Celebration banquets have become the norm in Europe recently, and both large countries such as Britain and France, as well as small countries such as Portugal and Belgium, are engaged in a series of activities to divert the attention of the people.

After all, in this world war, everyone died a lot, except for Italy and Germany, two unlucky eggs, even Austria-Hungary was engaged in activities to enliven the atmosphere of the people.

Fortunately, this is the European continent, and there is no scene of "the city is full of alum, and every family is still crying".

Bulgaria is no exception, Ferdinand has been busy with the knighthood recently, and in order to show his attention, he personally presided over the knighthood ceremony of all the nobles, which of course was done collectively, according to the order of duke-marquis-count-viscount-baron-knight.

If you come one by one, it is estimated that Ferdinand will be able to finish it in his lifetime! The last lord was directly omitted, and the fictitious nobles of Europe were worthless!

This time Ferdinand was generous enough, and he sealed out five marshals, more than 20 generals, more than 120 lieutenant generals, and more than 500 major generals at one time.

Then, with a wave of his hand, all of them, who were over fifty years old, entered the military council and began their semi-retired careers, while the younger officers continued to serve in the army.

In addition to the prestige of these five generalissimos, Ferdinand did not want them to retire directly, and let them take up their original positions again, namely:

Minister of the Admiralty: Petrov

Minister of War: Popov

Secretary of State for Defense: Dante Christophe

Minister of War: Andrei Braskov

Chief of the General Staff: Imya Dimitev

Anyway, they are all offered high, and they all say goodbye to the military power, if nothing else, they will not have the opportunity to lead troops to fight again in their lifetimes, and they can even announce their retirement after one more term.

Ferdinand was very patient in this regard, and the Bulgarian generals appeared to be highly meritorious and prestigious in the army, but their influence on the army was very low.

I have been separated from the front-line troops for many years, and I have no chance to cultivate my lineage! Now that they've all made a name for themselves, it's time to leave the opportunity to the youngsters.

It is worth mentioning that so far, several marshals have submitted retirement applications to Ferdinand, but they have been rejected by him with a good face.

After all, it is now the professional placement of the army right away, and if they don't let these old guys come out to stand up to the mines, I don't know if the young officers in the back can roar? Ferdinand wasn't going to take any chances anyway, and if he made some jokes later, he would be ashamed.

Let these veterans come out, with their prestige, it should be enough to suppress all discordant voices, at least the radical faction in the army must be suppressed first.

After all, with the current military system in Bulgaria, it is easy to give birth to radical ideas in the army, or in any army of this era, it is easy to produce radicals.

It is not terrible for the army to produce radicals, but the emergence of radicals is still a manifestation of the vitality of an army, and without a radical army, there is no hope! After all, an army that is not warlike, can it still be counted on their combat effectiveness?

The terrible thing is that the army can't suppress the radicals, the most representative is the Japanese Army, this strange army, directly regards the coup as a daily activity, and many grassroots officers regard the government as a national thief!

Of course, most of this is caused by the game of interest groups behind it, otherwise the top level of the army can work together, how can it be impossible to suppress a few grassroots officers below?

In this regard, Ferdinand does not have to worry, for such energetic grassroots officers, it is best to find something to do for them, in his opinion, a large reason why an army has a chaotic mind is too idle!

As long as they are busy, who still has the spirit to think nonsense? Is there still a shortage of things to do in Bulgaria? How many rebels still need to be eliminated in the colony? If you want to vent, vent it to them!

These nomads are not so easy to deal with, if they can't solve even a little colonial problem immediately, they dare to force Ferdinand to retire from the army!

Anyway, there may be a shortage of people in Bulgaria now, but there will be no shortage of people who want to be soldiers, and they will be famous but take it right away, but now Bulgaria has the best way out!

It is impossible to accomplish the work of professional resettlement and the division of military merit fields in a short period of time, at least this year.

Involving the division of millions of military fields and tens of millions of mouths, in Ferdinand's opinion, the government was already highly efficient if it was able to complete the resettlement task in 1918!

……

After returning from the Paris Peace Conference, Constantine compiled the materials and made a comprehensive report to Ferdinand. It also includes first-hand information on the contradictions that exist between countries, the mainstream contradictions in the world today, the relations between Bulgaria and other countries, and so on.

Konstantin frowned and said: "Your Majesty, the sales of our debt is not ideal, and the quotation of the consortium is far from our prior expectations, and I am afraid that it will not be possible to close the deal in the short term!" ”

Ferdinand smiled and said, "Don't worry, I think there will be a turning point soon!" The contradictions between the British and the Americans will not intensify for a while, but the war between the British and American conglomerates is probably not far off!

The mainstream currency of the world today is still the pound sterling, but now the world's economy is the first to be sheared by the Americans, if the American consortium does not want to be subject to the pound sterling and be sheared, then they will launch a currency war to replace the pound with the dollar!

And the world war that has just ended just gave the Americans enough confidence, but they have just made a big fortune, how can they be so willing to let John Bull take it back for nothing? ”

Chancellor of the Exchequer John F. Kennedy added: "Your Majesty is right, judging from the intelligence we have gathered, the Americans are preparing to implement a strategy of internationalizing the dollar, and once this plan is launched, they will use the dollar and the pound to grab the market!"

As long as the Americans eat our creditor's rights, Bulgaria will have to hold a lot of dollars, and it will be difficult for us to settle without dollars!

According to the analysis of our experts, they believe that the Americans may sell a batch of debt to the Germans in the near future and let the Germans use it to pay off the debt.

After all, in the world war that just ended, many countries owed debts to the Americans, such as us, even if we received the reparations paid by Germany, we had to use them to repay the Americans' debts, which was equivalent to the Americans performing the profits obtained in the war.

At the same time, it also completed the blood transfusion of the Germans, after all, for the Germans, American capital is a pure inflow of funds, and this money can be used directly to pay off debts, or it can be used to expand industrial production, and the industrial products produced can be used to pay off debts! ”

Well, I'm a little dizzy, Ferdinand only knows a little bit about the economic jargon, and what seems to be a very ordinary loan now was a game of war between the dollar and the pound at the time!

To put it simply, the Americans helped the Germans issue bonds, not that the Americans paid for them, but that Wall Street peddled them in the global market, using global capital to buy the Germans' bonds, so that the Germans could raise funds.

In fact, a large part of this money flowed out of the victorious countries such as Britain and France, and the Americans used high interest rates to induce the capital of Britain and France to buy the bonds of the Germans.

For the Germans, this is the inflow of capital, and they take the money to pay off their international debts, and the Americans complete the debt settlement. And the capital outflow from Britain and France exacerbated the Great Depression of the domestic economy, which was the very famous Dawes plan in later generations!

This plan was already in place for the Americans, and it was only one component of the dollar currency war, which also included a series of combination punches such as the silver war, the depreciation of the dollar, and the change of the gold standard, which made the British dizzy in history and finally lost the financial supremacy of the pound.

I know what I know, but Ferdinand can't do anything about it, with the current economic volume of Bulgaria, there is no problem in taking a piece of the pie, if you jump out and play hegemony for the dollar and pound, it will be strange if you don't touch your head and bleed!

Now the choice before him is to help the Americans, or to help the British? After all, now Bulgaria is also an important part of today's world economy, whether it is to give priority to the use of pounds to settle or to give priority to the use of US dollars, it is related to the direction of this currency war!

After figuring out all this, Konstantin sighed slightly, he had just experienced the glory of the "Big Three", and he was about to become a spectator in a war, which was not so pleasant.

After a moment of silence, Konstantin recovered and said confidently: "Your Majesty, there is no need for us to participate in the currency war between the Americans and the British, after all, virtual wealth is virtual, and real industry is the powerful root of a country!"

What we need to do now is to further industrialize, and when we have completed the development of the Asia Minor peninsula, Bulgaria will be the first industrial power on the European continent, and then it will be time for us to play! ”

Ferdinand nodded with satisfaction, yes, monetary hegemony means wealth, but also means a country's soft power, but industry is a country's hard power.

If Bulgaria now had the industrial power of the Americans, Ferdinand would definitely jump out and PK the British as the world hegemon.

However, the reality is that Bulgaria's industrial strength is only about five or six times that of the Americans, and Ferdinand can only choose to continue to work hard.

Ferdinand replied, "Yes! The cabinet will come up with a new five-year plan as soon as possible, no, this time it is a 10-year plan, and the core of our development is still the Balkan Peninsula first, then the Asia Minor Peninsula, and then Syria, Pakistan, Iraq, and the Persian Gulf region!

I ask you to complete the full coverage of the railway and road network in the Balkans within five years, and to surpass the French in total industrial volume!

Within 10 years, the railway and road network of the Asia Minor Peninsula will be fully covered, and the main arteries connecting Syria, Pakistan, Iraq, and the Persian Gulf region will be connected!

We also need to promote the electrification revolution, build a number of hydropower stations that can be used for a long time, reduce our energy consumption, and by 1930 I hope that our hydropower generation capacity will reach 35% of the total electricity generation!

At the same time, we must further accelerate the development of our heavy industry, and strive to triple the growth rate within ten years, the government must continue to encourage the development of physical manufacturing, and we must surpass the British in total industrial volume within ten years!

From now on, the slogan of Bulgaria's new round of development is 'catch up with France in five years, catch up with England in ten years'! ”

After thinking about it, Konstantin reminded him: "Your Majesty, there is no need to catch up with France in five years, due to the world war, now our total industrial volume has actually surpassed the French!" ”

Ferdinand nodded a little embarrassedly, he suddenly forgot that due to the world war, the 10 northeastern provinces of the French were occupied by the Germans soon after the war, and the occupied areas were originally important mining, metallurgical and textile centers, and the proportion of the main products in the national industrial output was 63% steel, 81% iron, 74% coal, 81% woollen fabrics, and 76% sugar; After two and a half years of occupation, it was cut off from the economic life of France, and the local industry was directly abolished.

By the end of the World War, the total industrial output of the French was actually less than six levels of 1914, but the total industrial output of Bulgaria was now 15 percent higher than that of 1914.

Of course, the total industrial volume of the French could theoretically recover within two years, but in practice everyone knows the discipline of the capitalists, and God knows when they will be able to restore their production capacity in order to maximize profits, and the influx of cheap industrial goods from the Germans!

History seems to have been in 1929, when the French economy surpassed 1913, and the French are still celebrating!

If this efficiency had been left in Bulgaria, Ferdinand would have pulled out all the cabinets a long time ago, so the slogan of "catching up with France in five years" should not be shouted, it is already a lie to win!

Not only the French, but in fact John Bull was not much better, after the end of the world war, their industrial development was also at a turtle speed, simply waiting for the latecomers to surpass them!

All Bulgaria wants to become the first industrial power in Europe, and there is only one real competitor, that is, the Germans who are still lying on the corpse, and Britain and France have already abandoned their martial arts!

And the historically powerful Soviet Union, which has not even shown signs yet, is a big question mark over whether they can unify the Russian Empire, at least now European countries will not give them this opportunity!

If you can't even compare to the Germans who are still lying on the corpse, Ferdinand doesn't have to mess around! The Germans are passively developing industry, Bulgaria is actively developing industry, if it can't surpass them, then there is really a problem!

Ferdinand smiled slightly, hiding his embarrassment, and decisively chose to divert his attention: "Really? It seems that our goal is one step closer, from now on the French will no longer be our competitors, and the British will only be half of them, so let's keep our eyes on the Americans! ”

This goal is very strong, at least in the short term, Ferdinand does not see the hope of Bulgaria surpassing the Americans, but since it is a long-term goal, it is naturally a little more ambitious, too easy to achieve, how unchallenging!

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