In addition to the fact that the Australian dollar is highly pegged to the British pound, the pound is currently the strongest currency in the world.

As a world currency, when such a currency depreciates, it often makes many countries around the world that use this currency pay for it.

The best example is the world policeman of later generations, although the national debt of the United States is very high, but only by printing dollars frantically and letting the dollar experience a certain depreciation, the world can pay for its debts.

But the world can't help it, because historically, the United States has established a dollar-based monetary system after World War II, and it is very difficult to replace the dollar.

The good news is that Britain and France have colonies, plus a depreciation of the currency, passing on the crisis to the Germans and other hole cards, and there is no need to worry about Britain and France suffering too much in the economic crisis.

Even the British could have avoided the economic crisis in London, and the source and hardest hit area of the economic crisis became the United States.

After all, a newly rising power like the United States, which has no colonies as a market, is the most vulnerable to economic crises compared to the established powers with a large number of colonies.

Without the colonists to bear the pain for themselves, the impact of the economic crisis would have to be borne by the Americans themselves.

In short, the economic crisis in the United States is borne by the Americans themselves, which is not a small blow to the stability of the United States and the cohesion of the country.

After all, there are many problems in the United States at present, problems between states, problems between various races, and problems between various ethnic groups.

It is worth mentioning that after the Dutch lost the entire Dutch East Indies, their losses in the economic crisis would certainly not be low.

This was another benefit that the colonies brought to European countries, as they could serve as a huge market for dumping their own industrial products and sharing the pressure of their own industrial overcapacity.

If you do this by this calculation, the most worried about the economic crisis of all the great powers should be the United States, which has no colonies as a buffer.

The economy and industry of the United States are indeed the strongest in the world, which also made the United States the greatest challenger to the world order after World War I.

However, the British were strictly guarded against the United States, which not only caused the United States to lose the trust of Central America, which was originally under its control, but also South American countries.

The United States is theoretically alone, and although it is strong at home, its influence cannot expand beyond North America.

"Your Majesty, if Britain and France transfer the pressure of the economic crisis to Germany, will it trigger a new world war? The situation in Germany is not good at the moment, and if it suffers another economic crisis, I am afraid that Germany will face only war. "While it is a good thing that Britain and France were able to withstand the economic crisis, if the Germans were dissatisfied with the discontent of the crisis and a new war broke out, then the consequences of the war would have to be carefully considered.

Although it does not turn into a world war like the one that preceded it, a war of internal friction between Europe is not good news, especially since Europe's economy and industry have not recovered to their peak.

Arthur rubbed his brows and said with a little uncertainty: "According to the policy of the British, they should not sit idly by and watch a civil war break out in Germany. As for starting a war with Britain and France, I believe the Germans did not have the guts.

However, Germany should seek more say in this period, including the abolition of the Rhineland Demilitarized Zone, the creation of more troops, and so on.

We need to keep an eye on Germany and try to keep Europe at peace, with the risk of an economic crisis being shifted to the United States as much as possible. ”

It is uncertain whether the Germany of this world will develop as Arthur has historically, but the current situation should not be much worse.

The economic crisis is inevitable, and Britain and France will definitely pass on their own domestic economic crisis, and the most suitable choice can only be Germany.

As a result, Germany will still face the same grave situation as it has in history, and even if Hitler does not rise, other dictators will rise up and become the new rulers of Germany.

As for Wilhelm II, Arthur is no longer optimistic. The once proud Germanic emperor is not in a good mood now.

The poor state of affairs in Germany and the enormous limits of imperial power dealt a major blow to the once invincible Wilhelm II, and although it did not collapse completely, its morale gradually faded.

Under the influence of the military government, the Germans no longer welcomed the imperial power, and it was a question of whether they could stabilize their position, let alone save Germany like a savior.

In other words, in order to retain his position and regain power, Wilhelm II was the most likely person to collude with extremists like Hitler, as Italy did.

If European countries want to reduce the impact of the economic crisis, in addition to dumping it on the colonies, the only way to do so is to start a war and transfer the crisis abroad.

Because the area of European countries is generally small, the local area has been properly developed, and it is impossible to develop the local area in a large way in the economic crisis, because there is really no way to open it.

A large country like Australasia has an advantage, and a little infrastructure and large projects are enough to attract a large number of unemployed people and reduce the harm caused by the economic crisis.

"The diplomatic department got in touch with the British to discuss the possibility of transferring the economic crisis to the United States." Arthur pondered for a long time before he spoke: "The British and French have invested in a large number of factories and enterprises in Germany and Italy, and believe that the greedy capitalists are not willing to give up these assets.

We can work with Britain to shift the stress of the economic crisis to the United States, so that Americans can bear the lion's share of the economic crisis.

As for the American people, it's up to the President of the United States to help himself. ”

In capitalist countries, the interests of the state are to be aligned with those of the capitalists. Under the premise that Britain and France invested heavily in Germany and Italy, would the British and French governments immediately abandon Germany and Italy?

Not necessarily, I'm afraid Because the capitalists will not want to, and the government's actions will make them lose all their money.

You know, in Europe and the United States, capitalists have never been vegetarians. Whether it is the shooting of the president in the United States or the removal of the prime minister in the United Kingdom, the capitalists have done it, and they have done it more than once or twice.

It is nothing more than that the Americans, when they learned the traditional skills of the British capitalists, appeared to be more rude, and directly used assassination instead of impeachment and recall.

But in essence, Britain and the United States are still highly similar, the capitalists control a lot of power in the government, and the government has to consider the interests of the capitalists.

Foreign Minister Dai Ze nodded and took over the task very solemnly.

It is not easy to transfer the economic crisis to the United States, and the slightest mistake will be discovered by the United States, or even directly ignite the economic crisis.

How to smoothly transfer the economic crisis to the United States and let the economic crisis break out in the United States is a question worth considering.

If Australasia alone, such a big move as passing on the crisis would certainly not have been possible.

But with the help of the British, it is still possible to let the Americans bear the main economic crisis, although it will not completely transfer the crisis to the United States.

Because compared to the United Kingdom, the economic development of the United States is more brutal, and the market is not subject to so much regulation.

In the United States, where race and ethnicity are very chaotic, it is still easy to do something about the economic side of the stock market.

Arthur did not involve William in the economic crisis, after all, the risk of such a thing was too high, and it was not a good choice for the royal family to be involved in person.

After selling his real estate company, William was ready to return to Australasia and leave the place where he had been staying for more than half a month.

Of course, there is one more thing to do before leaving, and that is to give gifts to the children of the soon-to-be-born Duke George on behalf of Arthur, and to establish the fact that Arthur is the godfather of Duke George's eldest son or eldest daughter.

As the clock ticked into late April, a smile appeared on Duke George's face. Not only did he acquire one of London's most luxurious estates, but he was also about to have his first child born.

In order to protect Elizabeth's safety, she temporarily lived in Buckingham Palace, accompanied by the royal family doctor at all times, waiting for the arrival of the royal family in Elizabeth's belly.

On April 21, 1926, Duke George's eldest daughter was born, and Duke George named their daughter after Elizabeth.

William also presented Arthur with his own gift, a jeweled necklace encrusted with precious jewels, which cost around £5,000.

Giving gifts in place of Arthur was William's last act in London, and after doing so, William returned to Australasia on a ship with Ajetine Blank.

Duke George doesn't know how his fate will change in the future, but no matter what, it is a good thing to have his first child.

After the Duchess of Elizabeth gave birth, Duke George took him to live at the Mackenland estate, the Duchess of Elizabeth's favorite estate.

The housewarming and Tim Ding, the double happiness made the couple very affectionate, at least for a short time.

George V also sent his blessing on a rare occasion, after all, he also learned that the godfather of his granddaughter was Arthur, a figure he had to respect.

Although this will not change the status of Duke George's family in the British royal family, others, including George V, have to pay more attention to Duke George's daughter.

Of course, George V had other ideas, such as inviting Arthur to become the godfather of Crown Prince Edward's eldest son or eldest daughter in the future, deepening the ties between the two royal families.

3000 words for the first update, ask for a monthly pass, ask for support!

Today, 10,000 days, more 3000/10000, ask for a monthly pass, ask for support!

(End of chapter)