mother
2024-04-20T14:17:59+00:00
"According to the dogmatic requirements for liquidating the manufacturing industry, what creditors can recover, apart from the equipment that has already been fully depreciated, is the land and buildings. The value of the land depends on appreciation or rent, and the liquidation can only be effective when there is at least an equally efficient industry suitable for deployment on the original land. Otherwise, it might be better to sell it off piecemeal. In this process, the value of the original technology, management, organizational labor skills, and brand has already dissipated.
Stepping back to speak, the debt-to-equity conversion supported by the central bank or fiscal measures is a form of guaranteed credit expansion as long as the stock price can trend towards a high level, there is an opportunity to act and digest the crisis before the bubble bursts. At this time, there is still an opportunity to shift towards subsidizing and expanding liquidity. And when even the subsidizing and expanding liquidity cannot alleviate the situation, the credit of the sovereign currency will ultimately be sacrificed, and the equalizing institutions will gradually lose their room for action and eventually lose their functions. The country will also lose its regulatory capacity, and ultimately become a more mediocre form of governance, including the loss of hegemony, the opening of civil rights, and the regression of modernity."
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Stepping back to speak, the debt-to-equity conversion supported by the central bank or fiscal measures is a form of guaranteed credit expansion as long as the stock price can trend towards a high level, there is an opportunity to act and digest the crisis before the bubble bursts. At this time, there is still an opportunity to shift towards subsidizing and expanding liquidity. And when even the subsidizing and expanding liquidity cannot alleviate the situation, the credit of the sovereign currency will ultimately be sacrificed, and the equalizing institutions will gradually lose their room for action and eventually lose their functions. The country will also lose its regulatory capacity, and ultimately become a more mediocre form of governance, including the loss of hegemony, the opening of civil rights, and the regression of modernity."
看不懂