I have a debt of 3 trillion, and my creditors are begging me not to die.
Chapter 342 Yang Chen mobilizes the whole world VS Bald Eagle
White Eagle Financial Management Department Meeting Room.
"Minister, something terrible has happened! The Nasdaq has plummeted, and someone has opened a massive short position!"
"Minister, the Dow Jones Industrial Average has plummeted, and some people have opened huge short positions!"
"The Russell 2000 index plummeted, and someone also opened a huge number of short positions!"
"The S&P 500 also plummeted, and some people opened huge short positions!"
Hearing her subordinates' reports, Minister Carmen panicked.
"Find out who placed the short order immediately!"
The assistant immediately said, "There's no need to investigate at all; it must be Yang Chen who opened a massive short position!"
Carmen immediately broke down, roaring, "That damned bastard, bully, thug, what is he trying to do? Immediately gather funds to go long, we must defeat the short sellers!"
Wall Street investment banks have received notices from regulators requiring them to allocate funds to go long on Nasdaq and other stock index futures.
Although Wall Street investment banks are very wealthy, they can't handle saving so many companies in a short period of time.
Yang Chen and 25 other major European companies, including Apple and Nvidia, have already spent over 3000 billion dollars on Wall Street, yet there is still no sign of their stock prices rebounding.
Four Seas Investments has shorted companies like GE Healthcare, and Wall Street investment banks have invested over 1000 billion pegged dollars.
Now that all the major stock index futures are being shorted, are they expected to pay money to go long? Is money just falling from the sky?
Damn it, even the landlord's family doesn't have surplus grain.
The Wall Street CEOs started complaining again in the group chat.
BlackRock President Manny Pacquiao: "Guys, more money to spend. Fuck! I'm broke. Do you think we're the Fed that can print money?"
Goldman Sachs President Winterkorn: "Who can argue with that? Even the Federal Reserve would go bankrupt if it played like that, let alone us. But then again, if Yang Chen continues like this, our stock market is going to collapse."
JPMorgan Chase CEO Pinto: "I expected him to short sell, but I didn't expect him to be this crazy. He's treating us like dirt. How could he short sell our stock market on such a massive scale?"
Tiger Fund President Kerman: "We are best at short selling, but we would never dare to short sell on such a large scale as him. It would be impossible to succeed. But looking at the current situation, it seems like he really can succeed in short selling. We really don't want to spend any more money. Let's ask Congress for funding together."
The other CEOs nodded in agreement with Kerman's suggestion to get congressional funding for the operation, otherwise they would not interfere and would demand that Congress immediately return all the money they had already spent.
BlackRock CEO Manny Pacquiao once again became the representative, and he went to negotiate with Carmen.
“Mr. Carmen, we are truly out of money, and we are powerless to help with the stock index futures. If you need us to operate, then please have Congress allocate special funds for us. In addition, Congress should also reimburse us for the money we have already invested. Finally, I need to emphasize that we are only working for you and will not bear any losses. No matter how much we lose, Congress will compensate us,” Pacquiao said bluntly.
Carmen immediately said, "Mr. Pacquiao, now is the time for us to unite against a common enemy. Isn't it disruptive to say such things to me? Let's get through this crisis first, and then we can sit down and talk about these things properly. Is that alright?"
Pacquiao immediately shook his head and said, "No way! You're just talking. We're spending hard-earned money. You can be unhurried, but we can't. We have to be responsible to our shareholders and employees. Like I said, the government provides the money, and we operate. Otherwise, we're powerless and can only stand by."
Carmen roared, "Can't you have any sense of national responsibility? We're being bullied right now, and instead of joining the government to fight the enemy, you're here worrying about personal gains and losses. If the Chinese stock market were being shorted, Yang Chen wouldn't care about his own personal gains and losses; he would do everything in his power to protect the stock market. Why can't you learn from him?"
Pacquiao scoffed, "It's easy for you to talk when you're not the one suffering. How about this: you put up all your assets, and I'll help you buy stock index futures. You'll be doing your duty to the country. How about that?"
Carmen immediately said awkwardly, "Even if I took out all my money, it wouldn't make much of a difference. It would still take investment banks like you to provide the funding."
Pacquiao sneered, stood up, turned and walked towards the door, saying as he went, "Either Congress allocates funds, or we stand idly by. You choose."
Carmen watched Pacquiao's departing figure, and in her anger, she unleashed a torrent of profanities.
Carmen rushed to the White House to report the news that Wall Street was unwilling to contribute, which angered the top executives of the White House so much that they were swearing at each other.
However, after calming down, they accepted Pacquiao's suggestion to have Congress allocate funds to Wall Street to operate. With the election approaching, they had to protect the stock market, otherwise they would lose a lot of votes.
What if this money is lost?
If they are elected, there will always be a way to fill the deficit.
If they lose the election, that's a matter for the next president, and it won't concern them anymore.
Therefore, they spent the money without any pressure.
Sihai Group.
Yang Chen went to Sihai Investment Department to watch the game.
Zhao Jing reported: "Chairman Yang, the White Eagles have used a lot of funds to go long, and the Nasdaq and other indices have been pulled back a bit."
Yang Chen said with a smile, "Don't worry, theoretically the total number of short positions can be unlimited. If they are willing to buy long, there will definitely be more people shorting. Just watch, it will drop again soon."
"With the U.S. so determined, will there be even more people shorting?" Zhao Jing asked, puzzled.
Yang Chen nodded and said, "That depends on whether I or the Bald Eagle government has a better reputation."
Zhao Jing immediately said, "Huh? That does seem to make sense. Logically speaking, as the global hegemon, the bald eagle should be more convincing. But in the capital market, no one has a better reputation than you. It all comes down to which is more convincing: your reputation or the bald eagle's prestige."
Yang Chen wouldn't dare claim authority in other fields, but in the capital market, if he said he was the second most authoritative, no one would dare claim to be the most authoritative.
The market will provide the most accurate answer.
After the U.S. government poured all of its 100 billion U.S. dollars into the market, major stock indices such as the Nasdaq continued to decline, meaning that all 100 billion U.S. dollars were now tied up.
Pacquiao immediately called Carmen to report: "Mr. Carmen, it's no use! The short sellers are too powerful. We've poured in 100 billion peggs and it's had absolutely no effect. No matter how much we buy, they sell just as much. We can't possibly buy it all. Request another 300 billion peggs. I refuse to believe we can't buy out all the short positions!"
Carmen exclaimed in shock, "How much? 3000 billion Eagle Dollars? Do you think our money is printed by a money printing press?"
“Isn’t that right?” Pacquiao retorted. Carmen paused for a moment, then quickly said, “You can’t just give away 3000 billion Eagle Dollars like that.”
“You make your own decisions. You’ve already invested so much money. If you still get utterly defeated, that would be terrible. If we lose so much money and get beaten up, how will the whole world laugh at us?” Pacquiao added.
Carmen was speechless. He felt like he was in a dilemma. If he backed down and admitted defeat, all the hundreds of billions of Eagle Dollars he had invested would be wasted. If he continued to invest, not only would it be difficult to raise money, but even if he had enough money, he would be trapped again and lose trillions of Eagle Dollars. Who could bear such a serious consequence?
Carmen didn't dare to make the decision on his own, so he immediately went to the White House to report and ask for instructions on what to do next.
Ultimately, the bigwigs unanimously decided to continue investing 2000 billion Eagle Dollars. If that still couldn't turn the situation around, they would have to admit defeat and immediately contact Yang Chen for negotiations.
To increase their chances of success, the Bald Eagle government issued a statement advocating that all investment institutions and individuals refrain from shorting the Bald Eagle at this time, assuring everyone that the government will remember their kindness and repay them in the future.
They are simply too naive. Anyone with a sound mind knows how to choose between earning real money immediately and receiving a verbal promise.
In fact, the bald eagle only has one solution: to announce the suspension of its short-selling mechanism. However, this would mean that the once mighty hegemon has denied its own slogans of freedom and democracy. The bald eagle being forced to suspend its short-selling mechanism by Yang Chen has consequences that cannot be compensated by a small amount of money.
Moreover, once the bald eagle does this, others can do the same when their companies seize assets abroad. If things don't look right, they can announce a suspension of short selling. In the long run, the bald eagle will suffer the consequences.
Of course, it's unlikely that they can actually suspend the short-selling mechanism from their own perspective, because many of their companies are also shorting stocks along with Yang Chen.
The $2000 billion in funding from Congress arrived quickly, and Wall Street firms immediately began a buying spree.
However, the situation remained unchanged. For every dollar they bought, there was a dollar they sold, and short positions always far outnumbered long positions. Unsurprisingly, the 2000 billion Eagle Dollars went down the drain again.
Those institutions that followed Yang Chen in shorting the US made a fortune. This included not only investment institutions in China, but also those in Japan, South Korea, various European countries, and even Indian capital.
At this moment, the bald eagle has vividly illustrated to everyone what it means to "when a whale falls, all things come to life" by taking action itself.
Seeing that real money was being wasted, some people suggested suspending the short-selling mechanism.
Although the consequences are unpredictable, the Bald Eagles have no better options at the moment.
Such an important matter naturally required a meeting to discuss it. However, shortly after their meeting began, the content of the meeting was leaked on platforms such as TikTok.
When the world learned that the US was going to suspend short selling in response to the crisis, all sorts of insults and ridicule followed.
A Japanese netizen commented: "Is the US trying to prove that they are not a free, open, and democratic market? If they can't win, they just suspend the game. It's even less ethical than India's direct confiscation. At least India doesn't have a suspension mechanism; they just act like scoundrels to prevent money from leaving the country."
A South Korean netizen commented: "I never imagined that a once-powerful superpower would be forced to this extent. It's truly shocking. Even unplugging the internet shouldn't stop things; the consequences are far too severe."
A German netizen commented: "Exactly! We can just unplug the internet, but we absolutely cannot suspend the short-selling mechanism. Or we could limit the number of short positions, but the short-selling mechanism itself cannot be suspended. The whole world is watching; the hawks can't afford to lose face."
A netizen from Bald Eagle commented: "This is unbelievable! How can there be so many short positions? Are you bunch of bastards taking advantage of the chaos? Yang Chen couldn't possibly have opened so many short positions on your own; institutions in other countries must have followed suit. Just you wait, after the election, we will definitely retaliate against you. Anyone who shorted us will not escape."
A netizen from India commented: "We've shorted it, what can you do about it? Even Soros would have to lie down obediently. If you dare to suspend the short-selling mechanism, try and see if we dare to confiscate Apple's assets. Don't try to take advantage of us, you can't afford the consequences."
Although India has many questionable practices, it must be admitted that they are really bold. Other countries don't dare to cheat the United States, but they dare to openly cheat the United States. Even the United States, the father of the United States, was cheated out of 20 billion US dollars by India's "artificial intelligence defense drone weapon".
Therefore, India warned the US not to suspend its short-selling mechanism, otherwise they would take action against Apple phones, and that's no joke; they really could do such a thing.
Yang Chen immediately posted a Weibo post inciting the whole world to oppose the bald eagle.
"If the bald eagle, which constantly touts itself as free, democratic, and open, suspends short-selling mechanisms simply because it loses money, then countries all over the world can apply different standards to bald eagle companies. For example, India could confiscate Apple's assets, and Russia could break agreements to sell land and rare earths to BlackRock. After all, you're just treating them according to their formal standards. If they dare to bully you, we'll all go to the United Nations to file a complaint. If you feel you can't protect your assets, no problem, come to Xingchen Military Industry for security. We will definitely cooperate with you in a win-win manner, which is far better than being completely exploited by the bald eagle. This world is ultimately reasonable; times have changed, and we will not allow double standards to exist."
As long as interests align, even if there were previous conflicts, they can become allies at this time.
Investment institutions from various European countries, Japan, South Korea, India, and other countries have contacted Yang Chen seeking to join forces with him. They want to fight against the United States together and absolutely will not allow them to suspend the short-selling mechanism.
Yang Chen immediately joined forces with these investment institutions to issue a joint statement, warning that if Bald Eagle dared to suspend the short-selling mechanism, they would target Bald Eagle companies' overseas investments.
Meanwhile, the Er Mao family is holding an emergency meeting, where senior management is discussing the feasibility of breaking the land, rare earth, and other agreements signed with BlackRock.
After some discussion, they decided to talk to the bald eagle. If the bald eagle agreed to support them with more advanced weapons, they would continue to fulfill the agreement. If the bald eagle was unwilling to support advanced and sufficient weapons, they would tear up the agreement and hand over the land and rare earths to StarCraft Military Industry for management.
In this way, they can "sit on the mountain and watch the tigers fight," letting Yang Chen fight the White Eagle family. If Yang Chen wins, they can at least get a share of the benefits. If Yang Chen loses, they can simply apologize to the White Eagle and continue to fulfill the agreement. Anyway, they won't suffer any losses.
After making up his mind, Er Mao's family head immediately called Bai Tou Ying's family head.
“Support us with more weapons, including F-35 fighter jets and hypersonic missiles, or we will tear up the agreement with BlackRock and hand over the land and rare earths to StarCraft Military Industry for management.”
"You dare! Fuck! Don't be stupid! I'm warning you, if you dare do this, you'll be dead in your house tomorrow. I'm not kidding, just try it!"
"You'd better not force me. If I completely side with Yang Chen, he will definitely send unmanned equipment to protect my safety. You've suffered so many losses at his hands before, don't tell me you can deal with him now. I don't believe that nonsense!"
"Fuck you! You damn thing, how dare you threaten me! Who gave you the guts to talk to me like that?"
"I'm going all in! It's pointless to die by the Russians through a legitimate war, so I'd rather you kill me. Someone will stand up for me then. Let's see if you can handle the consequences! Think it over carefully. Bye!"
The Ying family was furious; they never imagined that Er Mao would one day turn around and threaten them.
It can only be said that Er Mao's family has finally figured it out. Even Da Mao didn't dare to blow him up directly, so he should know his own worth. His life is worthless, but neither side in the power struggle dares to kill him.
If Yingzi really dares to kill him, the Mao family will laugh themselves to death.
That hysterical scream came again from the White House presidential office.
"That damn Yang Chen is going too far! He's now interfering in international affairs! What should we do? What should we do? Are we just going to let him run rampant like this? Fuck!" (End of Chapter)
You'll Also Like
-
Douluo Continent: Reborn as a Wolf Thief, with Infinite Evolution of Martial Soul
Chapter 431 1 hours ago -
Douluo Continent: I Created the Supreme Immortal Realm
Chapter 296 1 hours ago -
While writing a diary in Douluo Continent, Bibi Dong couldn't resist anymore.
Chapter 92 1 hours ago -
Marvel: I Time-Traveled a Little Too Early
Chapter 427 1 hours ago -
Douluo Continent: The Martial Soul, Thunder General, is such a great cook!
Chapter 453 1 hours ago -
After being reborn, I rejected the school beauty and my childhood sweetheart.
Chapter 337 1 hours ago -
My Beast Taming Ranch Story
Chapter 163 1 hours ago -
Pokémon Elite Four
Chapter 332 1 hours ago -
Elf: Chosen Ranger
Chapter 340 1 hours ago -
Zerg Overlords of Civilization
Chapter 194 1 hours ago