What if I have some money as an online car-hailing driver?

Chapter 703 Yang Chen’s predictions all came true

Yang Chen is not that bored to chat with netizens, he might as well go out and drive his sports car to pick up passengers if he has this time.

At ten o'clock in the evening, Yang Chen had just finished driving and returned to the palace when Mr. Li from Qiandu Group called him.

"Mr. Yang, you are amazing! Just now we received news from the United States that a fire broke out in Morgan Bank and all the deposit data was burned, but the loan data in another room was intact. You had anticipated all this, it's really amazing." Mr. Li said excitedly.

Yang Chen smiled and said, "I have seen through capitalism a long time ago. It is impossible to pay off more than 30 trillion debts. We can only make up for it by harvesting other people's wealth. However, the money in the bank is of no use. We still have to harvest the wealth of other countries to alleviate the urgent need. Believe me, their next step will definitely be to harvest the island country. Raising a son to prepare for old age, now is the time for the son to bleed. We will also eat meat, anyway, the wealth of the island country should not be wasted. Remember, short selling is over, wait for Wall Street to take action, we just need to close the position and take profits and leave."

Director Li quickly said, "Thank you, Mr. Yang, for reminding me. I will go short the island country's currency right now and make money together with Mr. Yang. Haha..."

In addition to Mr. Li, other people attending the meeting also admired Yang Chen's prediction after seeing the news. Otherwise, Xingchen Investment would have become the most powerful investment company in the world.

Since the U.S. bank's deliberate damage to deposit data has come true, will Yang Chen's statement that the U.S. will reap the island country next also come true?
Hurry up, short the island country immediately.

Word spread quickly from one person to ten, and from ten to a hundred. Within a few days, many investment companies and individuals had heard the news that Yang Chen had predicted that the U.S. bank would deliberately damage deposit data and reap the island nation.

Morgan Bank's deliberate damage to deposit data has already come true, so the next step for the United States to reap the island country will definitely come true. Yang Chen's prediction will definitely not be wrong.

Short sell, quickly short sell the island nation’s currency.

The news soon spread to the island country, and the netizens there were shocked.

"Damn it, Yang Chen actually predicted that the United States would short sell and reap us, how is that possible? We can be allies, how could the United States short sell and reap its allies?"

"But it is rumored that Yang Chen predicted two things. The first thing is that the US bank may deliberately damage the deposit data, but the loan data will be kept intact. This really came true. Morgan Bank did this. The second thing is that the United States will harvest us next. I feel that Yang Chen’s prediction may come true."

"We were already harvested by the United States 30 years ago. Will it happen again 30 years later? So we have worked hard for years just to give blood transfusion to the United States?"

"What should we do? If we are really shorted, our wealth will definitely plummet. Life is already hard enough, I can't imagine how we will live in the future. But one thing is certain, the teachers in Okubo Park will definitely be younger and more beautiful."

……

Soon the news spread throughout the United States.

After seeing the news, Buffett said with a smile: "As expected of Yang Chen, his vision is really accurate. Since the whole world knows that we are going to harvest the island country, then we should stop pretending and just do it. Jessica, help me make an appointment with the CEOs of Morgan and other investment banks. I want to discuss the steps with them."

The secretary nodded, and immediately called the secretaries of Morgan, Citigroup and other investment banks as Buffett requested, and asked their presidents, chairmen and others to meet with Buffett to discuss the next steps.

Three days later, Buffett took the lead.

Berkshire Hathaway lent 100 billion US dollars worth of island currency, or 1 trillion island dollars, to island banks, securities companies, etc. The two parties agreed that Berkshire Hathaway would repay 1 trillion island dollars plus interest after maturity.

Subsequently, Citibank also lent 1 trillion island currencies using the same operation, and also agreed to repay 1 trillion island currencies plus interest after maturity.

Then Merrill Lynch, Tiger Fund, etc. all used the same operation to lend island currencies ranging from 5000 billion to 1 trillion, agreeing to repay the same amount of island currencies plus interest after maturity.

Anyone with a discerning eye can see that there must be a big problem when so many Wall Street companies collectively lend out large amounts of island currency and agree to repay the island currency.

Combining the rumors on the Internet, Yang Chen predicted that the United States would harvest the island country. Even a fool would know that these Wall Street tycoons were going to short the island country.

If it were a sovereign country, it would definitely not agree to the lending behavior of these Wall Street tycoons.

But it is an island country, a country that is not considered a country. They know they are going to be harvested, but they have no choice but to cooperate.

After all companies completed the operation, the United States began to sell the island country's currency in the foreign exchange market. At the same time, the bigwigs on Wall Street began to sell the island country's stocks and published short-selling reports. In short, all the blame was put on the island country.

After this series of operations, the island country's currency plummeted, from 1 meter of gold to 120 meter of island country currency to 1 meter of gold to 135 meter of island country currency.

People all over the world saw the trend and quickly followed the Wall Street tycoons to short the island country.

The foreign exchange market collectively shorted the island nation's currency, and ordinary people made a lot of money. Seeing that the exchange rate could no longer hold up, the island nation quickly contacted the United States and asked it to stop shorting immediately. Let's stop here.

That was no joke. The United States immediately gave a clear answer that if the island country dared to resist, there would be more severe punishments and the relevant responsible persons would be held accountable.

Got it!
The father is not allowed to resist, so the son can only obey.

Before long, 1 meter of gold could be exchanged for 150 island currencies.

The whole world is watching the joke of the island country. It is really funny that a country’s currency is being blatantly shorted and it cannot even resist.

Seeing that the exchange rate had fallen to 1 island currencies for 160 meter of gold, the island country could no longer withstand the condemnation of its own people and immediately used its foreign exchange reserves to buy a large amount of island currencies, briefly pulling the exchange rate back to 1 island currencies for 150 meter of gold.

However, their actions were immediately sanctioned by the United States, and the Dongjing District Prosecutor's Office was dispatched.

The Americans did what they said and immediately arrested some people who resisted.

Subsequently, the exchange rate of the island currency could no longer be maintained and directly broke through the 160 mark, reaching 1 meter of gold for 162 island currencies.

At this time, the Wall Street tycoons stopped and began to exchange US dollars for the island nation's currency to repay the island nation's currency and interest that they had previously borrowed.

Previously, 1 meter of gold could be exchanged for 120 island currencies, but now 1 meter of gold can be exchanged for 162 island currencies. There is a difference of 42 island currencies in between. Even after deducting the interest, the net difference is still 40 island currencies. These are the short-selling profits of the big guys.

Yang Chen had already done the undercover work in advance. He earned more than the big guys on Wall Street, and made a net profit of 50 island dollars for every meter of gold.

This is the advantage of short selling. You can make a lot of money by paying some fees and interest, which is equivalent to making money out of nothing.

Yang Chen's name once again resounded throughout the world.

The comments of netizens from various countries on platforms such as YouTube and Twitter about Yang Chen were simply flattering.

Louis, a US netizen: Yang Chen is so amazing. I didn't believe it when the news came out. After all, we have a very good relationship with the island countries. How could we possibly harvest them? Now I know how naive I am. In the eyes of capitalists, there is only profit, but no friendship. I really regret not shorting with them now, otherwise I could also get a share of the pie.

Korean netizen Song Jae-hee: Are you only paying attention to the island country? Our country's exchange rate has also collapsed, and we have also been harvested. Didn't we agree to be allies? If I become your ally, I will be harvested? Who will dare to play with you in the future if you do this? I hope Yang Chen will make more predictions about our country in the future, and we will formulate policies according to your predictions. Please.

Japanese netizen Kunita Yokota: These capitalists are too abominable. We have worked hard for 50 years, and they have taken away % of our wealth in one fell swoop. They are too cruel. Aren’t we human beings? Don’t we want to live? Yang Chen is so powerful, why don’t you help us stop Wall Street from short selling? We are all Asian countries, shouldn’t we help each other? Please, you must help us in the future.

Li Daguo, a netizen from Longguo: Raising a son is for your old age, there is nothing wrong with that. You can’t act like a son and show off everywhere, but when your dad needs you, you act like a coward. You should be aware of being a dog, and you still want human rights? Then I also want to say that Yang Chen is Yang Chen from Longguo, and the Koreans and the islanders should stop trying to cheat, he has no obligation to help you. When you have nothing to do, you follow your American dad and act pretentiously, but when something happens, do you think of your real dad? If you can really show the attitude you used to treat your biological dad in history, we don’t mind helping you. But you know what kind of people you are now, so don’t be so shameless to cheat.

……

The key point is that the excited Dragon Country netizens came to Yang Chen and Xingchen Investment’s Weibo accounts and left messages. The number of comments on Yang Chen’s latest Weibo has even exceeded one million.

Yang Chen, who had just seen off a few guests, came to the cafe to kill time and posted a Weibo to respond to netizens' questions.

"Basic, don't be stupid. Stop surfing the Internet all day, study hard, live well, and work hard. A handsome guy like me has already seen off five guests early in the morning, what reason do you have not to work hard?"

Originally, Yang Chen just wanted to be naughty, but netizens rushed to the comment section of this Weibo post and started leaving comments. In the time it took Yang Chen to drink two cups of coffee, the number of comments exceeded 100,000.

Got it!
I'd better not respond and let them be.

At half past nine in the evening, after seeing off a guest, Yang Chen prepared to go home and sleep.

At this time, a mother and daughter on the side of the road caught Yang Chen's attention.

It was a young mother who was kneeling on the ground. Her hair was messy and her clothes were dirty. She was holding a child who could not walk yet in her arms. There was a telescopic pole tied to her head with a mobile phone on the pole, which was filming the scene of her kneeling on the ground.

Yang Chen was stunned for a moment, has the live broadcast industry become so crazy now?