Qiao Tianyu tried to recall the memories of his previous life, and if he wanted to say that the major events in the world financial circle in 1994 were nothing more than the US bond crisis at the beginning of the year, the re-independence of Lehman Brothers, and the Mexican financial crisis at the end of the year.

And the U.S. bond crisis and Lehman Brothers' re-independence at the beginning of the year have passed, are they all going for the Mexican financial crisis?

As for the Mexican financial crisis, Qiao Tianyu is still very impressed.

In the middle of the night on December 19, 1994, Mexico** suddenly announced that its currency, the peso, would depreciate by 15%, a decision that immediately caused great panic in the market.

Foreign investors frantically sold pesos and snapped up dollars, and the peso exchange rate fell sharply.

On December 20, the exchange rate fell by 13% from 3.47 pesos to 3.925 pesos to 1 dollar.

On December 21, it fell another 15.3%.

With the depreciation of the peso, foreign investors withdrew a large number of funds, and Mexico's foreign exchange reserves plummeted by nearly $4 billion in the two days from the 20th to the 21st.

Mexico's entire financial markets are in turmoil.

From the 20th to the 22nd, in just three days, the exchange rate of the Mexican peso against the US dollar plummeted by 42.17%, which is extremely rare in modern financial history.

The main reason for the financial crisis is that the inflation rate in Mexico has been high since the 80s, and the Mexican authorities have adopted a series of monetary policies to reduce the inflation rate.

As a result, the Mexican peso was overvalued, leaving hedge funds with an opportunity to go short.

And the international hedge funds led by Soros's Quantum Fund saw the opportunity to guide a huge amount of international hot money to flow into Mexico, and then suddenly withdrawd, which eventually caused the crazy depreciation of the Mexican peso!

So, similar to the pound crisis of 1992, the Mexican financial crisis was a financial disaster concocted by international hedge funds.

Hedge funds have made a lot of money in Mexico, leaving the people of Mexico and Latin America with untold disaster.

And as David said earlier, so many good traders jumped out to set up hedge funds, is it because they also saw an opportunity to short the Mexican peso?

Of course, all this is just Qiao Tianyu's speculation, and the specific reason is unknown, but it is imminent to quickly set up a hedge fund to compete for customer investment.

"Boss, why don't we act quickly, it's too late!" Qiao Tianyu suggested.

"Well, that's what I thought too. David nodded and said, "I called you over today to discuss the registration of a hedge fund." ”

"Early tomorrow morning, you and I will fly to the Cayman Islands, and we will hurry up and go through the registration procedures first. ”

"Cayman Islands?" Qiao Tianyu thought for a moment, nodded and said, "The Cayman Islands are indeed a good choice. ”

The Cayman Islands is a British overseas possession of the Western Caribbean Islands in the Americas.

The archipelago consists of three islands, Grand Cayman, Little Cayman and Cayman Brac, with a land area of only 264 square kilometers and a population of 60,000.

Although the Cayman Islands is a small land, it is a world-famous diving resort, a tourist resort, the world's fourth largest offshore financial center and a "tax haven", and the world's most important hedge fund registration place.

Every year, countless hedge funds are registered here to avoid regulatory and tax avoidance needs, including the most prestigious Soros Quantum Fund, which is also registered in the Cayman Islands.

So, theoretically, the Cayman Islands is the number one hedge fund country in the world!

"But boss, I don't need to do anything about the procedures for registering a hedge fund, I still have something to do, or I won't go, right?"

Qiao Tianyu has always been thinking about that "Qiao Yuanshan" in his heart, and he doesn't want to fly all the way to the Caribbean Sea.

Besides, even if he wants to set up a hedge fund, Qiao Tianyu is only a fund manager, only responsible for daily investment operations and procedures, and he doesn't want to worry about it.

"No, no, no. David threw a mysterious smile.

"This time in the Cayman Islands, you have to go, I have an unexpected surprise for you!"

"What surprise?" Qiao Tianyu hurriedly asked.

"Hahaha, when you get to the Cayman Islands, you'll know!" David smiled mysteriously.

"Okay, the Cayman Islands are visa-free for U.S. passports, so you have the right to go on vacation and rest!"

Seeing that David insisted on going by himself, Qiao Tianyu agreed despite some reluctance.

After all, they will have to get along and work together day and night in the future, and Qiao Tianyu doesn't want to stiffen the relationship between the two.

Besides, to investigate the matter of "Qiao Yuanshan", it is enough to have Qiao Daye, and it is not necessary for Qiao Tianyu to do it himself.

So Qiao Tianyu agreed, and he also wanted to see what kind of unexpected surprise David had prepared for him.

When I got home, I heard that Qiao Tianyu was going to the Cayman Islands, but the little chubby face became interested.

She said that she had been fascinated by the tourist attraction for a long time and had never had a chance, and this time she said that she would go with it for three days.

Chubby Face's request made Qiao Tianyu a little embarrassed, Qiao Tianyu originally wanted Chubby Face to accompany Qiao Daye in New York to figure out "Qiao Yuanshan".

After all, Qiao Daye is a dirt bun who can't even speak a word of English, and Qiao Tianyu is worried that he won't be able to do anything if he stays in New York.

However, Chubby Face had a temper tantrum, and she had to go to the Cayman Islands with her, otherwise she would quit.

Qiao Tianyu couldn't resist her, and in the future, he would have to ask this "hedge fund ATM" for hedge fund marketing, so he had to reluctantly agree.

As for Qiao Daye, Qiao Tianyu politely said a few words to him and asked him if he wanted to go with him.

Qiao Daye stretched his waist and said that it was better to stay here and sleep, so Qiao Tianyu didn't say anything more.

That night, Qiao Daye's father, the village head, was supposed to go to work at the village committee, and Qiao Tianyu dialed the phone number of the Qiaojiapu village committee.

But who knew that the phone couldn't get through, that is, no one answered.

There is no way, no one can only wait for the phone to answer, mobile phones have not yet been popularized in China at that time, and it is really difficult to contact individuals.

In view of the fact that Qiao Tianyu and Chubby Face are going to leave tomorrow morning, Qiao Daye has taken over the responsibility of contacting the village chief's father, and he is responsible for investigating the matter of "Qiao Yuanshan" in the past few days......