Old Lin's words made everyone present tense.
Especially Old Lu, although he had argued with Old Lin for most of his life, he was not an unreasonable person, it was just that sometimes they had different ways of doing things.
When it comes to patriotism and matters of principle, Mr. Lü is still quite clear-headed.
"You mean, the other side has two objectives: one is Chen Dong, and the other is us?"
"Yes and no! Their main target is us. Chen Dong is just a decoy," Old Lin said leisurely.
Everyone realized what was happening and looked surprised and doubtful.
"real?"
"That's really insidious."
"Hehe, we've seen and used similar tactics before. It's just that we haven't seen them much lately. But the enemy isn't nonexistent; they're always trying to subvert us. Cold feet hurt the heart, and public resentment hurts the nation," Old Lin said with a sigh.
"They're trying to make us lose popular support!" the current top leader said. "We absolutely cannot agree to that."
"Yes! We absolutely cannot agree to that. Even if we have to find a way and tighten our belts, we must persevere."
"We've had our share of hardships back then, and even if things are tough now, they won't be tougher than they were back then!"
Everyone chimed in with their opinions, expressing their stances one after another.
Old Lu shared the same idea, even more radical than Old Lin. He even suggested sending someone to Chen Dong's side to protect him and keep him in the country from now on, so he wouldn't run around.
"Forget it. I sent people before, but he didn't do it my way. Although he kept the people, he sent them to Africa to develop there. As you know, Chen Dong has a security company, and his men are all our elite special forces. You can rest assured."
After Old Lin said that, no one said anything more.
"Since our opponents want to deal with Chen Dong, they won't just be issuing warnings; they'll definitely have other plans. We need to make sure Chen Dong and his family are safe. Also, we need to pay attention to his businesses and operations!"
Everyone agreed.
Finally, they discussed how to deal with the recent surge in grain prices.
This meeting lasted until late at night, and the general direction, methods, and approaches were determined.
Everyone then went to sleep.
Old Lin had many thoughts on his mind and wasn't feeling sleepy. However, for the sake of his health, he forced himself to go to sleep.
Of course, before going to bed, Old Lin instructed Secretary Wang to call Chen Dong promptly and remind him to be careful.
Now let's talk about Chen Dong.
As Secretary Wang was about to hang up, he said to Chen Dong, "If you need anything, just let me know. Or if necessary, bring your family and friends to Pengcheng. Our home is much safer than outside!"
"Sigh, I've caused trouble for the country," Chen Dong sighed softly.
"What are you saying? Don't worry, the country will not forget all that you've done for it!"
"Brother Wang, don't worry. You can also tell Old Lin that I will find a way to solve this problem myself and resolve it once and for all."
"Chen Dong, you..." Secretary Wang didn't know what to say!
"Hehe, don't worry, I know what I'm doing."
Finally, the call ended.
After hanging up the phone, Chen Dong fell into deep thought.
When soldiers come, generals will block them; when water comes, earth will dam it.
Following the original historical trajectory and combining it with the timelines of the financial crises in Brazil, Mexico, and Thailand, Chen Dong had an idea in mind. A "slaying the snake" plan gradually took shape in his mind and became clearer.
...
Monday, August 12.
Mexico's foreign exchange market opens.
To the surprise of many involved, a large number of sell orders flooded in as soon as the market opened, totaling approximately $460 million.
This shocked all the commercial banks trading in the market, and they began searching for the real institutions behind these sell orders.
Such a large sell order must come from either a commercial bank or a hedge fund.
Those foreign exchange traders were well aware of this.
However, what raised their concerns was that normal currency exchange by commercial banks would not suddenly see a single-day outflow of $460 million, even though the daily trading volume in the Mexican foreign exchange market is quite large.
Moreover, even if a commercial bank wanted to secure this sale, it would take considerable time to raise the necessary funds.
If the other party is a hedge fund with malicious intent, then commercial banks, as the counterparty in the exchange, need to think carefully.
If they don't examine the situation and simply take the order, they are very likely to be the ones who ultimately suffer the losses.
Because if the Mexican peso depreciates at some point in the future, their dollar capital will shrink dramatically.
Therefore, the traders at these banks did not dare to delay and immediately reported the situation to their respective bank executives.
However, ordinary small and medium-sized banks could not possibly absorb such a large sell order, so the sell order remained on the market until it eventually came into the view of several large commercial banks in Mexico.
Of course, all the major banks were very cautious about whether to take on this deal, so they all held high-level meetings.
“We also have limited dollar capital, so I suggest we don’t exchange it and let them find another bank.” At an internal meeting of the Mexican Development Bank, Juan, a bald elderly man, was explaining his views on the unusual situation in the foreign exchange market.
The Development Bank of Mexico is a major and influential bank in the country.
It stands alongside several large banks, including the Foreign Trade Bank and the Public Works and Services Bank.
This time, they encountered a sell order of $230 million.
Juan is the vice president of the Mexican Development Bank, in charge of foreign exchange operations.
He reported the situation to the president as soon as the large sell order appeared.
Both of them felt that the matter was of great importance, so they urgently convened this small meeting.
"I disagree. While this level of exchange is uncommon, it has occurred in the current foreign exchange market. With our foreign exchange reserves, we are fully capable of absorbing this sell order. So why should we reject it and allow other banks to profit?"
The objection came from Yanisan of the International Investment Department.
He was a man who had recently come to power and was known for his tough style and great courage.
Under his leadership, the International Investment Department has consistently achieved excellent results in overseas markets.
Therefore, his opinions were taken seriously by the bank's senior management.
"Not to mention, we have plenty of time and ample capital to buy more dollars in the foreign exchange market. Doing so would not result in any loss for us; on the contrary, we would reap a high exchange fee. Why not do it? Is it really true that the older you get, the more timid you become?" Yanisan said calmly, his words dripping with sarcasm.
......
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