Chapter 642: GE's Surprise
For this move of Alice Group, these international financial predators and the bosses of T+ can only acquiesce: who makes Alice Group's current strength on par with them, and even slightly stronger than them in some aspects!
In this financial crisis, which lasted for more than half a year, the Alice Group gained about 12 percent of all the losses in these countries, and the remaining American giants gained the remaining 83 percent, and finally the remaining 5 percent. ΠET IS THE BENEFIT OF THE QUANTUM FUND THAT WAS REWARDED TO SOROS AND OTHER PAWNS WHO RUSHED TO THE FRONT.
Don't underestimate only 12 percent, the amount of this 12 percent income can also frighten people to death, you must know that this is a collection of economic losses from several countries in Southeast Asia, plus Japan, South Korea, and Taiwan, the most developed regions in Asia, this 12 percent, at least more than the total assets of Bill Gates and Buffett combined, you don't have to worry about running out of money to build your own planes, and even if you do some bigger projects in the future, you don't have to worry about running out of money.
A careful review of the Southeast Asian financial crisis, which has had a profound impact on the world economic system and the financial system, has not yet completely subsided: the Southeast Asian financial crisis occurred in mid-1997 and lasted until the Spring Festival this year.
There is no doubt that the Southeast Asian financial crisis has been the focus of global attention for most of the year, and even affected by the Southeast Asian financial crisis, not only the economies of Thailand, Singapore, Malaysia, Indonesia in Southeast Asia and Taiwan, Hong Kong, Japan and South Korea, the two most developed countries in Asia, have been hit hard!
Not only that, affected by the financial crisis that swept across Southeast Asia and parts of East Asia, this crisis also caused a certain amount of financial panic and a great turmoil in the global stock market: Russia's economy, which is struggling to recover, was bitten hard by the hedge fund predators led by Soros and the bosses behind them during the financial defense war in Hong Kong, and now it is even worse, and there is no time to recover; At the same time, the European stock market was not trampled on by the hedge fund predators headed by Soros and the bosses behind them, and even its own home base, the United States, was not spared the fate of being affected by the pond fish.
According to the trajectory of history, the economies of these countries will not recover in at least ten years. Now Zhang Lan has changed this view: because of the addition of her little butterfly, the economies of these countries and regions will not be restored in at least fifteen years!
This unprecedented financial crisis, which caused huge economic losses to Southeast Asian countries and some East Asian countries and regions, first occurred in Thailand on July 2, 1997, and then quickly spread to the Philippines, which had the same economic problems as Thailand, and at August 8, the international hedge fund financial predators headed by Soros took advantage of the situation to sweep through Indonesia, Malaysia, and Singapore, and began to spread to East Asia, and began to affect Hong Kong, South Korea, and Japan, endangering Taiwan.
Even these guys have not even been spared by their own masters even Japan and South Korea, two countries that are the doglegs of the Americans, so what happened to other countries can be imagined.
In this world where capital came, he was dripping with blood and filth from head to toe. Marx's sentence is really not wrong at all: capital has not even let go of its own country, let alone its own minions?
The most direct consequence of the Southeast Asian financial crisis is that the economic systems and economic systems of the affected Southeast Asian countries have been chaotic, and the degree of inflation is staggering. During the financial crisis, a large number of financial institutions in these countries collapsed, the country's hard-earned foreign exchange reserves were lost, the exchange rate was on the verge of collapse, and a few countries even triggered a political and social crisis -- a social crisis that would not be long before it would unfold in Indonesia.
I looked at the relevant economic data of January 6, 1998 in my hands. Compare the exchange rate of the local currency of these countries with the US dollar compared to the period before the financial crisis. The rupiah has depreciated by more than 250 percent. The exchange ratio between the Indonesian rupiah and the US dollar has reached an astonishing 8831:1!
Likewise. Other currencies have not been spared. The Thai baht and the won depreciated by more than 110 percent. The exchange rate with the US dollar fell to 60:1 and 1963:1, respectively. The degree of depreciation of the Malaysian currency, the ringgit and the Philippine peso, is relatively first. The rate of depreciation is also more than 65 percent. 46532:1485473:1 respectively - ahem. The currencies of these countries are also too worthless. It takes tens or even hundreds of thousands to exchange for a dollar.
these
It's all a little more serious than I know in history. Seeing these counts: Zhu Di shook his head and smiled bitterly: the ground storm caused by the flapping of the wings of his little butterfly. Has it affected so much? Just don't know if these countries know if not their own influence. Their losses could be mitigated a little. I don't know if I will scold myself and be bloody?
The consequences of this economic crisis are not limited to these: although the international financial speculators led by Soros and the local bosses behind them have begun to withdraw one after another. But these countries that have been torn and bloodied by Soros and the bosses behind them - think of it. Zhang Lan touched her nose: it seemed to be in the ranks of this biting ground. He is one of them - and he will face an even more serious crisis: through this economic crisis. These countries find themselves vulnerable to the international economic system. So in order not to repeat this mistake in the future. It is imperative to readjust the country's macroeconomic situation. And the economic contraction brought about by the economic adjustment. The economic situation of these countries and regions has been determined for quite some time. It will inevitably be in a stage of low or even negative economic growth. Other words. These countries will have a long time to come.
Don't think about it so much. Zhang Lan shook her head: I was worried about nothing. Isn't the earth still spinning when it leaves itself? These countries are not and are not as unlucky as themselves? It's not so much of a big deal to think about it. It would be more practical to think about how we can accelerate our own development in the future - whether these countries are good or bad. What's the matter with China? ,
It seems that among them, there are still several countries that covet the ownership of marine islands in the South China Sea, and some countries, such as the Philippines and Indonesia, have even taken action to seize many islands in their own countries, and they have not had the slightest favor for these countries.
Compared with Zhang Lan's fruitful earnings, although his own profits are not so large, GE Group is still overjoyed: Alice Group has not stopped preparing for aircraft manufacturing after announcing its entry into the aircraft manufacturing industry last year, and its own civil aircraft and small civil aircraft engine production line projects are also the key projects of Alice Group. As long as this project is won, GE will no longer have to worry about its own profits in the next two to three years.
The surprise did not stop, just two days ago, Welch, the legendary president of the General Electric Group, received a new fax from Miss Alice's personal assistant: Miss Jill, the beautiful Jill, asking for a copy of his company's information on fuel cell research equipment and fuel cell production equipment.
Could it be that Alice Group is moving towards fuel cells? The General Electric Group was a little confused: impossible, right? The difficulty of the fuel cell project is not inferior even to the nuclear power project, and they Alice Group, a company that has never been exposed to fuel cells before, wants to engage in fuel cells, is it a little too whimsical? If they need a fuel cell power generation project, they can buy it directly from themselves, so why bother with it? The company's 11 million kilowatt fuel cell power generation project is in a leading position in the world in terms of technology.
After replying to Jill, Jill's reply to GE Group on behalf of Alice Group was also immediately on the desk of General Electric President Welch: Alice Group will develop the fuel cell project as an important research project for the group.
To be honest, GE didn't take Alice Group's words seriously, and it didn't worry that Alice Group's technology could surpass its own: the fuel cell technology owned by so many countries in the world was basically not passed down from its own company? Japan's new energy industry technology development organization, Fuji Electric Corporation, and Toshiba Corporation's fuel cell technology seems to be very powerful, but in terms of technology, aren't all of them using their own developed technologies? These companies pay themselves a lot of money every year in royalties.
These countries have developed fuel cell technology for so many years, but are they still lagging behind the General Electric Group of Companies, and every year users of the technology of the General Electric Group of Companies pay high patent royalties to the General Electric Group of Companies?
Alice Group's decision to enter the fuel cell project is, in the opinion of General Electric President Welch, just a gift to GE Group: I admit that you are very good at cars and motorcycles, but fuel cells, a technology that stands at the top of the high-tech ranks, cannot be coveted by mechanical success.
(To be continued, if you want to know what will happen next, please log in *m, more chapters, support the author, support genuine reading!) )