Although it is also fried, the difference is quite big.

Take the imminent outbreak of the financial crisis as an example, its operation methods are inevitably different from the previous dip-buying associations.

In this way, it is normal not to know the exact benefits, because in the end it is not enough to know.

Of course, no matter how unclear it is, it's still okay to buy an island.

The island is not as expensive as you think.

When he first went to the Cayman Islands with Luo Qing, Jiang Chen knew that the most expensive island at the moment was only a few million dollars.

The cheap ones can be won by tens of thousands, and some don't even need 10,000, a few thousand can.

After all, not everywhere treats islands as a rarity, and in some places, there may be even more rare large areas of land.

Now is indeed a good opportunity to make money.

The actions of the Western capital predators led by Soros against the Thai baht began at the beginning of the year.

The modus operandi is very simple, it is to go short.

It's like cabbage in the vegetable market, the price is good now, ten yuan a catty, but it may fall to five yuan or even one piece in the future.

At this time, you can consider borrowing a batch of cabbage from farmers, selling it at a high price, realizing it, and then waiting for the market price to decrease, and then buy back the cabbage and return it to farmers.

The difference between selling and buying is the profit.

However, borrowing cabbage requires a certain deposit or deposit.

Shorting is pretty much that.

Long is buying first and then selling, and short is selling first and then buying, and the process is reversed.

Going long comes from being optimistic and thinking that the market will go up, and short comes from being bearish and predicting that the market will go down.

The only difference is that the shorting object of these capital predators is not specific stocks, or stock indexes, but currencies.

The results should not be underestimated.

The Thai Baht is the official currency of Thailand, and the original implementation was a fixed exchange rate of 1:25.

That's 1 USD, 25 baht.

And if you want to maintain this exchange rate, you rely on foreign exchange reserves.

Since Soros mortgaged and borrowed 380 billion baht at the beginning of the year, the market exchange rate has continued to fall, coupled with the shorting of treasury bond futures.

In order to maintain the stability of the exchange rate and avoid market panic, the Thai government was forced to take over, and in less than half a year, foreign exchange reserves plummeted, with losses of no less than 20 billion.

Thailand's foreign exchange reserves for decades are only $30 billion.

In this way, unless those capital giants stop and the international hot money withdraws, it can only collapse.

At that time, the exchange rate will become 1:30, 1:40, or even lower.

This is the financial crisis.

At the same time, it is also something that will happen in the near future.

Jiang Chen didn't delay.

After promising Tang Xiao an island, he brought a team of bodyguards, and he chartered a plane directly to Yangcheng.

At this time, Luo Qing was already there, and she didn't say much, and went straight to Xiangjiang after the convergence.

"How's it going, what's the exchange rate now?"

"27.55, down 55 points from the beginning of the month."

"How long do you think the Thai side can hold out?"

"It won't last long, and according to our statistics, Thailand's foreign exchange reserves should be less than $5 billion, and at most by mid-July, it will no longer be able to maintain the exchange rate."

“……”

The group company has an offshore company in Heung Kong.

The Department of Commerce also has a dedicated team in Heung Kong.

None of this is surprising, because short-selling cannot be hidden, and the actions of international bears led by Soros against the Thai baht can be described as blatant.

It is also generally not understood in these years, there are not so many people involved, otherwise the city would have been full of wind and rain and the whole world knows.

The first time he came to Xiangjiang, Jiang Chen also understood the situation for the first time.

It was as expected.

It is true that the Thai baht is still a fixed exchange rate, 1:25, and Thai officials have not given up on this aspect.

However, the gap between the market exchange rate and the stipulated official exchange rate is indeed a bit wide.

And judging from the speed of the decline, it is clear that Thai officials have become somewhat unsustainable.

Because only when foreign exchange reserves are stretched thin will such a phenomenon occur, otherwise it will directly palletize, stabilize the exchange rate, and eat as much as you want in the market, and there is no such thing as a sharp drop in the exchange rate.

If that's the case, it's sad that those empty heads will definitely lose their money.

This is best evidenced by the sniper war in Xiangjiang during the Asian financial crisis.

At that time, it was the state that used its strong foreign exchange reserves to avoid being harvested.

So the next thing to do is simple, two words, join.

If you can't beat it, join in.

Since it can't be beaten.

Since there is also no motive to fight snipers.

At this time, joining the ranks of bears and drinking soup naturally becomes the best choice.

The operation is also simple.

Giants like Soros borrow direct mortgages from Thai banks, which is the best way to get a large amount of baht directly.

If he is needed to detonate this crisis, he can only do so, otherwise the amount of baht obtained will not be enough to cause a crisis.

But now the situation is that the hardest work has already been done, and he just needs to take a gun and run with him, so that he doesn't have to go to the bank, just to the dealer.

Dealers are generally trusts, companies specializing in foreign exchange trading business, individuals, and also bank concurrently operating institutions.

These institutions can be understood as middlemen, making the difference, characterized by low thresholds and high leverage.

That's right, it's leverage.

It's like Soros, with a mortgage of 380 billion baht, worth more than $15 billion, how much does he have to mortgage?

Anyway, the value should be about the same, otherwise people won't do it!

But looking for an agency, tens of millions of dollars will do.

The leverage in the foreign exchange market is tens or hundreds of times, and can reach up to 400 times.

It's nothing more than high handling fees, high interest, very high when you make money, and very cool when you lose money.

At present, the accounts are opened in advance, and there are more than a dozen.

More than a dozen accounts, each with more than one million dollars, this is a masterpiece of practice in recent months, because the action is not very big, so it does not earn much, a total of 10 million dollars invested, a small profit of 2 million.

So what you have to do now is to make a margin call, open leverage, borrow, borrow as much as you can.

It's not a particularly impressive operation.

Because the situation is already clear, those who are a little more bold will know what to do.

But a full $200 million in it still makes people feel crazy, because $200 million plus 400 times leverage can theoretically enlarge the scale of funds to $80 billion.

Bisoros is crazy.

Of course, it looks scary, but in fact, you can't borrow that much.

Take 10,000 steps back and say, even if you can borrow it, it's useless, because you can't throw it out at all.

After all, people's foreign exchange reserves are there, and there is not much left, so you can't expect retail investors and a few institutions to pick up tens of billions of dollars.

Therefore, a theory is a theory, and in fact, you can drink some soup along with it.

It's unrealistic to eat big heads.

Don't look at the fact that the financial crisis has not yet broken out, in fact, the Thai baht has been almost eaten, and the real battlefield is in the neighboring countries.

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