Chapter 588: There is no time to dig

Tuao is rich in resources and has always been a resource-exporting economy. Their labor force is mainly concentrated in the service industry. So the cost of labor is very high.
Sometimes, abundant resources may not be a good thing. Making money is too easy, and labor-intensive industries have no room to survive.
In Tuao, clothing factories and electronics factories are not called labor-intensive industries because this thing does not exist. The labor-intensive industries in their mouths are talking about slaughterhouse steel plants. Well, it seems that car factories are too, although there are not many.
Some people say this is a resource curse. The general meaning is that with such a huge resource, the ability to innovate is simply lost. Except for mixed eating and waiting for death, it is mixed eating and waiting for death.
The situation in the desert area is actually very similar. Speaking of it, God is really unfair. There are actually so many resources in the area of ​​more than 20 million people. Not even interested in mining, this is really no one.
Tuao discovered super-large iron ore, and White Capital acquired two large mining companies. As soon as these two announcements were announced, they immediately caused an uproar in the capital market.
William White's understanding of BHP Billiton is one-sided. After all, his previous life was just a second generation of death. I just heard that this company is very powerful, pitting rabbits a lot of money.
Based on this alone, he can make up his mind to buy. The big rabbit is very powerful in doing business, and it is not difficult to earn their money.
The foot basin is also a resource-dependent country, the iron ore of the big rabbit is not enough, and the foot basin is also not enough. Haha, now is the cheapest time. If you don’t hurry up, when will you wait?
"Boss, the bank of the footbath is crazy, this group of guys are crazy to lend to you. The funds created by the Da Mo are swept away by the group of guys."
"Lying trough, isn't it? How did I hear that they are almost done!"
"Cough, that's not the case. Small and medium-sized banks have been hit hard. Consortiums like Sumitomo and Ito Corporation have a lot to gain."
"Huh, what is this, leading the way? I said, if there is no internal response, how easy is the gap in the financial system to open."
"Oh, this time they should have taken a fancy to these resources. I heard that they are also occupying land in the Tu'ao circle, but they don't know if they can dig iron ore."
"Ah, this group of silly 13, don't understand anything. If you dig out any iron ore, you can't sell it for twenty dollars and one ton. Nima, the more this thing is, the better."
"It's not that easy. Our prospecting at Christmas West this time had a lot of chances. At that place, the two companies in Tu'ao were explored."
Of course, William White knows this. The mineral resources and foot basins account for a large proportion of this piece of mineral resources. Anyway, before he was born again, the foot basin people were desperately mining here.
The big rabbit suffocated, because of the late start, many good places are gone.
But now it is different, the foot basin people do not have this resource. Their steel company is afraid that it will be unlucky.
The problem with William White is that there is so much iron ore that the market simply cannot digest so much. Otherwise, secretly communicate with Rio Tinto. Let’s dig a little slower. The more you dig, the lower the price.
The only good news is that iron ore is not coal. Don't be afraid to put this thing under the sun.
Nima, iron ore now, is too cheap to sell. Although there is no way to create something similar to OPEC, is it okay for everyone to coordinate the output?
what? monopoly? Price fraud?
Haha, this thing can be done can not be said. Sometimes, it is not necessary to say. A few of them can become giants. Everyone has reduced production, but you have increased production, seeing no, how miserable Kuwait's end is.
This is still a country, as for what company. You can rest assured that absolutely dead bones and scum are not left.
"This guy, is this going to control the export volume?"
"No, isn't he expanding the bulk cargo terminal? It should be to increase exports. Other iron ore giants are very nervous. Today's prices are close to the cost line."
For this man, Pete Cares is very speechless, you can believe what others say. Such a conspiracy theory is basically the norm between investment banks.
Take a look at what others said in the announcement. The labor costs in Tuao are expensive and the land resources are relatively cheap. You can’t understand it literally. The subtext of others is that labor is too expensive. We want to increase the price. If we can’t sell it, can we still pile it up? Look, isn't that what cheap land resources mean?
Ha ha, a large number of automated mining and shipping equipment will be used. My god, how much does it cost? Will William White be a fool.
After shaking his head and sighing, he said: "In the next ten years, Asia will have a lot of room for expansion. Do you understand the meaning of this sentence?"
"Boss, the economy of the foot basin, there is no possibility of recovery in the short term. I don't understand a bit. Is it that he is planning to sell to the big rabbit? But, people don't lack resources at all?"
"Ah, look back and take a closer look."
Pete Carris doesn't want to talk anymore, if Da Mo is all this kind of rice bucket. He will not be too happy in the future.
Don't this know how many cars Tesla sells in the year?
An inexplicable brand that is sold all over the world. Thinking of this year's IPO, he was very big.
Investment bank Investment bank, the most reliable business, is not just underwriting stocks. If you don’t understand the strategic goals of others, go to bed and sleep.
Rio Tinto and Vale are industry giants, and they certainly know how to interpret it. Ha ha, at the very least, it is impossible to fall in price.
The investment is so huge, isn't the wool out of the sheep? I just don’t know if it’s footbath or rabbit.
Gee, otherwise, let's follow up. I heard that the dock workers in Tu'ao intend to strike, and environmental organizations are also looking for trouble. Say what affects the reproduction of turtles.
Nima, do you dare to be more outrageous? Why doesn't it affect the reproduction of lobster? If this is the case, the local lobster who loves lobster may change his mind. Turtles and horses can not eat.
Shenma, you said it was delicious.
Gee, this thing does not explain.
In fact, crooked nuts did not eat these things less. For delicious food and beautiful feathers, they eat a lot. Now that the evil has been corrected, those animals can't survive. Now running out to pretend to be a big tail wolf, you flicker silly boy.
"Nima, they just gave me eyedrops as soon as I bought them? All the conditions are different, they are dryer than dry, don't want to die, the iron ore is there, at most it's rusty and not moldy."
"Okay, boss, if the performance is weak this time, they will definitely get worse."
"Ah, I also served, this salary is much higher than the United States. What are they still tossing? The weather is too hot? Lying trough, what a bad excuse, the whole Tuao is very hot."
William White ignores the kangaroo's clamor, you bull 13, buddy pretend to be a koala now. Anyway, there is no response for a long time, whatever you want.
What happened if the iron ore could not be shipped out? The strike by the dock workers was force majeure. Whatever you do, I hope you will enjoy your new job.
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