Chapter 749 (1/2)

December 25 is the legal Christmas day in the West. On Christmas day in 1991, the governments of western countries received a big gift. The acting president of the Soviet Union, ulyanov, left the Kremlin in a car. Before leaving, he announced the transfer of all power to Yeltsin, President of the Supreme Soviet of the Russian Republic.

Hundreds of thousands of people on Moscow's Red Square witnessed the red flag flying on the Kremlin falling slowly, and many elderly Soviets left sad tears. However, no one at the scene attributed this responsibility to the acting president of the Soviet Union, ulyanov.

Xie liaosha resigned from all his official posts and only retained the post of general secretary of the Soviet Communist Party. Because of the historical problems of the Communist Party of the Soviet Union, although the Soviet Union has disintegrated, the Communist Party organizations in the republics have been completely preserved.

When the new year's Day holiday ended in 1992, the global capital market ushered in the first trading day of the new year. Because of the disintegration of the Soviet Union, the US dollar ushered in the greatest positive in history. At this time, the long planned international hot money launched a fierce currency war against the currencies of Western European countries.

On January 2, 1992, the Greek drachma broke the minimum exchange rate stipulated by the European linked exchange rate in almost an hour. After the Greek central bank failed to seek help from other countries in the European community, the Greek government reluctantly announced its withdrawal from the European linked exchange rate mechanism. Then on the next day, January 3, 1992, the Greek drachma fell 30% against the US dollar in a week. Greece became the first country in Europe to be torn apart by international hot money.

In the following week, on January 6, 1992, Escudo of Portugal followed the example of deramak of Greece and was hit by the international hot money. The Central Bank of Portugal also did not wait for the assistance of other central banks of the European community. Then Escudo of Portugal was hit by the selling tide of hot money and broke the bottom line of the European linked exchange rate, The Central Bank of Portugal was forced to abandon the European linked exchange rate. Then, on January 7, 1992, Escudo of Portugal fell by 10% against the US dollar.

On January 6, 1992, the Luxemburg franc and the Belgian Franc were attacked on the same day. After accepting the request of the Central Bank of Luxemburg and the Central Bank of Belgium, the French government provided a large amount of real money to support the central banks of the two countries to stabilize the exchange rate. In the next two weeks, the international hot money and the French central bank had a dynamic exchange rate war. In the end, the French central bank lost its guard under the crazy attack of international hot money. Gave up support for Luxembourg and Belgium.

In the next few months, from Denmark to the Netherlands, from Spain to France, from Britain to Germany, they were attacked by international hot money to varying degrees. The Netherlands and Spain abandoned the European linked exchange rate one after another. Britain and France, on the other hand, struggled to the end for the sake of the face of the European powers, and ended up with the collapse of pounds and francs, the abandonment of the European linked exchange rate by the central banks of Britain and France, and the resignation of the general cabinet of the British and French governments. After paying a huge price, Germany finally kept its position as the first economic brother in Europe.

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The attack on the European linked exchange rate has once again doubled the strength of Mr. seryosa's consortium. At this moment, Xie liaosha has the capital and strength to do whatever he wants. Before the western countries could be happy, a series of news began to make the whole western group uneasy again.

Six months after the collapse of the Soviet Union, the three Baltic countries took the lead in joining the European market organization. Then the governments of Ukraine and Belarus also sent out their intention to join the unified market.

In the first general election of the founding of the Russian Republic, Yeltsin, the successor appointed by shariosha, won the final victory. Then the Communist Party of Russia, represented by Yeltsin, took joining the unified market as its policy agenda.