Chapter 2422: Philippine Stock Market Crash

Soros made his move.

Soros is a big shark in the financial industry. When he smells blood, he will attack and then bite the food hard. This habit and this character have been integrated into his body and into his blood. Therefore, he took the initiative to attack without waiting for Lin Feng's instructions or asking Lin Feng.

The Philippines is now in a food crisis and has offended all food traders. It can't buy food at all. Therefore, if you want to buy food, the Philippine peso, which was originally used, is no longer effective. The outside world does not recognize it and only recognizes the US dollar or other currencies.

Therefore, if the Philippine government wants to buy food to ease domestic conflicts, it can only use US dollars. But the Philippines' foreign exchange reserves are only a few US dollars, which is only more than 30 billion US dollars. Soros can now directly use more than 80 billion US dollars in cash, which is twice the foreign exchange reserves of the Philippines.

Therefore, Soros first raised the food price too high and bought food futures in a big way to continue to drive up the food price. Let the food price, which has already increased by 10 times, rise again. Therefore, this directly led to the declaration of a foreign exchange crisis after the Philippines' foreign exchange had only purchased more than 10,000 tons of grain. Of course, this does not mean that the Philippines has no foreign exchange, but that it is impossible for the Philippines' foreign exchange to be used to buy food. After all, the Philippines has to use this money to deal with other possible changes in the future.

Especially Arroyo, she is ready to use this money to buy warships. She is really ready to fight with Lin Feng and China on the ocean. The South China Sea is close to the Philippines. Arroyo believes that as long as a certain number of warships are purchased, China and Lin Feng will be in trouble.

Therefore, with the rapid reduction of foreign exchange in the Philippines, Soros used a third-party intermediary to contact the Philippines, threatening to exchange US dollars for some real estate and some company stocks in the Philippines. Under normal circumstances, the Philippines would not agree, but now it is an abnormal situation after all.

At present, the international community has not yet reached a conclusion on the issue of Lin Feng's comprehensive ban on the sale of food. The Filipino people really have no food to eat, and have begun to riot and openly rob. If the Philippine government does not alleviate this situation, I am afraid that the Philippines will eventually return to primitive society. Therefore, the Arroyo government must grit its teeth and buy a batch of grain to temporarily ease the domestic crisis, and then see how the international community is prepared to deal with this matter.

After all, the international community cannot allow this to continue. Moreover, Lin Feng bought so much grain, he can't just keep it and not sell it. If he doesn't sell it, the funds needed to store the grain every day, as well as various depreciation costs, etc., are an astronomical figure.

Therefore, Arroyo doesn't believe that Lin Feng can keep holding on. And if Lin Feng starts selling to other places, the Philippines can directly purchase the grain sold by Lin Feng. At most, it will go a little further and pay a little more for the road. This price is much cheaper than the current grain price, which is more than ten times. At least, the Filipino people can afford this road fee.

Therefore, Arroyo was very excited that someone was suddenly willing to exchange US dollars for Philippine pesos. Although he knew that the other party was here to take advantage of the fire and make money, Arroyo didn't care. Anyway, it doesn't matter who makes money, it's better than letting Lin Feng make money.

Therefore, Arroyo exchanged 10 billion US dollars of foreign exchange in one go, and then used half of it to find the 20% of grain traders to buy high-priced grain. The rest was generally used to purchase various foods that could replace staple food around the world. For example, potatoes, sweet potatoes, pumpkins, etc.

It's time to fight! Arroyo decided to fight with Lin Feng.

"Deng, this time I'm fighting with Lin Feng. I'm betting on the future of the Philippines and fighting with Lin Feng. I don't believe that Lin Feng will persist longer or we will persist longer!" Arroyo called Wendi Deng, "But you must help us create more public opinion in the international community."

"Don't worry, I will do this. After all, we all hope that Lin Feng will be unlucky!" Wendi Deng nodded.

As for creating international public opinion, it is actually very simple, that is, to constantly inform people of various countries of the current plight of the Philippines through various newspapers, and arouse the sympathy of Western people. At present, the sympathy of Western people has not been blamed on Lin Feng for the time being, but Wendi Deng believes that sooner or later it will find Lin Feng. Moreover, Wendi Deng is recording a documentary, a documentary about the food crisis in the Philippines.

No matter how affectionate and real the words and pictures are, they are not as good as the video. Wendi Deng believes that as long as her documentary is recorded and broadcast on TV, the sympathy of peace lovers around the world will be immediately aroused like the Qiantang River, with turbulent waves.

However, before Wendi Deng could make a move, Lin Feng had already made a move. Since Lin Feng decided to make a move, he would not wait for Arroyo and Wendi Deng to make the first move.

"Let me make it clear that the conflict between me and the Philippines is a conflict between us. I hope that other grain traders will not take advantage of the situation and sell grain to the Philippine government at the original price in the spirit of humanitarianism. Also, I reiterate that as long as President Arroyo is willing to apologize, I will immediately bring the grain to the Philippines. And give the Philippines 10,000 tons of grain for free!" Lin Feng said in his speech.

At this time, the international community once again focused on Arroyo. Lin Feng once again expressed his position that as long as you apologize, Lin Feng will take the initiative to contact the ban and give the Philippines 10,000 tons of grain. Is this Lin Feng's sincerity?

Impossible! I will never apologize! Arroyo roared.

What a joke! Why should she apologize? Lin Feng is just a businessman, but she is the president of a country, representing the face of a country. What right should she have to apologize to Lin Feng? Also, 10,000 tons of food is a lot. Can a mere 10,000 tons of food impress me? What a joke. This is ridiculous.

"I never think I did anything wrong! The South China Sea issue is a problem between the Philippines and China. Lin Feng is just a businessman. He has no right to interfere. This time, he provoked conflicts between China and Africa, and believed that he created a famine in the Philippines, causing thousands of people in the Philippines to starve to death. On behalf of the Philippine police, I will issue a global arrest warrant for Lin Feng." Arroyo responded to Lin Feng with the toughest attitude.

Lin Feng is wanted by the Philippines worldwide!

Lin Feng laughed when he heard the news. Want to arrest me, do you have the ability in the Philippines!

"Soros, I know you have already started, it's time to close the net." Lin Feng called Soros.

Lin Feng was naturally relieved about Soros, but he was not at ease. This guy is a lunatic, likes to surprise people, and likes adventure the most. Therefore, Lin Feng asked Abby Cohen to secretly watch Soros. Lin Feng did not let Abby Cohen do anything, but if there was any abnormal transfer of funds from Soros, he would notify himself so that he could be mentally prepared. Don't let Soros cause a lot of trouble for himself in the end, and he still doesn't know anything.

"Haha, okay, boss, you said to close the net, then close the net." Soros laughed.

He was not surprised that Lin Feng knew that he had taken action against the Philippines. And he also knew that Lin Feng asked Abby Cohen to monitor him, and Soros knew all this. He was a smart man, how could he not know. But he didn't care, and it didn't matter. As long as Lin Feng didn't restrict his behavior, that was enough. Soros could accept this kind of surveillance that was afraid of his madness. After all, Soros himself understood that his personality was very impulsive, very extreme, and very easy to do some crazy things. It's also a good thing to have someone monitor himself. Especially if the other party is a "Wall Street legend" like Abby Cohen.

Sometimes, Soros also deliberately mobilized some funds to attack a certain country, to deliberately test whether Abby Cohen could detect his actions, to challenge the authority and ability of the "Wall Street Myth". This is also a pleasure for Soros.

When Lin Feng hung up the phone, Soros made a move.

"Mr. President, Philippine stocks suddenly started to soar!" The Minister of Commerce of the Philippines rushed over.

Stocks soared! Arroyo was stunned. What's going on? How could stocks suddenly soar? You know, since the food crisis in the Philippines, stocks have plummeted. Especially this time against Lin Feng, many investors are not optimistic about the future of the Philippines. They think that with the national strength of the Philippines and Lin Feng, it is a dead end. Even if they don't die, they will be miserable. Therefore, after Lin Feng issued a ban on the sale of food to the Philippines, the stock fell by 70%.

According to the analysis of Philippine financial experts, this situation will continue until the end of this food crisis. Now, why did it suddenly rise?

"There are rumors in the market that Lin Feng's capital chain has begun to break, and he can't hold on to food xxx. In addition, it is rumored that international investors are optimistic about the current Philippine stocks and believe that this is the lowest point for Philippine stocks. They can buy a lot and make profits in the future!" The Minister of Commerce explained.

"Really? Is this source of information true?" Arroyo's eyes lit up. If Lin Feng's capital chain is really broken, it will be a good thing for the Philippines, a great thing.

"I don't know if the rumor is true, but the outside world is saying so. Moreover, the stock god Buffett has just invested in a telecommunications company in our Philippines, spending $300 million and getting 20% ​​of the shares!" The Minister of Commerce said, "I think Buffett has always been the most shrewd. Since he dares to invest, it proves that even if the rumors are not 100% true, at least they are not false."

"Haha, Buffett has also invested in our country, great! You know, Buffett never invests in foreign companies. It seems that Lin Feng's capital chain really has problems this time!" Arroyo applauded and cheered loudly.

In the following days, Philippine stocks have been rising wildly as the rumors from the outside world have said. The original 70% drop not only recovered this time, but also rose 30% over the original stock price, and it is still rising all the way.

At the same time, Lin Feng also held a press conference, denouncing the rumors that his capital chain was broken, claiming that he still had a lot of funds to purchase grain and there would be no funding problems. But before Lin Feng finished speaking, a reporter broke the news that Lin Feng began to sell some grain in small batches. Although this rumor was quickly denied by Lin Feng, the international grain price began to slowly decline. This is enough to prove that Lin Feng’s sale of grain is true.

Under such good news, the stock price of the Philippines continued to soar. It soon exceeded the historical high and rose directly to 6,200 points, and it was still rising all the way. At this time, the whole Philippines was beaming with joy.

You must know that during this rising storm, most Filipinos used all the funds in their hands to buy stocks. It can be said that if all Filipinos sold all their stocks at this time, they would have made at least four to five times their profits. Many Filipinos even joked that no matter how much food prices rise, their stocks can rise even higher and they can earn more. There are even crazy investors who claim that they will no longer grow fruit and will only speculate in stocks. Because the money they earn from stock trading is enough for them to become super rich locally.

The Philippines is booming!

Although some experts questioned that there should be another mystery behind this surge, under the favorable circumstances and all Filipinos believed that they had defeated Lin Feng's malicious xxx food prices, no one cared. And the stock price continues to rise!

At the same time, some people began to engage in loan sharking in the Philippines, lending money to Filipinos to buy stocks! At the same time, Lin Feng also held a press conference, denounced the rumors that his capital chain was broken, and claimed that he still had a large amount of funds that could be used to purchase grain, and there would never be any financial problems. But just before Lin Feng finished speaking, a reporter broke the news that Lin Feng began to sell part of the grain in small batches. Although this rumor was quickly denied by Lin Feng, food prices in the international world began to slowly decline. This is enough to prove that it is true that Lin Feng sells food.

Amid such good news, Philippine stock prices continued to surge. It soon exceeded the highest level in history and rose directly to 6,200 points, and it is still rising all the way. At this time, the entire Philippines was filled with joy.

You must know that during this rising storm, most Filipinos used all the funds in their hands to buy stocks. It can be said that if all Filipinos sold all their stocks at this time, they would have made at least four to five times their profits. Many Filipinos even joked that no matter how much food prices rise, their stocks can rise even higher and they can earn more. There are even crazy investors who claim that they will no longer grow fruit and will only speculate in stocks. Because the money they earn from stock trading is enough for them to become super rich locally.

The Philippines is booming!

Although some experts questioned that there should be another mystery behind this surge, under the favorable circumstances and all Filipinos believed that they had defeated Lin Feng's malicious xxx food prices, no one cared. And the stock price continues to rise!

At the same time, some people began to engage in loan sharking in the Philippines, lending money to Filipinos to buy stocks! ! .