Peanutton is tearing 13, and so is Smecta. They now know that they can no longer pretend to be the strongest in the universe no matter what.

The rhetoric of being the fifth in the world in 10 years seems like yesterday. It's a pity that now it seems that this distance is getting farther and farther away.

Kia, Hanbo, Jinro, Sammei, Halla, Haitian, Danong, Qingqiu, Ssangyong. Nine large consortia have either collapsed or are in the process of filing for closure.

A total of thirty consortia, one-third of which need to go out of business. Even the remaining twenty-one don't seem to be outrageous.

At least, Daewoo doesn't seem to be able to hold on.

Three months ago, it seemed that you were still grabbing Kia, and now, otherwise, you would have packed it up and sold it to four stars.

Smecta looked back,, let alone four stars, modern people are not interested. To survive, as long as they can survive, they are willing to pay any price.

Smecta now understands that if others dare to lend you money, they are not afraid that you will repay the debt. If you dare to repay the debt, rest assured, it will definitely make you regret it for life.

Sovereign rating to B - just the beginning, if necessary, can become C.

In this situation, A- will die.

B？

Hahaha, I can only add one more stupid word to you.

Anyway, I don't give money anymore, and I can't borrow money at 30% of the loan interest rate.

Smecta's economy is completely copied from the book. They believe that the main problem is the real estate bubble, and I will limit it here, and it is estimated that it will be enough.

As a result, they encountered the bubble crisis of the magic revision. Looking at the disgusting appearance now, it seems that it is not as good as the book.

Blind arrogance and blind expansion are the wrong way of economic development from the very beginning.

Smecta is a small country in the region, and geopolitically speaking, there is really no other choice but to be left and right.

The period after World War II should be the most proud. As a punishment, it is said that Ben is not a complete country, and his own boss does not deal with the big rabbit. Well, there's really no one around to bully it.

The sudden take-off of Ben made Smecta grit his teeth with hatred. If he hadn't been fighting here, he might have been able to take his place.

It's good, we finally have a chance to catch up, and even if we can't overtake it, we'll be close.

In '95, Smecta saw hope. Because of the earthquake that had just improved a little, their chances were lost again.

It's a pity that they think too much. Although he was a bastard, he used to be called a great power. Even if you bombed back to the Stone Age, they used to build aircraft carriers.

It's also funny to say, Smecta's feelings for Yuben are really difficult to describe in words. You say that they have a bad relationship, and Smecta is very fond of imitating him. Don't talk about anything else, I like to gamble, and these two goods have a fight.

The government is very clear about what its own citizens look like, so it is said that legal gambling is either sports competition or pachinko machines on the streets.

Smecta is a bit different, they have their own Casino. However, its citizens were not allowed to set foot in it, so a depressed Smecta drifted across the ocean.

Well, it's actually worse. Since they like to die, you might as well keep your money at home.

"Tsk, are you going to bury Smecta directly?"

Smecta's thunderstorm, they themselves may not care, the eagle sauce who dominates all this can't stand it in the first place. Bastard, it's just a little wool, what are you doing with your heart, liver, lungs and spleen?

"Warren, I looked at their outbound investments and there was a common risk, they like high yields. ”

Ha, Buffett laughed, and the smile was a little lewd. If it weren't for the familiarity with him, Charlie Munger would have wanted to run away. Old rabbit, you look evil now, do you know it?

"Charlie, after the war to the present, their per capita income has increased a hundredfold. You say, a person who has been eating bran for a long time, and you suddenly give him a large sum of money......"

The old guys all say so, so what else is there to say, but when will this bad situation be tossed.

"Warren, they shouldn't have done that in the first place. Later, I shouldn't have relied on the debt, but now it's okay, I can't borrow a dime. ”

"Alas, this group of harmful spirits, they can't die, I won't care. If all this money is gone, many banks will fail, and even us, the prospects are not very optimistic.

By the way, what does the Treasury say now?"

Charlie Munger smiled wryly, in his opinion, those conditions were too exaggerated. It can be compared, that is, the one a hundred years ago. At that time, he forcibly lent Smecta 10 million yen, and from then on, they began to colonize.

"It's harsh, I've seen enough, Robert Rubin is crazy. I'm curious, why didn't Smecta throw his children into the well, so why did he come up with these conditions?"

In fact, this cheating agreement, until the day of the signing, Smecta still refused.

It's a pity that if you don't sign it, then the country goes bankrupt. This is not an unemployment rate of more than 10 percent, and a bad one is 40 or 50. Don't say anything about company employees. Even government employees will be dismissed from class.

This is an agreement signed in a mud pit, called a day of national shame, but it is not too much.

But, then again, who let you A's family get the money. Smecta's consortium economy is that the government directs loans, and then the banks offer very low interest rates.

Finally, the consortium earns foreign exchange through exports and returns a portion of the profits to the government. Then, in this cycle, your government is benefiting, and since it is beneficial, you can't say anything market-oriented.

Implicit guarantees are also guarantees, and if something happens, foreign investment banks will bear the losses, how can there be such a funny logic in this world.

Robert Rubin, who is this?

Former senior partner at Goldman Sachs, then, does his position need to be clarified?

Not at all!

Goldman Sachs' partnership system is one of the main reasons for their success. It's a muddy pond at all, and as long as there is a way, it will occupy a place on this platform.

Don't talk about a little Smecta, in the future, Goldman Sachs, a deformed monster, is simply an existence that cannot be provoked.

Do you know why you only save two rooms and not your brothers?

You Lehman are against Goldman Sachs all day long, will people not find a chance to clean you up?

Later, there was actually only one such a consortium left. Da Mo didn't dare to provoke, Citi only had half a life left, and the other so-called predators either retired or joined Goldman Sachs. Anyway, after 08 years, it's basically like this.

The position of the Treasury Minister of the United States, starting with Robert Rubin, has basically been controlled by Goldman Sachs for a long time. You can change the president casually, this position, it's best not to worry about it.

"25% interest rate? I want to lend money to Smecta. Do you know how hard it is for industrial products to make more than 20% profits?

Alas, it's still this group of guys who will make money. ”

"Boss, that's not all. Filson smiled and didn't care, he just took advantage of the fire to rob, it was not a big deal.

"Oh, tell me about it. ”

"Banks and brokerages are fully open, mergers and acquisitions, including hostile takeovers, are allowed, and all licenses are revoked. Most importantly, the IMF should supervise financial institutions. ”

"Hahaha, don't say it, it's impossible to agree to the last one. Is the IMF planning to dissolve Smecta's monetary authority?"

"Robert is indeed ruthless enough, such conditions are already noisy in Peanutton. ”