What Liu Yihua is wondering now is that the previous financial crisis was in 1997, but now, in 1992, has the financial crisis been brought forward? Soros came early? So what to do? Hit 'em!
Liu Yihua calculated the amount of funds that can be used to fight Soros now, and it is about 200 billion US dollars.
I saw in Liu Yihua that if you just want to defend passively, it should be almost the same.
However, Liu Yihua really can't understand that Solo is such an arrogant guy! Liu Yihua decided to teach Soros a painful lesson! Let this guy Soros understand -- you must not get your hands on the cake of the Chinese nation! If you get involved, I will chop off your fingers without hesitation!
Liu Hua thought for a while, if he wants to have the financial strength to seriously hit Soros, he must have at least 400 billion US dollars!
Four hundred billion dollars! Where can such a large sum be found? Is it possible to really rob the bank
Liu Yihua, who has never been afraid of everything going well since time travel, now finally feels the difficulty of this matter. It seems that the time traveler is not a fairy!
Know thyself, ever-victorious!
Liu Yihua carefully recalled what Soros did in Asia.
In March 1992, Soros suddenly attacked the foreign exchange market in Thailand! This immediately caused a wave of bank runs in Thailand, which squeezed more than 50 banks at once, and devalued the Thai baht by 60%, causing the Thai stock market to plummet by 70%.
You know, the current international finance affects the overall situation! The financial turmoil caused by Thailand then spread rapidly, strongly affecting the entire Southeast Asia, even including Russia.
Under the strong attack of Ross' Quantum Fund, the assets of these countries and regions have shrunk greatly! The wealth created by the Asian people over the years has been depreciated, and the entire Asian economy is in serious turmoil all of a sudden!
What is even more irritating are those European and American countries. Instead of sending charcoal in a timely manner, these countries have begun to take advantage of the fire. They have merged Asian bankrupt companies one after another when Asian currencies depreciated and stock markets plummeted. A large number of real estate purchases have allowed these European and American countries to easily obtain hundreds of percent of property at a price of 1%! This is simply robbery!
Of course, flies don't bite seamless eggs! The reason why Soros swept everything in Asia is also because there are huge hidden dangers in the finances of many Asian countries.
The credit market in many East Asian countries has developed abnormally. The ratio of domestic credit to GDP in Japan, South Korea, Thailand, Malaysia and other countries is as high as 115%-200%! Isn't this stepping on a tightrope
Also, the capital markets in these countries are immature. As a result, enterprises rely too much on banks, and banks rely too much on the government, which leads to excessive expansion of bank credit and excessive bad debts or bad debts of banks. When the country "bankrupts", there is no doubt about the end of these banks. That is "bankruptcy"!
In comparison, some developed countries in Europe and the United States are very mature and sound in terms of finance! These countries have gone through about 200 years from commodity market, currency market, debt market, securities market, futures market to derivatives market, etc.! Withstood more than 200 years of bloody wind and cruel test!
Among them, the New York Stock Exchange is an example! The New York Stock Exchange was established in 1863, and later developed the money market, bond market and futures market. After the war, the derivatives market developed. Therefore, each market, each mechanism and institutional tool is adopted by tens of millions of people in economic practice according to the needs of activities. And through the practice of tens of millions of people, a common system, mechanism, and tool were gradually formed. There is no doubt that this has formed a relatively complete set of systems and rules for operation and supervision. Therefore, it is very difficult to cause severe turmoil in the financial markets of European and American countries! It is impossible for one or two people to make trouble!
Compared with the financial experience of developed countries in Europe and the United States for more than half a year, he is simply a rookie in finance! Since he is a rookie, it is actually not surprising to be eaten by others.
Also, what Soros brought to those countries was not only financial turmoil, but also political turmoil. You know, finance and politics must be inseparable!
After the outbreak of the Asian financial crisis, due to social unrest and economic depression, people's trust in the government has declined. The opposition parties and opposition parties accused the ruling party one after another, so the Thai government was overthrown. The Suharto government in Indonesia was overthrown, Japan's Hashimoto Ryutaro stepped down, and Russia had six prime ministers within a year.
Liu Yihua recalled these and summed them up. The emergence of the financial crisis was due to necessary external factors, such as the cooperation of international financial speculators with certain governments that acquiesced, and on the other hand, it was the problem of Asia itself.
Liu Yihua got off the plane, and Zhou Huijie and Song Chuxia came to pick him up. Liu Yihua didn't inform others. How to deal with the financial crisis is the most important thing now. Liu Yihua decided to let go of those romantic things.
Zhou Huijie and Song Chuxia naturally cheered when they saw Liu Yihua. The three of them chatted at the airport for a while, and immediately got in the car and headed to Zhenghua Hotel.
Arriving at the presidential suite of the Zhenghua Hotel, Liu Yihua took a shower, and immediately listened to Zhou Huijie's report on the financial crisis without caring about making out with Zhou Huijie and Song Chuxia.
Then the three of them studied how to deal with Soros.
Liu Yihua thought about it, but he didn't care about any predictions, so he simply told what was going to happen in the future.
Song Chuxia hadn't seen Liu Yihua for a long time, she was so excited, she was always chattering in front of Liu Yihua.
"Yihua, is that Soros so powerful? I don't believe it!" Seeing what Liu Yihua said, Song Chuxia was a little bit unconvinced.
Liu Yihua said with a smile: "I don't care whether you believe me or not. Anyway, I will tell you what I have to say. When the Zhenghua Group loses, I will spank your ass! By the way, Huijie, please remind the higher-ups again, so that you can be prepared. From now on, Zhenghua Group must cooperate with relevant national departments to pay close attention to the whole of Asia, especially Hong Kong! Hmph, Hong Kong is not a soft persimmon like those countries in Southeast Asia!"
Song Chuxia interrupted suddenly: "Yihua, hehe, you are like a powerful financial expert now."
Like the experts. You mean Soros picks soft persimmons? Don't you mean Soros's financial predators? "
Liu Yihua said seriously: "Yes, Soros is a financial predator! Now, this financial predator is here!"
Song Chuxia said strangely: "I don't understand - since he is a financial crocodile, why does Soros pick soft persimmons? Financial crocodiles, don't you just eat whoever you want?"
Liu Yihua smiled wryly and said: "You can't say that, no matter how rich you are, you won't spend money indiscriminately, right? Soros is not a fool, how could it be possible, how could he attack a country at random? He must be very selective!"
Song Chuxia smiled and said: "Haha, carefully select those soft persimmon countries? Are you referring to those Southeast Asian countries?"
Liu Yihua nodded and smiled: "Of course! Compared with our country, aren't those countries in Southeast Asia soft persimmons?"
Song Chuxia said strangely: "Of course it is. But why doesn't Soros make it harder?"
Liu Yihua said unhappily: "Vietnam? A poor and scumbag country. Needless to say, even Soros and I are not interested in it! If I want sex, should I look for a beautiful beauty or a dinosaur woman?"
Song Chuxia rolled her eyes and said, "If I were a man, if I wanted to rob sex, I would definitely find a beautiful woman!"
Liu Yihua: "Isn't this enough? Even if Soros came to rob, he would rob some richer countries! Soros would dismiss some poor countries! Besides, when the financial crisis occurs in the entire Southeast Asia Now, do you think a little Vietnam will survive?"
Song Chuxia was a little shy after hearing Liu Yihua's words, but she still argued: "Hmph, how can I not understand these truths? I am deliberately teasing you!"
Liu Yihua didn't bother to talk to her.
Zhou Huijie asked: "Yi Hua, if something like this really happens as you said, how big do you predict it will be?"
Liu Yihua was silent for a while, and said: "Sweeping the entire East Asia including Southeast Asia, the losses are heavy! Hong Kong also suffered heavy losses! Hong Kong, this is a financial war that we must not lose!"
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