The biggest change in 1927 was probably the growth of industrial jobs in Australasia, where thousands of companies moved.

For the world, which is suffering from an economic crisis, the change in jobs affects not only the number of businesses and the economy, but also the people who are constantly moving in and out.

Naturally, Australasian jobs attracted a large number of European and American people, and the population growth of 1927 was extremely insane.

Arthur originally thought that the net population growth of 2.71 million the year before was quite crazy, but he did not expect that last year's population growth figure actually exceeded 2.81 million.

What does this mean? Australasia's population growth last year was equivalent to more than one-third of the population of the Netherlands.

If the economic crisis lasts for more than three years, the net population growth in these three years alone may exceed the total population of the entire Netherlands.

However, the Netherlands is only a small country in Europe, so such a comparison does not make much sense.

But population growth is good news, two consecutive years of population explosion, Australasia's population has also reached more than 35.29 million people, and is already moving towards the 40 million population mark.

However, a population of 35 million is still too small for a country of the great power level, and it can't even sustain the consumption of several large-scale battles.

Arthur also experienced the brutality of World War I, and understood how devastating a war with millions of casualties in a large-scale battle could be for the country.

A population of 35 million seems like a lot, and in World War I, just one or two battles were enough to break the country's bones.

In addition, Australasia's land area is too extensive, and if it wants to meet the initial demand in terms of population, it will need to be increased to at least more than 50 million.

It is worth mentioning that because of this very large-scale economic crisis, the population of a considerable number of countries has declined instead of increasing, and the population size is not even comparable to that of 1926, two years ago.

The current ranking of the world's population (powers) is as follows:

In first place, Russia, with a total population of 114 million people.

In second place, the United States, with a total population of 111 million people.

The third place, the island nation, has a total population of 60.77 million.

In fourth place, Germany has a total population of 58.01 million.

In fifth place, the United Kingdom, has a total population of 45.02 million.

In sixth place, Italy, with a total population of 38.55 million.

In seventh place, France, has a total population of 37.67 million.

In eighth place, Australasia, has a total population of 35.29 million.

It stands to reason that two years have passed, and no matter how much the population is, it will still increase somewhat.

However, in fact, according to this population ranking, it can be seen that in the past two years, there have been many major powers with negative net population growth, and the population of Russia, the United States, and Germany has declined instead of increasing.

Even island countries with modest population growth, such as the United Kingdom, Italy and France, have not seen a large population growth, largely remaining below 200,000.

Australasia alone has a net population increase of more than 5 million people in two years, standing out among the great powers.

From the population changes of various countries, we can also understand how the more than 5 million people in Australasia came to be, and they are basically unemployed people attracted from other countries.

However, a considerable number of them are sent to Australasia voluntarily by other countries, after all, sometimes too many unemployed people are not a good thing, and it will cause some unnecessary burdens on the stability of the country and the rule of the government.

Britain is clearly one of the good guys in these countries. Under normal circumstances, the UK's net population growth over a two-year period would be at least around 1 million.

Combined with the population of the colonies moving to Britain proper, the population could grow at a rate of more than 1.5 million.

But in reality, the population of the UK has only grown by about 200,000, and all the rest have gone to Australasia.

According to government statistics, about one-third of the more than 5 million immigrants in Australasia in the past two years have come from the United Kingdom.

This, combined with British immigrants from other countries, especially the United States, has kept Australasia's British population at a reasonable rate, which is why Arthur is not worried about the rapid population growth.

It can also be seen from this population ranking that Australasia is not far from the population size of France and Italy.

If population growth in France and Italy continues to be sluggish, Australasia could surpass France and Italy in terms of population even within two years.

If there is one who has suffered the most demographic losses among the great powers, it is not Russia, which everyone expected.

Russia has been experiencing a high level of population loss in recent years, something that the Russian government cannot avoid.

After all, Russia's domestic economy is already much behind compared to foreign countries, and coupled with the continuous civil war, those who yearn for peace will naturally leave their homeland.

But in 1927, there was one country that lost more people than Russia, and there was even a big news about it.

That country is the United States, a name that no one would have thought of before the data was released.

The net loss of more than 700,000 people in 1927, combined with the loss of population in 1926, reduced the population of the United States by about 1 million two years later.

This figure is similar to history, and the United States at the time of economic crisis was indeed a time of net population export.

After all, as the place where the world crisis broke out, the United States has suffered the most serious impact of the economic crisis among all countries in the world, and the suffering of Americans can be imagined.

This also made Arthur have to admire the patience of the Americans, and he could tolerate President Hoover, who had not contributed much, to build the Hoover Dam according to his own plan.

In Australasia, a project can be completed in a month from project approval to start-up.

In particular, no matter how large the scale of the major projects related to the people's livelihood of the country is, and no matter how difficult it is to build, it is impossible to delay the start of construction until more than half a year later.

But the Hoover Dam by the Americans has been shouting from mid-1927 to the present, and now it is 1928, and the Americans still have no intention of starting construction.

It can only be said that it was indeed a good reputation that helped President Hoover. If it had been President Coolidge who was now in the presidency, I am afraid that the anger of the Americans would have spread to the White House and the assassination would have already begun.

The slowness of the Hoover administration was what Arthur would like to see, after all, the United States was Arthur's enemy, and the worse the economic crisis suffered by the United States, the better news it would be for Australasia.

Americans can only blame the president they chose, in fact, the previous President Charles was indeed capable, but the American consortium would definitely not allow the birth of an unexpected president.

There is also a big thing for Arthur, and that is the depreciation of the pound and the Australian dollar.

After more than half a year of development, the pound and the Australian dollar have depreciated quite seriously, and the real purchasing power is less than half of the original.

This also caused Australasia's GDP to fluctuate dramatically in 1927, reaching a level of 4.78 billion that Arthur could not have imagined before the depreciation of the Australian dollar.

Current currency ratio: £1 = AUD 2 = USD 3.77 = Rs 32 = CHF 177 = DM 1044 (approximate proportion, subject to fluctuations)

However, the current GDP can no longer be compared with other countries, after all, the currency ratio used by each country is constantly fluctuating, and the comparison is not very meaningful.

The only currency that is still appreciating is probably the dollar, which is why the Americans have not officially abandoned the gold standard.

On the premise that only the dollar can be exchanged for gold, the appreciation of the dollar is inevitable.

However, countries around the world are abandoning the gold standard, and the Americans are unlikely to hold out for long.

After all, after the depreciation of national currencies, it becomes extremely difficult for the United States to export. Coupled with the high tariffs of various countries, the United States exports are suffering huge losses every day.

Regardless of whether President Hoover has relevant policies or not, I believe that the American consortium will not be able to sit still one day.

By the time the consortium formally intervenes in the government, the United States should be even more chaotic than it is now, and it will be even more able to make trouble.

What Arthur didn't expect was that before the United States abandoned the gold standard that he expected, President Hoover did several major things in the United States.

First of all, President Hoover has unleashed a big move for more than half a year, that is, the famous voluntary coalition policy in history.

To put it bluntly, this policy is a new policy that President Hoover promulgated after the American people found out that President Hoover still trusted the laissez-faire policy and put pressure on President Hoover.

But who was President Hoover? Judging by the historical evaluation of President Hoover, he was a proud, arrogant, blindly confident man who would never underestimate things and crises.

On December 31, 1927, in a State of the Union address on the last day of the year, President Hoover explained to all Americans: "The problem of economic recession can never be solved by legislative action or executive declaration, and economic wounds can only be healed by the cells of the economic entity—the producers and consumers."

Every man should find a way to help his less fortunate neighbors, every business should help his employees, and every community and every state should take responsibility for organizing jobs and relief activities.

The best contribution that governments can make is to encourage local cooperation, with all levels of government, federal, state, and county participating in community relief activities and doing their part. ”

This is said in a bright way, and President Hoover even set up the Unemployment Relief Bureau to help implement his own policies and complete his plan to save the unemployed in the United States.

But those in the know scoffed at the State of the Union address, because such a policy and the so-called neighborly mutual aid plan were proposed by the Morgan consortium.

As one of the largest conglomerates in the United States, the fundamental reason why the Morgan Consortium proposed the so-called Neighbor Mutual Aid Program was to evade responsibility for relief.

Because after the implementation of the so-called Neighbor Mutual Aid Program, the Morgan Consortium only needs to help the forty or fifty unfortunate American families around the Morgan Building, and does not need to disperse the funds of the Morgan Consortium to the states of the United States.

Funnily enough, President Hoover's plan didn't take into account the actual capabilities of the American people and businesses.

The huge Morgan consortium only needs to take care of forty or fifty American families around it, but some Americans who have access to jobs and income only one or two days a week also need to take care of the unpaid families in the civilian areas where they live.

In this way, President Hoover's plan not only did not reduce the pressure on the unemployed in the United States, but made it easier for those corporations that did not have a major crisis to have enough mind and time to squeeze American civilians more ruthlessly.

3200 words for the second update, ask for a monthly pass, ask for support!

(End of chapter)