Chapter 398: Fight against a country, so domineering!
Chapter 398: Fight against a country, so domineering!
The YN authorities immediately received news of Tang Xionghua's actions.
Nonsense, our country is in such a mess now, and there are still people buying our country's currency at this time. Isn't this helping to raise the exchange rate?
But can the exchange rate be raised now?
The whole country has become a mess, with a large number of factories going bankrupt and people's assets depreciating rapidly.
A country's decades of wealth have been plundered, and now ordinary people have trouble eating, and those Western companies are now accelerating their exit.
At this time, the continued depreciation of the currency caused by rising prices is simply unstoppable. Even they themselves dare not invest money to stabilize the currency.
Because the money thrown in is equivalent to filling a bottomless pit!
Of course, unless this person has ulterior motives and is here to rob like the international financial bandits before.
That makes sense.
Because the price is being raised briefly now, one reason is to purchase the currency of one's own country, and the other is to raise the current exchange rate a little, and then make it easier to short at a high level.
Once the acquisition is almost complete, release them all at once to impact the market.
What will be the consequences?
The consequence is that, just like what has happened before, their country's wealth will be lost again due to the depreciation of the exchange rate.
Is there any way?
There is no way unless he is willing to take over when this currency hits the market next.
But is this what they want?
Or, is this something he can do?
When the financial tycoons came before, he lay flat once.
In other words, he has already transferred a large part of his assets abroad.
If he throws money into this mess now, he won't just have to pay for this one sum of money, he'll also have to pay for the market downturn in his country which is in a mess due to the current market conditions.
The funds required for this may not be enough even if he has accumulated wealth in YN for many years, even if he spends all his money this time.
"You bastard, you're taking advantage of the situation!"
President YN’s son-in-law gnashed his teeth.
The others around were also filled with righteous indignation, and their faces were grim.
In the past, they had amassed enormous wealth in their own country. While developing the country, they also controlled almost all of the country's resources through their family companies.
The country looks rich, but the people live in poverty. However, this is not what Lao Su cares about.
However, the sudden financial crisis has deeply hurt his country.
It also made the already poor people feel that their lives could no longer survive, so trouble arose.
And now, Tang Xionghua is here to add insult to injury. This is truly kicking someone when they are down and taking advantage of the situation.
"Tell me, is there any way to stop him? There's widespread grumbling in the country right now. Our financial markets can't afford another setback, or it will only exacerbate public sentiment!"
Lao Ha's hair has turned a lot whiter in the past few months.
Because domestic college students have been marching and demonstrating, demanding his resignation and even trying him.
Being forced into this situation, he now really wants peace to settle down in the country. Otherwise, he would not have agreed without hesitation when his son-in-law came up with the idea of using Chinese people to divert the conflict.
In his opinion, if the lives of thousands or tens of thousands of Chinese people can exchange for the security of his presidency, let alone just this, he would be able to do it even if it was ten times or a hundred times that.
But now, the situation is beyond their control.
The richest Chinese man, the guy who is fighting with international financial tycoons in Hong Kong, actually has the energy to come here and take revenge.
This is uncomfortable.
Now, he is neither up nor down.
Take a step back?
But how to resolve the domestic unrest?
The word has been spoken!
But if they don't withdraw, their own currency, which is already worthless, will probably become toilet paper.
"Dad, it's come to this. There's no turning back. Let's just publicize Tang Xionghua's actions again. We're determined to go all the way down this path. Then we'll directly announce sanctions against Tang Xionghua and his company!"
Lao Su's son-in-law gritted his teeth and offered a suggestion.
They all knew very well how serious the domestic conflicts had become. Someone had to take the blame. A Chinese person could do it, and if Tang Xionghua jumped out now, it would be better and could divert attention.
As for sanctions against Tang Xionghua.
In fact, Tang Xionghua only has three foreign restaurants and some shops selling VCDs in YN.
Moreover, the employees recruited by these stores are basically their own countrymen, and only the senior management are Chinese.
But no matter what, let's point the finger at him first.
This is to calm the people's emotions, but it will not cause the national currency to depreciate and wealth to be lost.
Let it be lost, Solos and his men have swept it back and forth with iron brooms several times, so there is no need to worry about losing more.
This means that when there are too many lice, you won't be afraid of itching.
Of course, the main idea is that maintaining his father-in-law's position is more important than the loss of national wealth.
The country's wealth has been lost, but it can be earned back slowly in the future.
As for people in China, life is getting tight and they can’t even get enough to eat.
They actually don't care much about this matter. As long as they don't cause trouble, don't direct hatred towards them, accept their leadership, and continue to be exploited by them, that's enough.
"Okay! This is the only way!"
Xiangjiang Hillside Villa.
In the evening, the entire villa gate was extremely lively.
Hong Kong itself is a place where the entertainment and media industry is well developed.
Such big news appeared today. Before, Tang Xionghua warned an entire country alone. How domineering he was.
So after the news spread, even though it was getting dark, there were still dozens of news media staff waiting at the gate.
Even if you look closely, you can find many foreign faces.
When something like this happens, foreign media are naturally interested.
However, the gate of the villa is now guarded by security personnel, and Tang Xionghua has also announced that he will no longer accept interviews for the time being.
This made everyone feel helpless, but no one left.
Even darkness can't dampen their thirst for news. Staying up late to wait is a common choice for these news professionals.
It doesn’t matter if Tang Xionghua doesn’t accept interviews now, and it doesn’t matter if he can’t enter the villa. If Tang Xionghua comes out anytime, just stop the car and ask him a random question.
"Mr. Tang, there are a lot of reporters outside now!"
There is a lounge next to the financial operations room. Currently, Director Chang and a representative sent by Hong Kong are sitting in it.
Listening to the Hong Kong representative's words, Tang Xionghua said nothing.
Seeing Tang Xionghua's expression, Director Chang also spoke up: "Mr. Tang, do we really have to do this?
Can we negotiate with the other party?"
"Need not!"
Tang Xionghua immediately responded to Director Chang's words.
After saying that, Tang Xionghua looked at him and said, "This matter has nothing to do with the country. It's purely my personal stance. I don't care what the country does.
But I don't want to compromise with these despicable guys.
Whether it's for my reputation, my conscience, or for the shops and employees in YN that were burned, looted and smashed.
I won't compromise with them.
They must be warned, and if they don't listen, then I will confirm their claims."
……
northernbook