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2538 [Four Kittens]

Just when he was competing with Microsoft for a game company in the summer, Soros, in Southeast Asia, had completed the harvest of Africa and Thailand and turned to Malaysia.

Because Soros had defeated the two major countries and accumulated extremely high power, before he could even lead to the Malaysian leadership, a terrifying atmosphere was already filled with the sky.

Many knowledgeable people have already begun to sell their assets, exchange them for US dollars, and flee Malaysia, for fear that Soros will not be able to catch up as soon as he arrives.

Therefore, psychologically speaking, they have all become frightened birds and are in a panic.

In this case, Soros doesn't even have to mobilize too much money. With a little action, they can piss it off.

In fact, this is indeed the case.

Soros just pushed his way to Malaysia and its economy collapsed immediately.

Originally, Malaysia's foreign exchange reserves were almost gone because of the exchange of those [knowledgeable people]. The stock market has fallen so much, and the people are in panic all day long, which means that there has been civil strife.

Now that Soros is coming again, he will naturally be defeated and the white flag is raised before even confrontation.

Malaysia is considered an economic power in Southeast Asia. Its defeat further encouraged Soros's prestige, making him an invincible and invincible god of war. Everyone was disgusted by it.

Therefore, when he sniped the Indonesian rupiah in Indonesia again, Indonesia also lost in three or five rounds.

In this way, the four Asian tigers completely fell under Soros' suit pants.

The currency depreciated sharply, the stock market fell to the bottom, the economy retreated seriously, foreign capital retreated one after another, and the rich rushed to immigrate... It can be said that they returned to the pre-liberation overnight.

The four Asian little tigers became four Asian little cats in less than two months, and they were also dying sick cats.

Due to the severe economic decline, the governance of various countries has also fallen into turmoil.

Opposition parties in various countries took the opportunity to rise and began to seize power with the ruling party. Under such circumstances, the Thai Prime Minister was forced to resign and the Indonesian president was overthrown.

When the financial crisis expanded from Southeast Asia to the entire East Asia, Fuso's prime minister was also forced to resign, and Russia changed six prime ministers within a year...

The political situation of various countries has led to the deterioration of the domestic environment and made the economic recovery even more unsuccessful.

...

In comparison, international hot money led by Soros made a lot of profits. By shorting the currencies and stock markets of the four countries, they earned at least more than 5 billion US dollars.

In addition, the value of real estate, resources, real estate, etc. in these countries has also shrunk significantly due to the huge depreciation of currencies, stock markets plummeted, and economic recession.

For example, before Soros launched a sniping, the housing prices in Bangkok, Thailand were almost comparable to those in Hong Kong.

Because at that time, the Thai Mansion intends to build Thailand into a financial and trade center in Asia and replace Hong Kong's position.

The reason why it is so confident is that the Thai government firmly believes that after Hong Kong returns in 1997, Hong Kong will fall into a recession. This is also the mainstream of the international community's negative voice at that time.

In order to become a financial center, Thailand has gradually relaxed financial controls, no longer restricted the inlet and out of funds, and even allowed foreign financial institutions to issue low-interest loans in Thailand.

In this way, it is equivalent to [opening the door to treat thieves], opening the door and putting thieves in.

Because Thai people can obtain low-interest loans from foreign financial institutions, a large amount of hot money has poured into Thailand's stock market, real estate market, and stimulated the Thai stock market, and the real estate market has continued to rise.

This made the housing prices in Bangkok, Thailand once comparable to those in Hong Kong.

But now after the financial crisis, with the withdrawal of hot money and the bankruptcy of Thai people, housing prices have plummeted.

For high-end apartments in Bangkok, it costs 65,000 baht before the financial crisis. After the financial crisis, it only costs 20,000 baht. Moreover, the exchange rate of the Thai baht has fallen by 60% compared to before. Therefore, it is equivalent to a shrinking house price by 90% or more. The money used to buy a house before can now buy ten buildings.

Financial speculators like Soros are not interested in acquiring these assets.

However, the financial backers behind him and the consortiums around the world have long been eyeing these high-quality assets.

After these countries were defeated by Soros, they rushed forward to [dismember the corpse].

Land, real estate, factories, media, patents, brands...all high-quality assets were robbed.

The accumulation of these countries' opening up over the past decade has finally made these large consortiums cheaper.

Xia Tian also made a lot of money in it. The electronics production base built by Thailand has worked hard to build, and now most of the factories have been embezzled by Xia Tian Tian.

Most factories in production bases are mainly OEM production. In order to improve the process level, they often rely on borrowing to upgrade their equipment. Now that the financial crisis has come, they are unable to repay the loan and have to sell it.

Xia Tian was trying to move the production base from Taiwan to Southeast Asia, and just took over these factories. This saved not only costs but also processes.

In addition, Southeast Asian banks, insurance companies, securities companies, etc. were severely hit by this crisis. Xia Tian also took the opportunity to lend a helping hand and acquired many financial institutions.

Reaped a lot.

...

Because Southeast Asian countries have always had very enthusiastic trade with Fusang, Hong Kong, Taiwan, South Korea and other places.

Now that Southeast Asia's economy is in recession, these places are naturally not immune, and the economic downturn trend is obvious.

This is just like the subprime mortgage crisis that year. Although it only broke out in the United States at the beginning, it immediately swept the world and caused great global economic turmoil.

After easily defeating the four Southeast Asian countries, Soros became more ambitious and unstoppable.

He then led his troops to Fusang.

The reason for his mission to Fusang is that Fusang is the largest investor in Southeast Asia. At that time, Fusang's overseas loans in Southeast Asia reached as high as 260 billion US dollars.

After the outbreak of the financial crisis, Fuso's loans in Southeast Asia showed bad debts of nearly $100 billion, which caused the Bank of Fuso to suffer serious losses. Many banks declared bankruptcy, causing panic in the financial market.

In addition, the economic recession in Southeast Asia forced them to reduce their imports. Southeast Asia is an important foreign trade market in Fuso. Therefore, the economic recession in Southeast Asia will directly affect Fuso's exports.

Trade declined, banks went bankrupt, and two major problems broke out one after another, making the people of Fusang silent.

In addition, the Tokyo real estate bubble has just passed and Fusang's economy has not yet recovered, and the people still remember it freshly. Therefore, now that the economic crisis has occurred again, the Fusang people immediately collapsed.

Therefore, when Soros came to Fusang, he faced the already scared people of Fusang.

Before he even made efforts, Fusang's stock market began to fall.
Chapter completed!
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