"The British are very slow to move, and Hong Kong's foreign exchange reserves are simply not enough for exchange." Lilith said: "In less than three days, their foreign exchange reserves will be exhausted, and another depreciation of the Hong Kong dollar will be inevitable." ”

"Do the British really want to watch Hong Kong's economy collapse and not want to use their own financial resources? Could it be a broken jar? "Mhammad was a little confused. Could it be that the British knew that this Hong Kong would have to be returned to the mainland sooner or later, so they didn't care?

If that's the case, then Hammad will have to withdraw from this fight, after all, his target is not Hong Kong, but the British government behind Hong Kong, as long as the British government bails out the city, it will be greatly damaged.

But now it seems that Britain wants to leave Hong Kong to fend for itself.

It is strange that the day when Hong Kong's foreign exchange reserves are exhausted will be the time for Hong Kong's economy to collapse.

"Continue to monitor the reaction of the UK, and if necessary, our funds can flow into the UK." Mhammad said, anyway, it's already a big game, big deal, snipe the pound in the capital market!

Time continued to pass, three days passed, and when this morning, the citizens who still had not exchanged dollars continued to wait in front of the bank to open the door, only to find that the time to go to work had already passed, and the bank door had not yet opened!

What's going on? According to the time calculation, today is not a rest day, right?

In the hearts of the citizens, a sense of foreboding suddenly swelled up.

Soon, the citizens found out that all the banks were closed, and there was no official explanation. It confirmed that their hunch was correct, and sure enough, the Hong Kong dollar could no longer be exchanged for US dollars!

At the beginning, the official swore that 7.8 Hong Kong dollars to one US dollar. And what the Exchange Fund is still the same, now it seems, is completely fake! Hong Kong's currency is simply issued indiscriminately! Therefore, it can be used normally in normal times, but now, it has encountered a stock market storm. This currency will not work with it.

What will come down? Is it depreciating? The depreciation of the Hong Kong dollar means that their wealth has shrunk!

In the afternoon, angry Hong Kong citizens. Started taking to the streets to protest the government's inaction, and at this time, why didn't the governor come out and speak?

Especially outside the Doge's Palace. Citizens gathered together. He shouted inside, calling the Governor to come out and explain to everyone.

Sir Wilson gently lifted the curtains and looked at the crowd outside, and couldn't help but break out in a cold sweat.

It's been three days, and there has been no reaction from London! What do you do with yourself? Announcing the abandonment of fixed exchange rates? The Hong Kong dollar would immediately depreciate, even more than half, for a Hong Kong that prospers entirely on foreign trade. This will simply hit Hong Kong's economy hardest!

Now, there are marches in Hong Kong again. There is no shortage of journalists, and soon, the news of Hong Kong will spread all over the world, and the London government will appear incompetent.

"Governor, there's news from London." Just then, Sir Wilson's door opened, and a secretary came in and said to him: "London has decided to provide us with a low-interest loan of $30 billion to invest in our Hong Kong dollar market and stabilize the confidence of the citizens." ”

The problem is that Britain's foreign exchange reserves are not much, and the total reserves are only 100 billion dollars, and it is already rare to be able to invest $30 billion to help stabilize Hong Kong's financial order.

"Whoa." The curtains were opened, and Sir Wilson opened the window and looked out at the tide of people.

"Ladies and gentlemen, our Hong Kong economy has always been very healthy, and there will be no crisis in the Hong Kong dollar, everyone should trust the Hong Kong dollar, and the suspension of banks today is mainly because we lack sufficient capacity to transport our foreign exchange reserves, and our safety and security work also needs to be done as well as possible." The governor of Hong Kong looked at the flow of people outside and said: "Tomorrow, the bank will reopen, please bear with me for a while, all those who want to exchange dollars can exchange it, but the interest rate of our Hong Kong dollar is much higher than that of the US dollar, if you want to invest, storing Hong Kong dollars is the most suitable choice." ”

The people below looked at the governor, and the governor was full of confidence, could it be that he was suspicious?

London used one-third of its foreign exchange reserves and put them into the Hong Kong market, helping to stabilize the Hong Kong dollar market that was running against the dollar. The news soon spread in the financial world.

When he learned the news, an old man in his fifties who was far away in the United States had a smile on his face.

The British government invested its own foreign exchange reserves to prevent the fall of the Hong Kong dollar, and they did not know that at this time, a huge conspiracy began to move towards the British monetary system.

"We found some data." Islamabad, Lilith said to Mhammad: "After the British began to provide foreign exchange reserves to Hong Kong, other funds began to enter the United Kingdom, and this fund, about one or two hundred billion dollars, is now in the British market, and began to short the pound. ”

The acquisition of this data was very accidental, and the traders under Lilith kept up with the pace of others, found some funds, rushed to the British market, bought high and sold low, and began to short the pound.

Mhammad's eyelids suddenly jumped, and he remembered that in 92 years, the pound was sniped by an international financial predator, and as a result, it suffered heavy losses, and this international financial predator made a pot of gold solidly.

After that, the capital of this predator began to transfer to many countries, specifically selecting countries with loopholes, and finally formed a financial storm that swept Southeast Asia.

This person is called Soros! His first pot of gold was to dig up the British!

This is a shrewd Jew who escaped from the iron heel of the Nazis in his early years, and the experience at that time made this man far more courageous and daring, as well as insightful, far beyond ordinary people.

In '73, he founded Soros Fund Management, and in '75, he began to stand out in the Wall Street community, and the rate of wealth growth was impressive. In '79, he established his first foundation, the Open Society Fund, with a net worth of about $25 million. In '79, Soros decided to change the company's name to Quantum Fund, but it wasn't until '92 that he began to rob the country.

Now, it's only 87 years, does Soros, the old fox, smell something?

Mhammad knew that in 92, the pound had a crisis, mainly because the pound joined the European exchange rate mechanism, the exchange rates of currencies of various countries were roughly fixed, floating in a space, and the interest rates of central banks were different, which led to the holders increasing or decreasing their holdings of different currencies.

And now, although the UK has not joined the European Exchange Rate Mechanism, their economy is still unstable, especially now, the UK is facing the risk of high inflation, and their foreign exchange reserves have been allocated to Hong Kong by a third.

When someone maliciously shorts the pound and then sells the pound, the British government is powerless to resist.

Although a person's wealth is limited, however, the fund is to absorb the wealth of a considerable number of people, and the strength is even stronger, historically, Soros shorted the pound, more than 10 billion.

"Our money, with it, goes into London." Mhammad immediately made his own decision: "Jointly accelerate the decline of the pound and make another profit from it." ”

The run on the Hong Kong dollar is just to block the British government, but Soros is ready to profit from it, and when Mhammad found out, he was naturally not far behind, following behind Soros and sniping at the pound together!

Unbeknownst to the British, a great danger was slowly coming.

The Quantum Fund began to continue to short the pound, and behind the Quantum Fund, there were countless unknown shares of funds, which also began to pour into London to work together to short the pound.

Soros is a little curious about these unknown funds, who is like-minded with him? Although the other party did not indicate his identity, there is no doubt that he is also here to engage in speculation, and if you do it together, the harvest will be greater.

Now, it's mid-October.

Britain did not realize the crisis until October 12, when the sniping of the pound finally began.

While people were still going to work as usual, bank employees were going about business as usual, and the bank run in Hong Kong, half a world away, seemed like just news.

Tentatively, the Quantum Fund threw out a billion pounds of money, which was a signal to the rest of the money.

At this time, British financial institutions had not yet realized that a financial war had arrived.

Later, a 5 billion pound plate was thrown, and this large-scale throw immediately caused a change in the exchange rate of the pound.

The pound is starting to depreciate!

Soros looked at the movements in the market, and it seemed that this hidden opponent had responded to him, and the opponent's hand was even bigger.

Throw five billion pounds yourself!

In just half a day, more than 10 billion pounds were thrown out of the foreign exchange market, and suddenly, the pound began to depreciate against the US dollar in a large proportion, and British financial institutions panicked.

For them, there is only one option, throw the dollar and catch the pound! Let the pound exchange rate have a soft landing!

It's a pity that this requires a large amount of foreign exchange reserves as support, and the other party throws out as many pounds, and he has to catch it with dollars!

The UK does not have much foreign exchange reserves, and it supported one-third of its reserves during the Hong Kong dollar crisis. All financial officials are aware that the crisis is approaching, and this is a malicious sniper by international capital! (To be continued......)