American TV series

Chapter 532 Solo has a deep background

This is the first time Soros realizes that bragging is actually a very dangerous thing, and one bad move may endanger him!

He swore that he would speak only seven points in the future.

Forget it, from now on, except for black people, when speaking, you must say seven points and leave three points! Of course, there is no intention to look down on the intelligence of black brothers.

Soros still likes this group of black buddies. He will be anxious for anyone who says that the black buddies are not good!

Sean shook off Soros's hands several times and raised his feet, as if if you catch me again, I'll kick you, he finally calmed down Soros.

Legend, legend, Sean never cares about age when he hits people, and his attacks are particularly dark!

"Mr. Sean, listen to me. Really, it's not that I don't want to take you with me. We are not shorting in the foreign exchange market (foreign exchange margin trading)." Soros wiped the sweat from his head. He had to give

Sean explained the reason clearly. "Okay, tell me, I'll see how many tricks you can come up with." Sean crossed his arms and stared at Soros with an unhappy expression.

"You must know what shorting means. Shorting can also be done in the foreign exchange market, but this kind of shorting is based on the depreciation of the other party's currency."

"Didn't we just determine when the pound would depreciate?" Sean asked with a cold face.

"Yes, we know that the pound will definitely depreciate, but when? This time is uncontrollable." Soros adjusted his mood and became more confident in finance again. "Only one thing, among the members of the European Exchange Rate Mechanism,

It is not just the United Kingdom that is facing problems. Finland, Sweden, Italy, Spain, and France are all facing economic recession. Only Germany's economy is improving and rising."

"If someone is short selling in the foreign exchange market, then at this time, the British Finance Minister and 13 other countries will jointly negotiate with the Germans. Is it possible for the Germans to cooperate. Several of their countries will raise interest rates, and Germany will cut interest rates. In a short time,

It doesn't take long to raise their currency. With a leverage of 20-400 times, most speculators can liquidate their positions in a few days! "

"The risk is too great!" Soros said firmly.

Sean touched his chin. He knew nothing about financial operations. Even top students who graduated from the finance department of several prestigious universities only had theoretical experience at most. If they followed their instructions and operated, they would die without knowing how.

"20" Soros glanced secretly and saw Sean's brows raised again. He quickly changed his words: "3 billion is the most. I can't say any more. We have to increase leverage. Even the lowest leverage will become 60 billion."

Ah, it’s more than the UK’s foreign exchange reserves, how can I let those big banks get a share of the pie?”

"Isn't it said that the foreign exchange market is a financial wave? No matter how much money is thrown into it, it is just a drop of water?" Sean frowned more and more. This was different from what he knew.

"As for other small countries in Europe, their foreign exchange reserves are even lower. For example, Finland and Sweden have a total foreign exchange reserve of less than 2 billion US dollars!"

"For example, Finland's GDP last year was only 140 billion U.S. dollars, and Sweden's was only 260 billion U.S. dollars, and its foreign exchange reserves were less than 2 billion U.S. dollars. How could their market share in the foreign exchange market be as big as 50 billion U.S. dollars."

After Soros left, Sean's mood didn't improve. He didn't find any money when he went out. Isn't this a loss of money?

Too lazy to care about what Soros did, Sean made a phone call and returned to the Sky Palace to New York to pick up the whole family. Sean was going to have a vacation here.

If the currencies of these countries are needed, he can help with liquidity lending, but his business has not yet extended to Europe.

"Fake, don't cry, please stop!" Sean really can't stand it anymore. You are a 60-year-old man. What do you look like crying? I don't know what you think is wrong with me.

You are here.

Of course, he didn't think Soros dared to lie to him and borrow some courage from this bad old man.

Decades later, billions and tens of billions of dollars were thrown into the financial market, and it was just like a drop of water. "Damn it, Fuck!" Sean cursed irritably, "I don't care, stop talking, anyway, I

I want to invest money!" Soros was stunned, and crystal tears fell from his big cloudy eyes.

Thailand, one of the Four Asian Tigers, had a total foreign exchange reserve of only US$24 billion in 1997.

In fact, although Soros's shorting of the British pound is claimed to be the greatest transaction in history, and he is hailed by the book as the man who defeated the Empire on which the sun never sets, in fact, Soros only made US$1 billion in this bloody financial battle.

.

When people make trouble, things will get out of control.

Of course, the British losses were more than this, causing a total loss of 27 billion pounds in foreign exchange reserves and 3.4 billion pounds in fiscal losses.

Sean frowned for a long time and licked his lips, "I remember you just said that you will also short-sell in the foreign exchange market after you start taking action."

"If you don't go to a big bank, how can you lend money? Even in a small country like Finland, if I, Soros, go to borrow money, they might not be alert immediately. How can they lend money to me? Who doesn't know about my Quantum Fund?

What does he do? "Soros looked helpless. His reputation was so bad that it was hard to borrow money.

The confusing timeline caused Sean to misjudge a lot of things, and the current financial market is just beginning to move onto the fast track.

"Of course, it's not that we won't enter the foreign exchange market for short selling, but this must be after we start operating their currencies."

"Even if you invest 10 billion, it won't be used." Soros spread his hands, looking helpless.

"No, who said that? This and this. Soros couldn't laugh or cry. "This so-called drop of water depends on who invests it. A drop of water for ordinary people costs tens of thousands of dollars. Your hand is worth 10 billion.

"

"Among the total foreign exchange reserve currencies in the world, the U.S. dollar, pound, franc, mark, and Japanese yen account for 98% of all foreign exchange reserves. The currencies of other countries have no value at all in the market!"

If it were extended to the whole of Europe, the losses would be even greater.

Damn it, Sean started to curse, "Then tell me, how much can you take at most!" His purpose was to clean up the British people, and he couldn't ruin his own affairs by himself.

"You also said, that's the Middle East, a group of oil sellers, who would talk to them about finance?" Soros smiled and shook his head, "They are not considered normal countries, right? A small country like Hanni, with foreign exchange reserves

Both exceed 20 billion. They reserve dollars not because they need so much foreign exchange, but because they have to do this and follow the route set by the United States!"

These countries are not stupid. If you Soros borrow Finnish marks, Italian lira, and pounds, it’s strange that they will lend them to you. What’s the difference between that and handing over a submachine gun yourself?

This is not how you send yourself to death.

"We have concluded that the pound sterling and the currencies of several other countries will depreciate. We want to make this money, but the method must not be bound to the timeline." Soros continued: "Our operation method, to put it simply, is to start with

Target countries lend large amounts of their own currency and then sell it on financial markets, converting it all into U.S. dollars."

"So few?" Sean was shocked. "It's impossible. I know that among the tycoons in the Middle East, each of them has tens of billions of foreign exchange reserves!"

"Okay, okay, it's settled, that's it, you go." Sean started waving people away. Damn it, there is still money that can't be spent these days, it's disgusting!

Soros breathed a heavy sigh of relief. After he relaxed, he realized that his whole body was covered in sweat, his body was weak, his mind was dizzy, he stood up and then fell back again, his legs were weak.

Sean Bank is also a major international bank, but it really can't participate. Its obligations are mainly in South America, Southeast Asia, and North Africa.

In Soros's plan, in the end, everyone must unite with the power of Wall Street to work together. If you go it alone, you will be beaten to death.

"Uh, Sean blinked, no, are you kidding me? Foreign exchange reserves are so low?

Sean remembered that at this time, the northern foreign exchange reserves were only 11 billion U.S. dollars, and he was still talking about the foreign exchange reserves being too low and having no money all day long.

Soros resisted the urge to roll his eyes and drew a number, "10 companies! Most of them are just over 10 billion!"

Take the United States as an example. Before 1990, it was still based on practical

"In addition, foreign exchange reserves and US dollars owned are two different concepts. Foreign exchange reserves belong to the national bank and are the country's money, not in private hands." Soros explained again.

"If you throw 1 billion U.S. dollars into it, 50 times it, you can have an effect of 50 billion U.S. dollars."

Before that, Wall Street was just a foil and white glove for those big guys in the real economy.

"Keep talking." Sean raised his hand, his expression unchanged. Soros was still under a lot of pressure.

"Sounds good, but..." Sean frowned and looked at Soros, "Then what does this have to do with you not taking my 10 billion?"

"It doesn't matter a small amount of selling. Once the volume exceeds the red line of the financial market, it will inevitably cause their currency to plummet. In order to save their own currency, they can only use US dollars to purchase their own currency to ensure the balance of the market. However, how much do their central banks have in their hands?"

What about dollars?"

"Do you know how many countries there are in the world with foreign exchange reserves exceeding US$10 billion?" Sean replied with some guilt: "50? It can't be less, right?"

This does not include the money that has evaporated invisible after the currency depreciated. Then

It's an astronomical figure, but the money didn't fall into anyone's pocket, it just evaporated.

"Wait, okay, wait, we have to do it step by step. We will wait until we apply it to the British. However, the British cannot bear such a large amount..." Soros burst into tears and burst into tears.

His eyes were full of sadness, "If we make a move, Wall Street will definitely follow suit. We can't go it alone. How can we get so many shares?"

"You don't need so much!" Soros stiffened and said bitterly: "Take the UK as an example. Their financial industry is very developed, but the UK's foreign exchange reserves are only US$44 billion."

"At this time, we will repay the debt with US dollars according to the market exchange ratio, and the rest is our Lilan."

This money is not all his, it is the income of the entire Quantum Fund.

Uh... Sean scratched his head, really.

"As long as we sell hard enough and consume all the dollars in their hands, the result will be, wow!" Soros made a downward gesture and said excitedly: "They can only give up their national currency and let it fall.

.”

"Besides, what's the use of their own national currency? The richest people in their country usually use U.S. dollars!"

"Why do you have to go to those big banks?" Sean didn't understand, so he asked.

Well, Sean let out a depressed breath. He really hadn't paid attention to these data. They were all stereotypes. The problem was that these impressions came from decades later. At that time, the foreign exchange reserves in the north were more than 3 trillion US dollars, which was more than 3 trillion US dollars.

Now all countries in the world except the United States have more foreign exchange reserves combined.

It was as if all the energy and spirit in the whole body had been sucked away by Sean, the monster, and he was exhausted physically and mentally! Sean rolled his eyes and was too lazy to pay attention to this guy. What kind of financial tycoon is he? Damn! I can't even eat 3 billion. It's simply

It’s just small shrimps, disgusting!

After gasping for air for a while, Soros stood up tremblingly. The 61-year-old man had been tortured too hard by Sean. When he walked out of the villa and was basked in the warm sunshine of the Aegean Sea, Soros shivered and felt quite good.

Clear away the clouds and see the sun, feeling like you are reborn again.

"Yes, but we don't need so much money!" Soros looked dumbfounded, "My dearest and most respected gentleman, the plates of these small countries are too small. Do you know how big a storm 10 billion entering the financial market will cause?

That’s where the minimum leverage is 20 times, but in fact even the most conservative operators will not use less than 50 times leverage, and aggressive ones will use 200 times leverage.”

It was not until 1995 that the high value-added economy began to be hollowed out, focusing on high technology and finance, and Wall Street became an important force that dominates the United States.

So, are people in the north too wary of danger, or are Europeans just bragging? In fact, it's neither...

It's because the plate in the north is too big. It's a giant. 21% of the world's population can crush these small European countries to death with just a slight movement.

Sean only knew that Soros was successful in his last life. In this life, because he stood higher, saw more, found the cause of the problem, and disliked the British, he was ready to make some money on the way, but he

I have no idea how Soros actually operates.

You are a developed European country, you told me that the total foreign exchange reserves are less than 2 billion? Bah, disgusting!

He has been eating sand in Saudi Arabia for more than a month. He has worked hard for so long for the happiness of the YLK people, the happiness of the Arabs, the happiness of the Israelis, and the happiness of the American people. He needs to relax, right?

As for the situation at YLK, he was prepared to take command via remote control and fly over if necessary.

On the other side, Soros did not delay any longer in Athens and got on his private plane directly back to New York. Although he was exhausted physically and mentally from Sean's torture, it cannot be said that there was no gain.

At least, I feel confident!

With Rockefeller in charge, he is not afraid of the European countries retaliating against him again! His back is getting tougher!

I, Solo, have a profound background!

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