How Soros attacked Britain and Thailand but failed in Hong KongWord下载.docx
《How Soros attacked Britain and Thailand but failed in Hong KongWord下载.docx》由会员分享,可在线阅读,更多相关《How Soros attacked Britain and Thailand but failed in Hong KongWord下载.docx(22页珍藏版)》请在冰豆网上搜索。
啦啦啦大炮张,Cathy
Helloeveryone,welcomebacktoNecromancerFinancial.Beforewegetstartedonthevideo,Iwouldliketomentionthreepoints.
Firstofall,thecapitalwarsdiscussedinthisvideotookplaceinmultiplemarkets;
includingFX,futures,equities,andevenrealestate.Theyhappenedindifferentcountriesatdifferenttimeswhilestillbeinglinkedtooneanother.Besides,eachcasebecamemoreandmoresophisticatedasitdeveloped.So,thisvideoisgoingtobemore“hardcore”thanthevideoIdidonPorschewithtwicethelength.However,Iwouldtrymybesttomakeitentertainingwhilekeepingittothepointsoyoucouldhaveamovie-likeexperience.Ialsorecommendyoufinishwatchingthevideoinonego.
Secondly,Iwasabletoconsultmyacquaintancesandaskthemforsomeinformationwhilepreparingformypreviousvideos.ButthesecapitalwarshappenedbeforeweenteredintothefinancialindustrysoIcouldn’tdothesame.Failingtogetfirst-handinformation,Ihadtodigupalotofthedetailsbymyself.Asyouareaware,theChinesemediadescribedtheresultofSoros'
attackonHongKongasagreattriumphforHongKong.Westernmedia,ontheotherhand,saidquitetheopposite.BothmediaintheWestandEastarebiased—neitheroneisobjective.Asaresult,Ineededtoobtainathird-partysourcetosupportmyfindings.Despitenews,marketdata,interviewsandtransactionannouncementsfromexchanges,myreferencesalsoinclude“OpenSociety:
ReformingGlobalCapitalism”,“TheAlchemyofFinance”,“GeorgeSorosonGlobalization”byGeorgeSoros,AndrewSheng’s“FromAsiantoGlobalFinancialCrisis”,datafromthe“savingfunds”ofHongKonggovernment;
datafromQuantumFundofSoros,papersfromChinaFinance40Forum“TheCrisisofGlobalCapitalism”andZhuRongjiSpeechRecord.Iamnotlistingthesesourcesasbookrecommendations.Ijustwantedtomakethepointthat:
myversionshallprevail.
Thirdly,Iunderstandsomeinstitutionsandschoolshavebeenusingmypreviousvideosasteachingmaterialsinclasses.Iseethisasabigendorsement,andIamverygrateful.So,Iwillputthefull-textversionofthisvideoonmyWeChatofficialaccountforeducationalpurposes,hopefully,tomakeiteasiertoaccessformorestudentsandteachers.Althoughthiswouldputmycopyrightsinanunprotectedstate,thebenefitofdoingsooutweighsmyconcerns.
Now,let’sgetdowntobusiness.Ishouldstartbyintroducingthefamousman,theprimemoverofthesewars—GeorgeSoros.KnowingheisJewish;
youprobablyalreadyhavesomeprejudiceagainsthim.ButSorosdidnotcomefromarichfamily-hewasnobodywhenhegrewup.Havingsaidthat,healwayshadahigh-profileandlivedanadventurouslife.So,itisnotsurprisingthathissuccessstorieswerefullofspeculationsandlargebets.
EventhoughwerefertoSorosastheonewhoslaughteredSoutheastAsiaandattackedHongKongstockmarkets,itwastheinternationalhotmoney(fluidcapitals)inglobalmarketsthatmadethecrisishappen.Sorosonlyrepresentedasmallpartofit.
Thereasonwhywe“blame”allofthisonhimisthatheenjoyedmediaattention.Soroswasgivingspeechesandbeinginterviewedfrequently,whichmadehimquitewellknown.
Tounderstandwhyhisnamebecamesuchahorrifyingwordinthefinancialworld,we’dhavetolookatwhathedidbeforeattackingHongKong.Let’salsostudythedistinctivetacticsthatthegroupofinternationalhotmoneyledbySorosused.
TimewentbacktotheturbulentperiodafterWW2.Thelandscapeoftheworldwasreformedbyagreatmanwhosatinawheelchair—FranklinD.Roosevelt.Theonceglorious“empireonwhichthesunneversets”oftheBritishwentthroughamassivechangeofhegemony.FranceandEnglandwereweakenedwhenGermanywasdivided.ThepoliticalstatusofEuropefellsharply.EuropeancountriesbecamethefirstonestosufferfromtheColdWarinthe'
50s.
Facingthosedifficulties,countriesfromEuropedecidedtoformanallianceaimingtogetridoftherestrictionfromtheUS.Theywantedtobuildatrans-nationaluniontodecentralizethesovereigntyofdifferentcountriesandalleviatethelonghistoricalconflictsamongEuropeancountries.Theunionemphasizedoneconomiccooperationandfocusedondevelopment.In1967,theEuropeanCommunity(today’sEU)wasformed.
BeforetheimplementationofasinglecurrencyintheEU,thatwas,beforeEuroexisted,EuropeancountriesestablishedERM—theEuropeanExchangeRateMechanism.Itwasalinkthatlockeddifferentcurrenciestogether.ERMwastheweakpointofEngland’sfinancialmarketandthisweaknessquicklyattractedtheattentionofinternationalhotmoney.Basedontheagreements,anyEuropeancountryintheERMalliancemustlinktheircurrencytotheGermanMark