In 1922, the construction speed of the Republic of China was obviously faster than any other year. In this year, all industries in the Republic of China were prosperous. A large amount of construction, as well as an insane amount of automobile consumption, as well as the increasing consumption of electrical appliances, made the entire country's economy Entered into unprecedented rapid growth. The private sector bosses are crazy. In today¡¯s society, it¡¯s so easy to make money. Countless private bosses have expanded production and hired more employees. The employment situation across the country is good. At this time, in addition to consortiums, private capital also accounts for a large part of the main force in construction. The consortium is only responsible for building those heavy industries. Those roads and other facilities are basically private investment. Although investment in roads and railways has a long return period, the stock market is very hot! A large amount of private capital continues to pour into the stock market, pushing the stock market continuously higher. Although there will be some slight fluctuations during this process, it is generally rising. If stocks keep rising, they will rise too fast. And the consortium is unprofitable. The consortium can naturally make money in the financial market by letting the stock price fall from time to time while maintaining the overall upward trend of the stock. As for whether it will cause a stock market crash, there is no need to worry at all. Because the consortium has money to support it, even if investors' confidence is frightened, they will quickly regain their confidence as the stock continues to rise, and regret why they sold the stock before. The financial market is an important means for consortiums to make money. The stock market is controlled by consortia. The market is determined by the consortium. The increase in the high-income class and the middle class has also driven people¡¯s need to invest money in the stock market. Others just see other people making money by buying stocks. They also ran to buy stocks. After the Great Railway Stock Crash of the Republic of China in 1914, many people have realized that stocks are just spreading the news, and the last people to die are the ones who died. But people don¡¯t know when the stock market will fall, because all the initiative lies in the hands of the consortium. And they all luckily believed that they could not be the last ones to be trapped. There is also a group of people. I have no choice but to invest money in the stock market. That group of people were the private bosses who were initially cheated by the consortium. When they bought up the companies and factories that the consortium had sold off, they discovered that Japan, North Korea, Vietnam, Siam and other dependent countries were also developing those industries. So much so that they bought the factories. The efficiency is not too high. It¡¯s not that there is no profit at all. Some private investors have achieved success by improving production technology, although the labor cost is high. But the ex-factory price itself is higher than that of goods from dependent countries. You must know that the goods of those dependent countries are imported into the Republic of China. When it is finally sold in stores, the price will be raised several times, but for locally produced products, the price difference will not be that much. But not every private equity boss will actively improve productivity, so they just rush into the market and invest money in the stock market to make profits in order to repay their loans. Many listed companies in the stock market are formed by consortiums. The shares of a consortium of monopoly companies. Definitely the strongest in the stock market. Those monopoly areas, although it seems that there are several companies competing with each other. But behind the scenes it is all controlled by consortiums, which is actually a monopoly. It's just that because of healthy competition, we will try our best to improve our service attitude and service quality when it comes to treating consumers, and stage a drama of bloody competition from time to time. It seems that the competition is fierce, but in fact both parties are adhering to the bottom line. compete. Monopoly means high profits, so the financial reports of listed companies in monopoly fields are definitely getting better year by year. For example, a stock that could only generate a return of 100 yuan within five years sells for as high as 200 yuan, or even 500 yuan, but investors don¡¯t think so. They believe that since the current economic situation is so good, this return should be lifelong. The media is also hyping up the propaganda that the economy of the Republic of China will never collapse. Slogans such as "Forever Prosperity" and "The Happiest Era" for mankind are constantly emerging. During this period, the people indeed felt very happy. Jobs are easy to find and money is easy to make. The material supply is sufficient and abundant, and one month's salary can buy a lot of food and drink. Coupled with the media's propaganda, the entire society is filled with blind confidence in economic growth. This kind of blind confidence has also led to some mistakes in investors¡¯ investment concepts. If the performance of these listed companies can really maintain the current level, then if they can recover their returns in 10 years, then it will be their time to make money. The consortium also temporarily sells the stocks, and then sells them after five years of economic prosperity.??(For example) to obtain higher benefits than the profit of the business, so why not sell? Originally, one hand of shares could only earn 100 yuan in five years, but once sold, you got 200 yuan. Then when the economy goes into recession, those stocks may not even be worth 100 yuan. That is to say, for example, if the economy is depressed five years later, the consortium can use 10 yuan to sell back the stocks originally sold for 200 yuan during the economic depression. Then wait until the economy is booming to sell the money. This model of buying low and selling high is also an important means for consortiums to make money. In this way, the consortium can recover a large amount of backlog of capital. Finally, if too many shares of a company are bought by investors, they cannot be bought back. That's very simple, just let this listed company make some failed investments, for example, let this company buy the non-performing assets of another company in the consortium, and the non-performing assets are sold very expensively. It only takes a few more of these bad investments, and the company will go bankrupt. After bankruptcy, the bank liquidates again, which is equivalent to those shareholders. As the company goes bankrupt, the value of those stocks will shrink and depreciate significantly. As for the consortium, after the company goes bankrupt, it can start a new company and start a new company with 100% control, and then go public. Sell ??the stock again. Such a continuous cycle keeps making money. Those who know how to invest in stocks are mostly those who have too much money to spend. If the money is accumulated. It will become ineffective capital. In this way, the consortium can no longer even continue to issue more banknotes, which means that funds cannot circulate. If funds do not circulate, development will slow down. It is equivalent to the financial market providing a platform for those high-income and middle class people with excess funds to vent. If you are lucky or have good judgment, you can fish in troubled waters in this kind of money-making game. It is very normal to get rich overnight, but some people have to lose money. After the consortium recovered the banknotes, there were not too many projects that were directly spent on projects. That is, those areas that need to be monopolized can be supported by the profits of those companies. ?Then the recovered banknotes can be loaned to the public. Private investors mortgage their assets to banks and then get the money. Then invest in the stock market. The consortium continues to draw money from the financial market. Then the money is given to those investors in the form of loans, allowing them to continue investing their money in the stock market. As a result, the stock price rose steadily. When the price reaches a certain level, the consortium will issue additional banknotes to maintain the continued rise in prices. As a result, investors are addicted to this game. Once the capital chain is broken, the mortgages for investor loans will become the property of the bank overnight. Thereby harvesting those invested assets. And asset mortgage. It also made those investors crazy about profits, making them invest their money in the stock market without hesitation. Because once you make money you won¡¯t be able to make money. Then they will have nothing. ¡°Public capital was very weak before, they didn¡¯t have much funds. But behind the current crazy expansion, most of its funds are released by consortiums. This means that as long as the consortium cuts off the capital chain, a large area will go bankrupt. Not only are the assets they built gone, but even the original mortgage assets will become the bank's. As the governor of the Central Bank of China, Chen Guangfu controls the lending rhythm of the Republic of China. Regarding the harvest time of the consortium, Chen Guangfu proposed a method of focusing on short-term loans at the consortium meeting this year. "Today's loans are generally four years, which means that once we cut off the capital chain, it will take us four years to complete all harvests. But four years, if it is placed during construction or war, it has already It allows us to do a lot of things," Chen Guangfu recounted. "If we give up the four-year loan and turn it into a two-year loan, which is equivalent to two years after the economic depression, we can liquidate those companies and take away their money. "But if the loan is only for two years, will it discourage those investors from lending?" Zhou Ziyue asked the question, which is also the most important question. "This is not a problem. We can adopt a loose approval policy for re-loans during the economic boom. Even if there are some problems with the assets, it doesn't matter. As long as we are strict about the purpose of the loan and the transfer of assets, then it will not matter. There will be problems." Chen Guangfu said: "If we start to implement the short-term loan policy now, investors will develop a habit. If we continue to engage in such two-year short-term loans in the early stages of the economic depression, then investors may be "See the problem." "It's equivalent to when we finally cut off the capital chain. Two years after the last loan is released, it can be liquidated, thus shortening the collection period.??? time, we will have two more years to carry out crazy construction of war facilities. "Chen Guangfu said. "Originally, according to normal development, even after crazy construction, the market has been saturated and the houses, cars, and electrical appliances that the people need have been met, so there will be nothing to build for people's livelihood. "At this time, As long as the construction target is focused on the military, the economy can be restored. But the problem is that if the transformation is direct and the civilian capital is not eliminated, a large number of high-income people will emerge, and the country will lose the power of the conglomerates. Therefore, a necessary harvest period is needed for the consortium to complete the liquidation of its debts and then invest its labor in military construction. The reason why this crazy construction is so fast. The first is that the consortium has higher productivity technology, and the second is that under the prosperous economy, various construction projects continue to emerge, and then people's livelihood is built at the fastest and craziest speed, and there is no livelihood left to build. , it is necessary to enter the consumption stage. At this time, the previous reserves will be consumed through a war. This mode is also the most lethal and can form an absolute crushing advantage over the enemy in two years. It¡¯s definitely not a short time. Think about it, two years! What can a country with a population of 500 million build in two years? If it was like the United States, it had been in recession for four years before starting to rebuild, and the unemployment rate was as high as more than half. . How many Americans are left idle? How many Americans are starved to death? However, it is naturally impossible for the Chinese oligarchs established by Jiang Yu to starve the people. As a time traveler, the Republic of China has rich experience. Unemployment insurance is equivalent to the basic guarantee of food and clothing for the people during the economic depression, which also prevents people from starving to death. It is equivalent to preventing people from starving to death in the process of wealth redistribution. Half of the Americans had no income and nothing to do for four years. Not only were they struggling to survive, but their labor force that could create wealth or arms was idle. Jiang Yu couldn't help but be overjoyed after hearing Chen Guangfu's short-term loan model. He is troubled by the problem of how to harvest. Although the Republic of China has unemployment insurance as a guarantee, it is impossible for people to starve to death, but if nearly half of China¡¯s labor force is idle for four years, how much wealth will be wasted? Okay, just follow this route. "Jiang Yu said that this model is equivalent to saving two years of time. "If half of the labor force of the Republic of China produces arms for two years, how much arms can be produced? You must know that the Republic of China has 500 million people. And those satellite countries , also has a large population. Once the Republic of China falls into an economic depression, it will inevitably affect those dependent countries. The consortium will not let go of the wealth harvest of those dependent countries during the economic depression, and it will even be harvested more severely, within four years. It¡¯s just too long. Historically, the United States before World War II did not have a large number of dependent countries like the Republic of China, so there was no problem. If the Republic of China fell into a four-year depression, what trouble would happen to those dependent countries? At that time, we may have to suppress riots, revolutions, etc. In short, many unstable factors will emerge. ¡°This model is indeed good and very valuable to us. If we can complete asset harvesting two years earlier and invest labor in military construction two years earlier, it will be very beneficial to the war between the Republic of China and Europe and the United States. Zhou Ziyue also nodded in agreement. The senior management of the consortium realized that if the China National Capital Group does not want to be eliminated, it must continue to annex other capitals in the world. Capital is a game where big fish eat small fish. If you want to eat those small fish , we must first defeat them militarily before we can successfully eat them up. If the Republic of China does not eat up other capital, it will inevitably be eaten up by other capital in the future. Once China¡¯s national capital is eaten up by European and American capital, it will also mean that. The nation will fall into darkness again (To be continued, please search Piaotian Literature for better and faster novels!