Because of Liu Cheng, the atmosphere of 309 has become weird, and Chen Zier, who doesn't like to nest in the dormitory, stays in the dormitory even less. If it weren't for the fear of trouble on vacation soon, Chen Zier would have to rent a house outside.

May is coming to an end, the semester is coming to an end, and the pressure of exams is gradually increasing.

Robert, an exchange student at Stanford, came to Chan and said, "My days at CUHK are coming to an end. I hope you will come to Stanford and we will see you again at Stanford. ”

Chen Zier agreed to his invitation and said that he would definitely go. In fact, he has recently thought about exchange students, it is not bad to change the environment in his sophomore year, Stanford is very good, Silicon Valley is there, and he can catch a few future billionaires in advance.

But people don't seem to offer transportation majors. Chen Zier didn't want to go to other schools, so he didn't want to go.

And it wasn't until the moment Robert said this sentence that Chen Zier realized that his freshman year was coming to an end.

The second year of rebirth is much faster than the first, and I can't even feel the flow of time, and I am almost a sophomore in a blink of an eye.

This year, he made a lot of money and met many people, and even the three words Chen Zier became special in the eyes of the people around him.

Reshaping his life, he got off to a good start.

~~~

When preparing for the end of the semester, Sheng Qianyu fulfilled her promise, and Chen Zier's high math preparation was much better than that at the end of last semester.

Although this exam was taken together with the content of the previous semester, although Chen Zier had already returned it to the teacher, fortunately, Sheng Qianyu still remembered that she helped a lot, and Chen Zier saved a lot of time and avoided a lot of suffering.

Idle, Chen Zier began to pay attention to the financial turmoil in Southeast Asia, and he did not remember many details, but one thing was clear. Because the timing is interesting:

On July 1, Hong Kong returned.

On 2 July, Thailand officially abolished the fixed exchange rate system, and the Asian financial crisis broke out.

In his previous life, Chen Zier was thinking, is this 'celebratory gift' from God a bit excessive? Is this a test for the central government?

On July 2, the Thai baht fell by 20 percent, from 1:24 to 1:32.6 against the US dollar, and then fell into a slump all the way, and the exchange rate against the US dollar fell to 1:55 at the most exaggerated time, and the entire Thai national wealth was lost by 20 percent, and the vast majority of the middle class was looted!

Will Chen Zier miss this opportunity?

Of course not, there will be no more wealth and no less, and if Thailand is less, it will be taken away by international speculators.

So Chen Zier has already started to apply for a pass to Xiangjiang. A trip to this Asian financial center, on the one hand, is to witness her return, and more importantly, to make money, and to make a lot of money.

But his funds are all in the accounts of domestic banks, and if you want to spend these yuan, no one will stop you, but if you want to turn them into dollars and spend them, the matter will come.

In fact, the state has been controlling foreign exchange for many years, until 20 years later, Chen Zier once went to the bank to exchange dollars, and the exchange was only 10 dollars, but the people at the bank had to ask clearly, what are you exchanging dollars for? Why do you want to exchange them?

Of course, in the end, Chen Zier still changed, but this was 20 years ago, and it definitely won't be so easy.

And what Chen Zier exchanged this time was not ten dollars, but one million.

In '97, the average renminbi against the dollar was about 1:8.2, and Chen Ziyi's money in the stock market was worth a little more than a million dollars.

In this matter, I still have to find Xue Bohua to think about it.

Lao Xue didn't care too much when he heard that Chen Zier wanted to exchange dollars, so he asked, "What do you want dollars for?"

"It's a holiday soon, and I'm going abroad to play. As a result, the bank didn't give me a change. ”

"Oh, how much do you want?"

"A million. ”

Xue Bohua was drinking water, squirting it out, and asked in surprise, "How much?"

Chen Zier said: "One million." ”

"Dollars?"

"Dollars. ”

He knew that Xue Bohua would be surprised by this number, but if you want someone to help, you must tell someone how many dollars you want.

Xue Bohua felt that Chen Zier was talking nonsense, he knew about Chen Zier's background, where did he get so much money?

"Are you kidding?"

Chen Zier is very serious, "I'm not joking at all, it's June 14 today, and I urgently need to exchange $1 million within 20 days." ”

"No, where did you get that big money?"

Chen Zier still told the truth, "You, a person who thinks about doing business every day, don't you pay attention to the domestic stock market? Last year's big bull market, do you know?"

Xue Bohua nodded, he knew about this, the central government had said it many times, and he was impressed.

"You mean you made your money from the stock market, and where did you get your principal?"

Chen Zier didn't want to explain in detail, and said, "$1 million, okay or not?"

Xue Bohua nodded and said, "Okay, yes, but what do you want so many dollars for?"

Chen Zier is still frank, "I think the exchange rate of the Thai baht is very unstable, and it may plummet in the near future, and I want to short it." ”

Xue Bohua was confused when he listened, "What to do?"

"Shorting is to predict that the Thai baht will depreciate and act accordingly to make a profit. ”

Xue Bohua looked at Chen Zier, showing a look of disbelief, and then said with a smile: "Do you know what you want to do?"

Chen Zier vomited blood, "I know exactly what I want to do, but you may not know what I'm going to do." ”

Then he said, "This is the matter, and when you have time, we will do it." ”

Xue Bohua wanted to stop him and ask carefully, but Chen Zier walked resolutely and did not stop him. After thinking about it, Xue Bohua felt that this matter was a little strange, he Chen Zier was a person who studied transportation, and the theory of doing business was just the Tao, and now he had to get it to Thailand.

In the evening, Xue Bohua took time to return home.

This is about a million dollars, and he also regards Chen Zier as his friend, and he is really uncomfortable if he doesn't figure it out.

He found his father, Xue Li, the executive deputy mayor who was calling for wind and rain in Zhonghai.

Xue Li has been in politics for more than 20 years, and has been in charge of Zhonghai's urban planning and economic construction, and has a very strong foundation in economic academics, which is why Xue Bohua came to him.

Xue Li is very upright and has a strict family education, which may be the reason why Xue Bohua did not fail to learn and learn, and the Department of Philosophy of CUHK was indeed admitted by him with his strength.

In his dealings with Chen Zier and Sun Hong, he did not have a superior posture, which was indeed related to a good family education and his father's example of example.

"Why do you have time to come back tonight? Didn't you talk about the exam last time?" Xue Li, like his son, wore a small rimless glasses, dark skin, and many wrinkles at the corners of his eyes.

Xue Bohua respected his father very much, he went into the study and sat opposite his father, and said, "There is something I want to ask you for advice." ”

Xue Li appreciated his son's inquiring attitude, but he still said, "Why are you in such a hurry to come back?"

Xue Bohua has always been straight to the point, and this is the case with Chen Zier, and the same is true with his own father.

He said: "I have a classmate who judged that the exchange rate of the Thai baht was unstable and wanted to short the Thai baht. ”

Xue Li frowned, he was a person who did practical things, and he didn't look down on the wealth obtained by relying on capital operation.

Xue continued: "It looks like he trusts his judgment and is going to do it, and he's ready to put a million dollars into it. ”

Xue Li's eyelids blinked, "What classmate of yours has so much money?"

This question is also strange to Xue Bohua, "Because of some things before, I checked his background, and the family didn't have much money, and according to his own words, he made it in the stock market last year." ”

Xue Li thought for a while: financial genius?

No, maybe the blind cat is holding a dead mouse, this time it's a newborn calf who is not afraid of tigers and wants to do it again?

Xue Bohua finally threw out his own question, "You are in economic work, he said that the exchange rate of the Thai baht is unstable, I want to know whether it is reliable to short the Thai baht?"

Xue Li also put away his contemptuous heart and said, "You asked me if I was reliable, how did I know, but the exchange rate of the Thai baht is unstable, it is indeed true." Thailand's own economy is indeed a bit of a bubble, but economic things are too hard to say, and any small factor can cause a domino effect. ”

Xue Bohua muttered, "That means that what he said is right. ”

Xue Li disagrees: "Yes, yes, but this is not a new view, as early as 1994, an economist named Paul Krugman had already attacked the "so-called economic miracle of Southeast Asia". He believes that economic growth in East Asia is the result of a long period of increased capital input. However, the growth in total factor productivity was actually minimal. He argues that only growth in total factor productivity can lead to long-term prosperity, not capital input. I basically agree with him that it is not easy for Thailand's economy to do well. ”

Xue Bohua studied philosophy and couldn't understand such a professional vocabulary.

Xue Li explained: "That is to say, there is a little problem with Thailand's own economy, and the Thai baht has not been very stable recently, but you publish an academic article to discuss it and take real money to speculate on the Thai baht is not the same concept, in short, if you just write an article, we can talk about the possibility of problems with the Thai baht in the future, but it is different to speculate on the Thai baht, for example, when will the Thai baht have problems in the future? How big is the problem? In a specific trading day, is it up or down? This requires a rough idea of what you can't predict. ”

"So, I don't think I can fry. ”

Xue Bohua remembered Chen Zier's expression when he said this, and said puzzledly: "If it is really a completely unpredictable thing, then why does he look confident?"

Xue Li was also silent, that was a million dollars! a huge amount of money.

In the end, he disagreed, saying, "If he is your friend, you better advise him to act cautiously." No one can predict the future, so don't be too confident. Especially in a place as rapidly changing as the foreign exchange market, the factors that determine the exponential growth of the future are beyond human intuition. ”

Xue Bohua nodded, but he really didn't have much confidence in persuading Chen Zier.