"Yes! In fact, democracy abroad is also a game for the rich! Politics is also controlled by certain political families for a long time, and everyone is fooled by propaganda in some aspects, and how many ordinary people can really see clearly which is true and which is just a temporary flicker of false feelings! But at least on the surface, it still makes you vote, yes or no! It's just that psychologically it makes you more balanced! What father and son presidents, what brother presidents, ** naked don't need to be disguised! I don't care what you choose! Because no matter what, they actually represent the voice of a class!"

Xiao Wanting sighed helplessly. In recent years, Zhao Song Group M country branch has also done a lot of work in the local area, made a lot of donations, although it has not completely changed the company's business environment, at least it can ensure safe and effective operation, and there is still a lot less trouble.

"Actually, I found that the development of our group company in China is still very good! Although there are a lot of troubles, but the special care we enjoy is not! For example, we have received a lot of care in all aspects of taxation, manpower, and land. The price of land is very low, the price of human resources is also very low, and we have given some other preferential policies for foreign-funded enterprises in terms of taxation. It can even be said that the group company has enjoyed some super-national treatment! Seeing the domestic branch led by Guo Yi develop so fast, I am also a little envious and jealous!"

Listening to her words, Zhao Hong was also happy, what she said was the truth, the early success of Zhao Song Group abroad, the completion of valuable original accumulation of funds, and then began to increase investment in China, but also formed a good operation in the entire group system at home and abroad. Since most of the foreign countries are involved in the mature market, with a mature economic structure, the initial volume can also be easily expanded around, once it reaches billions of dollars, or even close to the scale of tens of billions of dollars, no matter how to diversify investment, there is no room for maneuver!

"Isn't it already that you've started to buy shares in certain companies? They should all have a good future to grow, even now, aren't you already a billionaire?

Zhao Hong looked at Xiao Wanting with some ridicule, she was holding his arm, a little girl like a lady.

"What a billionaire woman! The old woman is really a mother of three children! In her thirties! It would be nice not to be disliked one day!"

She gave him a complaining wink when she spoke, but her eyes were full of happiness and satisfaction, and she pinched his arm by the way.

"Oh hey, boy, there are people who can't see the charm of your mature woman? Tell me, what's wrong with the men in this world? Alas, then I'll take you in! Who made me soft-hearted and kind?"

He deliberately showed an aggrieved expression, and a look of asking for praise.

……

The fun of bickering is the most comfortable way for the two of them to communicate emotionally, not only in their hearts, but also in the kind of happiness that is unique to each other!

Because Zhao Hong's condition had been controlled, he walked out of the hospital at noon accompanied by Xiao Wanting, went to a nearby high-end hotel, and had a big meal, and then had a certain "simple and simple" exchange. After being happy, the two of them washed up briefly and continued to communicate with the topic of work just now.

Zhao Hong didn't talk about what to do, because these are all uncertain, and the world hasn't changed much with his arrival, but he still hopes that they can find the answer by themselves from some information, instead of blindly telling them what they should do!

"The expansion of the bubble has finally aroused the alarm of the RB government. From May 1989 to August 1990, the RB Bank raised interest rates five times in a row, raising the rediscount rate from 2.5% to 6%. The Ministry of Finance requires all financial institutions to control the scale of real estate loans. The contractionary policy paid off, with the index plummeting from its peak in December 1989 to 14,300 in mid-1992, a drop of more than 60 percent, and land prices falling by more than half from their peak. At the same time, due to the rapid shrinkage of capital, banks have accelerated the recovery of loans, resulting in a sudden tightening of market liquidity, a sharp deterioration in the financial situation of enterprises, and a large number of non-performing loans. It is estimated that the decline in real estate and stock prices has caused RB to lose about 1,500 trillion yen in wealth, which is equivalent to the total personal financial assets of RB nationwide.

The bursting of the economic bubble has greatly damaged the vitality of the RB economy, and for many years after that, the economic growth rate has not exceeded 5%, and the average growth rate is even lower than 1%, and even during the successive financial crises since then, the RB economy has experienced a relatively large negative growth, and at the same time, B has fallen into the "lost era" from the "top students" in Western countries.

After the collapse of the bubble economy, the RB government launched a series of economic stimulus plans, using more than 100 trillion R yuan to stimulate the economy, but the effect was not obvious, but instead produced a number of zombie enterprises and zombie banks. So far, more than 100 major financial institutions have declared bankruptcy and collapsed. The expansion of fiscal spending has also led to a shift in the fiscal position of the RB from a long-term surplus to a high deficit. In 1991, the balance of RB's public debt rose to 143% of GDP at the end of 2000 from only 68% of GDP. Since the beginning of the 21st century, it has maintained a continuous upward momentum and has become one of the developed countries with the highest debt ratio.

In addition, RB has also launched a long-term ultra-low interest rate and zero interest rate policy. From July 1991 to September 1995, RB Bank gradually lowered the benchmark interest rate to 0.5%, and officially implemented the zero interest rate policy in 1999, but RB has entered the liquidity trap, and the financial stimulus effect is not effective, but it has formed a global arbitrage of R yuan that has lasted for several years, which has become one of the driving factors of the future global financial crisis.

Overall, neither accommodative fiscal nor monetary policy has had the desired effect. This is mainly due to a "balance-sheet recession" in the private sector and rising non-performing loans (NPLs) of banks. The bursting of the bubble economy triggered a sharp drop in asset prices, and the balance sheets of the private sector (firms and households) became insolvent, and the goal of economic behavior shifted from profit maximization to debt minimization, which was reflected in the reduced willingness of the corporate sector to reinvest and weak consumer demand in the household sector. Changes in the behavioural objectives of the private sector have led to a significant decline in demand for credit, the failure of central bank credit stimulus policies, and the stagnation of the credit cycle. As a result, the financial sector can only divert credit funds to purchase government bonds issued by government departments to stimulate the economy, resulting in a sharp increase in fiscal spending and leverage, but it is difficult for the real economy to improve significantly. ”

Xiao Wanting nodded a little understandingly, in fact, she had already understood, this is what may happen in a few years or decades (in fact, it will happen in five or six years, it will come too quickly, exceeding most expectations).

"Doesn't that mean ......?"

Zhao Hong didn't wait for her to finish speaking, she nodded quickly, and her expression didn't have the joy she had before, there are some things that you can understand, and you don't need to say anything more!