Dreaming back to 1949, the great powers were there to deceive us

Magic City, Chinachem Hotel.

Guo Dachong was extremely anxious and walked back and forth in the room, his eyes occasionally sweeping over the radio.

Suddenly, the radio started beeping. Guo Dachong put out his cigarette and stared at the pencil in the telegraph operator's hand.

Soon, a short telegram appeared in his sight: The chairman is out and has not returned!

Guo Dachong tore the telegram to pieces!

He lay weakly on the sofa, looking up at the sky: Huazi, where on earth did you go? Give me some directions!

In the small team of the Four Pests, Guo Dachong is the big brother, but his position is a bit awkward because his younger brother Hu Zhenhua is the leader.

Big Brother is not the boss, which is sometimes quite frustrating.

Guo Dachong also had ambitions and once fantasized about driving this big ship himself.

Today, Lao Guo suddenly discovered that the real core of this small team is Hu Zhenhua!

Without him, this ship will sink at any time!

At the door, Zhao Zhi's eyes were red and he was crying!

Just now, the real estate in Shanghai plummeted, and everyone rushed to sell. In just one hour, the overall price fell by 3%, almost wiping out all the previous gains!

Zhao Zhi is facing the risk of a margin call. He has received calls from major foreign banks demanding additional margin, otherwise their collateral will be confiscated.

In fact, the major foreign companies were just trying to scare him and confiscate the collateral. What a joke.

Are you holding a bunch of dilapidated houses and waiting for them to depreciate?

After a long time, he saw that Guo Dachong had not come out yet, so he peeked in.

If there is someone who can save him at this time, the most likely person is Hu Zhenhua

As soon as Guo Dachong saw him, he was immediately furious. It would be fine if this guy bought the property himself, but the key point was that he was so talkative and often boasted: I am a director of TA company. Even if something goes wrong, the company will cover it. What do you have to worry about?

Just now, Lao Guo received collection calls from major foreign banks.

"What are you looking at? Get out of the way!"

Zhao Zhi shrank his head, but still asked bravely,

"Brother Guo, is there any news about Huazi?"

Guo Da Chong snorted coldly and said sarcastically,

"I don't deserve to be called 'Brother Guo' by you. Just call me Lao Guo!"

Zhao Zhi's face turned red like a monkey's butt, and he slapped himself.

"Brother Guo, I was ignorant the past two days, please don't be angry with me!"

"Get out of the way, I'll tell you when I have news!"

"Oh, I'm leaving now!"

It was impossible for Guo Dachong to really hold a grudge against him, after all, they had been friends for many years.

……

Huifeng Trading Company, representatives from many foreign companies gathered together.

The atmosphere in the conference room was so depressing that you could hear a pin drop.

Everyone was smoking and no one wanted to talk.

Ever since the major foreign banks formed a group, they have been more active than each other in issuing banknotes. At first, each bank was able to abide by the regulations and banknotes were only circulated internally. It is not known when banknotes appeared on the market.

And the scale is getting bigger and bigger!

More importantly, the people accepted it readily.

Citizens use banknotes to get their wages, buy breakfast, get their hair cut, and even make cheongsams...

Because everyone found that although banknotes have certain risks, they do not depreciate.

Just based on this point, it can kill the gold yuan coupons in seconds.

When the foreign banks saw that their banknotes suddenly had the function of circulating currency, they began to print them desperately, lend money from abroad, and expand credit.

Some of the more cunning foreign companies simply used banknotes to buy goods on the market.

Huifeng is one of them.

The objects they rush to buy are also real estate.

The major foreign companies were well-informed. They saw a large amount of wealth flowing into the Magic City and were keenly aware that real estate prices were bound to rise sharply!

Everything was going in a good direction, but who knew that the Amethyst incident would happen early this morning.

The news quickly caused panic.

A rumor has spread: if the Red Power crosses the river, they will surely slaughter foreign companies and offer sacrifices to the gods! They're fearless, even attacking British warships! The foreign powers, driven by their own interests, will undoubtedly send troops, turning the Demonic City into a battlefield!

This kind of rumor has spread so widely that almost everyone knows about it!

The bank run occurred without warning.

After a long time, Morris spoke first, his tone was a little heavy.

"Everyone, we've reached a critical juncture of life and death. Please don't hide anything. Report the number of banknotes you've issued. We'll gather this information so we can devise a strategy!"

He coughed twice and continued,

"Let me throw out some ideas. Huaqi issued banknotes totaling 8500 million silver dollars. Of the 4200 million in your hands, the rest should be in circulation!"

Upon hearing this, Thomson of Jardine Matheson immediately asked,

"Mr. Morris, do you have enough reserves to cope with the flowering period?"

Morris naturally refused to tell the truth and said calmly,

"The capital exposure during the flowering period is about 1100 million. What a huge number!"

Thomson felt very uncomfortable.

The gap is only 1100 million, and you are complaining about the huge pressure. But Jardine Matheson has a gap of 2300 million, what can I say!

Thomson was silent for a moment and asked,

"Does the exposure you're talking about include banknotes circulating between banks?"

"Not included!"

Thomson breathed a sigh of relief.

Everyone’s situation is similar. We are all currently dealing with bank runs, and internal risks have not yet been taken into account!

It seems that all crows are black!

Charlie, who had been silent the whole time, sighed.

"Everyone, you only see the risk of a bank run, but ignore the big picture. May I ask, what will happen to the Western banks' money?"

Everyone fell silent again.

After TA company placed the order, major manufacturers in Shanghai began to stock up. They had no money, so they all chose to take out loans. In order to grab orders, Western merchants naturally accepted the banknotes from foreign companies.

In other words, the manufacturers in Shanghai only used a pile of paper in exchange for a large amount of supplies!

It can be said that in addition to foreign companies, Western trading companies were also the ones that suffered the most this time!

Morris couldn't help but twitch his face when he heard Charlie's sigh.

Just a day ago, he had just loaned a sum of money to TA Company to pay for 20,000 tons of aviation fuel from MiFu Petroleum. Now, those 20,000 tons of fuel were lying in the fuel warehouse at Chongnan Wharf, and it was impossible to get them back.

This batch of goods was borrowed from the US garrison by Morris and Mi Fu using their connections!

Even if the flower fails during its blooming season, he still has to pay the money!

Suddenly, Charlie roared,

"It's all Hu Zhenhua's fault! If he hadn't done something weird, we wouldn't have been in such a crisis!"

The heads of other foreign companies seemed to have found an outlet for their emotions and started shouting and cursing, as if Hu Zhenhua was a devil from hell.

Morris watched them quietly for more than ten minutes. Seeing that everyone was tired of scolding him, he spoke.

"Gentlemen, the most urgent task is to resolve the problem. Hu Zhenhua went to Nanjing a few days ago. He can't hear your curses!"

Thomson said gloomily,

"TA Insurance placed a large number of fake orders to defraud us of our loans. I'm suing Hu Zhenhua for fraud!"

Morris rolled his eyes at him.

"Wang Mo is now the head of TA Insurance. If you want to sue that scoundrel, forget it!"

Thomson immediately retorted,

"Hu Zhenhua is the chairman, so of course he has to take responsibility!"

Morris didn't want to argue with him, so he snorted coldly.

"Then go and sue him!"

Leo, the boss of Standard Chartered, was afraid that everyone would start fighting among themselves, so he hurried to mediate.

"Everyone, we can't let things get out of hand. Mr. Thomson, the actual controller of TA Insurance is indeed Wang Mo. He has replaced all the key positions in the company, especially the finance department, who has almost completely changed the team!"

Raphael of the Bank of England and Wales forced a smile and said,

"Everyone, I think suing Hu Zhenhua is a good idea. At least it can divert some of the people's attention."

Morris didn't want to argue with them and said coldly,

"If you want to sue, then go ahead! Why don't we first sort out the internal issues and find out how many banknotes are in circulation?"

Charlie thought for a moment and agreed.

"Huifeng's recently issued banknotes totaled 9700 million, with approximately 4800 million in circulation. Our capital exposure is around 2000 million!"

In fact, Charlie underestimated the number. The real number is 1 million, and there are at least 9700 million in circulation.

Charlie hadn't had enough of being the governor of the central bank, but he ended up being exposed as a jerk!

Charlie made false reports in order to prevent everyone from despairing.

Only when there is hope will everyone find a way to solve the problem! Let’s overcome this together!

Ten minutes later, the statistical results came out. The total amount of banknotes issued by major foreign banks exceeded 5 million silver dollars, and more than 2 million were in circulation.

As for how many there are that have not been counted, who knows!

The total GDP of Shanghai last year was only 3 million silver dollars.

This shows the madness of the major foreign companies.

So, where did all the banknotes issued go?

As long as one or two hundred million yuan is turned into productive raw materials, the rest almost all flows into the real estate sector.

It's a bubble, it will burst one day.

Suddenly, Kenny from the Aude Trading Company slammed the table and shouted,

"Charlie, what's going on with your country of gentlemen? Why are you suddenly in conflict with the CCP?"

He has gone crazy. You know, the Gentleman Country is the sovereign state of Australia.

Although Australia has become independent, its domestic economy is still controlled by British capital.

Having offended Charlie, Kenny's life will never be easy!

Charlie blushed slightly and shouted,

"We are acting entirely in accordance with the contract. The Gentleman State has the right to freely navigate on the Yangtze River!"

Kenny glared.

"You should pick a time for the voyage. What time is it now? It's the deadline for the peace talks. You've fucking ruined us!"

His anger was justified. The major manufacturers jointly purchased 8 tons of iron ore and pig iron, involving a total amount of 700 million oceans.

Just an hour ago, the last bulk carrier carrying 20,000 tons of iron ore was detained at Chongnan Wharf after failing to escape!

Their reasons were very convincing: we had paid for the goods, and they would belong to me when they arrived at the port!

The payment that Aude & Co. received for the goods was just a pile of banknotes.

Charlie immediately retorted,

"You're the one selling the goods, it's none of my business! Besides, my losses are greater!"

"You fucking deserve it!"

In an instant, a fierce argument broke out in the conference room, and everyone was divided into two distinct camps, British and non-British!

The attacks are no longer limited to business, but have even escalated to individuals and countries.

The fight lasted for a full hour before it died down.

When an avalanche occurs, no snowflake is innocent!

Kenny felt that he was at a loss, but he never reflected on the fact that some of the bank bonds on the market were also issued by him!

Morris stood up and shouted,

"I have three suggestions. First, everyone should appease the trading companies in your own country and prevent them from causing trouble at this time. Second, all foreign companies should help each other. If any foreign company goes bankrupt at this time, it will cause panic! Third, everyone should immediately mobilize funds from other places!"

Charlie then spoke,

"I think the foreign banks must slow down their withdrawals. As long as there is enough time, we can resolve the crisis!"

Kenny was a little unhappy and shouted,

"Australian banks have the most outstanding loans, so shouldn't we consider their interests?"

Morris snorted coldly.

"Mr. Kenny, if you feel it's unfair, you can ask the foreign companies for payment, if you can get it!"

There was one more thing he didn't say: If you, Australia, don't know what's good for you, we will ask you to redeem your banknotes first!

Magellan of Mercalli pondered for a moment and said,

"I think the banks should immediately exchange their own notes for their own!"

"no!"

This proposal was immediately met with strong opposition from more than a dozen foreign companies.

Charlie looked at Magellan coldly,

"If we switch back, and the news gets to the people, it will probably cause even greater panic!"

Morris shook his head. He had actually wanted to exchange his banknotes for his own money for a long time, but he knew that this was unrealistic.

Some foreign banks issued more banknotes, while others issued less. Once a bank was forced into bankruptcy, it would still trigger an overall avalanche.

Seeing that everyone opposed it, Magellan shrugged helplessly.

Not all foreign banks are radical, there are also conservative ones, such as Mercantile Bank.

In this ever-changing situation, who can remain immune?

Morris glanced at everyone and shouted,

"I remind you all, if you only care about your own interests, you will only wait for death!"

Kenny collapsed on the sofa in despair. After a long while, he replied weakly,

"Well, I agree with Mr. Morris's three suggestions!"

Even he agreed, and everyone finally reached a consensus.