Rebirth: Super Banking System

Chapter 488: Chapter 398 Economic Penetration, A Stirring (Seeking Subscriptions!)_1

As for these ’fixed’ assets that are buried underground and cannot be cashed out, Talents wished he could give them all away for money, thus having another source of income. As for what the other party wanted these resources for, he didn’t care at all. He didn’t think they could be used to manufacture guns or cannons. He only supposed that there might be a need for them on the Thai side.

As for these people using these resources for steel smelting?

Heh, don’t be ridiculous.

He admitted that the opposition was quite ’progressive,’ having already started banking and printing money. However, this did not mean that the conditions here could allow for industrialization. Not only money, but also equipment, technology, trained workers, the market, and so forth would be needed. No matter how hard a bunch of ’illiterates’ try, they can only produce a bunch of inferior products.

Who wants that? Are they supposed to absorb it?

Therefore,

Talents, after weighing the pros and cons, agreed.

As long as there was money to be made, that was all that mattered.

Moreover, in Talents’ view, this was also a bridge to maintain relations. A direct refusal during this special period would not be a wise choice.

”There’s no problem with that. We have a fair amount of minerals here. The only issue is that mining and transportation require large equipment and vehicles. If you can provide those, we can extract them and sell them to you,” Talents revealed the difficulties and his choice, which was to mine these resources himself and to let you buy them. Selling the mineral rights directly would be like inviting the wolf into the house, and he wasn’t that foolish.

”That’s fine. Our Myanmar Bank can provide equipment. If you don’t want to pay in cash, we can also provide Asia Dollar loans, but loans are only for purchasing equipment,” the Fighter revealed his real purpose.

The Fighter dared not help in rebuilding the roads, lest Talents starts to overthink. Poor transportation is both a disadvantage here and something these powers rely on for survival. Extending your reach into someone else’s core territory by building roads and bridges... no one is that foolish nowadays.

Loan?

That term seemed a bit novel to Talents.

Although it means the same as high-interest lending.

”Myanmar Bank?” Talents asked, frowning.

He then remembered this institution that issued the Asia Dollars.

”Yes, this is a bank we established ourselves. You can borrow from us to purchase equipment, interest-free. You helm the extraction, and we take care of the recycling. Before the loan is repaid, the price of minerals can be settled in Asia Dollars to offset the loan. After the loan is repaid, you can choose to receive USD or other currencies,” the Fighter slowly explained.

Did Tang Qing really set his sights on the mines here? Of course not... well, maybe a bit, since having an additional mining area means an increase in production. But the true objective was to expand the influence of the Asia Dollar and, incidentally, to ease the tense situation between the two parties.

Actually, when the profits from business far exceeded the income from peanut farming, a large number of people under Talents were sent to work in trade and commerce. These people could easily stop engaging in the peanut trade. After all, why should a person engage in peanut-selling when the benefits from his job outweigh those from peanut-growing? Is it fun?

This is Tang Qing’s strategy. Since Talents’ side can’t be directly conquered, why not change the way production is done on his side, to see if they can ’defect’ and make him give up planting peanuts. That would be a good deed.

Even when the opportunity arises,

They could completely take over this place peacefully, by then, Talents would have lost his ability to resist.

Once Talents accepts this loan and starts the transaction, he won’t have a way out.

Talents has been a leader for many years. He doesn’t know much about economics and only looks at things from a simple interest point of view. Obviously, this business can be done.

After carefully considering the logic within,

Talents, frowning, raised his head and asked, ”Are you saying that we only get our money after we have repaid the loan?”