Seryosha's large-scale investment created a large number of jobs in the Soviet Union, and at the same time, the huge demand for the Eurasian gas pipeline brought large orders to the Soviet Union's heavy industry, which accounted for the largest proportion and also employed the largest number of people.
Almost overnight, some of the largest factories in the Soviet Union were running at full capacity.
It is said that investment, exports, and consumption are the three carriages that drive the economy, and in Seryosha's view, large-scale financial stimulus has indeed brought immediate results.
However, this effect can only be short-lived if there is no follow-up policy to cooperate.
Because of the large number of orders brought by the Eurasian gas pipeline project, heavy industry can finally get out of the deficit for the time being.
But if it is not guided, once more zombie factories return to capacity, then these achievements will soon be suppressed again.
In order to maximize the benefits of his investment, Seryosha chose factories that were large and powerful state-owned enterprises, such as the Ural Heavy Machinery Plant.
And those iron and steel mills and other enterprises belonging to local autonomous prefectures do not want to get orders at all.
Seryosha will let them continue to fend for themselves.
With a large number of unemployed people regaining jobs, the purchasing power of the economy as a whole is gradually increasing.
In the Soviet Union, because the land is too vast, it is not very difficult for most people to obtain land, and the emergence of slab houses has reduced the cost of housing to a negligible level.
Many young people who have not been eligible for subdivision are no longer waiting for those unattainable apartment-style houses, they can choose to buy a piece of land in the suburbs and build a slab house as their home.
Although this type of housing has its disadvantages in one way or another, there is a place to settle down, so many young people who have been working for a few months have their first home.
Although this kind of housing is a bit too basic.
Thanks to Seryosha's involvement, the Soviet Union fared slightly better than most of Eastern Europe.
Although there have been color revolutions in Eastern European countries, and the Communist Party has lost power one after another, for those Western big business groups and capitalists, Eastern Europe is still a forbidden place for investment, where the level of inflation, huge foreign debt, and the stability of the emerging regime make Western investors always fearful.
The possibility that the communist regime will make a comeback and nationalize their investments is enough to make Western investors consider Eastern Europe a forbidden place to invest, even if only one percent is enough.
And Seryosha, as a traverser, did not have such concerns.
With the initial success of Bank of Colombia and shock therapy in Poland, more and more Eastern European countries are turning to Bank of Colombia after turning to the West for help.
Jeffrey Sachs has been traveling around Eastern Europe since he was hired by the Bank of Colombia, trying to persuade politicians from Eastern Europe to accept the Bank's reform proposals.
In addition, Walesa, who tasted the sweetness of reform, also became a champion of the Bank of Colombia.
As a politician who fought against the communist regime for nearly two decades and was awarded the Nobel Peace Prize, Walesa has a good reputation in the West and in Eastern Europe.
Naturally, his words still carry some weight.
As things stand, the GDR, the most economically powerful of the Eastern European countries, is in a close relationship with the Federal Republic of Germany, and German reunification is on the agenda.
With the exception of East Germany, a country with rich twin brothers, Poland was the natural bellwether for reform.
First of all, Poland is the largest country in terms of land area and the first country to have a successful color revolution.
Poland's new policy after the reforms would naturally be emulated by the countries of Eastern Europe.
Hungary and Czechoslovakia did not have much advantage as negotiating opponents.
Hungary is almost an agricultural country, except for wine and bauxite, which are relatively famous, nothing else, but Czechoslovakia has some room to bargain with Colombian banks because of the existence of the Škoda factory.
As a neighbor of Poland, the changes in the economic situation in Poland over the past few months have made Czechoslovakia and Hungary look at it and worry about it.
If, after the transition of power, the emerging government is unable to turn the tide and radically improve the economy, then what is the point of their reforms?
Because Czechoslovakia was likely to split into two separate states, Mikhail first focused the negotiations on Hungary.
As a party to the negotiations, Hungary was not in a very good situation, it did not have any negotiating conditions that could be handled, and it did not have any rich resources, so the Hungarian government almost completely accepted the reform conditions of the Bank of Colombia.
At the request of the Bank of Colombia, the Central Bank of Hungary was also to be held under the custody of the Bank of Colombia, and at the same time the issuance of new Hungarian government bonds was immediately suspended, and the Bank of Colombia was responsible for repaying the already issued government bonds.
On the other side of the negotiations, Bank Colombia promised to stabilize the Hungarian economy by the end of the year and reduce the current inflation level in Hungary to a safe level, while also guaranteeing a reduction in the current unemployment rate in Hungary.
Compelled by the pressing realities of the situation, the Hungarian authorities happily signed the cooperation agreement, which meant that after Poland, another country in Eastern Europe was bought by private banks from the United States.
The Bank of Colombia's large investment in Eastern Europe was shocked by the investment community throughout the West, and it was not without precedent for buying a country with a private bank, the Rothschilds, who had been prominent in history, contracted the central bank of the United Kingdom and became a major creditor of the United Kingdom, and the Morgan consortium had single-handedly pulled the United States back from the brink of bankruptcy.
But when this scene repeated itself at the end of the twentieth century, people still inevitably regarded the Bank of Colombia as another multinational consortium after Rothschild and Morgan.
The large investment of Bank of Colombia in Eastern Europe also surprised the US government, and they hoped that Bank of Colombia could cooperate with the US government's national strategy in Eastern Europe, but as an unlisted private bank, the US government could not even find out who the shareholders behind Bank of Colombia were, because the controlling parties of Bank of Colombia were registered in the British Virgin Islands and Panama, as for who would be the controller after these two countries, unless the British Virgin Islands and Panama amended their banking laws, Otherwise, the U.S. government would have no way of knowing. t1706231537: