Chapter 68: Economic Depression

The time is February 2024.

The migrants on the moon live a full life every day, enjoying the amazing dividends of urban expansion, and have little knowledge of the changes outside.

And at this moment, the earth is experiencing a cold winter, not the normal four seasons that the Northern Hemisphere experiences at this time of year, but an economic winter.

As the East Galaxy Company penetrated into the industries of more countries, bringing about the elimination of the means of production, and a large amount of capital was withdrawn and diverted to industries related to the development of the planet, this rapid and violent evolution finally led to bad consequences.

A large number of outdated products began to pile up, and people gradually realized that they were about to face a new era, and were no longer willing to consume products that would soon be eliminated, even if they were given relatively reasonable price reduction measures.

The companies that produce the products are eager to recoup the funds in order to keep up with the pace of the times, but they also adhere to the nature of businessmen, and there are not many who are willing to make loss-making transactions.

For example, Intel and Tesla, which have just completed the production capacity upgrade work, have been working closely with the East Galaxy Company, and several companies are promoting their new products under advertising gimmicks, such as a new generation of electric cars and next-generation VR (virtual reality) entertainment equipment.

Because the new product is still in the experimental stage, the price is high, the technology is not yet mature, there is no actual revolutionary progress, the sales volume is not very gratifying, and it has not succeeded in opening the market.

As a result, once the relationship between supply and demand becomes distorted, the economy becomes a pool of stagnant water, and it is difficult to operate again, from a few developed countries in the beacon of freedom as the breaking point, and gradually extends to the world.

The profits of all companies are falling, the country's GDP is even regressing, and when it comes to the lives of ordinary people, people feel most noticeably that jobs are becoming hard to find, stores are full of goods, and they dare not consume for fear of wasting money that will not depreciate on goods that may depreciate quickly.

"Still, that's normal, isn't it?" Cao Chuan pointed to a few advertising pictures, on which the well-known mobile phone manufacturing company Apple originally planned to sell mobile phone products in batches in the next 5 years, but now, in just half a year, Apple broke the original law of one new mobile phone every year, and instead sold IPhone9, IPhone9Plus, and IPhone10 three products in turn.

"I have to admit that every product is sincere, and after evaluation, it will be found that each has its own functional differences, performance improvements, and so many releases at once, it is really difficult to distinguish in the eyes of consumers, and they can't feel the difference at all."

"And from Apple's point of view, it pays a staggering amount of R&D expenses for each generation of mobile phones, and in order to seize the last time before the tide of planet development, it has to find a way to recoup the funds in a short period of time, and their approach also has its own reasons."

"So, there is nothing wrong with ordinary people, there is nothing wrong with the company, it is the world that is wrong."

"Historically, the pains of this revolution in the productive forces are all too natural, such as the birth of the textile machine, which eliminated a large number of women textile workers, the birth of the telegraph, the elimination of a large number of postmen, the elimination of traditional craftsmen in production machinery...

"To say that the only thing that was unexpected was that due to the appearance of the East Galaxy Company, the outbreak of this labor pain became dozens of times more intense, and it was also short-lived dozens of times."

"The downside is... The situation in the world suddenly became grim, and it seemed as if the end was near; The good thing is that if we get through it quickly, what awaits us is a better tomorrow. ”

Nana listened on the sidelines, she paid attention to the stock prices of several major stock exchanges in the world from time to time, as well as the official reports, after the summary of massive data, she said slowly: "Master, now there are almost unsold goods worth more than 5 trillion yuan, do you have any way to solve it?" ”

She persuaded: "It's hard, but if you get through the cold winter quickly, when spring comes, this great cause of conquering the stars and seas will affect all mankind." ”

Cao Chuan bared his teeth: "It's quite attractive, but even if it's me, I don't have that confidence if I want to drag 7 billion people and make them obey my orders." ”

"At most, to do what I can, and... Wait..."

After he finished speaking, he began to talk to himself again, in his mind, not only his brain was thinking about the problem, but even hundreds of environments were simulating the operation of the world, but the current problem was too practical, even if he came up with some answers, if he didn't know how to apply it, it would not help him much.

In the past, when the world economy was not yet integrated, a better solution to this problem was the transfer of contradictions, and the government came forward to dump its own unsalable and backward products on poor countries, while the productive forces of poor countries were underdeveloped, and there was still market space for unsalable and backward products, on the other hand, poor countries also needed these products to improve their productivity and enrich their material life, so in this way the contradictions would be effectively alleviated.

In the past decade, the economic depression of lighthouse countries, which has led to the reduction of import quotas and currency depreciation, has led to the bad luck of other countries.

"And if you don't take care of it, governments will definitely have to think about how to solve the problem, coupled with the natural healing ability of the economic system, and when the pain is gone, the process is probably that the backlog of goods is gradually digested, or companies continue to cut meat, lower prices, and some really cross-generational new products come out and sell well, driving the economy."

That being said, the reason why Cao Chuan wanted to do something was that he didn't expect it to last for 5 years, 10 years, like that, a little bit longer.

However, I will definitely be the same as the last training camp, not as a love organization, but to get some benefits from it, even if it is to pay some money, at least I will feel from the bottom of my heart that I am not so lost.

"Profiting from it? Can be considered. Further expand the prestige of the East Galaxy Company? Also considered. A slight blow to a restless opponent? It can still be considered. Cao Chuan remembered the establishment of a training camp two months ago, which alleviated a lot of social unrest caused by unemployment, and also took the lead, so that other companies and the country had to participate together.

He plans to repeat the old trick and use it to his advantage.

To say that they have a lot of funds in hand, compared to the world's trillions of economies, they are still children; The moon city, compared to the 5.1 square kilometers of the earth, is still a small place, these are not his strengths.

Therefore, the real advantage he has is that he has the technology that is ahead of the times, but he can't look at it so simply, if you look at this advantage from another angle, it can actually be said that he can control the future.

He has a way to know in advance what products will soon be eliminated by the torrent of the times in the future, and even have a way to limit the progress of technology, hinder the elimination of products, and seek more dividends from it.

Others can only speculate on the future, and only he can decide the future!