Chapter 57: Conditioning a Future President
United States.
Wall Street, the headquarters of the Quantum Fund.
A brown-haired young man sits in his office, holding economic analysis intelligence data from Europe, tapping lightly on the table.
Stanley Drucken, Wall Street's youngest investment genius, has great market acumen and incredible intuition.
He graduated from school in 1977 and became an equity analyst at the National Bank of Pittsburgh with an annual salary of $10,000. In three months, he became a project leader in equity research with an annual salary of $23,000, and in less than a year, he became a department manager with an annual salary of nearly $500,000.
In 1980, when Drucken Maitreya was only twenty-eight years old, he left the bank to establish his own financial management company, Du Kunsen Capital Management.
Genius is always shining.
In 1988, Drucken-Maitreya was invited by George Soros, the head of a well-known Wall Street fund management company, to join the Quantum Fund.
Less than a year after joining the Quantum Fund, the call for the two Germans to be pushed to the Berlin Wall is getting louder and louder, Drucken Maitreya with keen political insight believes that the merger of the two Germanys, Germany's national strength will increase, and the mark will be stronger than in the past, and within a few days he bought two billion dollars worth of German marks in the currency market.
In the following year, the mark appreciated by 25 percent against the dollar, and the Quantum Fund gained 31.5 percent in 1989 and 29.6 percent in 1990.
In this regard, Wall Street later circulated a tidbit.
At first, Druckenmüller was only ready to buy a billion-dollar Deutschmark, when Soros asked him: Stanley, how big of a position are you going to build?
Druckenmiller: Billion dollars.
Soros: You call that a position?
The rhetorical question became a classic Wall Street conversation, and Druckenmiller later doubled his position with Soros's encouragement.
There is no better proof of one's ability than profit, and the handsome return on the purchase of the Deutsche Mark made Drucken Maitreya the de facto helmsman of the Quantum Fund.
Norway's real estate and stock markets plummeted during the financial crisis, which led to the economic downturn of the five Nordic countries, and Finland, which was close to the former Soviet Union, is now suppressed in its export industry, and the unemployment rate in Finland continues to increase.
Putting down the papers in his hand, Drucken-Maitreya stood up and walked over to the map of Europe hanging in his office.
The three-meter-long map has long been painted beyond recognition, and is covered with various red, blue and green markers.
The merger of the two Germanys, although the political map has expanded, but there is also a huge fiscal deficit, in order to alleviate inflation, the Bundesbank can only raise interest rates to curb inflation, then the mark is bound to continue to strengthen.
I thought about it for a moment.
Drucken-Maitreya picked up the pen and drew a circle on Finland.
The Finnish mark and the Deutsche mark have always been linked, but Finland is not in the European Community, and now the five Nordic countries are in an economic crisis, if the Deutsche Mark continues to strengthen, then the Finnish mark will inevitably bear a lot of pressure, with the foreign exchange reserves of the Bank of Finland, without the help of other countries, I am afraid it will be difficult to maintain the current exchange rate.
As long as the Finnish mark cannot hold the current exchange rate, then it will only depreciate, which means that it will push up the Deutsche mark and continue to strengthen.
After thinking about it for a moment, Drucken Maitreya returned to his desk and picked up the phone on the desk.
Doodle!
Soon the phone was connected, and a familiar voice came from the phone.
"George. I think we need to talk about Europe now. ”
Europe.
For George Soros, this is a sad place.
At the age of seventeen, he left Hungary and went to Bern, Switzerland, but he had to work to survive, although it was prosperous, but there was no hope, and he went to the most beautiful city in Europe, London.
As a result, the beautiful imagination of London was completely shattered by reality, and it would not be a world for the poor, but a paradise for the rich.
He was a poor man who had to do odd jobs to make ends meet.
Reading can change your fate.
In order to change his fate, Soros was admitted to the London School of Economics. Took a course with Nobel laureate economist James Edward Mead.
However, it is useless, systematic economics is useless in reality, and the money that Soros earned by working hard has lost all his money in the stock market.
After tossing and turning in Europe several times, and after spending ten years of good time, Soros had to leave Europe and go to the United States.
Perhaps because of the accumulation of money, or perhaps by luck, the quantum fund jointly established by Soros and Rogers based on physical theories finally became famous after shorting the dollar in 1980 and making huge profits.
Europe!
As the top manager of the quantum fund, how could Soros not pay attention to Europe, he just let Americans see how to use the financial market to make money in the European market, and then he successfully entered Wall Street.
"Stanley. Tell us what you think. ”
"The collapse of the Soviet Union gave Europe the opportunity for currency unification. But I don't think Wall Street or the Fed want to see that outcome. Moreover, there is a big loophole in the exchange rate system of the European donor, and I think that as long as we leverage one of the links, then this loophole in the European monetary system will be infinitely magnified, and this will be our opportunity. ”
Holding the phone, Drucken Maitreya said slowly in a deliberate tone.
But the tone, again, is a little uncertain.
Because in his vision, the opportunity to appear arbitrage has not yet appeared, and in fact, he does not know when it will appear, and this needs Soros to make a decision.
After ten years in Europe, Soros knew a lot about Europe, and immediately understood what Drucken Maitreya meant. But he didn't want to say anything, Drucken Maitreya was his most optimistic manager, and he needed more experience to grow.
"Stanley, you are an expert on the German market, what do you think about the future of the German economy?
"The merger of the two Germanys, Germany in the political map for the expansion, for the German economy to bring development opportunities, but also brought a huge fiscal deficit, if you want to avoid inflation, then the Bundesbank has only one choice, to raise the discount rate to control inflation, to avoid the just merged Germany outbreak of political and economic contradictions. ”
"So what?"
This is a test question.
Drucken-Maitreya is very clear about this, because Soros has always been a teacher and friend with him.
After conceiving a comprehensive idea, Drucken-Maitreya organized the language again.
"Now that the UK and Italy are in the doldrums, if Germany continues to raise interest rates despite them, then the pound and lira will be under a lot of pressure, and secondly, the Nordic markets are devastated by the Norwegian economic crisis, and if Finland falls, it will be a great entry point. ”
Holding the phone, George Soros's old face showed a look of relief.
"But the British authorities are likely to reject higher interest rates and allow the pound to depreciate. On the other hand, it is almost impossible for the pound to appreciate against the Deutsche mark, and the Bank of England will not raise interest rates more than necessary in the event of a downturn in the UK economy. ”
"This will be our chance! and it will be an opportunity for the United States. ”
“......”
Kiev.
HotelUkraine。
An Ran Kardashian's delicate and fair face is delicate, and the whole person is soft and unable to lift any strength. Looking at Shen Jiannan, who was still in good spirits, her misty royal blue eyes couldn't help but glow with resentment.
"Boss. You're such a bastard. ”
Shen Jiannan didn't mind being scolded as a bastard, and he was naturally proud of the first time he killed Kardashian. With the situation in Ukraine, if the plan succeeds, it is not impossible for Enron Kardashian to become the future head of Ukraine.
20 million can destroy 2,000 nuclear bombs, and there is nothing that this biggest loser country cannot do.
Reaching out to wipe the water stains that spread on Kardashian's face, a burning flame appeared in Shen Jiannan's eyes again.
Femdom a future female president.
Oh buy karma!
Enron Kardashian suddenly changed color.
"Oh... Boss, I'm going to die. ”
“......”