After listening to Lao Zheng, Chen Yu also had a general idea of Manguo's situation in his heart.
He looked at Old Zheng and asked curiously:
"Could it be that you can't find support? Could it be that you mix so badly that you can't even find an ally?"
"Brother Chen, you don't know. In fact, regardless of whether it is a large country or a small country, this kind of transfer of hundreds of millions of Chinese currency (for everyone's understanding, the currency will be unified in Chinese currency in the future) is not just given. What's more, this time it came very suddenly. And the two billion Chinese yuan has already been collected after we found allies."
"That's it..."
Chen Yu nodded, and then said: "Starting tomorrow, I will accept the sell-off of Manbi and Treasury currency in the market. If I can't stand it, you can use your reserve funds."
"Brother Chen, you..."
Old Zheng suddenly looked moved. At this time, Chen Yu was willing to make a move, which was beyond his expectation.
Even countries or forces that are willing to help them in Manchester are unwilling to take over the selling of BTC at this time, because the risk is too great!
Once you can't hold it, not to mention the exaggeration that the received Mancoin becomes blank, but the depreciation is a very probable thing.
To put it bluntly, now that it is taken over, it is basically a loss-making business.
But at this time, Chen Yu was willing to take over. How could this not touch Zheng Jun?
Although Chen Yu may not be able to take over much, this time, it is already a help in the snow. From the action, it is worth remembering and grateful for Zheng Jun.
"Brother Chen, thank you so much! I don't know how much money you have? Do you want to convert it into our Man coins..."
"I have an international investment company. You don't need to worry about conversion or foreign exchange transactions. As for funds..."
Chen Yu said this, and then quickly calculated: He now has more than 210 million Chinese yuan in the system, and since he is determined to help Zheng Jun, he naturally has to go all out.
He decided to turn on lucky charms throughout the acquisition, which would definitely trigger a rebate for every consumption, and it was a one-to-one rebate.
At the end of the day, even if he only rebates once, he still has RMB 420 million in funds.
What's more, Chen Yu can rebate and buy at the same time. The more the other party sells, the faster his assets will grow. This is so much faster than printing money!
It is no exaggeration to say: His funds are unlimited!
To be honest, what Chen Yu was worried about was not that he had insufficient funds, but that he was worried about the consequences after the funds were known to the world.
It is true that it is great to be the richest man in the world, but if the funds reach billions or even tens of billions, it will be shocking, and it will not only arouse everyone's admiration and surprise.
Perhaps it will face the beating and control of many countries, including China.
No country is willing to have a person out of control, including assets...
This is where Chen Yu hesitated and struggled. I don’t know where this degree is...
Zheng Jun saw that Chen Yu said half of his words and stopped talking, and couldn't help but comforted:
"Brother Chen, don't be embarrassed. There is more money and less money. At least it is a kind of heart. It is still worthy of our entire Manchester's gratitude..."
Chen Yu smiled. Since Zheng Jun misunderstood, he stopped explaining.
Anyway, he will know soon, and he may not believe it if he speaks it out now!
"Old Zheng, don't worry, I will try my best to help you through the difficulties this time."
Hearing what Chen Yu said, although Zheng Jun was very moved, he didn't believe that Chen Yu could help them through the difficulties.
"Thank you Brother Chen, if you can really help us through the difficulties, half of Manchuria will be yours in the future. Let's eat first, and there may be a currency sale in the evening. After dinner, you are ready to prepare..."
Zheng Jun's remarks are actually half-joking and half-serious. Who really has the strength to help Manchester tide over this difficult situation is that he has the economic power of Manchester, isn't it that he owns half of Manchester?
"I will give your son the last injection, and then he will be able to recover slowly."
After Chen Yu finished speaking, he took Lao Zheng's son for treatment...
The encounter faced by Manchester has long attracted the attention of many countries.
Many countries have also paid attention to the situation in Manchester and carried out news reports.
However, few ordinary people care about such financial news, so in many countries, only a small number of people pay attention to it.
A financial channel of Huaguo also invited a financial expert that evening to study and analyze the current situation in Manchester.
The ratings are not high, and this TV station is not surprising. The host is just a newcomer and beauty anchor, and some viewers even suspect that she is just a vase to increase the ratings.
At this time, the beautiful host named Weiwei is asking financial expert Xu Guangpu:
"Professor Xu, forex trading is about to begin in ten minutes. Can you predict how much Manchester's currency will be sold this time? How much will it fall in the end?"
Xu Guangpu pushed his glasses, then cleared his throat and said:
"According to today’s market conditions in Manchester, the foreign exchange selling situation at night is not optimistic. There will be a large number of countries worrying about the depreciation of the MAN and selling. Now Manchester has used 1 billion Chinese yuan in reserve funds, and foreign exchange funds can use up to three Billion Chinese yuan.
This time the short-selling forces are very fierce and sudden, and no country can guarantee to keep the crisis in Manchester. It can be said that tonight Manchester will either withstand this wave of offensive and look for strong reinforcements, or it will start a major economic collapse....."
Wei Wei asked curiously:
"Professor Xu, according to the results of the survey, Manchester has attracted many allied allies, including ours, China. They have supported 100 million Chinese yuan, and their reserve funds have reached 2 billion Chinese yuan. Why are they still not confident to resist this short selling? How can the general power consortium have such strength to short a country with 2 billion Chinese yuan reserves?"
Xu Guangpu nodded slightly, then looked at the camera and said:
"Presumably what you asked was also puzzled by many audience friends. Let's put it simply, the economy of Manchester itself is relatively depressed, and the external debt is more than the reserve fund.
Most of the two billion reserve funds this time are still borrowed. Even if they resist it, they will not be able to repay it in a short period of time, and the economy will go backwards.
Once the economy collapses, domestic stock prices and housing prices plummet, and banks and major financial companies will bear the brunt. A series of adverse reactions such as unemployment and corporate bankruptcy will occur....
Internal worries cannot be resolved in a short time, let alone they still have external debts? Even if they catch up with the entire Manchester, they will never want to pay off their debts within ten years, so how can they talk about development? "
Hearing what Professor Xu said, everyone understood the current situation of Manchester.
At present, one Chinese currency can be exchanged for about five Malaysian currencies. Once the economy of Manchester collapses, I am afraid that in the future, one Chinese currency can be exchanged for hundreds or even thousands of Malaysian currencies....
The interview continued It didn't take long for the foreign exchange trading time.
Xu Guangpu lifted his spirits, then looked at the Bitcoin trading interface on the screen, and started to introduce everyone:
"As you can see, the transaction has not yet started, and there has been a large backlog of sell orders. Even the prices of some sell orders have been directly lowered by 5%, just for the first time.
Um? Someone pushed it down to 7, which is already a very typical panic selling behavior. Everyone feels that once the Manchester economy collapses, the BTC may fall by far more than 10%..."
As Professor Xu continued to explain, the transaction officially began, and Professor Xu stared at the screen and began to explain:
"The transaction has started. You see, the price dropped by 7% and opened, and the selling pressure is a lot. The seller has already exceeded 10 million Chinese yuan... Huh? What's the matter? Some buyers actually bought it at one go. Under all the selling pressure?
This.... This is impossible! Still buying? The price stretched to a 1% rise in an instant, and it continues to increase...Oh my God! I bought 30 million Chinese yuan in one go..."