Reborn as the richest man in India.

Chapter 223 I owe tens of billions in debt, then solve the creditor (seeking monthly ticket)

"Yes." Hudi shook his head and said, "From the news we got, those major shareholders approached Shedu and wanted to invest with everyone, but Shedu refused. He invested all his money in Chaoyue Group In the midst of expansion, it is not interested in other industries."

Qiao Ge didn't expect that this guy, Shedu, was really a bit dedicated.

Although I don't have a good impression of Shedu, his spirit of concentrating on one industry is still admirable.

No wonder Chaoyue Group was able to achieve this achievement under the leadership of Sheduk.

However, as long as he is given a chance, Qiao Ge will also step on Shedu. It is best to overturn him to the ground, and he will never be able to turn over.

It is not too late for a gentleman to take revenge for ten years, but Qiao Ge always remembers it in his heart.

"Continue to pay attention." Qiao Ge smiled and said, "As long as we can withstand the previous waves of their offensive and stabilize our position, then the next step will be the fight between their latecomers."

"Yes, boss." Hudi smiled.

This is for sure. As far as the present is concerned, the organic agriculture here is still very dominant. If the technology in this area is not good, it is really impossible to produce qualified organic agricultural products.

It can be said that with the influx of these people, this high-end market must be full, and the supply will exceed demand, and then it will be a fight among themselves.

Some companies with weak strength and unqualified product quality will naturally be eliminated.

"One more thing." Hudi said again, "When I came here just now, I heard someone mention the petrochemical license. It is said that the number that the country is going to issue this time is a bit too much. Boss, then you~~"

"I also heard just now that there are more than a dozen, which is quite a lot, a bit beyond everyone's expectations." Qiao Ge knew what Hudi wanted to say.

This is to ask yourself if you are interested in entering.

To be honest, Jogo was really moved.

In the past, he didn't have the capital, but now according to his own income, after a few years, he will team up with some other people. The funds should be sufficient, and he is really qualified to enter the petrochemical industry.

invest?
Before Hudi came, Jogo was also thinking about this matter in his mind.

In the end, he made a difficult decision to take it easy, no matter how attractive the permit is, some things can be thought about but not done.

This investment is too great.

Because he is still doing another big thing now, which is the palm oil industry.

If the industry grows big by itself, the profits will not be low.

With two major events spreading out all at once, the pressure is too great.

More than a dozen licenses are really exciting, but Jogo still holds back.

In fact, he did this to avoid being targeted.

Although his wealth is accumulating rapidly, his real background has not improved so fast.

In other words, the power behind him is not enough, for example, the relationship in the government is not enough.

Now it is mainly through Hebicha that they have found some characters. These people have a mediocre relationship with themselves, and they must not count on any major events.

Moreover, the status and power of these people are not the top group.

As Hebicha and the others, this is the only way they can go. After all, they are not the talkers of the family.

The petrochemical industry involves power at the national level, and the interests are too involved. If I follow some big shots to invest, as a small shareholder, it will not be a big problem.

If you want to control the company by yourself, you may be targeted by some big shots, and it is possible for the ship to capsize in the gutter.

Take organic agriculture and high-end mineral water as an example. I don’t know how many people are staring at themselves and targeting themselves.

When he was not strong enough to control the situation, Qiao Ge felt that he should keep a low profile.

If you can't become fat with one bite, you don't have to worry at all.

"Let's just take a look," Jogo replied.

Hudi can probably understand Qiao Ge's thoughts. With his sudden rise, it's not a big problem in other industries. Petrochemicals are really not something ordinary people can play.

"It's just a pity that a dozen licenses have been released. If we want to re-enter in the future, I'm afraid it will be difficult to have a chance." Hu Di sighed.

The country has released so many licenses at once this time, so it will definitely not issue more licenses for a long time to come.

A few years later, even if Jogo is strong enough, he has no way to enter without a permit.

"No force." Jogo replied.

Jogo was really not worried about these things.

Even if the government promises these licensed companies this time, for example, it will not issue new licenses for many years and guarantee their interests.

But in 91, when the country was about to go bankrupt, what was the use of these promises?

With the reform and opening up, these industries will naturally gradually become market-oriented.

At that time, I believe that I have the financial resources and the corresponding background, and it is not a big problem to enter the petrochemical industry.

Jogo certainly understands Hudi's concerns, after all, the other party doesn't know what kind of big changes will happen in the next few years.

"Looks like I have to congratulate Hebbi and the others." Jogo thought to himself.

Before, they were still worried about whether they could get a license, but now there are more than a dozen of them. If they can't get one, then they have overestimated their power too much.

Jogo took back the Mumbai Outstanding Contribution Award, during which he had a few words with Manmohan, because on such an occasion, even if he wanted to say more, he couldn't do it.

There are too many people who want to get close to Manmohan.

Because Jogo won the award, Fuli and Tapu were very happy for him. For this reason, they would usually refuse some of Jogo's excessive demands, but this time they both agreed shyly.

As a result, many modes are unlocked.

The next day, Jogo went to look for Bubpen Best, but unexpectedly met Manmohan who came to visit him.

After listening to Best's introduction, Qiao Ge did not expect that the two were still friends.

This is very good news. I have a close relationship with Best. With this level of relationship, it will be easier for me and Manmohan to get closer.

This relationship should be put to good use.

"Jogo, you should have heard about the petrochemical license, right?" Manmohan asked.

"I just heard about it last night, but I don't know if it's true or not." Jogo replied.

Qiao Ge thinks that it is almost inseparable, and most of it is deliberately revealed by the government in advance, wanting those who are qualified to compete to prepare quickly.

"Really, with your current financial resources, you can definitely participate in the competition." Manmohan stared at Qiao Ge and said.

"You really think too highly of me." Jogo said hastily, "I can't afford such a big investment."

"Even if you can't do it alone, don't you have no friends, you can join the gang together."

"To tell you the truth, this industry is too complicated, and I'm too immature to be suitable at all," Qiao Ge said.

"Look, I said this kid is very self-aware." Bu Peng laughed and said, "Jogo, not bad, you are very rational."

Manmohan smiled and didn't answer immediately.

To be honest, when he met Jogo here, the first thought in his mind was whether this kid would be close to him.

For example, give some care in the matter of petrochemical licenses.

Of course, he has understood the speed at which Jogo makes money these days, so Jogo still has the strength to participate in these competitions.

Petrochemical industry is now a state monopoly industry.

In the case of most state-owned companies making huge losses, few in this industry can make money.

If these industries are left to private individuals, everyone knows that they can make a lot of money.

It's really rare for Jogo to be able to resist this kind of temptation, especially at a young age, who knows himself very clearly.

Bu Peng and Man Mohan both know Jogo's current shortcomings. Without a solid government background, petrochemicals are really not something everyone can handle.

And the government alone is not enough, there must be overseas oil channels.

Qiao Ge has only risen for a long time, and there is no time to open up these channels at all, so even if the funding conditions are met, there are still big problems in other aspects.

"Actually, I have a doubt. How could so many permits be released at once?" Qiao Ge couldn't help asking.

Manmohan is almost the person involved, so it must be right to ask him about this kind of thing.

"Oh, it's not that the finances are tight." Manmohan sighed, "In these days, money is spent everywhere, here and there, and the fiscal deficit is increasing every year."

These words made Qiao Ge stunned for a moment: "So it's a government public auction license?"

"Your mind is quick." Manmohan said with a smile.

Qiao Ge was a little speechless. He wanted to obtain a license before, mostly to give benefits to those in charge of the issuing department, and then most of them could be won.

Now the government directly collects the money itself.

Take your money and buy it.

"In this case, a dozen or so are too many," Jogo said.

"Too few, the higher authorities are eager to sell more licenses." Manmohan said a little speechlessly.

"No, you misunderstood me." Jogo said, "Too much at once will not sell at a high price. It's better to have less. Rare things are more expensive."

Manmohan was silent for a while.

"Ah, I'm just talking nonsense." Jogo hastily added.

It's really hard for me to say these things. If someone finds out, they will be scolded to death.

"You're really not talking nonsense." Manmohan said with a smile, "When you were in New Delhi last time, did you have some reservations?"

"What?"

"Pretending to be stupid?" Manmohan smiled, "Don't worry, it's just us here, we're just communicating in private, and it won't spread outside."

Jogo didn't answer immediately, but glanced at Bu Peng.

"Come on, Manmohan is my old friend." Bu Peng said, "If you really have a good idea, you can give him some reference."

"Can you say it? Last time, you should have a lot to say about foreign exchange, fiscal deficit and other topics. I can see that you are hiding it." Manmohan laughed and said, "Speaking of which, isn't your practice contradicting yourself?"

"How?" Jogo asked.

"I've heard that your Gupta Department Store sells imported goods. How much foreign exchange is consumed? You are yelling not to consume imported goods and save foreign exchange, but you are importing and selling like crazy. Isn't that true? Contradiction, what is it?" Manmohan said, "To put it more seriously, you have double standards, you are very hypocritical, and your words and deeds are inconsistent."

"Mr. Singer, I have to explain this matter." Qiao Ge said with a serious face.

"Okay, I'm listening."

"If I don't import these goods, no one will import them?" Jogo said, "There must still be people, so this is my normal behavior. If I import, others will be a little less. In fact, the total amount has not increased."

"You kid, this is sophistry." Manmohan said, "You are the one who told everyone to reduce the consumption of imported products. Doesn't your importation encourage them to consume?"

"Most of my imports are products that are in short supply in the country," Qiaoge said. "And I have also made remedies, such as organic agriculture and high-end mineral water, which have helped the country save a lot of foreign exchange consumption."

"That's true." Bu Peng shook his head in agreement, "Many people now follow your example to engage in organic agriculture and high-end mineral water. I believe that the number of re-imports will be much smaller."

"Let's not talk about how many imports have been replaced by organic agriculture and high-end mineral water here. As far as the two markets I have driven, how many jobs can be created and how much tax can be provided to the government, the country should award me an Indian Outstanding Contribution Award." Jogo said.

Hearing this, Bu Peng and Man Mohan couldn't help laughing.

"You just won the Mumbai Outstanding Contribution Award, do you want to win another country?" Bu Peng was a little amused, "The country doesn't have this award."

"If there is no award, I can add one more, the National Outstanding Contribution Award, maybe I can respond to the above." Manmohan said seriously, "The government will not treat the citizens who have made outstanding contributions. Of course, it is not that you propose You are eligible for this award. One day there will be this award, if you want to get it, you have to keep working hard."

Jogo smiled and didn't answer. He just casually said the National Outstanding Contribution Award, but Manmohan didn't expect him to take it seriously.

As for these awards, it is of course good to get them, and the more the better.

I believe there is still some gold content, at least the gold content and benefits of the initial award must be great.

"Let's talk about what you didn't say last time in New Delhi." Manmohan said again.

Jogo pondered for a moment, and organized in his mind what he wanted to say next.

This is definitely a good opportunity to get closer to Manmohan.

Although Bu Peng will say good things about himself, whether he can get Manmohan's approval depends on whether his next words can get his approval.

So these words must have something new, something they didn't expect.

"Mr. Singer, I don't need to say more about the domestic deficit. The country must have many ways." Jogo said, "Why didn't you do it? Everyone knows what's in it, so I don't need to say more Well, because I can't come up with too many good ways."

Solving the fiscal deficit problem is nothing more than increasing income and reducing expenditure.

It is very difficult to reduce expenditure, that is to offend various interest groups.

For example, military expenditures are constantly expanding. If you propose to reduce military expenditures, will the military agree?

Reduce various benefits such as government departments, do these people have any objections?
In short, it is very difficult, so no effective measures have been introduced so far. They are all scratching movements, which do not work at all, and even have a counterproductive effect, increasing the cost.

Manmohan shook his head, which seemed to approve of Jogo's words, and signaled him to continue.

"I think the domestic financial problem is serious, but once there is a foreign exchange problem, it will be even more serious." Qiao Ge said, "The country's foreign debts continue to increase, and the repayment needs to be larger and larger every year. Now it should be approaching the limit Right? If this continues, the country may not be able to repay its foreign debts, and that would be a breach of contract~~”

"You are scaremongering." Manmohan said, "It is true that there is a shortage of foreign exchange, but it is not to the point of defaulting on foreign debts."

If the country defaults on its external debt, it is almost equivalent to bankruptcy.

"That's all under an optimistic situation. In case of any accident, foreign exchange income will suddenly decrease, while foreign exchange expenditure will suddenly increase." Jogo said again.

"Like what accident?"

This made it difficult for Jogo to say for a while. It cannot be said that there will be a Gulf War in a few years, and the price of oil will rise. As a major oil importer, the impact is too great, and the limited foreign exchange cannot support it at all.

India has many expatriate workers in the Middle East, and a large part of the foreign exchange is remitted by them.

But when the war broke out, these people lost their jobs and could only return to China, losing a large source of foreign exchange.

And the collapse of the Soviet Union.

The current foreign trade transactions between India and the Soviet Union are mainly carried out in the form of barter.

The Soviet Union provided military equipment and industrial products, while India provided various raw materials.

Since the Soviet Union was a major trading country in India and accounted for the vast majority of foreign trade, India's demand for foreign exchange is not that great, and naturally it doesn't pay much attention to it.

But after the disintegration of the Soviet Union, trade with other countries requires foreign exchange.

The domestic foreign exchange reserves are very small, not enough.

If only a little bit is okay, almost all of them are crowded together, so the crisis arises.

"Natural and man-made disasters, war and so on, these are all possible." Qiao Ge thought for a while.

"You are too general." Manmohan said, "If you rely on these, it is not enough to support your conjecture."

"Then let's talk about war." Qiao Ge pondered for a while, "The outbreak of war will definitely have an impact on oil prices, and most of the domestic oil is imported."

"You mean the Iran-Iraq War? They have been fighting for so many years, and the market has gotten used to it. Oil prices will not go up or down."

"What if other countries in the Middle East are also involved?" Jogo asked.

These words made Manmohan stunned for a moment: "Isn't it?"

"Who knows?" Jogo said with a smile, "For example, Iraq, after fighting for so many years, has owed more than 800 billion US dollars in foreign debts. If it were me, I would choose to renege on the debt, because I can't afford it anyway."

There are more than 300 billion owed to Arab countries, of which Kuwait is one of the creditors.

So Iraq later prepared to solve Kuwait, the creditor, and annexed it. Of course, the money would not have to be repaid.

Of course, this is just one point. The main reason is that Kuwait has a superior strategic location and its huge wealth.

It is a pity that the foreign debt owed by India is too powerful, the West and the beautiful country, he can't repay the debt at all, and he can't solve the creditor like Iraq later.

"Repudiation? Haha, do you think that countries are playing tricks?" Manmohan laughed out loud.

But the laughter soon stopped, and his face became a little dignified.

~~~~~~
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(End of this chapter)