nightcrawler in los angeles

Chapter 301 tit for tat
One person shorts a country

It may only make this small country in a hurry, but if a group of people follow this person to short this country, it will make a country's currency fall below 60% on the same day!

And this process only takes 17 days!
On the first day Tao Xi landed in Hong Kong, Soros’s capital offensive instantly swept across Thailand~
The largest real estate businessman in Bangkok, the capital of Thailand, began to announce a thunderstorm at 6:[-] p.m. because of insolvency and too many bad debts, he could not perform the contract.

In less than an hour, besides Bangkok Bank of Thailand, nearly 37 banks were revealed that they were planning to use their funds to buy back the mess left by the Bangkok real estate businessman.

The whole of Bangkok does not know who sent a message

"The entire real estate industry in Taigu is close to bankruptcy. If these banks come forward to buy it, the assets in the hands of the residents may depreciate!"

The news that appeared suddenly exploded as if a catalyst had been thrown into a Coke bottle.

The gushing "syrup" swept the streets of Bangkok at 7 o'clock in the evening, one person, two people, three people~
When there were more and more pedestrians on the street, the police responsible for maintaining law and order finally discovered the destination of these people.

Bank!

The occurrence of a run on any bank is like a poison thrown into Thailand.

Everyone is scrambling to line up at the door of the bank trying to get the money out of their hands faster, and some extreme people are trying to smash the bulletproof glass with their bare hands to let the bankers come to open the door.

fried
The group of bankers in Bangkok did not expect that their random move could stir up chaos in the entire market.

but!

What they don't know is that this is only Soros's first step. In a monarchy like Thailand, even Tao Xi can't do this.

But if it is a group of people who are constantly sowing the seeds of "panic", and this group of people purposefully use green dollar bills to catalyze these seeds!

These seeds that have taken root in the hearts of "ordinary people" can explode with great power.

The next day
Soros's action began in an instant!

The initial choice made by the Bank of Thailand was to implement a fixed exchange rate to directly link the US dollar exchange rate to the Thai baht, while giving up the free flow of capital.

80s
Since the Soviet Union went from prosperity to decline, the U.S. dollar hegemony system established by the United States has made major national currencies in the world anchored to the U.S. dollar.

After decades of rapid development, the developed countries in Europe have greatly improved their economic levels.

Prices and labor costs have also gone up!
In addition, after Japan signed the Plaza Accord in 1985, the soaring yen led to a rapid decline in the competitiveness of domestic companies in these developed countries, and the scale of exports has plummeted year after year.

In order to survive, a large number of manufacturing enterprises have to go to sea to find low-cost areas for production.

At that time, Southeast Asia became a lot of enterprises. The places targeted by these capitalists had no currency barriers, coupled with cheap land and cheaper labor, brought a lot of capital to a large number of enterprises.

US fixed exchange rate

And Thailand allowed the free exchange and inflow of US dollars, so that Thailand quickly poured a lot of hot money. The rising US dollar in the international market has raised the bank interest rate of the Thai baht. Those eager to develop manufacturing industries continue to put pressure on Thailand. Keep printing baht.

Due to the fixed exchange rate in the United States

How much Thai baht is exchanged for 1 dollar is the final decision of the Thai government.

The appreciation of the U.S. dollar led to the appreciation of the Thai baht, but because of Thailand's over-issued currency, the Thai baht must depreciate.

Those extra baht made people like Soros seize the opportunity in an instant. He borrowed 150 billion US dollars from the Thai government earlier, which caused a large part of the foreign exchange reserves in the hands of the Thai government to be emptied in an instant.

Coupled with the rapid development of Thailand's local economy and too many low-quality assets, many companies are insolvent.

The hot money began to gradually withdraw after nearly three days of edification. Soros seized the opportunity and began to sell Thai baht in the international market in an instant!
The last test was just the beginning. This time, Soros began to short the futures, stocks and other markets in Thailand. Those who were hiding behind Soros came as promised!

The Thai government collapsed in an instant due to a carelessness, and the foreign exchange in the hands of the Thai government has not been so much for a long time!
Nov. 1997, 7

Unable to withstand the pressure, the Thai government announced the implementation of a "floating exchange rate", and the Thai baht plummeted instantly on the same day. The US$150 billion borrowed from the Thai government using various conditions at the beginning left US$42 billion in the end.

back and forth

Let Soros make a lot of money. He borrowed US dollars earlier, and Soros also used Thai baht to repay the loan. The exchange rate difference in the middle is Soros' income!
However, no one knows how much money the group of bigwigs standing behind Soros earned in Thailand, but this battle made Soros's name resound all over the world.

Anyone who is an individual knows that Soros short-sold the Thai currency, causing the Thai baht to plummet as of December 1997.

When the Thai police searched the streets for people related to Soros, no one knew that Soros had already come to Hong Kong!

Wearing a gentleman's hat, Soros walked low-key near the [Hong Kong International Finance Center] under construction under the protection of a large group of people.

Although it is difficult for Hong Kong to accept the fluctuations in the Asian economy caused by the short-selling of the Thai baht, Hong Kong still bears all this, and the Governor of Hong Kong also announced the "Hong Kong Airport Core Plan"!
The executor of this plan is [Daewoo Real Estate], which has been frantically buying land in the inland recently. There are many financial practitioners nearby looking at the land here, and there are even many people holding beautiful posters in their hands and giving it to them. The client introduces the future expectations and landscape here.

"Sir, if you can rent the office building here, you can definitely make a difference like Soros who shorted the Thai currency!"

"Oh, really? Soros earned 42 billion US dollars. If I can earn 1 million US dollars in the stock market this year, I will be satisfied. The current market is really changing every day!"

The real estate agent chatted back and forth with the financial practitioner.

Soros also stopped and listened to the translator whispering the conversation between the two people. When he felt that these people were full of admiration, Soros suddenly thought of something and turned to his new friend. The assistant asked: "How is the matter of asking you to borrow US dollars in Hong Kong recently?"

The new assistant was not very familiar with his job, but Soros was very patient with him.

"Boss, your target amount has been reached, and other people are still doing research on Hong Kong's financial market. Although many of us have left, a large amount of funds began to pour in just the day before yesterday! "

The corners of Soros' lips curled up slightly when he heard the assistant's words. Tao Xi's plan had been shattered, and the next thing was to see how Tao Xi responded to what he did in Hong Kong.

Kedry rubbed his cheeks with a tired face. Who knows that the group of international hot money sold everything short in Thailand and then went to Singapore and Malaysia!

Although he is rich, he needs to do it himself to acquire those properties, and that damn Shunsuke Osawa used some means to follow behind him to reap "honor".

Even though the boss told him a lot, he was still very upset!
He has been busy in Thailand for almost half a year. Kedry, who just bought 51% of the shares of Thailand Electric Power Group, just walked downstairs and complained to Shunsuke Osawa with a dissatisfied face: "Hey, you Can you stop following me, I have already promised you that I will hand over to you when everything reaches its goal!"

Instead, Shunsuke Osawa pretended to be a wronged daughter-in-law and stood behind him without saying a word.

"Oh!"

"Fxxk!"

"Damn Japanese!"

"Damn Akina Nakamori!"

"You are a man, can't you use your own connections to acquire some companies? At that time, the boss will set up a company that is not affiliated with the Panama Business Group. Don't you want to give your new employees something you take?" What a result!"

Osawa Shunsuke was not angry at all when he heard Kaidry insulting Nakamori Akina.

As a Japanese, bullying the weak and fearing the strong is his knack, and he also knows that Kaidry and Sophie have a good personal relationship, and Kaidry's mother is Tao Xi's savior!

Just this name can make him, the president of MGM Asia, bow his head!

Not to mention that the boss left a house for Kaidry in the newly built resort in Hawaii, and even he has no chance to own a house there.

He heard that those villas can only be enjoyed by those who have made great contributions to the group.

"Kadry, don't worry, I have already reported your achievements in Thailand to the boss, and I will definitely not take away any of your achievements!"

"I just want to be personally involved in this matter. After all, you have spent nearly 20 billion U.S. dollars in Thailand. There are some companies whose names I have never even heard of. I must know these first before I can handle those for you. Head and tail!"

Seeing Shunsuke Osawa's stinky and shameless look, Kaidry spit out a mouthful of thick phlegm and turned away.

Who doesn't know that this newly established group intends to operate and go public!

After all, this is a company that can involve the main contents of the four countries in Southeast Asia, such as electricity, roads, ports, and water. Any business that can be taken out alone cannot be listed!
Moreover, Tao Xi has prepared a very professional management consulting company for this company to do business sorting, even a fool can come to be the chairman!
Osawa Shunsuke saw Kaidry's anger, he was not in a hurry, he just followed behind Kaidry's butt cheekily, after all, he leaned against a big tree to enjoy the shade.

Two people with their own thoughts started his [Asian Economic Crisis] acquisition journey like this. They have been spending money and enjoying themselves. Everyone enjoys this feeling.

But Tao Xi stood in front of the huge floor-to-ceiling windows, rubbing his old waist in pain, and complained to Guan Zhilin who was trying to do something not far away: "Oh my God, don't you know that you are tired? Sometimes I am really tired." I envy you women!"

The red-faced Guan Zhilin replied indifferently: "You don't know how happy I am to see you! And I just accepted a movie from Golden Harvest, and it's because of you!"

Tao Xi couldn't help rolling his eyes when he heard Guan Zhilin's words.

What is it for his sake? Isn't it because the lovely Brother Long actually met him after all the big shots were shut down by Tao Xi!
Those who thought they had offended Tao Xi gave all the benefits to Jiahe in order to atone for their sins, but how could Jiahe dare to take these benefits?
Guan Zhilin was satisfied with Jiahe's reciprocity, but Tao Xi felt that it was not enough, after all, beating a dog still depends on the owner.

Osawa Shunsuke suffered a loss in Hong Kong, he has to get it back, otherwise wouldn't this be trampling his face on the ground?
Just when Tao Xi was in a daze, a phone call came.

"Well, Klein!"

Klein, who was standing in front of a Hong Kong food stall, was trying to cover his face with a high-necked shirt: "Boss, Soros has landed in Hong Kong. He seems to be living near Victoria Harbour."

Tao Xi looked at Victoria Harbor not far away and couldn't help but snorted coldly: "Well, okay, I see, you keep an eye on him, don't let him find you!"

Klein looked up at an Englishman who was suddenly sitting in front of him, and then interrupted the conversation with Tao Xi, but he didn't hang up the phone.

"Heh, Klein? I know you. You did a lot of beautiful things in Egypt, and our brothers also suffered a lot from you!"

Klein looked at the just-retired Marine Corps member before him and couldn't help but joke, "I never thought you would be willing to work for a group of capitalists!"

The tall and strong man sitting opposite Klein didn't seem to be afraid of Klein at all, and Klein knew him very well.

"Let's get to know each other again, Blackwater Security Company. I have always been interested in the security company you established in Nicaragua. Maybe we have the opportunity to cooperate."

Klein took the business card with a white background and couldn't help but smile: "Have you always been so direct? Aren't you afraid that we will overthrow your business in the United States?"

The tall and strong man was not angry when he heard Klein's ridicule.

"I'm afraid, because of this, I will not choose to tell him about someone following my employer today, but after 12 o'clock tonight, you need to be careful, I don't allow any instability around my employer factors to sabotage our business!"

The words of the tall and strong man reached Tao Xi's ears clearly, but Guan Zhilin, who was sticking to him, pushed away the phone in Tao Xi's hand with some annoyance.

"You said whether you came to accompany me or made a phone call. It took so long to make a phone call!"

When Tao Xi saw this, he yelled at Klein, "Shut him up, Klein, I don't like his attitude!"

After receiving the order, Klein pretended to be indifferent and looked at the strong man opposite and replied, "Oh? Are you sure you threatened me like that? I haven't been threatened like this in so many years!"

"Oh? Really?"

"After all, the security industry in the United States has been occupied by you for a long time, and I hope to get a share of it!"

(End of this chapter)