Reborn in Hong Kong: The Tycoon Grows Up

Killing you while you are sick is not necessarily Bao Zixuan's life creed, but he often does it. Now that we have finally found a good opportunity, we naturally cannot let France go easily.

Therefore, when the French ambassador was discussing the return of Hammurabi's Code with the Iraqi President, international hot money began to increase short selling of the franc. Soros is not threatened at all, even if the other party is the President of France; the established plan cannot be changed.

In fact, it is not Soros who is brave and fearless, nor the courage given to him by Liang Jingru; the main reason is that there are too many financial giants behind him to support him. Most of the money in the fund company does not belong to him; people do not invest money for fun. If you can't bring any benefits, then I'm sorry; I won't give you a chance in the future.

Therefore, there is no other choice except to increase the intensity of short selling; just taking the funds back to France will consume a lot of time and labor costs.

If you are hesitant and indecisive, no one will trust you in the future.

Therefore, Soros has no other choice but to go all the way to the dark side; the big deal is that he will not come to France in the future, but it is no big deal!

The depreciation of the franc continues, even faster than people imagined. As an economic power, France is definitely not at the mercy of others; but there have been so many problems in recent times, and the people have lost confidence in the entire country.

As French President, Mitterrand naturally cannot ignore it; but the economy is different from others, and he needs to spend real money to fight against the short-selling forces. Although ordinary people have some money, they are very limited; therefore, if they want to fight against international hot money and Wall Street financial giants, they still need the help of the super rich and aristocratic families.

Fortunately, after so many years, France has a complete financial system; and interest groups were formed as early as 200 years ago. The French economy is related to its wealth and life, and it will definitely not sit idly by!

The Banque de France is the central bank of France; it was established on January 18, 1800 by Napoleon Bonaparte, then the first in power. Its original purpose was to be responsible for the issuance of banknotes; to help the French economy escape the depression caused by the French Revolution. .

Although the Bank of France is the central bank of France, its control does not belong to the French official; it is controlled by 200 families.

In France, the famous representatives of the financial oligarchs are the so-called 200 families, that is, the 200 major shareholders who control the Bank of France. They either penetrated into industry and commerce from the banking industry, or penetrated into the banking industry from industry and commerce; at the same time, they participated and combined with each other to form a dynasty of monopoly capital that dominated the French economy.

The devaluation of the franc has the greatest impact on them; naturally they cannot remain indifferent. We must not just watch the international hot money run wild in Paris, we must teach them some lessons.

It is not difficult for France to win over people; it is just worried that the capital giants and aristocratic families will not work hard. Eggs will never be put into one basket, and the same goes for the French family.

It's just that they have to confront Wall Street out of favor; in fact, they don't want to do that.

The international situation is very unfavorable to France at the moment, and the depreciation of the franc is an inevitable trend; even if there is no pressure from international hot money, it is still inevitable. It's just that the magnitude will not be as big as it is now; but with such a good opportunity, as a financial speculator, how can you give up so easily?

As a French person, especially a noble family, when the country is in danger, naturally we cannot just sit idly by. Only when France is strong will life be easier for them; otherwise, no one will tolerate you if you encounter international disputes in the future.

Being strong is only one aspect of a company, and it must have support behind it; otherwise, the stronger it is, the more dangerous it will be. Therefore, if you want the family to continue and thrive in the international market, a strong country is the basic condition.

Besides, as 200 shareholders of the Bank of France, they are already deeply tied to this country; it is simply unrealistic to break away.

Even if you are reluctant, you must show an attitude; you may hold back, but you certainly cannot do nothing!

Mitterrand looked at the people below and said: "Everyone, I believe you all understand the current situation. Not only did France fail to win in the military, but the economy has also been suppressed by international hot money; if no measures are taken, the franc will continue to depreciate. Inevitable.”

“I don’t say it will become a piece of waste paper in the future, but its purchasing power and international reputation will definitely plummet; I believe no one wants to see it.”

"Something must be done. International hot money is targeting France; that's because they made a wrong calculation. We must let them know that not everyone can control the French economy!"

"It's no use just talking big words here, you still have to show your strength; I hope you won't hold back, otherwise the French economy will completely collapse."

There are various factions within any country; there are so many interests involved that it is impossible to achieve complete unity. But now that a foreign enemy is invading, we must unite; assuming that the French economy collapses, they will definitely suffer the most losses.

They were the first to win, and no one thought that their own family was stronger than other families; in line with the principle of just following the arrangements, no one said anything.

After Mitterrand glanced around, his eyes fell on Fritz De Conteler, the president of the Bank of France; the meaning was very obvious, and he needed to take the lead in taking a stand!

I didn’t want to say much, after all, France has been in a very bad situation in the past hundred years, causing the De Canteler family to suffer heavy losses. But as a member of the founding family of Banque de France, you cannot avoid problems; you must face them bravely.

Now that the president wants him to speak first, there is no way he can avoid it; but the scale of his speech must be controlled well!

Fritz De Conteler thought for a moment and said: "Everyone, the current gold reserves of the Bank of France are 2,400 tons and the foreign exchange reserves are 80 billion US dollars."

"There are indeed a lot of gold reserves. Compared with them, foreign exchange reserves, mainly US dollar reserves, are too small. There is nothing we can do about it. The national policy formulated during the De Gaulle period; no one dares to change it easily!"

"Of course there are some other currencies, but the overall foreign exchange reserve situation is very bad. If you want to fight against hundreds of billions of dollars of international hot money, the Bank of France's capital reserves alone are still far from enough."

"Therefore, I hope you can put aside the past grudges, contribute money if you have money, and contribute if you have the strength; use funds to stabilize the franc exchange rate!"

"Intelligence shows that Soros' funds are mostly short-term financing and cannot be delayed at all. This gives us an opportunity, so only by persisting to the end can we achieve final victory. I hope everyone understands this truth!"

The Bank of France has its own intelligence system, and no one doubts Fritz De Canteler's words; the De Canteler family must take the lead, otherwise they will not be able to convince the public at all.

There are 200 big families involved, and the total number of people may be 10,000. If the internal conflicts have not been resolved, let alone defeating international hot money, it is impossible to end with dignity.

We can only be a villain first and then a gentleman. I hope that the major families understand the decline of France's international status; what it means to them!

Seeing that everyone is still meditating, the meaning is obvious; beautiful words are useless; real money and attitude are better than anything else!

Fritz-Dekanteler continued: "The Dekanteler family's current foreign exchange reserves are US$2.8 billion, and they will all be used."

US$2.8 billion in cash is a huge amount of money in any era. Taking it all out, ordinary people really can't do it with such courage.

Someone is taking the lead, and the core interests of France are involved; there is no turning back.

Soon all major families responded one after another. The most important thing was that they did not dare not express their opinions. Even though the family was big and powerful, Mitterrand was still sitting in his position. Face must be given.

Besides, France has been reduced to a second-rate country, and future international expansion will not be that easy!

After all, it is an old industrial power and after exerting all its strength, the downward trend of the franc quickly reversed. At the end of the work day in the evening, the public found that the franc had risen slightly compared with the opening in the morning.

It seems that they have withstood the attack of international hot money, but only the French know how much they have really paid. 200 tons of gold reserves and US$30 billion in foreign exchange reserves; they no longer belong to them! If the francs exchanged cannot be internationally recognized, the losses can be imagined!

At present, we are no longer worried about the specific depreciation of the franc, but the issue of France's international credibility; if it cannot be properly resolved, the entire French economy will completely collapse!

In a high-end building not far from the Paris Stock Exchange, Soros looked at the data analysis provided by his subordinates; coupled with the intelligence obtained previously, he thought that the counterattack of the Gallic Rooster has begun!

As one of the five permanent members of the United Nations and one of the top five economies in the world, it definitely has some trump cards. This would be an interesting, unchallenging job; he really couldn't arouse any interest in it!