Xu Damao nodded confidently and said, "Hey! Don't worry, Silly Zhu! I can handle this matter perfectly.

So I exchanged most of the currency I had into US dollars, a considerable amount.

Now with so much money, if we throw it into any financial market, it will definitely turn it upside down. "

After saying that, he raised his chin proudly.

Hearing this, the person who asked the question, He Yuzhu, nodded slightly.

He expressed his approval: "Well, not bad, not bad, it's OK. In that case, it's almost time for us to prepare to enter the market."

His voice was calm, as if this was just an ordinary little thing.

While the two were talking, the car sped along at lightning speed and finally stopped steadily in front of the Lou family's door.

However, nowadays this place may no longer be called Loujia, because it has long been owned by the Xu family.

You know, Xu Damao owns several properties under his name, but for some reason, he has always been fond of living in the villa purchased by his father-in-law.

After the five people got off the car, they walked into the house.

As soon as he stepped into the house, He Yuzhu couldn't help but exclaim in surprise.

It turns out that although more than thirty years have passed in a hurry.

But everything in the house still remains the same as it originally was. The original decoration style has not changed at all, and even the furniture has not been replaced.

However, Xu Damao and his wife did add many decorative items such as antiques, calligraphy and paintings into the house.

These things contrast with the already magnificent decoration, and they pass by quietly with the passage of time.

It actually made the whole house gradually filled with a unique atmosphere full of ancient charm.

After a few people slowly walked into the room, the atmosphere became a little lively.

All I saw was He Yuzhu's lively and lovely daughter He Xiaoqi and her smart and clever son He Xiao.

With a bright smile on her face, she took Xu Damao's daughter Xu Nianchu to the yard to talk about their things.

Xu Nianchu, she has returned to the old city several times with her father Xu Damao.

Because of this, she got along very well with the siblings from the He family, and their relationship was as good as that of real siblings.

On this side, Song Huijia was warmly pulled by the hospitable Lou Xiao'e, and the two returned to the room chatting and laughing, ready to try out those exquisite cosmetics.

At this time, only He Yuzhu and Xu Damao were left standing opposite each other in the living room.

After a moment of silence, Xu Damao finally couldn't hold back his curiosity and asked:

"Silly Zhu, um... how do you short the Thai currency?"

Although Xu Damao had heard a little about things like investment exchange rates, he had never really understood or dealt with them in depth.

However, He Yuzhu is different! In his previous life, he learned about it by watching documentaries and other methods.

I have carefully studied the ins and outs of that thrilling financial crisis in later generations.

Not only that, he also took the time to carefully study the entire Asian financial crisis.

Then, He Yuzhu cleared his throat and said slowly:

"Hey, Shamao, this crazy harvest of international hot money, the story has to start from the year before last!"

Then, he began to talk incessantly about a series of events, including how the Thai government allowed the free convertibility of the Thai baht against the US dollar in 1995.

This move seemed to be able to promote the rapid rise of Terra's domestic economy, but it was unexpected that it actually quietly buried deep hidden dangers behind it.

The time goes back to February this year.

At that seemingly calm moment, the capitalists on Flower Street were carefully planning a huge conspiracy against the Thai baht.

Initially, they cleverly borrowed 380 billion Thai baht from banks in the country of Terra, promising to return the money in full in a few months.

However, this was just the prelude to the conspiracy.

Then, they invested the huge amount of borrowed money into the market without hesitation.

They also sold Thai baht on a large scale in exchange for US dollars, and deliberately created an atmosphere of panic through various means.

As a result, many unaware investors and ordinary people were affected.

They followed suit and sold their Thai baht, causing the price of Thai baht to plummet.

Faced with this sudden currency crisis, the Terra government had to urgently mobilize all of its foreign exchange reserves.

Make every effort to buy back the Thai baht which is depreciating rapidly in the market.

But unfortunately, even if the Terra Central Bank tried its best.

The amount of foreign exchange in its hands is still far from enough to cope with this storm, and in the end it can only watch the Thai baht suffer heavy losses and continue to plummet again and again.

At this time, those cunning capitalists on Flower Street seized the opportunity and frantically exchanged Thai baht into US dollars while the value of the Thai baht was still high.

After the Thai baht plummeted, they used the US dollars they had earned previously to buy back Thai baht at a low price to repay the loans they had borrowed from the bank.

Just by buying and selling, they easily made astonishing profits by relying solely on exchange rate fluctuations.

He Yuzhu is well aware of this series of complex and insidious operating procedures.

So, like pouring beans out of a bamboo tube, he told us in detail and without reservation everything he knew and understood about the unique and mysterious operating model of Huaer Street.

He told Xu Damao everything in detail.

Xu Damao sat aside, listening attentively and fully, afraid of missing any key details.

Sometimes he nodded slightly to show his understanding, and sometimes he frowned and fell into deep thought.

Throughout the whole process, he showed extreme concentration and seriousness.

However, as the explanation went on, Xu Damao's sharp eyes gradually caught some new problems.

After quickly summarizing it in his mind, he proposed it without hesitation:

"Silly Zhu, logically speaking, Wall Street's goal has been achieved, but how can we continue to gain benefits from it now?

Even if there is a chance to make some money, the amount would probably be quite limited. "

After hearing these words, He Yuzhu's mouth corners slightly raised, revealing an imperceptible smile of understanding.

Then he turned to look at Xu Damao and asked in a calm but probing tone:

"Then let me ask you, how many US dollars did you exchange this time?"

Xu Damao hesitated for a moment, then took a deep breath and answered as if he had made up his mind:

"The total is about 15 billion US dollars!"

Xu Damao casually stated the exchanged amount.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like