The Son of Finance of the Great Age

Chapter 804: operate secretly

  Chapter 804 Secret operation

   "God, does he know what he's talking about?"

  After leaving the official residence, Gross couldn't help complaining to Zhong Shi, "Who are we talking to? Isn't he the Minister of Finance of Ireland? There is no emergency response plan?"

   Although Zhong Shi didn't speak, his frowning betrayed his heart. Obviously, the Minister of Finance's words also exceeded his expectations. We must know that so far, the focus of the whole world has gradually gathered towards Western Europe, and Ireland is at the center of the storm.

   Obviously, bureaucrats are so insensitive to the market that both Zhongshi and Gross feel unbelievable.

   "If the rating agencies do something about Ireland, what will they do?"

Gross continued to complain, "Irish banks are not completely out of trouble, or have not been out of trouble at all. Once the rating agencies get their hands on them, it is conceivable that the withdrawal of funds from the banks will soon form a trend. No matter how much money the government invests, it will not be enough to rescue, and once the banking industry collapses, the situation will be very serious, even more terrible than the situation our country faced at the beginning!"

  “They don’t have a clear understanding of this situation, and they don’t even have the expectation of this situation. How can I rest assured about the bonds I invest in?”

   At the end, Gross stomped his feet and was so angry that he almost jumped up.

   "Calm down, my friend!"

Faced with this situation, Ireland’s sovereign debts may default at any time, and a reorganization is unavoidable in the end. Gross has a lot of Irish national debts on hand, as well as corporate bonds issued by some banks. He couldn't help being anxious.

   In contrast, because there are not many Irish bonds on hand, Tianyu Fund has a lot of room to maneuver in this regard, and Zhong Shi does not appear to be in a hurry. He pressed his hands together, trying to calm down Gross's emotions, "Bill, calm down first, let's review the situation if there is a crisis in Ireland, and then see how we should respond."

  The two found a remote coffee shop, and started their analysis in a quiet corner.

  "According to the current situation, it is basically certain that Irish officials are not too prepared for relegation."

Zhong Shi broke his fingers and said first, "It is certain that once Ireland is downgraded, there will be a huge panic in the country, just like Greece. The first to bear the brunt is the problematic banking industry. In this case, Ireland No matter what the government does, it is impossible to restore the confidence of the market, and they have no other way but to seek help from the EU and the IMF."

  “But the aid from the IMF and the EU is conditional. Just like Greece, Ireland will face a lot of things that need to be changed. So whether the rescue can be achieved in the end is another matter. This is where we can operate.”

Zhong Shi swallowed a sip of coffee, and said calmly, "Don't forget that Ireland is a big agricultural country, and its support and subsidies for agriculture are the highest in Europe. Under such circumstances, they must give up certain policies that are beneficial to this class .Sacrificing the interests of most other people in order to rescue the big bourgeoisie will inevitably make the current government lose popular support, and it is conceivable that their resignation next year will become inevitable."

   "So it's their future leaders that we need to contact?"

   The corners of Gross's mouth twitched twice, his heart was like a stormy sea. He anticipated what would happen if Ireland's credit rating was downgraded, but he did not foresee the possible response of the current Irish government and the subsequent political changes. This is the gap between him and Zhongshi.

"right!"

  Zhong Shi nodded, "Whether it is the Gael Party, the Labor Party, or the Republican Party, we must contact the leaders of these three parties."

   "I have one more question!"

Gross continued to ask, "If we really exit the euro zone, it is foreseeable that in the short term, Ireland's own currency will not have much credit line, and their country's foreign exchange reserves will not be able to support foreign creditors. At that time, we will How to do?"

   "It depends on England!"

Zhong Shi raised his brows again, "If I guess correctly, the United States and the United Kingdom will form a joint consortium to save Ireland, and we will also be part of this consortium. It is estimated that hundreds of billions of dollars will be needed to save Ireland. U.S. dollars are even more funds, and if there are enough members of this joint consortium, we can fully support this amount.”

   "I think it's hard, it's almost like buying the whole of Ireland!"

Gross shook his head and expressed that the situation is not optimistic, "IMF and the EU will have requirements for the rescue of Ireland, don't the United Kingdom and the United States have requirements for the rescue of Ireland? The most important thing is that our conditions cannot be better than that of Ireland. The EU is high, otherwise the other party can completely ignore us. And if the other party does not carry out strict reforms, who can guarantee that they can achieve the goal of turning losses into profits in the future? "

   “If they keep having problems, are we going to keep feeding money into it? And then at some point it wears us down?”

Gross spread his hands and said helplessly, "Even if we are their creditors, it is impossible for us to intervene in their domestic policies. After all, this is a sovereign country, not a joint-stock company. Do you think we can bear it?" The accusations and rage of five million Irish people?"

   "No, no, no!"

Zhong Shi waved his hands again and again, "What we need is not to dictate their policies, but an obedient high-level government. This will prevent us from being exposed to the public. In addition, I think we should take over all kinds of Irish bonds. , if they don’t agree with our policy, we can transfer and sell it in the market. This leaves a way for ourselves and prevents us from getting deeper and deeper on this road, doesn’t it?”

"so…"

When Gross thought about it, this was also the case, but he still had doubts, "There is another problem. If Ireland leaves the euro zone, then its main trading partners will be the countries in the euro zone. This situation will cause a major setback to their foreign trade. If If the recovery and growth of their GDP is driven by export trade, then the EU only needs to use a little bit of means to keep their economic growth in an unsatisfactory range. What should we do?"

   "No, they won't do that!"

Zhong Shi said confidently, "If Ireland becomes the first country to leave the euro, then the EU's attitude towards him will determine the attitude of other countries. This chilling attitude will not only win over people's hearts, but will also lead to internal conflicts." Further differentiation. On top of that, if Ireland does leave the euro zone, then the pound may be their currency of first choice, at least during the transition period. In which case they tie themselves up In the case of the UK, if inappropriate actions are taken against Ireland, the UK side will definitely be the first to jump out and object."

"Remember, everything we have done so far is still under the table. If the negotiations do not succeed, the US side will notify us. At that time, we still have a great opportunity to take action in the Irish capital market. , In this way, there is still no loss for us, understand?"

   "So you said timing is very important?"

   Gross also understood, although he is still not optimistic about the prospects of the whole thing, but he is clear that as long as it is profitable in Ireland, the whole thing can continue.

  …

   While the two were conspiring, a transnational phone call was being made between the highest authorities in the United States and the United Kingdom.

   "This is Washington. I am Andrew Bryan, the President's special staff member. I want to speak to the Prime Minister's special economic adviser, Mr. Downton."

  Andrew Bryan called Downing Street, and said to the person who answered, "It's Sir Winston Downton."

  The British Prime Minister has a large team, including secretaries, assistants and advisers. Among them, in terms of consultants, the number of consultants is quite large, and even the nationality is not limited, and foreigners can also serve in this team. This advisory group is subdivided into various aspects, and each aspect has a core figure, and Winston Downton is the core figure in this team.

  Sir Winston Downton, who once obtained a Ph.D. in economics from Cambridge University and Harvard University, has a prominent family background, is infinitely loyal to England, and is a nobleman with a classical style. He used to be the chief of staff of the previous prime minister, and he still stayed in Downing Street after the new prime minister took office, which shows his importance to the government.

  He is fifty-five years old, not too old, but his hair is completely gray. There are not too many wrinkles on the face, and a pair of sharp eyes are like eagles, giving people urgent pressure at all times. He didn't speak much, but every time he spoke, he was sonorous and powerful, hitting the point. In short, this is a powerful figure who can influence the decision-making of Mr. Prime Minister to a certain extent.

   "I'm Winston Downton, who are you?"

   After answering the phone, Winston Downton scanned the number and found that it was from the United States. His expression remained unchanged, but he began to think quickly in his heart, considering the purpose of the caller.

   "Hello, I am Andrew Bryan, the special staff of the President of the United States!"

For such a character who plays the same role, Andrew Bryan did not dare to be careless in the slightest. He introduced himself without humility. He knew very well that the other party was well aware of his existence, and he immediately omitted the part of greetings. Yes, and asked bluntly, "Our side would like to make a special request."

"any request?"

  Winston Downton blinked, realizing what the other party said almost immediately. The G20 meeting will be held in mid-November, when the leaders of the world's major economies will participate, and the US president is bound to have talks with the British prime minister. What the other party is saying now is discussing the content at that time.

   "We want the Prime Minister of Ireland to join in the talks between the President and the Prime Ministers. Isn't this request too much?"

  Andrew Bryan said bluntly, "Yes, Mr. Prime Minister of Ireland."

"why?"

   Winston Downton was quite surprised by the request from the United States, but it was impossible for him to reveal such emotions in his tone at this time, so he immediately asked in a flat tone, "I want to know why."

   "For the specific reason, Mr. President will personally interview Mr. Prime Minister."

  Andrew Bryan said indifferently, "Please keep this matter highly confidential. We don't want to leak any news."

"Understood!"

Being able to be in this position, Winston Downton naturally knows a lot of things and can't ask too much, but since the United States has disclosed this information, the rest is a matter for the United Kingdom. Under the current world situation, it is not difficult to guess that the United States "We will contact you later."

   After speaking, he snapped and hung up the phone very simply.

   "It's a freak!"

  Listening to the beeping sound from the microphone, Andrew Bryan sighed helplessly, and said rather helplessly. Then he touched his head and thought for a while, then took out his cell phone and sent a text message to Zhong Shi.

   "G20!"

   That's all for the text message.

   I really didn’t expect this day to be so bleak... Could it be that everyone is busy watching the game... I hope this depression is only temporary, please continue to be cheeky and ask everyone to actively vote for it, thank you~

  

  

  (end of this chapter)