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Chapter 340 The action has begun

On June 6, 1992, Ye Kai took a plane again and flew directly to Moscow.

This is already his third trip to Moscow within a year. It is indeed difficult to describe the fate of his life.

To say that more than a year ago, his father Ye Ziping was kicked out of the Propaganda Department and came to Moscow for a visit to Moscow as a helpless move. Then Ye Kai turned his hands into clouds and rain, stirring up the general trend of the world and destroying his father Ye Ziping in one fell swoop.

Pushing it flatly to the altar is the finishing touch.

This time when he went to Moscow, Ye Kai also brought many people with him.

The first thing worth mentioning is Zhong Liyu. She followed Ye Kai this time to serve as Ye Kai's economic agent, to contact the powerful people in Moscow and finalize some asset acquisition plans that had been made before. In fact,

We have already done a lot of these things, and this time we will focus on acquiring several oil companies and oil fields.

Taking advantage of the impending massive depreciation of the ruble, Ye Kai obviously planned to kill the Russians severely.

In addition, there is Wang Luodan, the daughter of the Commander of the Navy. She appeared with Ye Kai as a ship technical expert, so there should be a chance for her to play a role.

The other is Xie Junyu. As the registered disciple of the master, Xie Junyu's kung fu is extremely outstanding, so she appears as Ye Kai's security personnel.

It's just that Ye Kai is also a little troubled by this. Without him and Xie Junyu in Shengwang New District, Huo Donglai, secretary of the Party Working Committee, can be said to be covering the sky with one hand. This makes Ye Kai feel a little unhappy, a little worried, and a little unhappy.

Don't worry, but there is no other good way.

But one thing is certain, that is, the big projects I have on hand have begun to settle in Shengwang New District. Once these important enterprises settle in, no one can contain the development of Shengwang New District.

Already.

In order to ensure the smooth progress of this matter, Ye Kai also specially entrusted his boss Ye Jianhuan to go to Jiangzhong to take charge.

With the great god Ye Jianhuan sitting in charge, people in the river would not dare to mess around.

Ye Kai couldn't rest in his heart on the plane and thought about a lot of questions. Regarding Chen Zhaowu's matter, although he said it was difficult to do anything because of Mr. Ye's order, it was fine to say that he didn't have any opinions in his heart.

impossible.

Although Chen Zhaowu is indeed old, he is not as old as Mr. Ye. Now he is pretending to be an old fool and instructing the people under him to do whatever he wants. No one knows what will happen in the future. If he is allowed to live a hundred years

Next year, doesn’t it mean that it will harm the country for another three to forty years?!

Ye Kai has objections to Mr. Ye's tolerant policy, but for now, he will not take action, otherwise it will be too disrespectful to the old man. How to do it will still have to fall to his son and grandson Chen Zhaowu

on the body.

If Chen Zhaowu's son, Deputy Director of the General Political Department Chen Jianhao, could be brought down, Chen Zhaowu would probably be really angry to death. As for his two grandsons, they are already useless.

"What are you thinking about?" Wang Luodan sat on the side of Ye Kai and asked when he saw that he was thoughtful.

Domestic airlines have also begun to introduce foreign cabin classification systems. They sit in the first class cabin, which has very complete facilities. There are several people sitting in it. Those who should sleep can sleep, and those who are not sleeping can listen to music or watch movies.

Reading or something, Ye Kai was in good spirits and kept his eyes open.

But Wang Luodan could tell that Ye Kai was worried, and he didn't know what was going on in his young mind.

Just from the fact that Commander Wang ordered his daughter to obey Ye Kai's command, Wang Luodan knew that Ye Kai's identity must be extraordinary. And what she already knew was that Ye Kai had the rank of major general and was also a deputy department manager.

Committee Chairman, this can only show that Ye Kai's ability is very terrifying.

"I am thinking about things in Russia. In fact, it is only more than a month since I came to Russia last time, but from the feeling, it seems that I have been away for a long time." Ye Kai replied.

Wang Luodan thought for a while, but finally couldn't understand the meaning of Ye Kai's words.

It wasn't until they landed at Moscow Airport and the car drove onto the street that Wang Luodan understood what Ye Kai meant. From Ye Kai's description, the difference between this place and a month ago was really big.

In January this year, Russia began to implement "shock therapy" with the help of the Americans.

The highlight of shock therapy, which is also the first step, is to liberalize commodity prices.

The Russian government stipulated that starting from January 2, 1992, 90% of the prices of consumer goods and 80% of the prices of means of production will be liberalized. At the same time, restrictions on income growth will be lifted, public employee salaries will be increased by 9%, and pension benefits for retirees will be increased.

It was raised to 900 rubles per month, and family allowances and unemployment benefits also increased accordingly.

In the first three months of price liberalization, the results seemed to be immediate and obvious. The long shopping queues disappeared and the shelves were full of goods. Russians who were accustomed to waiting in long queues for tickets seemed to see the benefits brought by the reform.

But not long after, prices skyrocketed like a kite with its string cut off. By April, consumer goods prices were 65 times higher than in December 1991. The government originally wanted to stabilize prices through state-owned stores, but unexpectedly, black market vendors colluded with state-owned store employees and sold the goods

By reselling and making huge profits, the government's wishful thinking failed and the market order was in chaos.

Due to the premature liberalization of fuel and raw material prices, enterprise production costs increased sharply. By June, the wholesale price of industrial products increased 14 times. Such high prices discouraged buyers. The consumer market continued to be sluggish, and weak demand in turn suppressed supply. Enterprises

Production has been reduced one after another, and market supply and demand have entered an endless cycle.

The second step of shock therapy is that the fiscal and monetary "double tightening" policies are introduced almost simultaneously with the price reform. Fiscal tightening is mainly to increase revenue and reduce expenditures. All tax incentives are cancelled, and all goods are subject to a 28% value-added tax, and at the same time an increase

A consumption tax on imported goods was levied. In conjunction with the revenue-raising measures, the government reduced public investment, military spending and office expenses, incorporated extra-budgetary funds into the federal budget, and restricted local governments from using bank loans to cover deficits.

Tight monetary policy includes increasing central bank loan interest rates, establishing a deposit reserve system, and implementing loan limit management to control money flow and curb inflation from the source.

However, this time the government miscalculated again.

Due to excessive tax burdens, corporate production has further shrunk, and the number of unemployed has surged. The government has to increase relief subsidies and direct investment, and the fiscal deficit has risen instead of falling. The tightening of credit has caused serious shortages of corporate liquidity, and companies have defaulted on each other. Triangular debt has become increasingly serious.

.

Under such circumstances, the Russian government was forced to loosen money and issue an additional 18 trillion rubles of currency in 1992, 20 times the amount issued in 1991. Amid the roar of the money printing press, the fiscal and monetary tightening policy failed.

The third step in shock therapy is to implement privatization on a large scale. According to relevant experts’ assessment, Russia’s total state-owned property is worth 5 trillion rubles, which happens to be 1.5 billion people. Therefore, each Russian receives a 10,000-ruble private certificate.

Securities, you can freely purchase shares based on the certificate.

However, what Ye Kai knew was that by the time privatization was officially launched, it was already October 1992. 10,000 rubles could originally buy a car, but by then it would only be enough to buy a pair of high-end leather shoes.

Therefore, Russia's privatization measures have actually caused a large number of state-owned enterprises to fall into the hands of the privileged class and the nouveau riche. What they care most about is not the long-term development of the enterprise, but to sell it for profit as soon as possible. Employees neither receive dividends nor have the right to participate in decision-making.

, being a monk for a day and hitting the clock for a day, no one cares about the production and operation, and the efficiency of the enterprise is deteriorating.

The consequence of shock therapy is that Russia's GDP has almost been reduced by half. The total GDP is less than 1/10 of the United States. The economic structure has also undergone major changes. The fuel, electric power and metallurgical industries have become key sectors of the national economy, with a proportion of

It is about 1% in GDP, 50% in the total industrial product structure, and more than 70% in exports.

Foreign investment is reluctant to enter Russia, residents' living standards have plummeted, and the health status and average life expectancy of Russians are also deteriorating.

Now what Ye Kai is concerned about is happening. At the beginning, foreign banks and financial institutions used various gray means to absorb a large amount of ruble savings from Soviet private and corporate people at relatively higher interest rates and a free cup of coffee. In addition, foreign banks also used

Various gray means were used to obtain ruble payments from the Central Bank of the Soviet Union and Russia, state-owned banks and state-owned financial institutions (loans for various engineering projects, etc., similar to the current fake real estate mortgage loans in China, etc.).

After sufficient amounts of ruble ammunition were obtained from Soviet depositors and Soviet state-owned banks, which were entirely borrowed, an action began to belittle securities (stocks) in the market.

The popular saying on the street now is, "Those bonds are bonds (stocks) of state-owned enterprises with little ability to pay dividends. Rather than keeping them useless, it is better to sell them and exchange them for cash!"

As a result, the Russians believed it to be true and began to sell bonds (stocks) one after another, causing bonds (stocks) to plummet.

At the same time, foreign banks in the market began to quietly purchase privatization bonds, and in this way, the entire Russian state-owned enterprises were sold off.

Ye Kai's people are doing the same thing, but their methods are more sharp and targeted. They directly target the Russian energy industry, use many connections to borrow rubles, and then buy Russian energy industry shares.

.

If you do a serious calculation, the interest that needs to be paid after this year alone will reach tens of billions of rubles. Even if Ye Kai sells all his assets, it is impossible to afford the loss.

It can be said that if the ruble does not depreciate significantly this year, then Ye Kai will really be dead this time.

Of course, Ye Kai would not be stupid enough to go into battle shirtless. He used many of Major Butt's subordinates in Russia to handle this matter...

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