Chapter 1044: Buying the United States (Asking for a Monthly Pass)
On Wall Street in New York, on a building dozens of stories high, a middle-aged man in a suit and leather shoes is standing on it, muttering to himself, if you can get closer, you can hear what he is saying.
"It's over, it's all over." The middle-aged man said. Immediately, he jumped and jumped straight from the building.
"Bang!" The middle-aged man fell the cement pavement below, and the whole person fell into meat sauce.
A cleaner who was cleaning up nearby looked at the puddle of meat indifferently and said expressionlessly, "Today's twelfth one." ”
After the New York stock market crashed, I don't know how many Americans' fortunes evaporated overnight. The huge blow made many bankrupt Americans unable to hold on at all, and they had to choose to end their lives in this extreme way, and in just two days, there were hundreds of people jumping off Wall Street. If you count those who commit suicide elsewhere in the United States, I am afraid that in total, thousands of people have chosen to commit suicide.
Before Black Thursday, the U.S. stock market was very prosperous. After discovering that the real economy was not making much money at all, many Americans put their money into the stock market. In the beginning, these Americans who invested in the stock market did make a lot of money. But how long can this economy, overshadowed by the false boom of the stock market, hold on? In the context of the general economic deterioration of the United States, it is only a matter of time before such a situation occurs.
The collapse of the U.S. stock market has inevitably spread to the already shaky real economy. A large number of factories closed and workers lost their jobs, further deteriorating the economic situation in the United States.
According to statistics after the end of the economic crisis, in the years after the economic crisis, a total of 140,000 enterprises in the United States failed, of which 10,000 were banks, the number of unemployed reached 17 million, and the losses caused by the collapse of the stock market and the bankruptcy of enterprises amounted to hundreds of billions of dollars. Even if the United States is now the largest industrial country in the world, it can't bear such losses! In particular, the economic crisis continues to ferment, and as time passes, the damage to the United States will become greater and greater.
The economic crisis began to spread from stocks to the real economy, and not only industry was affected, but also agriculture and other industries. The entire U.S. economy is already teetering. Such a heavy blow made Herbert Hoover, who had just entered the White House, scramble, and he hurriedly convened cabinet members to discuss countermeasures.
"Your Excellency, the situation is very dangerous, and if we don't think about it, the American economy will collapse. When the time comes, the American Republic will collapse. Secretary of Commerce Robert P. Lamont reminded.
"But what can we do now? This is a free economy, can we still use administrative power to interfere? Herbert Hoover frowned. He was a proponent of a free economy and believed that this was the foundation of capitalism. If administrative power is used to intervene, isn't it the same as Soviet Russia?
"Gentlemen, is the situation really bad enough to be that bad? Perhaps, this economic crisis is just more frightening. However, if we rely on the self-regulation of the market, it will soon pass. Secretary of State Frank B. Kellogg also said.
Obviously, these American rulers do not realize how horrific the economic crisis they are experiencing. By the time they came to their senses, it was too late. The economy and industry of the United States have been hit hard by this.
"Let's increase the relief for the unemployed, no matter what, so that those people can fill their stomachs first. Otherwise, once there is a riot, it will be out of control. Secretary of Labor James J. Davis reminded.
"Okay, let's do it." Herbert Hoover nodded.
"But, Your Excellency, our current financial situation is not good. The number of unemployed people is very large and increasing. If we were to help all the unemployed, our finances would soon collapse. Treasury Secretary Andrew W. Mellon reminded.
"If you really can't do it, consider taking out a loan from a major bank." Herbert Hoover said.
Andrew W. Mellon nodded, but he didn't think he would be able to get a loan from the big banks at that time. In this economic crisis, the big banks have also suffered. It's just that the situation is slightly better. Now that the major banks are tightening their monetary policies, how can they lend to the U.S. government at this critical juncture?
"Your Excellency, we need to further raise tariff barriers to prevent goods from other countries from entering the United States. We have to find a way to preserve our own industry. Otherwise, the United States would have suffered heavy losses. Secretary of Commerce Robert P. Lamont reminded.
President Herbert Hoover nodded and took the suggestion. In any case, the world's major economies have erected tariff barriers to protect their industries. In such a situation, the United States will certainly have to do the same.
Although the U.S. government has taken some measures to deal with the economic crisis, it has not taken truly effective measures because it has not recognized the seriousness of the economic crisis. Moreover, Herbert Hoover and his cabinet were staunch supporters of the market economy and were reluctant to interfere with the economy by administrative means. And this has made the United States lose the opportunity to quickly come out of the economic crisis. This is also the reason why Roosevelt began to intervene in the economy by administrative means after winning the presidential election, and quickly came out of the economic crisis.
The capitalist countries, following the United States, have suffered a heavy blow. Especially Germany, the defeated country of the First World War. Because of the huge amount of war reparations to be repaid, Germany's financial pressure was very great. Under the influence of the economic crisis, more than 60,000 enterprises in Germany have closed down, and 43.8 percent of the people have lost their jobs. Under these circumstances, the Chinese Empire, on the one hand, tried to poach the scientists and engineers, as well as skilled workers, from Germany, and on the other hand, it began political speculation in favor of the mustache in Munich.
The whole of capitalism is wailing under the blow of the economic crisis, and only two countries have withstood this economic crisis. One is Soviet Russia, which is a socialist country, and the economy is dominated by the government, and there is no free market at all, so it will naturally not be affected by the economic crisis. Moreover, the Russians also saw this economic crisis as an opportunity for them. When the economic crisis broke out in the West, Stalin was ecstatic, and he declared to the top brass of Soviet Russia that capitalism had reached the end of its rope and would soon be eliminated, and that only socialism was the savior of the world. In addition, Stalin also asked the Soviet Russian government to raise a large amount of funds, all of which took advantage of this opportunity to purchase a large amount of advanced industrial equipment from the United States and Western Europe, so as to further improve the industrial strength of Soviet Russia. You must know that because of the hostility of the Western world, the industrial development of the current Soviet Russia has been greatly affected. With a lot of advanced technology and equipment, they simply can't survive. Of course, Soviet Russia was also very poor, and in order to exchange for money to buy machinery, they frantically collected grain and other agricultural products at home and exported them to European countries. Even, he did not hesitate to send troops to rob the peasants of grain, which made Soviet Russia suffer from famine every year under the condition of bumper grain harvest, and a large number of people were starved to death.
The Chinese Empire was prepared in advance, so the losses were very slight. The domestic market of the Chinese Empire is undoubtedly the largest in the world. Coupled with the market formed by the vassal states, it was enough to absorb the huge industrial capacity of the empire. The Chinese Empire had long raised tariff barriers, making it impossible for foreign goods to enter the Chinese market. Under such circumstances, the economic crisis in the Western world has not affected China. On the contrary, it also gave the Chinese empire a good opportunity to surpass the United States and other Western worlds.
With the economy of the Western world suffering heavy losses, the Chinese Empire began to prepare to go to the Western world to poach people and buy their machinery and equipment. Although, the industrial strength of the Chinese Empire is no longer inferior to that of the West, and many machines and equipment can be built on their own. However, the construction of many large-scale industrial equipment requires a lot of money and time. Now, taking advantage of the difficulties of the Western capitalist world, it is entirely possible to buy from these countries at low prices, which will undoubtedly save a lot of money and time, and will be conducive to the further improvement of the industry of the Chinese Empire.
"Your Majesty, the whole Western world is now in mourning. Are we ready to make a move? In order to buy the bottom of the United States this time, we have prepared 2 billion Chinese dollars. Prime Minister Yang Du said excitedly. After all, such an opportunity is not available all the time, and if it is not good, the Chinese Empire will only have such a chance in total.
"Wait and see, the economic crisis has just begun, and although the US economy has suffered a heavy blow, many people are not desperate. If it is launched at this time, the Americans will not agree to it. In addition, the price to pay will be much greater. Wait until the second half of next year, and we'll start shooting. When the time comes, the Americans, tormented by the economic crisis, will no longer oppose us. Wu Haoxuan said.
Yang Du nodded, he knew what Wu Haoxuan meant, that is, to do it after the economy of the United States fell to the bottom, so that he could get the maximum benefit at the lowest cost. After all, the two billion Chinese dollars that the empire has now assembled are only equivalent to one billion dollars. (To be continued.) )