Chapter 950 Turning over the table and revealing the trump card
The arrival of the Internet era will undoubtedly change many things. The emergence of computers has improved people's work efficiency. The financial industry has also become more convenient and interactive due to the emergence of the Internet and computers.
The concept of 'global village' also came with the emergence of the Internet age. Compared with the development speed of Western network technology, the level of network technology in Asian countries today does not seem to be as great as Xu Zhengdao's other time and space.
But it cannot be denied that in terms of network technology, there is still a big distance between Asian countries and the West. Of course, if it is Xiangjiang where Tianzhu Network is located, then this situation is not necessarily the case.
The reason is that the emergence of Tianzhu Network has given Xiangjiang more power to speak on the Internet, and its patents related to network technology are no less than those of other Western developed countries. This is why the forces behind the scenes are wary of the Shinhwa Group.
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It is not difficult to see from the current development trends that the future network will be a real blue ocean. Whoever can seize more market share will naturally have more say in the world in the future.
The financial system of Big Goose, which also popularizes the Internet, has recently faced massive attacks and sell-offs by gold speculators, which has also caused the currency of Big Goose to depreciate rapidly. Although Big Goose knows who did it, it still dares not take too bad actions.
If you directly deal with the troublemakers, the consequences may be very unpredictable. In fact, other Asian countries that have been sacked have faced this kind of situation, and they did not even think of many solutions.
Only Xiangjiang dealt a fatal blow to the gold speculation group directly in the financial market with its abundant capital. The result is obvious that the foreign exchange reserve department and the Shinhwa Group, which contributed the most, gained a lot in this battle.
After learning that Xu Zhengdao had been invited to visit Daye, the person in charge of the gold speculation group who was causing trouble in Daye said with an extremely solemn expression: "Pay close attention to the other party's movements. I want to know if that damn person will have a hand in it."
"Understood, BOSS!"
"When mobilizing manpower, they must be strong men above S level. Otherwise, I'm worried there will be problems."
"BOSS, you mean, they will take risks?"
"This possibility is not ruled out! But we must ensure our own safety, understand?"
After issuing the corresponding instructions, the person in charge also paid close attention to Xu Zhengdao's every move. However, in the following time, Xu Zhengdao seemed to have made no move and began to inspect some factories and mines under the guidance of the officials.
Xu Zhengdao also went to inspect the oil fields where Big Goose currently earns the most foreign exchange. However, he never indicated that he wanted to participate in this financial war. His performance to the outside world was just a business trip.
Inspection.
But what everyone didn't expect was that just when all parties were wondering whether Xu Zhengdao would be involved in this financial war, or whether he would lend huge sums of money to Big Goose to control the devaluation of their currency, Big Goose
But he chose to destroy it directly.
Faced with the continuously depreciating currency, Big Goose first announced the cancellation of the originally implemented monetary and financial policies. This also means that the Goose coins they issue in the future will no longer be linked to the U.S. dollar, and the current unfinished financial contracts will be suspended.
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As for when these contracts will be fulfilled, it depends on the decision of Big Goose. With the announcement of this news, the currency of Big Goose, which was already unsustainable, instantly began to plummet. The problem is that falling further will have no effect.
Nowadays, Big Goose chooses directly and no longer recognizes unfinished transaction contracts. This means that it is no longer possible to cash out the foreign exchange that Big Goose has worked hard to reserve through currency depreciation.
As soon as this news came out, the outside world was in an uproar. Many financial people exclaimed: "How dare they do this? Are they not afraid that no one will trade with them from now on?"
As the world media immediately reprinted and reported these news, Big Goose did not give a corresponding answer. Such rogue actions even made the forces behind the gold speculators feel a little stunned.
Just when all parties criticized the so-called temporary financial policy implemented by Big Go, Big Go held a press conference to announce that due to the current actual situation of Big Go, they were unable to pay on time the so-called national debt they owed.
After announcing the news, the spokesperson did not even give reporters a chance to ask questions and chose to leave directly. For Big Goose, they are very clear about what a bond default means, as it will damage the so-called national image.
But many people know that Big Goose chose to do this as a last resort. The reason is simple. If they don't do this, the country's foreign exchange reserves will disappear in a short time.
Once the national economy is hit hard, Big Goose, which has been calm for several years, will also face a new round of secession crisis. Although it is a bit rogue, at least they have guaranteed their stored foreign exchange.
Before all parties could react, the Western countries that had been sitting back and watching suddenly found that their stock markets had plummeted wildly as Big Goose announced the bond extension. Even the financial markets of the Star-Spangled Country began to suffer heavy losses.
This is the financial crisis caused by the default of bond countries. Faced with such a situation, even if Western countries began to intervene, it still would not help. The reason is that the financial crisis has completely formed.
If the previous financial crisis spread in Asia, then this storm began to sweep across the world because of the big goose. We can see that Western countries are criticizing the big goose for being irresponsible, while at the same time they are busy saving their own financial markets.
Taking advantage of the opportunity to accompany the inspection, Milpu looked at the information collected and said with a smile: "Wu, it seems that you are right again. I'm afraid those people don't have much thought to pay attention to us anymore, right?
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"Indeed! Those members of the gold speculators who have blocked trading for three months and are still staying in your country will also pay a heavy price. I believe it will not be too good to wait for their end.
And their funds are currently in your financial market. This means that the offensive and defensive will change in the future. If they want to get their principal back, they must also find a way to obtain your consent."
"It's time for these greedy capitalists to know what it means to be powerful!"
Although the so-called national credibility was lost, the country's interests were preserved. Although doing so seemed a bit rogue. But many people knew that Big Goose's move was very wise, and the gold speculation group really aroused public anger.
The most important thing is that as Big Go Media took the lead in disclosing the so-called investment funds that were causing trouble in the Big Go financial market, and the financial turmoil caused by these funds in Asia. For a time, the people in charge of these funds became infamous.
Even these people don't think there is anything wrong with notoriety. The problem is that for the people and managers of most countries, they will also be regarded as unwelcome existences. This kind of overturning the table and revealing the trump cards is really embarrassing.
Speculators were horrified.
What they don't know yet is that perhaps because of this approach, many Big Goose people feel very relieved. In the future, they will really start to do whatever they don't accept, and "you must listen to me when you get to my territory" mode of external communication.
Chapter completed!