Chapter 2894 Financial Terror Balance
"Yes!"
Following Chen Mo's order, Han Li and other traders were like chickens with their blood pumped up, and sparks were flying from their keyboards and mice!
If we can successfully suppress the hegemonic currency and make it jump!
Then the Daxia currency can take over and replace it!
Chen Mo's ultimate goal can be achieved!!!
Now, the foundation has been disbanded, all members of the Rothschild family have been arrested, and Solomon has disappeared.
It can be said that in the hegemonic currency market, Chen Mo has almost no rivals!!!
The hegemonic country was in the midst of the subprime mortgage crisis, economic crisis, and official power transition.
Almost all global capital is on Chen Mo's side.
The right time, right place and right people are all here!
It will be hard to have such an opportunity again in the future!
At this point in the year, Han Li loudly ordered: "Everyone, be more efficient!!!"
"Close your positions as quickly as possible and short the national currency!!!"
"A new era is beckoning us! If we can succeed this time, we will be the pioneers of a new era!!!"
"The whole of Daxia will be proud of us!!!"
After a pause, Han Li simply stood up and continued to cheer himself up: "Do you know what will happen if we succeed in short selling?"
"In the future, bulk commodities, such as oil and natural gas, will be priced in Daxia currency instead of Hegemony currency, forming a new system of 'Oil Daxia currency'. Daxia will have absolute say in global resource pricing!!!"
Trade between various countries and Daxia Kingdom will be settled directly in Daxia currency, without the need for customs clearance and exchange of Baguo currency, which greatly reduces trade risks and transaction taxes. Our Daxia Kingdom will replace Baguo and become the world's largest trading market!!!
All countries in the world that want to engage in international trade must look at the face of us Daxia people!!!
If we want them to be poor, they will be poor. If we want them to be rich, they will rise to become developed countries just like the hegemonic countries supported the Sakura Country!!!
One thought can bring you to heaven or hell. Everything is controlled by the thoughts of us Daxia people!!!"
“To put it mildly, the money we have will greatly increase in value!!!
With a monthly income of 3,000, traveling around the world will no longer be a dream!!!
From now on, the poor people in our country, the low-income households, can also find a not-so-rich country to be their boss, just like the low-income households in the hegemonic countries! ! !
With the money we have, we can buy houses wherever we want. Girls from all over the world, seeing the Daxia currency in our hands, will rush over to us with enthusiastic smiles and shout "I love Daxia" and "Daxia is the best in the world!"
Even Chen Mo was a little excited by Han Li's encouragement.
Although this thing is a bit exaggerated, the general idea is correct.
If the Great Xia currency can really replace the Hegemonic currency, then with a monthly income of 3000, you can really become a big shot in many not-so-rich countries in the world!
By then, perhaps the welfare of the Great Xia Kingdom will be significantly improved, and development will no longer be driven by the demographic dividend, but by technology, trade, and absorbing the Great Xia currency dividends from countries around the world.
"Position No. 1 has been closed, and all positions have now been shorted!"
"Position No. 3 has been closed, all short positions on the Domination Currency!!!"
"Positions 5, 8, and 14 have been closed. Now all invested in the Baguo foreign exchange market, going all out to short the Baguo currency!!!"
"..."
The efficiency of the traders was unprecedentedly high, and sky-high positions were closed one after another, and all the funds were invested in short selling in the dominant foreign exchange market.
The imperial palace.
Donald rushed to Joseph's office and reported, "Lord Emperor, something bad has happened!!! Chen Mo has begun attacking the Hegemony Currency Market!!!"
Joseph's face darkened. "Damn it!!! How could he be so fast?"
Joseph just spoke to his superiors in Daxia on the phone today and plans to visit Daxia in the next two days to discuss how to jointly restore the economy.
Before he even arrived in Daxia, Chen Mo immediately closed his position and started working on the currency market!!!
"Chen Mo wants to bankrupt the country in one go!"
Donald sweatdropped and said, "At this moment, if Daxia Country joins forces with Chen Mo, and other countries sell off US debt, the possibility of our bankruptcy is over 99%!!!"
Hearing this, Joseph shook his head slightly: "Daxia Kingdom will not help Chen Mo."
Donald was stunned: "Why?"
Chen Mo is from Daxia. If Daxia doesn’t help him, will it help Baguo?
"jingle!"
Joseph pressed a button on the table, and a crisp bell rang.
The next moment, an elegant butler pushed a cart, placed a bottle of decanted fine wine on the table, and poured it for the two of them.
Donald looked at this scene with undisguised envy on his face.
"If one day I could sit in this position, I'd definitely make a bell like this. I'd press it and someone would send me an ice-cold Coke. That would be awesome!"
After taking two sips of wine, Joseph said calmly, "A long time ago, the former Bear Country and the Tyrant Country both had deadly weapons that could destroy each other.
But as long as one side launches, the outcome will inevitably be mutual destruction.
Therefore, both sides tacitly agreed not to act rashly.
This fragile equilibrium system, which is always in danger, is called the "nuclear terror balance."
"Since 2004, Daxia has become the second largest importer of Hegemony. Daxia's reserves of Hegemony currency have increased, and its purchases of U.S. bonds have also increased.
By now, it has reached the point where quantitative change has led to qualitative change.
The U.S. debt held by Daxia will become a nuclear issue in the financial sector."
Donald was confused and said dazedly, "My Lord Emperor, according to what you said, if the Great Xia Kingdom sold all of its U.S. bonds instantly, it would be enough to cause the price of U.S. bonds to plummet.
Given our current terrible debt level of nearly 50 trillion U.S. dollars, the U.S. will no longer be able to obtain financing through U.S. debt. Wouldn't we go bankrupt directly?
Why would Chen Mo need to work so hard then?"
Joseph waved his hand: "Don't worry, just listen to me."
"First of all, your assumption is not valid. If Daxia Kingdom wants to sell off its assets, someone has to take over. If no one takes over, it will just be a pure seller's market. What's the point?
Secondly, a very high proportion of the goods manufactured in Daxia flow directly or indirectly into the market of the hegemonic country.
Once the hegemonic state goes bankrupt, the economy of the Great Xia State will also be severely hit.
In a short period of time, the Great Xia Kingdom will not be able to find a trade market that can replace the hegemonic country. Hundreds of millions of Great Xia people will be left penniless. How terrible will the consequences be then?
Therefore, if Daxia really dares to dump U.S. debt, the economies of Daxia and the hegemonic country will face a lose-lose situation.
If our hegemonic country dares to force the Great Xia Kingdom to the point where it has to sell off US debt to save its life, it will also face a lose-lose result.
So the two countries have formed a mutually sustaining economic relationship.”
"Daxia's foreign trade accounts for one-third of its GDP, so Daxia needs a country with a large consumer market to help it maintain its foreign trade.
The hegemonic country needs Daxia to purchase U.S. bonds to maintain its finances.
The relationship between the two sides, which is similar to the "nuclear balance of terror," is actually the "financial balance of terror."
"So, do you understand why I'm not afraid of Chen Mo?"
