Chapter 2173
The Complexity of Business
"Tsk tsk...those John Bulls are really dark-skinned."
"The most unscrupulous people in this world are those in finance." Lou Xiao'e looked at the remittance slip in her hand and couldn't help but gasp in astonishment.
Now, transferring money from John Bull back to Hong Kong Island is not as simple as it is in later times, where all you need is a computer.
It can be said that small amounts of money are not a big deal.
However, large sums of money could not be transferred out before June of this year.
There's nothing else to it; before the Iron Lady of the Bull family came to power, there was always foreign exchange control.
Furthermore, if the normal procedures are followed, the taxes will be quite high, and it is very likely that Lou Xiao'e's efforts will only amount to working for the John Bull government.
Of course, at Lou Xiao'e's level, there are naturally financial institutions that provide services specifically for her.
There are legitimate and legal ways to help her evade taxes on the huge sums of money she earns.
For example, purchasing machinery and real estate from John Bull, and investing in local companies, etc.
In this way, it is estimated that 20% of the money Lou Xiao'e was about to earn would be taken away as profit.
There's nothing we can do about it.
If Lou Xiao'e really pocketed all the money she earned in the London precious metals market...
That 100 pounds will at least be taxed by John Bull, who will take 65 to 85 pounds.
Back then, what América called the New Deal was nothing more than skinning the rich and bleeding them dry, and then giving the poor a way to survive.
It is said that the maximum tax received is 95%.
Of course, there were those who refused, but those who refused are probably no longer around.
There's nowhere to run, and even the rich can't just lie down and relax...
This is much harsher than the methods we used against Lou Bancheng and his ilk after liberation.
The fun parts are right here.
In fact, the methods América used during that period were quite ruthless.
But now, when people talk about the Roosevelt New Deal era, they think of the Roosevelt era.
It was still all praise, with no negative comments whatsoever.
Everyone acknowledges Amarica's greatness from that time onward.
"Sister-in-law, you should be secretly happy."
Fortunately, we are in Hong Kong Island. The foreigners are still trying to save face, so they can't really call us outsiders.
Therefore, we have no choice but to turn a blind eye to your transfer of money back to Hong Kong Island.
You should try somewhere else.
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Those people will become even more ruthless. The plump and round-faced Guo Shumiao sat on the sofa with her legs crossed.
His words revealed a deep disdain for those working in the financial industry.
She came here today to try and form an alliance.
She wasn't sure when the opportunity He Yuzhu mentioned would come, or when it would be best to start the task assigned to her by her superiors to win over a group of business partners to acquire shares in a certain bank.
She's even a little embarrassed to talk to people like Hu Sheng about this now.
The Hong Kong stock market is currently booming, so it's time to enter the market and acquire other people's shares.
It's not necessarily true that they can beat those bookmakers.
However, the necessary preparations should definitely be made in advance.
Opportunities are fleeting.
If you don't prepare in advance, the opportunity will come tomorrow, but people like Lou Xiao'e have already spent their money today.
Then all her preparations were for nothing.
"Don't worry, your sister-in-law knows why you've come."
"I'll always have that money ready for you." Lou Xiao'e looked at Guo Shumiao, who seemed hesitant, and said with a smile. "No, what I'm worried about is that your money, if it's always in a bank account, even if it's spread across multiple accounts, some people might still be eyeing you, right?" Guo Shumiao shook her head, denying Lou Xiao'e's teasing. Official business was indeed very important to her.
But she always knew where her roots lay.
It can be said that without Lou Xiao'e's immense wealth, she would not have achieved her current fame and the attention she receives from higher authorities.
Furthermore, the relationship between the two families would definitely make her lean more towards Lou Xiao'e's side.
"I have an idea about this."
Xinghua will take care of this matter now.
The money I raise will be used to import various machines from Armaerica and John Bull, and then resell them to the mainland.
"They've also made some money in the gold market back in Beijing, and they need to spend it quickly." Lou Xiao'e casually remarked, turning her unexpected income into business profits.
This also avoids the situation where a large sum of money is actually placed in a bank account and becomes a target for malicious individuals.
This is all normal.
These days, even if you deposit a million in a bank, you'll have financial managers every day trying to get depositors to entrust their money to them for management.
Only when money is frequently traded can those people profit from it.
Moreover, it involves a huge sum of money, often in the hundreds of millions.
I wonder how many more years it will be before that woman from the John Bull family falls down.
If Lou Xiao'e had simply left the money in the bank, even the Hong Kong government would likely have been frequently trying to persuade her to stay.
This is slightly different from her recent decision to sell her Hong Kong Island properties and deposit the money in the bank.
Simply put, because of Lou Xiao'e's success in the gold market, her mascot-like qualities have been remembered again by the Hong Kong market.
The entry of Lou Xiao'e with substantial funds into the Hong Kong market would be a powerful boost to its further prosperity.
The hotter the Hong Kong market, the easier it is for foreign capital to withdraw.
Although the foreign capitalists probably already saw through Lou Xiao'e's intention to withdraw last time.
But that's just how things are. It's like a gambling master; everyone knows how to shuffle and change cards, so it comes down to who has the better skill.
To put it bluntly, those people dared to trip up Lou Xiao'e in the economic sphere.
However, he correctly predicted that Lou Xiao'e would not dare to reveal the truth about the current prosperity of the Hong Kong market.
After all, as long as John Bull doesn't return Hong Kong Island to us, they will be the ones in charge there.
So-called economic market freedom is nothing more than the emperor's new clothes.
What is true freedom?
Just like Lou Xiao'e's investment in gold this time, she dared to throw hundreds of millions of yuan into it.
That's because she has a large group of powerful backers who can support her.
A large portion of the profits she cashed out were used to purchase various heavy machinery in Ameryca.
This is a welcome relief for the America industrial sector, which is currently experiencing economic stagnation.
Therefore, Americard Capital is currently Lou Xiao'e's natural backer.
However, a few days ago, Lou Xiao'e made a statement in front of the Hong Kong media, saying that she would transfer all her money back to Hong Kong.
This is yet another instance of using John Bull's capital to put pressure on America.
This creates a balance, preventing either of the two giant beasts from taking any bites off her.
As long as she abides by the business rules set by the foreigners and doesn't make reckless investments, those people can't do anything to her now.
Business matters are just that complicated.
If they weren't a bit less intelligent, they would have been devoured long ago, leaving not even a trace.
Putting everything else aside, if He Yuzhu were to handle this, he probably wouldn't make a penny. (End of Chapter)