Mediterranean hegemon

After Contini sat down, he suddenly felt something was wrong behind him. He thought he was too stressed and suspicious these two days, but he couldn't help but turned his head and found a familiar face: Winston Churchill and his wife. Although the old face of Fatty Churchill was not as old as he remembered, this image made him feel very deep. Why did this old bastard come?

He called Enzo: "Let our people investigate whether the fat man is British and his name is Winston Churchill?"

"If so?" Enzo thought he was going to invite someone over.

But he saw a cold light flash in Contini's eyes, "If so, just do it..."

Others didn't understand what "do it" meant, but Enzo understood it very well. This meant to do something.

Soon he figured out the situation: this couple was really Churchill. What surprised him even more was that Churchill had actually served as a cabinet minister many times. He was a well-known politician and socialite in the UK. How could the president have a conflict with such a person?

"Remember the oil incident? Behind it were two British oil companies, and this fat guy was the matchmaker..." In order to kill someone, Contini was desperate and even fabricated a reason to tell Enzo, "Otherwise, I have never dealt with them, how would I know?"

Enzo understood after hearing this: the president was not acting without any basis, there was a reason, there was a reason, he must have some information channels that he didn't know!

Fat guy Churchill still didn't know, he just said a little bit about Contini's badness, and retribution came - the opponent wanted to get rid of him!

Roosevelt had already been killed, and Contini had no psychological burden to kill another person. Although killing or not killing Churchill would not change Britain's national strength, nor would it change its attitude towards Italy in the future, at least he would not have to deal with a nasty person - maybe others would be easier to deal with? At this moment, he had the intention to kill.

What's more, the timing was favorable. It would be extremely difficult for Churchill to take action in the UK, but in the United States, it would be just a matter of a word from him, right? Moreover, Fatty Qiu is a retired person who came to inspect, not a government bureaucrat, so security should be more relaxed. He is very clear about the principle that if you don't take what God gives you, you will be blamed!

Time slowly entered October, and the situation was just as Contini promised. He obtained the funds returned by the "European" customers, and then returned the 600 million US dollars of loans to the Federal Reserve. Now the credit exposure of the United Bank has been reduced to only 2.2 billion US dollars, and only 400 million US dollars will mature within a month, and only 900 million will mature within 3 months. Liquidity and security can be guaranteed.

Both the Federal Reserve and the financial community breathed a sigh of relief. Everyone thought that the situation was finally over, but Contini knew that the situation in the United States might be stable for a while, but the situation in Europe had exploded. Since late September, starting from London, all stocks, bonds, and futures exchanges in Europe have fallen. Not only stocks fell, but all kinds of bonds and commodities also began to fall sharply. In particular, crude oil and silver, two commodities closely related to industry, began to decline rapidly. Crude oil plummeted by 30 cents, only 20 cents away from the purchase price, and silver plummeted by 40%.

During the silver plunge, Contini made a lot of money, but crude oil will soon become a new round of crisis to test the ability of the United Group to bear. This time is different from the last oil purchase and storage. Last time, the opponent deliberately sold the goods below the market price, which was a clear loss. This time, when the whole situation is facing turmoil, 1 US dollar will exceed the actual market demand, so he faces a dilemma: accept or not?

If he accepts, of course he will lose money, and Contini knows that this loss will not be one or two days, it may take 4 years and hundreds of millions of dollars;

If he does not accept, he will not lose money, but the image and reputation of the United Group will be damaged. Who will believe in the promise of the United Group in the future? The reason why Contini is so decisive now is because he has not broken his promise so far - giving up the deposit is not a breach of promise, it is a business behavior. The power of keeping promises will become stronger and stronger with the passage of time. Isn't it because of this that people listen to him? If he gives up, he will give up the huge advantage of public opinion, which he is reluctant to give up...

This decision also made Francisco feel difficult when providing reference opinions. He didn't understand why the president was so pessimistic about the future crisis. If he was in the past, he would definitely give up. But since he survived this bank run crisis, he suddenly felt that the weapon of credit is still very valuable and lethal. If used well, it will definitely exceed 100-200 million US dollars, so he finally said: "Take it, we must take it, but we should change our thinking."

"Change our thinking?"

"Since it is expected to fall, we should once again release large-scale forward short orders..." Francisco blinked and said, "Let the market take the goods we have on hand first, and then we will take them back, and take back the difference in the price first."

"But this can only solve the problem for a few months or at most half a year."

"As time goes by, we can continue to sell, even if it is sold below $1." Francisco smiled, "We have a floating mechanism that can be adjusted to a minimum of 75 cents according to major changes in the market... So buying at $0.75 is not a breach of promise, and even if we sell at a price lower than $0.75, it is no big deal. If the other party wants to make money, they must take our oil first and then store it. This back and forth can free up time and increase the opponent's cost; thirdly, it can also be considered to create congestion in the Tripoli port. I did say to buy reserves, But after slowing down the pace of loading and unloading, the supply of tankers will become tight. If we hire another batch of tankers in advance, the shortage of transportation means will directly force the scale of large-scale dumping to be limited. Then we can also drive up the price of tankers and use this freight to offset the price of our storage, which actually reduces costs. "

Contini couldn't help but applaud: Crude oil can be produced continuously every day, but it takes at least 2 years to produce a tanker, and at most 3 years. During this period, it is possible to face a shortage of transportation capacity, and it is completely uneconomical to build new tankers. If we can curb the tankers from the source, we can actually curb the scale of storage!

No wonder Francisco was able to manage money for the Pope back then. This method is really amazing-if not shameless...