The rescue plan proposed by the US government was approved by the House of Representatives yesterday, on the afternoon of October 3, and was officially implemented by President Xiao Feishao. But what was surprising was that Wall Street, the biggest beneficiary of the government's rescue, suddenly changed its face after the plan was passed, and the three major indexes fell together.

The launch of the rescue plan has given Wall Street a breather, but concerns about the economic outlook have caused stock indexes to fall.

The market has become a frightened bird, and Andy knows that this is Wall Street is also worried that the rescue plan adopted by the government will not be enough to drag the US economy out of the shadow of recession, because economic data is becoming less optimistic.

The 700 billion US dollars invested in the market can only save the superficial problem and cannot solve the fundamental problem. The 700 billion US dollars can only deal with the bad debts on the books so far, but they are powerless to do anything about the new bad debts that continue to burst in the real estate bubble.

But no matter what, Wall Street finally ended its "worst week", with only one day rising in five trading days, and a drop of 777 points in the worst day.

Just as Andy said when facing the media pretending to be 13, the British will not be able to see jokes in the United States and will be unlucky if they cannot see jokes, including Europe.

During this week, the financial crisis spread rapidly to Europe, which also led to a deeper panic in global finance. Moreover, Europe does not have a unified fiscal and integrated central bank like the United States that can quickly intervene in the market. Therefore, European banks are more likely to be bankrupt and bankrupt due to lack of capital.

In the study, Andy was sitting in front of the computer and having a video conference with his subordinates in the UK, listening to the work reports for the past week, and more importantly, determining the next stage of the "strike target".

For the 'robbery' of the European financial market, Andy had no psychological burden at all, and he wanted to directly empty Europe's wealth.

"Iceland!"

After Andy listened to the report, he set his goal without hesitation as the protagonist of Iceland, the most familiar national bankruptcy news in his previous life.

No matter how small a country is, it is also a country based on the financial industry. What can be more quickly accumulating wealth than robbing a country?

"Iceland is a small Nordic country with a population of about 320,000 people and a total economic output of about 19 billion US dollars. In the mid-1990s, the Icelandic stock market once boomed, which stimulated the development of the country's banking industry. The total assets of Iceland's banking industry are equivalent to 9 times the country's total economic output." After Andy finished speaking, a data analyst introduced the situation in Iceland with a quick speech.

"Icelandic banking industry has expanded rapidly compared with other economic sectors, which has laid hidden dangers for the outbreak of the current crisis. Under the raging financial crisis, Icelandic banking institutions have suffered severe impacts and suffered from shortages of funds. It is reported that Icelandic residents have recently discovered that they are unable to withdraw or transfer funds from some banking institutions in the country, which has caused considerable panic in the country.

The GDP in 2007 was only US$193.7 billion, while the assets of its major banks reached US$128 billion, owing more than 100 billion euros in foreign debts, and the central bank of Iceland could use only 4 billion euros in liquid foreign assets.

All data show that all the three major banking institutions in Iceland are in serious difficulties, and it is only a matter of time before they are taken over by the government. At present, the exchange rate of the Icelandic Krone against the euro has begun to fall sharply."

"How much money can we use?" Andy asked, touching his chin and narrowing his eyes.

"In addition to the £2 billion of which is shorting the UK banks and some companies, the previous earnings from the gold and foreign exchange markets have made us very well funded, and there is £3.2 billion that can be called at any time."

Andy's lips curled up, with a big curve, and his smile became very bright. Sure enough, he was a financial fan. Only by hearing the increase in money was the happiest thing that made him happiest. Although he had seen the capital data from the briefing, listening to his subordinates' reports would still make him smile.

"Concentrate your strength and short the Icelandic Krona. I believe that many forces have targeted Iceland now. Hedging against the Icelandic Krona exchange rate is the most direct and simple way, and you can quickly plunder wealth." Andy said calmly. As for the banknotes in the hands of the Icelandic people, what is soaring in prices, then he will no longer be within his consideration.

"The exchange rate plummeted, and the Icelandic government will definitely announce the fixed price comparison between the Icelandic Krone and the euro..."

Andy smiled and shook his head, directly interrupting his subordinates' concerns, and said directly: "The trend! How much money can they still pay for the market? They have no room for resistance. In the foreign exchange market, their Icelandic Krona will usher in a ruthless sale.

Even if other countries rescue, the scale of hundreds of millions and billions is just adding fuel. If they don’t save the market, what will we make? They will eventually announce that they will give up supporting the Icelandic Krona exchange rate because they do not have the ability to support this exchange rate."

Andy looked at the people sitting in the conference room in the video window with a burning eyes and said, "Iceland is more like a private investment fund than a government. Now, they have become the most vulnerable country. All we have to do is rush in and take everything away!"

"I understand, boss!" Everyone responded with a serious expression.

"This time, there will be a three-place linkage, so everyone, let's divide the difference!

I have never been a stingy person. This time, the team with the largest revenue will receive 5% of its revenue as a bonus!

I have given you the opportunity to become a rich man. Whether you can seize it depends on your own!”

"Long live the boss!"

"God, boss, I love you!"...

As soon as Andy's motivation plan came out, everyone in the conference room had green eyes and began to shout excitedly. Andy laughed and shook her head and turned off the video, then picked up the phone to notify Badstone, Alvetre and the team at the foot basin. They were equally excited and shouted that the first one belonged to them.

Andy's mouth was raised up, and he had been trained to be full of wolves. The greedy group of people would bring him a good harvest.

The reason why we have to use heavy profits to encourage them this time is mainly because the foreign exchange market is a market that never stops for 24 hours. The most obvious difference between it and other trading markets is the continuity in time and the non-binding in space!

Without focusing on profits, how could they work hard without wasting a second and make money for themselves?

Similarly, Chongli is also the most effective way to retain talents and cultivate disciples of your own business. Look at mg Chase, mg Stanley, Goldman Sachs...

The disciples they used their profits to make will never forget their origins wherever they went. They used this as their superior capital, and at the same time they also gave back to these companies at all times.
Chapter completed!