Reincarnated as Nikolai II

Chapter 261: If You Want to Be Tall, Break Someone Else's Shins (3)



[On Thursday the 24th, amid continuing sideways movement of -2%, there was hope as a 0.08% increase continued before the market closed, but it seems buyers' thoughts diverged over the weekend. As soon as the market opened on Monday, buy and sell volumes began piling up endlessly on both sides. It has been confirmed that individuals and small investment firms mainly placed sell orders, while large institutions and banks placed buy orders.]

[Sell orders did not decrease on Tuesday either. It appears that large banks are no longer executing orders and have entered a wait-and-see stance. From 7:45 AM, from the moment the first price of the day appeared on the board, the numbers have been falling endlessly.]

[With this, 35 billion dollars in market capitalization has evaporated before the week has even ended. As if Wednesday's rebound was just a dream, the downward trend is expected to continue. The current stock price is around -30% compared to the market's peak.]

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If he normally would have left home at 7 o'clock to show he was working hard, now he leisurely leaves around 8, when the streets are bustling with people.

From hat to shoes, the color is a clean black. When the image of a serious and weighty gentleman sufficiently emanates, the fashion is successful.

It feels like the first day after his appointment as Prime Minister is coming back to him.

'No, that day only the commute was good. Then, it wouldn't be wrong to say my term is only just beginning now?'

While he used to move urgently with quick steps, lately Stolypin walked somewhat slower. That is, slow enough to fully feel the changed gazes of people around him.

Then the secretaries beside him begin to list the information they gathered in just one day.

"Already from mid-1929, steel, automobiles, housing and land, even agricultural products. The American consumer market was clearly contracting."

"What about other Western countries?"

"There's no impact yet. However, whether long or short, it seems clear this panic will affect other countries. This is because trade volume has increased and trade has become more complex due to the influence of globalization."

"Good, keep watching."

Though investors or capitalists would have held their heads hearing this content, Stolypin was unwavering.

Of course, in his heart.

'Fall, fall more! I mean just tumble and collapse!'

He was not just rejoicing but cheering.

But he doesn't show it at all.

Rejoicing in others' sorrow is behavior of vile characters, so he just needs to maintain his gravitas.

Because now, even if he doesn't open his mouth and just stands firmly.

"Prime Minister! You've certainly heard the news from the United States, but have you also heard the news from Italy and France? Agricultural production in France and Italy has reached an all-time high! Additionally, Australia is increasing production with fertilizer to directly supply food to England!"

"Minister S. Timashev, calm down. Did we not know they would become self-sufficient? It's been a good run selling to them for 10 years."

"After cutting all farm subsidies for three years straight... Did you already know? Could that be why you blocked Peasant Land Bank loans too?"

"Haha, how could I know everything? I was merely cautious about the harms of excessive loans and reckless policies."

"Ah. You had it all in mind. That's a relief."

Because people around will praise him until their mouths go dry and send admiring glances on their own.

It didn't even take a month.

For all his reputation to be overturned like the palm of a hand and his achievements to be reexamined.

The autumn wheat harvest was over.

The collapse of agricultural prices was already expected, and American farm income was cut to a quarter compared to 1919.

France and Italy, once suffering from food shortages, were cut in half.

'Meanwhile, investment scale increased ridiculously, so all that's left is for them to go bankrupt.'

The banks that gave those loans?

They won't survive either. They can just go bankrupt along with the farms.

They say misfortunes come in pairs.

Coincidentally in 1929, this year. Food production for all countries in the world reached a historical peak.

The concept of 'personal credit loans' spread widely even among workers in the Western world, and those individuals pulled their futures forward to invest in the present.

I hear about 16% of the US population invested in stocks. That means almost everyone living in big cities did.

In October, I'm not sure which time it was, but the Briand administration in France, which needed to respond to market conditions, collapsed due to division, and the Labor Party and Prime Minister MacDonald, who came to power in June, are still struggling today to increase unemployment benefits by 20% due to protesters' demands.

And the small and precious US Federal Government.

"Stock prices have crashed three times, which is estimated to have lost 12 times the US federal government budget. Government intervention in the stock market... is virtually impossible."

"This is right. America is going the right way."

"Pardon?"

"Nothing."

Far from market intervention, they're only stirring up Secretary of the Interior Albert B. Fall's massive bribery and the Teapot Dome scandal.

'They still can't grasp what's important. Those few pennies they ate aren't what matters.'

Those folks are making a fuss calling it the largest and worst scandal in United States history, spanning the military, civilians, the cabinet, and even the opposition, but nevertheless.

Tax evasion, bribery, embezzlement, stock manipulation, bid rigging, illicit profits amounting to 600 million dollars.

Each word listed alone sounds tremendous, but rather, this tremendous event has blinded the US federal government's vision.

'Perhaps they're deliberately trying not to take off their blindfold. Since they don't have any good solutions right now anyway.'

Whatever their inner thoughts may be.

What's important is his homeland. The Russian Empire.

Stolypin's dignified steps led all the way to the front door of the Tsar's study.

It was open, so he just announced himself and entered, and it seemed the Tsar was already waiting for him.

"How does it feel to have everyone acknowledge that you fought the world and won?" Find your next read on My Virtual Library Empire

"...I'm thrilled to the point where my hands and feet can't stop trembling."

When the US stock market rebounded several times in the middle, he even doubted His Majesty the Tsar again.

But now that it's getting colder, and their expressions are confirmed to be paler.

"Ha, haha..."

"Laugh as much as you want. You've earned it."

"No, not yet. I hear that since yesterday, a gold redemption and dollar beating situation has occurred in America."


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