Reborn in America, I'm serious about making money.

Zhang San is having a great time starting his business in North America. Yes, he's really having fun. However, news is coming from the mainland that while sales there are very good this year, he can't get the payments back.

He suddenly remembered that this year was 1993, a magical and surreal year. What happened that year?

One is the Great Wall Electromechanical fundraising case, known as "Taihui 2.0". This "Taihui" is a kind of lending scheme. It uses the money raised to help someone in need to solve their difficulties, and then collects interest, which is then returned to other members.

A carpenter surnamed Li from Yueqing became the subject of a Ponzi scheme involving 1.2 billion yuan. In 1986, 1.2 billion yuan was an enormous sum.

After he fled, nearly 30 million RMB in cash was found in his home; this was the cash he hadn't taken with him, which he used to wash his face and make up for some of the losses.

The Great Wall Electromechanical nationwide fundraising case is similar in nature, with interest rates as high as 24%, while the bank interest rate at the time was 12%; the amount involved was one billion yuan, and it was known as the first case.

The train robbery in May also caused a widespread sensation.

There is an even bigger and more far-reaching event: the bursting of the Hainan real estate bubble on June 23.

That period was truly a crazy year, with housing prices soaring from an average of 1350 yuan per square meter in 1988;

1400 yuan per square meter in 1991;

5000 yuan per square meter in 1992;

7500 yuan per square meter in 1993;

6月23日，海南房地产泡沫破灭，结局是600多栋烂尾楼、800亿元积压资金、银行坏帐300亿；「天涯、海角、烂尾楼」成为当时海南的三大景观。

At that time, the national average real estate price was 995 yuan per square meter. It is said that 100,000 people went to Hainan, major conglomerates fought for land, there were 20,000 real estate companies, 6 million people, and one real estate company for every 300 people.

These things actually have little to do with him. What really concerns him is the triangular debt, which is quite infamous. The main reason for this is that bank interest rates are high, loans are difficult to obtain, and there is a shortage of liquid funds in the market.

Zhang San's first-phase project at the Guancheng Paper Mill has commenced production, with an annual output of one million tons of corrugated paper for packaging, which can be described as a situation of supply falling short of demand.

This was originally a good thing, but sometimes good things can turn into bad things, and that is, after these papers were sold, it was difficult to get payment.

How much could this wrapping paper be worth? For such a paltry sum, someone actually dared to try and take it from Zhang San? This infuriated him, ruining his mood for making games in North America.

"Are you in North America, or are you coming to mainland China with me?"

After consulting with his two secretaries, Chai Xiaofen and He Meitian, Zhang San decided to make a trip to Dongguan.

"Third Brother, we'll both come with you to take care of you."

Zhang San walked over with a smile, put his arms around the two women, and said, "I really didn't spoil you for nothing. Your flight is the day after tomorrow." As for Guan Meiren, he'd just let her be; she was a rich woman with more money than she could ever spend.

Moreover, she herself doesn't want to go to the mainland, because going to the mainland would mean going back to Hong Kong, where the gangsters are known for their sharp minds.

Guan Meiren still vividly remembers the incident involving a certain female star in 90. She dared not go back; it was much more comfortable in North America, where she had money and could play around as she pleased.

Zhang San hired four foreign bodyguards from North America, along with two assistants and two servants, and chartered a plane to Hong Kong.

After arriving in Hong Kong, Zhang San stayed there for a week to get a feel for the situation. Before he went to the other side, he instructed them to continue using the original payment method.

"Manager Liu, I am your boss. Starting today, all payments will be made in advance. Those who owe money will not be allowed to receive any more goods until they are settled. Also, the price will be reduced by 10%."

Manager Liu is from Hong Kong, and he is at odds with the locals. If they weren't, Zhang San would definitely have fired him. Here, he earns HK$10,000 a month, which includes a housing allowance, a travel allowance, and an apartment.

Upon hearing his boss's words, he immediately took action, having someone make a sign with the boss's requirements and hang it outside the factory.

"Effective immediately, the price of packaging paper will be reduced by 5%, but cash payment is required; if there is any outstanding payment, no goods will be supplied. Please be aware of this."

In Dongguan, due to its cheap land prices, many factories have been set up by people from Hong Kong. Not only Hong Kong people have built factories here, but locals have also built factories here to manufacture for foreign trade companies.

The amount of packaging paper needed every day is naturally enormous; now, the largest paper mill in the country has suddenly announced a price reduction, which is fantastic news. However, the requirement for cash payment is causing them some difficulty.

Mr. Zhou, who produces packaging boxes, has always sourced his goods from here and then transported them back to customize packaging boxes for some factories; however, he has always had some debts, not because he did not want to settle the debts, but because he had misappropriated the money.

When his employee who went to pick up the raw materials arrived today, he saw the new announcement and was stunned. Since his employee couldn't make the decision, he naturally reported it to the boss.

Feeling distressed, the employee went to the public phone next door and called his boss, explaining what had happened.

"Wait there first, let me think."

Mr. Zhou wrote down the public phone number, then hung up and fell into deep thought.

The paper from the New Era Paper Mill is made from abundant raw materials, is of good quality, and most importantly, it's cheap—3000 yuan per ton, and you can have as much as you want. Now it's 5% cheaper, which is 2850 yuan per ton. But now you have to pay cash, and you can't take the goods until you settle your previous accounts.

He's panicking right now. He's trying to buy goods from other people, but the prices are much higher, over three thousand, and he wants cash on delivery.

How many tons did he take? A thousand tons, of which there are some that haven't been settled yet. Seven hundred tons. How much is that? Two million one hundred thousand yuan.

Where is he going to get so much money? He invested some in real estate and lost some in the stock market.

The factory is about to shut down, and he can't even get a loan. He doesn't dare to borrow from loan sharks. The bank interest rate is 12%, which is one percent interest. How much is a loan shark? Three percent is considered a favor, five percent is normal, and some are short-term loans of one, two, or three cents, which is the norm.

What could he do? The business had to go on, so he had to take out a loan. He called the employee back and told him to find a way to get the loan. He wouldn't dare do that again.

Some people don't believe this and go to other paper mills, just to avoid settling the debt. There are many such people.