On July 2, the Thai baht devalued. In just one week, the exchange rate of the Thai baht fell by 30%. To make matters worse, their foreign exchange reserves are basically zero.
If you want to talk about the hegemony of American Dao, your own baht can only be used in your own home. As long as you go abroad, almost no one will recognize you.
Well, there may be no other way than to continue to ask the IMF for help.
IMF money is not so easy to get. First, it requires you to cut back on your spending. It seems reasonable, doesn't it? You have no money, so you need to save some.
Well, that's not the way it works. If government spending is reduced, the economy will be even worse.
Second, high interest rates and an open and transparent lending model.
After all, it's still shock therapy. You have to believe in the market. You have to believe in the market's ability to repair itself.
Is it reliable?
In fact, you just need to check the results. The strongest is Malaysia, which resolutely refuses to accept the IMF's threat.
During the Asian financial crisis, although they also suffered heavy losses, they seemed to recover the fastest.
Smecta thought the contract was humiliating, but they finally signed it. In fact, it's useless to shout. It's a national humiliation day. You can sign a sweater.
In the end, only Xiangjiang and Malaysia will carry the Asian financial crisis to the end. The price paid can not be described as small. It is these two families that got rid of the crisis first.
What, big rabbit.
Cough, it doesn't exist. It's a closed internal circulation system. You'd better save your strength for scheming.
You can not say that there is no impact. Many uncompleted buildings are the products of this era.
Mexico's financial crisis, peso instant half. The decline of the stock market is even more serious than that of the exchange rate.
Panicked investors began to retreat from Latin America. For a while, financial markets in Latin America were howling.
The scene that happened in Mexico in early 1995 is being staged in East Asia.
Cough, since history is so similar, what are you waiting for?
Eagle sauce is not willing to pay because it involves moral issues. Well, will Japan be short of money?
When it comes to foreign exchange reserves, no one has more. In order to save Mexico, the United States and the IMF jointly invested 50 billion yuan.
I can't say how perfect it is. At least, Mexico's problems are mainly left in Mexico. Around a group of small partners, and did not suffer too much loss.
What, Eagle sauce has a good relationship with Mexico, so it's the rescue.
Keke, you're pulling the calf. It's a big piece of land. If you can't fight it, you should have pinched it now.
Thailand has a good relationship with Eagle sauce. He has always been a staunch supporter of Eagle sauce. If you look at the armory, you'll understand. If you use M16, it's a good base friend. On the contrary, with AK47, most of the relations are not good.
If we just don't support it, the impact of the Asian economic crisis will not be so exaggerated. There are some problems in Southeast Asia. Rabbits and Japan are affected. That's all.
But it's not hawk sauce or Soros. Standing in the huge trading hall, Soros put on a pair of arrogant posture.
"We win, they're all going to die. Where the hell's the champagne?" With the sound of thumping and thumping, Soros looked at the ceiling forty-five degrees, and his expression was as much as he wanted.
"Damn, what are you waiting for? Let's rob them of their money and let them lie in the mire and moan."
The big guys on Wall Street are celebrating. This feast will never end easily. No one can stop it, whether it's peanut meal or IMF.
Whoever influences us to make money, we will do it. Asshole, I see who dares to get in the way of money!
"Boss, they should have given up. There is no sign that they are involved.
It's not by Soros. There must be something we don't know
"Ha, what can I do? It's just a compromise. Don't you see that the Department of justice and the Department of commerce are very quiet.
The excuses are all ready-made. In the great depression, the countermeasures adopted by various countries are trade protection. The result is very, very bad. Taking history as a mirror, we need an open and free trade environment. "
Philson is speechless. Take history as a mirror. Mexico is just around the corner. That's not what you said at that time.
Although there are so-called international speculators, there is no open fire.
Nima, don't you really worry about the future?
"Old man, it's going to be a disaster, a long one.
Well, since we know about economic globalization, we shouldn't do this. The losses and damages caused far exceed the profits. "
"Now, boss, the think tank has come to two conclusions.
First, it will ultimately affect the economic growth of the United States.Second, international hot money will speed up its flow to the United States. "
"Is there a problem?" William White shrugs. That's the same thing, OK. As long as there is a large inflow of funds, a little trade loss will not have any impact at all.
"Philson, I'm not worried about the economy of the United States now. On the contrary, the influx of hot money will create another footpot. If we blow too much, we will follow in the footsteps of Japan. "
Filson's head began to ache, so he had to make a new plan. In the global economic recession, the assets of resources must be on the street.
Then, financial and real estate stocks rose. By the way, there's the high technology. However, this kind of half sea and half flame stock market is really terrible.
Phelson is just a headache, but Bangkok is already a howl.
So it's called the financial crisis. The first thing that's unfortunate is the financial sector.
Bank runs, let alone Thailand, will cause panic in the market.
I don't believe in my own bank, I don't believe in my own currency. This NIMA, no matter how many beautiful knives there are, it's useless.
To be honest, if the currency of any country has to be changed into that of another country.
I'm afraid none of this is possible.
In fact, if you don't want to talk about it, try to change all the US dollars into Japanese yen. Disaster can happen, and vice versa.
In fact, if foreign exchange control is implemented, many troubles in the future will not happen.
What? The market mechanism can't be destroyed.
Don't talk nonsense. Silver futures are not allowed to be traded. How many market mechanisms have this violated?
How can we say that the U.S. sword is decoupled from gold? This is a unilateral decoupling. That's not what you said when you had a meeting with your little friends.
"Come on, you're too close to maozi. In case of an accident, gold will be cheaper. I'm here to provide free storage, you just put the gold here, as long as you send an order, we will help you complete the transaction. "
The little mirror of Eagle sauce never looks at itself. It's too ugly. I'm afraid I'll be scared.
The so-called peanut meal consensus only requires other countries to follow it. As for itself, Keke, it can do whatever it likes as long as it wants.
For itself, Eagle sauce has a set of standards that can be implemented as long as it is beneficial to itself. For its small partners, there is also a set of standards, as long as it is in line with its interests, you can also be free.
Having a normal relationship or potential to be an opponent. Everything you do is wrong, it will always find a reason to attack. Of course, if it can get benefits, this is not non-negotiable.
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