Chapter 839 You Are Already in the Pit

From the Fed's standpoint, it's nonsense to say how much they care about Mexico. What they care most about, of course, is the interests of the United States.

The world today is not the world it was a few decades ago. The world became smaller and smoother. Whether it is currency or means of production, you must look at it from a global perspective.

Investors retreated frantically, and these funds naturally needed to find suitable investment targets.

There is no doubt that as long as the world is in turmoil, the risk aversion of capital will soar, so the most suitable investment target will naturally be the United States.

Higher economic growth, lower inflation. This is what all countries want to see. If you can't find a way out for these funds, Paul Volcker's efforts over the years will be in vain.

Speaking of which, this is the reason why he is so angry.

"Nick, you're crazy, do you even know what you're doing?"

"George, we have no choice. Don't forget, I'm a genius trader."

"Nick, that account has already lost tens of millions, no, I can't continue, you are simply crazy."

In a holiday villa in Sentosa, two guys who were still in suits had a fierce quarrel.

Once leverage is added to securities investment, it has nothing to do with investment. To put it bluntly, it is speculation, but to put it bluntly, it is actually gambling.

With 10,000 lots of Nikkei contracts, if the stock index goes up or down, there will be hundreds of thousands of changes in the account of Barings Bank.

It's not Japanese yen. If it's Japanese yen, it will cost tens of millions. The Nikkei index is around 18,000 points, and if it changes by one point, you can buy a house in Tokyo.

You tell me this is an investment?

Stop talking nonsense, when you say this, do you believe it yourself?

The result of the quarrel between the two, of course, was George's compromise. Anyway, they have already lost so much, and if they are asked to take up posts now, they will probably be imprisoned. Instead of that, just fight it out.

Poor George would never have imagined that in the end, the futures they bought would no longer be in the tens of millions. When Nick Leeson was in exile, they held 100,000 lots of Nikkei futures alone. as much.

Haha, let alone rookies like them, neither Soros nor White Investment dared to play like this.

Nima, it's so exciting, the stock index rises by 1 point, and the profit is several million dollars.

Of course, it's equally exciting when you hit the street. Anyway, when Nick Leeson was arrested, his whole body was numb. Rather than saying that he is desperate, it is better to say that he has become a walking dead.

If you want to run away, why do you go to Europe, you should go to Africa.

The bigwigs celebrating in Downing Street must not have guessed that their banks have indeed avoided the Mexican pit. Unfortunately, they jumped into the hole they dug.

Barings Bank is not a small bank, it is one of the banks that help their old lady manage their property. So, how big this impact is, that is needless to say.

Fortunately, all eggs are not put in one basket. Otherwise, there will only be Ya Die.

What? Why do you know Mao so clearly.

Ahem, there is an unreliable director who brought this movie to the big screen. Although there are not many people to support him, he is still a bit famous.

Unfortunately, Nick Leeson has no way to benefit from it. Some of the few royalties were also taken away by those creditors. Ahem, this guy's book writing skills are obviously not good, and such a good subject matter has not become a bestseller.

The inspiration of this incident to William White is that rights must be restricted. Trader permissions must be controlled.

William White was a little surprised that this Barings Bank could last for more than two hundred years.

Oh, that's the level of management.

In his opinion, under this kind of loose management, it is a miracle that it can survive for more than two hundred years.

"Damn it, what kind of bullshit plan is this? Well, needless to say, the price of oil must have collapsed."

"Yes, boss, they let Mexican low-priced oil into the market, and the price of oil immediately plummeted. Just now, it has fallen below 14 dollars."

Oil prices fell again, and of course William White was upset. He doesn't have many petrochemical plants in the United States, and he can't enjoy cheap Mexican oil.

As for who will benefit?

Naturally, Exxon and Mobil.

Hehe, on one side are the Seven Bell Brothers, and here are the Standard Two Brothers. Nima, there is the shadow of the Rockefeller consortium behind it.

"Old fellow, count you as ruthless.

Tsk tsk, Filson, is it possible to throw this oil back into the well. "

Facing William White, who had a big brain hole, Felson was also big-headed. Coke, coal, and iron ore are simple, and reducing the mining speed means that your mine is still yours.

Petroleum is different, don't talk about strategic reserves, that thing is not for profit at all.

"It's not worth it, boss. It is an indisputable fact that the economic growth in North America is slowing down. If the situation worsens, the price of oil will drop again.

It's expensive to store that stuff, and as far as refilling the well, boss, we're offshore rigs the most. "

"Oh, these bastards, I hope they know what they're doing. I can't see that Standard Oil's roots are so deep."

For some things, you don't need to look for evidence. Whoever benefits the most and who is most suspected is as simple as that.

What? Mexico's economy already has problems, and excessive borrowing does not solve the economic plight.

Well, that's right, if it wasn't for joining the North American Free Trade Area, although their life is still very hard, there is no possibility of collapse.

It's been less than a year. If there is no direct relationship, no one will believe it.

At least, if the agricultural products of the United States are not allowed to go straight in, their farmers will not go bankrupt. Not to mention that the amount of exports cannot keep up with imports, even if they can barely match, they will still rush to the street.

The factories of Miguo and Footbath in Mexico only produce these things. You can't provide these spare parts, and the added value of the product has nothing to do with you.

It's a pity that Mexico has obviously been tricked by the United States.

This is the end of the matter, and it would be ridiculous to say that you regret it. Of course, if they have no idea, there will still be a way. If it doesn't work, then get out of the group.

"Yes, boss, it will be bad if it goes on."

"Is it bad? Filson, don't worry, those old people don't care. I don't really care. It's just that there will be many South American friends in the United States in the future.

Alas, nothing more than improving football a bit. "

William White's ridicule, Felson deeply agrees. With such a long border, you can really walk casually. Walk your dog a little further, and you might go abroad.

"Boss, the White Fund's harvest is not bad, enough to make up for this part of the loss.

By the way, Mobil and Exxon are a little strange. They have been at odds for some time ago, but their recent actions are very consistent.

Is it possible that they plan to remarry again? "

"Hahaha, hahaha, this anti-monopoly is really interesting. It has been dismantled and dismantled. In the end, it is still the result of huddling together for warmth. I just don't know if those little Bells will merge.

Tsk tsk, they might not agree to my acquisition. It's so funny that a laboratory came forward to buy it. "

In troubled times, William White can only stay in the United States. Of course, his kids liked it even more. Lanai, more for those older guys.