Reborn Financial Overlord

No.16 The impact of spreads ()

While Hong Kong was panting under the high temperature of nearly 35 degrees, the country called Finland in the north of the earth was called by the white night, ushering in a cool midsummer with an average temperature of less than [-] degrees and various carnivals.

Because winter is always long and cold, people here are always full of enthusiasm for the short summer. Most Finns spend Midsummer with family or friends in holiday cottages away from the city. Those who stay in the city will Gather at the party.

Some go to music festivals, which range from jazz, blues, rock, opera to chamber music; Read the newspaper, lie on the deck chair on the beach, enjoy the sea breeze, bask in the sun, and read the newspaper while drinking beer.

For the Finns, life should always be enjoyed in moderation, and that is called life.

However, these are past tense.

With the decline of the securities market, the decline of the real estate market and the reduction of export trade, tens of 10 people suddenly lost their jobs, making it difficult for many people to enjoy the comfort and enthusiasm brought by summer.

There is no way, although the world is very big, but if you want to see it, you will have more than enough desire but not enough energy.

Helsinki, Manne hi mother road.

Mika Hakkinen bought some newspapers from the Post and Telegraph kiosk and read them as he walked.

He is a technical worker at the Seula Paper Mill, but the paper produced in the factory is mainly exported to the Soviet Union. With the drastic changes in the Soviet market, the business in the factory has been greatly reduced in recent years. Under the deteriorating operating conditions, The boss had no choice but to reduce expenditure and choose layoffs to avoid bankruptcy of the company.

Unfortunately, Mika Hakkinen was one of the employees who were made redundant.

He had a daughter and a son to support, and suddenly lost his source of income. Although he still had some savings, he had to hurry up and find a new job.

It’s just that Mika Hakkinen’s process of finding a job was not smooth. His technology was learned in paper mills, and the paper industry in the entire country was severely impacted by the deterioration of the Soviet market. Many factories had a large backlog of products. There was even bankruptcy.Coupled with the continuous downturn of the securities market and the desolation and deterioration of the real estate market, Mika Hakkinen failed to find a suitable job for a month in a row.

Nibbling on the bread in his hand, Mika Hakkinen found a bench by the side of the road and sat down. He had already made plans, no matter what kind of work, even if it was abroad, he had to go to work first. .Otherwise, the deposits I saved before will probably be exhausted soon.

"Morning News" is one of the largest media newspapers in Finland. In addition to Finnish economic current affairs and hot news, it often publishes some recruitment information behind it.

After eating the bread in his hand, Mika Hakkinen habitually turned the newspaper to the end, looking for the recruitment information in it.

Hiring Chefs, Classrooms, Administration...Truck Drivers...

Holding a pen, Mika Hakkinen looked back and forth on the recruitment information one by one to find a suitable job for him.But unfortunately, after reading it from beginning to end, he couldn't find a job that suits him.

A little irritated, he turned the newspaper upside down, and Mika Hakkinen felt even more irritated immediately.

A very familiar cover character occupies one-fifth of the newspaper's space.

Governor of the Bank of Finland, Anning.

Pictured message: The central bank decided to lower the benchmark interest rate by a few tenths of a percent starting from June 6.

It's all financial and data news.

The Ministry of Statistics stated that in the second quarter, the national unemployment rate increased by 5.00% to 15.00%.

The GDP growth rate fell by [-]%, a year-on-year decrease of [-]%.

Economist Ge Ning said that the securities market is related to the healthy development of enterprises and has an important impact on economic development. According to the current domestic economic environment, it is hoped that the central bank can intervene in the market and stabilize the stock market that continues to decline in turn.

It was all bad news, and Mika Hakkinen was in no mood to read it anymore, especially the central bank's decision to cut interest rates.

The lowering of the benchmark interest rate by the bank means that the income of the money stored in the bank will be reduced by [-]%. Now that the job income has been cut off, the bank interest is getting less and less, which is simply terrible.

"These bloody incompetent bastards!"

Mika Hakkinen was upset and couldn't help cursing angrily, but he didn't even know whether he was scolding himself for his incompetence or Ge Ning's bastard.

bell bell -

A burst of rapid phone ringing suddenly came, and it was the phone that Mika Hakkinen was carrying with him. He threw the newspaper aside, frowning, and pressed the call button.

"Mika. It's me, Davis."

Jari Kovalainen, like Mika Hakkinen, used to work at the Seula Paper Mill, but he was fired a year ago and had no choice but to seek more opportunities in Western Europe. They are all skilled workers, and they have a pretty good relationship in the factory, and occasionally contact them by phone.

"Oh. Davis, long time no see. Why did you remember calling me?"

"Long time no see, I miss the days when we worked together. Mika, how are you doing now?"

"It's just terrible and I'm now also out of work and looking for work."

"Sorry. This is really sad news."

"How are you doing in Germany?"

"Not bad. I came to you this time to tell you about an opportunity to make money. Did you know that not long ago, the German central bank raised the deposit rate by [-]% at one time, and the annualized return can reach [-]% Sixth. I think we can take the money to a bank in Germany and deposit it."

"What? Six percent annualized income? Really?"

"Of course it is true. I deposited all my money in Deutsche Bank last week, Mika, you should act quickly, this is really a good opportunity."

"..."

Soon, the two chatted for a while and hung up the phone.

With a look of excitement on his face, Mika Hakkinen made up his mind.

Deutsche Bank is the largest commercial bank in Germany, and there is definitely no risk in depositing money in it.

The Finnish mark is pegged to the ECU, and the exchange rate with the German mark has not fluctuated much. Compared with Finland, which currently only has an annualized return of 30%, depositing 3000 in Deutsche Bank can earn an additional [-]% per year Five income, that is, more than [-].

That's a lot of money, and there's no risk involved.

Without further hesitation, Mika Hakkinen threw the newspaper into the trash can and walked towards the Bank of Finland with big strides.

There has never been a real secret in the world. When a message is conveyed to another person's ear, it will soon be conveyed to another person's ear.

Click, click, click...

Goldman Investment Management Ltd., London, UK.

Amidst the constant clicking of the fax machine, one document after another was printed out with ink.

Not long after, a tall, blond, middle-aged woman collected the printed documents and rang the office of the general manager of the company.

In the office, Qina Kanowski was holding the phone in her hand, and she was shaking with laughter. As the assistant put the documents on the table, she clamped the phone around her neck, grabbed the documents and glanced at them.

A line of enlarged fonts is neatly arranged at the top of the document, with the title: Beware of the Devaluation Crisis of the Finnish Mark.

Author: Shen Jiannan.

Chapter No.17 Gou Nan is Meticulous

"The economy is a way of exchanging wealth. Hundreds of years of economic market show that there will always be ups and downs in the operation of the economy, which we call economic cycles.

Statistics from the Finnish Labor Department: In the second quarter, the national unemployment rate increased by 5.00% to 15.00%. The GDP growth rate fell by [-]%, a year-on-year decrease of [-]%.The data will not be faked, it clearly tells us that the Finnish economy has fallen into a bottleneck. "

"......"

“As we all know, Finland’s economy mainly relies on export trade, but with the drastic changes in the former Soviet Union’s market, it has dealt a serious blow to Finland’s export industry, and hundreds of thousands of paper and pulp mills had to close their doors to look for new industries, and related industrial chains have also been hit to varying degrees.”

"..."

"The economic barometer of the stock market can be seen from HEX in Helsinki, Finland. Since June 1991, the stock market has fallen by 6% from its year-on-year high. In the process of economic exchange, there is a transmission mechanism, which is affected by the stock price Influenced by the decline, real estate prices in Helsinki fell by more than 40.00% in four months.”

"..."

"The Bank of Finland has decided to cut the benchmark interest rate by [-] percent."

"..."

From Finland's local economy to Finland's export industry data, and then to Finland's employment rate, real estate market, and securities market, Shen Jian Nanyang wrote hundreds of words profusely, citing data from various departments in Finland and the current market situation.Rigorous, truthful, fair and impartial, neither exaggerated nor falsified, all data are officially released by Finland.

At first glance, there is nothing wrong with it.

All the text is written from an objective point of view, and it is also data that everyone can see, and there is no disclosure or speculation by insiders.But Qina Kanowski was educated by Shen Jiannan, and she often had in-depth exchanges, so she couldn't see the tricks in this article.

It is completely evasive, subverting concepts, and misleading the public. It never mentions the changes that the Finnish government is trying to make, and never mentions that the Finnish government and Finnish companies are speeding up to adapt to market changes, and the infrastructure improvements that the Ministry of Finance will invest in.

Qi Na has never heard of the allusion that there is no silver 300 taels here, but how can she not understand the meaning.

Such an eloquent article by Shen Jiannan just expresses one meaning. Finland is going to end, and the Finns themselves say they are going to end. Everyone can see these economic data.

But this is not the worst.

I sorted out and analyzed the data released by various departments in Finland, and mentioned in the article what impact the economy will have on Finland.

"The actual situation, which is starting to match the false hopes of some Finns, is much, much worse."

"With people out of work and wage growth out of line with inflation, real incomes have already begun to fall sharply."

"The sharp drop in the stock market has greatly reduced the wealth of many families, but if the Bank of Finland wants to save the market from falling, it will inject more funds, but if the currency circulation increases, it will make the Finnish mark bear a huge burden. pressure."

"Many households will quickly realize that their standard of living will slip, they will become overly indebted and they may even go bankrupt."

"..."

“The Bank of Finland made the same mistake as the Finnish households, it underestimated the impact of the water release and will start cutting interest rates periodically, hoping to save inflation.”

"..."

"Finland is approaching a tipping point of unsustainable economic growth."

"..."

"If the Bank of Finland insists on continuing to govern the new interest rate decision in the near future, it will have to change the status quo regarding Finland's export trade, but unfortunately, there is currently no sign that Finland is ready to do so; it can change the improvement in Finland's trade expectations, if the Bank of Finland Without this, Finland's economic recovery will take at least five years to complete, during which time Finland will face more crises."

"..."

"Lots of people's incomes have been affected by the decline in interest rates."

"......"

"The economy is a process of exchange, so capital is always highly mobile. The long-term decline in interest rates will drive some capital to leave the Finnish market and go to other countries with higher interest rates to obtain higher returns. income."

"..."

"Not long ago, the German central bank raised the benchmark interest rate. The central bank's implementation rate reached 5.00% .

"..."

"We do not want to see Finland plunged into a currency crisis because of an economic crisis."

"..."

"But we have to remind the Bank of Finland that it is time to see reality in order to avoid a bigger crisis."

"..."

Shen Jiannan: The chief analyst of Geman Investment Management in Russia, the chief investment consultant of Kamandi Investment Management in Russia, and the manager of Hong Kong's second joint investment fund. Focusing on international economic and financial research and currency fields, he has rich theoretical research and market experience.

After reading the document in her hand, Qina Kanowski couldn't help shaking with laughter. With her eyes, how could she not see the viciousness and sinister lines of this article, and it was extremely despicable and shameless.

He is obviously singing about emptying other people's markets, and wants to induce changes in people's hearts, but he still needs an attitude of me doing it for you and showing compassion for others.

It is simply as hateful as it is, and as shameless as it is.

"Heck...Shen, you are so bad. If this report gets out, the Finns will hate you to death."

"I know it's hard to be a good person. That's why there is an old saying in China, that is, a dog bites Lu Dongbin, and you don't know a good heart."

"Shen. Why are you so shameless."

"Qina, my baby. How can you say that I have no teeth. Have you forgotten that my teeth are not only very white, but also very sharp."

Shen Jiannan's joking and rascal tone provoked Qina Kanoski's winking eyes, holding the phone, she leaned on the back of a comfortable chair, and said charmingly.

"Honey. You agreed to go to France with us. When will you fulfill your promise?"

"Baby. Do you miss me?"

"Yes. I miss your slick tongue, do you miss me?"

"Of course. I think of your beauty every day in my dreams. If I don't see you for a day, I feel like I'm going crazy."

"Then when will you come back, Yulia and I are waiting for you."

"I will as soon as possible, but you have to give me a little time, I need to go back to Huaxia."

"Okay then. Honey, I bought a set of sexy lingerie at Chanel yesterday, um... lace, but I don't know if you'll like it."

"..."

Chapter 18 Killing Finnish bastards