The initial implementation of shock therapy in Bolivia received incredible miraculous results. Less than a week after the therapy was implemented, hyperinflation was strongly curbed, and prices stabilized from soaring. In 1986-1987, the inflation rate was only 10%-15%, 21.5% in 1988, and 16.6% in 1989. The national economy gradually rebounded after a brief decline. The first year of the implementation of shock therapy, that is, the GDP fell by 2.9% in 1986, but the growth momentum of about 2.5% in the following years was maintained. At the same time, due to effective measures, the debt problem was significantly alleviated, and Bolivia eventually overcame the serious debt crisis.

The first victory of shock therapy in Bolivia won a very high reputation for Sachs. The amazing changes that took place in Bolivia are called the "Bolivian miracle", and Sachs himself is also known as the "golden boy in the international financial world". Shock therapy has also become famous all over the world and attracted much attention.

Therefore, no one can predict the future. Shock therapy, which was quite successful in Bolivia, failed in the Soviet Union and Eastern Europe. In fact, the reason is not complicated. Lao Tzu said: Treating a big country is like cooking small fresh food. Such a fierce economic policy may be used in small countries, but it may immediately become a terminal illness when used in large countries. Therefore, in the Soviet Union and Eastern Europe, the turmoil in small countries such as the Czech Republic is relatively small, but when it comes to Russia? Cough cough, it’s better not to mention it!

Therefore, economic prescriptions should also vary from country to country. A big country like China and the former Soviet Union can only take it step by step like cooking small food.

However, Jing Jian has not reached the level of worrying about the country and the people at all. For him, he simply wants the people around him, including their families, to live better. After thinking about it, Jing Jian patted Cao Haiyan: "There may be an investment opportunity. I will take you together this time and prepare 20,000 US dollars."

"What opportunity? Is it still the US stock market?" Cao Haiyan raised her head, with a strong interest in her eyes. Microsoft's success finally made her appreciate a new world.

"It's indeed the stock market, but not in the United States." Jing Jian stood up, "I made an appointment with someone this morning, and I can't guarantee success. Maybe I'll have lunch together, so I'll accompany you in the afternoon."

"No!" Cao Haiyan hugged Jing Jian and kept acting coquettishly, "Don't steal my money!"

"Haha." I understood that Cao Haiyan was acting coquettishly, but in fact she had already agreed. Jing Jian smiled and said, "Don't worry, I'm really losing money, I'll compensate you."

"No!" Cao Haiyan refused to give in, "You have already asked for my people and want my money. Why is my life so miserable!"

"Haha, stop making trouble!"

"No!...ah! Please, please, let me go!"

"Haha, I'll teach you a word - to burn your body! You're not paying attention to your throat! Hahaha!"

"Uh! I bully people again, I want to resist, who is afraid of whom? Hehe..."

“…”

...

When Jing Jian rushed to the open-air bar by the sea, Jiang Zhijian and another person were already waiting there. After smiling and hugging, Jiang Zhijian introduced to Jing Jian: "This is Mr. Hu, my old friend from Baodao."

"Hello, Hu Qin." The Mr. Hu was a middle-aged man with a low figure and gentle appearance. He wore a pair of black-framed glasses. Although his face was smiling, he felt condescending.

Jing Jian is quite familiar with such expressions and actions. In his previous life, he had already dealt with such people countless times. If he guessed correctly, he should be an official from the treasure island. At this time, the treasure island was the same as the mainland, and the official aura was quite strong. Although Hu Qin was very enthusiastic, the sense of superiority could not be hidden.

"Hello, Jing Jian. Lucky, Lucky."

The three of them sat down and Jing Jian ordered a glass of juice. Jiang Zhijian introduced: "Although Xiao Jian, although Brother Hu is always in the United States, his family has many relationships on Baodao. If you have anything, just talk. We have been friends for more than ten years."

The Hu Qin smiled reservedly: "How can you be better than Jing Shao? As soon as you take action, the wind and clouds will be alarmed. I am a long time ago. Jing Shao, I heard that you came from the mainland?"

"Brother Hu, you're polite." Jing Jian spoke very carefully when dealing with such officials from the treasure island. Many such officials in the United States all have special identities. Before this, the reason why Jing Jian even wanted to give up the chance of the treasure island was because of this reason. He wanted to eat mutton, but he also didn't want to make the stinky sheep. "We are a cheerful person. Brother Jiang and Brother Hu are also their own people. It's just one thing. I want to go to the treasure island to make a fortune. Are you interested? You guys."

"Oh? What's the point?" Hu Qin asked.

"Stocks. I'm not hiding it from you, I have insider information."

"Oh? Can you tell me?" Jiang Zhijian had tasted the sweetness before, so after hearing this, he was immediately very interested.

"At least twice the profit in half a year. I can take out at least $15 million around me." Jing Jian said directly, not talking about anything else, just money. "There are several problems at present, including the in and out of funds, and the local relationship between Baodao. My identity cannot go to Baodao, but I will send Wall Street investment experts to be responsible for the specific operations."

"Oh?" Hu Qin's eyes lit up, "Mr. Jing, I can actually arrange your entry and exit from the treasure island. I guarantee that you are at home. Even if you have the identity of the mainland, it still doesn't matter."

As soon as he heard this, Jing Jian was completely sure that Hu Qin had a special identity. After all, it was caused by the identity of the "heir of a large family". Such an "influential" person must be the target that both sides of the Taiwan Strait strive for.

"Haha." Jing Jian smiled with an arrogant expression, "Taodao is a simple meal, and the mainland is Yan Baobi. Brother Hu, which table do you think I will go to? Although there is a good opportunity in Baodao now, I can't eat this meal in my life, right?"

Hu Qin smiled slightly and said that the qi cultivation skills are good: "Mr. Jing, you misunderstood. If you want to invest in the treasure island, we certainly welcome it. However, the treasure island of Japan is really not comparable to the mainland? Haha."

It is undeniable that compared with the mainland, the people of Baodao at this time had a strong sense of superiority.

At that time, Baodao's economy had achieved an average of 9% growth for 40 consecutive years, and its foreign exchange reserves were second only to Japan and the second in the world. A large number of labor-intensive industries were transferred to Baodao, and the employment rate was extremely high. The factory published a recruitment advertisement in the newspaper, but could not even receive a job letter.

In addition to the growth of wealth reserves, private income also increased significantly. At that time, the island's wage income grew rapidly, and the dividends at the end of the year were even richer. Generally, civil servants could receive an additional salary of 1 to 2 months by the end of the year; some ordinary industries could generally receive an additional salary of 3 months by the end of the year; some monopoly industries usually had a bonus of 7 to 8 months by the end of the year; those industries with rapid expansion, such as securities company employees, had a bonus of up to 70 months or even 100 months by the end of the year.
Chapter completed!