Simon set off from China back to the United States at around six o'clock in the afternoon on October 15. After about 12 hours of flight, he arrived in Los Angeles. Due to the time difference, it was only three o'clock in the afternoon on October 15 on the west coast of the United States.
Over on the East Coast, North American stock markets have closed.
Although the Dow Jones Index was also affected, with the largest drop of more than 4.3% throughout the day, it ended with only a slight drop of 1.6%. This trend gave many people the illusion that the turbulent Asian financial crisis has reached North America. It turned into a breeze, and today's deep intraday drop was just an overreaction due to market panic.
Simon is not so optimistic.
Of course, it is impossible to tell people anything too prophetically.
Fortunately, the news from Cersei Capital is that since a large amount of capital is still bullish on the Dow Jones Index, today's deep intraday drop not only did not scare away the bulls, but instead allowed more capital to continue to bet on the bulls, which led to Cersei who insisted on shorting. The team of the fund management company established an additional short position of up to US$700 million in Dow Jones and S&P 500 index futures and other related stocks in one day, bringing the total size of all short positions of Cersei Fund Management Company on US stocks to more than US$9 billion. .
If history had not changed, by the end of October, the total size of relevant positions would have definitely exceeded 10 billion, or even more.
Unfortunately, the reflexive influence of Simon, the big butterfly, is too strong.
When Simon returned to Los Angeles, the first thing he did was to take a 'work photo' at Daenerys Studios and post it on the official Facebook account of Daenerys Group, saying that he had left Asia and that everyone's panic could be relieved. Slowed down a little.
Then, in just one hour, this work photo was transferred to the whole world, especially Asia. Because the time difference had already entered, newspapers and televisions in various Asian countries and regions received emergency notices in the early morning of October 16th. In any case, Simon Weiss Tello's work photos were all shown, and the topic was made up as he pleased.
Anyway, it is to send a signal: the disaster star is gone!
However, this is doomed to be in vain.
Anyone with some sense understands that yesterday's sharp drop has officially kicked off the second wave of storms that have been brewing for a long time. In addition, panic has already formed. With or without the catalyst of the Westeros Effect, the financial market's continued decline is inevitable. .
Therefore, when the market opened on October 16, it still started in Japan, and the decline in the stock market, bond market, and foreign exchange market continued.
The only thing that can comfort people is that today's decline is not as severe as yesterday. The departure of a certain disaster star may have played a role.
Unfortunately it doesn't help.
The focus of attention from all parties, the Hong Kong stock market, once again closed with a 4.9% drop on October 16. The Hang Seng Index further fell from 12,526 points yesterday to 11,912 points, which is far away from the certain 10,000 point threshold disclosed by Soros to Simon. Not far away.
However, on October 16, the biggest change occurred in South Korea.
At 2 p.m. Seoul time that day, one hour before the closing of the South Korean stock market, the domestic stock market fell again by more than 5%, and short-term foreign debt was close to 90 billion U.S. dollars. Compared with the cash reserves that the Central Bank of Korea could use, there was only less than 8 billion left. In the case of the US dollar, the South Korean government suddenly announced that it would give up its exchange rate protection of the Korean won.
Immediately, in just one hour, the Korean won fell by 12% of the legal limit in South Korea. The exchange rate of the Korean won against the U.S. dollar fell from 901:1 to 1,009:1. Compared with the exchange rate of about 800 won against the U.S. dollar in June, it was more than three Over the past month, the Korean won has depreciated by as much as 25%.
This is obviously just the beginning.
As we all know, the close relationship between Japan, South Korea and the United States in Asia, the fall of the Korean won has made even the U.S. government uneasy.
Because this is not just an economic issue.
If South Korea's economy completely collapses or even falls into decline, the strategic significance of the United States' chess piece in Northeast Asia will be greatly weakened.
So, at one o'clock in the morning on the east coast of the United States, many people in New York and Washington were woken up and stayed up all night. Simon later learned that Clinton had a secret phone call with South Korean President Kim Young-sam overnight to discuss possible rescue plans. .
Then, a few hours later, when the North American stock market opened, the Dow Jones Index also turned straight down as if it had been slapped in the face.
37 minutes into the opening, after the first circuit breaker in the U.S. stock market on the day of the Nasdaq crash on March 24 in the first half of the year, the Dow Jones index fell 7% at this moment of the day, triggering the U.S. stock market's third circuit breaker after the 87 stock market crash. The second circuit breaker has caused panic in the market.
Fortunately, after the 15-minute trading halt, the Dow Jones Index's decline finally slowed down and did not go straight to the second level circuit breaker red line of 13%.
The following day on October 16, the Dow Jones Index fell as much as 9.3% intraday, and finally ended with a 7.1% decline. The Dow Jones Index also fell from 7319 points at the opening today to 6799 points, falling back to the 6000 point range.
Affected by the sharp decline of the Dow Jones Industrial Average, the S&P 500 Index also fell 6.7% throughout the day, falling from 941 points at the opening to 877 points, which is just a stone's throw away from the circuit breaker standard.
The Nasdaq Index also fell by 5.3%, from the opening 3839 points to 3635 points. The reason why it was the lowest decliner among the three major U.S. stock indexes is mainly because the Nasdaq Index has been close to being cut in half in more than half a year. .
Other.
Not counting Asia and Soros, but Cersei Fund Management's short position in North America. Because of the sharp drop on October 16, the book profit exceeded US$600 million. Since the federal government was planning to take action, Simon knew that this sharp decline could not last long, so when he got up that day, he notified New York to start delivery as soon as possible, so that he would be safe.
At the same time, on this day, Simon had to move some work planned to be completed in Beijing to Los Angeles for processing. At the same time, he also focused on arranging another thing, a global public relations strategy.
About the Westeros Effect.
A little ridicule is enough, but Simon will never allow anyone to deliberately guide and push the responsibility for this plunge in Asia or North America onto him. The devastating financial crisis in Asia will inevitably lead to the emergence of many social conflicts. If Simon is left alone, he is such a big target, and some people will almost certainly do this in order to divert conflicts.
Los Angeles.
At the Daenerys Cinema in Malibu, at five o'clock in the afternoon, the last 'chess piece' against South Korea was sent away. Girl A brought George Norman, who was in charge of the private legal affairs of the Wei family, through the door and put down a copy. The documents from Washington quietly left again.
The document is about some of the results of today's negotiations between Washington and Seoul.
The South Korean government will formally seek help from the International Monetary Fund (IMF). As we all know, although the IMF appears to be neutral, it is actually controlled by the United States and implements Washington's will.
While flipping through the documents, Simon exchanged a few words with Norman, and then asked with a smile: "How's that going?"
George Norman also smiled: "I just met again this morning, and I can only say that people's greed has no limit. Not only has that person added a series of attached conditions these days, but today he also wants to increase the amount to 250 million US dollars. 250 million, I was wondering, does he know what this means?"
"Yes, over in Mexico, you can even hire a killer for 100 US dollars, and 250 million US dollars is enough for an army."
The corners of George Norman's eyes twitched slightly, and he quickly pretended that he didn't hear anything.
Seeing his silence, Simon looked up and said with a smile, "You don't think I plan to do this, do you?"
George Norman said seriously: "I only do what I should do."
Simon shrugged, turned the page of the information in his hand, and said, "Actually, he made the biggest mistake. Do you know what it was?"
"Um?"
"He wanted to imitate Jackson's case, however, he forgot to confirm one thing, is Simon Westeros a good person?"
George Norman didn't know how to answer the question.
Simon did not wait for Norman to reply, and continued: "Michael is a good person, a very good person. Everyone who has come into contact with him knows this. Therefore, when faced with the evil of bad people, he will be at a loss. As a result, his reputation was ruined and he almost collapsed. Now, even if the father and son come forward to clarify that they framed him for money, many people will no longer believe that he will have to bear the burden of a man who has made most of him his whole life until his death. Ordinary people can't even speak of the reputation of being a prisoner, poor guy."
Having said this, Simon looked up at George Norman again: "George, do you believe Michael is innocent?"
George Norman paused and did not answer directly, but said: "Michael should have paid more attention to it. He was indeed too close to the children. However, I can also understand that Michael liked Peter Pan very much. He always hoped that he Always a child, never a grown-up.”
Simon smiled and said: "So, you don't really believe it, right?"
George Norman's expression was slightly unnatural: "Simon, I don't know much about that matter."
"I believe Michael is innocent," Simon said: "Because I am a bad person and I am better at understanding the logic of bad people's behavior. After that incident, the Chandler family received more than 20 million US dollars. You know, this But it’s a huge amount of money. Just imagine, wouldn’t the other children and their parents who have come into contact with Michael be moved?”
George Norman said: "You should be excited, right?"
"So, according to the logic of a bad guy like me, what those excited children and their parents should do is to unite and launch a class action lawsuit against Michael. By doing this, even if they can't get 20 million, millions or even dozens You can definitely still get a compensation of 10,000 US dollars, right?”
George Norman nodded, somewhat enlightened.
Simon's eyes were still on the information in front of him and he said: "In the end, those people did not do this. Instead, many children and parents stood up to speak for Michael and prove his innocence. Why do you think this is?"
George Norman did not hesitate this time and replied: "Because they are good people too."
"Yes, in this world, good people always suffer a lot, and those children and parents even resisted the temptation of large sums of money in order to insist on their own good." Simon's tone was a bit sighing, and then he became slightly colder: "Unfortunately, I Not a good person."
George Norman still did not answer the topic, but asked: "Simon, how long will I delay?"
"Soon," Simon's tone turned calm again: "The next thing you have to do is to deal with the other people in the Spears family and don't let them act stupidly. Bad guys are not that easy to do."
George Norman nodded: "I understand."
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