Su Su said again: "Although China urgently needs to join the WTO, let's talk about why the globalization led by the United States requires China to join the WTO. China can provide low-cost and cheap labor with hundreds of millions of people, and a market of 1 billion. Just look at the crazy profits of a Japanese color TV in China in the 1980s. People on earth understand these basic principles, so I won't talk about it. I'll say something fun!"

Wang Qiang nodded repeatedly: "Yeah, yeah! It's fun!"

Su Su smiled and said, "Everyone knows that the United States was the world factory during World War II. When Japan declared a war against the United States in the Pearl Harbor incident, the huge war machine of the United States started. All its refrigerator factories, tractor factories and other things were converted into an arsenal. The continuous stream of military parts, planes, guns and ships surging out. What is left to Japan at this time is absolutely crushing! However, many people are wondering how such a powerful world factory disappeared after World War II? Industry is the foundation of a country. Does the United States not even know such a simple and simple truth?"

Wang Qiang nodded repeatedly: "Yeah."

Su Su sighed: "Actually, as soon as World War II ended, the Cold War between the United States and the Soviet Union began, but in the first twenty years of the Cold War, people all over the world had the same understanding of development, that is, industry and agriculture are developed, and there are many factories. The slogan of Chinese primary school students was directly to "realize the four modernization efforts". At that time, the economies of countries around the world were very healthy, and they all said that the growth of the products produced was regarded as economic growth. All countries strictly controlled finance and did not encourage speculation. Finance was a production service... The reason was very simple, and elementary school students understood it. Then in the 1960s, after Khrushchev of the Soviet Union and US President Eisenhower signed a "Post-Industrial Society Agreement", a new era came."

Wang Qiang browed: "It's what I said just now, I'll stop producing and play finance?"

Su Su smiled and said, "Yes, finance starts with credit. Brother Qiang knows what credit is?"

Wang Qiang said in surprise: "Isn't it just borrowing money or something?"

Su Su smiled and said, "Yes, then I'll tell you a joke that is easy to understand. Once upon a time, a guest came to a hotel in a small town. The guest said, "I want to check the room first and then consider whether to stay. The hotel owner has a rule - yes, the guest will pay a deposit of 100 yuan first, and then I ask the waiter to take you upstairs to see the house. If the guest is not satisfied, I will refund the entire deposit."

Wang Qiang frowned: "Although the rules are a little weird, there is nothing wrong with it?"

Su Su continued, "Then the customer paid a deposit of 100 yuan, and the waiter took the customer upstairs to see the house. Then, Brother Qiang listened, the hotel owner immediately took the customer's 100 yuan and went out to find the vegetable store next door and said: I owed you 100 yuan last time, and now I will pay you back. Don't you owed you money?"

"Then, the vegetable shop owner took the 100 yuan to find the clothing shop owner next door: I owed you the 100 yuan last time, and now I will pay it back to you, don't owe you money anymore?"

"Then, the clothing store owner took out the 100 yuan and found the hotel owner: I owed you the 100 yuan last time, and I'm paying it back now, don't you owed you any more money?"

Hearing this, Wang Qiang browed: "I've taken the money around and returned to the hotel owner?"

Su Su smiled and said, "That's right, then at this moment, the guest who was looking at the house went downstairs, shook his head and was dissatisfied and unwilling to live. Then according to the previous rules, the hotel owner returned the 100 yuan deposit from the guest to the guest, and the guest left. Then the problem arose. The town did not make any transactions during this day, nor did it produce anything to create any wealth, but it just flowed the money around and all the debts between each other were smoothed out - in the words of the village chief, there was no fiscal deficit on the books, perfect!"

Wang Qiang said in shock: "Damn it! Are you playing with this kid?"
Chapter completed!