Speculating in the Russian financial market, shorting the ruble won a big victory, winning more than $20 billion at a time, and before the introduction of Russia's new financial policy, the successful transfer of this huge amount of money made Soros, the head of the quantum fund, feel very good, although half of the profits were distributed to the partner Harry Potter Financial Investment Company, which is also the most brilliant record in his financial speculation career, looking at the financial report sent by CEO Bill, Soros always had a happy smile on his face.

Due to the cooperation with Zuo Jiang's Harry Potter Financial Investment Company, before speculating in the Russian financial market, Soros had high expectations for this cooperation, and usually successfully speculated in the financial market, if 10 billion US dollars were invested, the general income would be between 5 and 1 billion US dollars, and after receiving Zuo Jiang's investment plan and analyzing the turbulent situation in the Soviet Union, his expectations were also high, and the Quantum Fund and the Harry Potter Financial Investment Company each invested more than 10 billion US dollars to build a short position in rubles, He thinks this is a once-in-a-lifetime opportunity, hoping to get 10 to 2 billion US dollars this time, the occurrence of the "8.19" incident in the Soviet Union, so that his confidence is unprecedentedly high, the collapse of the Soviet Union, decisive attack, and then retreat, creating the highest glory of his life.

Soros as an investment leader in the world's financial field, has a keen eye for observation and insight into all the analytical ability, Russia's political situation and the chaos of the financial market he has already smelled the opportunity, Zuo Jiang's investment plan coincides with his ideas, but he is more daring than he expected, a large amount of more than 20 billion US dollars in a position is even more amazing to him, his gambler nature once again burst out, this did not hesitate to bet on this order, and won a big victory.

Soros believes in the post-event analysis that Zuo Jiang's plan is not perfect enough, if he can enter three to four months in advance, the benefits will be more considerable, the plan is not perfect but relatively speaking, Zuo Jiang can grasp the changes in the situation so accurately, he has been amazed, what he doesn't know is that Zuo Jiang invested 80 billion US dollars in half a year in advance, if he knows that Zuo Jiang has all the benefits this time, he will definitely be able to vomit blood!

Soros put down the financial report in his hand and tapped his fingers on the table rhythmically, Russian investment is a thing of the past, and now he has to think about the next investment object. More than $10 billion has been harvested in Russia, and the capital of the quantum fund has reached more than $20 billion, which makes him full of confidence and confidence is unprecedentedly high, and he has set his sights on the pound.

Back in l990, when Britain added the European Exchange Rate Mechanism, Soros was waiting. In his opinion, Britain made a mistake because ERM required that the currencies of member countries must be pegged to the Deutsche Mark. Soros believed that Britain's economy was not strong at that time, and adding people to Erm was tantamount to linking itself to the strongest economy in Western Europe -- a unified Germany, and Britain would pay the price.

The British government is now following a compromise path with an uncertain future – if it does not join the European Exchange Rate Mechanism and the unified European monetary system, Britain will be left out of the door of European integration and will eventually be relegated to a marginal role. If you get too involved in the European monetary system, or even give up the status of the pound sterling, it will be tantamount to making Britain an economic slave of Germany, and London will gradually lose its status as a European financial center. Therefore, Britain could only cautiously "partially join", and once it found that the water ahead was too deep, it could also withdraw ashore in time and return to the "glorious isolation" bunker.

Soros believes that the British government's decision is basically correct, but the timing is quite wrong. With the current state of the British economy, the pound is already in a situation of serious overvaluation, on the one hand, because the British economy is very sluggish, and on the other hand, because the United Kingdom has joined the European exchange rate mechanism, and its currency must be pegged to the currencies of other European countries such as the mark and float within a certain range. If the pound depreciates or appreciates abnormally, the central banks of European countries have the obligation to intervene in the foreign exchange market and stabilize the pound exchange rate. The process of European integration has made the free floating of the pound even more narrow. Therefore, it is no longer possible for the British government to stimulate the development of the economy and rescue the depressed British industry through the active depreciation of the pound.

Soros sees a rare opportunity in this, but it is too early to do anything about the pound, and he must look for an opportunity, where is that opportunity? He can't see it yet. The successful cooperation with Zuo Jiang reminded him of the magical Oriental boy again, looked up at Bill and said: "Bill, please contact Harry Potter Financial Investment Company for me, I want to have an in-depth talk with China Zuo!" ”

Bill contacted Jenny and learned that Zuo Jiang would fly to New York on July 9, so he discussed with Jenny the time for Soros and Zuo Jiang to meet, and after Jenny asked Zuo Jiang for advice, the meeting time was set at 9 a.m. on July 10, and the venue was Zuo Jiang's villa on Fifth Avenue with Soros. Zuo Jiang's main purpose in coming to the United States this time is to negotiate with Soros and join forces to deal with the British pound, and he has no good impression of the Yankees' follower Britain, and now he has to thunder it hard when he has the opportunity.

After Zuo Jiang and Jenny got up and took a mandarin duck bath, they suddenly felt refreshed and comfortable, after breakfast to see the time, Mr. Soros was almost coming, changed out of pajamas and put on a formal outfit, and sat in the living room on the fifth floor for a short time, the housekeeper Lewinsky called and said that Mr. Soros had arrived!

Zuo Jiang and Jenny went downstairs to the door to greet Soros and his party, and after meeting, they were enthusiastic and cold. Of course, this kind of meeting does not need to be accompanied by bodyguards, and the housekeeper Levinski arranged for Soros's four bodyguards to drink coffee in the hall on the first floor, and Soros and Bill came to the meeting room on the fifth floor with Zuo Jiang and Jenny, and the waiter brought coffee and withdrew.

With a good foundation for cooperation, Soros directly explained his intentions and told Zuo Jiang his analysis of the European financial situation, wanting to hear Zuo Jiang's views and explore the possibility of cooperation again. Soros's analysis is undoubtedly an extremely important piece of business information for other financial speculators, and it is not too much to describe it as worth tens of thousands of dollars, and he will never disclose it to other peers, but in the face of Zuo Jiang, he has no reservations.

Zuo Jiang studied the financial markets of Europe and the United States in his previous life, and he is no stranger to the classic example of Soros blocking the British pound and becoming famous, so it can be said that he knows a lot. It's just that at this time, several historical events that contributed to his short pound have not yet appeared, and he can see that Soros is still hesitating, and the meaning of being so anxious to talk to him is self-evident.

Zuo Jiang knows that on February 17, 1992, the foreign ministers and finance ministers of the 12 countries of the European Community signed the Maastricht Treaty in Maastricht, the Netherlands, which is the most important milestone in the process of European integration. The Maastricht Treaty covers many aspects such as politics, economy, military, justice, and citizens' welfare, but the provisions on the European Monetary Union are the core and the most controversial part. The treaty stipulated that the countries of the European Community (later renamed the European Union) should complete the work of harmonizing their currencies in three stages, the first of which was to strengthen the "European exchange rate mechanism" that already existed at that time and to achieve the free flow of capital; The second stage is the establishment of the "European Monetary Agency", which is responsible for coordinating the monetary policy of the countries of the European Community; The third stage is the establishment of a unified European currency (euro) and the upgrading of the "European Monetary Agency" to the "European Central Bank" to formulate a unified monetary policy for EU countries.

It is the emergence of this treaty that restricts the free floating space of the pound exchange rate and creates conditions for Soros to short the pound, and at the same time, when Soros shorts the pound, Germany, which has a strong economy, is desperate for the sake of its own interests, resulting in the pound being recently withdrawn from the European exchange rate mechanism, and Soros became famous.

Of course, Zuo Jiang can't tell Soros about the historical events that did not appear, and from the perspective of analysis, he discussed with Soros very tactfully what should happen if these favorable situations appear, and gradually Soros's eyes lit up! Zuo Jiang not only analyzed the British pound, but also analyzed the Italian lira, because the income from shorting the Italian lira is also very considerable, how can Zuo Jiang let go of this opportunity!