"Brother Wang, what kind of work do you do in the School of Economics? Are you Professor Wilson's right-hand man?"

"What's the right man? It's much worse, I'm just an ordinary analyst, and my main job now is to study!"

The other party shook his head and said.

"Brother Wang, it is said that now is the golden age of economic development in the United States, what do you think?"

Liu Lang suddenly asked.

"This little guy is really an out-and-out genius!"

Louis Wang said in his heart.

Wilson specially told him something about Liu Lang before he came out, saying that this kid is one of the smartest geniuses in the world, not to mention that he is only six years old, but he has already written the economic bestseller of the tertiary industry wave, which was officially released in May last year, and nearly 300,000 copies have been published in just ten months.

300,000 copies is not a lot, but you have to see what type it is, if it is a detective like Sherlock Holmes, this achievement can only be regarded as a passing grade, but this is a highly professional economic book, and it is a miracle that 300,000 copies can be published in ten months, you must know that the last economic bestseller "The Third Revolution" In the first year, it became one of the best-selling economic books in history after publishing less than 500,000 copies, and that was achieved with the recommendation of many media outlets, this tertiary industry wave did not have such treatment, but the results were not much worse, and the book's sales will increase at a faster rate as time goes on, and it is likely that it will sell 500,000 copies this year.

This book has also won the attention of many companies and economists in the United States, and even the country's policy research institutions have begun to study this book, and now the critics are still very recognized by the main idea of this book, and they all feel that the future world will be an era dominated by the service industry, but the focus on the Chinese market in the book has caused controversy, some people think it is very reasonable, but there are also many people who think that this is a gold paste on China's face, the purpose is to make the Chinese market have an advantage in trade.

In any case, the book has gradually caused a boom in the service industry era, and many people have asked the author named Liu Lang who is sacred, but Wilson has never answered directly, saying only that the author is a student of his own in China.

And the author of the best-selling book is now sitting next to Louis, and all the small ones need to be equipped with child safety seats, is such a child really the author?

Louis really didn't believe it, but the conversation between the two just now reminded him of an old Chinese saying: People can't look good!

Now when he heard Liu Lang asking about the US economy, he immediately came to his senses and thought for a moment before he spoke.

In fact, the so-called golden age is already a bit of a misnomer, it should be the late fifties and the entire sixties, which was the "golden age" of the American economy. The economy has continued to grow steadily, and inflation and unemployment have been reduced to very low levels.

This can be seen from the stock market, today's U.S. stock market has experienced 30 years of bull market, especially from 2 trillion US dollars in 80 years to nearly 6 trillion US dollars this year, in just five years to win the time has soared three times, especially since 82 years, the stock price trend has continued to rise, the trading volume has also increased rapidly, one day in January this year is a record of 180 million shares per day, it is really amazing. ”

Louis said slowly.

"Oh, doesn't that show that the U.S. economy is still growing?"

Liu Lang asked rhetorically.

"No, by no means so, such a long bull market has not been smooth sailing, such as the collapse of the dollar-centric Bretton Woods system between '73 and '75, which led to higher inflation and high unemployment.

In addition, the arms race between the United States and the Soviet Union at that time greatly weakened the economic strength of the United States, caused the international and even domestic market share to continue to decline, and the foreign trade deficit and budget deficit continued to rise.

Later, with the deregulation of the financial market by the US government and the stimulus of tax cuts on stock investment, huge amounts of international travel capital poured into the US stock market, which promoted the continuous rise of stock prices, so the development rate of the stock market far exceeded the growth rate of the real economy, and the development rate of financial transactions greatly exceeded the development speed of world trade.

The reason why the market value of the stock market has developed so rapidly is because of the high returns of the stock market, and a large amount of international capital and private capital have continuously flowed into the stock market, and these funds have engaged in speculative transactions on the stock market in pursuit of short-term profits, which has caused a false prosperity in the stock market.

Liu Lang nodded slightly when he heard this, although he did not have much research on the American economy in the seventies and eighties in his previous life, but the other party's remarks were faintly consistent with the American stock market crash that came soon, which was enough to show that his conclusion was correct.

"Brother Wang, what you said is indeed reasonable, I believe you have also read my book on the wave of the tertiary industry, I predicted in the book that China's vast market and cheap labor in the next 30 years will be one of the driving forces of the world's economic development, which actually indirectly shows that the economic development of the United States has fallen into a bottleneck, we are compatible!"

Liu Lang said.

And the United States should not only pay attention to domestic economic development, as the leader of the world economy, it should also pay attention to Europe and other regions, and formulate countermeasures against the policies of the Soviet Union, which will cost the United States a lot of money, and the United States itself should also see this, so it will actively make friends with China, of course, I personally think that the United States government has not really recognized China's strong potential!"

At this time, Louis Wang was more like a senior researcher of the world situation.

"Haha, Brother Wan, it seems that you are still supportive of the assertions in my book. ”

"I'm ashamed to say it, I didn't think of this last year, but after reading your book, it suddenly dawned on me, China's strong potential is the source of power I am looking for, of course, this is not to say that China can really become the driving force of the world economic development, it depends on the decision-making of the country's high-level leaders, if it continues to open up, it is very possible. ”

"Expert, this Louis already has the potential to become a well-known economist!"

In just a few conversations, Liu Lang discovered a talent.

This is also very understandable, Harvard University itself is the world's top university, and Harvard Business School and the School of Economics are the two most difficult majors in this university, the Chinese themselves are still subject to a certain degree of discrimination in the United States, and being able to be admitted to the School of Economics under these harsh and unfavorable conditions has already shown his talent and hard work, and he became a staff member of the subordinate economic research institute after graduation, which shows his ability.