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Chapter 1201 The biggest problem

Simon set off from China to return to the United States at around 6 pm on October 15, and arrived in Los Angeles for about 12 hours. Due to the time difference, the west coast of the United States was only 3 pm on October 15.

On the east coast, North American stock markets have closed.

Although the Dow Jones Index was also affected, with the maximum decline of more than 4.3% for the day, it ended with a slight decline of 1.6%. This trend gave many people an illusion that the arrival of the surging Asian financial storm in North America has turned into a breeze. Today's deep intraday decline was just an overreaction under the market panic.

Simon is not that optimistic.

Of course, it is impossible to say anything to people too much.

Fortunately, the news came from Cersei Capital. Since a large amount of capital is still bullish on the Dow Jones Index, today's deep intraday decline not only did not scare away the bulls, but instead made more capital continue to bet on longs. As a result, the team of Cersei Fund Management, which insists on short selling, established an additional short position of Dow Jones and S&P 500 futures and other related stocks in one day, making Cersei Fund Management's total short positions on the US stock market exceed US$9 billion.

If history had not changed, by the end of October, the total size of relevant positions would have been able to exceed 10 billion, or even more.

Unfortunately, Simon's big butterfly's reflexive influence is too strong.

When Simon returned to Los Angeles, the first thing he did was to take a "work photo" at Daenerys Cinema, which was posted on the official Facebook account of Daenerys Group, saying that he had left Asia and everyone's panic could ease a little.

Then, in just one hour, this work photo was transferred to the whole world, especially Asia. Because the time difference had entered the early morning of October 16, newspapers and TV stations in various countries and regions received emergency notices. In any case, Simon Westero's work photo would appear and the topic would be edited casually.

Anyway, it just sends a signal: the disaster star is gone!

However, this is doomed to be futile.

Anyone who is a little rational understands that yesterday's sharp drop caused the long-simmering second wave of storm to officially blow up, and the panic has formed. Whether it is the Westeros effect catalyst, the continued decline in the financial market is inevitable.

Therefore, the opening of the market on October 16th still started in Japan, and the decline in the stock market, bond market and foreign exchange market continued.

The only thing that can comfort people is that today's decline is not as fierce as yesterday. A certain disaster star left probably played a little role.

Unfortunately, it was useless.

The focus of the game that all parties are concerned about is the Hong Kong stock market. On October 16, the day of the year, the Hang Seng Index fell further from 12,526 points at the close of yesterday to 11,912 points, not far from a certain 10,000-point threshold revealed by Soros to Simon.

However, on October 16, the biggest variable occurred in South Korea.

At 2 pm that day, Seoul time, one hour before the closing of the South Korean stock market, facing the domestic stock market's sharp drop of more than 5% again, and the short-term foreign debt of nearly $90 billion compared with the cash reserves that the South Korean central bank can use, the South Korean government suddenly announced that it would give up the exchange rate protection of the Korean won.

Immediately, in just one hour, the decline of the Korean won reached 12% of South Korean law restrictions, and the exchange rate of the Korean won against the US dollar fell from 901 to 1,009 to 1. Compared with the exchange rate ratio of the Korean won against the US dollar in June, in more than three months, the cumulative depreciation of the Korean won has reached as high as 25%.

This is obviously just the beginning.

It is well known that the close relationship between Japan and South Korea and the United States in Asia is the loss of the Korean won, and even the US government is unable to sit still.

Because it's not just an economic problem.

If South Korea's economy completely collapses or even falls into decline, the strategic significance of the United States' pawn in Northeast Asia will be greatly weakened.

So, at 1 a.m. on the east coast of the United States, many people in New York and Washington were woken up and then stayed up all night. Simon received news that Clinton also had a secret call with South Korean President Kim Yongsan overnight to discuss possible rescue plans.

Immediately afterwards, a few hours later, when the North American stock market opened, the Dow Jones Index also turned and fell down as if it was hit by someone.

After the opening of the market for 37 minutes, after the first circuit breaker of the US stock market on the day of the Nasdaq collapse on March 24, the Dow Jones Index fell 7% at this moment, triggering the second circuit breaker of the US stock market after the establishment of a circuit breaker mechanism against the 87 stock market crash, and the market was panicked.

Fortunately, after the 15-minute shutdown, the Dow Jones Index's downward trend finally slowed down a little, and it did not go straight to the second floor of 13% circuit breaker red line.

The subsequent day of October 16, the Dow Jones Index fell by 9.3% at one point and finally ended with a 7.1% decline. The Dow Jones Index also fell from 7319 points at the opening today to 6799 points, falling back to the 6,000-point range.

Due to the sharp drop in the Dow Jones Industrial Average, the S&P 500 also fell 6.7% throughout the day, falling from 941 points at the opening to 877 points, which is also a short distance from the circuit breaker standard.

The Nasdaq Index also fell by 5.3%, from 3839 points to 3635 points at the opening. The reason why it is the lowest drop among the three major U.S. stock indexes is mainly because the Nasdaq Index has been close to halfway in the past six months.

Other.

Not counting Asia, not Soros, but Cersei Fund Management Company targeted its short positions in North America, because of the sharp drop on October 16, the book profit exceeded 600 million US dollars. Since the federal government is planning to take action, Simon is very clear that this wave of big drop cannot last too long, so after getting up that day, he notified New York to start delivery as soon as possible and put it in the pocket.

At the same time, on this day, Simon had to move some of the work planned to be completed in Beijing to Los Angeles for processing, while also focusing on another matter, a global public relations strategy.

About the Westeros effect.

It would be fine if you make a little joke, but Simon would never allow those who are interested to deliberately guide the blame for this big drop in Asia or North America. This devastating financial storm in Asia will inevitably lead to many social conflicts becoming prominent. If Simon let him go, he is such a big target, some people will almost do this in order to divert the conflict.

Los Angeles.

At five o'clock in the afternoon, Daenerys Cinema in Malibu, she sent off the last 'chess piece' for South Korea that she met. Girl A brought George Norman, who was in charge of private legal affairs in Weijia, into the door, put down a document from Washington, and quietly left.

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The document is about some of the results of Washington's consultations with Seoul today.

The South Korean government will formally initiate a request for help from the International Monetary Fund (IMF). As we all know, although the IMF is neutral on the surface, it is actually controlled by the United States and enforces Washington's will.

Simon was flipping through the documents and greeting Norman, then asked with a smile: "How is that happening recently?"

George Norman also smiled: "I just met again in the morning. I can only say that it is really unrestricted to be greedy. The man not only added a series of conditions these days, but also wanted to increase the amount to 250 million US dollars, 250 million US dollars. I was wondering, does he know what this means?"

"Yes, in Mexico, $100 can even hire a killer, $250 million, enough for an army."

George Norman's eyes hopped slightly, and then quickly pretended that he had heard nothing.

Seeing him silent, Simon looked up and smiled, "Don't you think I'm going to do this, do you?"

George Norman said seriously: "I only do what I should do."

Simon shrugged, turned the information in his hand a page, and said, "Actually, he made the biggest mistake. Do you know what it is?"

"Um?"

"He wanted to imitate Jackson's case, however, he forgot to confirm that Simon Westeros is a good guy?"

George Norman didn't know how to answer the conversation.

Without waiting for Norman to reply, Simon continued: "Michael is a good person, a very good person, and everyone who has contacted him knows this. Therefore, when facing the evil of bad people, he will be at a loss, and end up ruining his reputation and almost collapse. Now, even if the father and son personally jump out to clarify that they were slandering him for money, many public will not believe it anymore." Speaking of this, Simon looked up at George Norman again: "George, do you believe Michael is innocent?"

George Norman paused, and did not answer directly, but said: "Michael should have paid attention to some things at the beginning. He was indeed too close to the children, but I can understand that Michael likes Peter Pan very much. He always hopes that he will always be a child, not grow up."

Simon smiled and said, "So, you don't believe it very much, right?"

George Norman's expression was a little unnatural: "Simon, I don't know much about that."

"I believe Michael is innocent," Simon said. "Because I am a bad guy, I am good at understanding the behavioral logic of bad guys. After that, the Chandler family got more than 20 million dollars. You know, this is a lot of money. Imagine that other children who have come into contact with Michael and their parents are not moved?"

George Norman said: "Should you be tempted?"

"So, according to the logic of a bad guy, what those children who are tempted and their parents should do is to join forces and initiate a class action lawsuit against Michael. If they do so, even if they don't get 20 million yuan, millions or even hundreds of thousands of dollars in compensation will definitely be obtained, right?"

George Norman nodded, a little surprised.

Simon's eyes were still on the information in front of him and said, "As a result, those people did not do this. Instead, many children and parents came forward to speak for Michael to prove his innocence. Why do you think this is?"

George Norman did not hesitate this time and replied: "Because they are good people, too."

"Yes, in this world, good people are always at a disadvantage, and in order to stick to their own good, those children and parents even resist the temptation of a large amount of money," Simon's tone was a little sigh, and then he became a little cold: "It's a pity that I'm not a good person."

George Normann didn't answer the topic, but asked, "Simon, how long will it take for me to go?"

"It's soon," Simon's tone turned plain again: "What you have to do next is to deal with the rest of the Spears family, don't let them be foolish, bad guys are not that easy to do."
Chapter completed!
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