Chapter 82:
When the economy regressed, people''s purchasing power became a joke. After a decrease in ie, there was no strict sense of "consumption"; instead, it became a necessity to make ends meet. However, not everything during an economic downturn followed the downward trend of economic indicators. For example, birth rates and abortion rates may not decline simrly.
After an economic downturn, opportunities for entertainment became scarcer. Due to prolonged unemployment, certain needs would intensify amid restlessness. Consequently, a wave of newborns would be part of this scenario, continuously impacting already unstable families. Some families, originally nning to have children, may choose to abort due to economic difficulties.
The baby boom and abortion rates were not contradictory, adding an interesting dimension to the situation. Crime rates would also noticeably increase as many individuals, pressured by life, resorted to illegal activities to meet basic needs. Some may even willinglymit crimes to secure free meals in prison.
In this stressful and anxious environment, society would experience a pathological condition, and wealth would rapidly flow from the lower strata to the upper echelons. Ordinary peoplecked channels for fair exchange throughbor, and their money was gradually drained during the struggle to sustain life. This money ended up in the hands of capitalists, leading to the emergence of anti-wealth sentiments in society.
During economic recessions and societal downturns, it was a time for capitalists to revel. However, certain industries quietly thrived, and their growth was closely rted to the societalndscape.
Discount stores, retail, and some wholesale markets became highly sought after. People must n their consumption meticulously, including the middle ss, who could no longer indulge in the pleasures of wealth as freely as before.
This became one of the few opportunities for the middle ss to connect with the lower strata. They would stop driving because fuel cost money; instead, they would carry shopping baskets like many ordinary people, scrutinizing every detail.
Industries rted to agriculture also experienced a certain degree of growth. Many households began cultivating edible crops near their residences to supplement their needs. If not for restrictions on keeping livestock and poultry in urban areas, these people might even raise cows.
Among numerous foundation investment projects, funds flowing into agriculture and animal husbandry increased significantly. Investment banks and funds were particrly sensitive to market changes, and their allocation in agriculture and animal husbandry investments reflected future economic trends.
If there was an anticipated economic development in the future, funds would be invested in appropriate industries or financial sectors. However, a significant shift towardsrge-scale investment in agriculture and animal husbandry, at the expense of other investments, signaled an approaching economic winter. Many tended to overlook this issue.
Tobo, alcohol, and the entertainment industry also experienced rapid and vigorous growth. Cigarettes and alcohol provided temporary relief from worries, while the entertainment industry allowed people to momentarily forget life''s hardships. If the price of this happiness wasn''t too high, people would allocate some money to purchase it.
With an uing storm that would break down the already semi-solidified walls of the Baylor Federation''s capitalist ruling ss, some artificially created barriers and walls would shatter. Less noticeable industries would be easier to enter.
Of course, in addition to these factors, the second-hand market would experience an unprecedented boom. This was why Lin Qi wanted to establish a newpany, covering the entire state, dedicated to the trading and auctioning of second-hand goods.
He had the right timing and conditions. This time, he nned to make a substantial profit. If nothing unexpected happened, after this storm passed, a business genius would rise here.
However, discussing these matters now seemed somewhat redundant. Lin Qi briefly exined to Mr. Fox and his son, touching on the entertainment industry''s alternative revenue stream.
"The entertainment industry, particrly entertainment rted to culture, profits from two main sources. Firstly, normal operational ie..." Lin Qi raised a finger, "I believe you can understand andprehend that."
Mr. Fox and his son nodded. Operational ie, like making movies and selling tickets, represented the operational earnings.
Lin Qi then raised a second finger and continued, "The second partes from subsidies provided by the federal government..."
Mr. Fox and his son exchanged a nce. Lin Qi''s exnation truly sparked their interest. From fearing the federal government to considering taking a piece of their pie, they, who were recently involved in potentially illegal activities, suddenly felt a surge of excitement.
However, they wondered if the federal government''s meal was really delicious.
"Society is about to be restless. Arge number of unemployed individuals will be an instability factor in every city. Coupled with the federal government''s self-reliance stance, which has already triggered some issues in the internationalmunity, alleviating social pressure, appeasing public sentiment, and seekingmon ground in the internationalmunity have be crucial tasks for the federal government''s next phase."
Lin Qi paused at this point and suddenly asked, "Mr. Fox, if you met a foreigner, under what circumstances would you, in the shortest time possible, ept the foreigner and be friends with them?"
Mr. Fox thought for a moment and said, "If we canmunicate in the samenguage, if he knows about some things I talk about and I know about some things he talks about, if we havemon topics or even shared hobbies, we would quickly be friends."
Lin Qi pointed at him, "Exactly. Culturalmonality. We rarely have the time to sit down and earnestly read a foreign book, even if it''s a world-ss ssic."
"But we can genuinely and carefully watch a foreign film, even contemting the things behind the film. That''s what makes movies special."
"The entertainment industry can not only help the upper ss appease the dissatisfaction of the lower ss regarding societal structures and reduce friction and conflicts between different sses but can also export moremonality and recognition internationally. Doing these things not only allows for legitimate profit and federal government subsidies but also eliminates concerns about retaliation from certain interest groups. This is an industry with a future."
Lin Qi said a lot, and Mr. Fox was very intrigued. Fox Junior was also fascinated. He studied management, not sociology or financial economics, so he didn''t understand these things. However, he felt that what Lin Qi said made sense.
He looked at Mr. Fox, as if wanting to confirm his father''s attitude. Mr. Fox then asked a very direct question, "Lin Qi, my friend. If we follow your advice and invest in the entertainment industry, would you join us as a shareholder?"
In Mr. Fox''s view, if the entertainment industry could really make money, Lin Qi wouldn''t miss this opportunity.
After spending this time together, he had a clear and profound understanding of Lin Qi. Lin Qi was a pure businessman. All his actions were aimed at seeking maximum profit, including helping him transition from illegal to legal,undering the money. These were the efforts Lin Qi made to bite into his flesh, but Mr. Fox didn''t dislike this calction, or rather, didn''t dislike Lin Qi''s methods.
If there were more people like Lin Qi, who could continuously multiply his assets, that would be even better.Please vote for this novel at /series/ckstone-code/Please do not delete thisHow to find a list of chaptersPlease find the chapterbel next to your favorite trantor''s name, and click thebel.