Chapter 271 Argentine National Debt

At nine o'clock in the morning of the next day, Tianxiu Group Building, Huangpu District.

In the general manager's office on the 9th floor, Pu Ruozheng was sitting in front of the computer and staring intently at the K-line chart on the screen, the golden sunlight outside the window shone through the glass on her side face, and the light emitted was as dazzling as a seven-colored rainbow.

After about three minutes of motionless, there was a rhythmic knock on the aluminum alloy office door, and after waiting for about a few seconds, the door was unscrewed open from the outside, and a sweet-looking girl in black professional clothes walked in with Guan Qiu, who was dressed in casual clothes.

"Mr. Park, the chairman is here. ”

Pu Ruo, who was behind the desk, reluctantly withdrew his gaze from the screen, glanced at Guan Qiu, who was smiling behind the secretary, and turned to the secretary and said, "You go down first!"

Before the secretary left, Guan Qiu instructed: "Help me make a cup of black tea." ”

"Okay chairman. The secretary girl answered, and when she turned around, she secretly spit out her pink tongue.

She has been working in Tianxiu for more than 7 months, and today is the first time she has seen the big boss behind the scenes.

After the secretary left, Pu Ruo got up and took Guan Qiu to the east-west reception area and sat down, and asked with a light face: "If you have nothing to do, go to the Three Treasures Palace, say, what's the matter with coming to me?"

Guan Qiu said with a smile: "What, are you going to remove me?"

What he means is, as the owner of the company, how can coming to his own company be regarded as "going to the Three Treasures Hall without doing anything"?

Pu Ruo was holding back the fire in her heart, and she couldn't find a way to talk about it, Guan Qiu's words made her angry, and she said with a cold face: "You still know your identity." ”

Guan Qiu was a little at a loss, but still said: "It's not that the foundation is too weak, I want to take advantage of this wave of market to find a way, and I don't care about the things in the company." ”

Pu Ruo endured and endured, but in the end he couldn't hold back, and choked: "So you will be a groom every day and enter the cave room every night?"

"Uh...... This ......" Guan Qiu touched his nose and stopped talking, he didn't want to justify his behavior.

There are people in this world who can understand his feelings, and they can't find it at all.

Some people say that money is just a string of numbers on a bank card to a certain point, and he can say with certainty that this person is a big liar.

When wealth grows faster than the money printing press, the adrenaline will rush and will remain high, the soles of the feet are like stepping on cotton, and the whole person seems to be floating in the clouds.

Those who were "born in Rome" may be familiar with such experiences, but the erosion of high society is not something that someone has made up out of thin air, which is a typical symptom of spiritual emptiness caused by wealth.

And in the foreseeable future, his wealth will increase exponentially, and in this case, let him live a strict and disciplined life like a Puritans, which is a fool's dream.

Seeing that he didn't intend to explain his actions, Pu Ruo couldn't help but show a look of disappointment on his face.

"Tell me, come and find me something. "Pu Ruoyi is happy.

Guan Qiu turned a blind eye to Pu Ruo's expression, he had already deeply realized the benefits of the eight kidneys, no matter what grievances he had, he cleaned up on the bed, and immediately turned into an abrasive goblin.

So he didn't bother to guess what was going on in the minds of these women.

After the secretary came in with two cups of black tea, Guan Qiu took a sip and said, "How much do you know about the Argentine national debt?"

"Argentine national debt?" Pu Ruoleng paused for a moment, and then shook his head repeatedly, "Don't touch it, it's something that is in the water." ”

Guan Qiu smiled, this woman still cared about him, smacked her mouth and said, "But it's too tempting, 11 billion US dollars, as long as 3% of the funds can buy 100% of the debt." ”

It's also very interesting to talk about the Argentine national debt.

In the first half of the 20th century, Argentina in South America was actually very prosperous, and its economic level was comparable to that of the developed countries at that time, but because it could not see the economic situation clearly, the government kept dying, and in order to curry favor with voters in every possible way, the Argentine government has been borrowing heavily from the international community since the 70s to maintain its operation, giving voters a lot of fish and meat.

During his tenure, he was naturally politically fluent, and in the next president, he continued to borrow new debts to pay off old debts, and in the end, he directly borrowed "naked strips".

Finally, in 99 ~ 2001, the year came to pass, creditors came to the door, Argentina experienced the worst economic recession in history, the society fell into turmoil, shopping malls and restaurants were closed, people marched on the streets, and the car transporting livestock was stopped by mobs on the road to kill cattle and meat, and the situation was chaotic.

In just one month, the Argentine president changed four, but the debt owed for decades was too high, and the treasury was empty and could not be repaid.

Then the fifth president seemed to have suddenly opened his mind, and after taking office, he made a commotion and made a speech to the creditors, saying: The biggest mistake of the Argentine government is that it has not dedicated itself to serving the Argentine people.

This sentence is translated into the vernacular: Why should we pay back the money we borrowed by our ability?

At that time, the people at the speech scene were enthusiastic and supportive, and no one felt the slightest bit ashamed. It's amazing that the debt is so justified.

Then, at the end of 2001, the Argentine government officially declared that it had defaulted on its debt and would not repay it.

It was the worst national debt default at the time, with a total debt of $160 billion.

The creditors were stunned, and one creditor said: I may have lent my money to a fake country......

If an individual or a company defaults, the creditor can still sue in court and apply for enforcement or bankruptcy, but if the state defaults on its debt, you can't send an army to rob the property in the Argentine government building, right?

Looking at Argentina lying on the ground, the creditors finally agreed to a debt restructuring in June 2005, in the middle of last year: all interest on the arrears was forgiven, and only 30% of the principal was repaid.

In fact, Argentina did not want to pay back even the 30%, but he dreamed of going back and continuing to borrow money to eat meat in the international market. The so-called life is a line, and it will be good to see each other in the future, and the symbolic one will be a little more, and everyone will celebrate the New Year first.

Most creditors finally agreed to the restructuring, accounting for about 65%, after all, retail investors and small funds are powerless against sovereigns.

But there are also some people who can't swallow this breath and plan to fight the Argentine old scoundrel to the end, so they sell the IOUs to the "Black Society", a group of American offshore financial companies registered in the Cayman Islands.

Because Argentine government bonds are already garbage, these financial companies, led by the capital predators of Wall Street and the London financial market, bought Argentine government bonds at almost the price of cabbage.

Now he comes to collect debts every day, and asks for a penny of repayment of debts with interest.

Yu Hongtai called him last night, originally he listened to it as a joke, but after hearing the total amount and price, he couldn't help but be moved.

Pu Ruo's good-looking eyebrows furrowed tightly, staring at him and saying, "You can't be so naΓ―ve, right? Even the Western powers can't do anything about Argentina, and you still want to dig into the mud?"

Guan Qiu said with a smile: "Those people on Wall Street are not vegetarians, you have to believe in one thing, for the sake of profit, they will do anything."

The key is not much, it is less than 350 million US dollars, and it can be regarded as a long-term investment.

People don't die, debts don't rot, I don't believe that Argentina can still fly with long feet. ”

Pu Ruo knew that she couldn't talk about him, mainly in terms of "strategic vision", she was really ashamed, thought about it and asked: "Since you have already decided, why did you come here to ask me?"

"I have never operated such a large treasury bond transaction, and some international financial knowledge in the contract ......"

Guan Qiu chattered for a long time, and when he saw that Pu Ruo's eyes were getting more and more strange, he smiled awkwardly: "How about having dinner together at night......