Rebirth in 1985

Chapter 1140: The First Counterattack (Part 2)

Explosive news! The market value of Phoenix Financial's subsidiaries is as high as 13 trillion US dollars. This is undoubtedly explosive news and something that no one expected. Normally, Phoenix Financial has never announced anything to the public. This is the first time that Phoenix Financial's situation has been announced.

What does $13 trillion represent? Is that a huge fortune?

No, at this point, it can no longer be considered huge wealth, it also represents a dominant position. Look at the global financial companies now, is there any financial company with a value of over one trillion US dollars?

Maybe there are, but they are hiding it. However, one thing is certain, even if they are hidden, there probably won't be many financial companies with a value of over one trillion US dollars.

However, Phoenix Financial is a financial company with a market value of over 10 trillion US dollars, which is undoubtedly an absolutely dominant position.

The $13 trillion plus the $8 trillion of Phoenix Group's industrial business means the entire Phoenix Group's market value is as high as $21 trillion.

A group company that has been established for more than 21 years has unexpectedly revealed all the mysteries today. Its market value is as high as trillion US dollars, which shows how powerful the Phoenix Group is.

But that was already in the past. There was one piece of explosive news, but Lu Shaohua seemed to feel that it was not enough. So, Lu Shaohua spoke again. "The market value of Phoenix Group exceeded 21 trillion US dollars, but now, due to the article published by the Wall Street Journal, Phoenix Group's overseas market in the real estate sector has been wiped out, and its reputation in the financial sector has reached an unprecedented low. What caused this?"

"It was undoubtedly caused by the Wall Street Journal. Here, I solemnly explain the Phoenix Group's position. It has been three days since the Wall Street Journal published the article. People from the Hong Kong and Macau Chambers of Commerce asked the Wall Street Journal to list the evidence, but to this day, the Wall Street Journal still has not listed the evidence. I am very sorry. The Wall Street Journal is no longer reporting the truth of the facts, but deliberately slandering the Phoenix Group." Lu Shaohua said in a serious tone, changing the subject. "The Wall Street Journal did it. They slandered the Phoenix Group, causing the Phoenix Group to face an unprecedented crisis and the risk of bankruptcy. The losses have also come out, exceeding 3 trillion US dollars."

"It was the Wall Street Journal that caused the Phoenix Group to suffer losses. My only option is to seek compensation from the Wall Street Journal through international legal provisions." Lu Shaohua went around in circles and finally got back to the point. "10 trillion US dollars, this number is absolutely not excessive, because it was the Wall Street Journal that caused the Phoenix Group to suffer losses."

"At the same time, I would like to make an appeal here. I hope that when Phoenix Group appeals, the relevant international organizations can make a quick ruling. After all, Phoenix Group is now on the brink of collapse." Lu Shaohua added at the end.

Undoubtedly, this is another explosive news!

A $10 trillion claim?

Can the Wall Street Journal afford to lose $10 trillion?

No, the Wall Street Journal absolutely cannot afford the compensation, but the problem is that Lu Shaohua's claim figure is absolutely reasonable. The loss exceeds 7 trillion US dollars, and this only calculates the current losses. Future unknown losses have not been taken into account.

Adding another $3 trillion does not seem excessive and is very reasonable.

However, at this time, the reporters below recalled what Lu Shaohua said at the beginning: Wall Street is awesome!

Wall Street is indeed awesome, and the Wall Street Journal is awesome because it’s located on Wall Street. Is it awesome now?

Even if the entire Wall Street were sold, the compensation of 10 trillion US dollars would not be enough. Of course, if the people in the entire Wall Street sold all the goods they had, they might still be able to pay the compensation. Well, that was in the past, and it might be difficult to pay now.

Don't forget, this is a financial crisis. Almost everyone on Wall Street has suffered losses and their assets have shrunk. It is still unknown whether all of them together have $10 trillion.

Uproar, absolute uproar!

No one expected that Lu Shaohua would make such a huge demand, asking for 10 trillion US dollars.

But soon, the scene calmed down because Lu Shaohua had already said two explosive news. Will there be more explosive news next?

The answer is yes!

At least in the eyes of the reporters below, Lu Shaohua will release more explosive news.

According to normal logic, the most important and critical things are always left for last, and it is obvious that Lu Shaohua will do the same.

In fact, this is true. After a pause, Lu Shaohua continued, "It was a report published by the Wall Street Journal, claiming that Phoenix Financial disrupted the world's financial markets and took advantage of financial storms, currency crises, stock market crashes and other disasters to make a lot of money. I am deeply saddened by this."

"Phoenix Group has been established for many years. It has grown from a subsidiary of Phoenix Finance to what it is today. It has invested a lot of effort. Although Phoenix Finance has investments in countries around the world, I can assure you that the investments of Phoenix Finance are absolutely legitimate." At this point, Lu Shaohua deliberately paused and continued. "Everyone knows that whether it is the stock market or currency, there are ups and downs, and Phoenix Finance has a professional team in this regard. Whether it is up or down, the professional team will make an assessment and then make the investment. This is a legitimate investment and has never violated any regulations."

At the end, Lu Shaohua stopped talking about the important part, looked around, and said, "In the past few days, I have collected some evidence. Well, you can see the big screen behind me. I think you will understand everything after you see it."

Lu Shaohua had just finished speaking, but the press conference below was in an uproar, because as soon as Lu Shaohua finished speaking, documents appeared on the big screen behind him.

The documents are all in English, but that does not prevent the reporters below from reading them. The reporters who are sent here must be proficient in several languages, and naturally they must also know English, a nearly universal language.

The content of the document is very simple. It is a confidential document of the US government. It roughly talks about the subprime mortgage crisis involved in the US real estate bubble.

The last signature date was two years ago, in 2006.

This document left all the reporters a little confused, but it was not over yet. About ten minutes later, when the reporters had finished reading all the contents of the document, the Phoenix Group staff behind the scenes switched to the next document.

The next document was explosive. It was also a confidential document of the US government, but the content of this document was evidence that the US government relied on the dollar as an international currency to force countries around the world to pay for their real estate bubble.

"Oh…"

"Oh…"

"Oh…"

There were boos everywhere and the reporters below couldn't help but gasp; they were shocked.

The reporters could not help but be shocked. In fact, it is no secret that the US government uses the dollar as an international currency to force countries around the world to pay for them. Economists in many countries have already analyzed this, but unfortunately no evidence has been found.

But now, Lu Shaohua has found evidence. What does this mean? It means too much.

However, Lu Shaohua did not speak at this time, but waited for the staff behind the scenes to switch to the next file.

The screen switched again, this time showing several photos and a recording.

The photos finished playing in the slide show and the recording also ended.

"I believe you are familiar with the people in the photo. Yes, they are the editor-in-chief of the Wall Street Journal and several important officials of the US government, and the recording is the conversation between them." After a pause, Lu Shaohua continued. "From the photo and recording, it is not difficult to see that the article published by the Wall Street Journal a few days ago was actually instructed by the US government. What is their purpose? To frame Phoenix Group."

This is what Lu Shaohua meant by proving the guilt of the US government and the Wall Street Journal.

Uproar, uproar again!

Undoubtedly, Lu Shaohua dropped a bombshell again!

What? The US government instructed the Wall Street Journal to defame Phoenix Group.

The US government itself is using the dollar as an international currency to force countries around the world to pay for their real estate bubbles.

The US government is the mastermind, but the mastermind instructed the Wall Street Journal to put the blame on the Phoenix Group. This approach is very obvious. The US government wants to put the blame on the Phoenix Group and claim that the Phoenix Group is the initiator of the financial crisis.

This kind of tactic is often seen, but no one has ever exposed it. Now that Lu Shaohua has exposed it, it is undoubtedly very shocking to the reporters sitting below.

What was more important was that Lu Shaohua actually listed the evidence. Those confidential documents were stamped with seals, so they could not be denied or forged.

However, Lu Shaohua did not give the reporters much time, and continued to speak. "All of this is the work of the US government, and Phoenix Group is undoubtedly the best target for the US government to blame. I am extremely angry about this!"

"Most of the UN agencies are in the United States. As we all know, the Americans usually have the final say, but this time is different. As I said just now, the Wall Street Journal must compensate Phoenix Group with 10 trillion US dollars. I will solve all these through official agencies. However, the Americans can do something about this. I don't mind it. But if the US government does something, it can't be blamed on me. Since the facts are in front of us, and the international agencies don't deal with it, it means that they are exonerating the Wall Street Journal. This is equivalent to the non-existence of international law. Then, I can completely ignore those rules and regulations." Lu Shaohua changed the subject and said, "In 2001, the US government secretly investigated Phoenix Group. I believe everyone knows the final result. Yes, I attacked the US financial market. Since that scene has been staged, I don't mind doing it again."

The last words were what Lu Shaohua wanted to say after going around in circles, attacking the US financial market again.

……