Coin Tycoon Also Goes to Work - Chapter 280



Only Noblemtl
Read Novel Noblemtl

Episode 280

When most people think of resorts in southern Italy, this is the place that comes to mind. Places like Naples, Sorrento, and Amalfi.

The place I decided to buy it was the island of Ischia.

The largest island in the Bay of Naples and a popular tourist destination, Ischia is also famous for its healing spas.

Ferries plied the area, and it was easily connected to the city center of Naples. It was also connected to the island by a pedestrian bridge.

But from an Italian perspective, I was an outsider and there was considerable backlash.

This was a vacation island that Emma had recommended for a long time. I had the opportunity to buy it several times, but I never did, but recently my interest has been rising rapidly.

But Emma’s negotiations had failed completely. It was finally time for me to step in.

“Ischia is the pride of Italians. I will not let it steal the pride of Italians.

“Hmm. There’s quite a bit of resistance.”

However, as the so-called lyric effect began to gain traction in Italy, the possibility of purchasing Ischia increased.

I had quite a bad relationship with the Italian Minister of Health because of the pre-purchase of mATE-12 vaccine.

Despite Daniele Angeloni’s strong opposition, I met with him and negotiated with him.

“Ischia is a charming island just 30km from Naples. I would like to buy it.”

“Absolutely not. Italian islands are not, in principle, sold to other countries and to people with their passports.”

“If possible, I could amplify the economic fallout caused by me.”

Angeloni licked her lips and turned her head away.

“Don’t speak in extreme terms.”

His gaze sank deeply.

“I wish you would give me something a little more realistic.”

“We will supply 50 million doses of mATE-11 at production cost per year over the next year.”

I made a point of wanting to know. Fortunately, Angeloni’s gaze, which had been completely cold the whole time, quickly warmed up.

“However, I cannot completely hand over ownership of Ischia.”

I checked the time and continued speaking.

“I want to live here when I retire. I don’t need to tell you, Minister, how valuable my name is. The economic effect of Seongjeongin Island will be enormous. And, don’t you know?”

“what….”

“I could have gone to the Italian leader, but I want to end the bad relationship and meet the Minister of Health and Welfare to take the decision-making authority on Ischia. Even ugly friends can become friends.”

Even if I didn’t argue with the Minister of Health and Welfare, there were many ways I could buy things.

“I will give a lot of economic wealth to the people of Ischia, which has a population of over 60,000 people. It was already on Bloomberg. If I were to buy Ischia, the economic impact on the Italian island of Ischia alone would amount to 100 million euros a year. Do you think you will kick away the blessings that have come to you?”

“Hmm. Then let’s take a little more time….”

“There is no time. If you insist on refusing, Minister, we will look for other islands. There are plenty of properties for sale anyway.”

There was no later. It had to end now.

Angeloni avoided my gaze.

“Okay, then let’s do that for now.”

“first?”

“Okay, let’s do that.”

I chuckled as I watched Angeloni, who was showing off his pride to the end, tenaciously biting his lip.

“You made a good choice.”

* * *

The contract to purchase the island of Ischia for a tentative purchase price of 700 million euros has finally been signed.

Although I retained ownership, we arranged table negotiations whereby I could buy it back from Italy at 1.5 times the price I paid whenever I wanted.

Of course, if I refuse, that’s the end of it.

Time passed quickly.

“Why Moderna’s Market Dominance Is Rising”

“FOMC Meeting, Interest Rate Policy Meeting Resumed”

“Biden’s approval ratings are at an all-time high”

“Zero Interest Rates Begin”

The United States decided to implement zero interest rates starting at the beginning of the year. It was showing a rapid economic recovery, coupled with various coronavirus vaccines.

Of course, Korea, which was influenced by the United States, could not be an exception.

“I bought an apartment because of Ilseong Electronics”

“Let’s go Ilseong Electronics”

“Sudden fluctuations are a thing of the past. It’s a money-making business.”

KOSPI and KOSDAQ rose together, and finally, net buying alone easily exceeded 1 trillion won per day.

Apple’s stock price has turned from a bearish trend to a bullish trend again.

Apple’s mobility business also had a significant impact on the sentiment.

“The current stock price is already booming due to its valuation and future value. It will continue to rise in the future.”

“Well, I guess the short sellers are starting to show their mettle.”

Jerome Powell even made a sudden change of tune, briefly sending investors into a panic.

Individual investors, or Robinhoods, began to rail against Jerome Powell, and the link between tapering and fiscal policy began to look increasingly negative.

“The Fed has no power to raise or lower stock prices. It seems to have become a neutral force.”

“It must be thanks to Biden’s Buy America policy.”

The stock market, coins, and real estate were overflowing with bubbles.

* * * * * * * * * * * * * *
* * Baca Novel Korean * *
* * * Noblemtl dot com * * *
* * * * * * * * * * * * * *

This was because the real economy improved significantly as Mate Alpha Bio’s coronavirus vaccine made a successive successful soft landing.

There are many cases where stock prices soar despite companies not having any notable performance results.

And it was crucial to maintain zero interest rates since Biden took office.

Europe and the United States did not hesitate to spend money.

But this soon led to a surge in inflation.

“Powell: The U.S. economy is still recording GDP growth rates exceeding 6%. Employment conditions are also expected to continue to recover.”

“The upward trend will be steep due to the base effect before and after the pandemic and the increase in consumer demand after the economic reopening.”

However, interest rates were fluctuating as they reflected factors such as economic expansion and rising inflation concerns.

The dollar was positive, but eventually fell rapidly as rising interest rates, several pre-existing bullish factors, and inflation concerns intersected to weaken the dollar.

As concerns and arguments about the U.S. labor market and medium- to long-term inflation pressures grew louder, I finally received a call from Dr. Andrew.

[Signs are appearing that the mutant virus is spreading again.]

“Again?”

[Following Alpha, Beta, and Gamma, this time we are naming it the Delta variant virus. It is predicted to be the most contagious of all the coronavirus variants that have come out so far.]

In the UK, an alpha-coronavirus variant has been identified, in South Africa, a beta-coronavirus variant has been identified, and in Japan, a gamma-coronavirus variant has spread.

“Where did it originate?”

[This is India.]

“Why India of all places?”

[It is predicted that the spread will be steep. I don’t need to say anything about the population of India.]

Of all places, it had to be India.

Mutant viruses make vaccines less effective.

The general consensus was that the effectiveness of the AstraZeneca, Pfizer, and Moderna vaccines in preventing mutant viruses would soon decrease compared to preventing existing coronavirus infections.

But it wasn’t completely ineffective.

Fortunately, Mate Alpha’s mATE-11 showed a more prominent preventive effect against the mutant virus than mATE-12. This is because maTE-12 was optimized for the South African mutant virus in the first place.

“Concerns about inflation. The US is nervous.”

“Consumer Price Index Far Exceeds Expectations; Employment Conditions Worse”

“Overflowing liquidity is about to lead to the worst.”

“Global supply chain contraction”

“Consumer Price Inflation Above 5%. Criticism Pours Out on the Federal Open Market Committee”

“Remarks favoring austerity. Concerns about tapering”

“Fear of inflation looms again”

Fears of global inflation, fueled by protectionism, were gradually becoming a reality.

Inflation has naturally caused a stir in the American financial world.

By any indicator, everything was rising.

Not only was protectionism spreading, but the trade war between the US and China was getting worse as the Mate Alpha and China international pharmaceutical trials became a reality, and the Wuhan virus variant infection was showing various bad possibilities after the pandemic.

As inflationary factors are not limited to the supply side of the real economy, cooperation among countries around the world was urgently needed to overcome the pandemic crisis, population change, and recovery in consumption.

“Airfare prices skyrocket”

“US Consumer Prices Surge 4.2%”

“Inflation reduction laws must be implemented”

“Is Hyperinflation Becoming a Reality?”

“The Worst Stimulus Plan”

“The Wall Street Journal, Politics, Economics, International Relations, and Demographic Change All Cause Inflation”

“$6 Trillion Invested, Fiscal and Monetary Policies Focused on Stimulating the Economy. What’s the Reality?”

In this situation, I once again proceeded with short selling due to the decline in the New York Stock Exchange.

It generated revenue of $9.7 billion.

And with this income, he went straight to the US Secretary of State for Economic Affairs.

“They say that targeting a decline in the New York Stock Exchange was effective. They made a whopping $9.7 billion.”

There was a hint of sarcasm in the tone of the Secretary of the Treasury, Henry Omar, who had a wrinkled face.

But I said I didn’t care.

“I want to build a factory in Arizona with the $9.7 billion I made from this bet.”

“9.97 billion dollars?”

“I want to build the world’s largest factory. No, I want to build the world’s best large-scale factory complex. And then I’ll invest another $100 billion according to the facility roadmap.”

He was reinvesting the money he earned by betting on a decline in the New York Stock Exchange with an electric vehicle roadmap.

There are already many cutting-edge factories in Arizona. TSMC, a semiconductor innovator, is said to be planning and moving forward with a semiconductor factory in Phoenix, Arizona.

The existing facilities are also at a level that cannot be ignored.

It is even said that they are planning to expand to six. Intel is also said to be entering the foundry business by building two factories in Ocotillo, Arizona.

In comparison, Il Sung Electronics has already announced that it will place an order at a foundry in Texas, USA.

Perhaps, due to the collaboration with Intel, Il Sung Electronics’ factory expansion may become a reality again.

“What kind of factory are you planning to build?”

“It’s an electric car factory. I hope that my investment in the recapitalization will bring some benefit to the United States.”

“Thank you for your bold investment in a difficult economy. On behalf of the U.S. government, I would like to express my gratitude.”

“No. Innovation from Silicon Valley will soon move to Arizona. I believe in that possibility.”

“Haha. Of course you will. You have to do that.”

I couldn’t help but chuckle when I saw Henry Omar’s sudden change in attitude.

Read Novel Noblemtl
Read Novel Noblemtl