A villa on the outskirts of Boston.

Here, located on the Charles River, it is surrounded by greenery and the river water is clear.

Not far from the city of Cambridge and Harvard University, it is the most expensive villa area in Boston, Massachusetts.

Today, it is organized by a professor at the Department of Economics, Lawrence Summers.

Many economics students who have already graduated have come.

Some are continuing to study for PhDs, and some are business-executives.

Some entered the White House, and some approached the state capital.

In this era, the value of education has not depreciated, and the worst person may be a white-collar worker in a Fortune 500 company.

Having a party is a very popular way to get together in the United States.

Unlike those queues in the entertainment industry, these high-achieving parties have no music, no bikinis, and not so many bells and whistles.

party, also did not wear a suit and tie like politicians, and high-end evening dresses.

Everyone is wearing casual clothes, how comfortable and how to come.

Everyone was in groups, holding wine glasses in their hands, laughing and talking.

Men are talking about the market and business opportunities, women are talking about gossip, complaining about the company and complaining about their bosses.

At around 9:30 in the evening, Lawrence Summers and Shen Hao came to the villa together.

When everyone saw that Shen Hao was really coming, their eyes lit up.

Before attending the party, many people heard that Shen Hao, the richest man in the world, was coming.

At first, they were very happy, in the world of capital, the power of money, of course, everyone here is very clear.

But then, I felt that it was impossible.

The richest man in the world, so busy, how can he have time to come here.

Although they are all senior elite talents in the United States.

But the elite is only a part-time worker, and in front of the boss, they have to bend their backs.

Who wouldn't want to climb up?

The opportunity is just a little bit, when will it be your turn.

Today, however, is a great opportunity.

can be favored by Shen Hao, it is soaring.

People who were reluctant to attend the party before on the grounds of work also flew to Boston when they heard that Shen Hao was really coming.

The atmosphere of the villa just now is harmonious, calm and calm.

But the moment Shen Hao appeared, it changed, and everyone seemed to be fans who had seen idols and lost their minds.

Of course, it's not just because of Shen Hao.

Lawrence Summers's influence in the hearts of the public is also very large.

Lawrence Summers was born in New Haven, Connecticut, the second largest city, to Jewish families, to parents who were economists and professors at the University of Pennsylvania, and his uncle Paul Samuelson[4] and his uncle Kenneth Joseph Arrow were both Nobel laureates in economics.

In the academic field of economics, Lawrence Summers is definitely a family giant.

At the age of 16, he entered the Massachusetts Institute of Technology to study physics, then switched to economics, graduating in 1975 with a bachelor's degree. During his studies, he was an active debating team member at the Massachusetts Institute of Technology. He has since become a graduate student at Harvard University.

He graduated with a Ph.D. in 1982. He then taught at MIT and Harvard, where he became the youngest professor in Harvard history in 1983, at the age of 28.

Summers began his career in public affairs in 1982, becoming a member of the White House Council of Economic Advisers.

Many of them have a very simple idea in their hearts, they have nothing to do with Shen Hao, and it is not bad to promote their relationship with Lawrence Summers.

Lawrence Summers smiled when he saw the reaction of the crowd.

"Professor Lawrence, Mr. Shen"

"Mr. Lawrence, Mr. Shen"

Everyone stepped forward to say hello.

Lawrence Summers waved his hand to silence the crowd.

Everyone surrounded Shen Hao and Lawrence Summers, all waiting.

Lawrence Summers smiled: "I don't need to introduce the person next to me, everyone knows each other."

"Knowing"

"Haha, speaking of which, I'm so lucky to be Shen Hao's professor.

It makes the professors of the entire economics department have a sore toothache.

Those classmates of mine are also sour," Lawrence Summers said, also very proud.

Since he knew that his student was Shen Hao.

Even his uncle Paul Samuelson [4] uncle Kenneth Joseph Arrow is two Nobel laureates in economics.

They all called to celebrate. (If you read a violent novel, go to Feilu Novel Network!)

Nobel laureates, they sound lofty, but they are like that in front of capital.

Especially in the United States, even if you are a Nobel Prize winner and offend the powerful, the school will expel you, and you will not show mercy.

Unless, you have to pay an important Nobel Prize in physics or chemistry.

The economic Nobel Prize is actually not very big.

can accept Shen Hao as a student, this is the real connection. []

If Lao Mei is not sophisticated, it is really a fool.

Lao Mei's human feelings are more realistic, and there are not so many flowery intestines.

Lawrence Summers had a smile on his face, and said with a straight face: "Today, there is no big thing, the main thing is that everyone gathers, and recently the State Economic Council has put forward some new proposals, and I, as a member of the president's economic advisory committee, have also participated in some important meetings and know some."

So I want everyone to follow along and brainstorm ideas."

Hearing this, everyone's hearts moved, this must be some suggestion at the top.

"Professor Lawrence, what the hell is the meeting?"

Lawrence Summers laughs: "

From 79 to 84, our dollar exchange rate rose by 60%, which hit the country's exports, especially the manufacturing industry, hard.

And the R devil has become the source of most of our trade deficit.

As for the fiscal deficit, since President Li and Li implemented a budget policy of widening the deficit in the second half of 1982, the deficit expenditure in the five years of his administration has totaled more than $810 billion, far exceeding the total fiscal deficit between the establishment of the federal debt statistics system in 1789 and 1980.

During this period, R Ben held US dollar bonds and became the largest creditor of the United States.

At present, the economic strength of R is 60%~70% of that of our country.

Now the outside world has begun to generally believe that the Japanese devil has surpassed our country and become the world's largest economic power, which is a matter of minutes.

According to statistics.

At present, the GDP of the Japanese ghost is equivalent to the sum of the world's third, fourth, and fifth economic powers (Germany, F, and Eagle). Now R's unimaginable prosperity, the life of drunken gold fans, once made them extravagant.

And our trade gap is getting bigger and bigger. "

Hearing this, Shen Hao's heart moved.

According to this phrase, history comes to mind.

Is this Lao Mei ready to take Xiao R's knife?

Ready to start planning for the Plaza Accord?

Since the oil crisis, the little devil's car is fuel-efficient and cheap, and it has gradually occupied the market for rice crackers.

Moreover, the little devil's home appliances and quartz watches also quickly occupied the world.

The United States is the first to bear the burden, the trade gap is getting bigger and bigger, and the deficit of the United States is increasing.

Of course, the country is unhappy, the younger brother in the past, dare to ride on the head of the eldest brother, isn't this looking for death.

The so-called trade deficit: refers to the fact that the total value of a country's import trade is greater than the total value of exports in a certain period of time (such as one year, half a year, one quarter, and one month), commonly known as "over-entry", that is, "trade deficit", or "trade deficit";

To put it bluntly, the country buys too many things imported every year, and it can't sell its own things.

In other words, the store owner spent 100 yuan on the purchase, but only sold 40 yuan, and every year, the loss was 60 yuan a year, and this deficit was increasing all the time.

It shows that the foreign exchange reserves of the United States have decreased, the international competitiveness of the United States commodities is weak, and the United States is in a disadvantageous position in foreign trade.

As a result, a large deficit will lead to an outflow of domestic resources and an increase in external debt, which will also affect the normal operation of the national economy.

The top level of the United States has begun to have a sense of crisis.

Plans have already begun to be made on how to change the trade balance, but there is no concrete plan yet.

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