Reborn Financial Overlord

This price is already the lowest floating limit stipulated by the EC Exchange Rate Mechanism.

"They're all dead. Hold on, hold on, hold on, hold on."

Like crazy, Qian Pi yelled at all the traders present with a ferocious face.

But no one answered him, only a pair of guilty and evasive eyes, looking back and forth at each other.

In the huge trading room, the air seemed to have become sticky. Even if the refrigerator was turned on to the limit, it could not suppress the psychological tension.

In the end, some people can't stand the oppressive feeling that makes them unable to breathe.

"President Carlo. We only have one billion funds."

"..."

For an instant.

Qian Pi's heart seemed to be frozen to the bone marrow.

billion dollars.

Only half of the day has passed, and the central bank's foreign exchange reserves have been consumed to such an extent.

what to do?What about this?

Caught off guard by the numbers, Qianpi panicked and even lost the calmness that a central bank governor should have. He never thought that the foreign exchange reserves of 70 billion US dollars could not be carried for even two days.

And now, there is no news from Germany.

What about this?

No, we can't wait any longer.

"You must keep the bottom line for me, at all costs. I will contact the Minister of Finance now."

After explaining, Qian Pi Congcong walked out of the trading room, and when there were no outsiders around, he quickly took out his mobile phone and dialed out.

Soon, the phone was connected, and Giovanni Goria's tired voice came from the phone.

"Hi. I'm Goliath."

"Giovanni. I'm Ciampi. What's the response from the Germans?"

"Schlesinger still doesn't agree to a rate cut."

"Damn, damn. Damn the Germans. These bastards, are they just going to let the lira collapse? Deutsche Bank is responsible for helping us through this crisis. The collapse of the lira will not help them at all."

"So they promised to lend us DM 230 billion."

"..."

It was like a fishbone stuck deep in his throat, Qian Pi's face flushed with anger, and he couldn't say a word.

This is nothing short of blatant robbery.

Lending money to Italy means that Germany has become Italy's creditor. With the usual German style, various harsh demands will follow.

You can imagine with your ass how high the interest will be on this huge loan.

Germany, on the other hand, is making steady profits and can easily solve the crisis faced by the European Community's exchange rate mechanism, so it can continue to be the leader.

"Despicable, outrageous. Germans these days."

"We have no choice. Weak countries must be good and obedient. If they are not obedient, the strong countries will cause the weak countries to break out of financial crisis. Ciampi, we have no choice."

"I'm sorry, my lord."

“Okay. I need to take a break. Before the market opens tomorrow morning, Deutsche Bank will buy the lira, but on one condition, they ask us to raise interest rates again.”

"Asshole. If we raise interest rates again, the stock market and the bond market will completely collapse."

"We have no choice."

"..."

After hanging up the phone, Qian Pi walked back to the trading room with a gloomy face, and sighed deeply as he watched the increasingly crazy transactions on the trading area.

864.5850.

This price is the floating lower rail of the lira. In the past, no matter how bad the situation is, the lira has reached this position. As long as the central bank intervenes a little, the market will flood into a large number of selling orders, which can easily bring the lira back to normal fluctuations. interval.

But now, the price has once again reached the floating lower track, and the buying and selling are evenly matched, even hitting the downward curve again and again.

Once the lira falls below the lower floating rail, it will be the end of the day, which means that the wealth that Italy has worked so hard to accumulate after the war will be plundered, destroyed, and eventually annihilated.

230 billion marks, can it really be held this time?

No, it must be kept.

At twelve o'clock in the evening, the Bank of Italy issued an announcement to raise the discount rate to 15.00%.

After the announcement of the news, the reporters who had received the news earlier surrounded the central bank’s interview room, and focused on the central bank’s governor, Carlo Azelio Ciampi, with long guns, short cannons and countless flash bombs.

"Mr. Ciampi, hello. Now there are rumors in the market that the central bank's foreign exchange reserves have been exhausted, and Italy will be forced to withdraw from the European Exchange Rate Mechanism. What do you think?"

Damn the media, if it weren't for you to make waves, why would Italy be so passive.

He scolded the unscrupulous media in his heart, but Qianpi had to put on a confident and strong posture. He straightened his tie, and anger showed on his sharp face.

"I don't know where this kind of rumors come from. But I can tell you that these rumors are pure nonsense. The Bundesbank provided us with 230 billion marks to help us maintain the parity of the lira. The central bank has enough funds And confidence to prove everything."

"President Ciampi, some analysts believe that the Italian economy cannot bear higher interest rates now. If the central bank raises interest rates again, the securities market, bond market, and real estate market will all be under tremendous pressure. This is not in line with the existing economy. It's only going to make things worse. What do you think about that?"

Come on, tell me who that analyst is.

Facing the reporter's sharp questions, Ciampi just wanted to call out that damned analyst and beat him to death.I also want to kill the female reporter who is asking questions in front of me. Although this female reporter has a curvaceous figure, doing this kind of analysis at this time is simply pushing Italy into a pit.

It's just the media, and they can't afford to offend. A bad mouth is enough to kill someone's heart. Qian Pi had no choice but to endure his anger and bury everything in his heart.

"I don't know from what angle the analyst you mentioned is analyzing it, but let me tell you that the lira will never depreciate. With the backing of the European Community, Italy is confident that it can overcome all crises."

"Champie..."

"Miss whore, can you tell me which media organization you belong to?"

Stared at by Qian Pi's cold eyes, the female reporter, who was about to continue to persecute her, shuddered cleverly because of something in her heart.

Without him, she belongs to the German mass media, but when she went to Italy for an interview, a Jew personally instructed him how to ask Ciampi questions.It was a 60-year-old Jew who looked very amiable, but she knew that beneath that amiable face was boundless coldness and plunder, because that Jew had a name, George Soros.

Almost telepathically, Qian Pi's eyes became colder. He looked directly at the female reporter and stood under the camera.

"I would like to advise those international speculators who have unscrupulous intentions, Italy has enough confidence to stabilize the price of the lira, and now, it is not too late to withdraw.

On this land, the Italian people will defend their wealth with determination, and we have the confidence and ability to repel any malicious coveters.

Here, I strongly condemn the shameless and despicable actions of Eastern Devil Shen Jiannan and Quantum Fund George Soros in Europe. Their arrival has plunged the European economy into chaos, causing countless families to be broken up and countless people to live on the streets. Their behavior is simply a devil's behavior. "

"......"

Regarding the European Exchange Rate Mechanism, Ciampi's public speech was soon broadcast by major radio stations to many regions and countries.

London, City of Finance.

George Soros watched Qian Pi gnashing his teeth and cursing on TV, as if he had eaten a fly, and that fly, which had crawled on other people's poop, was as disgusting as it could be.

During World War I in Sweden, Quantum Fund lost 6000 million US dollars in krona, and did not get any benefit at all.

Participating in Lira's attack this time, although the Quantum Fund did have a share and did make a little money, why the hell is his ranking always behind that Oriental?

At this time, the city of Rome.

Shen Jiannan turned off the TV casually and raised his eyebrows indifferently.

Seen sideways as a peak on the side of the ridge, the height varies from far to far.

Different vision means that what you see is always different. For Shen Jiannan, he likes this result very much now.

In the speculative business, if one ignores prophets and general trends, sometimes, from the perspective of mysticism, it is also related to luck.

You can only win, not lose.

As long as you lose the last time, you may never be able to stand up again.

Picking up a cigarette and lighting it up, Shen Jiannan tried hard to recall the words and remarks that Soros used when he sang about Hong Kong, the mainland and the euro on the original track.

I believe that Soros is now ready for the next game against the shit-stirring stick in the UK. It will be very interesting for him to see his remarks appear in other people's pens.

"Today we see problems with the European Exchange Rate Mechanism, as in the UK economy, where the pound is significantly overvalued in a recessionary cycle..."

Chapter 34 The right time, the right place, and the right people (adding more for the struggle) Seek subscription (revision)

"Now in the UK, high interest rates have put the economy in a very dangerous position. The stock market continues to slump, the real estate market is deteriorating, and the unemployment rate is rising one after another, because the crimes and tragedies caused by the economic downturn continue to rise."

"Whether it is from real estate, fixed asset investment or bad debts in the banking industry, there are some problems and concerns in the UK."

"Companies lack funds to invest in research and development and open up new markets, and people lack disposable income to spend. If things go on like this, it will only make the economy worse."

"The reality of the economy has begun to match the false hopes of some Britons."

"The pace of wage growth in the UK is out of line with inflation and real incomes have started to fall."

"British households will soon realize that their standard of living will slip and they will become overindebted."

“The Bank of England has made the same mistake as British households; it underestimated the impact of inflation and will start raising interest rates periodically in order to keep the ERM floating down.”

"The UK is about to hit a tipping point of unsustainable economic growth."

"Margaret Thatcher's contribution to privatization reform is obvious to all, but the number of votes in the House of Commons of the new Conservative Party leader and Prime Minister Sir John Major means that he cannot effectively manage the government, which will make the situation in the UK worse."

"If British Prime Minister Sir John Major wants to stay in power, he must change his approach to the European exchange rate mechanism; but there is currently no sign that he is ready to do so; if Sir John Major accepts, negotiations with the European Community may take at least five years In the meantime, the UK will face another general election."

"..."

"But Sir John Major's government and the Bank of England are worried that interest rates will cause the price of sterling to fall, which is wrong thinking."

"..."

"Now the UK can only develop better if it solves the problems of downward inflation and employment."

"..."

"I'm pretty sure it's only a matter of time before the pound depreciates."

"..."

"Then why not make better choices before then to stop a deteriorating economy?"

"..."

It took more than an hour to speak eloquently, and Shen Jiannan imitated Soros's rhetoric about Europe, Hong Kong, and emerging markets in Southeast Asia with spring and autumn brushwork.

Starting from the trivial, it focuses on the new political structure of the UK, various economic problems, and the institutional chaos caused by the economic downturn, stripping away the status quo of the UK little by little.

In some respects, what this guy said was all the truth.

In 1990, the differences within the Conservative Party over Mrs. Thatcher's policy approach to the European Community worsened significantly, and this triggered the reformist Xia Shunting in the party to propose re-election of the Conservative Party leader.In the first round of voting, Margaret Thatcher had more votes than her only opponent, Xia Shunting, but because she did not get the required number of votes, a second round of voting was required.

The incident led to Mrs Thatcher's announcement that she would voluntarily give up her bid for the post of party leader and prime minister, and that Xia Shunting, Major and Handard would run for it instead.

As a result, Major received 180 votes, although the number of votes was much higher than the other two, but it was still two votes short of the required number of votes, and a third round of voting was supposed to be held.However, Xia Shunting and Han Dade both announced their withdrawal from the election at this time, and Major was elected as the new leader of the Conservative Party on November 1990, 11.The following day, Major was summoned to Buckingham Palace and formally appointed Prime Minister of the United Kingdom.

When Major became prime minister, the Gulf War in 1991 coincided with the beginning of a recession in the world economy.In order to avoid losing to Labor's Kinnock in the upcoming 1992 general election, Major held many street campaigns and delivered a number of powerful speeches on the street.This kind of civilian "contact with people" has been far more successful than the Labor Party's rhetoric campaign.

As a result, unexpectedly, Major was re-elected despite the fact that the Conservative Party only had a slim majority of 21 seats in the House of Commons.

But the result of this general election also means that it will be difficult for Major to manage the government effectively.

Currency is a reflection of the credibility of a country's sovereignty, and its value is reflected in the overall strength of a country.One of the most important points, a country's economic factors, determines the purchasing power and value of the currency.

What is a national economy?

Some people say: the country does not produce, the country is supported by the people.So there is no such thing as "I eat rice from the state". The state funds are all taxed by the people, and the money comes from the people.The government only allocates resources, does not engage in production, does not generate value, and does not exist to support anyone.All governments only represent the interests of political parties, and political parties only represent the interests of individuals, not the interests of all.

At first glance, it seems reasonable.

But if a country is regarded as a company, it will be easier to understand. The government represents the core management of the company. Efficient management, wise decision-making, and united cooperation are the core determinants of economic development.

If there is no dispatch and coordination of the state and government agencies, and you just want to pay taxes, it may be very difficult.

Family, country and world, these four characters mean that the fate of the family and the country are linked together.If there is no effective management, it can only be reduced to the meat of other countries.

Although Sir John Major was successfully re-elected in April, the Conservative Party in the House of Commons only supported his re-election with 21 seats. It is impossible to effectively coordinate and manage various government agencies.

What will happen if the top management of a company cannot coordinate?It is simply the biggest hidden danger of the company's development.