Reborn American Giants
Chapter 145 Target Federal Republic of Germany
To pull out a thorn that is deeply embedded in your heart, you may injure yourself by doing it directly. You must carefully cut open the surrounding skin and then slowly pull it out.
In a café on the corner of Cassias Street, Victor made an appointment with Farela Ferrando, the manager of the San Salvador branch of the Central American Bank.
Since Green Bay Fund successfully invested in Grenada's nutmeg futures trading and tried its hand at it, making a profit of nearly 20 million US dollars in one fell swoop, Victor turned his attention to West Germany.
Since the 1980s, Germany has adopted demand stimulus policies after shifting gears in growth, causing two major problems: government debt and industrial structure. After 15 years of high-speed economic growth with an average growth rate of 6.6%, Germany began in 1965
Growth-speed shift. In the early stage of the growth-speed shift, the German government refused to slow down and increased fiscal investment, which led to the emergence of institutional and structural problems in the early 1980s.
The systemic problem is the perennial fiscal deficit and accumulation of debt, which greatly limits the space for countercyclical fiscal spending to stimulate the economy. In 1983, interest payments on national debt alone accounted for 12.3% of the total federal government budget that year.
The structural problem is the slow pace of industrial restructuring and the long-term implementation of maintenance subsidies for traditional industrial sectors, which has led to a decline in the international competitiveness of enterprises. Foreign trade has been in deficit for three consecutive years, the mark has begun to depreciate significantly, the unemployment rate is 40%, and it has fallen into a serious economic crisis.
.
Economic stagnation, inflation, and high unemployment are definitely not friendly to ordinary citizens, but for investors, it is just the opposite.
In the 1970s, the disintegration of the Bretton Woods system and the downturn of the U.S. economy caused a large amount of speculative capital to enter West Germany through trade projects, leading to inflationary pressure on liquidity input. By 1983, West Germany's total government debt exceeded 244.1 billion marks.
, equivalent to one year's government fiscal expenditure in 1984. The declining economy is reflected in national life, which is a serious reduction in people's purchasing power. Before the West German mark invested in Victor, it had already begun to depreciate significantly.
In order to cope with severe inflationary pressure, the West German Bundesbank urgently launched an interest rate increase policy, raising the discount rate from 3% in 1982 to 4.5% in one fell swoop. However, due to the government's trade deficit for three consecutive years, the international community's confidence in the German mark
Insufficient, in this case, the Federal Bank's interest rate hike policy has had little effect in the face of the impact of international hot money.
Victor's Green Bay Fund is also part of the international hot money entering the market. Through its investment in Grenada nutmeg futures, Green Bay Fund has initially trained a group of qualified traders. Victor's investment in West German Mark this time
In the investment activities, a total of 200 million US dollars was invested, which was most of the "clean" funds he could use now, and he began to short-sell the West German Mark.
Due to the large amount of daily operations in the fund account, Victor's Green Bay Fund has been adjusted to a "three-star customer" by Central American Bank and enjoys high-quality services. Therefore, after receiving an invitation from the mysterious boss of Green Bay Fund
At the time, Farela Fellands, the manager of the San Salvador branch of the Central American Bank, quickly rushed to the cafe called "A Moment of Rest" to meet with Victor.
Ferreira looked at Victor sitting in front of him and sighed inwardly. He never expected that Congressman Jose Victor, who had been in the spotlight recently in the media and newspapers, was actually the "boss behind the scenes" of Green Bay Fund. The bank internally reviewed the last time Green Bay Fund
’s investment activities, it has been marked as a high-quality fund of Samsung. Unexpectedly, Congressman Jose is not only well-versed in the political arena, but also prosperous in the investment field.
He sorted out his thoughts and asked tentatively: "Haha, I didn't expect you, Congressman Jose, to be the boss of Green Bay Fund. This is really unexpected." As soon as the words came out of his mouth, Farella felt something was wrong.
Victor also had a smile on his face. He put down the coffee cup in his hand and said to Farella: "Manager Farella, you are really over the top. The parliamentarian is just a job. In terms of private life,
, I am also an ordinary person, and ordinary people will of course have various material needs, don’t you think?"
"Of course, of course, the pursuit of beautiful things is the driving force for the progress of human society..."
"Please call me Victor."
"Well, it's better to be respectful than to obey," Farela said with an eager smile on his face. He felt a little "regretful" for what he just said. It was really too low. Although what he just said didn't mean anything else,
But at first glance, it seems a little inappropriate.
After sorting out his thoughts, Farela threw these messy thoughts out of his mind, and he asked cautiously: "I wonder why you invited me this time, Victor...?"
Victor was holding a silver spoon and stirring the steaming coffee. He watched the liquid in the cup turn into a "whirlpool" as he stirred it. When he heard Farella's question, he was not in a hurry.
, keeping stirring at a constant speed and said: "Haha, I am a person who naturally likes to make friends. I heard from my company's manager Zelda that Manager Farela is a very great banker. Of course I want to get to know him.
."
"Manager Zelda praised me so much that I really don't deserve it," Farella said modestly, but he was very sober inside.
Deliberate approach, white lies, and finally ruthless betrayal, these are the "three elements" that Farela believes in making friends when he is in San Salvador's social circle. Especially when dealing with politicians, Farela is even more vigilant.
It is these people who "turn their backs and disown others".
"Haha, Farella, can I call you that?"
"Oh, of course, my pleasure."
"You are too humble, but this is a very good quality." Victor put down the silver spoon in his hand, looked at Farella, and said seriously: "And I like to associate with people with excellent qualities.
Friends, friends like this can help me get the same promotion, what do you think?" Victor raised the coffee in his hand and gestured to Farella.
"What you said is so good." Farela also raised her coffee and touched the cup Victor held in the air lightly. "Together with good people, you can become better... Well, this sentence
I must remember those words, haha.”
Victor also laughed. Farela put down the cup and swallowed the fragrant coffee in his mouth before saying: "As a friend, Victor, please tell me, is there anything I can do to help you?"
Victor looked at Farella, who was looking at him with calm eyes. Sure enough, none of these people working in the field of capital operation was a fool.
"We only want to make friends today, nothing else, haha."
No specific requirements were stated. The first meeting between the two parties was just to lay a foundation. Others would naturally come to discuss more specific matters later. Victor and Farella continued to talk and laugh.
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