Dear friends, we have robbed the gold of the Japanese devils and the banknotes of the American devils. Now we are about to start a new journey. Why is our demolition workers invincible? We will prove to everyone now.

Why are you hesitating? Send all the money in your hand to this book. Let us violently demolish America together and enjoy it together...

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With the collapse of the New York securities market and stock prices plummeted, the largest stock market crash in history broke out in the US stock market.

The Dow Jones Index fell 40% from September 3 to December 20, and by the end of the year-end index in 1932, the market value loss exceeded 70%. It has been more than 20 years since the stock index's high point in 1929.

This stock market crash completely hit investors' confidence, and it was not until 1954 that the US stock market returned to its 1929 level.

The chain effect brought about by the US stock market crash soon emerged, with investors running wildly, banks that could not recover funds and loans went bankrupt one after another, and factories closed down, workers were unemployed, poverty came, and organized social crimes came one after another.

In the four years from 1929 to 1933, more than 5,000 banks in the United States went bankrupt, at least 130,000 companies went bankrupt, and the reduction in heavy industrial production was particularly serious. The recession in steel, automobile and construction industries, which were the symbol of the US economic prosperity in the 1920s, was even more obvious.

During the crisis, on the one hand, overproduction and consumption tightened, resulting in a backlog of goods. On the other hand, ordinary Americans lack food and clothing and live increasingly poor. For the price of agricultural products, agricultural capitalists and large farmers destroyed "surplus" products in large quantities, used wheat and corn instead of coal as fuel, and poured milk into the rivers and seas, turning the river into a "galaxy".

Due to people's general lack of confidence in the future, social morality has further declined, and theft, fights and murder cases have emerged one after another.

From 1929 to 1933, the US GDP dropped from US$203.6 billion to US$141.5 billion, a decrease of 30%. The banking system was the first to be hit, with bankruptcies as high as 10,500, accounting for 49% of all banks. The unemployment rate (excluding semi-unemployed) reached 25%. It was not until 1941 after the outbreak of World War II that the US GDP exceeded that in 1929 before the crisis.

Taking advantage of the outbreak of the US economic crisis, Zhang Meng, who had just robbed nearly $6.8 billion from the US stock market, immediately launched his next move.

At this time, the comprehensive planning work of Chang'an, Yanjing, Jinling and Daxing, the three archipelagos of the Tang Empire, was completed, especially the first phase of Yanjing's construction project, waiting for a large number of cheap steel, cement, wood and other construction materials to complete the second and third phases of the construction project.

At the beginning, Zhang Meng did not import these construction materials on a large scale, just waiting for the price to fall after the full outbreak of the US economic crisis, which would save a lot of money.

For Zhang Meng, even if he is poor and only has money left, he will not spend money randomly. He still needs to save the places he should save.

Besides, this time I didn’t save a little. During the US economic crisis, Zhang Meng could almost buy all the supplies he needed at a bargain price, and even a lot of them didn’t need to spend money. He just needed to pay the seller some shipping money.

Of course, sellers will not easily "submission". Most sellers have to fight Zhang Meng, but in the face of Zhang Meng's capable methods of using both soft and hard methods with both soft and hard methods with Zhang Meng's left-hand lollipop and right-hand submachine gun, they either choose to surrender or completely disappear from the earth.

Before the stock market crash in the United States, the hottest stock prices were naturally the steel, automobile and real estate construction industries. Because these three types of stocks were the hottest, after the stock market crash, the losses of these three industries were the heaviest.

For the Tang Empire, which was in a state of chaos, American steel, construction companies and their products were urgently needed supplies, and Zhang Meng's subordinates started with these two industries in the United States.

For Zhang Meng, he was not interested in small fish and shrimp companies in these two industries. He not only needed to obtain enough cheap products to meet the infrastructure construction of the Tang Empire, but also wanted to consider the future industrialization of the Tang Empire. Therefore, he chose large enterprises, because these large enterprises not only had huge excess products, but also had talent reserves that met the necessary talent for the Tang Empire in order to develop and reform, as well as a complete set of equipment related to production and scientific research.

The first large American company to suffer is Boliheng Steel, the second largest steel giant in the United States in the 1920s and 1930s. As the US Steel Company, the largest steel company behind the United States, Boliheng Steel Company is a huge trust company that produces 14 million tons of iron, 8 million tons of steel ingots, and 1 million tons of military-grade steel ingots, including the steel production industry and the steel consumption industry.

The company's steel production subsidiaries include Quidian Factory, Burns Harbor Rolling Factory, Boliheng Steel Factory, Stileton Factory, Bethlehem Building Profile Factory, Pennsylvania Steel Technology R&D Center, as well as Pennsylvania Iron and Mining Factory, Coal Factory, etc. The steel consumption departments include Delis Shipyard, Boliheng Construction Machinery Factory, Boliheng Thread, Hot Coil, Medium and Thick Plate Factory, etc.

As the second largest steel company in the United States, Ziwabo, chairman of Boliheng Steel, is a genius in steel. He worked for the largest steel company in the United States at the age of 15. He followed Carnegie until after the company was acquired by Morgan, he set up Boliheng Steel and developed into the second largest steel company in the United States in ten years.

This huge achievement is inseparable from the Carnegie Research and Technology Center built by Ziwab when she was general manager during the Carnegie era. This company that monopolizes 80% of the steel share in the United States and relies on the technology of the Carnegie Research and Technology Center to achieve success. However, after Morgan acquired Carnegie Steel, Ziwab took away most of the elite researchers of the Carnegie Research and Technology Center, which created the miracle that Boliheng Steel became the second largest steel company in the United States in ten years.

However, no matter how powerful Ziwabo is, he would not have expected that Wall Street would collapse overnight and irreversible. Before this, Boliheng Steel's stock was one of the hottest stocks. As a new steel company, Boliheng Company started when the US stock market entered a bull market. Ziwabo seized the opportunity of listing and expansion and began to issue stocks to raise funds. Many investors are optimistic that Boliheng surpassed American Steel, so Boliheng's stock has been in a state of soaring, which helped Ziwabo raise hundreds of millions of dollars in huge funds to continuously expand the scale of Boliheng Steel.

It can be said that the ten-year surge in the US bull market was the ten-year period when Boliheng started its business and became the second largest steel company in the United States.

But Ziwabo never expected the collapse of the US stock market. All his funds were thrown into the acquisition of Dilis Shipyard, Boliheng Engineering Machinery Factory, Boliheng threads, hot coils, medium and thick plate factories, etc., because he felt that selling primary steel products was not as profitable as industrial finished products. This principle was correct, but unfortunately Ziwabo did not see the right time. He had just completed the full acquisition of these companies, and the Wall Street stock market crash began. overnight, the market value of Boliheng Steel evaporated by US$1.1 billion.

Ziwabo thought the stock market would improve soon, so he borrowed $200 million from Pennsylvania Commercial Bank and he and his board members raised $500 million in total $700 million to acquire the stock. As a result, the stock kept falling, and in less than a month the $700 million was wasted.

Now Qiwa is in trouble and the board of directors is in a rage. Shareholders sell their stocks one after another, exacerbating the plunge rate of Boliheng Steel's stock.

Ziwabo’s loan of $200 million from Pennsylvania Bank was just a short-term loan of one month. The interest rate was very high, and Ziwabo was unable to repay it at all, and the company immediately fell into a crisis.

After careful study, Zhang Meng found that the US Steel Company and his boss Morgan consortium were too strong. Seizing the US Steel Company would make Zhang Meng and Morgan lose both sides. Therefore, Zhang Meng gave up the plan to seize the US Steel Company and instead targeted Boliheng Steel Company because his boss, Qi Wabo, was a civilian, and had no background, and was easy to deal with.

Zhang Meng knew that with Qi Wabo's strength, he would soon be a hero who cut off his arm and immediately got out of the predicament. Therefore, Zhang Meng would not give him time to get out of the predicament, so he immediately took thunderous action.

The board of directors of Boliheng Steel Company has eleven major shareholders. Zhang Meng sent someone to conduct a transaction with the local American gangsters and spent money to force these shareholders to sign an agreement to transfer the shares they had to Zhang Meng's borrowing account.

Soon, due to the cruel methods of the local gang, most shareholders transferred their shares to Zhang Meng at a very low price, just like bargaining. However, there were still several tough shareholders, including Qi Wabo, who refused to transfer without fear of the threat of the gang.

Although Zhang Meng holds 41.5% of the shares of Boliheng Steel Company, the largest shareholder, Qi Wabo and several of his best friends still occupy the other 52% of the shares and have an absolute say in the company's affairs.

Zhang Meng knew that even if he found another 6.5% of the shareholders, he would not be able to reach the minimum 51% of the board of directors' decision, so he could only deal with Qi Wabo in a different way.

As the loan repayment period reached, Pennsylvania Commercial Bank refused to lend another loan to Chiwabo for insurance and asked Boliheng Steel to immediately repay the $200 million in commercial loan, otherwise judicial procedures would be initiated to freeze Boliheng Steel's account and fixed assets for compensation.

Ziwabo was forced to find another bank to borrow money, but the United States is currently experiencing the biggest stock market crash. Thousands of banks went bankrupt overnight, and the remaining bankers were eager to recover funds. Ziwabo's loan amount was too high, so they did not lend money to Ziwabo at all.

Zhang Meng immediately asked Madoff, an employee of a shadow bank called Kengni Investment Bank, to contact Ziwabo and promised him to lend $250 million to Boliheng Steel at the best interest, but asked Ziwabo to use his 39% stake as collateral.

This Madoff was the biggest liar in the United States in this era. He believed in Ponzi fraud methods, and it was even better than that.

However, he was not lucky. He accidentally saw Zhang Meng arrive in New York on a private plane. He thought he was a silly and rich Eastern rich man. So he took the initiative to contact Zhang Meng, but he was seen through it at first sight. The tens of millions of dollars he had worked hard to earn were all returned to Zhang Meng overnight. When Zhang Meng was about to dig his tongue and chop his hands and feet, he immediately surrendered and begged for mercy and asked Zhang Meng to let him go.

Zhang Meng was planning to set up a shadow bank at that time, and was missing someone like Madoff who was good at speaking and looking forward to the public for a long time, so he gave him a chance.

Madoff is indeed very talented in fraud. He manages dozens of shadow banks in an orderly manner, and even professionals find it difficult to distinguish between true and false, becoming Zhang Meng's right-hand assistant in making money in the US stock market.

Madoff also learned about Zhang Meng's strong strength, and immediately lamented that he was a liar who met the liar's ancestor, so he gave up the 10 million US dollars reward Zhang Meng gave him and was willing to work with Zhang Meng.

Zhang Meng didn't care what kind of person Madoff was. Knowing people and using them well was Zhang Meng's creed, so he took him in, allowing him to continue to manage dozens of shadow banks for Zhang Meng in the United States.

Madoff used these shadow banks to fight around the world. With Zhang Meng's support behind his back, he was selling his scams all over the world. Once exposed, Zhang Meng immediately used the Tang Empire Bank to inject funds into the shadow bank, blocking the depositors' mouths and settled the investigations of the police and the court. If it was not exposed, he would absorb the huge amount of money from the locals and pat his butt and leave, and the huge amount would go directly into Zhang Meng's pocket.

Of course, dividends to Madoff are indispensable.

In order to deal with Zivabo, Zhang Meng ordered Madoff to return from Frankfurt on a special plane.

With Madoff's acting skills that made the dead live, Ziwabo quickly believed him.

Of course, it was mainly time to get the 39% stake in his hands. Chiwabo was anxious and had no time to think about it, so he agreed to take out the 39% stake in his hands to mortgage the loan.

In this way, Zhang Meng finally held more than 51% of the shares of Boliheng Steel Company and had the highest decision-making power of the board of directors.

When Ziwabo returned to the board of directors with a $250 million check issued by Kengni Bank, he found out that he had been removed from the board of directors and the new CEO was a man named Snooker.

Only then did Qi Wabo realize that he had been fooled. He hurried back to find Kengni Investment Bank, intending to return the check to get his shares, but found that Kengni Investment Bank had already lost the building.
Chapter completed!