My father, Zhao Lichun, is in the name of Tiggo!

If we continue to do this,

the transaction fees for entry and exit alone will be enough to hurt New Angel.

However,

you can’t catch a wolf without sacrificing a lamb.

What Ye Baoyi wants is a herd effect.

New Angel will continue to borrow Thai baht from Dai financial institutions,

and then sell Thai baht,

and convert it into US dollars.

“With our size.”

Ye Baoyi concluded: “If it repeats for a month at most, there will be so many Thai baht in the Dai market that they will be sold everywhere.”

Dong Dongfang’s face was serious,

When the currency in the market suddenly began to increase,

everyone had only one instinctive reaction,

sell!!!

What will happen next?

The exchange rate will loosen!

For example, the original fixed exchange rate was 1 US dollar to 25 Thai baht!

Now, with this,

it may become 1 USD to 26 THB!

"Of course, the government is the government after all, it can't just sit back and watch the exchange rate loosen."

"So."

In this regard,

Ye Baoyi has discussed this with Zhao Ruihu and Liu Luanxiong many times,

the plan is mature,

and the chopping board has long been cleaned.

"The Dai government will use its huge foreign exchange reserves to buy a large amount of excess Thai baht in the market."

When Ye Baoyi talked about this,

he looked at Dong Dongfang specifically.

Save the market,

Save the market,

that is, take over,

no matter where,

you must take over the currency that the opponent has dropped.

Ye Baoyi speculated on the Dai government's means: "Based on the Dai government's style of doing things, it is very likely to issue an administrative order to prohibit domestic banks from lending Thai baht to foreign hot money."

Dong Dongfang's mind sank,

This is actually telling himself a solution,

The Dai government can do this,

Can I do it?

He thought about it,

I'm afraid it won't work!

"In addition, generally speaking, the Dai government will also increase the overnight lending rate."

Lending refers to lending between banks,

This operation,

as long as it is to increase the financial cost of foreign hot money.

"If the above conditions are met."

Ye Baoyi said: "In the first round of confrontation, the government can generally stabilize the Thai baht."

"That is to say, New Angel will lose money."

Dong Dongfang saw that Zhao Ruihu and Ye Baoyi were calm and composed,

and did not care about the loss at all,

so he knew that the two had expected this and

had made sufficient preparations.

Thinking of the two of them fighting against a country with one company,

Dong Dongfang was immediately shocked by their courage!

He then asked: "Since the government is prepared and can take over, what will happen next?"

Zhao Ruihu and Ye Baoyi laughed together

If a country is not closed to the outside world,

it must trade with the outside world,

trade requires a currency that is recognized by people,

at present,

of course it is the US dollar!

The US dollar is printed by the Federal Reserve,

if there is an economic crisis in the United States,

the Federal Reserve may start printing money to save the US economy.

The Dai Kingdom does not have a dollar printing machine,

its foreign exchange reserves are accumulated bit by bit,

the total amount is limited.

and unfortunately,

the foreign exchange reserves of the Dai Kingdom are only more than 10 billion US dollars.

"New Angel seems to have lost money, but Dai's foreign exchange reserves have also been consumed a lot."

Of course,

New Angel can borrow and sell in a cycle,

The Dai government can't,

It can't immediately exchange the Thai baht it exchanged for dollars,

otherwise, wouldn't it be crashing the market?

Dong Dongfang said,

Dai's foreign exchange will gradually decrease as a result,

When the family assets are gradually empty,

The rice jar is empty enough for mice to run,

What will happen?

The government will definitely not be able to support it.

Ye Baoyi said slowly: "In this process, we will try our best to borrow money from Dai's financial institutions."

Before,

Ye Baoyi had already said,

The Dai government is very likely to block local banks from lending money to foreign hot money.

It is a pity that

Ideals are beautiful,

Reality is often cruel.

Not every bank will stick to the administrative order,

Plus there are so many institutions, enterprises, and wealthy individuals outside,

Under the temptation of interests,

How can they hold back?

Of course they will lend the money.

Of course,

This must be a high interest rate!

What does it matter to the new angels?

They come to Dai for only one purpose,

To break the Thai baht!

When the Thai baht collapses,

You can buy back the original Thai baht with just a little bit of US dollars,

It doesn’t matter at high interest rates.

Ye Baoyi continued: "In addition, we will also spend money on the propaganda machine to continuously spread the message that the Thai baht will depreciate in the Dai country and even in the international market~¨."

This is not enough,

Once the attack begins,

It will be all-round.

The New Angel will launch a full-scale attack in the Dai country's stock market, futures market, foreign exchange market and other markets,

Desperately sell the Thai baht,

and attract international capital to follow up.

There is only one purpose,

to cause a comprehensive panic!

When the locals begin to panic,

the battle will be won!

Ye Baoyi finally finished speaking,

He said quietly: "Mr. Dong, the wholeThis is the framework. "

"As for the details, we should adapt to local conditions."

"But I think, as long as we can't escape this framework, the overall situation will be basically determined."

Great,

Great!

Recently,

Dong Dongfang has also been reviewing the previous sharp drop in the pound and the Mexican peso.

He was a little confused at first,

Now after hearing Ye Baoyi's explanation in person,

he immediately had a comprehensive understanding!

"Trend?"

"That's right."

Zhao Ruihu spoke at this time,

He said slowly: "Sir, this is called when the time comes, the world will work together, and when the hero leaves, he will not be free."

"When the trend is formed, no one or anything can resist it. "

Ye Baoyi has explained it very clearly,

it is impossible to explain it again,

the rest,

will depend on Dong Dongfang himself.

"My mission is completed."

Ye Baoyi nodded slightly: "Mr. Dong, goodbye."

"Sir Zhao, I'll go first."

The two of them quickly got up and sent Ye Baoyi out of the study,

Dong Dongfang watched Ye Baoyi disappear,

then sighed softly: "Ruihu, thank goodness for you. "

Dong Dongfang certainly didn't have a framework in mind,

but he believed that the financial secretary of Hong Kong and the experts in the HKMA would definitely formulate a corresponding plan,

plus Shenzhou had already expressed its position,

saying that,

if there was a crisis,

they would definitely support it!

Dong Dongfang knew that,

all this was based on Ruihu's early warning,

otherwise,

if it was a last-minute effort,

I really don't know what Hong Kong would become,

he said to Zhao Ruihu solemnly: "I thank you on behalf of the general public, and I also want to thank you."

Dong Dongfang said without any concealment: "Ruihu, you saved my political life!"

Zhao Ruihu said modestly: "Sir."

Dong Dongfang smiled and said: "There are no outsiders now, so call me uncle. ”

Zhao Ruihu quickly changed his words: "Uncle Dong."

"In fact, even without me, with Uncle Dong's ability and the Hong Kong government's team, they are also capable of resisting."

That's true,

The Hong Kong government has hundreds of billions of foreign exchange reserves,

What is it afraid of!

Dong Dongfang shook his head: "Ruihu, you have strengthened my determination."

If it really comes down to funding,

Hong Kong Island doesn't need help from others at all,

It can win this battle with its own reserves!

The problem is,

Hong Kong Island's economic policy has always been a free market,

The Hong Kong government does not participate in such things!

Now,

Zhao Ruihu is equivalent to asking Dong Dongfang to set a precedent for a generation,

directly let the Hong Kong government go!

There are many criticisms.

Zhao Ruihu knew that Dong Dongfang had understood what he meant,

so he said respectfully: "Uncle Dong, temporary rumors are not important. The most important thing is that you can save this city."

"So that the majority of citizens will not be displaced."

"There are jobs and food to eat."

Dong Dongfang nodded slightly: "This is the best. If there is a bad reputation, I will bear it all."

The two returned to the study,

Dong Dongfang then asked: "Ruihu, I have a bottom line now, but if the crisis continues, the unemployment rate will inevitably rise."

Zhao Ruihu immediately said: "Uncle Dong, it's nothing more than two points, increase government spending and maintain a fixed interest rate."

Increasing government spending is for employment,

As long as there are jobs,

The economy will naturally recover slowly.

In later times,

Malaysia did the same,

and was the first to get out of the economic crisis!

Zhao Ruihu emphasized: "Uncle Dong, the International Monetary Fund generally urges the government to reduce spending and raise interest rates."

"Don't do that!"

For example, the Dai Kingdom and the Peninsula believed in the evil of the International Monetary Fund,

and they were stuck in the mud and never returned.

Zhao Ruihu said solemnly: "When a crisis comes, companies dare not increase investment. At this time, the government must play a leading role."

"Build more infrastructure and projects to ensure that everyone has a job."

Dong Dongfang hesitated and nodded: "That makes sense."

Of course it makes sense...

He then asked: "Ruihu, if the government's foreign exchange reserves are used to absorb Hong Kong dollars, there will inevitably be a problem."

Zhao Ruihu was well prepared,

and responded with a smile: "Uncle Dong has considered everything."

"This is simple. When the time comes, we will set up a foreign exchange fund investment company to manage this part of the assets."

Since we want to restore confidence in the Hong Kong dollar,

then we must use the US dollars in the foreign exchange reserves to take over the selling of Hong Kong dollars.

At the same time,

In order to avoid a full-scale recession in the stock market,

it is also necessary to purchase Hong Kong Island blue-chip stocks as long-term investments to stabilize the morale of the troops.

Investment in the stock market,

and naturally in the futures index.

After this operation,

the Hong Kong government will hold a considerable amount of stocks,

so a company is needed to handle these stocks.

"Okay, okay."

Dong Dongfang felt relieved,

what made him feel relieved was that Ruihu had calculated the whole situation accurately,

and he was so happy that he took out a document and handed it over: "Ruihu, please help me to study it."

Zhao Ruihu took it and looked at it,

Policy Address Brief?

"Hong Kong Island should become the world's leading city in the development and application of information technology, especially in the development of e-commerce and software."

The opening sentenceIt immediately attracted Zhao Ruihu's attention. He was full of praise: "Uncle Dong is really sharp." Hong Kong Island currently has a solid foundation in electronic commerce and software. Zhao Ruihu thought, This should be the prototype of Cyberport. What a pity. It was originally a good project, but it encountered the black swan of the Internet bubble collapse! Otherwise, this idea would be a great idea. Dong Dongfang also proposed the Silicon Port plan, hoping to make achievements in the field of integrated circuits. He visited Silicon Valley several times to learn from it.

At that time, H&Q Asia Pacific Group Chairman Xu Dalin and Zhang Rujing, who had just left TSMC, were also impressed by Dong Dongfang,

Hopefully, they would acquire 200-250 hectares of land at a preferential price in Hong Kong Island to build a wafer factory,

But the Hong Kong media kept questioning this move on the grounds that it was suspected of land speculation.

Finally, it all went down the drain!

To be honest,

Hong Kong Island was reduced to the situation of the future because of its own fault.

After reading it, Zhao Ruihu,

The policy concept of this report is to change the current situation of Hong Kong Island,

For example, solving the high housing prices,

Let young people afford houses.

Drive the transformation of Hong Kong Island's industries,

Don't just rely on finance and real estate.

"¨～ Uncle Dong."

Zhao Ruihu praised: "This policy address is really great."

Putting aside the background,

This policy address is indeed quite OK.

But Dong Dongfang heard something strange in it,

and said directly: "Ruihu, now it's just you and me."

"If you have anything to say, just feel free to speak boldly."

"I can accept any criticism and doubts!"

Zhao Ruihu smiled slightly: "All the problems in Hong Kong Island are related to high housing prices. Uncle Dong directly cuts into the problem, which is a blessing for the citizens."

"Ruihu."

Dong Dongfang said sincerely: "Today, we uncle and nephew are just chatting privately."

"You don't You have to say something good about me."

He said: "You once reminded me not to launch the 85,000 plan easily."

"But I think about it. If we don't implement this plan, it will be difficult to solve the problem of high housing prices."

Zhao Ruihu nodded slightly.

The current annual housing supply in Hong Kong Island is 50,000 units.

The so-called 85,000 plan is actually to increase the annual supply by 35,000 units on this basis.

Moreover,

This includes the supply of public housing.

When the number of goods on the market begins to increase,

Their prices will naturally fall gradually.

Zhao Ruihu said: "Uncle Dong, this is a good plan."

Dong Dongfang was stunned.

He remembered that Ruihu did not agree.

Zhao Ruihu asked again: "Uncle Dong, is there anyHave you ever thought about what kind of situation you will face if you implement this plan?"

He asked: "What will happen under the premise of an economic crisis?"

Dong Dongfang trembled,

his expression was also a little gloomy.

Zhao Ruihu has already spoken: "Even if the Hong Kong government can withstand the economic crisis and maintain the overall market."

"However, the housing market will definitely fall."

Hong Kong Island's housing market has soared in the past two years,

the bubble is infinite (Ma Li Hao),

if there is any crisis,

it will certainly fall rapidly.

Just at this time,

the Hong Kong government suddenly wants to increase the supply of the housing market,

what will happen?

Of course it will make things worse!

Zhao Ruihu, who observed Dong Dongfang's words and expressions, found that Dong Dongfang was a little silent,

and also a little hesitant,

He sighed,

Of course the policy is a good policy,

but it needs a strong chief to implement it,

From now on,

he is afraid that Dong Dongfang may not be able to stick to it,

by then, not only will it be a waste of effort,

but he will also be cursed!

Zhao Ruihu said slowly: "Uncle Dong, the property prices have fallen, and the assets of those who have rushed into the property market in the past two years will shrink sharply, and may even become negative assets."

Dong Dongfang's face changed.

"Of course, this group of people will not account for a large proportion of Hong Kong Island citizens."

Zhao Ruihu estimated: "At most 5%. "

Dong Dong's face twitched.

5% is not small.

It can affect a considerable number of people.

He suddenly felt a little scared.

"It is intolerable that the money I saved with great efforts has gone down the drain."

What Zhao Ruihu said seemed to be gradually becoming a reality.

It was happening in front of Dong Dongfang.

"When the time comes, these people will take to the streets to protest."

Dong Dongfang suddenly broke into a sweat.

"Uncle Dong."

Zhao Ruihu continued: "The environment outside is so complicated. I think there must be a lot of shouts in support of the protest. ”

More than a lot,

Dong Dongfang believed,

When the time comes, doubts will come overwhelmingly,

Thinking of this scene,

he sweated profusely.

"Once the shouting becomes louder, the vested interest groups will incite legislators to ask the Hong Kong government to stop the plan and be reluctant to sell the land."

In the real estate market of Hong Kong Island,

The Hong Kong government is an invisible big hand,

It can affect the housing prices.

Zhao Ruihu asked: "Uncle Dong, when the time comes, the international community is criticizing and the general public is opposing, what will you do?"

Dong Dongfang couldn't answer,

The whole world is the enemy,

It will be difficult to move forward,

What else can be done?.