Section 699 Second Round of Crisis

If there is no help in China, Spain has to urgently look for new aid, the United States cannot count on it, they can pass the ban when they find it, and Mexico can count on it, but the Spaniards, who are accustomed to using Chinese goods for their weapons and equipment, really look down on it, because Mexico does not produce planes and tanks. Pen % fun % Pavilion www.biquge.info

Brazilian weapons, which are in the same vein as Chinese weapons, can be considered, because Brazil can also produce complete sets of Chinese weapons from tanks to aircraft, because their military industrial enterprises were established with the help of the Chinese, and they have only been built in recent years, the machinery and equipment are relatively new, the quality of weapons is guaranteed, and the price is low, which is very worth considering.

Yang Chao also wanted Brazil to do this business, but who knew that the Brazilian government refused.

They didn't want to do business with the Spanish government at all, because their home country, Portugal, was on Frango's side this time, and Portuguese volunteers joined Frango's army in large numbers, for fear that GCISM would spread to Portugal after gaining a foothold in Spain.

Taking into account the attitude of the mother country, it was impossible for Brazil to shoot the soldiers of the mother country with the arms of its own production, so they directly rejected the order of the Spaniards.

After going around in circles, the government of the Spanish Republic found that they could only rely on Mexico, but the problem was that Mexican cargo ships could not transport weapons and equipment at all, otherwise they would not be able to pay directly.

The channels of Soviet Russia are now basically strangled to death, and they can't even bring people in, let alone arms, and before that, only countries like China that dared to put their aircraft carrier fleets behind to cover trade could send weapons and equipment to Spain, and now China doesn't dare to do this kind of business, so who can do it?

To be honest, this kind of government, which does not even support its own army, is fortunate to be able to find Mexico as a supporter internationally, there is nothing to pick and choose at this time, isn't it that the performance of weapons and equipment is poor, there are no planes and tanks, and they still have the will of revolutionary fighters to make up for it.

Transportability is an unavoidable issue.

Mexico is really helping, asking for money for money, asking for guns for guns, it is simply taking the cause of the Spanish people as their own business, they seem to be more anxious than the Spaniards, and they will find them and find Chinese shipping companies, hoping that they can help with transportation.

The shipping companies agreed, because the Chinese government's ban only prohibits helping belligerents to produce weapons, but it does not stipulate that they cannot transport weapons for them.

Within six months, the Spanish government was still receiving a steady stream of munitions, and the Mexican government-produced machine rifles became their largest source of weapons, and of course, Chinese weapons were still being delivered, because their orders would continue until the end of the year.

Spain must spend half a year to reserve enough weapons and equipment, almost as many as there are, but Mexican arms companies can't provide weapons for free without restrictions, so soon the aid became business, and Mexico's military factories could not satisfy the appetite of the Spaniards when they were operating at full capacity, so they began to seek to expand production capacity.

Of course, the United States will not provide equipment to Mexico to build a large-scale military industry, but China does not have such concerns, and a large number of equipment orders are pouring into China through Mexico, and the source of funds is still the counterfeit dollar bills of Spain, which in turn pay to General Electric and Westinghouse to pay for water and electricity equipment, and the counterfeit money turns around and eventually flows into the United States.

Although these prices entered the United States from different channels, and they were all through the formal banking system, even Morgan Bank could not distinguish them, so no one found out that they were fake money, but they actually swept away the material in the United States and caused inflation.

Roosevelt's economic adviser also told Roosevelt that the deficit policy had indeed reached a dangerous point, and now the biggest threat to the U.S. economy is no longer employment, but inflation.

At the end of '36, the United States began fiscal austerity a few months ahead of schedule, temporarily halted a series of major engineering programs, and began to deal with inflationary pressures.

As a result, just after Christmas, just into 37 years, the second round of economic crisis in the United States broke out.

Unemployment has soared again, and while not as terrifying as the 30% peak it had, it was as high as 18%.

Roosevelt knew very well that the economic crisis was not terrible, but the social crisis was terrible, and unemployment was the hotbed of the social crisis.

He had to choose between inflation and unemployment, and the decision was so difficult that he kept meeting with his economic advisers.

"Why is it that China is still running a fiscal deficit, but their inflation is not very serious?"

Of course, China also has a fiscal deficit, and it is much worse than the United States, and the government debt has reached 100 billion taels, equivalent to 250 billion US dollars, but China's economy has not collapsed, and the inflation level is not as high as that of the United States.

The economist said with a bitter smile: "If our country also has 20,000 or 30,000 tons of gold to balance the economy, if our people can also save most of their income like the Chinese, instead of earning money today and spending it tomorrow, we will not have such serious inflation." ”

Economists say that the Chinese people's habit of saving money is the main reason, as for gold, it is not so important, gold only determines the status of China's currency in international trade, and the impact on the domestic economy is very limited, at least when the currency is stable, gold seems to do not exist.

Ordinary people have saved a lot of money, some in banks, some in stocks, but China's inflation makes Yang Chao actually very big, not so optimistic that China's inflation is not serious.

It is indeed not as serious as that of the United States, because there are no more than 10 billion counterfeit banknotes entering China, you must know that the money supply of the United States only increased from 45.3 billion to 73.3 billion when the United States economy was at its most prosperous, and Roosevelt's New Deal only increased the fiscal deficit by 36 billion, and the inflow of dollars into the United States suddenly increased by 10 billion, which is not included in the data of economists, so they greatly underestimate the total amount of money that the American market can hold.

Hence the need to tighten the deficit and raise interest rates at the same time.

However, the inflow of hot money in Europe made it impossible to distinguish the inflow of prices, and as a result, the economic crisis broke out again.

The second round of economic crisis in the United States did not spread to Europe all at once like the one in '29, because Britain has never recovered from the economic crisis, their unemployment rate has always been as high as 8.1%, and in fact, Britain has begun to deindustrialize.

Even if the British capitalists have money, they do not invest in Britain, they would rather invest in India, the British textile industry and even the steel industry, are moving to the colonies, during this period, the textile industry in India was established, the steel industry system in Australia and Canada was established, and before World War II, Canada even completed industrialization against the trend and became one of the world's industrial powers.

The British are not living very hard, that is not, they are like the American imperialism in later generations, the industry is in decline, but the financial industry has achieved a dominant position, is leaping from monopoly capitalism to financial capitalism, the income of the British, from working in the factory in the past to get wages, to provide the service industry to collect commissions, to say that it is not good to hear the rentier class, to say that the high-end atmosphere, the British are enjoying investment dividends. As a result, their per capita income remains the first in Europe, as their services are more lucrative than industry.

The French economy is not much better than that of the United Kingdom, the main reason is that the various factions have never been able to twist together to fight the economic crisis, whether you are tightening the fiscal cage or expanding the deficit, you can do something, but the government has never been able to do anything, so that the people have no confidence at all, so investment will not expand, and unemployment will not be reduced.

The best performer is of course Germany, their unemployment rate is only 1.8%, which is already full employment in economics, the Nazis propaganda that they have completely eliminated unemployment, is the best political system in the world, desperately telling Germans that you are happy, and desperately not letting Germans hear from abroad, not knowing that they are not free.

China's economy is not bad, although it has always faced inflationary pressure, but through the expansion of the deficit, it has maintained positive growth for three consecutive years, although the statistical data is very weak, 1%, 3% and 2%, the growth response of these three years is almost meaningless economically, of course, this is the growth rate after offsetting inflation, it is a real growth rate.

But for such a huge economy, it is already rare to be able to grow positively, especially rarely, the field of heavy industry began to expand in an all-round way, the automobile overdrive, the shipbuilding industry ended the depression, and heavy industry not only in terms of output value, but also in various production capacity indicators surpassed the United States.

Skoda is expected to produce 1.4 million cars a year, and the annual production capacity of Aimin Automobile in the Northeast can reach 300,000 units after the new plant is fully put into operation, and sales are not a problem at all.

The output of machine tools reached 60,000 units, of which 20,000 were exported to Soviet Russia, and 40,000 units were digested by themselves, becoming the world's largest machine tool manufacturer.

Steel production has expanded to 70 million, and new plants are being expanded to 80 million tons this year, twice as many as in the United States.

The coal industry, as Yang Chao imagined, increased production to 600 million tons, which is already the level of the United States during World War II, and will continue to expand, Yang Chao decided to reduce the subsidy price, only two-thirds of the subsidy, and began to crack down on ultra-high coal prices.

However, in order to cope with the impact of the second round of economic crisis in the United States, Yang Chao decided to take measures again to continue to maintain the price level and prevent inflation from getting out of control.

But now that even the highway has been sold and has become a ten-year stock in the hands of ordinary people, what other assets can be sold? Yang Chao hit the idea on the public housing controlled by Liang Qichao. (To be continued.) )