The Rise of the Third Reich - #1260 - Chapter 1260 Finale Part 3
As a result of the narrow market, American companies that are accustomed to making a lot of money suddenly feel that they are strapped for cash. The abolition of the National Labor Relations Act has allowed large American companies that are strapped for cash to reduce costs by significantly reducing the income of American workers.
The methods adopted by large companies to lower wages and reduce costs are naturally effective at the micro level – whoever does not do this will definitely be the first to collapse in the increasingly fierce competition! However, at the macro level, the already small U.S. market has become even more shrinking.
After all, the American working class are consumers too! The pockets of the working class are shrinking day by day, which means that the spending power of American consumers is getting weaker and weaker, and the domestic market of the United States is becoming smaller and smaller. The shrinking market has further increased the pressure on American companies to cut costs. This pressure is naturally passed on to labor (consumers), which forms an economic downward spiral…
MacArthur, the “heroic president” of the United States, was at his wits’ end when faced with economic difficulties. He wanted to use Roosevelt’s old method of investing in infrastructure construction, but in the 1950s, due to the failed world war and the subsequent huge reparations, the United States was already saddled with an astronomical national debt (a total of hundreds of billions of dollars), and it is still Under the pressure of capital outflows year after year. It simply cannot afford to borrow heavily to build infrastructure. Even if MacArthur is not afraid of being burdened by too much debt, the U.S. Congress will not significantly increase the government’s debt ceiling. The U.S. Congress in the 1950s was very conservative on the issue of debt, and there is no one now. Foreign institutions will spend tens of hundreds of billions to buy U.S. bonds. If they really issue excessive amounts of government bonds, interest rates will rise sharply.
As for asking the Federal Reserve to take direct action, it is not possible, because the Federal Reserve has already released funds by purchasing Treasury bonds after 1946 (this is to raise compensation), thus driving the purchasing power of the US dollar to decline. This time the depreciation of the US dollar has caused heavy losses to the American people, and their trust in the US dollar is not as good as before.
If the Fed takes the same measures now, it is likely that the dollar will collapse again before infrastructure funds are raised.
Therefore, during the more than nine years of MacArthur’s administration, the U.S. economy has been struggling in a downward path. The reason why MacArthur was able to achieve three consecutive terms like Roosevelt was because of the rapid rise of fascism in the United States.
The National Socialist Party of the United States, founded by Truman and Kennedy, has now taken over most of the territory of the original Democratic Party. It has also taken advantage of the dissatisfaction caused by the economic decline and the increasing poverty of workers to expand its influence among the working people – after all, the German Nazi Party and the National Fascist Party of Italy (Rome) both seem quite capable!
With the National Socialist Party gaining strength in the United States, MacArthur, supported by the Republican Party, became the “co-leader” of the anti-fascist factions in the United States in the presidential election. Therefore, supporters of the Labor Party and the Republican Party gave their votes to MacArthur, which allowed him to fight Lindbergh three times.
However, presidential elections, parliamentary elections, and local elections are completely different things. The Labor Party’s support for MacArthur as president does not mean support for the Republican Party to control parliament and local governments. Therefore, when MacArthur, the great president, reached his third term, he was an out-and-out lame president.
Pennsylvania Avenue in front of the White House has become a big stage for protesters of all factions to take turns to take the stage.
The people making trouble here today are the Labor Party and labor union forces who supported MacArthur in the presidential election – they came because MacArthur failed to fulfill his campaign promise to restore the National Labor Relations Act.
Of course, Labor Party leader Wallace had long known that MacArthur would not be able to fulfill his promise, but in order to confront Lindbergh who made the same promise, Wallace had to let MacArthur write a bad check. In order to preserve his base, he must also take the lead in causing trouble after MacArthur broke his promise…
In fact, these are all routines!
However, this kind of routine can deceive the American people, but it cannot change the US economy that is increasingly sliding towards collapse. And to save the U.S. economy… MacArthur had to fly to Germania, the capital of the Aryan States, to discuss the issue of Atlantic economic integration with Rudolf Hess, the Nazi!
“Let’s go!” MacArthur sighed and said to Dulles, “Even if it’s a trap, we have to jump with our eyes closed, otherwise the crisis of the Great Depression is coming!”
The “trap” MacArthur mentioned was the Atlantic Tariff and Trade Agreement proposed by Rudolf Hess. According to this envisioned “agreement”, the United States will be accepted into the Aryan economic circle as a whole, thus forming a super-Aryan free trade circle spanning both sides of the Atlantic and accounting for more than 80% of the world’s GDP.
This means that the United States will be able to freely enter an unprecedented large market in the near future!
Such a prospect really makes the large and small financial groups, farmers and some working people in the United States, which are suffering from the continuous economic decline, very excited.
So even though he knew it was a trap, MacArthur still boarded Air Force One, which was modified from a B-29D long-range bomber. Escorted by several F-82 Twin Mustang fighter jets, he headed toward Germania, the “world capital” on the European continent. It was the original Berlin) and flew away.
…
“Ludwig, MacArthur’s plane has taken off.”
“Well, I still fell into Hess’s trap.”
“Trap? The Atlantic Free Trade Area has nothing to lose to Americans.”
“They will lose their financial independence!”
“Like my Russian Empire?”
“Haha… It is not Russia that has lost its independence. All the states of the United Aryan States and the countries and colonies affiliated with the United States have now lost their independence, including Germany. However, the United States will not have another Russia.”
The people who were having a conversation on the main balcony of the west building in the Olga Palace on the shores of the Black Sea, where you can directly see the view of the Black Sea, were Hessmann in casual clothes and the Russian Empress Olga.
Both of them are old, but the deep friendship they formed from their youth still remains.
After retiring from active service, Hersmann did not engage in politics again. Instead, he chose to retire and live a happy life. Every summer, he would leave his palace of Chloe in Germania (he was a prince and a duke, so his residence could naturally be called Palace), went to Sochi with pleasant scenery and cool climate, and lived with his wife Chloe in Olga Palace, a gift to the couple from the Empress of Russia.
During this period, Queen Olga was also a frequent visitor to this luxurious palace named after her.
Her Majesty the Queen has been in control of the Russian Empire for more than ten years. Although she has always firmly controlled Russia’s military and political power, she can also feel that her country is gradually integrating into the United Aryan States… For her, this is also It’s nothing, she is an elderly queen anyway. As long as he can continue to enjoy the sweetness of power during his lifetime, that’s all.
As for her death, the Romanov dynasty will merge with the Hohenzollern dynasty, and Russia and Germany should naturally merge together.
And in her opinion, the prospect of the Greater Aryan United States is not a bad thing for the Russians, as long as the Russians can secure their position as the second largest ethnic group (actually the first ethnic group) under the United Aryan States.
“The United States…will not join the United States?” Olga handed a glass of Leo red wine (Russian local brand) to Hessman, and then stood on the balcony with Hessman looking at the sea. “This seems to be the result that Mr. Hitler has been pursuing tirelessly.”
In the last 10 years of his life, Hitler dreamed of a Greater Aryan unity that would include the United States.
However, this is just Hitler’s personal idea. The other giants of the Aryan United States, Russian Empress Olga, French President Darlan and British Queen Elizabeth II have no interest in this at all.
Even within Hitler’s own Nazi Party, there were few real giants who would support allowing the United States to join.
The reason is simple, now the seats within the United Aryan Republic have been arranged. Germany is the largest, followed by the three giants Russia, France and Britain. Where will the United States be put when it comes? The basic base of the United States is larger than Russia (half of Russia) and Germany.
In addition, although the Nazi Party is now the largest party in the Aryan United States, it does not have an advantage of more than 50% in the Senate. Because major countries such as Russia, France, and the United Kingdom all had their own major parties, the Nazis had no advantage there.
If the United States joins again, then the Republican Party, the National Socialist Party of the United States, and the American Labor Party will also join the Aryan United Senate. The Nazi Party’s advantage will be even smaller, and it is difficult to say whether it can continue to be in power…
“No one will support letting the United States join,” Hessman took the wine, took a sip, shook his head and said, “And there is no need… As long as we can penetrate and control the United States economically, why should we let the United States join?” What about them joining the United States?”
“Economic penetration and control?” Olga couldn’t help but think of Russia again.
Hersman shrugged: “This is inevitable… and this is a process of mutual penetration, mutual control, and ultimately integration. It is good for everyone. Of course, for our United States After all, Americans will become more and more dependent on this big market in the future, so their upper class will gradually become one of us.”
“But…” The Russian Empress frowned, “But there are still many people in the United States who will realize this, right? If most Americans realize that their country is being controlled by capital from Europe, they will probably Withdrawing from the Atlantic Tariff and Trade Agreement?”
“I don’t think they realize it,” Herschman smiled. “They just think that the United States has a chance to become great again after joining the Atlantic Tariff and Trade Agreement!”