Wall Street of the third generation chaebol

＜ The first work of the Ministry of Finance. (2) >

“Actually, the UK cares more about Russia than Venezuela.”

UK and Russia.

Now they are tug-of-war for world supremacy with the Great Game. From the British standpoint, there was no time to waste time in Venezuela now.

If it wasn’t for the attention of British public opinion and the collection of the German Empire, it was not the right time for Britain to worry about it.

click.

I opened my briefcase and picked up the report. It was quite thick, so it wasn’t a volume that could be read quickly.

“It’s a pretty good amount.”

“I said it was a summary, but it’s probably four years worth of data. This is the deflationary state of Imperial Russia.”

“Five.”

deflation.

Simply put, it is a fall in prices.

The problem is that, in other words, a fall in prices means a reduction in assets. Put simply, a situation in which wealth ‘actually’ decreases, as opposed to relative inflation.

Deflation is more difficult to overcome than inflation.

Dramatic examples include the Great Depression and Japan’s Lost Twenty Years. Just looking at the lineup, Pito appears.

I skimmed through the contents of the Imperial Russia deflation report page by page.

“Are you holding up pretty well?”

I looked quite surprised.

The financial Russia project is in the form of a British-led operation and support from Standard Oil. I do my own information analysis, but not as much as in the UK.

When it comes to the state of imperial Russia, the UK is more nimble.

It’s the first time I’ve sent it off like today, but the monthly report is quite useful.

put down the report.

“The situation is suppressing deflation by exporting grain. After all, even if oil, coal, and steel are poured at low prices, the grain market is not going to change much.”

grain.

Russia is basically an agricultural country. It is also the strongest agricultural country in charge of global grain production. Compared to the United States, Russia had an upper hand in the international market. grain major.

I thought this would hold up, but it’s pretty sturdy.

“Well, it’s not without impact. Branovel has been changing manpower to dump oil and coal for four years.”

“Dumping.”

Dumping itself is an act of low-cost competition and may be considered a legitimate economic act. It’s a problem because it’s so fair that it has dried up even the basic rights.

The problem is the aftermath of dumping.

Companies attempting dumping have to expand their production lines on a large scale and release their stockpiles to the market. But then the net profit will decrease.

What if the net profit declines?

Start cutting employee salaries. They cannot be fired because they need manpower, and they fall to the point where they are treated like slaves by cuts.

Impossible in modern times.

However, it is possible in Imperial Russia.

‘But dumping will dry up not only the employees, but also the blood of Bra Novel.’

“Bra Novels must have joined hands because there is a profit too, right?”

“Yes, of course. Branovel is also a private company. It prioritizes private interests over national interests. There is a reason why the UK, Branovel, and Rothschild, the largest shareholder of Branovel, joined hands.”

Bra Novel is the core of this operation.

Standard oil is imported from overseas, so it can be controlled to some extent with tariffs, except for smuggling. However, the situation is a little different for Bra Novel in Russia.

First of all, it is a Russian company. this.

“Bra Novel has devoured both Russian oil and coal markets through aggressive M&As over the past four years. The Donbas Coal Zone is already Bra Novel’s vegetable garden.”

“…without looking at anything, Bra Novel must have devoured the Bakuyu battle.”

Then yes.

It would not have been a loss from the point of view of the Bra Novel.

Now that Donbas and Baku have been devoured, it is safe to say that Branovel has devoured the Russian energy industry.

Britain took control of Russia’s energy industry.

It is a secret that the US capital investment was behind it.

The midterm settlement was quite satisfactory.

In fact, it would be impossible with other powers.

Britain, France, and Germany, who are sensitive to external debt, will forgive any intrusion, but if they cross the line, they will kill it.

Wasn’t the secret police arrested for saying that I almost crossed the line?

But Russia is different.

“Haha, I’m glad it’s Russia. There are almost no barriers to entry. The Ministry of Finance of Russia was encouraging foreign debt.”

Sergey Bite.

The current Russian finance minister has been excessively open to foreign debt.

Thanks to this, British companies are able to churn around.

We devoured the Russian energy business like starving predators.

“Well, Russia itself doesn’t have any money. But Russia is a great power. It’s a monster that can stand strong even if it’s a boat, so it’s generous with external debt.

This novel was posted at https://readwn.com

Of course, it is not without burden.

However, as the Russian-French negotiations were concluded and Germany wasolates Germany, a large amount of French loans flowed in, and Russia’s industrialization began to roll.

He was also able to build the Trans-Siberian Railway.

“It is impossible to promote the Trans-Siberian Railway without external debt. Ivans that spring up from the fields will not live on the soil.

“Yes, thanks to the exterior, it feels like the Trans-Siberian Railway has been completed to some extent. The only one, the Lake Baikal section, is said to be difficult for the time being.”

“Baikal is replaced by Dongcheong Railway, so if you ignore it, is the Trans-Siberian Railway completed?”

Trans-Siberian Railway.

The cause of Sergei Vite’s opening up of the capital market to foreign debt, and the fatal cause of deflation. He is the first person who has driven imperial Russia to the point of breaking the waist.

“Yes.”

f*ck.

Treasury Secretary Robert smiled.

“Now is the time.”

And the completion of the Trans-Siberian Railway was also an economic signal that would plunge imperial Russia into hell.

“We have rubles piled up in an underground safe at the Bank of England.”

shock.

The finale to end the Great Game.

The economic attack on fiscal Russia was now heading towards a climax.

“Perhaps for the Treasury of Russia to respond to the shock we are about to burst, their backward administrative system will hold back.”

“Are you going to bomb the St. Petersburg stock market as well? This operation will put the British judgment first.”

“Yes, we are going to bring down the Russian economy temporarily, as well as the stock exchange.”

This novel was posted at https://readwn.com

Ohrana hasn’t found any traces of us yet.

Treasury Secretary Robert closed his eyes.

“It would be pretty fun, wouldn’t it?”

His exhilarating question.

I twisted the corners of my lips.

“Yeah, that’s… I’m looking forward to it.”

I shortened my speech.

Just… the cheetah is smiling.

***

Washington DC

Ministry of Finance Office.

Venezuelan Bond Underwriting Consortium.

“I’m satisfied with this.”

The British creditors nodded their heads coolly when our side set the price for the acquisition well.

In the beginning, South America was a region where the influence of the US was getting stronger, and Germany had more foreign capital invested in Venezuela.

“The debt to Venezuela will be taken over by our American consortium from today.”

USA.

The big New York banks smiled.

They also welcomed Venezuela’s bonds. The Caribbean was a region where the US had stronger influence than the UK, and had the confidence to stamp out US military power through the lobbyists.

There’s a good guy called Banana Republic, right?

However, it was not only the large New York banks that participated in this consortium.

A few days before this negotiation took place.

I invited the executives of the fruit company to the Treasury Department of Washington DC to recruit companies to participate in this Venezuelan bond takeover consortium.

The U.S. State Department’s Director of Western Ban (Latin America) arranged the negotiations.

smart.

“Minister, the officials of the International Fruit Company (UFC) have visited.”

“Oh, bring it in.”

International Fruit Company (UFC).

It was a representative plantation fruit company that did banana plantation in Latin America. However, it was originally a railway company that started as a railway company. It was not uncommon for railway companies to grow special crops for distribution by rail, hoping for greater profits.

And the ‘bananas’ they started to grow were profitable. Driven by the profitability of those bananas, they expanded rapidly from the end of the 19th century, effectively monopolizing the supply of fruits in Latin America.

Banana Republic.

These were the professional remodelers who castrated the weak countries of Latin America and converted them into banana farms. The UFC’s senior executives entered the Treasury’s conference room in branded black suits.

“Secretary Morgan, it is an honor to be able to meet a Wall Street hero like this. I have heard from the Secretary General of the State Department.”

“Haha, I’m a Wall Street hero, so it’s hard to put it up. First of all, I’m Detroit and Morgan.”

I smiled at their generosity and held out my hand.

The reason for calling the UFC executives to the Treasury today was very clear.

plantation.

I called the experts to set up a plantation in Venezuela.

thump.

The UFC senior executive actively grabbed my hand and shook hands with me.

“Actually, we at UFC were expecting Secretary Morgan to call us.”

“Oh, is it?”

“Yeah, Minister Morgan’s technique was very similar to our plantation repertoire.”

UFC officials have been friendly.

He seemed to feel something in me. Well, the method I used was a bit typical.

clearly acknowledged.

“Haha, you caught it.”

“Yeah! As soon as I saw the game, I was like, ‘Oh, this will work.’ So we predicted that the US Treasury would call our fruit company to be a member of the consortium.”

“But where did you feel that way?”

At my question, senior UFC executives put a deep smile on their lips and spread their hands.

“Mister, do you know how our UFC was able to grow into a multinational conglomerate holding the leash in Latin America?”

‘know.’

UFC.

The predecessor was originally a railroad company.

“Our UFC was originally a railroad company, and one of the founders was able to win a national rail project in Costa Rica. But Costa Rica defaulted. It was a moratorium like this one in Venezuela.”

“I didn’t get the railroad construction fee.”

“…you know. Yes, we barely got a dime. But we used the crisis as an opportunity to get a loan from the Bank of England and renegotiate with the Costa Rica government.”

The executive smiled bitterly.

The compensation they swept through debt in Costa Rica, where they declared a moratorium, was savory.

“99 years of leased railroad concessions, 800,000 acres (3,200 sq km) of land. And tax-free.”

“You pulled the mulberry.”

“Minister, your method has the same repertoire as ours, so goosebumps. Are you trying to get railroad business rights leases, land disbursements, and tax exemptions with the debt you took over from the UK?”

“Yes.”

right.

As they say, this was a typical American Banana Republic remodeling process, and it was a hull that the Venezuelan government would ‘make it look like that’.

Just like anyone doing banana plantation.

UFC.

They should be my ‘smoke screen’ in the future.

I put my hands together.

“Our Treasury Department needs you, Latin American plantation experts. Even the U.S. Treasury can’t take over private debt with the US government’s budget. Privately funded Big Bank of New York, you, and other investors have to form a takeover group. .”

“Good.”

The UFC official curled his finger.

“Okay. Leave the ‘sales’ to the Venezuelan government to us. We specialize in cooking dictatorships in Latin America. We are the best in this field. I guarantee.”

“What do you want in return?”

“The price is…”

I hardened my face slightly.

The UFC is just the opposite. If I am a financier immersed in the economy, these are businessmen immersed in politics. The ties to politics were stronger with these fruit companies, and the Department of State and the Department of the Navy were working almost in unity with them.

No matter how much Venezuela obtained a plantation business right, it was difficult to return to without those who had access to Central and South America. That’s probably what they’re all about.

‘I think I’ll sing it pretty loudly.’

Well… that should be enough not to get caught.

As I hit the calculator in my head, the UFC executive reached out to me.

“I want to connect with Secretary Morgan.”

“pull?”

“Yes.”

I wiggled my eyebrows.

Contrary to my prediction, the UFC executives came out lower than expected. As I wiggled my eyebrows, the UFC executives noticed this and started sweating.

“Invest in our UFC. Working in Venezuela is difficult with a penny or two. We want the big banks where Secretary Morgan is a major shareholder to invest in us.”

“Is that enough?”

“that….”

“You tell me.”

“…I hope you’ll be more generous with the tax issue.”

“ah.”

I felt my pulse loosen.

The IRS was scared.

These guys, it seems like they tapped the calculator to say that if you get an investment from me, you can get away with a little bit of a troublesome tax.

After all, they live on bribes, and there is nothing as troublesome as the tax issue. In the meantime, it seems that every time the finance ministers change, they put in a deal.

It was a little sloppy, but it was actually good.

‘I think I came out with a low profile because I was ‘a little’ bigger than the other finance ministers.’

The creditors of these fruit companies are the big New York banks.

Well, it’s good that the food chain is clear.

It was satisfactory.

“That’s how easy it is.”

I accepted it coolly.

I was thinking of investing in the first place.

To cast a smoke screen using oil as a plantation, you have to hit it with precision and earnestness enough to deceive even your allies.

So I decided to do it right by jumping into not only oil but also plantation.

“Not only the New York large bank that I own, but also the U.S. Department of the Treasury will support it with full support.”

The faces of UFC executives brightened.

But financial support alone is not enough.

Currently, if there is a radical labor movement in the banana plantations in Latin America, the US Marines are immediately deployed to suppress it.

In order to transform another country into a ‘farm’, this kind of force was essential.

“The US Navy too.”

Their eyes lit up.

🤩🤩🤩🤩

A few days later, the Caribbean.

The North Atlantic Fleet was entering the Venezuela military port and the Cuban port of Guantanamo.

However, it was not only the North Atlantic Fleet that entered port.

Dreadnought.

Flyers of the Great White Fleet were also entering the port one after another, leading the flagship Dreadnought.

maritime blockade?

Naturally, the navies of the three European countries are blocking the Venezuelan waters of the Caribbean.

But they could never stop our dreadnought.

The Caribbean was the sea of America under the Monroe Doctrine.

The dreadnoughts of the Great White Fleet were the rulers of the Caribbean Sea.

Whoops!

As the dreadnoughts of the Great White Fleet docked at the pier, US Marines poured down into the naval port.

The North Atlantic Fleet also continued to vomit its soldiers.

“ah…..”

iron puck.

A naval marshal’s gunshot struck a Venezuelan wharf.

“It’s been a long time in the Caribbean.”

Wonsoo Dewey.

A war hero from the Pacific has landed in Venezuela.

＜ The first work of the Ministry of Finance. (2) > end