My American magical life
Chapter 867 - 867 52 The Wind Rises at Nanhua 5_3

867: Chapter 52: The Wind Rises at Nanhua 5_3 867: Chapter 52: The Wind Rises at Nanhua 5_3 “I know this might sound like nonsense, but friends, in my view, World War I and World War II were essentially collisions of industrial capacities.

Once Germany chose the Austro-Hungarian and Italy as allies in WWI, it was set for a difficult victory—unless they bet right every step of the way.”

“Or to put it another way…

The production capacity of Ford’s Model T explained everything.

We can’t predict the future, but I can show you, show you just how astonishing Suzhou’s industrial capacity is.”

“Don’t compare GDP, that’s a deceitful numbers game.

From the perspective of purchasing power parity, the industrial capacity of Suzhou alone surpasses France.”

“So, I’m not just introducing you to a new energy vehicle industry project.

What I’m presenting to you is a region that will revolutionize the global automotive industry layout in the future!”

Cheng Daqi stood up and walked to the window of the restaurant, against the complex gazes of his guests.

Outside the window was Suzhou’s Jinji Lake, illuminated by the night lights.

“Thirty years ago, this place was a swamp; thirty years later, it’s the most developed industrial area in the world, without a rival.”

“The development model of Hua Country is widely questioned for its sustainability, but what I see is that even if it’s slowing down, it remains the fastest developing region—still without a rival.”

“By the way, Mi’er and I bought a large amount of Tesla stock, not because their electric cars are that good, but because they have set up a factory in Hua Country.”

Sandi is the one among us who understands finance or, shall we say, the workings of capital the best, as she herself works in investment banking.

“Chan, I understand that you’re very optimistic about the opportunities in Hua Country, including our respective families, the Dracula Group of Li Jian, and so on, we’ve all made significant investments in Hua Country.

But I’m more interested in the angle from which you deconstruct the issue.

Why would you talk about history, even going back to WWI, for what seems like an ordinary investment?”

“What’s wrong with talking about WWI?

I like it, Chan.

This approach is more interesting than those who only talk data.”

Giorgio made his comment lightheartedly without any psychological burden.

He didn’t quite agree with Cheng Daqi’s nonsense, but since he didn’t plan to invest, doing a small favor didn’t bother him.

“War and peace, the eternal themes of humanity.

What I’m saying is that from the perspective of industrial capacity, America has already lost, and without a doubt, we’re destined to lose, everyone.

Our America is just waiting to die, the only question is, how exactly it will happen.”

Talking about how America will die in front of a group of America’s heirs is to say, Mr.

Cheng certainly has the guts.

Giorgio paused momentarily, then spoke softly.

“I very much agree, I believe Sandi understands this too.

The problem with America is that no one wants to solve the trouble.

It is doomed to decline, and I have been diversifying my investments in different regions overseas.”

“But this decline will take a long time, and even if it truly declines, America will still be a major influential country.

As for war…

I don’t believe anyone would dare to do that.”

Cheng Daqi’s astonishing speculation actually wasn’t anything novel.

In 2019, Hua Country’s public intellectuals still thought America was invincible, but inside America, many had already started to be bearish about their own country.

The financial crisis had passed a decade ago, but the problems had yet to be solved.

The big capitalists’ solution was to exert all their efforts to shirk responsibility and keep away from that terrible bomb.

That’s all there was to it.

There wasn’t any unified Deep State or super interest group; the capital struggle is more brutal than what ordinary people might imagine.

They each had their own interests, so how could they possibly unite or sacrifice for others?

“No, how could America decline?

We have the world’s most advanced technology, the best education system, the most powerful military.

Are you guys joking?”

The Consul from Hu City was starting to sweat from his forehead.

He knew that everyone in the room was an heir or a big shot from America, but what on earth were they talking about?

“The most advanced technology might not be that useful.

Advanced and useful are two different things, and what is useful is not necessarily user-friendly.

The Third Reich still had some of the world’s highest technological levels when it fell, and the nuclear weapons research of the USA, UK, and USSR was greatly influenced by it.”

Sandi commented.

She understood the consul’s anxiety, but having researched opportunities within the technology innovation sector abundantly, she was acutely aware that America’s so-called advanced technology was just so-so.

The most advanced doesn’t mean the most useful.

There’s a vast difference between laboratory verification and practical application, a brutal truth that nobody dares to speak out loud, yet it remains a stark reality.

Advanced isn’t necessarily user-friendly; research and development is even riskier than venture capital investment.

Buffett never invested in tech companies, and one reason he invested in Apple was because he saw that Apple had stopped innovating…

“The best education system is a matter of propaganda.

Our American system is the quintessence of elite education.

However, current elite education can’t mass-produce engineers, and the mismatch between industrial transformation and value has led to the changing careers of smart people; they’re becoming doctors and lawyers instead.”

“Lawyers and doctors can’t contribute to the manufacturing sector.

Industrial capacity indeed is key, Chan.

On this point, what you’re saying is in line with what I’ve always believed,” Giorgio said, with more openness than others.

He wasn’t a family successor and had been working outside America for years, so he was indifferent to America’s future.

“I have a say when it comes to the most powerful military, haha, our family does business with the Pentagon.

Mr.

Consul, America’s military can’t even control Afghanistan, let alone other larger countries.

Never mind, let’s not talk about this.”