Chapter 556 Greece and Goldman Sachs

"This Mr. Ma Kaiwen invented a formula that can increase the winning rate by 20% by counting cards, while Miss Shiwen can increase the winning rate by observing the opponent's expression and judgment of the card game. We play the simple rules and fewer cards and easy to judge the results. There are only two options: "follow" or "not follow"."

"Just just now, they actually made gestures to me through my bodyguard. I don't need to look back and use the reflection of the watch on my wrist to make a decision whether to follow or not. This doesn't require any high-tech props, nor does it have any superpowers. It's worthless, but as long as I can hide it from the casino monitor and everyone's eyes, it's a perfect performance. Although this does not guarantee that I will win every time, in a theoretically half of the game, I will get an extra 30% advantage, and you will definitely lose from the beginning."

Yang Xing slowly told him the tricks of winning, and the nobles on the other side who had always been condescending to each other changed their faces. They originally thought that Yang Xing had asked the Rothschild family to find investment, and the other party would definitely beg for a low-key attitude. So they proposed to use the gambling game to test Yang Xing's intention to hold a Hongmen Banquet. Both sides were fighting scheming at the gambling table, observing their expressions and judging whether the two sides were worthy of cooperation. But now Yang Xing openly announced that the betting game did not compete fairly at the beginning, but was always making a thousand yuan. Now he is still openly publishing the secret. Is this strong attitude he wants to not want to cooperate at all, and has broken up?

Finally, their minds burned by anger still retain a hint of clarity. The good education immediately made them realize that Yang Xing would definitely have something to say about this, so they all patiently left without bending their sleeves and continued to listen to Yang Xing's following: "I will open in the new casino in Macau next month, and Miss Shiwen will serve as deputy general manager. Mr. Ma Kaiwen will also serve as technical consultant and use their unique skills to serve me. They will give you invitations to open the casino and VIP cards later. I hope you can come here."

"Many people say that life is like a gamble. Every major choice is like betting, and the consequences are unknown. But I do not agree with this point of view. I believe that success always favors people who are prepared, especially if they can set rules by themselves, they can be invincible. Just like there will never be a fair bet in a casino. Even if there is no cheating, the biggest winner of the casino will always be the casino dealer. If the dealer cheats again, the balance of victory and defeat will be self-evident. So if my bet with you, if we know the result at the beginning, why do we still need to take unknown investment risks like ordinary people? The reason why Mr. Rothschild introduced me is because I have the inside story that others cannot know and can pick the sweetest fruit of victory!"

If Yang Xing said this before the bet starts, it would be a bit boastful. But now seeing his "game record", these European nobles are finally willing to face up to Yang Xing's words. "But the scale of investment you need is too large, and the background information you give us is vague. We don't like the mystery. After all, what we invested in is real money and we need certain guarantees!" A woman who came from the Eastern European royal family and now can only live in Italy and cannot go home is dissatisfied with the dissatisfaction of a woman.

Yang Xing glanced at her and had concluded in his heart that this old woman was too timid and was probably not a good partner. However, in the face of the questions of potential investors, he had to answer positively: "So, friends, now it depends on whether you have the courage to let go. There is no 100% investment that wins 100% in this world. Even if I promise, I am afraid you will not believe it. I cannot guarantee that your investments are safe, just like I can only increase the winning range of 30% even if I make a fraud. The higher the return, the higher the risk. I think everyone knows. As for the specific content of the investment, I also hope that the fewer people will come into contact with insiders, the better. Sometimes the more informed people, it means that the secret may fail, and then our investment is even more dangerous. However, since I want to prove my strength to you, I will provide a few pieces of information first to let everyone see if it is useful."

Yang Xing first asked Oden Rothschild to contact the casino manager to turn off the surveillance instruments here. Their gambling table is located in the private room of the VIP area of ​​Monte Carlo Casino. The walls are surrounded by sound-absorbing materials. After closing the monitor, it is completely airtight, and the news is unexpectedly leaked.

"Of course I explained in advance. Now what I said can only be used as a reference. Forget it, just listen to it, but don't say it was my suggestion!" Yang Xing said the opening remark in a joking tone, but it obviously had little effect. He felt that several pairs of eyes staring at him with bright eyes, so he had to cough twice and ask the Greek nobleman Otprio first, "I heard that Greece is going to join the euro zone this year, so there is no big problem, right?"

Although Russia Prio did not understand Yang Xing’s intention, he still answered with pride, "Of course there is no problem. My investment adviser has strongly recommended me to purchase Greek long-term government bonds, saying that once Greece joins the EU, the exchange rate will be much higher than the original Greek currency, Dramark. As long as you take action in time, you will definitely make a lot of money."

The EU was formed in 1999, and the euro began to be trial-run. However, due to the continuous decline in the exchange rate of the euro against the US and Japanese yen in the beginning, the European countries that were ambitious to use the euro to fight the hegemony of the US dollar were very bad. The EU leaders summed up the lesson and came up with a solution to expand the alliance as soon as possible to strengthen their strength. However, Greece, as a founding member of the EU, stipulated that the European Economic and Monetary Union member states that the European Economic and Monetary Union member states must meet two key standards--the budget deficit cannot exceed 3 of GDP and the debt ratio is lower than 60 of GDP, while Greece did not meet the standards and was rejected from the euro.

At this time, the fifteen EU members, except for the United Kingdom, Sweden and Denmark, decided not to join the euro for the time being, Greece became the only EU member not in the euro zone, and suddenly became a sick man and laughing stock in Europe. This feeling was quite uncomfortable. However, after a period of "sleeping on firewood and tasting gall" by Greek politics, it was officially announced this year that it had met the standards for joining the euro zone. It was no wonder that Russia Prio was proud.

"If I tell you that your country has escaped the financial review of the euro zone through financial fraud, and in order to pass the customs, the current debt is also extended to the next ten years by borrowing new debts to compensate for old debts, and the interest to be paid is higher, and it will be distributed to each Greek national in the future, so that the heavier debts they bear may become a time bomb that explodes in the future. Do you want to purchase Greek long-term government bonds?"

Yang Xing's words were like a basin of cold water poured the Russian Prio from the beginning. He said with a disguised look, "How is this possible?" Yang Xing continued to attack him without any compassion, "It's so impossible. I can reveal some more inside information. This is a fake account made by the Greek government and Goldman Sachs in the United States. From 1998 to now, Goldman Sachs has helped Greek government to do many forward currency swap transactions, involving transaction amounts of up to tens of billions of dollars, and most of them were borrowed by Goldman Sachs for Greece. Most of these transactions are named after the Greek gods. If you are interested, you can check the transaction contracts signed by the Greek Ministry of Finance and the central bank. They are all publicly announced. Let your financial experts take a closer look at the transaction content and specific terms. If you really don't understand it, you can consult Goldman Sachs to see if what I said is wrong!"

Of course, Yang Xing would not speak nonsense. In fact, the debt crisis that broke out in Greece more than ten years later was the hidden danger at this time. This practice of whitewashing the books is actually equivalent to a certain kind of financial derivatives transaction, which was called "financial innovation" by Goldman Sachs. Yang Xing's subordinates have studied this in detail, so he naturally knew it clearly.

The main content of the transaction reached by Goldman Sachs and Greek political fu is that Goldman Sachs asks Greece's political fu debt to be issued in US dollars and other currencies first, and then exchanges back euro debt at a certain time in the future. After the debt expires, Goldman Sachs will exchange it back to the US dollar. This involves currency exchange rates, and if the exchange rate is compared according to the market exchange rate, it will not be tampered with.

Goldman Sachs set a preferential exchange rate for Greece, allowing Greece to obtain more euros. That is to say, Goldman Sachs secretly borrowed a certain amount of euros from Greece and agreed to a low exchange rate. Greece used a ten-year or even longer loan repayment period to reduce the public debt ratio of the Greek government, so that the national public debt ratio could be maintained below the level of GDP3 stipulated in the Maastricht Treaty.

After such a touch-up, Greece's balance sheet looked glorious, and Goldman Sachs was certainly not a white horse knight, and only paid no return. First of all, they could get at least one billion US dollars in commissions from this transaction. In order to thank him for his "help", Greece's political fu promised to package the funds that Goldman Sachs lent to Greece through financial tools and then sell them back to Greece.

In this way, Goldman Sachs makes huge profits without taking any risks. The only unlucky is the ordinary Greek people. Due to the complexity of financial derivatives transactions, it is difficult for Greek officials to understand the inside story of these transactions, let alone ordinary people. Only when the debt of Greek governments begins to quietly expand, and one day in the future, causing Greece to be blown up, can we find the evil intentions of Goldman Sachs's preservation when they look back.

The nobles present may have a noble personality, but they are not idiots. Rothschild could invite them to investigate Yang Xing's investment plan, and they also have some understanding of finance. Yang Xing simply gave some basic descriptions of the currency swap contract between Goldman Sachs and Greek politics. They understood a general idea. After pointing out the loopholes and traps in these contracts through Yang Xing, they almost came to a conclusion that Greek finance is already in crisis, and they are afraid that a small push will fall down like a domino!

Please give me a monthly ticket and please give me a collection and click

*
Chapter completed!