On September 15, 45 days after his injury, Jonas was finally able to throw away his crutches and work on his leg strength.

His femur was hit by a bullet and had a slight bone crack, and although it had only been forty-five days, he had almost recovered.

As for his leg muscles, the most severely injured is the semitendinosus muscle, followed by the semimembranosus muscle.

After careful treatment by medical experts, not only the muscles recovered well, but also the nervous system was not greatly affected.

The muscles recover well, not only in the endurance and explosiveness, but also in the wound, which cannot be seen without careful observation.

I trained with the team for two days, and except for the physical strength that has decreased due to more than a month of rest, there is no major problem at present.

However, for the sake of safety, he will not be able to participate in high-intensity competitions for the time being.

On September 17, Jonas returned to school and re-entered the learning phase.

Although he didn't go to school, with Stertten and Balm helping him prepare for his lessons, and Erwin didn't like it, not only did he not fall behind in his lessons, but he learned faster than most of his classmates.

Professor Hugo has been conducting research at Hoffman Investment Bank for the last ten days after accepting his offer, and in addition to him, Jonas has also offered a salary to all six of his students.

Erwin and the others received their salaries, and they were more motivated to make up for Jonas.

Back in school, Jonas is interested in expanding his social circle while studying, actively participating in various study groups and extracurricular research projects at the school.

Of course, this is only during the day, and the time at night is left to the company, and the company's daily investment projects and daily accounts must be closely monitored.

As a result, his current schedule is very tight, and ordinary people can't bear it at all.

Every morning, I read major newspapers and periodicals, study during the day, and handle official business at night.

Even in the car, he was constantly reading documents or studying.

These days were so fulfilling that Jonas left even his appetites behind.

At the end of September, Dean Schwarch, who was attending the six-nation economic conference in Frankfurt, returned to the school and immediately found Jonas.

When Jonas came to his office, the first thing he said was, "I don't want to listen to clichés today, I want to ask you to understand, on what basis did you judge that Armenia agreed with the depreciation of the dollar?"

After the sixties, in order to maintain its status as an international currency, the US dollar once insisted that the US dollar would not depreciate.

But by the seventies, exports had soared, Armenian goods were not internationally competitive, Armenia could no longer bear it, and the Bretton Woods system collapsed.

However, even so, the depreciation of the dollar is still kept within a range, and their exports are deteriorating.

However, there is another hardliner at this time, that is, Finance Minister Rigan, who has been unwilling to let the dollar depreciate in order to maintain its strong position.

Until June of this year, Armenia's domestic trade deficit was getting bigger and bigger, and he couldn't hold on.

In September, France, Britain, Germany, Italy, Japan, and the United States, the six most developed countries in the world, began the first round of consultations to discuss a package of agreements to increase the export competitiveness of products, curb inflation, expand domestic demand, and reduce trade intervention through the depreciation of the US dollar, so as to improve the imbalance in the balance of payments.

Although the three-day meeting did not reach a consensus, Schwarch found that Rigan's attitude had softened under pressure from the other five countries.

Rigan has always adhered to the idea of free markets and floating exchange rates, and believes that "when the dollar is strong, the United States is strong."

However, the domestic trade deficit and declining exports for several consecutive years are also problems that must be solved.

Among the five countries of France, Britain, Germany, Italy, and Japan, Germany and Dongying, which are the most competitive, are the most hopeful for the dollar to depreciate.

In particular, the U.S. dollar is appreciating, and the Ministry of Finance is worried that the U.S. dollar will collapse in a panic, which will bring great turmoil.

Dongying industry is more afraid of the rise of trade protectionism in the United States and the suppression of Dongying goods.

The depreciation of the dollar can slow this trend, and more importantly, the business community hopes that their currency will be worth more when the yen rises.

Although the appreciation of the yen will affect the export of goods, Dongying has now found a new direction for the development of domestic development, that is, overseas mergers and acquisitions and overseas production.

After the appreciation of the yen, for example, a company that originally needed 1 million can be bought for 700,000 yuan, and the appreciation of the yen can also save a lot of foreign exchange for Dongying, which has been importing raw materials.

Therefore, the Plaza Accord is not actually the most active initiative of Armenia, but it is precisely Dongying that actively promotes.

It's just that they overestimate the complex situation in their own country and their ability to resist risks.

In addition to Dongying, Germany, France, Britain and Italy also signed the contract, but none of those four countries were affected, only Dongying collapsed.

At least at this stage, no one can see this.

Jonas's plan to invest in Dongying is not recognized by everyone, and even Schwarch believes that the conditions are not ripe.

However, although the meeting did not resolve any problems, he could already see the determination of France, Britain, Germany, Italy, and Japan.

Regan, though tough, is no longer explicitly opposed to Armenia's domestic economy, now affected by the contraction of the Armenian economy.

Sensing the change in the limelight, Schwarch approached Jonas as soon as he returned to Zurich.

Jonas smiled, "Dean, didn't the report say that there was no consensus at this meeting?"

Schwarch nodded and said, "It's true that Rigan's position is very firm, but this time, his attitude is very ambiguous.

According to my judgment, he is not having a good time at home at present, and in the difficult situation at home and abroad, he will either change his position or resign. ”

Jonas had already thought about Schwartz's question many times, and insisted: "I draw conclusions based on the trend of the economic cycle in Armenia and the decline in their exports.

The four European countries are close to each other, trade is frequent, and European companies control far more resources than they do, so the magnitude of economic change will not be very large.

However, Dongying is isolated in the Far East, relying almost entirely on the development of an export-oriented economy, so they will inevitably be more affected. ”

Schwarch groaned and said: "It seems that I have to let UBS and Credit Suisse hedge the risk of dollar depreciation from now on." ”

Jonas borrowed dollars through UBS and Credit Suisse, then exchanged yen through their banks in Toei, and finally returned the dollars.

If the dollar depreciates sharply, it will be difficult to earn back the interest, not to mention the interest.

Any commercial bank, financial institution, is very sensitive to changes in world economic trends.

It's not that you can go short when you go back to this era, what you can know, others have already seen.

It took a year of negotiations before the Plaza Agreement was finalized.

In other words, even if you are born again, it is impossible to make money from this.

At most, you can only short half a year in advance, and all one-year short sales must be subject to double supervision, how can you open a position?

Schwarch raised his head, looked at Jonas again and said, "You have invested nearly two billion dollars in Dongying, not to mention that you have made profits through operations, just after the negotiation of the depreciation of the dollar, your profits will be very amazing."

At present, the dollar is 1:25 to the yen, and in the next few years, it will fall to about 1:15, which alone is equivalent to a profit of nearly 100 percent.

Moreover, this way of making money will not harm the interests of any party, and it can be said that no matter how much money you make, you will not offend people.

Jonas smiled, "Things haven't been decided yet, and there is a possibility that something will happen in the future." ”

"No, the development trend of the world economy will not change significantly. Schwarch looked at Jonas and said, "Jonas, I can help you design a management framework and management model that is in line with the future development of Hoffman Investment Bank, and I can also make UBS and Credit Suisse become strategic development partners of Hoffman Investment Bank......"

Jonas suppressed his excitement and calmly asked, "So what do you need me to do?"

Schwarch stared into Jonas's eyes and said, "You don't have to do anything, but I have to inquire about any decision of Hoffman's investment bank, the minutes of the meeting." ”

Jonas smiled and asked, "Does Dean Schwarch really think that the case of Hoffman's investment bank is worth studying?"

"Maybe it's your talent to look at the big picture, but any case is researchable, even if it fails. What's more, I have determined that your investment this time may be several times more profitable. ”

Jonas said: "I have one condition, too. ”

"You say. ”

"I don't want the investment departments of Credit Suisse and UBS to get too much information from you. ”

He smiled and stretched out his hand and said: "I will not get too involved in specific projects, my ideal is just to build UBS and Credit Suisse into world-class commercial banks, and then become the financial capital group of all Swiss companies." ”

Jonas was stunned and took a deep breath before saying, "I originally thought that my goal was big enough, but I didn't expect that Dean Schwarch, your goal is even bigger!"

Jonas just wanted to build a world-class consortium, but what Schwarch is doing now is trying to turn the whole of Switzerland into an economic giant.

Although Switzerland is a country, it also has the basic requirements of a large consortium.

Following Schwarchers's model, Switzerland's economy will be more competitive.

However, when you think about it, Switzerland has been in the top few of the most competitive countries in the world for many years, and even ranked first for many years, which is understandable.

The development of any country into the most competitive region is inseparable from the efforts of people with lofty ideals from generation to generation.

Schwarch smiled and patted Jonas on the shoulder and said, "I'm old, and the future of Switzerland still depends on you young people." ”

Before leaving, Jonas promised: "I'll have someone send you the minutes of the half-year meeting of Hoffman Investment Bank." ”

"No, I don't. Schwarch smiled: "Anyway, it's not far, I'll go directly to your company to check it." ”