Galaxy Technology Empire

The stock market crash caused by General Motors swept the entire Western world in just a few days and spread to the whole world.

Although various countries responded quickly to rescue the market, their weak economy was unable to withstand this financial crisis for a while.

The only exception is East Asia. Except for the Kingdom of the Sun, which is slightly affected, other countries appear to be quite stable.

The Southeast Asia region, which was severely affected, immediately became a resistance for the Galaxy Consortium to enter the region.

Although this stock market crash was not as severe as the 1929-1933 economic crisis or the 2008 economic crisis.

However, the plunging stock markets of Miguang and Xizhou have caused a significant increase in the debts of many people or companies, and people have to cut unnecessary consumption to maintain their lives.

According to research reports from relevant economic research institutions, starting from 2019, the proportion of food and clothing products in the overall consumption of the people around the world has increased significantly, while the consumption of luxury goods has been exactly the opposite.

Buffett once said that the best way to deal with inflation is to cut off unnecessary consumption.

In an economic depression, most people are forced to cut unnecessary consumption and purchase hard-inflation products.

During times of rapid economic growth, we should gradually stay away from bubble industries, such as the tulip incident, and stay away from tulips; for example, before the financial crisis, when there was a big stock market bubble, we should stay away from the stock market.

If we talk about what is most valuable when the economy is depressed, the more depressed the economy is, the better the value of firewood, rice, oil, salt, sauce, vinegar, and tea will be.

However, if you hoard these goods in large quantities, there are great risks, such as: storage risk, these things are difficult to store for a long time; social risk, people cannot afford to eat, and you have to be a rich man. This is no different from the profiteers in the TV series. What a difference.

During economic booms, gold's rise rate is usually lower than the economic growth rate. This is because when the economy is good, the world trusts the U.S. dollar more, so gold bubbles are rare; during economic depression, holding gold will give you a certain level of wealth. Risk resistance ability.

Therefore, since the beginning of 2019, the international gold price has risen slightly, and the international gold price once rose to a high of 327 Chinese yuan per gram.

However, after the US stock market crash broke out this time, the international gold price started to skyrocket again. In less than a week, the international gold price hit a new high, reaching a height of 386 Chinese yuan per gram, and the increase continued unabated.

In addition to hard currencies such as gold and silver, there are other necessities that people cannot live without even if the economy is very poor, such as the pharmaceutical industry and the food processing industry.

In addition, "national credit" is the last line of defense against economic depression, and investments such as government bonds will relatively maintain their value.

Mars Group.

In the office of CEO Zhuge Sansheng, he looked at the report in his hand and couldn't help but laugh.

Thanks to the surge in output of the gold and silver refining plant of Galaxy Mining Group just now, plus the silver previously purchased by Mars Bank, it currently has 1,127 tons of gold and 13,000 tons of silver in reserve.

The reason why the Mars Group has so many gold reserves is actually related to Dongdao and Gaoli. Dongdao previously had 423.6 tons of gold, and Gaoli also had 104 tons of gold. In this way, the Mars Group, as the central bank of the Galaxy Consortium, will naturally gain got this gold.

Part of the remaining gold was contributed by the newly established Galaxy Mining Group, and the other part was contributed by Dongyin Water Group.

Why Dongyin Water Group also produces gold? It’s actually for convenience. Mainland seawater desalination plants now have built-in gold and silver filter membranes.

The gold and silver extracted from these films are divided into 70% and 70% by Dongtang Bank and Mars Bank.

That’s why Mars Bank has so many gold reserves. Judging from the current gold and silver production of Dongyin Water Group and Galaxy Mining Group, it can add about 500 tons of gold and 6,000 to 7,000 tons of silver to Mars Group every year.

Of course, the Mars Group’s gold and silver reserves are not just left there to gather dust. Silver is an important raw material for iron-silver room-temperature superconductors. In addition, the semiconductor industry also uses a large amount of gold and silver. In addition, a large amount of gold is used in aerospace. These gold and silver reserves are very important. Most of them are supplied to their brother companies.

The Mars Group, which has so many gold reserves, is conducive to stabilizing the value of the Mars Coin. Although the Mars Coin is not linked to gold and silver, it does not panic if it has food in hand.

"President!"

"Come in!" Zhuge Sansheng put down the report in his hand.

"This is the economic survey report on Luzon, Annan, Myanmar and other Southeast Asian regions!" The assistant handed him a document.

Zhuge Sansheng took over the document and looked through it. Although the impact of this economic depression on Southeast Asia was not serious, it was not much better.

"By the way, where is the investigation report from Tu'ao?"

"At the bottom of the file."

When I turned to the last page of Zhuge's Three Provinces, I immediately started laughing. These guys are in a miserable state now. Affected by the triple impact of trade war, drought, and rice stock market crash, Tu'ao's economic situation continues to deteriorate.

As a country that focuses on agricultural products and mining, many domestic farms are bankrupt or on the road to bankruptcy.

In the mining industry, although the price of iron ore has risen a lot this year, in order to suppress Tu'ao, both Dongtang and Galaxy Consortium have invariably reduced the amount of iron ore they purchase from them.

Galaxy Technology uses recycled scrap steel and lean iron ore to make steel. With cheap electricity costs, scrap steel and lean ore have become profitable.

Of course, this is a temporary solution rather than a permanent solution. It is better to use alternative products or have its own iron ore. Galaxy Technology has been doing these two aspects, and many alternative products have indeed been developed.

As for its own iron ore, Galaxy Technology's plan is to meet its needs through space mining. After all, iron can be grabbed in handfuls on those asteroids in outer space, so why dig around on the Blue Star.

As for the demand for iron ore in Dongtang, they adopt diversified methods to satisfy themselves. On the one hand, they use scrap steel to make steel, on the other hand, they use alternative products, and on the other hand, they purchase some from Mao Xiong, Central Asia, and Heizhou. , and also develop the iron ore in Mobei.

"Go and ask some vice presidents to come to my office for a meeting." Zhuge Sansheng ordered his assistant after looking at the economic conditions of Southeast Asia and Tu'ao.

"OK."

After a while, three vice presidents came to his office.

"sit."

Linda, who was in charge of Mars Bank, just sat down and asked, "President, what are your orders?"

"We want to take advantage of the impact of this economic depression to strengthen our influence in Southeast Asia and Tu'ao." Zhuge Sansheng put down his pen and crossed his fingers.

"Then what does the president plan to do?" Linda asked.

"In the name of economic assistance, by entering their financial field, we can take the opportunity to control some local banks and insurance companies." Zhuge Sansheng expressed his idea.

"This plan should work, but I'm afraid some countries will not easily allow us to enter the local financial field." Huang Guocai, who is in charge of insurance, reminded.

"Don't worry! We will form a group with China and Mitsubishi Sanxin to distract their attention." Of course, Zhuge Sansheng knew that the Mars Group would be too conspicuous if they went by themselves, and they would need Mitsubishi Sanxin and the others to provide cover.

"In this case, the success rate is relatively high." Linda nodded.

"We can also invest in their electricity, water supply, road transportation, communications, etc., which can cooperate with the local people and support our spokespersons." Huang Guocai raised his glasses and said.