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The only one who can defeat Jewish capital is China!
The battle to defend Hong Kong's finances 26 years ago is enough to prove this.
In this war, Jewish capital tried in vain to short the Hong Kong stock market, and China did not hesitate to use 140 billion yuan to fight against it, and finally made Jewish capital never lose so badly.
Why, then, is Jewish capital eyeing Hong Kong, and how has China thwarted the conspiracy of Jewish capital and won the financial battle for the fortunes of the country?
Follow us and let's find out.
Evil Jewish capital
In August 1998, Hong Kong, which had only returned to the motherland for more than a year, immediately ushered in an unprecedented crisis.
And it all starts with a devilish man.
His name is Soros, and he is a financial giant from Jewish capital, and his most awesome skill is to be able to directly short a country's financial market.
Even before the attack on Hong Kong, Soros had successfully shorted the pound, crushed the British central bank, and then quickly cashed out, netting $2 billion.
The short-selling war in Mexico that followed directly caused a serious regression in the Mexican financial system.
So soon, Soros set off a monstrous wave in the global capital market, from Southeast Asia, Indonesia, to the Philippines, Myanmar, and the financial markets of many countries were shorted by him all the way.
It is no exaggeration to say that everywhere Soros goes, there is no grass, and GDP has suffered a heavy blow!
Therefore, the leaders of the victim countries all hate Soros to the core, especially Thailand, which has been plundered by Soros of one-third of its treasury wealth, which has led to the accelerated collapse of the Chavalier regime in Thailand.
According to statistics, the financial war in Southeast Asia alone has directly allowed Soros to forcibly seize tens of billions of dollars of wealth! It is no wonder that Soros has been called "the satan of the financial world" and "the maker of crises"!
The Thai Prime Minister, who is the biggest victim, has publicly denounced Soros as an "economic war criminal who sucks the blood of the people".
Because with Soros came a financial turmoil that spread throughout Asia, which plunged the whole of Asia into a heavy economic crisis, with the stock market plummeting, a large number of companies failing, and hundreds of people losing their jobs.
Hong Kong is the only one, but in the midst of this unprecedented financial turmoil, it has remained unmoved and become the last pure land, how is this done?
To put it bluntly, it is because the Chinese government is acting as a hard-line backstage to support Hong Kong.
You must know that Hong Kong has always been known as an international financial center, and it is needless to say how high the gold content is, and in addition, Hong Kong has just returned to the embrace of the motherland not long ago, and the situation is still unstable, so we are bound to be vigilant to deal with all potential threats.
Soon, Soros began to extend his claws to the fat piece of Hong Kong!
In Soros's view, even the former suzerainty of Hong Kong, Britain, has become his own defeated general, let alone China, which in his eyes has been backward and closed for a long time?
Therefore, Soros has made up his mind that a China that does not even have a complete financial system will not pay for Hong Kong's deficit at all.
So soon, Soros began to spend much more money on Hong Kong than ever before, precisely in order to be able to easily take Hong Kong and end perfectly.
However, the development of events in the end far exceeded Soros's expectations, and it turned out that he far underestimated the determination of the Chinese people to defend Hong Kong's prosperity and stability, and Soros was about to pay an extremely painful price for his miscalculation!
I saw Soros carrying a large amount of capital and cash flow, landing in Hong Kong, and then like a whale swallowing, he frantically acquired Hong Kong dollars, and in just half a year, he held a full 200 billion Hong Kong dollars!
In Soros's view, the 200 billion Hong Kong dollars are like an "atomic bomb in the stock market", as long as he ignites the fuse, he can instantly detonate the entire Hong Kong stock market, making this dazzling Oriental Pearl eclipsed in an instant!
However, what Soros didn't know was that what he thought was a flawless financial blitz was actually targeted by the China Financial Regulatory Center for a long time!
I saw that the central government quickly notified the Hong Kong government to prepare for Soros's financial war. At the same time, funds were quickly allocated to support Hong Kong.
So quietly, a gambling confrontation between the country and capital kicked off!
Hong Kong's financial defense
At this time, Hong Kong was still a prosperous scene, although it successfully managed to keep the financial turmoil out of the door, but a closer look reveals the emptiness behind the surface of Hong Kong's prosperity: a huge property bubble, high household debt, and even companies are overly reliant on borrowing.
Obviously, the prosperity of Hong Kong as a whole seems to be manifested by the overdraft of future wealth.
And these problems are naturally also seen by a group of Jewish capital speculators led by Soros.
After acquiring 200 billion Hong Kong dollars, Soros quickly started his first round of attack, that is, to sell 4 billion Hong Kong dollars in an instant!
You must know that the Hong Kong dollar and the US dollar are pegged, and the exchange rate between the Hong Kong dollar and the US dollar has been stable between 7.75-7.85.
However, after this wave of shock, the Hong Kong dollar plummeted instantly, and the Hang Seng Index fell by 2.43%, making the exchange rate of the US dollar against the Hong Kong dollar once reached the warning line!
However, the Hong Kong Monetary Authority was not a dry meal, not to mention that Hong Kong's foreign exchange reserves at that time amounted to nearly 100 billion US dollars, so the Hong Kong Monetary Authority immediately used a huge amount of US dollar foreign exchange to recover the excess Hong Kong dollars in the market, and at the same time raised interest rates, successfully resolving this first crisis.
Soros has figured out Hong Kong's hole cards now, and he can be regarded as understanding that the Hong Kong dollar is not so easy to be defeated.
So soon, Soros made a trap for Hong Kong, that is, to sell 100 billion Hong Kong dollars for three consecutive days! How did this happen?
Relying on rumors.
Soon, rumors that "the Hong Kong dollar is about to depreciate by 30%" began to spread in Hong Kong's financial market.
Because the news is really out of sight, many Hong Kong investors hurriedly sold the Hong Kong dollars in their hands and exchanged their assets for foreign currency to deal with the upcoming financial turmoil, resulting in a mess before the war began.
Therefore, the scale of this wave of impact is unprecedented, which directly makes the Hong Kong dollar exchange rate once again close to the warning line, and at the same time, Hong Kong citizens have also fallen into panic.
Yam Zhigang, then Chief Executive of the Hong Kong Monetary Authority, in order to avoid the Hong Kong dollar being shorted, while constantly buying the Hong Kong dollar sold by Soros, he also urgently raised the interbank lending rate of the Hong Kong dollar, and he had successfully used this method many times before to fight against those financial speculators.
The so-called interbank lending rate can increase the cost of international capital borrowing Hong Kong dollars, so that the risk of short Hong Kong dollars will be greatly reduced.
But in this way, although the exchange rate of the Hong Kong dollar is stable, it is at the expense of the stock market real estate, which directly makes the stock market plummet, more and more intense, once plummeting by more than a few thousand points!
As Hong Kong's largest investment bank officially declared bankruptcy and liquidation, housing prices fell by nearly 50 percent as a whole, and the entire Hong Kong dollar evaporated by 2 trillion Hong Kong dollars out of thin air, causing many villas originally worth hundreds of billions of Hong Kong dollars to fall to just over 3 million Hong Kong dollars in an instant! As a result, a large number of shareholders went bankrupt overnight! The unemployment rate is even closer to the highest level in 20 years!
In media reports, it was suddenly full of words such as "jumping off a building to commit suicide", just because many Hong Kong people could not bear the blow of borrowing money and bankrupting their families overnight, and chose to jump from high-rise buildings one after another!
In this case, the Hong Kong government, which quickly adhered to the exchange rate, saw Soros's true purpose, that is, it seemed to be attacking the Hong Kong dollar, but it was actually attacking Hong Kong's stock market futures!
However, when the Hong Kong government wanted to defend Hong Kong stocks, Soros shorted the Hong Kong dollar! Therefore, Hong Kong at that time could be said to be under the enemy's back, and it was impossible to have both fish and bear's paws.
At this point, if there is no external help, then Hong Kong is really about to be successfully harvested by Soros and become Soros's "dead soul".
But at this critical juncture of life and death, the central government has officially launched!
You must know that China, as a socialist country, has a very different way of operating its financial services from the free market in the West.
The reason why the free economy in the West is called a free economy is, to put it bluntly, because the economy is almost not controlled by the state, and the government cannot meddle in the financial market, which is why the Western economy will cause a financial storm from time to time.
However, the Chinese government can use macroeconomic regulation and control to operate the market economy within the framework of the plan! This makes our country's economy, although it may not be a country with capital, to develop rapidly, but it must be very stable!
Seeing that Hong Kong, a child who has just returned to the embrace of the motherland, is now in danger in the financial market, and the Chinese government naturally cannot see death without help, and immediately threatened to "maintain Hong Kong's prosperity and stability at all costs", and then took out two-thirds of its foreign exchange reserves to support Hong Kong in one go, so that Hong Kong suddenly has 140 billion US dollars of foreign exchange in its hands, and has the capital and confidence to confront Soros's risks!
Risk hedging
Tung Chee-hwa, then chief executive of the Hong Kong Special Administrative Region, responded forcefully: "We will not waver!"
Joseph Yam, Chief Executive of the Hong Kong Monetary Authority, also immediately invited four leading Hong Kong brokerage firms to a meeting and explained his purpose simply and straightforwardly:
"I'm going to enter the market later, you can't do it!"
When the brokerages heard this, they naturally agreed decisively, because all of them knew very well that this financial defense war was not only for Hong Kong finance, but also for the whole of China!
Soon, with the financial support of the motherland, the Hong Kong Monetary Authority led a number of brokerage giants to carry out lightning attacks on the Hong Kong stock market, buying a large number of Hong Kong stocks and strongly pushing up the stock prices of Hong Kong stocks. No matter how many stocks Soros sells, Hong Kong buys as many as he wants!
At the same time, the Hong Kong side has also set up a strict order, requiring no one to provide Soros with any shares of Hong Kong dollars, in an attempt to lock up Soros's financial supply line and cut off Soros's capital chain!
And Soros wants to hedge with a big country on his own, what are the odds?
On the other hand, Hong Kong, as long as our central government does not stop giving blood transfusions to Hong Kong for a day, Hong Kong will have the capital to continue to hedge with Soros, and the people of Hong Kong have begun to realize that they are not alone because they have the solid backing of the motherland.
However, Soros did not want to give up, immediately mobilized more funds, and continued to short Hong Kong dollar stocks at all costs! And Hong Kong was not to be outdone, no matter how much Soros sells, he will directly buy back as much as he wants!
As a result, I saw that both the enemy and the enemy burned tons and tons of stocks into the stock market every day, and the fluctuations of the Hong Kong stock market were like a roller coaster, with big ups and downs all the time, and every Hong Kong stockholder present couldn't help but pinch a cold sweat.
Under the Great Wall of Steel built by the 1.3 billion Chinese people in Hong Kong with indomitable faith, many international bears who accompanied Soros in the bloody battle have fallen into the end of ammunition and food, and can only retreat in embarrassment.
But Soros still refuses to let go, because he can't believe that he, who has never been defeated on the battlefield, will finally be planted in the hands of Hong Kong!
So soon, Soros sent a final letter of decisive battle to Hong Kong, and began to accuse China of controlling Hong Kong's finance through the media, trying to use public opinion pressure to force the mainland to stop transfusing blood for Hong Kong!
However, such a trick naturally has no other way than to make Soros more and more skilled, after all, Soros's reputation has long been notorious, comparable to Hitler in the financial world, so no one is willing to speak for him at all.
As the stock market finally opened and the Hong Kong stock market successfully recovered, Soros had to exit the market with a massive loss of $800 million, ushering in the biggest Waterloo of his life.
You must know that Soros used a full $200 billion at the beginning, but not only failed to successfully short Hong Kong, but ended up in a bloody loss, which makes people laugh out of their teeth.
And such a fiasco is a precedent that has never been seen in the history of Jewish capital.
On the other hand, Hong Kong and China, after winning the financial defense war, not only completely consolidated Hong Kong's position as the world's financial center, greatly improved China's financial status in the world, but also made Jewish capital no longer dare to covet China's financial market!
As for Soros, who harvests the wealth of other countries all over the world, in 2017, 130,000 people jointly petitioned to identify Soros as a "terrorist" and deprive him of all his property.