Rebirth of the Financial Overlord
Chapter 406 The Group of Thirteen Nations
Eastern Time, twelve o'clock.
Federal Reserve Chairman Alan Ellingspan made a public speech: In view of the signs of recession in the global economy, the Federal Reserve will decide to cut the discount rate by 0.5 basis points on the 15th of this month.
It was like a bomb detonated in an instant. With the news of the Federal Reserve's interest rate cut, world-renowned media organizations also carried out publicity reports.
【Daily Mail】
The Fed cut interest rates, predicting that the global economy will enter a cycle of interest rate cuts. It is believed that the European Community will make more concessions in this negotiation.
【The Times】
The rate cut by the Federal Reserve marks the existence of a certain downward cycle in the global economy. In view of the continuous downturn in the European economy in recent years, it is necessary for the Bundesbank to make the right choice.
On the morning of the same day, major European newspapers interpreted the Fed’s rate cut as the United States’ concerns about the European economy and to prevent possible economic downturns with a more relaxed monetary policy. Many analysts believe that Germany, as the core of the ECU, needs to provide Make more concessions for the development of the body.
Because this G13 meeting, in addition to discussing the issue of European harmony, the goal of the alliance also includes the establishment of the European Central Bank.
The general trend, like the balance, is tilted on interest rate cuts.
With the overwhelming news circulating around the world, it seems that Germany simply has no other choice. If Deutsche Bank continues to insist on existing interest rates, it will become the public enemy of Europe.
Schlesinger, why doesn't Germany cut interest rates? Now even Americans are worried about the future of Europe's economy because of the situation in Northern Europe. Why do you still insist on the current interest rates? God, do you understand economics?
Nine o'clock London time.
Norman Lamont grabbed the Fed's statement and the media's public opinion, and roared at Schlesinger.
Things are already clear. Even Americans are worried about the current European economy. Deutsche Bank is about to assume the responsibility of the European Central Bank. There is no reason not to cut interest rates.
Lamont's aggression made French Finance Minister Michel Sapin's eyes flash with disdain. Like Schlesinger, he also hated Lamont's omniscience.
Mrs. Thatcher's privatization and reforms gave the British economy a short-term stimulus like taking drugs, but now all kinds of toxicity in the past have emerged. If Lamont really knows everything, as Lamont said, the UK will How could it be weakened to the point where it is now.
No one understands economics better than me!
Ha ha, is it true that Britain is still the empire on which the sun never sets?
Something like an idiot.
However, it is one thing to despise and dislike, and quite another to do it.
Today's Germany is too strong, which is not a good thing for France. If it can be used to force Germany to make concessions, then France's status in the ECU will inevitably be improved again. It's too much fun.
Mr. Schlesinger. I very much agree with Mr. Lamont's suggestion. The United States has realized the crisis that the European economy will face and made concessions. What are you still insisting on?
People always have a herd mentality.
This conformity is compared to herding.
With Lamont's aggressiveness and Sapan's aggressiveness, Italian Finance Minister Giovanni Giuseppe Goria's eyes suddenly rolled up.
There is nothing worse than a powerful neighbor, right next to France, in some respects, Italy and France are economically tied, and economically, Germany's rate hikes, while not affecting France, make Italy feel huge The pressure is even worse than the situation in the UK.
In the past few years, the sales of Italy's fur business have been declining due to changes in the Soviet market, and the interest rate difference with Germany has caused a lot of capital to flow out of Italy.
Compared with the foreign exchange reserves of the Bank of England, Italy's foreign exchange reserves are only 5 billion, and its ability to resist risks is much worse. Goria didn't even dare to think about what kind of crisis it would cause if what happened in Finland were played out in Italy.
Honorable Mr. Schlesinger. I also agree with Mr. Lamont's suggestion. If what happened to Finland is repeated, it will be a huge disaster.
Mr. Schlesinger. I
Rate cut!
Rate cut!
As if it had been discussed, all the finance ministers present demanded that Germany cut interest rates.
The reason is particularly sufficient.
The Americans have cut interest rates. If Germany wants to be the European Central Bank, there is no reason not to lower interest rates.
So, Schlesinger was almost blown up.
You idiots, can't you see that this is an American conspiracy? They just cut interest rates so that you can force Germany to cut interest rates.
Can't you see it?
The guy who can be the Minister of Finance, which one is a good stubble, but since the Americans have sent a pusher, why not push it for the benefit of their own country.
Pairs of eyes stared at Schlesinger, and under the watchful eyes of both pairs, Schlesinger was so angry that he walked out of the venue with his hands shaken.
Damn shit stirrer.
Schlesinger hated Britain.
Fifty years ago, it was Britain who stood on the opposite side and caused Germany to fall into division. Fifty years later, it was this damn shit-stirring stick to destroy the pattern of European unification.
And Italy is simply a pig teammate.
They dug a hole from behind for fifty years, and now they jump out to dig a hole again.
A bunch of idiots.
Finland, Helkissin.
Shen Jiannan stopped Qina Kanoski's waist, and walked into the VIP room of the bank with the eyes of the president of the Postal Savings Bank of China looking at the flies.
Now that Mark's price ratio has been locked, it is naturally time to redeem the mortgaged US treasury bonds.
There is always a contrast between chic and unrestrained, just like happiness is always built on the pain of others. Looking at that oriental face, the president of the Postal Savings Bank of China seemed to have shit in his throat, disgusted and hated.
But what can he do, the rules of the game are there, and he has nothing to do.
In the shortest possible time, the two parties settled the settlement. When Geman repaid the mark that he had borrowed from the bank, the bank president didn't want to stay any longer, and found a reason to leave the reception room.
The tepid sun hangs high in the sky, and it makes people feel comfortable when it shines on human skin. He put on his sunglasses and glanced at the sun in the sky. Shen Jiannan raised his eyebrows.
Honey. They don't seem to welcome us!
Honey. What a slut you are! Do you have to piss off all the Finns?
No no, I love Finland.
Qina Kanowski couldn't help but rolled her eyes, but a charming smile couldn't help appearing on her face.
From the bottom of her heart, she fell in love with her lover's shamelessness and bastard.
Men aren't bad and women don't love, right?
But thinking of the recent news in newspapers and TV, the smile on Qina's face could not help but pause.
My dear, according to the recent news, it is very unfavorable to our position. If the German Bank chooses to cut interest rates, then we may have to bear huge losses.
You'll Also Like
-
Sweet pet, abstinent president seduces little secretary
Chapter 280 7 hours ago -
After binding the kindergarten system, it attracted the attention of the whole network
Chapter 173 7 hours ago -
Prince of Tennis: It's my system. My victory depends entirely on the host.
Chapter 170 7 hours ago -
Rebirth Era: After the Beautiful Sister-in-law Refuses to Open Business
Chapter 458 7 hours ago -
Quick Wear: The villain is arrogant and cute
Chapter 242 7 hours ago -
I'm reborn, only a fool would spoil you
Chapter 372 7 hours ago -
The top CEO is my ex-boyfriend
Chapter 665 7 hours ago -
Reborn Ugly Girl Farming to Support the Family
Chapter 264 7 hours ago -
Quick-travel system: The host is having a blast in the small world
Chapter 307 7 hours ago -
Zongman: People in Conan, raising cats and mice
Chapter 658 7 hours ago