Soros invests in virtual currency
Soros adopted a three-dimensional speculative strategy, not a single foreign exchange operation. The so-called three-dimensional speculation is the use of the correlation between three or more financial instruments for financial speculation
specific case: on March 3, 1997, the Central Bank of Thailand announced that nine domestic financial companies and one housing loan company had problems of poor asset quality and insufficient liquidity. Soros and his subordinates believe that this is a hint of deeper problems that may arise in Thailand's financial system. They preemptively ordered the selling of shares in Thai banks and financial companies, and depositors made large withdrawals from all financial and securities companies in Thailand
at this time, the Western shock funds led by Soros, which are waiting for a large number of Southeast Asian currencies, United and sold the baht on a large scale. Under the siege of many western "Heroes", the baht was hard to resist for a while and kept on declining. In May, the lowest price jumped to 26.70 baht to the US dollar. The Central Bank of Thailand, with the help of the whole country, launched an anti encirclement campaign against Soros in the middle and late May
in the first step, the Central Bank of Thailand formed a coalition with Singapore and spent about US $12 billion to absorb Thailand; The second step is to follow Mahathir's strategy and tactics in 1994, forbid local banks to lend Thai money to Soros army by executive order; The third step is to raise the interest rate substantially, and the overnight interest rate will rise from about 10% to 1o00-1500%. The strong counterattack led to the rise of Tai Ma to a new high of 2520 on May 20
e to the sudden tightening of money, the interest cost increased greatly, which made Soros army unprepared and lost $300 million. However, with his intuition, Soros thinks that the Central Bank of Thailand can do nothing more than this. After doing everything, Thais have not put themselves into a desperate situation, and the losses they have suffered are relatively small. In a way, Soros thinks he has won
In June 1997, Soros sent troops again. He ordered the fund to take the lead in selling US Treasury bonds to raise funds, and launched another fierce attack on the Thai baht in the last ten days. The Central Bank of Thailand, which has only US $30 billion in foreign exchange reserves, has declared that it has "run out of ammunition" after a short battle. They are unable to maintain a fixed exchange rate for the Thai baht The Thais have to come up with a last resort and implement a floating exchange rate. Unexpectedly, as Soros had expected, he also carried out various counter measures. The Thai baht continued to decline. On July 24, the Thai baht fell to 32.5:1 against the US dollar, setting a new record low According to foreign media reports, George Soros, 84 years old and known as "financial giant", announced his "formal retirement" at a private dinner in Davos on the 22nd local time. Just like Bill Gates, the IT instry's top "big shot" a few years ago, Soros also said he would engage in philanthropy
Soros became famous in 1992 as "sniping the pound" -- he took great risks to "snipe" the Bank of England by buying and selling the hedge between the pound and other currencies, resulting in the UK being forced to withdraw from the European exchange rate system and earning the "first bucket of gold" of US $650 million
However, what is more well known to Chinese netizens is that Soros "sniped" the Thai baht and Hong Kong dollar in 1997, triggering an "Asian financial storm" that lasted for several years; In 2012, Soros made $1 billion by shorting yen
Soros has repeatedly threatened to retire before, all of which were "unsuccessful", and this time he said "it's the last time"< br />
The essence of Soros is that the amount of loans remains the same, but the value becomes lower. If the value becomes lower and the quantity is increased, there will be no empty handed white wolf. Of course, this is unlikely to be implemented, because finance is liquid and changing all the time. It's hard to be accurate
Soros shorted the baht because he saw the huge bubble of Thailand's economy and financial freedom. Let's look at Hong Kong. At the beginning, Soros also went short of the Hong Kong dollar. As a result, the government intervened, and Soros had to go away. The key lies in the details of operation. It's very difficult for us without fame and basic materials to get loans, but it's relatively easy for people like Soros to get loans
the essence of Soros's operation is to borrow money from the bank and operate with leverage. One disadvantage of this method is that if short selling fails, the loan interest can also crush him. In 2015, our deleveraging led to the double killing of stocks and bonds. One of the major reasons is that the leveraged funds are not really controlled by the borrowers. Once the stock price reaches a certain fixed value, the loan platform will directly force the liquidation of the position, and the more the leverage is killed, the more even it will be. Soros also encountered this dilemma, and finally had to follow suit to rece losses
there are several countries where there is no bubble economy. The dollar is the world currency. By cutting and raising interest rates, the Federal Reserve causes the fluctuation of the US dollar, and then causes the fluctuation of some other currencies anchored by the US dollar. Before the Asian financial crisis, South America was the region with the fastest economic growth in the world. Then the British Arab war broke out, and the economy of South America fell into a slump. After that, Soros short many currencies in Asia, resulting in the Asian financial crisis. Including the Thai baht and the Hong Kong dollar, Soros Quantum Fund attacked the Hong Kong dollar. The Hong Kong government failed to rescue the market by using Hong Kong's finance. It called for help and mobilized national funds to enter Hong Kong to hedge Soros quantum fund and successfully rescued the market
1. Soros borrowed a lot of baht from the Bank of Thailand.
2. He sold baht in the market or changed it into the currency of other countries.
3. There was a crisis in Thailand's economy itself, which led to the devaluation of baht e to Soros's large-scale tossing.
4, It's 100 yuan, and now as long as 50 yuan, he takes back the original 1000 baht, and then he gives it back to the Bank of Thailand, so he makes 50 yuan.
you think, Soros is a big asset, the more money he invests, the more he makes.
of course, the premise is that there must be a lot of capital investment to cause the devaluation of the baht
confirm.
some patches are Chinese patches, which means to translate the non Chinese interface into Chinese.
the methods of using cracking patches are very simple, which are generally divided into two kinds:
one is to get the registration code after running, Then enter the registration code yourself
another method is to override the file and modify the registry after running: some choose the installation path of the software after running (that is, the path you choose when you install the software); The other is to it to the installation directory and then run it.
generally, there are instruction files for cracking patches to tell you how to use them, just step by step
I recommend you to enter the safe mode.
installation ~
it is possible that the file of a patch you installed is being used by the system ~ ~
the way to enter the safe mode.
boot up.
continuously place F8.
select the safe mode at that time~~
Hefei now opens a direct bus to Zipeng Mountain - No. 80, take the bus at the Pearl Square Station on the busy Avenue
(the original Hefei zipengshan special line was cancelled at the same time!)
Where are you in the city
Pearl Square - zipengshan station:
bus line: No.80, the whole journey is about 21.5km
1. Walk to the Pearl Square Station (northeast corner of flyover) on the north side of busy Avenue,
2. Take No.80, pass 26 stops, Arrive at zipengshan (Institute of foreign languages) station
No. 80:
< P > Furong Road bus stop - Pearl Square - Huiyuan - Fanfei intersection - Central City - Provincial Electric Power Design Institute - fanjiu intersection - Jixian road - zhangweizi - Hedong - Fanzhu intersection - Fanyu intersection - Liheng instrial square - Fanwen intersection - Chang'an village - yaohuamiao - Bagongshan road - Yueda Ying - Zipeng Instrial Park Park - South China city - Zhuyuan - Yu Xiaoying - Lishu - Huishang College - Hefei University of science and technology - Wenda College - zipengshan
zipengshan - Wenda College - Hefei University of science and technology - Huishang College - Lishu - Yu Xiaoying - Zhuyuan - South China city - Zipeng Instrial Park - Yueda Ying - Bagongshan road - yaohuamiao - Chang'an village - Fanwen intersection - Liheng instrial square - Fanyu intersection - Fanzhu intersection - Hedong - zhangweizi - fanjiu intersection- Provincial Electric Power Design Institute - Central City - Fanfei intersection - Huiyuan - Pearl Square - Furong Road bus stop
operation time:
→
you 7, 1 hour 29 minutes, 15 kilometers, transfer once<
Jinhua railway station,
1
walk 180 meters to the west railway station, take K37 air conditioner (via 4 stations | 19 minutes), or take 314k38 air conditioner,
2
get off at people's Hospital, walk 28 meters to people's Hospital, take you No.7 (via 21 stations | 1 hour and 4 minutes),
3
get off at driving test center, walk 202 meters to Jinhua motor vehicle driver test center.