Chapter Ninety-Six: Suicide

Bangkok Bank, Bangkok Commercial Bank, Fuji Bank, Sumitomo Banking Corporation, .......

At the time of Li Yunsheng's negotiations with Nitivah, all the banks in Thailand had already encountered coercion and inducement from the Thai authorities.

Same requirements as for Standard Chartered.

Thai authorities require information on customers with forward foreign exchange contracts, and prohibit domestic banks from lending Thai baht to international speculators.

Hong Kong, Jushi Capital Headquarters.

Zhao Jiangchuan showed a sarcastic smile on his face after receiving the news from Thailand for the first time.

It's time to come after all.

Clients who set up forward foreign exchange contracts in Thailand are often Thai natives.

As long as the Thai authorities have access to these customer information, they can visit them directly.

What are the consequences?

Of course, it was sincere and fearful, and it was a ball.

In the face of the state violence machine, which dares to resist.

Either go to the squatting room, or honestly close the position with a backhand.

Fools know what to choose.

The idea of the Thai authorities is good and beautiful.

If you want to determine the price of the baht, you must use the relationship between supply and demand to determine the winner or loser.

When the supply decreases, the price of the baht will naturally be maintained.

Local banks are forbidden to lend money to international speculators, and international speculators cannot form a violent impact on the baht.

Then let those funds holding forward positions in China close their positions, and those closed positions will be converted into the power of long baht.

Kill three birds with one stone.

Very good and beautiful plan.

In this way, the pressure on the Bank of Thailand will be reduced a lot.

Killer.

This is the killer weapon of the Bank of Thailand.

It is precisely on this basis that the Bank of Thailand dares to play the cauldron plan.

If we can defeat the attack of international speculators with this counterattack, we can delay the current situation in Thailand for a while.

After Myanmar and Laos join ASEAN.

With the status of the Thai baht in ASEAN, we can slowly calm down the various hollows of Thailand's rapid development.

But it is precisely this that makes Zhao Jiangchuan very sarcastic.

From a coercive point of view, he doesn't have to think about how ridiculous Thailand's killer feature is.

The world is bustling, and profits come and go.

Interests are the only factor that promotes the progress of human society.

If power had been useful, there would have been no millennial dynasties in human history.

Under the interests of the people, there has never been a power that can be suppressed forever.

People's hearts can only be sparse, not blocked.

The more forceful the repression, the more violent it will erupt.

Although Thailand's killer move can temporarily mobilize all of Thailand's comprehensive forces.

But fundamentally, it is self-defeating.

There is never a constant price for any kind of commodity.

The kind of irregular price movement is called systematic risk in the professional name.

Money is a symbol of wealth.

But it is also a type of commodity.

It is an evolution of barter.

Therefore, it is impossible for the value of any country's currency to remain the same forever.

Under this systemic risk, some export-oriented enterprises need to use hedging to avoid the risk of exchange rate fluctuations.

Take Thailand, for example.

If a company invests in Thailand, it needs to convert its national currency into Thai baht.

After investing, it holds baht assets.

However, because there is a systemic risk in the Thai baht, the company needs to protect against this systemic risk by selling the Thai baht in the forward market.

If the price of the baht rises, the foreign exchange forward position will lose money, but the value of its assets will also increase.

And vice versa.

This hedging hedge trade allows you to lock in the risk of your baht assets within a manageable range.

However, if the Thai authorities do this, they will make those large capitals feel a huge risk.

If the baht hedging contract is closed, the risk of the baht asset will be uncontrollable.

What does capital do?

Those who make money, those who chase profits.

Under the huge capital, that profit can even blur the national boundaries of the country.

As soon as there is a risk, the profit-seeking capital will be withdrawn immediately.

If you have money, you are an uncle everywhere.

You don't have to play at home, so I can't go to another house to play.

As long as outside investors feel threatened, they will desperately withdraw from Thailand.

And that's just one of them.

Foreign investors cannot hold more baht assets than Thai people.

It's good that the baht was able to hold the line.

Once it can't be defended, it is the Thai people who will lose the most and be raped by international capital.

Shengdou Xiaomin will not think about any national interests, and any government will not have anything to eat if it does not work.

With Thailand's democratic system, once people's property is damaged, they will definitely go to the bank to exchange their baht.

At that time, it will be the end of Thailand.

This is also where Zhao Jiangchuan feels the most ironic.

Ordinary people, with so much money, will not consider the depreciation of assets.

But the rich are different.

Most wealthy people or entrepreneurs will avoid the depreciation of their assets in different ways.

The use of various financial instruments is one of the common means to avoid the shrinkage of wealth.

But once the foreign exchange position of hedging risk is forced to close by the Thai authorities, then ......

There is only one possibility.

Migrants run away.

Because, Thailand is a military state.

Under the royal family, a large amount of wealth is in the hands of major military and political families.

In addition, it is the major multinational wealthy businessmen and some celebrities.

These are often the groups that like immigrants the most.

Just like the former Soviet Union.

The ruble was subject to financial controls under the attack of international capital, but in the end, this control caused a large amount of domestic capital to flee from the Soviet Union.

Because of the restriction of risks, on the contrary, the risk of the ruble is fully exposed.

Ultimately.

The USSR collapsed, the ruble collapsed, and the people took over.

It's so beautiful to think about.

It's a pity that no matter how beautiful you think, it's useless.

Why bother, you have to play with something you don't understand.

I'm killing myself.

In the office, Zhao Jiangchuan sighed.

It's just that his face is full of coldness.

Cold, like a butcher.

A butcher who killed 10,000 people.

Bangkok.

Jushi Asset Management.

Robert Badenberg lies comfortably on a leather sofa.

Between his legs, a long-haired woman with a slender figure and a slightly dark complexion was buried there.

The woman's hair was so long that it was impossible to see what she looked like.

This made Robert a little dissatisfied.

He shifted slightly, and raised his hand to pull the hair of the woman in front of him.

A slightly darkened face was exposed to Robert's eyes.

Danfeng triangular eyes, a tall nose bridge, and a very fat lip.

In the eyes of the Chinese people, this face is the kind of face that cannot go to the hall.

But in Robert's eyes, this is a real beauty.

The two did not speak.

However, when Robert pulled the woman's hair, the woman threw an extremely seductive look at him.

Then, he lowered his head and worked harder.

"Oh......"

"Bell Bell Bell 、..."

Robert involuntarily screamed.

But before he could savor the pleasure again, the satellite phone in his hand suddenly rang.

Robert shuddered.

There is only one person who can make a call.

He didn't dare to have any delay, and immediately pressed the answer button in the shortest possible time.

"Carrot Head, I hope nothing good bothers you. If anything, then all I can say is sorry. ”

Where did Robert dare to answer this.

Sorry on the other end of the phone, he didn't dare to take a hundred guts.

Robert laughed dryly.

"No, no... Oh......."

"Well, it looks like I didn't come at the right time, but Carrot Head, to tell you the unfortunate news, your vacation is over. ”