Because the population of the Chinese Empire has reached 600 million, and the quality of the people has generally improved, and the financial resources of the people have continued to develop, making internal consumption very prosperous.

As for electrical appliances, although the United States is more popular than the Chinese Empire in many aspects of electrical appliances, the Chinese Empire overwhelms the United States with its population, and the total internal electrical appliance sales volume is still higher than that of the United States.[]

What's more, the distribution of wealth of the Chinese Empire is the most fair among countries around the world. Although most of the wealth is seized by the East China Group, it is used on the people.

In any country, there are some groups that have become rich first and some groups that have not become rich, which has caused conflicts.

This contradiction is the driving force for the entire society to move forward. Groups that have not become rich also want to become rich, so they will work hard.

If the gap between the rich and the poor within a country is so large that it is too large to catch up, or if the poor are unable to see hope for wealth under cruel exploitation, it will cause severe social conflicts.

There are currently social contradictions in the Chinese Empire, but they are very minor and at a very appropriate level. The people who have not become rich can see hope by opening their eyes, so they work hard to achieve this hope.

However, there are also disadvantages. The balanced distribution method of wealth cannot last long because the people have good benefits. At the same time, when they reach a certain level of wealth, they feel that everyone is almost the same. It doesn’t matter whether they work or not, they can pass it.

The reason why the Chinese Empire was able to develop rapidly at this time was because the infrastructure was still weak and the people were generally not rich before.

The main way of expression is that there is no house, no car, no electrical appliances.

But when the wealthy group has a house, other groups also have a house, so they work hard. When the wealthy group takes the lead in having a car, other groups also have a car, so they work hard. When the wealthy group has a lot of electrical appliances, other groups also have a lot of electrical appliances, so they work hard.

You have it, I don't, that's the contradiction.

When houses, cars, and electrical appliances are all owned and widely, how can we create new contradictions?

Let the people buy planes generally?

This seems unrealistic. After all, not all citizens need planes. Just have cars. Why buy planes? There is no actual need for this.

At this time, the market was saturated because the people had no need and they already had most of the necessities in life.

Therefore, at this time, the wealth of the people must be deprived of war. When there is an enemy, this model can produce very powerful war potential.

Defeat the enemy and you will gain benefits.

When there are no enemies to fight, you can invest resources in the movement to transform nature. Although a certain amount of resources is wasted at this time, you can also benefit after transforming nature.

At this time, the overdraft consumption development model of the Chinese Empire can be maintained as long as there is support for domestic demand, but domestic demand cannot always flourish. Once there is no support for domestic demand, it will cause a large backlog of products, and economic collapse is inevitable at this time.

This is why later political institutions also imitated Americans to stimulate domestic demand all day long, but the effect was obviously not very good, after all, the national conditions were different in the United States.

The United States had a good economic development momentum in 1927, but it had already experienced product squeezing in some industries, but the scale was not large, which was not enough to shake the overall situation.

In the Chinese Empire, there was almost no product squeeze in 1927. The empire's domestic demand was very prosperous, and various industries were producing wildly.

Among them, the construction industry, automobile manufacturing industry and electrical manufacturing industry are the three pillar industries, and at the same time, it has driven the rapid development of industries such as the petroleum industry, metallurgy industry, glass manufacturing industry, and tanning industry.

However, in some industries, it is still similar to before stimulating the economy, because there is only so much domestic demand, and companies cannot produce wildly without much demand rising.

The Empire has introduced a set of policies for industries where product squeeze is that once this problem occurs in a certain industry, it will immediately impose mandatory restrictions on production on manufacturers in that industry.

This policy is mainly aimed at industries that cannot enhance the potential of war, and those industries that can enhance the potential of war, the empire does not restrict them. Even if it squeezes a large number of product empires, they will not care about it, waiting for the industry to go bankrupt in large quantities.

During this period, the Empire quickly improved the financial system. East China Group established a large number of banks to carry out mortgage loans, while East China Bank was hidden behind the scenes. Although it also carried out a large amount of storage business, it did not lend money to the outside world.

The final outcome of those sub-banks is to go bankrupt during the Great Depression, and they also take over the names of these banks when receiving assets.

As for the issue of depositors' money after bank collapse, the empire established a special insurance bank to pay depositors' money.

In fact, these actions are just packaging East China Bank so as not to point the finger at East China Bank when the economy is in a downturn.

If East China Bank collects debts during the Great Depression, its reputation will be greatly affected.

As a large number of banks who don’t know who opened to collect debts, the people will not be able to contact the East China Bank. Then they can control public opinion, so they can let the Americans take the blame.

After all, not everyone understands the economy. Most citizens do not understand the operation process of the bank. As long as the mainstream public opinion is controlled, even if someone who knows it and the people around him say it, the effect is not great.

But one day most of the people will know, just like the Americans who "occupies Wall Street" mass tours appeared in later generations.

In the 21st century, there are more than one million awakening groups around the world, and American international capitalists are no longer so easy to suppress the facts and truth.

In the first half of the 20th century, no matter which country the people were actually easy to fool, and few people knew about the operation process of banks. China had never experienced such a great depression before, so the people generally did not understand, and not one of the ten thousand people knew about it.

Xia Jun asked East China Bank to set up a large number of guaranteed sub-banks to lend, mainly to avoid causing trouble.

After all, he is the head of the empire and the independent owner of the East China Group. Once the people find that most of the wealth of the entire country has been taken away by the East China Bank, it will inevitably affect his points income.

Therefore, Xia Jun should avoid causing trouble.

If the economy is not done well, it will be criticized.

In 1928, the Chinese Empire's investigation into the US economy increased its efforts, and the total investment assets of the Chinese Empire in the United States had reached nearly one billion US dollars.

In 1928, senior officials of the Chinese Empire knew that the US economy would not last long, because in 1928, a large number of industries with commodity squeeze emerged in the United States.

The squeezing of goods cannot be sold, which means that the domestic demand in the United States is about to come to an end.

Once there is no support from domestic demand, the investment boom will not be able to support it, and the stock prices in the US stock market have reached a certain level and the bubble has become very large.

If the US economy collapses, the Chinese Empire's three billion US dollars of investment will depreciate rapidly, and it may have been worth one billion, but it will not be worth tens of millions after the Great Depression.

At the same time, the total investment assets of the Chinese Empire in overseas have been nearly 3.5 billion US dollars.

Once the US economy collapses, it will quickly affect most capitalist countries around the world.

The Chinese Empire's 3.5 billion overseas assets must be considered.

It is easy to sell these assets and get them back after the war. Many assets will inevitably be sealed during the war.

According to the original history, the US economy collapsed in October 1929. But now history has changed. Do you know if the collapse time will not be advanced.

Therefore, to be on the safe side, the Chinese Empire began to gradually sell overseas assets since early 1928.

At this time, the economies of the United States and Britain, France and Germany were in a good state, and the United States was the most prosperous.

The Chinese Empire took over these industries, and the value at this time was very high.

For example, the KFC opened in the United States in China became popular throughout the United States. It was the most profitable restaurant chain store in the United States during the prosperity period. East China Group will contract all the KFC chain chain stores in the United States, Britain, France, Germany and other countries, and the contract will last for thirty years.

In other words, I can still take back this brand in thirty years and buy these stores back.

Some of them are sold directly, such as mines and land.

The Chinese Association begins to operate. Chinese operators who make a living overseas also start to operate the industries they operate and return to China with money.

As a group of Chinese people took the lead in withdrawing funds and returning to China, other Chinese began to speculate whether the war was about to break out, and they also followed suit to withdraw funds and returned to China.

At this time, the US economy was booming, and these assets were easy to sell, and the prices were relatively high.

In order to cope with the upcoming Great Depression, the Chinese Empire included purely profitable industries in the order of sale, and planned to sell all overseas assets on the order in the first half of 1929 and withdraw funds back to China.

Chinese capital fled from various countries, and Britain, the United States, Japan and other countries attached great importance to it, and the political governments of several countries also speculated on the intentions of the Chinese Empire.

Escape from capital is usually an act done before starting a war.

Combined with the plan to establish a navy that can compete with Britain, the United States and Japan before 1930, which was set by the Chinese Empire, it does look like it is going to start a war.

The withdrawal of Chinese capital cannot be stopped by Britain, the United States and Japan.

After all, this is a normal business behavior, and the United States also has some capital in China.

As the first batch of Chinese people withdraw capital and return to China, Chinese people from all over the world also take over their overseas assets, withdraw funds, and then return to their hometowns.

The Chinese Empire is currently setting off an unprecedented investment boom, which is also a major reason why overseas Chinese simply withdraw capital and return to China.

Except for Australia, Chinese people from other regions set off to return home one after another.

The Chinese in Australia have taken root in Australia.
Chapter completed!