Mediterranean Hegemony Road

Now Ferdinand is working on a topic, if the economic crisis breaks out, what will be the consequences?

The economy is bound to explode. This is the law of the capitalist market, and it cannot be controlled by Ferdinand. What he can decide is the timing of the outbreak of the economic crisis.

The United States is finished, London has become more prosperous, and metropolises such as Paris and Vienna have also become extremely 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 in 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 crashes, Paris and Vienna will not be able to survive alone, and the outbreak of the world financial crisis has become inevitable.

First of all, many people who play stocks will get stuck, and those who play leverage will probably lose all their money. The idiots who borrowed money to buy stocks can jump off the building.

Small capitalists who are greedy and have no vision are about to go bankrupt, and many companies that have falsified their performance will be ruined.

Many banks will have a pile of bad debts, and the mortgaged stocks are worthless. If they do not do well, a run crisis will break out, and the 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, but export companies are having a hard time.

You mean, with the outbreak of the financial crisis, Bulgaria will not experience a wave of bankruptcy, right? Ferdinand asked with concern

Yes, Your Majesty! The outbreak of the financial crisis has very little impact on Bulgaria, and few people in our country buy stocks. No matter how much it falls, it will not affect us.

The trouble is that the financial crisis is followed by the economic crisis, a large amount of wealth evaporates, the purchasing power of the whole world will decline, and the export trade will enter a cold winter! ’ Kennedy said sullenly.

No chancellor of the exchequer likes an economic crisis, which means disaster for government finances!

Originally, the economic crisis could have been delayed until 1932, but because of the interests of the royal family, Ferdinand decided to bring the crisis forward.

This crisis must be detonated before his son takes power, and then they appear in front of the public with the image of turning the tide, thus establishing their status.

Anyway, he has just succeeded to the throne and has not done anything. The blame for the economic crisis can be thrown to the cabinet, and 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 Russian control has already lagged behind the times in economic development. The more backward the region, the less impacted by the economic crisis.

Then what about other countries? For example, Britain, or France? Ferdinand asked with concern

Your Majesty, Britain and France are 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 pass the crisis on to Germany and Italy.

If the economic crisis is not too severe, they can get through it by deflecting it. ’ Kennedy replied

The most common economic crises, simply put, are the result of overproduction and consumers don't have enough money to buy things.

As a result, there is a large backlog of products, the products of enterprises cannot be sold, and the funds cannot be withdrawn. Finally, enterprises have closed down one after another, and a large number of workers are unemployed, and unemployed workers also have no money to buy things... This creates a vicious circle.

This time is no exception. Overcapacity has begun to appear in the capitalist world, 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. If an economic crisis occurs now, Britain and France must give priority to keeping the country.

Then Germany and Italy can only be sacrificed, too many products cannot be sold,

The capitalists will naturally reduce production or close their doors.

Estimate the domestic industrial situation in Britain and France, as well as the production capacity of foundries in Germany and Italy.

Let's judge how much economic crisis they can withstand without the domestic economy collapsing! 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. Britain and France are still very solid, and there are many factors to consider.

Passing on the economic crisis, this topic was no stranger to Ferdinand.

Later generations of Americans played very smoothly. For example, the most common depreciation of the dollar is the best way for them to transfer the debt crisis.

The foreign debt of tens of trillions of dollars is still unpaid, 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 dollar to easily offset the interest on these debts.

Another example: the Plaza Accord, which directly dragged down Japan and transferred the economic crisis in the United States to Japan.

Now Britain and France have a lot of cards in their hands, and it is not impossible to print money. As long as the British give up the gold standard, they can do the same as the internationally accepted currency.

France has been playing for several years, but their franc has less influence, and they have also prospered for so many years relying on the dividends brought about by currency devaluation.

The price is that the franc and the lev depreciated from the original 1:1 to 10:1. The international reputation of the franc has declined, but the French are still having a good time!

This is the benefit of a global currency. After the currency depreciates, many countries around the world will help pay the bill, and 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, and the economic crisis will not affect the colonies. The market in these places is still their private land.

With the support of these markets, many companies can survive, so the most damaged in previous economic crises are newly-emerging countries without colonial flood discharge.

This is also one of the core factors of the outbreak of the First World War. The colonies are what the powers compete for. This is also one of the reasons why many countries would rather operate at a loss than give up their colonies.

Everyone knows that Bulgaria's colonial policy is the real strategy for long-term stability, but why don't everyone follow suit?

Isn't it because capital needs a market?

Bulgaria's capital also needs a market. Why was Ferdinand able to implement these policies without anyone opposing them?

The reason is very realistic-the Bulgarian colony is too bad, so bad that there is no market!

This era is already the industrial age, and it is no longer the era of exchanging glass beads for fur. Everyone needs to sell industrial products.

The earliest colony in Bulgaria had nothing but a few nomadic tribes, and its purchasing power was not as good as that of a small town in China, so it had no development value at all.

In this context, 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 made profits to agree!

Take your time, this issue is not in a hurry, the economic crisis is not imminent, 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 recovered from the losses of the last war. Coupled with the 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 be able to resist risks at all, and a civil war may break out in Germany. Should we prepare early? Konstantin said, frowning.

If among the three countries of Britain, France and Bulgaria, who least wants chaos to break out in Europe, it is Bulgaria first.

Unlike Britain and France, where the mainland is limited, Bulgaria’s colonies 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 13,400 in the future. million square kilometers.

There are so many places that can be developed, Ferdinand should not worry about the economic crisis until the development reaches its limit.

The big deal is to engage in a large-scale development, and the problem of overcapacity can be easily solved.

Now there is another question before everyone, whether Bulgaria should be a savior after the outbreak of the economic crisis.

As long as Bulgaria implements a grand strategy such as a ten-year plan, the destructive power of the economic crisis will be greatly weakened immediately.

This situation is just like Soviet Russia's five-year plan in history. 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 cheated out of their money, otherwise the Cold War would not have happened later.

Not only the Americans, but also the Germans, British, and French have all cooperated with the Soviet Union, and only they know whether they have made a profit or a loss.

Judging from the results, it should be that the Russians made a lot of money. In the end, not only did they successfully renege on their debts, they became the top power in the world, and they also made the capitalists suffer.

It was originally a secret transaction, an illegal smuggling transaction, other than knocking out teeth and swallowing it in your stomach, what else can you do?

Don't worry too much, even if there is turmoil in Europe, Britain and France will be the first to bear the brunt, no matter how they dock their tails to survive.

With so much investment in Germany and Italy, are they willing to give up? When did the capitalists become 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, and 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 gloatingly.

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. Isn’t it a joke to let them go?

Which prime minister dares to do this, probably he will go to see God just after he takes action. American capitalists kill the president, but they learned from the British. There are many dignitaries who accidentally died in British history.

It's just that the upstarts in the United States are a little bit too shoddy, and they don't know how to be subtle at all, and they directly send peanuts, which is well known to everyone.

John Bull is much smarter, there are so many ways to kill people, why not pay attention to his gentlemanly demeanor?

There are many such things in ancient and modern China and abroad.

Take the Ming Empire for example, because there were not a few military generals who abolished the emperor in history, so in the Ming Dynasty, the emperor suppressed the generals and replaced them with civil officials who they thought could be controlled.

As a result, I didn't expect that the civil servants were more ruthless, and the military generals were all stupid and straightforward deposed emperors, who were nailed to the pillar of shame by the history books.

The civil servants are much smarter. They know that it is not suitable for them to kill the emperor. The risk of abolishing the emperor is too great, and it is easy to be overturned later.

Therefore, they simply kept on doing nothing, and when they were in a hurry, they let the emperor have an accident, reducing the risk all at once.

Look at how dangerous it is to abolish the emperor, or to rebel, and the operation is also very complicated. Too many people are connected, and the risk is too great. One bad thing is the death of the family.

Creating an accident is much simpler in comparison, and one person can plan it. At the right time, bribe or threaten the people in the palace, create an accident, and it will be settled.

Compared to playing Waste Emperor, this risk is greatly reduced. As long as you are careful, even if the matter is exposed, you will not be found out.

Usually the former emperor died unexpectedly, and the successors did not dare to pursue it with great fanfare. If something bad happened, there would be rumors that they murdered the first emperor.

The ministers have calculated people's hearts, based on the suspicion of who will benefit the most, so the accidental death rate in the Ming Dynasty is the highest, except for the first few normal deaths.

The emperors in the middle and late stages were basically either poisoned, died suddenly, or died of illness, or even more bizarrely fell into the water and died. Basically, they were finished in their thirties.

Later, the Qing Dynasty learned the lesson and massacred civil officials. Even if it was the leading party, they couldn't believe it. They completely cut off their ability to put their hands into the palace, and the emperor of the Qing Dynasty would have a long life.

In comparison, Europe is better, the king has less power, and basically no one wants to kill the king. After the constitutional monarchy, most of the government is blamed.

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