The Rebirth of the Financial Hegemon

Chapter 41 Chaotic Struggle

Quantum Fund Headquarters.

Soros stroked his chin while browsing the economic survey report data brought back from Thailand by his subordinates.

He looked at it very seriously and carefully.

According to the survey's analysis report, Thailand's economy has reached its limit, and the depreciation of the Thai baht can no longer be avoided.

After reading all the reports page by page, Soros fell into deep thought.

There is excitement and there is pain.

Under those old eyes, there seemed to be a chaotic struggle.

As early as 1994, after studying the Southeast Asian economy, the Quantum Fund team discovered serious loopholes in the rapid economic growth of Southeast Asia.

Take Thailand for example.

Under Thailand's economic development, Thailand has relied too much on foreign trade exports in labor-intensive industries. More than half of its economic growth comes from Japan.

In 1984, the Bank of Thailand began to implement a fixed exchange rate system pegged to a basket of currencies. For a long time, 1 US dollar was fixed at 25 baht.

But in terms of the proportion of foreign exchange, the proportion of the US dollar exceeds 80%.

This greatly affects the value of the US dollar against the Thai baht.

In order to promote economic development, Thailand prematurely opened up capital projects and established a financial trading center with a high degree of freedom.

Although this can attract a large amount of international capital to flow into Thailand, most of it is short-term.

Almost all of this speculative capital has poured into the Thai stock market and real estate industry.

In Soros's eyes, all of this is full of loopholes.

There is no progress in knowledge, no technological innovation, and a lack of sound and effective systems.

Thailand's economic development is entirely driven by large-scale capital.

The seemingly magnificent building is riddled with loopholes, like a castle in the air.

Like Thailand, other countries in Southeast Asia are basically facing the same problem.

With the rapid development of economy,

It's like a straw that pulls out a seedling.

Collapse is only a matter of time.

Soros believes that the currencies of these Southeast Asian countries are overvalued and will depreciate sooner or later.

As the top executive of a hedge fund, his job is to help clients achieve returns on their investments.

As long as you seize the opportunity to explode these currencies at the critical point, you can bring large profits to the fund and its clients.

However, Soros has yet to make a final decision.

He didn't know whether what he did was right or wrong.

Soros is Jewish.

Born on August 12, 1930 in Budapest, Hungary.

His father was a lawyer and his mother was the daughter of a wealthy local businessman.

That is the legendary Bai Fumei.

However, Soros's father is somewhat strange.

He is very smart, but a bit lazy.

So it stands to reason that a lawyer should be very wealthy, but because his father had no ambition to make progress, he just got by and the family was not very wealthy.

Not every man wants to conquer the world.

Although Soros's father is not progressive, he is still a good father.

George Sr. spent all his energy on spending time with his children.

When Soros was very young, his father would tell him stories all day long. In Soros's eyes, his father truly regarded him as a friend.

No matter what naive questions Soros asked, his father answered them patiently.

Soros discovered at that time that his father would rather tell stories with him than go to work. Soros was innocent at that time, and he thought his father liked chatting with him.

People always grow up.

After going to school, Soros made more demands.

Sometimes he wants to go to the amusement park, sometimes he wants to go on an outing, and sometimes he wants to buy things. His father always tries his best to satisfy him.

But later he found that he had no money in his pocket, so old George made a bad move.

Old George asked his kid Soros to borrow money by himself.

Soros felt very embarrassed. His relatives and friends were all Jewish, and he borrowed money from Jews...

That would be no less than pulling out Jewish teeth.

Soros has experienced the contempt he receives when borrowing money since he was a child.

He didn't understand at the time why his father asked him to borrow money and then used the borrowed money to take him around.

He also asked his father.

Why don't you do more work so we have money and don't have to ask anyone to borrow it?

This is what old George replied.

Money is baggage. With money, people will become weak.

Soros also has an older brother named Paul.

When two boys are at home, fighting over things is inevitable.

Soros was often bullied by his older brother because of his small size.

When going out, if Soros is bullied by other children, his brother will never help him. Sometimes his brother will repair him in front of outsiders. This makes Soros feel aggrieved, so he goes to find his father who loves him the most. .

At this time, Dad will listen to him very carefully, and then...

There's no after that.

Old George couldn't say a word of justice, let alone punish his brother.

Since there was no one to support him, Soros knew from an early age that he had to rely on himself for everything.

In addition to having a good father, Soros also has a good mother.

Although his mother was born in Baifumei, life became difficult after marrying a husband who didn't like to work, so she had to work all day long and worry about her livelihood.

No matter how bad the conditions were, the mother worked hard to ensure that her two sons would not suffer from hunger or cold.

His mother's hard work and love also had a great influence on Soros, so even though he made all European countries uneasy, he still used a lot of money for charity.

This was the happiest time in Soros' life.

later……

War broke out.

Because of his own experience, Soros hated poverty.

His motto is that there must be nothing in the coffin when he dies.

But also because of his experience, he hated bullying the weak and hated war.

No one would have thought that Soros, who was once feared by all European countries and regarded as a cold-blooded crocodile, would hesitate.

In the office, Soros stroked his chin and fell into a daze.

His eyes were cold at one moment, and struggling fiercely at the other.

For Soros, attack Britain and Sweden.

Although taxpayers in these countries will still suffer losses, these countries have already enjoyed many benefits that exceed those of residents in developing countries.

Since their central bank made a mistake, it should bear the price.

But now, he is launching an economic war against a weak country.

If Quantum Fund succeeds in its currency war against Southeast Asian countries, millions of ordinary people will fall into unemployment and extreme poverty.

This is not what Soros wants to do.

This is a moral issue for him.

No no no.

The point of currency speculation is to remind governments of the need for change.

The baht needs to depreciate, and if the government and central bank can choose to depreciate proactively, suffering will be avoided for ordinary people.

The longer the government delays, the more severe and brutal the eventual currency collapse disaster will be.

Once their foreign exchange reserves are exhausted, there is no room for slowdown in the economic crisis caused by capital flight.

By that time, more ordinary people will fall into permanent poverty and pain.

I am helping them to save more people.

Long-term pain is worse than short-term pain. Only by allowing them to discover their own problems can they develop healthier.

I did nothing wrong...

…..

Lusaka.

Darkwater International Temporary Office.

Kazat Modi was like an angry gorilla, he glared at He Tianya and roared.

“You are robbing, the Lunmwana copper mine has reserves of 102 million tons, all of which are 1.1% high-grade ore.

Previously, the Australian Equinox Company was willing to mine it for US$100 million. It is worth US$100 million, do you understand? "

"Mr. Secretary of Defense, the 100 million U.S. dollars you mentioned was before. Now, I think this copper mine is only worth 2 million U.S. dollars, which is not enough to pay our employment costs."

After Modi met with He Tianya, he made his purpose of visit clear without much politeness.

On behalf of the Chiluba government, he formally offered employment to Darkwater International.

Everything was as Chiluba guessed.

As expected, international mercenaries will do things as long as they are paid.

Darkwater International did not hesitate, immediately agreed to Modi's request, and promised to assist the Chiluba government forces in completely defeating David's rebels.

This made Modi secretly relieved.

However, when the reward was proposed, a serious dispute broke out between the two parties.

As international copper prices continue to slump and weaken, the Chiluba government's finances are unable to make ends meet.

Previously, the Chiluba government spent a large amount of money to maintain people's lives.

So the Chiluba government, currently, does not have much liquidity.

In addition, the government must maintain its dominance, and it will continue to purchase food from other countries to maintain people's lives.

This forces the Chiluba government to use its foreign exchange reserves cautiously.

For a variety of reasons, the Chiluba government hopes to use the right to use the unexploited Lunmwana copper mine as collateral to pay Darkwater International's commission.

This is a copper mine with excellent reserves and taste.

According to the stock price a long time ago, this copper mine was valued at approximately US$100 million.

The employment price negotiated between Modi and He Tianya was US$20 million.

The one-year employment contract can be terminated early if David's rebels can be defeated early.

Neither party has any objections to this.

However, when Modi proposed using the Lunmwana copper mine as employment fees, He Tianya mercilessly ridiculed him.

The value of 100 million US dollars was reduced to only one-fiftieth.

This made Modi furious.

These damn wild dogs.

If possible, Modi would really like to shoot He Tianya in the head.

But now that he had someone to ask for, he could only suppress the urge to kill.

"Dear Mr. Leader, I come to discuss business with you with the most sincere attitude, and I hope you can show true sincerity.

I think you should also understand the value of the Lunmwana copper mine. We will never use it as collateral unless we have no other choice. "

What a stupid gorilla.

If I encounter stupid guys like you, if I don't kill you severely, wouldn't I be just as stupid as you?

If I didn't know that you couldn't do anything, how could I take advantage of you?

In terms of black heart, He Tianya was deeply infected by Zhao Jiangchuan and had already reached a superior point.

In Modi's unwillingness, He Tianya grinned and rolled his eyes.

It's exactly the same as Zhao Jiangchuan's treacherous behavior.

he sarcastically said.

"Dear Minister, of course I understand the value of the Lunmwana copper mine, and we are sincere in accepting your employment.

However, even you yourself said that was the value in the past. Now that your regime is in serious chaos, who dares to come here to mine copper mines.

Once we get the copper mine, whether we can sell it is still a question.

So I think it's only worth $2 million now. "

"No, our rule will be restored to stability immediately. As long as David's rebels are defeated, the Lunmwana copper mine will still be worth 100 million US dollars."

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