My encyclopedia entry has come true

Chapter 142 Creating the Great Depression
Cheng Ying also joined the conversation: "I heard from a college classmate of mine who was studying in the Southern Federation that the situation in the Kangaroo Country is very miserable. It feels like it has entered the era of the Great Depression. The luck of the Southern Federation is too bad. Several pillar industries, Almost all of them have been strongly impacted by Hawke Island. The largest product of Kangaroo Country is iron ore, and the extremely high-grade iron-rich iron ore on Hawke Island has severely squeezed the iron ore market of Kangaroo Country, especially Kangaroo Country. I have been fighting against myself, the world's largest iron ore demand country, and handed over the order to Hawke Island. The animal husbandry industry has also collapsed, and it is difficult to export beef. If it is not for the government's large subsidies and restrictions on artificial beef Import, all ranches are going to close down..."

Chu Xiaoyao's team is engaged in self-media, so this kind of discussion is not unusual.

Huang Fei said: "Haha, the Kangaroo Country is too jumpy. I have never known what is good and what is bad. I deserve it. I checked the export data of the Kangaroo Country last year. It exported 1320 billion meters of knives, which has shrunk by nearly 60% compared to three years ago. Imports of 2700 billion meters are basically the same as three years ago. From a country with a trade surplus to a country with a serious trade deficit, the annual deficit is 1400 billion meters. Studying in the Kangaroo Country is like joining the national army in [-]. Studying on Hawke Island is the kingly way. Looking at the scientific research team of the Hawke Island Academy of Sciences, the stars are shining..."

As a native of the East, he doesn't have a good impression of the Kangaroo Country.

The editing guy couldn’t help but say: “Kangaroo Country’s economy has been in recession for the past few years. The annual growth rate was -5.1% the year before, -7.2% the year before, and -8.2% last year... plus the currency depreciation is more expensive than rice knives. Not bad, GDP has shrunk by at least one-third, and the IMF predicts that it will become the next southern country and the second country to regress from a developed country to a developing country. In fact, the two countries are very similar, both selling Started from the mines..."

"Kangaroo Country is considered a developed country, but it's just a mining company pretending to be a country. The key point is that it hasn't realized itself, so it should have gone bankrupt long ago." Huang Fei said disdainfully.

Cheng Ying nodded and said: "The situation in the Southern Federation is indeed not optimistic. The economy has collapsed, the stock market has collapsed, prices have soared, and the unemployment rate has soared. My classmate said that now many people are taking to the streets, and the phenomenon of beating, smashing and looting is very serious. The people on Hawke Island are very unfriendly, and she saw with her own eyes the irrational kangaroo people burning the Big Dipper flag on Hawke Island, and she is ready to return home."

"The United States, Nanbang, and Dawan are not doing much better. The monopoly of core industries such as chips has been repeatedly broken by labor and Hawke Island. Their industrial advantages are gradually being bulldozed by the two bulldozers of Dongguo and Hawke Island. Evening, the profit margins of Samsung and Taipower have dropped by more than 50%, and the continuous plunge of rice stocks has caused a serious setback in investor confidence. To put it simply, capital and ordinary investors are no longer optimistic about them... …After all, what else can developed countries that have lost their technological advantages have, except labor costs?” Huang Fei said gloatingly.

Yes, developed countries around the world are experiencing a new Great Depression...

"It's not that exaggerated. Western countries such as the United States still have a lot of technological advantages. Except for those with a relatively simple industry and export structure like Kangaroo Country, they should not collapse so quickly." The copywriter brother of Chu Xiaoyao's studio said.

Chu Xiaoyao's team is engaged in self-media, and they are relatively knowledgeable in this area, and they understand more or less.

The big copywriter was recruited by Cheng Ying from a well-known political website, and his level should be the highest in the entire team.

"It's hard to say. Don't try to analyze the world rationally. Who would have thought, no one would have thought that such a powerful red-haired country would suddenly disintegrate. Within a year, it will become the pinnacle of the world. I think the foundation of a country’s strength lies in its spirit. With spirit, some are thriving. Without spirit, investors have no confidence, capital flees, social conflicts erupt, and public security collapses. , the vicious circle will soon be gone..." Huang Fei said with a smile.

"Huang Fei is right. In fact, the situation in the Southern Federation was not that bad at the beginning. After all, the proportion of the service industry and manufacturing industry in the Southern Federation's GDP is much higher than that of mining and animal husbandry. But the Waterloo of mining and animal husbandry , brought about a chain reaction, social chaos, and intensified conflicts, which seriously affected all industries and the stock market, and finally reached the current almost irreversible situation..." Cheng Ying said.

"It's the same in the United States. According to yesterday's news, more than a dozen extremists rushed into the Blue Star Ascension game bar and smashed 200 game warehouses, worth 900 million dollars... They thought they were attacking Hawk Island. In fact, the game The owner of the bar is from the United States, and it will also affect the business of many local enterprises and merchants in the United States on the platform. The ones who suffer the most losses are actually themselves... I can only say that it is ridiculous to be incapable and furious, haha..." Huang Fei couldn't help laughing.

"That's right. Now that the United States and other countries have large-scale extreme incidents against Hawke Island and several other countries, in fact, they are the ones who are really hurt. Capital and ordinary investors are scared away, and the economy is in trouble. ..." The big copywriter agreed with him.

"Have you noticed that Hawke Island is recently forming an upgraded version of OPEC, the Blue Star Mineral Export Organization, whose members include Lucia, Nanre, the Emirates, Zha and other mining powers. It was a major blow." The editor said.

"Hawk Island is really destiny. There are too many minerals discovered in recent years. I just checked. Now Hawk Island has the fifth largest oil reserves in the world, the fourth largest natural gas reserves in the world, the largest uranium reserves in the world, and the largest iron ore reserves in the world. The world's third largest ore reserves (the average grade is the first in the world), the second in the world in gold ore reserves, the first in the world in chromium ore reserves, the second in the world in cobalt ore reserves, the third in the world in platinum group metal ores, and the third in the world in high-quality anthracite..." Huang Fei said.

"Have you found out that the minerals of Hawke Island are highly complementary to those of Dongguo. They basically have all the chromium ore, cobalt ore, platinum group metals, etc. that are in short supply in Dongguo...it's a coincidence..." said the copywriter brother.

"Is it possible that Hawke Island has developed some advanced exploration technology, otherwise how could it be such a coincidence that minerals that had not been discovered for such a long time before were all discovered at once..." the editor speculated.

"In fact, all countries have this suspicion. It is indeed very possible. Based on Hawk Island's performance in other technologies, it is really possible. If this technology really exists, it is another technology against the sky." Huang Huang Fei nodded and said.

(End of this chapter)