"You made our country a laughing stock around the world with your stupid decisions. Do you know what those people will do next? They will auction off the USS Liberty, the former flagship of our Navy! You know who will be the biggest

Potential buyers? The British! When the time comes, those British will point to this great battleship and say, look, this is the result of not paying back the money you owe..."

During her speech in Congress, President Cristina was speechless for a moment when faced with questions from the opposition parties. In fact, no one would have thought that when she ran for the election, her plan to repudiate debt won the support of the majority of voters. Now,

But it will make Argentina an international joke.

In fact, Argentina’s previous 100 billion US dollars of maturing national debt was written off at almost no cost. However, among this 100 billion US dollars of debt, there are about 9 billion US dollars of creditors who do not agree with Argentina’s

Debt restructuring plan.

For a country, nearly 100 billion US dollars in debt were forgiven. President Cristina was once hailed as a hero by the people. But now, those stubborn creditors have adopted more extreme methods and actually allowed a third-rate poor country in Africa to seize

Argentinian warship.

…

In fact, President Cristina's confidants secretly flew to Tokyo and New York last night, hoping to negotiate new conditions with creditors in order to resolve the matter as soon as possible. However, not long ago, news came from Tokyo that

The other party was not satisfied with President Cristina's proposal to pay 10% of the face value, and stubbornly demanded that the other party pay the full amount.

According to the report given by the Argentinian intelligence agency, the Japanese businessman Arata Furuta holds approximately US$3 billion in Argentine government bonds with a face value of US$3 billion. However, the price at which he purchased these bonds was only 300 million yen.

If he pays 10% of the face value, Arata Furuta can get about US$300 million in income, which is equivalent to 30 billion yen, a full 100 times his original investment.

Aren’t you satisfied with 100 times the income?

No, Arata Furuta’s ambition is even greater! He wants to get all three billion US dollars.

The Singer people are handling the matter of the impounded warship in Ghana. Reporters from as far away as the United States are now flying to Ghana in droves, trying to take first-hand photos of the impounded USS Liberty.

Although the warship was seized by the Ghanaian government, the lawsuit is a long process. At present, the Argentine government has not given up and is trying to continue negotiations with Arata Furuta and Zinger in order to resolve the Liberty incident as soon as possible. However, in the bond market,

, the actions of Arata Furuta and his allies seem to point out a clear path for financial speculators.

In the market, as more and more investors paid attention to Argentina's national debt, the price of Argentina's national debt also began to rise slightly. Soon, attorneys for Arata Furuta and Zinger applied to the judicial system in the United States to freeze the Argentine government.

of assets in the United States.

Different from Japan's civil law system, the British and American judicial systems pay more attention to precedents. When the indictment was submitted to the court, the previous Ghana case became a pointing case. Although most of the media were still optimistic that the Argentine government would win the lawsuit.

But on Wall Street, many people began to secretly contact Singer and Arata Furuta, wanting to join their alliance of interests.

A week later, Arata and Morizon appeared in the United States again. After the two checked into the hotel, many people who wanted to visit them soon came downstairs.

"Mr. Gutian! We want to acquire all the Argentine government bonds you hold. As for the price, we can calculate it at a price of 15% of the face value. You see..."

"Haha, it seems that you know the offer of the Argentine government. I'm really sorry, but I insist on getting the full payment this time. Therefore, I will never sell the Argentine government bonds in the middle!"

After Xintai finished speaking, she stood up and extended her hand, intending to send the other person away. However, before the other person could leave, the next visitor immediately raised the price.

Now everyone has the same idea. Since the Ghanaian government can seize Argentina's warships, then the U.S. government may also seize the Argentine government's assets in the United States. For example, the gold in the underground vault of the Federal Reserve. You know, these are all

It's a high-quality asset! And once the court makes a ruling in favor of Arata Furuta and those acting in concert, this little-known Japanese businessman can gain billions of dollars in wealth overnight.

Can you imagine that a person with no financial background can make huge wealth that even Wall Street can't imagine? Although this person does not understand finance, he is from an orthodox law school. He just grabbed a small share of Argentina's national debt.

If you exploit the protocol loopholes, you will have the opportunity to obtain an astonishing wealth. I have to say that the financial market is really a magical place!

The door to wealth was kicked open by the layman Arata Furuta. But now, these latecomers are discovering that cheap Argentine government bonds are becoming increasingly scarce in the market. To participate in this game, the prerequisite is that you

You must hold Argentine government bonds.

In order to continue to consolidate the alliance of interests, Zinger and Arata Furuta signed an agreement. Unless the Argentine government paid the full face value of these national debts, neither of them could sell these debts. After the alliance was established, one after another

Some more entrants joined in.

As there are more and more allies, Arata Furuta has more and more room for maneuver. For this small profit of 9 billion US dollars, he lobbied Congress and even asked Congress to hold hearings to discuss whether to punish Argentina for defaulting on its debts.

Financial sanctions have finally become an operational matter.

In fact, the 9 billion U.S. dollars of Argentine government bonds with a face value remaining on the market would be worth far more than 10 billion U.S. dollars if they were to be paid in full. Because there are still five years of interest. Unfortunately, the Argentine government’s

Due to rogue behavior, too many creditors gave up their rights and interests just to get a small donation from the Argentine government. But now, Arata Furuta has turned the entire situation upside down.

A month later, the long-awaited court hearing finally opened. For the sake of face, the Argentine government did not send anyone to the court. Only one lawyer filed a complaint on behalf of the Argentine government. The result was predictable. In the national debt agreement and the ownership of creditor's rights were clear.

Under the premise, the operating space left for Argentina is too limited.
Chapter completed!