Chapter 1103 The Collapse of the Economy(2/2)
Jiajun, except Lotte, the other four companies move around more."
"Abba, why was Lotte excluded?" Nan Jiajun asked.
Nan Yi frowned and said: "Lotte developed from Japan. I personally don't like it. It's impossible to be friends with every family. I exclude one family based on my personal preference. Is there any problem?"
"No."
"Very good." Nan Yi pointed to Bian Shangmei, "Shangmei, you don't have to follow me for the next two days. Make me an economic forecast report for South Korea for the next two years. We will continue the discussion the day after tomorrow. Do it carefully and report
The book will affect your assessment and therefore your equity number."
"Yes, Abba, I will do it with my heart."
"Have a meal."
After dinner, Nan Yi sat in the garden of the villa and read the newspaper.
There was no wind today, and we lit a bonfire again. Although it was covered with spring snow, it was not cold at all.
On the second floor, Nan Jiajun and Bian Shangmei stood on the balcony, looking down at Nan Yi in the garden.
"President, how come dad always has so many bodyguards around him?"
"My father said that he is as timid as a mouse and doesn't like to take risks. He always pays attention to his own safety. The same is true for us. Whenever he goes out to work, he will be equipped with a team of bodyguards."
"I found that my father's health is very good. He doesn't need to rest from morning till night."
"The body is the capital of revolution. This is what my father often said. No matter what you do, you need a good body, even if you are a swinger. At home (Qidian Orphanage) we have always received fighting and shooting training.
I also often do cross-country long-distance running. In my father’s words, you must have the ability to escape when encountering danger.”
Nan Jiajun said, smiling knowingly, recalling the beginning.
"Why not resist?"
"Why resist? A gentleman does not stand under a dangerous wall to escape danger. There are many ways to retaliate afterwards. The courage of an ordinary man cannot be done. As long as there is a glimmer of hope, he will kneel down and ask for life. As long as he lives, everything is possible."
Nan Jiajun raised his leg to touch the red wine bottle placed on the balcony railing. The bottle did not move at all, but the mouth of the bottle was kicked away by him, and a silver light flashed on the toe of his shoe.
"I……"
Before Nan Jiajun could say anything, Nan Yi in the garden had already raised his head and yelled, "Ah, Xiba, you little bastard, get out of here, you hit me."
"Abba, it's not me, it's Shangmei."
"..."
As the sun sets in the west, arbitrageurs are at the end of the world.
Near dusk, on the streets of Bangkok, a balding middle-aged white man was browsing the bustling scene accompanied by two Thai government security guards.
This middle-aged white man is called Arminio Fraga, and his resume is very simple. In 1981, he received a bachelor's and master's degree in economics from the Catholic University of Rio de Janeiro; in 1985, he received a doctorate in economics from Princeton University; in his early career
During his career, he worked at Salomon Brothers and Garantia Investment Bank.
Fraga has taught at the Pontifical Catholic University of Rio de Janeiro, the Graduate School of Economics at the Getugars Foundation, the School of International Affairs at Columbia University, and the Wharton School; he is a member of the Group of Thirty and the Council on Foreign Relations,
And serves as a director of several non-governmental organizations.
From 1991 to 1992, he served as the Director of the International Affairs Department of the Central Bank of Brazil. Since 1993, he moved to Soros Fund Management Company in New York as the Managing Director (Soros has more than one Quantum Fund).
If you look at it from God's perspective, he will still be the governor of the Brazilian Central Bank in two years.
No matter what you say, Fraga is definitely a well-known economist internationally, and the reason why he appears in Bangkok is naturally related to his current status.
Based on his international status, the Bank of Thailand sent a deputy governor to receive him during his visit, and the two sides also had a potentially frank conversation.
During the conversation, Fraga bluntly pointed out that there are various problems in Thailand's economy. On the one hand, if the government is determined to protect the currency exchange rate, it must maintain higher interest rates to attract sufficient funds.
On the other hand, because Thailand has a large deficit in its international trade account and the instability of the banking system, currency depreciation and lower interest rates are more attractive. Therefore, Thailand must balance between the two.
Have a good balance, otherwise you will fall into a more dangerous situation.
Perhaps it was Fraga's scholarly demeanor that made the vice president who received him relax his vigilance. Facing Fraga, he completely forgot that Fraga was an economist working for Wall Street's top predatory institution. The vice president frankly admitted
Thailand has accepted any interest rate that is proven to keep its exchange rate within a specified range, but due to big troubles in the banking system, the government is giving more priority to interest rates.
The seemingly irrelevant words brought a lot of information to Fraga, the most important of which was that "the Thai baht is going to depreciate." He saw an opportunity to short the Thai baht, like a building full of US dollars, with already on the wall.
Through the cracks, green U.S. dollars were constantly leaking out from the gaps. As long as he raised his hand, the U.S. dollars would continue to flow into his pocket.
Pretending that he had not heard clearly, Fraga confirmed again. Out of courtesy, the vice president who was not aware that he had leaked the secret repeated it again.
Fraga instantly understood that Thailand was powerless to control the current exchange rate policy. No matter how many official statements were made to ensure the stability of the exchange rate policy in the future, it would not be able to prevent the fact that the Thai baht was about to depreciate. It was just a matter of time.
The reason why the Thai baht cannot actively choose to depreciate is that, in addition to stably attracting foreign investment, there is also political pressure from other countries and regions in Southeast Asia. The so-called four Asian tigers are all pursuing the path of export-oriented economy.
This model mainly relies on the inflow of foreign funds and technology, and maintaining the stability of the currency value has become inevitable under the current circumstances. No capital will be willing to invest long-term in a country with an unstable currency value, and they do not want to accept losses on the exchange rate.
This is also the reason why after the one-time devaluation of the RMB was announced in 1994, it worked hard to maintain the value of the currency. The country needs to attract foreign investment, and naturally it must protect the exchange rate interests of foreign investors.
Thailand established a fixed exchange rate, and foreign capital and technology followed suit. Then the economy took off. During this process, the exchange rate system must not be changed easily. It must not only continue to attract foreign investment, but also consider the pressure from neighboring countries.
As we all know, once a country's currency declares devaluation, that country's goods will become more competitive in the international market. However, in Southeast Asia, almost all countries use exports as a driving force for domestic economic development, and Thailand, which has the largest market share, needs to maintain
The integrity of the exchange rate system means that once it announces its devaluation, other countries will follow suit and choose to depreciate their currencies and start an export price war for their own reasons.
By then, the economic situation in Southeast Asia will fall into chaos. Therefore, for regional economic considerations, Thailand, as a regional power, has the obligation to maintain its exchange rate stability. This is why when the Thai baht faces attacks, other Southeast Asian countries will stretch
The reason for the helping hand.
Fraga stood at the crossroads, looking at the busy crowds of people walking around, feeling unbearable. Compared to the profit-seeking vultures on Wall Street, Fraga still had the aura of a scholar and a sense of compassion.
Of course, there are contradictions and limitations in Fraga's compassion. Just like some marine animal protection organizations will help whales and sea turtles remove barnacles from their bodies at sea, and some people will help small animals remove horsefly larvae and fleas from their bodies.
Wait, goodwill is always point-to-point, not point-to-point. The basis for establishing moral standards is purely based on the preferences of the powerful. After eating a medium-rare steak and talking about animal protection, it is also a sign of great kindness.
People have always been contradictory, limited, and hypocritical. After Fraga felt compassion for others for a moment, his mood was made happy by the green dollars he was about to get.
…
It was another early morning. Nan Yi went to the largest agricultural product wholesale market in Seoul, "Coladong". After spending half a day to learn about the wholesale prices and business conditions of agricultural products in Seoul, he found a nearby barbecue restaurant to fill his stomach and went to duck.
NW Entertainment in Guuting.
The president of NW Entertainment is Baek Kyu-ha. He has received notification from Byun Sang-mi. When Nam-yi arrived, he was waiting outside the company's gate.
After greetings, Nan Yi came to the conference room to read the information.
The original intention of NW Entertainment was the same as that of Wangbei Film and Television. It was not for film and television itself. NW Entertainment was established earlier. The original purpose was to promote plastic surgery stars. Now there are two actresses in the company, Kim Yoon-e and Song Ji-yeon, who have undergone major surgeries.
, almost everything has been moved from head to toe, which is no different from a makeover.
According to the data, Song Ji-yeon has developed quite well and has achieved the original intention, while Kim Run-a's performance has been mediocre and has shown signs of investment failure.
Nan Yi spelled out Jin Run'e's name "". The direct transliteration can be called Jin Runya or Jin Yuner. He wrote the two names in Chinese in the relevant positions of the information, and wrote a line of notes on the side: change the stage name,
Use the roles of one girl and two girls to support, and if there is no improvement, give up.
For Song Ji-yeon and Kim Yoon-ah, NW Entertainment cannot be said to support them at any cost, at least they are very considerate, and they are definitely worthy of them. If they really can't support them, they have no choice but to choose another candidate.
After looking at plastic surgery artists, Nanyi looked at the information of other female artists. Yoon Jung-hee, Shim Hye-jin, Kim Hye-soo, Jeon Do-yeon, and Choi Jin-sil, four of them were already emerging, Ha Ji-won, Bae Doona, Kim Ha-neul, and Lee Eun-joo, three of whom were signed from school.
of.
Looking at the familiar names, Nan Yi couldn't help but praise Baek Kyu Ha's good taste. After praising her, Nan Yi stared at Jin Huixiu's photo for a while. Unlike others, she was the first artist signed by NW Entertainment.
, and was also hand-picked by Nan Yi. She is a South Korean female artist that he prefers, or to be more precise, a woman.
Looking through the contracts of several female artists, we can find that Jin Huixiu's contract conditions are much better than those of the others. Nan Jiajun is interested. Although Nan Yi has clearly said that he has no interest in Jin Huixiu, he still treats her differently.
Treat each other.
After reading the information, Nan Yi called Bai Guixia to him and told him: "Since you have signed a contract with the company, you must treat them well. Artists are artists, and they only need to do things within the scope of the artist's responsibilities. Other than that,
Don't force them to do anything beyond their obligations, NW Entertainment is not Cheongryangri."
Bai Guixia said with a troubled expression: "Mr. Nan, artists usually have to socialize. We cannot offend the TV station's PD, director, and screenwriter."
Nan Yi naturally understands that one must abide by the rules of one's profession. Being strong does not mean you can do whatever you want. There is no strong force in the film and television industry that can overwhelm everyone else. Whether it is the formation of explicit rules or unspoken rules, there is naturally a group of fans with vested interests.
Maintaining it.
The film and television industry cannot bear Nan Yi's expectations. He has no interest in changing the rules. As long as he makes full use of the rules and puts himself in the camp of vested interests, it is enough.
South Korea's entertainment industry can be said to have learned from the masters. They have accepted the good and the bad, and are better than others in the bad aspects. Trainee escorts, slave contracts, black money invasion, and pimping are already explicit rules. The only difference is South Korea.
Yi's favorite item is "plastic surgery before debut", which can be considered as one of the five deadly sins.
"I know that you have to participate in normal social activities, and you have to fawn over those who need to be fawned over. If you don't want to eat and drink with someone, don't do it as an artist. What I mean is that if you want to sleep with someone or make other excessive demands, don't force the artist to do it.
If they do it voluntarily, there is no need to stop them, just tell them that they will be responsible for all losses caused to the company; if it is involuntary and there is no big benefit, I don’t want to see this happen, okay?"
"Understood." Bai Guixia bowed.
Nan Yi sorted out the information on the table and asked: "Is Jin Huixiu working?"
"She hasn't had a job lately."
"She has a new job, let her be my playmate."
Bai Guixia's stomach was full of knots. The Mr. Nan in front of him was also a duplicitous person. He had just said that there was no need to force him, and now he was... a scumbag.
"Ah, by the way, tell her there's a reward."
Chapter completed!