Chapter 732 Frankfurt

It was not only Austria who realized that the crisis was coming. The Vienna government just took the first step. After Austria opened the dumping valve, British capitalists also quickly followed up.

In this year's overseas trade, Britain and Austria together account for three-quarters of the market share. The so-called international competition is mainly carried out between the two countries.

The market is so big, if you take more, I will take less, and no one can give in.

Britain and Austria did not directly turn against each other, or it was because their respective development directions were different.

Britain exports the most textiles, and Austria exports the most agricultural products, which are currently the two commodities with the largest share in international trade.

They account for 68.3% and 21.6% of the total international trade respectively. It is worth mentioning that the proportion of textiles is increasing year by year, while the proportion of agricultural products is decreasing year by year.

The disparity in the proportion occupied is not only related to the difference between industrial and agricultural scissors, but also related to the transaction mode.

Britain's textile industry imports raw materials and exports them after processing; most of Austria's agricultural products are self-produced, with relatively few imported raw materials.

In terms of the scale of the industry, the field of agricultural products must exceed the textile industry. This is determined by demographics, more than 80% of the world's population is agricultural.

But when it comes to making money, agriculture is certainly not as good as textiles, even when processing is done.

In the field of textiles, the British's biggest competitor was the French. They had worked on Egypt's cotton plantation plan before, and finally made a wedding dress for the French.

After solving the problem of raw materials, the French cotton textile industry has been able to develop rapidly and has become a pillar industry in China. In the African development plan of the Paris government, the expansion of cotton plantations is ranked first.

If the French plan succeeds, the British dominance of the cotton textile industry will be severely impacted, which is one of the main reasons why the relationship between Britain and France has turned cold.

Austria's biggest competitor in the agricultural sector is the Russian Empire. Because of the war, Russia's nascent national industry was hit hard.

Limited by technology and capital, it is unable to complete the processing of all agricultural products in the short term, and has to temporarily serve as the origin of raw materials in Austria.

"Temporary" does not mean permanent, and the Russian Empire is also one of Austria's biggest potential competitors in the field of agricultural products.

The competition between Britain and Austria is still concentrated in the field of industrial manufacturing. The British are the hegemons of traditional industries, and Austria is the leader of emerging industries.

In the eyes of later generations, these are the most important industries. However, in the short term, the market for these industries is still very small.

This is determined by the particularity of the industry. The infrastructure is not in place, and the blind adoption of new equipment can lead to a crashing cost. It is not as cost-effective as using an outdated steam engine.

...

Frankfurt, the traditional financial center of the German region, has taken on a new splendor after joining the new Shinra Empire.

Today, it has become one of the four major financial centers in the world, surpassing Vienna and second only to Paris, France and London, England.

Of course, the statement of the big four financial centers is not widely recognized, because the number one London is about equal to Paris + Frankfurt + Vienna combined.

This is still based on the premise that Austria has grabbed a lot of gold producing areas, otherwise London's advantages will be more obvious.

The heritage of world hegemony cannot be erased in a short time. For a long time in the future, London will be the world financial center.

The British devote their efforts to raising a city, which is different from the Austrian development model. In the case of insufficient resources, Frankfurt was able to surpass Vienna for a special reason.

The first is influence, Frankfurt is well-known in the German region, there are many banks located here, and the financial strength is strong.

The second is geographical location, just in the heart of the German region, in the German-Austrian border area, and very close to Prussia, which is conducive to gathering the capital of these countries.

Finally, and the most critical factor, Austria's national policy is not to engage in super cities, and Vienna, the capital, did not jump out to grab resources.

With so many advantages, Frankfurt, which was originally the financial center of China and Europe, is naturally skyrocketing.

There are advantages and disadvantages. While gathering capital from China and Europe, it is also inevitably affected by the economic impact of various countries.

After the defeat of the Kingdom of Prussia, the Frankfurt stock market was the first to be hit.

Fortunately, the Vienna government refused to lend to the Berlin government, and the financiers in Frankfurt did not jump into this giant pit.

Affected mainly are some listed Prussian companies, especially those in the Russian-occupied areas, which are almost dead.

According to statistics, in the past six months, more than 30 people have jumped off the building in Frankfurt due to the influence of the Russian-Prussian War.

This is the norm. Every financial center will not be short of unlucky people. Even when the market is at its best, some people will jump off the building.

Early in the morning, the autumn wind swept up the fallen leaves on the ground and hit Flores on the face, an ominous premonition arose spontaneously.

A veteran stock speculator, Flores already owns his own securities firm in Frankfurt, albeit a very small one, but has escaped the tragedy of being completely reduced to a leek.

Like casinos, the odds of winning in the banker are always higher than those of the gamblers. After setting up a securities company, Flores also worked with others to hype a few stocks, felt the style of a dealer, and made a fortune.

If nothing else, come again a few times, Flores can go further, and even have the opportunity to become here

One of the masters.

However, when people have bad luck, under the leadership of a financial giant, Flores joined the speculation of the Russian-Prussian war.

Unfortunately, this time they pressed the wrong treasure, and the defeat of the Popo Federation also brought them heavy losses, and also locked up a lot of capital.

It is normal to have losses and profits in the financial market, and Flores' mental quality is good enough to withstand such fluctuations.

It's just a trap. As long as the company is not bankrupt, the aftermath of the Prussian-Russian war has passed and a few good news can be released successfully.

Similar things happen frequently in the stock market. If the capital invested is too large and there is no good news, it can be artificially created.

As a qualified speculator, Flores has always insisted on diversifying his investments. As long as he does not catch up with the stock market crash, he can withstand one or two failures.

Covering it with his hand, Flores quickened his pace. He believed in his hunch very much, and this intuition helped him survive the two stock market crashes.

When Flores arrived, the Frankfurt Stock Exchange was already full of people. Without wasting time in the lobby, Flores entered the office where his company is located.

Said to be an office, in fact, this is just a small house of less than 50 square meters, and it is shared by three securities companies.

There is no way. There is no electronic trading these days, and stock trading is all manual. First-hand information has become extraordinarily important.

The house price inside the exchange is really expensive. For such a small house of less than 50 square meters, the monthly rent is as high as 2,000 Aegis, which is not for sale.

In another place, the money is enough to buy a big house.

If it is not to attract customers and need to show strength, Flores would not be so extravagant.