Chapter 582, Prosperity
Gleestone simply asked about China, and this was not the key issue he was trying to solve at the moment. He now has more important things to do. Scrooge gave him an important task, which was to first set off a feast in the United States to expand shipbuilding capacity. He wanted to find a way to get the whole of the United States, and indeed the whole world, to join in a carnival of shipbuilding, in which the shipbuilding industry would swell like the foam produced by the shaking of champagne, and in the process, all kinds of related things, what steelmaking, what forging, what welding, all kinds of supporting things would expand like bubbles. Countless amounts of capital from all over the world would flock to these industries, and then, a large number of ships would be built, and no buyers could be found, and then ...... MacDonald was able to quickly expand his shipbuilding capacity at a fairly low price before the war came.
To do this, it is necessary to create a good prospect, or rather, to create rapidly growing demand.
"Go and ask Jörg Goleng if he's ready, and if so, let him come to me tomorrow." Greystone said to the secretary.
A descendant of Dutch immigrants, Jörg Galen is now the head of Fitch International, one of the world's most prominent economic and risk assessment organizations in the United States and the world. The main business of this organization is to provide in-depth analysis of the economy and to evaluate the business conditions of various companies around the world.
Over the years, Fitch International has gradually established its position in this industry in the midst of repeated economic changes. Because behind it is the McDonald consortium, they can always get more inside information. And every time the MacDonald consortium wants to make a storm, it often first goes through their monthly economic reports and assessment reports on the operating conditions of major companies.
Of course, the so-called use of these reports issued by this body does not mean that they are telling lies. There is also a cost to telling lies. Especially for an organization like this, it costs a lot to build credibility, and if you lie indiscriminately and cause credibility to decline, then the loss is great. Of course, when necessary, a small misleading is not a big problem. What's more, many times, because of MacDonald's strength, even if they release some content that is deliberately used to mislead the market, most of them are not rumors, but predictions that are far ahead.
"Facts are one thing, how to interpret them is another." That's what Greystone said to Smith when he was just learning how to run a media. Fabrication out of nothing is the lowest method of misleading the public through the dissemination of information. A higher order is to disclose the truth, but only a part of it. And what is higher than this is that you can tell you the whole truth, but when you report it, you consciously or unconsciously direct the audience's attention, let their attention focus on what needs their attention, and then let them mislead themselves.
For example, when Scrooge needs the price of iron ore to fall, these institutions will come up with a variety of real situations to analyze and analyze the bearish results of iron ore prices. And Scrooge will also use other means to lower the price of iron ore, and then, the price of iron ore will naturally fall, of course, after the iron ore plummeted, Scrooge can take the opportunity to buy the iron ore he likes at a low price or something. The price action in this segment is a testament to Fitch's reliability and forward-lookingness.
Of course, there are times when Fitch can make mistakes, after all, who can never be wrong? What, Mr. Scrooge MacDonald is right? Well, that's a special case, you can't expect an analytics agency to do business at a level higher than such a big guy, right?
……
Early the next morning, Mr. Jörg Gollen arrived at the door of Greystone's office on the tenth floor of the McDonald Venture Bank building on Wall Street.
"Mr. MacDonald is waiting for you inside, he ordered, just let you go in when you arrive." The secretary who was waiting outside the door said this to Jorg Golem and helped him open the thick door of the office.
Jörg Gollen went in and saw that Mr. MacDonald Jr. was not sitting behind a large large desk, but by the large glass floor-to-ceiling window, looking into the distance, and the morning golden sun shone on him, as if he had been made of gold.
Jorg Goleng gently covered the people in his office, and took two steps into it lightly, not daring to speak, but looking at the glittering Son with a look of greed and awe mixed with wealth.
Greystone had heard the door open and close, but he didn't look back, just continued to look out the window, and in the distance a new building was being built.
"Mr. Gao Leng, please come to me." Greystone said without replying.
"Okay." Jorg Goleng hurried over.
"Mr. Gao Leng, do you see that building over there? The one being built. Gladstone said.
Jörg Gollen looked outside, and through the thick bulletproof glass with a hint of brown, he saw the tower-like building in the distance. The building was already very tall, much taller than the twelve-story MacDonald Ventures building where they were.
"I see, Mr. MacDonald, it's an amazing building." Jörg Gollen squinted his eyes and said that the sun was shining from the other side of the building, gilding the building.
"yes, amazing architecture, it will be a symbol of this great era." "Do you know how high this building will always be?" ”
"I've heard it's going to be 110 stories high. God, I don't think the Tower of Babel will be any taller than that. I heard that the headquarters of McDonald Venture Capital Bank will also be moved there after it is completed? Jörg Gollen knew that the Empire State Building was the MacDonald's property, so he said.
"Not bad." Greystone turned to Jörg Gollen and said, "Mr. Gollen, let's go over there and sit down and talk." ”
The two of them sat down on the large sofa on the side of the office, and a female secretary poured black tea for the two of them and put a fruit plate on the table.
"Mr. Gao Leng, I don't know what you think of the current economic situation?" Gladstone asked.
Jörg Goleng immediately perked up, thought for a moment, and replied cautiously: "After the depression of the previous two years, the economy now seems to be beginning to show signs of recovery, and in the past few months, some of the major economic indicators have picked up. For two months, there has not been a single bank failure in the United States. Commodity purchases have also picked up, and although the recovery is not large, the same trend is not only seen in North America, but also in Europe, so I think a new round of prosperity may be coming. ”
"Very good." Gladstone nodded, "I have a similar opinion to you, Mr. Gao Leng, and my father has the same opinion. ”
"Do you mean that old Mr. MacDonald also thinks there will be a new round of prosperity?" Hearing that Scrooge held the same opinion as himself, Jörg Gollen was a little flattered. Part of this was done for Greystone, but part of it was true, because Mr. MacDonald Sr. is now a myth in the United States, a symbol of the American dream.
"Not bad." Greystone smiled, "It's a clear trend. So everybody's opinion is similar. Well, Mr. Gao Leng, which sectors do you think will be the first to recover in this boom, and which industries will benefit the most? ”
Hearing this, Jorge Gollen knew that it was time for the wind, and that it was Mr. MacDonald Jr. who was going to explain to him the direction of the wind.
"We haven't studied this issue thoroughly. Economic matters are just too complicated, and many times beyond the scope of my brain's ability to think. "But Mr. MacDonald, fortunately, there are geniuses like you and old Mr. MacDonald in this world. You are so much better than us financially that you alone can be several times better than our entire organization. So I thought, instead of letting a fool like me speculate, I might as well listen to what you have to say. ”
"Mr. Gao Leng, you have praised me a little too much." Greystone said with a smile, "I think every cycle of crisis and prosperity is an elimination of backward things and backward production capacity. This is an important way for society to progress. Sectors that have been left behind in the past crises and those industries that have formed a substitution relationship with them will develop by leaps and bounds. Oil, for example, has become more and more advantageous over coal due to advances in extraction and refining technology. Even in Europe, where there are no large oil fields, oil is now used more efficiently than coal. Therefore, the oil extraction and refining industry will definitely profit from the recovery. In addition, the rising demand for oil in Europe will inevitably lead to a rapid increase in demand for cheaper ways to transport oil. However, the efficiency of the existing ordinary transport ships in transporting oil and its products is not high, and these ships are generally quite old. Advances in shipbuilding technology make them obsolete quickly, and a large amount of capacity that needs to be phased out, as well as new and increased capacity needs, will also make shipbuilding profitable. Mr. Gao Leng, do you think so? I think companies that are related to these industries and have a certain amount of technical strength and capital base should also get higher scores in Fitch's ratings, don't you think? ”