Chapter 74 Are you teaching me how to do things?
After entering the office, Zheng Zhiguang made a pot of tea, put his legs on the desk, and called out: "Jessica, are you there? Help me bring today's morning paper into the office."
Just as he finished speaking, a hot woman walked in with a newspaper.
Although she has an English name, she is a native Chinese. Jessica is an English name derived from Hebrew, which can be simply understood as "wealth". This is a very aggressive name, but sometimes being aggressive is also attractive. It represents a girl who is very popular in the group, lively and cheerful, and even a little bit aggressive.
Jessica is a civilian elite in Hong Kong's financial industry. She came from a low-income family but was admitted to a prestigious university. In terms of IQ and talent, Zheng Zhiguang is completely beaten.
But now, Jessica can only do odd jobs for Zheng Zhiguang. She has to do all the hard work and work more than 100 hours a week. Let alone falling in love, she doesn't even have time to go shopping or drink milk tea.
Jessica entered the office with several newspapers and a folder in her hands.
She placed the newspaper on the left side of the table in front of Zheng Zhiguang, and placed the folder on the right side of the table, saying, "This is the historical data on the ruble exchange rate that you requested."
Although he was in finance, Zheng Zhiguang had never paid attention to the ruble before. Therefore, after learning that Lu Yiming wanted to speculate on the ruble, he immediately asked his assistant Jessica to collect and organize information about the ruble and the ruble exchange rate.
" OK."
Zheng Zhiguang's eyes lit up and he quickly picked up the information and started reading.
In the late 1980s, the Soviet Union, the predecessor of Russia, underwent a huge change, which brought a serious economic crisis to Russia. By 1995, one hundred US dollars could be exchanged for 450,000 rubles!
The devaluation of the ruble was accompanied by vicious inflation. People's life savings, which they had worked hard to save, suddenly became enough to buy only a piece of black bread.
"Good guy, I'm really good!"
Zheng Zhiguang slapped his thigh wildly after seeing such an exciting history.
However, he also felt very confused.
Logically, with such a drop, it should have hit bottom.
One hundred US dollars to four hundred and fifty thousand rubles, this exchange rate is simply horrible.
Can it continue to fall after all this?
But this is exactly Lu Yiming's judgment. Although the Russians once used new currency to replace the old currency in an attempt to reverse the decline, it was ultimately in vain.
Zheng Zhiguang had listened to Lu Yiming's clear and logical arguments before and he agreed with them deeply. But now, Zheng Zhiguang began to doubt his own judgment - or rather, his judgment of Lu Yiming.
Jessica said to Zheng Zhiguang, "Manager Zheng, I often hear people say that traders go to the Russians to exchange things, because the money in the hands of the Russian people has become waste paper, and they can only use the valuable things in their homes to exchange for daily necessities from the traders. In 1989, Mou Qizhong used more than 500 carloads of materials to directly exchange for four Russian planes! I think we can also learn from him and use the materials in our hands to exchange for Russian assets, or even acquire factories there and do long-term business."
After hearing what Jessica said, Zheng Zhiguang suddenly became excited and said, “Great, I’ll go and give Mr. Lu some advice right away!”
At that moment, Zheng Zhiguang couldn't wait to call Lu Yiming, and regarded Jessica's idea as his suggestion: "Mr. Lu, I just saw Mou Zhongqi's deeds, and I think we can follow his example and use the resources in our hands to exchange for high-tech products from the Russians. We can even try to buy the factories there and make a fortune!"
Lu Yiming was surfing the Internet in an Internet cafe when he received a call from Zheng Zhiguang. He listened to Zheng Zhiguang's nonsense, and then, in Zheng Zhiguang's expectation, he yawned and said nonchalantly, "I'm not interested in these."
Going to Russia to do business?
what kind of business?
Going to Siberia to dig potatoes?
After hearing what Lu Yiming said, Zheng Zhiguang was stunned.
Brother, don’t you want to make money?
You know, Mou Zonghong made 100 million by trading airplanes!
That was 1989!
This is an era where even those with a monthly income of ten thousand yuan can act arrogantly!
Although it is already 1998, this tactic can still be used.
Back then, those wealthy people in Russia sold and acquired state-owned assets on a large scale and became oligarchs. What's wrong with exchanging some canned sweaters for a few factories?
It's very reasonable, okay?
You don't actually do it?
This is simply outrageous!
Zheng Zhiguang persuaded, "No, Mr. Lu, you can't say that. Since we have decided to short the ruble, why not go a step further? After all, shorting the ruble is a one-time deal. If we can build some factories or something, we can carry out industrial layout and make steady progress."
Lu Yiming said calmly: "It's not necessary. You don't have to worry about these. Just do as I say. If you don't want to cooperate, I can always replace you."
Go to the Russians to open a factory?
do what?
Digging potatoes to make potato chips?
Don’t you have any idea about the economic situation of the Russians?
Not to mention the 1990s, even in another 20 years, Russia will still be extremely poor. Going there to do business is simply a waste of time, and you will also encounter various "force majeure" factors.
The key to the problem is not whether there is a market there, but that it is the Russian bear. A strong dragon cannot defeat a local snake. If they want to deal with you on their territory, it only takes a word. You want to make money from a completely unreasonable country with an extremely bad temper?
That's really courting death.
"No, Mr. Lu, you may not know much about finance, let me explain it to you..."
Zheng Zhiguang wanted to continue to persuade and show off his professional knowledge in front of Lu Yiming, but he just started and Lu Yiming said, "Are you teaching me how to do things?"
In fact, what Zheng Zhiguang said is absolutely correct. Lu Yiming is indeed not a financial elite, and he does not understand monetary finance, but he understands the Russian bear!
There is nothing wrong with making a small profit by shorting the ruble and fleecing the Russians, but if you want to plunder them by sucking their marrow out of their bones, that is sheer wishful thinking.
The Russian Bear is not a weak country like the South Pacific countries. These small countries dare not cheat when facing the capital giants from the United States, but the Russian Bear dares to do so.
Lu Yiming didn't want to be locked up and beaten, and buried with Soros and others. That would be too unfair.
"No, no, Mr. Lu, what I mean is..."
"Okay, stop talking about those nonsense. I asked you to cooperate in shorting the ruble. If you are not happy, then I will replace you. If you don't want to be replaced by me, then just do your job honestly. As for you wanting to go over there to get assets , you go by yourself. I won't get involved. Do you understand?"
Lu Yiming had said so much, so Zheng Zhiguang naturally didn't dare to say anything more.
After finishing the call with Lu Yiming, Zheng Zhiguang immediately called Lin Shuyi and told her about the matter.