While Zhao Jiangchuan was praying for the blessings of the Thai people, Sonny, the governor of the Bank of Thailand, was also praying for Thailand.

Pray that Lord Buddha will bless Thailand through this crisis.

But Sonny found that it was useless to pray to anyone now.

He had just received a news that he couldn't believe it all.

The Japanese, to divest.

Thailand, in these two decades of rapid development, is known as the most miracle in Asia.

The head of the Four Little Tigers.

Since 76 years, Thailand's financial industry has grown rapidly.

Then, Thailand opened all barriers and received unlimited amounts of capital from all over the world.

Thailand's economy has seen phenomenal growth.

While generating a lot of tax revenue, it also brings a lot of income to Thai residents.

With the development of the economy, the tourism industry has also ushered in opportunities for vigorous development.

Everything is so exciting.

But before that, no one in Thailand noticed that the influx of outside capital into Thailand was actually very simple.

More than 50 percent of the assets of overseas investors flowing into Thailand come from Japan.

Among them, Japanese multinational investors such as Mitsubishi Group, Toyota Motor Corporation, Honda Corporation, Suzuki Motors, and Sumitomo Corporation are the main investors.

Thailand is the largest rubber producer in Asia.

Sumitomo Corporation is Asia's largest automotive tire manufacturer.

After Japan's inward investment strategy was adjusted to foreign investment 10 years ago, Sumitomo Corporation built a large number of tire manufacturing plants in Thailand.

The Mitsubishi Group, Toyota Motor and Suzuki Motor have invested in a number of automobile production and processing bases in Thailand.

From the parts to the assembly of the car.

Mitsubishi's cars are all completed in Thailand.

Sumitomo and these car manufacturers complement each other, relying on cheap labor and high-quality raw materials, these Japanese companies have almost monopolized most of the motorcycle and automobile market in Asia.

On the streets of Thailand.

Motorcycles, almost exclusively Honda and Suzuki Nissan.

Automobiles, on the other hand, are also dominated by Japanese cars.

But now, these Japanese companies are suddenly pulling out of their capital.

They have to exchange their baht for yen or dollars and leave Thailand.

Sonny was completely stunned when he learned the news.

It was only then that he realized that Thailand's biggest crisis was not a run on the population at all.

With the proportion of Japanese investment in Thailand, a large-scale withdrawal of investment will immediately detonate all crises in Thailand.

workers, widely unemployed.

Foreign exchange reserves will be hit hard.

Corporate tax revenues will be severely reduced.

The cascading effect will deal a fatal blow to Thailand.

Blocking the news, be sure to block the news that the Japanese are going to withdraw their investment.

Sonny is not a central bank governor.

When he realized the consequences of the Japanese divestment, he immediately reported it to the Prime Minister's Office.

"General, I just received news that Japanese companies investing in China will withdraw their investments at all costs, and now we must immediately block the news, and then we will talk to these Japanese..."

"Okay, I'll arrange it right away. ”

Sonny's response was quick, and Prime Minister Chawalit was cooperative.

But it was still too late.

Hong Kong.

Hong Kong Television Finance Channel.

"Yesterday morning, a source who did not want to be named said that Japanese investors in Thailand have been selling assets on a large scale recently.

Judging from the current situation in Thailand, it is likely that these Japanese companies are preparing to withdraw their investment from Thailand.

At present, we have received news from Thailand that Mitsubishi Motors' factory in Pattaya has been suspended for three days, and the Sumitomo Rubber Group Chiang Mai branch has also been suspended for more than two days.

From the analysis of various information, the news of the withdrawal of the Japanese consortium from Thailand is not false.

These are the on-site photos we took locally in Thailand. ”

With the words of the TV host landing.

A set of enlarged photographs was displayed on the TV in a matter of seconds.

As you can see in the photos, a large number of workers gathered in front of some local Japanese companies.

They held banners in their hands demanding that enterprises resume production.

Others put up banners demanding that companies pay dismissal compensation.

After the picture, the TV host spoke again.

"What kind of impact will the withdrawal of Japanese companies from Thailand have on the economies of Thailand and Hong Kong, now let's listen to the professional analysis of Mr. Li Dacan, chief analyst of Jushi Capital. ”

The picture flashed, and it switched to Li Dacang, who was wearing a suit and leather shoes and a pair of gold-rimmed glasses hanging on the bridge of his nose.

He first showed a smile that he felt very handsome, and then straightened the corners of his clothes and spoke.

"According to our analysis at Jushi Capital, Japan accounts for more than 50% of cross-border investment in Thailand. Thailand's largest debt also comes from Japan.

If a large number of Japanese companies withdraw their investments, it will be an unbearable blow to the Thai economy.

If the Thai authorities do not respond properly, they will look at the historical trajectory of other countries.

Workers will lose their jobs and banks will fail.

It could even trigger a systemic financial crisis in Thailand.

The stock market crashed, the property plummeted, the bonds plummeted, and there was a massive outflow of foreign exchange reserves.

And once Thailand's foreign exchange reserves are depleted, the loss of the baht is inevitable.

The financial crisis is a disaster for any country.

And in the financial crisis, it is always ordinary people who bear the heavy and catastrophic consequences.

Prices are skyrocketing, there is no food, hunger and cold.

I sincerely hope that the Thai government can deal with this matter in a timely and correct manner, otherwise the Thai people will fall into the disaster that no one wants to face.

The people are innocent. ”

On stage, Li Dacang was in front of him with a high spirit, explaining the impact of Japan's withdrawal on Thailand.

In the back, he died with a sad face.

His grief seemed to resonate with the host.

After Li Dacang's words, the host said bitterly.

"I hope Thailand can survive this crisis, and let's pray for them. ”

After three seconds of silence.

The moderator spoke again.

"What will be the impact of the current situation in Thailand on us in Hong Kong? ”

"From our analysis, the situation in Thailand will boost Hong Kong's economy. Hong Kong is the financial center of Asia and has an unshakable economic position in the world. Recently, the HKMA has followed the Fed in lowering interest rates, which has released liquidity in the Hong Kong dollar to a certain extent.

The outflow of large areas of capital from Thailand is likely to divert some capital into Hong Kong.

Naturally, it will help Hong Kong's economy to achieve greater glory. ”

“......”

After the show, it is the daily advertising stage.

An international action superstar Fang is dragon's avatar jumped onto the TV screen.

"For financial management, I will choose Standard Chartered Bank's Xinglong No. 1, and the annualized income of 13% is hard to find. So, what are you waiting for!"

......

Bangkok, headquarters of the Bank of Thailand.

Sonny slammed his fist on the table and cursed.

"Damn, damn Little Japan, damn Boulder Capital, damn Li Cannon, you bastards. ”

The hatred in Sonny's heart gushed like a surging river.

In the past, Sonny, like many people, was completely unaware of the impact that Japanese investment would have on Thailand's economy.

But now, when Thailand was in crisis, Japan's huge investment immediately became the hammer that really overwhelmed Thailand.

Now is the most difficult time for Thailand, but the Japanese have to withdraw their capital at any cost.

It's a drop in the coffin.

What's even more odious is the-stirring stick of Boulder Capital.

From Sonny's eyes, it is impossible to see what role Jushi Capital plays in the current situation in Thailand.

Every time, as long as the people of Jushi Capital jump out, they are targeting Thailand and the Thai baht.

What's even worse is that you have to play a false pity and prayer.

What does it mean that the people are innocent.

That doesn't mean blaming the Thai government for what it is doing.

A small investment company dares to dictate to a country's government.

It's just no one in sight.

If you really think about Thailand and the Thai people, you shouldn't make these things public.

Damn it.

These vampires, capitalists.

Sonny held his breath and cursed in his heart.

But in the end, he sighed helplessly.

Then, Sonny had a self-deprecating smile on his face.

With the information he has, he knows more than many people.

Prior to this incident, there had been a massive outflow of domestic capital.

And those sources of capital outflow made him have to vent his anger elsewhere.

"Bell bell bell..."

On the desk, the nasty phone rang again.

Sonny clenched his fist and had to let go.

In his place, he seeks his own affairs.

Even if he had a premonition, he still had to continue to do what he had to do.

But for no reason.

He suddenly sounded Hua Guo's words.

Heaven is evil, especially exists.

You can't live if you do your own evil!

"Oh no, Governor. The Sathorn branch has run out of dollar cash, and now the depositor door is already hitting the bank's door, please transfer funds as soon as possible. ”

"Okay, I got it. I immediately transferred $20 million. ”

"No, at least 50 million. The crowd outside had already lined up on the opposite street. ”

"Okay. I know. I will arrange it as soon as possible. ”

After hanging up the phone.

Sonny closed his eyes weakly.

The edifice was about to fall, and he already felt like he couldn't hold it anymore.

"Bell bell bell..."

Before Sonny could rest for a minute, the red phone rang again.

"Governor, the Chiang Mai branch is in an emergency, a large number of people are queuing up to storm the bank, and now it urgently needs 200 million US dollars to support, please arrange it as soon as possible. ”

Then.

Pattaya Branch, Phuket City Branch, Chiang Rai Branch Branch.

After major media revealed that Japanese companies were going to withdraw their investments, banks in all regions of Thailand fell into a public run frenzy.

Countless residents are scrambling to exchange their baht for US dollars.

Bangkok.

Head Office of the Bank of Thailand.

In the hall downstairs, the crowd formed a long queue that could not be seen at a glance.

Almost all of them have a lot of baht in their hands.

Some are holding a passbook or bank card.

These people are all Thai people who rushed to the bank to exchange money.

Suddenly.

The long queue of people blew up the pot.

I don't know who suddenly shouted.

"The bank is out of money, and our money is going to be wasted paper. ”

This shout was like a huge thunder thrown from the ground.

No one is willing to let the wealth they have worked hard for all their lives become waste paper.

At this shout, the crowd that had been waiting in line began to storm the door of the bank like crazy.

The security guards of the bank have long been pushed to the ground where they have not been known.

Crying, shouting.

A mess.

Sonny couldn't sit comfortably in his office anymore.

He stood by the fence on the third floor of the bank and personally directed the scene.

"Wide, go get a tweeter and calm the emotions of the people. Tony, immediately mobilize cash to the scene. ”

Sonny's assistants take the order.

But before Sonny could catch his breath, someone ran over in a panic.

"Governor, there is a change in the spot market and the forward foreign exchange market, you should go over and take a look. ”

Sonny's eyes closed weakly.

Then, a kind of vertigo made his body panic a few times, and it seemed that he would faint at any moment.

The head of the marketing department who came to call him was taken aback.

"Governor, are you alright? ”

Sonny clutched the railing for thirty seconds before struggling.

"It's fine. Do your best to take over the market's sell-off, and the forward foreign exchange market defense line must maintain the price of 26. ”

"But... But we don't have much money. ”

"How many more. ”

"It's less than eight billion dollars. ”

Sonny's heart sank.

Eight billion dollars, it's easy to say in normal times.

However, with the current chaotic situation, I am afraid that it will not last long.

The feeling of powerlessness makes Sonny almost literally faint.

He struggled to hold on to the railing and forcibly composed.

"Don't panic, as long as we can calm the emotions of the people, maybe we still have a chance. You do as I say now, and do your best to take over the sell-off in the market. ”

Sonny's face was quite calm.

But the muscles of his face that kept beating betrayed his heart deeply.

The people in the marketing department didn't dare to say anything, so they turned around and took the order.

It's just that the moment he turned his head, the tears of the visitor almost fell.

As a person who has been with Sonny for more than ten years, how can he not see Sonny's powerlessness and exhaustion.

He had never seen Sonny be so depressed as he was on this day.

"Everyone, line up, don't panic. We have enough dollars, don't worry. Look, the cash cart outside has arrived. It's full of dollars, everyone line up, come one by one. ”

"Don't panic, don't worry..."

The deputy governor of the Bank of Thailand, Kuan, personally held a loudspeaker and shouted over and over again.

Soothed by his magnetic voice, the mood of the people who stormed the bank gradually stabilized.

Of course, it could also be because people saw boxes of dollars being lifted out of the cash trucks.

All in all, the panicked crowd gradually settled down.

Seeing that the situation had improved, Kuan wiped the sweat from his forehead, put down the horn and walked to Sonny's side.

As the second-in-command of the bank, Kuan, like Sonny, is well aware of the current dire situation facing Thailand.

It's just that now, it's too late to say anything.

The only thing they could do was to do their best to protect the baht's last line of defense.

If you want to keep the exchange rate unaffected, you need enough dollars to support it.

But now the central bank's reserves, I'm afraid it won't last long.

"Sonny, why don't we try to borrow some money from other banks to save the day. ”

"Kuan, do you think that with our current situation, those foreigners will help us?"

"But if we don't try it, maybe there will be, that's our last hope. ”

Sonny smiled self-deprecatingly.

Now, even allies such as Hong Kong, Malaysia and Singapore are afraid to come to Thailand's aid.

And who will help Thailand through this.

Forget it, let him be.

"Okay, you go and try it, I'll go to the marketing department first. ”

。 m.