Reborn as a police officer in South Africa

Tom did not find the southern African customers he hoped for. Although southern Africans are rich, the federal government has issued an executive order to stop importing agricultural products from the United States as retaliation for the U.S. government's investigation of Adan Company.

"Locke, you are too rash. London is considering a counterattack against the United States. Doing this in southern Africa will disrupt London's plans -" Winston did not advise Locke to do this.

"Oh, Winston, I don't need to remind you that with London's efficiency, I'm afraid it will have to wait until one or two years before we can start to fight back against the United States." Rock didn't trust the British government. During last year's coal workers' strike, the British government

The demands of coal workers can be ignored, and the same is true now. Don't expect the British government to come up with an effective counterattack in a short time.

In fact, the same goes for the United States. It is not much better than the United Kingdom. The economic crisis has been erupting for half a month, but the U.S. government has done nothing. Like the British government during the general strike last year, it sat back and watched the U.S. economy suffer heavy losses from the economic crisis without doing anything.

as.

It sounds incredible, right? How could a democratically elected government ignore the interests of the people and turn a blind eye to the economic crisis?

In fact, it's not that he ignored it, but Hoover had more important things to do. The U.S. election will begin next year. Hoover has already begun to prepare for the election, and he really can't care about the economic crisis.

Or in other words, since the once-in-a-decade economic crisis is inevitable, why intervene in the economic crisis? Why not wait for the social economy to repair itself and survive the same as previous economic crises?

Roque doesn't think so. Previous economic crises lasted for at most two to three years, and the social economy would slowly recover.

This time is different. The Great Depression will last for ten years.

Of course, Roque would not say "There are only nine years left in the Great Depression, let's work harder." No one would believe him. Unlike the indifference of European and American governments, Southern Africa must face the economic crisis in a more proactive way.

The first thing Rock had to do was to isolate himself from the country.

The "closed door" here refers to closing the Commonwealth market, raising tariffs to restrict imports, and subsidizing exports. At the same time, the federal government decided to devalue the rand again. After the Ministry of Finance decided to stop gold exports a week ago, it announced again yesterday that it would ban gold exports.

Private storage of gold and gold securities.

What should be noted here is that before the economic crisis, the gold reserves in southern Africa were worth more than 4 billion rand, accounting for half of the world's total gold reserves.

"Locke, your approach seriously violates the original intention of free trade and will cause the entire Commonwealth to be passive. This is an unnecessary overreaction." Winston is also a supporter of free trade, and is also determined by the British political system.

of.

The U.S. government does not dare to interfere too much in the economy because the U.S. government cannot touch the interests of American capitalists. Free trade is an excuse.

The cowardice of the British government stems from the powerful aristocracy in the UK, which is similar in nature to the United States. The UK wants to protect the interests of the aristocracy, so it can only use the banner of free trade and not interfere too much in the economy.

Southern Africa is different from Britain and the United States. Rock himself represents the most powerful capital force in Southern Africa. When capital interests and national interests coincide, this force can change the world.

"Winston, this economic crisis is completely different from all previous economic crises." Rock reminded friendlyly, it was Winston's business to listen or not.

"What's the difference?" Winston is not a god, he also has his own class limitations.

"It will last longer and be more destructive. In a few years, no one will mention free trade anymore. Do you know Keynes? Go read Keynes's works -" Rock doesn't want to say too much, Keynes is The British man, Rock, suggested that Winston have a good chat with Keynes.

Keynes is known as the "Father of Macroeconomics" and is famous for creating the "Keynesian Revolution" in economics.

"You mean John? Hahahaha, Locke, John is the most resolute British supporter of free trade -" Winston laughed, Locke's example was not valid.

What Rock didn't know was that Keynes founded macroeconomics until the outbreak of World War II. After Keynes witnessed the inaction of the British and American governments during the Great Depression, he reflected on the Great Depression, and then the Keynesian Revolution came about.

Keynes is now a staunch supporter of free trade and believes that protectionism is useless for domestic economic prosperity and employment growth. When the Washington Convention was signed, Keynes also insisted on the issue of German reparations: the balance of payments will pass Changes in domestic and foreign price levels automatically restore balance.

Keynes is now the chairman of Nationwide Mutual Life Insurance Company, and his annual report to shareholders has always been a must-read and first-heard news for people in the financial world.

"No matter who he is, the traditional free trade policy is no longer suitable for the current international situation. The federal government of Southern Africa must take a firm attitude to protect Southern African enterprises, and the same is true for London. If London cannot respond in time, then Southern Africa will restrict gold exports. The scope will be further expanded." Roque directly threatened to restrict gold exports from southern Africa, which currently does not include the United Kingdom.

"What do you mean?" Winston's smile solidified. The gold from the Rand Mine was too important to the British Empire.

The significance of gold is that under the premise of the gold standard system, how much gold can be printed in order to print. The unlimited quantitative easing of the Federal Reserve in the 21st century was simply impossible to achieve in 1927. Even if the United States bites the bullet and prints, no one will pay. After all, The current international currency is still the British pound, not the U.S. dollar.

This situation is also changing. After the disintegration of the Bretton Woods system, the United States tied the U.S. dollar to oil, which led to the subsequent U.S. dollar system.

In the world today, the pound is bound to gold, and its status as an international currency remains strong.

However, oil is tied to the rand. If you want to buy oil from Adang, you must use rand. This is also the underlying reason why the US government investigated Adan.

The pound is already an international currency. If the rand also becomes an international currency, the dollar will never be able to go abroad.

One more thing, the United States launched the "Dawes Plan" objectively to promote the U.S. dollar.

"What I mean is that London must advance and retreat together with Southern Africa, impose restrictions on American goods, and leave the Commonwealth market to all Commonwealth enterprises instead of importing from the United States." Roque made the request directly, and the old brain wanted to change it.

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The United Kingdom has always been wary of southern Africa. In order to downplay the impact of southern African products on the British mainland, American products also exist in the British market.

Before the economic crisis, Rock could accept this situation.

This is no longer possible, the Great Depression has begun, and the Commonwealth must work together to face the impact of the Great Depression.

"Locke, you are crazy, you are absolutely crazy. If you insist on going your own way, it may lead to the outbreak of World War II -" Winston looked horrified. Once southern Africa also imposes a gold embargo on Britain, then the pound will

The status of the international currency will be seriously affected.

It will not collapse instantly. Even if a country like the British Empire declines, it will take a long process, which may last for decades.

What Rock has to do is to keep throwing straw at the camel that is the British Empire. The straw may seem light, but sooner or later the British Empire will be overwhelmed.

"Winston, World War II will definitely break out, but it won't start in southern Africa -" Rock looked at the huge world map on the wall, wondering what Germany was like now.

Compared with the United States and the United Kingdom, where chaos is emerging, the situation in Germany is even worse.

However, due to the delayed impact of the economic crisis, ordinary people in Germany do not feel the economic crisis deeply.

To put it bluntly, the situation is already very bad, and it won't be much worse if it gets worse. They have to run for three meals a day every day, and their lives are precarious. Now Germans really have no time and no mood to worry about the economic crisis.

It should be noted here that Germany has to bear a large part of the responsibility for the collapse of the U.S. stock market.

After the "Dawes Plan" was implemented, the United States increased its investment in Germany, with an average annual investment of more than one billion U.S. dollars.

According to the "Dawes Plan", U.S. investment in Germany, after being transferred from Britain and France, will return to the United States in the form of repayment of borrowings during the World War.

The plan is good, but there will always be deviations during execution. Germany paid the compensation as scheduled the year before last, and Britain, France and the United States were rejoicing. People believed that the international order had returned to normal and the economic situation would continue to improve.

Then last year, Germany did not pay reparations on time, citing the deterioration of the domestic economic situation again.

Then the problem came. If Germany did not pay the compensation, Britain and France would have no money to pay back to the United States. At this time, American investors finally recognized the nature of Germany's bottomless pit and began to doubt Germany's solvency. When all this was concentrated in the United States

In the stock market, disaster is coming as promised.

The outbreak of the economic crisis is a good thing for the German Workers' Party, which is on the rise.

After receiving investment from the United States, the German Workers' Party gradually expanded its influence in Germany. In last year's German parliamentary election, the German Workers' Party received an unprecedented 1 million votes, with a vote rate of more than 3%. It was the first time that the German Workers' Party had a majority in the German Parliament.

Official seats, the Workers' Party finally got the coveted right to speak.

The German Workers' Party was funded by the United States, and Southern Africa was funded by Krupp.

The supporters of the German Workers' Party are mainly the German petty bourgeoisie and workers; the supporters of Krupp are the German Junker aristocrats and big capitalists.

In terms of influence, Krupp is indeed greater.

However, in terms of audience groups, the coverage of the German Workers' Party is obviously wider.