Bulgarian Empire

"Your Majesty, the economic crisis that did not break out in the United States has begun to spread to Europe. Should we activate the emergency plan?" The Chancellor of the Exchequer said worriedly.

Ferdinand had no choice but to complain that there are many economic crises in the capitalist era! This is the fourth time since he crossed over to the present, and it feels endless!

In October 19o7, the Bank of America crisis broke out, and about half of New York's bank loans were invested in high-risk stock markets and bonds as collateral by high-interest-return trust investment companies, and the entire financial market fell into a state of extreme speculation.

First, the news and public opinion were oriented, and a large number of articles promoting new financial concepts began to appear. At that time, there was an article by Paul titled "The Shortcomings and Needs of Our Banking System". Since then, Paul has become the chief advocate of the central bank system in the United States.

Shortly thereafter, Jacob Schiff declared at the New York Chamber of Commerce: "Unless we have a central bank sufficient to control credit resources, we will experience an unprecedented and far-reaching financial crisis."

Well, the internal affairs of the Americans have nothing to do with him, what Ferdinand cares about is the influence of the economic crisis! Fortunately, in this era, the European and American economies are not as closely connected as they were in the later period, especially the Eastern European region has less influence!

Affected by the revolution, the industrial strength of the Russians is now less than the seven levels before the war. In history, the bears continued until the outbreak of the World War, and they did not return to their peak!

Therefore, Bulgaria still has a few years to live. After all, the Russians' own industry and commerce cannot meet the needs of the market, and imports are inevitable!

And Bulgaria's cheap goods are just suitable for the consumption of the bottom people. Although the profit is not high, it is enough to maintain the operation of the enterprise!

After pondering for a moment, Ferdinand said: "Not for now, this economic crisis is mainly a problem of the American banking industry itself, and the impact on Europe will not be too great!

Before the Russian financial crisis broke out, the financial industry problems in European countries had already exploded. It has only been a few years, no matter how greedy the capitalists are, they still have to learn some lessons, right? "

In this financial crisis in the United States, Ferdinand really can't do anything, and the United States is still a loser in this year.

Although it has surpassed the British in terms of economic aggregate, it still lags behind the major European powers in terms of industrial technology, and its industry is just like Bulgaria, a copycat country!

Industrial equipment? advanced technology?

To be honest, there are really few that can be seen by Ferdinand. Instead of going to the United States to buy the bottom, it is better to buy it in Europe, at least the quality must be more reliable!

Oh, the Americans have developed a lot of technological inventions, but it is a pity that Bulgaria, which had practical value at that time, had already introduced it (pirated copies did not cost much money)!

For the rest of the projects that require a large amount of capital investment, Ferdinand said decisively that the mission of promoting human progress should be handed over to capable people. Bulgaria really cannot afford it now!

Since there is no benefit, of course you can't spend your energy on doing things. At most, you can make a small fortune with international capital in private, that's all!

Ferdinand really doesn't pay attention to the business of 1.8 million now. Even if the unit is sterling, it's not worth it for him to do it himself!

These were small things, but what really concerned him was that the British were ready to join the Allies!

Although the two sides are just an intention now and the negotiations have just begun, the Germans will soon help them make this decision!

Of course, negotiations are negotiations, and Ferdinand still can't do anything! Nominally, it was a negotiation between Britain, France, Russia, and Bulgaria. In essence, Bulgaria had the lowest right to speak among them, and being able to attend as a non-voting delegate was a way of saving face!

Among the former Allied Powers, the French had the heaviest say. They had no choice but to be the sponsors. If they had money, they would naturally have confidence!

But now it's different, the British are here! The arrogance of the British Empire cannot tolerate being a younger brother, and the French must give way!

If it's just the boss in name, then it doesn't matter, just let it go! But this also involves the distribution of interests among countries in the future,

And influence in international politics!

To put it simply, it's like a joint-stock company is about to be established, and everyone is fighting for the distribution of equity.

Like Bulgaria, who belong to one or two small shareholders, just watch the show on the sidelines; France and Russia are equivalent to the founders of the company, and the British are equivalent to the new investors who have invested in the shares, and they are fighting for the issue of equity distribution!

The more shares you get now, the more weight you will have in the company in the future, and the more benefits and dividends you will get in the future!

When it comes to the right to speak and the distribution of interests in the future, the three countries of Britain, France and Russia naturally refuse to give in to each other. Although the British have the most cards, France and Russia combined are no less than theirs, and the two sides began to argue!

...

After the British started the era of dreadnoughts, the arms race among countries intensified, and everyone started to eat dumplings.

The British Royal Navy has always been the implementation of the two strong standards, that is, the naval strength I ≥ the sum of the two countries ranked second and third in the world's navy!

Due to the relationship between national power, the French and Russians, the two old opponents of the British, did not keep up this time. Instead, the Germans took over the big stick!

Due to Ferdinand's butterfly effect, the British have not yet officially joined the Allies. Therefore, the British are more eager to reach an agreement with Germany temporarily, and they are trying to use the agreement to delay the expansion of the German navy!

Obviously, this negotiation ended without a problem! Germany, which has already risen, now needs to use the sword in its hand-to grab enough market for domestic industry and commerce.

But this is precisely what the British cannot give. After all, the industry and commerce of the British Empire also need enough markets, and there is no room for compromise between the two sides!

And letting the Germans continue to grow bigger will endanger the hegemony of the British and the national strategic security, and the conflict between Britain and Germany will begin to intensify!

Oh, in this international upheaval, has Bulgaria really become a spectator?

In fact, Ferdinand has been behind the scenes as a pusher. For example: In history, the conflict between the Italians intensified due to the annexation of Bosnia and Herzegovina by Austria-Hungary; but now these no longer exist. Austria-Hungary annexed Bosnia and Herzegovina as early as 1897. At that time, Italy had just lost in Ethiopia. I don't have the confidence to challenge others!

Even because of Albania, the Italians once had conflicts with Bulgaria.

However, the Roman government has just changed. The new government probably has no confidence in its own army and does not want to follow in the footsteps of the previous one, or it is afraid that Russia and the Austro-Hungarian Empire have reached an agreement. The conflict that took place in 1897, the two sides It was limited to a verbal fight, and it ended without a problem!

Similarly, due to the impact of the Balkan Wars, the Ottoman Empire had to continue to make concessions to the Germans, and now it has been tied to the chariots of the Allies, and the two sides are only one piece away from a peace agreement!

The attempt of the Italians failed again. Their plan to expand in Libya was opposed by the Germans. At the same time, since the British still joined the Allied Powers, it is naturally impossible to win them over!

After all, without the endorsement of the entire Allied Powers, the Italians still dare not attack the Ottoman Empire! Not to mention anything else, as long as the British open the Suez Canal to the Turks, the Italians will be caught blind!

Oh, these small things are not enough to change the general trend of Europe 6. Ferdinand knew that the two major alliances will eventually take shape, and Bulgaria's focus is still on the Balkans!

...

Due to Ferdinand's butterfly effect and Bulgaria's strong rise, Sofia has now become the political, economic and cultural center of the Balkans!

Ferdinand's long-term cultural export was not in vain. Now there are a group of insightful people in Greece, Romania, Montenegro, and even the Ottoman Empire. They chose to study in Bulgaria and learn the road to a strong country!

After all, compared with other countries, Bulgaria's rise is too legendary, from a small Balkan country to the present - only in the position of the six major European countries, it is completely a model of rebellion!

Oh, and the pushers of the governments of various countries are also indispensable. This is all in exchange for their bloody lessons!

After all, it is very dangerous to study in other countries with great powers. The messy revolutionary ideas are even more dreaded by any ruler!

Bulgaria will be much safer. You can learn anything here, but they have not been taught how to rebel!

Those who have returned from studying in Bulgaria have learned a skill no matter how bad they are, and can easily find a job.

The ruling class is not stupid, they know what they need, even if they are politically hostile to Bulgaria, but when sending overseas students, everyone still gives priority to Bulgaria!

Although the tuition fees in Bulgaria are much higher, the difficulty of applying for the only two universities is among the best in the world, and most people can only go to ordinary technical colleges, but for the governments of all countries, these problems can be overcome!

This was also an unexpected gain for Ferdinand.

The current education in Bulgaria is aimed at cultivating engineers and scientists. Usually, everyone is very busy and has no time to think about it.

And there is also brainwashing ideological education, instilling in everyone the concept of loyalty to the monarch, patriotism, and hard work to rejuvenate the country. This happens to be liked by any monarchy country, and foreign students can't do it if they don't think too much!

Ferdinand knew that with the development of Bulgaria, the scope and number of international students would continue to increase, and most of these international students would be in high positions after returning home, which would greatly help expand Bulgaria's regional influence!

Of course, it is impossible to open the back door! Bulgaria's educational resources are precious, and what is taught is real knowledge, which is different from the foreign students recruited by the foreign powers to export revolutions!

No matter who it is, as long as you fail the exam, you will be cut off from the university!

Unless you pay more than ten times the tuition fee and become an auditor, you don't even have the qualifications to enter the school!

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