Rebirth in 1985

Chapter 2 Financial Crisis ()

It was late at night and the weather was cold. They should have gone to bed early and taken a good sleep, but the villa where Lu Shaohua lived was still brightly lit, and the hall on the first floor was bustling with activity. Neither Liu Mingzhang nor Li Zongen had any intention of going to bed. Instead, they followed Lu Shaohua and sat on the sofa, staring at the TV screen.

It is December 19th, and in a few minutes it will be the 20th. Late tonight, the Mexican government will announce a resolution to devalue the peso. Lu Shaohua and his friends did not go to bed and watched the news on TV in order to get the news as soon as possible.

However, before long, the time jumped to midnight, and the TV station also started the midnight news. The first news of the midnight news was about the official government's plan to devalue the peso.

After seeing the news, Lu Shaohua finally breathed a sigh of relief. His goal had been achieved. He picked up the remote control and turned off the TV. Then he glanced at everyone and said, "The financial crisis has already taken shape. The peso will definitely plummet tomorrow. It's up to you guys to do what you want next."

At that time, Lu Shaohua estimated that the peso would depreciate, and the old man surnamed Feng was still skeptical. But when he saw the news, the old man surnamed Feng's suspicion disappeared. He looked at Lu Shaohua as if he were a monster and couldn't say a word for a long time.

Unlike the old man surnamed Feng, Liu Mingzhang and Li Zongen were not surprised at all. They were excited at this moment, expressing their inner excitement. This news was like a clarion call for attack. They could finally start to join the battle against the financial crisis.

"No problem, we will definitely perform beautifully tomorrow." Liu Mingzhang was the first to express his opinion.

"Yeah." Li Zongen also followed suit.

Needless to say, the old man surnamed Feng nodded heavily, indicating that he would do it well.

In fact, although Lu Shaohua has the command power, the state funds belong to the state after all, and Lu Shaohua will not interfere. He just needs to let the old man surnamed Feng take the funds and follow Liu Mingzhang and others to operate. Other matters are not his business.

"Okay." Lu Shaohua responded cheerfully, and then reminded him. "Although we have set up the game in advance, we can't be too relaxed. We still need to remain vigilant. The financial crisis has already occurred. The noses of those international speculators are sharper than dogs. Many of them will come here after hearing the news. We must be careful, otherwise there is a high possibility that they will disrupt the game."

At the end, Lu Shaohua paused for a moment and then continued, "Another thing is to watch out for Soros. I believe he has already come to Mexico. Like us, he may have set up a plan in advance. So, you need to pay more attention to the movement of funds in the market and take action in advance if there is anything wrong."

Lu Shaohua's words allowed them to take action in advance, but this was only under special circumstances. Under normal circumstances, they still had to follow his plan.

"I understand." Liu Mingzhang had followed Lu Shaohua for the longest time. He knew Lu Shaohua better than the other two. He naturally knew that what Lu Shaohua said was equivalent to saying nothing.

Li Zongen and the old man surnamed Feng nodded to show that they understood.

"Well, everyone go and rest. We have a tough battle tomorrow."

The next morning, Lu Shaohua got up early, but he was still late because Liu Mingzhang and the others had already gone out, each with their own men guarding the securities office. Fortunately, he knew where the securities office was and could go there by himself.

After having some breakfast, Lu Shaohua got ready, called Li Shangkui and others, and headed towards the securities exchange.

The resolution announced by the Mexican government last night undoubtedly stimulated a large number of foreign investors. Foreign investors sold their pesos and rushed to buy US dollars, which suddenly exacerbated the decline of the peso. In addition, the Mexican government lowered the exchange rate ratio, and the exchange rate between the peso and the US dollar increased.

However, the depreciation of the peso is beneficial to Lu Shaohua, because Lu Shaohua and his team are speculating on the depreciation of the peso. The more the peso falls, the more money Lu Shaohua and his team will make.

A day passed quickly, in the blink of an eye. Lu Shaohua did not stay in the securities exchange for a whole day, but only stayed for two hours before leaving and returning to his residence. The same thing happened in the afternoon. He did not go out and stayed in his residence the whole time. As for how much the peso had fallen, we would have to wait for Liu Mingzhang and the others to come back to find out.

Time passed quickly. At nearly six o'clock in the afternoon, Liu Mingzhang and his team came back. As soon as they got back to work, they all lay down on the sofa, looking very tired.

Come to think of it, speculation in exchange rates may seem like superficial work, but every time the exchange rate drops by one point, they have to bear tremendous pressure in their hearts. Therefore, even though they do not do any physical work, their mental exhaustion is enough to make them feel tired, so it is normal to feel fatigued.

Lu Shaohua didn't care whether they were tired or not, he asked immediately. "How was your day? How much did you fall?"

Lu Shaohua did not ask whether there was a drop, but avoided this question and directly asked how much it had dropped.

"13%." Although Liu Mingzhang was very tired, he perked up when he heard Lu Shaohua ask how much the currency had dropped. He sat up straight with excitement and answered with a gloating tone. He then continued, "Originally, 1 US dollar was exchanged for 3.47 pesos, but now it is 1 US dollar for 3.925 pesos, a drop of 0.455."

Don't underestimate this 0.455. It is a big deal for a country's exchange rate. If you say that normally 34.7 US dollars can be exchanged for 39.25 pesos, but now it has become US dollars for pesos, then what about US dollars? US dollars, , or million?

The higher the value of the US dollar, the more pesos you can convert into, and the more things you can buy in Mexico. It's an easy formula to calculate.

"Yeah." Lu Shaohua nodded in satisfaction, but he was not satisfied with the drop, but the 13% drop was exactly the same as he remembered, which made Lu Shaohua finally feel relieved. "According to this trend, the price will continue to fall tomorrow."

"This is inevitable." Liu Mingzhang said confidently, and then made another guess. "Based on the current situation, tomorrow's drop will be at least 10%, yes, at least."

Lu Shaohua smiled, glanced at Liu Mingzhang, then turned his attention to the other two and asked, "Guess how much the stock will drop tomorrow?

"It has already plunged 13% today, and a large number of foreign investors still have pesos in their hands. They will continue to 'release' large quantities tomorrow. I estimate that the decline will be at least one percentage point more than today, 14%." Li Zongen did not admit defeat and made the second guess.

"Yeah." Lu Shaohua nodded, turned his gaze to the old man surnamed Feng, and asked, "Mr. Feng, how much do you think it will fall?"

"It's hard to guess." The old man surnamed Feng was cautious by nature. He said this calmly and then continued, "But judging from the current situation, the market will definitely fall tomorrow, but it may not fall much. Compared with the 13% plunge today, it is already a lot. My guess is not as much as Mr. Liu and Mr. Li, and it is estimated to be no more than 10%."

"Haha!" Lu Shaohua laughed wildly. According to his memory, the peso will continue to fall tomorrow, and it will fall sharply. As for the magnitude, everyone guessed it wrong. "Mr. Feng, how about we make a bet? The decline tomorrow will definitely exceed 10%."

"Let's make a bet. OK." The old man surnamed Feng suddenly perked up. He believed that he would not be wrong with his years of experience. Now that Lu Shaohua wanted to make a bet with him, how could he be afraid of Lu Shaohua when he was firm in his guess? He said generously.

"Okay, let's wait and see." After saying that, Lu Shaohua looked at Liu Mingzhang and Li Zongen and said, "You can also come together. I bet your guesses will all be wrong."

"Let's make a bet." Liu Mingzhang suddenly got excited and sat up straight, looking like he was afraid of the other person. "Well, since we're going to make a bet, how can we not have some stakes? How about this, if I win the bet, the commission will be doubled, how about that?"

"Me too. My commission will be doubled." Li Zongen was not to be outdone, as if he was very confident in his guess.

"What if you lose?" Lu Shaohua was no fool. They said the prize was that if they won, their commission would be doubled, but they didn't say what to do if they lost!

"If you lose, don't take the commission, just the bonus." Liu Mingzhang was very generous. He took out the commission to bet with Lu Shaohua, which was worth tens of millions of dollars.

"I'm the same. I don't want commission, just bonus." Li Zongen also said.

"Hehe!" Lu Shaohua laughed and said, "Okay, that's it, but you should still confirm the amplitude again. Um, Mr. Feng, you can be a witness."

Although the old man surnamed Feng didn't know what percentage of commission Liu Mingzhang and his friends could get, he knew it shouldn't be too little. Now that they were actually making a bet and asking him to be a witness, he felt helpless. However, since Lu Shaohua had already spoken, how could he postpone it? He nodded to indicate that there was no problem, and did not say anything else.

"Okay, now that we have found the witness, we will report the amount again. Well, don't deny it if you lose." Over the years, Liu Mingzhang and Li Zongen have become multi-millionaires. Even if they lose the commission this time, it's no big deal. Lu Shaohua can still make more money. Besides, it's a sure win, so there's no reason for Lu Shaohua not to gamble.

“11%。”刘铭章很快就报出自己的猜测，最后还不忘加上一句。“我这个11%是指从11%到11.99%的，如果超过12%或是低于11%，就算是我输。”

"Okay." Lu Shaohua agreed readily and asked Li Zongen, "What about you?"

"14%." Same as the inscription.

"Okay." Lu Shaohua nodded seriously. He was already very happy in his heart because according to his memory, their guesses were all wrong, which meant that both of them lost. He could earn tens of millions of dollars more. Naturally, he was very happy.

However, Lu Shaohua did not say his guess, and there was no need to say it out, because the answer would be revealed tomorrow, and it would be redundant to say it out now.