Rebirth of the Financial Overlord

Chapter 294 Breaking down Finland

London, England.

At two o'clock in the morning, in a flat near Canary Wharf, William and two girls from St Mary's Secondary School played a game of three-handed poker.

The two girls are not very old, both around the age of sixteen, one with blond hair and blue eyes, and the other with black hair and brown eyes. The blond girl is tall and tall, while the girl with black hair and brown eyes feels a little thin. However, if you only look at the growth of their bodies, it is hard to imagine that they are 16-year-old girls, and they are no worse than 20-year-old girls in Asia.

God knows why these guys stay up late in the middle of the night.

Maybe it's because the weather is too hot.

William held a pair of Aces and played with them for a long time, but he didn't know what to do. Susan's girl held a bunch of Qs, and looked at William with green eyes, all set and charming. Mary with brown eyes Interesting, clasping the ten in his hand, watching the two people's reactions back and forth.

Finally, the girl named Mary hit the ten in her hand, and the little girl Susan was not to be outdone, she hit a bunch of Qs straight down, William shook his teeth severely, and hit a pair of aces.

A is the biggest, and both of them will be sorry.

Seizing the opportunity immediately, William unleashed a series of killer moves.

spring!

ding ding ding——

The ear-piercing phone suddenly rang beside the bed, and it was extremely ear-piercing in the middle of the night.

Just after winning a game, William was in an excited mood, but when he was suddenly interrupted, he became very upset.

But the phone, as if it was specifically against him, kept ringing incessantly, so he had to wink at Mary and Susan, and grabbed the phone in his hand.

"William. What are you doing?"

"throat"

"William, are you constipated?"

A sentence of constipation almost made William really constipated, he gritted his teeth.

"Boss. Do you know that you are really an asshole. Come on, it's two o'clock, don't you need to sleep?"

"I'm so sorry, look at me, I forgot the time difference."

What William could say, he couldn't say anything. He could only suffer in silence with such an asshole boss.

Happiness is always built on the suffering of others.

With a backhand slap on Susan's waist, seeing the pain and sorrow on Susan's still immature face and eyes, William felt a lot more comfortable.

"BOOS. It's so late, you disturb people's good things, you don't want to chat with me, do you. I will curse you."

"You have also seen the summary report from the Nordic side, what do you think?"

The five Nordic countries, Denmark, Norway, Sweden, Finland and Iceland.

Due to their geographical location, the historical backgrounds of the five countries are closely connected, and their lifestyles, religions, social and political systems are also similar. Politically, though not a community, all participate in the Nordic Council, the pan-Scandinavian movement that attempted to unite Denmark, Norway, and Sweden into a single state in the 19th century.

With the independence of Finland in the early 20th century and Iceland in the middle of the 20th century, this movement expanded to create the modern Nordic Cooperation Organization, which includes the Nordic Council

In 1985, the influence of the modern financial market on the economy was increasing, and the five Nordic countries began to implement financial system reforms, abolishing credit restrictions on financial institutions, in order to increase the degree of financial liberalization. But negative real interest rates, high inflation expectations and tax deductibility of mortgage interest have spurred loan demand from businesses and individuals.

Capital determines the price, and the price determines the relationship between supply and demand.

The fierce competition in the banking industry has caused a large amount of bank capital to be invested in the real estate and stock market. With the capital injection, the rise in asset prices has caused the increase in residents' net profit and wealth, and the rise in collateral has further stimulated credit expansion.

In 1989, Swedish real estate prices increased by 50% compared with 1985, and the stock index tripled. Finnish real estate prices also rose by 70% year-on-year, and the stock index nearly tripled.

Then there is no more.

The disintegration of the Soviet Union, like a depth bomb, exposed the dependence of Finland and Sweden on the Soviet market at once.

You know, the Soviet market accounted for 30 percent of Finland's exports.

In less than three months, the Finnish real estate market collapsed, with a drop of more than 30%, and the stock market also crashed, with a drop of 40%.

William was favored by Shen Jiannan because he was very talented and good at learning. From Asia to Europe, under the guidance of Shen Jiannan, who is so aggressive, he is no longer the street gangster he used to be.

He patted Susan, and waited for Mary to change, he said excitedly.

"BOOS. You mean, you can short the Finnmark and the Swedish Krona?"

Holding the phone between his hands, Shen Jiannan showed a look of relief. He was able to think of his own thoughts in such a short time. The current William, thrown on Wall Street, is probably regarded as an elite.

"William, I'm glad you figured that out, but just be short the mark, not the Swedish krona."

"Why? The housing prices in Sweden have collapsed, and the stock market has also plummeted a lot. We have made a lot of profits from our short positions in OMXSPI. It is much more convenient to short the krona."

OMXSPI stands for Swedish Stock Price Index.

Shen Jiannan was greatly surprised. Although he has been delegating power to William and allowing him to use 20% of the funds, William has always followed his instructions to establish all positions.

This made Shen Jiannan feel worried all the time. A soldier who can only obey orders cannot be a general. As the main trader in Europe, with the expansion rate of Capital One, William will probably not be able to take up his current position soon. At that time, he will have to hunt for more suitable candidates from Wall Street or Europe.

but now

"William, when did you establish the OMXSPI position, yes."

"Haha. It was built last month. I saw that the short trend of OMXSPI could not be stopped, so I built a position of 5 million U.S. dollars, and the floating profit in the afternoon was about 13 million U.S. dollars."

"You've performed well. I'll treat you as if you hang out with Carrot Head every day, and you'll learn how to drill holes where there are holes. That's fine!"

"Thank you boss for the compliment. Then should we close the short position of OMXSPI now and close the short position of krona?"

"That's fine with Krona. The Swedes never want a Bilian, and Sweden's industry is also the strongest among the five Nordic countries, so we can target Finland."

"Then we open a $20 million position?"

"How much money do we have at our disposal now?"

"It's only about $100 million."

"Then why not build $100 million?"

"."

William was frightened for a while and didn't know what to say. Shen Jiannan taught him that the risk is always the highest in speculation, and no one is sure what will happen.

The best way is to be like a wolf, biting a bone to test it. When the taste of the meat is detected, there is a profit, and the profit is used to obtain greater profit, which is the way of speculation.

However, there is still nothing in the Finnish market, and if you directly establish a position of 100 million US dollars, that is equivalent to Stud.

"Boss, are you sure that Finland's economy has never been weaker than Hong Kong's. If the Bank of Finland intervenes in the market, we don't guarantee that we will be able to make a profit."

Logically and factually, William was right.

A central bank of a country represents a country, and God knows how terrifying it will be to intervene in the market with the strength of a country.

Why is Jones Hedge Fund the number one hedge fund in the world?

It is to arbitrage different markets, avoid risks, and then obtain profits, but even if the Jones Fund manages 12 billion US dollars, it has never dared to short-sell a country's currency.

This is challenging the bottom line of a country.

After William finished speaking, Shen Jiannan couldn't help raising his eyebrows.

Puff puff--

Soft footsteps suddenly came from the direction of the bedroom. Yulia, who was wearing light white silk pajamas, walked to the living room with burgundy face rubbing her sleepy eyes and stepping on slippers.

Before Shen Jiannan greeted her, she wrapped her arms around Shen Jiannan's neck, curled up in his arms and closed her eyes, like a sleepwalking or a bird returning to its nest.

A steady breath came, and the warm breath was in the chest. The smoothness of the silk pajamas mixed with softness and warmth made people feel very comfortable.

Shen Jiannan couldn't laugh or cry, he didn't even know whether Yulia had woken up or not.

Reluctantly stopping the beautiful woman in his arms, Shen Jiannan resumed his conversation with William after making sure that Yulia would not fall.

"William, do you know what a trend is?"

"."

"Facts and logic are the foundation of trend promotion, but they are still no match for emotions. As long as someone makes a move, some people will follow."

"As the second largest importer of the Soviet Union, Finland's manufacturing industry is indeed very strong, but that is in the past. Now Finland is just a chicken and a dog, dying of a disease. If we don't take advantage of his illness to kill him, what are we doing? Speculation."

"But the Bank of Finland has eighty Deutsche marks in reserve."

“That’s right, if they have no money, what’s the point of us going short, if the Bank of Finland intervenes, we will destroy the Bank of Finland.”

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like