Chapter 147: Spending Time Like a Year 1

"It's a blessing or a curse, it's a disaster that can't be avoided, and you don't have to be nervous. Stay safe when you go outside. ”

When the North American stock market storm blew, all the members of the Li family, except for a few people who couldn't come back, were called to the big living room of the compound by Li Mengze, so everyone saw that someone had returned to normal appearance! Young children, young daughters-in-law, and several newborn grandchildren attended this important family meeting together. There are a total of twenty-four children, five are in college, two are still in high school, except for a few who are working in other places, the rest are working near Bjing, and the three generations of the Li family have been financially prosperous! Everyone has heard of the economic turmoil in North America, and some people are deeply anxious, seeing his calm expression, some people immediately think of his previous unusual actions! In these turbulent years, the Li family is relatively stable and large, and at the same time, the Li family and their relatives are also among the least affected families in this economic downturn, from adults to children, they all have a strange confidence in the head of their family, and this will be the source of their confidence in the future!

Even if everyone falls in this economic storm, Li Mengze will not fall, even if all companies are bankrupt in the economic crisis, Fairy and Xixing can survive, in a sense, Li Mengze is more than anyone else to see the arrival of this economic crisis, although in fact, he is like everyone else does not want to see the economic crisis ruthlessly ravaging the land of China! The reason why he was nervous and unable to control his emotions was because he had a premonition that the economic crisis was imminent, and at that time one of his large companies had not yet been integrated...... Since the company has been integrated and the preparatory measures have been completed, the kind man really does not want the economic crisis to come! Accustomed to keeping a diary, he wrote: "When I finally finished the preparations, my hunch was so absurd that I couldn't believe it, but I did it anyway. I can't tell anyone about this possible event, which is absurd on the one hand, and selfish on the other. These measures, while not perfect, should minimize possible losses...... Although it may be an opportunity for the Li family, but to be honest, I really don't want this to happen, and I'd rather let future generations laugh at me for being unfounded or whimsical! Therefore, when the economic crisis really happened, some people in the fairy headquarters were ecstatic, and Li Mengze seemed to be a little sad, of course, he was still satisfied with his own handling, after all, these companies grew from his hands and did not fall in his hands!

The real economic crisis began in late July '35, and the actual large-scale impact manifested itself in early August. The economic storm that broke out in late July swept the whole world, from North America to Europe, to all corners of the Asian continent, from the northern hemisphere to the southern hemisphere, all developed countries, almost all developing countries, and almost all countries and nations were caught up in this sudden global catastrophe. As a result of the run storm, by the 26th, the stock prices of all the world's major stock trading centers had fallen by more than 85% on average, and thousands of people had turned into a pile of waste paper after years of hard work. The dollar has plummeted, and the evil consequences of the United States' indiscriminate supply of loans to the world for many years have finally broken out in an all-round way, and in the blink of an eye, the dollar has become the most biting world currency, and the words of cursing the dollar are everywhere, and the people of the world strongly demand that the US government recycle the dollar, but can so many dollars be recovered, it is simply impossible!

Federal Reserve Chairman Schild muttered to himself that in 6 months, he would be able to retire, but this damn stock market made his life's reputation come to naught, the stock market collapsed, the credibility of the dollar was lost, and it will become the most serious regression of the US economy after World War II, especially since entering the 21st century*, the chairman of the Federal Reserve, who understands the laws of the market economy, understands that any move he takes now is tantamount to taking a pencil knife to break down the damaged building of the World Trade Tower, which is useless at all! But as Fed chairman, Schild understands that there must be many people watching him, thousands of people cursing him, and hoping that he can turn the tide, but can he do it? The economic storm has begun to sweep the entire market, aerospace, biotechnology, new materials, electronics, automobiles, energy, real estate, news media, machinery, steel, food, etc. and even agriculture has been affected, the service industry is suffering heavy losses, no one is in the mood to travel, travel agencies are even more desperate, have long been closed; Stagnation of production, stagnation of trade, overstocking of products, currency depreciation, inflation, rising prices of daily necessities...... People are living in agony, and these scenes seem to be right in front of them, as if they are about to happen...... Schild has been working for the Federal Reserve for decades, "old, old", the old man thought bitterly, tears have become a stream, flowing down his cheeks, he can't care to wipe his tears, the strong old man began the hardest work of his life!

No one is less serious than Schild's, and the heads of the economic departments of various countries are looking for solutions, whether for the sake of political future, or professional ethics, or for the sake of a heart that is still beating. However, in the face of the fierce storm of market economy, all economic policies or measures have become weak and powerless, whether they are socialist countries or capitalist countries; Both developed and developing countries face the same problem, that is, a "catastrophic economic crisis", and there is only one solution, to stop the spread of the economic crisis and reduce the actual impact of the economic crisis, but none of the solutions have been assessed as possible, and people have once again shown weakness in the face of the civilization they have created. In front of nature and human civilization, individuals are insignificant, whether the emperor will be rich or rich, or whether he will be a small commoner!

China's economic situation is extremely grim, and after half a century of rapid development, this big socialist country, which has always had an economic crisis, is suddenly confronted with this economic phenomenon that its ideological guides had ruled out, especially with the help of the vast number of Chinese people, and the stock market storm has first intensified. A large amount of money wants to flee from this unpredictable dream market, and the wealth accumulated over the years is unwilling to be cleaned, so a run on the storm more fierce than other countries has occurred! On the 24th, the stock market fell by nearly 50%, and on the 26th, the stock market fell by more than 85%, and in just three days, tens of trillions of yuan were instantly wiped out, and most listed companies fell below the bottom line......

After the storm in China's stock market, the headquarters of the fairy company made an emergency notice to the whole country on the 25th (why was it postponed for three days), the notice was made through the domestic news channel of CCTV, and its content is as follows: the fairy company is very concerned about the stock incident, and is deeply saddened, the company has abundant funds, can maintain the operation of the listed company under any conditions, the fairy is very grateful to the shareholders for their consistent support to the company, and will do everything possible to protect the interests of the shareholders, I don't want shareholders to suffer undue losses due to the run in this incident, and everyone is welcome to continue to hold shares. It is not known how useful such a short statement is, but it is said that the fairy is the only large company to make such a statement; It was doubtful whether the fairy's words could be trusted, but the decline in the shares of the fairy's companies quickly decreased, and it was one of the few stocks that were relatively strong. Perhaps, fairies are synonymous with power in people's subconscious, and they are the representative of magical reality! There are many people who continue to hold the shares of the fairy company, although the stock price has also fallen by more than 50%, but at least the shares of the fairy company have not been sold wildly! By the end of July, although most people have sold their shares of the fairy company, but the stock price of the fairy company has not declined on a large scale again, and even rebounded slightly, becoming a rare unique phenomenon in the stock market, according to fairy statistics, at least 40% of the stocks have not been sold by shareholders, becoming the company with the highest holdings in the economic crisis, of course, including the West Star company!

There are two reasons why the fairy can make such a statement, one is that the fairy company has a large amount of money in reserve, and there is no need for people to run and sell; On the other hand, although Fairy and West Star have five listed companies, the stock issuance is not large, and they can completely repurchase them. Among the five listed companies, some of the newly acquired and merged companies have carried out share repurchases, and there are not many outstanding shares, while the West Star Corporation has only issued shares once (3.5 billion shares), and has never issued them since, although its share price has risen from 10 yuan to 25 yuan, and has risen and fallen in the past few years, but the West Star Company has not taken it seriously, and has been hovering around 14 yuan before the run storm. In this crisis, 1.5 billion of the 3.5 billion shares of Xixing Company were continued to be held by private individuals, at the price of 10 yuan, the company recovered 500 million shares, at the price of 8 yuan, and finally at the price of 7 yuan, the remaining 500 million shares were also recovered, a total of 16.5 billion yuan, in fact, a lot of money. Donglin Real Estate has a total of 4 billion shares in the market (2 billion has been recovered), the price before the run is 10 yuan per share, the company recovered 1 billion when it was 8 yuan, and repurchased 1.2 billion yuan at 6.5 yuan, totaling 15.8 billion yuan, so that by the end of July, Xixing Company had a total of 32.3 billion yuan to acquire a total of about 56% of the shares.

The fairy and the West Star Company are one, the West Star Company carries out share repurchases, of course, the fairies will not let go of this good opportunity, for them, this is a good time to repurchase shares, and it is more in line with their intentions to repurchase them all. The electronics company has not issued additional shares for many years, when the company acquired, and in accordance with the contract (the conditions of the fairy acquisition) repurchased, so the relatively large East Lake Electronics Company is only 3 billion market tradable shares, and before the stock market avalanche, the company's share price was 30 yuan per share, but the decline was also very strong, on the 24th, it fell by more than 30%, and on the 26th, the stock continued to fall on the basis of (the first two days were down), Fairy Electronics repurchased 1 billion shares at 1.74 billion yuan per share, and repurchased 600 million yuan at 16 yuan per share on the 29th, repurchasing all the tradable shares that were sold off in the market. The number of shares of Shenwei company is relatively large, the outstanding shares reached 6 billion (at that time did not dare to ask the other party to repurchase), each share reached 20 yuan, because the new material industry is a high-risk industry, in this stock incident is the most eye-catching, so it also fell the worst, the day fell by nearly 50%, to the 26th fairy capital repurchase, There was only 850 million yuan per share, and the fairy first invested 17 billion yuan to repurchase 2 billion shares, and at 8 yuan per share, she invested another 1.6 billion yuan to continue to repurchase, and then the stock began to rise and reached 8.5 yuan per share. Another company, Huahe, has not many outstanding shares, only 1.5 billion shares, 25 yuan per share before the run, and the fairy first invested 9 billion yuan to repurchase 600 million shares in one fell swoop, and the stock immediately stopped falling and rebounded. In this way, before the arrival of August, Fairy invested a total of 69 billion yuan to repurchase 6.2 billion shares of 105 of the 105 market tradable shares of three listed companies, with a repurchase rate of nearly 60%. Li Mengze was very happy, and only spent 101.3 billion yuan to repurchase a large number of shares, and the acquisition of these stocks usually requires more than 190 billion yuan, but actually made a net profit of 90 billion yuan, which made several high-level parties also happy, and they did not resent this stock turmoil at all!

But not all companies are like fairies, fairies and Xixing have a large amount of capital reserves, "there is no use for more money", and they do not have the pressure of bank debt, Xixing company's total of 121 billion yuan of funds, there are 89 billion yuan of net profit at your disposal, there is no other debt; And the fairy's several major companies boil down to the fairy headquarters, there are a total of 890 billion yuan of book funds, in addition to the debt of * yuan, there are 220 billion yuan of net available funds, of course, they still have about 40 billion yuan is estimated to be "difficult to recover". As for the other companies that the fairy invests in, "it's a big deal, don't sell it", this is someone's statement, and the fairy does want to get rid of some companies, although the steel and textile companies invested in have accumulated a lot of money over the years, and most of them have the ability to deal with risks!

However, many companies, especially listed companies, are not as lucky as fairies, the money they raise from the stock market is used for development, themselves from bank loans, but also to invest in other money-making industries, although this is indeed a good way for company development, especially to make money, the capital is not large, but the profits are very high. Someone has calculated that the fairy invested 1000 yuan and earned 120 yuan, and other companies invested 1000 yuan and could earn 80 yuan, which seems to be the fairy earning more, but on the other hand, the fairy invested 1000 yuan from its own finances and earned back 120 yuan, with a yield of only 12%, while other companies themselves paid up to 500 yuan, and its yield reached at least 16%. Therefore, many experts are not optimistic about the fairy company, and if this continues, the fairy will eventually be overtaken by other companies, unless they make larger-scale investments, unless they take the development path of other companies, of course, "not now", some economists still swear. For many companies, now is really like a year, someone has done statistics, there are hundreds of large companies in China CEOs in just a few days old, and hundreds of well-known successful people in the society can not bear the "cramps and bones" of the bitter hatred, gloomily embarked on the road of no return, leaving endless sorrow for their wives and children and debts that the company can't pay off!

From the end of July to the beginning of August, the stock market storm spread to all areas of society, and a catastrophic economic crisis broke out around the world, sweeping almost the entire world, even including the deserted islands far away from the crowds, production came to a standstill, and a large backlog of products was ...... A large number of goods are backlogged at the port terminals, trade has come to a standstill, the service industry has withered, prices, especially the prices of daily necessities, have begun to rise, and inflation has ...... Famine seems to be not far off! Most companies have begun to carry out large-scale layoffs, people's hearts have fluctuated, different degrees of friction have begun to appear between countries, urban parades have begun to appear, social accumulated contradictions have begun to erupt outward, and the military industrial departments of some countries have changed to varying degrees, and the profits of military industrial enterprises have risen...... At this point, Li Mengze can clearly feel that the order volume of Donglin electronic products has increased, and the South American market has shown signs of rising. In order to prevent Donglin Electronics from falling into "his hands", Li Mengze had to try his best to meet the requirements of all parties, and a large number of activity funds were urgently invested; And the European company Eurasia Electronics also seems to be showing signs of improvement.

But these are isolated phenomena, and what is even more striking is the widespread economic stagnation, where production has stopped, factories have not been able to open, transportation has stalled, business activities have stopped, products cannot be sold, and there is a backlog...... Many companies are living in a difficult situation with bank debts and wages that cannot be paid...... By September, the news of the first batch of large-scale layoffs of workers had spread, one company started, other companies followed one after another, no one knows when this crisis will end, but everyone understands that it can not be eliminated overnight, plus the time required for production to resume, layoffs are inevitable, as for the reduction of wages in the workers is a "benevolent" approach! Domestic prices have risen by at least 10 percentage points, and even more in the international market, such as the United States, which has risen by 30 percent, Japan is said to have reached 33 percent, and individual EU member states are also above 20 percent. The currency began to depreciate, the international gold price began to rise, gold once again became an insured, after more than 20 years of slow decline, rose by 20% in one fell swoop, no way, people have always felt that gold in troubled times is more secure than *!

By the beginning of 36, hundreds of small banks in the United States had collapsed or been merged, and other countries were similar, while in China at the end of 35, 44 private banks declared bankruptcy, and 74 small banks could not operate, the money released could not be recovered, and the money deposited by customers could not be withdrawn. For decades, people have become accustomed to small banks and international banks with various preferential policies, but in this time of crisis, people suddenly found that the state's banks were relatively safe, and the four major state-owned banks were re-taken seriously...... All aspects of society have come to a standstill, some private schools have stopped classes, although "no matter how poor you are, you can't be poor in education", but everyone has nothing to eat, and even their lives are about to become a problem. But most of the schools are still in session, and most of them are still in class during the difficult period of the anti-Japanese war, so we can't delay a generation because of temporary difficulties!