Chapter 1008: The Asian Financial Crisis Begins to Emerge
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Although he personally determined that "Titanic" directed by James Cameron, the taste is still so authentic in terms of disaster, love, special effects, etc., but Tang Huan really doesn't dare to take the box office big for granted. Pen @ fun @ pavilion wWw. biqUgE。 info
After all, there are many factors that depend on whether the audience buys it, and most of them are accidental, and "Titanic" is so attention-grabbing, even swaggering, that it is not impossible for an accident to occur in the release link.
Therefore, for the outside world to take the box office bombs such as "Water World" the year before last, and even "Ishtar" - "Ishtar" - "Ishtar" in 1987, "Heaven's Gate" in 1980 - "Heaven s_Gate's Gate" and other box office bombs, Tang Tycoon has turned into a motivation to spur his subordinates to work hard.
James Cameron, who worked on such a big project for the first time, was also uneasy, so he voluntarily gave up his $8 million salary.
Tang Huan couldn't have treated this hard-working director badly, and while accepting his decision, he made a clear promise - then you just wait to get the bonus, which is at least twice as much as $8 million.
At the 50th Cannes Film Festival held in early May this year, "Titanic" took a slight turn, although it was a little disappointing that it did not get any awards, but the audience response was still very good; And the "New York Times", "Variety" magazine and other media in the United States have also given positive reviews.
At a test screening held in Minnesota, USA later, "Titanic" received a higher evaluation, coupled with the word-of-mouth effect contributed by the Internet, this large-scale release "momentum" was solidly "created" - Tang Huan, the big boss, did not have to ask every day.
In the release plan determined by this, the North American release time will not exceed the beginning of July at the latest; Considering that the richest man who intends to attend the premiere ceremony also needs to attend the return ceremony of Hong Kong, it will have to be arranged until June.
In this summer's file, there are still a lot of noteworthy competitors in "Titanic", such as "Jurassic Park: The Lost World", "Life and Death 2", "Batman and Robin", "Men in Black", "Air Force One", etc., and even John Woo's "Face Snatcher" is also counted.
In this case, Titanic had to highlight its selling point.
Although there is no shortage of media singing that "Titanic" is a derivative of a clichéd Hollywood cliché love story, Tang Huan, as a "person who has come over", remembers this epic movie too much, which makes the audience happy.
To put it bluntly, on this big ship that is displayed with the help of computer special effects, Jack, a poor boy but an adventurous male protagonist, can cross social gaps such as class and wealth. soaked in the aristocratic lady - and then made the male audience enjoyable; And the heroine Ruth can get love that transcends life and death, which makes the female audience cry.
What's wrong with clichés? Everyone's got this bite! And James Cameron's restoration of the scene from more than half a century ago is so brilliant that it sublimates all the so-called clichés.
So, the richest man on his personal homepage, holding "disaster" and "love" left and right, cheering for "Titanic" - when you go into the cinema to enjoy it, don't forget to bring a tissue to wipe your tears!
It has to be said that the influence of the Internet is becoming more and more significant, and hype such as movie word-of-mouth has just caught up with a good time to call for wind and rain.
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Mr. The richest man is keen to release "Titanic in advance", largely because he is annoyed by his addiction to "doing experiments and seeking truth" - if you avoid the negative effects of the Asian financial turmoil, what level can this epic masterpiece achieve at the box office? Like, will it break through $2 billion?
In fact, the Asian financial turmoil was "windy and raining" in Siam at this time.
At the beginning of February this year, international speculators borrowed up to $15 billion in multi-month forward baht contracts from banks in Siam, and then after a massive sell-off in the foreign exchange market, the exchange rate of the baht began to fluctuate abnormally.
Just as the British pound was closely linked to the strong German mark under the European exchange rate system, the exchange rate of the Siamese baht has long been stared at the US dollar, the world's leading power - in order to develop an export-oriented economy, it depreciated several times in the 1980s, and finally fixed at the level of 25 baht to 1 dollar, which has been maintained to this day.
Under this system, therefore, Siam's central bank naturally had to resolutely defend the status of its national currency - it used its $2 billion foreign exchange reserves to stabilize the exchange rate of the Thai baht after sensing this wave of short-selling attacks by international speculators.
On March 4 of this year, the Siam central bank asked nine finance companies and one housing loan company with liquidity problems to increase their capital by $317 million, and asked banks and other financial institutions to raise the ratio of bad debt reserves from 100 percent to a range of 115 to 120 percent - a move that increased the financial system's reserves by $1.94 billion.
Unfortunately, as early as last year, some bad signs in Siam's financial system had unnerved investors with a keen sense of smell, and this year's uproar has led to a loss of confidence – a run on Siamese financial institutions alone has been close to $577 million.
At the same time, investors sold off stocks of banks and finance companies, causing the Siam stock market to fall continuously, further increasing the pressure on the foreign exchange market.
It is nothing more than that Siam's determination to defend itself is indeed very strong, and with the vigorous intervention of the Siam Central Bank, the Siam stock market and foreign exchange market have temporarily stabilized.
But the problem here is that Siam's own "ultimate" that he can use is basically released, and the result is only to withstand a round of attacks.
And so it is.
After the time came on May 7 of this year, international speculators began to quietly establish positions in spot and forward foreign exchange transactions through foreign banks operating offshore business -- from May 8, they shorted the currency in the form of a large number of sales in the spot and forward markets with Thai baht borrowed from local banks in Siam, causing its spot exchange rate to fall sharply and repeatedly breaking through the exchange rate fluctuation limit set by the Central Bank of Siam, which once again caused extreme panic in the market.
At this stage, local banks and corporations in Siam, as well as foreign banks, have sold the baht at the spot to buy the US dollar, or to do forward hedging transactions against the US dollar, which has led to the further deterioration of the Siam financial market, and the exchange rate of the Thai baht against the US dollar has even depreciated to the level of 26.94:1.
In the face of this round of shocks, the Siam Central Bank used about $5 billion in foreign exchange reserves to intervene and obtain different forms of support from the central banks of countries and regions such as Yiyi and Singapore.
On the other hand, the Siam Central Bank has resorted to the last resort of resistance by raising the offshore lending rate to 1,000% and prohibiting the Bank of Siam from lending Thai baht.
As a result, under the intervention of this series of "internal and external" measures, the Thai baht exchange rate stabilized, and the Central Bank of Siam temporarily controlled the situation.
But what's next?
Anyone with a discerning eye can clearly see that the present situation in Siam is not an exaggeration to say that the mountains and rivers are exhausted - the foreign exchange reserves are almost depleted; I've used the tricks I know; I even finished asking for help.
So, what about the side of international speculators?
Surely they will not stop - the previous methods were just a foreshadowing, and now they are waiting for a happy harvest.
As for the role played by Mr. the richest man, he tried to analyze the situation thoroughly through computer centers distributed in San Francisco, Paris, Xiangjiang, Funan and other parts of the world, and then quietly followed behind George Soros, and with the herd effect, he became one of many sheep.
The more "hunting" he participated in, the deeper Tang Huan's experience - this special code is war!
Not to mention how a victim like Siam has a lot of problems of his own, he deserves it! and George Soros's advocacy that "I didn't create an economic crisis, I just let the bubble burst in advance."
It's a very simple truth - in the summer heat, a beautiful woman in cool clothes, should you be molested? A landlord who is not good at managing money should be designed by you to snatch the heirloom?
Not to mention that Western countries as important as Britain are also "fairly" robbed by international investors.
Isn't it meaningful enough that the UK will further break away from the EU, and that the Bank of England will once again be free~free from government control this year?
And after every such economic crisis, without exception, the International Monetary Fund (IMF) has come to clean up the mess, and the recipients should not be naïve enough to think that the other side is a selfless angel infused with holy light, and all kinds of harsh treaties are absolutely indispensable.
To put it bluntly, for a long time, almost all countries that practice market economy have been affected by the three major institutions of the International Monetary Fund, the World Bank, and the Bank for International Settlements, and even make people wary and disgusted; And now, the role of international investors, who sing white faces, has come at the right time.
I have to say that with the improvement of the level of vision, and even occasionally enjoy the "God's perspective", the cause and effect relationship of this world is not difficult to see - Mr. The richest man is so practice makes perfect.
With George Soros in front of him to bear all the infamy, Tang Huan made a move this time, and the ingredients were more sufficient, so as to make the Tom Yum Gong soup more delicious.
This does not conflict with the goal of the richest man who attended the APEC summit for the next time, the goal of running a power in the Asia-Pacific region -- this hunt for Siam, making money is secondary, and the other intention is the most important.
However, Tang Huan was also worried about his test field, which was next to Funan in Siam, and the city gate was on fire and affected the pond fish.
For this reason, Mr. the richest man specially went to the Funan Consulate in San Francisco in secret to learn more about the situation with the envoy sent by his brother-in-law Han Anyuan.
Siam was the most stable country in Southeast Asia after the end of World War II, and even though there were frequent military coups, this means of power change were ripe for a smooth transition.
On the other hand, Funan, although under the intervention of Mr. the richest man, ended the state of war almost 10 years ahead of schedule, but the damage of the war in the previous 10 years was too heavy, so even if the speed of post-war recovery and economic development is remarkable, it is not as open as Siam as Siam, the country's financial system is open to the point of no defense, that is, the special zone Hanoukville, which is considered to be in line with international standards.
In this situation, after the disaster of neighboring Siam, Funan was able to basically "stand alone".
In the final analysis, Siam's current prime minister, Chawarit Yongchaiyu, has a problem coping with it, unlike Han Anyuan, who received the advice of his nephew, who prepared for the worst early.
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Tang Huan, who was relieved, turned around and dealt with family affairs again - sending his eldest cousin Han Sining back to China.
From the beginning, although my grandfather didn't say anything, he actually hoped that Han Sining, the eldest grandson of the Han family, would return as soon as possible after his studies in the United States were successful, but the result was delayed until now, which made the old man really unhappy.
Han Sining, who was a little ambitious outside, was quite reluctant to take the position of CEO.
Tang Huan said unceremoniously: "Okay, broaden your horizons, accumulate experience, and even if your merits are complete, the investment environment in China is just right for pioneering, and you can go back and play it well." ”
Han Sining said trickfully: "Do you think that I borrowed your light, and my work performance was difficult to see, so I was driven away?" ”
Tang Huan scolded with tears and laughter: "Hurry up and get out, go home and toss if you have complaints." ”
Han Sining asked with a blank eye: "I'm leaving, what about ICQ?" Is it so hard to let my big nephews go on top? ”
"I've already figured out how to deal with it." Tang Huan replied slowly: "ICQ has found the next home that is willing to take over, AOL, which is deep in money, and is willing to pay $290 million to buy ICQ. ”
Speaking of this, Tang Huan looked at his eldest cousin and pointed out seriously: "You can get a considerable share of this transaction, and the income can also stand up to the review - when you go back, no matter what you do, you can do it with ease." ”
Seeing that the overall situation had been decided, Han Sining sighed and said: "ICQ is the brainchild of the eldest nephews, you are so willing to sell it." ”
"The instant messaging market in the United States is fiercely competitive, and ICQ is not a unique and irreplaceable Internet social product, of course, we have to take advantage of the good market." Mr. The richest man waved his hand impatiently, "Besides, AOL is not an outsider." ”
Han Sining nodded stupidly, "You are my brother, of course it makes sense to say anything-I'll tell the eldest nephews to go and see how you convince them." ”
Tang Huan snorted, "These little ones still dare to go to the house to uncover the tiles?" ”
As a result, at dinner time, Jin Ying, Jin Jie, Jin Jia, and Jin Yan rushed back and asked confidently: "Dad, after ICQ is sold, how much can we entrepreneurs get?" ”