Soviet Union 1991
Chapter 993: The First Round of Financial Offensive
This is the most panicked time for international financial speculators since the Hong Kong market was defeated. Originally, they thought that it would not take much effort to win over Moscow. Soros was even prepared to complete his last sniper battle here and call it a day. Asia The booming economy has been greatly damaged by his hands. Even the CIA spent a large amount of budget to achieve the effect, but it was dormant under his small financial means. Even Soros couldn't help but admire his own means.
This is a card to claim credit from the White House and President Mario. At least he has slowed down the East Asian countries whose economies are taking off. While Soros and other international speculators are disrupting the financial markets of Asian countries, they are also taking advantage of the price differences and making money from them. Lots of benefits.
He has won almost 80% of this financial war. In addition to provoking the Chinese authority behind Hong Kong, Soros believes that there will be no one who can be his opponent.
Until bad news came from Russia, the Soviet government announced that it would use foreign exchange to ensure the stability of the ruble's exchange rate at all costs. When Soros looked at the conclusive guarantee made by the spokesperson of the Financial Administration on TV, he still had a sneer on his lips, "You want to use the little foreign exchange announced by the Soviet government to rescue the market? Are these old diehards of planned economy? Don’t you know what financial war is?”
Soros turned off the TV. There was nothing on the news that could attract his attention. The foreign exchange reserves announced by the Soviet government were 103 billion U.S. dollars. Although there was some pressure to go short, it was not enough to be beaten by the other side, and Stop immediately when things go wrong. So Soros doesn't have to worry about heavy losses.
He was like a cautious gambler, playing with the precious chips in his hand. No matter how powerful the Soviet government was, it would not let his losses be greater than the attack on Hong Kong.
Thinking of this, Soros felt relieved. He had been staring at the computer screen before picking up the phone, dialing a few numbers, and ordering in an orderly manner, "Yes, sell them all, and clear the positions without leaving any. Be sure to To cause a sharp fall in the exchange rate and destroy the ruble.”
"Transfer all the funds from more than 20 accounts in Zurich Bank. Yes, we need to do it now. Put all the chips in. Don't worry, our gains will be much greater than our investment."
"Hey, West? Remember this number. I will transfer all the funds into the account later. Yes, wait, just wait a moment."
Another phone on Soros's desk rang. He picked up the phone and whispered, "I'm Soros. Who is you?"
The background of the guy who calls his private phone is not very simple. The one he has spoken to most recently is Yellen, the chairman of the Council of Economic Advisers. The White House is eager to learn from him the extent of this invisible jihad.
"I'm Yellen."
The Chairman of the Council of Economic Advisers said without any ambiguity, "What is the situation now? Your Excellency the President's patience is limited, and I hope to see results in a short time instead of wasting time here meaninglessly."
Soros secretly cursed an old fox. The White House was using him as a gun, but he was still willing to become a lackey. After all, he started this war. He had no other choice but to continue the war. .
"We are now conducting the first round of exploratory attacks. The Soviet Union's foreign exchange reserves are not deep. The Chinese government has nearly 200 billion U.S. dollars in foreign exchange reserves, but the Soviet Union has less than half. They will be able to distribute them in the next week. Victory or defeat, although we suffered a brief defeat in Hong Kong, we will win the final war."
Soros admitted that he lost because he was not strong enough. The red empire behind Hong Kong had a terrible amount of capital. With his personal wealth and other international speculators who are eager for money, they are definitely not their opponents. As one of the top economies in the world , China is not a country with a fragile economic structure like Thailand and Indonesia. Just the red giant standing behind it can scare Soros.
As for why they dared to attack the Soviet Union, they also considered that the other party was in the early stage of market economy transformation and various regulations were not perfect enough, giving them an opportunity to take advantage of it. We have already established relationships with some of the bank presidents to jointly implement these short-selling plans.
"After luring the Moscow government out, we will launch the first round of fierce attacks and seize the opponent's high ground in one fell swoop. By then, nearly one-third of the start-up capital will have been poured in, causing an avalanche of ruble falls. By then, banks will It will be close to bankruptcy because of the exchange rate problem. We have budgeted that if the Soviet Union really uses all 100 billion US dollars in foreign exchange to rescue the market, it can last for a week at most, and the decisive game will be after one week."
Having said that, the pressure of US$100 billion on Soros is still considerable, but he can afford to wait. When the Moscow Monetary Authority is at a loss, he will use the last of his funds to make a big profit. Leave, leaving the Soviet government to clean up the mess.
The shameless faces of investors have no borders. As long as there is a profit, they will swarm like a swarm of flies.
Soros is the leader among these flies.
Yellen has also heard the purpose of Soros' plan. It must be said that he is very interested in this financial wizard. What if he can successfully become a loyal eagle dog of the United States?
Just one person can hinder the economic development of all second- and third-rate countries in a region. This is the real charm of capital.
"If the US government can add fuel, the effect will be better."
Soros asked tentatively, "After all, it is more certain to do so."
"Don't think about taking money from the White House, Mr. Soros."
When it comes to money, Yellen's tone also changed, "If you succeed, the White House will naturally reward you. You know best about this kind of policy support. We will not take out capital. Every penny in President Mario's hands needs to be reviewed by Congress."
Soros sighed. It seems that it is impossible to deal with the Soviet Union with a sure thing.
"I know, but it is the Soviet Union after all. I am afraid that there will be unexpected situations when shorting the Hong Kong dollar."
Yellen's tone was a little impatient. She said perfunctorily, "Let's talk about these later. I wish you a successful start, Mr. Soros."
After speaking, he hung up the phone directly. Soros was a little uneasy. He was worried whether there would be any unexpected situations. At this time, the curve on the computer screen was developing in the direction he expected, and everything seemed to be under control.
But I always felt that something was wrong.
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