Rebirth of the Strongest Tycoon

Chapter 1144: Ice and Fire 2 Heavy Heaven

"Clap!"

"Ring Ling Ling..."

Headquarters of Heungkong Galaxy Fund.

Xia Yu just hung up the phone, and just after a two-second pause, the phone rang again quickly.

Xia Yu smiled and answered the phone directly: "Hello, how is the situation?"

"..."

"I understand, pay attention to concealment, keep an eye on the market situation at any time, must not be careless, and report to me as soon as possible in case of special circumstances!"

"Clap!"

Xia Yu spoke concisely and decisively hung up the phone after speaking clearly.

After receiving the eight calls, Xia Yu got up from the chair in front of the desk and walked to the floor-to-ceiling window, considering that there should be no calls coming in for a while, looking at the tall buildings and the blue sky in the distance, he just felt very happy. !

With the Mexican government disregarding the country's credibility and voluntarily announcing a default on its $87 billion debt, the last risk of his plan finally disappeared and he was fully on track.

The losing team no longer loses, and fills up the floating deficit at a very fast speed, and then the floating profit rises all the way.

As other international capital rushed into various markets, it further boosted the floating profit of Galaxy Fund, which was deployed early.

Just like the Mexican peso and the Mexican stock market.

International capital sold the Mexican peso and Mexican stocks, accelerating both slumps.

As a short-selling party, Galaxy Fund is naturally eager for the Mexican peso and the Mexican stock market to fall as low as possible.

Others wanted to short the Mexican peso, but it was too late to get in.

But international capital is not stupid.

Since the Mexican government dares to default, the default risk of other Latin American countries will increase infinitely.

So even if Brazil, Colombia, Peru and other countries have not yet defaulted, the stock markets and currencies of these countries have already started to fall.

At best, the decline was not as steep as Mexico's.

But as long as these countries follow suit and default, it will only be a matter of time before the collapse.

...

London, England.

Lloyds Bank convened an interim board of directors immediately after being informed of Mexico's sovereign debt default.

At the meeting, many directors breathed a sigh of relief after learning that Lloyds Bank did not hold Mexico's sovereign debt and only held less than £50 million in Brazil's sovereign debt.

Fortunately, there is no sovereign debt of the Mexican government.

Fortunately, the sovereign debt to Latin America and other countries is less than 50 million pounds. Even if it really wants to lose, it will not be much.

After lingering fears, Duke Carter Howard, who was strongly proposing to sell Latin American sovereign debt, became the focus of the entire venue, and everyone was lamenting his foresight.

"Thanks to you, Sir Carter, think before that we at Lloyds were the UK's largest lender to developing countries in Latin America!"

"If you hadn't urged and persuaded us one by one, the $2.2 billion debt to Mexico at that time would have been enough to cost Lloyds a lot!"

The good friend of Duke Carter Howard, Duke Potter Philip Cavendish said with emotion.

"Yeah, no matter whether the remaining Brazilian government's sovereign debt can be transferred or not, even if the Brazilian government defaults, we will only suffer a slight loss, and the bank will also make a profit this year."

Duke Somers Churchill nodded in agreement, with a relaxed smile on his face.

Duke Carter Howard was not complacent, but said with a faint smile: "If it wasn't for everyone who could support my point of view that seemed ridiculous at the time, I would not have been able to do this alone."

"So this is the common credit of everyone!"

"Hahaha……"

Everyone laughed, and suddenly a director said abruptly: "Most of our bank's sovereign debt to Latin America and other countries has been taken over by Barclays Bank, and Barclays Bank has taken over a large number of sovereign debts, and now it has become Latin America and other countries. the country's largest creditor,

I think the Rothier family must be going crazy now. "

After everyone was silent for a while, a more enthusiastic discussion sounded in the conference room.

"The Rothschild family is rampant in the financial market. Before, they thought about using the sovereign debt to Latin America and other countries to speed up the family's revival. Now...hehe..."

"I'll have to call Evelyn Rothier when I go back and ask him how he's feeling now, hum..."

"Barclays Bank holds more than ten billion US dollars of sovereign debt. After the news spread, Barclays Bank's stock may become junk stock, but unfortunately, with the strength of the Rothschild family, it is not necessary to let Barclays Bank go bankrupt. It's possible, but unfortunately..."

"What a pity, at least temporarily interrupting the momentum of the Roshir family's revival, and it can greatly consume the Rothschild family's funds. When the government privatizes state-owned enterprises next, the threat of the Roshir family will be greatly reduced. , we have a better chance.”

"That's right..."

In fact, the major shareholders and directors of Lloyds Bank are the staunch royalists in the United Kingdom, and they are powerful members of the old family. The competition with the Rothschild family is far greater than the cooperative relationship.

Even if there is a cooperative relationship, it is just an ordinary cooperation in a certain field.

So for them, the loss of the Rohir family's strength is the best thing!

Moreover, Barclays Bank is still stronger than Lloyds Bank. The competition between the two is very fierce. Now that Barclays Bank has lost its strength, part of the market vacated by Barclays Bank must belong to Lloyds Bank.

These markets can create more value than the less than £50 million sovereign debt to Brazil.

Overall, in the face of the crisis, Lloyds Bank will get better and better.

There are two flowers on each table.

As thought by Duke Carter Howard et al.

At this time, the Rohir family was enveloped by a heavy atmosphere.

After Evelyn Rothier asked people to stabilize Barclays Bank, he rushed back to the family as soon as possible to discuss countermeasures with them.

"Evelyn, have you counted Barclays' sovereign debt to Mexico?"

Jacob Rosier asked with a gloomy expression.

Evelyn Rosier sighed and said truthfully: "The Mexican sovereign debt we hold has reached more than 4.23 billion US dollars, of which more than 650 million principal and interest are on August 16. expiring."

"In addition to Mexico, we have $9.45 billion in sovereign debt to countries like Brazil, Argentina, Colombia."

"We hold more than $13.68 billion in sovereign debt across all Latin American countries."

"Of course, our bank has also lent about $4.4 billion to companies in Latin America and other countries, of which about $650 million has been lent to companies in Mexico."

"Now that the Mexican stock market is plummeting and the Mexican peso is plummeting, the $650 million-plus loan is equally at risk."

"Hey……"

After speaking, Evelyn Jacob let out a long sigh, his face full of sadness.

PS: The meetings are held until ten o'clock. In two hours, I can still write two chapters, which is not bad. Don't think it's too short. I'm really busy with work.

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