Chapter Twenty-Nine I Believe The Fool
Shen Jiannan's words made Anna Seminovich stunned. Compared with the weights of banks, insurance, and securities companies, the weight of clothing manufacturing in the Milan Securities Index is not large.
If tactical actions are adjusted, the company's profits in Mibtel cannot be maximized.
Moreover, although Mibtel has 40 weighted stocks, the proportion of the financial sector and real estate is as high as more than 40%. Now global capital is attracted by Schlesinger's speech to the Italian lira. Italy's financial system will be 100% impacted, and the financial industry will definitely bear huge pressure. Shorting financial stocks, both in terms of winning odds and profits, is much higher than selling the clothing manufacturing industry.
The level is destined to have a different vision.
Although Anna Seminovic was born in the Russian Ministry of Finance and was broadcast on demand by Shen Jiannan, she was just an outsider after all. As Shen Jiannan's woman, Yulia was the real essence. She knew how to play capital games. She suddenly understood what Shen Jiannan's purpose was.
"Anna. Our purpose is not to short the lira. Chen wants Armani to customize clothes for me in the future. What do you think you should pay attention to this?"
Anna Seminovich was able to hand over someone to her daughter by Sidorov, and in an instant, she understood what her lady meant.
It was like looking at a pair of the most hateful and incredible bastards, Anna Seminovich, whose eyes were wide open in shock.
"Oh my God. It's abominable enough for us to short the lira with Italian money. We also use lira to short the securities market. Now, we have to use the money we earned from shorting the securities market to buy other people's companies. Miss, we will go to hell like this."
This made Shen Jiannan a little dissatisfied. He felt that German's company cultural management was really bad.
"Anna. Do you think a country's exchange rate is favorable or a low exchange rate is favorable?"
This is nothing nonsense!
Having personally experienced the difficulties brought about by the ruble collapse and witnessed many people lying in the snow and ice, Seminovic knew nothing more than what the collapse of a country's local currency meant.
That means hunger or even death.
Shen Jiannan is very jealous and doesn't know what Seminovic is thinking.
"Anna. Do you think that the currency depreciation rate will definitely be bad? No, it is not like that. From the 1970s to the mid-1980s, Japan relied on the continuous depreciation of the yen to stimulate the export industry. With low export prices, it made-in-jp products were spread all over the world, creating rich income for Japan.
It is precisely because of the continuous depreciation of the local currency that Japan has become the second largest economic system in the world, and even made developed countries around the world feel heavy pressure. It is precisely because the price of the yen is too low that the square agreement was established to jointly buy the yen to forcibly suppress Japan's economy."
"Finland and Italy are facing the same problems. Their unemployment rate is rising and their economy is declining. They need a looser currency to develop the economy and a depreciation of their local currency to stimulate exports. But they are kidnapped on the exchange rate and limit development. Do you think we should help them make the right choice?"
"I bet that if Italian banks give up their current exchange rates, their export industry will definitely develop better than they are now."
"For example, as long as the Italian lira depreciates, we can definitely do better if we invest money."
"But now, the Italian banks are obsessed with it, we need to let them see the truth and prove that it is right."
“…”
“…”
Anna Seminovic was stunned, China Kanoski was stunned, Yulia Sidorov was stunned, and all the traders present were stunned.
There are actually such shameless people in the world who say robbery so well.
Do you think others are fools?
But gradually, the eyes of the few people became a little wrong.
It seems...it really makes sense!
The rapid development of Japan from the 1970s to the mid-1980s was indeed due to the continuous depreciation of its currency to stimulate exports, which enabled Japan's products to be exported to all corners of the world, allowing Japan's economy to ride the wind and waves. In recent years, with the promotion of the Plaza Agreement, the Japanese yen appreciated, and Japan's economy soon fell into a bottleneck, and then collapsed in a full-scale manner. At one point, many people went bankrupt and chose to commit suicide.
If the Italian lira depreciates, Italy's exports will be stimulated, the trade deficit will become a trade surplus, corporate profits will increase, and the unemployment and suicide rates will decrease.
Are we really helping Finland?
Help Italy?
In some aspects, what Shen Jiannan said is actually not wrong.
This is the relationship between economic contradictory relationships. Just like the parallel between yin and yang, human beings are derived from the chaos of heaven, and all systems developed naturally in the society of human beings are also in line with the relationship between yin and yang.
Later, the Italian clothing manufacturing industry was able to become the world's first-class brand, thanks to the continuous depreciation of the lira, which stimulated the export economy.
Then, when the brand grows and moves to the upper-level luxury goods route, relying on celebrity endorsements and political public figures and upper-class promotions, every piece of clothing, leather bag, and even scarf is sold at a profit of tens of thousands of times.
Of course, this guy is not much right.
Whether it is An Ning, the governor of the Finnish central bank, or Qian Pi, the president of the Italian bank, he heard this guy's fallacies.
They will definitely say, "Go to your mother's help. I don't want your help. You damn guys should go as far as you go."
It’s just that the highest level of fooling people is always to tell the truth. If you have to say that there is any difference, it is probably taking things out of context, confusing the public and changing the concept.
This will not change from ancient times to the present and then to the future.
And if you believe it deeply, it will be easier to make others believe it.
With frank eyes, irrefutable reality and logic, and compassionate expressions, Anna Seminovic suddenly discovered that she seemed to have too many prejudices against her husband.
Perhaps, it is because the tragic situation of the ruble depreciation affects me! This is wrong.
In contemplation, Anna Seminovic returned to the core area of the transaction. She no longer had the usual frown on her face, and she no longer had the conscience condemnation she usually issued when she issued short selling orders.
It's like an excellent female war god, with fighting spirit all over her body.
"Shen. We are really helping Italy? Why do I always feel that something seems wrong?"
"The Tao can be told, it is extraordinary. The name can be called, it is extraordinary.
It depends on how you understand. If one day you can understand these two sentences, you will know whether it is right or wrong."
“…”
Yulia and Qina couldn't help but turn black. Whenever Shen Jiannan quoted Chinese classic philosophy, they felt that their IQ was pressed to the ground and rubbed.
Too lazy to pay attention to this guy, the two of them walked towards the office in a casual manner.
The central trading area became colder. Seeing the red color in the securities market and foreign exchange market again, Shen Jiannan's eyes became deep and unpredictable.
In the post-era era, among European luxury brands, major Italian clothing brands ranked among the top, and the amount of money they earned every year was so much that they could not count.
But if you really want to talk about the technical content, it is actually that way.
Moreover, European countries are unable to produce cotton due to geographical location, and a large part of the raw materials are imported from the three major cotton-producing countries.
Northern China, SJV Canyon in California, USA and Indian market.
If you can buy European luxury brands to set up factories, relying on the high-quality cotton resources in northern Xinjiang, it can not only reduce costs, but also drive the domestic economy.
Moreover, the development of coastal PX factories can be transferred to South Korea in advance.
By then, it would be a huge profit to sell low production costs as brands as luxury goods back to the European market or even to the American market.
"hey-hey......"
Ah Yeh-
Italy, central bank.
After not sleeping all night, Carlo Azerio Ciampi was not depressed. After finishing the call with Faconel, he felt an unprecedented excitement.
As long as this anti-corruption and bribery can be fully implemented, the country will be revitalized. No matter how bad the situation is, Italy may not be able to return to the glorious era of the Roman period in the future.
By then, the damn mafia would no longer be rampant. Not to mention people who threaten him, even the people would not be able to bully them at will.
Suddenly, Qianpi felt his nose itchy and couldn't help but sneeze.
For a moment, he had a strange feeling, as if an invisible guy was plotting against him.
Of course, who would believe this absurd feeling?
He stood up and did a chest expansion exercise. Qian Pi walked into the bathroom to wash his face. As the cold water stimulated, his eyes were covered with blood, and his whole body suddenly became more awake.
As long as the procuratorate goes well, Italy will definitely avoid this crisis and become better.
Ring--
The ringtone for the opening of the market was in the trading room. Money took big steps and walked into the market trading department with great energy.
Two minutes later, the spot market and the securities market opened simultaneously.
mibtel, 18030.25, a drop of 1.8%.
&l,852.2525, a decrease of 2%.
Chapter completed!