The UK announced that it would give up maintaining the pound exchange rate, cancel the two previous interest rate hikes and withdraw from the European exchange rate system. ( ))).})).

This is news that shocked the world. Wall Street Financial Channel commented: This is a feat of Genesis, because before that people only thought that the so-called hedge funds were just a trick to deceive children, but when this trick to deceive children defeated the Bank of England, people suddenly realized the huge benefits that hedge funds can bring with long investments.

However, what is ridiculous is that hedge funds initially use long investment to reduce risks and stable returns, because when people buy stocks rise and fall, no matter how the stocks will develop in the future, investors' investments can make money. Now when Joros shows the world another way of playing hedge funds, it is very likely that the future will be the gold extension of hedge funds.

Compared with financial newspapers, the New York Times commented from another aspect: Last October, the scene of Britain joining the European exchange rate system is still vivid in my mind, but now it is only half a year before they are about to be kicked out of this system. It is a great irony for Britain or the entire Europe, and it also shows the major flaws in the European exchange rate system.

Many times, destroying a seemingly solid dam only requires an ant hole, and Joros and his Quantum Fund just found this ant hole and then defeated the Bank of England.

However, they also opened a Pandora's cartridge because Joros used his actions to prove to the world that it is completely feasible to destroy a country's economy by using financial means. Then after Britain, God knows which country Joros and his speculative partners will attack, and more importantly, no country can prevent this.

Finally, there was a comment from London Finance, and he pointed his finger at Europe: this was a failure of Great Britain, but it also showed the failure of the entire European exchange rate system, because the European exchange rate system is an alliance system where all European members gather together. However, when the pound faces the crazy selling of speculators, the whole Europe just lies in bed and sleeps. The pound has paid the price for its stupid trust in Europe.

We have reason to believe that the failure of the pound is just the beginning of the collapse of the European exchange rate system. Then, under the impact of international hot money, the protection of the pound will be lost, and the European exchange rate system will only suffer a greater impact!

It is not difficult to see the direction of the media around the world from Wall Street and London. After all, what impact will the depreciation of the pound and the UK's withdrawal from the European exchange rate system have on the situation around the world? Or after the hedge funds completed the attack on the pound, the media also want to know whether they will become confident and continue to attack which country.

But only the media in Michigan have noticed the impact of the depreciation of the pound on Big Wood Bank, and directly commented that if the support of the British bank is lost, Big Wood Bank will face a more difficult dilemma.

Fortunately, all public opinion is more concerned about the international side, so the stock of Big Wood Bank only fell by four percentage points. Of course, this result is related to Martin and others who have already got what they want, so they do not continue to run the Big Wood Bank.

When the United States and the entire international public opinion were in a turmoil over the pound, Itley, who was the source of everything, was not so calm.

Just the second day after the pound sterling withdrew from the European exchange rate system, Zhou Ming and George came to the Italy Convention Center, a landmark building in the center of Italy, a historic skyscraper. Zhou Ming and George rushed straight to the small conference room on the 2o floor, and opened the door to the conference room, and there was already someone sitting here.

When they saw Zhou Ming and George coming in, they all stood up subconsciously, but then Zhou Ming waved his hands to them and sat down first, all the talents went back.

If there were media here, they would be very surprised to see this scene, because sitting here is Mayor Martin of Italy and the heads of the three major auto families, plus George of the Great Wood family, it can be said that they are all the GDPs of Italy.

But now there are such a group of people standing at the top of the Itali Pyramid, but they all regard Zhou Ming as the center. When Zhou Ming sat down, they sat down.

Everyone sat down and Zhou Ming immediately said: "The people who should come have arrived, so I'll say that with the depreciation of the pound and the withdrawal of the European exchange rate system, it directly led to the dilemma of the Great Wood family. The investment industries of the Great Wood family are spread throughout the various industries of Itley. The fall of such a family will inevitably attract a lot of hungry wolves."

"As far as I know, Chicago in the west and Cleveland in the east are eyeing the industry of the Great Wood family. If it were a month ago, this would certainly not be a problem for the Great Wood family, but it is a headache now."

Zhou Ming said as he took out a document: "Just yesterday, the Cleveland Consortium had already started the acquisition of Field Steel, and now it has more than 20% of its shares; and the Chicago Consortium also acquired more than 40% of its shares in Green Rubber; as for consortiums like Rockefeller and Morgan, they have already started against George Trust and Lesson Insurance."

"I don't know what you think of these things, but I saw a word, my lips were gone and my teeth were cold." Zhou Ming continued, "Maybe these companies sounded like nothing to do with you, but their steel, their rubber and their funds were all what you always need. Now that you have lost these companies, it is difficult for these consortiums to use these companies to jamm your throat in the future."

"You might as well think about it. In the future, you will produce cars, but they have increased the prices of steel and rubber. Can you still maintain the current profit? What if these consortiums use this to make more excessive demands on you? Should you agree or can you only agree?" Zhou Ming asked.

With Zhou Ming's words, these people lowered their heads. They all understood every word of Zhou Ming. In fact, this is also the most important reason why they gathered here today.

Of course, they want to overthrow the Big Wood family, but this is also the premise of being able to get the Big Wood family industry. After all, killing people is even more lewd. Wife and daughter are always the most robber. On the contrary, if they finally kill the Big Wood family but let others get the advantage, they will definitely stop doing it.

Martin and the three major auto families looked at each other, and finally Martin stood up and said, "Mr. Zhou Ming, we can understand what you said, and we don't want those bastards to share our Yitley's wealth, but we really can't do anything about it now!"

With Martin taking the lead, Richard, the chairman of TF Motor Company and the patriarch of the TF family, also said: "Mr. Mayor is right. We Italy was originally at a disadvantage in finance and had to take advantage of the financial advantages of other eastern consortiums. Now Big Wood Bank is in trouble and we cannot resist the impact of foreign capital, just like the pound, let alone those companies are simply colluding with foreign capital."

The other two major auto companies also said: "Yes, we want to control the situation before those foreign capitals, but we don't have that much money at all, and we don't know where those foreign capitals will start and what companies they want to acquire. This is impossible to come up with a countermeasure."

"That's why I acquired 35% of the shares of Big Wood Bank, hoping to stabilize the decline of Big Wood Bank. As for why it is 35% of the shares, it is because I can only take out so much money now."

Zhou Ming joked, and he continued: "Since you all say that the foreign capital is coming in full force, not only their funds completely crush you, but their entry angle is also very tricky, making it difficult for you to guard against, then we should give up and give them whatever they want. We will withdraw from the city of Italy ourselves. Anyway, we have no obligation to defend Italy."

When Martin and the three major automobile companies said this, they were shocked at the time, because they never thought that Zhou Ming would finally say such a solution.

At the first moment, Martin thought Zhou Ming was joking. It was not until Zhou Ming repeated it seriously that they realized that Zhou Ming was really serious. But the question is why Zhou Ming said so at this time? Doesn’t he want to care about their affairs anymore?

Thinking of this, Martin reminded Zhou Ming a little angry: "I think it is necessary to say, Mr. Zhou Ming, the reason why you can get 35% of the shares of Big Wood Bank is that you have received help from me and the three major auto families. You cannot abandon us at this time."

The three major automobile families also echoed with each other: "Mr. Zhou Ming, you have to be moral! Since we have helped you, you have to help us. If you want to abandon us now, we will definitely not let you go!"

Zhou Ming smiled: "Why do you think I am destroying the bridge? I will ignore you after I get my interests? Then why don't you think about it carefully? If this is the case, I'm afraid I will have no reason to appear here today. Wouldn't it be better to leave Itley and return to San Francisco directly?"

A word woke up the dreamer. Zhou Ming's words made them realize that if Zhou Ming really wanted to let go, he would just leave. Why should he come to attend this meeting?

Zhou Ming looked around and saw that everyone was still confused. He shook his head helplessly and said, "It's really hard for me to imagine how you succeeded the family with your IQ. I'm afraid this is why Itley has three major automobile companies and surrounding parts cars, becoming a large industrial cluster in central America, but it has never been able to show a competitive consortium. Even Chicago, which sells corn and tractors, is ten times better than you!"

Whether it is Martin or the other three major auto companies, it is certainly not mentally retarded to be able to take their position. There are many reasons why Itley failed to create a powerful consortium. However, today they are indeed worried about Itley's situation, so their minds seem a little insufficient.
Chapter completed!