I Am a Nobleman in England

When the veil of wealth was finally lifted, the world was surprised to find that the wrinkles of debt had already covered the woman's face densely.

At that time, the financial crisis was raging, and governments around the world adopted stimulus plans to save the economy, but the side effects of the stimulus policies were also very obvious—increasing anti-recession expenditures, social security expenditures, and sharply reduced water revenues under the background of the downturn forced governments to live beyond their means. .

Finally, grass snakes stalked the line and gray spread thousands of miles. With the spread and deepening of the subprime mortgage crisis, a financial tsunami that started on Wall Street eventually acted as a catalyst to accelerate the formation of another storm on the other side of the Atlantic, the European debt crisis.

Greece, which was thought to be calm, unexpectedly uncovered the tip of the iceberg of the European debt crisis.

Greece's 2009 fiscal deficit and public debt are expected to account for 12.7% and 113% of GDP respectively, far exceeding the ceilings of 3% and 60% stipulated in the EU Stability and Growth Pact. caused strong market concern. . .

Three days have passed since the last time I discussed with Angela and Smith Jama in the office about shorting the euro, taking advantage of the wind of the European debt crisis, and preparing to make a fortune.

During these three days, apart from comprehending life and searching for the truth of life with Emily, whom no man would not love, Arthur spent the rest of the time squatting in the office of the investment company, holding meetings to formulate more detailed plans, listening to constant All kinds of news gathered together are waiting for the three major rating agencies to add insult to injury to Greece.

From the continuously collected data, Arthur has a better understanding of the European debt crisis. At present, the average fiscal deficit in the euro zone accounts for 6.3% of GDP. However, the situation is more serious than that of Greece in Portugal, Italy, and Ireland.

However, many member states have very loose financial discipline. With the increasing member states, the economic development level in the euro zone has begun to diverge, and the difference between the north and south member states is the most obvious.

In the context of the continuous appreciation of the euro and the transfer of global manufacturing to emerging markets, the export competitiveness of southern European member states represented by Greece and Spain has been continuously weakened. On the other hand, since joining the euro zone, most southern European member states have been forced Due to domestic pressure, the level of social welfare is still raised in the case of sluggish economic development, resulting in rising labor costs, further weakening competitiveness, and gradually being marginalized in the entire euro zone.

The laziness of people in some countries has reached an outrageous level! Basking in the sun all day, complaining after working for only a few hours, taking vacations and traveling at every turn, Gao Fuli has raised a large number of lazy people, as for hard work and hard work, what is that?

For example, in Belgium, a child only needs to be born by the mother, and the government takes care of everything else. You can apply to the government for maternity benefits in the sixth month of pregnancy. For the first child, you can apply for more than 1,000 euros. If you are twins, you can apply for two. . .

According to relevant policies, each child can receive a sum of milk money from the ZF every month when they are young, and a certain amount of child support will be paid every month from birth to monthly. If you are still studying or have no job after the age of 18, you can still receive alimony from the ZF until the age of 25 as long as you submit relevant certification materials every year. The problem is that primary and secondary schools in Belgium are completely free. Not only that, each student can also get a school allowance from the government every month through application.

This is why you can see from the news that some people in Europe do not work and live a wealthy life just by having children!

Can you imagine that many people in Belgium not only do not feel depressed after losing their jobs, but also feel secretly happy?

Because for the unemployed,

Belgium generally provides unemployment benefits of 500 to 600 euros per month, and the unemployed with a university degree or above will receive higher unemployment benefits. Retiring at the age of 65, you can receive 800 euros per month. If you pay retirement insurance while working, well, then you will make a lot of money, and a large pension will be sent to your hands. . .

It can be said that in a welfare country like Belgium, its high welfare system covers a person's life, old age, sickness and death, and people basically have no worries, so most of them are "paying money" and almost spend a little of their monthly income. Not left.

To be honest, under this kind of high welfare, no one would work hard to eat goods. On this point, Arthur can fully understand. To be honest, no one would be willing to work if they had food, clothing, and money to spend.

Therefore, it is a joke that these countries are not bankrupt!

After all, high welfare is based on high income. If there is no high income, high welfare will become a castle in the air. However, high water income directly leads to the exodus of the rich and capital.

Insufficient capital has led to sluggish economic growth and serious unemployment of workers, which has led to more demand for social welfare. As a result, the ZF has to increase tax revenue to support welfare expenditures. The high tax rate further frightened the capital to flee, and so repeatedly, the economies of these countries fell into a vicious circle that was difficult to control.

"... So, the most negative result of high welfare in Europe is on the spiritual level, depriving people of their fighting spirit and depressing their will."

Arthur put down the information in his hand, raised the corner of his mouth, and mocked with a sneer on his face, he would not feel any more guilty about the plan of shorting the euro and taking advantage of the fire.

At this time, the meeting room was completely silent, and everyone was speechless to complain about their young boss. After all, Britain is also a country with high welfare, and it also raises a large group of lazy people.

"How are the funds prepared?"

Arthur didn't say anything more about the lack of response from his subordinates, and he didn't continue to dwell on this topic. Instead, he looked at Smith Jama on the left and asked.

"After selling all the London gold at a price of US$1,200 per ounce, we obtained more than US$186 million in funds, and with the investment company's 10 million pounds, we could obtain US$200 million in funds. "

Although he knew for a long time that the London Gold made him a lot of money, Arthur couldn't help being happy when he heard the specific figures, and the smile on his face became very bright, "Isn't it almost 200 million dollars? "

"Enough, boss, how much leverage do you want to use this time?" Smith Jama asked the question he was most concerned about.

Because of high leverage, even an advantage of foreign exchange investment is also a disadvantage of foreign exchange investment. Because of the relatively high leverage, investors can control more funds with less money. At the same time, because of high leverage, investors need to bear more transaction risks. High leverage is a double-edged sword, which can not only increase profits but also increased risk.

Especially when the investor's funds are not so abundant, if the stop loss is not set, the excessive leverage will cause the investor to liquidate the position in an instant amid market fluctuations.

"..." Arthur was a little confused. He knew that the three major rating agencies would definitely downgrade Greece's credit rating. At that time, the European debt crisis would definitely start to erupt and spread, and the euro would inevitably be dragged down and depreciate. However, he also had to consider the risk of high leverage.

Times or 100 times?

How to choose, this is indeed a problem, but for the timid and the bold, Arthur's eyes flashed, and when he was about to make a decision, Angela, who was sitting on the right, spoke first.

"How much leverage to use, I think it needs to be decided so early. Before shorting the euro, we still need to judge the exchange rate trend of the euro against the dollar through technical indicator analysis and fundamental analysis. Use big data to speak!"

Arthur frowned slightly, nodded and agreed with Angela's statement. It wasn't that he didn't believe in himself, but that two hundred million dollars was involved. I can't remember when the three major rating agencies made the downgrade.

As for foreign exchange speculation, although Arthur has already left the stage of financial novice, he doesn't know much about foreign exchange speculation.

"Actually, there is no difference between the foreign exchange market and the futures market. Suppose that if we predict that the exchange rate may rise, then we should exchange the US dollar for the euro. If the exchange rate is 1.0100 at this time, we do a long transaction of 1 lot, that is, use 1010 US dollars .When the price rises to 1.0101, we sell EURUSD and close the position, then we earn 1 pip at this time, which is 10 US dollars.

If the exchange rate falls, then we can borrow euros from dealers on margin. If we find that the exchange rate is 1.0100 at this time, then we also do a sell transaction of 1 lot. Borrow euros from dealers by way of margin. When the exchange rate drops to a certain level, we buy euros and return them to dealers. We gain 1 pip from it and earn 10 dollars. "

Smith Jama began to introduce Arthur in the simplest and most understandable way.

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