Chapter 838 John Bull Who Gloats

After the Latin American debt crisis, Central and South America and the Caribbean have always been areas on high alert for the banking system.

You use national credit to borrow money, and we also give it, and the interest rate is also very low. In the eyes of everyone, the credit of the country is the most reliable.

However, bankers underestimated the bottom line of politicians, or in other words, others didn't care about what they thought was important.

There is a saying that the U.S. imperialists have issued so many bonds that they have no intention of repaying them. If someone forced them to pay their debts, they would rather go to war.

You have to figure out one thing first, what is national credit. And then you're looking at what currency they're borrowing.

Argentina is in trouble with the Latin American debt crisis. They really haven't come out yet, and they are unwilling to accept the harsh conditions of the IMF.

Their logical chain is this, our financial problem is because John Bull started the war. The U.S. imperialists and John Bull are in the same group, and the IMF is controlled by Europe and the U.S. imperialists, so they did it on purpose.

If you want to say that it is unreasonable, the facts are in front of you. Argentina is indeed treated differently.

However, this is no reason for you to renege.

After all, you can't beat others. John Bull is already miserable, and you can still let him gain experience points. Dignity is earned. What you can't get in war is even more impossible on the negotiating table.

"Boss, the peso has plummeted again, with a drop of more than 15% today. Affected by this, the stock markets in the entire Latin American region are plummeting."

"So fast? What are you doing? Why is there no resistance at all." Soros looked depressed. He didn't plan to fight any blitz. You fell so fast that it was too late to sell short.

Shorting a currency means that you first lend pesos to the bank and then sell them in the foreign exchange market. Wait for the exchange rate to meet your expectations, then buy pesos and return them.

If the exchange rate falls too fast, there is not much room for profit. If one is not good, it is also possible to unilaterally announce the termination of the exchange business.

This is no joke, Mexico did it in the last Latin American debt crisis. To put it bluntly, my buddy’s dollar is gone. As for the pesos in your hands, can’t you still buy Mexican pies?

Soros did not dare to let go of shorting the peso, which is generally the reason. There are only 20 billion U.S. dollars in their hands. If they get half of it by three times, five times and two times, they will reproduce the scene in 1986. It really shouldn't be too simple.

Well, anyway, I took off my pants once, and the second time will always be easier. At least, not very embarrassing.

"Boss, in less than two days, they will lose $5 billion. If the IMF doesn't take action, there will definitely be a second debt crisis." "Damn it, what is the White Fund doing?"

"Boss, they have narrowed their short-selling efforts and shifted their targets to securities. By the way, it seems that they have increased their short-selling efforts in Europe.

Boss, after the last debt crisis, no one invested in Latin America? "

"Maybe they're wrong, maybe they're betting on a world recession."

Soros was a little tangled, and a little confused. He really didn't understand, what exactly are the idiots in Peanutton waiting for?

Ma De, if you don’t give them more money, how can I go short with confidence? It wouldn't be embarrassing enough if someone was hanging in mid-air.

That damned William White must also be worried about this, otherwise, how could he only have such a small size.

The old fox actually thought too much. With this level of investment, William White would not care about the process. He just needs to know, um, he earned another 20 million yesterday, which seems a little low. Well, keep working hard.

If you have to do everything by yourself, whether the money is earned or not, it doesn't really mean much. With this skill, it is better to add some exercise.

His eyes turned to Downing Street, where a group of well-dressed bigwigs were celebrating their victory.

The Argentine economy, which had just picked up a bit, was hit hard again. It seemed that they didn't have the energy to tangle with themselves anymore.

For the sake of one Falkland Island, the two families are actually both losers. Of course, John Bull must be better. After all, they have a domineering little cousin, if they really can't do it, they can still go to kneel and beg.

"Guys, we finally don't have to worry about the Falklands anymore. I can't breathe from the damn military spending."

"Long live, God bless John Bull."

Student Gordon was very happy, and his younger brother was even more flattering. Seeing what that means, the Iron Lady shouldn't have gone to war at all, and just engaged in a financial raid.

So easy.

Mr. Nelson would never have won the Battle of Trafalgar if he had known that his posterity was of the sort. Without a decent opponent, it will eventually come to an end.

Speaking of which, their current state is quite similar to that of the old queen. As long as Xiao Lizi told her, well, the foreign devils are in trouble again, and whoever is fighting with whoever again.

The old lady will be very happy when she hears about it. It seems that because of her brilliance and martial arts, she was pinched. Xiao Lizi naturally wouldn't tell her that it was because the robbers did not share the spoils equally, and in the end, the debt would still be settled on her head.

Of course, John Bull's luck is not just because of Argentina's bad luck. In the last Latin American debt crisis, the U.S. imperialists suffered the most, followed by John Bull. That arrogant HSBC almost vomited blood.

This time it's okay, it's other people's bad luck. If you're lucky, it seems that you can still pick up some bargains. Tsk tsk, that arrogant little cousin of mine is quite embarrassing this time.

Others are doing free trade zones, so do you. Look at the current situation, our place is very good, but one of you has already fallen. There are a total of three countries, and the North American trade zone, why don't you set up an American trade zone?

John Bull will know that it's not that the US emperor doesn't want to do it, it's because his reputation is too bad. A group of friends around are all trembling.

Brother, what are you fancying again, let's discuss it, if it's not too much, you can take it away, anyway, I can't beat you.

In less than a week, Mexico's apparent prosperity was completely shattered.

The depreciation of the peso is close to 45%. What kind of concept is this?

That is to say, half of the cash in your hand will be gone in a week. As for those stocks and funds, ahem, if you are lucky, you can get 40% back.

No, if I don't go abroad or buy foreign products, it doesn't seem to matter.

How should I put it, if you are in the Big Rabbit Country, it is indeed not a big problem. Because the prices of necessities of life are restricted to a certain extent, it is impossible for you to speculate unscrupulously.

Mexico can't do it. If you don't want to suffer heavy losses, hurry up and exchange the currency for real goods.

"Damn it, Peanutton is still arguing. It's been a week. Don't they know that Mexico has serious inflation."

"Paul, Clinton did his best. He doesn't want any economic crisis, and he doesn't want to see any inflation. The current economy in the United States is very good, and he doesn't want to see any uncertainty."

When he ran into the former boss of the US Federal Reserve, Greenspan must also remain respectful. Paul Volcker is very wary of inflation and is very dissatisfied with today's quantitative easing. You bastards, you really think that all these inflations can be wholesaled.

"Alan, this time is in big trouble. It will be Christmas soon. Even if they argue for a result, it may be too late."