Haha......"

Yulia Sidorov's exclamation made Shen Jiannan laugh.

Between countries, where there is anything despicable and not despicable, and if it is not despicable to outsiders, it is waving a butcher's knife at himself, and how can the five hooligans have good things. But if meanness becomes a grave for digging a pit for oneself, it is absolute stupidity.

"Shen. What are you laughing at, what's wrong?"

"The British played their abacus very well, and the French played their abacus very well. Among the ECUs, Germany is the strongest, and if the lira collapses, countries will have to force Germany to cut interest rates again, and at that time, Germany's only option is to cut interest rates. But they ignore a fatal problem. ”

"What's wrong with that?"

"The big problem is that they don't realize that the five Nordic countries have sold off a lot of foreign exchange reserves in order to stabilize the exchange rate, and these foreign exchange reserves are in ECU units, and in the ECU currency unit, the German mark, the French franc and the British pound together account for more than 50 percent. Now, where does all this money go?"

“......”

Kina Kanovski was at a loss, and Yulia Sidorov was stunned at what she realized.

Where does the money go?

Naturally, they are all in the hands of speculators who sell the currencies of the five Nordic countries.

It's like when Geman, Carmandy and Capital One sold their marks, they all made in Deutsche marks and pounds sterling and francs. Similarly, the bears who sold the Finnish mark and the four korona also held large amounts of the Deutsche mark, franc and pound sterling. If the lira collapses again...... Then the Bank of Italy will put out nearly 23 billion foreign exchange reserves, and this money will flow into the market again, so take this money......

Sensing Yulia's eyes, Shen Jiannan raised his eyebrows and gave the answer.

"Central banks have made a mistake, they ignore the impact of the times on the financial market, the introduction of Internet information has made the world a global village, and the market size of geometric growth is no longer the billions and tens of billions of dollars that can be controlled before. Haven't you noticed that the transaction value of convergence transactions alone exceeds 100 billion? ”

"And now, the Italian currency offers an asymmetrical betting situation, a trend that tempts technical traders to join the shock to the Italian currency, and there are few fools who do speculation, those guys can think that passively defensive Italy is a target, so much money in the Italian market, the Bank of Italy can only cope with it. ”

"If the Italian lira is finished, then the foreign exchange thrown by the Bank of Italy will once again become a bargaining chip in the hands of the bears, and then what do you think?"

“......”

This time, Chena Kanovsky understood some, Yulia Sidorov understood, and she hurriedly turned her gaze to the screen on the computer.

Mark/Peseta, 1:69, down 1.5 percent.

Mark/Lira, 1:855.25, down 3.5 percent.

Looking at the decline of the Spanish peseta and then the trend of the lira, Yayulia Sidorov couldn't help but think of the game of snowballing in the snow as a child. When the snowball rolls, it gathers more and more on the ground, and when the snowball rolls to the extreme, it rolls on the ice, and the ice surface will be crushed and clicked wherever it passes.

A clear picture emerged from her mind, Northern Europe was located in the northernmost part of Europe, the Soviet Union was located in the easternmost part of Europe, Italy and Spain were located in the southernmost part of Europe, starting with the smallest, weakest, and only able to fight alone, the five Nordic countries plundered their foreign exchange reserves, and then to the Italian lira, if the Bank of Italy used up all its reserves, it would only make this snowball continue to grow, and then to Spain in the southwest.....

Aking up from a dream, Yulia Sidorov walked briskly to the world map not far away.

She was shocked to find that the entire map of Europe had long been unrecognizable, Eastern Europe, Southern Europe, and Northern Europe were surrounded by rich red, except Western Europe was surrounded by yellow, but in the large yellow line, Britain was drawn with a huge cross.

Yulia Sidorov covered her mouth in horror at a terrifying thought.

"If all the chips are placed on the table, then whichever currency has more chips can be shorted, and the short side will only snowball the chips in their hands more and more. ”

"Eastern Europe is finished, Northern Europe is also finished, it is impossible to do anything like a frightened bird, Italy and Spain now have Britain and France behind their backs, and global capital is staring, and it is a matter of time before it ends.

When the Bank of Italy has used all the bullets it borrowed from Germany and the Spanish defense has been breached, this encirclement will no longer be able to stop. ”

"Their real purpose is Germany and France?"

“NO。 It's dollars. ”

Washington, USA.

Federal Reserve Bank Center.

A white man of only 1.7 meters tall and about 65 years old stood in front of the map in his office with his hands behind his back, his brown eyes as deep and vast as an ocean. If it was known to outsiders, I am afraid no one would have thought that an old man in his sixties with his body detained would be so terrifying.

But if anyone knows his name, it won't be a surprise to you. Because, his name is: Alan Greenspan.

In the mid-seventies, the U.S.-led gold standard declared bankruptcy, and as a result, the sharp drop in the price of the U.S. dollar triggered an oil safe-haven crisis, and the tried and tested Keynesianism failed, and the U.S. economy, under various factors such as the Vietnam War and the Cold War, fell into a predicament, with high inflation, high unemployment, and economic stagnation.

The dollar collapsed, the stock market collapsed, the real estate market collapsed.

For Americans, it's like going back to the Great Depression of sixty years ago, when almost every minute someone commits suicide because they go bankrupt, and every second, someone dies because of poverty.

On October 19, 1987, Wall Street experienced "Black Monday", and the Dow Jones Industrial Average fell by a record 23% throughout the day. But Alan Greenspan, the new chairman of the Federal Reserve, gave a speech, and the stock market rebounded the next day, saving countless people from bankruptcy.

Four years, in just four years, under a series of operations by Alan Greenspan, the dollar gradually stabilized, the US stock market came out of a new high, and the real estate market also came out of the downturn. For this reason, the chairman of Chuanpu Real Estate, who was once limited to 10 US dollars a day for lunch and ate hamburgers for four years because he was on the verge of bankruptcy, went to a nightclub to celebrate.

Some people say that the United States can have other presidents without Reagan, but without Alan Greenspan, the United States will usher in the twilight. It can be seen from this that the 65-year-old Jew's status in the United States is precisely because of his achievements in the economic field, and he is known as the global economic czar.

At this time, gazing at the situation that he had single-handedly promoted, the economic czar was not complacent because of this.

If the European economy collapses, capital will be forced to withdraw from Europe, and now that I have chosen to give way, it will be impossible for capital to flow into the local market, and there will not be many places where this capital can go, only the American market, the African market, and the Asian market.

But it is clearly not possible in Africa.

The indigenous people of Africa are lazy, stupid and jealous, and full of tyrannical, plundering and destructive genes, and now, they are engaged in independence, and the capitalists of various countries are killed and robbed in Africa, as long as their heads are not in the water, no one will invest in such a place again. Only the Asian market, with its cheap cost and cheap labor, is full of absolute attraction to capital.

After thinking about it for a moment, Alan Greenspan turned around and walked to his desk and picked up the phone on the desk.