Chapter 642: Start Burning Money

ps: Sorry, cold and fever, dizziness and dizziness, so today there is a chapter of transition.

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Yongtian Tieshan is not wrong, Yang Qiu is very busy now.

The abrupt cessation of imports of all commodities except resources has caused a chain reaction in the international community, first of all, diplomatic pressure from Britain, France, and the United States. Secondly, due to the sudden closure of the market of China, which is the most optimistic about various countries, and the frenzied withdrawal of investment from all over the world, Britain and France, which were in a better situation, have also begun to be affected, and Japan and Germany, which are most controlled by the US dollar, have fallen into a bankruptcy frenzy.

While pressuring China to expand exports, countries are also actively helping themselves in an attempt to keep the crisis out.

On the third day after Li Yuanhong signed the presidential decree, Britain announced that it would stop importing 57 kinds of goods from China in retaliation, but Chapter 642 of the list began to burn money and set aside aviation, silk, tungsten ore, tung oil and other commodities, the former because countries wanted to figure out the mysterious aviation manufacturing capacity of China, and the latter was a strategic material that Europe lacked, and it was easy to stop importing. In addition, the British government announced the cessation of all silver and gold trading, the ban on gold and silver exports, the abolition of the gold standard, and the raising of tariffs to the highest levels in history.

Britain's approach made a bad start for the world's trade barriers, and soon France began to implement a similar policy, using its huge colonies as backers to try to avoid the crisis, and at the same time, the two countries also increased their exports to the Soviet Union to grab the already scarce world trade resources, which directly led to the collapse of Japan and Germany, which had a narrow market!

By February 1930, the economic crisis was beyond salvage. Everyone can only watch their country's economy decline. In just half a year, the U.S. stock market evaporated $50 billion, two-thirds of the country's families were destitute overnight, tens of thousands of enterprises declared bankruptcy, and the number of unemployed people soared to 6.5 million! Other countries are also uncomfortable, with 3.7 million unemployed people in Germany, 2 million in France and 1.3 million in the United Kingdom. The cost of Japan is 1.13 million, Italy is 1.1 million, and China is 650,000.

Although everyone is nervous about the unemployment and economic crisis that began to burn money in Chapter 642 for the first time. Because they have never experienced it, but Yang Qiu is determined to take advantage of the crisis to implement industrial reforms, and firmly sell off state-owned factories in non-important areas. Even if it leads to job loss, it will not hesitate.

At the end of January 1930, the Presidential Office of the Republic of China, the General Governor's Office, the Parliament and the Central Committee of the People's Republic of China had moved to Beijing, and the city of Beijing, which had been deserted for 19 years, was once again noisy. Institutions of various countries in China also relocated to the mainland, and Nanjing was handed over to the Jiangsu government, and the original central industries were auctioned off for funds except for those with commemorative value.

The new presidential palace is several times larger than Nanjing, and the elegant oriental garden style makes Li Yuanhong, who is being criticized by the whole country, a little more comfortable. The boiler heating was sent to the second floor through the pipe, making the small study warm like spring, and the three top leaders of the Republic of China sat around the fireplace. Wang Zhengting also sat next to him with the documents, and the fact that he could sit here speaks a lot in itself.

Even Li Yuanhong glanced at him. Only then did he turn his head and say: "Chenhua, I heard that the US ambassador has been to your house seven or eight times this month alone, and he didn't scold his mother, right?" ”

"Huh."

As soon as the words fell, Hu Weide couldn't help laughing. The United States is undoubtedly the most urgent after the ban on imports, so Nelson Jensen has visited the door several times this month alone. And one time is shorter than the interval. However, Yang Qiu has so far bited his mouth and his ambiguous attitude has made the United States more and more anxious.

Yang Qiu disagreed, picked up the teacup and blew: "He's anxious about him, I'll do mine, and we're not good money boys." There is no end in sight to the economic crisis. According to the current situation, we don't want to restore it in three or five years, and we can't fill this hole even if we want to. ”

At the beginning, everyone still had doubts about Yang Qiu's prediction, but it is only today that they understand that it is actually in his hands. In the face of such people, people really can't afford to have the slightest idea of confrontation, because they don't know if they have their own thoughts together, and tomorrow the army will drive to their doorstep. Li Yuanhong has been president for 15 years with this mentality, and his term of office will end in more than three months, even if the whole country is now pointing the finger at the presidential palace for the economic crisis, he has no intention of doing anything. There was only one thing he wanted to know: "Chenhua, what are you going to do next?" ”

To this day, the layout made before is very clear, so Yang Qiu said very happily: "The more urgent the United States is, the more it needs us, as long as they don't do anything out of the ordinary, they will support it." I am ready to use the $2 billion order in exchange for Hoover to support the establishment of the Saudi family, which will be mainly used to purchase building materials, factories and oil refining equipment from the United States, and the rest will be used to buy high-end equipment and metal materials and patented technologies that we can't usually buy. As long as we and the United States join hands to support Saudi Arabia's statehood, there is not much Britain and France can do. ”

Hu Weide nodded, at this time, the $2 billion order is enough to knock on the door of the US Congress. Supporting the establishment of the Saudi family, with loans from China and the purchase of all American goods, was an irresistible temptation for Hoover, who was in dire need of employment. Even if Britain and France knew that relations would deteriorate at best, they would not choose to use force at this time. After all, wars between major powers are not something that can be fought just by saying that they can be fought, and both sides have to consider the gains and losses.

"I roughly calculated that after the launch of the Saudi statehood plan, it will also be of great benefit to our country's shipping, building materials, and petroleum smelting industries. If we can make the Saudi family a model, in the future, Arabia and the Persian Gulf will not be the exclusive decision of the United Kingdom, and if this wedge continues, we will completely enter the game of competing for the world! Yang Qiu's calm voice couldn't hide the excitement of Hu Weide and the others. In just 19 years! From a backward semi-colonial country to a formal participation in the world competition! What a turning point.

Li Yuanhong, who was born in Beiyang, also had a dream of crossing the seven seas when he was a teenager, and he didn't wake up until the First Sino-Japanese fiasco. Now seeing that Yang Qiu realized his dream in less than 20 years, and took the initiative to participate in the world competition, he can't help but sigh. Only then did he return to the topic and continue to ask: "Domestic, what is Chenhua going to do?" ”

Yang Qiu looked at Wang Zhengting, who took out Yan Xishan's statistical table: "This is the report of several departments of industry and commerce and finance. After handing the report to Hu Weide, he continued: "Judging from the report, the positive trend of China's economy has not changed significantly, and this wave of crisis is mainly caused by the lack of confidence caused by the external environment, the disruption of foreign trade, and the large-scale layoffs of American investors. In addition, the national retreat and democratic reform are also the main reason, many factories began to lay off supernumerary personnel after being sold, and the iron rice bowl in their hands was broken, many workers began to worry about unemployment, tightened their belts to reduce consumption, resulting in a decline in purchasing power. ”

Speaking of this wave of privatization of the state retreating and democratizing, Li Yuanhong still didn't explain, and asked: "Chenhua, I have always wondered, isn't it very good to continue to maintain state-owned?" Why sell so many factories at once? Now it is said that Li is a traitor who resells state-owned assets. ”

"Hehe, it's really a sin for the teacher to bear the infamy for me, Yang Qiu is here to thank you for replacing wine with tea." Yang Qiu picked up the teacup and leaned back, watching the aggrieved Li Yuanhong slowly put down the teacup, and gently turning the mouth of the cup with his fingers as he spoke: "In the first 15 years, the domestic private industrial and commercial capital was small, and there were very few people in the country who dared to invest millions of dollars, so they had to replace it with state-owned ones. Taking cement as an example, in 15 years, 117 cement plants have been built in China, and only 37 are private, and most of the country's cement market is occupied by state-owned. Everyone only sees that the country has money and stable jobs, but they don't see that the private sector is getting smaller and smaller because the market is suppressed, and the less money is earned, and no one is willing to continue to invest if the money is less! Now the situation is not serious, but in the long run, private capital will be eaten up little by little, and in the end. ”

"Another Soviet Union?"

As soon as Wang Zhengting blurted out, Yang Qiu nodded solemnly: "When the country was first built and was in ruins, nationalization was a good medicine, but the medicine was poisonous, and it would leave a lot of trouble over the years. The purpose of this reform is to squeeze out the poison that has accumulated for 15 years and promote the development of a market-oriented economy, and the state only needs to control the railways, electric power, education, energy, and other large industries related to the national economy and people's livelihood in the future. ”

"It makes sense, the country is not a businessman, it is better to take the major matters related to the lives of the people, and leave the rest to the businessmen themselves." Hu Weide smiled: "By the way, is the money from the sale of state-owned factories going to be used to recover the equity of European and American investments?" ”

Yang Qiu nodded: "Yan Xishan told me that 3.5 billion has been recovered from the sale of the factory so far, and at least 8 billion can be recovered by the end of the year!" Now that the United States is in a hurry to get the $4.2 billion investment back home, and there is a tail on the contract back then, they must be more anxious than us. I estimate that it will only take up to 2 billion yuan to recover it all. With the rest of the money, I plan to expand the scale of infrastructure and add the most basic projects such as education, roads, and electricity. ”

"It doesn't take that much." Li Yuanhong calculated and found that he actually had a balance of 6 billion, and began to think about how to use this money.

Yang Qiu frowned uncharacteristically and shook his head vigorously: "It's not enough!" Far from enough! Starting this year, some major scientific research projects will be launched gradually. These projects are very expensive, and if I am not mistaken, I must at least ensure that 1 billion yuan is invested every year. Not to mention Li Yuanhong, Hu Weide and Wang Zhengting were taken aback. You know, now it is only 50,000 yuan to build a kilometer of railway, and 1 billion is 200,000 kilometers of railway every year! What project, so burning money?

"Nuclear energy, electronics, basic materials." Yang Qiu counted them one by one in his heart, but he didn't give any explanation in his mouth. Because the three of them don't understand, let alone those who have never been in contact with them, even if there are many people in European and American powers who can understand at this time? Nuclear bomb research alone, according to the current national power generation, at least half of it will be swallowed! This means that in order to get started, it is necessary to double the amount of electricity generated on the existing basis. There are also large graphite plants, heavy water plants, and German gas centrifuges that I don't know if I can get, which are much faster than burning money directly.

He got up and stretched, looked at the clear sky outside, and smiled: "The weather is good today, is the teacher interested in going to watch the military parade with me?" ”。!!!