Rebirth: Super Banking System Chapter 2535 - 2373: Continuing to Flood the Market

~4 minute read · 1,064 words
Previously on Rebirth: Super Banking System...
The Eurozone plunged into crisis amid relentless negative news, with exchange rates falling for a straight week and sparking widespread panic selling. Leveraged private equity firms incurred massive losses, confidence shattered by stalled expansions and Greece's withdrawal, as several US consortiums shorted the Euro under Tang Qing's orchestration. Eurozone leaders fumed helplessly against the limited assault, unable to rally full EU unity. In Shanghai, Tang Qing gleefully printed over fifteen trillion Asia Dollars, exchanging them for Euros to snap up assets.

U.S. consortium.

Merely an assist.

After all.

Expecting them to land the decisive strike on the Euro makes no sense. Their tangled marriage alliances spark conflicts yet stop short of utter annihilation.

Thus.

Tang Qing merely leveraged the consortium to stir the pot even more.

The lethal strike.

Will originate from the fighters.

Once Portugal departs the Eurozone, the Euro itself enters a ticking countdown. It won’t drag on long; come early next year, the scheme starts concluding.

At that point.

The Asia Dollar faces just a single foe.

...

Any sharp plunge in a global currency turns into a bonanza for trend-savvy players. The Euro’s tumble proves no different.

Over recent years.

Earning profits.

Stands as a prime mission for the fighters.

Essentially.

Finance.

Both key arenas advance powerfully. This round, amid the Euro’s steep decline, the fighters reaped massive gains from financial markets, hauling in enormous earnings.

This cash.

Hundreds of billions.

Won’t thrill Tang Qing, the money-printer extraordinaire. Yet it serves as the wedge to smash the Euro flat, the fuel for assaulting it.

Without that.

This cash.

Tang Qing wouldn’t waste effort chasing it.

...

Right now.

Myanmar.

Naypyidaw.

Observing the turmoil in Ou Meng and the Eurozone spiraling into total disarray, Kan Qin felt a wave of bewilderment. What game are they running?

Internal squabbles?

Self-inflicted wounds?

Can’t sit idle without stirring chaos?

Truth is.

His grasp on European affairs remains shallow. He simply recognizes the Asia Dollar surging forward during this Euro slump.

Over a month.

More than ten billion.

Casually unleashed, leaving him stunned by Ling’s audacity.

For starters.

Printing over ten billion Asia Dollars so wildly—aren’t they scared of a bank run? How do they stabilize the Asia Dollar’s exchange rate? Plus, Myanmar Central Bank keeps the presses rolling.

Secondly.

Kicking the Euro while down, then facing retaliation post-recovery—won’t that ignite a brutal showdown with the Asia Dollar? Way too intense.

Kan Qin observed nervously.

Either case.

Could spell disaster for the Asia Dollar. Remember, U.S. and Europe share blood ties, like siblings in separate homes. Whenever Euro clashes with Dollar.

Bystanders take the hits.

Hence.

Down the line.

Should the siblings patch things up and pivot to crush outsiders jointly, trouble looms. Particularly with Asia Dollar profiting from the mayhem.

Frankly.

Kan Qin frets deeply.

Still.

Ling oversees every Asia Dollar matter. Kan Qin refuses to think Ling overlooks the risks. Ling surely has his strategies.

That said.

Lacking insight into those strategies, anxiety gnaws at him.

...

Nations.

Have spotted the Asia Dollar surge.

Yet dismissed it lightly. Since precise Asia Dollar volume stays locked in Myanmar Central Bank, even if transactions scatter worldwide.

Still.

All aggregated ledgers reside at the Central Bank. Like Dollars: beyond physical notes, every digital Dollar move worldwide.

Happens on U.S. ground.

Thus.

Outsiders sense the Asia Dollar influx but lack firm figures. Various nations speculate hundreds of billions.

Or surpassing a trillion.

Plenty?

Indeed.

However.

Faith in Asia Dollar holds firm.

Quite straightforward.

Currently.

November now, next subscription merely three months off. Myanmar poised to snag orders topping $400 billion.

Thanks to deals.

Within those.

Over three-quarters of deals likely shift to Asia Dollar. Thus, inflows to Myanmar could top $1.2 trillion.

Therefore.

Unless it spirals wildly out of control, no panic over Asia Dollar flooding.

...

Amid such outlook.

Late November.

Two weeks.

Within a mere two weeks.

Asia Dollar flood volume blasted past one trillion. Crowds rush to acquire Asia Dollars early, gearing up for next March’s subscription payments.

Now then.

The Asia Dollar deluge.

Stunned the globe.

On the 30th.

Myanmar Central Bank revealed: over past two months, flood hit 2.6 trillion Asia Dollars. Dollar equivalent around $550 billion.

In a flash.

Global jaws dropped.

"God!"

"Myanmar Central Bank lost its mind? Cranking out that much? Rivals U.S. prior quantitative easing."

"Unbelievable."

"Bold move."

"Don’t get it wrong, Asia Dollar issuance isn’t just about the figure—much of it flows back to Myanmar for their products."

"Right, no spillover."

"Yes."

"In addition, the surplus Asia Dollars act as a boost to the Euro's payment sector, entirely distinct from outright quantitative easing."

"..."

A sweeping purge raged beneath the surface.

Panic?

None.

The reasoning rang crystal clear: they're spending funds, yet they possess the power to generate returns, much like America's trillions in quantitative easing, which it's weathered without collapse.

Moreover.

Asia Dollar funds aren't flooding an overflowing basin; instead, they're supplanting the Euro's trading arena, avoiding any huge Asia Dollar deluge.

Pegged exchange rate.

Currency remains steady.

Ultimately.

The Asia Dollar suffered zero adverse effects.

Quite the opposite.

Its standing grew even firmer. Folks now reflect on the pre-October 'deluge' of Asia Dollars, and with that 2.6 trillion added, it nears five trillion.

Utterly insane.

It's verging on the Asia Dollar's 'credit ceiling', thankfully without breaching it.

...

Eurozone.

Witnessing this.

Utter rage!

Livid.

Our region's already in turmoil; it's tolerable that conglomerates exploit and plunder, but a tiny Southeast Asian nation grabbing a chance to strike while we're down? Intolerable.

Yet.

Countering the Asia Dollar proves impossible; past efforts proved the Eurozone alone can't destabilize it. Right now, the Eurozone wallows in total internal disarray.

Leaving no bandwidth for other matters.

"The core of all these troubles and protests remains Portugal's debt crisis—why not force its exit and relieve the domestic strain first?"

A key Belgian official declared.

Right now.

Inside Eurozone nations, resistance brews against indebted partners, while outside forces block Euro growth. Utterly trapped, profoundly agonizing.

Suppression eludes them.

Hearing this.

An analyst nodded in support.

"Not a terrible plan—settling Portugal's mess would ease inner tensions, letting us tackle outside threats."

"Impossible, abandoning Portugal? What would the world think of us?"

"So what's your solution?"

"No option works."

"Obstinate."

"Surrendering carries excessive price."

"..."

For a moment.

Fierce debate erupted. Each faction held merit, yet the crisis struck from within and without. Should Portugal depart, domestic chaos might vanish.

Next.

With Eurozone solidarity intact, victory over this turmoil was assured, restoring the Euro's path.

Abruptly.

Amid the clash, a loud thud echoed, silencing the chamber. Glances showed an economist slamming the desk, proposing:

"What if Portugal stages a pretend exit?"