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Super Rich System: From Loser to Tycoon Chapter 347: Could This Be Part of Mr. Smith's Strategy?
"I suspect Mr. Smith's next move will involve strategically injecting funds into the market while simultaneously disseminating misleading information to trigger a significant devaluation of the yen.""This devaluation, coupled with the circulating misinformation, will prompt widespread currency sell-offs in favor of gold, fracturing Nikrosia's entire economic structure. As the economy collapses, the yen will plummet to unprecedented lows.""At this juncture, he'll repay the bank loans. The disparity between the devalued yen and the yen borrowed initially will be astronomical, effectively transferring a substantial portion of the nation's wealth into his hands."Despite Old Mr. Clark's simplified explanation, Daisy still grappled with the concept. She tentatively summarized, "So, Grandfather, if I'm understanding correctly: We borrow 100 yen from Nikrosia's banks. When the yen devalues, those 100 yen might only be worth 10 yen of their original value. By repaying the loan at this point
Super Rich System: From Loser to Tycoon Chapter 348: Harbingers of Economic Crisis
Old Mr. Clark's extensive network proved invaluable. Within an hour of leaving with Daisy, they had invested $10 billion into a securities firm called Xinye Corporation Limited.Armed with the investment agreement, they strode into the bank. Inside, they were greeted by Old Mr. Clark's contact from the previous night, who promptly ushered them into a VIP room.After a brief discussion, the insider promised to secure a $500 billion loan based on the investment agreement and Old Mr. Clark's asset certifications.This astronomical sum was only possible through the combined efforts of various banks across Tukyo City and Nikrosia's four islands and five major cities.Old Mr. Clark and Daisy's team had achieved a resounding initial success.Unbeknownst to them, such a substantial loan would have been inconceivable under normal circumstances.Most banks in Nikrosia were controlled by six major financial conglomerates, which typically required approval from their board chairmen for loans exce
Super Rich System: From Loser to Tycoon Chapter 349: First Attack
Sebastian Parker's declaration was met with nods of agreement from the other conglomerate chairmen."Well said, Mr. Parker. The spirit of the Nikrosian Empire cannot allow us to falter, especially at this crucial juncture.""If we're resolved to resist, let's unite our banks, petition the Emperor, and mobilize the central bank's foreign exchange reserves."While the tycoons' patriotic fervor was admirable, they grossly underestimated Evan's capabilities.Evan had long anticipated this move and was poised to counteract.Early the next morning, all banks under the six conglomerates reported the previous day's economic turmoil to the Emperor and Parliament. The legislators swiftly decided: Nikrosia would deploy its foreign exchange reserves, with the government standing in solidarity with businesses, banks, and citizens. They assured the public that the yen's devaluation would not persist beyond three days.The Emperor's proclamation elicited a subtle smirk from Evan. He promptly contact
Super Rich System: From Loser to Tycoon Chapter 350: All-Out Effort
After a prolonged silence, Iwasaki ventured, his voice quavering: "Mr. Parker, if we were to commit our entire personal fortunes to this endeavor, what are our odds of victory?""Mr. Parker, you're the only one among us who has crossed swords with this young man in Elysia. Based on your assessment of his character, what chances do you give us?" another chimed in."Indeed, Mr. Parker. In your estimation, what is the probability of our triumph in this battle?" the remaining conglomerate chairmen echoed, their voices tinged with trepidation."I cannot say with certainty," Parker replied, fully aware that their chances against Evan were virtually non-existent. However, he dared not voice this grim reality. To do so would be to extinguish any remaining will to fight among these men, who would then likely abscond with what remained of their wealth. "What I can tell you is this: at present, this gambit represents our sole remaining option. We have no other recourse.""Very well. If Mr. Parke
Super Rich System: From Loser to Tycoon Chapter 351: Economic Warfare
Daisy's eyes sparkled with admiration as she replied, "Mr. Smith claims he's as rich as a nation. Tsk, tsk. A man of wealth, looks, and talent—truly the perfect package. I knew I hadn't misjudged him."Adam could only respond with stunned silence.Evan's journey to the futures exchange where Daisy and Adam were stationed was purposeful. He intended to relay real-time information about Nikrosia's domestic situation to Jeremy and Philip in Elysia, facilitating their currency market transactions.After all, it was time for him to make his move.En route, Evan placed a call to Jeremy and Philip:"Jeremy, Philip, I'm about to take action. From this point on, I need you to divide your efforts. One of you should continue to manage public opinion, while the other focuses on financial operations—specifically, using yen to purchase dollars in the forex market.""I'll provide you with up-to-the-minute updates on Nikrosia's internal developments and transfer funds as needed."Jeremy and Philip re
Super Rich System: From Loser to Tycoon Chapter 352: Cat and Mouse
The detailed displays before them laid bare the stark reality—they could clearly see the influx of that $350 billion."What manner of monster are we dealing with? To wager $350 billion in a single move!""Is this an attempt to annihilate us completely?""Mr. Parker, can that young man truly possess such astronomical wealth?"Sebastian Parker's complexion turned ashen. Gritting his teeth, he struggled to maintain composure. "Gentlemen, let's not lose heart. Our opponent may be wealthy, but he's still human. His resources, however vast, are finite. This is merely the first influx of reserves. Other nations will follow, and ultimately, we have our own citizens to rely on."His words offered a glimmer of solace to Iwasaki, Gun Field, and the others. Indeed, more foreign exchange reserves from other nations were forthcoming, not to mention the support of their own populace.Yet, while his words comforted his colleagues to some degree, Sebastian Parker himself was devastated. His already fr
Super Rich System: From Loser to Tycoon Chapter 353: A Laughable Resistance
This dire situation forced the Emperor and members of the National Diet to issue emergency decrees. They ordered the expedited arrival of aircraft carrying foreign exchange reserves from other nations. Simultaneously, they made an impassioned plea to all Nikrosians, urging them to stake their personal fortunes alongside the government and corporations in a united front against this external threat.These inflammatory rallying cries ignited a fervor across Nikrosia."If it's a fight the Elysians want, then by the gods, we'll give them one!" roared voices from the streets."To think that a mere Elysian youth could bring us to the brink of national ruin! Damn him! I'll wager every last yen to my name. Let him face the full might of the Nikrosian Empire!" another citizen bellowed."Indeed! We'll match his game with our own resources. Does he truly believe he can single-handedly vanquish the Nikrosian people and the entire Southeast Asian bloc?" echoed yet another impassioned voice.Meanwh
Super Rich System: From Loser to Tycoon Chapter 354: The Final Gambit
By this time, the initial $2060 billion had already been distributed from the Bank of Tokyo to local banks across Nikrosia.This infusion of $2060 billion did indeed have a substantial impact, pulling the yen back from a 35% drop to a more manageable 13% decline. This development sent waves of jubilation through the Nikrosian populace."At last, we're seeing a recovery!" exclaimed one citizen. "Look, it's been an hour, and the exchange rate hasn't dipped further. We must have stabilized!""Indeed, we've found our footing," another agreed. "If we Nikrosians make one final push, investing our personal savings for the nation's sake, we might just break even!""It's true! Our yen hasn't fallen further. Perhaps that Elysian youth has exhausted his resources," a third speculated. "We should guard the airports; we can't let him escape without facing consequences!""Don't be naive," someone retorted. "He's likely not even in Nikrosia. These forex futures can be traded from anywhere in the wor
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