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Chapter eight hundred and ninety-eight, in dire straits(2/3)

A smile appeared on his face.

"Hello, I am Zhao Shixian from Xiangba, Mr. Schlesinger." Zhao Shixian took two steps and rushed to Schlesinger quickly.

Extend your right hand.

"Don't you know Ms. Zhao has any advice?" Schlesinger's face was full of smiles, which was in sharp contrast to his toughness on the table just now. Perhaps it was a woman's privilege, or just finished his serious work, and was relaxed.

.

"Hello, Mr. Soros!"

While Zhao Shixian and Schlesinger were greeting each other, the gray-haired old man also came over. As soon as he came over, he saw Zhao Shixian stretching out his right hand.

"Do we know each other?"

Soros was stunned and shook hands with Zhao Shixian mechanically, his face full of confusion.

"PY, Zhao Shixian." Zhao Shixian pointed a little.

Zhao Shixian didn't think he would meet Soros here. Today's quantum funds are not very well-known, and Soros is not famous all over the world. His popularity is limited to Wall Street and some investors who invest in quantum funds.

However, relatively independent PY Securities has a lot of money in Quantum Fund, which is one of its customers.

Zhao Shixian reminded me that Soros quickly remembered that two or three years ago, a large amount of funds came from Xiangwu, from an institution called PY Securities. Since this money entered the fund, I have basically never seen it.

The representative of PY Securities has no intention of redeeming funds.

"Hello, Ms. Zhao."

Soros smiled and kept his respect for his loyal clients.

After Soros and Schlesinger greeted each other, Schlesinger's smile became stronger. He looked at the old man and his handsome guy in front of him with interest: "I wonder what's wrong with you guys?"

An identity like Schlesinger will be carefully analyzed and interpreted by people, and his words mean tens of millions and billions of dollars in money. Therefore, when speaking in public, you must be careful and careful.

, try to avoid important information leakage.

"Actually, it's not a big deal. I just want Mr. Schlesinger to talk about his views on the European Currency Unit (ECU)." Zhao Shixian smiled slightly, with a relaxed and comfortable expression on his face, without any attitude of inquiring about the news.

.

Schlesinger did not resist talking about European monetary units. He is the president of the German Central Bank who occupies a major position in the European monetary system, so he can naturally talk about this kind of issue.

Schlesinger looked at Soros and saw that he had no other opinions, he began to talk endlessly about official rhetoric. These rhetorics with diplomatic skills seemed quite rich on the surface, but they could be analyzed carefully.

It means that you didn't say anything, and you were talking around.

"In fact, I personally like the concept of European currency very much, but I don't like the name ECU. In my opinion, I would rather call it Mark."

After saying a lot of nonsense, Schlesinger added another meaningful sentence. After saying that, he nodded slightly to Zhao Shixian and the others, and then left the venue.

"Ms. Zhao, do you understand what he is?"

Soros heard a lot of voiceovers from Schlesinger's words. He was very interested in Zhao Shixian, who could ask the question just now, and wanted to hear if the other party's questions were targeted.

Zhao Shixian's question just now seems grand, but in essence it is testing Germany's determination to maintain European harmony. In this regard, the questioning and speaking, and the obedient people know it well, and Schlesinger's answer is also very meaningful.

It seemed like a mandarin speech, but at the end it clearly stated its position - the German Central Bank will still consider the German economy as its first goal for some time in the future.

Since this information can be disclosed privately, Schlesinger will definitely express this position to the media in the next few days.

"Germany will not cut interest rates." This is what Zhao Shixian and Soros think in his heart.

"Mr. Soros, what you are thinking now is what I think, are you right?" Zhao Shixian made a fuss about Soros's temptation and exposed this topic.

"Ms. Zhao, I have something to do, so I'll leave first. I'll make another statement that our fund will use maximizing customer returns as its operating strategy, and this will never change."

Seeing that nothing could be found, Soros looked at Zhao Shixian with deep meaning and took this picture

The face was deeply imprinted in my heart, and I said a few more high-sounding words, and then left.

Watching Soros leave, Zhao Sixian returns to Catherine.

"Zhao, what did you say to Soros?"

For some reason, Catherine clearly knew Zhao Shixian’s English name, but in terms of title, she liked to call her Zhao.

"I didn't say anything, but he was in a hurry to leave. He should be busy making money for his customers." Zhao Sixian said a little perfunctorily, and then said with a smile: "Catherine, let's go back to London, I want to hurry

When I saw the little girl Ruojin, I, the little mother, brought her a gift."

Speaking of the word "little mother", Zhao Sixian felt a little sad. She was a child herself, and she had to be a child even if she had not yet conceived.

"Stanley, it's time."

When Soros immediately rushed out of the venue, he immediately called the satellite phone across the ocean and said affirmatively to Druckenmiller who was waiting for news on the other end.

Druckenmiller at the other end of the microphone understood it, silently put down the phone, and shouted to the traders who had already been waiting outside: "Everyone, move!"

The traders were silent for a few seconds, then shouted wildly at almost the same time, with fanatical expressions on their faces. After a brief excitement, each of them immediately rushed to their jobs and began to implement the strategies they had already formulated.

These strategies are to do relevant transactions in the stock market, foreign exchange market, bond market and other markets, and to get the greatest benefit from the chain effect brought about by the decline in the pound.

For a moment, the transaction room was in chaos.

Why is the Quantum Foundation known to everyone in the world? Why is Soros famous all over the world?

In fact, this has little to do with what Soros has done and what he will do soon. It is also very important. Soros is not famous for doing these things, but is deliberately famous for doing these things well. In the final analysis,

It’s because he’s too poor and his own funds are not enough to make him do what he wants to do.

Whether it is the Finnish Mark, Italian lira, or the pound he is now targeting, the strength of the quantum fund alone is not enough to shake it. Quantum funds need followers and need to be a banner of international hot money. The quantum fund's military strength is pointed out by the leader of the quantum fund.

The heroes responded with one call.

The flag is not just for it, but it needs to have a record. Therefore, the record of the Quantum Fund must be promoted, and the name of Soros must be promoted, which has also caused the Quantum Fund to be talked about and various about it.

The operation is also familiar.

In fact, there are many hedge funds like Quantum Fund on Wall Street, and there are a few that are stronger than him, such as Jones Hedge Fund and Tiger Fund. Their strength can completely crush Quantum Fund, and even the Jaguars and Cougars under Tiger Fund,

The strength of funds such as Lion and Tiger Cat are comparable to that of Quantum Funds.

The outside world can hardly hear the news about Jones hedge fund doing something, and Tiger Fund is also very low-key. The more important news has to be traced back to the Plaza Agreement period. Tiger Fund launched a speculation on the yen. In the next seven years,

The name "Tiger Fund" is almost impossible to see in the newspaper.

For example, the rising star Scarlett Fund has rarely heard of its news in the past five years. Almost all people mention it because of mentioning Scarlett. The only news disclosed to customers is that it is the profit rate this year.

What customers are doing, etc., are never disclosed to the outside world.

The headquarters of Scarlett Fund only does normal operations on the stock market and futures market, and does not make big moves. The real big moves are completed through shadow funds, and the call of funds is through the Nanguo Bank system. All actions can be done very well.

secret.

This has both advantages and disadvantages. On the one hand, it is that hostile funds are not easy to catch Scarlett's braids, and it is very difficult to strike it out; on the other hand, it is not like Quantum Fund, just like a small amount of funds,

Make earth-shaking big moves to make big with small things.

The stuart type is small to make big money, and the net worth is no longer in line with the current positioning of Nanshi. The most basic strategy of Nanshi is to focus on stability and not pursue rapid wealth growth. It only requires a net income of over 10 billion US dollars per year.

, accumulate slowly, and get a good opportunity to speculate,

Make the financial report of that year look better.

At this meeting, Scarlett Fund also sent someone to attend, but who was sent? Not to mention that Catherine and Zhao Shixian don’t know each other, even Scarlett and Nan Yi have to go through the roster, they only know.

There is such a thing, and I know which senior executive is responsible, but further down, they can only see who the specific executors are in the report.

Just like Soros, Zhao Sixian also issued an action order to PY Securities after leaving the venue.

Three days later, the Wall Street Journal published an exclusive interview with Schlesinger. During the interview, Schlesinger described the current situation of European currency: "The problem of instability in the European currency system can only be achieved through the depreciation of currencies in some countries.

Resolve... Germany will not lower interest rates..."

Although the words were very vague and did not explain clearly who "some countries" were, for financial speculators who had long been eyeing the lira and pound, the object of hint was simply about to emerge.

As early as August, the value of the pound showed unusual fluctuations. Chancellor Lamont even delivered the most harsh speech in front of the Treasury building at the end of August, which was widely regarded by the outside world as an ultimatum to financial speculators.

: "In order to clarify the UK's position, I don't think the pound will depreciate, and the UK will not withdraw from the exchange rate mechanism. We have an absolute obligation to the exchange rate mechanism. This is the core of our policy."

In addition to Lamont, Prime Minister Major has also repeatedly promoted similar views in public.

In addition to these inspiring speeches, the UK has indeed taken corresponding measures in the market, such as buying £3 billion to interfere in the market, and borrowing huge amounts of funds from the World Bank, the International Monetary Fund and other institutions to continue interfering in foreign exchange.

market.

These actions are in sharp contrast to Schlesinger's view today. Now, everyone involved knows that Germany will not save the UK, only the Bank of England itself, no, or it should be said that the Bank of England and

The Italian central bank, which is also under the firepower of international hot money.

In fact, on September 8, the day Schlesinger held a press conference, the Finnish Mark announced that it would decouple from the German Mark and allow it to float freely, which has already given Britain, France, and Italy a deep alert.

Although Finland is not a country with the European monetary system, although the sparrow is small, it is complete with all internal organs. Such a country has basically no power to fight back in the frenzy of the sale of Finnish marks, which makes Britain, France, Italy and other countries feel heartbroken.

The pound is fine, but the decline of the lira is urgent.

As early as September 7, the Italian government announced that it would increase the discount rate of banks, but the market's response was not satisfactory. As a result, on the 9th day later, Italy was forced to announce another increase in the discount rate of banks, increasing from 12%.

At the same time, buy lira in the foreign exchange market and sell currencies such as francs and marks, and as a result, the lira is barely stuck within the European exchange rate system.

Discount is when an individual, enterprise or institution needs short-term working capital, mortgages valuable items such as securities, real estate, capital, etc. to the bank, and then borrows money from the bank at a certain interest rate. Its nature is equivalent to short-term.

loan.
To be continued...
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