Looking at the Thai baht exchange rate in front of us, let alone returning to more than 25, it will not even be able to maintain the exchange rate of 40. Many foreign exchange traders originally had a glimmer of hope and wanted to wait until the Thai baht exchange rate fell to a low point to buy the bottom.

, and finally couldn’t hold on any longer.

One after another they also started to go short.

This is obviously an unprecedented massacre of the Thai baht exchange rate. If they don't rush in and go short now, they will be really stupid!

Counting from now on, the Thai baht has depreciated by one-third, which can be called an unprecedented super depreciation.

Furthermore, retail investors and small and medium-sized institutions like them do not have to be long or short. They can go wherever there is money, and no one will have a grudge against money.

Moreover, their boat is easy to turn around, so even if it encounters a flip, they can sell off the chips in their hands as quickly as possible.

Seeing that there are a large number of retail investors, the middle power can short-sell, pushing the Thai baht exchange rate to gradually decline. Financial giants such as Soros and Zhu Changhong have tacitly chosen to stop and let retail investors dominate the current decline in order to retain as much funds as possible.

After all, for them, there is still a strong enemy waiting for them.

That is the Siamese government.

After all, the Thai baht, as the legal currency of Siam, is related to the interests of every Siamese.

It can be said bluntly that with the current decline in the exchange rate of the Thai baht, the production and life of countless Siamese companies and Siamese residents will take a big step forward, and even countless companies will go bankrupt, and Siamese people will be displaced and heavily in debt.

These are all normal operations.

Therefore, the Siam government will definitely find a way to increase the Thai baht exchange rate!

The so-called bulls who stood opposite them just now are obviously a bit insignificant compared to the government of a country like Siam.

And the Siam government is also the lamb they have been waiting for for a long time!

If the Siamese government does not come to an end, then their massacre cannot be said to be meaningless, but it can only be said that the harvest is very little.

After all, they have only released a quarter of their chips now.

With just this little bargaining chip, how much money can they make even if the Thai baht exchange rate is lowered to below 50?

As we all know, in the financial market, income must be linked to the investment principal and profit rate.

If the principal invested is not much, only 10,000, even if the rate of return is 300%, you will only earn 30,000.

But once the invested capital is 10 billion, it will make 30 billion, and the income of the latter is one million times that of the former.

After all, in this kind of financial transaction, there is no marginal benefit. The more you invest, the more you earn.

The same is true for the profit rate. Otherwise, no matter how much the principal is, if the profit rate is not good, you won't be able to make much money.

Just like Foxconn, its annual revenue has exceeded one trillion Chinese dollars, which is not terrible. But when you look at the profit, it is only 3%, which is a bit too high.

To put it bluntly, if you don’t consider that Foxconn actually has high growth characteristics, with this 3% profit rate, you can find a bank and deposit money in it, and the income will be higher than this.

However, now, they are almost satisfied with the profit rate. After all, from their perspective, the profit rate has now exceeded 40%. If the situation continues like this, it is estimated that making a profit of more than 60% will not be a problem at all.

of.

Enough!

The only thing limiting their rate of return now is that they can no longer invest money.

It has been emphasized many times before that financial transactions require counterparties and one purchase and one sale to complete the transaction. There cannot be a unilateral decline.

But now because of the lack of bulls, if they invest more money, the exchange rate will indeed fall rapidly as they wish.

But the problem is that once they want to liquidate their positions, they will not be able to purchase enough chips to return to the exchange because there is no long selling commitment, causing the exchange rate to skyrocket again!

After all, you must know that short selling means first borrowing chips from the exchange and then selling them in exchange for cash.

So when closing a short position, you must convert cash into chips and then return these chips to the exchange.

However, the difference between selling and buying is their profit or loss.

When they buy, the exchange rate of the Thai baht is higher than when they sell, then they lose money; conversely, if the exchange rate of the Thai baht is lower than when they sell, then they make a profit.

Therefore, once they can't find cheap chips and return them to the exchange, not to mention the 40% or 60% profit margin, they will have to spit out all the money they earned, and they will probably lose a little.

This is why they now have to wait for the Siamese government.

To put it bluntly, without the Siamese government using Siam’s tens of billions of dollars in foreign exchange reserves as rivals, whose money would they make?

"If the Siam government still doesn't come to an end by tomorrow, then we will have no choice but to stop!" Soros said calmly.

"You're going to stop now? You've been planning it for so long, and you're just going to stop after making so much money?" Hewlett asked in disbelief.

This is a bit un-Soros-like.

He, his own boss, has always been known for killing everyone.

Although there is a 40% profit now, because only a quarter of the chips invested, the profit is only 10%. Such results can only be said to be slightly better than bank financial management, and are definitely not worthy of Soros's reputation!

"What should I do if I don't stop?"

Soros glanced at him and snorted coldly.

"I think you should ask the government to put some pressure on Siam." Hewlett said unwillingly.

For a small government like Siam, once Washington starts to put pressure, let alone investing foreign exchange, let Siam borrow money to save foreign exchange. They will have to do it!

"Of course this move can be used, but now is not the time. Could it be that you want to launch a general attack now?" Soros said nonchalantly.

This is not to say that he is kind-hearted, but if all means are used now, how will Siam be exploited in the future?

Everyone has seen the process of squeezing sugar cane juice. If you want to squeeze out all the juice in the sugar cane, how can you squeeze the juice all over again? It is all done repeatedly until the sugar cane is completely turned into bagasse.

The same principle applies to robbing money from Siam. It is impossible to succeed once and for all. You have to do it over and over again to get all the wealth in Siam into their hands.

What's ahead is just the beginning.

Hewlett thought for a while, and then nodded helplessly. He naturally understood this truth, but he was just unwilling to do so.

"Sometimes, not doing something that cannot be done is also a kind of wisdom, which is more in line with the principles of heaven and earth!"

Soros said quietly.

Because Fang Chen repeatedly pressed him to the ground and rubbed him, he had read a lot of Chinese philosophy books in recent years and gained a lot of insights from them.

Although it cannot be said that the three views have been reshaped, there have been huge changes.

"Furthermore, if the Siamese government does not come out to save the exchange rate, it only means that the Siamese people have not yet felt the cruelty of the falling exchange rate. Once they feel it, they will naturally force the Siamese government to save the exchange rate!"

After all, you must know that the current exchange rate of the Thai baht has dropped by nearly 50%, which is equivalent to a 50% drop in the wealth of all Siamese people in US dollars.

Any raw materials that Siam cannot produce on its own will have a 50% price increase. This will definitely have a huge impact on the Siamese people. It is not an exaggeration to say that the people of Siam will be filled with grief and blood will be shed for thousands of miles.

Nowadays, when large-scale wars rarely occur, this kind of financial war is the most cruel war in the world, and countless lives will be plundered by this war!

It’s just that it’s not bullets that wipe out these lives, but poverty!

Poverty will kill them!

Destroy their souls!

It can be said that such a financial war will cause greater trauma to the Siamese people than a large-scale war!

The sequelae will be even more severe!

But is it his fault?

On the surface, it seems strange!

After all, if he hadn't started this war, Siam would not have ended up in such a tragic end!

But he doesn't think so, he even thinks he is a brilliant surgeon!

Puncture the patient's pustule and remove the affected limb. Only in this way can the virus not infect the good body and Siamese can continue to survive healthily...

To await his next resection!

After all, the reason why he attacked Siam was because Siam had its own problems. Siam used a large amount of external funds to push up its stock market and real estate, which was why its economy experienced abnormal growth.

!

In other words, he just made Siam return to what Siam should have been!

What it will look like when there is no large-scale use of foreign currencies and no large-scale bubbles!

All the gifts given by fate have been secretly marked with a price. When Siam chose to take such a path, the countdown to what he did today had actually started.

Even if he doesn't come, this bastard Fang Chen will come!

When he thought of Fang Chen, his teeth itched with hatred!

Although there is no specific information, he can clearly state that among the financial giants who are shorting today, Fang Chen definitely has a share, and the share is definitely not small!

Fang Chen is smarter than a monkey even if he doesn't have sticky hair.

However, the only thing that gave him some relief this time was that Fang Chen didn't know that he was now under his nose, also in China.

It will never happen, like when he was sniping against the British pound, and he was forced to cut off Fang Chen's rear!

Last time, because he cut off Fang Chen and asked him to run for half an hour, he lost a total of 50 million US dollars!

But compared with the humiliation Fang Chen gave him, these fifty million dollars are actually a trivial matter.

When had he, a great financial tycoon, ever suffered such a loss and been a backer for others?
To be continued...