Three hundred and ninetieth chapters cotton ending
At the beginning of the 20th century, the biggest financial crisis was completely formed on this day. This was also the most glorious moment for rubber. Although it was not the highest price, many people spent this day like a festival and could not buy rubber shares. On this day, the people shared the joy of success, but hoped to enjoy the greater achievements of rubber. Therefore, the weekend gatherings were full of laughter and joy.
But they didn't know that the root of a crisis was quietly planted here, and it would be detonated in just three days. Habi had successfully made the funds out, and he transferred part of it to the markets of Frankfurt and Paris. For Europe, which had a relatively close interaction, such a connection was a relatively normal connection, while the other part was exchanged for gold. Before World War I, Britain was the king of the world, and the financial center of the whole world was in the UK. The British pound could be directly exchanged for gold. This amount was very large. Even though Habi's identity as a rich man made a lot of preparations, it was only exchanged for less than one percent of all the returns, which was less than 500 million US dollars.
This is already a very huge number. You should know that the 20 US dollars in this world can be exchanged for one ounce of gold. 500 million US dollars, which is 25 million ounces and 700 tons of gold. Even in the UK, an abnormality was discovered. Fortunately, Hubby took many ways and springboards, and it took him a full year. Otherwise, he would have been tracked down by the UK and the British intelligence department was completely deviated from the direction.
However, it is difficult to transfer the remaining funds, but fortunately, Habi is not in a hurry. Many things were purchased on the spot, various minerals, means of production, and even machines. They even bought a lot of old ships. Most of these old ships were planned. This part was caused by the entire rubber crisis, which eventually affected them. They had no choice but to sell these old ships.
Following Habi's footsteps, other top finances also began to gradually escape. According to later statistics, in three days, at least more than 20 billion pounds of funds were fled from British finance from the single item of rubber. The scattered funds of the people and speculators attracted by the world were unable to afford such a huge range, and even some financial forces did not completely escape.
After two days of brewing, especially more and more institutions discovered the problem and began to flee, and they officially began. On Monday morning, the prices of rubber markets rose rapidly in the morning. However, they were quickly suppressed by a large number of sell orders. At the beginning, many investors and investors thought it was an example. However, the price that was flowing down had no end, just like a diving on the high platform, pouring down, just like a Chinese ancient poem, which was said, flowing down three thousand feet.
Most of the rubber stocks were cut in half, and during the press release, bad news came one after another, either pests or pests or encounters force majeure and natural disasters. Most rubber companies even began to enter bankruptcy proceedings.
At this time, even if investors realized it later, they found problems. When the bottom-level people and some small banks and consortium investors joined the ranks, the price of rubber began to plummet. The whole industry and the whole sector fell together, and a huge storm was also set off. This day, later called Black Monday, was recorded in the history of international finance, but for investors, it was all tears. The overall average decline of the rubber sector was 55.5%. That is to say, on average, all stocks were cut a little bit today. Six of the 10 stocks with the largest decline were from stocks under the direct control of Habi, with a maximum drop of 87%. In other words, in a day, capital shrank by one-by-thousandth.
On this day, the whole of London was black, and almost every high-rise building had people jumped down. The most were 12 people jumped down. There were 117 people in the whole day, creating a record since its establishment. In the next week, the decline continued. Other sectors that were dragged down slowly stabilized and began to gradually recover lost land. However, the rubber sector completely turned into a graveyard, with a dark drop and a rebound. Until three years later, it had not recovered.
It is a disaster for ordinary investors, but for the initiator like Habi, it is a feast. The huge capital and crazy returns have suffered a huge blow to the entire British economy to a certain extent. The crisis that once caused in Shanghai was directly detonated in the UK, and its destructive power increased by more than ten times. In this case, Habi, the initiator, dared to stay in the UK, and had already left and arrived in Germany and was protected by the German government.
The British government was not entirely aware of it. After the investigation, although there was no evidence, many of the task chains pointed to Habi, but they had received protection from Germany. The most important thing is that most of the funds earned were transferred from Germany after adjustments from the UK. Tens of billions of funds were individually an astronomical figure. For a country, especially the world's second largest economy and the most powerful European country, Germany, after several transfers, they came out and did not stay in the UK and were seized by the British.
There are huge conflicts between Britain and Germany, and Germany are the most willing to do things that have caused trouble to Britain. Especially in the later stage, Habi contacted Germany and gave Germany a share of the pie in this feast. In the final stage, the strength of a great country is definitely not something that ordinary people can appreciate. Even if it only takes less than half a month, it earned at least 240 million pounds of funds and 240 million pounds. In this era, it is equivalent to 100 Elizabeth-class ships. This is an extremely huge capital, which is really a heart-warming agent for the German economy.
Because of the lag in travel environment and information in this era, a week later, the news began to spread in other financial markets in the world. In Paris, Frankfurt, New York, one by one, rubber became the target of everyone's criticism. The rubber, which countless people have been pursuing in the past, has become a real junk stock. No one is willing to look at him more. The losses are not as great as those in the UK, but they are also extremely considerable.
France, Germany, and the United States also began to cause a large amount of fluctuations after the United Kingdom, and more or less people jumped off buildings. Such a global stock market crash caused by one or a type of commodity has become a habit of a habit and every once in a while.
Shanghai is probably the last one. Although there are fewer people involved in rubber, China is so big that not everyone is willing to devote themselves to industry. There are really many people involved. However, compared with history, Shanghai itself has lost 50 million taels, and some even directly invested in the London market. Compared with the loss of 30 to 40 million taels, it is really less. The final loss is only more than 10 million. Most of them are the people's own money. Without the intervention of money houses, it has little impact on society. At most, it will cause some rich people to completely lose their wealth, but some foreign merchants will suffer huge losses.
Jardines did not intervene in the rubber field, but the huge lethality of rubber to the entire UK eventually affected Jardines. The four Jardines shareholders in the concession decided to sell Jardines' shares because of huge losses in rubber. The British mainland, Jardines headquarters, fell into a desperate situation due to wrong investment and financial losses. At this time, a large amount of resources were used to confront Baotou. The price of 20 million colored cloth was not high, and it was only more than 10 million pounds. However, at this critical moment, it was impossible to lose it in China, and the sales volume was not high, and it had to compete with the Chinese. Although I don’t know what happened at this time, it was money to transfer it to Europe and the United States.
The hard order made William unacceptable. He took a lot of effort and even under tremendous pressure to mobilize 20 million colored cloth to China. He was about to confront Baotou head-on, but unexpectedly, rubber triggered a crisis, which was hateful and annoying. Why was it this time?
William would not know that the coincidence he mentioned was a necessity of guidance from others to a certain extent. Yang Yuanzhao even expected the current situation and chose to detonate the rubber. Otherwise, in two months, the benefits he could get might be calculated in billions of dollars, but that was also good. The capital market was not smooth sailing, with the vision of later generations and foresight, and the layout on rubber together constituted such a situation. Although Yang Yuanzhao was confident that he would have the upper hand in the confrontation with British cloth, it would take multiple rounds of fighting and confrontation, and the results that could be obtained could be easily solved. Why use such a difficult method?
Shanghai Wharf became busy again. The 20 million colored cloth was eventually divided into two batches, one to the United States and the other to Europe. When they were completely transported away, the stormy cotton cloth market became calm and all its opponents ran away. Although Yshe was still unwilling to admit defeat, in the cotton cloth market, it was just a presence that maintained its presence. Baotou cloth began to dominate the world in the big cities led by Shanghai. More than 99% of the cloth came from Baotou, Baotou cloth and Xinhua cloth every day, becoming a new well-known trademark of cotton cloth. The cloth such as Britain, France, Russia and Japan began to slowly recover and return after more than a year. Unfortunately, Xinhua cloth has become a giant in terms of influence and itself, at least a giant based in China. They cannot shake the Chinese market at all. (To be continued, please search Piaotianyi, novels are better and faster!
Chapter completed!