The flowers in the factory of rebirth are too fierce

This news was not even broadcast in China. For the vast majority of ordinary workers on July 2, what happened thousands of miles away in Nanyang had nothing to do with them. They continued to eat and work as usual. , so the big news that shocked the world didn't even stir up a splash in China.

But in Slow Valley, 1,700 kilometers away from Yangcheng, this news was like a nuclear bomb that turned the whole of Siam, and even the whole of Southeast Asia, upside down.

Countless traders on Wall Street immediately began executing the same order after the news was announced.

Sell ​​Thai Baht and buy US Dollars.

When the spokesperson of the Siamese government announced this news, the Thai baht exchange rate fell immediately, with a big negative line falling heavily, like the Milky Way plummeting for nine days.

After the market closed at noon that day, Huang Mingzhong of Tongming Bank sat in his luxurious office, staring blankly at the exchange rate display on the computer screen, and stretched out his slightly trembling hand to reach for the phone on the table.

But as soon as his hand touched the receiver, the phone emitted a harsh ringing tone, which scared Huang Mingzhong.

"Hey, Mingzhong, have you seen the exchange rate?" Mi Hongpu's voice came from the receiver.

Huang Mingzhong smiled bitterly and said: "What do you think, otherwise, how could I answer your call so quickly?"

Mi Hongpu sighed, "Mr. Lin predicted everything. Mr. Lin is such a god."

"Hongpu, fortunately the two of us made preparations in advance, otherwise..."

Mi Hongpu hesitated for a few seconds, "Mingzhong, what do you think will happen when the market opens in the afternoon? Will the Thai baht continue to dive? Will this situation in Siam affect other countries in Southeast Asia?"

"Hongpu, don't take chances. Think more about what Mr. Lin said before. When the nest is overturned, the eggs will never be finished. Fortunately, we cleared some bad loans at the end of last year and tried to reserve as many US dollars as possible. For the time being, Whether we can withstand it for a while depends on how long this crisis lasts and how wide the impact is, right?"

"Do you think we should call Mr. Lin?"

"Let's wait for the market to close and see what happens in the afternoon?"

Just as Huang Mingzhong hung up the phone, the ringtone rang again almost instantly.

This time it's Zhang Zhicai.

"Mingzhong, who were you talking to on the phone just now? What took you so long?"

"Hongpu!" Huang Mingzhong knew the purpose of Zhang Zhicai's call without having to guess, "Zhicai, now you believe it, I think you should call Mr. Lin immediately and apologize properly."

"Yes! That's what I meant when I called." Zhang Zhicai was sweating profusely on the other end of the phone. Fortunately, he listened to Lin Zhiyuan's suggestion and located the steel plant in the mainland. If it were located in Yinni, the consequences would be disastrous.

"Mingzhong, do you think this crisis in Siam will spread to Xinjiapo?"

"Zhicai, we have to give up our illusions now and prepare for the most pessimistic scenario! It is estimated that our losses this time will not be small."

"Then let me call Mr. Lin. Maybe he will have something to do." Zhang Zhicai was worried.

The Zhang family's century-old foundation is in Xinjiapo, in Nanyang. If the spread of this financial crisis increases, the losses of the Zhang family will be extremely heavy.

Zhang Zhicai dialed Lin Zhiyuan's mobile phone number, but unfortunately, he heard a busy sound.

******

Lin Zhiyuan was on the phone with Zhang Wenyi and Stephana.

Zhang Wenyi was originally in school in the morning, but Stephana ran to the classroom and pulled her out.

"Stephana, what's wrong with you?" Zhang Wenyi looked at Stephana's panicked face and was a little confused.

Stephana pointed to the south with her finger, "Zhang, Lin's prediction is starting to show effect. Just now, the Siamese government spokesperson announced that the Thai baht will be decoupled from the US dollar. Do you know what this means?"

Although Zhang Wenyi did not major in economics, after several debates with Lin Zhiyuan, she also had a certain understanding of the relationship between these currencies.

Zhang Wenyi's face instantly turned pale.

Siam's implementation of a floating exchange rate system means that the resistance of the previous six months has completely ended today. From now on, the Thai baht will enter a state of free fall.

What Lin Zhiyuan said before is all verified today.

Stephana took Zhang Wenyi's hand and walked to the computer room. As she walked, she said, "Zhang, I want to see the latest changes in the Thai baht exchange rate now. Please hurry up."

Zhang Wenyi followed her into the computer room involuntarily.

The computers here are connected to the Internet.

Stephana quickly opened an exchange rate webpage and read it intently.

When she saw that the K-line of the Thai baht's exchange rate was indeed falling straight down, she breathed out softly, "Everything has been verified. Those hot money officially took action today."

Ever since Lin Zhiyuan made those predictions about the Nanyang financial crisis, Stephana began to pay attention to all information related to it.

Today's news did not happen suddenly. In the past few months, Siam's foreign exchange market has been turbulent.

In February, the Atomic Fund entered the Siam foreign exchange market with US$2 billion as a vanguard to attract the attention of the financial sector. Subsequently, a large amount of international hot money gathered 50 billion baht in forward contracts in a month through diversified investment.

In March, more than a dozen financial institutions including Goldman Sachs, Atomic Fund, JPMorgan Chase, and Barclays formed an offensive and defensive alliance and sold hundreds of billions of baht and forward exchange rate contracts in just four hours.

Hundreds of billions of baht and forward exchange rate contracts were sold. Under the law of downward supply and demand, the Thai baht exchange rate plummeted, and more than 67% of Siam's domestic capital fled frantically.

In the past few months, the Siamese government has been struggling to support itself, and its US$30 billion in foreign exchange reserves have been exhausted. In order to maintain the exchange rate unchanged, the Siamese government borrowed US$15 billion from international financial institutions. However, this mere US$45 billion in funds was like a drop in the bucket compared to the immeasurable international hot money and was of no avail.

They have no bullets in their hands and can only be slaughtered.

Therefore, today’s announcement by the Siamese government to decouple the Thai baht from the US dollar and implement a floating exchange rate system is actually a helpless move and a surrender after resistance.

Before the foreign exchange market closed in the morning, Stephanna, a top student majoring in economics, knew what a tragic ending awaited the Thai baht. She decisively dialed Lin Zhiyuan's phone number.

"Lin, are you paying attention to the Siam currency market this morning?"

"No, I'm at work. What happened?" Lin Zhiyuan asked knowingly.

Stephana took a deep breath and said, "Lin, you are a great economic prophet. I apologize for my past offense to you."

"And me, Mr. Lin, I'm Zhang Wenyi. I'm really sorry. My family really misunderstood you in the past." Zhang Wenyi grabbed the phone and also apologized.