The 582 financial crisis really broke out

When Chen Beiming just threw out his remarks about the financial crisis, many experts and scholars in Asia were actually vigilant, but with the successive voices of some international investment banks or financial predators, it made everyone a little irrationally optimistic, and many people believed that although Asia's financial problems are serious, they have not yet developed to the point of breaking out into a crisis, and as long as everyone is careful and as long as the international community is united, the problems can be solved slowly.

So, gradually, everyone's mood became optimistic.

The media was even more praised.

Some experts and scholars even laughed at Chen's reminder on the Belt and Road Initiative.

However, just when everyone was getting carried away, on February 27, 1999, the Sottai Federation announced that it would abandon the fixed exchange rate system and implement a floating exchange rate.

No one thought that the hope that he would bring hope and tomorrow's reform to the Sottai Federation would bring disaster to the Sotj Federation.

On the same day, the exchange rate of the Thai baht against the US dollar fell by 17%, and foreign exchange and other financial markets were in chaos.

Under the influence of the fluctuation of the Thai baht, currencies such as the Philippine peso, the Nissian guilder, and the Malay ringgit have become the targets of international speculators.

On March 5, the Federation of Malays announced that they had abandoned efforts to defend their currency, the ringgit.

Subsequently, one country after another announced that its financial markets were in crisis.

After that, what was supposed to be financial turmoil in a few countries quickly turned into a financial crisis in Asia.

Everything is the same as Chen Beiming predicted.

At this point, those countries with luck cried and rushed to the ground: "I knew this was the case, why bother in the first place!" ”

The people of Xia rejoiced.

"See? So that you don't listen to Mr. Koyama's warning? ”

"Well deserved!"

"So that you only know how to hug Meixi's thighs all day long, how about now? Did someone help you if something happened to you? Therefore, we still have to participate in the Belt and Road Initiative. ”

"Look at how good our Xia Kingdom is!"

"If you don't listen to Xiaoshan's words, you will suffer in front of you. Deserve! ”

Some media interviewed Chen Beiming on the issue of the Asian financial crisis: "Mr. Xiaoshan, what should be done now, those countries that have had a crisis? ”

Financial reporters from some countries where the financial crisis occurred also approached Chen Beiming: "Mr. Chen, you are an expert in economics, can you help us think of a way?" ”

But Chen Beiming shook his head: "I'm sorry, I don't have a very good way, the occurrence of these crises is not accidental, but the result of accumulation, if you want to recover, it takes time, you need to work hard, the only thing that can help you now is yourself, oh, of course, you can also ask the International Monetary Fund and other institutions for help, what I can say now is that this crisis is actually an opportunity, and it is a good time for Asian countries to improve their economic structure, re-examine and reflect on their economic policies." ”

Hearing Chen Beiming's answer, reporters from many countries really cried, and even Chen Beiming couldn't do anything, that--his own country really suffered a catastrophe this time.

Another reporter asked, "Mr. Xiaoshan, according to your speculation, is the Asian financial crisis coming to an end soon?" ”

Chen Beiming shook his head: "No, according to my inference, there may be three stages in this financial crisis in Asia, and now is only the first stage." So, the crisis is far from over. ”

What the?

When the reporters heard this, they were frightened.

How so?

Now that Asian countries have realized the seriousness of the problem, and all countries are also waiting for it, and those countries that have not been affected are also doing their best to protect financial security, why are there still second and third stage crises?

After coming back to his senses, reporters from all walks of life immediately asked: "Mr. Xiaoshan, what did you mean by what you just said?" ”

"As far as we know, countries in Asia are already actively responding, how can the crisis continue?"

Chen Beiming replied calmly: "Fellow journalists, do you still remember what I said on the forum all the way, I said, there is another form of war in modern society, and it is currency war. The financial crisis in Asia, I think it is a currency war, since it is a war, can you decide when the war will start and when it will end? Impossible, huh? When the war will end, in addition to yourself, you have to depend on the will of the other party! ”

What the?

When the reporters heard this, they were all stupefied.

Currency wars?

This financial crisis is a currency war!

A reporter immediately screamed and asked, "Mr. Xiaoshan, according to your research, who provoked this currency war?" ”

Of course, Chen Beiming can't tell the truth.

The problem is simply too complicated.

Asia has prospered in the past two years, its economic development has become more and more fierce, and it has gradually become the center of the world economy, which is not what many countries are willing to see, the United States and the West, Saudi Arabia, European countries, at least more than 20 countries are unwilling to appear in this scene, so does Chen Beiming dare to say that these countries are behind the provocation of this currency war?

He's not that stupid!

What's more!

Since receiving Chen Beiming's report, the Xia government has been working secretly, so to a certain extent, although this crisis is not caused by Xia, it is also what Xia Guo expects, because this is a good time to sell the RMB!

Therefore, at this moment, Chen Beiming could only smile and say: "Since you are a financial reporter, you should know that the current international investment is about 7.2 trillion US dollars. ”

A reporter immediately said: "Mr. Xiaoshan, do you mean that international travel capital is the mastermind behind this currency war?" ”

Chen Beiming smiled: "Without an investigation, there is no right to speak, and I haven't conducted an investigation yet, so I don't know." ”

Another reporter asked: "Mr. Xiaoshan, you just said "Currency War", so when will your book come out?" Can we use this book as a guide to deal with this financial crisis? ”

Chen Beiming shook his head: "I'm sorry, this book is still being written, as for when it will come out, it's hard to say, it depends on chance." ”

When the reporters heard this, they were all stunned.

"Haven't written it yet? Really? ”

"Mr. Xiaoshan didn't lie to us, did he? If it wasn't written, why did he still speak on this topic at the Belt and Road Forum? ”

"It must be because we didn't participate in the Belt and Road Initiative, he won't show us!"

A reporter immediately found economists or relevant researchers in the United States through various channels, and asked to see the true face of the book "Currency Wars".

But when people heard it, they were confused.

"Where did you get the news? When did I have Mr. Koyama's "Currency War", and his book is still being written, and I don't know when it will be written? ”

"What? It's really not written yet, huh? When the reporters heard this, they were dumbfounded.

With the outbreak of the second phase of the financial crisis, experts and scholars from Asian countries immediately looked at Chen Beiming.

"When will this guy's Currency Wars be published? Are we all waiting to find the secret from within? ”