Fresh wife is amazing

Chapter 478: It is difficult to cross the mountain, whoever grieves for the lost

Yang Fan does not regret that trip, as long as he continues to maintain this relationship with Shisan and the Liu family sisters, even if it is not because of the trip, he will give the old lady of Yanjing or Wen Ma a chance to do something because of other things.

It's just that Yang Fan hasn't made sufficient psychological preparations yet, and two of the three boats have been exposed.

Fortunately, not three were exposed.

Yang Fan has always hidden his merits and fame for doing good deeds, and he does not want to be praised by people for his great love.

With a broad mind and excellent fraternity, it is enough for one person or a limited number of outsiders to know about it.

"Xiaofan." Liu's mother seemed to appreciate it: "Her mother praised me at the beginning of Wenchu, you have a business mind, you are an incomparable talent in business, and she has benefited a lot from the many ways of doing business. "

"Aunt Wen's reputation is too high." Yang Fan said modestly: "Auntie, don't listen to hearsay, there are a thousand of me in the hearts of a thousand people."

The implication seems to be, Auntie, don't listen to other people's one-sided words, I am sincere to your daughter.

Liu's mother wondered even more. What was ambiguous was that Yang Fan's meaning might include that he had nothing to do with Wenchu. The relationship was very pure. It was the old lady of the Wen family and Wen's mother who wanted to match him and Wenchu.

Mama Liu also had a headache, this young man is indeed not an ordinary person.

What he said was seamless and paradoxical.

It's really hard to tell the truth without opening the skylight.

When it was opened, he didn't necessarily tell the truth, he came in and wandered around for a while, then went out again, leaving nothing behind.

And for someone like Liu Ma, opening the skylight is very risky, and it is easy to leave behind.

Ordinary people talk nonsense, it doesn't matter.

Public figures, such as those celebrities, can't talk nonsense.

The same is true for people like Wen Ma, who need to be cautious in their words and deeds.

In case the skylight is opened, Yang Fan and Wenchu ​​haven't actually had anything to do, isn't that pushing him under Wenchu's pomegranate skirt?

But Liu Ma thinks about the news she and her husband have received, and there is an 80.00% probability that Yang Fan and Wenchu ​​are having an affair.

Wenchu's charm, a normal man, simply cannot resist.

And Yang Fan's acceptance of Guoguo as his goddaughter was a result of Wenchu's decision and promotion.

If Yang Fan is not recognized, how could Wenchu ​​do such a thing?

If she had a bad impression of Yang Fan, she would only repay him with some property for saving his daughter's life.

This kind of thing is not difficult to understand now. Wenchu ​​is a single mother, and she is willing to let a man recognize her daughter as a godfather. The relationship between the two is self-evident.

The world of adults is far less pure than what young people think.

"The greater the ability, the greater the responsibility, Xiaofan, I don't like a small country in Eastern Europe, do you know why?" Liu Ma asked.

Yang Fan thought for a while, then said, "Is that a small country that became independent after disintegration?"

Liu Ma nodded: "Yes, as a national enterprise, we want to do our part."

Yang Fan began to pay attention, and asked, "Auntie, what do you want to do?"

Enterprises with a sense of national responsibility and people with patriotism are the cutest.

Shisan and the two sisters of the Liu family are not only good-looking, but also love the country and life, which is one of the reasons why Yang Fan likes them.

Otherwise, no matter how good-looking they are, Yang Fan would not like them.

He is [-]% sure!
Liu Ma said: "I have no strength and no specific plan, so I wanted to ask you for advice."

Yang Fan is silent, Liu Ma seems to be here to test him today, and she is willing to spend money.

Yang Fan could not pass this test and might be out.

Mama Liu's loss is definitely not trivial, it may be worth hundreds of millions.

Liu Ma said again: "My whole life's painstaking efforts will be passed on to Qianqian in the future."

"Auntie, the question you asked is a bit difficult." Yang Fan said with a calm face and a calm tone.

It's just a little difficult, Liu's mother was overjoyed: "So, you have an idea in your heart, don't you?"

After thinking about it carefully, Yang Fan nodded: "Yes, but I don't want you to end the game in person, drag someone to the front desk, or find a fund that can make decisions by yourself, don't expose you and your company, at least you and your company. Enterprises cannot be pawns."

"This is no problem." Liu Ma readily agreed.

Yang Fan said: "The small country in Eastern Europe is currently in turmoil, like a bird frightened, this is a very good opportunity for financial detonation."

It was as if a window had been opened in front of Mama Liu's eyes, and it suddenly lit up.

"The independence of monetary policy, the stability of the exchange rate and the complete free flow of capital, these three things cannot be achieved at the same time. You can only get the other by giving up one." Yang Fan seemed to be saying something confusing.

Although Liu Ma is an industrialist, she also has a certain reserve of knowledge about finance.

But even so, she couldn't quite understand it.

Therefore, she records first, and then she or finds a professional to analyze together afterwards.

It is impossible for Yang Fan to say, give me a rocket, and I will be able to bring Mars back to the vicinity of the earth. From now on, Mars will belong to our country, and Liu Ma will believe him.

“Small countries in Eastern Europe are one-sidedly pursuing a free economy and trying to achieve both. As a result, when the economy is booming, once international hot money is integrated in a large and disorderly manner, it will cause irrational rises in domestic asset prices, which will further lead to fierce competition in the production market and The decline in the profit level has made hot money no longer profitable, and it has begun to withdraw capital and flow out. Now that the U.S. dollar is raising interest rates, it further encourages the desire to outflow hot money. All of this has made the currencies of small Eastern European countries themselves already bearish by the market.” Yang Fan gave Liu Ma a careful analysis.

Mama Liu understood this analysis.

What Yang Fan said next made Liu Ma's blood boil and she was very excited.

"Go short their currency!" Yang Fan pointed out a clear path.

Although it was the first time Mama Liu heard of this novel financial term of shorting currency, she understood it immediately.

But Mama Liu didn't dare to be arrogant, she thought it was Yang Fan's, and she humbly asked, "Xiaofan, what does it mean to be short currency?"

Mama Wen's admiration made Mama Liu preconceived, thinking that Yang Fan had real skills, she was not like what was shown in novels or TV dramas, when she first came up, she laughed at Yang Fan for being worthless, and then she was slapped in the face by Yang Fan.

Yang Fan said: "The currencies of various countries have an exchange price, and this price is the exchange rate."

"I know that." Mama Liu nodded.

Yang Fan explained: "The so-called short-selling means that some investors are not optimistic about a certain country's currency in the exchange rate market. For example, we believe that the price of the British pound against other major international currencies will fall. It will become worthless and depreciate, and then invest in the pound based on existing judgments."

The fog in front of Liu Ma's eyes became clearer and clearer, and she asked, "Then how do we go short?"

Yang Fan said without hesitation: "For example, if an investor thinks that the exchange rate of the pound against the U.S. dollar will fall in the future, then he will sell the pound. And these pounds sold are not the pounds in his own hands, but borrowed pounds. Borrowed from others. Sell ​​the pound in the market, and then wait for the exchange rate of the pound to the dollar to fall, and then use the dollars in your hands to buy back the pound and return it to others. In this way, it is equivalent to making a transaction of selling high and buying low, and Make money off of it.”

"I understand that." Mama Liu nodded.

"Of course, doing so is absolutely risky." Yang Fan said.

"Xiaofan, tell me." Mama Liu sat by the tea table, poured tea for herself, put her phone on empty, her voice was very clear.

It's a pity that we didn't sit and drink tea and chat together.

Yang Fan said: "First of all, the first risk is that your own judgment is wrong. If the market does not go in the direction you expected, if the pound does not depreciate or appreciates instead. Then at this time, investors have to pay high prices to the market. Buy the pound back and give it back to others. At this time, it becomes selling low and buying high, and the one who loses is himself.”

"Hmm." Mama Liu admired secretly, it's not easy to explain a few words to someone in a field that others are not very good at.

Yang Fan continued: "The second risk comes from the supply of sterling in the market. Although I was right in my judgment, due to the intervention of regulatory agencies or the national team in the offshore market, they directly controlled the supply of sterling in the offshore market. Quantity. Leading to a shortage of pounds, that is to say, the liquidity of pounds in the offshore market is insufficient. As a result, the cost of borrowing pounds in the offshore market will be greatly increased. If you want to sell pounds, there is nowhere to borrow them. Pay back the pound, but there is no place to buy it. Or, even if you can borrow it, your borrowing cost will be very high, which directly makes your transaction not only not profitable, but also losing money. In this way, the so-called British pound The shorts will be blown."

"Blow it up?" Mama Liu didn't understand.

Yang Fan explained: "Foreign exchange transactions are all leveraged. For example, if you have a deposit of 95 yuan and someone else lends you 100 yuan, you can get 5 million yuan to invest. If the price fluctuation range is close to 100 %, then people will ask you to increase the margin immediately, otherwise they will sell all your 95 million. It is absolutely guaranteed that the [-] lent to you by others can be recovered safely. So if those investors who want to short the pound do not have enough If the money is used to increase the margin, then all the margin invested before will be gone.”

Mama Liu could understand, but couldn't operate, and asked, "Can we short the currency of a small Eastern European country?"

Yang Fan didn't answer right away, but pondered for a moment and said: "The stock market is risky, and you need to be cautious when entering the industry."

"Xiaofan, how risky do you think it is to attack the currency of a small Eastern European country?" Mama Liu asked.

Yang Fan said: "Low to medium risk."

Liu Ma's eyes lit up, and she said, "Medium to low risk, very good!"

Yang Fan said: "The current currency of a small Eastern European country has problems. It not only wants the independence of monetary policy, but also wants the stability of the exchange rate and the complete free flow of capital. If it wants to short its currency, it only needs a very simple several steps."

Mama Liu checked again to see if she had recorded herself. Seeing that the recording function was working normally, she breathed a sigh of relief and said, "Xiaofan, tell me, I really want to make a move. The official sanctions are not enough, and we need civil patriots to work. Contribute."

Yang Fan nodded: "The first step is to use euro assets as a pledge loan in exchange for cash from small Eastern European countries or to issue bonds in the currencies of small Eastern European countries."

"The second step is to establish a short position, or borrow the currency and stocks of the small Eastern European country from the securities company of the small Eastern European country, and then sell it; establish a short position in the bond market of the small Eastern European country; sell the currency of the small Eastern European country in the foreign exchange forward market to guide the depreciation of the market Anticipation. When the depreciation expectation is formed, there will be an influx of international hot money on a terrifying scale, crazily shorting, forming a terrible scale effect. This kind of scale effect, not to mention the small countries in Eastern Europe, even the European Union can’t handle it, it is our country A country with the size of the United States will also be hurt."

"The third step is that the large-scale short-selling of international hot money has caused heavy losses in the official foreign exchange of the small Eastern European countries. In order to prevent the international hot money from continuing to obtain their currencies, and to deal with the run-on incidents among the people, the governments of the small Eastern European countries must order financial institutions to suspend operations. The order will cause panic to spread quickly and comprehensively. International hot money has increased the short-selling efforts in the stock and bond markets, and eventually the foreign exchange reserves of small Eastern European countries will be exhausted, and their currencies will inevitably be devalued, and the two markets will collapse.”

"The fourth step is to harvest high-quality assets from small Eastern European countries at a low price and earn a lot of money."

Liu Ma's heart was surging, as if she had seen the bloody storm on the battlefield.

Shopping malls are like battlefields. Over the years, Mama Liu has fought countless business battles.

But never once did her blood boil before she started fighting.

"Auntie, let's go on an expedition!" Finally, while talking, Yang Fan himself became interested: "If you need it, you can find me at any time. I can't pay, but I can contribute. I am also very patriotic."

In the previous life, there were financial giants attacking the currencies of various countries. One of the most famous battles was that of Soros and his Quantum Fund shorting the Thai baht.

At that time, Soros borrowed a large amount of Thai baht from banks, and then sold a large number of them in the market.

Under the influence of the herd effect, the melon-eaters who didn't know the truth also sold the Thai baht, and the exchange rate of the Thai baht began to plummet.

After Soros waited for the Thai baht to depreciate, he would buy it back at a lower price and return it to the bank.

Not only that, Soros also magnified his profits by increasing leverage and short-selling stock index contracts. In the end, under the tragedy of the Thai baht, he made a lot of money.

The summary of the campaign is roughly that Soros created enough expectations for the depreciation of the Thai baht to attract huge international hot money to join the short-selling camp independently.

The rest is just to see who can last longer between the short side and the long side.

The one who gives up first will be doomed.

Before the Thai baht battle, Soros also shorted the British pound, and later also shorted the Japanese yen, making a lot of money.

Of course, he and the hedge fund behind him also had a bad nose, and even suffered heavy losses.

The most impressive is the Hong Kong dollar battle.

After defeating several countries in Southeast Asia one after another, the financial giants headed by Soros began to set their sights on Xianggang, a financial city that was on the cusp of the limelight, and thus set off a financial war that was enough to shine in the annals of history.

This classic battle has also become the most exciting and magnificent page in modern financial history.

(End of this chapter)