Chapter 259： Big wedding (1/2)

Facts have proven that Prime Minister Granville thinks so beautifully that the biggest black hand in the skyrocketing gold price is the British consortium. Speculators are just little feet who are on the bright side.

Don't these financial consortia know the consequences of blindly raising the price of gold? Obviously this is impossible. They are all professionals, but not the amateurs of the cabinet government.

But they did it for the benefit. Even the Granville cabinet government made a decision to raise the price of gold and hinder the Vienna government's decision to buy gold.

It is just that the United Kingdom is not the United States after all, and the financial consortium has not been able to do everything in one's own hands, so it is very obscure. It just bought the suggestion made by members of the government think tank and did not stand directly on the table.

This is nothing, there are people in history who published articles in newspapers frequently read by Cabinet Ministers, which in turn affected British politics.

There is no way. Elected politicians cannot be all-round! In many fields, they are laymen, and they are at the same level as many people who eat melons, and it is not difficult to flee them.

This moisturizing method is often fooled, and politicians themselves are not clear. This is how many idiot policies are formulated.

It is naturally impossible for a consortium to raise the price of gold in order to earn such a small difference, and more of them want to hit competitors.

The rise in the price of gold drives the rise of the value of the British pound, which will naturally affect the domestic industry and commerce. For large-scale enterprises, they can sustain such short-term fluctuations.

For most small and medium-sized capitalists, there is no doubt that they have gone through the gates.

In the era of rapid economic development, everyone is expanding, and the cost has suddenly skyrocketed. In the short term, many companies have entered a loss state, and this loss of capital chain has a problem.

The opportunity for the consortium will come, either accept their terms or prepare for bankruptcy! No matter what you choose, this is a capital feast for big fish to eat small fish.

The London stock market has always been a barometer of the British economy. The fluctuations in the price of gold first hit the stock market, and the first was the speculators.

The price of gold fluctuated greatly, allowing leveraged players to successfully lose money.

The gold mining companies that had been so popular had evaporated 30% of the market value in one day, and the related industries were followed by blood mold.

According to economic experts, after the adoption of the gold standard in the New Holy Roman Empire, the demand for gold in the market increased sharply, and the rise in gold prices was inevitable.

When the stock market skyrocketed, everyone believed. Since it is good news, companies naturally need to expand production. As long as they expand production, they can make more money in the market.

Now the price of gold has plummeted, the market has been stimulated, and the stock price has been leaking. Investors have been misled, and the consortiums have successfully completed the first round of harvesting.

Not only these related companies, but other industries have also been affected. The rapid fluctuation of the value of the British pound has directly caused many companies to lose their pants.

Especially for those engaged in overseas trade, the value of the British pound rose by 20% and then returned to normal. The loss on this exchange rate is enough to make everyone cry.

For many SMEs, this fluctuation directly killed their lives. Not all companies are eligible to be acquired by a consortium, and many companies with poor performance and meager profits have directly entered the bankruptcy model.

In just a few months, more than 200 companies in the British Empire were merged and reorganized, and more than 3,000 companies were directly bankrupted and liquidated. The wave of bankruptcy is coming, and the era of big monopolies is coming.

When the late Granville government reacted, everything was late. Even if everything happened, even if the consortium were to end, the government would not be able to give these companies a life.

10 Downing Street

Prime Minister Granville sat motionlessly there, apparently the recent events have hit him a little harder.

Before the ambitions had time to show, the first fire of the new official took the stone and smashed his own feet, which seriously dampened his confidence.

After sorting out his thoughts, Prime Minister Granville said, ”Dear everyone, this time we were fooled by the consortium, and they were led away by their noses.

I'm afraid from the beginning, they jumped into their trap. This has come to an end, and the matter of accountability has been revealed first. Now how can we deal with it? ”

Everyone was silent. What could they do besides confessing by holding their noses? Looking for behind-the-scenes accounts?

They are only pushing hands behind the scenes. Within the scope of the rules, whoever makes their own judgments ineffective, they have not overstepped themselves from beginning to end. They want to find someone to settle accounts, they all know who to look for.

Hairy Treasury Secretary George Gray, stared at by Prime Minister Granville, replied stubbornly: ”Prime Minister, we still need to save the world as soon as possible to restore market confidence and prevent the situation from worsening.”

Although most of the companies that went bankrupt this time were SMEs with little competitiveness, the unemployed population brought about by the stock market crisis was real.

If you do n’t do it quickly, it wo n’t be long before the current stock market crisis and bankruptcy tide will trigger a national economic crisis. Then you really ca n’t control the situation.

Prime Minister Granville asked with a frown, ”Do you mean to continue to turn to the consortium for fear of being swallowed up by them?”

Chancellor of the Exchequer George Gray said in a very cold tone, ”But we have no choice, do we? If we don't get out of the crisis as soon as possible, then we will be nailed to the pillar of shame together and become the opposite textbook in history books.

Perhaps they would write that the idiot's cabinet government has artificially created an economic crisis in order to prevent the Vienna government from buying gold and reforming the gold standard system.

As for the issue of the consortium, isn't there any settlement after the fall? If they cooperate with us well, it will not matter if the crisis is suppressed.

If they continue to arbitrarily, it is also a good choice to pull them to **** together before we are finished. ”