Chapter 2390 IMF
Chen Mo didn't say anything and came to Chen Xiaoye's room.
Just now, Chen Xiaoye had been looking out through the peephole and knew everything that was happening outside.
As soon as Chen Mo came in, Chen Xiaoye said happily: "Brother, you were so handsome just now!"
In Chen Xiaoye's opinion, since Li Zairong was beaten like that and Li Enzhu was even disfigured, the matter should end here.
The Li family is indeed as powerful as a mountain.
It is almost impossible to force the Li family to surrender.
Chen Mo touched Chen Xiaoye's head and said with a smile: "It is a brother's responsibility to protect his sister."
"Xiao Ye, don't worry. Since I said I would stand up for you, I will definitely do it."
Before rebirth, others could bully the Chen family at will.
After rebirth, others can still bully the Chen family at will.
Then wasn’t Chen Mo reborn in vain?
In this life, Chen Mo’s bottom line is his family!
He will attack anyone who makes a move, no matter who you are.
After comforting Chen Xiaoye.
Chen Mo called Tianjixing directly: "Master Feng, I want to sanction the Sansang Group!"
Feng Hongyang was startled: "What happened?"
Chen Mo briefly introduced the whole story.
Feng Hongyang was furious at the time: "Sanctions! Must be imposed!!! If anyone touches my family, I will do the same as you."
After a pause, Feng Hongyang continued, "But... it's not easy to sanction the Sansang Group, right?"
Sansang Group has its own industrial chain.
The financial statements look damn good.
Now he is the Foundation's top lackey.
Feng Hongyang found it very difficult to sanction it.
Chen Mo laughed: "Mr. Feng, you have been fighting difficult battles for too long, and you don't know how to fight prosperous battles anymore!"
"The present Daxia is no longer what it used to be. If we want to punish Sansang, we have many ways to do it!"
"And let me tell you, sanctioning the Sansang Group is not just to avenge my sister, it is also related to the New Six Nations Alliance!"
Feng Hongyang suddenly came to his senses!
Yup!
A large part of the Yin Yang Kingdom’s financial resources comes from the Sansang Group!
This time, Yin Yang Country participated in backstabbing Chen Mo and going long on the Ke country market, and the Sansang Group must have spent a lot of money.
If the Sansang Group can be sanctioned and the Li family can be forced to surrender, then the Yin Yang Kingdom, one of the two main forces in the new Six-Nation Alliance, will lose its combat effectiveness!
Feng Hongyang nodded vigorously: "I didn't think of this level. I simply thought you were just trying to avenge your sister! Or you should think about the long-term."
Chen Mo smiled and said, "What if I say that the sanctions against the Sansang Group are also related to the subsequent short-selling of the Hegemony?"
Feng Hongyang was stunned and asked, "How can this be related?"
Chen Mo slowly explained the relationship here.
At the end of 1997, the Eastern financial crisis was triggered by international short sellers such as Soros who shorted Southeast Asian countries.
The Yin-Yang Kingdom was not immune and was dragged into it.
Foreign investors have been selling stocks for days. As soon as the Yin-Yang Country opened, the stock market plummeted, and it dropped by 10 percentage points in less than 20 minutes!
You know, this is the worst drop even without any short-selling attacks!
This is a phenomenon that has never occurred in the Yin-Yang Country stock market since its establishment.
The head of the Yin Yang State's bank's monetary policy group even estimated that Yin Yang State was only one week away from national bankruptcy!
If Yin-Yang Kingdom could not find any financial assistance after a week, it would be forced to declare bankruptcy and become the first developed country in the East to go bankrupt.
As the crisis intensified, the Yin-Yang State officials had to seek help from the International Monetary Fund (IMF).
This organization is very interesting. It was founded by the Rothschild family and is affiliated with the foundation.
Ostensibly, the IMF's responsibilities are to monitor currency exchange rates and trade conditions of various countries, while also providing technical and financial assistance to ensure the normal operation of the global financial system.
Just by looking at this responsibility, it is not difficult to see how high the foundation considers its status.
It seems that it regards itself as a financial organization that is necessary for all countries in the world.
The IMF and the World Bank were established at the same time and are listed as the world's two largest financial institutions.
The World Bank is relatively unfamiliar to ordinary people. Its purpose is to support the development and construction of its member countries and it can provide low-interest loans or assistance to developing or poor countries.
From this perspective, you will find that although the World Bank is called a bank, it is essentially a "charity fund" that can help poor countries a lot.
But the IMF is different.
Its most basic task is to provide loans to help solve short-term funding and foreign exchange problems when a country faces difficulties in balancing its payments.
but!
Pay attention to this but!
To borrow money from the IMF, countries not only have to repay the principal and interest, but also have to meet a series of stringent conditions set by the organization, even requiring the recipient countries to implement the economic reform plans it stipulates.
How stringent are the conditions it proposes?
A country's tariffs, minerals, oil and other things that are the foundation of a country are always required to be mortgaged when the IMF provides loans!
Someone asked, why can the foundation of the country be used for mortgage loans?
Wouldn't it be better not to agree to this unreasonable request made by the IMF?
If you don’t want it, you will die; if you want it, you still have half a life and there is a possibility of rescue later.
If it were you, how would you choose?
Therefore, even though they know that the IMF is taking advantage of the situation, countless countries facing bankruptcy have no choice but to agree to its demands.
This is also one of the simplest ways for the Foundation to "shear the sheep".
During this period, Chen Mo's wool-shearing operations in those bankrupt countries were actually learning from the IMF.
For example, Yin Yang Kingdom was forced to sell off many of its assets while accepting aid from the IMF in late 1997.
As a result, in the end, the largest shareholders of several major companies in Yin Yang Country were all foreigners.
One of the conditions for IMF aid is to allow foreign investment to hold more than 51% of the shares of major Chinese companies.
This is clearly shameless!
Under normal circumstances, any financial organization with a bit of dignity would never openly demand a stake of more than 50%.
And asking for 51% is telling you clearly that I want absolute control and want to seize your best resources!
As a result, numerous Wall Street tycoons invested in Samsung Group and bought its shares. In the end, Wall Street held 98% of Samsung Group's shares!!!
Of course, over the years, the Li family has been buying back shares, and the Wall Street tycoon’s share of shares is no longer as exaggerated as it was at the beginning.
The Li family actually controls the company's operations through its personnel rights, capital flow rights and voting rights.
However, everyone has a consensus - the Li family is just an agent.
The real owner of the Sansang Group is actually the Foundation!
When it comes to the most critical moment, the foundation can change agents at will!
This is also why, the foundation can take back the shares that Li Jianxi gave to Chen Mo with just one word, without even the consent of the Li family!
"The Sansang Group is a loyal dog deployed by the Tyrant Country and the Foundation in the East. If we can kill it, it will be equivalent to strangling a powerful assistant of the Tyrant Country in the East!"
