This is a five-star hotel located in Victoria Harbor. It opened in 1928 and has been famous for more than half a century.
I stayed here several times before and it felt pretty good, so I didn’t change this time and stayed here.
The only difference is that now that I have money, the room has been upgraded again, from a deluxe sea view suite to a special sea view deluxe suite.
"Cheers!"
"Cheers!"
"..."
In mid-June, the weather was already quite hot.
The hotel has an indoor swimming pool, and after a dip in the spa, Jiang Chen raised a glass and drank red wine with Luo Qing on the open-air balcony of the suite, facing the sea and the bustling harbor.
The night breeze blows gently, carrying the unique salty smell of the sea.
The stars are like beans, complementing the lights of the bustling city.
In the evening breeze, the girl's long skirt fluttered, her black hair was lifted up, and she smiled like a flower.
At a certain moment, he suddenly looked back and said with a smile: "This place is still much more prosperous than at home. Have you ever thought about coming here to buy a property, a villa or something?"
"Villa?" Jiang Chen chuckled, turned around and leaned against the guardrail: "What, you want to buy a villa here?"
Luo Qing shrugged, raised her glass, and blinked: "No, it's mainly because the hotel is too expensive, but the night here looks really good."
Jiang Chen nodded, turned around again, and took a sip of red wine: "That's true, compared to the country, this place is still far ahead, and the level of prosperity is not at the same level."
After speaking, he said with a smile: "But now is not the time. The current housing prices are too high. Whoever buys it will be taken advantage of."
Xiangjiang, one of the famous Asian Tigers, has always had high housing prices.
Especially in the past two years, it has been crazy to be sure that China will return and that mainland China will take over. In just two years, housing prices have more than doubled.
During this period, not only developers were struggling to acquire land and build buildings, but people were also frantically speculating on properties.
Luo Qing was a little surprised: "Are you really planning to buy it?"
"Buy it, my aunt has already said it, so it would be foolish not to buy it, right?" Jiang Chen teased with a smile.
Luo Qing rolled her eyes: "What does it have to do with me? You didn't buy it for me!"
After that, the conversation changed: "Do you think housing prices will fall?"
This is not a good thing.
Although the fall in house prices is good for bargain hunting and makes it easier to buy a home, for Hong Kong today, it is nothing more than a bolt from the blue.
Because in Hong Kong right now, the real estate market is in full swing, with people from top to bottom frantically speculating on properties.
This trend started in 1995 when British capital sold a lot of money and exchanged cash for the westward voyage.
From that time on, the real estate market began to boom. "The mainland will definitely take over" and "the mainland will buy properties for provincial cadres in Xiangjiang"...
There are endless rumors.
It is precisely because of this that today, many people have fallen into trouble. Even if they are heavily in debt, they still have to hold on to their stocks and wait to get rich overnight.
Under such circumstances, if house prices fall...
The consequences are disastrous.
I don’t know how many people will become destitute overnight, and I don’t know how many people will jump off buildings because of this.
Jiang Chen smiled and nodded: "It should be, let's see, it won't be long before the fly bites the egg, and the Thai baht is being attacked. In essence, it is not the international capital causing trouble, but the Thai economy itself.
Then look at Hong Kong now, with all the people speculating on real estate and being heavily in debt, is there really no problem?"
"You mean, Xiangjiang may also be attacked by financial capital in the future?"
horrible.
She had never thought about it so much, but after hearing what Jiang Chen said, Luo Qing suddenly felt a little scary.
Jiang Chen took a sip of red wine: "It's not a possibility, it's a certainty. After Thailand, those short sellers will not stop there. By then, the whole of Asia will become a battlefield, and Xiangjiang will not be able to survive alone."
"Are you so sure the baht will collapse?"
Luo Qing still finds it a bit unbelievable, although judging from the current situation, it is only a matter of time before the Thai baht collapses.
Jiang Chen smiled and said: "It will definitely collapse. Now it is obvious that if we want to maintain the exchange rate, someone must take over and eat the Thai baht that is being sold in the market.
But who will eat it?
Retail investors?
mechanism?
There may be some, but they are definitely rare, so Thai officials have to use their foreign exchange reserves.
The problem now is that Thailand’s official remaining foreign exchange reserves are not much, so unless a large amount of US dollars can be borrowed, or the short sellers have no chips, they will definitely fail.”
In fact, many things are done in secret.
Just like the Soros mortgage, Thai officials took over and absorbed the selling baht.
Unless these things progress to a certain extent, they will not surface, and even if they surface, it will be difficult for outsiders to know the truth.
The reason why there is news about Jiang Chen is ultimately because he is also considered a member of the short side. Although he has not officially participated in the war, he is always ready.
The risk is that if the Thai authorities obtain a large amount of US dollars, if the short sellers do not have enough chips, they will lose money.
Yes, a loss.
There is no such thing as a sure-profit trade. Even if you have reached this point, theoretically speaking, there is still the possibility of losing money.
Luo Qing was not stupid. Hearing this, she said: "So now we are adding insult to injury and becoming the straw that breaks the camel's back?"
It doesn't sound very nice.
But that's actually what happened.
Only in this way, by adding insult to injury and trying to break the camel's back, can the financial crisis officially break out.
Of course, this is the result of a joint effect. Although it is necessary to add insult to injury at this time, even if you choose to watch and don't add insult to injury, the result will most likely not be changed.
Because there will be other capital to act as the last straw. Otherwise, this financial crisis would not have happened.
Jiang Chen smiled slightly: "Pretty much, it may not be the last one, but the straw that breaks the camel's back is definitely ours."
After a pause, he added: "The rest is to prepare in advance and enter the surrounding battlefields. That's where the real money is made."
Again, many things are done in secret, and preparations for a battle cannot be made public.
Just like the next action, preparations must be made in advance. Otherwise, waiting until the financial crisis breaks out will inevitably lead to passivity and increased costs.
The most important thing in this area is the timing. In a word, it can't be too late, but it can't be too early either. It's best to be just right.
Otherwise the risk is not small.
The higher the leverage, the higher the risk. Let alone 400 times leverage, even if it is only 200 times, it is normal for the position to be forced to be liquidated accidentally.
Luo Qing didn't delve into this. After listening, she just asked: "What about Xiangjiang? If Xiangjiang becomes the target of attack, what should we do?"
Good question.
If there is no position of family and country, then Xiangjiang will definitely not give up.
As one of the Four Asian Tigers, what you can earn in Xiangjiang Battlefield is only much more than shorting the Thai baht.
Even with the backing of the state.
The problem is, there is no way to follow this battlefield!
Not only was it impossible to follow, but he had to turn the spear head, strike back, and fire two shuttles at the enemy.
"Look, you have to act according to the times, make the money you need to earn, and fight back firmly when you need to fight back.
I estimate that after this battle, the situation in this three-acre area of Xiangjiang will change."