Chapter 577: Monetary Status

Chapter 576 Monetary Status

Hearing this, everyone in the conference room paused directly, and then everyone was silent for a while, and finally President Trump himself asked: "Powell will tell everyone about it." ”

"Everyone should know about the trade between us and China recently, but China can't just trade with us like this, including the European Union, and in the same way, they don't want dollars, and they don't want euros or anything like that for the time being, they only accept barter, or other goods for the time being. Powell said dryly.

"Isn't it familiar?" Powell asked, after looking at everyone again.

Everyone looked at each other, is it very familiar? It is very familiar, after the end of World War II, how the dollar became the world currency, in fact, it was a similar routine, of course, at that time, it was backed by the strong strength of the United States, and secondly, it was linked to important materials such as crude oil, so that the dollar became the world currency.

And now, China is doing almost the same routine, as for the national strength and other issues, this is not a problem, just look at them, now these countries, even the car on the road is difficult, after all, the tire rubber of the car can not withstand the increase of ten times the dead weight, and the structure of the car is also problematic.

Equipment such as shock absorbers are like this, and the strength can't keep up, so they can't be used at all, let alone aircraft.

But what about China? The planes have already gone to the sky, not only in the sky, but even at a speed of Mach 7, and with such a large volume, a fool knows how powerful the other side is hidden.

In such a situation, their threats from the United States are useless at all, although they have also secretly contacted the European Union, after all, the United States and the European Union are still traditional allies, of course, President Trump has forgotten how he opposed the European Union in terms of economy before the great changes in the earth.

"So, we have to do something to change this situation now, if we can't change this situation in a short time, then this matter is a huge disaster for us, if the dollar is not an international currency, our tens of trillions of dollars of foreign debt will destroy the whole United States. Powell said directly.

"It doesn't matter, it's a big deal that we don't admit these debts. A man in the conference room spoke suddenly.

There was silence in the conference room for an instant, and everyone was a little speechless, "The credibility of this country is still wanted." Although President Chuan is used to being shameless, he is also a little speechless in this way.

"I didn't say no, but at our current pace, folks, how long will it take for us to trade freely with other countries to the level we had before the earth's upheaval?" the man paused, then asked.

Everyone looked at each other, but no one spoke, and finally Eve spoke, "At our current pace...... To be honest, it will take at least a year for us to resume production, not to mention trade with other countries, but to restore our country to normalcy, which will take at least two to three years at the current pace. ”

"You see, Miss Eve also said that within three years, we will not be able to contact other countries, so we will not be able to repay these debts for the time being, which is also normal, right? With the economic strength and industrial strength of the United States, even if we are now lagging behind China, it will be impossible for China to grab so many markets in the world at that time, so those countries we owe money must also need materials, and it is a big deal to use materials to cover the bill. The person who had just spoken immediately added.

As soon as his words came out, everyone else thought, "Indeed, this is indeed a solution. "Everyone thought about it, and it wasn't difficult to figure it out.

Because no one is stupid.

"But who will guarantee our interests?" At this time, another person in the conference room spoke, this person was one of the representatives of the consortium. This kind of fusion is a huge blow to such a consortium, and the reason is simple, many of their investments have become a flash in the pan.

High-tech companies like Google, Facebook, etc., now have a? The Internet can't hold up now, what is the use of them?

They don't know what the two Chinese Internet companies are up to when they choose to come in at this time? The question is, do they have a way to fight against it? No! They can't be provoked at this time!

And as for whether it can be messed with in the future...... That's a distant unknown, if you can't shake each other for five or six years, the user's habit is formed, unless the government uses special means, otherwise, their company is useless.

"We can discuss things like this in private, and now that our land area has become so large, there will definitely be a lot of new minerals underneath. Another man spoke.

Although quite a lot of people in this conference room are political families, these political families also have their own industries, and in this regard, the purpose of both of them is the same, but the assets of these political families are not as many as those consortia.

"Since everyone has such an attitude, then we have no opinion. The man nodded.

There are a lot of rich people in the whole United States, but at this time, only these top consortia can keep their assets, as for those middle classes, sorry, whether they can rise again depends on your relationship.

But in reality, the likelihood of a resurgence of the middle class is also very high, and class solidification is much more serious in the United States than in China.

What kind of people have what kind of friends, after such a great change is over, it is still these people who will control most of the resources at the first time.

The top part naturally controls the power of the state, and there are political families in various states and so on, and these people need the support of the people below, which forms a top-down system.

Naturally, the benefits will be distributed, and after so many years of political and commercial activities, how can these people not understand all of this? At this time, they themselves will definitely not be chaotic.

"Is it possible for us to interfere with China in this end?" the topic returned to the topic.

"No way. Powell shook his head very dryly, "China's cards are so good, if it can be defeated, it will not be the China that has reached the point where it is today in just twenty or thirty years, and the leaders of the other side are not stupid." ”

(End of chapter)