Chapter 3897

These past few days, Su Xinghui inspected some villages in the whole city, mainly to check the situation of this village-level change of term election and the implementation situation of the Village Affairs Supervision Committee. The village-level organization is the most grassroots organization in our country, which is equivalent to the cornerstone, which is very important. If the cornerstone is rotten, how can the building built on the cornerstone be stable?

The inspection situation these past few days was relatively good. This time, because the whole city attached great importance to the village-level change of term election, this change of term election was carried out very formally. No one dared to go through the motions again. And this time, the common people in the village also attached great importance to their democratic rights. They seriously elected their village two-committee members and supervision committee members.

After this round, Linshan City also reached spring. The various projects that stopped because the winter was too cold began to resume work again. Linshan City suddenly seemed to come alive, full of vitality.

However, Su Xinghui's mood was very heavy. This was naturally because the Chuanxi earthquake was coming soon. Thinking of that day, Su Xinghui's heart ached. Although he had already let Yu Ruizhi's foundation build many earthquake-resistant public welfare schools in Chuanxi, it was impossible to replace all the houses with earthquake-resistant ones, and it was impossible to let those tens of millions of people leave the earthquake zone.

Therefore, he could only wait and pray that his efforts in this life could play some role and reduce some casualties.

Su Xinghui called Yu Ruizhi from time to time these days to ask about his situation. Yu Ruizhi was also in Chuanxi these days. He was still looking at the situation of those earthquake-resistant public welfare schools built by his Xinhuo Foundation in Chuanxi because it was also spring in Chuanxi now, so those construction sites also resumed work.

Every time Yu Ruizhi received Su Xinghui's call, he would happily tell him that in another month, several more schools would be completed. Every time a school was completed, it was the happiest time for Yu Ruizhi.

Just as Yu Ruizhi himself said, doing public welfare undertakings can make people addicted. He had done public welfare undertakings for so many years and could no longer leave public welfare.

Now making money was too simple for Yu Ruizhi. Money to him was just a number. The industries he invested in were all high-profit industries, and he didn't need to manage them. He almost put most of his energy into charity and public welfare undertakings.

Yu Ruizhi also said that he was preparing to let Tongbao Group supply milk to these public welfare schools for free to supplement the nutrition for those children.

Now the matter of Tongbao Group acquiring Shuanglin Dairy had settled. Tongbao Group successfully swallowed Shuanglin Dairy, a behemoth, with a "snake swallowing an elephant." After integration, it was about to resume work immediately. In this way, Tongbao Group's production capacity would expand by about two times at once, truly ranking among the top dairy companies in the country.

Moreover, now Tongbao Group was the company with the best reputation in the national dairy industry. How could such a company not take off?

Yu Ruizhi also held a certain percentage of shares in the new Tongbao Group, so he could let Tongbao Group supply milk to his public welfare schools for free.

Su Xinghui very much approved of his approach. Supplying milk to these children for free could make their nutrition more balanced, make them grow taller, and have better physical quality, which had important significance for the future of the children.

Su Xinghui also told Yu Ruizhi a method to let him recruit more workers in the poor mountainous areas of Chuanxi and let them work in some of Yu Ruizhi's enterprises, which could also let more people get rid of poverty and get rich, and let their families live a better life.

Yu Ruizhi said that he had thought of this long ago. He had already started recruiting workers in Chuanxi. Not only him, but Hou Wenhai, Mi Xiuyuan, Xu Xiaoguang, and others were also recruiting many workers in some poor areas. During this period, they recruited at least several thousand workers in the Chuanxi area to work in their enterprises.

Su Xinghui was very gratified to hear this news. These people were recruited to work in Yu Ruizhi's enterprises and would not lose their lives in this big earthquake. Saving some people is saving some people, which would make Su Xinghui feel better.

Just at this time, Mi Xiuyuan came to Linshan.

2008 was a very special year. This year, a snow disaster occurred, a big earthquake was about to happen, and the Beijing Olympics were to be held. And in 2008, a financial crisis would also occur, which was the subprime mortgage crisis that broke out from the United States.

The subprime mortgage crisis actually had signs as early as 2006. After more than a year of brewing, by the end of last year, several banks had already gone bankrupt, which caused more widespread panic. Now this sign was becoming more and more intense, and it was already very obvious this year.

This subprime mortgage crisis would break out comprehensively between August and September of 2008, thereby triggering a global financial crisis.

Of course, the bankruptcy time of these several banks was different from Su Xinghui's previous life, but generally speaking, it was not too different. Although there was a small butterfly like Su Xinghui who was reborn and flapped his wings, the wheels of history still rolled forward with huge inertia, unstoppable.

Su Xinghui had reminded Mi Xiuyuan and others since the beginning of last year that the bubble in the US real estate market was very likely to burst, letting them take advantage of this opportunity to gain some benefits in the US financial market.

Su Xinghui only needed to remind a general idea. Mi Xiuyuan and the others had professional traders under their command, so they naturally knew how to do it. They used many accounts to lay out in the US financial market in advance and did many operations. Although they were very low-key, they gained a lot. Now Mi Xiuyuan and the others had already earned very rich profits, but not many people knew.

The US subprime mortgage crisis was actually a kind of real estate bubble. In the past two years, US housing prices had also risen very abnormally, with too large an increase and too fast a speed, and many speculators. To meet the capital needs of speculators, many US banks used various ways to increase investment in the financial market, inducing speculators to enter the market.

The result of doing this was naturally to increase the risk because there were too many speculators entering the market, and the threshold for their loans naturally decreased. And after their loans increased significantly, their repayment ability naturally could not cope.

Such a practice had no problem at the beginning, but now, it had reached a critical point. The bankruptcy of those several banks sounded an alarm for everyone, but now many people were already riding a tiger and finding it hard to get off. Speculators had to continue to speculate, and banks had to continue to lend. When the day the real estate bubble burst came, it would brew a huge storm.

Mi Xiuyuan came this time and was very high-spirited. The Hong Kong consortium headed by the Mi Group he managed gained a lot in this battle. This was meat slowly pulled down from the US financial market with a small knife. How could Mi Xiuyuan's mood not be good?

Therefore, Mi Xiuyuan came to Linshan. One was to thank Su Xinghui, and the other was to ask Su Xinghui what would happen next.

Although Su Xinghui was not a recognized financial expert, Mi Xiuyuan knew that Su Xinghui's sense of smell in this regard was very sensitive. That battle ten years ago made the Mi Group's assets almost double, and this time, Mi Xiuyuan would naturally believe Su Xinghui's words.

As soon as he arrived at Su Xinghui's office, Mi Xiuyuan said with a smile, "Xinghui, this time it's thanks to you again. This time we made a big profit again."

Su Xinghui smiled and said, "How much did you earn this time?"

Mi Xiuyuan leaned to Su Xinghui's front, whispered a number, and then laughed loudly. Su Xinghui also laughed, but his heart was still very shocked. He didn't expect Mi Xiuyuan and the others to earn so much, which could almost create another Mi Group.

This was not strange at all. With Su Xinghui's prophecy, Mi Xiuyuan and the others could prepare in advance. Plus, Mi Xiuyuan and the others had top financial experts and traders under their command, so they could naturally obtain huge profits.

Of course, this also had to do with this subprime mortgage crisis happening in the United States. Anyway, it had nothing to do with Mi Xiuyuan and the others. They had no psychological burden when they operated. As long as they knew the trend, how could they not profit?

Su Xinghui said, "Your intervention, no one will notice, right?"

Mi Xiuyuan said, "Of course it's impossible to make people not notice at all, but they can't know too much because this time we used many traders. Each trader was in a different place, and they didn't know each other's existence. And we also registered many accounts. The locations of these accounts were all overseas, not in Hong Kong at all. Therefore, except for me, no one could know the whole picture."