The Rebirth of the Financial Hegemon
Chapter 52 The real purpose (Part 1)
There is a saying in China.
It probably means that what you think about will never come true, and whatever you are afraid of will always happen.
In the West, there is also such a law.
Known as Murphy's Law.
When a piece of bread hits the floor, it's always butter side down.
For Sonny, what he hopes most is to keep the Thai baht's front low, and what he fears most is that if the front low is penetrated, it will cause a magnetic attraction effect.
But in the end, the hopes were not realized and the fears were not avoided.
39.999...
40...
40.018...
40....
The Thai Baht's previous low has been broken, and it is no longer possible to construct a W reversal pattern.
Under the magnetic effect, the Thai baht began to enter an accelerated decline mode after breaking 38.128.
In just ten minutes, it went from 38.128 to below 40 points.
This is the magnetic field effect, which is a physical magnetic field reaction.
When the iron pin is too close to the magnet, the iron pin will inevitably be attracted to the magnet.
In the financial market, a similar phenomenon often occurs.
When a certain price is not far from a certain support or resistance point, then there is more than 80% probability that the price will eventually cross that support or resistance point.
Because market price changes depend on the psychological changes of market participants.
When pressure occurs, a person's psychological defense line will involuntarily shift to that critical point.
It's called the magnet effect.
Therefore, when the Thai Baht's previous low price of 38.128 was smashed through, the price of the Thai Baht was like a flood that burst its banks and could never be recovered.
Sonny closed his eyes weakly.
Every time the baht falls by one basis point, the wealth of tens of millions of people in this country is being looted.
As the governor of a country's central bank, his responsibility is to safeguard the country's financial order and protect the people's wealth security.
However, he didn't do it.
He could only watch as his country descended into hell.
How much will it be after 40...
Sonny didn't know.
But he knows that there are new lows below new lows.
In a situation of no return, no one knows where the lowest point is.
Maybe 40, maybe 50, maybe 100...
Sonny's heart was filled with sorrow, and besides the sorrow, he was filled with hatred.
But no matter how sad and resentful it is, it's already too late.
He is just the governor of the central bank.
He is unable to decide the struggle for upper-level power, and he is unable to accuse those traitors who transfer wealth when the country is in crisis.
if...
It's a pity that there is never if in this world.
When Sonny closed his eyes tiredly, Vice President Kuan was dejected and blamed himself.
"President, I'm sorry..."
Sonny was unable to open his eyes.
Those eyes were full of deathly darkness.
After a long silence, Sonny spoke.
"How much money is left."
"Less than 600 million."
Suddenly, Sonny wanted to laugh.
He wanted to have a good laugh.
Thailand, the leader of the Four Little Tigers, actually has less than US$600 million left.
And this US$600 million was borrowed from others.
"Haha... less than 600 million... haha..."
...
Post-holiday syndrome is a term that many people are familiar with.
I can't muster the energy to go to work, I don't want to move, I don't want to work.
These are all reactions to post-holiday syndrome.
The seventeenth day of the first lunar month.
Xianyu Zhao Jiangchuan, who had been on nearly 20 days of annual leave, also suffered from post-holiday syndrome.
It's not like this guy can't keep his spirits up.
He doesn't want to go to work.
He just wants to have sex.
Even though he has been doing what he loves to do for a few days, he still wants to continue doing it.
"Zhao Jiangchuan. I don't want it anymore..."
On the big bed, Ai Xiaoai frowned slightly, preventing Zhao Jiangchuan from attacking again.
Under the high-density charge, she already felt that her body had reached its limit.
But unfortunately, Zhao Jiangchuan is still alive and kicking like a little motor.
"ah!"
Ai Xiaoai screamed and collapsed on the bed.
With three plum blossoms in bloom, she could no longer hold on.
...
After a long time.
Zhao Jiangchuan lay on the bed like a dead dog.
Ai Xiaoai, who had regained her strength, was riding on his back, as if collecting her own spoils.
"Zhao Jiangchuan. If you know how to bully me, hum... do you dare to do it again in the future?"
Zhao Jiangchuan felt that his life was gloomy.
Why is it that no matter how tired a woman is, she can always turn defeat into victory?
After enough fun.
Ai Xiaoai leaned down and lay on Zhao Jiangchuan's back.
She rubbed her head against Zhao Jiangchuan's and said.
"Zhao Jiangchuan. If we do this, will I get pregnant?"
"What kind?"
"I hate it, what do you mean?"
"If you don't tell me, how will I know?"
"If you continue to be a gangster, I will ignore you."
"Haha. Now that I know I'm afraid, why did I do it earlier?"
"You still have the nerve to say that it was all your fault."
"Okay. Xiao Ai said I did it, so I can only admit that I did it. But...who did I do?"
Ai Xiaoai was furious.
She sat up and scratched and bit Zhao Jiangchuan's back.
"Shameless, gangster, bastard... I make you shameless."
"Xiao Ai. I was wrong, please let me go."
Like Elvis Presley's angry little love, the tossing Zhao Jiangchuan kept begging for mercy.
This guy gave in immediately.
The scratches on his back could not withstand such torture.
Unfortunately, begging for mercy is of no use.
Ai Xiaoai said reluctantly.
"You hooligan, you blame me for all the good things you did, you just know how to act like a hooligan, bastard, I'll beat you to death, bastard."
"Ah! It hurts so much, it hurts me so much..."
The world is quiet.
Ai Xiaoai was frightened amidst Zhao Jiangchuan's screams.
She said timidly when she realized what she had done.
"Zhao Jiangchuan. I'm sorry, I didn't mean it."
Ai Xiaoai's tone contained self-blame, distress and regret.
Because there were new scratches all over Zhao Jiangchuan's back.
Densely packed, like a twisted centipede.
These scratches were all made by Ai Xiaoai when she was out of control.
Unconsciously, Ai Xiaoai's tears fell.
She lay on Zhao Jiangchuan's back again and cried.
"Zhao Jiangchuan. How about we stop doing that in the future..."
What can Zhao Jiangchuan do?
There was nothing he could do.
Who knows that this little person of his own belongs to the cat year.
This little pain is nothing compared to not having that pain.
Zhao Jiangchuan said helplessly.
"Okay, okay. It doesn't hurt too much. It will be fine in a few days."
"Really? You didn't lie to me?"
"When have I ever lied to you?"
Ai Xiaoai felt something was wrong, she thought for a while.
"When did you not lie to me?"
"Gah..."
Classmate Zhao Jiangchuan didn’t know what to say.
Fortunately, Ai Xiaoai did not pursue this issue further.
She lowered her head and said.
"Zhao Jiangchuan. If you don't go to school, what will I do to you?"
"Miss me...hehe...didn't you say no to that!"
"Hate. That's not what I meant."
"Ok, I know."
"I know you still call me a gangster."
"..."
"Zhao Jiangchuan, you can't like other girls outside."
"Um."
"You can't look at other girls either."
"Um."
"If you have time, remember to miss me."
"Then what should I do if I miss that?"
"..."
Ai Xiaoai didn't know how to speak this time.
She found that it seemed that this problem was really difficult to solve.
Then...
Classmate Xiao Ai lowered her head and kissed the wound on Zhao Jiangchuan's back.
Because classmate Xiao Ai thought of a solution.
As long as you think about it once, it will be solved.
In this regard, classmate Zhao Jiangchuan expressed his approval with both hands.
ten minutes later.
Classmate Xiao Ai sat on Classmate Zhao Jiangchuan's lap with a blushing face.
"oh..."
...
Hongkong.
Office of the President of Standard Chartered Bank.
George King took the phone and dialed the number that couldn't be reached over and over again.
His heart was full of resentment. Every time he made a call, he would curse someone for being irresponsible.
It's been a whole month.
But someone seemed to have disappeared from the world and could not be contacted.
Oh, God!
I'm just a part-time worker, you can't be so harsh!
George King was disappointed again.
The number he had memorized long ago still didn't get through.
George King sighed and put down the phone.
He had a feeling of despair.
Encountering such a boss is really bad luck for eight lifetimes.
His boss, who doesn't lead by example and work conscientiously, is like a hen that spreads eggs.
At the critical moment, there is no shadow.
"Bang bang..."
knocking.
George King said weakly after hanging up the phone.
"Come in."
"Happy New Year, George!"
George King looked at the people who came in in disbelief.
At this moment, he suddenly felt so excited that he wanted to cry.
Oh, God.
You are so kind.
After confirming that he was not dreaming, George King changed his face.
He said to the calendar on the wall.
"Boss! I have to remind you that today is March 16th. In other words, more than three months have passed since the New Year. Even according to your Chinese festivals, one month has passed since the Spring Festival."
Zhao Jiangchuan shrugged and said sheepishly.
“We don’t have a calendar at home.”
George King was defeated.
What can he do when he encounters such a bastard boss?
He glared at Zhao Jiangchuan sideways, not wanting to say a word.
But Zhao Jiangchuan had no intention of letting George King go.
"George, why are you looking like this? Are you surprised or surprised to see me? Don't you have something to say to me?"
This time, George King couldn't sit still.
Having had enough, he couldn't help but said frantically.
"God! Don't you know how much money we have invested now? Seventy-eight billion U.S. dollars. My boss, you can't treat work as a child's play! Don't you think you should shoulder your due responsibilities! Take a month off , and you haven’t turned on the phone yet. Damn it, are you a salted fish fished out of the Pacific Ocean?”
"Ha ha..."
Zhao Jiangchuan didn't mind George King's outburst.
He laughed and walked up behind George King and patted George King on the shoulder.
"George, aren't you here? I believe in your ability."
This guy is winning people's hearts.
But knowing that Zhao Jiangchuan was trying to win people's hearts, George Jin's face softened.
He rolled his eyes and spoke.
"Boss, the Thai baht has completely lost its value. At present, the price has been hit to about 42. Yesterday, Thailand hoped to suspend the repayment period of the loan. I think I can't solve this problem."
Inter-peer lending business is a short-term turnover business between banks and financial institutions.
Low interest rates and no mortgage required.
And beneath these two properties there is another property.
That means the deadline is short.
Usually, this lending time will be within a week to a month.
The US$4 billion that Standard Chartered Bank lent to the Bank of Thailand was lent to the Bank of Thailand at the lowest interest rate among its peers.
time.
One month.
But Thailand's plan to maintain its currency failed as the baht's value collapsed again.
Now, Thailand can no longer afford the money to repay the lending funds from Standard Chartered.
George Jin said nothing, and Zhao Jiangchuan showed an extremely despicable smile.
he smiled.
"That's great. Since they want to delay, then of course we...have to agree, right? George. Haha..."
Bangkok.
Bank of Thailand.
Sonny endured his angina while calculating the funds currently available to the central bank.
After the value of the Thai baht was bombarded by the market to around 42, the selling in the market finally decreased a lot.
But the pressure on Thailand has not diminished.
Because the only U.S. dollars currently left by the Bank of Thailand can barely maintain daily currency circulation and exchange.
Once there is a large-scale capital outflow from Thailand, the central bank will no longer be able to exchange US dollars for Thai baht. At that point, the entire Thailand may go bankrupt.
"Ring ring ring..."
The phone on the table rang.
Sonny glanced at the phone, put down his pen and picked up the phone.
"Hello. I'm Sonny."
"Hello, President Sonny. I am George King from Standard Chartered Bank."
"Oh. Hello, Mr. Jin. I wonder if the board of directors of your bank will agree to our request for an extension."
"That's right. The board of directors held an emergency meeting at noon today. In view of the current situation in Thailand, we very much hope to help Thailand tide over this difficulty. So the board of directors approved Thailand's request for a loan extension."
"call..."
Sonny breathed a sigh of relief.
Today's Thailand is in a state of turmoil.
After repaying the loans from Sumitomo and Mitsui, the total funds available to all parties in Thailand are less than one billion US dollars.
If Standard Chartered does not agree to this repayment extension, Thailand will go bankrupt as a result.
so far so good.
Sonny smiled for a long time.
he said sincerely.
“Thank you very much for your bank’s support to Thailand, and thank you to the Board of Directors of Standard Chartered for their understanding and help to Thailand. Thank you very much!”
Sonny spoke, and George King took the words and said a little embarrassedly.
"President Sonny, I'm really sorry. I haven't finished what I just said. Since the department's investment business in the United States will allocate a large amount of funds in the near future, the board of directors finally agreed to suspend the repayment of part of the funds in Thailand. the term."
Sonny's heart sank to the bottom, and the smile on his face seemed to be frozen.
He swallowed and said bitterly.
"What's a part!"
"Two billion dollars."
It is indeed part of it.
Exactly half.
But where can we get so much money in Thailand now?
Sonny's fists clenched involuntarily.
But soon, he loosened his fist again.
"Mr. Jin, can you help us be more accommodating? Now..."
Sonny's tone was full of prayer, and that kind of prayer made George King feel a little unbearable.
This is the president of a country’s central bank.
But now, she was pleading with him in a pleading tone.
If you don't love this country so much, how can you give up your dignity as the president of a country?
George King didn't wait for Sonny to finish speaking, he immediately took over.
"President Sonny, we understand Thailand's difficulties very well. We are also very willing to help Thailand overcome this difficulty. So before, the company's board of directors proposed a compromise method, a method that can relieve Thailand a lot of pressure .”
Sonny was so excited that he asked quickly.
"any solution."
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