The Billionaire's Hidden Affection-Chapter 485 - 482: Finally Met the Stingy Big Man 1_1

For several consecutive days, the sluggish gold index suddenly grew stronger, leaping by ten percentage points overnight and rocketing to a high of 1,300 gold units.

A knock sounded at the door, and Wan Donglin closed his computer.

Zhang Xiang walked in. "Third Master, the schedule for the conference the day after tomorrow is out. Please, have a look."

Wan Donglin casually skimmed through the densely packed itinerary, but his mind was elsewhere entirely.

"This is an important meeting, with three key figures from Wall Street participating," Zhang Xiang continued. "They’ve all issued severe warnings about A Country’s economy. They openly declare it to be a gigantic economic nuclear bomb, the explosion of which would be horrifying..."

Wan Donglin gave a bitter smile. The elites of Peace Street would never truly comprehend the actual state of A Country’s economy. It doesn’t operate according to the rules of a market economy. Instead, it’s manipulated by innumerable human factors.

In the past few years, A Country had been building a new skyscraper every five days. They had added thirty new airports and subway systems for twenty-five cities, constructed the three longest bridges in the world, and established more than 6,000 miles of high-speed railway and 26,000 miles of highway. Commercial and residential property had been booming on an incredible scale.

This level of construction activity would probably have intimidated even the ancient Egyptian Pharaohs and Romans.

The shadow of Shadow Banks lingered, local debt had accumulated to high levels, and land-based finance had reached a dead end. Cheap raw materials had been sold off to a significant extent, and counterfeit goods were rampant... What new situation would follow?

Most people recognized that a credit boom existed in A Country, but they did not know its scale. When it all started in 2008, the credit volume in A Country’s banking sector was around 10 trillion. Now, it stood between 24 and 25 trillion.

This increase of 14 to 15 trillion was equivalent to the entire scale of South Country’s commercial banking sector, which had taken a century to establish. This meant that A Country had replicated the entire South Country system in just five years.

Is this possible?

Zhang Xiang said, "At the start of this year, a 50 million coal mine bond failed to repay investors on maturity. Approximately 875 billion in other such products will mature in 2014, and no one knows how to solve this problem."

That was the fundamental reason why the Wan Family had quickly divested from most of its industries.

A storm was gathering.

Liu Daqing’s actions hadn’t started recently. He had been preparing for nearly five years. In fact, his moves had nothing to do with anyone else.

However, at this critical juncture, Old Zhou was naturally resentful.

"According to our investigation," Zhang Xiang reported, "Old Zhou has contacted an underground company in the United States through various connections. Zhou Ting is the one leading the efforts. Third Master, take a look..."

It was a very brief report. Even with the Wan Family’s extensive connections, they couldn’t grasp the crucial details.

Old Zhou’s sudden silence didn’t mean he had decided to let things go. Rather, he was brewing a massive storm.

Wan Donglin heaved a long sigh, his expression extremely grave.

"Third Master," Zhang Xiang said, "the Madam has urged you several times to go to Switzerland as soon as possible."

Wan Donglin remained silent.

How could Zhang Xiang not understand what was on his mind? He said tentatively, "Third Master, if you decide to stay because of Miss Yan, it might be dangerous. The pressing matter now is to leave as soon as possible—the sooner, the better."