"The external debt structure of most Asian countries is indeed very irrational, and in the case of large medium- and short-term debts, once the outflow of foreign capital exceeds the inflow, and the foreign exchange reserves of the country are insufficient to make up for it, the depreciation of the country's currency is inevitable. Pen? Interesting? Pavilion wWw. ｂiquge。 info "In the proprietary department of Dafu Bank, Zheng Fan said what everyone valued.

"Could it be that after the U.S. raised interest rates in March, it will start a new cycle of interest rate hikes?" As the president of Tatfook Bank, Ji'er is very concerned about the interest rate situation in the United States.

"For the time being, this is the case, but the continuation of a round of interest rate hike cycle is not something that can be confirmed by one or two rate hikes, and if the economic situation in the Asia-Pacific region gradually deteriorates, it will also form a feedback impact and interrupt the Fed's interest rate hike cycle." Zheng Fan said with a deep expression.

"The Federal Reserve's interest rate hike in March this year, even if it is not a fundamental factor in Thailand's financial turmoil, is also a very strong fuse, at present, South Korea, Japan, Taiwan, and even Southeast Asia, are all economic vassals of the United States, while the United States raised interest rates, the positive credit rating of emerging markets, is gradually disappearing, especially in the case of doubts about economic expectations, the speed of hot money will return faster." Erica explained to the crowd.

"The rupture of the capital chain, the collapse of a large number of enterprises, and the emergence of a large number of unemployed people should have been manifested in Thailand, but because of the international flow of capital in the financial system, capital liquidity has not immediately dried up, but has shown a false prosperity." Ji Er's gaze was obviously solemn.

"After the tide of international travel capital is over, all that remains is chicken feathers." Zheng Fan rubbed his face and said.

"Boss, the buying orders in the nearly three-month contract of New Zealand crude oil have begun to emerge gradually, and the price has stabilized around $20 as we continue to open new short positions." Luo Hong reminded Zheng Fan.

"Gold prices are also strengthening one after another, and it doesn't seem to mean a significant active retracement, and it is now at $326.7." Liu Mingxuan also made an offer in a timely manner.

"Continue to open short positions, but not too much, and the pressure should continue to be exerted to pull the market buying." Zheng Fan did not hesitate and gave the operation order.

"How's Yelena doing?"

Zheng Fan deliberately questioned Ji'er, so that a few people realized that the investment institution he arranged in Russia may be an advance layout for Asia-Pacific economic issues.

"The preliminary preparation for the establishment of the investment company is almost over, but only 100 million US dollars has been allocated, and the current funds of Century Holdings and Tatfook Bank are tight, which is not enough to provide sufficient support for Russia's Tatfook investment." Ji Er glanced at Luo Hong and the others, signaled the follow-up operation, and pointed to the results of the self-management department.

"Erica, you used to be an executive in the Jaguar Fund, you have a good background, you should pay attention to the movements of international speculators, and always grasp the economic situation in Southeast Asia, in addition to the issues mentioned above, do you have anything else to add?" Zheng Fan was humane to the short-haired woman.

"The smell of blood exuded by the entire Asian economy has been obvious, enough to provide a basis for all-out shorting, in recent years, the high growth of Asia's overdraft economy and the expansion of non-performing assets, although the economic situation seems to be okay on the surface, but once the conditions for high-speed growth become insufficient, it shows the dilemma of being hollowed out inside and outside, in order to continue to maintain economic growth, some countries have to rely on foreign debt to maintain, prescient international speculators, will not let go of so many omissions." Erica's statement seems to have reservations.

"This is no way to do it, in Southeast Asian countries, the bubble of real estate, in exchange for only bad debts and bad debts of bank loans, it is too easy for large enterprises to obtain funds from banks, resulting in once the enterprise is not in good condition, non-performing assets will immediately expand the situation, a large number of non-performing assets, and in turn affect the confidence of investors, this is simply a vicious circle, the fundamental reason is that the market system is immature, the government intervenes excessively in the allocation of resources, loan investment and project mistakes, It is a manifestation of the imperfection of the financial regulatory system. Zheng Fan's statement has a clear bearish implication of the Asia-Pacific economic prospects.

"If you put aside the appearance, the Asian economy is really full of problems, in recent years, the reason why some Asian countries have economic growth is gratifying, there is a big reason is also to fight exports, but when the economy develops to a certain stage, the cost of production increases significantly, exports will be suppressed, causing an imbalance in the balance of payments, and when the export-oriented strategy becomes the development strategy of all Asian countries, they will also squeeze each other, and this trade system is very vulnerable to the impact of economic chain earthquakes." Erica was absolutely sure.

"Relying only on the advantage of cheap resources, of course, it is impossible to maintain long-term competitiveness, and the problem of ladder progress of Asian products is difficult to be effectively solved for a long time." Ji'er agrees with Erica's claim.

"Roughly speaking, the key is what we should do in the Asian financial turmoil." Zheng Fan tapped his fingers on the table, staring at Ji'er and Erica Dao tightly.

"If we are more aggressive, we can go with the flow, and once the Asian economy develops as expected, this is a rare opportunity for us, Thailand has a small economy, but there are large economies." Ji'er is obviously talking about the opportunity in danger.

"After the storm, it is estimated that it is not a chicken feather, as long as you are good at discovering, there may be gold under the chicken feathers, and if you want to obtain benefits, you must short the Asian economy, because there is already a definitive inference above, as for wanting to expand the results, you have to focus on the huge international speculator capital, and you can eat the most at both ends." Erica's statement couldn't help but amaze Ji'er.

"I'm afraid it's not that easy, you know, our opponents in the market are people with brains." Zheng Fan smiled and dropped a sentence and walked behind Ye Qian.

"Compared with the previous operation, it is much more difficult to open a position, and at this rate, even at night, it is difficult to achieve success." Ye Qian looked a little anxious.

"It's already very good, we have to be patient, we don't have to operate oil prices for a long time, the most important thing is to establish a good position and wait for bad news." Zheng Fan whispered to Ye Qian and comforted.

"Are you talking about the deterioration of Thailand's economic situation?" Because of hearing Zheng Fan's communication with Ji'er and Erica, Ye Qian somewhat understood what he meant.

"This is a feast, and this is only the early stage, as the smell of blood released by Thailand grows stronger, those capital predators will only bite it more frantically." Zheng Fan patted Ye Qian's shoulder and walked out of the self-management department slowly.

"If in terms of the Asian economic situation, there is a basis for shorting oil prices, and the biggest problem now may still come from the international gold spot, and it is not clear that gold prices will continue to skyrocket." Erica said with a deep breath.

"Now we can only take one step at a time, now that the problems have been put on the table, the boss is still short the gold price, I believe he may have deeper considerations." Ji'er only felt that although there was a general expectation and direction, the situation was still chaotic and complicated.

Just when everyone in the proprietary department of Taifu Bank began to pay attention to the Asian economic situation, in the JPMorgan Chase branch in Bangkok, Thailand, two elderly men were in the conference room, listening to the report of an information officer.

"It is definitely not a coincidence that as soon as the funds of Century Holdings are in place, New Zealand crude oil and international gold spot have begun to come under pressure." After letting the information clerk exit the small conference room, the white-haired old man sitting at the conference table glanced at the blonde old man at the window.

"It must be done by Century Holdings, but at the same time to attack crude oil and gold, I don't know which variety will be pressed on, and the amount of loan funds obtained by pledging stock assets of Century Holdings should not have the absolute certainty of double-line operation." The blonde old man looked out the window at the scenery and said.

"Speaking of which, Century Holdings' highly leveraged lending is similar to your quantum fund, but unlike most international speculators, Century Holdings focuses on international commodities." The white-haired old man's laughter has a sense of reminder.

"In the Asian capital market, there is such a behemoth as Century Holdings, which has to be said to be a potential threat." George Soros, with blonde hair, said with a faint smile.

"Among the international speculators, your quantum fund is the first to short the Thai economy, and now the profits are quite lucrative, do you want to stop first?" The white-haired old man's expression had become cautious.

"Thailand's economy is just the last breath, as long as it works harder, I am confident that it can be crushed, as for Century Holdings, it depends on what it does, if it can stand on the general trend, join the financial storm that swept Asia, it is naturally the best, if it becomes an obstacle, no matter how large the amount of funds, in the face of the majestic trend, it will be knocked out." The old blonde man looked confident.

"So what's next?"

The white-haired old man thought for a moment and asked.

"Continue to borrow the Thai baht from the Bank of Thailand, and then throw it into the foreign exchange market, exchange it into US dollars, not only Thailand, other countries in Southeast Asia, the currency is basically only in the local circulation, as long as the currency is depreciated, we will redeem it at a low price, so that you can generate huge profits, Kevin, you don't see that the Thai baht has depreciated a lot, I tell you, as long as you can break the line of defense between the Thai baht and the US dollar, the Thai baht will be depreciated to worthless, but cheap assets everywhere will also be occupied by us." George looked out the window into the distance, as if he had a strong sense of anticipation.

"I hope so, Indonesia is now also in advance of the layout, there is an interesting phenomenon, I want to tell you, the Thai baht depreciation at the same time, at the moment Thai gold has been rising, gold bars have become very sought-after, as the Thai baht is becoming less and less valuable, gold has replaced paper money, become a hard currency." The white-haired old man smiled a little meaningfully.

(The first update will be delivered.) ）