Reborn 80s

As the dazzling fireworks bloom in the night sky, the Year of the Pig has officially arrived.

When people enjoy the holidays, the most important thing is to reunite with their loved ones and enjoy the whole family.

Good times are always short, and so is the Spring Festival.

After the Lantern Festival, the annual Economic Annual Conference officially begins. The Economic Annual Conference is now getting bigger and bigger in terms of scale, and its influence is slowly breaking through national boundaries.

Yes, slowly breaking through national borders.

If you want to have a major influence in the world, at this time, you are putting money on your face.

In 2000, China's GDP accounted for only 3.54% of the global economy; by 2006, its proportion had increased to 5.08%.

Just looking at this data, you can understand that the gap between China at this time and China ten years later is not generally large.

Let's put it this way, China's development can be described as rapid, but the point of qualitative change has not yet arrived.

When the ratio exceeds ten, others will bow their heads and listen to you even if you don't deliberately speak loudly.

If you want others to listen to your voice, you must speak based on your strength.

When you are weak, no one cares and no one listens.

The annual economic meeting will also select the top ten economic figures of the year, and this selection has been going on for several years.

The selection rules are also relatively simple. It depends on whose performance last year had a prominent impact on the development of the entire economy.

Of course, this impact must be positive.

The winner will also have a special speech.

To be named one of the top ten economic figures of the year, his ability is naturally not bad.

Therefore, everyone is looking forward to his speech.

Anyway, during the speech, the seats below were full.

Chen Huaiqing gave a speech at this year’s annual economic conference.

In his speech, Chen Huaiqing publicly stated that a subprime mortgage crisis is breaking out across the Pacific and may drag down the global economy.

We also remind domestic enterprises to be prepared for a rainy day, and not to wait until the crisis comes and then improvise. Nothing can be relied on at this time, only having money in hand will do.

There is no need to say something too straightforward, everyone is smart.

Every ten years there will be a major economic crisis, which has been proven repeatedly over the past century or so.

It has been ten years since the Asian economic crisis in 1997.

Although Chen Huaiqing did not say it too directly in his speech, the implicit meaning behind his words was that the current loan crisis will be quite serious.

You don’t have to listen to anyone’s words, but even if you don’t listen to Chen Huaiqing’s words, you still have to take them seriously.

During the private discussion, someone asked: "Director Qing, is this really going to cause a new economic crisis?"

People who are familiar with Chen Huaiqing usually call him Qingdong, which makes him appear close to him.

Chen Huaiqing is known as the Godfather of Enterprises in China.

In the 1980s, Chen Huaiqing was teaching, or rather discussing with everyone, how to run a business well.

With the success of Chen Huaiqing, Meta Holdings and Meta investment are getting bigger and bigger, and Chen Huaiqing's status is getting higher and higher.

Some people wanted to put Chen Huaiqing on the shrine to worship him.

Domestic entrepreneurs, to a greater or lesser extent, have all learned from Chen Huaiqing.

Chen Huaiqing has also been emphasizing that it is okay to study and refer to it, but do not copy it.

Everything must be set up according to the actual situation and actual needs of the company.

If it's not suitable, then you have to find a way to adjust it.

Chen Huaiqing held a wine glass: "It's hard to say what the current situation will be. It depends on the subsequent development. However, it is definitely a good thing to have some extra cash on hand for preparation."

Chen Huaiqing didn't say much about how good it is to have cash on hand. They are all people who are in the market, and they all know the importance of cash to enterprises.

Some companies have tightened their capital chain too tightly. Normally, there is nothing wrong with it, but when a wave hits, the ship capsizes immediately.

Strictly speaking, these enterprises have potential for development. If assessed, they would be among the high-quality enterprises.

After the capital chain is broken, no matter how high-quality a company is, it will become meat on the chopping board and be eaten by others.

If we cannot find an injection of external funds in a short period of time, we will face only one outcome, which is bankruptcy.

Even if external capital injection is found, the price will be severely reduced.

Originally worth 100, it will be reduced to 80, or even 50, or even lower.

Among the crowd, some people had different expressions.

Keep cash on hand...

As long as you have money in your hands, you can calmly respond to changes in the market environment.

Whether you insist on waiting for the market to warm up again, or whether you want to transform your company, you will need money.

But now, many companies want to spend every penny as ten cents.

How to do it?

Of course you get a loan from a bank.

10 million yuan of goods are pledged, and a loan of 6 million yuan is obtained. Then, the 6 million yuan is used to buy goods, and the loan is continued to be 3.6 million yuan, and then...

Originally, I only had 10 million in goods. After some operations, I now have more than 20 million in goods.

Why is the company's capital chain so tight?

In order for the company to develop rapidly, every penny must be used for expansion.

Everyone has an urgent mentality, and they must take advantage of the good market to make a huge sum of money quickly, preferably one that can last a lifetime.

This urgent mentality also creates radical decision-making.

Chen Huaiqing took a sip of red wine. How many of these well-dressed and successful people in front of him will be knocked down from the world in the future?

Over the past 20 years, Chen Huaiqing has met many amazing people, and they have taken advantage of the wind and skyrocketed to 90,000 miles!

However, the higher you fly, the more painful it will be if you fall.

Some even directly sacrificed their lives.

It doesn’t mean that there are no rich and bankrupt people who have jumped off buildings.

Of course, someone who goes bankrupt and jumps off a building is a bit too tough.

People nowadays are smarter. They have prepared a sum of money long ago. If they are really bankrupt, they will not be in such a state that they cannot afford to eat.

Chen Huaiqing openly talked about the subprime mortgage problem on the other side of the Pacific Ocean, which was directly lifting the lid.

Chen Huaiqing's low profile does not mean that his global influence has disappeared.

He is the richest man in the world.

Just this title alone has given him a lot of fame around the world.

In fact, more and more people are aware of the problem at this time, but no one takes the initiative to uncover it.

The reason is very simple. Before the problem has been revealed, everyone is running away quickly, and those who are planning are planning quickly!

Everyone is waiting for the right time.

Chen Huaiqing's sudden speech did catch some people off guard.

Following Chen Huaiqing's remarks, Meta Investment also released a report on subprime mortgages.

Subprime mortgages are no longer sustainable!