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Following Mexico, Bashi, Venezuela, Agentine, Milu and Zhili have also encountered difficulties in repaying debts, and have announced the termination or delay in repayment of foreign debts.

By the end of 1986, the total debt of developing countries in Latin America soared to US$1035 billion, and the debt was highly concentrated, and the proportion of short-term loans and floating-rate loans was too large. Bashi, Agentine and other countries had the heaviest foreign debt burden.

Nearly 40 developing countries demanded a rescheduling of debt.

However, in the 1960s and 1970s, these countries of M developed by borrowing a large amount of money from banks such as M.

Latin America developed rapidly at that time.

Especially in the 1960s, many people probably did not expect that Agenting's per capita income was higher than that of Xiangjiang and richer than that of Xiangjiang.

After the 1980s, the M Fed raised interest rates to 20% in 1981, resulting in a recession. A year later, Mexico announced that it was exhausted and could not pay $80 billion in interest on foreign debt.

The M Fed raised interest rates, and banks of countries M began to ask Latin American countries to repay early, and a large amount of US dollars and funds were pulled out by countries M and returned to countries M.

This has led to debt crises in major Latin American countries.

In this case, in order to avoid bankruptcy, Latin America could only seek help from Europe and the United States.

Country M, East and Europe and other countries are taking advantage of this opportunity to harvest a large number of high-quality assets in Latin America. Since then, many major companies in Latin America have become European and American Oriental companies or joint ventures.

This is also a harvest of Latin America by Country M.

As for the Battle of Ma Island broke out between Agentine and Country Y, on the one hand, it was to regain Ma Island and on the other hand, it was to divert domestic conflicts.

However, money is needed before and after the war.

At that time, due to debt problems, Agenting could not support this war for a long time, which meant that Agenting was destined to lose from the beginning.

Now Lin Xiuzhi and He Chaoyu were very surprised after listening to it.

There is something like this behind this.

Yang Ming knew that Latin America was the back garden of Country M.

How could Country M allow Latin America to develop?

In addition, M Country has long been attracted by high-quality companies and resources in Latin America.

Like Mexico's Bank, Bashi's Vale Company.

Among them, Bashi's Vale Company is the world's largest iron ore company, and its iron ore production accounts for 80% of Bashi's total national output. Bashi's Vale Company is the world's largest iron ore producer and exporter, and is also the largest mining company on the American continent. It is known as Bashi's "the gem in the crown" and "the engine of the Amazon region".

Historically, M Kingdom and Toyo took advantage of this opportunity to acquire stakes in Vale and become the major shareholders of Vale.

Yang Ming felt that.

This Latin America has too much debt and a large number of high-quality companies, so of course he can't afford it.

Like those high-quality companies, they can still eat some of them.

Including Vale and other companies.

When Yang Ming was paying attention to the Battle of Ma Island, he also noticed this aspect.

This period of time.

As Yang Ming's intern secretary, He Chaohuang not only did things according to Yang Ming's requirements, she learned a lot from Yang Ming.

This made He Chaoyun feel that it would be better to study with Sir Yang than to study at Santa Clara University in Silicon Valley.

However, Yang Ming thought it would be better for He Chaowei to go back to college.

After all, going to college is also a wonderful experience in life.

"Sir Yang, I have to go back to school in ten days."

Summer vacation starts in May and school starts in July.

The summer vacation of M National University is somewhat different from that of China.

Now, He Chaoyu has been staying for more than two months after he has returned. She likes to stay by Yang Ming's side. She knows that she will go back to college.

Chapter 5!

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