Rebirth in 1989: Building a Chinese Technological Empire

Time slowly came to September, and the whole of Europe seemed to be filled with an invisible and intangible cloud.

Now many countries are waiting for Germany to make a statement, and so are the wolves on Wall Street. Xu Huasheng's team is also watching.

Because this time, Xu Huasheng mobilized a lot of funds. In the pound market alone, 10 billion US dollars were mobilized.

This 10 billion US dollars, ten times leverage, is a gamble on the exchange rate of the pound against the US dollar.

10 billion US dollars, ten times leverage, this is a 100 billion position betting on the exchange rate futures of the pound against the US dollar. This sum of money is ready to pit the pound to death.

This is courage, this ability to mobilize funds, even Soros's Quantum Fund has to stand aside.

For safety reasons, Xu Huasheng also mobilized 6 billion US dollars to buy the pound. These 6 billion US dollars are to help Soros and others desperately smash the exchange rate of the pound in the final stage. The more it is smashed, the more Xu Huasheng will earn.

At the same time, Xu Huasheng also used 50 US dollars and used multiple leverage to deploy in Finland, Sweden, and Italy.

It would be a waste not to pick up the opportunity to make money for free. Anyway, there is enough money in hand now, and it is completely possible to deploy.

The current economic situation in Europe is seen by many people and many countries.

Entering September, the news reports in Europe have been focusing on Germany in the past few days. Now European countries hope that Germany can cut interest rates, because only if Germany cuts interest rates can they be saved.

But Germany obviously cannot damage its own interests and the independence of the German central bank for the interests of other countries. Although European integration needs to build the US dollar, Germany is not a fool. The euro is the euro, the mark is the mark, and the mark still needs to maintain its independence.

"The big show is about to begin..."

In the office of Quantum Fund, Soros hung up the phone with a light in his eyes.

The overall situation has been determined, and the big show is about to begin.

September 8, 1992, Finland!

Finland has a hard time during this period, because the exchange rate of the Finnish mark and the German mark is directly linked. After Germany raised interest rates, many Finns exchanged their Finnish marks for German marks, after all, the interest rate of German marks was high.

By September, the exchange rate of Finnish marks against German marks continued to fall. In order to maintain the currency price, the Finnish central bank had to sell German marks to buy Finnish marks, but the Finnish mark continued to fall.

The Finnish central bank had no choice, after all, they held limited German marks.

So, they took action.

Just today, the Finnish government directly announced that the Finnish mark and the German mark were decoupled and a free exchange rate was achieved.

When this news was announced, many people smelled a different smell.

And this piece of news also caused the Finnish mark to plummet a lot. And Wall Street capital, which had already laid out Finland, began to reap.

Because they were involved in all this, they had guessed that Finland could not hold on.

"It's started..."

Huaxia, Xu Huasheng's face was full of smiles after receiving the call.

Sure enough, just like the original time and space, Finland was the first to fail, and Finland was the fuse, the fuse that directly overturned the European currency.

"Keep it steady, remember not to expose yourself in the early stage, the pound is our main target."

Xu Huasheng explained that whether it is Finland, Sweden or Italy, they are all appetizers, and Xu Huasheng and his team only need to pick up some leaks in these places.

The real big head is the pound.

The collapse of Finland is like a fuse, which directly detonated the currency crisis in Europe.

On September 9, Wall Street capital attacked Sweden, and Sweden's overnight interest rate soared to 75%, and Sweden fell.

Then Wall Street capital entered Italy, and the exchange rate of the Italian lira began to plummet. Italy's announcement of an interest rate hike was useless.

On September 11, the exchange rate of the Italian lira fell below the maximum lower limit allowed by the European Monetary System, and Wall Street capital won another victory.

At this moment, a dark cloud permeated the whole of Europe.

Especially the UK, but the UK at this moment is still a little optimistic. They feel that the crisis will not fall on them. They also have their reasons.

First, the Bank of England has successfully resisted the impact on the pound since August.

Second, on September 3, the Bank of England raised $14 billion to defend the pound.

Third, the German central bank has cut interest rates by 0.25%.

These three reasons are good news in their eyes.

On Monday, September 14, 1992, the battle for the pound officially began!

Soros and his team officially started to sell off their pounds, but this time the sale was just a small test. The Bank of England repurchased $700 million of pounds, and the news of Germany's interest rate cut over the weekend made the pound exchange rate recover a little.

"Mr. Lamont, it's bad..."

On September 15, 1992, British time, a staff member suddenly broke into Lamont's office with a newspaper in his hand.

"What's wrong?"

Lamont asked quickly. As the British Chancellor of the Exchequer, Lamont has been having a headache recently.

"Why don't you read it yourself?"

The staff member handed the newspaper to Lamont, and Lamont quickly read it.

After seeing the content, Lamont looked ashen.

This is a message from the Wall Street Journal. German Central Bank President Schlesinger was interviewed by the Wall Street Journal and the German Handelsblatt.

In this newspaper, it is pointed out that the German Central Bank President believes that a broad adjustment of European currency exchange rates will be better than a separate adjustment of the lira.

Lamont was shocked and his breathing became heavier. Schlesinger's speech was equivalent to calling for a devaluation of the pound.

The words of the German Central Bank President represent Germany's attitude.

"Get Schlesinger to me immediately and let Germany issue a statement to refute the rumor. They can't do this..."

Lamont was anxious, really anxious.

This newspaper is simply pitting Britain to death.

Just when Lamont was anxious, in the United States, on Wall Street, Soros's Quantum Fund also announced that it would sell the pound.

"Mr. Miller, our general offensive has begun..."

Inside the Quantum Fund, Soros said with a smile.

"Yes, it has begun. Tomorrow is the last battle..."

Druckernmiller smiled and looked forward to it. Looking forward to the last battle tomorrow. If they win tomorrow, they can make more than a billion dollars in the pound market alone.

They are waiting, and Xu Huasheng is also waiting, waiting to take action at a critical moment tomorrow, and directly join hands with Soros to directly crash the pound.

Doesn't Rothschild like to play with finance? Then let Rothschild try the taste of finance this time. See if their Bank of England is powerful, or Soros and other Wall Street capital are powerful.

This is not just a competition between two capitals, but also a competition between the soft power of two countries. Europe wants to build the euro, and if the United States does not trip them up, it would not be called the United States.