Eric· Chou didn't know what the specific reason was, so he could only choke Xu Yiyang at this time: "Aren't you just a freshman who learns English?

Xu Yiyang nodded: "Okay, then I'll tell you." ”

Speaking, Xu Yiyang continued: "To put it simply, Soros first raised a large amount of US dollars as collateral when the Thai baht had not collapsed, and borrowed the Thai baht from the bank. ”

Eric· Chou pouted, "What are you stinking fart, what's the big deal?"

Xu Yiyang smiled and said, "When I finish speaking, you will know what is great." ”

Subsequently, Xu Yiyang returned to the topic and said: "If the normal exchange rate between the US dollar and the Thai baht at that time was 1:100, then Soros would use 100 billion US dollars as collateral in exchange for 10 trillion baht;

Then, he went to the foreign exchange market and sold 10,000 billion baht.

The amount of 10,000,000 billion baht is too large, and while he sells, it causes the exchange rate to fall and the baht to fall, and when he sells all the 1,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

At this time, it seems that Soros has lost $10 billion, but it doesn't matter, this loss is just a floating loss, and the time when he really makes money is still to come.

The sudden sale of 10 trillion baht itself will cause a decline in the exchange rate and panic in the market, coupled with Soros deliberately spreading rumors that the Thai baht is about to collapse everywhere and increase the market's panic about the Thai baht, so other people are eager to get rid of the baht, and they will follow him to sell the baht, even ordinary people in Thailand will rush to the bank to exchange the depreciating baht in their hands into a more stable dollar.

As a result, the whole society thinks that the Thai baht is going to collapse, and the Thai baht will collapse completely, and the exchange rate against the US dollar may fall from the previous 1:100 to 1:150 all at once;

Then you have to remember the point I just said, Soros still owes the bank 10 trillion baht to repay, so he can buy Thai baht again at this time, at the exchange rate of 1:150.

Under this collapsed exchange rate, Soros only needs to spend about $66.6 billion to buy 10,000 billion baht.

At this time, he returned the 10 trillion baht he bought back to the bank, and he could get back his previous $100 billion mortgage, and his account with the bank would be paid off.

But how much money is left in his hands now?

Excluding the principal, when he sold 10 trillion baht, he got 90 billion US dollars, minus the 66.6 billion US dollars he used to buy 10 trillion baht and return it to the bank, leaving a net of 23.4 billion US dollars in his hands!"

Speaking of which, Xu Yiyang looked at Eric· Chou, said with a smile: "This is the number of ways for international speculators to short the currencies of other countries, let me summarize it for you, shorting, is to first lend out commodities and sell them at a high level, causing market panic and causing prices to dive, and then buy them at a low price, and finally close the position and leave the market with the difference." Do you understand?"

Eric· Chou was stunned when he heard it, he didn't know if what Xu Yiyang said was true or not, but the key thing was that he found that he actually understood Soros's operation to make money, which was really embarrassing......

The people in the audience were also completely shocked by what Xu Yiyang said, in fact, most liberal arts students, and even most science students, may not really understand how Soros does empty Thai baht, and even, many people don't even know what it means to be short, but now, they all understand.

Xu Yiyang saw that he had nothing to say, and then said: "So, where did Soros earn his $23.4 billion profit?" In fact, it was snatched from the hands of the entire Thai people, you think about it, you are a Thai middle class, you have 10 million baht in the bank, this money can buy two houses, but after Soros came to ransack, it caused the collapse of the Thai baht, and the purchasing power of the Thai baht plummeted, and the 10 million baht could only buy one house, and the total amount of money was not less than a cent, but the purchasing power was less than half, where did this house go? Of course, it went to Soros's hands. ”

"So, let's go back to that stupid question you just asked, why can't the Thai government deal with Soros? This is mainly because the Thai government has too few foreign exchange reserves in its hands, and there is no way to fully take over and stabilize the exchange rate when Soros sells the Thai baht, so this is the fundamental reason why the Thai economy has been sniped by Soros and set back for 20 years. ”

At this time, Xu Yiyang said very seriously: "After Soros sniped the Thai baht and caused the financial turmoil in Southeast Asia, he used the same means to snipe the Hong Kong dollar, which is what you said, the financial turmoil of 98." ”

At that time, the mainland government had the world's second-largest foreign exchange reserves, and Hong Kong's foreign exchange reserves were the third in the world.

"Why did Soros lose and why was he afraid? Because the Hong Kong Special Administrative Region and the mainland government have joined hands to stabilize the exchange rate, stabilize the stock market, and stabilize people's hearts, in this case, Soros wants to cause the collapse of the Hong Kong dollar by selling the Hong Kong dollar, which is almost impossible to exist, because with the strong foreign exchange reserves of the whole of China as support, we can take as much as Soros throws, and we will never let the Hong Kong dollar exchange rate fall, and it is precisely because of this that Soros will return from Hong Kong!"

Speaking of this, Xu Yiyang raised his voice a little, his tone became serious and sharp, and he said coldly: "In the final analysis, the credit for driving out Soros and maintaining Hong Kong's financial stability is not all from the mainland or the Hong Kong Special Administrative Region, but with the entire Chinese people, so you just said that Hong Kong survived by its own strength, and this argument is also completely wrong." ”

"The reason why you make such a mistake is entirely because you are so ignorant and ignorant that you don't even understand the working principle behind the whole thing, so you talk nonsense, nonsense, and make conclusions!"

"Your ignorance is like me when I was three years old! At that time, I was naïve and ignorant to think that the car was driven by the driver's foot, and that the driver was the most powerful person in the world, because he could pull a car and a car full of passengers by stepping and stepping on it with two legs alone;

"However, when I was four years old, I knew that it was not the driver who was working, but the engine burning gasoline!"

"You're also a senior in your 20s at a prestigious university, why can't you even figure out such a simple truth? Isn't your IQ as good as that of a four-year-old?"

"Moreover, in my opinion, you are not only ignorant and naïve, but also particularly arrogant and arrogant! You only know a lot of things, and even don't understand bullshit, so you dare to open your mouth and talk nonsense without any responsibility, and you have no basic quality as a college student, which has simply refreshed my perception of the top students of HKU!"

was repeatedly attacked by Xu Yiyang, and even couldn't fight back at all, Eric· Chou's expression was extremely ugly, his face was frighteningly red, and his whole body began to tremble.

At this time, Xu Yiyang sighed and continued: "Actually, there is one thing I want to tell you from the beginning, that is, your spoken language is really bad in my opinion, and I have a headache listening to you many times. ”

"You said to yourself, you have been learning English in a more developed, prosperous and open environment since you were a child, why is your English not as good as mine? Your vocabulary is so weak in my eyes that it is scum. ”

"Moreover, you keep saying that English is your second mother tongue, you have received a bilingual education since you were a child, and you have studied in the English Department of the University of Hong Kong for four years, and all the four years have been in English, why is your spoken language not as good as mine? I have not lived in such an excellent environment as you said, and I have only just entered my freshman year, why is my spoken language much better than yours?"

When Xu Yiyang said this, Eric· Chou is already going crazy.

Xu Yiyang continued: "Look at you, your speaking and vocabulary are far inferior to me, you don't know as much as me, and your logic is not as clear as mine, just an adult mentally handicapped who can't do anything, can't eat enough, and blows everything, but you still have to slam your mouth at me to death, like a moth to a fire, and hit me with a gun, what do you say you are not stupid?"

Eric· Chou was on the verge of collapse, beads of sweat dripping down his cheeks.

He grew so big, he didn't suffer such a big blow, and the whole person was completely trampled under Xu Yiyang's feet.

Xu Yiyang looked at him, sneered, and said, "Finally, I would like to advise you, ignorance is never a fatal problem, stupidity is!"

As soon as these words fell, the audience was silent!

Xu Yiyang kept talking and talking like a machine gun, and he didn't give Eric· Chou had the slightest chance to fight back, and all the ammunition landed on him with unmistakable accuracy, knocking him like a sieve.

Many Hong Kong students have a little on their faces. Chou was so embarrassed today that they all felt hot in their faces.

And Eric· The two students around Chou, who were originally going to assist him and help him with firepower, were now pale with fright.

Fortunately, he didn't talk too much, otherwise, these powerful, suppressive firepower might eventually pour out on him......

Eric· Chou didn't know what to do with it.

He has never been so ashamed in his life, he is known as sharp-toothed, but in front of Xu Yiyang, he is not as weak as a three-year-old child.

Especially Xu Yiyang's ridicule of his spoken language and vocabulary is not heart-piercing, it is simply heart-wrenching!

He tensed his whole body for too long, and finally felt a buzz in his head, he suddenly stood up, slammed the microphone to the ground, got up and rushed out of the auditorium, leaving behind a large number of shocked audiences, and Xu Yiyang with a smile on his face......