After working for more than half a month, Ferdinand finally finalized the main outline of the "Third Five-Year Plan", but after seeing the final total investment, Chancellor of the Exchequer Kennedy fried the pot!

"Your Majesty, isn't this number too big? 8 billion leva, this is to invest all the financial revenue of Bulgaria in the next five years! Kennedy said in horror

Ferdinand's face remained unchanged, these were all expected by him, with Bulgaria's current financial revenue, not to mention 8 billion leva, even if it was discounted, the government would not be able to take it out!

Even in 1907, Bulgaria's fiscal revenue reached 18.6 leva, but the income increased, and the expenditure increased again!

After thinking about it, Ferdinand settled an account with Kennedy and said, "We all know this very well!" Judging from the current economic situation in Bulgaria, the fiscal revenue in 1908 will be the same as in 1907, which shows that after the Russo-Japanese War, our economic transformation is still going well!

Under normal circumstances, according to our economic growth estimates, fiscal revenue in 1909 would have exceeded at least 2 billion leva, and by 1914 it would exceed 3 billion leva, which is quite normal!

On average, it is not difficult for the government to allocate 500 million leva from fiscal revenue every year to the 'Third Five-Year Plan', right?

That's 2.5 billion leva, and we can also issue a batch of national debt! With the current situation in Bulgaria, more than ten or two billion leva can be sold, right? In the international market, it is not a problem to sell more than 10 or 2 billion leva in five years, right?

Optimistically, it is estimated that there are more than 6 billion leva of funds! For the remaining funding gap of more than 10 or 2 billion leva, can your Ministry of Finance go to foreign consortiums for loans? The British and the French must be happy to do this business now! ”

Compared to more than ten years ago, the situation is much better now! At that time, the Bulgarian government had to have a headache for tens of millions of leva, and now any project is not this number!

In the past, tens of millions of leva were issued, and they had to be accurately calculated, but now Ferdinand is opening his mouth to be billions, not without reason!

In terms of economic aggregate, the economic aggregate of Bulgaria in 1908 was already more than ten times that of 1888, which is the benefit of the basic plate becoming larger!

Population increases, resources increase, market capacity increases; Imported resources were reduced, and the Ottoman Empire was deprived; The traffic situation has improved, and industrialization has been completed......

Under this series of comprehensive factors, Bulgaria has formed a virtuous circle, and now it has formed an independent and self-hematopoietic "small economy"!

In fact, is it really as simple as Ferdinand said? Chancellor of the Exchequer John F. Kennedy could say with great certainty that no!

Let's talk about military spending! In addition to routine daily expenses: 270 million leva (about £10.8 million) for the army and 60 million leva (about £2.4 million) for the navy

These are just a series of expenses such as daily training, personnel salaries, equipment maintenance and a small amount of upgrading, as well as the research and development of new weapons!

In this five-year plan, in order to cope with changes in the international situation, the army will expand its army by 200,000 within five years, with a financial allocation of 860 million leva (about 34.4 million pounds), and the navy will also be expanded by 5,000 yuan, plus two new dreadnoughts, four destroyers, two cruisers, and eight submarines, and the financial allocation will be 300 million leva (about 12 million pounds).

These are all ideal, once the arms race escalates, the Navy can let them stop playing soy sauce, but who in the Army would dare to let them stop?

Where will the money come from? These are all issues for the Treasury to consider, and what if Kennedy wasn't worried?

"Your Majesty, in this way, our finances that have just improved, will soon be burdened with a huge amount of foreign debt, and the interest alone is a large amount every year. Can't it be slowed down any longer? Kennedy continued to fight for it

"Hey!"

Ferdinand sighed and said, "Time is not waiting for me! In this way, first release the news of our military expansion, and then drag it out on the grounds of insufficient military spending!

When the situation in Europe escalates further, the British and French will take the initiative to come to the door, and they should be able to save a sum of interest at that time! ”

Oh, Ferdinand decided to learn from the Russians, who historically expanded their armies due to financial constraints and came up with rogue moves.

If Britain and France do not give loans, Lao Tzu will not expand the army, and the military pressure on the European continent, the French will resist it themselves!

Anyway, with the contradiction between Germany and France, the first to be unlucky were the French, and the Russian Empire had a vast territory as a strategic buffer, and even if a war broke out, they could afford to drag it out!

Bulgaria is in a better situation now, anyway, there is no need to face the Germans directly, Ferdinand can also play scoundrels, and we will not expand our army if we don't have money!

Even if war broke out immediately, Bulgaria was not the key offensive direction of the Central Powers, and the Serbs withstood the attack of a partial division defending Austria-Hungary!

With the current strength of the Bulgarian Army, once mobilized, it will not be difficult to kill this partial division, what is Ferdinand afraid of?

Although the British have now joined the Entente, the pressure of the Germans on the French on land has not been reduced, and the Royal Navy cannot go ashore!

Besides, the British do not have military obligations to the Entente, and after a while, the politicians in France will definitely react, and then the French will naturally come to the door and ask for the help of the two countries!

Anyone who knows Ferdinand knows that this kind of thing will happen more often in the future!

He has already made up his mind to use the loans of Britain and France to expand the armament war, so as not to use the army and affect the economic development of the country!

As for the loan owed for this, as long as the war is won, it will be paid with the reparations of the defeated country, and Ferdinand will not have any moral pressure in this regard!

……

When Ferdinand was planning a loan from England and France, the British and French were not idle, everyone was the elite of this era, how could they not have their own plans?

How could Bulgaria have been able to get to this point without the covert promoters of Britain and France?

Just look at who the Germans wanted to intervene when the Balkan War broke out, and who dragged them to death!

Of course, there was Ferdinand's advance arrangement to provoke contradictions from all sides, but why didn't Britain and France push the boat along the river and deliberately cooperate?

……

In fact, after entering the 20th century, the life of the British Empire was not so good, in addition to the world hegemony was challenged by the later powers, due to the large gap between the rich and the poor, the domestic contradictions also began to intensify during this period!

From the time the Liberals came to power in 1905, the London government was undergoing an internal reform.

In 1907, free lunch was provided in schools;

In 1908, Prime Minister Asquith drafted the Old Age Insurance Scheme;

……

By this time, the Germans had replaced the French and the Russians as the new henchmen of the London government, but the Asquith government still did not forget the old enemy of the Russians!

At the European State Advisory Conference, the Foreign Secretary proposed:

"Mr. Prime Minister, despite all our efforts, the Pro-Russian Alliance is now unbreakable.

The pro-Russian faction within the Bulgarian government is too strong to change in the short term; The Russian government also attaches great importance to relations with Bulgaria, especially after the outbreak of the Russo-Japanese War, which has brought the two countries closer together! ”

Prime Minister Asquith frowned, and then said: "Don't worry, now our main enemy is still the Germans, and the Russians and Bulgaria join forces to block the expansion of the Germans in Eastern Europe, which is also what we need!"

Now that the Bulgarians and Russians have a common enemy, and there is no conflict of core interests between the two sides, the alliance is certainly strong!

But the future is not necessarily, once the Allies fall, the two countries will border, as long as we push, then the relationship between the two sides, no matter how good it is, will become fragmented because of the conflict of interests!

Let's not forget that our principle is that we can't let the European continent become a monopoly of the continent, and the Germans are a case in point!

Due to our previous strategic mistakes, the Germans became bigger, and now they dare to challenge our hegemony, and in order to suppress them, we even have to abandon the policy of isolation!

We must not afford to make this mistake a second time! Now on the European continent, France, Russia and Bulgaria are still not opponents of the Allies, so we have to support them!

But we all know that although we are now trying to avoid a major war on the European continent, we are trying to ensure the balance of the European continent as much as possible!

But this situation cannot last, and this situation will change once a major war breaks out on the continent!

Either the Entente defeated the Allies, or the Allies defeated the Entente! The latter scenario is something we try to avoid, even if we do it ourselves, and it will be a catastrophe for the British Empire!

And after the Entente defeated the Allies, they would become our new enemies, so the Russian-Bulgarian alliance must be dismantled! ”

……

Well, while the Germans were still planning to force the British to compromise with their fleet, and even when there were people in the German government dreaming of an "Anglo-German alliance", the British were ready to kill the Germans!

By the way, even the international situation after the world war, they are thinking about it! It is no wonder that after the outbreak of World War I, the German government could not accept the fact that the British had entered the war, and it can only be said that John Bull's diplomatic deception was too strong!

……

The British have a plan, but why don't the French? At least Ferdinand knew that there had always been a saying in France that the Entente would take out the Allies and France would once again dominate the European continent!

This is the core reason why the French government will simply and neatly hand over the technology it has painstakingly accumulated to Bulgaria!

If it is just to pull Bulgaria into the water, they will not be able to learn from the British to support Japan in contributing money and equipment, and there is no need to enhance Bulgaria's comprehensive national strength at all!

At least when it came to the Russians, the French still maintained a restrained attitude in terms of technical support, and even demanded secrecy in the transfer of technology with Bulgaria!

And Ferdinand's performance was also very much in line with their expectations, and decisively refused to disclose the technology to Russia, as if to tell the world that the relationship between Russia and Russia is not so unbreakable!

After all, the chassis of the Russians is too big, and if they get these technologies again, what will happen to the way of heaven? At least Ferdinand didn't dare to bet!

Obviously, the main purpose of the French is to provoke the contradiction between the two countries, so that the two countries will tear apart in Eastern Europe, and they will not be able to prevent the French from becoming bigger on the European continent!

In order to achieve this, the French will support Bulgaria to become bigger, so as to block the Russians' access to the Mediterranean! Before that, both Romania and part of the territory of Austria-Hungary could be decoyed with!

Only against Bulgaria will Bulgaria need the French, it will need the British! The premise is that Bulgaria itself is not weak, otherwise it will directly become the little brother of the Russians!

It can be said that none of the old empires is simple! These are all conspiracy on the bright side, but everyone didn't break it!

Ferdinand was sure that the St. Petersburg government was also aware of the British and French schemes, but they were still willing to enter the game, knowing that the tsarist government must have had its own plans!

Now that we've started the game, it's up to us to see who can come out on top! Anyway, Ferdinand's purpose is very simple, that is, to fish in troubled waters and reap the benefits! It's okay to be a thug, but you have to pay!

Combined with the information in his hand and the trend of parallel time and space history, Ferdinand has already figured out his thoughts, he has made a decision, take care of him three seven twenty-one, swallow the bait first!

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