Dominate South Asia

However, the glory of the British Empire made Edward absolutely disagree: "We export fighter jets to India. This is our own internal affairs of the United Kingdom. We will not be obstructed by any force. Interference in our internal affairs of the United Kingdom is interference in the entire NATO."

"Don't bring NATO into this." Muhammad said: "You are just the United Kingdom, and you cannot represent the entire NATO! In recent years, we Pakistan have been bleeding and sacrificing to deal with the Soviet Union, but what we got in return is betrayal. I am very angry about your actions."

"Sorry, I repeat for the last time, this is our internal affairs of the United Kingdom." After Edward finished speaking, although he was angry in his heart, he still politely said goodbye and left, trying to maintain the demeanor of a diplomat.

"President, what should we do?" After the British ambassador left, old Arslan asked.

"The Americans and the British are wearing the same pants. It won't be long before the Americans will come to warn us not to interfere too much in the transactions between Britain and India." Muhammad said.

Wearing the same pants, Muhammad's statement is very appropriate. In fact, it is more appropriate to say that the British are carrying shoes for the Americans.

In short, India is too weak, which is not in the interests of Americans. Americans have always been wary of Pakistan's strength. After all, Pakistan has a stronger relationship with China.

"So, we need to be faster." Muhammad continued: "Let our ambassador go to Rajiv now and ask him to pay the debt. It is only natural to pay the debt. Then announce the exercises we are going to conduct."

Like last time, Pakistan cannot turn against the United States now. It is keeping a low profile. Although it feels uncomfortable, it has to endure it for the time being. At the beginning, it supported the state of Hyderabad, taking advantage of the fact that the American protests had not yet arrived. Pakistan announced it, so that its political goals have been achieved.

Pakistan is just a developing country. There is no special way to coerce the British. Although the British are now a second-rate country, they still have the mentality of the empire on which the sun never sets. The British will not be threatened by Pakistan.

After arranging countermeasures, the day has passed. When returning to their villa. Lilith has prepared dinner.

"Dear, why do you look unhappy today?" Lilith asked Muhammad.

Now that Pakistan has gained an absolute advantage over India, it seems that there is nothing in the country that can worry Muhammad. Therefore, seeing Muhammad like this now, Lilith couldn't help but be curious.

"It's all the hateful British." Muhammad said, "They actually colluded with the Indians and cheated us of a fortune."

Thirty million pounds in Hyderabad! This is a considerable fortune.

"In this case, we might as well teach the British a lesson." Lilith said, "Dear, don't forget. Hong Kong is still under the jurisdiction of the British."

Yes, Hong Kong is under the jurisdiction of the British! Although there are still ten years left. The British are about to send Hong Kong back to the embrace of the mainland, but now, after all, it is still ruled by the British. If the British mess up Hong Kong's economy in these last few years, the British will lose face.

"Yes, in this case, let's just have a financial battle!" Muhammad's eyes were full of fire: "Let the British lose more than 30 million pounds!"

A few years ago, in 1983, due to concerns about the future of Hong Kong, a lot of funds left Hong Kong, which also caused the depreciation of the Hong Kong dollar and inflation. The Hong Kong economy was greatly affected. The British government invested a lot of money to save the market, and the losses were also quite heavy.

In 1935, the Hong Kong dollar was directly linked to the British pound, and in 1972, the British government decided to let the British pound float freely. After that, the Hong Kong dollar was once linked to the US dollar. In 1974, due to the weakness of the US dollar, the Hong Kong dollar changed to free floating. The initial floating exchange rate system operated smoothly, but in 1977, due to excessive growth of currency and credit, the trade deficit expanded, inflation, the Hong Kong dollar exchange rate continued to decline, and the rare rush to buy goods in speculative activities further worsened the depreciation of the Hong Kong dollar, and finally became the Hong Kong dollar crisis.

After this crisis, the Hong Kong government implemented a new exchange rate policy, that is, a linked exchange rate system pegged to the US dollar at a fixed exchange rate of 7.8 Hong Kong dollars to 1 US dollar.

In this case, when issuing banknotes, the issuing bank needs to submit the equivalent amount of US dollars to the HKMA at the exchange rate of 7.80 Hong Kong dollars to 1 US dollar, and record it in the account of the Exchange Fund to purchase the debt certificate as the support of the issued banknotes. On the contrary, when the Hong Kong dollar banknotes are recovered, the HKMA will redeem the debt certificate, and the bank will recover the equivalent amount of US dollars from the Exchange Fund.

As long as the US dollar remains stable, the Hong Kong dollar can remain stable. Issuing Hong Kong dollars based on the US dollar will allow the Hong Kong dollar to grow healthily.

This system is much higher than the previous floating exchange rate. In history, even if Soros came with a big mouth of **, he did not take away more wealth and finally returned empty-handed.

However, in later generations, there is already a strong mainland finance as support. At that time, in order to stabilize the Hong Kong economy, the mainland also paid a lot. Now, the Hong Kong government is still supported by the United Kingdom. Then, to stabilize the Hong Kong economy, the British government needs to continue to provide strong financial support!

Because, the US dollar will also be greatly affected by this storm!

"It's also very simple to deal with Hong Kong's economic system." Lilith said: "The issuance of Hong Kong dollars is based on US dollar cash as a reserve. In addition to cash, various deposits also belong to broad money. Even now, the cash in circulation in Hong Kong is only more than 60 billion Hong Kong dollars, and the broad money is about 2 trillion Hong Kong dollars. Hong Kong's foreign exchange reserves are only about 700 billion Hong Kong dollars. Therefore, as long as we do something to shake the public's confidence and a considerable proportion of Hong Kong dollar deposits run on US dollars, Hong Kong may have a credit crisis."

Now Lilith is already an economic expert. When talking about these economic problems, Lilith can see the trick at a glance.

Now, there are still 4 million US dollars in the currency in the Hong Kong stock market. These US dollars are enough to have a significant impact on Hong Kong's economy.

"Okay, Lilith, you will be our general in this counterattack against Britain." Muhammad said, "This time, let the British continue to bleed!"

The former British Empire has long lost its dignity, and their current economic capabilities are only that of a second-rate power, while Pakistan's economy has made great strides, especially the information from later generations, which has allowed Pakistan to gain a lot in the international financial market. Pakistan now has the ability to stir up the British economy.

It may be difficult to directly disrupt the order in the UK, but it is quite easy to stir up trouble in Hong Kong.

Under Muhammad's instruction, Pakistan finally launched a financial war, and Black Friday came earlier than in history.

Wednesday, September 9.

In the morning, after dinner, Li Sheng walked into the stock exchange hall with a vigorous step.

There were already crowds of people here. Although the stock began to fluctuate in the past two days, overall, it was still stable and rising. Everyone was full of confidence and looked forward to the stock continuing to rise today.

Many people have invested their life's wealth here, and Mr. Li, who is in his fifties, has chosen to retire early and spend every day in this stock exchange hall.

Many people have not eaten yet, and they are eating breakfast bought from fast food restaurants while waiting for the stock market to open.

"I hope it can break through 4,000 points today." A familiar person said to Mr. Li: "If it exceeds 4,000 points, I will sell all the stocks. I have made enough money. I will go back to enjoy it with the money. It is enough for the rest of my life."

"At the beginning, you said you would withdraw at 3,000 points, then it was 3,500, and now it is 4,000 again!" A person next to him laughed at him and said: "If it really reaches 4,000 today, you are afraid you will say you will wait for 4,500 again?"

Hearing this, the man smiled and shook his hand: "No, I really want to sell it this time." Although he said so, he was still thinking in his heart, are you really willing to sell it? What if it continues to rise?

No one is willing to sell it. Seeing that the money is put in the stock market and keeps making money, who will take the money out? Isn't that a fool?

"It's already open!" another person said, looking at the big screen in front.

Mr. Li found an empty place, sat down, and looked at the display above.

Yesterday, the market was more than 3,800 points, and today, it rose again to more than 3,900 points.

Looking at the rising numbers, everyone's heart was beating along with it. The numbers are rising, which means that their wealth is rising!

,... It seems that there is no problem reaching 4,000 points today!

However, just before 3,950 was reached, the curve reached the daily limit! Then, it began to decline.

Declined? How is it possible? This must be a fluctuation, it must be a normal fluctuation!

Everyone held their breath, even those who were eating stopped chewing in their mouths. Seeing that the curve began to decline, they felt their heartbeats slowly increasing.

No way? This is just a normal change!

The hot Hong Kong stock market has attracted a large amount of hot money from outside, which is why Pakistan can earn more than 100 billion US dollars from the Hong Kong stock market, but this has also reached its peak.

No one noticed that in Hong Kong, and even in the United States, people were constantly selling the Hong Kong stocks they held. When $40 billion worth of stocks were sold, the amount of new funds entering the stock market simply could not reach that much. This could only lead to one result.

Stock prices began to fall! (To be continued ~^~)