life in the sky

Page 1065

If we follow the recommendations in this report, our country will not suffer any losses in the upcoming financial turmoil, and may even achieve further development.The plan formulated by Wu Daozhi and Mu Guoxing can be said to be very thorough and perfect.Now all efforts are in vain, and it is simply impossible to find another way to formulate such a perfect plan.Even if another plan can be come up with, the effect obtained is obviously not as good as the original one.

Mu Congjun called No. [-], said a few words, put down the phone and said to the secretary: "Prepare the car! Go to No. [-]!"

The two giants talked together for a long time. According to the memoirs written by the staff next to Chief No. [-] afterwards: "Chief No. [-] and Chief No. [-] talked behind closed doors for more than half an hour, although the door was closed tightly. , but we still heard the sound of Chief No. [-] slapping the table. When they finished talking, we found that the faces of the two chiefs were very serious. We know that something big happened, but we also know that Chief No. [-] is definitely not rushing It made Chief No. [-] lose his temper."

When Mu Guoxing went to the airport two days later and was about to return to Guangnan, he suddenly received a call from the General Office of the Central Committee, and the No. [-] chief summoned him urgently.

Mu Guoxing felt inexplicable. After returning to Beijing for such a long time, No. [-] hadn't summoned him. How come he was about to leave Beijing, and suddenly remembered that he was going to be summoned?

The car that came to pick up Mu Guoxing stopped in front of Ziguang Pavilion again. In addition to the No. [-] chief, Mu Guoxing's father, Mu Congjun, was also sitting in the conference room.The other is Wu Daozhi, Mu Guoxing's teacher.

Chief No. [-] was very kind. When he saw Mu Guoxing coming in, he stood up and smiled at him and extended his hand: "Comrade Guoxing, it seems that your itinerary has to be changed. You will stay in the capital in the short term." , to assist Mr. Wu to formulate a response plan for the impending financial turmoil."

Mu Guoxing looked at Chief No. [-] in surprise, then at Elder Wu, and said, "Boss, the first plan is already perfect, and I can't think of any shortcomings. Why did the first plan be abandoned? No, do you want to re-enact it?"

Although Chief No. [-] was still smiling, Mu Guoxing could see some anger and regret in his eyes.I only heard No. [-] say: "Comrade Guoxing, you are right. The central government also believes that your first plan is already the most perfect. If you follow that plan, it will not only prevent our country's economy from being affected by financial turmoil." harm, and allow us to take advantage of this once-in-a-lifetime opportunity to grow even further."

A smart person like Mu Guoxing was also confused when he heard No. [-]'s words. Since the central government believed that the plan was already complete, why did they have to formulate another one?Suddenly an ominous thought appeared in his heart, could it be that the first plan has been leaked?

Chief No. [-] signaled the staff to turn on a speaker, and the recording of the conversation between Bernanke and Mu Congjun was heard in the conference room.Mu Guoxing is very proficient in English, and before the translator's voice sounded, he understood the whole meaning, and his face became serious in an instant.

The recording ended soon, and Chief No. [-] said seriously: "Comrade Guoxing, now you know the reason why you were asked to make a new plan? Our first plan has been leaked. It's a pity. It's a pity. "

Mu Guoxing found that there seemed to be a tear in the eyes of Chief No. [-], and it disappeared immediately.He could hear and see that Chief No. [-] was regretting this once-in-a-lifetime opportunity, and that the great cause of national rejuvenation would be delayed because of the leak of this document.

Only then did Mu Guoxing understand that what he saw when he opened his eyes was real.When Mu Guoxing opened his eyes, he saw that the countermeasures taken by our country in the financial crisis that swept the world were not very appropriate, and he thought that we could do better.As long as the method is used properly, this financial turmoil can be regarded as a once-in-a-lifetime opportunity for our country to make our country's economy take off.

Mu Guoxing thought helplessly, it seems that the law of development of things is impossible to change, and the situation seen by Kaitian Eye can only follow the trend, and it is even more impossible to reverse the course of history.

Mu Guoxing looked at Mr. Wu and found that Mr. Wu was also looking at him. He said with a very heavy heart: "Chief, if we make another plan, then we can only take a defensive position. Passive defense will It's hard."

VIP Chapter 660 What a pity

Chief No. [-] said slowly: "No matter how difficult it is, we have to do it. There is no way for our nation to have these unworthy descendants. However, I am still full of confidence in the future. Guoxing, work hard, our country Your hopes are pinned on your generation."

Mu Congjun said: "This time when you formulate a new plan, you should be more careful and take factors from all walks of life into consideration. Come up with several different solutions so that the central government can make decisions based on different situations. which measure to use."

After accepting the task, Mu Guoxing and Mr. Wu lived in a small courtyard arranged by Chief No. [-] for them.This small courtyard is very quiet, surrounded by tall weeping willows, and not far from the door is a clear lake.

The two masters and apprentices sat down in the living room, both of them looked preoccupied, silently drinking the tea made for them by the staff, and neither of them spoke.

After a long time, Mu Guoxing asked, "Grandpa Wu, do you now know who this unscrupulous descendant who leaked state secrets is?"

Mr. Wu sighed: "The central government has not officially announced it yet, but Situ Mao, the director of the Institute of Economics of the Chinese Academy of Sciences, was taken away by the national security department the day before yesterday. I think it is possible that he did this."

When mentioning Situ Maolai, Mu Guoxing thought of him.When Mu Guoxing was at the Economic Research Institute of the State Council, he once wrote an article to demonstrate the inevitability of the disintegration of the red empire in the north from an economic point of view. held a seminar.

It was at that seminar that Situ Mao not only showed off his knowledge, but also asked Mu Guoxing many questions.Because of this, Mu Guoxing also got to know this famous economist who lived in the United States and worked in the Federal Reserve!Unexpectedly, it was this person who leaked the country's top secrets.

Mu Guoxing will never believe Bernanke's nonsense, nor will he naively think that Bernanke really called his father Mu Congjun after reading this article in a famous economic weekly .This incident is very likely to be an economic espionage case led by the US government.

The more Mu Guoxing thought about it, the angrier he became. A once-in-a-lifetime opportunity was ruined in this person's hands. If he wanted to find this opportunity in the future, it would be very difficult.This time, we have alerted the other party, and they will come up with some plans to deal with us.In the field of world economics, those economists in the United States have always been at the forefront of the academic world, and they are definitely not vegetarians. It is not very difficult to find a way to deal with our country.

"Grandpa Wu, it's a pity to lose this opportunity. We changed from active attack to passive defense. First of all, we lost the opportunity at the strategic level, and passive defense made all our original plans come to nothing. Not only that, but also allow them to come up with some targeted ways to deal with us."

Mr. Wu nodded: "Yes, I also felt very sad after hearing the news this morning. According to our original plan, in this year, we will sell US treasury bonds in batches and buy gold and other hard assets. Currency, after the financial turmoil, the price of bulk strategic materials will inevitably drop sharply. When some companies with high-tech companies go bankrupt, we will conduct a comprehensive acquisition, which will have a multiplier effect. Tens of thousands It cannot be said that a foreign exchange reserve of 50.00 million US dollars can achieve double benefits, at least the return will never be lower than [-]%, and our country will also take this opportunity to achieve another economic take-off."

Just like when he was giving lectures to Mu Guoxing back then, Mr. Wu talked eloquently: "The leak this time has sounded a wake-up call to the Americans. I believe they will be cautious when they read our report. Examine the economic policies they are currently adopting. Although they will also make some partial adjustments, the US national system and the greed of capital will determine that this financial turmoil is still inevitable, but the scale and intensity may A little smaller than we predicted."

Mr. Wu took a sip of tea and continued: "It is impossible to sell the U.S. national debt now. If we insist on doing this, it may cause great turmoil around the world. Anyway, the U.S. It is still the only powerful country in the world today, and its economic and military strength, at least at present, is still difficult for all countries in the world to catch up with, and I think the central government will not fail to consider this point."

Mu Guoxing said: "Grandpa Wu, you are right. From an economic point of view, our country's GDP is less than one-third of that of the United States. In terms of military strength, the gap between us and the United States is even greater. Now It's not time for a showdown with them, all we can do now is to accumulate strength silently, but sooner or later this account will be settled with them. A rogue borrowed money from others, and when others go to collect debts, Threatening creditors is something that only this country can do.”

Mr. Wu said: "The distribution of wealth is what human beings have been fighting for for thousands of years. The greed of human nature is the most direct, obvious, and thorough expression of wealth. Since human beings have written records, there has been a struggle for wealth. There is also military competition in civil competition. Civil competition is a system that uses soft knives to kill people without blood, concentrating wealth in the hands of a few people, and military competition is to plunder wealth nakedly through war. The United States is The only country in the world that has both capabilities."

"The financial industry is a pure service industry, and he has the most money, but the money is created by others. Therefore, the profit in the financial industry is the most empty, and the gold content is almost zero. To put it bluntly, the task of the financial industry is to generate money. Money, they can only transfer wealth, not create wealth. And these people on Wall Street in the United States, they are the largest group of people engaged in this business in the world, and they have made huge profits in the process. More profits will require more funds. When we sell US treasury bonds at this time, it will touch their interests. For a sovereign country like ours, it will not work for them to resort to civil disputes. And if they want to keep their interests, their only means is to use force, that is, to launch a war."

Mu Guoxing nodded. He felt that Mr. Wu hadn't given a lecture for a long time since he retired. Today, when he met a student like himself, he wanted to give a good lecture no matter what.Since the central government has not stipulated a deadline for formulating plans, and Guangnan Province has no major issues to rush back to deal with, then simply listen to the old man's opinion.

Mr. Wu stood up, paced in the reception room and said, "I think the argument you put forward is very correct. It is very possible that the financial crisis was caused by the subprime mortgages in the United States."

"It is reasonable to say that the financial product of mortgage is very good, because the responsibilities and risks of the bank and the borrower are very clear. The borrower knows that if he cannot pay the monthly loan, he will lose the property and his down payment. The bank I also know that if the bad debts reach a certain level, the government will shut down the company and cancel its business qualification. With the balance of responsibility and risk, social activities are running smoothly.”

"However, now the US financial sector has adopted a new trick, selling the risks of bank loans to insurance companies, and the banks will pay a certain amount of insurance premiums and transfer the default losses to the insurance companies. In this way, the banks are making steady profits. and the risk is borne by the venture company.”

"American financiers are very shrewd, and insurance companies are unwilling to take advantage of this. After purchasing a large number of housing loans from many banks, they package this product and sell it to other financial institutions with a new face. To obtain the profit at that time. And the new financial institution that took over repackaged the product and sold it to the next financial institution. New packages are emerging one after another, each one is more complicated, but the original loan risk has not been reduced at all. , and is still expanding.”

VIP 660 [-] Chapter [-] new plan

Mr. Wu seemed to be tired from walking, so he sat down and drank tea for a while, and then said: "In this way, the snowball is getting bigger and bigger, and the housing prices in the United States are also constantly rising. When the speed of housing prices soars faster than the growth rate of residents' income At that time, this risk will explode one day. Because Wall Street has invested a large amount of money in it, and their funds have bank loans in addition to national debt, banks see that financial derivatives can make so much money , so that money will not be reinvested in the real economy. Once this risk breaks out, a domino phenomenon will occur, transforming the subprime mortgage crisis into a national financial crisis, and then spreading to the whole world."

Mu Guoxing stood up and filled Elder Wu's cup with boiled water, and said, "The greed of capital has made subprime loans in American real estate unable to stop. They are like a group of gamblers. Try to make as much money as possible, no one will see that the financial crisis will break out sooner or later. This is also determined by the social system of the United States. But in this way, they will try to pass the losses on to other countries. "Mu Guoxing thought for a while and asked again: "Grandpa Wu, do you think it is really necessary for our country to have so many foreign exchange reserves?"

Mr. Wu sighed: "In addition to being a symbol of a country's power, an appropriate amount of foreign exchange reserves can also deal with some unforeseen financial hazards. For example, the last Southeast Asian financial crisis occurred precisely because we had a large amount of foreign exchange reserves. Foreign exchange reserves saved Hong Kong’s economy and repelled the attacks of Soros and his gang. According to my calculations, it is most appropriate for our country’s foreign exchange reserves to be kept at 4000 billion to 6000 billion U.S. dollars. Excessive foreign exchange reserves are not It is a good thing that the money has been lent to others, and our own country still needs to print money to maintain a balance, if we cannot find a reasonable way out for this money, it will be very dangerous.”

The entire morning, the old and the young were talking about economic theories, until the staff came to invite them to dinner, and the two ended the discussion with unfinished business.

According to the instructions of the No. [-] chief, Director Wu of the No. [-] chief's office is responsible for coordinating the work of Mr. Wu and Mu Guoxing. At that time, Director Wu called these people in the name of the No. [-] chief's office.

All those who received calls from Chief No. [-]'s office, no matter how high his status was or how busy he was at work, must arrive at the small courtyard where Mr. Wu and Mu Guoxing were located on time, and provide Mu Guoxing with all useful information.Mu Guoxing also took this opportunity to get acquainted with many high-ranking officials, which also provided an extremely favorable condition for his future career development.

During the next week, Mr. Wu and Mu Guoxing talked with these people during the day to collect information from various aspects. After Mu Guoxing invited Mr. Wu to rest at night, he combined the information collected during the day and began to formulate the plan. A plan to deal with the financial crisis.The guards would often see the lights in the small courtyard study room being on all night. At first they thought they had forgotten to turn off the lights, but when they got closer, they heard the sound of crackling keyboards.

It was another sleepless night, Mu Guoxing walked out of the small courtyard, and began to run along the lakeside for morning exercises, perhaps because of the attention from above, the guards saw Mu Guoxing running, one by one stepped forward No one asked.

In the past few days, Mu Guoxing has become familiar with the area where he lives, and he is also very clear that Zhongnanhai was the royal garden in the past, covering a very large area. The area where he is now active is less than the entire area. one-tenth of the area.

Back in the small courtyard, Mr. Wu, who had already gotten up and washed, was doing Tai Chi in the small courtyard. When he saw Mu Guoxing came back, he said with some distress: "Guoxing, you haven't rested these days and nights. I can't take it with my hard-boiled body, so after breakfast today, go and take a nap for a while, and I'll talk to Director Wu, and we won't talk to anyone in the morning."

Mu Guoxing smiled and said, "Grandpa Wu, I'm a little anxious. The work here is very important and I must do my best to complete it. However, there is still a lot of work waiting for me in Guangnan."

Mr. Wu nodded: "Look, I have forgotten these things, but you are different from me. I am now unofficial and light-hearted. You are the governor of a province, and there are so many in the province. Things need you to deal with, so let's hurry up, but you must give me two hours of sleep this morning. "

Three days later, a new plan to deal with the global financial turmoil was finally drawn up. This tens of thousands of words in the plan can be said to be very detailed, involving all walks of life in our country.Mu Guoxing put forward no less than three countermeasures for each industry, so that the central government can flexibly decide which one to take according to the specific situation at that time.

This plan can be said to be much less effective than the first plan, but it is also the best method that can be adopted after the financial turmoil under the current international and domestic situation.

If the first plan can make our country's economic strength develop rapidly, and this plan can only make our country suffer less losses when the financial turmoil occurs.Although the growth of GDP will decline, compared with those of Western countries, the growth rate is still relatively fast.

Mr. Wu read the document for the last time, picked up a pen and solemnly signed his name on it, and then handed the pen to Mu Guoxing.

Director Wu received a call from Mr. Wu, and went to the small courtyard to take the top-secret plan in person. After about an hour, he called again and told them that the head of No. [-] will invite the two of them to dinner at noon.

This is the second time Mu Guoxing has eaten at the home of the head of the Central Committee.The last time was before Mu Guoxing went to Guangnan, Chief No. [-] met him once during the meal time. This time, under the current situation, Chief No. [-] invited them to dinner, which was very meaningful.

According to the agreed time, Mr. Wu brought Mu Guoxing to the home of Chief No. [-]. The report they just handed in this morning was quietly placed on the desk of Chief No. [-].

Chief No. [-] looked very tired. After shaking hands and greeting you, he said, "At first, No. [-] also wanted to see you, but I really couldn't make time, so I had to invite you to dinner, and use this time to talk to the two of you." talk."