Chapter 65: Project Vantaa

　　 There is a very secret and unsecret financial invasion plan in the world.
　　 Its name is Project Vantaa.
　　 Talking is a middle-aged man in his forties. He is not tall and looks like Mickey Mouse.
　　His name is O. Vanta.
　　 In the 1980s, Vantaa was directly ordered by Reagan to engage in a secret financial war against the Soviet ruble.
After 　　, he established the "New Communist Financial Group" in Wisconsin, USA. The company's operating capital was only $17,000. But soon after the capital was injected into the secret overseas account of the United States, Vantaa's business began to grow bigger and bigger.
　　 Beginning in October 1990, Vantaa completed a very profitable transaction of buying 140 billion rubles for 5 billion U.S. dollars at a price that was double the black market price (28 rubles to 1 dollar).
　　 In January and February 1991, Wanta shorted 2,000 tons of gold on the London gold exchange market. The Soviet economy, which was already weak, finally hit the last nail in the coffin after the price of gold plummeted.
　　 It was O. Vanta's plan that made the Russian winter in 1991 even colder.
　　 The body that had suffered serious blood loss in the economic body, after the super-inflation was run over by the "wealth grinder", the life savings of a large number of mainstream people 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 looted.
　　 After that, countless stories about money and bloodshed were born to witness the evil of American imperialism.
　　Ovanta used the capital in his hands to sell rubles, so that the bear skin, bear bile, and bear paws from the polar bear were chopped off.
Look.
　　 Only by instigating the disintegration of the Soviet Union to short the ruble, Westerners looted the wealth accumulated by the Soviet Union for decades.
　　 They put hundreds of millions of people in the former Soviet Union into their mouths and chewed greedily.
　　 But in fact...this is a very loose third-rate novel.
　　Because any short sale must meet three conditions, borrow it, sell it in advance, and return the purchase.
　　 After Robert John left, Shen Jiannan closed his eyes and rubbed his eyebrows.
　　 The disintegration of the Soviet Union was an inevitable result. With the disintegration of the Soviet Union, the ruble also devalued and became a waste of paper.
　　In the future, the currency value of the new ruble has depreciated tens of thousands of times in exchange for the old ruble.
　　 After money lost its purchasing power, the old Maozi, who was once a middle-class man, drank methanol and even mixed shampoo with water as alcohol.
　　According to the actual value of the ruble in the future, shorting the ruble now is undoubtedly the best investment.
　　 But, it's difficult.
　　 The Soviet Union under the planned economy has strict foreign exchange controls, and it is precisely because of extremely abnormal foreign exchange controls that there will be a currency black market in the Soviet Union.
　　 It is not a little bit difficult to sell the Soviet Union for a small amount of money in this environment.
　　 To short the ruble, three conditions must be met.
　　 Borrow rubles, sell rubles, and buy rubles to repay the borrowed rubles.
　　 The devaluation 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 to these banks when the ruble depreciates drastically in the future, which can perfectly transfer the wealth of the polar bears.
　　The theory is very simple.
　　 But theory is never equal to practice.
　　The volume of the ruble in the global foreign exchange futures market is very small due to the imperfect currency properties.
　　Ukraine launched the ruble-to-dollar futures, and the daily turnover is only a few million dollars. Even in the financial markets of the New York and London markets, the rouble turnover is only a few tens of millions of dollars.
　　 At this point of transaction amount, it is impossible to play with a slightly larger capital.
　　The former Soviet Union did not disintegrate. The control of the capital market is very abnormal. Everyone has various restrictions on their bank accounts.
　　 Whether it is withdrawing money from the bank or wanting to exchange US dollars for consumption abroad, there are certain quota indicators.
　　 This is part of the planned economy.
　　 It is also very troublesome to borrow large rubles from the bank in the Soviet Union 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 restructure the 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.
　　 And here, the ruble becomes a truly free currency and realizes free circulation.
　　 The freedom of the free market is reflected in non-interference in the market.
　　 So in the implementation of the shock plan, the ruble depreciated like a waterfall.
　　The reason is very simple. This is a shock plan formulated by Russia, which liberalizes the fixed exchange rate of the currency and changes it to free market pricing.
　　 As a result, the shock fake death became a real death.
　　 The ruble collapsed.
　　 In such a market, is it possible to make money by just borrowing money and selling in the early stage of the rouble opening?
the answer is negative.
　　The reason why the ruble depreciated wildly later was because no one bought it, and no buying meant that it could not be sold.
　　The original attribute of the ruble is the bookkeeping voucher, which means it is worthless in attribute.
　　 So even if you can borrow rubles after the collapse of the Soviet Union, there will only be one result.
　　 all the bottom pants were lost.
　　 Many long-term capital management companies in the United States and Soros are the best examples.
　　 These people borrowed a large amount of rubles from Russia in the form of capital injection when the ruble was high. After the short position in their hands was established, the ruble collapsed.
　　 Short positions, short selling targets plummet, in theory, it is natural to make money.
　　Actually, whether it is Soros or those long-term capital management companies, each one is losing like a dog. The Quantum Fund loses as much as 2 billion U.S. dollars, and many long-term capital management companies have lost money to the point that they need US government assistance.
　　 This is a very ironic, absurd, and very anti-logical result.
　　The reason why there is such an incredible result is because of a common sense logic.
　　 Under normal circumstances, when a country’s currency is about to collapse, any country will spare no effort to save the currency system in order to avoid the complete collapse of the national economic system.
　　 Otherwise, the credibility of this country will be zero internationally.
　　No country can afford such consequences.
That's the problem.
　　 Polar bears are called polar bears because they are real bears, and bears never eat dead things.
　　The best way to not be killed is to commit suicide.
　　 When the Central Bank of Russia chose to commit suicide, a huge loophole appeared in the basic logic of short selling.
　　 The ruble is depreciated severely, but it also means that the ruble borrowed in advance cannot be sold in my hand. As a result, I can only watch the ruble rotted in my hands like waste paper.
　　 This is a rogue trick, but it is also a very effective trick.
　　 Then you can’t sell polar bears for small money?
of course not.
　　 At this point, a country once wrote a textbook.
　　 Three brothers.
　　 Before the collapse of the Soviet Union, before the Russian shock plan. The third brother's government borrowed 10 billion rubles from the Bank of Moscow.
　　 Ten years later, India returned 10 billion rubles to Russia.
　　 When India borrowed rubles, 0.9 rubles were exchanged for 1 U.S. dollar, and when the money was repaid, 1 U.S. dollar was exchanged for 3,800 rubles.
　　 It's just that individuals and companies can't guarantee their credibility like a country does. Even if they borrow money from the polar bear, it is difficult to exchange large rubles for dollars.
　　 Unless...
　　Yau Ma Tei Fruit Bar, the second floor of Yun Kee Wholesale Market.
　　 The not-so-large space was set up as a temporary conference center.
　　 A dark red table with a length of more than three meters was placed indoors, and a dozen men with big waists were gathered around the table.
　　 The top sitting position is Peng San in a suit, leather shoes and tie.
"Brothers, I think everyone knows about Lian Kun. In five years, Lian Kun's embezzled money was 30 million~EbookFREE.me~ and he paid homage to Baipizi two. More than a billion."
　　 No one answered.
　　The people who can come here are the core members of Yunji.
　　Of course they know how much money Lian Kun has made in these years, and they also know how much money Lian Kun secretly gave to the British for the development of the society.
　　 Not convinced, naturally.
　　 But no one dared to say anything.
　　 In the past week, all the members of Yunji who expressed dissatisfaction had an accident. Even the Qingshan Society sent people to pressure, and the entrance of the Qingshan Society was wiped out overnight.
　　 That terrible night makes people feel scared just thinking about it.
　　 Thunder strike.
　　 is not a rush between societies at all, but like a battlefield in the Xiuluo field overnight.
　　 "I promised all my brothers that half of the profits given to the British every year will be distributed to all the brothers. Do you have any objections?"
"No!"
　　 "I agree with the third brother's decision. Lian Kun used to give the club funds to those ghosts. I have long seen him displeased."
　　 "I thank the third brother for my brothers."
　　 "......"
　　 Someone really agrees, and some people are forced to cope with it helplessly.
　　 Under the horrific power displayed behind Peng San, no one refuted it.
"I will tell you something in advance today. Whether you believe it or not, I will make a detailed financial announcement of the club’s profits in the future. I promise that everyone’s share will not be less. But there are some things I hope. Don't touch it again..."
　　 "If the community wants to develop, it must take the right path. 97 is coming soon. If anyone dares to find something for me at this threshold, don't blame me for being polite."
　　 "......"