Dreaming back to 1949, the great powers were there to deceive us

"You still say you support me, but you don't give me a cent and you support me with just your mouth!"

Hu Zhenhua felt very depressed sitting in the car. He made the industrial zone plan by himself, on the one hand to show his own value, and on the other hand to get some benefits from the Americans!

Now it seems like Director Mao is taking advantage of it for free!

Hu Zhenhua could still guess some of the old spy's thoughts: taking advantage of the opportunity of Americans promoting Miyuan to achieve interest bundling, and then seek assistance for the Kuomintang government!

A fat man once said: There are no eternal enemies or eternal friends in the world, only eternal interests.

The binding of interests is the cornerstone for achieving a stable relationship.

Hu Zhenhua suddenly laughed.

The explanation I used to fool Director Mao seems to be feasible!

When the major foreign banks are caught in a bank run crisis, the Americans can release money to save the market!

Hey!

A draft plan took shape in Hu Zhenhua's mind.

Somewhere in Chongming County, hundreds of people are working hard to level the land.

Wang Zhi was lying in front of a map, writing and drawing. If you look closely, you can see that there is a planning map in front of him.

TA company advertised that it would build a small dock here, but in fact, it was building an airport.

This is the backup airport for future aviation. According to Hu Zhenhua’s requirements, it must be completed within three days!

Because in three days, the first batch of transport planes will arrive!

The workers were all nearby villagers and soldiers. They used simple tools and had clear division of labor. Some transported soil and rocks, while others compacted the ground!

Others are building ancillary facilities.

The means of transportation were very primitive. Some used wheelbarrows, while others carried things on their shoulders to fill the roads.

By tomorrow, their hard times will be over, as hundreds of Sibu Xiang vehicles are being produced at an expedited pace.

The people in the back row lifted the wooden stake together, shouting "Hey Yo Hey Yo" as the stake went up and down, hammering the ground firmly.

Not far away, more than a dozen huge stone mills were being cast. Judging from their volume, the weight of each one was more than 20 tons.

Wang Zhi looked at the construction scene with moist eyes, and he recalled some past events.

In December 1943, in order to counter the Japanese invasion, at the request of US President Roosevelt, the Chinese government built a number of air force bases in the Chengdu area, including bomber bases and fighter bases in Xinjin, Qionglai, Pengshan, Guanghan and other places.

Due to the sheer scale of the project and the tight deadline, the Sichuan Provincial Government mobilized 29 migrant workers from 32 counties near Chengdu to participate in the construction. These workers included not only young and middle-aged men, but also women and children. Braving the freezing cold, they flocked to the airport site, carrying rations, bedding, and tools.

During the construction process, the migrant workers faced many difficulties. The amount of stone required for the project was large and the requirements were very strict, requiring multiple layers of pebbles, gravel, and clay slurry to be compacted.

Due to the lack of mechanical equipment, these jobs rely entirely on manpower. Migrant workers can only use the most primitive tools, such as hoes, baskets, shoulder poles, etc., to carry things on their shoulders, carry them by hand, or push them in carts.

What's worse, the cement roller weighing more than ten tons can only be pulled by manpower to compact the ground bit by bit.

Due to the tight construction schedule, the migrant workers worked up to 12 hours a day and the living and eating conditions were very difficult.

就在这样的条件下，机场于1944年5月完工。4个机场共建成跑道9条，每个机场修建配备油库3座、弹药库6座、导航台2座，建有机库、指挥所、宿舍、电机房等相关军用设施。

The bomber runway was more than 2500 meters long, more than 60 meters wide, and 1 meter thick, making it the longest runway in Asia at the time.

The airport requirements of TA company are not that strict. The runway width is 1000 meters and the width is 50 meters. Since the C47 transport aircraft has relatively low requirements for the runway, a thickness of 30 centimeters can meet the requirements.

To be on the safe side, Hu Zhenhua required the thickness to be no less than 50 centimeters, which means that the concrete needed to harden the ground alone is as high as cubic meters.

In addition, defensive facilities need to be built around it, so you can imagine the workload.

In order to speed up the work, Wang Zhi not only provided three meals a day, but also paid one dollar a day.

The disaster victims and hungry soldiers from all around rushed over!

To govern things, you must first govern people!

In order to prevent anyone from causing trouble, Wang Zhi took the lead in building bunkers around the area and set up heavy machine guns and mortars that he had secretly bought from the garrison.

He has an appointment letter from the Jiang Defense Command, so he can set up his base here openly!

After a few rebellious soldiers were shot, they became obedient.

If you want to eat, you have to work hard!

If you can’t do your job well, get out!

Good job, there's a bonus!

Such a big commotion attracted Ding Zhipan's attention. After Wang Zhifeng gave him ten thousand dollars, he chose to turn a blind eye!

……

It was already four o'clock in the afternoon when Hu Zhenhua returned to Chinachem. Zhao Zhi and Yu Bing were already waiting in the office. When Zhao Zhi saw Hu coming back, he immediately brought him a cup of warm tea with a flattering look on his face.

"Hua Zi, come and moisten your throat!"

Yu Bing turned on the electric fan beside him to cool him down.

Unable to refuse the kind offer, Hu Zhenhua had no choice but to pick up the teacup and gulp down a few big gulps!

"What's going on between you two? We're brothers. Is it necessary to do this?"

Zhao Zhi nodded at Yu Bing, signaling him to speak, but Yu Bing pretended not to see and turned his head away.

Hu Zhenhua looked at them and smiled.

"Is it because of Wang Mo? Regarding Li Wei's investment, I want to apologize to my two brothers for not holding a board meeting first..."

Yu Bing interrupted him and said indifferently,

"Huazi, you still can't harm us, it's not because of this, we want to ask, are you going to clean up the foreign company?"

Hu Zhenhua's face darkened and he shouted,

"Where did you two hear the news?"

Things are made secret, and words are leaked.

In order to ensure that everything went smoothly, Hu Zhenhua and Guo Dachong kept the matter highly confidential. Apart from the two of them, almost no one knew anything about it.

Hu Zhenhua's eyes, like a hunting beast, made Yu Bing's hair stand on end. The latter immediately said,

"Huazi, you forgot we talked about banknotes before. Combined with what's happening in the market, we made this guess. Don't worry, no one knows about this except us two!"

Hu Zhenhua suddenly felt ashamed. He still couldn't control his emotions. If it were someone else, based on his reaction just now, they would be able to tell that he was targeting the foreign company.

Old Hu laughed and said,

"There are some things I have to tell you, but I can't help it!"

He pointed in the direction of Modu's station and lowered his voice.

"The situation is very complicated. If you learn something you shouldn't know, you might be in danger!"

Zhao Zhi felt a little awkward, and after hesitating for a long time, he finally spoke.

"Huazi, we won't embarrass you. We just want to ask you a question. If we acquire a few small factories that are on the verge of bankruptcy, can you place some orders with us?"

"What's the meaning?"

Hu Zhenhua was very confused. You are the shareholders of TA company. Why are you asking me for orders? What does that mean? Do you want to go it alone?

Yu Bing immediately answered Lao Hu's question.

"Hua Zi, you really don't know? Now, as long as you have an order from him, even if it's a resale order, you can get a loan from a foreign bank!"

This news suddenly flashed in Hu Zhenhua's mind like a flash of lightning!

Then, there seemed to be a thunderclap in his ears!

Hu Zhenhua's thoughts traveled through time and space and returned to October 2008, when the subprime mortgage crisis originated in the United States and developed into a global financial tsunami.

The origin of the crisis was that US financial institutions issued housing loans in violation of regulations. Over time, huge risks accumulated on the financial side, which eventually became irreversible and caused an avalanche.

Hu Zhenhua has watched a related documentary. Before the crisis broke out, if you applied for a loan in the name of a pet dog, you would be approved without providing any proof.

In this process, four stakeholders are involved: banks, lenders, home buyers, and developers!

Every time a house is sold, the bank issues a loan and is the first beneficiary.

If they run the business honestly and receive monthly payments from homebuyers, the crisis will be contained within the bank.

But capital is greedy, and earning money from monthly payments is too slow!

Moreover, it will seriously consume the bank's capital.

So they packaged these loans together and securitized them into subprime loans. Afterwards, the financial institutions found some rating agencies, such as A-rated and Rating, to give these subprime loans an AAA rating and sold them to investors.

As housing prices rose, subprime loans were not only safe but also offered good returns, making them popular among investors.

If the yield on a subprime loan is 2%, the amount is $ million.

Then the financial institution can recover the capital in a very short time and earn a 2% return.

So they started lending again and packaging them into subprime loans.

If the circle goes around within a month, financial institutions can realize a 6% profit, what a huge profit!

In this way, over and over again, within a short period of time, the subprime loans in the market expanded rapidly!

The second beneficiary is the loan officer, who can get commissions. The more loans they make, the more commissions they get, so they are very motivated to help customers obtain loans.

The third beneficiary is the homebuyer, who acquires a property that can maintain and increase its value. If housing prices continue to rise, they will be the biggest winners!

The fourth beneficiary is the developer. After selling the houses, the faster they can recover the cash, the more properties they can develop.

In this deal, everyone is happy!

However, this is based on the premise that housing prices continue to rise. Once housing prices fall, home buyers will choose to stop paying.

The real estate loan system in the United States is different from that in China in later generations. As long as you stop paying the mortgage, the house can only be taken over by the bank!

Hu Zhenhua once envied this loan system.

Because he is a victim of an unfinished building. He paid the down payment, but he couldn't get the house because it was unfinished. He still has to continue to make monthly payments. For the rest of his life, he can only work like a slave!

It's a bubble, it will burst!

If it happened in other countries, the subprime mortgage crisis might not have been so powerful, but unfortunately, the origin of this crisis is the United States.

The US dollar is a global currency. Once the United States has problems, the whole world will be affected!

The subprime mortgage crisis is equivalent to the United States being on fire, and the US dollar is the water to put out the fire!

In order to save themselves, American financial groups sold off overseas assets and recovered funds. As a result, various crises arose around the world due to lack of funds, and the financial tsunami swept the world.

Yu Bing saw Hu Zhenhua was in a daze and pushed his arm.

"Huazi, is there something wrong with our thinking?"

Hu Zhenhua came back to his senses, calmed himself down, and asked,

"Are the loan requirements of foreign companies so low?"

You know, today is only the first day that the major foreign banks are lending money. Logically speaking, they should be more cautious!

Zhao Zhi lit a cigarette and smiled obscenely.

"At noon, they were really strict. They required factory and order collateral, and they also had to verify the financial situation. But at three o'clock in the afternoon, the small factory called Shanghai Hardware that supplies screws to Xinzhong took a transfer order from Xinzhong and borrowed 6000 yuan from Huifeng! The order from Shanghai Hardware was only worth yuan!"

Hu Zhenhua found it incredible and asked quickly,

"Tell me more specifically, how does hardware work in Shanghai?"

Zhao Zhi looked confused and didn't know how to answer

Hu Zhenhua suddenly realized that his question was a bit broad, so he immediately changed the question.

"The loan funds for Shanghai Hardware were taken out after placing orders at Huifeng!"

Yu Bing was more clear about this issue and took over the conversation.

"Nineteen thousand of that was used to order various parts and raw materials. He also took out one thousand in cash to pay the workers?"

Hu Zhenhua frowned and asked,

"Is this thousand yuan in silver dollars or banknotes?"

"Of course it's banknotes. If an ordinary person dares to hold silver dollars, they will be confiscated immediately once discovered!"

Hu Zhenhua no longer wanted to complain about the government, but he still couldn't help but curse.

"What a fucking world!"

The common people of our own country can only deposit precious metals in foreign-funded companies!

I wonder if the top officials of the Nationalist government would feel embarrassed if they knew about this.

Old Hu pondered for a moment and asked,

"There's only a 6000 yuan order for hardware in Shanghai, and Huifeng dares to lend 2 yuan. Aren't they afraid of the risk?"

Zhao Zhi laughed twice and said,

"Hua Zi, you may not know this, but Shanghai Hardware doesn't just have orders from Xinzhong Machinery Factory, they also have orders from other factories!"

"Oh, can you tell me more specifically?"

Zhao Zhi shook his head.

"I don't know the specific reasons, but many half-dead factories are suddenly thriving again!"

Yu Bing raised his hand and said as if he was presenting a treasure,

"I know what's going on!"

It turned out that Shanghai Hardware had been owed money for goods by Xinzhong Machinery Factory, and the accumulated amount was as high as oceans. After Xinzhong got the loan this time, it immediately paid 5000 oceans to Shanghai Hardware.

After getting the money, Shanghai Hardware paid part of the funds to the upstream iron smelting plant. The iron smelting plant immediately prepared materials for production and resumed supplying Shanghai Hardware.

Seeing that Shanghai Hardware had resumed production, other manufacturers also began to try to place orders. In just one day, Shanghai Hardware received additional orders worth as much as 2000 yuan!

Hu Zhenhua smiled. This is the economy. Once the funds start flowing, they can drive a steady stream of demand.

After Yu Bing finished speaking, Zhao Zhi suddenly said,

"Huazi, you may not know this yet, but the housing prices in Shanghai have gone up quite a bit today. At this rate, it won't be a dream for them to double in less than a month. Should we buy in?"

Hu Zhenhua decisively refused and shouted,

"No, I'm warning you, no one is allowed to touch real estate!"

Seeing Zhao Zhi disagree, Hu Zhenhua said coldly,

"Before you buy the property, you'd better prepare a coffin first, so that your body won't be left exposed in the wilderness!"

Yu Bing got a chill and quickly expressed his stance.

"Don't worry, Huazi, I will never touch real estate!"

He paused, looking at Hu Zhenhua eagerly,

"About the loan?"

Hu Zhenhua waved his hand and said with a smile,

"I can give you the order. As for the limit, is one million enough?"

Zhao Zhi and Yu Bing were overjoyed.

"That's enough! With this million-dollar order, I can borrow at least 300 million from the foreign company!"

After hearing this, Hu Zhenhua couldn't help but feel excited. He was thinking whether he should try to get him too!

After a moment, Hu Zhenhua rejected his idea.

Once the chess player leaves the game, he becomes just a chess piece, indistinguishable from the crowd!

Hu Zhenhua thought for a moment and decided to give them some advice.

"After you get the loan, I suggest you purchase any supplies the foreign bank has on hand. It doesn't matter what you buy! If possible, it's best to find a way to get some cash from the foreign bank. Remember, it must be kept secret!"

"Got it, got it!"

……