Bulgarian Empire

1912 was a year of change. While the Allies were integrating internally, the Allies also made corresponding strategic deployments. The most obvious was that the Germans accelerated their shipbuilding.

And at the end of 1912, Wilhelm II announced to the outside world a new German shipbuilding plan. The German government planned to add another 3 super-class dreadnoughts and 4 battlecruisers in the next three years!

The reaction of the Germans stimulated the British, but there was a fierce quarrel within the London government over whether to continue to implement the current Navy Act.

The British Empire finally discovered that their finances were going to be overwhelmed! According to the previous navy bill, now they have to add 6 more super-class dreadnoughts and 8 battlecruisers. Total military spending!

The irony is that the Super Dreadnought was also produced by the British Empire. It was originally planned to crush the Germans in quality, but the Germans have just started to catch up again! \u00261t;i\u003e\u00261t;/i\u003e

...

Asquith (Phase and Chancellor of the Exchequer) said: "Mr Churchill, please calm down and think about the problems we are facing now, even though my financial income is twice that of the Germans.

Even if they have to take care of the army, we also have to guard the colony. If we continue to fight like this, we may still be the first to be unable to hold on! "

Well, this is also a sequela of the welfare system reform carried out by the British Empire. Although internal conflicts have been alleviated, financial expenditures have also greatly increased.

Minister of the Navy Churchill still said excitedly: "But, Mr. Xiang, can we withdraw now? The Navy Act has just been passed, and we have retreated less than a year after its implementation. How does this make the outside world think of us? How do they think of the British Empire? Has our British Empire fallen?"

The Secretary of State retorted: "Mr. Churchill, we all know these things, but you also have to consider our financial capacity! Now our military expenditure has exceeded 25% of our fiscal revenue. In the next year, we will even have to Thirty-one percent, this is already a very dangerous number, do you understand?" \u00261t;i\u003e\u00261t;/i\u003e

Churchill did not buy it and said: "We can make debts! As long as we persist, the Germans will soon find that they cannot compete with us in the navy, and they will continue to focus on the army instead.

In this way, once the war breaks out, the Germans will fight with the French and Russians to lose both sides, and the hegemony of the British Empire will become more consolidated by then! "

Asquith shook his head and said, "No way! If we continue, we don't know if we can drag down the Germans, but we will be dragged down first!

It's easier said than done! Don't you want interest, don't you need to repay? If this continues, even if we can drag down the Germans, we will be seriously injured. You don't think our enemy is only one German, do you? "

Foreign Secretary Edward suddenly said: "Actually, we all know that the Germans are now in a difficult situation. Our goal is to enable the Royal Navy to firmly suppress the German Navy, not to fight for the so-called face!" \u00261t;i\u003e\u00261t ;/i\u003e

...

In the end, John Bull still had to compromise in the face of reality, gave up the Navy Act that had just been implemented for less than a year, and changed the original 2:1 to the current 3:2.

That is: for every 2 warships built by the Germans, 3 warships were built by the British.

The British confession did not surprise Ferdinand. This is obvious, the British Empire occupies a quarter of the earth (approximately 3.35 million square kilometers) of colonies, and the cost of guarding it is naturally impossible to be low.

If the series of welfare policies of the British are added, the expenditure will be even greater. Anyway, the welfare of the British in this era,

Ferdinand never enjoyed it in his previous life!

Don't look at the fact that the Germans' economic aggregate has surpassed that of the British, and they seem to be very powerful during the arms race. In fact, the Germans are far behind Britain and France in terms of financial revenue! \u00261t;i\u003e\u00261t;/i\u003e

Until the outbreak of the war, the financial income of the Germans was less than half that of the British, and even the French were 70 to 80% higher than the Germans.

To put it simply, the Germans are engaged in an arms race with a fiscal deficit. Once the arms race starts, they can no longer stop. They either start a war or die themselves!

Oh, just looking at the fiscal revenue, in fact Bulgaria is no worse than the Germans, but in fact the funds available to the governments of the two countries are very different.

Well, that's the reason for the system. Therefore, Ferdinand decided to make a financial cut. Simply put, it is to deduct a series of expenses such as salaries, operating costs, and enterprise development funds of enterprises under the government in advance, and only remember the profits handed in by the enterprises!

But this is also very troublesome. Many government enterprises are still in a state of loss, and they still have to rely on government funding to operate. If this part is also stripped from the finances, how will they survive? \u00261t;i\u003e\u00261t;/i\u003e

It is obvious that Ferdinand was worried about the situation of eating from the same pot, and separated the corporate and government finances.

This is mainly because these state-owned enterprises were not profitable when they were established, but with the high growth of Bulgaria's economy, many enterprises have now turned losses into profits and have the conditions for independent operation.

If there is no cutting, people who don't know will think that Bulgaria's finances are really so good that they have already surpassed the Germans.

The growth rate is even more like a spaceship. In a good year, 20 to 30 percent of fiscal revenue is nothing. If the five-year plan is completed, a yearly increase of 40 to 50 percent is nothing. !

In fact, it is true that income and expenditure have increased year-on-year, but in essence, it still cannot change the current situation of financial scarcity!

Nearly half of the top 100 enterprises in Bulgaria by assets are state-owned enterprises, and the rest are owned by Ferdinand. As for capitalists? Still a thriving seedling! \u00261t;i\u003e\u00261t;/i\u003e

How much profit do so many state-owned enterprises turn in each year? In 1911, state-owned enterprises handed in profits as high as 750 million levs. Don't worry, look at the government appropriations and you will find that this huge sum of money has been consumed by their brother companies.

Before 1897, Bulgaria's largest gold-eating beast was the railway company, followed by steel factories and arsenals. However, with the end of the First Balkan War, the steel factories began to turn losses into profits.

In 1907, the railway company achieved a balance of payments for the first time, and replaced it with municipal infrastructure, such as the construction of hydropower stations, village roads, and so on.

It's a pity that there is no way to build high road tolls in this era, otherwise, with Ferdinand's integrity, it is estimated that Bulgaria will also have toll stations!

The separation of finance and enterprise finance is not a matter of overnight, at least until the completion of the "Three Five-Year Plan".

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Ferdinand ordered: "Chief of the General Staff, the British established an air force in May this year. I am going to follow suit. You must come up with specific measures as soon as possible!"

There is no doubt that Ferdinand reached a decision on this matter without consulting anyone. The main reason is that in this era, the Air Force is still a new military branch, and everyone doesn't know it very well.

Prior to this, some people in Bulgaria also proposed the establishment of an air force, but it was to be subordinate to the Army, which was vetoed by Ferdinand.

If it is an air force subordinate to the Army, what is the difference from the current Air Force?

With the development of the times, by 1912 Bulgaria's aircraft technology had made remarkable progress. The flight range has also increased from the previous tens of kilometers to more than 400 kilometers; the altitude has also increased from the initial tens of meters above the ground to the current more than 5,000 meters; More than a hundred kilograms. \u00261t;i\u003e\u00261t;/i\u003e

With the development of aircraft technology, its role in wars has become more and more obvious. The current air force has the conditions to become an independent army.

"Your Majesty, what is the size of the newly formed Air Force?" asked Chief of General Staff Imya Dimitev

Ferdinand thought for a while and said, "The Air Force will train 15,000 qualified pilots within two years, and at least have 1,500 flight crews."

As for the specific organization, flight formation, etc., let the professionals do it! The performance of today's aircraft cannot be compared with that of future generations. If you copy it mechanically, who knows what will happen?

Fortunately, aircraft in this era are cheap enough. The cheapest aircraft is only a few thousand levs, and the more expensive fighter jets are only tens of thousands of levs. Otherwise, killing Ferdinand would not dare to build so many crews.

Oh, in fact, planes are not worth much, but the pilots are! No, pilots in this era are not as valuable as later generations. His requirements are much lower than those of later generations, and the training is much simpler.

In any case, Ferdinand decided to reserve more pilots. As for the aircraft, the production is really not difficult. If necessary, Bulgaria can produce thousands of them every year, which is enough for World War I.

Undoubtedly, the birth of the Air Force is an era-changing change in military history. After more than ten years of efforts by Ferdinand, Bulgaria has finally come to the forefront of the world in this regard.

Of course, for the Lu Navy, this also means that there will be another competitor in the competition for military expenses at the end of the year!

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