Chapter 724

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 not wait to extend its hand to the other side of the Berlin Wall. Not long after the downfall of Mr. onak, although the Berlin Wall still exists, there are still troops guarding the border crossing. But East Germans no longer have to risk their lives on the other side of the wall. Now the troops guarding the Berlin Wall don't even bother to check their exit and entry documents.

Countless East Germans rushed to West Germany in their smoky satellite cars. When many people come to West Germany for the first time, they are not familiar with the local traffic rules and will inevitably be punished by the West German police. However, in case of such a situation, the West German will always say generously, "don't bully our East German brothers."

Although the two German people seem to be at peace and ready to become a family, the capitalists in West Germany are not so kind-hearted. They have long been ready to invest in the enterprises of those people in East Germany.

As the window of socialism, the industrial level and people's living standard of East Germany have always been among the best in the socialist camp. In the past decades, the East German people have created a large number of East German brands with world reputation under the socialist system. For example, East Germany's famous satellite car, Seagull camera, Carl Zeiss Jena's optical instrument, DKK refrigerator, East Germany's national shipyard, world famous boiler and heating equipment manufacturer WWB Berlin, and East Germany's famous copier manufacturer Planeta. There are more than 100 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 enterprises fell into a serious loss overnight.

The West German government began issuing West German marks to the East German region on July 1, with the exchange rate as high as 1:1. The Bank of Columbia's early move to convert a large amount of US dollars into East German marks from the black market made Golgi group make a lot of money in this currency exchange process. It has invested 20 billion SIDS in the past, and its return rate is as high as 120 billion SIDS. That's six times as much. The East German people thank the Kohl government for its generosity, which has increased their assets by a full sixfold. The whole East German society is full of confidence in the future after the merger.

But is it really that good? Those state-owned enterprises in East Germany don't think so. The currency has increased by six times at a time, which means that the original loan of 1 million Dong DM has to be repaid by 1 million West DM, which means that the production cost of state-owned enterprises in East Germany has increased by six times. It is very difficult for the best industrial enterprises to keep the asset liability ratio at 60%, but the issuance of the West DM also makes the debt ratio rise sharply. In this case, most of the East German state-owned enterprises became insolvent almost overnight.

Now most of the East German enterprises are beginning to suffer serious losses under the impact of the West German mark. Price advantage, one of the core competitiveness of East German enterprises, no longer exists. The capitalists of West Germany began to take this opportunity to plunder the state-owned assets of East Germany. One of the most ugly is the Bank of Columbia. As early as before the issuance of the West German mark, they wantonly acquired the East German mark. After making six times as much money, they in turn embezzled the famous East German enterprises, such as the East German national shipyard, satellite car, Carl Zeiss Jena and other famous state-owned enterprises. Then the East German national shipyard was sold to the Mediterranean Shipping Group of Switzerland. The satellite car is owned by Volkswagen, while the car Zeiss Jena is sold by Blackstone Group to the car Zeiss factory in West Germany. Blackstone Group takes this opportunity to acquire about 40% of the shares of the newly merged car Zeiss optical instruments, and completely controls this long-standing optical company.

In fact, according to shariosha, it seems generous that West Germany issued West German marks to East Germany in a ratio of 1:1. In fact, it is a complete fraud. In the past, the East German people had the best welfare in the socialist camp. Although consumer goods such as coffee may face single variety and insufficient supply, the East German people need not worry about unemployment, housing and other problems. The biggest expense of every East German family is probably to buy a satellite car. Because the production capacity of satellite cars is limited, they can only be supplied by ticket. The average household savings in East Germany is about 7000 marks, while the price of a satellite car is about 3000 marks. Almost every family can afford it.

However, after the merger of Germany and Germany, the East Germans will gradually find that although they have more money in name, the price increase is far more than six times. The real purchasing power of money is less. 7000 marks is a lot of money for both East and West German people, but if it is used for shopping, they may not even be able to afford a golf car. In West Germany, although people seem to be rich, in fact most of them are in negative equity. They consume through overdraft credit, and then return the money they earn to the bank. Although the West Germans look bright, they are far less independent economically than the East Germans.

This simple reason is understood by Xie Liao Sha, and he is also brewing a bigger plan, which is to reintroduce the technique of breaking the bubble economy in Japan after the merger of two Germany, and to knock him from the richest Germany in Europe. He didn't have such an opportunity, but Cole's currency exchange plan gave him an opportunity. The 1:1 exchange of East German mark and West German mark has increased the asset scale of East Germany by six times overnight. This is not a serious currency overrun. What is inflation? Does the West German mark issued to East Germany have foreign exchange as support? Of course not. Without foreign exchange as support, the wealth created by starting the banknote printing machine will be crushed to the real value by the market sooner or later.

Xie liaosha is quite sure of this plan, but he can't be too clever, because the Central Committee of the Communist Party of the Soviet Union has entrusted him with the work of the merger negotiation between the two countries. He wants to let the Soviet Union withdraw from the East Germany, and at the same time, he needs to knock the last protection fee from the West German government, at least to exempt the foreign debt 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 way not to agree. The reason is that the United States, Britain, France and the Soviet Union jointly decided to split Germany in accordance with the agreement. Without the consent of the Soviet Union, the merger of Germany and the United States is tantamount to denying the results of the Second World War. Whether the West German government wants to or not, the Soviet Union's cut-off has been finalized. Of course, there is a bigger cut-off by cheriesha. Cheriesha thinks that if the plan of plundering Germany goes smoothly, Gorky group will undoubtedly become the world's first financial group. Because the Gorky brotherhood is the only consortium in the world that has robbed Japan, the second largest economy in the world, and Germany, the third largest economy in the world.