In the end, Jiang Chen's attention returned to the impending financial crisis.

The reason is simple.

It's not that he doesn't care about the situation at sea, the reality is that it's not his battlefield, and the relationship is useless.

Instead of thinking about what you don't have, you should try to do your best on your own battlefield, which is the real support.

And although his participation does not seem to have played the role of the last straw, nor has it been able to detonate the financial crisis in advance, a financial tsunami that will sweep the whole of Asia and even the world is about to emerge, but it is already an indisputable fact.

Because at this time, Thailand had no money, and the foreign exchange reserves accumulated by decades of hard work were almost exhausted.

At this time, the exchange rate is more than 28 points, which is almost equal to a miss.

In this way, the crisis detonated, and it was not surprising that it was only a matter of the past few days.

"It's time to enter!"

On a new day, Jiang Chen came to the company's trading room again.

In fact, there is nothing to be gained in the baht market these days.

As early as May, Thai officials had banned domestic financial institutions from lending Thai baht, and at the same time sharply increased the lending rate.

In addition, after nearly half a year of pulling, Thailand's foreign exchange has been almost consumed, so it is really difficult to make achievements in this market.

It's not a question of how much money is invested.

It's not a question of how many times the leverage opens.

This thing is like a house price, as long as no one takes over the plate, no one plays with it, no matter how high it is, it is a floating cloud..

But it's not a big problem.

Not in the Thai baht market, there are stock indices, and there are stock futures.

Without the Thai market, there are Southeast Asian markets such as Maffei India.

In fact, in addition to the well-known foreign exchange market, in the stock index futures market, countries lose more, and bears also earn more.

It's like Thailand.

Thailand's foreign exchange reserves are only about $30 billion, but the actual losses are as high as more than $140 billion.

Dozens of financial institutions have announced closures, tens of thousands of businesses have gone bankrupt, and millions of people have lost their jobs......

This is the real result of the loss of the baht.

The loss of the Thai baht is not only the depreciation of the Thai baht and the loss of foreign exchange accumulated by decades of hard work, but also the huge wealth of the people.

Therefore, in the case that the Thai baht market cannot do much but do its best, a considerable part of the funds flow into the stock index futures market.

This piece of leverage can't be opened so high, five times is almost the peak, and when converted into funds, it is worth 300 million US dollars.

Even so, with the collapse of the exchange rate, the stock market dived, and so far, it has almost doubled.

In other words, although the Thai baht market is not big, it is still profitable, and it is making a lot of money.

Originally, there were only 200 million, but now there are more than 400 million.

That's finance.

The risks are high, the returns are also high, and all the money he earns is the loss of the Thai side, some from the government, and some from the private sector.

It is true that compared to those capital predators, he is a bit insignificant, but this speed is really nothing to say.

Therefore, those who do finance look down on those who do business.

In finance, the money came too quickly, more than 200 million US dollars, and it took a busy year last year to save so much, and now, it will be in just a few days.

The next thing to do is to move on to other countries.

The Thai market is late, and I can only drink some soup, which is no way to do it.

But in other surrounding countries, not to mention eating a big head, it is completely fine to gnaw on a piece of meat.

Now the time is almost up.

The fall of the Thai baht and the outbreak of the financial crisis are just around the corner, and the four tigers and the four tigers will be implicated without exception.

At this time, what he had to do was to land early.

The goal is very clear, in a word, rain and dew are evenly wet, whether it is Malaysia, South Korea, Singapore or the Philippines, all come.

Strategically, currencies and stock markets go hand in hand

Go hand in hand, even if you make less money, you must be stable.

In particular, you can't be a bird.

He doesn't care how the specific funds are allocated and how they are executed, after all, he is not a professional trader or an expert in the financial field.

He just knows the general trend and will go with the flow, that's all.

The effect is also good.

The advantage of early entry is that it is cheaper to borrow and easier to sell.

It's like selling cabbage, when the market is calm, the purchase price and the interest you need to pay must be the lowest.

It's good to sell at the current price, because no one knows that it will fall, and even many people think it will go up.

On the other hand, the direction of the market is clear, and at this time, the price and interest will naturally be high.

Even in order to maintain market stability, many merchants are not allowed to ship.

And even if it is in stock, it is not easy to sell at this time, just like a house, the more it falls, the more no one buys it.

It is for this reason that in just one day, the $400 million withdrawn from the Thai market has been amplified by more than 100 times through leverage.

At this point, it is no longer 400 million, and it is no longer a mathematical number, but a real amount of more than 40 billion dollars.

Because the borrowed "cabbage" has been sold, the borrowed "cabbage" has already been taken over.

All you have to do at this time is wait.

Wait for the crisis to break out, wait for the crisis to spread, wait for the currency to fall, wait for the stock market to plummet.

At that time, buy back the "cabbage" at a low price, close the position, return it, and the rest is the money earned.

In this way, it can theoretically earn more than $40 billion at most, if the "cabbage" falls to zero.

As a matter of fact......

20 billion should be no problem, financial crisis, if you don't cut it in half, how can you be embarrassed to call it a financial crisis?

Don't underestimate these 20 billion.

In fact, 20 billion is already a lot, whether it is the stock market or the foreign exchange market, winning or losing is not obtained in a vacuum, and if he earns more than 20 billion US dollars, it means that someone must have lost so much.

20 billion, or US dollars, is enough to do a lot of things at the moment, and such a windfall may not be able to be earned in a serious ten years.

At this time, the confrontation on the sea also came to an end, as the sun rose on the new day, the British ships on the high seas went away, the horn sounded, and the Oriental Pearl of Xiangjiang officially entered a new era.

The scene was very lively.

The day before, he was still in the foreign exchange market and the stock market, and on this day, Jiang Chen was invited to watch the ceremony with Luo Qing as a guest.

This was followed by a drinking party, where celebrities gathered.

He's seen a lot of big names here that he could only see on TV before.

At this time, Li Jiacheng was not Li Bancheng.

Of course, people may not look down on him, after all, in terms of economic strength, there are still many people here who are stronger than him, especially when he hardly shows up.

And the day after the banquet ended, the war that lasted for more than half a year finally ended, and the long-brewing crisis finally broke out.

Wednesday, July 2nd.

After holding on for more than half a year, the foreign exchange was almost exhausted and could no longer be maintained, and finally, the Thai official announced that it would abandon the fixed exchange rate that had been insisted on for more than ten years and switch to a floating exchange rate.

This is where the storm begins.

On the same day, the Thai baht fell below 1:32, and the stock market avalanche turned into a rolling cold snap, sweeping in all directions.