Chapter 259

Facts have proved that Prime Minister Granville thought too well. The biggest black hand of the skyrocketing gold price is the British consortium, and the speculators are just small feet on the surface.

Don't these financial consortia know the consequences of blindly raising the price of gold? Obviously this is impossible, they are all professionals, not the amateurs of the cabinet government.

However, they still did it for the sake of profit, and even the decision of the Granville government to inflate the price of gold and prevent the Vienna government from buying gold had the shadow of a consortium behind it.

It's just that the United Kingdom is not the United States after all, and the financial consortium can't do anything to cover the sky, so it's very obscure. It just bribed the members of the government think tank to put forward this proposal, and did not directly stand on the stage.

This is nothing, there are people in history who have published articles in newspapers that cabinet ministers often read, which in turn affects British politics.

There is no way, the elected politicians cannot be all-rounders! In many fields, they are laymen, and they are at the same level as many people who eat melons. It is really not difficult to fool them.

This silent way of moisturizing things is often fooled, and politicians themselves are not aware of it. A lot of idiot policies are formulated like this.

It is naturally impossible for the consortium to raise the price of gold to earn such a small price difference, but more to attack competitors.

The rise in the price of gold, which drives up the value of the British pound, will naturally affect the domestic industry and commerce. For a big company with a big business, they can withstand such short-term fluctuations.

For most small and medium-sized capitalists, it is undoubtedly a pass in the gate of hell.

In the era of rapid economic development, everyone is expanding, and costs have suddenly skyrocketed. Many companies have entered a state of loss in the short term, and this loss-making capital chain has problems.

The opportunity for the consortium will come, either accept their conditions or prepare to go bankrupt! No matter how you choose, this is a capital feast where big fish eat small fish.

The London stock market has always been a barometer of the British economy. The fluctuations in the price of gold first affected the stock market, and the speculators were the first to be unlucky.

The ups and downs of gold prices have made leveraged players lose money.

The gold mining companies that were originally popular have evaporated 30% of their market value in one day, and related industries have also fallen.

According to economic experts, after the new Holy Roman Empire adopted the gold standard system, the demand for gold in the market increased greatly, and the price of gold rose is inevitable.

When the stock market skyrocketed, everyone believed it. Since it was good news, companies would naturally have to expand production. Only by expanding production can they make more money in the market.

Now that the price of gold has plummeted, the market has been stimulated, and the stock price has been venting wildly.

Not only these related companies, but other industries have also been affected. The rapid fluctuations in the value of the British pound have directly caused many companies to lose their pants.

Especially for those engaged in overseas trade, the value of the pound first rose by 20% and then returned to normal. The loss in the exchange rate alone is enough for everyone to cry.

For many SMEs, this volatility directly kills them. Not all companies are eligible to be acquired by consortia, and many companies with poor performance and meager profits have gone directly into bankruptcy mode.

In just a few months, more than 200 companies in the British Empire were merged and reorganized, and more than 3,000 companies were directly bankrupted and liquidated. Bankruptcy is coming, and the era of big monopoly is coming.

By the time the Granville government reacted with hindsight, it was too late. Even if everything happened, even if the consortium was stopped, the government had no way to extend the life of these enterprises.

10 Downing Street

Prime Minister Granville sat there motionless with a haggard look on his face, obviously the recent events had hit him a bit hard.

Before he had time to display his ambitions, the first fire of the new official took office, and he shot himself in the foot, which seriously dampened his confidence.

After sorting out his thoughts, Prime Minister Granville said: "Everyone, we were tricked by the consortium this time, and we were completely led by them.

I am afraid that from the beginning, I have jumped into their trap. The matter has come to this point, and the matter of accountability has been revealed first. Now how should we deal with the aftermath? "

Everyone was silent, what else could they do other than pinching their noses and recognizing it? Do you want to settle accounts behind the scenes?

People are just behind the scenes. Within the scope of the rules, whoever makes their own judgment is not good, they have never made a comeback from beginning to end. If they want to find someone to settle accounts, they all know who to turn to.

George Gray, the hairy Chancellor of the Exchequer, who was stared at by Prime Minister Granville, replied daringly: "Prime Minister, it is still necessary to save the world as soon as possible, so that the market can restore confidence and prevent the situation from getting worse."

Although most of the companies that went bankrupt this time are small and medium-sized enterprises with little competitiveness, the unemployed people and the stock market crisis caused by them are all real.

If the aftermath is not handled quickly, it will not be long before the current stock market crisis and bankruptcies will trigger a national economic crisis, and the situation will really be out of control.

Prime Minister Granville frowned and asked: "Do you mean to continue to seek help from the consortium, not afraid of being swallowed up by them?"

Chancellor George Grey said in a very cold tone: "But we have no choice, don't we? If we don't get out of the crisis as soon as possible, then we will all be nailed to the pillar of shame and become a negative textbook in the history books.

Maybe they will write that the idiot cabinet government went on the gold standard in order to prevent the Vienna government from buying gold

Reforms have created an artificial economic crisis.

As for the question of the consortium, isn't there still a settlement after the autumn? If they cooperate well with us, it will be fine to suppress this crisis.

If they continue to be presumptuous, it is also a good choice to drag them to hell together before we are finished. "

I have to say that the Granville cabinet is lucky, there is no large-scale overcapacity in the UK, otherwise their operation will be immortal.

If the British economic crisis breaks out, then Austria will not be able to survive alone. As long as the British capital withdraws its capital, the Vienna government will naturally lose the opportunity to reform the currency value if it wants to stabilize the domestic economy.

But for the British, it was more in their interest for the Vienna government to complete the reform of the gold standard, which would help trade between the two countries.

Because of the blocking of Austrian reforms, the domestic economic crisis was triggered. That is to harm the interests of the British Empire, and then create an economic crisis. Said they were foreign spies, it is estimated that the British believed it.

As for explanation? They can't possibly have a chance to explain, as losers have no say. If the consortium cannot wash itself clean, it is not a consortium.

Even if explained clearly, they deserve to be one of the dumbest cabinets in British history.

Don't expect someone to help them clean up their land. If they are hurting themselves and others, maybe in the future everyone will help them clean up for political needs.

It is even possible to be blown up as the greatest government ever. This kind of operation, they are naturally clear.

Things have already happened, and rational politicians naturally want to minimize the impact and continue to cooperate with the consortium, which is inevitable.

Even in order to force the consortium to contribute, George Gray even threatened. Although it is impossible to perish together, they can fight back at all costs and hit the consortium.

To put it bluntly, the consortium of this era is still growing, far from reaching its peak. There are bureaucratic groups and aristocratic groups in the government, which can check and balance their power.

This is also why after the World War, the London government introduced a series of idiotic policies to attack the military aristocracy who made great contributions in the war. It seems that the government is like a gravedigger of the British Empire.

This can also be seen as an extension of the struggle for power. The capitalists who gained the upper hand cut off their source of power while the aristocratic group was weak.

As an executor launched by the Capital Group, he has naturally recovered handsome returns, has been highly praised in history, and has become the greatest man in British history.

Prime Minister Granville nodded helplessly. He didn't want to step down in despair, so compromise was inevitable.

...

When the crisis broke out in Britain, Franz's big marriage also began. There is nothing unconventional, and it follows the tradition of the Habsburg dynasty.

It is grand, extravagant, and high-end. As for the romantic wedding in the movie, Franz is very sure that it does not exist, and it is completely made up by the director.

By convention, the wedding venue is still in St. Stephen's Cathedral, where the hearts of dozens of royal family members are buried here.

Thinking of Franz made me shiver. He couldn't understand why he had to dig out his heart and put it in this church after he died.

This may be because his belief is not pious enough. In any case, it will be terminated when he reaches him. Anyway, Franz is not ready to imitate his ancestors.

At the wedding, Franz was like an actor. He went through the procedure according to the pre-rehearsed ceremony, and then accepted the blessing of God, and he got married.

Although it is a bit cumbersome, Franz is still satisfied. Once in a lifetime, a little trouble can be a good memory.

It may be God's blessing, or God's blessing, in short, March 12 was a sunny day, and nothing happened.

There were too many guests at the wedding, and the banquet was held directly in the open square.

All the big aristocrats in Europe basically sent representatives to rush over. Thirteen kings attended the wedding in person, and the sum of the princes and grandsons directly exceeded three digits.

Franz was surprised to find that so many kings who attended the wedding in person did not have any relatives in five suits. Although there was no such thing as five suits in Europe, this fully proved the strength of the Habsburg family's ability to marry.

However, it is unknown how long the glory of this monarchy can last. After all, there are not many other regions in Germany, that is, there are many kings.

Now none of these state royal families have been abolished. From this aspect, Franz's food looks much better than the Prussian Kingdom in history.

The benefits brought directly made his wedding even more upscale. So the king gathered together, can apply for the Guinness Book of World Records.

The only regret is that none of the emperors came, otherwise the specifications could be higher, leaving future generations behind.

Obviously this is impossible. In order to invite these kings over, the Ministry of Foreign Affairs of the New Holy Roman Empire has made great efforts.

If it wasn't for a particularly good relationship, they wouldn't have come to build up this momentum at this time. To put it bluntly, this is also the stage for the Habsburg dynasty to show its soft power to the outside world.

The level of guests sent by the European royal families also shows the importance of everyone's relationship. For a small country, this is also equivalent to a political stand-up, but this time there is no need to worry about standing in the wrong place and causing trouble.

In this context, several emperors in Europe naturally have to hold their own identities, and it would save face by sending royal personnel out for a trip.

It is impossible to go out in person unless everyone has a very good personal relationship. It's a pity that Franz doesn't have much friendship with them, and now they naturally won't run over to support the scene.