America 1869: A Doppelganger Every Day

How did the diamond scam escalate into an economic crisis? → Let's start with the Pacific Railroad, the biggest victim of the scam.

The content of the article is very clear.

First, the scam was briefly explained, and then it was stated that nearly ten people were involved in the scam, two of whom were unknown and might become scapegoats, while the rest were well-known figures in the United States.

Hopefully, they can act out of conscience and social responsibility, and provide some compensation to ordinary people who lost money in this scam, so that they can survive.

Then, we got down to business.

"According to our reporter's investigation, most of the people who bought shares and stocks in diamond mining companies are ordinary people, but they are not the ones who bought the most."

"The total number of shares purchased by all ordinary people combined does not exceed 40%."

"The remaining 60% or more of the shares were all purchased by the Northern Pacific Railroad."

"Several prophets have said that this scam will cause a global economic crisis."

"An economic crisis will cause a large number of people to lose their jobs and a large number of businesses to go bankrupt."

"Since the prophet said that the deception would be followed by an economic crisis, I think the trigger will be the Northern Pacific Railroad."

"The Northern Pacific Railroad's tens of millions of dollars spent on shares have gone down the drain, and their debt ratio will increase significantly."

"Most importantly, the construction of the entire American railway is almost finished. There are no new railway projects coming up, so they have no new ways to make money."

"Unable to make money, with a high debt ratio and the potential for outstanding payments, the Northern Pacific Railway would likely declare bankruptcy in a short period of time."

"The bankruptcy of the Northern Pacific Railroad will affect a large number of people working in related industries and related companies."

"Similarly, since the economic recession is due to problems with the railways, the Northern Pacific Railway Company can no longer build railways, and other railway companies also have nowhere to build railways."

"That would create a huge crisis for all companies related to railways, forcing them to either transform quickly or wait for bankruptcy."

"Only those companies with low debt ratios or no debt will survive."

"After all, railway operations always generate revenue, but if the debt is too high and your revenue can't cover the debt, you can only wait for bankruptcy."

"I don't know about other countries, but in the United States, there are countless companies related to railroads, and even more workers related to railroads."

"Even the most conservative estimate is that several million people will lose their jobs as a result."

"These people who lose their jobs will look for other jobs, which will increase competition for other jobs, causing more people to lose their jobs. At the same time, more people will have no money and will not be able to consume. Many factories will not be able to sell their products, many shops will not have customers, and many restaurants will not have customers. The final result is that the economy will collapse directly."

"If other countries are in a similar situation to the United States, then I dare say that the predictions of these prophets may really come true, and a global economic crisis is about to break out."

"I urge that if an economic crisis really comes and you really can't find a job, you can go to work for farmers in the west."

"Or joining the Western Development Strategy might offer a different future."

Li Changsheng's subsequent words were certainly not made up.

His words were mainly to pave the way for his own side.

Amid the overall economic crisis, the white hero clones that Li Changsheng had previously acquired from the Native Americans found a purpose.

Before this, their land was simply not fully developable.

In this era, a large number of people are needed to fully develop the land.

The reason we don't have enough manpower is that we can only do it little by little.

Fortunately, some of their land will not be reclaimed after the five-year period, so they can develop it gradually.

However, it would be good to resolve the issue as soon as possible, and developing the land quickly would also generate revenue quickly, allow us to control more people, and gain greater opportunities.

Therefore, Li Changsheng's words were intended to help these hero clones.

However, no one paid attention to Li Changsheng's words.

Even though the next day, the various clone farm owners began publishing their opinions in different newspapers, welcoming anyone to work on their farms, it didn't cause much of a stir.

However, things are slowly starting to change regarding the economic crisis.

The first to start was, as the prophets had predicted, the Northern Pacific Railroad.

Within just a few days, news arrived that the Northern Pacific Railroad was on the verge of bankruptcy.

Meanwhile, several companies holding railway bonds went bankrupt one after another.

A wave of bank runs ensued.

Countless banks also went bankrupt.

At the same time, many railway companies, in order to avoid bankruptcy, even began to sell their railways to the public.

Leicester was naturally not going to let such a good opportunity slip by.

Similarly, the American patent group, Universal Patent Group, also seized this opportunity and began making large-scale purchases.

As for money, it's not a big deal for Global Patent Group.

The patents that Global Patent Group currently controls are enough to make them invincible.

Moreover, they will be putting more of their patents into use in the future.

It's inevitable that Global Patent Group will make money.

While the economic crisis was erupting in the United States, many other European and American countries were also beginning to show signs of an economic crisis.

Some people are quick to seize opportunities and prepare to sell their assets to lower the company's debt ratio or reduce some of the burden.

Therefore, at the beginning of this crisis, Universal Patent Group acquired a number of railways and factories.

They will then increase their acquisition efforts. Perhaps, in the future, another entity under the Global Patent Group will be the Global Railway Group.

Of course, these are just the names used behind the scenes for these clones; on the surface, these companies no longer have much connection with each other.

Besides these clone companies that have made a fortune during this economic crisis, Li Changsheng's newly summoned clones have also been developing during this economic crisis.

Moreover, all the money they used for development was borrowed from banks in Leicester. At the same time, Li Changsheng also deposited the money from his other wealthy clones into banks in Leicester.

This created a cycle for all of Li Changsheng's clones' money, preventing it from sitting idle in the bank.

At the same time, it also allowed Leicester's Citibank to grow and expand.

It is foreseeable that under these circumstances, the International Bank will rapidly grow and become one of the top banks in the United States.

The clones will also take advantage of this economic crisis to grow stronger rapidly.

Li Changsheng was unaware that the economic crisis was supposed to begin several months later, but it was the prophecies of his several clones that caused the crisis to erupt ahead of schedule.

In the blink of an eye, more than half a year had passed. At the beginning of 1873, Li Changsheng's new invention was nearing completion. Just as he was preparing to make a final push to successfully complete the research, he received a message from his clone. It was this new message that made Li Changsheng put down his research and even temporarily stop sending clones to America.

Even his physical body traveled directly to Hawaii on a ship belonging to Changshun Shipping Company.