Chapter 1047 How tragically you have been tricked before, how strong is it now
It turns out that adjusting the schedule and bypassing London was a proper decision.
Because this hurricane from the Atlantic Ocean, after landing in the UK, the highest speed reached 190 kilometers per hour. Wherever it passed, large areas of trees fell, roads were blocked, traffic was paralyzed, buildings collapsed, and power grid was severely damaged.
, so much so that in order to avoid greater damage caused by short circuits in the power grid, southeastern England, including Greater London, had to shut down the power system for the first time since the end of World War II.
In sharp contrast, the British Met Office failed to correctly predict the natural disaster.
Michael Fish, a BBC weather forecaster, was even more depressed. He reported in a relaxed tone, "Don't worry, most of the strong winds will fall over Spain and then enter France."
As a result, the level of disasters in some parts of the UK has reached once in two hundred years.
In the harsh criticism of criticism, the British Meteorological Service can only strengthen the quality and quantity of ships, aircraft, buoys, and satellite observations, buy an extra supercomputer, improve meteorological mathematical models, etc.
He avoided this chaotic Gaoxian in West Germany and continued to work without delaying anything. He estimated that the British weather forecast will not be too busy anymore. The high degree of weather forecast warning will indeed affect business, which may lead to carelessness.
Economic losses are also striking. For example, the British insurance industry will lose 2 billion pounds this time.
Of course, Gao Xian really has real concern about this hurricane disaster, that is, the normal operation of the City of London has been seriously affected and few traders have worked.
"It seems that the 'Auspicious Day of the Yellow River' is not a casual decision. On which day it falls, there will naturally be traces to be found." Gao Xian sighed slightly.
After arriving in West Germany, Sir Gao had determined the Germans' last thought, that is, during this wave of operation cycle, they would not follow the United States' interest rate control strategy, and resolutely maintain the independence and autonomy of monetary policy, and make choices based on their own interests.
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To put it bluntly, West Germany no longer maintains a monetary policy that has always been consistent with the United States, and will not raise interest rates this round!
Seeing that West Germany is getting further and further on the road of disobedience, the United States is so angry that it immediately threatened. If you don’t cooperate, I will increase the bank interest rate by a whole percentage point. You must know that this adjustment is not small, at the same time,
The dollar will be allowed to float freely in the international foreign exchange market.
One is Midi and the other is the European economic engine. The two sides fought head-on, which immediately caused the international capital market to surge.
Gao Xian can more or less grasp the inner psychology of the Germans because he was extremely cheated in the history of this century.
In the early days of Weimar after the end of World War I, Germany experienced unimaginable hyperinflation. In 1923, the German mark even depreciated to 4.2 trillion German marks per dollar. How many zeros are there?
If you are interested, you may wish to count it yourself.
There is a joke that describes this situation very vividly. A German worker pushed a trolley and took his salary back. As a result, he encountered a robber on the way and the trolley was stolen...
After the end of World War II, West Germany also experienced a tragic period of inflation.
This memory is like Wall Street's fear of the stock market crash in 1929, which has been engraved into its bones.
Since the collapse of the Bretton Woods system in the early 1970s, the US dollar's depreciation has plummeted. When it is linked to gold, it can be used to call Boyd's nickname US dollars; after it is decoupled from gold, Nikeson's official residence has worked hard to build oil.
The US dollar settlement mechanism has maintained the strong position of the US dollar in the world currency, but it is not enough. So the next Federal Reserve Chairman Paul Volker implemented a tightening monetary policy to reduce the circulation of the US dollar and defend the world currency credit of the US dollar.
Wealth will not fall out of thin air, but it will be a matter of tossing and struggling. In the final analysis, it is to find the gap and pass on the problem.
Since the signing of the Plaza Agreement the previous year, the appreciation of West German mark against the US dollar has caused an increasing negative impact on West German exports.
In West Germany today, there is no East Germany market after the unification of the two Germanys to act as a gap, nor is there a large southern European market like the founding of the EU, and it is not even as promising as a big market in the neighboring Eastern power market.
Under such circumstances, the German elites naturally won’t buy the American dead fellow Taoists.
Wall Street, which is well-informed and experienced in this confrontation, immediately responded to the response. On Friday, October 16, the Dow Jones Index, which had already been pulled back to below 2,500 points, fell by 109 points.
, the decline is quite large.
The logic is not difficult to understand. Since interest rates have increased, sell the stocks and balance the profit and cost. At the same time, the tanker with the American flag was sunk by a missile in the Persian Gulf, which touched the energy.
The sensitive nerves of the market also need to avoid risks.
Besides, Yiben's stock market is so booming, Yiben's official business is going to sell another batch of the largest bonus stock - Japan Telecom Telephone stocks. It is time to free up funds and buy it.
Based on this predictable deterministic logic, although the Dow Jones Index has fallen quite a bit, not many people are completely pessimistic about the future market.
But Gao Xian's nerves became tense. He was from the grassroots staff of the stock exchange. He knew that before the holidays and at the end of the month, smart capital players had subtle psychology because they involved such
Stock trading tx, futures and futures index delivery, etc. are especially mixed with natural factors of the earth's time zone differences. After all, only after making money can there be no accidents.
Due to the severe damage of the hurricane disaster, London, a global financial center, was almost paralyzed, and the London Stock Exchange closed for several hours in advance, obviously unable to respond to Wall Street transactions.
While checking whether there are serious loopholes in his safe-haven deployment, Sir Gao asked about the situation in London. How is it? I have recovered normal traffic? I haven't forgotten that I have to visit my colleagues from the British Central Bank. Now
It has been changed to the finale of the visit schedule!
The reaction here in the UK is quite cautious. There are countless sycamore trees on both sides of the streets of London were cut off by strong winds. Only then did the power system barely return to normal. There are many inconvenient places. Otherwise, Sir Gao waited?
Chapter completed!