Chapter 0359 - Erosive Economic System
New York, Wall Street's fame is known all over the world.
But few people know that when you come out of the south end of Wall Street and turn right, you will find another world.
It's rarely populated and populated, and it's also home to Chinese New Yorkers.
In 1900, there were only 6,000 Chinese here.
But by 1932, there were more than 20,000 Chinese here.
The streets are smooth dirt roads, and the houses are mostly concrete, with three, four, and five floors.
New York was one of the first Chinese immigrants, arriving here in 1848.
Around Chinatown, there are Jewish neighborhoods, Puerto Rican (Indian) neighborhoods, and Italian immigrant neighborhoods.
Because of the early arrival, coupled with the rapid development of New York, there are people from eastern Guangdong and Gangjiang here, and their minds are flexible, so they have a good life.
It's like an independent kingdom, and many people live in this small world for half their lives by virtue of their dialects.
Each ethnic minority neighborhood is an independent kingdom, which does not interfere with each other, and each has a strong folk customs.
It's really hard to understand the complexity of not being in the United States.
Like Yanyan, she works in an auto parts factory full of Israeli immigrants who speak only ancient Yiddish.
Thanks to this experience, she learned the everyday communication of this ancient language.
She also learned Cantonese and Hakka with the same female workers who washed dishes in the restaurant.
From time to time, there will be new immigrants from all over the country, walking into these longing places.
is full of dreams of living in a bungalow, driving a foreign car, and marrying a foreign wife.
Chinatown is no exception, with a wave of new immigrants arriving in late February.
"Baby, worker!" they just walked in and met the boss who wanted to hire someone.
In particular, the able-bodied half-sized children were the most questioned.
"How many people are there?" Zhao Asi is also one of them, seeing that his compatriots are so enthusiastic, he feels that the dream in his heart is closer to reality.
"It's all your own people, I won't treat you badly, here!" Zhao Ah Si was dragged away by the enthusiastic boss in such a daze.
Work 13 hours a day and pay 10 cents a day.
Regardless of food and accommodation, the last thing that is lacking in the restaurant is leftovers.
The accommodation is a 5-square-meter room, with three layers of wooden boards erected with bed boards and irons, and 3~4 people sleep on each floor.
If you do something wrong, you will have to deduct money, such as breaking things, offending guests by making the wrong dish, etc.
After hearing what the boss said, Zhao Asi was very happy, with a monthly salary of 8 oceans, he couldn't earn it in his hometown for a lifetime!
Zhao Assi only felt that his whole body was full of energy, and he went directly into the kitchen that day, brushing dishes, boiling water, washing vegetables, and delivering meals, and the more he worked, the more energetic he became.
At the end of the month, he also got his salary smoothly, returned to the house and took the money, counted it over and over again, over and over again, but he was reluctant to let go.
"Aren't you happy?" a lazy laugh came from the top bunk: "Idiot." ”
"What did you say?" Zhao Asi sat up and said with a dark face.
"I said you're an idiot!" said in a voice on the top bunk, "Walk out of here, 3 dollars can make you live for a week at most, and you think you're making a lot of money, ha"
Zhao Asi's cognition was impacted, for him who is illiterate, there is a piece of ocean, that is, a rich man, how can there be less than 8 oceans?"
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Before the Gulfstream One returned from China, Li Zitao and his fiancée chose to take a cruise to Honolulu.
"Oh my god, that's terrible. When she learned from her fiancé that the salary of a Chinese worker was only 3 US dollars, Adellaide was surprised and couldn't close her mouth.
But this is not illegal, in this era when there is no minimum wage and maximum working hours, all treaties must be signed between labor and management.
It is ironic that in the 'independent kingdoms', the guilds, which are supposed to protect labor, are in the hands of the management.
"Yes!" Li Zitao didn't know what he felt in his heart when he said this.
At Smith, piglets with no status can also get a salary of 8 US dollars, and this was 3 years ago.
Now the average worker in Smith Field, as long as he is willing to work, can earn 26 US dollars a month.
According to the think tank, salaries in Chinatown have always been at the bottom.
Three years ago, the monthly salary of Jin Jiang Hotel was 1 US dollar and 40 cents, and finally the employees protested collectively and won a salary of 3 US dollars.
Since then, it has not been moved, and those who remain know that no one will hire them when they go out.
Unless you dig for gold and build railroads.
But these two things are life-threatening jobs, and no one knows whether to dig gold or not, and whether to dig until there is a life to bring it out.
Railways, Chinese workers will be sent to the most difficult section of the road, I don't know how many corpses of Chinese workers are buried under the Western Central Railway, and there is no money to spend.
If it weren't for the think tank's special investigation into the flow of donations, Li Zitao really didn't know about this situation.
Of course, in 1932, it was good to have a job.
According to journalists, by 1932 of the year, there were 34 million adult men in the United States without work.
And that's not counting the 11 million farmers and cowboys in the countryside, who depend on all kinds of handouts for their livelihoods.
All the stock prices on the stock market have fallen to waste paper, and even Morgan and Rockefeller have felt the cold of winter.
Only 201 motorcycles were sold in 14 months.
Before the Great Depression, it sold 600 units a year.
The same shock has spilled over into the automotive and aviation sectors, with the latest briefing from the think tank being bleak and cloudy.
In the nine months since its release, only 116 BMW 309 Series units have been sold.
American Aerospace, which merged with United Airlines, saw another 8 percentage point drop in passenger traffic.
Since the Great Depression, the total decline has been 42 percent.
Since the beginning of the year, Franklin Company, Kede Company, and Durant Company, three automakers of the same size as Cadillac, have filed for bankruptcy.
More than 5,000 banks have gone bankrupt and liquidated across the country, and nearly 70,000 have closed their doors in all walks of life.
Relying on the Hoover Dam and the transportation of desert towns, Ace, whose profits have risen, was once again slapped back to the same place, and he has consistently maintained losses.
"Hoover rings the bell, Wall Street sends a signal, America is rushing to hell" Adreyd pressed her hand to her chest, feeling a sense of depression that could not breathe.
She understands the fact that she chose to maintain market freedom at first.
But now the national economy of the United States can be described as erosion, and if it continues like this, even the roots will be broken, and Washington has not yet moved?
"Maybe our president, Mr. President, is thinking about how to survive the next few months and hand over the mess to his successor. ”
Campaign speeches have already begun, and think tanks have sent a 23-member think tank.
Led by Mahathir, who is good at legal affairs, and McTon, who is good at finance and economics, he assisted Roosevelt to officially join the presidential election.