However, from a financial perspective, shorting one's own country is an unforgivable crime. You should know that a large outflow of capital means factory closures, decreased consumption, mass unemployment, and soaring inflation. These problems are enough to destroy a country.
Maha agreed so readily because Lu Feng told him that it was because of the pegged exchange rate, and they felt they were not losing money. For example, if it was 10 baht to 1 US dollar now, and the next day it became 20 baht to 1 US dollar, then they would lose 50%.
Lu Feng extended the concept of being trapped in stocks to currency, creating confusion and leading Maha to believe that as long as the Thai baht was devalued as a last resort, the fleeing funds would wait for the baht to appreciate before exchanging it for foreign currency. Little did he know that rapid devaluation would only accelerate capital outflow and create an even greater bank run.
"I also have a small matter of my own to discuss with you this time. This year, our company is preparing to develop high-end manufacturing, but we have been lacking a lithography machine. I heard recently that a company in the Czech Republic was going to sell one, which finally solved our urgent problem. But a new problem has arisen: shipping it back is a hassle," Lu Feng said to Maha.
"Is shipping it back a hassle?" Maha asked, quite puzzled. "Don't you even have shipping companies in your country?"
"Of course there are, but it's very difficult. I've offended quite a few people on Wall Street, and these forces are using all sorts of reasons to obstruct me. I'd rather have a more stable life, since I'm a private company without any official backing." Seeing that he didn't know about the Wassenaar Arrangement, Lu Feng simply stopped talking about it.
He just said that he didn't get along with Wall Street and was being sabotaged in various ways. He was just trying to keep things stable and hoped that Maha would help him out, preferably by placing his goods together with his.
Maha immediately said no problem, and the two of them raised their glasses and drank it all in one gulp. The dancing on the spot became even more sizzling, and the scene was somewhat inconvenient to describe.
After a few rounds of drinks and having talked about everything they needed to, Maha could tell that Lu Feng was still a bit reserved. Not wanting to spoil the fun, she suggested they have lunch together the next day and didn't try to keep him any longer.
It was already past 1 a.m. when they went downstairs. The place was brightly lit, and the open-air gathering place was a mess, with all kinds of clothes scattered everywhere. The sounds of debauchery could be heard drifting from afar. Lu Feng listened to the sounds that seemed to come from near and far, unable to tell whether they were in pain or excitement.
Lu Feng had always felt that he was neither a good person nor a bad person in that respect, but everything here made him feel that he was a very good person.
That's just how the world is; everything is afraid of comparison.
The car had already stopped in front of him, but before Lu Feng could even get in, a man ran out, yelling strangely. He was completely naked. Lu Feng stared wide-eyed at the absurd scene before him, utterly stunned.
Several servants chased after him until they were out of sight before getting into the car. The driver sensed that Lu Feng had never seen such a scene before, and said with a smile in English, "No need to make a fuss, it's just a bit of fun."
As the car drove out of the manor, Lu Feng leaned back in his seat and suddenly remembered a joke: a rich man pretends to be poor, changing his car to an Audi and his house to a villa. He thinks that no matter how poor a person is, that's all there is to it. But the poor man thinks that no matter how rich a person is, that's all there is to it.
Now they tell him that what the poor think of as the rich is that they have no worries about food and drink and can buy whatever they want, but the rich have long since moved beyond the stage of eating, drinking and shopping. What they want is freedom, just like this manor, absolute freedom.
Back at the hotel, Lu Feng was slightly tipsy and went straight to sleep without even washing up. When he opened his eyes, it was already 11 a.m. He suddenly remembered that he had a lunch meeting, so he hurriedly got up to wash up. He was only halfway through when Maha's people called to say that it had been postponed to the evening.
At 3 p.m., Maha woke up and called the three people from the finance department over. He explained Lu Feng's idea to them, saying that he thought the method was feasible and that he felt it was his duty to do his part for the country.
The three finance officials looked at each other, not daring to speak. They secretly wondered where Prince Maha had found such a brilliant strategist. Anyone with a basic understanding of economics would not have said such a thing.
"This matter still needs to be demonstrated. The current economy is complex due to its multi-layered and structural nature. Different signals should be released for different issues."
“The country belongs to you, and it belongs to me too. My dad always says I don’t do anything productive, but now it’s my turn to show my skills. I’m inviting that friend to dinner tonight, and you can talk to him.” Maha didn’t want to hear any more from them, so he just gave the order and left.
After Maha left, the three men looked uncertain. One of the middle-aged men said, "What should we do? This is completely against the laws of economics."
"Hmph, I've figured it out," an older man said in a deep voice. "Economics and Thailand can only survive one of them."
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