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Comeback 1992 - Chapter 352

Published at 17th of February 2023 07:07:56 AM


Chapter 352: economic crisis is brewing

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  Chapter 352 The economic crisis is brewing

  Han Songlin looked at these materials, and was a little moved; these industries are absolutely high-quality industries, and if they are bought, they will be able to obtain super high profits in the future. "I can't get a sales company, can you find someone to take over?"

   Zhou Tong nodded: "This is not difficult. Don't worry, I will handle it."

  There is never a shortage of people in the capital who can take over liquor sales, it depends on whether you can find the right person.

   Zhou Tong is quite familiar with the capital, so he can naturally find a suitable candidate.

   "As for the real estate company, I can take over, cash, or something else?"

   "I want Fuxing motorcycles and motorcycle parts." Zhou Tong found out that it is really too profitable to engage in trade or something.

  A motorcycle can bring at least two hundred dollars in revenue.

  The economy in Southeast Asia is quite booming now, and all the four Asian tigers are in Southeast Asian countries.

  In addition to trade, Zhou Tong also discovered something else.

  Siam as a whole has problems with economic policy.

   Zhou Tong, who has been speculating in the South China Sea Province, has now seen the problems in the South China Sea in Siam.

"Can!"

   That is to say, Han Songlin does not need to pay cash, but only needs to give Zhou Tong the motorcycle and parts.

   "Why do you want to withdraw from the country?" Han Songlin was very curious. It seems that it is not the main reason just to make money from trade.

  Zhou Tong looked up at Han Songlin, then at Zhang Yue and Tang Yan, and there were only four of them here.

   After thinking for a while, Zhou Tong felt that there was nothing he could not say about this.

   Zhou Tong's tone was quite positive: "I think Siam's economy is going to collapse."

  This affirmative tone made Han Songlin a little stunned; looking at Zhou Tong in surprise, Han Songlin naturally knew that Siam's economy was about to collapse in 1997, because this was what actually happened in history.

  The reason for the collapse of the Siamese economy, everyone seems to only say that it was because of Soros, because Soros was messing around.

  But everything that happens is composed of internal and external factors, of which the internal cause is the main reason, and the external cause only plays a role in promoting it.

  Of course, the promotion of external factors will make the internal factors serious.

   "So, you want to have a bite of meat when Siam's economy is collapsing?"

   Zhou Tong showed a different smile: "Why not? Instead of letting other people eat meat, why not do it myself."

  Han Songlin didn't speak, objecting to what Zhou Tong was going to do?

  He's not such a virgin.

  As for what will happen to Siam after the economic collapse, how many families will be ruined and wives will be separated, Han Songlin really doesn't care.

  I will have a little sympathy in my heart, and I still have to do what should be done.

   "Why are you sure that Siam's economy will collapse?"

   Zhou Tong changed to a comfortable sitting position: "There is a problem with the exchange rate between the Thai baht and the US dollar!"

  Han Songlin looked strange: "The Thai baht has been artificially overvalued for many years, so why do you think there will be problems now?"

  "Siam's economy has begun to have problems."

"Why do you say that?"

  "Siam's foreign debts, now Siam has no way to pay off its foreign debts. Once the outflow of foreign capital exceeds the inflow of foreign capital, Siam simply does not have enough foreign exchange reserves to deal with it, and currency depreciation is inevitable."

   "In addition, in Siam, the real estate bubble has already started to blow up. I believe it will blow up very quickly. Once it bursts, the problem will be serious. Siam is not like our country."

  The real estate bubble in the South China Sea has caused heavy losses to domestic banks, but they can still be digested.

   But once Siam is thunderstorm, Siam's own strength is weak and its foundation is weak, so it can't deal with it at all, and can only collapse.

  Han Songlin didn't speak, but stroked his chin with his hands. He was hesitating whether to tell Zhou Tong some information, or use Zhou Tong to share a piece of meat inside.

  He is naturally aware of the Southeast Asian economic crisis in 1997, and he is also very clear that this crisis is actually an opportunity for Huaguo.

  It has been said before that if Huaguo wants to undertake global industrial transfer and become the destination of global industrial transfer, it must face competition from one place, and that is Southeast Asia.

  How did the Four Asian Tigers and the Four Asian Tigers get together?

  Because of undertaking global industrial transfer.

   "Know Soros?"

   Who is Soros?

  Zhang Yue and Zhou Tong looked puzzled.

  In the non-Internet era, there is indeed some lag in obtaining news.

  The name of Soros spread in Huaguo, and it had to be magnified after the Xiangjiang Defense War, especially in the Internet age.

   Tang Yan asked uncertainly: "The one you mentioned, the Soros who sniped the pound in 1992?"

  Han Songlin nodded with a chuckle: "He should have participated in the Mexican financial crisis."

  The Mexican financial crisis has just passed, just a few months ago.

   "Notice that Mexico and Siam have the same place?"

  Tang Yan: "Forex!"

  Han Songlin looked at Tang Yan in astonishment, with a sense of surprise in his heart, Tang Yan can do it!

"Tell me!"

  “I studied the Mexican financial crisis in school, and the trigger was the depreciation of the peso. The reason for the depreciation of the peso was that it was not enough foreign exchange to support the exchange rate at that time.”

"At that time, Mexico artificially pegged the peso to the U.S. dollar and implemented a fixed exchange rate, resulting in the overvaluation of the peso's currency value. While Mexico's exports were weak, imports increased a lot, and the current account deficit was huge, from 4.1 billion U.S. dollars in 1989 to 1994. 28.9 billion U.S. dollars. There is a huge deficit. In addition, Mexico has huge foreign debts, and there is no way to repay the foreign exchange it holds. If the foreign debts mature and cannot be repaid, then everything is over."

   "Although I don't know much about the situation in Siam, Siam should be quite similar to Mexico now."

  "Siam has its own economic problems now, so the fact that the Thai baht is overvalued will become the target of international speculators, and Siam has no strength to deal with this attack."

   "Even international speculators can artificially create some things to aggravate the problems in Siam's economy." When Tang Yan said this, a smile appeared on the corner of her mouth.

  Because, it seems that there is a way to get rich, and it appears in front of you.

  Zhou Tong looked at Tang Yan in surprise, and he underestimated this girl a little bit; it is really not easy for someone who is valued by Han Songlin and even recognized as a righteous sister.

   "Siam's economy has already experienced problems. Now, it depends on when a fuse will appear and ignite it." Zhou Tong even had an idea in his heart whether he should ignite the fire himself.

Tang Yan held her chin: "If there is a problem in Siam and the existence of ASEAN, then other countries in Southeast Asia will inevitably be affected. And South Korea and the island countries that have invested heavily in Southeast Asia will inevitably have problems. At that time, Siam The current crisis will inevitably evolve into an economic crisis sweeping across Asia."

  Zhang Yue's eyes lit up and said: "If we do something in it, we can get a lot of benefits!"

  Money is the best stimulus for people!

  (end of this chapter)




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