Chapter 2808 Analysis

Praise you? Why? You guys don't even know how to give gifts.

"What do you think of the main direction of the U.S.'s next bailout?" Feng Yiping asked.

"I think there is a high probability that the manufacturing industry will be revitalized and industrial exports increased through tax cuts and other measures," a man with a long face said first.

It can be seen from the badge on his suit that the gentleman who was the first to express his opinion came from ICBC.

No one has any objection to his views.

This is not a conclusion that is too difficult to draw. In view of the big trap created by Wall Street, and in order to avoid repeating the same mistakes, it is a very important step to reduce the reliance of the U.S. economy on the financial industry, increase the weight of other industries in the total economic output, and revitalize the manufacturing industry. Realistic choices.

"Do you think that if the United States takes such measures, it will effectively promote the improvement of the U.S. economy?" Feng Yiping asked, "We all know that there are many measures to stimulate economic growth, and this possible choice for the United States will be the most effective. Is it a good solution?”

Sure enough, you, Boss Feng, want to turn the topic to the aspect you want to talk about again.

Although they may only want to make quick money, the four major state-owned banks inevitably play other important roles in the national economy, and it is their political responsibility to cooperate with the country's economic policies.

Because of this, they will naturally have an understanding of the stimulus plan being formulated. At present, it seems that there is no focus on improving the manufacturing industry in the plan.

This seems a bit strange. Why can everyone directly draw the conclusion of boosting the manufacturing industry in response to the problems encountered by the United States, but when facing our own problems, we feel that this is not necessary?

Could it be said that our manufacturing industry is stronger than that of the United States?

There are many people who don't care about shame, but even those people can't say loudly at this time that our manufacturing industry is better than that of the United States.

At most, they can only say that from the data, our manufacturing industry is larger than that of the United States.

Big, but not strong, this is the reality of our manufacturing industry.

Not to mention those traditional high-tech fields, such as precision equipment, or large aircraft that can reflect the highest level of a country's manufacturing industry, let's talk about the high-tech companies that use the Internet as a carrier and seem to be developing well. Among them, they are indispensable. How many chips can we design and produce without relying on imports?

If breakthroughs can be made in these fields, how much boost can these breakthroughs bring to our manufacturing industry and our economy?

"In view of the possible stimulus plan of the United States and our current situation, do you think we need to make some changes? Is it necessary to make some adjustments?" Feng Yiping asked further.

If you put it this way, isn't the answer self-evident?

Feng Yiping did not expect them to rush to express support at this time. "These days, I have been discussing this issue with my colleagues. We all feel that if we continue to develop according to the current trend, the future will not be optimistic."

"Perhaps, for a period of time, our income will still be good, but in the long run," he shook his head, "If this development continues, it may not matter in the long term."

"Let's take the United States as an example. Based on my understanding of the United States, many companies will only compete with companies whose main businesses are not related to them when they develop to a very high level, such as Microsoft and Apple, Google and Microsoft. "

"But judging from the current domestic trends, how can we develop to the level of Microsoft and Google before they will compete?"

"Perhaps within a few years, our 360 companies, regardless of their level or strength, will compete, or in other words, they will be unified by one industry,"

"Whether they are engaged in the Internet, producing cars, producing computers, producing mobile phones, producing shoes and clothing, producing mustard mustard, producing food, producing alcoholic beverages..." Feng Yiping counted on his fingers, "Their last They will all enter the real estate industry and build houses with bricks."

Many people exchanged a tacit look at this moment, and sure enough it was so!

However, Feng Yiping's seemingly absurd conclusion may really become a reality, or in other words, it is becoming a reality.

As far as they know, many of the representative companies in the industries mentioned by Feng Yiping already have several real estate projects under development.

"What does such a future mean?" Feng Yiping asked himself. "It means that real estate will become our absolute pillar industry."

He knocked on the podium, "In a country with a population of 1.3 billion, the absolute pillar industry is real estate."

"It seems like this is inevitable?"

"But, is this inevitable something we should be proud of? Will it make us happy?"

“What would it mean for us if we all looked at this future from the perspective of ordinary people outside of each other’s professional nests?”

"Those stakeholders who control the core resources will hope that housing prices will rise. By then, as humans, we naturally hope to have the basic needs of our own space. I am afraid it will become an unattainable dream."

"A house that provides security for living and working in peace and contentment will become an unbearable burden in the lives of many families,"

"I very much hope that my words will be exaggerated and alarmist, but unfortunately, in some cities, such worries are becoming facts step by step,"

"And such regions are rapidly expanding, and such trends seem to be getting more and more intense,"

"Everyone here, of course, belongs to the high-income group, but even for you, buying a property in our first-tier cities now is a very important decision for your family, and an investment that is not easy,"--Feng Yiping certainly knows that this is based on the assumption that those present are all upright.

But in fact, it may be that the only worry for these guys and their families at this time is how to become the actual owner of another high-end property without attracting attention.

The ID card of the third aunt has been used last time, so should we use the sixth aunt's or the seventh uncle's this time?

Because there is no real estate company that does not need the financial support of the bank to allow these people here to hold their property, which is a good thing that many real estate developers dream of.

Everyone present showed that it was really like this, and it was not easy for us to afford a house in the first-tier cities in China.

Feng Yiping immediately turned the topic back, "Such a future is also particularly unfriendly to our manufacturing industry and other real economies,"

"High real estate prices may even reduce our advantage in human resource costs,"

"Because the United States seems to be sure to take all-round measures to boost the manufacturing industry, and we not only have no strong support for the innovation and upgrading of the manufacturing industry, but will passively add burdens to them. The gap between our manufacturing industry and the world's first-class level will only get bigger and bigger,"

"Our industrial competitiveness will generally decline,"

"...The downturn in the manufacturing industry and the real economy will inevitably directly affect employment and people's income. It will be difficult for people's income to grow, and consumption will naturally be difficult to effectively increase..."

"Then by then, your main customers will probably only be real estate,"

"From a long-term development perspective, I think you will definitely not want to see such a situation,"

Everyone knows that such an extreme situation should not occur, but the thought of such an extreme situation means that the situation may be dominated by their customers, that is, the host and the guest are in different positions, and they really can't relax.

At the same time, such a situation will inevitably mean a significant reduction in people's savings, because after buying a house, where will everyone have money to save?

Such a situation naturally means a huge bubble. For their banks, it means a huge risk of bad debts... That doesn't seem to be the future we want?

"We all know that now, all walks of life in China seem to be following the trend to summarize the lessons learned from the US financial crisis, but unfortunately, we seem to selectively turn a blind eye to the cause of this financial crisis, which is the decline in the US real estate market,"

"We also turn a blind eye to the suffering of so many American people who have suffered huge losses due to real estate investment,"

"The reason why so many American people have suffered losses is because they believe that US real estate prices will always rise. Faced with such a misconception, many of our people are not only not alert, but still regard this as an iron rule..."

"Just everyone, other people can ignore these, if we ignore them too, should we? Can we?"

His voice echoed in the conference room, but no one answered his question.

ps: Happy New Year, everyone! I hope those who are still working today can have a good rest tomorrow. I wish you all the best in the new year!