Starting from 1894, the United States, which started with the Industrial Revolution, has become the world's largest economy and is unrivaled at the time.

In 1783, the entire Eagle Sauce had a population of only three million, but by 1860, the population had increased to 32 million.

Throughout the 19th century, the Americans were doing two things: immigration and large-scale construction!

In the mid-nineteenth century, the United States produced a number of outstanding scientists such as Thomas Edison and Nikola Tesla, as well as famous entrepreneurs such as John Rockefeller, JP Morgan, and Andrew Carnegie.

A large proportion of these people are immigrants.

It was also from the mid-nineteenth century that the American industry began to develop rapidly.

In the early 20th century, the United States was at the forefront of the world in terms of industrial manufactured products or raw materials such as steel, automobiles, and oil, far surpassing traditional powers such as Europe.

It can be said that at that time, the total domestic trade volume of the United States even exceeded the total foreign trade of all countries in the world.

Before World War I, America had already become a veritable superpower and had successfully completed industrialization.

Then, after the war profits from the two world wars, the national capital of the United States was further consolidated, and its health bar was particularly thick.

At the beginning of the 20th century, the population of North America had exceeded 100 million, and the national income of 13.7 billion US dollars was more than 13 times that of Great Britain. The per capita income of 377 US dollars was also much higher than the 244 US dollars of Great Britain.

This is the powerful Eagle Sauce.

After World War II, economic envoys from 44 countries or governments around the world came to Bretton Woods, New Hampshire to hold the United Nations Monetary and Financial Conference.

This conference determined that the US dollar would be used as the settlement currency for international transactions, and gold was pegged to the US dollar, thus establishing the US dollar's hegemonic position in the world economic landscape.

But after entering the 1960s, the United States had to deindustrialize.

"Then why?"

Chen Guohua took a sip of the 1961 Maotai wine, smiled and raised two fingers:
"In fact, the reason is very simple, just two words: interests!"

Song Xuyan, Wang Dingzuo and others nodded curiously, thinking that what Chen Guohua said made sense. After all, this is a capitalist country.

Marx once mentioned in Capital that for the sake of profit, capital can even put a price on the rope that hangs itself.

The reason why the Eagle Sauce is willing to uproot its own roots and industrialize is, after all, all for profit.

First of all, given that North America is a very developed country, the costs of land, labor, etc. are naturally high.

Traditional manufacturing and industrial industries themselves have low profits, and affected by this aspect, profits are further reduced.

At the same time, other developing countries do not have such worries. Land and labor are cheap, and there are various preferential policies for traditional manufacturing and industry.

This basic industry, which requires a lot of labor, does not require a high level of technology.

With all the advantages combined, it is naturally more cost-effective to build manufacturing factories abroad or purchase directly from abroad.

Secondly, when the country becomes developed and the people become wealthy, their needs for life will naturally change.

The existence of manufacturing factories is accompanied by a large amount of pollution, especially those factories that were once near residential areas, making the surrounding people miserable.

Even if the factories are relocated to the suburbs, it is only a temporary solution and the pollution will still exist in the country.

If factories are built abroad and the problems are thrown out there, environmental pollution will naturally become a problem that other countries need to worry about.

Although from the perspective of the world as a whole it is still only a temporary solution and not a fundamental solution, at least for those developed countries it can help them turn a blind eye to the problem.

"When the proportion of manufacturing, basic industries and other industries decreases, industrial restructuring is inevitable. So what exactly does Washington want to develop?"

Chen Guohua raised another question, but he asked and answered it himself and gave the answer quickly:
"This is certainly a high-tech industry with high profits."

However, the Eagles in this time and space encountered unprecedented challenges.

Take the emerging industry of electronic technology products as an example. Apple, the company that the United States can boast of, is actually from the East. Of course, Washington doesn't know this.

But they also know something, that is, Apple's upstream manufacturers are actually from Europe, Tokyo and the mainland.

Yes, the words “made in China” also appeared on the labels of many products after 1978.

Of course, even so, the manufacturing strength of the United States is not bad.

They are in a leading position in many manufacturing fields, including aircraft, high-end cameras, machine tools, etc.

Even some international brands, such as Adidas' rival Nike, have invested in many factories all over the world.

Then factories from all over the world work hard to produce high-quality products, but only earn one or two dollars, but Nike in North America can make a hundred dollars just by putting a label on it.

This is a huge gap, this is a high-tech industry.

"Many middle-class families have been born in the United States since the 1960s. For example, the children born between 1946 and 1964 are actually the baby boomers, and they are also the most glorious generation in the United States."

"Old Song and Old Wang, you may still remember that in 1969, when the baby boom generation gradually entered the age of 25 and above, the housing demand in the entire North American region increased sharply, triggering the first real estate boom in the United States after World War II."

"Throughout the 1960s and 1970s, the emergence of the baby boom made the toys, cartoons, pop music and other products we produced at that time sell very well. I still remember our Hua Hin radios, "Ping Pong" arcade game machines, "Pac-Man" game cartridges, etc. The reason why these products were so popular back then was because of the baby boom."

"Maybe you, Old Song, have forgotten the man named Tang Dake. He was born in 1946. In the early 1960s, that is, in the years 1962 and 1963, I still remember that he often went to Hong Kong Island and met Liu Guanzhong..."

When Song Xuyan heard it, he immediately remembered it.

Because he only officially took over China Resources and became the general manager of China Resources in June 1966.

He had met the young man Tang Dake a few years ago. At that time, he was extremely obsessed with the game consoles launched by Chen Guohua. It was also because of these products that the young man Tang Dake made a lot of money.

Recalling the past, Song Xuyan was filled with emotion. Twenty-five years had passed since 1966, and he was already sixty-four years old this year. Time passed by so quickly.

Seeing that Song Xuyan had already recalled it, Chen Guohua smiled even more:

"There are more than 70 million people in this generation of Americans. When they were young, they promoted the development of industries such as toys and games. After entering the active marriage period, the baby boom led to the prosperity and development of the real estate and automobile industries, and also promoted the growth of personal computers and the Internet."

“Arguably, their generation created the greatest stock market gains, housing demand, international aviation, personal computers, computer networks, and sports and leisure gadgets in history.”

"In the future, this generation will occupy leadership positions in government, schools, communities, businesses and other fields, becoming the backbone of society."

"It's still Comrade Tang Dake. Isn't he back in business? With more than 2 billion US dollars in his hands, he wants to re-enter the business world. He tried to take over Apple but failed. Now he wants to run for class president. This year is an election year."

"There is also Herbert Walker, who is sitting in the White House office now. He has several sons. One of them is George Walker. He was born in the same year as Comrade Tang Dake, and this one is not a simple person either."

In 1988, George Walker ran several companies, many of which were actually his father Herbert Walker's money bag, or his life savings.

It is called coffin money, but there is actually quite a bit of money in it.

This is a huge sum of money that Herbert Walker will take out as a guarantee for his Walker family in the future, so both Herbert Walker and his son George Walker attach great importance to and have high expectations for these companies.

Moreover, George Walker had helped his father Herbert Walker in the election in 1988, and was responsible for and coordinated the election strategy to attract the support of a large number of conservative Christians and evangelical voters.

There are also Jefferson Clinton, Wes Unseld, Rick Adelman, Bob Beamon, etc., who are all American celebrities born in this year.

Therefore, from this point of view, the baby boomers in the United States are indeed full of talented people.

"The baby boomers are just a microcosm of the Eagle Sauce era, which is also the era of the rise of the middle class."

Chen Guohua brought the topic back and continued:
"After the rise of the middle class, they will certainly pay more for their children's education. In other words, when people like George Walker and Tang Dake grow up, will they continue to work in factories like their grandfathers?"

Without waiting for Wang Dingzuo and others to answer, Zhao Mancang shook his head:
"Of course they won't. Just like the landlords in our country in the past, they made their fortunes by farming. Now that they have money, they certainly won't let their children continue to work hard in the fields under the scorching sun. And even they themselves would not do such a stupid thing."

"When these people become rich, they usually choose to buy shops or other high-profit financial investments. As for their own land, they will naturally hire people to cultivate it."

"If ordinary people like us would make such a choice, then the capital-driven Eagle Sauce would be even more so, because capital is profit-seeking."

"This is the third reason why the Eagle Sauce wants to industrialize. It is forced."

As the number of middle-class Americans increases and labor costs go up, capitalists will certainly not be willing to continue employing these workers.

It's impossible that factories that produce low-cost and cheap products have to spend high prices to hire workers to work there, right?

If capital is profit-seeking, then these actions would not be possible.

Chen Guohua concluded with a smile:

"So the essence of their deindustrialization is actually three points. First, they are rich, because their GDP has been ranked first in the world for more than 100 years, and their per capita GDP is ranked fifth in the world."

"Second, they don't want to do the dirty work, so they just hire others to do it, which means they transfer those low-end labor-intensive industries overseas and make the whole world their factory."

"Third, the hegemonic status of the US dollar means that they have the final say on wages. Under such circumstances, deindustrialization is undoubtedly the best option for capital to achieve higher profits."

At this point, Song Xuyan, Wang Dingzuo and others have a thorough understanding of why the Eagle Sauce is de-industrializing.

This is part of the economic war and will become the norm in future wars of national interests.

"Old Chen, will this happen in our country in the future?"

Song Xuyan and the others asked worriedly, "We all know that industrial manufacturing is the foundation of a country. Will we also do something like Eagle Sauce, which cuts off our own foundation? If there is such a forced situation at that time, what should we do?"

"Let me first state the conclusion. This is certain and will definitely happen."

After hearing what Chen Guohua said, Song Xuyan and the others felt unwell, frowning and obviously very conflicted.

The current situation is very clear. For them, deindustrialization, which is a self-destructive thing, is definitely not something they can do.

The current prosperous situation in the country can be attributed to the industrial foundation.

If the country also faces the choice of deindustrialization in the future, it will be a really difficult task.

Seeing their frowns, Chen Guohua burst into laughter and said:

"Don't worry, our country will only get better and better in the future, not worse and worse."

"Let's not talk about other things. It will take at least 30 to 40 years for our country to face the choice of deindustrialization, and others will not pay attention to us."

"What about now? Moscow, this huge empire, is about to enter a new era. Who do you think Washington, across the Pacific Ocean, will choose as their new opponent?"

This idiot is like a louse on a bald donkey's head, no need to ask.

In the early years, foreign media such as the Washington Post and the Times had already described Moscow, Beijing and Washington as a three-kingdom situation in their newspapers.

However, after Moscow falls, the two powers, Beijing and Washington, will inevitably compete with each other.

Therefore, by then the country may not necessarily have a relatively stable situation to develop the economy.

"What are you afraid of?"

Wang Dingzuo glared and said, "We were not afraid of them on the battlefield on the peninsula before, let alone now?"

"Lao Wang, from now on, we won't play this kind of game with hail of bullets, but a high-end game on a battlefield without the smoke of gunpowder."

Song Xuyan refuted with a laugh, then looked at Chen Guohua: "But how do we deal with Washington?" (End of this chapter)

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