The Son of Finance of the Great Age

  Chapter 362 Soros' visit to Korea (1)

Zhong Shi hasn't seen Andrew since Christmas, and he doesn't know whether he feels guilty or something. In short, he just doesn't show up. Fortunately, the employees in Tianyu Fund have long been used to his state. No one asked much.

  As for Andrew's share in Tianyu Fund, he did not use it either. Over the past few years, following Zhongshi's operation, he has also made hundreds of millions of dollars in net worth, which is regarded as his private money. Andrew is very clear that the share of the Tianyu Fund is the foundation of his life, and he must not use it unless it is a last resort, otherwise Zhong Shi will be unhappy, and he will really be in trouble.

Although he dismissed Zhong Shi's intentions this time, Andrew wasn't very afraid. It wouldn't be a big deal if it was broken, but he was a little guilty and decided to go out and hide for a few days before talking about it. Anyway, there will be a month's death soon. long vacation.

  In fact, Zhong Shi felt that Andrew's little thought was not worth showing at all. He would not be so naive as to think that these international investment banks just came here for fame. You must know that based on the experience of working in these institutions in his previous life and the rumors of his later generations, he knows that there are many shady scenes here, almost to the point of appalling. Although it was impossible for them to blatantly hack their own money, it was absolutely easy for him to lose the money in the transaction.

  As the saying goes, "You must not have the heart to harm others, and you must not have the heart to guard against others." Except for himself, Zhong Shi can't trust anyone else.

When Zhong Shi was thinking hard about the other party's intentions, there was also a character thinking hard about the current predicament, but this person's identity was rather special, he was not thinking about whether someone set him a trap, Instead, they are thinking about how to break through the current economic predicament.

In the general election on December 19, Kim Dae-jung, the presidential candidate of the New Politics National Assembly Party, defeated the former ruling New Korea Party presidential candidate Lee In-je by a narrow margin of 1.6%, and became the fifteenth president of the Republic of Korea. At the same time, it also ended the fifty-year ruling party status of the New Korea Party.

   It has to be said that the previous performances in the parliament and the gathering at the Seoul Square won him a lot of votes, which also enabled him to win the final election. Although members of the New Korea Party, including Lim Chang-yeol, used a lot of tricks at the last moment, including loosening restrictions on the fluctuation of the Korean won exchange rate and spreading various rumors about Kim Dae-jung, and spared no effort to build momentum for Lee In-je, but it was too late. In the end, Kim Dae-jung got his wish and was elected the president of the Republic of Korea.

Although it was not possible to formally hand over power until January 1, 1998, Kim Dae-jung has automatically transformed his way of thinking into the presidential mode, and he was also invited to participate in some high-level meetings of the Kim Young-sam government recently, which is naturally for a smooth transition power, so as to avoid large fluctuations in policy.

   "Tell me, how can we overcome the current predicament?" Kim Dae-jung, who had another day's meeting, lay tiredly on the executive chair, and sighed weakly to the sky.

  Although due to various factors, the Korean won exchange rate has risen from the lowest point of around 1,800 won to around 1,300 today, and has stabilized to a certain extent, but the domestic economic situation is still not optimistic, and there was even a rush to buy food.

Of course, South Korea also produces food, but the problem is that things like sugar, instant noodles, cooking oil, soap, canned food, etc. are either imported or made with imported raw materials. Because of the sharp fluctuations in the Korean won, the prices of these foods Uncertainty also arose, which was repeatedly magnified under the impetus of rumors, which eventually triggered a wave of panic buying.

  Kim Dae-jung has just returned from the scene in these places. For these middle-aged women in their 30s and 40s, they don’t have any concept of country or nation in their eyes, so they naturally don’t pay attention to what Kim Dae-jung said. Poor Mr. Kim Dae-jung, who will sit on the presidency in a few days, talked about chicken and duck for several hours, but in the end, people still snapped up the products as usual.

   Frustrated, Kim Dae-jung returned to his office exhausted. This is his office in the parliament. Although he is not yet in the Blue House, the security force has been significantly strengthened.

Sitting opposite him is of course Park Hee Rae, the central bank governor nominated by the New Korea Party, but he has secretly joined the New Political National Assembly Party. After this gamble, his position as the Bank of Korea Governor can be regarded as It is as stable as Mount Tai.

  Because they are very familiar with each other, and he can be regarded as the first batch of bureaucrats who defected to Kim Dae-jung, and he is a professional talent, so his words are not so polite. After frowning and thinking for a while, Park Xilai said: "Mr. President, I think your top priority is not to appease the people, but to think about how to solve the current crisis among the chaebols."

Jin Dazhong shook his head slowly, pressed his temples vigorously with both hands, rubbed his eyes with his eyes slightly closed, and then said lightly: "I also know the reason. It's just that I can't get my hands in right now. Besides, where is there any immediate effect?"

"In addition to the government buying the equity of these companies in a big way, I have thought about another method in the past two days. After careful thinking, I feel that if this method can be successful, it will be beneficial to our country's economy. The improvement is definitely not a star and a half, although it cannot be said to be immediate, but it can definitely be seen in a short period of time." What surprised Kim Dae-jung was that after thinking for a while, Park Hee-rae was quite surprised when he said such a thing words come.

"Oh? Really?" Kim Dae-jung straightened up from the executive chair suddenly, staring at Park Hee with a solemn expression. After turning around a few times, I lay down again on the comfortable executive chair, and said with a smile, "It's not time to implement it yet, let's talk about it in two days."

Park Xilai is naturally not a mediocre person, but after a little thought, he understood what Kim Dae-jung meant, and he smiled, "Mr. President, you don't need to worry too much about it. It will take a lot of time for me to operate, what's the matter?" It will take at least a few weeks, and it will definitely be completed after you are sworn in. Besides, this matter does have a strong stimulating effect on boosting investors' confidence, and I think it is better for you to know in advance."

"Really?" Kim Dae-jung still seemed to be indifferent, but his eyes flashed from time to time, and after considering it in his heart for a while, he pretended not to care and asked, "President Park, since If you have such a good idea, don’t bother to talk about it. You should know that I am also the next president. Although I haven’t been officially sworn in, as long as it is beneficial to the country, I will naturally implement it without hesitation. and implemented."

   "Speaking is really level!" Park Xilai secretly praised in his heart. It is indeed one of the compulsory courses for politicians to be able to relate such words to the country and the people. Such high-sounding words cannot be refuted by others. After calming down, Park Hee Lai said: "Mr. President, since the financial crisis has occurred in our country, which has triggered an economic crisis, but generally speaking, the economy of the Republic of Korea is still full of vitality and hope. Stigley Tsuzut said that the World Bank's support for South Korea shows that they are optimistic about our Republic of Korea's economic growth in the future."

"Stiglitz? Who is it?" Kim Dae-jung rolled his eyes and said disdainfully, "How is the economy of the Republic of Korea? Do we need a white man to brag about it?" After touching his smooth chin, he said to himself He said to himself, "I have to say, what this guy said is very reasonable, it would be great if everyone thought so."

Park Xilai smiled wryly and did not dare to make a sound for a long time. After Kim Dae-jung's performance ended, he replied weakly from the side: "Joseph Stiglitz is the world's top economist and the current world economist. The chief economist of the bank has unparalleled influence on large financial institutions including the World Bank and the International Monetary Fund, and he can say this to help us."

"So that's how it is!" Jin Dazhong slapped his forehead, a little annoyed at his behavior just now, but he recovered his composure after only a moment of calmness, and said, "Could it be possible for this gentleman to help us talk a few more times? Why didn't I Think after he said that, the stock market went up and the economic environment got better?"

"Of course his words are useless. Since he works for the World Bank, the market can only discount his words out of position considerations. Besides, it is not these economists who really affect the market, but those who People with funds, these talents can determine the direction of the market." Park Xilai replied hastily.

Kim Dae-jung nodded, and asked again: "So in this market, what kind of person or institution can have such influence? I already understand your plan a little bit. You plan to invite such a person to speak for our Republic of Korea." , I don’t know if I’m guessing right?”

"Yes, Mr. President is wise, he can even think of this!" Park Xilai nodded like a chicken pecking at rice, and after complimenting Kim Daejung, he continued, "Actually, the financial market is There are all kinds of rumors on the Internet, and the focus is endless. But if it is said that the influence is all over the world, or even unique, then it can only be him.” After speaking, he took out a photo from his pocket, which was naturally It was Soros smiling.

   "Soros?" Even if he wasn't in this circle and didn't get involved in economic affairs much before, Kim Dae-jung still recognized the person in the photo at a glance.

I have to say that George Soros is now in Southeast Asia, no, he is famous in the society of East Asia. After breaking down the British pound, Philippine peso, Malaysian ringgit and other currencies, his name has spread all over the world. boundary. At the World Bank's annual meeting in Hong Kong, he and the Malaysian Prime Minister's confrontation and mutual criticism spread his name to the ordinary people.

  As an ambitious politician, Kim Dae-jung has certainly heard of Soros. But after thinking about it for a while, he asked the question in his heart: "Will this gentleman agree to us? Apart from other things, the vicious nature of the vulture fund, the outside world will not think that they want to attack the Korean won exchange rate again?"

   "This..." Park Xilai thought about it, and it really is still possible. It's just that his mind turned quickly, and he immediately thought of various possibilities, "I don't think so. At least when he appeared at the Seoul Airport openly, no one would think that he was here to short the Korean won. The most taboo thing in their business is to expose their whereabouts. At that time, we only need him to say a few good words about the Republic of Korea, and boost the confidence of investors. As for the rest, we will wait for the market’s reaction.”

   It has to be said that Park Hee Lai is very familiar with the operation of hedge funds. At least he knows that if Soros shows up publicly, it is impossible to short the currency of that region.

  Hearing what he said, Jin Daejung's complexion improved a bit, and after pointing to Park Hee Rae a few times, he said, "Okay! You are fully responsible for this matter. Also, pay attention to grasping the time."

  (end of this chapter)