Chapter 127: The face is swollen and fat

An interview with Schlesinger, the governor of the Bundesbank, published in the Wall Street Newspaper, was published on September 10, 1992!

And on the same day, British Prime Minister John Major delivered a firm message in his speech to the British Industrial Federation in Scotland in Glasgow: "The choice of weakness, the choice of the devaluators, the choice of fueling inflation, in my opinion, betrays our future at this moment." I can tell you very clearly, that is not the policy of the political axe. ”

Hearing this powerful declaration, some hedge funds began to prepare to take profits (although the profits were not very large). Now, the pound has depreciated by nearly 6% from 1 to 2.95 at the beginning of the year, and it may be time for the average financial speculator to take a halt.

But Ye Tianyi won't stop, because he knows that this is the time to really open up!

At this time, the plan to empty the lira had already begun to be put on the agenda, and it began to be worked on after Chen De left.

In this battle, Chen De is working with his own passion! And the people under his hands also knew what Ye Tianyi said from Chen De, and all the people were full of enthusiasm for a while!

What do they do when they come out to study abroad? is not to make money and support his family, and two of Chen De's friends are from extremely bad backgrounds! Most of the tuition fees for studying abroad are paid by the state.

And Lu Ya, a novice, is also excited, can she not boil? She Lu Ya knows what kind of countries Italy and Britain are, and her first battle started on them, how can Lu Ya not be excited? Is there a financial newcomer in the world who can have Lu Ya's treatment?

With the data provided by Ye Tianyi, plus the perfect work of Chen De and several people! In only a day or two, the battle for the Italian lira was over.

And everything is similar to what Ye Tianyi said, sure enough, by this time, the whole war has started in an all-round way!

As early as two days ago, on September 8, 1992, the Finnish mark first announced its decoupling from the Deutsche mark!

And on September 11, the German political axe announced that it would insist on keeping interest rates unchanged! And the very next day, September 12, the lira fell below the bottom line of volatility against the mark! At this time, Italy was forced to withdraw from the exchange rate mechanism!

And on this day, Ye Tianyi's assets in his hands at this time officially reached 120 million US dollars!

"Tianyi, our funds have reached 120 million US dollars." Chen De made a phone call, and the trembling in Chen De's words could be heard.

Ye Tianyi nodded, his heart twitched fiercely! But he didn't show too much, because not far away, Qin Wu was protecting Ye Tianyi.

Although there was no danger, Qin Wu still insisted on his duties, which was also powerless for Ye Tianyi. Qin Wu's stubbornness, it's hard to imagine!

"Well, good job! But don't rejoice too soon, the real battle will start in earnest at this time! Germany has ditched the pound and it's time for us to take a ride! Ye Tianyi said in a deep voice.

"Yes, I know!" Chen De nodded seriously: "Our side is ready, and the funds have been distributed to important positions!" ”

"Do a good job, and try to break off a few branches of this towering tree of England!" Ye Tianyi said with a flushed face.

Snipe the pound and confront the UK, a financial powerhouse! This may be something that ordinary financiers can't touch in their lifetime, but at this time, Ye Tianyi, who is half-witted in finance, has done it, although it is a little dishonorable and there is a suspicion of hitchhiking, but after all, it is still branded, isn't it?

By this time the Germans had abandoned the British.

The Germans lifted their protection of London, leaving the financial center completely exposed to the ferocious fire of global macro hedge funds.

Now, the Bank of England is London's last line of defence, and it is a shaky one, and the "£7.5 billion" of international aid they relied on does not seem to be in place.

At this time, the decisive battle has officially begun!

In the UK, Prime Minister John Major and British Chancellor of the Exchequer Lemmon have repeatedly declared that the pound will never withdraw from the European Exchange Rate Stability Mechanism!

At this time, the political axe has long been in chaos, and everyone has begun to realize the danger at this time, especially the hedge fund that has never looked at the total before, but at this time it has given itself a slap in the face!

"I don't care what you do, now you have to buy me pounds and keep the pound at the level of 1:2.778 marks. Even if you sell your property, you have to give me the top! A must, right away! Inside the Prime Minister's office, Major slammed the phone in his hand to the ground! At this time, he realized that his end was approaching step by step!

Seeing that the Bank of England is still struggling to support, this may seem to others to be a sign of the tenacity of the pound! But in Ye Tianyi's opinion, it's just a joke!

"What's going on with hedge funds?" Ye Tianyi asked Chen De on the other end of the phone.

Chen De looked at the data map in front of him, and his heart was very shocked! He didn't expect that this humble hedge fund would make such a big splash.

After being stunned for a long time, Chen De could only answer with three words: "It's terrifying." ”

"Well, keep it up!" Ye Tianyi hung up the phone after finishing speaking, Ye Tianyi didn't need to care too much about things at this time! Chen De and the others are doing everything, so Ye Tianyi is still more at ease.

Under the onslaught of hedge funds, even though the UK spent such a huge amount of money, it still could not resist the fall of the pound!

But even if the pound is doomed to fall! Major still won't give up, because Major has his own plans!

Major Major, now as Prime Minister, must maintain Britain's international standing and therefore must maintain high interest rates so that the exchange rate does not weaken.

On the other hand, from the perspective of domestic production, interest rates need to be lowered to stimulate investment and consumption! In between, there is no doubt that Major chose to maintain his international standing and leave his people on the side, but what was the result?

The international status has not been maintained, but he has been scratched all over!

In this regard, Ye Tianyi could only sneer! If you really want to save face, you can earn face later, and you can take revenge after losing face, but is life okay?

However, at this time, the British are still maintaining the interest rate on the pound, what is this not purely a "swollen face and fat man"? , the British will surely pay dearly for their stupidity!

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