Yang Fan did not regret the trip. As long as he continued to maintain this relationship with Shisan and the Liu sisters, even if it was not because of the trip, it would give Old Lady Yanjing or Mother Wen a chance to take action because of other things.
However, Yang Fan was not mentally prepared yet, and two of his three relationships were exposed.
Fortunately, not three were exposed.
Yang Fan has always kept his merits and fame to himself when doing good deeds, and does not want people to rush to spread the word about his great love.
Things like having a broad mind and excellent philanthropic qualities should only be known by yourself, or by a limited number of three or two outsiders.
"Xiao Fan." Liu's mother seemed to be praising: "Wenchu's mother praised me, saying that you have a good business mind and are a rare talent in business. She talked about many business methods and benefited a lot from them."
"Aunt Wen, you are too kind." Yang Fan said modestly, "Aunt, please don't listen to rumors. There are a thousand of me in the hearts of a thousand people."
The implication seems to be that, Auntie, don't believe other people's one-sided words, I am sincere to your daughter.
What made Liu Ma even more puzzled was that Yang Fan might have meant that there was nothing between him and Wen Chu and their relationship was very pure, and it was the old lady of the Wen family and Wen Ma who wanted to bring him and Wen Chu together.
Mother Liu also began to have a headache. This young man was indeed not an ordinary person.
What he said was seamless and plausible.
It's hard to get the truth out of people unless you speak frankly.
Even if it was opened, he might not tell the truth. He would come in and hang around for a while and then leave again, leaving nothing behind.
Moreover, for people like Liu Ma, opening the skylight is very risky and can easily leave a handle.
It's no big deal if ordinary people talk nonsense.
Public figures, such as celebrities, cannot speak carelessly.
The same goes for people like Wen Ma, who need to be careful with their words and actions.
What if the skylight is revealed and nothing actually happened between Yang Fan and Wen Chu? Wouldn't this be pushing him under Wen Chu's skirt
But when Liu's mother thought about the information she and her husband had received, she felt that there was an 80% chance that Yang Fan and Wen Chu were having an affair.
Normal men simply cannot resist Wen Chu's charm.
Yang Fan's adoption of Guoguo as his goddaughter was facilitated by Wen Chu's decision and promotion.
How could Wen Chu do such a thing if he didn't approve of Yang Fan
If she had a bad impression of Yang Fan, she would only give him some money to repay him for saving her daughter's life.
This kind of thing is not difficult to understand now. Wen Chu is a single mother, and she is willing to let a man recognize her daughter as her godfather. The relationship between the two is self-evident.
The adult world is far from as pure as young people think.
"The greater the ability, the greater the responsibility. Xiaofan, I don't like a small country in Eastern Europe. Do you know why?" asked Liu's mother.
Yang Fan thought for a moment and said, "Is it the small country that became independent after the disintegration?"
Mother Liu nodded: "Yes, as a national enterprise, we want to do our part."
Yang Fan began to take it seriously and asked, "Auntie, what do you want to do?"
Companies with a sense of national responsibility and people with patriotic feelings are the most lovable.
Thirteen and the two sisters of the Liu family are not only good-looking, but also patriotic and love life. This is one of the reasons why Yang Fan likes them.
Otherwise, no matter how pretty they are, Yang Fan would not like them.
He is 30% sure!
Mother Liu said, "I have no specific plans, but I want to ask you for advice."
Yang Fan was silent. It seemed that Liu Ma came to test him today and was willing to spend a lot of money.
If Yang Fan fails this test, he may be eliminated.
Liu Ma's loss must have been huge, possibly amounting to billions.
Mother Liu added: "My life's hard work will be passed on to Qianqian in the future."
"Auntie, the questions you asked are a bit difficult." Yang Fan said with a calm face and indifferent tone.
It’s just a little difficult. Liu Ma was delighted: “So, you have an idea in mind, right?”
After thinking it over carefully, Yang Fan nodded: "Yes, there is, but I don't want you to go out in person. Pull someone to the front, or find a fund that can make decisions on its own. Don't expose yourself and your company. At least you and your company can't be pawns."
"That's no problem." Mother Liu agreed readily.
Yang Fan said: "The small countries in Eastern Europe are in turmoil right now, like frightened birds. This is a good opportunity to trigger a financial explosion."
It was as if a window opened in front of Liu Ma's eyes, and the scene suddenly became clear and bright.
"Independence of monetary policy, stability of exchange rates and completely free flow of capital, these three cannot be achieved at the same time. You can only give up one to get the other two." Yang Fan seemed to be saying something confusing.
Although Liu Ma is an industrialist, she also has a certain knowledge of finance.
But even so, she didn't quite understand.
So, she records the audio first, and then analyzes it herself or with a professional.
It is impossible that Yang Fan said, give me a rocket, I can bring Mars back to the vicinity of the Earth, and Mars will belong to our country from now on, and then Liu Ma believed him.
"The small Eastern European countries are pursuing a free economy unilaterally, trying to have all three. As a result, when the economy is bullish, once a large-scale disorderly influx of international hot money occurs, it will cause an irrational rise in domestic asset prices, further leading to fierce competition in the production market and a decline in profit levels, leaving hot money with no money to earn and starting to withdraw capital outflow. Now that the US dollar is raising interest rates, it further fuels the desire for hot money to outflow. All of this has led to the market's bearish view on the currency circulating in small Eastern European countries." Yang Fan gave Liu Ma a detailed analysis.
Mother Liu understood this analysis.
Yang Fan's next words made Liu Ma's blood boil and she was very excited.
"Go short their currency!" Yang Fan pointed out a clear path.
Although it was the first time that Liu Ma heard the new financial term "shorting currency", she understood it immediately.
However, Liu Ma did not dare to be arrogant. What she thought was what Yang Fan thought. She humbly asked: "Xiao Fan, what does shorting a currency mean exactly?"
Wen's admiration made Liu's mother have a preconceived idea that Yang Fan was a real talent. She was not like what was portrayed in novels or TV dramas, where she started out by mocking Yang Fan for seeking fame and being good for nothing, and then was slapped in the face by Yang Fan.
Yang Fan said: "The currencies of various countries have an exchange price, and this price is the exchange rate."
"I know this." Mother Liu nodded.
Yang Fan explained: "The so-called short selling means that some investors are not optimistic about a country's currency in the exchange rate market. For example, we believe that the price of the pound sterling against other major international currencies will fall. In other words, the pound sterling will become worthless and depreciate in the international market, and then we will make investments in the pound sterling based on the existing judgment."
The fog in front of Liu Ma became clearer and clearer, and she asked, "Then how do we short sell specifically?"
Yang Fan said without hesitation: "For example, if an investor believes that the exchange rate of the pound against the dollar will fall in the future, he will sell pounds. And these pounds sold are not the pounds in his hands, but borrowed. He borrows pounds from others and sells them in the market, and then waits for the exchange rate of the pound against the dollar to fall, and then uses the dollars in his hands to buy back the pounds and return them to others. In this way, it is equivalent to making a transaction of selling high and buying low, and earning the difference from it."
"I understand this." Mother Liu nodded.
"Of course, there are absolute risks in doing this," said Yang Fan.
"Xiaofan, go ahead." Mother Liu sat next to the tea table, pouring herself tea, her cell phone idle, her voice very clear.
It’s a bit of a pity that we can’t sit together and drink tea and chat.
Yang Fan said: "First of all, the first risk is misjudgment. If the market does not go in the direction you expect, and the pound does not depreciate but appreciates instead, then at this time, investors will have to buy back the pounds at a high price and return them to others. At this time, it becomes selling low and buying high, and you are the one who loses money."
"Yeah." Mother Liu secretly admired. It was not easy to explain to others a field that they were not very familiar with in just a few words.
Yang Fan continued, "The second risk comes from the supply of pounds in the market. Although I made the right judgment, the regulators or the national team intervened in the offshore market and directly controlled the amount of pounds in the offshore market. This led to a shortage of pounds, which means that the liquidity of pounds in the offshore market is insufficient. As a result, the cost of borrowing pounds in the offshore market will be greatly increased. If you want to sell pounds, there is nowhere to borrow them. If you want to repay pounds, there is nowhere to buy them. In other words, even if you can borrow them, your borrowing cost will be very high, which will directly make your transaction not only unprofitable, but also lose money. In this way, the so-called pound shorts will be hit."
"Blow it up?" Mother Liu was a little confused.
Yang Fan explained: "Foreign exchange transactions are all leveraged. For example, if you have a margin of 50,000, and someone lends you 950,000, you can get 1 million to invest. If the price fluctuation range is close to 5%, then they will ask you to add margin quickly, otherwise they will sell all your 1 million. It is absolutely guaranteed that the 950,000 lent to you can be safely recovered. So if those investors who want to short the pound do not have enough money to add margin, then all the margin they invested before will be lost."
Liu Ma understood but didn't know how to operate, so she asked, "Can we short the currencies of small Eastern European countries?"
Yang Fan did not answer immediately. He paused for a moment and said, "The stock market is risky. You need to be cautious when entering the industry."
"Xiaofan, how big do you think the risk is in attacking the currencies of small Eastern European countries?" asked Liu Ma.
Yang Fan said: "Medium to low risk."
Mother Liu's eyes lit up and she said, "Low to medium risk, very good!"
Yang Fan said: "The currencies of small Eastern European countries have already had problems. They want both monetary policy independence and exchange rate stability and completely free capital flows. To short their currencies, it only takes a few simple steps."
Mother Liu checked again to see if she had recorded the video. Seeing that the recording function was working properly, she breathed a sigh of relief and said, "Xiao Fan, tell me, I really want to take action once. Official sanctions are not enough, and we, the patriotic civilians, need to contribute."
Yang Fan nodded: "The first step is to use Euro assets as collateral for loans in exchange for cash from small Eastern European countries or issue bonds in the currencies of small Eastern European countries."
"The second step is to establish short positions, or borrow stocks of Eastern European currencies from Eastern European securities firms, and then sell them; establish short positions in the Eastern European bond markets; sell Eastern European currencies in the foreign exchange forward market to guide the market's depreciation expectations. Once depreciation expectations are formed, there will be a terrifying influx of international hot money, frantically short selling, and a terrible scale effect. This kind of scale effect, let alone Eastern European countries, even the European Union can't bear it, and even countries of our size and the United States will also be hurt."
"The third step is that the large-scale short selling of international hot money has caused heavy foreign exchange losses to the official foreign exchange of small Eastern European countries. In order to prevent international hot money from continuing to obtain their currencies and to deal with the bank runs among the people, the governments of small Eastern European countries will definitely order financial institutions to suspend operations. This order will cause panic to spread rapidly and comprehensively. International hot money has increased the intensity of short selling in both the stock and bond markets. Eventually, the foreign exchange reserves of small Eastern European countries will be exhausted, and they will inevitably announce the devaluation of their currencies, causing the collapse of both markets."
"The fourth step is to harvest high-quality assets from small Eastern European countries at low prices and make a fortune."
Mother Liu's heart was filled with emotion, as if she had already seen the bloody storm on the battlefield.
The business world is like a battlefield. Over the years, Liu Ma has fought countless business wars.
But not once did she get excited before the fight even started.
"Auntie, let's go on the expedition!" Finally, Yang Fan became interested: "If you need anything, you can always find me. I can't give money, but I can help. I am also very patriotic."
In the past, there were financial tycoons who attacked the currencies of various countries. One of the most famous battles was the one in which Soros and his Quantum Fund shorted the Thai baht.
At that time, Soros borrowed a large amount of Thai baht from banks and then sold it in large quantities in the market.
The crowd who were unaware of the truth also followed suit and sold Thai baht under the influence of the herd effect, and the Thai baht exchange rate began to plummet.
After Soros waited for the Thai baht to depreciate, he bought it back at a lower price and returned it to the bank.
Not only that, Soros also magnified his profits by adding leverage and short selling stock index contracts. Ultimately, he made a fortune from the tragedy of the Thai baht.
The summary of the battle is that Soros created enough expectations of a depreciation of the Thai baht, attracting a huge amount of international hot money to join the short-selling camp on its own initiative.
What remains is to see which side, the short sellers or the long sellers, can last longer.
The party that gives up first will inevitably be defeated.
Before the Thai baht battle, Soros also shorted the British pound, and later shorted the Japanese yen, making a huge profit.
Of course, he and the hedge funds behind him have also encountered setbacks and even suffered heavy losses.
The most impressive is the battle for the Hong Kong dollar.
After defeating several Southeast Asian countries in succession, the financial giants led by Soros began to set their sights on Xianggang, a financial city that was at the center of controversy, thus launching a financial war that would go down in history.
This classic battle has also become the most exciting and magnificent page in modern financial history.