Chapter 2826 The Final Battle (7)
Everyone present gasped when they heard this.
50 trillion! ! !
Looking around the world, how many developed countries’ GDPs combined would have to reach this number?
Adding the previous 30 trillion, the total amount invested by Solomon today has reached 80 trillion!!!
This number is already the GDP of all the countries in the AU combined in 2007!!!
Such terrifying financial strength is unprecedented!
But after the shock, many people felt a sense of sadness in their hearts.
Today is Chen Mo’s first day of short selling!!!
The second half has just begun!!!
Solomon has already used all of his most useful tricks!
It's like someone threw a 3, and then he started throwing bombs like crazy!
It would be fine if you could kill the other person, but what if he has a trump card in his hand?
How do you play later?
It seemed that Solomon had all the advantages, but in fact he had begun to run out of energy.
People at the foundation began to expect and hope that Chen Mo could be defeated by Solomon in one fell swoop, but that he must not have any more big moves.
Soon, the foundation's counterattack caused a huge sensation in the financial circle!
"The interest rate has been cut!!! The Federal Reserve has cut interest rates again!!! And it is an unprecedented one-time cut of 100 basis points!!!"
"Fuck, are we going to survive this? 100 basis points?"
“The biggest rate cut before was only 75 basis points!”
"How much money was spent? The whole screen is filled with purchase orders!"
"It's really exciting, isn't it? It's only the first day, and both sides have already used all their skills and exerted their full strength, isn't it?"
"..."
With Solomon's funds and big moves, the stock market index of the hegemonic country rose rapidly under everyone's attention.
The power of 50 trillion funds is undoubtedly terrifying!
Originally, Chen Mo's 30 trillion yuan of funds had already pushed the stock market index to around 1 points, and it was about to fall below 1!
The hegemonic currency index also fell to around 70!
Once these two major checkpoints are lost, it will be like a dam bursting, and all the damage will be done!
Now that 50 trillion has come out, the stock index was pushed back to 12000 points in a short period of time!
The hegemonic currency index has also returned to around 72!
The financial products of other hegemonic countries are all soaring rapidly!
50 trillion, flying bricks with great force!
The tide seems to have turned!
……
……
Imperial Capital, Moxun Building.
The employees of Moyuan Securities fought against it with all their might, attempting to suppress the rising trend.
Chen Mo smoked calmly, watching the various numbers scrolling on the big screen in front of him.
He was waiting, waiting for the news he wanted.
However, he remained calm as usual, but his allies were as anxious as ants on a hot pan.
Huo Qigang spoke first: "Master, the other party is too ruthless. They are directly challenging us with 50 trillion! If this continues, we will be liquidated sooner or later!"
Abdu echoed, “The current situation is becoming increasingly unfavorable to us.
Mr. Chen, if we compete on funds, we can’t win.”
He Honghuo nodded: "Brother, what other cards do you have? Can you reveal them to us?"
Seeing that the other big guys were also very anxious, Chen Mo said first: "Don't worry, there will be good news soon."
As Chen Mo finished speaking, Han Li excitedly exclaimed, "Boss Chen, good news!!! Baguo International Group has just announced that they are insolvent and on the verge of collapse. They may go bankrupt at any time!"
Just as Han Li said this, the financial market of Hegemony, which had been surging, stopped rising and began to fall!!!
Everyone looked at Chen Mo in disbelief and asked, "What's going on?"
Chen Mo blew out a puff of smoke and smiled faintly: "Baguo International Group is the largest insurance company in Baguo.
Controls the medical insurance, pension insurance, unemployment insurance, etc. of 80 percent of the people in the hegemonic country.
The insurance that ordinary people pay for work is all kept in this company. Many people have to get money from this company for retirement, medical treatment, and unemployment.
This company has been frantically purchasing real estate-related CDs since 2006, and has accepted all of them.
They even took out loans crazily and leveraged their assets to go long in the real estate market!
Once the subprime mortgage crisis hit and the real estate market collapsed, how could it not go bankrupt?
And what are the consequences of its bankruptcy? "
Huo Qigang suddenly realized: "Retired people don't get pensions!
People who go to the hospital can no longer get the medical insurance to cover their expenses!
Even if the unemployed have unemployment insurance, they can only starve and cannot pay their share of the money!!!
Oh my god, the Hegemony is going to cause chaos!!!"
Chen Mo nodded with a smile: "Bingo! Correct answer!"
In the previous life, after experiencing iconic events such as the Bears moment and the bankruptcy of Lehman Brothers.
The sign that the financial crisis of Baguo has reached its peak is the bankruptcy of Baguo International Group!
As the largest insurance company in the hegemonic country, if this company goes bankrupt, it will directly shake the foundation of the hegemonic country!!!
Who can imagine what a country would be like without pensions, medical insurance, and unemployment benefits?
In that case, who would have "confidence" in such a country?
In the financial market, all you play with is confidence!
Once you lose the "confidence" of investors, it will be useless no matter how much money you invest to stimulate the market.
Everyone will definitely hold their pockets tight, live frugally, and not even dare to make normal purchases, let alone play with finance.
And the most ridiculous thing is that before the subprime mortgage crisis broke out, the company that set up a trap for Baguo International Group was Gaosheng Group under the Foundation!!!
If Solomon wants to save the situation now, he must pay to save the Baguo International Group.
If Baguo International Group is saved, Gaosheng Group will have to pay back the money it earned from short selling.
It's like taking care of the head and ignoring the butt.
Even Solomon himself did not expect that his own group would send him such a big gift package.
There are only a few hours left before Baguo International Group publicly defaults.
Countless high-ranking officials of the Hegemonic State went to the headquarters of the Foundation for help, demanding that Solomon must pay to save the Hegemonic State International Group.
The CEO of Gaosheng Group also came over to report the situation: "Boss, Gaosheng Group has signed a huge gambling agreement with Baguo International Group.
If you save Baguo International Group, Gaosheng Group will be doomed!"
Solomon's heart was bleeding!
If you want to revitalize the Baguo International Group, you will need at least tens of trillions!!!
Moreover, this money is thrown in for nothing, there is no benefit at all!
Because the money will eventually flow into the pockets of retirees, patients and unemployed people, and his Gaosheng Group will die!
But Solomon didn't dare not save him!
The insurance money of this group is the capital of the hegemonic country!!!
Without the national capital, the Naha national currency will be worthless!
Solomon said in a hoarse voice: “Spare no effort to save the Hegemony International Group!
This company must not be allowed to fail!!!"
