Mediterranean Hegemony Road
Chapter 48, when a black hand
The Moroccan crisis is coming, and the French have already moved. Can the Germans endure it?
Ferdinand knew that if he could endure this, it would not be William II, but the Teenage Mutant Ninja Turtles!
To know that Germany also has great interests in Morocco, can the German monopoly and colonial groups tolerate their own interests being damaged?
Apparently the Germans are not far behind!
But can the French give in now?
There is no doubt that if the French government dares to make concessions on the Moroccan issue now, the French people will not mind changing the cabinet!
Of course, the crisis in Morocco has not yet erupted so quickly. Under normal circumstances, Germany and France will have to deal with each other for several months. Finally, they find that they can't reach an agreement, and then the conflict will break out.
Then pull in the Entente and the Allies together, and the two alliances will play together!
Well, the Moroccan crisis has appeared, and Ferdinand's hanging heart can be taken back, at least he doesn't have to worry that Germany and France really compromise!
As an emerging country, there is no one who doesn't want to break the current world pattern, and Bulgaria is no exception, but the Germans are too strong, otherwise Ferdinand really doesn't mind joining forces with them to divide the world!
However, there is no if in this world, and the strength of the Germans makes Ferdinand feel threatened. Once the Germans beat the French again, then the European continent is their world, so what about Bulgaria?
In contrast, it is much better to cooperate with Britain and France, which are now declining. Even if they kill the Allies, their vitality will be greatly damaged, and they will no longer be able to suppress Bulgaria's expansion!
And in order to suppress the rising Americans, Britain and France had to win over Bulgaria!
After all, after the First World War, even if Britain and France joined forces, they could only barely suppress the Americans militarily, and this advantage continued to weaken over time!
Britain and France want to maintain a huge colonial empire, and the Americans want to break this system and establish a new hegemony. Historically, the two sides have not fought, or the Soviet Union and Germany have risen too fast. Otherwise, it is likely that the Americans will challenge world hegemony!
...
Your Majesty, according to your instructions, the rubber stocks in our hands have been sold. From the current point of view, this crisis will not break out in a short time? Little Carl said doubtfully.
Affected by Ferdinand's butterfly effect, Bulgaria has become the largest automobile producer in Eastern Europe. The cheap cars and pickups he produced are very popular in the European continent.
The development of the automobile industry has naturally stimulated the rubber market. As the market has expanded and the demand for rubber has also increased, the crisis that should have erupted in 1910 has been delayed until now.
On the international market, rubber jumped from 2 shillings a pound in 1902 to 14 shillings a pound in 1910. At the end of 1910, rubber stocks in London also rose. A company issued shares, initially at 10 pounds per share, which rose to 260 pounds per share shortly after the issue.
Now that he knew this, how could Ferdinand let it go? So there is another bookmaker in the international market. After all, Ferdinand can now manipulate the Bulgarian market?
For such a powerful speculator to enter the market, how could the London bankers refuse? Otherwise, Ferdinand will do something wrong and let the market crash ahead of time.
They will be stuck!
For such financial hype, Ferdinand has no pressure. Anyway, Bulgaria has not yet opened up the financial market. Even if a financial crisis breaks out all over the world, the impact on Bulgaria will be minimal.
Oh, to be on the safe side, Ferdinand would not be foolish enough to buy rubber stocks. At most, he would use financial means to issue stocks as an agent and earn the middle price!
Of course, it is also a good choice to open a few rubber companies and bring them to the market. Now, most of the stocks he has sold by Carl Jr. are his own.
To put it simply, Ferdinand took advantage of the current lax supervision of the financial market and directly sold most of the shares in his hands.
Under normal circumstances, this cannot happen, and the stock exchange is not stupid, how could it not be discovered? But it's the early 20th century, and many big names in London are involved, so how could it be possible to bring down each other?
Although he still controls the company, in fact, the shares in Ferdinand's hands are no longer a major shareholder. If someone wants to swallow his company, he only needs to buy shares in the market.
However, the current market price has exceeded the actual value of the company by dozens of times. If any idiot wants to buy it, Ferdinand would not mind selling the last shares in his hand!
Ferdinand smiled and said: You can't compare to your father in terms of little Carl! If it were him, he would never ask such a stupid question, when will the crisis break out, and why must we follow the laws of the market?
Can't it be done manually? Think about it, if someone announces that synthetic rubber technology has made new breakthroughs, or that the growth rate of global demand for rubber in the future slows down, can rubber still maintain its current price?
If the price can't be kept, the stock will naturally be worthless, and of course a new crisis will break out!
Ferdinand's words made little Carl Moused open, and his world view is undergoing a new change. This is mainly because his previous work has nothing to do with finance, and he has no experience in these operations.
Oh, there are not many talents in this field in Bulgaria now! In order to encourage industry and avoid a situation in which a large amount of funds such as Britain and France are concentrated in the financial industry, Ferdinand has been taking measures to suppress the financial industry for a long time.
Bulgaria now has no domestic stock exchange, and domestic companies are also prohibited from listing abroad. Even large-scale stock issuance is illegal financing. Naturally, not many people are interested in this!
Even if it is difficult to raise funds illegally, Bulgarian law stipulates that any fund-raising behavior must be completed under the supervision of the government, otherwise it is illegal fund-raising, and the government will directly confiscate and hold the parties accountable.
In this context, who would be foolish to raise funds for you privately? If it is caught, it will be confiscated. This retrospective period is still forever, even if the income is high, it is useless, right?
Without the cash cow of the financial market, domestic capitalists can only honestly invest in industries. Of course, their dream of getting rich overnight has also been cut off.
After all, in the financial market, it is possible to increase assets several times or dozens of times in a year!
But investing in industry, no matter how hugely profitable it is, it is impossible to have hundreds or even thousands of profits? Under normal circumstances, it is only a dozen points, or an annual profit of dozens of points!
Therefore, compared with international capital, the wealth of Bulgarian capitalists is really nothing! Of course, the gap between the rich and the poor in Bulgarian society is far less than that in the capitalist world!
I have to say, habit is a good thing! Bulgarian capitalists have always been engaged in industrial investment, and everyone is dismissive of the skyrocketing stock market abroad!
The slogan that Ferdinand has always shouted is Doing hard work to rejuvenate the country, empty talk will ruin the country. In the eyes of many Bulgarians, the stock market is false because it cannot create value!
Oh, so the capitalists born and raised in Bulgaria are often looked down upon by the international capitalists, thinking that they are all buns and have never seen a big market.
But it doesn't matter, you don't like me, and I don't like you either! How can you vampires in the financial markets compare to us socially responsible industrialists?
Now the Bulgarian capitalists have formed their own system and continue to walk on the road of industry firmly, and everyone is dismissive of speculation!
To a certain extent, Ferdinand's purpose was also achieved. Capital is profit-seeking, and they can't help but flow to the most profitable places.
But when the Bulgarian capitalists clearly appeared as industrial capitalists, they separated from the international financial capitalists, and also attracted capitalists with the same viewpoints to come and unite.
This is very beneficial to the economic development of Bulgaria. After all, the jobs created by investment and industry are far from what the financial industry can compare!
...
Time flies, and soon after Ferdinand withdrew from the rubber market, German scientists announced a new breakthrough in synthetic rubber technology, and also showed the outside world a car tire made of synthetic rubber.
This is undoubtedly a blow to the hot rubber stock market. The rubber stocks on the London stock market fell on the same day, but they slowly began to recover after a few days!
Well, as early as 1880, William II showed off car tires made of synthetic rubber just like the outside world, but it couldn't be mass-produced!
This time is actually similar. Of course, there is still some progress. This kind of synthetic rubber can already be mass-produced, but the cost is not to mention, it is unaffordable anyway!
However, it can still be used to fool the investors!
Then Bulgaria, the United States, the United Kingdom, Germany and other major rubber importing countries in the world announced to the outside world that the purchase volume of rubber will remain unchanged in the coming year.
This news is really deadly, more serious than the emergence of synthetic rubber, which means that the market is saturated and the golden age of the rubber industry is over.
As for the previous synthetic rubber, everyone knows that it will not be able to be introduced to the market in a short time, and it will not affect everyone's interests in the short term!
Under the blow of a series of bad news, the stock market could no longer hold back. The market value of rubber stocks on the London stock market was evaporated by one-fifth that day, and it continued to fall. The rubber crisis broke out!
In less than a month, rubber stocks on the London stock market fell by 95%, and many stocks fell below the issue price!
At the same time, Shanghai, a financial market far in the East, cannot be alone! Since the supervision of the Manchu Qing government is about zero, the impact in Shanghai is more tragic than in London!
Not only has the stock market been hit hard, but more importantly, the bank has also been hit, and the private financial industry has been hit hard! In less than a year, the number of banks in Shanghai has decreased by more than half.
Ferdinand pretended not to see all this. Anyway, it was all caused by greed, and no one could control it. The real poor don't know how to play stocks. They don't even have the principal!
Oh, Ferdinand still has a conscience. After the collapse of the rubber stock, his company also announced a high-profile repurchase of the stock market.
Of course, this price is naturally the price of cabbage! It's good if someone buys it now, don't you see that most of the stocks have become a pile of waste paper?
Of course, as one of the black hands behind the scenes, it is naturally impossible to just make profits in the stock market! Didn't see it, why didn't Ferdinand even bother to short?
Oh, it's not that Ferdinand has a conscience, it's mainly that he is a big tree to attract wind. This kind of hatred should be left to the consortium to show the limelight. He can hide behind and make a fortune.
After the hype made a fortune, he just waited for the last dip. Anyway, the capitalist world has always been involved in the whole body, and other industries are also inevitably involved.
Rather than vying for food with consortia on the rubber stocks where everyone's attention is focused, why not expand into other industries?
Oh, these are also negotiated by everyone in advance, each carves up a piece of meat, and can't fish out of bounds. If there is competition, can this still be called bargain hunting?
Well, taking this opportunity, before the crisis broke out, Ferdinand also took the opportunity to sell a lot of properties in Europe, especially in the location of major wars in history, and it was a priority to withdraw!
This is also a big trouble for a big business, and you must be careful if you want to withdraw capital. Otherwise, if it is discovered, the capitalists of this age are not easy to talk about.
Fortunately, it was only 1911. The contradiction between the two sides was not too deep, and there were no signs of a world war. If Ferdinand wanted to withdraw his capital before the outbreak of the world war, how many favors would he have to take?
As for the fief, to be honest, Ferdinand really wanted to tear it apart and sell it! Oh, no one can afford it without tearing it down!
Unfortunately, this is not possible! Selling one's ancestral property is not a glorious thing, either in the East or the West, and will damage Ferdinand's flawless reputation.
You can make more money if you don’t have money, but if you don’t have fame, you really don’t have it! Ferdinand could only watch with pain, his ancestral property worth tens of millions of pounds gradually drifted away from him!
No, just leave temporarily. After the end of the world war, the small country that has just become independent probably will not have the courage to attack his ancestral business, right?
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