How profitable is Siberia?

It depends on the investment. If you invest hundreds of millions, you can get a return of ten times or more.

With around ten million, you could potentially earn a hundred million by investing in it. But if you want to double your investment, you'll need to increase it further.

Just like Zhang Haitao always wanted to figure out, how do you make money in that godforsaken place?

It's actually a disguised way of shorting the ruble.

Now is a very good time to make arrangements.

No one knew better than Xing Baohua that a giant was about to fall. And that fall would trigger a chain reaction.

Trading canned goods for machines or airplanes will have to wait; the timing isn't right yet.

Xing Baohua used to travel frequently, and there were always magazines and other entertainment items on the plane.

He had read an article that said Bachev's pension after stepping down was 4,000 rubles.

This was a large sum of money at the time, because the ruble was worth 1 US dollar at a time.

But by 1994, the exchange rate was 3,000 rubles to 1 US dollar.

What does this mean?

In other words, a pension of 4,000 rubles back then was only a little over one US dollar, enough to buy just a few loaves of bread.

For a big-bellied man like Xing Baohua, a month's salary would be gone in just a few bites.

During this period, polar bears had a tough time.

What is Siberia?

There are many trees on the ground. The underground is rich in minerals, including not only coal but also things like diamonds.

"Land grabbing" is the project name; the bank loan is for constructing buildings on the ground.

We were really good at this kind of tactic after the 1990s. It's a pity we didn't encounter monetary inflation, otherwise we would have made far more foolish moves.

Polar bears aren't having an easy time either, especially in Siberia. This situation has led to widespread greed.

Xing Baohua told Liu Haibo and others that it would be best to find a local small company to cooperate with in the Arctic Bear region.

He will also arrange for people from Huahong Bank and Citibank to follow up on the cooperation.

As for how to cooperate, it can be used as a channel for transferring funds.

They can just find any excuse to claim land, like raising pigs, cattle, or sheep.

We need to acquire the land to build a large-scale industrialized livestock farm. We need to get a loan first, to raise some cash.

Bury a few bags of coal and glass shards underground.

When the excavator began digging the foundation on the land it had claimed, it discovered something underground.

Upon closer inspection, it turned out to be coal or glass shards that had been buried beforehand.

Stop work and call the exploration company to come and explore.

At this point, you have to keep sending money out. This is to exchange it for a piece of paper and a few stamps from the exploration company.

There are valuable things underground.

Look underground, there are coal or diamond mines worth tens of billions. Development requires money; without collateral, where will the money come from for development?

You must obtain a loan from Polar Bear Bank or Continental Bank. Repayment is in rubles; other currencies are not accepted.

The Japanese lent us money back then, and this is how they treated us.

Especially with interest-free loans, the profits are actually all made from the exchange rate difference.

Xing Baohua's plan was simply much more ruthless than the Japanese plan.

The price difference over there is at most 50 yuan, but Xing Baohua's price difference is three thousand times.

Of course, after all the groundwork and initial investment, if you can make a 50% profit, that's considered doing quite well. Of course, the greater risk is confiscation, which Xing Baohua didn't dare mention.

The ruble also has a floating exchange rate, but it is very strong and has always been very stable.

As long as the final loan is secured, whether it's hundreds of millions or billions, it can be immediately transferred out through the bank and converted into US dollars.

The repayment period can be set in 1994, with interest paid annually but no principal repayment.

When the billions of rubles mature and the repayment is due, you can simply exchange them back for US dollars.

In other words, dividing several billion rubles by approximately three thousand gives you the amount of US dollars needed.

Of course, they could have gone even further, simply declaring bankruptcy in the late 1980s. They could have claimed there were no mines beneath the land they'd acquired, that they'd been scammed, and suffered significant losses, etc.

These are all things that can be boldly tried. After all, things are a bit chaotic over there, and people are panicking. They can even steal and sell valuable equipment, let alone counterfeit goods.

The one who changed planes took advantage of the loophole.

Actually, polar bears aren't stupid; they're just forced into it by life. They're all just trying to make a living, and besides, Xing Baohua's plan has relatively little risk.

Xing Baohua said everything except about the exchange rate.

As long as those from the polar bear side get involved, they can be promised that they will be placed in other banks, or even helped with their travel and residence in Europe and America.

Once the business is done, you can leave early—it's that simple.

If we get into trouble later, we won't be able to find them.

Liu Haibo and the others looked at Xing Baohua's detailed plan, which was explained step by step, link by link.

Is it okay to cheat people like this?

Xing Baohua said, "I didn't cheat ordinary people here. I just wanted to cheat those Western capitalists. Bank owners are all bloodsuckers. A few billion is nothing to them."

Sun Changjie asked, "Don't ordinary people keep their money in banks? Aren't you indirectly giving away the money of Western people?"

"It's different. Ordinary people don't have much money; most of it belongs to large corporations and conglomerates. Do you know who the richest family in the world is?" Xing Baohua asked a few people.

Seeing everyone shaking their heads, Xing Baohua sighed inwardly.

Consider it a lesson in professional finance for those bumpkins, even though he's not exactly an expert in that area.

But they know a lot more.

Do you know the Rothschild family?

Some shook their heads.

"What about the Locke family?"

What about the Morgan family?

"DuPont?"

Just as Xing Baohua finished speaking, Zhang Mingtao suddenly said, "I've heard of this family."

Xing Baohua nodded; finally, someone had listened.

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