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614 Economic Crisis

Since the first economic crisis broke out in the United Kingdom in 1825, economic crises broke out roughly every ten years before the 20th century.

The reasons for the outbreak of the economic crisis are very complex, and one of the main factors is insufficient government intervention in the market.

In fact, in the nearly one hundred years from 1825 to 1920, there was no concept of government macro-control in the world. In the economic field, basically all economic behaviors relied on the market itself for regulation. This seems to be the case in the 21st century.

Simply unbelievable.

But in the 20th century, liberal economics was the mainstream ideology, and this point has basically reached a consensus in the global economic field.

Old Renault is also well-informed and has a lifelong business career. Since entering the 20th century, Old Renault has personally experienced economic crises three times, namely in 1900, 1907, and in 1914 when the world war broke out.

Since he has experienced it personally, the old Renault must still have fresh memories of the economic crisis. Therefore, when the economic crisis is mentioned, the old Renault still has lingering fears: The economic crisis will harm society in all aspects. Once the economic crisis breaks out, the lives of Americans will be difficult, but our lives will also be difficult.

It won't be easy. If you are not careful at that time, it will be a lose-lose situation.

The old Renault is still used to relying on its own strength to solve problems, so he has such lamentations. Qin Zhiyuan does not. Qin Zhiyuan has his own views on the economic crisis, and he also has his own way of dealing with it: since it is a crisis, it must be a danger.

Coexisting with opportunities, the outbreak of economic crisis is regular. Before the 20th century, it was about once every ten years. In the 20th century, it was about once every seven or eight years. Haven't you discovered anything?

Qin Zhiyuan was earnest and good at tempting. Old Renault was not stupid, but his thinking was a bit rigid and he did not turn around for a while.

Time is getting shorter and shorter. Old Renault followed Qin Zhiyuan's wishes and suddenly jumped up from his chair: It's 20 years now, is the economic crisis coming again?

It's almost the same. If there are no accidents, next year, that is, 1921, a new economic crisis will come again.

I didn’t let you think about this. What I mean is that the outbreak of the economic crisis is closely related to the progress of productivity. For example, before the 20th century, every time there was a change in productivity, production efficiency would be improved, but at the same time, the development of the consumer market was not timely.

If you keep up, there will be overproduction, which will lead to an economic crisis. If you are in the manufacturing industry, you should know that the machines in the factory will be updated about every ten years or so, and then the production efficiency will increase, resulting in overproduction of products.

A crisis occurs, and then the market slumps due to poor sales, and then the market gradually recovers with the development of new markets, and then there is a new round of machine and product updates. It may not be accurate, but it should probably be like this. Qin Zhiyuan is searching for things.

Popularize science about old Renault.

Qin Zhiyuan didn't major in economics either, so he was pretty good at remembering so much.

That's pretty much it. Old Renault agreed with Qin Zhiyuan.

Of course I agree. What Qin Zhiyuan said is the experience summed up by countless experts in the economic field. If it is applied to the old Renault, it may not be completely consistent, but the general trend will not be wrong.

Okay, since you agree, then you will find that in the process of organizing production, the change of productivity is not the most important, the market is the most important, so our first stop is to go to the Republic of China. Qin Zhiyuan was in the old Renault

He confessed his purpose in front of others without any attempt to hide it.

The Republic of China, yes, the market of the Republic of China is so important. When I think that there is a big market of 400 million people waiting for us to develop, I just can’t wait. Old Renault was a little excited.

Well, rather than saying that the old Renault showed a little excitement, it is better to say that the old Renault is too afraid of the economic crisis. As long as the risk of the economic crisis can be reduced, even if the old Renault is allowed to feed the tiger, it is not out of the question.

The Republic of China also has a huge potential benefit for us. You must know that the current industry of the Republic of China is very poor and has almost no industrial base. There is no shortage of smart people in the Republic of China. There will definitely be people who are willing to cooperate with us and obtain technology from us.

At that time, it was estimated that the machines in our factory were in need of upgrading, and it would be a good choice to sell them to the Republic of China. Qin Zhiyuan's calculation was shrewd.

Selling machines may sound a bit despicable, but the real reality is that many times, more people can't find a temple with a pig's head, and you can't even buy a machine with money.

Selling machines is equivalent to selling technology. The pros and cons are actually worth considering.

Haha, you are teaching people how to fish, and you are not afraid of teaching your apprentices to starve to death. Master, old Renault still has the cunningness of a businessman in his heart.

How is it possible to starve to death? Even if we sell existing machines to the Republic of China, we will have more advanced machines, and we will definitely have technical advantages. This technical advantage is enough to put us a big step ahead. To put it ten thousand steps back,

Even if the market in the Republic of China is saturated, there are still Indian markets, African markets, etc. Our products have even entered the American and European markets, so don't worry about the market. As long as we have technical advantages, sales will not be a problem. Qin Zhiyuan

Have confidence.

Sold to Republic of China machines and transferred to Republic of China technology, it was also to develop the Republic of China market.

In Qin Zhiyuan's impression, the economic model of the Republic of China is more similar to the self-sufficiency model of small-scale peasant economy. In other words, even without the intervention of external forces, the Chinese can be self-sufficient and have little economic dependence on foreign countries. So if you want to develop

The market of the Republic of China will destroy the small-scale peasant economic model of the Republic of China. In this regard, if the national strength within the Republic of China is used, the effect will be much better than Lanfang's naked battle.

Hey, you two have been talking about work since you got on the ship. Don't you feel it's a bit rude to do so? Julie finally couldn't help but come over and gave Qin Zhiyuan and old Renault each a cup of coffee, and at the same time sent a grudge from the lady.

.

Haha, I'm sorry, speaking of which, I should go see Ferdinand. He slept a bit too long this time. Old Renaud talked about him.

Ferdinand Foch was also on board. After all, he was older and was not as energetic as Qin Zhiyuan and old Renault. Therefore, as soon as he boarded the ship, Foch went back to his cabin to rest.

She had woken up a long time ago and went to the bridge with Bastian. She was probably discussing with Xie how to use the aircraft carrier. Julie smiled, and the resentment in her words became more obvious.

Well, compared to the economy, the military is even less popular with ladies. Although Julie technically has military status, she doesn't like the aircraft carrier that Lan Fang is currently serving. It's really ugly.

God, look what you have done to Qin De. Qin Zhiyuan looked back at Qin De, and his face immediately collapsed.

Because he was going to visit China, Qin De wore a Chinese-style robe and mandarin jacket with a small melon-skin hat on his head, which made Qin Zhiyuan dumbfounded.

What's wrong? Isn't it cute? Julie was immediately diverted.

This is not Hanfu at all, nor is it regular clothing. No matter what kind of clothes you wear, do you want the people in the Republic of China to laugh out loud? Qin Zhiyuan's appetite turned off when he saw the long robe and mandarin jacket.

How come, I feel so cute, Julie still doesn’t understand.

In Julie's eyes, Qin De looks good no matter what he wears, which is the nature of his mother. But in Qin Zhiyuan's eyes, the long robe and mandarin jacket represent the former Qing Dynasty, which is an eternal pain in the hearts of the Han nation.

Think about it, the emperor of the former Qing Dynasty still lived in the Forbidden City, but the child of King Lanfang appeared in the capital of the Republic of China wearing a traditional Manchu costume. What this means can lead to countless possibilities.

My dear, go change him quickly and put on the sailor uniform that Virginia sent. That suit is quite cute. Qin Zhiyuan has his own aesthetic point of view.

Virginia's full name is Virginia Montemorency, the daughter of Gaspard.

Gaspard is Qin Zhiyuan's personal butler, so it is natural for Gaspard's daughter to work for Qin Zhiyuan.

Virginia and Julie had a good relationship. At Julie's suggestion, Julie invested and Virginia took charge of the management. They founded a children's clothing brand called Ugly Duckling, which produces all the clothing, toys and daily necessities that children need.

People in this era did not have the awareness of intellectual property rights, but after Qin Zhiyuan learned about this, he still sent people to Denmark to send 500 francs to Andersen's descendants and purchased the right to use the words "Ugly Duckling".

In Qin Zhiyuan's consciousness, if you want to do something, you must do it best, and the same is true for the Ugly Duckling brand.

After the Ugly Duckling brand was born, Qin De, the first heir to the Lanfang royal family, immediately became the spokesperson for Ugly Duckling. Almost everything Qin De used was produced by Ugly Duckling, which also made Ugly Duckling famous to a certain extent. In the current Penglai

On the island, the Ugly Duckling already has its own store, and Virginia and Julie are ambitious to open the Ugly Duckling all over the world.

Qin Zhiyuan chose a sailor uniform for a reason. Now Qin De is on a navy warship. If the first heir of the Lanfang royal family wears a sailor uniform, he will definitely win the support of the navy. This can be regarded as another form of win-over.

.

Well, Qin De, who is just over half a year old, has to consider the impact even when he wears clothes. This can be regarded as the tragedy of being a member of the royal family.

That sailor uniform is not bad, but Anzhe doesn't seem to like those round strips, and he always wants to tear them off. Julie can do anything.

Sailor uniforms, how should I put them? Some people like them very much, and some people dislike them very much. The stripes on the clothes are undoubtedly one of the most criticized reasons. If the figure is not so standard, wearing a sailor uniform is really...

Much like a zebra.

In fact, to put it bluntly, it’s all pretentious. A half-year-old child knows nothing.

To be continued.


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