Chapter 50 The Future is History

After a few days of operation in the futures market that he was familiar with, Mike made a small gain. But the more he made money, the more he felt that he was bottomless, and he always felt that something was wrong, because he could basically make money with his eyes closed! I don't know if I don't know it, but the target of my investment is actually a futures variant of the relevant bonds in the market. He hurriedly asked Seth to hack into the accounts of major financial institutions in Israel, and the result was much more serious than he expected. Not to mention any securities companies, from the pension fund in Israel to the aunt who sweeps the streets, they all directly or indirectly hold this kind of disguised leveraged bonds. It can be said that the whole people have increased leverage, and they are all locked in a huge bubble boat. The largest holdings of these bonds are held by the largest listed brokers. At this time, if the empire attacks the bond market of the Islamic country, its destructive power will also be transmitted to the stock market very quickly, and as long as the empire takes a strong dose in the peripheral foreign exchange market, then all these people on the ship will not be left with nothing in an instant, and even in debt! Moreover, the Islamic country is the futures trading center of several neighboring countries, and if the Islamic country falls, it will inevitably drag the financial markets of the nearby countries into the whirlpool of this disaster like dominoes. The more Mike thought about it, the more frightened he became, isn't this a financial war that has been planned for a long time? And it is at the level of a hydrogen bomb! Mike sent a detailed report to Weidmann overnight. Weidmann also quickly replied the next day, and he asked Mike and other leaders of the Wing Clan to be in a high position in the Isz country, and this person would introduce him to the king of the Isz country. Let Mike be ready to speak, and when the time comes, he will be able to explain the gravity of the situation to the king himself.

Within two days, the executive took Mike to meet the king and the chancellor of the exchequer beside him.

"I've heard some of your claims from Minister York. I am very glad that you can think about the motherland at a young age, because as long as there are more people like you, our motherland will definitely be richer and stronger! But in fact, your worries should be unnecessary. The man next to me is the inventor of the bond-pledged repo game you fear, our new genius Treasury Secretary Donald. In the past two years, he has miraculously saved the weak economy of our country! Let him tell you more about the financial firewall he has set up a long time ago. Said the king of Is

"You're Mike. Come, take this dozen, which describes in great detail the feasibility report of my establishment of this financial innovation project. Articles 134 to 256 of Chapter 48 are about the analysis and control of financial risks. There may be a lot of content, and you can't read it all at once. I've asked the king, and you can take it home and study it carefully. However, although it is a copy, it is also a high-level design of the Islamic State, remember to return it immediately after reading it~" Chancellor of the Exchequer Donald said lightly

"What's the use of all this?! Do you know how much leverage you have increased outside?! If someone attacks your bond market, it will be too late! We will repeat the mistakes of the five countries 13 years ago!!" Mike shouted excitedly

"Rude! How can you talk such nonsense in front of the king! Anyone who knows a little bit about finance knows that bonds are the lowest-risk investment instruments, so where did the financial crisis come about?

"Alright, alright. Donald, he's just a kid after all. We can all see what you have contributed to ISS. Mike just wanted to contribute to the motherland, but he was a little too strong. Understandable, understandable. The king said in a circle

Michael was about to open his mouth to continue arguing with Donald, but the Minister of York on the side stomped on his foot and told him to shut up.

After the meeting, Mike complained to Minister York: "Why didn't you not only help me talk just now, but also stopped me from talking?!"

"Don't you see? The king believed in Donald, and I think his innovations really brought wealth to everyone. You can't deny that. And, Mike, I want to ask you, do you have conclusive evidence that the Empire will attack our financial system?" asked Minister York rhetorically

"What?!, don't you even believe what I'm saying now?!!" exclaimed Mike in astonishment

"Don't get excited, Mike. It's not that I don't believe you. You see, Donald is a professor of finance at Wadston University, a two-time winner of the Kinson Prize in Economics, and one of the few scholars who enjoys a special government grant. As for you, you have neither gone to university nor have long-term social work experience, and you are still so young. If there is no solid evidence, it is difficult for anyone to believe what you are saying. Do you say?" said Minister York, helplessly

Mike was speechless, and in a fit of rage, he threw the dozen pieces of information that Donald had just given him into the air, and then turned and left. Leaving Minister York alone and his face full of displeasure.

Mike, who was in a state of confusion, had never felt so helpless, as if he was overwhelmed by an incomparably powerful force. Maybe it's because he doesn't even know where to start this time...

"I'm! I'm!" Mike roared hysterically from the makeshift base.

"What's the matter, Mike, haven't you convinced the king?" immediately asked the rain who was on the side

"Why do people prefer to believe in that inanimate diploma rather than see the real danger in front of them!!!

"Mike, maybe it's not appropriate for me to say this now. But I think you have to figure it out at this point. In fact, the financial wars and theories you mentioned are a bit too professional. Maybe even if you are a person who studies finance, you may not understand everything. So you need to be quiet now and think about something else. Jessica patiently advised

At this time, a news came from the new TV hanging on the wall:

"Finance, you, me, and him, only be the financial experts around you. Hello everyone, I'm the host Wan Defu, just this morning China's Minister of Finance Donald just announced another financial innovation regulation at the press conference: new rules for umbrella trading accounts. Experts have praised this new measure, which will greatly stimulate the economic activity of the country. Unconsciously, under the unfavorable background of the international financial crisis, our small Islamic country has embarked on a different path of innovation!"