I Found A Planet - Chapter 355

Chapter 355

Chapter 355: Taking Out 2%
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio

It was as if a war mobilization command had been issued . The behemoth of a beast called “capital” was awakened .

Domestic capital, foreign capital, established capital institutions, new capital consortia… Xing Hai Technologies received countless investment applications in a short time .

Xing Hai Technologies did not reject any applicant . For that purpose, it had opened a global trading platform and placed the taxation rights of 300 cities on the platform, thus allowing capitalists to buy, sell, transfer or donate those rights .

Each city was divided into 1,000 “blue tax stocks” with a holding period of 99 years and a price of $100 million per share . Alternatively, it was divided into 1,000 “red tax stocks” (also known as permanent tax stocks), with a perpetual holding period and a price of $300 million per share .

Among the 300 cities, 200 were fixed as “blue tax stocks” and the remaining 100 were fixed as “red tax stocks” .

As a result, after the trading platform went online, and with the inclusion of interested VIP investors who had paid a sum for insider trading, the total investment of $60 trillion had been cleanly taken up by countless investment institutions around the world in about two weeks .

Chen Jin’s Xing Hai Technologies did not need to spend any money to solve the funding problem .

It could only be said that the power of capitalists was terrifying . But unfortunately, there were too few deserts on the earth . Otherwise, even if $100 trillion was needed, global capitalists could come up with the entire sum .

For the ordinary people who could only stand by and look at the situation, the agitated motions of capital seemed incredible to them .

“Even if the desert transformation was completed, isn’t it better to get some high-quality people to emigrate there? What is the use of refugees? What value can they generate?”

“Yeah, the refugee population is just a burden . The investors will be losing money, much less making a profit from them . ”

“It is very difficult to improve the quality of the population . At least 20 years is needed to convert the base numbers of a population into something that can produce bonuses . ”

“This is only a capital bubble . Xing Hai Technologies has been very good at publicizing this investment . The actual effect is very likely to be dashed to bits by reality . ”

“Haha, those refugees are arrogant loafers . Xing Hai Technologies expects those gofers to work? stop dreaming!”

“Yeah, I also think it’s excellent if those refugees are willing to grow enough food for themselves to eat . It is impossible for the capitalists to exploit them . ”

“But why are the capitalists still throwing money fanatically into that investment? They seem to be very optimistic about it . ”

“I feel that that the “Xing Hai Law” may be in play . Those capitalists are just blindly following the company . ”

“Xing Hai Technologies never gets involved in a losing business . You think that you can’t squeeze anything out from those refugees . That’s because we are too kind as humans, and we have spoiled them . Morality is always sabotaging the law . Hence, we are helpless in the face of the refugee crisis . But computer programs and robots don’t debate ‘humanitarianism’ . If you don’t work, then they’ll starve you until you die . Humanity, kindness, compassion, and so on, can all go to hell! This is probably the greatest strength of and the reason for the confidence in Xing Hai Technologies . ”

“Oh, it sounds a little cruel . But why do I think that this is a very good idea, especially for those refugees?”

“Managing humans with computer programs and robots to build a utopian society with no corruption, no humanity and no pity . Is this good or bad? Can it last long-term? Will it be overthrown by rebels in the future?”

Some people raised a series of questions .

…

The market was in a frenzy . The capitalists had seen a window of opportunity to untold riches .

But many countries in Northern Africa could not sit still . Countries such as Morocco, Algeria, Libya, and Niger protested and made their dissatisfaction clear .

“Xing Hai Technologies, you can’t do whatever you want on our land . ”

“You can carry out business activities, but don’t regard this as your own land . This is our homeland! It is not a place for refugees . ”

“Xing Hai Technologies, the use of the desert that you have undertaken has gone beyond the permitted scope of your contract . It has become invalid and we will take back all the land . Since you have gone against the contract, we will not refund a penny . ”

“Even if it is a desert, you can’t do what you want with it! We sold our land, not our sovereignty . Xing Hai Technologies has no right to implement the so-called “Domed Base” plan on our land . We firmly oppose it!”

Many small countries protested and tore up their collaboration agreement . They asked Xing Hai Technologies to leave their country as soon as possible .

However, less than a few days later, three aircraft battle groups from Merica entered the Mediterranean Sea to conduct live-firing exercises .

Many European countries also held joint military exercises on the northern shore of the Mediterranean Sea that involved more than 50,000 troops . It was a very large scale exercise .

In terms of diplomacy, they exerted tremendous pressure on those small countries . Public opinion was very severe and their governments were wielding the threat of sanctions .

They even threatened the North African nations . “If you don’t cooperate, we will not rule out the use of force and may support new forces to take power . ”

Faced with threats and intimidation, the small countries trembled .

They helplessly looked to the international community, especially looking to Z country to preside over justice and to say a few words in fairness . But they only received silence in exchange .

They chose to give in in less than two days and contracted all the deserts to Xing Hai Technologies .

The comments by netizens regarding this incident hit the nail on the head .

“They overestimate themselves . Xing Hai Technologies has the support of Merica and all of Europe . They also have the support of $60 trillion worth of global capitalists . You’re just a few small countries . What are you bringing to the fight against such a combination?”

“Don’t be like ‘a mantis that tries to stop a chariot’ when faced with a mighty force . ”

“The government is really acting like a gangster this time round . They’re not even saying a single word in fairness . They’ve chosen to turn a blind eye . ”

“$1 trillion in state-owned capital has been invested in the ‘Dome Base’ plan . It’s already a good thing that our government is not actively pressuring them with the European and Merican governments . And the African countries are really expecting us to speak on their behalf?”

“Ah, a bunch of small countries facing a desperately difficult fate . They occupy the lowest rank among all the countries in the world, but they are challenging a group of gangster champions, all in vain . Just what are they bringing to the fight?”

“A wise man submits to circumstances . What can they do with the deserts in their hands? It will still be the same in 10,000 years . It is better to give the land to Xing Hai Technologies so that they can use it to benefit the whole world . Sometimes, incompetence is a sin . ”

With that being said, Xing Hai Technologies could not really act like that much of a gangster to the extent of taking away their sovereignty with the sale of the land from those countries .

Land did not equal sovereignty . Chen Jin was very clear about this point .

In order to avoid creating potential hidden dangers, he would block the mouths of those small countries .

After some discussion, Xing Hai Technologies came up with compensation measures . After construction of the city was completed and income was generated, 1% of the annual net income thereafter would belong by the sovereign state where the city was located .

In addition, another 1% of the net income would be paid to the United Nations as membership dues . These dues would be used as contributions to everyone in the world .

When this compensation plan came out, the response was positive .

“Well, we accept . ” Of course, those few small countries thought the compensation was too low . But even if mosquitoes were tiny, they were still meat, and they were better than nothing . They were definitely better than getting “beaten up” again .

Other countries also nodded in praise . Xing Hai Technologies had not forgotten about the United Nations and had taken the initiative to provide 1% for humanitarian services across the globe . This showed that Xing Hai Technologies was very dependable and had a heart that cared for the world . It was indeed commendable .

However, nobody knew that a shocking plan was hidden within Chen Jin’s decision to take out 1% of the profits for the United Nations .