"I don't deny this, but just as I believe in the creativity of this nation. I don't think this problem can trap them. Just like more than ten years ago, they relied on abacus... Oh, this is a kind of

Simple, manual calculation tool."

"It's like using abacus to create an atomic bomb. These things that we think are almost unreasonable and impossible, they have done it, no, it should be said that they have done it! Then why can't I believe it anymore?

They once?"

Carter raised the wine glass in his hand with a smile on his face:

"When we invest, isn't it our favorite thing to buy at the bottom? Among a group of companies that appear to be weak or even on the verge of bankruptcy, we find those companies with good fundamentals and good potential to invest in in order to get the maximum return."

"The same is true for the country. When the time comes and I have some spare money, I am willing to take a gamble on China! If their development is really as I said..."

"How much do you think I can get in return?"

"The atomic bomb was not aided by the Soviet Union...Forget it, I admit that you are right! The return on investment in a country is indeed much greater than that of some scattered companies. When I have the opportunity in the future, I think I will go to China

, go and see if it is as good as you say!"

Jim wanted to retort to Carter, but after thinking about it, he felt it was unnecessary...

After all, no matter how they argue now, these two have never been to China. Without investigation, they have no right to speak. Compared to himself, Carter seems to have a deeper understanding of China at the moment.

Arguing hastily and with a white face was not Rogers's style. So, although he still felt that Carter was a bit idealistic, Jim gave up the idea of ​​dissuading him and turned around to ask another question:

"In less than a month, you'll be on summer vacation, right? Do you have any plans?"

"Not yet, do you have any ideas?"

"I kind of want to go to the beach. How about Hawaii? When you have a holiday, we can go there together."

"Okay, no problem. When I'm on vacation, I'll call you to make an appointment!"

···

···

"Uncle Goodman, please do me a favor. Contact Dongfeng Express and ask them to send two cars to New York to help my friend move. The address is here..."

In the afternoon of the next day, Carter, who had just returned to Douglas, started making arrangements to help Lao Chen and his family move.

"Okay, I understand. Why did it take so long this time?"

Goodman glanced at the address. It was just a trivial matter and not something he was serious about, so he agreed casually.

"Something happened temporarily and I visited some friends, so I stayed for two more days. By the way, I should go to Hawaii during the summer vacation. I'll leave it to you at the bank then. What's going on these days while I'm away?

Happen?"

"I know I can't expect you to just stay here..."

When he heard that Carter was going to leave the house and run away again during the summer vacation, Goodman was a little speechless, but his expression seemed unperturbed. What happened once was familiar again, and this time Goodman was already very familiar with this operation, so it was natural that there were no worries.

"It's generally stable recently. Mr. Genas called yesterday. The contract for the equipment purchase of the processing plant has been finalized. When the factory is completed, the equipment can be brought directly to the site, and technical personnel are also being recruited."

"Are there any difficulties recruiting?"

"It's not a big problem. Memphis is a metropolis after all, and there are still talents. Coupled with the current unemployment wave, recruitment is not that difficult. It's just that here, the manager position at Dongfeng Express can't always be vacant, right? It's still in the training stage.

Well, after the construction of the factory and cold storage is completed, how will the leaderless company complete its tasks?"

“Is it easy to find managers?”

Carter was packing his luggage and asked casually while packing.

"It's not easy to find. Managers themselves are not particularly prone to unemployment. Secondly, our location is still too remote. Some interested people are reluctant to come when they hear that they work in Douglas. After all, Dongfeng Express has not yet started.

People don't feel comfortable coming here to generate revenue, and are worried that the company will collapse within two months."

"Okay, I understand. I'll go back and think of a solution. Is there anything else?"

He took out the suit from his bag and put it aside. Carter took out the stack of store replacement agreements:

"By the way, this time in New York, I changed a store. It's a two-story building in lower Manhattan, with a single floor area of ​​about 200 square meters. I'll find someone to go with the moving truck later, and I'll help you sublet it out.

, this turned out to be a restaurant.”

"How did you come up with the idea of ​​buying a store in New York?"

After receiving the agreement from Carter, Goodman once again saw Carter's unusual brain circuitry. Unlike many domestic companies that hope to move to big cities, many large companies in the United States are often local snakes.

.

Even the financial industry cannot escape this flavor. For example, the famous Fidelity Investment Group is still headquartered in Boston. It just doesn't go to New York or Chicago...

Therefore, Goodman couldn't understand what Carter meant by opening a store in New York at this time. This geographical location is so far apart, so far away, what is the use of this store?!

"To be precise, I didn't buy it, I exchanged it. Didn't Rob compensate me with a shop? I used that shop to exchange..."

"That's okay. That shop costs 300 square meters per square meter in exchange for a building area of ​​400 square meters in New York. It's a profit..."

"Plus a home!"

Goodman:...

There has never been a moment when Goodman had such a profound understanding of the phrase "without comment without knowing the whole picture" as he does today.

"By the way, you just said, is there anything else?"

"Also, the commercial loan interest rate in the market has exceeded 20%, and the federal funds rate has fallen, but it has also stabilized at around 13%. This is a very bad sign. If you watch the news these days, you should be able to see that it has

Someone organized to demonstrate in Washington!"

Goodman seems worried. Although commercial loans usually have shorter cycles, he still feels that the 12% interest rate for housing and commercial mortgage loans that are being continuously issued is a bit low in comparison.

If the interest rates in the market remain high, then they are actually losing money with this interest rate!

When Carter originally set an annual interest rate of 12%, Goodman was a little hesitant because the inflation rate during the same period was already similar to this value, or even slightly higher.

But now, the inflation rate has almost climbed to 13%, and there is no downward trend at all. Emmm, it is not said that it can not be seen, at least the growth rate is slowing down, a discerning person can see it.

But just slowing down the growth rate does not solve the actual problem. Even if the inflation rate is 13% and the annual interest rate is 12%, it is actually a loss. Even if the book looks like a profit, in fact, the two banks control

On the contrary, the purchasing power of money is declining.

In this environment, the more loans you lend, the more places you will lose money.

"It's a good thing. This shows that Volcker is still very reliable. In another two years, inflation will be brought down!"

"I admit that in the long run, this may be a good thing! But for us right now... this is not good news, Carter!"
Chapter completed!