Chapter 594 Finance and Economics
Kishimoto's righteous heart is like a mirror, and the days before Argentina's financial crisis ends are long! At present, it is only the beginning, and Argentina has directly degenerated from a moderately developed country to a third-rate country in the world.
The current Argentine financial crisis has become the focus of the world's attention. In fact, looking at Argentina's post-war economic development, Argentina is a country with frequent economic crises, and since the second half of the 20th century, Argentina has had nine major crises.
Of course, Iwasaki Maki got this money from himself, but it was not a waste. It is not difficult to guess that on the one hand, she will continue to consolidate and increase her relevant investment in Argentina.
Actually, this is not difficult to understand. Just like cooking rice, if the rice is uncovered before it is cooked, it becomes an inedible sandwich rice. Only when you add enough firewood can you cook the rice well.
On the other hand, she will copy the Argentine-related industries she has invested in before, so as to achieve the integration of a certain industry or some fields, and finally achieve a monopoly, as well as gain the initiative, the right to speak and greater profit margins.
In any case, Japan is a resource-poor country, and it is necessary to import a large amount of resources from abroad. This objective fact will never change.
Argentina is also rich in minerals and other resources, so it is naturally one of the places to supplement Japan's natural shortcomings.
In addition, the Mitsubishi Group's industry has penetrated into all aspects of Japan and the world. This also includes industry, manufacturing. So, don't worry about having no place to consume.
The reason why Iwasaki Maki asked for $3.5 billion to Kishimoto instead of another figure is that she has already asked her accountant and actuary to calculate the current market price of her hard gold media shares This is the most reasonable offer.
Similarly, Masayoshi Kishimoto has already let his accountants and actuaries calculate the reasonable range of the market price of the hard gold media shares in Iwasaki Maki's hands. Since it is reasonable for the other party to want, then there is no reason for him to lower the price.
"What do you think is the root cause of the outbreak of the Argentine financial crisis?" Iwasaki Maki said as he began to use his chopsticks, eating and chatting.
"Although there are disadvantages to the existence of a chaebol for a country, on the whole, the advantages still outweigh the disadvantages. This is especially true for small countries.
Our East Asian countries are deeply influenced by Confucianism, and the chaebol culture also bears the symbolic characteristics of family culture. As for the purpose, it is to counter the manipulation of the country by powerful foreign capital.
Although the Nordic countries do not have a family-owned chaebol, they do have a sovereign wealth fund that represents the capital of a country, and thus spreads all kinds of investments around the world.
In terms of income, it is the whole people. This is also fully in line with the white left ideology of the Nordic countries, which have a small population and a socialist tendency in distribution, which can be called a model and benchmark in the modern state system.
The Argentine financial crisis did not break out once, twice. From the second half of the last century, if you count the current one, it should add up to exactly ten times.
For so many years, Argentina has not formed a situation in which chaebol capital is strong enough to counter foreign conglomerates. As soon as the wolf came, he would only cry and call his mother for help.
In addition, Argentina's own financial market is too open, and the pace of a free market economy and full competition is too fast.
is obviously at the student level, but to compete with battle-hardened veterans on the same stage is tantamount to hitting a stone with an egg. Argentina has been reduced to a client economy.
The United States, which is one of the developed countries, can harvest you whenever it wants. This is similar to the economic situation of Southeast Asian countries. Kishimoto said slowly.
He paused here and felt his mouth dry, so he picked up the sake glass in front of him, drank the wine in the glass as soon as he tilted his head, and then said: "Chinese mainland has always been criticized by mainstream economists in Western developed countries and even Japan and South Korea for being particularly conservative in the financial market, and a completely free market economy is only in vain.
To be precise, China has a dualistic economic system. Inside the system is a planned economy, outside the system is a market economy, and it is also a market economy with insufficient competition.
The advantage is that it is difficult for foreign capital to enter, and it is difficult to achieve a related manipulation. Even if the remodeled foreign capital infiltrates in, it will be difficult to make great achievements.
Since October 1, 1949, after the establishment of the new central government in Chinese mainland, the national system is socialism, which means that private ownership is only a supplement, not the main body.
Since the founding of the People's Republic of China, the general way to deal with speculative behavior that disrupts the financial market has been to start with economic means, but when this is no longer possible, it has resorted to administrative means, that is, directly dispatching military and police officers to arrest people.
Although it violates the principle of free competition in the market economy, especially in the financial market, it is very effective in ensuring domestic stability and is completely in line with the interests of the majority of the people.
At present, the reason why Chinese mainland has made its financial market less open to foreign capital is that the vast majority of ordinary Chinese people are completely outsiders who do not understand the financial field.
They are often used as leeks by relevant interest groups in their own countries. If you encounter foreign capital like a wolf and a tiger again, wouldn't it be even more miserable?
Developed countries such as Europe and the United States have not recognized the market economy status of Chinese mainland today. The artificially erected walls of Chinese mainland not only block the tigers and wolves outside, but also fatten many pigs inside.
Once the high wall is gone, many vested interests among the latter, don't look at them dancing happily today, tomorrow will show that one will be worse than the other, after all, eating tap food has become a habit, and they have lost the ability to find food to eat.
However, financial products are so tempting to people, and from time to time you can hear the mythical story of a certain night of getting rich from the outside world.
This money for money, there is a missing link in the middle is the product, whether it is a physical object or a service, it is because of the lack of such a link, things become unpredictable. ”
"Then why are you still so optimistic about the prospects of the development of the Chinese mainland market? The country is not very open to foreign investment and is still in a relatively closed market?" Iwasaki Maki said as he extended the topic to the previous gambling agreement between the two.
"The smartest thing about those in power in China is that they know that if they take a big step, they will pull the eggs under their legs, and the way to do this is to try it out. If the situation of the pilot project is good, it will be gradually rolled out and extended to the whole country.
Many of their elites have either studied in Japan and South Korea, or in Europe and the United States. They know not only what the national situation is in their own country, but also what the situation is in the international arena.
For the sake of the country's development and growth, those in power will inevitably carry out in-depth further reform and opening up. It's just that it needs to be done step by step. There is a saying among the Chinese that you can't eat a big fat man in one bite.
Rice is eaten one bite at a time, and the steps need to be taken step by step. I am convinced that Chinese mainland will become more and more open to the outside world, which will also stimulate the upward enthusiasm of the country's grassroots elite. Kishimoto said eloquently.