Chapter 359 Corrupted Economic System

New York, Wall Street's reputation is known all over the world.

But few people know that when you come out from the southern end of Wall Street and turn right, you will find another world.

Few people come in and out here, and it is also the habitat of Chinese in New York.

In 1900, there were only 6,000 Chinese here.

But by 1932, there were more than 20,000 Chinese here.

The streets are flat dirt roads, and most of the houses are of concrete structure, with three, four, and five floors.

New York is the earliest group of Chinese immigrants, who arrived here in 1848.

Around Chinatown, there are Jewish neighborhoods, Puerto Rican (Indian) neighborhoods, and Italian immigrant neighborhoods.

Because I came early, coupled with the rapid development of New York, here are all people from eastern Guangdong and Hong Kong, with flexible minds, so life is good.

This place is like an independent kingdom. Many people have lived half their lives in this small world by virtue of their dialects.

Each neighborhood of a minority is an independent kingdom that does not interfere with each other, and each has a strong folk custom.

Not being in America, it's really hard to understand the complexity of it.

Just like Yanyan, the auto parts factory where she is working is full of Israeli immigrants, and they only speak ancient Yiddish.

Thanks to this experience, she learned everyday communication in this ancient language.

She also learned Cantonese and Hakka like the female workers who wash dishes in the restaurant.

From time to time, there will be new immigrants from all over the country, walking into these longing places.

My mind is full of dreams of living in a foreign house, driving a foreign car, and marrying a foreign woman.

Chinatown is no exception. A group of new immigrants arrive here in February.

"Young man, looking for a job!" They just walked in and met the boss who wanted to hire someone.

Especially the half-children who are strong and strong, the most people are questioned.

"How much labor?" Zhao Asi was also one of them. Seeing the enthusiasm of his compatriots, he felt that the dream in his heart was closer to reality.

"It's all my own, I won't treat you badly, over there!" Zhao Ahsi was dragged away by the enthusiastic boss in such a daze.

Work 13 hours a day for 10 cents a day.

Take care of food and housing, the most indispensable thing in restaurants is leftovers.

The accommodation is in a 5-square-meter room, with three layers of wooden boards set up with bed boards and iron rods, and each layer sleeps 3 to 4 people.

If you do something wrong, you will have to deduct money, such as breaking things, messing up dishes and offending customers.

Hearing the boss finished speaking, Zhao Ahsi was very happy. The monthly salary of 8 yuan, in his hometown, he would never be able to earn in his entire life!

Zhao Ahsi only felt that his whole body was full of energy, so he went directly to help the kitchen that day, washing dishes, boiling water, washing vegetables, delivering meals, and working harder and harder.

At the end of the month, he also successfully received his salary, went back to the house with the money, counted it over and over again, but couldn't bear to let it go.

"Aren't you very happy?" A lazy laugh came from the upper bunk: "Idiot."

"What did you say?" Zhao Ahsi sat up and said with a dark face.

"I said you're an idiot!" The voice from the upper bunk raised his voice, "Get out of here, $3 can save you a week at most, and you think you've made a lot of money, ha——"

Zhao Asi's cognition was impacted. For him who was illiterate, if he had one dollar, he was a rich man. How could 8 dollars be less? "

...

...

Before Gulfstream One returned from China, Li Zitao and his fiancée chose to take a cruise to Honolulu.

"Oh my god, this is really bad." When she learned from her fiance that the salary of Chinese workers was only $3, Adelaide was surprised from ear to ear.

But this is not illegal. In this era when there is no minimum wage and maximum working hours, all contracts must be signed by both parties.

However, in each of the 'independent kingdoms', the trade unions that were supposed to protect the workers were in the hands of the management, which is ironic.

"Yes!" Li Zitao didn't know how he felt when he said this sentence.

In A.O Smith, a piggy with no status can get a salary of $8. This was only 3 years ago.

Now ordinary workers in A.O Smith Field can earn $26 a month as long as they work hard.

According to the think tank's understanding, salaries in Chinatown have always been at the bottom.

Three years ago, the monthly salary of Jin Jiang Hotel was 1 US dollar and 40 cents. In the end, the employees collectively protested and fought for a salary of 3 US dollars.

They haven't moved since then, and those who stay know that no one will hire them when they go out.

Unless you dig for gold and build railways.

But both of these are jobs that kill people. It’s hard to say whether to dig gold or not, and no one knows whether it will be brought out after digging.

On the railway, Chinese laborers will be sent to the most difficult sections to repair. I don’t know how many Chinese laborers’ corpses have been buried under the Western Central Railway.

If it wasn't for the think tank's special investigation into the flow of donations, Li Zitao really didn't know about this situation.

Of course, in 1932, having a job was not bad.

According to journalists, as of the year 1932, 34 million adult men in the United States were out of work.

This does not include the 11 million farmers and cowboys in the countryside, who can only live on various reliefs.

All stock prices on the stock market fell to waste paper, and even Morgan and Rockefeller felt the cold of winter.

Only 201 motorcycles produced by UUS were sold in 14 months.

Before the Great Depression, its sales were 600 a year.

The same shock is spreading to the car manufacturing and aviation sectors, and the latest briefing from the think tank is bleak and dark.

The BMW 309 series has only sold 116 units in the nine months since its release.

American Aerospace, which merged with United Airlines, saw another 8 percent decline in passenger traffic.

Since the beginning of the Great Depression, the total decline so far has been 42%.

From the beginning of the year to the present, Franklin, Codd, and Durant, three automakers that were once on the same scale as Cadillac, filed for bankruptcy.

More than 5,000 banks across the country went bankrupt and liquidated, and nearly 70,000 people from all walks of life closed their doors.

Relying on the Hoover Dam and the transportation of desert towns, Ace, whose profits have been rising, was slapped back to the original place again, and consistently maintained a loss.

"Hoover rang the bell, Wall Street sent the signal, and the United States rushed to hell—" Adelaide pressed her hands on her chest, feeling oppressed that it was hard to breathe.

At the beginning, she chose to maintain market freedom when she waited and watched, which she can understand.

But now the national economy of the United States can be described as rotten. If this continues, even the roots will be damaged. How come Washington has not acted yet?

"Perhaps our Mr. President is thinking about how to survive the next few months and hand over the mess to his successor."

Campaign speeches have already started everywhere, and think tanks have sent a 23-member think tank.

Led by Mahathir, who is good at legal affairs, and Matton, who is good at financial economy, they assisted Roosevelt in formally joining the presidential election.