Hollywood starts with a broker

By the time Aaron took Jennifer Connelly to the Venice Film Festival in Italy;

Sparks finally ignited in the European foreign exchange market.

The earliest reaction to the German mark's interest rate hike came from the Finnish mark, which was automatically linked to the German mark.

Previously, after Germany raised interest rates, Finns rushed to exchange their Finnish marks for German marks.

However, as September arrived, the exchange rate of the Finnish mark against the German mark continued to fall.

The Finnish central bank had to sell German marks and buy Finnish marks to maintain the parity!

But the fall of the Finnish mark did not stop, and the Finnish central bank's German mark reserves were limited.

Soon, the Finnish government suddenly announced the decoupling of the Finnish mark from the German mark, allowing it to float freely.

When the decoupling of the Finnish mark and the German mark became a reality, the high-level officials of governments led by Britain, France, and Italy deeply felt the seriousness of the problem.

They jointly suggested to the German government again to lower interest rates, but the German side believed that the Finnish mark's decoupling was insignificant and rejected the suggestions of the British and French governments!

Venice, at a party for "Scent of a Woman", Al Pacino, Matt Damon, and other cast members were enjoying the banquet;

At this moment, Aaron was in his hotel room watching the television news.

In a large bathtub, Aaron lay watching the economic news on the screen.

Soon, the sexy and beautiful Jennifer Connelly emerged from the water, snuggling into Aaron's arms and kissing him.

Her 34D figure pressed tightly against the man's chest!

"What are you watching, darling?" Jennifer Connelly wrapped her arms around the man's neck, her tone intimate.

Aaron smiled, first kissing the woman in his arms, then caressing her softness, "Look, the Italian lira is in trouble, the exchange rate is falling all the way, and has already fallen to the maximum lower limit of the lira-to-mark exchange rate in the European Monetary System exchange rate mechanism!"

Even though Italy had raised the bank discount rate twice in the past two days and sold marks and francs in the foreign exchange market, it was to no avail.

Jennifer Connelly rubbed against the man, "In the European Monetary System, the Italian lira is a soft currency anyway;"

"Moreover, the economies of Britain, France, and Italy have not been good in recent years!"

Aaron leaned against the bathtub, closed his eyes, enjoying Jennifer Connelly's initiative while pondering the sterling crisis, which seemed not far away.

The next day, the Italian government had to announce the devaluation of the lira, lowering its parity by 3.5%, while the other 10 currencies of the European Monetary System would appreciate by 3.5%.

This was also the first adjustment of the parity of the European Monetary System since January 12, 1987.

Following Italy's proactive announcement of devaluation, the German government made a slight concession to maintain the operation of the European Monetary System.

On the second day of the Italian lira's devaluation, the German government officially announced a reduction in the discount rate by half a percentage point, from 8.75% to 8.25%, the first interest rate cut in Germany in five years.

......

The "Scent of a Woman" crew mainly engaged in promotional activities at the Venice Film Festival, and Al Pacino was very busy.

After participating in the promotional activities in Venice, he left Italy and returned to the United States.

As for Aaron, he stayed in Italy, only to focus on the European foreign exchange crisis!

Sure enough, on the second day of the German interest rate cut, international speculators led by Quantum Fund began to attack the pound.

With a large number of sell orders, the exchange rate of the pound fell all the way, and the parity between the pound and the mark broke through three lines of defense, reaching 1 pound equal to 2.78 marks.

The pound's sharp fall also threw the British government into disarray.

On the morning of the third day, it announced an increase in the bank interest rate by 2 percentage points, and a few hours later, it announced another increase of 3 percentage points, raising the interest rate from 10% to 15%.

Raising interest rates twice a day is unprecedented in modern British history.

The purpose of this unusual move by the United Kingdom was to attract short-term foreign capital inflows, increase the demand for the pound, and stabilize the exchange rate of the pound!

However, to no avail, the parity between the pound and the mark fell from 1 pound equal to 2.78 marks to 1 pound equal to 2.64 marks on the same day.

The exchange rate of the pound against the US dollar also fell from the previous 1 pound to 2.08 US dollars to the current 1 pound to 1.73 US dollars!

In the evening, the British Chancellor of the Exchequer announced that Britain would withdraw from the European Monetary System and lower the interest rate by 3 percentage points, and soon after lowered the interest rate by another 2 percentage points, restoring it to the original level of 10%.

At this time, the Italian lira also encountered a crisis again, and the parity of the German mark against the Italian lira once again exceeded the lower limit of the readjusted exchange rate!

In order to save the falling lira, the Italian government spent 40 trillion lire worth of foreign exchange reserves, but it did not work, so it had to announce the lira's withdrawal from the European Monetary System, allowing it to float freely.

Soon, after holding an emergency meeting, the financial officials of the European Community announced that they agreed that Britain and Italy would temporarily withdraw from the European Monetary System, and the Spanish peseta devalued by 5%!

"Mmm," at the closing ceremony banquet of the Venice Film Festival, Aaron hugged Jennifer Connelly and kissed her passionately in the bathroom.

"You've been in a good mood these days!"

Jennifer Connelly, half-undressed, sat on the sink, hugging the man's head tightly.

Aaron smiled, "Of course I'm happy, I shorted the pound on the foreign exchange in New York."

With Jennifer Connelly's cry, she leaned into the man's arms, "Um, let's go back to the room."

Saying that, Jennifer Connelly got off the sink and squatted in front of Aaron...

One mistake, one song, one hair, one inside, one appearance, one is, one look!

I don't know how long after, Aaron left the bathroom first, preparing to return to the banquet hall.

But in the corridor, he accidentally bumped into a sexy woman in a red evening dress, with a Latin American appearance and skin!

"I'm sorry, are you okay?" Aaron deliberately helped her up, feeling that she was somewhat similar to Salma Hayek.

"Ah, I'm fine! Thank you."

The woman stared at Aaron, somewhat incredulous.

"I remember, you are the heroine in that Spanish film 'Jamón, Jamón'? Called..."

"I'm Penélope Cruz, from Spain, Mr. Anderson!"

Penélope Cruz, who was just 18 years old this year, seemed to recognize Aaron Anderson.

"Jamón, Jamón" is a Spanish erotic film, and Penélope Cruz has a bold performance in it;

The sexy, beautiful, and fiery Penélope Cruz dared to do so in her first film, "Jamón, Jamón"!

"Jamón, Jamón" is directed by Bigas Luna, starring Penélope Cruz, Javier Bardem, etc., telling the complex and chaotic love relationship between two generations of three couples;

It was nominated for the Golden Lion Award for Best Film!

Aaron and Jennifer Connelly had watched it together in the theater.