Rewrite the Technological Landscape

Chapter 1012 Hidden danger of high debt

Meng Qian took his seat after finishing the phone call. Just now, he stepped forward to talk to Meng Qian, and the politician named Malthus spoke again, "I heard that everyone is already talking about the integration of standards today?"

Everyone looked at Meng Qian in unison, Meng Qian didn't mind, and nodded calmly, "The standards are not uniform, and there is no way to advance the cooperation in the future. Naturally, this issue must be discussed first."

Malthus made a ignorant look, "But as far as I know, the standards led by Huaxia are limited to a few industries. After the comprehensive global cooperation, how will more past standards be connected? No trouble?"

"Standards are not immutable. They can be optimized and changed according to the changes of the times. Mr. Malthus doesn't have to worry too much."

"I see. It seems that everyone's communication is really smooth. Then I have a question to ask Mr. Meng."

"you say."

Malthus always had that kind look, "Technology has penetrated into various fields now, but what you are talking about together is mainly the future direction of technological development among enterprises. What about the development of technology as a whole? We are thinking recently that in the later period, we will be in the United States. We are planning to carry out several large technology projects. Now that the technology companies of Huami and China are about to start a new era of cooperation, can Dafeng Group and more Huaxia technology companies help us build these big projects together? Woolen cloth?"

Meng Qian looked at Malthus with kind eyebrows and kind eyes, and pretended to think for a few seconds, "As long as everyone really cooperates, as long as there is money to be made, of course we will not let the order go, but I don't know what specific projects are there?"

"People's livelihood and employment, aerospace, medical and health, will involve many fields. Let me tell you the truth, we have a plan for technological transformation. If we have the help of Dafeng Group, the efficiency will definitely be higher."

Meng Qian noticed that the expressions of some entrepreneurs began to change, and then asked, "The United States is a big country in science and technology, and it is a strong country in science and technology. It will cost a lot of money to carry out a comprehensive technological transformation involving all fields."

"10 trillion yuan." Malthus couldn't help but become proud. "Mr. Meng thinks it's enough for a preliminary plan?"

Meng Qian's expression became a little gloomy unconsciously. Although Malthus didn't say how many years, this number is somewhat exaggerated.

Malthus took the initiative to explain, "I also emphasized just now that technology has entered various fields, and this major transformation is also aimed at various fields, so such a number is necessary."

The expressions of more entrepreneurs became complicated. Meng Qian really couldn't come up with the data for a direct confrontation for a while. It is impossible for Dafeng Group to have such a big hand, and Huaxia may not have such a big hand.

When there was some silence on the scene, a voice suddenly appeared, "Mr. Malthus, don't joke about the financial crisis."

When everyone heard the reputation, they saw Newberg of the mutual fund, and beside Newberg was Sun Xiaojing.

Roy Newberg met Meng Qian during the financial crisis and decided to invest in Mr. Meng. Soon after, he left this world as he did in his previous life. His son continued his career, perhaps Roy Newberg Ge is too legendary, and everyone is used to addressing him by his surname, directly calling him his son Newberg.

Also because of Roy Newberg's recognition of Meng Qian, their family later became Meng Qian's very important allies on Wall Street.

Malthus, who saw Newberg, was displeased for a moment, but quickly adjusted his state, "Mr. Newberg is here too."

"Thanks to Mr. Sun, I have the opportunity to come over for a game." Newberg stepped forward to greet everyone.

There was already a seat on the table for Sun Xiaojing, but not for Newberg, but someone suggested adding a chair, and Newberg followed suit.

After a few simple greetings, someone asked, "Mr. Newberg just mentioned the financial crisis. I don't know what he means?"

"Everyone, our employment rate has increased in the past few years, and the stock market has performed well in many fields except technology stocks, but have you seen what is behind this?" Newberg glanced at the crowd and saw that no one answered. Just ask yourself and answer, "We have increased our debt by 8 trillion yuan in three years. Three years ago, our debt was 20 trillion yuan.

And what is certain now is that this debt will continue to rise in the next year, and it is very likely that it will exceed 30 trillion yuan in 2020.

In other words, the debt exceeded 10 trillion in just four years. Throughout history, do you remember when such a thing happened?

The essence of economic recovery in exchange for high debt is the same as that of housing prices driven by high debt. Behind it is a financial crisis that may avalanche at any time. "

"A few days ago, I saw that Soros also talked about this matter in front of the media, and he was also very worried about the surge in financial risks in the past three years." Someone added.

"Yes, I have also discussed this issue with Mr. Soros. The high debt in a short period of time will take a while to digest rationally. At this time, the most fearful thing is to continue to maintain such a high debt rate, and then something will happen. .

People in the world can joke that we in the United States borrow money and print money at will, but we must be clear in our hearts that within a certain range, we do have a little financial privilege, but once it exceeds this limit, there will be trouble sooner or later. No one can endlessly squander.

In the past three years, global inflation has become an international issue of great concern. Now the finger is pointed at us, and the international trust in the dollar has dropped a lot. I even heard that "Newberg turned his head Looking at Meng Qian, "During the online exhibition before, some users proposed to use digital soft sister coins for settlement. "

"Someone did mention it, but they didn't do it in the end." Meng Qian simply stated a fact, and didn't explain why he didn't do it.

Newberg shifted his attention from Meng Qian to Malthus, "So I just heard Mr. Malthus mentioning the 10 trillion yuan, and my heart trembled. I think, except for debts, it is impossible for us to get it now. Ten trillion yuan? Even if you extend this cycle to 5 years, or even 10 years.

So, Mr. Malthus, can we afford another global financial crisis? "

"Would Mr. Newberg be a little bit too worried?"

"We are dealing with the market and users every day." Newberg's expression is full of I don't understand, but you understand, "You don't even need this 10 trillion, the market is likely to be in trouble soon."

In the face of a real Wall Street tycoon, Malthus couldn't argue with him, and it was not convenient for Meng Qian to speak at the moment, so it was still asked by other entrepreneurs, "In Mr. Newberg's opinion, how should we face this situation?" crisis?"

"This is not a question that can be easily explained, but sitting here today, I have to say that maybe our technology companies in the United States need to work harder, because in the past three years of debt, the growth rate of debt invested in technology companies It is the highest, and there are dozens of financial products related to technology companies in the market.

If our American technology companies can bring outstanding performance to the market in the past two years, it will be a great benefit.

However, if there is still no breakthrough and the debt continues to be pulled, it may be these technological financial products that will be the first to hit the thunder. "

Newberg said these words in front of Meng Qian, even those who did not know the relationship between Meng Qian and him in the past now know it.

And Meng Qian finally spoke, "In the past few years, the technology industry has not only dragged down US finance, but global finance. Although I don't understand finance, I believe that as long as we start cooperation, global finance will benefit."

Bill Gates, who also kept silent all the time, raised his glass after Meng Qian spoke, "So, cooperation is what we should promote most."

Malthus looked at Newberg fiercely, but it was inconvenient to say anything at the moment, so he could only raise his glass together.

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