Reborn Financial Overlord

"Yes, my lord. You'd better think about what we're going to do. I'm afraid it will add to the panic in the markets."

"..."

Carlos Salchaga didn't dare to hesitate any longer. As the Minister of Finance of Spain, he knew very well what a 15% plunge in the pound in 5.00 minutes meant.

That is the Bank of England, the most powerful central bank in the world for hundreds of years. If the pound can't hold on, then the peseta, which has depreciated by more than 20.00%, will only make things worse.The market has no emotions, but those who participate in the market have emotions. Once the panic in the market reaches its limit, it will be a nightmare.

Because, under the financial transmission mechanism, large-scale convergent trading will be triggered, and all short sellers will look for prey like hyenas.

At this point, in 87, Solchaga had already tasted the horrible market conditions. The US market plummeted, triggering a global crash.

All securities markets plummeted by more than 20.00%.

If the Bank of England, the most powerful central bank, cannot resist the short attack, then Spain may only be desperate to meet the doomsday.

At that time, he, the chancellor of the exchequer, will just wait for a decent resignation.

Regardless of the coolness of the night, Carlos Salza hastily dialed the dedicated phone number of British Chancellor of the Exchequer Norman Lamont.

London, England.

Norman Lamont looked at the Reuters screen and swallowed hard. His face was also blue and red. He never thought that the impossibility would become a reality when he just said it was impossible.

That feeling was like being slapped left and right on the face. Although it didn't hurt, it was really embarrassing.

Unexpectedly, the phone rang. It was a dedicated phone. Norman Lamont picked up the phone nervously, a little afraid that it was a reprimand from Major or even the Queen.

"Norman, it's me. Solchaga, I just received the news that the pound was attacked. How is it now?"

"It's terrifying, it's terrifying!"

Chapter 87 The Giant Pit

Norman Lamont's tone was filled with indescribable shock and panic. He never thought that the Bank of England, recognized by the world as the most powerful central bank in the world, would not be able to withstand it for 15 minutes.

Thousands of transactions are sold in one minute, how is this done?

Could it be that speculators all over the world are shorting the pound?

Or does the pound really have to be devalued?

Do not!

It must not be devalued.

Thinking of what he had said, Lamont quickly found enough reasons to veto this damn idea. If the UK were to withdraw from ERM at this time, then he would definitely be nailed to the shelf of shame in history.

Hanging up the phone with Salchaga, Lamont immediately convened a meeting with financial officials and Bank of England Governor Robin Leigh Pemberton.

"We have consumed 70 billion foreign exchange reserves."

“If sellers keep borrowing pounds from us to sell, we might not make it through next week.”

"I have contacted the managing director of the IMF, Michel Condesuu, and he has agreed to our request for a loan for assistance..."

"..."

"If it still doesn't work, we can consider doing something else, for example, raising interest rates."

"..."

The discussions between the consultant and the Bank of England made Lamont very upset. He was a little uncertain whether these dares would have an effect on the market.As the chancellor of the exchequer, he knows very well that the root of the problem lies in Germany. If the Germans can lower interest rates again, the pressure on the pound will be weakened infinitely.

"It would help us a lot if the Germans could lower interest rates at this point."

"..."

Meanwhile, Frankfurt International Airport.

A Super 100 plane with flashing lights landed on the airport runway with a roar. When the plane came to a complete stop, Shen Jiannan walked out of the cabin with big strides. The night wind blew, and a coolness came in, making one feel like autumn bleak.

Putting on the overcoat that Tang Dunhou handed over, he stood at the door of the cabin and looked around. A stone that was pressing on Shen Jiannan's heart was removed.

He has been worried that the emergence of programmatic transactions that should not appear in this era may cause certain impacts that are off track, but now, everything is still on the original track.

Otherwise, Schlesinger would not agree to have dinner with him at this time.

The Frankfurt financial center is located in the small town of Eschborn in Hessen, where there is the ancient Frankfurt Cathedral and the World Museum. In the slow flow of the Rhine, the German Central Bank is also located here.

After receiving the news from the airport, Helmut Schlesinger glanced at the exchange rate between British Pound and Mark on the computer, and a mocking smile appeared on the corner of his mouth.

Although the Financial Investigation Department did not find out that the UK was involved in the sniping of the lira before, he believed that the bastards in the UK would be able to see this kind of thing. Now, it is time for the bastards to see it. On the mainland, who should be the real master.

Boom!

There was a knock on the office door, and as Schlesinger looked over, assistant Annette Schwarz entered the office.

"Mr. Shen has arrived."

"Tell those reporters I'll be interviewing them at the Le Méridien."

Annette Schwarz was surprised immediately. The place where Schlesinger was going to have dinner with Shen Jiannan was the Le Méridien Hotel, where she was interviewed by the media.

God!

"This......"

"What's the problem?"

"Isn't it good to be exaggerated by the big mouths of the media?"

I just want them to add fuel to the story, otherwise, why would I be there to be interviewed by them.

Of course, such words must never be said.

Schlesinger adjusted the suit on his body, made sure that his appearance did not damage his image, and gave the assistant an answer that could be explained.

"I don't think there is any problem with this. There are multinational giants who want to invest in Germany. Shouldn't the governor of the central bank do something about it?"

"But ... he's the biggest short on the pound. I'm afraid that will send a different signal to the media."

"What does this have to do with us? If you want a headache, it's also a headache for those shit-stirring sticks."

Knowing Schlesinger's will, Annette Schwarz naturally couldn't say anything. She shrugged her shoulders to express her dissatisfaction.

"Schlesinger, I don't agree with the term shit stirrer. It makes me think I'm a piece of shit, which is disgusting."

"..."

Schlesinger found that he was speechless.

Le Méridien Frankfurt.

Reporters from The Wall Street Journal and a reporter from the German Financial Times Handelsblatt stood in the lobby of the hotel with their interview equipment and discussed.

They didn't expect that Schlesinger would accept their interview, and it seemed that it was arranged at a dinner.

This is big news.

The exchange rate of the British pound plummeted, and the eyes of the global investment industry are focused on Europe. Almost everyone is paying attention to what kind of actions Deutsche Bank will make.

Whatever Schlesinger says, the implications will be huge.

Suddenly, a group of capable and sharp-looking people in black suits and black ties walked into the hotel lobby.

Could it be that Schlesinger is here?

The reporters present were a little puzzled. The security of the financial district was very good, and Schlesinger had never traveled with such a big fanfare, but it seemed that this gentleman was the only person who came to the Le Méridien Hotel at this time.

Confused, the reporters stood up with their equipment in clusters, and surrounded the group of people.

"Step aside!"

"Please keep your distance."

"Come here again, don't blame me for being rude."

"..."

The rough pushing and ruthless pistols stunned a group of reporters.How these guys look like mafia and not bodyguards.

Uh......

It has to be said that a guy who can be a reporter has a vicious vision.

Only [-] million has been repaid, and [-] million is still owed. Katina arranged for a dozen people to follow Shen Jiannan to prevent this guy from running away, so when he came to Germany, these people came with him.

Then......

The reporters saw Shen Jiannan surrounded by a human wall.

"My God. It's that oriental devil..."

"Why is he here?"

"Schlesinger will come later."

"My God. Did they make an appointment to meet here?"

"My God, this is going to be super big news."

"..."

The name of a man, the shadow of a tree.

As the biggest villain in Europe today... no, as the biggest bear in the European currency market, there is no reason why major media organizations don't recognize him.

A group of reporters blushed and immediately associated Schlesinger's presence here.

Even many people have a wonderful idea, even if Schlesinger and Shen Jiannan will not have any intersection, but as long as both of them are reported here, it will be as terrifying as a bomb.

The combination of a German central bank president and a big bear against the European Exchange Rate Mechanism is too easy to imagine.

"Hello, honorable Mr. Shen. I'm Jordan Curry, a reporter from the Wall Street Journal. Are you here to meet Mr. Schlesinger?"

"Beautiful, hello. I'm Daniel Gundogan, a reporter from the Commercial Daily. I don't know why you came to Germany at this time?"

"..."

Chapter 88 Stepping into the second sequence

Unexpectedly, very unexpectedly.

Shen Jiannan didn't expect to meet reporters here.

However, in an instant, he understood Schlesinger's intentions.

It seems that the central bank governor really does not want the Bundesbank to become the European Central Bank, nor does he want the Deutsche Mark to disappear from the world, but wants to take the opportunity to give the British a stick.

Appearing here as him, even if he doesn't need to say anything, it is enough to express various problems.

Considering all kinds of problems, Shen Jiannan smiled and walked into the elevator without stopping. At this time, if he didn't say anything, the speculation given to the market might bring unexpected pressure instead.

"Mr. Shen, please stay."

"Mr. Shen..."

“…”

In the flashing lights, Shen Jiannan and his party arranged for the hotel to get on the independent special elevator. The reporters present regretted that they could not kiss the soles of his feet to get this interview opportunity.But at this moment, a car stopped at the entrance of the hotel lobby, and Helmut Schlesinger arrived.

Coincidentally, what a coincidence.

Coincidentally, the reporters present couldn't help thinking about it.

A big international short seller just got on the elevator, and the president of the German central bank appeared here. Who dares to say that there is nothing tricky about it.

The eyes of all the reporters on the scene lit up immediately, and they trotted around Schlesinger and his assistant at the entrance of the hall.

"President Schlesinger, the pound has fallen by 5.00% so far, will the German central bank consider implementing a new monetary policy based on the European exchange rate mechanism?"

"President Schlesinger, what do you think about the 5.00% plunge in the pound today following the collapse of the Italian lira and Spanish peseta."

"..."

"..."

Under the siege of long guns and short cannons, Helmut Schlesinger stopped in his tracks.

“I think. With the current problems with ERM, a broad adjustment in some currencies is better than individual adjustments in lira and peseta.”