Chapter Ninety-Six: Billions of Dollars in Profits
Economics is a contemporary discipline.
But in this discipline, there has never been truth, never has been.
Because the various theories of this discipline exist under a fixed amount, which is both rigid and unrealistic, there are often various contradictory relationships in the application of facts and various researches.
It's like the story of a little girl and coal.
The winter in the United States is very cold, a little girl asked her mother why the family did not burn coal for heating on such a cold day, and her mother said that there was very little coal at home, and her father was unemployed again, so he could not afford to save coal. The little girl asked her father why he was unemployed, and her mother told her that there was too much coal.
The relationship between supply and demand determines the price factor, and the price determines the variable of supply and demand!
Which is the truth?
There is no truth!
The Finnish mark is not coal, it is in huge demand. But when the Bank of Finland loses its capital and is unable to take over the market's selling, there is no way to maintain the Finnish mark.
The sun has set.
The red sun that stays on the surface of the sea reflects the sky and the sea red, like a sea of blood, filling the field of vision with tranquility.
Not far away, he would rather look at the gentleman he had always respected the most, and his eyes were full of incomprehension.
An Ning rejected his offer and did not have any explanation.
"Why?"
"For Finland!"
An Ning's tone had an indescribable calmness, but for a moment, he Ning felt a kind of sadness that was more sad than his heart died, and that feeling of loneliness and desolation made Ning Ning's eyes full of tears in an instant.
At the end of a war, there are always crows waiting for food, scavengers, which always have a very good sense of smell, and can smell death from thousands of miles away.
With the Bank of Finland no longer able to recover, the price of the Finnish mark is still falling like a kite with a broken string, despite the fact that the capital in the hands of major speculative institutions has reached the limit.
6.1885 Sell 2
6.1985 Sell 2
......
6.2253 Sell 2
......
If you hadn't seen it with your own eyes, who would have believed that just two short contracts could now knock the price of the Mark down to a basis point.
But the truth is so cruel that even the largest bulls, the Bank of Finland, was killed and slaughtered, like a defeated army that has lost its general, and the remaining remnants of the army are brave, unable to organize any effective resistance.
"It's really a tiger falling in Pingyang and being bullied by dogs!"
Looking at the Finnish mark on the central quotation system, Shen Jiannan muttered.
"Shen. Your analogy is wrong. ”
"Didn't you just call me a little wolf dog?"
"Are you still going to bite me?"
"Oh my God. Great Goddess Qina, please let the small one live. Cows will die of exhaustion. ”
"Hee-hee - we still have two million, what should we do?"
Qina Kanovski smiled, but her turquoise eyes were eager to try.
As a man, he naturally needs to understand a woman's heart, Shen Jiannan grabbed her slender five fingers and clicked them on the keyboard one by one.
6.6666
Sell 1666666
Syllable!
The enter key was struck, and the Finnish mark, which had just closed, was fixed at 6.6666.
Decline, 66 percent.
Qi Na was stunned.
What a coincidence.
6.6666, down 66 percent.
It's like being stimulated all the time, and Qi Na hugged Shen Jiannan excitedly for a while.
"Shen. You're such a devil. I love you to death. ”
“......”
It has become a joke that the exchange rate has fallen to such an extent that it is equivalent to a peg to the exchange rate.
At 12 o'clock in the evening, the Bank of Finland issued an announcement: from August 28, the central bank will abandon the peg exchange rate system and change to a floating exchange rate system.
When he received the news, Shen Jiannan was already lying on the bed.
But Yulia Sidorov and Qina Kanovsky were not sleepy at all, the two of them were as excited as if they had been beaten with chicken blood, and they completely lost the soft state they had in the afternoon, grabbing Shen Jiannan's arm and shaking it endlessly.
Abandoning the peg to a floating exchange rate system means that the Bank of Finland has thrown in the towel.
The loss of this largest long buy also means that the price of the Finnish mark, no matter how much the bears reduce their positions, will not rise much.
So Qi Na and Yulia couldn't help but be excited.
A total of $1.8 billion worth of marks have been dismantled to the Bank of Finland, and now the mark has depreciated by more than 60 percent, and this time it can make at least $1 billion in the spot market. And in the futures market, there are positions worth more than $100 million, and together, there are at least $600 million in profits.
$1.6 billion is enough to buy a barren country.
"My dear. We can make at least $1.6 billion. ”
"My dear. You're amazing. ”
"I'm going to sleep. ”
"No! ”
"Get up!"
“......”
Women go crazy, and there is nothing wrong with men at all.
Men are bitter, men are tired!
Poor Shen Jiannan, the high-intensity mental arithmetic spirit has been tight, and now he is forced to accept the oppression again, and he just feels that he has nothing to love.
"Let me tell you a story about the fridge and ice cream. ”
“......”
Finally, the ice cream melted.
The two excited women turned cloudy and sunny, and the birds were back to life. However, long legs have the advantage of long legs after all, Yulia has fallen asleep, and Qina Kanovski seems to have some energy to spare.
"My dear. Tomorrow we can Sweden. ”
"Qina. You're so unladylike. ”
"Hmm..... Then I'll put it another way, tomorrow you can make Sweden cock its ass like I did. ”
“......”
Shen Jiannan was completely defeated.
But what could he do in the face of such a goblin.
Smack-
"Listen, dear. The Swedes are shameless, you simply can't imagine how shameless they will be. ”
"What?"
Shen Jiannan didn't explain again!
As a hanger, he knows how shameless Sweden is, no, it should be said to be a scoundrel.
In World War I and World War II, Sweden formed an alliance with the four Nordic countries, but in the end, Sweden miraculously avoided the two wars, and Finland, the good brother of the alliance, was robbed of a large area of territory and wealth again and again, and the people were reduced to slavery
Of course, this is not shameless!
The situation changes, each takes what he needs.
But in terms of scoundrels, in Sweden in the later era, the double standard is simply unprecedented.
As we all know, in terms of which country is the most powerful in the global paper industry, it is naturally Finland. With vast forest resources and advanced papermaking technology, Finland has a monopoly on 70% of the paper and pulp market in Europe.
Secondly, there is Norway.
Norway's forests are well known, some of which is made of paper and some of which is exported to Finland, and logging makes Norway a lot of foreign exchange.
But interestingly, Sweden's most admired eco-friendly girl has turned a blind eye to the logging and papermaking in Finland and Norway, and has been staring at chopsticks.
He shouts that environmental protection comes first, but he can't see the felling and pollution under his nose.
The so-called double-standard bitch, that's probably what it means.
As for Sweden's other shameless one......
"Quantum Fund, Dog Solicitation!"
Wall Street, USA.
888 Fifth Avenue, Soros Office.
"Finland has given up on pegging, and I believe that Sweden will have to abandon the fixed exchange rate system as long as we increase the size of our positions. ”
"I had John open a position of about $500 million. ”
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