Rich Woman at Max Level, Relaxed in the '90s

Also known as: "Support Role Focused on Making Money" and "The Grind to Riches in the '90s".

Wang Xiao, a rich woman at max level, transmigrated into a novel where a suppo...

Chapter 451 No One Is Allowed to Cause Chaos: She's Going to Tear the Crack Even Wider

Chapter 451 No One Is Allowed to Cause Chaos: She's Going to Tear the Crack Even Wider

After Wang Xiao and Potanin reached an agreement, Wang Xiao turned around and instructed Gusinsky: "Prepare 2 billion US dollars and make a deal with Mr. Potanin."

Gusinsky paused, before speaking; Berezovsky spoke first: "Oh, Miss Wang, you may have misunderstood. Mr. Potanin won the bid with a bid of $1.87 billion, not $2 billion."

“But now he needs to spend $2 billion to buy shares of the power company from me.” Wang Xiao’s gaze fell on Gusinski. “I told him I would mediate fairly for you, and not a single cent could be wrong.”

Gusinski opened his mouth, but still couldn't organize his thoughts.

Wang Xiao's patience was running out, so he directly called a halt: "OK, since you think that 25% of the shares in the communications investment company are not worth 2 billion US dollars, then, Mr. Potanin, we don't need to trouble a third party. Let's just do the transaction directly."

Potanin couldn't help but laugh out loud: "OK, OK, no problem at all. I like dealing with straightforward people."

Gusinski was terrified, fearing that Wang Xiao and Potanin would really throw him off.

If the two of them reach an agreement, then what's left for him?

In terms of influence in the media industry, Wang Xiao owns MTV and is also a major shareholder of NTV. If he wanted to attack her, it would be very difficult to say who would win.

Oh no, well, he has to admit that if it really came down to a fight, he had absolutely no chance of winning.

She is exceptionally adept at discerning public opinion and controlling people's hearts.

If he dares to make a move, she can absolutely tear him to pieces, and she will still occupy the moral high ground.

Everyone would laugh at him, saying he was ungrateful and looking for trouble.

"No, no, no, that's not what I meant," Gusinski hurriedly denied. "I was just thinking about how to get the funds ready quickly. You know, I'm a man of action, I don't like to boast or exaggerate."

Who is he referring to?

Potanin felt confident that he had formed an alliance with Wang Xiao and was not going to tolerate him at all. He immediately started his sarcastic remarks: "God! Mr. Gusinski, so you really think that the Communications Investment Company is not worth 2 billion! I originally thought that your bid amount was 2 billion, really, so I bid 1.87 billion. I was prepared to admit defeat, but I also have to save face. I just don't want to lose too badly."

Gusinski was so angry that his face turned a deep liver color.

Now he's starting to make sarcastic remarks? He can talk whatever he wants now that he's won. If he were really going to lose, why did he refuse to withdraw from the bidding?

This shameless bloodsucker has already made a fortune through loans exchanged for shares, all using money from Russian customs! He's still not satisfied with how much he's earned from the government!

Wang Xiao called out, "Alright, gentlemen, then this matter is settled."

Gusinski's ribs ached with anger, but fearing further complications, he could only suppress his rage by pinching his nose: "Fine, I have no objection."

The telecommunications investment company embodies his dream of becoming a telecommunications tycoon, and he absolutely cannot miss this opportunity again.

Wang Xiao nodded, looked around, and said seriously, "Since everyone has no objections, may I say a few words?"

Gusinsky and Potanin, unusually, found themselves in sync, both thinking to themselves: "You've said everything already, and now you're asking if you can say anything more?"

Even if you let a bomb be planted here, we wouldn't dare to stop you!

Berezovsky was the quickest to respond: "Of course, Miss Wang, we are always willing to listen to your advice."

“I wouldn’t call it a suggestion, I only have a request,” Wang Xiao said earnestly. “I request that you not cause Ivan any more trouble in the future. I remember making it very clear before I left Moscow last year that I don’t like anyone causing trouble for Ivan.”

Berezovsky chuckled dryly: "Hey! Miss Wang, isn't there some misunderstanding? You know, Ivan is our good friend, we all like him, you know that..."

“What do I know?” Wang Xiao retorted. “All I know is that Ivan, without knowing the full story between you two, heard that you were having a fight, and his first reaction was to immediately drop everything in Siberia and return to Moscow. What did you do beforehand to elicit such a strong reaction from him, even convincing me to offer my shares to quell your dispute?”

Oh, the case is solved! Everyone suddenly realized.

I knew it! Given Miss Wang's personality, how could she be so generous as to cut her losses?

It was Mr. Ivanov after all. He's the Deputy Prime Minister, so he has to consider the bigger picture. He's also known for being kind and easy to talk to.

At this moment, the three oligarchs subconsciously overlooked Ivanov's tough stance when confronting them.

After all, everything should be compared. Compared to Wang Xiao, in the eyes of the oligarchs, Ivanov was already an absolutely good person.

Wang Xiao glanced around: "Regardless of whether I misunderstood this time, I hope similar things never happen again. Otherwise—"

She smiled and said, "I would never do that again. After all, if I did, people would think I was taking advantage of them."

Having just acquired the communications investment company, Gusinsky was naturally eager to say nice things: "Absolutely not, Miss Wang, I am deeply grateful to you."

Wang Xiao smiled enigmatically: "Who benefits from whom is not important. What's important is that if something like this happens again, I'll be the one to benefit from it."

She raised her eyes and looked up at Gusinsky’s face. “Mr. Gusinsky, in addition to NTV, I am also very interested in Echo of Moscow radio, as well as the magazines Seven Days and Review.”

Gusinski's smile froze on his face. She had been describing key components of his media empire. They were incredibly popular; *Seven Days*, a television magazine, had a circulation of 500,000!

Wang Xiao turned his head and looked at Potanin: "Mr. Potanin, I am also very interested in Norilsk Nickel and Cidanco Oil Company. Hmm, your bank is also quite good."

Potanin, who had been laughing at Gusinsky, could only manage a wry smile now. These were the very foundation of his livelihood.

He certainly didn't want to be targeted by a poisonous snake.

Wang Xiao also didn't let Berezovsky off the hook: "Sir, I think both Channel One and the dealership of WAZ automobiles are very worthwhile investments."

Berezovsky made a gesture of surrender and sighed loudly: "My lady, I really didn't do anything, it has nothing to do with me."

After holding it in for so long, Diachenko finally couldn't help but complain, "Boris, you know it has nothing to do with you?"

Good heavens, how embarrassing must it be for her who recommended him to the Kremlin, all because he meddles in everything?

Berezovsky's reaction was to give a helpless expression that was almost a wry smile.

Wang Xiao gave a forced smile: "That's why I want to make it clear beforehand. We're all comrades in arms. It would be so unseemly if we had a misunderstanding over something trivial and it turned into a fight to the death."

She glanced up at the clock again, then clasped her hands together. "Alright, gentlemen, now that everything that needed to be said has been said, I should take my leave. Don't see me off—"

She made a gesture of refusal, stopping the tycoons from exchanging pleasantries. "I just had my arterial blood drained. The only feeling I get when I see you is that everything goes black. I don't want to reminisce with you at all."

Potanin chuckled and gave him a polite bow: "Yes, ma'am, when you find me agreeable, I hope I will have the honor of inviting you for coffee, oh no, tea."

Wang Xiao nodded at him, neither agreeing nor disagreeing.

She nodded to the remaining two media moguls, then turned and left.

As soon as she moved, the large force she brought with her followed suit. Even the Kremlin guards, who had been called over by Diachenko to prevent the three oligarchs from fighting and causing a murder, also left.

Berezovsky first stood at the door of Gusinsky's office, watching the main force depart; then he hurriedly went to the window, his gaze continuing to follow the departing group.

In his gaze, Wang Xiao was surrounded by admirers, and even Tatyana Dyachenko, who was of noble status and taller than her, seemed to have become her attendant.

What a pity.

Potanin followed his gaze and looked over, his eyes landing on the two of them. He sighed softly to himself.

He knew that Chubais and Berezovsky, among others, had tried last year to put Dyachenko in the vice presidency—oh, the vice presidency didn't actually exist.

The matter was eventually dropped.

Looking back now, it's fortunate that it didn't happen.

After all, power can easily corrupt and mislead those who come into contact with it by chance but do not truly understand it.

For such a person, wielding great power is a disaster in life.

Oblivious to being watched, Tyachenko continued to sigh after going downstairs, "Your Majesty, only when you come will they listen to you."

Wang Xiao smiled slightly and said slowly, "Real money is always the most prestigious."

Tyachenko felt awkward for a moment. She grasped Wang Xiao's hand and said earnestly, "Wang, I didn't expect you to offer shares in the power company."

Good heavens, this is terrible, she actually played the role of a robber.

Yes, yes, in 1995, when her presidential father forced the power company onto Ivanov, the latter didn't actually pay much.

But at that time, how much tax did the power company owe, and how much bank loan did it owe? It was completely insolvent.

Even worse, despite the low electricity prices in Russia, many electricity users are still unable to pay their bills, often delaying payment for years with no end in sight.

Dyachenko was well aware that Mr. Ivanov had not made any money from the power company. On the contrary, he had to draw money from other industries to pay the salaries of the power company's employees.

Now that the power company has finally appreciated in value thanks to the booming stock market, they're being forced to sell 20% of their shares at a bargain price.

She couldn't help but feel her face burning.

“Alright, darling,” Wang Xiao interrupted her, looking intently into her eyes. “Our goals are the same: to quell their war, aren’t they? Whether it’s appeasement or a compromise, as long as things stabilize now, that’s all that matters.”

She sighed. "Russia's economy has been through so much trouble to get to where it is today, and it's finally showing signs of recovery. No one can ruin all of this. Do you understand, darling? We have to hold on."

Just as Tyachenko opened her mouth as if to speak, the sound of hurried footsteps reached their ears.

Everyone looked up and saw Chubais jumping out of the car and hurrying towards them.

Moscow at the end of July is not hot at all, especially now that it is late at night, the evening breeze carrying the scent of four o'clocks and even has a slight chill.

But under the light, the beads of sweat glistening on Chubais's forehead were clearly sweat.

When he saw Wang Xiao and Dyachenko, he looked surprised: "They've already finished talking?"

He had assumed that Wang Xiao would return to Moscow tonight and rest for the night before looking for Gusinsky and Potanin the next morning.

When others went to the Kremlin, they were surprised to learn that they had started talking that very night.

He couldn't stay still any longer and quickly chased after them.

Wang Xiao nodded and said succinctly, "Alright, they've given up. Mr. Koch, prepare to collect another 130 million US dollars."

The sweat on Chubais's forehead turned into mist, and he asked blankly, "Where did 130 million US dollars come from?"

Wang Xiao smiled and said, "Because Mr. Gusinski agrees with my idea that a 25% stake in the communications investment company is worth $2 billion."

Chubais was first taken aback, then turned angry: "Miss Wang, you've gone too far with your joke. The bidding results cannot be canceled, and they cannot be reversed!"

Seeing that things were not going well, Tyachenko quickly explained the situation in a few words and emphasized, "They have no objections and have all accepted the plan."

Chubais's brow remained furrowed: "No, this isn't how we should solve the problem."

"So what do you think should be done?" Dyachenko asked, exasperated. "Should we let them keep making a scene? Let it escalate to an unbearable level?"

Chubais took a firm stance: "They have to accept the facts."

Just like in the presidential election, Gusinsky had been forced to leave the country by the Kremlin, but in the end, he had no choice but to stand on the president's side.

Diachenko felt that Chubais was simply unreasonable. How could the situation be the same as in 1996? In just over a year, the country's situation had undergone earth-shattering changes.

“OK, darling.” Wang Xiao turned her head and looked at Diachenko seriously. “I think I might need to talk to Mr. Chubais alone.”

Tyachenko was also afraid that he would have a direct argument with Chubais. They had already argued before because Chubais refused to cancel the bidding results in order to de-escalate the tense situation.

“Alright,” Diachenko conceded, “you two talk.”

The car door opened, and Wang Xiao gestured for Qiu Baisi to get in.

After closing the car door, her first words were: "Anatole, if you let them continue to cause trouble, they will destroy your political life just like they destroyed Lebed and Korzhakov."

Seeing that Chubais was about to speak, Wang Xiao made a stop gesture. "I know you're not afraid. Ivan and I both know you're not afraid. Because we know you have a clear conscience."

"Everyone says that Russia's richest people were all created during the privatization process. They all made a fortune through privatization. But we know that as the mastermind behind privatization, neither you nor your loyal assistant, Mr. Koch, earned a single ruble from it."

She sighed, with a hint of joking complaint, "If you were willing to take money and do things for us, it would be much easier; we could definitely take over Yukos Oil Company. Unfortunately, you're completely unyielding."

Chubais was slightly embarrassed, but still stated the facts: "Khodorkovsky is doing a good job, and the oil company is running very well."

He fired the drunkards who were always drunk, improved the oil company's productivity, and the whole atmosphere of the company was completely different.

But it seemed inappropriate to emphasize this point in front of Wang Xiao now, so Qiubais immediately changed the subject: "A bidding is a bidding, and it must be done according to the rules."

Wang Xiao continued to urge a halt: "We know you have a clear conscience, but almost no one in this world can withstand close scrutiny under a microscope, and have any particular detail magnified. When public opinion is in a frenzy, the truth doesn't matter, because the public is always easily swayed by emotions. At that point, Anatoly, what will you do?"

Chubbs gritted his teeth: "The truth will eventually come out. Just because they are media moguls doesn't mean they can keep turning black into white forever."

"But we can't wait. We can't just sit here and wait for the day when you can clear your name."

Wang Xiao looked up at Chubais in the rearview mirror and emphasized earnestly, "Sir, you cannot underestimate yourself. You must understand that you are crucial to the Russian economy."

She took out some chewing gum from her pocket and gestured to Chubais first.

The latter hesitated for a moment, but still took a piece of chewing gum and put it in his mouth.

Miss Wang wouldn't want to poison him here.

Wang Xiao also took a mint-flavored gum and chewed it to refresh herself: "This summer, in June, South Africa entered winter and it was too cold, so I went to Bangkok."

Chubais unconsciously rubbed his nose.

In fact, Moscow in June is not that hot. If she doesn't want to spend the winter, the most appropriate choice would definitely be to fly directly back to Moscow from South Africa.

Everyone knows why she doesn't return to Moscow: she doesn't want to cause tension in Moscow's political and business circles because of her presence.

Wang Xiao continued speaking to herself, "Bangkok is truly beautiful. It's like a city in a developed European country, very wealthy. But when I went, it happened to be during Thailand's financial crisis. I personally witnessed a bankrupt gigolo commit suicide by overdosing on pills in the hospital, and I also personally witnessed a wealthy man with a gun at the entrance of the trading center—"

She made a gun gesture with her hand, her fingertips touching her temple, "Like this, bang!"

Cold sweat broke out on Chubais's back instantly. He forced a smile and said, "I understand, Miss Wang. Please put your hand down."

This person truly has no aversion to cold or raw foods.

He added, "This is just a temporary difficulty, and Thailand should be able to get through it soon."

Wang Xiao nodded: "Hmm, that's what I thought when I left Bangkok too. But afterwards, the Thai baht plummeted, and now it's 32 baht to 1 US dollar. Besides the Thai baht, the Philippine peso, Indonesian rupiah, Malaysian ringgit, and even the Singapore dollar have also fallen."

Chubais dryly emphasized: "It's okay. The international environment is good now. These countries have developed for so many years and have a good foundation. They should be able to recover quickly, unlike Mexico."

Wang Xiao turned her head and looked at him seriously: "Is that really what you think?"

Good heavens, no wonder the Russian economy completely collapsed in 1998. It turns out that their top government officials were completely unaware that a huge crisis was about to unfold.

Chubais unconsciously rubbed his nose again, even feeling embarrassed.

How should he explain this?

Since June, the situation in Moscow has been turbulent due to the dispute between Gusinsky and Potanin over their communications investment companies.

He was so overwhelmed with worries that he had no extra energy to pay attention to distant Southeast Asia.

To be honest, Russia focuses most of its energy on Europe and the United States, and has very limited energy to devote to other smaller Asian countries, apart from a few major ones.

Fortunately, Wang Xiao didn't press him further, but instead shared her thoughts: "My intuition tells me that things might not be that simple. The trigger for the crisis affecting Thailand and the entire Southeast Asian region was the withdrawal of foreign capital. Before the crisis, they were recognized as investment hotspots, just like Russia now."

Chubais's expression tightened, and he turned to look at her in astonishment.

In his view, Russia and Southeast Asia have absolutely nothing in common. They can even be described as diametrically opposed, and are the kind of entities that can completely complement each other.

Wang Xiao's eyes darted around, her thoughts drifting: "When I realized this, I asked myself, what if something like what happened in Thailand happened in Russia? Panic is a kind of infectious psychological disease that can sweep the globe for no reason. When they feel that emerging investment markets are unreliable, they are likely to back out and take their money back to places they consider safe."

“This is perfectly normal. I would have done the same. But if everyone did this, it would be a huge disaster for the region where the investment is taking place.”

"So, how can this region that received the investment avoid this disaster?"

Wang Xiao looked at him, "Sir, can you give me an answer?"

The back of Chubais's shirt was soaked with cold sweat.

If someone else said those words to him, he would most likely think that the other person was crazy.

But she is Miss Wang, a sharp-eyed and perceptive Miss Wang.

If she suspects something is wrong, she must have her reasons.

Moreover, it was a point that even Chubais could not refute.

Good heavens, as the key figure in Russia's economic reforms, he knows all too well what sustains Russia's finances now.

Bonds, constantly issuing bonds, using new bonds to repay old debts.

Because currently, tax revenue is insufficient to support the operation of public finances.

Wang Xiao also pointed this out and expressed understanding: "This is actually not surprising. The United States does the same thing. All its national debt is backed by the government's credit. The only advantage of the United States is that it can keep printing US dollars that are recognized all over the world, while other countries' currencies do not have this ability."

"Therefore, we cannot let foreign capital leave; we must make investors willingly stay."

"How can we achieve this in a situation where panic is rampant?"

Wang Xiao sighed, "After thinking it over and over, there's only one possibility: the desire to make money has overcome the fear. Only by making everyone believe that they can make more money here can they ignore the potential risks."

Her gaze fell on Chubais's face again, her determination almost sharp. "Therefore, we cannot allow any disturbances. You, Mr. Koch, and all the oligarchs, all those considered representatives of the Russian economy, must not cause any trouble now. Otherwise, any slight disturbance could trigger the sensitive nerves of investors and cause a panic flight."

Chubais closed his eyes briefly, his brow furrowing even more deeply.

They originally planned to take advantage of the improved economic situation to make some big moves.

But if what Wang said is true, then they really can't act rashly.

Wang Xiao's expression softened, and she comforted him, saying, "Finding emerging markets isn't easy; hot money always needs somewhere to stay. If we can maintain our position, they're very likely to stay. To achieve this goal, I'm willing to take a loss. Anatoly, please be patient too. Don't rush, take it one step at a time."

Chubais chewed his gum hard twice, frowned, and finally reluctantly agreed: "Okay, this is the last time. Let's just let it go, but not again, absolutely not again."

Wang Xiao laughed out loud: "I don't have much meat left to cut."

Chubais then realized, "I'm sorry, in the end you're the ones who suffer the loss."

Wang Xiao said seriously, "If you really feel sorry, just make things less difficult for Ivan in the future."

"My God!" Chubais felt utterly wronged. "When has he ever lost an argument with me?"

How could someone who is praised by everyone as a good person, but is actually quite tough, be a simple character?

Wang Xiao wasn't guilty at all; on the contrary, she said confidently, "Then you can tell him to waste less breath."

Seriously.

Chubais felt a deep sense of powerlessness; he felt he couldn't reason with a woman in love.

They will stand firmly and righteously by their loved ones' side, just as a mother would unconditionally protect her child.

They firmly believe that everyone is a bad person and that anyone could potentially bully their loved ones.

My God!

Chubais had no choice but to back down: "Okay, okay, I'll be careful."

Wang Xiao nodded in satisfaction: "At times like these, we should work together even more closely."

The car door opened, and she got out. She walked step by step towards the anxious and uneasy Diachenko, opened her arms and hugged her: "It's alright, it's alright now. Mr. Chubais understands our predicament and won't contradict us anymore."

Diachenko visibly relaxed and blurted out, "God, Your Majesty, you're still not in Moscow, are you? I...we all need you."

Wang Xiao shook his head and said regretfully, "No, it won't work. Everything is difficult at the beginning. I still have a lot of work to do in South Africa."

As soon as Tyachenko said it, he regretted it and quickly backed down, saying, "Is that so? Then you should come back as soon as things are on track over there."

Wang Xiao smiled and nodded: "We'll see when the time comes; plans never keep up with changes."

Her car had already pulled up, and she waved goodbye to everyone.

After getting in the car, the driver asked the boss what his destination was.

It's already past 11 p.m., and as is customary, the boss will probably just stay at Huaxia Commercial Street for the night.

But this time, Wang Xiao decided: "Let's go back to the villa."

She smiled, as if explaining, "It's been quite a few days since I've seen them. I wonder how the little pandas are doing."

When the car arrived at the villa, the zookeeper, who had been woken up, was quite nervous.

At this hour, the red pandas are already fast asleep, sprawled out on their backs. Forcibly waking them up would be rather cruel.

But she didn't dare offend her boss.

Wang Xiao, on the other hand, gave up easily: "Since they're asleep, let them continue sleeping. I should rest too."

But after closing the door, the first thing Wang Xiao did wasn't brush her teeth, wash her face, or take a shower; instead, she picked up the phone and called Zhou Liang directly.

The villa is Ivanov's home, so its communications security level is the highest, and its anti-eavesdropping measures are the most comprehensive.

At this hour, it was already daylight in Southeast Asia, and Zhou Liang immediately received a call.

Wang Xiao wasted no time: "Soros is going long on US tech stocks, so you can start gradually building a short position in the Nasdaq index now."

Zhou Liang immediately pressed, "How much did you put in?"

"Don't rush, slow down a bit, let's put in 500 to 1 billion US dollars first, you can decide the exact amount yourself."

Wang Xiao thought for a moment and then added, "Oh, and don't forget to buy out-of-the-money put options."

At this point, placing put options is a low-cost, high-potential-return strategy, suitable for "pre-emptive ambush" tactics.

Zhou Liang listened, nodded, and agreed.

She has now basically figured out her boss's strategy, which is to use high-frequency, high-risk short-term operations in Southeast Asia to provide ammunition and risk hedging for the low-frequency, strategic main battles in the United States and South Korea.

She wouldn't allow a single penny to be wasted, not even a minute; she demanded that all actions be carried out simultaneously, providing mutual cover and support.

Zhou Liang was right about one thing: Wang Xiao's strategy was indeed being implemented simultaneously.

Her strong desire for control dictates that she will require everyone to be in the place she designates at the time she needs them, and to act strictly according to her plan.

So after hanging up the phone with Zhou Liang, she called Beijing and contacted Yang Tao.

After she was assigned to Beijing to develop the market, this girl was basically left to her own devices, doing nothing but hard work.

Wang Xiao didn't really pay attention to her.

Free-range farming has its advantages; through trial and error, you learn things you never knew how to do.

Now Wang Xiao is going to give her a chance to take it a step further.

After the call connected, Wang Xiao asked, "Have you arranged your work in Beijing? If so, you can lead your team to the United States."

What are we going to the US for? To visit high-tech companies.

Shorting the US stock market and causing a sharp drop in stock prices presents a good opportunity to buy into promising small and medium-sized technology companies.

She's in charge of killing, so she must also be in charge of burying the dead.

Yang Tao, full of energy and vitality, said, "Everything is arranged. I can book the plane ticket right away."

Wang Xiao hummed in agreement, half-jokingly and half-seriously saying, "Make good use of your advantages as a college student and conduct thorough investigations. Whether the group can reach new heights in the future depends on the results of your investigations."

Yang Tao immediately tensed up and quickly pledged her loyalty: "I will definitely watch carefully and learn diligently."

Wang Xiao comforted her for a couple of minutes, then hung up the phone. He closed his eyes and pondered, going over the whole plan again.

What makes her dare to start shorting the US stock market at this time?

It's all thanks to her golden finger as a time traveler.

The only thing she knew relatively well before she traveled through time was the Hong Kong financial crisis, also known as the battle to defend the Hong Kong dollar.

As is well known, this battle lasted from 1997 to 1998.

Ultimately, the default on Russian government bonds led to heavy losses for US funds investing in the Russian market, which in turn triggered a tightening of credit in the US banking sector. This significantly increased the borrowing costs for speculative funds like Soros, forcing them to prematurely end their strangulation of the Hong Kong dollar.

When Wang Xiao read this story, he found one thing particularly strange: why did Soros stop his attack on the Hong Kong dollar in October 1997 after failing to bring down its exchange rate, instead of continuing to increase his bets?

From a theoretical point of view, he had just swept through Southeast Asia, earning at least several billion US dollars from countries such as Singapore, Malaysia, Thailand, the Philippines, and India. He should have been riding high at that time.

He has no reason not to press on with his momentum.

Don't bring up the idea that he witnessed Beijing's toughness and, after weighing the pros and cons, dared not confront it head-on.

Such self-indulgence is meaningless.

If that were the case, why did he make a comeback just a few months later in 1998?

The only explanation Wang Xiao could think of was that a major event occurred in October 1997 that caused Soros to run into financial difficulties, forcing him to back down and buy himself more time to raise funds.

To prove this hypothesis, Wang Xiao even went to look up information.

There's no way around it; once a person's curiosity is piqued, she won't be able to sleep until she finds the answer.

Sure enough, this investigation led her to discover the truth. October 27, 1997, was another Black Monday.

That day saw a global stock market crash, including a sharp drop in the US stock market.

George Soros, a global financial magnate, was specifically mentioned in the document, which stated that he suffered heavy losses due to the stock market crash, losing half of the money he earned in Southeast Asia in 1997.

Unfortunately, this stock market crash in the United States was a mini-crash, with a much smaller drop compared to those historically significant stock market crashes.

What Wang Xiao needs to do now is to tear the opening even wider.

Since it's already falling, let it fall hard, let it fall to its breaking point.

Therefore, her rear area must be completely stabilized, and no one is allowed to interfere with her plans.

————————!!————————

While it may sound unbelievable, historically, starting in June 1997, Russia's political and economic reforms came to a standstill due to the escalating power struggle among oligarchs. Everyone was caught up in the infighting, so much so that they were completely oblivious to the Asian financial crisis. Consequently, in 1998, a series of blunders worsened the situation, ultimately leading to government default and national debt default. [I sigh] Every time I write an article and research, I can't help but let out a sigh.

Regarding the president's youngest daughter, Tatiana, it's not that I'm deliberately omitting any redeeming qualities; it's just that I haven't observed any significant political wisdom in her. Before writing this article, my strongest impression of her came from a blog post she wrote in 2008, where she described the president as a weak person. At the time, I couldn't understand what she was trying to achieve. What benefit would she gain from offending the president? Besides marginalizing her and reducing her political influence to zero, what else could she achieve? Later, in researching for this article, I discovered she's a typical second-generation figure from a special period, corrupted by power, accustomed to privilege, and prominent because of her bloodline, but lacking the adaptability and vision necessary for a politician.

What is political wisdom? A quote I read that aligns with my understanding is: the ability to formulate long-term strategies, establish institutional power, effectively manage public image, and be tactful in order to preserve and enhance one's influence within a complex power structure.

As I understand it, she doesn't possess that kind of wisdom.

Compared to Secretary Fang and others, she seemed like a helpless child forced into politics. Not actually entering politics was, in fact, a stroke of luck for her.