All Heavens Dragon System

Chapter 244: Southeast Asian economic crisis

"Since the 1960s, developed countries in Europe and the United States have transferred labor-intensive industries to developing countries. First, Xiangjiang, Baodao, Singapore, and South Korea seized this opportunity to promote economic development, known as the Asian Four Little Dragons, and then reached eight. In the 1950s, Thailand, Malaysia, the Philippines, and Indonesia also seized this wave, attracting a lot of foreign capital and technology, and quickly embarked on the development path, known as the Asian Four Tigers ... " What I have personally experienced in the world of Scarlet Romance is pretty straightforward.

"In the early stage of development, Thailand's foreign exchange control system was relatively strict, and national speculators had no opportunity to operate." Yes, Shen Long predicted the occurrence of the Southeast Asian crisis in this paper. Now it is 1996, Soros began to set Thailand ’s offensive will also involve Xiangjiang in the future. He wrote this paper to show his ability at one time, and secondly to remind the country that he hopes to attract attention and reduce some losses through Professor Lian Jing.

"That being the case, why did you predict that Soros will attack Thailand?" Professor Lian Jing asked, checking the information in the previous situation to tell one, two, three, the key is to make this prediction.

"This is inseparable from our need to take back Xiangjiang. After the 1990s, as 1997 approached, more and more immigrants from Xiangjiang, and because of British connivance, the financial order of Xiangjiang became more and more chaotic. Thailand believes that seeing the replacement of Xiangjiang, The opportunity to become an Asian financial center. "Speaking of this, Shen Long couldn't help but sneer, which is called self-control.

"For this reason, Thailand has changed its financial system to allow international financial funds to enter Thailand without being supervised by the Bank of Thailand. Doing so means that international funds can freely enter and exit Thailand and attack their securities and financial markets. Foreign financial institutions are free to receive Thai baht, which is not defensive in the international currency market. "

"Earlier, Soros had already attempted an offensive against Thailand, but because Thailand ’s economy performed well at that time, international financial institutions had confidence in Thailand, and with the timely intervention of the Bank of Thailand, Soros did not take advantage of it; but This year Thailand plans to completely liberalize supervision ... "

"It is expected that international hot money will flow insanely. In a short period of time, Thailand ’s real estate market and stock market will usher in skyrocketing. House prices are higher than day and stock prices are constantly rising; but these are without foundation. Yes, that is to say, the entry of international hot money will cause a huge bubble in the Thai economy and create a false prosperity ... "

"And once this false prosperity is breached, and the bad debts of Thai companies and banks are exposed, Soros will launch a final attack, leading the international hot money behind him to bring Thailand's economy to the bottom, because it has resisted Soros before. During the offensive, Thailand's foreign exchange reserves were exhausted, so Thailand had little power to fight back ... "Shen Long concluded, during which he also quoted a lot of data to explain his point of view.

"The thinking logic is clear and the argumentation process is rigorous. From the perspective of the paper itself, it is indeed well written and can also prove your ability." Lian Jing nodded in agreement, but it can be seen that his approval is only for the paper itself. , Does not mean that he is completely convinced by Shen Long's judgment.

This is also a matter of reason. In his position, he should be cautious in words and deeds, because this may affect the changes in national financial and economic policies.

"And I judge that Soros' goal is not only Thailand." At one point, Shen Long said more about things that were not written in the paper. "In addition to Thailand, the financial systems of some countries and economies in Southeast Asia are also not Sound, Soros has been planning for a long time, and he will certainly not let this good opportunity pass. "

"After defeating Thailand, he will definitely turn to deal with Indonesia, Singapore, Malaysia and Xiangjiang, and these countries and regions also lack the ability to defend, and even Russia will be affected. However, considering the particularity of Russia, those international speculators want to discuss It ’s not much cheaper. ”Russia directly announced the devaluation of the ruble, leaving international speculators bloodless, but Russia also suffered from economic difficulties and could not get rid of it for a long time. Whether Putin ’s coming into power in the future has anything to do with this matter is really not very easy to say.

"So, what impact do you think this economic crisis will have on the country? And, you just mentioned most countries and regions in Southeast Asia. Why didn't you say the country and Treasure Island? Will Soros attack us?" Professor Lian Jing I heard more and more interested.

"Soros may launch a tentative offensive, but it will not achieve much, because China has massive foreign exchange reserves, and the economy is developing well, which is not comparable to those in Thailand. And after Soros launched such a large attack, It is hard to say how much power is left to launch an attack on the country. "Historically, Soros did not take much advantage in the country, and the country will also help Xiangjiang maintain stability.

"This economic crisis is a wake-up call for us ~ www.wuxiaspot.com ~ After nearly 30 years of construction since the reform and opening up, China has achieved indisputable achievements in the financial field, including banks, stock markets, futures and Financial instruments, including derivatives, play an increasingly prominent role in economic life; on the other hand, due to short development time and inexperience, financial markets also have many problems, and even lurking various crises. "

"Through the study of this upcoming crisis, it has an important reference role in the construction of China ’s financial system; at the same time, it can also use this opportunity to deepen financial links with Southeast Asian countries and regions and expand China ’s impact on the region ’s economy. ...... "Shen Long outlined many measures adopted by the country in the future, and also used several very complicated mathematical formulas during the period.

He knows that he is from the liberal arts, and research economics must have a high degree of mathematics. Professor Lian Jing must have doubts in his heart. Fortunately, he is reading a computer, and in the world of "Broken Romance", he is in the computer department of Tsinghua University. After further study, although the math skills cannot be compared with those of talented mathematicians, it is enough to meet the needs of economic research.

"These formulas are cleverly applied, and it is indeed rare for a liberal arts student to have such a deep attainment in the economics and mathematics fields." Professor Lian Jing gave a high-five praise, and now he finally believes that the thesis was written by Shen Long himself, " Okay, you ’ve passed this interview. "

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like