Chapter 737: Make up the knife

In the face of the joint attack of the British Austrian Capital, the French government did not raise its hand to surrender, and Napoleon IV showed a courageous side.
First, it called on domestic companies to withdraw investment from overseas, increase foreign exchange reserves, and buy francs in the international market.
Then an administrative order was issued prohibiting domestic banks from lending francs to international hot money. To this end, they also personally interviewed several domestic consortia.
No one knew exactly what was talked about. Anyway, after being interviewed by the emperor, the people in the French financial industry had a lot of rules.
Many people also symbolically took out funds to join the resistance army.
It's too late at this time, and the offensive party has hoarded a large number of francs. Even if the domestic consortium is watched, it will not help.
All in all, the Paris government has performed well in responding to the crisis, and the response measures have been timely.
Unfortunately, the root cause of this crisis is the serious shortage of foreign exchange and gold reserves in France. If this problem cannot be solved, the crisis cannot be rid of.
Theoretically, France has a lot of investment abroad. As long as one-fifth of it is withdrawn, it can survive the crisis.
However, it is now the 19th century, not the 21st century. If you want to withdraw funds from overseas, it is not possible to complete it in a day or two.
Time does not wait for people to wait for the return of overseas funds, and the French government ’s foreign exchange reserves are about to bottom out.
The Paris government was in a hurry, and if it continued, it would take a few days to fill the pit with gold reserves.
The French government ’s gold reserves were inadequate, and a large-scale outflow of gold will definitely cause the value of the franc to collapse. Rather than surrender now.
...
Palace of Versailles, Napoleon IV has no longer the spirit of the past, and the whole person is depressed a lot.
Obviously, this crisis hit him a bit, and the French Empire was not as powerful as he thought.
Minister of Economic Affairs Elsa: "We have limited the amount of each exchange, but the number of people who come to exchange every day is still increasing.
The panic has been caused, the market is not optimistic about the future of the franc, and there are more and more short positions in the financial market.
According to the current situation, if there is no other force to join, the market crash will sooner or later. "
Facing the offensive of British Olympic Capital, is there still a force in this world that can compete?
The answer is: yes.
Although the French consortium is slightly weaker than the British and Austrian capital, but the British and Austrian capital has not fully invested in it. If the French consortium joins the garrison army, it will be a local operation. With the strength of the French government, they will have a battle.
After hesitating for a moment, Napoleon IV slowly said, "Send another person to talk to the domestic consortium, and other issues are easy to discuss, only the coinage right can not be discussed.
Tell them that if they still refuse to make concessions, we will compromise with Yingao Capital. At that time, no one should think about it. "
The French consortium is willing to cooperate with the British Austrian Capital Action. In addition to the financial market's gains, it is more to persuade the Paris government to make concessions.
If the franc crashes, it will not necessarily be a good thing for the French consortium.
In the short term, they may be able to speculate to make more money, but this will lose the future.
The franc loses its status as an international currency, and the French consortium would have to greatly increase its costs if it wanted to go overseas.
Of course, this doesn't scare them. Most capitalists don't consider that long-term. Many local-based consortia have little interest in internationalization.
But nobody threatened to ignore the threat of Napoleon IV.
If the French government compromises directly with the British Olympic capital and invites the wolf into the room to put the British Olympic capital in, it will be fatal.
Nothing is impossible in front of the interests. The French government needs stability, and British Austrian Capital needs interests.
After ignoring political factors, the possibility of compromise between the two sides is very high.
As long as you can achieve the goal and get the share of income you expect, it doesn't matter if the French capitalists are defeated.
Don't look at the financial turmoil that Franz did. He actually has gathered capital from all over Europe at this time, and has long exceeded Franz's control.
Even if the British and Austrian governments halt together, they may not work.
Real gold and silver have been invested in it, and if they do not get any benefits, they want to let the capitalists stop. How is this possible?
...
"Stock disaster + financial crisis + overcapacity = economic crisis", this group of calculations is not necessarily 100% accurate, but there are still 99.9%.
First, the British Olympics dumped France's products, and then caught up with the stock market disaster. Before the French breathed, British Olympics launched an attack on the financial market.
By linking all these things, we can draw a conclusion-the crisis of external transfer.
The most serious overcapacity is the two industrial countries, Britain and Austria. Even if an economic crisis breaks out, these two countries will also suffer the most.
The UK and Austria are not only facing overcapacity, but also overcapital. Just after sending out a war fortune, capitalists in both countries are rich.
Under normal circumstances, everyone would invest these funds instead of putting them in banks to earn interest.
Unfortunately, the world is now facing overcapacity, and investing in any industry is a disaster.
However, the British and Austrian countries, which should have suffered the most out of the crisis, had not yet had a crisis, and France had a problem first.
Vienna Palace, looking at the information in his hand, Franz was relieved.
Friends of the dead are immortal, and Austria wants to survive this hurdle, and transferring crisis is an indispensable part.
Throughout the world, is there a better target than France?
Without taking advantage of the lack of response from everyone, pulling the British together to suppress France, there will be no chance in the future.
No matter how low-key Franz is, it is only a matter of time before Austria ’s threat theory surpasses France ’s threat theory. At that time, Britain and France will work together to combat Austria.
Now that he has hacked the French in advance, this hatred value can push the time of Britain and France closer together for many years.
This time the hatred is too great. If nothing unexpected happens, the Anglo-French, Austrian, and Tri-National Alliance will end soon after the crisis.
While shifting the economic crisis, it also hit the largest competitor on the European continent. Franz's evaluation of this operation was "perfect".
Putting down the information in his hand, Franz ordered: "Let our people add a fire in the dark to make this financial war even bloodier.
In particular, we must focus on cracking down on French heavy industry. Many French steel mills are still struggling to support them. We should help them.
Continue to exceed the high international coal price, and if necessary, ban domestic coal exports, let the French continue to study charcoal steelmaking technology!
By the way, let people release the news in France, and throw the blame on the incident to the British. "
Heavy industry is the most important and most vulnerable industry in France. Limited by the lack of coal resources, even by 1881, a considerable number of French companies still used charcoal to make iron.
As for "charcoal steelmaking technology", that is a joke. After many improvements by the French, charcoal steelmaking technology has stabilized.
It's really stable, and the pass rate is over 10%. Not to mention quality, anyway, Britain and Austria do not recognize that stuff is steel.
Knowing that this is not possible, French companies can only brace themselves. There are only a few places of steel production in Europe, which are not under French control.
Originally, the Rhineland region was the most suitable place for the production of raw materials in France. Unfortunately, after the Putra territory was traded, most of the coal mines in the Rhineland region fell into the hands of the British and Austrian consortium.
This year, the consortium has not given up the physical industry, and both sides have their own factories, so they naturally want to crack down on competitors.
The two sides tacitly controlled coal production and artificially raised international coal prices in order to make huge profits.
If anyone counts, they will be surprised to find that the country that exports the most coal resources to France is actually inconspicuous Belgium.
In this context, France's coal-consuming companies have a hard time. The easiest way to crack down on French industry is to raise coal prices.
Tossing the pot to the British is not an injustice, indeed, the capital army that attacked the francs is indeed the most British capital.
Whoever has the most money is the boss; whoever gets the most benefits is the culprit.
In any case, the suspects of the British are the biggest. Said they were not the mastermind, it is estimated that the French people would not believe it.
As for Austria, despite the active participation of Franz, he cannot hold back the deep foundation of the British, and the funds mobilized are far from John Niu.
Right from the start, the dominance fell into the hands of the British consortium. The Austrian consortium can only follow suit, and its role may not be comparable to the French consortium. The biggest contribution is probably the formation of this bureau.
...
Franz's decision gave the French economy a final shot.
The first to fall were not the dying steel companies, but the much-anticipated Moore Textile Group.
Make a big move, compared to those steel companies that have lost money all year round, everyone still prefers Moore Textile Group, a company with strong profitability.
Internationally, it was blocked by British textile companies, and downstream sales channel dealers breached the contract. At the same time, domestic consortiums were scrutinized. Not only did loans fail, but also a number of slapsticks in which the sellers were in arrears.
Forced helpless, in the end they can only go against the sellers, but the trial has not yet begun, Moore Textile Group, which has broken cash flow, has to declare bankruptcy and reorganization.
The famous Moore Textile Group was eaten by a group of giant crocodiles during the reorganization, leaving only a mess.
This is just the beginning. It is more than a Moorish textile group that is being followed by the consortium. Watching international capital gallop in the financial market, the French consortium is also eating meat.
Valuable companies are divided up and eaten away, and companies without value can only really go bankrupt, the wave of bankruptcy spreads, and the economic crisis erupts in France.
...
(Note: There are no electronic devices, all are manual operations. There is a very big difference between the financial model and future generations. Especially in terms of transaction speed, it is impossible to hit a few hundred million keystrokes at once.)
If you like the Holy Roman Empire, please collect it: (EbookFREE.me) The Holy Roman Empire has the fastest literature update.