Chapter 514: Economic Crisis

Although Zhang Shihou is from a meteorological background, he still knows very well what controlled nuclear fusion means.

The Fourth Industrial Revolution!

History has proven more than once how powerful the Industrial Revolution was, and it was a force that no individual or organization could compete with.

Not only the economy, but also all aspects of human society, including politics, military, and culture...... Without exception, they all have to accept the redefinition of the industrial revolution, and if they go with it, they will prosper, and if they go against it, they will perish.

Although the aliens had come out, Zhang Shihou was still a little incredulous when he heard the news: "Lin Han, you're not kidding, are you? A controllable, sustainable, and energy-exporting nuclear fusion device?"

"That's right, the output power of one stellar simulator is 50% higher than that of the entire Three Gorges Hydropower Station, and as long as there are 40 stellarators, we can easily meet the electricity demand of the whole of China. Lin Han said.

"The power output of the stellar simulator is very cheap, and even if it is sold at one percent of the current price level, we can still make a profit. ”

"Moreover, with the popularization of fusion energy, thermal power generation will also withdraw from the historical stage, and the problem of environmental pollution will naturally be greatly alleviated......

It turns out that only scientific and technological progress can truly cure pollution. It is believed that under the impact of fusion energy, all kinds of pollution problems caused by thermal power generation will disappear.

Zhang Shihou seemed to think of something: "I remember, Vientiane has a "new industrial fund" before, and there seem to be many projects related to energy?"

Lin Han nodded.

Because of the existence of the new industrial fund, Vientiane Group has made great strides in the fields of power grids, electric vehicles, coal-fired oil, and plant factories.

Taking electric vehicles as an example, Tesla in the United States has been hammered out by Vientiane and acquired at a low price. Now in the world, Vientiane Industry is the absolute leader in the electric vehicle business.

"You have been prepared for a long time, as soon as nuclear fusion comes out, Vientiane will be able to earn heaven. Zhang Shihou couldn't help but sigh.

In fact, he thought to himself, hundreds of billions of dollars in advance layout, control fusion energy to start a new round of industrial revolution, this is not as simple as "making money".

Zhang Shihou immediately got up: "Let's go, let's go to Zhongnanhai now." ”

……

Three months later, the State Grid Corporation of China (SGCC) announced major reforms, with the company still controlled by the State-owned Assets Supervision and Administration Commission (SASAC), but Vientiane Group would also hold a 49% stake.

At the same time, Vientiane Industry announced that the controllable nuclear fusion technology has matured, and Handong Province and Xiamen City will become the first batch of areas to use fusion energy, and human society will quickly enter a new era of fusion energy.

The Central Committee, the State Council, the Ministry of Environmental Protection, the Energy Administration and other institutions have voiced their support.

Song Shuqing, secretary of Handong Province, and Zhang Shixiang, secretary of Xiamen City, presided over the meeting respectively and delivered speeches on the construction and promotion of local fusion energy......

As soon as the news of nuclear fusion came out, the movement was like a collapse of the sky.

The first to bear the brunt is oil, and the international crude oil price has taken an unprecedented plunge, falling all the way to below $20.

However, the stock prices of all listed oil companies and power companies have collapsed, and they have been plummeting all the way, and they can't hold on to it.

For example, companies with electric vehicles as their main business are soaring like a rainbow.

The three major international rating agencies, "Fitch Ratings", "Standard & Poor's" and "Moody's", have urgently adjusted the sovereign credit ratings of many countries, and the sovereign credit rating of China AMC has been upgraded to AAA, and the sovereign credit rating of the United States has been downgraded by one or two grades.

As for oil countries such as Saudi Arabia, Kuwait, and Russia, the sovereign credit rating has been downgraded by at least three notches.

Oil countries such as Venezuela, which are already in a miserable situation, have fallen to the bottom, and their sovereign credit rating has been directly classified as the most scummy C.

This triggered a chain reaction, the global economy is in turmoil, hundreds of companies are going bankrupt every minute, and an unprecedented and rare reshuffle of the international economic order is imminent.

After another six months, a total of five stellars were built in Handong Province and Xiamen City, three in Handong Province and two in Xiamen City.

With a total area of 180,000 square kilometers, even if the population is relatively dense, the power generation capacity of the five stellarators is still very redundant, and it cannot be used up no matter how much it is used.

As a result, the electricity price in these two regions is more than 70% cheaper than anywhere in the world, attracting the hot attention of many enterprises.

Especially in Xiamen City, a few years ago, the area was expanded by almost 40 times, and it was also set up as a municipality directly under the central government by the state.

For a time, manufacturing companies from all over the world flocked to Handong Province or Xiamen City.

But after all, these two regions are extraordinary, Handong Province is the first economically strong province in China, Vientiane Technology is headquartered, and Xiamen City is adjacent to the Taiwan Special Administrative Region, which plays the role of a link, and ordinary enterprises can't get in.

In the end, most of the people who entered these two places were high-tech industries, such as computers, finance, biology, and so on.

The companies that did not squeeze in were not discouraged and began to flock to other areas of China.

Anyway, the whole country of China must popularize fusion energy, and Handong Province and Xiamen City are the first to eat crabs, and it is impossible for other places to fall.

At the same time that global enterprises flocked to China, the world economic order shook again, directly triggering a full-scale economic crisis.

In fact, in modern times, there have been many economic crises in which there are factors of scientific and technological progress, that is, the so-called "too big a step and pulling eggs".

The same is true this time, Vientiane Group directly came up with the core black technology decades later, and the steps are unprecedented, and it is no wonder that there is no economic crisis.

With the emergence of the economic crisis, the oil countries finally could not hold on, and began to go bankrupt like dominoes, as did the oil companies and power companies.

A series of local wars have taken place in the Middle East and Africa, and terrorism has run rampant and caused turmoil.

Although Huaxia is prepared, and the stellar simulator is in its own hands, it will inevitably pay some price in this big crisis.

For example, PetroChina and Sinopec have suffered serious blood loss and are busy reducing their petroleum fuel business, and thermal power stations in the eastern region have also begun to be dismantled.

The coal boss or something, is also bankrupt in a big wave......

They will definitely be resentful of the new technology of nuclear fusion and the Vientiane Group, and of course there are those who grit their teeth with hatred.

Therefore, since the announcement of the K1 stellarumer, in addition to the praise of scientific and technological progress in the media, there are many negative contents, such as:

"Nuclear Fusion Will Destroy the World"

"XX Scientists Warn: Don't Develop Nuclear Fusion Technology"

"The Ulterior Conspiracy and Ambition of the Vientiane Group"......

One of the most common tricks is to conclude that "fusion energy is more dangerous than nuclear fission energy" by saying that "hydrogen bombs are more powerful than atomic bombs".

Fortunately, thermal power generation and petroleum fuel have been born for more than 100 years, which is not ancient, otherwise it is estimated that the term "loss of tradition" will also pop up.

But the historical process is irreversible after all, the stellar is in the light, the quantum computer is in the dark, all kinds of old orders are torn apart by the Vientiane Group, and even the US economy has been hit hard.

In just over half a year, the balance of power between the two poles has changed dramatically, and China's total economic output has reached about 130 percent of that of the United States.

At the same time, Vientiane Group has also expanded dramatically, and as a company, its economy has surpassed Canada and ranked 10th in the world.

This is not counting more than a dozen large and small countries such as Mexico, Timor-Leste, and Somalia, which are actually controlled by Vientiane, as well as the Herculesian quantum computer hidden in the basement of the Singularity Research Institute.

The explosive growth of China's forces, especially the Vientiane Group, has made the North Atlantic industrial complex NAIC very anxious.

In order to counter the other pole, the organizational structure of the NAIC has become more and more tight, and there has even been a momentum of "Western integration".

At this time, Russia, due to the pressure of the collapse of oil prices, finally broke off with China and completely fell to NAIC.

……