Bulgarian Empire

St. Petersburg, Nicholas II has not been in a good mood for a long time. After a series of blows, he has matured a lot now, at least he can suppress his anger and not explode at any time!

But seeing the telegram from Sofia, he still couldn't help but get angry. In Nicholas II's view, the Bulgarian government is undoubtedly taking advantage of the fire, and it just hits seven inches above the Russian Empire!

Nicholas II is having a hard time now, and many of the reasons are forced by money. The long-term war has destroyed the economy of the Russian Empire.

The economic situation is not good, and the government's fiscal revenue is naturally not high. In addition, the previous crackdown on capitalists has confiscated many factories, learned from Bulgaria's successful experience, and then added a bunch of state-owned enterprises.

It's a pity that they only learned superficial skills, but brought in the tsarist government's system in the system. Instead of bringing him profits, these enterprises have been in a state of loss.

In order to keep employment, Nicholas II also had to grit his teeth to keep these companies from going bankrupt.

In this loan negotiation, Nicholas II VI wanted to use these companies as mortgages, but unfortunately the Bulgarian government was not fooled at all, and he just looked for the land!

One Bessarabia was not enough, and Nicholas II was very embarrassed by focusing on the Crimean Peninsula.

Rationally speaking, the current Crimean Peninsula has also lost its original value. It is impossible to rush from the Black Sea to the Mediterranean Sea. It is better to sell it for money!

But emotionally, giving up the Crimean Peninsula is equivalent to giving up the Black Sea. You must know that the Russian Empire has been fighting the Ottoman Empire for hundreds of years for the Black Sea.

...

In the Sofia Capitol, the 10-year plan review meeting is still going on, and now it is discussing financial issues. Bulgaria has developed to the present, and there are only three banks, which is too little.

Many people know that the government must open up capital to enter the banking industry, otherwise the monopoly position of the three major banks will become more and more consolidated after a long time, which is no exception to the domestic economic development.

The host Rolex Dodd stepped onto the rostrum and said: "Today's topic is finance. Everyone knows that there are only three banks in Bulgaria, and many people outside are criticizing our banking monopoly.

This problem must be solved. The government planned to carry out financial reforms a few years ago, but the financial tragedy initiated by the Russian Empire delayed this process.

Everyone knows about the civil war in the Russian Empire, and about the financial crisis that triggered it, but few people know the details.

From what we know, the financial crisis in the Russian Empire was man-made. The reason is very simple. The world war made many Russian capitalists make war fortunes, but people will not be satisfied.

The appetite of the capitalists is getting bigger and bigger, and finally they have penetrated into various industries. In order to obtain high profits, they push substandard products to the market as shoddy products, and the weapons of the army have become disposable items. The main reason for the failure of the Russian Eastern Front.

At the same time, in order to obtain high profits, they hoard and artificially create market shortages. For this reason, they did not hesitate to pour milk into the river and treat food as garbage.

All of these are well-documented. They happened in central Siberia and the southern part of the Caucasus region, and some reporters took pictures of them, which caused a sensation in the world at the time.

The reckless behavior of the capitalists finally attracted the suppression of the tsarist government. In order to retaliate against the government, they launched this financial war.

The bankers in the Russian Empire intentionally created an accident, and then used it as an excuse to declare bankruptcy, robbing the depositors of their money, and finally triggered a nationwide financial crisis.

The aftermath of this financial crisis was the collapse of the mighty Russian Empire, now divided into three governments.

Lessons learned from the past, we dare not forget that after such a thing happened, our financial reform was also delayed,

After all, the safety of funds comes first.

The three major domestic banks are at least impeccable in terms of reputation. The government does not collect their deposits. Each of them has hundreds of tons of gold lying in the treasury. These are the best deposits.

Therefore, the financial reform plan formulated by the Bulgarian Ministry of Finance fully considered these factors. For the safety of depositors’ funds and the country’s financial security, we have raised the entry threshold, which is higher than all countries in the world. many!

Article 1. All banks that conduct full-scale operations in Bulgaria must pay two hundred tons of gold as a guarantee. If the bank wants to leave, the government will refund it after liquidation;

Article 2. The bank's capital flow must be supervised by the government, and large capital outflows must be reported to the government;

Article 3. The agitation of the bank must be a citizen who has lived in Bulgaria for a long time, and the social contribution must not be lower than the social average level, and hold a large amount of fixed assets in Bulgaria. The spouse and parents of the children must also be long-term residents of Bulgaria;

Article 4. When foreign-funded banks conduct business in Bulgaria, they do not require the identity of shareholders, but they must ensure good reputation and submit a deposit of at least 300 tons of gold to the government;

Article 5. If there are foreigners among the shareholders of the bank, it will be regarded as a joint venture bank, and will be subject to the dual constraints of the foreign bank management law and the local bank management law at the same time;

Article 6. Any stocks and securities issued by the bank must be responsible for its authenticity. Once there is a problem, the bank will bear joint and several liabilities;

..."

How strict is this? It is clear that newcomers are not allowed to enter. Given this series of conditions, how many are capable of opening a bank in Bulgaria?

It can be said that as soon as this news is announced, those who are gearing up for a big fight will be disappointed. Under so many restrictive conditions, they still want to fish in troubled waters?

Okay, let's pay the gold first! With the current ratio of currency issuance, the banknotes printed by two hundred tons of gold are enough to fill the holes created by the banks.

After a pause, Rolex Dodd said again: "If you have any doubts, please raise your hands! ~~ The first gentleman on the right-hand side of the third row please speak!"

The MP who was named stood up and said, "Dear Mr. Haro, I would like to know how many consortiums are eligible to open a bank based on the restrictions set by the government now?

If there is no family, is it necessary for us to set these conditions? Isn't this the government deliberately setting restrictions to protect the monopoly? "

Minister of Finance Harrow Gilsmore replied with a smile: "Please pay attention, sir, it doesn't matter how many banks meet the conditions for opening a bank. The Bulgarian government serves all the people, not the consortium. !

Secondly, is the government deliberately setting restrictions? This question is very simple. Without these restrictions, can we guarantee the safety of depositors' funds?

The purpose of the Bulgarian government is to give priority to the interests of all the people, and not to ignore the interests of everyone for the benefit of a certain interest group or individual!

For ordinary people, it doesn't matter how many banks there are or how few are few, the most important thing is safety! If you can't guarantee the safety of depositors' funds 100%, you don't need such a bank! "

There was thunderous applause at the venue. For most people, they don't care about the number of banks, but the safety of funds must be considered.

The man continued to ask: "Mr. Hello, can't the government supervise funds to ensure the safety of depositors' funds?"

Harrow-Gilsmore thought for a while and said: "It's not impossible, but the cost is too high, and the gain outweighs the gain. If the government is to regulate, we must regulate every business of the bank.

In this way, as many employees as there are banks, the government will arrange almost the same number of employees to follow them. I think if this is the case, why do banks need it?

It's better for our government to do all these things and waste less human resources! "

There's nothing wrong with it. Who told the neighbor next door to make such a fuss? Almost everyone in Bulgaria knows that everyone is very concerned about the safety of bank deposits.

For ordinary people, all these ins and outs are bullshit, all they know is that the bankers are greedy and swallow the depositors' money.

And these new Russian immigrants are the victims and the best propagandists. They have blackened these people into Xiang, so when the financial system is liberalized, the biggest resistance is not from the domestic banks, but from the vast majority. of the Bulgarian people are against it!

So under the influence of this idea, the bank bill introduced by the government is of course as strict as it is, and it never thought that the streets would be full of banks.

Rolex Dodd said again: "Okay, now that everyone has no objections, this bank reform draft has been passed, and after the revision is completed, it will be sent to Congress for approval again.

Now let's discuss the next question, whether to fully open the stock market, the government is also very confused about this issue.

The stock market can raise funds for enterprises and accelerate the development of enterprises, but the stock market itself cannot create wealth and belongs to virtual wealth.

And this wealth is really vain, vain to be a millionaire today, and a millionaire tomorrow!

This is inconsistent with the traditional concept of Bulgaria. Getting something for nothing has always been the greatest enemy of mankind, and the stock market has magnified the idea of ​​​​"get something for nothing" to the maximum!

Therefore, the government has decided to leave this issue to the Congress. The time has come for members of parliament to decide the future of Bulgaria. If you agree or oppose, please cast your crucial vote!

Before voting, if you have any questions, you can still ask them. Mr. Harrow, the Minister of Finance, will answer them for us. Please raise your hands now! "

After a pause, Rolex Dodd said: "The third gentleman from the left in the second row, please ask a question!"

The man stood up and said seriously: "Dear Mr. Haro, I think it's really irresponsible to entrust us with the decision-making power on this issue. Less than five percent know something about it.

With our level of knowledge, it is really difficult to make the right choice. And among the people who know, they are very likely to be practitioners in related industries. Out of their own interests, they may also make choices that go against their conscience, so I think it is better for the government to make a decision on this issue! "

Finance Minister Harold Gillesmore was dumbfounded, the host Rolex Dodd was also dumbfounded, and even Ferdinand was dumbfounded in the background. Is there such an operation?

It is estimated that this is the first time in the world that members of Congress have refused to vote because of their lack of knowledge and handed over this right to the government!

Before they could react, there was thunderous applause again, and the councilors had already shown their attitude with practical actions.

If we don't understand this question, we won't vote!

Finance Minister Harrow Gillesmore thought for a while and said: "Well, this is our job error, the stock market is a familiar and unfamiliar business to us.

We often see it in newspapers, but not in Bulgaria! In fact, as early as the last century, Bulgaria already had a stock market and a stock exchange.

It's just that later, it was closed due to various reasons. If the older generation bought stocks back then, they probably still knew that they were fooled.

I can't explain the specifics for a while, but everyone knows one thing, no profit, all the actions of capitalists are for profit!

Can buying stocks make you rich? I can only say that some people can, most people can't!

The biggest problem now is that the open stock market is somewhat in conflict with our traditional culture. In my personal opinion, the open stock market government can collect more taxes, which can speed up the development of Bulgaria, and at the same time, our moral level will also decline! "

After finishing speaking, Harrow once again handed over the decision-making power to the Congress. The stock market is a big hole. It is good that there is no economic crisis. Once the economic crisis breaks out, I don’t know how many people will be trapped and go bankrupt!

The Bulgarian government dare not take this blame, not to mention Ferdinand, he knows the pros and cons of the stock market better than anyone else, if it is not for raising money, he would not agree with the government to raise this issue.

Now he doesn't have to worry about it. It seems that the Bulgarians are still very resistant to this kind of virtual economy. Most of the Congress will not pass it, so all aspects can be explained.

If capitalists at home and abroad want to scold, they can scold Congress! Of course, scolding is useless, the councilors are secretly influenced and controlled by Ferdinand, and they do not allow anyone to collude!

That's why the Bulgarian government forbids collusion between capitalists and members of Congress. It means catching one and killing another. The weak bourgeoisie in Bulgaria still dare not come forward.

Seeing that the meeting place fell silent, Rolex Dodd said again: "Members, do you have any objections?

The second old gentleman in the first row, please ask! "

The old man stood up and said angrily, "I propose to permanently ban the stock market in Bulgaria. We can't ask for this money that we don't work for!"

Ferdinand in the background rubbed his forehead, don't be so radical, is the power of traditional culture so strong? Or is it the victim of the stock market crash that year, and the memory is still fresh?

Rolex Dodd thought for a while and said: "If the old man wants to make a proposal, he must have at least ten members of Congress!"

As soon as the words fell, someone stood up again and said, "Can you count me in?"

As more and more congressmen took up positions to express their attitude, Rolex Dodd had to shout: "Stop! There are enough proposals, and now we can vote. Since this matter violates the relevant procedural provisions, I want to I would like to ask His Majesty the great king, whether this proposal is effective!"

Ferdinand said lightly: "The proposal is valid and can be voted on!"

Although this violated the details of the congressional proposal, it would not affect the final result. Ferdinand did not intend to change the result of the vote, so why delay?

After hearing Ferdinand's answer, Rolex Dodd immediately announced: "His Majesty the Great King has approved this proposal, and now we will vote!"

The result is self-evident. In the face of morality and money, members of parliament chose morality without hesitation. It is impossible for the stock market to appear in Bulgaria in the short term.

It is Bulgaria's national policy to crack down on idleness and evil work, and they will not allow anyone to destroy it.

Unknowingly, the Bulgarian bourgeoisie was tricked by Ferdinand again. This issue was brought up in advance. Under the power of tradition, it was almost 100% rejected!

After losing the fast financing channel of the stock market, it is not so easy for them to grow rapidly.

Not everyone has a bank in their hands, they can get financing through the bank, and there is no need to play the stock market! Being able to play like this in Bulgaria became exclusive to Ferdinand, and the capitalists had to choose whether to work for the country or the king!

Anyway, even if the banking industry is opened up, the monopoly pattern remains unchanged. Local capitalists have no strength to establish banks, and foreign capital is restricted too strictly. It is better to invest in other industries!

Well, these are all Ferdinand's wild thoughts. In fact, Bulgarian capitalists are not interested in going public, and they don't want the company they built to become someone else's.

Even if they can still become major shareholders, many people still plan to treat them as family heirlooms and pass them on from generation to generation. Family business is the mainstream of this era!

...

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