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Quantum funds are the pride of the financial industry, so much so that when people talk about the turmoil in the financial markets in the 90s, people always associate Soros with the turmoil in the financial markets. Pen, fun, pavilion www. biquge。 info

This is indeed his proudest and most brilliant achievement. In the early 90s, in order to cooperate with the linked exchange rate within the European Community, the pound exchange rate was artificially fixed at a high level, triggering the attack of international currency speculators. Although the Bank of England vigorously threw out the Deutsche Mark to buy the pound and cooperate with the measures to raise interest rates, it was still unable to resist the attack of the Quantum Fund and retreated, and the pound was forced to withdraw from the European monetary exchange rate system and float freely, and the pound exchange rate fell by 20% in just one month, and the Quantum Fund made hundreds of millions of dollars in windfall profits in this sterling crisis. Prior to this, the Italian lira suffered the same fate, and Soros's Quantum Fund also played a leading role.

In 1994, Soros's Quantum Fund launched an attack on the Mexican peso. Mexico's healthy economic growth before 1994 was based on an over-reliance on short- and medium-term foreign loans. In order to control inflation in the country, the peso exchange rate is overvalued and floats in line with the US dollar. The attack on the peso launched by the Quantum Fund depleted Mexico's foreign exchange reserves in a short period of time, forcing it to abandon its peg to the US dollar and implement free floating, resulting in the collapse of the Mexican currency and the domestic stock market, and the Quantum Fund made a lot of money in this crisis.

Almost everyone in the financial community sympathized with the Soviet ruble, and the countries targeted by Soros were all demoralized.

However, the Quantum Fund's attack on Moscow was a big surprise, and everyone would think that it would be a miserable defeat like Southeast Asia, but they didn't expect the other party to withstand the attack. A series of counterattacks were also carried out, forcing international speculators to have no way out.

The tide turned in an instant.

Overnight, Soros's financial offensive was completely dissolved, and after Yanayev threw that huge amount of foreign currency savings into the market, the exchange rate that was originally declining was reversed instantly, Soros's estimation failed, and the assets thrown into the quantum fund were instantly evaporated.

He paced back and forth in front of the computer, apparently unable to believe the fact that his previous estimates were completely wrong, and that the Soviet government's counterattack was nothing more than a wave of bait, and when the international speculators threw more money at it, they began to close the net. The second wave of foreign exchange reserves went down, and the direct losses that tried to hit the ruble exchange rate by financial means were lost.

Soros slumped in front of his computer desk and muttered, "It's over, it's all over." The capital that was smashed into it before was instantly evaporated, and the Moscow government ...... Damn, who's behind them in control of all this? ”

Soros suddenly realized that his loss was not due to financial means, the other party just relied on strong financial capital to get away with it, and used Soros's greed to lead him into this game.

The Soviet government took advantage not only of Soros, but also of other international speculators who wanted to bite into a bigger slice of meat.

The curve displayed on the screen was no longer under his control and was completely biased towards the side of the Moscow government, which also meant that the Moscow Financial Authority and the Central Bank had won the war outright.

The first phone rings, then the second, then the third...... Some were called in from the Quantum Fund, others were old friends of their own, the same financial speculators who orchestrated the financial war, and they brought even more dismal news to Soros.

"Mr. Soros, we are not doing it, we are out of this financial war, and now we have lost a lot...... Exit this war...... At least it can save the capital, and if it continues like this, the Bank of England and Southeast Asian countries will lose all their victories. ”

"The quantum fund has evaporated 2.7 billion funds, and the momentum is still rising, President Soros, if we don't stop it, this loss will be even more serious, and the outcome may be too big a loss, bankruptcy and reorganization......"

The last call was from Quantum Fund manager Druckenmiller, who tried to use a calm tone to avoid irritating his immediate boss, "Mr. Soros, I'm sorry to inform you that your allies have stopped...... If it continues, I'm afraid the Quantum Foundation will be hit hard. Even if we were able to drive the investment of nearly 100 billion yuan through leveraged investment, the foreign exchange savings of the Soviet Union were far more abundant than they announced, and our judgment was completely wrong, and Moscow's hidden backhand was directly cut off. ”

The successive bad news hit Soros and couldn't raise his head, I thought that the Soviet Union was forced to have no way back with crude warning methods, but now it seems that people simply have a back hand, and they will give Soros a head-on blow at the most critical moment. Presumably in the Kremlin, there is a pair of gloomy eyes that are smiling at the corners of their mouths at this time.

"If you grit your teeth and throw the last money in...... If you fight one last time...... Will it be ......"

Soros was taken aback by his gambler's mentality, and then shook his head to deny this bold idea, he no longer had allies around him, so everyone was frightened back by the Soviet Union's backhand. When speculators predict that the future risk is too high, they stop and do not target this market.

This time they were completely afraid of the Soviet Red Devil. Who knows what other means Moscow has prepared behind its back, waiting for them to step on it in one step.

Who said that Russia is just simple and crude hair?

They are simply crushing in strength.

Even if he is as bold as Soros, he can't stand the pressure of being single-handed, and no matter how strong his property strength is, he can't resist the successive attacks of an oil-rich country.

"Stop."

Soros said in a deep voice, "There is no need for this war to continue, the Quantum Fund will summarize the losses during this time, and I will hold a meeting when I go back." ”

He took a deep breath, the sniping of Hong Kong has already caused him a lot of losses, and this ruble exchange rate war has made Soros feel even more heavy, he has already felt that the vitality of the quantum fund has been greatly damaged, and it is difficult to support the overall situation alone.

"I'll call other people and tell them that this war is over."

Soros's voice was hoarse, completely devoid of his previous heroism. The Quantum Fund, which swept the world in the 90s, finally lost its ambition of conquest after two consecutive defeats.

"We lost."

"It's a bad loss."