Chapter 443: The Qualitative Change of the Crisis (Fifth Update)
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"3 million unemployed?" Xiao Jun looked at the news and smiled slightly.
"In the future, there will be more. ”
At this time, not only the 3 million unemployed people of the United States imperialism, but also the unemployed people of other developed countries in Europe and the United States are also increasing frequently.
Xiao Jun clearly knows that the traditional three pillar industries of the US imperialist economy are real estate, steel, and automobiles.
It stands to reason that at present, there is still a piece of steel in real estate, and Xiao Jun did not touch it. After all, Xiao Jun is not engaged in these two fields on a large scale now. But in the automotive field, now the US imperialist automotive industry is indeed crying by Xiao Jun!
However, a large type of industry does not refer to just one industry, take the steel industry as an example, it is closely related to many fields of industries, such as the downstream enterprises of the steel industry are covering construction, automobiles, machinery manufacturing, energy, containers, household appliances, etc.
Now, the downstream enterprises of the steel industry of the United States imperialism, such as the automobile industry and the energy industry, have been seriously attacked by Xiao Jun, which has also affected the steel industry of the United States imperialism. Although it is not as bleak as the automotive industry, it has been affected.
One and a half of the three traditional industries of the United States imperialism, real estate, steel, and automobile industry, have been strongly targeted by Xiao Jun (well, the steel industry has been affected by half. )
There are countless industrial chains involved in the downstream.
Besides, the traditional three pillars of the economy and industry are the same old way as the US imperialism used to be.
In the past decade or so, the economy of US imperialism has not relied solely on these three pillars of industry.
For example, it also relies on petroleum, heavy industry (machinery manufacturing), aviation, high-tech products (such as computers, mobile phones, software), financial industry (banks, financial derivatives such as stock futures), agriculture (exporters of various crops), etc.
In fact, over the years, petroleum, heavy industry, and high-tech products have far surpassed the traditional three pillar industries of the economy.
Take oil companies as an example, several major oil companies in the United States, heavy industry automobiles, shipbuilding, and other industrial machinery manufacturing. And high-tech gadgets!
High-tech products are a very prominent industry of US imperialism in the past ten years!
Take Apple, Qualcomm, Intel, Microsoft and other companies as examples. They are among the top 500 companies in the world.
Especially Apple and Microsoft, the top five exist!
At the beginning, Apple's market value was estimated at more than $900 billion, almost close to the market valuation of one trillion dollars!
Is there a real estate company, a car company, or a steel company in the United States that has such an appraisal?
Can their annual turnover be comparable to Apple's?
However, among these new pillar industries of US imperialism, petroleum energy, heavy industry (automobiles), and high-tech products (mobile phones, computers, software, and semiconductors) have all been hit hard by the Galaxy Group, which has smashed dozens or hundreds of companies into bankruptcy and laid off employees.
And ah, financial companies!
The financial sector, whether it was the previous gold crisis or the current oil crisis, has caused a big crack in the economy of US imperialism!
This series of chain reactions, the accumulation of this series of crises, coupled with the increasing number of unemployed, have led to the stagnation of the real estate industry of the United States.
For the hair?
The number of unemployed people is also increasing, the economy is sluggish, and a large number of companies are bankrupt.
The pressure on the bank is too great!
You think, many companies go bankrupt, 99% of the companies have loans from banks to do business, and even many companies are operating on loans. But one day the company went bankrupt and the loan could not be repaid.
It will also be dragged into the water together with the cooperative company, everyone will go bankrupt together, and everyone will not be able to repay the loan together!
Don't talk about the company, let's just talk about ordinary people, an ordinary person failed to speculate in stocks, or lost a job, which caused him to repay various loans, and finally caused pressure on the bank?
Every big company and big industry has a bunch of downstream companies, and if this big company has a problem, the small and medium-sized companies that live on its thighs have encountered it.
General Motors.
Once this car company goes bankrupt, it is estimated that there will be dozens or even hundreds of bankruptcies with it!
The production, processing, and even the design of some parts of the car cannot all be done by General Motors, and some parts are outsourced to other small and medium-sized companies.
Therefore, once these small and medium-sized companies have no orders, they have to GG.
The most straightforward, let's talk about GM's 4S store, GM has gone out of business, GM 4S stores all over the world have to go out of business, Nima has no car to sell and what can he do if he doesn't go out of business?
Therefore, the collapse of a large company will implicate dozens of small and medium-sized companies to close down or lay off employees.
If a big industry fails, it will lead to dozens of companies and the entire economy will be sluggish!
That's the ripple effect!
Let's just say that two large companies such as Qualcomm and Intel collapsed at the beginning, and there were not a hundred but dozens of them who went bankrupt together.
This also leads to the reason why in just half a year, the number of unemployed people in the United States has increased sharply to 3 million.
These 3 million unemployed people are involved in many fields, such as semiconductors, mobile phones, computer software, petroleum, automobiles, communications, and so on.
Finally, under the influence and accumulation of many factors, the crisis finally broke out!
U.S. imperialism, a certain building.
A group of bigwigs are in a meeting.
"Now, inflation is getting higher and higher! The semiconductor industry is in a slump and has been completely monopolized by the Galaxy Group. The same is true for the mobile phone and computer industry, and Apple is now difficult to protect itself. Also, we don't have to think about the communication industry, 2 years ago, the Galaxy Group was a monopoly. There is also the current new energy industry, which has a huge impact on our oil industry, automobile industry, and heavy industry machinery industry......"
"We are losing more and more people, and hundreds of companies, large and small, are going bankrupt every day...... Can't stop at all!"
"The pressure on the banks is getting stronger! It's almost at a tipping point. ”
"Stock market turmoil ......"
"If this continues, the economic bumen said that it is estimated that it will trigger an economic crisis at any time!" What do you think?" said a big man in a deep voice.
"What can we do? We have been working hard for two years, but the Galaxy Group is so terrifying that it is almost fighting against our entire US imperialist economy as a company! It's unbelievable!"
"We're watching it suppress us step by step, and now it's driving us to the precipice!"
"Could it be...... Is the global economy going to be reshuffled?" said another bigwig with a panicked expression.
The last economic crisis caused many countries to take off economically, catching up with developed countries like them.
Among them, the biggest beneficiary is Huaxia!
If the economic crisis is triggered again this time, then Huaxia is estimated to surpass them!
Reshuffle the cards!
Some will fall, some will emerge, and some can be saved, depending on which species you are!