Chapter 2308 Shearing Operation
Once a country falls into a debt crisis or even goes bankrupt, its high-quality assets will become fat fish.
Harvesting such high-quality assets is called "sheep shearing".
In the past, the Foundation used a series of complex economic and financial strategies to “fleece” other countries.
"Hello, Mr. Chen."
Acting Emperor Papu Lias smiled obsequiously, his 2-meter-tall body slightly bent to show respect.
Chen Mo nodded lightly, then walked straight to the throne in full view of everyone, sat down, raised his head proudly, and looked down at all the Greek ministers.
All the Greek ministers, including Pap, dared not speak out.
Chen Mo patted the exotic Greek throne and said to the bodyguards and secretary He Chaoling beside him with a smile:
“See? If a country loses its economic independence, it will lose all its dignity and face.
I sit on their throne, and they dare not even fart!"
He Chaoling looked at Chen Mo with admiration, her eyes full of passion and obsession, like materialized sparks.
Chen Mo lit a cigarette and said with a smile: "Let's get back to the point. Although the Greek country has declared bankruptcy, the debt owed can be temporarily suspended.
But as long as the problems of food and energy are not solved, Greece will continue to exist in chaos."
Pap smiled and said, "Mr. Chen, you are right. Carter, for the sake of petty profits, acted as a dog of the Foundation and the Hegemony, and harmed all of us in Greece.
We have discussed that as long as you can help us solve the problem, Greece will lift the sanctions on Daxia and publicly apologize to you and Daxia.
What do you think? "
Before Chen Mo could say anything, He Chaoling couldn't help but sneer: "Would a lion at the peak of his powers care about the apology of a starving chicken?"
Chen Mo nodded and smiled, "Papp, my secretary may be outspoken, but his words are true."
"You are all bankrupt. Who cares whether you apologize or withdraw sanctions?"
Papu's smile froze, and he barely managed to maintain it, and said awkwardly: "Then...then what do you want to do?"
Pap knew that he had to get stabbed.
He just hoped that Chen Mo wouldn't chop too hard.
Chen Mo narrowed his eyes slightly, and a curve appeared at the corner of his mouth.
He recalled the way the Foundation had “sheared the sheep” in the previous life.
There are roughly three types.
1. Debt restructuring: When the target country's economy is in trouble, the foundation may propose a debt restructuring plan, requiring the target country to use high-quality assets as collateral. These high-quality assets may include natural resources, infrastructure, key industries, etc.
Second, investment purchase: The foundation may take advantage of the opportunity brought by the economic crisis to purchase high-quality assets in the target country at a low price. These assets may have a higher value before the crisis, but their value may drop significantly during the crisis.
3. Financial assistance: In some cases, foundations may provide financial assistance to target countries, but often with harsh conditions, such as requiring the target country to sell its high-quality assets or accept the management and control of the foundation.
With this thought in mind, Chen Mo immediately said:
“I can get Daxia’s suppliers to resume supplying all of Greece’s essential goods, including food, energy, and bulk commodities.
But at the same time, you must agree to a few conditions. "
"It is imperative that Greece issue an announcement to revoke sanctions and apologize to me and Daxia. This is not within the scope of the conditions discussed."
"The first condition is that I want the Greek nation to use the Great Xia currency for settlement in the future, and no longer use the national currency. Anyway, your national currency is already cheaper than paper. Is that okay?"
Papu's face changed, and he hesitated and said, "But...but the Ou Meng...requires us to settle in Euros or the hegemonic currency..."
"Oh, that's what the Owl Alliance asked for. Sure, sure. Then I'll leave?"
Chen Mo pretended to stand up.
Pap hurriedly shook his head: "Okay, I promise you!"
joke!
The Ou Meng doesn't give us a penny of aid now, so what it says is of no use!
Chen Mo nodded in satisfaction: "Second, if you turn the central bank of Greece into a privately owned company like the Federal Reserve, I will own more than 70% of the shares and have absolute control!"
The corner of Papu's mouth twitched, and he was about to object out of habit.
Chen Mo continued, "Third, I want to take the lead in controlling Greece's tourism, shipping, fishing, agriculture, cultural and service industries.
The profits generated by these industries will be used directly to repay the debt to Daxia."
Pap and the Greek top brass were furious!!!
Among the industries mentioned by Chen Mo, the fishing industry accounts for about two-fifths of Greece's GDP.
Tourism accounts for one-fifth.
Several other items account for one-fifth.
Moreover, these industries are high-quality industries that are almost guaranteed to make profits, and they have always been monopolized by the Greek government.
Now Chen Mo opened his mouth and asked for complete control!
Isn't this equivalent to directly strangling the economic lifeline of Greece?
"Mr. Chen, you are taking advantage of the situation!
Every condition you mentioned is too outrageous and cruel!
Except for the first condition, I can barely agree to it. If I agree to the other conditions, wouldn't that be the same as being a traitor?"
Pappu said angrily.
