Chapter 98: Defeating Finland
London, England.
At two o'clock in the morning, in an apartment near Canary Wharf, William and two St. Mary's Middle School girls were playing three-person poker games.
The two girls are not old, almost sixteen years old. One is blonde, the other is black and brown-eyed, and the blonde girl is tall, and the black-haired and brown-eyed girl feels a little thin. However, if you only look at the growth of your figure, it is hard to imagine that they are sixteen-year-old girls, who are not inferior to the 20-year-old girls in Asia at all.
God knows why these guys don’t sleep even after midnight.
Maybe it's because the weather is too hot.
William held a pair of A and played with it for a long time, but he didn't think about how to get it out. Susan's girl held a bunch of Qs and looked at William with green eyes, all in a charming look. Mary with brown eyes was interesting. She held the ten in her hand and observed the reactions of the two of them back and forth.
Finally, the girl who asked Mary to hit the ten in her hand. Miss Susan was not willing to be outdone, so she hit a bunch of Qs directly. William shook his teeth hard and hit a pair of A.
Neither of them can afford to be the biggest.
He immediately seized the opportunity and William continued to play a series of killer moves.
spring!
Ding Ding Ding--
The harsh phone suddenly rang at the head of the bed, and it seemed extremely harsh in the middle of the night.
Just after winning a card game, William was excited and suddenly interrupted and became very unhappy.
But the phone, as if it was against him, rang continuously, and he had to wink at Mary and Susan and grabbed the phone in his hand.
"What are William.
"throat......"
"William, are you constipated?"
A word of constipation almost made William really constipated, he gritted his teeth.
"Boss. Do you know you're really a bastard? Please, it's two o'clock now, don't you have to sleep?"
"I'm so sorry, look at me and forgot the jet lag."
What William could say, he couldn't say anything. He could only endure such a bastard boss.
Happiness is always based on the pain of others.
He slapped Susan hard under the waist with a backhand. Seeing Susan's still tender face and eyes showing pain and sorrow, William felt much more comfortable.
"boos. You are so late, you are disturbing people. You may not want to chat with me. I will curse you."
"You have also seen the summary report from Nordics. What do you think?"
Five Nordic countries, Denmark, Norway, Sweden, Finland and Iceland.
Due to its geographical location, the historical backgrounds of the five countries are closely linked, and their lifestyles, religions, society and political systems are also similar. Although they are not a community in politics, they all participate in the Nordic Council. The Pan-Scandinavian movement attempted to unite Denmark, Norway and Sweden into one country in the 19th century.
With the independence of Finland in the early 20th century and the independence of Iceland in the mid-20th century, this movement expanded to the establishment of modern Nordic cooperation organizations, including the Nordic Council.
In 1985, the impact of modern financial markets on the economy became increasingly greater. The five Nordic countries began to implement financial system reforms and abolish credit restrictions on financial institutions to increase the degree of financial liberalization. However, due to the negative real interest rate level, the high inflation expectations of Tongdai and mortgage interest can be tax-deducted, which stimulated the loan demand of enterprises and individuals.
Capital determines price, and price determines supply and demand relationship.
Fierce competition in the banking industry has allowed a large amount of bank capital to be invested in the real estate and stock markets. With the injection of capital, the rise in asset prices has caused residents to increase their net profit and wealth, and the increase in collateral, further stimulated credit inflation.
In 1989, Swedish real estate prices increased by 50% compared with 1985, the stock index tripled, the Finnish real estate prices also rose by 70% year-on-year, and the stock index rose by nearly three times.
Then there was nothing.
The collapse of the Soviet Union was like a deep water bomb, revealing Finland and Sweden's dependence on the Soviet market at once.
You should know that the Soviet market accounted for 30% of Finland's export industry.
In less than three months, Finland's real estate collapsed, falling more than 30%, and the stock market also collapsed, falling forty percent.
William was favored by Shen Jiannan because this guy has a good talent and is very good at learning. From Asia to Europe, he was no longer the street gangster who used to be the one who was a slap in the street from Shen Jiannan.
He slapped Susan and waited for Mary to change, he said excitedly.
"boos. You mean, can you short the Finnish Mark and Swedish Krona?"
With the phone in between, Shen Jiannan showed a look of relief. He was able to think of his own thoughts in such a short time. Now William is probably considered an elite level when he throws him on Wall Street.
"William, I'm glad you can think of this, but just short Mark and don't short Swedish Krone."
"Why? Sweden's house prices have collapsed and the stock market has also plummeted a lot. We have made a lot of profits in short selling positions on omxspi. It is much more convenient to short the Kroner."
omxspi, also known as the Swedish stock price index.
Shen Jiannan was surprised. Although he had always delegated power to William and allowed him to use 20% of the funds, William had been establishing all positions according to his instructions.
This made Shen Jiannan feel worried. A soldier who could only obey orders could not be a general. As the main businessman in Europe, William would probably soon be unable to take up his current position with the expansion speed of the First Capital. By then, he would have to hunt more suitable candidates from Wall Street or Europe.
But now...
"William, when did you build an omxspi position? It's OK."
"Haha. It was built last month. I couldn't stop the short trend of omxspi, so I built a position of $5 million, and the floating profit in the afternoon was about $13 million."
"I performed well. When you are mixed with Luo Bukou every day, I will learn from him wherever he has holes. OK!"
"Thank you for your praise from the boss. So should we close the short sellers of omxspi and settle the short seller of the Kronor?"
"Forget it, the Kron. The Swedes have never wanted a pilore, and the Swedish industry is also the strongest among the five Nordic countries. They can target Finland."
"Then we build a position of $20 million?"
“How much money can we use now?”
"It's only about $100 million."
"Then why not build $100 million?"
“…”
William was so scared that he didn't know what to say for a moment. Shen Jiannan taught him that the risk in the speculation industry is always the highest, and no one is sure what will happen.
The best way is to bite a bone like a wolf. When the taste of meat is tested, profits are made and profits are used to make greater profits. This is the way to speculation.
However, now there is nothing in the Finnish market, and directly establishing a position of $100 million is equivalent to stud.
"Boss, you are sure that Finland's economy has always been not weaker than that of Hong Kong. If the Finnish central bank interferes in the market, we do not guarantee that we can make a profit."
Logically and in fact, William's words are correct.
A central bank represents a country. God knows how terrifying it will be if it intervenes in the market with the strength of a country.
Why is Jones Hedge Fund the world's number one hedge fund?
It is to arbitrage different markets, avoid risks, and then make profits, but even if Jones Fund manages $12 billion, it never dares to short a country's currency.
This is challenging a country's bottom line.
After William finished speaking, Shen Jiannan couldn't help but raise his eyebrows.
Puff puff puff —
The soft footsteps suddenly came from the bedroom. Yulia, wearing a light white silk pajamas, walked to the living room with a red face, rubbed her sleepy eyes, stepped on her slippers.
Before Shen Jiannan could greet her, she looked like a sleepwalking or a little bird returning home. She hooked Shen Jiannan's neck and curled up in his arms and closed her eyes.
The steady breath came, and the warm breath was on the chest. The smoothness of the silk pajamas was mixed with softness and warmth, making people feel very comfortable.
Shen Jiannan was amused and crying. He didn't even know whether Yulia woke up or not.
Helplessly, he gently stopped the beauty in his arms. After confirming that Yulia would not fall, Shen Jiannan continued to talk to William.
"William, do you know what the trend is?"
“……”
"Facts and logic are the foundation of trend driving, but they still fail to match emotions. As long as someone takes action, some people will follow."
"As the second largest importer of the Soviet Union, Finland's manufacturing industry is indeed very strong, but that is already the past. Finland is just a native chicken and a dog. If we get sick, we will die. If we don't take advantage of his illness, why do we have any more speculations."
"But the Finnish central bank has eighty memories of the German Mark reserves."
"Yes, if they don't have money, what's the point of shorting us? If the Finnish Central Bank intervenes, we will defeat the Finnish Central Bank."
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ps: I have been awakened from my dream every day and dreamed that I was 404 again.
When I first joined the online literature, I thought about what to do if my grades failed. Now, what is the pressure of losing money? I spend every day in panic and keep thinking about it. Maybe I won’t need to write tomorrow.
Starting from April 11, I don’t know if I can avoid it, because there are no rules and no one knows what the bottom line is.
Cherish what you have at the moment.
Chapter completed!