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

Chapter 290: 660 Billion Eagle Dollars Vanish in Japan, Yang Chen Drags the White-Headed Eagle Down with Him
If the hedge fund of the Agriculture and Forestry Treasury is liquidated due to a margin call, 660 billion Eagle Dollars of wealth will vanish, representing the hard-earned savings of tens of thousands of people. The consequences would be catastrophic.

Therefore, Ichiro Kimura, head of foreign exchange investment management at Sakura International, accepted the request from fund manager Seita Kuraki and immediately initiated the process of increasing holdings of Eagle Bonds. They would buy as many as China sold, but the limit was a maximum of 500 billion Eagle Dollars. They could not do anything beyond that limit.

however.

A country's foreign exchange reserves cannot be increased or decreased at the discretion of a single person in charge of the State Administration of Foreign Exchange; Kimura Ichiro's request was rejected as soon as it was submitted.

The reason given by the higher-ups was "respecting market rules and not interfering artificially." To put it bluntly, the higher-ups were warned by the bald eagles not to bail out the hedge funds of the Agriculture, Forestry and Fisheries Fund, so they could only find such a high-sounding excuse to reject Kimura Ichiro and Kuraki Seita's request to increase their holdings of eagle bonds.

After learning the higher-ups' intentions, Kuraki Seita felt utterly devastated, because he knew they meant to abandon them.

Since the higher-ups had given up, he, as a fund manager, was powerless to do anything about it, so he simply gave up as well.

The Federal Reserve Bank of Hawk and Wall Street investment bank presidents are closely monitoring changes in Hawk bond yields and communicating in real time via video conference.

As the Dragon Kingdom continued to sell Eagle Bonds, when the total amount sold reached 800 billion Eagle Coins, the yield on 10-year Eagle Bonds successfully broke through 4%, and the yield on 30-year Eagle Bonds successfully broke through 5%, reaching Yang Chen's expected value.

As Yang Chen said, the sell-off attitude would affect the foreign trade industry. Since Yang Chen's goal was achieved, the State Administration of Foreign Exchange stopped selling off its holdings.

Five minutes later, the yield on 10-year Eagle Bonds reached 4.15%, and the yield on 30-year bonds reached 5.41%, creating the highest yield in the past 10 years and setting a record for a single-day surge of more than 1%. This triggered a collapse of the hedge fund of the National Agricultural and Forestry Treasury in Japan. The fund's 60-fold holding of Eagle Bond futures was liquidated, and 660 billion Eagle Dollars of wealth vanished in an instant.

The futures market is that cruel; if you use high leverage, you can lose everything if you get liquidated.

The Federal Reserve Bank of Atlanta and Wall Street investment bank presidents were overjoyed; they hadn't made so much money in a long time.

Federal Reserve Chairman Jerome Powell excitedly said, "Congratulations to all the presidents, you've earned tens of billions of hawk dollars in one day."

"Haha..." The big shots burst into laughter in unison.

BlackRock CEO Manny Pacquiao chuckled, “We could have earned even more, but the higher-ups keep making blunders and ruining our plans. The money we made in Europe this time should have been ours, but because the higher-ups were targeting Yang Chen, he gave the opportunity to Europe. Mr. Powell, I hope you can use your influence to persuade the higher-ups to stop doing such foolish things. Wouldn't it be better to reap the rewards of other countries' wealth alongside Yang Chen?”

Powell said, "Making money is certainly a good thing, but we can't just look at making money; we also have to look at other aspects, such as international influence, world status, and national honor. Ever since this damned Yang Chen made his debut, we've only ever suffered losses and have never been able to beat him even once. Don't you think this is a huge disgrace? In our more than two hundred years of history, we've never been so humiliated as we are now. Such a large country can't even deal with one person."

Pacquiao retorted, "But why do you have this mentality? When we invest and make money in China, the Chinese don't see it as a disgrace. They only see it as a development opportunity. But when Yang Chen comes here to invest and make money, you think we're losing out. I really find it hard to understand your mentality."

Powell said awkwardly, "Alright, I'm in a good mood today, so let's not talk about this anymore. Let's leave it at that, I'm leaving."

Powell immediately left the video conference, and Pacquiao said, "Let's ignore them. We need to be more open and tolerant. To put it bluntly, how much money do they make from those goods? We can easily make enough money in finance with Yang Chen to buy a lot of industrial products."

The other presidents nodded in agreement with Pacquiao's statement, saying that nothing makes money as fast and as much as playing the financial capital game.

As long as Yang Chen can still help them make money, they will stand with Yang Chen.

On the other hand, Zhang Shi, president of Gaoling Capital, posted a Weibo update.

"Breaking news! Mr. Yang, Wall Street, and the Federal Reserve have joined forces to seize a staggering 660 billion British pounds from a hedge fund under the Japan Agricultural and Forestry Finance Corporation. It's said this hedge fund held British bond options with 60x leverage, and this had been going smoothly until Mr. Yang shorted Japan, causing the fund to dump 800 billion British pounds in bonds, resulting in a single-day surge in British bond yields exceeding 1%, effectively bankrupting the fund. Japan's foreign exchange administration tried to intervene, but higher-ups ordered no intervention, insisting on respecting market principles. Thus, the fund was swallowed up by Mr. Yang, Wall Street, and the Federal Reserve. It must be said that Mr. Yang is truly shrewd; he can get along with anyone, yet he can also do whatever he wants, clearly separating business from other matters."

Zhang Shi, relying on his resources and connections in the capital circle, frequently posts on Weibo to reveal inside stories of the capital market, especially inside information related to Yang Chen, which has attracted the attention of many netizens. He is now a big V with more than 800 million followers.

The number of comments on this Weibo post exceeded a thousand shortly after it was published.

"Holy crap, 60x leverage? How audacious can they be? With such high leverage, wouldn't even the slightest fluctuation lead to a margin call? They probably didn't expect to encounter Boss Yang's revenge against Japan, nor did they expect Boss Yang to bring in the US as well, effectively trapping and beating them up."

"Boss Yang has already brought up the Potsdam Declaration, so he definitely won't show any mercy to Japan this time. The 660 billion Anglo Coins are just an appetizer; there will definitely be more profits to come. The people of Jiangcheng are in for a treat. Whenever Boss Yang makes money from abroad, he thinks about providing benefits for his employees and the people of Jiangcheng. I wonder what kind of benefits he'll be giving this time."

"Little Sakura is so pitiful, she's been exploited without even the right to resist. Boss Yang said Little Sakura isn't a sovereign state, and some of his lackeys even got upset and cursed him. Now, you all come out and tell me, is Little Sakura a sovereign state? Their State Administration of Foreign Exchange wants to resist, but the higher-ups won't allow it. Is this something a sovereign state would do?"

"We have many cherry blossoms in our country, so naturally they want to cheer for their nation. Unfortunately, no matter how much they deny it, the facts speak louder than words. They got beaten up and didn't even have the right to fight back. You call yourself a free person? Haha..."

"Mr. Yang did a great job. We didn't ask them for compensation back then. According to the foreigners' compound interest calculation method, that amount would be astronomical now. Mr. Yang just helped us get that money back. I advise certain traitors and little cherry blossoms to shut up. The Potsdam Declaration is a noose around your necks. We will naturally take it out and read it whenever we need to. The more you jump around, the sooner that day will come."

Seeing that the Agricultural and Forestry Treasury had been plundered for 660 billion US dollars, executives from companies such as Panasonic, Sony, Honda, and Toyota, which were being shorted by Yang Chen and European investors, panicked.

At this time, the Sony Group.

Sony had been dealt with by Yang Chen before, and their former president, Haruki Toko, was even driven to his death by Yang Chen. Therefore, the entire company was filled with anger and fear towards Yang Chen.

The current president, Seita Inoue, convened a meeting with shareholders and senior executives to discuss how to deal with the current stock price crisis.

“According to publicly available information, every company shorted by Yang Chen experiences a stock price collapse without exception. The only solution is to apologize to Yang Chen and seek reconciliation. Even giants like Goldman Sachs and Johnson & Johnson are powerless against Yang Chen's short selling. Positive news, share buybacks, and all other efforts are in vain. When he shorted us last time, we tried various methods but failed to protect our stock price. Therefore, I think we should accept reality and apologize to him directly to minimize our losses. What do you all think?” Inoue Seita said helplessly.

The shareholders and executives immediately erupted in excited shouts.

"No! He plundered us last time and even forced the Ten Ancient Lords to their deaths, and we didn't do anything to him. Now he's back again. If we don't resist this time, he'll come back to plunder us again in the future. We must resist! We'd rather die standing than live on our knees!"

"That's right! Blindly tolerating him will only lead to him becoming more and more aggressive. We must bravely fight back. Even if we fail, our fate won't be any worse than it is now, right? But if we succeed, we can not only protect ourselves, but also give other competitors the courage to fight back, and at the same time break Yang Chen's undefeated myth."

"Then who among you is willing to repeat the mistakes of Shi Gu Jun and be forced by Yang Chen to commit suicide to atone for his sins?"

The scene immediately fell silent. It's okay to joke around, but nobody does anything that's truly life-threatening.

Inoue Seita chuckled and said, "I understand everyone's anger, and I'm angry too. But what can we do? We can't beat him. Yang Chen just wants our government to issue a public apology. We'll just let the government do what he asks. After all, we've been coerced by the US into inaction, so we bear some responsibility. We've already contributed 660 billion US dollars to the Agriculture and Forestry Fund. We can't continue to sacrifice the interests of so many large corporations and hundreds of thousands of shareholders for the benefit of the US, can we?"

See, as long as they are strong enough, they will look for the reasons within themselves.

The shareholders and executives fell silent. At this point, silence meant acquiescence. Inoue Seita immediately contacted the presidents of other companies that had been targeted by short selling to discuss joining forces to petition the government.

The other company executives shared Inoue Seita's sentiments, especially Sun Changyi, president of Shuyin Group, who had been used as an example by Yang Chen last time. He was eager to communicate with government departments. Shuyin, Honda, Toyota, Sony, Panasonic…

These are all top-tier companies in Japan, and the joint petition signed by their presidents has a significant impact.

The Japanese government had no choice but to listen to their opinions, but it still needed to consult with the U.S. before issuing an apology statement.

How could the bald eagle care about the interests of Japan? Their attitude was very firm: they would not allow Japan to surrender and must do everything possible to counter Yang Chen and Europe's short selling, preferably to reap the benefits from Yang Chen and Europe.

If Japan doesn't do as required, they can expect the district prosecutor's office to take action.

The Tokyo District Public Prosecutor's Office is the bald eagle's trump card for controlling the top brass of Japan. The top brass of Japan immediately backed down and quickly abandoned the idea of ​​surrendering and apologizing.

Yang Chen's previous Weibo post saying that Japan is not a sovereign country is becoming increasingly valuable.

The top executives of Japan gave instructions to executives of companies like Panasonic, demanding that they immediately find a way to protect the stock price, and that it would be even better if they could turn the tables on Yang Chen and Europe.

When the company presidents received the notification, they were stunned. Wasn't this just asking them to send money to Yang Chenhua?
The company presidents immediately and explicitly refused to carry out the orders from the higher-ups, and then the higher-ups in Japan brought out the Tokyo District Public Prosecutor's Office.

There's nothing we can do about it. Even the top officials in Japan are afraid of the Tokyo District Public Prosecutors Office, so naturally, these company presidents are also afraid of it.

Since Daddy demands resistance, let's just do a little resistance, as long as we can get by. They don't really expect to protect the stock price, let alone think about reaping the benefits from Yang Chen.

Toyota released its annual report ahead of schedule last year. Toyota's global sales totaled 1082 million vehicles last year, maintaining its position as the world's number one. Sales in overseas markets increased slightly by 0.6%, while sales in Japan fell by 19.5%, and total sales fell by 3.5%.

Although total sales have declined, it is good news that it continues to be the number one seller in the world.

At the same time, Toyota issued another announcement stating that shareholders and executives would increase their holdings of company stock, with the amount of the increase not less than 100 billion US dollars.

They also plan to launch a new batch of employee stock ownership plans, with the specific amount to be announced later after further confirmation.

These are all the tactics listed companies use to maintain their stock prices: positive news, increased holdings by shareholders and executives, and employee stock ownership. There are no other tricks available besides these three.

However, industry giants such as Goldman Sachs, StrongSound, and Phillips have proven that these three tricks cannot defeat Yang Chen, and Toyota is just wasting its time.

Stimulated by these positive news, Toyota's stock price only rebounded briefly before continuing to fall.

Despite shareholders and executives actually investing real money to increase their holdings, the stock price continued to decline.

Toyota is in the same boat, as is Honda. Panasonic, Shu Yin and other companies have also suffered the same tragic fate. Shareholders and executives have spent a lot of money, but the stock price has continued to decline without looking back.

Seeing that all these efforts were in vain, the shareholders and executives simply stopped increasing their holdings. Why waste that money?

On the other hand, the situation in South Korea is exactly the same as that in Japan.

Executives from SK Group and other conglomerates pressured the government to issue a statement apologizing in order to prevent the companies from losing more wealth.

The South Korean government also agreed, but first consulted the United States. The reply they received was the same as that from Japan: they were not allowed to surrender or apologize; they had to fight back and try to reap the benefits of Yang Chen and Europe.

If they dare not comply, then let the hawkish troops stationed in South Korea deal with them.

The South Korean president salutes the commander-in-chief of the US military, so what are those tycoons compared to the US?
Therefore, the South Korean conglomerates can only resort to their three main tactics: positive news, increased shareholding, employee stock ownership, and some have even announced restructuring or other reforms.

But the result was like seeing a ghost. The moves that usually worked were now completely ineffective. Despite spending a lot of money, the stock price kept falling.

Seeing that struggling was futile, these South Korean conglomerates also chose to give up.

Whatever, I'm not putting any more money in anyway.

Seeing that the stocks that were being shorted had generally fallen by more than 60%, Japan and South Korea still refused to surrender and admit defeat, Yang Chen was somewhat "admiring" their patience.

Yang Chen's purpose in shorting Japan and South Korea this time was to get them to clarify and apologize, and incidentally make some money.

Now that we've made all the money we could, it's time to finally solve the problem.

Yang Chen posted a new update on Weibo.

"Currently, the stock prices of companies in Japan and South Korea, shorted by Four Seas Investment and European investment banks, have generally fallen by more than 60%, wiping out trillions of eagle dollars in wealth. These two countries still refuse to admit defeat, and I truly admire their patience. I heard it's not that they don't want to surrender, but that the bald eagle won't allow it. In my last Weibo post, I said they weren't sovereign states, and many people disagreed. Now what nonsense do you have to spout? Which sovereign state can't make its own decisions in this situation? Speaking of which, the eagle is ruthless enough. If you're angry with me, why don't you take action yourselves? Why send two lackeys to their deaths? I suggest the people of Japan and South Korea unite. If you don't stand up now, the label of not being a sovereign state will be deeply etched on your foreheads."

The bald eagle always hides behind the scenes and does evil, causing great losses to the countries it uses as pawns, while the bald eagle acts as if nothing happened.

This time, Yang Chen is going to increase the intensity of the attack on the Bald Eagles, just to stand up for Sakura and Siba, who are also Asians.

Yang Chen's Weibo post quickly spread to Japan and South Korea.

As we all know, the people of Japan are particularly radical, even extreme and fanatical, while the people of South Korea are particularly arrogant. The people of these two countries cannot withstand the slightest provocation, and their emotions were immediately ignited by Yang Chen's Weibo post.

Both countries saw massive protests against the United States, demanding that their governments expel American troops and become truly sovereign nations.

The two countries' leaders had no choice but to quickly plead with the United States to stop forcing them to oppose Yang Chen and to allow them to surrender and apologize as soon as possible, because continuing like this would not do them any good.

The U.S. military was initially unwilling to back down, but after their military camps in Japan and South Korea were attacked by angry civilians, they reluctantly allowed Japan and South Korea to apologize to Yang Chen.

After receiving permission from the United States, the top officials of Japan and South Korea did not dare to delay for a second and immediately held a press conference to prepare for clarification and apology.

(End of this chapter)