Chapter 45: The Beginning

Late at night on December 19, 1994.

This is a moment that will be remembered by the people of South America, and it is also the moment when the left-wing regime in South America begins to decline.

The Mexican government's sudden announcement that the national currency, the peso, would depreciate by 15%, which made the capital predators who had been prepared for a long time cheer, and also made retail investors who had not known about the changes in the market panic, even panic.

The day has not yet dawned, the foreign exchange market has not yet opened, but orders to sell the Mexican peso have been surging from the trading seats of major investment banks, institutions, private equity or public funds.

Although Su Jingzhen knew that this day was coming, in the current environment, there was no tool at home that could track the economic situation in Mexico in real time, and it was impossible to keep checking with the phone, so he could only sit next to the TV and watch the news of NBC, hoping to see the news live or recorded.

But when it was twelve o'clock in the middle of the night, there was no TV yet, Su Jingzhen was so sleepy watching the old TV series that he couldn't open his eyes, and he wanted to forcibly convince himself that everything was for the sake of money, so what if he stayed up all night, he couldn't die.

But when he really watched the boring soap opera, Su Jingzhen was going crazy and wanted to die, this is really not something ordinary people can survive, and finally he decided, who to love, let it fall apart, and go to sleep.

Unfortunately, when he was sleeping soundly, the phone rang at home, which not only woke him up, but also Joanna.

"Sue, watch TV! The Mexican government has announced!" Micher's excited voice came to her ears.

The expression on Su Jingzhen's face was very happy, but he had already prepared in his heart, and when it really happened, he found that he was not as excited as he imagined, but Joanna was standing next to him, and it was not good to be too calm, so he ran to turn on the TV with a slight smile, and watched the broadcast on the TV while talking to Michelle.

"Oh my God, it's hard to imagine that if the government announces a 15% depreciation, the exchange rate of the peso against the US knife will fall by 90 degrees tomorrow, and I can imagine the misery of capital fleeing the Mexican market. Michelle's mouth was tragic, but her tone was very happy and excited, like a hungry lioness seeing a pouting calf.

"It's a pity that we have less money and don't dare to use high leverage to operate, otherwise this time, we will be able to earn enough for the rest of our lives. Michelle gushed endlessly, and it could be seen that her mood was high now.

"It's a lot, at the beginning we only had 250,000 funds, and when the stock market was rising, we harvested it once, deducting all the expenses, we made three times the profit, and then my family added 50,000, and you also added 200,000, we made up a whole number, that's a whole million funds. Su Jingzhen shook his head and said, this person swallows an elephant if he is not enough, and the visible benefits always make people so crazy.

"I can't wait for 100 million! What a dog! Why didn't I dare to borrow some money a few days ago, and it would be good to get together another 180,000 yuan. Michelle is starting to explode, thinking about tomorrow's profits, it can make her feel distressed to death, how much money does this have to be less, every dollar invested in it will be multiplied several times when it comes out.

"Okay, okay, you calm down, Joanna and I want to watch TV, see if there is any news here, you go wash your face, and then think about how to tell the agent tomorrow, although it is basically impossible for the peso to turn over tomorrow, but you have to prevent the technical callback made by the big investors in order to escape, don't be careless and drown." ”

Su Jingzhen was quite calm in her heart, so she didn't want to listen to Michelle venting her emotions, so she just found an excuse and hung up the phone.

"Sue, it seems that you have succeeded again......" Joanna, who was woken up, although she didn't hear what Michelle on the other side of the phone was saying, but from the TV show, she knew the news, as a lawyer who has operated commercial cases, of course she understands what impact this kind of heavy news will have on the market.

So she went to the kitchen and brewed two cups of coffee, ready to treat it as a celebration wine, in fact, she really wanted to drink something, but there was never wine at home, men and women live together, if you drink too much, it is very easy to have problems, Joanna doesn't want to have something with Su Jingzhen.

Su Jingzhen took the coffee, put it on the coffee table first, then shrugged his shoulders, and said to Joanna with a smile: "This is our success, and isn't it that we have a consensus early on that we will succeed this time?"

Joanna didn't speak, smiled and stretched out her hand holding the coffee, and motioned for Su Jingzhen to clink glasses to celebrate.

After dawn, the foreign exchange market in Mexico is really just like Su Jingzhen said, it is the right thing to open low and go low, but the big investors and some institutions with pesos in their hands are not willing to just cut their meat and leave the market, so there are repeated shocks in the foreign exchange market, and various technical pullbacks and the news that the Mexican government will buy back pesos are endless.

Some scalping bulls can show their strength in such a situation, so that it is foreseeable that the market will completely turn to the side, and then the market will repeatedly fluctuate is the favorite hunting ground of these people, and a carnival feast of predators begins.

On the 20th, the Mexican foreign exchange market fell again after the market opened, and at this time the Mexican government's foreign exchange reserves were less than 10 billion US dollars, the big hole in the foreign exchange market was not filled with any satisfaction, and the government began to think about what to do in the future, when the action to protect the market was slow, the market could immediately feel it, and the peso fell again, and the exchange rate fell from the initial 3.47 pesos to 3.925 pesos to the U.S. dollar, a sharp drop of 13%.

This kind of cliff-like diving is no longer something that can be pulled back by technology, countless speculators have gone bankrupt, countless financial institutions are facing failure, and only a very small number of people can eat meat in it.

On the 21st, there is no order in the market that dares to accept the peso, and the Mexican peso will fall by 15.3% No one can guarantee whether it will continue to fall again.

At this time, Su Jingzhen was also adjusting his strategy, and on the morning of the 21st, although the peso had not yet fallen to the bottom, he had already gathered with his friends to discuss the next plan.

After careful and professional inquiry, Su Jingzhen and Michelle made a decision and began to lobby Citi to ask the investment manager who was in charge of their investment to find the institution and individual of the VAM agreement to see if it could be settled in advance.

Author: I want to know, what does the brother who voted for four reminders think, 12,000 words will kill people! Dead people! Dead people!! Kneel, do you know, you are teasing the author like this, the author is really going to kneel.

Please, don't fix these things, let's be practical, reward something, recommend something, just don't be on it.

Momoda......