Extraordinary Genius

Chapter 890: Oh, We Have Money

“Governor, what should we do? There's another rumor today that we're underfunded. ”

Ba Song also had a sad face. This time it was not gossip, but their money, it was really insufficient.

Thailand had more than $30 billion in foreign exchange reserves last year, but starting this year, because of the trade deficit, the dollar reserves were just over $20 billion, which had been used a lot before, and now we are looking at the bottom.

He just found out that he seemed to underestimate Soros and underestimate the international scavengers. This time, it's definitely not just Soros' quantum fund, but definitely someone else.

He wanted to hang with the international scavengers and drag each other down, but now it looks like the Thai government ~ government is going to be dragged down.

Ba Song was smart at this time and came up with a good idea. Don't you always give out fake news, I can do it too.

……

That's impossible, isn't it?

Feng Yu watched the Thai news broadcast on TV and Ba Song talked in front of reporters, saying that they had already converted the original reserves of JPY and Deutsche Mark all into US dollars in the market, plus their reserves, they would still have $30 billion to win, and it was a big win!

“Brother Feng, do Thailand still have reserves of JPY and Deutsche Mark?” Pai Guang asked with some apprehension.

“Surely there are three main types of foreign exchange reserves, but their basket of monetary policies, the yen's reserves will not exceed fifteen percent, the German mark's reserves will never exceed ten percent, and even this data is already overestimating them. ”

“So they're a fake message?” It was a false alarm.

“False can no longer be faked, their yen and German marks have already been spent, yesterday the market rose by THB, using the yen, this morning the German mark. And the dollar bought the baht, and that Ba Song really doesn't know how to get mixed up with the governor of the central bank. ”

As long as you have the money to buy the baht, the exchange rate of the baht will go up, whether you use the dollar or the yen. The one who wrote this speech for Ba Song is also a financial idiot!

“How much foreign exchange reserves do you reckon they have left?” Pai Guang is looking into his head and asking.

“It won't exceed $5 billion, and by tomorrow, they'll be out of food!” With a wave of offense today, we can find out tomorrow, Thailand's last resort.

“So we can split the wins and losses tomorrow?” With all the joy of your face, you won so easily? Can he also make money investing in rainstorm counseling?

Feng Yubai glanced at him: “Didn't I tell you, if you have problems with your funds, how do you choose? ”

“What do you mean, they'll go out and get help, or borrow money? Do you know which country it is?” Fu Guang remembered, Feng Yu did tell him about the problem.

“It is most likely the Southern Ocean, followed by the island countries and Indonesia, followed by Dama and Bao Island, but no matter which country borrows money to Thailand, it will not be too much, more than $10 billion, the maximum capacity, and the foreign exchange reserves of those countries will not be sufficient. And which country lends money to Thailand, which is our next goal! ”

The foreign exchange reserves of those countries are not high in themselves. If you dare to lend money to Thailand, you will die. The money borrowed will not only not help Thailand, but will also increase the crisis in their country, which borrows money is a brain hole!

Anyway, Feng Yu told Zhu Tie wrist about this, anyway, Hua Xia would not lend money to any Southeast Asian country, at least not for two years.

“Can Soros predict this?” Paying light is asking nervously.

Feng Yu slapped his head, please, that's Soros, the world's best hedge fund manager, none, how could he not have thought of this situation?

Even if Soros drank too much, he had a brain spasm, and I didn't expect him, his four best men, would have thought of it. There are other agents, and there must be elites.

How dare you question Thoros about your financial level!

“Don't think of anybody else as your level, okay? Do you think Professor Leung wouldn't have thought of that? You think your uncle wouldn't have thought of that? Ask those agents in the big office. Who wouldn't have guessed? If so, then tell me I can settle his salary and let him go home!” Feng Yu was helpless.

Fu Guangzheng chuckled: “I was just asking, what is that, I won't bother you with your work, I'll go to the trading company to check it out. ”

……

Bazon knew, of course, that they didn't have enough money, that he had sent out false news, that he was trying to scare Soros away from them, but he found that it didn't work. However, to a certain extent, the capital flight has been reduced and the stock market has slowed down.

But it's not enough, the decline is slowing, it's still falling, there's less money to flee, there's still money to flee. And the international scavengers didn't stop, the baht was still being sold, and if they didn't have new money in two days, they'd be dead.

Ba Song had to go to the Prime Minister for help, hoping that the Prime Minister would come forward and ask for help from other countries in the name of the country, either pay to help them raise the baht, or simply lend them a sum of money.

Chawari was confident, that's what the news said, until Ba Song came to report, he knew that Thailand was out of money!

Chwari is from the general, politics ~ politics is not very good, let alone the economy. The news did not know how many nationals had been neglected, but certainly included one from Chawari.

“Are you saying that if we can't borrow money tomorrow, we could lose it? ”

“Yes.”

Nearly took out the gun and shot the goddamn governor! Damn it, it's time you told me? One day, even if I could borrow money, it would have to pay a great price.

But without borrowing money, the loss will be even worse. Ba Song told him that once the exchange rate had plummeted, Thailand's economy would collapse, and there would be inflation in the country, and those external debts alone would crush Thailand!

“Now you try to hold me back, I'll lend you the money. If you tell me it's too late before I borrow the money, I'll shoot you!” Savage, warlord-like, at a glance.

Ba Song, who was scared to go back, hurried some experienced people, even hired some private financiers to work out how to deal with it.

Planning can play a crucial role when both sides are comparable in strength. But when one party has a crushing advantage, the plot can only play a role by slowing down the time of failure.

Soros drinks beautifully with a glass of champagne. You Thai governments don't have any money?

Oh, we still have money!

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