Chapter 160 To Destroy the Pound Pound Is To Destroy Germany?
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“…… Since the weakening of the Roman Empire, our continent has been torn apart. Have similar blood and looks, have similar cultures and traditions, and also believe in Jesus. Christ, and the people who called Europe home, the continent where civilization was born, were separated by borders and became Germans, English, French, Italians, Spaniards, Poles, or anything else.
We are no longer our own people, we have dug trenches and established defensive lines along our respective borders, we have built up the most powerful army, navy and air force in the world, and we have developed an offensive plan ready to be executed at any point in the future, ready to provoke another war to destroy the other Europeans whom we regard as enemies, and we are also prepared to destroy Europe, the homeland of all Europeans.
One might say: we Europeans have been living like this for thousands of years, killing each other, watching out for each other, waging war after war, and then the victors enjoy themselves and the losers cry and resent, either despondent or strive to taste the joy of victory in the next war. For thousands of years, our continent has been advancing in one war after another, survival of the fittest, and only the toughest people can survive here, thus giving rise to the most brilliant civilization in the history of mankind - industrial civilization!
But the Great War in Europe from 1914 to 1918 was very different from any war in Europe since the advent of the Industrial Age. The power that will decide the outcome of the war is no longer the power of Europe, but the power of other continents!
Across the Atlantic, the United States became the world's largest industrialized nation before World War II, producing the most steel, the most oil, and the most coal. Its population exceeds that of Britain and France combined, its territory and resources exceed that of all of Europe, excluding Russia, and it holds more gold in its hands than all of Europe.
We can no longer treat all lands outside Europe as wild lands and supplies of our raw materials. The most powerful industrialized country has been born outside of Europe, and this country has begun to exert great influence on the continent......
And the United States of America is not the only country that is likely to take away Europe's centrality in the world in the future. In our East. The Soviet Socialist Republic, a great power straddling the Eurasian continent and surpassing the United States in terms of territory, resources and population, has also begun to rise!
Although their industrial output in 1927 was less than half that of Germany, they had already overcome the difficulties caused by the world war and the civil war, and had formulated an ambitious five-year industrial development plan, preparing to build an industrialized country as powerful as the United States in the shortest possible time!
There is the United States to the west and the Soviet Union to the east. They are all extremely powerful, and they have unlimited room for growth, and if they continue to develop, they will certainly be able to replace European countries such as Britain and France, which have a land area of only a few hundred thousand square kilometers, and become the world leader.
Many European capitalists who are good at seizing opportunities have now recognized this inevitable trend, and the weakness of the British pound and the franc and the strength of the dollar illustrate the problem. Money is flowing out of Europe to the United States, and we Europeans still owe Americans a huge debt of more than $10 billion, and once the United States starts to collect it, Europe's progress will be even bleaker.
If we don't try to change it, then in the not-too-distant future. We Europeans will lose our pride and become slaves of the United States and the Soviet Union. The centers of power in the world will no longer be London, Paris and Berlin, but New York and Moscow.
When the time comes, what will the United States and the Soviet Union, which have seized world power, treat us and our children and grandchildren?
I think we can imagine our future if we look at what is happening in Africa, India, and China today.
If we don't want our children and grandchildren to fall to that point. Now, while the power of the world is still in Europe, and our Europe still has more industrial, economic, and scientific capabilities than the United States and the Soviet Union, let go of each other's prejudices and old grudges. The interests of future generations are united. From now on, start with the formation of a unified European Central Bank. towards a united, united and strong European Community......"
Paris, at the Château Martinium (Prime Minister's Residence), Raymond. Poincaré was reading a thin book called "Our Dreams" in a mocking tone. The author of this book is a man named Ludwig. Feng. Heinsberg. Colonel of the Army at Hersman. According to French intelligence, the German colonel was also the president of the German Army Policy Council and head of military intelligence, and earlier served as deputy chief of staff of the Baltic Defense Forces. He belonged to the core of the Young Zhuang faction of the German Army. Moreover, this person was also a key figure in Soviet-German cooperation, and was very favored within the German Army, and it is said that he was nicknamed "Ludendorff Jr."
With a snap, Prime Minister Poincaré had already dropped the book in his hand on his desk and looked at the two visiting guests. One of them is the central figure of the cabinet. Georges, who once served as Prime Minister of France. Leg. The other is the director of the Banque de France, Édouard de France. Alphonse. Rothschild.
"George, Edward, what do you think? Did the Germans and the British collude together? Was the formation of the World Bank the beginning of European integration? ”
"Mr. Chancellor," the first to answer the question was Edward. Alphonse. Rothschild, "I don't think the British are really going to do anything about European integration, they have been thinking for centuries about maintaining a balance of power and balance between the major powers on the continent." Such thinking cannot be broken in a very short period of time. However, the formation of an ECB to control the issuance of European currency is indeed what the British want. ”
Historically, Keynes proposed the theory of issuing an "international currency" that transcends sovereignty. However, this idea was firmly opposed by the Americans, so it was not put into practice.
But now, the Germans, who have long pegged the mark to the pound, have come forward to support the British "World Bank plan". Considering that this is a critical moment in the struggle between the pound and the dollar, the Germans' move is tantamount to sending the British in the snow.
"Chancellor, the British will get closer to Germany because of this!" Edward. Rothschild groaned and said to the French prime minister in a worried tone. "They were interested in 'Carl. Marx's reaction is proof of this. ”
"Carl. The appearance of the aircraft carrier "Marx" certainly caused an exclamation. But what Schleicher feared did not happen, at least Britain did not make any protests to Germany. The United States has similarly ignored the "Karl Brown." Marx".
"This aircraft carrier cannot be used for operations in the Atlantic," said Secretary of the Navy George Brown. Legge interjected, "According to the photos taken by intelligence officers in the Bosphorus, this is a less seaworthy aircraft carrier that can only operate in areas with less wind and waves." Vladivostok was its home port, and given the Soviet support for the Chinese government in Wuhan, the British might have decided that the Soviet Union's expansion was going eastward. So this aircraft carrier is a nuisance to the Japanese, not the British. ”
"No, George, you're not right." Poincaré frowned, "The British will definitely restrict Germany from continuing to export naval technology to the Soviet Union, but ...... The British this time resorted to private negotiations with Germany, while ostensibly ignoring Soviet aircraft carriers! This means that the British are putting Anglo-German relations above Anglo-French relations! ”
"It's inevitable," said Edward. Rothschild analyzed in a cautious tone, "Because of the implementation of the gold exchange system, Britain and Germany have considerable common interests in the economy. Now Germany wants the pound to remain stable so that the mark can remain stable, which is a necessary condition for capital to flow into Germany. Britain also wants Germany's economy to remain strong, so that Germany can continue to send gold to Britain. Mr. Prime Minister, I think you should understand that when the common interests of both sides far outweigh the differences, it is not difficult to find a solution to the differences. ”
The French Prime Minister looked at Edward. Rothschild gave a glance, "Edward, do your friends on Wall Street see it that way?" ”
"Yes, our advisor Owen. Mr. Younger believes that after the implementation of the Keynesian Plan, the pound and Mark have a symbiotic and co-prosperous relationship. This relationship inevitably led Britain to adopt a series of pro-German policies...... Because if something goes wrong in Germany, it also means that the pound will collapse. ”
"That is, now we can't do anything but build a line of defense?" The line of defense that Poencaré was referring to was later known as the Maginot Line, which had not yet been officially built, but the construction plan had already been set.
"No, it's not." Edward. Rothschild paused, as if he had thought of something very destructive.
"Edward, say whatever you want!" The French prime minister was an impatient, somewhat impatiently urged.
"Prime Minister, in fact, the reverse is the same...... The collapse of the pound also means the collapse of the German economy! ”
"Pound collapse?" Poincaré was stunned and hurriedly shook his head, "That's not good, the Bank of France also has a lot of pounds in reserve, it seems that there are tens of millions of pounds, right?" Are you going to devalue all that money? ”
"No, Mr. Prime Minister, that money is our weapon! It is our weapon to break up the Anglo-German quasi-alliance! ”
"Weapons? How to use it? ”
Edward. Rothschild replied: "If we exchange all the pound for gold and dollars, it will cause even more panic and selling...... And the Bank of England does not have so much gold and dollars, and they have no choice but to give up the promise of payment, which means that the pound will depreciate and a large amount of money will flow out of Germany! ”
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Note: Historically, the crisis of the pound in the late 20s and early 30s led directly to the sterling abandoning the gold standard, and the clarion call for this crisis was started by the run on the British pound by the Bank of France. Britain and France were by no means close allies during the war, so much so that Hitler thought that an Anglo-German alliance could be won at one point.
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