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Chapter 853

"More than twenty small businesses have gone bankrupt this week, and the risk of import and export trade has begun to grow uncontrollably for these small businesses. If they cannot adapt and find a good way to spend this special time, it can be expected that there will be many small businesses and micro enterprises that will go bankrupt in this wave!" At the federal high-level meeting, the deputy director in charge of import and export trade said to the officials participating in the meeting. "The crazy increase in the Federal Shield is not entirely good news, we are also facing many urgent problems."

Things that are very normal for ordinary people have attracted the attention of the federal senior officials. These officials have a keen sense of smell than ordinary people for the operation of the country, financial mechanisms, and economic construction. The collapse of a small export enterprise means that more small and micro enterprises are facing all the problems that the bankrupt enterprise has experienced. With the sudden increase in costs but the income has suddenly decreased, it is very difficult to maintain it. There are always some entrepreneurs who cannot get rid of expenses, such as employee salaries.

At the same time, the readjustment of tariffs between the Federation and the Empire also made these small and medium-sized enterprises exported by dumping also began to struggle. Their goods were no longer competitive in the imperial market under the premise of abolishing the exemption of tariffs. For example, some companies that produce lighters. They once unscrupulously dumped their goods into the Empire, and the large amount of trade and cheaper prices occupied the imperial market. However, with the recovery of tariffs, the prices of their goods in the Empire are no longer so attractive, and they are not as popular as the imperial products.

Of course, where there is light, there will definitely be shadows. All things have always been divided into positive and negative sides, with good and bad sides.

A deputy minister of the Ministry of Finance immediately said, "This does not conflict with the plans we have formulated before. Gentlemen, relaxing the relationship with the Empire's Star Yuan exchange rate and opening up a larger market are our most important plans now. Before we did these tasks, we already understood that the financial and economic market within the federal government will inevitably face a certain degree of impact, including the bankruptcy of some enterprises. This is the inevitable pain we have to endure from the past. We have held the empire's authority for more than 20 years and have used the empire's market to raise a large number of excellent enterprises. Under the natural market competition and elimination mechanism, some people will succeed, and then some people will inevitably need to face failure."

"It's just that these people unfortunately became one of the losers. The rigid business philosophy and the idea of ​​not knowing the flexibility of the thinking, which makes them face failure is not the changes in national policies, but themselves. If they cannot change the direction of business operations in a timely manner and change the existing business projects and concepts, they will inevitably be eliminated by the market. Let us focus on those successful companies. In the past twenty years, more than 130 excellent and large multinational trading companies have been born in the Federation. I think the problem that the Deputy Minister of the Trade Department is actually not a problem in itself. Will these companies not go bankrupt if we don't do these things?"

"No, we do not formulate new policies to push the market to face the whole world faster. They will also struggle when they lose competitiveness, and will eventually go bankrupt and be forced to liquidate. We all understand that the market is cruel. We can sympathize with their experiences, but we cannot change our existing policies just because of their current situation."

"The members and speakers of the United Parliament have shown optimism about the current situation. Let us focus on successful companies, who do not need us to give special support to gain a foothold in international trade and continue to grow themselves. This is what we need to pay attention to. As for those small companies, I don't think we need to pay much attention to."

Now the main policies and plans of the federal government are basically to promote the federal shield to become an international currency. The Ministry of Trade has interviewed many entrepreneurs of multinational enterprises in the last week. They put forward an idea that in foreign trade, all enterprises must resolutely use federal shield as settlement currency. This seems to be a stupid thing, adding to the trade process, and foreign import and export companies need to use federal shields to trade with federal merchants. But on the other hand, the accelerated expansion of the circulation scope of federal shields on an international scale will have a very good promotion effect on their ultimate goal.

When people are accustomed to having some federal shields in their pockets and used federal shields to make settlement currencies in international trade, the influence of the trade union and federal shields in international trade will increase rapidly and eventually become mainstream settlement currencies. At that time, the entire world market must comply with the business rules set by the federal government and in some cases pay for the federal economic development. The influence and interests brought by it far exceed the wave formed by the bankruptcy of some small businesses.

The deputy director of the Ministry of Trade nodded with a wry smile. In fact, he also knew that the collapse of small and micro-enterprises is a market mechanism for self-regulation. The profits of large enterprises began to increase, the incomes of small enterprises began to decrease, and the transfer of profits caused these "disabled" enterprises to be eliminated, and the nutrients after their bankruptcy and the empty market were used to inspire "motivated" enterprises to become stronger.

However..., there are always some concerns. Once the wave of bankruptcy is formed, it may cause some problems in society, increase the unemployment rate, increase in idle property staff, and public security issues will eventually evolve into more complex social problems in a short period of time.

The Deputy Minister of Finance continued, "I will inform you first. Next month, the central bank will continue to cut interest rates to stimulate the market, and at the same time promulgate some other financial policies to activate the activity of the federal financial market. I hope everyone can cooperate as much as possible and detect market fluctuations at the same time..."

In fact, the deputy minister had not said one thing. After the discussion results of the Supreme Council meeting of the United Parliament, he decided to issue a new batch of federal shields. To put it simply, it was to print money.

Now in the international currency market, the Federal Shield is popular among investors around the world. It has been confirmed that there will be no big ups and downs in a short period of time and will continue to rise with a stable and firm attitude. The rising prices will strengthen investors' confidence, which will make the amount of currency in circulation become smaller. In order to spread the influence of the Federal Shield as soon as possible, the United Parliament made such a decision.

Of course, printing a batch of currencies will reduce the price of the Federal Shield, but this is definitely within an acceptable range. Domestic think tanks believe that this move will cause the exchange rate of the Federal Shield to drop in a short period of time, and will also send a clear signal that the circulating federal Shield is insufficient, which will further stimulate investors' confidence in the federal.

This news is indeed not suitable for premature disclosure. The Ministry of Finance has always had great confidence in the federal financial and economics.

Williams is the sole shareholder of a small import and export trading company, and his products have only one kind of blanket.

He has made a lot of money in the past decade, enough to allow him to live in a villa area in Shangcheng District, drive high-end luxury cars, and go to high-end places that require certification, and even his family enjoyed everything. Until today, he cannot forget his factory to work overtime and make blankets and then pack and dump them into the Empire. The dealers in the Empire have to send him several telegrams every day, urging him to ship the goods over as soon as possible to deal with the crazy market. He is a part of the dumping army.

There are many such people around him, and it is definitely a glorious era worth remembering by everyone. Countless people use all the mortgages they have, use the money to open simple small factories, and then frantically make profits from the empire. That is really a golden age. No matter what they produce, as long as they sell it to the empire, they will definitely make money. As long as they dare to gamble, they will definitely win. Until now, it is still something that people talk about.

At that time, his cheap blankets were deeply loved by low-income people in the empire. A blanket with a two-star yuan had a gross profit of about 35%, which made him a successful person.

But his good days have come to an end recently. Even though the federal side has given him a tax refund and subsidy policy, after the tariffs are restored, his product's terminal sales price has risen to 3.2 yuan, and his gross profit is only about 10%. In other words, he basically does not make money by selling things, but by tax refund and subsidy. His competitiveness is very poor in the market where the Empire has recovered. Compared with the two forty-nine-century blankets, the sales of his own blankets are worrying.

The dealer has called him more than once to tell him that he would cut the purchase volume.

Now, he sat in the bank's credit office in a daze, looking at a loan document in front of him. He wanted to mortgage the villa he had lived in for more than eight years to the bank for a loan to maintain current production and operation. He didn't know where the road was, and he didn't know how to change it. The city hall has asked them, such small entrepreneurs, to hold meetings more than once, telling them to transform, to adapt, to keep up with the pace of the times and policies to make relative adjustments. But he was the chairman of a small business. He was not an economist. He knew what those words and words mean, but he didn't know how to do it.

The only thing we can do now is to maintain our own business. Perhaps the market will improve one day. I heard that several regions have just ended the war and have a lot of market space. Maybe they can work hard in this regard.

After he picked up the pen and signed his name, the department manager sitting opposite him had a smile on his face, "Mr. Williams, your loan will be deposited into your account within three hours, and you have six months to dominate the money. If you are unable to repay the principal and interest of the loan in six months, we may collect your house and conduct an auction according to the terms of our contract, and wish you good luck!"

Williams squeezed out a smile and shook hands with the department manager. The other party also gave him a business card and said something that made him unhappy. For example, if he still needs it, he could contact the manager directly, which would save them a lot of steps.

This is a bitch, this is cursing me!!

Williams had a smile on his face but was cursing in his heart, and he had to show a smile to make him feel uncomfortable. Seeing Williams leaving the department manager, he shook his head with a smile. In recent times, many small and medium-sized enterprises have begun to seek loans to maintain the normal operation of their enterprises, but it has to be said that the effect of doing this is actually not good. Several small enterprises have lost their collateral because they cannot repay the principal and interest of the loan. Apart from continuing to obtain more financial support from the bank in a manner equivalent to selling, they cannot alleviate the current situation at all.

This is a good era, and for banks, this is indeed the case. A large number of high-quality assets only need to pay a small amount of money to hold them in their hands. It can be foreseeable that this year's year-end bonus will have a qualitative breakthrough!

After returning to his factory, Williams faced the workers who had stopped working and were smoking and chatting at the entrance of the factory, and squeezed out an ugly smile. He did not show his energetic state as he expected last night and then cheered up to encourage the workers to continue working. At this moment, he felt very tired and exhausted.

"Call people over to settle the salary for the last month, and notify our friends that we need some new raw materials." As Williams said, the idle workers in the factory cheered, slapped the dust on their butts, happily lined up to settle the salary outside the office.

Although they are also worried about the prospects of the factory, they don’t seem that bad at the moment. The boss has money to pay wages, right? And they have to continue production, which means that their work will continue and they can earn money from it to support their families.

But in the hearts of these workers, there is also a little concern, worried about whether they can settle their wages next month as they do now.

When he got home in the evening, Williams locked himself in his study. Half of the money he had returned from the bank mortgage today was used up. He could continue to start work after the raw materials arrived tomorrow and could barely get through next month.

He doesn't need to pay the money for the raw materials now. He has a good cooperative relationship with the supplier and private friendship. The other party will ask him to temporarily suppress a batch of payments. This is not the first time that such a thing has happened. If the goods do not have a better sales channel next month... what should he do?

When he thought of this, he felt a headache. He had tried his best, but why did he still not see the way out and the light?
Chapter completed!
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