Vol 5 Chapter 116: Party leader hiding in the closet

Economic development has certain laws. In the history of capitalist development, one point is well proved.
When capital continues to flow in, a country’s economy will continue to grow, the unemployment rate will decrease, the operating rate will increase, people can buy more things with more money, demand will increase to stimulate supply, and a virtuous circle will bring about the law of increasing growth. . And capital has another nature. It is like flowing water. It will flow wherever it can become bigger, which ultimately leads to greater liquidity.
Upon receiving the news that the pound sterling plunged 29.5% in one day, many Asian countries responded differently at almost the same time.
Because the price of pound sterling is related to whether Great Britain can stay in the European Community, and it is also related to the stability and continuity of the European economy. Now, the Bank of England’s inability to maintain the pound price will inevitably lead to economic chaos in Europe.
Thailand, Malaysia, Indonesia, and the Philippines held foreign economic investment conferences, and news of the full opening of financial markets spread across the world in an instant; China Mainland launched a highly standardized development and reform conference, covering business tax, land, and B-share reforms. Many parties expressed their welcome attitude towards foreign investment.
South Korea and India have also issued different forms of welcome attitudes and reform declarations to overseas capital.
The spokesperson of the Blue House of the Republic of Korea said to reporters from various countries that the domestic financial industry will be fully liberalized. Foreign investment will not be restricted and protected. Foreign investors are allowed to engage in securities trading, securities brokerage business, bank lending business, and investment in real estate. Areas.
Damn and robbers!
Damn pimp!
London, Admiralty Building.
Norman Lamont hung up the phone of the Intelligence Department, his expression on his face was green and red and he kept cursing his mother in his heart.
The various preferential policies and open financial markets of various countries at this time are undoubtedly tantamount to digging the corner of the United Kingdom, which will only increase the outflow of capital in the United Kingdom and put more pressure on the price of the pound. What is even worse is that with capital Outflow, the British economy will face a more severe test if it wants to recover.
Lamont hated the reactions of various countries. In his eyes, governments of various countries behaved like those pimps on the street, trying to win over those capital clients.
Bell Bell Bell
The rapid ringing of the telephone rang in the closed elevator room, Lamont's face became more ugly, and there was no good news in one day. He felt that he was on the verge of an explosion. Worse, he felt that he was now The phone must not be good news either.
Sure enough, Lamont feels right.
"Norman. The remarks of Asian governments have put more pressure on the pound. We now have only one billion pounds left..."
Office of the President of the Bank of England.
Robin Leigh Pemberton leaned against the office chair and held the phone, like a frosted eggplant, looking very depressed.
Not long ago, there was a sudden large-scale pound sell-off in the market. The Bank of England consumed more than one billion pounds to barely maintain the price at around 2.56. However, as reforms and new policies in Asian countries are fermenting in the market, the spot market The selling on the Internet suddenly increased, leaving the Bank of England borrowing money from the IMF to consume only one billion.
Moreover, this is just the beginning, and no one knows what kind of pressure the pound will face with the influence of Asian countries over time.
Staying in ECU, Pemberton has given no hope. Now, he only hopes that he can postpone the time for the cabinet and the prime minister to make the right choice. Otherwise, once the foreign exchange reserves are depleted, Great Britain will be fully bankrupt.
One billion pounds!
This number made Lamont feel hot on his face, and the muscles on his face were constantly jumping like a pendulum. Although Pemberton's tone could not be discredited, he could feel the name he was called. Great humiliation.
God, Mr. Lamont is the smartest man and the most economical man.
But now, Britain has only one billion pounds left.
There is nothing more humiliating than this. When thinking that he might be laughed at, Your Excellency Lamont has the urge to kill someone to vent his anger.
But this is what he can do.
"Listen, Robin, I have arrived at the Admiralty Building now, but before I see Her Excellency Mei, I will support me no matter what you do."
"I will try my best. But I can't guarantee how long we will last."
"..."
Obviously, the price of the pound makes Great Britain a difficult choice.
But whether it's staying in the European Community, exiting the European Community, or something else, these require the Prime Minister to make the final decision, not the Minister of Finance.
Hanging up the phone, Lamont didn't know whether he should be grateful or annoyed. Fortunately, this problem did not require him to make a decision. What annoyed was that if he was asked to make a decision, he didn't even know what decision to make.
Ding--
The elevator has arrived.
Lamont took the consultants out of the elevator with strides.
At the same time ~EbookFREE.me~ In a bedroom with a carpet and a luxurious bed in the building.
A middle-aged man of about fifty years old hid alone in the closet by the bedside, rubbing the white hair on his head.
He has a slender face and a beautiful posture. He is wearing a decent suit and a discounted blue tie. His flowing white hair makes him look very good. If it weren't for him now hiding in the closet like a child, and holding his head anxiously like Liushen Wuzhu, no one would think he was a big man.
Uh......
He is indeed a big man.
Because he often appeared on various TV shows and newspapers, and was given a very friendly name-Sister Mei.
That's right, this middle-aged man hiding in the closet is His Excellency Major, the leader of the Conservative Party and the Prime Minister of the Cabinet.
As for why he hides in the closet...maybe it is more quiet here, so that he can calm down and think.
Ok!
The fact is that this lord does not know what to do, how to face the crisis facing Great Britain, and how to face the most difficult dilemma in his political career.
This is difficult to understand, but it is also understandable.
People will inevitably have fear and retreat. From the status of a civilian to the prime minister of the cabinet, Mei's political career is not smooth, but it can be counted as a steady progress.
But now, he has to face a crisis that Great Britain has never encountered before, and he really doesn't know what choice to make.
Joining the European Community was driven by him, and it was his biggest bargaining chip to defeat Margaret Thatcher and other competitors, but now that the pound has fallen to this point, it means that this policy is wrong.