In late October, the international hot money that was well fed by the four little tigers began to shift its position and set its sights on the four little dragons: Singapore, Bangziguo, Wanwan, and Xiangjiang.
In the face of international hot money, the soft-headed Wanwan was the first to surrender and announced that it would abandon the exchange rate of the New Taiwan Dollar and lie flat, causing the New Taiwan Dollar to depreciate by 3.46% in one day.
The news spread to Xiangjiang, allowing more people to understand Lei Weidong's wisdom. If he had not fought against everyone's opinions and brought down the Xiangjiang stock market, it would now be below 8,000 points and close to 7,000 points.
If it is still at a high level of more than 10,000 points, facing the impact of international hot money, we will really suffer heavy losses, and they will take away the wealth that we have accumulated for decades.
Now!
Persimmons should be picked soft and pinched.
International hot money is here to make money, not to fight. Seeing that there is not much profit to be made in Hong Kong, they just tried it out and started to change their goals.
The same is true in Singapore, because the Li family is not only powerful in Singapore, but also influential in the United States. Coupled with the characteristics of the city's economy, it has firmly withstood the impact of international hot money.
As a result, Bangzi Country, one of the Four Little Dragons, was unlucky.
Seeing that there were no benefits to be gained from Singapore or Hong Kong, and the benefits from Wanwan were not great, international hot money set its sights on the Bangzi Country, and hundreds of billions of dollars came over in one fell swoop.
The reason why I don’t go to Japan is stupid.
It’s the same as Zhong Jian’s analysis.
At this time, both the Japanese stock market and housing prices have reached the bottom, and there is no room for speculation unless international hot money carries forward the spirit of internationalism and first raises the Japanese stock market.
In that case, the unlucky ones will be international hot money.
Because I don’t know how many people are trapped in the Japanese stock market and real estate, waiting for help. They have long been disappointed with the Japanese economy. They will run away whenever they have the opportunity. They will definitely leave the blame to the taker and run for their lives.
Before international hot money targeted Bangzi Country, Bangzi country was already frightened when they saw the tragic situation in Southeast Asian countries. Not only the stock market fell every day, but prices continued to rise, making the citizens of Bangzi Country miserable.
But this is just the beginning.
In mid-November, international hot money launched a total attack on the country. In just a few days, the exchange rate of the Korean won against the US dollar fell to a record 1158:1.
This caused many people, including the citizens of Bangzi Country, to lose confidence in the Korean Won. They ignored the advice on TV and ran to the bank like crazy to exchange their Korean Won for US dollars, causing the Korean Won to further depreciate.
Let me make a digression.
When many public officials mentioned Bangzi Country, they said how patriotic their citizens are. Even though the imported goods are cheaper and of better quality than the same products from Bangzi Country, they still choose domestic products, even if the price is high. The reason is to support domestic products.
In fact, this is all public propaganda. There is actually no difference between the citizens of Bangzi Country and the ordinary people in China. Unless they are rich people who are not short of money, most people buy whatever is cheap. After all, the wallet is the most important thing.
As for why large items such as mobile phones, TVs, and cars are obviously more expensive than imported brands, but the sales volume is so good, far exceeding the imports, this has to do with the unique economic system of Bangzi country.
Bangzi Country is a consortium economy. They monopolize 70% of the national economy and hire workers. More than half of the migrant workers in the country work for consortiums.
In this case, a phenomenon will occur.
For people who work in the Four-Star Group, if their mobile phones do not use Four-Star, and for people who work in the Hyundai Group, if their cars are not Hyundai, what do you think will happen?
Not to mention that it will be ten times harder to get promoted, even if you are fired, it is possible.
Plus!
The major consortiums used to hold shares in each other. In order not to lose their jobs or be isolated in the company, migrant workers in the conglomerates naturally had to buy domestic products and were cut off by the consortium.
What's even more sad is that the workers can't complain because the media are controlled by consortiums, so it's difficult to speak out.
If the citizens of Bangzi Country were truly patriotic and would risk everything for their country, they would not go to the bank to run on U.S. dollars during the economic crisis.
In the face of the surging bank runs, some banks canceled the exchange of Korean won into US dollars in order to protect themselves. This made the citizens of Bangzi Country very angry and raised banners in front of the banks to express their protest.
Under this circumstance, the Korean won continued to depreciate. By December 8, the exchange rate against the US dollar dropped to 1987.6:1, which was close to the 2,000 yuan mark.
Compared with July, it has fallen by more than half. In other words, all the citizens of Bangzi Country are sitting still and their assets have shrunk by more than half. It can be said that they have suffered heavy losses.
If it were just an exchange rate loss, no one would care about it. After all, most people would not go abroad. The purpose of converting Korean won into U.S. dollars was to protect the wealth in their hands from loss.
The key is the collapse of the exchange rate. The Korean won is pegged to the U.S. dollar, and imports and exports are settled in U.S. dollars. The first consequence of the sharp depreciation of the Korean won is the collapse of the stock market, and a large number of short positions appear in the futures market.
There are not only short positions established by international hot money and funds under Lei Weidong's name, but also short positions established by many groups that follow suit and rob.
In short, if there is money, everyone can make it. Not just one or two families are hunting in Bangzi Country, but countless speculators have appeared even in Bangzi Country itself.
In the carnival of hot money and speculators, the country's economy collapsed. Like Thailand, a large number of companies went bankrupt and workers were laid off.
The laid-off workers have caused increased social instability and poor purchasing power, which has made the economy even worse. The economy of Bangzi Country is like a stone falling from the top of the mountain, constantly going down, as if there is no end.
Finally, the government of the country that has nothing to do now can only apply for a huge loan of 100 billion US dollars from the IMF to save its life.
The reason why there is more than the real world, from 50 billion US dollars to 100 billion US dollars, a full 50 billion US dollars more, is entirely because in addition to the international hot money, Lei Weidong is also the predator.
Lei Weidong, who was aware of the economic crisis, had started to buy and sell short in Bangzi Country's market a few years ago, making Lei Weidong's profit in Bangzi Country no less than that of international hot money.
This also makes the economic damage of the Bangzi country far greater than that in the real world, and the hole that needs to be filled becomes larger. 50 billion will not work at all, but 100 billion US dollars will be needed.
It's not easy to get money from the IMF. They are not philanthropists, they are big capitalists who eat people without spitting out their bones.
Due to the characteristics of the Bangzi government, after receiving the money, it will not be divided among ordinary people, but will be handed over to domestic consortiums to help them tide over difficulties and stabilize the national economy.
When these consortiums take the money and invest it in the economy, the true face of the IMF will be exposed. At that time, those consortiums will have only two ways to go.
Either repay the money and exchange it for money in a short period of time, or convert the loan into shares and give up the business that you have worked so hard to build.
It seems that there are two ways, but in fact there is only one way. If the financial groups have money to survive the crisis, they will not need the government of the country to ask for IMF loans to save them.
This is simply a conspiracy, and even the consortiums know it clearly, but there is no other way. In order to prevent the company from going bankrupt, they have to exchange shares for loans from the United States.
Although there are still people in the world who can give them loans, such as Lei Weidong, who can still borrow 100 billion US dollars, but it is impossible to borrow money because Lei Weidong is crazy and will give loans to the Bangziguo consortium.
This is not because Lei Weidong is afraid of Lao Mei and dare not go against her, but because Lei Weidong is afraid of Bangzi Country.
This is a strange country that has no contract spirit at all and can forcibly remove "Huan Zhuge Ge" just because it is a hit and has squeezed the ratings of domestic TV series.
You can make a little money by doing business with Bangzi Country, but if you invest in their consortium, you want to focus on customers and control their consortium.
hehe!
As long as the economy improves, Lei Weidong is 100% sure that Bangzi Country will deny its debt and swallow up Lei Weidong for 100 billion US dollars in the name of the country, leaving Lei Weidong with no choice.
As for why America is not afraid of this.
In Bangzi's country, the United States has a garrison. It's okay that Bangzi is obedient. If he doesn't, he will let them know how terrifying the largest country is in minutes.
Facing the United States, Bangziguo is his son, so he should be tougher in the movie, just like the movie "Ministers of Nanshan" released in 2020.
This movie is adapted from real events. There is a scene in which the president found a bug on his desk. It was installed by his ally, the United States, to bug him.
This made the president furious and asked his men to bring the U.S. ambassador to South Korea and kneel before the South Korean flag to apologize.
But in reality.
When it was revealed by the intelligence agency of the United States, remember that it was not discovered by Bangzi Country itself, but it was kicked out by the United States itself due to various reasons.
The intelligence agency admitted that it had conducted surveillance and eavesdropping on key departments of the country for a long time.
As soon as the news came out, many media people with a sense of justice in Bangzi country came out to criticize Laos and the United States, saying that this harmed the sovereignty of Bangzi country and would have an immeasurable negative impact on the relations between the two countries. Laos and the United States apologized.
The results of it!
Thunder, little rain!
Compared with the turmoil of public opinion, the officials of Bangzi Country were much calmer. Finally, the president came forward and responded to this wiretapping practice. He said in an understatement that the relationship between Bangzi Country and the United States would not be affected because of this incident.
In the face of official weakness, public opinion only raged for a few days and then died down, which fully demonstrated the status of the United States in the country of sticks. Neither the citizens nor the president wanted to mess with them, otherwise there would be no talk about the country of sticks. Army jokes.
It seems that near Panmunjom on the 38th line, several US troops stationed in Bangzi country made a bet, whoever can make the Bangzi officer anxious will win.
The first American soldier came over and said to Officer Bangzi in front of everyone: "I heard that Bangzi's food has begun to restrict meat."
Officer Bangzi had a complicated expression when he heard this, but he still managed to squeeze out a smile.
Due to the national military service and the fault of the previous military government, the government of Bangzi Country did not pay much attention to the food of the troops. As a result, the army of Bangzi Country was poorly fed and was comparable to its brothers in the north.
However, the reason why the army in the north is not well fed is because of economic problems. The government has no money and the army is not well fed.
The poor food in Nanbangzi's army was the result of the government's deliberate decision.
It is said that the food expenses for soldiers of the Bangzi Kingdom are only 2,144 Korean won per meal, equivalent to RMB 11.7. The treatment of soldiers in the training center is even worse, with the average food expenses per person being only 1,600 Korean won.
In the mainland, this is not high. After all, a meal only costs about ten yuan, and you can't eat anything good. Not to mention that in Bangzi country, where prices are two times higher than in the mainland, you can't even afford an ordinary box lunch.
So many Bangzi citizens complain that their soldiers are not as well-fed as their prisoners. Not to mention meat, even eggs are rare. If you want to eat meat, you can only eat it during the monthly dental festival. You don't even think about it at ordinary times. think.
In comparison, the U.S. military has good food. Not only does the food cost more than twice that of the Bangzi army, but there are also discounts when buying food. This makes the food of the two armies so different that the U.S. military He often teases Bangzi's army about his food.
The soldier from Bangzi Country could only smile bitterly and reluctantly gave a smile.
Seeing that the Bangzi soldier was not angry because he could not eat meat, another American soldier came up and asked him: "Why are the names on your ID cards in Chinese? Do you understand?"
When the officer from the Bangzi Kingdom heard this, his eyes widened with anger, but he still restrained himself from getting angry.
Until the third American soldier trotted up to the Bangziguo officer and whispered a few words in his ear,
At this time, the Bangziguo officer couldn't bear it anymore and yelled at the American soldier: "Xiba, are you crazy or what? You son of a bitch, don't you know there is a limit to joking?"
The other U.S. troops were puzzled and asked the third U.S. soldier what he had said that could have allowed the Korean officer to break through such a heavy defense.
He said: "Nothing, I just said we are ready to withdraw our troops from Bangzi Country."
Just such a joke made the soldiers of Bangzi Country furious.
Because the soldiers of Bangzi Country know in their hearts that it is time to play and make trouble, and don’t joke about the withdrawal of the US troops, because the neighbor to the north is too powerful. Even if the economy is not as good as that of South Bangzi, the army is.
Facing its millions of troops, Nan Bangzi, who had not fought for decades, felt really unsure.
With such confidence, the old American capitalists naturally do not worry about the Bangzi country's plutocrats defaulting on their debts.
So in a deal, the old American capitalists got the economic power of the Bangzi country. With the backing of the United States, the Bangzi country's chaebols not only had no opponents at home, but also dared to compete with consortiums like Japan Ben and Lei Weidong internationally.
The only people who suffer are the people of Bangzi Country.
In order to fight off international hot money, they donated money and materials, and used their family resources to collect more than 300 tons of gold.
As a result, the government surrendered and sold the company to old American capitalists. It also embezzled more than 300 tons of gold, leaving the people at a huge loss.
After completing their merits in Bangzi Kingdom and having enough to eat and drink, the international hot money began to withdraw.
Among them!
Some returned to the United States and quit the sweep of Asia.
Some people felt that Da Mao was easy to bully, so they went to Da Mao to make trouble.
There is also some hot money, which makes them very unhappy when they see that Xiangjiang has ignored the financial crisis. Not to mention that the mainland has escaped this storm because of its special system.
You Xiangjiang!
How could a small city have the nerve to ignore this?
So large sums of money began to gather in Xiangjiang, and the final battle in the financial crisis began.
(End of chapter)