Jiang Fei and his group were thrilled and eager to join in.
"Big cousin, what are the requirements for becoming a middleman and doing border trade?"
"threshold?"
"There's really no barrier to entry for this."
"It would be best if you could speak a few words of their language. If not, you can use gestures!"
"That's exactly what I did!"
Lin Zhiming thought for a moment and then added a sentence.
"The light industry in Russia is underdeveloped, and there is a great shortage of things like daily necessities, food, and textiles."
"Most transactions are converted into cash value and then bartered."
"A small portion of transactions are paid in cash directly."
"If you want to do this, it's very simple. You just need to get a tourist visa and you can go there. But if you want to really make big money, you need to sell your goods to more distant places."
This is similar to what Lin Zhiyuan described.
It was the same as what Chen Dong had seen in the book.
But Chen Dong wasn't interested in being a "scalper".
No!
To be precise, he was simply not interested in border trade.
Doing border trade only earns you a little money.
Even if he reaches the pinnacle, and it's only in later generations that people talk about "trading canned goods for airplanes," he doesn't care.
What truly interested Chen Dong was the 'financial speculator'.
What is a financial speculator?
Simply put, it involves exploiting loopholes in the financial and monetary system to profit from exchange rate differences.
There are many reasons for this situation.
The most important reason was the war.
This is a war fought without the sight of gunfire, and unknown to the public.
After this war without gunfire ended, the United States established itself as the world's leading power.
The losing side suffers a setback in its domestic economy by over a century, with the wealth accumulated by the entire nation over at least 70 years being completely plundered.
Chen Dong has a background in finance, and major financial events in history are like they are engraved in his mind; he can't forget them even if he wants to!
The book records that the looted wealth amounted to 27.5 trillion US dollars.
However, he prefers the figure of 50 trillion US dollars recorded in unofficial historical accounts.
This infamous plan was called Project Wanta.
What Chen Dong wanted to do was to get a share of the profits from this plan.
Even if we don't say one-thousandth, but only one ten-thousandth, it still reaches an astonishing 5 billion US dollars.
During this period, China's foreign exchange reserves amounted to only 11 billion US dollars.
......
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