That's right, the economic crisis in history in the original space and time came one month early in this dimension.
As we all know, the causes of the economic crisis are complex and are caused by many reasons.
Capitalists are at fault, as they blindly expand production regardless of the relative poverty of the people and their purchasing power is lower than their production capacity, resulting in a massive backlog.
The masses are also blamed.
The excessive expansion of credit consumption has caused false prosperity in the market and intensified the contradiction between production and sales.
As well as the financial industry, stock speculation is rampant, and stocks cannot reflect the actual situation of the economy, causing false prosperity in the economy and covering up production and sales.
There is also the government's fault.
At that time, European and American governments were deeply influenced by laissez-faire economic thinking and adopted laissez-faire economic policies domestically.
They believed that the "invisible hand" would perfectly solve all problems, leaving the entire social production in an anarchic state. state of chaos.
Anyway, as far as the economic crisis is concerned, basically many people are responsible.
It’s just a matter of how much responsibility.
After World War I, the participating countries held the Geneva Peace Conference and the Washington Conference, established the Geneva-Washington System, and temporarily adjusted the relationship between the old and new powers.
In the 1920s, the entire world was in a relatively stable period.
Although there were independence liberation movements in the colonies and all-out wars in South America, peace was generally the main thing.
At least there were no direct conflicts between the big gangsters.
Therefore, the major powers have entered a golden period of rapid development.
In this dimension, due to the miraculous rise of China, there is another huge market and suppliers in the world, so the economic development is more vigorous than in the original time and space.
During the First World War, the United States gained a lot of food.
It gained a large territory and many subordinates, and added many markets and raw material production areas.
Its development situation was more prosperous than in the original time and space.
All walks of life were in full swing, and the economy was booming.
Incredible.
Basically, no matter what industry you invest in, you can make money.
Therefore, the U.S. stock market has been extremely bullish in recent years.
Basically, it is a bull market every day.
It is not the bull of small bulls, but the bull of big bulls, giant bulls, and bull devils.
Anyway, it is bullish.
All major sectors are all green, and the green curve is rising slowly.
The green in the U.S. stock market represents rising.
But this is how the economic crisis came about.
The skyrocketing stock market made people all over the United States go crazy.
Who could bear it if they could sit at home and collect money just by buying a stock.
Driven by human greed, the entire United States is immersed in the dream of making a fortune.
Every household is speculating in stocks, and speculation is extremely rampant.
Moreover, major financial groups are also preparing to take the opportunity to shear sheep, so they are naturally fanning the flames.
There are also some forces with ulterior motives who are also fueling the flames for certain purposes.
The combined force of these factors has made the U.S. stock market extremely popular.
Investing one dollar in the stock market usually doubles within a week.
When it is particularly hot, it can double several times in a day.
At that time, there was no system of upper limit and lower limit.
In such a heated atmosphere, the American people are going crazy.
They not only took out all their savings, but also mortgaged their factories, land, real estate and other real estate to banks, and even mortgaged their ancestral jewelry, all in order to obtain more funds for stock trading.
As we all know, the stock market itself cannot produce products.
It is just a game of financial speculation.
Once it goes too far, financial bubbles will appear.
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These bubbles also have their limits.
Once they reach the critical point, they will burst.
It exploded with a bang.
In fact, it is not that no one in the United States has seen this.
Many scholars, financial practitioners, and government think tanks have repeatedly raised concerns about the overheating of the stock market.
However, this is of no use.
In the hot situation of national participation, these warnings fell on deaf ears, and no one took them seriously at all.
In other words, some people took them seriously, but they always felt that they could get ashore in time.
They said, "Get another vote, get this vote."
Let’s stop.”
Therefore, the economic crisis in this plane is bound to occur, it just depends on when it will occur.
But the direct trigger of this economic crisis was the flight of a large number of American Jews.
The Jews want to go to Asia to build their new homeland.
Naturally, they cannot go empty-handed.
Whether it is Israel or Gujarat, they are full of waste.
What can they do without money?
So he withdrew a large amount of funds from the United States.
And they sold stocks and real estate to cash out in order to get enough cash to buy supplies.
If Jews had invested these funds in the U.S. market and bought things from the United States, the economic crisis might have occurred even later, and even pushed the stock market to an even hotter level.
However, savvy Jews will obviously choose cheaper goods.
The United States is too far away from Israel and Gujarat.
Not to mention the price of the goods themselves, the freight alone is very high, so they place a large number of orders with Europe and China are closer.
Especially cost-effective products made in China have become their top priority.
Stocks were sold off, cash was withdrawn from banks, and the Jews raised large gold reserves.
Because of these factors, the massive withdrawal of Jewish funds led to the premature bursting of the stock market bubble.
At the beginning of August, a well-known private statistical organization expressed concerns to the media, believing that the United States would experience a Great Depression of unprecedented scale, and the Dow Jones Index fell slightly.
But then, President Hoover claimed that the U.S. economy was fundamentally sound, and the stock market climbed again on a large scale, but an atmosphere of alertness enveloped Wall Street.
On Thursday, September 5, 1929, there was an unprecedented selling trend and the stock market began to fall.
After that, it plummeted every day.
By September 11, the stock market crash reached its peak.
More than 30 million shares changed hands.
The Dow Jones Index plummeted by 22% again, breaking the historical record again.
The losses caused were only more than the foreign debt owed by the Allied Powers to the United States.
Several times more.
During this period, although some financial giants tried to save the stock market, such as the Morgan consortium that bought tens of thousands of shares of various companies in one fell swoop, it was to no avail and the stock market plummeted.
The U.S. stock market collapsed, and the glamorous financial bubble suddenly burst.
Stock prices plummeted every day.
High-priced stocks became waste paper overnight, and companies and individuals rushing to buy securities were reduced to paupers overnight.
On the buildings on Wall Street, people perform free-fall movements every day.
In various luxury houses, mainly the newly wealthy, crisp gunshots can be heard from time to time.
After thinking about it, President Hoover beat his chest with regret.
He expressed with great remorse: "I'm really a loser.
I'm an opium cow that can be shot even when I'm lying down.
Now I've been tricked by you."
October 2, 1929, 2770 AD, Hanking.
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"Do you think it is possible to reverse this crisis in the United States?"
Wen Desi asked Liu Yang, the country's top financial expert.
The collapse of the New York stock market not only caused an economic crisis in the United States, but also quickly spread to the entire world.
Germany, France, Belgium, Austria, Sweden, Norway and the Netherlands, and even the United Kingdom, which caused the fuse, have also been affected.
It has also triggered a large-scale stock market decline in old Europe.
Given the close trade between China and Europe and the United States, it will naturally be affected.
Liu Yang shook his head and said: "It's impossible.
The securities bubble in the United States has been blown up too much by them, and the support within the economic system has been diluted.
Once it cannot withstand the pressure and begins to burst, it will inevitably be like a domino.
It is generally irreparable.
At this point, it is beyond the reach of any manpower, whether it is the government or the consortium, it is too late for them to intervene."
"So how much damage will this economic crisis cost?"
Liu Yang, chairman of the Federation of Finance and Finance, thought for a while and said: "The current situation is too chaotic.
I can't yet determine the final extent of the disaster.
However, one thing is certain.
The damage caused must be extremely huge and huge."
It may be more than it was in history.”
"Yeah" Wen Desi nodded.
As a time traveler, he is naturally aware of this economic crisis.
He is even more aware that with the current capitalist system, the outbreak of economic crisis is inevitable.
This is a real system problem that no one can do.
It's just that history has changed beyond recognition, although he cannot determine the specific time and scale of the crisis.
But now that he knows, of course he will be prepared.
His deployment around the world over the years has not been in vain.
He will not be short of intelligence contacts abroad.
There are also a large number of computers and experts in the country analyzing such incidents.
After Opium Niu, a troublemaker, came up with the Jewish homeland plan, Liu Yang, who was extremely keen on finance, realized that something would go wrong.
With Liu Yang's ability, he will naturally not let go of the U.S. securities market, a huge source of wealth.
In the past few years, he invested a lot of money in the U.S. securities market to make money.
Moreover, he not only used the power of the state, but also organized a large amount of private capital to go shopping on Wall Street overseas.
He even organized the capital of the member states of the People's Revolutionary Federation and the Shanghai Cooperation Organization.
It would be great if the boss takes you to make a fortune together.
Subsequently, China Finance Federation took the lead and with the participation of various forces, hundreds of vest companies dedicated to the U.S. securities market were established.
In recent years, relying on the popularity of the U.S. stock market and the operation of experts such as Liu Yang, it can be said that there is a huge profit.
The expert team of the Financial Alliance also had plans for the timing of the economic crisis.
They used the computing power of the quantum computer "Xiao Feifei" to conduct various calculations.
To be honest, the time they originally calculated for the critical point to occur should be the end of this year or the beginning of next year.
So according to Liu Yang's plan, he planned to lose weight by the end of the year.
But because of the opium cow, things were brought forward.
Liu Yang was a person who knew what was right, so as soon as he felt something was wrong, he immediately ordered to stop in advance.
Anyway, I have already made a lot of money now, so there is no need to take risks anymore.
So under his command, funds from China and various subordinates gradually withdrew from the U.S. securities market starting in June.
Before "Black Thursday", the vast majority of their own funds had completed the withdrawal, and only a very small amount of private capital that did not listen to the warning was still there.
However, after they saw that the momentum was not right on "Black Thursday", they quickly issued tickets at a low level.
Leave.
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After it was determined that the U.S. economic crisis was irreversible, China Finance Federation immediately began to issue a series of relevant policies and new regulations for the securities market and banks, tightening monetary policy and reducing investment.
Also require all juniors to implement the same policy.
"Then how much impact will our country be affected by this?"
Wen Desi said calmly.
He doesn't care what happens to Europe and the United States, but he must care about the situation of his own country.
Liu Yang smiled: "Mr.
Wen, because we evacuated in time, our investment in the United States not only did not suffer losses, but also made a lot of money.
At the same time, the monitoring mechanism we have established in the domestic financial field can only ensure that China's securities There is no related bubble in the market and it will not collapse along with the U.S. stock market.”
Then, he changed the topic: "But the negative impact of this economic crisis is still very large.
Today's China is deeply connected with the European and American markets.
The United States is our largest trading partner, and the United Kingdom is our second largest trading partner."
Partners, Germany and France follow closely, accounting for more than 70% of my country's total import and export trade with European and American countries.
The bursting of the U.S. stock market bubble will have an unprecedented impact on the entire European and American economic system. , our import and export related companies will also be severely affected."
"So how should we respond next?"
"Mr.
Wen, we should immediately activate the SCO emergency plan, start to establish external tariff barriers, increase tariffs, and exclude European and American goods from the SCO market.
At the same time, our country should also increase the construction of housing, The scale of construction of various infrastructures such as bridges, railways, and environmental renovations will be used to stimulate domestic demand, and the above measures cannot be limited to the country, but must also be extended to the control scope of the Human Revolutionary League and the Shanghai Cooperation Organization."
Liu Yang said with joy: "Today China controls nearly 30 million square kilometers of land and more than 700 million people.
Including the member states of the Federation of People's Revolutionaries and the Shanghai Cooperation Organization, the total land area exceeds 40 million square kilometers. , with a population of over 800 million, infrastructure projects that can be used to stimulate domestic demand are everywhere, which means that we can easily develop these lands.
The market potential on the ground can be used to revitalize our country's economy.
The markets of each member country can also provide enough tension for the Chinese economy to withstand this financial impact from overseas.
According to the calculations of our Finance and Financial Alliance expert team.
"As long as we follow our plan, we can survive the crisis sweeping the world after a transformation period of up to one year."
Liu Yang is very confident in this.
Today, China's domestic market is far from saturated, and the same is true for all member countries of the Revolutionary Alliance and the Shanghai Cooperation Organization.
China and its younger brothers have a lot of infrastructure to build, although import and export are definitely will be affected, but can be transferred to the internal circulation of the SCO.
After a transformation period of at most one year, you can watch the fire from afar. s: It’s the last day of the month.
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