Rebirth of the Great Entertainment Empire

Chapter 736 Financial Heavy Weapon

During the Iran-Iraq War from 1980 to 1988, Iraq owed debts to some Arab countries, among which the debt owed to Kuwait was US$14 billion.

Iraq wants the Organization of the Petroleum Exporting Countries (OPEC) to lower oil production, raise oil prices, and repay debts after making profits.

But Kuwait has boosted its output, driving down oil prices, hoping to force Iraq to resolve their border dispute.

Iraq accused Kuwait of taking the opportunity of the Iran-Iraq War to build a military base in Iraq—Iraq stated that it had contributed to all Arab countries in the Iran-Iraq War as a buffer between other Arab countries and Iran. Therefore, Kuwait and Saudi Arabia Arabs should forgive Iraq's war loans.

In addition, out of strategic security considerations, Iraq also hopes to occupy and annex Kuwait through the current turbulent international situation.

At the end of July this year.

Negotiations between Iraq and Kuwait stalled, Iraq heavily stationed troops on the Kuwaiti border, and Saddam Hussein summoned U.S. ambassador April Glaspi for a tentative talk.

August 1st.

Iraq and Kuwait have declared a rupture over the oil issue.

US President Bush Sr. condemned Iraq's actions as "naked aggression" and "posed a real threat to the national interests of the United States", and announced the freezing of all assets of Iraq and Kuwait in the United States.

August 2nd.

At one o'clock in the morning (Kuwait time), with the close support and cooperation of the air force, navy, amphibious forces and special operations forces, three divisions of the Iraqi Republican Guard crossed the Kuwaiti border and launched a surprise attack on Kuwait.

At 5:30, the main attack force and the special operations force joined forces in Kuwait City.

After about 14 hours of urban fighting, at 7:00 pm, the Iraqi army completely occupied the capital of Kuwait.

Subsequently, the Iraqi army continued to attack, and follow-up troops entered Kuwait continuously.

In the end, the Iraqi army occupied the entire territory of Kuwait—about 200,000 Iraqi troops and more than 2,000 tanks entered Kuwait. Iraqi President Saddam Hussein announced the annexation of Kuwait, designating it as Iraq's "nineteenth province" and saying that Kuwait "will always be an integral part of Iraq."

It's also August 2nd.

The United States launched the "Operation Desert Shield" to prevent Iraq from invading Saudi Arabia. Two US Navy fleets headed by the USS Eisenhower and the USS Independence entered the combat area. Finally, the US military stationed there reached 500,000 people.

With 14 votes in favor and 0 votes against (Yemen was not present), the UN Security Council condemned Iraq for violating the UN Charter, demanded that Iraq withdraw its troops, and kept Iraq in an extremely isolated position in terms of politics, economy, military and diplomacy, and also stipulated The deadline for Iraq to withdraw its troops is January 15, 1991. If Iraq does not withdraw its troops before the deadline, the UN Security Council will authorize UN member states to use "all necessary means" to implement various resolutions passed by the UN .

August 3rd.

The United States and the Soviet Union reached a consensus and issued a joint statement demanding that Iraq "unconditionally withdraw its troops from Kuwait" and "fully restore Kuwait's sovereignty, legal regime and territorial integrity."

The Arab League also issued a resolution condemning Iraqi aggression and calling for the withdrawal of Iraqi troops. The Arab League resolution also called for an internal Arab settlement of the conflict and warned of external interference.

August 4th.

The United States decided to send troops to the Gulf.

August 6th.

The UN Security Council passed economic sanctions against Iraq.

August 7th.

U.S. troops head to Saudi Arabia.

Mid-August.

After consultations, a coordinated combat command organization was established at the highest level of the multinational force-the principle is that all forces in the theater accept the unity of Lieutenant General Khalid, Commander of the Saudi Arabian Armed Forces, and General Schwarzkopf, Commander of the US Central Headquarters Command, but the troops of each country are subject to orders and instructions from the highest authority of their own country.

early november.

All member countries jointly resolved to require Iraq to withdraw from Kuwait before January 15, 1991, otherwise it will take force measures.

The Gulf War is imminent...

At this moment, Bush Jr. called Xu Cun, "A Cun, my father wants to see you, and I hope you can come to the White House as soon as possible."

In fact, Xu Cun had expected the call from Bush Jr. for a long time.

Xu Cun is actually well aware of Bush Sr.'s purpose for finding him.

Then what is the purpose of Bush Sr. looking for Xu Cun?

What other purpose is there to ask Xu Cun to borrow money, um... To be precise, it should be to let Xu Cun pay for the war bonds issued by the United States, that is, let Xu Cun buy the US national debt and help the United States share the burden. Part of the military expenses for this trip.

Some people may ask, why did Xu Cun buy US treasury bonds to help the US share part of the military expenditure for this military dispatch? Is it too much money?

The answer is - of course not, Bush Sr. and the United States definitely have a reason to borrow military expenses from Xu Cun, and Xu Cun definitely has a reason to buy US treasury bonds!

One of the causes of the Gulf War was oil.

After years of deployment and development, Xu Cun has become one of the princes in the global oil market.

So, how could the Gulf War have nothing to do with Xu Cun?

Now the oil market is becoming more and more mature, and who is qualified to enter this market, the United States will have the largest say in the next few decades, not to mention Xu Cun's main oil base, Canada, is still under the siege of the United States, so , In terms of oil, Xu Cun and the United States are undisputed allies.

Therefore, the United States is at war because of oil, how can Xu Cun stay out of it?

In addition, Xu Cun has earned hundreds of billions of dollars from the United States over the years, and it is time to spit out some, otherwise the United States will have to drive Xu Cun out of the US market.

Don't doubt this. In the last life, China held more than one trillion U.S. dollars in U.S. treasury bonds. Do you really think that China is burning too much money and lending money to the United States for nothing?

Of course it can’t be the case—the United States is the largest consumer market in the world, none of them. China’s purchase of U.S. treasury bonds is actually an entry ticket to the world’s largest consumer market. If China does not buy U.S. treasury bonds, the United States is impossible It is even impossible for China to enter the market of allies of the United States to make money by allowing China to enter the US market to make money.

In addition, holding U.S. treasury bonds is equivalent to holding a heavy weapon in a financial war—take China as an example: If China and the United States start a financial war, then China only needs to release the U.S. treasury bonds it holds, The U.S. economy will definitely be hit hard, even if there is another financial crisis or even a financial storm in the U.S., it is possible!

At present, Xu Cun has at least one-third of his business in the US market, so he cannot do without the US, the world's largest consumer market.

In addition, in order to add a layer of protection to his huge business in the United States, Xu Cun is also very willing to grasp the US treasury debt, a heavy financial weapon that can make the United States fearful.

In addition, the relationship between oil allies.

The day after Bush Jr. called, Xu Cun handed over "Jurassic Park" to Spielberg and Cameron, and then flew to the United States with a large group of his own women...

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