The Rebirth of the Financial Hegemon

As we all know, the final value of goods depends on the market.

Quality and price are the main factors that determine the competitiveness of items.

The same goes for currency.

This exchange symbol itself has no value, and the purchase value attached to it is reflected in its issuing body.

It is affected by many factors such as technology, military, foreign exchange reserves, and political stability.

The United States, as the world's most powerful country and the largest economic system.

The currency it issues, the U.S. dollar, naturally has an irreplaceable and important position.

When the U.S. dollar index strengthens, it means U.S. dollar assets are also appreciating.

This appreciation will drive a large amount of value-preserving capital and safe-haven capital to flow to the United States.

Liquid capital pursues profits. Under interests, no country or individual can completely control the flow of capital.

When global capital flows to the United States, some developing countries will inevitably come under pressure.

Regardless of the economic type, when calculating value, it is ultimately driven by capital.

Value is given by capital.

The simplest analogy can be understood as the stock market.

When the fundamentals of a listed company are good, theoretically speaking, its stock will inevitably attract a large amount of funds.

But the funds (wealth) of the Earth Kingdom are actually fixed.

If the stock price of a giant company like ICBC (USA) starts to strengthen, it will inevitably draw the blood of the listed countries of the Earth.

Money is the blood of people and the blood of a country.

When Qi and blood are abundant, symptoms will be covered up by Qi and blood.

But when Qi and blood decline, all kinds of diseases will surface.

When people are young, they don’t see many diseases, but when they get older, various diseases become more severe. It’s a similar principle.

In the blood draw of dollars,

Southeast Asian countries, which rely on external capital for promotion, bear the pressure of blood being drawn out.

In order to alleviate this pressure, we must find ways to maintain the rate of capital outflow.

The best way is naturally to improve productivity and upgrade technology.

But none of this can be accomplished overnight.

In the entire Asia, the only country that can rely on productivity and technological upgrading without the outflow of dollars is Japan.

In terms of agriculture, Japan's highly mechanized planting methods and reasonable management models have allowed Japan's agricultural output to rank third in Asia.

But in terms of average output, Japan's agricultural output ranks first.

As for Japan's technology industry, it ranks first in Asia.

When the yen composite index weakens, it means that the prices of all goods exported by Japan are falling.

High-tech, high-tech, high-yielding agriculture.

When one of the top three companies chooses to cut prices, the impact on the economies of other countries is simply a nightmare.

Individuals are ultimately selfish.

When a high-quality and low-price product is placed in front of you, any fool will know whether to buy an expensive product with poor quality or a cheap product with good quality.

There is pressure from capital outflows internally, and there are external threats that reduce the ability of exports to earn foreign exchange.

With the two ghosts knocking on the door, the economic development of Southeast Asia has come to an end.

However, people cannot recognize their location in the sea.

Just like investors in the stock market, when the pot of money earned in the bull market is full, they have long forgotten that the bull market may end.

Even though the two ghosts knocking on the door have seriously threatened their own foundation, the countries in Southeast Asia still cannot see the truth clearly.

Or, they see the truth clearly and are unwilling to admit it.

Or, even if you want to admit it, you can’t do anything about it.

So they made a choice, the only choice.

Retain capital by giving higher returns to capital.

It's a bit like P2P, which became known to everyone later.

Unfortunately, thunder often explodes from within.

When the Thai government chooses to raise deposit rates to prevent capital outflows, it will inevitably cause heavy damage to the domestic financial market and real estate.

Some value-preserving capital will be withdrawn from the stock market and real estate due to rising deposit and loan interest rates.

When a car goes in the opposite direction, it is said to be driving in the opposite direction.

The Bank of Thailand's choice to raise interest rates is a complete fool's errand in the eyes of international capital.

However, this also allowed international capital to see clearly the purpose of the Bank of Thailand.

It is unwilling to abandon the fixed exchange rate system.

To use a ridiculous metaphor, the Bank of Thailand is unwilling to be tricked into being a leek.

Thailand's income generation mainly relies on exports.

If the fixed exchange rate cannot be maintained, the only way is devaluation.

But if it depreciates, it means that the prices of agricultural products exported by Thailand are falling.

Thailand, which is not very strong in agricultural production, will seriously affect the profits of export products if it is sold at reduced prices.

In order to maintain sufficient export profits, it can only choose to maintain a fixed exchange rate.

When all kinds of factors come together, the general trend is irreversible.

International capital knows it, and Zhao Jiangchuan knows it.

But because the understanding of finance is still too superficial, only the Thai government, which is deeply involved in it, has not yet realized it.

After Zhao Jiangchuan received the news of the Bank of Thailand raising interest rates, he immediately held a conference call with Jushi Capital.

"Liu Qiang, continue to increase the short position size on SET without controlling the position ratio.

According to the current trend of the US dollar, the Bank of Thailand will definitely continue to raise interest rates to curb capital outflows. If they want to maintain the exchange rate, they have no choice at all..."

"Xiaoyue, ask the Hong Kong Trading Department to establish a long position on the Thai baht forward contract, with the scale tentatively set at US$50 million."

"Robert, speed up lending to the Bank of Thailand and use leverage to the maximum before they react..."

"..."

Under Zhao Jiangchuan's series of orders, various departments began to execute the orders in an orderly manner.

No one asked why.

At Jushi Capital, Zhao Jiangchuan’s order is the highest order, and all they have to do is strictly implement it.

When the conference call ended, Liu Qiang, Fang Zhongyuan, Robert and others went offline, leaving only Li Xiaoyue still on the call.

It has been more than two months since Zhao Jiangchuan left Hong Kong.

Although it doesn't last long, for a woman, she will miss her man very much when he is not around.

Especially Li Xiaoyue.

Before she was with Zhao Jiangchuan, her world was bleak.

Live, just for the sake of living.

She didn't dare to hope for feelings or think about her future.

There is no way to even go back to the home where she was born and raised.

It was Zhao Jiangchuan who drove away her nightmare. At that moment, she became a complete woman.

There was light in her world.

Body and mind, only Zhao Jiangchuan was left at that moment.

After not seeing each other for two months, the longing accumulated like a tide.

Even though the two usually communicate on the phone, Li Xiaoyue would never have too many conversations with Zhao Jiangchuan.

"Jiangchuan..."

When no one was around, Li Xiaoyue changed her name.

Just these two words in the name.

But the deep longing and attachment in that tone could be heard by even a fool.

Zhao Jiangchuan could naturally hear it,

After chatting casually about daily life, Zhao Jiangchuan asked with a naughty smile.

"Baby, do you miss me?"

"Um…."

Not being able to see each other through the phone made Li Xiaoyue let go of her shyness.

She bravely admitted her thoughts.

This soft hum made Zhao Jiangchuan feel satisfied and ashamed, and also felt doubly missing.

Li Xiaoyue, who lives in the Jiangnan water town, has always had a gentle temperament. If she didn't miss her terribly, she would never admit her longing easily.

Zhao Jiangchuan felt both sweet and sour in his heart.

If it weren't for the fact that he couldn't return to Hong Kong for the time being, he really wanted to fly back immediately and have a romantic relationship with Li Xiaoyue.

"Xiaoyue, I'm sorry..."

"Don't say you're sorry. I know that a man should put his career first. If you talk to me when you have time, I'll be very satisfied..."

"..."

Ten minutes later.

The two ended the call.

Zhao Jiangchuan leaned back and sighed.

It's hard to like one person, it's fun to like two people, but it's not fun at all to like too many people.

Ouyang Lan, Li Xiaoyue, Ai Xiaoai, and Li Hanruo.

He wants to possess every woman, and he doesn't want to leave every woman for a moment.

Zhao Jiangchuan had to admit that he was indeed quite a scumbag.

When the scumbag Zhao Jiangchuan sighed, Ouyang Lan came over with a glass of water.

The little secretary gently hugged the capitalist's neck and brought the water to Zhao Jiangchuan's mouth.

"Boss, do you miss Sister Xiaoyue?"

"Um."

The scumbag is indeed a scumbag.

Zhao Jiangchuan did not hesitate and nodded.

"I miss Sister Xiaoyue too. When can we return to Hong Kong?"

"It should be soon. I will definitely go back before the end of the year."

"Boss, can we go back early? It's so pitiful for Sister Xiaoyue to be alone in Hong Kong."

"As soon as possible. I have to go to Singapore later. If not, I can go back and take Xiaoyue with me."

"Yeah….."

“…..”