Chapter 838

After the debt crisis in Latin America, central and South America and the Caribbean have always been highly alert areas of the banking system.

You use the national credit to borrow, we also give, the interest is also very low. In the eyes of all, the credit of the country is the most reliable.

However, bankers underestimate the bottom line of politicians, or say, what they think is very important, others don't care.

There is a saying that the United States issued so many bonds that they did not intend to repay them at all. If they are forced to pay their debts, they are willing to go to war.

First of all, you have to figure out what is national credit. Then you're looking at the money they borrowed.

Argentina is in trouble because of the debt crisis in Latin America. They are not willing to come out and accept the harsh conditions of the IMF.

Their logical chain is like this: our financial problem is because John Bull started the war. Meidi and John Bull are in the same group, and the IMF is controlled by Europe and Meidi. Then, they did it on purpose.

If you say it doesn't make sense, the facts are in front of you. Argentina has been treated differently.

However, that's not the reason why you should default.

After all, you can't beat anyone else. John Bull is so miserable that you can even let people brush experience points. Dignity comes from fighting. What you can't get in the war is even more impossible on the negotiation table.

"Boss, the peso plummeted again, down more than 15% today. Affected by this, the stock market of the whole Latin American region is plummeting. "

"So fast? What's the matter? There's no resistance at all. " Soros looks depressed. He doesn't plan to fight a blitz. You are falling so fast that it's too late to short.

To short a currency, you first borrow pesos from banks and then sell them in the foreign exchange market. When the exchange rate reaches your expectation, buy the peso and return it.

If the exchange rate falls too fast, there is not much room for profit. If one is not good, it is possible to unilaterally announce the termination of the exchange business.

It's no joke. Mexico did it in the last Latin American debt crisis. To put it bluntly, my friend's knife is gone. As for your peso, can't you still buy Mexican pie?

Soros did not dare to let go of his hands and feet to short the peso, which is basically the reason. They only have $20 billion in their hands. If they get rid of half of it, they can recreate the scene of '86 again. It's really not too easy.

Well, anyway, I took off my pants once. The second time will be easier. At least, it won't be very embarrassing.

"Boss, in less than two days, they have lost five billion dollars. If the IMF does not act, there will be a second debt crisis. " "Damn it, what's the white fund doing?"

"Boss, they have narrowed the strength of short selling and shifted their target to securities. By the way, there seems to be more short selling in Europe.

Boss, since the last debt crisis, few people have invested in Latin America? "

"Maybe they're wrong, maybe they're betting on a world recession."

Soros is a little tangled, some unclear, so. He really didn't understand. What was peanut Dunn's idiot waiting for?

Mad, how can I go short without giving them more knives? It's not humiliating enough to be hung in the air.

That damned William White must be the same. Otherwise, how could he only have such a small position.

In fact, the old fox thinks too much. For this level of investment, William White will not care about the process. He just needs to know, well, he made another 20 million yesterday, which seems a little bit less. So what? You keep trying.

If you have to do everything by yourself, it doesn't mean much whether you make money or not. If you have this Kung Fu, you might as well add some exercise.

Eyes turned to Downing Street, a group of well-dressed big men are celebrating the victory.

Argentina's economy, which has just picked up a little bit, has been hit hard again. It seems that they have no energy to entangle with themselves.

For the sake of one Falklands, the two families are both defeated. Of course, John Bull must be better. After all, they have a cruel little cousin. If they can't, they can go to their knees and beg.

"Ladies and gentlemen, we finally don't have to worry about the Falklands any more. I can't breathe the damned military expenditure."

"Long live, God bless John Bull."

Gordon is very happy, and his younger brother is flattering. Look at that meaning. At the beginning, iron lady should not go to war at all. It would be better to directly engage in a financial attack.

Soeasy。

If Mr. Nelson knew that his posterity was the product, he would never win the battle of Trafalgar. Without a decent opponent, it will end in the end.

In a word, their present state is quite similar to that of the old empress dowager. As long as little Li told her, what, foreign devils and bad luck, who and who pinched up.

The old empress dowager will be very happy when she hears about it. It seems that she was pinched because of her wisdom. Xiao Li naturally won't tell her that the robbers didn't share the spoils equally. At the end of the day, this account will be counted on her head.Of course, John Bull's happiness is not just because of Argentina's bad luck. In the last Latin American debt crisis, America suffered the most, followed by John Bull. The invincible HSBC almost lost his blood.

This time, it's the other people's bad luck. If they are lucky, they seem to be able to pick up some cheap things. Tut Tut, I'm a disgraceful little cousin this time.

Others engage in free trade zones, so do you. Look at the current situation, we are very good here, but you have already fallen one. There are three countries in total, namely, the North American trade area. Why don't you establish the North American trade area?

John Bull will know that it's not that Meidi doesn't want to do it, it's just that his reputation is too bad. Around a group of small partners, all are trembling.

Brother, what do you like? Let's discuss it. If it's not too much, you can take it away. Anyway, I can't beat you.

In less than a week, Mexico's apparent prosperity was shattered.

The peso has depreciated by nearly 45%. What is the concept?

That is to say, you will lose half of your cash in a week. As for those stocks and funds, cough, if you are lucky, you can get back 40%.

No, it doesn't matter if I don't go abroad or buy foreign products.

How to say, if you are in big rabbit country, it's really not a big problem. Because the price of necessities of life, is subject to a certain degree of constraints, it is impossible to let you unscrupulous speculation.

Mexico can't do it. If you don't want to lose a lot, you can change money into real things.

"Damn it, peanuts are still bickering. It's been a week. Don't they know that there's serious inflation in Mexico?"

"Paul, Clinton did his best. He didn't want any economic crisis or inflation. The U.S. economy is very good now, and he doesn't want to see any uncertainty. "

When it comes to the former Fed boss, Greenspan has to be respectful. Paul Volcker is very alert to inflation and very dissatisfied with today's quantitative easing. You bastards really think that all these inflation can be wholesale.

"Alan, it's a big trouble this time. It's going to be Christmas soon. Even if they have an argument, it's too late."