Siheyuan: I am not Xu Damao

With the help of the space steward, Xu Damao was finally liberated.

Although Xu Damao’s space cannot completely cover the island of Madagascar.

However, covering all cities is still possible.

After all, in terms of height, it only needs to be controlled at 500 meters, which is more than enough.

Before preparing to return to Xiangjiang, Xu Damao went to the place where those Chinese scientific researchers were under house arrest.

"Everyone, I'm sorry to put you under house arrest."

"On the one hand, it is for your safety, and on the other hand, it is for the safety of China."

"Mr. Xu, we can understand, but can we only live in this imprisoned state in the future?"

Xu Damao shook his head.

"If anyone wants to go back, I can secretly escort you back."

"However, I will definitely be monitored by the above after I return."

"I have another option here."

"Then continue to settle here."

"In fact, I have planned to build a nuclear power plant here for a long time."

"You are all nuclear experts and can definitely assist me in completing this nuclear power plant."

"If you are willing, I will announce the opening of a nuclear power plant project in the near future."

"Then I will contact the country and ask someone to pretend to be you and come from China."

"After that, you can live in Madagascar with dignity."

"However, your living scope will still be limited."

"Now Madagascar is full of spies from various countries, which is very unsafe for you."

In the end, three people chose to go back.

Xu Damao didn't say much. He respected these people's choices.

However, the lives of these three people may not be more free than in Madagascar.

XNUM X Year X NUM X Month.

Xu Damao returned to Xiangjiang.

He wants to see a show.

A big show of shorting Eagle Country Eagle Pound.

The wheel of history has reached that point.

Thorash, Chen Yao, and Andrew are also fully prepared.

The European Community is dominated by Germany.

The eagle pound of Eagle Country is bound to the German mark.

There is no independent monetary policy between them.

To put it simply, if the Mark raises interest rates, the Eagle Pound will also raise interest rates.

If Mark cuts interest rates, Eagle Pound will automatically follow suit and that’s it.

When Germany had no choice but to raise interest rates in order to cope with high domestic inflation.

Eagle Country's already weak economy is even worse.

Eagle Country is now facing an economic downturn, fiscal contraction, but rising inflation.

This situation did not arise suddenly.

But after the fall of the Berlin Wall in 1990, the Gulf War in 1991, and the Eagle Country's continuous interest rate increases in the late 80s.

All of this resulted in qualitative change from quantitative change.

Just the day before the attack.

Thorash and Chen Yao still had some disputes.

Although Xu Damao knew what would happen in the future, he did not get involved.

This is Chen Yao’s path of growth and evolution.

The point of dispute between the two is whether the Eagle Congress will raise interest rates.

Another question is whether Germany will cut interest rates to save the country.

"Chen Yao, Yingguo will definitely not raise interest rates."

"From one point of view, it can be determined that the housing mortgage loans in Eagle Country all carry floating interest rates."

"If the Eagle Country raises interest rates to protect the exchange rate, the default rate on mortgage loans will immediately exceed the red line."

"This will cause the fragile economy of Eagle Country to collapse immediately, so Eagle Country will definitely not dare to raise interest rates."

"But Solash, the financial community in Eagle Country published a joint letter in The Times last year."

"We have publicly called on the Eagle Country to withdraw from the alliance, and business leaders have written to the Prime Minister, asking the Eagle Country Bank to lower interest rates and allow the Eagle Pound to depreciate."

"Unless the Prime Minister of Eagle Country and his Minister of Finance are fools, they will not be able to see the problems inside."

"Chen Yao, Major and his finance minister certainly know that, but Thatcher has set too deep a tone for the Eagle Country, and the Conservative Party will not easily make changes."

"Also, there are a series of benefits for them to fix the exchange rate."

"So we just need to solve it quickly and there will be no problem at all."

"Eagle Country has foreign exchange reserves of US$200 billion and foreign debt of nearly US$140 billion."

"We now have more than $450 billion in funds, so shorting the Eagle Pound is not a problem at all."

"What about Germany? Are you sure that Germany will not cut interest rates to protect the eagle pound?"

"And Germany is also facing rising fiscal deficits and rising inflation."

"It stands to reason that Germany will also experience currency depreciation."

"Haha, that's impossible."

"First of all, the so-called fixed exchange rate is just wishful thinking of those countries."

"Germany has its own independent monetary policy, and you have to know that German money is spent on factories that provide jobs for East Germans."

"These factories make investors think they will get back the money they loaned out and make a profit."

"This is the question of whether the country's credit is worth anything, why it borrows debt, and what the purpose of expanding fiscal spending is."

"So you see, investors are willing to borrow money and are optimistic about Germany's development, so why should the mark depreciate?"

Chen Yao's question did not come out of nowhere, but sometimes when looking at a problem, you need to extract valid information from all aspects and then support your own inference.

In the end, Chen Yao recognized Sorash's explanation

A month later, Sorash was the first to attack.

His Quantum Fund first sold off 15 billion eagle pounds.

And some other macro funds and some multinational companies that have been engaged in arbitrage operations for a long time have also begun to sell weak European currencies in the market.

Chen Yao, followed closely by Andrew.

As Sorash predicted, when other members of the European Community asked Germany to cut interest rates.

The president of the Bundesbank said in a public speech that he could not make promises about future interest rates.

And expressed a lack of confidence in the fixed exchange rate.

The subtext of this statement is actually to maintain Germany's independent monetary policy.

The next day, Finland jumped on the bandwagon and announced that it would abandon its fixed exchange rate system, devaluing its currency by 15%.

Subsequently, Sweden and Italy rushed to the street one after another.

It was at this time that Sorash and others mobilized US$200 billion to further short the Eagle Pound.

The Eagle Country immediately responded and mobilized 220 billion eagle pounds to defend the lower limit of the exchange rate for the German mark.

Two days later, Sorash and others continued to invest US$200 billion.

The Eagle Nation exhausted all its resources and announced its withdrawal from the Union exchange rate system.

Eagle pounds fell 15% instantly.

This battle is over.

Sorash became famous in one battle and earned nearly $15 billion from it.

At the same time, he also successfully entered the circle of Jews at the top.

Chen Yao and Andrew also quietly gnawed a large piece of meat.

After this battle, the international short selling war began.