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

Now Ferdinand is working on a project. What will happen if the economic crisis breaks out?
The economy is bound to erupt. This is the law in the capitalist market, and it is not under the control of Ferdinand. All he can determine is the time when the economic crisis erupts.
The United States is dead, London has become more prosperous, and Paris, Vienna and other metropolises have also become extremely prosperous. The three major financial capitals of the world dominate the international capital markets of this era.
Of course, London is still the most prosperous. British companies are listed in London. Several major autonomous enterprises still choose to list in London. Even North American companies have been forced to come to London to list.
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 crashes, it is difficult for Paris and Vienna to stand alone, and the outbreak of the world financial crisis becomes inevitable.
First of all, many people who play stocks will get stuck. Most people who play leverage will lose their money. Fools who borrow money to buy stocks can go to the building.
The greedy and unscrupulous little capitalists are about to go bankrupt, and many companies with fake performances are going to die.
Many banks have a lot of bad debts, and the mortgaged stocks are worthless. If they don't work well, they will run out of runs. Banks with insufficient strength will die.
The world economy 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, and the life of exporting companies is not good.
"You mean, this time the financial crisis broke out, Bulgaria will not have a wave of bankruptcy, right?" Ferdinand asked with concern.
"Yes, Your Majesty! The outbreak of the financial crisis has had a very small impact on Bulgaria. There are not many people in our country who buy stocks. No matter how they fall, they will not affect us.
What is troublesome is the economic crisis that accompanies the financial crisis, a large amount of wealth has evaporated, the purchasing power of the world will decline, and export trade will enter the cold winter! "Kennedy said grimly.
No Minister of Finance likes the economic crisis, which means disaster to government finances!
The economic crisis could have been delayed until 1932, but because of the royal interests, Ferdinand decided to advance the crisis.
This crisis must be detonated before his son comes to power, and then they appear to the public as a force to turn the tide, thereby establishing their status.
Anyway, just succeeded in the throne, and nothing was done. The black pot of the economic crisis can be thrown to the cabinet, and the public needs a punching bag.
When they are enough, the king will come out to clean up the mess.
This is not the same as Finland. The Grand Duchy of Finland under the control of the Russians has long lagged behind in economic development. The more backward the region, the less affected by the economic crisis.
"What about other countries? Like Britain or France?" Ferdinand asked with concern.
"His Majesty, both Britain and France are playing industrialization. They have transferred a large number of factories to Germany and Italy. If the economic crisis breaks out, they will definitely abandon their guards and pass the crisis on to Germany and Italy.
If the economic crisis is not serious, they can weather it by shifting the crisis. Kennedy replied
The most common economic crisis is simply because of overproduction and consumers don't have that much money to buy things.
As a result, there was a large backlog of products, the company's products could not be sold, and the funds could not be withdrawn. In the end, the companies closed down, a large number of workers became unemployed, and the unemployed workers also had no money to buy things ... thus creating a vicious circle.
This time is no exception. The capitalist world has begun to have excess capacity, and once the financial bubble bursts, everyone's purchasing power will continue to decline.
Once a vicious circle occurs, the economic crisis will fully erupt. Now if an economic crisis occurs, Britain and France will definitely give priority to keeping the country.
Then only Germany and Italy can be sacrificed. Too many products cannot be sold, and the capitalists will naturally reduce production or close their doors.
"Estimating the domestic industrial situation in Britain and France, as well as the capacity of foundries in Germany and Italy.
Just to judge, how much economic crisis they can withstand without the collapse of the domestic economy! Ferdinand thought for a while and said
"Your Majesty, I'm afraid it will take some time." Kennedy thought about it.
This is a very complicated issue. The British and French families are still very thick, and there are many factors to consider.
Passing on the economic crisis, this topic is no stranger to Ferdinand.
Later generations of Americans played very smoothly. For example, the most common type of devaluation of the US dollar is their best way to transfer the debt crisis.
Foreign debts amounting to tens of trillions of dollars are still unaffordable, and even paying interest is a problem.
It doesn't matter, they can print banknotes and use the dividends brought by the depreciation of the US dollar to easily offset the interest on these debts.
Another example: the square agreement directly brought down Japan and transferred the economic crisis in the United States to Japan.
Now there are also a lot of cards in the hands of Britain and France, and it is not impossible to print banknotes. As long as the British give up the gold standard, as the international currency, they can also play like this.
France has been playing for several years, but their franc's influence is smaller, and the dividends brought by the devaluation of currency have also prospered for so many years.
The price is from the original 1: 1 franc and Lev, depreciation to 10: 1, the international reputation of the franc fell, but the French still play very well!
This is the benefit of world currencies. After the currency depreciates, many countries around the world will help pay together, and this part of the loss will be shared by everyone.
Moreover, there are still a large number of colonies in the hands of Britain and France. The economic crisis does not affect the colonies. The markets in these places are still their own land.
With these markets propping up, and many companies can survive, the biggest damages from previous economic crises are the newly-emerged nations that have no colonial spillovers.
This was also one of the core factors of the outbreak of the First World War. This is also one of the reasons why many countries would rather run at a loss than give up colonies.
Everyone knows that Bulgaria ’s colonial policy is the real long-term security policy, but why do n’t everyone follow suit?
Isn't it because capital needs the market?
Bulgaria's capital also needs a market. Why can Ferdinand continue these policies without objection?
The reason is very realistic-the colonies in Bulgaria are too bad, so bad that there is no market!
This era is already the industrial era, and it is not the era of using glass beads for fur. Everyone needs to sell industrial products.
The earliest colonies in Bulgaria, apart from a few nomadic tribes, have nothing, and their purchasing power is not as good as a small town in the country, and they have no development value at all.
In this context, Ferdinand's colonial policy was not opposed, and Britain and France were different. If you want to follow suit, ask the capitalists who have already won to refuse to agree!
"Come slowly, this problem is not anxious, the economic crisis is not about to erupt, we still have time!" Ferdinand said calmly
"Your Majesty, if Britain and France pass the crisis on to Germany and Italy, I am afraid that the current European continent will be chaotic again.
Germany and Italy have not come out of the losses caused by the last war. With huge war compensation, the economic development of the two countries has not been good.
Once Britain and France shift the crisis, Germany and Italy will not have the ability to resist risks at all, and Germany is likely to have a civil war. Should we prepare early? "Constantine frowned.
If one of the three countries, Britain, France, and Bulgaria, does not want chaos in Europe, it is Bulgaria.
Unlike the limited British and French mainland, the Bulgarian colony is linked to the mainland. The 700,000 square kilometers of land will soon become more than 7 million square kilometers. In the future, it may become 13,400. 10,000 square kilometers.
With so many places to develop, Ferdinand should not worry about the economic crisis until the development reaches its limit.
The big problem is a big development, and the problem of overcapacity can be easily solved.
Now there is another question before everyone. After the economic crisis broke out, should Bulgaria be a savior.
As long as Bulgaria implements another grand strategy such as a ten-year plan, the destructive power of the economic crisis will be weakened a lot.
This situation is just like the five-year plan for Soviet Russia in history. Americans were forced to cooperate with Soviet Russians in order to weather the economic crisis.
Then, of course, very few smart people made money, and most of them were lost in their pits, and the Cold War that did not follow would not appear.
Not only Americans, including Germans, British, and French, have cooperated with Soviet Russia. They have made a profit or lost money, and only they know it.
Judging from the results, it should be that the Russians have made a lot of money. In the end, they not only succeeded in relying on their accounts to become the world's top powers, but also made it hard for capitalists to tell.
Originally, it was a secret transaction. Illegal smuggling was not only about killing your teeth and swallowing your stomach. What else could you do?
"Don't worry too much, even if there is turmoil in Europe, the first is Britain and France, no matter how they end their lives.
With so much investment in Germany and Italy, they are reluctant to give up? When are the capitalists so generous?
Do politicians dare to let go? So much money has been thrown into it. Once the economy returns to normal, will the capitalists continue to make money?
There was chaos in Germany and Italy. The first factory to suffer was the British and French factories. I don't believe they have a good opinion 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 politicians think, the capitalists have been locked up.
Almost half of the UK's factories have been moved to Germany and Italy, let them let go, aren't they kidding?
Which prime minister dares to do this, it is estimated that he will just go to see God just now. The American capitalist killed the president, but he learned from the British side. There are a lot of politicians who were "accidentally" killed in British history.
It ’s just that the American upstarts are a little bit inferior, they do n’t know the subtleties, and they directly send the peanuts to the public.
John Bull is much smarter. There are so many ways to kill. Why not pay attention to it, gentleman?
There are many such things, ancient and modern, Chinese and foreign.
For example, the Daming Empire. Because there were not a small number of historical military commanders who abandoned the emperor, the emperors in the Ming Dynasty suppressed the military commanders and replaced them with civilians who they thought they could control.
As a result, it was not expected that the civil servants would be even harder, and the generals were silly and abandoned emperors who were nailed to the pillar of shame by Shi Shu.
The civil servants are much smarter. They know that it is not suitable for them to kill them. The risk of abandoning the emperor is too great, and it is easy to be reversed later.
Therefore, they simply kept doing it forever ~ EbookFREE.me ~ annoyed them, and caused the emperor to have an accident, and all of a sudden reduced the risk.
If you look at the need to abandon the emperor, or how dangerous it is to rebel, the operation is very complicated. To connect too many people, the risk is too great. One of the bad ones is death.
Creating accidents is much simpler by comparison and can be planned by one person. At the right time, buying or threatening people in the palace to create an accident can be done.
Compared with playing waste Emperor, this risk is greatly reduced. Just be careful, even if the matter is exposed, you will not find it on your head.
Usually the former emperor died unexpectedly, and the successors did not dare to pursue it with enthusiasm. A bad rumor would appear that they murdered the former emperor.
The ministers have calculated their hearts, and in the light of the suspicion of who benefits, the majority of accidental deaths in the Ming Dynasty were the highest, except for the first few normal deaths.
The middle and late emperors were basically not poisoned or violent, or died of illness, and even more strangely fell into the water and died, basically in their thirties.
Later, the Qing dynasty learned the lesson and murdered civilian officials. Even if it was the leading party, they couldn't believe it. They completely cut off their ability to reach into the palace. The Qing emperor would have a long life.
In contrast, Europe is better, the king ’s rights are smaller, and basically no one wants to kill the king. After the constitutional monarchy, most of the government let the government go wrong.
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