Rewrite the Technological Landscape

Chapter 1034 High debt risks

After Meng Qian finished the call, he took his seat. He just stepped forward to talk to Meng Qian. The politician named Malthus spoke again, “I heard that you are already talking about standards integration today?”

Everyone looked at Meng Qian in unison, and Meng Qian didn’t mind, and nodded calmly, “The standards are not uniform, and there is no way to advance cooperation in the future. Naturally, we have to put this issue first to discuss this issue clearly.”

Malthus made an ignorant look, “But as far as I know, the standards led by China Xia are limited to a few industries. After the full global cooperation is true, what is the mode of access for more past standards? Will there be any trouble?”

“The standard is not a static thing, it can be optimized and changed according to the changes of the times, Mr. Malthus need not worry too much.”

“That’s it. It seems that everyone’s communication is really smooth. Then I would like to ask Mr. Meng if I have a question.”

“you said.”

Malthus has always been that kind. “Now technology has penetrated into various fields, but what you are talking about together is mainly about the future technology development direction among enterprises. What about the entire technology development? We are thinking recently. We are preparing to carry out several big technology projects. Since the technology companies of our two countries are about to start a new era of cooperation, will Dafeng Group and more China technology companies help us build these big projects together? What?”

Meng Qian looked at the kind-eyed Malthus, pretending to think for a few seconds, “As long as everyone really cooperates, as long as there is money to make, of course we will not place orders, but I don’t know what specific projects are there?”

“People’s livelihood, employment, aerospace, medical and health will be involved in many fields. Let’s not hide from President Meng, we have a plan for major technological transformation. If Dafeng Group helps at that time, it will definitely be more efficient.”

Meng Qian noticed that the expressions of some entrepreneurs began to change, and then asked, “The U.S. is a big country in science and technology, and it is a powerful country in science and technology. It is necessary to have another major technological transformation involving the field, but it will cost money.

“10 trillion yuan.” Malthus couldn’t help but become proud, “A preliminary plan, does Mr. Meng think it is enough?”

Meng Qian’s expression became a little gloomier unconsciously. Although Malthus did not say how many years, this number is somewhat exaggerated.

Malthus actively explained, “I just emphasized that technology has entered various fields, and this major transformation is also aimed at various fields. Therefore, such a number is necessary.”

The expressions of more entrepreneurs have become more complicated, and Meng Qian really can’t come up with the data of confrontation for a while. Dafeng Group can’t have such a big hand, and Huaxia probably won’t have such a big hand.

Just when there was some silence at the scene, a voice suddenly appeared, “Mr. Malthus, don’t make a joke about the financial crisis.”

When everyone heard about the reputation, they saw Newberg, the mutual fund, and it was Sun Xiaojing next to Newberg.

Roy Newberg met Meng Qian during the financial crisis and decided to invest in President Meng. Soon after he left the world as before, his son continued his career, perhaps Roy Newberg He is too legendary, and everyone is used to calling him by his surname, directly calling his son Newberg.

Because of Roy Newberg’s recognition of Meng Qian, their family later became Meng Qian’s very important ally on Wall Street.

Malthus was displeased for a moment when he saw Newberg’s Malthus, but quickly adjusted his state, “Mr. Newberg is here, too.”

“Thanks to Mr. Sun, I have the opportunity to come over to the game.” Newberg stepped forward to greet everyone.

Sun Xiaojing originally reserved a place on the table, but he didn’t give it to Newberg, but immediately someone proposed to add a chair, and Newberg took a seat with him.

After a few simple greetings, someone asked, “Mr. Newberg just mentioned the financial crisis. I don’t know what that means?”

“Everyone, our employment rate has risen in recent years, and the stock market has performed well in many other fields except technology stocks. But what is behind this, do you see?” Newberg glanced at everyone and saw no one answered Just ask and answer, “We have increased debt by 8 trillion yuan in three years. Three years ago, our debt was 20 trillion yuan.

And what is certain now is that this debt will continue to rise in the next year, and it is likely to exceed 30 trillion yuan in 2020.

In other words, debts exceeded 10 trillion in just four years. Throughout history, do you remember when this happened?

The economic recovery in exchange for high debt is essentially the same as housing prices driven by high debt. What lies behind it is a financial crisis that may be avalanche at any time. ”

“I saw Soros also talked about this matter in front of the media a few days ago, and I also have great concerns about the surge in financial risks in the past three years.” Someone answered.

“Yes, I also talked to Mr. Soros about this issue. The high debt in a short period of time must take a period of time to rationally digest. At this time, the most feared thing is to continue to maintain such a high debt rate, and then something will happen. .

The world can laugh at us about borrowing money and printing money in the United States, but we have to be clear in our hearts that within a certain range, we do have a little financial privilege, but once this is exceeded, there will be trouble sooner or later. No one can endlessly. Splurge.

In the past three years, global inflation has become an international issue that has received high attention. Now the spearhead is directed at us. The international trust of the meter has dropped a lot. I even heard that…” Ge turned his head to look at Meng Qian, “During the previous online exhibition, some users suggested that they wanted to use digital soft sister coins for settlement. ”

“Someone did mention it, but in the end they didn’t do it.” Meng Qian simply said the fact, but didn’t say why he didn’t do it.

Newberg shifted his gaze from Meng Qian to Malthus, “So I just heard Mr. Malthus mention the 10 trillion yuan thing, and my heart trembled. I think, apart from debt, we can’t get it now. Is it worth ten trillion meters? Even if you extend this cycle to 5 years or even 10 years.

Then, Mr. Malthus, can we afford another global financial crisis? ”

“Will Mr. Newberg be too worried?”

“We are dealing with the market and users every day.” Newberg’s expression is full of I don’t understand whether you can understand, “You don’t even need this 10 trillion, the market is likely to be in trouble soon.”

Facing the real Wall Street boss Malthus can’t argue with him. Meng Qian is inconvenient to speak at this moment. Other entrepreneurs still ask, “In Mr. Newberg’s view, we How to face this crisis?”

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“This is not a simple question, but I have to say when sitting here today. Maybe our technology companies in the United States need to work harder, because of the three years of debt, the growth rate of the debt of technology companies has been invested. It is the highest, and dozens of financial products related to technology companies have appeared on the market.

If our US technology companies can bring outstanding performance to the market in the past two years, it will be a great benefit.

But if you still fail to make a breakthrough and continue to drive debt, it may be these technology financial products that will be the first to thunder. ”

Newberg said these things in front of Meng Qian, even people who didn’t know about Meng Qian’s relationship with him in the past are now clear.

And Meng Qian finally spoke, “In the past few years, the technology industry has dragged down not only U.S. finance, but global finance. Although I don’t understand finance, I believe that as long as we start cooperation, global finance will benefit.”

Bill Gates, who has also never spoken, raised his glass after Meng Qian spoke, “So, cooperation is the most important thing we should promote.”

Malthus looked at Newberg fiercely, but it was not convenient to say anything at this moment, so he could only raise the glass together.

…