The penniless son of the penniless ...

Chapter 274: The Ruble Collapses

Chapter 274: The Ruble Collapses
But as a female actor, age is a critical factor. As she gets older, her appearance will inevitably change to a certain extent. Sophie Marceau is now in her early 30s. Who can guarantee that her appearance will still be the same in a few years?
Once her beauty fades, Sophie Marceau's future prospects will gradually decline, and she will eventually be replaced by other more outstanding actresses.

Looking at the piece of paper with Zhang Junfeng's name and phone number written on it, Sophie Marceau finally decided to accept it. After all, it was also a token of her manager, Lisa Davis. After spending so many years with him, how could she not know his thoughts and good intentions? However, this token of hers would probably not be used in the future.

……

After staying in America for a week, Zhang Junfeng and others boarded a flight back to Longguo.

Before leaving, Zhang Junfeng picked out a villa he had bought in New York for Catherine Zeta-Jones to live in. Catherine Zeta-Jones was delighted by Zhang Junfeng's generous arrangement.

After all, according to the current market conditions, even though the real estate industry is somewhat sluggish today, the price of the luxury house offered by Zhang Junfeng, located in the central area of ​​New York City, is still very high.

While waiting for the plane to take off at the airport, Nacho Morgan also received good news. The representatives they sent successfully negotiated with the executives of NVIDIA and exchanged 1.8% of the company's shares for 36 million US dollars (20% to Comet Capital, 10% to JPMorgan Chase, and 6% to Goldman Sachs)
Zhang Junfeng smiled brightly upon hearing the good news. "NVIDIA's profitability will definitely not be a problem. We just need to wait for one or two years, and this investment will bring us several times or even ten times the return!"

Zhang Junfeng's affirmative tone of voice made Nacho Morgan, who was still a little worried, completely relax. After all, Zhang Junfeng's previous investment record was there, and it was not something Nacho Morgan could not afford to gamble with the other party by taking out tens of millions of dollars.

If the situation is really as Zhang Junfeng expected, then JPMorgan Chase will be able to make a lot of profits and gain a lot of prestige and reputation from this investment.

……

Seeing Zhang Junfeng hang up the phone, Wu Xiuying smiled and suggested, "Boss, how about you lend me some money so I can buy some stocks of Internet companies? After a year or two, when the stocks I bought go up in value, I'll return the principal to you~!"

"That's a nice thought, but what do you have to pledge? Without equivalent collateral, I can't lend you the loan!" Zhang Junfeng, who was in a good mood, was happy to joke with the other party at this moment.

After such a long time together, he naturally understood Wu Xiuying's character. She was capable, but a little "money-obsessed". She was particularly interested in investment and profit. However, this woman had not worked for a long time and did not have much savings to invest.

"...Boss, I heard about it. You recently acquired an entertainment company worth tens of millions in the United States, and signed a female star with a high salary. I guess your wife (Li Fuzhen) doesn't know about these things yet?" Wu Xiuying said calmly, as if she was not threatening Zhang Junfeng with black material at this moment.

"...Then what do you think will happen if Madam knows?" Zhang Junfeng showed no signs of anger, but asked Wu Xiuying with a smile, his tone teasing. She wanted to use this little thing to threaten him, which was obviously not good enough!

Seeing that Zhang Junfeng did not soften his attitude and provide her with a loan to invest in an Internet company as she expected, Wu Xiuying suddenly became depressed. She felt really sad when she thought that she had received a lot of investment information, but could only watch the opportunity slip away from her eyes and she was powerless to do anything.
As if seeing through Wu Xiuying's thoughts, Zhang Junfeng smiled and teased, "Now your cousin Wu Mingxi is working at both the law firm and the Galaxy Group. If you borrow money from him, you will definitely be able to borrow a lot."

"No matter how rich Mingxi oppa is, he is still an employee. He can't be compared with you, the boss!" Wu Xiuying said helplessly to Zhang Junfeng's proposal.

According to many investment suggestions given by Zhang Junfeng before, the higher the principal invested, the more returns can be obtained in the future. Under such circumstances, Wu Xiuying naturally hopes to borrow more principal to invest.

Fortunately, Zhang Junfeng's teasing did not last too long. Before the plane took off, he said to Wu Xiuying casually that after returning to Goryeo, he could pay Wu Xiuying several years' salary in advance in the name of the company. As for what he would do with the salary, he, as the boss, would not interfere.

Wu Xiuying was delighted when she heard Zhang Junfeng say this. She originally thought that Zhang Junfeng would make some demands before agreeing, but she didn't expect him to agree to lend her money so readily.

Moreover, it was paid in the form of several years' salary in advance, which meant that he could use the money for investment and would not have to repay any interest afterwards. This was naturally very good for Wu Xiuying.

------Dividing line------

Since the early 90s, when the country split into its own, the domestic economic situation has been on the brink of turmoil and recession, resulting in fiscal deficits.

During this period, the international energy prices continued to fall, causing Russia, which made profits from energy sales, to lose 50 billion to 70 billion US dollars. In order to support economic life, Russia had to borrow a large amount of new debt to repay old debts, and borrow more new debts.

By the beginning of 1998, the fiscal deficit had reached 180 to 190 billion US dollars! In order to solve the financial difficulties of the country, the Russian government had to issue a large number of short-term bonds and borrow money from abroad.

By the end of 1997, the total external liabilities that the country could confirm were US$1280 billion, while its total assets were only US$277 billion and its foreign exchange reserves were only US$130 billion, one-tenth of its total external liabilities.

It was precisely because of the perceived economic weakness and sluggishness of Russia that many international speculators who had suffered heavy losses in the Hong Kong stock market set their sights on Russia, trying to bite off a piece of fat from this once powerful country and make up for their previous losses.

After several months of planning, in early August, with the collective action of international speculators to sell off a large number of rubles, the exchange rate between the ruble and the US dollar plummeted again in a very short period of time!

(End of this chapter)

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