Rebirth in 1989: Creating the Chinese Technology Empire

Time is slowly coming to September, and the whole of Europe seems to be filled with an invisible and intangible cloud.

Many countries are now waiting for Germany to express its stance, as are the wolves on Wall Street, and Xu Huasheng's team is also watching.

Because this time, Xu Huasheng mobilized quite a lot of funds. In the pound market alone, US$100 billion was mobilized.

This 100 billion U.S. dollars bet on the exchange rate of the British pound against the U.S. dollar with ten times leverage.

100 billion U.S. dollars, ten times leverage, this is a 1000 billion position betting on the exchange rate futures of the British pound against the U.S. dollar. This amount of funds is ready to kill the pound.

This is courage, this ability to mobilize funds, even Soros's Quantum Fund has stepped aside.

For the sake of safety, Xu Huasheng also mobilized 60 billion US dollars to buy the British pound. This billion US dollars was to help Soros and others. In the final stage, he desperately smashed the exchange rate of the British pound. The more he smashed, the more Xu Huasheng earned. sharp.

At the same time, Xu Huasheng also used 50 US dollars, and also used multiple leverage to deploy in Finland, Sweden, and Italy.

If you don't take the opportunity to make money for free, you won't take it. Anyway, you have enough funds in hand now, and you can make plans.

The current economic situation in Europe is seen by many people and countries.

Entering September, news reports in Europe have been surrounding Germany in the past few days. Now all European countries hope that Germany can cut interest rates, because only if Germany cuts interest rates can they be saved.

But it is obviously impossible for Germany to harm its own national interests and the independence of the Bundesbank for the benefit of other countries. Although European integration requires the establishment of the US dollar, Germany is not a fool. The euro is the euro and the mark is the mark. The mark must still maintain its independence.

"The drama is about to begin..."

In the Quantum Fund's office, Soros's eyes shone brightly after hanging up the phone.

The overall situation has been decided and the drama is about to begin.

September 1992, 9, Finland!

This period was difficult for Finland because the exchange rates between the Finnish mark and the German mark were directly linked. After Germany raised interest rates, many Finns changed their Finnish marks into German marks. After all, the German marks have high interest rates.

By September the exchange rate of the Finnish mark against the German mark continued to fall. In order to maintain the currency price, the Bank of Finland had to sell the German mark and buy the Finnish mark, but the Finnish mark continued to leak wildly.

The Bank of Finland has no choice. After all, the German marks they hold are limited.

So, they acted.

Just today, the Finnish government directly announced that the Finnish mark and the German mark will be decoupled and a free exchange rate will be achieved.

When the news was announced, many people smelled something different.

And this piece of news also caused the Finnish mark to plummet a lot. And Wall Street capital, which has already been deployed in Finland, has begun to harvest.

Because they were involved in all this, they had already guessed that Finland would not be able to survive.

"here we go……"

Huaxia, Xu Huasheng’s face was all smiles after receiving the call.

Sure enough, just like in the original time and space, Finland was the first to be unable to hold on, and Finland was the fuse, directly overturning the European currency.

"Stay steady and remember not to be exposed in the early stage. The pound is our main goal."

Xu Huasheng explained that whether it is Finland, Sweden or Italy, they are all appetizers. Xu Huasheng and the others only need to pick up the slack in these places.

The real big one is the pound.

The collapse of Finland was like a fuse, directly detonating the currency crisis in Europe.

On September 9, Wall Street capital attacked Sweden. Swedish overnight interest rates soared to 9%, and Sweden fell.

Then Wall Street capital entered Italy, the Italian lira's exchange rate began to plummet, and Italy's announcement to raise interest rates was useless.

On September 9, the Italian lira exchange rate fell below the maximum lower limit allowed by the European monetary system, and Wall Street capital made another victory.

At this moment, there is a dark cloud hanging over the whole of Europe.

Especially the UK, but the UK is still a bit optimistic at the moment. They feel that the crisis will not befall them. They also have their reasons.

First, the Bank of England has successfully withstood the impact on the pound since August.

Second, on September 9, the Bank of England raised US$3 billion to defend the pound.

Third, the Bundesbank has cut interest rates by 0.25%.

These three reasons are good news for them.

On Monday, September 1992, 14, the battle for the pound officially began!

Soros and the others officially started to act and began to sell pounds in their hands, but this time the selling was just a small test. The Bank of England repurchased US$700 million in pounds, and coupled with the news of an interest rate cut in Germany over the weekend, the pound exchange rate has rebounded a bit.

"Mr. Lamont, it's not good..."

On September 1992, 9, British time, a staff member suddenly broke into Lamont's office, holding a newspaper in his hand.

"what happened?"

Lamont asked quickly. As the British Chancellor of the Exchequer, Lamont has been experiencing a lot of headaches during this period.

"Would you rather see it yourself?"

The staff handed the newspaper to Lamont, who quickly read it.

After seeing the content, Lamont looked ashen.

This is from the Wall Street Journal. Bundesbank President Schlesinger was interviewed by the Wall Street Journal and Handelsblatt.

In this newspaper it was stated: The Bundesbank President believes that a broad adjustment of European currency exchange rates would be better than a separate adjustment of the lira.

Lamont was startled, breathing heavily. Schlesinger's speech was tantamount to calling for the devaluation of the pound.

The words of the president of the Bundesbank represent Germany’s attitude.

"Get Schlesinger immediately and ask Germany to issue a statement to refute the rumors. They can't do this..."

Lamont was worried, really worried.

This newspaper is simply driving Britain to death.

Just when Lamont was anxious, in the United States and on Wall Street, Soros's Quantum Fund also announced that it would sell the pound.

"Mr. Miller, our general attack has begun..."

Inside the Quantum Fund, Soros said with a smile.

"Yes, it has begun. Tomorrow is the last battle..."

Druckenmiller was smiling and his eyes were filled with anticipation. They are looking forward to the final battle tomorrow. If they win tomorrow, they will be able to make over a billion dollars in the pound market alone, no problem.

They are waiting, and Xu Huasheng is also waiting, waiting to take action at the critical moment tomorrow, directly collaborating with Soros to directly smash the pound.

Didn’t Rothschild like to play finance? So this time, let Rothschild try a taste of finance. Let’s see if it’s their Bank of England that’s more powerful, or it’s Soros and other Wall Street capital companies that are more powerful.

This is not only a competition between two capitals, but also a competition between two countries’ soft power. Europe wants to build the euro, and if the United States does not hinder them, it will not be called the United States.