Chapter 274: The old man is a ruthless man

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Chu Yunsong looked at Ye Kai with satisfaction, agreeing with his low profile, he took a sip of tea, but found that he had bottomed out, only to see Ye Kai immediately carry the teapot over to refill the water for him, with a small face. Pen Fun Pavilion www.biquge.info.

"It seems to be a little hot, so the old man drinks it slowly." Ye Kai tested the temperature of the outer wall of the teapot with his hand, and said to Chu Yunsong diligently.

"Hmm." Chu Yunsong nodded, then motioned for Ye Kai to sit down, and then said to him, "Actually, my idea is very simple, that is the premise is that your point of view is correct, and the ruble will indeed fall sharply." ”

"I can guarantee that." Ye Kai nodded and said, "How can I not get along with my own money?" ”

No one can guarantee this better than Ye Kai, and no one knows better than him what the ruble will fall into.

At the end of the day, this is a fateful tragedy.

Russia's choice to seek help from the United States and its total westernization is itself wrong, especially because it relies on the Americans to carry out economic and monetary structural reforms.

In Ye Kai's memory, from the strong ruble under the fixed exchange rate system of the former Soviet Union, to the sharp depreciation of the Russian currency after the reform, from 1 ruble to 2 US dollars to 1400 rubles to 1 US dollar, what happened? How did such a huge devaluation from 1 ruble to $2 to 1,400 rubles to $1? Behind the astonishing reality is a long-premeditated conspiracy.

In front of the Americans, the Soviet Union, which had no financial defense, began financial liberalization without preparation and regulation, and it was this move that brought a deep disaster to the Soviet Union.

And after the collapse of the Soviet Union, financial investors, who intensified their efforts, continued to snipe the ruble through other means.

On the one hand, there are accurate research reports by international financial institutions and overwhelming negative reports from the international financial media, and on the other hand, the securities prices of state-owned enterprises in the former Soviet Union are falling rapidly.

The people of the former Soviet Union exclaimed what was wrong, but they had no choice but to join the army of selling, constantly "selling, selling, selling", while the market "plummeted, plummeted, and plummeted again".

In this way, smiling foreign and financial investors bought out the state-owned enterprises of the former Soviet Union with borrowed money from others (the money of the people of the former Soviet Union, enterprises and financial institutions).

After buying a state-owned enterprise of the former Soviet Union with borrowed money. Foreign banks and international financial investors are faced with a dilemma: how to pay the huge amount of ruble principal and interest borrowed from it?

Not to mention the astronomical principal, even the payment of interest has become a problem.

If the ruble is not forced to devalue for a period of time, foreign banks and international financial investors will have nothing to lose and have no choice but to go bankrupt.

It was at this time that the most incredible financial event in the history of international finance took place: at the suggestion of American experts in exchange rate finance in Russia, the Russian government took administrative measures to deal with the black market transactions of the ruble by liberalizing the ruble and allowing the ruble and the dollar to float freely.

The normal management of financial stability by the Central Bank of Russia has given way to the advice of internationally renowned financial experts, and the sovereignty of the country's financial management has given way to the supervision of the so-called impartial opposing media. High-profile advocacy of political democracy and opposition to authoritarianism mask the dangers of rapid financial liberalization.

To put it simply, this is a man-made financial crisis, a Russian financial crisis dominated by the Americans.

After the reform of financial liberalization in the former Soviet Union, it opened up at a super pace. The phenomenon of people in the former Soviet Union queuing up to buy is happening again, only this time everyone is rushing not for a commodity, but for dollars, and they desperately exchange their rubles for dollars.

Buying dollars was an inevitable option at the time.

Due to the large amount of borrowing by foreign banks in the short term. Inflation in the USSR after the collapse was already quite widespread. Short-term economic growth is overly dependent on investment, adding fuel to the fire.

In addition, when the market opened up rapidly, the short-term shortage of consumer goods also contributed to the soaring price prices, and the rush to realize the paper wealth of the people of the former Soviet Union in the reform process also contributed to the rate of inflation.

For example, a worker in the former Soviet Union who received the equivalent of 100 rubles in securities, even if the 100 rubles of securities could only get the equivalent of 50 rubles, he would be in a hurry to cash in, so that the amount of money in the market increased dramatically at once.

Deposits in banks are no longer safe. Once inflation increases, people will withdraw their original deposits and exchange them for physical goods to preserve their value, and this cycle causes inflation in Russia to spiral out of control like a wild horse on the loose.

The unreasonable short-term rapid reform and the uncontrolled monetary and credit policies have erupted in a concentrated manner in the short term in the process of rapid financial liberalization. The destructive power is staggering.

In the midst of hyperinflation, rational individuals are looking for ways to preserve their value. At this time, the timely opening of the ruble for dollars undoubtedly gave a glimmer of hope.

For a time, the dollar became the most sought-after fashionable product on the Russian market, which is a kind of mass madness, which is a pity and a lamentable madness. The streets, especially the doors of foreign banks, were lined with anxious people holding rubles for dollars.

Private banks that don't need to wait in line turn into a sea of crowds in an instant, and the free fragrant coffee is gone. The smiling VIP service has also turned into a ridiculous directive, and the people of the former USSR have gone from VIPs with deposits to beggars begging for dollars.

Under the herd effect of the market and the ever-spreading panic. The pessimistic view of the ruble's trend has been infinitely magnified, and the sharp depreciation of the ruble that some international financial investors want to see will soon come. The trend of the ruble on the foreign exchange market can only be described by the word "tragic".

At its peak, the ruble was worth 1 ruble to 2 dollars, and the speed of its decline is jaw-dropping. The short-term movement of the ruble has once again sparked panic, which in turn has prompted the ruble to fall further.

In the end, the ruble foreign exchange market collapsed, and soon the ruble fell to 100 rubles to 1 dollar.

The media has been dominated by international financial experts, which has only intensified the spread of panic about the ruble, which has become extremely dire, but the innocent people of the former Soviet Union who have the ruble in their hands have to weep bitterly and toss the ruble back into dollars, trying to find the little bit of value left in the ruble currency.

The foreign exchange market for the ruble was completely crushed, and cunning arbitrageurs bought the state-owned assets of the former Soviet Union at low prices and escaped huge ruble debts. It is no exaggeration to say that such a devaluation is rare in the entire history of international finance.

In the end, the actual depreciation of the ruble reached 112,000 times, except in times of war, and the rate of inflation in China during the war in 1945 was dwarfed.

"Now that you're sure of what you're going to do, I'll show you the way." The old god Chu Yunsong said on the spot, "What is the most valuable thing in Russia? ”

"Huh?" Ye Kai was stunned for a moment when he heard this.

That's a strange question.

"Oil and gas!" Chu Yunsong clicked through Ye Kai at once, "If you don't buy such a good thing, are you a little blind and can't see the forest?" ”

After Ye Kai heard this, he immediately reacted, "Uncle Chu means that I should buy Russia's oil and gas industry?" That's a big investment, isn't it? ”

Although Russia's economy is very tight now, oil and gas are still the two most important industries that can be exchanged for dollars, and it is impossible to easily open them to foreigners.

Moreover, Russian President Boris Yeltsin can be said to be extremely hostile to the republic, and he is also deeply wary of the republics that still adhere to the socialist system.

"I think, with your ability, it shouldn't be a big problem to find a few Russians as puppets, right?" Chu Yunsong said to Ye Kai with a smile, "To acquire Russia's oil and gas resources through contracts, for example, pay 100 million US dollars as a deposit, and take three years or two years as an agreement, and then take out how many billion rubles to acquire the shares of the oil company, if this requirement is not met, the 100 million US dollars will automatically become the other party's funds in the future." ”

After Ye Kai listened to Chu Yunsong, he felt that this method was feasible.

After all, the Americans are manipulating behind the scenes, and once they find that there are funds from unknown sources that want to follow suit, they will naturally have corresponding operations to fight back.

However, if you directly purchase the oil and gas resources of the Russians, the risk will be minimized, in fact, this kind of forward contract method is the same as futures, but the amount of margin invested by yourself is relatively large, but the risk is much smaller.

As long as the ruble can depreciate more than double, Ye Kai will be able to make a lot of money from the resources he purchased, and when the time comes, he can sell the opportunity to others without contributing, and he will make a steady profit without losing money.

Of course, Ye Kai knew that the depreciation of the ruble would reach an incredible level, so he was very sure to do this, and he was planning, whether to invest a billion dollars into it and buy Russian oil and gas resources worth 100 billion dollars with forward contracts?

Once successful, in a year or two at most, Ye Kai will be able to sit on a wealth of hundreds of billions of dollars, and even if he fails, Ye Kai will also have valuable hedging assets in his hands, which will increase dozens of times more than the money he invested.

This business, no matter how you look at it, is not a loss.

"If you don't have enough money, I can kindly lend you $200 million, and then you just need to pay me back a billion dollars." Chu Yunsong suddenly said again.

Ye Kai was drinking tea and thinking about it, and when he heard his words, he was immediately choked, and said in his heart that this old man is a ruthless person, and he puts such a high interest rate on his prospective son-in-law。。