Chapter 156 Treasury Debt Storm (Part 1)

In the United States, representatives of Chinese students from Yale University delivered a long speech "Chineseism", which systematically expounded the humanistic concept of Chinese Confucianism that the people are the priority, the king is the least, and the country is the second. It also clearly pointed out that the essence of this war was the war between Eastern civilization and the barbaric war between Tsarist Russia, the war against slavery and expansionary slavery, the war between pacifism and expansionist, the war between the guardian of justice and the injustice invaders.

Regarding the future war entering Russia, the speaker proposed, "The Imperial Army will be committed to liberating the oppressed and enslaved nations in Russia. This is a great omen of liberating slaves, the westward movement in the East and the liberation of black slaves, and His Majesty the Emperor is Lincoln of China."

The American newspaper industry, which likes sensationalism, naturally will not miss this opportunity. Whether it is the Jewish-controlled newspaper or the pro-Jewish newspaper, whether it is the Chinese or other Asian mouthpieces, they all portray this war as "the war of abolition in the East."

Wall Street and the entire American financial community were ignited by China's victory.

After the Chinese government bond war, both Japanese government bonds and Russian government bonds suffered heavy blows. However, due to the high yield rate and the strength of the Japanese-Russian joint fleet, few people dare to continue shorting. As long as Japan is worry-free, what is it? As for Russia, with the cold winter of Siberia and the wastelands of thousands of miles, the Chinese cannot shake the foundation of this country.

As long as the bond is not destroyed by the country, it will eventually have to pay the principal and interest.

All investment companies secretly controlled by China have borrowed a large number of Japanese government bonds from holders of Japanese government bonds at high interest rates and sold them at a "very low" position, causing Japanese government bonds to continue to fall. But in the end, there are still people who dare to take the lead. Seeing that the yield of Japanese government bonds exceeded ten points, someone finally entered the market, and seemed to want to imitate the story of Chinese government bonds.

However, the subsequent series of bad news made Japan's national debt robbed.

First, the Chinese Army launched an attack in Liaodong, and the Japanese army was defeated.

Then there was the Battle of the Yellow Sea, and the Japanese-Russian joint fleet was wiped out.

As the news came, the national debts of Japan and Russia fell again.

Soon, news came that the Chinese Marines landed in North Korea, the North Korean uprising, and then the Dandong landed. The main force of the Japanese army was besieged and was immediately in danger.

At this time, everyone knew that Japan was beyond salvation.

The navy is destroyed and the army's main force is about to be destroyed. This country is about to be the Chinese on the plate.

Japanese government bonds have fallen terriblely at this time, and they have not even taken over the market.

Immediately afterwards, news of Japan's surrender came, which was not surprising.

But what is even more terrifying is that Japan immediately broke out in large-scale mutinies and rebellions, and the rebels defeated the government forces.

By this time, Japan's national debt had become waste paper. Fifty, forty, and thirty

Starting from the 30th, Chinese funds that shorted Japanese government bonds, as well as funds from several American consortiums that were managed uniformly, as well as funds from Chinese chaebols in the United States, have all closed their short positions. Many Chinese villagers have also raised money to short Japanese and Russian government bonds for various reasons. A large part of this is due to national feelings, but making so much money is obviously an unexpected surprise.

After slitting off short Japanese government bonds and making a lot of Chinese capital, they did not rest, and began to buy some stocks in large quantities, including United Steel, Morgan's White Star Shipping, American Railways, Morgan Bank, Illinois First National, etc.

Soon, "internal information" began to spread from Wall Street: China and the US government had signed a secret agreement on the development of the newly occupied areas before, with development priority, and the stocks bought by Chinese and Jewish people are all companies that will benefit greatly from the Far East gold rush.

For a moment, the "China concept" became the most fashionable term on Wall Street. There were talks about "China", "magical gold hand", "new gold rush", and American wealth adventurers who dreamed of getting rich. The stocks of these companies also rushed up like rockets.

After the settlement at a high level, the preliminary settlement was made. From the beginning of the treasury bond battle to the present, the royal funds of the Chinese Empire have made a total profit of US$260 million, and other Chinese and state secret funds have made a profit of US$150 million. As for Chinese families, it is impossible to count.

The Germans also made a lot of money. The president of Deutsche Bank in the United States came to his house in person and proposed to "establish long-term strategic cooperative relationships" and to "communicate well with Chinese friends."

Even standing with the Chinese, several major American families, as the main investors of several major investment companies, have made a lot of money. Several American tycoon families drove yachts to entertain Chinese investors. Old Jack Pyrmont Morgan publicly introduced the two heads of Magic Stone at his famous "Morgan Financial Trust" party, making them become important figures in the core circle of Wall Street.

In the American industry, the Vanderbilt family, Andrew Carnegie family, DuPont family, McCormick family, Wood family, Michelle family and other famous families have invited Chinese investors to attend parties and recommend their investment results. For a time, several Chinese investment companies have become famous in the American rich circle, and many American rich people have generously donated money. Several Chinese investment companies have also established multiple funds in one go. In addition to the annual management fee of 3% of the year, the profit withdrawal ratio is unceremoniously set to 50

But even so, seeing these American bigwigs invest heavily, American rich people are still rushing to

The response from the folk class was even more enthusiastic.

During that big melee, the Chinese had bought Chinese government bonds, or the Chinese had sold Japanese and Russian government bonds, and the American investors who later bought Chinese concept stocks in time, had a close interest in China.

A magical country A country that brings good luck to Americans

Of course, not everyone is blinded by the wonderful prospects.

When news of the decisive victory of the Chinese fleet in the Battle of the Yellow Sea came, some keen American political elites and political critics suddenly discovered that in the Western Pacific, the balance of the Three Kingdoms fleet, which originally constituted the security barrier of the United States, was completely destroyed and became the dominant position in China.

The warships of more than 200,000 tons were eliminated and nine main warships were captured. Their own losses were minor. The Chinese Empire Navy had suddenly become the well-deserved second in the world. Even the Great White Fleet, which the Americans were proud of, became a ridiculous decoration in front of the powerful mobile fleet of the Chinese army and in front of those brand-new warships that showed their powerful power.

This terrible fact made the American political circle, which originally supported China to suppress the Japan-Russia alliance and maintained the balance of power in the Western Pacific, lose its voice for a while, and does not know what to do next.

The firm-willed President Theodore Roosevelt immediately convened a joint meeting of White House staff and cabinet to discuss the situation in the Western Pacific.

The principle was actually reached quickly: try to maintain balance.

But what are the means? What about the bargaining chips? Diplomatic guidance? Trade blockade? Financial blackmail? Military threat? What cards can the United States play? Will the Chinese take this set?

These American elites suddenly realized that with Japan's fall and Russia's retreat, the United States actually had not many bargaining chips to play with China, and its overly tough attitude was actually not realistic. The US economy's dependence on the Chinese market is not less than the Chinese economy's dependence on the United States.

The Chinese can give the United States face or not, and the Chinese emperor, and the increasingly confident diplomats under his command, are obviously already very talented with international political vision and skills.

Can the United States really turn against China?

Seeing the US financial industry's hands of more than one billion US dollars in Chinese government bonds, railway bonds, loans, and huge investments in China, elite figures in the US political and economic circles have to make careful decisions.

Just when the flowers were blooming and the fire was cooking, Zheng Yu personally ordered that a large amount of royal and state funds be secretly dispatched to more than a dozen newly established investment companies. The outside looked all kinds of, including those with retired French colonels, those with hereditary counts in the UK, those with old Italian families and Jewish families, but behind them were the Chinese emperor and the powerful departments in his hands.

These newly established companies used some Chinese and Jewish investment banks to buy Japanese government bonds at low prices. Seeing that the Japanese rebels had entered Tokyo, especially defeating the government forces, Japan had already shown a breakdown, and China had once again made a tough stance, and Japan's government bonds had fallen terrible. Even those who lacked the most financial knowledge knew that at this time, Japan, which had no resources or enough hard currency, would have the last bit of its assets to be plundered by the Chinese, and the huge debts they owe would not be taken care of at all.

Since there are "fools" who want to take a gamble and get lucky, they will naturally throw the goods to them without any hesitation.

In this way, Japanese government bonds worth one hundred dollars per coupon were swept into the pockets of some mysterious buyers at low prices of 20 to 30 in the New York, London and Paris markets. Finally, more than 300 million of the 100 million US dollars bonds issued by the Japanese government overseas were taken by these Chinese capitals.

Seeing that the goods were almost gone, Zheng Yu invited a group of Chinese chaebols and the American Dahua consortium to enter the market. After receiving some vague instructions, these people were still a little skeptical at first, but later they learned that it was from "the top", and soon figured out the links and began to sweep the goods one after another. Japanese government bonds began to rise slowly and strangely.

New York.

Along the Hudson River, the most famous family in New York State live. Among them, the most massive and luxurious one is undoubtedly the former richest family in the United States, the Vanderbilt family built along the river near Hyde Park.

At this moment, the manor was filled with red men and green women. Many prominent figures from the American industry and finance came to exchange business practices and various anecdotes from the upper class.

Around the Skylight Mirror Hall deep in the manor, the private guards of several major families are under high alert, and representatives of some forces who truly control the economic lifeline of the United States of America are discussing certain crucial matters here.

"Hey, I said Donald, you've been doing too smoothly recently and are you confused?" Joe Smith, head of the investment department of the National Combined Harvester Company and the business representative of the Chicago consortium headed by the McCormick family, knocked the cigar in his hand and looked at Xue Dongcheng with some confusion, "Buy Japanese government bonds? What do you and your client think?"

"Yes, I've asked them to do it." Xue Dongcheng nodded, drank a cup of tea slowly, but just smiled without saying a word.

The representatives of the American chaebol who had been impressed by this person's recent magical performance all looked at him with their necks stretched out.

"Donald, don't keep it in a silence." Fat Johnson Philcock couldn't help but say, "Not to mention Japanese government bonds, even if it's waste paper, as long as you can make sense, we will agree that you buy the money from the fund. This is not a problem. The key is the reason is the logic of investment."

"To be honest, Donald, the boss and I don't trust you, but this Japanese government debt..." DuPont's representative Shaunard shrugged, "I did try very hard to convince myself, but I thought about it. Since you are not crazy, there is probably only one possibility: your client, or the government he influences, is ready to repay the debt for Japan."

"But I don't think this is possible." Shaunard spread his hands, "I don't believe that your client will cause losses to his country for a little money...unless..."

The smart Milwaukee fur descendant smiled at Xue Dongcheng in a weird way.

"What if the country belongs to that person?" Ernst Vanderbilt spoke, many people were shocked, "Just just left and right...you have forgotten how much money their royal family has donated to the country over the years."

The retired Navy lieutenant colonel smiled slightly and looked at Xue Dongcheng: "How is it, Donald? If I guess correctly, the mysterious client behind you is that Emperor, right? No, is it?”

Xue Dongcheng had a calm expression, but he really admired these alert American businessmen in his heart. He had guessed so many things from his actions, but of course he would not admit it, but just shook his head: "My client is indeed some of the influential figures in China. But your Majesty... My funds here may not be ruled out that they have anything to do with the royal family. I don't know these things and don't want to figure them out. But to be honest, I think this thing can't get into His Majesty's eyes."

When everyone heard this, they looked at each other suspiciously, but had to admit that what the other party said was reasonable.

"Put these aside," Ernst Vanderbilt said, "Donald, what do you think? We made a profit by selling Japanese government bonds a while ago. Long Chinese concept stocks, and the returns are also considerable. But now you want to go long for Japanese government bonds, aren't you afraid that Japan will become a mess? China's own debt is also very heavy. Would you be willing to help the Japanese bear this burden?"

Xue Dongcheng looked around and smiled slightly: "Actually, this principle is not complicated."

"For China, the most important thing is to maintain financing reputation at the moment." Xue Dongcheng put down the teacup and said slowly, "In the past few years, China's development, in addition to its own efforts, has relied on the credit of his Majesty the Emperor and his government. In this war, China's victory lies first in their good credit history and financing capabilities."

"The current situation is very obvious. Japan is destined to be China's possession." Xue Dongcheng smiled. "Even if the new Japanese government wants to rely on the debt, or in other words, it is not only Japan, but China will eventually affect it, unless China leaves Japan and completely ignores it. It is inevitable that China will control Japan and solve the problem of Japanese debt repayment, especially foreign debt repayment."

"In my opinion, compared with Japan's foreign debt, China's credit is more important to this country." Xue Dongcheng said, "I am sure that they will take over Japan's debt and at least repay the principal."

Everyone looked at each other and fell into deep thought.

New York, Morgan Bank.

Old Jack Pyrmont Morgan's face became much rosy and he took a sip of Chinese Pu'er tea comfortably: "Are you sure?"

Zhou Tongxu nodded without hesitation: "It is certain that the Chinese cannot let Japan die for a few billion in debt. I understand the creed of that royal family. Their goals are by no means measured by wealth."

Zhou Tongxu gently tweaked the huge globe and pointed at the series of islands in northeastern Asia.

"Japan is the key to China's advance into the North Pacific and also a bridgehead for European and American maritime forces to blockade and attack China." Zhou Tongxu said, "To thoroughly grasp Japan, eliminate the danger of China's maritime blockade, and turn the Western Pacific into China's inner lake and hinterland, which is crucial to China's future security situation."

"Whether the late emperor Zheng Ying, the coach Xu Fan, and even their students, His Majesty the Emperor, and his important officials, choose between the possible repayment difficulties of more than one billion yen in debt and the loss of Japan. I can be sure that they will choose the former. If you master Japan, you will grasp the future of China. This is definitely not comparable to more than one billion yen."

"What makes sense." Old Morgan nodded, "The emperor is indeed not something that can be measured by simple businessman thinking. What is more interesting than mastering a country? This is indeed a very interesting bet. Old Morgan likes to bet with rational judgment. You can seize the 20 million US dollars. If you lose, you can buy a lesson."

The little Jack Morgan next to him looked at his always stubborn father in surprise, and then looked at Zhou Tongxu on the opposite side suspiciously, thinking that these two people... are really a match.

Chapter 156 Treasury Debt Storm (Part 1)

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