America's Road to Wealth

Chapter 297 Becoming the King of Europe

City of London.

The top floor of the Fury Building.

Abel was lying on his boss chair, with the huge French windows behind him.

Outside the floor-to-ceiling windows, it was drizzling and looked a little foggy in London.

Through the drizzle and the fog, London Bridge could be seen in the distance.

At this time, Abel was holding a newspaper in his hand.

It was a copy of today's latest Daily Telegraph.

In the newspaper, there is a piece of news on the third page.

The headline of the news is "The Kingdom of Norway launches an application for membership to the European Commission".

This news reported that in the past week, the Kingdom of Norway submitted two applications to the European Commission for membership.

【.The Kingdom of Norway and the Kingdom of Sweden are both on the Scandinavian Peninsula.But in terms of economy and resources, the Kingdom of Norway has always been stronger. 】

[.Europeans know...Norway and Sweden are not members of the European Union, and these two countries and Northern Europe have also established a Nordic currency union. These countries are relatively independent of the European Union]

[However, in the near future, Norway has frequently shown its favor to the EU.Recently, they even want to join the European Union. What is the reason for this? 】

[actually]

【.】

In fact, this time, Norway was finally cornered by international hot money represented by Soros.

So far, international hot money has attacked Norway's sovereign currency three times.

For the first time, the Kingdom of Norway relied on its own confidence to carry it down.

For the second time, Norway turned to the European Union for help to show its weakness, and some economic cooperation terms it signed received limited help from the European Union.

In the previous two times, the Kingdom of Norway repelled the international hot money led by Soros.

However, under the third attack of international hot money accumulated for a long time, the Norwegian krone was once again in a hurry.

This time the EU is unwilling to help with real money.

Norway finally panicked and wanted to join the European Union, and use the power of the European Union to help itself repel international hot money.

But how easy is it to join the EU?

Originally, as a country with few resources in Europe, the European Union invited Norway and other Nordic countries to join when it was established.

But Norway refused.

You can live a good life by selling oil and natural gas, so why do you want to be the younger brother of the EU?
Who doesn't know that the European Union sounds good as the European Union, but it is actually an economic alliance manipulated by Britain, France and Germany.

France and Germany are at the heart of this EU.

The Kingdom of Norway is unwilling to be blood sucked, and like Sweden, it is unwilling to join.

The unlucky thing about the Kingdom of Norway is that its sovereign currency is used as a gamble in the international foreign exchange futures market.

Because there are too many funds accumulated above, they are finally fed back to reality.

It attracted the international hot money represented by Soros, and was finally targeted by the international hot money, and today's disaster occurred.

Before the accident, Norway, which did not want to be sucked by Britain, France and Germany, mainly France and Germany, refused to join the European Union.

Now that something is going to happen, I think of Britain, France and Germany.

Of course, the EU will not agree so easily.

During the second support, the EU put forward many conditions.

Of course, there are more conditions this time, many of which Norway itself did not agree to.

So now we are in a stalemate.

This matter is also a recent hotspot in Europe.

"Premium newspapers" like The Daily Telegraph stare at these reports every day.

After reading the news, Abel threw the newspaper on the desk.

In front of him stood Alan Baker, general manager of the Smith Group.

And Jade, CEO of Smith Capital (UK).

"Soros contacted me again, how many times is this?"

"It's the seventh time," Allen said.

"Jed, what is our floating profit on the USD/NOK currency pair?"

Jed immediately said: "It probably fluctuates around 40 billion US dollars."

"What about the cost of capital?"

Smith Capital's investment in USD/NOK started more than two months ago.

For more than two months, such a large amount of funds has been pressed here, of course it is impossible to have no capital costs.

Even among these funds, the actual funds provided by Smith Capital are only about 300 billion U.S. dollars.

But another $500 billion or so amount of money.

They exist there, and Smith Capital pays huge interest every day.

Fortunately, more than half of these funds come from the Pacific Commercial Bank, with relatively little interest.

But no matter how little interest you have, you still need interest, not to mention that the other half comes from Wells Fargo and Citibank.

Banks never do charity.

With so much money, the daily interest is not a small capital cost.

Holding for more than two months, the cost of maintaining these funds is an exaggeration.

"The current capital cost of holding positions is a total of 13.6 billion U.S. dollars." Jed said.

In other words, holding a position of 800 billion US dollars, 80 lots of USD/NOK foreign exchange futures contract.

Smith Capital has paid $13.6 billion in capital costs.

Fortunately, after Soros entered the field.

The short-selling party finally showed the intention to retreat.

USD/NOK began to go up, and Smith Capital's account began to float.

It's just that when the short side appears to retreat.

Because of the arrival of Soros, the government of Norway also stood up and began to short USD/NOK.

Norway's approach has supported the short position of USD/NOK.

While making this long dollar, it is shorting the Norwegian krone currency pair, and another period of stalemate has begun.

There is a situation where Smith Capital has profits, but under the huge costs, the profits do not seem to be high.

After hearing these data, Abel thought for a while and said softly:

"It's time for us to get out. Jed, inform New York that we're starting to unwind USD/NOK."

"Understood. How much is the amount of liquidation?" Jed said excitedly.

"First close the position of [-] lots, and the funds after closing the position will be used to buy spot NOK." Abel said.

"What do you mean?" Jed asked uncertainly.

"I mean?"

There was a smile on Abel's face, and he said:

"It has come to a critical time. When I join this battlefield, no matter which side I stand on, it will be oppressive to the other side."

"Jed, the next script will be the script of World War I and the early period of World War II, and in this script, we are Americans."

What was the script for Americans in WWI and early WWII?

Jump left and right, sell arms on both sides!

In this way, Abel seeks to obtain a large amount of spot NOK while closing the position of USD/NOK.

He wants to stand between the international hot money and the Kingdom of Norway, and be the "America" ​​between the existence of these two parties.

He wants to distribute the "war money" of this financial war.

In Abel Command Smith Capital (UK), and the headquarters over there in New York.

Together, start slowly unwinding USD/NOK.

Then in the market, after buying a large amount of spot NOK.

In this financial war, the third offensive and defensive battle in which international hot money was originally superior.

Because of the withdrawal of Smith Capital, the super bull of USD/NOK, it slowly began to go short.

In turn, the Norwegian krone began to go more.

Originally, when this happened, it should be that the international hot money side was not happy, and the Kingdom of Norway was happy.

But when the two parties know that the person who did this is Abel.

The international hot money side is not happy right away.

The Kingdom of Norway is not happy with the appreciation of the Norwegian krone.

To use a metaphor.

This is equivalent to the period before and during World War II, when the Allies and the Axis countries fought fiercely, and then the Axis began to lose support.

The United States suddenly jumped out, holding a bunch of aircraft carriers, aircraft, and troops in its hands, and stood between the two sides, but its attitude was unclear.

How does the other two parties feel when they are already fighting at this time, then what is the feeling of the international hot money and the Kingdom of Norway now.

It was obvious which side Abel was on at this point.

On the other side, there may be a big rout.

At this time, Smith Capital held 800 billion US dollars in funds.

Both parties also know that Smith Capital will follow up with at least 500 billion US dollars of its own funds.

A total of 1300 billion U.S. dollars, even if you dare to use leverage, the amount of funds can exceed this figure.

Whether it is international hot money or the Kingdom of Norway, they have all fallen into great passiveness.

Two days later, when Smith Capital successfully closed its first [-] lots of USD/NOK.

And when you start to buy a lot of Norwegian krone spot.

Soros finally couldn't bear it any longer. He went to No. 15 Fury Building in the City of London, hoping to find Abel himself.

This representative of international hot money wants to talk to Abel!

Soros missed it, and he didn't find out until he arrived at Smith Capital (UK).

Abe Smith, this guy, he actually ran away!
Fortunately, Abel has not yet returned to the United States. Smith Capital (UK) CEO Jed told Wall Street Sword with a smile:
"Mr. Soros. My boss has already gone to France in the morning. Because Miss Bush said that she wants to go skiing in summer in France."

Soros wanted to scold Jed for talking nonsense.

The ski season in France is from December every year to the half year before May every year.

Where else in France is there snow to ski?Unless you go to the snow-capped mountains of the Alps, it must be on the top of the mountain!

Soros knew that someone was hiding from him.

"I see. Thank you, Jed. I will go to France." Soros thanked him and left expressionlessly.

After leaving the headquarters of Smith Capital in the UK.

Soros immediately had someone check it out.

It was discovered that Abel's private jet really flew from London to Paris this morning.

That means, I don't know if Abel goes skiing in France in summer.

At least it should be true that Abel went to France.

Without much hesitation, Soros also set off for France that day.

When Soros first arrived at the Smith Capital (UK) headquarters.

Abel also just arrived in Paris.

The Boeing 747 slowly landed at Charles de Gaulle International Airport.

With the sound of the plane engine shutting down.

The passengers on the private jet disembarked in an orderly manner.

How can there be snow in Paris in August.

Although the latitude is similar to that of China's imperial capital.

However, due to the influence of the Atlantic warm current, the weather and temperature in Paris are basically the same as those in the magic capital of China.

Leaving Charles de Gaulle International Airport.

Abel and others drove to the west side of Little Paris, which is the economic and business district of La Défense.

This area is the commercial center of Paris, where the headquarters of most of the banks and insurance companies in Paris (including the Banque de France and the stock exchange) are located.

It is almost equivalent to Manhattan in New York and the Financial City in London.

Abel had never been to France before.

But the same as when he first went to London.

People from Rock Security and David have already come here, and many things have been arranged for his arrival.

In addition, in London, there was still a lot of news about his acquisition of Manchester United.

Some members of the Smith Intelligence Group have already come here for activities.

So although it was his first time arriving in Paris.

But his own subordinates planned all the itinerary and sent him to one of the best hotels in La Défense—the Pullman Paris La Défense Resort.

At three o'clock in the afternoon.

Abel is already located in the Pullman Paris La Défense, the executive suite on the top floor has huge floor-to-ceiling windows overlooking the most prosperous CBD in France - La Défense.

La Défense, the central business district of Paris, began construction in the 50s.

At that time, apart from Manhattan and London, there was no difference between the CBD central area in the world.

It can be said that this place itself is one of the originators of the city's CBD.

It also provides reference and reference for the planning of some urban business districts later.

Almost all the high-rise buildings in Paris are concentrated here.

Although it does not have the usual super high-rise buildings in New York, it still looks magnificent against the overall low buildings in Paris.

Here is the headquarters of many large French companies and multinational companies, and the supporting facilities are very mature and perfect.

Actually, in Abel's opinion.

At this time, Paris, compared with London, which is separated from the European continent, is actually one of the real centers of Europe.

The reason why it is one is because it has another center.

That center is next door in Germany, Berlin, Germany.

Germany and France are the current dual core in Europe and the engine of the European Union.

In the EU, the main role of the UK is actually to stir shit
When Abel stood in front of the French windows, looking down on Paris.

Anne Hathaway and Little Laura, who had put their luggage in the room, came over.

"Is this Paris?"

Anne Hathaway came to Paris for the first time and saw a low-rise building.

“It looks really old”

I am used to the bustling cyberspace of Manhattan and the openness of Los Angeles.

Anne's first impression of the shabby-looking Paris was somewhat disappointing.

"This is what Paris looks like." Little Laura also walked over to the floor-to-ceiling windows and said to Annie with a smile:

"Is it a bit disappointing? It's normal to be disappointed. I was disappointed in Paris when my dad brought me here when I was 12."

"Actually, it's okay to look at it this way. If you go for a walk in the streets, when you come to certain streets, you may even think that you are not from Paris, but from a certain city in Africa, or our American Chicago, etc. city!"

Anne was puzzled.

Abel said, "There are too many blacks. Paris now has a population of 900 million, but there are almost 180 million blacks. I hate this city. It looks too dirty, old and dark."

Hearing what Abel said, Anne Hathaway was even more disappointed.

Because France was too strong in the past, and the city's human design was well created.

Even many Americans think that Paris is the capital of romance.

Therefore, it is no wonder that this young Chinese youth in later generations yearns for the romance of Paris.

Only if you really come to Paris.

After coming to the streets of Paris full of garbage and black people, and even Paris with the smell of feces and urine in many corners.

Only then will they discover that this is the true face of Paris.

Abel has never been to Paris.

However, there is the Smith Intelligence Group, and there is also the perspective of the reborn.

He is the existence who knows the true face of Paris and France.

Although the current France still has some confidence.

But if the trajectory remains unchanged, it will take another ten years at most.

Here, like the next door, it will become another overseas economic colony of the United States.

And in this time and space, he himself will even take the initiative to push this process forward.

Let France sink into it earlier.

Thinking of this, Abel suddenly reached out and took Annie and little Laura into his arms.

Then he smiled and said, "I'm going to a meeting later. Are you going to rest here, or hang out?"

"What meeting?" Anne Hathaway asked curiously.

Her inquiry also made Abel discover the difference between her and little Laura.

If it was little Laura, little Laura would only gently tell him to be careful and get ready.

Never asked him what he was doing.

It's not that little Laura has a bad personality, but that little Laura is extremely gentle and considerate when facing Abel.

When little Laura faced Anne alone, she was not so gentle.

Abel smiled and said, "It's a gathering of the Young Leaders Program organized by the French-American Foundation."

Anne Hathaway didn't know what it was.

But since it is a foundation, it also involves the United States and France, and there are even terms like youth leaders in it.

It sounds very compelling, she smiled and told Abel to go quickly.

After Abel left, Annie asked little Laura curiously.

Ask what this Franco-American Foundation and Young Leaders Project is.

"French-American Foundation is an NGO organization established in the 80s." Little Laura explained casually.

"What about the Young Leaders Program? It sounds amazing."

"This is really powerful. It is said." Little Laura wentssip to Annie——

"I don't know about France, but we in the United States, you should know about the Zippertons, right?"

"Of course!"

Annie said.

There may still be people in America who don't know George Shrub.

But absolutely everyone knows the Zippertons, the former owners of the White House.

After all, on the bright side, the United States has reached the number one position in the world under the hands of the owners of the white house.

"Dun Zipper and his wife Larry Diane Rodham Zipper."

Little Laura said: "It is said that she was once a member of this foundation and participated in this youth leader project."

"Wow." Annie couldn't help admiring: "It sounds amazing!"

Little Laura smiled.

Neither of them knew that it was half a year ago.

Abel has become one of the main patrons of the Franco-American Foundation.

On the list of patrons of this foundation.

There is a long list of names of people and companies in the United States.

such as George Soros, Warren Buffett
Like General Electric and Boeing.
(End of this chapter)