Jeffrey Sachs was hired by Bank of Colombia to market his "shock therapy" in Eastern Europe. This was not a whim of Seryosha. Seryosha had deep considerations for his plans.

At present, it is unlikely that the vast Eastern European region will be ruled by political or military means. The people of this land chose to turn their backs on the Stalinist economy that they had adhered to for decades, and with the fall of communist regimes in one country after another, these countries gradually broke free from the control of the Soviet Union and began to face the world on their own.

When the newly elected new regimes began to take over their countries, most of the Eastern European governments were at a loss. Because they are not facing a vibrant country, they will have to deal with huge foreign debt, soaring prices, and a domestic economy on the verge of collapse. The Stalinist system left behind a large number of inefficient state-owned enterprises that could not generate profits, and because of the shrinkage of light industry and food industry brought about by the Stalinist economic model, the prices of much-needed daily necessities in the country soared, and the people could not even afford the high cost of living. In such a situation, the leaders of the new regime had no choice but to continue to print money and subsidize the purchase of groceries by their own citizens. But subsidies can only make inflation worse.

In the face of their own huge foreign debt, the governments of Hungary, Poland and other countries are at a loss. They simply cannot afford to repay these loans on their own, but without new financing, they will not be able to import enough consumer goods from abroad to meet the needs of the people at home. In this case, there are only three paths in front of them: one is to seek financial support from the United States to repay their foreign debts, which seems simple but is actually very complicated. After all, the US purse bag is not decided by the president but by Congress, and in the face of countries like Poland and Hungary, which lack their own blood-making capacity, the US Congress will not agree to throw taxpayers' money into these puddles. Therefore, Walesa has nothing to do but scold the US government for not keeping its word.

The second way is to ask the IMF for an emergency loan, but the IMF's loan conditions are very harsh, and it is likely that the Polish government will lose its tax and customs rights. In addition, the IMF is actually an international organization manipulated by the United States, and it is very likely that it will also carry some private goods of the Americans themselves. For example, the deployment of American missiles in Poland, or the establishment of American military bases in Poland. Once Poland chooses to cooperate with the IMF, it will mean that Poland will become the front line of the blockade of the Soviet Union and become the watchdog of the United States. Even if Walesa doesn't understand this truth, those intellectuals in Poland will understand it, so this road is actually a dead end.

As for the third way, it is to issue treasury bonds to those powerful financial institutions and private investors in the world. This path is also an impossible task for countries such as Poland and Hungary today, because their credit ratings are now all junk ratings, normal investors will never lend them a penny, and those creditors who are willing to lend them money will not offer much better interest than loan sharks, so this road is still a dead end.

Is there a fourth way in addition to the three? Of course, there is, and that is the foreign debt and economic transformation package proposed by Bank of Colombia and Jeffrey Sachs. Specifically, the Bank of Colombia would take over the central banks of these countries and provide funds to repay their debts, while at the same time reforming their economies in accordance with the economic policies proposed by the Bank of Colombia and Jeffrey Sachs. Inevitably, this involves "shock therapy".

For the Governments of the countries in which they are located, the Bank of Colombia provides funds to cover the huge external debts of those countries. At the same time, Glencore, as well as a large number of agricultural and livestock companies and food companies that Seryosha has acquired in the United States, can also participate in providing these countries with sufficient food and light industrial products. This is simply a tailor-made solution for these countries.

In the case of the Bank of Colombia, once a country accepts the Bank of Colombia's proposal. The Bank of Colombia will automatically be upgraded to the country's central bank. It will monopolize the host country's right to issue notes, the power to manage reserve assets such as foreign exchange and gold, and the power to regulate inflation in the host country through interest rates. In addition, Seryosha's commodities and livestock products can also be dumped in Eastern Europe to gain a stable market. This plan is definitely an opportunity for the Gorky consortium to dominate Europe.

Jeffrey Sachs first came to Poland to meet with Walesa to discuss the country's economic problems. Why choose Poland as the first stop, first of all, this is where the Gorky Group has been operating for many years. Secondly, it is located at the doorstep of the Soviet Union, and its geographical location is very important. Finally, Glencore has now used Poland as a dumping ground for agricultural products, and has effectively realized its plan to control the supply of the Polish market.

Walesa was naturally welcomed to Jeffrey Sachs. Because Jeffrey Sachs had just achieved great success in Bolivia, and the situation that Bolivia faced at the beginning would be similar to that of Poland today, even a layman of economics can see. So when Jeffrey Sachs presented a package of solutions to foreign debt and economic transformation in front of all Walesa's cabinet members, most of Walesa's cabinet members felt a little moved.

"Professor Sachs, do you really think that the Bank of Colombia's plan will be able to save Poland's economy?" Walesa still asked with some trepidation.

"Mr. Prime Minister, this is a package that I have discussed repeatedly with the Bank of Colombia and contains my experience and lessons learned from the Bolivian reform process. I am confident that as long as your country accepts the plan of the Bank of Colombia, within a week inflation in Poland will be brought under control. And I know that in a few months, your country will have a large debt coming due, and if it defaults by then, I don't think I need to say that you know it......," Jeffrey Sachs said confidently.

Walesa's remarks really startled Walesa, now Poland needs to import a large amount of food and daily necessities from abroad to support its people, but if it defaults on its debts, Poland will no longer be able to raise funds from the international market, and I am afraid that there will be no money to import flour.

"Mr. President, the situation is already like this anyway, why not give our Bank of Colombia a chance? I don't think anyone else wants to lend money to Poland except us, right? Mikhail, the president of Bank of Colombia, who had been silent, suddenly whispered to Walesa with a smile on his face.