Chapter 404 The United States in the 1990s was not out of reach
After hearing this, Wang Qiang already understood: "China is all engaged in industry. China has a large population and many mobile phones and game players. Then the biggest beneficiary of the invention of the Internet is actually China!"
Su Su smiled and said, "Yes, the United States does not have enough industry and population to leverage the advantages of the Internet. The "Made in China 2025" proposed by China now is to realize the production of Internet information CNC in 2025 - in fact, it has been realized now. Last time, there was a documentary "Glorious China" that broadcasted thousands of robots shipped by the express company. There were also only six people in Shanghai that were digitally operated. However, many Chinese people in the 1990s were stupid enough to even distinguish between computers and TVs. Who would have thought that China would become the biggest beneficiary?"
Wang Qiang nodded: "But chips, the United States should have exploded during this period."
Su Su sighed: "This is unquestionable. The United States has rapidly expanded the advantages of electronic chips at this time. Not to mention the monopoly of products, the benefits of patented intellectual property alone are unimaginable for ordinary low-end industries - which is what I said before. If software programs in other countries want to be compatible with their products, they must pay a lot of money, called the service industry! This income is to share dividends and make money while lying down."
"Then the United States proposed the concept of a new economy in 1996, which is a very high-end life science and technology, new energy technology, new materials technology, space technology, marine technology, environmental technology and management technology. It is known as the beacon of mankind. It is simply shining brightly!"
Wang Qiang was extremely unhappy: "It is not necessarily that there is any breakthrough in their life sciences, nor does it require them to refine a elixir of immortality. At least can it be cured by anti-cancer and AIDS? New energy technology is to burn gas? Space technology is to all space shuttles laid off, and the drawings of the moon rocket cannot be found?"
Susu laughed: "It's still a slogan that must be shouted in a slogan. That's right, when the United States determined the dominant position of the petrodollar, the United States rushed on the road of deindustrialization and globalization. The overdevelopment of the financial industry and excessive profits absorbed the best talents and educational resources in the whole society. Any university in the United States regards finance as a major subject, and the science and engineering textbooks of American universities are even more terrible. Only the level of physics textbooks in high schools in China, and most of the science and engineering courses are non-white. The creativity and productivity of the United States have begun to seriously corrode."
Wang Qiang browed wildly when he heard this: "Don't underestimate high school physics! Chinese high school students are actually the peak of a person's intelligence throughout their life! College students will immediately become poor students when they travel back to high school!"
Su Su smiled and said, "In short, although the United States made rapid technological progress in the 1990s, and took a small step to overcome the development of ordinary countries for decades, this "fast" was simply inconsistent with the United States' status at that time. Especially with the collapse of the Soviet Union, the United States without an opponent immediately stopped burning money and unable to see the benefits... So, the United States does not understand the principle that good and bad are dependent on each other and foreign patients will die invincible."
Wang Qiang suddenly realized: "That is to say, the 1990s in the United States were actually stagnant?"
Su Su said in a deep voice: "Yes, the cycle of history has expanded unprecedentedly! Even if everyone understands the great principles, the idea of 'leveraging the hard work of scientists to others, I will go to Wall Street to get a high salary' is filled with the hearts of most young Americans."
"So the United States eliminated the Soviet Union, just like Spain eliminated the Inca civilization hundreds of years ago, and obtained a huge amount of gold, silver and a large amount of land. Spain did not lead the industrial revolution of the steam engine, but embarked on a path of financial lending. As a result, after the steam train appeared, Spain was the last track laying among the European powers, which was extremely ridiculous!"
Wang Qiang immediately understood: "So it is completely logical for China to catch up with the United States in technology in the next decade!"
Su Su sighed: "Yes, since 2007, China has demonstrated mid-term anti-missile and satellite technology under the pressure of the United States to show a warning - this is the concept of Star Wars that the United States fooled the Soviet Union. The United States itself cannot guarantee that it will hit every shot! Then, from the public debut of China's stealth fighter jets in 2011, to the burst of high-end equipment in 2015, all of which are the results of China catching up with the pressure of a strong enemy. The so-called peak glory of the United States in the 1990s is just like the Western world's pretentious and flattering, it seems powerful and hopeless, but it is not out of reach!"
Wang Qiang immediately understood: "One is corruption and the other is catching up. The gap between the two sides only requires one or two financial wars to narrow the economic gap!"
Su Su smiled and said, "Yes, but that's something more than ten years later. Now the road still needs to be taken step by step - the time is 1994, which is when China, whom we just said, directly depreciated the exchange rate of the US dollar to RMB to 1:8 and frantically introduced foreign capital to promote exports. At this time, the United States is busy trying to mess with Russia and digesting the achievements of the former Soviet Union."
"This is also the time when the "Platform Agreement" signed by Japan in 1985, which had gained yen appreciation for ten years was about to expire. The blood-sucking financial groups began to withdraw one after another. Japan will usher in the second combo of the financial crisis in 1995 after the collapse of the bubble in 1990! Anyway, Japan is used to it. These international hot money withdrawn from Japan have found new blood-sucking targets - Southeast Asia and the Four Little Dragons!"
Wang Qiang browed: "This is what I said just now to kill a pig!"
Su Su smiled and said, "Yes! Both China and Japan regard Southeast Asia as their backyard. Japan also successfully established the Japanese yen zone in Southeast Asia during the Vietnam War. This is something that international financial groups cannot tolerate. Now that Japan has been defeated, it has begun to eradicate the roots and wipe out the peripheral forces of the Japanese yen zone. At the same time, it also further compresses China's peripheral space."
"Before 1994, the US dollar depreciated, and the four little dragons depreciated with the US dollar. Their exports were very comfortable and they were once very superior in front of China. Now, China has directly depreciated the exchange rate to 1:8 and started to grab export business, and their good days are over."
Wang Qiang was happy: "Can it be that the depreciation in 1994 or China has calculated the right time?"
Su Su smiled and said, "Who knows? Maybe it's a historical coincidence? In order to show off, the four little dragons took the lead in announcing to the world that they have entered developed regions. According to the standards of developed regions set by the United States, the market should be open and finance should be open. You can imagine below! A large amount of international hot money enters their real estate market and stock markets, pushing their bubble up wildly, and then causing inflation. Brother Qiang, what should you do if it is?"
Wang Qiang was confused: "Brother just wants to listen to the story. Do you have to let international capital enter the stock market and the real estate market? Isn't it okay to do some serious business?"
Su Su laughed: "It's up to the point. To put it bluntly, the Four Xiaolongs are just an OEM factory, and they don't have their own unique and unique industry. Why should international capital invest in an OEM factory?"
Wang Qiang said angrily: "Office factories will be replaced at any time, so I can pretend to be yarn. If there is inflation, it means that there is more money and less things. Should I find a way to get money out of the market - let money enter the bank?"
Su Su said with relief: "Congratulations to Brother Qiang, you graduated from the third grade of elementary school in the last semester! The way to get money into the bank is to raise interest rates. It is unattractive to not raise interest rates. So Brother Qiang will notice a common phenomenon: as long as the central bank announces interest rates, the stock market and real estate market will fall."
Wang Qiang was happy: "It's the big move that the Federal Reserve raised interest rates and allowed funds to flow back!"
Su Su smiled and said, "Yes, the principles are the same. However, you need to be cautious when hiking interest rates. Even the Federal Reserve must be time, place, people and figure it out accurately. Otherwise, the consequence of hikes is that more interest rates are given, and the more debts you owe. The four little dragons have no choice but to raise interest rates, so more international hot money comes to pay for interest rates, and the more foreign debts are in these countries and regions!"
Wang Qiang browed: "Exports are blocked, inflation, and foreign debts are getting more. Is this the rhythm that needs to be completed?"
Chapter completed!