When the headquarters of Longteng Group was in the capital of the empire, it also built its headquarters in Hanjing.

The Longteng Building has not yet been built, so it can only rent a building in Hanjing and temporarily use it as an office space. Now Longteng Group is state-owned, many things have to communicate with the government, although it was Chen Shao's family background in the past, but it has always been separated, each doing its own thing, except for some project cooperation, there is no intersection. After the announcement of state-owning, a series of projects have started one after another, so Longteng Group is very busy for a while.

The upcoming high-level meeting is very high-level, and basically only a few old people from Longteng Group are qualified to participate. Moreover, the meeting was not recorded, and absolute confidentiality was required.

At the beginning of the meeting, Chen Shao went directly to today's topic:

"Today's meeting is very special, I didn't want to say it now, in order to make you mentally prepared, I plan to announce it today. The content I am talking about today is not allowed to be passed on at all, you are all old men of Longteng, I believe you all understand this rule.

In World War I, the Treaty of Versailles was signed, and Germany demanded a staggering amount of reparations to France. …… As a result of the large number of German marks printed and rushed into the international market, ...... Britain and France had to pay us a compensation of several hundred million pounds. On the surface, the world economic situation is now very good, and the economies of various countries have been prosperous in recent years. But we have to look at it from another angle, behind this booming economy, in fact, there is a huge crisis.

According to intelligence, there is overcapacity in all countries of the world, the contradiction between production and sales, the contradiction between supply and demand is acute, the gap between the rich and the poor is intensifying, stock speculation is excessive, and credit consumption is excessive. However, countries around the world have no effective regulation in this regard, and if this potential threat breaks out, it will definitely sweep the whole world.

Therefore, we must be really prepared for this, because the empire is showing a steady upward development, and this kind of crisis will not affect the domestic market, but it will affect the products we export. In addition, it is also necessary to prevent a large number of surplus products from abroad from rushing into the Chinese market, and in this regard, you must cooperate with the Imperial Ministry of Commerce to carefully monitor the entire Chinese consumer market.

As the number one power in the capitalist world, the basic contradiction of the capitalist system is most prominently manifested in the United States, that is, the contradiction between the socialization of production and the private possession of the means of production has widened the gap between the rich and the poor and limited the growth of the actual consumption capacity of society. We must pay special attention to the problems of the United States, which will bear the brunt of the crisis if it erupts. ”

The causes of the initial economic crisis were manifold, and the social system in which the government did not intervene in economic life, while it had a positive effect on mobilizing the motivation and initiative of individual activities, also had its limitations and could have negative consequences. Differences in the ability of individuals to use the freedoms granted by the law to achieve their own happiness will lead to a polarization of wealth and status over time. Under the laissez-faire market economy, there is no mechanism to regulate this differentiation, and there is no mechanism to regulate this differentiation, and there is serious disharmony in society. Monopoly is the result of free competition, which harms the interests of workers and social fairness, and hinders the free development of small and medium-sized enterprises. A large number of small and medium-sized enterprises could not survive in the shadow of monopolies and closed down one after another, and the urban poor population increased significantly.

Serious international economic imbalances were also an important cause of the crisis, and this imbalance developed during the period when the United States turned from a debtor country to a creditor country after World War I. The recovery of war debts and a large trade surplus brought the United States' gold reserves from $192,400,000,000, or half of the world's total gold reserves, between 1913 and 1924. The United States economy and financial sector have been shaken by the fact that debtor countries have had to import goods from the United States as payments are due, and some countries are in large arrears. The growing supply power of the United States greatly exceeds the demand for domestic and foreign payment capacity. All this is a sign that a great crisis is coming.

The weakness of the U.S. banking sector was another factor in the stock market collapse of 1929. The result of the concentration of wealth is essentially a detrimental effect on the economy, increasing the number of banks with unreliable lending and fueling the speculative frenzy in which even the banks are eventually embroiled. The higher the concentration of wealth, the greater the number of banks that are prone to failure and the more speculation they have, the more severe the recession will be. This is not the same as the economic crisis of later generations, but it can be counted in a similar way. Because of the evil consequences of Americans borrowing money to overspend and consume ahead of time. In the past few years, the United States has borrowed money from China and Japan for Americans to spend. Borrowing money from the future to sustain consumption in the present creates a false prosperity. Due to the excessive consumption and advanced consumption of Americans, the prices of oil, coal, ore, steel and other raw materials have soared, causing economic production to be overwhelmed, and eventually leading to the rupture of the capital chain and the bursting of false bubbles, which have gradually turned into serious economic crises from the subprime mortgage crisis, real estate credit crisis, and financial crisis.

And in this time and space, also due to the rise of the Chinese Empire, the economic burden of all countries in the world has been increased. All kinds of products of Longteng Group are exported to all countries in the world, and their cheap price and practicality have been loved by people all over the world. Since the end of World War I, the world's small and medium-sized enterprises have closed down, but there is still room for them to survive. China is still a perfect virgin land, and with the transition from agriculture to industrialization, there will be more and more consumers. Longteng Group has always been in the forefront in this regard, developing the domestic market by itself and increasing its competitiveness in overseas markets. Taking advantage of the advantages of US creditor countries, it will increase the dumping of goods from debtor countries.

Japan is even more diverse, goods from the United States and China have flooded every city, and Japan's own large and small industries have also closed down, especially in the last year, the entire Japanese enterprise is like a domino, and small and medium-sized enterprises have closed down one after another. Unemployment has risen dramatically, and now a huge amount of debt is being paid every year, and domestic contradictions are becoming more and more prominent. If it weren't for the fact that Japanese industry was moving closer to the military and had been urgently preparing for war, this contradiction might have erupted.

Chen Shao glanced at the people in the conference room, and many of them already showed surprised expressions. Judging from the current situation in various countries in the world, the situation that Chen Shao just described seems to be alarmist, and the international community is often thriving, and there is no trace of crisis at all. However, they all know that Chen Shao will never say it if he is not sure, and even if he says it, it will usually be realized.

"Are you wondering what the crisis is? Do you think that the world economic situation is very good, and think that I am talking nonsense. Chen Shao stared at everyone and said slowly.

"No, I don't think Your Majesty is right. This situation is also too abnormal, stocks in all regions are showing a positive upward trend, even if there is a decline, it will soon rise more. All this seems to be very beautiful, but behind the beauty is a great crisis. We see prosperity, but things are reversed, and it is very likely that after the next prosperity, the prosperity of this bubble will instantly turn into decay. After Wu Jintang was transferred to the head of the Ministry of Commerce, the position of executive president of Longteng Group was held by his former assistant Su Shuangjin. Su Shuangjin is also the old man of Longteng Group, and Chen Shao has been serving as an executive of Longteng Group since he poached him back from the United States.

Su Shuangjin's words made everyone react, and with Chen Shao's words, they also felt that things were indeed a little unusual.

"But this kind of thing is a good opportunity for us to happen, and the reason why I crossed out a lot of projects that I am not in a hurry this year is to prepare for this crisis. If the world's stock market is booming, why don't we get involved? Seeing that everyone was beginning to face up to this matter, Chen Shao nodded with satisfaction.

"Your Majesty, you mean to take advantage of the opportunity to make a profit in the stock market." Su Shuangjin somewhat understood Chen Shao's thoughts, he was still strange before, Chen Shao ordered Longteng Group to set aside a large amount of funds for backup, for which Su Shuangjin still felt strange, and now when he heard Chen Shao's words, he had a clear understanding of the role of this huge amount of money.

"Yes, this money is well managed, and it can earn us a lot back. And it can be done to further lead to such crises. Chen Shao has always been working on this idea, he has been planning this matter for a long time, he wants to take the opportunity of the world crisis to develop the domestic industry rapidly. Now the country wants to rely on the units of the Red Alert base to develop, and the construction speed is okay, but the coverage area is a dead hole. Other places also need to develop, and Chen Shao can't run around all day.

"But Your Majesty, with so much money, it's not easy to operate. Once we have enough money to throw, it is easy to cause follow-up, and there are so many funds that it is very likely that we will not be able to withdraw it. Su Shuangjin was a little worried, whether Chen Shao's heart would be too big. If it is really like what Chen Shao said, it is very likely to accelerate the outbreak of the crisis, and once the money cannot be withdrawn, it will become a bubble.

"I've been planning for a long time, and this fund will be divided into many parts, take your time, and according to my estimates, there will be at least half a year. Totally sufficient. "Chen Shao is very confident, James has been in the United States for more than ten years, and this kind of thing is no problem at all. What's more, the current Longteng Group is already the seventeenth chaebol in the United States, and its strength is weaker than other chaebols.

For this matter, James secretly set up a lot of foreskin companies in the United States, specifically for the operation of this huge amount of money, and when the time comes, the money will be divided into many parts. Do them separately so that you can reduce the attention of others even more.

At present, the relationship between China and the United States is not bad, and China has to take advantage of many things. If this incident is investigated and dealt with by the United States, China is behind the trouble, then this kind of relationship cannot be maintained. At least when China is about to take away a lot of wealth, no one can be calm.

(To be continued)