2269 [New Business Opportunities]
Summer then found the Zion Presbyterian Church.
"The snipers in Hong Kong can stop." He told Soros, Weinberg and others.
"Why?" Everyone couldn't help asking curiously when they heard him say this.
"First, I received the news that China and the UK will soon reach an agreement, and then, I will use administrative means to resolve the economic crisis in Hong Kong." Xia Tian explained, "Second, there are better opportunities to make money now, and we don't have to waste time in Hong Kong anymore."
After several rounds of negotiations, China and the UK finally reached a consensus, which is to use administrative means to crack down on Hong Kong's financial speculation and let these international hot money retreat.
The reason for this is that Britain is determined not to pay, while China's foreign exchange reserves were insufficient at that time. In comparison, the scale of international hot money that sniped Hong Kong was as high as about 200 billion US dollars.
Under such circumstances, even if China and the UK take all their foreign exchange reserves to support Hong Kong, it will only serve as holding firewood to put out the fire. In the end, the fire is out of service, even China and the UK will suffer heavy losses. In this case, they can only use administrative measures to crack down on Hong Kong's financial speculation.
No matter how rampant the international hot money is and how strong the strength is, it is still at an absolute disadvantage compared to the power of the throne.
Because the Ching Mansion has the power to formulate rules of the game and also serves as a referee. If international hot money wants to play this game, they must follow the rules of the Ching Mansion, and at the same time, the Ching Mansion must judge the winner and lose. Therefore, in this way, the chance of hot money making money is almost zero, which is completely the rhythm of being crushed by the Ching Mansion on the ground.
Of course, unless it is forced, free trade ports like Hong Kong will not use administrative means to excessively interfere with the financial market. Because it will destroy Hong Kong's investment environment, affect investors' confidence, and thus affect the prosperity of Hong Kong society.
However, now, Hong Kong's economy is on the verge of collapse. It has been half a year since the economic crisis. The market is already very depressed and the unemployment rate remains high. The people's confidence in the Hong Kong and British government and investors' confidence in Hong Kong have disappeared.
Therefore, in this case, using heavy punishments in troubled times, hard medicine to treat severe diseases, and using administrative means to resolve the Hong Kong crisis has become the best choice between China and the UK.
In his previous life, when Hong Kong was attacked by Soros, it was finally forced to use administrative means to intervene, which led to repel international hot money.
...
After hearing Xia Tian’s explanation, the people of Zion’s Presbyterian Church couldn’t help but change their faces.
They know that summer has a close relationship with China and are likely to receive high-level information.
And what he said is very likely to be true. Since that is the case, it is better to stop speculation in Hong Kong.
In fact, because the Hong Kong government has been reluctant to use foreign exchange to exchange Hong Kong dollars, they are basically out of money now and can only intermittently get the wool of stock investors.
It's just right now.
"Since that's the case, then we'll withdraw." Soros and others nodded, "But what is the next business opportunity you're talking about?"
"What I'm talking about is the Soviet Union." Xia Tian smiled slightly, "I believe I don't need to say more, you can guess that the collapse of the Soviet Union is certain."
"..." When the Presbyterian Zion heard this, he looked at Xia Tian together, and then shook his head, "We haven't thought so before. How can you be sure that the collapse of the Soviet Union is certain?"
Although the Soviet Union has not been peaceful in recent years, it would be too alarmist to say that it would disintegrate. And they did not believe that the country is so strong that the only two superpowers in the world will fall apart like this, which is simply a myth.
"It's very simple. Because the Soviet Communist Party's guides are incompetent, and Ye Liqin is very strong, do you think that after he is elected as president, he will allow another group of officials to be on his head? He will definitely disband the Soviet Communist Party and expel them from Russia. At that time, it will be difficult for the Soviet Union to not disintegrate." Xia Tian smiled slightly, "No matter how strong the fortress is, it will be broken from the inside."
"..." Hearing that he said, the people of Elder Zion took a look and didn't comment.
They could also see that the relationship between the Soviet Union and Ye Liqin was very stiff. After Ye Liqin came to power, the status of the Soviet Union became very embarrassing, but they did not think that this would lead to the collapse of the Soviet Union.
"Okay, I've said everything I should say. Do you believe it or not?" Seeing this, Xia Tian spread his hands and said, "I've said goodbye."
"No, no, we don't believe it." Weinberg quickly stopped him, "However, with such a major matter as the collapse of the Soviet Union, we cannot accept it with just a few words. We still need to do detailed investigation and research."
"You're up." Xia Tian nodded, "Anyway, after the collapse of the Soviet Union, the economy will deteriorate for a while. At that time, if you enter again, you will have to make a little less money."
As far as he knows, Russia's later economy has not improved much until the new century, and has been relying on export resources to exchange for money. Like countries in the Middle East, Central Asia, South America, Africa and other places, this is a very degrading behavior.
Because resources are exported, the exported materials are all raw materials, and the prices are not much higher. However, the goods it manufactures can be sold for a lot of money because of their high added value. Therefore, exchanging resources for money is a last resort for many poor countries.
Moreover, although Russia has a vast territory and abundant resources, it will eventually be exhausted. If it cannot complete economic transformation and always relies on selling resources to make a living, then once the resources are exhausted, what should Russia do?
This is like Nauru, an island country in the South Pacific. Because the island is rich in phosphate mines for mining, every Nauruian national is very, very rich.
They are also very willing to spend money. Although the island is not big, only 21 square kilometers, every household has cars, and there are more than one car.
At the same time, because there are mineral resources for money, Nauru people do not pay attention to education and eat and drink at all times, which makes thousands of people across the country be fat, with a high proportion of chronic diseases such as hypertension and diabetes.
But unfortunately, this paradise-like life did not last long. The phosphate mines in Nauru gradually dried up, the country's foreign exchange income dropped sharply, and the lives of residents plummeted.
From a rich man before, he turned into a poor man who could only rely on the government to provide relief. The Nauru country itself had no other reliable income, so he could only discuss with the Australian Daliya to build a prison on the island to detain prisoners sent by Australian Daliya.
A country that was once rich and turned into a prison island, which is a pity to think about.
...
Chapter completed!