Chapter 504

Not as much as China, but Europe was also disrupted by the crisis.

There are two major threats facing Europe.

One is a political crisis and the other is a military crisis.

As Russia declared war and the confrontation between NATO and Russian forces over Ukraine continued, there was even a fearful prospect that another world war could break out in Europe.

However, this problem was resolved naturally as concerns about the financial crisis subsided.

The world has found a new growth engine through space development and JN Battery. The fate of the country will depend on what to do with this opportunity. Both the EU and Russia are not in a situation where they are in a state of idle warfare.

Countries that can immediately benefit from the space boom are the United States, China and Russia. Russia, which engaged in a space race with the United States during the Cold War, showed strong confidence in mining resources on the moon.

There are many people who say that their technology is lagging behind as they have not been able to properly invest in basic industries due to economic sanctions, but know-how is just as important as technology. And Russia has know-how that is second to none in the space field.

The EU felt the need to join hands rather than war or sanctions against Russia.

However, even if there is no reason for war, Russia cannot withdraw without justification as long as it has declared war.

Ultimately, under NATO arbitration, Ukrainian President Anatoly Borisov apologized for the terrorist attacks in Crimea, promised compensation to the victims’ families, and issued a statement refusing to claim sovereignty over Crimea.

It was not an official renunciation of Crimea, but it was a statement of recognizing Russian occupation.

“Ukraine surrendered. This is a great Russian victory!”

President Vysotsky defined this as a victory for Russia, and Ukraine and the international community did not dare to argue about it.

The EU Chairman, the President of Ukraine and the President of Russia met in Helsinki, Finland, to discuss and sign an agreement on withdrawal.

They signed and held hands as if they were about to fight.

The second was the division of the EU represented by Brexit.

As fears of the financial crisis grew, the voices of Britain seeking a way to live outside the EU increased, as did Greece and Italy.

However, the financial crisis did not occur. Not quite as much as Wall Street, but City of London financial institutions have also joined the speculation. The UK financial market has been shattered, and funds and banks have either gone bankrupt one after another, or have been forced to work with the government.

To prevent the division of the EU, they contributed their strength until after the earthquake.

“OTK Company will discuss future economic cooperation with the EU. The agreement between OTK Company and the EU will apply equally to all EU member states.”

The European Space Agency has announced plans to launch a lunar rocket in collaboration with NASA and Los Cosmos. Now, the role of the EU in space development and the industrial change brought about by JN Battery has become very important.

Prime Minister Boris Kane and Conservative MPs said Britain’s departure from the EU would not affect cooperation with the European Space Agency, but none of the people believed it.

As a result of a recent survey, more than 75% of the respondents wished to remain in the EU. As such, the British Parliament narrowly rejected a hard Brexit, led by Prime Minister Boris Kane and the Conservatives.

Some countries, including Greece and Italy, which were pushing to leave the EU amid a national debt crisis, also shut their mouths as if they had ever done so.

* * *

I visited the Golden Gate Chinese branch. The staff there looked at me and applauded.

Henry, who arrived first, welcomed me.

We greeted warmly.

“You’ve been through a lot.”

“Henry too.”

In the meantime, he has traveled back and forth between the United States and Europe, delivering various information.

I greeted the staff one by one. The eyes that looked at me were full of respect and surprise.

When it was just the two of us, Henry said with a smile.

“After America, you became a hero in China.”

Everyone knows that I fought the speculative forces in the Chinese market with all my might. Thanks to that, of course, my liking for Korea soared.

Considering the fact that he was once accused of being the main culprit in the US-China trade dispute, it is a feeling of outrage.

The saying that there are no permanent enemies or allies in the market comes to life again.

“Today, the People’s Bank of China lowered the announced exchange rate to 7.03 yuan to 1 dollar. There was pressure from the US and the international community, and the Chinese economy was also being damaged by the excessively overvaluing the yuan.”

“I can say that it is at an appropriate level.”

I could hear from him what was happening in the financial world.

“The Rothschilds got out right before things changed. It was amazing to see how they changed their strategy in an instant and withdrew with minimal losses.”

I was truly amazed.

The most difficult part of investing is stop loss. But as soon as it is decided that it is not, the position is liquidated.

Should I say Rothschild?

On the other hand, those who took part in the offensive did not return well. Albert Management and Schnitz Investment went bankrupt, while Redstone and IRR lost more than half their market caps.

In the case of a blind fund created by Kanline Group, there are rumors that the loss will reach 95 percent, and there are rumors that JP Morgan will apply for a bailout.

“The whole of Wall Street is like a portrait book. Because both of you and the giant capitalists participated in this speculation.”

Although the exact amount of the loss has not yet been announced, it is this much. After the results are announced later, the sound of the song will resound here and there.

“Fortunately, Golden Gate responded well.”

Henry nodded his head.

“My brother-in-law was like that. People have to stand in line.”

I burst out laughing.

“It’s something Taek-gyu should say.”

With most of Wall Street’s IBs jumping into speculation, Golden Gate waited calmly and moved against them before the change began.

“Karl Singer is said to have shot him in the head with his pistol in his office.”

I nodded.

“I heard it too.”

Albert Management has been famous for making money by any means possible. Is the end like this?

It’s just that it wasn’t just one or two investors who took their lives. Reports of witnessing people jumping from skyscrapers in Manhattan were not boring.

The public generally responded with a causal response.

But whether you earn good or bad, money is just money. And the reason they died is probably just because of a failed investment.

“Do I need to end my life for money?”

“Money was everything to them. Investors fighting for money must be careful not to let money become the purpose of life.”

Henry added jokingly.

“Because if I look into the market for a long time, the market also looks into me.”

I laughed bitterly.

It was something that touched my heart.

* * *

The market, as always, lives on hope.

People watched with anticipation to see the future results of the rekindled space race and JN Battery.

It is estimated that the OTK Company earned about 1 trillion dollars through this crisis.

Even this amount was not an increase in corporate value or an expected return for the future, it was money earned in cash right away.

While hedge funds and private equity funds that participated in the speculation failed to repay their short selling and went bankrupt one after another, their losses were captured as OTK Company’s profits.

Koreans were astonished to learn that Jin-hoo Kang earned more than half of Korea’s annual GDP in just two or three months.

It was the result of robbing the entire world of speculative capital.

OTK Company has promoted several projects during that time. Among them, the most expensive projects are VRMMORPG and Saemangeum New Town.

While VRMMORPG is still in the preparatory stage, Saemangeum New Town was already in progress.

Previously, they had scooped up OTK Company and said that they would participate, but as fears of the financial crisis deepened and the flow of funds tightened, the companies that had decided to participate began to withdraw one by one.

But overnight, things changed.

OTK Company has secured enough capital to be able to proceed alone. Even if all other companies are absent, OTK Company alone will be able to build a city.

Concerns about Saemangeum becoming a ghost town disappeared, and the prospect of being reborn as the best city in Asia unfolded.

What will the world’s largest companies look like and where future key industries will gather?

In the meantime, companies that had been saving themselves under various excuses turned and jumped into Saemangeum. Disney and Universal decided to start constructing theme parks in Saemangeum right away, and other companies also rushed to construct factories and buildings.

As the site remains surplus anyway, additional construction plans have been announced.

Korea Aerospace Research Institute and Roscosmos decided to build a launch site in Saemangeum, while OTK Company, Seoseong SB, CL Chemical, and SSK Innovation built the world’s largest JN battery production facility in Saemangeum, following the OTK battery production facility. An MOU was signed to

This was a golden opportunity for the Korean economy to take a leap forward.

Korea is classified as the country that will most benefit from industrial change in the future, and capital has flowed in.

The market effectively treated the won as a quasi-reserve currency, and the Korean financial authorities had to worry about the won’s appreciation.

– Kang Jin-hoo saved the economy that Heo Chang-min ate up.

– Haha, this is real. If it hadn’t been for the earthquake, the Korean economy would have collapsed.

– Looks like he’s going to be a real person

-I’m so glad we met after Kang Jin-hee~

-If you earn that much money, give 1 million won to all the people.

-I thought that was crazy, but it’s only 50 trillion won. Gum price for Kang Jin-hoo.

– It’s a godsend that Heo Chang-min didn’t touch after Kang Jin-jin.

-Everyone! Let’s not forget your Excellency who was touched after the strong earthquake!

-When I think of you, your stomach hurting watching you do well after the earthquake in the cell, your hands and feet tremble and tears come to your eyes ㅜㅜ

-it’s rainy. I can’t even sleep. At times like this, I really think of you

– Release your Excellency Park Si-hyung!!

-Nakyeong Yeon singles, let’s go one more time!

* * *

China’s state-run media have been busy promoting the achievements of President Zhang Pinghua every day.

Even within the Communist Party, voices of dissatisfaction in the past were well tolerated, and everyone praised him as a great hero who saved the Chinese nation.

President Zhang Pinghua showed himself taking care of the economy, emphasizing the stability of the Chinese economy both internally and externally.

I attended a business meeting and met Chinese business people. Wechant’s CEO Ma Huateng and other top Chinese businessmen gathered in one place.

In this place, I was also able to meet Xiaomin and Yao, who founded Tenway after a long time. They were called here because they were invested by OTK Company.

I have spoken to several businessmen.(Read more @ wuxiax.com)

President Zhang Pinghua delivered a keynote speech. He started the conversation with the first verse from Charles Dickens’ novel ‘Two Cities’.

“The past few months have been the best and the worst for China.”

What followed was a warning against speculative forces.

“Next to the word profit is a knife. If you covet others, you will harm yourself. It has been proven that the global financial crisis is not an inevitable product of globalization, but an act caused by greedy speculative capital. If we work together, there is nothing that cannot be overcome, and if we work together with wisdom, there is nothing that cannot be achieved.”

Finally, he commented on the direction of the Chinese economy.

“There has never been a smooth road in human history, but it has not stopped humanity from moving forward. Now we are on a new path. No matter what difficulties you face, you should not blame yourself, blame others, give up your faith, or avoid responsibility. History is made by the brave.”



When the speech was over, the people stood up in unison and clapped.


after the event.

I and Zhang Pinghua had tea and chatted with the two of us. He put down his teacup and said.

“One man really changed the world.”

I thought for a moment and then shook my head.

“I didn’t do it alone.”

It wouldn’t have been possible if people didn’t believe it.

The market is not run by one or two people.

With the exception of a few who tried to profit from the crisis, everyone wanted the world economy not to collapse.

In the end, it can be said that those beliefs came together to create the present situation.

I remembered the news I had seen before coming.

Fortunately, the protests in Hong Kong are fading. The chief executive said there would be no hard crackdown and that he would partially accept the protesters’ demands.

This is because the Chinese economy has found a new growth engine.

As the Communist Party system and the power of President Zhang Pinghua had been consolidated again, there was no need to take a hard-line stance toward Hong Kong and make it crumbly.

But it is still too early to be reassured.

China is a country that will do anything for its national interest. There may be some differences between each, but the United States and Russia will be the same.

One country, two systems will end in 2047. At that time, it is possible for the Communist Party to directly rule Hong Kong.

Promises do not end when they are made, and continuous effort is required to keep them.

You have to have the strength to keep your promises. As long as I have the power of capital, China will definitely keep its promise.

President Zhang Pinghua looked at me and asked.

“What are you going to do now?”

So much has happened in such a short amount of time. The future will be busier than it is now. There are a lot of people to meet and a lot to do.

But now what I want to do the most is… … .

I said while thinking of the people I wanted to see one by one.

“I have to go home.”

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