I Have 10 Trillion Dollars only Usable For Simping
Chapter 1290 - 891 The person who takes over a losing proposition

Chapter 1290: 891 The person who takes over a losing proposition

The debt of Hengsheng Group, if evenly distributed among every individual, calculated by household, would likely be enough for each family to buy a large appliance.

One can easily imagine.

Some real estate companies, during the wave of the era’s dividends, indulged in unrestrained madness.

But tides rise and fall.

Now, there are already signs of ebbing.

And those who swam naked, when disaster struck, some ended up in jail for "indecent exposure," while others, not yet fully exposed, hid underwater, living in constant fear.

"The course of history is always like this. After a period of rapid development, there will inevitably be a phase of growing pains."

Growing pains.

This was how Sui Huimin summarized the current situation of Hengsheng Group—or rather, the real estate industry as a whole.

To this, Jiang Chen, of course, had no comments to offer.

Sui Huimin glanced around.

"When I was studying at Kyoto University, Capital City wasn’t like this. Over just a few decades, I watched skyscrapers rise one after another, saw the city transform into a global center of attention. The lessons of history are not unknown to us, but oftentimes, there simply are no better choices."

Sui Huimin withdrew his gaze and looked at the silent young man. "Your perspective, I admire very much. To have the compassion to care for the world at such a young age is rare and commendable. However, your measures are inadequately thought out."

Jiang Chen didn’t need to speak. This high-ranking leader, seemingly drawn into the topic by him, continued at a steady pace, "Providing housing benefits to grassroots delivery riders does indeed foster loyalty and creates competition with other companies. But have you thought about the ripple effects this might create in society at large?"

"You are an entrepreneur, not a philanthropist. Even if it’s not entirely free, a house originally priced at five million yuan, sold by you at cost for two million, would cause what kind of shock to the entire housing market?"

Jiang Chen met his gaze.

Sui Huimin’s demeanor remained calm. "It’s foreseeable that the general public’s faith in the real estate market would be utterly shattered. Real estate companies, left without breathing space, would collapse one after the other. Right now, it’s just Hengsheng, but by then, who can guarantee how many more will follow?"

As Jiang Chen was about to speak, perhaps intending to explain, the other party gave him no immediate opportunity to do so.

"The disturbance to real estate is just one aspect. Another, equally concerning, is this: When a job with no professional thresholds, requiring only physical labor, starts offering rewards far exceeding societal norms—surely with your level of intelligence, you understand what kind of repercussions this will trigger."

Jiang Chen was momentarily stunned.

Then, as if awakening from a dream, he came to a sudden realization.

He had anticipated the shock to real estate, but this second point, he had indeed failed to consider.

And compared to the former, the consequences of this second issue might prove even more severe.

Health benefits, generous salaries, and access to "employee-discounted" housing—all of these welfare programs were offered without any qualifications!

The lack of a barrier to entry was, in itself, a terrifying prospect.

Because.

It made pursuing education entirely meaningless!

Why do ordinary people place so much importance on education?

Why do countless students endure years of hardship and toil in their academic pursuits?

Now, all of this could be achieved simply by expending a bit of physical strength!

If that’s the case.

What’s the point of ten years of arduous study?

One or two people thinking this way wouldn’t matter, but if this perception became pervasive throughout society, the consequences for a nation would be catastrophic!

If education became optional in people’s eyes, who would take up the responsibilities of national defense, scientific research, industry, network communication, or even basic utilities and public services in the future?

Global competition, more often than not, is a competition of talent.

Labor, indeed, is honorable.

But how can professions not have their hierarchies?

A society could function without food delivery riders, but not without astronauts, scientists, engineers, or programmers...

"I lacked thorough consideration."

A now-enlightened Jiang Chen readily admitted his mistake.

Though the other party spoke with an understated tone, the implications were of a magnitude that could ruin a nation. Were this ancient times, a displeased emperor might have had him executed.

Of course.

Times have changed. While his intentions were innocent, the now-conscious Jiang Chen couldn’t help but feel a pang of guilt.

"You’re still young. If you were able to think through and account for everything perfectly at your age, that would be unusual."

With a faint smile, Sui Huimin set the tone for this matter.

If they really intended to hold Jiang Chen accountable, they wouldn’t be discussing it so calmly here.

"Your intentions are good, but good intentions don’t necessarily lead to good outcomes. That’s why people often say that even well-meaning actions can result in harm. Providing additional benefits for employees—no one could object to that. But you can’t break the fundamental rules."

"Labor and effort should correspond proportionally."

Proportionally.

Which is to say, one must not excessively overstep.

The stable functioning of society is built on a foundation of balance.

"I understand."

Jiang Chen ultimately recognized the gap between himself and these seasoned elders.

Indeed.

He was still too inexperienced.

"Don’t forget to chastise Cao Yatou on my behalf. It’s forgivable if you didn’t think it through, but she should have known better."

A peaceful smile spread across Sui Huimin’s face as he spoke.

Jiang Chen could do nothing but nod in agreement.

"Shall we continue?"

Sui Huimin resumed pushing his bicycle.

Jiang Chen followed alongside, pushing his own bike. So far, this morning walk had been incredibly enlightening and rewarding for him.

"Earlier, you mentioned you wanted to talk to me about Hengsheng Group..."

Sui Huimin returned to the topic at hand.

Jiang Chen offered a wry smile. "After your lesson just now, I feel it’s unnecessary to bring it up anymore."

"Young man, don’t be so narrow-minded. This wasn’t a lesson, merely an exchange of thoughts."

With a smile, Sui Huimin continued, "If you have something on your mind, feel free to speak."

Jiang Chen pushed his bike, keeping pace with the elder.

"I want to take over Hengsheng Group."

He spoke his mind, and what he said was truly earth-shattering!

"What did you say?"

Sui Huimin abruptly stopped after taking just a few steps.

Jiang Chen also stopped and repeated himself.

"I want to take over Hengsheng Group."

Sui Huimin gazed at him for a long moment, his expression of disbelief hard to conceal. It was evident how much of a shock Jiang Chen’s words had delivered.

"You want to take over Hengsheng Group?"

Even after Jiang Chen repeated it twice, he confirmed it once more. His face lost all traces of a smile, and his gaze deepened with an overwhelming, oppressive aura, as profound as an abyss or sea.

Jiang Chen nodded calmly.

"Hengsheng Group is burdened with trillions in debt—you know that very well."

This didn’t require emphasis. Even an ordinary person on the street would be well aware.

"I know."

Jiang Chen responded, "I initially wanted to take over Hengsheng Group to repurpose its stalled projects as part of fulfilling my promise of providing affordable housing for employees. But after hearing your advice just now, I realize I might not have thought it through entirely."

Sui Huimin pressed his lips together, his gaze flickering with complex emotions.

What was said earlier was one thing.

But if someone were willing to take on the enormous mess that was Hengsheng Group, then perhaps every issue could be reevaluated and properly negotiated.

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