Chapter 41: The Struggle of Confusion
Quantum Fund Headquarters.
Soros stroked his chin as he browsed the data from the economic survey report that his subordinates had brought back from Thailand.
He looked very carefully and carefully.
According to the analysis report of the survey, Thailand's economy has reached its limit, and the depreciation of the Thai baht can no longer be avoided.
After reading all the reports, page by page, Soros fell into deep thought.
There is excitement, and there is pain.
Under those old eyes, there seemed to be a chaotic struggle.
As early as 1994, after studying the economy of Southeast Asia, the Quantum Fund team found a serious loophole in the rapid growth of Southeast Asia's economy.
Take Thailand, for example.
Under Thailand's economic development, Thailand is too dependent on foreign trade exports from labor-intensive industries, and more than half of its economic growth comes from Japan.
In 1984, the Bank of Thailand began to implement a fixed exchange rate system pegged to a basket of currencies, and for a long time, 1 US dollar was fixed to 25 baht.
However, in terms of the proportion of foreign exchange, the proportion of the US dollar exceeds 80%.
This makes the value of the US dollar very influential against the Thai baht.
In order to promote economic development, Thailand opened up its capital account prematurely and established a financial trading center with a high degree of freedom.
Although this can attract a large amount of international capital to Thailand, it is mostly short-term capital.
Almost all of this speculative capital has poured into Thailand's stock market and real estate industry.
All of this is in Soros's eyes, and there are holes almost everywhere.
There is no progress in knowledge, no technological innovation, and a lack of sound and effective systems.
Thailand's economic development is driven entirely by large-scale capital.
Under the seemingly magnificent building, there are all holes and holes, like a castle in the sky.
Like Thailand, the rest of Southeast Asia is facing the same problem.
Under the rapid development of the economy, it is like a straw that is fueled by pulling out seedlings.
Collapse is only a matter of time.
Soros believes that the currencies of these Southeast Asian countries are overvalued and will depreciate sooner or later.
As the top head of a hedge fund, his role is to help clients achieve a return on their investments.
As long as there is an opportunity to burst these currencies at a tipping point, it can bring large returns to the fund for its clients.
However, Soros has not yet made up his mind to pay the last attention.
He didn't know if he was right or wrong to do so.
Soros is Jewish.
Born on August 12, 1930 in Budapest, Hungary.
His father was a lawyer and his mother was the daughter of a wealthy local businessman.
That is, the legendary Bai Fumei.
However, Soros's father is somewhat strange.
He's smart, but he's a bit lazy.
So it stands to reason that he should be very rich in the lawyer industry, but because his father is not self-motivated, he has to get by, so the family is not rich.
It's not that all men want to conquer the world.
Soros's father, although not motivated, is a good father.
George Sr. spent all his energy on spending time with his children.
When Soros was very young, his father told him stories all day long, and in Soros's eyes, his father genuinely regarded him as a friend.
No matter what childish questions Soros asked, his father answered patiently.
Soros found out at that time that his father would rather accompany him to tell stories than go to work, and Soros Ha was innocent at that time, and he thought that his father liked to talk to him.
People will always grow up.
After going to school, Soros demanded more.
One moment he wanted to go to the playground, another he wanted to go on an outing, another he wanted to buy something, and his father always tried to satisfy him.
It was only later that he found that he had no money in his pocket, so old George made a bad move.
George Sr. asked the child Soros to borrow money himself.
Soros felt embarrassed that his relatives and friends were all Jews, and he borrowed money from Jews...
That's no less than pulling out the teeth of a Jew.
The contempt he received when borrowing money, Soros experienced since childhood.
He didn't understand why his father asked him to borrow money and then use the borrowed money to take him around to play.
He had also asked his father.
Why don't you do more work so that we have money and don't have to ask others to borrow it?
That's how old George replied.
Money is a burden, and with money, people become weak.
Soros also has an older brother named Paul.
Two boys are at home, and it is inevitable to fight and grab things.
Soros is often bullied by his brother because of his small size.
When he went out, if Soros was bullied by other children, his brother would never help him, and sometimes his brother would repair him in front of outsiders, which made Soros feel very wronged, so he went to find his father who loved him the most.
At this time, Dad will listen to him very carefully and then ......
And then there is.
Old George would not say a word of justice, let alone punish his brother.
Since there is no one to support him, Soros has understood since he was a child that he has to rely on himself for everything.
In addition to having a good father, Soros also has a good mother.
Although his mother was born in Bai Fumei, she was sad after marrying a husband who didn't like to work, so she had to work all day long to worry about her livelihood.
No matter how bad the conditions were, the mother worked hard to make sure that her two sons did not starve and freeze.
His mother's diligence and love also had a great impact on Soros, so even if he made all the countries in Europe restless, he still used a lot of money to do charity.
This is the happiest time of Soros's life.
Afterward......
War broke out.
Because of his own experience, Soros hates poverty.
His motto was that you must not die with nothing left in your coffin.
But because of his experience, he hated bullying the weak and hated war.
No one would have thought that Soros, who once made all European countries fearful like snakes and scorpions and was regarded as a cold-blooded crocodile, would hesitate.
In the office, Soros stroked his chin and fell into a daze.
His eyes were cold for a while, and then he struggled violently.
For Soros, attacking Britain and Sweden.
While taxpayers in these countries will still suffer, these countries already enjoy far too much of the benefits that outweigh those of residents of developing countries.
Since their central bank has made a mistake, it is right to bear the cost.
But now, he wants to wage an economic war against a weak country.
If the Quantum Fund's currency war against Southeast Asian countries succeeds, millions of ordinary people will be plunged into unemployment and extreme poverty.
That's not what Soros wants to do.
For him, this is a moral issue.
No, no, no.
The significance of currency speculation is to remind governments of the need for change.
The Thai baht needs to be devalued, and if the government and the central bank can choose to depreciate on their own initiative, suffering will be avoided for ordinary people.
The longer the government drags on, the more severe and brutal the eventual monetary collapse disaster will be.
Once their foreign exchange reserves are depleted, there is no room for a slowdown in the economic crisis caused by capital flight.
At that time, more ordinary people will be living in perpetual poverty and misery.
I'm helping them, and it's to save more people.
Long-term pain is better than short-term pain, and only by allowing them to discover their own problems can they develop healthier.
I didn't do anything wrong......
…..
Lusaka.
Darkwater International Temporary Office.
Like an angry gorilla, Ghaat Modi roared at He Tianya.
"You guys are robbing, the Lunmwana copper mine has 102 million tons of reserves, all of which are 1.1 percent high-grade ore.
Equinox was willing to mine for $100 million, and it's worth $100 million, you know. ”
"Mr. Secretary of Defense, the $100 million you mentioned was before, and now, I think this copper mine is only worth $2 million, which is not enough to pay for our employment. ”
After Modi and He Tianya met, they made their intentions clear without too much politeness.
On behalf of the Chiluba government, he formally offered to Darkwater International for an offer.
Everything was as Chiluba had guessed.
International mercenaries really do things as long as they give money.
Darkwater International did not hesitate, and immediately agreed to Modi's request, and promised to help the Chiluba government forces defeat David's rebels once and for all.
This made Modi secretly relieved.
However, when the payment was proposed, there was a serious dispute between the two parties.
Hesitating, international copper prices continue to be sluggish and weakening, and the Chiluba government's finances are struggling to make ends meet.
Previously, the Chiluba government had spent a significant amount of money to maintain the lives of the population.
So the Chiluba government, at the moment, does not have much liquidity.
In addition, it has to maintain the dominance of the government, and it will continue to purchase food from other countries to maintain the people's livelihood.
This has forced the Chiluba government to use its foreign exchange reserves carefully.
For a combination of reasons, the Chiluba government wants to use the unmined Lunmwana copper mine as collateral to pay Darkwater's commissions.
This is a copper mine with excellent reserves and taste.
Based on the stock price of a long time ago, the copper mine was valued at about $100 million.
The employment price negotiated between Modi and He Tianya is $20 million.
A one-year employment contract that can be terminated early if David's rebels can be defeated early.
There is no objection from either side to this.
However, when Modi proposed to use the Lunmwana copper mine as an employment fee, he was mercilessly ridiculed.
The value of 100 million US dollars was cut alive and only one-fiftieth was left.
This made Modi furious.
These damn wild dogs.
If it were possible, Modi would really want to shoot He Tianya's head with one shot.
It's just that now he has a request for others, and he can only forcibly suppress the urge to kill.
"Distinguished Mr. Commander, I have come to discuss business with you with the most sincere attitude, and I hope you can show true sincerity.
The value of the Lunmwana copper mine, I think you should also understand, if it is not really impossible, we will never use it as collateral. ”
What a stupid gorilla.
If you don't kill you as stupidly, you will be just as stupid as you.
If I didn't know that you couldn't help it, how could I take advantage of the fire?
In terms of black heart, He Tianya was deeply infected by Zhao Jiangchuan, and he had already reached the point of superiority.
In Modi's unwillingness, He Tianya grinned and showed a mouthful of white eyes.
It's exactly the same as Zhao Jiangchuan's treacherous virtue.
He scoffed.
"Your Excellency, I certainly understand the value of the Lunmwana Copper Mine, and we are willing to accept your offer of employment.
However, even you yourself say that it was the value of the past, and now that your regime is in serious chaos, who would dare to come here to mine copper.
We have the copper ore in our hands, and it is still a question whether we can sell it.
So I think it's only worth two million dollars right now. ”
"No, our rule will be restored immediately, and as long as David's rebels are defeated, the Lunmwana copper mine will still be worth 100 million dollars. ”
。 m.