If things weren't really serious, Jane promised to sit here with Liu Bailu?

But Su Mu really has no confidence in his heart, because Su Mu doesn't know why this matter turned out like this. You have to know that even if there is something important, it seems that there is no need to disturb him. Some people can make Jian Zhengnuo and Liu Bailu rely on him. Why do they choose themselves? Was Jian Zhengnuo come to him or is this Liu Bailu's idea? But this is not important. What is important is that even if Su Mu has doubts in his heart, he must listen carefully to the matter in front of him.

"I actually have something to deal with when I asked you to come here this time." Liu Bailu said straight to the point.

"Yes." Su Mu said respectfully.

"Su Mu, do you know the local government bankruptcy bill?" Liu Bailu said in a surprising way.

Su Mu was stunned on the spot.

Local Government Bankruptcy Act? What does this mean? Su Mu is clear about this act, because just before coming down from the NDRC, he followed Zheng Jinglun and studied this act. More importantly, Wu Qingyuan was the maker of the case. As Wu Qingyuan's disciple, Su Mu is of course very clear about this case. Not only is it clear, but even the tricks and details are much clearer than the rest.

"Looking at your appearance, you know that you are clear. Since you are clear, then just talk." Liu Bailu calmed down.

Changfeng

As the governor, Liu Bailu knew of this bill, but he also knew Su Mu's background. Since he knew this, Liu Bailu wanted to find out how much Su Mu knew about this bill. After all, Liu Bailu was the Prime Minister's person. The Prime Minister's evaluation of Su Mu was quite good. With such an evaluation in front, Liu Bailu decisively thought of Su Mu after this incident happened.

Su Mu quickly filtered the local government bankruptcy bill in his mind. He knew very well that he had to say something useful now. If he said that he was as low-key and conservative as before, he would probably not be able to submit a job. Besides, Su Mu was not prepared to hide his personal feelings. He had the opportunity to express his thoughts in front of Jian Zhengnuo and Liu Bailu. Why did he miss it? You should know that many people don’t have the opportunity to have him like this. Since Su Mu had, he would never miss it.

"Secretary Jian, Governor Liu. I know you will definitely know this bill, but since you want me to talk, I know you must want to test me, so I will tell you what I know. If you say something is wrong, if you say something is incomplete, please correct me. Of course, I promise that what I say is all my words in my heart and represents my thoughts." Su Mu said in a solemn voice.

Jian Promise had no words to Liu Bailu. They were just ready to listen quietly to Su Mu's view of the bill. If Su Mu said what he said immediately afterwards and could not satisfy them, then today's meeting would be considered as never before. Because what they needed was a person who could do this in line with their wishes, not a person who knew nothing. It was not enough to have the so-called passion, and it was necessary to make them convinced to do it.

Because this incident is very likely to make Wuyue Province the most conspicuous province of the Celestial Empire.

The key is whether there are many such conspicuous or negative news.

It was in such an atmosphere that Su Mu began to explain.

"The bankruptcy of local governments is a bill proposed in recent years. The reason is that while local governments develop their economy, they will generate a lot of debts. This local government mainly targets both the municipal and county levels, and more importantly, the county-level government. Because if it is developed, the urbanization tasks undertaken by county-level governments must be significantly higher than those of municipal-level governments. This is a practical issue that no one can ignore and must be taken seriously."

With Su Mu's opening, Jane Chan and Liu Bailu looked at each other, but chose to listen calmly.

"Actually, it's like the issue of local government debt. Even if I don't say much, I believe many people know about it. The simplest understanding among them is that even if your local government wants to develop, it still needs money. Without money, nothing can be done. And since you need to use money, what are the ways for local governments to get money? The most basic ones are two, either to borrow from commercial banks or to obtain from grassroots people."

"This is the most essential and critical problem, that is, if an economic collapse occurs, local governments must face high debts. There is no possibility for commercial banks to spend money for you in vain, and they are not stupid. Compared with commercial banks, what is more important is the money of the people. If the people know that you cannot return the money to them, what will they do if they are angry?"

"This also leads to an inevitable phenomenon after a cycle, that is, how to face this matter. As long as there is a problem with the debts of local governments, then the superior government and the central government, in order to prevent local governments from going bankrupt because of too much debt, to prevent commercial banks from falling out, to prevent the people from causing trouble because of this, to maintain macroeconomic and financial stability, the central government will make a choice, that is, to protect the bottom line."

When he talked about this, Su Mu paused for a moment. Seeing that the two officials from the border were still listening very seriously, he did not make any more preparations to think about it, and poured out all the things he wanted to say in his heart.

"I don't know if the two leaders have heard of it. I think you two must know it. I'll give the most obvious example here. This example is about the university problem. Many universities borrow from banks to develop schools, believing that the larger the school area, the stronger the competitiveness in society will be. This was the correct view at that time, and because of this view, many schools are desperately borrowing from banks."

"How do banks do it? In the face of such debts from universities, banks are of course very willing to lend them out. After all, among all debt-loan units, universities are the most reliable. As long as the university does not collapse, such loans can be recovered. But what is the result? The result is that the accounting is getting bigger and bigger, so in the end it is not said that any university can bear the repayment. At this time, those universities that did not borrow money because they were cautious and started to smile in their hearts. You said you had to borrow money. Look at what you are like now, what should you do?"

"What should I do? It seems that these debt-loss universities are going to a dead end, but is that really the case? The country will definitely not allow these universities to go bankrupt. So what decisions did the country make at that time? That is, all the debts of all universities will be paid back, and all the universities will repay their debts in one go. What does this result bring? The universities that did not borrow are all dumbfounded and regretful. If they had known this, they would have started to borrow money at the beginning."

"But this is not the key to the problem. The key to the question is, should you borrow money? Do the development of universities need to be carried out in this way? Since you have to do this, you must be mentally prepared to bear bankruptcy. Why do you need the country to pay for you? Will you not consider the subsequent negative impact if you do this? Of course, as far as I know, this is also the last time the country has made that big move, and the country will never do that kind of thing again."

After saying this, Jian Chengnuo and Liu Bailu began to be slightly moved.

Liu Bailu even asked directly,

"You are talking about universities. Are universities and local governments the same thing? In your opinion, is it that local governments should go bankrupt like universities? Do you have to go bankrupt if they should go bankrupt? Even if you face the threat of local government bankruptcy, do you have to do this without hesitation?"

"Governor Liu, as you said, universities and local governments are different things. Although it seems that they have the same nature in the matter of guaranteeing the situation, this is what I want to say below, and it is also a question that I hold in my stomach and don't know whether to say it. I know that if I say this question, it is very likely that I will be charged with some kind of crime, but if I don't say it, I feel very frustrated." Su Mu said seriously.

"Ha ha."

Jian Zhengnuo laughed, "Su Mu, in front of me and Governor Liu, there is no need for you to do such a wronged act. Don't worry about what you should say, we will take care of you. We really want to hear how serious the words you say below are, and you can still be charged with the crime."

"That's right, what you want to say below may be what we want to hear." Liu Bailu also smiled.

"Okay, with these words from the two leaders, I feel at ease, because what I want to say is that the debts of universities and local governments are different, and the difference in the coverage is absolutely different. Because no matter how well universities are, they will develop themselves. Local governments, especially the local governments in our country, are now suffering from serious debts. This is not the simplest development of local governments. If I guess correctly, this should be a cruel strategy for Western countries to split our country and engage in economic wars against us. It is a kind of cutting off the firewood from the bottom of the pot, and it is a major attack that wants to completely control the economic pulse of our Chinese country and completely disrupt the whole."

Su Mu's expression was extremely serious. What you could feel from him was an indescribable seriousness and solemnity.

Jane Promise looked frightened.

Liu Bailu was emotional.

They finally heard what they wanted to hear.
Chapter completed!