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Chapter 47 The New York Stock Exchange

The press conference lasted for one and a half hours, during which Liu Fu answered more than ten questions from reporters. These questions were very pointed, and Liu Fu answered them very toughly.

The next day, interviews and reports from the previous day appeared in major newspapers around the world. The content was basically the same as Liu Fu’s speech at the press conference that day. It was basically a truthful report. What Liu Fu said at the press conference,

Many of them are very direct and undiplomatic, and many of them directly touch on the diplomatic and internal affairs issues of other countries, so this

As soon as these reports came out, they aroused dissatisfaction among the people and governments of various countries in Europe and the United States. People in the press and political circles of various countries came forward to accuse Liu Fu, as the president of a country, for not speaking so freely. However, most of these accusations were unofficial, and the governments of various countries did not

For any overly radical expression, at most it would be a few words of mild protest, and then nothing more would be done.

This is not because the governments of various countries have any concerns, but at present, the South China Sea Federation has indeed occupied a dominant position in Southeast Asia. Now it has established normal diplomatic relations with China, the only major country in the region, and has also taken Taiwan's initiative.

was returned to the Republic of China government, and both parties were in the honeymoon period.

It is difficult for other countries to use diplomatic means to interfere in their internal affairs. Moreover, the South China Sea Federation basically controls the entire Southeast Asia region. Now Europe, the United States and other countries cannot intervene even if they want to, unless they choose war, but currently no country is willing to do so.

He went to war with the Federation because of Liu Fu's distasteful words.

With the official return of the island of Taiwan to the government of the Republic of China, the economic cooperation between the South China Sea Federation and the government of the Republic of China has officially begun. The first airline to settle on the island is United Airlines. It will lease the Danshui and Erythronium aeruginosa from the Republic of China government.

As an airport, flights to Anzhong, Luzon and other places were officially established in Taiwan and operations were officially launched.

Seeing that United Airlines has begun to invest in Taiwan, most of the private consortiums in the Federation finally relaxed and went to the island to build factories to produce products suitable for sale to the mainland. And those small chambers of commerce also because of

With abundant mainland distribution channels in hand, they have received continued funding from those large consortiums. With these small chambers of commerce, the large consortiums that invest in and build factories no longer have to worry about sales.

The Republic of China government moved a little slower. The first thing they did was to send troops to take over the former federal military facilities in Keelung, Hualien, Citon and other places. Then, under the guidance of federal technical personnel, they began to gradually use some of the equipment that had been sealed.

Gradually begin to restore these ports and bases

However, facilities such as shipyards, repair shops, shipyards and submarine bases cannot be operated independently based on the current capabilities of the Republic of China government. This is because many mechanical equipment and technical personnel need to be purchased or hired from the federal government. This is

It cannot be completed in a short time.

In addition to the government's actions, several large trading companies in China have also set up formal warehouses on the island of Taiwan. Compared with those of the federal small chambers of commerce, these large trading companies with obvious government backgrounds will sell large quantities of goods to Taiwan.

Mainly importing goods, their main target is steel,

Petrochemical, pharmaceutical, machinery, electromechanical and other products, Taiwan Island, which had been desolate for several years, is once again booming. Groups of people who are building, preparing, visiting, and planning are boarding ships of different companies.

Once here, even the entire Fujian region was affected.

On March 4, 1929, the 31st President of the United States, Herbert Clark Hoover, was sworn in. This president is also famous in American history, but most of it is negative. This man who started his career through personal struggle fully embodies

The "American hero" who embodies American personal values ​​promised to all the American people during the campaign that "every family will have two chickens in the pot, every family will have two cars, and poverty will disappear from the United States."

Since the United States was at the peak of economic development at that time, with prosperity everywhere, the "Coolidge Boom" was at its peak, and with the majority of Republicans in Congress, President Hoover could be said to have entered the White House in a state of song and dance.

Even the "Wall Street Journal" at the time wrote an article to celebrate the president, saying, "The government has never been as involved with business as it is today. There is no doubt that Hoover is a very capable business president, and he will also be the leader of the United States."

The first business president."

However, the president who was a mining engineer and his staff did not realize that the real estate and stock bubbles in the United States are now approaching their peak. The average price-to-earnings ratio of the Dow Jones Index has reached an unprecedented 25 times. He will certainly not be so proud of it.

You would have thought that in half a year, an economic crisis would break out in the United States and enter a 25-year depression period. It would be 25 years before the Dow Jones Index returned to this number.

On Monday, July 8, 1929, the New York Stock Exchange was abuzz with people. Although the market had just opened, the atmosphere inside had already reached its peak. The traders on the floor wished they had ears all over their bodies and could answer 10 calls at the same time.

The customer's phone number is the best.

In the corridor of the exchange, two middle-aged men in black suits were smoking and talking:

"Pierce, I really envy your vision. The stocks you bought last week have now risen by 50%. Your clients must now regard you as their God. It's a pity that I didn't listen to you last week.

, I bought another one, and it has only increased by 10% so far. My customers are still trying to eat me up this afternoon." The short man said with an expression of envy and jealousy, looking at the tall man opposite,

Both of them are account managers of the exchange, responsible for helping customers choose investment directions.

"Barr, I always feel that this kind of increase is a bit uncertain. If Alice hadn't forced me, I would definitely not have mortgaged the house to the bank. What if something went wrong and what would happen to my two children? I plan to mortgage it in the afternoon.

Sold all the stocks on hand. Anyway, I have made some profit, so I can explain it to Alice when I go home." The tall Pierce was not very happy. He had been working in the exchange for 10 years and had never seen anything like this before.

There was a crazy rise, and his instinct was reminding him that there was danger.

"Alice still loves buying clothes so much? I sympathize with you buddy. It's not easy to raise a beautiful wife. My house has long been mortgaged to the bank, and my father-in-law's house has also been mortgaged. Don't hurry up and make more money now.

, I'm afraid I won't have a chance in the future." The short Barr didn't care. He was Pierce's colleague. The two were classmates in college and worked on the exchange together.

"Something happened inside, stop licking and go see what's wrong!" Pierce saw the sudden commotion among the traders in the hall through the crack in the door. He quickly patted Barr on the arm, then opened the door and walked away quickly.

Go in.

The exchange hall was like the Beijing Railway Station during the Spring Festival in later generations, crowded with people and bumping into each other, and what was even more annoying were the various orders and the shouts of taking orders one after another. It was worse than a toad pit, and people with mental weakness

You can't stay here for even a minute. Normal people will suffer from neurasthenia if they stay here for a long time.

At this time, the hall was even noisier than usual. The traders all showed expressions of disbelief and frustration. They were roaring with red faces. Due to their bad mood, almost every sentence they said included "fuck", "

Sell ​​them for fucking 3,000!", "Sell them for 5,000."

"Pierce, what's wrong?" Barr, who came in later, hadn't figured out what was going on, so he poked Pierce in the waist and asked.

"Barr, they are all dumping goods, look at the stock price." Pierce didn't even look back, answering Barr's question while looking at the sign on the wall.

"...What the hell is going on..." Barr followed Pierce's gaze and looked at the display board. The tumbling counters on it were rolling down like snow flakes, representing stocks.

The price figures also quickly became smaller as these brands flipped. Such a wide range of stocks were falling in price. This situation had not happened on the New York Stock Exchange for several years, so much so that Barr had forgotten that these brands were still there.

Can be flipped down.

"Quick... Barr, ask your traders to sell their stocks quickly, I hope it's not too late." Pierce said a word and squeezed into the hall. (To be continued...)


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