Rebirth 96: Peak of Power

Chapter 663 brings out the key points

"Why would I say that a financial crisis is likely to break out? In fact, I made my judgment based on country T..."

Zhou Pengcheng looked at Wu Tai, and he also started to get to the point.

"Country T? This country is still okay, and we have studied it and there are no systemic financial risks. Pengcheng, what do you have in mind?"

Wu Tai and others have studied some countries in Southeast Asia before.

Although these countries have more or less potential crises, they are not serious.

And they feel that these countries should be well prepared to withstand the financial crisis.

At present, there are no major fluctuations in the entire international market.

Why is Zhou Pengcheng so sure?What on earth did he see that made him so sure?

Wu Tai had doubts in his heart, and many doubts.

Zhou Pengcheng chuckled and said: "I think, Brother Ang, what you have studied are all things in the past one or two years, right?"

"That's natural. It's meaningless to study something that's too old, right? Finance is changing rapidly, so studying things from many years ago doesn't actually mean much. Just like we are now studying things from Xiangjiang ten years ago, I think it's It doesn’t make any sense…”

What Wu Tai said is not wrong. Finance is indeed changing rapidly.

And generally speaking, the market situation is different every year, so generally speaking, the direction of their research and the topics they discuss are what happened in the past one or two years.

Actually!

For Wu Tai and others, let alone the past year or two, what they study is almost the impact of current financial events on the future.

Now that Zhou Pengcheng said this, Wu Tai's curiosity was suddenly aroused.

Could it be that the crisis Zhou Pengcheng mentioned is not just now, but has been there for a long time?

But if this is really the case, then why has country T’s economy continued to rise after so many years?

Will people's living standards continue to improve?

This was something he was puzzled about. He wanted to hear what insights this Zhou Pengcheng could offer?

"It is indeed meaningless to study general things. But country t is different. Angkor, do you know what policy country t introduced in 1992?" Zhou Pengcheng asked with a smile.

"1992?? I...I really don't know very well." Wu Tai shook his head. He didn't know what Zhou Pengcheng wanted to express?

Speak up!

Information is not developed now, so it is impossible for Wu Tai to know so many things at once?

In many things, it is because of information asymmetry that many passive situations are created.

"In fact, country T had already laid the foundation for the economic crisis in 92." Zhou Pengcheng said softly.

"Pengcheng, what's going on? Tell me?"

Wu Tai looked at Zhou Pengcheng with some longing. Although he didn't know what Zhou Pengcheng wanted to say, he felt that since he said it so firmly, maybe it was really possible.

They didn't see it when they analyzed it before.

If Zhou Pengcheng really sees something, then for him, there will be one more idea when analyzing.

"The financial system of country t is already in a relatively chaotic situation. It's just that the speed of economic development makes them feel a little inflated."

"However, in fact, if country t had been able to strengthen financial supervision, there would not have been too many crises in a short period of time. But in 1992, country t introduced a law."

"They have given up supervision of the financial market, so that funds can flow unimpeded in country t. As far as I know, a lot of foreign capital has already been gathered in country t. This is the root cause of the chaos!"

When Zhou Pengcheng opened his mouth, Wu Tai was a little shocked and at the same time, he seemed to have thought of something!

For him!

What he needs is such a person who is good at analysis. Seeing Zhou Pengcheng talking eloquently in front of him, he was a little excited for a moment!

This person is definitely a talent!