Agriculture Maniac

Chapter 577 Q&A

This was a very formal meeting.

The meeting took place against the backdrop of the North American subprime mortgage crisis, which triggered a global financial storm and led to a global economic depression.

The topic of the meeting was how the three-system and emerging markets represented by the East can join hands to overcome difficulties.

The talks will directly and indirectly affect parts of the East, Southeast Asia, Central Asia, West Africa, and West Asia, totaling 37 countries.

It can be said that the level of this meeting is no less than that of the WTO, SCO, and BRICS.

According to the briefing before the talks began, the two sides discussed topics including food, currency, prices, economy, employment, and healthcare.

Therefore, internal reports and special commissioners mainly come from these fields.

Unexpectedly, after the talks officially began, Yu Sanyuan first displayed military equipment, then confiscated dormant patents worldwide, and now he has blatantly shouted, "Go ahead and hit me!"

In terms of arrogance, they are no less than the United States.

In terms of domineering power, it is no less than the United States.

In terms of eating manners, they are no less than the United States!
Not only were the Western journalists at the scene exchanging bewildered glances, but even Lao Yuan was somewhat at a loss for words.

However, this meeting allowed broadcasts from television stations such as Oriental International, Sanxi, BBC, and CNN, as well as numerous forums, live streaming rooms, and well-known bloggers to record the proceedings. It was clearly too late to salvage the situation.

Almost simultaneously, some Western journalists who had anticipated this, seeing the breaking news, rushed forward with their backup recording equipment, bypassing the questioning process and chattering away:
"Mr. Yu, do you mean that the Third Series is about to seize the dormant patent?"

"Mr. Yu, do you think this approach is fair?"

"The dragon slayer has become the dragon himself, and the three-system hegemony is beginning to show its ferocity! I oppose the forced revocation of dormant patents!"

North American journalists were the most proactive in asking questions and the most scathing in their remarks.

After all, the three-line system and North America have been exchanging insults for five or six years.

North America has been lagging behind year after year in terms of lack of democracy, freedom, human rights, and its own language.

Now that we've finally caught the three systems red-handed, we're going to attack them relentlessly.

Never thought.

The CNN reporters, who were rushing forward, hurriedly took out their emergency communication devices. After reading the message sent by Bush, their expressions changed drastically, and their attitudes did a complete 180-degree turn on the spot.

Then he opened his mouth wide and shouted in a hoarse voice, "Mr. Yu is right!"

A roar suddenly erupted from the ground, silencing the entire scene.

Seeing that the idea was working, the CNN reporter paused for a second to think, then, with the speed of someone who doesn't spit out grapes, quickly said: "The financial crisis triggered a global economic depression. If we want to improve it, we must discard the old and embrace the new. Most of the dormant patents have advanced concepts and technologies that lead market demand. If we activate them and transform them into real productivity, we will usher in a large number of emerging industries, thereby promoting employment, stimulating consumption, restoring the economy, restarting financial investment, and revitalizing everything."

"So I think Mr. Yu is absolutely right. We really must eliminate those evil sources that hinder human progress!"

Most of the Western journalists knew the CNN reporter, and after hearing the speech, some were completely dumbfounded, while others suspected that CNN was involved in collusion with the CNN reporter.

Just as many Western journalists were preparing to squeeze out the CNN reporter.

More journalists in North America received the urgent notification.

These messages may have come from Bush, the White House, the Pentagon, the CIA, or from the Führer Institute, or from the major financial backers behind them…

In short: Be friendly to all three countries, and speak cautiously.

As a result, more North American journalists changed their attitude and actively supported Yu Sanyuan.

Although North American journalists like to criticize Bush or Wall Street, it's democracy criticizing republic, and republic criticizing democracy.

Now that democracy and republicanism are jointly authorizing action, journalists, considering their own lives, jobs, and families, would never dare to cause trouble.

So, to the astonishment of European journalists, as well as Lao Yuan, the internal report, and the special commissioner, North American journalists hailed Yu Sanyuan's decision as the ultimate triumph.

"This is beneficial for dealing with the global financial crisis!"

"This will help promote scientific and technological progress for all mankind!"

"Anyone who opposes this is a criminal!"

European journalists were stunned, unsure how to react.

Of course, some politically astute veteran European journalists also sensed something unusual.

Behind North American journalists are various types of North American capital.

The fact that North American journalists collectively support Yu Sanyuan indicates that a consensus has been reached within North America to unite the three factions.

This means that Europe will be harvested immediately.

Previously, when North America was conquering Europe, it was affected by interference from the three systems and required the deployment of three carrier strike groups.

Previously, the Three Systems had been exploiting Europe, but due to interference from North America, they needed to find a roundabout way to extract wealth from Europe by utilizing the Eurasian High-Speed ​​Railway, the Eurasian Heavy-Haul Railway, and the Three Systems' aid projects to Europe.

Now that the two sides have joined forces, it's likely that with a few words from each other, they could bring Europe to the table, eat and drink, and then divide Europe up.

The veteran European journalists looked extremely grim. They wanted to question Yu Sanyuan, but were pushed out of the front row by the North American journalists.

At this time.

The North American journalists who had spoken in support of Yu Sanyuan quickly put away their question cards and, according to the urgent notice, spoke impromptu:

"Mr. Yu, I am very interested in your previous proposal to convert military equipment to civilian use. I wonder what impact this would have on North America?"

Yu Yang already knows that Air Force One will arrive at Shili Camp tomorrow afternoon. Although his family will not go all out to rescue North America from its plea for help, at most leaving them half-dead, they will definitely make sure to put on a good show.

Therefore, he smiled slightly and said, "The three systems have mature, complete and advanced military peripheral equipment technology. If they were to convert military equipment to civilian use, normally they would only sell the products to North America to make a profit."

"But after the military is converted to civilian use, the military market will be transformed into the civilian market, and the demand will increase by hundreds of times, or even thousands or tens of thousands of times. The strong military production capacity of the three systems in the past does not mean that the production capacity converted to civilian use can meet the market demand."

"Therefore, I decided to open a civilian military branch factory in North America and recruit local North Americans as employees. Initially, it is expected to provide 10 jobs. Based on an 8-hour workday, it can solve the employment problem for 30 people."

"Furthermore, the more military industries the three systems open up in the future, the more civilian military industry jobs will be created."

Upon hearing this, the North American journalists burst into enthusiastic applause.

With an initial employment of 30 people, its scale is already approaching that of General Motors.

If indirect workers are included, feeding a million people is not a problem.

Moreover, this is a three-tiered enterprise.

With high welfare and high benefits, not only the unemployed, but even journalists want to squeeze in.

After the applause ended, another North American reporter asked a question:

"Mr. Yu, the most pressing problems in North America right now are finance and real estate. Would you be willing to lend a helping hand?"

"If your government allows, the three systems will certainly provide some assistance, as this involves the global economy and is related to world stability."

"Could you elaborate?" Yu Yang pondered for a moment. "If your government were to lower the financial access restrictions for the Three Systems, they could provide low-interest loans to some reputable banks in North America. For example, the Bank of Chicago could obtain $500 billion in loans from the Chicago Rural Credit Union..."

"Of course, the premise is that North America must approve the three North American rural credit unions to be connected in North America and form a UnionPay network, instead of the current situation where the Chicago Rural Credit Union can only function as a city bank in Chicago, and depositors cannot withdraw cash from the Los Angeles Rural Credit Union when they go to Los Angeles."

"Therefore, this matter requires detailed consultation between both parties in person."

"If North America grants the Three-System Rural Credit Unions the status of Citibank or the Federal Reserve, the Three-System Rural Credit Unions can open 'pawn' services."

"What does that mean?"

"For example, Ms. Lilith, you bought a townhouse in Chicago for a total of $200 million. You made a 25% down payment, about $50, and took out a 75% loan, about $150 million, to be paid off over 20 years."

House prices have now plummeted by 45%, and small villas have depreciated to 110 million yuan.

At this point, the Bank of Chicago sent a notification stating that, according to the agreement, your loan-to-value ratio is 75% of the total house price. Now, the villa is worth $110 million, and you can get a loan of $82.5, but you previously took out a loan of $150 million.

Therefore, you need to return 67.5 to the bank.

However, after you've made the down payment and drained your savings, where will you come from to come up with 67.5?
Therefore, the rural credit cooperative offers you a 'pawning' solution.

This plan will help you pay off your $150 million loan from the Bank of Chicago ahead of schedule and transfer the title of your mortgaged villa to the rural credit union.

At the same time, your loan relationship with the rural credit cooperative is established, extending the 20-year loan contract of 150 million yuan, and allowing you to change it to 30 years, thereby reducing the repayment pressure.

At the same time, the rural credit cooperative will not ask you to put up 67.5 yuan, nor will it increase any interest or handling fees.

In short, continue at your original pace and repay the loan gradually.

Most importantly, if you lose your job or are unable to repay your loan during the repayment process, the rural credit cooperative can help you find employment, such as the military-to-civilian conversion factory invested in North America, which we mentioned earlier.

If you don't want this villa and plan to exchange it for a mid-rise apartment, the rural credit cooperative can also help you sort out a loan, so that you can realize your wish while minimizing your debt burden.

If you feel that housing prices have fallen too much and that selling your villa is not a good idea, but you still want to live in a mid-rise building, no problem, the rural credit cooperative can also help you.

For example, you entrust your villa to a credit union for disposal, and the credit union provides you with a mid-rise apartment. Both parties agree on a 30-year mortgage period, during which they will not interfere with each other. After you repay the villa loan, the credit union still holds the villa's property rights, but will give you a cash equivalent based on the then-current property value, minus the price of the mid-rise apartment. Ultimately, you will receive the property rights to the mid-rise apartment plus some cash.

"In short, you don't need to bear any pressure from the plummeting housing prices; the rural credit cooperative will back you up!"

The North American journalists couldn't understand the language or the underlying meaning, but they could grasp the last sentence, so they applauded again.

Old Yuan understood. The so-called 'pawning' was actually a scheme where they would eat your loan interest while using your villa to make money in other businesses, and then force you to buy another worthless high-rise apartment 30 years later.

You live in a mid-rise building, paying off your small villa loan while working for the Third Series.

If, during this period, the inflation rate in North America exceeds 3% and the US dollar continues to depreciate, the price of a small high-rise apartment will rise to $150 million in 30 years.

The villa is now worth 110 million yuan. Subtracting the 150 million yuan value of the high-rise building 30 years from now, you inexplicably have an extra 40 yuan in loan.

Furthermore, according to the agreement, the property rights of the small villa are gone, and it has been replaced by the property rights of a mid-rise building, but you still have to repay the loan.

This is not a contract trap; it's a problem of perception in contemporary society.

After all, a small villa is now worth 110 million yuan, and a mid-rise apartment is worth 30 yuan.

When signing a contract, most ordinary people don't consider inflation; they only think that if they pay 110 million to 30, they can get 80 after 30 years.

Most people in the East would think the same way.

Furthermore, North America is in the early stages of the subprime mortgage crisis, and no one can guarantee that housing prices will not continue to fall.

If prices continue to fall, a small villa will only be worth 50 yuan, a mid-rise apartment 15 yuan, and at most 30 years from now, you'll get 35 yuan.

This is not even as good as the previous 110 million to 30.

Therefore, there must be countless people in North America vying to sign the contract.

But signing the contract is tantamount to ruining your life and turning you into a complete mortgage slave.

One contract, one mortgage slave.

The entire North American contract system means that the entire North American population is burdened with mortgage slaves.

Ultimately, this made the three groups creditors in North America.

Therefore, the federal government will not allow the three financial groups to do this.

However, by doing this, the three groups, with their holdings of US dollars, could indeed help North America resolve the housing and financial problems caused by subprime mortgages in a very short period of time.

If Lao Yuan were to put himself in the other person's shoes, and faced with the negative impact of the subprime mortgage crisis and the phenomenon of being a mortgage slave due to the three financial systems, he would most likely choose the latter.

The applause subsided once more.

Several North American journalists also raised questions about how many Trinity companies will go public in the US in the future, the market value of Trinity companies on North American stock exchanges, and when Trinity hospitals in various North American cities will be able to share data.

Near the end, an English journalist suddenly asked:

"Mr. Yu, the last global economic depression triggered S2. Do you think this economic depression will trigger S3?"

"As long as the three systems are strong enough, the world will not experience large-scale conflicts."

“Mr. Yu, as far as I know, wherever there are North American soldiers, there are also fat black men. West Asia, Africa, Southeast Asia, Latin America, the Bering Strait... It can be said that in the past five years, almost all the conflicts have been mainly concentrated on your side and North America.”

"That's supervision and oversight. It's like a drunken thug walking down the street with a gun. If there isn't a fat black man watching over him to subdue him, who can guarantee he won't hurt passersby? The fat black man is doing a good deed and protecting the personal safety of passersby. If we apply this to the whole world, the fat black man is the peacemaker."

"The problem is that now the drunk thugs are arm in arm with the fat black guy."

"What arm-in-arm pose? He's a drunken thug who, under the guidance of the fat black man, has laid down his weapons, become a Buddha on the spot, and turned to good!"

North American journalists understood this time.

Although the words weren't exactly kind, North America hadn't done anything wrong, so there was another round of enthusiastic applause.

Yu Yang smiled and raised his hand to signal for silence. "If the Third System reaches a cooperation agreement with North America, I believe there will be no problem on this little planet that we can't solve!"

Wow!
The North American journalists applauded again.

The European journalists, as well as those from West Asia and the Ice Bear region, looked even more grim.

If the two of you join forces, you're likely to wreak havoc on Europe and West Asia.

soon.

Another cartoon has been created.

In the scene, Yu Sanyuan, wearing an eye patch, and Xiao Bu, who is smoking a cigar, are shoulder to shoulder and hug each other, looking as close as brothers.

Then, with a large head and a small body, four shiny leather shoes are placed on a world map, so that everyone can enjoy the Sherman tank roaring in Western Europe, the combine harvester running in Siberia, the nodding donkeys building nests in West Asia, and the giant mining machine grinding in Africa.

Above both sides, there were countless western towers and a moon with eyes.

Title: We (Europe) are doomed!

(End of this chapter)