Bulgarian Empire

Vol 6 Chapter 11: British Pound Group vs Lev Group

A genius remembers the address of this site in one second: (Vertex Chinese), the fastest update! No ads!? The world situation has become completely unrecognizable. Who will initiate this war?

Ferdinand was confused. Judging from the current situation, when the war broke out one day later, Bulgaria's advantage would be greatly increased.

From a good perspective of development, among so many countries in the world, among the great powers, Bulgaria has the fastest growth in national strength.

If you can lie down and win, why take risks?

The British and French anti-war is the mainstream, and the appeasement policy has already begun. Otherwise, Germany and Italy will not be able to re-arm.

Now that Germany and Italy are not strong enough, and there is no blood transfusion of American tyrants, it is difficult to break the international order.

The Austro-Hungarian Empire was out of luck and was too close to Bulgaria, so they have always kept themselves safe, unlike the master of things.

The Russians don't need to think about it. Nicholas II is already old, and his ambitions have long been beaten to nothing. He is the one who least wants European chaos.

Stalin was very ambitious, but his strength was limited and his population and traffic were limited. Even if he pirated Ferdinand's five-year plan, his results were very limited.

In the Far East, they are also threatened by the Japanese. They are the kind of powerless!

The United States is worthy of being the chosen country. Even if it is divided, the small days of the countries are now going very well without the atmosphere of war.

Radicalism prevails in Japan in the Far East, but who are they going to fight? This is a serious problem. The two factions going north and going south are arguing.

The steel output of less than two million tons is really difficult to support a big war, and can only play the kind of wave.

The arms race has been provoked, and the Bulgarian government has made it clear that it is aimed at Japan, but unfortunately no one believes the truth these days.

Even the Japanese government does not think that Bulgaria's navy expansion is aimed at them!

In their view, this is a very obvious strategic deception. Whoever believes is a fool!

Why should Bulgaria PK with Japan? What is the reason? Where are the benefits?

This is obviously not logical!

Could it be that because of the fear that Japan will start the Kingdom of Alaska and the Kingdom of Hawaii? However, the Japanese government stated that they had no plan at all.

The reason is very real. The radicals at the bottom are frightened. If they don't do things, the Japanese government will not take the initiative to do things.

They have had enough trouble, add new fronts, don't you think they die fast enough?

Hawaii is in the middle of the Pacific Ocean. Everyone can tolerate the existence of an independent Kingdom of Hawaii, but absolutely cannot tolerate Japan's control of this strategic location.

The same is true for Alaska. The Canadian Self-Government can be neighbors to this small kingdom, but it is better to avoid talking about neighboring Japanese!

The attitude of Canada can affect the position of the British, they must ensure the safety of the younger brother, and the Kingdom of Alaska can affect the position of Bulgaria.

Whether it is the Soviet Union, Russia or Japan, they can only sigh and sigh, and at the same time, they are bothered by the two most powerful countries in the world!

But Ferdinand doesn’t know what the Japanese think? A beautiful misunderstanding triggered this arms race!

If the parties did not figure it out, the outside world became even more unclear. Everyone naturally did not agree with the official explanation of the Bulgarian government.

On the contrary, it is challenging the world hegemony of the British Empire. This statement is even more acceptable!

Affected by the arms race, John Bull, unwilling to lose, is also fighting back.

In the military, the "Navy Act" was issued tit-for-tat, that is: in the same period, the number of ships built by the Royal Navy cannot be less than that of any country!

This is obviously aimed at Bulgaria's shipbuilding plan, but the United Kingdom is still more restrained and did not directly point its head to Bulgaria.

Therefore, Little Ferdinand pretended not to see it, and did what he should do, and did not respond **** for tat. This is unnecessary!

Economically: Since the abolition of the gold standard, the value of the pound has been declining. Coupled with the impact of counterfeit banknotes, the value of the pound is now only one-third of its peak.

The export competitiveness of commodities has emerged, the wealth of the British people has been almost plundered, and the gap between the rich and the poor continues to widen.

The so-called stimulus of the economy has not undergone a qualitative change. After the beginning of trade barriers, the British can only live by guarding their own acre of land.

In the international mainstream market, tariffs are a big problem. Bulgaria has formed the Eastern European Economic Union and established an economic ecosystem.

The British were naturally not far behind. In 1933, the London government wooed Argentina, Brazil, Peru, Colombia, Paraguay, Bolivia, Panama and other countries to form the British Pound Group.

Through the form of a treaty, the mutual trade and international accounts of the member states are all settled in British pounds.

The currencies of various countries have a fixed exchange rate with the British pound, and the British pound is used as the reserve fund for the issuing currency. All countries deposit most of the gold in the British Bank for international trade settlement.

In addition, the London government also announced that foreign institutions or individuals are prohibited from issuing securities in the UK to prevent capital outflows.

Affected by the establishment of the British Pound Group, in 1934, Britain's foreign trade volume increased by 27%, regaining its status as the world's largest trading country.

"Your Majesty, the British established the British Pound Group, and we can't just ignore it. It is imperative to establish a settlement system with Lev as the international currency!" Prime Minister Torsky said cautiously

"Well, this is natural. The Eastern European Economic Union we established before is a small-scale common sense. If we compete in currency settlement, we still have an advantage in Europe!" Little Ferdinand thought for a while and said

The reason is naturally that Bulgaria's trade in the European market has become more important. For example, 75% of the oil market in the entire European region is monopolized by Bulgaria.

Otherwise, Portugal, Sweden, Norway, Denmark, the Netherlands and other countries would have been wooed by the British.

Now they are not standing in line, a large part of the reason is because of oil supply.

There are many oil producing areas in the world, but there are not many oil fields that can be exploited in this era. Most of them are controlled by Ferdinand, which intentionally limits production.

Artificially created a situation in which demand exceeds supply. The international oil production giants, of course, are all embarrassed. It is a good thing to make more money. No one can refuse.

The second is commercial trade. In the field of machinery and equipment production, Bulgaria maintains its leading position in the world, and British and French capitalists are more willing to use Bulgarian equipment.

Even in the field of food processing, the products exported by Bulgaria are more trusted by consumers. Even if the price is higher than similar products, they cannot dispel their enthusiasm.

This is a brand effect. After long-term publicity, the world knows that Bulgaria's food safety standards are the most stringent.

No one knows how the capitalists’ morals are better than they do. They never eat the products they produce.

People with financial means are naturally willing to buy some safer and more assured products.

Due to Bulgaria’s trade balance policy, the more exports, the more imports, unless the gap between the two parties is too large to achieve trade balance.

Under this circumstance, governments of various countries are naturally more willing to trade with Bulgaria. There are in and outs, and everyone takes what they need, which is what everyone likes.

To this end, the Bulgarian Ministry of Foreign Affairs signed a lot of treaties for mutual MFN treatment.

"Yes, Your Majesty! Now we need more people, come to our side ~ www.wuxiahere.com~ Once the Lev standard is established, the British will be caught blind!" Prime Minister Torsky said

"Is there any specific plan? It is not easy to win over these countries. They are not the natives of America. The British got on the boat after a while!" Ferdinand said with a smile.

European countries have not yet stood in line, so they are naturally waiting for the price. Whoever gives the big benefits, they will fall to whom, this is very realistic.

If South American countries can delay for a while, it is estimated that the British bid will be even higher after Bulgaria’s offer.

"Your Majesty, we can engage in oil lev bundling settlement. We do not accept any other currency settlement. Of course, gold is an exception!" Chancellor Merkel proposed.

This is not a joke. People of later generations will be shocked when they look at the map. Most of the top ten countries in the world in terms of oil reserves are Bulgarian, and most of the top twenty countries are still in Bulgaria.

If you calculate the total amount, the world's six or seven layers of oil are buried under Bulgarian land. Many countries cannot refuse this kind of play.

If one day Bulgaria stops selling oil, the world's industry will be paralyzed. This is the best weapon.

"Well, you can do it, but you should pay attention to the methods and don't make everyone too disgusted. After all, there are many oil fields controlled by the British!" Little Ferdinand thought for a while and said.

The amount of oil used in this era is not as exaggerated as later generations. If it is overplayed, John Bull can still meet market demand by exploiting it regardless of cost.

Of course, the possibility of this happening is almost zero, no one is willing to do business at a loss, and capitalists are not philanthropists.

Even if it is government intervention, it cannot harm their interests. Otherwise, refer to how many regimes the oil tycoons have subverted, and you will know!

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