Reborn Tech Maniac

Chapter 858 Drinking a Glass of Tequila

……

Because after Bill Clinton came to power, he carried out some radical social transformation plans, which triggered a backlash and completely upset the conservative forces in the mainstream of American society. As a result, after the results of the mid-term elections came out this month, The Democratic Party collapsed thousands of miles and retreated in an all-round way; the Republican Party won a complete victory and the revolution was successful.

Specifically: the Democratic Party lost 8 seats in the Senate and 54 seats in the House of Representatives; after many years, the Republican Party finally took full control of the House of Representatives and the Senate for the first time, ending the Democratic Party's 40-year control of Congress. At the same time, the Republican Party also won more than half of the governor's seats and successfully controlled more than half of the state assembly seats for the first time.

You know, since Franklin Roosevelt came to power in 1933 and implemented the New Deal, the Democratic Party has controlled Congress for a long time, and the Republican Party only controlled Congress from 1947 to 1949 and from 1953 to 1955. and control of the Senate during the Reagan presidency.

It was during the period when the Democratic Party controlled Congress that the American Civil Rights Act and the Peace Rights Act were promoted, and at the same time, public finances increased significantly; especially during the Democratic Party's administration in the 1960s, the big social programs and poverty relief programs promoted Declaration of war and other measures have greatly increased the power of the federal government, and subsequently the government budget and expenditures have also increased significantly.

The "New Deal Coalition" that began with Roosevelt's New Deal enabled the Democratic Party to dominate the U.S. presidential election for 36 years until it collapsed in 1968 and the Republican Party's Nicholasson came to power.

Bill Clinton's ambitious attempts to recapture that glory only dealt an even worse blow to the Democratic Party.From January next year, he will be a veritable "bad duck" president.

Bill Clinton, who has a sense of loneliness that "I would have set my heart to the bright moon, but the bright moon shines on the ditch", this time he came to Bogor, Indonesia to attend the APEC summit, was naturally not very interested, and the private walk with the richest man was even more interesting. Don't hide your personal emotions.

After hearing Tang Huan mention the turmoil in Mexico's financial market, Bill Clinton asked absently, "If there is a financial crisis in Mexico, how can it make the United States worse?"

"Under the general trend of global economic integration, everyone will prosper, and each may have to rely on his own ability, but everyone will lose, as long as he does nothing." Tang Huan said leisurely: "At that time, a large number of unemployed Mexicans will Crossing the border and pouring into the United States will increase the financial pressure on the federal government, and even the benefits that the United States can get from the North American Free Trade Area will shrink, traditional enterprises will be affected, interest in IT spending will decrease, and high-tech industries will be hit."

Bill Clinton paused for a moment before answering seriously: "I heard from my staff about the situation in Mexico - the United States will never let a financial crisis break out on its doorstep."

Tang Huan mused: "In January next year, the new members of Congress will take office. By then, I'm afraid the noise of everyone sweeping the snow away will be louder."

Bill Clinton sighed softly, and asked humbly: "There are hundreds of thousands of employees under Tang's command, but they are in order. They have been rated as the best employer by the media for many years, so they are naturally very rich. Leadership charisma—do you have any good suggestions for my reference?"

After the New Deal coalition became popular, in terms of the domestic image of the United States, the Democratic Party is considered to be a party representing the working class and low-income groups, while the Republican Party is regarded as a representative of the business community and high-income groups—— The former supports the big government, spends a lot of fiscal expenditure on national economic projects, and helps those people who are at the bottom.The latter represents a restricted small government, with relatively little fiscal expenditure invested in national projects and less interference in business.

Of course, this is just a generalization. When it comes to specific people and things, you have to fight for resources and energy according to your ability.

Tang Huan cannot be said to be completely inclined to the Democratic Party or the Republican Party - as a "vulnerable group", he needs the political correctness of the former, but the Tang IT Kingdom also wants the so-called non-interference of the latter.

There are many conflicts like this, but this is the way to check and balance - if you don't recognize the essence of the rules of the game, in the end, you will be the one who suffers.

Tang Huan is still very happy to see the successful results of the Republican revolution - in the first dozen years before the rise of Tang's IT kingdom, the Republican Party and the Democratic Party fought against each other in the president and Congress; now that the presidential throne has been replaced by the people ~Now that the main party has come to sit down, the seats in Congress should be freed up.

In short, Tang Huan, who has little choice, is quite satisfied with the current new balance state, and then hopes that Bill Clinton, who has been frustrated, can regroup and deal with his political opponents evenly until the end .

So after serious thinking, Tang Huan seriously analyzed: "Before this year's mid-term elections, the conservatives within the Democratic Party were an important force, and they were relatively easy to cooperate with the Republican Party; and this time In the mid-term elections, almost all of these groups were brought down."

"If the White House wants to alleviate the resistance it encounters in governance, the most realistic way is to find the buffer between the Democrats, Democrats, conservatives and the Republican Party—maybe, you can draw an isosceles triangle and put the White House at the apex. , so as to maintain the same distance with members of both parties in Congress, so as to adopt a position in the middle of the two. Of course, more professional people need to be consulted on how to operate. "

After Bill Clinton listened to this suggestion, the first thing he felt was that he had no idea, but until now he couldn't find a better solution, so he could only laugh at himself: "This 'crazy duck' president, I It's settled."

……

After attending the APEC summit, the richest man did not leave Indonesia immediately, but made friends with some famous local Chinese businessmen.

Tang Huan has no direct investment in the IT industry in Indonesia, that is, Qinhe has cooperated with local Chinese businessmen in some projects.

On the whole, although Indonesia is rich in resources, its investment environment is definitely not comparable to that of Singapore and Xiangjiang, and the richest man is not very concerned about it.This is also revealed from the content of his inspection work.

For example, when Tang Huan visited the office of a local subsidiary, he paid extra attention to the monitoring system, and even checked the shooting range of the camera himself.

The extra time for the richest man to stay in Indonesia was not long, and his subordinates had to regard the company’s monitoring system as a future work focus if he wasted so much time—maybe this is related to the rumor that through the Internet, the boss It is even possible to hold video conferences in the United States with employees around the world, including Indonesia, to directly understand the situation on the spot.

Next, the richest man accepted the invitation to visit neighboring Singapore and Malaysia, and had a close look at Indonesia and Malaysia, members of the "Asian Five Tigers" whose GDP growth rate has remained above [-]% in recent years. learn.

The original trajectory of time and space is really not that easy to change - under their prosperity, the seemingly solid fortress is completely undefended for the calculations of those who are interested.

It seems that the Asia-Pacific circle that I value is doomed to a bad fate.

……

When Tang Huan returned to the United States, it was already December.Christina, the female shipping queen who went to Mexico City for sightseeing, also returned to the United States soon.

"Except for some special assets, which are waiting to be liquidated in order to buy bargains, everything else has escaped." Christina pointed to a document with a smile and said: "I'm just waiting for you to fill in the revised number."

Tang Huanti put the finishing touches on his pen, and then explained: "The assets invested by U.S. mutual funds in Mexico are estimated to be around US$450 billion - I estimate that the Clinton government, which will definitely provide assistance, will use it The scale of funds shall not be less than US$300 billion.”

The female ship queen was surprised: "The United States is so good to Mexico? This is almost the same as the defense that the United Kingdom could achieve when the British pound was attacked. Can the Congress agree?"

"Who made Mexico right on the doorstep of the United States?" Tang Huan smiled slightly, "If the White House does not intervene, then the situation it faces will not only be made difficult by Congress."

In the last year of the 1980s, Latin American countries were in debt crisis and urgently needed domestic economic reforms.

To this end, the American Institute of International Economics invited researchers from the International Monetary Fund, the World Bank, the Inter-American Development Bank and the U.S. Department of the Treasury, as well as representatives from Latin American countries, to hold a seminar in Huashengdun aimed at providing economic reforms for Latin American countries. Provide solutions and countermeasures.

Economist John Williamson of the US Institute of International Economics wrote the "Hua Shengdun Consensus", which systematically put forward various proposals to guide Latin American economic reform, which was supported by the World Bank.

The content includes monetary policy——promoting floating interest rates; trade and capital policy——promoting trade liberalization and foreign capital entry liberalization, etc.

In this era, the "Huasheng Shield Consensus", like "shock therapy", is a popular theoretical system, promoted by international organizations such as the International Monetary Fund and the World Bank in developing countries.

Not everyone can become a universally applicable truth. These things cannot be said to be absolutely correct, nor can they be said to be completely wrong. The key lies in adapting measures to local conditions and applying what they have learned. ~ From the flow, don't expect it to be willing to be a well-behaved baby.

To put it simply, the current economic problem of Mexico, which has copied everything, is that it abuses short-term foreign capital to make up for its current account deficit, and in order to stabilize the confidence of foreign investors, it issues short-term bonds to protect the inflated value of the Mexican peso. , so that the foreign exchange reserves are getting smaller and smaller, and the result is the same as those who rely on credit cards to overdraw their future to maintain their current material life. The flash space for demolishing the east wall to make up for the west wall is being compressed smaller and smaller, and the collapse is just a short distance away. One step away.

In particular, the political turmoil in Mexico this year has added uncertainties out of thin air.

Of course, there are many savvy people who sense the approaching financial risks in Mexico, and one of the major manifestations is the phenomenon of capital flight.

But any such upcoming speculation will definitely be settled.Otherwise, the tragic product that will be involved in the end will be yourself.

Of course, Mexico does not want to collapse on its own, but it has been broken into a sieve. The United States can only be the successor because it is afraid of being affected. The determination of this big shot's entry, the timing of the entry, and other information have become the game. key.

What Tang Huan has to do is to use the resources he has accumulated to accurately capture the most important information quietly; as for the specific operations, there are naturally trustworthy people in charge.

In this way, the richest man was sipping the Mexican glass of tequila in an orderly manner while sorting out the manuscripts that were about to be handed over to the publishing house.

……

12月20日，于本月1日就职的墨西哥新任总统埃内斯托·柴迪洛宣布，墨西哥比索贬值13%到15%。

This decision to abandon the previous administration's promise not to devalue the Mexican peso directly crushed any chance investors had for policy makers, and they began to sell Mexican pesos frantically and snap up dollars-the inflated Mexican peso is very likely The panic of another depreciation immediately spread.

Mexican peso crisis broke out!
On December 12, the heavy news broke out again-the Mexican peso implemented a floating exchange rate.

As a result, the Mexican peso plummeted from 3.4:1 to 7.2:1 against the U.S. dollar in free fall.

In an effort to curb capital flight, Mexico's central bank raised interest rates, but that did nothing but hamper growth prospects.

At the same time, some of Mexico's debts have matured, and it has had to consume precious U.S. dollar reserves to maintain its credit, but the Mexican government is still facing an imminent sovereign default.

The current national economic system affects the whole country - the stock market plummets, inflation, etc. are all happening one after another.

Although psychologically prepared, the Mexican government is still struggling. While launching an emergency economic rescue plan to reduce the current account deficit to a level that can be paid as soon as possible to actively save itself, it also applied for emergency loan assistance from international financial institutions to help Mexico. The government tides over the difficulties and reduces the losses of foreign investors.

At this time, there were two documents on Tang Huan's desk - one of them was US President Bill Clinton and Treasury Secretary Robert Rubin, Federal Reserve Chairman Alan Greenspan, and Lawrence Summer the Minutes of the meeting; the other is the 1995 Mexico Debt Disclosure Act that the White House is about to submit to Congress.

(End of this chapter)