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At the end of the last century, after the collapse of the Soviet Union, the Jewish capital on Wall Street completely lost their scruples one by one, and they began to bring their tens of billions of assets to stir up trouble in the financial markets of various countries.
A white-haired old man named Soros is even more of a leader, and he manipulates financial leverage that even the British Empire cannot handle, let alone Thailand and South American countries, whose economic structures are more fragile.
For quite some time, Jewish capital wielded a sickle and looted the wealth of people all over the world without restraint. Everywhere they went, banks went bankrupt, people lost their jobs, and the economic situation, which was once relatively stable, instantly collapsed into a mess.
Has it been said that countries have not tried to stop Jewish capital, and have anyone succeeded in defeating the Jewish conspiracy?
Of course, China is the only country that has succeeded in defeating Jewish capital, and the Hong Kong SAR government has worked together with the Chinese government to win this spiritual battle.
Punch the Bank of England
What did the cold-blooded and ruthless financial killer do to the pound?
Before the official introduction of the Bretton Woods monetary system in the United States, the British pound was the world's main currency. It's a pity that after two world wars and the Great Depression, in order to improve the fault tolerance of its financial system as much as possible, Britain began to gradually abandon the gold standard and invest little by little, embracing the floating system.
After the Bretton Woods monetary system was suspended by Nixon, the United States directly tied the dollar to crude oil, and the pound completely retired from the ranks of mainstream currencies.
In 1990, also for the purpose of economic development, Britain officially announced its accession to the European exchange rate system independently created by Western European countries.
Under this nascent system, exchange rates are only allowed to fluctuate within a certain range, and once the fluctuation exceeds the prescribed range, the central banks of member countries are obliged to regulate them by buying and selling their own currencies, so as to maintain the relative stability of the entire European market.
Objectively speaking, the European exchange rate system is indeed conducive to the coordinated development of European countries, but the problem is that the core currency of the European monetary system is the Deutsche Mark, which makes Soros smell an opportunity.
At that time, 1 pound could be exchanged for 2.95 marks.
Soros believed that the depressed British economy could not maintain such a high exchange rate, so he took out his tens of billions of funds and continued to short the pound to buy the mark. At the same time, he emptied his holdings of German stocks and bought all $500 million into British stocks.
Such a big move naturally attracted the attention of many speculators, Soros's ambition was obvious, and the rest of me was for the hungry wolf, so naturally I would not give up such a good opportunity. They followed in Soros's footsteps and contributed to the collapse of the British economy.
Soros didn't have to wait long, and in mid-September 1929 the British economy finally couldn't bear it.
The outflow of funds has made it impossible for the British government to maintain such a high exchange rate. For the first time, they turned to Germany for help, hoping that Germany would lower its exchange rate and give the British economy a way to live.
However, it was not a good deal for Germany to help Britain at the expense of their own national interests, and they believed that even a reduction in the exchange rate would only be a delaying measure, and that Britain would not be able to deal with its own big troubles.
Germany's refusal was quite succinct, and Britain had to save itself from the crisis.
The British government did take a lot of rescue measures, and in order to attract as much money back as possible, they raised the interest rate of the Bank of England twice in one day, and finally the interest rate reached a staggering 15%.
But the problem is that the real capital is in the hands of those who want to short the pound, and the money attracted by the UK's interest rate hike is only a drop in the bucket compared to those tens of billions of financial powers.
On September 16, 1992, the United Kingdom was forced to withdraw from the European exchange rate system.
The British Treasury said that Soros triggered the war, causing Britain to lose up to 3.4 billion pounds of property, in which Soros alone grabbed more than 2 billion.
The British domestic economic system collapsed almost instantly, a large number of enterprises went bankrupt, and countless people lost their economic resources, this day is called "Black Wednesday" by the British.
Soros's reputation as a "cold-blooded killer" has also been completely launched after this big victory.
Although this financial goose donated billions to international charities in his later years and was a well-known philanthropist, this "crocodile tears" did not change the image of the villain in the eyes of the audience.
In 2017, more than 100,000 people petitioned the White House, hoping that the White House could make Soros a "terrorist".
The driver of the financial crisis in Southeast Asia
After successfully sniping at the UK, Soros focused on Mexico again, and the operation was as fierce as a tiger, and the Mexican economy directly "reversed".
But if you want to talk about Soros's most "dehumanizing" battle, it still belongs to Southeast Asia. Think that Soros succeeded in sweeping away one-third of Thailand's wealth overnight.
How did he do it?
Assuming that Soros wants to short country A, he will first invest a large amount of capital in country A's financial industry, and the pool of funds worth tens of billions is enough to make country A's economic development, but behind the development are countless financial bubbles.
Soros can carry out the second step, he first takes a loan of 100 billion yuan from the bank of country A, and then converts it all into dollars at the exchange rate at the time.
Each country's dollar reserves are limited, so in a short period of time, Soros can make a large increase in the currency of country A, and the dollar reserves will be instantly reduced.
For the general population, the impact of the reduction in dollar reserves is not obvious.
However, the US dollar is an indispensable part of international transactions, and if some international trading companies do not have US dollars in hand, the entire company will fall into a state of shutdown, and may even bear huge liquidated damages.
Therefore, in order to ensure that they have enough foreign exchange in their hands, these companies will do their best to exchange dollars in advance.
As a result, there are more and more currencies in country A in the market, and the dollar has decreased significantly.
In order to stabilize the situation, the country will inevitably take out a large amount of US dollar foreign exchange reserves to buy the currency of country A and adjust its own economy.
When the foreign exchange reserves are not enough to buy more currency, there is only one way left for country A, and that is to devalue country A's currency.
If 1A coins could be exchanged for one dollar before, then if you want to exchange for 1 dollar, you need at least 2 A coins.
At this time, Soros can convert half of the US dollars in his hand into A coins again and repay the previous 100 billion A yuan loan.
In other words, he only spent half of the money and paid off all the previous loans.
The difference in the middle is his "profit".
This is how the Thai economy was hollowed out, and in early 1997 Soros and his supporters succeeded in shorting the Thai baht market.
The Thai government had to spend 12 billion US dollars to absorb Thai baht, out of the principle of "putting a long line to catch big fish", Thailand's economy ushered in a short period of stability, and the people did not know that the executioner's big knife was hanging over Thailand.
In June of the same year, Soros's patience gradually ran out, and he led hedge funds to attack the Thai baht again, and the Bank of Thailand had to empty its money and spend $30 billion to buy back the baht, but it was too late.
The Thai government was forced to abandon the fixed exchange rate mechanism and start a floating exchange rate.
Overnight, Soros changed the exchange rate of the Thai baht against the dollar from 1:25 to 1:50, tens of billions of dollars flowed into his pocket, and Thailand's economic system was destroyed by him and was in ruins.
At the same time, similar combat power is also quietly unfolding in the Philippines, Malaysia, Indonesia and other places, Southeast Asian currencies have almost all been lost, and the entire Southeast Asian economy has been hit hard and fallen into a panic.
As a result of the financial crisis, the total GDP of the Association of Southeast Asian Nations (ASEAN) countries shrank by $9.2 billion in 1997, and by 1998 the losses had reached a staggering $218.2 billion.
The economic situation in Southeast Asia, which could be called stable and good, has become the most helpless victims of the financial crisis.
It is worth mentioning that in 2010, Soros said in a speech at the University of Hong Kong that he was not the culprit of the Asian financial crisis, and that there was a bubble in the Southeast Asian economy itself, and what he said was just to let the bubble collapse faster.
The successive victories made Soros completely lose his former sense of proportion, and he openly talked to the Bank of Hong Kong, saying that his next target of attack was Hong Kong, which had just completed the return to the motherland, and brazenly claimed that he would turn Hong Kong into an ATM for Jewish capital.
Soros, whose self-confidence is extremely inflated, did not expect that Hong Kong not only did not become an ATM for Jewish capital, but became the biggest Waterloo for his investment career.
The only victor China
Soros did not change his offensive methods, he treated Hong Kong as if it were Southeast Asian countries, although he counted a large number of Hong Kong dollars, and then seized the opportunity to sell a large number of Hong Kong dollars in order to achieve the result of malicious manipulation of the exchange rate.
In the short term, his strategy was quite successful: in July 1997, January 1998, and May 1998, Hong Kong's exchange rate plunged three times, and the economy gradually declined just after the return of the Special Administrative Region.
In order to repatriate the Hong Kong dollar, the Hong Kong government had to raise the interest rates of the banks, attracting investors to send large amounts of money back into the bank coffers.
After all, compared with the high risk and high return of the stock market, most people have a higher degree of trust in stable bank interest, and Hong Kong's economic situation has gradually stabilized under the government's macroeconomic control.
But this time, Soros's ambition is not only that, in the face of the ever-changing China, he has played a big game of chess.
Corresponding to the rise in bank reserves, the stock market pool became shallow, and the Hong Kong stock market, which had lost its vitality, soon fell off a cliff.
The sharp rise in interest rates will also lead to higher interest rates on bank loans, whether it is a housing loan, a car loan, or a consumer loan.
At that time, the living standards of the people in Hong Kong were also okay, there was more capital for investment, and it was difficult for ordinary people to get in touch with more stable and deeper investment and financial projects, and real estate and stock speculation had always been a popular industry.
In addition, Hong Kong's stock market and housing prices continued to rise, and many people were very optimistic about the market prospects.
Therefore, when the stock market and the property market both plummeted, a large number of unrestrained retail assets were trapped, and the capital chain was completely broken.
In order to avoid risks as much as possible, a large number of people began to buy US dollars, and the Hong Kong dollar market was gradually shorted in the same way.
They do not believe that Hong Kong can compete with Jewish capital, nor do they believe that the Chinese government has the intention and strength to help Hong Kong clean up the mess.
The arrogance made them subconsciously ignore it, and the high-level Hong Kong executives who entered Beijing overnight were full of the hundreds of billions of funds they had raised, ready to see the right time to harvest.
It turns out that opening the champagne at half-time is absolutely nothing good.
Zhu Rongji, then premier of the State Council, gave the Hong Kong government a "reassurance," saying that China would stabilize Hong Kong's economic situation at any cost.
The two deputy governors of the central bank and the Bank of China personally came to Hong Kong to supervise the war, and the country even took out 140 billion US dollars in reserves to fight against Jewish capital.
The confrontation between the Hong Kong government and Jewish capital has officially begun, and anyway, there are enough foreign exchange reserves, and the Hong Kong government will buy as much as Soros sells, depending on who can't hold on in the end in this "gold coin" campaign.
Such a fierce war has naturally attracted the attention of global financial people, and it is not only the people of Hong Kong and the mainland who rely on the Hong Kong stock market, but also the capital of other countries to see whether Jewish capital is really invincible.
On August 28, 1998, the final battle finally came.
Soros and his Jewish capital have used all the funds they can raise, and the Chinese government stands with the Hong Kong Special Administrative Region, and as long as the Jewish capital dares to be released, China will dare to absorb it.
Within 5 minutes, the stock market turnover exceeded 3 billion Hong Kong dollars, and at noon, the Hong Kong stock market turnover exceeded 40.9 billion.
On the afternoon of August 28, an average of 350 million funds entered the trading stage every minute, which was a real money war, and the once powerful Jewish capital gradually showed fatigue under the encirclement and suppression of China.
It is said that Soros and the Jewish capital behind him are rich and rival the country, but in fact they still cannot confront a big country head-on.
On the evening of August 28, the Hong Kong stock market officially closed, the largest hedge fund in the United States, Long-Term Capital Management, announced its collapse, and Soros's "Quantum Fund" and "Tiger Fund" also lost tens of billions of dollars.
Some people call the victory in this battle a turning point in China's "national fortunes."
After this battle, the whole world has seen the potential of the Chinese market, and China's road to joining the WTO has become smoother because of the victory in this battle.
The defeat of the Hong Kong resistance war also seems to symbolize the exhaustion of Soros's talents, and since then, he has not been able to deliver a perfect answer in either the Russian debt crisis or the Japanese exchange rate war.
In 2000, the once powerful old man closed the "Quantum Fund" and gradually withdrew from the investment market.
Even if there was a brief comeback from the U.S. financial crisis, it could not be restored to its former glory.
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