Five hundred and eighty-fourth chapter fire chestnut
Baumner is an architectural designer in San Jose. He once studied under the great designer Frank Gehry. He is now one of the partners of a design company and is worth a lot of money.
On weekdays, Baumner doesn't pay too much attention to financial news. Today at Greco's villa, while Baumner was chatting with a few acquaintances, he saw Song Yang leaving.
Come in.
Baumner is naturally no stranger to Song Yang. In San Jose, Baumner has heard the names of countless geniuses, but Song Yang is still one of the names Baumner has heard the most in the past few years.
As an architectural designer, Baumner frequently received design orders from technology companies to build headquarters in San Jose. Regarding Song Yang, there were naturally many rumors, and the most likely one was the icq headquarters.
Baumner still has a vision. He knows that as long as the Internet industry really develops, technology companies in San Jose will definitely establish their own headquarters in the future, and the big orders he gets will definitely be indispensable.
Just when Baumner was about to get up and talk to Song Yang, he saw Song Yang staring at the TV. Song Yang and Greg whispered a few words from time to time. Seeing this situation, Baumner stopped himself
footsteps.
I only saw the female host on NBC's International News Channel saying, "The latest overseas news, Siam, an emerging economic region in Southeast Asia, announced that starting today, it will officially abandon the fixed exchange rate with the US dollar, and the Thai baht, which has maintained a fixed exchange rate for 13 years, will
Huge changes have taken place…”
When he heard this, Baumner still had some hindsight. He was not proficient in this aspect, and Siam was really far away from America. Baumner's impression of Siam was still in his seventies.
In the 1990s, Cochin, which lost an entire generation in America, knew that Siam was next door to Cochin, and that was all.
But Baumner saw that Song Yang's face became a little more serious when he saw the news. After saying a few words to Gleick, the latter immediately picked up the phone and went upstairs.
Baumner didn't know why Siam, a country far away overseas, could attract Song Yang's attention.
"Wall Street analysts have warned about the Thai baht and the Siamese region's economy. Siam is facing a huge debt crisis. Its short- and medium-term debt has reached 79 billion U.S. dollars, while the U.S. dollars it holds are only 33 billion U.S. dollars!"
Sure enough, it is the style of Wall Street. Yesterday, they were still touting Asia as the engine of the world economy. Today, they started to warn that there are risks in Siam and other places. Don’t change your face too fast. It’s comparable to Britney’s transformation into Mrs. Cow...
…
Once Wall Street started taking action, it was one wave after another, one wave after another, without giving Siam a chance to react.
Just a few minutes later, several major public television stations in America began to collectively turn their guns on Siam, and various news continued.
“Nine financial companies and 11 mortgage companies in Siam have liquidity crises!”
"Moody's announced that it will adjust the credit rating of Siam's three major banks from a2 to a3."
“Siam’s export expectations for the new quarter have fallen sharply, with growth only less than 4%!”
"Wall Street analysts issued a warning about the Siam region, and many American banks suspended short- and medium-term lending to Siam!"
If you turn on the international news and financial channels of any TV station, you can see serious-looking analysts, experts and professors issuing warnings about Siam's economy.
TV station C is no exception. TV station C reports on these, but there are still several public relations companies from Washington. C has invested two million US dollars in advertising sponsorship, and the requirement is that icnc broadcast the information they provided in the news.
A manuscript!
As the center of global news, when America's public opinion machine began to activate, the news of the change in the Thai baht in Siam spread throughout the world in an instant.
When Baumner saw Song Yang watching the news on the TV station, he left in a hurry, leaving Baumner to miss the opportunity to build relationships. After all, he was also one of the richest people in America.
The next day, when Baumner returned to the architectural design office, he saw many designers holding a newspaper and reading, while the partners of the other two design companies were also staring at the TV.
"Quantum Fund announced today that it is shorting the Thai baht. It is reported that the world's most famous hedge fund, Soros, the founder of Quantum Fund, who has shorted the British pound and the Japanese yen, has officially begun shorting the Thai baht. As of now, the Thai baht has fallen 30% in a single day.
, the exchange rate with the U.S. dollar has dropped from 25 baht to one U.S. dollar to 33 baht to one U.S. dollar. The Thai baht has hit a new low in 13 years, and Quantum Fund has made a crazy amount of 240 million U.S. dollars in a single day!"
Watching the news on TV, the lawyers from the two design firms shook their heads. It could be seen on TV that Siam's stock market plummeted immediately after it opened today, as if there was no end to it.
News about investors jumping off the rooftop.
Gu Hao
"Siam is finished!"
Two partners of an architectural design company saw on TV that there were long queues in front of the major banks in Siam. They were all Siamese people who were eager to exchange their Thai baht into foreign currency. Then they saw that they were completely exhausted.
With the chaotic Siam stock market and foreign exchange, even a layman can see that Siam has been bitten by Soros this time.
"Soros is probably going to make crazy money this time. He has never failed before, these vampires!"
The two partners looked at the TV report with the mood of watching a drama. They were a little disgusted with Soros. They knew that he was an out-and-out vampire, but they were also a little envious. In one day, they snatched him away from Siam.
With more than 200 million U.S. dollars, how can they not make people jealous? They have no chance, and if they have the chance, I'm afraid they won't let it go.
"Baumner, what's wrong with you?"
The two partners who were arguing turned around and saw Baumner, who was a little stunned. They didn't know what happened to Baumner.
Baumner slowly shook his head. Looking at the news on the TV station, Siam was in mourning, while Quantum Fund, Tiger Fund, etc. were making crazy money. Thinking of Song Yang he saw last night, Baumner looked at the two
A partner asked, "This time, will Soros be the only one to take action?!"
The two partners were obviously stunned for a moment. This time the Quantum Fund has created such a huge momentum that Soros alone will certainly not be able to cause such a disturbance.
"So what," one of the partners stretched, "No matter how many people do it, it has nothing to do with us!"
This hunt has nothing to do with people in America and most other areas. Basically, they are just watching the show, watching Soros and his gang rob, and wash away all the wealth accumulated in Southeast Asia for more than ten years.
null.
But Baumner had a feeling in his heart that this time, Song Yang was also cutting leeks in Southeast Asia!
Just like the first domino falling, when the Thai baht began to fall, countless companies and investors in Siam began to find ways to exchange the depreciating Thai baht in their hands into U.S. dollars, gold, etc.
In addition, Soros and other hedge funds rushed over with the fishy smell, and cooperated with Wall Street institutions to sell the Thai baht crazily. In just two days, it fell 60%, and the entire Siam basically began to collapse.
, those more than 30 billion US dollars in foreign exchange have long since disappeared without a trace!
"The number of Paypal users in Siam has increased by more than 480%. Paypal, which opened business in Siam, set another record in a single day, with more than 210,000 new users!"
When Siam was in turmoil, Paypal entered the Siam market with high profile. By supporting the foreign exchange function, the number of users exceeded 500,000 in a few days.
Although the amount of foreign exchange that each user can exchange is very small, it is more than 20% lower than the official exchange rate, and more than 15% of the handling fee must be paid. For this reason, Siamese users who go to the Paypal platform to exchange,
It’s still a steady stream.
I'm afraid that anyone who sees the banknotes in their hands depreciating by dozens of percent in a day and unable to exchange them from the bank will see that the banknotes in their hands are about to become waste paper. I'm afraid that anyone who can seize the opportunity to convert waste paper into money
, will not let it go!
The Internet level in Siam is not high. Within a few days, more than 500,000 users registered as Paypal users, which is a quite exaggerated figure. Many users who do not even know what the Internet is heard that they can use Paypal.
After exchanging Thai baht for U.S. dollars or gold, groups of people came over, and there were even scenes of dozens of people using one Paypal account to exchange.
"The number of Paypal users is expected to increase significantly in Siam, Cochin, Singapore, Japan, Malaysia and other places in the next few weeks!"
The person in charge of Paypal sent to Asia reported to Song Yang, Aaron Swartz, Gleick and other senior executives over the phone that after this wave, Paypal has basically established a firm foothold in Southeast Asia. I am afraid that local users are
I would rather trust Paypal than local banks. In the past few days, more than 58 banks in Siam have closed down.
"Paypal needs to establish a firm foothold in Siam and other places and establish relationships with local companies and major customers!"
Song Yang explained to the person in charge of Paypal over the phone that Paypal has entered Southeast Asia and other places and attracted a large number of users, but when it comes to how many US dollars it has earned, it is not. On the contrary, it is like
In a place like Siam where the exchange rate has collapsed, PayPal provides foreign exchange exchange and may actually bear part of the losses.
This is a bet. After being bullied by Soros, Siam can relax. Then the users, relationships and connections established by Paypal in the local area can be used. In the future, Siam will engage in foreign trade and cross-border transactions.
Chapter completed!