Violators Club

Chapter 383 High-level Meetings
Chapter 382 High-level Meetings

The meeting starts at 10:[-] and [-] minutes.

Lu Minghua has a habit of being 10 minutes ahead of schedule.

But when he entered the arena, more than half of the people in the conference room had already arrived.

Of the ten or so people present, most of them have a good relationship with Lu Minghua, but there are also a small number of people, such as Cai Yuanqi, the current police chief. There are serious differences between the two, but most of them make trouble in private

As for the bright side?
They are all important people who need face, so they still put on a friendly look on each other's faces.

Especially Cai Yuanqi, who obviously disliked the other party, the chief of the security bureau, but when he saw Lu Minghua coming in?
Even though he was playing with his mobile phone at the moment, there was still a warm smile on his face, and he even took the initiative to say hello, giving people the impression that the two of them were very good friends.

"Director Cai, you're here so early."

"Director Lu, it's really hard for you to come."

"What about texting your wife?"

"I can't help it. I have a meeting today. I was afraid that she would be worried, so I sent a text message in advance so that she doesn't have to wait for me to eat."

The two were chatting, and no one could see that they actually had deep conflicts.

Although it is very complicated and tiring, there is no way, this is politics.

Just like that, after another 8 minutes, the door of the meeting room was opened.

Wearing a Chinese tunic suit, the chief executive walked in with a thermos in his hand, followed by a secretary in his forties. Looking at the crowd who had already arrived, the chief executive who put the thermos on the table coughed lightly at this moment With a cry:
"The situation is urgent, so I won't talk about it today if it's superfluous."

As he glanced around, the chief executive's eyes couldn't help but become a little sharper:
"The main purpose of bringing everyone here today is to discuss the issue of the currency crisis. Chief Financial Officer, please talk about the situation first, and then everyone will focus on the discussion."

Conference room on the 28th floor of the Administration Building.

At this moment, sitting here is the most powerful group of people in Xiangjiang, even the lowest rank, they are all the top leaders in the management of a department.

The Chief Financial Officer held a stack of reports in his hand, which detailed the current situation of Xiangjiang and the dangers that may occur next, including some large companies with unhealthy funds.

No way, when the ghost was still there.

Anyone who can get up, most of the companies have a relationship with the ghost.

Later, because he knew that Xiangjiang was going to return, and he knew that he would not stay in Xiangjiang for a long time, he began to transfer most of his assets.

Many people say that the Hong Kong financial crisis in [-] was caused by the bursting of the housing price bubble, which is right or wrong.

To be precise, it should be an avalanche, and no snowflake is innocent.The house price bubble is a big problem, but these big companies that have been siphoned out of their funds also have a big problem.

In the final analysis, the culprit of all this is the ghost.

Just like the wild animals that burned the Old Summer Palace back then, many ghosts held the idea that even if I couldn't take it away, I wouldn't leave it for you, especially during the period before Xiangjiang's return, they could act with the word crazy.

It was they who gathered a large amount of wealth together, and it was they who emptied all the wealth gathered together, and finally left Xiangjiang with only a shell left.

However, compared to the debates at the meeting, Lu Minghua was thinking about another issue at the moment.

I remember that Chen Changqing told himself before that he would find a way to solve this crisis.

But the question is, can Chen Changqing really solve Xiangjiang's problem?
At present, the funds that Hong Kong can use are 500 billion Hong Kong dollars. As the three major banks in the bailout list, after removing Huo's Bank, the remaining three banks can prepare a total of 800 billion Hong Kong dollars, HSBC 400 billion, and Standard Chartered and Wing Lung. 200 billion.

The total is 300 billion Hong Kong dollars.

This is an incomparably huge sum of money, which is more than twice that of Huo's Bank at its peak, and it is enough to change the pattern of any area in Xiangjiang.

But the problem is!

According to the investigation, the national speculators who are about to log in to Xiangjiang this time have more than 1000 billion U.S. dollars at their disposal!

In other words, there is a huge gap of at least 700 billion Hong Kong dollars on my side.

Lu Minghua believed in Chen Changqing, but when he thought of the huge gap in strength between the two sides?
Even though he has a big heart, he couldn't help but feel a little flustered at the moment.

At the same time, when Lu Minghua was worried, the director of the Development Bureau next to him patted the back of his hand:

"Old Lu? Old Lu?"

Waking up from his stupor, Lu Minghua waved his hand embarrassedly when he saw the eyes of everyone present looking at him:
"I was thinking about a problem just now, and I was stunned. I'm sorry, where did I go?"

The chief executive nodded and smiled, glanced around, and cleared his throat after the chief financial officer finished explaining the situation:
"Speaking of Hong Kong's pegged exchange rate system and current preparations, the financial crisis has put a lot of pressure on the monetary system. What do you think?"

The voice fell, everyone present, you look at me, and I look at you.

Although the expressions were extremely exciting, none of them took the initiative to speak.

It's not that the question is so complex that everyone is left speechless and pondering.

The few people sitting here are all elites among the elites, and they have a very thorough view of the problem. Besides, the current currency crisis itself is not very complicated. The reason why they don't speak up is mainly because everyone has concerns.

It's okay to support the battle in the end, but the problem is what to do if you lose?
Once the financial war starts, the ultimate loss will not be the superficial 300 billion Hong Kong dollars. All walks of life will be affected in a short period of time, and it will also affect the subsequent economic development of Hong Kong in the long run.

The economic problems of Xiangjiang itself are very serious. Now if the last bit of family property is also wiped out, what will be done in the future?
And stand at another angle.

That is, the surrender supported by some people present. Although their idea can save part of the economy, it is too ugly in face.

You know, even a place as poor as Siam has been fighting for a while, not to mention Xiangjiang, which is known as the Four Little Dragons.

In addition, after the financial crisis is over, everyone will dig out today's meeting.

Yo, you were the one who supported the surrender?

Surrendering without a fight is an infamy that ordinary people can't bear, and what about the losses from the currency crisis?
People at the grassroots level are also human beings, and they also have their own feelings. They lost so much money for no reason, and their lives are getting worse and worse. Their emotions also need to be vented, and swearing will be inevitable.

And who are you scolding at this time?
It must be their surrender dogs who lose power and humiliate the country.

So at this time, everyone in the meeting was silent, and everyone was unwilling to be the first to speak, because it was no good to be left or right, and it would cause a commotion instead.

This made the Chief Executive's expression sink. When this meeting was held, he had thought about this issue.

But he didn't expect that there was not a single person who dared to speak.

This made him very angry, but there was nothing he could do, he couldn't force them to speak, could he?

And when the chief executive's expression flickered and he was thinking about how to make these old foxes speak next, Lu Minghua, the director of the Security Bureau, who was not far away from him, stood up:

"I don't think we can give up. I think everyone will know how miserable Siam's fate is. If left alone, it will definitely have an impact on the market, and it will also severely damage the confidence of the public."

The origin of this currency crisis was a new policy issued by Siam.

It used to be a fixed exchange rate system, but this time, I don’t know what Siam thought, and dared to fully open the exchange rate system.

You must know that although Siam is developing well, it is only a small country in essence. In the face of crazy capitalists, Siam with an open exchange rate system seems to know that there are big bad wolves outside the door, but it just wants to open the door.

Just because the big bad wolf told you he wouldn't eat you?
The result of being too stupid and naive is just two words - cool and cool.

Nowadays, under the frantic plunder of capital, Siam's economic losses have reached an incalculable level, and it is expected that it will not be able to recover in the next four to five years, let alone economic growth.

On the other hand, Xiangjiang has not fully opened up the currency system like Siam, but if the other party is allowed to act recklessly in the currency market of Xiangjiang?
Indeed, Lu Minghua has a cautious personality, and usually gives people the impression of being dovish.

But in the face of such national events, he is an out-and-out hawk.

At the same time, Lu Minghua's voice had just finished speaking.

Before the chief executive could speak, Cai Yuanqi, who was on the opposite side, said first:

"I also think the same way, but everyone knows the situation this time. It is said that those international speculators from abroad have gathered together, with a total fund of more than 1000 billion US dollars. Isn't this force a bit too strong?"

(End of this chapter)