Mediterranean Hegemony Road

St. Petersburg, Nicholas II has not been in a good mood for a long time. After a series of blows, he has matured a lot now. At least he can suppress his anger and not explode at any time!

But when he saw the telegram from Sofia, he couldn't help but feel angry. In Nicholas II's view, the Bulgarian government was undoubtedly taking advantage of the fire, but it even hit seven inches above the Russian Empire!

Nicholas II is having a hard time right now, in part because of money, and a long war has devastated the economy of the Russian Empire.

The economic situation is not good, and the government's fiscal revenue is naturally not high. In addition, the previous attack on capitalists has confiscated many factories. After learning from Bulgaria's successful experience, a bunch of state-owned enterprises have been added.

It's a pity that they only learned superficial skills, and the system has brought in the tricks of the tsarist government. Instead of bringing him profits, these enterprises have been in a state of loss.

In order to keep employment, Nicholas II had to grit his teeth to keep these companies from going bankrupt.

In this loan negotiation, Nicholas II VI wanted to use these companies as mortgage loans, but unfortunately the Bulgarian government was not fooled at all, and all the land was approved!

One Bessarabia was not enough, and he set his sights on the Crimean Peninsula, which made Nicholas II very embarrassed.

Rationally speaking, the current Crimean Peninsula has also lost its original value. It is impossible to rush into the Mediterranean from the Black Sea. It is better to sell it for money!

But emotionally, giving up the Crimean Peninsula is equivalent to giving up the Black Sea. You must know that the Russian Empire has fought with the Ottoman Empire for hundreds of years for the Black Sea, and the achievements of a hundred years have been lost in one go, which is really unacceptable!

...

Sofia Parliament Building, the ten-year plan review meeting is still going on, and now the discussion is on financial issues,

Bulgaria has shown so far, and only three banks are too few.

Many people know that the government must open up capital to the banking industry, otherwise the monopoly of the three major banks will become more and more consolidated over time, such as domestic economic development.

The host, Rolex Dodd, stepped onto the podium and said, The topic today is finance. Everyone knows that there are only three banks in Bulgaria, and many outsiders are criticizing our banking monopoly.

This problem must be solved. The government planned to carry out financial reform a few years ago, but the financial tragedy of the Russian Empire delayed this process.

Everyone knows about the civil war in the Russian Empire, and has heard of the financial crisis that led to the civil war, but few people know the ins and outs in detail.

From what we know, the financial crisis of the Russian Empire was man-made. The reason is very simple. The world war has made many Russian capitalists war money, but people will not be satisfied.

The appetite of the capitalists is getting bigger and bigger, and finally they have penetrated into various industries. In order to obtain high profits, they will bring substandard products to the market to be shoddy, and the weapons of the army have become disposable items. This is also the case. The main reason for the failure of the Russian Eastern Front.

At the same time, in order to obtain high profits, they hoard and artificially create market shortages. To this end, they poured milk into the river and disposed of the grain as garbage.

All of these have solid evidence. They were born in central Siberia and the southern Caucasus, and some reporters took photos, which caused a sensation in the world at that time.

The reckless behavior of the capitalists eventually led to the suppression of the tsarist government. In order to retaliate against the government, they started this financial war.

The bankers in the Russian Empire deliberately created accidents, and then used this as an excuse to declare bankruptcy, ditched the money of their depositors, and finally caused a national financial crisis.

The aftermath of the financial crisis was the collapse of the mighty Russian Empire, now divided into three governments.

We can't forget the lessons learned from the past. When such a thing happened, our financial reform has also been delayed. After all, the safety of funds is the first.

The three major domestic banks are at least impeccable in terms of reputation. The government does not charge their deposits. Each of their banks has hundreds of tons of gold lying in the treasury. These are the best deposits.

Therefore, the financial reform plan formulated by the Bulgarian Ministry of Finance has comprehensively considered these factors. For the safety of depositors' funds and the financial safety of the country, we have raised the entry threshold, which is higher than that of all countries in the world. a lot!

Article 1. All banks operating in Bulgaria must pay 200 tons of gold as a guarantee. If the bank wants to leave, the government will refund it after liquidation;

Article 2. The flow of funds of the bank must be supervised by the government, and the outflow of large amounts of funds must be reported to the government;

Article 3. The instigation of the bank must be a citizen who has lived in Bulgaria for a long time, and the social contribution rate shall not be lower than the average level of society, and hold a large amount of fixed assets in Bulgaria. The spouse and parents of the children must also be long-term residents of Bulgaria;

Article 4. Foreign banks conducting business in Bulgaria do not require the identity of shareholders, but must ensure good reputation and submit a deposit of at least 300 tons of gold to the government;

Article 5. If there are foreigners among the shareholders of the bank, it will be regarded as a joint venture bank, and will be subject to the dual constraints of the foreign bank management law and the local bank management law at the same time;

Article 6. Any stocks and securities of the bank must be held responsible for its authenticity. Once there is a problem, the bank will be jointly and severally liable;

 …”

Where is this strict? It is clear that latecomers are not allowed to enter. Given this series of conditions, how many can have the strength to open a bank in Bulgaria?

It can be said that as soon as this news is announced, those who are gearing up for a big fight will be disappointed. Under so many restrictions, they still want to fish in troubled waters?

Yes, pay the gold first! At the current rate of currency, the banknotes printed with 200 tons of gold are enough to fill the hole created by the bank.

After a pause, Rolex Dodd spoke again: Members who have doubts now, please raise your hand! ~~ The first gentleman on the right hand side of the third row, please speak!

The named member stood up and said, Dear Mr. Harrow, I would like to know how many consortiums are qualified to open banks in terms of the restrictions set by the government?

If there is no family, is it necessary for us to set these conditions? Isn't the government deliberately setting restrictions to protect monopoly?

Minister of Finance Harrow Gilsmore replied with a smile: This gentleman, please note that there are several banks that meet the requirements for opening a bank. This is not important. The Bulgarian government serves all citizens, not a consortium. !

Secondly, is this the government deliberately setting restrictions? The question is very simple. Without these restrictions, can we guarantee the safety of depositors' funds?

The purpose of the Bulgarian government is to give priority to ensuring the interests of all the people. It cannot ignore the interests of everyone for the sake of a certain interest group or individual interests!

For ordinary people, it doesn't matter how many banks there are or how few, the most important thing is safety! If the safety of depositors' funds cannot be guaranteed 100%, such a bank should not be worth it!

There was thunderous applause in the venue. For most people, they don't care about the number of banks, but the safety of funds must be considered.

The man continued to ask: Mr. Harrow, can't the government supervise the funds to ensure the safety of the depositors' funds?

Harrow-Gilsmore thought about it and said: It's not impossible, but the cost is too high, and the gains outweigh the gains. If the government is to supervise, we must supervise every business of the bank.

In this way, how many employees the bank has, the government will almost arrange the same number of them to follow, I think if this is the case, what should the bank do?

Why don't our government do all these things and waste less human resources!

No problem, who told the next door neighbor to make such a fuss? Almost everyone in Bulgaria is ignorant, and everyone is very concerned about the safety of bank deposits.

To the average person, all these ins and outs are bullshit, they only know that bankers are greedy and gobble up savers' money.

And these newly arrived Russian immigrants are the victims and the best propagandists, who have made them all black. Therefore, when the financial system is liberalized, the biggest resistance is not from domestic banks, but from the vast majority of The Bulgarian people are against it!

Therefore, influenced by this idea, the bank bill issued by the government, of course, came about as strictly as possible, and there was no thought at all that the streets would be full of banks.

Rolex Dodd said again: Well, now there is no objection, this draft of banking reform has been passed, and after the revision is completed, it will be sent to Congress again for approval.

Now let's discuss the next question, whether to fully open the stock market. The government is also very confused on this issue.

The stock market can raise funds for enterprises and speed up the development of enterprises, but the stock market itself cannot create wealth and belongs to virtual wealth.

And this wealth is really imaginary, so imaginary that it is a millionaire today and a millionaire tomorrow!

This is inconsistent with the traditional concept of Bulgaria. Getting something for nothing has always been the biggest enemy of mankind, and the stock market has magnified the earning for nothing to the maximum!

Therefore, the government has decided to hand over this issue to the Congress. The time has come for members to decide the future fate of Bulgaria. If you agree or disagree, please cast your crucial vote!

Before voting, you can ask any questions. Mr. Harrow, the Minister of Finance, will answer us. Now please raise your hand!

After a pause, Rolex Dodd said: The third gentleman on the left in the second row, please ask!

The man stood up and said cautiously: Dear Mr. Harrow, I think it is really irresponsible to leave the decision-making power to us on this issue. Less than five percent know something.

With our level of knowledge, it is really difficult to make the right choice. Among the people who know it, it is very likely that they are practitioners in related industries. For their own interests, they may also make choices that go against their conscience, so I think it is better for the government to make a decision on this issue!

Finance Minister Harrow Gilsmore was dumbfounded, the host Rolex Dodd was dumbfounded, and even Ferdinand was dumbfounded in the background. Is there such an operation?

It is estimated that it is the first time in the world that congressmen refuse to vote because of their lack of knowledge and hand over this right to the government!

Before they could react, thunderous applause broke out in the venue again, and the congressman had shown his attitude with practical actions.

We do not understand this question, so we will not vote!

Finance Minister Harrow Gillesmore thought for a moment and said: Well, this is our job error, the stock market is a familiar and unfamiliar business to us.

In the news, we see it often, but not in Bulgaria! In fact, as early as the last century, Bulgaria already had a stock market and a stock exchange.

It was only later that it was closed for various reasons. If the older generation who bought stocks in those years, probably knew that they were stumbled and got scammed.

I can't explain the specifics for a while, but one thing is clear to everyone, no benefit is too early, and all the actions of the capitalists are for profit!

Can you make money by buying stocks? All I can say is that some people can, most people can't!

The biggest problem now is that opening up the stock market is in conflict with our traditional culture. In my opinion, the government can collect more taxes by opening up the stock market, which can speed up the development of Bulgaria. At the same time, our moral level will also decline!

After speaking, Harrow once again handed over the decision to the Congress. The stock market is a big hole. It is good that there is no economic crisis.

The Bulgarian government does not dare to carry this blame, let alone Ferdinand. He knows the pros and cons of the stock market better than anyone. If it is not for raising money, he will not agree with the government to raise this issue.

Now he doesn't have to worry about it. It seems that the Bulgarians are still very resistant to this kind of virtual economy. Most of the Congress cannot pass it, so all aspects can be explained.

If the capitalists at home and abroad want to scold, let's scold Congress! Of course, scolding is useless. The members are secretly influenced and controlled by Ferdinand, and they do not allow anyone to collude!

Therefore, the Bulgarian government prohibits the collusion between capitalists and members of Congress. That is to catch one and kill a nest. Even the weak bourgeoisie in Bulgaria does not dare to come forward.

Seeing that the venue fell into silence, Rolex Dodd said again: Members of the Congress, are there any objections?

The second old gentleman in the first row, please ask!

The old man stood up and said angrily, I propose to permanently ban the stock market in Bulgaria. We cannot ask for this unearned money!

Ferdinand in the backstage rubbed his forehead. Don't be so radical. Could it be that the power of traditional culture is so strong? Or are the victims of the stock market crash that year still fresh in their memory?

Rolex Dodd thought for a while and said, If the old gentleman wants to propose a proposal, at least ten or more members of Congress can do it!

As soon as the voice fell, someone stood up and said, Can you count me as one?

As more and more members took up their position, Rolex Dodd had to shout: Stop! The number of proposals has been enough, and now it is time to vote. Since this matter violates the relevant procedural provisions, I want to Ask your majesty the great king whether this proposal is valid!

Ferdinand said lightly: The proposal is valid and can be voted on!

Although this violates the rules of the Congress proposal, it will not affect the final result. Ferdinand does not intend to change the result of the vote, so why delay the time?

After hearing Ferdinand's answer, Rolex Dodd immediately announced: His Majesty the Great King has approved this proposal, and now it's time to vote!

The result is self-evident. In the face of morality and money, the lawmakers chose morality without hesitation. It is impossible for the stock market to appear in Bulgaria in the short term.

It is Bulgaria's national policy to crack down on indulgences, and they will not allow anyone to destroy them.

Unknowingly, the Bulgarian bourgeoisie was tricked by Ferdinand again, and this issue was thrown out in advance. Under the power of tradition, it was almost 100% rejected!

After losing the fast financing channel of the stock market, it is not so easy for them to grow rapidly.

Not everyone has a bank in their hands, they can get financing through the bank, and they don't need to play the stock market! Those who can play like this in Bulgaria have become Ferdinand's exclusive, and their capitalists have to choose whether to work for the country or the king!

Anyway, even if the banking industry is opened up, the monopoly pattern has not changed. Local capitalists do not have the strength to establish banks, and foreign capital is too strictly restricted. It is better to invest in other industries!

Well, these are all Ferdinand's thoughts. In fact, Bulgarian capitalists are not interested in going public. They don't want to let the companies they built up become someone else's.

Even if they can still become major shareholders, many people still plan to treat them as family heirlooms and pass them down from generation to generation. Family businesses are the mainstream of this era!

...

Genius website address: . Mobile version reading website: