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Chapter 1568 The nightmare is about to begin

"Okay, don't think about it anymore. Bush Sr. has a good relationship with us and can be called an old friend. Since Bush Jr. is his son, it should be a good thing for China if he becomes president."

After hearing what Dean Zhu said, Fang Chen's expression suddenly became a little strange.

He looked at Dean Zhu carefully and saw that Dean Zhu was not just saying this to comfort him because he was afraid that he would think too much, but he really felt that way in his heart, and he couldn't help but roll his eyes.

This is the result of not understanding history. As for Bush's attitude towards China, if 911 had not appeared, he would definitely have killed China.

But it’s not surprising that Dean Zhu would think so. After all, according to Chinese culture, I am a hero and my son is a hero. There shouldn’t be much difference between my son’s and my ideas. And Bush Sr. has a good relationship with China, so Bush Jr. should be right.

You must have a good relationship with China.

But in fact, after China's reform and opening up, the red flag did not change as the American elites imagined. Especially after the biggest enemy, the Soviet Union, was eliminated, the American elites became very hostile to China.

It has long ceased to exist during the Taizu period, when the United States had to create a relaxed and friendly atmosphere between the two countries because it urgently needed to unite with China to deal with the Soviets.

It can even be said that if the political atmosphere over China and the United States had been like it is now, I am afraid that even Bush Sr. would not have dared to express goodwill to China easily, let alone eat Chinese food once a month in a high-profile manner and create a Bush menu.

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It is precisely the overall hostility of the United States towards China that forced George W. Bush to adopt a more aggressive attitude towards China and also criticized Clinton for being too soft on China.

But in fact, Clinton's China policy was not weak. Even after China's reform and opening up, two of the three major hatreds toward the United States occurred during the Clinton period.

In addition, compared to the United States as a whole, Bush Sr. is a pro-China faction, so in order to show that he is not suspected of treason and is a qualified president, Bush Jr. must naturally be more brutal and domineering towards China.

It is precisely because of these reasons that George W. Bush created the last of the three major hatreds not long after he took office. It can be said that if 911 had not happened, who knows what George W. Bush would have done to China.

Furthermore, another important reason why President Zhu thinks so is that George W. Bush is too inexperienced in politics. He has only been a governor for three years in the American political arena, so he has no chance.

Express some national opinions, let alone my own opinions on China.

In addition, didn’t George W. Bush actively win over him?

This is probably regarded by Dean Zhu as a strong evidence that George W. Bush will be good to China.

Putting all the factors together, it is not surprising that Dean Zhu would make such a judgment.

But let’s just judge it this way. It doesn’t matter what Bush Jr. would think or do.

Various different situations and complex factors, as well as Bush's own stupid flaws, will make Bush make a choice that is beneficial to China.

The worst thing is not to have him?

He will let George W. Bush take the path he should take.

After walking out of Dean Zhu's office, Fang Chen did not get in the car immediately, but walked slowly in the ancient royal garden.

He is also a frequent visitor here, so Xu Jianshu has already arranged a pass for him, but this is the first time for him to stroll around like this.

However, he didn't visit too many places. He just went to Fengze Garden and Xihua Hall to remember these two old people who dedicated everything to China.

The pressure he is facing now is nothing compared to the pressure these two old men and their generation were facing.

Not long after returning home, Fang Chen received a complaint call from Berezovsky.

This time Soros and other financial giants entered Russia, which really caused Russia a disaster.

After the disintegration of the Soviet Union and the massive sell-offs of the red managers headed by Rutskoi, as well as the crazy plunder of Russia by the oligarchs headed by him, especially after several economic changes such as shock therapy, Russia's economic situation can only be said to be getting worse.

The weaker.

However, at this moment, being attacked by financial giants like Soros would be fatal, wouldn't it?

And we also need to know that from its disintegration in 1991 to 1997, Russia has attracted US$23.75 billion in foreign investment, of which more than US$10 billion was reached in 1997. However, the proportion of direct foreign investment inflows was only about 30%, and about 70% was short-term capital investment.

, the transfer in and out is relatively fast and cannot contribute to the real economy.

In order to solve the country's financial difficulties, the Russian government had to issue a large number of short-term bonds and external borrowings. By 1997, Russia's total confirmed external liabilities were US$128 billion, but its total assets were only US$27.7 billion, and its foreign exchange reserves were only US$27.7 billion.

There are only US$13 billion, one-tenth of the total external liabilities.

This also laid hidden dangers for the current financial crisis and ruble crisis.

In fact, if this is all, Russia should be able to survive. After all, Russia is really vast and rich in natural resources. If it is determined to hide in a small building and become a unified country, it will not be like other countries that always lack this and this.

It is precisely because of its relatively strong circulation ability that Russia can be as independent as possible from the outside world. This is also an important reason why it has been able to withstand so many severe sanctions from the United States.

As far as the intensity of U.S. sanctions against Russia is concerned, if it were applied to other countries, 99% of the time, it would be unacceptable.

However, hemp ropes are only cut at the smallest points, and misfortunes only seek out the poor. A Chechen crisis actually occurred in Russia. The economic cost of the first Chechen war, not counting the cost of rebuilding the Chechen economy, was already as high as 5.5 billion U.S. dollars. This is obviously aggravating

the formation of the crisis.

Then came the continuous rain, the Asian financial crisis that started this year, and the reduced demand for international crude oil and non-ferrous metals. These two major external factors severely affected Russia's foreign exchange reserves as a resource-exporting country.

At this time, Russia's two most valuable sources of capital, energy and metal prices, plummeted, causing the already fragile Russian economy to immediately fall into chaos, with per capita GDP falling and unemployment rising.

Not to mention, now that it has been severely plundered by financial giants such as Soros, it has fallen directly from the bottom to the abyss.

The US$13 billion in foreign exchange reserves that had been saved over the years were looted. The exchange rate of the ruble against the US dollar also plummeted from 18,000 rubles to 1 US dollar at the beginning to 37,000 rubles to 1 US dollar, a full 53% drop.

.

However, although a 53% drop sounds harsh, it should be okay for Russia...

After all, if anyone remembers the exchange rate of the ruble against the U.S. dollar when Fang Chen started his business, they will suddenly realize that this drop is nothing to Russia.

Before the Soviet Union collapsed, at least until 1990, the official exchange rate of the ruble against the US dollar was 0.8 rubles per US dollar.

Well, that's right, the ruble at that time was worth more than the U.S. dollar.

But the good times did not last long. By the end of 1990, the exchange rate had become 1.2 rubles per US dollar, and then plummeted until it was 18,000 rubles per US dollar.

Calculated in this way, the ruble had actually fallen 225 times before this plunge.

This 53% is nothing compared to 225 times.

But according to Chubais, Russia is already preparing to issue new rubles, and the exchange ratio with the old rubles is 10,000:1, which means that 10,000 current rubles can be exchanged for 1 yuan of new rubles.

Although it is a bit helpless, there is no way not to issue new rubles.

After all, if the ruble continues to fall like this, it will almost look like the Zimbabwe dollar, so where will Russia lose its face?

At that time, Chubais also told him that it was expected that after the issuance of the new ruble, Russia's economy would once again usher in a new life and move firmly towards becoming an economic power. The days when the ruble depreciated again by such a large amount were gone forever.

Returned.

But to be honest, Fang Chen is not as optimistic as Chubais, because if he remembers correctly, the exchange rate of the new ruble against the US dollar in the previous life has reached 76:1, which means that the new ruble has also depreciated after its issuance.

More than ten times.

Of course, compared to the current depreciation of three to four hundred times, ten times is already considered very good, and it can be considered that Emperor Vladimirovich led Russia well.

However, thinking so in his heart, Fang Chen still expressed to Chubais that he would vote in favor of this matter.

Hearing that Fang Chen supported his plan, Chubais couldn't help but feel relieved. The recent economic situation in Russia has been bad, and the situation in the political arena has been even worse. In just two or three months now, Yeltsin has replaced two

A general manager.

It can be said that there has always been a thick layer of haze surrounding the Kremlin and the White House.

Russia now needs a huge change to change this miserable status quo, and Fang Chen's right to speak in Russia's economic development is unquestionable.

Originally, before the earliest times, Fang Chen, Kadenikov, he and Gaidar were the only two combinations in Russia that could formulate economic development strategies.

And now with Gaidar's retirement, Fang Chen's voice in Russia's economic development has increased a lot.

And the most important thing is that through the Queshan Club, Fang Chen has gathered all the big oligarchs with names in Russia under his command. In this way, Fang Chen's economic and even political status in Russia will be even higher.

It can be said that if the issuance of new rubles is not approved by Fang Chen, then it will not be implemented at all, and there is even no possibility of its introduction.

After all, almost all banks and financial institutions in Russia are concentrated in the hands of Fang Chen and the big oligarchs. If Fang Chen and the others don't cooperate, they can't let him stand on the street and exchange new rubles with people one by one, right?

Even a lunatic might not be able to do such a thing.

But now he is more fortunate that Fang Chen has rarely interfered in Russia's affairs in recent years, and even Russia rarely comes. Fang Chen's representative in Russia is Berezovsky.

And if he has any economic policies, Fang Chen will agree to them as long as they do not infringe on the interests of Fang Chen and those big oligarchs.

Even if there is some infringement, as long as it is beneficial to Russia and their big oligarchs should give in, Fang Chen will take the initiative to persuade those big oligarchs to give in.

"Okay, if oil falls, it will fall. Let alone only fall to 16 US dollars a barrel now, even if it falls to 10 US dollars a barrel, as long as the Kremlin does not tell you to reduce production, then you can continue to mine. Sometimes

Not only do we need to calculate the economic accounts, we also need to calculate the general ledger of Russia." Fang Chen said firmly and without any doubt.

As I said just now, energy exports are the lifeblood of Russia, and most of the Russian government’s expenditures come from energy.

If Russian energy companies do not extract energy because of relatively low prices, where will the Russian government’s expenses come from?

Therefore, in order to ensure that Russia can have money to continue to maintain the government, these energy companies cannot stop.

Furthermore, for him, if Qingtian Oil loses money, it means losing money, and it doesn't matter. After all, he doesn't only support one or two of these big money-makers, and it doesn't matter if he raises one more Qingtian Oil.

He does not believe that the United States can keep the price of oil under control. If his prediction is good, it will not last long before OPEC will demand a production cut.

After all, no matter how easy it is for the OPEC guys to get oil, no matter how hard they insert a pipe in the ground, the oil will keep coming out. These guys also know how precious the oil resources are and know that once the oil is mined, they will be finished.

.

And if the price of oil is high, wouldn't it be better for them to make more money?

Berezovsky originally wanted to say something more, but seeing Fang Chen's resolute attitude, he had no choice but to give up.

But in any case, Soros's attack on Russia has finally come to an end. If he had not predicted wrongly, the financial plunder of South Korea would soon begin.

And Fang Chen also ordered Zhu Changhong early to be ready to enter and harvest South Korea at any time.

The reason for the Russian side is because he wants to lose face, and he is really embarrassed to follow Soros to harvest Russia, but South Korea is different. He has no sympathy for South Korea at all, and even plans to make less money from not going to Russia before.

The money was also earned back in Nan Goryeo.

Of course, how much money can be made in the end depends on whether the United States is strong enough and how much it can squeeze out of South Korea.

After all, South Korea’s current foreign exchange reserves are only 9 billion US dollars, which is worse than Russia’s. If it is just a financial plunder without the cooperation of hegemony, there will not be much money extracted from South Korea.

At worst, if they run out of foreign exchange reserves, they will stop playing.

But with the hegemony of the United States, it is different. He has also said before that in a place as big as South Korea, there are fifteen Fortune 500 companies, and Daewoo, Samsung, and SK Group are also among the top 500 companies in the world.

Top 100.
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