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Chapter 664: Spread

With the rapid evaporation of wealth in the US stock market, an unprecedented economic catastrophe also came to almost the world's top companies collapsed, the number of unemployment surged, and the price of agricultural products fell... A series of chain reactions caught the people of capitalist countries off guard. When the cold wind in early winter blew across the northern hemisphere in November, hundreds of millions of people felt the unprecedented chill; although the economic crises in various countries have never stopped since the early 19th century, never once could be as fierce as today!

In Germany, the imperial government led by Qingying is intensively conducting various response bills. Although he and Schacht had planned a general route to resolve this crisis, it was still an extremely complicated and difficult thing to implement it in specific implementation. The percentage of tariff increase, the total amount of government investment, and the proportional distribution of various fields are all difficult. In this field, Qingying could not implement the assembly of each piece of steel like a shipbuilding design, and could only be handed over to government officials affiliated with Berman. However, due to Schacht's existence, Qingying was quite confident in defeating this economic crisis: the reason why Germany could achieve earth-shaking rapid development after 1933 in history was that Schacht undoubtedly played a decisive role in the head of state cabinet!

On November 17, 1927, the German government officially promulgated the Imperial Customs Alliance Act, which greatly increased the tariffs on foreign goods entering Germany to an unprecedentedly high level. In order to maintain relations with Austro-Hungary and the Ottoman Empire, the German government invited the two countries to join this tariff consortium to jointly resist the entry of foreign goods. The trade threshold between them was only increased by a relatively small level. Austro-Hungary, which was also affected, readily agreed. The Ottoman, whose national economy lifeline was already completely controlled by Germany, did not refuse.

The United Kingdom, which was across the sea, immediately expressed strong dissatisfaction with Germany. The House of Commons accused Germany of destroying the free economy and a typical narrow egoism that uses damage to others' interests to meet its own needs. Britain, which was hit by the financial crisis, urgently needed external markets to stimulate production to ensure its domestic economic maintenance. Germany did this undoubtedly made their extravagant desire vain! The United States, the birthplace of the crisis, was even more condemned, as if Germany had become the culprit for snatching the cheese from their plates. For these voices, Qingying chose to ignore them: the ancient warmth between countries is simply impossible, and in any case, its own interests are above everything else. What's more, there is a potential barrier between Britain, the United States and Germany, so how could they care about their lives or death?

A few days later, the German government launched a huge domestic investment budget. Similar to the history of the Kuomintang and the Chinese Communist Party's resolution of the economic crisis, a large number of highway projects were planned to be launched in Germany, while in the occupied Eastern Europe, the main projects were to improve ordinary roads and railway networks. The German people who were unemployed due to the impact of the North American economic crisis suddenly discovered that the government's large-scale investment provided a considerable range of jobs. According to the German government's estimate, after these basic projects were put into operation, the German economy will once again be pulled onto the track of rapid development as before; after all, the improvement of the road greatly shortened the distance between the two places, and the mutual communication between trade will become unprecedentedly convenient.

In addition, a considerable number of German capital also began to invest in the southern Russian region under the control of Denikin. Arsenals, power stations, mines and other enterprises broke ground with the explosion of explosives, and German workers were sweating everywhere in the wilderness. As Alexey was crowned on the Dun River, Germany's connection with this force ushered in an explosive increase. The two sides got along very well and wanted to form a family. Looking at the government work report sent by Berman, Qingying was also indescribable in his heart while he was happy.

Melancholy and helplessness: Although Germany has achieved success in the Eastern strategy, its family has suffered the most painful failure. Alexey has been in the North Caucasus for three years, but his daughter Elena has always been in correspondence with him, and even went to New Cherkask to meet him several times in the name of travel. With Elena growing up and becoming an adult, it was almost a foregone conclusion that she had lost her money. Qingying sometimes couldn't help but wonder, was this really the retribution that she should have suffered for the Romanov Empire that he spared no effort back then?

The only thing that comforted Qingying was that he had a young son, Sprint, who was always with him. Since he and Sonia had only these two children, Sprint automatically became the crown prince after he ascended the throne, and has been following him for several years to hone his experience. As he grew older, Sprint no longer had the restlessness and activity he had in his childhood, but inherited the calmness and caution that had been circulating in the blood of Hohenzollern's direct lineage for hundreds of years. After abdicating, William, who was dedicated to family affairs, gave great rewards to his grandson, and expressed his praise for him more than once at the family banquet. After letting Sprint stay in the army for a year, Qingying was also ready to let him appear in the public's sight in moderation.

In a blink of an eye, the first winter after the outbreak of the economic crisis passed. The green buds quietly emerged from the soil branches again, and some hard-working people have begun to prepare for spring plowing. With the establishment of tariff barriers and large-scale investment in infrastructure, the sound German economy, which was originally dominated by industry, has gradually recovered from the cold winter attack from the outside world. Although the surface is still covered with a solid ice surface, a rushing warm current has surged below it.19

In 27 years, Germany's national income still maintained a growth rate of 8%, with a total volume exceeding the 180 billion mark mark. With a combined data of US$43.9 billion, it continues to lead any other European country, second only to the United States' total amount of US$70.4 billion. In 1928, the German economy is expected to maintain positive growth after taking a series of countermeasures; according to Schacht's estimate, Germany's national income of 183 billion mark this year will be more than 60%.

The spring breeze blows green, the grass grows and the birds fly; the flowers are gorgeous and the red sun is warm. In the summer of 1928, the ice covering the surface of the German economy finally began to be broken by the warm current below: the number of unemployed people counted nationwide has begun to decline, and the German government's response has begun to show results. Seeing that the situation has eased, Qingying immediately stretched out a wooden stick with his hands to Italy, which is still in the mud, and invited him to join the German customs alliance. Although the conditions offered by the Germans were not generous,

This has already made the Italians overjoyed; after some bargaining, Italy finally reached an agreement with Germany in some areas, and began to demolish the bricks with Berlin to build up the other side of the tariff wall. When Berman flew back to Berlin from Rome with a treaty, Qingying was filled with joy. Over time, Italy, which opened its doors to Germany, will gradually be tied to its own chariots, and the prototype of the European Union has begun to form.

However, compared to Germany's stable position, the West, led by the United States, is in an unprecedented crisis.

After more than half a year of fermentation, the chain effect caused by the collapse of the New York stock market has already spread throughout the United States. Millions of unemployed workers have begun to wander on the streets, and every day there are dead people who can't bear the pressure and commit suicide. As agricultural product prices plummeted, farmers began to destroy excessive agricultural products in large quantities: they used wheat and corn instead of coal as fuel, poured milk into rivers, and countless poultry were captured and killed. At the same time, Americans are starving because they are poor and have no agricultural products that have plummeted. There was a long queue in front of the government relief center, and the benches of the street parks were filled with homeless people; simple shelter built of wood chips, iron sheets, and even kraft paper were everywhere in every corner of the city, and even cars were driven by livestock because they could not afford fuel. Those middle-aged fruit vendors with fine skin and white flesh were the most well-known representatives of this economic crisis: they were once successful merchants and bankers, but now they had to make ends meet in this way of circulation stalls!

At the door of the Detroit career agency, hundreds of unemployed people lined up all night; in a newspaper in Manhattan, a typist's position attracted fierce competition from nearly 50 applicants. An Arkansas man walked more than 400 kilometers to find a job, and someone in Washington even set fire in the woods so that others could hire him as a firefighter. In daily life, the situation of the American people also ushered in a freezing point: the docks are filled with housewives waiting for rotten fruits and vegetables to be thrown from the boat, and the truck carrying vegetables is always followed by the homeless people who pick up fallen items. Millions of Midwest people began to eat plants and grassroots like livestock.

Due to the close economic and trade exchanges between Britain and France and the United States, the two countries were also seriously affected by the US stock market crash at the first time. Similar situations occurred to them, but the degree of harm was slightly different. Thanks to the huge overseas colonies as buffering, the situation in Britain was slightly better than that of the United States. The London government is considering imitating Germany to establish an imperial tariff discount throughout the Commonwealth to relieve pressure. However, the situation in France seems extremely unoptimistic. Not only did they lose the interests of most overseas colonies in the war, but their country also introduced a large amount of American capital in the process of post-war reconstruction. When the US stock market collapsed, France's economic situation can be imagined! (To be continued, please search Piaotian, the novel is better and faster!

ps: Thanks to book friends Magic Jack, lazy George for their monthly ticket support, and Jin Crab, Yuan yh1234567, Zhouyu1976 for their rewards~~~
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