The collapse continues, accompanied by a large number of stock sell-offs, resulting in a crash that cannot be contained, or rather, it pushes the situation directly to the extreme.
And faced with such a situation.
Eagle sauce is also completely panicked.
If the opening game is just a one-day crash, then there is nothing.
At most, some civilians will die.
But the successive crashes, especially in less than seven days, the entire stock index evaporated by more than 50%, which made Eagle Sauce unable to sit still.
Action was taken almost immediately.
A large number of markets began to enter the market.
At the same time, major financial predators are also trying to stabilize stock prices.
Richard Whitney, an agent for Morgan & Co., once bought 10,000 shares of steel company stock in one fell swoop.
And that's just the beginning.
Soon, generic.
The Rockefeller consortium, the First Citibank consortium, the DuPont consortium, the Boss consortium, the Don consortium, and the Mellon consortium each tried to save the market, but of course it wasn't their Madonna overflowing.
Nor are they saviors.
And this collapse directly affected their interests, which made them have to make a move, but at this moment, even if they made a move, this moment was buried in it.
The stock market is in a further avalanche.
And this kind of avalanche is just beginning.
In the twenties, there were already a number of trends that were ignored or ignored at the time to the detriment of economic development.
Agriculture, on the other hand, never fully recovered from the post-war depression, and the peasants remained impoverished during this period.
In addition, the so-called high levels of wages in the industrial sector are many of them false.
During this decade, the application of new machines squeezed out a large number of workers.
For example, in 1920-1929, the total value of industrial output increased by almost 50 per cent, while the number of industrial workers did not increase, and the number of workers in the transport sector actually decreased.
In the service sector, where wages are very low, the largest increase was made.
26 Workers were the largest, which undoubtedly included many skilled workers who had lost their jobs as a result of technological advances.
The prosperity of the stock market has alleviated this aspect of the problem, and everyone can get benefits from the stock market, huge benefits, then all contradictions and all problems will be suppressed.
But the prosperity of this kind of stock market is false after all, and when it is false and broken.
Prosperity is naturally gone.
The original problems naturally broke out, and they were even more terrifying and harmful than the original plan.
This should perhaps not be called an economic crisis, but the era of the Great Depression.
Mellon blew his whistle and Hoover rang the bell. Wall Street signaled that Eagle Sauce was going to hell!"
Mellon blew his whistle and Hoover rang the bell. Wall Street signaled that Eagle Sauce was going to hell!"
Above the street, there is the sound of children's songs.
With irony, but also with a sense of desperation.
And the entire place where the eagle sauce is located is completely messed up.
In the following time, Jiang Chen, Zhang Xuezeng, and Su Qingxuan all saw the horrors of the Great Depression era.
The collapse of the stock market, as mentioned earlier, is just the beginning.
Then comes the time of the real great tribulation.
Huge chain reactions, frenzied runs, bank failures, factory closures, worker unemployment, poverty coming, organized resistance, the brink of civil war.
"Sir, Eagle Sauce this time, I'm afraid something is really going to happen!"
Looking at the chaotic streets, Zhang Xuezeng opened his mouth with palpitations.
He didn't expect that in just a blink of an eye, the prosperity would be gone, and in exchange, it would be full of devastation, and he could clearly feel the difference in this kind of chaos.
Maybe this time, the whole Eagle Sauce will be completely in tragedy.
"And that's just the beginning~!"
"Their suffering awaits them next!"
Jiang Chen's gaze retracted, with a faint expression.
As he said, this is just the beginning.
Crazy run.
Banks are closing, factories are closing, workers are unemployed, and poverty is coming.
These are more than just a few words.
The theory of capitalist society produces great harm, and at this moment it is a vivid lesson for the whole West, and for the whole world.
"It's not started yet!"
Hearing Jiang Chen's answer, Zhang Xuezeng couldn't help but be surprised.
He really didn't expect that now that the entire Eagle Sauce had fallen into complete chaos, Jiang Chen even said that it hadn't started.
"Look!"
Jiang Chen said simply.
There was no further speech.
He knew how great the damage was this time.
Agricultural capitalists and large farmers destroyed the "surplus" produce in large quantities, used wheat and corn as fuel for coal, and poured milk into the Mississippi River, turning the river into a "galactic galaxy".
The city's homeless people built humble shelters out of wooden planks, old tin sheets, tarpaulin, and even brown paper, and these huts were clustered in villages known as "Hoover Village.
" The homeless people's food bags are called "Hoover bags", the cars that are pulled by animal power because they can't afford to buy fuel are called "Hoover cars", and even the newspapers covered by homeless people sleeping on street benches are called "Hoover blankets".
The apple vendor on the street became one of the most recognizable symbols of the Great Depression.
Among those who were forced to earn a living by running itinerant fruit stalls were many former successful businessmen and bankers.
And this is just a simple narrative of later generations, but in reality, the situation is much more serious than this.
During the Great Depression, about 2 million to 4 million secondary school students dropped out of school; The most important of these is unemployment.
In Eagle Sauce, the total number of unemployed people reached 8.
3 million, and in the cities, the poor queued for relief food for several blocks.
John Bull, on the other hand, has 5 million to 7 million people who are unemployed and have to wait in longer lines in the labor market.
The catastrophe caused by the Great Depression is unprecedented in human history.
It was even more serious than the "three-year famine" from 1959 to 1961, during the three-year difficult period in China.
The Great Depression broke out in 1930~1933 with a severe economic crisis, a great famine and widespread malnutrition throughout the country, resulting in the unnatural death of a large number of people. The most conservative estimate is that at least 7 million people died, about 7% of Eagle Sauce at the time.
In the "Glory and Dreams" that records history, it is written: "Millions of people have been saved from death only by living like animals." This scenario describes the state of people's livelihood during the Great Depression.
And now it is only 1929, and it is just the beginning, and this kind of tragedy will reach a peak in 1932.
To this, to say sympathy.
Seriously, Jiang Chen didn't.
The Europeans were not necessarily sympathetic to the beasts that plundered the world like wild beasts.
The same is true today.
Although there are some differences between Eagle Sauce and Europe, this difference is actually not big, the people on Eagle Sauce's side are almost the same origin as those in Europe, and what Eagle Sauce does here is not much less.
Jiang Chen is not really a virgin, and her heart is overflowing to the extreme.
Wanted to save the country.
He had only come to plunder the riches at this time.
This huge financial crisis is said to have brought about as much as 20 billion yuan.
On Eagle Sauce alone, his income is as high as 15 billion US dollars, which is definitely a terrifying value, and his family wealth has begun to approach the goal.
Family: Jiang family
Level: Level 6
Introduction: Your family has become famous in China, and it has become famous in the world, please continue to work hard.
Upgrade conditions: Reach 100,000 fame and exceed 100 billion assets
Current Fame: 601111 points
Current wealth: 89.2 billion silver dollars
Compared with the initial data, his assets have undoubtedly increased a lot, not only with this increase, but also with the accumulation over the years, and now it is close to 90 billion silver dollars.
In other words, he was only 10 billion silver dollars away from reaching his goal. (If you read a violent novel, go to Feilu Novel Network!)
It's just that, as I said before, I'm afraid that this 10 billion silver dollars will be difficult to reach.
Especially the next Great Depression, which caused the entire world capital to be hit hard, but there was no chance for him to gain such a huge wealth again.
As for shorting.
Now the stock market of the whole world, although he knows that it will continue to collapse.
But in this era, no one has the ability to take this order anymore. []
No one even dared to take this order anymore.
But fortunately, Jiang Chen needed more than just cash.
Wealth is also OK.
He has now arrived in the land of Eagle Sauce.
It's not just for the sake of the stock market and the income of the capital market this time, his bigger goal is still on the next Eagle Sauce Land, the huge enterprises.
Perhaps in this era, no one knows what level those companies will go in the future.
But Jiang Chen understood.
And it won't be long.
He only needs to buy shares in these companies at the lowest point, and then he only needs to wait for time for his fortune to skyrocket quickly.
Even if there is a financial upgrade problem in the future, he can quickly solve it.
This is Jiang Chen's true purpose.
Today, it's just an appetizer.
Not even a start.
It's just obvious that no one knows this at the moment, and even Smith doesn't know what his young master thinks.
And the outside world is even more incomprehensible.
Now the run has spread further.
And when time passed, after entering 1930, the terrible economic crisis began to spread to all parts of the world through the land of eagle sauce.
First and foremost is Europe.
Due to the huge trade deficit and the large amount of debt owed to Eagle Sauce after the First World War in Europe, the impact of Eagle Sauce has been transferred in an instant with the arrival of the economic crisis.
The already fragile land of Europe was almost swept across.
The system that the world had formed with great difficulty because of the First World War became so fragile at this moment that it began to sway in the wind.
And with this opportunity.
The mustache has finally stepped onto the stage of history.
Although he also showed his style before.
But after all, he was still 410 one chance short.
Now is undoubtedly the best time to do so.
Elsewhere on the European continent, chaos began to fall.
The most direct impact of the chaos in Europe is that the polar bear has lost its external pressure, and without external pressure, the iron-blooded emperor also started his own purge activities at this moment.
This kind of cleansing.
The polar bear's strength began to shrink.
Meanwhile.
Island country.
As the Asian country most deeply involved with the West, this moment is also the biggest impact.
On the first day of 1930, the stock market of the island country completely collapsed, and the shareholders of the entire island country were in mourning.
And that's just a few.
The most important thing is the impact on farmers.
And more importantly, during the First World War, the island countries lent a large amount of money to the European continent, and now Europe has been impacted, which has also affected the recovery of these loans in an instant, so that the contradictions of the entire people have been raised to the highest point at this moment.
The storm swept through at this moment.
In the middle of the Northeast.
The original imminent move is about to turn into action at this moment.
War seems to be on the verge of breaking out.
This point, when the time entered 1931, undoubtedly reached its peak.
And yet this moment.
The whole world is not interested in paying attention to this.
Europe is in shambles.
The situation that recovered a little, because this time the Great Depression and the economic crisis collapsed in an instant.
Originally, their economy was a little crumbling because of the First World War, but now it's okay, it's just over.
Polar bears, too, are in complete chaos because of the Great Purge.
Land of Eagle Sauce.
As the location of the outbreak, it is even more difficult to explain at this time.
For a time, heaven on earth was even more miserable than Huaxia at this moment.
At least today's Huaxia can still ensure basic stability, but here it is even more chaotic, and the entire Eagle Sauce Land seems to be in danger of a complete collapse at any time.
And the leader of Eagle Sauce is powerless to solve the incident here.
Instead, the incident worsened.
Quietly watching this scene.
He was waiting.
Waiting for further evolution, but also waiting for the time to come.
It's just that it's not just a historical coincidence, it's also an inevitability of heaven and earth.
The original trajectory finally happened.
(The third more, it's so annoying, the separation affects the reading, and the separation is not sealed!).
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