Winner Takes It All, Resurrection 2009
Chapter 778: Collapse of the Swap Agreement System
"Sign, or not sign?"
The big investor Salman was very hesitant. He tried to make a final struggle, “The power of the Eastern Capital is not enough to compete with the US capital on a global scale. Once the Eastern European issue is resolved.
The next step for the freed-up American capital will be a comprehensive blockade. Of course, your side is big and powerful, so you may not be afraid, but your big client is just a small economy in a region, and it is difficult for it to withstand the exclusion and suppression of American capital, which has an absolute advantage in the world.
Please have a hand, Mr. Li. It's not that we are unwilling to cooperate. In fact, as potential allies secretly following Dongda, big households can do more. We are even willing to make concessions in more economic cooperation.
For example, we will comprehensively invest in your infrastructure construction, water conservancy and electricity, photovoltaics, electrolytic aluminum and new energy. At the same time, as a necessary show of sincerity, large sovereign funds are willing to do so within the next five years.
Investment in your core industries such as semiconductors, new materials, consumer electronics and software application development, and promotion of the Beidou global positioning system shall not be less than US$1500 billion.
At the same time, in the field of export of boom equipment where your side has been unable to make a major breakthrough, we will contribute greater strength, in addition to the Gou 10 and Xiaolong series purchased by Babutie.
We promise to purchase no less than 100 billion US dollars of equipment each year for North Africa, West Asia and other economies in the form of loan guarantees..."
The conditions offered by Salman were extremely heavy, and it could be said that he was spending a lot of money and bleeding a lot of money.
Unfortunately, nothing he said could satisfy Li Zehua and the people behind him.
"These are just accessories, far from the core." Li Zehua shook his head, disdainful, "Crude oil and natural gas are the key core resources we need.
Your Highness Prince Salman, you are a smart man and should know very well what Dongda Capital wants. The 5% transaction tax is not only something I don't want to pay, but also the ten economies in Southeast Asia, plus Babuti, Big Cat, and even Oumeng that you just mentioned.
Many economies in South America and Africa have similar plans. Of course, we are not acting blindly. It is too early to bypass the US dollar system to build a new soft sister currency, or the envisioned Asian dollar system.
After all, the University of Tokyo has not yet developed a force that can fight mold head-on on a global scale, but through the construction of the Yunnan-Myanmar highway, the whole world should recognize a fact.
That is, on land, Dongda is no longer afraid of any opponent, and in the air, the integrated combat platform built with Gou-20, Gou-16, Kong-500, 2000 and Yun-15 can already compete with the fungus.
What the University of Tokyo lacks is nothing but time. As long as it waits for the huge ocean fleet to catch up, the strategic advantage of the fungus in the world will be gone.
Therefore, the big investors must make a choice at this time: continue to endure the blackmail from American capital from half a world away, or abandon the dark and join the light as soon as possible. "
I advised him again, "I'm not asking you to cancel the dollar-pegged crude oil exports immediately. It's just that the export trade involving East Asia and Southeast Asia will be settled in RMB. What are you afraid of?
To the south are slippers, to the west are your own brothers, and to the north the country of Squidward may not dare to touch you, so those 30 Dinghaishenzhen are comfortable enough, right? If not, you can get 30 more new models."
"But eleven years ago, the Mesopotamian region listened to the deception of Daiying, Gaul, Hans and others, and changed the settlement of crude oil exports from US dollars to euros. The whole world knows the result." Salman was terrified.
He quickly defended himself, "When people reach our level, except for the soul, they have experienced everything personally. Promises are just empty talk, and a bag of washing powder can be a legitimate excuse.
The strength of American capital has attracted worldwide attention. The power and air formation of the Sixth Eastern Capital are also frightening. However, American capital has dominated the world for decades. Once its bottom line is affected, Europe and the United States are likely to unite and face the outside world together.
Will it be necessary for Dongda, Big Cat, Big Player and Southeast Asia to form a new alliance to deal with the threat?
I dare not say it in front of the Dongda Yamen, but I hope you can understand our difficulties if I communicate with you in private. The big families have never had the extravagant delusion of becoming the major economy in West Asia and North Africa.
Unlike your side, which has a glorious history of about 7800 years, of which about years you have been the undisputed absolute overlord of this planet, so when you rise again.
We will have a heartfelt sense of honor for our historical mission, but neither the big players nor any other surrounding economies have this real need. We just simply want to be under the protection of the big economies.
I live a happy life behind closed doors without being overly bullied. If it weren't for those investment banks on Wall Street going too far and causing widespread losses to large investors, I might not be here today.
It would be fine if they just eat and take more, but what's excessive is that they not only eat and take everything, but also don't leave us even a little bit of soup. This is a sovereign investment fund of 350 billion US dollars!
However, in just over two years, they have snatched away more than 80% of the money through various means. Every time I receive a call from them demanding payment, I simply doubt whether this world is real.
How can this be possible? Not only do we not have the right to day-to-day management of the sovereign fund's investments, we don't even know where the money was spent or how it suffered losses.
You have no idea how shameless those people are. The rental and daily expenses data of the foundation alone are exaggerated and unacceptable, with a professional management and analysis investment team of 260 people.
The annual rent for renting three floors in central Manhattan is as high as 6.5 million US dollars. When I asked, I found out that there was a special agreement involved. But with that much money, I could easily build another high-rise building.
Moreover, the scale of the extremely high commissions of these 260 people is simply terrifying. I seriously suspect that they are special commissions based on the amount of fund losses. One of them is the second son of a big shot in Washington.
In 2013 alone, he took $6200 million in commissions from the foundation, and then reimbursed $1500 million from the company, using all sorts of excuses, including his children’s education expenses…”
"What's so strange about this?" Li Zehua said without taking it seriously. "1991-2007 was the golden period for the development of American capital, and there were basically no challengers worldwide.
Once you reach the top of the world and have no competitors, you will definitely try every means to maximize your profits, and naturally you will have to tighten your belt. You don't even have the ability to protect yourselves, so it's normal for you to be treated as a fat sheep by American capital.
If it weren't for the rise of the University of Tokyo, your life would be even more difficult, because America's dearest die is right next to you. In the final analysis, it is you who have benefited from the glory of the rise of the University of Tokyo.
So, seeking cooperation with you is not to take advantage of you unilaterally, but to achieve mutual benefit and make money together. Since you are also determined to cooperate, why don’t you show your sincerity?
Our requirements have been very clear from the beginning to the end. The RMB or the Asian dollar must replace the US dollar as the world's mainstream settlement currency. This is a prerequisite and there is no room for negotiation.
Dongda Capital cannot bear to see 5% of the wealth it created through hard work being unreasonably taken away by American capital. We had no power before and could only endure it.
But that is no longer possible. Mainstream groups in Dongda, including Qingyun Group, believe that it is time to end it all. The 5% handling fee for dollar settlement in international trade should be cancelled.
But we are not so reckless. We will not cancel everything at the outset to avoid causing a complete turn against US capital. At the same time, we also take into account the concerns of resource-based economies like you.
Therefore, we will only make changes at the level involving trade with Dongda, and when the external environment changes in a way that is favorable to both sides, we will then uniformly convert the settlement from US dollars to RMB.
Li Zehua's words were well-reasoned and he was not worried at all that Salman would refuse, because the other party had no choice but to continue to be sucked dry by American capital and then be forced to become a pawn and cannon fodder one day.
Either be ruthlessly destroyed by Tokyo University; or establish cooperation with Tokyo University, place a bet in advance to help Tokyo University establish a new world order, and enjoy the protection of the new order after success.
There is no other third way, but all economies have been waiting and watching. After all, American capital has been strong for decades and its influence is still there, so no one dares to be the first to take the risk.
But as soon as Dongda started the highway and railway project in Yunnan and Myanmar, allies such as Southeast Asia, Peru, Samba, Venezuela and West Asia in South America, Slippers, Emirates, and Luwanda in Africa were invited as special guests of honor.
All stunned.
Just kidding, that densely packed advanced air formation looks more impressive than mold, especially the drone formation that covers the sky. It has completely subverted everyone's fantasy of future wars to a certain extent.
Since Dongda dares to release its trump card, drones, it is naturally not worried that its competitors will learn it, because this is itself a competition of industrial manufacturing capabilities, and no one in the world today can compete with it except Ou Meng.
American capital wants to learn? It’s just a dream. If finance and manufacturing hegemony can coexist, the United States will not need to carry out global industrial transfer, because the two cannot appear in the same economy at the same time.
As long as the Zupai Squid Financial Group still exists, America will never be able to restore its entire industrial chain, let alone industrial output value, even if it is turned into artificial intelligence and unmanned factories. What else can be done?
Does it have a huge domestic demand market to support the absorption capacity of unmanned chemical factories?
No, the so-called world's largest consumer market by American capital is a false proposition. Apart from financial consumption, any normal person would want to vomit at the sight of Taiwan's medical care and happy education.
With retail prices inflated several times or even dozens of times higher, anyone can see one core fact: the real advantage of the American consumer market is the US dollar.
This is because the Squid Capital Group controls the U.S. dollar, the mainstream global settlement currency!
A monster that sucks blood from the global trade settlement system, charging a 5% fee for a single transaction transfer, has brought Wall Street a false prosperity that has lasted for many years. Once this crucial core foundation is lost.
The American consumer market will become a place of self-entertainment that is laughed at by the whole world. After all, in addition to financial consumption, loan consumption, medical education and happiness consumption.
It really doesn't have much spending power left, and once economies no longer need the dollar as a settlement currency, it will at best be a consumer entity with a population of 3 million, ranking behind Tokyo and Europe.
Salman agreed with this, but he was still afraid of the powerful force of the mold and did not dare to express his position publicly.
Li Zehua struck while the iron was hot, “Since the 08 financial crisis, although Washington and the Federal Reserve relied on the help of several major economies to get through the difficult times, a big gap appeared in the foundation of the dollar’s rule of the global order.
The European debt crisis, the battle to defend the pound exchange rate and the two-cat crisis, as well as the war on food, raw materials and energy futures in the middle, have caused successive defeats for American capital and seriously damaged its own strength.
The only way available to it now is to suck blood from the world. If you continue to follow the US capital, sooner or later you will be swallowed up by it like a power bank. The 80% of the sovereign investment fund is just the beginning.
The best example is Wall Street's second $2000 billion capital increase request from you."
“But you also said that Ou Meng still has a certain strength at this time. If we unite and use RMB to settle our trade with each other, American capital will not be able to continue to benefit from it in the next step.
Will they turn around, give up on Ou Meng, reconcile, and deal with Dongda together? "Salman had to be cautious, because the matter was too serious, and one mistake could easily lead to disaster.
He cannot joke about the future of the entire economy. “Unless this matter can get the full support of Oumeng and more mainstream economies around the world, big players must make choices based on their own interests.
Although we cannot integrate into the core, at least we will not suffer a catastrophic disaster."
“Except Annan, 19 other economies including Peru, Paraguay, Luwanda in Africa, and Sri Lanka in South Asia are trying to join the ASEAN.
If West Asia and North Africa are included, perhaps the number will reach more than 35 economies." Li Zehua added bit by bit, "Besides, we have not restricted your and Oumeng, and American capital will continue to cooperate.
You can reach a similar agreement with Ou Meng. As long as two of the three major economies in the world agree (the opinion of the big cat is insignificant), American capital will never dare to act rashly. "
"It sounds good, but what if Europe and the United States join forces?" Salman asked the most crucial question. After the stimulation of the Yunnan-Myanmar project, everyone had a full understanding of the hard power of Southeast University.
Now we are not worried that the mold will dare to take action under the premise of strong opposition from the University of Tokyo. After all, the current world order is jointly created by Europe and the United States. Once the two sides join forces, even if the probability is very low.
Big investors cannot turn a blind eye to this either. After all, the first element of capital is to measure the degree of risk. For big investors with so much money, making money is only the second element, and safety is the top priority.
"Absolutely impossible!" Li Zehua laughed and said, "The foundation of the European Meng manufacturing industry lies in cheap energy. Now that the East China manufacturing industry has fully risen, even Hans Gaul and Switzerland feel an imminent threat.
If they reconcile with American capital, there will be a contradiction that is bound to be unavoidable, that is, how to deal with the relationship between the big cats and American capital. The big cats are actually America without financial hegemony and Internet high-tech.
Both sides have export-oriented economies oriented towards the export of energy, minerals and food (at this time, American capital has more technology export and financial harvesting capabilities than the big cats, but other than that, they are exactly the same).
This means that only one of the American capital and the big cats can survive. Wall Street's consistent position is to make profits at all costs, and even allies cannot escape the disaster.
Would Europe dare to abandon its base in Northern and Eastern Europe and turn to the United States? That would be a joke to the future. If this contradiction could be resolved, the 08 financial crisis and the 09 European debt crisis would not have occurred!
No matter what choice Oumeng makes, it is impossible for it to completely come together with American capital. This is not the will of a certain individual, but the collective choice of Oumeng's manufacturing capital!
Either Europe rises and American capital declines, or American capital dominates everything and Europe declines. There is no second choice, just as American financial hegemony and the Dongda manufacturing group cannot coexist.
Unless the Sita Capital Group is ready to pack up and abandon America and move everything to somewhere near the University of Tokyo, such as Hong Kong or Singapore, then the two sides can join forces to rule the world.
Otherwise, this contradiction will always exist and no one will be able to resolve the differences.
Of course, the Squid Capital Group can also move to Switzerland, allowing it to withdraw from Oumeng while accepting all financial capital to help Oumeng become the new global overlord, but in that case, the big cat Dongda and traditional American capital.
They should have united as never before during the transfer process, launched a global crackdown on Oumeng Capital, and interrupted this process at all costs. To put it bluntly, the initiative is no longer in the hands of Squid Capital.
It depends on which one is better, Oumeng or Dongda Capital, and which one has more vitality and competitive advantage. You seem to be choosing between American capital and Dongda, but in fact you are choosing between the European Union and Dongda. "
Salman was speechless for a moment, and after thinking hard, he finally gave a bitter smile, "Ou Meng?"
If Ou Meng was really that powerful, he would not have been jointly besieged by American capital and big cats (with an additional Dongda) in the three directions of Ermao, Husky and Venezuela.
A separate Hans Gaul can become a world-class economy, but if they unite together with a group of economies with their own ulterior motives, it would be difficult to enjoy the additional benefits of zero tariffs.
They will have to shoulder all kinds of bizarre responsibilities for these small and medium-sized economies, even those beyond the limits of human imagination. If you want to develop comfortably, you are dreaming!
"From the day Oumeng was founded, it was doomed to never succeed if it did not immediately establish a low- and medium-end industrial system in Eastern and Southeastern Europe!" Li Zehua sneered.
He tapped the table with his hands, "So now it's your turn to make a choice, to follow Ou Meng, who is doomed to have no future, or to follow us to embrace the world.
I'll give you at most one month to consider. If it's too late, don't blame the slippers in the south for starting to work. Also, don't take your position too seriously. Even without you, Bab d'Ivoire and Egypt are two economies, one in the west and one in the east.
We will also compromise in the face of the bargaining chips offered by Dongda Capital. Once we reach an agreement with it first, the preferential conditions waiting for big investors will not be as generous as today. "
"I understand." Salman's mouth was extremely bitter, but there was nothing he could do. He could only lower his head helplessly, "The big households are willing to accept 50,000 Lao Lius to move in in batches in the name of farming.
The country also opened its airspace and territorial waters to allow the Dongda fleet to sail freely, and accepted RMB as payment for trade between the two sides.
However, I request to purchase no less than 24 additional soul-suppressing artifacts, and the control can be in the hands of Dongda. We are also very interested in Gou 20 and Zero Five Five, and hope to purchase a batch as soon as possible. "
"Well, it's not that we can't talk about it." Li Zehua held his chin and thought to himself, you want nothing, but 31 is not possible, the monkey version of with background control, hook can still be arranged.
It's not impossible to lobby the Five Military Governors' Office. After all, if one aircraft can be sold at ten times the price, and an export version of the 052 can be sold for more than ten billion US dollars, there might still be hope.
As for the twenty-four sacred national treasures, this was not something he could agree to, so he just evaded the offer and agreed to report the conditions... (End of this chapter)
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