Chapter 124: The Plan: The Glory of Wall Street on
The trip to Sichuan left Zhang Shusheng with a lot of emotion. There is both the apprehension of going home and the cruelty of reality.
Although the hometown of Sichuan in my memory is also relatively poor, the land of Bashu at this time can be described by the word "poor"? It is not an exaggeration to describe the land full of hunger and the misery of life. The warlords fought year after year, and the taxes and miscellaneous taxes were fiercer than those of other southwestern provinces, and the seemingly fertile land and self-sufficient country of abundance could not even drink gruel, and after paying the rent and taxes, all that was left was a bit of chaff, not even food.
At a vigorous public trial meeting held in Chengdu, people from all walks of life took the stage and held a public trial of the brutal warlords, the corrupt and evil officials, and the unscrupulous capitalists who hoarded and lived in strange places. As before, Zhang Shusheng did not relented to those defeated warlords, what kind of trial should be accepted, it must be difficult to escape, not that you can do it if you are defeated, the new accounts and old accounts must be calculated in person, not sorry for him Zhang Shusheng, but sorry for the people, you must pay it back.
In addition to settling old accounts, including warlords, evildoers, and criminals, social reform and rural reform, the first thing the New Deal was founded was social assistance. The first batch of 100,000 tons of rice and wheat entered the land of Bashu from Yunnan and Guizhou respectively, and the three southwestern provinces that adopted new seeds, modern fertilizers, and modern planting methods have achieved a surplus in grain output and in the second five-year plan, and it is expected that a total of 300,000 tons of rice will enter the land of Bashu in batches, and emergency relief will be carried out for these poor people who could not eat in 1929. Of course, the autumn wheat planting, sweet potato planting, and vegetable planting organized by the grassroots political axe are also being carried out to ensure that there will be a belly pad harvest in the coming year.
After returning to Kunming, it was already more than two months later, and Zhang Shusheng found Liu Dengke.
"Denko, sit." "Chief, this is the financial report you want."
Zhang Shusheng roughly flipped through it, it was a simple financial report that he asked Liu Dengke, the Minister of Finance of the Southwest Political Axe, to prepare, mainly to understand the financial situation of the Southwest.
"At present, our financial situation is basically normal, which is mainly due to the gradual improvement of the new financial system, and the People's Bank of Southwest China has also made more than expected achievements in the exercise of monetary functions......
"If Shusheng Company withdraws this inventory of gold now, will it have an impact on the newly established People's Bank of China?" Liu Dengke's speech is simple and easy to understand, and Zhang Shusheng, a non-economic professional, can also listen very thoroughly, there are still too few economic talents like Liu Dengke in the southwest, and Li Chunyang, who is the deputy manager of Pan American Ken International in the United States, can compete with him, but he is biased towards macroeconomic control and the operation of the capital market.
If Liu Dengke is a talent who has grown from an accounting talent to a macroeconomic talent step by step, Li Chunyang is a talent that Zhang Shusheng screened and cultivated for his surname in the early years.
"Normally, it doesn't have much of an impact. First of all, gold is only the last means of payment for banks, used to stabilize the value of money, and in short, an open-cast, or very immature monetary system, is highly dependent on it. The value of the currency is also reflected in the political axe credit, a stable political environment, a sustainable economic environment, can also promote people's confidence in the currency. Moreover, in the past two years, our southwest political axe has banned the direct circulation of precious metals such as gold and silver, and a considerable amount of precious metals has been stored. If Shusheng Company withdraws this deposit for other purposes, I think it is okay. Of course, in the event of an emergency, the chief should be prepared to raise funds for the bailout. ”
"Okay, I'll inform Laixi to deal with you about this deposit." Zhang Shusheng is not without financial problems, but the most serious world economic crisis in a hundred years is about to appear, and it is indeed necessary to use a batch of extremely large funds to pick up leaks.
"Chief, this is just analyzed, the U.S. stock market report yesterday, and the K-line chart of the stock market trend in the last week and month."
After graduating from the bachelor's degree, he served as a lecturer in international finance at Southwest University for one year, and at the same time studied for the graduate program that had just been opened, and passed the joint examination of several well-known Western economists in Southwest University in two years, and graduated with very good results. It can be said that there have been considerable studies on the economic problems of both China and the West. At the end of 1927, he entered the Southwest Political Axe and became one of the advisors of the Political Axe Economic Advisory Group.
Opening the slides, Zhu Zizhen began to comment on the latest changes in the U.S. stock market from a professional point of view, with a simple narrative.
Letting experts solve problems has always been Zhang Shusheng's way of doing things, he is not omnipotent, just play a role at the critical moment.
"Overall, it's a good trend." Zhang Shusheng casually glanced at the calendar on the table, today is September 27, 1929, less than a month after the stock market crash.
In connection with some previous medium and large historical events, the shadow of the butterfly effect flashed, so he would never sit back and wait for the news of the US stock market crash. In the previous securities turmoil that spread throughout the West, he not only ordered Li Chunyang to mobilize a large number of funds reserved by Pan American International to invest in the stock market, but also, like other speculative capitalists, made large-scale loans to major banks by secretly buying some factories at low prices, and then entered the stock market through loans. In just two years, the money has rolled down, and the US stocks controlled by Zhang Shusheng through various channels have reached a shocking level.
"What is the total value of our current holdings of U.S. stocks?"
"Three days ago, the total value of the stock was $940 million."
Although Zhu Zizhen did not go to the United States to participate in the stock market, he still participated in the whole process, and he and Li Chunyang, one at home and one abroad, cooperated with each other to carry out this matter without leakage.
Ren and the two of them are rare yellow geniuses in terms of economy, and they also feel terrified when they are doing it, such a huge capital operation plan, if it is not for Zhang Shusheng's compulsory order, they would not dare to implement it.
For the world financial market, especially the US stock market, the mainstream view of the entire West is optimistic and bullish, which has led to speculators going crazy, taking loans from banks and then entering the stock market to buy stocks.
The two also believe that the stock market in the West will definitely rise for a period of time, but the current situation is somewhat dangerous, and the entire US stock market has shown a pathological development, and judging from the economic intelligence sent back by intelligence officers, the US economy has a latent crisis.
Therefore, they recommend investing in speculation capital, but they believe that it should not be invested too much, so as not to lose too much.
However, at that time, Zhang Shusheng believed that there was still more than a year before the stock market crash, and the butterfly effect should not be so huge, and judging from the stock market analysis conducted by Dream Machine, the time of the crash should be roughly half a month to a month in advance. At that time, the stock index was still far from the value of the collapse in later generations.
During this period, Zhang Shusheng told the two a simple example. Suppose A's total assets, savings and loans are 1,000 yuan, and after entering the stock market, the market value rises to 5,000 yuan, then, A feels that he is rich and will go to buy new products in installments. Assuming that the product price is 1,500 yuan, then, A looks like he still has a fortune of 3,500 yuan, but in fact, this figure is only based on the high stock price.
Once it collapses, his actual wealth may not even be 1,000 yuan, then, because of the installment payment, the bank owes debts, and eventually leads to debt.
Of course, this is only one of the causes of the economic crisis, the blind expansion of production, the lack of strong products, and the saturation of the market are also a reason.
After doing a simple analysis of the inevitable economic crisis for the two, the three also reached a consensus that they should take the opportunity to enter the stock market, buy low and buy high, and choose the opportunity to withdraw.
It can be said that Zhang Shusheng's actions are very big, and unlike those capitalists, they have to wait until they are bullish for a period of time before increasing investment.
By registering a leather bag company, acquiring factories, etc., Zhang Shusheng got a huge amount of loans from the bank. Over the past year or so, the entire stock market has reached an astronomical figure of nearly $1 billion.
At this time, even Zhu Zizhen couldn't sleep, for fear that he would be woken up when he slept at night, for fear that the inflated stock market would suddenly collapse.
"What do you think?" Zhang Shusheng gave the problem to Zhu Zizhen, and he thought that the current harvest was enough. Although the total stock value of $1 billion is not as good as the handiwork of some big conglomerates behind the scenes, or capital predators, as part of the economic crisis plan, after deducting the start-up capital, I also made money.
"I think it's okay to throw. By selling these stocks in installments, we can get out of the way. Zhu Zizhen held back her excitement and analyzed: "According to the plan, in the glory operation of Wall Street, we will pay off some overvalued factories and companies to the bank, and only a small part of the loan needs to be repaid." After deducting costs and capital losses, our actual surplus funds will reach 600 million! ”
"It's still a little bit less." Zhang Shusheng frowned slightly, if he wants to absorb absolutely enough benefits in this storm of the world's economic crisis, he must not hold back, he must concentrate superior funds and attack decisively. "October 1 is a good day, let's sell our stocks in an orderly manner. Who will detonate this economic crisis, in fact, is the same. As for the bank's debt, let's wait until after the disaster. ”
His meaning is very simple, if the bank has not failed, I will definitely pay the debt.
"Yes, Chief!!" Zhu Zizhen was extremely excited when she heard this, but she didn't expect the chief to have such a solution, compared to waiting for the expected stock market crash, it is better to create it yourself. If Zhu Zizhen still had doubts about the advent of the super economic crisis before, once the nearly $1 billion stock is sold, it is very likely to become the fuse of the stock market crash.
Zhang Shusheng stopped Zhu Zizhen, who was about to go out, and said, "Zizhen, you prepare, go to the United States next month to assist Chunyang in handling the second step of this plan." ”
The glory of Wall Street should be to take back a little interest from the imperialist powers that belongs to this nation.
(To be continued)