Chapter 212 Soviet Union National Debt

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"The Minister of Foreign Trade and Economic Cooperation of the Soviet Union went to London to promote the Leningrad Special Economic Zone Plan"

"Leningrad Special Economic Zone, a New Initiative for Soviet Reforms"

"Message from the Minister of Foreign Trade and Economic Cooperation of the Soviet Union - Willing to share the Soviet Union's reform achievements with Europe"

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Seryozha came to London with a huge plan, and with the arrival of Seryozha, all the capitalists in the City of London rushed to send various invitations to Seryozha. Why Seryozha is so popular is thanks to the previous reform and opening up policy of China, the neighbor of the Soviet Union, which set a good precedent for the special economic zone. This makes the Leningrad Special Economic Zone particularly attractive.

Now there is no country in the world that is wider than the Soviet Union, and no country is richer in resources than the Soviet Union, and the industrial base of the Soviet Union is many times better than that of China. When such a red giant laid down his arms and started to learn how to do business, most investors in the world believed that the Soviet Union would succeed. So just before Ulyanov arrived in London, the Ministry of Foreign Trade and Economic Cooperation of the Soviet Union and the Foreign Trade Bank of the Soviet Union had already released rumors to the media through various channels. All of a sudden, various economists began to analyze how much change the Soviet Leningrad Special Economic Zone would bring to the European economy. The Soviet Union has a population of nearly 300 million. The consumption and purchasing power of these 300 million people is even now higher than that of China. Such a country is much stronger. After all, China has just basically solved the problem of food and clothing, while the Soviet Union is a developed country that has popularized refrigerators, TVs, and tape recorders, and is pursuing a more affluent life. The goals of the two countries clearly show the difference in the background of the two countries.

According to Seryozha's plan, when he arrived in London, he would first attend the luncheon held by the Bankers' Association in London. After all, Seryozha still has the status of a foreign member of the British Bankers' Association. And in the eyes of most of the British media, Seryozha is the senior official in the Soviet Union who understands the market economy best. In this cold dinner speech, Sergei threw out an amazing financing plan to the British financial community. In order to build the Leningrad Special Economic Zone, the Soviet government decided to issue 500 billion U.S. dollars in the British open market for ten years. The interest on Soviet national debt is about 5%, all denominated in U.S. dollars. The amount of this financing plan alone has set a record in Europe in recent years. Moreover, because the Soviet Union's foreign debt repayment record is very good, and there has never been a debt default or overdue situation, most of the British financial institutions have rated these Soviet bonds with AAA ratings, which means that this batch of Soviet bonds The security of national debt is the highest in the world. With such high security and such high interest at the same time, it is simply the most ideal investment target for large financial institutions. After all, the interest rate of U.S. debt is only 2.00% or even lower, so many financial institutions have heard the news, wanting to follow the wind and make a fortune from him.

In fact, Seryozha knows very well that the Leningrad Special Economic Zone has not even delineated the land yet, and there is nothing about the system charter, staffing, budget, and short-term, medium-term, and long-term plans of this special zone. It was almost a blank sheet of paper. Sergey came to London with only a plan similar to the PPT of later generations.

The entire plan is mostly pictures, and even very little text, it can be said that it is a white wolf who came to London empty-handed. If it weren't for his identity as the Soviet minister and the Soviet government behind him to give him the bottom line, the whole plan is actually no different from a scam. In the final analysis, this is a shocking scam carefully concocted by Seryozha. Once exposed, the ultimate victim will be the European banking industry. get nothing.

But now Seryozha wants to weave a dream of wealth for Europe's banking industry. So Seryozha began to frequently attend various financial events in London. Although the European economy has recovered somewhat, its growth is still weak. The United States, the engine of the world economy, has been shut down for many years. But the Japanese market is extremely xenophobic, and their products are so competitive, the positive impact on European countries is far less than the negative impact, and Sergei Sha's reform plan seems to let the whole of Europe see an economy that is about to take off Growth rocket engine. In Seryozha's speech after speech, he portrayed to investors that the Soviet Union's economic reforms would bring more positive stimulus to Europe. Lending money to the Soviet Union, and then using the Soviet Union's economic growth to drive the economic growth of the whole of Europe, and at the same time using the Soviet Union's abundant natural resources to solve the problem of energy and raw material supply in the European market, this is simply a perfect combination, the most important However, once the economic exchanges between the Soviet Union and Europe become more frequent, the Iron Curtain will also be broken, and the days of harmonious development in Europe will be within reach.

With such a beautiful vision, the European banking industry is full of confidence in the prospects described by Sergey Shale, and firmly believes in it. And Seryozha's plan also aroused great interest from the British government. Over the past few years, the United Kingdom has been working hard to reshape the status of the European economic center. The 500 billion financing scale is definitely the largest financing plan in the world in the past ten years, and it is guaranteed by the national reputation of the Soviet Union, a superpower. No matter how you look at it , putting this financing plan in the UK is of great benefit to the promotion of the City of London's status as an international financial center.

It's a pity that it's not just the British who have thought of this. During the meeting with Prime Minister Thatcher, Sergey Shale did not take the initiative to promise anything, because he hoped that the British government could provide more favorable conditions. But as soon as he left the prime minister's residence at No. 10 Downing Street, the French ambassador immediately called him and asked him to visit him the next day.

Naturally, Seryozha would not shirk the opportunity that came to him. Anyway, cheating one is also cheating, and cheating two is also cheating. At this time, it is natural to have more fish actively biting the hook. So Seryozha invited the French ambassador to his residence the next day.

Early the next morning, the French ambassador to the UK brought his economic counselor to the hotel where Seryozha lived. The two had no contact with each other before, so they exchanged pleasantries for a while. When the topic got to the point, the French ambassador asked Sergesha carefully about the plan for the Leningrad Special Economic Zone. Sergesha noticed that the economic counselor of the French embassy kept recording in his notebook What, it seemed that he wanted to write down every word Sergesha said.

After Seryozha finished what he wanted to say, the French ambassador asked very respectfully, does Minister Ulyanov have any intention to accept French investors to participate in this huge plan of your country?