2657: C2657 Aim at Lion City

C2657 Aim at Lion City

The Luo Country had already sensed that something was wrong.

Baht was being sold out in every trading place in the country. The currency in Luo Country could be used in the market. When the baht that they had previously released was bought by the mysterious buyer, they were still happy, but now, they could no longer laugh.

Baht entered the financial market in large quantities, and the exchange rate of currency in Y Country plummeted. In order to stabilize the currency in Luo Country, one could only go through the Central Bank. They had to constantly consume foreign reserves to buy baht and stabilize the exchange rate.

In the first exchange, Baht's exchange rate was preserved, but no one could imagine that this was just the prelude to a storm.

A few days later, even more Baht was dumped. Baht continued to plummet, but at this time, Luo Country's foreign exchange reserves were running low. After a series of ideological struggles, Luo Country finally announced that they would give up on fixed rates. It allowed the currency of Luo Country to freely fluctuate in the market.

Baht quickly depreciated! On the day of the announcement, Baht fell by 17%. Along with the fall of the exchange rate, the financial crisis in Luo Country... The curtains were drawn. After decades of economic growth, Luo Country finally experienced the painful lesson of barbaric growth.

In the past few years, in order to maintain economic growth, Luo Country borrowed a lot of foreign debts. This kind of debt. The high economic growth of overdraft and the expansion of unhealthy assets had caused countless bubbles to appear in the domestic economy. Soros chose to snipe the currency of Luo Country first, which was that Luo Country's economy was one of the most unstable.

Their economic development had already started to slow down, and the government continued to interfere. However, at the same time, the financial regulations were still not in place, which caused serious loopholes to appear in their economy.

The change in exchange rates caused the products in Luo Country to be unable to be exported immediately. Workers would lose their jobs, and the economic crisis that spread throughout the entire society would come.

The beach had already become empty. After Luo Country's economy fell into chaos, all the industries in the country were in a bad state, and it even affected the development of their tourism industry.

Lisa felt the turmoil in the past few days and sighed in her heart. If they wanted the economy of the country to grow steadily, they needed to have the ability to resist the impact. The economy of these countries was too weak. It was simply a collapse.

At the same time, because the economy of this region was interconnected, the economy of Luo Country was in turmoil. At the same time, it started to spread to other countries. An economic crisis that swept across the entire region happened just like that.

"This time, our cooperation was very pleasant. The foreign exchange reserves in the Milky Way at the center of Luo Country. They all entered our account." Soros came in front of Lisa again. "Next, we will go to other countries to continue sweeping them. Miss Lisa, are you still with us?"

Wealth would not disappear, it would only be transferred. Just as they were attacking the currency of Luo Country, the money thrown out by the Central Bank of Luo Country to stabilize the currency exchange rate had all entered the pockets of snipers like them.

Everyone had made a huge profit. This banquet was the favorite of international investors.

"We will follow. The capital will enter the Lion City." Lisa said to Soros.

Soros shook his head. "Miss Lisa, you are very capable. We all know that. You played a crucial role in our capital operation this time. However, please listen to my advice. Our Quantum Fund has researched the Lion City. The financial stability of the Lion City exceeds that of all other countries. We might lose everything."

Of course, they also bully the weak and fear the strong. Which country has less foreign reserves? Which country can be defeated by their international capital? It is obviously not easy to conquer Lion City. Because Lion City's foreign reserves were too rich.

"It's precisely because of this that we made a move. This way, we will be able to obtain even more profits." Lisa said, "How about this, we will launch the previous few snipers and wait until Lion City is about to retreat. Your funds should also enter, right? "

Money was greedy. When there was a risk, they would not take it. If it was a painful beating, Lisa believed that they would not give up the opportunity.

With this, a large number of international speculators would enter the Lion City. How could the Lion City not be defeated? At the beginning, it was not a big deal for her to snipe them. Because he had enough money in his hands. Qin Guan had as many money as he wanted, and it was endless. It was even more powerful than the money printing machine in Y Country. So, why should he be afraid? It was impossible to fail. Lisa had never failed ever since she started her career. This time, she won't fail either!

Lisa was very confident in herself.

Now that Lisa had said so, Soros could only agree. "Alright, then I look forward to our cooperation in the future. Now, we are going to march towards other countries."

Was this against the law? Of course not. They acted under the conditions set by the other party's law. It is a completely legal business method, it can only be said that the laws of those countries are not perfect, that's all. Of course, this kind of game can only be played once. In the future, they would definitely make up for the shortcomings of the law.

The foreign exchange reserves in Lion City were too abundant. It was definitely not something they could push forward. However, Lisa was different. If she had to rely on the North Industrial Company in Han Country... She really had such strength. After all, she had been relying on them all these years. She had earned a lot of money.

What kind of hatred did he have with Lion City?

Lion City.

This was a small city with almost no complete heavy industry. All of them relied on the import and export business and tourism business to maintain the running of the country, and these businesses all required a large amount of foreign reserves as support.

Their rise was because of their superior geographical location, and because of this Six Barrel Straits! Every year, there were at least 100,000 ships and half of the world's oil-powered ships passing through here. This was the world's busiest shipping channel!

Although Lion City was a small place, it was the world's fourth largest financial center, the largest shipbuilding base in the entire region, the world's third largest oil refining center, the world's fourth largest port, the fifth largest aviation port, and the number one fuel supply base.

For such a country, even though the land area was small, it was still quite economical.2

Over the years, the economy of Lion City had always been stable. This time, after the financial crisis of Luo Country broke out, the economy of Lion City also suffered a certain impact.

"Our currency exchange rate has also started to fall. However... It's not yet time for us to use our foreign reserves " At this moment, in the government building of Lion City, looking at the thousands of merchant ships entering and leaving the port in the distance. The economic minister of Lion City said to the others.

pqdm.com