The location is by the window and the skating rink is outside the window.

Du Xiuxian was ordering, Nance was looking out the window, and Miss Adjutant was gracefully spinning and jumping on the ice.

From time to time, a skater would catch up with her and try to talk to her, but she would ignore the others, only occasionally returning to Sister Rena, and gently pulling Rena's mother to play with her, and in the meantime trying to get rid of the scarf around her neck.

Fortunately, Rena's mother is not so stupid that she is hopeless, and she is determined not to expose the secret on her neck.

"Drink something?" Is the wine good?" Du Xiuxian looked up and asked.

Nance nodded, "Yes."

"Any fresh seafood?" Du Xiuxian asked the attendant.

The attendant replied, "Fresh oysters and flounder."

"Are oysters superior?

"It is a high-end product of purified Marne river aquaculture."

"Well, let's have some oysters, too." Du Xiuxian pointed to the menu, "Then halibut with thick soy sauce and roast beef; Fresh vegetable soup salad, dessert you can choose a little for us, and then the fruit should be freshly cut, not canned......

"Yes, sir."

"Go ahead." Du Xiuxian handed the menu to the attendant, "Let's bring our wine and oysters first."

"Please wait."

The waiter ran to the back kitchen in his tuxedo, and in less than five minutes he was back with a large stack of peeled oysters and a bottle of reddish-brown wine.

He respectfully uncorked the wine bottle and poured it into the guest's glass.

"You're welcome, Chief Adel, let's start eating. Oysters from the Marne are the queen of oysters." Du Xiuxian rubbed the napkin, stuffed a corner of it into his vest, and then used a silver fork to peel the oyster out of the shell and swallow it whole.

The Marne is a tributary of the Seine.

Hundreds of years ago, it was also the home of the famous Ginador oysters.

Nance followed his example and ate one.

The oysters are really fresh, as if they have just been fished out of the sea, with the smell of the sea on which they live.

The waiter poured the wine into the delicate glass, glanced at the two guests separately, showed a smile that was clearly business-like, straightened his white tie, and said, "I'll go and help the guests urge another dish."

Waiting for the attendant to leave, Du Xiuxian picked up his glass and had a toast with Nansi.

Putting the glass down, he peeled the oysters from the shell with his fork and said, "I didn't plan to see you so soon, but last night I was a little surprised that the eldest lady of the Saste family would be attending the ball with you."

"How big is the impact?" Nance wiped the oyster juice off the corners of his mouth with a napkin.

"There are a lot of people who have a headache, including the royal family." As he spoke, Du Xiuxian poked his head with his fingertips, "I don't know whether to praise you for being attractive, or scold you for being reckless."

Nance looked out the window at the blonde beauty on the rink.

"Do you have any opinion on that?" He asked.

"Oh, don't get me wrong, I have no opinion." Du Xiuxian laughed heartily, and after seeing Nance turn his gaze back, he said softly, "I came to New Yokohama, and I have three things to do, one of which has something to do with your ninth lesson, and I need your help." ….

"Please."

Nance smiled slightly.

"Before I say that, I'd like to show you some information." Du Xiuxian picked up a screen similar to a tablet from the chair next to him and handed it over across the table, "After reading it, maybe you will be able to look at what I am going to say from multiple angles."

Nance took the screen and looked at it.

This is a comprehensive study of California's gross domestic product in the new century 268.

According to the report, California's GDP last year was 368.1 billion pounds, and the per capita GDP just reached 10,000 pounds, ranking first among any provincial economy in the world in terms of total volume and per capita, and it can squeeze into the fifth place in the world even if it is counted as a country. 368.1 billion pounds of total GDP, of which the tertiary industry accounts for 85%,

11% in the secondary sector and only 4% in the primary sector.

The data is beautiful!

However, the core of the report points to the problem of California's near-withering secondary industry, bluntly saying that the sluggish output value of the manufacturing industry cannot provide enough jobs, resulting in low incomes for Californians and a general inability to obtain stable job opportunities. In addition to employment issues, the report criticizes social contradictions such as exaggerated wealth disparities, unaffordable housing prices, and the difficulty of young people in accessing opportunities for upward mobility.

At the end of the report, the gun was pointed directly at California's highly developed financial industry.

In a sharp paragraph, he criticized the vampire industry, which "accounts for 40 percent of GDP but only creates 12 percent of jobs," and bluntly states that California's future will be destroyed by the financial industry.

The more Nance looked at it, the more familiar it felt.

High housing prices, the gap between the rich and the poor, and few channels for growth are all social problems that will be difficult to solve for hundreds of years......

While he was reading the report, the dishes were ready, and while Du Xiuxian was eating, he said to him slowly: "More than 100 years ago, California was a real prosperous place, and half of the workers in California at that time were workers. But now, finance, shipping, trade and logistics, and service industries are the main industries, and only one worker can be found out of ten people. The financial industry is the main source of money, and everyone wants to squeeze in and get a piece of the pie......

Nance put down the screen and took a sip of his drink.

"Instead of bringing sustained real prosperity to California, technological and economic developments have made people's living standards lower and lower." Du Xiuxian sighed slightly and continued, "The financial industry's ability to create wealth is amazing, but only a few elites enjoy it. Ordinary people are either engaged in low-end service industries, or they are unemployed......

"Why is the brick-and-mortar manufacturing running out?" Nance asked.

"Heh, it's complicated......" Du Xiuxian smiled and glanced at him, "Do you know the paradox of capital accumulation?"

"The growth of capital increases the rate of labour exploitation primarily by suppressing the increase in wages associated with productivity, and exploitation for the sake of capital growth ultimately restricts the expansion of capital itself. This is the 'accumulation paradox,'"

"You really understand, aren't you studying the Fa?"

「…… I read the book and saw it."

"He's still a person who likes to read, haha." Du Xiuxian held his wine glass as if he was going to test him, squinting slightly, "I'm a fool and don't know anything about economics, so it's okay to ask Section Chief Adel to explain to me in the simplest words a paradox of accumulation?" ….

The mouth of the capitalist, the ghost of deception.

Nance ate an oyster that might cost a few pounds, took a sip of a bottle of wine that cost more than fifty pounds, wiped her mouth with a napkin, and said slowly: "Suppose a capital economy is engaged in productive activities, and the total output of the year is in units1. Capital needs to accumulate and expand, and the wages received by the workers must be less than the gross output value. If the total wage of the workers is 0.7, then this part of the surplus production value of 0.3 will be the capital for the expansion of capital."

"Well, that's easy to understand." Du Xiuxian smiled and sipped wine.

"Capital uses this 0.3 output value to invest in production equipment or production technology, and more advanced production equipment and technology means larger-scale production activities and more jobs, so in the early stage of capital appreciation and expansion, it can bring a steady stream of development momentum to the society."

"That sounds perfect." Du Xiuxian echoed like an old fox.

Nance complained inwardly about his shameless behavior and explained, "But in the process, there will be a huge loophole."

"Oh?"

Du Xiuxian's face was full of surprise.

"The total value of the product is equal to 1, and the worker only gets 0.7 money, even if all the 0.7 is used for consumption, it is impossible to consume all the products, and there will inevitably be overcapacity."

"Excess product or excess productivity is a big problem, and California did with it shortly after the founding of the empire." Du Xiuxian crossed his fingers on the table and whispered, "But at that time, California was still at its most competitive and life-threatening

During the period of life force, different manufacturers reduced the price of goods through price competition, which made up for overcapacity to a certain extent...... But that's not a long-term solution, does Chief Adel know why?"

Nance glanced at the report on the screen, thought about some of California's most well-known oligopolies, and replied, "With the expansion of capital, the originally loose funds began to come together and become capital oligarchy. The oligarchs of capital, who control the lifeblood of the economy, seek to collude and profit, price competition is banned, and loopholes of overcapacity are beginning to come to the fore."

"What will happen to overcapacity?" Du Xiuxian asked with a smile.

Look at his innocent expression, as if he had forgotten that he was a capitalist oligarchy.

"Remember the 0.3 I just said?"

"Yes."

"With the advancement of science and technology, the means of production can bring more and more productivity, and overproduction will accumulate over time. At this time, reinvesting in the means of production can no longer bring greater returns. The 0.3 that was originally used to continue to invest in the means of production was idle, and it turned from a 0.3 to an infinite number of 0.3s. When money is no longer flowing, the economy will be sluggish and growth will stagnate or even become negative. At this time, without major technological innovation or the stimulus of war, the depressed economic situation will continue to ......."

The more Nance spoke, the tighter his brow tightened.

He remembered the Great Depression in the United States more than 500 years ago.

- Overproduction, insufficient demand, and idle productive forces lead to massive unemployment.

But at that time, there was an Austrian art student who was born out of nowhere, and his behavior indirectly stimulated the global economic downturn...... After World War II, the Third Industrial Revolution emerged, which fueled the world's economic growth in the decades that followed..........

What now?

The current social situation seems to be similar to that of the 21st century.

The development of a model has come to an end, and there has been no creative technological innovation for a long time, resulting in an increasingly sluggish economic environment and increasingly prominent social contradictions.

There was a sudden silence at the dining table, Du Xiuxian bit his pipe and smoked for a while, restoring his appearance as a capital oligarch.

"After a relatively long period of downturn in the California economy, the part of the funds that was originally used to invest in the means of production has been idle for a period of time, and then entered the financial market to seek new ways to add value."

Hearing his words, Nance smiled helplessly, "Now the problem is even bigger."

"Compared to the money that goes into the real manufacturing industry, the money that goes into the financial market does not bring in new means of production and does not create a large number of jobs. Not only did it not provide impetus for social development, but it also took the share of investment that should have entered the real industry." Du Xiuxian said smoking a cigarette.

Nance nodded silently.

Unlike real capital, which can create real production value, the so-called appreciation of financial capital is nothing more than the process of transferring the surplus value of production from small capital to large capital, during which there is no production activity.

By speculating in the financial market to obtain high profits, financial capital is becoming more and more powerful, and finally can dominate the entire real industry with the abundant funds in hand.

But what does this have to do with his precarious little section leader.

If he has time to talk about this, he might as well go and have a pair figure skating session with Miss Adjutant.

"Mr. Du, are you here to talk to me about economics?" Nance picked up a napkin and wiped her mouth, making a gesture of getting ready to leave.

"Young people nowadays are really impatient." Du Xiuxian took a puff of his cigarette and put the pipe aside, "You pick up the information again and open the next document, that's the purpose of my search for you."

Nance picked up the screen again.

The second document, which attracted his interest, was the whole process of the prosperity and decline of Li Qinglian's family.

The Li family's enterprise is a large-scale seed company dedicated to the research of improved grain varieties. At this time, due to the frequent occurrence of natural disasters around the world, the land has suffered serious nutrient loss, and most of the varieties in the past could not survive.

For a long time after the chaos experience, the greatest challenge facing humanity was food shortages.

With

With an improved sweet potato that can adapt to the land ravaged by magic elements, Lee's company began to rise in the 56th year of the new era. Since then, it has rapidly expanded its scale, successively launched a variety of improved fruits and vegetables related to people's livelihood security, such as improved rice, corn, and cabbage, and gradually expanded its research field to animal husbandry products.

Two hundred years later, the food shortage situation has improved dramatically.

However, such a century-old large enterprise that benefited the country and the people and developed thrivingly collapsed in just five years from 260 to 265 of the new era.

- The main culprit is the financial industry.

During that period of time, Li's company was short of working capital because it carried out research in multiple directions at the same time, and Li Qinglian's father, Li Ting, had to go to major banks to seek loans.

However, the bank managers who originally treated him as a guest of honor all let him eat the closed door. ….

Li Ting didn't understand it, but he was helpless.

The company still has to continue to operate, and he thinks about whether to let the company go public to raise funds, but is turned away by the Shin-Yokohama Stock Exchange for various reasons. It's too late to list on other exchanges. In the end, on the advice of an investment institution, he sold some of the company's assets and invested the money in the stock market.

The financial industry, which was supposed to serve entities, in turn coerced the real industry.

Forced by the coercion and temptation of the financial market, the real industry can only seek change and begin to invest more funds in the financial industry.

Lee's company was officially launched.

In the Shin-Yokohama stock market, there is a very hidden "old thousand stocks".

Generally speaking, normal stocks are speculated upwards to attract investment, while thousands of stocks are waiting for a fool to set up, and then the big dealers begin to sell stocks regardless of the cost. This kind of old thousand stocks never pay dividends, and it doesn't matter if the performance is good or not, anyway, the stock price keeps falling.

Li Ting bought this kind of old thousand shares.

In the process of falling stock prices, he was constantly fooled by managers to take over, and in the process of constantly taking over, he was ...... The major shareholder of Lao Qian Shares has initiated the procedure of issuing additional shares to persons acting in concert.

It is not so easy to start a stock issuance elsewhere, but Shin-Yokohama is a very free market...... The major shareholders have the absolute right to speak, and as long as an official letter comes out, they can issue additional issues.

The entire issuance process can be completed quietly within a few days.

Li Ting, who was immersed in research, knew the opportunistic ways in the financial market, and watched as the major shareholders used the money from the sale of shares to re-own the additional shares at a lower price through the additional issuance process, and then began a new round of sell-offs, and the stock price fell again.

Li Ting's equity was diluted.

The stock price fell all the way, and in order to be able to get rid of it, he continued to sell the company's assets and continue to increase his position under the advice of his manager...... This process lasted for more than three years, and under the calculations of a circle of financial tycoons, it is not surprising that the two-hundred-year-old and well-known Li Company can no longer maintain its operations. The remaining assets were constantly embezzled, and after barely two years, they disappeared completely.

Is that the end of it?

Not yet.

Don't forget that borrowing is also part of the financial industry.

As one of the driving forces behind the calculation of the Li family, Inagawa Hui directly extended his claws to the Li family. What they fancy is a few grain seedlings that Li Ting has personally retained that are being studied.

Li Ting owed a butt of loan sharks, but he refused to hand over the data in his hands, and finally moved out of New Yokohama under the pressure of survival.

Li Qinglian also accidentally fell into the hands of the Inagawa Society in the process.

Looking at Nansi's solemn face, Du Xiuxian cut the roast beef, chewed it slowly with taste, and took a sip of wine from time to time. After seeing Nance put the screen down, he said, "The collusion between the local government and financial capital in California has disrupted the flow of money throughout society, which is the biggest reason for the brick-and-mortar manufacturing industry to flee California. And the first reason I came to California was to take the lead in reinvigorating California's manufacturing industry."

"No wonder you didn't come alone, but with an entire caravan." Nance said politely. ….

"Yo, rare." Du Xiuxian put down the knife

Fork, teasing with a smile, "After so long talking, I finally heard you use honorifics to me."

"Whether you succeed or not, having this idea is already worthy of my respect."

Hearing his words, Du Xiuxian gently pressed his temple with his index finger and scolded with a smile: "If it weren't for the fact that my younger brother who is the Minister of Economy, Trade and Industry is about to enter the cabinet, in order to add some political achievements to him, I wouldn't want to come to this ghost place to invest and set up a factory."

「……」

Nance could only drink in silence.

actually thought that capital would find out in conscience, and he was really a little naïve.

Du Xiuxian took his reaction into account, couldn't help laughing a few times, and said in a relaxed tone: "California is the world of Tokyo, and it is difficult for us imperial forces to move here, so it is normal for people not to want to come. But now, it's better, Eveles Group has won the right to operate Kwai Chung Port for 50 years, which is a landmark event for us. We can build a Lingang Industrial Zone around Kwai Chung Port, and each has its own backstage, so we don't have to worry about being harvested by local financial capital in California when it comes to financing. With us taking the lead, more and more brick-and-mortar manufacturing will definitely return to California in the future. If you, the head of the ninth lesson, can't be the leader, it will be easier to enter the assembly line in the future, right?"

"Hopefully." Nance shrugged and filled his glass.

Du Xiuxian picked up his wine glass, took a sip, and said, "The second thing I did when I came to California was to find Li Ting and cooperate with him."

Nance leaned back in his chair and motioned for him to continue.

"I also have an animal genomics research company, which is mainly engaged in the production and sale of livestock, meat and poultry. Lee's is a world leader in breeding research in this area, and I would certainly like to work with him." Du Xiuxian looked into his eyes and said, lowering his tone, "You are currently handling Li Qinglian's case, so I hope you can find Li Ting as soon as possible and protect him." It's about the second and third things I'm going to do, and it's also about the whole livelihood."

Before you know it, there are no guests in front of or behind this table.

All the noise and noise disappeared imperceptibly, and all around was bronze utensils, mirrors, and crystal lamps.

Du Xiuxian's eyes shone with deep meaning, and while pulling the rough oyster shell with a fork and muffling the voice with noise, he said in a low voice:

"The third reason I came to California was to be asked by the Cabinet Ministers to learn about the disaster situation in California and the illegal activities of the major grain merchants behind the disaster. I will report all the information I have to the Cabinet to provide a clear idea of how to deal with the case for the Joint Investigation Team to come soon."

"Why are you talking to me about this?"

Nance was surprised.

Du Xiuxian didn't speak, just looked at him with a strange smile that all men understand.

- Weird lewd smile.

Nance fell into deep thought.

Although he did have the idea of knowing the meaning of the high-level of the empire, this kind of confidential matter, he took the initiative to ask and the other party took the initiative to say, it was two different concepts...... It is impossible for Du Xiuxian to know what he is thinking, so he shouldn't tell the secret, after all, he only came up with the idea last night, and he only has one ......

Wait a minute!

- How many big people do you know as a bad woman, Marlene?.

Fish fish move quickly