Rebirth of the Financial Overlord

Finland has vast forest resources and oil resources, and has the world's most advanced papermaking technology and pulp production technology. With its developed light industry, Finland has become one of the richest countries in Europe.

Its summer scenery and winter snow scene are always the most fascinating, and its villas submerged in the greenery always make people feel the beauty of nature. In summer, take a fishing rod, bring a drink, lean on the pier or the riverside path to fish, chat with the beauties, the fresh air, the pleasing scenery, it is like going to heaven.

And when it comes to winter, in the snowy world, people always look forward to Santa Claus wearing a red suit and a Christmas hat, driving a deer and drawing a sleigh, sending Christmas blessings to people.

Finland is as beautiful as a fairy tale.

I love Finland and everything there.

So today I have to warn the Bank of Finland that Finland is facing a huge crisis.

Not long ago, the German central bank raised the benchmark interest rate again, a historically rare 1.5 basis points, bringing the German executive interest rate to 7.6 percent, and commercial bank interest rates even to 8.3, but in Finland, deposit and loan interest rates are only 1.5 percent, up to

The interest rate difference of nearly seven is bound to accelerate the outflow of Finnish capital.

Think about it, if the money is withdrawn from the Bank of Finland and deposited in the Bundesbank, the annual income will be 7% more. What is the concept?

For a company with good performance and good management, the normal annualized rate of return is at most ten percent, and it also bears huge risks of market fluctuations. However, the German Bank has the central bank to back it up, so it is an investment without any risk.

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The market is the only criterion for measuring results, and it is always correct. In just five months, HEX has fallen by 50%, which has turned the wealth of countless investors into ashes, and even Si The stock of Dora Enso has also fallen to the pledge risk control line.

In addition, Fenlin and Nokia Group have had a huge impact on Finland's paper industry in the changes in the Eastern European market. Fenlin had to lay off employees and cut wages, and Nokia Group was even forced to cut off all forestry structures.

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We can see the efforts made by Finnish enterprises in the difficult situation, but these are not enough. Now Finland needs to release more capital to stimulate inflation, to ease the recession of the economy, and to allow enterprises to have more Funds are invested in new technology research and development, so that workers who have lost their jobs can find jobs as soon as possible.”

“But what is the Bank of Finland doing? They’re sitting back and watching the Finnish economy recede and they’re doing nothing, they’re watching businesses go bankrupt and they’re doing nothing.”

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Stora Enso's stock price has reached the risk line. Once it falls below the risk control line of the banking system, banks will have to reduce losses to deal with Stora Enso's stock.

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Furthermore, Stora Enso has tens of thousands of employees, and nearly 50,000 people related to the industry. Once Stora Enso goes bankrupt, it will be a disaster.

And Fenlin, Nokia

If large-scale corporate failures occur, these risks will be passed on to the banks, and eventually, it is likely to lead to the collapse of the banking system.

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I love Finland. Every year, my favorite thing is to go to Finland to participate in winter skiing in winter and enjoy the clean and white natural scenery. I really don't want Finland to fall into a huge crisis because of the economy. But unfortunately, I have foreseen that Finland is going to hell.

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Here, I must solemnly issue my warning.

The Bank of Finland must make changes to stop the downward economy. The lives of millions of people urgently need a more accommodative monetary policy to prevent the Finnish economy from continuing to decline.

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Looking at the newspaper in his hand, An Ning's face turned livid, his already red eyes were even bloodshot, and even his lips were blown open several times without a sound, and traces of blood seeped out from the openings .

From the interest rate difference between Germany and Finland, to the economic situation in Finland, and from the major listed companies in Finland to the banking system. It is clear, simple and easy to understand, without any embellishments, all of which are real difficulties faced by Finland. Finally, it summed up how Finland should make changes in order to solve the current crisis, and sent blessings.

As the governor of the central bank, how could An Ning not know the causes of these problems? How could he not know that Finland urgently needs a looser monetary policy.

However, neither the central bank nor Finland can bear the consequences of continuing to loosen monetary policy, which will cause the Finnish mark to no longer be pegged to the exchange rate mechanism of the Ecu, and will cause a large-scale loss of foreign exchange reserves. For Finland, it will be a disaster. greater disaster.

However, the newspaper did not mention Finland’s plight in terms of exchange rates, but mentioned the interest rate difference with Germany at the beginning, clearly telling everyone that they could get more profits by taking the Finnish mark to Germany.

Shameless!

Shameless.

You are the one who punishes people to go to hell, it is you who let the capital leave, and it is you who shamelessly say that you don't want Finland to go into trouble.

How could there be such a damn bastard in this world.

No.

How could there be such a devil in this world.

A declaration of war, a naked declaration of war on the Finnish exchange rate.

An Ning couldn't bear to read what was written in the newspaper anymore. Looking at that handsome and handsome face, he stood up abruptly and frantically tore the newspaper in his hand.

Prick, prick——

Damn bastard! Damn! I curse you to hell.

In a panic, An Ning no longer cared about his image, tore off the newspaper in his hand, growled and cursed.

It is conceivable that as this report continues to ferment, what kind of pressure the government will bear, and in the end, all the pressure will be transferred to the central bank. What's more frightening is that there is also the factor of the interest rate difference between Germany and Finland, which will lead to an intensified consumption of domestic foreign exchange reserves.

German, Kamandy!

boom--

There was a loud noise, and thinking of the latest file sent back by the financial supervision department, An Ning violently shook everything on the table, still feeling puzzled, turned around and punched the glass curtain wall behind her.

In an instant, the solid glass exploded into countless cobweb-like fragments, which is shocking. Blood seeped out silently along An Ning's fist, and there were bursts of severe pain in his hand, but compared with the pain and bleeding in his heart, everything was nothing.

Damn Germans, damn Americans, and damn Soviets. You bastards are fighting, why do you want to burn the flames of war to Finland, there are useless British and Gallic chickens, you have so many countries united, and you can't even stop Germany's footsteps, it's a waste.

clap clap -

The sound of hurried footsteps suddenly came from outside. No one was seen, so the sound came first.

Governor. It's not good. There was a massive sell-off in the spot market.

The next moment, the head of the foreign exchange bureau rushed in from the outside, sweat dripping from his brow, apparently rushing here without stopping.

Immediate market selling!

An Ning's eyes were almost bald, and he grabbed the head of the foreign exchange bureau by the neck.

What did you say?

Just now, there was a sudden large amount of selling in the spot market

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