"As long as you pay your taxes on time, I guarantee you won't."

"Damn it, IRS!" Robert sat next to Druckenmiller.

The three people sat around the small table and started plotting.

Soros asked with concern: "How big is the risk of the pound."

"The pound is very liquid. Even if you are wrong, you can close your position at any time with a maximum loss of 0.5%."

"How much can we earn?"

"If it plummets, then the profit will be 15% to 20%"

"This income is good, what is the probability?"

"Have you all read the report of the Harvard University economics expert team? It is consistent with our think tank analysis, and the possibility is 90%."

"How much does it cost to invest in Bankers Trust's fund?"

"The leverage will be increased to 5 times."

"Is 5 times enough?"

"The country only has 22 billion pounds of foreign exchange reserves, which is approximately equivalent to 44 billion U.S. dollars. The main buyer now is the Central Bank of the Republic of China. Once the country's foreign exchange reserves hit the bottom, they can no longer add to it. So the maximum size of our short position is 440

billion US dollars."

Druckenmiller interjected: "We can probably short $15 billion."

Soros suddenly showed a strange smile, "No, we should raise more, 15 billion is not enough, we can do more than 25 billion."

"You're crazy!" The other two were shocked.

"The Great Empire can't last long." Soros laughed, then picked up a table knife and cut hard on the small cake in front of him.

A war without gunpowder is no less dangerous than a hot war, and Quantum Fund is not the only player to suffer the consequences.

Other hedge funds on Wall Street and major banks are involved, and they all want to take a bite of this delicious cake.

Faced with a pack of wolves, all European countries have become delicious prey.

On September 8, the first cannon fodder was born - Finland.

Finland failed to withstand the sell-off on Wall Street on the first day, with the Finnish mark falling 15% that day.

On September 9, Sweden, the second target of the attack, fell.

Then Wall Street targeted the Italian lira. In response to the attack, Italy borrowed US$36 billion in lira from Germany in advance.

However, this struggle has not had the slightest effect.

On September 11, the lira fell below the lower limit allowed by the exchange rate mechanism.

On September 12, Italy began negotiating a formal devaluation of the lira. As part of the lira devaluation agreement, the Bundesbank promised to cut interest rates by 0.25%.

……

The Finance Minister of the Republic of China has been unable to eat anything since he came to Monte. He looked at the consultants in the office and asked with a serious face: "Gentlemen, please tell me a clear conclusion now, can the Republic of China withstand it?"

Several consultants looked at each other, discussed a few words, and finally expressed optimism that there would be no problem.

"The central bank has survived August and can still withstand the shock in September. And we have raised US$14 billion. The third point, and the most important point, is that the Bundesbank has begun to cut interest rates. Although it is not much, it has been lowered.

One point is an obvious signal."

"The most important thing in the financial market is confidence, and interest rate cuts are the best booster for this."

I don’t know if Dai Ying’s market has confidence, but Laimeng gained confidence at this time. He stood up and said with a smile on his face: "I will report to the Prime Minister right now."

When he walked into the Prime Minister's Office in Downing Street with a cheerful pace, he reported his subordinates' judgment to Prime Minister Major with full confidence.

"No matter how you say it, the central bank of the Republic of China will kill me if it wants to kill Wall Street funds!"

Prime Minister Major nodded, but he still sighed in his heart, when did the Daiying Empire become like this, becoming a piece of fat and being besieged.

Think about how powerful the empire was back then.

The state of vigorous vitality and all things competing is still before our eyes, but it is a pity that the sun never sets has become the sun cannot set.

Just as the two of them were sighing, a secretary hurriedly rushed into the Prime Minister's office.

"Your Majesty Prime Minister, something bad has happened. We found two banknotes with the same number."

"What?!" The Prime Minister stood up from his chair, shook a few times and almost fainted.

Laimeng was completely stunned. He jumped up from the chair and grabbed the secretary's collar. "How is it possible? Are you making a mistake?"

"Sir, look." The secretary took out the two bills with a pale face.

Lamont grabbed the banknotes and examined them carefully. Then he found that he couldn't tell which banknotes were counterfeit. He quickly comforted himself: "No, it can't be counterfeit banknotes. It may be a printing error by the bank."

"This..." the secretary hesitated, "This kind of printing error is almost impossible."

Prime Minister John Major, who was previously the Chancellor of the Exchequer, quickly came to his senses and shouted: "Hurry up and check the newly received banknotes to see if there are any more?"

Soon, news came out that there were more and more two banknotes with the same number.

Prime Minister Major looked ashen and asked, "How many are expected?"

"Maybe more than a billion, or billions." The secretary's voice became lower and lower.

The Prime Minister slumped directly in his chair, with only one thought flashing through his mind.

It’s over, it’s all over!

Lamont was at a loss for words. He panicked for a while and said quickly: "Your Majesty Prime Minister, hurry up and announce the abolition of 50 pound banknotes from circulation immediately, otherwise the country's currency will collapse soon."

"No!" The secretary immediately stopped Lamont's proposal, "Mr. Lamont, you can't do this, and you must strictly block the news. Once the news gets out, the entire Korean economy will be ruined."

Laimont's eyes were red, "Then let the counterfeit money circulate?"

"What can be delayed is only a moment. We cannot break news that is not beneficial to the country at this time!" the secretary said harshly.

Prime Minister Major woke up at this time, his eyes were dull for a long time, and then he slowly turned to his secretary, "Then what should we do at this time, just dragging on like this?"

The secretary said seriously: "In the first stage, we publicized that nothing happened."

"So what's next?"

"In the second stage, we said that something might happen, but we should not take action because it might harm the interests of the Republic of China."

"..."

"In the third phase, we said maybe we should take action, but we couldn't do anything."

"Then what happens in the end?"

"In the fourth phase, we said maybe we could do something initially, but now it's too late."

Prime Minister Major looked confused and asked tentatively: "In other words, we are doing nothing now?"

"Yes, Prime Minister."

"May God bless our country!" Prime Minister John Major and Chancellor of the Exchequer Lamont began to pray together.

……

At the opening of trading on Monday, September 14, the central bank spent US$700 million to buy pounds. At the same time, due to Germany's interest rate cut last weekend, the pound appreciated slightly.

On September 15, Soros began to issue instructions for a general offensive and personally called to find counterparties willing to buy pounds.

After the news that Quantum Fund was shorting the pound spread, the bank traders who received Quantum Fund's sales orders also began to sell. Everyone knew that the pound could not hold up.

The pound has quickly fallen below the lower limit, and there are almost no buyers for the pound.

At this time, the reaction on Hong Kong Island became even more intense. Everyone who bought bonds panicked. They were selling everywhere and were eager to sell off the bonds.

A large number of bond-buying customers even surrounded the offices of Changhe Group and the Huang family villa.

"Pay back the money! Pay back the money!"

"Infinite merchants, return my hard-earned money!"

A large number of people carried banners and shouted loudly with loudspeakers, demanding that the Huang family repurchase the bonds at the original price.

Being stuck in the office, Huang Chengju was so panicked by the momentum that he immediately called his father Huang Jiatai.

"Father, many people are blocking the door of the company now, asking us to repurchase the bonds at the original price?"

"A bunch of unscrupulous people from tmd!" Huang Jiatai yelled, "There are no fathers and sons in the shopping mall. They are willing to admit defeat and leave the deal. Do they understand the spirit of contract?"

"We have told them before that investment is risky. If you can make money, go ahead and make us responsible. How can there be such a good thing!"

Huang Chengju wiped his sweat and said, "Father, what should we do with those people outside?"

"You can find a way to appease them and tell them not to panic. The country of Yu is so powerful, how could something happen so easily?"

"Okay!" Huang Chengju calmed down and walked out of the company with a few assistants.

Seeing Huang Chengju come out, the people of Hong Kong rushed forward, and the noise surrounded Huang Chengju and his assistant.

The loud noise made him dizzy.

"Quiet, everyone! Quiet, everyone!" Huang Chengju grabbed a loudspeaker and shouted, "I can understand everyone's mood, but I ask everyone not to panic, this is just a technical adjustment!"
To be continued...