Chapter 597: Moving Towards Great Rejuvenation, Wei Yan Brings Back a Subversive Trump Card
In the next two months, Longguo, Japan and South Korea also formally signed the "East Asia Economic Cooperation Agreement" and unanimously decided to use Longguo currency as the trade currency of the three countries and implement a zero-tariff policy.
This means that with the signing of the "East Asia Trilateral Economic Cooperation Agreement", in the future, Longguo products exported to Japan and South Korea will no longer be charged tariffs, and the same will be true for Japan and South Korea, and the visas between the three countries will be completely cancelled, and will be replaced by mutual exchanges. Visa-free countries.
In addition, Japan and South Korea are selling large amounts of U.S. Treasury bonds and switching to Dragon State bonds, which has caused the U.S. dollar to further depreciate in the foreign exchange market and the wealth of countless traders has shrunk.
According to the latest public information, the major holders of U.S. Treasury bonds are...
The first place, Neon Island Country, has a total holding of US$2 trillion, of which US$1.2 trillion is long-term and short-term bonds.
Second place, the Kingdom of Britain, has a total holdings of US$1.5 trillion, including US$644 billion in long-term and short-term bonds.
The third place, Longguo, has a total holding of 1.2 trillion US dollars, including 1.063 billion US dollars of long-term and short-term bonds.
…
The eighth place is Canada, with total holdings of US$964 billion, including US$777 billion of long-term and short-term bonds.
Ninth place, Switzerland, with total holdings of US$825 billion, including US$356 billion of long-term and short-term bonds.
Tenth place, Belgium, with total holdings of US$618 billion, including US$548 billion of long-term and short-term bonds.
Originally, the total amount of U.S. Treasury bonds held by Dragon State last year was 1.6 trillion, ranking second. However, due to the crazy selling in the past few quarters, it has dropped sharply to 1.2 trillion, a full reduction of 400 billion in U.S. Treasury bonds. .
What does this mean?
Long Guo feels that the credit of the United States is about to go bankrupt!
You must know that when a country issues national debt, it is endorsed by national sovereignty, economic strength and national credit.
As for the country that buys national debt, it is equivalent to trusting the country to repay and pay interest on the income. The relationship here is similar to when you hand your money to a trustworthy fund manager and let him help you make risk-free investments.
Of course, in actual operation, it is impossible to be risk-free.
But once a risk occurs, the country's credit will be lost. This is something that all major countries must treat with caution.
As China, Japan and South Korea began to sell off U.S. government bonds, the U.S. stock market also ushered in a new round of decline.
Those who have never studied finance may not understand why national debt affects the stock market.
If you want to understand the relationship between national debt and the stock market, you must be clear about one thing, that is, the income from national debt is very stable.
It is equivalent to you lending money to the country, you become the country's creditor, and when it matures, the country will pay you interest, similar to the time deposits launched by major banks.
The stock market is different. There is no agreed return for stocks with investors. If you invest 10,000 yuan in stocks, you may end up losing 5,000 or making 5,000. The return is uncertain, but you can see the return on treasury bonds.
It is worth mentioning here that the yield on government bonds will decrease as the market becomes hotter.
If more people buy it, it means that everyone recognizes the national debt, and the interest rate can be lowered. But if no one buys it, the only way to attract investors is to increase the agreed interest rate.
For example, some small countries, such as Turkey, have a ten-year government bond yield of 32%, which is far beyond the annual investment return rate of ordinary investors. But do you dare to invest?
The answer is obviously easy, don’t dare!
Why not?
Before purchasing a country’s national debt, one must also consider currency stability.
Like the Thai baht in the past, before Soros was shorted, the exchange rate of the Thai baht against the US dollar was 25 to 1. If you happened to buy Thailand's ten-year government bonds before Soros was shorted, ten years later, the exchange rate of the Thai baht against the US dollar would be It has almost fallen to 45 baht per US dollar.
Therefore, if you want to buy government bonds, you need to judge from multiple dimensions.
As countries sell off, U.S. government bond yields will naturally rise. When investors in the U.S. stock market see that they have been busy for a year but the yield on U.S. government bonds is not as high, they will also choose to withdraw from the U.S. stock market.
Between stable returns and risk returns, smart money will favor the former.
A series of actions have given the originally recognized world hegemon a sense of powerlessness, and also caused more and more countries holding national debt to choose to sell off.
Unlike the economic turmoil in the United States, the Dragon Kingdom's economy has shown strength beyond the imagination of everyone in the world.
Whether it is CPI data, consumption index, or city GDP quarterly index, they are all rising in a straight line.
More and more funds are entering the Dragon Kingdom and investing in the financial market.
The rapid development of the financial market has brought high-quality companies around the world that need financing, giving Longguo sufficient capital for negotiations.
Like the lithography machine giant, the Dutch company ASML has submitted a listing application to Longguo, hoping to enter the Golden Dragon Technology Index market.
Not only the Dutch ASML, but also the three giants of American EDA chip design software, Synopsys, Cadence, and Mentor, have submitted listing materials to the Longguo Securities Regulatory Commission, hoping to get approval.
Many technology companies can maintain their leading position and have inexhaustible funds largely by relying on the supply of capital markets.
Why do you say that?
Because as long as the company is listed, it can raise funds if it is short of money.
This was the case in the Longguo stock market in the past. A large number of junk companies prepared their listing reports to look good, and then started selling the companies as soon as they were listed, and they could realize hundreds of times of profits in an instant.
In the past, when the U.S. stock market was a gathering place for global funds, Dutch companies ASML, Synopsys, Cadence, and Mentor could all continuously draw funds from the U.S. stock market.
Now that the rice stocks can't squeeze out "milk", they can only look elsewhere.
However, there is a saying in the Long Kingdom: Thirty years to the east of the river, thirty years to the west of the river, don't bully young people into poverty.
At the beginning, these companies used their leading position in the industry to suppress developing companies in Longguo for no reason, and also cooperated with Wall Street to short A shares. Now that the rice stocks have run out of milk, they want to find a "nanny". How can it be so easy?
Moreover, both the Dutch company ASML and the three giants Synopsys, Cadence, and Mentor are all dying losers and can be classified as garbage companies. Letting them be listed in Dragon Country will harm investors.
If you really want to invest in semiconductors, wouldn't it be better to go directly to Longxing Group?
Even if you think Longxing Group's stock price is high, you can still invest in Longguo companies in the semiconductor segment such as Huatian Technology, Loongson International and Modu Chemical Group. These are all potential companies with the shadow of Longxing Group.
Invest in sunset red companies?
Let Sunset Red Enterprises go public?
Two words.
dream!
…
In the past, because there was no Internet, many people had no idea about the changes in the world economy. However, with the popularization of the Internet, the whole world can clearly sense that the Dragon Kingdom is gradually pulling down the United States, the former world hegemon.
The biggest change among them is the "hard currency" of small and poor countries.
In the past, African countries, such as Morocco, Libya, Nigeria, etc., the people in these countries generally accepted U.S. dollars. You could buy any goods with U.S. dollars, and even their own currencies were not recognized. They were hard currencies other than precious metals such as gold and silver.
It’s not just African countries. If we go back five years, even in the Dragon Country, US dollars can be spent normally without exchanging currency. Many merchants support US dollar shopping.
But now?
Dollars no longer work!
A large number of YouTube bloggers are posting videos saying that when they tipped in African countries, the tip was explicitly requested to be exchanged for Dragon Country currency.
This matter has also been on the hot search list on YouTube, Twitter and TikTok, and some people even went to Africa with US dollars to verify it.
Finally, I got a "cruel" answer in Morocco, that is, even African black brothers now know that the US dollar's value retention rate is no longer as good as that of the Dragon Country currency, which is the emerging world currency. This further increases the exchange rate of the Dragon Country currency, and also Accelerated the depreciation of the U.S. dollar.
Because Davich was punished by family rules and still couldn't get out of bed after two months of rest, Creighton appointed Powell to take over as chairman of the Federal Reserve Bank of America.
Powell, who was originally ambitious and always wanted to be the top leader of the Federal Reserve Bank, faced such a predicament and could only act anxiously and scold Darvitch at night.
Why can't we just be anxious?
There is only one reason, and that is that Davich was drugged too hard during his tenure.
After a recent interest rate meeting, the US dollar deposit interest rate reached 13%, which is a very scary number.
Are you talking about an interest rate cut?
Funds locked in the bank and living on interest will run away.
Don’t think this is a trivial matter. The bank’s operating model is to “tear down the east wall and mend the west wall.” As long as everyone withdraws money together, even Swiss banks will collapse.
If interest rate cuts don’t work, what about raising interest rates?
Raising interest rates is even less feasible!
In the past, the United States was able to shock the world by raising interest rates because the U.S. dollar was the absolute hegemon and everyone recognized it.
Now if you still raise interest rates, then all the money in the market will go into the Bank of the United States, and the amount of circulating funds will decrease. Can the Longguo currency take advantage of the situation and continue to encroach on the share of the US dollar?
Cutting interest rates won't work.
Neither can raising interest rates.
Powell didn't even know what to do.
Check out the 16-9 book bar and see the correct version!
The only thing he can do now seems to be to hope for a miracle.
While the Dragon Kingdom was moving step by step toward great rejuvenation and returning to the top of the world, the Rothschild family, the driving force behind the Western world, seemed to have gone crazy, and the whole world was looking for traces of Wei Yan.
It seems that the revival of the Dragon Kingdom is not as important to them as finding Wei Yan.
However, no matter how they sent hackers to hack into the data centers of several airlines, they still found no suspicious traces of Wei Yan.
Even in the past two days, the Rothschild family has been so frantic that they privately used the naval fleets of the United States and Britain, temporarily controlling the Bering Strait, Panama Strait, and Malacca Strait.
The importance of these three straits, even people who have not deliberately studied geography, have heard of them more or less.
Take the Bering Strait as an example. As long as you want to start from Alaska, USA, and go to the Far East region of Mao Xiong or along the east coast of Asia, then the Bering Strait is the place you must pass through, because it is located between Asia and North America, connecting Arctic and Pacific oceans.
As for the Strait of Panama and the Strait of Malacca, ships departing from ports on the east coast of the United States cannot avoid them.
Wei Yan left in the United States, and he had to pass these three checkpoints before returning to the Dragon Kingdom.
However, the long period of control and investigation has aroused dissatisfaction in many countries around the world. Even top German officials are questioning what the United States and Britain want to do.
Every day they are blocked, the greater the pressure from public opinion they bear.
Mao Xiong even hit it off with Long Guo, decided to go to the Strait of Malacca to conduct military exercises, and informed the whole world.
In the third month of the blockade, the United States and Britain finally could not withstand the pressure of world public opinion and let go of inspections of some ships because they found that even Italy, a "weed on the wall", seemed to be biased towards the Asian camp. Things were a little bit complicated here. It’s not simple anymore.
Even though Italy is said to have surrendered quickly, its judgment is really poor.
After all, the S2 season can accurately grasp the thigh, you ask Poland, do you envy it?
Now even Italy is leaving the "Western Alliance". Doesn't this mean that they prefer the BRICS alliance?
However, Clayton would not have thought that he only needed to persist for one more month to find Wei Yan, whom he "had longed for".
However, Wei Yan is not without backup options. If he feels that he cannot return to Long Kingdom, he will send the photos and videos to Chen Xing as soon as possible. He has already edited the email and only needs to be connected to the Internet to send it.
Of course.
This is helplessness in a desperate situation.
As Royal Caribbean's Quantum of the Seas successfully arrived in Mao Xiong's Moscow, for the sake of caution, he did not choose to buy a ticket and fly back to Dragon Kingdom, even if it was only a short distance away.
After another half month, he finally took the Royal Caribbean Quantum of the Seas and arrived at the Wusongkou International Cruise Port in Shanghai in early June in Longguo.
This time, he stood on the observation deck on the top deck, looking at the land of his motherland. He could feel the smell of safety with every breath he took.
Although it is pleasant to take a cruise ship back to your country, you have no idea when and where the other party will stop you.
It's like having a knife behind your back. Regardless of whether it's a real knife or not, as long as it's held against you, a person will feel scared.
"Finally here!"
Wei Yan looked slightly excited.
As the Royal Caribbean Quantum of the Seas cruise ship sailed into the port parking area, he opened the mobile phone network without hesitation and booked a ticket to Shencheng.
And on the other side.
Dragon Kingdom Deep City.
Longxing Group’s Bantian base.
Chen Xing stood in front of the floor-to-ceiling window of his office, holding his mobile phone and talking on the phone: "The World Economic Forum in Davos is coming to Long Country? Do you want me to attend the meeting? Old chief, I am not prepared at all."
"Just talk about your views on the U.S. dollar. Two years ago, you were the first to bet on the U.S. dollar and did not support the U.S. dollar in trading Longxing Group's commodities. Now the U.S. dollar has really declined. Your thoughts are now the biggest concern for traders around the world. "
Wang Shan told the reason for the invitation.
The World Economic Forum in Davos, also known as the World Economic Summit, is the world's top economic discussion conference.
In the past, it was held in Switzerland, but this time it was held in the Dragon Country, which was of great significance.
Nowadays, Chen Xing's words and deeds affect the world economy, and Wang Shan also wants him to come on and continue to badmouth the US dollar, so that the Longguo currency can completely replace the US dollar and become the world's preferred foreign trade settlement currency.
Seeing that he couldn't shirk it, Chen Xing smiled helplessly and said modestly: "Okay, then I will prepare the manuscript in the next two days. If I say something wrong, old chief, you have to help me support it."
"I can rest assured that you will do the work."
Wang Shan smiled.
Since he met Chen Xing, he has never seen this man make a mistake. Even if it is a several-hour manuscript for the "Longxing Annual Science and Technology Exhibition", he can recite it backwards. As long as he is given enough time to prepare, he believes that Chen Xing can handle it.
The two exchanged a few words and then hung up the phone. Before Chen Xing could turn off his screen, an email reminder from Wei Yan popped up on the notification bar, followed immediately by a WeChat message.
"Finally some news."
Chen Xing quickly opened WeChat to check.
Since Wei Yan disappeared from the regular meeting of the Federal Reserve Bank of America, he sent an email to inquire, but there was no reply. Wei Yan seemed to have disappeared from the world.
As his horizons broadened, Chen Xing also learned that some people disappeared inexplicably and were probably silenced. For example, the dismemberment case of Gaotong CEO Molenkov that caused a lot of controversy last year. No one knew about this. Why was a top elite dismembered?
During this period, Chen Xing has also been trying to re-establish contact with Wei Yan, but without success. In addition, the United States and Britain have made a lot of moves in recent months, and he is also afraid that something will happen to his chess piece planted in the United States.
Fortunately!
Finally there is news!
When Chen Xing saw Wei Yan's WeChat message, his pupils suddenly shrank and he said in disbelief: "Oh my God, when you return to China, don't you forget to take away trillions of dollars from the rich and senior officials of the United States?"