"Of course," Sikong You smiled disdainfully, obviously not taking this matter seriously: "The Federal Reserve first transferred the money from Goldman Sachs and Citigroup, directly transferred it to its own name, and then transferred it to Country M. The account at the largest commercial bank, Bank of America, was then transferred to Bank of America Merrill Lynch."
"Isn't this a waste of time? Can't you just transfer money directly?"
"The Fed explained that this was a need for technical operations, but in fact it wanted to shirk the responsibility to the bankers. If the money does not return to Delta in the end, there is a problem with the bank's payment system. The Federal Reserve has nothing to do with it. In the end, the money did briefly appear in the Delta account, but the bank where the account was located actually froze the money because of 'insufficient funds.'"
"What happens later?"
"Your father sold out all the national debt and transferred huge sums of money from country M to European countries. As a result, this bank is really out of money..." The thing sounded a bit ridiculous, but it was true. Sikong You remembered that year Ling Yang felt sincerely proud of his move: "Because the amount of funds transferred by your father was too large, a large number of banks fell into a liquidity crisis. As a result, the Federal Reserve had to continuously lower the reserve ratio."
"Haha, that's cruel enough,"
The specific process of the matter is that Lingyang had a large number of hidden accounts in these banks, and suddenly all of them were proposed and transferred to Europe. The banks were unprepared and could not withdraw so many. This means that the banks were really I was forced to run out of money, so I had to stop all normal business and raise enough money to give to Ling Yang.
Although this kind of "no money" is not "insolvent" and will not cause bankruptcy for the time being, it will cause a serious credit crisis. Many people know that the bank is in a liquidity crisis and will run to ask for their money to be taken out, causing a run. ,In order to solve this problem, there are usually two ,methods, one is to stop lending, and the other is to ,lower the reserve ratio.
All deposits received by banks must be deposited to the central bank according to a ratio, which is called "deposit reserve". This reserve has always been a tool to control liquidity. Simply put, the higher the reserve ratio, the more money the bank has on hand. The less money you can use, conversely, the more money the bank has on hand.
But the Fed's measures had little effect. Sikongyou told Ling Cang: "They have to give in completely."
"How did this whole thing go down in the end,"
"The President of Country M came forward to coordinate," after a pause, Si Kongyou continued: "From the very beginning, the President of Country M knew about the good things the Federal Reserve did. Although the whole thing was not his idea, he did not interfere in anything. Let’s see if the Fed can succeed. When the situation reaches this point, he can only act as a middleman to mediate disputes between the two parties.”
"So that's what it is,"
"Actually, Country M had one last trump card at that time that could completely defeat your father, which was to use legislative and administrative means to forcibly prohibit the outflow of funds. This would leave your father with absolutely no room to fight back. But if the Government of Country M really If you do this, it means the complete bankruptcy of credit,"
"I understand that from now on, no one will dare to do business with Country M, and no one will dare to invest in Country M. Moreover, previous investors will also use various methods to withdraw their assets from Country M. ,"
"So the government of country M can only do this," Sikong You smiled triumphantly and said slowly: "Since then, country M has never had any ideas about Delta. Although it knows that there are disputes over interests, it is just Just like the fights between politicians on Capitol Hill, it doesn't affect the overall situation,"
"oh,"
"In fact, Delta has become a part of Country M and has very close connections in all aspects. If the government of Country M embezzles Delta, it is equivalent to cutting off its own arm and swallowing it in its stomach."
"My father intentionally tied Delta to Country M,"
"Yes, in order to consolidate this position, we have bribed a large number of parliamentarians and bureaucrats at all levels over the years to protect us overtly and covertly." Sighing lightly, Si Kongyou concluded: "So, for you to use China's national capital I support the introduction of Century Energy,"
"By the way..." Ling Cang suddenly smiled slyly: "My father said that I cannot withdraw Delta's assets in the form of cash, so what about other forms?"
"Didn't say,"
"That's it,"
"Yes," Sikong nodded, but then poured a bucket of cold water on Lingcang: "There are many other forms of assets, but it's useless for you to come."
"Everything,"
"You can only enjoy land and various buildings by going to Russia. In addition, there are a lot of machines and equipment that cannot be sold. Do you want to come and sell them for scrap?" Sikong You counted them one by one: "There are also , there are mountains of weapons, do you want to come and play target shooting..."
"Wait a minute," Ling Cang was startled: "Weapon,"
"When the Soviet Union collapsed, the military and defense departments privately sold a lot of weapons in order to make more money. After the disintegration, the former Soviet Union was divided into more than a dozen countries, and each had a lot of bad debts on hand. They even used a lot of what they had. It was only clarified in 2008. As for how many weapons and equipment there were originally and how many were missing, no one knows,” Sikong You told Ling Cang in a leisurely manner: “Actually, it’s not just weapons and equipment, it’s the same in all aspects, for example... …”
"I only care about the weapons now and what you have on hand,"
"I won't talk about the small ones, let's talk about the big ones..." Sikong You thought about it for a moment, and then told Ling Cang: "I remember that there seemed to be four Sovremenny-class destroyers and two Kilo-class submarines parked in Africa right now. Woolen cloth,"
"Why are there still these things?" Ling Cang is a military fan and knows something about it. Although these two weapons belong to Soviet technology twenty years ago, they are not outdated yet. If they are taken out and modified, they will be quite powerful.
Moreover, these two things are urgently needed in the country. Modern-class destroyers can make up for the shortcomings of the navy's large surface ships, and Kilo-class submarines can enhance the underwater combat power of which the Chinese Navy has always been proud.
"It's not even finished..." Compared to Ling Cang's eagerness, Sikong You obviously didn't take it seriously: "The shipyard owed us a lot of money, so we could only use this thing to pay for it, so we just towed it away."
"Why did you go to Africa?"
"You can't stay in Russia," Sikong spread his hands and said helplessly: "There is no suitable place to stop in Asia. Going to America will easily arouse the vigilance of country M. Only Africa is vast, sparsely populated and barbaric. It was backward and unattractive, so I built a base there,"
"So that's it," Ling Cang immediately proposed: "Bring these ships out, I will be useful."
"Why do you want those things?" Sikong You glanced at Ling Cang strangely: "Do you want to sell them to the country?"
"Then don't worry about it. Anyway, if you bring it up, I will be useful."
"All right,"
"By the way, you and Situ Dao and Sikou Chang have not been in contact for many years. So how do you three giants handle asset matters?"
"Each of us has a confidential contact address for external contact, but the address is not our real location, and it is not managed by us personally. In addition, everyone's address is different. I only know where their two addresses are. , but don’t understand the actual situation there,”
"Since we have this address, why do we say you have never contacted us?"
"Because it is rarely used and is related to official business. We do not make personal contacts. We only send official documents to that address without even attaching a few brief greetings. Although the address is safe, it still requires a lot of process. It doesn’t matter about people’s hands for official matters, because they will be known by others. As for private matters, the fewer people know about them, the better…”
"So that's what happened,"
"I can send the asset withdrawal documents to Situ Dao and Sikouchang right now. I think they will definitely agree, but the whole process will take a few days."
"I'm waiting for your good news,"
"Yeah," Sikong You just nodded and said nothing more.
Ling Cang looked at Si Kongyou and said nothing for a while. When Si Kongyou felt a little strange, he suddenly broke the silence: "For so many years, those weapons have been left in the base to rust."
"We sold some," Sikong You paused, then added: "But your grandfather and father have always been very cautious about selling arms, and the quantity is too much, so most of them are still piled there."
Soviet-style weapons may not have many outstanding features in terms of technology and quality, but they definitely have an advantage in quantity. The former Soviet Union is just like China exploiting the natural resources left by its ancestors. The whole country is working hard to build guns and cannons. Then, just like China hoarding foreign exchange, it can be stored in its arsenal indefinitely.
Political power emerges from the barrel of a gun. The arms business is different from others in that it is very easy to attract attention. Ling Hao can use tens of hundreds of billions of dollars of capital to invisibly play with the changes in the world, but he cannot freely drive thousands of tons of warships. Go, so this caution is understandable.
But this is not what Ling Cang is concerned about: "Anyone who has enough money and a large number of weapons will definitely think of one thing as long as he has a certain foresight."
Sikong You asked calmly: "What's the matter?"
"Raise an army,"
"Yeah,"
"If my grandfather and father didn't have this idea, it would be impossible to hoard so many weapons, because if the weapons are not used, they are no different from scrap copper and iron." Ling Cang analyzed word by word: "Let Su Wouldn't it be more cost-effective for Russia to use gold, oil and natural gas to repay its debts? Why would it end up with so much useless copper and iron piled there rusting?"
"That's because the Soviet Union owes too much money,"