Chapter 2748 Gold Card
Foundation headquarters.
Solomon looked at the huge debt lists and fell into emo again.
If he wasn't afraid that the entire Rothschild family would be slaughtered, Solomon really wanted to run away with the 100 trillion (in Great Xia currency) he had collected from global capital.
Michelle reported at this time: "Mr. Rothschild, the current national debt of the hegemony is huge, and the debt interest expenses are increasing. It is already on the verge of a thunderbolt.
The impact of the subprime mortgage crisis is still spreading. Last time, we even raised interest rates in order to short the Sakura Country.
This month, the think tank conducted a detailed calculation and estimated the size of the national debt at the end of this year from 20 trillion U.S. dollars to 22 trillion U.S. dollars.
Solomon's mouth twitched.
22 trillion national currency!!!
According to the current exchange rate, it is close to 150 trillion Great Xia coins!!!
In other words, even if he put in all the money he had raised from around the world, it would not be enough to pay off his debts.
Of course, it is impossible to pay off the national debt, but this number is so exaggerated that it is a bit scary.
How much interest will be paid out every year if the national debt of 22 trillion U.S. dollars is used for nothing? How many richest people in various countries can be created?
If Chen Mo had not appeared, if he had not caused so many troubles, and if there had not been the final battle, Solomon would not have had to worry about these debts.
Because when the hegemonic country is thriving, people around the world who buy U.S. bonds will not choose to sell them. No matter how big the hegemonic country's debt problem is, it is just a number on the books.
But it’s different now. Chen Mo is watching closely from the sidelines, making it clear that he wants to short the hegemony. At this time, the US debt is already in jeopardy. If the numbers continue to expand, it will be like walking on a tightrope with a bomb in hand!
Perhaps we don't even need to wait until the final battle. Any unexpected incident in the middle, such as a sudden sell-off by a major treasury bond holder, can trigger a treasury debt crisis for the hegemonic country.
"Do you have any good suggestions?" Solomon asked.
Michel thought for a moment and said, “We must find a way to weaken the hegemonic currency, reduce borrowing costs, reshape the global trade system, and put the hegemonic industry on a more equal footing in global competition.”
Solomon said impatiently: "Of course I know this. What I'm asking you is the method! The specific implementation method! Is there any way to reduce the debt burden of the hegemonic country?"
After thinking for a moment, Michelle said, "Two solutions: First, find a way to increase the hegemonic country's various incomes; second, convert part of the short-term debt into ultra-long-term bonds to reduce the debt burden."
Hearing this, Solomon's eyes rolled, and then he slapped the table: "Got it! I figured it out!"
"Let the main gods come to the meeting!!! Everyone come!"
Soon, all the main gods arrived.
Solomon coughed lightly and said calmly: "Everyone knows that Baguo is the base camp of our foundation. If Baguo collapses, the foundation will no longer exist.
The debt problem of the hegemonic country is very, very serious now, so I have come up with two solutions, and I hope everyone can implement them. "
All the main gods frowned and looked at Solomon.
"First, the short-term way I can think of to increase income is to get a brand new visa. I will temporarily name it the "Gold Card" and set the price at 500 million Ba Guo Currency. If the effect is good, the price will continue to increase.
As you all know, nowadays, as long as a child is born on the land of a hegemonic country, he can have the nationality of that hegemonic country. This is simply insane!
The welfare benefits here are so high, why should we give them to those illegal immigrants at zero cost?
Another one is the EB-5 investment immigration visa. If you invest 50 EB- dollars, you can get a green card. The price is a bit too cheap.
To sum up, if I want to make money, I can either cancel the policy of allowing children to get a visa upon arrival, or use my gold card to replace the EB-5 investment immigration visa!
"Think about it, if each of the 280 million immigrants each year could receive 500 million Ba Guo currency, how much would that be?
14 trillion national currency!!! Is that true?!"
"And this is just the initial threshold. We need to screen out enough people in Mane to knock on the door first, and then we will do everything we can to squeeze out more money!"
All the main gods felt a darkness before their eyes.
What the fuck is this idea?
Anyone with 500 million Ba Guo currency can be considered a small wealthy person in any country, even a Ba Guo country. Why would they have to think hard and buy your gold card?
Moreover, doing so is equivalent to killing the goose that lays the golden eggs. It can indeed increase a large amount of cash flow in the short term, but in the long term it is equivalent to cutting off the population of the hegemonic country!
however……
No one objects!
Because the foundation is really short of money now, and Chen Mo is eyeing it covetously, we really have to find a way to get more money in the short term to relieve the pressure.
"Do you have any opinion on this?" Solomon asked.
The fifth Lord God said: “Well… I think we can also launch a limited-time trial card at the same time.
For example, the gold card is permanent and costs 500 million Ba Guo coins.
The silver card offers a 10-year trial period and costs 50 Ba Guo coins.
The bronze card offers a one-year trial and costs 1 Ba Guo coins.
At the same time, let’s introduce a lottery mechanism.
Silver cards have a 10% chance of being upgraded to gold cards with a critical hit. Collecting 10 silver cards can be exchanged for gold cards. Bronze cards have a 1% chance of being upgraded to gold cards with a critical hit. Collecting 100 bronze cards can be exchanged for gold cards.
This will satisfy people from all walks of life to buy cards and also stimulate them to gamble.
Think about it, the trial period for the silver card is 10 years. You must be thinking that if I only buy the silver card, then I don’t need to spend 500 million, right?
In fact, the silver card is just a trial card. If you don’t upgrade to a gold card, you will never get citizenship, and you cannot enjoy the rights of a citizen of a hegemonic country in many things.
So once someone buys a silver card, you either have to spend enough money to upgrade to a gold card, or you'll just lose the money.
As for the bronze card, it is for those gamblers. After all, it costs almost the same to risk your life to go through the route, so why not spend 5 to try that 1% chance? Even if you don't win, you still have a year to experience it. When the time is up, you can find a way to stay. It's much better than taking risks to go through the route!"
After he finished speaking, Solomon couldn't help but applaud: "Good!!! That's very well said!!!"
"Just do it!"
The Lord God wanted to say something but stopped himself, feeling extremely strange in his heart.
But Solomon did not give the main gods time to digest their emotions and continued: "The second point is what I want to emphasize today.
The hegemonic country's debt problem has expanded so much that it has seriously affected the operation of the foundation.
My idea is to convert some of the short-term debt into ultra-long-term bonds to reduce the debt burden.”
"The specific method is that you all go to the allies of the hegemonic country and ask them to buy the hegemonic country's long-term government bonds."
At this time, Hannibal spoke up: "How long is this long term? Five years? Ten years? Or twenty years?"
According to basic common sense, bonds with a term of more than 10 years are already very long.
However, at this time, Solomon calmly spit out a number: "100 years."
