Rebirth of the Financial Overlord
Chapter 521 The Party Leader Hiding in the Closet
Economic development has certain laws. In the history of the development of capitalism, it is well proved.
When capital inflows continuously, a country’s economy will continue to grow, the unemployment rate will decrease, the operating rate will increase, people will have more money in their pockets to buy more things, the increase in demand will stimulate the increase in supply, and a virtuous circle will bring about the law of increasing growth. . And capital also has a nature. It is like flowing water. Wherever it can become larger, it will flow there, which eventually leads to greater liquidity.
After receiving the news that the British pound had plummeted by 29.5% in one day, many countries in Asia made different responses almost at the same time.
Because the price of the pound is related to whether Great Britain can stay in the European common economy, and it is even more related to the stability and continuity of the European economy. Now, the Bank of England's inability to maintain the price of the pound will inevitably bring about economic chaos in Europe.
Thailand, Malaysia, Indonesia, and the Philippines held foreign economic and investment promotion conferences, and the news of the full opening of the financial market spread across the world; China mainland launched a very standard development and reform conference, covering business tax, land, and B-share reforms, etc. Many aspects have expressed their welcome attitude towards foreign investment.
South Korea and India have also issued different forms of welcoming attitudes and reform declarations to overseas capital.
The Blue House spokesperson of the Republic of Korea said in the face of reporters from various countries that the domestic financial industry will be fully opened up, and foreign investment will not be restricted or protected. Foreign investors are allowed to engage in securities trading, securities brokerage business, bank lending business, and real estate investment. fields.
Damn bastards and robbers!
Damn pimp!
London, Admiralty Building.
Norman Lamont hung up the phone with the intelligence department, his face was green and red, and he kept cursing his mother in his heart.
Various preferential policies and opening up of financial markets by various countries at this time are undoubtedly tantamount to poaching the corner of the UK, which will only intensify the outflow of capital in the UK and put more pressure on the price of the pound. Outflow, the British economy will face a more severe test if it wants to recover.
Lamont hated the reaction of the countries. In his eyes, the behavior of the governments of the countries was just like those pimps on the street, trying to win over the capital whores.
ring ring ring——
The phone rang in a hurry in the closed elevator room, and Lamont's face became even more ugly. There was no good news within a day, and he felt that he was on the verge of explosion. What's worse, he felt that the current situation The phone must have been bad news, too.
Sure enough, Lamont felt right.
Norman. Rhetoric from Asian governments puts more pressure on sterling, we're down to a billion pounds now
Office of the Governor of the Bank of England.
Robin Leigh Pemberton was leaning on the office chair and holding the phone, like a frosted eggplant, looking very depressed.
Not long ago, there was a sudden large-scale selling of sterling in the market, and the Bank of England spent more than a billion pounds to barely maintain the price around 2.56. The selling on the Internet suddenly increased, and the money borrowed by the Bank of England from the IMF was consumed at once with only one billion left.
Moreover, this is just the beginning, and no one knows what kind of pressure the impact of Asian countries will put on the pound over time.
Staying in the ECU, Pemberton has given up any hope. Now, he only hopes to delay the time for the cabinet and the prime minister to make the right choice. Otherwise, once the foreign exchange reserves are exhausted, Great Britain will be completely bankrupt.
Billion pounds!
This number made Lamont feel hot on his face, and the muscles on his face kept jumping like a pendulum. Although there was no contempt in Pemberton's tone, he had already felt it when he was called Huge humiliation.
God, Mr. Lamont is the smartest man, the most economical man.
But now, there is only one billion pounds left in Great Britain.
There is nothing more humiliating than this. His Excellency Lamont has the urge to kill to vent his anger when he thinks that he might be laughed at.
But the matter has come to this, what can he do.
Robin, listen, I've arrived at the Admiralty Building, but before I see Your Excellency, Sister Mei, I don't care what you do, you must support me.
I'll do my best. But I can't promise how long we'll last.
.
Clearly, the price of the pound presents Great Britain with a difficult choice.
But whether it is to stay in the European Community, withdraw from the European Community or other, these require the prime minister to make the final decision, not the chancellor of the exchequer.
After hanging up the phone, Lamont didn't know whether to be thankful or annoyed. Fortunately, this difficult problem didn't require him to make a decision. What was annoyed was that if he was asked to make a decision, he didn't even know what decision to make.
Ding--
The elevator has arrived.
Lamont led the consultants out of the elevator with strides.
At the same time, in a bedroom in the building with a carpeted floor and a luxurious big bed.
A middle-aged man in his fifties hid alone in the closet next to the bed, constantly rubbing his white hair.
He has a slender face and a beautiful figure. He is wearing a well-fitting suit and a blue tie, and his flowing white hair makes him look very attractive. If he hadn't been hiding in the closet like a child and scratching his head anxiously, everyone would have thought he was a big shot.
Well.
He really is a big shot.
Because, he often appears in various TV programs and newspapers, and was given a very affectionate name - Sister Mei.
That's right, the middle-aged man hiding in the closet is the Lord Major, the leader of the Conservative Party and the Prime Minister of the Cabinet.
As for why he hid in the closet, perhaps it was because it was quieter here, allowing him to calm down and think.
All right!
The fact is that this lordship does not know what to do, does not know how to face the crisis facing Great Britain, does not know how to face the most difficult dilemma of his political career.
It's hard to understand, but understandable.
As a human being, it is inevitable that there will be times of fear and shrinkage, step by step from the status of a commoner to the prime minister of the cabinet. Although Mei Jie's political career has not been smooth sailing, it can be regarded as a smooth career.
But now, he has to face a crisis that Great Britain has never encountered before, and he really doesn't know what choice to make.
Joining the European Common Economic Community was promoted by him alone, and it was also his biggest bargaining chip to defeat Mrs Thatcher and other competitors, but now that the pound has fallen to this point, it means that this policy is wrong.
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