Top Coder chapter 284

places I’ve never been
Cheongdam City Soft Headquarters.
In Seung-ho’s office, Vice President Ho-geun Hwang and the head of the Strategic Planning Office gathered. Hwang Ho-geun gulped down the cold coffee.
“We have already used over 30 trillion. Thanks to this, the average growth rate of emerging countries is expected to exceed 10%.”
The head of the strategy room also cautiously opened his mouth.
“The United States has announced plans to issue and invest an additional $50 billion. Thanks to this, the departure of the One Coin Federation is becoming visible. However, you cannot continue to use your in-house reserves. Currently, it has decreased to 800% … and the current assets held by the company are also rapidly decreasing.”
Seungho raised an eyebrow and said.
“Fine. Use all of your current assets.”
Hwang Ho-geun raised his voice.
“Oh, sir. Then the debt-to-equity ratio rises sharply.”
The head of the strategy room also hardened his expression.
“The company’s credit rating may go down. Even if it doesn’t, the banks’ view of downtown software is not good as it is a face-to-face confrontation with the US.”
“How much debt is borrowed to build a smart city?”
“It has risen to 30% of the total capital (total value of the company). If the outflow of liquid assets continues at this rate, it will soar up to 80%.”
“If it’s below 200% anyway, it won’t go down to bad grade.”
The head of the strategy room swallowed dry saliva.
Debt Ratio 200%.
In the case of Sinai Soft, which runs B2C services and has a smooth cash flow, it is okay to exceed 100%. But if it exceeds 200%, it is dangerous. And thinking that far meant that I would go all the way to the end. Hwang Ho-geun expressed concern.
“If it flows in a river-to-river confrontation, there is a risk of breaking it. Smart cities are now being built, and Zero is solidifying its position. The same goes for each service business. Even if we slow down a little, Sinaisoft will win.”
Seungho lowered his voice slightly.
“I am fully aware of the concerns you two have. But think about it. America is spreading money around the world. As a result, it is reported that the average growth rate of emerging countries is over 10%. So what will happen?”
The head of strategy responded cautiously to Seungho’s words.
“Perhaps . . . it will develop.”
“Yes. Development. Water and sewage systems can be improved, and food problems can be solved. Furthermore, slow and slow communication networks are improving. In particular, Sinaisoft is focusing on this area. Isn’t it?”
Hwang Ho-geun nodded his head. Under Seungho’s instructions, he was directly managing the investment execution. When Sinai Soft invests, Sunjin Construction builds the infrastructure. Most of the investments were made in this way. The head of strategy took in a breath with an enlightened expression on his face.
“Then people will be interested in the content … and they will find something better.”
“You’re going to ride Zero, use ONE phones, not cheap Chinese phones, and use RONE. You will search through One Search and communicate with people using One Talk. Then you will end up being exposed to One Coin. If we are doing well in our business.”
Hwang Ho-geun did not stand still.
“Are you saying that US investment could be an opportunity for us?”
“Yes. That’s exactly what I wanted to say. In fact, even if you use One Coin in Africa or Southeast Asia right now, the benefit to Sinaisoft right now is negligible.”
“Even if it’s the whole of Africa, it’s less than Korea’s GDP.”
Seungho nodded his head.
“The GDP of the continent as a whole is 2.3 trillion dollars. It’s lower than Japan, and it’s lower than Yeongwon or France. The whole continent.”
Seungho spoke slowly.
“There will be several factors. Widespread corruption, including civil war. National system not working properly. But thanks to America, it’s getting better and better. They claim to be the world police again, put an end to civil wars, and sow the seeds of democracy and capitalism there.”
“We only have to eat the fruit.”
“Haha, yes. By building the infrastructure, we are relieved of the worry of being slaughtered.”
“Sinasoft can do what it does.”
“Do not stop investing until the debt ratio reaches 100%. Anyway, there aren’t many factors that can grow Sinasoft any more. It was a good thing when we needed a place to invest the 100 trillion won that we accumulate every year.”
“After all, there are very few investments left on the planet that can afford that money.”
“Yes. Now it makes sense.”
The warmth returned to the faces of the three who had hardened. The meeting, which started seriously, ended in a friendly atmosphere.
***
Sunjin Construction.
It was a company that was gradually reducing its share of advanced groups in the face of the government’s extensive real estate regulations and the limitations of the domestic industry. However.
The recent mood has been different.
– We have proposed a 500 billion won service related to smart farms in Egypt.
– We have proposed a trillion-dollar service related to Nigeria’s smart city.
-Republic of South Africa. We proposed a service worth 200 billion won for water and sewage maintenance.
In the investment plan from Sinai Soft, operating profit has already grown by 40%, and sales have recorded more than 100%. It went beyond the earnings surprise and rode the earnings rocket. so maybe The expression of Sunjin Construction Chairman sitting in front of Kim Hee-gun was unparalleledly bright.
“Did you place a service order from Sinai Soft again this time?”
“Yes. So far, we have accumulated over 10 trillion won.”
“10 Jora…….”
“The amount of investment is really huge, probably to use all the cash accumulated in the company.”
“I will.”
Kim Hee-gun nodded and answered. Therefore, it will not be pushed back in the confrontation with the United States. Ko Dong-man, who was with him, asked cautiously.
“What should I do?”
“Are you referring to the Sinasoft request?”
“Yes.”
“Hmm······.”
Kim Hee-gun rubbed his chin and fell into thought. This frame has already passed, but a decision has not yet been made.
‘If that happens, I might be completely out of touch with the United States.’
Still, is it worth choosing?
Couldn’t find an answer there. Go Dongman said.
“I want to bet on Sinai Soft again this time.”
The construction company president also lowered his voice and said.
“My thoughts are the same.”
Kim Hee-gun knew it too. As investment continued and emerging countries developed, it was Sinaisoft and Sunjin Electronics who benefited. This is because Sinaisoft is the same company that currently dominates the Internet world. The reason why Kim Hee-gun was hesitating was the same.
“If that happens, the world of downtown software may come in the future. They ride the car they made in the city created by Sinaisoft. I use a phone made by Sinaisoft, and I chat and search with the service made by Sinaisoft in it.”
Kim Hee-gun’s office became quiet. Because I knew enough what he meant. Dongman Koh expressed his opinion once more.
“You can’t go against the trend anyway. The future may have been decided the moment Sinasoft created ONE.”
Kim Hee-gun, who was fiddling with his chin, asked.
“How much is the amount Sinasoft requested?”
“It’s 50 trillion won. I have been requesting that it be invested in the development of emerging countries through advanced construction.”
“If that happens, America will be very angry.”
“Maybe we can issue more dollars. But if this war ends with a victory for Sinasoft.”
“·················ogue.”
Even Kim Hee-gun couldn’t put it into words. Just imagining it was a situation that made my heart pound.
***
US White House.
Edward kept his lips shut, presiding over the State Council meeting. The Minister of Finance said with a firm expression.
“The Fed has issued an additional $50 billion. That money will go to India and Southeast Asia.”
“Is it working?”
The Minister of Finance nodded.
“Right now, six African countries withdrew from the OneCoin Alliance. Europe has made an official statement supporting the dollar. Even in the UK, there is a growing public concern about One Coin.”
“What about the aftermath in America?”
“The U.S. domestic industry is stretching out of a recession. When investing in emerging markets, various loans offer almost 0% interest rates. Construction companies in particular are booming.”
“What about high-tech industry?”
“that······.”
“Then, if the infrastructure in emerging markets develops as we initially feared, wouldn’t it be beneficial for Sinaisoft?”
“Of course it is possible. However, there is also the effect that a certain portion of the profit is absorbed back to the United States by collecting fees for the infrastructure. If they offset each other, it won’t make much of a difference.”
Even after that, the gangs came and went.
quantitative easing.
The meeting was lengthy because no one had ever experienced what would be at the end. As the dizzying economic theories abounded, Edward closed his eyes with clasped hands.
‘Why am I thinking of subprime mortgages right now?’
At that time, financial products composed of complex logic that are difficult for ordinary people to understand, such as CDO (debt-backed securities), MBS (mortgage-backed securities), CDS (credit bankruptcy swap), etc.
Ultimately, the United States faced a financial crisis. Edward could not erase the thought that he was overlapping with that time over and over again.
‘Let’s keep it simple. Simply.’
There is a saying that the more complicated, the back. A Wall Street spokesperson who takes on the role of Treasury Secretary says all they need to do is issue dollars until Sinasoft raises a white flag. But does doing that really solve the problem?
Instinct intuition was sending a warning.
‘supply and demand. The moment the dollar reaches the threshold of its demand. It might be a piece of tissue paper.’
Then, hyper-inflation, a side effect expected in the early days, may come. Even during the financial crisis, there were many experts who predicted the crisis. While they continued to send warnings, Wall Street and the sympathetic government were consistently ignoring them. Because of that, only one person was arrested despite the chaos.
Tens of thousands of people sat on the street, but no one was in charge. Then you can’t repeat the work. Then the chief of staff hurriedly gave a whisper.
“The dollar index is down 10%.”
dollar index.
Won-dollar exchange rate. It was a type of exchange rate used by the US government, such as the yuan-dollar exchange rate. A decline of 10% on a sort of dollar exchange rate made up of six major currencies meant that the dollar was weak. And if it was 10%, it was enough to be considered a symptom of a crisis.
Top Coder chapter 284

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