Chapter 11: Sterling Group vs Lev Group
The situation in the world has changed beyond recognition, who will take the initiative to provoke this war?
Ferdinand was confused, judging by the current situation, if the war broke out a day later, Bulgaria would have a greater advantage.
From the 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 the risk?
The British and French anti-war was the mainstream, and the policy of appeasement had already begun. Otherwise, it would not be possible for Germany and Italy to re-arm.
Germany and Italy are now lacking in strength, and without the blood transfusion of American tyrants, it is difficult to break the international order.
Austria-Hungary was unlucky, it was too close to Bulgaria, so they always kept to themselves, not like the master of trouble.
The Russians do not need to think about it, Nicholas II is already old, his ambitions have long been defeated, and he is the last thing he wants in Europe.
Stalin was ambitious, but his strength was limited, and he was limited by population and transportation, and even if he pirated Ferdinand's five-year plan, the results achieved were very limited.
In the Far East, they are also threatened by the Japanese, and they belong to the kind that have a weak heart!
The United States is worthy of being the chosen country, even if it is divided, the small life of the countries is now very good, and there is no atmosphere of war.
In Japan in the Far East, radicalism is rampant, but who they want to fight is a serious question, and the two factions in the north and south are at loggerheads.
With less than two million tons of steel production, it is really difficult to support a big war, and you can only play a wave of it.
The arms race has been provoked, and the Bulgarian government has made it clear that this is aimed at Japan, but unfortunately no one believes the truth these days.
Even the Japanese government did not think that Bulgaria's naval expansion was aimed at them!
In their opinion, this is a very obvious strategic deception, who believes who is a fool!
Why did Bulgaria PK with Japan? What is the rationale? Where are the benefits?
This is obviously illogical!
Could it be that it was because of the fear that Japan would attack the Kingdom of Alaska and the Kingdom of Hawaii? But the Japanese government says it doesn't have that plan at all.
The reason is very realistic, the radicals at the bottom are frightened, they don't do things, and the Japanese government will not take the initiative to do things.
They have enough troubles, and if they add a new front, they don't think they will die fast enough?
Hawaii is in the middle of the Pacific Ocean, and everyone can tolerate the existence of an independent Hawaiian kingdom, but Japan can never tolerate Japan's control of this strategic location.
The same is true of Alaska, the self-government of Canada, can be neighbors with this small kingdom, but it is better to be neighbors with the Japanese!
Canada's attitude could influence the position of the British, they had to ensure the safety of their younger brother, and the Kingdom of Alaska could influence Bulgaria's position.
Whether it is Soviet Russia or Japan, they can only look at the ocean and sigh, and at the same time face the two most powerful countries in the world, who will be intimidated!
But what the Japanese think, Ferdinand doesn't know? A beautiful misunderstanding sparked this arms race!
If the parties concerned have not figured it out, the outside world will be even more unclear, and everyone naturally does not agree with the official explanation of the Bulgarian government.
On the contrary, it is a challenge to the world hegemony of the British Empire, which is even more acceptable!
Affected by the arms race, John Bull, who was unwilling to fail, also rose up to fight back.
Militarily, the "Navy Act" was introduced, that is, during the same period, the number of ships built by the Royal Navy cannot be less than that of any country!
This was obviously aimed at Bulgaria's shipbuilding plan, but Britain was still more restrained and did not directly point the attack at Bulgaria.
Therefore, little Ferdinand pretended not to see it, and did what he had to do, and did not respond-for-tat, which was not necessary!
Economically: Since the abolition of the gold standard, the value of the pound has plummeted, and combined with the impact of counterfeit banknotes, the pound is now only a third of its peak.
The export competitiveness of commodities has come out, the wealth of the British people has been plundered almost as much as possible, and the gap between the rich and the poor continues to widen.
The so-called stimulus economy has not undergone a qualitative change, and after the trade barriers began, the British can only live on their own one-third of an acre.
In the international mainstream market, tariffs are a big problem, and Bulgaria has created an economic alliance with Eastern Europe and established an economic ecosystem.
The British were not far behind, and in 1933, the London government co-opted Argentina, Brazil, Peru, Colombia, Paraguay, Bolivia, Panama and other countries to form the Sterling Group.
Through the form of a treaty, it is stipulated that all member countries will use pounds sterling for settlement of trade and international accounts with each other.
The currencies of various countries have a fixed exchange rate with the British pound, and the British pound is used as a reserve for the issuing currency, and most of the gold is stored in the British bank for the settlement of international trade.
In addition, the London government also announced that it would prohibit foreign institutions or individuals from issuing negotiable securities in the UK to prevent capital outflows.
Influenced by the establishment of the sterling bloc, in 1934, Britain's foreign trade volume rose by 27 percent, once again regaining its position as the world's largest trading power.
"Your Majesty, the British have established the British pound group, and we cannot sit idly by, it is imperative to establish a settlement system with lev as the international currency!" Prime Minister Tolsky said cautiously
"Well, this is natural, the Eastern European Economic Union we established before is a small range of common sense, if we compete in currency settlement, we still have an advantage in the European region!" Little Ferdinand thought for a moment and said
The reason is naturally that Bulgaria has a larger proportion of trade in the European market, 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 co-opted by the British.
A large part of the reason why they are not taking a stand now is because of the 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, and most of them are controlled by Ferdinand, deliberately limiting production.
Artificially created a situation in which supply exceeds demand, the international oil production giants, of course, are all in a mess, and no one can refuse to make more money.
The second is commercial trade, in the field of machinery and equipment production, Bulgaria maintains the world's leading position, British and French capitalists are more willing to use Bulgarian equipment.
Even in the field of food processing, Bulgarian exports are more trusted by consumers, even if the price is higher than similar products.
It's a brand effect, and after a long period of publicity, the whole world knows that Bulgaria has the strictest food safety standards.
No one knows better than themselves what the capitalists are doing, and they never eat the products they produce.
People who have the financial ability are naturally willing to buy some safer and more secure products.
Due to Bulgaria's trade balance policy, the more exports, the more imports, unless the gap between the two sides is too big to make a trade balance.
In this case, governments are naturally more willing to trade with Bulgaria, with both in and out, and everyone takes what they need, which is what everyone likes.
To this end, the Bulgarian Ministry of Foreign Affairs has signed a large number of MFN treaties.
"Yes, Your Majesty! Now we need more people, on our side, and once the Lev standard is established, the British will be blind! Prime Minister Tolsky said
"What are the specific plans, it's not easy to win over these countries, they are not the native buns of the Americas, the British flickered and got on the ship!" Ferdinand said with a smile
European countries have not yet taken sides, so they are naturally waiting for the price to sell, and whoever gives the most benefit will fall to whomever they want, which is very realistic.
If the South American countries can delay for a while, it is estimated that the British will bid even higher after the Bulgarian offer.
"Your Majesty, we can engage in oil lev bundling settlement, and do not accept any other currency settlement, except for gold, of course!" Chancellor of the Exchequer Angela Merkel proposed
This is not a joke, if it is a later generation, people will be shocked when they look at the map, most of the top ten countries in the world in terms of oil reserves are the territory of Bulgaria, and more than half of the top 20 countries are still in Bulgaria.
If you calculate the total amount, six or seven layers of oil in the world are buried under Bulgarian soil, and many countries cannot refuse to play like this.
If one day Bulgaria does not sell oil, a large part of the world's industry will be paralyzed, which is the best weapon.
"Well, you can do it, but you have to pay attention to the means, don't make everyone too disgusted, after all, there are a lot of oil fields controlled by the British!" Little Ferdinand thought for a moment and said
The amount of oil used in this era is not as exaggerated as that of later generations, and if it is overplayed, John Bull can still meet the market demand by extracting it regardless of the cost.
Of course, the likelihood of this happening is almost zero, no one wants to make a loss-making deal, and the capitalists are not philanthropists.
Even if the government intervenes, it cannot harm their interests. Otherwise, just look at how many regimes the oil barons have overthrown!