Bulgarian Empire

Chapter 10. The Russian financial crisis broke out

After dealing with the treasure, Ferdinand was free again. Take little Ferdinand to run around every day, even when dealing with official business.

The little guy also misses Ferdinand very much, and wants to hug him when he sees him. He also attacked him suddenly from time to time—pissed on him, or wiped his saliva with his clothes, but Ferdinand was not impatient.

Especially not long ago, little Ferdinand spoke, and the first thing he said was "piss"! However, Fei directly defaulted to "Dad" shamelessly. It is understandable that the child's pronunciation is not accurate!

The relationship between father and son made the two hostesses of the family very jealous. For this reason, they also divided the time of raising the baby, and tried their best to teach little Ferdinand to learn to speak.

However, Ferdinand's good mood didn't last long. He had already confirmed that the first sentence the little guy learned was not "Daddy", but "pissing"!

Because every time the little guy opens his mouth, he either pees or shits! This made him very embarrassed. The previous act of pretending to be coercive was a complete failure, and it made him lose face in front of the two mistresses!

Ferdinand has already decided that when the little guy grows up, let him experience what aristocratic education is.

The education of the Saxe-Coburg-Gotha-Kohari family, even now he can still find it from the memory of the original owner!

"Practice three summers in summer and three colds in winter." This sentence is not enough to describe his experience!

In Ferdinand's memory, he began to receive aristocratic training at a very young age. First of all, he learned language and characters, noble etiquette, and when he was a little older, he began to receive military training, including music, art, history, humanities...

In short, don't even think about having a few days off all year round! Apart from my own birthday, the birthdays of my elders, and Christmas, I think it is a holiday to participate in noble social activities!

So now Ferdinand is still proficient in German, French, Russian, Hungarian, and a little bit of Arabic and Spanish, all of which are left over from his predecessor. (Note: Bulgarian and Russian can be used in common)

Ferdinand was lucky not only once, but fortunately he preserved the memory of his predecessor, otherwise, with his scumbag attributes, he might not even have learned a foreign language now!

After thinking about it, Ferdinand had to look at his son with sympathy. A beautiful childhood was too much of a luxury for him!

Maybe three years old, maybe four years old, and it is impossible to exceed five years old at the latest. He will bid farewell to his childhood life and start to learn a lot of things.

Of course, the little guy doesn't know yet, but his unscrupulous father is really gloating. At this moment, his eyes are rolling, as if he is thinking about something!

Leisure time is always short, especially for a king!

"Your Majesty, the Jewish consortium has taken action against the Russian stock market!" Fhu said in admiration

For Ferdinand's precise judgment, people who know him better will admire him more, and Fhoo is no exception!

Ferdinand said lightly: "As expected, our layout can also close the net!"

Knowing that the beginning of the economic crisis is the stock market, how could Ferdinand not enter the market to make a fortune? Long before the Jews acted, he bought a lot of stocks in batches, waiting for the opportunity to make a vote!

Fhu was slightly taken aback, and asked suspiciously: "Your Majesty, is it too early for us to retreat now?

The Jews have just started driving up stock prices, and the Russian stock market should continue to skyrocket in a short period of time. If we retreat now, wouldn’t the loss be too great? "

Ferdinand shook his head. If he didn't have the treasure he got before, maybe he would be really tempted and take the risk of taking a chance. Forget it now, he doesn't think he is a genius when he plays finance. It is more likely to be played to death!

He explained: "Jews have been playing finance for thousands of years, right? There may be people who can outperform them in this area, but it will definitely not be us! If they are tricked by them and become a back-up man, it will be troublesome. Already!"

Following Ferdinand's order, the stocks under his banner began to be sold quietly and slowly. But now the Jewish syndicate is preparing for the harvest,

The stock price is still rising, and the stocks released by Ferdinand will naturally be taken over by someone!

As for shorting? A small amount is okay, but a large amount: Ferdinand said that if anyone dares to do this, after the outbreak of the Russian financial crisis, Nicholas II will ask him how to rewrite his life?

Don't look at the Jewish consortium making a lot of money this time. In the next few decades, the root of the Russian anti-Semitic movement will be planted now!

(Lessons from the past 404, omit 50,000 words about the situation in the stock market)

...

Taking advantage of the wind that the Jewish consortium drove up the stock price, Ferdinand took the opportunity to make a small profit and left the market in a hurry.

At this time, the stock market of the Russian Empire has begun to break through the sky, and the market has skyrocketed by 80% compared to half a year ago, but the stockholders still firmly believe that the stock market will still rise!

It's not that everyone doesn't understand that the current stock market is already very dangerous. But many people think that it is not the peak yet, holding the attitude of selling as long as there is another wave of rise, and looking forward to the appearance of another wave of takers!

The tsarist government was not unaware of the turmoil in the stock market. However, what is now being pursued is a free market economy, and the concept that the market should regulate itself even if there is a crisis, the tsarist government chose to watch all this with a cold eye!

...

Finally, the Jewish consortia felt that the time was right. On June 2, 1899, the crisis broke out on the St. Petersburg Stock Exchange!

More and more sell orders were placed, but no one paid any attention, and the stock price began to plummet!

The fluctuations in the stock market soon spread to the financial market. A large number of bad loans appeared in the bank, and the run crisis broke out.

There are long queues of withdrawals at the gates of banks, of course, the efforts of competitors are also indispensable!

...

"Your Majesty, the Russian financial crisis has broken out!" the Minister of Finance said anxiously

He came with him, as well as the Bulgarian cabinet ministers and senior officials of various ministries and commissions. Everyone looked very uncomfortable at the moment.

The Bulgarian-Russian alliance is not a simple military alliance, it is an economic alliance for Bulgarian-Russian economic integration. If there is a financial crisis in Russia, Bulgaria should not think about being alone!

Of course, the financial crisis can still be dealt with. This has little impact on Bulgaria. It seems that Bulgarians have little interest in the stock market. Due to the small scale, they were also affected by the Stam cabinet incident.

As early as 1888, Ferdinand ordered the temporary closure of the stock exchange. The so-called stock market crash, for Bulgaria, everyone can only be a melon eater, just look at it.

As for those who want to speculate in stocks, what should they do? Of course it's salad! The ideas of a few people cannot compete with the general trend!

Anyway, it is not popular for ordinary people to trade stocks across borders these days, and going abroad is also a troublesome job!

Especially after the Balkan War, the national self-confidence of the Bulgarians suddenly rose. Except for Austria-Hungary and Russia, they dismissed other countries in Eastern Europe!

Nearby Greece and Serbia have securities exchanges, but unfortunately everyone looks down on them! Austria-Hungary and Russia are far away, so you can't spend a few months on the road to buy a stock, right?

Ferdinand said with a smile: "Don't worry, the financial crisis will not affect us, and the Bulgarian people don't buy stocks!

Moreover, the Federal Reserve Bank has just been established. In order to raise gold, the overseas business of United Bank and Royal Bank is greatly reduced, and the impact will not be too great; the National Bank will not go out to play finance, right?

As long as the three major banks are stable, the financial crisis in Bulgaria will not break out! "

The Minister of Finance is also a fan of the authorities. With the increase in the trade volume between Bulgaria and Russia, the Union Bank and the Royal Bank naturally followed the trend and opened multiple branches in Russia to carry out exchange business.

At this time, a wave of bank runs broke out in Russia, and they were naturally the first to bear the brunt. If any of them had a problem, the Bulgarian financial circle would not be able to bear it!

Of course, he was more worried about Union Bank. The Royal Bank was Ferdinand's family bank. With the support of this big family, it would never go bankrupt!

Moreover, the Royal Bank of Bulgaria has a high reputation even in Russia, and its credibility is still reliable in the hearts of ordinary people. Few people will worry about it going bankrupt!

Even if there is a run on the bank, the first unlucky ones will be the small banks!

Very bad, although Union Bank is very powerful in Bulgaria, it is really a small bank internationally, at least the Russian people think so!

Bulgarian business community? Is this a ghost? How strong can they be? How many million rubles? Or only a few hundred thousand rubles?

It's a pity that he didn't know that Ferdinand was also behind the United Bank, otherwise he wouldn't be so anxious.

The Bulgarian business community sounds very powerful, but in fact, everyone is nouveau riche, and their family background is really not rich. It is undoubtedly a fool's dream to ask everyone to use money to fill holes!

Chancellor of the Exchequer Kennedy echoed: "Yes, the financial crisis will not affect us too much!

The real trouble is the industrial crisis that followed the financial crisis! At present, after Russia's finances have been hit hard, many companies will go bankrupt directly due to funding problems!

At that time, there must be a large number of unemployed people, and the purchasing power of the unemployed people will drop significantly. The Russian market will shrink significantly in a very short period of time, and our export of industrial products to Russia will be in big trouble! "

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