Genius is just the threshold for me!

After flying to the capital and then taking a car to a specially arranged hotel, it was already past six in the afternoon.

After having dinner with Lin Dong and Xu Qingling, Zhang Fangxu went over to the desert representative's place.

Since he had come all this way, Lin Dong didn't just stay in the hotel.

Xu Qingling called over Qi Jingchuan and several other security personnel who had come with her, and they went out for a stroll for a while, not returning to the hotel until after 9 p.m.

"Go take a shower first, I need to take care of something."

Lin Dong told Xu Qingling, took out a professional nonlinear node detection instrument from his backpack, and scanned the entire three-bedroom suite.

Although this is the officially designated hotel for guests attending the military parade, and theoretically there is no possibility of eavesdropping, it's still better to check it out just to be on the safe side.

It took a few minutes, and the test was successful.

Lin Dong turned off the instrument, put it back in his backpack, took out his laptop, connected it to the Beidou secure communication module, logged into Wang Xingguo's email, handled today's project matters, and reviewed some materials.

"I'm done washing."

After waiting for about ten minutes, Xu Qingling came out after taking a shower, wearing a nightgown, and urged, "You need to go to bed early tonight. We need to get up early tomorrow morning to register for entry..."

"Okay, I've finished reading this." Lin Dong nodded in response.

"What are you looking at?"

When Xu Qingling heard that she was looking at something, she curiously came closer. On the left was an industry report, and on the right was a set of biological data.

Lin Dong pressed the shortcut keys, and both reports and documents scrolled down simultaneously, quickly reaching the bottom. Then, Lin Dong opened two more reports...

"You're a billionaire now?" Xu Qingling exclaimed, her eyes widening in amazement at the sight of him multitasking.

"puff--"

Hearing the analogy again, Lin Dong couldn't help but chuckle: "It's alright, I could do it before, but there's no need to rush like this usually."

He had a photographic memory and the ability to multitask; he learned these skills in third grade, which isn't exactly outrageous.

After all, what limits him is his energy, not his reading efficiency.

On the contrary, multitasking, such as reading two identical reports, will consume more energy and is unnecessary to use normally.

"It's good that I'm not a billionaire yet. Looks like I still have room to catch up." Xu Qingling breathed a sigh of relief in an exaggerated manner, and said in a very playful way.

However, looking at the report Lin Dong was reading, she asked curiously, "Why are you looking at these? Has the boss assigned you more work?"

"The matter of an industrial reservoir."

Lin Dong explained simply: "At the current scale of monetary easing, by the end of 16 or the beginning of 17, the development speed of the new energy industry and the AI ​​industry chain will not be able to keep up with the pace of monetary easing."

A new industry will have to step in to fill the gap; otherwise, the real estate sector will have to take its place.

Since the 08 financial crisis, the world, especially the United States, has been engaging in massive quantitative easing, using financial and economic means to transfer the crisis to the rest of the world.

In this situation, the country had no choice but to follow suit with monetary easing and was forced to take on these crises.

If we don't keep up, the RMB will appreciate rapidly, and this appreciation will deal a devastating blow to the foreign trade economy, which is currently almost a pillar of the economy. The cost of foreign trade will surge, directly destroying the entire foreign trade economy.

Massive monetary easing inevitably leads to an increase in the money supply. At this point, there needs to be a reservoir to lock up this newly issued currency. Otherwise, the increased money supply will impact consumer goods, such as rice, which could cost 50 yuan per kilogram.

The 4 trillion yuan stimulus plan, along with the large-scale infrastructure projects in rural and urban areas that continued for more than a decade after 08, including the entire real estate industry, all served as a reservoir, while simultaneously driving industrial upgrading, military upgrading, and other forms of modernization.

But now we need to move towards an industrial model, and the real estate economy has cooled down.

This super reservoir has been reduced to a small reservoir due to suppressed land prices, so there must be a place to receive the excess water.

The new energy industry chain and the AI ​​industry chain are the reservoirs envisioned by think tanks and other organizations.

In theory, the theoretical value of various large-scale AI models and AI artificial intelligence can be infinite, and its potential for growth can be unlimited.

However, because a complete system for AI digital valuation and the AI ​​industry chain has not been established, the infinite potential value of AI cannot be released.

The overall development speed of the AI ​​industry will gradually fall behind the pace of monetary easing, at which point new industrial connections will be necessary.

"Um……"

Xu Qingling listened attentively, blinked, and said, "Dongdong, this industrial reservoir seems different from the real estate reservoir."

Once you buy a house, the mortgage is a loan; the money goes in and doesn't move, it's locked up for thirty years.

But in new energy, AI industry, etc., the money goes to the manufacturers, and the manufacturers still purchase various materials and energy, so the money still flows out...

"Um?"

Lin Dong looked up and glanced at Xu Qingling in surprise: "You've improved."

"Of course."

Xu Qingling happily tossed her head and said with feigned pride, "I have been studying hard, okay?"

"Very good, keep it up!"

Lin Dong smiled and patiently explained: "The two water storage models are indeed different. The real estate model is water storage through debt, relying on residents' debt. A 30-year mortgage with a 70% down payment can directly lock up the newly released currency."

The industrial model is a capital accumulation model, which relies on investment, funds, government funding, and the deposits of the wealthy to accumulate capital. It can only attract investment through the industry's prospects and profits, and cannot be directly locked in like a mortgage.

The two anchors are, on the one hand, the scarcity of land, which has locked them in for thirty years.

However, land prices can only rise, not fall. Once land prices collapse, the entire reservoir will collapse.

Another factor is industrial development combined with technological iteration, which can lock in a product for about three to five years at a time.

Furthermore, if the pace of industrial development and technological iteration cannot keep up, and capital investment can no longer be attracted, then the reservoir will also collapse.

Based on the current situation, around the end of 16 to 17, the development of the new energy and AI industries will fall behind, and excess funds will flow out...

"Wouldn't this kind of industrial model be much more difficult?" Xu Qingling immediately noticed the difference between the two.

"There are many difficulties, but the benefits are that the industry has developed, which is real hard power. In addition..."

Lin Dong pinched Xu Qingling's cheek and chuckled, "No need to overspend on real estate, no need to overdraw thirty years of debt and purchasing power, everyone can buy a house and a car, life has really improved."

"You're still pinching me!"

Xu Qingling widened her eyes, but quickly asked with concern, "What if the current industries can't hold on until 17 years... After all, this industry is much less effective at locking in revenue than houses, which can be locked in for 30 years. As long as they keep releasing revenue, no matter how many industries there are, they can't keep up with this pace."

"They can't keep them for too many years."

Lin Dong thought of the crazy stock market in the United States ten years later and shook his head, saying, "In addition, once our industries have completed their upgrading and our core competitiveness has improved, our foreign trade will no longer need to rely on price advantages."

Then the exchange rate can be gradually loosened, the RMB can gradually appreciate, and we won't need to follow their lead in quantitative easing anymore. As for 17...

Lin Dong said with a smile, "After watching the military parade, we'll have dinner at the leader's house tomorrow night or the day after, and then we'll finalize it."

???

Xu Qingling was taken aback, her eyes widening slightly as she asked nervously, "We're going to his house for dinner?"

Although she knew that Lin Dong had maintained contact with his superiors over the past few years, and had even overheard their phone conversations.

But online communication and eating together in person are completely different things!

"What else can we do? Do we expect to meet in public?"

Lin Dong smiled and said softly, "I'll treat Chengfei and a few of his core comrades to a meal to thank them for their contributions over the years. We younger generation will just be there to tag along and have a meal..."

Done.

After reviewing the last document, Lin Dong logged out of his account, cleared his browsing history, closed his laptop, and stood up. "I'm going to take a shower and go to sleep. We have to get up early for the ceremony tomorrow... Which room do you want to sleep in?"

"The one to my right!" Xu Qingling immediately raised her hand and pointed to the room on the right.

"Then put my things in my room." Lin Dong nodded, took a set of clothes, and went to take a shower.

Sigrún has taught at the Iceland University of the Arts as a part-time lecturer since and was Dean of the Department of Fine Art from -. In – she held a research position at Reykjavík Art Museum focusing on the role of women in Icelandic art. She studied fine art at the Icelandic College of Arts and Crafts and at Pratt Institute, New York, and holds BA and MA degrees in art history and philosophy from the University of Iceland. Sigrún lives and works in Iceland.

After taking a shower and saying goodnight, Lin Dong and Xu Qingling went to their respective rooms to sleep.

At 3:40 a.m., Lin Dong got up and changed into a light-colored short-sleeved shirt and thin trousers, while Xu Qingling changed into a beige dress. Just as the two finished washing up, Zhang Fangxu called.

"Xiao Dong, Qing Ling, are you up yet...?"

"Get up, it's almost done."

Lin Dong spoke a few words into the phone, packed his things, and opened the door.

My uncle appeared before me, wearing a light-colored short-sleeved shirt, dark-colored thin trousers, and flat shoes.

Lin Dong looked Zhang Fangxu up and down at his outfit and said with a smile, "Uncle, you look much more formal than before."

"You're talking nonsense. When have I ever been anything but formal?"

Zhang Fangxu didn't put on airs of a boss in front of his nephew. He chuckled and scolded as he handed over two bags containing a handheld fan, two pairs of sunglasses, and two pairs of arm sleeves.

"Take this with you so you don't lose it. I prepared it especially for you. Don't get a tan later and your mom will call and yell at me for not taking good care of you."

"Uncle, are you that afraid of my mom?" Lin Dong asked with a smile.

"Heh, go back and ask her what she did back then."

Zhang Fangxu sneered and led the way downstairs: "She hit me with a clothes hanger, chased me for 300 meters, and when you just turned one, she went back to her parents' house and forced me to go to the hair salon, cutting off my 200-yuan-perfect frizzy hairstyle..."

Tell her, "Thirty years east of the river, thirty years west of the river; I'll get my revenge sooner or later."

"Uncle, Xiao Dong recorded something..." Xu Qingling suddenly reminded him with a smile.

"You even recorded it?"

Zhang Fangxu suddenly turned around and stared wide-eyed at the phone Lin Dong had taken out.

"Okay, the New Year's money will be doubled this year." Lin Dong pressed pause and save, then smiled and waved his phone.

"You little rascal! You're nothing like your honest dad, trying to extort New Year's money!"

Zhang Fangxu playfully slapped Lin Dong, then chuckled, "Back when your parents first got married, no matter how much New Year's money I asked for, your dad would just give it to me..."