Make France Great Again

Chapter 932 The economic crisis breaks out

Regarding Richard Metternich's kind reminder, Jerome Bonaparte just smiled at him.

No one in the world understands better than Jerome Bonaparte whether there are any gold mines in Romania.

In fact, due to technical limitations, only a small amount of gold and silver mines in Romania have been mined after thousands of years of mining.

There are still many gold mines in Romania that have not been discovered, and it is nonsense to say that the gold mines have completely dried up.

Not to mention now, even in the 21st century, Romania has reported the discovery of 8 million ounces (about 227 tons) of gold deposits.

In short, although the output of gold mines in Romania is not as good as that of "gold towns" such as California and Melbourne, it is still one of the best in Europe.

If you really think about it, except for Russia, no other country in Europe can match Romania.

Later, Jérôme Bonaparte said: “Gold mining is inherently a matter of luck!

If it is really mined, then naturally it will be great!

If it is not mined, you won’t lose much money! "

Since Emperor Jerome Bonaparte had already said this, Richard Metternich did not dare to persuade him!

After all, he was just suggesting, not commanding.

If a gold mine is really mined, then Austria will also be able to profit.

Because after a gold mine is discovered, more people will inevitably move towards the location where the gold mine was discovered.

As long as there are enough consortiums going to Romania, the local governments in the Austrian Empire can take advantage of the gold mine crisis to sell their cheap land to those consortiums at relatively high prices.

The central government can also take this opportunity to make a good profit.

As for whether the consortium that bought the land can mine gold mines, it has nothing to do with the Austrian Empire.

Failure to mine gold can only mean that you are not lucky enough.

However, most consortiums will not lose money even if they cannot mine gold mines. They only need to create a virtual gold mine and then establish a company to mine gold mines.

This can attract a large number of retail investors who want to make a fortune to follow suit. The more investors there are, the better the market feedback will be, and the higher the virtual gold mine's stocks will be.

The consortium only needs to decisively sell the stocks in its hands after the stocks reach expectations, and then announce to the public that the company's gold mine cannot work normally due to the collapse of the mine disaster.

At that time, the market will react quickly. Virtual gold mines can drop in an instant.

Those retail investors who want to get rich overnight will become the takers of the consortium, and they will have nothing else in their hands except worthless stocks.

But the instigators and accomplices are still able to escape justice.

In short, Jerome Bonaparte and Richard Metternich reached a verbal agreement.

Richard Metternich left Jerome Bonaparte's study in a happy mood, and Jerome Bonaparte also called Basilio and ordered him to go to the General Staff in person. Get the maps of Transylvania, Morodova and Wallachia.

Basilio obeyed Jerome Bonaparte's order and left. Half an hour later, Basilio appeared in front of him again.

At the same time, Basilio held a rolled-up map in his hand. He unfolded the map and placed it in front of Jerome Bonaparte.

The map is a standard 1:5000 scale military map. Apart from the city name and altitude, there is nothing else.

Looking at the map in front of him, Jérôme Bonaparte felt very satisfied that his good intentions were finally in vain.

Immediately afterwards, Jerome Bonaparte took another careful look at the map, then turned around and ordered Basilio to leave.

After Basilio left, Jerome Bonaparte kept thinking about the approximate location of the gold mines in the Kingdom of Romania.

Finally, the memory of a lost lake was "uncovered" by Jérôme Bonaparte.

"I remember that there seems to be gold mines in Rosia Montana (where gold mines were mined during the Roman Empire), so let's start from here!" Jerome Bonaparte muttered in a low voice, and then Put pen to paper and write Rosia Montana down.

Later, Jérôme Bonaparte rolled up the map again and gave it to Basilio, ordering him to return the map to the Ministry of War.

After taking the map, Basilio nodded and left.

After Basilio returned again, Jerome Bonaparte gave him the task of setting up a gold mining company in Romania.

After receiving the task, Basilio did not complain at all, and promised Jerome Bonaparte that he would complete it as quickly as possible.

When the time came to early November, an economic crisis that was nearly two months late finally broke out in the United States at the end of the year.

This outbreak occurred later than in history, and at the same time it was much more serious.

The U.S. stock market, which was still booming, plummeted overnight like a flood that broke through a dam. Within an hour of opening, the United States as a whole fell by 15%.

The entire New York Stock Exchange was instantly shrouded in sadness and madness. The retail investors holding stocks were trying desperately to squeeze forward in order to exchange the stocks in their hands for U.S. dollars as quickly as possible so that they could Stop loss.

Those professional securities brokers who were usually well-dressed were also a little unable to sit still at this time. While shouting "This is a technical adjustment" and "Don't panic", they also squeezed in with all their strength.

This kind of inconsistent behavior made the surrounding retail investors feel full of contempt for them.

The stock exchange staff sitting in front of the counter were also sweating profusely as they looked at the hands reaching into the counter one by one. At this time, their hearts were also filled with fear.

If the stock market is allowed to continue to fall, retail investors on the exchange will inevitably fall into riots.

At that time, the small counter cannot protect their safety at all.

However, now they have no way to leave the counter.

Thousands of pairs of eyes in the exchange hall were staring at them closely, and they had no excuse at all.

At the moment, they can only do their best to exchange for shareholders in the stock exchange.

As time passed, the stock price of the United States of America not only did not stop falling, but fell even more sharply.

In two hours, the U.S. stock market as a whole fell to 70% of its pre-opening level. The already crazy investors became even crazier after seeing the stocks being cut off in half. Now the investors at the back began to move desperately toward the front. squeeze.

The investors in the front row also pushed back desperately after feeling a strong push from behind.

The wooden counter made a crackling sound as the stockholders in the stock exchange pushed each other around.

The staff behind the counter couldn't help but feel even more frightened after hearing the sound.

The hands that were originally used to exchange stocks/bonds into bills (the bills came from major banks) began to tremble involuntarily.

Fortunately, the chaos did not last long.

With the sound of a gunshot coming from the door of the New York Stock Exchange hall, the hysterical crowd began to gradually regain their composure.

The investors in the back row couldn't help but turn their eyes to the gate of the stock exchange.

A team of nearly a hundred people entered the gate of the stock exchange. Each of them carried a Minie rifle behind their back and a revolver at their waist.

Judging from the style of the troops, they should not be the government's armed forces.

However, a person who walked out of this team told the retail investors present that he was on the order of the governor of New York to come to the stock exchange to maintain public order. He hoped that everyone would line up in an orderly manner and not collide or push each other.

Under the threat of this heavily armed squad of 100 people, the retail investors in the stock exchange had no choice but to obey, and at the same time silently prayed in their hearts that their stock would be able to make a small profit.

If the price falls again, you can slow down a little bit.

However, their prayers were of no use, and the stock market continued to fall.

When the stock market closes, the overall number of stocks on the exchange is only 50% of what it was when the market opened.

The vast majority of retail investors have not yet completed the redemption. The retail investors closed their eyes in despair when looking at the numbers in front of them.

That night, more than a hundred investors jumped from the building.

There are many successful gentlemen among them.

However, this was just the beginning. Over the next few days, the stock market continued to fall.

Although the decline is far less than the first day, it is still enough to make people jump off the building one after another.

At the same time as the stock price fell, factories affected by the stock price decline also began to go bankrupt on a large scale. The well-dressed factory owners also became disgraced at this moment. Facing the bank managers who came to collect debts, the factory owners could only You can beg the other person to give you some time.

However, the factory owners don't know that banks don't have much time left either.

The drop in the stock market caused a large number of factories to go bankrupt instantly, and the bankruptcies of factories further affected the banking industry.

Facing the bankrupt factories, the banks that lent them money also had no good solutions. A large number of bad debts appeared in the bank's books, and the bank was simply unable to fill such a huge hole.

This also caused the British capital that was originally lent to the United States of America to start to survive. They quickly withdrew their money in the Bank of the United States, and the Bank of the United States became even more fragile.

At this time, the bank run crisis also began to break out, and many savings users began to pour into the bank to request exchange.

At this moment, banks are simply unable to fulfill their promises. The leaders of many banks have begun to abscond with their money.

Banks fell like dominoes one after another.

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