"Feng, get ready. From today onwards, we will make money together!"
"Alright. Let's defeat the Thai Government within ten days!"
Soros's investments are split into three areas. Stocks, interest rates, and Forex. This is his best investment model.
If it's just Forex, the cost will be higher, and it's hard to operate. Soros's investment model is using the correlation between the three financial instruments. When one of them falls, the other two will also be affected.
When the stock market falls, the exchange rate will also fall, and when the exchange rate falls, the stock market will continue to fall. After that, the Thai Government will have to raise the interest rates, and the financial crisis will worsen!
Feng Yu's investment model is the same as Soros. They both use a multi-dimensional speculation model, and all the financial derivatives are closely linked to each other.
This time, Soros will start by dumping Thai Baht!
… …
The person in charge of Thailand's Central Bank, Bassoon, was looking at some documents to figure out how to clear the bank's bad debts. Suddenly, his subordinate barged in.
"Governor, there is a sudden dumping of Thai Baht in the Forex market, and Thai Baht prices are fluctuating violently again!"
"What? Why is there a sudden dumping of Thai Baht in the Forex market? "Bassoon is shocked. What's going on? Soros and his men are back again? Did they not beat Soros and his men up the last time?
"I also don't know. But they had investigated, and it is the same Quantum Fund!" His subordinate replied anxiously.
Quantum Fund! Soros and his men are back!
The last time they adjusted the Spot Rates, it had affected the financial markets and caused a lot of negative reviews. But in the end, they managed to beat back those international speculators led by Soros.
Feng Yu thought he can slowly think of ways to adjust his policies to save Thailand's financial sector. But why is Soros and his men here again?!
But what can they do? We managed to beat them the last time, and we can do it again!
"Don't panic. Inform the rest to stop lending money to them. Also, report to the higher-ups. Never mind. I will handle this personally. "Bassoon waved his hand angrily and went out to look for his leader.
This is also the reason why he was delayed. But this is the hierarchy. If it was Feng Yu's company, then He Zhaoji could call Feng Yu anytime if there was an emergency. The house is already on fire, and you still came to report to me face to face. Isn't this crazy?
It's also because Bassoon won the previous round and had underestimated Soros. He doesn't know that Soros will be bringing in more funds this time, and his methods will be more aggressive. He will not give the Thai Government any chance to struggle!
"General, Mr. Bassoon said that he has something to ask of you."
"Ok. Let him in." Chavalit is not only the head of Thailand's military, but he is also the Prime Minister. Although Thailand has the King of Thailand, he does not have much power. What he does most is mediate between the political parties and appoint the Prime Minister. But he is loved by the Thai people.
"Bassoon, what's the matter?" Chavalit thought that Bassoon had thought of a good policy and was reporting it to him.
"General, those Jews are here again. I just received news that someone is dumping Thai Baht in bulk. I would like to ask for your permission to use your foreign reserves to teach those Jews a lesson!" Bassoon bowed.
Chavalit is the same as Bassoon. He is angry about this incident and is not nervous or panicking. They had won twice in a row, and those international speculators are nothing!
"Alright. I will allow you to use your foreign reserves. This time, we must make those international speculators pay a heavy price!"
Ong received the order and left. He had spent nearly an hour going back and forth for such a small matter.
When Bassoon returned to his office, he noticed that everyone was busy, and many of them were shouting and yelling.
"What's wrong? How are we going to work?! "Bassoon roared.
"Governor, Thai Baht's rates have plunged to 26.1: 1, and it's still falling!" Someone shouted.
What? How come it has fallen so much in such a short time?
"What's going on? How come it has fallen so much? Why didn't you all retaliate? "Bassoon shouted.
The rest kept quiet out of fear and don't know how to reply. Retaliate? How are we going to retaliate? We don't have the authority to touch our foreign reserves, and you had gone to meet the Prime Minister earlier.
"What are you all waiting for? Use your foreign reserves to buy Thai Baht and raise the rate!"
The rest immediately reacted and started to respond.
… …
"Boss, a large sum of money had entered the market to buy Thai Baht. Thai Baht's rate had started to rise!" He Zhaoji reported.
"Don't be anxious. Just continue to dump Thai Baht according to my instructions. Soros had borrowed a lot more, and he is purposely luring the Thai Government to use their foreign reserves."
Feng Yu had discussed this with Soros. They will act like they are attacking the Thai Government with all their might, and after that, they will lure the Thai Government to use their foreign reserves.
In fact, Feng Yu and his men had already borrowed a large sum of Thai Baht and had not started to dump it. Those policies will not affect them much.
Feng Yu can even short 20 billion USD of Thai Baht, and Soros has more funds. He will surely short more Baht.
Soros and his men want to drag the Thai Government into this mess. When the Thai Government wants to retaliate, they will realize it is too late!
They will create an illusion that the Thai Government is in a stalemate, and if they use more of their foreign reserves, they will win.
When the Thai Government invests all their foreign reserves into this venture, they will strike back and kill their hopes! Their hopes will be crushed!
At that time, the Thai Government's only option is to borrow money. At that time, the Thai Government can only look for countries with good relations with Southeast Asia to borrow money. The Thai Government will attack the Forex market of whichever country lent Thailand money, and it will cause a chain reaction!
When the second country's Forex market is in chaos, the rest of Southeast Asia's Forex market will also be affected, especially those countries that are close to Thailand.
A country's Forex market is not enough to satisfy Feng Yu and Soros. They had used a few billion USD, and if they can only make 1 billion USD, what's the point of spending so much effort?
Feng Yu is dumping Thai Baht slowly, and Soros is also doing the same. Thai Baht's rate is fluctuating, and many people are worried.
Soros was the same as Feng Yu when he saw the Thai Government had made a move. He did not panic and even had a smile on his face.
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