Zhao Shiheng took the information he had compiled and took a special car from the General Administration Department to go to the Qianqing Palace.
He came to Qianqing Palace, and after being notified by the eunuch in charge, he got the opportunity to be summoned by Emperor Su He.
Zhao Shiheng lowered his head and followed closely behind the young eunuch. He approached Qianqing Palace quietly.
After he entered the Qianqing Palace, he did not dare to look up carelessly, and still walked with his head lowered.
He concentrated his hearing and listened to the sounds around Qianqing Palace.
Emperor Su He and Prince Su Shu were discussing issues.
He glanced at the Qianqing Palace with his peripheral vision. There were only the emperor and the prince and his son, and no other ministers.
When Zhao Shiheng saw the eunuch stop, he immediately bowed and saluted: "Zhao Shiheng, Minister of General Affairs, pays homage to His Majesty the Emperor and His Royal Highness the Crown Prince."
Emperor Su He said in a gentle tone: "Ping Shen."
Zhao Shiheng then straightened up, still highly nervous. He held the collected information in both hands and stood aside.
Emperor Su He continued to ask: "Zhao Aiqing, I am very interested in your statement that the empire's foreign trade of goods hides major risks. How do you judge the risks of foreign trade?"
When Zhao Shiheng heard Emperor Su He's question, the nervous look on his face immediately disappeared.
This is exactly the conclusion he got from analyzing the data he saw.
If it were other questions, he would need to think for a while before answering. This question did not require thinking at all.
"Your Majesty, I work in the General Affairs Department, and I am usually responsible for sorting out statistical data from various local government offices.
When Chen was analyzing customs data from various places, he discovered an unusual fluctuation.
The empire's steam-powered ships traveled from the Southeast Asian region to Europe via the Suez Canal, and the one-way journey took about three months.
With the rise of imperial shipping and the development of long-distance communication technology.
Imperial merchants had a more accurate grasp of the demand for European goods.
The foreign trade data of the year before last showed a monthly growth rate of 8%.
By February last year, foreign trade data began to plummet.
The data for October last year was already less than one-third of that for October the year before.
This kind of product goes against the norm and the reason for the sharp decline is definitely not a normal phenomenon.
I believe that this situation can only occur due to natural disasters or man-made disasters.
I know merchants who often engage in maritime trade. There have been no large-scale disasters in Europe. It is not natural disasters that have affected commerce.
Then only man-made disasters remain.
What can be easily solved is the occurrence of war in the local area.
But this situation is obviously not a war.
If a war breaks out, the export data of food, steel, and ordnance will skyrocket.
I also learned from local businessmen that there was no war in Europe.
Instead, various European countries formed an alliance to exclude the empire's goods from entering Europe.
The businessman I asked about does not know the specific inside story.
I am thousands of miles away, and I don’t know exactly what happened in Europe?”
After Zhao Shiheng said this, he paused and observed Emperor Su He's expression.
This was the only thing he didn't do well.
He found friends in the Ministry of Foreign Affairs, but they didn't know what the specific situation was in Europe.
Due to his status, he could not go to Chu Sheng, Minister of Foreign Affairs.
Master Chu will not pay attention to a little person like him.
Zhao Shiheng continued to talk about the key points of this matter.
"Your Majesty, I don't know the specific reason, but I can deduce the harm of this matter.
The empire's industry has been expanding and producing a large number of industrial products.
Among them, steam engines, various types of machinery, tea, cloth, matches, candles, bicycles and other commodities were exported to Europe in large quantities.
With the sudden drop in demand in Europe, factories that produce these products see the backlog of products in warehouses and have no choice but to sell them at reduced prices.
The essence of this matter is that there is too much backlog of goods, which cannot be digested by the existing market.
For example, steam engines and their related industrial chains are being put into production one after another along with diesel engines and gasoline engines being tested.
Except for promising steam engines such as steam turbines, most steam engines will be eliminated.
But as Europe was able to produce its own steam engines, the imperial ban on steam engines in Europe was lifted.
The survival of these steam engine factories depends entirely on orders from Europe and vassal countries.
Nowadays, a large number of factories, represented by steam engine factories, have experienced a sharp drop in foreign trade orders and serious product backlogs.
These products cannot be sold in the empire even if the prices are reduced.
However, for goods in categories such as cloth, as long as merchants choose to reduce prices, the price reduction will be very large, and these goods cannot be sold.
But as these foreign trade merchants cut prices, they directly drove down the prices of related products.
In order to survive, these merchants will not care whether the price of the goods is lower than the cost.
They just want to sell the goods in their hands as soon as possible and collect funds to survive.
This will cause a chain reaction after all.
This caused the empire's commodity prices to plummet, eventually forming a terrible storm. Except for the companies under Shaofu, which have high risk resistance capabilities.
Few private companies can survive this storm."
After Emperor Su He heard this, he said with emotion: "If this kind of thing really breaks out, it will be an economic crisis.
Once an economic crisis breaks out, it will inevitably damage the empire's strength.
Economic crises are caused by the backlog of goods or the accumulation of debt, and the market's natural adjustment behavior.
But when the economic crisis really breaks out, the power it displays is terrifying to think about.
As long as people are greedy and businessmen are still chasing profits, economic crises will inevitably break out.
But we can use various policies to prevent the impact of his sudden outbreak on the empire, or find ways to slow down the outbreak of the economic crisis."
Zhao Shiheng immediately praised: "Your Majesty's name is very accurate, this is the economic crisis.
Through mathematical calculations, I can predict the damage caused to the empire by the outbreak of the economic crisis.
But many businessmen are still confused.
They have no idea that the crisis is just around the corner.
Your Majesty has seen clearly that the economic crisis is bound to come.
But we can use various means in advance to reduce the harm caused by the economic crisis.
For example, when a typhoon strikes, people are told to hide at home and repair their houses in advance.
Prevent people's houses from leaking, or people walking outside and being injured by things blown up by strong winds.
The court must make preparations in advance, but I have some humble opinions."
Prince Su Shu saw his father and the new champion talking about conceptual things like the economic crisis.
He admired him very much, he was worthy of being the number one scholar who could break through the siege in the imperial examination.
His father told him before that he was just above average.
His father's greatest expectation for him was to protect the country and make no mistakes.
Prince Su Shu was a little angry before, but after seeing Zhao Shiheng's performance.
Even if he refused to admit defeat in his heart, he could see that his IQ had been crushed.
If you find a problem and can immediately come up with a solution, you are a wise person.
A more genius person would have discovered the problem before it broke out and thought of a solution.
There is indeed a big gap between him and these real geniuses.
Prince Su Shu had just been depressed for a while, and then he regained his composure.
He thought of what his father had said: those in high positions must learn to control their subordinates.
The ability that should be cultivated most is to be a good Bole and make good use of talents.
You need to know when to rely on merit and when to rely on nepotism.
When Emperor Su He saw the look of Prince Su Shu, he knew that he had done the right thing.
After Prince Su Shu's experience during this period, he performed very well and was indeed talented in governing the country.
Emperor Su He taught him seriously since childhood, and Prince Su Shu never grew crooked.
The only shortcoming is that he feels that he is the most powerful young man and looks down upon everyone in the world.
Emperor Su He was shocked when he saw Zhao Shiheng's memorial.
If the contents of Zhao Shiheng's memorial were not very immature, some of the discussions on the economic crisis would be completely wrong.
He almost thought that another time traveler appeared.
Zhao Shiheng, the new champion, is a genius with very keen senses.
Emperor Su He had comprehensive information and believed that an economic crisis was coming.
The empire now has a prosperous commodity economy and fragile industry and commerce.
Really unprepared to go through this economic crisis.
A few people will make huge profits, and most people will suffer heavy losses.
The industrial chain that the empire has finally cultivated will instantly return to ten years ago, and even if it takes twenty or thirty years, it may not be able to recover.
Emperor Su He is preparing to make up his mind, which method to use to solve the economic crisis?
He saw Zhao Shiheng's memorial and immediately thought that this was a rare talent.
Emperor Su He asked Prince Su Shu to observe the show, intending to use Zhao Shiheng's wisdom to hit the confident Prince Su Shu and make him understand the gap between the ultimate and true genius.
Prince Su Shu was on guard in his heart. He would not trust anyone easily to prevent the future emperor from being deceived by his ministers.
Emperor Su He was also very curious about Zhao Shiheng's method to alleviate the economic crisis.
The method he learned was to start the money printing press and increase the liquidity of money by releasing water.
Rely on slow inflation to cover the debt caused by the economic crisis.
Let people feel that they have money and dare to continue spending.
This is the method of the credit currency era.
Nowadays, gold and silver-based currency and banknote printing require gold and silver as a deposit.
Banknotes could not be exchanged for gold and silver, and they soon became almost useless paper like Ming Dynasty banknotes.
This method of diluting debt by printing money can only be thought of.
Unless the empire discovers a huge gold mine that is rare in the world.
The only feasible way is to transfer the crisis.
The only feasible way now is to divert the crisis through war.
Once a war breaks out in the empire, the commodity market will inevitably be regulated.
Without the free circulation of goods, the economic crisis will stagnate.
As long as a great victory is achieved, the cost of the economic crisis will be transferred to the defeated country.
Through war, whether before or after the economic crisis, the costs of war can be transferred.
Emperor Su He hesitated before. He waited for the economic crisis to show its power, and then launched a war at the request of the people.
It is still necessary to launch a war beforehand and try to preserve the vitality of the empire's industry.
This method can preserve the vitality of the industry, but it will also make the industry uneven.
For example, the steam engine industry that will be eliminated will still occupy the mainstream and affect the promotion of gasoline engines.
When Zhao Shiheng heard Emperor Su He's question, he looked a little nervous.
His arms were trembling a little, and he handed the large package of information to the little eunuch next to him.
Zhao Shiheng said excitedly: "Your Majesty, the economic crisis is an extremely complex issue.
Complex problems cannot be solved with simple methods.
After studying this issue, I gave different suggestions for different industries.
There are some industries that are extremely important and worth saving.
There are some industries that need to be left alone, and as long as there are no major problems, the court should not get involved.
The remaining unimportant industries do not require attention at all, and whether they disappear will not affect the development of the empire at all."
Emperor Su He motioned to the young eunuch to hand over Zhao Shiheng's information.
The little eunuch opened the information box and took out the information one by one. After careful inspection.
He confirmed that the information was safe, and then handed it to Emperor Su He for viewing.
Emperor Su He looked through the information prepared by Zhao Shiheng.
He divided the empire's current industries into three levels: important, ordinary, and unimportant.
After Emperor Su He briefly looked through it, he asked: "Zhao Aiqing, briefly explain your thinking."
Zhao Shiheng saw the smile on Emperor Su He's face.
He has collected information in the past few days, paid a lot of favors, and learned about the specific situation in some areas.
Working all night long has finally yielded results.
Zhao Shiheng said excitedly: "Your Majesty, when the economic crisis breaks out, the entire industrial chain of the imperial industry will be affected.
I believe that different industries also have priorities for the empire.
The industry that has been hardest hit by the economic crisis is the newly emerging banking industry.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Banks play a vital role in the economic development of the empire.
People have a lot of money in banks, many of which are their lifetime hard-earned money.
If banks go bankrupt one after another, this will directly affect the mood of the people. The affected company owners will choose to abandon their factories one after another to protect themselves.
The textile industry is extremely important, and its upstream is the cultivation of imperial cotton and linen.
A large amount of cotton was consumed, which was crucial to the stability of the empire's Ili and other provinces.
Downstream related cloth printing, dyeing and sales.
There are a large number of workers employed in the entire industrial chain, and they are female workers with extremely low risk resistance.
The relevant companies are also private enterprises with weak risk resistance capabilities.
Once the textile industry collapses, a large number of related companies will go bankrupt.
The steel smelting industry, the leader of this type of industry, is basically in the hands of the Shaofu.
Their ability to resist risks is extremely strong, and even if they are hit by an economic crisis, their performance will not be too bad.
The last industry is an industry like steam engines.
These industries have gone into the sunset, and they have been completely abandoned by the times.
It is not worthwhile for the imperial court to spend a lot of money to save these industries that have made little contribution to the empire and are basically on the verge of being eliminated."
Zhao Shiheng finally concluded: "Your Majesty, this is a simple summary.
Industries that are extremely important to the development of the empire, industries with outstanding potential, and labor-intensive industries.
These industries all need the empire to find ways to preserve.
Especially the last industry is very important.
A large number of workers who are obedient, understand simple words, and can cooperate with each other are laid off.
If they cannot survive, they will choose to rebel.
The empire will need to pay a greater price to quell the rebellion."
Emperor Su He said with satisfaction: "Zhao Aiqing, you are right.
But I think there is a simpler way to temporarily solve the economic crisis."
ps: Recommend a friend's book "Donglin is Reliable, the Emperor Will Climb the Tree".
Travel through the emperor's farming literature and reform the Ming Dynasty from top to bottom.
With nearly one million words, the book is fat and ready to be slaughtered.
