.Rebirth of 10 Officials' Prosperity in the Third Voice of the Clouds Chapter 137 Three Questions

Chapter 137

"Why is it said yes? I want a farmer to give you an explanation.

Ask the farmers: How do you irrigate? Farmers will tell you that before irrigation, you must dig a trench before opening the sluice gate. The water is directed through the trench to the ones that need water is called irrigation. If you are stupid and ask the farmers, what if I forgot to dig a trench?

Farmers will definitely scold you: You are stupid. If you don’t dig a trench, you open the sluice gate. Don’t the floods flood all over the fertile fields? What farmers know. Many of us don’t know. Don’t you understand what internationalization is? The internationalization that China is currently promoting is to open water | I forgot to dig a trench before. China is an internationalization without ditches.

What is a ditche? The rules of legalized game are called ditches. So everyone. Have we ever had legalized game rules before internationalization? Which industry has such legalized game rules? Which industry does not open the door and foreign capital come in 100%! The result after arrival is that foreign capital brings its channel advantages. In a China without legalized game rules, it flows like a flood, completely invades China's Tian Meidi. This is the result of internationalization.

This phenomenon is very important. According to the forecast of McKinsey last year, in five years, foreign retail industry will occupy half of the Chinese market. Are you very happy when you hear this? Not bad. Walmart Carrefour is very good. Entering China, there are lights, and a complete range of services. Good service attitude, low prices and items are cheap. Like Carrefour. Advertisements are posted from time to time: within 5 kilometers of the radius. If you buy the same goods, you are willing to make up for your losses with several times the price difference.

Don’t you know this? When you hear, good foreign capital, what’s wrong with sweeping China! China is a paradise for them. Because there has never been a legal game rule. Once they swept the retail market, do you believe my prediction below? That is, foreign retail will jointly monopolize the price of sales to exploit consumers, and lower the purchase price to exploit producers to quickly expand the intermediate profits. Legal remitted from China. The main reason is that these merchants have not yet revealed their true colors. Zhengrong Group has not yet done a great job, and it has not been able to obtain advantages for foreign capital.

Because our internationalization is an internationalization with legal rules, it must have flooded our fertile fields. Moreover, my manufacturing industry is still in the stage of demanding profits from hard one yuan. People have given up on low prices and started to demand profits from channels. So they entered China with the advantage of high profits and low costs. You will be irresistible because you forgot to dig ditches before internationalization...

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Zhang Yan's words were like a slut on the river, while Li Meng's face was calm. This sentence cannot be wrong. Some of them were not seen before. It was such a core job. The disaster was very bad.

Just when Li Meng wanted to find someone to secretly fall from Zhang Yan, Jiang Feng stood up and asked with great enthusiasm: "Do you mean to be closed to the country? That's not going back to the old path a hundred years ago. If we didn't bring in internationally renowned companies such as Goldman Sachs and Morgan Stanley International, would our finance be so fast?"

Ignorance! Zhang Yante despised such pseudo-experts. He cleared his throat and continued: "Financial reforms include exchange rate reforms and bank reforms. Here I would like to talk to you about bank reforms. We have so many banks like China Construction Bank and other banks listed. Do you know which companies are helping them as consultants?

Director Jiang has just mentioned that Morgan Merrill Lynch Goldman Sachs. These companies are also shareholders of the US Central Bank. Do you know? If we want to carry out bank reform, we actually have to ask shareholders of the US Central Bank to be our advisers. Are you stupid or what’s going on? Is he an advisor for you? Is he an adviser for you or to benefit the US Central Bank? I will give each information. The World Bank published a research report in two years, talking about bank reform.

Do you believe that none of the relevant personnel in my country engaged in banking reform have read this report. Our banking reform is all imagined. Their report is spoken digitally. They have collected more than 25 banking crises in the past. He wanted to understand how banks in various countries carried out reforms. The research results show this: two of the 25 banking crises were not found.｜｜Some governments, including the United States, were helpless. Three times strengthened supervision.｜Some.

In other words, governments in the case are helpless. Organizations around the world include the International Monetary Fund, the World Bank, and major banks. One person knows how to reform banks. Since no one in the world knows how to reform banks, how can China dare to change?

Moreover, your consultants are all consultants who are shareholders of the US Central Bank for you. Therefore, the advice I give you is to reorganize and list. Reorganize and listing is very interesting. You all come from all over the country, from the Northeast to Zhuhai. If you go to any countryside, you can see an ICBC. Its outlets are so wide that you can't imagine.

It is also a customer of ICBC. However, the service of China Construction Bank is very bad. Why do I still use China Construction Bank? There are many banks. This is the only reason. Even if our government completely opens the bank and lets Citibank come in, it does not have the ability to open so many branches. You have to know how many properties you want to rent, how much money you have to invest in hardware and software development, and how much time you have to invest in staff training. Do you know that there is no trillions of dollars in this trip.

So what will they do? So these smart consultants won't do this. They will definitely ask you to go public in the bank. As long as you go public in ICBC, you have 2 shares in the United States. All the money you earn from your branches will take away 2. At the same time, the bank operates in China, monopoly operates and monopoly operates. Why doesn't ICBC pay the license fee? Because it is a state-owned bank and does not need the license fee.

Why don’t you charge a license fee if you sell it to Citibank after you go public? He forgot. He didn’t know that he would charge a license fee! So foreign banks, including Bank of America, etc., can buy ICBC’s stocks at the cheapest price without paying license fees. As long as you buy 2 of the profits of all branches, you have to pay 2.

Let’s take a look at the latest results. This time, a lot of money was lost due to US subprime debt. Their CEO proudly said this week: Our losses in subprime debt are much smaller than our investment in Industrial and Commercial Bank of China. How much money did they make in the bank? It made | 300 million!!

So what about our level? Our foreign exchange management invested in Blackstone in the United States under the management of Lou Jiwei. He returned in a crushing defeat. This is the level!! Why do people know how to do this because the financial war has begun. The water of our financial war was almost the same as the level of the big knife against foreign guns 150 years ago. Look at the things about Bank of America and ICBC and then look at the stories of Foreign Exchange Investment Fund and Blackstone. After comparison, you will suddenly become enlightened.

Why did the United States force my bank to go public? Because listing is the fastest way to acquire Chinese banks in the United States. We actually obediently followed suit! In addition, the reform is called the floating exchange rate. What is the reason why I have always opposed this reform? Because we in China have no talents!!

We in China may have a lot of talents, but in terms of foreign exchange operations. I can say that, I included myself. There is no expert in our country. Without an expert, how dare you open up the RMB floating? You don’t know why Soros blocked Asia in 7 years? It caused the Asian financial crisis. That is because of the bubble in Asia. In addition to the four little dragons, Asia had four little tigers. It was a serious threat to European and American countries. So Soros began to block Thailand. Because Thailand had just changed to a floating exchange rate. After blocking it, Asians | especially the four little tigers had no chance to breathe.

They didn't let Hong Kong go either. They also hit Hong Kong. Hong Kong was overvalued at the time. The stock market was very good.｜. The real estate market price rose rapidly. It was best to block the Hong Kong dollar under the appreciation of the entire asset. They shorted the Hong Kong dollar at the same time and shorted the Hang Seng stock market futures. What is short selling? Take the stock market as an example today and lent a stock from a securities company to sell it today. The stock price fell to 3 yuan tomorrow. I bought it and returned the stock to the securities public. Short selling.

5. If you buy it for 3 yuan, you will make a difference of 2 yuan. So the purpose of short selling is to bet that your stock will fall. Foreign exchange is the same. What is short selling? Same. Lend Hong Kong dollars from a financial institution and sell it. If it falls tomorrow, buy it back and return it to him. The meaning is the same. They short the Hong Kong dollar at the same time, they are shorting the Hang Seng Index futures. At that time, they shortened the Hong Kong dollar and sold the Hong Kong dollar to the Hong Kong Financial Administration. Therefore, Hong Kong dollars are lacking in the market. Therefore, the bank's lending interest rate has increased significantly, with a maximum loan interest rate of 2.

Do you know what is so severe Asian financial crisis? China survived the disaster? At that time, we adopted two most traditional and oldest systems. One was the fixed exchange rate and the other was the exchange control. The fixed exchange rate and foreign exchange control were protected. It was not because we could be good. But these two reasons. According to my story, if international speculators wanted to fight the bubble in China today and the original Indonesia, Malaysia, Thailand and Hong Kong. There were bubbles everywhere. Stock market bubbles and real estate market bubbles and inflation. We must block this bubble economy and sweep our wealth like we swept Hong Kong. What is the best way?

That is like Thailand. Blocking the floating exchange rate. That is the best way to block. Even the incense of the exchange rate can block the inflation. What's more, the floating exchange rate. This is why the government continues to force the RMB exchange rate to fluctuate. As long as the floating exchange rate is closed, capital will enter and exit freely. In addition, the introduction of stock index futures will make China's financial market completely exposed to the blockade of international speculators. And we basically have all of our bubbles. There is! Is there inflation? Is there stock index futures? Is there a floating exchange rate? We are working hard! With the gradual efforts of our government and our people, I believe that in the near future, we will definitely give international speculators a very good opportunity to block China. Let's wait and see! The situation in my country is not optimistic now. All we need to do is to cheer up. Keep a good barrier and not let foreigners flood our homes. I'm done! Thank you everyone!
Chapter completed!