The Great Sage Returns from Ten Years of Imprisonment

Chapter 391: Predicting things like a god

The cowboy president entered the venue with the G7 leaders, clearly to create a show of force and put pressure on other heads of state and delegations.

But as the financial crisis has progressed to this point, the financial systems of every G7 country have been severely damaged, and each is struggling to cope with its own problems.

Moreover, the cowboy president who is leading the group is about to step down and get out of office, and right now he is only concerned with making profits for his family and the interest groups behind him.

In this situation, the aura of the G7 leaders gathering together is not as strong as before, and it has a somewhat bluffing feel to it.

Emerging market countries, especially China and Russia, scoff at this old refrain.

More importantly, the leaders of the G7 themselves lacked confidence.

Upon entering the banquet hall, the French president, the British prime minister, the cowboy president, and the Japanese prime minister arrived together and headed straight for the Chinese delegation.

The German Chancellor, the Canadian Prime Minister, and others went to the Russian intelligence officer to discuss how to jointly address the global financial crisis.

From this moment on, the global financial summit truly began.

However, due to the large number of people and media reporters in the banquet hall, the heads of state did not immediately discuss the core issues.

Amidst the clinking of glasses, the heads of state exchanged views in hushed tones, discussing their respective countries' approaches to the financial crisis.

Throughout this process, Lingyun stayed close to her primary clients, quietly translating and answering their questions about various financial fields.

Those who know him are observing him in secret, and their perceptions and understanding of him are constantly being refreshed.

Those guests who later entered the banquet hall, who did not know him, regarded him as the real professional translator.

Some people, after being reminded by others, kept looking at him with curiosity.

Around 9 p.m., the highly anticipated welcome banquet for the head of state successfully concluded.

However, the heads of state and key members of their delegations did not leave the White House immediately, but instead held multilateral or bilateral secret talks on the spot.

At the same time, volatility in international financial markets has intensified, and the market has begun to anticipate a global coordinated bailout.

For example, the Asia-Pacific financial markets, which just opened, seem to have shaken off some of the impact of the sharp drop in the US stock market, influenced by expectations of coordinated global market rescue efforts, and opened with only a slight decline.

Upon receiving the latest market data, the Japanese Prime Minister, who was also in the banquet hall, appeared to breathe a sigh of relief.

Unfortunately, he was happy too soon!

Before the smile on his face could fade, a series of shocking events suddenly struck the international financial market, throwing the entire market into chaos.

It's unclear whether someone deliberately sabotaged the event, did it unintentionally, or was trying to sabotage the global financial summit.

Just as the banquet was announced to be over, relevant U.S. government agencies suddenly issued a statement.

The US announced that retail sales fell 2.8% month-on-month in October, marking the largest monthly decline in history.

Moreover, retail sales data has declined for four consecutive months, each month worse than the last!

The sharp decline in retail sales data is enough to illustrate a serious problem: a precipitous drop in US consumer spending.

Not only that, but it's unclear whether several leading automakers, such as GM and Ford, are simply throwing caution to the wind or trying to use this opportunity to challenge the government.

General Motors and Ford have both issued bankruptcy warnings, and the three major automakers have jointly announced that they are applying to the government for a massive $250 billion bailout.

The arrival of this series of bad news immediately caused quite a stir in the banquet hall.

Upon hearing this news, Ling Yun's lips immediately curled into a smile.

The next moment, SZ turned around and asked in a low voice:

"Xiaoling, what adverse effects will this bad news have on the international financial markets? What are your thoughts?"

"Okay, SZ"

Ling Yun nodded immediately, then said decisively:

"From now until the close of the US stock market tomorrow afternoon, a sharp drop in international financial markets is almost inevitable, and even the expectation of a joint market rescue by the financial summit will be of no use."

"Because the three major US automakers suddenly stepped in and joined forces to pressure us, the risks in the automotive supply chain will trigger cyclical sectors, and subsequently, the entire international financial market."

"However, this is a golden opportunity for us. If we make good use of this opportunity, we might be able to change the course of the international financial market tomorrow."

"If we can directly influence, or even control, the trends in international financial markets, we will definitely gain greater influence at this summit and thus achieve our goals."

Hearing his words and seeing his certainty, the eyes of the SZs immediately brightened.

SZ then nodded approvingly.

"Well done, Xiao Ling, it seems you're very confident! You said this is a golden opportunity for us, that sounds interesting, elaborate."

Ling Yun nodded slightly and then glanced around at the surroundings.

Then step forward and lower your voice even further.

"The secrets of the law should not be shared with six ears. I will only say a few words now, and I will give a more detailed report when I get back to the hotel later."

"The 'golden opportunity' I'm referring to is the enormous impact our country's bailout plan has had on the entire international financial market..."

Next, he briefly analyzed the hidden opportunities within this series of bad news that had just been revealed.

Listening to his analysis, the SZs nodded repeatedly.

After he finished his analysis, Vice President Wang smiled and nodded.

"According to you, we should choose a suitable time to announce our market rescue plan, which will have unexpected effects."

"That's right, SZ, that's exactly what I meant..."

Ling Yun nodded softly in response.

Just then, Deputy Director Zhang suddenly came up and quietly reported the latest situation.

"SZ, the Russian side has arrived at the conference room; bilateral talks can now begin."

"The security check of the conference room has been completed. Both Chinese and Russian staff took turns inspecting it, and the site is safe."

"Following the bilateral talks with Russia, there will be bilateral talks with the UK and Brazil, and both delegations are ready."

After listening to the report, SZ smiled and nodded.

"Now that everything is ready, let's go over to the meeting and see our old friends in the Russian delegation."

As soon as he finished speaking, everyone stood up, preparing to go to the conference room to hold bilateral talks with the Russian intelligence president.

The purpose of this bilateral meeting is for both sides, as emerging market countries, to exchange information in advance and coordinate their response strategies after the official opening of the summit tomorrow.

The subsequent bilateral talks with Brazil will have the same purpose, only with a different weight between Brazil and Russia.

The topics discussed in the bilateral talks with the UK were different.

Like Vice President Wang and the others, Ling Yun will also participate in these rounds of bilateral talks.

In these rounds of bilateral talks, his identity as a full-time financial translator was merely a facade; his more important role was that of a senior financial advisor.

Just as he stepped out with several SZ employees, one of the accompanying staff members suddenly whispered:

"Report to SZ: News from the financial markets indicates that Asia-Pacific stock markets have just reversed course and are falling rapidly. The same is true in the commodities market, with crude oil futures prices dropping by -3%..."

"brush"

Several SZs turned to look at Ling Yun in unison, their eyes filled with amazement.

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