Chapter 392: Earn both money and fame!
Chapter 392: Earn both money and fame!
Of course, the bigger reason behind this is that international hot money has had enough and is full.
Now wiping my mouth.
So the International Monetary Fund came out to play the good guy. Since the money had already been made, these countries and regions couldn't squeeze out any more money from the situation, so they simply gathered their funds and retreated to prepare for a new battle.
Although the exchange rate markets in Southeast Asian countries have calmed down, they are unlikely to rebound in the short term.
And it is expected to continue to decline.
Because this financial crisis is no longer just a crisis of malicious attacks.
The financial landscape, swept by the storm, is in shambles. Numerous companies have gone bankrupt, countless citizens are in debt, and decades of national wealth have evaporated. Even exports are in tatters, as is the case with neighboring Asian countries.
The real crisis that various problems have evolved into has just begun.
The currencies and stock markets of various countries, as well as domestic conflicts and various other issues all need to be resolved.
And solving these problems is by no means easy.
In fact, Tang Yichen has now focused his attention on YN. Even when the physical book of the No. 15 Cultivation Notes was officially launched on the market, Tang Yichen did not pay much attention to it.
Today, there are demonstrations and marches everywhere in YN.
No matter how stupid the people are, when the financial crisis hits, the fact that their country is powerless to fight back is laid bare before everyone, and it is difficult for this issue not to be taken seriously.
College students from all over the country took to the streets, and the demonstrations grew increasingly intense.
Tang Yichen estimated that a massacre might happen at any time.
Tang Yichen felt a little powerless. He knew clearly that this would be discovered. It was like a flood. He knew it would come, but the torrent of history was unchangeable even if he had been reborn. He could only accept the trend of the times.
On the 21st, Lin Wei and Tang Yichen chatted using Xiong Chen’s circle of friends.
She told Tang Yichen that the first and second volumes of Notes on Cultivation of Immortality had received a warm response in the market, and the first print run of 100,000 copies had almost been sold out, with bookstores in many places even receiving second orders.
At present, the literature website has contacted the publishing house and is preparing to print another 200,000 copies and put them on the market.
At the same time, she also confirmed with Tang Yichen again whether all the copyright fees would be deposited into the Tang family charity fund.
Because there are quite a lot.
When discussing copyright, Tang Yichen did not act as the boss, but stood from the author's perspective. He did not want a one-time buyout, but a profit-sharing system. A copy now sells for 9.9 yuan, and Tang Yichen takes a cut of the price, which is 9.9 cents.
If the previous 100,000 copies were sold, Tang Yichen would get 99,000.
If another 200,000 copies are printed, the total amount will be close to 300,000.
This is definitely not a small amount of money in this era.
Of course, Tang Yichen still asked him to call the Tang Charity Foundation.
Although this money was earned by Tang Yichen's real labor, typing one word at a time on the keyboard.
It's hard-earned money, but if you take it, you will expose yourself.
On the 25th, the Hong Kong stock market fell below 10,000.
This is not an attack, but the investors in the Hong Kong stock market have been influenced by the rumors spread by international hot money. Many people can no longer bear it and are worried about currency devaluation. They are shorting their stocks in advance and cashing in the money they have exchanged for.
This kind of thing happened the last two times Hong Kong was attacked. However, in those two times, the market was not manipulated to this extent before the attacks.
As for this, Hong Kong can only continue to issue announcements in the hope of stabilizing shareholders and the public.
But with little success.
By the eve of Labor Day on May 1st, the Hong Kong stock market was only a little over 9,600 points.
Storm is coming.
In fact, we can’t blame these people now.
Because there are rumors everywhere in Hong Kong now.
Rumors are flying everywhere, both online and offline.
"International hot money has raised over 200 billion in cash and is preparing to leverage its impact on Hong Kong!"
"This trip to Hong Kong will inevitably attract international hot money, and the Hong Kong exchange rate will be in jeopardy!"
"If you don't run now, one dollar will turn into fifty cents!"
"Rice and gold are the most stable and valuable currency in the world. If you want to invest in stocks, you can buy rice stocks!"
……
Various remarks and voices are flooding Hong Kong.
Even if ordinary people are willing to believe in Hong Kong, how many people are willing to gamble their own wealth?
Moreover, as these words say, if you change your money into rice and gold, you won’t be afraid of the impact.
So during this period, Hong Kong's banks were hit hard.
At the same time, the impact was not only on banks, but also on the real estate market which had already begun to collapse.
Under this wave of situation, people are complaining even more.
A large number of people want to exchange their houses for cash and run away.
For a time, the number of properties listed in Hong Kong surged, and the prices were lower and lower.
There were runs on banks, runs on real estate, and rumors flying everywhere.
This made Tang Yichen, who was watching the situation in Hong Kong through the Internet, couldn't help but sigh.
“It’s so hard to be an ordinary person!”
Under this situation, what they are doing now seems to be the safest approach, but this method will also cause stock prices to fall as everyone flees the market, resulting in the loss of their own capital.
Although doing so can prevent one's own assets from shrinking if Hong Kong is really breached.
However, this will undoubtedly increase Hong Kong's burden and also help international hot money.
But, if you put yourself in their shoes, Tang Yichen is also very considerate of them.
Being in the middle and not knowing the future, what can you ask them to do?
As ordinary people, all they want is to protect their property.
We can only blame Solos and the others, they are really too terrifying.
Although Xiangjiang had withstood the attack twice before, those were not all-out attacks!
Moreover, after arousing their hatred, this time they restrained their strength and looked as if they were determined to fight to the death with Hong Kong.
To be honest, if Tang Yichen was not a reborn person, he really would not have the courage to gamble his worth to fight in the ring at this time.
After all, if you really lose, you will at least lose 30% of your principal. In serious cases, losing 50% is not too much.
Moreover, this is without using leverage.
If you use leverage, this is not the case.
In serious cases, it is common for people to lose all their money.
However, once you know the outcome of winning or losing, that's the time to make money.
Entering the market with a sense of justice is the true way to gain both fame and fortune.
……
"It's May!"
At the old Tang family's house, Tang Xionghua sat at the dining table and said these three words to Tang Yichen, who was drinking soy milk and eating fried dough sticks across from him.
Tang Yichen bit the fried dough stick, and his mouth, which had been moving constantly, paused for a moment.
I looked up at my father who was sitting opposite me.
Afterwards, Tang Yichen swallowed the fried dough sticks in his mouth in a few gulps and took a sip of sweet soy milk.
Then he looked at his father seriously and said, "It should be about time. It's vacation time now. I estimate that the storm will hit when the vacation is over!"
"Yes!" Tang Xionghua nodded.
Then, Tang Xionghua spoke again: "In fact, they have already started now.
However, they are not attacking Xiangjiang yet, they are just making preparations."
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