I failed the college entrance exam, but after listening to advice, I became the richest person in th

Chapter 92 $3 million, 3 trillion yen



Chapter 92 $3 million, 3 trillion yen

"Jiang, are you sure the yen will depreciate?"

Musk was very interested in asking this question.

Jiang Feng gave an ambiguous reply: "I'm not sure, it's just my guess. If you believe me, you can try it!"

After a moment's deliberation, Lao Ma made a decisive decision.

"OK, let's give it a try!"

"I also want to take over Japan."

"Let them feel the pain of the ocean!"

"Sonofabitch".

Jiang Feng smiled and warned, "Don't use too much leverage, and don't sell Tesla stock to raise funds."

"Tesla's prospects are definitely better!"

"The decline in the yen's exchange rate is ultimately limited."

Unfortunately, it's impossible to buy a large amount of Tesla stock on the market, otherwise investing in Tesla now would be a good idea!

Old Ma is very clear about Tesla's prospects.

How could someone sell stocks to short the yen?

Not less than

Not less than

He pooled together two billion US dollars from banks, investment institutions, and his own cash reserves, preparing to short the yen!

Is Jiang Feng a fool?

Of course I'm not stupid!

He dared to invest $30 billion to short the yen, which means he must have been very confident; otherwise, he wouldn't have been so reckless.

Therefore, Musk feels there is little risk.

But the profit margin for this stuff probably won't be very high!

He also opted for five times leverage.

They shorted two billion dollars!

"Jiang, if you make money this time, I'll give you a special gift." Old Ma deliberately kept him in suspense, teasing him.

Jiang Feng raised an eyebrow and boldly guessed:

"You're not thinking of sending me a rocket, are you?"

Musk: ( ̄皿 ̄)?

"Fuck, you could have guessed that?"

"Please, besides Tesla cars and Falcon rockets, what other special gifts could you possibly have? You can't possibly be giving me a brain-computer interface chip, can you?"

Musk: "It's not impossible!"

"Fine, you son of a bitch!"

凸( ̄皿 ̄)凸

Soon, Abram and Omar arrived at the farm with the betting agreement, which they signed in the presence of their lawyers.

The agreement stipulates:

The Abram & Omar Foundation contributed $20 billion, but converted it into 2 trillion yen, which was then lent to Jiang Feng!

(Current exchange rate 100:1)

They also provided loan guarantees to help Jiang Feng obtain a loan of 10 billion US dollars from a Japanese bank, which was also converted into Japanese yen.

Borrowing Japanese Yen

Return Japanese Yen

The betting period is three years. If Jiang Feng fails to return the three trillion yen on time, the oil field will be used as compensation.

If that's not enough to pay off the debt, the stocks, futures, farms, fish farms, and salmon farming technology will have to be compensated to Japan.

If that's not enough, the Abram Foundation will take over.

OK

The signing is complete, and the two trillion yen has been received!

Both legal teams secretly exclaimed, "This isn't a betting agreement; it's a damn life-or-death betting agreement!"

Is it necessary to play it so big?

Jiang Feng received a notification from the bank.

He looked at Abrams with a playful expression: "It's a pleasure doing business with you, Mr. Abrams. Please give my regards to Mr. Buffett!"

Oops

Abram was extremely embarrassed. Jiang Feng knew perfectly well that it was Warren Buffett challenging him.

Why isn't he worried?

Is he this confident?

(?_?)?

Why?

After seeing Abram and Omar off, Jiang Feng immediately converted the funds back to US dollars and shorted the Japanese yen.

Five times leverage

Short

10000000000000 yen

抛出

With a principal of 2 trillion yen and leverage of 5 times, short selling is equivalent to selling 10 trillion yen, or a massive order of hundreds of billions of dollars!

The international foreign exchange market is enormous.

You can eat it all with ease!

According to the system prompts—

The highest exchange rate for the Japanese yen was 100:1.

(Reverse 0.01)

Future minimum exchange rate 200:1

(Reverse 0.005)

50% drop

In other words, one US dollar can be exchanged for 100 Japanese yen now, but after the yen's exchange rate plummets, it can be exchanged for 200 Japanese yen.

Buffett and his team spent two hundred billion dollars.

Two trillion yen was exchanged for Jiang Feng.

Borrowing Japanese Yen

Return Japanese Yen

When the yen plummets by 50%, you'll only need one dollar to exchange for two hundred yen, because the yen has depreciated!

Jiang Feng returned 2 trillion yen to Buffett.

at this time

2 trillion yen = 100 billion US dollars

(→_→)

In other words, Warren Buffett received a repayment of $10 billion, resulting in a paper loss of $10 billion!

Jiang Feng only needs to spend 10 billion US dollars to exchange for 2 trillion yen to repay the loan under the betting agreement.

He got $10 billion for nothing!

Stock market guru?

Haha~

Short selling yields a 150% profit, amounting to $30 billion. Adding the $10 billion saving on principal, the total comes to $40 billion!

(Interest deducted for leverage)

A profit of 40 billion US dollars!

It's a pity that the investment cycle is too long, but it doesn't matter. It's not my own money anyway, so what does it matter?

( ̄? ̄)

Mr. Warren Buffett, the stock market guru, still hasn't realized the seriousness of the matter. In his view, even if Jiang Feng wins the bet, he will only lose a few hundred million dollars in interest.

What are the risks involved?

╮(╯_╰)╭

But Abram and Omar were uneasy; they had a strong premonition that history might repeat itself.

PTSD (Post-traumatic Stress Disorder) has appeared, but then I think, what does this have to do with us?

So what if the stock market guru makes a mistake?

( ̄へ ̄)

next day

early morning

Ichiro Moriguchi visited again, bringing with him senior executives from Mitsubishi Bank and Mitsui Bank in the United States.

The loan was personally guaranteed by Buffett.

They were not worried at all about the risks of the loan.

Fast approval

Fast loan

10000 trillion yen will arrive in no time, and this time it won't need to be converted into US dollars.

The funds used for real estate speculation...

When making purchases in Japan, of course you should use Japanese Yen!

It's going to be spent soon.

We're not considering the issue of currency devaluation!

In Japan, Tokyo has the most expensive housing prices. Houses in other cities don't hold their value well, but Tokyo's prices are still relatively stable.

After all, it's the capital city, so the population is very dense!

Some people jokingly say that apart from Tokyo, all other parts of Japan are rural areas, and this statement is not entirely absurd.

Tokyo's scale is unique in Japan, unlike my country where Beijing, Shanghai, Guangzhou, and Shenzhen are on par.

Housing prices vary considerably across different wards in Tokyo.

Chuo Ward, Chiyoda, Shinjuku, and Bunkyo Ward are relatively expensive, costing around ten to twenty thousand US dollars per square meter!

In less desirable areas, the price is even lower than in second-tier cities in China, less than two or three thousand US dollars per square meter!

Even if you buy all of them at $10,000 per square meter.

$ 100 billion

Buying 10,000 sets is more than enough!

Of course, it's impossible to buy only residential properties; commercial office buildings, shops, rental apartments, and land must also be purchased.

Especially school district housing!

With the depreciation of the yen, there will definitely be a surge of international students who will want to buy apartments near the University of Tokyo, Tokyo Institute of Technology, Waseda University, and Keio University.

Ideally, it would be an entire building or a whole residential complex packaged together!

At that time, they will drive up housing prices and increase rents, making things even worse for the Japanese people who are already suffering from the depreciation of the yen, inflation, and soaring prices, and forcing the Japanese government to spend more money on subsidies.

ah~

I wonder how many female college students, housewives, and single working women will be forced into prostitution or even adult films because they can't afford rent. It's truly a tragedy!

My apologies, my apologies...

Should we open another film company?

(→_→)

Jiang Feng was overjoyed to receive the 10000 trillion yen loan and generously treated the livestock to a seafood meal.

Professor Moriguchi asked impatiently:

"Mr. Jiang, time is money!"

When are you planning to go to Japan?

Jiang Feng laughed heartily: "Big Brother, no, Ichiro, I'm even more eager than you to go to Japan to make money!"

"But my whole family is traveling in the United States."

"So, it won't work for the next few days."

Don't worry, good things come to those who wait!

"This money..."

"I'm definitely going to make a profit!"

.


Tip: You can use left, right, A and D keyboard keys to browse between chapters.