Technology company, I will become the light of China!
Chapter 611: US cuts interest rates to reduce debt, Chen Xingrong becomes principal
With the end of the minor meetings, the Davos Forum officially came to an end.
The Dragon Country's economic status, status as a developed country, and proposals in the field of artificial intelligence are also recognized by the world.
The United States, once the world's hegemon, just like the Netherlands and the United Kingdom, quietly gave up its throne.
The day after the Davos Forum ended, European countries led by Britain, France and Germany fully relaxed visa requirements for the Chinese people. People from the Chinese people once needed to verify their capital to travel to Europe, but now they can go directly to Europe by just purchasing a plane ticket.
Even the "rival" United States has relaxed visa requirements for Dragon Country.
They did not issue visas in the past, mainly because they were afraid that tourists from Long Country would stay.
This is because when the average income gap between the two countries is too large, they generally do not dare to exempt each other from visas. For example, in the poor countries in Southeast Asia, their average income is generally around 1,000 to 2,000 yuan. If Longguo relaxes visa requirements, who can guarantee that they will not tear up their passports and stay in Longguo?
You should know that in Sanyuanli in Guangzhou, there are many black people with "illegal residence". They all came to Longguo in the name of trade, and after tearing up their passports, they refused to leave Longguo.
Of course.
It’s not that the Cantonese haven’t tried to drive them away.
But these black people who came here are so good at hiding, and because it has been so long, we have no idea where they came from.
If we throw all of them back to Africa, we are afraid that it will cause international public opinion.
It is for these reasons that a large number of black talents who came here illegally were not deported. But also because lessons have been learned, people from poor countries are now subject to layer-by-layer screening when they come to China.
Nowadays, developed countries have collectively opened their doors to the people of Longguo. This means that Longguo's average income and social welfare have reached the level of developed countries, and they no longer have to worry about Longguo tourists staying.
At the same time, the United States also abolished the law prohibiting citizens from traveling to the Eastern giant, and Longxing Group's mobile phones, 5G high-speed networks, Longxing Heavy Industry's new energy vehicles, and Jiangyu Technology's drones are all allowed to legally enter the United States for sales.
In addition, ByteDance's TikTok was also unblocked and officially established an independent data center in the United States.
The United States' full opening up has also brought corresponding benefits.
Then the Eastern giant should stop selling U.S. Treasury bonds and buy back the U.S. Treasury bonds it has sold within six months.
The exchange of interests between the two sides also prompted Japan, South Korea and European countries to stop reducing their holdings of U.S. debt, allowing the United States to catch its breath.
However, even if the national debt problem is solved, the United States still faces serious economic deflation and capital outflow problems.
why would you say so?
A very intuitive reason is the US dollar interest rate hike.
Several rounds of interest rate hikes have already brought disaster upon the United States, with a large amount of funds being locked in banks and unable to circulate in the market.
Suppose the United States announces a rate cut, allowing funds in banks to flow into the market, the consequence will be that deflation will turn into inflation.
It is precisely because of the complex domestic economic problems that the United States has no time to continue competing.
As time went by, Renato Marotta, Davichi, and several top US executives came up with a solution, which was to dissolve the money in the bank.
How to?
There are two ways.
The first is to silence the truth.
If you die, will your property belong to the US bank?
Assuming that you have direct relatives who want to inherit the estate, you will have to pay high inheritance tax. Moreover, the scale of this "debt repayment" is too large, so Davichi and others don't want to leave any survivors.
Accidents such as plane crashes, car accidents, shipwrecks, and falls from high altitudes began to occur frequently in the United States.
At first, the wealthy Americans didn't care, but as time went on, more and more wealthy people died, including top Jewish and Anglo-Saxon tycoons, such as the CEO of an insurance company and a giant in the energy field.
The mass deaths of these people have caused many wealthy people to panic, and they are determined to leave the United States even if they have to pay high departure taxes.
At the end of "Debt Payoff Mission", a raging fire broke out in Los Angeles, USA, turning some houses worth tens of millions of dollars in wealthy areas into ashes.
Thanks to the efforts of Davichi, Renato Marotta and others, the domestic debt pressure of the United States was instantly reduced by more than half, and the Federal Reserve also took the opportunity to announce the news of a rate cut.
Christmas day.
The US Federal Reserve holds an interest rate meeting.
After the lawmakers unanimously voted to approve the interest rate cut proposal, Powell walked onto the podium and said to the global cameras: "Good afternoon, my colleagues and I have made a decision on the interest rate."
"Kakaka-"
All of a sudden.
The flashing lights kept coming.
On the other hand, the U.S. stock market began to fall across the board the moment Powell said "Good afternoon".
Those who are familiar with Bao Weier know that stories that begin with "Good afternoon" are all bad news. The capital market is very sensitive and will try to avoid declines as much as possible.
However, to everyone's surprise, Powell announced the extent of the interest rate cut without any nonsense.
"From now on, the Federal Reserve has decided to reduce the deposit interest rate to 10%. We hope that this decision will inject new vitality into the U.S. economy. Thank you."
The words were so concise that many reporters at the scene were unable to react.
"What am I buying?"
“A rate cut?”
“The Federal Reserve cut interest rates?”
When the reporters reacted, the global markets responded. The stock markets of major mainstream countries such as China, Japan, South Korea, Germany, France and the United Kingdom all moved and started a new round of surge.
Although the trade settlement attribute of the U.S. dollar has been replaced by the Dragon Country Currency, it will take a long time to completely replace it.
It's like when you throw a stone into the middle of a lake, the ripples take some time to reach the edge of the lake where you are standing.
In an instant.
American stock investors are going crazy.
buy!
buy!
buy!
Lowering interest rates means releasing a large amount of US dollars.
Such a large amount of US dollars coming out of banks will not be left to depreciate, and there is a high probability that they will enter the stock market.
No one expected that the United States would either not cut interest rates or cut them by 3%, a rate that exceeded the historical record.
In Dragon Country's Internet, a large number of stock investors also opened the champagne.
[The Demon Cult Leader]: "It's been three years. It will be three years soon. The US can no longer bear it and has to cut interest rates to save the economy!"
[爱丫爱丫]: "This time the US has really shot itself in the foot. The tide of US dollars has not reaped any benefits for any major country."
[I am Xiao Daidai]: "It's not that they didn't harvest anything. Look at Japan, South Korea, and Egypt. They were all cut to death by the United States. It's just that their size can't satisfy the appetite of the United States."
[股神一柱天]: "You are right. Japan, South Korea and Egypt cannot feed the United States. It is like a person who has been hungry for seven days. If you only give him a small piece of bread, he will still starve to death."
The drastic interest rate cut in the United States also announced the end of the US dollar tide.
The whole world knows that the former world hegemon is piled high with debt, but what no one expected is that after the Federal Reserve announced a rate cut, the United States did not experience serious inflation, and the CPI index only rose slightly.
Some economists looked confused, while others felt that the rate cut was still small.
However, in the next two interest rate meetings, the United States lowered interest rates by another 5%, and serious inflation still did not occur.
Some long-term funds seem to be stuck in US banks and have no intention of coming out at all.
However, only Davichi, Renato Marotta, and a few senior US officials knew that the owners of these funds had their accounts closed.
It’s not a bank account closure, but a physical account closure!
With fewer big customers withdrawing money, there will naturally be no serious bank runs in the United States, let alone economic inflation.
…The sun and the moon alternate, and time passes.
Two years later, in 2019, through Davic, Chen Xing had completely taken control of the Belle Group and the Leading Group.
These two groups control a large number of Silicon Valley companies such as Apple, Google, and Microsoft, which means that Chen Xing indirectly controls them.
After two years of reshuffle, the U.S. economy has gradually stabilized.
The rice stock, which had originally fallen by 70%, also began to rise, and the daily line formed a particularly beautiful V-shaped rise.
Although the U.S. economy has improved, its military strength is not as strong as before. There are only more than 50 overseas military bases left out of more than 300. Its influence is no longer as strong as before, and it no longer has the possibility of competing for hegemony.
It is worth mentioning here that even if the US military strength is restored, the whole world will no longer listen to its call. The reason is very simple, that is, Longguo has bound the whole world with electricity.
At the 2017 Davos Forum, Longguo proposed the idea of providing electricity.
Since then, the State Grid Corporation of China has started its "Western Expedition", expanding from the Ancient Elephant Kingdom all the way to Europe.
As for the relatively chaotic Middle East, under the military maintenance of Dragon Country, the forces of all parties have reached a delicate balance.
If peace means food, who would be willing to gamble their head on tomorrow?
It was precisely because of the fate of the Dragon Kingdom that peace and prosperity emerged in the Middle East and Africa. Even Mexico, which was ravaged by flour, changed its mind and removed a large number of poisonous trees.
It is no exaggeration to say that after Longguo became the world hegemon, the whole world had only one goal, which was to focus on the economy.
As for energy?
Dragon Country has its own cheap electricity supply!
Don’t underestimate this cheap electricity. The reason why world disputes arise is because of the uneven distribution of energy.
It’s just like the United States in the past, the reason it stirred up trouble everywhere was simply for oil.
When the whole world was thriving, Longguo once again took the lead and completed the exploration of the moon for the first time.
After numerous analyses in the laboratory, Academician Lin Hui looked at everyone behind him and gave an exciting answer.
“You can grow vegetables on the lunar soil!”
The words "you can grow vegetables" made other scientific researchers in the laboratory cheer.
“Haha, I can really grow vegetables!”
"The lunar soil can be used to grow vegetables. With the internal water source we discovered, the moon can definitely be used to build a human base!"
"We have to report it. Maybe we can eat food from the moon in the future!"
"You're right!"
There was constant laughter in the laboratory.
Don’t underestimate the information that lunar soil can be used to grow vegetables. If humans want to build an independent exploration base on the moon, they must thoroughly study the ecological cycle, otherwise it can only be a terminal station.
In addition to exploring the moon, the joint space exploration force composed of China, the United States, Germany, Japan and South Korea is already exploring Mars, striving to enter the interstellar era as soon as possible.
……
When the whole world was developing rapidly, Chen Xing came to Panlongdi, Shenzhen, to participate in the first enrollment of Longxing University of Science and Technology.
Only Longguo in the world can build a university in one and a half years.
In order to speed up construction, Shenzhen’s leadership team mobilized thousands of excavators and countless other engineering equipment.
A nine-story teaching building was built at a rate of almost one floor per day, which can be called an industrial miracle.
The reason for rushing is that the Shenzhen leadership is afraid that leaders of other cities will be tempted to lure Chen Xing to invest, such as Guangzhou next door.
Although Shenzhen and Guangzhou are both located in eastern Guangdong, they are also in competition with each other. As the saying goes, there is progress only when there is competition.
In the huge playground, the first batch of 3,000 freshmen sat on plastic chairs, listening to the speeches of the leaders on the stage.
"Dear students, I am the president of Longxing University of Science and Technology. My name is Zhang Biao. Here, I sincerely congratulate you on leaving middle school and entering the university campus."
Zhang Biao is a Mediterranean man with sparse hair. He wears a pair of slightly dull black glasses and looks very knowledgeable.
However, the person who can serve as the principal of Longxing Science and Technology is definitely not an ordinary person.
As an academician in the field of physics, Zhang Biao still has a high say.
"Clap clap-"
Three thousand students gave applause.
Two seconds later, Zhang Biao continued, "As a typical science guy, I am not very good at speaking, so let the honorary president of Longxing University of Science and Technology, Mr. Chen Xing, come on my behalf and send you my blessings."
"Clap clap-"
The applause rang out again. Compared to the last time, the volume this time was obviously a level higher. All the students perked up and looked at the man in the front row with eyes full of admiration and respect.
Although Longxing University of Science and Technology is a non-double first-class university, its college entrance examination admission score is 600 points, which is comparable to the top double first-class universities.
Why is it so high?
the reason is simple.
There is news that Chen Xing, chairman of Longxing Group, will be the honorary president of Longxing University of Science and Technology.
Fifty meters inside the school’s main entrance, there stands a statue of Chen Xing, with the school motto of Longxing University of Science and Technology engraved below it, which is “Learn from history and revive the Long Kingdom.”
In Chen Xing's view, history is the best teacher for everyone. There is really nothing new under the sun. The final revival of the Dragon Kingdom is also what Chen Xing wants his students to do after they graduate and serve the motherland.
Amidst applause and cheers, Chen Xing stood up from his chair, turned around and waved, then walked up to the podium on the playground.
"Mr. Chen."
Zhang Biao handed over the microphone.
Chen Xing nodded slightly, took the microphone, and walked to the center of the podium.
"Dear new students, I am Chen Xing, chairman of Longxing Group and honorary principal of our school."
After briefly introducing himself, he continued, "Like Principal Zhang, I am not very good at speaking, so I will try to keep my speech brief so that you have more time to adapt to campus life."
The students applauded again and everyone was looking forward to it.
Applying to a non-key university with a score threshold of 600 is a gamble in itself.
Although academic qualifications are not the most important thing, they are a stepping stone.
For some large-scale job fairs, the entry threshold is a bachelor's degree. For high-quality job fairs, the starting point is 211 and 985. Non- and universities are not qualified at all.
Chen Xing didn't beat around the bush and said bluntly: "As far as I know, this year the admission score of our Longxing University of Science and Technology is 630 points for liberal arts and 600 points for science, which is already the level of top double first-class universities."
"Giving up the double first-class universities and applying to our non-double first-class university, I believe that everyone is here for the same thing, that is, to contribute to the motherland."
"so!"
Chen Xing emphasized his tone and announced: "In order to provide everyone with a better learning environment, Longxing Group will invest 1000 billion yuan every year to invest in the education of Longxing University of Science and Technology, and will also take out another 200 billion yuan to cover all your expenses during your stay at school, including meals."
"In addition, the school will add more than 100 awards, including innovation awards, progress awards, outstanding student awards, etc."
"We will also actively cooperate with top universities to hold various top competitions to enrich your resumes, and provide corresponding jobs in your last year of university!"
The various initiatives proposed by Chen Xing flattered the 211 students. They indeed made the right choice. Although Longxing University of Science and Technology is not a 985 or university, it has Chen Xing's connections, so its social recognition will definitely not be low.
Just like Shenzhen University, which is also a non-211 university, but its recognition in Shenzhen is even more popular than some of the lower-tier universities! (End of this chapter)
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