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There is a reason why Fan Wuxian left Shanghai, because Kevin found out that Soros was making trouble again.

In 1992, Soros led the Quantum Fund to successfully snipe the pound and made a profit of more than $2 billion.

But because Soros is a representative of sniping the pound in public, the British and Europeans hate him to the core, calling him Sherlock's rebirth.

In any case, Soros won the attack on the British pound, and he was known as the man who broke the Bank of England, and for a time even surpassed the heads of state of some countries, and was called the leading figure in the financial world.

After cleaning up the Bank of England, Soros turned the gun around, and at the end of 1994, he turned the clouds in Mexico, causing the Mexican peso to depreciate by half, triggering the Mexican financial crisis, which almost destroyed the Latin American power and destroyed the achievements of decades of economic reform.

After getting rid of Mexico, Soros was indeed honest for a few years, this time coincided with the drastic changes in Eastern Europe, and soon after the collapse of the Soviet Union, he was more concerned about the development of his motherland, invested heavily in helping Hungary's political and economic construction, and with Hungary as the center, established a network of Soros funds throughout Eastern Europe, mainly investing in the infrastructure construction of these countries.

Soros, it seems, has been content with what he has achieved, and has become a great philanthropist instead of making a fortune by destroying a country's economy.

Thanks to him, until 1996, that is, this year, the entire world economy did not have any major ups and downs, and it can basically be regarded as a song and dance.

"I thought he was going to live his rich life somewhere, but I didn't expect him to go to Thailand." Kevin said to Fan Wuxian in the video.

At this time, Fan Wuxian was talking with Kevin in Zhengzhou's own private communication network, and he was the only one in the huge office, and the other Zhengzhou company personnel were not at the level of being able to participate in this kind of conversation.

Fan Wuxian said casually. "How can a hungry wolf give up the opportunity to hunt? He was just quietly waiting for his chance to hunt grounds. ”

Judging by the recent formation of Soros. Fan Wuzhi can be concluded. At this time, he was preparing for an attack on Southeast Asian targets.

There was a period. Southeast Asia was once the darling of the New World.

South Korea, Taiwan, Hong Kong, and Singapore were once known as the Four Tigers. Rose rapidly after World War II. After decades of struggle. Finally, it has successfully entered the ranks of developed countries or developed regions.

Following them. Thailand, Malaysia, the Philippines, Indonesia and other countries have also imitated the successful experience of the Four Dragons. Take advantage of the cheap cost of labor in your country. Vigorously develop labor-intensive processing and manufacturing industries. For example, textiles, leather shoes, bags, general machinery and its spare parts, etc. Exported to developed countries at very low prices. At the same time, it is also available on a variety of preferential terms. Attract foreign capital to come and invest. It was a boom for a while. It has become the focus of new growth in the world. Known as the Four Little Tigers of Asia. There is a great tendency to reproduce the glory of the four small dragons of the year.

But compared with the era in which the Four Little Tigers lived in the Four Little Tigers, there have been great changes.

With the end of the cold war and the development of information technology, the process of world economic integration has accelerated, and a globally unified financial market has begun to take shape, which has generated an extremely large amount of global speculative funds.

With the help of modern information technology, these speculative funds react extremely quickly, and once they discover something going wrong, they can flock to Israel and Russia from all corners of the world to deal a devastating blow to a country's economy, and quickly retreat after obtaining violence, leaving behind a scene of economic collapse and people's livelihood withering.

Fan Wuxian told Kevin, "Compared with the old foxes of the international financial community like Soros, the leadership and business circles of Southeast Asian countries are still very naïve when it comes to financial issues. ”

After the end of the Cold War, democratic capitalism became the only surviving economic system, controlling everything it examined. In the race to create wealth, it completely surpasses **. Globalization, in which national economies and corporate entities are moving towards integration on a global basis through trade and cross-border investment, has become the new slogan.

In a borderless world, where borders on a map are meaningless, the greatest function of governments is to persuade the people of the world who have control over companies to invest money in their countries, and then walk away from meddling. Regarding the road to the future, there was a widespread opinion among pundits in the US Treasury Department, the International Monetary Fund, the World Bank, and a number of well-known universities, which came to be known as the "Washington Unanimity".

Tom. After Friedman dubbed it a "golden tights," the idea spread widely. This package calls for balanced budgets, lower taxes, free movement of capital, goods and services, privatization, deregulation, protection of property rights, especially intellectual property rights, smaller governments, and loosening restrictions on interest rates. It is believed that the implementation of these measures will bring prosperity and narrow the gap between the rich and the poor, thereby leading to democratization, which in turn will bring stability and peace. Friedman explained that the main way to accomplish all of this was through the "electronic swarm," a group of never-public patrons of treasure who hid in high, unspoken nests on Wall Street in the United States, Dou (Stock Exchange Street) in Japan, in London's business districts, and elsewhere, with their eyes glued to computer screens. But with the click of a mouse, they can quickly make trillions of dollars travel around the globe.

In the nineties of the twentieth century, the electron group discovered Southeast Asia, especially in Thailand.

What was later seen as the largest financial bubble in history was also gathering strength in the United States. Low interest rates and a booming economy unleash a tidal wave of money in search of high profits. Investors in countries with slower economic growth, such as Europe and Japan, are also looking for greener pastures.

Southeast Asia, with its high growth rates, high interest rates and low risk pegged to the dollar, looks a lot like a banker's paradise. In the previous three years, banks in Europe, Japan and the United States had lent more than $700 billion to the region. In those years, foreign loans to Thailand alone amounted to nearly 10 percent of GDP each year.

Foreign direct investment has also poured in, with GM, Ford, Toyota and Chrysler all announcing plans to build new car manufacturing plants in Thailand.

At the same time, new skyscrapers darken the sky.

The year before last, the leaders of the Asia-Pacific countries held a meeting in Indonesia and embraced the theory of globalization, announced the establishment of the Asia-Pacific Economic Cooperation Forum, and announced the organization's commitment to fully realize free trade by 2C20. At meetings of the world's leading personalities in Singapore, Davos, and Washington, erudite professors, ruthless bankers, and seasoned political leaders all saw Southeast Asia as the most dynamic part of the global economy, leading the way to an ideal society.

At the end of August this year, very few people noticed the collapse of the Bangkok Commercial Bank. Some raised eyebrows when last year, when the Sombasong Land Company defaulted on European bonds, signaling that the housing bubble might be bursting. Later that month, First Finance, Thailand's largest financial company, suddenly began looking for a merger partner. Seeing this, the electrons quickly began to flee out of the fence.

Foreign bankers began to demand that their short-term loans be repaid, and speculative investment firms estimated that the fixed exchange rate of the baht against the dollar would not be maintained, and eventually it would have to depreciate and simply sell the baht. Thai companies, which have borrowed heavily abroad, are also afraid of such an outcome and have begun to convert baht into US dollars in large quantities. In its all-out efforts to support the exchange rate, the Bank of Thailand threw a total of $26 billion in US dollar reserves into a rush of purchases.

Imports are greater than exports, which means that less is sold and more is bought.

Since the settlement currency of international trade is the US dollar, the trade deficit can only be covered by the US dollar. There are two main sources of funding to fill this gap, the first is the Bank of Thailand's dollar reserves, and the second is foreign debt or foreign investment.

When foreign capital enters Thailand, it must first exchange the US dollar for Thai baht, so as to increase the US dollar in the hands of the Central Bank of Thailand.

But these dollars are not given away for free, foreign businessmen have Thai baht in their hands and can exchange them for dollars at any time, so these dollars can be seen as debts borrowed from foreign businessmen by the Central Bank of Thailand.

After all, foreign businessmen are not philanthropists, nor are they patriots, and once they feel that something is wrong with the Thai economy, they will immediately retreat, and the Central Bank of Thailand must return the dollars to foreign businessmen.

It was at this time that the Thai government let down its vigilance, and in order to solve the trade deficit, they opened the door for foreign capital to enter Thailand.

In fact, as soon as the Mexican financial crisis ended, international speculative funds represented by Soros had begun to quietly enter Thailand.

They did not come to invest in long-term industry, but to flock to the Thai stock market and real estate, because these things can be sold quickly, and they do not have to have a long capital turnover period like investing in manufacturing.

Under the onslaught of these funds, Thailand's stock market and real estate prices have skyrocketed, creating a false economic boom that has obscured the decline of Thailand's manufacturing sector and the decline in the competitiveness of its exports.

In the semblance of prosperity, the Thai government has failed to tighten supervision of financial institutions and carry out the necessary financial system reforms in a timely manner, allowing foreign speculators to obtain large loans from Thai financial institutions using their grossly overvalued stocks and real estate as collateral.

By June of this year, the real estate bubble began to burst rapidly, causing the operating conditions of commercial banks and financial companies to deteriorate.

Now, it's time for Soros to show his sword, if he doesn't move, he will kill with one hit, and he will definitely win, officially Soros's favorite style. There are no pop-ups