Chapter 1038 Lie Down and Be Slaughtered
On May 24, Bangkok, Asian Banking Summit.
Ten days ago, the baht came under another attack. This time, Soros tore off the last fig leaf, and fought without hesitation.
This time, under the joint intervention of the Monetary Authority of Thailand, Lion City, and Hong Kong, the international hot money retreated temporarily.
On the surface, everyone is neither losing nor winning, and Soros' Quantum Fund may still have some floating losses. However, both sides know that the Thai baht cannot be defended. If there is no strong foreign aid, the next attack will lead to the collapse of the Thai baht.
After seeing a group of vice presidents, Anlei Wilawang couldn't say anything. For your family's affairs, it's good if they can come. If it weren't for worrying about the fire at the city gate and the fish in the pond, who would care how you die.
In the eyes of many people, it is good if you do a good job in agriculture. God treats you kindly, if you just sprinkle some seeds on the ground, you can have a good harvest.
What you have, you can engage in industry, it is simply whimsical.
The so-called resources are not at the same level as those countries with large resources. The so-called low labor cost, God, only those guys are willing to work.
Where it is easier to obtain food, there are no hard-working workers at all. It is reasonable for you to say that in the whole world, and no one can find fault.
"This will be a disaster. If we fall, have you considered the consequences?" Facing the indifference of the Japanese, Anlei Welawang was making his last effort.
Whether it is the Lion City or Hong Kong, they have done everything that can be done. However, isn't the Asian bank you Japanese mentioned at the beginning the Asian version of the IMF?
I'm borrowing money, not begging.
"Unfortunately, I think you overestimated our strength.
In the past two years, a large amount of international capital has begun to flow out. Also, the reorganization of Bangkok Commercial Bank led to the collapse of two small banks in Tokyo. Our bankers believe that there are serious problems with your risk control. "
It is unrealistic to say that the Japanese intentionally destroyed the Thai baht. Their investment in Thailand is also in units of tens of billions.
What is the bad luck?
In Japanese commercial banks, 50% of the capital is Tier 2 capital. In other words, half of their money is in the stock market and bond market. Then, this part of the assets is pledged for the second time, well, a little more aggressively, it may be three times.
Falsifying depositor records and falsifying mortgage information are common in the Japanese banking system.
A considerable part of their assets are real estate. Anyway, even now, not many people believe that land and real estate will continue to depreciate.
If you can get it back, you fools, with a population of more than 200 million in Japan, land is naturally the most scarce. When the basic farmland is not allowed to be touched, the amount of land holding is very limited.
Cough, maybe, if you believe in a judgment, there will always be a way to prove it. No matter how outrageous this judgment is, you can find a theoretical basis.
There is no money in the Japanese bank, this guy has been rambling on for a long time, the bosses here, you look at me, I look at you, I really don’t know what to say.
The calf is over, and the baht is hopeless. This is no longer a high probability event.
The cruel reality, nothing more!
The press conference that followed was as clichéd as ever. We are confident of stabilizing our exchange rate, and we are seeking more help.
Unlike Asia, Clinton ushered in his last term. The easy victory this time does have a very direct relationship with the economy.
A group of high-tech companies headed by software Internet companies have created miracles one after another. The United States has completed industrial upgrading, and is currently widening the gap with other countries.
"Haha, don't intervene in the market, George, the guys from the Chicago school are all young men, don't let them lead you into the ditch.
Who told you we have a perfect market? The premise of the government not intervening in the market is that you have a perfect market.
Remember the silver crisis? Lessons learned from the Hunter family. If you really don't intervene, the richest man in the world is Old Hunter.
And I was hiding next to a trash can and weeping, missing my beautiful childhood by the way. "
Faced with little Bushu's whimsy, William White did not hesitate to start spraying poison. Your uncle's peanut consensus is that this thing is used to cover people's eyes and ears.
"That's not the case. If the government controls everything, aren't we the same as Maozi?"
"I don't care about everything, but it's a bit nonsense for them to use the Peanut-Dun Consensus as a treasure pill.
Forget it, I can't argue with you about the result. Let the big man worry about this matter. I get it, the US stands by and the IMF believes the market can fix any problem. "
"Yes, they believe that the so-called East Asian miracle is just a side effect of massive investment and has not seen any technological progress.
Ahem, anyway, all mistakes are their own. I said dude, this stuff doesn't seem like a big deal, does it? "
"Ahem, I won't tell you anymore, I went to see Mexico, was there only one Mexico that was affected?
Let me tell you, that area is still a restricted area for investment. I don't know about other banks, and White Bank won't give you a dime.
As for Thailand, go back and look at the map. It is indeed a very good location. It would be a very good choice to detonate the crisis from here. "
Throwing down the phone, William White sighed. The last road was also cut off, and it seemed that there was no other choice but to lie on the ground and meet the butcher's knife.
"Filson, it's over. Pay attention to changes in other markets. Except for Rabbit Country, the planned sale of assets and shares will be accelerated."
"Okay, boss, I'm already finishing up, and it will be over soon. If the turmoil continues to expand, we even need to reduce our holdings of assets in the United States."
"Well, let's make a plan first, at least, it is equivalent to a tactical equivalent."
Filson felt a little heavy. In fact, it doesn't matter who it is. You were earning money. As a result, a wild boar broke into the neighbor's house.
Meow, you can't shoot straight yet.
After killing the wild boar, no one will talk about your benefits. This is gross interference in other people's internal affairs. Not only can wild boar meat not be caught, but compensation for losses may also be required.
Don't doubt, you are not a policeman, why should you help others. This thing is the same as helping an old lady cross the road. If you have money, you can do whatever you want. If you don’t have money, it’s best to carry a driving recorder with you.
If you don't have anything to do, you just want to miss his granddaughter, right?
A high-level summit ended without a problem. Everyone's heart is heavy, including Japan.
Who is the instigator of the incident?
Soros?
Don't joke, if it's just an individual, why would you go to PK with a country. No matter how weak the country is, when dealing with a certain person, you still have to pinch it with your hands.
Behind it is the shameless US emperor, and Goldman Sachs and Morgan Stanley are also involved in this matter. You can imagine how difficult the matter is.
"Isn't it just asking for money, you gangsters, tell me a number, and we will give it." Anlei Welawang was roaring, of course, it belonged to the kind of very weak roaring, you can say choking and hysteria.
He wants to surrender now, the loss from the collapse of the exchange rate is too great, it is not a matter of tens of billions at all. As much as your international speculators can get, three or five billion will be the end.
It's a pity that this is overthinking, Ying Jiang is indeed a robber, they try their best to rob under the rules. Because only in this way can we continue to grab it.