Chapter 1125: Prologue to the Financial Crisis

Soros and the others have been busy in the UK recently after looting a large number of currencies such as the Thai baht and the Malaysian ringgit held by banking institutions operating offshore business in the United States. Pen × fun × Pavilion www. biquge。 info

This is also the reason why Mr. Friedman asked Han Xuan why he didn't go with them as soon as they met.

It's not that Han Xuan is not valued in that underground organization, but because he doesn't want to get involved too much, Soros and others are notorious venture capitalists, bankers, and so on.

But Han Xuan's career is not only limited to the financial industry, in fact, the entity is his main business, his reputation has been ruined, and he can't be washed away for the rest of his life, and it's not worth it to bear such a bad reputation.

So this time, he only used the anonymous shell company established in the Maldives and the large financial companies he had cooperated with to do something in Southeast Asia, except for the money that was his, it was difficult to directly contact Han Xuan in other aspects.

At that time, the British pound used to be the "boss", and after the establishment of the Bretton Woods system after World War II, an international monetary system centered on the US dollar was formed.

Most of the world's currencies today are pegged to the US dollar, and they can only circulate in a small area, and there is no way to globalize.

When the dollar rises, they go up, and when the dollar falls, they go down.

At that time, the Mexican currency, the peso, was also directly linked to the US dollar, but the local government died by announcing that the exchange rate was free to float, which gave Han Xuan an opportunity to successfully bring down the Mexican financial system.

As his horizons broadened, Han Xuan gradually knew some inside stories, such as the decision made by the new president of Mexico who took office at that time was too brain-dead and too hasty.

Trump joked last year that the Mexican president had also come to the company to buy a house, which made Han Xuan smell a bit of conspiracy and doubt the president's source of funds.

Millions of dollars is not a small amount, and perhaps someone arranged for him to do that, selling the country and getting a large reward as a reward.

When you think about it this way, it seems to make sense, the world is really complicated......

In Mexico, thanks to the decision of the new government, the operation was very simple, and the most critical "free floating" government helped to solve it.

It's like a woman who is stripped naked, facing countless big men with a big shape, coughing ...... All that's left is the question of "how can I make more money?"

Comparatively speaking, it is much more difficult to carry out man-made crises in various countries in Southeast Asia.

Because they still have a currency pegged to the dollar, and it is facing many countries at once.

Therefore, the first batch of funds used by Soros and others was as high as 10 billion US dollars, of which Han Xuan alone contributed 2 billion.

In addition to the small-scale attacks on the spot market that are now underway, and the establishment of a sizable number of shorts on forward forex trading, everything is ready for the right time.

Compared to those countries, China is relatively safe.

Soros has never thought of making money from it, because the yuan is not yet freely convertible.

If domestic residents want to use foreign currency, they can only exchange it from the foreign exchange office, and the amount of money that can be exchanged is very small, and people generally trade on the black market.

At that time, when Han Xuan was in China, he had read the news in the newspaper that he had been arrested for reselling foreign exchange, and those who were bold, had access to the road, or had overseas connections could directly exchange RMB for US dollars from the foreign exchange administration.

In 1993, the official exchange rate of the renminbi against the US dollar was about 5.8 to 1, and the black market exchange rate was around 11 to 15 to 1, which was basically double the profit.

It is impossible for international travel capital to enter, not to mention that China's foreign exchange reserves now exceed 100 billion US dollars, and there is nowhere to go for this hard bone.

The impending crisis is a once-in-a-lifetime opportunity for China, which is also in eastern Asia.

After ten years of sharpening the sword, China's infrastructure, especially in the coastal areas, has almost been built, at least not so badly.

When the crisis breaks out at the same time between the Four Little Dragons and the Four Little Tigers, it will inevitably lead to the withdrawal of a large number of international funds from them, and Huaxia is the best place for these funds.

What's more, the labor cost of China is still low, which is the favorite of international businessmen, and after this crisis passes, the golden age of China's development will come......

Han Xuan took the water ladle and poured some water on the stone that burned to red, and the water vapor in the sweat room became even richer.

He continued: "In recent years, Thailand's economic development has slowed down, and a large number of foreign investors have entered the real estate and stock market markets, causing quite a bubble.

Now Thailand's domestic contradictions are quite serious, the market size of hot money is at least more than one trillion US dollars, we only need to make a fuse, and that powder keg will explode. ”

"Well, the Thai side already knew that we would be the first to make a move on it, and there are so many shorts in the forward foreign exchange market that it is impossible not to be detected," Frederick said.

Last week, my boss received a warning from the Thai government, but ignore them, there are tens of millions of people around the world who want my boss's life.

This time he asked me to come to you to talk about the issue of money, although there is a large number of international investors behind us, ready to do it together, but if we want to quickly collapse the financial market in Thailand, this money may not be enough.

In case you didn't know, Japan, Singapore, the Philippines, South Korea, Malaysia and other countries are already preparing to withdraw funds to help Thailand, which means that the pressure on us may be greater than previously anticipated. ”

Soros has been thinking about his wallet, and Han Xuan knows this clearly, but in this matter, he should not be lying.

In February this year, they borrowed up to $15 billion in forward baht contracts from Thai banks and then sold them in the spot market, causing financial turmoil across Southeast Asia.

The Thai government spent $2 billion to quell the temptation, and since then they have known that there are people who are planning to do something to their country's financial markets.

Since mid-May, the two sides have been tentative, and more and more frequent.

The time of the crisis seems to be a little delayed compared to the previous life, this is a normal butterfly effect, and there has been no real attack recently, Han Xuan is waiting for Soros to make a move.

He said to Friedman: "I have dismantled two billion dollars to your boss, and I have borrowed three billion baht with another three billion dollars, and five times the leverage requires a margin, and I can't use that money for the time being."

If I take out a loan now, it will take some time, and the company is already very indebted, and my grandfather will not agree......"

This is clearly a reason to refuse.

Just kidding, Han Xuan's company shares can get a large amount of money from East West Bank, or several banks in the Maldives, at any time.

I was already fooled last time, and I was already very reluctant to lend Soros two billion dollars this time, how could I borrow more.

You must know that all this money can be profitable, and when you lend it to Soros, you only got 20% of the dividends last time...... (To be continued.) )