Returning to the Imperial Capital, Bai Zhizhan's first feeling was an intense cold that seeped into his bones.
Although it was only early winter, Bai Zhizhan felt it was colder than the harsh winter he first experienced twenty years ago when he first came to the Imperial Capital, as though the air itself was about to freeze solid.
It was not only the temperature that was cold but also the depressed marketplace.
The Great Depression, which started in the year 89 of the New Calendar, had now lasted for ten years.
Although three years ago, the Newland Federation's New Deal initially showed success, and countries around the world subsequently declared they had weathered the most difficult period, that the Great Depression was over, and a new golden age was about to begin, the reality was quite the opposite, and even more brutal than what the media had propagated.
Had Keynesianism defeated the Great Depression?
Clearly, this was a false proposition.
