The Son of Finance of the Great Age

Chapter 268: damn politician

  Chapter 268 Damn Politicians

After settling the situation, Jefferson said: "This time the action is not only to oppress the further opening of the Asian market, but also to allow funds to flow back to the United States. In 1994, the bond market collapsed in Europe and North America, followed by the financial crisis in Central and South America. The crisis has made Asia the safest region. But now, the Asian region is not safe. This storm is not only aimed at regions with strong economic growth, but also those regions with poor growth data. This is what you need Do, just as you did earlier in Operation 'Free Money'."

"South Korea, Hong Kong, and Russia, are these the only three places? If we make different investments in other regions, you shouldn't object?" Paul Tudor Jones was the first to speak, "Except for Hong Kong, other There are obvious problems in the economies of the two regions, and I believe the problem is not very big. It just may take time, and it is estimated that it will take much longer than the action of 'free currency'!"

   "Time is not a problem, it will never be a problem." Jefferson showed a satisfied smile on his face, obviously quite satisfied with this answer.

"But what about Yizhou? You must know that they have 80 billion U.S. dollars in foreign exchange reserves. Even if there is a 1% fluctuation, it is close to 800 million U.S. dollars in profit and loss. Moreover, their economic model is almost the same as that of other parts of Southeast Asia. As long as Doing the same thing, I believe that their currency can be captured in half a year at most. How could this kind of area be excluded from the plan?" Julian Robertson said suddenly.

  As for the hedge fund that is the vanguard of the whole process, the three big shots glanced at each other, and then Julian Robertson asked the question. Prior to this, they have fully investigated the economic situation in various regions, and have also targeted several regions and countries that may have depreciation, among which Yizhou is one of the focuses of their upcoming attack.

  When everyone heard it, they all felt that it made sense, and they turned their attention to Jefferson.

"Gentlemen, don't forget that the ultimate goal of our strategy is not just the currency attack you are doing now, but to achieve political goals through capital attacks. In other words, you are just the whole huge plan Don't destroy the whole plan because of your actions, otherwise you will not be able to bear the consequences!" Jefferson's face changed, and he reprimanded Julian Robertson unceremoniously.

  Julian Robertson's complexion changed, he gasped for breath, and stopped saying anything. And the faces of other financial bigwigs who had been watching the performance of the hedge fund bigwig immediately showed gloating expressions.

Investment banks, banks, rating agencies and hedge funds played different roles in this Southeast Asian currency crisis. Hedge funds took up all the limelight. The injustice in the distribution of households has given birth to infighting. Seeing the hedge funds suffer, others are naturally happy to see it succeed.

  Although Julian Robertson didn't say anything more, it was clear that other hedge fund leaders didn't fully agree with Jefferson's statement, so Soros looked at Jefferson with a somewhat playful look.

"This is also applicable to other institutions!" Seeing Julian Robertson succumbing, Jefferson softened his tone, and then said, "Yizhou has a special status, because they are the most critical in our actions. Therefore, their economic situation cannot tolerate any fluctuations. Frankly speaking, the special envoy of Yizhou that Mr. Vice President met in secret just now, they have reached a series of economic agreements with us, one of which is to take the initiative Abandon the fixed exchange rate system, I believe you will hear the news soon."

"In addition, our agreement is only aimed at those countries or regions that stubbornly adhere to the fixed exchange rate system. For countries and regions that are about to liberalize the exchange rate system, how their currencies will go is not in our plan. It will depend on your decision at that time. Luckily."

After Jefferson Akari’s threats were finished, he put on a smiling face and said with a smile: “Everyone, according to the agreement we reached before, as long as you complete the corresponding plan, there are many issues concerning your money laundering, insider trading, defrauding customers, etc. All the charges against him will be withdrawn, and I believe you will not choose to spend the rest of your life in prison like Gordon did!"

  Gordon is the protagonist in the famous movie "Wall Street". He participated in insider trading, manipulated the market, and eventually sent himself to the federal prison and lost his qualifications to participate in the market for life.

After the bond market collapsed in 1994, the U.S. prosecutors began to quietly collect evidence of violations by large Wall Street financial institutions, some of which were evidence that large multinational commercial banks helped drug dealers and smugglers launder money, and some hedge funds manipulated the market, There is also evidence of insider trading, and there is also evidence that rating agencies have raised their ratings and lowered their targets for self-interest, regardless of fundamentals. After nearly two years of evidence collection, the control of these large institutions was finally in their hands, which also forced them to obey orders from the White House.

  Although they can choose not to listen, the end result is huge fines, ruin and even imprisonment, and now they are given another chance to make a lot of money, and smart people naturally know how to choose.

"If it's just revenge for the bond market crash in 1994, you don't need to involve these countries. After all, they can't do anything about Europe and our bond market at that time. So, my question is, why are these countries targeted this time? monetary system?" Soros was the first to ask.

Jefferson showed a smile on his face, nodded slightly at Soros, and said: "Because of the bond market collapse that broke out in 1994, and the subsequent financial crisis in Central and South America, a large amount of funds were transferred to the Southeast Asian market with strong growth. , that’s the real reason we’re waging an economic war against them. Now, we need that capital to flow back, and they just happen to have a market problem, so that’s what happened.”

   "They are our allies. Is it morally unreasonable to treat our own allies like this?" Soros asked again.

"Allies?" said Jefferson with a mocking look on his face. "They're not allies, they're just poor **** under our protection. Damn, for God's sake, George, put away your so-called The theory of an open society, this is Washington, not a utopian ideal society."

   "If Yizhou is acceptable, what about South Korea?" Soros sharply pointed out the difference in the treatment of the two regions.

Jefferson shook his head and said word by word: "George, although you are a genius for making money, I have to say that you are too naive in politics. In Thailand, Indonesia, the Philippines and South Korea, these The country has a large amount of investment from Japan, which has destroyed the economic systems of these countries and indirectly hit the Japanese economy. This is why we have done this. I believe you have heard about the bilateral trade negotiations in the past few years, that is, between us and Japan This is also the aspect of this plan to contain Japan."

Having said that, his expression slowed down quite a bit, and after carefully considering his words for a long time, he continued: "Of course Japan is our ally, and we cannot directly give them an economic war. But besides Japan, there is another country, that Even China is also the target this time. You must know that the Asian region has always been our traditional sphere of influence, but there exists a regime that may become a superpower here, which will undoubtedly directly threaten our interests in this region. Therefore, Asia will That’s what we’re going to focus on for decades to come. The United States of America cannot allow a threat to exist, and that’s the real reason why we’re creating this currency crisis.”

   "Then why not start a war? They can be wiped out directly!" said Ralph, the president of Salomon Brothers.

"How do you know we don't?" Jefferson gave him a deep look, and then said with great meaning, "Since you mentioned the war, I can reveal one thing. Last year, the Pacific Fleet was only a few kilometers away from that land. A hundred nautical miles away, they waited for their missiles to land on Yizhou, and then declared the war to begin. As you have seen, we were slightly better and successfully contained World War III.”

  When they heard that there was such an inside story about the 96 Taiwan Strait crisis that once affected the entire Asian market, everyone present was stunned and gasped. They never imagined that a war that might trigger a world-wide war would pass by in such a silent manner.

   "Their capital account is not open. Even if we can capture Hong Kong, it is impossible to devalue their currency." Soros continued to ask unwillingly.

"Depreciation or depreciation is the next thing. Aren't they very enthusiastic about joining the World Trade Organization? We use this as a condition to force them to open up more fields. This is the highest level of war, understand?" Jefferson laughed , I sneered at Soros's question, but finally replied, "We did this for you capitalists, and opened the door to the largest market in the entire world. It is a good thing for everyone, isn't it?" Speaking of Here, a mocking smile appeared on his face.

"Okay, gentlemen, since there are no problems, I'll take a step first and remember our agreement." After waiting for a long time, seeing that everyone still had no intention of speaking again, Jefferson put away the things at hand. stand up, "About everything I said today, as long as I step out of the door of this conference room, nothing will exist. Remember, it is all your spontaneous market behavior and has nothing to do with the US government!" Said Forget it, strode out quickly and disappeared in the conference room before everyone could react.

   It took a full five minutes for this group of bigwigs who could command the wind and rain on Wall Street to react. After sighing one after another, they got up and prepared to leave.

"Damn politicians!" Someone murmured loudly, and immediately made everyone walk out, and no one turned their heads to find out who said it. The whole group just didn't look back Get out of here quickly.

  They know that this time they are completely **** in the huge plan of the government, and there is no other way to choose.

   Thanks to Demon Dragon Warrior for rewarding this book again, thank you very much!

  

  

  (end of this chapter)