275-Hou Rua, the Thief of the Country

The woman in black was drinking tea before she received Mr. Lei's call.

Alia is looking at the tiger and the crocodile, and the woman in black is looking at a dog…

It really is a dog, to be exact, it is the current Marshal of the Royal Siamese Air Force, the pet dog of the King of Thailand.

That’s right, the Siamese Air Force Marshal is a pet dog - this matter has even been officially notarized by Siam, and the other party also has a special marshal uniform.

"Did his princess really have an affair with the former Air Force Marshal?"

The woman in black was really curious, so she turned around and asked an old lady who was burning paper money nearby.

The latter sighed: "Why do you ask when you already know the answer? Does it matter whether he cheated or not?"

Of course, feelings are not important, and extramarital affairs are not important either. What matters is that the military was severely suppressed once.

As for the fact that the price he paid was his reputation and his wife, the King of Thailand did not feel any psychological pressure at all.

After all, he felt that he was still young and strong, but his four children had already grown up, so he had to find a way to solve the problem.

Otherwise, his sons will come up with the whole story of "How can there be a prince born in XX year in the world?" and give him a Zheng Xin-style surprise. How will he be able to live like that?

So the world where only the military and the princess's family were hurt is complete...

Four outstanding adult heirs were expelled from the country and replaced by a mentally retarded child who would never threaten his father's position.

I can also replace my old wife with a new one. It makes me happy just thinking about it.

The suppression of the military was just a byproduct. Even if the Siamese Air Force was not suppressed, it would still need him to provide legal support. It can only be said that he was very stubborn.

This set of operations is probably one of the few highlights of the Thai king's political scheming in his life, comparable to Li Longji beheading his three sons in one day on the Lantern Festival.

The woman in black stopped talking and looked at the pet dog that was whimpering and not daring to bark: "It dared to bite you before. A dog that bites its owner cannot be kept. Why don't you kill it?"

"Its owner is not me."

"It is now."

"I'm old." The old lady sat down, holding a stack of paper money in her hand, and put it into the stove from time to time.

"Hasn't your brother only been on the throne for a few years? Seven years?"

"What do you want? I can't stop you. Take it all... take it all..."

The woman in black stopped talking. She took a sip of tea, looked around, and didn't say what she wanted.

This is a place that looks like a temple but is actually a crematorium.

The crematoriums in Siam basically look similar to temples, the only difference is that they have a very tall and slender chimney.

There are indeed temples around, but it is obvious that the temples are separated from here. This place is lonely. If it were not for their special identities, there would probably be few people coming here.

The reason why the crematorium was built like a temple is because Siam is densely populated and there are basically residential areas wherever there are temples.

So in order to make the residents around feel more comfortable, the crematoriums were made more magnificent, even more magnificent than the temples themselves.

This way it doesn’t look so disgusting at first glance - it’s just that many literary tourists who don’t know about it think this temple is very beautiful.

Then I took photos in these spooky places and was criticized behind my back by Siamese people more than once or twice...

As for why temples are involved in birth, aging, sickness and death, it is naturally related to the religious beliefs of Buddhism.

"Do you think he went to reincarnation or to paradise?"

"...Do you really have to mock him like this? He has already passed away. There is a saying that death is the greatest thing."

"There is another saying, called——"

The woman in black was about to say something, but when she saw the tears in the old lady's eyes, she finally shook her head and didn't continue.

"We won't seek revenge. We are also responsible for what happened... Even if she wasn't there, there would be someone else. This is the result of doing evil."

"I thought you were going to say he had no idea."

"Even I know about it, how could he not know? He acquiesced only because these things would not happen to him."

For those in power, darkness and cruelty are often only on paper, and those crazy vicious dogs will become good dogs when facing them.

The woman in black put down her teacup, stood up with her hands behind her back and looked at the murals around her: "I didn't want this to happen, but I couldn't stop her."

"That's it... That's it." The old lady threw the last of the paper money into the stove: "Let the prince take the throne, and the second princess be the regent."

"Is the Princess in poor health?"

"..."

"It seems that this stove will have to be used again in a while."

The crematorium where they are now is naturally not an ordinary temple, but the cremation pavilion of the Siamese royal family. It took ten months and cost 200 million yuan to build.

Even with the wealth and knowledge of the woman in black, she couldn't help but marvel at the exquisiteness and grandeur of this place, especially the amount of gold pasted here.

This was the place where King Rama IX, a king highly praised by the people, was buried, and now it is King Rama X.

The old lady wiped her hands and sat in the wheelchair: "Qin, what do you want?"

"My coming here was an accident, but now that I'm here, I have two choices."

The woman in black put her hands behind her back and turned her head slightly: "First, we will completely destroy Siam and bring your economy back to the level of 20 years ago."

"You can't do this!"

"I can. If I don't do it, someone else will. I met with your prime minister before, and I said at that time that Siam is finished."

With Siam's current financial policies, international hot money is literally picking up money with sacks.

Is it possible for Siam to fight against those financial speculators?

The answer is yes - but it was impossible for Siam before, and it required the concerted efforts of the king and officials of Siam.

It is not difficult for the two to work together, but they will not agree to work together to protect Siam's national economy even if the interests of the royal family are damaged.

But things may be a little different now, because the King of Siam suffered a concussion due to an accidental fall and the rescue was ineffective, and the prince has not yet officially succeeded to the throne, so the one who really holds power should actually be Princess Sirindhorn. Given her temperament, she is really willing to use the interests of the Siamese royal family to give back to the people.

That's why the woman in black said there were two choices, and the second choice was to cooperate with her.

"Second, your bank should immediately revise its open financing strategy and adjust its financial policies. Your bank's foreign exchange reserves cannot fight against international hot money, but with the money from me and your Siamese royal family, it should be enough."

This is a head-on process. It depends on whether the bold international hot money will eat up the feast first, or whether Siam will starve those daring ghosts who are not broad-minded enough to death.

It is conservatively estimated that this process will require 150 billion US dollars, while the foreign exchange reserves of the entire Siam are at their lowest level in eight years, at just over 200 billion.

However, during the same period, Siam’s foreign debt, if calculated based on the exchange rate, was several times higher than its foreign exchange reserves.

This means that once everyone really spends money, the foreign exchange reserves that Siam can actually use will definitely not be as much as the amount on the books.

"You now have two financial strategies that are problematic and you overestimate your position."

One is to open up offshore financial business and launch the Bangkok International Financial Arrangement (BIBF).

Under this arrangement, the 15 licensed Siamese commercial banks and 35 foreign commercial banks can accept deposits and borrow from abroad.

Siam’s current foreign exchange reserves were formed through this arrangement and the high interest rate policy that attracted foreign capital inflows.

The commercial banks here can even offer an interest rate of up to 13%. They think their economic development can keep up and they can afford it, but they don't know that this is courting death.

The reason why speculators flocked into the Siamese financial market after the woman in black took the lead was not because her prestige was so high that the whole world followed her to make money, but because the egg of Siam already had a crack, attracting a large number of flies, and she just gave the eggshell a lift.

The second strategy is to allow non-Siamese residents to open Thai baht accounts in domestic commercial banks, make deposits or borrow money, and convert them freely.

This provides international hot money with ample opportunities to exploit the situation - as long as financial risks arise, Siam Bank will be besieged by countless accounts.

Princess Sirindhorn looked at the grass for a long moment before she seemed to come to her senses: "What would happen if you shorted the Thai baht?"

"Do you mean the royal family or the people?"

"...What's the difference?"

"If it is the royal family, then I welcome you to join the ranks of those international hot money and reap the dividends of the Thai baht. In addition, with your local advantages, you will be able to usher in an unprecedented period of expansion after this turmoil. The means of production of the entire Siam will be placed in front of you at a bargain price for you to choose from."

Why was it that the landlords of the feudal dynasties loved catastrophic disasters so much - were they themselves not affected by disasters?

The answer is that it is affected, but the losses are greater and the profits are greater...

In the past, landlords would take land from landless farmers during years of famine. After a few rounds, they had more and more land.

Every disaster is an irrational economic collapse and a passive transfer of wealth.

The holders of the means of production who are unable to succeed cannot survive the cold winter and can only use the land as a bargaining chip in exchange for immediate relief.

There are many such landlords in Siam, but the biggest one is undoubtedly the Siamese royal family.

The woman in black has a statistic in her hand. The property managed by the Siamese royal family through an agency called the King's Property Management Bureau is nearly 12% of Thailand's GDP.

This means that the royal family has already occupied almost one-eighth of the country's wealth and has formed an absolute economic monopoly.

Princess Sirindhorn smiled tiredly: "I didn't know my family had so much money."

The woman in black nodded: "I believe it, but now you know it, and now, in theory, you are the master of these wealth."

Princess Sirindhorn is famous for her frugality. Some people say that she was putting on a show when she was the crown princess, but she would not do so again after giving up the throne.

Her own inheritance might be a lot for ordinary people - probably tens of millions - but her brother has more than 70 billion US dollars from the royal family.

When the earthquake hit that year, she did not wait for official assistance from the royal family, but instead used her private treasury to donate 11 million. This friendship is still remembered in the country.

So the woman in black was angry that her subordinates had accidentally hurt her on their own initiative. After finding out that it was not the case, she was even prepared to teach the King of Thailand a threatening lesson.

Now, she doesn't need to threaten anymore, there are people who are more decisive and ruthless than her...

"Would it make the situation better if the royal family didn't get involved in these things?"

"No, the current scale of international hot money is strong enough to eat up your foreign exchange reserves. According to the current general trend, you can only last for one month at most."

"What about a month later?"

"Financial companies with problems will face a liquidity crisis, the stocks of banks and financial companies will plummet, and the foreign exchange market will also face downward pressure. More importantly, the public will no longer trust the Thai baht. A bank run crisis is terrible, second only to the 500,000-mark loaf of bread."

Once that point is reached, Siam’s foreign exchange reserves will hit rock bottom and it will completely lose the ability to continue intervening in the foreign exchange market, which will have a serious impact on Siamese society.

At first glance, the financial crisis is a matter of money, but when it is reflected in the market, it will cause a chain reaction such as the country's ability to make foreign payments shrinking, large financial institutions closing down, and bank deposits being affected. The final outcome is naturally soaring prices, increased unemployment, and the price of bread approaching 500,000 marks.

After all, the woman in black had previously estimated that at least more than sixty financial institutions were affected, which accounted for more than half of Thailand's financial institutions.

If we look at the total amount of deposits they have, it even accounts for more than two-thirds of the total deposits in Siam.

Money, money, money, lives are at stake. Modern warfare is not only about blood and iron, but also about the game of money and power.

In ancient times, the woman in black might choose to lead a large army and directly invade Siam to demand a response.

Now the army has simply been replaced by an invisible torrent of money and power, which is just as terrifying.

"Why are you helping us?"

"Because I said before, there are some things I don't want to do either."

The woman in black had her own code of conduct. Ye Tianxin's call made her temporarily violate some of these rules, but she didn't intend to go to this extent.

Now that there was a problem, she had to help make up for it to some extent - as for whether the money was made from Siam or from international hot money, it was not important to her.

Siam's foreign exchange reserves are not as much as her own money. The size of international hot money can swallow a country like Siam, but it cannot swallow a world energy tycoon. It is so absurd, yet so true.

"Seventy billion, is that enough?"

"It's enough. In fact, as long as you are willing not to make your own profit from this crisis, it will be enough."

The official of one country is the referee. Either the opponent is so strong that he beats the referee as well, or the referee holds down someone's hands and feet and makes him endure the unilateral beating.

After Siam adjusted its financial strategy, as long as it had sufficient foreign exchange reserves, it would naturally be able to stop those short sellers.

You could even be more shameless and just overturn the table and use capital controls, but that would only lead to credit losses and no one would come to play at the table anymore.

"You're the only one who will help us, right?"

"It's very difficult not to make money. Believe me, compared to those ferocious international hot money, no one will choose to pity you."

As soon as she finished speaking, the black-clad woman's personal cell phone rang. She frowned and looked at the unfamiliar number. After answering the call, she heard a man's voice.

After a brief conversation, the woman in black sat down puzzledly and put her phone on the table.

"You know what? I'm starting to doubt her again."

“…Who do you suspect?”

"A little one - why would she do such a thing?"

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