My Realistic Simulation Game

Chapter 239 The Ten-Nation Bank's Counterattack

"President Qin, something terrible has happened."

Natasha rushed into Qin Yuan's office at the headquarters of the Far Eastern International Bank in Moscow, her face filled with terror, and reported some news.

"What's so important that you're in such a hurry?" Qin Yuan put down the newspaper in his hand and looked at the person in front of him with a smile.

“My father just called me and said that their bank received a notice from the Central Bank of the Soviet Union. The Ten Countries Bank in Financial Street has sued Far Eastern International Bank to the Central Bank of the Soviet Union, saying that we are suspected of unfair competition, disrupting financial order, and have extremely high potential repayment risks. It is a completely abnormal commercial fraud.”

Natasha, panting heavily, said, "Moreover, the Ten Banks not only sued us at their central banks, but also filed a lawsuit in court and raised questions internationally."

"Now major newspapers in Europe and America are reporting on this matter, saying that our Far Eastern International Bank is a paper tiger, using high interest rates to cheat the people of Moscow and the Soviet Union out of their money."

Upon hearing this, Qin Yuan not only didn't get angry, but instead laughed out loud as if he had heard an absurd joke.

"Scamming?" He shook his head, his tone laced with undisguised sarcasm. "This is truly a case of the thief crying 'stop thief!' and turning the tables on the victim."

He stood up, walked to the window, and looked down at the long queue of depositors still below.

Did he really think he didn't know the background and plans of his Western counterparts?

In the original historical trajectory, after the collapse of the Soviet Union, how many Western banks simply absconded with the funds and refused to make payments, citing absurd reasons such as "the depositors were Soviet citizens rather than citizens of the new country"?

It's obvious who the real liar is.

Moreover, he wasn't scamming people; he was picking up money.

To pick up the biggest bargain of this era.

Moreover, these banks even had the audacity to accuse him of swindling money.

They tricked Gorbachev and Yeh into carrying out economic reforms and introducing policies to privatize enterprises.

The "500-day plan" and "shock therapy" were introduced one after another.

What was the purpose? It was the massive economic aid promised by these banks, and the state loans they pledged.

The results of it?
After the collapse of the Soviet Union, Gorbachev never saw a single dollar before his death.

Yellen nearly brought Russia to its knees, and his approval rating plummeted from 57.3% to a mere 3% during his first term.

In order to secure his re-election, Yeh engaged in oligarchy, and the West provided him with some financial support in order to prevent a restoration.

But soon came a series of crackdowns and blockades.

Yellen has thus become Russia's worst ruler.

Therefore, he scoffed at these Westerners' lawsuits.

"Let them curse, it's fine!"

Qin Yuan turned around, calm and composed. "We don't open branches in Europe and America, so their criticism won't reach us. As long as the Soviet people still trust our Far Eastern International Bank, their so-called propaganda war is just scratching the surface."

How could I not believe it?

The expansion of Far Eastern International Bank is now a daily feature in the news pages of major newspapers.

The massive expansion of Baltic breweries further stimulated unprecedented economic activity.

In addition, given the Far Eastern Group's enormous influence, they still had a lot of faith in this tangible Soviet enterprise.

Another point is that Far Eastern International Bank's expansion was not disorderly; it had the support of officials within its core business.

In each of the member states, cultivate local influence, bring in strong external support, and form a community of shared interests.

How could such a financial barrier, built by local forces, be easily broken down by a few words of deception from Western banks? "Qin, I think you cannot underestimate this joint lawsuit initiated by the banks of ten countries."

A cool and serious voice came from the doorway.

Elena had been standing there for some time and had obviously overheard the conversation.

She walked in, carrying several newspapers in her hand, her expression grave.

"These are some newspapers with a Western background that just came out this morning,"

Elena placed the newspaper on Qin Yuan's desk, pointing to the eye-catching headline, "They have begun an organized campaign of public opinion coordination."

"As far as I know, Western capital has a very strong influence within the Soviet Union, and it can even influence Gorbachev."

"The fact that the lawsuit was filed with the Central Bank of the Soviet Union meant that the game had entered the national level."

"Moreover, in our depositor structure, in addition to the general public, there is also a considerable number of astute business owners and urban middle class."

“These people, especially those living near economically developed centers, are easily influenced by Western media and so-called ‘international public opinion’.”

"If we continue to allow Western media to slander and badmouth us, even if our foundation is solid, it will not be a good thing for a bank that needs long-term credibility."

Listening to Elena's clear and logical analysis, Qin Yuan put away his previous slight disdain and his expression became serious.

Elena's talents in finance and management have been fully demonstrated in the past few months, and her three principles for banking—"looking to the long term," "customer service," and "respect for competitors and the people"—have won his heart.

She's right. He's been a bit cocky these past few days because of the smooth expansion, underestimating the strength of his opponent's counterattack and ignoring the principle of "respecting the opponent."

Even if it's just superficial respect.

Indeed, as Elena said.

In the Soviet Union, a considerable portion of the population was superstitious about the West.

In a time when the West firmly controls media discourse, a lie repeated a thousand times may actually become the "truth."

"Many voices can melt metal, and accumulated slander can destroy bones!"

Qin Yuan raised his eyes. "Elena, Natasha, what do you think I should be doing right now?"

Elena answered without hesitation: "Qin, I think you should immediately prepare a high-profile press conference to directly address these accusations, clarify the facts, and stabilize the market and depositors' confidence."

"Clarification alone isn't enough." Qin Yuan shook his head: "Just as you said, the Ten Nations Bank currently influences the upper echelons first, and only then, through the media, does it influence the lower classes."

"I need to find someone who can solve this problem at the top."

Elena immediately realized something: "You're going to see... Director Ekaterina?"

She said worriedly, "Qin, those people... they're a bunch of ruthless bastards. It's too risky to negotiate with them!"

Qin Yuan smiled slightly and held her cold hand. "Don't worry, I'm not going there to beg for help. I'm just going to explain the pros and cons."

In his mind, the ten banks' counterattack was ostensibly a commercial crisis, but at its core, it was a severe political struggle.

Now, he wants to escalate this seemingly severe business crisis.

He picked up the phone and dialed a number: "Major Perkov, it's me, Qin Yuan."

"Please help me contact Director Ekaterina. I have something very important to discuss with her as soon as possible."

(besides)
(End of this chapter)