"What? There is such news? ”

Rodney in the dust. After several twists and turns, Jones finally arrived in Jakarta, met the person who had made an appointment with him, but did not expect to hear such a jaw-dropping and shocking news.

In addition to the fact that the Indonesian government's promise to close 16 banks has not been fully fulfilled, it is rumored that the Indonesian government's top brass is considering reverting the already free-floating monetary system to a fixed exchange rate system.

Throughout November, Rodney. Jones, who is largely based in South Korea, was surprised to find that the South Korean authorities faced the same predicament as the Thai government had faced: the domestic financial system was over-indebted and severely unable to make ends meet; Foreign exchange reserves are decreasing day by day, at an astonishing rate; The stock market has fallen badly, investor confidence is on the verge of collapse, etc.

Seeing this, before the International Monetary Fund declared that there was no problem with the South Korean economy, Rodney . Jones hurriedly wrote an extremely strongly worded analysis report, strongly recommending that the quantum fund immediately short the Korean won. "South Korea's economy is currently in the 'post-crisis' period, and the true figure of South Korean companies' dollar liabilities is widely accepted by the market is much higher than official figures, and the difference between the two is as high as $60 billion," he wrote in the report. What's worse is that most of this debt matures in weeks or months, and if it is not rolled over, the South Korean economy will collapse immediately. ”

The truth is indeed like Rodney. Jones predicted, after South Korea sent emergency bailouts to the International Monetary Fund. The IMF's top Asian economic experts rushed to Seoul, where they found the situation even worse, eventually announcing an emergency aid of up to $55 billion in early December after pressuring South Korea's negotiating team.

At this time, the value of the won was far from Rodney. The period Jones warned of has fallen by nearly 40 percent.

But it's a pity that Soros, Druckenmiller and others did not short the won on a large scale, but only symbolically shorted hundreds of millions of dollars of won before they completely left it alone.

The reason why he did not short the South Korean won is that Soros also has good reasons: the first is that the top management of the International Monetary Fund frequently sings about the South Korean economy, so that the entire quantum fund is full of confidence in the South Korean economy. Obviously. Before the South Korean side did not disclose its true economic situation. Even the top brass of the International Monetary Fund (IMF) were kept in the dark and made misjudgments, let alone the Quantum Fund. The second reason is that the main force attacking the won in the market is currently led by the Tiger Fund. A large number of Julian Robertson fans followed. For the sake of the fact that one mountain cannot tolerate two tigers. The Quantum Fund unanimously disagrees with large-scale entry into the won market. Therefore, Soros only sold a part of it symbolically and then avoided the South Korean market.

Although out of sympathy and respect for each other, Soros would never have thought of it. Julian Robertson had long counted the unusual fluctuations in the won market to him, and for this reason, he had also blackmailed his most powerful subordinates in Asia.

Rodney. Jones is indeed a sharp-nosed and well-educated economist, and when he discovered that there was a problem in the won market, he immediately submitted a report on it. However, he is not superhuman, he ignored the trend of the Indonesian market under his lack of skills, and when he finally found time to investigate the rupiah, he heard such a news.

"Are you sure it's true?" Finally came back to his senses, Rodney. Jones asked again, for fear that he would be confused by the thick Indonesian-accented English.

"Of course!" The other party's expression was serious, not as if he was fake, and nodded heavily, "And it has been rumored recently that President Mr. Suharto is seriously ill and has not been around for a few days. This is the most direct reason for the collapse of the rupiah, and the deeper reason is the two I just mentioned. ”

Just as the negotiations between South Korea and the International Monetary Fund were beginning to see light on December 1, the rupiah plummeted on the news that President Suharto was seriously ill. By the end of the Asian trading session, the rupiah had closed at 3,715 rupiah per dollar, a drop of 6.14 percent from the 3,500 rupiah per dollar that Soros had opened a position. That is, after a brief period of profit, Soros has lost more than $120 million in his position in the rupiah.

"And there's another piece of news to reveal to you." See Rodney. Jones was silent, and simply put out his knowledge, "Because I have known the change in the attitude of the Indonesian authorities, the Japanese, Singaporean, and Indonesian authorities, who have been claiming to support the Indonesian rupiah some time ago, will announce in recent days that they will stop supporting the Indonesian rupiah. I believe that as soon as this news comes out, the entire Indonesian market will fall again. Although the IMF has announced a bailout for Indonesia, this bailout may be suspended at any time due to the Indonesian government's disobedience, and although several other countries covet our oil resources, they will never allow the money from the state treasury to be taken by the corrupt government in vain. ”

Another one that makes Rodney. Jones felt the news of the five thunders, and he was already in some trouble at this time, and looked at Susilo blankly. Guest. Tiral, the person who revealed the news to him, said after a while, "Is that all there is to it?" Are there any others? ”

Susilo is Rodney. Jones's college classmates at MIT had the ambition to return home after his successful studies to serve his country, but Indonesia's long years of dictatorship and corrupt bureaucracy soon froze his passion. After being refrigerated for a few years, Susilo also learned to sneak around, speculate and drill camps, and because of his study abroad experience, plus he did have some talent, he soon entered Bank Indonesia, and is now a middle-level leader.

Although he was in a high position, Susilo's heart to serve the country was completely dead, and after seeing the reality of how corrupt the Suharto group was, he also began to consider entering this corrupt class himself, which happened to be at this time. College classmate Rodney. Jones contacted him, and the two hit it off.

It is precisely because of Susilo's inside information that Soros and others were able to establish a huge number of rupiah bulls before the IMF announced a bailout of Indonesia, and the facts also proved that Susilo had access to the most core confidential documents, for which the Quantum Fund paid a full $1 million in "public relations fees".

Looking at Rodney. Jones's dejected face, Susilo was also very anxious, and suddenly slapped Rodney, who had not yet come back to his senses. Jones's shoulder, he said loudly, "What are you hesitating about now?" Hurry up and inform your boss and hurry up and sell all your positions, otherwise it will be too late! ”

"That's right! Right! "Rodney. Jones shuddered. Slap yourself on the head. Rather annoyed, he said, "How did I forget this?" My God! Take advantage of the time now, act quickly, and maybe you can recover some of the losses. "After self-pity. He quickly opened the suitcase. Take out the computer inside. After connecting the network cable, it began to crackle.

This is a five-star hotel in Jakarta, the capital of Indonesia, and although the Internet is still in its infancy, it has become popular in this kind of luxury hotel. Rodney. Jones barely had much trouble connecting to the Internet and began to figure out how to convince his boss and colleagues to come.

Although he is the chief economist for the Asian region, he basically knows everything about the Asian regional economy, but the opinions he feeds back to the US headquarters have to be reviewed and discussed before they can be put into action. Jones also has to be logically defensible.

Seeing the old classmate fall into deep thought, Susilo sighed and shook her head and exited the room. He didn't have to worry about his own compensation, but this time he made the other party lose so much, and he was quite unhappy in his heart.

Rodney. Jones did not notice the departure of the thin, shriveled and dark-skinned old classmate, and remained immersed in his own logical reasoning, and after thinking about it for half an hour, he closed all the holes in his logic. After re-reading his report, Rodney. Jones nodded in satisfaction, and after thinking about it again, he added this sentence at the end of the email: "If you are not afraid of god-like opponents, you are afraid of pig-like teammates!" After typing, I looked at it again and made sure there were no errors, and then I pressed the send button.

It's just that this moment of Rodney. Jones didn't know that this email not only did not reach the headquarters of the Quantum Fund as instantly as he thought, but was intercepted by someone with a heart, and even caused a significant loss to the Quantum Fund.

……

"Huh? Intercepted a message? Send it to my mailbox and take a look! "Received a message from Mike. After Taylor's internal call, Zhong Shi was stunned for a moment, and then immediately remembered what was going on, and ordered bluntly on the phone.

After reading the letter from Rodney. After Jones's analysis report on the rupiah, Zhong Shi gasped, although he knew that the rupiah would fall, but the underlying reason was not clear at all, and now it seems that there are so many twists and turns in it, which makes him feel his scalp tingle for a while.

After thinking about it, Zhong Shi dialed Mike again. Taylor's phone asked, "Mike, judging from the Trojan horse you planted, did the other person who intercepted this email release this email?" ”

"Hey, hey!" Mike on the other end of the mic. Taylor smiled sinisterly, and said in a gloating tone that anyone could hear, "Boss, the other guy you mentioned didn't release this email at all, and I guess the people at this address didn't receive this email at all, I'm afraid they won't know that there is such an email in their lives!" ”

What Rodney is for the Rodney. Why didn't Jones call directly to report to the Quantum Fund? In fact, it is very simple, the first is because of the time difference, if the information is not transmitted to the ears of the senior management in time through the phone, and the information he gets is not something that can be explained in one or two sentences; The second and most important reason is to keep it secret, because Indonesia is a dictatorship, and the telecommunications and other industries are controlled by certain classes. Jones's correspondence with the Quantum Fund's headquarters has long since been changed to an e-mail.

They are not afraid that the Internet will be eavesdropped, and the communication system that is open by themselves is not consistent with the communication system on the current market, and they have also done enough to prevent it, but they are just a foot high and the devil is one foot higher, even if it is the hacker world, it is also the strongest of the strong, this time they completely fell into the trap that has been carefully arranged for a long time.

Hear Mike. After Taylor's affirmative answer, Zhong Shi let out a long breath and slowly put down the phone, a subtle sneer appeared on the corner of his mouth, and said to himself: "God-like opponent? Pig-like teammates? It's kind of interesting! It's kind of interesting! ”

It didn't take long for him to press down the intercom on the table and said without hesitation: "Ma Sheng, are you free?" Accompany me to the Standard Chartered headquarters to meet our old friends! (To be continued......)

PS: Thank you book friends Lei LSQ, wangxueliang, and Qiqi Yuntian 01 for their monthly ticket support!