In Tokyo, even the most fierce dragon is afraid of the hatchet

It was like two big slaps in the face of British Finance Secretary Lamont.

the next day.

The German finance minister said very forcefully in an interview with Wall Street News: "Although maintaining the ERM exchange rate mechanism is something that every central bank in the European Community needs to do, considering that the economies of some countries are too bad, there is no harm in a reasonable devaluation."

Although the Italian lira and British pound were not directly mentioned.

But at this time.

The pound is under attack from Wall Street. Germany's signal is undoubtedly a heavy kick, pushing Britain into a country with a very bad economy that is not worthy of the current exchange rate.

The day.

The electronic zerg launched a massive attack on the pound.

The sell-off of £12 billion in the spot market put the Bank of England under unprecedented pressure.

At the same time, massive short selling in the futures market caused the forward market to fall to an unprecedented level.

Faced with market pressure, the Bank of England mobilized 10 billion pounds of funds to launch a defense, but in the end, the currency depreciated by more than 13% in a week.

Everyone understands.

This currency war was led by the United States to suppress the European Community.

So it is impossible to ask the United States for help.

Germany, on the other hand, hopes to occupy the position of the future community's central bank. France also has such an intention. The only power that the British Empire can seek now is from one country, Japan.

After a short meeting.

Lamont contacted Japan's Finance Minister Tsutomu Hata and explained his purpose, hoping that the Bank of Japan could buy British pounds to defeat the attack of the electronic Zerg.

After saying please wait a moment, Haneda Tsutomu hung up the phone and pushed the door open and walked into a room.

Six people, with separate tables and chairs, like in ancient times, each person had their own table, sitting cross-legged on the ground drinking tea.

They all look like ordinary people. If outsiders see them, they will definitely just treat them as passers-by.

But ordinary people prove themselves to be elites, the middle-level people pretend to be stupid, and the top level people are never found.

The six bigwigs who directly control the financial world represent the core strength of Japan's six major financial groups.

Mitsui, Mitsubishi, Sumitomo, Sanwa, Fuji, Daiichi Quanye.

He repeated Britain's request.

Although the six people present were on edge, they exchanged glances with each other. Iwasaki Komiyasu said, "If we help Britain, we will completely offend the United States, and from the current situation, there will be no benefit at all."

"Iwasaki-kun is right! Moreover, if the UK is forced to withdraw from the ERM, it will make Europe feel the real crisis, which will promote their unity to fight against the United States."

"What do you think?"

"Japan Life Insurance has already established sufficient positions in the British pound. This is Sanhe's attitude." The only woman took the teacup and took a sip lightly.

"Ikeda-kun is so lucky to marry a peerless dragon like Nakamura-kun who has foresight!"

"If Mitsui-kun is not satisfied, you can issue a challenge!"

Chapter 415 Who is shorting

London, England.

Although Japan rejected Lamont's request, the finance minister was left with no alternative.

After loudly cursing and scolding the Japanese for not helping him, he hurried to the Prime Minister's residence to report the matter to Prime Minister John Major.

Received Lamont's request for an interview.

The nanny immediately looked for the Prime Minister in the mansion.

However, John Major, who clearly did not go out, could not find anyone there.

The nanny felt very surprised.

He asked the guard at the door to confirm that John Major had not gone out, and then began to search around the villa.

suddenly.

It felt like there was a sound of crying in the closet of the master bedroom.

The nanny was startled.

This unusual crying sound actually came from the closet, which reminded her of many scary urban legends and horror stories.

But human curiosity can sometimes overcome everything.

With deep curiosity, the nanny walked over tremblingly and opened the wardrobe.

A crunch.

The crying stopped suddenly.

John Major in the closet forgot about the pain and looked at the obviously stunned nanny.

"Oh my god! What are you doing here, Mr. Major?"

this problem.

It’s really unspeakable.

After all, being prime minister is a very stressful job.

Moreover, the pound is under attack, and as the country's prime minister, John Major is under a lot of pressure.

His way of venting stress is usually to find a place and cry to release the mental pressure.

But I never expected it.

Today, the nanny discovered this unspeakable secret.

Done!

Such a scene was discovered.

John Major felt completely hopeless.

The Prime Minister actually hid in the closet and cried. If people knew about this, they would be bursting with laughter.

"Well...I'm studying a play recently, so I'm looking for that kind of inspiration...You won't tell anyone, right?"

"You don't have to explain, Mr. Major. I won't tell anyone. Sometimes, if I'm stressed, I'll find a place where no one is around to cry."

The nanny was very sensible and considerate, which made people feel comfortable.

John Major finally breathed a sigh of relief and said, "Thank you, Mary! You came to me so anxiously, is there something wrong?"

"Mr. Lamont has been waiting for you for a long time. It seems that he has something important to talk to you about."

"I see."

Put on a suit.

Tie a good tie.

The man hiding in the closet and crying has turned into the prime minister who will never change color even if the Alps collapse in front of him.

meet him.

Lamont immediately broke the bad news.

"Lamont, I think you must know that confidence is more important than gold."

"Even if Japan doesn't help us, as long as the people are united, we won't be afraid of any enemy."

Lamont disagreed. He said in a serious tone: "Even so, confidence also requires real money, so my suggestion is to raise interest rates now to stabilize everyone's confidence."

"How much do you plan to raise the interest rate?" John Major asked with a slight frown.

"If interest rates were raised to 10 per cent, I think at least £2 billion would flow back to the central bank."

"..."

Half a month ago.

Sweden raised interest rates by 750 basis points overnight.

The effect is very significant.

Seeing that it was impossible to short sell, international capital gave up its attack on the krona, and Finland, another Nordic country, suffered a severe blow, and papermaking giant Nokia almost went bankrupt.

And now, the same problem faces the UK.

Think about it.

Sister Mei took the materials prepared by Lamont and signed them.

Can it stabilize?

After Lamont left.

John Major muttered to himself uncertainly.

The geographical location determines that Britain will definitely be sniped, just like the action launched by Wall Street, which encircled Germany and France from all sides.

After the disintegration of Eastern Europe, it was unable to take care of itself and even affected Finland, which had close trade relations with the Soviet Union and Wolves.

Now Spain and Italy to the south have collapsed.

Britain is the last obstacle in the west.

John Major really had no confidence.

"Suna! Can you believe this?! I just searched the whole villa but couldn't find the Prime Minister, and then I heard crying in a closet."

"My God!"

"I was stunned when I opened the closet door."

"Prime Minister May was crying loudly in there alone."

"I will only tell you this, don't tell anyone else."

"..."

John Major coming out of the closet.