Rebirth of the Financial Overlord
Chapter 662 They Promised To Give Us One Billion Dollars
Shen Jiannan's wild laughter made William dumbfounded.
In the two decades since the establishment of the Bretton Woods monetary system to the end now, although the currencies of various countries have undergone violent turmoil, no matter how they fluctuate, there will be a certain amount of room for depreciation.
Often, even the worst economic forecasts don't move currencies more than ten percent.
Just like the depreciation of currencies in European countries such as Italy, Spain, Finland, etc., it is already the biggest impact that international speculative institutions and Zerg can have on a country's currency system.
After all, what currency represents in the foreign exchange market is a country's sovereign reputation, and what it represents is a country's comprehensive economic strength and influence.
As long as the country exists and the government exists, the country's currency has legal purchasing power.
Depreciation, after all, there is a certain space.
It's like a pair of leather shoes, no matter how bad the economy is, no one buys it for a hundred yuan, no one buys it for eighty yuan, and no one buys it for fifty yuan, but if the price is reduced to thirty, twenty, and there are special discounts, there will be many people to buy.
Or, like stocks.
As long as there is no possibility of delisting a stock, everyone knows that there will be some room for decline.
A large part of the reason for the infinite depreciation of the ruble in Eastern Europe is because the country is divided, and the former country is gone.
As the old saying goes, both prosperity and death are bitter.
But although the country is broken, it means that all the wealth will be turned into ashes, and it will be precarious.
In the divided Eastern Europe, the political system is still unstable, there are constant conflicts and frictions among each other, internal chaos, even the political situation is unstable, the economic situation and financial system are of course completely for display.
Therefore, the currencies of these countries will continue to depreciate in order to find the final recognition of the market.
But Turkey is different.
In any case, Turkey is the former overlord of the Mediterranean and the strongest country today.
Although it is no longer the glory of the Ottoman Empire, it can firmly occupy Istanbul where the three points of Asia, Europe and Africa meet, influence the entire Mediterranean, and control the economic and transportation arteries of Asia, Europe and Africa, and its strength is still very strong.
In such a Turkey, the depreciation of the lira from 1700 to now is already ruthless enough, and it is possible that it can depreciate into waste paper.
It's not ten thousand, is it one hundred thousand?
What is the difference between that and waste paper?
William's throat squirmed uncontrollably several times, and sometimes he always felt that his boss was crazy.
Shen Jiannan ignored William's shock, patted William on the shoulder, walked to the map, and scanned the entire Middle East from the Mediterranean Sea.
"William, you have to learn to look at the economy in a different dimension."
different dimensions?
William was very puzzled.
"Do you think that God cares about the life and death of servants?"
god?
William was at a loss for a long time, and suddenly shivered shiveringly.
Over Turkey, a Sukhoi Super 100 airliner steadily emerged from the clouds. Through the portholes, one can see the sea of Marmara quietly surrounded by thousands of lights.
Turkey, with an annual GDP growth rate of up to 9.9%, was considered one of the fastest growing economies by many countries not long ago.
Walking out of the airport, a thick and textured ancient city intertwined with Eastern and Western civilizations is presented in front of you. The Mediterranean Sea and the Black Sea are connected here, and the Eurasian continents meet here. The dust of history accumulates here, and the lead of the years still remains.
The Roman Empire, the Byzantine Empire, and the Ottoman Empire have all left their mark on this land.
As it straddles Europe and Asia, Turkey has become a link between Eastern and Western civilizations, and Istanbul is the only city in the world that spans two continents.
Beginning in the evening, fashionable young people walk through the nightclubs like crucian carp crossing the river; during the day, tourists from all over the world fill the almost ubiquitous places of interest throughout the city.
The unique Hagia Sophia is a must-see.
One of the earliest churches in the world is a great building in the Byzantine period, but the soul-stirring changes it has undergone in the struggle of the empire are simply a brief history of civilization.
It used to be the headquarters of the Greek Orthodox Church at that time, but six towering minarets were added, and a small gate was opened in the direction of Mecca.
Today her identity is the Santa Sofia Museum.
When the team just landed from the plane, Peng San's heart was agitated, his face was reddish, and there was an indescribable excitement and excitement.
Although Shen Zhi had already given him a guarantee to recognize his contribution to the country, but being able to be with the mission, the feeling of being recognized and remembered, possibly recorded in history, and the country's sense of identity for himself is completely out of reach. Compared with private communication.
Especially when I thought of telling my parents, relatives and friends that I was going on an envoy on behalf of the country, the kind of blood boil could burn my whole body.
But after getting off the plane at the airport and following Shen Zhi and the embassy tour guide to visit various scenic spots in Istanbul for half a day, the flame in Peng San's heart was extinguished little by little.
It's going around here and there, it's like going out on a green trip, when will I be able to go home and pretend to be aggressive.
There are still so many things waiting for him in Hong Kong.
"Ju Shen. Why are you in no hurry? We have already delayed for so long. If we continue to delay, when will it be the end."
Sofia Museum entrance.
Peng San no longer had the excitement he had when he got off the plane, and his face was restless and impatient, like a young and Dangerous boy who was carrying a big watermelon knife and wanted to chop someone up.
Harmful!
Although this guy was originally a young and Dangerous boy.
Shen Zhi didn't look anxious at all, seeing Peng San's emotional and psychological changes, he even wanted to secretly laugh.
I still remember that when I was at this age, I seemed to be the same as Peng San.
I can't hold my breath.
This guy is so much like himself back then.
"Xiao Peng. You said that I finally came out of the country and didn't take a good look around. Is it worth the cost of this trip?"
"You think I'm stupid, don't you?"
"no."
"Then you still say."
"I just think you're stupid."
"."
"Think about it, who should be anxious now? We are in a hurry to deliver it to the door at this time, and they still treat it as the Chinese cabbage we gave to Zhu Gong."
Huh!
This is the truth.
Come to your door to pretend to be aggressive, and wait for someone to come to your door to pretend to be aggressive.
It seems that the latter is indeed more cool!
"Ju Shen. You mean, let's spend their money, pick up their girls, eat their food, and wait for them to call daddy?"
"I didn't say that, so don't talk nonsense."
"I understand, I understand everything."
"."
Central Bank of Turkey, Office of the Governor.
Engel Altan Kadi looked at the materials handed over by his subordinates with a terribly gloomy face.
In one day, the lira depreciated from 1700 to 5600.
This means that in just one day, one-third of the wealth of Turkey's 80 million people was evaporated, and the rest was snatched away by those damn currency speculators.
To make matters worse, due to the sudden and rapid depreciation of the lira, domestic steel products and metal products such as electromechanical and machinery have more than doubled or even tripled in a single day. Factories had to be shut down.
"President. What should we do now?"
Secretary Carlo looked frustrated and terrified. In a normal country, there has never been a country whose currency has fallen so much in a single day.
Such a horrific depreciation will soon spread the inflation to all walks of life. If the exchange rate cannot be stabilized as soon as possible, the rich and the poor will try their best to exchange their money into U.S. dollars and other Currency of the country, departing from Turkey.
This situation is a great disaster for any country.
what to do?
I also want to know what to do.
Engel Altan Kadi was suffering from a splitting headache. Back then, he proposed to implement the free exchange rate of the currency because the foreign exchange reserves of the Central Bank of Turkey were pitifully small, only 5 billion US dollars.
In order to avoid being impacted and affected by the strong Soviet ruble, it had to change from a fixed exchange rate to a free exchange rate.
Unexpectedly, the free exchange rate has brought such a heavy price.
"You go to hold a press conference and stabilize the people first. No matter what method you use, you must stop those untouchables from going to the bank to exchange money. I need to go back to Ankara to hold an emergency meeting."
Carlo was dumbfounded.
He was just a secretary to entrust such a big matter to him.
"What should I say?"
"Idiot, do you still need me to teach you? I don't care if you use coaxing or deceiving, you must guarantee me that there will be no runs on the major banks. Before I come back, I don't want to hear news of bank runs. Do you understand? ?”
"I understand! Then shall we intervene in the price of the foreign exchange market?"
This sentence immediately stimulated Engel Altan Kadi to jump up, and he was so annoyed that he smashed the information in his hand on Carlo's face.
"You idiot. How can we intervene? Can't you see that the goddamn Yankees and the goddamn Soviets are doing the tricks? The Bank of England can't resist it. Why don't we keep the little money? ?”
Engel Altan Kadi's reaction was not to be described as unpleasant.
But there is a famous saying in the capital market that the market's response is always faster than the execution of decisions and news.
Ankara Bank.
A team of hundreds of people blocked the entrance of the bank.
Many businessmen in suits and leather shoes were standing at the door with passbooks, their faces were full of anxiety and embarrassment, and they looked panic-stricken, as if they were being urged by the devil.
Due to the large flow of people, the normal traffic order has been affected. Many passers-by were curious and asked why these people lined up.
"God. Don't you know? Shen, he has predicted before that Lila will usher in a disaster and fall into the doomsday."
"Shen? Who is he?"
A child following the adults interjected: "God, you don't even know him. He is a demon from the East, with three heads, six arms, and a pair of fangs as long as sawtooth. He specializes in eating people's pockets." money in it."
"What?"
"Ford, don't talk nonsense."
"."
"Hassan, are you at home? Quickly take our bank card to the commercial bank, I will wait for you here. Shen Jiannan predicted not long ago that the lira would be doomed, and now it has come true, we must take our money away as soon as possible. He is A holy man like a prophet who can predict the future. Don't ask, we are running out of time."
"Saka, what are you doing in line here? The bank is holding an event today?"
"Damn activity. Sarkas, my good friend, listen to me, our money is going to be devalued, and if you don't want your money to become a piece of paper, you'd better convert it into dollars as soon as possible."
"What are you talking about? It's impossible. How could our money be turned into waste paper? Just now, I bought a lot of potatoes."
"That's now, don't you see these people are waiting to exchange money?"
"."
By the time Engel Altan Kadi returned to Ankara, news of the depreciation of the lira was spreading in every corner of the city.
Fortunately, the presidential palace made a decision quickly enough to cut off media reports in the fastest possible time, so that all news could not be passed on to the public, and only spread in a small area.
But everyone knows that this kind of news cannot be suppressed for a long time.
"Kady, what are you idiots doing? Do you know that Diyarbakir and Trabzon's equipment development and investment are related to our control of the Black Sea domain and the future of the empire's honor?"
Engel Altan Kadi hurried to the presidential palace as soon as he got off the plane, but as soon as he stepped into the door of the meeting room, Minister of Defense Mir Zaoru immediately scolded him angrily.
In order to strengthen the national armament construction, the military invested a lot of manpower and material resources to buy advanced weapons and equipment from the United States for research and development, and finally achieved certain results.
Therefore, the arsenals in Diyarbakir and Trabzon have started construction and production.
However, just as the factory building cost a lot of money to build, the prices of supplies from the military, several local steel trading companies and copper companies suddenly skyrocketed by three to five times.
The explanation given by the suppliers was that they had to do so because of the depreciation of the lira.
Mir Zaoru received the report from below, and was so suffocated that he had nowhere to send it.
Mechanical and electrical products, mineral products and base metals and their products account for 60 percent of Turkey's import share.
Simply put, it is the metal mining industry, and these resources can only be imported from Turkey.
The lira has suddenly lost thousands of basis points, and those damned suppliers are stockpiling their goods for sale.
If they were domestic residents, Mir Zaulu would have killed them long ago, but he has nothing to do with these miners and steel trading companies.
Behind these guys are all multinational mining companies, including DuPont, Rockefeller, and Mellon. He can't afford to mess with them.
As soon as he came back, he was scolded by Mir Zaulu indiscriminately. Engel Altan Kadi couldn't hold back. He wanted to fight back with a gloomy face, but due to the usual strength of the military, he had no choice but to set his sights on Prime Minister Yilmaz.
At this moment, the Undersecretary of Foreign Affairs Mehmet Fuad Koprulu rushed in from the door with a happy face.
"Haha. Those idiots from Huaxia came here just now, and they promised to pay us a billion-dollar deposit to pass through Istanbul."
"."
"."
"."
—————
———————————
Please subscribe, old irons.
This book is so popular that the author is forced to open a new book.
Can support genuine or please support it!
Now subscribe to a chapter of 4000 words is 286 subscriptions.
286*0.035=10.01 yuan.
Ga.
Book friends who read pirated editions, let's make up a subscription and give the author some dry food to continue to persist.
You'll Also Like
-
Time Space: The Rough Man’s Sick Beauty Turned Wild
Chapter 1150 22 hours ago -
My cultivation increased my power ten thousand times, and I became the nightmare of all races!
Chapter 1099 1 days ago -
Unlimited additional gold items for each type of soldier, what's wrong with being invincible?
Chapter 127 1 days ago -
The villain's younger brother: Start by deceiving the sister-in-law
Chapter 164 1 days ago -
Naruto from the beginning six eyes to cultivate Lin
Chapter 212 1 days ago -
Fantasy, I suddenly realized the chaos body
Chapter 1440 1 days ago -
You are as rustic as the wind and as beautiful as the flowers
Chapter 304 1 days ago -
Ancestor, stop being stubborn, the universe is going to disappear.
Chapter 782 1 days ago -
The start was really bankrupt and I was kicked out of the family group
Chapter 197 1 days ago -
Slay demons and gain sixty years of skill at the beginning
Chapter 1059 1 days ago