NIS Agents Tearing Up the Japanese Empire - Chapter 281



Only Noblemtl

NIS Agent Tears the Japanese Empire Episode 281

Time bomb (5)

There was a strange atmosphere flowing between me and the great lord Daegal.

An unknown current also began to flow through the stock exchanges of the United States.

This was because the stock price, which had been fluctuating and shaking dangerously for the past few days, was about to hit the ground.

“What the heck! F**k!”

“Did some big disaster break out somewhere?”

The bad news in the stock market started in the U.S. agricultural futures market.

As I’ve explained before, while other markets in the United States were screaming in joy at the economic boom, the agricultural market was screaming in fear.

As the economies of the European powers recovered after the Great War, demand for American agricultural products declined.

However, with the development of agricultural technology and the discovery of chemical fertilizers, supply increased explosively, and the U.S. agricultural market was constantly in deficit every year.

If it were a modern U.S. government, it would have actively intervened in the market, if only out of fear of the upcoming next election, but unfortunately, the U.S. government simply watched the situation unfold.

Because in this era, laissez-faire is the trend, which prioritizes letting the market make decisions freely over government intervention in the market.

So, even if a problem arose, the U.S. Treasury Secretary decided that it was better to let the market take its course rather than forcibly resolve it through government intervention, and simply watched the situation unfold.

As a result, the agricultural market in the United States was completely destroyed, and farmers, in order to protect the price of their products, were shedding tears and burying healthy fruits or healthy livestock alive during harvest season.

Although some losses occurred in the process, it was still possible to prevent a price crash due to excessive supply.

But this was only a stopgap measure and could not be a solution.

In the Florida area, the real estate market was also shaken by the aftermath of a bubble that had formed in an instant due to real estate speculation and then burst all at once, causing a huge collapse.

The problems that had been piling up in the agricultural market, which had been suppressed and suppressed repeatedly, combined with the real estate problems in Florida to produce fantastic results.

“Oh, the Dow Jones Industrial Average… … .”

“Why the Dow?!”

“1, 180… … .”

“What?! 180?”

“Oh, just now 176… … no, 17… … 1… … .?”

Almost all stock prices on the U.S. stock market, including the Dow Jones Industrial Average, began to plummet simultaneously.

It all started when investors who could not stand the accumulated losses and sense of crisis in the agricultural product futures market and investors who were tired of the dangers of the real estate market started to pull out all at once.

It took years for the hope of an upturn to spread to everyone, but it only took a few hours for the fear of losing everything to spread.

In particular, investors in New York, who experienced the previous storm, joined the bear market for fear of losing their wealth again, making the market even more chaotic.

“Uh, what should I do?”

“What are you going to do?! We’re selling it too!”

“Uh, how much do you think it will sell for?”

“Sell them all!”

So people all threw away all the stocks they had.

Everyone, whether they were corporations, securities firms, or individuals, joined the ranks, throwing the scraps of paper they held in their hands in fear.

In one day, 15 million shares were sold across the United States.

If only the New York Stock Exchange, realizing the gravity of the situation, had closed its brokerage offices just hours after the stock began trading, otherwise 20 million shares would have been sold off.

But these measures could not prevent the stock market crash.

Monday, December 24, 1928.

A nightmare before Christmas has struck America.

* * *

[11 New York Stock Exchange investors throw themselves into the Hudson River!]

[Crash! Crash again! The stock market keeps crashing.]

[God save the United States! The American economy continues to collapse.]

[Never-ending nightmare! Rope sales skyrocket with falling stock prices.]

The newspapers were full of terrible news every day.

As the stock market crashed, it was not uncommon to hear stories of investors losing all their money and throwing themselves into rivers or hanging themselves with ropes, feeling pessimistic about life.

Every day, countless people died, and Christmas, which should have been a happy day, was filled with fear and despair.

The children on the street played with their clear, white eyes and smiled happily, but the adults sighed as they looked at the world with cloudy eyes.

Obviously, it was a time when everyone should be at work, but the streets were crowded with people.

“They are all people who lost their jobs.”

“There are a lot.”

“Yes, there are many. There will be more in the future.”

“More? It seems like there’s plenty already.”

I saw this with my own eyes as I walked the streets of New York with this doctor.

“With the stock market crash causing a huge loss for investors, they will have no choice but to go to the banks to get their money.”

“Hey… … . Do you really think you would do that?”

In response to the doctor’s question, I snickered and pointed to a cleaner who was removing the body of a man who had just taken his own life on the other side of the street, and a policeman who was guarding it with a frown on his face.

“Nowadays, there are people who are losing money and taking their own lives one by one. Do you know what it means to take your own life in Christianity?”

“… … You are buying your own ticket to the train to hell.”

The doctor looked at the cold corpse of an unknown person with sympathy in his eyes, then turned to me and asked.

“Investors are rushing into banks all at once, so a bank run is likely to occur.”

“You know a lot.”

“So how big do you think it will be?”

“Well, I don’t know much about that. From there, it’s a matter of human desire and trust.”

If history were to go by, this should have happened a year later, when the entire United States was engulfed in a bubble.

But thanks to my manipulations, the US stock market ended up exploding a year earlier.

So, I don’t know how things will unfold in the future.

“A shepherd can lead an ox to water, but he cannot determine what the ox will do afterwards.”

“That’s true too.”

I looked at the people gathered in front of the bank and added a word.

“But we can guess how things will unfold in the future.”

“So how do you think things will go from now on?”

“The bank will fail.”

He looked at the people gathered in front of the bank again and spoke to Dr. Lee.

Then the doctor asked back.

“The bank is going to fail?”

“Yes, they will slowly perish, one by one.”

“Surely… the bank is going to fail?”

“So, Doctor, what do you think when you see all these people gathered there?”

The doctor briefly looked at the people gathered in front of the bank and arguing, then nodded in agreement with what I said.

“If the bank fails as you say, what happens next?”

“Now that the bank has failed, the companies that borrowed money from it to do business will also be shaken.”

“It’s shaking.”

“In fact, it is more likely to fail, because banks will try to quickly recover the bills and other financial assets they have issued in order to return the money to depositors.”

“hmm…….”

In this situation, the Japanese government actively intervened in the market to prevent bank runs, but can the U.S. government do the same?

“What do you think?”

“I can’t be sure of anything in this world because nothing is clearly established… … but this one thing seems certain.”

“What is certain? What is that?”

As soon as the bank doors opened, people poured into the bank and the American flag, which had been obscured by the crowd, flew high into the sky, fluttering in the wind.

He looked at the American flag, which was dirty and covered with footprints under people’s feet, and said a word.

“President Calvin Coolidge no longer seems to be a man of this era.”

“Um… … I agree.”

This will not ruin the United States.

It is a country with a strong foundation to begin with, and it has a lot of overseas assets scattered all over the world since the last great war.

But for the time being, we will not be able to raise our voice in the international community.

Because the moment the United States starts to withdraw its overseas assets.

The European economy, which was just recovering from the aftermath of the Great War and returning to a path of economic growth, will be devastated.

If that happens, the economic crisis that originated in the United States will now become a ‘Great Depression’ that will affect the entire world, and this fire will burn the entire world to the ground and even ignite the fuse of old gunpowder that has been rotting in a corner of a warehouse.

A new war is coming.

What should I do in this situation… … .

The answer was simple.

“I have completed my mission, so I must return to Joseon.”

At my words, the doctor opened his eyes wide and asked.

“You’re going back already?”

“Yes, I have nothing more to do if I stay here.”

“But I thought it would be there until next year… … .”

The doctor trailed off, as if he was secretly disappointed.

It seemed like they had developed some feelings for each other while bickering.

“If there is a meeting, there must be a parting, right? Don’t be too sad.”

“Who said they were sad? If you’re going to talk nonsense, just go back to Joseon.”

The doctor coughed and turned his head away.

I left my final greetings to the back of Dr. Lee’s head.

“Then I will see you next time in our liberated homeland.”

“A liberated homeland? Huh, how long will that take…?”

When the doctor turned around again.

There was no one there.

Dr. Lee, left alone in the deserted street, looked up at the sky with a dejected smile.

“Whether it’s when we first meet or when we part ways, everything is up to me.”

Although he said that, the doctor’s face was smiling without a single wrinkle.

“Our liberated homeland… … .”

The doctor looked up at the clear, bright sky contrasting with the dark, almost cold world and smiled.

“Okay, see you there again.”

The doctor returned to his home in Washington with a bittersweet expression on his face.

Because I had to meet new people in Washington, contact political figures, get a rough idea of ​​how the current situation would unfold, and even make predictions about who would win the upcoming US presidential election.

Dr. Lee, who represents… no, who thinks he represents Koreans in America, had a lot to do.

‘In the next presidential election, the Republican Party will have Herbert Hoover… … and the Democratic Party will have New York Governor Al Smith?’

The doctor pondered which side he should support in the next presidential election.

In the past, I would never have thought of forming a bond with them or making connections, but thanks to the help of this teacher from Gyeongseong, I have gained a certain level of fame in the United States and have also saved up a lot of money to be able to operate comfortably.

That is to say.

This means that Dr. Lee, who had to be mindful of what others thought while working here and there, can now work freely without worrying about what others think.

“I guess I should try publishing an editorial in a newspaper for the first time in a while.”

It was only later that this doctor would become known as an economic expert who predicted the Great Depression.