Chapter 62: The Beginning of the 90s (4)

To summarize what I’ve said so far:

Q: If Germany raises interest rates, the UK also has to raise interest rates, but won’t that ruin the UK economy?

A: Yes, and that’s why it collapsed. To be precise, it surrendered just before collapsing.

Hedge funds, crazed by dopamine and money, bet that the UK would withdraw from the ERM…, and the pound short-selling incident, which will go down in financial history, began.

Of course, the UK doesn’t immediately withdraw from the ERM. After all, the UK has only been a member of the ERM for a little over 3 months.

-Wait, did they join knowing that Germany would raise interest rates?

Well, you might ask…

The UK probably didn’t expect Germany to be so brazen. Besides, national policies are usually prepared months before they are decided, so prior consultation would have already been done.

In fact, the UK, as befitting a nation that was once called the Great Empire, endured for a remarkably long time.

It’s January 91 now, and the pound short selling starts around September 92… So the Bank of England has 1 year and 8 months, or 20 months, left to endure.

‘Anyway, this is the problem. Everyone knows it will fall someday, but the most important question is when…’

Of course, this is not a problem for the super genius regressor, Miss Yu Hayeon.

Because I can predict that time almost accurately.

“So, why did you call me?”

Yu Seonjun stared at me, chewing on a snack.

“Why do you think? I told you, I don’t think the UK can hold on.”

Oppa looked at me like I was crazy.

“…Short selling? The pound?”

I nodded. I know the future, so of course, I have to get on board.

“Not now. I’ll prepare it gradually in a year and detonate it.”

This is more of a prediction than a prophecy, so it’s reasonable.

It’s already predictable that the Bank of England will suffer a lot. And in a year, it will be a public fact.

But that doesn’t mean that many people thought the UK would give up the ERM in shame. Even fewer people bet their lives on it.

…In other words, there were a few.

One of them is the famous George Soros.

Soros’s Quantum Fund used crazy leverage to bet $10 billion short on the pound, then openly announced its position and waged a currency war with the UK.

Like the American ancestors who threw British tea into the Boston Harbor hundreds of years ago, Soros also inherited the American spirit and threw the British pound far down. In the end, the fact that it was done for money was exactly the same in both the beginning and the development.

Let’s forget for a moment that Soros is Hungarian. Originally, most Americans at that time were of British descent.

Anyway.

All kinds of hedge funds joined the war to get a taste of the money…, and the short-selling volume reached approximately 110 billion dollars.

110 billion dollars.

This enormous amount of short selling, which is well over 100 trillion won in Korean won, is enough money to break the market itself. Within a month or two margin of error.

Alpha Fund, which has grown in size, can add another 10 billion dollars to this, so the time frame can be adjusted appropriately.

I picked up a candy and rolled it in my mouth. The sweet sugar water wet my mouth.

“Mmm, good.”

“Hey, explain it to me. How are you going to short sell?”

Yu Seonjun shook my shoulder, seemingly interested.

Ugh, I’m dizzy.

“Cough, cough. Ugh, I almost choked on the candy. I’m still planning, so I don’t know yet. If Germany stops raising interest rates, I might have to back out…”

“Ah, I see.”

“Oppa, go eat lunch. What are you thinking, looking at your cute younger sister?”

I pretended to be angry and puffed up my cheeks.

“A crazy b*tch who shakes the global financial market because she wants to make money?”

What.

“Hey…, that’s too much. I’m not that kind of person!”

“What’s a b*tch who’s sucking money out of Japan even now?”

I waved my hand and denied it, but Yu Seonjun didn’t take back his suspicious gaze.

He seems to think that I’ve already laid out some sinister plan.

Anyway, he’s quick-witted…

1991 was also a slightly special year for me.

It’s the day I was born in my past life.

While Yu Seonjun was away for a moment, I put the daunting documents I had to read at the beginning of the year in my head and then rummaged through the newspaper.

“Miss, what are you looking at so intently?”

“…I was wondering what I should do about social contribution later. I was looking at orphanages and such.”

Lee Sihyeon looked at me like I was crazy.

“Why?”

“To hear the words social contribution from Miss’s mouth…, have I gotten old and my hearing has gone bad?”

“…”

Well… I could give some alms to my past self.

The problem is that I hardly remember my past life. I don’t even know my name.

‘I’ll know when I see it…’

The memory of ‘me’ that I have is only about as much as other people know.

This was actually a strange thing.

As a perk of my past life, I erased my ‘private memories’ and instead was able to fully remember the flow of history.

Originally, most of my memories would have been deleted, and it would have been practically the same as being reincarnated as a new person named Yu Hayeon…

But an error occurred here.

I was too successful in my past life. My private personal history was firmly established in the flow of history.

So the two settings collided…

I had to forget ‘me’, but I had to remember the actions of ‘me’, resulting in a strange state.

In this contradiction, an existence that does not remember its own name and private memories but vaguely preserves the personality and memories of its past life was born.

…To be a little honest, this is why I want to be a successful person and attract people’s attention.

Because I realized that there are things that even the brush of the Almighty cannot erase.

Even if the waves completely sweep away the sandcastle on the beach, that sandcastle is forever recorded in history and somehow passed down…

Since I’ve realized that.

As a mere mortal, I had no choice but to twist history as much as possible and engrave my footprints all over the world so that no one would ever forget me again.

Just as Yu Jincheol’s wife, who was once called Madam, was switched and became my ‘nanny’ in this life, I could also fall into a insignificant existence due to God’s tricks.

And apart from that, appropriate philanthropy was something I definitely had to do later.

“Phew… It’s not like I’m doing anything bad, right? Originally, companies can’t last long if they have a bad reputation. Grandfather also donates a lot to universities, doesn’t he?”

“Ah…, that’s right. He said he donated a lot for lung cancer this time…”

“If I can control the society I’ve given back to, then social contribution is a pretty good concept. Don’t own, control, that’s it.”

If you invest a lot of money in scholarship programs and such, things will be much easier later. It’s not for nothing that companies operate scholarship foundations.

It’s a profitable business if the scholarship students who have grown into social leaders give back even a little.

“But right now, there’s no way to bring funds into the country, is there?”

I nodded obediently. Most of my money is abroad, and I don’t have the power to create a foundation in Korea right now.

“That’s why I’m just watching.”

Later, when I hunt down various companies in Korea, my reputation will definitely be ruined, so I’m roughly planning for that time.

Planning years in advance, and planning to make that plan… I’m not even twenty yet, but I have to plan for things beyond thirty.

Being a mastermind is really tough.

Can’t I be criticized at my level?

How many people in the world like to be criticized? At least I’m not one of them.

I’m a person who is very, very sensitive to praise and people’s reactions. Especially when it comes to appearance.

‘I’ve taken so many pictures.’

I’m going to scrapbook all of this later and put it in Yu Hayeon’s biography. I have to give a copy of the chairman’s autobiography to each new employee at the welcome party.

But even if I do all this, it’s all for naught if my reputation is bad. You can see it when dictators are ridiculed.

If I ego-search on the internet in about 20 years and see posts like ‘Yu Hayeon’s hot body…JPG’ instead of ‘A lucky, trashy, has-been old woman who succeeded because she was born in the right era’, I’ll definitely be upset and my personality will get worse.

Ugh…

Just thinking about it now makes me feel sick. Considering that even those famous and successful people in my past life became the subject of ridicule on the internet, I need to take some action.

It’s okay to praise and desire me, but I can’t stand being ridiculed strangely. At least I need to be able to find people who cross the line in real life by tracing their IPs…

Or wield overwhelming power that no one can deny.