Vol 4 Chapter 44: Declare war

"Finland has vast forest resources and petroleum resources, the world's most advanced papermaking technology, processing technology and pulp production technology. With its developed light industry, Finland has become one of the richest countries in Europe.
Its summer scenery and winter snow scenery are always the most fascinating, and its villas submerged in greenery always make people feel the beauty of nature. In summer, take a fishing rod, bring a drink, lean on the dock or riverside trail to go fishing, chat with the beauties, the fresh air, and the pleasing scenery, it is like going to heaven.
When it comes to winter, in the snowy world, people always look forward to Santa Claus in red and Christmas hat, riding a deer in a sleigh, and sending people Christmas wishes.
Finland, the beauty is like a fairy tale.
I like Finland and I like everything there.
So today, I have to warn the Central Bank of Finland that Finland is facing a huge crisis.
Not long ago, the Bundesbank raised the benchmark interest rate again, a rare 1.5 basis point in history, bringing the German executive interest rate to 7.6 percent, and the commercial bank interest rate even to 8.3. However, in Finland, the deposit and loan interest rate Only 1.5%, up to
The spread of nearly seven is bound to accelerate the outflow of Finnish capital.
Think about it, if money is taken out of the Bank of Finland and deposited in the Bundesbank, then the annual income will increase by 7%. What is this concept?
A company with good performance and good management has a normal annualized rate of return of at most ten percent, and it also has to bear huge risks of market volatility, but the German bank has a central bank to cover it, and it is an investment without any risk. "
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"The market is the only criterion for measuring results. It is always correct. In just five months, heX has fallen by 50%. It has turned the wealth of countless investors into fly ash, even Dura Enso's stock has also fallen to the pledge risk control line.
There are also Finlin and Nokia Group. The changes in the Eastern European market have had a huge impact on Finland's paper industry. Finlin had to lay off employees and reduce salaries, and Nokia Group was even forced to cut off all forestry structures. "
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"We can see the efforts of Finnish companies in the difficult situation, but these are not enough. Now Finland needs to release more capital to stimulate inflation, so that the recession of the economy can be eased, so that companies can have more Funds are invested in new technology research and development so that workers who have lost their jobs can get jobs as soon as possible."
"But what is the Central Bank of Finland doing? They are sitting by and watching the decline of the Finnish economy but indifferent. They watched the company go bankrupt and ignored it."
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"Stora Enso's stock price has reached the risk line. Once it falls below the risk control line of the banking system, the bank will have to reduce losses to deal with Stora Enso's stock."
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"Furthermore, Stora Enso has tens of thousands of employees, and the number of people in the industry has reached nearly 50,000. Once Stora Enso goes bankrupt, it will be a disaster."
"And Fenlin, Nokia..."
"If a large-scale enterprise goes bankrupt, these risks will be passed on to the bank, and eventually, it may cause the banking system to collapse."
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"I love Finland. Every year, what I like most is to go to Finland for winter skiing and enjoy the clean and white natural scenery in winter. I really don't want Finland to be in a huge crisis because of the economy. But unfortunately, I have foreseen that Finland is heading towards hell."
"..."
"Here, I have to solemnly raise my warning.
"The Central Bank of Finland must make changes to stop the downturn in the economy, the lives of millions of people, and the urgent need for a looser monetary policy to prevent the Finnish economy from continuing to decline."
"......"
Looking at the newspaper in her hand, An Ning's face turned blue, and her red eyes were full of bloodshot eyes. Even her lips were silently exploded with a few holes, and traces of blood permeated through the holes. .
From the spread between Germany and Finland, to the economic situation of Finland, from the major listed companies in Finland, to the banking system. The organization is clear, simple and easy to understand, without any extra effort, all of which are real difficulties that Finland is facing. Finally, I summarized how Finland should make changes in order to solve the current crisis and sent blessings.
As the governor of the central bank, how can Anning not know where these problems are? How can he not know that Finland now urgently needs a more loose monetary policy?
However, neither the central bank nor Finland can bear the consequences of continuing to loose monetary policy, which will cause the Finnish mark to no longer be able to peg to Egypt’s exchange rate mechanism, which will cause a large-scale loss of foreign exchange reserves. For Finland, it will be a problem. Greater disaster.
However, the newspaper did not mention Finland's exchange rate difficulties, but at the beginning it mentioned the interest rate difference with Germany, which made it clear that it was telling everyone that if you take the Finnish mark to Germany, you can get more benefits.
Shameless!
Shamelessly.
You who punish people to hell, you are the one who let the capital leave, and you shamelessly say that you do not want Finland to be in trouble.
How could there be such a in this world.
Do not.
How could there be such a devil in this world.
Declaring war is a naked declaration of war on Finland's exchange rate.
An Ning could no longer read what was written in the newspaper. Looking at the handsome and handsome face, he stood up suddenly and frantically tore the newspaper in his hand.
Stabbing, stabbing--
"Damn bastard! Damn! I curse you for going to hell."
Angrily attacked his heart, An Ning could no longer care about any image, and tore off the newspaper in his hand, roaring and cursing.
It is conceivable that as this report continues to ferment, what kind of pressure the government will bear, and ultimately, all pressure will be transferred to the central bank. What is even more frightening is that there are also factors such as the interest rate differential between Germany and Finland, which will increase the consumption of domestic foreign exchange reserves.
Geman, Kamandy!
boom--
With a loud noise, thinking of the latest files from the financial supervision department, An Ning fiercely threw his hand over everything on the table, still feeling her hatred, turned around and hit the glass curtain wall behind with a punch.
In an instant, the solid glass exploded countless spider-web-like fragments, which was shocking. The blood followed An Ning's fist, silently seeping out, and there was a sharp pain in his hand, but compared to the pain and bleeding in his heart, everything was nothing.
Damn Germans, Americans, and Soviets. You are fighting, why do you want to burn the flames of war to Finland? There are also useless British and Gallic chickens. You have so many countries united, and you can't stop the footsteps of Germany~EbookFREE.me~ is just a waste.
Papa--
The sound of rapid footsteps suddenly came from outside, and the sound came first without seeing a figure.
"President. Not good. There was a massive sell-off in the spot market."
In the next moment, the head of the foreign exchange bureau ran in hurriedly from outside, sweating on his forehead, apparently rushing here non-stop.
Spot market selling!
An Ning's eyes were almost bald, and he grabbed the head of the foreign exchange bureau by the neck.
"what did you say?"
"Just now, there was a sudden big sell-off in the spot market..."
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