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Chapter 1274: Chapter 1130: Considering ’Future Arrangements’ (Please Subscribe!)
Two hours later.
The plane landed at the county airport.
They got into the newly bought extended Mercedes-Benz that Mu Jian had purchased.
Mu Jian’s farm airstrip could only accommodate the landing of small planes at most.
The kinds that are fit for spraying pesticides are alright. Even the Gulfstream, which doesn’t have high runway length requirements, could not land at Mu Jian’s farm, a fact that made Mu Jian feel his farm was too small once again.
"Next time you come, I’ll definitely make it possible for your plane to land on my farm."
Mu Jian also had thoughts of expanding his farm.
"You should save it; with that kind of money, there are better things to invest in." Chai Ren’s words were sharp, but his heart was kind. Mu Jian didn’t even own such an expensive private jet, and it probably wouldn’t land more than a few times a year.
It was not like with the Ge Family.
Who used it daily.
When Mu Jian heard this, he realized it too and decided to only invest in the farm. "The United States’ economy is going to have problems in the next two years. I suggest not to enter into financial assets."
"Are you about to start harvest mode again?" Chai Ren asked with a slight smile.
"You know quite well," Mu Jian said.
Chai Ren snorted, "Humph, they only have those few tricks. However, I must say, it is a good method. When the bubble has accumulated to a certain extent, it needs to be burst to avoid creating a bigger bubble that can’t be dealt with when it does explode."
Almost every decade.
The global economy would experience a cycle; it seemed to have become a rule, with the world economy repeatedly fluctuating between ’financial crisis---economic recovery,’ as if it was a law of nature.
It is both man-made.
As well as the economy’s spontaneous inertia. Sometimes it’s hard to distinguish, but one cannot deny that this kind of cycle has always been there; only the fuse differs each time.
The United States about to experience a financial crisis.
Chai Ren was not surprised at all.
"It’s just a pity that we can only sip some soup from behind," Mu Jian sighed. The crisis was like a thorny cake, without a ticket to enter, you could only taste a bit of the cream.
Otherwise.
The bayonet could also hurt people.
"It’s not bad to have soup to drink, better than many who will go bankrupt," Chai Ren was indifferent.
"It is, in fact, I quite envy Huaxia; no matter what the turmoil outside, you all are not too affected by it," Mu Jian said.
Chai Ren laughed and said, "You could just say our economy is relatively closed."
"With strong resistance to risks," Mu Jian said.
"But once we deliberately burst our own bubble, the damage will be the deepest." Chai Ren, being in the mining industry, understood Huaxia’s future strategy more clearly—from mining, transportation to smelting.
Urbanization, infrastructure, and the steel industry will flourish in the short term.
But.
Once the glory fades.
The entire industry will face a huge crisis; overcapacity is a problem that Huaxia will continuously accrue in the future. Huaxia is a country with incredibly high executive power, executing whatever is said.
Highways, high-speed rails, infrastructure, residential properties; Huaxia will build up an impressive capacity in a short period that will amaze the world. But when this path is exhausted, who can absorb such capacity?
The construction of a country.
In the later stage.
Will be like the United States, reducing insane amounts of this kind of project. In the end, Huaxia’s consumer upgrade will replace these carriages, becoming the new driver of economic growth. Minerals and steel will gradually become ’sunset industries.’
The path that developed countries have tread.
Huaxia is now walking.
Australia also knows that once Huaxia’s mad rush for infrastructure projects and urbanization reaches its end, its iron ore will no longer have the Huaxia market. That’s why they keep increasing prices, profiting from the good times.
Otherwise.
When Huaxia begins reducing industrial capacity, it will be a question whether or not they can sell, not to mention selling at a good price. Huaxia has been tolerating it because, quite simply, with dollars in hand and rather than saving them to buy US treasury bonds, isn’t it better to buy some mines and get physical goods?
Earning yields is possible.
But holding dollars in itself is a form of bondage.
Huaxia does not want to be too tightly bound by the United States. It’s better to spend on something useful, whether expensive or cheap; in truth, it’s not a big deal. Loss and profit are accounted for differently in Huaxia’s inner calculations.
Suddenly, Chai Ren asked, "Tang Qing, do you think the future of industries like steel lies in Africa?"
When Huaxia starts reducing its industrial capacity.
To continue living comfortably, Chai Ren had to think about the ’future.’
"Not necessarily; there’s potential in developing countries," Tang Qing replied.
"What about India?" Chai Ren thought of this populous country.
"I’m not optimistic about that place in the short term," Tang Qing shook his head.
India.
Its domestic complexity is nearly the same as a tangled mess.
With a vast variety of castes, a mind-boggling number of beliefs, unplanned population growth, a slightly discordant political structure—in short, from top to bottom, inside and out, it’s all problematic.
Tang Qing had once considered.
If he let the Fighters infiltrate there.
Could they bring it onto a modern path in a short time, the answer was... impossible. Even if Fighters could reach positions like Ling, there was almost nothing they could do.
Firstly.
The Indian government had little power.
Local power was strong; dozens of states were nominally under the Indian government, but in reality, they were controlled by feudal families holding the most important economic and political resources for millennia. Outsiders simply couldn’t interfere.
Secondly.
Like the United States, with vast territory and resources, one could run the local government ragged just attempting to get a highway approved, and India was no different. Land was almost entirely privately owned, making land acquisition extremely difficult—it wasn’t about the money.
There were also labor problems, quality of labor problems, tax rate issues, transportation issues, efficiency issues, integrity issues, social structure problems...
To be honest.
After understanding these issues.
Tang Qing felt Africa was much better off, without so many messy relationships and problems. Most importantly, African governments controlled more resources, and in India, what remained of unclaimed interests?
Without interests. 𝚗𝚘v𝚙𝚞b.𝚌𝚘m
What was there to fight for?
Tang Qing concluded, "I am optimistic about India’s economy, but only for the sales market of high value-added products. Everything else, no matter how great the interests, it isn’t easy for us to get involved."
"...Then I might as well mainly deal with Africa," Chai Ren resigned himself to relinquish this idea.
...
June 1st.
Morning.
Tang Qing returned to the Shanghai Stock Market.
Chai Ren took a Shunfeng Aircraft back to Beijing.
Today is Children’s Day.
Although his own little girl wasn’t old enough to go to amusement parks yet, as a father, Chai Ren still wanted to see his daughter on this day, take a picture together, to be able to talk about it when flipping through the photos in the future.
Previously.
Chai Ren thought the world was worth exploring.
But since having a daughter.
The bond of flesh and blood made Chai Ren, who wasn’t afraid of heaven or earth before, much more cautious. He hadn’t been to Africa in the past year, fearing his life wasn’t tough enough, and if an accident happened, he wouldn’t be able to see his daughter again.
Back at the villa.
After lunch.
Tang Qing looked at the bright sunny day outside. June 1st, was the day of his rebirth. That day, he had been handing out small flyers on the streets, getting scolded, sweating profusely on the curbside while drinking black tea.
Now.
He had achieved success in his career.
His influence spanned across the globe.
Life.
Truly was like a play.
