Vol 5 Chapter 149: , The possibility of passing on the crisis

A genius remembers the address of this site in one second: (Vertex Chinese), the fastest update! No ads!? Now Ferdinand is working on a topic, if the economic crisis breaks out, what will be the consequences?
The economy is bound to erupt. This is the law of the capitalist market and is beyond the control of Ferdinand. All he can determine is the time when the economic crisis erupts.
The United States is over, London has become more prosperous, Paris and Vienna have also become exceptionally prosperous. The world's three major financial capitals dominate the international capital market of this era.
Of course, London is still the most prosperous. British companies are listed in London, and companies from several major dominions still choose to list in London. Even North American companies are forced to come to London for listing.
So now Ferdinand's eyes are still on London, while the markets in Paris and Vienna are much smaller and the bubbles are much smaller.
Once the London stock market crashed, it would be difficult for Paris and Vienna to survive alone, and the outbreak of the world financial crisis became inevitable.
First of all, many people who play with stocks will get stuck. Those who play with leverage will probably lose their money. Those fools who borrow to buy stocks can jump off the building.
The greedy but visionless small capitalists are about to go bankrupt, and many companies that falsify their performance will be destroyed.
Many banks have to put out a bunch of bad debts, the mortgaged stocks are worthless, or there will be a run crisis, and the banks with insufficient strength will die.
The world is about to enter the era of the Great Depression, and it is difficult for all countries to survive alone. The situation in Bulgaria is better, at least there is no financial crisis, that is, life for export companies is not easy.
"You mean, this financial crisis breaks out, there will be no bankruptcy in Bulgaria, right?" Ferdinand asked concerned.
"Yes, Your Majesty! The outbreak of the financial crisis has very little impact on Bulgaria. There are not many people in our country who buy stocks. No matter how the decline is, it will not affect us.
What's troublesome is the economic crisis following the financial crisis, the evaporation of wealth, the world's purchasing power will decline, and export trade will enter a cold winter! "Kennedy said with a gloomy face
No chancellor likes economic crisis, which means disaster to government finance!
Originally, the economic crisis could be delayed until 1932, but because of the royal family's interests, Ferdinand decided to advance the crisis.
This crisis must be detonated before his son takes power, and then they appear before the public in an image of turning the tide, thereby establishing their status.
Anyway, I have just succeeded, and nothing has been done. The economic crisis can be left to the cabinet. The people need a punching bag.
When they have had enough trouble, the king will come out to clean up the mess, which is the best choice.
This is different from Finland. The Grand Duchy of Finland under the control of the Russians lags behind the times in economic development. The more backward the region, the less impacted by the economic crisis.
"What about other countries? For example, the United Kingdom, or France?" Ferdinand asked concerned.
"Your Majesty, Britain and France are both playing de-industrialization. They have transferred a large number of factories to Germany and Italy. If the economic crisis breaks out, they will definitely abandon their soldiers and protect them and pass the crisis on to Germany and Italy.
If the economic crisis is not too serious, they can get through it by shifting the crisis. "Kennedy replied
The most common economic crisis, to put it simply, is due to overproduction and consumers do not have that much money to buy things.
As a result, there is a huge backlog of products, the products of enterprises cannot be sold, and the funds cannot be returned. In the end, enterprises close down one after another, and a large number of workers are unemployed, and the unemployed workers also have no money to buy things. This creates a vicious circle.
This time is no exception. The capitalist world has already begun to experience overcapacity, and once the financial bubble bursts, everyone's purchasing power will continue to decline.
Once the vicious circle occurs, the economic crisis will break out in an all-round way. Now if there is an economic crisis, Britain and France will definitely give priority to keeping the country.
Then we can only sacrifice Germany and Italy. The products are too much to be sold, and the capitalists will naturally reduce production or close the door.
"Estimate the domestic industrial situation in Britain and France, as well as the production capacity of foundries in Germany and Italy.
Let us judge how much economic crisis they can withstand without the domestic economy crashing! "Ferdinand thought for a while and said
"Your Majesty, I'm afraid this question will take some time." Kennedy thought for a while and said
This is a very complicated issue. The British and French families are still very solid, and there are many factors to consider.
Passing on the economic crisis is no stranger to Ferdinand.
Later generations of Americans played very smoothly. For example, the most common type of devaluation of the dollar was the best way for them to transfer the debt crisis.
The foreign debt of tens of trillions of dollars is still unrepayable, and even the payment of interest is a problem.
It doesn't matter, they can print money and use the dividends brought by the depreciation of the US dollar to easily offset the interest on these debts.
Another example: The Plaza Accord directly brought down Japan and transferred the US economic crisis to Japan.
Now Britain and France have a lot of hole cards, and printing money is not impossible. As long as the British abandon the gold standard, they can play in the same way as an international currency.
France has been playing for several years, but the influence of their franc is smaller. They have also prospered for so many years thanks to the dividends brought by currency devaluation.
The price is that from the original 1:1 franc and lev, depreciation to 10:1, the international reputation of the franc declines, but the French are still very happy!
This is the benefit of a world currency. After a currency depreciates, many countries around the world will help pay for it. This part of the loss will be shared by everyone.
What's more, there are still a large number of colonies in the hands of Britain and France. The economic crisis will not affect the colonies. The markets in these places are still their own reserves.
With these markets supported, and many companies can survive, the ones that suffered the most from the previous economic crises were the newly emerging countries without colonial flooding.
This was also one of the core factors in the outbreak of the First World War. It was the colonies that the great powers fought for hegemony. This is one of the reasons why many countries would rather operate at a loss than abandon their colonies.
Everyone knows that Bulgaria’s colonial policy is the real long-term security policy, but why don’t you follow suit?
Isn't it because capital needs a market?
Bulgaria's capital also needs a market. Why can Ferdinand carry out these policies without any opposition?
The reason is very real-the Bulgarian colony is too bad, so bad that there is no market!
In this era, the industrial era is already here. It is no longer the era of using glass beads for fur. Everyone needs to sell industrial products.
The earliest colony in Bulgaria has nothing but a few nomadic tribes. The purchasing power is not as good as that of a small town in China, and it has no development value.
Against this background, no one opposed Ferdinand’s colonial policy. Britain and France are different. If you want to follow suit, first ask the capitalists who have already profited whether they will agree to it!
"Come slowly, this problem is not urgent, the economic crisis is not about to break out, we still have time!" Ferdinand said calmly
"Your Majesty, if Britain and France transfer the crisis to Germany and Italy, I am afraid that the current European continent will be in chaos again.
Germany and Italy have not yet recovered from the losses in the last war. Coupled with huge war reparations, the economic development of the two countries has not been very good.
Once Britain and France transfer the crisis, Germany and Italy will not have the ability to resist risks at all. It is very likely that a civil war will break out in Germany. Do we have to prepare early? "Constantine frowned and said
If it is said that among the three countries of Britain, France and Bulgaria, who least wants chaos in Europe, the first is Bulgaria.
Unlike Britain and France, where the mainland is limited, the Bulgarian colony and the mainland are connected together. The mainland of more than 700,000 square kilometers will soon become more than 7 million square kilometers, and it may become 1,300,400 in the future. Ten thousand square kilometers.
There are so many places that can be developed. Ferdinand should not worry about the economic crisis before the development reaches its limit.
The big deal is a big development, and the problem of overcapacity can be easily solved.
There is still a question before everyone. After the economic crisis broke out, should Bulgaria be a savior.
As long as Bulgaria develops another grand strategy such as a 10-year plan, the destructive power of the economic crisis will soon be greatly weakened.
In this situation, just like the Soviet Russia’s five-year plan in history, the Americans were forced to cooperate with the Soviets in order to survive the economic crisis.
Then, naturally, a very small number of smart people made money, and most of them were left without money. Otherwise, the cold war will not appear.
Not only the Americans, but also the Germans, the British, and the French have cooperated with the Soviet Russia. Only they know whether they have made a profit or lost.
Judging from the results, it should be the Russians who made a lot of money. In the end, they not only succeeded in failing to account, and became the world's top power, but also made the capitalists hard to tell.
It was originally a secret transaction, an illegal smuggling transaction, what else could it do besides losing a tooth and swallowing it in the stomach?
"Don't worry too much. Even if there is a turmoil in Europe, Britain and France will bear the brunt, no matter how they dock their tails to survive.
Are they willing to invest so much in Germany and Italy? When have the capitalists been so generous?
Do politicians dare to let go? So much money has been poured into it. Once the economy returns to normal, will the capitalists continue to make money?
There was chaos in Germany and Italy. The factories in Britain and France were the first to suffer. I don't believe they have a good impression of these sweatshops! "Ferdinand said gleefully
This is also one of the reasons why he is not afraid that the British support Germany and Italy to disrupt Europe. No matter what the politicians think, the capitalists are already locked up.
Nearly half of the factories in the UK have been moved to Germany and Italy and let them go. Isn't it a joke?
Which prime minister dared to do this, it is estimated that he will go to see God just now. American capitalists killed the president, but learned from the British. There are many politicians who died "accidentally" in British history.
It's just that the nouveau riche in the United States, the methods are a little bit too inferior, and they don't know how to be subtle, and they directly serve peanuts, which is well known.
John Bull is much smarter, there are so many ways to kill, why not pay attention, gentlemanly?
There are many such things in ancient and modern China and abroad.
Take the Ming Empire, for example, because there were not a few historical military commanders who would invalidate the emperor, the emperor of the Ming Dynasty suppressed the generals and replaced them with civilian officials who they thought were easy to control.
As a result, I did not expect that the civilian officials were more ruthless, and the generals were all stupid and straight-forward Fei emperors. UU Reading www.uukanshu.com was nailed to the pillar of shame by historical books.
The civil servants are much smarter, they know that the big killing is not suitable for them, the risk of abolishing the emperor is too great, and it is easy to be reversed later.
Therefore, they simply didn't do two things at all, annoyed them, let the emperor have an accident, and suddenly reduced the risk.
Look at how dangerous it is to abolish the emperor, or how dangerous it is to rebel. It is also very complicated to operate. Too many people are connected together, and the risk is too great. If one is not good, it is death.
Making accidents is much simpler in comparison, and one person can plan. At the right time, you can buy or threaten someone in the palace to create an accident.
Compared to playing the wasteful emperor, this risk is greatly reduced. Just be careful, even if things are exposed, you won’t be able to find out.
Usually the previous emperor died unexpectedly, and the successors did not dare to pursue it with great fanfare. If it is not good, there will be rumors that they murdered the first emperor.
The ministers all calculated the hearts of the people, and the suspicion of who benefited the most, so the accident mortality rate in the Ming Dynasty was the highest, except for the first few normal deaths.
The emperors in the middle and late stages were basically either poisoned or died suddenly, or died of illness, and even more weirdly falling into the water. They basically died in their thirties.
Later, the Qing dynasty learned a lesson and slaughtered the civil official group. Even if it was the leading party, they couldn't believe it. They completely cut off their ability to reach into the palace, and the Qing emperor would have a long life.
In contrast, Europe is better. The king’s rights are smaller. Basically, no one wants to kill the king. After the constitutional monarchy, most of the governments are left behind.
...
Genius remembers this site address in one second: .. Mobile version reading URL: m.