Chapter Seventy-One: Damn! Lao Tzu was almost wrong
The bar was very harmonious all night, and it was not like other online novels, as long as the protagonist came to the bar to play, he would definitely fight with the villain for the heroine or something, which made Lin Cheng fall into deep self-doubt: "It seems that I am destined to be a passer-by, even if I am reborn, I am not the protagonist, otherwise why didn't the law of conflict between the protagonist and the bar happen to me?"
As soon as this idea appeared, Lin Cheng immediately fell into an inexplicable melancholy, and he was always listless when he went home, and he didn't even feel good about his favorite food and sleep.
However, this sense of decadence came and went quickly, as the TV and newspapers continued to exaggerate the great significance of Jiuqi Xiangjiang's return to the motherland, Lin Cheng finally remembered that the second day of the return, that is, on July 2nd, the Asian financial crisis was about to break out completely.
Lao Tzu almost made a mistake of 100 million US dollars, and actually forgot all the Asian financial turmoil in which the protagonist of the rebirth text slaughtered all sides and looted tens of billions of US dollars, although Lao Tzu is not like the protagonist of the novel, how can he make one or two hundred million US dollars by following Soros's ass? With one or two hundred million US dollars, Lao Tzu's net worth is at least one billion when converted into RMB, which is enough for Lao Tzu to call for wind and rain in Qingjiang and buy all the state-owned enterprises on the verge of bankruptcy! Lin Cheng fantasized ecstatically in his heart, and the corners of his mouth showed a few silver threads unconsciously.
Lin Cheng had been poor for a long time in his previous life, and he deeply realized how painful it was for a man to have no money, which led him to have an incomparable obsession with money after returning from rebirth.
The Asian financial turmoil is undoubtedly a painful memory for most Asian people, but for Lin Cheng, a reborn who clearly knows the historical trend of the Asian financial crisis, it is a good opportunity to make a fortune that must not be missed.
Lin Cheng calculated the funds he had, and after selling the gold, he originally had a net worth of 32 million, but then he spent 4 million to buy a private house, 4 million to Li Muzhen to establish a sincere investment company, and 8 million to Daifuku Real Estate to solve the bankruptcy crisis of his father's real estate company, so that he was left with 16 million in the bank.
However, after the successful sale of the Daifuku Real Estate real estate, Lin Furong transferred back 16 million to Lin Cheng's bank account, so Lin Cheng's funds still had 32 million in cash after turning around.
Such a large amount of cash flow is enough for him to go to Xiangjiang to break through.
Now it's June 29th, and there are still two or three days before the outbreak of the Asian financial crisis, and I still have a chance to step in, although the time is a little late, and I can't eat any fat before the layout is launched, but I can drink some soup behind Soros!
Lin Cheng knows that 1997 is a very important year in history, and in this year, many far-reaching major events have taken place in both China and the world.
The past 19 February was a day of common sorrow for the whole country of China, and the unfortunate death of the second generation of comrades of our country on this day failed to fulfill his last wish to go to the land of Xiangjiang to take a walk and have a look.
On 1 July, Xiangjiang, which had been separated from the embrace of the motherland for 155 years, officially returned to the motherland, and the return of Xiangjiang was a moment that brought tears to the eyes of hundreds of millions of Chinese sons and daughters; the return of Xiangjiang was a moment that made all Chinese descendants happy, and this day will be a great day for the whole country of China to celebrate.
However, no one in China could have imagined that the Asian financial crisis, which dealt a major blow to the entire financial and stock markets of Xiangjiang, began on the second day of the handover, and after sweeping the whole of Southeast Asia, it landed on Xiangjiang Island in the golden autumn of October.
As early as January this year, international speculators led by George Soros began to attack the long-coveted Southeast Asian financial market, and began to sell the Thai baht and buy US dollars, causing the Thai baht to plummet.
The purpose of Soros is very clear: to disrupt the financial markets of Southeast Asia in order to fish in troubled waters and make a profit. However, the chaotic and out-of-control management of real estate, foreign exchange reserves, and financial markets in some Southeast Asian countries has provided speculators with a once-in-a-lifetime opportunity.
Eating persimmons and picking soft ones, Soros's wishful thinking is: first start with Thailand, Indonesia, the Philippines, and Malaysia, which are the most vulnerable, and then disrupt the Asian "four tigers" Singapore, South Korea, and China's treasure islands, and finally capture Xiangjiang, in order to create their invincible impression, crush market confidence, and trigger the "flock of sheep" mentality.
Soros believes that as long as one country's financial market is crushed, others will inevitably fall one after another, which is the so-called "domino" effect. Thailand has become the first target.
In the past May, international currency speculators began to sell the baht aggressively, and the exchange rate against the US dollar fell sharply. In the face of the aggressive attack of speculators, the Bank of Thailand and the Bank of Singapore joined forces to enter the market in a three-pronged attempt to defend the baht's position, using $12 billion to absorb the baht, prohibiting local banks from lending the baht to offshore speculators, and sharply raising interest rates.
In response, international currency speculators have launched a strong counterattack, and they have only one trick: to raise funds and throw the Thai baht. Soros began to advance steadily.
At the same time, the depreciation of the Thai baht has been wave after wave, and the exchange rate of the Thai baht against the US dollar has repeatedly hit new lows. The Thai government was forced to hand over the seal, and the Thai government's move was like dropping a bombshell on the rough lake, and the Philippines became a victim, and the peso exchange rate began to fluctuate sharply.
The gloomy death of Anlei Wilawang did not prevent the Thai baht from losing steadily. In June, speculators began selling US Treasury bonds to raise funds and strike another fatal blow at the Thai baht. The Bank of Thailand fought back. At that time, the people were panicked, everyone was in danger, and all kinds of shortcomings under the cover of the peaceful and prosperous era were exposed one by one.
Lin Cheng knew that when the Bank of Thailand was forced to announce the implementation of a floating exchange rate system on 2 July, abandoning the 13-year-old exchange rate system in which the Thai baht was pegged to the US dollar, the Asian financial crisis was out of control, sweeping all the way from Southeast Asia to a huge storm that swallowed up the innumerable wealth of the Asian people.
On the other hand, because China did not join the WTO system and had huge foreign exchange reserves, not only did it not suffer much, but when the Xiangjiang stock market was about to collapse, it fished out Xiangjiang and attacked Soros against them, making the invincible Soros fall into a small fight.