While the Guangming Fund united with new indigenous allies to stir up trouble in Spain,
the capital battle here in Sweden was also brilliant.
It can even be said that it was the most dazzling battlefield in all of Europe.
Because in contrast to Spain, it was just a struggle between family conglomerates, and the government was only guarding against the financial risks that might be triggered by the collapse of the bank.
Sweden is where the government is also fully involved.
Many Swedish media have even dubbed it the 'Battle for the Swedish Krona'!
Without the strong support of the Swedish government, even Wallenberg, as one of Europe's top family conglomerates, would not have been able to withstand the combined attacks of the Jiuding consortium, the Bright Fund, and the huge amount of international hot money.
Although they are still holding out, the advantage has generally been with the attacking international capital, judging by the past few days of fighting.
Sweden is retreating again and again.
The first and most intuitive manifestation is the foreign exchange market.
Two days after the attack was launched, as of February 13, the offshore exchange rate of the Swedish krona against the US dollar was 6.5189.
But as of today, March 5, the offshore exchange rate has plummeted to 5.3677!
The consequence of the sharp appreciation of the Swedish krona is a huge blow to Sweden's export economy.
Many export agreements that had been signed were cancelled, either actively or passively, causing major complaints from the industrial chains involved in major companies.
Eighty to ninety percent of Sweden's economy depends on exports, and it can be said that almost all listed companies have been affected.
Under normal circumstances.
The Swedish stock market has crashed again and again.
But 'congratulations' are.
With the joint efforts of international capital and Swedish domestic capital and the government.
The Swedish stock market is quite 'red-hot.'
The Stockholm 30 Index has skyrocketed in less than twenty days.
From around 623,
it has soared to 1462.3620!
More than doubled!
The daily turnover of the stock market has never fallen below 10 billion Swedish kronor, and on many days it has reached 20 billion!
The market value record of listed companies is being reset every day.
The company with the highest market value has now changed from ABB to AstraZeneca, with a market value of 88.1 billion Swedish kronor.
It is racing towards a market value of 100 billion.
Although the market value of the company is very high, the Wallenberg family, which holds the controlling interest, is not happy.
...
On the waterway street leading to the Swedish Sager Mansion, several black Volvo top-of-the-line bulletproof cars are speeding towards the Sager Mansion.
In the middle car, sitting is none other than Peter Wallenberg.
At the moment, he was looking through the glass at the houses and buildings rapidly receding outside the window. It could be seen from his vacant pupils that his thoughts were completely elsewhere.
It had been more than twenty days since the 11th of last month, when Unicorn Capital's attack on the stock market was discovered, and Peter Wallenberg had not had a good night's sleep.
Of course, he was not alone.
The entire Wallenberg family, with the exception of the children, were all members who could still move, and they were all working around the clock.
Every night, the core members of the family would meet to discuss the latest developments and formulate a response.
Soon,
the car arrived at the Sager House in the northern part of Stockholm.
The guards had been notified and, after seeing the license plates of the cars, opened the gate directly.
Finally,
When the car pulled up to the temporary parking area at the gates of Sahlgrenska Hospital, Peter Wallenberg got out and opened the door. He was greeted by Swedish Prime Minister Ingvar Carlsson, who had just arrived at the gates.
After shaking hands and exchanging pleasantries, the two men walked side by side towards the Prime Minister's office.
They chatted along the way, as if they were close old friends.
'Peter, you've lost a lot of weight, and it's obvious that your grey hair has grown a lot,'
Ingvar Carlsson looked at Peter Wallenberg's hair and said with some emotion.
The latter sighed and laughed at himself, 'Ingvar, you know that I have been under a lot of pressure recently, and I'm not getting any younger.'
'You're under a lot of pressure, and I'm under a lot of pressure too. You should know that I have only been Prime Minister for a year, and there is an election coming up soon. The situation right now has a big impact on us, and the other parties have been working hard to discredit us.' Ingvar Carlsson shrugged his shoulders and gave a helpless smile.
Ingvar Carlsson was appointed prime minister in a time of crisis.
The previous prime minister, Olof Palme, was assassinated in February of the previous year. At the time, he was deputy prime minister and minister of the environment, and took over as prime minister and chairman of the Social Democratic Workers' Party.
Of course, the Wallenberg family also gave him a lot of support in the process.
After all, the Social Democratic Workers' Party had won the election with an absolute majority thanks to the Wallenbergs' strong support, so the Wallenbergs had a great deal of influence over the Social Democratic Workers' Party.
Naturally, Ingvar Carlsson and Peter Wallenberg were also very close.
After a while, the two men arrived at Ingvar Carlsson's office. The secretary brewed coffee for the two men, then closed the door and withdrew, leaving the two men alone.
Without the presence of an outsider, Peter Wallenberg was not polite.
He went straight to the point and asked with a serious face, 'Ingvar, to be honest with you, we are on the verge of collapse. At present, only the government can intervene forcibly with policies to turn the tide.'
'In just 20 days, we have already spent more than 50 billion Swedish kronor, and we don't have much liquid capital left!'
Ingvar Carlsson also heard this figure for the first time, and he was a little incredulous: 'That's how much has been used just for the stock market?'
Peter Wallenberg replied with certainty: 'Yes, it's all been used in the stock market. The leverage in the currency market is 100 times, and although the number of contracts in hand is huge, it doesn't consume a lot of capital.'
Ingvar Carlsson nodded slightly, and after a moment of thought, asked, "What are you thinking?'
Peter Wallenberg said decisively: "Immediately adopt offshore investment restriction policies to narrow the channels for international hot money to enter the country for investment, while increasing their investment costs.'
'If we don't impose restrictions, we really won't be able to hold on.'
'Our think tank analysis shows that after the great success of the Bright Fund in Spain, there is a trend towards temporary settlement, so it is very likely that they will turn their guns on us in Sweden.'
'Although the Bright Fund was also involved before, the leader of international capital is Kirin Capital from Hong Kong.'
'Once the Bright Fund increases its efforts, it will be difficult for us to withstand it!'
Peter Wallenberg was afraid!
The Bright Fund went on a rampage against the Rothschild family, turning several of their long-time partners against them, and then focused on the Francisco family.
Of the six allies in their alliance at the time, the ones who had the most conflict with the Bright Fund were, apart from the Rothschild family, the Francisco family and their Wallenberg family.
Therefore, when the Bright Fund launched a major attack on the Francisco family, he also divided his energy and paid close attention.
When he saw the Francisco family being swept away without a fight, losing their core family businesses one after the other, he felt for them, but also kept praying that the Francisco family would hold out a little longer.
He was afraid that the Bright Foundation would turn its guns on their Warburg family.
And at the moment, that possibility was infinitely magnified!
'Bright Foundation!'
When Ingvar Karlsson heard this, his body instantly sat up straighter, and his expression became quite serious.
The reputation of this financial overlord was built on the corpses of many financial overlords, and no country was afraid of it!
'Are you sure?'
In response to Ingvar Carlsson's question, Peter Wallenberg replied, 'At present, I cannot be 100% sure that they will attack Sweden significantly, but the think tank analysis shows that the possibility is as high as 90%!'
Thinking about the hot potato that he still held in his hands, the stake in the National Westminster Bank, his intuition told him that, given the way Bright Foundation had always acted, it would never give up.
He wanted to get rid of it, and even make peace with the Bright Foundation, but he had never been able to find the right opportunity.
And now he came to Ingvar Carlsson, not only because he really couldn't hold on any longer, but also because he wanted to create an opportunity to reduce the price they had to pay to make peace with the Bright Foundation!