Vol 4 Chapter 4: Crisis appears

The touched woman is the most emotional.
At the moment when Shen Jiannan used her body to block Song Xiaodan behind her back, she felt that her heart was going to be burned.
As soon as he walked to the hotel room, Song Xiaodan ignored the trophies piled up in the living room and pushed Shen Jiannan down on the sofa, like an offensive cat, kneeling on the sofa and kissing.
The breath of Youlan surged in, and Shen Jiannan stopped Song Xiaodan's thighs and gave comfort and response. He knew that Song Xiaodan must be frightened by such things.
After a long time, the two separated.
Looking at the face close at hand, Song Xiaodan's starlight eyes were full of infatuation and affection.
"Jiannan. Why are you so stupid? They have guns in their hands. If something happens to you, how can I survive?"
"Fool. How could something go wrong with me."
"I don't care. You are not allowed to do such stupid things in the future. If you die, I won't live anymore."
Snapped--
Shen Jiannan raised his eyebrows and drew a hand out to slap Song Xiaodan's ass.
"Don't talk nonsense. What death is dead. Only by living can you do more meaningful things. I am such a scourge, where it is so easy to die."
I don't know if Shen Jiannan used too much strength, Song Xiaodan's starry eyes suddenly flickered with water mist.
Like weeping, it makes me feel pity.
But she was still not convinced, hooked Shen Jiannan's neck, and put her lips together again.
For a long time, her breath was a little confused, and she held Shen Jiannan's hand on her body.
"Jiannan, want me."
"..."
frankfurt, Germany.
Helmutschlesinger stroked his head, frowning in thought as he watched the economic data handed over by his subordinates at the table.
Since the country’s split in 1949, the eastern region has less than one-half the area of ​​the western region, and the population is only one-third of the latter. The five states it controls are also traditional agricultural states in Germany, with a weak industrial foundation, and Silesia, the main industrial area, was ceded to Poland.
To make matters worse, in order to compensate for war reparations, the formerly incomplete industrial infrastructure in the east was almost completely demolished by the Soviet Union. The continuous outflow of young and middle-aged labor, skilled workers and intellectuals has also worsened the living conditions in the east. The natural resources in the east are much scarce compared to the west.
Due to the pressure of the Soviet Union, the "Marshall Plan" was not accepted and the planned economy has been implemented. This opened a huge gap between the East and the West in post-war reconstruction.
After the reunification of the country, the currencies of the two sides were exchanged for equivalent value, causing serious economic deviation, and the inflation rate continued to rise. If this continues, I am afraid that the country soon after the merger will fall into a political crisis again.
This is never allowed.
As the governor of the central bank, helmutschlesinger knows very well that the inflation rate must be suppressed in order to compress the crisis within a controllable range.
Bang bang bang--
There was a knock on the door, and in response to helmutschlesinger, his assistant Engels walked in meticulously.
Thirty-year-old Engels has the traditional rigorous character of the Germans, and he also has in-depth research on the economy, which is deeply appreciated by helmutschlesinger, so when he took up the post of central bank governor last year, helmutschlesinger promoted him to department head.
"Engels, what's the matter."
"London called just now, hoping that we can take into account the alliance's agreement and delay the rate hike."
Schlesinger was on fire when he heard it. Since World War II, the central bank’s first responsibility has been to control the inflation rate and prevent the people from swelling their wealth and forming populism. Nowadays, the integration of regional economic deviations makes it urgent to raise interest rates. How can it be delayed? .
"How did you get back to them."
"I said you still need to make a decision."
"Tell them that this is impossible. We must control inflation now, or the country may divide again. Moreover, the Fed has raised interest rates a few days ago. If we want to maintain the Mark’s position, we must raise interest rates and notify various departments. Director, we need a meeting now."
"Yes, sir."
At 2:30 pm, Berlin, German Stock Exchange.
"Baywa, sell 2,000 shares."
Bell Bell Bell
"LegIm touched bilienag and sold 3000 shares."
"AarealBank, buy 10,000 shares."
Bell Bell Bell
", buy six thousand shares."
"..."
The noisy stock exchange is like a huge vegetable market. While small notes are flying, the ringing of telephones and the shouts of traders make it look like a financial center.
Countless traders wearing vests were making gestures that only their own could understand, and some traders quickly tapped the keyboard in their hands after receiving the call.
It's a mess, and it looks messy. If you don't see it with your own eyes, no one will believe it. It is this mess where hundreds of millions of marks are trading every minute.
Suddenly, the rising gDaXI on the big screen took a pause, descending rapidly at a speed that the naked eye could see. The numbers on the screen changed from green to red, flashing at a speed that the naked eye could not see clearly.
1780.39, 1778.47...1776.38...1770.22...
In less than five minutes, among the densely packed red numbers, gDaXI was hit hard, like a waterfall, and fell by more than one percent in a short time.
Seeing the shrinking wealth, many people in the periphery suddenly scolded.
"Damn it. Why did you dive."
"Is there any news."
"..."
"Damn it, stop losing 5,000 shares first."
"..."
At the same time, in the financial district of Frankfurt, a 20-story building.
Capital One Investment Management Company, Jimmy Nutt looked at gDaXI suddenly diving on the monitor, and slapped the table with excitement.
Half a month ago, he was transferred to Germany by William, the company's chief investment officer in Europe, and established a short position in gDaXI of 3 million marks. But who knows, he was trapped as soon as he got in.
gDaXI is like a bull, rushing upwards frantically. In just half a month, gDaXI rose from 1670 to 1720, and the company suffered a loss of 1.3 million marks on its books.
Loss is a huge suffering.
Judging from the trend of the German stock market in the past year, there is an obvious bullish trend, that is, a bull market. After several years of securities investment, Jimmy Nut knows how much risk it will take to go short against the trend.
Because of the trend, it is like a bullet that is shot out. If it is rushed to intercept it before it hits the ground, there is a 99% probability that it will be killed by the bullet.
Faced with the continuous rise of gDaXI every day, Jimmy Nutt doesn't know how many times he has scolded William as an idiot, and he will actually let himself establish a short position in an obviously bull market.
Who knows, after he returned his stop-loss proposal, William actually let him continue to increase the position.
It is the iron law of the speculative market to not increase the position at a loss. It is simply an idiot to increase the position on a position that you know is wrong.
Roared, questioned.
But... the senior officials were crushed to death.
Jimmy Nut had to increase the size of his position to 10 million marks.
As a result, the market seemed crazy. It rose from 1720 to 1780 points, an increase of nearly 4%, and the accumulated loss on the company's account reached 4 million marks.
Jimmy Nutt is ready to be thrown out by William. The guy has a good relationship with the boss. When the company's book assets are all lost, he will definitely be taken out of the tank.
Who knows, there will be another village.
The imposing gDaXI actually fell, with a drop of 20 points.
1760.33, the dazzling blood red, let Jimmy Nut see hope, a huge swallowing line, swallowing the sun line of the previous trading day.
1759.38.....1758.33...
Why did it suddenly fall?
Jimmy Nutt has no time to think about it, the market is always right, and since the market is falling, it makes sense.
Without hesitation, professional experience allowed Jimmy Nut to make a decision.
Continue to add blanks.
"Hi. Guys, take out your speed and continue to increase the position."
Papa--
The four traders moved immediately, and their young hands quickly responded to the market in terms of their physical functions.
1758.21, sold, 30
1758.21, sold, 30
1756.21, sold, 30
1753.21, sold, 30
...
Under the order of Jimmy Nutt, three hundred contracts were beaten out, and gDaXI has dropped to 1,750 points. With dozens of points of fall coverage, the total loss on the company's account has dropped to two million marks.
At 6 pm, the German Central Bank issued an announcement.
Since June 10, 1992, the benchmark deposit and loan interest rate has been raised by 0.8%.
The German Central Bank stated that the move is to strengthen the liquidity management of the banking system, guide the rational growth of money, credit and investment, maintain the basic stability of prices, and curb inflation and market speculation.
Everything is reasonable.
Interest rate is the main factor that determines currency liquidity. Under the interest rate factor, the capital flowing in the market will enter the bank to seek stable income.
The Bundesbank’s benchmark interest rate has been maintained at 4.8 before, and it has been raised by 0.8% at one time. The implemented interest rate is 5.6%, an annualized interest rate of 6%. For investors Said it is very attractive.
There is no risk, and inflation can be resisted. Capital pursues profit and risks must be taken care of. Since there is stable income, liquidity and hot money in the market will inevitably flow into banks to seek stable income.
The only reason that determines the rise of securities is the purchase of funds. As the circulation of Mark in the market decreases, the stock price will naturally fall.
If you compare global wealth to water currents, then national barriers are like puddles. Where there are pits, whoever will flow there.
Finland, Helsinki.
In the office of the governor of the central bank, Anning felt a headache after listening to the subordinate's return.
Affected by the real estate downturn and the hindered export industry, the domestic securities market also continued to decline. In order to stabilize the economy, Finland continuously lowered interest rates to stimulate inflation.
The interest rate of 1.5% has always been implemented.
However, in Germany, the deposit interest rate has been at 4.8. Many people have brought money to Germany to save money, causing serious losses of domestic capital.
The Finnish mark is pegged to the exchange rate system. Although on the surface it is pegged to the European Union currency Ecu, but the core currency of Ecu is the German mark.
As the German Central Bank raises interest rates, it is conceivable that if interest rates are not raised, domestic capital inflows will increase. UU reading www.uukanshu.com
Raise interest rates or cut interest rates?
Crisis, with a keen sense of smell, Anning smelled the taste of crisis.
But he has no choice. Capital is instinct to pursue profit. This instinct is like a gene, which cannot be changed by force.
"President. What should we do now."
"Wait and see for now. We need to wait for the moment."
"But if the capital outflow situation worsens, we are at risk of devaluation."
"I know. But the Germans, how can we care about our life and death, but the United Kingdom and Italy must be very dissatisfied with Germany's interest rate hike, I hope they can stop the pace of Germany's interest rate hike, we still have a chance."
"..."