But the embarrassing thing is.

The Eagle Country joins the European Union.

As long as they are members of the European Union, they must abide by the European exchange rate system.

The pound can depreciate, but according to the agreement, the exchange rate between the pound and the mark cannot be less than 1:2.7780.

In other words, unless the Eagle country withdraws from the EU, it must hold to 1:2.7780. No matter how much the pound depreciates, no matter how beneficial it is to economic growth, the exchange rate to the mark cannot be less than this value.

Unless the mark also depreciates, the pound will have more room to depreciate.

This is why Lei Weidong knows that international hot money such as Quantum Fund can make a lot of money in pounds, but he does not dare to be the main force and can only earn pocket money.

Because, for Soros and other international hot money, they dare to bet that Germany will not devalue the mark.

As long as Germany was unwilling to devalue the mark, the Eagle Country had no choice but to spend a large amount of money on the market to buy pounds.

Because if everyone in the market is buying pounds, the price is in the hands of the seller. In order to buy pounds quickly, the buyer will continue to raise the price.

In this way, the UK can hold the line of 1:27780.

But Lei Weidong didn't dare to gamble, and he couldn't gamble, because he would definitely lose if he gambled.

The reason is very simple!

The attack on the pound seems to be the work of Soros, but in fact the real predator is the Wall Street capital behind hot money.

Why everyone remembers Soros!

It's because Soros likes to appear in front of the camera and enjoy other people's envious eyes and verbal praise to increase his fame.

The advantage of this is.

As an invincible financial predator.

Reputation is appeal!

When attacking an opponent, as long as you have a good reputation, there will be no one behind you to charge without having to say anything about it.

Wall Street is also happy to have people like Soros as a target so that they can quietly make a fortune behind their backs.

Although Wall Street hides behind international hot money, it does not mean that they do not exert their influence.

When being impacted by international capital.

On the one hand, the Eagle Country provided funds to stabilize the market, and on the other hand, it demanded the devaluation of the German mark.

If we say, the one who attacked the pound was Lei Weidong.

Then, facing the pressure from the Eagle Country, Germany is likely to devalue the Mark and join the Eagle Country people in looting Lei Weidong.

In this case, no matter how much money Lei Weidong spends, it will be in the hands of Eagle Country and Germany.

No matter how much money an individual has, he cannot compete with the country.

It's different when Soros and others attack the pound.

The influence of Wall Street is huge, and it can often represent the will of the United States.

Facing the Eagle Country and the United States, any fool knows which side Germany is sitting on.

It can be said that it is inevitable for the people of Eagle Country to be beaten.
Chapter completed!