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MTL - The Rebirth of the Financial Hegemon-v3 Chapter 96 suicide
Bangkok Bank, Bangkok Commercial Bank, Fuji Bank, Sumitomo Bank...
When Li Yunsheng negotiated with Nithiva, all the banks in Thailand had long been threatened and lured by the Thai authorities.
Same as for Standard Chartered Bank.
Thai authorities require that information on customers with forward foreign exchange contracts be provided, and domestic banks are strictly prohibited from lending baht to international speculators.
Hong Kong, Boulder Capital Headquarters.
Zhao Jiangchuan had a sarcastic smile on his face after receiving the first news from Thailand.
It's finally here.
Customers who establish forward foreign exchange contracts in Thailand are often local Thais.
As long as the Thai authorities have these customer information, they can visit directly at the door.
What consequences?
Of course, it is sincere and fearful, and cowardly forms a group.
In the face of the state's violent machinery, who dares to resist?
Either go to the squatting room, or honestly close the position with the backhand.
Fools know how to choose.
The idea of the Thai authorities is good and beautiful.
If you want to decide the price of Thai baht, you must use the relationship between supply and demand to decide the outcome.
When the supply is reduced, the price of the baht will naturally be able to maintain.
Local banks are prohibited from lending money to international speculators, and international speculators cannot have a violent impact on the Thai baht.
Then let the domestic funds holding forward positions close their positions, and those liquidation orders will be transformed into the power to long the Thai baht.
Three birds with one stone.
Very nice plan.
In this way, the pressure on the Bank of Thailand will be reduced a lot.
Killer.
This is the trump card of the Bank of Thailand.
It is also based on this that the Bank of Thailand dares to play the plan.
If this counterattack can be used to defeat the attack of international speculators, the current situation in Thailand can be delayed for a while.
After Myanmar and Laos join ASEAN.
With the status of the baht in ASEAN, we can slowly calm down the various hollows of Thailand's rapid development.
But it was this that made Zhao Jiangchuan very sarcastic.
From a coercive perspective, he doesn't have to think about how ridiculous Thailand is.
The world is bustling, and benefits come and go.
Interest is the only factor that promotes the progress of human society.
If power is useful, then there will be no dynasties without thousands of years in human history.
Under the interests, there has never been a power that can always suppress.
People can only be shunned but not blocked.
The stronger the suppression, the more violent the outbreak.
Although Thailand's killer move can temporarily mobilize all of Thailand's comprehensive strength.
But fundamentally, it is self-defeating.
Any commodity has never had a constant price.
That random price movement is technically known as systematic 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 the same price forever.
Under this systemic risk, some export-oriented enterprises need to use hedging to avoid the risk of exchange rate fluctuations.
Take Thailand as an example.
When a company invests in Thailand, it needs to convert the national currency into Thai baht.
After investing, its holdings are Thai baht assets.
However, because the Thai baht has systemic risks, the company needs to defend against such systemic risks by selling the Thai baht in the forward market.
If the price of the baht rises, the foreign exchange forward position will lose money, but the asset will also appreciate.
The opposite is also true.
This hedging and 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.
By closing the baht hedging contract, the risk of baht assets will be uncontrollable.
What is capital for?
Making money, chasing profit.
Under huge capital, that profit can even blur the national boundaries.
Once there is a risk, profit-seeking capital will immediately withdraw.
If you have money, you will be an uncle wherever you are.
You don't have to play at home, I can't go to another place to play.
As long as outside investors feel threatened, they will be desperate to withdraw from Thailand.
This is just one of them.
Foreign investors cannot hold more Thai baht assets than the Thai people.
It is good that the Thai baht can hold the line of defense.
Once you can't keep it, the Thai people will suffer the most from being raped by international capital.
Shengdou common people will not consider any national interests, and any government will have no food if they do not work.
With Thailand's democratic system, once people's property is damaged, they will definitely go to the bank to exchange their Thai baht at all costs.
Until then, it will be the end of Thailand.
This is exactly what Zhao Jiangchuan feels most ironic about.
Ordinary people, with so much money, would not consider the issue of asset depreciation.
But the rich are different.
Most rich people or entrepreneurs will use different ways to avoid asset depreciation.
The use of various financial instruments is one of the common means to avoid the shrinking of wealth.
But once the foreign exchange position for hedging risks is forced to close by the Thai authorities, then...
There is only one possibility.
Immigrants run.
Because Thailand is a military government country.
Under the royal family, a lot of wealth is in the hands of major military and political families.
In addition, it is the major multinational businessmen and some stars.
These are often the groups that like immigrants the most.
Just like the former Soviet Union.
The ruble carried out financial control under the attack of international capital, but in the end, this control caused a large number of domestic capital to flee from the Soviet Union frantically.
Because the risk is limited, the risk of the ruble is fully exposed.
finally.
The Soviet Union collapsed, the ruble collapsed, and the people took over.
It's so beautiful to think.
Unfortunately, no matter how beautiful you think, it is useless.
Why bother, to play with something you don't understand.
Seek your own way.
In the office, Zhao Jiangchuan sighed.
It's just that his face is full of coldness.
Cold enough, like a butcher.
A butcher who killed millions.
Bangkok.
Boulder Asset Management.
Robert Baden-Powell was lying comfortably on the leather sofa.
Between his legs, a slender, dark-skinned, long-haired woman was burying her head there.
The woman's hair was so long that she couldn't see her face clearly.
This made Robert a little dissatisfied.
He shifted slightly, raised his hand and gathered up the hair of the woman in front of him.
A slightly dark face was exposed in front of Robert's eyes.
Danfeng has triangular eyes, a high nose bridge, and a very plump lip.
In the eyes of Chinese people, this face is the kind of face that cannot go to the hall.
But in Robert's eyes, this is the real peerless beauty.
The two did not speak.
But when Robert pulled up the woman's hair, the woman gave him an extremely seductive look.
Then, he bent his head down again and worked harder.
"Oh......"
"Ring Ling Ling,..."
Robert involuntarily called out ~www.novelbuddy.com~ but before he could savor the pleasure, the satellite phone on his hand suddenly rang.
Robert shivered with fright.
Only one person can call this phone.
He didn't dare to have any delay, and immediately pressed the answer button in the shortest time possible.
"Radish head, I hope there is no good thing to disturb you. If there is, then I can only say I'm sorry."
How can Robert dare to accept this.
The apology on the other end of the phone, he didn't dare to take a hundred courage.
Robert laughed dryly.
"No, no... oh..."
"Okay, it looks like I'm fighting at the wrong time, but Radish Head, I have some unfortunate news for you, your vacation is over."