Chapter 853
"More than 20 small businesses have gone bankrupt this week, and the risk of import and export trade for these small businesses has begun to grow uncontrollably, and if they do not adapt and find a good way to get through this special time, it can be expected that many more small and micro enterprises will go bankrupt in the next wave!" said the deputy minister in charge of import and export trade to the officials participating in the meeting at the high-level meeting of the Federation. The Fed Shield's crazy rise isn't entirely good news, as we are facing a lot of problems that need to be addressed urgently. ”
What is very normal for ordinary people has attracted the attention of the top of the federal hierarchy, and these officials have a much sharper sense of smell than ordinary people about the functioning of the country, the mechanism of finance, and the construction of the economy. The collapse of a small export business means that more small and micro businesses are facing all the problems that this failed business has experienced. It is very difficult to sustain the situation when the cost is increasing and the income is suddenly decreasing. There are always some expenses that entrepreneurs can't get rid of, such as personnel salaries.
At the same time, the readjustment of tariffs between the Federation and the Empire also made it difficult for these small and medium-sized enterprises that were dumping exports, and their goods were no longer competitive in the Imperial market under the premise of eliminating the tariff exemption, such as those that produced lighters. They once dumped their goods unscrupulously into the Empire, using large quantities of trade and cheaper prices to occupy the Empire's market. But with the reinstatement of tariffs, the prices of their goods within the empire were no longer so attractive, and they were not as popular in the market as the empire's own products.
Of course, where there is light, there must be shadows, and everything has historically been divided into positive and negative sides, with good and bad sides.
A deputy minister of finance then said, "This does not conflict with the plan we have made before, gentlemen, opening up the relationship with the Imperial Star Yuan exchange rate and opening up the larger market is the most important plan we have now." Even before we did this work, we knew that the financial and economic markets in the federation would inevitably face a certain shock, including a wave of corporate closures. This is the inevitable pain that we need to bear to get rid of the past, we have held the power of the empire for more than 20 years, and have used the imperial market to nurture a large number of excellent enterprises, under the natural competition and elimination mechanism of the market, someone has succeeded, then there must be someone who needs to face failure. ”
It's just that these people are very unfortunate to become one of the losers, rigid business philosophy, do not know how to adapt, so that they face failure is not the change of national policy, but themselves. If they fail to change the direction of business operation in a timely manner and change the existing business projects and concepts, they will inevitably be eliminated by the market. Let us turn our attention to the successful enterprises that have produced more than 130 outstanding multinational trading companies in the past 20 years. I think that the concerns of His Excellency the Deputy Minister of Trade are not a problem in themselves, but if we don't do these things, these enterprises will not go out of business?"
"No, if we don't come up with new policies to push the market to the world faster, they will struggle to move forward without competitiveness, and they will eventually go bankrupt and be forced to liquidate. We all understand that the market is cruel, and we can sympathize with their plight, but we can't change our existing policies because of the situation they are in. ”
"The members and speakers of the Union Parliament are optimistic about the current situation, and let's focus on successful companies that can gain a foothold in international trade without our special support, and who are still growing, which is what we need to focus on. As for those small businesses, I don't think we need to pay much attention to them. ”
The main federal policies and programs are now basically aimed at promoting the federal shield as an international currency, and the Ministry of Trade has interviewed a number of entrepreneurs of multinational enterprises in the last week, and they have put forward the idea that all enterprises will be required to resolutely use the federal shield as a settlement currency in foreign trade. This seems to be a very stupid thing, increasing the flow of trade, and those foreign import and export companies need to take the federal shield to trade with the federal merchants. But on the other hand, the accelerated expansion of the circulation of the federal shield on an international scale has a very good effect on their ultimate goal.
When people are accustomed to keeping some federal shields in their pockets and are accustomed to using federal shields as settlement currencies in international trade, the influence of the Federation of Business Alliances and the Federation Shield in the international arena will increase rapidly, and eventually become the mainstream settlement currency. At that time, the markets of the entire world will have to follow the business rules set by the Confederation, and in some cases pay for the economic development of the Confederation. The influence and benefits brought far exceed the wave formed by the closure of some small enterprises.
The deputy minister of the Ministry of Trade nodded with a wry smile, in fact, he also knew very well that the collapse of small and micro enterprises at this stage was a kind of self-regulation of the market mechanism. The profits of large enterprises began to increase, the profits of small enterprises began to decrease, and the transfer of profits caused these "disabled" enterprises to be eliminated, and the nutrients and vacated markets after their bankruptcy were used to motivate "sound" enterprises to become stronger.
But...... , there is always some concern. Once the wave of closures is formed, it may lead to some problems in society, such as the increase in unemployment, the increase in idle property personnel, and the problem of law and order will eventually evolve into more complex social problems in a short period of time.
The Deputy Minister of Finance continued, "I would like to inform you that in the next month, the central bank will continue to cut interest rates to stimulate the market, and at the same time promulgate some other financial policies to activate the activity of the federal financial market, and I hope that everyone can cooperate as much as possible and at the same time monitor the volatility of the market......
In fact, there is one more thing that the deputy minister did not say, after the results of the discussion at the top meeting of the United Parliament, it was decided to issue a new batch of federal shields, which in simple terms is to print more money.
Now in the international currency market, the federal shield is popular with investors all over the world, and it has been determined that there will not be much ups and downs in the short term, and it will continue to rise in a stable and firm attitude. Rising prices will strengthen investors' confidence, which will make the amount of money in circulation even smaller. In order to spread the influence of the Union Shield as soon as possible, the United Council made such a decision.
Of course, printing a batch of currencies will lower the price of the federal shield, but this is definitely within the acceptable range, and domestic think tanks believe that this move will make the exchange rate of the federal shield fall in a short period of time, and it will also release an obvious signal that the federal shield in circulation is insufficient, which will further stimulate investors' confidence in the federation.
This news is indeed not suitable for premature disclosure, and the Ministry of Finance has always had great confidence in the financial economy of the Federation.
Williams is the sole shareholder of a small import-export trading company whose products are only one thing – blankets.
In the past ten years, he has made enough money to live in a villa area in Uptown, drive a high-end luxury car, go in and out of some high-end places that require qualifications, and even enjoy everything with his family. To this day, he can't forget his factory working overtime to make blankets and dump them into the Empire. The dealers on the Empire's side sent him telegrams several times a day, urging him to get his goods over as quickly as possible to deal with the frenzied market, and he was part of the dumping army.
There were a lot of such people around him, and it was definitely a glorious era that everyone should reminisce, and countless people used everything they had to take out mortgages, and used that money to start a humble little factory, and then frantically grabbed profits from the empire, it was really a golden age. No matter what is produced, in short, as long as it is sold to the empire, it will definitely make money, and as long as you dare to gamble, you will definitely win, and that is still one thing that people talk about.
At that time, his cheap blankets were deeply loved by low-income people in the empire, and a blanket of two stars had a gross profit of about 35%, which made him a successful person.
But recently, his good days have come to an end, even if the federal side has given him the policy of tax rebates and subsidies, after the resumption of tariffs, the sales price of his products in the empire terminal has risen to three yuan and two, and the gross profit is only more than ten percent, in other words, he is basically not making money by selling things, but making meager profits by tax rebates and subsidies. In the market where the empire has recovered, the competitiveness is very poor, and compared with the two 49-cent empire's own blankets, its own blanket sales are worrying.
The dealer had already called him more than once to tell him to cut back on the incoming volume.
Now, he sits blankly in the office of the bank's credit department, looking at a loan document in front of him, and he wants to mortgage the villa he has lived in for more than eight years to the bank in exchange for a loan to maintain his current production and operation. He didn't know where the road was, he didn't know how to change it. On more than one occasion, the town hall has called these small entrepreneurs to meetings and told them to transform, to be flexible, to keep up with the pace of the times and to make relative adjustments to policies. But he is the chairman of a small business, he is not an economist, he knows what those words and words mean, but he does not know how to do it.
The only thing he can do now is to maintain his own business, maybe the market will improve one day, I heard that there are several areas that have just ended the war, there is a lot of market space, maybe he can work towards this aspect.
After he picked up the pen and signed his name, the department manager sitting across from him smiled, "Mr. Williams, your loan will be credited to your account within three hours, and you have six months to spend the money." If you are unable to repay the principal and interest of the loan after six months, we may expropriate your house and auction it according to the terms of our contract, good luck!"
Williams smiled and shook the hand with the line manager, who gave him a business card and said things that made him unhappy, such as that he could contact the manager directly if he needed to, which would save them a lot of steps.
Raised by a son of a bitch, this is cursing me!!
Williams had a smile on his face but was secretly scolding in his heart, and having to show a smile made him very uncomfortable. Looking at Williams' departure, the department manager shook his head with a smile, and many small and medium-sized enterprises have recently begun to seek loans to maintain the normal operation of their enterprises, but it has to be said that the effect of this is actually not good, and several small enterprises have lost their collateral because they cannot repay the loan principal and interest. They will not be able to alleviate the current situation at all, except to continue to obtain more financial support from the banks in a way that is equivalent to selling.
It's a good time, and it is true for banks. A large number of high-quality assets only need to pay a small amount of money to be in hand, and it is foreseeable that this year's year-end bonus will have a qualitative breakthrough!
When Williams returned to his factory, he squeezed out an ugly smile in front of the workers who had stopped working, smoking and chatting at the factory gate, and he did not look as energetic as he had expected last night, and then cheered up and encouraged the workers to continue their work. At this moment he felt tired, exhausted.
"Call someone over to settle last month's salary, and inform our friends that we need some new raw materials. With Williams's words, the idle workers in the factory cheered, slapped the dust on their buttocks, and happily waited in line outside the office to settle their wages.
Although they are also worried about the future of the factory, it doesn't seem so bad at the moment, the boss already has money to pay his salary, and he has to continue to produce, which means that their work will continue, and they will be able to earn money from it to support their families.
It's just that in the hearts of these workers, there is also a trace of worry, worried about whether they will be able to settle their wages as they are now next month.
When Williams returned home in the evening, he locked himself in his study, half of the money he had borrowed from the bank today, and when the raw materials came tomorrow, he could continue to work and barely survive the next month.
He doesn't need to pay for raw materials now, he has a good cooperative relationship with the supplier, as well as a private friendship, and the other party will let him temporarily press a batch of payments, and this is not the first time such a thing has happened. If there is no better sales for the next month...... , what should he do?
As soon as he thought of this, he felt a headache, he had tried his best, but why couldn't he see the way out, the light?
He fell into a daze, searching for an exit in a fog that didn't exist.
.。 m.