551. We will be the savior of Malaysia!
At this time, the two of them spoke in unison: "Chen, your Shatian company can be equipped with more armed helicopters!
In the world, the three of them are now very close allies, and the armed forces of the Shatian Company are naturally as strong as possible, and the world in the future many years from now, the devil knows what it will look like!
Chen Hui smiled: "I also have this intention!"
He is planning to let the Shatian Company purchase 100 new armed helicopters, and the average price of each helicopter is set at about $15 million, with a total order of $1.5 billion, and Chen Hui is also considering which arms dealers to cooperate with! At present, Chen Hui's Shatian Company can be said to have a lot of money! Military spending alone has completely destroyed the military spending of many countries, and at the same time, Chen Hui's Shatian armed group is still lightly armed.
At this time, George said: "Chen, I found a very interesting thing, Malaysia's military spending is about 5 billion US dollars, and the military expenditure alone is more than four times that of it!"
"Oh, George, if you don't say it, I'll forget!" Chen Hui said with a smile: "Malaysia's military spending is not even as good as Singapore's, but the land area is 460 times that of Singapore!
George is well aware that the Malaysian government recently announced Malaysia's 2014 defence budget, totaling 16.1 billion Malaysian dollars (US$5.1 billion), an increase of 6% compared to 2013, but a decrease in spending on earmarked military development. According to the budget document released by the Ministry of Finance (MoF) of Malaysia, RM13.35 billion in the 2014 budget is for management, including recurrent expenditures such as institutional operations and staff salaries, while RM2.74 billion is spent on development costs such as research, development and procurement. Compared to last year, administrative costs increased by 11.5% and development expenditures decreased by 16%. The reduction in development spending has brought the defense development budget to its lowest level since 2010.
Chen Hui said with a smile, "Well, that's true, some time ago, Malaysian Prime Minister 'Napoley' did not mention the decline in development spending in his speech on the defense budget, and they will continue to strengthen national security in territorial waters and borders by strengthening monitoring and upgrading defense equipment, including the purchase of 6 offshore patrol ships, 4 transport aircraft and support equipment, and armored vehicles." Just to say that the procurement of military platforms is underway. ”
When Henry heard this, he immediately said: "Chen, now that Malaysia is in an economic crisis, I estimate that the military expenditure will have to be cut by 20%!
Henry smiled and said, "Hey, Chen, I heard that their offshore patrol ship is used in the second-generation patrol ship - Offshore Combat Ship (SGPV-LCS) project, which was developed by the Boustead Naval Shipyard in Malaysia in cooperation with the French company DCNS, and is expected to start construction in April 2014. Malaysia ordered the A400M transport aircraft in 2005, with delivery scheduled for January 2015. At the same time, the armored vehicle program is likely to take into account the AV8 8×8 wheeled armored combat vehicle jointly developed by the Malaysian company Deftech and the Turkish company FNSS ...
At this point, Henry continued: "I guess they won't be able to pay the money!
Henry's words immediately made George and Chen Hui smile, and no one knew the inside story better than the two of them.
Malaysia's private enterprise pension fund has suffered a huge loss of $28 billion and a debt of $22 billion! Of which $1 billion in bank deposits have been frozen, and there is no pension to pay, and then it is selling assets everywhere.
Malaysia's National Investment Corporation (NIC) has suffered a huge loss of US$20.75 billion, Malaysian banks have jointly frozen its US$1 billion deposits, and NIC is now in debt of US$15.75 billion!
This was followed by a sharp drop in the Malaysian stock market, which led to the blood loss of many middle-class Malaysian white-collar workers who speculated in stocks! Thrifty food and clothing and cutting expenses, resulting in many importers who bought West Asia, the imported goods piled up like a mountain, unable to sell, one after another short of funds, and tried to lay off employees!
The collapse of the Malaysian stock market has caused a sharp drop in the Malaysian bond market, resulting in countless companies having difficulty in financing and starving!
At present, Malaysia's private enterprise pension funds and the Malaysian National Investment Corporation (NIC) owe nearly $36 billion to the banks!!
Malaysia is now in a state of panic, with many people choosing to sell assets, hold cash, and buy US dollars, gold, and silver as a store of value, so Malaysia's currency, the Kering/US dollar exchange rate, has also plummeted.
Because of the severe collapse of assets, many investors began to withdraw from Malaysia, Malaysia's physical funds began to be continuously withdrawn, and the loss of social wealth was serious.
The collapse of the Malaysian exchange rate has made the Malaysian importers even worse, and the 20% collapse of the exchange rate means that a country's imports are damaged! It means that the profits of Malaysian importers are now lost by 20%. In the case of a mountain of goods, there are also heavy losses due to the collapse of the exchange rate. The situation is very critical.
Malaysia's annual GDP in 2013 is only more than 300 billion US dollars, that is, its annual GDP is more than 300 billion US dollars, but Malaysia's private enterprise pension fund and Malaysia's national investment company actually lost 50 billion US dollars, equivalent to 16% of Malaysia's annual GDP!!
Malaysia has a population of 30 million, and its per capita GDP is US$10,000, which means that the average annual income of each person in Malaysia is US$10,000!
Naturally, GDP cannot be flattened into everyone's hands, so you can imagine how bad the situation will be today!!
"Hehe, Henry, when Malaysia's assets plummet to the lowest point after a while, it is the time for us to buy their assets at the price of cabbage!
"Chen, there is absolutely no problem with this!"
George laughed at Henry
For them, the last thing to win Malaysia's money printing machine is the most important thing!
"We will be the savior of Malaysia!"