The New York court hanged more than a dozen masked bandits in one go. Coupled with the outstanding performance of the militia in New York State, the situation in New York State gradually settled down, although there are still a lot of people who commit suicide every day, and he kills more, but there are many fewer cases of him killing rich people who have no money and poor ghosts, but there are a little more gangsters killed by the militia, so the total number of people who die from him has not decreased much.

In fact, compared to Europe, the problem of the United States is not too strict. When the news of the crash of the railroad stock market in the United States reached Europe, the panic was even worse than in the United States. The first to react was the German market. Like the United States, in the two years following the victory in the Franco-Prussian War, German industry entered an era of frenzied development. Unlike the United States, where the expansion of industry was mainly due to railroad-related expansion, Germany's frenzied industrial expansion was concentrated in steel, machine building, and agriculture.

The rapid expansion of the United States and Germany required more machines, and I have to admit that Germany still had a slight advantage over the United States in terms of machine manufacturing. And because of the high domestic demand in the United States, it needs to import machines to Europe, especially the United Kingdom and Germany, every year, which also brings a boom in the manufacturing industry of Germany.

As for agriculture-related industries, because Scrooge has left a hand in catalyst technology, the efficiency of the Germans in synthesizing ammonia is much lower than that of Scrooge's factory. The Germans soon discovered that the fertilizer plants that Scrooge had built in France were producing significantly more than their own. And the price in the market is lower than its own. Scrooge watched this secret very closely, and the Germans did not fail to use the means of industrial espionage to steal the secret, but several attempts were unsuccessful. Once, the "successful" stealing technology even led to a pollution accident, so that a complete set of synthetic towers had to be disassembled and carefully cleaned, and as a result, a set of equipment was shut down for more than two months, causing a lot of losses.

The Germans originally thought that most of the fertilizer market in Europe was theirs, coupled with the blind investment brought about by the influx of funds, and the stall turned out to be the boss, but in the end they found that they were sold. Far from being as good as expected, coupled with the knock-on effects of the bad news from the United States, especially the prospect of a significant reduction in orders from the United States to Europe, a similar avalanche began in Europe, starting with the stock market in Frankfurt, Germany.

The Rothschilds, of course, would not let go of such a good opportunity. They made waves in the midst of this, and they did not know how many companies they took the opportunity to swallow up, which greatly increased the family's strength in Europe.

The economic downturn will naturally bring political turmoil, and there are strikes everywhere in Europe, and it is needless to say that there are labor conflicts, and Lao Ma once felt that the full-scale outbreak of the socialist revolution in Europe was just around the corner. In the United States, strikes and so on have been, and there have even been incidents of striking workers and management shooting each other with rifles.

This kind of thing made President Grant very nervous. The United States is different from Europe, and generally speaking, because of the existence of the vast west, the American workers have more retreats and generally do not rebel. But on the other hand, unlike European workers, who are mostly unarmed, American workers have guns in their hands. And compared with the armies of other European countries that are armed to the teeth with hundreds of thousands of people at every turn, the US army and state militias are also pitifully small. It's going to make a fuss, that's a big deal. Troublesome.

So President Grant sent invitations to Scrooge, Morgan, and others to come to the White House, in effect, to discuss how to save the city.

In China. Flourishing. Morgan and Scrooge met once aboard his pirate.

"It's a good wine." Morgan raised his glass to Scrooge and said, "From Château Lafite, Rothschild, First Class in 1855." Well, you taste it too. Oh, I heard they gave you Château Mouton? That winery is not bad, but it's not necessarily worse than Lafite. 1st place in the second class winery. These guys are so stingy, they have to apologize, be sincere, and take Raffi out directly. Well, Scrooge. I know you're not really interested in wine or anything. I'm interested in your Mouton winery. Why don't you make an offer and sell me that winery?" ”

Scrooge looked at Morgan's face full of pity for the winery, as if he felt that the winery was like flowers in Scrooge's hands. So he replied:

"Ah, Mr. Morgan. I really don't know much about wine. But the more I don't understand, the more curious I become. And Dorothea loved the vineyard. I've already given Mouton to her. ”

"Ah, what a pity. In fact, most women don't really taste the wine, they like the vineyard just because it looks good when the grapes are full. However, women are very superstitious about famous brands, well, giving her a famous winery is a good way to make them happy. Yes...... Scrooge, do you know why Grant came to us? Morgan gently changed the subject.

"Of course, I hope we can come forward and save the market." Scrooge said, "Mr. Morgan, do you think the time is ripe?" ”

Scrooge didn't ask for help or not. Because that's not a problem at all. Of course, they can make money by shorting the economy in the process of economic collapse, but if the economy continues to collapse, it will only make the money they earn waste paper. In fact, for guys like Scrooge and Morgan, the biggest significance of shorting is not to earn that spread. Rather, it is just to bring down the price of the means of production and then get an opportunity to buy the truly valuable means of production at a very low price. The so-called time is ripe, in fact, the question is, is the time for everyone to buy the bottom on a large scale together.

"I think it's almost time." Morgan knew that talking to Scrooge about this didn't have to beat around the bush, "and it's not good to continue to let this situation continue." But the current situation is not something that the two of us can reverse. ”

Morgan's meaning Scrooge also understood that it was okay to copy the bottom or something, but this could not do a good job of economic shape all at once. The big avalanche of the stock market certainly has the factors that make waves for them, but the fundamental problem is still the market problem, because the existing market can no longer absorb the production capacity of the United States and Europe. That's why those funds from the United States and Europe will run to the stock market to play the game of foolishness. For the U.S. economy to get out of the doldrums, there needs to be more market demand. The domestic market is definitely not good, although through the guò crisis, Scrooge has successfully eliminated a lot of domestic supply capacity that is not his own, but in the process, the domestic purchasing power has also been hit hard. Therefore, if you want to rely on nature to recover, it is not an overnight thing. If you want to recover quickly, you must have a foreign market.

"Yes, unless the government can take effective action, there is nothing we can do on our own." Scrooge replied.

"So what kind of action do you think is effective?" Morgan asked. Morgan certainly knew that what Scrooge said about effective action was the action to open up foreign markets. However, some actions to open up foreign markets have different pros and cons for domestic companies. For example, Scrooge would have liked to have lowered tariffs, because his companies were not worried about competition in Europe. If the tariff reduction is in exchange for the European tariff reduction, Scrooge will definitely make money. But for other companies, not only can they not reduce tariffs now, they must even increase them in order to drive European products out and make room for them. There are quite a few such industries under Morgan's control. If Scrooge's solution was to reduce tariffs, then Morgan would naturally strongly oppose it, and even directly turn against Scrooge. is the so-called blocking people's money, such as killing parents.

"Personally, it's good to lower tariffs." Scrooge said in order to deliberately stare at Morgan, but Morgan didn't say anything, "It's really boring, I want to tease him." Scrooge thought as he said, "But overall, it's really not the time to break into the European market by lowering tariffs." I think there are effective measures like this. ”

"Tell me about it?" Morgan said.

"The most effective measure is the land in the sun." Scrooge said a little viciously, "Britain can sustain the world's largest industry on a small island, relying on a large expanse of overseas territory that keeps the sun from setting." If we also have our own overseas territories, even if there are not so many, we can solve a lot of problems. Now there is a place that is as crumbling as a ripe apple. That is Cuba, the crisis is already sweeping Europe, and Spain is having a hard time. After the original Cuban trend, the Spanish oppression of Cuba relaxed a little. This has made it possible for Cubans to tolerate the current compromises. But the crisis will change this, and as a result of the crisis, Spain will have to intensify its oppression of Cuba, so that a new revolution will surely break out. As soon as we find a reason to join in, Cuba will fall into our hands, and not only Cuba. Spain simply did not have the strength to sustain its colonial system. And it is absolutely unreasonable that he still occupies the Philippines. Defeat it, take Cuba and the Philippines, and we'll have a better time. What do you think of this approach? ”

"Do we have enough power?" Morgan asked.

"Our industrial power crushes Spain." Scrooge replied, "Military strength, we can first expand our armaments on a large scale and quickly dig up the Panama Canal." So that the two oceanic fleets can support each other, even Britain is powerless to stop our actions. And the expansion itself is also expanding demand, just like a loan. As long as we can win in the end, we can make a lot of money. ”

"Very good idea. I support your idea. And as soon as the Philippines falls into our hands, we have bases for advancing to the Far East. There is the last big market that has no owner, China. At that point, we can even come up with a new policy, well, or an 'open door policy,' where we, by virtue of our power in the Philippines, can get Britain and France to agree that all of us have the right to trade in the whole of China. Equal interests and equal opportunities. So that we can have a bigger market and we can have a real land under the sun. Morgan nodded.