Chapter 806 False Prosperity
The lighthouse country still has a great appeal, whether you like it or not, it is there, and it is the most powerful country in the world.
Eagle sauce is now telling everyone that those traditional industries should be blamed for developing countries. As for these developed countries, they should focus on high-tech fields.
You can't say that this idea is wrong. Smaller energy consumption, greater added value, plus terrifying financial power. Indeed, for a long period of time, the United States will continue to lead the world.
Some people say that a good financier is also a historian. It is difficult to verify who said exactly, but if you are not familiar with history, you will not be a successful economist.
History is always strikingly similar. In 1850, John Bull's industrial output reached its peak. Half of the industrial products in the world at that time were produced by them.
John Bull soon discovered that this thing was not profitable at all. Such hard work has nothing to gain except turning London into a foggy city.
In the world at that time, there were two most profitable businesses, shipping and finance. Ever since, John Bull began to throw the blame, whether in Europe or America, as long as you can produce, I will not do it here myself.
They don't care if the air in other people's homes is good or not. They don't care whether the colony uses child labor or not.
As a result, everyone saw that John Bull was very weak when Mustache really hit him. As long as they cut off their connection with the colonies, let alone industrial products, they can't even guarantee black tea and bread.
High technology is easy to say, this is indeed necessary, but it must be done according to our capabilities. What made William White dumbfounded was that based on the circumstances he had mastered. The whole world intends to develop a virtual economy.
Fuck, you all went to learn from the United States, what about these factories?
The big rabbit is very backward now, all these are for them. Anyway, they have a lot of workers, and they seem to be able to endure hardships.
It's easy for Yingjiang to think so, and Jiaopen can bear it. A lot of so-called emerging economies think this way, and this shit is cheating.
"William, don't you stop thinking about it."
"Alas, George, the industrial base of the United States no longer exists, and everyone is moving out.
The foot basin is good, Smecta is also good, and the big rabbit country is also good. They can produce products at lower prices. By the way, we don't seem to care who produced these things. "
"Ahem, man, if you do this, the industry will be hollowed out. Once any crisis occurs, it will be a disaster at all."
Obviously, the current situation in the United States does not satisfy everyone. Little Bush obviously felt something was wrong, and he was trying to persuade William White that if the guy who didn't like the production in the United States the most could come back, it would be somewhat exemplary.
"Too late, it's too late, they've been doing this since the 70's, on and on. Man, they've been doing it for 20 years. No one can change that, I'm sorry."
Little Bushu was a little disappointed. He couldn't understand the current Mi country, and neither could his father.
Fortunately, the semiconductor industry is more or less a thing. The Internet is exaggerating, it's all about what. Just a random idea, click, the valuation of hundreds of millions of dollars.
If they all do this, it would be a fool's behavior for anyone to go into business.
William White is different from these people. It's not that this guy doesn't do business, he doesn't do it in the United States. Little Bushu really wanted to find out whether there would be any after-effects from doing so.
"George, don't you read history? Our cousin did it in 1850. There were boys in Twist, and there was serious air pollution.
Later, there was no more, and John Bull discovered that as long as the finance is well controlled, the shipping is well controlled. Industry is not necessary. They succeeded.
I think, if they hadn't done this, they would still be the kingdom on which the sun never sets. "
Little Bush's face was a little dark. He originally thought that he might have made a fuss, and the economy of the United States was still very healthy. William White's answer told him, not to make a fuss, but it was too late.
"Hahaha, but you don't have to worry too much. In fact, except for a very small number of countries, the whole world is doing this. You know, the current Rabbit Country is full of construction sites.
Obviously, they also have some discomfort. Too soon, they are scared and are trying to cool the hot economy.
Unfortunately, we printed too many beautiful knives. Seriously, those old guys should be hanging out to dry. The act of printing excess currency is simply the plunder of Hongguoguo. "
"I see why Paul Volcker left get out of class early. He shouldn't be teaching at all."
William White smiled and said nothing. What can he say? This Greenspan has been engaging in quantitative easing. When a dangerous bubble burst in '08, they brought in an even bigger one.
It's a pity that no one will play with them anymore in this wave of virtual economy. The Celestial Dynasty does not play, the foot basin does not care, and the Germans are also lacking in interest.
Why is Mao playing the game of withdrawing from the group everywhere?
The one-man show can't go on. If there is no place to shear sheep, how can they support the current welfare system? This is an impossible task.
US imperialism should not be a welfare state, not from the day it was established. You are a country made up of immigrants, talking about cohesion is bullshit. Once a problem occurs, the first thing most people think of is to run away.
No matter how bad the industry is, without this thing, how do you solve medical insurance and social security?
You can check the fiscal expenditures of the United States. Since Clinton promoted medical insurance and social security, government expenditures have increased sharply all the way.
However, these things are not what William White cares about. When it's really hard to clean up, just run away.
Will US imperialism really not lose its power?
not necessarily.
The path they are taking now is the same as John Bull's choice at the beginning. You go back in time, and in 1850, who would have thought that John Bull would be unlucky.
Not to mention the control of the ocean, they lost everything they could lose. If you separate from Scotland again, it will really lose all dignity.
Wasn't John Bull strong enough then?
Just kidding, anyone who dares to be stabbed will be punished. Yingjiang's bird nests have been burned, and the US emperor is not the same. In the most powerful period, if you add 23456 later, you can't beat their fleet.
Did you know that John Bull was doing continental balance for Mao?
They already knew that it was not good at that time. In addition to restricting competitors, they just fanned the flames everywhere. If you don't pinch him, he won't be able to maintain his advantage.
The Germans are not afraid of him, isn't it because of their strong industrial capabilities. In the end, John Bull and Gallic Rooster couldn't beat it together.
I really don't understand, what's wrong with old aesthetics, but I have to learn from this down-and-out cousin.
"Okay, George, don't worry about it. This is Clinton's business. Besides, it took John Bull almost a hundred years to finish his calf. We must be better than him."
"Hehe, well, I hope so. I think, if it lasts a hundred years, there must be a solution."
"Let's go, let's go, today is the day of the final. Alas, unfortunately, our boy met Brazil."
"I guess it won't look too good, the Italians will defend. I really don't understand why some people say that Serie A is the best."
"Who said, don't talk nonsense, it's not good-looking at all, and I don't want to see a big rabbit if I don't see it. My Premier League is the best."
"Ahem, let me say, what does the Premier League have to do with you?"
"Hey, buddy, can you chat, really, is it easy for me to teach those guys who like to use their hands."