Chapter 657 Analysis
Praise you? Why? You guys who don’t even know how to give gifts.
"What do you think about the main direction of the United States' next rescue?" Feng Yiping asked.
"I think it is highly likely that tax cuts and other measures will be used to revitalize manufacturing and increase industrial exports," said a thin-faced man.
It can be seen from the badges on his suit that the gentleman who first expressed his opinion was from ICBC.
No one has any objection to his views.
This is not a very difficult conclusion. Given the big mess that Wall Street has caused, and in order to avoid repeating the same mistakes, reduce the US economy's reliance on the financial industry, increase the weight of other industries in the total economic volume, and revitalize manufacturing, it is a very realistic choice.
"Will everyone think that if the United States takes such measures, will it effectively promote the US economy to improve?" Feng Yiping asked, "We all know that there are many measures to stimulate economic growth. Will this possible choice of the United States be the optimal solution?"
Sure enough, your boss Feng is going to turn the topic to the aspect you want to talk about again.
Although they may just want to make money quickly, the four state-owned banks inevitably play other important roles in the national economy, and it is their political responsibility to cooperate with the country's economic policies.
Because of this, they will naturally understand the stimulus plan being formulated. At present, there is no focus on improving the manufacturing industry in the plan.
This seems a bit strange. Why can everyone directly draw conclusions to boost manufacturing industry in response to the problems encountered by the United States, but when facing our own problems, they feel that this is not necessary?
Could it be that our manufacturing industry is stronger than that of the United States?
There are many people who don’t care about shame, but even those people are not good at saying loudly that our manufacturing industry is better than the United States.
At most, they can only say that from the data, our manufacturing industry is larger than that of the United States.
Big, but not strong, this is the reality of our manufacturing industry.
Not to mention traditional high-tech fields, such as precision equipment, or large aircraft that can reflect the highest level of a country's manufacturing industry, just say that we now look like we are developing well with interconnected high-tech companies. How many of the essential chips are we able to design, produce, and not rely on imports?
If we can make breakthroughs in these fields, how much promoting effect can these breakthroughs bring to our manufacturing industry and our economy?
"In response to the possible stimulus plan of the United States and our current situation, everyone thinks whether we need to make some changes or is there any need to make some adjustments?" Feng Yiping asked further.
If you say this, isn’t the answer self-evident?
Feng Yiping didn't expect them to immediately express their support, "These days, I have been discussing this issue with my colleagues. We unanimously feel that if we continue to develop according to the current trend, the future will be really not optimistic."
"Maybe, for a period of time, our profits will not be wrong, but in the long run," he shook his head, "If it continues like that, it may not matter for the long term."
"Take the United States as an example. Based on my understanding of the United States, many companies will compete with some companies that are not related to their main businesses when they develop to an extremely high level, such as Microsoft and Apple, Google and Microsoft."
"But according to the current domestic trend, how can they compete with each other when they develop to the level of Microsoft and Google?"
"Maybe in a few years, our 360 companies, regardless of their level or strength, will compete, or they will be unified by an industry," said Dr.
"Whether they are engaged in the production of Internet cars, computers, mobile phones, shoes, clothing, pickles, food, wine and beverages..." Feng Yiping counted with his fingers, "They will eventually enter the real estate industry and move bricks to build houses," he said.
Many people exchanged a tacit look at this time, and it was true!
However, Feng Yiping's seemingly absurd statement may really become a reality, or rather, be becoming a reality.
As far as they know, many representative companies in these industries mentioned by Feng Yiping have already had several real estate projects under development.
"What does such a future mean?" Feng Yiping asked and answered himself, "That means that real estate will become our absolute pillar industry,"
He knocked on the podium, "A country with a population of 1.3 billion, the absolute pillar industry is real estate,"
"It seems like this is inevitable?"
"But, is this inevitable worthy of our pride? Will it make us happy?"
"What does it mean to us if we all jump out of each other's career nest and look at such a future from the perspective of ordinary people?"
"Those stakeholders who have core resources will hope that housing prices will rise. By then, when we are born as human beings, we naturally hope to have basic needs for our own space, which may become an out of reach dream," he said.
"A house that can be guaranteed to live and work in peace and contentment will become an unbearable burden in the lives of many families."
"I really hope that my words would be exaggerated and alarmist, but unfortunately, in some cities, such concerns are becoming a fact step by step,"
"And such a region is showing a rapid expansion, and this trend seems to be getting worse,"
"All of course are all high-income groups, but even for you, buying a real estate in our first-tier cities now is a very important decision for all families, an investment that is not easy," Feng Yiping of course knew that this was based on the premise that these positions present were all upright.
But it may actually be that these guys and their families, the only problem at this time, is how to become the actual owner of another high-end property without provoking ideas.
I have used my third aunt’s ID card last time, so is it the one who uses my sixth aunt or my seventh aunt this time?
Because there is no real estate company that does not require bank financial support. It is a good thing that many real estate developers dream of.
Everyone present showed that this is true. We are now burdened with a house in first-tier cities in China, and we are really not relaxed.
Feng Yiping immediately turned the topic back, "This future is also a future that is not friendly to our real economy such as manufacturing, especially," he said.
“The high real estate prices may even lower our advantage in human resources costs,”
"Because the United States looks to be sure to take all-round boosting measures for manufacturing, and our innovation and upgrading of manufacturing will not only not have strong support, but will passively increase the burden on them. The gap between our manufacturing industry and the world-class level will only become larger and larger," he said.
“Our industry competitiveness will generally decline,”
"...The recession in manufacturing and the real economy will inevitably directly affect employment and people's income. People's income growth is difficult, and consumption is naturally difficult to effectively increase..."
"Then by then, my main customers may only be real estate,"
"From the long-term development, I think you will not want to see such a situation,"
Everyone knows that such extreme situations should not happen, but when you think of such extreme situations, it means that the situation may be dominated by their customers, that is, the subject and the guest are dislocated, so they really can't feel relaxed.
At the same time, such a situation naturally inevitably means that people's savings have been greatly reduced, because after buying a house, how can we still have money to save?
Such a situation naturally means a huge bubble. For their banks, it is the risk of huge bad debts... It seems that it is not the future we want?
"We all know that now, all walks of life in China are summarizing the lessons learned from the US financial crisis as if they are following the trend, but unfortunately, we seem to be selectively turning a blind eye to the cause of this financial crisis," he said.
"I turned a blind eye to the experiences of so many people in the United States who have suffered huge losses due to investment in real estate,"
"The reason why so many Americans suffer losses is because they believe that the United States' real estate prices will always rise. Faced with such a wrong concept, many of our people not only do not wake up, but still regard this as an iron rule..."
"But everyone, everyone else can ignore these things. If we ignore them, should we? Is it OK?"
His voice echoed in the conference room, but no one answered his questions.
Chapter completed!