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Chapter 1390 Euro Issuance

On June 30, 1998, this is a time worth remembering in the history of world finance. The euro, which had been difficult for 40 years, was finally officially released today.

The formal circulation launch ceremony of the euro was held at the European Central Bank headquarters in Frankfurt, with the first president Vimussen presided over the ceremony.

Faced with thousands of media outlets around the world, Vimussen first delivered a speech introducing the history of the euro, and also introduced all the adjustments and efforts made by Europe for the euro, such as the Netherlands and Luxembourg's efforts to help Belgium cut public debt, France and Germany helped Spain and Portugal reorganize debts to adjust monetary policy, etc. It is these efforts that have created the euro.

After some introduction, an old man wearing a red dress and a small round hat walked onto the stage slowly.

Zhou Ming was also sitting in front of the TV and watching the live broadcast. He couldn't help but be surprised when he saw the old man: "Who is this person? Why do I feel like I have seen him somewhere?"

Caitlin told Zhou Ming: "You have indeed met him. He is the Archbishop of the Urlesch Federation.

After getting Caitlin's answer, Zhou Ming remembered that he had indeed seen him. The Urlcht Federation is one of the thirteen sects of the Holy See and belongs to the Dutch and Luxembourg royal family.

While listening to Caitlin introducing the relationship between the Urlesch Republic and Luxembourg, Zhou Ming watched Archbishop Vannap come to the stage to hand over the Bible to Vimusen. Then Vimusen pressed his hand on the Bible to sworn, indicating that he would always be loyal to the Father and his duties, and would strive to use his talents and courage to do his job well, and let the euro circulate throughout the land of Europa.

After taking the oath, Archbishop Vannapp took back the Bible and handed Vimusen a scepter of balance symbolizing wealth.

Looking at this scene, Zhou Ming couldn't help but sigh, because if he hadn't known something, he would have thought it was a symbolic ceremony in Europe, but now Zhou Ming knew that the simple picture presented was hidden behind countless games.

The first thing is the simplest and most intuitive is the leadership of European financial, which has obviously fallen into the hands of the Luxembourg family in the Netherlands supported by the Urlesch Federation.

The Urlcht Federation is obviously the dominant leader of Europe, competing with American capital for world capital leadership.

As Luxembourg, with the strongest capital in Europe, he is of course very eager to win this capital world war. Although he cannot win all the winners because of his size, the significance behind winning the leadership of world capital should not be too great.

The simplest and intuitive example is that you need to buy a large oil field in the Middle East, and the other party offers a price of one billion yuan. You don’t need to do anything at all, you just need to start the printing machine. Or you issue a government bond and cannot pay it back when it is due, you can also start the printing machine and pay it off at one time with the principal and interest.

This is the simplest way to transfer the inflation of one's own country to other countries through the internationalization of currency. In layman's terms, it is to absorb the blood of the whole world. This is how the US dollar does.

After a religious ceremony, Vimusen began to introduce the euro: "The euro was designed by a famous Austrian banknote designer. Its theme is the era and style of Europe. The patterns on the banknotes describe the architectural styles of seven periods in the long history of Europe."

"The arches and windows on the front of the banknotes symbolize the development of Europe that will never give up

The spirit of enterprising spirit, 12 five stars represent the integration and cooperation of the entire Europe. The European bridges and maps from different eras on the back symbolize the culture and exchanges of Europe from ancient times to the present."

After introducing the cultural characteristics of the euro, Vimusen also introduced the use of 5 different languages ​​and Vimusen's own signature; in terms of anti-counterfeiting, the euro uses double watermarks, symmetrical patterns, gravure printing, etc., which can greatly increase the difficulty of anti-counterfeiting technology. Vimusen even announced with a high profile: "These technologies make every euro unique!"

With the issuance of the euro, the stock markets of the three major European exchanges rose, especially in Frankfurt, where the European Central Bank is located. The German exchange rose the most significantly. Two hours after the euro launch ceremony, the German index rose by 7 percentage points, which was about to break in the United States. In addition, the stock markets of Britain and France also rose to varying degrees.

Driven by the three major exchanges, the stock markets of other euro zone countries have also risen to varying degrees, especially Ireland and Luxembourg, which have already developed financial industries. The increase even exceeded 10% at one point, but it is not representative because of its small size.

It can be said that the release of the euro stimulated the extraordinary prosperity of the entire European market. Regarding this, a short story called "Ascendant" published in the French Daily can well represent the prosperity of the euro this time.

Ximei is a down-and-out fund investor. He was just fired by the fund company for investment losses.

"They are all short-sighted idiots! As long as I give me a little more time, I will definitely make a lot of money for you! Now that you fire me, you will regret the decision you made today!"

Ximei roared and roared, but it is undeniable that if he doesn't find a way, he might have to go to the trash can to pick up garbage and eat it from next month.

But now the financial industry in France is not in full swing, and there will be no other investment companies willing to accept Plum, which makes Plum angry: "I am not losing money. The current low point is only temporary. When the euro is issued, the entire euro will definitely grow significantly when it goes to the stock market!"

But no one believed him, the judgment of an investor who lost money in investment.

Ximei was very dissatisfied. In order to prove himself, he mortgaged his house to the bank and borrowed a million francs. He invested all the money into stock index futures, and he firmly believed that it would rise.

His wife thought he was crazy and insisted on divorceing him, and even left the house with her children the next day.

However, on June 30, the Paris Exchange rose by 8% a day. In just a few days, he made 300,000 francs through his operations... He later exchanged it into euros and got nearly 200,000 euros.

Ximei did not stop there. He relied on his investment plan to continue to borrow 500,000 euros in the bank, and then threw all into the foreign exchange market. Finally, when he left, he held 1.2 million euros in his hand. In addition to the 600,000 euros returned to the bank, he still had 600,000 euros left. In just half a month, he made more than double the profit.

Plum became a household financial star in France, and his wife came back with her children to beg for his forgiveness.

...

The capital market often says that even pigs can make money when they stand on the wind, but unlike the prosperous European market, the United States

The situation in China seems a bit bad.

Starting from the evening of June 29, almost all American media have been depressing the US economy, believing that with the issuance of the euro, a large amount of capital will flow out of Europe, leading to a large-scale recession in the domestic stock market, and even a circuit breaker.

Such panic spread in the market, which directly led to a 4 percentage point decline in the half hour before the closing on the 29th.

Many media believe that the plunge at the last moment of the 29th is a preview of the 30th, "an unprecedented tragic collapse", "a reenactment of the Great Depression", etc. Many media could not wait to put forward these extremely impactful titles for tomorrow the night before.

However, when the time came on the 30th, the situation did not seem to be as expected. Although the three major stock indexes opened, they were still held at 3% and did not have the expected collapse.

President Wellington calmly delivered a TV speech: "I have said a long time ago that the US financial market is very stable, and the US dollar's status is not something that a new euro can replace. Now the market results have proved everything. The US dollar is still the most valuable world currency in the world!"

In addition to his speech on TV, Wellington also called Piero and Freeman to show off his success.

"I've said it a long time ago that the young Chinese is not trustworthy. Perhaps because God always likes to bless ignorant people, they can always guess the size, but this luck cannot always be with him, just like now, God has obviously had enough of this idiot."

Wellington said: "I remember Zhou Ming said that you were going to short the United States, but judging from the current decline, it seems that this is impossible."

Of course Piero and Freeman understand this. A 3% plunge in half an hour per share is already a big profit for ordinary people, but for Piero and Freeman's plan, this is not enough, far from enough!

So they immediately called Zhou Ming and asked him what was going on.

Since seeing the stock market stable, Zhou Ming has known that they will come to question it, so Zhou Ming is calm: "Do you really believe in Mr. President's words? Have the US stock market supported it?"

Whether Piero or Freeman, they couldn't speak in the face of Zhou Ming's rhetoric questions. Of course, they didn't believe that the US stock market could hold on, but now the facts are in front of them, and they can't believe it.

Zhou Ming didn't explain anything, but then asked back: "All the stock markets in Europe are rising, but the stock markets in the United States are not falling. Where do you think the money comes from?"

Zhou Ming pointed out the key point in one sentence. The capital market emphasizes zero-sum games, which is also the theoretical basis of the capital world war. Simply put, someone earns a dollar, so there must be someone losing a dollar in this game. It is impossible for everyone to make money.

Based on this theory, all stock markets in Europe are now rising sharply due to the issuance of the euro. How could the United States be so stable? This is unscientific!

"So Zhou Ming, do you think someone is deliberately supporting the US stock market?" Piero realized.
Chapter completed!
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