Read light novels, web novels, Chinese novels, Korean novels, Japanese novels and books online for FREE.
Font Size
18px
Now reading: Chapter 383 - 0381 Innocent and Lovely [This - is sponsored from Darkstone Code, a Drama novel by Tripod.

This ti Lynch was invited over for a chat, in order to gather so information; this society is composed of millions of such relationships, forming a vast network.

Lynch chatted with Mr. Wardrick for about an hour before leaving. Standing behind the study’s glass window and watching Lynch depart, Mr. Wardrick’s expression remained calm.

He walked back to the desk, sat down in the chair, touched the fingertips of his ten fingers together, and pondered his earlier conversation with Lynch.

Looking at the Federation’s dostic economic situation, according to the dia and people’s words, it seems pretty good.

The worsening trend has stopped, so factories have started to resu operations, the economy seems to be warming up, and light is about to tear through the darkness.

But actually, it’s not like that. The dia only reports good news, positive news that uplifts people, whereas the reality is not significantly better than before.

Products dumped from free trade zones have destroyed more dium and small enterprises, which in the eyes of the Federation’s capitalists is simply... bizarre, or a miracle.

Imported goods are sold locally at prices lower than the local production cost of similar goods, a phenonon that exists only in the mouths of swindlers, but has now beco reality!

The other party bears ocean shipping costs and various expenses, yet they remain profitable. No rchant opens a factory to produce goods out of altruism, so how do they do it?

These questions have troubled the Federation’s rchants endlessly, even if they make adjustnts to production processes, raw materials, and workers’ wages, they still lack competitiveness.

So institutions have been commissioned to investigate these dumped products, and they found an astonishing result: the producers of these dumped goods rely on subsidies from their governnt to profit.

They severely suffer losses from dumping at ultra-low prices that crowd out similar Federation goods, yet their governnt provides substantial financial subsidies and various incentives, enabling them not only to avoid losses but also to earn big profits elsewhere.

This has exacerbated the dumping trend towards the Federation, causing many non-resilient factories to go bankrupt under the onslaught of cheap goods, and then these cheap goods gradually increase in price until they can ensure cost recovery and even achieve profitability.

Matches and lighters, these ubiquitous small products, have entirely succumbed to imported goods in the South.

Southern local factories cannot compete on price with imported dumped products and have fully gone bankrupt, except for a few that are barely holding on; the rest are finished.

If transported from the Central or other places, it is clearly not cost-effective as logistics costs make these originally worthless items non-competitive, so Southern distributors are importing these goods, cheaper than local production costs, en masse from overseas rchants.

anwhile, these products also feature so higher-spec few luxury items of the sa brand, surprisingly with decent sales.

In fact, it’s not just matches and lighters facing these issues, many things face these issues, including Mr. Wardrick’s consortium, which is likewise affected by a variety of dumping products, creating a sense of crisis.

Within the consortium, there are so thoughts; everyone is seeking money abroad, so why doesn’t the consortium follow this trend and open up international markets?

This idea is not a mainstream opinion within the consortium, and Mr. Wardrick himself holds this view, even being one of the proponents of such a trend.

Yet more individuals maintain a conservative attitude, and these people are currently pushing so new proposals to change the current situation.

For instance, they plan to push for a certain protection act, allowing banks to provide enterprises with long-term low-interest or even interest-free loans to help them weather the crisis.

Also, they’re actively planning to push for a bill to raise tariffs on dumped products, artificially increasing the sales cost of these products within the Federation to secure survival opportunities for all enterprises.

But ultimately, these are passive asures; once new situations arise, they will again fall into passivity, which is why so young people, like Mr. Wardrick, hope to fundantally change the situation by obtaining external resources to support dostic consortia.

Using proactive attacks to replace passive defenses has the advantage that even if new situations arise in the future, the impact on the consortium will be minimal.

Yet those old tirs—indeed, Mr. Wardrick is already in his fifties, but he remains a "young man," occupying a position at his level within the consortium, and most are in their sixties or seventies, or even older, older gentlen. He’s only just over fifty and still so young.

These old tirs, who’ve experienced multiple historical stages of the Federation, have conservatism ingrained into their bones. Compared to more proper thods they’re good at, Mr. Wardrick and his peers’ ideas seem a bit radical.

They didn’t express disagreent, nor firmly oppose it, rather they need to persuade each other.

This is perhaps the consortium’s final "freedom"; they need to canvass support in board etings, persuading opponents to stand by their side, forming a majority group, then securing a resolution.

It sounds complicated, but actually follows the sa routine politicians play—most of the ti.

Gathering so information from Lynch’s side while releasing so signals provides Mr. Wardrick with a better speech when persuading others to join him—"I have discussed these matters with Mr. Lynch before."

It sounds sowhat incredible; when did Lynch gain such prestige?

Actually, this matter cannot simply be introduced under concepts like status, prestige, authority; Lynch happens to be deeply involved in this series of issues, and this involvent in the matter itself gives him temporary weighting in terms of status, prestige, and authority.

This is akin to Mr. Truman before taking his current position; people didn’t pay much attention to him. Now the attention is not on him personally, but rather the subjective controllable power endowed to him by his office.

So when those Mr. Wardrick needs to persuade hear "Mr. Lynch", they will seriously consider Mr. Wardrick’s proposals, but the na "Mr. Lynch" is limited to use in this matter.

If discussing other matters and any person ntions "Mr. Lynch," people will rely scoff, for he lacks influence in those areas. He himself doesn’t have that level of influence.

Mr. Wardrick, who had been contemplating for a long ti on his chair, picked up the phone; he needed to arrange so people’s upcoming work.

Since the turmoil in the Alia Region aligns with the Federation’s current interests, then aligning with Lynch, or rather complying with Mr. Truman and the President’s national policy direction, has evidently beco very important.

Following Mr. Wardrick’s phone call, so individuals under the guise of investigation in the Alia Region began clandestine contacts with those rebel groups; they had everything the rebel groups wanted in their hands.

Weapons, ammunition, dicine, money, and opportunities to leave the region. Of course, Mr. Wardrick very subtly, non-prominently expressed his demand, which is to make a big headline!

The negotiations continued the next morning.

Sitting across the negotiation table, everyone had stern faces. Lynch was purely unwilling to show a good face to these people; they fundantally couldn’t understand the current situation, nor grasp that Nagariel indeed lacked the basic capacity to resist the Federation’s demands.

They lacked the rights and strength to haggle with the Federation. The fact that Lynch and his team made such "concessions" actually reflects the Federation’s diplomatic policies and thods still being insufficiently tough.

This shouldn’t be blad on the Federation Governnt too, as they need ti to learn how to strongly make others bow, but of course, before that, the navy battle must be won, as only then can Federation diplomats gain confidence—they’ve defeated the world’s number one.

Compared to Lynch’s sour face, mbers of the Nagariel delegation also looked dreadful; Lynch’s unequivocal threats made them tremble once more, and Mr. Truman’s unconditional support attitude also frightened them.

Lynch is a madman; who threatens to go to war for unt conditions in negotiations?

This isn’t a diplomatic negotiation, is it?

But circumstances are weaker than people, and apart from enduring, what else can they do?

They discussed these matters with those think tanks yesterday afternoon; the think tanks simply pointed out so obvious issues, yet how to decide still remained in their hands.

Actually, whether the currency system collapses has no value to them. What truly bothers them is having to fork out real silver to eat into Federation Sol, and the amount isn’t small. This is the request they’re unwilling to accept.

Unfortunately, Lynch had already seen through them from the beginning, which is also a deadly flaw brought by hereditary power, where the ruling family’s interests outweigh the interests of the nation, only considering themselves rather than the country’s and people’s future.

"Mr. Lynch, we have discussed the ideas you proposed yesterday, and there are a few issues." The representative of Nagariel stared at Lynch, fearing he might lose his temper suddenly.

Lynch didn’t refuse to let them propose conditions, rather he nodded for them to continue, saving the breakdown for a future ti.

"The first issue, can you reduce the number proposed by you? Five hundred billion Sol roughly equals five trillion Gafura; the national treasury can’t provide that money."

"The second issue, even if we can agree on specific numbers, United Bank also finds it difficult to disburse such a large amount at once, ultimately relying on local banks themselves."

"We’ve discussed whether, if these foreign exchanges are consud, they can be allocated to different investing banks’ own reserves?"

"The third issue, we also deeply feel Gafura’s massive fluctuations in the foreign exchange market, and are considering whether it can peg its exchange rate to the Federation’s rate by seizing the opportunity of consuming Federation Sol?"

Lynch nearly burst into laughter upon hearing these three points.

Bullshit you wish!

You are reading Darkstone Code Chapter 383 - 0381 Innocent and Lovely [This - is sponsored on WuxiaFull. Use Previous, Chapter List, or Next to continue.
Share this chapter
Bookmark saves this novel to your account. Reading History keeps recent chapters in this browser.
Continuous reading

You May Also Like

Boarding Life cover
Same genre

Boarding Life

Relatives do not wait ·Drama

QinQiisaplayerlivingwithhisstep-motherandstep-sisterandalsoattractsmanygirlsatschool.“I'vekneeledforyou,nowcanyoudeletethephotos?”“Comeon,ifyoudowe...

Supreme Vision Master cover
Trending now

Supreme Vision Master

Mo Yan ·Fantasy

Cultivationdestroyed,eyespoisonedblindandrobbedofherstatusinthehousehold? LuoQingtongnarrowshereyesandsneers,“Bringiton!Letmeteachyoualesson!” A24t...

User Comments

0 comments from readers

Post Comment
By posting a comment, you agree to all relevant terms.
There are currently no comments. Join the community and start the discussion.
Please create an account or sign in to post a comment.