I was the owner of the Lakers
Chapter 105
At this time, the phone in Soros’s office rang, “Boss, we have detected that there is a $30 billion leveraged fund following us in Taiguo, do you want to kick these hitchhikers down first.” ”
“Hmm… No, this Southeast Asian financial crisis has many institutions are operating with us, the reason why we can achieve such good results now, is inseparable from the support of these funds, we now eat meat, we have to let them drink soup. Soros’s deep voice passed.
Xiao Yang didn’t know that his $1.5 billion had just almost gone down, and once Soros had just decided to kick him out of the car, his little capital would not be able to withstand the huge waves in the market.
Xiao Yang was still enjoying the massage of the little assistant, and the soft little hands and the plump touch on the back of his head made him almost fall asleep.
……
“Look, there’s something unusual about this fluctuation,” Teper shouted, pointing to a computer screen toward the other 340 people.
“Huh? It seems that the Pacific government has suddenly reduced the exchange of dollars in the foreign exchange market? They want to withdraw from the battlefield,” Paulson exclaimed.
“Everyone cheered up, the decisive moment arrived, luxury cars, mansions, or work in vain, it depends on now.” Paulson applauded, signaling the crowd to concentrate.
“Boss, there seems to be movement, yes~” Leah gently pushed Xiao Yang, who was dozing, and motioned for him to see that everyone else was starting to get busy.
“John, what’s wrong?” Xiao Yang rubbed his eyes and walked behind Paulson.
“There are fluctuations in the exchange rate market of the Pacific country, as if the central bank of the Pacific Kingdom has given up continuing to buy Thai baht, and their foreign exchange reserves of more than 30 billion US dollars should have been spent.” Paulson didn’t look back, his eyes were still glued to the computer screen, and now was the moment of truth, and not a single (chcd) decimal point error would work.
Countless financial institutions large and small in the world are like great white sharks that smell blood, and all the large and small funds rushed to the Pacific Kingdom at one time.
The already fragile exchange rate system of the Tai Kingdom can no longer withstand the impact of this financial wave, like a of tofu dregs, breaking the dike before the monstrous flood without the slightest resistance.
“Look, the government of the Pacific Kingdom has released the news,” shouted Chelman, who was in the news.
Paulson also immediately looked at the screen of another computer next to him, on which was a scrolling live broadcast by Bloomberg.
Prime Minister Chavali Yongchaiyu announced to the people that the Central Bank of Thailand officially abandoned continuing to buy Thai baht, and the exchange rate of Thai baht against the US dollar will be determined by the market, and called on the Thai people to trust the government and maintain confidence in the Thai baht.
“It’s us, haha, Tai Guo gives up,” Paulson said excitedly.
The whole office was also cheering, finally, these people worked hard to follow the financial giants of Soros to enter the layout, walking on thin ice through the most difficult period of more than a month, and now it is finally time to receive the goods, victory is at hand, and it is about to be touched.
Sure enough, after the Thai government officially announced the abandonment of the Baht exchange rate, the Thai baht exchange rate fell straight from the sky like a dive.
As soon as the Thai baht exchange rate fell, those European and American financial institutions that had previously lent money to the Pacific people have cooperated to collect debts and ask the Pacific people to repay the loan in advance.
Banks ran out, stock markets plummeted, and title deeds went from hard currency showing wealth to blank sheets of paper that no one cared about.
Wall Street financial giants greedily acquire various bonded assets and buy high-quality assets such as stocks, land, hotels, office buildings and large corporations at polar prices.
Ether’s financial system suffered a devastating blow in an instant, and financial institutions that had previously shorted the baht began to cash out.
The Tinder Hedge Fund is in a joyous atmosphere now, in stark contrast to dozens of minutes ago.
“John, how much money did you earn this time” Xiao Yangle’s mouth was closed, this time it was really a bicycle turned into a Rolls-Royce, and he was indeed the chosen son.
“Haha, it’s being settled, but I estimated that your twenty-fold leverage can make at least more than seven billion dollars in profits, and your headache now should be taxes.” Paulson is also very excited at the moment, seven billion US dollars, it is this wave, his operation will definitely be recorded in the history of Wall Street.
The taxes of the United States are collected globally, and the more he earns, the more he pays, and if Xiao Yang does not take the money he earns this time to invest and spend it, he will even have to pay more than a billion US dollars to the US government.
But if he continues to invest in the industry, he can be tax deductible, and if the operation is good, he can even pay a penny.
“Damn, this is forcing labor and management to buy and buy” Xiao Yang shook his head with a smile, but it didn’t matter, he originally planned to invest in other businesses after this time, but now it’s not over, the financial crisis is not only too country.
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