Reborn in America, I'm serious about making money.

Chapter 168 I'm Actually a Good Person

You know what a Ponzi scheme is, right?

Zhou Xuezha shook his head, "I don't know."

Damn it, I'm not a teacher, why would I talk to you about this? But to satisfy the beautiful girl's thirst for knowledge, I continued talking anyway, since I didn't have much to do today and had plenty of free time.

"A Ponzi scheme, also known as 'robbing Peter to pay Paul' or 'getting something for nothing,' is simply using money from new investors to pay interest and short-term returns to older investors, creating the illusion of making money and thus attracting more investment. Many illegal pyramid schemes use this tactic to amass wealth."

"To put it simply, you're after their interest, but they want your principal."

"Is this quick?"

"If you think about it carefully, you'll realize that everything can be a Ponzi scheme."

Zhou Huimin immediately understood what Zhang San was saying, and then asked, "How do you know all this?"

"Because I'm a good person!" Zhang San said smugly. "What's a good person? Someone who knows all the bad things but doesn't do them—that's a good person."

"So how did you accumulate so much wealth?"

"What wealth do I have? It's all created by my own hands. It took me several years to accumulate this wealth."

After Zhang San finished speaking, he suddenly looked downcast; Zhou Huimin originally wanted to mock him: those who claim to be good people are also limited in number.

But seeing his state, she gave up and asked, "Stephen, what's wrong?"

"You know what? Before I became rich, it was impossible for me to have a beauty like you, especially one with all sorts of advantages."

"It's no exaggeration to say that I can stand in front of you and do whatever I want, which is something I've achieved through a lot of hard work."

Zhang San's claims are naturally reasonable and well-founded.

Zhou Huimin's ex-boyfriend was cheated out of money and couldn't afford a house, so their marriage fell through; while another actor, who had no money or power, was verbally abused by Ni Xiaogongzi in Hong Kong, ruining his career.

After saying that, Zhang San wanted to find a quiet place. He felt that his emotions had become increasingly strange ever since he started cashing out his stocks and real estate.

"Have I gotten too cocky?"

He started talking to himself, a silent accusation against his abnormal behavior; he began to reflect on what he had done recently, and it seemed that apart from cashing out, he hadn't done anything else.

Cashing out, cashing out!? Looks like they have money and are starting to get cocky.

However, who wouldn't be confused by a sudden increase of two or three hundred billion US dollars? Anyway, after his loss of composure just now, Zhang San realized that he had gotten carried away and would correct himself now.

Zhang San decided to calm himself down. He realized that wealth wasn't everything in life; it might bring temporary pleasure, but having money all the time meant lasting happiness. He wasn't going to become pretentious just because he had money. He was going to spend it wisely and slowly.

That evening, Zhang San decided to give that academically challenged student a good talking-to, otherwise, just having a pretty face would make him easy to fool.

Sure enough, that very night, Zhang San exerted a great deal of effort to help the other party improve their knowledge. The other party stated that the teaching quality was extremely high, and that they would follow Boss Zhang's instructions in everything, focusing on two key points to explore more mysteries underwater.

When Zhang San woke up the next day, his physical condition was not much better than Zhou Huimin's; he felt completely drained.

Upon arriving at the office, I saw several reports from Southeast Asia, indicating that other countries had not yet shown signs of attack.

But Zhang San had a feeling that a storm was brewing, and he wasn't kidding; he felt his premonition was quite accurate.

He himself feels good about himself, but others are suffering. However, Zhang San will definitely say that others' suffering has nothing to do with him, and he might say a few words about it.

He took out a document and read it carefully. The contents made him feel much better. Sure enough, he had overestimated himself.

This document contains information about Thailand. From this information, Zhang San deduced that Thailand had lifted its foreign exchange controls in 1992.

There's a reason why the Asian financial crisis started in Thailand. Since foreign exchange controls were lifted in 92, they can't blame anyone else.

In a place without foreign exchange controls, coupled with the legendary collaborators and a group of compradors, there's nothing more to say but get ready to be exploited.

Those speculative funds can not only borrow large amounts of target currency and then exchange it for US dollars; but after paying off its foreign debt, Thailand's foreign exchange reserves are almost depleted.

Another thing that excites these speculative investors even more is that Thailand has a fixed exchange rate of 25 baht to one US dollar. Since there is such a good deal, they shouldn't blame them for being ruthless.

Everything is in place. When Southeast Asia’s foreign trade and domestic economy show signs of weakness, that will be the time for them to make their move. Moreover, Zhang San is certain that there are reasons why Southeast Asia’s foreign trade is not doing well. It lacks industrial upgrading, is burdened by outdated production capacity, and lacks the technological reserves of island nations.

At the beginning of the year, a situation had already emerged in which the Thai baht plummeted against the US dollar, from 25 to over 30. Then, Thailand used its foreign exchange reserves to rescue the market, spending nearly 40 billion US dollars to pull the baht's exchange rate back up from over 30.

If everyone were Zhang San, they could deduce from back to front and exclaim, "This is a drill!" This probing immediately exposed the true nature of the Thai nation, pointing the way for short selling a few months later.

Following this incident, the Liangzai Fund, which orchestrated the short-selling, became the focus of media attention. Thailand condemned the Liangzai Fund's actions of shorting its currency and accused it of being unethical. Media coverage of the event was overwhelming, sparking widespread discussion.

Major media outlets published articles strongly condemning Liangzai Fund's actions. Some pointed out that Liangzai Fund's actions not only harmed Thailand's economic interests but also violated business ethics and market rules. This malicious short-selling behavior seriously affected market stability and fairness.

Social media is also flooded with criticism of Liangzai Fund. Netizens have left numerous comments expressing their indignation and dissatisfaction with Liangzai Fund's actions. They believe that Liangzai Fund's practices constitute unfair and malicious short-selling tactics that will destabilize the entire region.

Some experts and scholars have also expressed their views, believing that this behavior is not only unethical, but may also have a negative impact on the entire financial market.

However, these measures are completely useless and instead cast a shadow over many people's minds.

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