The rise of a great power: starting with military industry

In 1929, a financial crisis broke out in the United States, which spread outward and formed a world economic crisis. This unprecedented crisis that broke out in the capitalist world from 1929 to 1933 was the unprecedented and longest-lasting world economic crisis.

During this great crisis, a large number of banks collapsed, products were piled up, enterprises went bankrupt one after another, the market was depressed, production dropped sharply, the number of unemployed people soared, credit relations were severely damaged, people's living standards plummeted, farmers' incomes dropped sharply, many people were on the verge of bankruptcy, and the entire social and economic life fell into chaos and paralysis.

In just four years, the world was plunged into a deep economic crisis. The industrial production of the entire capitalist world fell by 40%, and the industrial output of various countries regressed to the end of the 19th century. The total trade volume of the capitalist world decreased by 2/3. A total of 29 companies in the United States, Germany, France and the United Kingdom went bankrupt. The number of unemployed people in the capitalist world reached more than 3000 million, the number of unemployed people in the United States exceeded 1700 million, millions of small farmers went bankrupt, and the unemployed people were displaced.

The economic crisis has caused political turmoil in capitalist countries due to the inherent contradictions in the capitalist system. It has also intensified the contradictions between capitalist countries and led to a series of tariff wars, dumping wars and currency wars.

It was also this crisis that led to the outbreak of World War II.

After all, in a crisis, resolving the crisis through war always appears to be efficient.

If you lose, you lose everything!
If we win, we can redivide the world and the natural crisis will be overcome!
This economic crisis is so similar to that of 1929.

It was also initiated by the United States, which spread to the whole world and led to the outbreak of the global economic crisis.

The same destructive power is amazing!

It also led to the outbreak of bellicosity in some countries and social unrest.

This has caused many people around the world to worry, wondering whether this global economic crisis will lead to the start of the S1929 season, just like the Great Depression in 3 that triggered World War II.

Einstein's famous quote, "I do not know what a Third World War would be like, but if a Fourth World War breaks out, it will be fought with stones and sticks" once again resounds around the world.

European countries such as Sweden and Finland have even distributed manuals on preventing nuclear radiation nationwide, causing people to rush to buy iodine tinctures, chemical protective suits, etc.

After all, for the younger generation, the nuclear cloud is too far away and they have never experienced it. But for the middle-aged and older generations, the nuclear cloud has long been hanging over their heads. Even every time the TV station broadcasts the Soviet Union's West-81 military exercise, they can't help but shudder and have nightmares at night.

This time, with the arrival of the economic crisis, the performance of EU countries has been mixed, and some countries have even made a lot of jokes.

But what is even more frightening is the worry about the coming of World War III.

In Europe, TV stations occasionally broadcast the documentary on the West-81 military exercise, and the documentary on the West-81 military exercise has become popular again on the Internet.

Many young people in Europe only know how powerful the Soviet military was back then.

The Soviet Union was at its peak back then, and its military power is still incredibly strong even now.

More than 20 years have passed, and NATO is already in a state of "brain death". The United States is no longer able to lead and maintain NATO as it did in the past. Every NATO meeting has almost become a stage for NATO countries to quarrel.

The presence of the European Rapid Reaction Force is even stronger than that of NATO!

However, with the arrival of this economic crisis, Europe and Russia signed an energy supply agreement. Europe wanted to lower energy prices, but Russia was not willing to do so. After all, Russia's current economic development relies heavily on energy exports.

After finally signing a high-priced energy export agreement with Europe, how could Russia be willing to lower the energy export price and sign a new agreement? It was only after signing a new energy export agreement with Europe and achieving a great victory that Russia wanted to use the great victory to force China National Petroleum Corporation to make concessions and change the price in the previous long-term supply agreement.

But no one expected that China National Petroleum Corporation would not give in at all.

As a result, when Russia was about to plan a big move, Liu Tao started two fires, which made Russian energy companies tremble all over and fear that they would lose the Chinese market.

After the global economic crisis broke out, the financial crisis was bound to have a huge impact on the global economy, especially on those countries that rely on exports, such as Japan, South Korea and Australia.

As market demand in developed countries such as Europe and the United States decreases, countries that rely on exports will inevitably be severely affected, leading to slower economic growth or even negative growth.

What countries are looking for now are orders, exports and markets!
And there is no doubt that China is a huge market!

It is what all countries need!

The nationwide snow disaster relief work had just been completed, and before commendation conferences at various levels could be held, a voice began to emerge on the Chinese Internet and in the public opinion field - saving America is equivalent to saving China!

The sound is growing louder rapidly.

They hope to help the United States overcome the economic crisis by purchasing U.S. Treasury bonds and increasing holdings of U.S. dollars, thereby saving China's export companies.

This sound appeared last year, and it was very loud, but it became weaker later.

And this time, the sound became louder again.

This voice listed a variety of reasons. First, Bank of America is one of the largest banks in the world. If it goes bankrupt, it will cause a huge shock in the global financial market and may trigger a larger financial storm. This will have a great impact on trade and investment among countries around the world. As the world's second largest economy, China will definitely be greatly impacted.

Secondly, if a US bank fails, its customers' deposits and investment assets will face serious losses. This will have an extremely adverse impact on the US economic system, causing huge setbacks in the economy of all industries in the United States. This will further lead to the depreciation of the US dollar. For China, this is also a moment of terrible risk. China's export and budget policies may be affected, and the stability of the economy will be seriously threatened.

Third, as one of the world's largest consumer markets, China has a huge market size and financial resources, which will also have a certain buffer effect. However, China is the world's largest foreign exchange reserve country, especially holding a certain amount of US Treasury bonds and US dollar reserves. Therefore, once the US financial industry is in crisis, the impact on China's foreign exchange reserves and foreign exchange market will be catastrophic, which may further threaten China's economic operation.

Various reasons are analyzed to explain why we should help the United States overcome the financial crisis.

But it doesn't say what price the United States should pay.

It seems that China’s help is a matter of course.

There is even a meaning that it is giving China the opportunity to help the United States, which is a kind of alms.

Sometimes it's so funny, some people's bones are weak, and they can't stand up after kneeling for a long time. Some people are used to being dogs and never thought that they can be human.

As I said before, the second devils are more hateful than the real devils! (End of this chapter)