Soviet Godfather - v5 Chapter 271

　　Although the Federal Republic of Germany and the Democratic Republic of Germany have not yet become a unified country in law, the Federal Republic of Germany can’t wait to reach out to the other side of the Berlin Wall. Not long after Honecker stepped down, although the Berlin Wall still exists, there are still troops guarding the border control passage. But East Germans no longer have to risk their lives to run to the other side of the wall. Now the troops guarding the Berlin Wall don’t even bother to check the exit and entry documents.

　　 Countless East Germans rushed to West Germany driving their own smoky satellite car. Many people come to West Germany for the first time and are unfamiliar with the local traffic rules. They will inevitably be punished by the West German police. However, once this happens, the West Germans will generously say: “We are not allowed to bully our East Germans. brothers.”

Although the people of the two Germans seem to be in peace and are ready to become a family, the capitalists of West Germany are not so kind. They have already prepared the funds and are waiting for the enterprises of the people of East Germany to start. Up.

　　As a showcase of socialism, East Germany’s industrial standards and people’s living standards have always been among the best in the socialist camp. In the past few decades, East Germans have created a large number of East German brands with world reputation under this socialist system. For example, the famous East German satellite car, Seagull camera, Carl Zeiss Jena optics, DKK refrigerator, East German National Shipyard, internationally renowned boiler and heating equipment manufacturer WWB Berlin, and East German famous copier manufacturer . There are hundreds of state-owned enterprises with excellent technology and good reputation in East Germany. However, after the East German government and the West German government reached a currency swap agreement, these companies fell into a serious state of loss overnight.

　　The West German government began to issue West German Marks to East Germany on July 1, with an exchange ratio of 1:1. The early move of the Bank of Colombia to exchange large amounts of US dollars for the East German Mark from the black market enabled the Gorky Group to make a lot of money in this currency exchange process. Earlier, 20 billion SDM was invested and the rate of return was as high as 120 billion SDM. That’s a full six-fold increase. The people of East Germany thanked the Kohl government for its generous behavior, which allowed their assets to increase sixfold. The entire East German society is full of confidence in the future after the merger.

　　 But are things really so good? Those East German state-owned enterprises don’t think so. The currency suddenly doubled six times, which meant that the original loan of 1 million East German Marks had to be repaid 1 million West German Marks, which meant that the production costs of East German state-owned enterprises had doubled six times. You must know that even the best For industrial enterprises in China, it is very difficult to maintain a debt-to-asset ratio of 60%, but the issuance of the West German Mark has also led to a substantial increase in the debt ratio. In this case, most of the East German companies have become insolvent almost overnight.

　　 Nowadays, most of the East German companies have begun to make serious losses under the impact of the West German Mark. One of the core competitiveness of East German enterprises-price advantage no longer exists. And those West German capitalists began to take this opportunity to embezzle state-owned assets in East Germany. The most ugly one among them is the Bank of Colombia. They bought the East German Mark before the launch of the West German Mark. After making a six-fold profit, they in turn embezzled the famous East German companies, such as the East German National Shipyard, Satellite Cars, Carl Zeiss Jena and other famous companies. The state-owned enterprise, and then the East German National Shipyard was sold to the Swiss Mediterranean Shipping Group. The satellite car was returned to Volkswagen, and Carl Zeiss Jena was sold by the Blackstone Group to the Carl Zeiss plant in West Germany. The Blackstone Group took this opportunity to obtain approximately 40% of the newly merged Carl Zeiss Optical Instruments. Take control of this long-established optical company.

　　Actually, in the eyes of Sergei Sha, West Germany’s 1:1 ratio of West Germany to East Germany is seemingly generous, but in fact it is a complete scam. In the past, East German people had the best welfare in the socialist camp. Although consumer goods such as coffee may face a single variety and insufficient supply, the East German people do not have to worry about unemployment, housing and other issues. The biggest expense of every East German family is probably the purchase of a satellite car. Because satellite brand vehicles have limited production capacity, they can only be supplied by ticket. The average savings per family in East Germany is around 7,000 marks, while the price of a satellite car is around 3,000 marks. Almost every family can afford this fee.

　　 But when the two Germanys merged, the East Germans slowly discovered that although the money in their hands had increased nominally, the price increase far exceeded six times. The actual purchasing power of money has become less. The 7000 mark is a large sum of money for both East and West Germans, but if it is used for shopping, it may not even be able to buy a golf. In West Germany, although people seem to be rich, in fact, most West Germans are in negative equity. They use overdraft credit to make consumption, and then use the earned money to return the money to the bank. West Germans seem to have Bright, but economically far from being independent of East Germans~www.mtlnovel.com~ This simple reason Seleosa still understands. At the same time, he is also brewing a larger plan, that is, to stab him in Japan. The method of bursting the bubble economy was repeated after the merger of the two Germanys, and he slapped him severely from Germany, the richest in Europe. Sergey Sha had no such opportunity, but Cole’s currency exchange plan gave Sergey Sha a chance. The 1:1 exchange between the East German Mark and the West German Mark increased the size of East German assets by six times overnight. This is not a serious currency oversupply, what is inflation? Is the West German Mark issued to East Germany supported by foreign exchange? Of course not. The wealth created by using the money printing machine without foreign exchange support will sooner or later be suppressed by the market to its true value.

Sergey Sha was confident of this plan, but he could not be too scheming, because the Central Committee of the Soviet Union had handed over the work of the two-German merger negotiations. He had to let the Soviet Union retreat from East Germany and at the same time. The last payment for protection from the West German government is to at least forgive the foreign debts that the Soviet Union has borrowed from the West German government for so many years. Although this condition is harsh, the West German government has no choice but to agree to it. Because the division of Germany was a joint decision of the United States, Britain, France, and the Soviet Union in accordance with the agreement. Without the consent of the Soviet Union, the merger of the two Germanys would be tantamount to denying the results of the Second World War. Regardless of whether the West German government wants it or not, the Soviet Union’s strokes are finalized, and of course there is the larger stroke of Sergey Shah. Sergey felt that if the plan to looting Germany went well, the Gorky Group would be incapable. Controversially became the world’s largest consortium. Because the Gorky Brotherhood is the only consortium in the world that has continuously looted Japan, which ranks second in terms of economic output, and Germany, which ranks third.