The Kyoto Bubble Era: It started with selling off hundreds of millions of property - Chapter 626
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Regarding his layout in Bangkok, Thailand, Kitahara Sosuke naturally did not fully inform Soros. The other party is a cunning fox and he must be guarded against him at all times. However, Kitahara Sosuke’s current problem is similar to Soros’s, both lack a capable person. Cooperation partner, so he found this old fox like this.
Soros carefully read through the plan document provided by Kobayashi Kyoko again. It is certain that the person who produced the plan document is well aware of the Thai economy and the situation of the Thai baht. Even he had to collect a lot of information for a long time to obtain it.
Looking up, the smiling and silent young man in front of him is indeed an opponent worthy of cooperation. Likewise, if he becomes his enemy in the future, he will also be a nightmare opponent.
Putting down the plan, Kitahara Sosuke was waiting for Soros’s reply.
Both of them have ambitions, the same goals, and a certain amount of liquidity, but equally, the funds on hand are not enough to complete the feat of sniping the Thai Baht alone.
Soros was extremely confused.
The more he came into contact with Kitahara Sosuke, the more he felt the terror and forbearance of this young man.
For such a person, to be honest, if there is another substitute, he really doesn’t want to join forces with Kitahara Sosuke!
However, none of his old friends looked down upon this fantasy-like idea.
“I am willing to cooperate with you, Mr. Kitahara.” Soros pondered for a long time and finally said this slowly.
Kitahara Sosuke also breathed a sigh of relief.
If Soros does not want to join forces with him, then there will be a huge vacancy in terms of funding. He does not know whether the Kitahara Consortium can collect the guaranteed funds within two or three years. If the cooperation breaks down, Soros will also become his competitor.
Fortunately, he knew this old fox very well and believed that the content in the plan was enough to convince him to join forces with him.
“Then, happy to cooperate, Mr. Soros.” Kitahara Sosuke stood up and extended his hand.
Soros stood up and shook his hand.
The two sat back down again with a smile and began to discuss the details of the Thai Baht sniper plan.
Now that the alliance consensus has been reached, Soros no longer hides it, and tells Kitahara Sosuke all his plans and worries.
His Quantum Fund is actually a huge investment group all over the world. It has a super think tank with more than 100 people. Its members come from all over the world and are the elite among the elite in the investment field.
To support this group of people every year, Soros spends nearly 100 million meters in gold, and the think tank also plays a very good role, allowing him to make a lot of money in his previous investment activities.
“The Thai baht began to implement a fixed exchange rate system against rice gold in 1984, which coincided with the depreciation period of rice gold. The Thai baht benefited greatly in the past few years. After the rice gold depreciated along with it, Thailand’s manufacturing industry took advantage. The rapid growth of exports has strongly promoted Thailand’s development.”
Kitahara Sosuke said with a smile what was not written in the plan,
“Since 1986, Thailand’s manufacturing exports have increased by 30% annually, the proportion of manufacturing exports in total exports has increased from 36% to 81%, the proportion of manufacturing exports in GDP has increased from 22% to 29%; the proportion of agricultural exports has increased from 47.7% dropped to 13.9%, and the share of agricultural output in GDP dropped from 21% to 11%.”
This means that Thailand has gradually transformed from an agricultural exporter to a manufacturing exporter. Changes in the general environment will inevitably increase Thailand’s demand for foreign investment to the extreme.
It needs outside factories, companies, and capital to settle in to continue supporting its huge manufacturing needs.
There are not enough local manufacturing companies and workers, and exported goods also need stable recipients.
However, at this time, Thailand was still pursuing a policy prohibiting excessive foreign investment.
This mismatch between demand and supply has lasted for two or three years and is about to reach its limit.
“This year, if the Thai government does not liberalize its economic strategy, then their manufacturing industry will be in a huge crisis.” Kitahara Sosuke said eloquently.
Soros deeply agreed. He also aimed at this and decided to enter the Thai business circle.
However, the biggest problem at this time is Thailand’s exclusiveness.
Not to mention the ambiguous attitude of the government, Thailand’s local consortiums, businessmen and associations are very unwelcoming to foreigners.
Especially for American investors like Soros, who has huge assets and a notorious record of misdeeds, even the local government does not trust him, let alone settling in Thailand.
In recent years, Soros’s company has tried many times to enter Thailand, but all ended in failure.
Thailand’s local social groups are very xenophobic. They will come to your company every three days to cause damage, making it impossible for your business to continue.
In response, Kitahara Sosuke smiled and shook his head.
This is not a problem.
The expansion of Puchi Investment is very rapid.
Kim Sung-wook, who is from the peninsula, and Nishiguchi Shigeo, who was famous in Japan, have long cooperated with local associations in Thailand. After the two came to Bangkok, they used the funds provided by Kithara Sosuke and the arms supported by the Friedman family. , abruptly opened a hole in Bangkok.
Money can communicate with gods, and martial arts can suppress demons.
Those who are not convinced will be beaten to death, and those who can be bribed will be beaten with money.
Whether they are the leaders of local associations or important officials in government departments, no one will refuse the temptation of money.
Kitahara Sosuke was going to throw 30 trillion yen into it, which would be enough to overthrow the Royal Bank of Thailand.
According to the land price in Bangkok at this time, 30 trillion yen is equivalent to 300 billion meters of gold, which can buy most of the land in Bangkok.
In addition, Kitahara Sosuke also has the assistance of Vladimir. With the support of Yelikin, the latter has firmly established himself as the successor in Russia and will be the feared emperor in the future!
He came forward to hold talks with the Thai royal family and high-level officials, using cooperation as the topic, guaranteeing Kitahara Sosuke’s Uchi investment, and discussed several important projects with high-level officials in Bangkok.
Puchi Investment will participate in the bidding activities for Bangkok’s urban construction plan and is the only overseas company among many bidders.
When he told Soros these things, the old fox was extremely surprised. He did not expect that the problem that had been bothering him for a long time had been solved by this young man.
“Now that Puchi Investment has entered Bangkok, what else can I do?” Soros was extremely embarrassed. It seemed that there was nothing he could do except support money.
Kithara Sosuke had already dug a hole for him, and replied with a smile: “Mr. Soros, our goal is to attack the Thai baht. Even if there are guarantees from many overseas forces, Bangkok will not allow me to enter a financial institution, and as long as If I dare to do foreign exchange, they will deport me.”
“The only thing I can do is to promote Bangkok’s manufacturing and real estate industries. But do you think, once the real estate industry rises, what will they lack most?”
“Of course it’s working capital! Whether they are real estate developers or people who purchase properties in the future, they need a lot of money, which is obviously not an amount that local financial institutions in Thailand can afford.”
Soros’s eyes lit up and he understood the core of Kitahara Sosuke’s plan.
“As long as we continue to drive up housing prices in Bangkok, we can quickly create a huge bubble in Thailand similar to the one in Japan.”
“Yes, this time, we will be the ones to burst the bubble.” Kitahara Sosuke nodded, “In addition to real estate, I have also cooperated with the Bangkok government on several tourism projects. Kitahara Services will officially enter Bangkok at the end of this month. In tourism, entertainment games, real estate and manufacturing, this bubble will be extremely huge, and Japan’s miracle will be replicated.”
“The key is that no one will really stop us. With Japan’s past experience, they definitely don’t think they will repeat the same mistakes. They will not give up such a good opportunity to make money. What an amazing strategy, Mr. Kitahara.”
Soros admired Kitahara Sosuke from the bottom of his heart.
He just wanted to get some Thai baht, but this young man actually wanted to destroy the entire economy of this country!
“At that time, when the economic and financial industries open up, it will be time for your Quantum Fund to settle in.” Kitahara Sosuke laughed.
The two looked at each other, saying nothing.