Chapter 892: The Real Armageddon!
|||->-> a mocking smile flashed at the corner of Sir Norman's mouth, could it be that Prime Minister Major still had room to refuse?
He had now seen clearly that Major would not allow the exchange rate to fall like this, whether it was for the sake of the British Empire or for himself!
In other words, he's already got Meijay!
As for whether Major struggled once, twice, or how, it didn't matter, it really didn't matter!
As the game ended, the atmosphere on the phone eased a lot.
"And what are you going to do with the $10 billion?" Major asked.
"I am not ready to invest too much foreign exchange reserves now, as long as a small amount of foreign exchange reserves are invested, so that the exchange rate of the pound will not fall too ugly, most of the funds, I want to cooperate with this morning, announced to raise the interest rate on bank deposits before investing, only in this way, in one fell swoop, can the exchange rate of the pound be stabilized, so that the exchange rate will not fall below 2.7780. Norman said.
As the so-called lion fighting rabbit also needs all his strength, through the battle just now, he already knows how powerful and difficult the other party is, if he does not choose to concentrate all his strength and fight to the death, then it can only be reduced to a refueling tactic, and give the foreign exchange reserves in his hands to the other party in vain.
Thinking of this, Norman's heart was filled with sadness.
Since when has the British Empire declined to the point where it actually needs to fight to the death?
And is it still possible to remain undefeated?
In addition, what he just said is to ensure that the exchange rate does not fall below 2.7780 and ensure that the pound can remain in the European exchange rate system, and does not say that the exchange rate of the pound will be raised back to its original level.
Because he knows too much about the current state of the British economy and the inflated exchange rate, it is absolutely impossible to rise back, unless he can take out all the foreign exchange reserves of the United Kingdom.
But how is this possible, if it can really be done like this, it is not enough for the prime minister to be crazy, all the cabinet members must follow suit.
Getting the latest news from the British side on the phone, Soros twitched the corners of his mouth and chuckled, everything was not as he expected.
He put down the "Lessons of the Twentieth Century" in his hand and stretched.
In any case, the first half of the battle for Sniper Pound was finally over, and it was all under his control, and the situation was even better than he expected.
Now the exchange rate of the pound has been beaten below 2.84, and it will probably wait until tomorrow when the official decisive battle will be held to beat the exchange rate of the pound above 2.7780 in a sprint and force the pound out of the European currency exchange rate system.
Only then, when the real end of the pound, will the massacre begin.
However, in this way, the timing is a little awkward.
Compared to the time when the war first began, it was two o'clock in the afternoon in New York and eight o'clock in the evening in London, which was the time when the British had already rested, and they could only fall into passive beatings and could not fight back.
If it weren't for such a time difference, the British would not have been able to launch a counterattack in a short period of time after being attacked.
Otherwise, he would not have even changed his means, that is, using foreign exchange reserves and raising the interest rate on bank deposits, and he would not have been able to bring down the exchange rate of the pound so easily and lay a good foundation for victory.
But now it's a little uncomfortable, and by the time it's eight o'clock in the morning in England, it's exactly two o'clock in the morning in New York, which means that he needs to fight the British all night between the early morning and the dawn.
Soros shrugged helplessly, this is probably what God calls fairness.
However, it's actually okay, after all, they are just a group of crocodiles hiding under the water, and there is no need to show their heads, and the darkness and under the water are their best props to hide themselves.
But the question is, now that it's almost five hours before eight o'clock in the morning in London, will he go to bed, or will he continue to stay and read?
After thinking about it for two seconds, he decided to sit honestly in his office and read the teacher's book "Lessons of the Twentieth Century".
The teacher is old and his health is no longer good, otherwise he would not have decided to write this book "Lessons of the Twentieth Century" when there were still ten years left in the twentieth century, with the intention of summarizing the twentieth century for human society with his outstanding wisdom and profound scientific and philosophical theories, rather than waiting until ten years later, when the twentieth century is really completely over.
For him, his teacher, Karl Pope, was not only the greatest philosopher of the twentieth century, but also his loving father.
As a fellow countryman of the Austro-Hungarian Empire, his teacher also gave him great love and life guidance as an elder of his family, just like a father.
At this time, directly above Soros's head, Zhu Changhong looked at the steadily declining pound exchange rate without waves, and couldn't help but breathe a sigh of relief, it seemed that it could come to an end.
Instructing the trader to keep an eye on the chart, Zhu Changhong returned to the office and fell on the tightrope bed.
Although the previous operations can be said to be thrilling, after all, he has a heavy responsibility of six billion dollars on his shoulders, and he has always been in a high degree of mental tension, and his spirit has been greatly consumed.
As soon as the thought moved, he suddenly had the urge to call Mr. Fang and report to him.
But after thinking about it, he still dispelled such an idea of dying, although it was already nine o'clock in the morning domestic time, but Mr. Fang was called by him yesterday after all, the ghost knows when Mr. Fang fell asleep yesterday, in case he just slept not long ago, then wouldn't he just hit the muzzle of the gun.
Thinking about it, Zhu Changhong tilted his head, and then a loud snoring suddenly sounded.
At this moment, the global foreign exchange market has once again returned to its former calm, and all the big moves have gradually disappeared, only to see the pound falling steadily at a rate of 100 basis points per hour.
Just 100 basis points, no more, no less, the fund manager of the Quantum Fund casually sells his manipulation of the exchange rate.
Everyone is almost waiting, waiting for the real decisive battle tomorrow.
As for Fang Chen, who was missed by Zhu Changhong in his dream, he was accompanying Su Yan to eat traditional Yanjing snacks such as fried liver and Jiaoquan at this time.
But to be honest, although he lived in Yanjing for four years in his last life, and passed by Yanjing on a business trip, he was really not used to eating Yanjing's snacks, especially bean juice.
When he saw bean juice for the first time, he thought that a bowl of swill had been rancid.
But for some reason, Fang Chen suddenly sneezed twice in a row, he rubbed his nose, and muttered, "Who is scolding me." ”
London time, 5:20 a.m.
With the first rays of the morning sun, piercing through the thick fog over London, London, which had been waiting for a whole night, finally woke up.
It's just a little strange that in addition to some certain professions, such as sanitation workers and bus drivers, some people who should never get up early at this time, such as media reporters, are all awakened.
They were called by the newspaper to say that the government had a big move today, a big news.
After probably inquiring about each other, almost all the media reporters in London were stunned, they never expected that from last night to this morning, such a large-scale exchange rate war would break out!
On top of that, the UK seems to be losing, and the pound has fallen somewhat miserably, as of 5 o'clock this morning, the pound has fallen to 2.80, which is only one step away from the minimum floor of 2.7780.
**!
Damn it!
Britain is about to withdraw from the European exchange rate system!
For a time, almost all the media reporters in London were agitated and furious.
As for some well-informed reporters, they were gearing up at home early, ready to rush to the gate of No. 10 Downing Street early to grab a good spot.
Half past seven in the morning, not eight as originally scheduled.
Prime Minister Major showed up at the gate of 10 Downing Street with a group of cabinet members.
There was no way, he really couldn't do it as planned.
At the current rate of decline of the pound exchange rate, if we really wait until 8 o'clock to hold a press conference to announce measures to save the pound exchange rate, I am afraid that the pound will have fallen below the minimum limit of 2.7780 by then.
At that time, what he needed to announce was not how to save the pound, but to withdraw from the European exchange rate system.
It seemed that Major was in good spirits, and there was a confident smile on the corner of his mouth, and only his makeup artist knew how thick a layer of powder he applied around Major's eyes.
However, it doesn't matter, after all, no one else has an x-ray eye.
"I'm sure you've learned something about what happened between last night and the early hours of this morning, a bunch of shameless foreign money, hedge funds, and financial crocodiles have been eyeing the pound sterling and biting the pound's exchange rate, but I want to say that the pound will never be defeated so easily! The British Empire will never be so easily defeated!" said Major in a loud voice.
A burst of eager applause rang out in an instant, deafening!
"Our great country, with advanced science and technology, a prosperous economy, full of vitality, everything is full of hope, so the pound does not have any basis for falling, and everything you see now is just the result of manipulation!"
"From now on, I declare that the Cabinet Government will invest a lot of dollars in foreign exchange reserves to save the pound and defend the pound by raising the interest rate on deposits in all British banks by 2% from now on......"
With all kinds of radio broadcasts, cable television, British Prime Minister John Major's speech instantly spread all over the world!
At the same time, Governor Norman ordered sharply: "Now release three billion dollars at once, and then release two hundred million dollars per minute, I want you to send out all the foreign exchange reserves of 10 billion dollars in thirty minutes, and I want to raise the exchange rate of the pound pound from the current 2.78 to more than 2.81, an increase of 500 basis points!"
Hearing this, the trader paused for a moment and said with embarrassment: "Sir, the Prime Minister has approved your foreign exchange reserves of 10 billion US dollars, if you use them all within 20 minutes, what will happen to the rest of the time?"