USSR 1991

Page 504

Yanayev picked up the documents on the desktop, quickly browsed through them, and roughly calculated the movements of the group of international speculators. It was nothing more than someone underestimating the Soviet Union's financial means and trying to invest more funds to stabilize their situation. The income was obtained, but Yanayev did not expect that Yanayev would still have a backhand behind him.Another 800 billion yuan of foreign exchange reserves kept secret will be used to stabilize the market and prevent large fluctuations in the exchange rate.

"If these people can stop now, the loss will not be too ugly. But they are too greedy, not satisfied with small profits, and want to obtain greater returns. The food is too ugly, and sooner or later they will die because of it." The loss is exhausted. There is no hope for this game, and it can be finished."

Bold venture capital speculators ignored the warnings of the Soviet Union. They believed that sending agents to kill chickens and monkeys meant that the Soviet Union could not solve the problem through financial means. This group of people has prepared a trap, waiting for them to step into it until they lose everything.

"If 800 billion foreign exchange reserves are thrown in, their funds will be locked in the market. If they spend another 100 billion, this group of people will lose their money. I want to see what these international speculators are capable of this time." Jump up and down again."

Yanayev's words decided the fate of those state speculators.

"Comrade Vladimir."

"Ok?"

Yanayev stared at the report, and said succinctly, "The second step of the plan can be started, and the follow-up funds will be invested in it to stabilize the exchange rate. As long as the exchange rate is stabilized, the financial market will not have too much trouble." Big fluctuations, but their short-selling will fail, and they can only withdraw in the end. We still have a huge oil market as a back-up support, and Soros would never have guessed that we already knew his overall plan.”

"As long as there are strong foreign exchange reserves, our market will not be chaotic."

This is the first financial war in the Soviet Union. He will teach the next generation of leadership the importance of economic and financial means. Soros and his wealth alone can put the economic development of Southeast Asian countries into turmoil. Compared with the means of infiltration and subversion, it is even worse.

Yanayev turned around and advised Vladimir beside him, "Comrade Vladimir, I hope you can learn from this incident. That is, don't underestimate the power of capital. The working class can use guns Overthrow the capitalists who exploit and oppress, and capital can also swallow the weak like a big fish eating a small fish."

Vladimir nodded shockingly. This financial turmoil has taught everyone a lesson. One person alone destroyed a country in Southeast Asia that was almost economically booming. He finally spied on the claws of a huge capital group.

The future leadership of the Soviets will focus on guarding against this aspect.

At this time, Soros is enjoying the victory.

Although his Quantum Fund has only US$60 billion in assets, it has become an important player in the international financial market because it can obtain investment effects equivalent to tens of billions or even hundreds of billions of funds through leveraged financing and other means when needed. strength.His Quantum Fund was directly responsible for several serious currency crises in the past decade.

This is the charm of capital.

Soros tasted the red wine in a slow and orderly manner. Nearly one-third of his income was thrown away. He didn't even bat an eyelid, because he knew that the money would eventually bring him a richer return, and it would be the last time to crush the camel. A straw, the last wave that broke the dam, and what followed was his last triumphant smile.

This unparalleled speculator announced to everyone that he had not only conquered England, but also conquered Moscow, which neither Napoleon nor the United States had captured.

The joy of victory is palpable, and there will be an inexplicable smile on the corner of his mouth as he eats his lunch slowly.

At this time the mobile phone rang, Soros took the phone from the attendant, and said proudly, "I'm Soros."

The voice on the other end of the phone was also celebratory. As a representative of the White House, Yellen approached appropriately and congratulated the other party on his success, "Congratulations, Your Excellency Soros, you have taken down Moscow. Very pleased with your performance."

Soros suppressed his inner anger at Washington's helplessness, and replied modestly and politely, "Thank you, Chairman Yellen, but it is too early to congratulate, after all, this war is not over yet. I don't know if they will have other means in the end. It is not a surefire situation. We don't know if they will fight back in the end. After all, two people who participated in this war have died, I am very worried , will the next one be me?"

Soros' tone was full of contentment.

Although his capital investment is like a shot in the arm, increasing the confidence of international speculators, under the instigation of his capital, many people will definitely increase their investment and pour money into it.This will cause even more headaches for banks in Moscow.

Yellen was taken aback, ignoring Soros' sarcasm, "Okay, I won't disturb your celebration banquet, Mr. Soros. How about we have dinner later?"

This is a hint of cooperation from the chairman of the economic committee. Even if Soros is full of complaints, he should restrain himself here.There's no need for him to have trouble with the money, anyway, if Washington makes a move, he doesn't have much to lose.

"No problem, see you then, Chair Yellen."

It wasn't until the other party hung up the phone that he scolded the female cousin angrily.

A group of bastards who have nothing to gain and can't afford to be early, their mood has been spoiled by this group of people.

After hanging up the phone, Soros no longer had the appetite to continue enjoying dinner. He put the knife and fork aside and was about to get up to leave when the phone rang again.

He answered the phone angrily, but the steps he wanted to take stopped in an instant.

Soros frowned slowly, and he asked in a low voice, "Are you sure? The Soviet government has launched a new round of foreign exchange savings investment? Is this news true?"

After confirming the authenticity of the news, he said angrily, "Damn Moscow."

"It was actually turned around by you!"

Chapter 997 Simple and rude, crushing with strength

The Quantum Fund is the pride of the financial industry, so that when it comes to the turmoil in the financial market in the 90s, people will always associate Soros behind the scenes with the turmoil in the financial market.

This is indeed his most proud and glorious record. In the early 90s, in order to cooperate with the linked exchange rate within the European Community, the exchange rate of the British pound was artificially fixed at a relatively high level, which triggered the attacks of international currency speculators.Although the Bank of England vigorously sold the Deutsche mark to buy the British pound and cooperated with the measures to raise interest rates, it still lost to the attack of the Quantum Fund and retreated. The British pound was forced to withdraw from the European currency exchange rate system and float freely. It fell by 1%, and Quantum Fund made hundreds of millions of dollars in huge profits in this pound crisis.Prior to this, the Italian lira also suffered the same fate, and the Quantum Fund led by Soros also played a leading role.

In 1994, Soros' Quantum Fund launched an attack on the Mexican peso.Mexico's sound economic growth before 1994 was based on over-reliance on short- and medium-term foreign loans.To control domestic inflation, the peso is overvalued and floated against the dollar.The attack on the peso launched by the Quantum Fund caused Mexico to run out of foreign exchange reserves in a short period of time, and had to abandon the peg with the US dollar and implement free floating, which caused the collapse of the Mexican currency and the domestic stock market. Then the income is not cheap.

Almost everyone in the financial circles expressed sympathy for the Soviet ruble, and the countries targeted by Soros all ended up being devastated without exception.

However, Quantum Fund's attack on Moscow was surprising. Everyone would think that it was a terrible defeat like Southeast Asia, but they did not expect that the other party withstood the attack.A series of counterattacks were also carried out, forcing international speculators to nowhere to retreat.

The situation reversed in an instant.

Overnight, Soros' financial offensive was completely resolved. After Yanayev threw the huge foreign currency savings into the market, the exchange rate that had been in decline had an instant reversal. Soros' prediction failed. Quantum Fund The assets thrown in are instantly evaporated.

He paced back and forth in front of the computer, apparently unable to believe the fact that the previous prediction was completely wrong, and the Soviet government's counterattack was just a wave of bait. After the international speculators poured more money, they began to close the net up.The second wave of foreign exchange reserves went on, and those who tried to use financial means to impact the ruble exchange rate directly lost everything.

Soros sat slumped in front of the computer desk, muttering to himself, "It's over, everything is over. The capital that was invested in before was evaporated in an instant, and the Moscow government...damn it, who is behind them is controlling all this?"

Soros suddenly realized that his loss was not due to financial means. The opponent just relied on strong financial resources to play hard to get, and used Soros' greed to draw him into the game.

The Soviet government not only used Soros, but also other international speculators who wanted to bite off a bigger piece of meat.

The curve displayed on the screen is no longer under his control, and is completely biased towards the Moscow government, which also means that the Moscow Monetary Authority and the Central Bank have completely won the war.

The first phone rang, then the second, and the third... Some were called from the Quantum Fund, and some were old friends, financial speculators who were also responsible for planning this financial war. Soros came with even more depressing news.

"Mr. Soros, we quit, we quit this financial war, and now we have suffered heavy losses... Withdrawing from this war... At least we can keep our capital. If this continues, the victory of the Bank of England and Southeast Asian countries will be all Take a loss."

"The Quantum Fund has evaporated 27 billion funds, and the momentum is still rising. President Soros, if we don't stop, the loss will be even more serious. The end may be that the loss is too large, bankruptcy and reorganization..."

The last call was Druckenmiller, the manager of Quantum Fund, who tried to use a calm tone to avoid irritating his immediate boss, "Mr. Soros, I regret to inform you that your allies have already stopped. ... If it continues, I am afraid that the Quantum Foundation will suffer a heavy blow. Even if we can drive nearly 1000 billion yuan of investment Xiaoying through leveraged investment, the foreign exchange savings of the Soviet Union are far richer than they announced. Our The judgment was completely wrong, and Moscow's hidden backhand directly cut off the back road."

One after another of bad news made Soros unable to hold his head up. Before, he thought that the Soviet Union was forced to retreat by using rough warning methods. Head on.Presumably in the Kremlin, there is a pair of gloomy eyes that are framing a smile at the corners of the mouth at this moment.

"If you grit your teeth and throw in the last sum of money... if you make a last effort...will you..."

Soros was taken aback by his gambler mentality, and then shook his head to deny this bold idea. He had no allies around him, so everyone was scared back by the Soviet Union's backhand.When speculators estimate that the future risks are too high, they stop and stop targeting this market.

This time they were completely afraid of the red devil of the Soviet Union.Who knows what other means Moscow has prepared behind it, waiting for them to step on it one step at a time.

Who said that Russia is just a simple and crude bastard?

They are simply crushed by strength.

Even if he is as bold as Soros, he can't withstand the pressure of a single-handedly. No matter how strong his wealth is, he can't resist the successive attacks of a country with oil resources.

"Close hand."

Soros said in a deep voice, "There is no need for this war to continue. The Quantum Fund will summarize the losses during this period. I will hold a meeting when I go back."

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