Chapter 123: A wolf-like opponent

Bangkok, Bank of Thailand.

The vice president walked into the president's office dejectedly.

Just as Sonny expected.

No matter what attitude he took to negotiate with other multinational commercial banks, he did not get the desired answer.

Even if he pleaded with the multinational banks in the country, it would be of no avail.

Without money, it is impossible to build a line of defense.

With the amount of reserves left by the Bank of Thailand, it will be difficult to survive without a miracle.

By the time Kuan entered the door, Sonny had already guessed the outcome.

Still, he asked.

"Wide, how's it going. ”

"Sonny, you're right. Now, no one is willing to help us. Except for Standard Chartered Bank, which agreed to our request, all other banks rejected our request. ”

How is this possible that Standard Chartered has agreed to the loan request?

Sonny quickly leaned half out of his chair, and he was shocked.

"You said Standard Chartered agreed to our loan request?"

"Yes, but Standard Chartered said that such a large-scale fund transfer will take a little time to prepare, in addition to submitting a report to the board of directors. It may be a few days late to give us a specific reply. ”

"Hasn't Standard Chartered Bank been acquired by Jushi Capital, how can it agree to lend us money?"

"I don't know. But Standard Chartered agreed to lend us dollars at this time, at least not badly. ”

Not a bad thing, indeed.

If you have money, you can solve a lot of problems.

"But can we wait until then..."

Sonny thought with a wry smile.

"Bell bell bell..."

The red phone on the table rang again.

Red is so disgusting, and ringtones are so annoying.

Sonny didn't have to answer the phone to know that there must be some bad news.

Domestic capital is flowing out on a large scale, and international capital is still eyeing the market.

Internal and external troubles!

"Governor, just now we received a few more heavenly exchanges, with a total scale worth 250 million US dollars. ”

"Did you find out where it came from?"

"It's a couple of finance companies. ”

"Are they still the same?"

"No, it's another finance company. But I suspect it's all leather bags, because these financial companies were all set up in March last year. ”

"Okay, I got it. Trace the source of their funds..."

“...”

Jushi Asset Management Trading Department.

Robert was screaming like a jumping god.

His shirt was taken off by him and waved in his hand.

That crazy look, it's like a madman.

"Gentlemen. Take out your jerking off speed, a lot of dollars are waving at us. ”

"Oh. Zhang, I think you can hurry up, right? If you can hurry up, I will apply for the boss to add $50,000 to your year-end bonus. ”

"Even buy Ka, my Lee. You haven't eaten in the morning, have you? Why are your hands suddenly so slow? ”

"Gentlemen, the year-end bonus of the Singapore Trading Department has come down. One million per person, if you want to exceed their year-end bonus, just give me a quick job. ”

"Kill these low-class Thais. ”

"Money, woman. We're all waiting for you, let's have a good time!"

“...”。

Robert, simply an apostle of the devil.

He was shirtless, frantically waving the clothes in his hands.

With the most primitive desires in the world, he stimulated everyone present.

In that case, it's a flag-waving demon standard-bearer.

"Crackling...".

Robert's words seem to have a demagogic nature that can drive people crazy.

At his instigation, the traders' hands tapped wildly on the keyboard like fluttering butterflies.

The sound of dense keyboard tapping is no less than the sound of raindrops hitting the roof.

At that percussion speed, which is invisible to the naked eye, large positions are reported to the main body of the market.

"268.16 points, buy flat. Three hundred hands. ”

"268.17 points, sell open, 300 lots. ”

"268.15 points, buy flat. Five hundred hands. ”

“......”

"267.39 points, sell open, five hundred lots. ”

"267.38 points. Buy flat. Six hundred hands. ”

“......”。

In order to defend the Thai baht, the Bank of Thailand raised the benchmark interest rate for Thai baht deposits and loans to 14 percent.

Under this super bearishness, everyone understands that the stock market and real estate have become the objects abandoned by the government.

Almost all the funds that I understand are selling the stocks in my hand in one go.

Those who can short stock indices are also shorting the SET50 and SET100 indices without limits.

In all, the shipment of Jushi Asset Management is very smooth.

Not only did the price climb due to the large-scale liquidation, but it made a lot of extra baht because of the bearish pressure on the market.

It didn't take long.

Fang Zhongyuan, who went out to run errands, returned to the company.

As soon as he walked into the trading room, he saw Robert like a madman.

Fang Zhongyuan couldn't help laughing.

Robert, who was shirtless and almost only had his underwear left, jumped and shouted frantically, and he didn't look like an old man in his fifties at all.

Perhaps, this is the etiquette of the English aristocracy!

Fang Zhongyuan maliciously guessed.

Finally, Robert, who was crazy about Q, found Fang Zhongyuan who entered the door.

He spoke.

"Oh, dear Fang. You're back, no problem. ”

"Of course, there is no problem. ”

"I guess they must have a bad look on their faces. ”

"Haha. Would your face be better if it were you? It's two and a half million dollars, and their faces are like the color of pig liver. ”

"It's a pity, I like to see others unhappy and I can't help it. ”

"Lao Luo, you have learned badly from some people. ”

"Haha, but it's really cool. ”

“...”

......

Singapore.

Jushi Capital Trading Department.

Liu Qiang, the supreme conductor, and Robert in Thailand are completely two extreme personalities.

The muscles on Liu Qiang's face couldn't help shaking.

His eyes were full of crazy excitement.

Still, he kept his emotions under control.

He wanted to be as motionless as a mountain.

He wanted to be like his boss, who could collapse in front of him without changing his face.

"Little four, the group A account is shorted with 60,000 contracts. We need to break through the 25 defence as soon as possible. ”

"San'er, Group B is on standby at any time. Once the baht price falls below 26, there is no limit to shorting. ”

The movement of the US dollar against the Thai baht.

1:24.795.

At a time when Thailand is in the grip of a run, the forward market is just as volatile.

Despite the fact that BOT has built a large number of longs in the market, it is still unable to pull the baht price above 24.

In the four major foreign exchange futures markets, the open interest and trading volume of contracts related to the Thai baht are expanding rapidly.

Intertwined around the price of 24.750, a large number of funds began to compete with each other.

There are bears, and there are bulls.

It's like the public says that the public is reasonable, and the mother-in-law says that the mother-in-law is reasonable.

In the market, it is never possible for everyone to agree on a unified direction.

The bearish logic is that Thailand's current economic situation is unable to support the fixed exchange rate of the Thai baht.

The bullish logic is that the Bank of Thailand will do whatever it takes to maintain this fixed exchange rate.

There is no right or wrong way to do this.

Until the results are out, no one can be sure that they are necessarily right.

Zhao Jiangchuan can't either.

At least, he can't guarantee that he's right right now.

This attack against Thai Baht was a few months ahead of the future he knew.

And at the point in time he knew, international capital was still being killed by the Bank of Thailand.

However, this does not affect his judgment and decision-making.

The general trend is in hand, and I have it in the world.

In its current near-one-sided form, Mr. Zhao believes the Bank of Thailand has reached its limit.

Just a little more pressure will be like the last straw that breaks the camel's back.

At that time, there is no need for Boulder Capital to make any more moves, and BOT's defensive line will be self-defeating.

Barber.

I don't think you're going to let me down, are you?

Thailand.

The Southeast Asia Economic News published an article that attracted the attention and resonance of the Thai people.

The Southeast Asian Economic News noted.

In the last year, the Thai stock market has plummeted by more than 70 percent, and the price of houses in Bangkok, Chiang Mai, Pattaya and other places has also fallen by 60 percent.

And now, the Thai baht is facing a huge test.

It all started when Finance Minister Barber Carew came to power.

Ever since Barber Karui took office as finance minister, Thailand's economic figures have been declining.

Barber's property tax has put a lot of pressure on the real estate market.

Barber's 15 percent institutional tax on Chinese institutional investors has kept Chinese investors away from the Thai market.

The Southeast Asian Economic News pointed out the administrative policies approved by Finance Minister Barber from various angles.

The Thai people found that the Southeast Economic News was right.

There are more than a dozen references that show that everything is as analyzed by the Southeast Economic News.

After Barber Karui succeeded as Minister of Finance, Thailand's economy began to enter a downturn.

What does this mean?

It means that Barber Karui is not fit to be the Minister of Finance, he is an incompetent guy.

The streets of Bangkok.

I don't know when it started, but a large number of people gathered.

Carrying banners and white flags, they began to demonstrate in the streets.

The banner reads:

Let the incompetent Bobble get out of the way.

On the flag, a cartoon character with a pig's head and a human body is drawn.

It says, Barber Karui.

"Get out of the way of Barber Karui, this incompetent guy doesn't deserve to be the Minister of Finance. ”

"Idiot Bobber, you are the one who brought Thailand to the gates of hell. ”

"Get Bobble out of here, we need more capable people. ”

“......”

The ranks of the demonstrations are getting bigger and bigger.

They surrounded the Prime Minister's Office and blocked the gates of the Ministry of Finance.

"Compatriots, these corrupt guys, if you don't give them a little color, they will not give up their rights, we need to use our blood to do our part for this country. We are going on a hunger strike to protest their incompetence. ”

"We want a hunger strike, we want more capable people to be finance ministers. ”

"Protest, protest against Bobble's incompetence. ”

“...”

Under the mighty protests and demonstrations, high-level people from all walks of life in Thailand could not sit still.

Bangkok, Prime Minister's Office.

Finance Minister Barber Karui, who has served for two years, handed a resignation report to Prime Minister Chawalit.

"Mr. Prime Minister, I request my resignation. ”

It's different from what the outside world speculated.

Barber Karui, who asked for his resignation, did not relent, on the contrary, his face was full of anticipation.

Today's situation in Thailand, as Finance Minister Barber, sees it very clearly.

Thai baht, I'm afraid I can't stand it anymore.

Otherwise, how could the general in front of him quietly do such a thing.

Obviously, he knows better.

Once the Thai baht is lost, then the responsibility will fall on him, the finance minister, at that time.

If you don't run now, you'll be an idiot.

It's better to let Sonny fight.

Chawari took Barber's resignation letter, and after a long silence, he spoke.

"Well, I agree with your resignation. ”

As to why Barber resigned at this time, Chavali knew very well.

Merely.

In the face of the huge crowd of demonstrators, he could only conform to the will of the people.

After all, Thailand is a democratic country.

If he fails to comply with public opinion, then he, the prime minister, may also have to be ousted.

His predecessor was smashed with rotten eggs and rotten cabbage leaves before he could do enough for ten months.

Democracy, what a damn populace.

Bank of Thailand, Office of the Governor.

After receiving the news of the resignation of Finance Minister Barber, he was so angry that he almost fainted.

Now is the most critical time for Thailand, but the minister in charge of finance has actually picked on his own and quit.

"Bastards, bastards. When has it been, and is still engaged in such small actions. ”

Sonny's lungs are about to be blown up.

On one level, how could he not see that Barber would resign at this time.

It was clear that the biggest pot was to be put on his head.

Once the country's foreign exchange reserves are depleted, only he, the central banker, will be responsible for the matter.

"Bastard, this damn fellow. Stupid and hateful. ”

Being able to sit firmly in the post of central bank governor, Sonny has in-depth research on politics and economics in addition to family support.

In the defense against the baht.

Prime Minister Chawalit and Finance Minister Balu have repeatedly expressed their support for the Thai baht in public and in the media.

They have also repeatedly sworn that the baht will not depreciate.

Sonny could think of it.

At such a critical moment, the sudden resignation of the finance minister, who has always supported the baht in public, was a fatal blow to the baht.

Rats leave a sinking ship.

Now that the Thai baht has not fallen, these monkeys have found a way out one by one.

The best way to storm a fortress is to start from within.

Nowadays, there are external troubles, and there are so many problems internally.

Don't they understand what faith is more precious than gold?

Once you lose faith, that's the real end.

"Bell bell bell..."

The phone rang again.

This time, what kind of bad news will it be?

Sonny picked up the phone weakly.

"I'm Sonny. ”

"Oh no, Governor. Commerce Minister Nava has just submitted his resignation, and the Prime Minister's Office has agreed. Hey, Governor, are you listening..."

“...”

Sonny closed his eyes weakly.

He knew that Thailand was finished.

Now they are fighting fiercely with the enemy, but the generals on their side have run away one by one.

How can this battle be won?

Hehe...

I'm not afraid of wolf-like opponents, I'm afraid of pig-like teammates.

。 m.