Life Dungeon Game

He Ao then asked, "Does the hospital treat a large number of patients?"

"As previously arranged, we registered a 'Pete-Qiming Charitable Foundation,' which will donate money to subsidize the hospital and then use the subsidies to lower outpatient prices,"

Danny replied, "The hospital attracts many people without health insurance. Many people in Morning Light City travel for hours by bus, even crossing district lines, to see Qiming Hospital."

Basically, every intern's appointments are fully booked for the entire day.

Being a doctor is a profession that heavily relies on experience. With a large number of patients and a wide variety of complex and difficult cases, coupled with continuous learning, these interns can quickly grow into skilled professionals.

New doctors become experienced doctors, and experienced doctors can mentor new doctors.

In any case, although it is foreseeable that the road ahead will be difficult, the first step has finally been taken.

"What did the medical foundation alliance say?"

He Ao asked.

The Nolanca Group had barely sold a small amount of grain when it was subjected to a strong attack by the Kegete Group. The medical consortium was even more affected and would not remain unresponsive.

Furthermore, Qiming Hospital has also reduced medical prices, although it was done through subsidies from a charitable foundation, which was just a roundabout way of making it look good on the surface. The major conglomerates are actually well aware of the truth.

"The medical consortium is still poaching our doctors, trying to restrict the issuance of medical licenses to our doctors, and controlling the sale of drugs to us."

Danny explained,

"However, these actions have not yet had a significant impact on us."

"Firstly, Qunxing Pharmaceutical and Huiermei Medical Foundation, as leaders of the medical consortium alliance, have been involved in major negative incidents in the past year for some unknown reason, which have seriously affected their public image. Therefore, they have become much more careful in their actions and have not gone too far."

"Moreover, because the two major conglomerates suffered setbacks, many smaller conglomerates within the medical conglomerate alliance are also trying to seize market share from the two giants and see if they can get a piece of the pie, so they have no time to pay attention to us."

"Secondly, Christos's healthcare reforms have sparked a wave of healthcare reforms. Currently, major cities are implementing similar healthcare reform bills to those in Dawn City, and there are even rumors of healthcare reform bills in the Federal Parliament."

"So, as you predicted, aside from internal strife, the main focus of the medical consortium is still on the medical reform bills in Christos and Dawn City."

"The two reasons mentioned above have given us a better development environment, but this environment is unlikely to last long."

After listening to Danny's analysis, He Ao nodded.

Overall, the current situation has not exceeded his previous estimates.

Christos's presence in front drew a lot of attention and criticism, giving the Nolanca Group an opportunity to develop.

What about the industrial sector?

he continued to ask.

The Nolanca Group itself is an industrial group, and Kaya is an industrial city.

Industry is the foundation of the Nolanca Group.

"The funds we previously obtained from financial operations have been fully invested in expanding production,"

Speaking of their main business, Danny slowly straightened his back. "We've opened a lot of factories during this time, and now it's rare to see purely unemployed homeless people in Kaya City."

"After the Limen store was incorporated into our market, many of the previously stockpiled products found a market, and the cash flow from these exports further enabled us to expand our production capacity."

"The earliest employees, having gradually gained stable incomes, have better expectations for the future and are more willing to spend more money and have more money to consume now."

Product inventory is decreasing, and our cash flow is becoming healthier.

Simply put, the plate has been coiled up and can start rotating due to inertia, so it's not as difficult as it was at the beginning.

"Um,"

He Ao nodded, raised his bracelet, flipped through the summary document Eve had sent him when he first woke up, and asked thoughtfully, "But I've noticed that the recovery in consumption seems to be slower than expected? It seems that not much of the wages we've paid out are actually being used for consumption?"

This is not a good situation. Insufficient consumption and the inability to explore new markets will still lead to tight cash flow and inventory backlog for the group.

When Heo asked the question, Danny looked at Lina.

Clearly, this is a matter within Lina's job responsibilities.

He Ao's primary task for Lina was to be in charge of publicity. Publicity not only meant conveying the group's message to the lower levels, but also collecting information from below and reporting it to the higher levels.

"Because of debt,"

Lina nodded and said softly, "Most of the group's employees, especially those who were previously unemployed, are burdened with a large amount of debt from financial companies."

"Take credit cards as an example. Credit card companies use various installment policies and handling fees to cover up their true interest rates. The annualized interest rate of most federal credit cards is over 16%, while the interest rate of money that most grassroots employees can borrow exceeds 20%, and the interest rate of medical installment loans is often even higher."

"Currently, federal loan interest rates are linked to users' credit ratings. The higher the user's credit rating, the lower the interest rate, and the lower the credit rating, the higher the interest rate."

"The operating principle of financial companies is to lend money to those who are rich and can repay it, while poor people who are less able to repay their loans have to pay more interest if they want to borrow the same amount of money."

"Those former unemployed and homeless workers have the lowest credit ratings after losing their jobs, so their loan interest rates are the highest. Most of their bank loan interest rates can reach 36% or even higher."

"Moreover, no matter how many low-interest loans they borrowed before, the debt they ultimately have to bear is actually high-interest."

"Even if they had low-interest debts before, if they lose their jobs and can't repay their debts when they mature, they can only borrow high-interest debts to repay low-interest debts, thus using debt to pay off debt, and eventually all their debts will be high-interest."

"In fact, many of our employees have gone through bankruptcy liquidation, but federal bankruptcy law does not mean that you do not have to pay your debts after you go bankrupt."

"After they go bankrupt, they only enter the bankruptcy protection phase. After all their assets are auctioned off, they are allowed to keep a portion of their monthly income for living expenses each month, while any amount exceeding this will be used to repay debts."

"Of course, some employees also choose to extend their debt, exchanging higher interest rates and longer debt terms for lower debt repayment amounts."

“When they are homeless, they can naturally not care about these things, after all, they have no income and no concern about debt interest.”

"But they accepted employment from the Norlanca Group and attempted to..."

Starting a new life can severely hinder and limit their lives.

“A debtor burdened with an annualized interest rate of 36% will have a large portion of their income used to repay bank debt, and a significant portion of this debt will be bank interest. For many people, the monthly interest payment will even be far higher than the monthly principal payment.”

Lena looked at Heo, "Just like in that book by Professor Searle that you once showed me, a large portion of the employees' labor was taken by the financial companies in the form of 'interest,' becoming the financial companies' profits."

"After their labor was taken away, their disposable income decreased, which in turn led to a decline in purchasing power, and the recovery of consumption was naturally not as expected."

What is your solution?

He looked at the two people in front of him and knew that they must have prepared a solution.

"The lowest-cost solution is to wait, until everyone's debts are gradually paid off, and naturally, the amount of money available will increase."

Lina replied.

“Time is a great healer,” He Ao nodded gently, “but we may not have much time left.”

"There is a way,"

Lina hesitated for a moment, then said slowly, "By offering preferential loans to the group's employees through Nolanca Bank, we can replace their original high-interest loans with low-interest loans. This way, we can keep most of the interest that was taken from them and also extend their debts, thereby increasing their short-term spending power."

"This can free up some consumption. We tried it in Kaya City for a period of time before, and the results were very good."

She paused for a moment, "But doing this requires a lot of cash flow. This behavior is actually using our money to pay those financial companies that issue loans. Although the money will gradually come back after the first month, a large amount of capital is needed to start up in order to achieve good results."

“And our cash flow is already very low.”

"Summarize,"

He looked at Lina and smiled, "The problem is that we're short of money. Solving the food development problem requires money, and alleviating consumption bottlenecks to continue promoting industrial development also requires money. Our problem is that we don't have money."

Although it's possible to slowly work things out even without money, He Ao doesn't know if the Nolanca Group has that much time left to develop.

"Ah."

Lina nodded.

She stared at He Ao's smile, and for some reason, she had a feeling that a conglomerate was about to go down in trouble.

He picked up his coffee, which had gone a little cold, took a sip, and looked at Danny. "Danny, has Mr. Faith returned?"

"We should have arrived by now."

Danny glanced at the time on his wristband.

Fies is the B-rank leader of the Nolanca Mercenary Group.

He Ao slowly stood up. "Let's go see him."

Please vote for this super long chapter.

I wrote a lot and stayed up a little late, but I still updated tonight. Goodnight everyone.

Chapter 698 Hope and the Future Are in Our Hands (Extra-Large Chapter Requested)

The bus sped along the road under the cover of night.

"The road is repaired now."

Jack, sitting by the window, looked down at the road outside.

"yes,"

His wife, Aisha, leaned out the window and said, “The company has been doing road repairs lately, hiring a lot of people. There are road closures and repairs everywhere.”

"The roads here are now better than those in Chenxi City."

Jack reached out and took his wife's hand, smiling.

"Our place is much better than Dawn City,"

Aisha laughed, "We can live in such cheap houses in Dawn City? And have such affordable medical care? And Annie can attend such good schools?"

She looked out the window at the brightly lit buildings and said, "Dawn City is paradise, but not our paradise."

"Yes."

Jack nodded slightly, watching the slowly moving vehicles outside the window.

"Mom and Dad, look, there are so many people over there!"

Just then, the little girl sitting in the front suddenly turned around, pointed to the other side of the car window, and called out softly.

Jack snapped out of his daze and looked in the direction his daughter was pointing.

On the sidewalk over there, a large number of people were gathered together, almost blocking the road.

Just then, the bus arrived at the station and the doors opened.

However, this was not the stop they were going to get off at.

That is...