Reborn Financial Overlord

As a result, the production of such services had to be expanded accordingly. While the financial pressure continued to increase, the efficiency of providing public services was bound to suffer due to the lack of an effective incentive mechanism. The increase in the scale of the public service sector meant that more and more scarce Resources are transferred from private production to social welfare production, resulting in resource allocation distortions at the level of industrial structure.

Based on basic economic principles, it is conceivable that the long-term consequences of the Swedish-style welfare state system must be inefficient resource allocation, distortion and weakness of economic incentives, and the deteriorating government's financial situation.

Since resources, including people's time and energy, are scarce, competition and the principles of opportunity cost will always come into play.

There is no such thing as a "free lunch".

Moreover, when social welfare is almost “free” and equally open to citizens, people who enjoy rights will pay another price, that is, the price of waiting in line. Many people who have power and relationship resources will definitely get the moon first , so the behavior of business relationship and rent-seeking must be encouraged.

The logic is simple and clear. You only need to grasp the principle of relative prices and understand the concepts of opportunity cost and economic rent, and it is not difficult to imagine the economic consequences of the welfare state model.

In the past 20 years, the Swedish government deficit has grown sharply. In 1985 alone, the increase in national debt reached 1975 times that in 10.

At the same time, the inflation rate remains high, and in order to promote exports, the exchange rate of the Swedish krona has been depreciated repeatedly, making the inflation situation worse.Before and after the G1976 signed the Washington Agreement, the exchange rate of the krona depreciated by 3% in 1977, 6% in 10, 1981% in 10, 1982% in 16, and [-]% in [-].

Until 1991, the krone was unilaterally anchored to the ecu and implemented a fixed exchange rate system.

Druckenmiller, who had his eyes closed, opened them, and a gleam flashed across his brown pupils.

Also in Europe, Sweden and Finland are facing the same capital flow problem. After the reunification of Germany and Germany, Germany has continuously raised interest rates and the value of the mark has continued to rise.

Since Sweden is unilaterally attached to the ECU, and the core weight of the ECU is the Deutsche Mark, it is transmitted to Sweden through Sweden's fixed exchange rate, further raising the Swedish interest rate.

However, the long-term high welfare has overdrawn Sweden's potential, causing the Swedish economy to show signs of crisis. In order to prevent the crisis, the Swedish government proposed tax reform in early 91.

At the same time, the central bank raised bank interest rates to implement a tightening monetary policy.

With the monetary tightening, the securities market plummeted by 30.00%, and real estate prices also fell by 20.00%.

ISK 5.8545 sold 666

.....

Looking at the krone trend on the computer, Druckenmiller did not hesitate any longer and picked up the phone decisively.

beep --

The phone rang twice and was connected.

"John. It's me, Stanley. I need you to take a position in Swedish krona."

"Yes. Short sale. $[-] million."

"..."

What is a fixed exchange rate?

A fixed exchange rate is an exchange rate in which the exchange rate between one country's currency and another country's currency is basically fixed, but in fact, a fixed exchange rate does not mean that the exchange rate is completely fixed, but fluctuates around a relatively fixed parity upper and lower limits.

The highest point of the range is called the "upper limit" and the lowest point is called the "lower limit".When the exchange rate rises or falls to the upper or lower limit, the central bank will take measures to keep the exchange rate unchanged.

Finland, Helkissin.

Six tall, burly, and extremely sturdy women stood in the office of Geman Investment Management Company in a military posture.

If the Bank of Finland had cried out that the banker was there not long ago, he would have recognized one of the women.

There are no coincidences in the world, and under the general trend, there has never been a coincidence.

Still, when coincidences become coincidences, it's better to choose to make the coincidences a little more coincidental.

It's not a question of being afraid.

".Irina. Be careful on the road. If something goes wrong, safety comes first."

"Don't worry, miss. Even if the Finns knew about it, they wouldn't dare to touch us if they had a hundred guts. We haven't committed a crime."

"That's good. My plane has been arranged. When you get to the airport, someone will meet you."

"Goodbye, miss."

After saluting, Irina Shayk silently cast a beseeching wink at Shen Jiannan, then turned around and left with a few people.

Only Qi Na and Shen Jiannan were left in the huge room. They knew each other well and didn't need any scruples anymore. Qi Na cheered and threw herself on Shen Jiannan.

"Honey. What are we doing with Sweden now?"

"Lady. Lady. The word fuck is not allowed to come out of your mouth."

"..."

Chapter 90 Devil 666 (Revised)

The aggressiveness of the Russian girl was best displayed in Zena Kanowski.

She pushed Shen Jiannan down on the office chair in an unladylike manner, her green eyes gleamed charmingly, her green fingers rubbed his chest, raised her slender, white and strong thighs, and pressed him onto the chair.

"Isn't that your favorite word to hear me say? Darling, are we going to fuck Sweden together?"

Threat!

Outright threat.

Qina Kanowski is proficient in martial arts and soft skills. Now that she is locked with her thighs and arms, Shen Jiannan has no possibility of escape, so he has to choose to surrender.

"Baby. Listen, there is an idiom in our Chinese language called shengdong hitxi. Our attack on Sweden is just a decoy, it is not a very good target."

"Why? Yulia told me that Sweden's situation is similar to Finland's, or even worse than Finland's."

"this....."

Shen Jiannan didn't know how to answer.

He can't say that Sweden is much more shameless than Finland.

Raising his hand on the tightly gripped waist, Shen Jiannan tried to divert Qi Na's attention, and after making her unable to concentrate to threaten others, this fellow finally found a chance.

"Baby, you can't be so greedy as a human being. There is a famous person in China called Cao Cao, have you heard of it?"

"Cao Cao?"

"Yes."

"Shen. You are such a pervert."

"Honey. It's not what you think. Cao Cao, he's alone."

"A bastard like that?"

"He's more of a jerk than me, and he likes wives the most. Wait, what we're going to talk about now is not this. The way to use troops is to attack the heart first, and to attack the city is the bottom. Norway and Iceland have very good relations and are politically and economically allied, and it is impossible for us to defeat them all."

"But we can choose to break them down one by one."

Shen Jiannan grinned, and took a bite of Qi Na's body as a compliment.

"That's the problem. We want to break the mark, and the Swedes, the Danes, and Norway will certainly not sit idly by. So we need to round up Finland, which is a bait for Sweden's position."

"Bait?"

"Yes, we need to make the other four countries overwhelmed."

"What does that have to do with what you're talking about?"

"..."

When a woman is confused, a man naturally needs to give her the best explanation.

Shen Jiannan and Qi Na explained Cao Cao, but when he saw the computer not far away, his blood boiled, and his black eyes flashed with excitement.

Fish, ticked.

On the computing screen with a width of more than two meters, a series of green numbers, like praying mantises gathered together, are densely packed. People with trypophobia may feel extreme fear at a glance.

SEK 5.8545 sold 666

SEK 5.8645 sold 666

......

The downward movement of two hundred basic points, the extended trend chart, is exploring downward like a waterfall, but when it is approaching the lower track of the krona fixed exchange rate, a large red number will suddenly float on the screen, reducing the krona price Push it up again.

Going back and forth like this, the krone price comparison trend looks like countless Ws intertwined together, just like a loom.

Suddenly...a 2000 green sell order came out, followed by countless large sell orders, which smashed the price of the krone through the floating lower track of the krone exchange rate.

SEK 5.9845

......

The financial market is conductive, and this conductivity is reflected in the market, which is often called linkage.

For example, when the price of bulk commodities rises, the stock prices of related commodity mining and production will fluctuate accordingly; or, when the price of crude oil fluctuates in distance, the prices of refined oil and other petrochemical products will also fluctuate synchronously.

The political and economic alliance of the five Nordic countries is like a big ship tied together. There is me in you, and you in me. They help each other and rely on each other. This is destined to have a strong linkage between their financial markets. Sexually, with the selling of the Swedish krona, the Danish krone and the Norwegian krone moved almost simultaneously.

DKK 4.6503 Sell 2000

DKK 4.6503 Sell 2

DKK 4.6603 Sell 2000

DKK 4.6603 Sell 2

DKK 4.6603 Sell 2

DKK 4.6603 Buy 2

......

NOK 6.3325 Sell 2000

NOK 6.3325 Sell 2

NOK 6.3425 Sell 2000

......

London, Capital One Trading.

Looking at the trend of foreign exchange futures segmented on the computer, William yelled excitedly.

Here comes the wolf.

Like a school of sharks smelling blood, large-scale capital has noticed the Nordic exchange rate system, and new capital has entered the market, and when it comes up, it is a big deal.

who is it?

It doesn't matter.

What matters is that the possible Finnish reinforcements are now being dragged back, and it is simply impossible to assist the Finnish Mark.

Bang bang bang!

Four hours to defeat the Finnish central bank, thinking of the task assigned by the boss, William's heart beat like a drum, but at the same time, he couldn't help but feel a surge of pride.

So what about Finland, a bunch of chicken and dog ears.

Taking a deep breath, and controlling the restlessness in his heart under his belt, William glanced at the tired Robert John.

"Old carrot head! Please continue your wonderful performance."

The old carrot head was playing a game of eagle and chicken with two girls, and when he heard what William said, his whole body suddenly became extremely excited.

"Guys. It's been 10 minutes now. Show me your fighting strength and kill these bitches."

"Oh, Karma. Zhang, your hand speed is as slow as eating shit. Are you not as brave as a bad old man like me?"

You ass!

Zhang Daniu cursed inwardly, he didn't understand why Robert, with his little girlfriend Lucy Baden-Powell, was still alive and well every day.

It's a pity that Robert can't hear his voice. If he could, he would tell him: young man, you don't know anything about the charm of money.

clap clap-

How can a man be compared to others.

Being ridiculed by Robert, Zhang Daniu concentrated all his energy and slapped the keyboard like a tentacle monster.

Markka, 4.5955 sold 666

......

Markka, 4.6055 sold 666