450 Theocracy, Imperial power, and golden power

After the financial attack, Elena relied on borrowing to survive, mechanically approving the purchase agreement to sell the Treasury bonds at a 3.5% discount every day, so that this draconian clause created for emergencies could continue to be enforced. Pen @ fun @ pavilion wWw. biqUgE怂 ļ½‰ļ½Žļ½†ļ½

As a result, the Central Bank of Habsburg made a whirlwind, receiving 12 million HRE bonds every month, and the special national conditions made this beautiful and terrifying income figure stable and maintained.

Sir Patton of BNP Paribas came to Breschroeder's house again with a respectful attitude like a dog. Because Breschroeder's book assets have fully caught up with the two major central banks, it is really proud.

Sir Patton originally thought that this one-time profiteering business of 12 million was just a one-time transaction, but he never expected that Braischroeder would be able to estimate the situation so accurately that he would succeed in riding on the neck of the royal family, allowing Elena to allow the central bank to subscribe for bonds at the price of cabbage every month, so that the one-time profiteering business continued, and Braischroeder's assets doubled overnight, and continued to grow at this terrible rate.

"I have brought you a case of fine Bordeaux wine, and I hope you will consider having BNP Paribas underwrite a portion of the HRE treasury. Sir Barton had big shoulders and a round waist, but his voice was as thin as that of a girl in heat, and his red eyebrows were squinted to hide his shame: "Please let us remain cooperative." ā€

"Are you here to humiliate us with Bordeaux?" Isaac sat at the table, with his arms outstretched, his knife and fork in hand, and looked at the Parisian commissioner majestically: "You mean to say that German wine cannot be drunk?"

Sir Barton was stunned for a moment, and his face twitched with anger, but he spurred himself to smile, and squeezed his big belly under the table, and while tying a napkin, he tried to laugh again: "I apologize." German red wine also has a special taste. ā€

There are no decent vineyards in Germany at all, beer may be mellow, and red wine is really not to be drunk. But he must speak with a clear conscience.

As the workers' movement in Paris rose and fell, and the turmoil intensified, the bank's paper earnings were declining. Unlike Elena, Frank the Great, on the other hand, was focused on two things: first, the development of an advanced breech-loading firing rifle to make the leap in firearms, and second, his determination to reach out to BNP Paribas for money.

BNP Paribas paid for the losses caused by strikes, riots, and labor uprisings, while paying for Fran the Great's dream of arms.

This is not the most painful thing, the most painful thing for the banks is that the Flangel will complain about the lack of factory capacity, the factories will complain about the tilt of the Emperor's policies, and the angry workers will complain about everything in sight.

In the end, the emperor, the factory, and the workers scolded the bank in unison.

BNP Paribas felt hollowed out.

Patton visited Wiener, and he felt that, in comparison, the days of the Habsburg Central Bank were much more nourishing, and it was really peaceful.

Braischroeder has developed a stable royal clientele and is growing rapidly, and it is estimated that it will not be long before this empire will become the private property of the central bank, and the cabinet will be equivalent to working for Braischroeder.

Unable to cope with this situation, BNP Paribas decided to assess the situation and formulate a new policy.

As a result of the situation, they realized that it was time to put down their dignity and lick Breschroed's ass.

So Patton came to Wiener on this trip, and he was burdened with mission indicators. He must fight for 25 percent of the underwriting rights in government bonds. BNP Paribas also wants a piece of the pie, which is for the long term.

Barton panicked. He knew that he had been very domineering, and he only begged the Germans not to abuse him.

Isaac is well aware of this. He was like a mean devil, and he did his best to be sarcastic at the dinner table, and returned the contempt he had received a hundredfold.

When the French heard that they only needed to eat soot to achieve their goal, he surrendered without hesitation.

"I am your ashtray. At your service at any time. "Sir Barton, who has no shame, can't wait for his long tail to come out and wag.

When Isaac flicked cigarette ash on that bloody mouth, he thought with emotion that if the country is strong, his waist will be hard.

Immediately after regaining face, Isaac signed a contract with Commissioner George of the Bank of England, allowing the Bank of England to have the same 25% bond underwriting rights as BNP Paribas.

Eventually, Braischroeder made a fortune, and London and Paris became dried shrimp in the soup. This made Breschroeder's spirits soar.

The Habsburg Central Bank came from behind and took the lead in the main discourse. Braischroeder's proposed financing plan was rarely rejected by the risk management departments of BNP Paribas and the Bank of England.

At this point, the world's three major financial centers officially partnered, and at the same time became the largest creditor of the HRE Empire. Like puppeteers, they gain the power to remotely control Elena.

Ironically, Elena just resisted.

In mid-November, Elena rejected the diplomat's proposal, insisting that Sirisha was an imperial province and rejecting Siriza's independence.

BNP Paribas was also very simple, sending a clipper across the English Channel, negotiating with the Bank of England for one night, and the next day delivering numerous letters, which within three days arrived in Switzerland, Frankfurt, Amsterdam and Genoa, and at least five international banks adjusted their lending plans in full. The process was skilful and quick, and it took no more than a week.

A week later, the central bank announced the liquidation of the royal debt.

Banks around the world stopped buying HRE bonds. All loan agreements signed by the HRE royal family were frozen.

The air was suddenly quiet, and everyone at the bond exchange held their breath and waited for the HRE bond to plummet for the second time.

Sadly, before the massive sell-off could start and the bonds could crash, Elena's reign collapsed.

Because the loans were frozen and the bonds were unsold, Elena's capital chain was broken. It is as if an endless waterfall of money has been cut off by a dam, and the dam overflows upstream, and the downstream dries up to expose the riverbed, and the fish and shrimp are all over the air.

The treasury was emptied by the Seven Years' War, so Elena had no reserves at all. As soon as the chain of funds was broken, within three days, Frederick's cabinet lost the ability to pay the bills.

The Ministry of Industry began to default on its payments and accumulated a mountain of bills, more than 300 railway projects of the Ministry of Communications lost funding and were halted one after another, the Ministry of Defense cut off military salaries, and violent clashes in the boot camps began to escalate. A thousand miles of embankment was destroyed in an anthill, and countless emergencies broke out at the same time, and Frederick was busy like rescuing a hemorrhagic patient.

Elena locked herself in the palace and didn't come out. She also knows very well that without overseas loans, her regime will not last a week.

She must break with the Prime Minister.

Because it was decided by his camp to make concessions, if he softened, if he retreated, he would be kicked out of the circle by his own camp, and then he would have nothing. So he will only stand his ground, regardless of Elena's life or death.

And Elena's break with the cabinet is also decided by her camp, if she doesn't give in, if she doesn't back down, the regime will collapse, she will be guillotined by the angry workers, all the black cauldrons will be held on her own head, and no one will have the time to reason with her. So Elena must go her own way, regardless of the Prime Minister's objections.

In order to be alone, they can only part ways.

At the persuasion of Breschroud, Elena summoned envoys from various countries to hold negotiations at the Hofburg Imperial Palace. The negotiations lasted three days, and finally the "Edict of State" was issued, which stated a shocking article:

"The Habsburgs promised not to interfere in any way with Silesha's succession, and in order to ensure the implementation of the agreement, the Holy Roman Empire promised to renounce the right to declare war on its own initiative. ā€

And this state edict, which symbolized humiliation, represented the decline of imperial power.

After the edict was issued, the Bank of Paribas and the Bank of England were satisfied and agreed to continue to pay loans to the HRE Empire. After a brief period of turmoil and unrest, the HRE Empire returned to normal development.

International banks have coldly proven that they can easily influence domestic and foreign affairs thousands of miles away without a single soldier.

The three major central banks, as if using this state edict to announce to the world, that every move of the HRE Empire can be accurately controlled by the bank, not to mention the land under the bank's feet.

After the fall of the divine power, the feudal imperial power also fell off the altar, and the golden power in its place was like the rising sun, spraying scarlet golden light, like a gold coin embedded in the sky, shining on the numb world.