Vol 5 Chapter 120: Britain rubbed on the ground

Marx said: The economic foundation determines the superstructure.
Under the uncontrolled free fall of the pound sterling, within three days, crimes in Great Britain increased at a geometric rate, and almost every hour, at least three people were killed as a result.
Suicide, homicide, and gang fighting behaviors have plunged the entire society into serious turmoil.
This is a reasonable and unreasonable result, but for the British cabinet government, it is an unbearable result.
The free-falling pound made many people bankrupt and homeless as a result. The demonstrators on the streets were about to turn into violent actions, and Major himself and the Chancellor of the Exchequer Norman Lamont were also questioned by the public and the media. , Even some media directly named Major’s government’s policy of promoting Britain’s entry into the European Community as a traitorous act.
"He is the biggest bearer in the market. I suggest calling him to talk. This will help the situation."
"Emma, ​​you are crazy, don't you know that the may be an Oriental? This is definitely not possible."
"What about the Easterners? John, don’t you see what kind of crisis this country is facing? I beg you to go and see on the street. Every minute, people die because of poverty. If you continue, is it true? The result you want to see?"
"This was all done by that demon. Without him, the pound would never have depreciated to this point."
"Then do you know how much social public annuity is still available? We can't even persist for more than three months. How many people do you think will face homelessness in these three months?"
"......"
Conference hall on the top floor of the Admiralty Building.
Affected by the recent economic chaos and the dramatic changes in social security, a cabinet meeting was urgently convened under the auspices of Prime Minister John May.
But when talking about how to solve the current predicament, John Hancock, the Secretary of State and the Speaker of the Privy Council, had a fierce dispute with Emma Rad, the Minister of Employment and Pensions and the Minister of Women and Equality.
As the Minister of Employment and Pensions, Emma Rad knows exactly how serious the country is facing. The employment rate is declining, the number of people receiving unemployment benefits is rising, and social pension funds are declining. If the current problems cannot be resolved as soon as possible, there will soon be a gap in the social public annuity.
This is a very difficult problem.
Once the social annuity reaches the point where it is unable to make ends meet or even pay, no one can imagine that it will be a disaster and even millions of people will die as a result.
In order to find a way to solve the problem, Emma. Rad went to the door to consult the most capable and foresighted economic and financial scientist Pound Brook.
This former Bank of England executive, who had anticipated the Bank of England's useless work early on, was moved by the sincerity of Emma Rader.
He believes that the root of all problems lies in the declining price of the pound, which seems to be free to land.
As long as the currency value of the pound can be stabilized, the capital fleeing the UK will gradually calm down. With a series of prudent reform measures, I believe the country will quickly weather this crisis.
And if you want to stabilize the currency value of the British pound, you can try to make peace with the biggest short in the pound.
This is a very irritating and embarrassing proposal.
At least, this is true for John Hancock, the Secretary of State and Speaker of the Privy Council.
From the MI5 intelligence point of view, the biggest short capital in the pound is the Shen Jiannan who has been singing the short pound before. His Geman Investment, Kamandi and Capital One hold at least one-fifth of the market. Short position.
It was this guy who broke the pound, but now someone actually asked the Prime Minister to talk to this bastard.
The Prime Minister represents this country, how can the honor of Great Britain bow to a who is suspected of being a Chinese.
This is absolutely not possible.
boom--
John Hancock was suddenly excited by Emma Ladd's anger, he slapped the table and stood up.
"Your Excellency Rader, I absolutely disagree with your suggestion. Doing so will only shame Great Britain."
boom--
Even though it was a woman, Emma Ladd's temper was not too small, she patted the table unwillingly and stood up.
"Your Excellency Hancock, if you have a better proposal, I support your idea, but if you can't come up with a better solution, please shut up."
"you......"
Hancock stared, you don't know how to answer.
The Bank of England did nothing to keep the price of the pound sterling. What good way does he have.
"Your Excellency Lamont, don't your Ministry of Finance have any other options?"
"......"
Hancock approved by your mother.
Norman Lamont, the old who was watching melon-eaters, almost didn't scold his mother. Hancock, who was good-natured, drew the fire on him. Isn't this a scam?
He has enough pots on his back, and now he still wants to carry them.
Sure enough, the bearded Emma Ladd suddenly diverted her attention.
"Your Excellency Lamont, Mr. Pound Brook has reminded you before that it is more in the interests of Great Britain to withdraw from the exchange rate mechanism than to stay in the European Community."
Why do you reject his suggestion?
If the Bank of England did not exhaust all foreign exchange reserves, we would not have to face this crisis at all. "
After the Bank of England exhausted all its foreign exchange reserves and borrowed seven billion pounds from the IMF, the pound was still forced to withdraw from the European exchange rate mechanism and fell into free fall.
If, at that time, we directly withdrew from the European Community, with the size of the Bank of England’s foreign exchange reserves, even if the interest rate was lowered, the decline of the pound could be completely controlled.
This is a very unreasonable logic.
Who would have thought that things would come to this point.
But the loser has no right to speak. Life is like this, especially politics.
The result is to prove the root of everything, the reason and process are not that important at all.
Lamont flushed with a few words from Emma Rader, but couldn't refute a word, so he blushed and glanced at the opposite John Major.
Major's state is not very good. The media and the public are constantly accusing him of his wrong political strategy. Competitors have also seized on this and kept attacking him. The bad situation has made him unable to rest well for three days.
But now, the Lamont actually burned the fire on him again~EbookFREE.me~ Asshole of the dog, you wait for me.
An annoyed glance at Norman Lamont who was throwing the pot, Major stood wisely on Emma Rad's side.
"I agree with Lord Rad's suggestion, but the question is, will he talk to us?"
"..."
This is a very serious question.
After all, John Major represents the whole of Great Britain, and Shen Jiannan is the biggest seller in the pound sterling market. He is the who defeated the Bank of England and rubbed Britain's reputation on the ground.
If John Major, the prime minister of a country, sends an invitation to the who is sniping on the pound, it is a shame in itself, and if it is rejected again, it will be spread out, the entire Great Britain will be greatly humiliated.
God, did you know that the British Prime Minister wanted to find a devil to beg for mercy, but that devil did not agree.
Such remarks are absolutely unacceptable in Great Britain.
The huge conference room was plunged into a brief silence. It was about the honor of the royal family and the dignity of the country.
It can't be done without talking.
The sterling positions held by Kamandy, Geman, and Capital One accounted for one-fifth of the market’s selling position. It is a banner of short-term will. You don’t have to think about it. Such a large-scale withdrawal of positions is converging Under the effect, the price of pound sterling will surely rebound rapidly.
Everyone at the scene stared with big eyes, you looked at me, I looked at you, and for a moment did not know how to speak.
Talking about the risk of dignity and face scandals is nothing if you don't talk about it.
Suddenly, Norman Lamont felt that the atmosphere in the court had become a little weird. At some point, a pair of eyes were fixed on him.
"I suggest you let Your Excellency Lamont try to negotiate with that first."