Chapter 48: Lost Confidence
On July 2, Thailand announced that it was abandoning its fixed exchange rate, and the baht fell 17% on the same day, and in the following two weeks, instead of stabilizing, it fell all the way.
Smecta, who was thousands of miles away, didn't care at all. In their opinion, others are too stupid, and it is strange that they are not dead to speculate on real estate.
The housing bubble burst, and Smecta didn't think they would. In order to prevent property speculation, they do have a lot of policies in place.
Well, it's actually worse if you don't speculate on real estate. Studies have shown that Smecta is very fond of gambling and is easily addicted to two times more than Ben.
You know, it was said that it was a country of pachinko for all people. From this point of view, they are a country with a huge gambling addiction. It's twice as high as the book, and that's how much death it takes.
Gold jewelry, good-looking LV bags, designer hairpin perfumes and cosmetics. They buy everything they like.
Thousands of miles away, they didn't hurry. The subtle changes around themselves, they don't care. Karaoke, high-end barbecue restaurants, basically need to be booked, otherwise, you simply don't have a place.
Until July 15, Smecta Kia, the seventh largest chaebol, announced bankruptcy protection.
, what's going on? Does Thailand have anything to do with us?
We don't speculate in real estate, and the whole world loves our products. In a few years, we will be able to surpass the capital.
The so-called self-confidence of the fan is basically like this.
With the continuous depreciation of the yen, the competitiveness of Smecta's products is also declining. When the price is about the same, do you buy Suomi or four stars?
As for the car, Hyundai is still so-so, entering the market earlier, and the US imperialists do not understand the difference between Honda and Hyundai.
As for Kia?
That's what it is.
The collapse of the seventh largest chaebol is a great deal in any country. When I got to Smecta, ahem, it seems that the situation has become different.
"Honey, Smecta is going to be fine, right?"
"Alas, Fuzhen, how can it be okay, this time it's a big trouble, but you don't have to worry about your father.
In addition to building a car, which is a bit stupid, he is a good entrepreneur. Of course, if he lets you succeed you, it will be even better. ”
"Phew, I'm as good as you say. Giggles, you must have a headache right now, right?"
William White smiled bitterly, what else could he say, White Farm does not use bone meal as feed, and of course there will be no mad cow disease.
However, as long as the packaging is printed with the mark of the United States, it will be resisted. Not only that, but the farmers of Smecta once again drove their cows into the streets.
What I didn't say, the beef of the US imperialism has mad beef, and they are resolutely forbidden to enter Smecta.
There's really nothing William White can say about that. The situation is really serious, after all, most farms use mixed feed. In this one, there are not only genetically modified crops, but also additives made from animal offal.
This is universal and simply cannot be argued. Of course, for the current one-size-fits-all approach, unhappiness is also a must.
Why?
I'm ecologically farmed here, you guys did it on purpose, right?
Bastard, the origin of mad cow disease is in the British Isles, does it have anything to do with me?
Relatively speaking, the small land area will require centralized pig breeding. In the industrial production of beef, it is inevitable that something will go wrong.
What, the country is also very serious.
There is really no way to refute this allegation. No matter how strong the power of capital is, these cattle are running around endlessly, it is better to lock them up and grow meat.
As for White Farm?
It was a tourist attraction and had no reference value. Whoever repairs the farm so well is simply crazy.
"Mad cow disease is indeed terrible, Fuzhen, don't be careless. Beef and milk, delivered every week.
There's no cure for this thing, it's all damn John Bull, why did you drive the cow crazy?"
"Giggles, this pot, they don't dare to carry it, I heard, as for the loss of tens of billions of pounds, this is really terrible. ”
"Tens of billions? Not to mention, if there are endless new things, hundreds of billions are not impossible. By the way, I don't understand one thing, is it true that you are not worried about the financial crisis in China?
You know, Kia is no longer good. ”
"Well, it seems that the news is not being followed anymore, maybe, maybe there won't be much of a deal, right?"
William White fainted, not much of a deal?
Are you kidding, the Lion City will be affected, Smecta should save some effort. They are a real industry, and chemical semiconductors are the most advanced level in the world.
Of course, there are some things that William White is inconvenient to say. Besides, his mind wasn't on Smecta either. It is said that men use their lower bodies to think about problems, and there is some truth to this. I just talked about work, but I didn't talk a few words, but I actually started to crook the building.
Closing his eyes, the image of Smecta slowly overlapped with the Gallic rooster.
"They bypassed the Maginot Line and we were finished. "The boss of the Gallic rooster cried.
"It's okay, we still have a chance, what about your reserves, are they in Paris?" Although the situation was very tense, Roosevelt could only comfort his good friend.
"What? reserves, what the hell is that?
it, Roosevelt also cried, Nima, more than a division of Armageddon, you told me there are no reserves?
This is a meow, and it's a woolen yarn!
When Smecta asked the US imperialists for help, it was almost this scene. Nima, the American emperor was startled, and was still watching the excitement. This one was careless, and one of his calves was broken.
Thailand can not be saved, anyway, it is good for them to grow food, and the black buddies are suffering from hunger. If it really doesn't work, I'll send it to Africa.
If Smecta fails, it will be in big trouble. Don't look at the fact that this peninsula has no output, the geographical location is extraordinary.
easily crossed the middle-income trap, Smecta in 95, the per capita income was more than 10,000 US dollars. In 96, they have already entered the sequence of developed countries.
Therefore, it is easy to understand that self-confidence is lost. Emerging market countries, when entering developed countries, usually encounter legendary traps.
The middle-income trap, however, did not have it, and not only did they succeed in surpassing it, but they also continued to climb the ranking. Now that the book is no longer good, Smecta began to expand, and they thought that they had a chance to replace the book.
It's not a production base, as if no one knows the same. Soon, Smecta's car production successfully exceeded 5 million units per year.
You know, the demand in their own country is only 500,000 units. Eighty yen is exchanged for one dollar, then, Smecta still has a chance. When the yen becomes 150, ahem, your Hyundai is more expensive than the Honda.
What, Smecta quickly climbed out of the quagmire and was almost the first country in Asia to get out of the financial crisis.
Ahem, I think too much, 97 years ago, what was the standard of living for ordinary Smecta. What is the standard of living in 07 is completely different things.
Smecta made a movie of his own, called The Day the Nation Went Bankrupt, and it was about that period of history.
Let's put it this way, the interests of the consortium have been preserved as much as possible. Small and medium-sized enterprises are basically wiped out, and as for the so-called elite, it depends on luck, and it is difficult to say whether it is good or bad.
Ordinary salted fish, lost dreams forever. Well, the peasants' little life is not bad, and in this respect, they are about the same as they are.