: Quilt

In 1997, a financial crocodile sniper war led by Soros caused a full-scale financial crisis in East Asia.
And Kobe took this opportunity to play a big deal.
On June 30, 1984, the Thai government began a fixed exchange rate policy to a basket of currencies, in which the US dollar weighed as much as 80%. Under such a system, the exchange rate of the Thai baht against the US dollar is basically stable, maintaining a long-term level of 24.5-26.5.
From 1984 to 1995, as the U.S. dollar entered a depreciation cycle, the effective interest rate of the Thai baht also fell sharply, and the competitiveness of exports rose sharply. The rapid growth of exports has brought Thailand an average annual GDP growth of 8%, and another Asian miracle was born.
Because the U.S. dollar entered a cycle of interest rate cuts and devaluation, it was obviously more cost-effective to use U.S. dollars to raise funds. Thais think so too, so they choose to borrow a lot of dollars to finance.
Since 1995, things have changed. The foreign exchange market has gradually reversed. The US dollar has entered the interest rate hike cycle and has begun to strengthen. The effective interest rate of the Thai baht has also continued to strengthen, which has severely weakened Thailand's export competitiveness. The decline in exports has rapidly expanded Thailand’s trade deficit. In order to adjust the trade deficit and achieve balance of payments, the Thais chose to havetily liberalized the capital market and used high interest rates to attract foreign capital inflows.
At the beginning of 1997, Thailand's foreign exchange reserves were about 35 billion U.S. dollars. Thailand’s financial bubble is already very big, and the wind is full of blood, and the time to burst is almost here.
What is Soros' operation? First exchange US dollars for Thai baht, and at the same time borrow a large amount of Thai baht from the Bank of Thailand. After that, a large number of tens of billions of baht were thrown out in Thailand's foreign exchange market to buy back US dollars. First, he bought in secretly, and when he reached a critical point, he would use the power of public opinion to shout loudly. Other international speculators will follow suit when they smell blood.
In fact, where the foreign exchange reserves of the Bank of Thailand can hold, the foreign exchange reserves were exhausted in less than a week. Naturally, the only choice was to decouple the fixed exchange rate and start floating exchange rates. The Thai baht depreciated significantly.
Before the exchange rate of the Thai baht to the US dollar was 10:1, Soros asked the Bank of Thailand to borrow 10 billion baht to start selling. In order to maintain a fixed exchange rate, the Bank of Thailand needs to buy the 10 billion sold baht, and Soros’s 10 billion. The Thai baht was exchanged for 1 billion U.S. dollars through the Bank of Thailand. Later, the Bank of Thailand ran out of dollars and the exchange rate became 100:1. Now Soros only needs to exchange 100 million US dollars for 1 billion baht to return to the Bank of Thailand, and he makes the rest. Of course, the operation is far more complicated than these descriptions, and the scale is much larger.
In late 1997, this financial turmoil reached its climax.
Not only Thailand, the financial turmoil swept Asia, Soros even carried out a series of operations in Hong Kong. I won’t say much about the reason for the crab.
After Kobe invested in Mamba Sports, there are still 13 million US dollars in liquidity on hand.
Take out 10 million to participate in this attack by the international financial predators.
. . .
The transaction is in full swing, and the NBA Summer League is also being launched.
Las Vegas, the Spurs play against the Celtics in the summer league.
"Duncan's debut!?"
"The debut of Bill Russell and Olajuwon, the Lord of the Rings! Looking forward to it!"
"I heard that Duncan will possibly subvert Kobe's achievements and become the strongest rookie in history!"
"Impossible! Kobe, except for the championship MVP and other honors, got everything."
"Nothing is impossible, Victor Flying White Devil will rule the NBA!"
Auerbach made a rare appearance in the summer league.
The only man who dared to swallow clouds in the arena with a cigar, folded his arms.
Looking forward to Duncan's debut?
Auerbach admitted that Duncan is the kind of player destined to become a legendary superstar. He put Duncan in the same position as Russell.
But the current alliance is different from the era of the Lord of the Rings!
Super insiders are still great, but the impact on the game is no longer as strong as the past.
It can be seen from the four major centers that only Olajuwon has won the championship so far. Although the end of the center has not yet come, it is not far away.
The future is Van Horn, McGrady, Walker these strikers!
Auerbach looked at Van Horn and McGrady on the sidelines as if he had looked at Bird at the time. There is a trace of sternness in the appreciation of loving kindness.
Their ceiling is by no means lower than Duncan!
McGrady is eager for his hands. He can't wait to complete a windmill dunk on Duncan, who is known as the strongest rookie this year, just like he did to Felton!
Since signing the Celtics! McGrady and Van Horne are training every day except for training!
Auerbach regarded McGrady and Van Horn as his closed disciples to train. The cardinal found that McGrady, in particular, seemed to have unfinished potential in his body. The greater the pressure, the more McGrady could gain!
Coupled with the Celtics' excellent team doctor and sparring care, the injury risk of the two players has also been stifled.
McGrady is suffocated! And now is undoubtedly time for him to vent!
Duncan slowly walked out of the player channel, calm and experienced.
Popovich originally considered not allowing Duncan to play in the summer league, UU reading www. uukanshu. com But the cheers from the fans and the media are too enthusiastic. Coupled with the small city of San Antonio, the team urgently needs to increase revenue.
The appearance of Duncan will undoubtedly greatly increase the commercial value of the team.
In the end, it was decided to let Duncan fight.
At the beginning of the game, McGrady was placed at the position of shooting guard, Van Horne small forward.
Although a shooting guard, McGrady took the ball directly from his teammates!
The height of the small forward!
The position of the shooting guard!
How the point guard plays!
This is Auerbach's positioning for McGrady! Almighty front guard swing man! From No. 1 to No. 3, all are competent!
At first Auerbach just wanted to try McGrady and Van Horn, what responsibilities can be done.
And McGrady surprised the Cardinal in every aspect of his performance! From offensive and defensive to organizing and connecting, they are talented with both eyes!
On the contrary, Van Horn showed a lot less aura than Tracy McGrady. Although he was named No. 3 pick Bird II, Van Horn’s more prominent talent was only shooting. The organization series can only be said to be improvised, and the defense is very bad.
That being the case, Auerbach simply took McGrady as Kobe to train!
Do everything!
The results made Auerbach very satisfied, and McGrady's progress in all aspects was amazing!
At the beginning of the game, McGrady assisted Van Horn to complete the shot.
Duncan is slow, without the taste of a star.
I played team basketball and acted as a wall and high-level support point for teammates.
McGrady and Van Horne overwhelmed Duncan!
When McGrady saw this, he sprinted to the basket!
Leap high!
Separation!
He wants to buckle Duncan!
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