"With the ruble depreciating sharply, our people have already entered the Hong Kong market. They are just waiting for our order, and international speculators will quickly flood into the Russian financial market."
Soros accepted the report with satisfaction. "I told you long ago, everything would be foolproof according to my plan."
Robertson was somewhat displeased to hear that Soros wanted to take all the credit for himself. Soros' Quantum Fund and Robertson's Tiger Fund were like a loose alliance; the two companies sometimes cooperated, but their relationship was not close.
Especially Soros and Robertson. Because Soros is more famous and has more influence in the international market, people only know Soros and few people know Robertson.
Robertson was naturally arrogant and resentful of being ordered around by Soros.
“After the market trend changed, Russia reacted quickly and invested a lot of money to support the market,” Robertson said, composing himself before continuing, “The Tiger Fund quickly became entangled with the Russian Ministry of Finance to attract their attention.”
"Once the work on the mainland is completed, Hong Kong will be ours."
International hedge funds' ultimate target is still Hong Kong. Their attack on Russian futures markets is an attempt to create chaos by causing a global stock market crash in Russia, and to plant a landmine of UFO relief supplies in mainland China, hoping to slow down the mainland's progress and prevent them from paying attention to Hong Kong so quickly.
At this time, the ruble had depreciated severely, and even though international speculative capital was reluctant to leave due to Russia's policies that attracted investors, people had no choice but to go.
The capital that leaves will then become the power they control.
Soros smiled slyly, "Those idiots in the mainland will definitely think that we are attacking Russia's financial market to attract the attention of international speculators."
"However, on the contrary, after attacking the ruble, capital will inevitably leave, and foreign companies in Russia will also withdraw. At that time, the funds they have will become international speculative capital and continue to circulate in the market."
Robertson was more ruthless than Chen Dong had imagined. He not only wanted to profit from short sellers in Hong Kong, but also from financial tycoons and international speculators from all over the world.
"As planned, we'll focus on the Russian market first, and then concentrate all our efforts on attacking Hong Kong when the time is right." Soros tapped the table, and the traders in the office nodded in agreement.
Russia's economy is facing difficulties both domestically and internationally. A year ago, they used privatization and other means to improve the operational efficiency of relevant industrial sectors and promote the dispersed holding of shares.
In the public utilities sector of Russia, the country continues to increase public fiscal revenue while reducing the fiscal deficit to address the problem of high domestic unemployment.
This time, the sharp decline in various market indices in Russia and the devaluation of the ruble quickly attracted the attention of commercial banks, international financial institutions, and related enterprises.
Chen Dong convened an emergency meeting at Longteng to address the recent stock market fluctuations in H country.
"Last year, Russia promulgated new privatization laws, transferred some state-owned assets for compensation, and promoted industrial diversification through property rights exchanges."
Chen Dong sighed, "This is a good thing for Russia in itself, but it also brings negative effects. Economic transition will inevitably trigger infighting among interest groups, and this process will inevitably be accompanied by the scramble for resources."
"The presidents of the Russian oligarchs, such as Berezov of the United Bank, Gusinsky of the Dagbridge Bank, and Gradov of the International Bank, hold a monopoly in the banking, oil, military, and media sectors."
“International hedge funds wanting a piece of the pie would be stealing their cake, so they certainly won’t agree to it.”
"Our rear area can learn from this idea. When fighting against Russian domestic and international hedge funds, cooperating with relevant oligarchs might make it easier to win this battle."
After hearing this, Ma Guoliang roughly understood Chen Dong's approach to solving the problem of the Russian ruble's devaluation.
"So, we need to unite the forces within Russia to defeat international hedge funds from the inside out?" Ma Guoliang asked.
Chen Dong nodded; he didn't want Yulia to fight alone.
Therefore, the plan is to select a few trustworthy consultants and researchers from within Longteng and send them directly to Russia, which will also be helpful to Yulia.
Chen Dong's original first choice was Ma Guoliang, but after comprehensive evaluation, he gave up on the idea.
Ma Guoliang was in charge of the Hong Kong market, and he had been preparing for this for quite some time. No one knew the situation in Hong Kong better than him.
Hong Kong needs Ma Guoliang, so Ma Guoliang cannot leave.
"The bigger crisis for Russia is not the devaluation of the ruble, but its serious fiscal deficit, which makes it difficult for them to repay their national debt," Chen Dong deduced.
"Given Russia's current international political standing, if their domestic market experiences a tremor, the whole world will shudder."
"If a national debt crisis breaks out, then the Russian national debt that the Federal Reserve bought will all become worthless."
The United States doesn't want to take responsibility for this, since national debt is considered a stable investment. If this investment fails, they will have to print money again, which would be embarrassing for them given their arrogant attitude.
Under pressure, the Federal Reserve had to approach the IMF and the World Bank for assistance. The IMF and the World Bank offered to provide financial support to Russia.
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