Chapter 72: Keeping up with the times
Zhou Jianfeng returned home and went straight to find Zhou Youguang.
"Dad, it's a big deal."
Zhou Youguang, who was reading a newspaper, adjusted his reading glasses, looked up at Zhou Jianfeng, and said, "What's going on so late at night? Are the Russians invading?"
"It's not that... but it does have something to do with Russia. I got the news that the United States is going to sanction Russia. The ruble is depreciating wildly, so now is a great opportunity to speculate on the ruble. International hot money is pouring in, and with financial giants like Soros taking the lead, it will definitely work. Dad, we have to act quickly and get a piece of the pie! You know Soros, right? He's..."
Before Zhou Jianfeng finished speaking, Zhou Youguang snorted and said dissatisfiedly: "Is this the big thing you are talking about?"
Zhou Jianfeng was quite excited: "Isn't this a big deal? If we are determined to go all in and do this to him, our Zhou family can directly become an aristocratic family and achieve class advancement!"
"Stop talking nonsense . Even if the ruble devaluation is true, is it your turn? Soros is such a big shot. Why do you think you can be compared with such a big shot?"
Zhou Youguang is an old-school businessman. To put it bluntly, he started from scratch and always did down-to-earth business. Every penny he had was hard-earned.
To put it nicely, he is an industrialist, to put it bluntly, he is just a speculator. Moreover, given his size, he cannot even handle the small piece of land in Guangdong Province, and he has never considered international financial vision.
But isn’t it so that your son can have a bright future that you spend so much money to send him abroad to study?
And his son has never let him down, and can even be called the pride of their Zhou family.
At present, Zhou Jianfeng's words made sense. Although Zhou Youguang could not reach an agreement with Zhou Jianfeng in terms of ideas, he only scolded him verbally out of habit. He was still very happy in his heart.
So he changed the subject and asked in a low voice: "Have you seriously considered this? Are you sure there is a chance?"
Zhou Jianfeng waved his arms excitedly, "Of course! Dad, let me tell you, the big guys in my circle have already taken action! Our Zhou family must keep up with the times!"
Zhou Youguang hopes that Zhou Jianfeng will have a bright future, and he also understands the importance of personal connections.
Therefore, after weighing the pros and cons, Zhou Youguang said, "Twenty million. I can provide you with twenty million. This is the limit of what your father and I can give you. As for how far you can go in the end, it depends on your own luck."
Twenty million is definitely a huge sum of money for ordinary people, even after twenty years.
And in 1998, the purchasing power of this money was even more astonishing. Not to mention anything else, just the money could buy several courtyard houses within the second ring road of the capital.
But compared with a country's economy, this amount of money is not even a drop in the bucket.
So, Zhou Jianfeng was a little disappointed.
He studied abroad for many years and even though he had not eaten pork, he had seen pigs run. Especially during his internship on Wall Street, he had seen all kinds of big moves by ace traders. In his concept, 20 million was already a negligible sum of money.
"Only 20 million, what can it do?"
Zhou Youguang was immediately very unhappy when he heard this: "Twenty million is not enough? This is all I can take out now!"
Zhou Jianfeng quickly advised: "Dad, that's not the way to say it. This is just like stock trading. If you put in an extra dollar of capital, you might get several more dollars of profit. Just give me more. This is a once-in-a-lifetime opportunity to make money."
Zhou Youguang snorted and shook his head again: "If I say no, then I mean no. Stop nagging me."
Zhou Jianfeng took a deep breath, his eyes rolled, and he suddenly remembered something: "By the way, Dad, I remember you sold a house some time ago? There is still more than one million yuan that you haven't recovered? How about I go and get the money back and use it as my principal."
Zhou Youguang frowned, "Are you talking about the money from Lu Yiming? It's not due yet. It's not a good idea to ask for it now. We signed a contract."
Zhou Jianfeng was quite disdainful of this: "It's already this hour, why are you still concerned about contracts? To tell you the truth, I got the news that Lu Yiming is also clamoring to speculate on the ruble. But he is a layman in finance and doesn't know anything. I guess he will be counted by others when he is sold out. Don't let him lose everything and run away. Where can we get the money?"
Zhou Youguang was a little surprised: "Is it still possible? That's indeed a problem. Well, it's better to get it back sooner so that I don't keep thinking about it. Then, you can go and ask tomorrow morning. If the money is returned, it will be the principal I gave you at that time."
Zhou Jianfeng was immediately happy when he heard this. He and Lu Yiming were competitors now. If Lu Yiming lost more than one million yuan in capital, he would have more than one million yuan in capital. If he speculated on rubles, wouldn't the difference be several hundred million yuan?
The next morning, Zhou Jianfeng took all the contracts and documents to Tongxin Internet Cafe and found Lu Yiming.
"Mr. Lu, pay me back."
Zhou Jianfeng slammed the contract on the table and stared at Lu Yiming menacingly.
Lu Yiming, who was sitting on a chair with his legs crossed and drinking tea, glanced at the contract and said indifferently: "Isn't it not due yet? You are bullshitting."
Zhou Jianfeng knew that the contract had not expired, but he said arrogantly: "Stop talking nonsense and pay me. If you don't pay me, do you believe I will ask someone to smash all the computers here?"
Hearing this, Lu Yiming smiled contemptuously: "You can try, this is China, believe it or not, I will send you to the detention center for a seven-day tour?"
However, Lu Yiming thought about it and then said, "Of course, I am not an ungrateful person. If you are in urgent need of money, I can give it to you now. But according to the contract, if you take it now, you can only take one million, not the one million and two hundred thousand stated in the contract. Are you sure you want it now?"
Lu Yiming has a lot of money in his account now - although most of it is other people's money, it doesn't matter.
Zhou Jianfeng said without hesitation: "Now!"
In his opinion, if he gets the one million now and uses it to short the ruble, with his operating level, he can at least double his profit. Isn't that better than getting an extra 200,000 in half a year?
Li Quanwang saw the commotion and ran over, asking Lu Yiming, "What is this guy doing here?"
Lu Yiming said succinctly: "I'm here to ask for money. Here, give me the money."
Li Quanwang said unhappily, "Isn't it time yet? Are you really going to give it to me?"
Lu Yiming asked back, "Why not? If I give it to you now, I can save 200,000 yuan. Do you know how hard it is for me to earn this 200,000 yuan? It's a whole day's turnover!"
Of course, this was just a joke. Lu Yiming never bothered to speculate about others with malice, but he had to prepare for the worst. Now that Tongxin Internet Cafe had collected so many membership fees, if Zhou Jianfeng had nothing better to do and went to say that Lu Yiming couldn't even take out a million, and it triggered a run on the bank, then he would be finished .
Although he can talk about contract law with users who pay money, the country has always allocated money based on the noise. If something really goes wrong, he will most likely be in trouble.
In comparison, giving money is the simplest, direct and most effective solution.
"Okay, I'll go get the money."
Li Quanwang turned around and went to the renovated small safe, dragged out a woven bag with the word "urea" written in big letters on it, and threw it in front of Zhou Jianfeng.
"Here is one million in cash, do you want to count it?"