Now this picture is obviously not a "sudden" change, as Christopher said, but a process of accumulation, and the sudden plunge in the stock market is just a fuse.

In fact, there were smart people who realized that something was wrong very early on, and sold all the stocks in their hands before the crash, thus avoiding the crash.

However, Christopher is obviously not such a smart person, and having lost all his financial resources, he cannot afford to repay the huge loan from the bank, so he has to hide at home all day, silently waiting for the banker to come to his door.

But he was destined not to wait for the people who came to the bank to collect the debt, and if he would go out and take a look, he would find that there was no such thing as a bank on the street—it was all out of business.

In the presidential office of the White House in Washington, the presidential secretary is nervously reporting the latest situation to US President Hoover.

"Mr. President, today more than 3,000 factories have filed for bankruptcy protection, and nearly 400 banks have closed!"

"God! And another 3,000 factories and 400 banks? Hoover said in despair, "How many factory banks have we lost in just one week?" What about the Wall Street bastards? Do they care? ”

"President...... With all due respect, they are now busy transferring assets to protect themselves, so how can they help us? The secretary said with a sad face.

"These bastards! I've told them a long time ago that the current economic market is dangerous, let them raise the interest rate on loans, stop corporate lending, but what about them? Selfish! Hoover slapped the table irritably.

In fact, the U.S. government felt the seriousness of the situation very early, and as early as the beginning of 1929, it introduced a series of policies to suppress the crazy stock market.

"President, it's not a question of whose responsibility it is, it's how to control this crisis, if it is allowed to develop......," the secretary persuaded with sweat on his forehead.

"Those Wall Street vampires! I'm going to kill them sooner or later! Hoover cursed at the end, and then began to think of ways to control it.

After bowing his head and pondering for a while, Hoover sighed and said, "There is only one way, raise import tariffs, cancel all recent import contracts, and then dump all the excess products into other countries!" ”

"This, this will kill other countries, right?!" The secretary said in surprise.

"You tell me, apart from passing on the crisis, what else can we do to keep the United States?" Hoover stared into the secretary's eyes and said, "If you can think of another way, I'll give you the presidency!" ”

"Okay, okay." The secretary was frightened by Hoover's eyes and took a step back, "I'll arrange it!" ”

Soon, the U.S. approach to passing on the economic crisis was half as expected – other countries were pulled into the water, but the U.S. itself still couldn't get out of it.

Not only did the United States fail to extricate itself from the crisis, but Hoover also exacerbated the domestic economic crisis because of Hoover's laissez-faire policy.

Germany, the closest country to the United States economically (the United States gave Germany a large amount of financial support under the Dawes Plan), was the first to be affected by Hoover's idiotic policies.

In just two months, from the beginning of November 1929 to the beginning of January 1930, German companies bankrupted 40 percent of the country's factories, closed thousands of banks, and the country's GDP fell by 30 percent, and this number is still rising wildly.

An emergency cabinet meeting is being held in Lyon, Germany, at the presidential palace in Berlin, Germany.

"Hoover, idiot!" Speer scolded at the beginning of the meeting, as the Minister of Industry, he knows best how terrible the blow to Germany is because of the US pass-through policy, "I can't solve the problems I have made, so I want to drag everyone into the water!" ”

"It doesn't matter if Hoover is an idiot or not, the trouble now is how to save our economy that has just recovered from the last Great War?" Hans Luther rubbed his forehead and said, "Mr. Treasurer, what do you think?" ”

Shacht had been thinking about something when he was taken aback when he heard someone calling him.

"Huh? What the? He asked, confused.

"I ask you what you think about this crisis." Hans Luther reluctantly repeated.

"Uh-oh." Shacht heard the question clearly, quickly sorted out his thoughts, and said, "This economic crisis should have hit us very hard. ”

"Originally?" Hans Luther grasped the key.

"Yes, the original blow should have been very big, but it's strange that we have a large amount of gold in our capital reserves for some reason, and the appearance of these gold has given us enough strength to fight this crisis." "It feels like someone predicted this crisis in advance and prepared for it." ”

Everyone present was stunned for a moment when they heard this, after all, the fact that Shacht said was too weird.

"Foreknowledged?" Hans Luther repeated, "Who did it?" ”

"I don't know." Shacht shook his head.

"You don't even know as finance minister?" Speer said in surprise.

"I only found out after the crisis broke out."

"And how much gold do we have now?" Hans Luther asked.

"1000 tons!"

"God, 1,000 tons?" Hans Luther screamed, "This must be 80% of our total foreign exchange reserves, right?!" ”

"Yes." "81.75 per cent"

"So, relying on this gold, we don't have to worry about the transfer of foreign crises for a period of time in the future?" Speer asked.

"That's right." Hans Luther nodded and said, "But this money is not enough for us to completely save the domestic factory." ”

"It's okay, we don't need to save those factories." Leon, who had not spoken, said, "What we have to do is very simple, we only need to ensure that the people's living standards do not drop too much, and as for the specific way to do it, I will authorize Mr. Schacht to deal with it with all the powers." ”

"Thank you, Führer, I won't let you down." "But Führer, if we don't save the factories, the people will be unemployed, and when the people are unemployed, we will have to come up with money to give them money, and we don't have enough money to support the whole country." ”

"I've thought about it for a long time." "We can't save the factories, and I don't plan to give relief to the people when they're unemployed." ”

"So how do we ensure that people's living standards do not decline?" Shacht had a "you're kidding me" expression on his face.