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The financial crisis has swept Southeast Asian countries, and currencies of countries or regions have depreciated.

For a time, the entire financial market was shocked!

Many companies and banks are facing the risk of bankruptcy and bankruptcy.

However, the spokespersons of Southeast Asian countries and regions said they were not panicked.Ask people to believe that the government will be able to restore the situation.He even issued a post stating that many international speculators must regret the impact on the currencies of their countries and regions!

July 20.

On this day, the head of Malaysia’s financial control department attended the ASEAN emergency summit and delivered a speech at the meeting.

"You guys, we can't wait and see any longer. We must act, otherwise everything will be too late! Even in a critical situation, we can apply for assistance from the International Monetary Fund."

however......

The heads of state sneered at the speech of the representative of Malaysia.

Although they know that the financial crisis that is sweeping Southeast Asia is serious, they don't think their country can survive the difficulties.

The representative of Singapore said: "Our Singapore dollar is strong, and the turmoil in the foreign exchange market is temporary. I think we have the ability to survive this crisis. Therefore, we do not need the participation of the International Monetary Fund!"

Representative of the Philippines: "We are also opposed to applying for assistance from the International Monetary Fund. We are a big country and we are not stupid Thai authorities."

Representative from Indonesia: "Yes, don't forget the Asian miracle we have achieved in these decades!"

The confident and arrogant words of the representatives of various countries really made the representatives of Thailand angry!

Too fucking bullying!

There are wood!

Co-authoring is the worst luck for my family now, isn't it?

That's right, the representatives of various countries and regions have a mindset of watching the excitement.

As for you said that their own country's currency has depreciated?

Oh, little question.This is nothing more than a regular market turmoil.

Well, many of them think so!

...

at the same time.

Zhu Ke, who was watching the news of the ASEAN meeting in Los Angeles, shook his head in disdain.

"The Asian miracle? It's just an illusion of prosperity driven by some policies. Are you serious?!"

The so-called Asian miracle refers to the rapid growth of GDP and the acceleration of government taxation in Southeast Asian countries and regions in the past ten years, which has promoted the rapid economic growth of their countries and regions.

In fact, in the past ten years or so, the foreign exchange policies of some Asian countries and regions have been extremely inappropriate.

In order to attract foreign investment, they maintain a fixed exchange rate on the one hand, and expand financial liberalization on the other.For example, Thailand abolished its capital market control in 1992 before the country’s financial system was straightened out, so that the flow of short-term funds was unimpeded, and the prosperity of the financial capital market was formed.

And this precisely provides conditions for foreign speculators to speculate on the Thai baht.

At the same time, Asian countries and regions, in order to maintain a fixed exchange rate system, these countries and regions have long used foreign exchange reserves to make up for their deficits, leading to an increase in foreign debt.

"As we all know, in the case of large medium-term and short-term debts, once foreign capital outflow exceeds foreign capital inflow, and the country's foreign exchange reserves are not enough to make up for its deficiency, the currency devaluation of this country and region is inevitable. "

Zhuke shook his head.

"You are really confident, but I believe it won't be long before your intestines will be regretful."

.......

The facts are exactly what Zhuke expected.

Within a few days.

The currencies of various countries in Southeast Asia continue to depreciate wildly, frightening the governments and regional authorities that have always been proud!

International speculators have used their huge capital to accumulate more than 7 trillion US dollars of wealth to continuously impact the foreign exchange markets of Southeast Asian countries.

They are frantically plundering the wealth of countries and regions!

In less than a week, countries and regions lost huge wealth.The few areas have billions of dollars, and the more can even lose tens of billions of dollars!

"how is this possible?"

"Oh my God! These wealthy wolves are so cruel!"

"The situation is completely out of control!"

"The foreign exchange reserves of our countries and regions are completely unable to cope with these wolves and tigers!"

"It's over!"

"Our foreign exchange market is over!"

.......

The authorities of Southeast Asian countries and regions were dumbfounded.The situation was out of control and caught them off guard.

July 31.

On this day, the Malaysian government took the lead to deliver a speech!

“Due to our country’s insufficient foreign exchange reserves, we decided to give up our efforts to defend the ringgit (Malaysian currency).”

That's right, the Malaysian government faced the surging international speculators, and they were persuaded.

Giving up to protect the ringgit means that they have surrendered completely!

On this day, the ratio of the ringgit (Malaysian ringgit) to the U.S. dollar fell by 7.8%.A group of international speculators, led by the five largest investment banks on Wall Street and Quantum Fund, are making a crazy profit today.

"Boss, we made a lot of money!"

Henry Ugenberger, President of Gale Capital, said excitedly to Zhu Ke: "One day! In just one day, we made 30 million US dollars in the Malaysian foreign exchange market!"

Henry has reason to be excited!

A profit of 30 million U.S. dollars a day, although this figure can not be compared with the five major investment banks on Wall Street, but today's profit is also the highest single-day profit of Dafeng Capital since the beginning of July.

"Yeah!" Zhuke nodded.

Excited Zhuke couldn't help but wave his fist fiercely.

Zhu Ke is also proud of himself. Although he is a traverser and knows about some financial crises, he does not know much. After all, he did not work in the financial industry in his previous life, and the system also pretended to be very thorough. He was able to make current profits. How can we not feel proud and proud?

The financial and foreign exchange market is changing rapidly. A fluctuation of one or two percentage points can make many people go bankrupt. What's more, today's ringgit has fallen by 7.8%.

150 times leverage!

This is also the first time that Zhuke used such a huge lever to manipulate during the Asian financial crisis.

It turns out that Zhuke was right!

With a profit of 30 million US dollars in a single day, once the incident came out, it was enough to make Zhuke famous.

"Although it turns out that I won, the risk is too great and it makes people feel unbearable. The next step is to fight steadily."

Zhuke whispered.

Time entered August, and in the next ten days, a group of international speculators frantically overwhelmed the foreign exchange markets of Southeast Asian countries.

After the fall of the foreign exchange market in Malaysia, the foreign exchange markets of the Philippines, Indonesia, Singapore and other countries that mainly "replace export-oriented economies" have fallen.

Crazy currency devaluation!

The heads of Southeast Asian countries and regions said: "The general situation is over, the situation is completely out of control!"

It was not until the International Monetary Fund and the five permanent members of the United Nations that the major powers of the United Nations took part in it urgently to ease the out-of-control economic situation in Southeast Asia.

But it's too late!

All that is left to countries and regions is a mess and a chicken feather!

In 45 days since the Asian financial crisis broke out, financial institutions led by Soros Quantum Fund have made more than US$2 billion in profits;

The profits of the capital investment banks and international speculators on Wall Street are also very impressive, ranging from hundreds to tens of millions of dollars to billions of dollars; of course, the five major investment banks on Wall Street that are making a fortune behind the Quantum Fund. That makes more profits, each of which is more than the income of the quantum fund.

Zhu Ke's Gale Capital, among the international speculators, is considered a small shrimp.

But, who made Zhu Ke a traverser?!

Relying on the advantages of foresight, Zhuke used high leverage extensively at several key points and made great profits in one fell swoop.

In 45 days, Dafeng Capital made a profit, totaling 260 million US dollars!

Looking at the financial report in his hand, Zhu Ke raised his mouth slightly: "This is just the first wave of the Asian financial crisis."

"You must know that in the original time and space history, this financial crisis lasted for more than a year. Xiangjiang and Wanwan markets, with a red heart, I will not participate. However, the operation of the yen and the won does not matter. Need to get involved."

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