"Trust me. The Thai Government only has these tricks up their sleeves, and we will surely win!" Soros told the rest of the investors.
"Why can't we start with the other countries? Why must we target Thailand? "Someone asked.
"The other countries will use the same tactics as Thailand. Only by defeating Thailand will we be able to intimidate the other countries and let them know that these tactics are useless!" Soros replied firmly.
"But we do not have enough funds, and we had lost a lot of money. If Thai Baht returns to 24: 1, our losses will be even greater! "
"No. We might have losses now, but it is nothing compared to the profits we will get in the future. They might not be in a desperate situation now, but that's because we do not have enough funds. But I know all of you still have some US government bonds, etc., and the amount is not small. We can use these funds to invest in Thailand, and we will be able to turn the tables! "
"What if it still doesn't work? Our losses will be even greater. We can increase our funds, but can't Thailand increase their funds? I still think we should use the fastest method to suppress the other countries' currencies in the short term and retreat after we make profits. We will not give them time to retaliate. "
"We will surely have enough funds this time, and I can still get another large sum of funds. It will be at least 5 billion USD!" Soros replied.
"Which foundation is it? Who is the investor? "
"Feng Yu, Microsoft's third-largest shareholder and the person who bought the Empire State Building. He also has a friend from Russia, and he will be joining us. "
For the sake of this opportunity, Soros had endured hardships for as long as three years. He came valiantly and energetically, and he must return triumphantly.
A temporary setback wouldn't knock him down, and he definitely wouldn't let it go. It's only a small setback, and he is confident he can sweep across Southeast Asia!
Setbacks in March and failures in May are nothing. This is his third attempt, and he will not fail again!
"If this is the case, we will trust you one more time. Alright. We will also raise funds. " The few investors discussed for a while and decided to trust Soros. After all, Soros had helped them make high profits in the past few times.
… …
"Boss, someone had sold a large amount of US government bonds, and they had raised a large amount of funds." Ralph called Feng Yu to report.
"Do you know how much funds they have raised?"
"Err … I don't know, but it should be more than 20 billion USD!" Ralph replied excitedly.
Twenty billion USD? This number was similar to what Feng Yu had guessed. But Feng Yu suspected that there might be more. With these funds and Feng Yu's few billion USD funds, the Thai Government will surely be defeated and Thai Baht will crash!
"Alright, I got it. Keep watching. If there's any movement, report to me immediately. Oh, is there anything happening in Microsoft recently? "
"It's nothing. It's just that at the regular board meeting last month, Mr. Allen once again said some bad things about you using the reason that you didn't attend the board meeting."
Feng Yu was already used to this. He didn't care at all. Anyway, as long as Bill Gates didn't say anything, Feng Yu's position on the board was as stable as a rock.
In another 2 to 3 years, Lenovo Kingsoft should be fully developed. At that time, it does not matter if Feng Yu is the director of Microsoft or not. Feng Yu might even sell all his Microsoft shares.
"What about the Amazon? How's it going? "
"There hasn't been much improvement. We're still working hard to cultivate the user base. The website's visitors and registrations had increased by a lot, but the sales are not increasing. We are still losing money. "
Ralph also does not know what's so good about this online bookstore. Why is Feng Yu paying so much attention to it?
"Take note of this website's management model. It will be useful to me in the future. If there's nothing else, that's all."
Ralph will send an email to Feng Yu every day, and Feng Yu can understand everything about Ralph's work. This is a long-term investment, and there's no need to keep an eye on it. Even if Microsoft shares fluctuate a little, it doesn't matter. Anyway, Microsoft shares will rise every week, and Feng Yu's net worth will also increase.
After Feng Yu hangs up with Ralph, he received another call. It's from Soros. With the current telecommunication technology, when the call is connected, other calls cannot reach the receiver, and there is no call waiting function.
"George, why are you so free to call me?" Feng Yu asked.
"Feng, is your funds ready?" Soros asked.
"Almost. I should be able to get all the funds in one week. What's wrong? Are you going to attack Thai Baht again? "
"Yes. I had raised a large sum of funds, and with your help, we will surely win!"
The short-term interest rates are very high, but they can use short-term interest rates, such as one week, one month, etc., to fight the Thai Government head-on.
This time, they had raised a large sum of funds and borrowed Thai Baht at the same time. After that, they will dump Thai Baht's rates before the Thai Government can react.
Even if the Thai Government can react, it will be too late. They can only use their foreign reserves to fight the Thai Government, and it will be a contest of funds.
This time, Soros will not allow outsiders to interfere. He must spread the news in Singapore and other markets to hold back those countries' funds.
Once Thai Baht crashes, it will cause a chain reaction, and all the Southeast Asian countries will not be able to escape!
"Alright. When are we going to attack?" Feng Yu laughed and asked. Soros should not be able to hold it in any longer.
"Late June. We will win in at most ten days!" Soros is very confident. If he can't defeat a small country like Thailand with so much funds, then he can forget about taking over Southeast Asia. He is not fit to control Quantum Fund!
"Alright. We will enter the market together. This time, I think we will win!" Feng Yu also believes the Thai Government will not be able to stop them. The Thai Government has less than 20 billion USD of foreign currency. Soros and Feng Yu have a lot of money, and after the panic, other companies and foreign investors will follow suit.
Thai Baht will crash!
After hanging up, Soros is very confident. The Thai Government is good at bragging, and the Central Bank Governor is also good at bragging. What do you mean by a complete victory? I can take that kind of loss, it won't hurt me at all!
You all had bragged about the small victories in the past. That is only the final radiance of the setting sun. Let's see what you all are going to do this time!
Feng Yu called He Zhaoji. "Old He, prepare the funds. We are going to make a big move!"
… …
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
