Bulgarian Empire
Chapter 12, Capital Feast
Ask for a ticket! ! ! The data is miserable.
By the way, I was hacked??, pulled straight to the bottom, one star! No one has yet claimed responsibility for it.
It makes me seem to have committed some heinous crime, so a convenient friend can help me rate it.
The rush to buy started, and Franz sent a rumor that prices were going to go up.
This is well-founded. Vienna has always been the most expensive in the Austro-Hungarian Empire. In the past six months, the price has been lower than that of other regions.
Everyone knows this is not normal, capitalists are not philanthropists, and this situation cannot continue.
The citizens of Vienna believed that the good days just passed half a year, and now they are about to end.
Naturally, there is going to be a mad rush. It is still dark, and there are long queues in front of the supermarkets in Vienna, and the rush to buy is coming.
Volvo, which has been prepared for a long time, has naturally transferred many commodities, such as the necessities of life that can be stored for a long time, naturally out of stock. Most of the preparations are some handicrafts, short-term consumption, such as bread, various snacks and the like.
It was quickly sold out by guns, and Volvo's service staff opened the warehouse. Everyone saw that there was no necessities of life, and it was naturally not the target of ordinary citizens to snap up.
Then they left and swam to other supermarkets. Soon many supermarkets were emptied. Looking at the empty shelves, many capitalists wanted to cry without tears.
You must know that most of the supermarket purchases are on credit, usually on a monthly basis, and it is normal to be in arrears for half a year and a year.
Now they are all selling at a loss, the more they sell, the more they lose, but the arrears are indispensable.
If you have the strength to continue to operate, then in order to retain customers, it is not a problem to delay for a period of time. If the losses are serious and you want to close the business, it is no wonder that they are going to fall.
Kurt Fei, who had just gotten out of the predicament, was hit in the head again. The hoarded goods were snapped up, an embarrassing situation emerged, and there was no stock to sell!
The Vienna retail industry has been hit hard, and many capitalists are facing a problem with cash flow.
The department store supermarkets sell more and lose more, and the payment for clearing the warehouse is not enough to pay the manufacturer's arrears.
Forced to be helpless, they borrowed one after another. Naturally, the banks in Vienna would not let this capital feast go.
Even worse, the small capitalists are facing the danger of being insolvent. Many people donated directly and ran away. Anyway, in that era, there was no ability to chase dirt across borders.
The production and manufacturing industry was also implicated, and many factories were affected by Chiyu and went bankrupt one after another.
And the capitalists who escaped the catastrophe are naturally unwilling to give up. Many people have a flash of inspiration, and they have created a lot of chaos in the clothing city, the restaurant city, and the machinery city. They plan to get a vote to make up for the loss.
I thought that anyway, the house is ready-made and can't be transferred out, so I just want to survive. With the popularity accumulated in the past, the pioneers naturally made money, and the sequelae is that all sales industries have suffered.
There was a huge wave of bankruptcy, a large number of capitalists went bankrupt, one involved another, the unemployed increased day by day, Vienna was in a depression, and the economic crisis came.
The financial tycoon who was just gloating at the misfortune may not be familiar with this kind of operation. When he came up to eat meat in large pieces, he choked on indigestion.
Holding a large amount of collateral in his hand, he was unable to realize the financial crisis in the face of financial crisis.
Then it spilled over to the stock market, which began to plummet due to a lack of funds in the market, evaporating countless wealth.
The financial crisis in Vienna soon spread to the entire Austro-Hungarian Empire. A large number of businesses went bankrupt, workers lost their jobs, and social unrest.
Bank deposits also began to flow away, and finally a small bank named Boston went bankrupt.
Due to the mishandling of the Austrian government,
A run on the run started, and more banks were implicated. Many people who had insufficient funds in the past have now followed in Boston's footsteps.
At this time, the Austro-Hungarian Empire, who had realized it later, finally knew that it was going to save the city. On December 8, Austro-Hungarian Finance Minister Murdoch-Holmann held a press conference to announce the launch of the Salvation Plan.
Ferdinand knew that the harvest season was coming, and the current economic development of the Austro-Hungarian Empire was still very good. As long as there was enough capital injection, this financial crisis would soon pass.
Taking advantage of the downturn in the stock market, Ferdinand gave full play to buying, buying and buying, and bought many valuable companies at the price of cabbage. He also invested in Skoda and became the second largest shareholder.
Of course, the current Skoda has no future generations. It really broke out in 1899 and reached its peak in 1937. The production of artillery jumped over the entire British Isles. Ferdinand just arranged it in advance.
The Cote Philips department store, which has long been a favorite of Ferdinand, cannot escape its grasp.
Cote Philips Department Store first suffered heavy losses in the retail sector. After the financial crisis broke out, the bank called for payment in advance, which gave him another fatal blow.
The 200,000 pound loan sent by the Hungarian capitalists has now become a reminder for Cotefei.
Since the reputation of the street, the goods purchased by the Cote Philips department store have been required to be paid in cash, occupying a large amount of funds.
Now that the bank called for the payment in advance, the capital chain was broken, and the Cote Philips department store was completely powerless. After persevering for a while, the Held family finally decided to give up.
After all, they are the fuse that caused this financial crisis, and most of them will put the dung pot on their heads, and it is not so easy to be a scapegoat.
Sell the company now, and everyone can share it. The key is that Ferdinand can give cash, and they can also use it to help other industries.
With 50,000 pounds in cash and assuming all the debts, Ferdinand easily merged Cote Fischer Department Store, a giant company valued at 800,000 pounds.
This kind of opportunity is only available during the financial crisis, when a large number of enterprises go bankrupt. Everyone is busy with mergers and reorganizations, so naturally no one will compete with Ferdinand.
Ten years of hard work is not as good as an outbreak.
This time, this sentence was well explained, and Ferdinand made a lot of money. The harvest this time alone is enough for the Kohari family to struggle for ten years.
The occurrence of the economic crisis was somewhat beyond Ferdinand's expectations, and the power of the butterfly effect was beyond his imagination.
As the butterfly effect ferments, the prophet's force will become smaller and smaller. Ferdinand was a little panicked, and he seemed to have to prepare a few more back ways.
The Austro-Hungarian Empire does not need to be considered. Although this is the base camp of the Kohari family, it is a pity that there is no future for development in the future.
The Allies don't have to think about it. Ferdinand is not confident that he can change the outcome of the world war by himself.
It seems that looking beyond Europe, it is also a good choice to go to the colony for development. After all, many places are now empty fields, and there are no competitors at all. I probably still remember a few famous mines in the world, and I can become a mining tycoon no matter how bad it is.
Time is running out, it seems that the London party is going to advance, Ferdinand said secretly.
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