Chapter 13 Chapter 3 The Victim of Unrestricted Financial Warfare—Russia Has Been Spoofed

Before 2008, Russia was still immersed in the joy of economic development in the "Golden Decade". Until June 2008, Russian First Deputy Prime Minister Shuvalov also optimistically stated that Russia had become one of the world's largest economies and It is expected to rise to the sixth largest economy in the world that year.Russian Economic Development Minister Nabiullina also said that Russia's foreign exchange and gold reserves are close to 600 billion US dollars, and the total foreign direct investment in that year is expected to increase compared with 2007.However, by New Year's Day 2009, everything seemed to have changed.Russian Deputy Prime Minister and Finance Minister Kudrin looked forward to 2009 in this way. He said that for Russia, 2009 will be the most difficult year since the end of World War II. trillion ruble deficit.So, what exactly happened that caused the Russian economy to reverse suddenly, and how did this big country, whose power was constantly expanding before, fall into the trap step by step?

Readers, think about it, how could the United States turn Russia into the sixth largest economy in the world?In fact, the purpose of the drop in oil price from $147 a barrel to $35 a barrel is to count Russia.Russia is a very poor country.Reforms have been carried out slowly since the Gorbachev era, and these reforms have not been very successful. Russia's state-owned enterprise reform thinking is to suddenly turn low-efficiency state-owned enterprises into public-owned companies like American companies, and two professors from Harvard University in the United States helped them design the plan: Professor Sachs and Professor Shriver.So how do they turn Russia's state-owned enterprises into mass-owned companies?So they issued vouchers.For example, assume that each person is given 100 vouchers.You can buy companies with exchange coupons. For example, the value of this state-owned enterprise is 10,000 exchange coupons. If you take 100 exchange coupons for exchange.How many shares can be exchanged?Divide 100 by 10000.Equivalent to 1% of equity.So, they are thinking, if every common people exchange their own exchange certificates for equity, all of a sudden, Russia's state-owned enterprises will become mass-owned companies like the United States.But they never dreamed that the Russians are not interested in this, and they don't want to be a minority shareholder holding 1% of the shares.He would rather take the vouchers and sell them on the black market, eat a McDonald's hamburger, or drink a bottle of vodka, and ask him to be a minority shareholder. He has no interest at all.As a result, a large number of black markets were created at that time, why?Buy vouchers.

There were seven of the smartest people in Russia at the time, and they colluded with the Russian banks and the Ministry of Finance.Use the country's money to buy the country's exchange certificates, and suddenly exchange them after the purchase is completed.As a result, Russia became owned by these seven people from being owned by the state.After these seven people bought Russia, they caused great harm to Russia. Why?No production, coal is dug up and sold, fighter jets are sold, ordnance is sold, trees are cut down and sold without processing.Why?This is the cheapest way to make money, don't do any work, sell everything directly, and end up selling the whole country.Around 1999, the entire country of Russia plummeted by 50%, and Russia's GDP was only equivalent to the level of Mexico in Central America, because the entire country was sold out by these seven people.

In the end, Putin took office to restore the decline.After Putin took office, in order to reshape his image and authority, he immediately arrested Khodorkovsky, an oil tycoon among the seven oligarchs, and established his own authority.After going through this difficult journey, Russia began to develop steadily.