The perfect future of rebirth

South Korea's economy is seriously affected by the US economy. It is no exaggeration to say that in comparison, once China's economic system encounters a global economic crisis, it is still able to resist. will be greatly affected.

The subprime mortgage crisis broke out in the second half of last year, and South Korea was naturally affected.

"In the second half of last year, the overall growth rate of South Korea's economy declined rapidly, and it reached a new low in recent months." Liang Jingyu said seriously to Zhao Fusheng: "In my analysis, it is very likely that this year will be even worse."

"You mean that South Korea may have an economic crisis?"

Zhao Fusheng frowned and asked Liang Jingyu.

Liang Jingyu nodded, "The news I got is that the Hanjin Group is in trouble. I guess, it is very likely that it will not be able to persist next year."

"so serious!"

Zhao Fusheng was quite surprised. Hanjin is one of the top large groups in South Korea. Is it going to come to an end?

Trying to recall the memories in his impression, Zhao Fusheng finally shook his head: "Old Liang, don't underestimate these chaebols in Korea."

"what?"

Liang Jingyu was stunned for a moment, and looked at Zhao Fusheng in surprise.

Obviously, he didn't understand what Zhao Fusheng said.

"You..."

Zhao Fusheng sighed, looking at Liang Jingyu's expression, he knew that Liang Jingyu might have gotten carried away because of the smooth development of Han Xing's future investment in recent years.

Of course, his complacency does not mean that this person forgets his fundamentals, but that he ignores certain dangers around him that can cause fatal damage to the company.

In other words, Liang Jingyu didn't realize that South Korea is different from most other countries.

"Chairman, please make it clear." Liang Jingyu knew what he must have done wrong when he saw Zhao Fusheng's reaction, otherwise the chairman would not be like this, so he quickly asked Zhao Fusheng.

"Do you know the plutocratic economy?"

Zhao Fusheng was not in a hurry, and asked Liang Jingyu slowly.

Liang Jingyu was stunned for a moment, but still nodded: "South Korea's unique economic situation, the vast majority of power in this country is actually in the hands of chaebols."

"Yeah, it's ridiculous, isn't it?" Zhao Fusheng smiled and said to Liang Jingyu: "Speaking of the chaebol economy, we all know that the South Korean economy took off when Park Chung-hee was president, which is the so-called miracle of the Han River. After World War II , Few countries in the world have successfully moved from low-income to high-income, and South Korea is really a special case.”

"Do you know how a low-income country becomes a high-income country?"

While talking, Zhao Fusheng looked at Liang Jingyu and asked.

Liang Jingyu laughed, he also graduated from a serious economics major, how could he not be able to answer this question, he opened his mouth and answered: "Of course it is to develop industries, especially heavy industries, so that the national economy can develop. "

Zhao Fusheng nodded with satisfaction: "Yes, generally speaking, how to develop heavy industry? We know that most countries have actually failed because there is not enough funds, not enough manpower, and not enough technology.

Domestically speaking, we have been relatively successful. After all, the nature of the country is there. We can concentrate our efforts on major tasks, take advantage of the gap between industry and agriculture, sacrifice the income of one or two generations, and lay a good foundation for the entire industry.

South Korea is not like this, capitalist countries do not have this state, so what state did South Korea choose?

South Korea chose a chaebol economy.

What is a plutocratic economy?

Choose one or even several relatively strong companies at the national level, endorse the credit of this company at the national level, and give you a lot of funds and bank loans.At the same time, the state provides you with a large number of monopoly positions, allowing you to grow rapidly.Once you grow to the point where the Korean market is not enough for you to play, National Credit will help you go overseas and compete in other countries.

In this competition process, you are a private company in name, but in fact you are a Korean state monopoly company going overseas to compete.Such a state allowed the South Korean economy to stand out briefly within a few decades, and quickly reached the level of the world's high-income countries. "

Liang Jingyu was dumbfounded. He never expected that Zhao Fusheng had studied the Korean chaebol economy so thoroughly, which was more than what he knew.

Seeing his expression, Zhao Fusheng knew what this guy was thinking, and continued: "It should be said that the Korean economy has developed perfectly in the past few decades, and it has indeed blazed its own unique path. Raise the entire country's economy rapidly.

How strong is South Korea's chaebol economy?

Let me give you an example, Hyundai Group, one of the five largest chaebols in South Korea.It was only a small factory with more than 100 people before Park Chung-hee became president. Since the father of its founder, Jeong Joo-young, was the teacher of former President Park Chung-hee, the Park Chung-hee government injected a lot of capital into Hyundai Group to make Hyundai The group quickly came to the fore. "

As he said that, Zhao Fusheng looked at Liang Jingyu: "How about it, do you think it's a joke?"

"Yeah, this is too..."

Liang Jingyu no longer knew what words to use to describe it.

Zhao Fusheng shrugged and didn't say any more.

In fact, he still has something to say.

Is the chaebol economy good?

Well, it really helped South Korea a lot during the take-off stage.

But is there a problem with the plutocratic economy?

There are also problems, and the problems are too big!

You know, which company to choose to invest in and which company to support is completely an act of the government. If it is in China, it will be no problem. It makes sense to support state-owned enterprises with all their strength and earn money for the whole people.

However, large companies from Samsung to Hyundai to Hanjin are all private chaebols and private companies.And unlike the United States, most of the large companies in the United States are listed companies and public companies, and the founder's family no longer holds many stocks!

Whether it is Samsung or Hyundai, these big companies are definitely private companies or family companies. In other words, they use the financial resources of the whole country to support the growth of a family!

Therefore, the chaebol economy has led to a particularly close integration of South Korea's politics and economy, and later generations also call this situation crony capitalism.

To put it bluntly, Zhao Fusheng believed in the predicament of Hanjin Group that Liang Jingyu could foresee.

However, in his opinion, it is impossible for Hanjin to go bankrupt and collapse in a short period of time!

Some things, not just seeing them, will definitely happen.

"Chairman, do you mean that Hanjin will not go bankrupt?"

Liang Jingyu is not an idiot. Zhao Fusheng wasted a lot of saliva on Korea's chaebol politics. If he still doesn't understand what the boss means, then he is not stupid, but stupid.

Zhao Fusheng nodded: "It's not that it won't go bankrupt, but it's not possible now, or in the short term."

Liang Jingyu frowned slightly: "Then what do you mean, why don't we take this opportunity to do something?"

"Haha, you."

Zhao Fusheng laughed, pointed at Liang Jingyu and said, "I found out, you seem to be very greedy, you always want to make something happen in Korea, remember my words, be patient, understand?"

patience?

Hearing Zhao Fusheng's words, Liang Jingyu was stunned for a moment, and told him intuitively that the boss in front of him seemed to be thinking of something in his heart, and this idea was obviously aimed at Koreans!

Chapter 88 Employment without doubt