Chapter Forty-Seven: The Rolling Tide Under the General Trend

Singapore.

Jushi Capital Trading Division.

Liu Qiang took the phone and was stunned.

Boss, it's striking again.

After understanding the meaning of this message, Liu Qiang, like George King, began to have a big head.

"Wait for the news from George King's side, after the news comes, I want you to completely defeat the Thai baht within three days, and you must blow up the Bank of Thailand in the shortest possible time. ”

Thinking of this sentence, Liu Qiang's scalp was numb like an ant on a hot pot.

What to do in case of an accident!

What if Thailand fights back strongly!

What if I can't!

Liu Qiang began to panic.

After confirming from George King that his boss was on strike again, Liu Qiang panicked as if he had lost his backbone.

Can I complete such an important task?

I can!

I can't......

Defeat the Thai baht and blow up the Bank of Thailand.

This is an attack on a sovereign state.

The huge psychological pressure made Liu Qiang unable to take action.

He always thought he could compete at any level.

But when it came to the end, he realized that he might not be able to do it.

In the contest against a country's currency, it is the entire country's think tank team that has to be faced.

Behind the Bank of Thailand is the top professional level talent in Thailand's financial sector.

The market is full of uncertainties.

Once the Thai side organizes a strong counterattack, no one knows what will happen.

In the past, every attack of Jushi Capital was also completed by Liu Qiang.

However, behind the tactical actions, there is always a complete strategic deployment and offensive retreat strategy.

But this time.

Nothing.

There is no help to ask for when you encounter a problem, there is no command to get when you have an accident, and there is no Optimus Pillar that is like a needle of the sea.

Boss.

What am I going to do!

"Liu, are you listening?"

Under George King's inquiry, Liu Qiang couldn't help but clench his fists to stabilize his panicked mind.

I can.

I'll definitely be able to.

Excitement and nervousness made Liu Qiang's hands tremble slightly.

"Whew..."

After a few deep breaths, Liu Qiang's heartbeat gradually calmed down.

He asked.

"George. Did the boss explain anything else to you? ”

"Liu, I'm sorry. Nothing else but let me inform you that there is nothing else. But don't worry, I'll be with you at any time. ”

"I know. But what if something happens..."

"Liu. Are you nervous?"

"George, this is attacking a country, aren't you nervous at all?"

"Oh, you don't have to be nervous. Let me tell you a story. I used to be nervous every time I faced an exam question, and I was so nervous that my stomach hurt. Nervous about reading, nervous about job interviews. But then I stopped being nervous, because I realized that being nervous didn't help at all, and it didn't do anything other than make things worse. ”

Liu Qiang was silent.

After a moment, he spoke.

"George, thank you!"

"Don't thank me. Liu, get ready for the most important exam of your life, come on!"

“......”

......

Southeast Asia Economic Weekly, a newspaper company owned by News Corp.

Due to its professional and rational analytical attitude in finance and economics, the weekly has been highly praised in Southeast Asian countries.

February 15th.

It was the day of the publication of the Southeast Asian Weekly.

The Impact of Fed Rate Cuts on Emerging Markets

Since the second half of last year, the Fed has cut interest rates by a total of 1 percent basis points.

Stimulated by interest rate cuts, the U.S. economy began to recover.

The U.S. stock market has reached a new high, and the real estate industry has also begun to stabilize and rise.

According to the latest statistics, the US home price index climbed by 0.69 basis points.

The dollar also climbed from the previous year's low of 77.285 to 97.389.

As the dollar continues to strengthen, massive hot money flows into the United States.

But this will inevitably put a lot of pressure on emerging market countries.

The U.S. dollar rose again after a short-term correction, and national currencies came under pressure, with the yen falling nearly 1.5 percent intraday yesterday.

As Asia's largest economy, the yen's decline is bound to shift the pressure on the rest of the region.

This is because Japan's industrial, electronics, and automobile manufacturing industries are very strong in Asia and even in the world.

With a weaker yen, Japanese products will quickly encroach on more markets.

Therefore, in the face of the weakening of the yen, the trade balance of many countries will be tilted again, and the national currencies of emerging market countries will also face great pressure.

Take Thailand, for example.

In the first half of the month, during the consolidation phase of the dollar, the Thai baht rebounded by almost 10 percent.

But after the dollar correction is over, the value of the baht is likely to remain overvalued.

Thailand's main debt target is Japan.

With the weakening of the yen, Japanese conglomerates and commercial banks are bound to shrink their overseas capital investment, which is particularly unfavorable to Thailand, which is developing by attracting overseas capital.

According to sources.

Toyota, Sumitomo Rubber Co., Ltd., and Suzuki Motor Co., all subsidiaries of Japan's Mitsui Group, will fully divest from Thailand.

This is no less than a blow to Thailand, which has just stabilized the situation.

A Sumitomo Bank executive, who did not want to be named, said that in order to avoid Sumitomo suffering greater losses in Thailand, it will stop the credit line to Thailand and hope to recover the 30 billion yen credit loan to Thailand as soon as possible.

With Thailand's current overseas debt, once the credit loans in all aspects are contracted, the Thai baht will face even greater pressure.

Hong Kong Telecom, founded in 1956, was acquired by Star Media in 1995.

The telecommunications message has a wide audience in Hong Kong.

News from the Thai side.

Due to the corruption scandal of former Prime Minister Chawalit, under pressure, Chawalit officially resigned a week ago.

Thailand's new prime minister, Seni Bhamo, will take office in a week's time.

Seni Bhamo is a Democrat.

Regarding Seni Bhamo's appointment, people from all walks of life in Thailand have different opinions on this.

The famous Thai economist Bawang Kenlai said.

Seni Bhamo knows nothing about economics, and his successor represents only the interests of the Democratic Party.

Thailand now needs a prime minister who is well-versed in economics and finance, but Seni Bhamo is not up to the task of today's prime minister in a civilian government.

The Free Thai Movement also organised a mass protest.

There is a back-and-down operation in protesting against the election of the prime minister.

said the leader of the Free Thai Movement.

In the current election for prime minister, he received a number of letters indicating that Seni Bhamo had come to power only to represent the interests of the democratic parties.

He called on the Thai side to openly re-hold the elections.

Bangkok.

Headquarters of the Bank of Thailand.

In the president's office, Sonny looked at the newspaper on the table with gloomy eyes.

Almost every newspaper has deliberately or unintentionally debunked something that is covered up by the Thai side.

What is even more irritating is that some unscrupulous media have directly written some unscrupulous things to maliciously damage Thailand's image.

As the governor of a country's central bank, Sonny keenly sensed the smell of conspiracy.

But there's nothing Sonny can do about it.

The relationship between the media in the country is complicated, and the continued fermentation of the Chawarit scandal is clearly the result of a multi-party struggle between the Democratic Party, the military, and the Free Thai Movement.

He, the central banker, simply can't get involved.

As for the overseas media, he is not even qualified to intervene.

"These damn things.

When is it now, there is still a battle between the open and the dark.

Damn!"

Sonny slapped the table hard to vent his frustration.

But eventually, Sonny fell silent again.

Because he knew that no matter how annoyed he was, he couldn't change anything.

Under the general trend, even if he is the governor of a country, he is just a drop of water that cannot control himself in the rolling tide.

"Today, I, Li Cannon, would rather be pointed out by a thousand people, and I have to say a word.

Thailand is a country of tens of millions of people.

Although the Thai baht is inevitably declining under the fundamentals, when it comes to the lives of tens of millions of people, I sincerely appeal to all sectors of capital to give the Thai government more time.

It can also give more time to the Thai people.

If the Thai baht is lost again, Thailand will become a hell on earth.

Millions of people may lose their jobs as a result, and hundreds of thousands of people may not be able to afford daily necessities, so I appeal to everyone not to short the baht.....

Southeast Asia Economic Channel.

Li Dacang, chief analyst at Jushi Capital, gave a one-star rating to Thai Baht after analyzing Thailand's fundamentals.

This is a bearish rating.

However, after Li Dacang gave Thailand and the baht credit rating, he still called for capital from all walks of life to give Thailand more time to adjust its own problems.

Li Dacang's attitude was very sincere, so sincere that he almost believed it.

Therefore, some people couldn't help but scold their mother.

Singapore.

Jushi Capital Trading Department.

Liu Qiang looked at Li Dacang, who was talking from the bottom of his heart on the TV, and scolded viciously.

"This thing is really not a thing. ”