In 1997, a sniper war of financial predators led by Soros caused a full-scale financial crisis in East Asia.

And Kobe Bryant took this opportunity to also prepare to play a big one.

On June 30, 1984, the Thai government began a fixed exchange rate policy pegged to a basket of currencies, with the US dollar being weighted as much as 80%. Under such a system, the exchange rate of the Thai baht against the US dollar is basically stable, and it has remained at the level of 24.5-26.5 for a long time.

From 1984 to 1995, as the dollar entered a depreciation cycle, the effective interest rate of the Thai baht also fell sharply, and the competitiveness of exports increased significantly. The rapid growth of exports has brought Thailand an average annual GDP growth of 8%, and another Asian miracle has been born.

Because the dollar entered a cycle of interest rate cuts and depreciation at that time, it was obviously more cost-effective to use US dollars for financing. The Thais thought the same way, so they chose to borrow a lot of dollars for financing.

Since 1995, things have changed, the foreign exchange market has gradually reversed, the dollar has entered a cycle of interest rate hikes and has begun to strengthen, and the exchange rate has changed from depreciation to appreciation. The effective interest rate on the Thai baht has also strengthened, which has seriously weakened Thailand's export competitiveness. In order to adjust the trade deficit and achieve a balance of payments, the Thais chose to hastily open up the capital market and use high interest rates to attract foreign capital inflows.

At the beginning of 1997, Thailand's foreign exchange reserves were about $35 billion. Thailand's financial bubble is actually very large, the smell of blood is in the wind, and the moment to burst is approaching.

What is Soros's operation? The dollar was exchanged for the baht first, and at the same time, the baht was borrowed in large quantities from the Bank of Thailand. After that, tens of billions of baht were sold in the foreign exchange market in Thailand to buy back dollars. At first, he secretly bought quietly, and when he reached a critical point, he would use the power of public opinion to shout loudly. Other international speculators will follow suit when they smell blood.

In fact, the Bank of Thailand's foreign exchange reserves were exhausted in less than a week, so they naturally had to choose to decouple the fixed exchange rate and start floating the exchange rate, and the Thai baht depreciated sharply.

Previously, the exchange rate of the Thai baht against the US dollar was 10:1, so Soros asked the Bank of Thailand to borrow 10 billion baht to start selling, and the Bank of Thailand needed to take $1 billion to buy the 10 billion sold baht in order to maintain a fixed exchange rate, and Soros's 10 billion baht was exchanged for another $1 billion through the Bank of Thailand. Later, the Bank of Thailand ran out of dollars, and the exchange rate became 100:1, and now Soros only needs to take out 100 million US dollars for 1 billion baht to return to the Bank of Thailand, and the rest is earned by him. Of course, the operation is far more complex than these descriptions, and the scale is much larger.

The second half of 1997 was the period when the financial turmoil reached its climax.

Not only Thailand, but the financial turmoil swept Asia, and Soros even carried out a series of operations in Hong Kong. I won't say much about the reason for river crabs.

After Bryant invested in Mamba Sports, he still had $13 million in liquid funds on hand.

Take out 10 million to participate in the bloody sniping of international financial predators.

。。。

The trade was in full swing, and so was the summer league of MLL.

Las Vegas, Summer League Spurs vs. Celtics.

"Duncan's debut!?"

"The debut of Bill Russell and Olajuwon, the Lord of the Rings! Expect! ”

"I heard that Duncan will have the potential to overturn Kobe's achievements and become the strongest rookie in history!"

"Impossible! Kobe Bryant got everything except for championships, MVPs and other honors. ”

"Nothing is impossible, Victor Flying White Devils will rule the NBA!"

Auerbach made a rare appearance in Summer League.

The only man who dared to swallow the clouds in the arena with a cigar in his mouth, his arms folded.

Looking forward to Duncan's debut?

Auerbach admits that Duncan is the kind of player destined to become a legendary superstar. He put Duncan in the same position as Russell.

But the current Alliance, unlike the Lord of the Rings era, is different!

The super inside line is still great, but the impact on the game is not as strong as it used to be.

It can be seen from the fact that only Olajuwon has won the championship so far among the four center forwards, and although the end of the center has not yet come, it is not far away.

The future is Van Horne, Maddy, Walker and these forwards!

Auerbach looked at Van Horn and Maddie on the sidelines in the same way he looked at Bird. There is a hint of sternness in loving appreciation.

Their ceiling is by no means lower than Duncan's!

Maddie Moore was on his feet, and he couldn't wait to pull off a big windmill dunk on Duncan, known as the best rookie in the class, just like he did with Felton!

Since signing with the Celtics! Maddie and Van Horne train every day in addition to training!

Auerbach cultivated Maddie and Van Horn as his close disciples. The cardinal found that Maddie, in particular, seemed to have endless potential in her body, and the more pressure she had, the more Maddie could gain!

Coupled with Celtic's excellent team doctor and sparring partner care, the injury risk of both players has also been stifled.

Maddie is suffocated! And now is undoubtedly the time for him to vent!

Duncan walked out of the tunnel slowly, calm and sophisticated.

Popovich had considered not letting Duncan play in Summer League, but the cheers of the fans and the media were too enthusiastic. Coupled with the small city of San Antonio, the team is in desperate need of a revenue boost.

The appearance of Duncan will undoubtedly greatly increase the commercial value of the team.

In the end, it was decided to let Duncan fight a dozen.

At the start of the game, Maddie was placed in the shooting guard position and Van Horn small forward.

Despite being a shooting guard, Maddie took possession directly from his teammates!

The height of a small forward!

Position of the shooting guard!

The way a point guard plays!

This is how Auerbach is positioned for Maddie! The all-round striker swing man! From the first position to the third position, you can do it all!

At first, Auerbach just wanted to try out what Maddie and Van Horn could do.

And Maddie's performance in every aspect surprised the cardinal! From offense and defense, to playmaking tandems, they are all talented!

Van Horne is much worse than Maddie, and although he has the name of No. 3 Bird II, Van Horn's more outstanding talent is only projection. The playmaking tandem can only be said to be okay, and the defense is very bad.

In this case, Auerbach simply cultivated Maddie as a Kobe!

Do anything!

Auerbach was very pleased with the results, and Maddie's progress in all aspects was amazing!

At the beginning of the game, Maddie assisted Van Horn to complete the projection.

Duncan, on the other hand, is slow and leisurely, without the slightest taste of being a star at all.

Played team basketball, acting as a wall and high post for his teammates.

Maddie and Van Horn overtook Duncan for a while!

Seeing this, Maddie galloped into the basket!

Jump high!

Buckle!

He's going to shackle Duncan!