Guo Caijie and the cow faced each other in a tit-for-tat way.

The cow, who had been silent, was completely lit up when he saw a red cloak.

"Jimmy Construction Company does not require child labor. That's because the huge profits in the real estate industry can already ignore labor costs. The high housing prices are already a cancer of the entire Indian Dominion!" The cattle roared.

"High housing prices are better than those who use child labor directly!" Guo Caijie was also excited.

"What's wrong with child labor?! This is just a trivial sacrifice for the country." The old man sitting in a cow has lost his mind.

As soon as the bull said this, everyone's face looked ugly. Goro asked Newton to borrow the fire and went to the factory to smoke.

The scene has completely lost control.

"A trivial sacrifice? Why don't you work 16 hours a day in the factory!" Guo Caijie shouted.

"So what about 16 hours? I've been on the battlefield. Compared to the smoke and death of the battlefield, the factory is a greenhouse of happiness and a paradise of happiness."

"I'm emphasizing that what really destroys Indians is not hard work, but high housing prices! As one of the three giants of Indian Dominion, I must look at the overall situation and focus on big things rather than trivial things."

The cow looked serious and screamed.

"Child labor is a trivial matter?!" Guo Caijie exclaimed as if she had just seen the evil ghost in the horror movie.

"So, what do you think is a big thing? Chief of the cow." Goro came back after washing his cigarette and heard the words of the cow. He couldn't listen to them and interjected and questioned.

The entourage handed over the aluminum kettle, the sitting cow took a sip of water, coughed a few times, looked at Guo Caijie and Wuro, and said gritting their teeth.

"Jimmy's idiot, who only cares about the profits of their own tribe. You know, the Indian Dominion has thousands of tribes as big as the Jimmy tribe. What should you do if you ask them to do? They all work together to do real estate?

"He brought a bad example. We are happy to meet wealthy Indians, including the richest Indians. But I don't want the richest man in the Dominion to be a real estate developer."

"Now, there are a large number of tribes in the Indian Dominion who abandon the manufacturing industry with meager profits and invest in lucrative real estate. This is a very terrifying trend."

"Manufacturing is the foundation of the Indian Dominion."

"This is a dispute over the foundation of the country, this is the real big thing!!! What kind of shit child labor is something that only when you are full and you are full."

………………………………………………

Listening to the words of the cow, Li Xin fell into deep thought.

It is difficult to reverse the trend of a big country with a population of tens of millions.

In Li Xin's opinion, working hard for ten years is worse than speculating in real estate for a month. Only capitalism can do such a distorted human nature.

As we all know, if a country wants to develop, it must vigorously improve its productivity.

One manifestation of improving productivity is that it will produce a large number of products.

Products are for consumption.

Selling these products to foreigners is export trade.

The other part of course needs to be consumed by domestic consumers, which is domestic demand.

Selling products and making money, continuing to develop more advanced technologies, expand production scale, hire more workers, increase labor wages, and create more competitive products.

In this way, the country will be prosperous and increasingly strong.

……………………………………………

But there is a prerequisite for this, the product is affordable for ordinary people in China.

House is something.

Everyone knows that a family of people still needs a place to stay

However, if a family and couple’s salary are paid less than one square meter of house in total.

Every month's mortgage basically accounts for more than 80% of the monthly income of couples.

At this time, all your wealth is thrown into the real estate industry, and you will buy food, water, electricity and other living materials that you usually need, so you can't even have the rest of your energy to buy other consumer goods?

……………………

Ordinary families are swallowed up most of their income by high housing prices and high rents. The remaining money can only support the necessary living expenses, and they have no money to buy ordinary consumer goods and high-end consumer goods.

With sluggish domestic demand, it is bound to be difficult for the country to develop continuously.

Foreign trade is sanctioned by the United States.

Two of the three carriages were scrapped.

In this way, the products produced by real enterprises cannot be sold, which will trigger a chain reaction, industrial losses, bankruptcy, economic depression, and people's livelihood wither...

In the end, the housing prices are getting higher and higher, and this becomes a game of passing flowers.

As for when the drum sounds stop, only God knows.

……………………………………………………

There were more and more people gathering around him even when the arguments between Sei Niu and Guo Caijie were arguing.

"What is the purchasing power of the Indian Dominion now?"

Li Xin secretly asked Hongyun next to him.

Hongyun collects other snuff bottles.

"Northern Indian Dominion should face consumption downgrades now." Li Xin continued.

“Consumption downgrade?”

Hongyun felt Li Xin's words.

This oriental word is really appropriate.

Recently, the Detroit trade market, clothing produced by clothing factories is unsold.

Second-hand clothes and second-hand shoes that were purchased from the United States by ton are sold in the trade market.

Meat food consumption, cheap [big meat patties] mixed with a lot of flour and a small amount of meat are popular in the market and continue to sell well.

The canned meat that is good and of high quality, aiming at the middle-class customer market has been unsold and has no interest in it, so it can only be exported overseas.

…………………………………………

The news I got from Hongyun made Li Xin know that his judgment was correct.

Sure enough, it's like what happened later in life.

Even if the regulation is carried out through policy means, purchase and sales are restricted, and forced to lock it up, and it will not rise or fall, so that housing prices will be sold sideways at a long-term high.

However, the side effects of high-priced real estate will continue to ferment. The most obvious problem is: [Consumption downgrade]

……………………

In later generations, the landmark event of consumption downgrade was that Pinduoduo, which relied on group purchase discounts and a large number of counterfeit cheap goods, occupied 41.2% of the user market in first- and second-tier cities.

Moreover, it successfully listed in the United States with a valuation of 90 billion, surpassing traditional Internet giants such as Baidu, JD.com, and NetEase in one fell swoop.

Among the Chinese Internet companies, Alibaba's market value is US$474.038 billion, Tencent's market value is US$463.171 billion, Baidu's market value is US$85.798 billion, JD.com ranked fourth with US$54.777 billion, and NetEase ranked fifth with US$32.7 billion.

Pinduoduo has successfully suppressed veteran mutual understanding giants such as Baidu and JD.com with a valuation of 90 billion US dollars and 600 million users, and entered the first camp of the Internet.
Chapter completed!