Chapter 820 What is your attitude
Economic crises are not unusual for people, and they have even accumulated rich experience in dealing with economic crises. Therefore, when the news of the detonation of the U.S. stock market spread to Europe, many people did not know about this economic crisis and the previous ones. What a difference an economic crisis makes.
Only George knew how devastating the Great Depression was.
Previous economic crises were named after years, such as the last economic crisis in 1920.
Only this time the economic crisis is named separately.
Russia was not immune to the Great Depression in another time and space. It was also involved in it and suffered deeply from it.
Russia has been preparing for this economic crisis for many years. It can be said that since the end of the world war, George has been digging holes for the Americans.
"What should we do next?"
Guchkov respected George like a god. If George hadn't been sober, Russia would have completely collapsed like the United States——
Not right either.
In the United States, only the stock market is collapsing, and it has not affected other industries.
But it’s coming soon. If nothing else goes wrong, bank runs will follow, factories will go bankrupt, workers will lose their jobs, and the economy will decline overall.
The counterattack that George had been preparing was finally going to come in handy.
The Americans have always thought they were smart and used the UK to bypass the agreement with Russia.
Russia clearly has the ability to fight back, but it did not fight back. This is obviously inconsistent with people's memory of Russia.
"Do you still need me to teach you this-"
George never doubted Guchkov's IQ. During the Russian Empire, Guchkov was the steel king of Russia.
"The Americans took the initiative to break the agreement with us, and we no longer need to be bound by the agreement."
Guchkov needed George's consent before he dared to turn against the United States.
The reason why George is called the "Uncrowned Tsar" is not only his influence on the Russian military, but also because of the economic strength of the Yuriev family and the Dolgorukov family.
Although the Yuriev family has not set foot in the United States, the Dolgorukov family has branches in the United States.
If Russia turns against the United States, the interests of the Dolgorukov family will definitely be harmed. Although Guchkov does not think that George will put the interests of the Dolgorukov family over Russia's interests, but This kind of thing still needs to be communicated with George in advance.
"Then add more fire!"
George sneered, Americans who put their interests first will eventually die of greed.
The father and son of the United States and the United Kingdom perfectly illustrate what it means to fly separately when disaster strikes.
When Britain and the United States cooperated, their relationship was as close as glue.
It can also be described as hugging together to keep warm.
Once the Slavs dominate the European continent, the countries established by the Angsa people will be marginalized.
When the economic crisis broke out, the Americans immediately abandoned the United Kingdom, tried their best to protect themselves, dumped goods to Europe at the lowest price, and were no longer willing to distribute profits to the British. This completely broke the agreement with Russia.
Since the United States is unjust, Russia has no scruples. This is the true spirit of contract.
"Are there no sober people in such a big country?"
Felix felt incredible and couldn't understand why Americans were so short-sighted.
The cost of Russian goods is inherently lower than that of the United States. If there is a price war, American goods will die.
Since he dared to take the initiative to break the agreement with the Russians, Felix didn't understand the American brain circuit.
"Maybe there is, but even if there is, it will be swept away by the collective madness."
George knows all about American selfishness.
A country that can conduct human experiments on its citizens should not discuss moral standards.
No matter how crazy Mustache was, he never experimented on Germanic people.
Looking at the United States as a country, the United States is indeed very powerful.
But the United States is a company, not a country at all.
With George's instructions, Guchkov and Mannerheim split up, one going to France and the other to Germany.
Karl was more anxious than Guchkov and came directly to George, hoping that Russia could give Germany greater support.
Last year, U.S. investment in Germany exceeded $2 billion.
In the first nine months of this year, U.S. investment in Germany has exceeded US$1.7 billion. Without this incident, the investment for the whole year would have definitely exceeded last year.
Now Germany has not only lost follow-up investment from the United States, but the United States has also withdrawn funds from Germany, and the German economy will lose momentum.
"You should not rely too much on foreign investment and should fully explore your own strength——"
George did not want Germany to use Russian money to give blood transfusions to the United States.
To put it bluntly, George wished that the Weimar government would go bankrupt right now.
“Due to economic reasons, we are no longer able to pay war reparations, let alone repay foreign debts——”
Little Carl's knife is accurate, but when the economic crisis hits, the dead Taoist friend will not die the poor Taoist.
In recent years, Germany has received investment from Britain, France and the United States, ranging from 80 billion marks to 100 billion marks.
Many people in Britain, France and the United States are now waiting for Germany's reparations and interest to continue their lives. Germany is taking money from the bottom of the cauldron at this time, and is much more ruthless than George.
George looked at little Carl and said nothing.
Things like defaulting on debts will have a serious impact on the country's credibility, and it may be ostracized by the world economy. A country of Russia's size has its own system. Even if it is excluded from the world economy, Russia will not completely collapse.
For a country like Germany that is extremely dependent on foreign countries, once it is blocked by the world economy, the consequences will be extremely serious.
If you think about how the Germans lost the World War, you will know how serious the consequences were.
"Please don't worry, there is an agreement between Germany and Russia."
The German people's spirit of contract varies from person to person.
That's right, as long as it hugs Russia's thigh, Germany will not be afraid of blockade even if it offends the whole world.
George was very happy, this child was so sensible.
But George is right, Germany should not rely too much on foreign funds.
It’s not that Germany itself has no money, but that Germany’s money is controlled by the Hebrew consortium.
Carl Jr. is not here to cry about poverty, but hopes that Russia can protect Germany from the force of Britain, France and the United States to collect debts when necessary.
Especially France.
During the last economic crisis, France brazenly sent troops to invade Germany's Ruhr Industrial Zone on the grounds that Germany refused to pay reparations, which had a serious impact on the German economy.
In Germany, it’s not a refusal at all, but a lack of money.
France doesn't care whether Germany has money or not. You are weak and breathing is wrong.
Germany is an important link in Russia's detonation with Britain and the United States. Since Germany is willing to put its national credibility on the line, Russia should also become tougher.
Whether Europe is in chaos or not, Russia has the final say!
What makes George happy is that the United States now doesn't care about Germany at all and cannot protect itself.
In just two weeks from October 29 to November 13, the United States suffered a total loss of US$30 billion due to the stock market crash, equivalent to the total expenditure of the United States in the world war.
As with previous economic crises, those smart people who thought they could escape on the eve of the collapse began queuing up on the rooftops again before the economic crisis broke out.
Although the U.S. government has blocked relevant information and has incomplete statistics, nearly a thousand people committed suicide by jumping off buildings in New York alone.
Bank runs triggered by the stock market crash resulted in widespread bank failures.
At this time, even the dullest people have realized that the damage caused by this economic crisis may exceed everyone's expectations.
Hoover, who had reassured Americans not to worry in newspapers in September, was helpless in the face of the economic crisis. For two weeks, Whitehall did not come up with any effective policy response.
Russia frequently takes action, first signing trade agreements with Germany and France respectively, providing resources to Germany and France at lower prices, and providing financial support for the German and French economies.
Subsequently, the Free Trade Alliance announced that in order to protect the interests of Free Trade Alliance companies, it would impose higher tariffs on goods from countries outside the alliance.
This is understandable. Every time there is an economic crisis, countries will raise tariffs to protect their own companies.
But in this extraordinary period, the decision of the Free Trade Alliance once again dealt a heavy blow to the United States.
In recent years, in order to increase profits, American business owners have continued to borrow money from banks, build new factories, and hire workers. They are heavily dependent on bank funds.
The large-scale collapse of banks deprived a large number of factories of funds.
The free trade alliance's increase in tariffs was the straw that broke the camel's back.
Factories can survive as long as they can maintain production.
Once orders are lost, the company can only go bankrupt.
As the leader of the Free Trade Alliance, Russia's factories not only did not close down, but orders were increasing.
Before the economic crisis broke out, American goods and "British goods" were direct competitors of Russian goods in the European market, and Russian goods were at a disadvantage.
Now that Russian goods have regained their advantage with lower prices and better quality, the demand for Russian goods in various countries has increased significantly, which has caused the Russian market and the US market to present two completely different extremes.
The U.S. side is in dire straits.
Russia is in full swing.
George originally thought that the United States would take the initiative to admit defeat and re-divide the European market with Russia.
Unexpectedly, Churchill came to the door first before the Americans took action.
This is also understandable.
After the Imperial Conference, Australia fell into the arms of Russia and Canada sought protection from the United States. Britain had lost these two most important overseas markets and sources of raw materials.
When Britain and the United States were in conflict, Americans could eat meat, and the British could at least drink soup.
Now that American products are gradually withdrawing from the European market, the British can no longer even drink soup, so Churchill came directly to George.
"Why should you look to me for financial problems?"
George was ignorant of everything. Russia had clear powers and responsibilities. He would never interfere in areas where George should not put his hand.
"Honorable Grand Duke Yuriev, you win!"
Churchill gritted his teeth.
"Wow! What's your attitude?"
Vasily, who was watching the fun, was furious. Are you here to beg for mercy, or are you here to cause trouble?
Churchill didn't even look at Vasily, knowing who had the final say here.
(End of chapter)