Chapter 198: The Second Half of the Financial War

Su Xin nodded and said calmly:

"Let the losses be losses; I am aware."

Previously, in order to suppress the Sakura Country stock market as quickly as possible, he had frantically sold off almost all the Sakura Country assets he held on hand.

Such a sell-off could certainly strike effectively at the Sakura Country stock market, but as stock prices fell continuously, the selling price would also become lower and lower, and he himself would suffer massive losses.

This was, in fact, a lose-lose tactic.

That asset worth 100 billion, calculated at the initial exchange rate, was worth approximately 2 trillion Sakura Coins; after the sell-off was complete, what he actually had in hand was only 1.6 trillion Sakura Coins.

This was equivalent to a loss of 400 billion Sakura Coins.

But these were only the superficial figures.

In reality, due to the current sharp depreciation of the Sakura Coin, which was vastly different from the initial exchange rate, if these two sums were each converted into Long Coins, the loss would be even more staggering.

2 trillion Sakura Coins, at the initial exchange rate of 20 to 1, was equivalent to 100 billion Long Coins.

1.6 trillion Sakura Coins, at the current exchange rate of 30 to 1, was equivalent to 53 billion.

A loss of 47 billion Long Coins, equivalent to 1.4 trillion Sakura Coins at the current rate.

The 1 trillion Sakura Coins earned in the foreign exchange market could not come close to filling the hole of the stock market losses.

This was the backlash of forcibly triggering a financial crisis by relying on massive capital.

Of course.

Su Xin did not care about this bit of loss; in any case, his goal of suppressing Sakura Country had been successfully achieved, and the other side's losses were a hundred times more disastrous than his.

"Then let's begin closing the positions."

Su Xin said indifferently:

"The remaining 1 trillion Sakura Coins can be used to take the opportunity to acquire high-quality assets in Sakura Country."

"The 1.6 trillion Sakura Coins obtained from the previous sell-off of Sakura Country assets will also be used entirely for acquisitions; since stock prices are at a low point, we aren't actually at a loss."

Luan Weiliang nodded: "Understood."

Indeed, when they sold off the shares, although the stock prices were continuously trending downward, they were still a long way from the absolute bottom.

And now, stock prices were still in a continuous freefall.

As long as they bought some relatively high-quality assets at the lowest prices, when they rebounded in the future, they would still stand to make quite a lot.

Others could actually do this too.

It was just that the vast majority of people lacked the courage and the capital; if they were trapped, they would be ruined in this economic crisis.

It was like companies that sold off assets in bulk during an economic crisis; it wasn't that they didn't know the value of their assets, nor that they didn't know the crisis would eventually pass and the stock market would eventually stabilize—as long as they could hold on, the path ahead would open up.

But the problem was that they couldn't hold on.

They were mired in crisis, their capital chains were extremely strained, and they had to raise funds as much as possible, otherwise their entire business foundation would collapse.

Therefore, they could only sell off various assets they originally valued highly at low prices in order to survive.

And now, many capital groups were watching from the sidelines.

As long as they waited for the situation in Sakura Country to stabilize and for stock prices and the Sakura Coin to drop to a certain level, these capital groups would swarm in like sharks smelling blood.

The current Sakura Country was, in the eyes of many international capital groups, a sweet piece of cake.

Sakura Country's stock prices were currently at a low, and the value of its currency was also much lower than usual.

To give an example.

A certain company was originally worth 10 billion Sakura Coins, which at the original exchange rate was 5 billion Long Coins.

But now, its market value had dropped to 6 billion Sakura Coins, and the Sakura Coin exchange rate had also dropped, so converted, it was only 2 billion Long Coins.

Theoretically, as long as everyone exchanged for large amounts of Sakura Coins at the current rate and then took the opportunity to acquire assets in the Sakura Country stock market, it was equivalent to only spending about 60% of the original capital.

This was a massive temptation for capital.

But the difficulty lay right there.

Once everyone started acquiring Sakura Coins, it would likely cause the Sakura Coin exchange rate to rise, and they wouldn't be able to exchange for enough money at that rate.

The same was true for the stock market.

If they rushed to buy, they might drive the stock prices back up, and then they wouldn't have such high returns.

Therefore, major international capital groups were all waiting—waiting for the Sakura Coin exchange rate to continue to drop and stabilize as much as possible, then they would go to acquire Sakura Coins and sweep through the Sakura Country stock market.

They weren't planning to go and offer warmth.

They were going to use money to sweep up various high-quality assets in Sakura Country, looting a burning house.

Capital never had sympathy.

And neither did Su Xin.

And what gave him an advantage over other capital groups was:

First, Su Xin currently held 2.6 trillion Sakura Coins in his hands.

Most other capital groups had sold off long ago after seeing the Sakura Coin depreciate, preparing to buy back in once it depreciated low enough, and in order not to trigger a rebound, they had to buy slowly.

Otherwise, if the exchange rate rose, all their actions would be meaningless.

Second, his capital turnover was extremely healthy, and he didn't worry about this money being trapped at all.

As for other capital groups, if they entered the market too early while the Sakura Country stock market was still falling and the Sakura Coin was still depreciating, their capital would be trapped, likely affecting their capital turnover, leading to shareholder dissatisfaction and a lack of confidence from retail investors, which would in turn affect their own stock prices, potentially leading to them being crushed by this economic crisis.

In an economic crisis, even those international capital consortiums had to be extremely cautious.

Under such a situation, the entire Sakura Country at this moment had almost become a self-service supermarket for Su Xin alone; all kinds of assets were his to choose from, and the prices were all at a low.

As long as Su Xin maintained the rhythm, did not acquire too hastily, and did not let the Sakura Country stock market rebound, this market would be his to sweep alone in the short term!

Therefore, while Sakura Country was wailing and international capital was eyeing it covetously, Tianqi Group quietly opened the second half of the financial war—

Sweeping up Sakura Country assets.

The days that followed.

Su Xin spent the New Year happily at home, visiting relatives and friends every day and traveling around.

Meanwhile, under the watchful eyes of netizens worldwide, the economic crisis in Sakura Country gradually stabilized; much international capital poured back into Sakura Country to take over various assets, which simultaneously allowed the economy of Sakura Country to begin recovering bit by bit.

After experiencing the most desperate doomsday.

The people of Sakura Country finally welcomed the light.

Although it was far from what it had been before the economic crisis, it still made many people weep with joy.

Yet what they did not know was that behind the seemingly improving situation, there lurked a deeper danger that ordinary people could not see—

A large amount of high-quality assets in Sakura Country had been acquired by international capital, and ordinary people perhaps did not understand at all what this meant.

But there was one most basic point.

Nowadays, every bite of food they ate, every sip of water they drank, every piece of clothing they wore, every kilowatt-hour of electricity they used, every product they bought, and every cent they spent had a significant portion that had to be contributed to the various major international capital groups.

This was somewhat similar to the Fruit Tax commission.

On the surface, it was all borne by the enterprises, but when enterprises considered revenue and profit margins, they would certainly factor it in; in the end, to ensure their own profits, they would pass a portion of the Fruit Tax on to consumers through various means.

The behavior of those international capital groups investing in various companies in Sakura Country or purchasing various assets was similar to the Fruit Tax, intended to extract a portion from the profits of various industries in Sakura Country.

And these commissions were ultimately still borne by every single person in Sakura Country.

It was equivalent to every person in Sakura Country being bled dry by these international capital groups at any time and in any place.

They had to be more bitter and more tired than before, giving their all, just to live the life of an ordinary person.

Why do many people say that Asians often live more tiring lives? Is it because they are more diligent? Of course, that is not entirely it; it is because if they do not work harder, they cannot even live the life of an ordinary person.

Their lives, studies, work, experiences, entertainment, food, clothing, housing, and transportation, etc., were all invisibly controlled by those international capital groups; for every product they bought, there were many profits that had to be contributed to many, many foreign capital groups.

Of course they would live very tiring lives.

And in the current Sakura Country, this situation had become much heavier than before.

Those international capital groups that were constantly sweeping through Sakura Country were like an invisible giant net covering the whole country, connecting every person in Sakura Country and continuously squeezing their lifeblood from them.

From birth to death, they would spend their whole lives becoming... meat pigs for those capital groups to extract profits from.

The key was that they could not perceive it.

And they had no way to resist.

And among these international capital groups, the largest one was Tianqi Group.

"This is the power of capital!"

Su Xin sat in his office located in the Yonghui Building, looking at various report data from Sakura Country, and could not help but sigh with such emotion.