Reborn as a police officer in South Africa
1567 I laughed
February 7, 1927, this day is destined to be remembered by many people. In the following countless years, this day will be mentioned frequently. "Black Monday" began with the collapse of the US stock market and began a full ten-year period.
of the Great Depression.
No one knows what the source of the U.S. stock market crash is. Some say it is the price cut of Standard Oil, some say it is the intervention of external capital, some say it is greedy Wall Street tycoons. The media and radio stations cannot agree on one, and everyone is discussing it.
The "Great Depression" is the summary of the economic crisis of 1927 by later generations, but in 1927, no one realized that this economic crisis would last for a full ten years.
Except Rock.
Rock knew that the U.S. stock market crashed on February 8th.
Stoudemire came to Rock excitedly and wanted to form a team with Rock to hunt for the bottom in the U.S. stock market.
"No, no, no, Cecil, don't worry, it's not the time to buy the bottom yet -" Rock's head was also a bit big.
Rock was definitely no stranger to the Great Depression; he had been preparing for it for several years.
However, in Rock's memory, the Great Depression in another time and space seemed to have started in 1929, but now it was 1927, which made Rock a little confused and a little panicked.
There is a feeling that the wild horse has lost control.
"Why? The U.S. stock market collapsed. The stock index fell by 40% in one day. Nearly a hundred banks and companies collapsed yesterday. Now is the best time for us to enter the market-" Stoudemire couldn't wait, the stock market crashed
That's it, some are happy and some are worried.
"Wait a little longer, Cecil, be patient -" Rock smiled slyly. Nearly a hundred companies are nothing. The world has an economic crisis once every ten years. Only this economic crisis is called the Great Depression, and its impact is far greater than anyone imagined.
serious.
There are many kinds of data about the Great Depression. Among them, two of the ones that impressed Rock the most were: Within two weeks of the beginning of the Great Depression, the U.S. stock market lost about 30 billion U.S. dollars, which was equivalent to the U.S. loss in World War I.
total expenses.
The other is the more than 20,000 U.S. banks, nearly half of which collapsed during the Great Depression. At its worst, all banks closed down.
"What are you waiting for Locke? Now is the best time for us to take revenge on the Yankees and let the damn Yankees die!" Stoudemire's big ax was already thirsty.
At this time, Ada and Henry also came to the Palace of Justice, and all three friends were present.
"You also want to buy the bottom?" Rock wasn't surprised, but Ada and Henry would be surprised if they didn't have any ideas.
Henry nodded while holding back a smile, it was really hard to hold it in.
"I don't think so. I have already sent a telegram to Adrian. We cannot leave the opportunity to Rockefeller and Morgan -" Ada calmly said that it was not just the Southern African consortium who wanted to buy the bottom, but the Wall Street tycoons were also ready to make a move.
Otherwise, why do you think the economic crisis happens once every ten years with such regularity? Even homeless people on the streets of New York wouldn’t believe it if there were no human factors behind it.
"Haha——" Xiaosi sneered and looked at Rock with an unkind look.
The meaning is very obvious. Just now someone said to calm down, but behind his back he has already started to take action, double standard.
"The U.S. stock market has plummeted. Aren't you worried about the southern African stock market?" Roque was also helpless. The focus of these people was a bit strange.
The world has developed to this point, and the earth has become a global village. The collapse of the U.S. stock market will soon cause a chain reaction. No one can be immune, including southern Africa.
Especially in recent years, the economic ties between Southern Africa and the United States have become increasingly closer. Just look at the sales of Southern African companies in the United States.
If the U.S. economy collapses, the profits of Southern African companies will also be affected, which has been reflected in the Southern African stock markets today.
Just now, the stock market in Southern Africa opened. Affected by the U.S. stock market, it also plummeted by 10%. Although it was not as good as the 40% in the United States, it was very rare for the stock market in Southern Africa, which has always been stable.
Compared with American companies, which are increasingly fond of playing financial games, Southern African companies are still relatively pragmatic, so they are less affected by the economic crisis.
Coupled with the timely entry of Rand Bank and Nyasaland, the southern African stock market has now returned to normal after a brief decline.
"What's there to worry about? If someone wants to sell Adan's shares, I'll buy as much as they sell without you taking action!" Stoudemire was full of domineering. With such confidence, it is indeed difficult for the southern African stock market to collapse.
"It's not good for you to do this. The stock has no liquidity, how can it appreciate in value?" Luo Ketou said. Some people are making trouble in the U.S. stock market, and the same is true in southern Africa.
"Who says there isn't--" Xiao Si was proud of himself.
Henry scratched his head.
Ada picked her nails.
Only then did Rock understand that sometimes it was not good to be the hands-off shopkeeper. Rock himself didn't know many things. No wonder the equity of Adan Company became more and more complicated.
"Okay, let's get down to business. The economic crisis has come, and southern Africa will definitely be affected. So how should we respond?" Roque doesn't care about the PY trading in the stock market. It's rare for everyone to be here, so let's discuss it by the way.
“Copy the dip!”
Xiao Si, Henry, and Ada said in unison.
Now it's Rock's turn to scratch his head, buying at the bottom, it's so easy to buy, it's only the first day of the U.S. stock market crash, think about what those companies that didn't even survive the first day are, they have no value at all.
A truly valuable enterprise cannot be completely incapable of resisting risks.
For example, Standard Oil——
Despite the price reduction of Standard Oil, the more oil you sell now, the more you lose, but the stock price of Standard Oil is very strong and has no fluctuation at all.
The key is that people have confidence in Standard Oil. No one is selling Standard Oil stocks in the market, and even if there are, they will be bought immediately. Just like Standard Oil, the stock market crash is simply impossible to happen.
"It's up to you to buy the bottom. What I mean is that if an economic crisis breaks out in the United States, southern Africa will definitely be affected. What should we do?" Roque no longer cares about these nonsense, and just go and copy the banks he works for.
We are not stupid either. We will naturally not touch a worthless enterprise.
Now Xiaosi, Henry, and Ada were finally silent.
Even if they didn't know how long the Great Depression would last, how big the impact would be, and how serious the consequences would be, the mention of the economic crisis still made Stoudemire, Henry, and Ada feel frightened.
"The rand will further depreciate, and if the situation worsens, we must be prepared to abandon the gold standard." Aida quickly entered the state.
"We must restrict gold exports, including gold exports to London." Stoudemire did not hesitate to abandon Britain when it was time to abandon it.
This is an economic crisis. Let’s forget about the suzerain’s obligations and so on. It’s better to die as a Taoist friend than to die as a poor Taoist.
"We need to increase aid to industry and agriculture. If an economic crisis breaks out, exports will definitely be severely affected -" Henry just started to speak, and suddenly looked at Roque with surprised eyes.
Only then did Henry remember that after the New Year, large-scale infrastructure construction began in southern Africa, and it seemed that Fawalt Steel Group would not be greatly affected.
The main reason why an economic crisis breaks out is that there is no money. When the stock market crashes, banks will be run. Banks will have no money to lend to factories, and factories will have no money to organize production. Workers will be unemployed. When they are unemployed, they will have no money to buy various consumer goods. Then
The economic crisis will become more serious.
The launch of large-scale infrastructure construction in southern Africa is equivalent to the federal government distributing money to the whole society. As long as there are orders, factories can survive. Although profits will definitely drop significantly compared with before, in the current economic crisis, being able to survive is already special.
It’s not easy, let’s talk about profits later.
"Is the Rhodesian Company considered an industry or an agricultural company?" Xiaosi is a bit vague about the positioning of his own company.
The Rhodesian Company, which was born out of a South African company, is a strange thing.
The Rhodesian Company still has control over all land in Rhodesia.
Most of the agricultural products from farms in Rhodesia are sold to Rhodesian companies.
The Rhodesian Company processes and sells to the outside world. Various fruits, vegetables, and canned meats are the main products, and most of the products are exported.
It’s impossible not to export. Canned food looks fancy, but in fact it’s definitely not as delicious as fresh food. Various local agricultural products in Southern Africa are cheap, but almost no one cares about canned goods. The Ministry of National Defense of Southern Africa regularly purchases canned goods.
As a strategic material reserve.
During the economic crisis, the Department of Defense will definitely increase its procurement efforts.
"Cecil, during the economic crisis, survival is the main goal." Rock reminded Stoudemire that he really can't be pretentious at this time, and he must survive first.
During the Great Depression in another time and space, American farmers destroyed a large number of "surplus" products, used wheat and corn to replace coal as fuel, and poured milk into the Mississippi River, turning the Mississippi River into a "Milky Way."
The reason for doing this is not that the farmer is so stingy that he would rather throw away the milk than give it to the poor, but that the price of milk has been so low that even the freight cannot be compensated. So what can the farmer do? He can't just dump the money.
The milk was delivered to the city for the homeless, so it was simply poured into the river.
This kind of thing cannot happen in Southern Africa. The federal government of Southern Africa formulated the "Price Guarantee System" last year. No matter how low the price of milk is, it will not be so low that even the freight cannot be compensated. The federal government will subsidize it.
As for Stoudemire's company, there is actually no need to worry. Cans have a very long shelf life. The cans currently produced by the Rhodesian company have a shelf life of more than two years. This shelf life does not mean that it will go bad after it expires. It usually refers to the last
The best time to eat it is that it will not deteriorate immediately after two years, but the taste will definitely be worse.
"I know that other companies can tap domestic demand, but what about the Rhodesian company? Who in southern Africa eats canned food?" Stoudemire wailed. This really cannot be blamed on southern Africans, who do not have the habit of storing food.
Americans store food because it is difficult for farmers in the suburbs to go to the city, so when they go to the city, they buy enough at one time.
Farms in southern Africa are basically self-sufficient. Any farm that mainly spends money to buy food will be ridiculed by its peers.
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