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Chapter 1382: Self-respect for raising bandits

With a gentle movement, Angeli Davis couldn't help but glance at the two figures covered by the thin quilt in the direction of the big bed.

It's inevitable that you're weird inside.

In the past few years, Angeli has discovered that the little men who are becoming more and more arrogant in front of him can always bring seemingly unrelated women together on the big bed. Most of them, one by one, may be the goddesses in their dreams that many women want to kiss each other day and night.

Simon ignored the strange little thoughts of the butler who had obviously started to breathe in front of him, and hurried downstairs after putting on his clothes.

This is Thursday, August 20th.

The location is Simon's apartment on 68th Upper East Side.

Just last night, when Simon was having sex with two women with different appearances, temperaments, styles and even ages, Celia Miller, who gradually upgraded from his original personal military assistant to Simon's Eastern European and African affairs assistant, hurried back from Moscow, and rushed to Simon's side after landing.

Things are very simple. The Russian economic crisis that had been accumulated for more than half a year finally broke out.

This matter starts with the Asian financial crisis last year. The storm of major emerging economies in Asia has caused countries around the world to withdraw funds in order to ensure the stability of their own economic situation. Eastern European regions, which have been attracting foreign capital in recent years, have been robbed. The capital outflow that has lasted for nearly a year has made the already unsatisfactory economies of Eastern European countries even worse and worse, with Russia being the first to be hit.

Let’s talk about foreign debt only. Compared with other mini economies, Russia’s current total foreign debt scale reaches US$150 billion, close to 60% of Russia’s GDP.

If the economic situation is stable and the scale of debt is huge, it will be fine.

The key to the problem is that the current international economic situation does not allow Russia to pay back slowly. The continued deterioration of Russia's domestic economy makes more and more people feel that Russia cannot afford it at all, so capital has started to flee last year, and the representative of it is Soros, who was told by Simon to evacuate Russia in advance this time.

In order to solve domestic economic problems, Yeltsin also used the new Russian Prime Minister Sergei Kiriyanko under pressure in the first half of the year.

Unfortunately, everything is useless.

Faced with the continued deterioration of the economic situation, just this morning local time, Russia had to adopt the strategy of turning the table up, directly giving up the protection of the Russian ruble's exchange rate, and officially declared a significant depreciation of 30%. In addition, the Moscow authorities also announced the revocation of Sergei Kiriyanko's position as prime minister for less than half a year, and former Prime Minister Chernomerkin temporarily served as the former Prime Minister.

The result of Russia's overturning the table is a larger financial turmoil.

With the Russian official announcement of a sharp depreciation of the ruble, first of all, the Asian stock market, which is close to the closing, generally took a sharp turn before the closing of the day, and then Europe, and next, it will be North America's turn soon.

The mists are everywhere.

"Before leaving, I had breakfast with Yeltsin's daughter Tatyana Tyachchenko. Tatyana once again expressed my intention to hope that the boss could take action to rescue Russia urgently. The other party also said that if the situation continues to deteriorate, Russia will have to launch strict capital control measures. In addition..." Celia said this, paused for a moment, looked at the expression of her boss opposite the dining table, and then said: "...I don't know if my understanding is wrong. Tatyana seems to be hinting that if the Yeltsin regime is loose due to economic deterioration, some of the boss's arrangements will be affected and cannot be promoted smoothly."

Inside the restaurant.

After hearing Celia's advice, Simon just nodded slightly.

Girl A walked in at this time and handed a piece of material to her boss.

Simon took it, looked through it, and said, "Transfer the relevant materials to James, and everyone will discuss it in the morning. Well, call Xiaoqing and let her come together. Also, please contact me and take the time to talk to the White House today."

Girl A quickly recorded it in the memo, confirmed that her boss had no other instructions, and turned around and left.

"You have a meal first."

Simon saw Celia across from the other side in a daze, reminded her, and then lowered her head and read the progress of the rescue negotiation between Russia and the IMF.

Like Asian countries, Russia has been in contact with the IMF last year and has been negotiating a rescue plan with the IMF for the past six months. However, unlike South Korea, which completely abandoned its economic sovereignty in the negotiations with the IMF, it is probably because it was repeatedly cheated by the West several times in the past few years. This time, Russia has gained the backbone. Even if the IMF is willing to provide a rescue loan of up to US$50 billion, it will not fully agree to the IMF's requirements.

So until now.

If history does not change, Simon still knows the follow-up.

Subsequently, after Russia turned the table up, it closed its doors and beat dogs. Like some Southeast Asian countries and regions, it implemented compulsory foreign exchange controls and directly closed the bond market, stabilizing the domestic market with nearly planned economic means again.

Although this approach caused Russia to lose international credit, it successfully stabilized its domestic economy without giving up its economic sovereignty and successfully waited for the economic recovery caused by a long bull market in 2000 years.

In fact, one of the biggest impacts of the Asian financial crisis in 1997 was that it made many countries realize that the so-called free market theory in the West is actually a fool. The whole process was only a few countries and regions such as South Korea were completely fooled by this theory for various reasons. Others, they turned up the table and broke the rules, not only defended their own economic sovereignty, but also caused far less serious than the mainstream Western public opinion exaggerated.

Later, in the 2008 subprime mortgage crisis, the US government's intervention in rescuing the market, let you understand even the stupidest person.

In a word: Free market theory, whoever believes in it is stupid.

This is actually like another Western theory.

Western countries always associate their prosperous economy with the institutional system, instilling in the world that your country's economy is bad and the people are poor is the reason for the system, and it has led to the continuous active or passive institutional reforms from countless countries around the world after the 1990s.

As a result, everyone saw it.

Because the West actually reversed the causal relationship between the two to a large extent.

Most Western countries have actually completed the industrial revolution, and the degree of economic accumulation has gradually promoted increasingly open institutional reforms.

This probably corresponds to the saying from the East, when the granaries are full, etiquette is known.

Only when the material is abundant can Western people begin to pursue more and more personal rights.

Just say one, right to vote

Perhaps many people subconsciously realized the right to vote at the national level. In fact, taking the United States as an example, women did not have the right to vote until 1920, and then in 1965, blacks were not able to obtain the right to vote. Others, Britain, subconsciously, must have been a veteran democratic country for hundreds of years. In fact, it was not until 1918 that the people realized the right to vote. Before that, only a few elites had the right to vote.

1918, 1920, 1965...Before any of these years, Western countries had actually completed the industrial revolution and completed the primitive accumulation of modern society.

Then there was a rather slow institutional reform.

Then, reverse the cause and effect and start to deceive the whole world, making one lame.

In fact, in Simon's opinion, the saying "the economic foundation determines the superstructure" that once learned is the ultimate truth. When the economy develops to a certain level, ordinary people's importance in the social and economic structure will become stronger and stronger, and they will naturally gain more social discourse. Unless someone can completely turn the table and make the country's economy retreat and retreat thousands of miles, some trends cannot actually be changed.

It is because the granaries are full that we know etiquette.

The key is the word "knowledge". What you know is not just etiquette.

This is off-topic.

Regarding Russia, Simon's ideas were once loose, but overall, he followed the original idea.

A brief summary, four words, raising bandits to respect themselves.

This is a very comprehensive general consideration, involving all aspects. The key is to prevent the federal government and even the public from paying too much attention to the Westeros system, which is becoming increasingly large and easy to affect the global economy.

If there is no external trouble in the country, internal struggle will arise.

Simon didn't want his business empire to be the target of the fight between the federal government and the American people.

For this reason, America, which is so powerful that it is the only one, still needs some external enemies, at least competitors.

Russia is just one.

Economically, Russia, whose GDP this year may be less than US$300 billion, certainly has no potential to compete with the United States, but Russia still has a strong military foundation, which is enough to pose a threat.

A threat must also be formed.

In order to avoid this "threat" disappearing due to the complete collapse of the economy and even completely change the direction of the world development in Simon's memory, Simon must not allow Russia to collapse completely.

On Thursday, with the ups and downs of global stock markets, Simon was also in urgent contact with all parties, including Wall Street, Washington, and even Yeltsin authorities in Moscow.

After all, ensuring that Russia continues to maintain it is actually in many ways.

For example, the US military.

If Russia collapses further, NATO will completely lose the need to exist. To whom is the US military-industrial group sold hundreds of billions of arms every year?

This is only one aspect.

Without Russia, the biggest variable is that Europe, which no longer needs the protection of the United States, is likely to truly move towards integration and become the biggest competitor of the United States. This is something that the United States is absolutely unwilling to see in all aspects.

Therefore, Simon took the initiative to contact all parties this time, put aside his scruples on short-term interests, and took the initiative to launch a bailout to Russia.

This can actually prevent Russia from turning over the table.

Russia once overturned the table, and Western capital withdrew one after another because Moscow destroyed the rules. Another result was that it voluntarily gave up its continuous penetration of the Russian economy. Then, lacking the support of Western capital, the strength of the domestic oligarchs in Russia was greatly damaged, and a great emperor successfully eliminated the major oligarchs and regained the domestic economy.

After all, it is ultimately the result of the West's giving up on it.

Simon favors a certain statement about the relationship between major powers in his memory, and fights without breaking it.

Competition is certain, but there is no need to break up completely.

It seems that the opponent was hit hard for a short time and suffered losses. Looking back, the biggest loss is yourself. Because you are voluntarily giving up your connection with the other party, giving up the influence and control you once had, which is said to be quite advantageous. After reacting, it is almost impossible to continue these things.

Simon's personal influence is here. Under this influence, if you start lobbying again, you will naturally achieve twice the result with half the effort.

Therefore, in the afternoon of the same day, all parties quickly reached a tacit understanding.

Confirm to launch a rescue to Russia.

Then, after a close consultation overnight, the next day, the news was revealed that the Russian government reached a temporary bailout agreement with the IMF, and the IMF urgently provided Russia with a loan of US$10 billion to stabilize the domestic economic situation.

In exchange, the Russian government must promise not to allow the ruble to continue to depreciate.

In fact, the subtext is that Russia must ensure that it does not overturn the table and cannot break international financial rules.

If only this $10 billion in cash is not helpful.

Russia's current problem is similar to Southeast Asia. The key is financial panic. Everyone loses confidence in Russia's economy, so they run out one side, causing a stampede effect.

Therefore, in addition to direct financial support, confidence is even more important.

The illusory thing like confidence is now, whether Yeltsin or Clinton, who jumped out to express his views, will not have much effect. If Soros, who has been in the financial circle for the past year, jumped out to express his views, it would be more likely to be counterproductive.

But, just so happens that Simon can give it.

With Russia's current GDP economic scale of less than US$300 billion, the name Simon Westeros is indeed enough to easily support international capital's confidence in Russia.

Therefore, as the IMF reached an interim agreement with the Russian government, Raymond Smith, chairman and CEO of Verizon Telecom, suddenly visited Moscow and signed an investment agreement worth US$2.5 billion with Russia's largest telecommunications group Russia Telecom Investment Co., Ltd.

Regarding Russian Telecom Investment Co., Ltd., this is also a project that Simon had contacted several years ago.

The first time she met Yeltsin's daughter in private, the other party wanted to give this project to Simon as a favor. Simon didn't want it at the time because it was a piece of fat that several major oligarchs in Russia were fighting for. Even if Simon was confident in his strength of this crossing dragon, he was too lazy to break the head with a group of local snakes.

Then, 25% of Russia Telecom's shares were transferred and won by the Russian oligarch Potanin, supported by Soros, for US$2 billion.
Chapter completed!
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