America’s Road To Wealth

  Chapter 297 Be the King of Europe

   City of London.

  The top floor of the Furui Building.

  Abel was lying on his boss chair, with the huge floor-to-ceiling windows behind him.

  Outside the floor-to-ceiling windows, there is a drizzle of London, which looks a bit foggy.

  Through the drizzle and the fog, you can see the London Bridge in the distance.

  At this time, Abel was holding a newspaper in his hand.

   That is a copy of today's latest "Daily Telegraph".

  In the newspaper, there is a piece of news on the third page.

  The headline of the news is "The Kingdom of Norway initiates an application for membership to the European Commission".

  This news reported that in the past week, the Kingdom of Norway submitted two applications to the European Commission for membership.

  【.The Kingdom of Norway and the Kingdom of Sweden are both on the Scandinavian Peninsula. But in terms of economy and resources, the Kingdom of Norway has always been stronger. 】

  【. Europeans know it.. Norway and Sweden are not members of the European Union, and these two countries and Northern Europe have also established a Nordic currency union. These countries are relatively independent of the European Union]

  【However, in recent times, Norway has frequently shown its favor to the EU. Recently, they even want to join the European Union. What is the reason for this? 】

  【Actually】

  【.】

   In fact, this time, Norway was finally cornered by the international hot money represented by Soros.

   So far, international hot money has attacked Norway's sovereign currency three times.

  For the first time, the Kingdom of Norway relied on its own confidence to carry it down.

  For the second time, Norway asked the EU for help to show its weakness, and some economic cooperation terms it signed received limited help from the EU.

  In the previous two times, the Kingdom of Norway repelled the international hot money led by Soros.

  But under the third attack of international hot money accumulated for a long time, the Norwegian krone is in a hurry again.

  This time the EU is unwilling to help with real money.

  Norway is finally flustered and wants to join the European Union, and use the power of the European Union to help itself repel international hot money.

   But how easy is it to join the EU?

  Originally as a country with few resources in Europe, when the European Union was established, it invited Norway and other Nordic countries to join.

   But Norway refused.

  You can live a good life by selling oil and natural gas, why should you be a younger brother to the EU?

   Who doesn't know that the European Union sounds good as the European Union, but it is actually an economic alliance manipulated by Britain, France and Germany.

  France and Germany are the core of this European Union.

  The Kingdom of Norway is unwilling to be blood sucked, and like Sweden, it is unwilling to join.

  The Kingdom of Norway is unlucky because its sovereign currency is used as a gambling table in the international foreign exchange futures market.

  Because too much money was accumulated above, it was finally fed back into reality.

   Attracted the international hot money represented by Soros, and was finally targeted by the international hot money, and today's disaster occurred.

   Before the accident, Norway, which did not want to be sucked by Britain, France and Germany, mainly France and Germany, refused to join the European Union.

   Now that something is going to happen, I think of England, France and Germany.

  Of course the EU will not agree so easily.

   During the second aid, the EU put forward many conditions.

  Of course there are more conditions this time, many of which Norway itself did not agree to.

  So now they are in a stalemate.

   This matter is also a recent hotspot in Europe.

   "Premium newspapers" like the "Daily Telegraph" stare at these reports every day.

   After reading the news, Abel threw the newspaper on the desk.

   In front of him stood Alan Baker, general manager of the Smith Group.

   And Smith Capital (UK) CEO Jed.

   "Soros contacted me again, how many times is this?"

   "The seventh time." Allen said.

   "Jed, what is our current floating profit on the USD/NOK currency pair?"

  Jed immediately said: "It probably fluctuates around 4 billion U.S. dollars."

   “What about the cost of capital?”

  Smith Capital invested USD/NOK more than two months ago.

  For more than two months, such a large sum of money has been put in here, of course it is impossible to have no capital cost.

  Even among these funds, the actual funds provided by Smith Capital are only about 30 billion U.S. dollars.

  But another $50 billion or so in funding.

   They exist out there, and Smith Capital pays huge interest every day.

   Fortunately, most of these funds come from the Pacific Commercial Bank, with relatively little interest.

  But no matter how little interest you have, you still need interest, not to mention that the other half comes from Wells Fargo and Citibank.

  Banks never do charity.

  With so much money, the daily interest is not a small capital cost.

  Holding for more than two months, the cost of maintaining these funds is an exaggeration.

   "The current capital cost of holding positions is a total of 1.36 billion U.S. dollars." Jed said.

   That is to say, holding a position of 80 billion US dollars, 800,000 lots of USD/NOK foreign exchange futures contract.

  Smith Capital has paid $1.36 billion in funding costs.

   Fortunately, after Soros entered the field.

  The short-selling party finally showed the intention to retreat.

   USD/NOK began to go long, and the account of Smith Capital began to float.

   It's just when the short side appears to retreat.

  Because of the arrival of Soros, the Norwegian government also stood up and began to short USD/NOK.

  Norway's approach supported the short position of USD/NOK.

  While making this long dollar, it is shorting the Norwegian krone currency pair, and another period of stalemate began.

   There is a situation where Smith Capital has profits, but under the huge costs, the profits do not seem to be high.

  After hearing these data, Abel thought for a while and said softly:

   "It's time for us to get out. Jed, inform NYC that we're starting to unwind USD/NOK."

   "Understood. How much is the amount of liquidation?" Jed said excitedly.

   "Close 100,000 lots first, and use the funds after liquidation to buy spot NOK." Abel said.

   "What do you mean?" Jed asked uncertainly.

"I mean?"

  Abel showed a smile on his face, and he said:

   "It has come to a critical time. If I join this battlefield at this time, no matter which side I stand on, it will be oppressive to the other side."

   "Jed, the next script will be the script of World War I and the early period of World War II, and in this script, we are Americans."

   What was the American script for World War I and the early part of World War II?

   Jump left and right, sell arms on both sides!

  Abel’s current approach is to seek to obtain a large amount of spot NOK while liquidating USD/NOK.

  He wants to stand between the international hot money and the Kingdom of Norway, and be the "America" ​​between these two parties.

  He wants to distribute the "war fortune" of this financial war.

   In Abel Command Smith Capital (UK), and the headquarters over there in New York.

   Both sides together, start to slowly unwind USD/NOK.

   Then in the market, after buying a large number of spot Norwegian krone.

  In this financial war, the third offensive and defensive battle in which international hot money was originally superior.

  Because of the withdrawal of Smith Capital, the super bull of USD/NOK, it slowly began to go short.

  Conversely, the Norwegian krone began to go long.

  In this situation, it should be that the international hot money side is not happy, and the Kingdom of Norway is happy.

   But between the two parties, after knowing that the person who did this is Abel.

  The international hot money side is not happy right away.

  The Kingdom of Norway is not happy with the appreciation of the Norwegian krone.

   It is a metaphor.

  This is equivalent to the period before and during World War II, when the Allies and the Axis countries fought fiercely, and then the Axis began to lose support.

  The United States suddenly jumped out, holding a bunch of aircraft carriers, planes, and troops in its hands, standing between the two sides, but its attitude was unclear.

  What is the feeling of the other two parties who have already been fighting at this time, and what is the feeling of the international hot money and the Kingdom of Norway now.

   It was obvious which side Abel was on at this time.

  The other party may have a major defeat.

  At this time, Smith Capital held 80 billion US dollars in funds.

   Both parties also know that Smith Capital will follow up with at least 50 billion US dollars of its own funds.

  The total amount is 130 billion U.S. dollars, even dare to use leverage, and the amount of funds can exceed this figure.

  Whether it is international hot money or the Kingdom of Norway, they have fallen into great passiveness.

  Two days later, when Smith Capital successfully closed its first 100,000 lots of USD/NOK.

   and start buying a large amount of NOK spot.

  Soros finally couldn't bear it any longer. He ran to No. 15, Fury Building, City of London, hoping to find Abel himself.

  This representative of international hot money wants to talk to Abel!

  Soros was in vain. He didn't find out until he arrived at Smith Capital (UK).

   Abe Smith, this guy, he actually ran away!

   Fortunately, Abel has not yet returned to the United States, Smith Capital (UK) CEO Jed told Wall Street Sword with a smile:

   "Mr. Soros. My boss has already gone to France in the morning. Because of Miss Bush, she said that she wants to go skiing in summer in France."

  Soros wanted to scold Jed for talking nonsense.

  The ski season in France is from December every year to the half year before May every year.

  Where is there snow to ski in France at other times? Unless you go to the snow-capped mountains of the Alps, it must be on the top of the mountain!

   Soros knew that someone was hiding from him.

   "I see. Thank you, Jed. I will go to France." Soros thanked and left expressionlessly.

  After leaving the headquarters of Smith Capital in the UK.

   Soros immediately had someone check it out.

   It was discovered that Abel's private jet really flew from London to Paris this morning.

  That means, I don’t know if Abel goes skiing in France in summer.

  At least it should be true that Abel went to France.

   Without much hesitation, Soros also set off for France that day.

  When Soros first arrived at Smith Capital (UK) headquarters.

  Abel also just arrived in Paris.

  Boeing 747 slowly landed at Charles de Gaulle International Airport.

  Close with the sound of the aircraft engine.

  The passengers on the private jet got off the plane in an orderly manner.

  How could there be snow in Paris in August.

  Although the latitude is similar to the imperial capital of China.

  However, due to the influence of the Atlantic warm current, the weather and temperature in Paris are basically the same as those in Shanghai, China.

  Depart Charles de Gaulle International Airport.

  Abel and others drove to the west side of Little Paris, which is the economic and business district of La Défense.

  This area is the commercial center of Paris, where the headquarters of most banks and insurance companies in Paris (including the Bank of France and the stock exchange) are located.

  This is almost equivalent to Manhattan in New York and the Financial City in London.

  Abel had never been to France before.

   But the same as when he first went to London.

  Here, the rock security guards and David have already come here, and many things have been arranged for his arrival.

   In addition, in London, there was still a lot of news about his acquisition of Manchester United.

  Some members of the Smith Intelligence Group have already come here for activities.

  So although it is his first time to arrive in Paris.

  But his own subordinates planned all the itineraries and sent him to one of the best hotels in La Défense——Pullman Paris La Défense Resort.

   At three o'clock in the afternoon.

  Abel is already located in the Pullman Paris La Défense Resort. The executive suite on the top floor has huge floor-to-ceiling windows overlooking the most prosperous CBD in France—La Défense.

  La Défense is the central business district of Paris, and its construction began in the 1950s.

  At that time, apart from Manhattan and London, there was no difference between the CBD central area in the world.

   It can be said that this place itself is one of the originators of the city's CBD.

   It also provided reference and reference for the planning of some urban business districts.

  Paris also concentrated almost all the tall buildings here.

  Although there are no super high-rises that are common in New York, it still looks spectacular against the backdrop of the overall low buildings in Paris.

  This is the headquarters of many large French companies and multinational companies, and the supporting facilities are very mature and complete.

   Actually, it seems to Abel.

  At this time, Paris, compared with London, which is free from the European continent, is actually one of the real centers of Europe.

   is one because it has another center.

  The center is in neighboring Germany, Berlin, Germany.

  Germany and France are the current dual core in Europe and the engine of the European Union.

  In the EU, in fact, the main role of the UK is to stir up shit

   When Abel stood in front of the French windows, looking down on Paris.

  Anne Hathaway and Little Laura, who had put their luggage in the room, came over.

   "This is Paris?"

  Anne Hathaway came to Paris for the first time and saw a low-rise building.

   "It looks really old"

   I am used to the bustling cyberspace of Manhattan and the openness of Los Angeles.

  Anne's first impression of the dilapidated Paris was a little disappointing.

   "This is what Paris looks like." Little Laura also walked over to the floor-to-ceiling windows and said to Annie with a smile:

   "Are you a little disappointed? It's normal to be disappointed. I was disappointed in Paris when my dad brought me here when I was twelve."

"Actually, it's okay to look at it this way. If you go for a walk in the streets, when you come to certain streets, you may even think that you are not from Paris, but from a certain city in Africa, or our American Chicago, etc. city!"

  Anne was puzzled.

  Abel said: "There are too many blacks. Paris now has a population of 9 million, but there are almost 1.8 million blacks. I hate this city. It looks too dirty, old and dark."

  Hearing what Abel said, Anne Hathaway was even more disappointed.

  Because France was too strong in the past, and the city's character design was well created.

  Even many Americans think that Paris is the capital of romance.

  So it’s no wonder that this Chinese young man of later generations yearns for the romance of Paris.

   Only if you really come to Paris.

  When I came to the streets of Paris full of garbage and black people, and even Paris with the smell of feces and urine in many corners.

  They will discover that this is the true face of Paris.

  Abel has never been to Paris.

  However, there is the Smith Intelligence Group and the perspective of the reborn.

  He is the existence who knows the true face of Paris and France.

  Although the current France still has some confidence.

  But if the trajectory remains unchanged, it will take another ten years at most.

  This place will become another overseas economic colony of the United States just like the next door.

   And in this time and space, he himself will even take the initiative to push this process forward.

   Let France sink into it earlier.

  Thinking of this, Abel suddenly reached out and pulled Annie and little Laura into his arms.

   Then he laughed and said, "I'm going to a meeting later. Are you going to take a break here, or hang out?"

   "What meeting?" Anne Hathaway asked curiously.

  Her inquiry also made Abel discover the difference between her and little Laura.

  If this is little Laura, little Laura will only gently tell him to be careful and get ready.

   Never ask him what he is doing.

   It's not that little Laura has a bad personality, but that little Laura is extremely gentle and considerate when facing Abel.

  Little Laura was not so gentle when facing Anne alone.

  Abel smiled and said, "It's a gathering of the Young Leaders Project organized by the French-American Foundation."

   Anne Hathaway didn't know what this was.

   But since it is a foundation, it also involves the United States and France, and there are even terms such as youth leaders.

  It sounds very aggressive, she smiled and told Abel to go quickly.

   After Abel left, Annie asked little Laura curiously.

  Ask what this Franco-American foundation and youth leadership project is.

   "The French-American Foundation is an NGO organization established in the 1980s." Little Laura explained casually.

   "What about the youth leadership program? Sounds amazing."

   "This is really powerful. It is said." Little Laura wentssip to Annie—

   "I don't know about France, but we in the United States, you should know about the Zippertons, right?"

"certainly!"

   said Anne.

   There may still be people in the United States who don't know George Shrub.

   But absolutely everyone knows the Zippertons, the former owners of the White House.

   After all, on the bright side, the United States has reached the number one position in the world under the hands of the owners of the white house.

   "Ton Zipper and his wife Larry Diane Rodham Zipper."

  Little Laura said: "It is said that she was once a member of this foundation and participated in this youth leader project."

   "Wow." Annie couldn't help admiring: "It sounds amazing!"

  Little Laura smiled.

   Neither of them knew it, as early as half a year ago.

  Abel has become one of the main patrons of the French American Foundation.

   is on the list of patrons of this foundation.

   There is a long list of names of people and companies in the United States.

  eg George Soros, Warren Buffett

   Another example is General Electric, Boeing.

  (end of this chapter)