Soros and others have recently been busy in the UK after plundering a large amount of currencies such as Thai baht, Malaysian ringgit held by banking institutions that operate offshore businesses in the United States.

This is also the reason why Mr. Foldiman asked Han Xuan why he didn't go with them as soon as he met.

It’s not that Han Xuan was not valued in that underground organization, but because he didn’t want to get involved too much, Soros and others were originally notorious venture capitalists, bankers, etc.

But Han Xuan's career is not limited to the financial industry. In fact, entity is his main business. His reputation has been corrupted and he will not be cleaned up for the rest of his life. It is not worth bearing such a bad reputation.

So this time, he only used the anonymous shell companies established in the Maldives and the large financial companies he had worked with to attack Southeast Asia. Except for the money being his, it is difficult to directly contact Han Xuan in other aspects.

The British pound was once the "boss" and after the establishment of the Bretton Woods system after World War II, an international monetary system centered on the US dollar was formed.

Nowadays, most currencies in the world are pegged to the US dollar, and they can only be circulated on a small scale and cannot be globalized.

When the US dollar appreciates, they rise, and when the US dollar depreciates, they also fall.

At that time, the Mexican currency peso was directly linked to the US dollar, but the local government itself committed suicide and announced that the exchange rate would float freely, which gave Han Xuan and others the opportunity to successfully destroy Mexico's financial system. It has not recovered until now and cannot recover.

As his horizons became increasingly broad, Han Xuan gradually learned some inside stories, such as the decision made by the new Mexican president at that time was too brainless and too hasty.

Trump joked last year that the Mexican president also came to the company to buy a house, which made Han Xuan smell a little conspiracy and doubt the president's source of funds.

Millions of dollars are not small amounts. Maybe someone arranged for him to do that at that time, and after selling the country, he would get a large amount of reward as a reward.

Thinking about it this way, it seems that it makes sense. The world is indeed very complicated...

That time, due to the decision of the new government, the operation was very simple, and the most critical "free exchange rate floating" government helped solve it.

Just like a woman who takes off her clothes, facing countless burly men, coughing... the only thing left is the question of "how to make more money".

Relatively speaking, it is much more difficult to carry out an artificial crisis in various Southeast Asian countries this time.

Because they still implement a policy of pegging currency to the US dollar, and they face many countries at once.

Therefore, the first batch of funds used by Soros and others was as high as 10 billion US dollars, of which Han Xuan alone contributed 2 billion.

In addition to the small-scale attack on the cash exchange market that is now underway, a considerable number of short sellers have been established on forward foreign exchange trading. Everything is ready and just waiting for the good time to come.

Compared with those countries, China is safer.

Soros never thought of making money from it, because the RMB cannot be exchanged freely at present.

If domestic residents want to use foreign currency, they can only exchange it from the foreign exchange management office, and the amount they can receive is very small, and people generally trade from the black market.

When Han Xuan was in China, he read the news of being arrested for reselling foreign exchange in newspapers. People who are brave, have a way or have overseas relations can directly exchange US dollars from the Foreign Exchange Management Office for RMB.

In 1993, the official exchange rate of the RMB against the US dollar was about 5.8 to 1, while the black market exchange rate was around 11 to 15 to 1, which basically doubled the profit.

It is impossible for international hot money to enter, not to mention that China's foreign exchange reserves now exceed US$100 billion, and this hard bone has nowhere to be used.

The upcoming crisis is a once-in-a-lifetime opportunity for China, which is also in eastern Asia.

After ten years of hard work, China's various infrastructure, especially the infrastructure in coastal areas, has been almost built, at least not that bad.

When the Four Little Dragons and Four Little Tigers break out at the same time, it will inevitably lead to a large number of international hot money withdrawing from them. China is the best place for these funds.

What's more, the labor cost in China is still low, which is the favorite of international businessmen. After this crisis is over, the golden period of China's development will follow...

Han Xuan took the scoop of water and poured some water on the burning red stones. The water vapor in the sweat steam room became even more intense.

He continued: "Thailand's economic development has declined in recent years, and a large number of hot money has entered the real estate and stock markets, causing a considerable bubble.

Now there is a serious domestic conflict in Thailand. The hot money market size is at least one trillion US dollars. We only need to create a fuse, and that powder barrel will explode."

"Well, Thailand has already known that we will be the first to take action against it, and the number of shorts established in the forward foreign exchange market is too large to not be discovered.

Last week, my boss received a warning from the Thai government, but he ignored them. There are tens of millions of people who want my boss's life worldwide.

This time he asked me to come to you to talk about the issue of funds. Although a large number of international hot money followed us and was preparing to do it together, the money may not be enough to quickly destroy Thailand's financial market.

Maybe you don’t know that Japan and Singapore, the Philippines, South Korea, Malaysia and other countries are ready to withdraw funds to aid Thailand, which means that the pressure we have to face may be greater than previously expected.”

Soros has been thinking about his wallet. Han Xuan knows this clearly, but he should not have lie about this matter.

In February this year, they borrowed up to $15 billion in forward baht contracts from various Thai banks and then sold them in the cash exchange market, causing financial turmoil in the entire Southeast Asia region.

The Thai government used $2 billion to calm the temptation down. From then on, they already knew that someone was planning to take action against their country's financial markets.

Starting from mid-May, people from both sides began to test continuously, and it became more and more frequent.

The time of the crisis seems to be delayed a little later than in his previous life. This is a normal butterfly effect. Has not really started a attack recently, and Han Xuan is waiting for Soros to take action.

He said to Foldiman: "I have dismantled and given your boss two billion dollars, and borrowed the baht for another three billion dollars. Five times of the leverage requires margin, and I can't use that money for the time being.

If you take a loan now, it will take some time and the company's debt is already serious, my grandfather will not agree..."

This is obviously a reason to refuse.

Just kidding, Han Xuan's company shares can get large sums of funds at any time from Huamei Bank or several banks in the Maldives.

I was fooled last time, but I was reluctant to lend Soros two billion dollars this time. How could I borrow more?

You should know that all this money can be profitable, and when I lend it to Soros, I only received 20% of the dividend last time... (~^~)
Chapter completed!