Chapter 1043: Buying the United States
October 24, 1929, is a day that should be remembered by the whole world. Lewen is worth your collection
In the New York stock exchange market, as soon as the market opened, many stocks began to fall. Subsequently, more and more stocks fell, and the entire stock market began to fall sharply like an avalanche.
All the stock traders were stunned, they didn't expect this to happen.
"Oh God! Is this the end of the world? A stock trader said bitterly. Because, half of his life savings have also been invested in the stock market. However, now the stock market has fallen sharply, which has directly caused his wealth to be evaporated!
Of course, it was not only he who had his wealth evaporated. Also evaporated, there are other people's wealth. The whole of the United States has suffered heavy losses because of this stock market crash.
At the same time, the stock fell sharply, which also led to a series of problems. Businesses began to go bankrupt, banks collapsed, workers lost their jobs, and the goods produced could not be sold. All of this shows that the economic boom in the United States is over.
Next, the whole of the United States will enter an economic winter.
The economic crisis erupted from the United States and then spread to the whole world. Europe and Asia, as well as the Americas, have all been hit. Europe is now largely controlled by Germany, which has played a role in shielding against the economic crisis in the early days of the German government's early measures. The Americas and Asia have been hit the hardest. Especially in island countries, their markets are now full of American goods. The economic crisis broke out in the United States, and the economy of the island nation was hit hard as a result. This is undoubtedly an aggravation of the situation for the island countries that are trying to restore the military strength of the island countries and then seek revenge from Germany. In order to raise sufficient military spending, the government of the island country has to further intensify the exploitation and oppression of the people at home.
On October 31, the German Cabinet held a meeting to assess the impact of the current economic crisis on the German economy.
"Your Majesty, the economic crisis has broken out in full swing. A large number of enterprises in the United States have closed, workers have lost their jobs, and the entire country's economy has become a mess. This is expected to continue for several years. The empire was not greatly affected by this economic crisis. However, it may be difficult for our goods to be exported outside the control zone. In this way, it will bring survival pressure to some enterprises. Prime Minister Vahit said. In particular, those companies whose main markets were in the Americas and island countries may be in trouble this time.
Qin Tian nodded, although the global economy has not yet been integrated. However, it is undeniable that the economy is becoming more and more interconnected. This makes it impossible for Germany to survive the economic crisis.
"The Imperial Government can implement some measures, find a way to save it!" Qin Tian said.
"Yes, Your Majesty!" Vahit nodded.
For Germany, none of this is really a big deal. The mature domestic market, the market formed by most of Europe, and the market of the world's largest colony, were enough to make it easy for Germany to survive the economic crisis.
"The United States will lose a lot in this economic crisis, right? So, is there a way for the empire to make the losses of the Americans even worse? Qin Tian asked.
Although, the conflict between the United States and Germany has been over for ten years. However, the hatred between the two countries has not been resolved, but has deepened. This makes the governments of both countries prepare for war, hoping to defeat the enemy and win victory in future wars.
"Your Majesty, we think the most feasible plan is to pool a large amount of cash and buy those machines and equipment from the United States. Many U.S. factories have gone bankrupt, and the machinery and equipment have been idle. If the empire can buy those machines and equipment, it can make the empire's industrial strength go to a higher level. Now that the United States is in an economic crisis, we can buy those machines and equipment at a very low price. In addition, there are many scientists and engineers in the United States, as well as experts and scholars in various fields, and even skilled workers, who have lost their lives because of the economic crisis. We can recruit them to work in Germany. In this case, even if the United States comes out of the economic crisis in the future, without machinery and equipment, without scientists and engineers and even skilled workers, their industrial development will be greatly limited in such a situation. Hans, the Imperial Minister of Trade, said.
Qin Tian looked like he thought it was true, this was exactly the same as his plan. In the United States now, the economy is in a severe recession, and people are living in hardship. And this is also a good opportunity for Germany to wield a small hoe and go to the United States to poach people. If you miss this opportunity, I don't know how long you'll have to wait.
"This time the operation of the United States, the Ministry of Trade will be responsible! We want to empty the United States at the lowest cost! Machinery and equipment, industrial raw materials and talents, we all want! Whether the empire's industry can achieve a second take-off depends on this time! Qin Tian said.
"Yes, Your Majesty." Hans nodded.
Since 1930, Germany has sent a large number of corporate buying missions to the United States. These purchasing groups purchased a large number of industrial machinery and equipment, industrial raw materials, etc., directly at a very low price, and then loaded and shipped to Germany.
Even many merchant ships in the United States have begun to be sold, and the prices are now only one-fifth or even less than before the economic crisis. This caused many German shipping companies to rush to the United States to buy those ships.
At the same time, German research institutes, as well as many companies, are starting to recruit people in the United States. In particular, those top scientists and engineers are the focus of recruitment. These are the most valuable talents, and if they can be brought to Germany, it will greatly strengthen the country's scientific research strength. At the same time, it is a heavy blow to the scientific research strength of the United States. Under the trade-off, Germany's scientific research strength will naturally be able to lead the United States by a large margin.
Many factories in Germany are recruiting a large number of skilled workers in the United States. Despite the difficult circumstances of life, many skilled workers choose to work in Germany despite having to leave the United States. After all, they have to live, they have to feed their families, they have to survive. Even if Germany was their enemy, they couldn't care so much.
Under Germany's frenzied copying, the industrial strength of the United States was further weakened.