Chapter 452: Good economic situation


When the whole country is on the edge of a cliff, someone needs to bravely step on the accelerator! This is what Morgan wants to say to his heirs. Little Morgan hesitated and asked, "So now that the financial markets are in need of regulation, the most suitable is the federal government? Otherwise, the domestic economy is likely to have problems."
"Boy, you understand what I mean wrong, our colleagues don't want to be regulated by the state." Morgan shrugged. "You can't check them all? What if you really find out something? What do you want to do?" People, if he succeeds, he is a hero, if he fails, then he must do his best. If he ca n’t come back, no one misses him. Everyone thinks so, why do we take the initiative to speak. "
"There really is a problem, that is cash is king!" Little Morgan nodded and finally said a little truth.
"Oh boy, you finally got the point. At the time of the crisis, whoever has the most cash will be the king. And whoever has a stable industry will survive. Among these domestic companies, they have both There are two companies with huge scales covering a wide range of two points. At present, there are two companies, Standard Oil and United Corporation, and the smaller one is the DuPont Consortium. In fact, the DuPont family industry is the most stable, and their family has never been interested in the financial industry "Morgan recognized the heir's statement and said at the same time," No one needs us to calm them down, and they can't calm down. But on that day, they will kneel in front of us and wear expensive dresses. , But not even a penny in his pocket. "
In the Rockefeller Estate, after listening to his son's ideas, Rockefeller vetoed very simply, "I don't agree to enter a particularly hot field. Although I have no friendship with Morgan, I know a basic logic. This is due to the economic crisis every time. The bankers who had bottomed out did not move, which shows that this fiery is not normal. "
"But now it's time to make money by changing hands!" Rockefeller Jr. said a little regretfully, apparently still not giving up.
"Do n’t be fooled by short-term figures, business is nothing more than buying and selling, and the sudden heat is not normal. And I can now predict that this hot sale will continue for some time, and no one can finally Take over. "Rockefeller said indifferently." No one can only explain one thing. Citizens have no money. In this case, don't think that the top of the strong business community is fine. Once the eyes are fascinated by greed, the foundation collapses. In a magnificent high-rise building, it will collapse, and it will be destroyed in a powerful company, which is a matter of a moment. "
For his heir, the old Rockefeller flatly stopped this thought. It is possible to make money, but it must not be used in this way. This method is only suitable for people who have nothing to lose. When a businessman starts, the courage can be surprising. But once there is a huge career, it is absolutely not possible.
"I know, Father!" Little Rockefeller admitted the mistake very sincerely, because he was too greedy.
As for the Dupont Commonwealth, the current fierceness has not caused any discussion at all. If the minerals rise, then increase mining efforts and sell them. As for the money to join the speculation, it is absolutely impossible.
The Dupont family deserves to be the top of Sheffield's hated company. It is just like the Daqing before the European Industrial Revolution. It looks like nothing, but it is nothing.
"People usually have three choices for disasters, to be a loser or a lucky one, and there is a middle choice that does not happen if they do not join, but in fact faced with this opportunity, once citizens feel that it is an opportunity, they do not join. Options are completely unacceptable options, and the losers and lucky ones will actually bring the same result to most of the participants, that is, a large army of losers, so it seems to be three options, But there are actually only two. "Sheffield lamented to his wife while walking." The company I hate the most is DuPont. I really can't take them. At least the normal methods are effective. Only Let the Democratic Party come to power and find opportunities to clean up them. "
"Grandmother always wanted to avenge her husband, which is nothing wrong." Annie showed a very admiring look, "This is not a reasonable thing."
Everything in the New Mexico area has risen rapidly, and prices have risen rapidly in the capital frenzy, not only the minerals of Sheffield, almost all domestic minerals, whether they make money or not, whether it is rich or poor, even if you The mine is in the middle from one unmanned area to another. In addition to the gray wolf and the rising wild grass along the way, there is no possibility of seeing other creatures along the way.
There are buyers of minerals that are not profitable, and some people are willing to buy it at a large price, because the person who bought it believes that there will be a more stupid fool, who will buy it at a higher price.
Once speculation causes the entire citizen class to follow, the power it brings is unparalleled. This reminds the slave owner of the tulip bubble, which is also known as the tulip effect and originates from the historical events in the Netherlands. Known as the earliest recorded speculative activity in human history. The Dutch tulips once caused an extraordinary madness in the flower trading market. The supply of tulip bulbs is in short supply and the prices have skyrocketed. The Dutch tulip market has become a disordered gambling pool for speculators to stretch their fists.
Judging from the tulip bubble to judge the current speculative behavior, it is certain that no correct conclusion can be drawn. In Sheffield's impression, the tulip bubble lasted more than three years in the Netherlands, and the game of drumming and passing flowers suddenly collapsed.
The United States and the population and area have no similarities with the Netherlands, and there are developments in other industries, so there is no comparison.
But it is not without a way. Although Sheffield does not have particularly powerful financial talents, it is possible to complete basic work. That is, to observe the flow of funds in the stock market. Once the flow of funds shows signs of stagnation, it means that the early symptoms of the money shortage have already Appeared.
A hundred years later, if there is a money shortage, the Fed ’s opening of the gate is a routine operation, but at present there is no department of the Federal Reserve in the United States, and the opening of the gate does not exist. Therefore, the outbreak of the financial crisis will surely spread from the financial industry to any other industry very quickly.
In fact, even the directors of Nick Burke Trust and Investment Company, which caused the upsurge, knew in their hearts that this upsurge would certainly not last, but they felt that it was not a problem to retire with their own company strength. In fact, it is one of the three illusions of life that blindly and confidently appeared. I can do it! I am not an ordinary person.
At the age of 18, you thought you would be a particularly powerful person at the age of 30, either particularly talented, or successful in starting a business, or becoming a big man in a certain field, and the worst thing is at least a bright and beautiful tall tube. Earlier achieved financial freedom, travel around the world, buy a house and a car, a happy family, and both children.
But the reality is that when you are thirty, you are doing a pitiful job. You are afraid to talk about love. You ca n’t afford a house. The director of Nick Burke Trust and Investment Company just fell into the high-end version. I can do it.
Even Nick Burke Trust and Investment Corporation and the financial institutions that have entered the market think so, then the inside information that ordinary citizens hope for, the so-called network relationship, is actually just an ordinary staff of these financial institutions, at best senior staff. And these so-called senior staff, the Wolf of Wall Street in the eyes of citizens, are just ordinary people in major financial institutions, and can only receive information from higher-level directors. They are also ordinary people in the eyes of financial tycoons.
And once they are out of the civic class, they still have no access to the status of the upper class. The senior staff at this level are no longer with the civic class. As Sheffield said before, the company ’s employees who focus on training The most important trait is to climb up on competitors. These people will only be loyal to the boss and will not glance at the low-level people.
Guided by the illusion that many financial institutions can do it, the blind citizen class hands the money to the speculators.
And there are many good news outside. The reconstruction of San Francisco is in full swing. Outside, the Great White Fleet circled Latin America. The strong naval strength played a good role in promoting the national power. After a few months of sailing, it gave the United States Brought great prestige, the media also highly praised the navy's navigation.
Reflected in the stock market, the stock market of shipbuilding and derived steel and other metals rose. When the Big White Fleet arrived in San Francisco, San Francisco had initially recovered from the earthquake and began to show a prosperous look.
At this time, heavy news came from the New York Stock Exchange that the United Copper Mine Company was officially listed. This enterprise operated by Nick Burke Trust and Investment Company in accordance with Morgan ’s establishment of the U.S. Steel Corporation template was listed on the first day of listing. It has become a star in the stock market, which has attracted many capitals.
Humph, Sheffield, who arrived in Los Angeles, came to send Alice Roosevelt on board, which caused the latter's dissatisfaction, "Are you particularly happy?"
"Of course, the economic prosperity is happy, who would despise life?" It fully shows that the situation is not a small but a good slave owner. I feel that I should celebrate and celebrate before Alice Roosevelt leaves. "Baby , I want to die you during this time. "
"You bad thing, you have to take advantage of me again." Although Alice Roosevelt said so, when she thought of a few months of sea voyage, she really needed to be moisturized, just go crazy before leaving.
Latest chapter of Ebook My America Click here