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Chapter 0884 One is one odd sweeping Europe

The lineup of this rostrum is quite luxurious. In addition to Spanish King Juan Carlos I and representatives of the host side of the International Olympic Committee President Samaranci, there are also heads of state and government officials from more than 20 countries.

Of course, Olympic reunion is just superficial. The enthusiasm and motivation for hosting the Barcelona Olympics ultimately depend on money.

Judging from the data just released, the investment in Barcelona's Olympic Games reached US$9.7 billion, exceeding the budget by 266%, which made Spain, like the last host South Korea, engaged in urban construction, and Barcelona was completely renewed.

The benefits brought by this are also very obvious. For example, Barcelona has become the most densely populated metropolis in Europe after London, Paris and Rome. From the announcement of the hosting rights of this Olympic Games in October 1986, Barcelona has been declining to the past few years, and in July, when the Olympic Games opened, it reached a new historical lowest level.

It is completely foreseeable that the "Olympic Prosperity" will continue to affect the Spanish economy for a period of time, so that it can help it escape the disaster to a considerable extent.

Finland, Sweden, Italy, Britain... these are the lambs to be slaughtered.

The richest man sitting upright looked at the crowds of people in front and back. Every time he passed, he recalled the relevant information.

...

The richest sons' passionate pursuit of the Dream Team composed of top NBA stars did not disappoint them in ten games, and they all won by big scores. The difference in the score against Angola reached an exaggerated 68 points; that is, when the US team and Croatia competed for the gold medal on August 8, the score difference was the lowest 117 to 85, but it was still as much as 32 points.

The Dream Team, which easily won the championship, was more a live performance than a competition, so that head coach Zach Daly was so relaxed that he never called a timeout, and used it as a preface to show respect for these great players.

Tang Huan wanted to pass on his feelings about his motherland to the next generation while enjoying the game. However, although the Chinese team's performance began to recover after the failure of the last Seoul Olympics, the phenomenon of yin and yang decline in this Olympics was too obvious, and the gold medals were mainly concentrated in swimming, diving, and table tennis, which was really difficult to arouse the interest of the sons of the richest man.

Athena followed her father curiously to watch the women's 10-meter diving final, witnessing Fu Mingxia's record-breaking process of becoming the youngest Olympic gold medalist in China and the Olympic diving history at the age of 14.

In fact, as early as the second friendly sports meeting in San Francisco two years ago, Fu Mingxia won the women's 10-meter diving championship and was included in the Guinness World Records.

However, the project that really attracts Athena is that tennis children are always prone to worship heroes. Just as all brothers happily discuss the NBA stars of the Dream Team, how cool the football skills are. Athena dedicated this sentiment to Steffy Graff. After the former queen of tennis returns this year, she won the French Open in a row. The two Grand Slam championships in the Wimbledon Tennis Open in the UK caught up with the four-year Olympics. The rebound momentum was so fierce that some media exclaimed that they might want to create a "New Year's Eve Golden Slam".

One factor that was good for Steffy Graff's defending Olympic gold medal was that at last month's Wimbledon Tennis Open, she won relatively easily than before the French Open.

Because Monica Celes, the most important competitor of Steffy Graff, has more technical characteristics than red clay and hard ground, while grassland is an obvious shortcoming, while Steffy Graff is much more comprehensive in adapting to the event venue.

What affects the balance of victory and loss is that every opponent of Monica Celes complained to the organizer that his Hedong Lion Roar is unbearable, especially Stefi Graf's former world number one in women's tennis, Martina Nevratilova, who fought hard in three sets and still lost in the semi-finals, was publicly commented that "the tone was like a sow in a slaughterhouse, and the moment he was killed! Ao! Ao!" In the end, the organizer explicitly informed Monica Celes that he must maintain a "silent mode" in the finals. The result is funny. The world number one in women's tennis is now defeated by Stefi Graf with a super disparity of 2:6 and 1:6.

As for this Olympics, Monica Celes, who has been to the United States for training since 1984 and has lived there for a long time, has not represented Yugoslavia at all, which greatly increased the chances of defending Stefi Graf, who won the championship at the 1988 Seoul Olympics.

It has to be said that professional athletes who value economic income have a limited enthusiasm for Olympic gold medals in order to cope with extremely strong business competitions, which further prompted the trend of this Olympic Games to be very optimistic.

In the end, Steffy Graff's opponent in the final was 16-year-old American professional female tennis player Jennifer Capriarty. There was no dark horse or upset. Two clean and 6:3, successfully defended their titles and won the Olympic gold medal.

Athena rushed forward excitedly, hugged Steffy Graff's arm and racket, and asked with little stars all over her eyes whether she could learn from her master?

...

After the children had enough fun during the Olympics, Tang Huan gathered them together and said solemnly: "Please take your heart back, and the special summer camp prepared for you has begun. First, we must discuss it seriously; then, you will get a position for the practice of real fighting and real killing."

There is no doubt that the talent of the richest sons is, and the education they receive since childhood is different from that of ordinary children. More importantly, under the attention of their fathers, they have enough minds to control the knowledge that quickly accumulates in their minds. It is not an exaggeration to describe them as mature adults.

It is precisely because of this that Tang Huan is ready to take this opportunity to give his heirs a practical lesson.

Jinchang, who is the oldest and has been studying with the godfather of Xiangjiang Stock Market for a while, has long guessed the content of this event. They looked at each other excitedly, and then asked in unison: "Dad, how much money can we use?"

Although the sons of the richest man are frugal in daily life, their pocket money is still calculated in single digits. At most, Jinlong, Jinfeng, Jincheng, and Jinna are often under the rule of the female ship king Christina.

The entire family economic policy is simply described as if you want to get something other than ordinary life needs, it is not that easy and you must pay corresponding labor.

Against such a rigorous growth background, this unique summer camp was naturally regarded as the best job opportunity by the sons of the richest man, and I hope that they have enough capital.

"That depends on your understanding and mastery of the exchange in front of you." Tang Huan smiled and stretched out his palm and shook it, "Depending on the specific situation, it should be around 50 million US dollars."

"Isn't the franchise of Xiangjiang Telecom forcibly recovered by HK$15 billion? This time, the UK will pay a price of US$2 billion to help her father feel a little humiliated." Jinfeng said in murderously.

The richest man and the second son of the female ship king have been spending a lot of time at Eton College, and in their spare time, they often go to Chelsea clubs to hang out. Therefore, they know a lot about the disgusting between No. 10 Downing Street and his father, so they feel dissatisfied.

"Your filial piety makes Dad very pleased. But I hope you can always maintain a calm and peaceful mindset so that you can be invincible." Tang Huan laughed silently and said, "You must know that at this stage, the UK's foreign exchange reserves are about 22 billion pounds, which is about 44 billion US dollars."

"Under this premise, the oil and water that can be squeezed out can reach one-tenth of it. What's more, this piece of fat will be shared by a large number of speculators."

Jinfeng scratched her head embarrassedly, "I heard that my mother is nagging."

Tang Huan explained patiently: "In the future, you may become political tyrants representing national rules, or become princes in the business of a family, or become financial raids who influence capital circulation; or become media giants who guide public opinion. Of course, as more than that, I, a father, are very open-minded. As long as you don't spend time and wait to become a playboy, and you will devote yourself to other areas of interest, there is no problem."

"Now, I just tell you about the current European capital market, which is already in a turbulent situation. In this game, including currency, bonds, stocks, etc., the roles related to each other are nothing more than three types of central bank presidents and finance representatives who are responsible for maintaining the national economic order; speculators such as hedging funds who only want to make a profit in the world; and those who are neutral in the real economy who can operate the duties."

"There is no doubt that financial speculators are the most unrestrained. They silently observe business leaders who run social and economics to obtain the most real data; at the same time, they actively contact government officials who control the national economy to understand the latest developments; and then combine this information together, use the capital in their hands to make profits from it."

"So, this game is essentially a game between people. The seemingly objective and real technical reports are hinting at the same time, and while suggesting speculative opportunities, they are also warning of chaos."

Speaking of this, Tang Huan looked around the little ones and asked with a smile: "What role do you think we can play in such games?"

Jin Chang raised his hand eagerly and said, "We are financial rangers who understand everything and act decisively."

Jin Ming shook his head proudly and said, "The Tang family has countless physical industries, which is enough to make the government bend down to listen to our voices. There is no need to be an annoying person who stirs the wind and rain."

Jinlong smiled arrogantly from the bones of the female ship king Christina, "We have surpassed the regular roles, and in the end they are all service providers. For example, this time, in addition to giving back the investment, we will also teach you a lesson in the ignorant No. 10 Downing Street."

...

Listening to these answers, Tang Huan laughed loudly, "No one can surpass it so much, but you brothers can take on different roles and cooperate with each other to achieve such an effect."

The little ones looked at each other and replied in unison: "We understand, just like playing a game."

"That's right." Tang Huan nodded with relief and said, "With such a consensus, we can devote ourselves to this game."

"First of all, you need to understand that the key to the rules of the game is the European exchange rate mechanism centered on the German Mark."

"This European Community started operation on March 13, 1979. It aims to restrict the exchange rate of European currencies and achieve European currency stability. It requires the use of the German Mark as a reference benchmark. Other member states control their exchange rate fluctuations within a range to alleviate European currency fluctuations, so that companies do not have to worry about severe exchange rate fluctuations when investing and trading, which will make their business models fail."

"And on February 7 this year, the Monetary Union Treaty officially signed by the 12 foreign ministers and the Minister of Finance of the European Community, took another step forward in the unification of European currency."

"It can be said that for more than ten years, the European exchange rate mechanism has been well-functioning. While stabilizing currencies, it has not been extremely unified. All currencies that have joined this mechanism are allowed to fluctuate with each other's exchange rates on a small scale. If there is insufficient flexibility, a country can also negotiate depreciation issues with its European partners; thus providing some governments with the possibility of using interest rates to manage economic cycles, and ultimately achieving the goal of balancing exchange rate stability and interest rate flexibility."

"However, the two major changes that entered the 1990s, Germany's unification and global economic recession made the European exchange rate mechanism less perfect."

"Born with the heavy economic burden of East Germany, it directly breaks this compromise, creates inflationary pressure in Germany, and pushes the German central bank to raise interest rates; at the same time, other European economies are experiencing an economic recession and urgently need to cut interest rates."

"This interest rate is high and low, causing other funds to flow to the German Mark, and the result is that other European currencies are weak, especially the Italian lira and the British pound, which are currently trading near the lower limit allowed by the European exchange rate mechanism and are highly likely to break the lower limit."

"The conflict between political considerations and economic interests is here. Governments of various countries do not want to violate the European exchange rate mechanism, and the objective pressure of currency depreciation is increasing day by day, which in turn provides excellent speculation space for international capital."

Jin Chang said with some confusion: "The choices placed before European governments are clear that Germany can cut interest rates to reduce the inflow of foreign funds, while countries with weak currencies such as Italy and the United Kingdom do the opposite; or, the central bank intervenes in the currency market, sells marks, and buys lira and pounds at the same time. As the core of the European exchange rate mechanism, Germany has the obligation to first lower interest rates to help other countries resist the impact of international capital."

Tang Huan laughed and said, "Your concern is very reasonable, but this is the game between people. It is too difficult to make Germany lower interest rates!"
Chapter completed!
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