The leisurely life of rebirth.

In the early morning of the 17th, Cheng Shigui's office was still brightly lit.

"The British pound plummeted. In the evening local time, the United Kingdom announced its withdrawal from the European currency system. What should we do next?" Wu Zhihong asked, his face full of excitement without any fatigue, but the bloodshot eyes betrayed him.

"Of course, with the prestige of defeating the British pound, we will continue to sweep some peripheral currencies of the European monetary system, such as the Swedish krona, the Norwegian krone, the Portuguese escudo, the Spanish peseta, the Irish pound, and the French franc. It is the most core battle between the warring parties in the European currency crisis." Cheng Shigui leaned on the sofa and easily counted them one by one. "Next we have to recharge our batteries."

"Hey! Matthew, you stopped talking about the Deutsche Mark, which is at the core of the European currency system." Wu Zhihong sat slumped on the single sofa, with his slender legs resting on the coffee table, and hummed.

"Angkor has said that the Deutsche Mark is the core of the European monetary system, and it will stick to it even if it dies.

In the Battle of Chibi that year, the company was burned, and Zhuge Liang left a Huarong Road for the defeated Cao Cao. Otherwise, he would fight to the death, but both sides would suffer. This is not in the interests of the Americans. "The sound has a very clean, very mellow feel to it.

"Ah Fei, good boy!" Cheng Shigui patted him on the shoulder and said.

"Brother, look at you! You're dead again." Cheng Shifei looked at the Tetris in his hand with the words 'gmeover' written on it.

"Matthew, are you saying that if you snipe the Deutsche Mark..." Wu Zhihong asked with wide-eyed eyes. "No way!"[

"Wait and see?" Cheng Shifei threw the game console on the sofa and said relaxedly.

"If it's true, then it's really scary!" Wu Zhihong touched his cheek, "Looking at him makes me feel old."

"Old? You're younger than me! I don't even say I'm old!" Cheng Shigui scolded with a smile, "Okay, let's go and rest for a while, the Hong Kong market will open again in a while."

"Rest, it's not that easy." Wu Zhihong waved his hands, then got up and walked into the lounge.After taking a combat shower, he dialed the satellite phone and reported the situation of the past few days to his superiors in detail.

The newly established national investment fund is sure to make money when it encounters the European financial turmoil, but this is not the most important thing. The most important thing is to be able to watch and participate in this war at close range. Elm head to class.

Financial wars are as powerful as atoms!

in the face of national interests.Anyone's interests can be sacrificed, including former allies, even fighting without mercy.

It also let them know how much medicine was used by both sides when the war broke out.

Entering September, speculators began to attack those weak currencies in the European exchange rate system, including the pound sterling and the Italian lira.Large and small speculators, mutual funds and multinational companies that have long been engaged in arbitrage operations sold weak European currencies in the market, making the central banks of these countries have to withdraw huge sums of money to support the value of their respective currencies.

The British government plans to borrow funds from international banking organizations to prevent the continued depreciation of the pound, but this seems like a drop in the bucket.Soros alone spent 100 billion US dollars in this contest with the British government, not to mention those big and small followers who have heard the news.

However, this 100 billion.Compared with the foreign exchange market that trades trillions of dollars 24 hours a day, it is also very small.

Of course, the calculations in the domestic financial market are simply not enough.Throw it in, not even a ripple can be splashed.

Take a longer view, and don't always use the inside information in your hand to harm the domestic financial market.

What happened these days makes Wu Zhihong terrified. With his own power, he can completely subvert the economy of other countries by targeting the financial loopholes of other countries.

It is certain that this hobby of financial predators will never stop.And never tired of it, and proud of it, they will definitely hide under the undercurrent.Waiting for the next opportunity.No one can escape, including ourselves. [

Cheng Shigui patted his younger brother on the head and said, "Don't go to sleep for a while, you have to go to school at dawn!"

"Got it!" Cheng Shifei got up and went to another lounge.

The entire floor is Cheng Shigui's office area. Except for the office, the others have been transformed into a lounge, entertainment room, kitchen, and bar. All kinds of facilities are very complete.

After dawn, they are ready to go and rejoin the battle. The war is far from over.

**************

The British pound has been the main currency in the world for 200 years. When the gold standard was originally adopted and linked to gold, the British pound occupied an extremely important position in the world financial market.Only the First World War and the stock market crash in 1929 forced the British government to abandon the gold standard and adopt a floating system, and the position of the pound in the world market continued to decline.

On September 9, international capital caught wind of the news and shorted the pound in large quantities.The exchange rate of the British pound against the Mark fell all the way to 15. Although it was reported that the Bank of England had purchased 280 billion pounds, it still failed to stop the decline of the pound.By the end of the evening, the exchange rate between the pound and the mark had almost fallen to the lower limit stipulated by the European exchange rate system.The pound is on the brink of exiting the European exchange rate system.

The chancellor of the exchequer has taken various measures to deal with the crisis.First of all, he once again asked Germany to lower interest rates, but Germany once again refused; Nai, he asked the Prime Minister to raise the country's interest rates by 2% to 12%, hoping to attract the return of currency through high interest rates.

In one day, the Bank of England raised the interest rate twice, the interest rate has been as high as 15%, but it still has little effect, and the exchange rate of the pound still fails to stand on the minimum limit of 2.In this action to defend the pound, the British government used foreign exchange reserves worth 778 billion US dollars, but in the end suffered a disastrous defeat and was forced to withdraw from the European exchange rate system.The British called September 269, 1992, the day they withdrew from the European exchange rate system, Black Wednesday.

仅仅这两天，各国央行注入上百亿英镑的资金支持英镑，但也济于事。16日英镑与马克的比价又由前一天的1英镑等于278马克跌至1英镑等于264马克，英镑与美元的比价也跌到1英镑等于1738美元的最低水平。

After exhausting all means, on the evening of September 9th, British Chancellor of the Exchequer Lamont announced that Britain would withdraw from the European monetary system and lowered the interest rate by 16 percentage points. On the morning of the 3th, the interest rate was lowered by another 17 percentage points to return to the original level of 2%. .

Now, everyone wants to know who is the man who made the pound for the pound.As soon as the news of his impact on the pound was announced, people knew about Soros.He is famous as "the man who brought down the Bank of England". He didn't actually destroy the Bank of England, but he did consume the wealth accumulated by the Bank of England.

Things would not be what they are if the media interest in him had gone so far, if Soros was unknown to anyone but Wall Street and New York.Even people who are not familiar with stocks know Soros, the financial giant.

For most Britons, Soros became a hero. "There is no xenophobia that people think of," Kerris said. "Instead, the British public said, in traditional British fashion, 'Bless him, if he gets $10 billion from our stupid government, he'll be a billionaire'."

Soros seems to enjoy winning over the public in novel ways.Now he can liken himself to a torch to attract the public. "I am happy to have this status because it allows me to get what I want. As a market operator, I have reason to shy away from this status because it is harmful; but I am no longer a market operator. My voice has been heard on political issues too, and that's it. I've found it useful.

Some in the British media were very uncomfortable with the loss of the UK and the sweeping victory of Soros.They were looking for a scapegoat, and Soros was a handy one.

in the depreciation of the pound.Hedge funds are making staggering profits.According to later data, Soros’s Quantum Fund made a profit of more than 10 billion U.S. dollars in this campaign. If the gains from sniping lira and francs are added, the Quantum Fund’s profit in the European currency crisis was as high as 20 billion U.S. dollars.In addition to Soros, Bruce Kavanagh earned $3 million and Paul Johns $25 billion.Many foreign exchange trading banks in the United States also won in it, while the Bank of England lost heavily.So later generations of the United Kingdom has never joined the euro area.

Because of this, Soros became famous in the first battle and became a financial tycoon who became famous in many countries. The Bank of England vowed that he would never forgive him in his lifetime!

Cheng Shigui and his fund company also made a lot of profits during the entire financial turmoil after the fact.Everyone still understands the truth of not revealing wealth. Of course, people always remember the first and most profitable one.

Just like people only remember the highest peak in the world, Mount Everest, who will remember who is the second?We don't want these false names, we only want real benefits.

Cheng Shigui's analysis is correct: France is an active advocate and backbone in the process of European integration, and it is also an economic powerhouse in the entire EU.If the European monetary system is compared to a building, then the German mark and the French franc are the two biggest pillars supporting the whole building.

If even the franc fell, the European Monetary System collapsed.Therefore, the battle to defend the franc is the core battle between the warring parties in the entire European currency crisis.

Therefore, on September 9, under the attack of hedge funds, the exchange rate between the franc and the mark fell to the minimum limit stipulated by the European Exchange Rate Mechanism, and the Bank of France was forced to close for half an hour.

On September 9, in order to maintain the exchange rate, the Bank of France bought 21 billion francs in one day.By this time, France had used nearly half of its foreign exchange reserves, excluding gold.

On September 9, the Bank of France announced an increase in interest rates, but it was still unable to prevent the depreciation of the franc.

Germany can ignore the Finnish mark's separation from the European currency system, sit back and watch the lira fall, or abandon the pound mercilessly, but Germany will never allow the franc to depreciate.So in the days to come, the war between the French government and the hedge funds has been confronting, suffering, and continuing. (To be continued. If you like this work, you are welcome to come to (qn) to vote, monthly pass, your support is my biggest motivation. Mobile phone users please go to mqn to read.)

ps: Please pink, please! !