Chapter 2204 Alliance
The richest man in the East, Chen Mo, who can make trillions of dollars in just one wedding, now actually says that he is very short of money.
Others will probably laugh out loud after hearing this.
However, if he wants to short the world's largest economy and the world's largest country, the money in Chen Mo's hands can only be said to be a drop in the bucket!
In the last life, even though the hegemonic country experienced several economic crises, it was still able to remain number one in the world.
As long as they cannot win it all at once, the foundation and the hegemony can transfer the risk to the whole world through the hegemony Fed to raise and lower interest rates, and then slowly recover and wait for the economic recovery.
The Foundation and the Overlord are just like vampires. If they are not eliminated at once, they will suck blood and regenerate.
"Why don't you go back and tell yourself?" Jiang Pengyue asked doubtfully.
"I need to lobby neutrals in various countries to get them to join in and fight against the Foundation.
With my current resources and connections, it is almost impossible to deliver a fatal attack to the Foundation and the Overlord. "Chen Mo said.
"I understand, I will go back and convey this message to everyone." Jiang Pengyue said.
After hanging up the phone, Chen Mo immediately turned on his computer and made a list!
"The Cliff Consortium of the Overlord, the Churchill Family of the Sunset Empire, the Cavendish Consortium of the Lanxi Empire, the Flick Consortium of the Crested Ibis Kingdom, the Quwant Family..."
Although the foundation is the world's largest economic organization.
But there are still many big chaebols and big families that remain neutral towards the overlord and the foundation.
Otherwise, the foundation would not be able to be "invisible" and choose to silently control the world economy behind the scenes.
If Chen Mo could unite all these plutocrats and families to do this big thing!
Then the hope of victory will be greatly increased!
Early the next morning.
Chen Mo washed up and came to the Cliff Consortium, one of the top ten chaebols in the country, in high spirits.
This consortium is a large monopoly capital consortium in the central and western hegemony. Its business is mainly based on basic industries. It started with steel operations and gradually developed into rubber, railway and machine manufacturing sectors.
In the overlord industry, the consortium occupies a very high position.
However, in recent years, Overlord Industries has gradually distributed its business to various countries around the world and focused on financial and high-tech harvesting. As a result, the status of the Cliff Consortium has declined a lot.
Even so, Cliff Consortium can still rank sixth among the top ten consortiums.
This is the first target Chen Mo wants to win over!
Soon, Chen Mo was interviewed by Rexel Cliff, the actual controller of the Cliff Consortium.
This is a middle-aged man over 50 years old. He wears glasses and looks very wise and elegant.
"Hello, Mr. Chen, what brought you to me?" Rexel Cliff said with a smile.
Chen Mo first chatted with him for a while, and after finding a suitable opportunity, he revealed the purpose of his trip:
"Mr. Cliff, I need your help."
Rexel smiled: "Mr. Chen, are you kidding? With the size of Moyuan Capital, even if it is not as good as the foundation, it can definitely kill any of our top ten consortiums in an instant.
When it comes to help, it’s only right that I ask you for help! "
Rexel did not accept the move.
Now it's Chen Mo and the Foundation, and Daxia and Overlord are fighting in the gods.
For a mortal like him, the best thing to do is to stay far away, and don't even get close to avoid being accidentally hurt.
"The real estate market in Hegemony is about to collapse. When the time comes, the subprime mortgage crisis will occur, followed by a chain reaction, and an unprecedented economic crisis will occur in Hegemony!"
"The wave is so big that everything from foundations to ordinary people earning meager salaries will be swept away. The Cliff Consortium will not be able to survive alone."
"When I come here to ask for your help, I am actually helping you."
Chen Mo smiled lightly.
"Mr. Chen, when you debuted, you made your fortune by fooling people. I have heard about it for a long time.
I didn’t believe it before, but when I saw it today, it was indeed extraordinary! "
Rexel clicked his tongue and said in wonder.
"Don't believe it?" Chen Mo asked.
"Of course I don't believe it! House prices have skyrocketed like crazy in the past few years, and even the price of the land we bought has been affected by the skyrocketing by more than ten times.
The size of Baguo Real Estate is, without exaggeration, almost comparable to the GDP of 10 of your countries!
Rich people all over the world have been betting crazily on this over the years! "
"The foundation's think tanks, financial experts from various countries, and the world's top real estate developers must protect the real estate industry and prevent it from falling apart!"
Rexel said with great certainty.
Chen Mo said calmly: "Your consortium should have a securities department or a financial department, right?
Get some people over here, get some bricks over here, and I can prove my point. "
"Mr. Chen, although I know that no matter what the outcome is, I will never interfere in the grudge between you and the foundation."
"But I am willing to give you face once."
Rexel picked up the landline and dialed a number.
After a while, a group of people came over carrying notebooks.
Chen Mo immediately began to direct: "You and you, build the blocks. It's the kind of game where you draw one and I draw one to see who will collapse after drawing the blocks."
"Go ahead and open your notebook."
Although this group of people from the securities department didn't know the reason, they still took action.
“Has the ABS Index reached its peak?”
Chen Mo asked.
"Let me check... Huh? When did abx (asset-backed securities index) drop by 5 points? Why is it so low?"
A staff member said slightly surprised.
The lower the ABS index, the lower the value of the mortgage-backed securities.
The lower the value of the mortgage bonds, the more money Chen Mo can earn from the CDS products he purchases.
Rexel's expression changed after hearing this.
Why did this thing drop so fast?
And why did it drop so quietly?
Recently, the Federal Reserve has cut interest rates, and leaders of major countries have supported the real estate industry and reduced taxes.
There is no reason why abx will drop?
Chen Mo saw that the building blocks were set up, so he pointed at the building blocks and said: "Look at this strip building block, this is the composition of your Hegemonic Home Loan Securities.
Before the emergence of subprime loans, the loan default rate was very low, and it had official endorsement and guaranteed quality. Therefore, mortgage securities were classified as 3a level. "
"But after the emergence of subprime loans, the risk of mortgage defaults has become higher and lower, and their corresponding mortgage bonds have also become higher and lower."
“It’s like this strip building block, with high-rated, low-risk bonds at the top, and low-rated, high-risk bonds at the bottom.”
"Once the economic growth slows down and housing prices fall, those borrowers who lack the ability to repay will be the first to repay their debts, and the underlying bonds will default first."
With that said, Chen Mo took off the bottom piece of the building block.
Just by removing one piece of the building blocks, which symbolized the real estate securities of Hegemony, it was already crumbling, as if the building was about to collapse...
