Gentlemen, please think of another way. We really can't admit defeat!"
Vanguard CEO Barkley immediately retorted, "Fuck! 750 billion euros! Do you think we want to lose that money? If it weren't for your so-called face and honor, forcing us to short the EU, would we be in this situation? You want us to keep holding on? Fine, the national treasury will allocate funds for us to continue averaging down. As long as you keep allocating funds, we'll keep averaging down and holding on. Is that okay?"
Carmen immediately replied, "If I could decide to allocate funds to you from the national treasury, I would do so without hesitation. Unfortunately, I don't have that power, I..."
JPMorgan Chase CEO Pinto immediately interrupted, "You don't have that authority. What nonsense are you spouting? We can't keep going like this. We're cutting our losses and leaving! What kind of face or honor is this? You expect us to spend our own money to maintain your face? What kind of nonsense is this?"
Carmen was speechless after being confronted, and Reventon from the Department of Commerce didn't dare to breathe. She knew that all the presidents were desperate after losing, and that remaining silent was the wisest course of action at this moment.
Carmen quickly called the president's office to report the situation. About ten minutes later, the other party called back and agreed that BlackRock and several other companies should concede and leave.
Carmen sighed helplessly, then said, "Gentlemen, let's do it your way."
Pacquiao and the others sighed helplessly and immediately notified their traders to cut their losses and leave the market.
“Cut your losses, clear out your inventory!” Pacquiao said.
"Close out the position and concede defeat!" Pinto said. ...
Hearing the CEOs give the order to cut losses and clear out inventory with great distress, Carmen and the other department heads of the White Eagle family were speechless with grief.
The fact that they lost despite pooling the nation's resources was a huge blow to their confidence and could even be said to have overturned their worldview.
At this time, Sihai Investment Department.
Trading manager Chen Chao shouted, "Chairman Yang, there's an unusual movement in the order book. There's a large amount of buying in; it must be Wall Street buying and closing out their positions."
Yang Chen laughed and said, "Really? They gave up so quickly. I thought they could keep going so I could make more money. I'll call the brokerages in Europe to check if BlackRock and other companies have liquidated their positions."
Chen Chao nodded and immediately called major European securities firms to verify.
The answer came quickly, and Chen Chao excitedly told Yang Chen, "Chairman Yang, it's been verified. It's true that BlackRock and several other companies bought in and closed out their positions. Haha... They cut their losses and admitted defeat, we won!"
Everyone applauded and cheered. This victory was of extraordinary significance and would surely be recorded in the history of world financial investment. Yang Chen single-handedly turned the tables on the Wall Street alliance, which had the full support of the White Eagle. Not only did he make the Wall Street alliance lose tens of billions of euros, but he also made the White Eagle lose face in front of people all over the world.
ICBC President Zhao Kun laughed loudly: "Haha... Chairman Yang, if you continue to develop like this, you'll definitely end up in history books."
Wang Wanli, president of Longguo Bank, followed up, saying, "I think Chairman Yang should not only be included in history books, but also in textbooks on finance and investment."
"We hope that history books will record that our five banks were Chairman Yang's staunch allies; that would be a great honor for us," said Li Wei, president of China Construction Bank.
"Haha..." Everyone burst into laughter.
At this moment, EU President Donald Tusk sent Yang Chen a video conference request.
Yang Chen accepted the request, and Tusk immediately said, "Mr. Yang, Wall Street has cut its losses and left. We won! We won! Haha..."
Yang Chen smiled and said, "Calm down, calm down. I told you long ago that even if God came, he wouldn't be able to short the European stock market. I'm just fulfilling my promise, there's nothing to get excited about."
Tusk laughed heartily and said, "There's nothing to be excited about for Mr. Yang, but we can't help but be excited. This successful counter-exploitation of Wall Street not only prevented us from being exploited, but also gave investors around the world confidence in the European market. European stock markets will definitely continue to rise in the future. This is all thanks to Mr. Yang, and we will always remember it."
Yang Chen said, "No need, no need. It's a transaction between us. You pay me, and I do things for you. You don't need to remember me. It's getting late, and I need to rest too. Let's stop here."
Tusk quickly replied, "Okay, okay, let's stop here then. Good night, Mr. Yang, and sweet dreams."
Tusk hung up the video call, and Yang Chen exchanged a few pleasantries with the bank presidents before also leaving the video conference.
Chen Xi said with a smile, "Chairman Yang, the netizens all want you to say a few words. Would you like to say a few words?"
Yang Chen smiled at the camera and said, "Hello everyone, thank you for your attention. Please continue to support Sihai Group's products in the future."
Barrage.
"Mr. Yang is awesome! Can you launch a product similar to Yu'ebao? We want to make money with you."
"Sihai's products offer the best value for money, so we must support them."
"The bald eagle did everything it could, but in the end it still lost to Boss Yang. I can't find the right words to describe how awesome Boss Yang is. Hurry up and expand the company, I want to work for you."
……
Yang Chen smiled and said, "We will be expanding our business further, so please keep an eye on our recruitment announcements. It's getting late, I need to go home and rest. Goodnight, everyone."
Yang Chen waved to the camera, and Chen Xi then turned off the live stream.
At this time, the bald eagle's home.
The negative impact of Yang Chen and the EU's anti-harvesting measures on several companies, including BlackRock, has become apparent, with the stock prices of these companies all collapsing and falling by more than 20%.
These are the most representative investment companies of the Bald Eagle Group, and they all have large market capitalizations. Their stock price collapse directly led to the collapse of the entire financial sector, which in turn caused the entire market to collapse.
Despite the desperate surge in tech companies like Nvidia and Apple, the market couldn't be pulled up. Eventually, retail investors in the tech sector were scared off by the overall market downturn and started shorting, further exacerbating the market's downward trend.
When the Bald Eagle stock market closed, the market had fallen by 25 points, and the share prices of investment banks such as Goldman Sachs had fallen by more than 20 points, setting a new record for the largest single-day drop in the Bald Eagle stock market.
An old man's angry shouts came from the president's office.
"Fuck! Fuck! We mobilized the entire nation to fight this, and we still lost so badly! Aren't these investment banks usually so powerful? Why are they completely useless this time?! Now the whole world is laughing at us, where do we put our faces?! Fuck! Fuck!"
Although there were many people in the office at that moment, the office fell silent after the voice finished cursing.
News of Yang Chen helping the EU successfully counter the exploitation of the European Union spread rapidly on platforms such as Twitter, YouTube, and TikTok, quickly topping the trending lists on these platforms.
South Korean netizens: What happened? Why did they lose so badly? Aren't Wall Street investment banks supposed to be powerful? BlackRock manages trillions of dollars in assets globally, so why couldn't they beat Yang Chen even with the full support of other financial giants? If none of you can beat Yang Chen, who else can we rely on? Can't you guys put in a little more effort?
Japanese netizens commented: "Great! This is a shining moment for Asians. All Asians should applaud, except for those who are willing to be dogs of the bald eagle."
A netizen from the Sand Kingdom commented: Haha... As expected of my idol, Mr. Yang is amazing. The Bald Eagle used all its tricks but could not escape being harvested. Mr. Yang has shown the world a lesson with his actions: the Bald Eagle is not invincible, and Wall Street financial groups can also be harvested.
A netizen from the Bald Eagle commented: "This is terrible. Those idiots have messed things up again. This time we've lost both money and face. Europe used to be our lackey, but now relations are completely strained. I told you those idiots had no political intelligence whatsoever; now nobody's going to disagree."
A German netizen commented: "Well done, Yang Chen! You are our friend, a benefactor to us Europeans. From now on, we are allies. We must unite closely. If the bald eagle dares to touch us again, we will retaliate together. I'm already planning a trip to China. I also want to visit the Sihai Group. If I could meet Mr. Yang in person, that would be the greatest honor of my life."
……
Following Yang Chen's collaboration with the EU to combat the Wall Street fraud, Europeans' goodwill towards Yang Chen and China has soared. Many are preparing to travel to China, which has boosted sales of the Sihai Real-Time Translation Glasses, and tickets for various airlines are in high demand.
The moment of harvest has arrived. Sihai Investment and the five major banks have liquidated their shares in European companies and transferred all funds back to China for accounting and dividend distribution.
(End of this chapter)
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