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Kingdom of the Pearl of the Orient

In the waning years of Spanish colonial rule in the Philippines, a young boy named Alfonso XIII was proclaimed King of Spain in 1886. However, being just a child, his mother, Queen Maria Christina, ruled as regent in his place. Queen Maria Christina adopted a somewhat lenient policy, granting the Filipinos a degree of freedom while still keeping them as subjects of the Spanish monarchy. As time passed, the Philippines remained under Spanish rule until it was finally passed on to Alfonso, Prince of Asturias, in 1920. But Alfonso, wise beyond his years, saw the plight of the Filipino people and understood their deep desire for independence in their hearts. He made a momentous decision – renouncing his claim to the Spanish throne and requesting to govern the Philippines instead. Surprisingly, the Spanish monarch agreed to this arrangement, and Alfonso was given the unique responsibility of managing the Philippines as a separate entity. But unknown to everyone, the original Alfonso, Prince of Asturias, died due to drowning accident and was replaced by Miguel Reyes. In a world reminiscent of the early twentieth century but with a twist, Miguel Reyes, a brilliant scientist,engineer, military enthusiast, and businessman from the Philippines, found himself in a strange predicament. After a fatal car accident in 2023, Miguel was granted an extraordinary second chance at life. He awakened to find his soul inexplicably reincarnated into the body of a prince in a distant land. Confused and disoriented at first, Miguel soon discovered that he was inhabiting none other than the young Alfonso, Prince of Asturias, decades before his untimely death. Realizing the significance of this opportunity, Miguel knew he had to act wisely. He had lived a life devoted to knowledge and progress, and now he found himself in a pivotal position to change history for the better. Armed with the knowledge of Alfonso's fate and aware of the impending struggles faced by the Philippines, Miguel resolved to take a different path. Join Alfonso (Miguel Reyes) on a life-changing experience. Will Miguel Reyes find tranquility in his second life as he governs the nation and steers it towards greatness? Or will he face the shadow of a conspiracy lurking within the borders?

Moonlights_18 · 现实
分數不夠
210 Chs

Chapter 74: 74

The Great Depression, which began on October 29, 1929, had profound and devastating consequences for the world economy. It started with the stock market crash of 1929, known as Black Tuesday, when the Dow Jones Industrial Average lost about 25% of its value.

This collapse had ripple effects throughout the global financial system, shaking investor confidence and leading to massive losses for those who had invested heavily in the stock market.

The financial crisis of the Great Depression snowballed into a full-blown economic disaster.

Bank failures followed the stock market crash, as panicked depositors rushed to withdraw their savings.

The widespread loss of trust in the banking system led to the closure of numerous banks, eroding the savings of countless people.

In many countries, individuals who had once been comfortable were now facing unemployment, bankruptcy, and homelessness.