In other words, Li Mengyang knows about this railway bubble, because this is a piece of history, one of the several big bubbles in human history, that is, in the second half of the 19th century, the railroad construction in the United States is simply impossible to say.

Let's just put it this way, why didn't the United States have any high-speed rail later, because they feel that their railways are already the most perfect, there are railways everywhere, and there is no need to upgrade or anything.

This is really the case, and it is accompanied by another bubble, and that is the bubble of the steel industry!

Isn't the raw material of the railway steel, so it's actually all connected, and the Great Depression and so on have something to do with it.

And these bubbles, in fact, the root is still in the market.

The producer does not want to reduce its own production, to be honest, it is the same for everyone, and if the production scale is small, the money will be less. And, actually, this thing itself affects politics.

Western economics is really separate from politics, which is why Mr. Marx seems so different, but in fact, the real essence of this railway bubble is precisely that the economy is linked to politics, that is, capitalists and politicians join forces!

If nothing else, what is the land for the railway? And what's going on with the land for the steel mill?

You must know that land is the basis of these industries, not to mention railways, iron and steel mills, which must be supported by the state, because the steel mills themselves have high requirements for geographical location, at least there must be water, preferably close to coal mines and iron mines, which are all necessary conditions.

Plainly. There is only one possibility of forming this foam. That's collusion between officials and businessmen!

So. In the original United States, many people said that they were manipulated by the capitalists, and this matter actually really started from the Gilded Age after the Civil War.

In fact, as long as Li Mengyang has traveled for so long, he has also reviewed and studied the previous history, and the Civil War did bring out an America, and it was indeed the real birth of the United States like the later generations. But this war, in fact, also knocked out the original American elite political class!

At the very least, a lot of the Southern political elite is finished, mainly the oldest American elite, including Virginia.

This is the previous history, and what was produced after the previous bubble burst?

The freight rate of the railway is getting lower and lower, so low as the price of cabbage, let's say that the first central railroad is opened, and a person wants to go from the west to the east of the United States, it will cost 500 US dollars. At the time, it was the price, but later. The price came to 100 dollars, which is a distance of thousands of kilometers, and it is difficult to imagine a large living person with luggage in your age.

Then, then there was a thing when the freight rate was low, that is, Li Mengyang gave Andrew . That thing Carnegie was talking about!

By the way, it is to use the railway, and then the majority of American people can buy things directly without going out, which is the original form of Taobao, which is completely the online shopping version of the year.

To put it bluntly, even the American people back then, they were not stupid, they also knew what to do, those railroad companies fell a lot, but it doesn't matter, the railroad stayed!

The bubble bursts, which no one can stop, but after the bubble bursts, something remains, which is very important.

What comes after the bubble is very valuable, and this railway, of course, will have a great effect in the future. And now, the method proposed by Li Mengyang, on the one hand, is to learn from the ancients, that is, to play Taobao, and on the other hand, it is to transfer this production capacity!

Taobao's trick, in fact, is really because the railroad in the United States was built much faster than the original history, so now the bubble is about to burst.

But this thing is going to explode, this is production capacity, these construction capabilities, according to the past, they were poured by themselves, and they are finished, and now, Li Mengyang is ready to let these production capacity come to China, this idea is very good, but it really needs to be done.

Li Mengyang himself knows that it is impossible to completely transfer the production capacity, at most it is a few steel productions, and as for the most critical laborers, can they transport all the people?

Therefore, the railway company must have to pour a piece!

That's what Carnegie and the capitalists don't want to see, because it will affect their interests.

What the capitalists want is not to cut their own production, but to have a larger market...... Because that's what makes it profitable!

But Li Mengyang can do this now!

Yes, he is the emperor, he is the supreme ruler of the Pacific Rim Federation, he is a ruler who was decided by the citizens' assembly, for life!

He doesn't need a ballot!

Well, the last one is the key......

The reason why the bubble is so big in history is because of democratic politics, politicians need votes, and cut production, then there are no votes at all!

Because if you cut production, you don't just cut the capitalists, you also cut the capitalists' employees, related industries, anyway, it's very, very big, and if it's a democracy, then there's absolutely no way to do this.

In fact, if we look at it from a long historical perspective, how did the development of capitalism come about?

More and more production, the development of productive forces, therefore, there is a need for a market, a bigger and bigger market, and this production plus the market, so, a thing is born......

That's right, it's modern democracy!

Modern democracy is fundamentally at the service of capitalism, and it should be noted that this is a modern democracy, not a populist democracy like that of ancient Greece.

And this democratic politics has done one thing as soon as it came up, that is, it is cut off from the economy, they are just politics, regardless of the economy, but in fact, this democratic politics has always been for the economy, or more directly, it is for the capitalists, anyway, if all the history is taken apart and looked at it, it is reflected in this point.

The Democratic Revolution in England, the Thirty Years' War in Germany, the French Revolution...... Anyway, I never left this thing. Or rather...... It is the development of capitalism and the capitalists that are messing up the world.

Of course. This does objectively advance the development of society. There is indeed nothing wrong with the progress of the productive forces, but we must also understand this internal law, otherwise many judgments will be wrong.

Li Mengyang's current decision-making, he can only solve part of the capacity transfer problem, and this action is very difficult, but he must do it now. Although it will cost him some prestige.

Li Mengyang can't help but recall the middle of the first decade of the 21st century, that is, the era he traveled over, when the world's economy was in trouble again, and we, China, as the world's factory, were making a very bold reform.

Supply-side reform!

At the beginning, this supply-side reform shouted industrial upgrading, and then shouted the new normal, and then shouted it directly, and it was necessary to take action to reduce production capacity......

To put it simply, it is to knock out the excess production capacity, for example, the crude steel output at that time was 800 million tons. There are still 500 million tons idle, and the world's first steel output is China. The second place is Hebei, the third is Tangshan, and the fourth is the production of Hebei concealment......

This direction was correct, because this action was in line with the laws of economics, and the market of all mankind had already been detected at that time.

Market Detection?

Yes, why was there the Age of Discovery?

Why are there so many adventurers in Europe, who go all over the world to explore and explore?

Why are so many people supporting these explorers? A lot of them are rich people, or even European royal families?

Just one purpose, to discover new markets!

Southern Africa was discovered, and there was a labor force, black slaves!

New shipping routes were discovered, India was found, new continents were found, sea routes were found to be better links with the East, all in order to find markets.

But at that time, the earth was explored, and the market as we knew it was so big, and the capitalist countries in the West were still blindly trying to open up the market and not think of ways on the supply side, which was absolutely wrong.

However, if we reform the supply side, of course there will be problems in the economy, and everyone's life will be difficult.

And now, Li Mengyang has an advantage, which is the advantage he has obtained through the above series of analysis, that is, the Chinese market has not been really developed!

Yes, China in the 19th century, the China that Li Mengyang took over, this is a China that has not yet carried out much Westernization, and this China Li Mengyang knows that there is enough room for development to digest the excess production capacity in the United States!

To be honest, the reason why the production capacity of the United States cannot be completely transferred is because Li Mengyang knows the isolationism in the United States, and he knows that most of the people in the New World, especially the white people, will not come to China, and only a few can come after all.

Therefore, Li Mengyang needs to add some ingredients......

In front of the Taihedian Square, the civil and military officials of the Pacific Rim Federation, old and new, as well as businessmen from all walks of life, and most importantly, those railroad tycoons from the United States...... In fact, these railroad tycoons are the hottest capitalists in the United States right now, and everyone invests in railroads, that is, the shipping tycoon Vanderbilt, and this old guy comes to invest in railroads.

"Comrades!" Before Li Mengyang, the emperor, appeared in the main hall of the Taihe Palace, he was going to make a speech.

“ALL-HAIL-LEE！”

"Long live my emperor, long live, long live!"

Anyway, the popularity is enough, and the speech begins!

"Comrades! It has been more than two years since the establishment of the Pacific Rim Federation, and the construction of the Chinese region is also in full swing! But! Speed isn't enough! As Emperor of the Empire, I am deeply worried! The construction of the Chinese region will be a construction that will cause changes all over the world! It is a great achievement in the history of mankind that must be written about! And now, we're still moving too slowly! To speed things up! It is necessary to have a complete industrial system in the United States to do the support! And I know that the people of America have always loved to pioneer! There was a westward movement back then! And now, I'm Li Mengyang, Clint. Meng Yang. Emperor Li I is here to call! To the West, O people of America! To the west! Further west! We need to expand the westward movement! It is necessary to sublimate the westward movement! Let's change the world! ”

“ALL-HAIL-LEE！”

"Long live my emperor, long live, long live!" (To be continued.) )

PS: Thank you all for your support! Black car begging for a subscription, thank you very much!

What's that?,Actually, I'm going to tell you something to stabilize the morale of the military.,It's the recent situation.,After joining the SDR, the soft sister coin began to be free, right?

So let's look at the previous things, other countries also have this process, such as Japan, Japan was only after joining the SDR, but slowly liberalized the currency, so, what is the result?

The yen is appreciating, the Japanese economy is stagnating, and the lost 20 years, 30 years, so now!

We are empiricists, so let's just go in the opposite direction. I believe everyone can understand, hehehehe