Da Ming Tai Shi

Chapter 499

When Zhang Yuanxiong said that Guangdong has no money, almost everyone gasped.

impossible.

Obviously just last year, Guangdong was the wealthiest province in the country, and it was still the country's largest taxpayer province with more than eight Henan, ten Hebei, and even two Zhejiang provinces. It is a well-deserved pillar of the national economy.

How did Guangdong become so poor that it was on the verge of bankruptcy in less than a year?
Wu Shigao even said: "This year, so many businessmen from overseas came to our Guangdong province, bringing mountains and seas of real gold and silver. We should be richer."

"That's not how the account is calculated."

Zhang Yuanxiong sighed: "The money did go into Guangdong, but it was not used for practical purposes, not for production, but all poured into the stock market. The money of ordinary people bought high-priced stocks, and the money disappeared on the books of the stock market." After the incident, they all got into the pockets of the merchants.

And the money is in the bank, and is loaned out endlessly, then enters the stock market, and then goes to the bank to lend out again.

The money, the same money, rolled out of multiple debts.

Obviously, the stock price of a stock is only worth one or two taels of silver, but it was fired to three taels or even five taels in this non-stop process, but the profit or production capacity of this firm is simply not enough to support such an inflated stock price .

If businessmen want their stocks not to crash, they must raise the prices of the goods they sell. This is the only way to survive and make beautiful financial statements.

Now, thanks to the large amount of foreign money coming in, and thanks to the rapid development of our Guangzhou port, thousands of sea-going ships sell their goods at high prices to Nanyang people, Arabs or Japanese. Wealth managed to barely survive. "

At this time, the chief officer of the Port Authority also stood up and supported Zhang Yuanxiong's words.

"Fantai, my colleagues, last year, the total number of ships out to sea in Guangzhou Port was 17, but this year, it is as high as 29.

What President Zhang said is right, we are now relying on foreign maritime trade, relying on the real gold and silver brought back by boats to hang on to this breath.

But no matter how much money there is overseas, there will be a time when their needs are met. At that time, if our Daming products cannot be sold or cannot sell so much, there will be no living money to enter Guangdong, and many companies will go bankrupt immediately, which will cause the stock market to crash. "

Wu Shigao closed his eyes and asked in a deep voice.

"If you can't sell it overseas, can't you sell it domestically?"

"Nowadays, all the major firms have been working hard to produce. The homogeneity of the products is serious and the quantity is large. If they are sold domestically, they must be sold at a low price. The cost cannot be covered. If the firms want to raise prices and increase profits, they must lay off workers. , to reduce production by a certain amount to stabilize prices.

This will cause a wave of unemployment. "

Financial Secretary Chung King-yin stood up: "Many people are now penniless and have no savings at home, and all their money is floating in the stock market. Once they lose their jobs, many families will go bankrupt directly.

What to do if you are unemployed and have no money, the common people will sell their stocks, but the market can no longer digest their stocks, merchants cannot repurchase them, and banks cannot cash them in cash, so stocks become butt wipes, which in turn triggers a large-scale sell-off of stocks and In the event of a bank run, the stock market will still collapse and banks will go bankrupt. "

To advance is to die, to retreat is also to die?
Wu Shigao pinched his eyebrows, then raised his head and let out a long sigh.

"My colleagues are the most economically savvy in Guangdong, so I have to come up with a solution."

Everyone looked at each other, and it was Zhong Jingyin who stood up.

"At the moment, we can only ask Nanjing for help, and ask the central bank to provide financial support for Guangdong's economy. We are shrinking money here to curb capital from continuing to develop in such a disorderly way."

Zhang Yuanxiong, who was sitting upright, raised his eyebrows calmly.

Curb capital?

Their Zhangjiake is also one of the capitals.

Although the economic crisis is a general environment, once the stock market crashes, it is true that everyone will suffer, but the real capital giants will not have any impact.

On the contrary, capitalists like the Chen family and the Zhang family, which are supported by a large amount of physical production, like many big bank capitalists who control physical production, not only will not become poor, but can take the opportunity to grab more wealth. The unlucky ones are small workshops, Small businesses and ordinary people.

Once the stock market crashes and unemployment sweeps across Guangdong.

The soaring prices at that time were inevitable, and the big capitalists who controlled the head of Guangdong's economy will take advantage of this opportunity of economic reshuffle to completely monopolize the entire Guangdong!
Crash, crash, who cares.

Wu Shigao pondered for a long time, but in the end it was still unresolved, and finally announced a temporary adjournment.

In the lounge, Zhang Yuanxiong found Wu Shigao.

"Fantai."

"Farglory is here, sit down."

Now Wu Shigao was exhausted, and after only one glance at Zhang Yuanxiong, he closed his eyes and lay down on the comfortable sofa again.

The high-quality leather is covered with cotton, and it is much more comfortable to lie on than the previous Taishi chair.

"Yuanxiong, you are our God of Wealth in Guangdong, tell me if the matter has really reached an irreversible point."

Zhang Yuanxiong didn't rush to answer, but instead asked Wu Shigao a question.

"Fantai, the whole country is busy with railway construction. The officials heard that the central bank just allocated 5000 million taels to Hebei, Zhejiang and Shandong in the middle of the year, and at the same time transported 60 slaves from India to Quanzhou to Hong Kong.

Now, does the imperial court still have the energy to cover this financial hole of nearly [-] million taels for us in Guangdong? "

Wu Shigao opened his eyes: "What do you want to say?"

"The meaning of the lower official is that if the court is also struggling, and you have entered the capital at this time with a memorial, the king, the lower official is afraid that he will be angry."

Zhang Yuanxiong said: "You also know what the old man wants now, which is naturally to realize the railway track project across the country as soon as possible. This project is huge, and it is more powerful than adding a Grand Canal to the Great Wall.

Even if the imperial court has the ability to cover the bottom line for our Guangdong now, if hundreds of millions of taels are poured into our Guangdong, then the imperial court will have no money at all, and the project of opening the railway tracks across the country will be postponed. No one can say how long the delay will be. . "

Although Zhang Yuanxiong didn't completely break it, Wu Shigao could still hear it clearly.

The current Chen Yunfu is like Qin Shihuang, Emperor Wu of the Han Dynasty, and Emperor Yang of Sui Dynasty. He is so overjoyed that he wants to be famous forever. Are you from Guangdong to hold back at this time?
Wu Shigao, Wu Shigao, how many heads do you have to chop off!

Would Wu Shigao dare to gamble on this risk?

Whoever it was, I'm afraid they wouldn't dare to bet the lives of their own family on Chen Yunfu's unfathomable Sacred Heart.

"If you don't report it to the central government, tell me, how to solve this matter?"

Zhang Yuanxiong fell silent, then spoke quietly.

"Borrowing from Nanjing is worse than borrowing from Arabs!"

(End of this chapter)