The economic crisis that broke out in the United States this time not only made the United States miserable, but also quickly spread to the whole world. As the number one economy in the capitalist world, the United States has extensive and close trade ties with the old European countries, and the US economy has an extremely important impact on the economies of other countries and the world market. If there is such a huge shock in its finances, it will naturally have a serious impact on these countries, which do not have strict regulations on the financial sector like China.

As a result, the economic crisis soon spread to other capitalist countries, thus affecting all countries in the world, and turned into a world economic crisis of unprecedented scale. The whole capitalist world was dumbfounded, first the securities markets of various countries dived, shareholders jumped off buildings, and then soon spread to various industries.

By November, the worldwide economic crisis had erupted in full swing!

Since China itself has always strictly regulated the financial market, and China has been prepared for this for a long time, it has also responded in a timely manner. Although the resulting losses are unavoidable, they are much smaller than those of the United States and Europe.

The main damage is to those trading companies facing Europe and the United States, especially the export industry. Due to the collapse of banks in Europe and the United States, a large number of bankruptcies, a surge in the number of unemployed, a sharp decline in purchasing power, and the cancellation of many original Chinese export orders, these export-oriented enterprises have suffered.

The sharp decline in industrial production caused by a large number of bankruptcies has also affected China's import orders. However, because most of China's import orders are industrial raw materials such as agricultural products and petroleum minerals, rather than industrial finished products, the damage is relatively small. On the contrary, because of the sharp drop in prices, China's import efficiency has risen, and the money that used to buy only one ton of oil can now buy three tons.

Generally speaking, however, international trade has shrunk seriously after the economic crisis, and serious monetary and credit crises have occurred in various countries one after another, currencies have depreciated one after another, the gold standard has been abolished one after another, and international finance has fallen into chaos. As commodities are seriously unsalable, market problems have become extremely acute, and the struggle for markets in the major capitalist countries has become increasingly fierce. Countries have raised import tariffs and created trade barriers.

Of course, China is no exception, but unlike Europe and the United States, China has only raised import tariffs on manufactured goods and agricultural products, but has not changed at all on industrial raw materials, and is still eating a large number of minerals.

At the same time, China has also established the SCO trade circle and started economic transformation, allowing export-oriented companies to transfer some of the cancelled orders from Europe and the United States to their younger brothers, and on the other hand, to expand domestic demand and eat it from the internal market. Of course, even with these means, losses are inevitable.

Therefore, those export-oriented companies that have suffered losses, as well as Chinese stockholders who have had to cut their flesh because of greed in the European and American stock markets, hate Britain to death. In their view, if it weren't for the thousand-year-old-stirring stick of the opium cow to create a "Jewish homeland," the Jews in Europe and the United States would not have withdrawn a large amount of money to build a new home, and naturally would not have detonated the collapse of the US stock market. So everything is the fault of the opium cows! Whether the Jews have a home or not to mind your, the Jews themselves are not in a hurry, the British are in a hurry!

Opium cows, mud horses! You paralyzed-stirring stick, all blame you for your **** troubles!

This kind of thinking is not only the Chinese whose interests have been damaged now, but also the Western Covenant led by the United States and the Allied countries led by Germany, all of whom hate cattle to the bone. In particular, the United States, which suffered the most losses, hated the British after the Revolutionary War, and various guns, arrows, dartboards, and villains in the shape of British bigwigs such as King George V and Prime Minister MacDonald became the most popular goods in the United States. President Hoover hung a dartboard with MacDonald's face in the White House lounge and threw a few darts to get angry.

Even other friends of the Entente were quite dissatisfied with this approach of the British. The French, who had suffered heavy losses, regretted it, and they said: Labor and management are really dogs, and they have been fooled and lame by opium cows. If he had known that the "Jewish homeland" would cause such a big mess, the labor-management would not have agreed to it.

France is known to be notoriously usurious imperialists, who are particularly fond of playing finance. After the war, the European and American stock markets were on fire, and French investors also rushed in, but they were dumbfounded, and many people lost all their money, even their underwear.

Well, in fact, the British themselves were dumbfounded by this, and such a vigorous interlocking reaction was something they never expected. Whether or not this "Jewish Homeland Plan" will achieve its goal of containing the WFP and the Indian colonies is still unknown, but the collateral effect it has brought is already too much of a bunker.

Not only did they pit their rival bald eagles, but they also pitted the hateful Germans and Chinese, well, even their teammates Gallic chickens were hurt by the splash. Pit the opponent and pit the teammates, this effect is really good. Well, if you don't count yourself in it, this hand can be described as a masterpiece of the pit man.

As a result, Britain itself was furious, and the British people, who had been ruined by the plummeting stock market, took to the streets to warmly greet MacDonald and the female relatives of the Labour Cabinet. They all said: MacDonald, your paralyzed brain is sick! If you pit your opponent and teammates, you can even pit yourself!

Well, let's be honest, the fact that things have gotten to this point has not really had much to do with the Labour Cabinet. Even without the "Jewish homeland," it was only a matter of time before this economic crisis came. But ordinary people don't understand this, not to mention that even if they do, they also need a person to vent to. As a result, MacDonald and the Labour Cabinet were tragic, and although they did not cause the economic crisis, they did not cause the fuse of the "Jewish homeland", and they could not shake off the pot.

No matter what the Labour Cabinet explains, the British masses do not accept it. In the end, they had to step down, and Conservative Stanley Baldwin took office as the new prime minister.

As soon as Prime Minister Baldwin came to power, he immediately pulled France into the "Entente Economic Circle", that is, a small circle similar to the SCO. However, the Entente had two major powers, Britain and France, so they quarreled with each other because of the uneven distribution of spoils.

In the same way, the Germans were not stupid, they also quickly pulled into the Allied bloc and also engaged in their "Allied economic circle".

Of all the great powers in the world, the Soviet Union probably had the least to lose. Of course, this has something to do with their system, the Soviet Union did not have a securities market, no matter how fierce the stock market storm was, it was a floating cloud, and most of their export commodities were oil, rare metals and other industrial raw materials, and China had eaten the lion's share, so the impact was naturally not great. However, even if they could not have had an economic crisis because of institutional problems, Stalin was not a fool, and the whole world was engaged in a small circle economy, and he was no exception.

As a result, after the Soviet Union announced the establishment of the "Association for Mutual Economic Assistance" on April 8, 1930, the world's economy was completely divided into several small circles. Everyone closed the door, erected high trade barriers, and played by themselves at home.

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The current world is divided into five gangsters, ahem, wrong, it is a group of five countries.

The first is the China-led Human Innovation Alliance, which currently has 12 member countries: China, Japan, Persia, Turkey, Siam, Afghanistan, Nepal, Arabia, Armenia, Kurdish, Bhutan, and Sikkim.

In addition, in addition to the People's Revolutionary Federation, there is also the [Shanghai Economic Cooperation Organization], which can be regarded as a peripheral organization of the People's Revolutionary Federation, mainly to accommodate those friendly countries that have close relations with China but are not under the scientific socialist system. The organization currently has 15 member states, and in addition to the UHRG member states, there are also three non-CSS countries, namely: Russia (Belarus), Chile and Paraguay. Paraguay was brought in by Chile after the South American War.

This organization is currently the largest group of countries in the world, occupying more than 45 million square kilometers of land and more than 800 million people. The level of scientific and technological development, industrial strength and economic aggregate are also the highest in the world (mainly because China has raised the average level within the organization).

The second most rogue ...... The group of countries is the [Atlantic Treaty Organization] established by the United States, referred to as the Western Treaty Organization, which currently has a total of 8 member countries, namely: the United States, Mexico, Central America, Cuba, Cameroon, Togoland, Liberia, and Iceland. After South America was dug up by the old Europeans and suffered a big loss, the Yankees learned from the painful experience and drastically revised the terms of the organization, making it evolve from a vague economic cooperation organization into a formal political and military bloc.

Western Covenant occupies approximately 18 million square kilometers of land,1. More than 500 million people. The same goes for the organization and the People's Revolutionary Federation, which are completely supported by the United States, except for the eagle sauce who does not explain, the other little brothers are scum. Although they are not second in terms of territory and population, they are the runner-up in terms of economic aggregate and industrial strength, but the level of scientific and technological development is slightly worse than that of old Europe, after all, they are not enough. The population is also only the fourth largest.

The third is of course the [Allied bloc] organization headed by the Second German Reich, which includes: Germany, Italy, Austria, the Republic of Bohemia (that is, Moravia is renamed and smaller than the original Czechoslovakia), Romania, Bulgaria, Ukraine, Poland, East Africa, Ireland, Lithuania, Latvia and Estonia, a total of 13 member states.

The Allied bloc is the smallest of the five major gangs, but it is the third place in terms of economic aggregate and industrial strength, and it has a population of more than 200 million. If you add the military strength shown in World War I, it is estimated that it is still above the Western Covenant. And they have also won the support of Colombia in South America, and they have a foothold in South America. Although Colombia did not join the Axis for reasons not to overprovoke the United States, their relationship with Germany was also very tacit.

The fourth is the [Entente] organization led by Britain and France, which includes: Britain, France, Belgium, Portugal, Greece, South Africa, Central Africa, Madagascar, Australia, New Zealand, Canada, Egypt, a total of 12 member states, as well as India and a bunch of autonomous states in the Middle East.

If this organization talks about territory, it is not much smaller than the People's Revolutionary Union, after all, Britain and France are both old colonial empires, although they spit a lot during and after World War I, but there are still a lot of turf. There are also those countries that have nominally achieved independence, which are also their little brothers. In the same way, they have a population second only to the People's Revolutionary Union. However, their economic aggregate and industrial strength are worse than the first three, so they can only rank fourth.

The last gang is the [Third International Organization] led by the Soviet Union, compared with the first four groups with many younger brothers, the red woolly bears on this plane are very mixed, only Hungary, Albania and Macedonia 3 younger brothers, well, a total of 4 member states. However, it should not be underestimated, although they are not good at hard power, they are still very marketable ideologically, and there are quite a few believers in communitarianism in Europe.

At present, these five major groups are all engaged in a small circle economy, and in addition to them, there are also some small and powerful European countries in South America. These countries themselves have a small economic aggregate and a low level of participation in the world economy, and the direct losses they have suffered in this economic crisis are not too large. But what's worse is that for the next indirect losses, the big hooligans are all playing by themselves behind closed doors, who else can they sell their things to?

A few small European countries are not bad, they are also industrial countries, and they can learn from the big hooligans behind closed doors, but Brazil, Argentina and other South American countries are embarrassed, their economies are supported by exports, and with the spread of the economic crisis, their exports have been reduced by at least half.

These countries, which had just ended a full-scale war in South America, needed to recuperate, but they encountered an economic crisis, and the country began to unrest again.

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May 2, 2771 (1930), Hanjing, State Council.

At this time, China's bigwigs are in a meeting about this economic crisis.

"It has only been more than half a year since the outbreak of the global economic crisis, and now 3,000 banks and 40,000 companies in the United States have failed. 10,000 businesses failed in Germany and 8,000 in Britain...... With the exception of our UHRG and the Third International, the industrial countries of the world have been hit hard. Zhang Lizheng shook his head and said with emotion.

“...... There is also the serious destruction of the world monetary order, and the collapse of the gold standard is imminent. Last month, Germany also introduced new rules restricting gold exports and private ownership of gold, following the announcement of a ban on gold outflows by Britain and France. According to our intelligence, the United States is about to do the same......"

"There's nothing wrong with our own gold, right?" asked Vice President Tao Chengzhang. Tao Chengzhang is now in charge of liaison and coordination between the UHR and the SCO member states, and is also a very popular position.

Liu Yang said with a smile next to him: "We don't have any problems in this regard, although we are also on the gold standard, but since the founding of the People's Republic of China, we have implemented a limited gold standard, and the exchange of RMB for gold needs to be approved." We have always restricted the outflow of gold, of course, this can only be done internationally and cannot be said, in theory we still allow free convertibility. However, now that we have this economic crisis, we don't even have to do this superficial work, and it is ...... to directly ban the outflow."

"That's good! That's good!" Tao Chengzhang said with a smile. "So should we follow the example of Germany and collect the gold of the people......

Wen Desi shook his head and said: "This is not necessary, the situation in my country is different from that of Europe and the United States, and the amount of private gold ownership is very small. Besides, our gold reserves are already sufficient to meet our own needs, and even if we need more, there is no need to loot them from the private sector. ”

Despite the fact that China's gold production is by no means small in the world, until the late 20th century, there was not much gold in China, and it can even be said that it is very little. In the history of the original time and space, when Kaishen Logistics Company ran away to Taiwan, it looted gold in the richest Jiangnan area, scraping three feet high, and even the girls' jewelry was not spared, and only more than 60 tons of gold were looted.

During this period, the amount of gold owned by the Chinese people would definitely not be much higher than this, after all, China has strictly controlled the exchange of gold since the founding of the People's Republic of China. Moreover, most of the magnates who used to hold a lot of gold were enemies of the CSO, and they had long since been purged in the revolution. At present, the nouveau riche of the Chinese people, who have made a fortune after the founding of the People's Republic of China, have little opportunity to accumulate gold. Moreover, there is also a cultural tradition problem, China has always attached importance to jade, and the nouveau riche pretended to be forced to buy all kinds of jade after they had money, and gold was rarely cared for. Finally, there is the issue of propaganda, now that the people know that the country needs gold reserves, and the prestige of the government of the Socialist Party is engaged again, many people who have gold will consciously take their gold bars and gold bricks to the bank to exchange for yuan. After the wealthy upstarts earn gold abroad, most of them will be sent to the bank to exchange for paper money.

According to the estimates of the relevant departments, the gold of the Chinese people, in addition to the gold coins in circulation, will not exceed 200 tons at most, which still counts all kinds of jewelry, cultural relics, handicrafts and so on. This little bit of gold is not very useful for a behemoth like China. If it is not done well, the cost of collecting it is more than this amount, and it is meaningless.

Zhang Lizheng continued: "This economic crisis is also a very good opportunity for us. A large number of bankruptcies of the European and American powers are at the time of our bottom-up. We must take advantage of this opportunity to make another profit! All relevant departments must be ready to go over and buy the bottom at any time!"

Everyone laughed, this plan to take advantage of the global economic crisis to buy the bottom has been planned for a long time. When the U.S. stock market crashed, the plan was revised as a formal plan.

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PS: It's the last day of the month, asking for tickets, recommends, subscriptions, and all kinds of ...... Now that the people know that the country needs gold reserves, and the prestige of the government of the Socialist Party is again, many people who have gold will consciously take their gold bars and gold bricks to the bank to exchange for RMB. After the wealthy upstarts earn gold abroad, most of them will be sent to the bank to exchange for paper money.

According to the estimates of the relevant departments, the gold of the Chinese people, in addition to the gold coins in circulation, will not exceed 200 tons at most, which still counts all kinds of jewelry, cultural relics, handicrafts and so on. This little bit of gold is not very useful for a behemoth like China. If it is not done well, the cost of collecting it is more than this amount, and it is meaningless.

Zhang Lizheng continued: "This economic crisis is also a very good opportunity for us. A large number of bankruptcies of the European and American powers are at the time of our bottom-up. We must take advantage of this opportunity to make another profit! All relevant departments must be ready to go over and buy the bottom at any time!"

Everyone laughed, this plan to take advantage of the global economic crisis to buy the bottom has been planned for a long time. When the U.S. stock market crashed, the plan was revised as a formal plan.

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PS: It's the last day of the month, asking for tickets, recommends, subscriptions, and all kinds of ......