I have a debt of 3 trillion, and my creditors are begging me not to die.
Chapter 326 Preparing to Short Europe Again
Bald eagle, white house.
A small meeting was taking place in the president's office.
"I always said that no one can always win; everyone has to lose at least once!"
"Haha... These guys on Wall Street are actually quite useful after all. This time they finally managed to save face for us."
"It's about to hit the 200 Eagle Coin price level. The upward trend of the stock price has been established, and Yang Chen is powerless to reverse it."
"Ha ha……"
At this moment, the executives and shareholders of Interactive Entertainment were all laughing and joking, feeling that the battle to defend the stock price had been successful.
At the urging of shareholders and executives, Perkins called Yang Chen from a different number.
"Hello, Mr. Yang Chen, can you recognize my voice? I'm sorry, I'm just so happy, my voice is a little hoarse from laughing," Perkins said smugly.
The shareholders and executives all burst into laughter, looking as happy as if they had eaten honey.
Yang Chen laughed heartily and asked, "What's the matter? Why are you so happy? Is it because the stock price has rebounded?"
Perkins immediately said in a pretentious tone, "Oh my god, Mr. Yang actually guessed that, you're so smart. But I'm sorry, you're going to suffer your first defeat against us."
Yang Chen laughed again and said, "You think you can make me lose? I think you'd be better off asking God to appear and bless you."
"Does Mr. Yang think he can make the stock price fall back down? The upward trend is unstoppable, and you don't have any more shares to sell. What do you have to play with me?" Perkins said arrogantly.
Yang Chen sneered and said, "Is that so? Then watch carefully now, and I'll demonstrate it for you."
As soon as Yang Chen finished speaking, Interactive Entertainment's stock price stopped rising and started to fall.
Perkins stared at the order book in shock. When the stock price plummeted to 150 Eagle Dollars, he couldn't help but exclaim, "What's going on? This can't be! It doesn't make sense! It's illogical!"
It was clear that Perkins was truly shocked and bewildered; the stock price drop was beyond his comprehension.
Yang Chen chuckled and said, "Mr. Perkins, do you still think you can defeat me?"
"How did you do that? That's not scientific! How could a stock price that was already on an upward trend suddenly plummet again? How did you manage to do that?" Perkins asked.
“You don’t need to know all that, and you wouldn’t understand even if I told you. Hurry up and ask Wall Street for help; see if they can come up with more money to help you maintain the stock price,” Yang Chen replied, and immediately hung up the phone.
Perkins threw down his phone and exclaimed excitedly, "What on earth is going on? Why has the stock price fallen again? Yang Chen couldn't possibly have lent out that many shares from the brokerage!"
At this point, the assistant said, "Mr. President, you should ask the relevant authorities for help and have them order Wall Street to continue to increase investment."
Shareholders and executives echoed the assistant's words, prompting Perkins to call the relevant authorities for help.
At this moment, a group of Wall Street CEOs.
BlackRock CEO Manny Pacquiao: Fuck! I told you we couldn't beat Yang Chen. He's just too unpredictable. No matter how hard we try, we can't protect the stocks he's shorted. We've run out of funds, and we still have tens of billions of Eagle Dollars worth of stock to sell. We really can't hold on.
Vanguard President Barkley: Fuck! I thought we could finally beat Yang Chen for once, but we were wrong. I really don't understand how this could happen; how could a stock that was already in an upward trend fall back down?
Goldman Sachs CEO Winterkorn: Fuck! Carmen called me again, urging me to increase my investment and fight Yang Chen to the bitter end. I'm not doing it anymore. I'm already stuck with 11 billion Eagle Dollars; I can't possibly invest any more. What about you guys?
JPMorgan Chase CEO Pinto: I won't be making any more investments unless the government allocates funds. That's it. I'm completely speechless. Even if God were to send me to protect the stock price if Yang Chen shorts any company, I wouldn't listen. In the stock market, Yang Chen is more powerful than God.
Carmen, head of the financial management department at Bald Eagle, was rejected by presidents of various Wall Street firms and had no choice but to report to her superiors.
The old man's roar could be heard again from the office.
"Fuck! What are these idiots thinking? They've already invested so much money, are they just going to watch it get trapped? And can anyone tell me what kind of freak Yang Chen is? Why can he always succeed in shorting, no matter how others resist, they can't change the outcome?"
Then, Carmen's timid voice came out.
"There's no use talking about this now. We need to decide what to do quickly. The presidents of various Wall Street firms are suggesting that the government fund the operation while they handle the execution."
The old man's voice roared out again.
“Fuck! They really dare to say that! Using public funds to save Interactive Entertainment, what will happen when other companies run into trouble and ask for public funds? If we bail them out, where will the public funds come from? If we don't bail them out, they will definitely resent us for discriminating against them. Carmen, notify the president of Interactive Entertainment and ask him to persuade the shareholders and executives to contribute money to increase their stock holdings. The company belongs to them; they can't just wait for others to bail them out without contributing a single penny.”
Carmen immediately complied and called Perkins.
"Mr. Perkins, the President has ordered your shareholders and executives to contribute money to buy more of your stock. This company belongs to you; you can't just rely on others to bail you out. You have to put in some effort yourself. Understand?"
Perkins quickly added, "We are discussing this issue, and if everyone agrees to raise their own money to increase their shareholding, we will do so immediately."
Carmen immediately reminded her, "No, no, no, I'm not discussing this with you, nor am I asking you to discuss it. I'm conveying the President's order to you. Listen carefully, it's an order, and you must obey it unconditionally. Understand?"
Perkins immediately said, "But if Wall Street can't hold on, there's no point in us using our own money to increase our holdings. We can't just throw our hard-earned money into the market and get stuck, can we?"
Carmen immediately said, "That's none of my business. You must unconditionally obey the President's orders. Otherwise, you will bear all the consequences yourself. That's all I have to say. Think carefully about what you should do."
Carmen immediately hung up the phone, refusing to listen to Perkins's excuses.
Perkins sighed helplessly, looked up at the shareholders and executives, and said, "You just heard it, we have to spend money to buy more shares. This is the president's order, and we cannot disobey it. What are your thoughts?"
Shareholders and executives expressed their opinions.
"The president's orders must be carried out. They didn't specify how much to increase the holdings, so we'll just make a token increase. If Wall Street can't handle it, we certainly can't, so we absolutely cannot use more money to increase our holdings."
"He only needs to give an order, and we have to put our hard-earned money into the stock market and get trapped. It's outrageous."
"There's nothing we can do, he's the president, we have no choice!" "Who says we have no choice? We'll just not vote for him in the November election."
“I suggest that everyone contribute 10 to 100 million Eagle Dollars to increase their stock holdings. Whether it works or not, it’s still this amount of money. This way, we won’t bleed too much and we can still deal with the president.”
"I agree!"
"I agree..."
Shareholders and executives raised their hands in agreement.
President Perkins immediately said, "Okay, then let's each increase our holdings by 10 to 100 million shares. Let's get started."
For a market capitalization of nearly 100 billion, an increase of 100,000 to 1 million Eagle Dollars by each shareholder or executive is like a drop in the ocean and has no effect whatsoever.
By the time the stock market closed, Interactive Entertainment's stock price had fallen to 105 Eagle Dollars, meaning that 11 billion Eagle Dollars held by various investment banks on Wall Street were all trapped, which was truly disastrous.
Meanwhile, overseas customers received the Stars jerseys and shoes one after another. After trying them out, they bought them for their families and recommended them to friends and relatives, which directly led to a surge in sales of Stars jerseys and shoes.
At that time, even with the factory operating on three shifts, it was still unable to meet the demand. Who would have thought that one day jerseys and sneakers would need to be pre-ordered and wait for a period of time before they could be picked up?
However, this precisely proves how successful the Stars jerseys and shoes are.
On the other hand, in Germany and other European countries, the high-end machine tool market has been largely captured by Xingchen Machine Tools, causing significant difficulties for related companies.
Therefore, these countries asked the European Commission to pursue Yang Chen for the debt. They didn't really want to collect the debt, but rather to find an excuse to negotiate with Yang Chen.
Unable to withstand the persistent pleas from member states, EU President Tusk had no choice but to call Yang Chen to discuss the matter.
“Mr. Yang, it’s been a long time since you borrowed money from us, and you haven’t repaid a single penny. I’m having a hard time explaining this to you. Is it convenient for you to repay a portion? It doesn’t need to be too much, 500 billion euros will do,” Tusk said.
Yang Chen said with a smile, "Don't worry, there will be a time when I pay you back, it's just not now."
Tusk quickly said, "Mr. Yang, if this continues, I'll really have a hard time explaining myself. Or, Mr. Yang, how about offering other benefits in exchange?"
Yang Chen laughed heartily, guessing that Tusk's real purpose was not to ask for money, but for the benefits he was about to reveal.
Yang Chen asked, "Mr. Tusk, tell me what benefits I would like to offer in exchange? If it's not too outrageous, it's definitely worth considering."
Tusk immediately replied, "That's right. Mr. Yang's high-end machine tools have captured too much market share, causing a huge crisis for our European businesses. We haven't had any customer inquiries about machine tools for many days in a row, and if this continues, the company may even go bankrupt. Therefore, we hope Mr. Yang can find a way to help us solve this problem. I wonder if Mr. Yang would be willing?"
Yang Chen said, "Isn't that putting me in a difficult position? What can I do if their product is no good? I can't just hold a gun to someone's head and force them to buy it, can I?"
Tusk laughed heartily and said, "Mr. Yang is too humorous. You don't need to point a gun at someone's head; you just need to raise the price of machine tools by about 30%. That way, Mr. Yang will earn more, and our company will be qualified to compete. Wouldn't that be a win-win situation?"
Yang Chen wants the whole world to feel the power of Eastern industrial civilization, and if the price is too high, it will not be conducive to market expansion.
Therefore, Yang Chen stated very clearly, "No, the price was set after careful consideration, and it's impossible to raise it. The prices of my industrial products will only decrease, not increase. My goal is to make affordable industrial products available to people all over the world. Do you understand what that means?"
Tusk immediately replied, "Understood! If Mr. Yang cannot make a deal in exchange for something, then you will have to pay back the money you owe us."
Yang Chen chuckled and said, "Paying back debts is a matter of course. However, I have to make this clear from the start: if the White Eagle targets you again and you want me to intervene, I won't help you."
Tusk laughed and said, "Mr. Yang, don't try to scare me. Why would the bald eagle target us for no reason? We're just giving you two choices: either pay back the money or raise the price of the machine tools. There are no other options. Please consider this carefully and give me an answer as soon as possible."
Yang Chen immediately said, "No need to think about it, I'll return the money to you right now. Just remember what you said earlier."
Yang Chen hung up the phone and immediately called BlackRock CEO Pacquiao.
Pacquiao quickly answered the phone and excitedly asked, "Hello Mr. Yang, why are you calling me? Is it about Interactive Entertainment?"
Yang Chen immediately said, "No, no, no, it has nothing to do with interactive entertainment. Europe has accumulated a lot of wealth after several years of development, it's time to reap the rewards."
Pacquiao jumped up excitedly and quickly said, "Thank you, Mr. Yang, for being willing to take us along. This way, we can make Interactive Entertainment admit defeat, and Mr. Yang can devote himself wholeheartedly to shorting Europe."
Yang Chen laughed and said, "Okay! Once we've finished dealing with Interactive Entertainment, we'll immediately start shorting Europe."
Pacquiao quickly replied, "Okay, okay, we'll proceed according to plan."
Pacquiao hung up the phone and immediately notified the group chat about it.
BlackRock CEO Manny Pacquiao: Guys, Yang Chen just contacted me. He wants to team up and take over Europe. Let's head to the White House right away and persuade them to abandon Interactive Entertainment as well. Making some money with Yang Chen is more worthwhile than trying to salvage Interactive Entertainment's stock price.
The other CEOs quickly agreed to go to the White House together to plead with the leader on their behalf.
The White House.
"Fuck! You still don't understand the significance of protecting Interactive Entertainment's stock price! We can't give up Interactive Entertainment, don't even think about it."
Pacquiao immediately argued, "Is face more important, or money? If we can make huge profits from Europe with Mr. Yang, wouldn't that be more worthwhile than keeping Interactive Entertainment?"
Others voiced their support for Pacquiao, expressing their own stance.
Seeing their unity, the higher-ups dared not force them to continue desperately protecting Interactive Entertainment.
"Alright, do whatever you want. We won't pressure you anymore. We wish you success in getting rid of Europe. We'll be waiting for your good news."
Pacquiao immediately exclaimed excitedly, "Please rest assured, everyone. Even if you don't believe in our strength, you should believe in Yang Chen's strength. After all, he has never lost." (End of Chapter)
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