Chapter 【Chapter】Strength is needed to fight
【Chapter 100】Strength is needed to fight
After one billion pounds was dropped, the exchange rate of the pound fell by one percentage point, but there was no movement from the other party. Soros was a little happy. He thought his judgment was correct and the other party had no funds.
At this time, Miller came in again: "According to the news we just received, the British government once again announced a five percentage point interest rate cut."
As soon as Miller finished speaking, the computer screen immediately showed that the billion pounds that Quantum Fund had just poured in had been completely eaten up. The exchange rate of the pound did not fall but rose by one percentage point. Soros, who had just been in a good mood, was
The destruction is complete.
"Mr. Miller, what do you think it means when the UK suddenly announces that it will lower interest rates by five percentage points?"
"I think the British government feels that they have the power to maintain a reasonable exchange rate for the pound. To be sure, they have powerful helpers."
Soros shook his head and said: "My opinion is exactly the opposite. We should continue to sell the remaining two billion pounds. Now it depends on who can hold on to the end."
Another billion pounds fell. Soros looked nervously at the computer screen. As this big order was sold, the selling of pounds became more and more fierce, and the exchange rate dropped another percentage point. Fifteen minutes later
, there was still no movement from the other party, and the exchange rate of the pound fell another percentage point.
"Okay, now the opponent has no bullets. There is only half an hour left before the closing. As long as the exchange rate of the pound drops another three percentage points, we will win the bet this time."
Zhu Mingyang, like Soros, was also staring closely at the computer screen at this time. The traders were also watching these closely. Although they were all in their own dedicated offices, they were naturally very nervous. This was a big gamble. If he won,
Well, the Lide Company in London will definitely cash in on such an opportunity. If it loses, it will lose 10 billion US dollars.
At this time, in the trading room dedicated to Li De, the four people were looking at Zhu Mingyang nervously.
Li Desheng didn't speak, he just stared at the computer screen in front of him quietly, but some people couldn't hold their breath.
"Boss, do you want to eat it now?" Brian asked even more nervously.
Zhu Mingyang smiled and waved his hand and said: "Wait a moment, this is the opponent's last act of madness. There is still half an hour before the closing. I estimate that the opponent will sell their last pound before the closing.
And this number may still be one billion."
Zhu Mingyang looked at Li Desheng sitting next to him and asked calmly: "How much money are there now?"
"When you came, you brought 30 billion U.S. dollars, and we borrowed another 20 billion U.S. dollars from Jade Bird Financial in Hong Kong, and borrowed 5 billion pounds from the Royal Bank of England. Currently, we have only two funds available for use.
In addition to one billion pounds, there are still 20 billion US dollars that have not been used." Li Desheng will definitely not tell anyone except Zhu Mingyang that Hong Kong Jade Bird Financial is also Zhu Mingyang's industry. Of course, he also thinks that no matter how many pounds Soros throws away,
They all have the ability to eat it.
Zhu Mingyang smiled and said: "Two billion pounds is enough."
Will next to him also looked at Zhu Mingyang strangely, how could his big boss be so confident, or how did he know that the other party only had 2 billion pounds left in his hands?
In fact, Will didn't know that Zhu Mingyang's confidence came from his grasp of the history of his previous life. In order to block the British pound, Soros established a position of 10 billion US dollars. This morning, Soros's memory of selling the British pound was almost over.
At present, the most it can offer is one billion pounds. Even if Soros comes up with another ten billion pounds, Zhu Mingyang’s unknown financial resources can still afford it.
Of course, Zhu Mingyang didn't care about these small amounts of money. He asked Li Desheng to borrow 20 billion US dollars from Hong Kong Jade Bird Financial in the name of lending for two purposes. One was to prevent those international financial speculators from knowing his true background;
Yes, it also plays an insurance role. Although we know the direction of history in previous lives, who knows whether the trajectory of history will change in this life due to external forces! You Zhu Mingyang can be reborn, won’t the history of future generations not be the same?
Did a little bit of change happen?
That is to say, when the closing time was only fourteen or five minutes, Soros poured in the last one billion pounds. The exchange rate of the pound turned downward, and it was about to reach the price Soros wanted. At this moment,
Suddenly a huge purchase order was placed, not only taking in all the two billion pounds invested by Soros, but also the
The selling orders of some retail investors were also wiped out. Not only did the exchange rate of the pound not fall to Soros's desired price, but it also rose by five percentage points. At this time, the British government once again announced that it would cut interest rates by five percentage points, plus
After being lowered by five percentage points last time, the interest rate remains at yesterday's position without any change.
Soros has no funds in his hands, and the closing time has come. This means that his attack on the pound has completely failed. If it is just like this, it doesn't matter. The key is that Soros puts his investment in
All the money was lost, including the three billion US dollars and five billion pounds he borrowed, and this amount of money has exceeded three times the entire Quantum Fund.
At this time, he was like a puppet, staring at the computer screen with absent-minded eyes. In this huge gamble, he not only lost all the assets of the Quantum Fund, but also incurred huge debts.
, he now has no other option except bankruptcy.
The bustling building of the Quantum Fund was as silent as death. Everyone knew that the Quantum Fund was finished, Soros was finished, and they were also finished.
Miller walked in, pulled up a chair and sat in front of Soros. The two looked at each other, and neither one spoke.
Ten minutes later, Soros struggled to open the drawer. Before Miller could react, Soros pointed the gun at his chin. With a gunshot, Soros' head felt like a watermelon had been smashed.
It seems that it exploded. From now on, there will be no more financial tycoon Soros in this world, and his name will be nailed to the pillar of shame forever.
Miller stood up and walked out of the office without saying a word. Soros was dead. Miller should think about his future now.
Completely opposite to Quantum Fund, bursts of cheers rang out from different offices of Lide Investment Company in London. Although they did not make much money in their counterattack against Soros, they made four dollars in the stock market and futures market.
More than 10 billion U.S. dollars, and the Warwick Investment Company established by Li Zongen of Berlin, Germany, has gained even more. The 100 billion U.S. dollars invested actually reached a ratio of 1.6, and it has obtained more than 60 billion U.S. dollars. Of course, this does not include
What I gained from going to Hong Kong...
At this time, the phone rang. Zhu Mingyang had just called, and the excited voice of British Prime Minister John Major came over the phone: "Mr. Zhu Mingyang, we won, and I thank you on behalf of the British government."
Zhu Mingyang smiled lightly and said: "Congratulations, Mr. Prime Minister, our cooperation this time is very successful. Shouldn't you fulfill your promise next?"
"Of course, in the name of Prime Minister, I assure you that the British government fully agrees to the conditions you have proposed. Now I will go to see Her Majesty the Queen immediately. I believe that we will meet at Buckingham Palace before long."
Major's gratitude is sincere. If Zhu Mingyang hadn't helped this time, the British government would have definitely raised interest rates significantly and announced its withdrawal from the European Exchange Rate Mechanism. In this way, Prime Minister Major's life would really not be that good.
It's better, maybe it will happen again
He was the shortest prime minister in British history, but now it is the opposite. With the help of Zhu Mingyang, Major not only defeated his opponents, but also showed his strong governance ability. Maybe tomorrow the major British media will
Call him the hero who saved Britain.
Although Soros lost his pants and his life in this action to block the pound, it did scare the British government into a cold sweat. Prime Minister Major announced three times in one day to raise interest rates by 15 percentage points.
This is a very good proof.
The focus of this battle between the two sides is mainly on the stability of the pound exchange rate. In order to maintain the strength of the pound and economic stability, the British government hopes to maintain the stability of the current interest rates and exchange rates, but Soros is trying his best to destroy such stability.
, only in this way can he obtain huge wealth from it.
Anyone with a little economic acumen understands that when a country's interest rate rises, it will attract international capital inflows, thereby increasing the demand for its own currency and the supply of foreign exchange. It will also cause the country's exchange rate to rise and the foreign exchange rate to fall. Moreover,
An increase in a country's interest rates will also promote international capital
Increased inflows and reduced capital outflows reduce the balance of payments deficit and support an increase in the domestic currency exchange rate. On the contrary, when interest rates rise, when interest rates fall, it may lead to international capital outflows, increase demand for foreign exchange, and reduce the balance of payments.
The surplus causes the foreign exchange rate to rise and the domestic exchange rate to fall.
Although when interest rates rise, it will lead to a credit crunch, a reduction in loans, a reduction in investment and consumption, and a drop in special prices, which is also very detrimental to the British economy. However, the British government must do this, otherwise it will not be able to attract the inflow of international capital.
Curb the pound sell-off.
Currently, the pound and the mark are competing for control of the European economy. Whoever has a stronger currency will be in a favorable position. You can imagine that if everyone exchanges their pounds for marks, the mark will become stronger and stronger.
Stronger, while the pound will get weaker.
If a country's currency is maliciously sold, the only way is to use its foreign exchange reserves to buy it all. But the problem now is that the British government does not have so many foreign exchange reserves and cannot curb the selling of pounds. They can only hope that the international
With the entry of capital, to be precise, the British government is looking for helpers to help them take over the business.
It is precisely because of Zhu Mingyang's intervention that the British government not only did not raise the interest rate, but also dropped it by two percentage points above the original benchmark. This will greatly stimulate investment and consumption, and the British economy will also move forward as a result.
To develop in a better direction, and more importantly, it can continue to maintain the strength of the pound, which is very beneficial to the economic development of the UK.
The reason why the Germans did nothing to save the pound when they encountered a vicious sell-off was actually to let the mark occupy the highest point of the European economy through the devaluation of the pound. Due to political reasons, it was impossible for the German government to take action against the pound.
Soros's action undoubtedly did what the German government wanted to do but did not dare to do.
This time the blockade of the pound is not so much a malicious speculation of a country's currency, but rather a competition between two countries for European financial hegemony. On the surface, it is Soros's personal behavior, but who can help but say that he is behind it?
Where is the German government standing?
In addition to these, Zhu Mingyang also proved his strong strength in front of Prime Minister Major and is fully capable of affecting the security of British finance. To be precise, Zhu Mingyang can not only block the pound sterling several times like Soros, but also help
The British government maintains the stability of the pound. The people in the British government are not fools. They cannot fail to see this. In this way, Zhu Mingyang will become their guest. As long as they do not break the British government's bottom line, what Zhu Mingyang proposed
Prime Minister Major will surely agree to the conditions.
In addition to political interests, Zhu Mingyang also received huge economic benefits. Taking advantage of Soros's blocking of the pound, he earned another astronomical figure in the British stock market and futures market, and at the same time forced Major to have to
Agreeing to Zhu Mingyang's conditions for acquiring the British Aircraft Company also paved the way for China to negotiate with the British government on the issue of Hong Kong's return.
This time Soros's resistance to the pound ended with Soros' suicide. The British government maintained the strength of the pound. Prime Minister Major's prestige not only did not decrease but also increased. Britain's entry into the European Exchange Rate Mechanism also enhanced their confidence in Europe.
The right to speak about economic development has become the biggest winner, and all this was achieved because of Zhu Mingyang's help.
While Zhu Mingyang was fighting to the death with the British government and Soros, Schlesinger, the president of the German Bundesbank, was also paying close attention to this matter. When he saw that the British government was retreating steadily in the face of Soros' attacks,
, Schlesinger smiled with satisfaction.
"The British government announced to raise interest rates three times a day, which proves that they are unable to prevent the devaluation of the pound." Schlesinger's words aroused the unanimous approval of senior bank officials. At present, the British government no longer has the money to absorb the pounds that Soroso recruited.
, even if an interest rate increase is announced, no foreign capital will enter in a short period of time, and there is no other way to go except depreciation of the pound.
Just when Schlesinger was happy, the situation took an unexpected turn. Several large orders appeared in succession, sweeping away all the selling orders for pounds. Schlesinger realized that something was wrong. He did not know that Britain
Where did the government bring in such a huge helper?
After some investigation, Schlesinger found out that it was Lide Investment Company from the UK that was helping the British government. Schlesinger was even more puzzled, what was going on? Lide Investment had reached an agreement with the British government again.
What kind of agreement could reach out to the British government at such a critical moment, and what kind of company is Lide Investment Company? It dares to confront Quantum Fund.
In this way, Schlesinger placed the focus of the investigation on Li Desheng, the president of Lide Company. With the cooperation of the country's intelligence department, only half an hour later, Schlesinger obtained his own information.
It was very detailed intelligence, and it was only at this time that Schlesinger believed that Soros's attack on the pound was destined to fail.
On the surface, Li Desheng is the president of Lide Company, but in fact he is the vice president of a financial company affiliated to Hong Kong Jade Bird Group. These two companies not only have strong economic strength but are also prosperous. According to the information obtained by Schlesinger
It shows that the total assets of the Jade Bird Group have reached more than 500 billion US dollars. Of course, this was done deliberately by Zhu Mingyang. He did not want the world to know his true background.
The muscles on Schlesinger's face trembled involuntarily. With more than 500 billion U.S. dollars, it is no exaggeration to describe the country as rich as the enemy. If you add in the 100 billion U.S. dollars from Lide Company, it would be more than 6,000 U.S. dollars.
Billions of US dollars, and Germany’s current foreign exchange reserves definitely do not exceed 200 billion US dollars. With such a huge strength, no country dares to underestimate it, not even the United States, let alone Germany.
.
Although Schlesinger did not really have an exact figure on how much the entire assets of Quantum Fund were, he was certain that it was not much. Although the funds used by Soros this time were relatively large, Schlesinger believed that most of them were
It is borrowed, which means that Soros cannot lose this huge gamble. If he wins, everything will be easy. If he loses, he will only go bankrupt.
At this time, Schlesinger's assistant hurriedly walked in: "Mr. Schlesinger, the situation of Quantum Fund is not good. The last twenty pounds they sold were eaten by Lide Investment. Not only that, they
Chapter completed!