Chapter 613 Collapse

Author: Flying Tank

Chapter 613 Collapse

"boss!"

About an hour later, the financial director and a few juniors entered the office and came behind Ma Zhihua and called him respectfully.

"How is it? Have you found any news about the pound?" Ma Zhihua looked out the window and asked without looking back.

"Boss, we have contacted our friends in Europe and the United States. The battle between Eagle Country and international hot money has now reached a fierce stage, but the most difficult impact on the British pound has passed.

The general environment is now optimistic about the pound, because international hot money will lose all its money this time." Seeing that the boss did not look back, the younger brother couldn't help but handed the information in his hand to Ma Zhihua, so he started to report:

"In Hong Kong, except for Lei Weidong, most businessmen are optimistic about the pound, especially after the new Hong Kong Governor entertained them at the Hong Kong Governor's House some time ago.

Everyone has contributed money to support the pound, and conservative estimates have raised more than three billion US dollars."

"Three billion U.S. dollars is really a big deal. Who is taking the lead?" Ma Zhihua felt relieved when he heard that there were two billion U.S. dollars supporting the pound in Hong Kong alone.

The old empire is an old empire, and it has strong cards. Just by inviting businessmen from Xiangjiang to the Governor's Mansion for a meal, they can get billions of dollars. Those international hot money may be their opponent.

"The main person on the Chinese side is Li Chaoru. During this period, he was jumping up and down and pulling a lot of people to support the pound. The main person on the Gui Lao side is Mrs. M, the Commissioner of Police.

Although she did not come forward directly, her female secretary was very active during this period and visited many ghost guys doing business in Xiangjiang. These people generously donated large sums of money to support the pound.

It is said that in London, Gui Lao has mobilized tens of billions of dollars to prepare for a counterattack against international hot money."

"Tens of billions of dollars. If we support the pound now, how much profit can we make?" Hearing that the Eagle Country has mobilized tens of billions of dollars in funds, Ma Zhihua became more confident in it.

"It depends on how much money we spend. If we use hundreds of millions of dollars and use ten times leverage, the profit can almost exceed 60 to 80%. Of course, the possibility of loss is also higher.

If the pound plummets by more than 10 percent, our money will be wiped out."

The financial director knew what Ma Zhihua meant. He wanted to take advantage of the opportunity of international hot money speculation in the pound to make up for the losses in the stock market. However, the risk in the foreign exchange market was too great. If it was not a small amount, he would lose all his money.

"Wealth Insurance Zhongqiu, you also said that there are so many people supporting the pound, it can be said to be a sure profit. In this case, why don't I give it a try and contact Hang Seng Bank for me. I want to mortgage the shares of Huaye Group." Ma Zhihua said.

"Lao Su, this is Ajun. I have good news for you. The fish has bitten the hook." Lao Liang picked up his cell phone and reported to Su Guoli.

"Okay, continue to monitor." Su Guoli responded.

The next morning.

Ma Zhihua reached an agreement with Hang Seng Bank. He took out more than half of the shares of Huaye Group, almost 25% of the shares, and loaned Hang Seng Bank US$500 million based on the market value of 5.81 shares that year.

Then he invested all these 500 million US dollars in the foreign exchange market, waiting for the pound to appreciate to make a lot of money. As a result.

——

The city gate caught fire and the pond fish was affected!

When international hot money launches a hunt for the pound, the first thing that cannot hold on is not the pound but those small European countries.

The first one to fall was Finland.

Under the attack of international hot money led by Wall Street, Finland could not hold on for a day and chose to lie flat, with its currency devaluing by 15%.

The second to fall was Sweden.

This powerful country in Northern Europe failed to resist the siege of hot money and fell after holding on for a few more days.

Finland and Sweden fell. While international hot money was targeting the pound, it also targeted the Italian lira.

In order to deal with international speculators, Italy borrowed tens of billions of dollars in foreign exchange from Hans.

But this is useless because there are too many domestic speculators.

Among the powerful countries in Europe, Italy's political arena is the most unstable, and its military is even known as the Noodle Army.

Even a life-and-death war can be lazy, let alone a currency war where no gunpowder can be seen.

Italy, which followed a policy of non-resistance, soon saw its currency, the lira, fall below the lower limit allowed by the exchange rate mechanism.

Italy is also pretty good.

Discuss the official devaluation of the lira directly with Hans.

Facing the shameless Italians, Hans couldn't stand it anymore. Because of the lira devaluation agreement, Hans's central bank promised to cut interest rates by 0.25%, but it would have to wait a few days.

The currencies of Finland, Sweden, Italy and other countries have devalued one after another, allowing international hot money to see the hope of successfully attacking the pound, so they launched a general attack on the pound.

"Gentlemen, you ask, can we withstand this impact?" Faced with the general attack launched by international qualifications, the Prime Minister of Eagle Country was very troubled and called all government officials to the Prime Minister's official residence.

"It should be no problem." The finance minister took out a handkerchief and wiped the cold sweat on his face, and said: "We have withstood the opponent's three attacks, and now is the opponent's final attack.

In order to cope with the final general offensive, we not only raised 20 billion US dollars, but in the East, Mrs. M and others also helped us find billions of dollars in foreign aid.

With so much money together, we can definitely withstand this attack.

In addition, Hans has agreed to cut interest rates. Although the intention has not started, it is enough to send a signal.

For financial markets, good news can boost everything.

At that time, a three-pronged approach will be adopted to ensure safekeeping so that international hot money cannot go around in circles.

"good!"

Seeing that the Minister of Finance was confident, the Prime Minister was very happy and shouted "Hello". Just when he was about to praise him, his secretary hurried into the Prime Minister's office.

"What are you doing in such a panic? Don't forget that this is the Prime Minister's office. Even if the sky falls, you have to stay calm." The Prime Minister was a little dissatisfied with the secretary's panic.

I plan to find an interface and replace it in a few days.

"Your Excellency, Prime Minister, something serious has happened. We just received a call from the Central Bank, saying that counterfeit banknotes were found in the foreign exchange reserves. There are quite a lot of them, maybe tens of millions or even hundreds of millions or billions."

The secretary loudly reported the report.

"What, there are tens of millions or even hundreds of millions or billions of counterfeit banknotes, not to mention whether there are so many counterfeit banknotes, but how is it possible for them to appear in the central bank's foreign exchange reserves.

Are the people who exchange foreign exchange blind?" the Prime Minister jumped up from the sofa and asked.

"Yes, it's a news report. Just now, a tabloid published news that there are fake U.S. dollars in the foreign exchange reserves of the central bank. They are super counterfeit banknotes. Except for the ink, everything else is exactly the same as the U.S. dollar banknotes.

The only way to tell the difference is to light it, because the ink is different and the fire that appears is different." The secretary replied with a pale face.

"You also believe the news from the tabloids. This must be a trick of international speculators. Don't pay attention to them." After hearing the news from the tabloids, the Prime Minister breathed a sigh of relief and waved his hand for his secretary to go down.

"The Prime Minister is not a trick. The tabloids in Shanghai published the serial numbers of the super counterfeit banknotes. The central bank conducted a self-examination and found that there were indeed US dollar bills with the serial numbers.

I lit one by the way and found that the burning flame was red, while the burning flame of real U.S. bills was blue. There are indeed fake U.S. bills in the central bank's foreign exchange reserves, and there are a lot of them. A conservative estimate is that there are more than a billion dollars.

.”

"More than one billion, I'm still conservatively estimating how such a large amount of money entered the central bank." When he heard that there were more than one billion in counterfeit banknotes, the Prime Minister's face turned pale.

"Except for lighting this money, there is no way to verify its authenticity. As for the source, the central bank was not afraid of converting it into pounds in order to mobilize foreign exchange during this period. As a result," the secretary's voice became lower and lower.

"Is it possible to hide it?" After hearing that there were counterfeit banknotes in the foreign exchange preparations mobilized, amounting to more than one billion, the finance minister knew that he had to suppress the news.

If it leaks out.

Not to mention that the central bank's 20 billion foreign exchange reserves will be invalidated, but it will definitely affect their use, because you cannot be sure how much of the central bank's foreign currency is counterfeit, and you have to verify it bit by bit.

It doesn't matter at ordinary times, a waste of time is a waste of time, but now the pound is being attacked. If the central bank's foreign exchange cannot be used, what impact will it have?

The Minister of Finance can be sure that once the news gets out, the Eagle Country's economy will be ruined.

"I can't hide it. That damn tabloid wrote everything clearly. It also found several witnesses and said that there were counterfeit coins in the money taken from the bank. Now the central bank has been surrounded by reporters. Everyone wants to find out about the central bank.

How many counterfeit U.S. dollars are there."

The secretary smiled bitterly and said: "We can only use administrative pressure to disperse it."

"The reporter's lack of urgency and dispersal will not work. The key is to attack the pound. If the news spreads, then the pound..." said the finance minister.

"If you can't stop it, then stop it. If you surrender and lose some money, do international capital really dare to eat up the Eagle Country?" the Prime Minister said fiercely.

Nice talk with the Chancellor of the Exchequer.

After the news came that there were hundreds of millions or even billions of counterfeit banknotes in the central bank's foreign exchange, the rise in the pound due to the central bank's buying of pounds and Hans's announcement of a salary cut immediately reversed.

But after the Eagle Countryers dispersed the reporters and began to give up on themselves, the pound plummeted by 10%!

Everyone knew that the pound could no longer hold up, and everyone began to sell the pound. Because there were too many people selling the pound, there were no buyers for the pound in the market.

Because of the counterfeit banknote incident, compared to the original time and space, the Empire on which the Sun Never Sets was not a simple blood loss but blood spurting from arteries, the kind that was pumped with water pumps.

The losses were so huge that Niu Niu would not be able to recover for several years or even more than ten years.

Direct losses, that is, foreign exchange losses, exceeded US$24 billion.

If you include those who cheer for the pound.

Total losses exceeded $30 billion.

This much money naturally fell into the hands of international hot money such as Quantum Fund and Lei Weidong.

Among them, Quantum Fund made the most profit, making a profit of US$5 billion from the pound alone, of which Soros personally made US$2 billion.

If you include income from Finland, Sweden, Italy and other places, Soros earns even more money.

Lei Weidong's profit was a little less than that of Quantum Fund, but because he invested more funds, 10 billion U.S. dollars, his final profit exceeded 4 billion and nearly 5 billion U.S. dollars.
To be continued...