Extraordinary Genius

Feng Yu could earn a lot from the current Soviet Union situation, and he does not even need to be the bad guy. He can even be considered a good guy.

“Feng, why do I need to get loans? Are you still suggesting me to buy mines and other natural resources?” Kirilenko really does not know how to spend so much money. He knew what to do with 1 million, but if he were given 100 million, he would be lost.

“That’s right. Buy mines. Remember, no matter how much the mines or oil field cost, sign the contract first and make the payments at the end of the year or early next year. You understand?”

Kirilenko’s eyes sparkled. That’s right! If I sign the purchasing contract and pay at the end of the year, the Rubles would have depreciated. I could use USD to convert to Rubles, and the amount I pay will only be about a third or even lesser than what was stated in the contract. Even if the mines were expensive, it’s okay. Anyway, the money was from the banks’ loans too.

“Feng, you are really my best friend, my brother. Don’t worry. I will help you to get more loans, and you don’t need to give me any Chinese goods.” Kirilenko said.

“No, we have to keep our promises even if we are friends. I will give you what I promised you.” Feng Yu wanted to let Kirilenko owe him a favor. This way, it will be easier for him to invest in natural resources with Kirilenko. How can he use 5 million worth of Chinese goods to offset this favor?

Kirilenko was touched. This Feng was really a good friend.

“What natural resources do you suggest for me to acquire?”

“Crude oil, iron, coal, nickel, palladium and other rare metals. These will worth a lot in the future. I remembered that the mines in the Soviet Union were restructured into shareholdings. You can acquire the shares from the workers. Money is not a problem. We can collaborate. You can have the bigger share.”

“Feng, I am glad that I get to know you.” Kirilenko was moved to tears. Feng Yu was so considerate of him.

Feng Yu knew that it was impossible for him to get the bigger share at this stage. However, he knew that Kirilenko would not cheat him. Feng Yu was not sure about other markets, but in China’s future market, the prices of these minerals will rise exponentially.

Maybe Feng Yu could even get to know some powerful officials through these mineral mines. But for the time being, he cannot let other people know about the extent of his wealth. He got to wait until he was powerful enough to protect his assets.

Feng Yu smiled and said: “I am also lucky to have you as my friend. Brother Ki, the lesser people that know about this, the more your profit is.”

“Don’t worry. I will not tell anybody. Not even my father.”

“Okay. Also remember, don’t foreign banks and institutions have lots of tricks up their sleeves. They will spread rumors about the Soviet Union’s economy and persuade the Soviets to sell their factories and other enterprises shares. You can don’t get involved in other sectors, but you must buy in all the minerals shares. Don’t be afraid of losing money. You must not let those Americans and Europeans control your country’s natural resources!”

Kirilenko seriously said: “Anyone can own those shares but not the Americans! Ok, we will stop using Rubles for our trades from now onwards. We will use RMB. Feng, you just wait for my good news.”

……

The Summer Camp was over. Feng Yu did not return to China with the rest of the students due to the loans. Feng Yu and Kirilenko made some phone calls and the school, and the university pursued this matter.

Early August, Feng Yu’s last loan was approved, and he was prepared to go back to Bing City.

This trip, the loan amount was much more than he estimated. Kirilenko also got some loans for himself, and he also arranged for Feng Yu to get loans from the banks of the surrounding small countries. The highest loan amount was 30 million Rubles, and the lowest was 10 million Rubles. In total, Feng Yu had loaned 120 million Rubles from these small banks!

Kirilenko had gotten loans from some banks. He even got a loan from the Russian bank.

It was different when he was getting the loans for himself. His collaterals were even lesser than Feng Yu’s, but the loan amount was more.

Just Russia alone, Kirilenko had borrowed 300 million Rubles, and he could still get loans from the banks in Ukraine and other allied countries.

Feng Yu sighed. There was a saying that capitalism would drive men crazy. Looking at Kirilenko now, Feng Yu believed this saying.

Kirilenko was getting loans like crazy and many other second generations knew about it. They were also curious what was Kirilenko doing. Why did he need so much money? Also, the rebates Kirilenko gave to the bank managers were very high. Could it be that Kirilenko has a very profitable business idea?

The first person to ask Kirilenko was Brother Ke. Kirilenko’s reply to Brother Ke was these loans were for Feng Yu. Brother Ke thought that Kirilenko was crazy. Kirilenko had already helped Feng Yu a lot, and he was still getting loans on his behalf? What if Feng Yu could not repay the loans or run away with the money?

No wonder Feng Yu refused to ditch Kirilenko and work with him. Brother Ke knew that he would not go to the same extent as Kirilenko.

The other second generations who were Kirilenko’s partners felt that Kirilenko was taking significant risk and they wanted to withdraw their partnerships. Brother Ke also played a part with their withdrawal from their joint venture. In future, if Kirilenko wanted them to sell Chinese goods for him, they would have to sign contracts.

Kirilenko was “furious” with their betrayal. He bought over all their shares of the company, including Brother Ke’s shares.

Those people were happy. They had earned a few million from the Sino-Soviet trades for the past few years. Kirilenko was overjoyed. He had finally ditched these people. In future, he will own this trading company fully!

Before Kirilenko gotten those loans, he consulted some economist, and their analysis was like what Feng Yu claims. They also felt that there will be inflation in the Soviet Union soon, but it was not as bad as what Feng Yu claimed. The Soviet Union was strong enough to adjust it and will recover in no time.

However, Kirilenko trusted Feng Yu fully. It was because his father had heard the news that Russia will be announcing her departure from the Soviet Union and this meant that the Soviet Union will disintegrate. Maybe it would really be as what Feng Yu forecasted. By the end of next year, the Soviet Union will be history.

Without the Soviet Union, who would adjust the inflations?

Thus, Kirilenko starts to get loans aggressively. He also took this opportunity to ditch the other second generations entirely. He also earned a nickname for himself among the second generations’ circle: The fool who borrowed money for others.

Kirilenko did not explain when he heard about this. He was thinking of ways to convert his Rubles from the loan to USD. In a few months’ time, they will know who’s the real fool!