Chapter 12, the feast of capital

Ask for Votes!! The data is so miserable.

By the way, I was hacked 😓 and pulled straight to the bottom, a star! No one has yet claimed responsibility for this.

It makes me feel like I've committed some heinous crime, and a convenient friend will help me get a score.

The rush began, and Ferrantz sent rumors that prices were going to rise.

This is based on the fact that Vienna, which has always been the most expensive in Austria-Hungary, has been lower than other regions for most of the year.

Everyone knows that this is not normal, capitalists are not philanthropists, and this situation cannot be sustained.

The citizens of Vienna were convinced that the good days of the past six months were coming to an end.

Naturally, it is going crazy, and before dawn, there is a long queue at the door of various supermarkets in Vienna, and the rush to buy is coming.

Volvo, which had been prepared for a long time, naturally transferred many goods, such as daily necessities that could be stored for a long time, and naturally they were not in stock. Most of the preparations are handicrafts for short-term consumption, such as bread and various snacks.

Soon the guns were sold out, Volvo's service staff opened the warehouse, and everyone saw that there were no necessities for life, and naturally it was not the target of ordinary citizens to rush to buy.

Then they left one after another, swimming to other supermarkets, and soon many supermarkets were emptied, looking at the empty shelves, many capitalists wanted to cry without tears.

You must know that most of the supermarket purchases are on credit, usually settled on a monthly basis, and it is normal to be in arrears for half a year and a year.

Now they are all selling at a loss, and the more they sell, the more they will lose, but the arrears are indispensable.

If you have the strength to continue to operate, then in order to retain customers, it is okay to default for a while, if you have serious losses and want to close your doors, then it is no wonder that they are going to end up in stone.

Cott Fei, who had just come out of the predicament, was hit on the head again. The hoarded goods were snapped up, and an embarrassing situation appeared, with no goods to sell!

Vienna's retail sector was hit hard, and many capitalists were faced with a problem of poor cash turnover.

Department stores and supermarkets are completely sold and the more they lose, and the money for the clearance is not enough to pay the arrears of the producers.

Forced to be helpless, they borrowed money one after another, and the banks in Vienna naturally did not let go of this capital feast, and for a time they took advantage of the fire to rob and fall into the well.

To make matters worse, the small capitalists are facing the danger of insolvency, and many of them donate money directly and run away, anyway, there is no ability to chase dirt across borders in that era.

It was also implicated in the manufacturing industry, and many factories were affected by the pond fish and went bankrupt.

And the capitalists who escaped the catastrophe are naturally unwilling to stop there. Many people had a flash of inspiration and made a lot of mess in the clothing city, catering city, and mechanical city, intending to get a vote and make up for the loss.

I thought that the houses were ready-made anyway and I couldn't turn them out, so I just survived. With the popularity accumulated in the front, the pioneers naturally made money, and the sequelae is that all the sales industries have suffered.

There was a huge wave of bankruptcies, a large number of capitalists went bankrupt, one was involved with the other, the number of unemployed people was increasing day by day, Vienna was in a depression, and the economic crisis came.

The financial bigwigs who were gloating just now may not be very familiar with this kind of operation, and they eat a large piece of meat as soon as they come up, and then choke on indigestion.

Holding a large amount of collateral in his hand, he encountered a financial crisis, but he couldn't realize it, and he watched the depreciation day by day, and he wanted to cry without tears.

Then it spilled over into the stock market, which began to plummet due to the lack of funds in the market, and countless fortunes were evaporated.

The financial crisis in Vienna soon spread throughout the Austro-Hungarian Empire. A large number of enterprises went bankrupt, workers lost their jobs, and there was social unrest.

Bank deposits also began to drain sharply, and finally a small bank called Boston dried up and went bankrupt.

As a result of the Austrian government's mishandling, a run on the bank began, and more banks were implicated. Many of those who previously had insufficient funds are now following in Boston's footsteps.

At this time, the Austro-Hungarian Empire, which was aware of the hindsight, finally knew that it was going to save the city. On December 8, the Austro-Hungarian Finance Minister, Murdoch Holmann, held a press conference to announce the launch of the Salvation Plan.

Ferdinand knew that the harvest season was coming, and the economic development of the Austro-Hungarian Empire was still very good, and as long as there was enough capital injection, the financial crisis would soon pass.

Taking advantage of the downturn in the stock market, Ferdinand made full use of the buying, buying, buying, and buying many valuable companies at the price of cabbage. It also took advantage of the trend to take a stake in Skoda and became the second largest shareholder.

Of course, the current Skoda has not yet been a great future generation, and its real outbreak began in 1899, reaching its peak in 1937, and the production of artillery jumped to more than the entire British Isles. Ferdinand was just laying out ahead of time.

The Kortefi department store, which has long been Ferdinand's favorite, naturally cannot escape its hands.

The department store first suffered heavy losses in the retail sector, and after the financial crisis broke out, the bank called for payment in advance, which dealt him a fatal blow.

The 200,000 pounds loan sent by the Hungarian capitalists~ has now become a lifeline for Cotter.

Since its reputation on the street, the goods purchased by the department store have been required to pay in cash, which has taken up a lot of money.

Now that the bank is calling for money in advance, the capital chain is broken, and the Cotter Department Store is simply powerless, and after persevering, the Helde family finally decided to give up.

After all, they are the trigger for this financial crisis, and most of them will put the pot on their heads, and the scapegoat is not so easy to be.

Sell the company now, and everyone can get a share, the key is that Ferdinand can give cash, and they can also use it to help other properties.

With 50,000 pounds in cash, plus taking on all the debts, Ferdinand easily acquired Coatfelt ~ this giant company with a valuation of 800,000 pounds.

This opportunity only existed during the financial crisis, when a large number of companies went bankrupt. Everyone was busy merging and reorganizing, so naturally no one was going to compete with Ferdinand.

Ten years of hard work, not as soon as it broke out.

This time it is a good explanation of this sentence, Ferdinand made a lot of money. This harvest alone is enough for the Kohali family to struggle for ten years.

The occurrence of the economic crisis was still somewhat unexpected by Ferdinand, and the power of the butterfly effect was beyond his imagination.

As the butterfly effect ferments, the power of the prophet will become less and less. Ferdinand panicked, and it seemed that he had to prepare a few more back roads.

The Austro-Hungarian Empire is no longer to be considered, although this is the stronghold of the Kohali family, but unfortunately the future is destined to have no future.

The Allies didn't have to think about it, Ferdinand was not confident that he could change the outcome of the world war on his own.

It seems that looking beyond Europe, decolonization is also a good option. After all, many places are now a blank field, there are no competitors at all, and I probably still remember a few famous mineral deposits in the world, and no matter how bad it is, I can be a mining tycoon.

Time is running out, and it seems that the trip to London is going to be advanced, Ferdinand said secretly.