Wall Street of the third generation chaebol

＜ A bizarre cohabitation with England. (1) >

“We need to revise our grand strategy. The means remain the same, but the end turns to ‘war’.”

I’ve been locked in my room for several days.

I had time for self-criticism.

I had to change a new one.

“Once there is no answer, Prussia will stop losing.”

“Yes?”

“It’s an Ottoman plenipotentiary, and throw it all away. All the information about the Middle East has been ripped off anyway, and the Prussians don’t believe me anymore. It’s right to sort out this messy relationship.

From the moment you are dragged along, you can’t get out of it anymore.

“Well, weapon dumping is a lifeline for me to survive, so proceed first.”

“no….”

Chii….

Veyron, who was pouring Coke next to him, was startled.

“No, you’re going to give up all the fortresses you’ve worked hard to build for three years in Germany…?”

“Don’t give up. Does it look like giving up?”

“Of course. Giving up the plenipotentiary ambassador, isn’t it a choice to turn everything in vain?”

“Vyron. Do you think it’s right to ask the person with the gun to talk right now?”

Veyron was taken aback by my words.

“You have to leave your seat and bring another weapon.”

“What do you mean… please explain more.”

“I’m going to change the way. I don’t know about West Germany, but East Germany shouldn’t have intervened so actively. At least Prussia.”

The Prussians convulsed when I touched their wrath and tried to kill me. Defeating Moltke, establishing the German Settlement Bank, and establishing ThyssenKrupp is not without gain.

But.

“You’ve gone too deep.”

The first West German economic bloc was successfully organized as a German settlement bank. ThyssenKrupp, the German steel monopoly, also began to establish itself stably.

First of all, Germany cannot touch these organizations.

Because this is an organization that the US sovereign wealth fund intervened, touching it would be like touching the US government. No matter how second-class powers are treated, they cannot openly touch the government.

However, there was no need to attack Berlin at this point.

‘My goal is to annihilate everyone except the United States.’

But the side has to be decided.

There is no neutral country in this world.

You have to decide on a side. Both legs are torn when trading with both legs on.

Just as Switzerland cooperated with Nazi Germany, we must choose a side.

“Then which side are we on?”

“The 0th place is, of course, the US. If you had to choose between Europe, the UK. But CDOs are scary.”

If so, the UK is number one.

However, in Britain, a large bomb called the CDO was buried.

“Well, if you need England, you can blow it up early.”

It’s only been 3 or 4 years.

So the sooner the war, the better for Britain.

It’s beneficial to me too.

City of London, as its reputation, spread CDO was not unusual.

It’s dangerous.

But on the other hand, it was moderately ripe.

It’s like a vaccine.

If time passes and the Londoners are devastated, the United States will have no choice but to be affected. So, before that, a CDO in the UK would end in panic.

bailout.

If the US asks for some bonds, the ventilator will be sweet. There is a Commonwealth, and the mainland will not die.

Although the UK will become a debtor country.

uk.

There is only one big problem left.

“Belfour.”

I started to distance myself from England around the time Belfour started to keep me in check.

So what I should have done was to change the British Parliament, instead of eating in moderation and squatting down in Germany.

I don’t regret it.

‘From the moment I heard that from Moltke, I tried to destroy it somehow, and I will destroy it somehow.’

There is still a crossroads to return to.

Most of all, because I’m still alive.

“For now, let’s proceed with Exodus.”

Exodus.

It refers to the case in which Chinese production plants all at once withdrew and relocated. Although the company may move, it usually refers to the departure of the production plant.

Vickers may move its production lines overseas.

Naval shipyards are not the only ships that deliver, and the degree of manufacturing of accessories and components can be brought from outside.

“If this is the case, Vickers, who has grown dissatisfied, will take Belfour. In fact, it’s only possible because it’s Belfour.”

Even Vickers knows.

The price of steel for domestic consumption in the UK will never be able to beat the price of our steel monopoly.

vertical integration? everything doesn’t make sense

In economies of scale, they are pushed by several dozen times, but there is bound to be a difference.

Riga will become price competition in the international market.

In the first place, I trade on the premise of war now.

If the state becomes a war machine with all mobilization and runs the economy, it will spend tens of times more money than the military in peacetime.

not an immediate benefit.

Seeking the benefits of war.

“Will the Vickers move?”

“Will they move?”

“Yes?”

“It is the government, the customer, that moves. Vickers only changes according to the customer. Think of it from the government’s point of view in the Balkans. They are dogs. They don’t have enough money to purchase weapons.

I don’t buy expensive ones.

This novel was posted at https://readwn.com

Oh, I don’t know if there is an asymmetric power like the dreadnought.

However, in the gun industry, DWM was able to rule as emperor.

FN Ersthal and Mouser.

Can you rub it with a Maxim machine gun?

“If DWM and John Browning work together, we can hit Vickers’ Maxim with technology, try lowering the price. How will it be?”

Usually DWM.

Balkans, they’re so ferocious that they bow down as powers and don’t do it. They are crazy dogs that stick their teeth into the Russian Empire, but will they be afraid of the British?

They are terrifying bastards who approach with a smile and then immediately confiscate their face and stab them with a knife from behind.

“Dreadnought class can be built by the US, too. We can build it at our shipyard. It’s cheaper too.”

cheaper.

This is the key.

You can dry dreadnoughts at a cheaper price than Vickers. Because steel is cheap.

“Cannon? There’s Krupp. Cannon? Try rubbing it. Let’s see who’s harpooning with price competition.”

“Still, England saw it, but Exodus…”

“Are they going to relocate their headquarters? A factory or a factory.”

Will Vickers leave the headquarters?

However, the international production plant could be built in a country other than the UK. If there are any signs that this trend will be prolonged, the shipyard will also be acquired. build or

“What if the British government’s finances are normalized with tariffs on steel imports?”

“Pretend to cut off delivery once. Then.”

“…!!!”

“At this point, if you don’t give me a shock, I’ll keep getting caught.”

Veyron looked at me with a lost expression.

Then he barely opened his mouth.

“Master… are you okay?”

“What do you mean?”

“Unlike usual… No, it’s usually like this, but you’ve become more dangerous after chipping away. You think too fast.”

“We need to deal with this quickly and withdraw.”

I answered casually and looked down at the letter on the table.

US Embassy in Germany.

It was a letter from the White House.

[Theodore Roosevelt]

A handwritten letter from the incumbent president.

Permissions from the U.S. Department of Commerce and the White House have already been dropped.

hard.

grinded it

It’s just not the end.

steel?

I almost got shot while having some fun in Germany.

Now I’m monopolized Don’t hold back and push it. If you don’t listen, you’ll be beaten like a dog. I tried to speed up the industrial revolution by lowering steel prices. I don’t need it all now.

I already gave up on that.

‘…It’s a war.’

My patience was already scratching the floor and tearing it apart.

***

“Cancel… it’s done!”

Baltic Exchange.

An intermediary for global shipping transactions. It is a place where large shipping companies, large ship owners, and other large shipping companies gather to create the promise of international shipping.

If Lloyd’s Insurance is a place for insurance, this is the sanctuary of shipping companies where shipping, cargo and ship contracts are made.

It is almost the only shipping exchange in Europe.

A space where you can see all the flows of international shipping.

As most of the shipping transactions take place only on the Baltic Shipping Exchange, you can see the trends of global shipping at the Baltic Shipping Exchange.

Hall

Here, you can find out how the market is changing in real time.

And now.

Mecca of international shipping.

The London Concourse of the Baltic Shipping Exchange was in a panic in real time.

“All canceled! All!”

It looked like there was a fire.

Inside the exchange, brokers were running in all directions.

“From the second half of this year, freight contracts and charter contracts to the UK are being canceled one after another!”

“It seems that US Steel is canceling charter contracts and cargo contracts one after another since the second half of this year!”

“When US Steel canceled one after another, steel manufacturers in the UK started canceling exports one after another!”

“Cancel! It’s a cancellation again!”

A loud central hall.

Desperate-faced contractors.

and members of the Baltic Shipping Exchange.

Everyone was running around as if the soles of their shoes were on fire.

Brokers in particular were desperate for survival.

“The UK’s supply chain is being wiped out like a domino!”

bang-!

“That makes sense!”

Board of Directors of the Shipping Exchange convened urgently.

The board of directors of the Houn Exchange and executives of large shipping companies began to enter the conference room one after another.

The European shipping company executives were being relayed by brokers in the London Concourse, so they hurriedly sat down with serious faces.

Less than an hour after the shock struck.

Chairman of the Baltic Shipping Exchange.

An emergency response committee was formed around W. Bridge Web.

The president read the materials with a serious face.

“Chairman, I’m not kidding. From the second half of this year, 5% of import volume has evaporated. If 5% of imported steel raw materials are reduced, there is a possibility that manufacturing exports will decrease by 15% or more as a derivative effect. “

There was a second emergency.

It can control more than 15% of the steel manufacturing industry, which is derived from only 5% of steel.

The power of raw materials comes out in this way.

Manufactured products cannot be completed without 1% of raw materials for manufacturing.

So, when raw materials are weaponized, they hit the global market with great power.

The problem was that the shipping market was also hit hard.

‘There was a spark in the charter contract.’

President Webb touched his flabby forehead.

“It’s not just cargo contracts! To say that 5% of steel materials are canceled means that that much charter contract (ship rental contract) is also ruined. To say that 15% of export volume is blown off means that the charter contract is canceled by that much. It sounds like it’s going to happen!”

Averaging 5% and 15% for a total of 10%.

10% of UK shipping charter contracts were wiped out at once.

Cancellation of the charter party is the back of the shipowners.

Cancellation of cargo contracts hurts the backs of shipping companies.

If the cancellation of the contract in the second half of the year is confirmed as it is, many shipping companies in the Baltic Shipping Exchange may lose their backs and die.

“If the charter contract is canceled, our shipowners will break their backs only with the maintenance cost of large merchant ships! If there is a gap, they will have to desperately look for other contractors!”

“Every day the cost of maintaining a high-end London unit is blown away! If it’s empty throughout the second half, the shipowners will go bankrupt! In the US and Germany, a handful of shipping companies are taking over the market. If they refuse, we’re bankrupt!”

In particular, the shipowners had their necks lined up.

Shipowners own and rent ships.

Even if only one charter contract is canceled, the companies are reeling.

Steel supply and demand is canceled one after another.

The subject is unconditionally US Steel. It was ThyssenKrupp, Germany.

At this point, the veterans of the exchange had no choice but to know even if they wanted to.

“This is… this is… after.”

The British Commonwealth and the British Empire were great empires with governors all over the world and with the stamina to survive even with their own trade network.

At some point, however, the vast trade network of the Commonwealth was demanding a deficit from the British government, and the British Empire was slowly dying.

South America.

The British market was dispersed, and some was moving to South America. It was an American garden.

The independence movement was fierce and it is regrettable to call it a British colony.

It’s easy enough to keep.

“After all, US Steel probably wouldn’t even be seriously fighting like this. You all know. The British Empire is not US Steel, but it has a stake in the East Asian steel market. Macquarie Bank has it, and the Bank of England has a secrecy. “

So England sees blood.

America sees blood.

But neither wants blood.

But they both stabbed each other with knives.

monopoly?

But we also have a stake in it.

It was the United States that gave the opportunity.

Britain was the first to hit.

“Like Germany’s Thyssen, if you start dumping from the inside, there’s no answer, but you didn’t.”

“Australia’s iron mines are all moving to East Asia. They say that foreign companies all use New Japan Steel. It’s cheap.”

“At the US Steel shareholders’ meeting, he also said that the era of low-cost steel will continue.”

No, but the idea of the British Parliament is understandable.

“But don’t you understand the position of the British Parliament?”

“No, I mean, I have a non-together, so what do you understand?!”

“At least that territorial sphere, isn’t it the territorial sphere of East Asia! The British mainland is in the Atlantic Ocean! The North Sea!”

“for a moment.”

After Webb’s remarks, the boardroom was engulfed in silence.

“Isn’t one of JP Morgan’s major shareholders Rothschild?”

“……!!!”

“Federal Steel is Morgan’s company. However, other Morgan-affiliated steelmakers are also joining US Steel. Can’t they combine their stakes and use the non-token? The stake seems to be getting close.”

Detroit always shared part of the leash.

Belfour pushed this out.

In the end, Belfour was scared and closed it.

If you have a stake in Detroit Steel in Australia, you can only hear it as saying that you have a hand in the steel monopoly.

Even part of Macquarie Infrastructure Bank is owned by the Bank of England.

Why are you scared?

President Webb sighed.

“Now that the British Parliament is divided, it will take several months for this bill to pass.

“I’m asking the Bank of England to deny it. I have to ask him to use a veto. At least I need to get iron ore from Australia!”

There are still few completed steel mills in Australia. Besides, the distance is considerable.

It will cost twice as much as ordering from US Steel, but for now, survival was important.

policy has been set.

The web makeover stood up.

“From now on, we fight on the side of Vickers. They’re already at a sword fight with the British Parliament, because their opinion has been ignored in the tariff policy.”

By now, Vickers must feel betrayed.

The reason US Steel hung up is that it doesn’t want to pay tariffs.

‘Yeah, that’s what monopoly was.’

Detroit Morgan.

An American businessman who is heating up the economic and financial world recently.

He was an economist who sought win-win from the standpoint of the British Empire, and was rational enough to concede a portion of his stake to the British, even if he had a monopoly.

This novel was posted at https://readwn.com

Of course, in a monopoly situation, it is a bit like that.

The British Empire also had veto rights over monopolies.

“We’re mobilizing lobbyists to the British Parliament. Let’s aim for a return to free trade right now. We’re going to die, let alone losing to America!”

bang! bang!

Webb pounded the desk.

***

“Detroit Director, will the British Parliament not block the relocation or new construction of Vickers’ factory anyway?”

“Can’t you stop it? First of all, the Vickers are a ferocious group. They’re the blatant f*ckers of the British Parliament, and they can’t stand still.”

Shikishima-class battleship.

Japan’s Shikishima-class battleships currently seized by the U.S. Navy.

This novel was posted at https://readwn.com

Originally, the British Parliament was vehemently opposed to Vickers’ construction of the Shikishima-class battleships.

This was inevitable because the specifications of the Shikishima class were far superior to those of British battleships.

But Vickers’ answer was simple.

If it is twisted, I have sent you a reply to buy it. in a rather polite way.

“The British Parliament and 10 Downing Street, of course, want to take over private companies. But they can’t. The opposition and ruling parties are sharply divided. Don’t they believe in laissez-faire like fanatics. .”

Why was Belfour overthrown in the original history?

After pushing ahead with the tariff policy, the British Parliament was carpet-bombed and retired.

Rejecting the free tradeism that has successfully guided the British Empire so far is a natural fit for the British Parliament.

Returning to protectionism, but before going to protectionism, the British Parliament was literally fighting the shit out of it.

They have to throw away all their pride and build up the customs that they broke for their glory.

is it up to you

Giving up on free trade that has preserved profits so far seems like an act of suicide from the point of view of the vested interests.

The economic network that the British Empire set foot in in the first place is an economic network built on the premise of free trade.

That too for 100 years.

If you reorganize it all at once, you know that it will wear out and die.

Because the steel tariffs on items were limited, it went over and over.

“From the beginning of the late 19th century to the early 20th century, the British military did not have an absolute advantage toward the military-industrial complex.”

“The British Parliament? Aren’t they the British Empire?”

“Because it’s the British Empire, that’s all. The belief in laissez-faire is still not broken, though it may be gold.”

“But you built a customs wall, didn’t you?”

“What Belfour is holding out right now is walking on the edge of a knife. The Bank of England said, ‘Does protectionism look okay?’ If you didn’t say that, you would have been beaten in the British Parliament earlier.”

As in the original history, he will be retired after only maintaining his tenure.

“But the decisive factor is the absence of a naval budget.”

“Ah. I think I know what you mean.”

“In the end, the Royal Navy doesn’t have money, so it can’t be absolutely superior to the military-industrial complex. Most of the naval budget is spent on the maintenance of the powerful Royal Navy, so try building a new warship. Broken back.”

Royal Navy?

a lot of budget many. Probably the most in the world right now.

But it also costs a lot.

When budgets and expenses are offset, there is no money left.

Above all.

Vickers’ position was not included in the steel tariff. you’ve been bullied

“The British government and Parliament did not want to lose their sovereignty over the steel industry, so they imposed tariffs. Vickers’ position was not taken at all.”

Will Vickers in the back of the head stand still?

“No…after.”

I clenched my chin and sighed.

“In the beginning, I gave this much attention, but the UK, which I didn’t understand, was bad.”

I knew

It’s really sad when it happens.

The German Investment Corporation and the German Settlement Bank also had British shares from the beginning, and the UK also had a British stake in steel.

Where did you eat Vito-kwon?

“Vyron.”

“Yes, Master.”

“Reinstate all the contracts for the second half of the year. It’s only been a few days, so I’ll be able to return. I’ve only been notified by phone. I haven’t actually canceled the contract.”

“…..Yes.”

First.

let’s watch

There must be a limit to how much America can embrace me.

“Still, sir.”

“why.”

“I… think the shameless director is pretty good at any time.”

I laughed bitterly.

“Someone said that Edison said that success is achieved with 99% hard work and 1% inspiration. But without that 1% luck, there is no success.”

“…that makes a lot of sense.”

“But 99% of it is something I can change.”

that it is a country.

that imperialism.

I have to survive in this vortex.

“just….”

said quietly.

“It’s a dead world if you’re wrong.”

But this.

Isn’t that a word that applies to other people as well?

I wish I hadn’t died yet.

concluded neatly.

“Vyron.”

“Yes, Master.”

“Once the finishing touches are over, we will return to the US as soon as possible. Together, let’s push for a bottle of Pinkerton. Now it’s time to become one family. Let’s go with Standard Oil.”

“……!!!”

“Now I have to think about my safety. Thinking about how to f*ck them.”

Veyron jumped up.

His face, which had been dazed for a moment, lit up brightly.

“Yes!!!”

＜ A bizarre cohabitation with England. (1) > end