Although the remaining $13 billion in his hand can indeed eat hundreds of billions of baht empty orders, there is a direct order from the top to abandon the interest rate of the Thai baht.

It's not that the top brass have defected, but the top brass are too smart, and they understand that the confidence of the market is now completely over.

Although it is now a list of 100 billion baht, Thailand ZF has printed a lot of Thai baht in large quantities for profit, with a total scale of about 2 trillion baht.

All these baht were spent by Thai ZF, although in exchange for a lot of economic benefits, but all these baht were also left in the market.

This is a bubble, a bubble that is not supported by the real economy.

Now, it is time for these baht to detonate, all the people who hold the baht will be tempted to sell the baht in their hands to stop the loss, the more than 2 trillion baht, I am afraid that most of them will return to the market, and the remaining more than 10 billion US dollars in their hands is absolutely impossible to eat two trillion baht.

If it is forced, there is only one final result, that is, the exchange rate of the Thai baht cannot be maintained, and the remaining 13 billion US dollars of foreign exchange reserves in ZF's hands are all lost.

As a result, a high-level order was issued to stop the bailout, and although this will definitely collapse the market, it will be able to preserve at least 13 billion US dollars in foreign exchange reserves, and after this turmoil has passed, Thailand will have the strength to start again.

There was nothing wrong with the consideration of the higher-ups, but all the Shengdou Xiaomin were completely finished.

On June 28, Thailand officially announced that the mechanism of pegging the Thai baht to the United States was lifted, and the exchange rate of the Thai baht was no longer restricted.

And this announcement is the announcement that ZF directly gave up.

All of a sudden, the Thai baht fell wildly, directly from the original 30:1 to 72:1 in one day.

And on the 29th, it fell directly to 128:1.

In the end, the trading of the entire Thai baht was completely stopped, because no one was willing to spend money to buy the baht at this time, and the baht stopped falling in price because there was no transaction.

June 29 is a day of lamentation for everyone, because this day is the day when many financial institutions in Thailand settle their accounts.

That is to say, so many empty orders before will be settled today.

And this is also the day of the international airdrop harvest led by Soros.

Previously, in order to harvest the bullets that attacked the Thai economy, Soros used a total of various real estate projects, and even directly used US dollars, borrowing a total of more than 300 billion baht from various financial institutions in Thailand as his own bullets.

In the process of Soros's continuous smashing in the early stage, the more than 300 billion baht, at an average price of about 27:1, was eaten up by Thailand's ZF bailout funds, and a total of about 11 billion US dollars in profits were exchanged in the market.

And on the day of delivery on June 29, because the exchange rate of the Thai baht has plummeted to 130:1 at this time, Soros only needs to spend $2.3 billion to buy 325 billion baht in the market, exchange it to various financial institutions in Thailand, and get back various assets as collateral.

In the end, Soros didn't spend a penny, but only borrowed 300 billion baht from others in exchange for $11 billion.

Although $2.5 billion was returned to financial institutions, the remaining $8.5 billion became the profit of Soros and his Quantum Foundation.

This is how you can recoup your profits by going short.

Many people understand how to make money going long, because this is the easiest, buy low and sell high.

But how to make money by shorting, many people don't understand, and Soros is the best example.

In the exchange rate market, I first use US dollars or real assets to exchange other people's money, and then suppress the exchange rate of this currency, and finally only need to use very low US dollars to harvest the same amount of currency, and then return this currency to the borrower, the difference in US dollars during the period is the profit of shorting.

The same is true in the stock market, for example, I borrowed 10 million shares of Agricultural Bank of China from a financial institution and agreed to settle and return the shares after a month.

I first sold all these stocks in the stock market, and assumed that each share was 1 yuan, then I would have gained 10 million.

As long as the stock price of the Agricultural Bank of China falls to 5 cents a share during this period, then I only need to spend 5 million yuan to buy 10 million shares of the Agricultural Bank of China again, and then return the 10 million shares to the securities company, and at most pay hundreds of thousands of interest, I will be able to make a net profit of more than 4 million.

All in all, the $18 billion used by Thailand's ZF to bail out the market, as well as the funds used by many small and medium-sized investment institutions and retail investors to speculate in currencies, add up to more than $30 billion, all of which have been eaten by Soros and international bears.

They shared the $30 billion and made a lot of money, but it was the Thai ZF and the people who were unlucky.

Thailand's foreign exchange reserves have lost more than half, and the Thai people are even more pitiful, their currency, in less than a month, has shrunk to the original level of 1/6.

And this is not the end, just the beginning, although Soros and others are gone, but the confidence of the Thai baht cannot be returned, and the Thai baht that has lost confidence can only become garbage, and the exchange rate will continue to fall in the future, and even fall to 200:1 is also a normal thing.

In the end, the assets of all the people in Thailand will shrink by more than 8 times, and the GDP will also shrink by 8 times, and the economic development achievements of the Thai people who have worked hard for 20 or 30 years will be plundered overnight.

And Thailand, which has already embarked on the path of a moderately developed country, will become the impoverished country again.

In fact, after 97 years, Thailand's most developed industry changed from industry to service industry, to tourism industry led by ladyboys.

Ordinary people have completely lost the means to earn a living, and both men and women can only rely on selling their ass and earning a pitiful little money from foreigners.

Fuso has been withdrawn for 10 years, but in fact, under the operation of so-called financial predators such as Soros, Thailand has lost not 10 years, but entire generations, as well as the foundation and confidence of a country's development.

If Thailand wants to rise again, it will have to wait at least another 50 years, and in these 50 years, the vast majority of Thai people will have to live a miserable life, and people are not as good as chickens.

But what about Soros?

He is still a financial predator, and he is also respected by many people as the godfather, a financial myth, the greatest person in the world or something, anyway, all kinds of titles can be worn on his head, especially the Chinese people, who are very sought after by him, just like a myth.

As everyone knows, because of this financial predator, millions of people in Thailand live in poverty, and their life savings have been plundered by him.

And the number of people who died directly or indirectly at his hands was as many as thousands, this is a fierce executioner, an opportunist, who has committed enough sins for him to live in hell for 10,000 years.

Of course, some people will say that this is finance, there is no right or wrong in this, as long as you participate in the game of finance, you have to pay for your own profits and losses.

This sentence doesn't seem wrong, since you choose to join this game, you must be prepared to be cut leeks.

But how innocent are the ordinary people in Thailand?

They have never even heard of the word finance, and what they have done all their lives is to dig food from the soil, and exchange their mood and sweat for a pitiful baht.

As a result, these baht depreciated eight times in an instant because of Soros's finance without good or evil, are these farmers involved in finance?

Of course, it's useless to say this, it's just that some people have done bad things, so don't think about carrying a good name, you have to bear the condemnation of history, otherwise it's really disgusting.