Chapter 405: Financial Predator Soros - The Stunt of the White Wolf with Empty Gloves
Su Su said with a smile: "In short, after two years of fattening, I am ready to kill, after plundering the Soviet Union after World War I, the international financial group's pig-killing knife method has been more sophisticated, and dealing with Southeast Asia is a small test." This is the financial turmoil that swept through Southeast Asia in 1997 but failed in Hong Kong, and it is also a thrilling financial war in China after half a century after the 49-year Shanghai financial war! ”
Wang Qiang's brows jumped wildly when he heard this: "Brother knows this person!" What kind of awesome hedge fund or something, can my brother understand? ”
Su Su said with a smile: "I won't talk about the specific operation methods, interlacing is like separating mountains, that's the trader's business, I'll just say the basic principle, Brother Qiang will definitely be able to understand." ”
Wang Qiang nodded again and again: "It must not be difficult for my brother to understand!" ”
Su Su smiled: "Didn't we talk about the example of currency depreciation before? That is, 10 years ago, a friend of Brother Qiang borrowed 1,000 yuan from you, and then 10 years later, he repaid you 1,000 yuan......"
Wang Qiang nodded again and again: "Yes, as I said just now, on the surface, he has repaid the money, but in fact, the money has been depreciating in the past 10 years, and he has actually earned thousands, this example is simple!" ”
Su Su smiled: "Then I'll give you a more extreme example, for example, Brother Qiang traveled back to the Republic of China period in 1947, your friend borrowed 1,000 fiat currency from you last week to buy a lot of rice, and a week later, the fiat currency depreciated wildly and began to pick a basket, and he returned you 1,000 fiat currency." ”
Wang Qiang couldn't cry or laugh: "What is the difference between fiat currency and waste paper at this time, my brother wants him to return it with rice!" ”
Su Su smiled: "This rice is what he earned for nothing, this is Soros's method, there are borrowed and returned, empty gloves white wolf!" ”
Wang Qiang suddenly realized: "So the key is to let the borrowed money depreciate wildly?" ”
Su Su smiled: "By the way, the whole Soviet Union was the same as what I just said." As I said just now, the Soviet Union accepted the warm hand of redemption from the West and opened up finance to the West, so all kinds of high-end Western banks that can drink free coffee opened in every city of the Soviet Union, and these banks with high-quality services, thoughtful smiles and never had to queue up not only absorbed a large amount of ruble deposits from the Soviet people, but also borrowed a lot of money from the state-owned banks of the Soviet Union at an interest rate of up to 30% or more similar to that of private usury, which is the most critical step - borrowing money empty-handed! ”
Wang Qiang learned from the past, and nodded again and again: "It turned out to be a 30% usury, no wonder the Soviet Union will take the bait, and I will borrow it if I change it." ”
Su Su sighed: "But in any case, although the Soviet Union collapsed and the ruble depreciated a lot, there is still a distance from waste paper." After all, these rubles borrowed by loan sharks still have to be repaid, and this amount is still staggering. But in the eyes of the international financial group, Russia is no different from a dead person, and they are obviously unwilling to return the money to a dying person, so they have come up with a currency reform rescue strategy for the flickered and crippled Russia, that is, to issue a new ruble, 1 new ruble = 1000 old rubles...... In short, this topic is far from complicated, anyway, with such a toss, the old ruble has depreciated by 10,000 thousands of times, which is really no different from waste paper. ”
Wang Qiang realized: "Well, I won't talk about the complicated ones." Saying this, my brother understands the affairs of the Soviet Union a little more. ”
Su Su smiled: "In short, the first thing Soros started was Thailand, because Thailand is the most open financial in Southeast Asia, and capital is free to enter and exit!" And the bubble in Thailand is also very high. ”
Wang Qiang smiled bitterly: "Listening to your tone, I feel like Thailand is stripped naked......"
Su Su smiled: "What are the Thai characteristics of stripping off clothes?" Listen well and don't interrupt - in short, as long as there is a bubble, there is room for price reduction, and as long as there is a price reduction, Soros has room for crazy depreciation. So at the beginning, Soros borrowed the Thai baht at a high interest, which was very incomprehensible, and was ridiculed by the Thais as the 'very rich fool', and then the Thai baht was almost borrowed, and he began to sell a large amount of Thai baht to buy US dollars in the market, and then all kinds of bribed media experts worked together to add fuel to the fire to fool the people, and then detonated the stock market to fall, and all kinds of small trolls followed the trend to lead the herd effect of market panic, and everyone really sold the Thai baht to buy the dollar, and the Thai baht depreciated like this! ”
Wang Qiang sighed: "This routine is not difficult!" ”
Su Su said with a smile: "The specific operation is still complicated, for example, Soros can take advantage of the transition stage of the slight depreciation of the Thai baht to buy a part of the Thai baht at a low price with US dollars, and the difference in the middle is the income, and a large amount of replenished Thai baht consumed by a wave can be used as ammunition." Then when he had more and more ammunition in his hands, the crazy depreciation of the baht was inevitable. During this depreciation, the US dollars he bought with the borrowed Thai baht were Thailand's foreign exchange reserves. ”
Wang Qiang sighed: "I see! When the Thai baht depreciated into toilet paper, he repaid the baht, even if it was a usury, it was only a usury of toilet paper, and the drizzle was not counted, but he did buy all the foreign exchange in Thailand, this is the empty glove white wolf! ”
Su Su smiled: "The principle is actually so simple, but the specific operation also involves breaking the fixed exchange rate problem in Thailand." So let's talk about a few key terms, fixed exchange rate, floating exchange rate, basket of currencies. Thailand and China used to have a fixed exchange rate, for example, the US dollar to the RMB is 1:8, then the United States appreciates, the RMB rises, the United States depreciates, the RMB depreciates, always maintain 1:8, of course, there is a small floating value in the middle, easy to understand, right? ”
Wang Qiang nodded: "This is easy to understand." ”
Su Su smiled: "But Brother Qiang, have you found any problems?" ”
Wang Qiang frowned: "Thailand is also a fixed exchange rate?" Since it is a fixed exchange rate, no matter how Soros throws the Thai baht, the Thai baht should not depreciate! ”
Su Su smiled: "Brother Qiang, when Soros throws the Thai baht, the Bank of Thailand must buy it with the US dollars from the foreign exchange reserves, but a small country like Thailand is only 30 billion US dollars, compared to the huge amount of Thai baht issued during the bubble economy in Thailand, it is completely unbearable, when Thailand's foreign exchange is exhausted, what to use to maintain a fixed exchange rate?" ”
Wang Qiang realized: "Then what should I do?" ”
Su Su said with a smile: "Then the exchange rate will float, and the market will give up resistance and let it be ravaged to the end, that is, the legal tender of the Republic of China!" So the fixed exchange rate must have a large amount of foreign exchange as reserves, when Soros broke through Thailand's defense, he made waves and no one could stop him, and Thailand's bubble collapsed like this, allowing him to plunder a country's wealth with empty gloves. ”
Wang Qiang immediately understood: "What about the basket of currencies?" ”
Su Su replied: "The floating exchange rate is very pitiful, but the US dollar is depreciating and appreciating at every turn in order to make trouble, and it is even worse to keep an eye on the US dollar." The four tigers in Southeast Asia have been keeping an eye on the dollar, and they depreciated the dollar before, and the export was very cool, but when the RMB depreciated to 1:8, the dollar began to appreciate strongly in order to buy the bottom of China, and the four tigers followed the appreciation. Originally, appreciation is not conducive to exports, plus China's wild depreciation, this drag, Southeast Asia's exports are enough to choke. ”
"So, the safe way is not to look at the dollar, but also at the pound, the euro, the yen or something, and then according to the changes of various currencies to come up with a composite value, which is a basket of currencies, which is the object of the whole world. The renminbi was added to a basket of currencies on October 1, 2016, also known as the SDR, which is a belated position that the renminbi has finally gained by gaining strength. ”
Wang Qiang said ignorantly: "It turns out that this is a basket." ”
Su Su sighed: "In short, let's not talk about the basket first, Soros's method of sweeping Southeast Asia is to eat that these small countries do not have enough foreign exchange reserves, their bubbles have been pushed up so much, exports are blocked, and foreign exchange cannot be much." Therefore, I bet that the fixed exchange rate of these small countries cannot withstand it, so I can only give up resistance and use a floating exchange rate, as long as it floats - that is the market economy, that is the favorite of the predators! ”
Wang Qiang is still clear: "But Hong Kong has the foreign exchange support of Chinese mainland!" ”
Su Su said in a deep voice: "Yes! It's still the power of the country! At that time, China's foreign exchange was not much, but it was not an existence that Soros could confront with international funds, especially if Hong Kong came to make trouble a few days after its return, it was not too bad to give China face, China must win no matter what! ”