Reborn Capital Madman

Chapter 0405 Fool Iron Lady

Prince Charles's willingness to gossip reflects Gao Xian's efforts to establish the Howard Hughes Foundation, which has had worldwide influence.

Gao Xian thought for a while, he might as well take advantage of this craze and walk around with British political figures while the iron is hot.

A dramatic scene occurred in British politics this year. Prime Minister Wilson suddenly announced that he would resign due to health reasons.

There was nothing shady here. Wilson found that he was suffering from the early stages of Alzheimer's disease, also commonly known as Alzheimer's disease. His previously strong memory and concentration were rapidly declining, and he was indeed powerless.

After two-time British Prime Minister Wilson resigned, the ruling Labor Party re-elected its leader. In the end, Callaghan won and officially became Wilson's successor, becoming British Prime Minister and leader of the Labor Party.

With limited time, Gao Xian did not intend to join forces with the proud Labor Party politicians, but instead targeted the largest opposition force, the Conservative Party. This was also an inevitable choice he made based on information asymmetry, because the future of British state-owned enterprises

Basically, the Conservative Party can only take the lead in promoting privatization.

As a result, without much effort, Gao Xian met the leader of the Conservative Party, Mrs. Thatcher.

In fact, Gao Xian, the youngest member of the Hong Kong Executive Council and the accomplished chairman of the Hong Kong Trade Development Council, has enough qualifications to interact with British political figures.

At this stage, the Labor Party on the stage has formed an alliance with powerful trade unions, and its governance is relatively stable; the opposition Conservative Party's opposition is only very effective, and Mrs. Thatcher is not that busy. She came to the banquet held by Gao Xian, and she was in power.

Relaxed and relaxed.

Gao Xian went to great lengths to invite Mrs. Thatcher just to test the extent of her economic views.

At present, the economic philosophy of major capitalist countries is still dominated by Keynesianism. One specific manifestation is that the government intervenes more in the market. For example, industry leaders such as British Telecom and British Petroleum in the United Kingdom are state-controlled.

In the "old script", after Li Gen, who pursues the supply-side economics school, and Margaret Thatcher, who pursues the monetary school, came to power, they launched economic neoliberalism, such as the privatization of state-owned enterprises in the UK, including British Telecom and British Petroleum.

Obviously, there are huge business opportunities here, and how to grasp them depends on the collection of intelligence.

Mrs Thatcher has been nicknamed the "Iron Lady" for her strong attack on the Soviet Union in a speech in January this year.

However, Gao Xian only regarded this nickname as a personality similar to that of an entertainment star. He did not care whether Mrs. Thatcher really showed any tough attitude. He just said what he needed to say. He was so young and needed it.

This is not a persona that says newborn calves are not afraid of tigers.

During Gao Xian's chat with Mrs. Thatcher, the topic of Hong Kong was naturally inevitable. He cleverly seized the opportunity and said bluntly: "Because of London's previous monetary policy mistakes, the Hong Kong dollar has been dragged down by the depreciation of the pound several times. Hong Kong

The economy has been greatly affected, and it has only gradually emerged from the shadow in recent years."

These words are not without bitterness, because the mistakes in British monetary policy mentioned by Gao Xian were exactly made by the Heath administration during the Conservative administration.

Of course, Gao Xian didn't mean to offend Mrs. Thatcher when he said this.

In fact, the Conservative Party is reflecting on past monetary policy mistakes, and Mrs. Thatcher successfully challenged Heath and became the leader of the Conservative Party in February last year.

Mrs. Thatcher asked with great interest: "Sir Gao has made great achievements in business. Even Howard Hughes hired you as a consultant and financial manager during his lifetime. You must have unique insights on economic policies, right?"

Gao Xian answered without hesitation: "Judging from Xiangjiang's successful experience, reducing the government's intervention in the market can indeed effectively stimulate the vitality of economic development."

Mrs. Thatcher smiled and said: "Xiangjiang has always hired professionals from London to provide guidance. I am afraid that Xiangjiang's successful experience cannot be applied to Britain, where the situation is more complex."

Gao Xian shrugged, "Have you heard of it? Milton Friedman, an economist from the United States, advocated free economics and shaped the Department of Economics at the University of Chicago into the Chicago School of Economics. He is very hopeful to win the prize this year.

Nobel Prize in Economics.”

"I have some understanding." Mrs. Thatcher nodded, "Sir Gao admires it so much. If I have the opportunity, I will learn more about it."

While Gao Xian raised his glass, he secretly thought to himself that Mrs. Thatcher might not have thought that far yet. After all, there had never been a female prime minister in British politics before.

Moreover, even though Mrs. Thatcher is now nicknamed the "Iron Lady", she may not really be that tough. One proof is that although she successfully challenged Heath and became the leader of the Conservative Party, in order to maintain her conservative

The balance within the party still requires the appointment of politicians from the Heath faction.

It is not that easy for a woman to reach the top in her official career.

Thinking of this, Gao Xian tentatively said: "It can be seen that Madam is a very courageous politician, and the British economy is currently facing many difficult problems, and it needs leaders like you to turn the tide."

"I believe that it won't take too long before Britain will have its first female prime minister."

Gao Xian has many achievements and blessings. It is not an exaggeration to call him a very charming man, and the compliments coming out of his mouth are naturally very lethal.

Mrs. Thatcher, the iron lady, was not exempt from the common deeds. She was so happy that she said, "I didn't expect Sir Gao to be more confident than me."

"I'm not talking out of thin air." Gao Xian continued to deceive in a serious manner: "Former President of the United States, Richard Nixon, and former California Governor Li Gen, who participated in the U.S. presidential nomination competition this year, both have good personal relationships with me, so I followed suit.

I don’t have much to say about political matters, so I came up with what I just felt.”

Mrs. Thatcher asked in a very good mood: "So, what is Sir Gao's opinion on the current political situation in Britain?"

Gao Xian spoke eloquently: "Similar to the situation in the United States, the British economy is deeply troubled by stagflation, and the ruling Labor Party has responded by reaching an agreement with powerful labor unions and implementing an income control plan."

"Not long ago, Callaghan, who succeeded the resigned Wilson as Prime Minister, introduced the income control plan from 1976 to 1977, which stipulated that the salary increase for workers should be based on 5%, and the salary increase should be set at 5%.

Limited to a level between £2.50 and £4 per week,"

"This is different from the previous independent collective salary negotiations conducted by labor unions. It is a voluntary income control plan that treats the symptoms but not the root cause."

"The Labor Party does not have the courage to carry out economic structural reforms. It will not take long for the temporarily eased conflicts to erupt and become more violent. By then, unions that are dissatisfied with the salary increase will inevitably have a greatly reduced support for the Labor Party."

Mrs. Thatcher's eyes lit up when she heard this, and she exclaimed: "It's a pity that Sir Gao will not join politics..."

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