Since 1920, three Republican presidents Harding, Coolidge and Hoover have been in power one after another. Some American historians believe that "these three administrations constitute an era in American history" and "in these 10 years, the low moral level has reached an unparalleled level."

After the stock market crash, economic crises followed one after another. In order to maintain the prices of agricultural products, the farm owners destroyed "surplus" products, replaced coal with wheat and corn as fuel, and poured milk into the Mississippi River. By 1932, the United States' steel industry had fallen by nearly 80%, the automobile industry had fallen by 95%, and at least 130,000 companies went bankrupt, accounting for 1/4 of the total labor population in the country was unemployed.

The homeless people in the city built simple shelter with wooden boards, old iron sheets, tart cloths and even kraft paper. The villages where these huts gathered were called "Hoover Village", which was intended to satirize President Hoover. The beggar bags of homeless men were called "Hoover bags"; the newspapers covered by homeless men who were sleeping on street benches were also called "Hoover blankets". A nursery rhyme was popular on New York Street: "Mellon rings the whistle, Hoover rings the bell. Wall Street sends a signal, and the United States rushed to hell!"

Next, the US economic crisis expanded outward, leading to a global depression.

From 1929 to 1932, industrial production fell by 40%, foreign trade volume fell by 60%, and prices fell by 30%. In July 1931, the bank of Darmstadt in Germany collapsed, triggering a bank run. The country's gold reserves decreased from 2.39 billion marks to 1.36 billion marks, and the nine major banks in Berlin were reduced to four.

From 1929 to 1931, Japan's exports fell by 76.5%, and imports fell by 71.7%. A large number of banks and industrial and commercial enterprises went bankrupt, with the operating rate of major industrial sectors only 50%, the total industrial output value decreased by 32.9%, and the total agricultural output value also decreased by 40%. Because of this, Japan has increased its invasion and plunder of China.

This economic crisis has also become the cause of World War II, and its impact has been profound.

After the thrilling stock market crash, Qin Di and Yan Xue were still in New York and never moved.

He hired a private lawyer named "Colin Dary", and with the help of this person, he registered three real estate investment companies in one go, each of which injected $10 million. The first one was called Manhattan property company "manhattan property group", which focused on purchasing and managing properties in Manhattan; the second one was called West Coast real estate company "west oast property group", which focused on investing in real estate in San Francisco and Los Angeles; the third one was called Southeast property company "southeast property group", which focused on investing in seaside villas in North Carolina, South Carolina and Florida.

In addition, he also registered two "art trading companies", each with a registered capital of 10 million US dollars, and the company's legal person is Yan Xue, who is specially used to collect art. Oil paintings in this year are very cheap, and a painting is auctioned for several hundred dollars, which is very expensive in later generations. In addition, there are some Chinese antiques that were stolen by the Eight-Nation Alliance and wandered to the United States, which are also worth buying and collecting.

In addition, he also registered a consulting company called "panda onsulting group", which invested $20 million, specifically to acquire small businesses that are about to go bankrupt in the United States, such as steel companies or machinery companies, and is preparing to move them to China. Although China is unstable and thankless in doing business, someone will always have to do this.

On December 10, Qin Di met more than 20 professional managers in a rented office.

His eyes are sharp and can see through people's hearts. He can see the other person's general character at a glance.

So in just over an hour, he picked out six managers, including five young men, three men and two women, and a fifty-year-old black man named "John".

He first summoned three young men, named "mihel wilson", "eli wright" and "jakie stowe". They were all white young men, graduated from an ordinary university, majoring in economics and management, and were about 30 years old, with four or five years of work experience.

These people are ordinary people, neither have extraordinary reputation nor rich experience, and they are all unemployed due to stock market crashes, and are worried about how to live tomorrow.

Most Americans do not save money, so once they lose their jobs, they will have big trouble and will be left on the streets within two or three months.

Three American young men looked at the Asians in front of them with eager eyes. In their eyes, Qin Di and Yan Xue were so handsome, elegant, peaceful, peaceful, neither humble nor arrogant, which was very different from the Asians they usually saw.

Qin Di introduced to them in fluent English: "I have registered three companies and want to hire you as managers. There is a contract here. Please take a look first. If you agree, you can sign the contract."

Yan Xue put three printed agreements in front of them.

The three of them lowered their heads and read in a hurry. The scene was quiet and silent.

The contract contains the name of the company, the number of registered capital, business scope and goals, the rights and responsibilities of the manager. The company will be audited by the accounting company twice a year. The initial annual salary of three people is 20,000 US dollars, and it will increase by 10% every year. The minimum working period is ten years, and the reward of 100,000 US dollars after full work. If you can continue to do it, you will be rewarded with 200,000 US dollars in 20 years! After 30 years, you will be rewarded with 300,000 US dollars in retirement benefits! There are some requirements in the contract. If the task cannot be completed, you can only leave the company if you cannot pass the annual audit.

The three of them were both surprised and happy when they saw it!

"Oh my God, is this true?"

"Now the economy is in a downturn, countless people are unemployed, and their annual salary is 20,000 US dollars. For us, it is a high salary!"

"This kind of job opportunity is simply a pie that fell from the sky! I worked so hard on Wall Street last year that I only got 9,000 US dollars..."

"It's very rare to increase your salary by 10% every year..."

Generally speaking, if you work in the United States for a long time, if you don’t change jobs, it would be better if you can increase your annual salary by 5%, while Qin Di’s treatment will increase by 10%!

"What's more, I have worked for ten years, twenty years, and thirty years, and there are so many rewards! This is an enviable and exciting job..."

"Yes, it's good to have a job these days. It's like a dream to sign a ten-year long appointment..."

So, the three of them hurriedly signed the agreement! Happy to accept the position of manager of the startup company. Although the company has nothing, that's nothing. As long as you have money, you can hire employees. Real estate transactions are not difficult.

Qin Di reminded them not to spend all their money at once, because the economic crisis has just begun. After a few years, the house will become very cheap. What we do is long-term business and don’t care about short-term ups and downs.

The three of them took the authorization letter and left happily.

Qin Di could not live in the United States, so he separated the funds and established three companies. If someone did not do well, he would notify the private lawyer, clear the person out, and then change to a new manager.
Chapter completed!