Chapter 549 Sharply Decreasing Demand
The desert area is full of battle clouds, and Spielberg, located in Jurassic Park, has just announced the completion of the film. This guy, the speed is still as fast as ever, and there will be no incidents that exceed the budget.
As an investor, of course I like this kind of guy. As long as the script is not too bad, the investment will always be recouped.
"Filson, have our theaters delayed the progress?"
"No, they're fast."
"Look, I said contract out. It's just different working for yourself, bastards."
"By the way, how is the progress at Damo?"
"Hehe, the demand for iron ore is dropping sharply, especially in Tu'ao. This time, the foot basin is in big trouble. If one bad one, there is a possibility of a complete collapse."
"No way, how do I feel, their property prices haven't dropped much?"
"They are all trying to hold on. Those who can't hold on have already jumped off the building. Suicides have been popular in the footbath recently."
"Ahem, isn't it? In this case, it would be nice to have a hospital that specializes in providing psychological counseling."
Filson knew that the boss's bad taste was coming again. The economic downturn of the foot basin has a great impact on my place.
In fact, he should be grateful. The sales of comics and game consoles did not have much impact at all. People always need entertainment. The economic downturn has reduced the income of people with feet basins, but the number of people who like to kill time with comics and games has increased significantly.
The most unlucky ones are naturally those bars. Last year, there was still a lot of buzz, but now it has become deserted.
Since there is no money, it is natural to cut down on food and clothing. Taxis are out of business, high-end restaurants are out of business. Instead, there are those 24-hour convenience stores.
There is no longer any domestic demand that can be stimulated, and there is no longer any image project. The sudden screeching of the brakes made all the needs disappear.
It is already August, and the end of the year will be reached in a few months. This year's negative growth is a foregone conclusion. Of course, the three major rating agencies in the United States are optimistic about the current situation. They are optimistic that the export of foot basins is still stable, and the economy of foot basins will bottom out and rebound in the first half of next year at the latest.
"Rebound? Are you kidding? Filson, you don't need to look at other things. In my opinion, the power generation is the most telling thing about the current situation. The data you just said is very telling."
"It is estimated that the three major institutions are also talking nonsense. These consortiums in the United States have not escaped yet. Of course they will say so."
"Hehe, that's about it. However, their output of crude steel is still so much? Don't tell me, they use it themselves."
"No, they can't use so much. Recently, they have been increasing exports."
William White was a little surprised, there was neither coke nor iron ore in the foot basin, how did they do all this.
From this point, you can see how the steel companies in the United States are doing their best. Electricity is cheap, coke is cheap, transportation is cheap, iron ore is cheap.
You have so many advantages, but you still can't be a foot-basket person. Therefore, death deserves it, and it is not worthy of sympathy at all.
Of course, the business management of the foot basin people has indeed achieved the ultimate. A country without any resources can still become a major steel exporter.
Open your eyes, these iron mines in Tu'ao have been cut off. If their bubble burst a few years later, this piece of assets may belong to the foot basin.
When demand falls, prices will naturally not be stable. Whether it is steel or iron ore, they are all hovering at low levels. The most unlucky one is of course Tu'ao. Looking at the iron ore that is full of pits and valleys, they are worried, Nima, when this continues, when will they be able to sell this rubbish.
The economic crisis in the United States will affect other countries, or most countries will be affected. In the same way, the current situation in the foot basin will also affect many countries.
A group of financial groups couldn't figure it out no matter what, they tossed their feet, and their business here couldn't work.
A group of fools actually did not realize that after the end of the Bretton system, the United States does not need a trade surplus. The most they export is actually American knives. How to stimulate consumption is their first choice.
Americans are desperately consuming, and the whole world is desperately producing. This is the current situation. It doesn't matter how big your trade deficit is, as long as you expand the money supply.
The funnier thing is that if you can know earlier, why bother with the foot basin. Since they like to work, let them continue to work.
After the bubble economy in the foot basin ended, the U.S. imperialists never pursued a trade surplus. They discovered this problem, no matter how outrageous their deficit is, the US economy will not be affected too much.
The power of mastering the power of currency discourse is so terrifying.
After understanding the current situation, of course we need to release water. Now the foot basin must be saved. If this group of dwarfs are finished, the economy of the United States will be affected.
"Damn it, I'm not mistaken, I'm kind enough not to reduce the supply of oil. Your oil company sold it, but I just bought it."
"It's all the same anyway, Rockefeller was worse."
"You have nothing to say. They are the No. 1 consortium in the United States. I am just a new money family. Is there any comparability?"
"Anyway, that's the same meaning, just don't deliberately reduce it. By the way, can't you still apply for subsidies?"
Well, William White figured it out, Kuwait is out of gas now. It's useless to have oil, and whoever buys it will be unlucky. The warships of the US imperialists have already blocked the sea.
All of a sudden, two important oil-producing areas are missing, so it is strange that oil prices do not rise. If it weren't for the problems with the foot basin economy, those little dwarfs would probably jump their feet again.
Even so, the oil consumption of the foot basin is still very large. The procurement in desert areas alone amounts to 2 million barrels per day. Today, that gap clearly needs to be provided elsewhere.
Human greed is sometimes unstoppable. Silly Damu's oil production is not low. If he can manage the country well, he will have no shortage of money.
Today's oil-producing area was nothing more than a colony of John Bull. If there was no World War II, people like Silly Damu would not know where to eat sand.
To put it bluntly, you have a small population. Even if the current price of oil is not high, it can still make you very rich.
What? There is no money for weapons.
Well, the same as the Panama Canal. You either make money or give up force. If two things are needed at the same time, US imperialism will never allow it.
Just look at the allies of US imperialism in the desert area and you will know that all of them are full of wine and food. It is absolutely impossible for a thorny head like Silly Damu to win the support of the US emperor.
Hehe, if you are so rich, if you still have a strong military strength. How is the boss of this world still messing around?