Rebirth 1991: Opening Cans for Planes

　　Soros took a deep breath, then closed the newspaper, and said slowly, "Are you so sure that there will be a rate cut?"

　　"This is natural. Two years ago, the East and the West had to be merged. Because of their support for the construction of East Germany, they needed a lot of money to enter the country. And because the infrastructure construction was in full swing, inflation was on the rise, and the people of the country urgently needed it. Raise interest rates, keep money at home and fight inflation.”

　　"However, the linked exchange rate of European countries is the British pound to the German mark, and there are upper and lower limits, while the Eagle people need to cut interest rates to stimulate the economy, and the Chinese people need to raise interest rates, which creates a huge contradiction. If the pound does not depreciate, funds will continue to flow The inflow of foreign currency will have a very negative impact on the sluggish Eagle Country market."

　　"If the value depreciates, it will break away from the European monetary system, declare the failure of the foreign exchange policy of the Eagle Country, and the government will lose the people's hearts. For the Eagle Country, both appreciation and depreciation are not good. The best way is to maintain the status quo. Slowly procrastinate and slowly boil. At this time, when my capital goes in, it is impossible for Yingguo people to have no reaction at all. They must be worried about the economic impact of the appreciation of the pound on their own economy. Therefore, their reaction speed will be very fast. We must crack down on appreciation and keep the pound at a certain value!!”

　　As he spoke, Jiang Cheng drank all the coffee in the cup, smacked his lips, and said with a smile, "However, I believe that the people of Ying Country can't stand it anymore. First of all, they need the devaluation of the mark!"

　　Jiang Cheng laughed and said slowly: "I guess the newspaper still has a content, that is, the Eagle Congress will join forces with the heads of several other countries to ask the Federal Bank of Germany to lower interest rates!"

　　"I think the country will definitely not agree. They must maintain their own interests first. The people of the country are also worried that cutting interest rates will lead to domestic inflation and may lead to economic collapse!"

　　Jiang Cheng said slowly: "I think, when the country refuses, it is the best time for us to do it!"

　　Soros took a deep look at Jiang Cheng, but he had to admit that although the guy in front of him looked a little young, his eyes were extremely old-fashioned, and he could see the crux of the problem at a glance.

　　Now is the time for economic development in the country, and it is also the time for Mark to continue to strengthen.

　　Once the winning country refuses, the pound will have problems with it.

　　This time is indeed the best time for them to do it.

　　"This kid, it's not easy!" Soros took a deep look at Jiangcheng, but made a judgment in his heart. .

Chapter 60

　　Sure enough, the content of the newspaper still contained the content of the seven-nation talks.

　　As for the actual situation.

　　Just as Jiang Cheng had estimated, Deguo Dry Vinegar directly rejected Yingguo's request.

　　For now, everyone is still only sweeping the snow in front of the door, and other countries' roofs are covered with frost.

　　Instead of rejecting the request of the G92 summit to cut interest rates, the country raised the discount rate to 7% in July 8.75.

　　As a result, it has created an indescribable panic effect. The economic problems within the Eagle Country are seen by others, and even domestic experts and business elites in the UK also think that maintaining a high exchange rate is a dead end. Spirit-spirit cannot last.

　　Put down the newspaper!

　　Soros glanced at Jiang Cheng. Jiang Cheng was involved in this game. He had a hunch that this time, Jiang Cheng was going to make a lot of money.

　　Today, the capital for shorting the pound has reached more than [-] billion US dollars, and a Jiangcheng is close to one-third.

　　As long as the pound plummets by [-]%, Jiangcheng's income will be [-] billion US dollars. If it plummets by [-]%, it will be [-] billion US dollars.

　　So much capital poured into it in one go.

　　Soros believes that the expression on the face of the Eagle State government must be very exciting.

　　"You can start preparing to start, but for the time being, don't start with sterling, but the lira!" Soros slowly pushed the newspaper in front of Jiang Cheng. ,

　　Jiang Cheng looked down and saw that the content of the newspaper was quite simple. It was the Prime Minister of the Eagle Country, Major and the Chancellor of the Exchequer Ramon, who repeatedly reiterated in various public occasions that they insisted on keeping the existing policies unchanged, and the Eagle Country was capable of keeping the pound in the European exchange rate system. Inside.

　　"Still not giving up!"

　　Jiang Cheng smiled: "The country has now raised the discount rate to 8.75%, and devaluation is inevitable. Do they really think that the pound can unify Europe and become the currency of circulation in Europe?"

　　"Eagle Countryman, it's always been like this!"

　　Soros snorted, and couldn't help but glance at Jiang Cheng, but a thought popped up in his heart, what would be the consequences if he made ten times leverage and continued to short the pound?

　　It can't be done a hundred times, ten times, Soros feels that in this situation, which is almost a foregone conclusion, it is not a big problem to do it again.

　　If this increases the market value of the pound by [-]%, Jiang Cheng will lose all of it.

　　However, Soros quickly dismissed the idea.

　　At present, it seems that the collapse is inevitable, this is the general trend, he can play the role of a seesaw at most, and the most important thing is that there is a problem with the strategy of the Eagle Country government itself.

　　Otherwise, where can the financial brokers find an opportunity to short the pound?

　　Jiang Cheng glanced at Soros. He didn't trust this guy. This guy will be a leader in the future. Now the pound is only an appetizer. The Asian financial crisis in 97 was a tough thing.

　　Now, just earn the first pot of gold.

　　Afterwards, Soros and Jiang Cheng immediately began to sell the British pound. Their little act immediately caused a fierce reaction in the foreign exchange market.

　　The market sentiment has changed. In the foreign exchange market, there has been a wave of selling pounds and lira and snapping up marks. The exchange rate of the pound against the mark has fallen from 2.85 to 2.85 from 2.7964.

　　In less than two days, it has dropped by [-]%.

　　The Bank of England urgently ordered the purchase of 33 billion pounds to stabilize the exchange rate.

　　However, both for Jiang Cheng and Soros, it was just an appetizer.

　　Jiang Cheng and Soros also understood very well that they directly fought with the Ying Nation people, obviously this was courting death.

　　Whenever we do something, we must first unite all forces that can be united, and obtain the support of the people who eat melons without knowing the situation.

　　Afterwards, Jiangcheng qualified Soros at the same time and quickly made a blitz in the financial market. First, in Finland, a small Nordic country, after the country raised interest rates, the vast majority of Finns exchanged Finnish marks. Become a country mark.

　　Time passed by minute by minute, and Jiang Cheng was also paying attention to the exchange rate market all the time.

　　By September, the exchange rate of the Finnish mark against the German mark continued to fall. According to the linked exchange rate rules of European countries, in order to maintain a rigid exchange rate, the Bank of Finland sold a large number of foreign marks to buy Finnish marks.

　　However, both Jiangcheng and Soros have already determined that Finland is the cannon fodder.

0 · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·?????????????

　　As a cannon fodder, don't expect to hold on.

　　Finland couldn’t hold it any longer. On September 9, the Finnish mark plummeted. Subsequently, the Finnish government announced that it would decouple from the country’s mark.

　　The Finn who anointed the soles of his feet and changed the marks first successfully saved himself.

　　However, at this moment, the major governments in Europe felt that something was wrong, and the Eagle and Hair people suggested to the government to lower the interest rate.

　　But the Chinese refused again. In their view, the decoupling of the Finnish mark was insignificant. The Governor of the Central Bank of Germany, Schlesinger, even publicly announced on September 9 that the country would not lower interest rates.

　　In the eyes of the outside world, this is completely because the country has given up its allies and does not take its allies seriously at all. For a while, the market's fear of the pound has become more and more intense.

......................................

　　Sterling tumbled another 1% in less than two days.

　　This is still the Ying Nation government pulling it desperately behind its back, otherwise, I really don't know how much it will fall.

　　It is the connivance of the winning country that makes the market begin to believe that the linked exchange rate system is in big trouble, and the powerful winning country does not seem interested in meddling.

　　If the country does not take action, it is naturally to let a group of financial predators understand that they can do whatever they want.

　　And Soros, the big shark, seemed to smell the smell of blood, and led all kinds of speculators to swarm with red eyes!

　　On September 9, the Soros attacked Italian Lilila.

　　The Italians are not only incapable of fighting, but the exchange rate is also a soft mess. In one day, it plummeted by 1 points, approaching the lower limit of the linked exchange rates of European countries. The Italians are different from Finland, a well-known economic power in southern Europe. Lee's lira slump shook the world.

　　Jiang Cheng looked at the pound and was affected by the slump in the Italian Lira. Now the pound is about to be unable to bear it. At this moment, the depreciation of the pound has reached 5%.

　　However, this is not the limit. Jiang Cheng is very clear that the day of the decisive battle is September 9th, and everything collapses very fast.

　　The Eagle Countryman is about to start surrendering and admit defeat.

　　At this point, the European monetary system can be disintegrated directly for you if the government of the winning country does not take action.

　　The Chinese are starting to take action.righteous.

Chapter 61

　　They will never allow the collapse of the European monetary system.

　　Subsequently, the Central Bank of Germany officially announced on September 9 that the discount rate was reduced by half a percentage point, from 14% to 8.75%.

　　The hand of winning the country was welcomed by the eagle.

　　If the country cuts interest rates, the Eagle country can cut interest rates along with the exchange rate.

　　In this way, their crisis can naturally be lifted.

　　However, in Soros' view, all of this is too late. After learning that the country has started to cut interest rates, Soros just sneered and said to Jiang Cheng, "Why did you go earlier?"

　　All the seeds have been planted since July.

　　But it's too late!

　　The interest rate hike by the Chinese in July is like a butterfly flapping its wings, and the storm generated by the butterfly is about to blow up in the financial market of the Eagle Country.

　　Now it is not that you can change a policy by saying that it can be changed.

　　Instead, the hole dug in front of you is big enough, and now you have started to jump up, jump up, and suddenly regret that you want to grab something, so that you don't fall into this hole.

　　This is basically impossible.

　　Just a day after the country announced a rate cut.

　　International speculators, represented by Soros's Quantum Fund, have started.

　　They threw out the chips that they had accumulated for several months at the same time, and at the same time used the crowd tactics to cooperate with the overwhelming momentum of the media!

　　Jiang Cheng also unceremoniously threw all the chips in his hands.

　　It is to severely attack the British pound, hundreds of billions of dollars, all short.

　　At the same time, there are various media that are doing crazy publicity, and many factors have contributed to the shorting of the pound, and directly started a hand-to-hand battle with the Bank of England!

　　Ramon, the then Minister of Finance of the Eagle Country, hurried to Buckingham Palace and had the following classic dialogue with Prime Minister Major:

　　Lord Prime Minister, we can't take it anymore!How could it be unbearable?

　　You must have a trick, hurry up and hurry up!

　　Well, I have another plan!Raise the central bank interest rate in the Eagle Country, and the high interest rate will attract the return of the currency and the return of sterling buying.

　　Impossible, the economy is in a downturn, and raising interest rates is courting death!

　　Lord Prime Minister, do you want to die now or a few days later?If you don't raise interest rates, the pound will be finished immediately. If you raise interest rates, you may be able to live for a few more days. The financial market is changing rapidly. Maybe Soros will have no bargaining chips in a few days. We still have a chance!

　　At this point, what else can be said, Prime Minister Major compromised.