Chapter 611: US Cuts Interest Rates to Reduce Debt, Chen Xingrong Becomes Principal

With the end of the secondary meeting, the Davos Forum also officially ended.

The economic status of Longguo, its status as a developed country, and its proposals in the field of artificial intelligence have also been recognized by the world.

The United States, once the world's hegemon, has quietly given up the throne just like the Netherlands and the United Kingdom.

The day after the end of the Davos Forum, European countries led by Britain, France and Germany fully liberalized Longguo visas. In the past, it was necessary to verify capital before going to Europe, but now Longguo people only need to buy a plane ticket to go directly.

Even the "rival" United States has also liberalized visas for Longguo.

They did not liberalize visas in the past, mainly because they were afraid that Longguo tourists would stay.

This is because when the average income gap between the two countries is too large, they generally dare not exempt each other from visas. For example, in poor countries in Southeast Asia, their average income is generally one or two thousand yuan. If Longguo relaxes visas, who can guarantee that they will not tear up their passports and stay in Longguo?

You should know that in Sanyuanli, Guangfu, there are many black people who are "illegal residents". They all came to Longguo in the name of trade, and they refused to leave Longguo after tearing up their passports.

Of course.

Guangfu has tried to drive them away.

But these black people who came here are too good at hiding, and because of the long time, we don't know where they came from.

If they were thrown back to Africa, they would be afraid of causing international public opinion.

It is for various reasons that a large number of black people who came here were not deported, but it is also because of the lessons learned that people from poor countries will be reviewed at all levels when they come to Longguo.

Nowadays, developed countries have collectively opened their doors to the people of Longguo, which means that the average income and social welfare of Longguo have reached the level of developed countries, and they no longer have to worry about Longguo tourists staying.

At the same time, the United States has also abolished the bill prohibiting citizens from traveling to the Eastern power, and Longxing Group's mobile phones, 5G high-speed networks, Longxing Heavy Industry's new energy vehicles, and Jiangyu Technology's drones are all allowed to legally enter the United States for sales layout.

In addition, ByteDance's TikTok was also unblocked and officially established an independent data center in the United States.

The full opening of the United States has also gained corresponding benefits.

Then the Eastern giant stopped selling US Treasury bonds and repurchased the reduced US Treasury bonds within half a year.

The exchange of interests between the two sides also made Japan, South Korea, and European countries stop reducing their holdings of US Treasury bonds, allowing the United States to breathe.

However, even if the national debt problem is solved, the United States is still facing serious economic deflation and capital outflow problems.

Why do you say that?

The very intuitive reason is the US dollar interest rate hike.

Several rounds of US dollar interest rate hikes have made the United States reaping the fruits of its own labor, and a large amount of funds have been locked in banks and cannot circulate on the market.

Assuming that the United States announces a rate cut and allows funds in banks to flow into the market, the consequence is that deflation will turn into inflation.

It is precisely because of the complexity of domestic economic problems that the United States has no time to continue competing.

As time went by, Renato Marotta, Davic, and several top executives in the United States also thought of a way, which was to dissolve the money in the bank.

How to dissolve it?

There are two ways.

The first is to kill the truth.

If you die, will your property belong to the US bank?

Assuming that you still have direct relatives who want to inherit the inheritance, you have to pay a high inheritance tax. Moreover, the scale of this "debt dissolution" is too large, and Davic and others did not want to leave anyone alive.

Accidents such as plane crashes, car accidents, shipwrecks, and high-altitude falls began to occur frequently in the United States.

At first, the rich people in the United States did not care, but as time went on, more and more rich people died, including the top rich people from both the Jewish and Anglo-Saxon sides, such as the CEO of an insurance company and a giant in the energy field.

The concentrated death of these people made many rich people panic, and they had to leave the United States even if they had to pay a high departure tax.

At the end of the "Debt Repayment Mission", a raging fire broke out in Los Angeles, USA, turning some houses worth tens of millions of yuan in the rich area into ashes.

After the operation of Davich, Renato Marotta and others, the domestic debt pressure of the United States was instantly reduced by more than half, and the Federal Reserve of the United States also released the news of interest rate cuts.

On Christmas Day.

The Federal Reserve of the United States held an interest rate meeting.

After the congressmen unanimously passed the interest rate cut proposal, Powell walked onto the podium and said to the global camera: "Good afternoon, my colleagues and I have made a decision on the interest rate."

"Ka Ka Ka-"

In an instant.

Flashes continued.

On the other side, the US stock market began to fall across the board the moment Powell said "Good afternoon".

Those who are familiar with Powell know that the narration starting with "Good afternoon" is bad news. The capital market is very sensitive and they will try to avoid declines as much as possible.

However, to everyone's surprise, Powell did not say any nonsense and directly announced the extent of the interest rate cut.

"From now on, the Federal Reserve has decided to reduce the deposit interest rate to 10%. We hope that this decision can inject new vitality into the US economy. Thank you."

Such a concise statement left many reporters at the scene still unresponsive.

"What the hell?"

"Rate cut?"

"The Federal Reserve cut rates?"

When the reporters reacted, the global market had reacted. The stock markets of major countries such as China, Japan, South Korea, Germany, France, and the United Kingdom had all moved, and a new round of surges had begun.

Although the trade settlement attribute of the US dollar has been replaced by the Dragon Country Currency, it will take a long time to completely replace it.

It's like throwing a stone into the middle of a lake. It takes a while for the ripples to reach the lake where you are standing.

In an instant.

American stock investors went crazy.

Buy!

Buy!

Buy!

A rate cut means releasing a large amount of US dollars.

Such a large amount of US dollars coming out of the bank will not be left to depreciate. There is a high probability that they will enter the stock market.

No one expected that the United States would either not cut interest rates or cut them by 3%, which is the highest in history.

On the Internet in Dragon Country, a large number of stock investors also opened champagne.

[The Demon Cult Leader]: "It's been three years, and it will be three years soon. The United States finally can't bear it and has to cut interest rates to save the economy!"

[Aiya Aiya]: "This time the United States really shot itself in the foot. The US dollar tide has not harvested any major country."

[I am Xiao Daidai]: "It's not that it didn't harvest. Look at Japan, South Korea, and Egypt. They were all cut to death by the United States, but their size can't satisfy the appetite of the United States."

[The stock god Yizhutian]: "That's right. Japan, South Korea, and Egypt can't feed the United States. It's like a person who has been hungry for seven days. If you only give him a small piece of bread, he will still starve to death."

The United States's substantial interest rate cut also announced the end of the US dollar tide.

The whole world knows that the former world hegemon has built a high platform of debt, but what no one expected is that with the announcement of the US Federal Reserve's interest rate cut, the United States did not experience serious inflation, and the CPI index only rose slightly.

Some economists were confused, while others felt that the interest rate cut was still small.

However, in the next two interest rate meetings, the United States reduced the interest rate by 5%, and there was still no serious inflation.

Some long-term funds seemed to be stuck in US banks and did not want to come out at all.

However, only Davich, Renato Marotta, and a few US senior officials knew that the owners of these funds had been closed.

Not bank account closure, but physical account closure!

With fewer large customers withdrawing money, there will naturally be no serious bank runs in the United States, let alone economic inflation.

…

The sun and the moon alternate, and time passes.

Two years later, in 2019, through Davich, Chen Xing has completely controlled the Belle Group and the Leading Group.

These two groups also control a large number of Silicon Valley companies such as Apple, Google, and Microsoft, which is equivalent to Chen Xing indirectly controlling them.

After two years of reshuffle, the US economy has gradually stabilized.

US stocks, which had originally fallen by 70%, also began to rise, and the daily line has formed a particularly beautiful V-shaped rise.

Although the US economy has improved, its military strength is not as strong as before. There are only more than 50 overseas military bases left out of more than 300. Its influence has long been less than before, and it is no longer possible to compete for hegemony.

It is worth mentioning here that even if the US military strength is restored, the whole world will no longer listen to its call. The reason is very simple, that is, Longguo has bound the whole world with electricity.

At the Davos Forum in 2017, Longguo proposed the idea of ​​providing electricity.

Since then, Longguo's State Grid Group has begun its "Western Expedition", from the Ancient Elephant Country all the way to Europe.

As for the relatively chaotic Middle East, under the military peacekeeping of Longguo, the forces of all parties have reached a delicate balance.

If peace means food, who is willing to bet on tomorrow?

It is precisely because of Longguo's fate that the Middle East and Africa have seen a peaceful and prosperous era, and even Mexico, which was plundering flour, has changed its mind and removed a large number of poisonous trees.

No mistakes in one song, one post, one content, one book, one bar, one 6, one 9!

It is no exaggeration to say that after Longguo became the world hegemon, the whole world had only one goal, that is, to develop the economy with all its strength.

As for energy?

Longguo has its own cheap electricity!

Don't underestimate this cheap electricity. The reason why world disputes arise is because of the uneven distribution of energy.

Just like the United States in the past, the reason why it provoked everywhere was nothing more than oil.

When the whole world was thriving, Longguo once again took the lead in the world and completed the exploration of the moon for the first time.

After a lot of analysis in the laboratory, Academician Lin Hui looked at everyone behind him and gave an exciting answer.

"Lunar soil can be used to grow vegetables!"

The sentence that it can grow vegetables made other scientific researchers in the laboratory cheer.

"Haha, it can grow vegetables!"

"Lunar soil can grow vegetables, plus the internal water source we found, the moon can completely build a human base!"

"We have to report it, maybe we can eat lunar vegetables in the future!"

"That's right!"

The laboratory laughed constantly.

Don't underestimate the information that lunar soil can be used to grow vegetables. If humans want to build an independent exploration base on the moon, they must thoroughly study the ecological cycle, otherwise it can only be a terminal.

In addition to exploring the moon, the space joint exploration force composed of Longguo, the United States, Germany, Japan and South Korea has been exploring Mars, striving to enter the interstellar era as soon as possible.

...

When the whole world was developing rapidly, Chen Xing came to Panlongdi, Shenzhen, to participate in the first enrollment of Longxing University of Science and Technology.

Only Longguo can build a university in one and a half years.

In order to speed up the construction, the leadership team of Shenzhen City transferred thousands of excavators, and other engineering equipment were even more numerous.

A nine-story teaching building was built at a speed of almost one floor a day, which can be called an industrial miracle.

The reason for the rush is that the Shenzhen leadership team is afraid that other city leaders will try to attract Chen Xing to invest, just like the neighboring Guangfu.

Although Shenzhen and Guangfu belong to the eastern part of Guangdong, they are also in a competitive relationship. As the saying goes, there is progress only when there is competition.

In the huge playground, the first batch of 3,000 freshmen sat on plastic chairs and listened to the speeches of the leaders on the stage.

"Dear students, I am the president of Longxing University of Science and Technology. My name is Zhang Biao. Here, I sincerely congratulate you on crossing the middle school and entering the university campus."

Zhang Biao is a Mediterranean man with sparse hair. He wears a pair of slightly dull black glasses and looks full of knowledge.

However, the president of Longxing University of Science and Technology is definitely not an ordinary person.

As an academician in the field of physics, Zhang Biao still has a high voice.

"Pa pa pa——"

Three thousand students gave applause.

Two seconds later, Zhang Biao continued, "As a typical science man, I am not very good at speaking, so let our honorary president of Longxing University of Science and Technology, Mr. Chen Xing, come on my behalf and send you blessings."

"Pa Pa Pa——"

The applause rang out again. Compared with the last time, the volume was obviously higher this time. All the students cheered up and looked at the man in the front row with eyes full of admiration and respect.

As a non-double first-class university, Longxing University of Science and Technology has a college entrance examination admission score of 600 points, which is comparable to the top double first-class universities.

Why is it so high?

The reason is very simple.

That is, there is news that Chen Xing, chairman of Longxing Group, will be the honorary president of Longxing University of Science and Technology.

And 50 meters inside the main gate of the school, there is a statue of Chen Xing, and below it is the school motto of Longxing University of Science and Technology, which is called "Learn from history and revive the Dragon Country".

In Chen Xing's view, history is the best teacher for everyone. There is really nothing new under the sun. The final revival of Longguo is also what Chen Xing wants his students to serve the motherland after they graduate.

Amid applause and cheers, Chen Xing stood up from his chair, turned around and waved, and then walked onto the podium in the playground.

"Mr. Chen."

Zhang Biao handed over the microphone.

Chen Xing nodded slightly, took the microphone, and walked to the center of the podium.

"Dear new students, I am Chen Xing, chairman of Longxing Group, and honorary principal of our school."

After a brief self-introduction, he continued: "Like Principal Zhang, I am not very good at speaking, so I will try to keep my speech brief so that you have more time to adapt to campus life."

The students' applause rang out again, and everyone was looking forward to it.

Applying for non-key colleges with a threshold of 600 points is a gamble in itself.

Although academic qualifications are not the most important, they are a stepping stone.

For some large-scale job fairs, the entry threshold is a bachelor's degree. For high-quality job fairs, the starting point is 211 and 985, and non-double first-class colleges and universities are not qualified at all.

Chen Xing did not beat around the bush and said bluntly: "As far as I know, this year our Longxing University of Science and Technology's admission line is 630 points for liberal arts and 600 points for science, which is already the level of top double first-class colleges and universities."

"Give up double first-class colleges and apply for our non-double first-class colleges and universities. I believe everyone is here for the same thing, that is, to contribute their own strength to the motherland."

"So!"

Chen Xing emphasized his tone and announced: "In order to give everyone a better learning environment, Longxing Group will invest 100 billion yuan every year to invest in the education of Longxing University of Science and Technology, and will invest another 2 0 billion, to cover all your expenses during your stay at school, including meals. "

"In addition, the school will add 100+ awards, including innovation awards, progress awards, outstanding student awards, etc.!"

"We will also actively match with top universities, hold various top events, enrich your resumes, and provide corresponding jobs in the last year of university!"

The various measures proposed by Chen Xing made the three thousand students flattered. They really did not make the wrong choice. Although Longxing University of Science and Technology is not a 211 or 985 university, it has Chen Xing's connections, and its social recognition will never be low.

Just like Shenzhen University, it is also a non-211 university, but its recognition in Shenzhen is even more popular than some inferior 211 universities! (End of this chapter)