Chu Yunsong looked at Ye Kai with satisfaction and agreed with his low posture. He took a sip of tea, but found that it had reached the bottom. Ye Kai immediately came over with a teapot to refill him, acting like a waiter.
Face...
"It seems a bit hot, please drink slowly, sir." Ye Kai tested the temperature of the outer wall of the teapot with his hand and said to Chu Yunsong diligently.
"Well." Chu Yunsong nodded, then motioned for Ye Kai to sit down, and then said to him, "Actually, my idea is very simple. The premise is that your point of view is correct and the ruble will indeed fall sharply.
"
"I can guarantee this." Ye Kai nodded, "How can I be in trouble with my own money?"
No one can guarantee this better than Ye Kai, and no one knows better than him how the ruble will fall.
After all, this is a destined tragedy.
Russia chose to seek help from the United States and become fully Westernized, which was wrong in itself. Especially when they relied on Americans to carry out economic system reform and currency system reform, it was even more wrong.
In Ye Kai's memory, from the strong ruble under the fixed exchange rate system of the former Soviet Union to the sharp depreciation after the Russian currency reform, from 1 ruble to 2 US dollars to 1,400 rubles to 1 US dollar, what happened? From 1 ruble to 2 US dollars.
How did such a huge depreciation occur when the U.S. dollar exchanged for 1,400 rubles per U.S. dollar? Behind the shocking reality is a long-planned conspiracy.
In front of the Americans, the Soviet Union, with its finances undefended, began financial liberalization without preparation or supervision. It was this move that brought serious disaster to the Soviet Union.
After the disintegration of the Soviet Union, financial investors who intensified their efforts continued to attack the ruble through other means.
On the one hand, there are accurate research reports from international financial institutions and overwhelming negative reports from the international financial media. On the other hand, the securities prices of state-owned enterprises in the former Soviet Union continue to fall rapidly.
The people of the former Soviet Union exclaimed what was going on, but they had no choice but to join the selling army and kept "selling, selling, selling" while the market "plummeted, plummeted, plummeted again."
In this way, smiling foreign capital and financial investors used borrowed money from others (money from people, businesses and financial institutions of the former Soviet Union) to acquire state-owned enterprises in the former Soviet Union.
After using borrowed money to buy state-owned enterprises in the former Soviet Union, foreign banks and international financial investors faced a difficult problem: How to pay the huge ruble principal and interest borrowed?
Not to mention the astronomical principal, even the payment of interest has become a problem.
If the ruble is not forced to depreciate within a period of time, foreign banks and international financial investors will lose all their money and have no choice but to go bankrupt.
At this time, the most incredible financial event in the history of international finance happened: under the advice of American exchange rate finance experts in Russia, the Russian government responded by liberalizing the ruble and allowing the ruble and the U.S. dollar to float freely.
Ruble black market trading.
The normal financial stability management of the Russian Central Bank gave way to the advice of internationally renowned financial experts, and the country's financial management sovereignty gave way to the supervision of the so-called impartial opposition media. The high-profile promotion of political democracy and opposition to centralization concealed the danger of excessive financial liberalization.
Simply put, this is a man-made financial crisis, a Russian financial crisis led by Americans.
After the reform of the former Soviet Union and the rapid opening up of financial liberalization, the phenomenon of people queuing up to buy in the former Soviet Union reappeared, but this time what they were buying was not commodities, but U.S. dollars. They desperately exchanged their rubles for U.S. dollars.
Snapping up U.S. dollars has become an inevitable choice at that time.
Due to large amounts of short-term borrowing by foreign banks, inflation in the Soviet Union has become quite common after the disintegration. Overreliance on investment for short-term economic growth has only added fuel to the fire.
In addition, when the market was rapidly opened, short-term insufficient supply of consumer goods also caused prices to skyrocket. The people of the former Soviet Union were eager to cash in the paper wealth gained during the reform, which also contributed to the speed of inflation.
For example, a worker in the former Soviet Union received a security equivalent to 100 rubles. Even if the security of 100 rubles could only be obtained in banknotes equivalent to 50 rubles, he would be eager to cash it out, resulting in a huge increase in currency on the market.
Deposits in banks are no longer safe. Once inflation intensifies, people will withdraw their original deposits and exchange them for physical objects to preserve their value. This cycle makes Russia's inflation out of control like a wild horse.
Unreasonable short-term rapid reforms and uncontrolled currency and credit have exploded in a short period of time during the process of rapid financial liberalization. This kind of destructive power is very shocking.
In the huge whirlpool of hyperinflation, rational individuals will look for ways to preserve value. At this time, the timely opening of the ruble to the US dollar undoubtedly gives people a glimmer of hope.
The U.S. dollar suddenly became the most sought-after fashionable product in the Russian market. This was a kind of mass madness, a pity and lamentable madness. The streets, especially the entrances of foreign banks, were lined with anxious people holding rubles to exchange for U.S. dollars.
people.
Private banks that did not require queuing suddenly turned into a sea of crowded people, and the free fragrant coffee was gone. The smiling VIP service also turned into mocking instructions. The people of the former Soviet Union have changed from VIPs depositing money to praying for redemption.
Dollar Beggar.
Under the herd effect and spreading panic in the market, the pessimistic views on the ruble's trend were infinitely amplified, and the sharp depreciation of the ruble that some international financial investors hoped to see soon arrived. The ruble's trend in the foreign exchange market was only
It can be described with two words: "tragic".
When the ruble was at its highest, 1 ruble was worth 2 US dollars, but its decline was so fast that it was jaw-dropping. The short-term trend of the ruble once again triggered people's panic, which in turn prompted the ruble to fall further.
Finally, the ruble foreign exchange market collapsed, and soon the ruble fell to 100 rubles per US dollar.
The media has been controlled by international financial experts, which has intensified the spread of panic about the ruble. Although the situation is extremely bad, the innocent people of the former Soviet Union who hold rubles have to throw away the rubles and exchange them back with tears.
The dollar, struggling to find any remaining value in the ruble currency.
The ruble foreign exchange market was completely crushed. Cunning arbitrageurs purchased state-owned assets of the former Soviet Union at low prices and escaped huge ruble debts. It is no exaggeration to say that this kind of devaluation is rare in the entire history of international finance.
of.
Calculated based on the highest exchange rate of the ruble at that time, the final actual depreciation of the ruble reached 112,000 times. In history, unless it is a war period, there has never been such a rapid fluctuation in the currency exchange rate of a sovereign country. In 1945, China was wartime.
The rate of inflation pales in comparison.
"Since you are sure of what you want to do, I will show you a way." Old God Chu Yunsong said on the ground, "What is the most valuable thing in Russia?"
"Huh?" Ye Kai was stunned for a moment after hearing this.
This question is so strange.
"Oil and natural gas!" Chu Yunsong immediately clicked on Ye Kai, "If you leave such a good thing and don't buy it, are you a bit blind and missing the forest?"
After Ye Kai heard this, he immediately reacted, "Uncle Chu, what you want is for me to acquire the Russian oil and natural gas industry? This investment must be huge, right?"
Although Russia's economy is very tight now, oil and natural gas are still the two most important industries that can be exchanged for US dollars. They cannot be easily opened to foreigners. Even if the entire Russian state-owned assets can be auctioned, it will not be possible.
These things will be given to foreigners.
Moreover, Russian President Yeltsin can be said to be extremely hostile to the Communist Party, and he is also deeply wary of the republic that still adheres to the socialist system.
"I think, with your ability, it shouldn't be a big problem to find a few Russians as puppets, right?" Chu Yunsong smiled and said to Ye Kai, "Acquire Russia's oil and natural gas resources through contracts, for example, first
Pay 100 million U.S. dollars as a deposit, and agree on a three-year or two-year term. At that time, how many billions of rubles will be spent to acquire as many shares of the oil company. If this requirement is not met, the 100 million U.S. dollars will automatically become
The other party’s funds.”
After hearing what Chu Yunsong said, Ye Kai felt that this method was feasible.
If we only operate from the international financial market, the risk is still relatively high. After all, Americans are behind the scenes. Once they find that there are funds from unknown sources that want to follow suit, they will naturally take corresponding operations to counterattack.
However, if you directly purchase Russian oil and natural gas resources, the risk will be minimized. In fact, this forward contract method is the same as futures, except that the amount of margin invested is relatively large, but the risk is much smaller.
As long as the ruble can depreciate more than double, Ye Kai can make a lot of money from the resources he purchased. If he doesn't invest the money himself, he can sell the opportunity to others and make a sure profit without losing money.
Of course, Ye Kai knew that the depreciation of the ruble would reach an incredible level, so he was very confident in doing this. He was planning whether to invest one billion US dollars in it and use forward contracts to acquire assets worth 100 billion.
Russian oil and gas resources in US dollars?
Once successful, Ye Kai will be able to own hundreds of billions of dollars in wealth within a year or two at most. Even if he fails, Ye Kai will still have valuable value-preserving assets in his hands, which will increase in value several times more than the money he invested.
ten times.
This business, no matter how you look at it, is guaranteed to make a profit.
"If you don't have enough funds, I can lend you 200 million U.S. dollars as a friendly gesture. Then you only need to pay me back 1 billion U.S. dollars." Chu Yunsong suddenly said again.
Ye Kai was drinking tea and thinking about it. When he heard what he said, he immediately choked and thought to himself that this father-in-law is such a ruthless person. He even lent such a high interest rate to his prospective son-in-law!