Chapter 651 Elizabeth
The reason why Arthur is concerned about the British views on abandoning the gold standard is that in addition to the Australian dollar being highly pegged to the British pound, the most important reason why the British pound is currently the strongest currency in the world is also the most important reason.
As a global currency, when such a currency depreciates, it often causes many countries around the world that use this currency to pay the bill.
The best example is the world police of later generations. Although the national debt of the United States is very high, it only needs to frantically print dollars and let the dollar experience a certain depreciation, so that the whole world can pay for its debt.
Unfortunately, the whole world can't do anything about it, because historically the United States has established a monetary system based on the U.S. dollar after World War II, and it is very difficult to replace the U.S. dollar.
The good news is that Britain and France have colonies, coupled with devalued currencies and many other trump cards to pass the crisis on to the Germans, there is no need to worry about Britain and France suffering too much losses in the economic crisis.
The British can even prevent the economic crisis from happening in London and make the United States the source and hardest hit area of the economic crisis.
After all, compared to the established powers with a large number of colonies, newly emerging powers like the United States are the most vulnerable to economic crises because they do not have colonies as markets.
Without the colonial population to bear the pain for themselves, the impact of the economic crisis would have to be borne by the Americans themselves.
In short, the economic crisis in the United States is borne by Americans themselves, which is a big blow to the stability of the United States and the cohesion of the country.
After all, there are many domestic problems in the United States right now. Problems between states, problems between various races, and problems between various ethnic groups. If not handled carefully, it is very likely that the entire United States will be divided.
It is worth mentioning that after the Netherlands lost the entire Dutch East Indies, its losses in the economic crisis would certainly not be low.
This is another benefit that colonies bring to European countries. It can serve as a huge market to dump their own industrial products and share the pressure after their own industrial overcapacity.
If you calculate it this way, the one that is most worried about economic crisis among all the great powers should be the United States, which does not have colonies as a buffer.
The U.S. economy and industry are indeed the strongest in the world, which made the United States the biggest challenger to the world order after World War I.
However, the British's strict defense of the United States not only caused the United States to lose Central America that was originally under its control, but also lost the trust of South American countries.
The United States is now theoretically alone. Although its homeland is powerful, its influence cannot expand beyond North America.
"Your Majesty, if Britain and France transfer the pressure of the economic crisis to Germany, will it trigger a new round of world war? Germany's current situation is not good. If it suffers another economic crisis, I am afraid that Germany will only face war." Although Britain and France can It is a good thing to withstand the economic crisis, but if the Germans are dissatisfied due to passing on the crisis and a new war breaks out, then we have to carefully consider the consequences of the war.
Although it will not evolve into a world war like before, an internal war between Europe is not good news, especially when Europe's economy and industry have not returned to their peak.
Arthur rubbed his brows and said with a hint of uncertainty: "According to the British policy, they should not sit back and watch a civil war break out in Germany. As for starting a war with Britain and France, I believe the Germans do not have the guts.
However, Germany should seek more say during this period, including abolishing the Rhineland Demilitarized Zone, establishing more troops, etc.
We must keep an eye on Germany and try to keep Europe at peace so that more of the risk of the economic crisis is transferred to the United States. "
Arthur is not sure whether Germany in this world will develop as it did in history, but the current situation should not be much different.
The economic crisis is inevitable. Britain and France will definitely pass on their own domestic economic crisis, and the most suitable choice can only be Germany.
In this way, Germany will still face the same serious situation in history. Even if Hitler does not rise, other dictators will rise up and become the new rulers of Germany.
As for William II, Arthur is no longer optimistic about it. The once proud German emperor was not in a good mood now.
The poor current situation in Germany and the huge restrictions on imperial power caused the once arrogant Wilhelm II to suffer a major blow. Although he was not in ruins, his ambition was gradually disappearing.
Under the influence of the military government, the Germans no longer welcome the imperial power. Whether they can stabilize their position is a question, let alone save Germany like a savior.
In other words, in order to maintain his position and regain power, William II is the most likely person to collude with extremists like Hitler, just like Italy.
If European countries want to reduce the impact of the economic crisis, other than dumping it on their colonies, they can only launch a war and transfer the crisis abroad.
Because the area of European countries is generally small, the local area has been developed very well. During the economic crisis, it is impossible to develop the local area on a large scale because there is really nothing to do.
Countries with large areas like Australasia have more advantages. Just doing some infrastructure and major projects is enough to attract a large number of unemployed people and reduce the harm caused by the economic crisis to the country.
"The diplomatic department has contacted the British to discuss the possibility of transferring the economic crisis to the United States." Arthur thought for a long time before he gave the order: "Britain and France have invested a lot of factories and enterprises in Germany and Italy. I believe those greedy capitalists are unwilling to give up these assets.
We can cooperate with Britain to jointly transfer the pressure of the economic crisis to the United States, so that Americans will bear most of the economic crisis.
As for the American people, it depends on the help of the US president himself."
In capitalist countries, the interests of the country must be aligned with the capitalists. Under the premise that Britain and France have invested heavily in Germany and Italy, will the British and French governments immediately abandon Germany and Italy?
I am afraid not. Because those capitalists will not be willing, and the government's approach will make them lose all their money.
You know, in Europe and the United States, capitalists have never been vegetarians. Whether it is the shooting of the president of the United States or the removal of the prime minister of the United Kingdom, capitalists have done it, and more than once or twice.
It's nothing more than that when Americans learn the traditional skills of British capitalists, they seem a little rough and directly use assassination instead of impeachment and removal.
But in essence, Britain and the United States are still highly similar. The capitalists control a lot of power in the government, and the government has to consider the interests of the capitalists.
Foreign Minister Daze nodded and took on this task very seriously.
It is not easy to transfer the economic crisis to the United States. If you are not careful, you will be discovered by the United States and even directly ignite the economic crisis.
How to smoothly transfer the economic crisis to the United States and let the economic crisis break out in the United States is a question worth thinking about.
If it is only Australasia itself, such a big move as transferring the crisis is definitely impossible.
But with the help of the British, although it will not completely transfer the crisis to the United States, it is still possible to let Americans bear the main economic crisis.
Because compared with the United Kingdom, the economic development of the United States is more brutal, and the market is not subject to so much supervision.
In the United States, where races and ethnicities are very chaotic, it is still easy to do something about the economic aspects of the stock market.
Arthur did not let William participate in the action of transferring the economic crisis. After all, the risk of such a thing is too high, and it is not a good choice for royal family members to participate in person.
After selling his real estate company, William was ready to return to Australasia, leaving the place where he had stayed for more than half a month.
Of course, there was one more thing to do before leaving, which was to present gifts to the children of Duke George who were about to be born on behalf of Arthur, and to confirm the fact that Arthur became the godfather of Duke George's eldest son or daughter.
As time entered late April, Duke George's face was always smiling. He not only gained one of the most luxurious manors in London, but also was about to welcome the birth of his first child.
In order to protect Elizabeth's safety, she temporarily lived in Buckingham Palace, accompanied by the royal doctor at any time, waiting for the arrival of the royal family member in Elizabeth's belly.
On April 21, 1926, Duke George's eldest daughter was born smoothly, and Duke George named their daughter after Elizabeth.
William also gave Arthur his own gift, a gemstone necklace inlaid with precious jewels, which cost about 5,000 pounds.
Giving gifts on behalf of Arthur was the last thing William did in London. After finishing this, William returned to Australasia with Ajadine Blank on the ship.
Duke George, who had a daughter, did not know how his fate would change in the future, but no matter what, welcoming his first child was always a good thing.
After Duchess Elizabeth gave birth, Duke George took him to live in Mackenran Manor, Duchess Elizabeth's favorite manor.
The double happiness of moving to a new home and having a baby made the couple very loving, at least in the short term.
George V also rarely sent his blessings. After all, he also learned that the godfather of his granddaughter was Arthur, a person he had to respect.
Although this would not change the status of Duke George's family in the British royal family, others, including George V, had to pay more attention to Duke George's daughter.
Of course, George V had other ideas, such as inviting Arthur to become the godfather of the eldest son or daughter of Prince Edward in the future to deepen the connection between the two royal families.
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