Chapter 997 Cancer
The news of another revolution in Paris spread, and the entire European world was in a daze. First, the revolutionary party revolutionized the Bonaparte dynasty, then the radicals in the revolutionary party revolutionized the revolutionary government, and now I don’t know what party is revolutionizing the radical government.
If you count the royalist coalition forces outside the city, France has gathered all kinds of people from this era. News reports are hard to write, let alone ordinary people who eat melons.
Ordinary people can watch the fun, and politicians will be busy. With the situation so chaotic, this year's war reparations must not be considered.
No matter which government comes to power, it will not be able to change money for a while. Counting on the reparations from the French, the country that subsidized the family is now completely empty.
In the Palace of Vienna, Franz, who had just reached a compromise with Belgium, is now troubled and happy. There is no way, more and more people have come to borrow money recently.
If it is an ordinary commercial city loan, it is enough to simply introduce the bank directly. As long as the interest was paid and there was sufficient collateral, the financial system of the Holy Roman Empire could help them complete the financing.
With the defeat of France and the decline of Paris, the financial center on the European continent became Vienna-Frankfurt.
Finance also needs to be linked to politics. After the end of the European Continental War, Britain and Austria conducted a secret negotiation on the international situation and post-war reconstruction.
The result is self-evident. If you look at the organizational structure of the European Continental Union, you will know that if the two sides reach an agreement, Britain will not be excluded from the alliance.
There is no doubt that this is a lose-lose ending. Britain, which was excluded from the circle, had its voice in continental Europe drop to its lowest point in the past two hundred years. Except for a little influence on the maritime countries, the continental countries no longer buy their account.
The Holy Roman Empire was victorious politically, but economically it took a beating. Not only did the plan to raise funds in London go bankrupt, but even Aegis was sold out, and the value of the currency once plummeted by five points.
It is not Franz's style to just be beaten without fighting back. The British ran against the Aegis, and the Vienna government launched a tit-for-tat attack on the pound.
Both are gold standard countries, and then an interesting scene occurs. On the one hand, the Aegis was exchanged for gold from Shinra and shipped back to the British Isles, and on the other hand, the gold was exchanged from Britain with pounds and shipped back to Shinra.
Both are countries with large gold reserves. After going back and forth many times, the people who eat melons will be dizzy. In the end, no one can do anything about the other.
Of course, this is superficial. In fact, the Vienna government still suffered. With the failure of the financing plan and the need to stabilize the value of the Aegis currency, the government has no choice but to tighten its belt.
Affected by this, the progress of post-war reconstruction in Lorraine, Alsace and other regions has been affected. The boss is not feeling well, and the life of the younger brothers is even more difficult.
Of course, financing is not impossible. Although the British government is unhappy with everyone, the British consortium still welcomes the God of Wealth. It's just that the interest rate is 100 million points higher than normal.
Regardless of whether other countries can accept it, the Vienna government would rather tighten their belts than borrow the usury of the British.
Hard times are temporary. Capital seeks profit, and no one is willing to give up the big cake of European reconstruction. Even if the British government does not support it, it cannot stop the determination of capitalists to make money.
In particular, the funds that originally flowed into the London market from the European continent first began to flow back to the European continent, and entered the post-war reconstruction project after passing through the two major financial markets of Vienna and Frankfurt.
Although there is money, not everyone can borrow it. In a sense, in the capital market, both countries and individuals are "the strong will remain strong, and the weak will become weaker".
The richer the country, the easier it is to borrow money; the poorer the country, the harder it is to raise capital.
The Vienna government with a strong family background is naturally a high-quality customer in the capital market. The poor countries such as Belgium, Sardinia, Lucca, and Tuscany are tragedies. Their own reputation is not enough, and they cannot provide enough collateral, and financing is in trouble. the dilemma.
One or two Franz are happy to show the spirit of a big brother, but now that they are swarming up to borrow money, Franz has a headache.
In fact, this is not the first time countries have borrowed money. From the beginning of the Anti-French War, these little brothers were basically supported by the Vienna government.
It's not that I don't know, it's a shock. These small bean countries are all billionaires. Judging from their economic situation, the repayment will wait until the next century!
If it's just these, it's not unacceptable. With politically lucrative rewards, a longer payback period is not a big problem.
The key is that economic development needs a direction, and post-war reconstruction is not all about having money. Although Belgium has suffered heavy losses, its industrial foundation is still there, and it can recover quickly as long as there are funds.
This Italian state is really a tragedy. If you want resources but no resources, if you want industry but no industry, even if you want to develop agriculture, you will be beaten. The most important thing is that the land is limited and cannot support such a large population.
When they mixed with the French, apart from a small amount of handicrafts, they mainly acted as a commodity sales market and labor export.
With the collapse of the French Empire, this fragile industrial chain also collapsed. The Holy Roman Empire only needed a market for goods, but not labor.
No matter how cheap it is, it is useless. The current economic development has not yet reached that stage, and the jobs that can be created in society are limited. Letting these people in is just asking for trouble.
The only choice left to them is to use cheap labor and develop labor-intensive industries without technical content.
And drive the domestic economic development.
The problem is that it is useless for Franz to know that it is necessary for the rulers of various countries to understand it, so that they can formulate reasonable economic development policies based on their own actual conditions.
However, the most people in this world are people who lack self-knowledge. Of the seven Italian states, none of them are on the right track.
Guys with high eyesight and low hands think they are smart, and they keep up with the trend of the times. They play with high technologies such as electrical appliances and internal combustion engines. Even top projects such as airplanes and battleships are dared to start projects.
Well, this is Franz pan. The Vienna government has long regarded science and technology as a national policy, and now it has become a social consensus, and even the younger brothers have been affected.
It cannot be wrong. The problem is that the development of science and technology also requires an industrial foundation. There is no foundation, if you get to the forefront as soon as you come up, you will fall to your death.
After finally borrowing money, it was wasted by these guys with high eyesight and low hands. And the backward production capacity that the Vienna government intends to eliminate, the first to jump out to take over is actually Belgium with the best industrial foundation.
Brothers don't worry, the old man will naturally have a headache. No one's money comes from the wind. According to their tossing method, if there are no billions, there will be no results at all.
With so much money, is it not good to keep it for self-development? Who is so stupid, he wants to borrow it out for nothing.
Good advice is harsh, but it may not be effective. Franz didn't think he would be able to wake up these guys who lack social beatings by reminding them, and he would naturally not do such thankless things as persuading everyone to return to the right track.
...
Franz: "If we refuse to give them a loan, how much impact will it have?"
Foreign Minister Weissenberg: "The diplomatic impact is not great. The French Civil War is coming to an end, and the situation in Europe is basically stable. Some disturbances will not affect the international situation.
Given the current situation in countries such as Sardinia, Lucca, Modena, Parma, Tuscany, the Papal States, and the Two Sicilies, it is reasonable to refuse them loans. "
No one stipulates that the boss must support the younger brother. The Vienna government did not take anything away from the countries. Instead, it helped them gain independence and provided a large amount of financial assistance. It has done enough.
If anyone feels dissatisfied and wants to win Longwangshu, then he has to ask the iron fist of the empire if he agrees.
If you want to jump back to the simple, first ask which country dares to accept them. The current situation in Europe is very clear, that is, the Holy Roman Empire is dominated by one family, and if you reach out to it, you must be prepared to have your claws cut off.
Economy Minister Reinhardt: "The economic problems are very big. In fact, there have been problems with supply and demand in the capitalist economic market for a long time, but the crisis was delayed because of the European war.
The current market prosperity is just a huge bubble based on the dividends of war. Any problem in any place may cause the bubble to burst.
Without the backing of loans, the economies of the Italian regions would soon collapse. It is very likely to become the fuse of the crisis and detonate the economic crisis that is brewing. "
No one expected the economic crisis, that was impossible. In fact, there are warning signs before every economic crisis breaks out. The first reaction of those in the know is not to issue a crisis warning, but to retreat first.
In fact, it is useless to issue an early warning. The market is always in need of takers, and the bursting of the bubble will definitely bury a large number of people. The only thing that can be changed is who the buried people are.
The Great Depression after the Great War itself is a natural law of the economy. The Great Depression has not broken out now, mainly because the economy of the Holy Roman Empire has been supported.
However, such support is also risky. Just like a cancerous tumor on a human body, the longer it remains, the greater the damage it will cause.
There is no way, some things must be carried to death. Having just become the overlord of continental Europe, the Vienna government also needs time to consolidate its position.
It happened that another secret war broke out with the British. If the economic crisis broke out at this time, the prestige of the Holy Roman Empire's hegemony, which had finally been fought, would be diluted.
Perhaps aware of the danger, the Gladstone government wanted to retreat completely, and did not want to detonate the crisis at the end of its term. After a wave of tentative attempts, it decisively stopped.
After hesitating for a moment, Franz said slowly: "That's all! Sooner or later we will come to this point, there is no need to hold on.
Tell governments, if you want to get loans, come up with a comprehensive economic development plan to convince the banks that we can no longer provide guarantees for them. "
Frankly speaking, Franz is the last person who wants an economic crisis. As the largest economy in the world, the Holy Roman Empire accounts for half of the capitalist world economy.
Once an economic crisis breaks out, the Holy Roman Empire must suffer the most. On the contrary, those feudal agricultural countries with backward economies were relatively less affected.
But there is no way, relying on the power of the government to delay the outbreak of the crisis has a certain limit. No one knows when this malignant tumor will be detonated. Instead of waiting for others to detonate it, it is better to take the initiative to pierce it, and still be able to grasp a certain degree of initiative.
As for transferring the crisis, of course it has to be done. The problem is that today is different from the past. The economy of the Holy Roman Empire is so large that no one can handle it even if it is transferred.
As a sequela of the European War, it should have erupted as early as the end of the war. It is not easy to be able to delay until now.
Even though the government has repeatedly intervened in the economy, the crisis is still a crisis, and it will not disappear with a few administrative orders. total
In short, Franz had to swallow this bitter fruit.
The only difference is that this time it is not simply overcapacity, but the uneven development of various industries. Mainly due to the impact of the war, industries related to the military industry have developed too much.
The free elimination of the market is an economic crisis. Smart people have already earned enough and retreated from related fields. Now the rest of the receivers are still dreaming of getting rich, and all of them are fantasizing about the French Civil War or the expansion of the Japanese-Western War.
I don't know if it will make a fortune or not. Anyway, it is impossible for the war to expand. Neither London nor Vienna was ready for war.
War is not a child's play, unless you are forced into a corner, otherwise you are not sure, who would foolishly go to war with a big country?
If Britain and Austria do not turn their faces directly, no matter how much a proxy war is fought, the scale will not be too big. It is not easy to be able to help clear the inventory. If you want to make war money, go home, wash and sleep!
...
Foreign Minister Weisenberg: "Your Majesty, although the Japanese-Spanish War is still in a state of anxiety, judging from the current situation, the hope of the Spaniards winning is very slim.
According to information from the Governor of Nanyang, from the outbreak of the war to the present, the Spanish expeditionary force has killed 27,000 people, including 3,400 naval personnel; while the Japanese army has killed 39,000 people, including more than 5,700 naval officers and soldiers.
The Spaniard has an advantage in the exchange ratio, but this advantage is not obvious. The Japanese were well positioned, and their troops were replenished much faster.
If there are no major changes on the battlefield, if the consumption continues, it will only be a matter of time before Spain loses the war. "
The exchange ratio is dominant, not because the Spanish army is better at fighting, but mainly because of the gap in weapons and equipment. If the technology gap between the warships of the two sides is ten years, then the gap in army weapons and equipment is an era.
With a gap of an era behind in weaponry and equipment, and a record of nearly 1.4:1, Franz wondered if the Japanese had cheated.
The Spaniards also did their homework. The European Continental Union imposed a material embargo on the Japanese early on. Even if someone smuggled weapons and equipment into the hands of the Japanese army, there would not be too much.
Franz has the right to speak on this point. The navy of the Holy Roman Empire often checks the post at the Suez Canal, the Strait of Malacca and other sea traffic arteries, and the smuggled arms ship is almost cold on the way.
Even if it is still possible to obtain equipment from the British, the king of army equipment this year still depends on the Shenluo Empire, followed by France. The weapons and equipment of the lobster soldiers are really not that good.