Extraordinary Genius

Chapter 1729 Is God Predicting Again?

No matter what the real reason is, the number of yachts imported by China has indeed increased in recent years. It's not that Huaxia doesn't have yachts, but the brand is not very good, and the product design is really not good.

If you can buy foreign advanced technology and design solutions, it will also be of great benefit to improving China's yacht industry.

Import substitution itself is one of the paths Huaxia is trying to take at this time.

Feng Yu wants to open a shipyard, and Commissioner Bao agrees very much. Not only can it replace imported products, but it can also open one or two shipyards to stimulate the local economy. This is definitely a good thing.

After the New Year, Committee Member Bao should also retire. He is also very willing to do a little more before retiring.

In fact, this year, Commissioner Bao also took charge of several important matters, such as state-owned investment in gold, which was reported to the State Council by Commissioner Bao.

And the state-owned assets increased the crude oil reserves, and even paid for it in advance, and he personally operated it. At the beginning of the year, it seemed that it was a bit of a disadvantage.

But now, the price of crude oil has increased by nearly two-thirds, from more than 50 US dollars to more than 90 US dollars. The contract signed by paying the payment in advance is invaluable.

At that time, Feng Yu said that crude oil would rise very sharply, exceeding 80 US dollars. They organized an expert discussion, but no one believed it.

If it wasn't for Zhang Ruiqiang's strong support for him, I'm afraid he wouldn't have signed such a disadvantageous contract at the time.

Zhang Ruiqiang has great trust in Feng Yu and agrees with Feng Yu's analysis results. And he saw that Feng Yu pointed out that the state-owned assets made a lot of money from investing in gold, and the money he earned was enough to make up for the losses caused by the constant or falling crude oil prices at the time.

So Commissioner Bao also supported this decision, and finally got the approval of the leaders above, and successfully implemented it.

Regarding Feng Yu's divine prediction, Committee Bao is now convinced.

Feng Yu said that the price of gold may continue to rise after falling slightly, which is actually the case now.

Feng Yu said that the price of crude oil will rise sharply amid fluctuations, and the country should reserve a large amount to avoid economic pressure caused by the surge in national demand for crude oil.

The country has stored it, and the price of crude oil has also risen sharply.

Feng Yu also said that when Buffett invested in Huaxia Petroleum, he would definitely sell it in the middle of this year. Now the facts are indeed the same. Buffett has almost sold all the shares of Huaxia Petroleum. It is reported that he can make a profit of about 3 billion US dollars, which is six times the profit!

The stock price of Huaxia Petroleum, which was less than two Hong Kong dollars at the beginning, has now exceeded fifteen Hong Kong dollars. If it weren't for Buffett's sell-off, I'm afraid it would have exceeded 18 Hong Kong dollars by now.

Also, Feng Yu said that the U.S. dollar will depreciate this year, and the RMB may be forced to appreciate. The higher-ups should pay attention.

As a result, the dollar depreciated. Fortunately, they exchanged a lot of foreign exchange reserves into euros, which saved the upper management from a lot of losses.

For a trillion-dollar foreign exchange, if the U.S. dollar depreciates by 5%, then the purchasing power is equivalent to the previous 950 billion U.S. dollars, and the wealth of 50 billion U.S. dollars will evaporate directly, which is equivalent to a very large multinational listed company. What about the company's market value?

And what are the disadvantages of real estate as a pillar industry? In fact, many people in the State Council were very disdainful at that time. Real estate is a pillar industry. This is the successful experience of many countries.

Of course, the real estate market in many countries has also collapsed, causing considerable losses. Even China has some cities with real estate as its pillar industry, which also caused a real estate crash.

But with careful regulation from above, will those things happen?

And Feng Yu said at that time that the real estate in the United States would collapse again like the late 1990s, which was also scoffed at by many experts at the time.

That is the United States, the country with the best economy in the world. How long has it been since their real estate market crashed, don't they know how to learn their lesson?

And the ensuing collapse of property markets in Asia was not yet another warning.

How could the US real estate market crash again?

But the actual result is that the real estate market in the United States was cold at the beginning of this year, and then plummeted again.

If Feng Yu hadn't told them in advance that they had sold those related bonds and stocks, they might be locked up now, and how much money would they have lost.

It can be said that every prediction made by Feng Yu is extremely accurate.

Of course, Committee Bao later found out that Feng Yu actually had an extremely powerful influence in the financial market.

The fall of the US dollar and the rise of crude oil have something to do with Feng Yu. Even the rise in the price of gold has something to do with Feng Yu.

It's just that Commissioner Bao didn't know that Feng Yu did more than that. The stock market in the United States fell, and the subprime mortgage crisis became more and more serious, and Feng Yu was also involved.

These situations, even without Feng Yu's intervention, would still happen, but they would not become so severe.

And Feng Yu made the situation worse, not only to make a lot of money, but also to hit the economy of the United States and the image of the United States, thus helping China to narrow the gap with the United States faster.

If Huaxia is richer, it will have more funds to arm the military, so as to truly make Huaxia a top power in the world, not just an economic power.

Just like the island country, the economy is extremely strong, second only to the United States. At the end of the last century, it once surpassed the United States. But in the end, they couldn't realize their political and economic intentions through military strikes or threats. Instead, their country was always affected by the military of the United States, and their autonomy was extremely poor.

Just like the U.S. military stationed in the island country, scandals have been exposed many times. The ideological education of soldiers in the United States is far inferior to that in China.

At this time, the soldiers of the United States, especially those stationed in the island country, regarded them as a profession. After retiring, they received a large amount of compensation to allow them to live a very good life.

Many of these soldiers are used to being free and unrestrained. After arriving in the island country, influenced by that culture, can they not resist?

But these things have not all been suppressed. Because the island country was a defeated country in World War II, it was restricted by some treaties and could not develop its military power in an open and honest manner. Moreover, the island country's territory was too small to withstand the destruction.

So up to now, the island country can be called a big country and a powerful country, but the word economy must be added in front of it. In other words, their big and powerful country was established only under the condition of economy.

In terms of military strength alone, they are not as good as Nanyang.

Feng Yu chatted with Commissioner Bao about some more things, got up and planned to leave. Before leaving, he said to Commissioner Bao: "The price of crude oil will rise sharply in a while, but don't worry, it will fall soon."

Commissioner Bao was taken aback. Is this another Feng Yu's divine prediction?

... (To be continued.)

Please remember the first domain name of this book: . The website for the fastest update of the mobile phone version of Biquge:

Chapter 1721/2082
82.66%
Extraordinary GeniusCh.1721/2082 [82.66%]