Chapter 124 The Coming Economic Crisis

After this economic crisis, the industry and economy of various countries will be in a downturn for a period of time. This period is also a good opportunity for Spain's industry and economy to catch up.

Who should we catch up with? In fact, Spain's industry is currently at a level that is neither high nor low.

It is a little difficult to catch up with the big powers, and it has some advantages compared to countries like Belgium and the Netherlands. It is a little difficult to choose a goal to catch up with.

But as the saying goes, slogans must be shouted out. Whether we can catch up or surpass them is not important. What is important is that the slogans must be shouted out.

Setting a more difficult goal for the Spanish people can also unite the people and work hard for this goal.

Before the economic crisis broke out, the securities trading markets in Europe and the United States were prosperous for a period of time.

Carlo will naturally not let this opportunity pass by. This period of prosperity is also a great time for the royal family to make money.

The boom period is quite long. If we look at historical development, this period of prosperity will last at least more than a year.

During this period, as long as companies are registered and listed on the stock exchange, they can make a lot of money.

As long as they are related to railway and industrial enterprises, they can easily borrow large amounts of funds from banks for construction.

During this period, many countries did not have a national bank to manage the banking industry, and basically relied on private banks to issue national debt.

Although this has also promoted economic prosperity, this prosperity is too free and undisciplined and is obviously beyond the control of various countries.

The economic crisis broke out in this uncontrolled rapid economic and industrial development. Also because it was difficult to control the state's power in the early stage, the impact was relatively serious.

The reason why the National Bank of Spain was established so early was to control the development of the Spanish economy in a timely manner and to avoid the impact of the economic crisis as much as possible.

Of course, it's impossible to avoid it completely. But every reduction in influence will make Spain more powerful.

After all, economic crisis is inevitable for every country. While other countries are suffering from the impact of the economic crisis, if Spain can still develop stably, the gap will be further narrowed.

Since 1872, Carlo has asked people to enter the London Stock Exchange and the Vienna Stock Exchange to buy large quantities of shares in newly registered companies.

During periods of economic prosperity, the value of these stocks will maintain relatively stable growth. Basically, you won’t lose money as long as you buy it, which is why a lot of capital is going crazy.

Of course, it was this madness that accelerated the outbreak of the economic crisis. In order to ensure that the royal family's money could be withdrawn from the stock exchange safely, Carlo ordered the Royal Security Intelligence Service to investigate the situation in the United States and European countries.

As long as the industry and railway construction of various countries enter a stagnant stage, whether it is an accident or a precursor to an economic crisis, the royal family's capital must be withdrawn from the major stock exchanges in Europe.

Although a temporary withdrawal may lead to a reduction in income, it is still better than the money rotting on the stock exchange after the economic crisis broke out.

It is worth mentioning that after the alliance treaty between Spain and the Austro-Hungarian Empire was signed, Spain not only welcomed some Austrian capital, but also many immigrants from the Austro-Hungarian Empire.

In any case, the Austro-Hungarian Empire was the most populous country in Europe. In 1872, the population of the Austro-Hungarian Empire exceeded 37 million, which was more than twice the total population of Spain.

Although the relatively stable environment has allowed Spain's population growth to have made some progress compared to the period of Queen Isabel, due to the small size of the total population, the current total population of Spain is about 16.9 million.

After welcoming some immigrants from Italy and Austria-Hungary, Spain's population growth is expected to increase in the future.

However, it may take at least more than ten years to see Spain's population exceed 20 million.

At present, the Spanish government has no plans to introduce immigrants on a large scale, and most of the immigrants introduced are technical talents, including talents in education and medical care.

There is nothing we can do about this. Spain is originally a multi-ethnic country. If more people of other ethnic groups are introduced, it will definitely have an impact on Spain's stability.

Although the Spaniards make up the majority of Spain's total population, the Spaniards are also made up of Castilians and Aragonese.

Spain will not engage in large-scale immigration until it has completely assimilated the Catalans and Basques.

Except, of course, those populations in Latin America that were once Spanish colonies. Those people are also theoretically of Spanish descent, and they also speak Spanish, making it easier to assimilate into Spanish.

Currently, more than 30% of the immigrants Spain receives every year come from Italy, and nearly 20% come from the Austro-Hungarian Empire. In addition, almost 30% of immigrants come from other parts of Europe, and only 20% of immigrants come from the former colonies of Latin America.

Although the colonies in Latin America have become independent one after another, it is also necessary to have good relations with these independent American countries.

Spain has a natural advantage among these countries, and these countries are inherently closer to Spain. Carlo's goal was not to turn these countries into colonies again, but to cooperate with these countries to expand more markets for Spain's future industrialization.

As long as its influence on these American countries remains, Spain will still be the third colonial power after Britain and France.

This is also the reason why the United States launched the Spanish-American War in history. Although Spain lost most of its colonies in the Americas, it does not mean that Spain's influence has disappeared.

The dream of the United States is to build the entire Americas into the back garden of the United States. Naturally, it is impossible to allow a country with great influence like Spain to stand behind South American countries.

However, Carlo will not give the United States so many opportunities. In the future, when Spain becomes strong, it will not be afraid of the threat of Americans.

If Americans dare to challenge Spain's status, Carlo does not mind using Americans to re-demonstrate Spain's strength.

Spain's weakness is relative. Spain is not a weak country now, let alone Spain after the reform is completed and a stronger industry and economy are built.

Carlo is confident that Spain will regain the military strength of the great powers within 10 years and return to the throne of the great powers within 20 years.

There are still 40 years before the outbreak of World War I. When the World War I breaks out in this world, perhaps Spain has grown into a top power second only to Britain, France and Germany, and will naturally have the qualifications to play chess on the world chessboard.

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