Chen's three sons have been suppressed for half their lives, and now they are stepped on by two younger generations. The old father is old, and they are both forbearing and making their own calculations.

Hando Steel Group officially announced that it was forced to go bankrupt due to its inability to repay its high amount of debt.

Daying Group claims to acquire Handao Steel for 400 billion, and the specific details are still under negotiation.

Chen Yu took the opportunity to formally lay off about 50,000 workers, held a press conference, and personally announced that the layoffs were to adapt to the new strategic development of Shunyang Group.

Then he preached the history of Shunyang Group, emphasizing that in the past sixty years, it has been able to get out of the crisis and achieve better development every time, and this time will be no exception. He also explained the future development direction in detail, hoping that the public would be interested in Shunyang.

Have confidence.

After the press conference, Shunyang Capital was asked to boost the stock, and the stock closed in an upward trend that day.

Xiancheng Daily praised Shunyang Group for not being afraid of the crisis, adjusting its direction and facing the difficulties, and used Han Do Steel for comparison.

The ignorant Bangzi began to take out loans and invest in Shunyang. The stock rose steadily the next day. After losing their jobs, they chose to fight to the death.

Because of layoffs, Chen Daojun went to Chen Yangzhe to argue, but was scolded.

Two days later, Shunyang Group announced its entry into the Internet and began to recruit scientific and technical personnel, and its stocks rose again.

Although he won't see any profits from building a social platform or portal website in the short term, Chen Yu doesn't expect it to make any money either.

The funds withdrawn by Shunyang Group began to be converted into US dollars, which made the foreign exchange reserves even worse.

Handao Steel was eventually acquired by Daying Group for 500 billion, with capital coming from Chen Daojun and Chen Dongji.

In March, Sammy Integrated Steel announced that it was bankrupt and unable to repay loans, and the bank added a bad debt.

In comparison, Shunyang Group's stock rose again, and internally began to sell stocks secretly.

These operations of Chen Yu made Chen Yangzhe frightened. It took him a long time to explain to him, and finally he said nonsense: Shunyang Group will become the savior in the eyes of the common people.

As of the end of June, Shunyang Capital has exchanged more than 20 billion U.S. dollars. Naturally, these funds will be eaten by "Short-selling Master George".

A person has the ability to subvert a country. Who is supporting him? The answer is self-evident.

That is the Yankees and a group of younger brothers, harvesting unscrupulously.

On July 2, George took action and the financial crisis swept Asia.

Yazhen Automobile declared bankruptcy. President T tried to continue to allocate funds from the bank to revive Yazhen. However, foreign capital sold off and the bank also faced bankruptcy.

At this time, the entire Bangzi was about to face the crisis of bankruptcy, and President T hurriedly held a meeting.

At the meeting, he solemnly asked the major chaebol groups to recruit funds and work together to save the country. However, in order to strengthen their monopoly, the chaebols have relied on bank loans to operate in debt in recent years, and they have long been unable to do anything.

After the meeting, President T begged Shunyang Group to merge with Yazhen Automobile, so Chen Yangzhe hurriedly found Chen Yu, and the two talked in the study.

"We must acquire Yazhen Automobile!"

"Why? This is a critical moment. To help those workers, all my previous efforts will be in vain!" Chen Yu said half-truth, and it was easy to deceive the assistant about some things.

"You know Shunyang started its fortune with the first truck. We have a special affection for cars."

"We in Shunyang also have our own car!"

Chen Yangzhe suddenly roared: "Our technology is not as good as Yazhen, you know this."

He found out that Chen Yu really didn't want to acquire Yazhen. He only needed to be good at building cars, but he didn't come here to develop the economy.

"Acquisition is possible, I suggest you go to Chen Daojun. That guy is not short of money. He made 100 times his investment in Amazon."

Chen Yu still hasn't figured out what that guy is thinking, and hopes he will stand up and confront him.

Two foxes, one old and one young, started to have Chen Daojun's idea, which was considered a kind of test.

Chen Yangzhe first communicated with the general manager and then held a press conference.

"The crisis has arrived, and Shunyang Group has the obligation to contribute to the country. We choose to share the suffering with Yazhen Automobile, so that we can both prosper and suffer."

The audience in the audience and in front of the TV kept shouting.

"On behalf of Shunyang Group, I hereby guarantee that after the acquisition of Yazhen Automobile, the workers of Yazhen Automobile will be fully retained..."

The crowd went crazy and started dancing to celebrate.

Chen Yu began to ruin his own business, and Shunyang Group's stock price plummeted. Chen Yangzhe went to find Chen Daojun, and the two divided their labors and worked together to play tricks.

Chen Daojun did not disappoint, spending 1.5 trillion to help Shunyang acquire Yazhen Automobile.

Chen Yu stood up and spoke out from time to time, hoping that the public would maintain confidence in Shunyang Group, but the result was that the more he shouted, the faster the stock fell.

The currency is depreciating day by day, which means that the money in people's hands will become less and less valuable, so many people will choose to exchange the money in their hands into foreign currency before the country goes bankrupt to reduce their losses.

Unemployment has become commonplace, the number of people sleeping on the streets has also increased sharply, many families have lost their financial resources, and separations, divorces, suicides and other phenomena are also increasing.

In November, the total foreign debt reached more than 100 billion US dollars, two-thirds of which are due at the end of the year. If these debts are not paid, the country will officially go bankrupt.

General T was forced to purchase a large amount of foreign currency to save the local economy, causing the local currency to further depreciate, from 981/USD at the beginning of the year to 2067/USD now, and was forced to step down afterwards.

Daying Group is secretly controlled by Li Daojun, while several other large chaebols are also facing bankruptcy.

In 1998, the new General T took the lead in calling on everyone to donate money to save the country. In three months, a total of more than 2 billion US dollars worth of gold was donated, but it was only a drop in the bucket.

The entire Asia is losing money. Shunyang Capital is following George to eat the meat, and now it wants to be the first to harvest the sticks.

Chen Yu asked Chen Yangzhe to invite the newly appointed Lao Jin to come to Zhengxinzhai to discuss matters. It was time to become the savior.

Lao Jin was panting a little when he rushed over, drinking coffee as water. It was obvious that he was under a lot of pressure.

"How many dollars are needed to save lives now?" Chen Yu became proactive.

"At least 50 billion US dollars are needed!"

Chen Yangzhe exclaimed: "So many?"

"I want to know how you will use this money?"

"Of course it is to stabilize large enterprises and save the local economy."

"Shunyang can disburse this money, but the requirements are roughly the same as those of the IMF."

Lao Jin cursed angrily: "Assholes, you finally showed your ugly face..."

"Presumptuous, please pay attention to the attitude of your words. The Yankees are the culprits. Shunyang just saw through their conspiracy in advance and chose to protect himself out of all kinds of desperation. Now that you have a chance to save it, it depends on how you choose!"

Louder than his voice, Chen Yu is no weaker than anyone else. He can fall apart with just a slap on the table.

"Why? You already earn enough."

"A serious illness requires strong medicine. You are not qualified to negotiate terms. You can only accept it or not."

Lao Jin took a deep breath, and after thinking for a long time, he uttered three words with difficulty: "I agree!"

The conditions are that the non-performing financial institutions and companies that Shunyang likes need to undergo intensive structural adjustments, the shareholding limit for acquisitions is increased to 51%, and bank acquisitions are allowed.

After the negotiation was completed, Chen Yu directed Shunyang Capital to start buying the stock market at the bottom and held a press conference in person;

"In the past year, I have been very disappointed and have repeatedly called on you to trust Shunyang Group."

The beginning was heartbreaking, causing the audience at the scene and in front of the TV to curse. The police were under great pressure and must be responsible for the safety of the sponsor, otherwise they would become criminals.

"You think that Shunyang Group is protecting itself and does not care about the lives of workers, so you abandon the stocks in your hands."

"Isn't it...you are vampires...you have to die...how can you hold on even if the stock price crashes..." There are all kinds of ugly language.

"Don't be impatient, let me finish my words before you scold me!" Chen Yu slapped the podium angrily and scolded: "Can you do it?"

"Shunyang Group has always cared about people's livelihood, made great sacrifices, raised US$50 billion from external sources to save the country, and tried its best to turn the tide and support the building from collapse."

The scene fell into silence for an instant, and then broke out into earth-shattering shouts. How much local currency can the current 50 billion US dollars be exchanged for?

"If you still hold shares of Shunyang Group, I would like to congratulate you in advance. The hard days are over!"

When Chen Yu turned around and stepped down, a group of men in black suddenly pulled out guns and started shooting indiscriminately. The police tried their best to cover him, and both sides suffered casualties.

These are actors hired with money. They are acting with their lives. The purpose is to let the stickmen understand the truth. Shunyang Group has broken through the bottom line of the Yankees, and the life of the leader is threatened.

The economic crisis is passed on by the Americans, and the hatred of the common people should also be borne by them. Shunyang Group only acts as a savior.

This sentence was said to Chen Yangzhe. Now that the promise has been fulfilled, it doesn't matter whether he is the heir or not.

The industries controlled by Shunyang Capital include: electronics, semiconductors, construction engineering, shipbuilding, finance, banking, insurance, biopharmaceuticals, chemical industry, medical care, aviation parts, arms manufacturing, clothing, hotels, automobiles, etc.

Wall Street worked so hard to harvest, but was intercepted by Chen Yu in advance. Naturally, the Yankees had objections, and the assassination became a reality.

Chen Yu appeared in the newspaper every two days, and the content was about the heir of the Shunyang Group who was attacked again and the policemen heroically protected him.

Foreign capital has entered the market one after another to buy the bottom. As the same saying goes, it is impossible for a group to buy the bottom of a country. If there is meat, everyone can eat it together.

Except for the Shunyang Group, all other chaebols are controlled by Wall Street. The economic lifeline has been completely controlled, and the gap between the rich and the poor has become increasingly serious.

In August, Wall Street repeated its old tricks, causing a financial crisis for the fighting nation. However, the result was that both sides suffered losses. The U.S. dollar fell into crisis. Shunyang Capital took the opportunity to short-sell, arousing their anger again.

The stickmen like to flatter the strong from the bottom of their hearts. If they can defeat the Yankees, they will naturally be the strongest among the strong. They regard Chen Yu as their idol, and they will be as heroic as they are in their guard work.

Chen Daojun felt very sad, everything had gone off track, and he suspected that Chen Yu was also a reborn person.

Shunyang Capital's money is mainly used in banks and real estate. The undeveloped land in Xinshi Town has been completely acquired and will be turned into an entertainment city.
Chapter completed!