my girlfriend is the president

Chapter 447 The Economic Crisis Breaks Out

An economic crisis that spread to the whole of Asia quietly broke out, and Sodley, the founder of the World Quantum Fund, silently took action on Thailand's baht.Speaking of this Sodley, he is actually not a business genius, let alone an expert in manipulating the economy, but his fate is good.There is an old saying in the Huaxia Kingdom: It is difficult for people to find money, but it is difficult to find money if you find someone who is right.

Speaking of the Great Depression in the United States that year, this Great Depression was a Great Depression after a fairly prosperous process. Many Americans accumulated a lot of wealth in their hands, but because of the economic depression, these rich people dare not enter the stock market. It is too high to dare to hoard, hundreds of millions of trillions of dollars urgently need to find value-added channels.

But at that time, Europe introduced a Marshall plan, which caused the stocks of European countries to soar, but the Americans didn't know it. Sodley's sense of smell was very sensitive. made a fortune.He also became famous because of this battle, and he became a quantum fund.

In the year when the Quantum Fund was established, another good thing caught up with Sodley. East and West Germany were preparing to unify, so the Deutsche Mark began to grow wildly, while the price of the British pound weakened due to the establishment of the US dollar's status as a world currency.Sodley sold sterling to buy Mark, making him earn more than one billion pounds in one day.Although the Central Bank of the United Kingdom spent huge sums of money to stop it, it was still defeated and did not do anything to Sodley.

Now Sodley is even more famous, and more funds have been injected into the Quantum Fund.Sodley had money in his hands, so he aimed at the fast-growing Asian countries. This time he came to Asia with a trillion dollars, intending to flatten Asia, so a currency station that shocked the world began...

As the saying goes, when you eat persimmons, pick the soft ones, and Suo Deli first aimed at Thailand.At that time, the interest rate difference between Thailand and the United States was about [-]%, and the deposit rate in Thailand was high.Sodley exchanged all one trillion U.S. dollars into Thai baht and deposited it in Thailand, which made him earn a [-]% price difference in vain.Under his influence, more hot money flowed into Thailand.

At that time, the exchange rate between the Thai baht and the U.S. dollar was a fixed exchange rate, so Sodley borrowed 1000 billion baht from the Bank of Thailand in the form of mortgage.At that time, this incident alarmed the Thai government. They were extremely happy, thinking that if world-class businessmen came to invest and borrow money, the government would be able to enjoy a lot of interest, and the country's economy would definitely be revitalized.

But Sodley converted all the 1000 billion baht into US dollars without using a penny.He began to think of ways to turn Thailand into a floating exchange rate country, devaluing its currency.

As for how to depreciate the Thai baht, Suo Deli naturally has a brilliant idea, which is to continue to borrow money from major banks in Thailand.Because there is a quantum fund under Sodley's name, the banks are of course not afraid that he will not pay back the money, so they will respond to requests.However, Sodley bought US dollars from the Thai government in batches and batches with the money.

Now the people in Thailand are panicking. They don't know what happened to the Thai baht. Why are banks and markets selling the Thai baht?And the dollar is so hot.Since everyone feels that the U.S. dollar is good and their status is strong, they all go to buy U.S. dollars together, which forms a huge radiation effect.

The Thai government finally couldn't take it anymore and began to announce that we don't have so much foreign exchange reserves, and now there are no US dollars.Therefore, after urgent consultations, the government finally came up with what they thought was the best and most appropriate solution, which was to implement a floating exchange rate and devalue the Thai baht. Only when the Thai baht devalued could the US dollars be sold.

This time, the Thai baht depreciated sharply, from 25:[-] at the beginning to [-]:[-].At this time, Sodley made a move. He exchanged all the U.S. dollars for Thai baht, swiping hundreds of billions of U.S. dollars at once, and Thailand's economy collapsed.

Then, Sodley began to do the same to other countries in Asia.Japan, Myanmar, the Philippines and other countries were not spared, and their economies were all hit hard. Some fell into a slump, and some regressed for more than ten years.

Sodley's name is now like a devil, and any country feels terrible and headaches when it is mentioned.

Suo Deli's final goal is Huaxia Kingdom. He knows that the economic strength of Huaxia Kingdom is not the same as those small countries, so he first made a move to the port city of Huaxia Kingdom.The city of Hong Kong is like a child of Huaxia Kingdom. Of course, mothers will not ignore it. Therefore, the Huaxia Kingdom government began to block Suo Deli, and the two sides launched a war that did not see swords, lights and swords, but was even more tragic...

Affected by this, China's domestic stock market also began to fluctuate sharply, with a daily limit for many days in a row, as did Tianlong Group's stock. Li Zhongcheng knew very well that in just over ten days, his wealth had shrunk by half more.If the bank can't lend him money at this time, or the profitability of each branch company does not improve, he may really go bankrupt.

Li Zhongzhong urgently needs to find someone who can rescue him from the fire, and he must have a fairly strong financial strength and enough funds to buy back the shares of Tianlong Group, stabilize the stock price, and keep Tianlong Group.

That night, Li Moxin and Leng Feng returned home after dinner, and saw her father sitting in the living room, smoking a cigarette and meditating, she didn't even look up when she went in, and his face was gloomy and scary.Li Moxin knew about the fluctuations in the stock market, and her father went to many banks to ask for loans, but was rejected.

"Father, you haven't eaten yet, have you?" Sitting beside her father, Li Moxin said softly.

"I'm not in the mood to eat now, Mo Xin. If the company goes bankrupt, you have to leave Jinghua City. I have prepared a document for you with Lawyer Wang. You can just find him when the time comes." Li Zhongcheng's eyes His heart was full of blood, and his heart was haggard.

"Dad, don't be so pessimistic, okay, the situation will get better." Li Moxin took her father's arm and comforted her.

"Hehe, now that Suo Deli sells Hong Kong dollars wantonly, and all the country's money is used to save the market. If there is no more capital injection, I think Tianlong Group has no hope." Li Zhongcheng said with a wry smile.

Li Moxin was silent, how could she not know the severity of the situation now.

"Dad, haven't you thought of a way at the bank?" Li Moxin asked.

"No one dares to ask for money now. It's bullshit to say that some country has tightened its monetary policy and stopped lending. Why do some companies get hundreds of millions of dollars from the bank?" Li Zhongcheng endured. I couldn't help scolding.

"Dad, do you think someone is playing tricks on it?" Li Moxin asked tentatively.

"No way? I, Li Zhongcheng, pay for my actions to be aboveboard. I have not offended anyone. Besides, the person who can talk to several major banks is not an ordinary person. No way." Li Zhongzhong shook his head and said.

"Then, what are your plans? Do you still want to borrow money from Leng Tianhao?" Li Moxin asked.

Li Zhongcheng was silent. Leng Tianhao couldn't open his mouth anymore. If he borrowed more, he would have to mortgage more shares. If he didn't pay, Tianlong Group would become his Leng Tianhao's.

However, looking at Huaxia, who can give him a hand at this time?

Suddenly, Li Zhongcheng thought of a place, maybe they could help each other, but he hesitated immediately, because he knew that it would be difficult to open this mouth, after all, it was more than one billion yuan of funds, and there was another A well-known secret...

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