MTL - The Rebirth of the Financial Hegemon-v3 Chapter 95 Tiankeng 1-like pit

Losses are unavoidable in the market.

No one can guarantee that their investment direction will be correct.

JP Morgan can't, Livermore can't, Robinson can't, Soros can't.

Of course, neither can Stanley Druckenmiller.

According to the previous comprehensive analysis of the Quantum Fund team, the Thai baht should not be able to sustain its depreciation.

But in fact, not only did the Thai baht not depreciate as analyzed, but it shrank the downside.

One is the long-term tracking analysis of the team, and the other is the results given by the market.

two very different directions.

It is these two very different directions that make Druckenmiller very entangled.

The market has two directions.

Either up or down.

Simple.

But this is as simple as yin and yang.

It seems simple, but it is so complicated that people can't see it clearly.

It's so simple that you can't even tell if you're right or wrong.

Synthetic judgment is telling Druckenmiller that his analysis is correct.

But the market is telling him again that he is wrong.

If correct, the Quantum Fund's position should not be in the red.

Druckenmiller's brow furrowed deeply.

He rubbed his eyebrows with his hands, constantly deducing every link of the strategy in his mind.

Attacking the baht is because the baht is the weakest link in the Southeast Asian monetary system.

Financial market freedom in Thailand is very high.

Almost unrestricted capital flows, while attracting strong liquid capital, are tantamount to a completely defenseless city.

To some extent, Thailand is imitating the economic trajectory of the United States.

There's nothing wrong with this one.

America's global economic position can be said to be driven in large part by its highly prosperous financial sector.

A hundred years ago, the United States was only average in the world.

However, with the rapid development of the financial industry, the economic strength of the United States has undergone a qualitative leap.

The financial industry is like the most beautiful magic in the world.

Relying on the most advanced financial means, the United States defeated the Soviet Union, which was unmatched militarily.

The ruble collapsed across the board and the Soviet Union disintegrated.

The United States has become a global hegemon.

The biggest feature of the US financial market is a high degree of freedom.

Capital of any country can flow freely in the U.S. financial market.

What it brings is the influx of global capital to the United States.

In this regard, Thailand is very accurate.

After Thailand fully liberalized its financial market, global capital has also flowed into Thailand rapidly, promoting Thailand's economic development.

Thailand has emerged as a leader among the Asian miracles.

However, Thailand has neglected its own strength when imitating the United States in creating a highly liberalized financial market.

It's like a small wooden barrel, but it wants to hold the water of the big river.

That would blow up.

This is also the logic behind Druckenmiller's bearish view of the baht.

When the river burst its banks, the water in the small wooden barrels had to be swept away.

With Thailand's strength, it is impossible to block the embankment like the United States.

The political structure of ASEAN, the expansion of the circulation of the Thai baht, the bad debt ratio of banks after the collapse of the Thai real estate industry, the blood draw of emerging market countries due to the strengthening of the US economy...

Druckenmiller frowned and went over everything again.

These things, Druckenmiller has long been aware of.

But no matter how he reviewed the market, he still couldn't find the logic that the Thai baht could stick to.

It is BOT who takes over the Thai baht selling order, and Jushi Capital who opens the elastic range of the Thai baht...

Boulder Capital?

Druckenmiller was suddenly stunned.

He found that the Quantum Fund's previous analysis seemed to have overlooked something.

In the early strategic plan for the baht, the existence of Boulder Capital was not considered at all.

At that time, they agreed that there was no way to have funds to take over the Thai baht other than BOT.

However, now, after breaking through the elastic range of the Thai baht, Jushi Capital has slashed backhand into the shorts that followed.

Damn boulder capital.

Druckenmiller finally knew why he had been uneasy.

Boulder Capital collapsed inexplicably outside of his plan.

If it is a general small capital, it is simply not enough to make any impact in this level of duel.

Boulder Capital is different.

The acquisition of Standard Chartered means that more than one billion US dollars can be drawn from Standard Chartered Jushi Capital alone.

It's not terrible.

What's really scary is that no one knows how strong Jushi Capital is.

The unknown is always scary.

Not seeing the true face of the enemy will always make people subconsciously nervous.

After Druckenmiller discovered the planned blind spot, his pupils could not help but shrink together.

One thing Druckenmiller is sure of.

Boulder Capital dares to participate in this level of competition, and dare to kill opponents and teammates in the long and short camp.

The strength is definitely not ordinary.

And people who can control such a large amount of funds will never be fools.

Compare your heart with your heart, and save others with yourself.

Druckenmiller began to replace himself in the position of Boulder Capital to deduce.

Then......

He was shocked into a cold sweat.

"Robbie, Robbie, clear our position immediately, hurry up..."

After figuring out one thing, Druckenmiller immediately picked up the phone and called his assistant.

His strong intuition told him that something would definitely happen.

That is Drucken's innate intuition, and it can be said that it is an instinct that he has honed in the long-term market competition.

This kind of instinct without scientific basis has appeared countless times in Druckenmiller's career.

But never once has it been as strong as this time.

Intuition is telling him that there is a pit ahead.

A huge pit like a tiankeng.

But unfortunately, Druckenmiller's response was slow.

Thailand, Bangkok.

A Thai man in a police uniform walked into the Standard Chartered Bangkok branch with a dozen police officers.

Soon, Li Yunsheng, the head of Standard Chartered in Bangkok, came out quickly.

Not too much hospitality.

After a brief negotiation, the Bangkok police revealed their intentions.

Therefore, Li Yunsheng is very embarrassed.

If the Bangkok police want something, they can't give it out easily.

Li Yunsheng frowned.

"Superintendent Nitiva, customer information is the top secret of our bank. I think it is very difficult for me to fulfill your request."

"Mr. Li, I think you are also aware of the current situation in Thailand, so I hope you can cooperate with our work, that is, the customer information of a few forward foreign exchange contracts. I don't think it will cause any loss to your bank."

"I'm sorry, I really can't give you this. It's about the reputation of our bank. I'm really sorry."

"Mr. Li, I admire your professional ethics, but your refusal makes me very embarrassed."

Li Yunsheng has been in Thailand for five years.

In the past five years, he is very clear about the nature of these military police in Thailand.

When Nithiva was embarrassed, he gave Nithiva a wink.

Then, the two walked quietly to a corner where no one was there.

Li Yunsheng took out his wallet, took out a dozen US dollars with a face value of one hundred and handed them to Nithiva.

"Bringing the brothers out to carry out the task is hard work, don't be polite, just treat everyone as me for tea."

Nithiva didn't look surprised, he showed his yellow teeth and took the dozen or so dollars bluntly.

Then, the two pretended to call each other brothers and chatted for a few words before talking about the main topic.

"Li, I can't help you this time. The above has already issued a dead order, so that we must obtain the customer information of those who hold forward foreign exchange contracts in your hands. Otherwise, I will not be able to deliver the goods when I go back."

"Is it all?"

"It's up to you."

"..."

Li Yunsheng was silent for a moment, then took out his wallet again and took out all the dollars in it.

He handed the money to Nithiva ~www.novelbuddy.com~ and said.

"Wait for me a few minutes."

"Okay, I'll wait for you in the hall downstairs."

A few minutes later, Li Yunsheng handed a printed A4 paper to Nithiva.

When the two looked at each other, they smiled together.

"Close the team."

Nithiva is gone.

Without any delay, Li Yunsheng trotted back to the office immediately.

After locking the door, he picked up the encrypted satellite phone in the safe and dialed a number.

Soon, the call was connected.

"...Yes, just now the Bangkok police brought someone over and took the customer information on the forward foreign exchange. Well, I understand...Yes, I got it."