Chapter 455 Impulse Mode
No matter how rude the means, people without strength can't play. Not to mention the initial capital investment, just how to hook up with the Russian aristocracy is a problem.
You know, the Russian aristocracy is the most conservative existence in Europe. A capitalist who wants to come to the door to sell, it is estimated that he will not even be seen, and he will be kicked out.
Even if the sale is successful, in case of encountering a greedy nobleman, the bond may be hacked directly, and the last shilling will not be obtained.
Although I don't worry about competitors, the confidentiality work is still done, otherwise the tsarist government will make a patch in advance, and then we can only wait for Alexander III to pay back the money.
On the surface, this era is the era of the gold and silver standard, and the currency does not seem to depreciate. In fact, in Franz's view, as long as the production of gold and silver continues to increase, inflation cannot be avoided.
Stable prices are also relative, and more than ten years are enough to change many things. In the second industrial revolution, as long as the investment is right, several times the profit is not easy.
There are too many projects involved in the industrial revolution, and it is impossible for Franz to cover all of them. At this time, venture capital companies can come out.
Although the concept of "VC" has not been proposed, in fact, it has always existed. The one I heard and knew was Lu Buwei, and Qihuo Keju was a successful venture capital investment.
In Europe, Spain also sponsored Columbus to discover the New World, which opened the era of great navigation and established the first empire on which the sun never sets.
These are just success stories, there are more failure cases. History books have told the world that venture capital is a high-risk investment.
Franz can bear the risk, and the cost of investing in emerging industries is very low in this era. Basically, they fund technology research and development, and then invest in building factories with results.
Even if the investment fails, as long as the relevant patented technology is harvested, the business is not too bad.
Unfortunately, the project is hard to find. This is the second industrial revolution, and there are not as many projects in later generations. Moreover, due to the inconvenience of communication, it is difficult to achieve effective supervision.
After some hesitation, Franz abandoned his plans to build a venture capital firm. There has never been a shortage of smart people in the world, and VCs in this era are not non-existent, but they are all limited to a small area.
It is completely impossible for a venture capital firm to invest in hundreds of projects like the future generations. The operating costs of the company alone can overwhelm the company.
After all, the real economy is not the Internet, and it is impossible to get rich overnight. Before you can see the profits, it is difficult to make money by listing.
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The actions of Wells Fargo Securities quickly attracted the attention of those who wanted to. At first, everyone thought that Wells Fargo Securities was deliberately releasing good news, or that the Russian-Austrian negotiations had turned a corner.
However, in September, the dust of the negotiations between the two countries was settled. The Russians will continue to pay their debts, albeit with a five-year delay. The originally promised collateral is now only nominally fulfilled.
For example: Mortgage tariffs, and now part of the Russian tariff revenue will be used to repay debts. The specific amount is a bit touching, about 200,000 Aegis per month.
The total amount of collateral income added up does not exceed 500,000 Aegis, which is less than one-sixth of the actual funds to be paid.
Liquidated damages naturally do not exist, the tsarist government has no money, and being able to repay the principal and part of the interest is just a face.
There is no way, it is the uncle who owes the debt. The Vienna government can only charge as much as possible, and the rest will be paid back slowly after the Tsarist government's finances return to normal!
There is only so much money in total, of course, the policy loan guaranteed by the government must be paid first. As for private loans, it is very regrettable that we can only consider it in the future.
Not to mention the bonds, we will discuss this issue when they mature. It is impossible to pay in advance, and the tsarist government is not easy to talk about.
Since you dare to think about the high interest they give, you must be prepared to lose the principal. When the Russian-Prussian war broke out, financial experts warned.
Although the Russians did not say that they would not repay, everyone knew very well that these bonds might be difficult to pay normally.
The tsarist government's finances have improved, this is a false proposition. As long as the Russian bureaucracy is not purified and the problem of official governance is not resolved, the finances will never improve.
It is a hundred times more difficult than system reform to eradicate the rule of officials. No matter how the rules are made, people need to implement them, which is a loophole.
It is a good idea to kill the nobles. Unfortunately, there is no tradition of killing nobles in Europe, and Alexander II did not have the courage to start a new one.
Franz fiddled with the civil service examination system, but also failed to solve the problem of corruption. Even bureaucrats from civilian backgrounds are even more ruthless in corruption.
It's just that this created the conditions for Franz to kill and stand out. When the Anti-Corruption Bureau has something to do, it can often catch a few idiots and set up a typical bureaucratic group.
After the comparison, and then dealing with the nobles and bureaucrats, everyone will not feel that the emperor is ruthless.
Look at other people who have committed crimes and have been beheaded. The nobles who committed crimes just won titles and went to jail, so they were taken care of.
Moreover, this title victory is only the end of the life-long aristocracy, and the hereditary noble title will still be inherited by the second-in-line heir.
The reason is not yet a crime, but an insult to the honor of the nobility. Yes, European aristocratic culture also has requirements, and it is still a high standard.
It doesn't matter what you do in the dark, anyone who violates the nobility's code of conduct will be criticized by everyone.
After many aristocratic bureaucrats were arrested for committing crimes, they couldn't stand the pressure of public opinion and chose to commit suicide. When people die and the account disappears, things naturally go away
past.
Maybe in the eyes of later generations, this is ridiculous. Anyway, you can't die anyway. After spending a few years in prison, you will come out and continue to live a high-class life. Why do you need to commit suicide?
But in this era when glory is higher than life, in order to maintain family glory, personal life is the second priority.
Under external pressure, although corruption could never be eradicated, at least they were restrained. Few officials in Austria dare to do things like the tsarist government's direct embezzlement of public funds and blatant bribery.
This kind of operation is something that the Russians cannot learn. On the one hand, the power of the aristocracy is too great, including the reform of Alexander II, which is also a national salvation movement launched by the aristocracy.
On the other hand, it is the question of popularization of knowledge. Compared with European countries, the literacy rate of Russians is generally low. Even in the civil service examination, there are not many civilian children.
How can there be pressure on the aristocratic bureaucrats if there are not enough numbers? If there are only a few people, it is estimated that they will be suppressed by people as soon as they enter the officialdom.
Compulsory education has been going on for so many years, even if only one percent of them enter universities, 20,000 to 30,000 people in Austria enter universities every year, and this number can be multiplied more than ten times at the middle school level.
A large talent pool is Austria's biggest advantage.
Quantitative changes have led to qualitative changes. Many people who were previously unknown in time and space have now become the leaders of the era; people who were once famous, but now have the meaning of disappearing.
It turns out that circumstances can really change a person. Franz is no longer superstitious about the celebrity effect. He believes that the butterfly effect is huge.
Before he came up with the results, in his eyes, celebrities in the original time and space were not much different from ordinary people.
After all, scientific research is full of coincidences. Maybe a different day or another laboratory could change the final outcome.
Even Austrian scientists who were born a little later might be wiped out by butterflies. This kind of thing is too common. As long as the original parents have an accident, or the time of intercourse changes, the sperm and eggs that are finally conceived have changed.
Even if they have the same name, they have actually changed. To do this, just one overtime, or a vacation is enough.
The celebrity development program has been a fallacy from the start. Rather than engaging in these uncertainties, it is better to have impulses.
The number of talents has increased, and the number of geniuses has naturally increased. In fact, those who can go to college in this era are the elite of the elite.
If you are not capable enough and want to go to college, you can only pay for an audition. If you are a late bloomer and pass the graduation assessment, you can also get a graduation certificate.
As far as Franz knows, there are currently a number of auditors at various universities in Austria. These people are not for a diploma, they just want to improve their abilities.
After all, those who can afford the money are the wealthy class, and it doesn't matter whether they have a diploma or not.
Not everyone can afford the tuition fee of tens of thousands of Aegis. This is the price of a villa in Vienna. If converted to the 21st century, it would be hundreds of millions.
The Ministry of Education intends to increase the number of universities to provide a platform for these wealthy children to receive education. After all, these people are financial masters who can charge high tuition fees and make a lot of money every year.
Franz knew that such a university would appear sooner or later. It is never difficult for rich people to pursue higher education.
If you don’t have it in China, can you still study abroad? Now Austria is not popular to study abroad, that is, the quality of domestic education is the world's top, and it has a large number of human resources.
For many capitalists, sending their children to study is to accumulate connections and lay the foundation for future development.
Without these benefits, at least most of the cost of studying abroad can be saved. Why do they have to fight with domestic universities?
Taking the University of Vienna as an example, for those who are officially admitted to the university, the tuition fees for several years add up to only more than 1,000 Aegis, and they can also apply for student loans.
And the fees for the auditors were directly fired up to 80,000 Aegis, so don't think it's too expensive. There are only 30 places in total, which is completely in short supply. If it doesn't matter, you can't get it at all.
This price is not only the price of learning knowledge, but also the added value brought by the network of connections. As the top university in Austria, it is worth the price.
Austria has more than 40 universities, large and small, and the number of students admitted to each university is basically only five or six hundred each year, and the most is only a thousand people.
In the case that the university does not expand its enrollment, this quota is naturally very expensive. Unless it is really a relationship, no matter how rich you are, you will have at most one audition place.
As far as Franz knew, the children of the great nobles who entered the university through the back door every year were in the single digits, and most of the time there were none.
If the children of the great nobles have passed the family education and are still unable to enter the university, then there are only two situations: either they are not suitable for studying, or they are playful children.
Think about it, the teacher who gave you the question teaches you every day, and you can't get into the university. What else can you say? Not to mention 100% original questions, at least you have done every question type. With such a big advantage, there is really no way to go ashore.
Since it is trash, for the sake of face, everyone will not put these children into the university to be ashamed.
It's easy to add a university, but does anyone really buy it? When entering university, while accumulating personal connections, why don't parents want their children to become dragons?
And a school with this kind of people is downgraded from the level. Except for mixed diploma
Besides, how much knowledge can be learned, Franz is very skeptical.
The reputation of the auditors is really bad, but every year, some auditors achieve a counterattack and finally get their diplomas.
These successful cases are also a factor that tends to keep everyone moving forward.
Accumulating a network of personal connections is, to put it bluntly, in contact with people who are stronger than you. If you are surrounded by people who are the same or at a lower level, this relationship will not be so effective.
The grade is lowered, and the cost cannot be lowered. Otherwise, in the end, the Ministry of Education will need funds to maintain the operation of the school. Franz might as well use the money to build another university and cultivate talents useful to society.
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