Chapter 906: Surrender and admit defeat

Bank of England.

Looking at the pound exchange rate in front of him, which had fallen to 2.61 and was still falling, the immortal sculpture standing in front of people - Sir Norman finally couldn't bear it, and sat heavily on the chair, looking at the chart with a dull face.

This sudden drop of more than a thousand points seemed to break his spine.

He really never expected that at the moment when the trumpet of victory had sounded, the dawn had finally been saved, and the British Empire was saved, boundless darkness once again shrouded his head, and covered the sky and the sun, and he could not see his fingers.

Sir Norman could not help but cry out in his heart, and even asked the Almighty and All-Knowing God, what did his people, the Anglo-Saxons, do wrong, that is why he would punish his people in this way?

There was a dead silence in the trading room, and Sir Norman looked like this, not to mention the people who regarded Sir Norman as a backer and pillar.

At this moment, a shrill phone rang in the room.

The secretary glanced at the phone number, couldn't help but swallow and spat at the mouth, and said to Sir Norman with an embarrassed face: "10 Downing Street." ”

10 Downing Street?

Hearing these five words that he was most reluctant to hear, a trace of anger suddenly appeared in Sir Norman's body.

He looked at the telephone that was ringing non-stop, and then at the confused, blood-like eyes of the people around him, and his heart couldn't help but tingle.

It was like a needle piercing his heart.

He suddenly shook his head, and the whole person instantly came to his senses, he couldn't just fall and sink, the British Empire was waiting for him to save, the pound was waiting for him to save, and these people in front of him were also waiting for him.

Shocked, Sir Norman stood up, raised his head and chest, like a general on a march, walked to the telephone with high ambition, picked up the microphone and said: "Prime Minister Major, please believe me, I have the confidence to break the mouths and paws of those greedy crocodiles......"

Then, just when Sir Norman was in a high-pitched and high-spirited mood, patting his chest and gushing about the military order, a tired voice came from the other end of the phone, "Sir Norman, give up." ”

Sir Norman's voice stopped abruptly, and his face turned red, as if he had been choked by the neck.

He was really a little panicked this time, although he didn't know how many fights he had with Major before, but he had never heard Major's direct telling him to give up, let alone Major's voice talking to him in such a tired voice.

At this time, Major gave him the feeling of a warrior who had experienced a great battle, as if he would fall in the next moment.

After two seconds, he relieved himself, and said eagerly: "Prime Minister Major, I ......"

"Sir Norman, I thank you for your service to England, but I beg you, really begging you, to leave England with a little seed for economic recovery, England cannot afford to have no foreign reserves. ”

Now Prime Minister Major's voice is soft, even with a hint of pleading, supplication.

"And just a minute ago, Germany and France had sent me a note diplomatically, that they had decided not to save the pound and that they had agreed to England's withdrawal from the European exchange rate system. Major said calmly.

It was as if he was just stating a fact, a fact that had nothing to do with him.

If you don't know, you can't imagine what Major has done for the British pound to join the European exchange rate system, and what he has spent in the past 20 hours today.

He can pat his chest and say that he did his best, that he was worthy of his heart, that as a Prime Minister of England, he was qualified.

At this, Sir Norman's mouth moved, and he wanted to say something, but found that it seemed as if a large stone was blocking his lips.

Eventually, he sighed lightly, looked up at the ceiling, closed his eyes, and two lines of wordless tears flowed down instantly!

His hand hung limply, allowing the microphone in his hand to fall freely and roll on the carpet.

He was unwilling!

Really unwilling!

After paying so much, I have clearly seen the light, but I still got such a situation.

He hates!

But he didn't know who to hate......

Hate Prime Minister Major?

If it weren't for him, the pound would not have joined the European exchange rate system, let alone ended Margaret Thatcher's eleven years of rule at 10 Downing Street, and naturally there would be no today.

But he knew that Major really tried his best, and even that Major did it better than he imagined.

According to what he knew about Major, Major should have been at eight o'clock in the morning, in fact, he couldn't stand it, let alone have the courage to raise the exchange rate of British bank deposits to 15%, and allow him unlimited access to foreign exchange reserves, asking the countries of the European exchange rate system to help.

And in this short period of more than an hour, when the battle was fierce and the situation was the most intense and anxious, although Major made countless phone calls, he never used the prime minister's right to stop his actions, let alone depose him.

On the contrary, they have been actively negotiating with European countries, which has allowed European countries to survive until now.

It can be said that he has made great contributions, which impressed him.

Hate Soros and other financial predators?

He also can't hate that the reason why these financial predators are eyeing the Finnish mark, lira and the pound is more because of their own problems.

Moreover, he also knows what kind of result a country will face if it does not even have a little foreign exchange reserves, it will definitely be inflation, and the economy will fall into a Great Depression, and he cannot afford such a price.

Moreover, he has no confidence, and with the skill and strength shown by the other party, he really has no confidence to defeat the other party, and he has no confidence at all.

"I see, you've worked hard. ”

Sir Norman staggered, picked up the microphone on the ground with great difficulty, and said earnestly.

This is the first time he has really called Mei Jer that, and Mei Jer's performance today is worthy of being the Prime Minister of the British Empire.

Major chuckled, then hung up the phone.

Looking at the empty room, Major looked up to the sky and sighed helplessly.

At this time, his eyes were covered with thick dark circles, and his clothes were even more crumpled and stained with the smell of cigars.

He was also tired, since he received the news and was pulled out of his sleep, he had never rested, maintained a high degree of nervousness, and had been trying to mediate with the leaders of European countries.

Major held his head and buried it in his arms.

A minute later, he suddenly straightened up energetically, and instructed: "Inform me to go down, prepare for a press conference, and then ask the makeup artist to come over, help me dress up a little more energetically, and find me a suit to enter the palace to meet Her Majesty." ”

Speaking of this, Major paused, and said categorically: "Even if the British Empire admits defeat, it must ensure the dignity of a gentleman." ”

London, UK, 4:40 p.m.

In the expectation of many reporters, the door of No. 10 Downing Street opened again, and Major did not wave to everyone slowly, leaving everyone enough time to take pictures, but took three steps and two steps, and strode to the back of the podium.

"I am now announcing that the United Kingdom will withdraw from the European exchange rate system, and will not use the Deutsche Mark as an anchor point, and will change from a fixed exchange rate to a floating exchange rate, which means that the government will no longer interfere in the fluctuation of the pound exchange rate. Then it will abolish the 15% deposit rate for UK banks and change it to 9%. ”

After saying this, without waiting for everyone's reaction, Major left without looking back, and the gate of No. 10 Downing Street was also urgently closed.

I'm afraid this door didn't even open for thirty seconds, how can it be ruthless.

Everyone looked at the closed door, blinking their eyes, and felt a hallucination, as if the door had never been opened, and Prime Minister Major had not said what he had just said.

To be honest, withdrawing from the European exchange rate system and changing to a floating exchange rate is already expected by them, after all, the exchange rate has been so low that even a fool will not be able to save it.

But the change in the deposit rate is a bit too unexpected.

But when I think about it, I can figure it out.

Since there is no need to save the pound exchange rate, the deposit exchange rate will naturally no longer be 15%, and low interest rates will help stimulate corporate investment, rather than putting money in the bank and lying down and eating interest.

Major's speech seemed to sound the clarion call for the bears in place, and just a minute after his speech landed, the pound fell by 500 basis points, and at a rate of nearly 100 basis points per minute.

Apparently, the intention was to completely wipe out the pound within 20 minutes before the London foreign exchange market closed.

Moreover, the retail investors who can stay until now and still have chips in their hands are not fools, and naturally know that this is a rare opportunity in a hundred years to cut meat from one of the world's major powers and the five permanent members.

If this one can be done well, you can do it in the next two or three years, and even buy a house and hold a wedding.

It can be said that this is a feast for foreign exchange speculators all over the world!

Like a flood that opened the floodgates, the pound fell rapidly from the very beginning of 2.61, 2.55, 2.5......

Even after falling to 2.3, it has been stumbling endlessly.

At this time, Soros stared at the pound exchange rate chart with a nervous face, and his ears were even more absorbed, and the reports of various traders gathered all kinds of information in his mind.

This nervous look was something he had never had before when he invested billions or tens of billions of dollars to suppress the pound exchange rate.

No way, who made this stage too important.

Knocking down the pound exchange rate is not a great skill, nor can it reflect his exquisite trading skills and advanced ideas.

After all, as I said before, whether in the foreign exchange market or the stock market, as long as there is no delivery, there is no pocket, it is all empty, and the victory in hand may be instantly turned into a bubble.

Just like the officials of Go, sometimes it looks like they have won, but when it is the official, the chess is one move short and the calculation is negligent, but the defeat is turned into a victory.

In the foreign exchange market, once the delivery escapes, it will inevitably cause market volatility.

When fleeing as a bear, the market volatility is rising, and when fleeing as a bull, the market volatility is decreasing.

This also means that if the delivery is not done well, the delivery point is not right, because the exchange rate formed by the flight of funds will rise, which will greatly reduce the results of his victory this time, and sometimes it is not surprising to lose 5%~10 paper income if it is not done well.

After all, you must know that the funds he invested in the foreign exchange market are a full 10 billion US dollars, which is definitely not a small amount, and if he escapes all in an instant, he can raise the exchange rate of the pound by at least 800 basis points.

And such a large amount of capital flight will naturally cause other retail investors to flee in more panic.

As a result, the pound will definitely rise like an avalanche.

At that point, his victory will not be compromised without much compromise.

Seeing that the pound exchange rate has gradually approached the 2.15 mark, and the rate of decline of the pound exchange rate has slowed down significantly, Soros suddenly ordered: "Prepare for delivery." ”

Although there is still room for the pound to fall, it is unlikely that he will wait until it really bottoms out before acting.

At that time, it was the time when the exchange rate was the most vulnerable, and the slightest movement of him would cause the exchange rate to rise wildly.

It is best to quietly close the short position of the pound in your hand little by little without interest when there are still funds to continue to buy the pound short.

But who knew that the fund manager did not act immediately, but looked at Soros with a difficult face.

Soros frowned, and was about to ask, when the fund manager pointed to Zhu Changhong on the side.

Zhu Changhong grinned, revealing eight teeth, and looked harmless and well-behaved.

Seeing this, Soros instantly frowned and twisted into a Sichuan character!

FUCK!

Damn it!

The ups and downs just now, coupled with the fact that he had been staring at the pound exchange rate and looking for the best time, he had forgotten it, and he also promised to let Fang Chen escape first.

At the thought that he actually agreed to such a broken condition, Soros's heart was as disgusting as eating a fly.

If Fang Chen was allowed to flee first, he would lose at least $30 million.

However, the most important thing is that if after Fang Chen escapes, those retail investors find out that there is an institution, and a large amount of money flees, and they also flee frantically, then he will lose more than 30 million US dollars.

Exactly how much, as long as God knows.

For a moment, he even had a kind of intention to repay the debt.

But in the next moment, he still dismissed this idea.

If he really repaid the debt, he believed that with Fang Chen's methods and ruthlessness, especially his insatiable personality, his treacherous behavior would definitely spread throughout the world.

He didn't want to let his reputation be completely ruined for the sake of tens of millions of dollars.

What's more, he plans to go to Russia to do something recently.

That was Fang Chen's territory, if he dared to pit Fang Chen, he couldn't believe what kind of crazy thing Fang Chen would do.

Besides, Fang Chen has an overseer here.

That's what he said with his hands and feet, and he can move it.