"What are you running for?" Erya quickly grabbed Lao Wang's big hand and asked, "Isn't there two questions? What is the other?"

   "Oh, there's one more..."

   Pharaoh sat down again, and talked about his idea of ​​what project he planned to organize the 525 brothers who went back this time.

   Da Ya and Er Ya nodded at the same time, thinking that this idea is very good.

   In the evening, the three sisters and brothers were having dinner in a restaurant. Erya received a phone call. After saying a few words, she hung up the phone and said, "Recently, a large number of international hot money has flooded into Southeast Asia, and there may be problems there."

One of her majors is business administration, so she has made friends with a group of students in related majors, plus the network of K Wuguan, she has met a large number of business elites in Silicon Valley, and entered a large network of contacts. The news is very interesting. Well-informed.

   "What's the impact on real estate?"

   When Lao Wang heard about Southeast Asia, he thought of Mrs. John and asked quickly.

  Erya said: "I don't know the purpose of these hot funds at present, whether to go short or long, but with the current economy in Southeast Asia, the bubble is very large, and it is too difficult to go long, I guess it will be short.

  Once you go short, with the economic size of Southeast Asia, under the power of leverage, it is impossible to stop the impact of massive international hot money, and the bubble burst will quickly impact the real economy. The real estate industry with a very high asset-liability ratio is bound to be the hardest hit area. "

When she said this, she saw Wang Tiejun's face was not very good, and quickly asked: "Old man, do you have real estate investment in Southeast Asia? Then deal with it quickly, the hot money is gathering, and the cost is very high. Once it is in place, it is possible to make a move at any time. , you can't delay a day."

   "It's not me, it's Mrs. John, the new owner of the Suns. She has a large real estate investment in Thailand." Pharaoh said helplessly.

   Ertou and Da Ya heard it, looked at each other and shook their heads.

   "Old man, it seems that you are going to change the boss again. Why don't you leave the Suns and come to the Warriors to play?" Erya said.

   "Let me remind Mrs. John first." Pharaoh took out his mobile phone.

   "Wait."

Erya held down Lao Wang and calmly analyzed: "If your boss, Mrs. John, is still in Phoenix, it means that she has limited information channels and has not received this information. The person who gave me this information has a relationship with Wall Street. Even if she rushes to Southeast Asia now, it will be too late."

   "What then?"

   Lao Wang scratched his head and said, "She is a local businessman in Phoenix, and her business is all there. The information channel may not be very good, and I don't know how to invest in real estate in Southeast Asia?"

   "Call first and see how she reacts." Daya reminded at this time.

   Old Wang nodded and called Mrs. John.

   "Old K, nice to receive your call."

   "Mrs. John, now there is a message that I think is very important to you, about Southeast Asia." Lao Wang said directly.

   “About Southeast Asia?”

  Mrs. John was a little puzzled, and asked calmly: "Old K, I am very grateful for your call. I don't know what the message is?"

  Pharaoh immediately told the information Erya received, and Mrs. John's face had changed greatly over there. Within a few seconds, her forehead was covered in sweat.

   If it is true, not only her, but also her family will be in big trouble.

   "Mrs. John, my sister's source is not Wall Street, but the person who provided this information is related to Wall Street. It should be correct." Pharaoh said.

   "Old K, thank you so much! By the way, please thank your sister for me. I hope I have the opportunity to thank her in person." Mrs. John said tremblingly.

   "Then what are you going to do?" Pharaoh asked.

  Mrs. John, sweating profusely, forced herself to be calm, and used her brain to think of a solution that could solve the possible crisis.

70% of the family's liquidity has been squeezed by her in the real estate market in Thailand, totaling more than 500 million US dollars, and she has also borrowed 800 million US dollars from Citibank. Now her and the family's assets in Thailand have all become unfinished. Buildings, billions of dollars in assets have become Thai currency assets.

   If this news is true, the economic bubble in Southeast Asia will be burst, and the economy will inevitably decline. With the decline of the Thai baht, her and her family's Thai assets will also shrink significantly.

   What's more, if her capital chain in Thailand breaks and the real estate stops, Citibank is likely to immediately order her to repay the $800 million loan, which is the real big trouble.

Because her and her family's business is not only real estate in Thailand, other businesses also have a lot of bank loans. Once there is a problem in Thailand, it will definitely affect the entire family's business. Other banks will demand payment for the goods together, and the family may only go bankrupt. .

  For a while, because the news was too sudden, she was at a loss and couldn't come up with an idea.

   Old Wang didn't hear Mrs. John's reply for a long time, and asked Erya in a low voice, "Second sister, I don't think Mrs. John can do anything about it. Didn't you just tell me to deal with some real estate investment? Do you have a solution?"

Erya said: "Hedging, if it is determined that there are funds to short the Southeast Asian economy, then short-selling in the relevant financial market to offset possible crises. This is what hedge funds do. There is also the futures market, which is also used to hedge the physical market. Derivative financial markets based on risk.”

   Old Wang didn't understand either, so he could only repeat: "Mrs. John, my second sister said that you can hedge risks."

   "Hedge!"

   Mrs. John's eyes lit up.

   This is a good idea, that is, is this news really true?

   However, she didn't dare to gamble, because if it was true and she did nothing, with the current debt ratio of her and her family, bankruptcy was likely waiting for her.

  …

  Phoenix, at five o'clock in the afternoon, Colangelo Jr. suddenly received a call from his old colleague, former Suns head coach and current Celtics general manager Danny Ainge.

   "Hey, Brian, Kidd hasn't sold yet?" Danny Ainge asked directly after the call.

   "Do you want?" asked little Colangelo.

   "Yes, we just got Billups, are you satisfied?" Danny Angie laughed.

   "Don't think about it! A rookie who hasn't proven himself wants to replace Kidd? Danny, show your sincerity." Little Colangelo said angrily.

  Danny Ainge had no choice but to increase his stack, but the chips he threw did not satisfy little Colangelo, which was difficult.

   "Give me your first-round pick next year, plus Billups, and I'll give you Kidd." Colangelo Jr. gave his asking price.

   "No no no, this is too expensive! Too expensive!" Danny Angie shook his head quickly.

   "Do you really think it's expensive? Forget it." Little Colangelo laughed.

   "Slow down, slow down..."

   Hearing that Little Colangelo was about to hang up, Danny Ainge could only shout helplessly and said, "Add a top seven protection, and then you will send Chapman."

   Little Colangelo made a good deal and agreed.

   After the two sides agreed, the relevant players were notified.

   Kidd heard that he was going to the green team, and he accepted it readily. The green team did not have a second old K. He could completely control the organization of the team, not just a puppet on the point guard like in the Suns.

   As for Billups, he was very happy to hear that his signing rights were traded to the Suns. After all, it was the defending team, and he had a chance to compete for the championship in his rookie season. He felt very lucky.

  …

  In the United States, on the evening of July 1st, on the morning of the 2nd day of Thailand, the financial situation suddenly changed, and a round of financial turmoil spread to the whole world. The financial turmoil that took the entire Southeast Asia 20 years to fully recover, kicked off.

   That night, Pharaoh and Fei brother chatted for a long time, teasing his son Dabao to call him Dad on the phone.

   Dabao is now nine months old, and can say a few simple words, such as mom, dad, grandparents, etc., but other babbles are not enough.

   The next day, July 2, early in the morning, he got up from the hotel bed, washed up, and went to have breakfast with Da Ya Er Ya.

   "Thai Baht Plunge?"

   At this time, Erya received a follow-up message.

   "Thai pig? Is there such a pig?" Pharaoh asked curiously.

   Erya rolled her eyes at her brother and explained, "Thai baht is the currency of Thailand, not a pig."

"Oh."

   Old Wang nodded and asked quickly, "Second sister, did you fall much?"

   "It fell quite sharply, like an avalanche. The exchange rate of Thai Railway against the US dollar fell by 17% in one day."

   Erya was also very surprised and said, "I didn't expect such a big move yesterday. It seems that Southeast Asia is in big trouble. This time it will definitely be big trouble."

Then she analyzed it seriously: "I don't know the specific situation, and I'm not a financial major, but the fall so much in one day shows that the bears are very powerful and come prepared. It shows any ability to support the market, so there is a high probability that there will be large fluctuations in a short period of time. Next, we will see whether Thailand can stabilize the financial market in time, and if it stabilizes, it can also protect the real economy.”

   "What if you can't?" Pharaoh asked.

   Erya said: "Then the problem is big, all industries will be affected, and the real estate industry, which has a very large demand for funds and a very high debt ratio, will definitely be the hardest hit area, and some people will jump off the building."

"so serious?"

  Pharaoh stayed for a while, wondering if Mrs. John had hedged.

  Phoenix, Mrs. John is sweating profusely.

   "God bless, let old K call me." She made a cross on her chest.

   She finally chose to hedge the day before yesterday, but she never imagined that the foreign exchange market moved so much, this is no longer a volatility, this is an avalanche, and a financial storm may be brewing.

  Fortunately, she transferred a sum of money in time the day before yesterday, and sold Thai currency short in the foreign exchange market before the market closed, and it was this operation that saved her and her family.

   However, this operation does not completely solve the current problem, it just avoids the breakage of her capital chain and bankruptcy. She judges that this incident is no small matter, and she and her family will still face major losses.

   It is the best outcome for her and her family not to go bankrupt this time. As for the loss, she no longer considers this issue.

  …

   At this time, a charter flight from the capital arrived in Los Angeles, and 500 Chinese youths came down.

  The black T-shirt of their Isshiki Kwukan is also the same suitcase, which looks very neat and mighty.

  Wang Tielong, the general manager of the main library, has rushed over from Phoenix to pick up the plane with Liu Changjiang, the manager of the Los Angeles branch.

  According to the plan, they divided the group into four and distributed them to four branches.

   At this time, 525 people from the K martial arts hall who were going to return to China were also preparing to board the plane at the airport in San Francisco, and the three brothers Wang Tiejun were among them.

  “Ding ding ding…”

   Just when Pharaoh was about to turn off his phone, the phone suddenly rang.

   "Hello, Mrs John?"

   Looking at the number, he quickly connected.

   "Old K, thank you and your sister very much. You saved me and my family. Thank you very much." Mrs. John said sincerely.

   "Well, Mrs. John, you are a VIP customer of the martial arts hall, and I just provided you with a piece of information." Old Wang smiled.

   "But old K, there's a problem now, and I'm really sorry," said Mrs. John.

   "What's the problem?" Pharaoh asked.

   "My family and I will lose a lot this time, and I guess I won't be able to keep the promise I made to you. I'm really sorry." Mrs. John said apologetically.

   "The Suns?" Old Wang frowned.

"Yes, if the Southeast Asian side continues to deteriorate, my family and I will suffer more than a billion dollars or even greater losses. My situation will still be very difficult, and I may even choose to sell some family assets, including the Suns." said Mrs John.

   "Well then, I see."

  Pharaoh said helplessly, and then the two ended the call.

  Although he was mentally prepared, he was still not reconciled. After all, he still couldn't finish defending his title with the Suns.

   The next few years will be his prime, and he can't possibly be wasted on the Suns.

   "Old man, what's the problem?" Daya and Erya stopped long ago and asked.

   "Second sister, although Mrs. John has done that hedge, the loss will still be huge. She can't invest a lot of money in the Suns." Pharaoh explained.

Erya nodded and analyzed: "Judging from the situation yesterday, there is a high probability that it will continue to fall sharply. She has no chance to deal with her Thai currency assets, and no one dares to buy them. That asset may end up being nothing. She is in The real estate company over there is likely to go bankrupt outright.

   But she hedged the day before yesterday, and she should have made a profit to avoid the breakage of the capital chain. The bank will not freeze her assets, and it will not spread to other industries. The bankruptcy may be small, but the loss will definitely be huge. "

Pharaoh said: "She said that she might sell some assets, and she might also include the Suns, but it's not necessarily. But no matter what, she can't invest any more money to compete for the championship, and it's meaningless for me to stay in the Suns. Big sister two Sister, I can't go back now, I have to stay here and go home after a while."

   "Are you going to leave Phoenix?" Da Ya asked.

   "Leave." Old Wang nodded.

   "Leave and leave. It's not sold to the Suns anymore. You come to the Warriors to play, and my eldest sister and I can watch a few more games of yours." Erya laughed.

   "Warrior?"

  Pharaoh thought about it, the Warriors' lineup seems to be good, but the record is not very good, and the style is not suitable for him, playing the small ball tactics left by old Nelson, he will not come to the Warriors.

  In this way, he sent away two sisters and 525 martial arts brothers, and he stayed.

After    left the airport, he discussed with Hoxman again and informed the Suns of the current situation. The agent also strongly advised him to leave the Suns.

Pharaoh also knows that Hawksman has always wanted him to leave the Suns, and it is better to go to the Lakers. He never thought about it before, hoping to complete a dynasty in the Suns, but now that the team has frequent problems, he has to really Consider leaving.

  …

   In the next two days, the foreign exchange market in Thailand completely collapsed, and Keryl John was also desperate for real estate companies in Thailand.

   A few days ago, her real estate company was worth nearly $2 billion, and now, only 30% of it remains.

   The key point is that this is a Thai currency asset. It cannot be shot. It can only watch the plummeting day by day, but there is nothing to do.

   and the consequences of continuing to fall, the capital chain breaks, the bank freezes her assets, the consequences are unimaginable, and bankruptcy is inevitable.

  The only thing that can comfort her now is the operation she made a few days ago. As the Thai baht continues to plummet, the short order is also making profits, so that her capital chain can be maintained.

   Next she has to raise funds to pay off the $800 million in debt.

   Doing this will prevent her and the rest of the family's business from being affected.

   With her order, the family immediately began to let loose, to dispose of a batch of assets.

   She did not sell the Suns, because at this juncture, in order to leave some vitality to the family, she still needs a batch of assets that preserve their value. The Suns are just right, and they are all risky properties to sell.

   And this news was immediately reported by Phoenix local media.

  Because of the Suns, this news was also reprinted by the media in some other places.