Rebirth: My 80s

Chapter 923 The Big Short

The autumn breeze is blowing gently, it is a season of harvest.

As usual, Domotoki, the director of the Tokyo Stock Exchange, came in the morning after inspecting the trading hall and various departments, and was in a very good mood.

The market is as steady as an old dog.

Shareholders made money, and he also gained a good reputation and political achievements.

Domotoki felt that he was lucky. Since he took this position, the stock market has been booming and no troublesome things have happened.

So his life is quite leisurely.

I returned to the carefully decorated office, brewed a pot of Gyokuro tea, and sipped it slowly while flipping through today's Asahi Shimbun.

Boom boom boom!
Doumoto Mu frowned slightly and glanced at the red oak door. This voice was not gentle at all. He liked all gentle things, such as women, and hated anything rude:

"Enter."

An executive of the exchange swirled in like the wind:

"Director, the U.S. bond and stock indexes have experienced abnormal fluctuations!"

Domotoki didn't care much about it, thinking that he was making a big deal out of nothing. This guy has always been like this.

"How abnormal?" he asked casually.

"From the opening of the market today to now, it has fallen by 0.7 points."

It doesn't sound like much. Domotoki subconsciously looked at the Rolex on his wrist. Only a quarter of an hour had passed since the market opened.

The executive added: “And it’s trending down further!”

Domoto Mu was getting a little impatient. He glanced at the pot of Gyokuro tea which was at just the right temperature and said unhappily, "Let's go and take a look."

The US dollar has always been stable.

It is even more stable than the currently bullish Japanese stock market.

A drop of 0.7 points in fifteen minutes was already abnormal, and there was even a downward trend... Domotoki thought, how could this be possible?
I haven't heard of any factors that could impact the US dollar recently.

Once this kind of thing happens, it will spread all over the world quickly.

After all, the U.S. dollar is the number one currency on the planet.

Any factor that can have an impact on it must be big news.

Soon, the two came to an office with a wall full of large-butt display screens.

Below the display wall, there is a red-painted table that is the same length as the wall, with seven or eight technicians sitting in front of it.

The executive who came with Domotoki pointed to one of the display screens on the wall:

"Look!"

Domoto Mu looked over and was startled.

It fell by 0.9 points.

This is just a notification...

It's so abnormal.

If the rate of decline continues, it is hard to imagine how low the U.S. Treasury bonds will fall by the time the market closes at noon.

The U.S. Treasury bond index is equal to the value of the U.S. dollar.

What caused the sudden plunge in the US dollar?
Domotoki searched his mind for all the information, but still couldn't find the answer.

"Check! I want to know why the dollar is falling so fast," he ordered.

Clap clap clap!

The keyboard tapping sounds suddenly became dense.

Technicians took advantage of the exchange's platform and various resources and immediately began looking for the cause.

Along with this, there is also the sound of a phone call - in the era when information was not well developed, the telephone was a common and convenient means of communication.

Of course, the most they can find are just clues in the financial market.

"Reporting to the Director, there are many huge orders to sell U.S. bonds in the market!"

"A huge amount? How much?"

"The minimum amount is 100 million, and the maximum amount is over 5 billion!"

Hiss!
Not to mention Domoto Ki, everyone in the room took a deep breath.

A 5 billion U.S. Treasury bond order?
Who has the ability to own so much US debt?
"Reporting to the Director, sell orders are pouring in, far more than these!"

Domoto Ki is really a bit wooden.

"Director, news has come from the New York market that a large number of large-value U.S. debt sell orders have also appeared there!"

"Reporting to the Director, there is also the German market."

"Director, the situation in the US market is even more exaggerated than ours!"

"Reporting to the Director, a similar situation has also occurred in the French market!"

Domotoki was dumbfounded.

What's going on?

His first thought was that someone was shorting the dollar.

The question is, who has the ability to do this?

Not to mention that this move requires unimaginable amounts of money, no one on this planet can play such a big game -

In the world's five major financial markets, the US dollar is shorted on a large scale at the same time.

"Director——"

"Shut up!" Domoto said rudely.

He needs to calm down and think carefully.

No, no, this is not the behavior of a certain capital tycoon or a certain investment institution, absolutely not.

This is the state machine in action!
And five state machines are operating together!
There is only one explanation.

Otherwise nothing will be accomplished.

First of all, if Americans don't want the value of the dollar to fall sharply, no one on this planet can do it, at least for now.

This is an intentional act led by the United States to devalue the US dollar!

What do they want to do?!

Even with Domotoki's professionalism, he was unable to guess the intention of this behavior in a short period of time.

But Domotoki knew one thing: the US dollar was about to collapse!

The five countries are inducing the market to sell the US dollar.

And for sensitive financial markets, their plan is bound to work.

Don’t throw?

Unless the majority of investors agree, you can expect to lose a lot of money.

However, it is impossible for the vast majority of investors to reach a consensus.

……

……

Hongsen Venture Capital Co., Ltd. is a company specializing in financial investment, and its business in the securities market accounts for 60%.

Shintaro Gaoliang just received a call from his subordinate who was stationed at the Tokyo Stock Exchange.

"What did you say? The dollar dropped one point?"

The thing that was least likely to fall, fell for no reason...

"President, it's absolutely true. The U.S. Treasury bond index started to fall as soon as the market opened this morning. Whoever did it, they obviously made arrangements in advance. Now there are a large number of U.S. Treasury bond orders on the market, and some of the amounts are huge!"

Gao Liang Shintaro learned the details of the situation.

When I heard that these sell orders were worth billions, I smelled an extremely uneasy feeling.

It's not surprising to have one such order, but a dozen suddenly appeared on the market...

“Dump, dump, dump! Dump all the U.S. debt securities we hold!”

Gao Liang Shintaro increasingly felt that this was an irresistible factor and that the best strategy was to stop the loss in time.

After hanging up the phone, Gao Liang Shintaro walked to the French window in his office, overlooking the central city of Shinjuku, and murmured, "The weather is going to change."

These days, even the world's number one currency can plummet.

The financial market is becoming more and more volatile and difficult to understand.

So who is the beneficiary behind this incident?

What kind of chain reaction will it bring to the financial market?
Shintaro Gaoliang really wants to figure out these questions. If he can get logically rigorous answers, it will be a huge business opportunity.

However, due to too little information.

He couldn't grasp it at all...

At the same time, there are countless financial analysts around the world who have made the same choice as Gao Liang Shintaro and are thinking the same way.

……

……

In the small dark room of the Japan branch of Gangcheng Trust Bank, cheers suddenly broke out. Even though there was a solid wooden door with good sound insulation, many employees of the bank's securities department outside heard it.

"Falled!"

“The dollar is really falling!”

“It’s amazing!”

Wu Yingxiong and Feng Xiaowan were sitting in front of the desk. Lao Sun, Ran Zi and the Fugui brothers were standing behind them, all with their eyes fixed on the computer screen.

Wu Yingxiong was holding a white microphone in his hand.

Naturally, the bank's securities department has people at the stock exchange. Wu Yingxiong uses computers to conduct simulation analysis based on the real-time data transmitted from there.

Judging from the current trend of U.S. bond indexes and the crazy sell orders emerging in the market, the dollar avalanche is inevitable.

In other words, Brother Kun’s suicidal operation of shorting the US dollar...actually succeeded!

Everyone seemed to have witnessed a miracle.

It should be said that the wealthy brothers actually couldn't understand what was going on. They were just joining in the fun. They only cared about one thing:

"Hero, Boss, if you succeed, how much money can you make this time?"

Wu Yingxiong shook his head: "It's hard to say now. In the end, it depends on when we close the positions and whether we close them in batches. Only after all positions are closed can we know the profit."

Feng Xiaowan looked at the wealthy brothers and added with a smile:
"According to our simulated data, the U.S. bond index will drop by about 6.7% today. If, based on this data, Brother Kun decides to close his position near the close of today's market, his final profit will be about $ million."

Ran Zi's pupils dilated.

Six hundred million, US dollars?!

Obviously, the boss only spent two days to come up with this short-selling plan...

She thought nonsensically that some people were like beasts when it came to making money, but in some ways, he wasn't a beast...

"Only 600 million?" Zhang Gui curled his lips, thinking that the boss invested 500 million US dollars and only made 600 million US dollars. The profit margin did not seem very high.

"Zhang Gui, are you getting cocky?" his brother scolded with a smile.

"The question is, does Brother Kun plan to close his position today?" Feng Xiaowan didn't treat them as outsiders either, and stretched out her little hand to touch Zhang Gui's waist.

Zhang Gui stepped aside.

Everyone looked towards the sofa against the wall.

Li Jiankun felt that he should show more excitement, as he seemed a little too calm...

So he grinned and said, "Today, no position will be closed."

Feng Xiaowan shrugged: "Then the profit will be greater."

She no longer doubted whether the US dollar would continue to fall tomorrow, or in other words, she no longer questioned Brother Kun's judgment.

Now, she is willing to call Brother Kun the "God of Investment"!
She thought that she had worked on Wall Street before, and she had heard of people in history who were so accurate in an investment, such as Jesse Livermore, but she had never seen him. She had never met such a person during the six months she worked on Wall Street.

Wu Yingxiong stood up from his office chair, walked in front of Li Jiankun, and pretended to kneel down.

It was a pity that he and Xiaowan tried to persuade him. If they had succeeded, wouldn't they have lost at least 600 million US dollars?
Six hundred million US dollars!
If it is distributed to people all over the country, each person can get more than one yuan.

With the purchasing power of the US dollar and the current low prices in the country, you can buy a lot of things.

Besides, Brother Kun does not plan to close his position today, so the final profit may be far more than 600 million US dollars.

This short-selling transaction is just a small snack in Brother Kun's layout of the financial market.

Wu Yingxiong sat down next to Li Jiankun and said with great emotion: "We made a mistake. You should have studied finance. You are a natural investor."

Nothing is innate, Li Jiankun smiled.

Feng Xiaowan interrupted, "Don't talk nonsense here. You are a natural investor, do you still need to learn? Useless people need to learn. People like us who are trained in professional fields are restricted in doing things and are not at the same level as Brother Kun." Wu Yingxiong agreed with this.

The skills learned are both a shortcut and a constraint.

In the financial field...perhaps not just in the financial field, people who can be called "masters" all have their own style and are unique.

Brother Kun seems to have developed his own style.

Wild, determined, and with secret intelligence methods.

If this operation happened on Wall Street, he would be called the "master of short selling".

As for Old Sun, he didn't want to say anything except awe and admiration in his eyes.

He just thought:
I'm just a scumbag.

I even questioned the big boss's decision in my heart, thinking he was just acting recklessly.

No wonder they are so young and can become big bosses, while I am just an employee.

Trust your boss and you will have a bright future.

Never think about it again.

……

……

At the same time, in an office in the securities department of the Tokyo-Dai-Kai Kangyo Bank headquarters, there was a completely different atmosphere.

Sosuke Kitahara of Toshiba Group.

Eiji Yoshino of Fujitsu Group.

And the allies they brought in.

Such as mourning an heir.

Inoue Nissei, the securities manager of Dai-ichi Kangyo Bank, stood next to a technician's computer and spread his hands.
"I'm sorry, everyone. The situation has been determined. You made the wrong judgment."

As if to comfort these big guys, Inoue Nissei added:
“In fact, it’s not your fault. Even our securities department didn’t see the possibility of a sudden plunge in the U.S. dollar.

"When an order like that comes in, it's like sending money to your doorstep.

"I can only say that the other party is too powerful. This person is definitely not an unknown person. He should be a 'big short'."

Kitahara Sosuke and others now fully understand the truth.

I thought I met a stupid and rich guy.

Go short on the U.S. dollar, which is the least likely to fall sharply.

Finally found out that they were the fools.

The other party wasn't even playing with them, but they had to get in on the act like they were getting a bargain...

To be honest, they never thought they would lose the bet.

However, when you really lose, the problem becomes serious. Losing so much money...

It's not their money.

"How could the US dollar fall so sharply? Even if it was going to fall, there should be a sign in advance. This is so weird!"

"Who did it?"

Everyone's eyes fell on Inoue Hiroyuki's face.

No one on the scene is more professional or has more say than him.

Inoue Hiroki: "We don't have any definite information yet, it's just speculation."

He paused, and glanced at the group of unwilling bosses:

"nation."

A group of big guys: "???"

I am willing but helpless.

I know there's nothing I can do to save the situation.

Kitahara Sosuke had beads of sweat on his forehead and said in a deep voice, "I'll go make a phone call."

Others have the same idea.

You have to go and confess your crime to your master.

Jingle Bell!
Before the door was opened, a phone in the office rang. Someone picked it up, said "Hi Hi" twice, then stood up and looked at Inoue Hiu:

"Manager, it's the president's call."

Inoue Nissei quickly stepped forward and took the microphone.

I don’t know what was said on the other end of the phone, but Inoue Risheng kept responding with a serious expression.

After hanging up the phone, he immediately ordered the secretary waiting beside him:

"Continue to sell off U.S. debt, speed up, and don't leave a single cent behind!"

After the secretary took the order and left, Inoue Nissei glanced at the group of bigwigs present and said:

"If your company still holds U.S. debt, please sell it immediately. My guess is correct. This is a force majeure factor."

He paused, his eyes filled with horror: "That big short seller is probably more terrifying than we imagined, and his background is even more powerful!"

Inoue obviously got some inside information.

A group of bigwigs didn't dare to delay and rushed out.

But Inoue Nissei called out to Kitahara Sosuke:
"The higher-ups already know about this."

Kitahara Kurasuke trembled slightly. He naturally knew who the person above was.

He moved closer and asked in a voice that only the two of them could hear: "What's going on?"

"Our country has just signed an economic agreement with the United States, Britain, Germany, and France. The main purpose is to devalue the U.S. dollar. Even with the power of the consortium, we haven't been able to find out the details yet."

Inoue Hikaru looked at Kitahara Sosuke deeply:
"That's why I just said that the big short is terrifying!"

Even the Mitsui Group did not find out the truth after the incident. Whether the other party had known about it for a long time or predicted it, it was an extremely terrifying thing.

You know, the Mitsui Group has gone through three hundred years of development. As the leader of the four major Japanese financial conglomerates, it has close ties with the political circles.

Kitahara Sosuke smiled bitterly and wailed:

"I'm f*cking losing my mind, who am I trying to make money from?

"That day, I really should have listened to Sun Zhenyi's advice. This kid is not simple..."

……

……

Inside the trading floor of the Tokyo Stock Exchange.

Someone whom Kitahara Sosuke called "not an ordinary boy" was standing at the back of the crowded stock display wall.

alone.

Miserable.

I want to cry without tears.

Although he was not the only one feeling dejected at the scene, he was most likely the one who "deserved" to cry.

With such a bad market situation, the 2 billion yen will most likely be lost.

This loss is greater than the failure of his software business.

Even if he sold all the patents he had, he still couldn't pay it back.

The loan period given to him by Gangcheng Trust Bank was only half a month.

This is undoubtedly sufficient for a stock transaction.

But he didn't short the dollar.

But chose the most...

Oh my God, why would he go long?

Obviously, he was the first one to notice that something was wrong.

He thought about it carefully and found three reasons:
1. After all, people like Kitahara Sosuke are not good-for-nothings. They are all people who have made great achievements in the business world. Their investment behavior is certainly worth referring to.

2. The young boss of the group company from Hong Kong Overseas Trust Bank, the short seller behind the scenes, seems really unreliable.

3. He needed money and had a sum of money on hand, and only had half a month to spare. With the business he was currently involved in, it was too short a time to make money with this sum of money. There happened to be another opportunity in front of him, and investing in the stock market was the most suitable choice.

In fact, he didn't make this investment blindly.

Two unsuccessful scenarios were also considered:

1. U.S. Treasury bonds neither rose nor fell, and remained almost the same.

He was not like Kitahara Sosuke and others who were gambling with the other party. In this way, he would hardly suffer any losses.

2. U.S. Treasury bonds fell.

Similarly, since he did not join forces with Kitahara Sosuke and others to make a buy-and-leave-it bet, the decision-making power was always in his hands.

So after investing his money in the stock market, he would go to the Tokyo Stock Exchange every day.

Try to close your position and sell it as soon as possible when the U.S. Treasury bonds fall to minimize the losses.

In other words, he has done a good job of risk control.

However, he never expected that U.S. debt would fall so quickly and so madly.

It’s not that he failed to sell the stocks in time, but there was no one to take over!

To this day, his stock sell order is still hanging on the trading wall, with no one interested.

On the contrary, there were more and more similar orders next to the sell order, and they were already densely packed.

In just one day, U.S. Treasury securities turned into the stinking shit of the market.

Jingle Bell--

When the time came, the stock market closed, bells rang inside the exchange, and security personnel appeared to persuade investors who were still lingering to leave.

In the afterglow of the setting sun, Sun Zhenyi walked out of the door of the exchange in a daze.

He suddenly didn't know what to do.

Does he still have a company?

Does he still have a home?
Two billion yen, about eight million U.S. dollars.

More than his entire fortune.

Although he did not think it was a lot of money from an ambition point of view, he had to accept the reality that he had lost everything.

He started his business during college and earned about four million U.S. dollars, but all the money he had accumulated for the initial accumulation was gone.

The original accumulation is the most difficult.

It might take him another four or five years to get back to his current level.

Regret.

He regretted why he was so ungrateful as to write down 2 billion yen, a sum that he couldn't actually afford right now.

I regret not listening to that peer...

People said it so confidently, saying that they were 100% sure, and asked him to follow their lead and invest, and he would definitely make money.

In order to make him believe, he even lent him an interest-free loan.

I have done my best...

But he didn't listen. Instead, he insisted on doing the opposite of what others did, and in his heart he despised others for being stupid and having a lot of money.

In the end, the clown turned out to be himself.

Sun Zhenyi felt... no need to feel, he firmly believed that he had really made a mistake this time.

That guy is not stupid at all.

Can a fool accurately predict with 100% confidence that something like the US dollar, which is almost impossible to plummet, will plummet?
Maybe it's the wisdom of foolishness.

Perhaps, this is just his personality. After all, he is young and successful at an early age, so it is completely understandable that he is a little impetuous and arrogant.

That guy is a super investment expert.

Sun Zhenyi even wondered whether his current glory was not inherited from his family, but was the result of his own hard work.

After all, making money at this rate is actually quite fast.

Suddenly, Sun Zhenyi found the direction under his feet.

Even if it's just about the debt, he should come again...

(End of this chapter)