This time the stock market crash caused by General Motors swept the entire Western world in just a few days, and even affected the whole world.

Despite the swift rescue of the market, their weak economy was unable to cope with the financial crisis for a while.

The only exception is East Asia, where the rest of the world appears to be fairly stable, with the exception of the Sun Country, which has been slightly affected.

The Southeast Asian region, which has been seriously affected, has immediately become an obstacle for the Galaxy Consortium to enter the region.

Although this stock market crash is not as serious as the economic crisis of 1929~1933 or the economic crisis of 2008.

However, the collapse of rice stocks and Xizhou stock markets has led to a significant increase in the debt of many people or companies, and people have to cut back on unnecessary consumption to make ends meet.

According to the research report of relevant economic research institutions, since 2019, the proportion of food and clothing products in the overall consumption of the people in the world has increased significantly, while the consumption of luxury goods is just the opposite.

Warren Buffett once said that the best way to deal with inflation is to cut out unnecessary consumption.

In the case of an economic depression, most people are forced to cut back on unnecessary consumption in order to buy hard inflation products.

In the period of economic high-speed, it is necessary to gradually stay away from the bubble industry, such as the tulip incident, away from tulips; For example, before the economic crisis, the stock market bubble was big, so we had to stay away from the stock market.

If the economic depression is the most valuable, the more depressed the economy, the more valuable the firewood, rice, oil, salt, sauce, vinegar and tea.

However, if you hoard these goods in large quantities, there are great risks, such as: storage risks, these things are difficult to store for a long time; Social risk, people can't afford to eat, you still have to be a rich man, which is not much different from the profiteers in TV dramas.

During economic booms, gold usually rises at a slower rate than the economy, because when the economy is good, the world trusts the U.S. knife more, so there are few bubbles in gold; In times of economic depression, holding gold will give wealth a certain degree of risk resistance.

Therefore, since the beginning of 2019, the international gold price has risen slightly, and the international gold price once rose to a high of 327 Chinese yuan per gram.

But this time after the outbreak of the rice stock market crash, the international gold price once again started to soar mode, in less than a week, the international gold price hit a new high, reaching a height of 386 Chinese yuan per gram, and the rise is still unabated.

In addition to hard currencies such as gold and silver, it depends on other necessities, even if the economy is very poor, people can't do without things, such as the pharmaceutical industry and the food processing industry.

In addition, "national credit" is the last line of defense against economic depression, and investments such as government bonds will also maintain their value.

Mars Group.

In the office of President Zhuge Sanxing, he looked at the alarm watch in his hand and couldn't help laughing.

Thanks to the significant increase in the output of the gold and silver refining plant of the Galaxy Mining Group, plus the silver purchased by Mars Bank, there are currently 1,127 tons of gold and 13,000 tons of silver in reserve.

The reason why Mars Group has so many gold reserves is actually related to East Island and Colliers, who had 423.6 tons of gold before East Island and 104 tons of gold from Colliers, so that Mars Group, as the central bank of the Galaxy Consortium, naturally obtained these gold.

The rest of the gold was partly contributed by the newly established Galaxy Mining Group, and the other part was contributed by Dongyin Water Group.

Why Dongyin Water Group also has gold production, in fact, for convenience, the seawater desalination plants in the mainland are now built with gold and silver filter membranes.

The gold and silver extracted from these films were made by the Eastern Tang People's Bank and the Mars Bank.

Therefore, Mars Bank has so many gold reserves, based on the current gold and silver production of Dongyin Water Group and Galaxy Mining Group, it can add about 500 tons of gold and 6000~7000 tons of silver to Mars Group every year.

Of course, so much gold and silver reserves of the Mars Group are not placed there to produce ashes, silver is an important raw material for iron-silver superconductors at room temperature, and the semiconductor industry also uses a large amount of gold and silver, plus a large number of gold and silver reserves are used in aerospace, and a large part of these gold and silver reserves are supplied to their brother enterprises.

The Mars Group, which has so many gold reserves, is conducive to stabilizing the value of the Mars coin, although the Mars coin is not pegged to gold and silver, but there is no panic when there is food in hand.

"President!"

"Come in!" Zhuge Sansheng put down the report in his hand.

"This is the economic survey report of Southeast Asia such as Luzon, Annam, and Burma!" The assistant handed him a document.

The three provinces of Zhuge took the documents and looked through them, although the impact of the economic depression on Southeast Asia was not serious, it was not much better.

"Arrived, what about the investigation report over there?"

"At the bottom of the file."

Zhuge three provinces turned to the end, and immediately laughed when they saw it, these guys are now miserable, affected by the triple impact of the trade war, drought, and rice stock market crash, the economic situation of Tuao and Macao continues to deteriorate.

As a country dominated by agricultural products and mining, many farms in their country are now bankrupt or on the way to bankruptcy.

In terms of the mining industry, although the price of iron ore has risen a lot this year, in order to suppress Tuao, Dongtang and the Galaxy Consortium have both reduced the amount of iron ore purchased from them.

Galaxy Technology uses recycled scrap and lean iron ore to make steel, and with the cheap cost of electricity, scrap and lean ore have become profitable.

Of course, this is a palliative rather than a cure, it is best to use alternative products or have your own iron ore, these two aspects Galaxy Technology has been doing, alternative products are indeed developed not a few.

As for its own iron ore, Galaxy Technology's plan is to meet its own needs through space mining, after all, iron is such a thing as asteroids in outer space, grab a lot of it, why dig everywhere on the blue star.

As for the iron ore demand in the Eastern Tang Dynasty, they have adopted a diversified approach to meet themselves, on the one hand, using scrap steel to make steel, on the other hand, using alternative products, on the other hand, purchasing a part from Maoxiong, Central Asia, Heizhou, and developing iron ore in Mobei.

"Go and get a couple of vice presidents to come to my office for a meeting." After looking at the economic situation in Southeast Asia and Tuao, the three provinces of Zhuge instructed the assistant.

"Okay."

After a while, three vice presidents came to his office.

"Sit."

As soon as Lin Da, who was in charge of Mars Bank, sat down, he asked, "President, what are your orders?"

"We want to use the impact of this economic recession to strengthen our influence in Southeast Asia and Turkey and Macao." Zhuge Sanxing put down his pen and said with his fingers crossed.

"And what is the president's plan to do?" Linda asked.

"In the name of financial assistance, entering their financial sector, we can take the opportunity to take control of some local banks, insurance." Zhuge Sansheng said his thoughts.

"This plan should be possible, but I am afraid that some countries will not easily agree to our access to the local financial sector." Huang Guocai, who is in charge of insurance, reminded.

"Don't worry! We will go with the domestic and Mitsubishi Sanxin groups to distract them. "Of course, Zhuge Sansheng knows that the Mars Group must be too dazzling to go by itself, and they need Mitsubishi Sanxin to cover up.

"In this case, the success rate is relatively high." Linda nodded.

"We can also invest in their electricity, water, road transportation, communications, etc., which can work with local people to support our advocates." Huang Guocai raised his glasses and said.