Bulgarian Empire

48 Chapter 48

The Moroccan crisis is coming, the French have already moved, can the Germans bear it?

Ferdinand knew that if this could be endured, it would not be William II, but the Teenage Mutant Ninja Turtles!

You must know that Germany also has great interests in Morocco. Can German monopoly organizations and colonial groups tolerate damage to their own interests?

Apparently the action of the Germans is not far away!

But can the French back down now?

There is no doubt that if the French government dares to make concessions on the Morocco issue, the French people will not mind changing the cabinet!

Of course, the crisis in Morocco has not erupted so quickly. Under normal circumstances, Germany and France will have to fight for several months. In the end, the conflict will break out if they cannot reach an agreement.

Then the Allied Powers and the Allied Powers are brought in together, and the two major alliances will play games together!

Well, the crisis in Morocco has emerged, and Ferdinand's hanging heart can be recovered. At least he doesn't have to worry about Germany and France really compromising!

As an emerging country, there is no one who does not want to break the current world pattern, and Bulgaria is no exception. It's just that the Germans are too strong, otherwise Ferdinand really doesn't mind joining hands with them to carve up the world!

However, there are no ifs in this world, and the strength of the Germans made Ferdinand feel threatened. Once the Germans defeat France again, then the European continent will be their world, so how can Bulgaria mess around?

In contrast, it is much better to cooperate with Britain and France, which are declining in the west, even if they kill the allies, they will be seriously injured, and they will no longer be able to suppress Bulgaria's expansion!

And in order to suppress the rising Americans, Britain and France had to win over Bulgaria!

After all, after World War I, even if Britain and France worked together, they could barely suppress the Americans militarily, and this advantage is still weakening over time!

Britain and France want to maintain their huge colonial empires, while the Americans want to break this system and establish a new hegemony. The two sides have not fought in history. It is because the Soviet Union and Germany have risen too fast, otherwise it is likely to be the Americans who challenge world hegemony!

...

"Your Majesty, according to your order, the rubber stocks in our hands have been sold. From the current point of view, this crisis will not explode in a short time?" Carl said doubtfully

Affected by Ferdinand's butterfly effect, Bulgaria has become the largest car producer in Eastern Europe. The cheap cars and pickups he produced are popular in the European continent.

The development of the automobile industry has naturally stimulated the rubber market. Since the market has now expanded, the demand for rubber has also increased. This crisis that should have erupted in 1910 has been delayed until now.

In the international market, rubber soared from 2 shillings per pound in 19o2 to 14 shillings per pound in 1910. At the end of 191o, rubber stocks in London also rose accordingly. The stock price of a company was originally 10 pounds per share, and it rose to 260 pounds per share shortly after the sale.

Now that he knew this situation, how could Ferdinand let it go? As a result, another banker in the international market has been added. After all, Ferdinand can manipulate the Bulgarian market now?

For such a powerful speculator to enter the market, how could the London bankers refuse? Otherwise, Ferdinand will play tricks and cause the market to crash early, and they will be locked up!

For such financial hype, Ferdinand has no pressure. Anyway, Bulgaria has not yet opened its financial market. Even if the financial crisis breaks out all over the world, the impact on Bulgaria will be minimal.

Oh, just to be on the safe side, Ferdinand would not be foolish enough to buy rubber stocks. At most, he would use financial means to act as an agent of a stock company to earn the middle price difference!

Of course, it is also a good choice to start a few rubber companies by yourself and use them to go public. Now most of the stocks he asked Karl to sell are his own.

To put it simply, Ferdinand took advantage of the current lax supervision of the financial market to directly sell most of his shares.

Under normal circumstances, this is impossible,

The stock exchange is not stupid, how could it not appear? But it is the beginning of the 20th century, and many big names in London are participants. How can it be possible to tear each other down?

Although he is still in control of the company, in fact the shares in Ferdinand's hands are no longer the major shareholder. If someone wants to swallow his company, they only need to buy shares in the market.

However, the current market price has already exceeded the actual value of the company dozens of times. If any idiot wants to buy it, Ferdinand doesn't mind selling the last share in his hand!

Ferdinand smiled and said, "Little Karl, you are no match for your father! If it were him, he would never ask such a stupid question. When will the crisis break out? Why must you follow the laws of the market?

Can't it be done manually? Just think about it, if someone announces that synthetic rubber technology has made a new breakthrough, or that the global demand for rubber will slow down in the future, can rubber still maintain the current price?

If the price can't be kept, the stocks will naturally be worthless, and of course a new crisis will explode! "

Ferdinand's words made Carlmouth Jr. realize that his world view is undergoing a new change. This is mainly because his previous work has nothing to do with finance, and he has no experience in these operations.

Oh, there are not many talents in this field in Bulgaria now! In order to encourage industry and avoid the situation where a large amount of funds like Britain and France are concentrated in the financial industry, Ferdinand has been taking measures to suppress the financial industry for a long time.

Bulgaria does not have a stock exchange in the country, and domestic companies are also prohibited from listing abroad. Even large-scale stock trading is illegal financing. Naturally, not many people are interested in this!

Even if it is difficult to raise funds illegally, Bulgarian law stipulates that any fund-raising behavior must be completed under the supervision of the government, otherwise it is an illegal fund-raising, and the government will directly confiscate it and hold the parties accountable.

Under this background, who would foolishly raise funds for you in private? If caught, it will be confiscated. This look-back period is still forever. No matter how high the income is, it is useless?

Without the cash cow of the financial market, domestic capitalists can only honestly invest in industries. Of course, their dream of getting rich overnight has also been cut off.

After all, in the financial market, it is possible to increase assets several times or dozens of times a year!

But investing in industry, no matter how huge the profits are, it is impossible to have hundreds or even thousands of profits? Under normal circumstances, it is only a dozen points, or dozens of points of annual profit!

Therefore, compared with international capital, the current wealth of Bulgarian capitalists is really nothing! Of course, the gap between rich and poor in Bulgarian society is far from as big as in the capitalist world!

Have to say, habit is a good thing! Bulgarian capitalists have always been engaged in industrial investment, and everyone is dismissive of the skyrocketing stock markets abroad!

The slogan Ferdinand has always shouted is "rejuvenate the country with hard work, and harm the country with empty talk". In the eyes of many Bulgarians, the stock market is empty, because it cannot create value!

Oh, so the native capitalists in Bulgaria are often looked down upon by international capitalists, thinking that they are all bumpkins and have never seen any big market.

But it's okay, you don't like me, and I don't like you either! How can you vampires of the financial market compare to us socially responsible industrialists?

Now the Bulgarian capitalists have formed their own system and are firmly continuing on the road of industry. Everyone dismisses speculation!

To some extent, Ferdinand's goal was also achieved. Capital is profit-seeking, and they will involuntarily flow to the place with the highest profit.

But when the Bulgarian capitalists appeared as industrial capitalists with a clear banner, they were cut off from the international financial capitalists and attracted capitalists with the same views to form a group.

This is very beneficial to Bulgaria's economic development. After all, the jobs created by investing in industry are far beyond what the financial industry can match!

...

Time flies, and shortly after Ferdinand withdrew from the rubber market, scientists in Germany announced that they had made a new breakthrough in synthetic rubber technology, and also demonstrated car tires made of synthetic rubber to the outside world.

This is undoubtedly a blow to the fiery rubber stock market. The rubber stocks in the London stock market fell that day, but slowly began to recover after a few days!

Well, as early as 188o, Wilhelm II showed off car tires made of synthetic rubber to the outside world, but it was not mass-produced!

This time is actually the same, and of course there is still some progress. This kind of synthetic rubber can already be mass-produced, but the cost is not worth mentioning, anyway, it is unaffordable!

However, it's okay to use it to fool investors!

Immediately afterwards, major rubber importing countries in the world such as Bulgaria, the United States, the United Kingdom, and Germany announced to the outside world that their purchases of rubber will remain unchanged in the coming year.

This news is really fatal, more serious than the emergence of synthetic rubber, which means that the market is saturated and the golden age of the rubber industry is over.

As for the previous artificial synthetic rubber, everyone knows that it will not be introduced to the market in a short while, and it will not affect everyone's interests in the short term!

Under the impact of a series of bad news, the stock market could no longer hold back. The market value of rubber stocks on the London stock market was wiped out by one-fifth that day, and it continued to fall. The rubber crisis broke out in full swing!

In less than a month, the rubber stocks on the London stock market fell by 95%, and many stocks fell below the market price!

At the same time, Shanghai, a financial market far in the east, cannot stand alone! Since the supervision of the Qing government was almost zero, the impact in Shanghai was even more tragic than in London!

Not only has the stock market been hit hard, but more importantly, it has also affected banks, and the private financial industry has been hit hard! In less than a year, the number of banks in Shanghai was reduced by more than half.

Ferdinand pretended not to see all this, it was all caused by greed anyway, no one could care about it, the real poor would not know how to play stocks, they didn't even have the principal!

Oh, Ferdinand still has a conscience. After the crash of rubber stocks, his company also announced a high-profile buyback of the stock market.

Of course, this price is naturally the price of cabbage! It’s good if someone buys it now, don’t you see that most of the stocks have become a pile of waste paper?

Of course, as one of the black hands behind the scenes, it is naturally impossible to just earn profits in the stock market! No, why doesn't Ferdinand even bother to go short?

Oh, it’s not that Ferdinand has a conscience, it’s mainly because the big tree attracts the wind. It’s better to let the consortium get the limelight for this kind of hatred. He can just hide behind and make a fortune.

After making a fortune from the hype, he just waited for the final bottom-hunting. Anyway, the capitalist world has always affected the whole body, and other industries will inevitably be affected.

Instead of competing with consortiums in the rubber stocks where everyone's eyes gather, why not expand into other industries?

Oh, these are also discussed in advance by everyone, and each of them divides a piece of meat, so they can't go overboard. If someone competes, can this still be called bargain hunting?

Well, taking this opportunity, before the crisis broke out, Ferdinand also took the opportunity to sell a lot of industries in Europe, especially in places where major historical wars were located, and they gave priority to withdrawal!

This is also a big trouble for the family. If you want to withdraw capital, you must be careful. Otherwise, if it is discovered, the capitalists of this year are not easy to talk about. It is not enough to take advantage of the fire, but don't even think about selling it at a high price!

Fortunately, it is only 1911, the conflict between the two sides is not too deep, and there is no sign of a world war. If Ferdinand wants to withdraw capital on the eve of the outbreak of the world war, how many favors will he have to pay?

As for the fiefdom, to be honest, Ferdinand really wanted to dismantle it and sell it! Oh, no one can afford it without tearing it down!

Unfortunately, this is impossible! Selling one's ancestral property was not a honour, either in the East or in the West, and would tarnish Ferdinand's immaculate reputation.

You can make more money if you lose your money, but if you lose your reputation, you really lose it! Ferdinand could only watch in pain as his ancestral property worth tens of millions of pounds gradually drifted away from him!

No, just leave temporarily. After the world war ended, the newly independent small country probably wouldn't have the guts to attack his ancestral property, right?

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