Soviet Godfather

Vol 5 Chapter 212: Soviet National Debt

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"The Minister of Foreign Trade and Economic Cooperation of the Soviet Union went to London to promote the Leningrad Special Economic Zone Plan"

"Leningrad Special Economic Zone, New Measures of Soviet Reform"

"Message from the Minister of Foreign Trade and Economic Cooperation of the Soviet Union-Willing to share the reform achievements of the Soviet Union with Europe"

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Sergey came to London with a huge plan, and with Sergey's arrival, all the capitalists in the City of London heard the news and rushed to invite Sergey to the sofa. Why Sergey Shah is so popular is thanks to the previous reform and opening-up policies of China, the Soviet Union’s neighbor, which set a good precedent for the special economic zone. This makes the Leningrad Special Economic Zone seem extraordinarily attractive.

There is no country in the world that is broader than the Soviet Union, and there is no country richer in resources than the Soviet Union, and the industrial base of the Soviet Union is not known how many times better than China. When such a red giant put down his arms and started to learn to do business, most investors in the world believed that the Soviet Union would succeed. Therefore, just before Ulyanov arrived in London, the Soviet Ministry of Foreign Trade and Economic Cooperation and the Soviet Foreign Trade Bank had already released the news to the media through various channels. All of a sudden, various economists began to analyze how much the Soviet Leningrad Special Economic Zone would bring to the entire European economy. The Soviet Union has a population of nearly 300 million. The consumption and purchasing power of these 300 million people is even higher than that of China. Such a country is much stronger. After all, China has just basically solved the problem of food and clothing, while the Soviet Union is a developed country that has popularized refrigerators, televisions, and tape recorders, and is pursuing a more prosperous life. The goals of the two countries clearly show the differences in the backgrounds of the two countries.

According to Sergey Sha’s plan, when he arrived in London, he would first attend a buffet hosted by the London Bankers Association. After all, Sergey Sha still had the status of a foreign member of the British Bankers Association. Moreover, in the eyes of most British media, Sergei Sha is the Soviet Union's top official who understands the market economy best. In his speech at the buffet dinner, Sergey Shah threw an amazing financing plan to the British financial community. In order to build the Leningrad Special Economic Zone, the Soviet government decided to issue a ten-year period of US$500 billion on the British open market. The interest on Soviet government bonds is about 5%, all denominated in U.S. dollars. The amount of this financing plan alone has set a European record in recent years. Moreover, because the Soviet Union’s foreign debt repayment record is very good, there has never been a debt default or overdue situation, so most of the British financial institutions have given this batch of Soviet bonds a AAA rating, which means this batch of Soviet bonds. The security of national debt is the highest in the world. With such a high level of security and at the same time having such a high interest rate, it is simply the most ideal investment target for large financial institutions. After all, the interest rate on US bonds is only two or a few percent or even lower, so many financial institutions are following the wind and want to make a fortune from the wind.

In fact, Selesha knows very well that the Leningrad Special Economic Zone has not even demarcated the land, and the system regulations, staffing, budget and short-term, mid-term, and long-term planning of this special zone have nothing. It’s almost a blank sheet of paper. When Sergey came to London, he only brought a plan similar to a PPT for later generations. Most of the plan was pictures, and there were very few words. It can be said that it was completely empty in London. Gloves of the white wolf. If it weren't for his status as a Soviet minister and the Soviet government behind him, the whole plan and fraud would actually be no different. In the final analysis, this is a shocking scam carefully concocted by Sergey Sha. Once exposed, the ultimate victim is the European banking industry, and the Soviet government, in addition to a lot of debts that can never be paid off, Get nothing.

But now Sergey Sha wants to weave a dream of wealth for the European banking industry. So Serosa began to frequently attend various financial events in London. Although the European economy has recovered, it is still growing weak. The engine of the world economy has been suspended for many years in the United States. Although Japan’s economy is developing rapidly, However, the Japanese market is extremely exclusive, and their product competitiveness is so huge, the positive impact on European countries is far less than the negative impact, and Sergei Sha’s reform plan seems to let the entire Europe see an economy that is about to take off. Growth rocket engine. In Sergei Sha’s speeches time and time again, he described to investors that the Soviet Union’s economic reforms would bring more positive stimulus to Europe. Lending money to the Soviet Union, and then using the Soviet Union’s economic growth to drive the economic growth of the entire Europe, while using the Soviet Union’s rich natural resources to solve the problem of the supply of energy and production materials in the European market, this is simply a perfect combination, and the most important thing is Yes, once the economic exchanges between the Soviet Union and Europe become more frequent, the iron curtain will also be broken, and the days of harmonious development in Europe are simply within easy reach.

With such a beautiful vision, the European banking industry is full of confidence in the prospect described by Sergei Sha, and firmly believes in it. And Sergei Sha’s plan also aroused great interest from the British government. Over the past few years, the UK has been working hard to reshape its position as the economic center of Europe. The 500 billion financing scale is definitely the largest financing plan in the world in the past decade, and it is guaranteed by the national credibility of the Soviet Union as a superpower, no matter what angle you look at. , Putting this financing plan in the United Kingdom is of great benefit to the promotion of the City of London’s status as an international financial center~www.wuxiaspot.com~ It is a pity that it is not only the British who thought of this. During the meeting, Prime Minister Thatcher did not take the initiative to promise anything, because he hoped that the British government would provide more favorable terms. But just after he left the prime minister's residence at No. 10 Downing Street, the French ambassador immediately called him to his hallway, requesting that he be able to visit him the next day.

Sergey Shah would naturally not shirk the opportunity presented to him. Anyway, cheating one is also cheating, cheating two is also cheating. At this time, if fish take the initiative to bite the hook, the more the better. So Sereosha invited the French ambassador to his station the next day.

Early the next morning, the French ambassador to the United Kingdom brought his economic counsellor to the hotel where Sergei lived. The two hadn't been in contact before, so they chatted for a while. When the topic entered the topic, the French ambassador carefully asked Sergey about the Leningrad Special Economic Zone plan. Sergey noticed that the Economic Counselor of the French Embassy kept recording in his notebook. What, it seems that I have to write down every word Sergei said.

When Sergei finished what he wanted to say, the French ambassador asked respectfully. I wonder if Minister Ulyanov intends to accept French investors to participate in this huge plan of your country?

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