But what about this Asian financial crisis?

56 banks in Siam were squeezed out, the Thai baht devalued by 60%, the stock market plummeted by 70%, the Javanese dong depreciated by 53%, the Malaysian ringgit fell by 25%, and the Japanese yen dropped from its peak of 80:1 in 1995 to

The 150:1 ratio in 1998 was almost cut in half.

South Korea is even worse. The exchange rate has dropped from more than 4,000 won to one U.S. dollar to more than 10,000 won to one U.S. dollar.

But the worst situation was in Russia. The Russian ruble dropped by 70%. That year, Russia had six prime ministers.

The economic growth rate of the Four Little Dragons and Four Little Tigers has dropped directly to negative numbers from about 7% to 8% in the previous year.

In Southeast Asian countries like Siam, Java, Luzon, and Malaysia, the poverty population has increased from about 20% in the previous year to about 35%.

It can be said that the price paid by Asian countries during this financial crisis far exceeds that of European countries.

"Actually, it's nothing. I just thought about it. In fact, Qingtian Trading doesn't need much money this year. If I squeeze out another 200 million US dollars, it should be okay."

Ma Yun said a little shyly, but the gleam in his eyes clearly exposed his inner thoughts at this time.

Stunned for a moment, Fang Chen couldn't help but roll his eyes several times. Everyone.

I was told to take money without taking it before, but now it’s good. When I heard that it was profitable, I suddenly got excited, and like a magic trick, money suddenly appeared again.

Seeing Fang Chen's unkind expression, Ma Yun smiled.

The reason why he didn't take money before was for the sake of the trading company. He was afraid that if the company suddenly needed money, he would be able to meet it if he had more money.

But it's different now. Although he doesn't know much about financial matters now, he still knows one thing.

In finance, the more the capital, the greater the final return, and there is almost no marginal effect.

Especially this time it was Fang Chen who was going to steal the money, so the opportunity was even more important and would never come again.

He has not yet realized that the financial crisis that occurred in several countries could really happen again in a few years.
Chapter completed!