If there is one, there will be two, and if there is two, there will be three, and everything is afraid that someone will lead the way!

Mexico is one of the leaders in Latin America, and although Argentina's domestic economy is sluggish, it cannot hide the essence of Argentina as one of the largest countries in Latin America.

After these two countries chose to default, although the domestic stock market and the national monetary system collapsed, the pressure on them disappeared or shifted most of them in an instant.

Chickens and dogs have jumped into Europe, the United States and other countries and major banks.

After Brazil, Colombia, Peru and other countries saw it, their governments were also ready to move.

For a country, there is never a shortage of smart people, and in fact, the governments of Latin America and other countries have long analyzed their national situations and interests very clearly.

Burdened with huge debts, the country's economy has actually fallen into a dead loop, which can only be sucked clean step by step by Europe and the United States, and in the end, the country's financial market will also collapse.

Since financial markets are going to collapse sooner or later, it is better to collapse now, at least to have a little bit of the initiative, the impact can be lighter, and the debt is set aside.

In short, Latin America and other countries can't stand the oppression and exploitation and choose to flip the table.

Regardless of whether it is in debt or not, everything will be re-discussed, as long as it is united, maybe more than half of the debt can be directly erased......

Anyway, there's only a torn pair of pants left, how bad can it be?

On August 11, just as the sovereign debt crisis in Latin America was intensifying, Brazil, the strongest comprehensive strength in Latin America, did not want to suffer anymore and resolutely jumped out to add fuel to the fire.

In the morning, Brazil's finance minister announced that Brazil would not be able to meet its sovereign debt of about $91.3 billion.

With Brazil's announcement of default, Europe and the United States and other countries know that things are completely irreparable!

After all, Mexico, Argentina and Brazil have defaulted on their debts together at $222.5 billion!

It accounts for 67.7 percent of the sovereign debt of 19 Latin American countries, more than two-thirds!

The three countries took the lead, the general trend was irreversible, and the three countries withstood most of the pressure.

Under these circumstances, the other 16 debtor countries realized that the opportunity had finally come, and one by one, they rushed to announce that they could not fulfill the treaty, regardless of the obstruction of European and American countries.

On August 12, six countries, including Venezuela, Peru, Chile, Panama, Nicaragua, and Costa Rica, announced within two hours that they could not meet their sovereign debts on time.

On August 13, seven countries, including Colombia, Ecuador, Paraguay, Uruguay, Belize, the Bahamas and Guyana, announced that they could not meet their sovereign debts on time.

On 14 August, the last three remaining countries, Bolivia, Suriname and Nicaragua, announced that they would not be able to meet their debts on time.

Since Mexico took the lead in announcing default on August 6, in just nine days, all 19 sovereign debtor countries in Latin America have declared default, and the sovereign debt crisis has broken out!

The $328.7 billion sovereign debt is like an explosive ammunition depot, wantonly destroying the economic order of Latin America and constantly impacting the financial order of European and American countries.

Under the scrutiny of the omnipotent media, the list of $328.7 billion in debts was published and placed on the front pages of newspapers around the world, even if the banks tried to cover them.

In this list, it is clear which bank lends and how much, and to which countries the loans are made.

And also very thoughtfully ranked these banks, and the top of the list is Citibank in the United States.

And Barclays Bank in the United Kingdom ranks first in the United Kingdom, first in Europe, and third in the world in terms of debt holdings!

This list is not an honor list, and the major banks hate this list very much.

The list clearly puts the size of the crisis facing each bank in front of depositors and investors.

When the British people saw the sovereign debt held by Barclays Bank amounting to more than $13.68 billion, panic broke out across the country.

Depositors flocked to Barclays Bank for the sole purpose of taking out all the money they had deposited at Barclays, even if it was just a pound!

They will never sell for Barclays' wrong investment!

Never!

As for the money withdrawn, the British people either put it home in cash, or if the amount was larger, then it was deposited in other banks.

So which banks to deposit into?

The British newspapers have made it clear to them, and the banks have all issued statements.

Banks such as Standard Chartered Bank, Royal Bank of Scotland, China Commercial Bank, and Bank of Baring, none of which hold even a dollar of Latin American sovereign debt.

Lloyds Bank, one of the big four banks, only holds 48 million pounds of Brazilian sovereign debt, which translates to less than $100 million in dollars!

These banks can all be trusted!

As for the other three of the big four banks, Barclays, NatWestminster and HSBC, they can no longer deposit money.

Because in addition to Barclays' sovereign debt of more than $13.68 billion, and more than 11.94 billion Latin American corporate debt.

The Bank holds more than $8.17 million in Latin American sovereign debt and has lent $7.9 billion to companies in Latin America and other countries.

HSBC Holdings holds more than US$6.94 billion in sovereign debt and has lent more than US$7.53 billion to companies in Latin America and other countries.

These three banks, how far away to hide.

......

On the afternoon of August 14, after the stock market was closed.

Evelyn Rothschild dragged her tired body back to the family and went straight to Jacob Rothschild, Elro Rothschild and the others who were gathering.

Seeing Evelyn Rothschild return, the group of people who were talking immediately stopped.

"Evelyn, how's the bank doing?"

Liszt Rothschild, who had arrived from Vienna, Austria, sat down and drank a sip of water at Evelyn Rothschild and immediately inquired about the situation.

In the face of everyone's eyes, Evelyn Rothschild sighed and said bitterly: "The situation is very bad, the debt situation of our bank has long been publicized, depositors and investors have completely lost confidence in our bank, our stabilization measures have completely failed, and now every branch is crowded with people, all coming to withdraw money." ”

"How much money has been withdrawn?"

Harry Rothschild from Switzerland immediately asked.

"I've counted all the data, it's more intuitive, let's take a look. ”

As soon as she finished speaking, Evelyn Rothschild suddenly realized that there were so many people here, and it was too much time to take turns watching them one by one.

He decisively took back the hand that was holding the notebook and said, "Forget it, I'll read it all over again, and everyone will listen to it together." ”

Everyone immediately focused and looked at him with burning eyes.

Evelyn Rothschild opened her notebook and read aloud: "The bank now has 48 billion pounds in total assets and 42.12 billion pounds in depositors' deposits, and since August 6 it has lost 1.55 billion pounds in savings, and the company's market value has fallen from 6.5 billion pounds nine days ago to more than 5.52 billion pounds. ”

"We now hold 14.84 percent of the total assets of banks in Latin America. ”

"If we add in the $11.94 billion debt to Latin American companies, which is now classified as a major risk asset, the risk assets of our banks already account for 27.8 percent!"

"Our bank is now ranked by a number of institutions as the riskiest bank in the UK banking industry......"

"As for the bank's liquidity ......"

Speaking of this, Evelyn Rothschild's face became very ugly, a number that he did not want to face.