Bulgarian Empire

Chapter 78: , Temporary Economic Policy

  The future Nicholas II and the bad things of the Japanese, Ferdinand can't care about it, just light a fire and forget it.

  As Ferdinand warned of the economic crisis in advance, the Bulgarian government sent people to monitor the financial market. Now some economists are aware of the crisis.

   Ferdinand did not expect that the economic crisis would spread to Bulgaria so quickly. According to economists’ expectations, it should be the end of 1892 that the crisis spread to the Balkans.

   The previous response plans were all prepared in accordance with the economic crisis that broke out at the end of this year. This is why Ferdinand did not pay attention to it.

  As a financial novice, Ferdinand can only choose to listen to experts. As for other traversers who made a fortune from the economic crisis, Ferdinand said: Without the protagonist's halo, he dare not die.

   At the end of the 19th century, it was a paradise for monopolisticism. The entire European economy was controlled by large and small consortia. If you want to make a big splash in the stock market, people can change the rules every minute and ask you to lose money.

   Of course, there are no big moves, and there are still a lot of small moves. How can Ferdinand be a member of the rule-makers, and it’s okay to get a share of it.

   The most loyal Carl Butler, this time he took on the important task and went to Germany where the crisis broke out first. Financial Ferdinand is not good at it, but bargaining is simple. Buying a bankrupt company at the price of cabbage can still be done without technical content!

  How is the harvest? Ferdinand still has no energy to care, and now he has to deal with the economic crisis in Bulgaria.

  The Sofia Palace, now the Bulgarian government is gathered together, all of them are frowning, what a terrible term "economic crisis" is.

   Especially Chekov, who has just returned from abroad as a diplomatic representative, has seen the tragedy of the German economic crisis, with tens of thousands of factories going bankrupt, and nearly 10 million unemployed people. Human tragedies are happening every day.

   Ferdinand is the most calm one. He knows that this economic crisis, the vast colonies of Britain and France are not seriously damaged; the backwardness of Russia's industry itself has not broken out an economic crisis.

   This means that the current economic crisis is not globalized, so the crisis in the Balkans is mainly affected by Germany.

   "Gentlemen cheer up, let's listen to the opinions of Rennes experts first on the issue of economic crisis!" Ferdinand said confidently

   Leh Holman Austrian, one of the well-known economists in the Austro-Hungarian Empire, was poached by Ferdinand at a high price. This time he asserted that the economic crisis has spread to Bulgaria.

As Ferdinand had just finished speaking, Rennes Holman was not polite, and said directly: "This economic crisis was originally caused by Germany. It was mainly because capitalists blindly invested in railways. Railways in many regions were repeatedly constructed, which exceeded market demand. In 1890, the German railway bubble exploded.

   then caused the stock market to plummet. Since then, stock prices have continued to fall, and a large number of companies have gone bankrupt, which happened to encounter a shortage of grain, which exacerbated the crisis.

   After the economic crisis broke out, in order to survive, German companies urgently needed to look for markets outside. There are signs that they are eyeing Bulgaria!

   But this question is a bit strange. Under normal circumstances, areas with backward economies and limited markets like the Balkans should be the last choice! "

   After finishing speaking, Renn Holman still had a puzzled expression, and was surprised by the performance of the German capitalists.

   But Chekov's face is ashen now, co-authored this crisis is also related to his visit. At that time, Germany was in an economic crisis. Many industrial products were sold in tears. Of course, the delegation bought and bought. Obviously, the delegation’s large purchase attracted the attention of German capitalists.

   Now that things have happened, it is too late to regret. Ferdinand saw that the expressions of the people were a little weird, and said with a wry smile: "Well, things have happened, and our strategic goals have been achieved, now we should find a way to deal with the next crisis!"

   "Mr. Lane, I want to know if the economic crisis breaks out, what will happen to the worst?"

Rehn-Holman thought for a while and said: "Your Excellency, Germany is a big industrial country. If we do not take measures, the domestic processing and manufacturing industries will face cruel competition. Moreover, the financial markets will affect each other, and this crisis will definitely spread. In other countries, our worst may be to face dumping from big countries."

   Renn did not say the result, but after analyzing the situation, everyone understood. This time, Bulgaria's processing and manufacturing industries are in bad luck.

   "Then what can we do now? Will the government pay to rescue the market?" Prime Minister Constantine asked uncertainly

   "Issued an economic crisis warning to make capitalists prepare to cut production, but no layoffs are prohibited! If a company wants to lay off employees, the company must first file for bankruptcy, and all shareholders of the company must not engage in this industry in the future!" Ferdinand said coldly.

   Everyone took a breath, this is to cut the flesh of the capitalists. But this is also the best way to maintain social stability most effectively.

   It is estimated that the Bulgarian government would dare to do this. If it were other countries, the capitalists would have had a big trouble.

   In fact, Konstantins are also very puzzled why the big capitalists in Bulgaria are very obedient, and the laws promulgated by the government have always been cooperative and never contradictory. Basically, the crimes are small capitalists. The capitalists who are profiteering from other countries are not a creature at all.

   can't figure it out, they can only be attributed to the simple folk customs, strong patriotism, and knowing the overall situation.

   Only Ferdinand knows that they are all his own vests, and of course he won't come out to sing on stage with himself.

   "Your Excellency, besides, can we still adopt financial control to limit the outflow of funds!" Constantine took Ferdinand's words

"Yes! In addition, we can also start some government projects in advance, UU reading www.uukanshu.com to absorb the unemployed! Also during the economic crisis, we can try to dig a group of engineers from abroad." Ferdinand thought. Want to say

  ……

   Then in just a few hours of discussion, the Bulgarian government came up with a set of temporary economic policies, ready to start.

Ferdinand is still a little self-aware. Although many measures are copied from later generations, he still has no idea whether it will work now. He asked: "Mr. Rennes, you are an economic expert. How do you think our strategy is feasible? ?"

   After listening to the discussion, Renn Holman has been stunned, and these measures dare to think about it. Have the Bulgarian capitalists changed to vegetarianism?

Hearing Ferdinand’s questioning, he hesitated for a while before reacting, and then he reminded me with dignity: "Your Excellency, these measures are theoretically feasible, but they have seriously harmed the interests of capitalists. Cause trouble!"

  Ferdinand said with a smile: “As long as it is feasible, Bulgaria’s capitalists are of high quality, and they will take care of the overall situation! Our government will also explain in the newspapers, I believe they will understand!”

   Rennes Holman was dumbfounded when he heard Ferdinand’s explanation. Is it because the Grand Duke is so naive to believe that capitalists will sacrifice their own interests for the sake of the overall situation?

   No, you must find a way to stop it, otherwise it will be spread to let people know that I participated in the formulation of this, and the first name will not be destroyed. Then he turned his gaze for help to the cabinet, but everyone was an expression of approval.

   Rehn wondered, is it possible that the high level of the Bulgarian government has gone crazy? Or is the quality of Bulgarian capitalists so high? ?

  

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