Chen Dong woke up and found himself reborn in 1990, a time when gold was everywhere. Carrying the regrets of his past life, he started by selling tea eggs...
Financial crises, oil crises, gra...
That's what I mean.
Are MiG series fighter jets awesome?
Even in the 21st century, when the number of fifth-generation fighter jets can be used to measure a country's air force strength, the deterrent power of the MiG fighter jet series should not be underestimated.
Chinese fighter jets, in their initial manufacturing stages, were more or less influenced by the MiG series, especially in the engine section.
During this period, the researchers who were able to produce the MiG fighter jet couldn't even afford a full meal a day and had to sell their jewelry to make ends meet.
It sounds absurd, but it's true!
There must be some basis for saying these things...
According to incomplete statistics, during this period, high-end talents who left through various means accounted for more than 20% of the total number of high-end talents listed in the national statistics.
Is that an exaggeration?
Not at all!
On the contrary, this is a very conservative figure.
Due to a shortage of research funding, more than 99% of research institutions across the country have been shut down.
No matter how amazing the weapons being researched were at the time, in the end, they all became a pile of discarded blueprints.
Some researchers were even forced to resort to begging on the streets.
Tight monetary policy, including raising central bank lending rates, establishing a reserve requirement system, and implementing loan quota management, controls the money supply and curbs inflation at its source.
However, the government miscalculated again this time.
Due to excessive tax burdens, business production shrank further, unemployment surged, and the government had to increase relief subsidies and direct investment, resulting in an increase in the fiscal deficit instead of a decrease.
Tight credit has led to a severe shortage of working capital for enterprises, resulting in inter-enterprise arrears and a growing problem of triangular debt.
The government was forced to loosen monetary policy, issuing an additional 18 trillion rubles in 1992, 20 times the amount issued in 1991.
Amidst the roar of the printing presses, the fiscal and monetary tightening policy failed.
at the same time.
Under the guidance of American financial experts, and amidst internal and external troubles and the wave of deep dissatisfaction among the Russian people with their current lives, an even more sinister plan was hatched.
500-day plan!
......