After Li Zhongxin explained the matter about the financial crisis in 1997 to Masako Mitsui and Eika Komura, he began to talk about this aspect to Masako Mitsui and others.

First of all! We must use the fastest speed to connect our financial system with the Thai bank and the Thai baht. In other words, our financial system can have a foreign exchange trading system, which can form a systematic trading.

platform.

During this period, we began to conduct small operations on currencies such as Thai baht. This operation is something that everyone can see. We must constantly lend out the local currency of currencies such as Thai baht and constantly repay the local currency.

, let people feel that what our banks are doing is a transaction system in this aspect, which is an important layout for Zhongxin Mitsui Bank to be optimistic about Asian development.

Zhongxin Mitsui Bank is one of the largest banks in Asia. It should play a certain role in leading the way and play a positive role in currency exchange between countries. Our Zhongxin Mitsui Bank should carry out banking business in several Asian countries.

Several important countries established the Chungxin Mitsui Bank.

After this system is completed, we will deploy several platforms overseas to connect with our system. That is to say, as long as someone opens an account on those platforms, they can directly conduct transactions about Thai baht, Malaysian ringgit and other currencies.

Short or long.

During this period, we must cooperate with banks from all over the world to maintain smooth flow of foreign exchange channels.

Through Zhongxin Mitsui Bank, some external funds can also be allowed to enter various countries and invest in these countries or other businesses. Our Zhongxin Mitsui Bank can do some guarantee business at appropriate times, but! This guarantee business must be established

On the basis of collateral, that is, after evaluating real estate or fixed assets worth 10 million, we can give loans between 50 and 60%. This is probably the case.

They cannot repay our loan within the specified time, and we have the right to recover these real estate or fixed assets.

Based on cooperation with Chungxin Bank, Chungxin Mitsui Bank will also cooperate with the Dutch Bank acquired by Chungxin Company in Hong Kong and jointly split out some transactions with the Bank of the Dutch Bank.

As for the Rothschild family, they also need to actively cooperate. Based on the principle of not cheating or harming others, they must also establish a certain shipping channel there. This is basically open.

This operation allows many people to see traces.

The other platforms must be secretly manipulated. After the transaction reaches a certain amount, the place will be discarded directly.

In addition, during this year, traders should buy some index-related stocks in these countries at the right opportunity, and then quietly wait for the opportunity. Before the financial crisis breaks out, we will do the specific operations carefully.

Li Zhongxin knew that after internationally clarifying the Brasenton system, two major international monetary cooperation institutions were established, namely the International Monetary Fund and the World Bank for Reconstruction and Development - the World Bank. However, these two major international currencies in the world were established.

In secret, the institutions are actually controlled by superpowers.

The monetary policies of countries around the world implement a double-peg policy, that is, the US dollar is pegged to gold, and the currencies of various countries are pegged to the US dollar according to their gold content.

Because of the recovery of the European economy and the rise of the Japanese economy, the floating exchange rate system came into being.

Therefore, nowadays, all countries have their own exchange rate system for their own currencies. Some major countries in the world have adopted independent monetary management policies for their currencies, mainly those industrial powers.

In fact, most countries are actually following these industrial powers, such as the United Kingdom and the British countries mainly use the British pound, France and French countries, etc., which are mainly use their own currencies.

The currencies of most countries in Southeast Asia are directly pegged to the US dollar, and the currencies of countries follow the US dollar.

Most of the mainstream monetary policies in the world adopt separate floating exchange rate policies, such as the United States, Britain, France, Germany, Japan, etc., and there are about 30 countries, thus forming a "world currency" that is common in the international market.

Such as US dollar, yen, pound, etc.

Most other countries in the world are linked to the currencies of these major countries, which means that their currencies will float with the currency of the major countries. This is called pinning the floating exchange rate system, which means that the currencies of these countries follow the currencies of these major countries.

Changes in currency exchange rate.

Hong Kong implements a "linked exchange rate system", which can be said to be a mutated pegging floating exchange rate system, and the currency is based on foreign exchange reserves when issuing.

So, at this time, Thailand and Hong Kong are the main offensive directions of foreign big capitals.

This thing that international speculators are not difficult to play with. The first thing they need to do is to borrow the local currency of the target country first.

The source of the local currency mainly includes the currency market of the target country, the international financial market (offshore market) and the country's stocks or bonds sold.

International speculators will adopt an asymptotic approach to gradually inhabit it to prevent the short-term borrowing of large amounts of target countries' local currencies from increasing the cost of holding the local currencies.

Until they have enough local currency in their hands, they will sell the local currency in a concentrated manner to suppress the exchange rate of the local currency. Speculators will also pay attention to the timing of selling, and will generally sell their local currency when negative news about the target country's economy and finance is spread;

Or spread rumors of negative news to drive other investors to follow suit.

Once the target country's local currency depreciates, speculators buy back the local currency at a low price to repay. The interest required for the loan is the speculator's profit.

In this process, whether speculators can obtain the target country's local currency is the key to the attack. If non-residents can obtain the local currency more easily in the target country's currency market; or if the target country's local currency is more internationalized, non-residents will be more likely to leave the target country's local currency.

If you obtain local currency in the shore financial market, or if non-residents can more easily hold and sell stocks and bonds of the target country, it will be easier to carry out such attacks.

Li Zhongxin does not want to be the first to be a leader in this regard. Many of these operations are traceable. Once there are problems with this matter, they will be suppressed and controlled by most countries, and may even be
Chapter completed!