Chapter 384 - First-Class Countries Play Finance? Second-rate countries play production?
Wang Qiang is incredible: "It's just this kind of deceptive child thing where you borrow my money and I borrow his money, but it's still a new way to play the boat?" β
Su Su smiled: "After the financial turmoil in 2008, doesn't the United States still use this way? First raise the debt ceiling, and then use the borrowed money to roll around the accounts of major companies a few times to close the accounts, and everyone looks at the accounts and there is no debt! No problem, and then declare the recovery of the United States! β
Wang Qiang couldn't cry or laugh: "This is too funny, right?" How many more can this fool the world for decades? β
Su Su smiled: "It was I who broke it, and Brother Qiang felt very funny." When it is not debunked, it is escorted by various advanced economic and financial theories, and in Chinese words, it is 'borrowing money to develop and borrowing chickens to lay eggs', which itself is beneficial to individual companies, and it is completely easy to fool and cripple people. β
"So since the 60s, the Eisenhower administration has stimulated the economy with large-scale credit expansion, but the loans have to be interested, which has caused the cost of commodity production to increase, and the result is that the annual product output of the United States has not increased much, but the GDP has gone up, this is the debt bubble and the marketing bubble - by the way, does Brother Strong know what GDP is?"
Do you really think I don't understand economics? Wang Qiang said angrily: "It's a chicken's fart, GDP!" β
Su Su smiled: "Yes, Marx said that only production produces value, and the service industry does not produce value. But the new way to play the ship in the United States is that as long as money flows, value is generated, then the GDP calculation of the United States is very interesting, Brother Qiang still listens to a small joke-"
Wang Qiang was happy: "Brother likes to listen to jokes the most!" β
Su Su smiled: "Once upon a time, there were two top finance students from Yale University - I'm sorry, I'm here again at Black Yale University!" They were walking down the road together when they saw a pile of dog shit on the ground. A high-achieving student moved his heart and said to another person, if you dare to eat this piece of shit, I will lose you $10 million, do you dare? β
Wang Qiang was shocked: "I'll wipe it!" β
Su Su smiled: "The other high-achieving student immediately took out the calculator and crackled it, and came to the conclusion that it is worth it!" And then I pounced on it! β
Wang Qiang couldn't cry or laugh: "I'll go!" Is there an economic math formula for calculating eating shit? Does this still need to be counted? If you change to a brother, you might just pounce on it in one bite! β
Su Su said with a smile: "Financial top students, no matter what you do, you have to calculate, so that people can feel unfathomable!" β
Wang Qiang smiled: "Understood, then what?" β
Su Su smiled: "But after all, I ate dog shit, I'm afraid this feeling is really not something that ordinary people can experience, so although he made 10 million, this high-achieving student is really mixed and tangled, and he can't be happy at all, and then he sees another piece of shit in front of him!" His mentality was instantly unbalanced, and he said to his friend: If you dare to eat this piece of shit, I will lose you $10 million, do you dare? β
"That friend just lost $10 million and is depressed! Maybe Brother Qiang can't understand the feeling of eating shit, but Brother Qiang may experience the feeling of losing 10 million? β
Wang Qiang was happy: "Yes!" So he immediately got back on the field? β
Su Su smiled: "That's right! This time, he gritted his teeth and took out the calculator and crackled it, and came to the conclusion - it must be eaten! Then he pounced on it as well. So, Brother Qiang, tell me your feelings? β
Wang Qiang was happy: "The result is that the money of the two of them does not increase or decrease, and they really eat two pieces of shit for nothing!" β
Su Su laughed: "That's right, so the more they think about it, the more they can't figure it out, and they feel that their worldview and values have been subverted, so they go to their professor to ask for clarification." β
Wang Qiang was interested: "What did the professor say?" β
Su Su smiled: "The professor shook the hands of the two excitedly - do you know that you have contributed 20 million GDP to the United States!" β
Wang Qiang couldn't cry or laugh: "I'll go for it, this is what it means that the flow of money produces GDP?" β
Su Su smiled: "Isn't it wonderful?" The sacred cow of the third brother of India is also considered GDP! β
Wang Qiang said with emotion: "The United States is doing this rhythm of eating jujube pills!" β
Su Su sighed: "That's right, in the next 20 years, the economic crisis caused by various things in the United States will be solved through credit consumption, and the bubble in the United States will blow bigger and bigger...... By 1979, it was a spring, the bubble in the United States could no longer hold up and collapsed under the impact of ultra-high interest rates, and the basic industry and agriculture of the United States were devastatedβBrother Qiang, listen to the point, it was a devastating blow, and since then, there has been no Made in USA in the world! β
Wang Qiang frowned: "The United States has been deindustrialized like this?" I always feel ...... Isn't that right? Is the U.S. government so mediocre and incapable of dying? β
Su Su smiled: "The U.S. government? Does it really exist? I said earlier that there are only two sovereign states in the world, China and Russia! β
Wang Qiang immediately understood: "International financial capital! β
Su Su smiled: "Yes, what good is it for international financial capital to destroy American industry with bubbles? First, when the bubble bursts, the industry and agriculture of the United States will go bankrupt, and international capital will be able to buy high-quality assets of the United States at a low price, and easily control the lifeblood of the American economy. β
"Second, every economic recovery in the United States has been achieved under credit consumption, which is to set an example for other countries, credit consumption is correct, so other countries have also followed the same bubbles, and the result is the same as the United States, international capital continues to buy at low prices, so as to control the lifeblood of their countries."
"Third, change the perception of the economy by governments and ordinary people, who used to think that only labor creates value, but now it seems that money can make money. Therefore, it is advocated that first-rate developed countries play finance, second-rate countries play production, and third-rate countries sell resources. As soon as it was blown, the four little dragons immediately went to play finance and declared themselves to be developed regions! When credit consumption became a habit of the common people, the chains of slaves were put on like this! β
Wang Qiang finally understood: "International financial capital is playing a big game of chess!" β
Su Su said with emotion: "Marx said that capital has no borders, so international financial capital is to dominate globalization and has no borders. International financial capital has no borders, and it does not want a superpower to emerge, otherwise one day, they will be safe, just like the Jews who were murdered by Hitler in World War II, so it is inevitable to weaken the United States - from this point of view, the so-called global division of labor is actually dismembering the power of the United States. Of course, there is also a part of the American power that cannot be dismembered by international capital, and they are the legendary military-industrial complex, which is complicated, not to mention for the time being. β
Wang Qiang asked, "What about China?" β
Su Su smiled: "Although China at that time may not be regarded by international financial capital, it must be controlled......