Resource Tycoon Reborn
Chapter 19 Funding Gap
Chapter 19 Funding Gap
Fang Mingyuan naturally didn't know that Zhao Ya, who was upset by these boys in school, borrowed the words he once said. Not only did the poor boy be stunned and speechless, but he also made a group of people laugh in the corridor.
People created the number one joke in Longtan Middle School in 1990. Many years later, the students of Longtan Middle School can still clearly remember the scene that was talked about by everyone. And that poor boy has since
After that, there was a very loud nickname - Straw Man! Some people extended it and called him "Arrow Target".
"Stop bothering me. If you bother me again, I will tie you to a straw boat and borrow arrows." It has also become the favorite saying of the girls in Longtan Middle School to reject those entangled boys, and it has been passed down.
After this experience, both the boys in the same class and those outside the class had a love-hate relationship with Zhao Ya and Feng Qian. They wanted to get close to the two women, but they were also afraid of being like that poor "straight man".
suffered the same treatment.
These days, Fang Mingyuan is busy paying attention to the situation in the Middle East and understanding oil futures.
After collecting information over the past few days, he found that just like in his previous life, the Iran-Iraq war that lasted for nearly eight years had just ended. Iraq, which originally had abundant foreign exchange reserves, after eight years of war, not only the national economy
It suffered heavy losses and owed nearly 100 billion U.S. dollars in foreign debt.
As a non-renewable resource, oil cannot be manufactured, and as the main energy source to support the operation of society, oil is widely used and indispensable. Since World War II, the extraction and consumption of oil began to increase significantly. Although it has experienced
Oil prices have soared after the two oil crises, but oil consumption has not decreased because of the price increase. And Fang Mingyuan knows that oil will still be the global energy source until a long time in the future, at least in the years before his death in his previous life.
It is the largest single type of fuel in the world. Changes in its output will greatly affect the development of the world economy. The occurrence of two oil crises eventually led to a comprehensive recession in the Western economy.
As the world's largest oil-producing area, the Middle East is rich in crude oil resources and is known as the "World's Oil Depository." Its reserves account for about two-thirds of the world's total reserves. Among the top ten countries with crude oil reserves in the world, the Middle East countries
It accounts for five places, including Kuwait and Iraq. Although supply and demand generally determine prices, price changes affect the quantity and level of production and demand. However, oil price fluctuations do not completely comply with the law of supply and demand, such as some sudden
International political events will directly drive the rise or fall of international oil prices. Major changes in supply and demand and violent price fluctuations are often the result of international political events. Therefore, fluctuations in international oil prices are essentially a redistribution of oil interests.
Any political unrest here will cause people around the world to worry about crude oil prices.
At the end of 1978, the political situation in Iran, the world's second largest oil exporter, underwent drastic changes. Iran's pro-American moderate King Pahlavi stepped down. Immediately, Iran and Iraq went to war. Daily oil production in the Middle East dropped sharply, triggering the second oil crisis. Oil prices that year
It started to skyrocket, from US$13 per barrel to US$35 in 1980 in one year. This is undoubtedly the best precedent.
Fang Mingyuan clearly remembers that the Gulf War was triggered by Iraq's invasion of Kuwait. Historically, due to various reasons, Iraq and Kuwait had disputes over sovereignty and border issues. In the late 1980s, with the end of the Iran-Iraq War
With the disintegration of the world's bipolar system, the dispute between Iraq and Kuwait has become prominent again. Iraq hopes to quickly achieve national development under the new international situation. Specifically, it is to solve the long-standing issue of sea access that has troubled it and exempt it from the debt owed in the Iran-Iraq war.
With huge debts, it became a regional power in the Gulf. However, several negotiations with Kuwait failed in the summer of 1990, which eventually led to Iraq's invasion of Kuwait.
The outbreak of the Gulf War disrupted the supply of crude oil from Iraq and Kuwait in the world crude oil market. World oil prices soared three times in just three months, causing the economies of Western countries to collapse in 1990.
It fell into recession at the end. However, this time the high oil prices did not last long. The International Energy Agency quickly launched an emergency plan to put millions of barrels of crude oil reserves on the market every day, and OPEC, led by Saudi Arabia, also rapidly increased production, thus
The world oil price was quickly stabilized. Compared with the previous two crises, the impact on the world economy was much smaller. Experts in later generations described the Gulf War as an oil war. Bush, the then President of the United States, said that if
If control of the world's largest oil reserves falls into the hands of Saddam, Americans' employment opportunities and lifestyles will suffer disaster. For the United States, Gulf oil is its "national interest." Therefore, this war must
beat!
Since Iraq has to fight Kuwait, and the United States has to fight Iraq, who else can stop this war? This makes Fang Mingyuan believe that the outbreak of the Gulf War will still come as promised in previous lives.
Fang Mingyuan is not a saint. What does the life and death of the Arabs in the Middle East have to do with him? China has not invaded Arabia, but Arabia has attacked China. Why should he worry about the future of these Middle Easterners? What Fang Mingyuan needs now
What they were thinking about was how to raise funds to maximize the profits from the three months of soaring crude oil prices. This created enough conditions for them to borrow huge rubles from Soviet banks before the collapse of the Soviet Union.
Fang Mingyuan calculated his current property over and over again. Even taking into account the 300 million Hong Kong dollars that Mr. Guo Dongcheng loaned to him without interest, plus all his properties in Japan, the total amount was only 156 million US dollars.
This money, in China in the 1990s, was enough to make him one of the first people to become rich. But in the international crude oil futures market, even taking into account the principle of leverage, he could not even make a splash.
Get up. Fang Mingyuan was really unwilling to let go of such a rare opportunity to make money so easily.
Funding issues have undoubtedly become the biggest bottleneck in Fang Mingyuan's plan.
"It's March now. If everything will continue to develop according to the trajectory of the previous life, then Iraq will invade Kuwait in early August, leaving only these short four or five months." Fang Mingyuan sat in the spacious hall.
On the window sill, I was looking at the scenery downstairs, but I was constantly thinking about where I could squeeze out more funds.
You'll Also Like
-
All Beast Tamers: My beasts are all mythical!
Chapter 385 17 hours ago -
Everyone has a golden finger, and I can copy
Chapter 379 17 hours ago -
Pokémon: Rise of the Orange League
Chapter 294 17 hours ago -
Zhan Shen: Mental illness? Please call me the God of Mystery!
Chapter 227 17 hours ago -
Konoha's Legacy Master
Chapter 450 17 hours ago -
Zodiac patron saint
Chapter 774 17 hours ago -
The man behind the scenes in American comics
Chapter 99 17 hours ago -
Dou Po: Start Strategy Medusa
Chapter 599 17 hours ago -
Douluo asked
Chapter 35 17 hours ago -
Pokémon Detective: Zhulan forced me to adopt a Pokémon
Chapter 93 17 hours ago