life in the sky

Page 1191

After 10 minutes, Shao Jingyi finally finished his introduction to the electronics of this aircraft. Mr. Mu nodded and asked again: "How is the weapon configuration of this aircraft?"

It was Liu Qiang's turn to answer this question, and he stepped forward and said: "The weapon configuration of this aircraft mainly includes a 1mm cannon with 20 rounds of ammunition, three built-in bomb bays, and two side weapons. Each compartment can carry 480 short-range air-to-air missiles, and the main weapon compartment can carry 3 advanced medium-range air-to-air missiles and 2 joint direct attack bombs. In addition, there are 6 underwing hardpoints, each hardpoint can mount 6 kg Weight. The hardpoints under the wings can mount four 4-liter auxiliary fuel tanks when no weapons are attached, and can also carry four missiles when two auxiliary fuel tanks are attached.”

The elevator returned to the ground, and Yan Fengshan said: "Chief, do you want to let this plane fly up? We have already made preparations for the exercise in advance."

Mr. Zhong asked: "I see that your hangar is covered with a thick layer of lead, the main purpose is to prevent enemy satellites from peeping, right? Are you not afraid of being discovered by them when you fly now?"

Yan Fengshan said with a smile: "We have already grasped the time when foreign reconnaissance satellites fly over our sky. From now on, there is still a short time, and it is completely in time."

Mr. Zhong smiled: "Okay, then let it fly and let us, an old man, open our eyes and see how our country's newly developed fourth-generation fighter takes off!"

Hearing Mr. Zhong's words, Yan Fengshan gave an order, and the following immediately began intense and orderly preparations.Surrounded by everyone, Mr. Zhong boarded the flight command tower at the airport, and the air force major general sat in the command position and personally commanded this special test flight.

Two unmanned J-6 fighters took off first to prepare for the launch of the No. 5 prototype. Five minutes later, with an order from the major general of the Air Force, the No. [-] prototype slid out of the runway roaring.After gliding for a short distance, he raised his head straight into the sky.Mu Guoxing found that when the plane was taxiing and taking off, it did not drag a long flame at the tail like other planes.

The plane quickly disappeared into the blue sky and white clouds, and the radar operator nearby reported: "The radar has lost its flying target!"

Yan Fengshan said from the side: "This is the advantage of stealth aircraft. If it is such a short distance, ordinary aircraft would have been discovered long ago."

Air Force major general ordered: "Start the new radar we developed!"

A few seconds later, the radar* operator reported: "Target recaptured, bearing XXX."

Mu Guoxing stood up and quietly walked behind the radar operator, and saw a triangular cursor running at high speed on the huge electronic screen, erratic from left to right, deliberately doing movements to evade the radar search on the ground , and quickly rushed to the target direction.

Fifteen minutes later, the No. 15 prototype landed smoothly on the airport, and was quickly dragged into the hangar. After a while, two unmanned J-6 fighters also returned to the ground one after another. The whole process was tense and tense. Preface, there is no panic scene at all.

From the expressions on the faces of these officers, it can be seen that the exercise was very successful.Back in the lounge, not long after Mr. Zhong sat down on the sofa, he saw an air force lieutenant walk in and handed a CD to the air force major general: "Report to the chief, this is the flight data and ground contact information of the No. [-] prototype just now. Live footage of the strike."

The air force major general inserted the CD into the computer, tapped the keyboard, and the projector immediately projected the scene of the No. [-] prototype just after it took off on the opposite wall.

Mu Guoxing saw that the No. [-] prototype was quickly rushing towards the target area at low altitude on the screen, and a series of flight data was also displayed at the bottom of the screen. Meet the design requirements!"

As soon as the screen changed, the two missiles broke away from the aircraft and shot towards the target like arrows, and then a sea of ​​flames appeared on the ground. In this case, it is known without asking, that the ground target has been completely destroyed.

"Report to the chief, the ground target has been completely destroyed!"

Mr. Zhong stood up and said with satisfaction: "Good! Congratulations on the success of the exercise, I am very satisfied."

Major General of the Air Force said: "The stealth aircraft only plays the role of a commando. Using advanced stealth functions, with the cooperation of electronic equipment, it can contact the enemy at low altitude and quickly find the enemy's radar and communication command system. If the item is destroyed, the enemy will become deaf and blind, and then the third-generation fighters that arrive will carry out saturation attacks on the target.”

Elder Zhong asked again: "I am very satisfied with the stealth machine, what other treasures do you want to show me next?"

Yan Fengshan said: "Old chief, according to our original plan, there are five items in your inspection this time. This morning you have inspected the development of the engine, the transformation and upgrading of the J-[-] retired fighter jets, and the military exercise of the stealth fighter jets just now. There are also carrier-based aircraft and various types of missile drills, which you haven’t seen yet. But it’s already lunch time, so please continue the inspection after eating!”

After a short rest after lunch, Yan Fengshan looked at the time, and the foreign reconnaissance satellite had already flown above us, so Yan Fengshan asked Mr. Zhong to board the command tower again.

A silver medium-sized fighter was dragged out of the hangar. Following the order of the major general of the Air Force, the medium-sized fighter immediately made a roar, gliding into the air with an incredible short distance, and disappeared after a while Between the blue sky and white clouds.

The radar soldier's expression became tense at this time: "Report, the radar has lost its target."

"Start the new radar!" Air Force major general issued an order decisively.

A few seconds later, the target appeared on the huge fluorescent screen again, and Mr. Mu smiled when he saw this: "Oh? The carrier-based aircraft can also be invisible?"

Liu Qiang said: "This is all due to the new aircraft engine developed by our aviation power experts. It is very powerful and can take off and land in a short distance. Since we can develop a heavy stealth aircraft, we can also develop When it comes to medium-sized carrier-based stealth aircraft, the principles of the two are the same, and the stealth paint used is also the same, and there is no big difference."

Fifteen minutes later, the plane returned to the ground, and there was a burst of warm applause in the command room. Mr. Zhong stood up and said loudly: "The successful development of a new type of carrier-based stealth aircraft has fulfilled one of my old man's dreams, and it is beyond the reach of the old man." It surpassed my imagination, and for this I would like to thank the vast number of scientific researchers and the officers and soldiers who have made outstanding contributions to this.”

Chapter 620 Summoned by the chief ([-] flowers plus more)

Officers, you look at me, I look at you, no one can understand what Mr. Zhong's nonsensical words mean.Seeing this situation, Mu Guoxing said with a smile: "Grandpa is most concerned about the development of carrier-based aircraft. He was always worried that the development of carrier-based aircraft would delay the launch date of the aircraft carrier. Now that you have obtained It was a success, of course I am very happy.”

After hearing Mu Guoxing's explanation, these officers finally understood the purpose of Mr. Zhong's words.Of course, Mu Guoxing would never say what Zhong Lao said in front of these people.If these officers knew that Mr. Zhong once said that he would die with peace if the aircraft carrier was not launched, what would it be like!

Mu Guoxing's cell phone rang, and when he picked it up, it was Director Huang from the No. [-] chief's office calling: "Is it Secretary Mu from Guangnan? The chief will summon you at nine o'clock tonight."

Mr. Zhong looked at Mu Guoxing: "Is it the [-]rd who wants to summon you? It seems that our itinerary has to be changed." Speaking of this, Mr. Zhong ordered his guard chief: "Notify the crew to get ready, We will return to the capital in half an hour!"

All of a sudden, the original plan was completely disrupted, but none of these officers dared to express any dissatisfaction. No one has ever dared to disobey the orders issued.

Since the inspection was to end ahead of schedule, Mr. Zhong naturally wanted to say something.This is what every leader has to do after the inspection. In the words of the officialdom, it means that the leader has to give instructions.

"Because time is urgent, I don't have time to watch the missile exercises. Our country's missile development has always been developing well, and it has always been at the advanced level in the world. Even if new products are developed, it is nothing more than icing on the cake. Through today I can also see that the scientific research institute has achieved very satisfactory scientific research results with the support of the army, and I am satisfied with this."

"Since the carrier-based aircraft is successful, it must be reported to the General Armament Department of the Military Commission immediately. After passing the inspection, a few aircraft will be produced first, and the pilots of the carrier-based aircraft will be trained. During the training process, problems will be continuously found and summed up. Make full preparations for mass production. We have built the aircraft carrier training base a long time ago, and we will strive to let them form combat effectiveness within half a year. By then, our aircraft carrier will not be far from launching. Haha, today I am So happy!"

Under the night, the capital city is full of bright lights and heavy traffic. This year’s spring comes very late. Although the Spring Festival has passed more than ten days, the weather is still very cold. From time to time, you can still see the unmelted snow.

The surface of the lakes in Zhonghai and Nanhai is flattened, and the crystal ice seals all the vitality in the bottom layer, leaving a clean but cold beauty and bright street lights facing each other silently.

This is the third time for Mu Guoxing to come to the residence of Chief No. [-]. Although he is already familiar with the way, but when he comes to the residence of the chief, he can't just break in casually. Under the leadership of the staff, he broke through a road The long corridor led to the reception room of Chief No. [-].

After brewing tea and taking a few sips, a staff member walked in: "The chief is here!"

Chief No. [-] was naturally very kind when he saw Mu Guoxing. He held Mu Guoxing's hand and said, "Old Mu is in good health. We often talk on the phone, but we don't see each other several times a year."

Mu Guoxing replied respectfully: "Thank you chief for your concern, my grandfather is in good health!"

Chief No. [-] sat down on the sofa and motioned for Mu Guoxing to sit on the sofa next to him.Under normal circumstances, when the No. [-] chief meets the officials below, he always asks this person to sit opposite him, allowing Mu Guoxing to sit on the sofa next to him. This shows how much the No. [-] chief appreciates Mu Guoxing It's clear.

"You and Mr. Zhong went to the research institute to have a look? How is the situation?"

On the way here, Mu Guoxing also guessed that the No. [-] chief would definitely ask him about the scientific research institute, and he was already prepared in his heart, so he picked up important information and reported it.

Chief No. [-] nodded: "I asked you to come here today because I have a few things to talk to you about. It may take a little longer. Don't be shy about the conversation between the two of us today. Treat me as a An elder will do."

Although Chief No. [-] spoke so lightly, Mu Guoxing did not dare to relax in the slightest. Although it is no longer the feudal era of the past, the saying that companions are like companions to tigers was not invented just now.

Chief No. [-] looked at Mu Guoxing and said: "The three military scientific research institutes funded and established by Ssangyong Group have achieved very good scientific research results, and the central government is also very satisfied with this. It was also discussed in a meeting of the central government some time ago. This problem, the purchase of military equipment developed by the central government is also considered for the long-term development of scientific research institutes in the future. Let them be sold at the cost price plus an appropriate profit. For this part of the income, the central government will There will be tax exemptions.”

Mu Guoxing said: "I will definitely convey the commander's instructions to Ssangyong Group truthfully, and I will also do work for them to provide the country with military equipment at cost prices."

Chief No. [-] looked at Mu Guoxing and smiled slightly. He also understood what Mu Guoxing meant.Since Mu Guoxing embarked on his official career, he has never asked about the management of Ssangyong Group, which means that he has completely broken away from the business world.Mu Guoxing's status today is only the Secretary of the Provincial Party Committee of Guangnan Province, and cannot represent the Ssangyong Group. All he can do is to convey the instructions of the No. [-] chief to Ssangyong Group and mobilize Ssangyong Group to provide the country with military equipment at cost prices.

Chief No. [-] looked at Mu Guoxing with a smile. He found that every time he saw Mu Guoxing, there would be some changes in him. Now he is much more mature than before, and he has the demeanor of a politician.

"According to reports from relevant departments, the subprime mortgage crisis in the United States is gradually intensifying, and the situation is developing according to your prediction. I came to you today to hear how you predicted this problem. The U.S. subprime mortgage crisis occurred What is the root of it?"

To be honest, Mu Guoxing really didn't expect that the No. [-] chief would ask him this question. He thought that the No. [-] chief's summoning was just to learn about the current work situation in Guangnan Province, so he didn't make any preparations for it.Fortunately, Mu Guoxing is a Ph.D. in economics, and his research in this area is relatively in-depth. If he were the second person, he might not be able to answer such a big question.

The last time Chief No. [-] summoned Mu Guoxing, Mu Guoxing also introduced the situation to Chief No. [-]. He also knew that the last report was too theoretical. People may not understand everything.Presumably, Chief No. [-] has also heard introductions from some economists during this period of time, but these advanced economic theories cannot be understood in just one or two reports.

Mu Guoxing thought for a while, and said in plain language as much as possible: "Boss, the root cause of the US subprime mortgage crisis is determined by the greed of capital. For example, in order to make huge profits, US investment banks Use 20-30 times leverage to operate, assuming that a bank’s own assets are 30 billion, 30 times leverage is 900 billion. That is to say, the bank borrows 30 billion funds for investment with 900 billion assets as collateral. If the investment is profitable 5%, then the bank will get a profit of 45 billion, which is 150% profit compared to its own assets. Conversely, if the investment loss is 5%, then the bank will lose all its assets and still owe 15 billion.”

Chief No. [-] nodded and said, "I understand what you're talking about, but how do they actually operate here?"

Chapter 640 Where Does the Money Come From ([-] Flowers Plus Changes)

PS: There are still 12 hours until 3 o'clock, and the smiling flower is only enough to update 4 chapters. How much more can be made today depends on how much support you have in the next 3 hours. Chief No. [-] nodded and said: "I understand the truth you're talking about, but how do they actually operate in this regard?"

Mu Guoxing said: "Due to the high risk of leveraged * operations, according to normal regulations, banks cannot carry out such risky * operations. So someone came up with a way to use leveraged investment as 'insurance'. This This kind of insurance is called CDO (Collateralized Debt Obligation). For example, Bank A finds Institution B in order to avoid leverage risk. Institution B may be another bank, or an insurance company, and so on.”

"A said to B, how about you doing default insurance for my loan? I will pay you 5 million insurance premiums every year for 10 consecutive years, a total of 5 million. If my investment does not default, then you will pay the insurance premiums in vain. Take it, if you break the contract, you have to compensate me. A thinks, if I don’t break the contract, I can earn 45 billion, and use 5 million for insurance, and I can still make a net profit of 45 billion. If there is a default, Anyway, there is insurance to pay. So for A, this is a profitable business."

A smile appeared on the face of Chief No. 1. Mu Guoxing knew that he understood, and continued: "B is a shrewd person. He didn't immediately agree to A's invitation. Instead, he went back and did a statistical analysis, and found that he had violated the contract. The probability is less than 100%. If you do business with 500 companies, you can get a total of 50 billion in insurance money. If one of them defaults, the compensation amount is no more than 400 billion. Even if two default, you can still earn [-] billion. A and, Both B and B believe that the sale is beneficial to them, so they immediately make a deal and everyone is happy."

Chief No. [-] laughed out loud: "Such a big business has been achieved with very little money. Only those adventurers in the United States can think of such a way."

Mu Guoxing also said with a smile: "Yeah, these weird financial products made by the Americans are far more than that. What's even more ridiculous is still to come. After B made this insurance business, C was jealous C went to B and said, how about you sell me these 100 CDO orders, I will give you 2 million for each contract, a total of 200 billion.”

"B thinks, it will take me 400 years to get my 10 billion yuan, and now I have made 200 billion yuan in a change of hands, and there is no risk, so why not do it, so B and C will make a deal immediately. In this way, CDO The CDS that are divided into pieces flow to the financial market like stocks and can be traded and bought and sold.”

"Actually, after C got these CDS, he didn't want to wait 10 years to collect 200 billion, but put them on the market at a price of 220 billion; D saw this product, and calculated, 400 billion minus 220 billion, There is still 180 billion to be earned. This is the 'original stock', which is not expensive, so I bought it immediately. After changing hands, C earned 20 billion. Since then, these CDS have been repeatedly speculated in the market. Now the CDS market total The value has reached 62 trillion U.S. dollars. In this way, the bubble is getting bigger and bigger, and the virtual finance is getting more and more prosperous.”

Chief No. [-] nodded: "The virtual economy is only prosperous on the surface. Without the support of the real economy, there will be big problems sooner or later."

Mu Guoxing said: "What the chief executive said is very correct, and that is the truth. I have already reported to the chief executives what kind of American subprime loans are at the Politburo study meeting last time. What I want to report today is this kind of thing. The dangers of virtual prosperity."

"A, B, C, D, E, F, etc. we just talked about are all making a lot of money, so where does the money come from? Fundamentally speaking, the money comes from A and his peers. A similar investor's profits, and most of their profits come from subprime loans in the United States."

"People say that the subprime mortgage crisis is due to lending money to the poor, but I think the subprime mortgage is mainly given to ordinary American real estate investors. The rapid rise has inspired real estate speculation. They mortgage their houses and take out loans to buy investment properties. The interest on such loans is more than 8%-9%, which is difficult to deal with with their own income, but they You can continue to mortgage the house to the bank, borrow money to pay interest, and do nothing. At this time, A is very happy, because his investment is making money for him; B ​​is also very happy, because the market default rate is very low, and the insurance business can continue; C's, D's, E's, F's and so on all follow and make money."

While listening, Chief No. [-] picked up his teacup, smiled and motioned for Mu Guoxing to drink tea, and asked, "You have spoken very well this time, and you are in-depth and simple. What will happen next?"

Mu Guoxing added: "House prices can't go up when they rise to a certain level, and no one will take over the offer later. At this time, real estate speculators are anxious like ants on a hot pot. The house can't be sold. The interest has to be paid non-stop, and finally the day when there is no way out, the house is dumped to the bank, and the initial default occurs.”

"At this time, A felt a bit of regret. He couldn't make a lot of money, but he couldn't lose there. Anyway, B was insured. B was not worried, anyway, the insurance had been sold to C. So where is the CDS insurance now? In the hands of G. G just spent 300 billion to buy 100 CDS from F, and before he could change hands, he suddenly received news that these CDS were downgraded, and 20 of them defaulted, which greatly exceeded the original estimate of 1 % to 2% default rate. Each default has to pay 50 billion in insurance, with a total expenditure of 1000 billion. Adding 300 billion CDS acquisition fees, the total loss of G is 1300 billion. Although G is the top 10 in the United States Large institutions cannot afford such a huge loss, so G is on the verge of bankruptcy."

Chief No. [-] said with a smile: "At this time, the domino phenomenon will occur, and the financial crisis in the United States will inevitably occur."

Mu Guoxing said: "Yes, the chief is right. If G goes bankrupt, the insurance that A spent 5 million US dollars to buy will be ruined. What's worse, because A uses the principle of leverage to invest, according to the previous analysis , A loses all its assets and is not enough to repay the debt. Therefore, A is also facing the danger of bankruptcy. In addition to A, there are A2, A3, ..., A20, all of which are ready to go bankrupt. Therefore, G, A, A2, ... ..., A20 came to the US Secretary of the Treasury together, lobbying with snot and tears, G must not go bankrupt, once it goes bankrupt, everyone will be ruined. The Secretary of the Treasury softened his heart and nationalized G. Since then, the insurance premiums of A, ..., A20 totaled 1000 billion US dollars and were all paid by American taxpayers."

Chief No. [-] laughed: "This is very similar to the current situation in the United States. According to reports from relevant departments, the U.S. government is planning to nationalize the two major mortgage lenders, Fannie Mae and Freddie Mac. will bear a heavy debt burden, so will the U.S. government's nationalization of these two major mortgage loans save the financial crisis caused by subprime loans?"

Mu Guoxing shook his head: "I don't think this is possible. The market value of the 100 CDS mentioned above is 300 billion. And the total market value of CDS is 62 trillion. Assuming that 10% of them default, then There are 6.2 trillion defaulted CDS. This figure is 300 times that of 207 billion. If the U.S. government pays 300 billion after purchasing CDS worth 1000 billion, then the U.S. government will pay 20.7 billion for the rest of the defaulted CDS. Trillions. If you don’t pay, you will watch A21, A22, A23, etc. go bankrupt one by one. The assumptions and figures used in the above calculations may be different from the actual situation, but the severity of the US financial crisis cannot be underestimated. of."

Chief No. 20 nodded and said: "The debt of more than 20 trillion U.S. dollars is enough for the U.S. government to pay. Now their government's deficit has increased year after year, and it has reached an astronomical figure. If we add the more than [-] yuan Billion, I think it is very difficult for them to turn around again. What I want to know now is, what is the root cause of this situation?"

Mu Guoxing replied without hesitation: "I think there are three main reasons for this situation. First, in order to promote economic growth, the U.S. government encourages people to live beyond their means and spend crazily ahead. Second, the social distribution relationship is seriously unbalanced. The income of the middle and lower classes has not risen but has fallen. Third, the financial industry is seriously lacking in supervision, which lures ordinary people to consume ahead of schedule through borrowing and speculate in the market.”

"Okay, the three things you summed up are very good! They are also completely consistent with the central government's analysis. It's a pity that the plan you and Mr. Wu made to deal with the financial crisis has been leaked. Otherwise, our country can take advantage of this It is a once-in-a-lifetime opportunity to vigorously develop our country's economy, but judging from the current situation, we can only respond passively!"

Chapter 660 Speculative subject ([-] flowers plus more)

PS: There are still 12 hours until 3 o'clock, and the smiling flowers are only enough to update 4 chapters. How much more you can get today depends on how much you support in the next 3 hours

After Chief No. [-] finished speaking, both of them fell into silence for a while, feeling sorry for the loss of such a once-in-a-lifetime opportunity.

After a while, Mu Guoxing said: "Chief, although we have taken passive measures this time, because we have made preparations in advance, we have withdrawn a large amount of funds secretly. In addition, the ten regulations formulated to stimulate domestic demand Our country can also maintain a good economic growth momentum in this financial turmoil sweeping the world. Western countries led by the United States will inevitably decline gradually in this financial turmoil, and our country can borrow This opportunity has grown gradually and further expanded its international influence. Although the situation we are facing is also very severe, our future is still very bright."

No. [-] did not speak, nodded, and Mu Guoxing said again: "I am not very worried about the next-generation crisis and financial turmoil in the United States. What I am most worried about now is that if we do not take decisive action now, we will The country's subprime mortgage crisis may also occur in the not-too-distant future."

Chief No. [-]'s face immediately turned serious, looked at Mu Guoxing and said, "Our country's subprime mortgage crisis? What does this mean? Don't worry about continuing to talk."

Mu Guoxing was also taken aback when he saw the face of Chief No. [-], but his strong sense of responsibility drove him to continue: "The non-performing loans generated by housing loans are mainly caused by speculative real estate speculation, with obvious signs of our country. Compared with the US-style subprime mortgage crisis, the subprime mortgage crisis in our country has distinct characteristics, and the harm it produces may be even greater.”

Chief No. [-]’s face became more serious, and Mu Guoxing said cautiously: “Our country’s subprime mortgage crisis and the American-style subprime mortgage crisis are both caused by the bursting of the real estate bubble on the surface, but it led to the real estate bubble. The ways and reasons for the collapse are very different. Because the United States is a relatively free market economy, the economy is mainly market-oriented, so it is necessary to innovate financial means and relax the lending conditions for home buyers, so that more people To buy houses, developers will build more houses, thus promoting the development of American real estate.”

"But our country is completely different. The market economy is still far from perfect. Real estate has not been truly market-oriented, but is dominated by government actions, macroeconomic trends and indicators. The development of the real estate industry is not complete. Linking with demand, but linking with the government's financial needs, economic data and even the performance of officials, this is the main reason for the serious disconnection between the supply and demand of China's real estate. It is also the bubble that has not burst and the crisis has come relatively slowly , the main reason why real estate development is not sensitive to market signals. If the US subprime mortgage crisis is caused by the US government’s lax supervision and control, then our subprime mortgage crisis is caused by the government’s excessive control of the market. His harm is greater than the subprime mortgage crisis in the United States!"

"Our country's credit system is still relatively lacking. According to the investigation of relevant departments, the personal credit certificates provided by individual housing mortgage loans are basically false. Some speculative professional real estate speculators may not have the first real estate speculator Two sources of income, but they can use some fraudulent means to create an income level of any scale to meet the formal requirements of commercial banks for mortgage loans."

"Some professional real estate speculators own more than ten or dozens of mortgaged houses, and the income certificates issued to meet the bank credit requirements are all more than [-] yuan a month, but in fact these people are basically unemployed. These professional real estate speculators do not apply for mortgage loans from the bank based on their actual income, but decide the size of the mortgage loan based on how many sets of down payments the funds on hand can make up. In order to obtain more benefits, real estate speculators Investors always try to maximize their financial leverage."

"Mortgage loans in the United States are mainly used for consumption, which is a real final consumption; while most of the houses in our country are purchased by real estate speculators, and they are not directly used for consumption after purchase, but for hoarding. Increase the resale price of the house by controlling the house supply, so as to resell it for profiteering. Therefore, this speculative behavior is not a final consumption behavior, but a continuation of the production process, and finally has to be borne by the final consumer. But this kind of real estate speculation plays a serious role in damaging the production and consumption of normal housing. It artificially raises housing prices, thereby greatly reducing effective consumer demand."

"As long as housing prices do not maintain a relatively large upward trend, my country's subprime mortgage crisis will appear immediately. Because once housing prices stop rising, it is impossible to generate speculative income from real estate speculation. However, if there is any disturbance in the mortgage market, The quality of bank loans will not be guaranteed. Therefore, in the long run, the American-style subprime mortgage crisis can be avoided by improving the quality of mortgage lenders, but if my country's subprime mortgage crisis continues in its current state, it will be Inevitable. As long as the housing mortgage market is dominated by speculation, the financial crisis is inevitable, and it will come more directly."

Mu Guoxing said so much in one breath, and he knew very well that what he said might make Chief No. [-] unhappy, but he really hoped that Chief No. [-] would be an enlightened politician and would not be fooled by some people in front of him. Even if you are confused by illusions, you can also listen to different opinions, and even some sharp words.

After a while, Chief No. [-] asked again: "Do we have any good solutions to this problem?"

Seeing that the No. [-] chief didn't feel disgusted, and the words have reached this level, naturally he can no longer back down, Mu Guoxing thought for a while, and continued: "First of all, our country's income structure is doomed. The asymmetry between production and consumption in the real estate field, the current income structure is in the shape of a dumbbell, why is it called a dumbbell-shaped structure? Because the very small end of the dumbbell accounts for a small part of the total population of the country Proportion of high-income groups, and the wealth status of some of these people is solidified by the system, and they can achieve self-mediation and self-compensation at the expense of the interests of other groups, and they are not affected by the economic crisis. This is different from most other countries."

"Export, investment, and consumption are the three drivers that drive the economy. In the past few years, we relied too much on investment and export. Now that the international situation has changed suddenly, domestic macroeconomic policies must be adjusted in time. What we need most now is to stimulate Domestic consumption, which is already insufficient, must not only make up for the gap in the past, but also enable consumption to occupy a strong position in promoting the development of the national economy."

"However, stimulating consumption is not so much an economic issue as a social issue. It is a systematic project, and it cannot be achieved overnight. Issues such as pensions, housing, education, and medical care have not been well resolved when the economy is up. When going down the channel, these problems will become more difficult to solve, and the problems will become more prominent, and this has not taken into account the impact of unexpected events that may have negative effects on the national economy and people's livelihood. Therefore, what we are now facing Social problems account for far more than economic problems."

Chief No. [-] held his teacup and thought silently. After a while, he put the undrinked teacup back on the coffee table, and said slowly: "Among some so-called economists nowadays, who dare to There are too few people who tell the truth and have a clear head. Some time ago, some economists suggested to the central government that we should vigorously develop the real estate market and make real estate one of the important pillars of our country's economic development. They deserve to hear what you have to say. What I want to know now is what concrete steps can be taken to prevent this from happening."

"Crack down on speculation in the real estate market, raise people's livelihood issues to a new level, and make great efforts to stimulate domestic demand."

Chief No. [-] nodded: "It seems that this time, you will have to work hard again. Don't rush back to Guangnan these few days, and organize the words you told me tonight, and write them to the Central Committee. Make a report. Now that some people are overheated, it seems that it is time for them to sober up."

One thousand 910 chapters of people's livelihood issues (680 flowers plus more)

PS: There are still 12 hours until 3 o'clock, and the smiling flower is only enough to update 4 chapters. How much more can be made today depends on how much support you have in the next 3 hours. Chief No. [-] nodded and said: "I understand the truth you're talking about, but how do they actually operate in this regard?"

Two people drink tea at the same time, which means that this topic is over.Putting down the teacup, Chief No. [-] said again: "After a while, the two sessions will be held. Do you have any better suggestions for the two sessions?"

Mu Guoxing said: "At the two sessions, the suggestions I am going to make to the central government are mainly about people's livelihood. Since the reform and opening up, China's people's livelihood has been continuously improved, which is obvious to all. As far as clothing and food are concerned, China's Now the problem of food and clothing has been solved, and the so-called poverty stage has passed. However, with the development of the times, people's livelihood issues are also developing. Although few people have food and clothing, people pay more attention to housing, transportation and Everyone has their own new requirements on issues such as equality of rights and interests and fairness of social distribution. Therefore, the issues of people's livelihood that we are facing now are actually deeper, more comprehensive, and more complicated."

Chief No. [-] nodded: "Be more specific,"

"First, 'difficult and expensive to see a doctor' is a very important social problem. The rapid increase in medical expenses has made rural and urban families extremely poor due to illness. Second, employment is the main source of economic income for the people. Unemployment means losing labor rights, interrupting the source of income, and life will be in trouble. Therefore, employment has become the primary issue of people's livelihood, and the employment issue is also crucial. Third, income distribution has become a major issue in people's livelihood today. The focus of the problem. The masses care about income distribution mainly because of two issues, one is the issue of income growth, and the other is the issue of income distribution gap.”

Chief No. [-] said: "The central government has now attached great importance to this issue. Since the reform and opening up, the income levels of urban and rural residents have greatly improved, especially in recent years. Institutional, development and public policy deficiencies, the income distribution gap between urban and rural residents is also widening. The income gap between urban and rural areas is the highest in the world, and the income gap between urban and rural areas is still expanding. The gap is the most obvious. And the urban-rural education gap, government public investment gap, urban-rural consumption gap, employment gap, and urban-rural medical gap are also widening.”

"This is mainly manifested in five aspects. First, the lag of public goods and public welfare. Second, the incompleteness of the social security mechanism. Third, the continuous rise in resource prices. Fourth, the rapid increase in taxation. Fifth, People’s wage income is growing slowly. The path we have envisaged for people’s livelihood is to develop the economy first, and then solve people’s livelihood problems after we have enough funds. However, the long-term neglect of people’s livelihood issues has led to a certain degree of waste of funds and The low utilization rate keeps delaying the resolution of people's livelihood issues. All of these are constantly eroding the people's ability to bear and make them increasingly vulnerable. Now it seems that this problem has reached the point where it must be solved. "

Chief No. [-] took a sip of tea, calmed down a bit, and said: "The country is based on the people, and the people put their livelihood first. If the problems of people's livelihood are not resolved, there will be no stability in the country, and there will be no social stability." Harmony. Paying attention to, improving and benefiting the people's livelihood is not only the foundation of state governance, but also the top priority of building a harmonious society. However, for a long time, we have chosen a path of people's livelihood development that is "walking in step" and egalitarianism "big pot rice" Practice has proved that what it brings can only be 'common poverty', and of course it cannot fundamentally solve the problem of people's livelihood."

"Currently in our country, not only is the gap between the rich and the poor showing a widening trend, but people's livelihood issues such as employment, education, medical care, safety production, and social barriers are also becoming increasingly prominent. If these issues are related to the survival of the people, if they are not resolved for a long time, they will not only be detrimental to society. Harmony may even lead to social crisis. Putting people's livelihood issues as the top priority, specifically, we must pay close attention to the five practical issues of employment, education, distribution, social security, and stability. The central government believes that the solution to people's livelihood issues requires a Rely on development, and secondly rely on the party's policies. The improvement of people's livelihood and the solution of people's livelihood problems ultimately rely on development and reform. However, this kind of development must lead the overall situation with the scientific development concept, and must coordinate economic and social development. Promote the solution of social problems and the continuous improvement of people's livelihood through economic development."

Chief No. [-] rarely speaks so much when summoning lower-level officials. This time, he said so much, which indeed shows that the central government has attached great importance to this issue. Chief No. [-] also expressed his feelings at this time.

Mu Guoxing secretly breathed a sigh of relief, he knew that today's conversation did not cause the No. [-] chief to be dissatisfied with him, which shows that the No. [-] chief is still a great politician who is open-minded and able to serve the country and the people.

The No. [-] chief said: "The central government is very satisfied with your work in Guangnan this year. You have gone ahead of other provinces and cities in terms of people's livelihood issues. This shows that you, the secretary of the provincial party committee, still have a lot to offer." It’s a trick. As I said just now, the solution to people’s livelihood depends on development first, and policies second. You have done a very good job of grasping the key point of development and paying attention to people’s livelihood at the same time.”

"As long as the people's livelihood is done well, there will be no social turmoil in our country. As the saying goes, the country is peaceful and the people are safe, and the country's political situation is stable, and the people can live a happy life. It will promote the harmony of our society, and the two complement each other."

Chief No. [-] looked at Mu Guoxing with admiration: "I sometimes think about how your head grows. You have a very accurate and long-term perspective on problems. It seems that the person trained by Mr. Mu is the same as you." It's different."

Mu Guoxing said modestly: "Thank you for your praise! I will continue to work hard in the future. I will never disappoint the expectations of the central government."

No. [-] nodded: "The central government has listed Guangnan as a pilot project. After you gain experience in the people's livelihood work in Guangnan Province, the central government will summarize it in time and gradually spread it across the country. We are such a big country. , some things cannot be rushed. Whether a policy of the central government can be fully implemented depends on whether the time is ripe. Some provinces are not so enthusiastic about the central policy. The interests of the department have blinded these people's eyes, making them short-sighted, and they can't see how long-term they are. In this two sessions, the central government will also solve this problem."