Cosma Empire

Chapter 853

"More than 20 small businesses have gone bankrupt this week. Import and export trade risks have grown uncontrollably for these small businesses. If they cannot adapt and find a good way to spend this special time, it can be expected What's more, there will be many small and micro enterprises going bankrupt in this wave!" At the federal high-level meeting, the undersecretary in charge of import and export trade said to the officials participating in the meeting, "The madness of the Federal Shield The increase is not all good news, we also face many problems that need to be solved urgently."

Things that are very normal for ordinary people have attracted the attention of high-level federal officials. For the operation of the country, financial mechanisms, and economic construction, these officials have a keener sense of smell than ordinary people. The closure of a small export business means that many more small and micro businesses are facing all the problems that the failed business experienced. It is very difficult to maintain the cost increase but the income suddenly decreases. There are always some expenses that entrepreneurs cannot get rid of, such as personnel salaries and so on.

At the same time, the readjustment of tariffs between the Federation and the Empire has also made it difficult for these small and medium-sized enterprises that export through dumping. Their products are no longer competitive in the Imperial market under the premise of canceling the tariff exemption. For example, some A company that produces cigarette lighters. Once they unscrupulously dumped their own goods to the empire, and occupied the empire's market with a large amount of trade volume and lower prices. But with the restoration of tariffs, the prices of their goods in the empire are no longer so attractive, and they are not as popular as the empire's own products.

Of course, where there is light, there must be shadow. Everything has always been divided into positive and negative sides, there is a good side, and there is also a bad side.

A deputy minister of the Ministry of Finance went on to say, "This does not conflict with our previous plan. Gentlemen, loosening the relationship with the imperial star dollar exchange rate and opening up a larger market are our most important plans now. In Before we did this work, we already understood that the financial and economic markets in the Federation will inevitably face a certain degree of shock, including the collapse of some companies. This is the inevitable pain we need to bear to get rid of the past, and we are holding on to it. The empire has been in power for more than 20 years, and has used the empire's market to raise a large number of excellent companies. Under the natural competition and elimination mechanism of the market, if someone succeeds, then someone must face failure."

"It's just that these people are very unfortunate to become one of the losers. With rigid business philosophy and ignorance of flexible thinking, it is not changes in national policies that make them face failures, but themselves. They cannot transfer enterprises in a timely manner. The direction of business, if you change the existing business projects and concepts, they will inevitably be eliminated by the market. Let us focus on those successful companies. In the past two decades, more than 130 companies have been born in the Federation Excellent and outstanding multinational large-scale trading companies. I think the problem that His Excellency the Undersecretary of Trade is worried about is actually not a problem in itself. If we don’t do these things, won’t these companies go bankrupt?”

"No, if we don't formulate new policies to push the market to the world faster, they will also struggle without competitiveness, and in the end they will go bankrupt and be forced to liquidate. We all understand that the market is cruel, and we We can sympathize with what happened to them, but we cannot change our existing policies just because of their current situation."

"Members and Speakers of the Union Parliament have expressed optimism about the current situation. Let us focus on those successful companies that do not require special support from us to gain a foothold in international trade. We are constantly growing ourselves, this is what we need to pay attention to. As for those small businesses,

I don't think we need to pay too much attention. "

Now the main policies and plans of the Federation are basically formulated to promote the Federal Shield as an international currency. The Ministry of Trade has interviewed many entrepreneurs of multinational companies in the past week. They put forward an idea, that is, to require All companies firmly use the Federal Shield as the settlement currency. It seems that this is a very stupid thing. It increases the trade process, and those foreign import and export companies need to hold the federal shield to trade with the merchants of the federation. But from another point of view, the accelerated expansion of the scope of circulation of the Federal Shield on an international scale has a very good effect on their ultimate goal.

When people are used to keeping some federal shields in their pockets and using federal shields as a settlement currency in international trade, the international influence of the Chamber of Commerce Federation and federal shields will rapidly increase, and eventually become the mainstream settlement currency. At that time, the entire world's market will have to abide by the business rules set by the federation, and in some cases pay for the federation's economic development. The influence and benefits it brings far exceed the wave of bankruptcy of some small businesses.

The deputy minister of the Ministry of Trade nodded with a wry smile. In fact, he is also very clear that the closure of small and micro enterprises at this stage is a self-regulation of the market mechanism. The profits of large companies began to increase, while the profits of small companies began to decrease. The transfer of profits caused these "disabled" companies to be eliminated, and the nutrients after their bankruptcy and the vacated market were used to encourage "healthy" companies to become stronger.

But... there is always some worry. Once the wave of closures is formed, it may cause some problems in the society, such as the increase of unemployment rate, the increase of idle property personnel, and the problem of law and order will eventually evolve into more complicated social problems in a short period of time.

The undersecretary of the Ministry of Finance continued, "Let me first inform everyone that next month, the central bank will continue to cut interest rates to stimulate the market, and at the same time promulgate some other financial policies to activate the activity of the federal financial market. I hope everyone can cooperate as much as possible. At the same time Detecting fluctuations in the market..."

In fact, there is one more thing that the deputy minister did not say. After the discussion results of the highest meeting of the joint parliament, it was decided to issue a new batch of federal shields. To put it simply, it was to print more money.

Now in the international currency market, the Federal Shield is favored by investors all over the world. It has been determined that there will not be too many ups and downs in a short period of time, and it will continue to rise with a stable and firm attitude. Rising prices will strengthen the confidence of investors, which makes the number of coins in circulation smaller. In order to spread the influence of the Federal Shield as soon as possible, the United Council made such a decision.

Of course, printing a batch of currencies will lower the price of the Federal Shield, but this is definitely within an acceptable range. Domestic think tanks believe that this will cause the exchange rate of the Federal Shield to drop in a short period of time, and at the same time release An obvious signal is that the federal shield for circulation is insufficient, which will further stimulate investors' confidence in the federation.

It is indeed inappropriate to disclose this news prematurely. The Ministry of Finance has always had great confidence in the federal financial economy.

Williams is the sole shareholder of a small import-export trading company, and his product is only one thing - blankets.

In the past ten years or so, he has earned a lot of money, which is enough for him to live in a villa area in the upper city, drive a high-end luxury car, go to some high-end places that require qualification certification, and even bring his family to enjoy everything . To this day, he can't forget his factory working overtime and frantically making blankets and packing them for dumping into the empire. The dealers in the empire sent him telegrams several times a day, urging him to ship the goods as soon as possible to deal with the crazy market. He was a part of the dumping army.

There are many people like this around him. It was definitely a glorious era worth remembering by everyone. Countless people used all their own mortgages to start small and simple factories with the money, and then went crazy from the empire. Grabbing profits, it was really a golden age. No matter what it produces, in short, as long as it is sold to the empire, it will definitely make money. As long as it dares to gamble, it will definitely win. It is still something people talk about until now.

At that time, his cheap blankets were deeply loved by the low-income people in the empire. A blanket for two stars had a gross profit of about 35%, which made him a successful person.

But recently, his good days have come to an end. Even though the federal side has given him tax rebates and subsidies, after the resumption of tariffs, the selling price of his products in the empire has risen to 3.2 yuan, and the gross profit is only a dozen percent. In other words, he basically does not make money by selling things now, but by making a meager profit from tax rebates and subsidies. In the market where the empire has recovered, the competitiveness is very poor. Compared with the two blankets produced by the empire itself, the sales of its own blankets are worrying.

The dealer has called him more than once to tell him to reduce the purchase volume.

Now, he is sitting blankly in the office of the credit department of the bank, looking at a loan document in front of him. He wants to mortgage the villa he has lived in for more than eight years to the bank in exchange for a loan to maintain the current production and operation. He doesn't know where the way is, and he doesn't know how to change it. The city hall has brought these small entrepreneurs to meetings more than once, telling them to transform, to be flexible, to keep up with the pace of the times and to make relative adjustments to policies. But he is the chairman of a small company. He is not an economist. He knows what those words and phrases mean, but he doesn't know how to do them.

The only thing he can do now is to maintain his own business. Perhaps the market will improve one day. I heard that several regions have just ended the war and there is a lot of market space. Perhaps he can work hard in this direction.

After he picked up the pen and signed his name, the department manager sitting across from him had a smile on his face, "Mr. Williams, your loan will be credited into your account within three hours." , you have six months to control the money. After six months, if you cannot repay the loan principal and interest, according to the terms of our contract, we may expropriate your house and auction it. Good luck !"

Williams squeezed out a smile and shook hands with the department manager. The other party gave him a business card and said something that made him unhappy. For example, if he still needs something, he can directly contact the manager. It can save them a lot of steps.

You son of a bitch, it's cursing me! !

Williams had a smile on his face but was cursing inwardly, and it hurt him to have to smile. Seeing Williams leaving, the department manager smiled and shook his head. Recently, many small and medium-sized enterprises have begun to seek loans to maintain the normal operation of the enterprise, but I have to say that the effect of doing so is actually not good. There are already several small and medium-sized enterprises Businesses lose their collateral as they repay the loan principal and interest. Apart from continuing to obtain more financial support from banks in a way equivalent to selling off, they cannot alleviate the current situation at all.

These are good times, and for banks, they are. A large number of high-quality assets can be held in the hands of only a small sum of money. It is foreseeable that this year's year-end awards will have a qualitative breakthrough!

After returning to his factory, Williams squeezed out an ugly smile in front of the workers who had stopped working and were smoking and chatting at the gate of the factory area. He didn't show his spirited state as he expected last night, then cheered up and encouraged the workers We continue to work. At this moment he felt very tired, exhausted.

"Call someone over to settle last month's wages, and inform our friends that we need some new raw materials." Following Williams' words, the idle workers in the factory cheered and slapped their buttocks on the floor. Dust, happily waiting in line to settle wages outside the office.

Although they are also worried about the future of the factory, it doesn't seem that bad at the moment. The boss already has money to pay wages, doesn't he? And it will continue to produce, which means that their jobs will continue, and they will be able to earn money from this to support their families.

It's just that in the hearts of these workers, there is also a trace of worry, worrying about whether they can still settle their wages next month like they are now.

When he got home at night, Williams locked himself in his study. Half of the money he got back from the mortgage loan from the bank today has been used up. He can continue to work when the raw materials arrive tomorrow, and he can barely spend the next month.

He doesn't need to pay for the raw materials now. He has a good cooperative relationship with the supplier, as well as a private friendship. The other party will let him temporarily hold down a batch of payment. This is not the first time that such a thing has happened. What should he do if next month the merchandise doesn't sell better...?

He felt a headache when he thought of this, he had tried his best, but why he still couldn't see a way out, couldn't see the light?

He fell into a daze, looking for an exit that didn't exist in the fog.

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