one
No one thought that Jack Ma would fall so fast.
If a month ago the suspension of the ipo was a slap at Ma, now Ma is accepting a continuous hammer, not only the authorities are hammering, the market is hammering, many Internet users are also hammering, hammer hammer hammer hammer, hammer hammer in Ma’s thin body, but also on Ma’s vast financial empire.
Born in a family of quyi artists, Ma Yun, who has long held the position of China’s richest man, and ma Yun, who has made countless passionate golden sentences, probably has never experienced such a darkest moment in his life. The only certainty is uncertainty, and uncertainty is the most unnerving of all.
This may also be a Chinese characteristic. The higher you fly, the harder you fall, and the speed at which you take off is positively correlated with the speed at which you land. Jack Ma must be a miracle in China’s economic history. It took him a decade to build the sprawling Empire State Building, capturing at least half of All Chinese women, but it took him less than a month to leave its foundations in tatters.
In the tide of The Times, the heart is the most important. The building may not collapse, but the ants whisper, has let Jack Ma credit bankruptcy, this direction is unstoppable, no one can reverse.
It reminds me of the time in 2005 when Chen Anzhi, a master of success, criticized Jack Ma on CCTV’s Dialogue program: “Jack Ma is confident, but confidence does not equal arrogance.” Fifteen years later, Anzhi Chen’s school of success had gone bankrupt, but this sentence was finally proved by time.
Jack Ma is best understood not by his followers but by his opponents, charlatans who often have the deepest insight into human nature and society.
two
It has been a long time since the always high profile Teacher Ma appeared in public, but the news about him is more intensive than ever. Elder brother is not in river’s lake, but river’s lake always has elder brother’s legend, this is never a good thing.
Comb through the timeline:
On November 10th, just days after the meeting, the National Market Administration introduced the biggest law in China’s Internet history: a draft antitrust Guide on the Platform Economy. Just one draft, which has not yet taken effect, is enough to shake up Alibaba:
But it fell more than 5 percent that day. The next day was even worse, plummeting nearly 10%. It lost 14% in two days, wiping out nearly $800 billion in market value. Money for Jack Ma, is never a thing, terrible is, at the same time plummeting, or has been strong confidence. In a sense, the draft is not necessarily a test of how much of a popular base these Internet behemoths have.
Where the mind is distracted is when the sword falls from the hand. On December 14, Alibaba received another blow when the State Administration for Market Regulation slapped the top penalty of rmb500,000 each on alibaba and three other companies.
The 500,000 yuan fine was trivial, but the signal was loud and jarring enough: when the first domino falls, everyone knows the earth will shake, and So does Ma.
On Dec 18, Ant Group announced that all Internet deposit products on its platform have been removed from the shelves in accordance with regulatory requirements for the Internet deposit industry. Ant also said it will conscientiously implement regulations and requirements to better support financial institutions and serve the real economy with scientific and technological means.
As we all know, Internet finance has been the pillar industry of Alibaba. From the suspension of the listing of Ant Financial, which is valued at more than 260 billion yuan, to the withdrawal of all deposit products, both Alibaba and Jack Ma have stood on the most dangerous edge.
three
In Game of Thrones, it’s the petite two-ya that takes out the ultimate big BOSS, the night Ghost. It was the poorest of the poor, the most vulnerable, who brought Down Ali, the giant monster piled up with money. When Jack Ma announced to the public that he would join the bureau of community group buying, in an attempt to seize the territory of his old aunt who sells vegetables, he tore off the last pair of underpants, a last bit of decency.
The omniscient and omnipotent Jack Ma finally paid a heavy price for his knowledge blindness. For money non-inductive ma, like fierce chengguan, they don’t know or don’t want to know, there are 600 million Chinese monthly income of less than 1000 yuan, they and those who hope in the ant headquarters in hangzhou the rich young man living in a cold world, two of them a lot of people in order to survive, to do the job in ma appears to have no value and even ridiculous.
You can look down on the poor, ridicule their primitive and backward work, despise their low labor efficiency, you have 10,000 reasons to eliminate this backward capacity, to establish a more advanced business model, but you can not really raise the butcher knife to them, cut off the most vulnerable nerves in this society.
All backward, inefficient things should be eliminated, only backward people cannot.
This is one of the stupidest decisions Jack Ma has ever made. He put himself against everyone else. The brave dragon slayer, the business leader who dared to confront the power head-on, finally turned into a dragon, staring into the abyss with a blank face. This is due to his natural self-confidence, but also because of the money brought him paranoid and wild. I believe Jack Ma means no harm, he just wants to change the world in his way.
four
Behind all the good there is darkness and ugliness, and behind all the great there is meanness and meanness.
No one can deny that Mr Ma has a far superior business acumen. He promoted the rapid development of the Internet economy and profoundly changed the living habits of countless Chinese people. But also want to see, Ma Yun’s success, not because he has the sky vertical genius, eloquent speech, but just because he stood in the wind.
Jack ma,
This draught, say a little sad, neither is the Internet, nor big data, but this generation out of the difficult years, their own frugal but very willing to spend money for their children’s parents, it is they hold up Jack Ma’s money empire.
The main force of Huabai-borrowed is the post-90s and post-00s, who grew up in relatively superior families and encountered the advent of consumerism era before entering the society. They don’t feel any pain about consumption, but enjoy the happiness of excessive consumption to their heart’s content. Their parents experienced poverty and hardship, and generally had an “it’s all for the kids” mentality, willing to pay for their children. If the parents do not have the ability to pay, then they are likely to become “kidney selling youth.”
Mr Ma seized the opportunity precisely and amplified it with a flood of traffic. He brainwashed young people while he sucked the blood of their parents. I have said this, and allow me to say it again:
These silly young people affectionately called “Ma Ma Father”, but to their parents gradually alienated, except “dozen money”, no more words. Little did they know that while their parents sighed as their retirement money shrank, Jack Ma’s father was drinking wine with Zhao and singing karaoke with Faye Wong.
Ma Yun may also not think, call him “father” those stupid X youth, their biological parents, perhaps is the old aunt who sells vegetables by him drive, old uncle.
Without the sound rule of law, good credit system and general prosperity of the people in developed countries, the wealth of Ma Mas is constantly connected to the world, not because they are smarter and more far-sighted, but because they are more ruthless. They dare not only earn money from primary school students, but also dare to overdraw the money of the next generation.
The world spent a long time. One day we will find that the crazy expansion of capital makes the society like a huge eggshell, and people will constantly fall from it.
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