Reborn Financial Overlord

"Impossible. It's absolutely impossible.

Western economics is an advanced theory that is unanimously recognized all over the world.

All Ivy League economics professors at Harvard University, Cambridge University, and Princeton University have unanimously published papers, and the academic community has long had a consensus on this.

Economics is a science, and science knows no borders. It is definitely not what you said.

On an economic basis..."

Huang Guoqiang rushed in front of Shen Jiannan like crazy, wanting to grab Shen Jiannan's neck for questioning, but before Huang Guoqiang could get close, Tang Dunhou grabbed Shen Jiannan's neck like a chicken.

Regarding Huang Guoqiang's madness, Shen Jiannan's eyes flashed with sadness, but in an instant, it was full of cold ridicule.

"Science has no borders? You can ask Mr. Qian to see if he will give you two slaps.

Academic consensus?

What you call Harvard and Princeton can represent academics?Do you know how Princeton University came about? "

"..."

Chapter 26 The Overseas Schools Gather

imperial capital.

State Economic and Trade Commission, Ministry of Foreign Economic Relations and Trade.

Affected by the violent turmoil in the European financial system, executives from various departments of the ministries and commissions sat together again to discuss future development plans.

Economic development is inseparable from the support of capital and technology. This is the most obvious truth, and it is also a fact that can be seen with the eyes.

Just like Thailand and South Korea, due to the large scale of foreign investment by major Japanese chaebols and group companies, the economies of these two countries have achieved considerable development in just one year, with employment, gross national product, and per capita income increasing sharply.

Especially Thailand.

Since Sonny, the governor of the Bank of Thailand, took office, he has carried out drastic economic and financial reforms. First, he released the external restrictions on the stock market, and then gradually opened up the domestic financial industry and the real estate market. Later, he fully liberalized the financial market and established an offshore financial center. In just a few years, it has attracted large-scale foreign capital to settle in Thailand.

One year.

From being at the bottom of the four little tigers, it has become the leader of the four little tigers in a single jump. With its violent development momentum, it is even very likely to become a developed country.

Get rid of poverty, increase employment, increase per capita income, and increase national income.

With living examples in front of you, who can not be tempted?

But Zhang Youwei did not expect that the reform plan he rushed out overnight was not directly passed.

"In 360, the turmoil in the European economy is a big opportunity for us. According to the report, the total capital outflow from the European market recently is at least [-] billion US dollars."

"There is also Japan. The latest policy of the Japanese government shows that they are increasing their overseas investment promotion. South Korea and Thailand have inflowed at least [-] trillion yen in capital from Japan in the past year. Sumitomo Rubber Group alone The new plant established by the two group companies of Toyota Motor Corporation and Toyota Motor Group in Thailand has invested as much as US$[-] million..."

"..."

"Thailand's development is in front of us. Their success can fully prove the importance of a free market economy. This is just like homework waiting for us to copy!"

"..."

Seeing the dissatisfaction and excitement on Zhang Youwei's face, Nian Yaoshun put down his teacup and smiled humbly.

"Xiao Zhang. I understand that you are passionate, young, energetic, aggressive, and enthusiastic, but this matter is related to the future of the country and the nation. We will listen to the opinions of other comrades before making a conclusion. It's not too late."

"Minister of the Year. Don't miss this opportunity. We've been discussing this for more than two months. The British economy 20 years ago was not much better than ours now, but it took them 20 years to get out of the economic quagmire. hit a new high in economic growth.

When I was in the UK, I deeply investigated the principles of this. Since Mrs. Thatcher came to power, she began to gradually promote the process of privatization and at the same time relax the restrictions on the financial market.It is these two basic principles that the UK was able to get out of the economic downturn in the shortest possible time.

My mentor was a professor of economics at Cambridge University, who was one of the staff of Thatcher's cabinet government.

I asked him for advice, and his opinion is also that a fair and free market can attract more funds, because economically, the global economy is actually a flowing pool, where the depression is low and the freedom is high, its The higher the activity, the stronger the vitality and the greater the potential. "

"There are also Finland, Sweden and Italy. The developed countries in Europe all have one thing in common. In their development process, the financial market has played a great role in promoting them."

"..."

One may be survivor bias, but two or three cannot be explained by survivor bias.

Nian Yaoshun couldn't help but frowned and habitually touched the cigarettes in his pocket. He didn't take a sip until he realized that all the people present were college students who were not suitable for smoking.

After a long time, he put down his teacup and said, "Xiao Zhang. I agree with you. Finance does play an unusual role in modern economic development. That's why the country gradually pilots the securities market and futures market. But I still think that, It is too risky to rush to fully develop the freedom of financial markets."

"The Ministry of Years..."

"Xiao Zhang. I didn't say I disagreed. Let's listen to what other comrades have to say and refer to it. What do you think? Xiao Wang, what do you say?"

"I agree with you, Minister. A free financial market is not inevitable for development. Just like Germany, the German financial market has very high restrictions on foreign investment, not to mention various thresholds, and high tax rates. But the German economy, but It has always been the big brother of Europe. This is due to Germany's two consecutive defeats in World War I and World War II and the huge compensation for war damages.

Why is this happening?

When I was in Germany, I clearly understood why Germany is so strong.

The rigorous attitude of the Germans is crucial. For example, in automobile manufacturing, the economic situation in Europe has not been good in recent years. Most automobile brands in other countries are operating at a loss, but Volkswagen Group and BMW Group have always been profitable.And Germany's economy has been growing.

People are not completely dependent on the financial market, but with technology as the core.

In the minds of the Germans, such things as finance are imaginary, and technology is the kingly way. I agree with this point very much.There is no basic industry, and technology is used to engage in finance, even if the basics are chased, it will be a castle in the air. "

"Director Wang, you can't say that. Is it inferior to the Soviet Union in terms of industrial technology? Even if East and West Germany are now merged together, they can't compare to the Soviet Union's original industrial level. They can fight against the United States, most of Europe and us on their own. It is said that the Soviet Union was second in the world in terms of technology industry at that time, and the United States would not dare to admit that it was number one.”

"As a result, it turned out to be a mess in the financial battlefield. If the Soviet Union had paid attention to the financial market at the beginning, it would not have been split into the current fifteen countries. Finance is not only economics, but also in the current international situation. It is a strategic weapon, and secondly, it can expand the scope of financing and bring more funds for the development of science and technology and industry."

"..."

Nian Yaoshun heard that there was one head and two big ones.

What both of them said is reasonable, and there are living examples in front of them. It is really difficult to make a choice.

Rationally, he felt that what Zhang Youwei said was quite right. Thailand and China are neighbors. The ready-made examples are there, just like copying homework. Just copy the homework with the answer.

But in terms of emotion and gratitude, he is more inclined to Wang Shoucheng's theory. Without solid industrial technology, financial things always feel particularly imaginary.

It is not the weakness of the weak, but the weakness of the heart.

Because, until now, he still hasn't quite figured out what it is.

Nian Yaoshun didn't dare to make a decision on such an important matter, so he glanced at Tang Chaoke who had returned from studying in Japan.

Although China is similar to the Soviet Union in terms of national system, it is closer to Japan in terms of culture, tradition and ideology.

If Japan can become the second largest economic system in the world, it must have valuable experience to learn from.

"Little Tang. What do you think?"

"I think what the two seniors said makes sense."

"......"

What did this kid go to Japan to learn?

How good I didn't learn it, I learned all the double-faced swords of the Japanese.

"I have studied the history of Japan's modern economic development. The reason why the Japanese were able to rise rapidly again after the war was that apart from the support of the Americans, a large part of the reason was that they fully absorbed the financial changes in the Western economic system, but at the same time It has the persistence of the Germans in industrial technology."

"The Japanese also engage in finance, but judging from the operation of the Ministry of Finance, in Japan, the financial market is just a tool. It is a tool used to promote economic and industrial development.

In Japan, there are mainly two groups that dominate the financial market, one is state-owned capital, and the other is ordinary investors, that is, retail investors.

This is reflected in the fact that Japan's investment funds are basically all controlled by state-owned capital and there are no foreign capital or private equity management funds.

Its purpose is mainly to facilitate the financing and development of enterprises in the financial market, rather than the financial market economy. "

"And there are three pillar industries that really make Japan the second largest economic system. First, real estate. The development of Japan's local industry has transformed the country's labor force to the greatest extent and promoted economic development.

Second, technology.

After the war, although the Japanese were forced to abandon their military factories, those military factories turned to private development. Not only did the technology not stop, but they were innovated to the greatest extent.

For example, Kawasaki, the current shipbuilding industry orders that Kawasaki receives every year account for almost 50.00% of the global shipbuilding market[-].

The second is the major car brands. The leading manufacturing level has allowed Japanese cars to spread all over the world.

There are also products such as daily chemicals..."

"The third is commodity resources. Japan's four major grain merchants almost control more than 60.00% of the total trade volume of the Asian agricultural and grain market, while Sumitomo and Mitsubishi affect the price changes of global non-ferrous metals."

"The last point is the financial market. The Japanese developed the financial market more to influence the pricing power of commodity resources to serve the big chaebols, not for the financial market economy."

"So I think we can develop finance, but there is no need to fully open the financial market like Western countries. Bulk resources and industrial technology are the core of development, and finance can only play a supporting role.

Just like the real estate market I mentioned a few years ago, it has immeasurably huge potential for transforming labor. ,

We have a population of more than one billion in China. Think about it, if these populations are converted into labor resources, how much wealth can be created? "

"The pilot project in the real estate market is indeed relatively successful, but the financial..."

Bang, bang!

Suddenly, there were two knocks on the door. When Nian Yaoshun turned his head, the secretary hurried to his side and lowered his ears.

Huahai University, School of Economics.

As Shen Jiannan's voice paused, the students present suddenly started talking.

"How is this possible? The purpose of Princeton University was to hide drug money from drug dealers?"

Chapter 27 Goes Into History

"Teacher Shen is not joking!"

"Princeton University established by drug dealers to hide drug money? This... how is this possible!"

"This...how is it possible! Princeton University is one of the Ivy League universities, this is impossible."

"..."

Following Shen Jiannan's explanation, the students present fell into a heated debate.

Princeton University was established by drug dealers to hide drug money. For students, this sentence is the same as the destruction of the three views.

You know, this university is one of the [-] founding institutions of the Association of American Universities, and is also a member of the famous Ivy League. It has repeatedly ranked among the top three universities in the world.

Even the German physicist Albert Einstein, who provided the fission formula for the development of the atomic bomb, served as a professor in Princeton after he went to the United States. In its 200-year history, two American presidents were born, and many justices and members of Congress.

Such a university is the highest hall of knowledge in the hearts of many students. It is no exaggeration to say that it is even a hall of honor like faith.

But now, some people actually say that the purpose of this university is to hide funds from drug dealers.

A thing called faith was torn apart by people. The panic and shock made many people mutter to themselves. They couldn't believe that the purpose of Princeton University was to hide drug money from drug dealers.

What is a drug dealer?

He is extremely vicious, interests are paramount, and he has harmed countless people. There is nothing he can't do for money.

A university founded by drug dealers...

Of course, not everyone is blown away by the Three Views.

Hearing that someone dared to doubt Shen Jiannan's words, he immediately turned his face.

"There is nothing impossible. You forgot what Teacher Shen said, there is no impossible in this world, only infinite possibilities."

"Exactly. If everything is impossible, how can human beings progress. If Mr. Shen dares to say that, it must not be groundless."

"But, that's Princeton University..."

"What's wrong with Princeton? The professors in their school's physics department and economics department are all engaged in capital management. Why haven't we seen them destroy the Finnish currency? But our teacher Shen did it. Huahai is not as famous as them, but not worse than them."

"What's at the heart of capitalism? It's refined egoism and meritocracy. It's no wonder universities were built by drug dealers."

"No wonder I heard that some people donated to those Ivy League universities, and the donation was hundreds of millions of dollars. Is it possible that it is to transfer drug funds?"

"How is it possible. The United States is also anti-drug."

"You don't understand what capitalism means at all. Didn't Mr. Shen say that you can do whatever you want with money? I heard that universities in some states in the United States openly teach marijuana cases."

"..."

Hearing the discussions among the students around, Shen Jiannan couldn't help but smile.

Was Princeton University founded by drug dealers?

Maybe, maybe not.