Fortunately, many hackers don't like to use brute-force exit methods, but rather use a process of clearing traces to log out. This gave Xing Baohua and his team an opportunity to find the real address and record it.
Now is not the time to launch an investigation.
This provided a vivid lesson for the students who came; on-site teaching is the best approach.
Let them experience the benefits of small tools when tracking and investigating. Of course, many times there are no tools available, so they need to write their own gadgets to suit their needs.
Xing Baohua noticed it was getting late, so he arranged for them to work in shifts while he went home to be with his young wife.
Back home, Xing Baohua was still concerned about the content of today's meeting. Since the pager couldn't display many words, he could only listen to Su Ya repeat the entire account.
The first category concerns how to avoid promoting the economic market and causing the emergence of capital.
Xing Baohua knew the title, but not the details. After listening to Su Ya's narration for more than half an hour, he understood a little.
In the end, he found out all the ideas those experts had come up with!
Two words!
feature!
Just like with food, the taste changes as soon as you add these two words to anything.
Perhaps the essence hasn't changed, but the flavor has.
The dominant direction of the economic system will not change because of the issue of opening up and privatization. The change in characteristics is that I allow you to be wealthy.
You can open a factory, hire people, and there are no longer restrictions on the number of employees. You no longer need to be affiliated with other companies for production.
You are allowed to privatize it completely.
However, this creates a contradiction: on the one hand, capital should be curbed, and on the other hand, privatization should be promoted. How to resolve this contradiction is also a key focus of this meeting.
Then we should curb it from the very top. Your development requires resources, whether it's money from banks or raw materials, all of which are in the hands of the state.
Money can't buy everything. Market evolution takes time, and that's the key point – that's where regulation comes in.
We have done a great job in regulation and control, and we have experience in it.
These experts laid out all the foreseeable scenarios that might occur in the future, which made Xing Baohua sigh repeatedly, saying that the experts of this era are truly capable people.
Unlike the experts of his era who talked nonsense, he was probably just an outsider to the Strategic Deception Bureau.
Su Ya also asked Xing Baohua, "Will prices rise in a few years while wages rise less?"
"Yes, wages are only increasing by ten or so yuan at a time, but once prices go up, they won't come down. Actually, this is also a way to curb monetary expansion. Reduce your desire to buy, think about the money in your pocket, and spend less!"
"I'm really looking forward to the arrival of a free market, so I won't have to search for tickets everywhere when buying big items," Suya said happily.
"In fact, tickets are rarely used in the south now, but they are still used in relatively backward and slow-developing cities, counties and towns. If you suddenly open it up to them, they either don't have enough money to buy them, or they have the money but can't buy them. It takes time and a process. Let me tell you, once the market opens up, the first thing to be impacted is the supply and marketing cooperatives, which will slowly become history."
Suya exclaimed in surprise, "No way!"
"Yes, they will disappear in less than ten years, and you won't see supply and marketing cooperatives for at least five years," Xing Baohua said confidently. In his memory, very few state-owned service companies have survived.
Those that survived mostly converted into joint-stock companies, allowing employees to hold shares. Later, when they could no longer operate, they rented out their counters to private businesses, who then became landlords.
Then Su Ya brought up the second major discussion with Xing Baohua: whether opening up the stock and futures markets should involve limiting the amount people can buy, or allowing unlimited purchases.
If there is no upper limit on what people can buy, and they lose money, the consequences can range from minor losses to financial ruin. How can we provide a safeguard for the public?
After all, entering the product market is risky. What if someone treats it as a quick way to make money through gambling?
In polite terms, it's a financial product; in layman's terms, it's gambling.
Are you betting on whether your knowledge is sufficient? Haha, knowledge? That's a very vague thing. Xing Baohua encountered it once, and it was just a joke at a dinner party. A friend of his told him that a financial expert bought two barrels of oil and got stuck with them.
The financial expert who analyzed the report and the data back then confidently said that this time it would be a sure thing to make money.
As a result, he plunged in and couldn't get out.
The two oil giants surprisingly showed liabilities in their quarterly financial reports.
We suffered a loss; not only did we not make any money this quarter, but we also incurred operating costs, etc.
You should know that at that time, our country had already changed from an oil exporter to a major importer.
I remember an expert calculating how much it costs to transport a ship of refined oil from the Houston refinery to our port for every liter of oil.
Oil that costs more than seven or eight yuan per liter has a transportation cost of only 7 cents per liter. This is refined oil, not crude oil, which still needs further processing.
Of course, the expert didn't mention the purchase price, only the proportion of shipping costs.
How can you still lose money like this? Where did you lose the money?
Many experts who bought two barrels of oil are now stuck with losses!
Su Ya asked if there should be restrictions on the stock market and other financial markets. Xing Baohua, to his recollection, only had a minimum purchase limit of one lot (100 shares).
There's no upper limit; you can buy as much as you have.
But later, when I switched to trading software, there was a system limitation on computer operations, just like with checks, which limited the amount to a single digit.
That's 990,990 lots. One lot equals 100 shares, which means a limit of 99,990,000 shares...
It was just short of the 100 million share limit.
Individual investors with this ability will basically become shareholders.
Xing Baohua understood the content of the meeting, which basically discussed the risks faced by retail investors. No results were reached even as the meeting concluded today.
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