Chapter 426: It's a Vicious Circle
Xu Ping'an goes out early every day, listens to the speeches of the heavyweights who participate in the forum, and then comes back at five or six o'clock in the afternoon, then participates in the dinner, and sleeps in the middle of the night, which is very regular.
For four days, every day, more than a dozen people with significant influence spoke, and Xu Ping'an also paid attention to the lectures, learned a lot of experience, and thought about many issues.
On the last day, there were three speakers in the morning, Xu Ping'an, President of the United States, and the Prime Minister of India, which was also the most broadcast of the forum this time, with an estimated number of viewers of more than 3 billion people, and the huge conference hall was full.
The first thing to do is the interaction between the host and the three people, most of them are the president of the United States and the Prime Minister of India talking, Xu Ping'an keeps a smile on his face and doesn't talk much, this is the rule, this link is basically the business people rarely talk, all of them are like this.
At the end of the discussion session, a single person began to speak, first of all, the speech of the President of the United States, everyone was not surprised to meet the conjecture, as has always been, and the speech of the Prime Minister of India is the same, which is not as expected by everyone.
When it was Xu Ping'an's turn, many people came to the spirit, Xu Ping'an's speech was known for being practical, there were no polite words, they were all in the vernacular.
Xu Ping'an came to the podium with a computer, "Thank you to the organizing committee for arranging for me to speak, I have participated in the forum in the past few days, and I have listened carefully to the speeches of all dignitaries and entrepreneurs, which makes me feel a lot."
"In the same way, I have just learned a lot from listening to the speeches of the President of the United States and the Prime Minister of India on the stage."
"However, the speeches in the past few days have mentioned one thing, that is, the world economy continues to be weak, I have a certain different view on this issue, if you don't agree with my opinion, you can leave me a message through the official website of the Apocalypse Group after the meeting, and I will reply one by one" When Xu Ping'an said here, many people came to the spirit.
What does it mean to have a different view on the weakness of the world economy, the highlight is coming, Xu Ping'an's different opinions every time will cause many people to analyze and discuss, and it is definitely a topic that the media likes.
"We are discussing the economy for the sake of common development, and we cannot give or reject all kinds of opinions, and we must make a scientific and comprehensive judgment in order to find out the most suitable development route."
"I think a large part of the reason for the weakness of the world economy is that we have problems with the way we do statistics, which are still basically based on the statistics of the World War II period, which is not applicable to modern society."
"According to my analysis of articles published in the media of various countries, every time a new economic bill is born, it will arouse opposition from a considerable number of people from all walks of life in various countries, especially in the area of per capita income."
"I'll give you a simple example, a country has 10,000 people, and these 10,000 people have created 10 billion profits, on average, it is 1 million wealth per capita."
"There are two statistical methods here"
"First, 50 out of 10,000 people have made 9 billion profits, and the remaining 9,950 people have made 1 billion profits.
"Second, out of 10,000 people, 5,000 people have made 7 billion profits, and the remaining 5,000 people have made 3 billion profits.
"Can anyone tell me whether this average wealth income figure is accurate, and whether I can experience the wealth of the people" Xu Ping'an said this sentence and looked at the people on the field.
Everyone is pondering the question, and it is clear that most of them do not reach the average wealth of one million, either way.
"The next question is very simple, consumption, prices have risen all over the world in recent years, and this price increase is a non-consuming thing for those who have reached the average income, they can afford it"
"But how do those who do not reach the average income consume, what do they consume, consumption costs money, how can they consume without money, why can't the world economy be weak, not weak is the biggest abnormality"
"Countries have introduced economic stimulus plans, lowered loan interest rates, cut taxes, provided start-up funds, provided subsidies, issued large loans into the market, and other means to stimulate economic development, but it has not had much effect"
"There is still a general shortage of money in the economies of various countries, why is this result happening, where are the tens of billions, hundreds of billions, or even trillions of funds invested by the government to stimulate the economy, and why is there still a shortage of money in the market?"
"Consumers have no money in their hands, companies have no money in their hands, where does the money go, and why does it cause a lack of money?"
"Why is this happening, I started to place orders with many national consulting agencies, began to analyze this matter, and came up with this result by combining various data"
"This data source is a comparative chart that combines the reports of the advisory body and economic data issued by governments around the world."
"Please look at the big screen, after watching it, everyone will know where the funds in the market have flowed" Xu Ping'an finished pressing a few times on the computer, and a very contrasting icon appeared on the huge OLED screen on the stage.
Banking, real estate industry, steel industry, building materials industry, transportation industry, food industry, chemical industry, etc., a lot of industries, basically including the main economic industries of countries around the world.
The profit comparison has pierced many people's eyes, and the profits of the banking industry have firmly occupied the first place, and the profits of any other industry have not reached one-fifth of the banking industry.
"You can investigate this profit chart for yourself after the forum, you can compare it with my chart, I believe the error is no more than 10%"
"The money eventually flows into the hands of the banks, who take a part of the profits of all walks of life through long-term loans, short-term loans, derivative financial instruments, and so on."
"The most serious consequence is the lack of money in the market, the very lack of money, low corporate profits, low wages for workers, how to consume, how can the world economy not be weak without consumers"
"If there is no change, the market is still short of money, consumers are still short of money, the state continues to reduce taxes, continue to reduce interest rates, continue to give subsidies, as a result, the market is still short of money, consumers are still short of money"
"It's a vicious circle, and after many cycles, the end result is the collapse of the existing financial and economic systems, the closure of businesses without profits, and the loss of jobs and salaries for workers."
"What is the end result, I believe that the people who are doing it know better than me"
"The world needs a new statistical system, a new statistical system for income strat, and a comprehensive adjustment of industry policies, so that enterprises have money in their hands and consumers have money in their hands."
"With all the money, will the world economy still be weak?" Xu Ping'an looked at everyone and asked.
"Papapa" Some people in the audience began to applaud, and slowly the applause became louder, and the two people on the stage also applauded, and the people who watched Xu Ping'an's speech on the Internet frequently launched barrages.
[This is the truth] [Xu Ping'an dared to say this] [He said what I didn't dare to say]................... Wave after wave.
All the company bosses who bought today's live broadcast laughed one by one, traffic, Xu Ping'an is the embodiment of traffic and the representative of money.
"In today's world economic system, a lot of people think that small profits and quick turnover are a huge lie, I don't think it's a huge lie, this is a stage that the development of an enterprise must go through"
"Of course, this sentence is not suitable for many industries and even enterprises, especially for high-tech enterprises, but small profits and quick turnover for the ordinary manufacturing industry, is a golden rule, is a stage that must be experienced"
"Engaging in high-tech enterprises requires strong financial strength and technical strength, and you don't have the strength in the ordinary manufacturing industry, so you will implement this plan with small profits and quick turnover, so as to accumulate your own strength."
"But in today's society, small profits and quick turnovers are dying, because many factors limit these basic manufacturing industries to make small profits and quick turnover"
"First, the increase in labor costs, the high interest rate on secondly, the increase in patent fees, and fourth, the increase in the cost of raw materials, and so on are all affecting the basic manufacturing industry."
"Some people may ask, what does this you say have to do with the world economy, it is completely out of line with the theme"
"I would say that this topic is very much in line with the world economy, and the cornerstone of the world economy is the basic manufacturing industry, because the number of people employed in the basic manufacturing industry accounts for 40 percent of the total employment in the entire global economy"
"The consumption of these people has been curbed, and the number of consumers in the world has lost 40 percent, and other industries are not happy, and then they have lost another 20 to 30 percent, and with the bottom of the banking industry, it accounts for about 5 percent."
"Let's do the math, how many consumers have been curbed, how can the world economy not be weak, it must be weak" Xu Ping'an's words said here, many people understand what is going on, this analysis is very profound.
"What we need is not to beat the banking industry to death, because without the banking industry, there will be a lack of liquidity, we need to reform the banking industry, especially short-term lending rates and financial derivatives."
"The damage caused by this type of product is too great, in terms of exercising the lending interest rate, about 40% of the net profit of the project is directly siphoned off, and the remaining profits are being distributed, and part of it is siphoned off by the bank through financial derivatives."
"As for how to reform the banking industry, it is a question for the leaders of various countries to consider, and more importantly, it is to strengthen the control of enterprises participating in financial derivatives"
"According to the data, about 30 percent of the enterprises are bankrupt because of the financial derivatives thunderstorm, and if the enterprises go bankrupt, the workers will lose their jobs long ago, and a chain reaction will be formed."
"It's like throwing a pebble on the calm water, and it is passed on to other industries in waves, the difference is that the energy of these fluctuations is very large, and it is very expensive to restore calm," Xu Ping'an said with a serious face.
Xu Ping'an said that the manufacturing industry felt deeply, the enterprise went bankrupt, the spare parts manufacturing had one less customer, and the profit fell sharply, and the impact was really great.
Especially those spare parts manufacturing companies that only target one enterprise, if the company goes bankrupt, the spare parts company will also be hit hard, and those who resist will begin to live a hard life, and those who can't bear it will also go bankrupt together.