Chapter 470 Who else can do it except Yuan Guang?
“Excuse me, Dr. Wright, I would like to ask whether the controlled nuclear fusion and room-temperature superconducting technologies are truly mature? How can we prove it?”

“At the end of this year, the Xihe-3 commercial fusion reactor will be officially put into operation. It is planned to operate continuously for 12 months and be deployed around Shenhai. It will radiate the entire YP area. The power generation cost of Xihe-3 will be reduced to 0.03 yuan/kWh.

In addition, we have also tested the transmission loss of space power transmission devices based on room-temperature superconductivity. At the Chang’e base on the moon, the transmission loss of room-temperature superconducting materials was measured to be 0.001%/thousand kilometers.

The combination of the two is enough to ensure that the foundation of the entire Guanghan project is unbreakable.”

“Mr. Wright, 10 trillion yuan is too large for a single round of fundraising. How can we ensure that the funds are not misused?”

“I can’t guarantee it.” Chen Yuanguang looked as if he didn’t know whether to vote or not.

“The entire investment return cycle is too long. How can we protect investors’ short-term returns?”

“It cannot be guaranteed. In the short term, there will be dividends from the licensing of technology patents during this period. Secondly, everyone’s investment shares can be sold and traded at any time during the process.”

“Lunar resource mining poses the risk of violating the Outer Space Treaty. How can this be resolved?”

“Sorry, we have passed the Special Law on the Development of Lunar Resources, which recognizes the property rights of companies over the resources they develop.”

Chen Yuanguang appeared at the entire promotion meeting for no more than half an hour.

During the Q&A session, he only selectively answered questions from various financial leaders.

But no one present here felt that they had lost money on this trip. Instead, they felt that it was totally worth it.

Just after hearing about China’s subsequent plans, no one doubted that such a grand and sci-fi plan would not be realized.

The successful ignition of controlled nuclear fusion has increased everyone’s trust in Chen Yuanguang.

No matter which country he comes from or what his attitude towards China is.

As for Chen Yuanguang’s attitude and the fact that he puts domestic law above international law, these things that would have caused an uproar have become insignificant in the face of the 10 trillion aerospace infrastructure.

“This is the grand infrastructure plan for the space age.

What Guanghan Project? This project should be called Stargate.” Jamie Dimon said with emotion.

Jamie Dimon, CEO of JP Morgan. JP Morgan acquired Bank One for $2004 billion in 580. One of the important reasons was that the CEO of Bank One was Jamie Dimon, and JP Morgan hoped that Jamie Dimon would become the CEO of JP Morgan in the future. He is an absolute big boss and has been in charge of JP Morgan for almost years.

The person he was talking to was Daniel Pinto, the second-in-command of JP Morgan and the chief operating officer who was originally scheduled to retire in 2026.

But because the U.S. stocks, U.S. bonds and the U.S. dollar all collapsed so badly, Daniel Pinto was unable to retire as originally planned.

Daniel Pinto lamented: “The situation is out of control now, and the board of directors behind it can no longer sit still.

China has completely gone out of control. The current speed of development is beyond anyone’s expectations. Not to mention the board of directors, from Washington to Wall Street to Boston, everyone is wondering how we should get along with China.

People were looking forward to the arrival of the Space Age, but no one was ever really ready.

According to the Chinese people’s plans and the crazy level of infrastructure construction, we can at least see the large-scale utilization of lunar resources and the beginning of preliminary development of Mars by humans in our lifetime.

In the face of such expectations, the importance of the Earth begins to diminish.

The entire traditional interests and logic will be completely reconstructed in the space age.

All we can do is to protect Morgan’s interests as much as possible.

But who knows how to ensure interests in the new era?
This is a more dramatic change than the transition from the steam age to the electricity age.”

When the future is just around the corner, everyone’s thoughts on how the future will change are based on historical premises.

In the past two years, analysis related to the so-called First Industrial Revolution and Second Industrial Revolution has been very popular in foreign financial circles.

The First Industrial Revolution, centered on steam engines, textile machinery, and railways, promoted England’s transformation from an agricultural society to an industrial society.

Industrialization requires a large amount of capital investment, and the financial system has to change accordingly, because factory construction, railway laying, etc. require long-term investment, which far exceeds the financing scale of traditional handicrafts.

Joint-stock companies (such as the East India Company model) became popular, stock markets began to develop (the London Stock Exchange was founded in 1801), and colonial raw materials and global trade provided resources for industry and also gave rise to new financial needs.

Traditional family-owned banks are gradually being phased out due to their small capital scale and weak risk tolerance. The model that relies on short-term loans and small-scale financing cannot meet the long-term funding needs of industrialization.

During this period, joint-stock banks such as the Bank of England (established in 1694) supported government wars by issuing bonds, and later turned to industrial financing; emerging banks such as the Bank of Westminster in London (1834) provided industrial loans. Railway speculative capital: “Railway Kings” such as George Hudson promoted the construction of railway networks through stock financing. Although the bubble burst later, it changed the financing model.

These models, which seemed new at the time, began to rise rapidly.

Simply put, the traditional lending model gave way to joint-stock banks and securities markets, and England became a global financial center.

The Second Industrial Revolution was marked by electricity, internal combustion engines, petrochemicals and the steel industry. America and Germany became the centers, and the financial system began to further specialize. Edison’s power system and Carnegie’s steel mills required huge amounts of capital, giving birth to a new model of investment banking.

Industry integration (such as Standard Oil and General Electric) relied on the operation of financial capital, and the establishment of the gold standard led to the acceleration of international capital flows.

Likewise, the entire ecosystem underwent earth-shaking changes. Small banks under the local single-bank system were unable to compete and were gradually swallowed up by large financial groups such as Morgan.

However, Europe’s old aristocratic banks (such as the French Rothschild branch) missed out on industrial investment opportunities due to their over-reliance on government bonds.

Investment banks and universal banks have promoted the formation of monopoly capital, and financial giants in the United States and Germany have reshaped the global economic landscape through “capital + technology”.

Every technological revolution in the past has been accompanied by a restructuring of the financial system – capital forces that cannot adapt to the needs of new industries have declined, while institutions that embrace innovation have risen to become global giants.

Now naturally is no exception.

Fossil energy-related assets such as oil and coal, from futures to stocks to bonds, are facing the expectation of returning to zero value. Countries such as the Middle East and Russia that are heavily dependent on energy exports will directly face a financial crisis.

Funds like the Norwegian sovereign fund are facing a complete transformation.

Even in China, nearly free energy has led to a sharp drop in production costs, and if we are not careful, we may enter a long-term deflationary cycle. The central bank may be forced to implement a “negative interest rate + universal basic income” policy to maintain economic flow.

This is a serious challenge for all groups.

Taking the 10 trillion investment as an example, the infrastructure for going to space will start at 10 trillion.

Will countries like Europe, America, Japan, and the United States follow suit? If so, how much money do they plan to invest? Will it be done by companies or government agencies?
Who can gain enough trust and who will manage this plate where one trillion is just the threshold?

Apart from Chen Yuanguang, who else in the world can stand up and say, “Please give me money and I will be responsible for the infrastructure of the space age?” Who can guarantee this?
They are also executing large-scale projects, such as the Pioneer series rockets, the Guangjia space station, the Changkong space shuttle, the Chang’e lunar base, and the Wugang series lunar farm.
Chen Yuanguang has so many specific projects to support his case, what about other institutions?
NASA, a well-known organization in the aerospace field in the past, wants to manage a $1000 billion project, that is, the new International Space Station project. They plan to spend $ billion to fully compete with China’s Guang Mecha.

We also need to build a space station at the Lagrange point between the Earth and the Moon.

1000 billion US dollars. Except for Neon, all the previous member states have expressed their disinterest in the project in direct or indirect ways. NASA does not even have the trust of billion US dollars.

What about SpaceX? This former most famous civilian commercial aerospace agency is also not good enough.

SpaceX has certainly demonstrated its capabilities in the rocket field, but they have never proven themselves when it comes to such giant infrastructure projects, space infrastructure spanning multiple fields.

More importantly, if it is just rocket launches, focusing on this niche field, America will have no problem, but once it spreads to multiple fields such as photovoltaics, space stations, and round-trip travel between the Earth and the Moon, it will place very high demands on the manufacturing base of the trader’s country.

The reason behind SpaceX’s failure is that America’s weak manufacturing industry cannot support such a large-scale infrastructure project.

One of the most basic data is steel production.

Whether it is a space station, space photovoltaic components, or spacecraft, steel is needed.

It’s just a type of steel.

China’s steel production is ten times that of America.

If your foundation is not solid, don’t expect to be able to support such a huge plan.

As for a multinational alliance, what about Europe and America joining forces? The conflicts of interest between them would be so fierce that no one would do any work while they were busy holding meetings.

So after today’s meeting, when Chen Yuanguang first announced the Guanghan Project, which was previously unimaginable to the outside world, the financial tycoons present had the same question in their minds.

That is what the investment model of the future will look like.

The Internet inspired the angel investment model, which has become mainstream in the past two decades.

What about the future?
Angel investment is obviously not applicable for investments with a scale starting at trillions.

Everyone thinks of virtual currency, perhaps virtual currency will be a new model.

The project relies on the appeal and influence of the initiator to raise funds directly from individuals in the form of virtual currency.

It is at times like this that blockchain can truly demonstrate its power.

“Why hasn’t the Fed considered destroying everything?”

The so-called destruction of everything is nuclear weapons, relying on huge numbers, people holding sticks to beat S4.
“There are many reasons.

One is that they cannot guarantee that they can survive.

You have to know that the existence of Alpha Technology is a huge threat to these families.

Who dares to make such a decision? Who can guarantee that in the new world, Alpha will not continue to exist and destroy them just like they destroyed the Adams family members?

Secondly, China is now like a bottomless black hole, and they would expose some of their latest equipment in the past.

What now?
Is there no progress, or is there no progress being announced?
The gap between the two is too big.

If we can change the trajectory of a nuclear bomb, can we intercept a hypersonic missile?
There are aerospace passenger planes, but are there aerospace fighter jets?
Controlled nuclear fusion has achieved a technological breakthrough, so is the aerospace mothership also under development?

China is also a huge unknown variable. What if, I mean, what if America can’t destroy the world?”

“The most important thing is still room-temperature superconducting materials. If we can achieve a technological breakthrough in room-temperature superconducting materials, then American still has a chance.

At least there is a chance to catch up. If not, then it is not wrong for everyone to prepare early and find an opportunity to get a share of the pie in the new order.”

“Big news! In addition to interviewing Mr. Lin from Light Armor Aerospace, we also interviewed a special mysterious guest in the new episode of Xiyin Sees the World! Please stay tuned.”

After the fundraising for the Guanghan Project was completed, the news quickly spread from the financial circle to the world.

Because this kind of thing cannot be concealed, everyone is reporting on the various impacts of the Guanghan project after its completion.

Chinese netizens are also the most excited.

In this context, Li Xiyin’s exclusive interview with Lin Jia has become the most anticipated program among B-friends.

Everyone knows that compared with TV interviews, the scope of self-media interviews will be larger. In addition, the personal relationship between Li Xiyin and Lin Jia determines that the questions she can ask will also be more personal.

Not so official.

Li Xiyin’s latest developments made her fans even more anxious.

“Could it be?”

“Let him out quickly! I want to see the God of Light!”

“Don’t keep us waiting, just throw out the finished film, hurry up, hurry up, hurry up!”

“I’ve known for a long time that you are the most competitive person in the entire B station. Hurry up and bring up the God of Light for me. I’m waiting for the meal!”

“God of Light, I want to see the God of Light, I am afraid of darkness.”

The reason why Li Xiyin kept people on suspense was to find the brand.

An interview like this would definitely not be about a small business like Zhuan Zhuan, Martin Workwear, or Guazi Used Cars.

At the same time, because the entire interview was conducted by Lin Jia, and considering the viewing experience, it was impossible to give special shots to advertisements, so Li Xiyin only accepted product placement.

That is to put the brand logo on both sides of them.

It’s like holding a Xiaomi pillow in your hand and putting a Doubao AI logo on the table next to you.

Advertise through product placement.

There are many brands that buy into this kind of advertising.

Among them, three manufacturers from AI, new energy vehicles and mobile phones appeared in the interview video through embedded advertising at a price of 500 million.

Five million is just for a spot in a video that lasts no more than half an hour, and the brands feel they have made a lot of money.

(End of this chapter)