The Rebirth of the Financial Hegemon

Bangkok Bank, Bangkok Commercial Bank, Fuji Bank, Sumitomo Bank......

When Li Yunsheng was negotiating with Nitiwa, all banks in Thailand had already encountered coercion and inducement from the Thai authorities.

Same requirements as Standard Chartered Bank.

The Thai authorities require that customers with forward foreign exchange contracts must provide information and strictly prohibit domestic banks from lending Thai baht to international speculators.

Hong Kong, Jushi Capital headquarters.

After Zhao Jiangchuan received the news from Thailand as soon as possible, a sarcastic smile appeared on his face.

What was supposed to come eventually came.

Customers who establish forward foreign exchange contracts in Thailand are often local Thais.

As long as the Thai authorities get these customer information, they can visit them directly.

What are the consequences?

Of course, they were terrified and cowardly.

Facing the state's violent machine, who dares to resist?

Either go to jail or close the position honestly.

Any fool knows how to choose.

The idea of ​​the Thai authorities is very good and beautiful.

If you want to determine the price of the Thai Baht, you must use supply and demand to decide the outcome.

When the supply decreases, the baht price will naturally be able to maintain.

Local banks are prohibited from lending money to international speculators, so international speculators cannot have a violent impact on the Thai baht.

If domestic funds holding forward positions are allowed to close their positions, those liquidation orders will be transformed into the power of long Thai baht.

Kill three birds with one stone.

Very good and beautiful plan.

In this way, the pressure on the Bank of Thailand will be reduced a lot.

The killer weapon.

This is the trump card offered by the Bank of Thailand.

It is precisely based on this that the Bank of Thailand dares to play the Leaky Cauldron Plan.

If this counterattack can defeat the attack of international speculators, Thailand's current situation can be delayed for a while.

After Myanmar and Laos join ASEAN.

With the baht's status in ASEAN, it can slowly smooth out the various hollows in Thailand's rapid development.

But it was precisely this that made Zhao Jiangchuan very sarcastic.

From a cheating point of view, he knew how ridiculous Thailand's trump card was without having to think about it.

The world is bustling with things coming and going.

Interest is the only factor that promotes the progress of human society.

If power was useful, there would be thousands of dynasties in human history.

Under interests, no power can always suppress.

People's hearts can only be relaxed but not blocked.

The stronger the suppression, the more violent the outbreak will be.

Although Thailand's trump card can temporarily mobilize all of Thailand's comprehensive strength.

But fundamentally, it is seeking death.

There is never a constant price for any commodity.

That kind of irregular price movement is technically called systemic risk.

Currency is a symbol of wealth.

But it is also a kind of commodity.

It is an evolution of barter.

Therefore, the value of any country's currency cannot remain unchanged forever.

Under this kind of systemic risk, some export-oriented companies need to use hedging to avoid risks caused by exchange rate fluctuations.

Take Thailand for example.

When a company invests in Thailand, it needs to convert the local currency into Thai Baht.

After the investment, it holds Thai baht assets.

However, because there is systemic risk in the Thai baht, this company needs to resist this systemic risk by selling Thai baht in the forward market.

If the baht price rises, although the foreign exchange forward position will lose money, its assets will also appreciate.

Vice versa is also true.

This hedging transaction can lock the risk of Thai baht assets within a controllable range.

However, if the Thai authorities do this, those large capitals will feel huge risks.

If the Thai baht hedging contract is closed, the risk of the Thai baht asset will be uncontrollable.

What is capital for?

Those who make money, those who pursue profits.

With huge capital, that profit can even blur the boundaries between countries and ethnic groups.

Once there is a risk, profit-seeking capital will immediately withdraw.

If you have money, you will be a master wherever you go.

If you don’t have time to play at your house, it’s not okay for me to play at another house.

As long as outside investors feel threatened, they will withdraw their capital from Thailand at all costs.

This is just one of them.

No matter how much Thai baht assets foreign investors hold, they cannot hold more assets than the Thai people.

It’s good that Thai Baht can hold the line of defence.

Once it fails to hold on, it is the Thai people who will suffer the most and be raped by international capital.

Only ordinary people will not consider national interests. Any government that does not work will have no food to eat.

Under Thailand's democratic system, once people's property is damaged, they will go to the bank to exchange their Thai baht at all costs.

Until then, it will truly be the end of Thailand.

This is what Zhao Jiangchuan finds most ironic.

Ordinary people, with so much money, don't think about the depreciation of assets.

But it's different for rich people.

Most wealthy people or entrepreneurs use different methods to avoid asset depreciation.

The use of various financial instruments is one of the common methods to avoid the shrinkage of wealth.

But once the foreign exchange position for hedging risks is forced to be liquidated by the Thai authorities, then...

There is only one possibility.

Immigrants run away.

Because Thailand is a military junta country.

Under the royal family, a large amount of wealth is in the hands of major military and political families.

In addition, there are major multinational businessmen and some celebrities.

These are often the groups most attracted to immigrants.

Just like the former Soviet Union.

The ruble implemented financial controls under the attack of international capital, but in the end this control caused a large amount of domestic capital to flee frantically from the Soviet Union.

Because the risk is restricted, the ruble's risk is fully exposed.

finally.

The Soviet Union collapsed, the ruble collapsed, and the people took over.

What a beautiful thought.

It's a pity that no matter how beautiful you think, it's useless.

Why bother, playing with something you half understand.

You're looking for death.

In the office, Zhao Jiangchuan was sighing.

But his face was full of coldness.

As cold as a butcher.

A butcher who killed tens of thousands of people.

Bangkok.

Jushi Asset Management.

Robert Baden-Powell was lying comfortably on the leather sofa.

Between his legs, a slim and dark-skinned woman with long hair was burying her head there.

The woman's hair is very long, so her appearance cannot be clearly seen.

This made Robert a little dissatisfied.

He moved slightly and raised his hand to gather the hair of the woman in front of him.

A slightly dark face was exposed in front of Robert.

Danfeng has triangular eyes, a tall nose, and a very plump lips.

In the eyes of Chinese people, this face is the kind of face that cannot be used in the hall.

But in Robert's eyes, this is a truly peerless beauty.

The two of them didn't speak.

But when Robert picked up the woman's hair, the woman gave him an extremely seductive look.

Then, he lowered his head and worked harder.

"oh......"

"Ring, ring, ring,..."

Robert shouted involuntarily.

But before he could savor the pleasure, the satellite phone next to him suddenly rang.

Robert shivered with fright.

This phone can only call one person.

He didn't dare to waste any time and immediately pressed the answer button as quickly as possible.

"Carrot head, I hope I didn't disturb your good things. If it did, then I can only say I'm sorry."

How dare Robert accept this.

He wouldn't dare accept the apology on the other end of the phone.

Robert laughed dryly.

"No, no...oh..."

"Well, it seems that I hit you at the wrong time, but Carrot Head, I have some sad news for you. Your vacation is over."