Chapter 216
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Translated by Heavenly Cat
Read it only at Novelbyu.com & Utoon.net
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“…”
Would everyone currently working in the financial world be making the same expression.
“Th, What on earth is this…”
The market is literally collapsing.
At Great Depression-level great collapse, they swallowed dry saliva and were staring only at the screen blankly.
America, Europe, Asia.
Every market collapsed simultaneously, but there was nothing they could do.
“Director. H, How should we deal with this?”
Gold Reagan’s Director, Raynold, also prided himself that he rolled in this floor for a long time and experienced all sorts of things, but such a thing was a first time.
Actually, financial crises were quite many until now.
But wasn’t to the extent that the World Great Depression comes.
Meaning it was a level where recovery is possible to some extent.
“But this is…..”
Suddenly even such a thought comes.
Is the financial market closing the door like this.
Already most Asian countries closed the market, and the US and Europe also intend to close the exchange soon until the market stabilizes.
That much, the Great Depression covered the whole world.
“Not time for everyone to stay dazed stupidly. Try briefing quickly first. How is it going?”
“As you see now, everyone is just throwing. Following the China and North Korea collapse, as even Russia became like that, confusion aggravated more.”
Even during the China and North Korea collapse, the world stock market showed signs of collapsing, but Russia’s dictator, Patin’s death, became the trigger.
“China is currently noisy due to civil war, but the power structure is completed to some extent, and above all, control of nuclear weapon launch hasn’t passed to anyone yet. Even if the passing possibility of not using is very high.”
In contrast, Russia was declaring independence everywhere after Patin’s death.
“Siberia, Chechnya, Dagestan, Kaliningrad, etc. As if waited, in various places declared independence and decided to operate their own government, and in Moscow, Patin’s right arm Sergei established a temporary government, but it seems it won’t last long.”
“Why that?”
“It was revealed that Sergei killed Patin. Due to that, it seems a fight is happening again internally. The problem is that during that civil war, nuclear weapon control passed to someone, and the story that they might use that is spreading fast.”
China had a high possibility of not using even if nuclear weapon command passes.
But for Russia, as rebel forces sprang up like bamboo shoots after rain as soon as Patin died, anxiety that an accident might occur when and where was spreading slowly.
If those rebel forces dominate the nuclear base, even if they can’t shoot right now, because someday they might solve the technical problem and launch.
“Exactly because of that, the market was hit directly now.”
As such issues burst at once, the world is preparing for end times now.
In anxiety that the Doomsday seen only in movies might unfold soon, everyone is throwing stocks they possess and making into cash.
“Stupid bastards. Anyway, making into cash is all useless if the world really perishes.”
Looking just at the stock market now, it looked like the world would end right tomorrow.
“So the Director’s word is we have to pick up now, right? Isn’t there a saying, buy in fear.”
“…”
At that word, Raynold hesitated.
Buy in fear.
It is a very famous stock market saying.
Looking only at the writing, it seems anyone can buy in fear, but—
“If facing real fear, cannot do so.”
Plus this wasn’t simply fear but reality.
Really, the financial market itself might collapse completely like this.
Then what should we do.
“…How is Gwangwoon doing?”
***
Bang-!
Boom-!
Is the end of the world approaching.
If turning on the news, only videos full of explosions and gunshots come out.
The China civil war is virtually starting from now, and North Korea is sweeping out coup forces with UN Peacekeeping Forces, US military, and our national military inputted, and Russia was announcing independence statements everywhere due to Patin’s shocking death.
Especially Russia turned into a situation where no one knows where the nuclear weapon will explode as everyone ignores the temporary government without a clear power structure like China and degenerated into rebel forces fighting.
“More than that, the biggest problem to us is North Korea and the world stock market.”
North Korea is a country right above us.
The dictatorship regime ended as the Kim family was annihilated, but Chinese armed forces mixed in with refugees and military forces trying to establish a new dictatorship regime in North Korea remain, so currently our ally forces have to organize them.
“Fortunately, they say the US military bombed launch bases quickly so immediate launch will be difficult for nuclear weapons. The problem is chemical weapons, if military forces launch that to our country we will receive enormous damage.”
“Must be monitoring well so they can’t do that, right?”
“Yes. The US is monitoring well so North Korea military forces can’t do nonsense, and bombing immediately if they show unusual movement. Another fortunate point is, oil remaining in North Korea is little, supply is also all cut off so military operation itself is difficult.”
Should we say thank you for this that the Kim family ruined the North Korea economy completely due to their own greed.
Thanks to that, military supply doesn’t work properly, so the coup that occurred in other places was actually interpreted as dissatisfaction bursting, unable to endure hunger.
“Then North Korea will be solved by time somehow?”
“Currently the US military seems to be seeing so. Anyway, since the country was barely maintaining form, many North Korea forces think they should rather receive help from the US and our country. If cooperating with them well and solving the problem…”
Next is one.
“North and South Korea really becoming unified.”
I thought there would be no unification in my life.
But like West Germany and East Germany, achieved unification suddenly.
Our country and North Korea also look like unifying suddenly by the rapidly changing situation.
“But unification is not easier than thought. GDP per capita is widened by an enormous gap from the start, system and ideology are too different, due to lack of education level and infrastructure, even if unified, actually people in far regions won’t even know unification happened because there’s no media.”
“Plus for the time being, North Korea must go with a temporary government system, and if really unified, must go through a stabilization period of about 30 years.”
But if achieving all that process well, like a miracle, the story changes again.
“Then the story really changes. Population exceeding 80 million, gaining nuclear to have military power in the top tier, leading to large-scale employment creation by North Korea infrastructure development. And Korea is currently playing the Asian financial hub role, right? The possibility of that acting bigger exists.”
However, the problem was that the process is too difficult.
“And before discussing the Asian financial hub, currently the world stock market is right before the end, so the Great Depression of the biggest scale in human history might barge in. Currently, Peacekeeping Forces and US military might also withdraw hit by such economic aftermath.”
Finance plays the most important role in the world economy.
But if the financial market stops, what happens.
The bank payment network blocked, stocks become paper value, everyone runs to the bank to have cash, but nowhere will give out cash.
Then the international trade network stops, wage arrears, food and energy supply collapse, further a world where cash is also useless comes eventually.
Only gold, silver, food, and energy act as a currency role instead.
“Then huge social confusion comes and cities collapse and virtually maintaining the state becomes difficult. Civilization collapses.”
That was a terrible future didn’t want to even imagine.
“Probably by now, people who rolled company borrowing money from the bank with stock collateral are all in deep trouble. Also chain bankruptcy is in progress.”
If the stock market drops this much, chain bankruptcy happening is a set procedure.
Wishing it stops just there,
The problem is if going further from here, it leads to civilization collapse as Manager said.
“Then it means we must recover the market quickly.”
“Yes. But not easy. The media is boiling as if nuclear war will happen right tomorrow, and rich people are fleeing to bunkers.”
In other words, something that can silence this global great confusion is needed.
What is the method to recover the currently running wild world economy.
“That is scattering overwhelmingly much money. Really saving the stock market again even by force.”
“For that, isn’t the world stock market too massive?”
“If someone steps up giving a big shock, other forces will also participate, then wouldn’t the market run smoothly again?”
For that dreamlike scenario to be possible meant a place with much money and globally great influence must shoulder the gun and step up.
A place with much money and great influence enough to give shock to the world stock market…
Wait. The place where that is possible is…
“!?”
Then, as if waited, intuition hit me strongly.
Except our Gwangwoon, there was no place capable of attempting this crazy scenario.
***
“Chairman, contact came from the bank this time too. Saying unless submitting additional margin quickly, they have no choice but to liquidate.”
400 dollars.
Tisla’s beautiful stock price.
However, shaking gradually due to the China collapse and the North Korea situation, was hit by the finishing blow at this Russia time.
Tisla’s stock price that soared to 400 dollars fell below 100 dollars currently.
Mylon Tusk was staring only at the ceiling with eyes opened blankly at the secretary’s report coming in consecutively.
“Can we pay the margin? The money we borrowed from banks is astronomical, right?”
Mylon Tusk has been operating the company receiving large loans from various banks with stocks he possesses as collateral.
The reason doing so is simple.
Exactly because of tax.
If he does business, or wants to buy something, he must sell stocks.
Then his corporate influence falls, receives criticism from people saying the owner sold stocks and stock price might go down again.
Is that all?
The difference earned by that changes to massive tax intactly and must be offered to the government.
Therefore, rich people like Mylon Tusk choose another method.
Exactly a bank loan.
Using stocks with soaring prices as collateral, borrowing hundreds of billions of dollars using that.
Then no need to pay tax.
Because the money he uses is all loan.
Just need to pay the bank interest well.
“……”
But did not expect this.
The fatal drawback this beautiful system receiving loan with stock has.
That is exactly the situation where stock value goes down to the bottom and must pay additional margin, and pay back debt too.
But for Tisla to go down this much, the stock market itself must collapse, so didn’t even think of such a scenario in the first place.
But the world Great Depression scenario happened.
All stocks becoming tissue paper.
“The situation unable to pay margin let alone debt. For that to be possible, must sell all companies you possess currently. World Link and Space T, even other subsidiaries.”
But who would buy that now.
While everyone is making cash to find a way to live.
“If becoming like this…”
Mylon Tusk couldn’t stand up from the seat sitting in despondency.
Only thought of going to Mars, terraforming there, building a new empire,
Because never imagined he would suffer bankruptcy.
“How on earth did it become like this?”
Everything was according to plan.
Acquired an underground excavator company for an underground city to make on Mars,
Was making robots to send for terraforming, the rocket launch plan was also very smooth.
But the end is bankruptcy.
Hasn’t even set foot on Mars yet!
“Chairman. By the way… There is talk that Gwangwoon is executing a bailout to save the collapsing stock market this time.”
“Wh, What?”
Who caused this situation now.
Exactly Gwangwoon.
They made China and North Korea that state, Russia also clearly those guys’ doing.
But shamelessly executing a bailout now…..
“Wait.”
There Mylon Tusk felt spine chilling.
“Was it this. What Gwangwoon aimed for.”
To dominate the world stock market and further swallow large enterprises unable to conquer meanwhile at once, what should Gwangwoon do.
That is collapsing the world economy itself.
When everyone groans in debt and company value is worse than a paper scrap.
Exactly then, if Gwangwoon possessing overwhelming property can pick up all those things.
“If the Chairman’s word is true, Gwangwoon did such a thing to collapse the world economy and have it all…”
“Makes no sense other than that. Why would they suddenly talk about a bailout when they aren’t some Messiah. Intended like this from the start.”
Collapsing China, North Korea, and even Russia in order was exactly for this one shot.
To put all enterprises under Gwangwoon’s feet.
“Plus these guys even my company…!”
And the companies Mylon Tusk built sweating blood were also included.
But the scary point is, knowing their plan clearly but no method to stop.