On August 14, 1928, more than 20 people of different skin colors and countries gathered at the Presidential Palace in Xiangyang City, the capital of the South China Sea Federation. Most of them were middle-aged and elderly, and the youngest was 40 years old.
Up above, everyone was sitting at the large conference table of the Presidential Palace, with serious expressions. Some lowered their heads and flipped through the thick information on the table, while some were biting pens and rubbing their temples.
What are you thinking about?
This was a research meeting on economic issues secretly held by Liu Fu. In addition to several major federal economists and bank presidents, the Minister of Finance, and the Minister of Commerce, those present were David’s economic advisory team and the Jewish people.
Economic experts, these people have been meeting together for three full days, and finally determined from various aspects of data that this economic crisis is likely to break out.
Consistent with Liu Fu's half-knowledge in his memory, these experts all agreed that Germany was a major source of the economic crisis, followed by the United Kingdom and the United States. Germany's main problem was the war debt problem, and the huge amount had already
The pressure brought the German government to the verge of collapse, but countries such as Britain and France refused to accept German industrial products to repay debts in order to protect their domestic industries. This caused a large number of German factories to shut down and the unemployment rate gradually increased;
Britain's main problem was that it lost too much blood after the war, but it still had to maintain its rule over many colonies around the world. During this period, each colony was affected by the Soviet Union, and wave after wave of wars broke out.
A wave of u l and revolutionary movements caused the British government to continue to lose blood, and it was unable to use limited funds to restore the domestic economy.
The main problem in the United States is actually that there are problems with the economic policies formulated by its government. After Coolidge came to power, the president and his Treasury Secretary Andrew W. Mellon have been committed to cutting taxes and reducing the size of the government. Regarding economic issues, this
American president advocated zheng
The fu should interfere as little as possible, and all economic problems should be solved by businessmen through their own trade. As a result, although this policy has stimulated the industrialization process in the United States, it has left big loopholes in financial supervision.
, causing speculation in the U.S. stock market to become increasingly serious.[
In addition, in order to prevent Germany from falling to the Soviet Union, the United States invested a large amount of money in Germany to help Germany recover its economy, but these investments were unable to be effective because of France's hatred of Germany. As a result, the United States purchased German government bonds and large investments
It may become a bad debt, which also makes the U.S. stock market full of dangers.
In the end, there is another culprit, the South China Sea Federation. During World War I, the South China Sea Federation obtained even more economic benefits than the United States. A large number of ships, textiles, medicines, grain, and lumber orders gave the Federation sufficient
However, after the war, the federal government not only failed to help European countries alleviate their economic difficulties, but also further squeezed the European market through various industrial products, which increased the economic burden of European countries.
Although they know the cause of the economic crisis, none of the people here, including Liu Fu, can do anything to prevent the outbreak of this crisis, because no one can call these countries together and follow unified arrangements to work together to resolve this crisis.
, so this crisis cannot be avoided. At present, we can only find ways to let the federal, heterogeneous, David, Schneider and other related countries and companies minimize their losses in this crisis. As for other countries, I'm sorry.
I really can't take care of it.
In comparison, the crisis in the heterogeneous series is the smallest, because it is still in the construction stage, and it basically spends money to buy goods, and does not care about export trade, so this crisis is actually a good thing for it.
Because prices are cheaper.
Compared with the heterogeneous series, the crisis in the South China Sea Federation is not the biggest, because the federation’s economy is relatively u
l, and it is located in Asia. It not only has a relatively good domestic consumer market, but also has another largest market in the world - China. Although the civil war in China is not over yet, the overall domestic consumption level is not very high.
, but there are too many Chinese people. The market of hundreds of millions of people, with a little cultivation, will be enough for the federation to eat and drink. Therefore, although the federation is in crisis, it is far from fatal. It is only limited to a few industries such as shipbuilding, electronics, and automobiles.
The impact is relatively large.
David's Electrical Appliance Group and Schneider's Energy Group have been hit much harder. First of all, their company's development focus is in the United States, and the United States will be the hardest hit area by the financial crisis. Secondly, the industries they operate
They are all industries that are relatively vulnerable to impact. Electrical appliances and cars are high-consumption industries. If you can barely afford food, who would buy a TV or refrigerator? Petroleum products are energy products. Factories are shut down and car sales are declining, which means that energy is needed.
Less.
This large number of economists quickly formulated countermeasures for the foreign countries and the South China Sea Federation to deal with the economic crisis in the future, which was to reduce the speed of federal economic development, especially in industry, and then change the export target from Europe and the United States.
The focus began to shift to Asia.
However, when advising the two large groups David and Schneider, they encountered great difficulties. No matter how hard they tried, they could not come up with a way for these two groups to survive the economic crisis.
In the end, they only came to one conclusion, that is, they will start from now on
They began to shrink their business, began to reduce or suspend production, lay off some employees, and retain only part of the core business. Although this method is somewhat self-defeating, it is better to start the transition slowly in advance than to wait until the economic crisis breaks out before adjusting.
The loss is even smaller.
There was nothing David could do about this result. Since these experts had prescribed a prescription, including economists from his own group, there was no need to doubt the quality of the prescription.
All that was left was to take the "medicine" as prescribed and take it on time. Seeing David's unwillingness, Liu Fu suppressed it for a long time, and finally resisted the suggestion he had originally made: during this economic crisis
Can you use the stock market to make profits?
In later generations, Liu Fu has seen many man-made economic crises. Many people and institutions have been involved, and even the country has suffered heavy losses. However, some people have taken advantage of these crises and made huge profits.
.However, Liu Fu held back in the end because he did not understand these financial techniques. At this time, if David went his own way to gain benefits from the stock market, it would be of no benefit whether he succeeded or not.
If David succeeds, then David will become an enemy of the American financial community and even the American government. Then David's business development in the United States will be greatly restricted in the future, and he may even involve other people.
On top of that, if it arouses the hostility and attention of the American government, no matter how David and Liu Fu try to cover it up, there will always be traces of their relationship.
If David fails and loses more money, it is meaningless at all. Liu Fu knows David's temper well. At this time, as long as he gives David a possibility that can reduce his losses,
He is very likely to go all out to fight for it. To put it bluntly, he is a chicken thief who can only take advantage but not suffer losses.
As for whether other people, including Jews, will make huge profits in this economic crisis, that is not Liu Fu's concern. If he were not worried that David and Schneider's companies would suffer disaster, Liu Fu would not even want to interfere in this economic crisis.
, he wanted to take a look at the federal government
Under the control of Fu, how strong is the economic strength of the Federation? It cannot withstand the impact of strong winds and waves, because according to common sense, Southeast Asia is not the hardest hit area. Proper torture is not only good for people, but also good for people.
An institution or a government is necessary.
But David and Schneider's group is still very necessary for the development of the Federation. At present, Liu Fu's personal industry is no longer the only source of income for the Federation, although the Federation has not yet developed a world-class company like Andrew Electric.
It is a multinational group company, but most of the brands of Federation products have gone abroad. After being recognized by the market, Federation’s export trade has matured. (To be continued...)
