On July 2, the Thai baht depreciated, and in just one week, the Thai baht exchange rate fell by 30%. To make matters worse, their foreign exchange reserves are basically zero.

Here we want to talk about the hegemony of the American knife, your own Thai baht, can only be used in your own home. As long as you go abroad, basically no one recognizes you.

Well, there may be no other way than to continue to ask the IMF for help.

IMF money is not so easy to take. First, it requires you to cut back on your fiscal spending. It seems reasonable, right, you have no money, so you need to save some.

Ahem, that's not how the accounts are calculated, and if government spending is cut, the economy will be even worse.

The second point is high interest rates and an open and transparent lending model.

Speaking of which, it's still the same as shock therapy. You have to believe in the market, and you have to believe in the market's ability to heal itself.

Is this thing reliable?

Actually, you just have to take stock of the results. The most iron-clad is Malaysia, which resolutely refuses to accept the IMF's coercion.

During the Asian financial crisis, although they also suffered heavy losses, they seemed to recover the fastest.

Smecta saw the contract as a humiliation, but they eventually signed it. The murder of the call, in fact, is useless, this is a national shame, you still sign a yarn.

In an Asian financial crisis, only Heung Kong and Malaysia were the ones who died in the end. The price paid is not insignificant, and these two companies were the first to get out of the crisis.

What, big bunny.

Ahem, it doesn't exist, people are a closed internal circulation system. If you are scheming, it is better to save some effort.

You can't say that there is no impact, many unfinished buildings are products of this era.

There was a financial crisis in Mexico, and half of the peso was lost in an instant. The decline in the stock market is even worse than the exchange rate.

Panicked investors began to retreat from Latin America. All of a sudden, the region's financial markets were in mourning.

The scene that happened in Mexico at the beginning of '95 is being played out in East Asia.

Ahem, since the histories are so similar, what are you waiting for?

Eagle sauce is reluctant to pay because of ethical issues. Well, is Ben short of money?

When it comes to foreign exchange reserves, no one has more. In order to save Mexico, the United States imperialism and the IMF jointly contributed 50 billion.

It's not perfect, at least, Mexico's problems are mainly in Mexico. A group of friends around did not suffer too serious losses.

What, Eagle Sauce has a good relationship with Mexico, so it was rescued.

Ahem, you're pulling a calf, occupying a lot of other people's land, if you can't beat it, you should have pinched it up a long time ago.

Speaking of which, Thailand has a good relationship with Eagle Sauce. He has always been a staunch supporter of Eagle Sauce. If you look at the arsenal, you will understand, those who use M16 are naturally good friends. On the other hand, with AK47, most of them are not very good.

If it is only not supported, the impact of the Asian economic crisis will definitely not be so exaggerated. Great, there are some problems in Southeast Asia, and the rabbit and the book are affected by a little, and that's all.

However, this is not what Eagle Chan wants, nor is it what Soros wants. Standing in the huge trading floor, Soros put on a posture of looking down on the world.

"If we win, they're all going to be finished, where's the damn champagne?" With the sound of a thudding thud, Soros looked at the ceiling at forty-five degrees, and that expression was as much as he could be beaten.

"Damn, what are you waiting for, let's rob them of their money and let them lie in the mire and moan. ”

Wall Street bigwigs are celebrating with a crown, and this gluttonous feast will definitely not end easily. Whether it's Peanutton, or the IMF, no one can stop it.

Whoever meows affects us to make money, we will engage him. Bastard, I see who dares to stand in the way of people's money!

"Boss, I should have given up, there is no indication that they are involved.

This is not Soros's handiwork, there must be something we don't know. ”

"Ha, what can we do, it's just a compromise with each other. Didn't you notice that the Ministry of Justice and the Ministry of Commerce are very sluggish?

The excuses are all ready-made, the Great Depression, and the response taken by countries is trade protectionism. The results were very, very bad. If history is any guide, we need an open and free trade environment. ”

Filson was speechless, taking history as a guide, Mexico was right in front of you, and that's not what you said at the time.

Although there are also so-called international speculators, there is no open fire.

Nima, aren't you really worried about settling accounts after the fall?

"It's going to be a disaster, a long one, old man.

Alas, since we know about economic globalization, we should not do this. The losses and damage caused far outweigh the gains. ”

"Now, boss, the think tank has come to two conclusions.

First, it will ultimately affect the economic growth of the United States.

Second, international travel capital will accelerate the flow to the United States. ”

"Is there a problem?" William White shrugged, this is the same thing at all, okay. As long as there is a large inflow of funds, a small trade loss is nothing, and it will not have any impact at all.

"Filson, I'm not worried about the economy of the United States now, on the contrary, the influx of these hot money will create another footbasin. If we blow too hard, we will follow in the footsteps of the book. ”

Filson's head began to hurt, and he had to remake his plans. In the midst of a worldwide economic recession, resource assets must hit the streets.

Then, financial real estate stocks rose. Oh, and that high-tech. It's just that this kind of securities market, which is half sea water and half flame, is really terrifying.

Filson just had a headache, but Bangkok was already wailing.

Therefore, when it is called a financial crisis, the first unlucky thing is naturally the financial field.

This kind of thing as a bank run, let alone Thailand, can not work anywhere, will cause panic in the market.

Do not trust the banks of the country, do not believe in the national currency. This Nima, no matter how much labor and management have a beautiful knife, it is useless.

To be honest, if the currency of any country is exchanged, it will be exchanged for another country.

I'm afraid this is not possible.

Actually, don't talk about it, you can try to change all the American knives to Japanese yen. The same can happen and vice versa.

In fact, if foreign exchange controls had been implemented, many of the troubles that would have been in place would not have been possible.

What, the market mechanism cannot be destroyed.

Don't talk nonsense, silver futures are not allowed to be traded, how much market mechanism is this violated?

What about the decoupling of the American knife and gold, this is a unilateral decoupling. That's not what you said when you first gathered your friends for a meeting.

"Come on, come on, you are too close to Maozi, in case of an accident, a hard currency like gold, won't it be cheaper Maozi. I offer free storage here, you can just leave your gold here, just send an instruction and we will help you complete the transaction. ”

Eagle sauce's little mirror never looks at herself. It's so ugly that I'm probably afraid of scaring myself.

The so-called Peanuton Consensus is just a requirement for other countries to follow. As for itself, ahem, it can do whatever it likes if it wants to.

For itself, Eagle Sauce has a set of standards that can be implemented as long as it is beneficial to itself. For its little partners, there is also a set of standards, as long as it is in its interests, you can also do as you like.

The relationship is average, or there is a possibility of becoming an adversary. Everything you do is wrong, and it will always find a reason to attack. Of course, if it can get benefits, it is not non-negotiable.