: Sniping against Pound Sterling

Author: Flying Tank

: Sniping against Pound Sterling

"Director!"

Seeing Yazi in front and Zhou Xingxing in the back walking into the conference room, Wu Junru, Ye Zimei and Su Guoli quickly stood up and saluted.

"We are all our own people, so you don't have to be polite." Meiko waved her hand and motioned for everyone to sit down, then turned on the projector and put the prepared materials on the screen.

"I called you here today because there is an important task for your monitoring team. This task is very dangerous and life-threatening, so we must work together with the Flying Tigers."

"Work together with the Flying Tigers." Hearing this, Ye Zimei and the other three looked at the Flying Tigers commander, Chief Superintendent Zhou Xingxing, who was sitting in the front row.

"Don't look at me, I don't know anything. Just like you, I was dragged here by Miss Meako as soon as I arrived at the headquarters." Zhou Xingxing, who found that everyone was looking at him and liked to do tricks, spread his hands and didn't know anything.

"Our target this time is Team A of the Sixth Bureau of CIA in Eagle Country. If 007 is the ace of the Sixth Bureau - the King of Spies, then Group A is the sharpest knife of the Sixth Bureau.

Since its establishment, it has carried out numerous missions, such as the bombing of the German heavy water storage facility at the Nusk Heido plant in Norway during World War II. The operation codenamed Feiyan was their work.

If you are interested in Operation Feiyan, you can check it out. With the cooperation of local resistance organizations in Norway, the commandos sent by Eagle Country climbed over cliffs and detoured through inaccessible valleys before successfully sneaking into the factory.

Then through an underground tunnel, they arrived at the heavy water storage without anyone noticing, installed 18 packets of explosives inside, connected the wires, checked both sides, and after confirming that they were correct, lit the fuse and evacuated quickly.

This attack successfully destroyed 450 kilograms of heavy water produced by Germany, which put Germany's atomic bomb plan in vain. For this reason, the then Prime Minister Fatty Qiu personally met with the special forces involved in the operation.

Operation Feiyan is just one of the many combat cases of Team A. There are too many combat cases that are unknown due to confidentiality. As long as you know, every member of Team A is the elite of the elite, and one can be as good as ten."

"What's so great about this? Our Flying Tigers can do it too." After hearing Meazi bragging about Team A, Zhou Xingxing was a little dissatisfied with the Flying Tigers.

"Don't be proud, Xing. Team A and the Flying Tigers are different." Meiko shook her head and retorted,

"Team A is a special force, selected from tens of thousands or even hundreds of thousands of combat troops. Its purpose is to attack and complete the mission in the shortest time.

The Flying Tigers are selected from tens of thousands of front-line police units. Compared with Group A, not only is the selection scope much smaller, but the combat effectiveness of the police and troops is not comparable.

For example, in the 400-meter obstacle course, the Flying Tigers' qualification standard is not to mention getting into the special forces, but even in the army, it is considered a failure.

Otherwise, Brother Dong, who has been in Team A, would not be able to wipe out the Flying Tigers one by one."

"Director, what do you mean, Director Lei still has a relationship with Group A." As a member of Bawanghua, Wu Junru was one of the witnesses of the competition that year.

Facing the proud instructor Jian and others, Lei Weidong taught them a good lesson.

"When Dong Ge was studying abroad in London, he spent some time in Group A. Not only was he the ace in it, but he also participated in several operations, in Dong Ge's words.

If in the city.

The Flying Tigers, who are familiar with urban combat, can trade two for one or three for one with Team A!

But in the wild, the five Flying Tigers members may not necessarily be replaced by one A-Team member.

The gap between the two is all-encompassing.”

"The gap is all-round. The director looks down on our Flying Tigers too much." Zhou Xingxing was a little dissatisfied with Lei Weidong's evaluation.

If it were before, it wouldn't matter if he criticized Zhou Xingxing of Flying Tigers.

If you are not in the government, you will not seek the position. Although he is from the Flying Tigers, Zhou Xingxing has long regarded himself as a married daughter after leaving for more than ten years.

But, that's no longer possible.

Zhou Xingxing has returned to the Flying Tigers and is still the chief instructor. If he continues to say that the Flying Tigers are not good, it will be a slap in his face.

"I know you are dissatisfied, so Brother Dong gave you this opportunity." Waving his hand to signal Zhou Xingxing to calm down, Yazi said with a smile, "According to the intelligence, Team A will arrive in Xiangjiang tomorrow, and the mission of the Flying Tigers is

Cooperate with Monitor Zu to monitor them secretly.

If there is no violation of the regulations, let them go. If there is anything out of the ordinary, take immediate action to arrest them."

"Director, why did Team A come to Xiangjiang? Is there something important that requires their participation?" Ye Zimei asked as he looked at the action contents distributed by Meazi.

"Team A is the sharp knife of CIA 6. Considering our relationship with the ghost guy, if nothing else, they will support the director and the governor to deal with us."

Zhou Xingxing, Ye Zimei and others are all our own people and have been following Lei Weidong for more than ten years. There is no need to hide many things from them.

"Since they are here to deal with us, why don't you arrest them directly? If you arrest them, you will save the director trouble." Zhou Xingxing proposed with a fist as big as a sandbag.

"Now our relationship with the director and the governor is very delicate. We are among you, and you are among me. No one dares to take a step beyond the bounds. If we attack Group A first, we will be passive in the interests of justice.

Moreover, the A team that came this time is just a small team, and destroying them has nothing to do with the overall situation. It is better to monitor them first and wait for the ghost guy to make a move." Meiko shook her head and rejected Zhou Xingxing's proposal.

"Would it be too passive to wait for the ghost guy to take action?" Ye Zimei asked.

"Don't worry, just because Xiangjiang can't take action doesn't mean that other places can't take action. London is probably in chaos now." Meiko said with a smile.

As the head of the intelligence department, Meazi received news that international hot money represented by the Quantum Fund had launched a sniper attack on the pound, and Gui Lao was already too busy to care about himself and Xiangjiang.

——

As the first central bank in human history, Eagle Country's central bank is far more powerful than HSBC and controls an unknown amount of wealth.

Even after two wars, the Empire on which the Sun Never Sets has fallen from the altar of world hegemony, but the Bank of England is still one of the financial institutions with the largest assets in the world.

In the financial market, especially in a place like London, I have never encountered any rivals.

But all this came to an abrupt end with the actions of Soros and others.

The reason why international hot money took action against the pound was mainly because they discovered a loophole.

This loophole began in 1978, when Europe proposed the establishment of the European Monetary System.

Because the purpose of Europe becoming a monetary system is to implement a stable exchange rate system.

In other words, as long as you are a member of the European Union, your currencies must establish exchange rate parity with each other, that is, the benchmark exchange rate between currencies. The actual exchange rate fluctuation cannot exceed ±2.25% of this parity.

If the exchange rate fluctuation of a member country with respect to other member countries exceeds this limit, then this member country must assume the responsibility of adjusting the exchange rate.

For example, by buying and selling the domestic currency, we can stabilize the domestic currency and bring the fluctuation range of the domestic currency exchange rate back to within the limit of ±2.25%.

After the establishment of the European Monetary System, all EU member states joined the system within a short period of time, with the exception of the Eagle Country.

The reason for not joining is simple.

Because if Eagle Country becomes a member of the European Monetary System.

As one of the five major rogue countries, Eagle Country must assume the responsibility of stabilizing the exchange rate like Gallic Chicken. This will reduce the room for Eagle Country to use changes in exchange rates to adjust its external and domestic economies.

Let's use an analogy.

If there is an economic crisis in Eagle Country.

Then, in order to reduce the impact of the economic crisis on the country, Eagle Country can use currency devaluation to improve the competitiveness of its domestic products.

To put it simply, it is to stimulate exports, restrict imports, and promote the increase of GDP, so as to safely avoid the economic crisis.

But joining the European Monetary System will not work.

As a member of the European Monetary System, Eagle Country must abide by the disciplines of the European Monetary System and cannot arbitrarily use currency devaluation to stimulate the economy.

However, as a major European country, if Eagle Country does not join the European Monetary System, Eagle Country will lose its influence in the European integration process.

In the end, Eagle Country weighed again and again and joined the European Monetary System in October 1990.

As a major European country, after joining the European Monetary System, Eagle Country set the exchange rate of its own currency, the pound and the mark, at above 1:2.7780.

In other words, once the exchange rate falls below this rate, Eagle Country must take action to stabilize the exchange rate.

In later words, this was a huge mistake, because at that time Germany's economic development was at its peak and its economic strength continued to grow. In contrast, the national power of the Eagle Country was declining day by day, and it was difficult to support the fixed interest rate of the pound against the mark.

What's even more unfortunate is that this flaw was discovered by international hot money.

When Eagle Country first joined the European exchange rate system, the exchange rate of pound to mark was 1:2.95.

As a result, the pound has continued to depreciate since the Eagle Country joined the European exchange rate system.

Because of the sluggish domestic economy in Eagle Country, in order to stimulate consumption, Eagle Country lowered interest rates to allow more funds to enter the market, thereby improving the domestic economic level.

But Germany doesn't need it.

Because the German economy is developing very well, not only companies but also individuals have a lot of money in their hands.

It is an exaggeration to say that there is not enough money to spend. Anyway, even if outside funds do not come in, Germany's economy can develop very well. It can be said that Germany did not raise interest rates at this time, which is already the greatest help to the Eagle Country.

Of course, the Eagle Country hopes that Germany can lower its bank interest rates so that the pound can depreciate in compliance with the European interest rate system, allowing the Eagle Country to expand exports through currency depreciation and improve the competitiveness of its products in the international market.

Otherwise, exports will continue to shrink, which will inevitably lead to further decline in the Eagle Country's economy.

However, Germany does not agree with the devaluation of the mark.

Therefore, the pound can only depreciate within a reasonable range. From the beginning, the exchange rate of pound to mark of 2.95 slowly fell, first to 2.85, then to 2.8, and it was close to the European exchange rate mechanism of 1:2.7780.

When Germany was unwilling to devalue the mark, the Eagle Country had no choice but to take out 3.3 billion pounds from the bank to intervene in the market.

This move, in the eyes of speculators, is a sign that the pound is about to lose its support.

Because, if the pound is very strong, why is there any need for central bank intervention?

So under this situation, speculators from all walks of life focused on the pound and began to short the pound. A large number of pound holders began to sell pounds. Suddenly, most of the people in the market were selling pounds instead of buying pounds.

In this buyer's market situation, sellers will continue to lower prices in order to sell quickly, leading to further depreciation of the pound.

Although the depreciation of the pound is conducive to stimulating the economy of the Eagle country and expanding exports.
To be continued...