This is how the Thai stock market is. It is not because it is based on the proper trajectory. It did not cause a decline until the Soros attack in 1998. It was actually a little earlier, and it had already shown a decline in 1993, which was earlier in 1995.

The internal code name "Prophet" can be translated as a prophet or a prophet. This system can realize real-time observation of every land, every crop, and every animal in Shennong South Grain, and explore and accumulate technology for unmanned agriculture that can only be realized after a long time.

Faced with the ever-expanding current account deficit, the Thai government has to accelerate the pace of opening up the capital market and attract large inflows of foreign capital through various preferential policies, including foreign exchange liberalization policies and high interest rate policies.

"Follow for two days and collect information."

In my dream, all this is beautiful, but if you want to realize it, you have to take it step by step.

The house and the land have already taken action, and keeping information will only make it easier for others to pull their braids.

In the EM business district, there is a place called "Phrom Phong", which is transliterated as "Pengpeng". It has an nickname called "Bangkok Little Japan". According to the abbreviation of the people in Beijing, it can also be called "Man Xiao".

From 1991 to 1995, Thailand's average annual export growth rate was 18.17%. At present, there has been a trend of sharp decline.

From the perspective of wealth effect, in typical countries, the market value of real estate is generally 2-3 times the annual GDP, and is 50% of the total variable price wealth. This is far from comparable to other asset markets such as stock markets, bond markets, commodity markets, and collectibles markets.

Things beyond the world are beyond the world. As long as customers outside the world are included in the out-of-the-world supply system, they don’t have to worry about the safety of the food outside. I sit coldly and watch Sudan turn red and cyanamine triads, and I feel at ease.

Jakapan, the head of Creative Real Estate in Thailand, was a little irritated. He had originally implemented the strategy of not making the last coin, but who knew that the ghosts and animals in Europe and the United States were also escaping so quickly. Now many companies are scrambling for sale channels, but they refuse to let go if they catch a customer.

At the same time, the economies of Thailand, Malaysia, Indonesia, Lijiapo and other countries achieved rapid growth of about 10% during this period, attracting a large amount of international capital to flow into South Asia, and the scale of foreign debt increased significantly.

The earliest real estate bubble in human history occurred in Florida, USA in 1926. This statement is correct and wrong. This is because the concepts of bubble economy and real estate bubble appeared very late. When they appeared and traced back to history, they found that they could only trace back to Florida's real estate bubble this time, and there was no data support before.

At the same time, the RMB has depreciated sharply, and China has shown strong competitiveness in attracting foreign investment and increasing exports, and the world's manufacturing production bases are being transferred to China.

"President, the payment email has been sent. I just received an email from the Lizardman. They want to ask us to scan the goods from Dusit Bangkok in the secondary market."

The debt maturity of these regions is seriously mismatched, and a large number of medium- and short-term foreign debts have entered the real estate investment field. Real estate speculation is prevalent in Thailand and other countries, and asset bubbles are constantly expanding.

In Berlin, Germany, Heinz, the president of Gaojue Satellite, came to a company called "ART+COM". When he entered the office, he came to a thin man with curly hair, glasses, and was wearing thin glasses.

The profit is really small, with a principal of tens of millions of baht, and the profit in a transaction may be only tens of thousands or hundreds of thousands, or even negative. When there is no market trend in the stock market, it is just a little bit of profit.

Hearing Heinz's words, Joachim Sort stood up excitedly, "Mr. Heinz, are you for TerraVision?"

Under this framework, the Bank of Thailand issued BIBF business licenses to the Thai branches of 15 Thai commercial banks and 35 foreign commercial banks. All approved commercial banks can absorb deposits and borrow money from abroad, and then borrow in foreign currencies in Thailand OUT-IN and foreign OUT-OUT.

"Gaojue satellite, Heinz."

The average interest rate for deposits and loans in Thai baht reached 15%, the highest level in Asia at that time and twice the international average.

Nan Yi is not sure if the company in the news is the ART+COM, but at least before that, he has not heard anyone put forward this concept in public channels.

After sending an email, Zhao Shixian's secretary Xie Yuying came to Zhao Shixian to report.

Regardless of whether this sentence makes sense or not, whether there are theoretical loopholes, at least human beings have never learned the lessons of the real estate bubble, and there have been ten crises and nine real estate, and bubble events are constantly repeating.

Nan Yi didn't know that Heinz had come to the door at this moment. He was holding a warm towel and sticking his dirty butt to carry out the aftermath for Nan Ruoqi who had just given him a shot.

In fact, even without the reversal of the US dollar exchange rate, long-term implementation of the peg system will weaken the export competitiveness of enterprises. That is to say, the peg system blocks exchange rate risks, and artificially undervalues ​​of the local currency, causing foreign trade companies to form low-price dependence and lose competitive incentives.

Because the nailing system blocked exchange rate risks, a large amount of speculative capital inflows were caused. In 1989, the outflow and inflow of foreign private capital to Thailand were about 100 billion baht, respectively, and in 1994, it reached about 1500 billion baht, an increase of more than 10 times in four years.

Since the beginning of this year, non-resident Thai baht deposits, short-term US dollar borrowing through BIBF's corporate enterprises, and foreign investment in the stock market have increased dramatically.

Under normal circumstances, when a country's current account deficit occurs, the foreign exchange market will automatically adjust the exchange rate level to depreciate the local currency, thereby reducing the export cost of domestic goods, increasing exports, and achieving balance of payments.

Nan Yi went to the bathroom to wash his hands. After returning, he pinched Nan Ruoqi's little hand and kissed him to his mouth. After gnawing enough, he picked up a group of rattles from the ringing rings for a while and picked out a multi-color combination rattle that Nan Ruoqi had never played before. When she shook it happily, he then freed up his hand to turn on the portable TV next to him.

In June 1984, Thailand began to implement an exchange rate system that nailed the "basket of currencies". The currencies and weights in the basket were: 80% to 82%, 11% to 13% of the yen, and 6% to 8% of the West Demark.

After World War II, Southeast Asian countries and regions such as Japan, South Korea, Taiwan, Indonesia, Malaysia, and Thailand achieved continuous rapid growth, and was once called the "Asian miracle".

"Lizardman?" Zhao Shixian said suspiciously: "Which company is this?"

The second half is to develop mid-range customers, with the population base there. In a few years, there will definitely be no small number of people who are subjective and have the conditions to pay attention to healthy diet. If you cannot hide it in the depths of the clouds with SGF in Europe and the United States, you will have to sink and connect with the earthly atmosphere of the demographic dividend.

It should be said that the reason why many of the Nan family's industries are divided into two parts: China and China Foreign countries is that Nanyi has marketing considerations. The effective model in China may not be effective in China, and it must be adjusted in strategy to meet the characteristics of China's demographic dividend market.

When Nan Yi was entertaining Emma, ​​he mainly talked about official affairs and did not dare to talk about personal affairs. He just cared about Ding Yiku's arrangements for studying the school later. Emma's idea was to take Ding Yiku to Yangcheng and find a school there to enroll.

The morning after Emma left, Nan Yi received a call from Sophie Marso, who came from Hollywood, saying that she was investing in Titanic and officially launched a celebration.
Chapter completed!