Back in 1978, I was admitted to Northwestern Polytechnical University.
Chapter 158 No money? I'll help you find it!
Chapter 158 No money? I'll help you find it!
The Crying Kingdom of later generations has completely fallen into decline, and many people are unaware of just how powerful it once was!
At the beginning of the 20th century, the economy of the Crying Country developed rapidly, quickly becoming the world's seventh largest economy. Its per capita GDP was even higher than that of the United States, and its capital city was known as the "Little Paris of South America."
After World War II, they took in a large number of Europeans, and their economy developed rapidly. In the 1950s and 60s, the most desirable paradise for Europeans was the Weeping Country. Many Europeans regarded the Weeping Country as the ideal place to immigrate! With a developed economy and comprehensive welfare, who wouldn't like it?
The sheep are fat, so it's time to slaughter them!
So, in the 1970s, the economy of the Crying Country began to decline. Wall Street capitalists made a fortune, and the situation in the Crying Country took a sharp turn for the worse. Then the military government came to power. Unfortunately, they didn't understand economics either. So, in order to divert the attention of the people at home, this guy decided to do something big: take over the Falklands!
In 1976, the country's foreign debt was $250 billion. By 1980, it had increased to $750 billion. The country's high welfare system could not be stopped, and loss-making factories needed subsidies. What to do when there was no money? They had to borrow!
Now that it's time to buy equipment, they're suddenly complaining about being broke? Are these guys trying to buy on credit?
Qin Liang sighed: "Alas, I am well aware of your situation. Juan Perón bears half the responsibility for how things have turned out this way, and the other half is the oppression of Western capitalism."
After World War II, this guy came to power and created a brand new Third Position, which was quite unconventional, like a Gallic chicken. In order to gain the support of the lower classes, he significantly increased workers' wages and distributed large sums of welfare.
During his reign, the gap between rich and poor in the Weeping Kingdom was the smallest, and the people's sense of happiness was the highest. But where did the money come from?
If the wealth brought by European immigrants is spent, then confiscate foreign-invested enterprises in the country and impose heavy taxes on domestic capitalists... As a country that mainly exports products to developed countries, cracking down on investment from developed countries is suicidal.
As a result, exports plummeted, and their domestic income also decreased rapidly. Towards the end of his rule, this man lost control of the situation and was overthrown!
However, the high welfare system cannot be abolished, so this hole cannot be filled. Coupled with the oil crisis of the 1970s, Wall Street capitalists reaped huge profits, and the economy of the crying country was on the verge of complete collapse.
Qin Liang felt sympathy for them, but... that was all.
"Yes, it's because you understand..."
So what? You want to get it for free? Of course not!
"Therefore, finding a way to develop your country's economy is the top priority!" Qin Liang said. "For a long time, your country has relied on exporting agricultural products to earn foreign exchange, which is very unstable. Look at the world, aren't the richest people all wearing a cloth over their heads?"
"You mean oil extraction? We don't do that!"
“You may not have oil, but you have oil shale! Your Uquén province has the 770 million-acre Wacamuelta Shale. If you develop it, you can become one of the world’s top ten oil exporters. Why would you be afraid of not having money?”
In later generations, this region was found to have exploitable shale oil reserves of up to 160 billion barrels, making it the world's fourth largest shale oil resource area, and also has 308 trillion cubic feet of shale gas resources—it's practically a treasure trove!
"Yes, we do have a lot of oil shale, but... we don't have the technology to extract it..."
Although the United States later had a shale oil revolution, shale oil extraction actually existed long before. During World War II, Europe was quite dependent on it, but the extraction cost was high, so it was gradually abandoned.
During the Cold War, the main producers of shale oil globally were the Soviet Union and the East!
Indeed, this oil-poor country in the East once exploited oil shale extensively for energy, especially in the 1950s, when shale oil accounted for 21 percent of the country's total oil production!
The Maoming shale oil plant didn't stop production until 1993! "We have it in the East!" Qin Liang said, "You can come to the East to investigate and introduce shale oil refining technology from us to carry out an energy revolution! You've all seen how terrible the oil price has been in recent years."
Castelli's eyes lit up: "Great, after we finish visiting the airshow, we'll go to the East to investigate your shale oil technology. If it's suitable, we'll mine a lot of shale oil and then use the money from exporting oil to buy these planes."
Qin Liang shook his head: "No, that won't do. The establishment of the entire industrial system takes at least five years. We can't wait that long. Everyone, the plan I just proposed is to help you. I consider you all good friends. Is this how you treat your friends?"
Using income from five years from now to pay off debts is just empty promises. Will you still be around in five years?
"If you were buying products from other countries, like Dassault aircraft, the French wouldn't be saying these things to you!"
“That’s right, you’re a very good friend. We can’t let our friends down. We’ll raise the funds for the plane ourselves…”
"Well, half of the payment must be made in US dollars. As for the remaining balance, if you are unable to raise the funds, you can use beef to pay off the debt."
The country of Crying, packaged as a national farm, is famous for its beef, but unfortunately, the booming development of agriculture and livestock in Europe in recent years has led to a surplus of their beef.
Castelli took a deep breath: "Okay!"
The export contract for four Y-10 aircraft is done! But... our country can't absorb 50 million US dollars worth of beef! Manager Liu looked on with some concern.
"Well, let's talk about fighter jets then. The Q-5 has excellent performance, and your side can purchase a batch as low-end aircraft. Our Super-7, on the other hand, can serve as high-end combat capability. After all, the Super-7 has advanced airborne radar and can also carry advanced anti-ship missiles..."
The Y-10 is just a side project; the Super-7 is the main force. After all, it can steal the spotlight in the air-sea battle a few years from now! The combination of Exocet and Super Etendard can take a backseat! Let our Eastern manufacturing be renowned worldwide!
This time, it was Tu Lao's turn to be surprised.
What? Anti-ship missiles? Our Super-7 doesn't have that capability! The air-to-air missile project has only just begun, why are they adding anti-ship missiles now?
However, it's clear that the other party is very interested!
"The Super Etendard fighter jet can only carry one missile at a time, and it also needs to carry an external fuel tank on the other side for ballast. Our Super-7 fighter jet can carry two missiles, doubling its attack power..."
After some persuasion, the crying country placed another order: twenty Q-5 fighters and ten Super-7 fighters, with a contract value of over 100 million US dollars!
We're rich! We're rich! Everyone felt like they were seeing stars.
(End of this chapter)
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