Chapter 180: Facing the Endgame

These countries have been called "forgotten countries", and during the entire economic crisis, the people of these countries have suffered the most, most of the international charities, large and small, have ceased their activities, and the policy of "domestic before international" has also made "the sun shine" on these poor people, although there are also rich people who continue to live a life of spending and drinking. Of course, these countries will occasionally receive some international aid, for example, the government of country Z has loaned more than 30 billion yuan to foreign countries without interest in a few years, Japan has also reached more than 20 billion yuan, and the European Union has reached more than 60 billion yuan...... But this kind of donation doesn't work even in ordinary times, let alone this kind of time when everyone is frowning!

Although some regions have been stirred up by these countries, and some people have even tried to use this to awaken the attention of the whole world, no matter how chaotic and poor these countries are, it will not affect the overall situation of the world, and even if a war breaks out in these countries, it will not affect the overall environment of the world. However, the reality is that taking advantage of the sluggish military industry, many arms companies have changed their methods to make profits from these countries. Therefore, this makes these wars strictly limited and not taken seriously by the big guys!

By the end of 39 years, the world's major markets have recovered significantly, except for India, the other recovery rates are above 60%, of which the three major markets are above 75%, and the Chinese market has reached a recovery rate of 85%, ranking first in the world's major markets. The shadow of the economic crisis is gradually dissipating, that is, most countries have been freed from the shackles of the crisis; It is a great joy for all countries to be able to get out of the crisis, because politicians are reminded of the economic crisis and the ensuing world war a hundred years ago, "it was terrible", and now people can avoid the double blow of economic crisis and war, which is the greatest luck. Politicians talk about gains, not only to get out of the economic crisis and avoid war, of course, avoiding the imminent war is also something they often talk about, and now they are thinking about what they or their country has gained from the economic crisis!

North Americans, especially Americans, or politicians in the United States, can say to their citizens, "It's okay, we are still the world's number one power"; Indeed, although the economic crisis has brought serious losses to the United States and is closely approached by world opponents, it has maintained the strength of the world leader! The United States of America remains economically and militarily stronger than any other country and remains an undeniable superpower. Of course, politicians say this to outsiders, while commentators may say something different, in a word, "the center of gravity of the world has shifted away from North America and to the two ends of Eurasia"! This is also based on the fact that although the United States retains the first position, it has been severely weakened, and economically it has been pulled farther away by the European Union and closer to China; Militarily, the lead is no longer very obvious, and the ability to deal with world problems is no longer so arrogant, which makes people obviously feel a little powerless!

This can be evidenced by several aspects, one is that the world dollar has depreciated sharply, the global dollar system has collapsed in the economic crisis, people have abandoned the dollar in favor of the strong euro and the steadily rising yuan, and even American companies have abandoned their own currencies and held a large number of these two alternative currencies. According to statistics, as of December 35, among the non-domestic capital deposits, the funds stored in the form of euros and directly deposited in several large banks in Europe accounted for 54% of the world's funds, 38% in the form of RMB, and most of the rest were stored in the form of yen. Even for all the world's deposited funds, the euro accounts for 49%, the yuan for 31%, and the yen outweighs the dollar by 15%. Until the end of '39, the dollar's downturn had not been completely reversed, and after a depreciation of about 40%, it gradually stabilized and the situation did not continue to deteriorate. The economic crisis and the collapse of the dollar have strengthened the already marketable euro and the already rising renminbi, which together account for 80% of the world's capital reserves, so to speak, and people of all countries have deposited their funds directly or indirectly into these two monetary systems. It was not until the economic crisis was completely alleviated that the US dollar gradually straightened its back, but it could only maintain a position similar to that of the renminbi, falling behind the euro, forming a situation in which the world's three major currencies coexisted. The "collapse" of the U.S. world monetary system in the midst of the economic crisis is considered by experts to be an important aspect of the United States' loss of strength.

On the other hand, the military strength of the United States is clearly inadequate, especially during the economic crisis. In the early stage of the economic crisis, the U.S. government and the military were "slow to react", which was slow to react and not tight, and Russia single-handedly directed the "Ukrainian split", which made the European Union and the Republic of Ukraine very dissatisfied, but the U.S. government and military were powerless, and in the face of the fait accompli, they were "silent", and the serious economic crisis and the resulting weakness caused by it greatly damaged the international image of the United States, and this is not the most serious event, after all, Russia has always been an international power that can compete with the United States, Moreover, Ukraine is just a means used by the United States to contain Russia, and the two countries have no alliance in the legal sense. But in the face of the imminent situation in the Far East, helpless, can not support the allies, and can not force China to "give up the attempt", let alone let the two governments sit down to negotiate, if it is not for the good offices of the European Union, India and Russia and other major powers, the Far East will be in flames, and she will either completely abandon the Far East, "helpless", or forced to reluctantly participate, no matter what the result, it shows that she has been unable to restrain her ally Japan and unable to balance her Far Eastern rival China, in a fundamental sense, has already been excluded from the political process in the Far East. This is the most serious weakening of the United States since the beginning of the 21st century, and it can also be felt in the agreement signed between China and Japan, which has put it aside to "settle their problems privately" and "unilaterally" express each other's views on the South China Sea.

The Europeans can be said to have gotten what they wanted, and expanded their influence in the world, the relatively light loss of the economic crisis and the mainstream position of the euro in the world, making it once again one of the important centers in the world, whether it is China, Japan, or even the United States, they attach great importance to the European market, and want to enter and expand their share of this market in every possible way. Europeans believe that the European market is the most attractive market in the economic crisis, it is more attractive than the Chinese market, more attractive than the North American market, and it is the center of gravity of the world beyond reproach! It's just that what makes them a little unhappy is that the neighbor old Russia deceived people too much, took advantage of the fire to rob and split Ukraine, and gathered heavy troops in the border areas of Eastern Europe, with an aggressive meaning, forcing them to "ask" the Republic of Ukraine to sign an entente and formally establish diplomatic relations with the new Russian Federation! But in any case, an important force in world politics is strongly displayed in front of the people.

Compared with other countries, the top three in the Far East can be said to have their own gains and losses. For Japan, first of all, it did not collapse in the economic crisis, retained the vitality of the country, and made some gains in the markets of other parts of the world, and even more in the Chinese market, which is a matter of life and death, although the market share is not satisfactory, but even in ordinary times, it is impossible to occupy 20% of the Chinese market. This is what Japan values the most, because they "paid a heavy price", and the biggest loss for her lies in the "indifference" of her allies, who "did not play the slightest role" when they were in urgent need of support, which seriously hurt the feelings of the Japanese and had a very far-reaching impact on the future situation in the entire Far East. For decades, they have despised their already powerful neighbors in Asia and even the Far East, refused to recognize the objective environment they are facing, and tried to expand Japan's living space with the help of the United States and other countries, especially the rise of China, but ...... Japan reluctantly recognized China's main rights and interests in the East China Sea, gave up its "vast majority of rights and interests" to the continental shelf in the East China Sea, and recognized China's sovereignty claims in the South China Sea in terms of the agreement, fundamentally recognized China's status as the leader of East Asia, and psychologically recognized the gap with China, and in fact caused China's rapid development and made itself dependent on the Chinese market to a large extent. However, Japan did not admit defeat, for her, the situation is far from the point where she bows down to the point of subordination, and will not easily give up her claims, although it cannot engage in face-to-face confrontation with China (mainly for economic reasons, a large amount of money is backlogged on Chinese consumers), but has chosen a more insidious and more effective confrontation policy, who will die, and the ownership of the leading power in the Far East is still known.

The ROK and the DPRK are also countries with very serious actual losses, they are not comparable to Japan and cannot overpower China, they are losing ground in the competition of China's big market, the domestic market is not recovering, and they fall behind the two strong neighbors in all aspects, and they have established their position as the last in the Far East, although in fact their losses are not as profound as Japan's. The ROK and DPRK governments are well aware that they will not be able to catch up with Japan in many aspects, and that they will not be able to achieve an advantageous position over their Chinese counterparts in China, but they have not thought of being calculated by two evil neighbors combined. Since then, the DPRK has firmly established itself as a neutral country, acting as a mediator, playing her role in the Far East and the world.

The opponent's loss is its own gain, which is a common rule politically and even economically, and the government of country Z has achieved a great regional advantage. First of all, forcing the Japanese government to recognize China's rights in the East China Sea, forcing the other side to abandon its ambitions in the East China Sea in the form of a contract, and in exchange for its support for its own claims in the South China Sea, although some are playing with fire, but "completely eliminating Japan's threat of non-frontal conflict", is considered to be one of the main gains of the government of country Z. Second, the rapid recovery of the domestic market has regained its strong vitality, which has made the market that had suffered more losses than Europe and the United States have been restored to a higher degree, and has re-become the darling of the world market, attracting the attention of investors from all over the world. Third, China has established the image and status of a world power to a certain extent, and the renminbi has become the first currency in use, becoming a world currency "on a par" with the euro, and a large number of deposits around the world have revitalized China's enterprises and revitalized the huge domestic market...... Fourth, although it took some risks, it successfully maintained the peace and stability of the surrounding situation during the economic crisis, avoided the outbreak of war, and successfully maintained the large domestic market due to the real maturity of domestic enterprises, so that the government was not seriously damaged in the confrontation with strong opponents, and promoted many large companies to become more mature and enhance their ability to compete in the world!

For India, another big country, its biggest gain, and the main gain, is to "come back to life" and successfully create a "world economic miracle". No words can overstate the tremendous achievements of the Indian government and people, and the mere "playing" of large international companies and "humiliating" economists all over the world is enough to make the Indian government and people get carried away with joy! The World Review unanimously agreed that when it comes to harvest, among the governments and people of the world, India has "gained the most"!

The working people who have been directly harmed by the economic crisis are also the working people who suffer the most, but the most helpless are the CEOs of the companies, large and small, who only want to make money, expand profits, and expand the scale of the company, although the economic crisis is actually caused by some of their activities. The most severely damaged in the economic crisis are small companies, which have a weak foundation, poor foundation, relatively lack of funds, cannot collect arrears, are riddled with debts, and countless small companies cannot sustain themselves, and bankruptcy is almost inevitable. Many small business owners have lost all their belongings, because most of these companies are started with private savings, and most of them use private property as collateral to borrow money from banks to make up for their own lack of funds, among which houses are the most common mortgage method. Because real estate has been heating up, homes are worth a lot of money, and banks are willing to mortgage real estate, this is how many people lose their homes. Slightly larger companies also lost a lot of money, because they have certain assets, they can take the company as the main body, and find a suitable guarantor to lend funds from the bank, although the economic crisis did not make them lose their real estate, but also ruined many people's years of operation, which is the most painful thing. These companies already have a certain scale, it can be said that they have grown up since childhood, and their feelings are very deep, and they have placed strong hopes on them, which is the basis for them to further expand the industry, and many of them have also formulated five-year plans and ten-year goals. However, the sudden crisis caused them to fall into hell from the time they were about to ascend to heaven, their savings for many years were destroyed, the hope of their relatives and families no longer existed, and "suicide" was the choice of a considerable number of them. In the midst of the economic crisis, most of the people who committed suicide in various ways were people of their kind.

Big companies are also having a hard time, almost every company has arrears that cannot be recovered, and there are various debts that need to be repaid. These debts belong to banks and other companies, but they have to pay whoever they are; And those who owe large companies, there are also small companies, the arrears of large companies are easier to say, as long as the other party does not go bankrupt first, it should be able to get back a part of it, but the money of small companies is difficult to say, I called in the morning, and someone answered, and sent someone to withdraw money in the afternoon, but found that the building was empty, the company was gone, and complained to the court in anger, but learned that the other party had applied for bankruptcy protection (many small companies did not apply for national tax protection at all)! Therefore, the life of large companies is still not easy, and many large companies are dragged down in this way. Usually the stock market is where they accumulate funds for the development of the company, but now it is a mortal threat, the stock market collapses, a large number of shares held by private individuals or groups are sold quickly, and they have to pay a lot of money to buy back; To say that the price at this time is the best period for repurchase, for example, the fairy is very happy to repurchase, but this is only an individual phenomenon, not every company has a large amount of reserve funds, many companies because of the wrong time, directly in the stock repurchase bankruptcy, even the first pass can not survive, death is very worthless!

Larger than the size of the group or international company, the life is also difficult, the group company rarely has the phenomenon that each system company does not lose money, even the fairy can not avoid, not to mention other groups, even if the loss of a certain industry is not serious, it will be dragged down by other subsidiaries. Cross-industry operation is a prominent feature of group companies and international companies, and the super losses of multiple industries, especially some industries, are the fatal factor of their failure. Generally speaking, there are relatively few bankruptcies of group companies and large international companies, but it is a very common phenomenon for these companies to divest assets, either mortgaged to banks, or acquired by other companies, in the name of "asset restructuring", in short, it is to reduce losses and improve the overall viability of the company through slimming, but no matter which way to raise funds, it is very heart-wrenching. Of course, most of the companies that survived, as long as they did not suffer seriously in the subsequent market competition, survived the economic crisis and continued to expand production, reducing their losses by one point and increasing their operating capacity by a few points for every point the market recovered.

The company's difficulty in recovering arrears has plagued most enterprises, becoming a serious problem, and even evolving into a serious social problem. The eyes of the market are bright, and there is a supply where there is demand, and a large number of debt collection companies have emerged to collect loans on behalf of others, and it is said that the business of some companies is also quite considerable. But sometimes even the debt collection company can't do anything, the company really has no money in the account, and even its own company can't be saved, and it doesn't care about any reputation or the like, anyway, there can't be any business recently, just drag it out and don't give it, what can you do, see you in court. It is said that many debt collection agencies are also unable to operate, and have to launch the market in disgrace, and many of them exit in a hurry.

Under someone's plan, the fairy company "successfully avoided" the initial blow of the economic crisis, and in the crisis dramatically expanded the overall size of the company, taking the opportunity to enter some new market areas, and the industry around the world agreed that the fairy is "the most legendary company", "the richest company", "the most profitable company", "the most gambling company" and "the most successful company...... Because before the economic crisis, her industrial assets of various departments were about 4.3 trillion yuan, ranking 16th among the world's major consortia, and after a round of devaluation, it "soared" to the seventh place in the world's consortia with 3.1 trillion yuan, ranking among the top ten. The legend of the fairy lies in the fact that she successfully avoided the economic crisis, and its subsidiaries not only suffered "slight losses", but also accumulated a large amount of activity funds in the headquarters, with a net capital of more than 2.7 trillion yuan, almost the same as her asset scale! Although the subsidiaries have also suffered a lot of losses, everyone agrees that the loss of 13% of the electronics industry can be "ignored" compared to 50% or 60%; A 30% loss of new materials can also be considered as no loss compared to 70% or 75%...... Everyone not only envies the fairy's slight loss, but also envies her "almost non-existent arrears" and extremely low debts, because in people's eyes, only 40 billion yuan of arrears is almost "non-existent" for the two major industry giants of more than 3 trillion yuan, and the average branch is only more than 20 billion yuan; Debts, don't mention it at all, you have to get all the arrears back in advance, and you don't need to worry about this debt!

For a company, as long as the book funds are abundant, no matter how high the debt is, the world's major group companies do not have hundreds of billions of yuan in arrears and hundreds of billions of yuan in debt, some even as high as trillions, but there is no such "unbalanced" as a fairy, so people are very surprised by the fairy, thinking that she is a legend. People can only use the word "legend" to express their knowledge and opinion of fairies! Not to mention a company, even any government with so much reserve funds, it is a very big thing, for most countries, how many big projects and big projects can they achieve in a crisis, how many jobs can be created, how many people can be saved from the threat of hunger...... It is not an exaggeration to use the phrase "rich and rival the country" to describe fairies!

The fairy company itself was slightly damaged, and because of her money, she became a company that went against the current in the crisis, and other companies are doing everything possible to slim down and enhance their ability to resist risks, while she is rapidly expanding the depth and breadth of the industry. From the seven major industries before the crisis, it has expanded to 12 major industries in one fell swoop, and has become a consortium of large companies focusing on electronics, new materials, and biotechnology, supplemented by finance, food, transportation, basic parts, steel, and textiles, and focusing on energy, automobiles, and aviation manufacturing. She fiddled with them all over! Whether it is the original boss or the second, they have all "dealed" with the fairy, and a total of 13 companies have been intercepted by the fairy. The assets of these branches acquired by the fairy before the crisis were as high as 4.5 trillion yuan, and the average assets stripped away by the eight giants amounted to 560 billion yuan, even after the crisis there were 1.18 trillion yuan, and the amount of acquisition payment alone reached 930 billion yuan.

There is also a reason why the fairy is a gambler. Such a large scale of acquisitions, especially the incredible Indian investment (where most of the giants' assets were acquired) is considered to be a very gambler's investment. Maybe the major giants will take the fairy as the enemy, and will join forces to deal with her in the future market competition, but they have to admit that they once threw the "hot potato" in their hands to the fairy company, whether they want to admit it or not (most companies have not denied their approach), they are all eager to withdraw from some markets and sell their assets, in fact, there is no direct relationship with the fairy, and it is not an exaggeration to say that they should be grateful to the fairy. Of course, there is no true friendship in this world, only the eternal pursuit of interests, and whether it is a friend or an enemy cannot be determined today. The fairy's entry into the Indian market is considered to be the biggest note of her gambler character, and in the eyes of the world at the time, she was a gambler, because she was blocked by the energy industry, a desperate gambler who "went astray"! But the fairy won the bet, and was the most successful winner, and she achieved great things in all three markets, especially the ones that they will never be able to use!

In the Chinese market, Yamazaki, Shijia, Simon and Hughes, which have built flagship companies for many years, have been transferred to Fairy, largely ceding their Chinese market, and taking over is indeed their strongest competitor. If they knew the fairy's follow-up actions, probably no company would give up the industry in China, but there is no if, just after they just transferred a large number of industries to the fairy, there was a larger-scale transfer in economic history. The difference in strategic choices has caused a huge difference in the future fate of each company, and the fairy inadvertently entering India is the biggest variable in the fate of each company. For the giants, they have fallen behind the fairies, to a large extent lost the capital to further confront the fairies, if they can get out of India as soon as possible, reduce their own losses, but also be able to recover some of the decline in competition, and if the fairies are dragged in India, then it is likely to fundamentally solve the "fairy problem". Therefore, a number of giants almost unanimously chose to withdraw from India, and unanimously tried to "drag the fairy in India", and resolutely "to" the Indian industry to the fairy, this strategy can be said to be a near-perfect strategy, almost succeeded, but it was reversed by the fairy, making their withdrawal into a "complete withdrawal" for many years, almost completely squeezed out of the Indian market, until many years after the economic crisis, and never entered again!

From this point alone, the fairy was a huge success. By July 38, the three major high-tech industries under the fairy have reached the scale of 8.66 trillion yuan in original assets and 4 trillion yuan in current assets, with a growth rate of 170.6% and 56.9%, and the corresponding eight giants are only left with 10.54 trillion yuan and 4.44 trillion yuan of current assets. It can be said that if this ratio continues, the fairy will become a de facto giant, an indisputable giant, and even create a rare monopoly! Of course, the fairy's biggest success lies in her revitalization of the Indian market!

People say that if you work hard, you will get some gains, and if you take a lot of risk, you will receive some benefits, which is a real thing! In the economic crisis, the loss of the European and American markets is relatively light, and the market capacity is relatively large, for example, in February 37, the European and American markets were 2.18 times that of the Far East market, at the end of 37 years it was 1.87 times that of the Asian market, and at the end of 37 years, it was 2.04 times that of the Far East market, and at the end of 38, the European and American markets were 77% higher than the Asian market, almost twice that of the Far East market, and by the end of 39, The European and American markets are 1.33 times that of the Asian market and 1.65 times that of the Far East market. That is to say, for a long time in the economic crisis, the market of European and American companies was much larger than that of Far Eastern companies, and much larger than the entire Asian market, and the larger the market, the higher the average earnings of enterprises. If the company wants to survive, it must squeeze the living space of its rivals, expand its own market share, and struggle in an already limited market. Therefore, compared with European and American companies, companies in the Far East can be said to have large input, small output, and less income, and are inferior to their European and American counterparts in all aspects, especially in terms of finance, and suffer a great loss! This state of affairs created a certain disadvantage in their later competition. For enterprises in the Far East, they must not only invest a lot of money, barely expand or maintain their poor market share, endure extremely low market returns, but more importantly, invest a lot of money in scientific research and technological transformation, because a little technological progress can enable them to gain a head start in market competition, but investing heavily in scientific research has increased the already weak financial burden, and the gap between them and Europe and the United States is getting bigger and bigger!

Generally speaking, Japanese companies have money and relatively abundant funds, and the three major industry giants have sent more than 640 billion yuan just to fairies; The funds of Chinese enterprises are relatively scarce, but China's big banks have money, and it is still possible to lend to domestic companies for emergency purposes within a certain limit (there is no such restriction in the Sino-Japanese trade agreement), which has formed a situation in which Japanese companies spend their own money to invest heavily in scientific research, while Chinese companies that have no money take out loans for scientific research. South Korean and North Korean enterprises are in between, and they have also spent huge sums of money on scientific research, which has greatly improved the technological level of the enterprises of the three countries that are constrained by competition in just three years, and have surpassed their European and American counterparts in many aspects. As a result, there is a situation in which European and American enterprises have funds, and Far Eastern enterprises have technological advantages! It is well known that European and American enterprises have funds, but many of the technological advantages of Far Eastern enterprises occur in a secret state, especially the technological advantages in product technology and productivity, many of which are not recognized by European and American counterparts. As for the big companies in India, because of the small market and lack of capital, they are in a state of stagnation as a whole, far behind their previous competitors! Although Far Eastern enterprises have achieved a leading edge in technology, the lack of vanguards, which is the primary factor for the survival of the company and the vanguard, can be said to be quite disadvantageous in the competition.

Whether it is a Chinese company, or a Japanese company or a South Korean and North Korean enterprise, its profit margin is very low, European and American companies receive a profit of 1,000 yuan, they can only receive more than 600 yuan, even the fairy this super profitable large company, its profit in the Chinese market is only more than 100 billion yuan (three major industries), the whole 37 years, the whole system profit does not exceed 120 billion yuan, you must know that she is a large consortium with a scale of 4.8 trillion yuan, the return on capital is only 2.5%, Its steel and textile conglomerates have non-existent profits at all (in fact, they are loss-making), and among its industries, only banking, food, electronics and biotechnology companies are more profitable, and even new materials companies are barely profitable, and the rest of China's companies are no better off than fairies. And Japan's big companies are similar, and the same is true of South Korea and North Korea, so the severity of the situation can be seen! In 38 years, the profitability of Far Eastern enterprises is still relatively weak, and the capital operation capacity of most enterprises is generally low, until 39 years, the profitability of these enterprises reached about 80% of their European and American counterparts, and then because the government further lowered the profit sharing ratio, the form of enterprises began to gradually improve.

According to statistics, by 38 years, the annual profit of the fairy company was more than 230 billion yuan, and the return on assets rose to 5%, and in 39 years, the annual profit has reached more than 400 billion yuan, and the yield has further risen, reaching 8.3%. Although the government gradually reduced the share of profits handed over by enterprises, from 50% to 35%, and then to 15%, the profit income of the fairy is still not high, and the whole company has entered a more difficult period since its establishment.