America’s Road To Wealth - Vol 2 Chapter 459
Chapter 459 Herbert Shrub Smith
Tokyo,
Chiyoda District, No. 7-1, 1-chome, Nagata-cho.
In the chamber of the Neon Capitol.
Hayami Yu lowered his eyes and lowered his head, letting the members of Congress spray wildly.
He didn’t say a word during the period, until everyone was tired of cursing, he slowly raised his head and said slowly:
“Have you finished scolding?? Are you in a better mood?”
Everyone looked at Hayamiyu’s look like a dead pig not afraid of boiling water, and suddenly became angry again
“You idiot!”
“You stupid pig!”
“Your brain is no different from a pig’s brain!”
“…”
After everyone pointed at Yu Hayami and cursed for a while, they finally stopped completely.
Hayami Yu said slowly again: “Masters, have you finished cursing this time?”
Everyone was speechless for this guy with a face as tough as a wall.
Mino Watanuki and the others all stared at Yu Hayami with unfriendly faces, and wanted to see how he would explain next.
Yu Hayami watched the crowd and finally stopped speaking.
He opened his mouth immediately and said:
“Gentlemen, our situation is very serious this time. Now we hold a total of 5.6 million USD/JPY long positions in our account!”
“Hiss—”
Hearing the long position of 5.6 million lots, everyone in the Neon Congress took a cold breath, their backs were chilly, and they began to sweat.
Everyone was fidgeting, their hearts surged like huge waves, and they looked at Yu Hayami in panic.
At this time, everyone wanted to scold but couldn’t, and they all sighed deeply
“Keep talking!”
“We need to know how bad the situation is now!”
“Yu Hayami, finish it all at once!”
Looking at the group of bigwigs who originally supported him, Yu Hayami knew that he was finished at the Neon Bank.
In the future, there is a high probability that it will disappear on the main altar of Neon.
so…
I’m just trying to find a way out for me.
There is a saying in Huaxia that “people don’t kill heaven and earth for themselves”!
If they were dedicated to the country, it would not have led to this situation.
It’s not all my fault, it’s everyone’s fault!
Trying to comfort herself in her heart, Hayami said calmly:
“Gentlemen, now our 5.6 million USD/JPY long positions are all locked above the 126.000 position. Now USD/JPY may collapse at any time, and our available investment funds are only 23 billion US dollars. ”
“If the USD/JPY falls below the 122.000 level, it may directly fall by more than two hundred points and fall below the 120 line.”
“If we fall another 200 points, we will liquidate our positions. Then we will be forced to close our positions by the world’s major banks. At that time, the 5.6 million USD/JPY long positions will be sold out one after another. USD/JPY It will continue to plummet by hundreds of points.”
“We will lose more by then, and we will lose all the money we invested.”
“The resulting surge in the yen exchange rate may even have a negative impact on our sluggish exports and foreign trade.”
USD/JPY goes long, which is actually bad for the yen, that is, the depreciation of the yen.
Because of this, it becomes more and more possible to convert one dollar into Japanese yen.
Conversely, the dollar/yen goes short, which is bullish for the yen, and the yen appreciates.
One dollar can be exchanged for fewer yen, which is worth more to the yen.
As mentioned earlier, the most important thing about a country’s currency is not its high currency value or high exchange rate, but its relative stability.
Currencies with unstable exchange rates can easily attract the coveted international hot money, and are prone to violent fluctuations, and even affect the national economy and people’s livelihood.
Neon is an export-oriented economy, and the yen has appreciated too much, which has a very serious impact on its main economic line.
It will seriously weaken the international competitiveness of neon products.
Although there are some advantages, for example, the appreciation of the yen will reduce the cost of neon imports.
The problem is that neon itself lacks resources, and it is a pure foreign trade-oriented economy that cannot be purer.
No matter how cheap imports are, if you don’t have any output to exchange for foreign exchange, you can use your head to buy materials from outside.
The appreciation of the yen is too much. If it affects foreign trade, it will really affect the economic trend of the entire country.
What Yu Hayami said is exactly what the congressmen are worried about.
This is the case today, once USD/JPY breaks below the 122.000 level.
It is bound to trigger a huge sell-off, and more short sellers outside the market will enter the market to sell down.
The consequences are really unimaginable!
“Yu Hayami, did you call all of us today to tell us how bad the situation is?”
Watanuki looked at Yu Hayami gloomily and said.
5.6 million USD/JPY long positions, now there are 23 billion USD left in available funds.
It seems that there are a lot of available funds, but the market situation is very bad. In fact, it cannot withstand another round of .. plummeting.
Another round will definitely blow up the position.
Then this matter must be exposed, and the people present, apart from their respective rat warehouses, may even have a profound impact on their future official careers.
“Hayami Yu, what are you going to do now? Tell me what you think first!”
Mino Watanuki could only stare at Yu Hayami at this moment and asked.
Today they summoned Yu Hayami, the situation is naturally very serious.
I scolded and scolded just now, but the matter has developed to such a point that it is irreparable, and I can only go all the way to the dark.
Minfu Watanuki’s words immediately made everyone look at Yu Hayami, wanting to know how to solve this crisis from Yu Hayami.
Hayami Yu looked at the tense and urgent look of everyone, he slowly said:
“My lords, this is the end of the matter, we have to find a way to get out of the current predicament first!”
“We have no way out! Because there is an abyss behind us, we can’t take a step back. Only by rushing through the swamp in front of us can we have a chance!”
“Tell me, Yu Hayami, what are you going to do?”
The representative of the constitutional democrats immediately asked
“Kamei, don’t worry, listen to me first!” Yu Hayami said to Kamei, a member of the Constitutional Democrats
“Although we are at a high level and have long positions of 5.6 million lots of USD/JPY, we have consumed at least 5.6 million short positions in the market. This also greatly proves the strength of short positions in the market and also We have consumed a lot.”
“Although our current situation is very bad, the situation of those short sellers may also be very bad, perhaps even worse than ours.”
“Now it’s time to see who can persist until the end! I believe we will be able to win the final victory!!”
In the council hall, Yu Hayami said impassionedly.
But he felt something else in his heart, and no one could understand it better than him.
What a mess they are in now.
It’s like holding a branch on a cliff, which may break at any time.
Hayami didn’t want to do it at all if it was possible.
But now, thinking of the smiles of my wife, my children, my grandchildren.
Hayami Yu crossed his mind, and he once again firmly believed that it was not entirely his fault.
Without the support of this group of people.
If only this group of people were not so selfish and thought about the interests of the country a little bit.
Then he Hayamiyu, there is no way to make things like this.
“Hayami-san, tell me, what are you going to do this time?”
Minfu Mianguan spoke again, and the boss’s face softened slightly.
Even calling Hayami Yuu has changed from calling her name directly, adding “San”.
“Yu Hayami, tell me!”
“Yu Hayami, what are you going to do this time?”
“Let’s fight!”
“Fighting, at least one more activity!”
“Yes, maybe we can blow up those shorts and turn defeat into victory!”
The latter is important.
Only by pulling out the shorts and turning the defeat into a victory, they, the mouse warehouse members who are long, can make up for their losses and even make a lot of money.
As for the failure, Neon Bank may lose hundreds of billions of funds.
The national economy will be affected.
Few of the congressmen present could think of it.
As for the unexpectedness, they are still unwilling to think about it, or they pretended not to think about it.
Then only they themselves know.
Since the bubble was punctured by the American owner 10 years ago, and the energy was taken away.
Neon In this country as a whole, the vast majority of Neon are actually similar to these congressmen in front of us.
They are all covering their eyes, they are all deceiving themselves.
Yu Hayami looked at everyone’s reaction.
He breathed a sigh of relief, and immediately said seriously:
“Everyone, this time we can buy another 2.5 million long orders!”
“The short sellers in the market have been almost exhausted by us. They are crazily counterattacking us and are dying. Although the USD/JPY is near 123.000, we can sweep the goods at a lower position and buy Get in USD/JPY and pull it up! Let the shorts blow their positions! Don’t look at them now that they have a big advantage, they are just paper tigers!”
After finishing speaking, Yu Hayami’s face became calm, with a confident look, but only he knew the pain in his heart
Hearing what Hayami Yu said, everyone looked at each other in blank dismay.
Morgan+Rockefeller+Smith.
Paper tiger?
Few congressmen think so.
But the problem now is that if you don’t continue to invest money, you can’t pull the dollar/yen up.
Then the money in their pockets will be ruined.
Using the country’s money to try to pull up the USD/JPY may fail and may result in more losses.
But… what does that have to do with them?
Neon Bank lost hundreds of billions of dollars, but it’s not that it can’t afford it!
For members of Congress, the situation is actually very simple.
Two choices.
One is to stop losses in time. If Neon Bank loses tens of billions of dollars, they must lose millions to tens of millions of dollars.
One is that Neon Bank may lose more.
But their own money, in the process of rising USD/JPY, is expected to arbitrage and leave early, or leave the market with as little meat as possible.
This multiple-choice question is not difficult to choose.
“Hayami-san, this method may really work!”
“Hayami-san, let’s try it! The country is your strong backing.”
“I don’t believe those rice animals can succeed. Come on, Hayamizu-san!”
“…”
Just now one by one called “Hayamiyuu” angrily, but now they have a chance to redeem, and become Hayamisan again.
Hearing that everyone had spoken, they agreed to their plan.
Yu Hayami was overjoyed and dejected at the same time.
He thought to himself:
“These idiots are all maggots of the country! But it happens to be possible to use them, and maybe the Jedi can fight back. Even if it doesn’t work, then I have completed the task. I am sorry for myself.”
Convinced everyone in the Congress, and then let the Congress convince the Prime Minister.
Yu Hayami re-stabilized the position.
The special economic action teams under him have the balance of the original 23 billion U.S. dollars in funds.
also got an increase, an additional $27 billion, for a total of $50 billion.
Including the previously invested principal and margin, Neon Bank’s total investment in this USD/JPY market exceeded 100 billion USD for the first time.
This news was quickly learned by people in New York State.
In Kikwit Manor, after David and John Chris received this news.
“boom-”
The head of the Morgan family excitedly hammered on the glass table in front of him.
It hurts, but John Cleese is excited.
“Hey—I didn’t expect to be thought of by that guy again.”
David whispered.
John Chris said indifferently: “The triangle is more stable. And this is the money of the Neon people, which is enough for us to share.”
David nodded slightly, and he looked at John Chris, “I don’t know what that guy’s expression is now. He escaped, and he was able to share a lot of profits. Chris, I have to say that we have no way to stop him.”
“I don’t know.” John Chris was not interested in knowing either.
He just wants to reach into the Neon Man’s wallet now, and put those dollar bills that belong to the Neon Man into his pocket.
As for Abe Smith?
who cares.
John Chris feels that, at most, it is just one more chair and one more powerful voice in the Fed’s Federal Advisory Committee.
No matter what, it is not a matter of life and death for Morgan and Rockefeller.
Unless Abel can gather all the other consortiums together and become a more terrifying existence than Morgan and Rockefeller.
Otherwise, there is just one more of the same kind.
Although this will squeeze some of Morgan’s right to speak.
But in the case that there is no way to easily suppress it, and it may be possible to do so at a great price.
Compromise is one of the choices capitalists are willing to make.
After all, Abel is in charge, and he won’t hang them up as street lamps…
Abel himself is also the existence of hanging street lamps, so John Chris feels that there is no need to worry at all.
Look at John Chris indifferently.
“Why-”
David had to sigh again.
The old guy was thinking about what that kid was doing at this moment.
…
The “kid” David was thinking about.
At this time, he was already at Changi Airport in Singapore, boarded his “Smith” private jet, and set off for India.
In the cabin of a luxurious Boeing 747 wide-body airliner that looks like a palace in the sky.
Besides is sleeping little Laura.
Abel himself was using a satellite phone to communicate with his subordinates.
“36.5 billion U.S. dollars? Continue to hold positions. The time to close positions has not yet come, and we can maximize profits…”
“Smith Media’s IPO should not stop, but JP Morgan Chase Bank should also be one of the IPO institutions…”
“George Prescott Bush went to Pacific Energy? Did Herbert mean it? Well, I don’t know what the old man wants to do. Keep an eye on him and let someone take care of him so that his life is not in danger. But eat A bit of suffering is always inevitable, and I’m sure the shrubs are happy to see…”
“I may not go back until June. According to the process, Michael will take over as the rotating CEO of Smith Media…”
“…”
After several phone calls, half an hour has passed.
The plane also crossed the strait and flew into the Indian Ocean.
Holding a somewhat heavy satellite phone, he turned it around in his hand.
Abel thought about it and dialed again.
“it’s me.”
Herbert in Texas received a call from Abel.
He took the satellite phone, walked out of his bedroom, stood on the bedroom balcony, and looked at the beautiful Colorado River in the distance.
The old man smiled and replied: “Well, I heard that you left Singapore. Are you still in the sky now?”
“Yes.” Abel said softly, “Herbert, thank you this time.”
“Ha ha-”
“This is the first time I’ve heard you say thank you to me. But I want to say that there is no need to say thank you between us. Because we are a family.”
“The belief of the bush is family unity. Abel, you are the husband of little Laura. You are also a member of the big family of the bush. Helping you is helping us, so there is no need for you to say such words.”
Listening to Herbert’s gentle words, Abel fell silent.
Abel knew that Morgan and Rockefeller could agree to cooperate with him so quickly this time.
In addition to the huge benefits visible to the naked eye.
In fact, the bush family, or Herbert, contributed a lot.
Regardless of the shrub family, it is now one of the representatives of the Texas giants.
When you talk about shrubs, you think they are representatives of the military-industrial complex.
But actually, in the past, in the generation of Herbert’s grandfather.
The shrub family can only be regarded as one of Rockefeller’s vassal families.
Herbert’s grandfather, Samuel Bush, was once the general manager of Rockefeller Oil.
is a generation of steel and oil tycoons of the Gilded Age.
Samuel’s son Prescott, Herbert’s father, although he is the father-in-law Otsuki stepped down.
But at that time they were still one of Rockefeller’s vassals.
Prescott can become a senator, and Rockefeller is also one of the many supporters.
To Herbert’s generation.
Herbert came to Texas to buy real estate to find oil and start an oil company, and the journey went so smoothly.
In addition to Herbert’s own outstanding ability, there is also the shadow of Rockefeller in it.
Even now.
In the oil company of the Bush family, Rockefeller also holds a part of the shares…
It can be said that shrubs have always had a close relationship with Rockefeller.
This is also one of the reasons why Herbert and George were able to take the position.
Precisely because of the relationship between shrubs and Rockefeller.
This time Herbert came forward, as an intermediary, to help Abel contact Rockefeller.
There is a relationship with Herbert’s bush family.
Rockefeller and Morgan agreed so readily.
With acquaintances and middlemen, things are always different.
Abel’s thank you to Herbert refers to this reason.
After listening to Herbert’s words in silence.
Abel suddenly said softly: “Herbert, I want to discuss something with you.”
“Um?”
“I want to ask for your opinion.”
“whats the matter?”
Abel said softly:
“My 1st son with Laura Jr. I want to be named Herbert Bush Smith. My 1st daughter with Laura Jr. I want to be named Barbara Pierce Smith.”
This time it was Herbert’s turn to be silent for a while.
After a few seconds, the old man said with a smile on the satellite phone:
“Oh, I’d be so glad you could do that. I’m sure Barbara would be too.”
Both Herbert and Abel knew that the Barbara he was talking about did not refer to George’s daughter Barbara Bush.
Instead his wife, Barbara Pierce Bush.
“That’s all. Good-bye, Herbert.”
“Goodbye, Abel.”
Hung up the satellite phone, Abel turned sideways, and saw the “sleeping” little Laura with her eyes open, looking at him tenderly.
“You don’t object to my self-assertion?”
Abel smiled and stretched out his hand, stroking her beautiful face gently.
“Oh, I’d be so glad you could do that.”
Little Laura imitated her grandfather’s tone and said with a light smile:
“I’m sure little Barbara will be happy too.”
(end of this chapter)