blackstone code

Chapter 1783 Changsuoyuyan
In front of the TV, some viewers who were watching the show exclaimed, and some even jumped up and stood on the sofa and shook their buttocks rhythmically to express their surprise!
Many people do not have any direct views on income and wealth. They always subconsciously think that their income is lower than the normal standard, or that their income cannot meet their daily needs!
It is precisely because of their views and opinions that every once in a while, the lower class will launch demonstrations to demand that the capitalists give them a raise in wages.

But today, just now, when they learned from those experts that some people had less income than them, those who thought their wages were already at the bottom of the federation were shocked!

An income of tens of dollars a year, or even an income of only a few dollars...

They dare not imagine how such a little money can make people live!
"Maybe...they have their own land and they can grow crops so they can support themselves without income!"

These audiences guessed that they could only think of this, and their brains couldn't turn at all in the future!
In fact, the per capita income of the federal government is among the top in the world, while the latter are far behind.

The federal people themselves don't feel how happy they are, but those experts know it very well.

There are at least 22 billion people whose income is lower than the federal per capita income, and the problem of experts is as simple as that.

How can these relatively low-income groups develop into a federal market?

Some people are very concerned about this question, but some people already know the answer.

Lynch smiled reservedly, "We discussed this issue a few years ago. I remember we were before the establishment of the joint development company."

"Many people are not optimistic about the market in Nagalil. Most people, the vast majority of people, they are not optimistic."

"90.00% of Nagalil's population is ultra-low-income people, and more than 60.00% of them have never been exposed to currencies above the middle denomination from their birth to the time of our survey."

"About 15.00% of people have never obtained their own currency in their entire lives, and they are still in the social stage of bartering."

"But it is such a place that is so poor that we can't find a suitable language to describe it, and now it has become the most important market for the Federation."

People around nodded, especially those capitalists.

The consumption power of the market in Nagalil began to increase, and someone interjected at this time, "I remember reading a material at the beginning of this year."

"The total value of various commodities we exported to Nagalil last year exceeded 200 billion. When we first got this market, the total export was less than 15 billion."

Lynch nodded to the man to express his gratitude, and at the same time turned his head and continued to look at those people in the auditorium, "In a few years, the market size of Nagalil has expanded by more than ten times."

"Most of this is consumed by ordinary people. Maybe some people don't know how we do it. It's actually very simple!"

He held out a finger, "We just need to give them a job, that's enough!"

"With the full recovery of the federation's economy, the recovery of production, and the recovery of finances, the products of the federation are now sold all over the world."

"If you have paid attention, you should have discovered that in this special period, anyone who wants to work will definitely find a job!"

"There are far more jobs than people looking for them, and there is a federal labor gap."

"We hire them to work for us, we pay them, and we make them our customers, paying for our merchandise!"

"Nagalier is a good proof that this theory is feasible and extremely effective!"

People started talking, and the expert's expression became very serious. He didn't refute Lynch immediately, but talked with the people around him.

A lot of data can't be hidden at all. As long as these people want to investigate these materials, they will definitely be able to find them.

The market in Nagalil is far from saturated. As people's income increases, their consumption desire will become stronger!
However, they themselves could not produce the commodities they loved at all, and in the end most of the consumption returned to the Federation.

In fact, the Federation is doing the same thing in Maliro. The Malilo Resource Development Corporation has given many jobs to Maliro people. Some people in China say that this is giving job opportunities to others.

But in fact, this is cultivating the market.

The full circle came when the Marillos were paid for the work the Federation gave them, and then used that payment to buy the goods of the Federation.

The situation in Marillo and Nagalil has something in common, that is, they both lack a complete industrial environment, even light industry.

This also means that they can only rely on imports from the Federation in terms of consumption, and the stickiness of users will be very strong!
It can even be said that to a certain extent, the goods can be underwritten!

All the investment in the early stage will be recovered bit by bit in the follow-up operation.

Everyone had a lively and intense discussion on this issue, and some people thought that they were actually lying to themselves by doing so!
Because those people had no money at all, and their money was given to them by the federal people. They did return the money to the federal merchants, but they also got the goods!

For this statement that Lynch was not involved, those experts refuted it.

Although they did get the goods in the end, they actually paid for their wealth—labor!

In fact, from a certain point of view, this also thoroughly demonstrates the exploitation and oppression of the working class by capitalists!
It is very likely that the commodity itself that these people finally get comes from their labor!

It is possible that they produced ten goods, bought one of them with their wages, and sold the other nine to others, or to people in other countries...

In this regard, some people are academic experts, some people are practical experts, and everyone stimulates their interest in talking about everything related to economics and finance.

Lynch also began to listen carefully to other people's problems, looking for some experience that he could gain, or something else.

Everyone here has a lot of experience and experience, and they can't stop talking about what they are good at.

From abroad, from discussions to domestic ones, from the economy and finance itself to related peripheral components, there is nothing that cannot be discussed, and everyone has gained a lot.

This event is very exciting and very important to some people, but to others, and most of them, it seems a bit boring.

The ratings are also constantly decreasing, and they are finally attracted by those shitty TV dramas, talk shows, variety shows and other programs.

But the atmosphere at the scene was still warm.

When the event was about to end, an audience member suddenly asked a question.

"Professors, and gentlemen, I've been listening to your discussions all evening, and I have a little question here."

"We are always talking about cost and profit. Since foreign labor costs are low, resource costs and transportation costs are also lower, why don't we relocate more factories abroad?"

"Just now I heard Mr. Lynch and several other gentlemen talk about some job vacancies. We can completely assign part of the work to people in areas with lower costs."

"Maybe more?"

After the question was posed, the stage fell into a brief silence. The first time this guy asked the question, the word "de-industrialization" appeared in Lynch's mind.

But as far as the current situation is concerned, it is too early for the Federation to talk about deindustrialization, and this is not a good phenomenon.

Deindustrialization is a very complicated process, and it is also a relatively dangerous process, just like the previous Great Depression.

In fact, the previous Great Depression can be seen as a rehearsal of the failure of de-industrialization. Once the industry is transferred, the domestic commercial structure will begin to shift to agriculture and service industries. At the same time, it will no longer be physical trade but finance that will support the federation.

Financial risk resistance is the worst among all industries. It does come in quickly, and a gossip can make a group of people double their wealth in a short period of time.

But it also has no ability to resist risks. The same gossip can turn some billionaires into paupers in an instant!

Moreover, if the financial recession wants to recover, without the support of the real industry, it will be very slow!
This is actually not difficult to understand. When people fry an ordinary stone to 100 yuan, someone exposes this lie or some other reasons. In short, the stone returns to its original price.

All the people who hold the stone are bankrupt, and it is almost impossible for them to raise the price of the stone again.

It's only slightly possible to do that unless you repackage the whole thing and turn the stone into something alien to people.

But the real industry will not, a ton of steel is a ton of steel, as long as there is demand from the society, it will definitely be valuable!
In the factory where Nell worked before, those workers stole the raw materials in the factory and produced goods to sell, and they could exchange those goods for money, or something else.

But those who hold stones will never be able to exchange stones for anything!
This is where the anti-risk capabilities of the entity and the finance are different. No matter how bad the entity industry is, the impact will not be so bad that it cannot be exacerbated.

But finance will!

Deindustrialization and the transfer of all physical industries abroad seem to be a good thing, but once there are unpredictable or unconquerable risks.

For example, wars and the like, once the federation's finances are out of control, it will collapse in an all-round way, and society will go back decades by then!
But it's just a financial recession, but it won't make the real industry also decline, it will still be very strong!

(End of this chapter)