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Chapter 798 Post-Special Needs Crisis

Chapter 798 Post-Special Needs Crisis (First update, please subscribe)
Early morning, just like every other day.

Zhao Changqing was once again dressed neatly, wearing a neat shirt, trousers, leather shoes, and even a thin suit.

This outfit is very common in Financial Street.

Even though it is summer all year round in Nanyang, everyone working in Financial Street is dressed like this. After all, the air conditioning in the company is still very cold.

However, because he has not yet bought a car, Zhao Changqing always puts his suit on his hands on the way to the company. After all, the weather outside is still very hot.

Carrying a briefcase in one hand and a suit in the other, Zhao Changqing hurried to the bus stop. Just as he was about to take a breath, someone shouted from the newsstand not far away.

"Outside the number, out of the way, the leader of Soviet Russia, the steely father, passed away, and the world changed dramatically..."

Zhao Changqing was stunned by the sudden news, and then said anxiously.

"Ruined!"

After that, he ran to the newsstand and bought a newspaper. After reading the news in the newspaper, he quickly reached out to the roadside.

"Taxi!"

As soon as he entered the elevator, Zhao Changqing saw his colleague Sun Chengzhi, who also looked like his dead father.

These financial practitioners all know what will happen next.

Ten minutes later, as soon as people entered the company building, Zhao Changqing saw that other people were also in a hurry, and many of them looked like they were mourning for their heirs.

After stepping out of the elevator, the other colleagues all looked like dead dads. What's more, some of them cried, with tears in their eyes. One of the colleagues said as soon as he saw Zhao Changqing.

"Changqing, have you read the newspaper?"

The taxi came, Zhao Changqing jumped into the car desperately and said.

"Quick Financial Street, Chase Securities!"

The same is generally true for everyone else. This scene seems so weird - in Nanyang, in this capitalist country, among a group of financial speculators, they are all sad because of the departure of their loving father of steel...!
Not just sad, they even reached the point of being devastated!

"Do you still need to look? You can tell just by looking at your face."

As the taxi drove forward, Zhao Changqing looked at the news carefully. On the front page of the newspaper, there were the words "Russian Steel's loving father passed away due to illness." Although there were not many words in the news, this news made Zhao Changqing His face was extremely serious.

In the past three years, although Nanyang, as an ally of the United States, has not sent troops to the peninsula, and in the end only sent a hospital ship, because Nanyang is the only industrialized country in Asia, it has still become the main source of logistics procurement for the US military. The destination has received a large number of material production orders from the US military and the United Nations Refugee Agency and other agencies. These orders range from food to clothing, from shoes to tires. In short, the all-encompassing "special needs" of the war have allowed Nanyang's industry to obtain more than 3 billion. US dollar orders contribute an average of 7% of Nanyang's GDP every year, and sometimes even reach %.

"Evergreen, I'm done, I'm done, my stocks..."

Stocks, they are not sad for the death of steel, but for stocks, for the stock market.

"How could this be? Just like this, just like this..."

Such a huge order inevitably made Nanyang's economy closely linked to the Peninsular War, and the war situation on the Peninsula even became a barometer of Nanyang's economy.

Now, the news of the death of Steel's loving father has spread to Nanyang. Everyone knows what will happen next. The Peninsula War may end at any time!
This prediction was directly reflected in the Nanyang stock market - as soon as the stock opened that day, there was a "steel father plummet", and stocks centered on military stocks fell by 10%!

This drop directly created the largest drop in the history of the Nanyang stock market, and the market was full of mourning.

At the same time, Zuo Xiaohan, director-general of the Ministry of International Trade and Industry, came to the official residence and delivered a report. “Post-special needs crisis response strategy?”

After receiving the report, Li Yian was stunned for a moment, and then continued to read the report.

The content of the report is very simple, pointing directly to the impact of the end of the Peninsular War on the Southeast Asian economy.

"... After the Peninsula War, the US military stopped its "special needs" orders to Nanyang, and some related enterprises in Nanyang were immediately in trouble. In order to avoid the disappearance of special orders and serious damage to Nanyang's industries, it is necessary for us to implement new industrial adjustment policies ,"

Looking at the report, Li Yian motioned for him to continue.

"The new industrial adjustment policy, in addition to guiding the product structure adjustment of special-needs factories and supporting their conversion, the core point is to stimulate internal consumption in Nanyang and expand the domestic demand market!"

"Expanding domestic demand?"

"Yes, Your Excellency, for now, Nanyang's domestic demand market still has great potential. In fact, Nanyang's domestic demand market has always been in a situation of imbalance between supply and demand. In order to suppress domestic demand, we have to implement a rationing system. to expand exports.”

In fact, this is the other side of Nanyang - supplies seem to be abundant, but in fact, the rationing system in Nanyang has been implemented until now. There are many reasons for implementing the rationing system, such as food rationing. On the surface, it is to ensure food supply and avoid Inflation, but really about control, is about ensuring control over everyone through control over food. This is based on the experience of World War II.

As for the rationing of clothing and other goods, to put it bluntly, it is to reduce domestic consumption to ensure exports. After all, Nanyang's production capacity is limited. Compared with the domestic market, the official is more inclined to take advantage of post-war market demand and give priority to exports abroad. .

So until now, Nanyang still implements a rationing system. Of course, this rationing system is also constantly being adjusted. For example, in June 50, Nanyang abolished food rationing. Starting from last year, the rationing of clothing, shoes and other materials has been directly increased by %. This increase is directly related to the development of industrial production in Nanyang.

"In the past, we implemented material rationing because of insufficient supply of materials. But now, Nanyang's industry has been fully developed, and the special needs economy may stop at any time. It is time to suspend the rationing system. In this way, Nanyang's domestic demand It will be stimulated, and..."

Zuo Xiaohan said.

"This is also what the people want!"

It is indeed the people's desire. After all, with the increase in residents' income, continuing to implement the rationing system is not only inappropriate, but also inconsistent with the people's wishes.

In the past year, there have been calls from both the private sector and the government to abolish the word rationing. And officials have been discussing it.

Putting down the report in his hand, Li Yian thought for a while and said.

"I think it's okay. In this way, the Ministry of International Trade and Industry will negotiate with the relevant departments. The rationing of manufacturing is indeed somewhat inappropriate!"

In any case, the rationing system will eventually end, but no one thought that the end of the Nanyang rationing system would be caused by the death of steel.

Just half a month later, after consultation and discussion among multiple departments, a report requesting the suspension of the rationing system was sent to the official residence, and then Li Nian signed the order in the name of a presidential decree.

Nanyang finally abolished the eight-year-old material rationing system. For Nanyang, this does not seem to be too late.

After all, European countries had not completely abolished the rationing system at this time. For example, although the United Kingdom abolished bread rationing as early as 1954 and began to abolish other food rationing at the end of , it did not completely abolish the rationing system until .

As for France, it was not until 1949 that food rationing was completely abolished. This is generally the case in other Western European countries.

After the official order was issued to cancel the rationing system, Nanyang's stock market responded directly. The stock market rose sharply. Obviously everyone knew that this order had a promoting effect on the market.

The consumption boom that had been suppressed by the rationing system in the past few years exploded. This also made Nanyang's domestic consumption a new growth point for the national economy and further stimulated Nanyang's industrial production.

(End of this chapter)

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