Black technology: starting from ten thousand times faster

Chapter 195 Capital Has No Compassion

The economic crisis in Sakura Country not only seriously damaged the people of Sakura Country, but also affected many companies that trade with Sakura Country.

after all.

The depreciation of Cherry Blossom Coin means that other currencies have appreciated relative to each other. For example, with the same Eagle Dollar, you can now buy more Cherry Blossom products.

This is conducive to the export of Sakura's domestic products, and has allowed some foreign trade companies mainly engaged in export business to live very well in this crisis.

And their products are exported to other countries in large quantities, which will seize the markets of other countries, affect local companies in other countries, and even cause some companies to go bankrupt.

This is the aftermath of the economic crisis.

The whole world will be affected.

In addition, many international capitals joined this currency war to take over Sakura Coins. At this time, many of these capitals also went bankrupt and affected many related companies.

Under the superposition of various influences.

The economic crisis that happened in Sakura Country has gradually spread to more and more countries, causing more and more turmoil.

Especially some financial institutions in various countries.

For example, those who hold a large number of Sakura Coins in their hands, or those who have a large number of Sakura Coin claims.

Among them, the ones with the heaviest losses were the banks or securities companies that borrowed heavily from the various subsidiaries of the Apocalypse Group under ten times the leverage.

You know, Tianqi Group now has so many subsidiaries under its name that it is a bit incalculable. They have borrowed as much as 14 trillion cherry blossom coins with ten times leverage from many financial institutions around the world.

Converted to 7000 billion dragon coins.

With the crazy depreciation of Sakura Coins, according to the current exchange rate of Sakura Coins to Dragon Coins of 30 to 1, after they take back 14 trillion Sakura Coins, the value is only equivalent to 700 billion Dragon Coins.

Equivalent to a net loss of 300 billion!
Even if the money is distributed among more than [-] financial institutions in various countries, it is equivalent to a loss of billions of dragon coins for each of them.

This was enough to cause most of these financial institutions to declare bankruptcy outright.

And the bankruptcy of these financial institutions will cause many chain reactions, making the lethality of this economic crisis more and more terrible.

of course.

Ordinary people outside Sakura Country, most of them are not very obvious about these feelings.

But in the eyes of various countries and major capitals, there is no doubt that this economic crisis is terrible.

And all this.

They were all initiated by Tianqi Group.

Or it was initiated by Su Xin.

He almost single-handedly started the situation, while others, no matter whether they made money or lost money, were just followers in this currency war.

Only Su Xin is the main chess player.

This made many people truly feel the deterrent power that Su Xin possesses for the first time.

He is no longer the fledgling upstart in the business world, but has fully grown into a unique giant in the global business world.

Even if Su Xin's technology and R&D capabilities are not considered, the capital he currently possesses is a terrifying existence that no one can ignore.

Including the world's most powerful country, Eagle Sauce Country, is also very afraid of Su Xin at this time.

In this currency war, they sold a large number of Sakura coins with Su Xin, and because of this, they can feel the strength of Tianqi Group's capital better than ordinary people.

The point is that all the capital of Tianqi Group is owned by Su Xin alone.

No matter what he wants to do, he can make a decision with one word. He doesn't need to discuss with anyone, let alone anyone's consent. He can easily mobilize all the funds owned by the group.

He is not afraid of losing money.

Don't be afraid of anyone.

In addition, his character is still so stubborn, he will throw everything at every turn, and he will not hesitate to launch a currency war, and at the cost of the worldwide economic crisis, he also wants to take revenge on the Cherry Blossom Country.

Facing such a ruthless person with invincible financial strength and decisive heart, even if he is as strong as Yingjiang, he has to be included in the list not to be easily provoked.

……

the following few days.

Many people are still dumping Sakura coins.

And with the arrival of Monday, the stock market opened, and the economic crisis spread to the stock market. In addition, the stock market was sluggish under the attack of Su Xin. With the combination of the two, the collapse of the stock market in Sakura Country is even more exaggerated than that of Sakura Coin.

It seems that the capital of the whole world is desperately fleeing from Sakura Country.

Under the economic crisis, so many people chose to make a leap on the first day, and the worsening situation after that made more people make the same choice.

The entire Cherry Blossom Country is filled with a tragic atmosphere.

This made many people feel emotional, as expected, there is no worst, only worse.

however.

When the Cherry Blossom Country was in depression and misery, global capital had no sympathy for it.

They not only frantically escaped from the country of cherry blossoms, but also watched the situation of the country of cherry blossoms, ready to turn around and give the country of cherry blossoms a backstab at any time.

The word crisis.

It means that after the danger, there is an opportunity!
……

1 month 28 day.

It is also the 29th day of the twelfth lunar month.

With the approach of the Spring Festival, there is a festive atmosphere everywhere in the Dragon Kingdom, and it seems to be two worlds with the miserable Sakura Kingdom.

Sujiazhai is also very lively every day.

The villagers who usually work outside have basically come back, visit each other every day, or sit at the door of someone's house to chat, or go to someone's house to play cards.

Su Xin occasionally accompanied Liu Xuewei to drive nearby to play, and occasionally accompanied a few childhood friends to get together, and his life was very leisurely.

Of course, every morning, he would take time to communicate with Luan Weiliang about the financial market trends, and then make corresponding strategic decisions based on the various data collected by Tianwei Steward.

This financial war is not over yet.

The economic crisis in Sakura Country is only the first half of this financial war.

This morning.

Su Xin and his family had breakfast together, sat in the yard and chatted for a while.

At ten o'clock, he walked into the study on time and dialed Luan Weiliang's video call.

After the latter reported today's financial trends as usual, Su Xin said thoughtfully:

"The decline of Sakura Coin has begun to flatten, and it seems that it will reach the lowest point in a short time. Maybe we should consider closing."

"How are our earnings these days?"

Speaking of this topic, Luan Weiliang immediately became excited, and his tone subconsciously became high-pitched:

"There are still a total of one trillion cherry blossom coins in the hands of various subsidiaries that have not been sold, but the 15 trillion cherry blossom coins that have been sold have allowed us to recover 500 billion dragon coins."

"According to the current exchange rate and trend, considering that our repurchase will lead to the recovery of Sakura Coins, it is estimated that 500 Dragon Coins will be needed to close the position, and it will not exceed [-] billion at most."

"That is to say."

"Counting the deposit, we can have at least 700 billion dragon coins left, which happens to be the cost of all the funds we invested this time."

"So, the trillions of Cherry Blossom Coins that have not been sold in our account are pure profits."

"If we can suppress the price when we close the position, we can make some extra money."

"but……"

"The losses in the stock market are somewhat severe."

(End of this chapter)