Since the reform and opening up, China has experienced two major reshuffle of wealth, is undergoing a major reshuffle of the wealth of the third:
For the first time was a bold attempt to shuffle the timid, so China’s first batch of rich is not how much knowledge, but bold. In this process, with the reform and opening up after the issue of currency and inflation, relying on wage accumulation of people, suddenly feel the wealth of relatively derogatory worth more and more powerful. This is also the rise of wealth in the southeast coastal areas, and the central and western regions, especially in Northeast China, the sharp decline in the status of wealth.
The second big reshuffle is people with knowledge and opinions of people lack of knowledge and insights of big reshuffle, the reshuffle occurred in 15 years ago, especially in the rise of a large number of outstanding private enterprises, including HUAWEI, Tencent, TCL, and the so-called speculation into decline.
Is currently being staged third big reshuffle will be a new way of thinking of the old way of thinking of the reshuffle in the past three years and the next 10 years will continue to play this drama.
Why in the past 3 years and the next 10 years, will continue to carry out the big reshuffle of the wealth of the third? Why is the biggest wealth reshuffle in 30 years?
This will be the past 30 years, why the rich make money, and now the basis for the existence of money? If no longer exists, the shuffle of wealth is a very easy to understand event.
What is the form and connotation of the third big reshuffle?
1, equity investment and real estate investment has become the wealth of the third reshuffle winners, and become the next 10 years only to fight inflation and depreciation of RMB investment tool, no ownership nor rich, the next 8 years, China largest investment opportunities from the equity.
Capital market staged a wealth of dreams, the myth of the wealth of new shares and bear market has nothing to do, is to prove the correctness of this conclusion.
Real estate prices beyond the wage income is a substantial increase in the typical big reshuffle, it does not create new wealth, but also the lateral flow of funds. In this mode of wealth transfer, the first tier cities and some second tier cities housing residents have become beneficiaries of the transfer of wealth, while the rest of the country’s wealth has been quietly unaware of the residents. The gap between regions and between urban and rural areas has been further widened, and the growth engines of the central and western regions and small and medium-sized cities have continued to extinguish fire.
Real estate investment has become the winner of the third wealth reshuffle, there are several core reasons:
China is still a shortage of assets, the issue of a large amount of money (China’s GDP is much smaller than the United States, but the issue of money is far greater than the United States), and no place to go. Public entrepreneurship, equity investment, not many people are familiar with and excel in the field. Second China has become the world’s first inevitable trend. China’s housing prices have risen dramatically, but due to the large population of China, about 10 years time is likely to become the world’s largest GDP country, but also the world’s largest wealth of the country. Chinese people like big cities, like education, health care of the city, so that there will be too much money to chase the first tier cities and some second tier cities. Inevitable price increases. Once China has become the world’s first GDP, coupled with China’s large population, it will have a huge siphon effect, the surrounding countries and regions will continue to edge. Do not rule out another 20 years, Japan may become the edge zone. Reproduction of the heyday of the Tang Dynasty, the price of the world’s first, is entirely possible.
However, we must keep a clear mind is the three or four line of the city, especially the population outflow in the city, although the price is relatively low, but there is a huge bubble, because the bubble itself is relative to the needs and the ability to buy.
2, wealth in the pro and the use of leverage disappear
Before the crash, the high net worth individual investors mainly due to the failure of all the many hands-on and the use of leverage over the past 30 years, the successful experience of industrial investment and real estate investment, so many property owners think themselves equal to anything, to conquer the world.
The last two years of reflection events: the occurrence of bankruptcy and usury crash, resulting in thousands of households back to the night before liberation.
Pro Pro: the success of real estate investment does not need much professional, mainly due to the entire real estate over the past 10 years, the average price rose more than 10 times, and only rose or not, just like the stock market for the same period of the past 10 years. Retail investors will become warren. But the stock market seems simple, in fact, very complex, professional players may not make money, not to mention business staff.
Leverage: in a unilateral rise in the market, it is possible to use leverage, but the Chinese stock market and gambling is not the same as two, the use of leverage, equal to gambling. But never seen gamblers borrowed money to gamble, and once the use of leverage, even bet on 100 times, as long as there is a mistake, may lead to naught, back to the night before liberation. Why stocks can not use leverage, and real estate investment can be it? The use of leverage in real estate, even if house prices fall, do not need to increase collateral, but once the stock market decline, it is necessary to increase the margin.
3, still remain in the past success, but did not see the advent of failure. Outstanding performance in: many companies blindly on the project, shop stalls, into the plight of the capital chain.
Blind direct involvement in unfamiliar industries: a typical case is xiangeqing.
Blind expansion of production capacity, to do business in the dead capacity: Shanxi, Jiangxi, Wuxi Xinhai LDK Suntech, is a typical case.
Blindly setting up shops, chairman of Sichuan Changhong project project: plasma successor Zhao Yong.
Eager to make quick money and get into usury or real estate: today, a large number of three or four lines of small real estate companies into the plight of the capital chain, Zhejiang, Wenzhou and other areas of usury broke.
4, it is difficult to adapt to the advent of the era of Internet civilization and space civilization, still stuck in the traditional industries, the dream of traditional industries continue to recover
Mobile Internet as the core, the human civilization into the era of space. Intelligent, non site, no contact, no paper, this is a typical sign of civilization and civilized Internet space, and these iconic iconic products corresponding industry are alternative to the traditional industry, and the formation of a fatal blow:
Off site trading will gradually go beyond the scene of the sale, to Alibaba group as the representative of the off-site sale will completely beat the department store Shang Chao. The original business format will be a fundamental change. Alibaba, a company, the annual turnover of more than 1 trillion yuan, is the sum of the top ten Department stores.
WeChat and micro-blog as the representative of the new media, gradually replace newspapers, magazines, television broadcasting, the mainstream of information dissemination channels.
Smart phones as the representative of a new generation of smart consumer terminals for the paperless era and the behavior of the field of space to prepare a solid material foundation.
Virtual consumption gradually beyond the physical consumption, spiritual consumption gradually beyond the material consumption, represented by Tencent, virtual consumption era, not only means that the human consumption of food and drink, housing and clothing, need more virtual consumption spiritual level.
3D printing technology to change the state of human manufacturing. Printing machine parts, food and clothing, which will be the biggest revolution in the manufacturing sector.
The new energy technology represented by electric vehicles and shale gas is the core driving force to influence and change the pattern of human energy. This event, making coal and other traditional energy into the inevitable decline.
5, the trend and the winner of the third wealth reshuffle
One of the trends and directions of the wealth reshuffle: knowledge and entrepreneurship become the mainstream of wealth creation
According to the wealth of nations and all the classic theories of economics, wealth generated from labor and resources. Wealth structure and population structure of the corresponding perspective, the world’s more developed economies, only Hongkong and Mainland China has nothing to do with academic. It’s almost impossible to continue without a degree. In the era of easy money, China will return to the era of relying on technological progress and honest business to make money.
The trend and direction of the big reshuffle of wealth: two simple money begets money era will eventually pass, the long-term low interest rate era will completely destroy those high interest costs
A simple money era of the past: mainstream China create wealth over the past 10 years not by honest labor and not rely on the wisdom and hard work in business, but on the asset bubble, rely on the money, the bubble through the whole society: commodity bubble, bubble, bubble and so on luxury Collectibles, a lot of people almost overnight: 2015, the whole social wealth level is almost 40 times in 2000, but the real GDP grew by only 300%, the severity of the bubble as can be imagined.
The trend and direction of wealth reshuffle: labor intensive, processing and manufacturing will be replaced by brand owners and core technology owners three
The comparative advantage Chinese change fundamentally, low labor costs rising, but high-end labor costs are still relatively low, in this case, the labor intensive industry gradually out or transfer to the brand owner of technology, so they will be the ultimate winner of the wealth big reshuffle. Typical case is HUAWEI.
The trend and direction of wealth reshuffle four: Ning a situation not everything will end
According to the winner take all principle, the industry’s surplus is often not more than 5. This means that China will have tens of thousands of enterprises or bankruptcy or mergers and acquisitions.
Chinese love their own boss, and no measure of their ability, level, resources, growth stage, in the past 30 years of brutal era of outlaws of the marshes it is feasible that, today, a winner will be those who have the entrepreneurial spirit and the quality of the staff.
Today, Europe, Japan and the United States has not seen the entrepreneurial boom in 10 years. China doesn’t need so many bosses.
Public entrepreneurship, innovation, the final outcome must be achieves guku million.
Think about the past 30 years, the key to the success of the rich conditions and factors (why they get rich), which is to understand the occurrence of today’s third major reshuffle of the premise of wealth
Over the past 30 years the rich have become rich, in fact, is highly correlated with the environment at that time, is a typical case of heroes. It is necessary to conduct an in-depth analysis of the elements of the environment to continue to exist, if not in existence, the wealth must be shuffled.
1, 30 years of reform and opening up has created extremely conducive to the external environment Chinese rich investment success, everywhere is full of opportunities to create wealth
The dividends of Globalization: the reform and opening of China into the global, with the integration of the global economy, especially the integration of labor, technology and capital, has become the biggest beneficiary China; factor bonus: thirty years of reform and opening up, including labor, land and capital, growing, spring from the Southeast coast to the mainland to blow, echelon transfer. Institutional Dividend: the system is the bridge and link between the elements, is a key factor to improve the efficiency of. 30 years of reform and opening up, is a process of constantly releasing the bonus system. Consumer upgrade bonus: three consumer upgrades and export growth of a number of rich achievements.
- FORTHEA MOTORIMPORTSTOYOTA