The Rebirth of the Financial Hegemon - Vol 3 Chapter 52

There is a saying in China.

It probably means that what you want will never come true, and whatever you are afraid of will always come.

In the West, the same rule applies.

It’s called Murphy’s Law.

When a piece of bread falls to the ground, it is always the creamed side down.

For Sonny, what he hopes most is to hold the former low of the Thai baht, and what he is most afraid of is the magnetic attraction effect caused by the penetration of the former low.

But as a result, the hope was not realized, and the fear was not avoided.

39.999…

40…

40.018…

40….

The previous low of the Thai baht has been broken, and it is no longer possible to construct a W reversal pattern.

Under the magnetic attraction effect, the Thai baht began to enter an accelerated decline mode after breaking 38.128.

In just ten minutes, it ran from 38.128 to below 40 points.

This is the magnetic field effect, which is a physical magnetic field reaction.

When the iron pin is too close to the magnet, the iron pin will inevitably be attracted to the magnet.

In financial markets, a similar phenomenon often occurs.

When a price is not far from a support or resistance point, then there is an 80% probability that the price will eventually cross that support or resistance point.

Because the price changes in the market depend on the changes in the minds of market participants.

When there is pressure, then people’s psychological defense line will involuntarily shift to that critical point.

It’s called the magnetic attraction effect.

Therefore, when the price of the previous low 38.128 of the Thai baht was smashed, the price of the Thai baht was irreversible like a flood that burst the embankment.

Sonny closed his eyes weakly.

For every basis point the Thai baht falls, the wealth of tens of millions of people in this country is being looted.

As the governor of a country’s central bank, his responsibility is to safeguard the country’s financial order and protect the safety of the people’s wealth.

However, he didn’t do it.

He could only watch his country fall into hell.

How much will it be after 40…

Sonny doesn’t know.

But he knows that there are new lows below new lows.

In the midst of irreparable, no one knows where the lowest is.

Maybe 40, maybe 50, maybe 100…

Sonny’s heart was full of sadness, and in addition to his sadness, he was full of hatred.

It’s just that no matter how sad and resentful, it’s too late.

He is just the governor of the central bank.

He is powerless to decide the struggle for power at the top, and he is powerless to accuse the traitors who divert wealth at a time of national crisis.

if…

Unfortunately, there is never an if in this world.

When Sonny closed his eyes tiredly, Vice President Kuan lowered his head and blamed himself.

“Boss, I’m sorry…”

Sonny couldn’t open his eyes.

In those eyes, it was as dark as death.

After a long silence, Sonny spoke up.

“How much money is left.”

“Less than six hundred million.”

Suddenly, Sonny wanted to laugh.

He wanted to have a good laugh.

Thailand, the head of the dignified four tigers, has less than 600 million US dollars left.

And these 600 million dollars were borrowed from others.

“Haha…less than 600 million…haha…”

……

Post-holiday syndrome is a term that many people are not unfamiliar with.

I can’t get the spirit to go to work, I don’t want to move, I don’t want to work.

These are the reactions of post-holiday syndrome.

The seventeenth of the first month.

Zhao Jiangchuan, the salted fish, who had nearly 20 days of annual leave, also suffered from post-holiday syndrome.

It’s not that this thing can’t lift the spirits.

He doesn’t want to go to work.

He just wants to do what he loves.

Even though he has been doing what he loves for a few days, he still wants to keep doing it.

“Zhao Jiangchuan. I don’t want anymore…”

On the big bed, Ai Xiaoai frowned slightly, preventing Zhao Jiangchuan from attacking again.

Under the high-density charge, she already felt that her body was reaching its limit.

But unfortunately, Zhao Jiangchuan is like a small motor, still alive and well.

“what!”

Ai Xiaoai screamed, and her whole body collapsed onto the bed.

With the plum blossoms blooming three times, she could no longer hold on.

……

After a long time.

Zhao Jiangchuan lay on the bed like a dead dog.

Ai Xiaoai, who had regained her strength, rode on his back, as if collecting her trophies.

“Zhao Jiangchuan. Let you know that you bully me, hum… Will you dare to do it in the future?”

Zhao Jiangchuan felt that his life was gloomy.

Why is it that no matter how tired a woman is, she can always turn defeat into victory.

After enough fun.

Ai Xiaoai leaned down on Zhao Jiangchuan’s back.

She rubbed her head on Zhao Jiangchuan’s head and said.

“Zhao Jiangchuan. If we are like this, will I get pregnant?”

“What?”

“Hate, what did you say?”

“If you don’t tell me, how would I know?”

“You’re a hooligan, I’ll ignore you.”

“Haha. Now I know I’m afraid, why are you doing it earlier?”

“You’re too embarrassed to say that you did it all.”

“Okay. Xiao Ai said I did it, so I can only admit that I did it. But… who did I do?”

Ai Xiaoai was furious.

She sat up, scratching and biting on Zhao Jiangchuan’s back.

“Shameless, rascal, bastard… I made you shameless.”

“Little love. I was wrong, let me go.”

Like Elvis Presley’s furious Xiao Ai, Zhao Jiangchuan, who is tossing, is begging for mercy again and again.

This guy immediately conceded.

The scratches on the back, how can it stand up to such a toss.

Unfortunately, begging for mercy is useless.

Ai Xiaoai reluctantly said.

“You hooligan, you blame me for your good deeds, you know how to be a hooligan, bastard, I’ll kill you bastard.”

“Ah! It hurts, it hurts me…”

The world is quiet.

In Zhao Jiangchuan’s screams, Ai Xiaoai was terrified.

Realizing what she had done, she timidly said.

“Zhao Jiangchuan. Sorry, I didn’t mean to.”

Ai Xiaoai’s tone contained self-blame, distress and regret.

Because Zhao Jiangchuan’s back is full of new scratches.

It is densely packed, like a twisted centipede.

These scratches were all grabbed by Ai Xiaoai when she was out of control.

Unconsciously, Ai Xiaoai’s tears fell.

She lay down on Zhao Jiangchuan’s back again and cried.

“Zhao Jiangchuan. Why don’t we do that in the future…”

What can Zhao Jiangchuan do?

There is nothing he can do.

Whoever makes this little man in his family belong to a cat.

This pain is nothing compared to that.

Zhao Jiangchuan said helplessly.

“Okay, okay. Not too painful. It’ll be fine in a few days.”

“Really? You didn’t lie to me?”

“When did I lie to you?”

Ai Xiaoai felt something was wrong, she thought about it.

“When did you lie to me?”

“Gah…”

Classmate Zhao Jiangchuan didn’t know what to say.

Fortunately, Ai Xiaoai did not pursue this issue any further.

She lowered her head.

“Zhao Jiangchuan. If you don’t go to school, I think what will you do!”

“Miss me… hehe… didn’t you say no to that!”

“Hate. I didn’t mean that.”

“Ok, I know.”

“I know you said that, rascal.”

“…”

“Zhao Jiangchuan, you can’t like other girls outside.”

“Um.”

“You can’t look at other girls either.”

“Um.”

“If you have time, remember me.”

“Then what if I think about that?”

“…”

Ai Xiaoai didn’t know how to speak this time.

She found that it seemed that this problem was really difficult to solve.

Then…

Xiao Ai lowered her head and kissed the wound on Zhao Jiangchuan’s back.

Because Xiao Ai thought of a solution.

As long as you think about it once, it will not be solved.

In this regard, Zhao Jiangchuan expressed his approval with both hands.

ten minutes later.

Classmate Xiaoai sat on Classmate Zhao Jiangchuan’s lap with a blushing face.

“Oh…”

……

Hongkong.

Office of the President of Standard Chartered Bank.

George King took the phone and dialed the phone that couldn’t get through.

His heart was full of resentment, and every time he made a call, he would scold someone for being irresponsible.

It’s been a whole month.

But someone is like disappearing from the world and can’t be contacted.

Oh, God!

I’m just a part-time worker, you can’t be so harsh!

George King was disappointed again.

The number he had memorized a long time ago, still didn’t get through.

George King sighed and put down the phone.

He had a feeling of despair.

When I met such a boss, I really had eight lifetimes of blood mold.

The boss of other people, who doesn’t lead by example and be conscientious, how can his boss be like a hen that throws eggs.

At the critical moment, there is no shadow.

“Bang bang…”

knocking.

George Kim, who hung up the phone, was helpless.

“Come in.”

“George, Happy New Year!”

George King looked at the man who came in in disbelief.

At this moment, he suddenly felt so excited that he wanted to cry.

Oh, God.

You are so kind.

After confirming that he was not dreaming, George King changed his face.

He pointed towards the calendar on the wall.

“Boss! I have to remind you that today is March 16th. In other words, more than three months have passed since the New Year. Even according to the festivals of your country, the Spring Festival has passed for a month.”

Zhao Jiangchuan shrugged and said embarrassedly.

“We don’t have a calendar at home.”

George King was defeated.

What can he do when he encounters such a **** boss.

He squinted at Zhao Jiangchuan, not wanting to say a word.

But Zhao Jiangchuan had no intention of letting George King go.

“George, what’s with this look. Are you surprised or surprised to see me? Don’t you have anything to say to me?”

This time, George King couldn’t sit still.

Having had enough, he couldn’t help but get mad.

“God! Don’t you know how much money we’re putting in now? $7.8 billion. My boss, you can’t treat your work as a child’s play! Don’t you think it’s your responsibility? Take a month off. , still don’t open the phone. Omg, are you a salted fish from the Pacific Ocean!”

“Ha ha…”

Zhao Jiangchuan didn’t mind George King’s outbursts.

He laughed and walked behind George King and patted George King on the shoulder.

“George. Isn’t there you. I believe in your ability.”

This stuff is buying people’s hearts.

But knowing that Zhao Jiangchuan was buying people’s hearts, George Jin’s face softened.

He rolled his eyes and said.

“Boss. The Thai baht has all been lost. At present, the price has been hit around 42. Yesterday, the Thai side hoped that the repayment period of the loan could be postponed. I think I can’t solve this problem.”

Inter-peer lending business is a short-term turnover business between banks and financial institutions.

Low interest rates and no collateral required.

And under these two characteristics there is another characteristic.

That is short term.

Often, such borrowing time will be within a week to a month.

The US$4 billion lent by Standard Chartered to the Bank of Thailand was lent to the Bank of Thailand at the lowest interest rate offered by peers.

time.

a month.

But Thailand’s plan to maintain the currency failed as the baht’s value collapsed again.

Now in Thailand, there is no money to pay back the borrowed funds from Standard Chartered.

George Jin Yuluo, Zhao Jiangchuan showed an extremely despicable smile.

he laughed.

“That’s great. Since they want to hold off, we… of course agree, you say. George. Haha…”

Bangkok.

Bank of Thailand.

Sonny was struggling with angina as he calculated the money the central bank could draw on.

After the value of the Thai baht was bombed to around 42 by the market, the selling in the market finally reduced a lot.

But the pressure on Thailand has not diminished.

Because the Bank of Thailand currently only has US dollars left, it can barely maintain the daily currency exchange.

Once there is a large capital outflow from Thailand, the central bank will no longer be able to exchange dollars for Thai baht. At that point, the whole of Thailand may go bankrupt.

“Ring bell bell…”

The phone on the table rang.

Sonny glanced at the phone, put down the pen and picked it up.

“Hello. I’m Sonny.”

“Hello, President Sonny. I’m George King from Standard Chartered Bank.”

“Oh. Hello, Mr. Jin. I wonder if the board of directors of your bank will grant our request for extension.”

“That’s it. The board held an emergency meeting at noon today. Given the current situation in Thailand, we are eager to help Thailand through this difficult time. So the board approved Thailand’s request for a loan extension.”

“call…”

Sonny breathed a sigh of relief.

Today’s Thailand is a time of turbulence.

After paying off the loans of Sumitomo and Mitsui, the total funds available to all parties in Thailand are less than one billion US dollars.

If Standard Chartered does not agree to this repayment extension, Thailand will go bankrupt.

so far so good.

Sonny gave a long-awaited smile.

he said sincerely.

“Thank you very much for your bank’s support to Thailand, and the Board of Directors of Standard Chartered for its understanding and help in Thailand. Thank you very much!”

When Sonny spoke, George King took it and said a little embarrassed.

“President Sonny, I’m really sorry. I haven’t finished what I just said. Since the headquarters’ investment business in the United States will draw a large amount of funds in the near future, the board of directors finally agreed to suspend the repayment of part of the funds in Thailand. the term.”

Sonny’s heart sank to the bottom, and the smile on his face seemed to be frozen.

He swallowed hard.

“How much is a part!”

“Two billion dollars.”

Sure enough.

Exactly half.

However, where can I get so much money in Thailand now?

Sonny’s fist clenched involuntarily.

But soon, he loosened his fist again~www.mtlnovel.com~ Mr. Jin, can you help us to be more accommodating, now…”

Sonny’s tone was full of pleading, and that kind of pleading made George King feel a little unbearable.

This is the governor of a central bank.

But now, he was begging him in a pleading tone.

If you don’t love this country so much, how can you give up your dignity as the president of a country?

George King didn’t wait for Sonny to finish speaking, he immediately took over.

“President Sonny. We understand Thailand’s difficulties very well. We are also very willing to help Thailand get through this difficulty. So before this, the board of directors of the company proposed a compromise solution, a way to relieve Thailand’s pressure. .”

Sonny was shocked, he asked quickly.

“any solution.”