But Jones knew deeply what a jerk the old guy was.

That year, that year, he made huge profits by shorting the Dow Jones and Nasdaq based on the fear index he defined, but the guy in the newspaper made a speech that stopped the stock market from falling and rebounded, making him spit out a lot profit.

Alan Greenspan.

"From the data point of view, although the U.S. economy has entered a recovery cycle, due to the impact of the European and American markets, the U.S. economy has shown signs of decline in the past two months. The most obvious is the decline in the purchasing index and the fact that wages have not been raised. In view of various factors, the Fed does not A rate cut at next week's meeting is ruled out."

Holding the newspaper in his hand, the more Paul Jones read it, the more he felt that he was being fucked by a dog.

It was Alan Greenspan who made him spit out huge profits in the short market four years ago, and now it is Alan Greenspan who made him make huge losses on long dollar positions.

"Politicians for dog days."

Aggrieved and dropped the newspaper in his hand, Jones cursed angrily.

The US economic data has been very good this year, and various data show that the economy is entering a healthy cycle and will get better.

However, the Fed said that there are hidden dangers and sluggishness in the economy and the need to lower interest rates.

This is lying.

Why lie?

As a generation of speculative geniuses, Jones still can't see it now. Everything is to put pressure on the European currency unit.

The U.S. dollar is the largest reserve currency in the world. The value of the U.S. dollar directly affects the economies of various countries. Now European countries have signed the "Maastricht Treaty." When Mayo takes effect in November next year, European countries will become a whole. The monetary unit will become the biggest threat to the dollar.

This is absolutely intolerable.

How to do?

The United Kingdom and Italy are the core countries of the European Community, but their economies continue to slump, and they need loose monetary policies to stimulate inflation.

But now, they have to maintain the fluctuation track of ECU.

If the U.S. dollar depreciates, the ECU currency value will increase, and the currency value will increase, which will bring huge pressure on the export of commodities. This pressure will be transmitted to the economy, which will make the economic system that is already under pressure even more difficult to bear. When the critical point is reached, this point will explode like a balloon.

Moreover, the German central bank has always insisted on a tight monetary policy, which seems to have planted a thorn in the hearts of the United Kingdom and Italy.

If the U.S. dollar lowers interest rates at this time, it seems to relieve the pressure on the pound and the lira. At least, the loose interest rate will not cause British assets and lira assets to flow into the United States.

Wanting to understand this, Jones picked up the cigarette and lit it depressedly. He realized that he might only be tricked by this Jewish bastard this time.

A genius is a genius after all. After smoking a cigarette, Jones forced himself to pull himself together. He knew very well that in this market, the only secret to success is detachment. Anything that happened has become the past. What happened three seconds ago It doesn't matter, the key is what to do next.

After thinking about it for a moment, he put out the cigarette butt in his hand, picked up the phone on the table and dialed it.

Soon, the phone was connected, and Depp's voice came clearly from the receiver.

"Hi. Hello. I'm John."

"John. It's me. Close out all our dollar positions right now. Right now."

"what happened?"

“We did a very stupid thing. Listen to me, I will explain it to you when I have time, now cover all dollar positions and build enough short lira and pound positions.”

"Enough, how much is that?"

"All. $60 billion!"

"Oh karma. Paul, are you sure? I don't know how to explain it to the client."

"John, trust my judgment. As for the others, you don't need to explain, just say that this is my will, and they will understand you."

"..."

Chapter 47 Shen Jiannan was arrested

The world is bustling with profits coming and going.

The geometric wealth brought about by the volatility of the financial market is destined to be filled with countless news factors and smart people at the top of the market.

Unbeknownst to Paul Tudor Jones, when he ordered to cut his dollar position to bet on lira and sterling, the office of the president of Bank of America on Wall Street also made a decision to short sell lira and sterling.

Meanwhile, Wall Street Commodities Corp.

Chi hired Bruce Kovner, a legendary trader in the foreign exchange market for many years, closely watching the exchange rate of the lira, carefully calculating the chips still held by the Bank of Italy.

100000000 buy 868.2515

......

100000000 buy 867.2050

......

22 billion

18 billion

15 billion

11 billion

......

Following the large sums of purchases on the computer, Bruce Kovler's eyes flickered.

The only ones who dare to buy lira now are Italian banks, but in the past 10 minutes, the transaction value of lira has exceeded 40 billion, which means that the chips of Italian banks are only one billion US dollars at most.

billion dollars!

Glancing at the lira already borrowed in the company's account, Bruce Kovler did not hesitate any longer, quickly entered a series of numbers, and typed hard.

874.5800 sold 1000000000

876.2850 sold 1000000000

......

878.2850 sold 1000000000

......

881.2580 sold 1000000000

.......

882.2585 buy flat 1

883.2585 buy flat 1

885.2585 buy flat 1

.......

Otherwise, stop loss is one of the principles more important than life.

The principle of stop loss: there is a new high above the new high, and a new low below the new low.

With the huge amount of selling, the lira price quickly fell below the previous high point and broke through 881.2850. Numerous market positions that were forced to close or voluntarily closed positions swarmed from the right side of the market, densely crowded together, Submerged the entire market in a sea of ​​red numbers.

889.2585

890.3850

......

On the battlefield, the most tragic confrontation is when the two sides face each other.

But the most tragic, craziest, and deadliest time is always the time of defeat and escape.

People are always controlled by reason and out of control by instinct.

When people lose their minds under fear, instinct will dominate people's consciousness. Under the instinct of people greedy for life and escaping for survival, even a mighty general can't stop the rout of the army.

Stampede by war horses, trampled by comrades-in-arms, anyone or anything standing in the way of escape will become an enemy in the instinct of losing their minds.

But the irony is that they had the courage to chop and kill all the people or things that stood in the way of escape, but they never had the courage to turn back and face the butcher knife that was slashed at their heads.Because the fear and murderous intent that almost permeated the entire battlefield had already permeated their souls and blood. Under the instinctive survival, only the consciousness dominated by instinct remained.

escape!

Escape to survive.

The continuous new lows of the lira instantly destroyed the will of all the bulls in the market. Facing the huge rise that devoured money and souls, the stop-loss orders fled frantically, almost instantly blowing up the lira at a rate of thousands of basic points per millisecond. At the position of 892.3850.

Everyone knows that if you run fast, you may still have a little left, and if you run slowly, you will face the result of being in debt.

escape!

If you escape quickly, you can still leave an arm, but if you stop the loss slowly, you will bear huge debts.

The densely packed closing positions poured down like no money, piling up on the handicap, numbers like a colony of ants, reflecting the blood-red color of the money skin.

Finished!

It's all over!

Looking at the dense handicap on the computer and the rapidly rising lira price, Qian Pi's whole body seemed to have been drained of all the blood, his face was pale and he slumped on the chair.

He knew it was over.

In this completely collapsed market, there is nothing that can stop the fall of the lira. He can only watch the wealth accumulated by the Italian people for decades being plundered.

Unwillingness, humiliation, anger, and self-blame were like a sharp knife piercing Qianpi's heart. He gave up the securities market and real estate market to defend the exchange rate, but he faced such a cruel price.

In a few months it will be winter, submerged under the vast snowstorm, and how many families of Italy's 7000 million people will die of hunger and poverty.

No!I can not be reconciled.

Italian people never like war, why those damn bastards are persecuting Italy time and time again.

Our Lady above!

God the Father!

Can you bear to watch Italy being invaded and plundered by those demons?

They are all your most devout servants!

The boundless desperation made Ciampi kneel down on the ground. Now the depreciation of the lira has far exceeded the lower track of ECU fluctuations, which means that Italy will be forced to withdraw from the European common economy.

And the central bank lost billions of dollars, which will be distributed to every Italian citizen.

What's even more frightening is that Italy relies heavily on imports of grain and cotton, and even coal. As the lira depreciates, domestic inflation will inevitably skyrocket instantly.

Winter is coming, and by that time, how many families will be unable to survive due to the loss of economic resources and the skyrocketing prices.

However, as the governor of the central bank, he can do nothing.

Scenes of tragic scenes could not help appearing in front of my eyes, countless old people and children froze to death and starved to death in the cold snowy night.

what should I do?

In humiliation and despair, the nails on his hands sank deeply into the skin, and blood dripped down the nails to the ground repeatedly.

Perhaps it was the pain that made people sober, and Qian Pi, who was immersed in great self-blame and regret, suddenly froze, and his eyes burst out with hope.

It's not that there is no way!

Yes, there is no way.

That damned oriental devil is now in Italy, as long as he is caught, he can get back the money he earned.

He can't afford to provoke Americans, he can't afford to provoke Germans, and he can't afford to provoke those bastards who are behind the scenes, but an Oriental, why should he maliciously short on the land of Italy?

That's right, it's just shorting. He maliciously undermined Italy's financial order.

Thinking of this, Qian Pi's spirit couldn't help but he rushed to Casio with red eyes like crazy, and grabbed Casio's collar fiercely.

Suddenly being attacked by Ciampi, Casio's smug smile instantly condensed on his face, and his handsome face turned pale with fright.

Working with Qianpi for a long time, he deeply knows how much the old-fashioned Qianpi loves this country.

Is he going to kill me?

Looking at those bloodthirsty eyes, Casio instinctively struggled and roared.

"Qianpi. You're crazy, what do you want to do? Let me go."

"Carol. Calm down."

"President Qianpi..."

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