USSR 1991

Yanayev brought two exciting news to the world. The first is that the Soviet Union will hold a military parade on Red Square in October. The second is much less indifferent than the first, because almost the Soviet Union and China Simultaneously published external information.

The Soviet Union's foreign cooperation is about to form the Eurasian Economic Cooperation Organization, which is not only an alliance between the two major powers, but it is more likely to affect changes in the situation in East Asia.

This news is like a blockbuster, directly destabilizing the political arena of the White House in the United States.Everyone was stunned to see the news released by Shevardnadze as a foreign spokesperson, and then talked about how it would affect the situation in Europe and even the entire world.

It is absolutely unbelievable for a country with a planned economy to establish a cooperative organization for a market economy with such ambitions.

Yanayev gave everyone in the country a surprise. For Europe, there was no surprise.

At this time, President Mario had just begun to take the first step of his Mario economics. In order to solve the large deficit problem that plagued the US economy, Mario gave priority to reducing the federal deficit.To this end, he is determined to cut the deficit by another $1997 billion on the basis of the $4000 billion deficit reduction reached with Congress in 3930.Among them, in the next five years, a total of 2350 billion U.S. dollars will be reduced in spending and 2460 billion U.S. dollars in tax increases.Tax increases are sailing against the current, but President Mario proposed a reasonable burden policy to put 90% of tax increases on the shoulders of the highest-income 6.5% of taxpayers.The increase in the income tax rate is only limited to 1.2% of high-income earners, so his policy has won the support of the vast majority of taxpayers and won a strategic advantage.

The next step is to reform the current health insurance system, but before Mario takes the second step, he sees the good news brought to him by his old opponent.

A damn good news.

So he immediately asked the chairman of the US Council of Economic Advisers to come to his office.Obviously, he was very angry with the Soviet Union's actions, as if there was an invisible opponent that might develop into the European Union.The Economic Mutual Aid Committee back then was nothing more than a product of the quality inspection of socialist countries, so it should not be feared.But the two socialist countries transitioning to a market economy are enough to bring headaches and troubles to President Mario.

"Thank God, a European Union is enough to give us a headache, now what do they want? An even scarier monster organization?"

For example, in the name of anti-terrorism, the Shanghai Cooperation Organization, which strengthens cooperation with the Soviet Union and Central Asian countries, is suspected of being a small Huayao in the eyes of Mario. Of course, it has not shown any ferocious fangs. If Ni Duan appears in the future, it is not So easy to deal with.

"Once successfully formed, it means that a super economic alliance will rise on the other side of the Pacific Ocean. This is something more terrifying than the EU and other organizations."

"We have to do something. Should we wait until the Union of the Mediterranean becomes bigger in the European Union and become another existence that threatens Europe before we rush to find a way out?"

President Mario glanced at Jennifer Yellen in front of him, and sighed earnestly, "As the chairman of the U.S. Council of Economic Advisers, I don't think you need to say much, you should know what I mean, right?"

A woman whose decision-making can affect Wall Street and even the global economic situation also showed an uneasy expression at this time. President Mario's reminder made her a little at a loss. After all, in most cases, she decides a series of economic policies in the United States, and Not waging an economic war against other countries.

"Economic war?"

Yellen hesitated to order, raised her head and said to President Mario, "Your Excellency, I have a method that I don't know if it is feasible. Although it will not have a fatal impact on the Soviet Union, it is enough to stop the Soviet Union from advancing."

"Ok?"

President Mario slightly raised his interest and asked, "What means are you going to use to stop the Soviet Union from advancing?"

"In 1997, an economic crisis broke out among Southeast Asian countries. The root cause was also the improper foreign exchange policies of some Asian countries. In order to attract foreign investment, they maintained a fixed exchange rate on the one hand and expanded financial liberalization on the other. For example, Thailand canceled the control of the capital market in 1992 before its financial system was straightened out, which made the flow of short-term funds unimpeded and provided conditions for foreign speculators to speculate on the Thai baht. This is also why there is a cause of financial turmoil."

"and then?"

"Just imagine, if these international speculators continue to attack East Asian countries, and even attack the newly established market economy with Soviet characteristics, what will happen?"

President Mario's brows slowly frowned, and he vaguely realized what Chairman Yellen meant by what he just said.

Yellen reminded, "They are trying to muddy the waters of the Asian economy, and we will do as they wish. Anyway, the Soviet Union issued a statement at this critical moment, isn't it just to take advantage of the crisis to consolidate its own interests? How can we achieve his goal? Then let the financial giants continue to expand the results of the war, pulling in all the economies of East Asian countries and turning them into mud."

Since George Soros is having so much fun in the Asia-Pacific region, Yellen will not stop him. It is better to let him and the capital group behind him take the opportunity to make some noise between the Soviet Union and East Asian countries.Good to block the next economic cooperation plan.

The best way to extinguish a fire is to cause a bigger explosion until the other side has nothing to fight back.

As long as it can hurt Russia, their goal will be achieved. As for the final outcome, it doesn't matter. Anyway, the White House in the United States will be a winner no matter how it is calculated.

"I'll leave this matter to you, Chairman Yellen, the United States will not participate in this kind of petty trouble. It is best for the capital group to come forward."

Mario's utterance is equivalent to authorizing Yellen to do these unscrupulous actions, while the White House hides behind the scenes and enjoys the benefits.

"I will go to the financial giants on Wall Street. As for what to do next, they will figure everything out. With luck, the Asia-Pacific Economic Cooperation plan may be delayed for another year or two because of the financial crisis. Maybe."

Yellen said confidently, "Teach these socialist countries a lesson first, let them know how financial wars are played."

Chapter 992 Sanctioning Speculators

Yanayev walked in the corridor with a steady footstep. It has been a long time since he has seen the leaders of Western countries in a panic.When the Asia-Europe Economic Cooperation Organization issued a statement, it attracted the attention of other Asian countries almost at the same time. The small countries in Eastern Europe did not participate, but the East Asian countries showed great interest. They wanted to learn more about Asia and Europe. News from the Economic Cooperation Organization.

However, Yanayev cleverly sold a trick at this time. When the ambassadors and counselors of other countries wanted to test the introduction of the Asia-Europe Economic Cooperation Organization, the answer they got was no comment.

In addition to China, Japan is also one of the targets of the Soviet Union. Although it is struggling under the economic crisis, it was the second largest economy in the world. If it can be drawn into the organization, it will increase the economic gold content of the body.

However, the crisis sweeping the Asia-Pacific has left all countries with no time to take care of themselves. The Soviet Union showed this card at this time, and it also paved the way for the formation of an economic circle in the Eurasian region in the future. Instead of calming down and negotiating face-to-face, tell them directly that the Soviet Union and China will guide the economic development of Asia and Eastern Europe in the future, and the choice you have to make can only be made now.

Before entering the office, Yanayev heard the unfortunate news. Comrade Vladimir walked up to Yanayev with the document report in hand, and whispered, "Chairman Yanayev, as you As he said, Soros, who suffered Waterloo in Hong Kong, began to attack us. Since this morning, the exchange rate between the ruble and the US dollar has gradually fallen, and it is suspected that someone behind the scenes is maliciously shorting the ruble."

"Of course, those self-righteous idiots have started to be fooled. The bait has been cast, and the net should be able to be collected now."

Yanayev had been worried that the international speculators headed by Soros would not attack the Soviet Union. Now it seems that they were too worried. Who would let go of a fat meat that is still reforming and exploring the market economy? The international speculators are Thinking about making a short sale before the Soviet economy was fully reformed.

Soros's wishful thinking was well done, the only thing he didn't take into account was that his opponent was a national leader who had cheated.

Yanayev asked as he opened the door, "Have the banks suspected of speculating in the ruble recorded it?"

"According to General Secretary Yanayev's order, the Monetary Authority will intervene in those banks involved in speculation. It will also write a big story in the newspaper."

"Very good. Doing this can strongly impact the confidence of those international speculators. Anyway, they have already lost once in Hong Kong, and they don't mind losing again in Moscow. Let Moscow help Soros destroy the Bank of England and destroy the economies of Southeast Asia." The glory draws the final full stop."

The assistant walked in and asked Yanayev what he wanted to drink?

Yanayev said to the office assistant, "Give me a cup of coffee, less sugar, thank you."

Vladimir got down on the sofa, and Yanayev had his own deliberation on every step he took. All he had to do was to follow Yanayev's thinking and continue thinking to see how the situation would develop. .

Then he turned around and gave an order to Vladimir, "Now it's time to let the group of lifeless guys know how powerful we are. We have been hiding the actual figures of foreign exchange before, just to start this exchange rate stabilization war, to ensure that The stability of the exchange rate is more important than anything right now. If the ruble collapses, there is a good chance that our hard-won economy will fall back into the doldrums."

The Soviet Union promoted oil through the 90s, showing a trend of rising oil prices, which also made the Soviet Union a wealthy oil power. The gains brought about by the high oil prices are that the Moscow government has a large amount of foreign exchange reserves, no less than 4000 billion US dollars in foreign exchange reserves Strength is like a booster, enough to bring psychological comfort to investors.

"The Moscow government raised the ruble's interest rate by issuing large sums of government bonds, which in turn pushed the ruble's exchange rate against the dollar sharply higher. When speculative selling of the ruble began, the Moscow Monetary Authority immediately raised short-term interest rates sharply, even if the interbank The overnight loan interest rate has skyrocketed. It is extremely necessary to stabilize the fixed exchange rate and keep the people's confidence in the ruble."

These are countermeasures reserved for Soros and other international speculators. When they fall into the trap, they will immediately realize that Yanayev has already prepared how to greet this group of people.

Yanayev took the coffee handed over by his assistant and said thank you.

Comrade Vladimir said with some concern, "What if our methods fail?"

The general secretary replied calmly, "Then we have no choice but to freeze all investment assets, and they cannot be transferred in the near future."

Freeze the investment assets and make no transfers in the short term. This is a means of killing one thousand enemies and self-defeating eight hundred. Economic and investment losses are enormous.The Soviet Union's market economy has only achieved initial results, which is a long process of exploration.

So Comrade Vladimir is deeply disturbed by the method Yanayev said.

"But Comrade General Secretary, this method... is too radical, and it will almost make investors lose confidence in the Soviet Union."

Yanayev leaned on his forehead and sighed, "I know that this method is very dangerous, and it is also the last resort. If those idiots from the Financial Management Bureau can come up with a good solution, I will not use this method." The means are listed to the end. It is a pity that these people who have come from the old bureaucratic era can't come up with any solutions to the problem. I don't believe that those guys who advocate shock therapy can have a long-term vision for the market economy .”

In his eyes, at least a considerable number of economists can be branded as traitors.

Vladimir shook his head and said, "If we do this, we still think it is more reliable for us to send KGB agents directly into the United States to assassinate Soros. Once Soros is dead, others will be equally afraid to stop."

Yanayev gave him a helpless look, typical hairy thinking, always using the simplest and most rude means to solve problems.