Chapter 2256 Both Sides Let the Bullets Fly
Chen Mo narrowed his eyes, stared at Li Cheng and continued:
“So we must use thunderous means to destroy the confidence of investors in the hegemony country and even the world before they regain confidence in the housing market, so that they will fall into panic again and let the crisis break out in full force!”
In the previous life, after the moments like Bells and others, although the economy of the hegemonic country was not good, it was not always declining. Instead, once the hegemonic country’s officials took action, the economy would be good for a while, and then continue to decline.
It dragged on until the Lehman crisis, when it finally broke out.
Chen Mo didn't want this kind of procrastination because he couldn't afford it.
We must cut through the mess quickly!
Otherwise, his previous layout might be in vain.
Seeing that Li Cheng was still trying to question him, Chen Mo became impatient:
"Li Cheng, conservatism is your characteristic, not mine!"
"My style of play is aggressive, I will just fight if I don't agree!"
"We have already signed an agreement. If I lose, the shares of Moyuan Capital will be yours! I'm not afraid, so why should you be afraid?"
"No wonder you like to play the long game, buying a piece of land and selling it 20 years later. If you don't know how to play the short game, just shut your stinky mouth and don't make trouble!"
After saying that, Chen Mo hung up.
Then Li Cheng found out that he had been blocked.
Li Zhejun asked worriedly, "Dad, this Chen Mo looks like a lunatic! How can he burn 10 trillion in 1 minutes?"
"In the past, a war of trillion-level magnitude would have taken at least one or two years!"
Li Cheng sighed: "In fact, what Chen Mo said is right. If you doubt someone, don't employ him. If you employ someone, don't doubt him. Since we have already invested, we can only trust him.
Fortunately, we have the original shares of Moyuan Capital to back us up, so we won’t lose money.
But I always hope to earn a little more.”
the other side.
Han Li's reply sounded:
"Mr. Chen, the short selling of one trillion yuan has ended!"
Chen Mo raised his head and looked at the computer screen.
The above shows that the abx index has fallen by more than 6 points.
Han Li asked: "What should we do next?"
Chen Mo said in a deep voice: "Let the bullet fly for a while."
One trillion was shorted in 10 minutes, which means that 10% of the financial trading instruments related to the real estate of Baguo were shorted in these minutes!
The retail investors and institutions in the hegemonic country, who had regained some confidence, looked at the dense short-selling orders of billions and tens of billions on the trading panel, and their scalps tingled and they were filled with fear!!!
The subprime mortgage crisis is not over at all, it has just begun!!!
If we continue like this, the stock market crash will come, and then the most terrible economic crisis!!!
Everyone is going to go bankrupt!!!
Traders from Lehman Brothers and other institutions have raised questions to their superiors:
"Manager, the Sky God camp is too scary. It pushed the ABX index down by 10 points in just 6 minutes!"
"In the past seven years, during the most depressed period, the ABX index only fell by 7 points in half a year, and the God of Air Force did it in 6 minutes!"
"Damn Lehman Brothers, he was afraid that he would become the next Bear St, so he asked us to die together!"
"Sell it! It's better than losing everything after a big drop!"
"..."
Chen Mo's crazy methods instantly destroyed the confidence of all investors in the hegemonic country.
Panic spread rapidly.
People in the stock market were selling frantically, but no one was buying.
CDO holders would rather take the risk of default than cash them out. On that day, 100 banks issued bank run risk warnings!
And the CDs of various institutions were sold out!
The frenzy of shorting mortgage assets is taking shape quickly!!!
Now there is no need for Chen Mo to continue short selling, the ABX index is also falling wildly!
-1%
-2%
……
-10%!!!
The abx index was 100% in total. In just one hour, it dropped to a level never seen in the past 10 years!!!
When reflected in subprime bonds, it means that the value of CDO has fallen by at least 10%.
But everyone knows that between a 10% drop and a drop to 0 value, there will not be ups and downs in between, but it will be like jumping off a building!
If you can't hold it back, it will plummet three thousand feet!
……
……
Foundation headquarters.
Solomon looked at the big screen in front of him, frowning.
Behind him, the head of the black traders under his command kept making reports.
"Mr. Rothschild, the Sky God camp is increasing!"
"Mr. Rothschild, the massive sell-off is still increasing! It has exceeded 9000 billion!"
"The amount of short selling has exceeded 1 trillion!"
"The market panic is increasing, and now retail investors are also selling, and the amount of short selling has exceeded 11000 trillion!!!"
"..."
The black trader was sweating, and his originally dark face turned pale.
The atmosphere in the entire trading hall became more solemn because of the reports!
Hannibal couldn't help asking, "Solomon, the stock market and the ABX index are both falling, why haven't you made a move yet?"
Solomon responded: "He dared to spend 10 trillion in 1 minutes. Who dares to follow him? Even if I had 100 trillion, I wouldn't dare to do that.
This is not a child’s play.”
"Don't worry, the Fed's rate cut is a huge boon, and the short selling time of this 1 trillion can only last for a short time."
"When the enemy is exhausted, we will release the news that Bells and others have been rescued. Then we will make a big move! The panic in the market will naturally dissipate."
Hannibal: "What should we do if Chen Mo continues to act recklessly?"
Hannibal smiled: "The fall in housing prices and the advent of the subprime mortgage crisis are inevitable. If Chen Mo does not increase leverage and simply shorts for a long time, I really can't do anything to him.
Of course, in the long run, our foundation can also make money by dominating the Federal Reserve and harvesting the world, and he can't do anything to me."
"Fortunately, Chen Mo is a reckless man. He actually wants to take a short-term risk with us when he doesn't have many chips in his hand."
"As long as we drain his cash flow in the short term, he will be left with nothing but helpless eyes when the subprime mortgage crisis breaks out!"
Hannibal said distressedly: "But the housing market is not doing well, and our losses are not small. Is there really no way to save it?"
Solomon snorted coldly: "To save the housing market, we must make the people of the hegemony country and even other countries willingly take on debt to buy houses.
Do you think this is still possible under this environment? "
"And now that inflation is so high, monetary policy can only move in the direction of tightening. Otherwise, if a loaf of bread costs 10 marks, guess what will happen?"
Hannibal shuddered suddenly.
Solomon sighed and patted Hannibal on the shoulder: "Old buddy, the subprime mortgage crisis will definitely hurt even our foundation."
"But as long as we defeat Chen Mo, we can minimize the losses."
"We can make up for it by conquering the whole world later on, and we can get back to the top."
