Vol 5 Chapter 114: Pound sorrow

Under the shining of =Chuyang, Scott Bethe, a portfolio manager who had been in London, also arrived at the office. He could see the tall silhouette of the boss standing in the office. Druckenmiller was taking off his coat, and the shadow behind him was stretched infinitely. The only voice in the office came from the phone. On the other end of the phone was Soros, and Druckenmiller turned on the speakerphone. The unreal Eastern European accent filled the dark room. Soros urged Druckenmiller to sell as soon as possible. Pound in hand.
　　
　　 "Damn it. Haven't contacted yet?"
　　
　　 London, Ministry of Finance Building.
　　
　　 Lamont roared at the assistants in anger. The pound fell by more than 29% in one day, which means that every few minutes, the country will lose hundreds of millions of pounds.
　　
　　Italy was lucky to get into trouble on Friday, and the two-day break on the weekend gave them a chance to breathe. However, although Britain is in the same danger now, it is unfortunately on Wednesday.
　　
This leaves Lamont no time to negotiate the re-inclusion of the British pound into the European exchange rate mechanism. The re-adjustment will involve a lengthy coordination work with other European governments, which will take a lot of time, but every minute of time passes, from taxpayers to traders Mass transfers of wealth are still continuing.
　　
　　 There are still two days before the weekend, but it is conceivable that these two days will be tormented. According to the current exchange rate in the UK, if the British pound is not being sold on the market, the entire Great Britain will go bankrupt.
　　
　　 The only way is to unilaterally withdraw from the European exchange rate mechanism, but this requires the Prime Minister’s approval.
　　
But the result made Lamont very annoyed. He and his assistant kept calling the Prime Minister’s office, emphasizing the urgency of the meeting, but no one answered. The Prime Minister SirJohn Major, who is in charge of the cabinet, disappeared and disappeared like a world. could not be reached.
　　
　　 "Asshole, keep hitting me."
　　
　　 Due to the urgency of the situation, the assistants can only stare at the pressure brought by Lamont and call the prime minister's office again and again.
　　
　　 It turns out, I'm sorry.
　　
　　 No matter how the assistants called, no one answered the phone.
　　
　　 This is really irritating.
　　
　　 Fortunately, the Ministry of Finance is not too far away from the Prime Minister’s residence. Lamont had to personally lead the advisory team to head for the Admiralty Building, a Georgian-style building, the prime minister’s temporary residence.
　　
　　 At the same time, the Admiralty Building.
　　
　　 Dozens of bodyguards and consultants in suits and leathers ran back and forth in the building, walking in a hurry, with eyes wide open, as if looking for something.
　　
　　 Twenty minutes ago, SirJohn Major was still in the office, but suddenly, he seemed to have disappeared out of thin air.
　　
　　 Yes, it just disappeared out of thin air.
　　
　　 After receiving a call from Lamont, SirJohnMajor’s secretary knocked on the Prime Minister’s office and notified the news of the collapse of the pound. Not long after, SirJohnMajor disappeared.
　　
　　 "Kevin. Are you sure Mr. Prime Minister has not left the building?"
　　
　　 In the elevator room, the Admiralty Building Security Captain Kevin Rosen was questioned by SirJohn Major's cabinet again. The MI6 major in service had to continue to repeat the problems he had told several times before.
　　
　　 "Gentlemen. I am very sure of this. The monitoring center has also reported that the Prime Minister has not left the building and his car has not moved in the parking lot."
　　
Kevin Rosen’s tone is not very good. Anyone who has been asked the same question all the time will definitely be in a bad mood. Moreover, although SirJohn Major’s security is not his responsibility, now, the prime minister is suddenly not in the Admiralty Building. The trace is definitely a pot.
　　
　　 Bank of England, Market Trading Department.
　　
　　 Robin Leigh Pemberton is like a tramp who has just been robbed in the street, depressed holding a long list of statistics.
　　
Every minute, a huge amount of British pounds is sold to the Bank of England. The central bank is also forced to buy a currency that is sure to depreciate soon. Great Britain is diverting funds from long-suffering taxpayers on a large scale. In the hands of a group of global traders.
　　
　　 This is a very brain-dead behavior. He has been buying when he knows he is going to lose money. Pemberton deeply feels that his IQ is like being pressed on the ground and being constantly rubbed.
　　
　　 But he had to do this because he had to do it according to the rules of the exchange rate mechanism. Now, he no longer counts on the pound to leave the bottom area, and only hopes to provide less liquidity to Shen Jiannan and his associates.
　　
　　 One minute and one second, it becomes extremely long.
　　
　　 The feeling of being robbed, but having to move all the family out, and even having to go to someone else’s house to borrow money to hand over to the robber, is simply disheartening.
　　
　　 The pound slumped 29.5% in one day. As the news spread across the world on the phone and the Internet, I don’t know how many finance ministers were awakened from dreams.
　　
　　 If you fall too much, it will bottom out?
　　
　　NO.
　　
　　 has never been like this.
　　
　　 has never been.
　　
　　 But one thing is certain, as a veteran industrial power in Europe, the influence of the British currency collapse is absolutely huge, and its collapse has already begun, and it may be too late to stop it.
　　
　　 The harm caused by economic crises in financial history is recorded in textbooks. Under the influence of the mechanism, it will even spread all over the world, just like World War II.
　　
　　 Out of various considerations, the central banks of various countries have taken a hundred thousand points to closely monitor the changes in the financial market.
　　
　　 Of course, not all countries are worried about this tension.
　　
　　 Thailand, Bangkok.
　　
　　 Due to the time difference, it is already seven in the afternoon here.
　　
　　 The setting sun floats on the Andeman Sea, the huge red sun radiates a gentle light, and the sea surface is bright red, which looks extraordinarily beautiful.
　　
　　 But looking at the buildings in Bangkok, the huge sun seems to sink into the sea at any time.
　　
　　 Bangkok, Financial Building.
　　
The newly appointed Finance Minister Kasson and the newly appointed Bank of Thailand Governor Sonny sat together. Their faces were filled with excitement that could not be concealed. The red light shining on the slightly dark complexion of the two men looked like they were There was a greasy golden light.
　　
The United Kingdom is one of the core members of the European Community. The pound's weight in the ECU is even greater than that of Germany and France. Now, the pound has depreciated by 29% in one day, which means that the pound will be forced to withdraw. European Community Economy.
　　
　　 This is undoubtedly a huge opportunity for Thailand ~EbookFREE.me~.
　　
　　The world is so big. The five Nordic countries are now in the economic quagmire. Eastern Europe is still licking the wounds of division. Now Southern Europe and the United Kingdom are in a dilemma of currency collapse.
　　
　　 Capital is chasing profit. If the entire European economic structure is turbulent, the insecurity will inevitably prompt the capital chasing profit to flee Europe.
　　
　　 "Sonny. This is a once-in-a-lifetime opportunity. We can take this opportunity to do a great job, what do you think."
　　
　　 "I think so too. Now Britain is like the sun on the sea is about to set. We can attract more European capital to Thailand."
　　
　　 "Is there anything I can cooperate with?"
　　
　　 "When I was studying economics in the U.S., I discovered that the U.S. economy and to a large extent are driven by financial markets. We can relax more financial controls and attract European capital to Thailand."
　　
　　 said, the expression on Sonny's face gradually became excited.
　　
　　 "If possible, I hope to speed up the construction of offshore financial centers. As long as we provide more convenient conditions, Bangkok will have the opportunity to surpass Singapore and Hong Kong to become Asia's financial center."
　　
　　 "......"
　　
　　 "......"
　　
　　 "By then, we can even become the true leader of ASEAN."
　　
　　 "......"