Chapter 114: The madness of major investment banks
Quantum Fund.
"I was born impoverished, but I must not be impoverished when I die."
——Soros.
This is a piece of text hanging behind Soros's desk, and it is also his creed!
At this moment, in the office of the financial crocodile Soros, a group of excellent traders who are well-known on Wall Street are sitting and waiting for the arrival of their boss Soros. However, their expressions still couldn't hide their excitement.
Why?
Because today they made a lot of money!
"Da~Da~!"
There was a sound of footsteps, and the door of the office was pushed open.
A group of traders and financial experts sitting in full jeopardy stood up to greet the old man who walked in and was born in Budapest, Hungary. He is the world financial crocodile Soros.
"Well, everyone, please sit down and let me hear the good news from you." A smile appeared on Soros's sullen face.
When even a financial analyst got up and said: "Boss, thanks to the good news that the Thai authorities abandon the fixed exchange rate, today, our Quantum Fund collected a total of 130 million U.S. dollars. In the next week, only Thailand’s foreign exchange In the market, we expect to reap at least US$400-600 million in profit."
When the voice fell, there was a burst of applause.
Soros also patted his palms, nodded and smiled: "Well, not bad."
Upon hearing this, the financial expert who reported the situation also smiled.
"Let's talk about it, how many international buyers' funds are pouring into Thailand's foreign exchange market today?"
Soros asked.
The financial expert immediately replied: "Boss, according to the information we have, Goldman Sachs, Morgan, Lehman Brothers, Merrill Lynch, Bear Stearns, five major Wall Street investment banks, as well as thousands of investment banks, are now pouring into Thai foreign exchange. The market, in just one day today, the inflow of funds is at least US$90 billion."
"Moreover, according to our analysis, in the next week, the amount of international free capital entering Thailand will climb to 300 billion U.S. dollars."
300 billion US dollars, this figure is appalling!
You must know that for some small countries, if they are sold, it is estimated that they are less than 300 billion U.S. dollars. Moreover, once many international buyers use leverage one after another, it is enough to leverage the trillion-dollar market.
Obviously, when the Thai authorities do not have a sufficient amount of foreign exchange reserves, they have been unable to stop a group of red-eyed wolves from attacking.
The fall of the Thai foreign exchange market is a foregone conclusion!
"300 billion U.S. dollars, a pretty good number."
A smile appeared on Soros's sorrowful face again, "The chaos in the foreign exchange market in Thailand will inevitably lead to the devaluation of the currencies of all Southeast Asian countries with export-oriented economies. By then, the inflow of funds will not be a mere US$300 billion. I am. Judging, by that time, the amount of rolling funds will be at least 4 trillion US dollars!"
4 trillion dollars!
In an instant, the entire office fell into a dead silence!
Why?
They took a deep breath, because the numbers Soros said were too terrifying!
4 trillion international capital is enough to destroy the economies of most countries in the world!
You know, in 1992, international speculators headed by Soros had only 500 billion US dollars in inflow at that time, but the British pound fell sharply, and the entire British government's economy was beaten, with losses of at least hundreds of billions. GBP!
And now, but at least 4 trillion US dollars!
In fact, from the perspective of the traveler Zhuke, Soros also underestimated the global financial crisis!
4 trillion dollars?
ridiculous!
"In July and August alone, the funds poured into the Southeast Asian market exceeded 7 trillion U.S. dollars!"
The big crocodile goes out, but no grass grows!
The national speculators are all overwhelmed, but the foreign exchange markets of all countries are just like chicken feathers!
.......
Goldman Sachs.
It is one of the five largest investment banks on Wall Street. At this stage, even if it is not comparable to investment banks such as Morgan and Merrill Lynch, in the 21st century, the funds it manages have already exceeded trillions of dollars. In 2020, it will become the world. The largest investment bank.
From 2018 to 2019, for two consecutive years, the annual turnover exceeded 40 billion U.S. dollars.
It is a behemoth among Wall Street investment banks, and even the Quantum Fund is just a younger brother in front of it.
At this moment, President Collins looked at the data in his hands and couldn't help laughing:
"Soros is still quite capable, yes, really good. Let his Quantum Fund take the lead, we will make a fortune later, is there anything more wonderful than this in the world?!"
When the words fell, the financial experts around also showed smiles.
Don't look at Soros and the others eating round waist and belly, but if you really want to count the profit, Goldman Sachs and other Wall Street's five major investment banks are the ones who make the most of the money!
In the 21st century, there is a saying.
Said: Soros and his Quantum Fund are actually a mad dog released by the Federal Reserve and the five major investment banks, allowing him to charge in the front, and they make a fortune one by one in the back. The oil crisis in the 1970s, the Japanese property market bubble, the stock market bubble, South Korea’s currency crisis... are all the Fed and the five major investment banks looting the wealth of various countries.
It means that once the US economy weakens, it will search for the wealth of foreign countries to stimulate its own economy;
"In a word, I have no money, then I will come to your house to get money. You still have to give it. If you don't give it, I will destroy your economy!"
......
"In terms of financial operations, it cannot be said to be ethical or unethical. This is just an operation."
"Moral doesn't exist here, because it has its own rules of the game."
"I am a participant in the financial market. I will play this game in accordance with the established rules. I will not violate these rules, so I don't think there is any immorality in foreign currency speculation and speculation."
"Not to feel guilty, or to be responsible."
"From the perspective of the Asian financial turmoil, whether I speculate on foreign currencies will not have any effect on the occurrence of financial events. If I don't speculate on it, it will still happen."
The above words also come from Soros.
This is the attitude Soros said about the Asian financial crisis in a reporter interview in 1999.
"It's really awesome!"
Sitting in the office of Gale Capital, Zhu Ke shook his head and laughed thinking of this.
In fact, Zhu Ke has a clear attitude towards participating in the Asian financial crisis, that is, Fat Yibo himself, but he must not be the first bird!
You know, Soros was listed as a wanted list by many countries because of crazy attacks on currencies of various countries, or was included in the list of prohibited entry.
It is said that he has been assassinated many times.
He himself did not dare to leave the United States.
"It's okay to be rich, but if you are worried about all day long and you have to be assassinated, even if you become the richest man in the world, you can't have a birthday."
"I still want to... Oh no, it's a steady wave!"
Zhu Ke sighed~www.wuxiaspot.com~ It has not been a few days.
As Soros expected, as many national speculators as stars flocked to Thailand's foreign exchange market with more than 350 billion U.S. dollars in capital, completely shattering the Thai government's rescue plan.
a mess!
Speculators from all over the world have simply made a profit!
Of course, there are also many blind speculators who have been ruthlessly washed away by the money of the predators in the foreign exchange market because they have been provoked by profits and used high leverage of 100 to 400 times.
In the past few days, Zhuke is also happy to bloom.
In five days, Dafeng Capital made a total of more than 24 million U.S. dollars in profit!
Moreover, this is only the foreign exchange market in Thailand. You must know that this was just the first dish and a snack of the Asian financial crisis in 1997!
"" The second update is sent.
