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MTL - America’s Road To Wealth-v2 Chapter 370 The Windy Peninsula · Final
Chapter 370 Stormy peninsula · Finale
December 9, 2001.
Friday.
Soul has a population of nearly 10 million. The area around Seoul (the metropolitan area) has a total population of 20 million, which is close to 50% of the population of Han.
It is located in the Gwanghwamun area in the center of Seoul, because it is close to the Blue House.
Whether it is a CBD or a business district, it has always been the old face of the capital, and it has always been at the top of various lists.
Gwanghwamun area is located in the north of the Han River, in a high-end office building.
Thirty-year-old Xu Dongbi, the first Hanguo programmer, works in this office building.
This afternoon, it was almost three hours before get off work time.
But the ActozSoft game company, with several departments, stopped their work.
There is Xu Dongbi, and his game UI screen design department.
The 15 employees in the entire design department lost the mood to work after 2:30 this afternoon.
Under the leadership of the department head, Director Park.
Everyone in this game design department, gather together.
They are in front of several computer screens, looking at the colorful numbers, lines and frames on them.
"Ah, Dafa! Samsung products have exceeded 10,000 yuan! I should buy more!"
"Hey Yigu. I shouldn't have bought Jeju Pharmaceutical! They are all pharmaceutical stocks. If I had bought Xiandai Pharmaceutical at the time, I would have made at least 5 million more now!"
"Dong Bi is still the best."
A senior in the department smiled and praised Xu Dongbi, "He's almost made 100 million now! Except for Director Park, he is the best!"
"Yes, yes." Even Director Park praised Xu Dongbi, "Actually, Dongbi is the best. He only has more than 80 million principal, and he has already made almost 100 million. I am more than that, my principal is all I have already invested 700 million yuan, and I have only earned 200 million yuan so far."
Heard Director Park's Versailles-style speech.
There is actually 700 million invested in the stock market.
Everyone praised Director Park for his strength.
Director Park, who was praised by his subordinates, could not help but smile and wave his hands—
"No, no, I don't have that much money. I only have so much money by mortgaging my house."
"Mortgage the house?"
Someone suddenly realized that, yes, if the principal is not enough, you can get a loan or sell the house!
As an Internet practitioner, the prospect of the Internet was so good a few years ago.
Even if there was a financial crisis in Han country a few years ago. But they, the Internet practitioners in Han country, are doing pretty well.
Like Xu Dongbi, he lost tens of millions during the 1998 financial crisis.
If this were replaced by ordinary Han people, they might already be injured, and they might even go bankrupt.
After all, at that time, the housing price in better places in Seoul was less than 1.8 million won.
Tens of millions of won, which is already 1/3 of the value of a good house in a hundred square meters.
But Xu Dongbi still carried it at that time, and paid off the debt in just over a year, and saved enough down payment in the third year, and then bought a house.
This is because he was one of the earliest programmers in Han Country.
It just happened to catch up with the overheating of the Internet a few years ago, and the salary was terribly high. They were regarded as the group of people who had the best life in Han country at that time.
Although last year, the Internet bubble burst, everyone's life is much more difficult.
But it is only a slight salary cut. Those who have not been fired are still treated much better than other industries.
In other words, everyone here is above the middle class who live a relatively good life in Han country.
To put it simply, most of them, including Xu Dongbi, are homeowners...
Even if they couldn’t afford the full price, many people took advantage of the low housing prices in the housing estates after the financial crisis, and many people paid down payments to buy properties in the housing estates.
Now I heard that Director Park actually sold houses to speculate in stocks, making nearly 200 million won in a week.
According to the current average housing price in Seoul is about 2.5 million, which is equivalent to about 5 days a week for Director Park.
Already earned a house of about 80 square meters in the Hanguo stock market.
Earning an apartment in five days, this speed of earning money, many people suddenly became excited.
Even Seo Dongbi.
Not to mention that ActozSoft company's hearts are floating.
It was Friday, and after 4:30 pm that day, Hanguo stock market was closed.
That night, the Ministry of Planning and Finance announced that the GDP growth rate of Han Country in 2001 was 4.9%, which was expected to be 4.5%, and the previous value was 4%.
The department also announced that the country's economy is expected to grow next year, with an expected value of 7%.
This is lower than the 7.5% given by the Hanguo Bank and the 7.2% growth forecast of the Hanguo Development Research Institute, a national research institution.
But for all Han people, this expectation given by the Ministry of Finance is actually a shot in the arm.
There are also various data showing that among the member countries of the Organization for Economic Cooperation and Development, Han has the fastest economic recovery after the Asian financial crisis.
Ernst & Young, a global accounting consulting company, also believes that Han Country ranks 10th in the world in terms of M&A maturity.
The news reported that night made all Han people very excited.
It seems that the goal of joining the developed countries can be realized right before our eyes.
But these reports made the owner of the Green House jump up and down anxiously.
"Yin Maoxi, what are you doing!"
After the GDP forecast figure of the Ministry of Planning and Finance was announced.
Commander Jin immediately called the person in charge of this department, Yin Maoxi, who is also Han Guo's finance minister, to scold him.
"You don't know that Hanguo's stock market is overheated now, and investors' enthusiasm for investment has exploded, which is already very dangerous. Don't you know?"
"At this time, you still announce such good news? Do you want to create a stock bubble this time? You know how dangerous it is!"
Yin Maoxi was very wronged, because according to the original plan.
Since the 98 financial crisis, in order to boost national confidence, it is also to increase the enthusiasm of foreign investors for Hanguo.
Since 1999, the Ministry of Planning and Finance of Hanguo has been accustomed to publishing the GDP figures of the year, which are usually released in the second year, at the end of the year.
By the way, the expected GDP growth figures for next year are also made public.
This is already a habit, and it is a practice to promote the national economy.
This year’s plan, like last year, will be announced in early December.
However, due to the special circumstances, Commander Kim requested that the announcement plan be delayed this time.
When the time is right, it will be announced to the public.
Wait until the Hanguo stock market calms down before announcing this great good news.
Yin Maoxi also obeyed Commander Jin's orders, of course he would listen to what the boss said.
Based on this, the Ministry of Planning and Finance should not announce it as planned today.
But many times, many things cannot be done according to the ideas of those in power.
As it is now, the Ministry of Planning and Finance released the information according to the original plan.
It's not that Yin Maoxi is disobedient, but that the people under Yin Maoxi left alone.
His deputy, the deputy director of the Planning and Finance Department, and Kim Jong-su, the president of Hanguk Bank, announced this information together.
But they did this, and Yin Maoxi couldn't say anything about them.
Because according to the plan, these two were supposed to announce the news today.
Yin Maoxi's mistake was that he did not implement Commander Jin's order in time, allowing these two people to succeed alone, resulting in the current situation.
After listening to Yin Maoxi's explanation, Commander Jin looked at this guy.
He's guessing that this guy might be involved too.
Commander Jin knew that the thing was probably done by those chaebols!
They are the only ones who can make Yin Maoxi, Jin Zhongxiu and other insects cooperate like this.
"The matter is obvious. Yin Maoxi, your deputy and Jin Zhongxiu left alone! They took refuge in those insects!"
Commander Kim said angrily.
He can't fall out with Yin Maoxi, unless he finds a new replacement.
Commander Jin can only bear with it a little bit now.
Yin Maoxi asked carefully: "Then what should we do now? It has been announced. Kim Zhongxiu and Park Pingluo, their press conferences are all over."
Commander Jin thought to himself what else to do now?
Can it be taken back? If it is taken back, next time the data to boost the economy is released, will anyone trust the government?
Besides, these data released by the Ministry of Planning and Finance are all real predictions.
They are indeed very helpful in boosting Han's national confidence and boosting the morale of the people.
Just shouldn't be there at this point.
Such news appeared at this time, which is equivalent to another 1 million tons of gasoline being airborne on the Hanguo stock market, which was originally a crater.
The temperature will only be higher, or even explode, and it is impossible to lower it at this time.
Been working hard for a week and doing a lot of work.
However, many jobs were secretly distorted by the chaebols. As a result, Commander Jin, who didn't get any good results in the end, felt very tired.
"With this group of insects, how can I do a good job as Han Guo's agent?"
Looking at Yin Maoxi, the leader of Kim who has only served for more than a year, he has always had a bad relationship with the chaebol.
At this moment, some kind of thought that is very dangerous to Han people came into his mind.
And when Commander Kim was thinking about a plan.
In a high-rise residence in Chengnai-dong, Gangdong-gu, Seoul, the capital of Han.
Just finished watching MBC TV's financial program, Seo Dong-pil is in a happy mood.
Received a call from her immediate boss, Supervisor Park.
"Dongbi! See it? Hahaha, this year's GDP is 4.9%! Next year it is expected to be 7%
! Dafa, our Dahan country is about to become a developed country! Ha ha ha ha…"
During the phone call, Director Park laughed loudly.
The smile on Xu Dongbi's face here is also big.
The two people who have already invested a lot of money in the stock market know that after the news is announced.
Hanguo stock market will definitely be stimulated by this and explode with greater enthusiasm.
The country’s economy is so good, shouldn’t the stock market also become stronger?
Looking at the United States or Neon, they are both national economies that are doing well, and the stock market is also doing well.
Is John Congress an exception? !
Xu Dongbi thinks so, and Director Park thinks so too.
Most of the stockholders in the world think so too...
"Don't talk about it. Dongbi, I'll treat you to dinner next time. I'm going back to my hometown in Busan to see if I can borrow some money from a private bank!" Director Park said.
"Ah, Director Park. Do you want to take out a loan shark?" Xu Dongbi said in surprise.
"Big Fat! Borrow a little more, this time I will send it directly to the shore. If I earn enough 1 billion won, I will quit my job and start my own business!"
Director Park said in high spirits.
"Forehead…"
Xu Dongbi was speechless.
He felt that compared with the brave and decisive Director Park, he who only dared to invest his savings was nothing but a scumbag.
No wonder he is not much older than himself, but he can be a supervisor.
I can only be a programmer.
"Dongbi, that's it. When I start a company, I will invite you to be the supervisor! I bought a ticket for 9:00 p.m., and I'm going to take the bus! Goodbye~~"
Director Park hung up the phone.
Here, Xu Dongbi, who was already excited by the news, looked at the TV screen and scolded Fang Qiu's financial experts.
Gritting his teeth, Xu Dongbi found the phone book, and quickly found a phone number in it.
"Hey, Mr. Kim? Hello, I'm Xu Dongbi. The one who asked you to buy a house the year before last. That Xu Dongbi who bought a house in Seongnae-dong, Gangdong-gu."
"Have you remembered? That's right, it's me. That's it, I..."
Under repeated stimulation, mainly under the leadership of Director Park.
Xu Dongbi, who was frightened by the financial crisis in 1998, calmed down.
This time, he also decided to give up all his strength!
The next day, December 10th.
Saturday.
Hanguo stock market is not open.
The three major newspapers "Central Central Daily", "Chosun Ilbo", and "Dong-A Ilbo" founded by the Hanguk chaebol have good news one after another.
【...In order to realize comprehensive digital broadcasting and high-quality communication services, Hanguo Communications Company KT plans to launch the Olleh 1 communication satellite at a space center in South America on the 30th of this month. 】
【... Hanguo STX Group has started construction of 200,000 houses in Ghana, Africa. This is an infrastructure construction project worth 10 billion US dollars. 】
【...Hanguo Xiandai Heavy Industry has received an order from Germany's largest shipping company Hapag-Lloyd (HAPAL) to manufacture ten 13,100-ton containers. 】
During the two days of the 10th and 11th, a large number of Hanguo financial programs were also optimistic about the Hanguo economy and the Hanguo stock market.
For example, SBS's "Daily News Broadcasting" program invited Yan Shusu, an expert from the Investment Strategy Department of Daehan Investment Securities, a subsidiary of Hana Bank.
Invite this expert to comment on the current Hanguo stock market and Hanguo economy.
On the show, expert Yan Shuzhu said:
"Hanguo's stock index once fell below 500 points in October 1998. But that is already history. Now the Hanguo stock market is driven by the investment boom of foreign investors. On this Friday, it has risen to 1850 points .Creating a new high since 1998..."
Expert Yan Shuzhu is very optimistic about the Hanguo stock market, and he finally believes that the Hanguo stock market should be able to maintain a level of around 2000 points for a long time.
also said that this is determined according to the national economic level and development of the country.
It means that, given the current economic situation in Han country, the stock market should be so high.
It is abnormal if it is not so high.
In other words, expert Yan Shuzhu believes that the Hanguo stock market can rise by at least 100 points in the future.
Of course, amidst the applause, which is good for Hanguo's stock market.
Not without discordant voices.
Like the respected and beloved leader of Han people, Kim Xiaozhong.
He thinks that Han people should be safer and not take too much risk and investment. The current stock market situation is too irrational.
Investment is fine, but stock market investment should not be regarded as the main business.
If you want to really live a good life, you should work hard.
The official media is following the lead of Qingfang.
These two days have also gone against the general trend of the Han country.
I have been persuading Han people in many ways not to invest blindly in the stock market, saying that the stock market is overheated and there will be dangers and so on.
The appearance of this kind of voice calmed down some Han Guo shareholders who had already been on their minds.
But other media soon came out, saying that this year’s GDP is 4.9%, and next year’s expected 7% is such an exaggerated figure, which was also said by Qingfang himself.
Qing House and Jin Tong gave such super good news.
Now it is here to tell everyone not to invest too much.
What does this mean?
Which country’s economy is so good that the stock market will lose money?
Under the guidance of some people.
Han Guo stockholders generally believe that.
Either the GDP figures released by Qingfang are fake, which are all deceptive. The national economy and stock market are actually not as good as they seem.
Either the Blue House and the chaebol will cooperate to monopolize most of the benefits brought about by the great economic development of Han!
For a while, the green house was erected on the wall, and it was not good to say anything.
The two sides are arguing non-stop on the Internet, in the media, and in reality.
Finally on Saturday and Sunday, two days of emotional brewing.
Stimulated by various messages and sounds.
December 12, 2001.
It took less than two hours for Hanguo stock market to open in the morning.
Hanguo's most important stock index, the KOSPI index broke through 1880.50 points in an instant.
The Kosdaq index also broke through 400 points for the first time.
This figure is the first time since the Nasdaq bubble burst last year that the Kosdaq index has set foot on the peak of 400 points.
Looking at Hanguo stock market at a glance, it can be said that the situation is very hot.
Various sectors, the market has reached a new high.
At first, there were still some concerns, but the Han Guo stockholders who were frightened by Qingfang’s reminder and voice no longer hesitated.
As the saying goes, everyone picks up firewood, you vote 1 million and I vote 5 million.
With the support of millions of Chinese leeks.
The KOSPI index broke through 1900 points that day and closed at 1909.9 points, creating a historical record...
Before the 98 financial crisis, the KOSPI index was at its highest at 1901.5 points.
That evening.
Soul, Gwanghwamun area, in the busy commercial street nearby.
In a bar.
ActozSoft game company, 15 employees of the game UI interface design department plus the supervisor, gathered in the bar to celebrate.
"Dafa! I wish everyone stock Changhong, make money and make a lot of money! Ahahaha—I invite you tonight!"
Director Park stepped on the seat, shouting excitedly.
Including Seo Dong-pil, everyone is happy to cater to everyone, everyone is very happy.
Everyone drank a lot tonight, ate a lot, and played until late.
So that when Manager Park checked out, he swiped his credit card—
click, 2.79 million is gone!
This amount of money is almost equivalent to about half of Director Park's salary.
According to the current market price, if converted into US dollars, it would be more than 2,000 US dollars.
Even if it is consumed in the United States, it can be said to be a bit high.
Mainly because there were so many people tonight, everyone drank cheap wine and ate a lot of Korean beef barbecue.
But Director Park looked at the credit card bill and didn't think much of it.
It was less than 2.8 million won, and he earned more than 30 million in one day today!
Totally affordable.
The next day, December 13, Tuesday.
Tuesday was originally a working day, and Director Park had to go to work.
But last night, he drank too much.
I can’t wake up at all today.
I fell asleep until around 10 am, only to be woken up by a phone call from the general manager of ActozSoft game company and the legal representative Cui Suxiong.
As soon as the call was connected, Cui Soo-hsiung, the boss, naturally cursed.
Director Park waited for him to finish scolding before lazily saying:
"Hey, President Cui, why are you so anxious...I drank too much last night and went to bed late, everyone may be like this."
It’s okay if Manager Park doesn’t say anything, but he gets even angrier when he talks about the boss, Cui Suxiong.
It turned out that Park was in charge of their entire department, 15 people. Today, only 5 people went to work on time, and their mental state was particularly poor. They stayed up late and didn't sleep well.
There are 6 people who are late, and the other 4 people, including Director Park, have not gone to work until now.
Hearing Cui Zhuxiong was still yelling on the phone, Director Park became angry for a while, and cursed back, with a fierce attitude and very ugly words, almost pointing the boss's nose to make the boss die.
After a fierce swearing, Director Park heard Cui Soo-hsiung's cold and angry voice on the phone—"You're fired!"
Director Park, who has long been displeased with Choi Soo-hsiung's appearance, wants to scold him back.
The phone was hung up by the other side.
"Hmph, I don't want to do it for a long time! Now I can earn four or five months' salary a day, who wants to continue to be a dog!" Director Park was indignant.
But after all, he felt a little weak in his heart, and he couldn't sleep now.
Simply turn on the computer and check your stock account.
It shows that in less than an hour today, his account made a profit of 5.75 million won.
After reading it, Director Park heaved a sigh of relief.
"Hmph, half an hour earns a month's wages! Who's going to work? Humph!"
After reading it, Director Park turned his phone into a do-not-disturb state with no sound, so as not to be woken up.
Then he went back to bed and lay down.
I drank too much alcohol last night and felt uncomfortable, so I continued to sleep.
When he woke up again, it was already past three o'clock in the afternoon.
Director Park, who woke up leisurely, went out to the living room and turned on the TV first.
Then he went to brush his teeth and take a shower. In the bathroom, having had enough sleep, he felt extremely relaxed.
Looking at himself in the mirror, Director Park was in a good mood.
"Big hair! This kind of day when you sleep until you wake up naturally, and count the money until your hands get cramps, you don't look like a human being!"
Just short of marrying a lady from a chaebol family and reaching the pinnacle of life!
After completing the personal hygiene work, Director Park returned to the living room, intending to turn on the computer and see how much money he had earned.
Passing by the living room, I saw a beautiful reporter from SBS TV on the turned-on TV, holding a microphone and exclaiming:
“…this looks like a disaster!”
"One morning and half an afternoon, just over two hours. The KOSPI index has fallen below 1750 points, a drop of more than 18%, and two circuit breakers have been triggered! The stock value of the Korean Exchange evaporated in just two hours More than hundreds of trillion won! This reminds me of the stock market crash in 1998, and all investors who held stocks suffered huge losses."
When she said this, she only heard a muffled "bang!" coming from behind her. She was standing outside the building of Hanguo Stock Exchange.
"My God, did someone jump off the building? Oh, it's a massacre!"
The hostess of the beauty location shouted in shock.
It's a pity that the massacre has only just begun to show signs.
Nearly four o'clock in the afternoon, the KOSPI index fell to 1710 points.
The single-day drop reached 20%, triggering the protection mechanism of Hanguo stock market's final circuit breaker, and the market was closed directly.
Hanguo stock market implements a three-level circuit breaker mechanism, and the circuit breaker thresholds are 8%, 15% and 20% respectively.
When the 8% and 15% red lines are triggered, trading will be suspended for 20 minutes; when the 20% is triggered, the market will be closed directly.
In other words, the circuit breaker has been triggered twice before, and the transaction has been suspended twice.
Director Park stared blankly at the TV screen, unable to believe it.
At this moment, he was still in heaven this morning, but he felt that he had fallen into a cold nightmare.
Director Park reacted, ran back to the bedroom frantically, and picked up his mobile phone.
He found a string of missed calls on it.
There are bosses, relatives, friends, subordinates, managers of investment companies, and... private banks.
Director Park found the phone number of the manager of the investment company and called...but it didn't work.
Called again for half an hour.
Finally got through to the manager of the investment company.
Before Director Park could rant, the other party asked him why so many calls to him were not answered.
Without the authorization of Manager Park, the other party cannot trade Manager Park's stock. So much so that in a short period of time, Director Park's stock has plummeted by 48%.
Hearing that there was still more than half of the value, Director Park returned to the computer and found that there were still about 90% of the principal remaining.
Lost tens of millions of won, and the profit of hundreds of millions of won was all in vain.
But Director Park, who is still in shock, no longer cares about so much.
He immediately put up the liquidation order for all positions, even if he lost a little, he would leave the market.
Completely forgot the arrogant look he had in the morning when he faced the phone call from his boss, Cui Suxiong.
But does it work?
Han’s local chaebols and Wall Street jointly set up a leek harvesting trap.
It is easy to come in, but not so easy to get out.
Unless you are not greedy, make a fortune early and leave.
If greed has not left, wait until the trap sets off and want to leave.
Then it is not so easy.
On this day, the entire stock exchange market in Korea went into a frenzy.
The leeks who lost miserably are facing the same situation.
Either cut the meat and leave the market, or continue to lose money!
But at this time, under the avalanche, not a single snowflake is innocent.
Even if most people want to cut their flesh like Director Park.
It was already too late.
Once the stampede appears, it is not so simple as if you want to cut your flesh and leave.
But there are also people who grit their teeth and stick to it, thinking that the stock will continue to rise.
The stock market is so strange sometimes. Why don't you go when you know it's going down?
Some people can't walk.
Some are betting big, betting that the green house will save the market.
If the Korean stock market is allowed to collapse to the point of no return, then Han country's economy will also fall into a terrible depression.
Mr. Tong, who just announced a GDP growth rate of 4.9%, may also step down in despair!
Their judgment was not wrong, and the helpless Qingfang would indeed make a move.
But this is a stock market crash, a man-made bubble!
If the bubble is not completely torn, then the decline will not stop.
And when Director Park and Xu Dongbi of Hanguo, some chose to jump off the building, and some chose to go back to work in desperation.
When the owner of the green house was in a hurry and got angry, the chaebols were toasting not far away to celebrate receiving the goods.
The chief culprit who caused all this has already hidden merit and fame.
Bringing his sister-in-law Han Guo, sitting on the "Smith" Boeing 747, away from downtown Seoul where 56 jumps a day...
December 15, 2001.
US East Coast time, around ten in the morning.
New York Kennedy International Airport, a convoy mainly composed of Cadillac cars or SUVs left from the airport.
Inside the cabin of the Cadillac Monster.
Abel was holding Li Xinyu on one side, and holding a copy that had just been delivered in the other hand. He was reading the latest "Wall Street Journal" today.
"Wall Street Journal": 【...The main economic powerhouse in Asia, the stock market turmoil triggered parades. Its KOSPI index fell by 25% in three days, and the Kosdaq index fell by 33.5%. More than 100,000 people took to the streets in the capital, demanding that the authorities step down and make amends...]
"It's a big mess."
Abel is reading the newspaper carefully.
A sweet whisper came from my ear, it was Li Xinyu who was speaking.
Since that night, Abel was "semi-forced" by Li Fuzhen and confessed his feelings.
That night, Li Xinyu was half forced, half fooled by her sister, and succumbed in a trace of helplessness.
What's more, Li Xinyu is a dead face party, plus the family's strong push.
She had nowhere to run when she wanted to run, and she ended up like this in the end.
The elder sister continued to stay in Seoul to raise her baby, and became her Queen Smith of the capital.
The younger sister followed her brother-in-law and returned to New York.
By now, Li Xinyu has become so close to Abel as a matter of course.
Abel shrugged and said: "The main thing is greed. If you are not greedy, you should stop early, and things will not go like this. After all, there are too many greedy people in the world."
Li Xinyu nodded, knowing that Abel was right.
But in this world, how many people are really not greedy?
Maybe not even 0.001% of the human population.
Those who say they are not greedy, most of them just didn't find the opportunity to be greedy.
Just like Abel, before he was reborn, he also expressed that he was not greedy.
Just give him an annual salary of one million, and a girl who is gentle, obedient and obedient with a good looks of 7 points or more.
But when Huaxia youth becomes Abel Smith, the position he stands in is different, and the resources he can see are different.
He wants more and more.
Redneck rich man from the beginning.
To later billionaires, and then to later Wall Street celebrities.
Then to the current Wall Street tycoon, and the mastermind behind the future vision.
What he wanted, and his ambitions, were never there in the first place.
It was greed, which made his ambition bigger and bigger, and eventually he became more and more like a capitalist.
So much so that now, just for the profit of billions of dollars, it has blatantly triggered a stock disaster of this scale.
Indirectly or directly, hundreds of people were killed, and countless Han families were broken.
In the past, he felt guilty even thinking about this kind of thing.
But now... Abel was able to hug Li Xinyu, kiss her, and said with emotion:
"Maybe, this is life."
(end of this chapter)