Li Zhongxin didn't remember anything else about what Komura Huika said. He remembered Mitsui Masako wanted to do something big in Thailand.

Li Zhongxin knew that Masako Mitsui liked to do big things. Masako Mitsui had that kind of personality and a kind of person. If she had nothing to do, she would not let Mitsui cut her meat when she had nothing to do.

Masako knew that if she knew it, she would be very anxious.

At this time, Masako Mitsui is in charge of the allocation of funds and coordination of various aspects. In terms of operation, Li Zhongxin still feels that it must be Meika Komura. If Masako Mitsui comes to operate this matter, it will not take long.

It will be known to others. Not to mention that Tadistant Mitsui Bank will suffer a devastating blow, that will be almost the same.

Soros and Chuanxin Mitsui Bank are very different. Although Soros was not born in the United States, but was born in Budapest, Hungary, Soros' experience and final destination were very good. In the 1950s and 1960s, Soros

Ross had already settled in the United States and regarded himself as an American. His fund at this time was also a fund recognized by the United States.

If it weren't for this reason, Soros wouldn't have caused bloody storms around the world without any punishment.

Soros's path to success is very legendary. Li Zhongxin knows many of Soros' successful cases. In 1960, Soros conducted a successful experiment on foreign financial markets for the first time.

Through investigation, Soros found that due to the rise in Allianz's stock and real estate business, its stock price was greatly reduced compared to the asset value, so he suggested that people buy Allianz's stock.

Because of Soros' analysis, Morgan Guarantee and Dreyfus bought a large number of shares in Allianz, but others did not believe that, in fact, Soros was right, and the value of Allianz shares tripled.

Soros gained fame.

In 1973, Egypt and Syria invaded Israel in a massive attack, but Israel suffered a crushing defeat due to its weapons lag behind.

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From this war, Soros thought that the US weapons and equipment might also be outdated, and the US Department of Defense might spend huge sums of money to re-equip the army with new weapons. So Soros Fund began to invest in stocks of companies that had a large number of ordering contracts from the Ministry of Defense.

These investments have brought huge profits to the Soros Fund.

The world's largest investor, Jim Rogers, jointly established a "quantum fund" with "commodity king" Jim Rogers, who made a profit of more than $2 billion. He was called "the person who defeated the Bank of England". Soros' personal income reached 6.8.

$10 million, ranked first in the top ten Wall Street revenue rankings in 1992.

Soros, who believes in the investment philosophy of "the prey on the weak", founded the "First Eagle Fund" in 1968, the predecessor of the Quantum Fund, to making $2 billion in sniping the pound in 1992, and ranked on the Wall Street Monopoly Ranking in 1993.

After Soros successfully sniped the pound, he was called a man who shorted the Bank of England by many people in the world.

At that time, the news titles were all about fighting against the whole of Britain by one person. Li Zhongxin also understood in his heart that Soros was definitely not alone, and there was also a lot of international capital behind him to eat meat.

It's like a wolf smells the prey. When a wolf smells the smell, other wolves will join the hunting. The prey is chased and intercepted, and finally becomes a feast for the wolf pack. The reality is the same. Wolves are like international capital, and the prey is

Like the UK at that time.

Under the background of that time, after World War II, the economy of European countries declined severely, and the United States came from behind. In order to get rid of the constraints of the United States, European countries hoped to unite to keep warm, so the European Community Alliance was established. Since there was no euro at that time, European countries had no euro at that time, European countries had a

The European exchange rate mechanism was formulated.

Simply put, it is to link the currency exchange rates of European countries, so that the currency exchanges of various countries are more stable, which can prevent countries within the alliance from actively depreciating their currency exchange rates in order to promote their foreign trade exports. The EU countries are united in external ways to avoid internal arising.

dispute.

It is precisely because of the European currency rules that attracted the attention of international hot money that international short capital led by Soros soon discovered huge loopholes.

Li Zhongxin studied that aspect at that time and made some money when Soros sniped the pound, so Li Zhongxin was more clear about this.

Due to European currency rules, the UK needs to peg its currency exchange rate to the German mark, so that the exchange rate will only fluctuate in a small range. Therefore, the German mark appreciates, and the pound appreciates; the mark depreciates, and the pound depreciates. The exchange rate is in line with the central bank interest rate of a country.

Policy is related, so interest rates in European countries within the alliance must also rise and fall together.

But the problem is that a country's central bank's interest rate policy cannot change with external rules.

For example, the European exchange rate mechanism should not limit the space for interest rate policies. A country's interest rate policy should depend on the country's economic situation.

For example, if a country's economy is overheated, it will lead to inflation, that is, there is too much money in the market. At this time, the central bank will have to come out to cool down and increase interest rates.

People see that interest rates have increased, and some people who want to consume may have to deposit their bank; some people who want to invest in real estate or other assets will change their strategies and deposit money in the bank for interest; some people who want to take out loans to expand the production scale of enterprises

, we must consider the current high interest rates of banks.

If the economy is too weak, that is, deflation, the central bank will lower interest rates, promote everyone to withdraw money and stimulate the economy.

The economic situation between Germany and Britain at that time was exactly the opposite. After the collapse of the Berlin Wall in Germany in 1989, the East and West Germany were integrated. In order to stimulate the fiscal deficit caused by the high welfare policy of the economy at that time, the German government began to print money crazily, leading to Germany's stimulation of the economic and financial deficit caused by the high welfare policy of the government.

Inflation began a few years later, which also laid the groundwork for Soros to short the pound.

Later, in order to cope with inflation, the German government significantly increased the central bank's interest, which would help cool the economy and offset inflation.

At that time, Britain was experiencing an economic recession and needed the central bank to lower interest rates to stimulate the economy. However, due to the European exchange rate mechanism mentioned earlier, Britain could only raise central bank interest rates with Germany, and the pound would appreciate along with Mark.

Investors have unique insights about the fact that raising interest rates and currency will also appreciate. According to Li Zhongxin's idea, if the interest rate of the central bank in Country A is higher than that of Country B, investors in Country B will exchange their money for A.

If the country's money is deposited in Country A, a large amount of exchange will cause the money of Country A to appreciate compared to Country B.
Chapter completed!