1874 Money and Money and Money
In the bank's lounge, the presidents or board chairmen of the seven major federal banks were sitting here. They were all here to sign the contract or witness this moment.
When everyone's signatures were signed and the contracts in hand were exchanged with Lynch, this weird transaction ended with people applauding willingly or unwillingly.
At this time, they all came to the lounge to take a rest.
Lynch won't let them leave as soon as they sign the contract, and they may not leave either.
In fact, the entire matter was handled by the Federal Reserve Bank, which finally convinced five banks to be willing to transfer this part of the debt at a low price.
If we want to say we suffered a loss, we definitely suffered a loss. Three billion became 450 million.
It is difficult for everyone to explain to shareholders that they have lost so much money all at once.
But if this debt is left alone, it may not be recovered within thirty to fifty years.
First of all, the price of Fula has completely collapsed, the country of Guevra has been damned, and the domestic wealth has been plundered by the Pengeo people.
Even if the federal government lifts the blockade on Fula at this time, it will be difficult for Fula to get back up.
The country is destroyed and the gold is plundered. There is no difference between it and paper!
In other words, if the Gefra government decides to use the already worthless fra to pay off the debt, the billions of fra may not be as valuable as the scraps they are!
Fifty years may not be enough until the price rises again and they can afford to pay back the debt.
Can three billion fifty years from now be the same thing as three billion now?
On the contrary, it would be more affordable to transfer this debt to Lynch.
First of all, Lynch not only simply used 450 million to acquire this part of the debt, but also provided a low-interest loan of 1.55 billion to the five major banks with a cycle of four years.
In this way, the five major banks have received a total of approximately 2 billion in funds in the short term, and the Federal Reserve Bank has also agreed to provide them with a batch of low-interest loans worth 1 billion, with the same time limit.
In this way, they have three billion in cash.
With the announcement of the new policy, international funds will quickly enter the federation, and these international giants will not use all their own money like fools.
They will also seek loans from banks.
The interest rates these people get for bank loans are much different from the interest rates offered to them by Lynch and the Savings Bank.
The current loan interest rate of Jinhui Bank is 11.3% a year, taking 3 billion as an example.
If all three billion are loaned out, then the interest in one year will be about three hundred and thirty-nine million, and in four years it will be one billion three hundred million.
1.3 billion plus the 450 million paid to them by Lynch. Through this transaction, they actually reduced the loss of 3 billion to about one billion.
No one is a fool. Compared with the 3 billion that God knows when, the most correct choice for bankers is to properly repay at least 1.5 billion in four years.
The boards of directors and shareholders' meetings of the five major banks passed the vote almost without any suspense after intense discussions.
Without the unanimous consent of so many people, the boards of directors of the five major banks would not dare to privately pay off so much debt at a low price.
For Lynch, he may lose about 400 million in interest.
Even if it's 500 million, plus the actual expenses he paid, it's less than 900 million, and he has a debt of 3 billion.
For those who are incompetent, this is a big bad debt.
But for Lynch, who already had a comprehensive plan, he made a steady profit of at least 2 billion!
Sometimes it is easy to discover opportunities, but the difficulty is the ability to turn opportunities into benefits.
Not everyone has this ability!
As for the Federal Reserve Bank, it looks like they will lose about $400 million in four years if they lend out one billion.
But their billions of bad debts will be reversed, and both the board of directors and shareholders are willing to bear this price.
The result is that everyone gets what they want and everyone is happy.
"I suggest that we drink to the successful signing of the contract!"
The chairman of the Federal Reserve Board of Directors was delighted. He had talked to Lynch about these debt-to-good issues before.
Lin Qi was not secretive and generously told him the general method.
They actually tried to contact the government-in-exile in private, and the government-in-exile expressed complete disapproval of the debts they proposed.
Therefore, their last choice is either to transfer the debt to Lynch at a low price, or to cooperate with Lynch.
In the end, they chose the answer that was most beneficial to them.
Truly everyone is happy!
After drinking champagne and chatting for a while, everyone left one after another.
Before the federal government's new policy is implemented, some companies are increasing their lending efforts and want to take the opportunity to borrow more money.
Otherwise, it will be difficult to borrow more money once the policy starts to be implemented.
So the big shots in these banks were also very busy. After shaking hands with Lynch one by one, they left here.
But the chairman of the board of directors of the Federal Reserve Bank did not leave, and he and Lynch then went to the Gevra government-in-exile office building.
In fact, from the current perspective, the government-in-exile does not look like "exile" at all. With its splendid halls and luxurious decorations, no one will believe you if you say it is in exile.
But it is indeed a government-in-exile!
As soon as the two entered the hall, the young count took the initiative to greet them. He waited for a while.
When the chairman of the board of directors of the Federal Reserve Bank saw the relationship between Lynch and the little earl, he was slightly relieved and a little emotional.
The reason for sighing a sigh of relief was that Lynch's plan would work. The reason for sighing was that he had been talking for a long time to no avail, but Lynch obviously had stronger control over the exiled government than the federal government.
Some people are not only good at creating miracles, they are also miracles themselves!
The three of them shook hands and then arrived at the little Earl's office. Two crossed Gefra flags hung on the wall behind them, with the little Earl's family crest hanging in the middle.
Yes, it belongs to the little earl's family, not the royal family.
Since the fall of Gefra, the royal family has been swept into the garbage heap.
On the periphery of the family emblem of the little earl, there are twenty-four smaller emblems, which are the emblems of the nobles who make up the government-in-exile, and they form a whole.
After the three of them chatted in the office for a while, the chairman of the board of directors of the Federal Reserve Bank found an excuse to stand up and leave.
He came here just to confirm with his own eyes Lynch's influence on the exile government. As the most low-key but most powerful economy in the Federation, many times they are clearly "guests", but they behave more powerfully than the "hosts"!
Only this time, it obviously doesn’t work!
After the others left, Lynch and the little earl chatted about the recent situation and recent events, and agreed on a time to go hunting together, and then left.
After Lynch left, Gevra's government-in-exile held a press conference.
In the past, the young earl was relatively low-key, but with his continuous exposure, the federal people now accepted the fact that a young man could speak on behalf of Gaevra.
At the press conference, the young count made three points.
First, the Ghafra government-in-exile recognizes all legal international debts before the fall of Ghafra and hopes that creditors can come to the federation as soon as possible to submit relevant certificates.
As long as it can be proven that these debts are legal, it will naturally be repaid when they have excess money after Gaevra is rebuilt.
Secondly, in view of the current urgent situation on Gefra Island, it is also to be able to return to the island earlier.
The Gafra government-in-exile hopes that organizations and individuals around the world can actively provide help to the government-in-exile.
Including but not limited to financial donations, providing arms and weapons, and providing military support, etc.
Third, the Ghafra government-in-exile will establish a temporary general headquarters and rent a place within the federal territory to conduct military training.
I hope that all Gaevra people who are willing to counterattack and even liberate the island, as well as non-Gaevra people who are willing to help, can gather here.
They will launch a major counterattack on the island at the appropriate time!
These three pieces of news immediately attracted worldwide attention as soon as they were reported. In fact, there are still many Gefra people in exile, and not all of them have come to the Federation.
Some of the Gaevra people who were in exile in other countries immediately got up and went to the Federation after learning the news, to provide as much help as they could for the liberation of Gaevra.
Of course, some governments in the international community have also begun to donate money, and it is very lively...
September quickly left people behind in the hustle and bustle of international wars and international politics. Starting from October, many investment waves appeared across the federation.
At the same time, there were also a large number of job vacancies, and the federal government once again opened a limited window for labor immigration.
Each immigrant worker can bring two immediate family members.
Workers must complete a minimum of five years of on-the-job employment in the Commonwealth before they can obtain permanent residence in the Commonwealth.
If you don't find a job within three months, you will be deported.
As soon as the window opened, a large number of immigration applications flooded in.
Now the whole world is in turmoil, but the Federation is like heaven!
The war in the Eastern Continent is still going on. After careful planning by the military, they will airborne on a certain day in early October. No one knows the specific time. This is a top-secret military secret.
On this day when the weather is getting colder, Lynch has another fucking birthday!
On his twenty-eighth birthday, it has been ten years since he came to this world.
In the past ten years, he has completely integrated with the world, and many times he will even forget his past identity. This year's birthday seems to have extraordinary significance to him!
But on October 6th he left Boupen and went to see Catherine.
As the mayor, Catherine cannot leave her place of work casually. She cannot come, so Lynch naturally has no choice but to go.
After a few days of in-depth communication between the two, Lin Qi returned to Bupen...