Chapter 816 Emergency steering

   "Ireland will not accept our terms!"

  After the G20, the European Finance Ministers Meeting was held on the 17th, and the announcement was made to discuss the financial situation of Ireland and Portugal. Affected by this good news, the foreign exchange market rebounded. On the 17th, the euro rose by 0.48% against the US dollar.

  Faced with this market situation, Zhong Shi and others immediately held a conference call to discuss the next step. When everyone just went online, Zhong Shi dropped such a blockbuster.

   "Have they replied?"

   When they first heard the news, several people were inexplicably surprised. Only Delio asked calmly, "They made a decision so quickly? You must know that this is a lot of money, and it may be much more than the figure issued by the European Union!"

   "No, they haven't responded yet!"

  Zhong Shi explained solemnly, "For such a major decision, they will not make up their minds in such a short time. So if we want to get an answer, we must at least wait patiently for a while."

   "But according to what you said, we just need to wait quietly, but why do you say that Ireland will not accept it?"

  Zhong Shi's explanation made everyone confused, and Paulson couldn't wait to jump out and ask.

   “The reason is simple, they will not reply to us, or will reply us at the last minute!”

   Facing the other party's question, Zhong Shi replied seriously. At this time, he was holding a stack of thick documents in his hand. This was an emergency assessment report obtained from the Huaxia think tank. The leader ordered his subordinates to analyze it for Zhong Shi to read.

  In this report, professionals analyze the relationship between Ireland and the European continent from multiple perspectives such as history, culture, economy, and politics, as well as the assessment of hypothetical situations such as abandoning the euro, switching to the pound, the dollar, or even their own currency. The final conclusion of this assessment report is that Ireland may abandon the euro, but definitely not now.

   After briefly explaining the content of this document to everyone, Zhong Shi continued: "Gentlemen, don't you find it strange that this time the EU Finance Ministers' meeting was held so abruptly? There was almost no warning in advance!"

   "A little bit!"

Bill Gross replied puzzledly, "This time it was neither a routine summit, nor was it briefed on the media in advance. Logically speaking, the G20 summit has just passed, and there should be no high-level meetings in the short term. But Only two days later, European finance ministers sat together again. Although this may be related to the situation in Ireland, according to my personal observation, it seems that all this is too serious."

   What he meant was that it was a bit of a big deal to bother the EU finance ministers for a small Ireland.

   "Unless there is something more important!" Gross finally concluded.

   "Is there anything more important than saving Ireland or Portugal?"

   Ackerman's sharp voice sounded immediately. He was very dissatisfied with Gross's judgment, and couldn't help but retort, "If there is a problem with the debts of Ireland and Portugal, the whole crisis will hit Europe again. This is almost predictable. European finance ministers are not for Ireland, but for Ireland. It's for their own sake, you don't understand such a simple truth?"

   "Didn't you notice that during this period of time, European politicians have come out to shout, hoping that Ireland can accept the assistance of the EU and the IMF?"

Gross also retorted unceremoniously, "Including the president of the IMF, the German Chancellor has shouted, but so far the Irish have not let go. Do you think that just holding a meeting can make the Irish change their minds? ? How childish!"

   "Will they watch their bond yields remain high, and finally have no way to raise more funds, and let the national debt due next year default?"

Ackerman also retaliated, without the slightest intention of backing down, "In any case, it is only a matter of time before Ireland finally accepts the rescue. But the longer it is delayed, the less beneficial it is to all parties. I think the purpose of their meeting at this time is, besides In addition to further pressure on Ireland, there is also a study on how the entire rescue mechanism should deal with problems in Portugal and even Spain."

   "Yes, you are quite right, it is only a matter of time before Ireland receives rescue!"

   At this moment, Zhong Shi finally spoke, "But I think what Bill said is also reasonable. There is also a big strangeness in this meeting of finance ministers!"

  As soon as Zhong Shi opened his mouth, he first affirmed Ackerman, and then said that Gross's judgment was also reasonable, which made everyone feel puzzled and did not understand what Zhong Shi wanted to express.

   "Gentlemen, have you not thought of the possibility that the Irish government will take our agreement to trade with the Europeans?"

  Seeing that everyone still didn’t understand, Zhong Shi couldn’t help but shook his head, and said straightforwardly what he expected in his heart, “This may explain why the European Finance Ministers’ Summit was held so suddenly this time.”

"what?"

   "Is this impossible?"

   "Are they crazy?"

  As soon as Zhong Shi's voice fell, several people jumped out at the same time, questioning one after another.

   Indeed, the news was so shocking to them that they couldn't believe it was true. It is understandable if there are similar bargains in business, but this is a transaction between countries, which is completely different. More importantly, one of the opponents of this deal is the powerful United States. Could it be said that Ireland is not afraid of offending the US government?

   They think so.

   "Why is it not possible?"

Zhong Shi waited quietly for a few minutes, and when everyone was completely quiet, he asked sharply, "Gentlemen, don't forget. Who is the culprit of the entire debt crisis? It is us, the speculative capital of the United States!" From this point of view, no one can tell whether Ireland, out of resentment, turned to play us in this matter?"

   "I think what you said makes a lot of sense!"

At this time, Delio spoke, "It is impossible for Ireland to leave the euro in the short term. Originally, they might be forced to choose to accept the rescue under the pressure of Europe. But now that they have such a bargaining chip in hand, they cannot be ruled out. Use this thing to make a deal with the heads of Europe. Gentlemen, remember that this document cannot be exposed. If the government wants to take action against Ireland, it will inevitably put itself in the position of being criticized by everyone. Definitely not what Washington wants to see."

   "So you also think they will risk offending the US government and make a deal with Europe?"

  Paulson asked suspiciously, "It's all crazy, are they all crazy?"

   "No, they're not crazy!"

Delio said calmly, "Politicians don't think the same way as we do. Perhaps what we consider most is reputation, but for politicians, real interests are the most important. Even if they are notorious, they will never I don’t care. Let’s put it this way, if I were the Prime Minister of Ireland, I would choose the option that maximizes my interests, which is to use this document to make a deal with Europe.”

   "Then what should we do next?"

   Gradually, Zhong Shi's statement gained the upper hand. Although there are still doubts in their hearts, everyone accepts the possibility that the Irish government may indeed be doing secret deals with Europe.

   "Make up your position as soon as possible!"

   This time it was Bill Gross who spoke. Among the people present, he shorted the largest share of Irish bonds, so when he heard Zhong Shi's words, he didn't say anything for a long time, and kept thinking about the possibility of this in his heart. His position is profitable so far, but he decides to call it quits in order not to take any risk.

"right!"

Zhong Shi also agreed, "While everyone still has room for surplus, close positions in the market as soon as possible. It is foreseeable that if the news of Ireland's rescue comes out, the yield of Irish government bonds will drop sharply. However We don’t need to be too anxious, after all, for Ireland and Europe, this kind of game will last at least for a while. I think it will take at least a week or half a month before they reach a final agreement.”

   “Close positions would be easy, but what about our short position on the euro?”

At this moment, Paulson raised a more serious question, "For Irish bonds, the market as a whole is pessimistic, and it is very easy to get a bargaining chip to close the position. But the euro, the euro is rising now, If we close our positions at this time, I'm afraid it will only fuel its upward momentum."

  He made a very reasonable point, and the others nodded in unison, even though no one else could see this behavior.

   "If the news of Ireland's acceptance of aid comes out, it can be expected that the euro will follow suit!"

Zhong Shi stroked his chin, and said these words leisurely, which immediately lifted everyone's hearts, but the next moment he made several people feel relieved, "But so far, even if Ireland has accepted the aid, the whole thing is still going on." There is a lot of room for maneuver.”

  …

   "What are they planning to do?"

The Minister of Finance of the United Kingdom was furious, and when his eyes touched the unfriendly gazes cast by the finance ministers of other countries, he raised his right hand angrily and said emotionally, "I swear in the name of God, we have never provided them with such a condition. It is completely slander and fraud!"

  Ireland threw out this document provided by Britain and the United States, directly exposing Britain to the heads of state. After knowing that the British were actually making such a small move behind their backs, the heads of state of various countries had different thoughts. Although they didn't explode in public, they had opinions on the British government in their hearts.

  In this case, the British Minister of Finance will naturally jump out to clean up for himself. But how much effect this kind of behavior has, I am afraid that even he himself has no idea.

   "So is this document real or fake?"

The German Minister of Finance glanced at the British Minister of Finance indifferently, a trace of contempt and disdain flashed in his eyes, and then he pretended to change the topic plainly, "So far, we still don't know, so it's too early to draw conclusions .”

"exactly!"

  The Minister of Finance of the United Kingdom is called George Osborne. He is only 40 years old and he is the youngest Minister of Finance in the United Kingdom in the past 100 years. Although George Osborne is very young, he is steady and experienced, so he has won the trust of the Prime Minister.

After hearing that the Germans wanted to explain himself, Osborne said repeatedly, "Maybe it is a bargaining trick played by the Irish government. Gentlemen, at least until you verify the authenticity of this document, you should not doubt that we, the British, people's determination to stay in the EU."

   Things will be much easier if there is room for buffering. While everyone was not paying attention, Osborne quickly wiped the sweat from his forehead, and stated again: "Whether it is towards Ireland or Portugal, the British government has only one attitude, which is to actively rescue, and will never let the crisis expand to other areas."

   "Which party should verify this matter is more appropriate?"

  The German Minister of Finance is still not in a hurry, and said slowly, "Only by confirming the authenticity of this document can we prescribe the right medicine, isn't it?"

   "Of course it's us!"

  George Osborne patted his chest without hesitation and said, "In order to clear our suspicion, I think this matter must be handed over to us. Otherwise, we will be wronged!"

   Facing the unfavorable situation, it was not only Zhongshi who turned urgently, but also big figures like George Osborne, and even the British government behind them.

   Thanks to lyangyang, kalm master, 555@555, Huang Tianlong, Nanwuohni Tuofo, Ningbo Feng, Huadaoduanyou and other book friends who voted monthly! Thanks to the book friend Three-legged Fork for the reward! Thank you very much for your strong support. The author expresses his gratitude and continues to work hard~ I hope more book friends can support this book~

  

  

  (end of this chapter)