Chapter 0489 - Playing a Scoundrel
Therefore, a good financial investment master must be a good philosopher and psychologist, who cannot well grasp the investment psychology of investors and its changes, and is destined to eventually fail in the investment field!
You must know that before Soros engaged in financial investment, he majored in philosophy in college, and Soros is also quite accomplished in philosophy.
Okay, let's get back to the story.
Just now, Xu Jiahao explained the new version of the pound exchange rate prevention and control system and the "trip principle" in a relatively simple and understandable way, and Qiao Daye on the side also frowned after hearing it.
"Within $30 billion, the Bank of England will be killed, and outside of $30 billion, it will be killed by the Federal Reserve!"
"This new version of the pound exchange rate prevention and control system has blocked all possible roads, and it is even more difficult to break through this new version of the prevention and control system than to ascend to the sky!"
"Yes, it's really too difficult!" Qiao Tianyu also nodded in response, and then he turned his head to look at Xu Jiahao.
"Jiahao, you are the designer of this new version of the sterling exchange rate prevention and control system, if you deal with this prevention and control system, you will have some clues, right?"
"Tianyu, don't embarrass me, I said so much just now, just to tell you that this new version of the pound exchange rate prevention and control system is indestructible, and it is completely impossible to break it, unless it is ......"
"Unless what?" Hearing Xu Jiahao's stumbling appearance, Qiao Tianyu suddenly became alert and couldn't wait to ask.
"Unless the Bank of England and the Fed's swap agreement is fundamentally undermined, there will be no flaws in this prevention and control system!" Xu explained.
However, after the 1992 sterling crisis, the US Federal Reserve also deeply realized that as the world's first and second largest international currencies and reserve currencies, the US dollar and the British pound have both losses and prosperity. ”
"So now the UK and the US are fully aligned in their goal of maintaining exchange rate stability between them, and the swap agreement between the Bank of England and the Fed is mutually beneficial for both countries. ”
"So if you want to break the money swap agreement between Britain and the United States now, it will definitely be harder than climbing to the sky!"
"Breaking down the fund swap agreement...... Mutual benefit...... Breaking the ...... of the Swap Agreement
Hearing Xu Jiahao's "suggestion", Qiao Tianyu repeated it several times, and suddenly a mysterious smile swept across his face, "It's not impossible to ......."
"Tianyu, do you have any good solutions?" Seeing Qiao Tianyu's reaction, Qiao Daye and Xu Jiahao couldn't wait to ask.
"Uh...... Let's not rush to talk about this first. Qiao Tianyu smiled and shook his head, "Jiahao, let's please talk about the DBLP bond again!"
"Oh, DBLP bonds!"
Xu Jiahao, who just explained the pound exchange rate prevention and control system, had a dry mouth, and his throat was about to smoke.
So Xu Jiahao didn't rush to explain, but got up and walked to the refrigerator in the living room, took out a few bottles of chilled mineral water from the refrigerator and threw them to Qiao Tianyu and Qiao Daye respectively.
"Tianyu, you may not believe me when I say this, but the reality is that there are indeed no traps in DBLP bonds!" Xu Jiahao explained as he walked back.
"If there is a trap in DBLP bonds, it is that the purpose of developing DBLP bonds is to lock up all the 'diplomatic bonds' in order to alleviate the turmoil and turmoil that may be caused by the maturity of the 'diplomatic bonds'!"
"Lock up the 'diplomatic bonds', I'm afraid it's not that simple, right?" Qiao Tianyu shook his head in disbelief after hearing this.
"The total plate of 'diplomatic bonds' is now $2 trillion, and at least half of the holders of 'diplomatic bonds' are currently responsible for repaying DBLP bonds. ”
In other words, as long as someone can come up with $1 trillion to repay the DBLP bond, they can completely unfreeze the 'diplomatic bond', which does not seem to be very unattainable. ”
"And the U.S. Treasury Department and the Federal Reserve want to lock up the 'diplomatic bonds' in this way, I'm afraid it's a bit of a fool's dream, right? Jiahao, didn't you tell us the truth?"
"Haha, Qiao Tianyu is really Qiao Tianyu, I really can't hide anything from your eyes!" Xu Jiahao suddenly raised his head and laughed when he saw that Qiao Tianyu pointed out the problem.
After laughing, Xu Jiahao calmed down, and he said with a serious face.
"Tianyu, to put it mildly, what I said just now is true, there are indeed no traps for DBLP bonds, and there are no traps for 'diplomatic bonds', but it doesn't mean that you can easily get 'diplomatic bonds' from the hands of the U.S. Treasury!"
"Doesn't mean that I can get the 'diplomatic bond'?" Qiao Tianyu was really confused by Xu Jiahao's words.
"Since there are no traps in the DBLP bond and the 'diplomatic bond', then I only need to work with those investment institutions who are willing to repay the DBLP bond to scrape together $2 trillion, and then I can get the $2 trillion 'diplomatic bond' logically?
"There's nothing strange about it, it's just that you think too highly of Americans, don't you forget, is there one skill that Americans are best at doing business with the world?" Xu Jiahao explained with a smile.
"What skill?" Qiao Tianyu and Qiao Daye didn't react for a while, and couldn't wait to ask.
"Scoundrel!" Xu Jiahao explained with a smile.
......After listening to Xu Jiahao's explanation, Qiao Tianyu couldn't help but scratch his head in embarrassment.
Although the word "scoundrel" is easy to say and unpleasant, it hits the nail on the head of the consistent principle of the Americans when doing business with the world: you don't have to negotiate it!
If you want to talk about the most typical case of the Americans playing scoundrels, it is the United States that suppressed the Japanese Toshiba Group in the 80s.
Toshiba is the first company named by the United States in history, in the seventies and eighties of Japan's semiconductor boom, in the world's semiconductor industry top ten enterprises Japan accounted for 8, and Toshiba as the Japanese semiconductor boss is even more beautiful.
Seeing that Japan's Toshiba is growing stronger day by day, the United States covets it and brazenly asks the Toshiba Group to "develop together" with the Toshiba Group.
The so-called "common development" of the Americans means that Toshiba will give a part of its shares to the United States free of charge, so that the United States will allow it to develop freely.
After receiving the unreasonable demands of the Americans, the Japanese Toshiba Group could not cry or laugh, and their Toshiba Group did not receive the slightest favor from the United States in the course of its development, so why did they give away their shares to the Americans for no reason?