Gentle Township, Hero Mound's words are not wrong at all.

For a "bear" like Su Chenyu, it is even more so, what a hero, what a great cause, how can there be this bone-eroding beauty from the gentle hometown. What's more, now is the critical period of "creating people", Su Chenyu naturally doesn't want to go anywhere, just let him be devoured by the fat powder pile.

However, unfortunately, God does not fulfill people's wishes, and it may be that God knows this guy's mind and deliberately makes trouble for him.

The real big thing is coming!

On July 2, 1997, the day after Hong Kong's return to the motherland, the world had not yet woken up from last night's Victoria Harbour fireworks display, and someone gave the world a slap in the face!

Under the continuous attack of the two "leading brothers" and a group of international speculators, the X Fund and the Quantum Fund, the Thai baht that has collapsed again and again finally can't hold back, and all the foreign exchange reserves of the Thai government have been depleted, and this "Thai baht defense war" has failed.

There is really no way, the Thai government has the idea of dying together, announced the abandonment of the fixed exchange rate, the implementation of a floating exchange rate, just like that, it caused the Thai baht that has plummeted to fall crazy again, the day of the 20% plunge is really suspected to be the Milky Way fell for nine days.

The Thai baht plummeted again, and it was really a slap in the face of the Thai prime minister, because on June 30, he shouted on TV that "the baht will not continue to depreciate, and we will let those speculators lose all their money". However, just two days later, the Thai authorities simply abandoned the high ground and the fixed exchange rate, and directly let the Thai baht depreciate wildly.

The previous words were indeed a bit big, and the Thai Prime Minister was covering his swollen face at the moment, not knowing how to solve this embarrassing situation. There is no way, I can only throw out a "back pot man" to alleviate the embarrassing situation, so the governor of the Bank of Thailand, Luncha Malaga, announced his resignation, which can be regarded as a temporary milk for the Thai Prime Minister and a small life.

However, although the Thai prime minister has successfully "renewed", the situation he will face next will be more difficult, because after the Thai baht is broken, it will be easier for international investors to attack the Thai stock market, bond market and housing market.

Don't think that the collapse of the Thai baht is just a matter of the foreign exchange market, it would be naïve to think so, almost all countries that have been collapsed in the foreign exchange market have inevitably collapsed in the stock market, bond market and housing market.

Quite simply, because the foreign exchange market, the stock market, and the bond market are all interrelated, the collapse of the Thai baht is catastrophic for the entire Thai financial sector. Just after the Thai authorities announced that they would abandon the last high ground of the fixed exchange rate of the Thai baht, the Thai stock market plummeted, and everyone fled in a frenzy.

No way, with the continuous collapse of the Thai baht, the depreciation of Thailand's domestic assets is almost a certainty, in this case, people who do not realize all the assets they hold in their hands are definitely in their heads. At this moment, selling the Thai baht and buying a large number of dollars at all costs is definitely the best way to hedge, otherwise, according to the fall of the baht, it will not take long for the whole to become waste paper.

As everyone starts to get bigger

The continuous collapse of the Thai baht caused a large-scale depreciation of assets such as the stock market, the bond market and the housing market, which exacerbated the magnitude of everyone's assets This is a vicious circle.

However, there is no way, the Thai authorities, who have been completely confused, are really helpless in the face of this kind of terrible domestic situation. If it's just a stock market crash, then it's easy to do, after all, as long as you use a lot of money to hold up the stock market, but now the entire financial industry has a huge systemic risk.

However, no matter how difficult it is, you have to find a way to rush up, otherwise, the national wealth that Thailand has accumulated over the years will be hollowed out.

Now, the foreign exchange market can not be saved for the time being, so that it can only save the Thai stock market first, you know, although the stock market is not the main battlefield, but its tragedy is worse than the foreign exchange market. No one expected that the Thai stock market was actually wiped out by 75% in this wave, that is, all the stock prices of the entire stock market were cut in the ankle.

There is no doubt that the Thai stock market is so miserable, and there must be a credit to Su Chenyu, because he is the biggest black hand in shorting the Thai stock market.

When everyone's eyes were focused on the "Thai Baht Defense War", Su Chenyu had already ordered Fund X to allocate a part of its forces to shorting the Thai stock market on a large scale. Moreover, it is not only Fund X that is shorting the Thai stock market, in line with the principle of making money together, Su Chenyu naturally did not forget to follow the little brothers of the Su family.

The Shinawatra family and the Xie family, the two followers, were notified by Su Chenyu early, and even since last year, they have followed in the footsteps of Suning Group and began to slowly deal with some risky assets. Originally, watching the Thai stock market sing all the way last year, some people in both the Shinawatra family and the Xie family were still a little scoffing, feeling that there was no need to follow the steps of the Su family. Even if there is a stock market crash or something, they believe that the Thai government can solve it, after all, the energy of a sovereign country is absolutely huge.

However, fortunately, Taxin Shinawatra and Xie Guomin finally confirmed their opinion, that is, to follow the Su family's footsteps and deal with high-risk assets. After all, they clearly know how strong the Su family's energy is, and even they have begun to take the initiative to avoid risks, so it can be seen how huge this crisis is, and it may even be created by them. You must know that when Fund X abused Singapore with blood, but it didn't even go all out, it had already made Singapore's founding father Li Yao vomit blood directly, and this time it is estimated that it is even more ferocious.

Facts have proved that the decision of Thaksin Shinawatra and Hsieh Guomin was correct, but this time the crisis did not come from the stock market, but from the more dangerous foreign exchange market, and it was overwhelming. This time, whether it is Thaksin Shinawatra or Xie Guomin, or even the entire Thai billionaire, they have finally seen the horror of these "financial sharks".

Thailand, a sovereign country, one of the "Four Asian Tigers", and a giant in Southeast Asia, has not been defeated in the face of quantum funds and a number of international funds, and it has been a complete defeat. anti

Yes, this result definitely shocked countless people, but it is relieved to think about it, after all, this group of people was even defeated by the old power of the United Kingdom, and a "currency war" ransacked the whole of Europe.

So, today's fiasco in Thailand is not something unacceptable.

Now that the Thai government is no longer useful, it is time for these Thai families to think about how to protect themselves in this crisis. Among them, the Shinawatra family and the Xie family naturally became the two dogs of X Fund's "evil" in Thailand, following in the footsteps of X Fund to short the Thai stock market. Among them, in order to act better, Su Chenyu also pulled the Chen family into the camp, after all, the position of Bangkok Bank is too important, whether it is shorting the Thai baht, or shorting the stock market and housing market, it is indispensable to the assistance of Bangkok Bank.

I have to say that my own people killing my own people are definitely more ferocious and brutal than outsiders, anyway, these dogs are much more ruthless than X Fund.

Therefore, if this tragedy in Thailand was caused by Su Chenyu and X Fund, then this group of accomplices is definitely indispensable!

You know, with the help of this group of people, it is really not easy for X Fund to short the Thai stock market, anyway, it didn't take much effort at all, and the Thai stock market has collapsed. All the "hard-earned money" harvested by short-selling was continuously washed out through Bangkok Bank, and then the money entered the foreign exchange market again to continue to attack the Thai baht.

Faced with the plummeting stock market, the Thai government had no choice but to enter the market, and began to play tricks on the rise and fall range, setting the decline range, hoping to temporarily stop the plummeting stock market. However, this kind of shameless method is not a long-term solution, and in desperation, the Thai government can only turn to several major families, hoping that they can show the feelings of patriotic businessmen and jointly deal with the current bad financial situation.

Well, although it is very reluctant, no one wants to be regarded as a traitor, at least on the surface, you must not be a traitor, so the entire Thai wealthy circle began to follow the footsteps of the Thai government to enter the market. Even the Shinawatra family, the Xie family and the Chen family, the accomplices who assisted X Fund in shorting the Thai stock market, have turned into patriotic businessmen at this moment, but they are just not contributing to their work.

In other words, at this time, the Shinawatra family, the Xie family and the Chen family really did not dare to enter the market on a large scale, although it was a good time to buy the bottom when it plummeted, but according to the meaning revealed to them by Su Chenyu, this crisis was just the beginning, and it was far from the time to buy the bottom.

Therefore, at this time, whoever enters will die, but if you don't enter, your reputation will be completely gone, and you can only pretend to be and work hard.

Soon, the Shinawatra family, the Xie family, and the Chen family began to rejoice in how correct their approach was, because just as the Thai government began to hold the market on a large scale, the Quantum Fund and the X Fund led a group of international investors to launch an attack on other Southeast Asian countries.

Singapore, Malaysia, Philippines, Indonesia...... One by one, Southeast Asian countries have become the target of the X Fund and international investors, and they have a huge momentum of defeating the Thai baht, and they are thunderous as soon as they make a move!