Chapter 64: The Chinese are terrifying

'Mr. Zhou Ming, do you think our plan will succeed? What if something unexpected happens, what should we do?'

In the office of the securities company, Irbedov looked at the back of Konon's departing figure and asked Zhou Ming uneasily. Zhou Ming did not answer him, but instead asked in return, 'Do you not trust this Konon, or do you not trust me?'

Zhou Ming's question left Irbedov confused. First of all, it didn't really matter whether he trusted Konon or not, because their money was all in the securities company's account, monitored by the securities company throughout the process. Konon didn't have any power of disposal. Naturally, it would be a happy occasion if he cooperated, and even if he didn't, it didn't matter, they could just find someone else.

If you insist on not trusting him, it is because you are worried that he will leak the news. But for a small person like him, there is not even enough interest to pay attention to him, so he is afraid that even if he wants to leak the news, he won't be able to find a place to do it.

As for Zhou Ming, how dare Irbedov say that he doesn't trust him? It's not that he dares not, but what Zhou Ming has been doing has always convinced him. In his opinion, Zhou Ming is like a god who controls everything in the dark, and whatever he says will definitely develop in the direction he says.

Ilbedov thought for a moment and then said, 'Mr. Zhou Ming, I don't mean to sound skeptical, but with such a large sum of money, no matter how careful we are, it will still have a certain impact on the ruble exchange rate. As long as the people at Project Dota are a little more careful, they will discover it. Once they discover it and take countermeasures, I'm afraid all our efforts will be for nothing!'

'Indeed,' Zhou Ming first nodded meaningfully, but then changed the subject and asked him, 'But Mr. Ilbedov, how much do you think I can control finance?'

'Of course it's very good!' Irbedov, although he didn't understand why Zhou Ming suddenly asked this question, still answered immediately, "Mr. Zhou Ming, your financial expertise is absolutely extraordinary. In this field, even the slightest movement will definitely not escape your meticulous observation, otherwise you would not have been able to lead us to rob money in Project Dota.'

'But Mr. Irbedov, you seem to have forgotten that I am Chinese, and the capital market in my country has only just emerged," Zhou Ming added.

'What's wrong with being Chinese? Even if you are Chinese, Mr. Zhou Ming, and even if the capital market in your country has just emerged, your judgment of the financial sector and capital market...'

Irbeldov's words stopped abruptly because the clever Jew had already understood what Zhou Ming meant. Zhou Ming was a very powerful figure in Irbeldov's eyes because they had fought against the Tower Project together. However, the Americans did not think so.

They would only think that places as closed off as the Soviet Union and China simply don't have any economic activity, and they can't even get enough to eat, so where would they find the energy to engage in any kind of finance? Perhaps this Zhou Ming had a quick ability to learn, and after going to the port city for a while, he came into contact with Western financial knowledge, but he was still a long way from becoming a financial elite, and in the eyes of the Americans, he was just a joke.

This is not arrogance on the part of the Americans, but it is indeed the case. After all, the transition from a planned economy to a free economy is not that easy.

It's no joke. The entire Western world has more than 400 years of financial development, and how can someone from a closed country understand and learn it overnight? Maybe you are exceptionally talented, but the Western world has hundreds of years of experience, and the endless financial methods are beyond the imagination and learning ability of someone like you who has never had enough to eat before.

Even a wealthy Northern Russian like Irbedov, who is also a Jew who is the best at doing business, has been cramming relevant financial knowledge day and night since the beginning of the Dota Project, but even now he still only has a superficial understanding. Although he can talk about various financial knowledge, when it comes to using it, he still has a lot of concepts that he cannot change, and he always subconsciously leans towards the direction of the planned economy of the past.

This was the case in the Soviet Union, so what makes China different? It is precisely for this reason that they will not take Zhou Ming lightly.

Looking at Irbedov's expression, Zhou Ming understood that his thinking had already caught up with his own, so Zhou Ming continued, 'Concepts are not something that can be changed overnight. Just like our closed system, no matter what we do, the Americans will definitely think that we don't understand finance at all, and that what we do is just picking up after them.

'After saying this, Zhou Ming laughed lightly, 'Since they think we are picking up after them, then let's show them that we are picking up after them.'

'I admit that the financial expertise of Western countries accumulated over hundreds of years cannot be learned overnight, but there are some things that never change. What we have to do now is to get to the root of the problem,' said Ming. 'I have said that they will not allow us to continue to share their cake, so they will definitely set traps for us on purpose to defeat us. The most commonly used trap is hedging.'

'The so-called hedging, put simply, is to go against the trend and artificially set off a momentum in order to reap huge profits,' said Zhou Ming. 'First, sell the ruble to create a panic, so that the ruble exchange rate continues to fall. After a certain point, they then buy back the sold rubles, fabricate news to make the ruble exchange rate rise, so that with one fall and one rise, all the wealth goes into their pockets.'

Finally, Zhou Ming added, 'Including our money, because we saw the ruble exchange rate plummet like this, if we want to preserve our wealth, we must join their ranks.'

But unfortunately, the people at the Dota Project had done a very good job of calculating, but they ran into a demon like Zhou Ming, which doomed their plan to fail.

This was the last thought that Irbedov added in his heart for Zhou Ming, because as Zhou Ming's partner and the general manager of the securities company, he knew very well that the collapse of the ruble today was actually initiated by them. And in Zhou Ming's plan, he also wanted to return this pit to the Dota Project and let them bear the consequences of exchange rate fluctuations.

In the words of the Chinese, this is called using their own methods to deal with them. This is terrible!

Such a thought made Irbedov unable to stop shivering. For him, there is actually no problem with the Dota Project. If he were in their shoes, he might have fallen for it. After all, the ruble has fallen so sharply and suddenly this time, he would definitely want to protect his wealth. How could he think of countering the other party?

The Americans obviously thought the same thing, but how could they have imagined that in the magical land of the East, there would be a strange genius like Zhou Ming? He was born in such a closed and poor country, but he understood finance better than the most advanced Americans.

Sometimes Irbedov even doubted that he and Zhou Ming were not from the same world at all. It was only when the gates of hell opened that Zhou Ming had the opportunity to come over from the other world.

This thought seemed absurd to Irbeldov, but little did he know that his mythical idea was actually the closest thing to reality. Zhou Ming did come from another world, but that world was twenty years in the future.

The next twenty years would see great development across the world, and many things that even elementary school students understood at the time were very advanced and incredible in this era. It was precisely because Zhou Ming had come with the knowledge of his previous life that he appeared to be more advanced than the Americans.

Of course, there is also the main point, in terms of strategy, the Chinese are several streets ahead of these white people, playing mind games with Zhou Ming is destined to only invite trouble.

'If Mr. Zhou Ming had been born half a century earlier, then I think you would have been a general commanding the battlefield, because your enemies would always be led by your nose,' Irbeldov said to Zhou Ming with admiration.

Zhou Ming smiled and shrugged: 'Maybe, but I would rather be the one in control behind the scenes than a general.'

'Mr. Zhou Ming, you really are ambitious,' said Il'pidov. 'But Mr. Zhou Ming, our strength is still too small. The ruble has fallen so much now. Can we really stabilise the situation and let the exchange rate rise back up?'

In the face of Irbedov's concerns, Zhou Ming shook his head slightly. From the performance of the current Irbedov, he understood why their nation was the most money-making in the world, but they were always in exile and had no fixed abode. Irbedov, as the number one financial oligarch in Northern Russia, would be driven out of Northern Russia in just one year and finally die violently in his own apartment.

It was because he lacked the courage to truly dare to challenge!

But that's fine, what you lack, I have. Let me teach you how to do things.

Zhou Ming said to Irbedov, 'If it were just us, I can tell you responsibly that there is no way. But we are now in the Republic of Northern Russia, so I have a way. Let's show those Americans what people's war is all about!'

As Zhou Ming finished speaking, before Irbedov could react, Zhou Ming's mobile phone on the table rang. Zhou Ming answered a few words, then said to Irbedov, 'Okay, Mr. Irbedov, the ship we've been waiting for has arrived. Let's hurry and go to Petrograd.'

Irbeldov let out an astonished 'ah' and seemed to be unable to switch his thoughts back from what he had just been thinking. He asked blankly, 'It's arrived so soon?'

Zhou Ming nodded and said, 'Of course. Sometimes we Chinese are more pragmatic than Americans.'

This remark irritated Irbeldov, making him suddenly feel that the little brother country in the East that had always needed the Soviet Union's help was actually a very scary place, and that he should go there to learn more about it.

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