Chapter 65 The Vantaa Project(1/2)
There is a very secret and very unsecret financial invasion plan in the world.
Its name is the Wanta Project.
Talking is a middle-aged man in his forties, not tall and looks like Mickey Mouse.
His name is Ovanta.
In the 1980s, Wanta was directly ordered to engage in a secret financial war against the Soviet ruble.
Later, he established the "New Commune Financial Group" in Wisconsin, USA. The company's operating capital was only $17,000, but soon after the capital injected from the secret overseas account in the United States, Wanta's business began to grow bigger and bigger.
Starting from October 1990, Wanta completed a very profitable transaction of buying 140 billion rubles for US$5 billion at a price twice that of the black market (28 rubles to 1 US dollar).
In January and February 1991, Wanta shorted gold for up to 2,000 tons in the London gold trading market. The already weak Soviet economy finally hit the last nail under the plunge of gold prices.
It was Ouvanta's plan to make the Russian winter in 1991 even colder.
The body of the economy, which had been seriously bleeding, was crushed by the "wealth meat grinder" of super inflation, and the life savings of a large number of mainstream social figures in the former Soviet Union were wiped out overnight.
During the collapse of the Soviet economic system, more than ten trillion US dollars of assets were plundered.
After that, countless stories about money and bloodshed were derived to witness the evil of American imperialism.
Ovanta used the capital in his hand to sell rubles, causing all the bear skin, bear gall, and bear claws on the polar bear to be chopped off.
look.
By simply provoking the Soviet Union to disintegrate and short the ruble, Westerners looted the wealth accumulated by the Soviet Union over decades.
They put hundreds of millions of people in their mouths and chewed greedily.
But in fact... this is a very unrigorous third-rate novel.
Because no matter any short sale, three conditions must be met: borrow, sell in advance, buy and return it back.
After Robert John left, Shen Jiannan closed his eyes and rubbed his eyebrows.
The collapse of the Soviet Union was an inevitable result. With the collapse of the Soviet Union, the ruble also depreciated and became waste paper.
Later, when the currency value of the new ruble was calculated, the new ruble depreciated to the old ruble tens of thousands of times.
After money lost its purchasing power, Russians, who were once middle-class, drank methanol and even mixed shampoo as wine.
Based on the actual currency value of the ruble in the future, shorting the ruble now is undoubtedly the best investment.
But, it's very difficult.
The Soviet Union under the planned economy had strict foreign exchange controls, and it was precisely because of the extremely abnormal foreign exchange control that there was a black market in the Soviet Union.
It is not a little difficult to sell the Soviet Union in this environment for some small money.
If you want to short the ruble, three conditions need to be met.
Borrow rubles, sell rubles, and buy rubles to repay the borrowed rubles.
The depreciation of the ruble is an inevitable result.
As long as you borrow rubles from banks in the Soviet Union and sell them, you can buy them back and return them to these banks when the rubles depreciate greatly in the future, and you can perfectly transfer the wealth of the polar bears.
The theory is very simple.
It’s just that theory never equals practice.
Due to the incomplete monetary attributes of the ruble, the trading volume in the global foreign exchange futures market is very small.
The daily turnover of rubles to US dollar futures launched by Ukraine is only a few million US dollars, and even in the financial markets of the New York and London markets, the turnover of rubles is only a few tens of millions of US dollars.
This transaction amount is a little larger, and it is impossible to play with it.
Before the disintegration, the Soviet Union had very abnormal controls in the capital market, and everyone had various restrictions on bank accounts.
Whether you withdraw money from a bank or want to exchange US dollars for consumption abroad, there are certain quota indicators.
This is part of the planned economy.
It is also super troublesome to borrow a large amount of rubles from banks in this environment.
There is only one way to successfully borrow a large amount of rubles from Russia.
wait.
After the disintegration, Russia, which inherited most of the Soviet legacy, implemented a shock plan to reorganize its economy.
The so-called shock plan is to fully liberalize the Russian financial market and use the invisible hand behind the market to repair the troubled Russian economy.
Here, the ruble became a real free currency and realized free circulation.
Freedom in the free market is reflected in the non-intervention of the market.
So in the execution of the shock plan, the ruble depreciates wildly like a waterfall.
The reason is very simple. This is a shock plan formulated by Russia, which liberates the fixed exchange rate of currency and changes it to free market pricing.
As a result, shock fake death turned into real death.
The ruble collapsed in total.
In such a market, can you make money by borrowing money and selling it in the early stage of the opening of the ruble?
The answer is no.
The reason why the ruble depreciated wildly later was because no one bought it, and without buying it means that it cannot be sold.
The original attribute of the ruble is the accounting voucher, which means that it is worthless in nature.
So even if you can borrow rubles after the collapse of the Soviet Union, there will be only one result.
All the underwear is lost.
Many long-term capital management companies in the United States and international capital tycoon Soros are the best examples.
These people borrowed large rubles from Russia in the form of capital injection when the ruble was high, and the ruble collapsed and plummeted after their short positions were established.
In theory, short positions and short positions should naturally make money.
But the actual result is that whether it is Soros or those long-term capital management companies, they lose like a dog, and quantum funds have lost as much as $2 billion, and many long-term capital management companies have lost so much that they need to rescue the US government.
This is a very ironic, ridiculous, and anti-logical result.
And the reason why such an incredible result is because of common sense logic.
Under normal circumstances, when a country's currency is about to collapse, in order to avoid the complete collapse of the national economic system, any country will spare no effort to save the monetary system.
Otherwise, the country's reputation will be zero internationally.
No country can bear such consequences.
The problem is here.
The reason why polar bears are called polar bears is because they are real bears, and bears never eat dead things.
The best way to avoid being killed is to commit suicide.
When the Russian Central Bank chose to commit suicide, a huge loophole appeared in the basic logic of short selling.
The ruble depreciates greatly, but it also means that the ruble borrowed in advance cannot be sold in your hands. As a result, you can only watch the ruble borrowed rotten like waste paper in your hands.
This is a very rogue move, but it is also a very effective move.
Then can't you sell polar bears for small money?
Of course not.
In this regard, a country once wrote a textbook.
Third brother.
Before the collapse of the Soviet Union, before the Russian shock plan, the third brother government borrowed 10 billion rubles from the Moscow Bank.
Ten years later, India gave Russia one hundred billion rubles.
When India borrowed rubles, 0.9 rubles were exchanged for 1 dollar, and when paying back the money, 1 dollar was exchanged for 3,800 rubles.
But individuals and companies naturally cannot guarantee their credibility like a country. Even if they borrow money from polar bears, it is difficult to exchange large rubles for US dollars.
unless......
Yau Ma Tei Fruit Bar, Yunji Wholesale Market Second Floor.
Not much space was built into a temporary conference center.
A dark red table more than three meters long was placed indoors, with more than a dozen men with big waists gathered next to the table.
The top seat was Peng San, who was wearing a suit and tie.
"Brothers, I think everyone knows about Lian Kun. In five years, Lian Kun himself embezzled 30 million yuan, and he used filial piety to give Bai Zi to more than 200 million yuan."
No one answered.
Those who can come here are core members of Yunji.
Of course they knew how much money Lian Kun had made over the years, and how much money Lian Kun had secretly given to the British for the development of the club.
If you don’t agree, there will be any.
To be continued...