Chapter 35: Top Confrontation
Bell, bell, bell β
The bell for morning prayer rang and the whole city of Rome ushered in a new day with the melodious bells of the cathedrals. After having a simple breakfast in the villa, Shen Jiannan and his party greeted Chenhui to the company in Cologna District.
A few newspapers were already on the desk in the president's office, and Yulia Sidorov picked up a copy of the newspaper with her hair in her hand.
γ Avvenireγ
It was born in Milan in 1968, Pope Paul VI is the only Catholic newspaper in Italy and is distributed throughout Italy; It was made by Catholics, but also tended to appeal to an unreligious reader, and is now widely sold in major Italian cities.
"The Lord is merciful, and His light shines on the world. The Lord teaches us to be faithful, good, merciful, and discerning servants. But today, there are people who have disobeyed the teachings of the Lord and disrupted the order of Europe and the solemnity of the holy city of Rome with shameless and vile behavior, causing many people to lose their jobs and lunches. β
β......β
"This kind of behavior, almost demonic behavior, if not stopped, will surely be punished by the Lord. β
β......β
Front-page headlines.
Although it is only a few hundred words, and there are no pictures, the blind can see what the whole text is accusing.
Yulia Sidorov was shocked and was condemned by the Lord for being openly branded as a demon by the Catholic newspapers, which did not bode well.
"Shen, come and see. β
Shen Jiannan put down the boiling water in his hand, took the newspaper and glanced at it.
"Nima. What a shame. β
Qina Kanovski, who came with her, changed color in an instant, this is Rome, where Catholicism has the most fanatical faith and the most loyal faith, and it is really not a good phenomenon to be publicized.
"Shen. You can't say that. This is very dangerous. β
"I'm not an idiot, how could I go out on the street and talk about it. But these guys are just so shameless. World War I and World War II, the world chaos, how many people died, it became one thing in their mouths, the Crusades burned, killed and looted, and it was the Lord who came to wash away the sin. I didn't even kill anyone, I didn't rape or rob anyone, how could I become a demon. β
Qina Kanoski couldn't help but roll her eyes, and snatched the newspaper from Shen Jiannan's hand in anger.
"Shen. You raped Finland. β
Yulia added: "Now, you are going to rape Italy again. β
This...... Shen Jiannan didn't know how to refute, so he had to shrug his shoulders and say that he was very innocent.
"My dear. You have to take it seriously. You come to see this news. β
γLa Repubblicaγ
The newspaper was founded in Rome in 1976 by Eugenio Scalfari, an Italian journalist, writer and member of parliament. It takes its name from the founder's desire to create the national newspaper of the Italian Republic. Originally, it was intended to be imposed as a "second newspaper": a newspaper with in-depth coverage, for the public who had already read the facts of the day elsewhere.
If it were to be qualitative, it could probably be understood as a newspaper of the Italian state media.
On the front page, there is a photo of the governor of the central bank, Carlo Azeglio Ciampi, wearing a black suit and black tie, looking solemn. The large and bold black handwriting on the left side of the line is particularly obvious.
The central bank issued an announcement to raise the discount rate to 15 percent.
In an interview with this reporter last night, Central Bank Governor Carlo Azeglio Chapi said: The European Community has a bearing on the stability of hundreds of millions of people in Europe and the future economic development of all Europeans, and the mechanism of stabilizing the exchange rate is the obligation and responsibility of all member countries.
The central bank negotiated with the German central bank yesterday, and borrowed 23 billion marks from the German central bank, this loan will be used to maintain the value of the mark, and it is also Germany's support for Italy's stable exchange rate, the central bank has enough strength and confidence to defeat those unscrupulous speculators, and the lira will definitely not depreciate. β
"Governor Ciampi advises unscrupulous international speculators that Italy is confident enough to stabilize the price of the lira and that it is not too late to withdraw. It is a land where the Italian people will defend their wealth with determination, and we have the confidence and ability to repel any ill-intentioned coveting.
He strongly condemned the shameless and despicable acts of the Eastern Demon Shen Jiannan and George Soros of the Quantum Fund in Europe, whose arrival has plunged the European economy into chaos, causing countless families to be torn apart and countless people to live on the streets. β
β......β
After reading the newspaper in his hand, Shen Jiannan raised his eyebrows.
First, he used the huge influence of religious power in Europe, then raised interest rate monetary policy to save capital and create influence, and finally borrowed 23 billion marks from the German Central Bank to prove the market's misunderstanding of Schlesinger's speech.
A series of operations and means, which can be described as impeccable.
With religious influence, at least in Italy, many speculators will beat the drum in their hearts to reduce buyer pressure, raise interest rates to increase returns, and leave a lot of international capital who wants to leave Italy, and bring about a convergence effect.
The huge figure of 23 billion marks can prove that the market has misunderstood Germany's attitude towards the European exchange rate mechanism, and it can also demonstrate the existing terrorist strength of Italy.
It is conceivable that as soon as the market opens, the Bank of Italy is violently intervening in the market, and it will definitely be able to kill the bears without leaving a piece of armor to establish a strong belief in the lira.
Very nice means, but alas...... Press the gourd and lift the scoop - take care of this end and lose that one, not to mention, it is impossible to fool the Americans by confusing the public and stealing the concept,
"Shen. What should we do, you're not saying that there are people in Germany who don't want Deutsche Bank to be the European Central Bank. Two hundred and thirty billion marks, which is very bad. β
"Why don't we close the positions we hold now? Luckily we don't have many short positions on the lira. β
Yulia and Qi Na's words made Shen Jiannan laugh, and this guy glanced at the clothes of the two that might collapse, and his eyes were full of ridicule.
"Baby. Your buttons seem to be coming off. β
"Bastard. Don't think we don't know what you mean. You're saying we're brainless, aren't you?"
Murderous!
With the murderous aura comes a killing move.
was caught by someone in an instant, and Shen Jiannan's sense of superiority in IQ suddenly withered.
He didn't understand why a woman would arrest someone when she was asleep and come to carry out a sneak attack when she was awake.
It's just ...... Incomprehensible.
Hurriedly hung up the war-free card, Shen Jiannan took out a cigarette from his pocket and lit it, and took a puff of shock before he spoke.
"There's nothing to worry about.
If the central bank raises interest rates, it will have a great impact on the securities market, the bond market and the real estate market. They can take care of this end, but they can't take care of that end. I think others will definitely shift their targets to the securities market as well.
If the market continues to fall, the current Prime Minister and His Excellency the President will have to think about how to deal with the anger of the people. β
Yulia Sidorov deserved to have obtained the essence of Shen Jiannan, and in an instant, she understood what a lover meant.
"You mean. Can we take advantage of this opportunity to open a short position in the lira?
There are short profits in the securities market, which can completely hedge the risk from the foreign exchange market. But the Italian economy simply can't afford such high interest rates, and when the securities market and real estate crisis erupt and the financial sector is involved, we can close our positions in the securities market and sell all our lira holdings?"
"Baby. You're so smart.
But after that, I was more worried that I would be killed by the Italian mafia. You know, when the lira depreciates, their drug business, brothel business, the profit will probably be very meager. β
Does currency depreciation also have anything to do with these businesses?
Of course it does.
The depreciation of the currency and the rise in the price of imports, but the domestic income and people's savings remain the same, which will inevitably affect business. In addition, in the past, foreigners who wanted to come here to find a girl to spend money might need 100 dollars, but if the value depreciated by 50 percent, they only had to pay 50 dollars.
Cheap, everything, will become very cheap.
The security in Italy is not very good, and occasionally a mafia carries out a blast and snipe, which has nothing to do with the Italian government.
In the end, the arrest of someone who was carried away by anger because of the dismal business proves that the market has always been free.
How to solve it?
As Shen Jiannan looked over, Qina Kanovski let go of the hand that was holding him seven inches, and slowly straightened the blue tie around his neck.
"I'll convince my father to come to Italy, but you have to think about how to deal with him. I'm sorry, Shen. β
"I understand. That's enough, my darling. β
Wall Street, New York.
Stanley Drucken, Maitreya, glanced at the news coming back from Italy, and his eyes were full of irony.
As a contemporary speculator, he can't see that behind Italy's various strengths, there are all foreign powerhouses at the end of the road. The collapse of the Finnish mark was due to the fact that Finland had depleted all its foreign exchange reserves.
Although the SEK caused the Quantum Fund to lose $60 million, it also depleted Sweden's vast foreign exchange reserves. The sharp fall in the Norwegian, Danish and Icelandic krona also means that their foreign exchange reserves are depleted.
The largest share of foreign exchange held by these countries is the Deutsche mark, the British pound, and the franc.
Now that Germany is helping Italy, it has thrown out another 23 billion marks, so many marks are circulating in the market, and I believe that soon Germany will realize the seriousness of the problem.
At that time, give Germany a hundred more dares, and they will no longer dare to support the lira.
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