Chapter 1596 Who Is The Stupid Thirteen!

The theorem that economic depression breeds trade protectionism has never changed!

For the American people under the current financial crisis, the slogans of "buy American products with Americans" and "America First" are undoubtedly very deceptive.

As for whether the international community will express dissatisfaction with the US trade protectionism, that is not what Andy should consider.

We must know that once someone mentions trade protectionism, the wave of trade protectionism will immediately spread.

Especially in the United States, because its democratic regime itself makes it easier for trade protectionist forces to gain political energy that is disproportionate to their actual economic strength.

More importantly, the U.S. Constitution delegates foreign trade policy decision-making power to Congress, and this system makes it easier for those interest groups in the United States who advocate trade protectionism or politicize trade issues to influence the direction of national trade policies than administratively dominated countries.

What's more, the status of the only superpower will stimulate the vicious expansion of US trade protectionism moral hazard.

However, Andy wasn't worried about a trade war, because Aoguanhai didn't have that kind of courage, but Andy felt that it was time to scare those countries that took advantage and took it for granted.

Of course, this is undoubtedly the best stepping stone for his father Auston to make a debut, officially entering the eyes of the people of the United States and even the world.

To reach the pinnacle of power in the future, fire the first shot!

It has to be said that running a country is actually similar to running a company. No matter who wants to make the American company stronger, it must first make it profitable.

In terms of trade, the United States can be said to have been doing "losing money" business. However, the European Union, Canada, the foot basin and other partners that have signed reciprocal procurement or trade agreements with the US government have been benefiting from the United States.

Don't Americans know how to do business?

Of course not, all of this was chosen by the United States itself.

There are three most fundamental pillars for the United States to dominate the world. One is the outstanding ability to create wealth, and the other is the extraordinary ability to allocate global resources, that is, dollar hegemony. The last one is strong military power. These three pillars have pushed the United States to the world's super hegemony!

However, with the further development of the world economy and the rise of the third world countries, the share of the United States in the global economic market has gradually declined.

At this time, the contradiction between American manufacturing and dollar hegemony gradually began to emerge.

As we all know, if the manufacturing industry wants to maintain the competitiveness of its products, it must maintain a low production cost, so the per capita income cannot be too high.

The hegemony of the US dollar must require the maintenance of the size of the US economy in a considerable proportion of the total size of the global economy. A super high GDP averaged to every citizen is a super high national income. The conflict between manufacturing centers and dollar hegemony is irreconcilable.

Under the irreconcilable situation, the United States weighs the pros and cons of the manufacturing center and dollar hegemony. Thinking that the hegemony of the dollar is more beneficial to the United States, it made the decision to move the manufacturing industry to countries or regions that it can control, such as the foot basin and the stick, and now it is the world's largest manufacturing power, China.

The relocation of industries has brought about a very serious problem, that is, a large number of daily necessities in the United States need to be imported. The import tariff of the United States is almost lower than that of any other country, and the lower tariff is naturally conducive to imports.

On the contrary, countries with a large trade surplus basically have too high tariffs, and the goods of the trading countries cannot enter. This led to a large trade deficit in the United States and a large outflow of dollars.

So why are the tariffs in the United States so low that local companies don't want to live anymore? In fact, it’s not that the U.S. government doesn’t want to raise tariffs. The main reason is that the American people need cheap goods. This requires the most high-quality and cheapest goods in the world to come to the United States, so tariffs must be low.

Are Americans stupid 13?

Of course not, because they still control the hegemony of the dollar in their hands, and they can reap the economic development achievements of these countries by creating economic crises.

thereby reducing your debts.

This is why financial crises frequently break out in Asia and Latin America.

However, more and more countries have realized that the United States has used the financial crisis and economic turmoil to promote the means and means of returning the dollar, and have raised their vigilance against the shearing of the United States.

As March approaches, Andy knows that when Aoguanhai's economic stimulus plan is truly passed and implemented, the U.S. economy will usher in a rebound, and Wall Street, which has suffered heavy losses and is dying, will also recover from the brink of death. In the state of a hungry wolf who is hungry, he begins to hunt wildly.

European debt crisis!

It will be a new round of shearing for the US dollar hegemony!

The outbreak of the European debt crisis has its own inevitability, and there are reasons why Wall Street forces in the United States have made trouble and BO fueled the flames.

"Portugal, Italy, Ireland, Greece, Spain, these five European countries are the countries most likely to follow in the footsteps of Iceland. These countries are disregarding the reality of high wages and high benefits, and facing the aging population, they issue more euros. nation.

Especially in Greece and Italy, the citizens of these two countries are not only lazy, but spend too much, and almost everyone borrows money to survive. PIIGS, I call them the stupid five countries of the euro zone. . . "

"Hahaha..."

In the meeting room of the Gaia Building, everyone including Andy burst into laughter, listening to the leader of the think tank's European group standing in front of the big screen, and humorously introducing their research results over the past few months to everyone.

"If, indeed, we had to pick a tipping point, we think Greece is definitely the best choice."

Andy's smiling eyes lit up slightly, and he touched his chin and said, "Why is Greece, not Italy? They are the real leaders in terms of delicious food and lazy cooking."

"Boss, the reason why Greece was chosen is that apart from its high fiscal deficit and overall debt scale, the most important thing is that Goldman Sachs made fake accounts for Greece to make it enter the European Union smoothly. The idea of ​​crushing the EU.

Another important point is that Greece has the smallest economic scale, accounting for less than 2% of the EU's GDP. It is much easier to attack than Spain and Italy. Greece is the most vulnerable link in the European debt problem.

Just like Thailand in the Asian financial crisis that year, it was the first prey that Soros attacked, and the gap is the easiest to tear open. "

Goldman Sachs, there is no institution more annoying than Goldman Sachs, which is synonymous with trouble, almost every time the United States creates trouble in the financial market, it has its figure.

"Goldman Sachs, it's really everywhere!" Andy frowned slightly, shaking his head and laughing. He didn't have any special views on Goldman Sachs. As we all know, this financial crisis is inseparable from several American investment banks. Many investment banks, such as Bear Stearns and Merrill Lynch, either went bankrupt or were merged, but Goldman Sachs alone survived.

"Boss, if this is really a premeditated act of conquest as we have guessed, then Greece may be just an introduction, and the "Pig Five" is just a foreshadowing. Weakening or even knocking down the euro is the reason for this time." The target of the action.

Wall Street will want to obtain the most direct financial benefits first, forcing the EU to pay a high rescue price, dragging Europe back from the recovery of the financial crisis, and even if the euro does not collapse, its status will decline significantly.

The rescue of Greece and other economies in crisis can only rob the rich and help the poor, and will eventually consume the vitality of Germany and France, the core countries of the euro zone. This is undoubtedly what the United States most wants to see. "

After listening to the report of his think tank, Andy applauded in satisfaction, and everyone in the conference room applauded accordingly.

How could Andy be dissatisfied? At that time, he just pretended not to care about the financial crisis. Whether the debts of European sovereign countries would cause default risks because they exceeded their own capabilities? The analysis is similar to what he remembers, but it is more detailed and well-founded than his, and he only knows about the Greek debt crisis briefly.