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Before the devaluation of Thai baht, Soros borrowed a lot of Thai baht through various channels. What method did he use?
Accurately speaking, it was not borrowing a lot of Thai baht, but Soros used financial loopholes to fight a financial war. He first spread the rumor that the Thai baht would depreciate, causing some Thai baht holders to sell a lot of Thai baht. Since 1997, Thailand's real estate bubble has lost its luster and will soon burst. Foreign investors have sold Thai baht. Soros saw that the time had come to fish in troubled waters, led international financial speculators and concentrated on attacking the Thai baht fortress built on the beach. For a time, Thailand's financial position was in jeopardy, filled with smoke, and its shock spread to the entire Southeast Asian financial market.

Then his hedge fund began to sell US Treasury bonds to raise funds, expand Soros's army and launch a fierce attack on the Thai baht. I quite like Soros. He is a stubborn and critical person. There is such a big financial loophole in Southeast Asia that he can't escape. He has been waiting for the last chance to come. He wants to make a lot of money and create another miracle similar to hitting the whole Britain. 1993' s trip to Britain caused BP's market value to plummet within one month, earning the British government $654.38 billion, which is worth remembering!