Sun Zhiwen seemed to be considering his words. After a moment, he replied,
" First of all, I mentioned in my economic thesis that this is a war between the East and the West. The main battlefields are the foreign exchange, futures, stock, and real estate markets. According to the timeline, they happen in different countries and are related to each other. As the data in all aspects are too scattered, the basis of deduction is based on me.”
"Dr. Chu, please." Liu Haiyang was very polite.
" The initiator of this war is Soros," Sun Zhiwen said." The Quantum Fund led by him represents a part of Wall Street's power.”
Liu Haiyang immediately said," Indeed, Soros doesn't represent Wall Street. Previously, he was betting against Japan and the British pound. His main focus was still international hot money. Soros was a high-profile person who often accepted media interviews. After he became famous, he slowly became a banner.”
"Professor Liu is insightful." Sun Zhiwen said.
"If I didn't know that, why would I be teaching at Xiangjiang University?”Liu Haiyang laughed.
In this era, when it came to capital giants, the first thing people thought of was Soros and his Quantum Fund. His name made many countries tremble in fear, but at the same time, he was highly respected.
But in fact, he was just a spokesperson pushed to the front by dozens of capitalists, as well as a weather indicator for many international hot money.
Sun Zhiwen continued," This storm started from World War II. After World War II, the world structure was redefined by a great man sitting in a wheelchair. The sun never sets, the United Kingdom and France declined, and the two Germanys split. The political status of the European countries declined severely and became the pawns of the American Emperor. Therefore, the European countries established the European Community to get rid of the restrictions of the American Emperor…
In 1989, the Berlin Wall fell, and a large number of East Germans flooded into West Germany. Germany's financial deficit soared, and they could only print money crazily. This also aggravated the rate of inflation, forcing the central bank to raise interest rates.
At this time, the British economy was in a decline and there was a deflating economy. Instead, they needed to lower interest rates to stimulate economic recovery. However, the British economy was restricted by the European Community's exchange rate system.
In other words, Germany's high interest rate policy, Britain also has to maintain high interest rates and high exchange rates, which also gave Soros an opportunity to short the pound..."
"Mundell's Trilemma," Liu Haiyang said.”
"What's the triple paradox?" Xiao Yu asked.”
"There are three economic goals for a country," said Sun Zhiwen with a smile. First, the independence of monetary policy, second, the stability of the exchange rate, and third, the stability of monetary policy. Third, the complete mobility of capital. And of these three, a country could only choose two, not both. The British wanted all three…Soros was betting that the British would not be able to maintain these three points at the same time. They would have to give up exchange rate stability and withdraw from the European Community exchange rate system. At that time, the pound would collapse.”
Liu Haiyang's entire body trembled. He frowned and said,""So that's how it is?"
Xiao Yu frowned at the same time." I know about the pound crash in 1992. Soros 'Quantum Fund alone made 4 billion USD. Soros is also known as the person who defeated the Bank of England. But what does this have to do with you concluding that the East Asian financial system will inevitably collapse?”
"Is it the financial tide?" Liu Haiyang suddenly asked.”
Sun Zhiwen smiled mysteriously for a moment before speaking again,"" That's right. When Soros was short the pound, the bulls who ambushed the interest rate futures of the Franc and Mark also made a lot of money. This allowed Soros to predict the interest rate policies of various countries in response to the crisis and summed up a set of effective scalpel tactics. Then, they wanted to use this tactic in Southeast Asia. The international hot money that followed behind him tasted the sweetness. The power gathered was enough to form a financial wave that drowned the still immature financial system in East Asia.”
Liu Haiyang was surprised.”
"That's right. The western economy is declining, but the Southeast Asian countries 'economy is growing miraculously. The manufacturing costs in Japan were ridiculously high due to the Plaza Agreement. They could only move their factories to Southeast Asia, especially Siam...
As time went by, the signs of Siam's economy being overheated became extremely prominent. The Siam Central Bank could only continue to raise interest rates to reduce the rate of inflation. How was it? Was this scene familiar?
"Moreover, Siam's current degree of economic liberation is the highest among Southeast Asian countries, which puts Siam in an extremely dangerous situation..." Sun Zhiwen said calmly.
"Siam government. I won't let Soros succeed no matter what!”Liu Haiyang blurted out.
"There is another very important reason that will lead to the complete collapse of the Thai baht.”Sun Zhiwen's words were firm and decisive.
Liu Haiyang lowered his stance."Please advise me."
" It's still the dollar system," Sun Zhiwen sighed deeply." Whoever dares to touch this system will die…"
"I'm all ears." Liu Haiyang asked sincerely.
The discussion between the two of them gradually became more and more profound. From time to time, some very professional English words would pop up. Sun Zhiwen even asked his secretary to bring a pen and paper to write and draw on them, making the others dizzy and sleepy.
Gradually, the number of investors who came to the office hall to inquire about the financial management fund slowly gathered. Ten, twenty... the number increased.
They were attracted by the Ya Fu Foundation's promotion of capital preservation and high annual interest rate. They were originally puzzled, but now that they heard the two gods discussing the Dao, they all perked up their ears and focused, afraid that they would miss a word. Slowly, their eyes lit up.
Actually, they didn't know what the two of them were talking about. They just thought that they were amazing!
He would definitely not lose money if he handed the money over to such a professional mathematician.
Xiao Yu was also dumbfounded. The two of them were chatting too deeply and had no idea what they were talking about.
In the president's office of the Banshan Foundation, Ye Weilan and Zhang Ge had a surveillance screen in front of them. It was the scene in the living room of the Yafu Foundation.
The professor of Xiangjiang University was obviously stunned when he saw Zhang Ge talking on the phone.
Ye Weilan only felt that it was ridiculous and looked at Zhang Ge as if he was a monster.
What happened to the scam?
How could he be so professional?
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