YM778.TV Chapter 868 - Humiliation That Would Last For Centuries!
Chapter 868: Humiliation That Would Last For Centuries!
The first time a stock melted was 10 minutes.
This was the most crucial 10 minutes.
Instantly, the world fell silent.
No one expected Japan, a world-renowned country, to suddenly encounter such an economic attack. After all, no one in human history had dared to be so bold.
On top of that...
Succeeding at it!
The entire world’s attention was focused on Japan. They wanted to see how Japan would respond.
At that moment, the new cabinet in Japan was also panicking. They wanted to stop Su Yang from continuing to wreck the market, but there was nothing they could do. They wanted to save the city, but they couldn’t afford to fork out that much cash.
For a moment, no one knew how to avoid this devastating disaster.
At that moment, as Nakai Yuuki looked at the panicked crowd, his expression changed. In the end, he picked up the phone and went out to make a call...
Soon, the call was connected, and a bright young man’s voice came from the other end.
The young man was obviously in a good mood, and he even took the initiative to make a joke. “Nakai-san, what’s the matter?”
Nakai Yuuki couldn’t say the words that came out of his mouth. He hesitated for a long time before finally saying the name of the man who was now causing him nightmares. “Su... Kun.”
Su Yang was not surprised by Nakai Yuuki’s call. If Nakai Yuuki did not call him that time, it would mean that he was not qualified to be the president of the country.
After all, Su Yang was the one who had single-handedly created his country’s disaster. If he wanted to resolve this disaster as quickly as possible, the easiest way would naturally be to start from Su Yang himself.
As expected, Nakai Yuuki said, “Su-kun, you’ve already gained enough benefits in Japan. Stop now.”
Hearing Nakai Yuuki’s words, Su Yang chuckled. “Are you telling me how I should do things?”
Veins popped out on Nakai Yuuki’s forehead. ‘I’m the president of the entire country, which makes me the one in charge of this country. Who dares treat me disrespectfully?
‘Even a tycoon wouldn’t be so rude to me.’
After all, he had too many tricks up his sleeves on stage. If he was really pushed into a corner, he would fall out with them and issue certain policies to restrict the corporations. When that happened, the corporations would have no choice but to accept the situation.
‘Only Su-kun...’
Su Yang was not from Japan and nor was his foundation located there. Hence, he could not threaten or restrict Su Yang. He could not even prohibit Su Yang from doing anything.
Or rather... Perhaps Nakai Yuuki could not do it himself.
When he was working with Su Yang, the second condition that he agreed to was to not restrict Su Yang’s legal transactions in Japan...
Actually, as someone from the circle of big bosses, trustworthiness was just a piece of paper to Nakai Yuuki. When he negotiated with Su Yang previously, he did not take these promises seriously.
But... For some reason, even when he could have broken his promise, he somehow didn’t want to break it at all.
Therefore, when a subordinate of his proposed to restrict Su Yang’s transactions, he rejected them immediately.
It was no wonder that the cabinet could not handle this matter. ‘No wonder many people think I’m in cahoots with Su-kun...’
At the thought of this, Nakai Yuuki became even more furious. He knew that he was the president of the country and not a lackey of a tycoon like Su Yang!
‘I must prove myself!
So, when he thought of this, he said threateningly, “Su-kun, you’re going to have to go back eventually after you earn your money, don’t you? Aren’t you afraid that I’ll restrict your foreign exchange?”
However, Su Yang wasn’t threatened at all. He chuckled, “Nakai-kun, I actually lied at the press conference. I feel that Japan’s market is pretty good. Since I have tens of billions of yen on me, I can just stay in Japan and play.”
Nakai Yuuki choked on his words.
‘Am I being asked to allow this jinx to stay in Japan to play around?
‘It’s only been a few months, and the country’s already on the verge of collapse. If this continues, our whole country will be finished!’
When he thought of this, Nakai Yuuki felt that his threats were useless.
He pondered for a moment before he continued, “What if I limit your account?”
Su Yang smiled. “Oh, Nakai-san. Do you want to take a gamble and see if I have any other means to bury your entire country along with the billions of yen?”
Nakai Yuuki was speechless.
Truth be told, Nakai Yuuki would not believe anyone else’s words. But Su Yang...
Su Yang had created too many miracles in this period of time. No one knew how much power he was hiding. After all, no one knew how he could influence the governor of Hawaii or the president of the America.
After he became the president of the country, Nakai Yuuki sent someone to investigate Su Yang. In the end, his understanding of Su Yang rose to a whole new level. This was because he discovered that Su Yang not only had a lot of influence in Japan and America, but he also had a lot of plans in China.
Therefore, Nakai Yuuki did not dare to doubt Su Yang when he said that he had a backup plan.
After realizing that all his threats were useless, Nakai Yuuki let out a long sigh, knowing that he had no other choice.
Hence, he said, “Su-kun, tell me your conditions. I’m sure you’re not just trying to mess Japan up, are you?”
...
No one knew what they were talking about.
He only knew that for the next two days, the Japanese cabinet did not restrict Su Yang from massacring the entire Japanese stock market. They simply let him do whatever he wanted.
During this period of time, some tycoons and corporations in Japan had thought of working together to destroy Su Yang.
After all, there was a huge loophole in Su Yang’s plan.
That was a short squeeze!
As explained previously, short squeeze happens because the stock market has sold too many stocks (or futures, or foreign exchange), and the multiple heads have taken the opportunity to buy too many stocks (or futures, or foreign exchange). As a result, even if all the stocks on the market were bought over by the party that was emptying out, it would not be enough to return to the exchange and brokerage market.
If there was a short squeeze, it would lead to a limitless increase in the bargaining power of many parties. This was because the party that’s emptying had to negotiate with many parties and purchase their stocks in order to repay the stocks they borrowed.
However, Su Yang had used too much money to suppress Japan, and he had borrowed too many shares. So as long as he took on more shares, he would be able to sweep the market!
However, they soon realized that they could not do that. Because of Wei Lin and Little Deeny’s precise manipulation and the fact that Japan’s stock market had a T+0 trading rule (which meant that they could sell it on the same day if they bought it on the same day), Jiadian Group was constantly taking over their own business!
They were going to sell it at a lower price after taking over the board!
This tactic was like a continuous wave of waves that continuously suppressed the Japanese stock market.
Furthermore, if the government did not step in to stop them, the relevant departments would not dare to make any moves. Hence, all the corporations and international capital of the anti-Soviet alliance were eventually devoured by Su Yang.
These three days were the darkest three days in Japan’s history.
Su Yang’s snowball was getting bigger and bigger. It was as if he was a demon king that landed on Japan and turned it into a hell of flesh and blood. In front of Su Yang’s wheels, all the citizens, tycoons, international investors, and tycoons were akin to a mantis trying to stop a chariot!
Furthermore, it had turned into nutrients for Su Yang to grow bigger and bigger!
At this moment, even the country would not be able to defeat Su Yang if they did not use their administrative power and only relied on economic means. Because the situation was already set, Su Yang was no longer the one who was snowballing, but the entire country of Japan...
Two days later, on May 9th, Su Yang finally stopped his attacks. He had Wei Lin start to buy back the stocks on the market on a small scale. Although the amount of stocks required was sky-high, due to Wei Lin and Little Deeny’s meticulous manipulation, Japan’s stock market did not soar after a slight rise. It only stopped falling.
After that, Su Yang returned the shares that he borrowed to the various trading firms and brokerages. He also returned 16 trillion yen along with interest to the five biggest banks in China. Then, he left Japan with a huge amount of cash, leaving only the ruins of Japan...
After this incident, Japan’s currency markets, stock markets, and economy all collapsed.
The foreign exchange had fallen to its lowest level in the last twenty years. The stock market had fallen for five years, and the real economy was almost completely destroyed. The savings and wealth of the citizens, as well as many tycoons, had all been plundered or evaporated into thin air.
The streets of the entire country were still bustling, but the interior had been reduced to ruins...
At the same time, Su Yang updated her first Weibo post that she had not updated for half a year.
On May 7, 1915, the island nation used force as an ultimatum, demanding that the Plantagenet be admitted to the Twenty-first Section within forty-eight hours. On May 9, the Plantagenet was forced to accept the twelve terms in the island nation’s Twenty-First Section, the terms of losing power and humiliation...
At this point, everyone finally understood why Su Yang went through all this trouble!
And why it started on May 7 and ended on May 9.
So it was all for the national shame of the past!
Su Yang had returned this humiliation to Japan by himself.
At this point, Japan would never forget what Su Yang did to the country from May 7th to May 9th. Some even called it the Three Dark Days.
On the pushover, Su Yang was still full of disgust. He was deeply regretful that he was unable to cooperate with the five big companies. At the end, he thanked Yagawa Masaru again, saying that he would not have gained so much without his invitation to Japan.
This time, anyone with a discerning eye could tell that Su Yang was being sarcastic, and he was deliberately luring trouble onto himself.
However, there was nothing they could do about it. The Japanese people needed an outlet to vent their frustrations, and the country needed a scapegoat.
So Yagawa Masaru is finished...
Countless people rushed to his page, and under the banner of the Swift Marketing Group, they started to curse and swear madly. They believed that it was all his fault.
Actually, he was not wrong about that. After all, even though Yagawa Masaru was trying to trick Su Yang, Su Yang’s plan would not have gone so smoothly without him leading the way.
The company’s business and stock prices also plummeted.
However... that did not matter. After all, for Japan, the business and stock prices of various large companies had plummeted.
The real unlucky one was Nindentou. The president of Nindentou’s company had planned to use the stock market to collect cash to help his company survive. However, after three days of darkness, the stock market collapsed.
Their stocks were no different from scrap paper. There was no way they could borrow money.
The more troublesome thing was that they called all the parts manufacturers. The parts manufacturers said that they could negotiate at first, but the stock market changed, and they were in a difficult situation. Therefore, they all refused to terminate the deal, and they all said that they had finished producing all their parts. They demanded that they be allowed to settle the final payment in Nindentou.
When it rains, it pours.
Nindentou had run out of cash, the stock market had crashed, and there was no way to mortgage it. The parts it produced were all junk, and the whole company was on the verge of bankruptcy.
For a moment, this gaming industry giant was at the end of his rope...
...
The news of Su Yang overthrowing Japan caused a huge reaction. There was good and bad news.
The downside is that the world once again recognizes that economic and cultural wars are more lethal weapons than heat wars.
Furthermore, it also confirmed the terror of the capitalists and corporations.
For a tycoon like Su Yang who had just entered the corporate world, he could overturn a huge country with all sorts of schemes. Then, for giants like Google, Apple, and Samsung, how much influence could they have on the country?
Therefore, all the countries raised their guard against these rich and powerful families who had huge wealth.
Compared to the capital world, which had been infiltrated and influenced by the New Money Family and Old Money Family, the domestic situation was slightly better.
After all, there were only two companies that could have a huge impact on the lives of the people.
Therefore, at some unknown places, there was also a seminar about wary capital.
On the other hand, Su Yang had become famous. There were not many people like him who could fight against an entire country on his own. The most recent one was Soros.
Soros’ name was known throughout the East and West. Even those who did not understand finance, futures, and stock markets would have heard of his exploitation of national financial markets.
On the other hand, Su Yang was even more thorough than him. Not only did he attack a larger country, but he also defeated the other party single-handedly.
Of course, Su Yang earned more...
Compared to Soros who could only earn billions of USD in every economic war, Su Yang had earned tens of billions with just this alone!
This was USD!
Plus, it was cash!
If Su Yang was said to be the richest man in the country before, then after this battle, Su Yang had become one of the top 10 richest men in the world.
And the ranking was definitely not low.
Furthermore, no one would look down on Su Yang just because his company’s market value was low. After all, when a tycoon reached a certain level, other than looking at influence, the amount of money they had, they would also look at their results!
He had defeated a world-class superpower! Which tycoon in the world had such achievements?
Therefore, it could be said that Su Yang relied on this economic war to become world famous.
Meanwhile, in the country, those who had been paying attention to this were all stunned.