Mediterranean Hegemony Road

Chapter 73, Germany has defaulted on its debts

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Italy was under military control very smoothly, but unfortunately the war reparations that the Allies wanted were still out of reach, and due to the entry of the coalition forces, Italy's economy further deteriorated.

In the Kingdom of Italy, where the unemployment rate is as high as 50%, the people are already very poor. Don't pay attention to the payment of war reparations, they are still counting on the Allied forces to distribute relief food?

The southern Italian region is not bad, the local industry is backward, the agricultural population accounts for a considerable proportion, and there are not too many people in need of relief.

After reaching an agreement with the British consortium, Ferdinand ordered the garrison to distribute a batch of relief food, and then began to provide relief for work, such as: leveling the land, building factories...

The French in the north are tragic. How about millions of people pointing to the French army to eat?

Let them be in a dilemma, distribute relief food, the congressmen can't pass the test, if the relief food is not distributed, Italy will soon be in chaos.

Italy is in chaos, and the war reparations will fall through. The French government is worried!

The Englishman, who was one step behind in his reaction, is now starting to see jokes. Due to their military strength, they only controlled Rome, and their pressure was relatively minimal.

Withdraw troops from Italy? Just think about it. If it fails, how will you explain it to the country? Not everyone sold the debt like Bulgaria did!

The cooperation between Bulgaria and the British consortium is not kept secret, and everyone will know it soon, but it is still in the wait-and-see stage.

In 1924, after the first batch of factories was put into operation, under the stimulation of interests, the participating British consortia increased their investment.

Soon the French began to follow suit. The world's first industrial migration broke out. Italy seemed to have become a huge industrial park with factories all over the coast.

The London government suddenly realized that it was at a disadvantage. They had not received the share that belonged to the British Empire?

Bulgaria and France occupied Italy on the east and west sides. How could one Rome be enough for the British Empire?

Negotiation, must negotiate! The part that belongs to the British Empire must be taken back, especially the French-controlled areas!

The southern Italy occupied by Bulgaria was developed in partnership with a British consortium. This is acceptable to them, but the French control the most elite northern part of Italy.

All were eaten by the French consortium, which is unbearable.

Negotiations on the Italian issue have not yet started, and Germany has another problem.

The war reparations that were supposed to be paid at the end of 1923, the Germans applied for an extension of payment, with the support of the British, the Allies agreed.

At that time, everyone was restrained by the Italian problem and did not want Germany to have another problem. The French also made concessions and agreed to the Germans to delay payment for a quarter.

Now that the time is approaching, the German government once again asked for an extension, and also asked the Allies to reduce or exempt some of the war reparations.

The Weimar government really had no choice this time. The major kingdoms with the best economic recovery in the country only subscribed to the part they had originally divided, and the rest fell to the central government.

In the area controlled by the central government, the Weimar government was engaged in liberal political reforms, such as the establishment of a parliamentary system and the opening of universal suffrage. Anyone over the age of 20 can participate in elections.

On the one hand, it is improving social welfare, such as: eight-hour work system, two-day weekend system, empowering government personnel to trade union rights, simultaneous operation of the dual-track system of regional social security benefits and central social security benefits, comprehensive free education, free medical treatment...

On the surface, these policies are all good, but unfortunately, except for the right to vote, everything else is a castle in the air, which the public cannot see or touch.

For example: the eight-hour work system, yes, the whole country is an eight-hour work system, but you have to work four hours of overtime every day for free, and continue to work overtime on weekends. The reason for the capitalists is: in order to repay the war reparations, everyone works every week. Work at least 40 hours of unpaid overtime.

There's nothing wrong with it. Half of Germany's industrial products have been used to pay off debts to the Allied countries, so this class must be added for free. If you don't work overtime, you will get out. If you dare to make trouble, you will go to prison.

Another example: social security benefits, due to lack of finances, these welfare funds have been in arrears for many years, and many people have nominally high pensions, but unfortunately they are paid in depreciated marks.

Depreciated more than 4,000 times the mark, is it the same as the original gold mark? So these so-called pensions have no effect except to deceive themselves.

Free education, the Germans still do a good job, basically implemented.

Free medical care is completely fooling people.

The so-called free medical care is only effective in the public hospitals established by the Weimar government, and there are only two such public hospitals in Germany, and the total number of medical staff is less than 100.

Can the German people find these two hospitals on such a scale?

Even if it is found, you go to the queue, and then the doctor tells you that there are more than seven figures in the queue in front of you, wait for a hundred years to come back!

Don't look at these projects as empty shells. In fact, these projects are all gold-sucking beasts. Half of the German government's annual finances are swallowed up by the bureaucratic class.

It is not without basis that the French accuse the German government of deliberately defaulting on its debts. If you have money to engage in social welfare, why don't you have the money to pay off your debts?

...

Tell the Germans, if they can convince the British consortium, we have no opinion. Now it is only the British consortium that has a creditor relationship with them, and the Bulgarian government is just a routine reminder! Ferdinand said coldly

Perhaps the Germans wanted the Bulgarian government to give up Germany's war reparations because of Bulgaria's eloquence. How could this be possible?

The creditor's rights have been sold. Couldn't the Bulgarian government pay for the Germans to repay the debt?

Even if they didn't sell their debts, it was impossible for Ferdinand to forgive their debts. These are all money. Could it be that they gave up for the so-called friendship between Debao and Debao? It seems that the relationship between Debao and Debao is not so important!

Yes, Your Majesty! Metev replied

Perhaps annoyed by the attitude of the Germans, Ferdinand added: At this Paris conference, we will be responsible for watching the show. If the British support the Germans' proposal, let them be responsible for domestic affairs. Consortium!

Get a domestic consortium? If the London government had such a strong ability, they would not have to worry about financial problems.

The capitalists are not easy to mess with, whoever dares to touch their cheese, they will invite whoever eats sweet potatoes!

Politicians in London, who are not so selfless, are taking their own lives for the benefit of the Germans.

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