Black Technology: Start with Ten Thousand Times Speed

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

after all.

The depreciation of the Sakura Coin means that other currencies have relatively appreciated. For example, the same Eagle Dollar can now buy more Sakura domestic products.

This is conducive to the export of Sakura domestic products, allowing some foreign trade companies that specialize in export business to survive this crisis.

And if these products are exported to other countries in large quantities, they 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 had previously joined this currency war to take over Sakura Coins. At this time, many of these capitals also went bankrupt, affecting many related companies.

Under the superposition of various influences.

The economic crisis that occurred in Sakura Country gradually affected more and more countries, causing greater and greater turmoil.

Especially some financial institutions in various countries.

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

Among them, the heaviest losses were caused by banks or securities companies that borrowed large amounts of money from various subsidiaries of Tianqi Group under ten times leverage.

You know, Tianqi Group now has so many subsidiaries that it is almost impossible to count. They have borrowed a total of 14 trillion Sakura coins with ten times leverage from many financial institutions around the world.

This translates to 700 billion dragon coins.

With the crazy depreciation of Sakura coins, based on the current exchange rate of Sakura coins to Dragon coins of 30 to 1, after they recover the 14 trillion Sakura coins, the value will only be equivalent to 470 billion Dragon coins.

This is equivalent to a net loss of 230 billion!

Even if this money is dispersed to more than 50 financial institutions in various countries, it would still be equivalent to a loss of billions of dragon coins for each company.

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

The bankruptcy of these financial institutions will cause many chain reactions, making the economic crisis more and more lethal.

certainly.

Most people outside Sakura Country are not very aware of these feelings.

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

And all this.

They were all initiated by Tianqi Group.

In other words, it was initiated by Su Xin.

He almost single-handedly set off the situation, while others, whether they were making money or losing money, were just followers in this currency war.

Only Su Xin is the main chess player.

This allowed many people to truly feel for the first time the intimidating power that Su Xin now possesses.

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\u0026D capabilities are not considered, the capital he currently possesses is a terrifying existence that no one can ignore.

Including the most powerful country in the world, Yingjiang Country, was also extremely afraid of Su Xin at this time.

In this currency war, they followed Su Xin and sold a large number of Sakura coins. Because of this, they felt the strong capital of Tianqi Group better than ordinary people.

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

No matter what he wants to do, he can decide it 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 losses.

Don't be afraid of anyone.

In addition, his character is so stubborn that he will spend everything he has, even starting a currency war, at the cost of a worldwide economic crisis, in order to take revenge on Sakura Country.

Faced with such a ruthless person with invincible financial strength and decisive heart, even if he is as powerful as Yingjiang Country, he has to be included in the list of people who cannot be easily provoked.

…

the following few days.

Many people are still selling 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 already sluggish under the blow of Su Xin. With the two combined, the collapse of Sakura Country's stock market was even more exaggerated than that of Sakura Coin.

It seems as if capital all over the world is desperately trying to escape from Sakura Country.

Under the economic crisis, so many people chose to take the leap on the first day. After that, the situation became increasingly worse, causing more people to make the same choice.

The entire Sakura Country is filled with misery.

This made many people sigh with emotion. Sure enough, there is no worst, only worse.

However.

When the Sakura Country is in depression and misery, global capital has no sympathy.

Not only did they frantically escape from Sakura Country, but they were also watching the situation in Sakura Country, ready to turn around and stab Sakura Country in the back at any time.

The word crisis.

It means that after danger comes opportunity!

…

January 28th.

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

As the Spring Festival approaches, there is a festive atmosphere everywhere in the Dragon Kingdom, which seems to be a completely different world from the miserable Sakura Kingdom.

Sujiazhai is also very lively every day.

Most of the folks who usually work outside are back. They visit each other every day, sit in front of someone’s house and chat, or go to someone’s house to play cards.

Su Xin occasionally drove with Liu Xuewei to play nearby, and occasionally went to parties with several childhood friends. His life was also very leisurely.

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

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 level off. It seems that it will reach the lowest point soon. Maybe we should consider closing.

How are our profits these days?

When talking about 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 fifteen trillion cherry blossom coins that have been sold have allowed us to recover 650 billion dragon coins.

According to the current exchange rate and trend, considering that our repurchase will cause the cherry blossom coins to rebound, it is estimated that 5,000 dragon coins will be needed to close the position, and it will not exceed 550 billion at most.

That is to say.

Including the deposit, we can have at least 170 billion dragon coins left, which is exactly the cost of all the funds we invested this time.

So, the trillions of Sakura coins that are not sold in our account are pure profits.

If we can keep the price down when closing the position, we can make some extra money.

but……

The losses in the stock market have been somewhat severe.