chapter 142
A collective backlash from the Awakeners triggered by the assassination of a high-ranking politician on the Awoken.
The fact that a high-ranking politician tried to assassinate an S-class Awakener, not an ordinary Awakener, means that they could also become a target at some point, so the backlash spread like wildfire, turning their backs on Awoken and guilds that were usually friendly to the government. went out
Although the Awakeners with power and money collectively protested, the government and high-ranking politicians, who should have calmed down and appeased them, had no time to pay attention to them because of corruption cases that were exploding in all directions.
Politicians who have already passed the stage of ending the situation by covering up the corruption, and have entered into a war to become the lesser evil by somehow making the political opponents worse off and claiming that they were on the better side.
Naturally, when politicians failed to properly deal with the resistance of the awakened people, the awakened people became even more angry, and China sank more and more into the mire amid the deterioration of the government’s administrative power, which had led the country’s operation.
“… bankruptcy?”
And those political risks soon began to have an adverse effect on the economy.
“Limu is a company with a market capitalization of 25 trillion, and it is one of the top five electric car companies in China.”
At Deokbae Kim’s words, I said with a puzzled expression.
“Isn’t electric cars a promising business?”
“That’s true, but Limu’s debt is said to be enormous.”
“That must be so. A growing company can’t help it.”
Seron was unusual, because increasing the size of a company with debt is the path that all companies go through.
“In the meantime, the company has grown in size with subsidies and subsidies from the Chinese government and bank loans. Recently, in the process of bursting various gates in succession, the corruption of high-ranking politicians in charge of supporting the electric vehicle industry was revealed, and the opposition faction was wondering if there was any corruption in the application process. I put the brakes on that I should definitely check it out.”
“ah.”
“Of course, subsidies and support funds were blocked, and government guaranteed loans were also blocked, so Limu, which had been running the company with debt, eventually went into bankruptcy.”
Since the future industry is still immature, it is inevitable that there will be a deficit.
Of course, it is common for many countries, not just China, to strategically nurture these companies by giving them many benefits so that they can grow in order to secure future competitiveness.
Right now, in Korea, most of the national infrastructure industries, such as steel and shipbuilding, were able to stand in the current position thanks to the government’s initiative and active support in the early days.
Limu was also actively pushing in China to preoccupy the future industry of electric cars, but the politician in charge of it was involved in corruption and support was stopped by the opposing faction, so Limu, which still had to eat and grow for a while, collapsed as it was.
Since China is conducting economic development thoroughly and deliberately by the Communist Party, the political aftermath has a greater impact on the economy.
“Is it a listed company by any chance?”
“That’s right.”
I can hear the voices of investors from here.
Of course, there must be a large number of non-Chinese foreigners and institutions among the investors.
‘Couldn’t this be an economic crisis?’
As China is already one of the central axes of world industry, it is closely linked with overseas countries.
Here, if a Chinese company collapses, foreign companies and foreign investors that have been trading with the Chinese company will collapse as a domino.
“… Are there other electric car companies besides Limo? Are those companies okay?”
“First of all, experts predict that the Chinese government will be surprised by the bankruptcy of Limu and will support it again, so I wonder if it will survive somehow.”
A prediction that came about because the anger of high-ranking politicians has risen 1.5 times with Specter and we don’t know how serious the conflict is.
“What if, really, what if the politicians scandal continues and the chaos escalates and the Chinese companies go bankrupt?”
“yes? uh… First of all, our taxon will be fine. We have nothing to do with China at all. But won’t many Korean companies that have been dependent on the Chinese market face a major crisis?”
After thinking about it for a while, I told Deokbae Kim.
“Ask the Planning Office to write up a report on what would happen if Chinese political risks further increase and the Chinese economy is shaken.”
* * *
The contents of the report produced under my direction in the Planning Office, which is staffed with highly educated economists, was astonishing.
“… A global economic crisis is coming?”
The planning office’s report states that if Chinese companies that have been leading the growth of the world economy go bankrupt, foreign institutions and investors that have invested in those companies will also be hit one after another, and the aftermath will spread to the world, leading to a global economic crisis.
Among them, I read reports related to Korea.
“In the aftermath of the bankruptcy of Chinese companies, Korean companies also went bankrupt. The Korean government invests public funds to revive companies, but in return, the national debt soars and the unemployment rate soars due to corporate performance deterioration. The United States will also inject public funds to revive its own companies, so the exchange rate will rise, and they will not be able to get out of this aftermath for at least several years… … .”
In fact, the report states that if China collapses, not only Korea, but all countries around the world will suffer enormous damage.
“This is why you can’t touch China carelessly.”
If China collapses, they will also suffer enormous damage.
“What about Seron?”
I then read a report on the Ceron Group in the midst of the global economic crisis.
“… The Seron group is also suffering tremendously.”
Kim Deok-bae said there would be no damage because he had nothing to do with China, but the planning office’s analysis was different.
A report that if the world economy is depressed due to the global economic crisis, light industry affiliates that make consumer goods will suffer greatly, and prices of raw materials such as food, seabed minerals, and oil will also plummet.
However, the last part of the report was a little different.
“Obviously, the Seron Group will also suffer great damage, but it has abundant liquidity and an extremely low debt ratio, so although it will suffer damage in the global economic crisis, it has enough stamina to endure. Therefore, it can be seen as an opportunity because you can make a big profit by buying assets such as blue-chip companies or real estate that have gone bankrupt due to the economic crisis at a low price.”
The damage is the same for the Seron Group, but other companies will suffer much greater damage, and the content that they can benefit greatly by using it.
“That’s right. Even during the IMF, cash rich people made a lot of money by sweeping real estate and assets at low prices.”
When an economic crisis comes, the person with the money is king, so if you use the buyer’s advantage to buy indiscriminately from all directions at ultra-low prices, you will be able to see huge profits.
Even Limu, which said it went bankrupt right away, is a future industry that the Chinese government has nurtured by paying taxpayers’ money.
My mouth waters just thinking about it.
But in order for this to be possible, a global economic crisis would have to come and millions of people would have to suffer.
“driving me crazy.”
I want to search for China and beat it, and if I actually lose it, I would be able to benefit greatly, but in return, countless people around the world will suffer tremendously… … .
I thought about it for a while and shook my head.
“no. This is not real.”
No matter how much I say I don’t care about countries other than Korea, this would not only cause huge damage to Korea, but also conflict with my purpose of protecting people from the undead army.
There are many other ways to earn money, but inducing a global economic crisis just because of that money is crazy.
“Let’s get rid of the specter right now.”
If you didn’t know, you can’t proceed with the plan even if you know the outcome.
“Whoa. China, be lucky. Not because of you, but because of others.”
I decided to calm down the situation by taking out the specter like that.
But it was just my delusion that everything would end with that.
* * *
“Broken again?”
I retrieved the specter that caused anger towards rivals and political opponents.
However, as the saying goes, hatred breeds hatred, even though the specter that amplifies anger is missing, the conflict that has already flared up is spreading more and more instead of being settled.
Another corruption was discovered while investigating the corruption that had already been revealed, and now it has come to the point where even within the same faction, they criticize and criticize each other.
As the situation develops, even President Hyun, who is the absolute power, is involved in various corruptions, and the Chinese political world has reached a dead end beyond the mess.
As the Chinese political world rushed toward the end, the Awakened became even more enraged, and the embers of hatred sparked by the Specter spread throughout China, further aggravating the situation.
Because of this, another Chinese conglomerate went bankrupt following Limu, and even experts who thought it would calm down are concerned about China’s bankruptcy and the resulting global economic crisis.
“No, I was just thinking of turning politics into a mess… … .”
Unlike Seron, where the strong occupy a high position, since it is a planet where ordinary people are in power, there is no immunity to the Specter, and the world is closely connected, so the aftermath of the Specter far exceeds what I thought.
“What should I do with this?”
I retrieved the specter because I didn’t want it until the global economic crisis, but the snowball that has already started rolling doesn’t know how to stop.
Now I have two options to choose from.
The first is to directly intervene in China and end the conflict through force.
Considering the power and influence I have, it is difficult, but not impossible.
But since the Chinese government has bad feelings towards me, and as a foreigner, is it really a good option for me to use force myself?
Perhaps, on the contrary, other countries may only increase their vigilance against me.
So the first is dismissal.
Then the second… … .
“Acknowledging that a global economic crisis may come and preparing to deal with it as much as possible.”
The world faced a global financial crisis starting with the bankruptcy of a large American bank in the past.
Ironically, China was able to escape the crisis at that time.
As China’s economy grew, many countries that invested in China could afford it, and thanks to China’s indiscriminate import of various raw materials, the raw material market was also able to stabilize.
The role of China is played by Seron.
“First of all, our top priority is to protect Korea.”
Seron acts as a breakwater to prevent damage to Korea caused by the global economic crisis caused by China.
Then, the best way to rebuild the collapsed global supply chain by taking over bankrupt Chinese companies.
Of course, a lot of money was needed to do this.
“I need to raise as much money as possible.”
In my mind, I want to attract an enormous amount in the short term by short selling, but if that happens, I may be accused of causing a crisis because of my short selling. It may not go until the global economic crisis, so the uncertainty of short selling is too great.
I picked up my cell phone and called Deokbae Kim.
-Yes, Chairman.
“From now on, we are going into an emergency management system. No matter how you look at it, the situation in China is not serious. It is moving after considering the global economic crisis caused by the bankruptcy of Chinese companies.”
Deokbae Kim was taken aback by my words.
-Sir, are you sure you want to go that far?
“I wish I did too. But there’s nothing wrong with being prepared, right?”
-… I understand for now. What should I do?
“Dispose of all property owned by the group.”
In the meantime, the Seron Group has been running my own building and my company in this way unconditionally, such as buying land, building a factory, and then moving in if a factory is needed.
Of course, the real estate that has been purchased so far is at a tremendous level.
-Mo, you mean all of them?
“yes. From the factory site to the building, everything is cold. If you say that you can take over the Seron factory site and rent it in Seron, people who want to buy it will probably line up.”
Instead of selling the existing factory to other people or companies to make a lot of money, it is a method of continuing operation by paying monthly rent.
In this way, you can get a stable monthly rent from Seron, which will never go bankrupt, so it is a very attractive property.
-That’s true, but the real estate market will be staggering.
If Seron suddenly sells real estate and starts securing funds, the aftermath will surely not be small.
However, considering the global economic crisis that originated in China, the aftermath is nothing.
“I can’t help it. Funding is our top priority now.”
-… All right. We will take care of it as instructed.
After finishing the call, I sighed and said.
“ha. I had no intention of doing it this far.”
What I was trying to do to confuse the political world became a butterfly effect and spread like this.
“Okay, let’s think in the best possible way. Chinese companies have a high debt ratio anyway, so it would explode someday. I just stopped starting it.”
It’s already happened, so I’m trying to rectify it as much as possible.
And if it is handled well, the biggest beneficiary of the global economic crisis from China will be Seron.
“Sorry, people of the world. Instead, I will do my best to stop the undead army.”
Of course, it’s a problem that I’m cheap sh*t, but… anyway.
“If possible, let’s just pass by quietly. huh? Because I will never use Specter carelessly again.”
* * *
My humble (?) wish to pass by quietly, if at all, has undoubtedly collapsed.
Corruption broke out and in the process of attacking the corruption, companies started to stumble one after another.
Under normal circumstances, the balance would have been adjusted somehow, but Chinese politicians were focusing all their efforts on surviving somehow, not considering the aftermath of the attack at all, and the price was the bankruptcy of Chinese companies.
Real estate companies with overwhelming debt ratios, starting with Limu, collapsed first.
And the banks that lent money to such companies also had a funding crunch, and as banks locked their funds, even relatively sound companies are now affected by dominoes.
When the situation became like this, Chinese people ran to the bank and began to withdraw money, and the banks continued to run out of money.
Then, even after escaping from the influence of the specter, Chinese high-ranking politicians, who had been slandering each other and somehow finding the number of attacks, were stunned and came to their senses, but it was already too late.
“Foreign capitals are withdrawing their investments in China as they are surprised by the series of bankruptcies of Chinese companies.”
“… Banks are also staggering, but if foreign capital is drained, it will accelerate even more.”
Deokbae Kim nodded and said.
“We expect that to happen in the planning office as well. In addition, foreign capital is flowing out and the yuan exchange rate is plummeting.”
“The bankruptcy of Chinese companies led to a sharp drop in the exchange rate. Of course, this aftermath will spread overseas… … . Is there any problem with Saron?”
Then, Deokbae Kim said with a confident expression.
“of course. As directed by the Chairman, we have converted all assets that can be converted into cash, and have also stocked up on all the dollars we get from selling oil, raw materials, and food. It’s all thanks to the foresight of the president.”
It’s a foresight… … . Thank you for misunderstanding me like that.
“Now, the global economic crisis originating from China is virtually certain.”
Just as a company with a market capitalization of trillions of won goes bankrupt because it cannot block tens of billions of bonds, and when that company goes bankrupt, all of its customers and subcontractors run out of business, the original economic crisis spreads out from small sparks like dominoes.
“It is unknown how much the damage will be, but experts predict that it will certainly have a huge impact on the global economy. Right now, in Korea alone, stock prices of Korean companies that are highly dependent on China are plummeting, and raw materials are also rapidly declining due to concerns about an economic downturn.”
“okay.”
There is no way to pick up water that has already been spilled.
Since this has happened, the size of the Seron Group is increased exponentially, taking on the collapsing economy by picking up all the items for sale at low prices.
I got up and said.
“Originally, protagonists are born in times of crisis. Let’s get ready to move slowly.”
The White Knight Seron is dispatched.