Chapter 756 Sao Operation
The night was long, and it was okay anyway, so Jing Jian simply popularized it to Zhao Xia.
In fact, the process of reunification of the two virtues is unique in the history of mankind. There was no bloodshed, no violence. Even the East German government did not adopt a constitution at all, and the parliament was simply dissolved, which was a reunification promoted by popular opinion. Let West Germany decide everything, use West German laws, West German currency, and even West German officials, anyway, all the brains are left to West Germany to decide.
However, there is an extremely important question here -- how should the public opinion of the GDR state and people be expressed in such an important political decision, and in what way should it be ensured? Sorry, there was nothing! It can only be said that the GDR was in a daze from top to bottom.
As a matter of fact, since the two Germanys were on the front line of hostility during the Cold War, on the one hand, both Germany were of course very happy about reunification; on the other hand, with regard to the "surrender of the hands raised" by East Germany, West Germany treated the state property of East Germany as spoils of war and began to dispose of them at will, just as a victorious country was against a defeated country.
Anyway, I won't say much about the specifics. The length is very long, and if you are interested, you can read those professional papers. However, one of the most important points is this 1:1, can you imagine that the price of goods produced by the factories of the former East Germany has risen three or four times at once, and then they are still sold to ghosts?
In fact, the former East Germany was second to none in the socialist camp in terms of economy, industry, and science and technology. Even some goods can be exported to Europe and the United States, which has strong competitiveness. However, being so 1:1 at least pulled the backbone all of a sudden, right?
Even if the backbone is withdrawn, with the background of East Germany, there should be many factories that can survive. After all, such an exchange rate loss is temporary, and when half a year or a year passes, it will still be able to survive such a chaotic period.
But will West Germany let them be safe and sound? One after another, the operator of this time was replaced by the State Property Trust Bureau. After the merger of East Germany, the state-owned economic system needed to be reformed, so the State Property Trusteeship Agency (hereinafter referred to as the Trusteeship Office) was formed. The mission of this bureau was to turn the state property of East Germany into private property. And the capitalists of West Germany took advantage of this institution to loot the wealth accumulated in East Germany for decades overnight.
For the West Germans of these trusteeships, the enterprises of the GDR were not the accumulation of the blood and sweat of the country's compatriots – but the spoils of the victors after an ideological war.
Therefore, the Depository Board first asked a commercial bank in West Germany to buy the Bank of East Germany, the central bank of East Germany. As in pre-reform China, there was only one bank in East Germany, including the savings bank in the corner, and the entire country's banks were all government agencies.
Then the operation began. In terms of the asset table of acquisitions, these hundreds of millions of marks are a relatively fair deal. However, if you put this deal at the policy level of the whole of East Germany, it would be a real trick. Because there are tens of billions of registered loans in banks, and under the planned economic system, this is not a commercial loan in the traditional sense, but a kind of operational liquid asset allocated by the state through a financial institution such as a bank after the state-owned enterprises pay profits and taxes.
Therefore, these loans will not be counted in the sale of GDB. Now, however, these policy grants have suddenly become normal business loans. Debts that did not have to be repaid at all, or that should have been repaid by the East German government's industrial system, became the liabilities of East German companies. And what will happen to the insolvency? The court will tell you – bankruptcy auction!
Similarly, there were also policy loans for municipal construction and public spending in East Germany, so unfortunately there were no more in East Germany, so it was up to all the East Germans to pay it back!
In this way, the capitalists of West Germany could acquire almost all of the state assets of East Germany at the price of cabbage. On the other hand, after eliminating all the factories in East Germany, it was possible to completely occupy this blank market.
The pre-dissolution Trusteeship Bureau did "live up to expectations", and the state-owned assets of East Germany, valued at more than 600 billion marks, were placed under the trusteeship of the Trusteeship Agency. By 1995, after four years of privatization, the East German people were instead in debt of 350 billion marks and millions of unemployed? The common people of West Germany should not be busy rejoicing, and the East Germans would certainly not be able to repay this huge debt, so there would be another unified tax? And this unified tax has been received until now, and it is estimated that it has reached 2 trillion euros?
By the way, to what extent was the Trusteeship Board unscrupulous? German Chancellor Kohl at the time, in defiance of the world's condemnation, demanded that the German Reichstag pass a general pardon decree for the Trusteeship: "They shall not be liable or paid any legal responsibility for all their actions, all their mistakes, and all their dereliction of duty." ”
And later the German Minister of Finance also commented on this pardon: "It is necessary to pardon the mistakes of the Trusteeship Board personnel, otherwise we would not be able to have a group of excellent professionals do their work in this high-risk position in such a short time." ”
Needless to say, this is almost explicitly saying: "We are abusing our power for personal gain and helping the capitalists to embezzle state property!"
......
Jing Jian said that his mouth was foaming at the mouth, but Zhao Xia became more and more confused the more he listened. While amused, Jing Jian scratched her pretty nose: "Don't you understand, do you just think your husband is very powerful?"
"Stinky beauty!" Zhao Xia said with a smile, "You people have a lot of flowers." Even the blood and sweat of the common people in East Germany are gone, which is a pity. ”
"Isn't it a pity?" Jing Jian said with a smile, "After the capitalists take the factory, they will not ask for it, they will sell all the machinery and equipment." It doesn't matter what the Germans think, the rest of the world is now in the dust, in Germany and Eastern Europe. What they don't want is an absolute good thing for us in China. ”
"Huh......? Does the country know? ...... you?"
"Don't worry. Jing Jian turned off the light, "I can think of it, the country will not know? I suspect that the rags are now crowded with hotels in Germany." That's true. At that time, China had found a lot of treasures from the Soviet Union and Eastern Europe, including East Germany, and hired a lot of experts, which was a big leap forward in China. Even if Jing Jian hadn't reminded him, those diplomats would have already sent the news back to China.
"Oh, so you're going to Hamburg for this?"
"Don't talk about that, go to sleep. ”
"Hey, why are you so dishonest when you sleep?"
"Hehe, honestly that's called rest, let's call it sleeping. ”
"Phew, hee-hee......"