American Fortune Life

The city rescue programme proposed by the United States Government was approved by the House of Representatives yesterday afternoon, October 3, and officially signed by the President's small flying shoes. But the glasses fell sharply when Wall Street, the government's biggest beneficiary of saving the city, suddenly changed face after the program passed, and the three major indices fell together.

The landing of the bailout boots allowed Wall Street to breathe, but fears about the economic outlook led to a fall in stock fingers.

Now the market has become a shocking bird, a chicken fur, and Andy knows that this is Wall Street and worries that the government's bailout program is not enough to drag the U.S. economy out of the recession, as economic data is becoming less and less optimistic.

Seven hundred billion dollars went to the market to save fur and not solve the underlying problems. $700 billion could only dispose of the bad debts on the books so far, but nothing could be done about the new bad debts that continued to arise from the continued collapse of the real estate bubble.

But anyway, Wall Street finally ended its "worst week" with only one day up in five trading days and the worst day down by 777 points.

As Andy said earlier when confronted with media outfit 13, the economic crisis in the United States has left Englishmen unable to see the jokes and with bad luck, including in Europe.

The rapid spread of the financial crisis to Europe during the week also led to deeper global financial panic. And Europe does not have a central bank as unified and integrated as the United States, which is able to intervene rapidly in markets. As a result, European banks are more vulnerable to bankruptcy and collapse due to lack of capital.

In the study, Andy is sitting in front of a computer, videoconferencing with his people in the UK, listening to the work of the week and, more importantly, identifying the 'hit targets' for the next phase.

For ‘robbing’ European financial markets, Andy had no psychological burden whatsoever, and he was eager to empty Europe's wealth directly.

“Iceland! ”

After listening to the debriefing, Andy did not hesitate to target Iceland, the leading actor in the most familiar national bankruptcy news of his previous life.

No matter how small it is, it is also a financial industry-based country. What better way to accumulate wealth than to rob a country?

“Iceland is a small Nordic country with a population of about 320,000 and a total economy of about $19 billion. The boom in Iceland's stock market in the mid-1990s spurred the country's banking sector. Iceland's total banking assets are equivalent to nine times the country's total economy.” After Andy's voice went down, a data analyst gave an account of Iceland on the speed of communication.

“The excessive and rapid expansion of Icelandic banking in relation to other sectors of the economy has created hidden dangers for the outbreak of the current crisis, which has ravaged Icelandic banking institutions and suffered from funding shortfalls. Icelandic residents have reportedly recently discovered that they are no longer able to withdraw or transfer funds from some of the country's banking institutions, which has caused considerable panic in the country.

The gross domestic product (GDP) in 2007 was only $19.37 billion, while the assets of several of its major banks amounted to $128 billion in size, owed more than €100 billion in external debt and only €4 billion in liquid foreign assets were available to the Central Bank of Iceland.

The data show that all three major Icelandic banking institutions are in serious difficulty and that it is only a matter of time before the Government takes over, and that Icelandic kroner exchange rates against the euro have begun to fall significantly. ”

“How much money can we use?” Andy touched his chin, his eyes squinting and asking.

“Apart from the £2 billion of which is running out of UK banks and some businesses, our previous earnings from the gold and foreign exchange markets have made us very well funded, with £3.2 billion available for call anytime. ”

Andy had a curved corner and a very bright smile. Surely, he was a financial fan. The only thing that made him happiest was hearing the increase in banknotes. Although he had already seen the funds data from the briefing, listening to his own men would still make Qing laugh.

“Focus on Icelandic kroner, believing that there are already a lot of forces on Iceland, hedging Icelandic kroner exchange rates is the most straightforward and straightforward way to plunder wealth quickly.” Andy's expression was blunt, and as for the frantic devaluation of the banknotes in the hands of the Icelandic people and the soaring price, it was no longer his concern.

“With the exchange rate plummeting, the Icelandic Government will certainly announce a fixed price of Icelandic kroner to the euro... ”

Andy smiled and shook his head to interrupt his men's fears and said, “Great! How much more money do they have in their hands? They have no room for resistance at all, and in the foreign exchange market, their Icelandic kroner will be relentlessly sold.

Even with help from other countries, hundreds of millions, billions of dollars are just firewood. They don't save the city. What do we make? They would eventually renounce supporting the Icelandic krone exchange rate because they were not in a position to do so. ”

Andy glanced at the people sitting in the conference room in the video window and said, "Iceland is more like a private investment fund than a non-governmental organization. Now, they're the most vulnerable countries, and all we have to do is rush in and take everything! ”

“Got it, boss!” Everyone looked solemn and responded simultaneously.

“This time it will be a trinity, so let's split up!

I have never been a stingy person, and this time Operation Ice Break, the first team will receive 5% of its earnings as a bonus!

I've given you a chance to be rich. It's up to you! ”

“Ah- Long live the boss! ”

“God, boss, I love you! ”

As soon as Andy's incentive came out, everyone in the room had green eyes and started yelling excitedly, Andy smiled and shook his head off the video, then picked up the phone and informed Budstone, Alvitelli and the team in the foot basin, equally excited and shouted first for them.

Andy's mouth is curling and has been cultivated by himself to be filled with wolf xing, and this group of greedy people will bring him a harvest.

The reason for whipping them with heavy profit this time is mainly because the foreign exchange market is a 24-hour market, and the most obvious difference from other trading markets is time continuity and spatially unconstrained!

Without heavy profit, how could they not waste a second trying to make money for themselves?

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Wherever they go, their disciples with heavy profit will not forget their origins and give back to these companies at all times while using them as first-class capital of their own.

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