Chapter 649 Madness Before Collapse
Although it is inevitable to avoid stains such as London's smog, from an absolutely fair and just perspective, the current British Empire is still the most powerful country in the world, and it is also the most advanced, developed and prosperous country.
Many cities in later generations did not have a popular subway. London had already built it more than 100 years ago, and even now many London citizens have enjoyed the convenient transportation method of the subway.
Because Australasia also has plans to build a subway, William also went to the subway station in London to experience the earliest subway construction in human history, the metropolitan subway line.
The development of human science and technology is accompanied by various accidents. Only by solving these problems can it evolve into a technology that looks very safe and advanced in later generations.
The subway was not so safe at the beginning. Because of the use of steam power, there was a lot of dust and steam on the subway line, and the air quality was not very good, which was easy to breed bacteria.
It was not until the popularization of electrification that electric braking was more than steam braking, which improved the environment of the subway line and made the subway more civilized and safe.
Although it is called a subway, most of the metropolitan railway is still on land. Only some areas in the center of London are underground. After all, the land in London is very expensive, and there is not much space to build subway roads and subway stations.
In all, the British have decades of experience in subways, and this is exactly what Australasia needs to learn.
The populations of Sydney and Melbourne have exceeded 3 million and 2 million respectively. In order to improve the traffic in these two cities, it is also necessary to build subways.
Of course, there will also be a subway construction plan in the capital, Fort St. Arthur, to enhance the population circulation and economic flow within the city.
Underground subway stations also have another purpose, that is, to serve as air-raid shelters in war, so that more citizens can avoid being bombed by the enemy air force.
However, in Australasia, such a situation should not be encountered. The closest powers to Australasia should be island countries, and the closest distance between the two countries is nearly 3,000 kilometers. The current range of aircraft cannot be so far.
Aircraft carriers are even less considered. Under the protection of the Philippines, Kalimantan Island and the entire defense chain, hostile warships cannot approach the mainland of Australasia.
When the improved radar is deployed on all coastlines, it will be even more impossible for enemy warships to approach the coast.
This is the confidence that technological leadership brings to Arthur, and it is also the security that Australasia's geographical environment brings to Australasia.
In addition to the subway, the British Empire has many technologies that are far ahead of the world.
It has to be admitted that although countries are accusing Britain of colonial invasions of other countries, the advanced technology of the British Empire is indeed the most powerful in the world.
Although there are also a large number of latecomers competing with Britain, Britain, which has not been weakened by war, can definitely stand at the top of technology.
It is precisely because of the great progress in industry and technology brought about by the Industrial Revolution that the British Empire has invaded almost more than 90% of the countries in the world in later generations, and has established colonies in these countries one after another.
There are still many countries in the Commonwealth of Nations in later generations, which is always telling the glory of the British Empire's colonial era hundreds of years ago.
Many people hate the British Empire, which is crazy about foreign colonization, but there are countless countries that envy the British Empire and wish to replace it and become the top of that colonial system.
Because of the strength of the British Empire, the Saxe-Coburg-Gotha family also successfully took over the title of the world's first family from the Habsburg family.
The glorious history of the Habsburg family is only history, and the glory of the Gotha family is now.
Including the British royal family that has been renamed Windsor, the Saxe-Coburg-Gotha family rules four kingdoms, including two great powers and two second-rate European countries. (Britain, Australia, Belgium and Bulgaria)
Coupled with many duke titles and marriages with other families, the Saxe-Coburg-Gotha family has become the legitimate first family in Europe and has considerable prestige among many European royal families.
Because of these titles, the economy of the British Empire is becoming more and more prosperous, and the data is becoming more and more exaggerated.
What William did not expect was that his marketing strategy was quickly learned by other real estate companies, and it was easy to start a new round of real estate boom in London.
The biggest result of this round of real estate boom is that the market value of all real estate companies has doubled several times.
Even William, who wanted to exit early, had to smile and accept the fact that his company's market value had exceeded 5 million pounds.
However, this did not dispel William's plan to sell the real estate company, and even made William speed up the sale.
Although the crazy rise in the value of stocks is a good thing, the proportion of this rise is too abnormal, and it can only be described as crazy.
Somewhat similar to this situation is the previous rubber crisis. Before the outbreak of the rubber crisis, as long as it was a rubber company, once it was listed, the stock price would double several times or even dozens of times, basically making money out of nothing.
Although the current real estate industry is not so exaggerated, it is definitely not good news that the market value can double several times in one day.
The news of the Australasian royal consortium selling assets could not be hidden from everyone, which also affected some foreign consortiums, causing them to join the ranks of selling assets.
However, a considerable number of people are still waiting and watching. After all, the strength of the British Empire is now visible to the naked eye, and the prosperity of London cannot be affected by other things.
Especially the civilian class, they have not received any news, and naturally will not reduce their enthusiasm for entering the stock market.
Under the influence of various forces, the economic news in London and even the entire British Empire is reporting good news, and the financial statements of major companies are also full of big profits, stock prices have doubled, and market value has increased by tens of thousands of pounds.
In the professional terminology of stocks, this is a bull market that has lasted for a long time, and it has also rapidly promoted the economic development of London and even the entire UK.
On April 9, 1926, the funds entering the London stock market broke a new record, reaching a terrifying 19.24 million pounds.
What is this concept? 19.24 million pounds is equivalent to 141 tons of gold, which is just the amount of funds entering the London stock market in one day.
It was the large amount of funds that continued to flow into the London stock market that made it easy for William to sell his real estate company and sold it at a high price of 4.82 million pounds.
Adding the more than 500,000 Australian dollars he had saved, William's net worth has officially exceeded 10 million Australian dollars, and he is definitely ranked among the top in the world.
Even more exaggerated is the sale of the assets of the royal consortium. Although the assets invested by the royal consortium in London (excluding the Benz car factory) add up to only about 15 million pounds, the hot stock market in recent days has generally doubled or tripled the value of these assets.
Although the sale has not been completed, more than 20 million pounds of funds have been earned so far, and it is expected that at least 10 million to 15 million pounds will be earned, which is definitely a big profit.
This is far from the end. After the Great Depression, most powers will usher in an economic downturn.
Most companies in these countries will be in the period of the lowest stock prices. A company with a market value of millions of pounds may cost less than 100,000 pounds to buy at the bottom after the Great Depression.
The tens of millions of pounds from the sale of the industry can at least buy companies with a current market value of hundreds of millions of pounds when they return to the British stock market to buy at the bottom in the future. This is also another good opportunity to make a lot of money.
William naturally understands this truth. He will not invest in any company in the British stock market for the time being. Everything will have to wait until the crisis mentioned by Arthur breaks out.
Of course, even if the crisis does not break out, William will not be impatient. Tens of millions of Australian dollars are enough for him to invest in many industries in Australasia. As long as this money is used safely, it will only make money, and the probability of problems is not high.
After all, William has the background and funds, and is considered one of the largest capitals in Australasia.
With the blessing of Arthur's huge reputation, the companies invested by William are destined to receive a lot of support from the government, and it is even more difficult to lose money than to make a profit.
In order to prevent the British from doubting and to minimize the losses of Britain in the Great Depression, William also explained to the British royal family when he withdrew his investment.
However, William did not confirm the occurrence of the economic crisis. He only used ambiguous words to express doubts about the crazy rise of the British stock market and explained that Australasia's behavior was just a conservative risk aversion.
The British royal family is not without smart people. It is impossible for them to fight against the London stock market and not care about their own interests just because they are the British royal family.
In fact, a considerable part of the British royal family's industries are also withdrawing from the London stock market, but the withdrawal is slower and as low-key as possible.
This is actually normal. The data of the British stock market is problematic at a glance, but the civilians have no channels to obtain the real data.
For the British royal family, they are still clear whether there is a problem with the stock market, but they are not clear about the size of the problem and the severity of the harm it brings to the UK.
Although the funds entering the London stock market are constantly increasing, the funds flowing out of the London stock market are also constantly increasing.
After this wave of real estate boom, whether the funds entering the stock market can exceed the funds flowing out of the stock market is a problem. The journey when the two are close to crossing and finally reversed is also the time when Australasia expects the London stock market to collapse.
But in theory, the British royal family and government will definitely have certain relief measures for the stock market, and will not let the stock market crash or let the stock market crash too seriously.
No one can predict the development of things. It is possible that the economic crisis will happen immediately, or it is possible that the economic crisis will not happen.
But in any case, the current British stock market does have problems, and the withdrawal of capital from Australasia can also be explained.
Arthur is even looking forward to the plan of buying the bottom of the world after the outbreak of the economic crisis. There are many companies in the UK and the United States now. These companies will undoubtedly be the world's top 500 companies in the future. They only need to pay a little price during the Great Depression. Arthur will not miss such a chance to make a lot of money.
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