Romanian Eagle

Sure enough, the government was very unfair to the cost of this shipbuilding, but under the strong pressure of Edel, it could only be passed.

As for the attention of other countries attracted by shipbuilding, Romania can only claim that the standard displacement of the two battleships temporarily named H-type is 350,000 tons, fooling other countries. Anyway, this is not the first time to lie. What does it matter to lie once more? When other countries find out that something is wrong, who will have the energy to manage Romania.

Although they passed the border temporarily, Britain, France and other countries strongly demanded Romania to join the Washington Naval Treaty. Before there was only one battleship, they could turn a blind eye. Now it is obvious that Romania is going to build ships, so they hope to use the Washington Treaty to Romania tethered.

In fact, Edel has no objection to joining the Washington Naval Treaty, because this treaty will expire in a few years. But if you want Romania to join, you have to tear up a layer of lip service. If you want Romania to join, you can join, how can there be such a good thing.

And in this battle, the time came to 1933. And Romania's economy developed rapidly in this year.

Among them, Romania and the Republic of China signed economic and trade cooperation, which allowed domestic production of goods to find a vent. In other European countries, the economic crisis is still ongoing. Therefore, the Soviet Union and Romania have become the few countries in Europe that still maintain economic growth. Such dazzling achievements have led many economists in Europe to conduct in-depth research on Romania's approach to the economic crisis.

Among them, Keynes, the father of macroeconomics, praised Romania's response in the newspapers. In his opinion, Romania has responded appropriately to the economic crisis that has affected the whole world, and its government's strong intervention in the economy is the key to its ability to avoid recession.

And he believes that although Romania's additional currency is suspected of artificially reducing national income, it is more important to the economy. This will at least keep factories operating, allowing workers to continue to earn income, and it will minimize the external impact of Romania's economic activity.

Moreover, it is also a very smart decision for Romania to invest these additional currencies in domestic infrastructure construction. This can not only stimulate economic growth, but also improve the transportation time of domestic commodities, and reduce consumption in the circulation link. It is a model worth learning from other countries.

However, although these private economists are advocating Romania's response, for other countries, if you want to make changes, many officials will first object to it. Because doing so has only seen results so far, and has not seen the consequences. If this changes then too much needs to be done, at least to get officials to change from traditional liberal economic thinking. However, Britain and France have little interest in changing their policies because of their vast colonies as buffers.

While other countries have their own various reasons, this model cannot be used for Romania. Therefore, by the end of 1932, the total national economic value of Romania reached a record high of 741.7 billion lei (calculated according to the depreciation of Romania’s depreciation by 20 and the depreciation of the US dollar by 50, it should be 231.3 billion U.S. dollars), a record high. Poland and Italy were left behind.

Currently ranked ahead of Romania are the United States, Britain, Germany, France, the Soviet Union, and Japan. Romania is currently only ranked seventh in the world. As long as Romania's economic development does not fall behind, it will only be a matter of a few years to surpass Japan. Because the equipment purchased from other countries is currently being shipped back to China, and after a year, there will be another wave of Romanian equipment.

In the steel industry that best reflects the strength of a country, Romania also ranks seventh in the world with an annual output of 3.78 million tons of steel, ahead of the United States, Germany, Britain, the Soviet Union, France and Japan. With the expansion of the Romanian steel industry, France and Japan will inevitably be left behind.

In addition, Romania has also achieved rapid development in coal mining, power generation, ammonia fertilizer, cement, automobiles, tractors and other industries.

A large number of infrastructure constructions have allowed many related industries to fully develop, and the development of these industries has also driven the growth of other related industries. So Romania can still maintain the momentum of economic growth.

The current Romanian car ownership reaches 1.47 million, which is one car for every thirty-five people.

This is due to the fact that Romania is still the largest automobile production base in Europe. Cheap cars make many people with bulging pockets dare to buy cars.

Although Volkswagen in other European countries Romania faces competition, but with the advantage of the first mover. Let the Romanian automotive industry still have a lot of advantages. Especially in the manufacture of trucks, Dongfeng trucks in Romania have always been synonymous with quality.

Although various industries in Romania are developing rapidly, there are still sluggish exports. That is the oil industry, which is in a downward trend in exports. It is said that Edel opened Libyan oil at the death point, which made life in Italy much better now. Although Italy was also traumatized by the economic crisis, with the money from oil sales, Italy under Mussolini's leadership was doing fairly well, and its economic decline was not obvious.

However, it is sad for the oil products exported by Romania, losing the traditional Italian oil market, and can only find solutions in other countries. Although some markets have been opened up in Spain, Turkey, Germany and other countries, Libyan crude oil in the oil market is still a strong competitor of Romania. Although Romania has a stake in Libyan oil, it is highly profitable to share with others. Therefore, in the European oil supply market, it is not easy for Romanian oil to have one more competitor.

Faced with this situation, the Romanian oil company is also thinking of a way out. They put more energy on the research and development of high-quality petroleum products, hoping to bring more profits to the company through high-quality gasoline and diesel.

Despite some bad news, Romania's rapid economic growth is certain. This has also led to a new level of government revenue, with a total government revenue of 86.7 billion lei for the year. While income looks good, it's far from spending. In 1933 the listed fiscal expenditures of Romania reached a record 127.8 billion lei. The overspending reached 41.1 billion lei, which is shocking.

Among them, infrastructure construction accounts for 417.8 billion lei, followed by military expenditures reaching 213.3 billion lei. We will not talk about infrastructure construction, but the increase in military spending mainly comes from the research and development and construction of new weapons.

Among them, the Navy mainly pays for the construction of warships, as well as the research and development of weapons. In addition to the allocation of two H-class battleships this year, it is also necessary to allocate funds for one heavy cruiser, one light cruiser, three destroyers, and four submarines. Among them, the submarine mainly cooperates with Germany to produce more than 400 tons of small submarines.

The army, on the other hand, is developing new equipment such as artillery, tanks, rifles, and communications. Because of the large number of research and development and the large amount of equipment, the cost is also high.

As for the expenditure of other departments of the government, it is much less, because these departments do not need large investment from other parties. It is said that the current tense economic situation also makes other departments dare not have extra thoughts.