Chapter 1046
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Facts have proved that adjusting the schedule and bypassing London is an appropriate decision.
Because the hurricane from the Atlantic, after landing in Britain, reached a maximum speed of 190 kilometers per hour. Where it passed, a lot of trees fell, roads were blocked, traffic was paralyzed, buildings collapsed and the power grid was seriously damaged. In order to avoid further damage to the power grid due to short roads, southeast England, including greater London, The power system had to be shut down for the first time since the end of World War II.
In sharp contrast, the Met Office failed to correctly predict the natural disaster.
BBC weather forecaster Michael fish was even more honest. His tone was relaxed. "Don't worry, most strong winds will fall over Spain and then enter France."
As a result, the level of disaster in some parts of Britain has reached once in 200 years.
In the harsh criticism of verbal and written criticism, the Met Office can only make up for the lost, enhance the quality and quantity of ships, aircraft, buoys and satellite observations, buy more supercomputers, improve meteorological mathematical models, and so on.
In West Germany, he avoided this chaotic high chord and continued to work without delay. He estimated that the British weather forecast would not dare to be fooled in the future. The high warning level of the weather forecast did affect business, but the economic losses caused by carelessness were also shocking. For example, the British insurance industry would lose 2 billion pounds this time.
Of course, Gao Xian does have a real concern about the hurricane disaster, that is, the normal operation of the city of London has been seriously affected, and few traders work.
"It seems that the 'auspicious day' is really not determined casually. When it falls, there is naturally a trace of it." Gao Xian sighed a little.
After arriving in West Germany, sir Gao has determined the German's final mind, that is, in this wave of operation cycle, he will not follow the interest rate control strategy of the United States, resolutely maintain the independence of monetary policy and make choices according to his own interests.
To put it bluntly, West Germany will no longer maintain the monetary policy that has always been consistent with the United States, and there will be no interest rate increase this round!
Seeing that West Germany is going farther and farther on the road of disobedience, the United States is angry and immediately threatens. If you don't cooperate, I will raise the bank interest rate by a whole percentage point. You know, this adjustment range is not large. At the same time, we will allow the exchange rate of the US dollar to float freely in the international foreign exchange market.
One is middy and the other is the engine of the European economy. The two sides hit each other so hard that the international capital market suddenly surged.
The fact that Gao Xian can more or less grasp the German's rigid internal psychology stems from being deeply flawed in the history of this century.
In the early Weimar period after the end of the first World War, Germany experienced unimaginable hyperinflation. In 1923, the German mark even depreciated to 4.2 trillion German marks against the US dollar. You can count the zeros if you are interested.
A paragraph describes this situation very vividly. A German worker pushed a cart and got his salary back. As a result, he met a robber on the way and the cart was robbed
After the Second World War, West Germany also experienced a painful period of inflation.
This memory, like Wall Street's fear of the great stock market disaster in 1929, can be said to have been engraved into the bone marrow.
Since the collapse of the Bretton Woods system in the early 1970s, the depreciation of the US dollar has been declining for thousands of miles. When it is linked to gold, it can be nicknamed US dollar by boydi; After decoupled from gold, nikzon government took great pains to establish an oil dollar settlement mechanism, which can be regarded as maintaining the strong position of the US dollar in the world currency, but it is not enough. Therefore, Paul Volcker, the next chairman of the Federal Reserve, tightened monetary policy with an iron fist, reduced the circulation of the US dollar and defended the world currency credit of the US dollar.
Wealth will not fall out of thin air and toss around. In the final analysis, it is to find the gap and pass the problem on.
Since the signing of the Plaza Agreement the year before last, the appreciation of the West German mark against the US dollar has had an increasing negative impact on West German exports.
In West Germany, there is no East German market after the reunification of the two countries to play the role of gap, and there is no large market in southern Europe after the establishment of the European Union. It is even less promising than the market next to the big Eastern countries.
In this case, the German elites naturally won't pay for the poor routine of their dead friends in the United States.
For this confrontation, well-informed and experienced Wall Street immediately responded. On Friday, October 16, the Dow Jones index, which has been callback below 2500 points, fell 109 points, and the decline is still quite large.
The logic is not difficult to understand. Since the interest rate has risen, sell the stock and balance the profit and cost. At the same time, the oil tanker flying the American flag was sunk by a missile in the Persian Gulf, which touched the sensitive nerves of the energy market and needed to avoid risks.
Besides, one stock market is so prosperous, and one Zhengfu is going to sell a batch of shares of Japan Telecom and telephone, the largest bonus stock. It's time to make money to buy.
Based on this predictable and deterministic logic, although the decline of the Dow Jones index is not small, not many people are completely pessimistic about the future market.
But Gao Xian's nerves are tense. He worked from the grass-roots staff of the stock exchange. He knows that at the time point before the holiday and at the end of the month, smart capital players have subtle psychology, because it involves links such as stock trading T + X and futures index delivery, especially the natural factors of the difference of the earth's time zone. After all, When you make money, you really won't have an accident until you drop your bag.
Because of the severe damage caused by the hurricane disaster, London, the global financial center, was almost paralyzed, and the London Stock Exchange closed several hours ahead of schedule. It was obvious that it was unable to respond to Wall Street transactions.
While checking whether there are still serious mistakes in his risk avoidance deployment, sir Gao inquired about the situation in London. How is it? Has the normal traffic resumed? I didn't forget to visit my colleagues at the Central Bank of England. Now it has been changed to the last part of the visit schedule!
The reaction on the British side was very cautious. The Wutong trees on both sides of London street were cut off by the wind. The power system was barely recovered. There were many inconvenient places.
Gao Xian is a little worried because London is the European operation center of Gaoyi. With his cautious style of preparing for the event before it comes, he really wants to arrive at the world financial center early.
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Facts have proved that adjusting the schedule and bypassing London is an appropriate decision.
Because the hurricane from the Atlantic, after landing in Britain, reached a maximum speed of 190 kilometers per hour. Where it passed, a lot of trees fell, roads were blocked, traffic was paralyzed, buildings collapsed and the power grid was seriously damaged. In order to avoid further damage to the power grid due to short roads, southeast England, including greater London, The power system had to be shut down for the first time since the end of World War II.
In sharp contrast, the Met Office failed to correctly predict the natural disaster.
BBC weather forecaster Michael fish was even more honest. His tone was relaxed. "Don't worry, most strong winds will fall over Spain and then enter France."
As a result, the level of disaster in some parts of Britain has reached once in 200 years.
In the harsh criticism of verbal and written criticism, the Met Office can only make up for the lost, enhance the quality and quantity of ships, aircraft, buoys and satellite observations, buy more supercomputers, improve meteorological mathematical models, and so on.
In West Germany, he avoided this chaotic high chord and continued to work without delay. He estimated that the British weather forecast would not dare to be fooled in the future. The high warning level of the weather forecast did affect business, but the economic losses caused by carelessness were also shocking. For example, the British insurance industry would lose 2 billion pounds this time.
Of course, Gao Xian does have a real concern about the hurricane disaster, that is, the normal operation of the city of London has been seriously affected, and few traders work.
"It seems that the 'auspicious day' is really not determined casually. When it falls, there is naturally a trace of it." Gao Xian sighed a little.
After arriving in West Germany, sir Gao has determined the German's final mind, that is, in this wave of operation cycle, he will not follow the interest rate control strategy of the United States, resolutely maintain the independence of monetary policy and make choices according to his own interests.
To put it bluntly, West Germany will no longer maintain the monetary policy that has always been consistent with the United States, and there will be no interest rate increase this round!
Seeing that West Germany is going farther and farther on the road of disobedience, the United States is angry and immediately threatens. If you don't cooperate, I will raise the bank interest rate by a whole percentage point. You know, this adjustment range is not large. At the same time, we will allow the exchange rate of the US dollar to float freely in the international foreign exchange market.
One is middy and the other is the engine of the European economy. The two sides hit each other so hard that the international capital market suddenly surged.
The fact that Gao Xian can more or less grasp the German's rigid internal psychology stems from being deeply flawed in the history of this century.
In the early Weimar period after the end of the first World War, Germany experienced unimaginable hyperinflation. In 1923, the German mark even depreciated to 4.2 trillion German marks against the US dollar. You can count the zeros if you are interested.
A paragraph describes this situation very vividly. A German worker pushed a cart and got his salary back. As a result, he met a robber on the way and the cart was robbed
After the Second World War, West Germany also experienced a painful period of inflation.
This memory, like Wall Street's fear of the great stock market disaster in 1929, can be said to have been engraved into the bone marrow.
Since the collapse of the Bretton Woods system in the early 1970s, the depreciation of the US dollar has been declining for thousands of miles. When it is linked to gold, it can be nicknamed US dollar by boydi; After decoupled from gold, nikzon government took great pains to establish an oil dollar settlement mechanism, which can be regarded as maintaining the strong position of the US dollar in the world currency, but it is not enough. Therefore, Paul Volcker, the next chairman of the Federal Reserve, tightened monetary policy with an iron fist, reduced the circulation of the US dollar and defended the world currency credit of the US dollar.
Wealth will not fall out of thin air and toss around. In the final analysis, it is to find the gap and pass the problem on.
Since the signing of the Plaza Agreement the year before last, the appreciation of the West German mark against the US dollar has had an increasing negative impact on West German exports.
In West Germany, there is no East German market after the reunification of the two countries to play the role of gap, and there is no large market in southern Europe after the establishment of the European Union. It is even less promising than the market next to the big Eastern countries.
In this case, the German elites naturally won't pay for the poor routine of their dead friends in the United States.
For this confrontation, well-informed and experienced Wall Street immediately responded. On Friday, October 16, the Dow Jones index, which has been callback below 2500 points, fell 109 points, and the decline is still quite large.
The logic is not difficult to understand. Since the interest rate has risen, sell the stock and balance the profit and cost. At the same time, the oil tanker flying the American flag was sunk by a missile in the Persian Gulf, which touched the sensitive nerves of the energy market and needed to avoid risks.
Besides, one stock market is so prosperous, and one Zhengfu is going to sell a batch of shares of Japan Telecom and telephone, the largest bonus stock. It's time to make money to buy.
Based on this predictable and deterministic logic, although the decline of the Dow Jones index is not small, not many people are completely pessimistic about the future market.
But Gao Xian's nerves are tense. He worked from the grass-roots staff of the stock exchange. He knows that at the time point before the holiday and at the end of the month, smart capital players have subtle psychology, because it involves links such as stock trading T + X and futures index delivery, especially the natural factors of the difference of the earth's time zone. After all, When you make money, you really won't have an accident until you drop your bag.
Because of the severe damage caused by the hurricane disaster, London, the global financial center, was almost paralyzed, and the London Stock Exchange closed several hours ahead of schedule. It was obvious that it was unable to respond to Wall Street transactions.
While checking whether there are still serious mistakes in his risk avoidance deployment, sir Gao inquired about the situation in London. How is it? Has the normal traffic resumed? I didn't forget to visit my colleagues at the Central Bank of England. Now it has been changed to the last part of the visit schedule!
The reaction on the British side was very cautious. The Wutong trees on both sides of London street were cut off by the wind. The power system was barely recovered. There were many inconvenient places.
Gao Xian is a little worried because London is the European operation center of Gaoyi. With his cautious style of preparing for the event before it comes, he really wants to arrive at the world financial center early.
Facts have proved that adjusting the schedule and bypassing London is an appropriate decision.Because the hurricane from the Atlantic, after landing in Britain, reached a maximum speed of 190 kilometers per hour. Where it passed, a lot of trees fell, roads were blocked, traffic was paralyzed, buildings collapsed and the power grid was seriously damaged. In order to avoid further damage to the power grid due to short roads, southeast England, including greater London, The power system had to be shut down for the first time since the end of World War II.In sharp contrast, the Met Office failed to correctly predict the natural disaster.BBC weather forecaster Michael fish was even more honest. His tone was relaxed. "Don't worry, most strong winds will fall over Spain and then enter France."As a result, the level of disaster in some parts of Britain has reached once in 200 years.In the harsh criticism of verbal and written criticism, the Met Office can only make up for the lost, enhance the quality and quantity of ships, aircraft, buoys and satellite observations, buy more supercomputers, improve meteorological mathematical models, and so on.In West Germany, he avoided this chaotic high chord and continued to work without delay. He estimated that the British weather forecast would not dare to be fooled in the future. The high warning level of the weather forecast did affect business, but the economic losses caused by carelessness were also shocking. For example, the British insurance industry would lose 2 billion pounds this time.Of course, Gao Xian does have a real concern about the hurricane disaster, that is, the normal operation of the city of London has been seriously affected, and few traders work."It seems that the 'auspicious day' is really not determined casually. When it falls, there is naturally a trace of it." Gao Xian sighed a little.After arriving in West Germany, sir Gao has determined the German's final mind, that is, in this wave of operation cycle, he will not follow the interest rate control strategy of the United States, resolutely maintain the independence of monetary policy and make choices according to his own interests.To put it bluntly, West Germany will no longer maintain the monetary policy that has always been consistent with the United States, and there will be no interest rate increase this round!Seeing that West Germany is going farther and farther on the road of disobedience, the United States is angry and immediately threatens. If you don't cooperate, I will raise the bank interest rate by a whole percentage point. You know, this adjustment range is not large. At the same time, we will allow the exchange rate of the US dollar to float freely in the international foreign exchange market.One is middy and the other is the engine of the European economy. The two sides hit each other so hard that the international capital market suddenly surged.The fact that Gao Xian can more or less grasp the German's rigid internal psychology stems from being deeply flawed in the history of this century.In the early Weimar period after the end of the first World War, Germany experienced unimaginable hyperinflation. In 1923, the German mark even depreciated to 4.2 trillion German marks against the US dollar. You can count the zeros if you are interested.A paragraph describes this situation very vividly. A German worker pushed a cart and got his salary back. As a result, he met a robber on the way and the cart was robbedAfter the Second World War, West Germany also experienced a painful period of inflation.This memory, like Wall Street's fear of the great stock market disaster in 1929, can be said to have been engraved into the bone marrow.Since the collapse of the Bretton Woods system in the early 1970s, the depreciation of the US dollar has been declining for thousands of miles. When it is linked to gold, it can be nicknamed US dollar by boydi; After decoupled from gold, nikzon government took great pains to establish an oil dollar settlement mechanism, which can be regarded as maintaining the strong position of the US dollar in the world currency, but it is not enough. Therefore, Paul Volcker, the next chairman of the Federal Reserve, tightened monetary policy with an iron fist, reduced the circulation of the US dollar and defended the world currency credit of the US dollar.Wealth will not fall out of thin air and toss around. In the final analysis, it is to find the gap and pass the problem on.Since the signing of the Plaza Agreement the year before last, the appreciation of the West German mark against the US dollar has had an increasing negative impact on West German exports.In West Germany, there is no East German market after the reunification of the two countries to play the role of gap, and there is no large market in southern Europe after the establishment of the European Union. It is even less promising than the market next to the big Eastern countries.In this case, the German elites naturally won't pay for the poor routine of their dead friends in the United States.For this confrontation, well-informed and experienced Wall Street immediately responded. On Friday, October 16, the Dow Jones index, which has been callback below 2500 points, fell 109 points, and the decline is still quite large.The logic is not difficult to understand. Since the interest rate has risen, sell the stock and balance the profit and cost. At the same time, the oil tanker flying the American flag was sunk by a missile in the Persian Gulf, which touched the sensitive nerves of the energy market and needed to avoid risks.Besides, one stock market is so prosperous, and one Zhengfu is going to sell a batch of shares of Japan Telecom and telephone, the largest bonus stock. It's time to make money to buy.Based on this predictable and deterministic logic, although the decline of the Dow Jones index is not small, not many people are completely pessimistic about the future market.But Gao Xian's nerves are tense. He worked from the grass-roots staff of the stock exchange. He knows that at the time point before the holiday and at the end of the month, smart capital players have subtle psychology, because it involves links such as stock trading T + X and futures index delivery, especially the natural factors of the difference of the earth's time zone. After all, When you make money, you really won't have an accident until you drop your bag.Because of the severe damage caused by the hurricane disaster, London, the global financial center, was almost paralyzed, and the London Stock Exchange closed several hours ahead of schedule. It was obvious that it was unable to respond to Wall Street transactions.While checking whether there are still serious mistakes in his risk avoidance deployment, sir Gao inquired about the situation in London. How is it? Has the normal traffic resumed? I didn't forget to visit my colleagues at the Central Bank of England. Now it has been changed to the last part of the visit schedule!The reaction on the British side was very cautious. The Wutong trees on both sides of London street were cut off by the wind. The power system was barely recovered. There were many inconvenient places.Gao Xian is a little worried because London is the European operation center of Gaoyi. With his cautious style of preparing for the event before it comes, he really wants to arrive at the world financial center early.
