Chapter 1004: Lose money (1/2)

The disaster in Europe, the Americas naturally can't escape. With the vigorous development of international trade, economic ties between countries have become increasingly close.

After the outbreak of the economic crisis, not only the downstream manufacturing and retail industries suffered heavy losses, but the intermediate wholesalers and upstream raw material suppliers could not escape.

Then, beef and soybeans in Argentina are not selling well, copper mines and saltpeter in Chile are unsalable, and cotton in the Union countries is rotten. The worst loss is naturally the United States of America, which is the furthest along the road to industrialization.

No way, as soon as the economic crisis broke out, big dumping came. In this regard, the interests of Britain and Austria are the same, which can also be regarded as the common will of European countries. After the split, the Americans have no confidence to refuse.

Not only was the market hit, but the most tragic thing was that British capital had withdrawn its investment in the United States at a critical time in order to cope with the domestic crisis.

The upheavals of strikes, unemployment and populism spread like wildfire. Especially the ”Free Silver” movement in 1892 intensified this crisis.

It has not been a day or two since the price of silver has fallen. The ”free silver” policy has undoubtedly put the dollar on the path of devaluation and inflation.

It is not that Americans do not know the consequences of the ”free silver” policy, but are mainly forced out. Facing the competition of European industrial and commercial products, domestic companies in the United States have little power to fight back.

In order to protect domestic industries, the US government has to adopt stimulus policies. As for the sequelae caused by this, the ordinary people are naturally paying the bill, and agriculture is undoubtedly the heaviest loss.

However, the United States has been divided once, and the strong agricultural states have almost all gone with the Confederate states. The remaining states are dominated by capital, and naturally no one cares about these small problems.

When inflation encounters an economic crisis, the situation is completely different. The decline in the purchasing power of ordinary people directly led to the further shrinkage of the market, and the vicious economic cycle began.

The withdrawal of British capital exacerbated the crisis, and a strange scene appeared. On the one hand, inflation is severe, and on the other hand, there is insufficient currency on the market.

The United States of America, which has a serious shortage of gold reserves, has fallen into a currency crisis while falling into an economic crisis.

In response to the crisis, Cleveland, the Democratic president of the Democratic Party, took decisive measures to get rid of the Great Depression: issuing government bonds to buy gold.

Bankers will naturally not give up this opportunity to make a fortune. While providing gold for these high-interest-rate bonds, they exchanged paper money for gold reserves.

Just like this, the gold is still the original gold, the reserve has not increased much, and the intermediate interest rate difference has made the bankers earn a lot of money.

Looking at the intelligence in his hands, Franz very doubted whether Cleveland was bought by the bankers. This kind of brain-dead monetary policy was taken out.

Doubts belong to doubts, and it doesn't affect him to get in and get a share. The only regret is that the United States is not fat enough these days, the plates are too small, there are too many people who divide the cakes, and even fewer people can get them as a dragon.

The spread of 680,000 U.S. dollars is the result of one month's operation of the Americas branch. For ordinary people, it is a huge sum of money, but for Franz, it is better than nothing.

Later, Franz didn't care anymore. Any brain-disabled policy is not sustainable, and this policy of sending money is no exception. If Cleveland keeps playing like this, the US government may be overwhelmed by debt before the end of its term.

No matter how wonderful the gold bond policy is, it cannot affect Cleveland's being a ”good president.” Just by repealing the McKinley Tariff Act, known as the ”Mother of Trusts,” he must be a ”good president.”

...

According to the financial world, everyone is tied to risk, so it is not a risk. The same can be applied here. The economies of all countries in the world have fallen together, or it can be about equal to no decline, at least in terms of national strength.

The goal was achieved, but Franz was not happy. In any case, always find a way to survive the economic crisis.

All countries have been dragged down, leaving no opportunity for competitors to rise up. Strategically, they succeeded, but it has become more difficult to restore the economy.

Looking at the world map, Franz reluctantly said: ”The Ministry of Foreign Affairs is ready to mediate the Japanese-Spanish war. The Spaniards are about to be unable to sustain it, and the situation of the Japanese is not much better.

If the war continues, I am afraid it will become a war of attrition between us and the British. With the intensity of the Philippine campaign, it will not be possible to tell the victory or defeat in another three to five years.

A game that is doomed to no results, there is no need to continue wasting funds. Now it is the best mobile phone reception, and it is estimated that the British are not willing to spend money on the water. ”

Once the war between the two poor ghosts continues, the last unlucky one is the gold master. Although this year has not yet developed to the point where ”the money owed is the uncle”, there is still nothing we can do when encountering a master who has no money.

Spain is relatively good, at least there are still a few rich colonies, worth a little bit of money; Japan is really poor and white. If you get the Philippine Islands, there will always be a day to pay back the money; if you don't get it, the British will lose all their investment.

The oil yield of soybeans is 20%, the oil yield of rapeseed is 36%, and the oil yield of sesame is 45%, but can you squeeze the oil out of chaff?

Save others by oneself, changing Franz's position in the British government, now we have to consider whether it is worthwhile to continue investing in the Japanese.

Relying on capital to kill the enemy, if the opposite is the Russians, it is almost the same. Unfortunately, this time the opponent is the Shenluo Empire, without billions of pounds in, even the bubble can not come out.

Even though the British have stronger capital, the endurance of Shinra is stronger! It is not only capital that is tested by the war of attrition, but endurance is also important.

Foreign Secretary Wesenberg frowned: ”Your Majesty, the key to mediating the Japanese-Spanish war lies in the ownership of the Philippine Islands. At this stage of the war, I am afraid that neither Japan nor the West will easily give in.

If the two countries choose to share the Philippine Islands, the war can end now, but the two sides will fight again in a few years.

We don't have so much time to entangle on it. From the standpoint of the empire, the best way is to let the Japanese give up.

If we want the Japanese government to make concessions, we and Spain will certainly not be enough. Even if we pull the entire European Union, we will not be able to succeed unless the British also support us.

just……”

Franz interrupted: ”It's not just! The protagonists of the Philippine war are Japan and Spain. Don't you think we have mixed too much?