Reborn Financial Overlord
Page 55
and so on.
After the disintegration of Russia, which inherited most of the legacy of the Soviet Union, it implemented a shock plan to reorganize its economy.
The so-called shock plan is to fully liberalize the Russian financial market and use the invisible hand behind the market to repair the struggling Russian economy.
And here, the ruble has become a real free currency and realized free circulation.
The freedom of a free market is manifested in non-interference in the market.
Therefore, during the implementation of the shock plan, the ruble depreciated wildly like a waterfall.
The reason is very simple. This is a shock plan formulated by Russia to let go of the fixed exchange rate of the currency and change it to free market pricing.
As a result, the suspended animation of shock turned into real death.
The ruble collapsed across the board.
In such a market, can you make money as long as you borrow money to sell in the early stage of the ruble liberalization?
the answer is negative.
The reason why the ruble depreciated wildly later was because no one bought it, and no one bought it meant that it could not be sold.
The original attribute of the ruble is an accounting voucher, which means that it is worthless in itself.
So even if you can borrow rubles after the disintegration of the Soviet Union, there is only one result.
The underpants are all lost.
Many long-term capital management companies in the United States and Soros, an international capital tycoon, are the best examples.
These people borrowed a large amount of rubles from Russia in the form of capital injection when the ruble was at a high level. After the short positions in their hands were established, the ruble collapsed and plummeted.
Theoretically speaking, the short position and the sharp drop of the short selling target should make money.
But the actual result, whether it is Soros or those long-term capital management companies, is losing money like a dog. Quantum Fund lost as much as 20 billion U.S. dollars, and many long-term capital management companies lost money to the point of needing a bailout by the US government.
This is a very ironic, ridiculous and illogical result.
And the reason why there is such an unbelievable result is because of a common sense logic.
Under normal circumstances, when a country's currency is about to collapse, any country will spare no effort to save the currency system in order to avoid the complete collapse of the national economic system.
Otherwise, the country's international credibility will be zero.
No country can afford the consequences.
That's the problem.
Polar bears are called polar bears because they are real bears, and bears never eat dead things.
The best way to avoid being killed is to commit suicide.
When the Russian central bank chose to commit suicide, a huge loophole appeared in the basic logic of short selling.
The ruble has depreciated greatly, but it also means that the ruble borrowed in advance cannot be sold in the hands, and as a result, the borrowed ruble can only be watched as it rots in one's own hands like waste paper.
This is a very rogue trick, but it is also a very effective trick.
Then can't polar bears be sold for small money?
of course not.
On this point, there is a country that once wrote a textbook.
third brother.
Before the collapse of the Soviet Union, before the Russian shock program.The government of the third brother borrowed 100 billion rubles from the Bank of Moscow.
Ten years later, India returned 100 billion rubles to Russia.
When India borrowed rubles, 0.9 rubles were exchanged for 1 U.S. dollar, and when repaying the money, 1 U.S. dollar was exchanged for 3800 rubles.
It’s just that individuals and companies naturally cannot guarantee their reputation like a country. Even if they borrow money from polar bears, it is difficult to exchange large rubles for dollars.
unless......
Yau Ma Tei Fruit Bar, the second floor of Yun Kee Wholesale Market.
The not-so-large space was turned into a temporary conference center.
A dark red table more than three meters long was placed indoors, surrounded by a dozen men with big arms and thick waists.
The top seat is Peng San in a suit and tie.
"Brothers, I think everyone knows about Lian Kun. In five years, Lian Kun himself embezzled 3000 million yuan, and he gave more than [-] million yuan to Baipizi as filial piety."
No one answered.
Those who can come here are the core members of Yunji.
Of course they knew how much money Lian Kun had made in these years, and they also knew how much money Lian Kun secretly sent to the British for the development of the society.
Not convinced, of course.
It's just that no one dared to say anything.
In the past week, all the dissatisfied members of Yunji had accidents, and even the Qingshan Club sent people to put pressure on it, and a hall of the Qingshan Club was raided overnight.
That horrible night is terrifying to think about.
Thunder Clap.
It's not a fight between clubs at all, but like a night's battle in Shura Field.
"I promised all my brothers that half of the profits given to the British before will be distributed to all brothers in full. Do you have any objections?"
"no!"
"I agree with the third brother's decision. Lian Kun used to give the club's funds to those ghosts. I have long disliked him."
"I thank the third brother on behalf of my brothers."
"..."
Some people agree with it sincerely, while others are forced to deal with it.
With the terrorist forces displayed behind Peng San, no one refuted it.
"There are some things I want to say in advance today. Whether you believe it or not, I will make a detailed financial report on the profits of the association in the future. I guarantee that everyone's share will not be short of a penny. But there are some things I hope Everyone don't touch again..."
"If the community wants to develop, it must follow the right path. 97 is coming soon, if anyone dares to find trouble for me at this juncture, then don't blame me for being rude."
"..."
Chapter 66 First Security
Someone couldn't help it.
Yunji has more than 1000 members inside and outside.
In Hong Kong, there are so many people with their families who can't support themselves just by the legitimate profits of the fruit wholesale market.
The purpose of coming out to make a living is to support the family, and if you don’t work in the profitable industry, where else can you go to earn a living?
"Third brother. I'm not against it. I also know that you are worried that the society will be liquidated after 97. But we are a gangster society. If you don't start work, you will lose your job. There are still seven or eight mouths waiting for dinner at home. See if you... ...."
People, always lack a big brother to take the lead.
Someone spoke first, and immediately someone else spoke.
"Third brother. Brother Yao is right, if you don't start work, you can't live on business in the wholesale market!"
"Yes, third brother, do you see..."
"..."
Peng San listened quietly.
Holding a cigar left by the dead ghost Lian Kun in his hand, he slowly cut it.
To be a big brother, you have to overwhelm the younger brother with momentum.
It has to be moderately aggressive.
Like smoking a cigar.
That's not how it works in movies.
A faint fragrance surges from the taste buds, with a hint of sweetness.
A fine Cuban cigar.
After savoring it very much, Peng San took a deep breath.
"Ow..."
The chaotic second floor suddenly became very quiet.
The eldest brother Peng San bent over and retched as if he had been poisoned.
"Pfft."
I don't know who couldn't hold back the laughter.
With this smile, many people pursed their lips.
The chaotic and exciting atmosphere in the room was relieved, replaced by a funny and joyful atmosphere.
Coercion failed.
Peng San blushed involuntarily, he knew that he might have made a fool of himself.
"Cough cough!"
He threw away the cigar in his hand and coughed twice to cover it up.
"Did I say not to let everyone start working?"
When it came to business, everyone immediately suppressed their laughter.
Someone asked unwillingly.
"You can't sell drugs, you can't operate a meat stall, and you can't collect protection fees. How can you start working? They all go to the streets to pick up trash!"
"Third Brother, don't be angry. Brother Yao just speaks his mind..."
Peng San was not angry.
Force can be used to suppress for a while, but it is useless to prevent people from eating.
"I know everyone is very dissatisfied. But have you ever thought about it? 97 will be a few years away. At that time, believe it or not, you will be shot immediately for selling drugs?"
"In the eyes of the British, Hong Kong is just a colony. We Chinese are no different from black slaves. As long as we have money, we can do whatever we want."
"But can the mainland government do this? Absolutely not. How could the imperial capital allow Heishhui to open at will? What is the majesty of the great country?"
The crowd fell silent.
"In the past few years, you should have heard that the three major associations are transferring their influence to Amsterdam and Canada. Why? They are not worried about being dealt with in the future. The three major associations are all afraid. How many of our heads have been chopped off? If you don't go the right way, That would kill."
"Of course, if you can immigrate in the future, I didn't say anything."
Immigrants are so easy to immigrate.
It's okay to be alone, dragging your family and wanting to go out is no different from going to heaven.
There are no millions of dollars, except for smuggling people.
What's more, any country will directly reject the identity involved in the underworld.
Silence, silent silence.
Everyone understands the truth.
But after all, there are still a few years left in 97, if the current life can't go on, what's the future?
If no one speaks, this meeting cannot be opened again.
Peng San winked at his younger brother Bai Mao who was dragged up with one hand.
Baimao understood, he used advance as retreat.
"Third brother. 97 is still early, but if we don't start work now, we will be hungry soon!"
You'll Also Like
-
The Age of Rebirth: The Fake Daughter Relies on Cultivation To Become Bigger and Stronger
Chapter 64 11 hours ago -
Shinobi: I'm Really a Supportive Ninja
Chapter 380 14 hours ago -
Hokage Arena, I am Ye Yun, Uchiha!
Chapter 152 14 hours ago -
Naruto: Six Paths of the Senju Family
Chapter 279 14 hours ago -
The Muscle God of the Uchiha
Chapter 435 14 hours ago -
Naruto: Blacked-out Uzumaki Naruto is Super Handsome
Chapter 165 14 hours ago -
The Magical Journey to Hogwarts
Chapter 954 14 hours ago -
I was rejected when I wrote a song, but I became a king on my debut
Chapter 240 14 hours ago -
Infinite Terror of Others
Chapter 129 14 hours ago -
My Skills Have Special Effects
Chapter 473 14 hours ago