novelODS Chapter 1209 - 392: Crossing the River by Feeling for Eagle Sauce’s Stones—You Have to Step in Every Pit to Know Its Depth
Chapter 1209 - 392: Crossing the River by Feeling for Eagle Sauce’s Stones—You Have to Step in Every Pit to Know Its Depth
The modern history of industrial development has a distinctive phase, which is industrial globalization, where countries take on different roles and achieve mutual benefits, leading to a beautiful future where the world grows hand in hand.Of course, this is just the ideal version of globalization. In reality, it’s merely high-tech industrial countries exploiting the cheap labor of low-tech industrial countries.
However, it’s undeniable that the initially flourishing industrial globalization truly advanced the industrial levels of many backward countries and laid the groundwork for the rise of certain nations, tying the economies of different regions together.
After all, the premise of exploitation and oppression is that the other party has the industrial level for you to exploit, which requires initial investment.
Alongside the globalization of industry came the globalization of finance, with the money of various countries becoming globalized as well.
In fact, finance is a very good thing; it can mobilize idle funds in the market as much as possible, investing them in production to expand reproduction, and after profit, everyone shares dividends, thereby creating a virtuous cycle.
Bank loans can also help many companies get through the difficult early stages and quickly get on the track of profitability.
Moreover, the financial industry’s sense of smell is extremely keen; it can quickly withdraw funds at the slightest sign of trouble, as after all, everyone is here for profit.
The advantage of market economy over planned economy is right here: the market economy changes every month at the end, eliminating inefficiencies extremely fast.
While planned economy is constrained by management, changing every five years, its reaction speed is much slower than the market economy’s, with its elimination efficiency surprisingly low, being outcompeted by the product variety and iteration speed of the fiercely competitive market economy.
Is there anything in history capable of interrupting industrial and financial globalization?
Yes, friends.
Yes, there is.
It’s war, and it’s big war, continuous wars that shatter the world into pieces.
Apart from the four successive corporate wars
The Iran-Iraq war
The Soviet Union initiating nuclear war against the Middle East
The United States launching two anti-narcotics invasion wars against Latin America
The Tokyo University civil war
The hunger plague outbreak in Europe
Terrorists nuking Manhattan
Huang Ban toxic explosion in Chicago
The American Civil War
The Central African war
The seven-hour war in space
The European civil war
Then the most explosive internet breakdown, completely cutting off the path of industrial and financial globalization, plunging the world economy into decline.
And then the continuous murders and terrorist attacks targeting middle and upper management of various companies.
In this colorful era, different parts of the world are carefully designing their own big shows, striving to show their face to the people of the world.
These are the wars that count globally, while the massacres and invasions among small countries don’t even qualify to enter the public eye, dying silently like the obliterated small nation of Haiti.
In such circumstances, the capital of different countries and companies cannot mutually trust each other, nor do they have the confidence to make large-scale cross-border investments.
Thus, after globalization was interrupted, various countries and multinational enterprises are figuring out ways to develop independently, and in this situation, you’ll find a lot of business overlap among multinational giants, along with obvious regional monopolies.
The typical examples being Military Science, Huang Ban, and Kangtao, Peizhuo Petrochemical and Soviet Petrochemical, Trauma Team monopolizing high-end medical care in the North American free states...
And for the financial industry that didn’t follow globalization, during the long economic crisis, investments were very cautious, not forming large-scale international capital.
So naturally, some holes they should’ve fallen into were avoided in time, keeping bank interest rates stable.
After all, as the saying goes, one learns from adversity; some losses are inevitable, but without experiencing them, how can one grow?
Even if Europeans don’t want to endure, someone will pry open their mouths, feeding them, forcing them to open wide and swallow.
If they can’t enter the game and can’t reach Europe, it doesn’t mean they can’t influence Europe in the game; as long as the method is right, they can fish across a layer of world barrier.
If everyone is in public view, then my actions will likely cause your precaution, but if I’m in the dark and you’re in the open, then it’s way too easy to target you when you’re completely unprepared.
Someone even established a financial team for this, preparing to let the game’s world’s daddy taste the real-world almost-son-bombing Da Lei.
If there’s Da Lei to eat, that’s great, what more could you want?
Sure enough, McCarthy’s backside, responsible for the security department minister, Ricardo Leonardo, took the bait.
However, he did not find West Fire Grass, instead he contacted his financial advisor in Europe.
"Mr. Ricardo, the loan bonds transaction you mentioned indeed exists, but the total returns aren’t higher than European bonds..."
The loan bonds transaction originated from Lewis Ranieri of Soloman Company in 1977. Although the United States collapsed, the European Community, which white-haired ones sent golden-haired ones, inherited most of the son’s mantle, with various bonds naturally mimicked.
After explaining the operation of loan bonds to his employer, the advisor cautiously asked
"Sir, are you looking to invest in the bonds industry? If needed, I can help you contact Soloman Investment Bank..."
"No... I was just asking."
Ricardo, looking at the report sent by the advisor, felt suspicion in his heart
Because although loan bonds indeed exist, their returns aren’t considered high, and all AAA-rated bonds on the market have owners; it’s nearly impossible for foreign funds to even acquire many bonds, making it hard to earn ten times the profit of drugs.
Could that guy be bragging?