Europe is bad, and America cannot escape. With the vigorous development of international trade, the economic ties between countries have become increasingly close.
After the outbreak of the economic crisis, not only the downstream manufacturing and retail industries suffered heavy losses, but also the intermediate wholesalers and upstream raw material suppliers, none of them could escape.
Then, Argentina's beef and soybeans were not sold well, Chile's copper mines and saltpeter were unsalable, and the cotton fields of the Confederate countries were rotten.
No way, as soon as the economic crisis broke out, the big dumping came. In this regard, the interests of Britain and Austria are the same, and it can be regarded as the common will of European countries. After the split, the Americans have no confidence to refuse.
Not only was the market hit, but the most tragic thing was that British capital pulled out of its investment in the United States at a critical time in order to cope with the domestic crisis.
Strikes, unemployment and populist turmoil spread like wildfire. The "Free Silver" movement in 1892, in particular, exacerbated the crisis.
It is not a day or two that the price of silver has been lower, and the "free silver" policy is undoubtedly sending the dollar on the path of depreciation and inflation.
It's not that Americans are unaware of the consequences of the "free silver" policy, mostly forced out. In the face of competition from European industrial and commercial products, American domestic companies have little power to fight back.
In order to protect domestic industry, the US government had to adopt stimulus policies. As for the sequelae caused by this, it is natural that ordinary people pay the bill, and the most serious loss is undoubtedly agriculture.
However, the United States has been divided once, and the strong agricultural states have almost all mixed with the Confederate States. The remaining states are dominated by capital. Naturally, no one cares about these small problems.
When inflation encounters an economic crisis, the situation is very different. The decline in the purchasing power of ordinary people has directly led to further shrinking of the market, and a vicious economic cycle has begun.
The withdrawal of British capital aggravated the crisis, and a strange scene appeared. On the one hand, inflation is serious, and on the other hand, there is insufficient currency in the market.
The United States of America, which is seriously deficient in gold reserves, is also in a currency crisis at the same time as the economic crisis.
In response to the crisis and out of the Great Depression, Democratic President Cleveland took decisive steps: issuing government bonds to buy gold.
Naturally, bankers will not give up this opportunity to make a fortune. On the one hand to provide gold for these high-interest bonds, and on the other hand to exchange paper money for gold reserves.
Just like this, the gold is still the same as the original gold, the reserves have not increased much, and the interest rate difference in the middle has already made the bankers a lot of money.
Looking at the information in his hand, Franz was very suspicious of whether Cleveland was bought by the bankers, and he took out this kind of brain-dead monetary policy.
Doubt is doubt, and it doesn't affect him in the slightest. The only regret is that the United States is not fat enough these days, the plate is too small, and there are too many people who divide the cake.
The spread of $680,000 is the result of one month's operation in the Americas branch. For ordinary people, it is a huge sum of money, but for Franz it is better than nothing.
After that, Franz didn't care anymore. Any brain-dead policy is unsustainable, and this kind of money-giving policy is no exception. If Cleveland continues to play like this, perhaps the U.S. government will be crushed by debt before the end of its term.
No matter how bizarre the gold bond policy is, it can't affect Cleveland being a "good president." Just because he repealed the McKinley Tariff Act, known as the "mother of the trusts", he must be a "good president".
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According to the financial world, if everyone is tied to risk, it is not a risk. It can also be applied here. The economies of all countries in the world have declined together, or it can be roughly equal to no decline, at least in terms of national strength.
The goal was achieved, but Franz was not happy. In any case, always find a way to get through the economic crisis.
All countries have been dragged into the water, leaving no opportunity for competitors to take advantage of the opportunity to rise. The strategy is successful, but it has become more difficult to restore the economy.
Looking at the world map, Franz said helplessly: "The Ministry of Foreign Affairs is ready to mediate the Japanese-Spanish war, the Spaniards will soon be unable to hold on, and the situation of the Japanese will not be much better.
If the war continues, I am afraid it will become a war of attrition between us and the British. With the intensity of the Philippine campaign, it may not be possible to decide the winner in another three to five years.
There is no need to continue wasting money in a game that is doomed to have no results. Now is the best chance to collect the phone, and it is estimated that the British are not willing to waste their money. "
Once the war between the two poor ghosts continues, the last unlucky person will be the gold master. Although this year has not developed to the point where "you owe money is the uncle", but when you encounter a master who has no money, everyone is still powerless.
Spain is still relatively good, at least there are a few rich colonies, which can be worth a little money; Japan is really poor and white. If you get the Philippine Islands, that's all, there will always be a day to pay back the money; if you don't get it, the British investment will only be lost.
The oil yield of soybean is 20%, the yield of rapeseed is 36%, and the yield of sesame oil is 45%, but can you squeeze oil out of chaff
In order to save others and change Franz's position in the British government, now we must also consider whether it is worthwhile to continue investing in the Japanese.
Relying on capital to consume the enemy to death, if the opponent is the Russians, it is almost the same. Unfortunately, this time the opponent is the Shinra Empire. Without billions of pounds in, there will be no bubbles.
Even though the capital of the British is stronger, Shinra's staying power is stronger! It is not only capital that is tested by the war of attrition, but staying power is equally important.
Foreign Minister Wesenberg frowned: "Your Majesty, the key to mediating the war between Japan and Spain lies in the ownership of the Philippine Islands. At this point in the war, neither Japan and Spain will give in easily.
If you choose to make peace with the mud and let the two countries jointly manage the Philippine Islands, the war can be ended now, but the two sides will fight again in a few years.
We don't have that much time to dwell on it, and on the imperial standpoint, the best thing to do is to let the Japanese give up.
To get the Japanese government to make concessions, it is definitely not enough to rely on the strength of us and Spain. Even if we pull the entire European Union, it may not be successful unless the British also support us.
only… "
Franz interrupted: "It's not just! The protagonists of the Philippine war are Japan and Spain, don't you think we are mixing too much
At this time, it is time for the Spaniards to work hard. No matter how unbearable they are, as a European country, they will not lose to the Japanese in the battle for the right to speak in European public opinion, right
Let them mobilize their influence, build momentum for themselves in Europe, and by the way describe Japan as barbaric, and that's about it.
Now is the time of economic crisis, and the British Parliament is not idle. With so many eyes staring, where does the London government get so much money to support the Japanese
With the end of the Japanese-Spanish War, the government's finances can also breathe a sigh of relief without this gold swallowing beast. This is very beneficial to the future economic construction. "
War costs money, and the Philippine campaign has now progressed, and both Japan and the West need "a lot of money" and "a lot of materials". Mere verbal support is meaningless.
Once the public opinion is hyped up, and the British government will give money to Japan again, the British people with croaking belly will definitely let them go without food.
The opposition parties are the natural allies of the Spanish government when it comes to grasping the government's grip. Once a problem arises, they will certainly attack the parliament.
Even if the British government can suggest that the consortium lends money to the Japanese, but they do not provide guarantees for the safety of the debt, who would lend money to the Japanese government, which at first glance knows that it is unable to repay
It is difficult for the Japanese government without money to not compromise. If you don't have a little bit of negotiating conditions in your hands now, you won't even have the capital to negotiate conditions later.
The only regret is that the Spanish-Japanese War ended like this, and the Holy Roman Empire could not maximize its interests. Purely from the point of view of the return on investment, the Vienna government is equivalent to a loss-making business this time.
However, in order to get out of the economic crisis as soon as possible, Franz no longer cares about the issue of losing money or not. The consumption of more than 10 million Aegis each month can be used to restore the economy and create tens of thousands of jobs.
After all, the Vienna government is really poor now. Not only the domestic economy needs to recover, but also money to help a few younger brothers.
Bankruptcy is bankruptcy, and the government always has something. The debt problem can be put on hold first, but the social order of various countries cannot collapse.
Today is different from the past. As the boss of the European continent, the Holy Roman Empire has become the maintainer of order. Gone are the "beautiful" eras when it was a big deal to watch the fun.
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Prime Minister Carr: "Your Majesty, in view of the current special circumstances, the Cabinet is ready to increase investment in infrastructure, start the Asia-Africa-Europe Ring Railway ahead of schedule, and use the infrastructure industry to promote domestic economic recovery.
Considering the huge investment in this project, the cabinet plans to split it into multiple sub-projects, and use the sections with higher returns to finance construction to reduce costs.
The remaining road sections with difficult construction and no return on investment will be invested and constructed by the government. The main expenses are solved through bank loans and issuance of government bonds.
The current situation is very favorable to us. Recently, more than a dozen European countries, including Russia, Spain, Belgium, Switzerland, Saskatchewan, and Lu, have borrowed a lot of money from us.
The SHIELD settlement system has been established in several books on the European continent. It happened to catch up with the economic crisis, and the British are now too busy to take care of themselves.
As long as we can get out of the economic crisis first, SHIELD will have the absolute upper hand in the competition for currency hegemony.
As long as Europe is stable, it will be simple to move from Europe to the world. It's nothing more than a question of buying, buying, and buying. No matter what governments think, capitalists are very welcome to SHIELD. "
The strategic railway that loses money is destined to be paid by the government only. There is no way, the tricks of cheating can only be used once. As early as 30 years ago in the construction of domestic railways, the capitalists were fooled once, and now everyone has become smarter.
No matter how good your story is, if you can't see the ROI, no one will care.
The "Asia-Africa-Europe Ring Railway" sounds domineering, but that's actually the case. It is nothing more than connecting the original railways in series to make up for the missing lines in the middle.
It is hoped that this "making money" may make the population of the Holy Roman Empire quadruple or five times, and we can see so little hope.
This only refers to “making money” in name only. The operating income is greater than the operating cost. If you want to recover the investment cost and obtain a considerable rate of return, it is estimated that the population must increase by seven or eight times.
I don't know if it can be realized in the future. Anyway, it is impossible to see Franz's lifetime. It doesn't matter if you lose money, the key is to lose value.
In theory, as long as the Shinra Navy can control the Mediterranean Sea, this seemingly strategic railway has no practical significance. After all, shipping by sea is cheaper. After a large circle of railways, merchant ships have run back and forth several times.
Judging from the current international situation, the hegemony of the Shinra Navy in the Mediterranean Sea has been completely established, and even the British cannot shake it.
If the British had the courage to send the main force of the Royal Navy into the Mediterranean, Franz would dream of laughing. Bathtubs are no joke, and no one stipulates that naval battles can only be fought by the navy.
As the world's largest air force, Franz can domineeringly declare that the coastal area is a restricted area for warships of various countries.
Whether it is taking off from the Asia-Africa-European continental circle or from the Italian peninsula, the Shinra Air Force can keep them going.
It doesn't matter if the hit rate is low, as long as the number increases, there will always be gains. It's really not good, the Japanese "Kamikaze" brigade is also good.
In addition to planes in the sky, there are submarines underwater. Originally, Shinra was not very good at the research and development of submarine technology, but with the end of the anti-French war, the situation has been improved.
On the basis of inheriting the French submarine technology, the Shinra Navy also has its own submarine formation. The only regret is that the technology failed to break through, and we can only play offshore combat.
With so many advantages, the Vienna government's demand for the "Asia-Africa-Europe Ring Railway" is naturally not high. If it didn't happen to catch up with the economic crisis, it is estimated that this railway would not even be possible to establish a project.
The reality is not if, since it happened to catch up, then the Ring Railway will be born. Waste, maybe. However, compared with the positive significance brought by the launch of the railway line, it is not worth mentioning.
After all, restoring the economy is the immediate priority of the Vienna government. If we can get out of the economic crisis sooner, SHIELD will be able to gain one more advantage in the struggle for currency hegemony.