super cool life

Chapter 715 A Big Storm Has Blown

Guo Yongren returned home, put this matter aside, read the newspaper every day, and stared at the affairs of the United States. Now is the time when money is urgently needed. The expansion of the security company needs money. More than 1 people are fed and used. Buying and selling arms is even more difficult. need money.Every day is an astronomical figure.

The construction of Fucheng needs money. From the beginning, Wang Jinsheng followed Guo Yongren's thinking and planned towards an international metropolis. The roads are wide, the layout is garden-like, the forest coverage is emphasized, and all kinds of infrastructure must be in place. All of these are It requires huge investment.

In particular, Charles has already gone to Africa. The construction there requires more money. A laboratory that must be well sealed requires a huge investment. Various equipment, personnel, etc. require a large investment, and it is still very expensive. Difficult to bear fruit.

The time is getting closer day by day, and every day there are calls from the United States, all of which are reports about the White House's movements. Guo Yongren has calmed down and stopped running around, just waiting for news at home.

Time will not stop for anyone, and this day has come, September 1985, 9, this day has come, all media in the United States have been notified, and they went to the Plaza Hotel to announce important events.

On this day, US Treasury Secretary James Baker, Japanese Finance Minister Akira Takeshita, former Federal German Finance Minister Gerhard Stoltenberg, French Finance Minister Pierre Beregovoy, British Finance Minister Nigel Lawson and other finance ministers of five developed industrial countries and the governors of the central banks of the five countries held a meeting at the Plaza Hotel in New York, and reached an agreement that the governments of the five countries would jointly intervene in the foreign exchange market so that the US dollar would be orderly against the major currencies. Downgrade to address the huge U.S. trade deficit.

The agreement was also known as the "Plaza Accord" because it was signed at the Plaza Hotel.

When I arrived today, the reporters were all shocked by the news. Is there any mistake? A few days ago, the media was still reporting the analysis of experts. The US dollar will continue to strengthen. Now the governments of the five countries are directly intervening in the foreign exchange market to depreciate the US dollar. It is simply unbelievable.

This news is heavyweight, and everyone knows that after the news comes out, the U.S. dollar will definitely depreciate. The only question is how much it will depreciate. You must know that many people are optimistic about the appreciation of the U.S. dollar under the analysis of experts. There are not a few people in this category, and there are even more people in the world. A big storm has already blown.

Not only retail investors, but also many funds are also optimistic about the US dollar. Now, all of them will face losses. It will spread all over the world very quickly.

The Plaza Accord of the five countries was negotiated and released in the morning. Since the afternoon, a huge amount of money has started to suppress the US dollar. This is the country's funds, which are very strong, and the market reacts very quickly, especially the United States. stock market and futures market.

The consideration of the five countries is very simple, to suppress a little every day, and guide the market to slowly depreciate. However, they did not predict what kind of big hole this is. Guo Yongren mobilized 500 billion US dollars of funds, plus leverage, in the This year, it is a very terrifying amount of funds, and the layout has been completed. With the guidance of the five countries, Guo Yongren will make a lot of money, but the chain reaction will be even more fierce.

Anyone who reads this news has one thought in their minds, either to short the dollar, or to quickly close their positions and jump out of the pit, otherwise, this big pit will become deeper and deeper, and you will not be able to get out no matter what.

The trading volume of the entire Wall Street began to show a huge and rapid increase. Efficiency is really terrible at this moment. If you take a slow step, you will suffer huge losses and huge profits. No one dares to neglect. The entire trading hall is full of shouts , Either buy or sell, very crazy.

The actions of Wall Street in the United States are fast, but those in Europe are not slow. People with keen information have already begun to act. Several major economies in the world have begun to fluctuate, and huge amounts of funds have begun to increase.

However, more people are too late, because of the time difference, many places have not opened, and some places have reached the closing time. After all, this year is not the future, and the flow of news cannot be compared with the future, and many people are lost. It's inside the pit.

Another day passed, and the next day, the market began to react violently. The U.S. dollar fell at the opening, and the trend became more and more severe. The time in several countries has been adjusted, and people who know how to do it basically understand it.

There was a burst of wailing in many places, but on the third day, the rate of decline of the US dollar suddenly accelerated, which was so fast that you could not imagine. This effect stunned the governments of the five countries. They couldn't figure out the reason and how it happened fast.

However, this must be controlled, but how to control it, what is needed now is to support the devaluation, so the five countries are hesitating, keenly feeling that something is wrong, but they can't find it.

There are very few retail investors who can speculate in foreign exchange, and they are basically institutions or funds. These institutions are backed by banks and can be said to be strong, occupying the nine floors of the foreign exchange market. However, this time they have become the main targets of being cheated.

Under the instructions of Paulson, the Umbrella Investment Company was deployed, but it tried its best to select customers guaranteed by big banks. It is impossible for this type of customers to only speculate in foreign exchange, and they also have a large number of positions in the stock and futures markets. of.

Now that the U.S. dollar has fallen, they have completely caught them. The reason why it is so abnormal today is that those small institutions can't bear it anymore and completely closed down.

These small institutions have heavy positions in the foreign exchange market, so they are the first to be unable to withstand it. The foreign exchange market dies, and the stocks and futures they hold are also sold out, which causes a chain reaction.

Dominoes, one after another, none of the five countries responded today, and the best opportunity has been missed. The chain reaction is accelerating. In just one night, the decline of the dollar has accelerated again, and even the stock market and the futures market have followed suit. There is a reaction, although it is not very obvious, but this reaction is gathering.

A small fund institution has at least four or five stocks or one or two futures. This is not a place. There are so many countries in the world, how many such institutions are there? Thinking carefully, the energy of the storm is increasing .

The U.S. government is happy, their goal has been achieved, and they have not noticed the hidden crisis at all. Although they are happy now, future events will make them lose their skin, and the chain reaction will not distinguish between friend and foe.

After a few days, large institutions couldn't bear it anymore and began to go bankrupt. The stock market and futures market began to have a large-scale chain reaction. Did not expect.

Seeing that the situation was going well, Reagan wanted to take a vacation to relax. However, he was urgently invited by Finance Minister Baker. Reagan was very relaxed and didn't know what the situation was. earning.

"President, we must stop the dollar from falling, otherwise, a global stock market crash will be unavoidable." Baker's hair was a little disheveled, and his eyes were a little red, which showed that Baker was under a lot of pressure.

"What, are you awake? What the hell are you doing? Our goal is to let the dollar fall. Now that we have achieved our goal, stop it." Reagan looked at Baker with extremely weird eyes, are you dizzy? This is Reagan voice of the heart.

Baker couldn't care about anything else at this moment. He took out a lot of documents from his briefcase and put them directly on Reagan's desk. He began to explain to Reagan what a chain reaction is, and what the current stock market and futures market are like.

Following Baker's explanation, the expression on Reagan's face changed and became solemn. Is there any mistake? How could this happen? How could the stock market and futures be like this? Such consequences are not what the United States, or what Reagan wanted, Completely deviated from the original intention.

Just when Reagan and Baker were discussing this issue in the White House, the world's largest trend of jumping off buildings began, and all high-rise buildings on Wall Street were under martial law. However, it was useless. These people were from large institutions and had certain privileges. They always make it to the top.

The United States, Japan, the United Kingdom, France, Germany, and those countries with developed economies are full of people who jumped from buildings. Hong Kong is no exception, and people who jumped from buildings have also begun to appear. The whole world will be in chaos, and major economies in the world will have problems.

The five countries are all confused, how could this happen, while looking for the reason, they immediately stopped suppressing the US dollar, but it was too late, the US dollar has shrunk by 40.00%, seeing this data, everyone was shocked, how could it be possible , How could it fall so fast.

The Japanese currency has skyrocketed. No one expected the increase. Even Guo Yongren miscalculated. He did not expect the Japanese currency to be so fierce. Before the Plaza Accord, one dollar was exchanged for 370 yen. Now, one dollar is exchanged for 87 yen, which is unprecedented. proportion.

Pressing the button next to the table, the White House butler came over, "Notify the media immediately, I want to issue an emergency statement," Reagan said with a serious face, the butler nodded and went out to make arrangements.

Reagan is not an idiot. On the contrary, he is very shrewd. He has already seen that he must intervene in the decline of the dollar, and it cannot continue to deteriorate. Otherwise, the situation will become even worse. At this time, he must issue a statement, the statement of others None of it worked, Reagan understood that very well.

After Baker was asked to take a break, Reagan started calling, notifying his own people and those bigwigs to close their positions immediately, and he was about to issue a statement, explaining the reason by the way, and many people began to take action.

(End of this chapter)