Bright Sword: Start with Ding Blast Bridge, Homemade Sweet Potato Cake
Chapter 729: The Fund's Loss is Conservatively Estimated to be Hundreds of Millions
In half a year, a lot may happen, or nothing may happen.
Ding Mu was obviously lucky, or Ding Wei lied from the beginning. It was not three to five years at all, the big white bear would suddenly disintegrate in the second year.
The incident happened suddenly and was beyond everyone's expectations.
Half a year after Ding Mu handled the real estate, a lot of secret news came out from within.
These news began to spread wildly in the market, causing panic.
After everyone panicked, what they were most worried about was the devaluation of the money in their hands. The only solution they thought of was to find a way to exchange it into US dollars.
The US dollar is currently the most stable currency and is relatively value-preserving.
Ordinary people have no way or means to exchange foreign currency. That is a method used exclusively by privileged people, and ordinary people cannot even get involved.
This is thanks to the cleverness of these people who were working against the odds. The banks they opened just fit in with the white bear's self-rescue strategy, opening up a certain degree of financial liberalization, allowing international investment banks, commercial banks, and insurance institutions to start pouring in.
These private banks can exchange currency.
As soon as a little bit of news came out, some people began to exchange their currencies in large quantities and exchange them for US dollars.
In just one morning, there was a large-scale exchange boom, with 10 billion US dollars exchanged.
The people who were happily drinking red wine a while ago suddenly turned pale with fright.
They invested more than 10 billion yuan to set up a private bank, with the original intention of taking advantage of low deposit interest rates, and then transferring the profits to other investments to earn the difference.
The plan is to make several hundred million every year.
The bank has just been opened and has not done anything yet, so how come a run on the bank suddenly happened?
There is no need to worry about bank runs or anything like that. After all, there are more than 10 billion in reserves, and these funds raised can be raised.
Their channels are a little slow after all.
By the time I figured out what was going on and realized something was wrong, the situation had already taken a turn for the worse.
Sudden changes lead to massive devaluation of currency
It's like a bottomless pit, sucking in billions and hundreds of billions.
After all, the great white bear is still in very good health, and its overall value is estimated at 28 trillion. Any small fluctuation will result in a change of tens or hundreds of billions.
It would be great if these fundraising funds could get 10 billion together.
People are no longer concerned about money and finance, but whether they can have enough food. Bread and milk are necessities of life, and if you don't have them, you will be hungry.
The several light industrial factories acquired by Ding Mu, especially the food factories, suddenly became extremely important.
The value of vodka, canned food, etc. is directly reflected.
Anov was very happy. He also had several large fish canning factories in the Far East, and he mobilized trains to transport goods to the tense western region.
Once panic sets in, it sweeps in like a storm.
The more worried people are about the severity of the situation, the more they should start stockpiling supplies.
At least you should buy enough daily necessities for food, clothing, housing and transportation. Before the money in your hands depreciates, you should exchange it for bread or other food that can fill your stomach.
Inflation is something that cannot be curbed. Once there are major changes in the situation, the process will be exacerbated.
The depreciation of the ruble cannot be stopped. The establishment of a monetary system itself depends on the credibility of the regime. When the credibility becomes negative, who will believe it?
A currency without credibility is so crude that it cannot be eaten or worn even if used to wipe one's butt.
The opportunity once again gave Ding Mu the chance to continue privatizing a large amount of real estate, and on the basis of 30 large factories, quickly swallow up more than 200 small and medium-sized factories.
Then the cheap food was traded for cheap cars, a process that was nothing short of crazy.
Cars worth tens of thousands of dollars were reduced to a few thousand dollars, and the tickets were used to exchange for 1.8 cars of various types at low prices.
Even the entire automobile production plant was exchanged.
200 billion US dollars disappeared from the market at a terrifying speed. Most of the oligarchs began their carnival, and more international businessmen fled.
The fall of the great white bear became an earthquake of international magnitude.
All eyes and attention shifted to this alliance with a strong foundation.
Just a piece of the pie is enough for everyone to have enough food and clothing.
When I first invested, I underestimated the market volatility. I thought it would increase five or ten times. But now, the currency has depreciated by dozens of times.
A truckload of clothes can be exchanged for a truckload of steel.
A cart of food can be exchanged for a locomotive.
It supported a large group of speculators who relied on the railway to move and transfer a large amount of real estate.
Buy at a low price and sell at a high price, and the back and forth transactions are enough to make a fortune.
The biggest trader should be Arnof, who collected 10 billion yuan and even embezzled some military funds, using his privileges to transport carloads of supplies to the Far East.
Then he begged Ding Wei to help him digest these supplies.
They then purchased canned food, daily necessities, clothing and other light industrial products from Ding Wei, and transported them to the west in trainloads.
According to conservative estimates, Arnold could make tens of billions from reselling the products.
With a capital of 10 billion US dollars, it is easy to increase it tenfold.
So Ding Mu invested 200 billion US dollars and got at least 2000 billion out of it.
You can't chew too much if you eat too much. Ding Mu started to prepare to stop, and stopped the idea of continuing to invest when the market was still turbulent.
They began to transfer their real estate, and nearly 2 cars purchased at low prices were taken away by cruise ships.
The cost of sea transportation is extremely low, and cars can be transported directly from the port across the ocean to various subsidiaries for sale.
The purchase price of this batch of cars alone is about 800 to 900 million yuan. It will be no problem to make 800 to 900 million yuan by reselling them.
Many people in China have also come to a place where they are unfamiliar with the place. The brave ones will die of overeating, while the timid ones will die of starvation.
Find a way to exchange supplies for large quantities of steel, equipment, etc. As long as the supplies are shipped in, or with just a little bit of money, you can reap a lot.
Among the scrapped steel are weapons such as tanks and rocket launchers, which are all high-quality scrap steel.
Recycling and re-smelting will produce good molten steel.
During the initial stage of industrial development, the products can be pulled back and remanufactured.
This is much more convenient than mining, smelting and processing. They are all semi-finished products that can be taken back and used in production after a little processing.
A group of steel merchants also came and, after obtaining approval documents, brought truckloads of steel into the country.
Looking at the train going from west to east, I could see how many carriages of stuff they had taken away when they wiped out the Kwantung Army, and now they were bringing them back intact.
Ding Mu reaped a great harvest, having harvested enough in advance, leaving behind more than 200 factories. He first made out his own capital, and then earned about 1500 billion yuan before evacuating directly.
The value of the remaining factories and mines has not depreciated much, so they can continue to produce and lay eggs for a long time.
Many wealthy businessmen also had some leftovers, and by the time they raised funds and started reselling the goods, it was already too late.
Most of it has been divided up by the oligarchs, and Rose Island is definitely not as well-fed as it used to be.
The other unlucky guy had prepared a large amount of funds in advance, but he chose the opposite and exchanged a large amount of currency.
Once the currency depreciates, it will be faster than fire, which is equivalent to the direct evaporation of billions.
According to conservative estimates, he lost his entire fortune!
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