Chapter 1367: One step closer


Tan Zhenhua’s suggestion made Theo. Weigel was lost in thought.
Securitizing debts will greatly increase the liquidity of these debts and reduce the pressure on holding these bond institutions. They can even mortgage these bonds again to obtain cash when they are in urgent need of funds. This will obviously be A solution welcomed by the majority of investment institutions.
And this is not only good for the institutions that hold these debts, but it is also very good for the West Hans government that bears these debts. Because these bonds can be easily circulated in the market, it means that the government can choose the time to repay these debts more conveniently and flexibly. For example, when government surpluses are sufficient, these bonds can be repurchased in the market in advance to offset the total debt. You can also choose to issue some new bonds to repay the principal and interest owed by the old bonds when the government's finances are tight.
Of course, there are hidden risks in doing so. Issuing government bonds means that the government has substantially increased its leverage and increased its amount of "shadow currency", and this large amount of bonds will inevitably have a large portion Entering the financial market through various methods such as cross-mortgage will virtually push up the total M2 of the entire society, which will inevitably cause a certain degree of inflation-if one is not careful, it is easy to cause trouble. , Especially when Tan Zhenhua also requires the mark to be the base currency unit for the issuance of these bonds, the impact is directly on the country’s economy.
As the Minister of Finance of a country, he is of course clear about these possible consequences, and at the most critical period of action against East Hans, the future direction of the entire economy is full of uncertainty and a new economic measure has been introduced. You need to be careful and then careful.
Theo. Weigel had no choice but to tell Tan Zhenhua that he needed to go back to discuss with Prime Minister Cole before making a decision on this proposal. At the same time, he also expressed the hope that Tan Zhenhua would put forward all the conditions at once so that he could make a comprehensive decision to the Prime Minister. Reporting of directions.
Now that the most specific content has been discussed, Tan Zhenhua did not sloppy this time, but put forward his own conditions straightforwardly.
First, he hopes that the West Hans government will relax the review and restrictions on his holding of large-scale West Hans corporate equity. As for this quota, he hopes to follow the principle of reciprocity-that is, the West Hans that China will invest in. What are the conditions for the enterprise, then he should also enjoy the same treatment in West Hans. As a reference, the current policy implemented by China Xia is that the proportion of foreign shares in key enterprises shall not exceed 49%;
Second, he hopes that the West Hans government will relax the restrictions on the export of technology from its companies. At least it should not increase the "Batumi Agreement" again. At the same time, he should be allowed to invite West Hans companies to join some non-military use projects. In design and development;
Third, since the Kohl government is determined to complete the great cause of reunification, once this event is successful, it will inevitably privatize the vast majority of East Hans enterprises. He asked to participate in this process and allow "Red Flag Capital" to become these East Hans. Equal rights legal purchasers of enterprises must not set restrictions. After all, East Hans’ enterprise and technology are actually lagging behind Western standards. By then, West Hans will most likely look down on these
backward
gadgets, and these things do not originally belong to them. The content stipulated in the "Batumi Agreement"-that is something of the Warsaw Pact camp, of course the NATO camp can't control it, right?
Fourth, this is a personal request. Tan Zhenhua said that he is a fan of military equipment. If he has the opportunity, he hopes to pick some from the Soviet arsenal of East Hans as his collection...
Among these four conditions, Theo. Weigel keenly discovered the significance of the first and second conditions proposed by Tan Zhenhua to West Hans-if these two conditions are agreed, it means that West Hans' foreign policy has undergone major changes. These two conditions It seems that Tan Zhenhua is paving the way for the business activities of his own companies in West Hans, but in fact, the opening of this opening means that West Hans has opened an opening in the investment from China, and it also means the export of technology to China. The level has also gone up a step!
This is an obvious signal that Tan Zhenhua and the people behind him are no longer satisfied that Huaxia has only become the investment destination of West Hans’ capital, the commodity dumping market, and the transfer recipient of outdated technology. They want to be one step closer!
This kind of thing obviously goes far beyond Theo. Weigel, the Minister of Finance can decide the authority, then this matter must be handed over to Prime Minister Cole to decide.
Theo. Wiegl hurried back to Bonn, and immediately interrupted his first state visit to Pollan after receiving the news of the fall of the Berlin Wall. Cole, who had just arrived at the prime minister's residence, was temporarily interrupted.
Haven't waited for Theo. Weigel greeted him, and Cole said hurriedly: "Theo, you came just right. I need to add a temporary budget. There are so many people coming in from the Berlin Wall. Some of them are even penniless. If this is not possible, it will cause trouble. I have just held an emergency meeting with the Federal Ministry of the Interior. They expect that the number of people entering from Berlin or via Jekoslovak may exceed one million in the recent period. We are completely It is impossible to determine how long these people will stay in the West Hans and what they will do, but one thing is certain. At this time, we can’t expel them and can only manage and guide them appropriately, so I decided to Every East Hans citizen who enters will provide 100 West Hans Marks pocket money, a bag of fruit and provide them with a dinner, Theo, you have to prepare for me at least 200 million Marks money that can be used at any time, and it must be cash ."
(The above temporary disposal methods are historical facts, the author's note.)
"It's money again!" The Minister of Finance felt that his mouth was full of bitterness. For the unity of the two Hans, the trading conditions that had been secretly negotiated or were being negotiated with the various stakeholders, those were for the purpose of buying the hearts of the East Hans. And the budget prepared at this moment turned into a row of shocking numbers that appeared in his mind one by one, and then turned into a big mouth, ruthlessly devouring the wealth that West Hans had accumulated over the years.
There is also a temporary emergency like today, Theo. Weigel believes that this is only the first day, and in the future, this situation will happen more and more frequently, because what is about to happen is a situation that has never happened in human history, and no one can For this reason, a sound and prudent response is formulated in advance. What Cole and the government under his leadership can do is to prepare money, more money.
Money is certainly not everything, but at this terrible moment, no money is absolutely impossible!
Theo. Weigel sighed secretly in his heart and responded to Cole: "Mr. Prime Minister, I can allocate this budget right away, but do you have time now? I want to have a good talk with you about me and that person. The communication process of Mr. Eric from China."
Cole hesitated a bit, because there were so many things he needed to deal with urgently, but he quickly understood what the Secretary of Finance wanted to talk to himself, and finally nodded and said: "Okay, Theo, you Half an hour."
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