European Financial Emperor
Chapter 93
093 Create a masterpiece (1)
The problematic masterpiece that first appeared in the 1970s and then swept the financial world of the 1980s, is the junk bond.
If Lee Hwan obtains an institutional tool to issue junk bonds, he will be able to buy a lot of companies that are in trouble, whether small or large, and issue high-interest corporate bonds through them.
Although this is a vicious right to incite speculation and bubble and hunt companies in name and reality, it is also the power to defeat the enemies that will arise as Lee Hwan sweeps Europe in the future.
The British government accepted these conditions of Yi Hwan.
“I will do that.”
“And again, there is one more condition.”
It was Lee Hwan’s negotiation method to tear it apart as much as possible.
That’s why Lee Hwan wants to get the upper hand in any negotiations.
The second condition that Lee Hwan proposed was the issuance of convertible bonds (CBs) by the central bank.
“If the Bank of England becomes unable to pay interest, please allow it to be refunded in convertible bonds.”
“Convertible bonds, what are they?”
“The right to convert the shares in the Bank of England at a later date by the amount of the bond.”
“Uh… … ! So, how much money can you guarantee?”
“Yes, it is.”
Even if the Bank of England is the world’s largest bank and the de facto international central bank, what’s the use of stocks if it becomes a bank that can’t repay interest?
However, Lee Hwan had a different idea.
If the Bank of England collapses, the central bank will be privatized, and all the privileges and powers they had will return to Lee Hwan.
No, it doesn’t matter if you don’t bring 100% full authority.
Even if only a small fraction of them were taken, Lee Hwan would have obtained a huge benefit.
Originally, they were privileges not granted to ordinary banks.
‘As long as the country called Britain does not collapse, it is possible to recover the principal. Then there is no need to hesitate any longer.’
Taken from readwn.com
Ministry of Finance officials heard about Lee Hwan’s condition and responded positively.
“Well, that’s about it. I think you said there are a few more conditions, let’s listen to them and tune the conditions for the console.”
“You need to allow us to reconcile the terms of purchase and issuance of bonds.”
“Any terms of purchase?”
“If we buy bonds unconditionally and deal with them, what kind of business is left? So I want the bank to be able to adjust the terms of the bond purchase itself.”
“Hmm… … .”
According to the conditions presented by Lee Hwan, there is a high possibility that even if the public proposes to sell bonds at a discount in the future, it is highly likely to be rejected.
Even right now, Eaststellar’s bond purchase conditions are notoriously difficult, but how high would it be if it was converted to a central bank?
However, the British had an unavoidable position.
“… … Let’s see.”
“Are you taking it positively?”
The Ministry of Finance handed Lee Hwan a parchment and a pen.
They first stamped the parchment paper.
thud!
“Write down the conditions you want to state here. Then the agreement will be completed.”
After all, in war, there are winners.
Lee Hwan began to fill the parchment with a long and long condition.
***
After signing a contract with the Bank of England, Lee Hwan decided to send an expedition to a fairly distant place.
He thought there was more he could take from his contract with England.
The expedition was supported by a ship, weapons and exploration equipment.
Lee Hwan also paid a fairly thick gold coin to the expedition.
On average, expedition crews receive a commission of 0.1% or so, enough to become wealthy once the gold mine explodes.
But this time, the commission was paid in advance with a lot of bonuses.
That said, this expedition would not be easy.
He divided the expedition into two.
One was Africa and the other was Oceania.
The goal of the African expedition was to find diamond mines, and their second mission was to find mines of strategic resources such as copper and manganese.
The expedition studied geology for a year to explore Africa, and only accumulated knowledge to find the targeted minerals.
They were all-weather troops with excellent survivability, combat power, and even knowledge.
Such training was also received by Oceania expeditions.
The day before the expedition left, Lee Hwan had a drink with them.
“You may have to risk your life. From Aboriginal people to migrants, South Australia is truly lawless.”
“I know.”
“Africa will not be easy either. Although the natives are large, the slave traders are no different than bandits. It’s the same with lawlessness.”
There was a reason why Lee Hwan gave a lot of money to the expedition.
Because surviving is not easy.
The Hana expedition team members were thus moved with a sense of victory.
“I think a man should take an adventure at least once in his life. At the end of this expedition, we will finally be men.”
“That’s a good attitude.”
“But why are you sending an expedition to Australia, Baron? It is a very remote place, which is rare even among the remote areas.”
Australia is now regarded as a huge continent for the general public.
This is because, since the first expedition landed in the late 1700s, there have been no significant achievements until now.
Because the continent is so wide and barren, exploration itself is difficult, and the presence or absence of gold or silver that catches their eyes has not yet been discovered.
If Australia had thought that Australia was a communist country overflowing with gold, France, who had been competing with Britain for both s*xes, would have gone to great lengths to take it.
France gave the land to Britain early and left, so Australia became a British colony.
As such, Australia had an image of a brightly lit apricot.
However, Lee Hwan had a completely different idea.
The vicinity of Melbourne, which would be called Victoria in the future, would be brimming with gold, and the gold produced there would dominate the gold market.
‘Even Australia is a land of open pit mines that is subject to frequent weathering and erosion. It’s a good thing you don’t know that yet, but if I had been born 20 years late, I might not have had this opportunity.’
Lee Hwan only said one word to the expedition team.
“Australia is a land with sufficient future value. It is well worth the investment.”
“Um, is that so?”
“If you just wander around the area I have designated, you will find gold. However, there is one thing to keep in mind.”
“Anything to keep in mind?”
“If you find gold on the roadside, you must not bring it to Holland.”
“What do you mean?”
“When you find gold, build a local warehouse and hide it so no one can find it.”
“Why the hell… … .”
There is one unwritten rule of the expedition, and the gold or diamonds they found were to be taken with them.
This was a privilege granted to the expedition, but this time, Lee Hwan restrained it.
“When you discover gold, Australia’s value increases. Then the amount of gold we can eat will decrease.”
“iced coffee… … !”
“Besides, are you willing to stay still when you hear that these outlaws have gold? It is said that tens of thousands of immigrants came to Sydney not long ago. Those immigrants, do you know what everyone is doing?”
Sydney is the place where people who have been deported from their home countries have settled.
Of course, not all criminals are like this, but quite a few are also promoting lawlessness in Australia.
It was natural for their eyes to turn over when they saw gold.
“It is better to be careful with soup. Gold should not be found by anyone, nor should it be stolen from anyone. We must take it secretly and make it our property. Please bring back any private property you found there after our mercenaries land.”
“all right. I will take it with me after it is safe.”
“I thought about it. Then, drink as much as you want today and take a day off tomorrow.”
Lee Hwan told the mercenaries to drink comfortably and avoided the seat.
However, he did not return home like this, but stopped by another bar.
There sat the Malacca Coaster.
“Have you waited long?”
“no.”
“To pass a drink to the mercenaries.”
“Good job. No one will know about the existence of the expedition that I have formed until they depart.”
“The target area is here. Can you find it?”
Lee Hwan marked several places with the alphabet on the map, and the locations exactly coincided with the future genetic locations.
The oil field was located in Venezuela.
Taken from readwn.com
Malacca Coaster nodded slowly.
“I will definitely find it.”
“Then only trust you.”
Another project was underway that would determine Eaststellar’s next 100 years.
***
Black shadows began to jump one by one into Andre’s fleet, which was anchored in the southern part of the Ryukyu Kingdom.
To their surprise, they threw a single hook on the rope and climbed more than 15 meters without any safety gear.
It was an action that could never be done unless it was a human who raised his physical abilities to the limit.
The assassins in black masks started running towards the cabin in unison.
Knock Knock Knock… … !
I’ve never experienced an ironclad ship before, so even if I killed the footsteps, it would be a shame.
This meant that Eaststellar’s knowledge of weapons was minimal.
That would soon be expressed as bravery, but bravery did not save lives.
A bright light lit over the assassins’ heads.
“… … What, is there a light on the boat?”
“Does that mean that the ship itself can generate what kind of power?”
The idea of a generator connected to an engine was unimaginable, and to those who did not know what a battery was, it was unimaginable that the lights on a battleship could be turned on.
Soldiers with rifles poured into them.
“Hands up. If you move, I will blow your head off.”
“… … Sheesh, run away!”
I thought I could avoid matchlock guns because my physical abilities were so good.
Not all of them could survive, but at least some of them could get out of here alive.
However, that was the case when the gun was single-shot.
After a single shot was fired, it took only 2-3 seconds to reload and fire.
The assassins, who had never thought that there would be a reloading method that ended when the bolt was pulled and pushed once, collapsed with a hole in the back of the assassin.
“Big!”
“It is not wrong to say that ignorance is courageous.”
The assassins were tied up on the spot and taken to the cabin.
Andre in a military uniform appeared in front of them.
Andre took off the assassins’ masks.
“You’re Asian. Where did you send the assassin?”
“… … Don’t you know?”
“Well, it is not. There is only one person in the Ryukyu Kingdom who can attack our fleet in this open sea.”
“Sheesh… … !”
Apparently, they were trying to plunder the fleet and use it as their own strength.
Andre changed his mind about forming an alliance with this place.
“Occupy this place. Let’s advance to the palace.”
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