America's Big Hero

"Yes, we know that the pound will definitely depreciate, but when? This time is uncontrollable." Soros adjusted his mood and became confident in finance again, "Just one point, among the member states of the European Exchange Rate Mechanism, It is not just the UK that is facing problems, Finland, Sweden, Italy, Spain, including France, are all facing economic recession, and only the German economy is improving and on the rise.”

"If someone sells short in the foreign exchange market, then, at this time, the British finance minister and 13 other countries jointly negotiate with the Germans. Is it possible for the Germans to cooperate? Several of their countries raise interest rates, and Germany cuts interest rates. It doesn’t take long to raise their currency, with a leverage of 20-400 times, most speculators can blow up their positions in a few days!”

"The risk is too great!" Soros said firmly.

Sean rubbed his chin. He knows a lot of financial operations. Even if he is a top student who graduated from the finance department of a few famous universities, he has theoretical experience at most.

Sean only knew that Soros had succeeded in his previous life, and in this life, because he stood taller, saw more, found the cause of the problem, and because he didn't like the British, he was ready to make some money by the way, but he I don't know exactly how Soros operates.

"Go ahead." Sean raised his hand, his expression unchanged, and Soros was still under a lot of pressure.

"We have concluded that the British pound and the currencies of several other countries will depreciate. We want to make this money, but the method must not bind the timeline." Soros continued: "Our operation method, to put it simply, is to start with The targeted countries lent a lot of their national currency and then dumped it in the financial markets and converted it all into dollars."

"Among the total foreign exchange reserve currencies in the world, the US dollar, British pound, franc, mark, and Japanese yen account for 98% of all foreign exchange reserves, and the currencies of other countries have no value at all in the market!"

"It doesn't matter if you sell a small amount. Once the amount exceeds the red line of the financial market, their currency will inevitably plummet. In order to save their currency, they can only use US dollars to buy their currency to ensure the balance of the market. However, how much money does their central bank have? What about dollars?"

"As long as we sell hard enough and consume all the dollars in their hands, the result will be, wow!" Soros made a downward gesture and said excitedly: "They can only give up their national currency and let it fall. .”

"At this time, we will repay the debt in US dollars according to the exchange rate in the market, and the rest will be our profit."

"Of course, it's not that we don't go into the foreign exchange market to short, but it must be after we start operating their currency."

"Sounds good, but." Sean frowned at Soros, "Then what does this have to do with you not taking my 100 billion?"

"It doesn't take that much!" Soros said bitterly, his face froze: "Take the UK as an example. Their financial industry is very developed, but the UK's foreign exchange reserves are only 440 billion U.S. dollars."

"As for other small countries in Europe, their foreign exchange reserves are even lower. For example, Finland, Sweden, etc., their foreign exchange reserves are less than 20 billion US dollars!"

"Even if you invest 100 billion yuan, it won't be needed." Soros spread his hands with a helpless expression on his face.

"Uh..." Sean blinked his eyes, no, are you kidding me, foreign exchange reserves are so low?

Sean remembered that the foreign exchange reserves in the north were only 110 billion US dollars at that time, and he was still talking about the low foreign exchange reserves and no money.

You are a developed country in Europe, you told me that the total foreign exchange reserves are less than 20 billion?

Bah, disgusting!

Of course, he didn't feel that Soros dared to lie to him, and borrowed some courage from this bad old man.

So, are the people in the north too prepared for danger in times of peace, or are Europeans just bragging?

Actually neither...

It’s because the plate in the north is too big. It’s a huge monster. 21% of the world’s population can crush these small European countries to death with just a single movement.

Thailand, one of the four Asian tigers, had a total foreign exchange reserve of only US$97 billion in 240.

Sean frowned for a while, and licked his lips, "I remember you just said that you will also short the foreign exchange market after you start to act."

"Yes, but it doesn't take so much money!" Soros didn't know whether to laugh or cry, "My dearest and most respected sir, the plates of these small countries are too small, do you know how big a storm will be caused by 100 billion entering the financial market? That’s where the minimum leverage is 20 times, but in fact, even the most conservative operators will not use less than 50 times leverage, and aggressive operators will use 200 times leverage.”

"Throwing in a billion dollars, 10 times can play a role of 50 billion dollars."

"For example, Finland's GDP last year was only US$1400 billion, Sweden's GDP was only US$2600 billion, and its foreign exchange reserves were less than US$20 billion. How could they have a market of US$500 billion in the foreign exchange market?"

"Isn't it said that the foreign exchange market is a financial wave? How much money is thrown into it is a drop of water?" Sean frowned more and more, which was different from what he knew.

"No, who said that, this, this..." Soros couldn't laugh or cry, "This so-called drop of water has to be divided into whoever puts it in. A drop of water for ordinary people is tens of thousands of dollars, and your hand is worth 100 dollars." [-] million……"

"Do you know how many countries in the world have foreign exchange reserves exceeding US$100 billion?"

Sean replied with a guilty conscience: "50? Can't it be less?"

Soros suppressed the urge to roll his eyes and drew a number, "10! Most of them are just over 100 billion!"

"So little?" Sean was startled, "Impossible, I know that group of local tyrants in the Middle East, whose foreign exchange reserves are tens of billions!"

"You also said, it's the Middle East, a group of oil sellers, who would talk to them about finance?" Soros smiled and shook his head, "They are not normal countries, okay, a small country like Nai, with foreign exchange reserves They are all more than 200 billion, and they reserve dollars not because they need so much foreign exchange, but because they have to do so, and they must follow the route set by the United States!"

"Besides, what's the use of their own currency? Those rich people in their country use US dollars on weekdays!"

"In addition, foreign exchange reserves and US dollars are two different concepts. Foreign exchange reserves belong to the national bank and are the money of the country, not in the hands of private individuals." Soros explained again.

Well, Sean let out a sigh of relief. He really didn’t pay attention to these data. They are all inherent impressions. The problem is that these impressions come from decades later. Now the foreign exchange reserves of all countries in the world except the United States are more than that.

The disordered timeline caused Sean to misjudge many things, and the current financial market is just about to embark on the fast lane.

Take the United States as an example. Before 90, the real economy was still the mainstay. It was not until 95 that the high-value-added hollowing out of high-tech and finance began, and Wall Street became an important force leading the United States.

Before that, Wall Street was just a foil and white glove for those big names in the real economy.

It is also a few decades later, when billions and tens of billions of dollars are thrown into the financial market, it is like a drop of water.

"Damn Falk!" Sean scolded irritably, "I don't care, don't talk about it, I want to invest money anyway!"

Soros froze for a moment, crystal clear teardrops fell out of his big cloudy eyeballs.

"Fake, don't cry, stop!" Sean couldn't take it anymore, you're a fucking man in his 60s, what do you look like crying, if you don't know, you think something is wrong with me you.

"Wait, okay, wait, we have to take it step by step, and we will talk about it when we apply it to the British, but the British can't afford such a large amount..." Soros snot and tears, eyes full of tears. It was sad, "If we move, Wall Street will definitely follow suit. It is impossible to eat alone. How can there be so many shares!"

In Soros' plan, in the end, it must be done with the strength of Wall Street, and everyone will be beaten to death if they eat alone.

If people make trouble at that time, things will get out of control.

Damn, Sean started cursing, "Then tell me, how much can you take!"

His purpose is to clean up the British, so he can't ruin his own business.

"20..." Soros took a sneak peek, saw Sean's brows raised again, and quickly changed his words: "30 billion, the most, I can't say more, we have to increase leverage, even the lowest leverage will become 600 billion, which is more than the foreign exchange reserves of the United Kingdom, how can I let those big banks get a share of the pie."

"Why do you have to find those big banks?" Xiao En didn't understand, so he asked.

"If you don't find a big bank, how can you lend money? Even if it's a small country like Finland, if I, Soros, go to borrow money, they might be alert immediately. How could they lend me money? Who doesn't know about my Quantum Fund? What are you doing!" Soros looked helpless, his reputation was bad, and it was hard to borrow money.

Uh... Sean scratched his head, it really is.

These countries are not stupid. If Soros borrows the Finnish mark, the Italian lira, and the British pound, it is no wonder that they will lend you.

What's the difference between that and handing over the submachine gun to yourself?

Sending death is not like this.

Sean Bank is also a major international bank, but he really can't participate in it. His obligations are mainly in South America, Southeast Asia, and North Africa.

If the currencies of these countries are needed, he can help with turnover and lending, but his business has not yet extended to Europe.

"Okay, okay, it's settled like this, that's it, you go." Sean started waving his hands to drive people away, what the hell, there is still money to spend these days, it's disgusting!

Soros breathed a sigh of relief. After he relaxed, he realized that his whole body was sweating, his body was weak, his mind was dizzy, he stood up and fell back down again, his legs were all weak.

It was as if all the spirit and energy in my body had been sucked away by Xiao En, the goblin, and I was exhausted physically and mentally!

Sean rolled his eyes, he didn't bother to talk to this guy, what kind of financial predators, shit!

I can't even eat 30 billion, it's like a small shrimp, disgusting!

After gasping for breath for a while, Soros stood up tremblingly. The 61-year-old man was tortured too hard by Sean.

Walking out of the villa and being exposed to the warm sunshine of the Aegean Sea, Soros shuddered, feeling as if he had seen the sun behind the clouds and regained his new life.

In fact, although Soros’s record of shorting the British pound is advertised as the greatest transaction in history, and he is praised by the book as the man who defeated the empire on which the sun never sets, in fact, Soros only made $10 billion in this bloody financial battle. .

This money is not all his, it is the proceeds of the entire Quantum Fund.

Of course, the British lost more than this, resulting in a total loss of 270 billion pounds in foreign exchange reserves and 34 billion pounds in financial losses.

If it is expanded to the whole of Europe, the loss will be even greater.

This is even more astronomical if you don't count the money that evaporated invisible after the currency devaluation, but the money didn't fall into anyone's pocket, it just evaporated.

Soros left, and Sean's mood didn't improve. He didn't find any money when he went out. Isn't this a loss of money?

Too lazy to care about what Soros would do, Sean made a phone call, and the Sky Palace returned to New York to pick up the whole family. Sean wanted to spend a vacation here.

He has been eating sand in Saudi Arabia for more than a month. He has worked so hard for the happiness of the YLK people, the Arabs, the Israelis, and the American people for so long. He also needs to relax.

As for the situation on YLK's side, he is going to command by remote control and fly over if necessary.

On the other hand, Soros did not delay any further in Athens, and returned directly to New York on his own private jet.

Although he was physically and mentally exhausted from being tortured by Sean, it cannot be said that he was not rewarded.

At least one point, I have a bottom line in my heart!

With Rockefeller at his back, he is not afraid that these European countries will retaliate against him again!

The waist is hardened!

I, Solo·Profound Background·S!

Chapter 535: Murdoch's Violent Entry

This person is different when he has confidence!

Before the Soros plane landed, he called all the senior executives in the Quantum Fund to prepare for a meeting.

There are only 5 people in the conference room, all of whom are senior executives of Quantum Fund and absolute elites in the financial industry.

In half an hour, Soros briefly talked about his trip to Greece to meet Sean.

To sum it up, Mr. Sean Rockefeller deserves to be the successor of the next generation of the Rockefeller family. He is calm, calm, and has a clear positioning.

These words are used to describe a capitalist, and they are definitely not derogatory terms.

Soros continued: "It was a pleasure communicating with Mr. Sean!"

He first made a qualitative decision on this matter.

"Mr. Sean also discovered the problems of the European economy. He also believes that the pound is dangerous now, but he does not have much experience in finance. Therefore, he hopes to join forces with our Quantum Fund to short the European market."

"Sean, the Rockefeller family behind it, and the U.S. government are not interested in the profits of the financial market. They are planning the share of the foreign exchange reserve market and the oil market. Of course, this has nothing to do with us. Let me tell you This is to tell everyone that there is no need to have any burden on your heart, and you can use whatever method you want, and this time, Rockefeller and the U.S. government are standing behind us!"

"Justice, fearless!" Soros encouraged several collaborators and subordinates.

Ting Gao Soros said this, and several collaborators cheered up immediately, yes, we are on the side of justice, fearless!

Druckenmiller, Soros' assistant, a shareholder of Quantum Fund, was responsible for the previous long position in Deutsche Mark!

Scott Besser, a financial expert and real estate expert, has been shorting real estate stocks in the UK market for the past few months and has made a lot of money.

Druckenmiller was the first to speak, "The German economy is developing strongly, and their export products are highly competitive. German Finance Minister Schlesinger is relatively conservative. The current German fiscal policy has put Germany on the fast track of development. He’s not going to change German fiscal policy until there’s a better, safer way, and I don’t think there’s a stronger incentive for Germans to raise interest rates now.”

"The idea of ​​the European Exchange Rate Mechanism is very good, breaking geographical restrictions and strengthening commercial activities, but the Germans as the center will not sacrifice their own interests for the interests of other countries, unless one day the European currency is unified."

Soros looked at Scott Besser again, "Our ultimate goal is the British, Scott Besser, tell me your judgment."

"The problem in the UK is very complicated. They have only joined the exchange rate mechanism for a few months. The ERM stipulates that the exchange rate fluctuation range should not exceed 7%. The pound has been stuck at this point for a long time." Scott Besser smiled Said: "The British are very uncomfortable now, they played a bad game."

"The Bank of England can solve the problem by raising interest rates, but the interest rates on real estate mortgage loans in the UK are usually floating. If the central bank raises interest rates, the British people will immediately have repayment pressure. The decline in consumption will make the UK already in recession worse. Raising interest rates is likely to generate a lot of bad debts, and the banks that lend out will not agree to it unless they want to go bankrupt."

"Another point is exports. The Bank of England's interest rate hike will inevitably lead to a stronger pound, and the appreciation of the pound will also reduce the competitiveness of export companies, and what's more, they will lose money and go bankrupt. This will inevitably be a major blow to the already sluggish British economy."

"So, my judgment is..." Scott Besser paused suddenly, deliberately procrastinating like an awards ceremony to create tension. He is a playful character, although he is also in his 50s.

"The British will definitely raise interest rates!!" After that, Scott Besser laughed loudly, "I just joined the European Exchange Rate Mechanism and couldn't even keep it offline. I was kicked out in embarrassment. I never set an empire Don't you want to lose face!"

"No one cares more about face than the British government. Even if we know it is wrong and there is a problem, our British gentlemen must be tough to the end. They will never admit it. They will die with style!"

"Like the best L85 series rifle in the world."

As soon as this remark came out, the originally tense conference room suddenly burst into laughter, mocking that it is a repertoire of the Americans that the British want to save face and suffer.

Soros was very satisfied with a smile on his face. He could tell that you all have unique skills!

"Let me make a conclusion. In order to maintain their dignity, the British will definitely raise interest rates. However, due to the consideration of the domestic market environment, this rate increase will definitely be controlled, and the pound will remain in the floating range of 7%. Within." Soros concluded: "This will lead to their domestic contradictions, public attitudes, bank attitudes, foreign trade companies and the government are seriously separated."

"The British are very powerful, we must admit this, but a British with internal conflicts is not scary! No one has ever thought about the pound, and we, the Quantum Fund, will be the first!"

"Leave a famous name in history and create a precedent!"

In a word, everyone in the meeting room is excited. Yes, it is just a fund company, fighting against the British Empire. Even though the current British Empire has slipped many times from its peak, it is still the most powerful country in the world. one!

After some mobilization, Quantum Fund immediately started to act.

It is said that Americans work 8 hours a day, rest two days a week, and never work overtime...

In fact, the money is still not in place!

There is a time difference between the United States and Europe. This time we are fighting in the European base camp, and all the time is coordinated with that side.

……

Quantum Fund is the same thing in Wall Street. After all, it is just a financial company that controls less than 20 billion US dollars.