Mediterranean Hegemony Road

Chapter 11. Sterling Group vs Lev Group

The world situation has changed beyond recognition, who will take the initiative to provoke this war?

Ferdinand was confused. Judging from the current situation, if the war broke out one day later, Bulgaria's advantage would increase by one point.

From a very good perspective of development, among so many countries in the world, among the great powers, Bulgaria has the fastest growing national power.

Why take risks when you can lie down and win?

Britain and France's anti-war is the mainstream, and the policy of appeasement has already begun. Otherwise, it is impossible for Germany and Italy to re-arm.

Germany and Italy are currently insufficient in strength, and there is no blood transfusion from American local tyrants. It is as difficult as heaven to break the international order.

The Austro-Hungarian Empire was unlucky and was too close to Bulgaria, so they have always kept their own place, not like the masters of trouble.

The Russians don't need to think about it. Nicholas II is already old, and his ambitions have been beaten to pieces. He is the last one who wants chaos in Europe.

Stalin was ambitious, but his strength was limited, limited by the population and traffic, even if he pirated Ferdinand's five-year plan, the results achieved were very limited.

In the Far East, they were also threatened by the Japanese, which belonged to the kind of powerless!

The United States is indeed the country chosen by heaven. Even if it is divided, the lives of all countries are now very good, and there is no atmosphere of war.

Radicalism is prevalent in Japan in the Far East, but who are they going to fight? This is a serious issue.

With less than two million tons of steel production, it is really difficult to support a big battle, and can only play the kind of wave.

The arms race has been provoked, and the Bulgarian government has made it clear that it is aimed at Japan. Unfortunately, no one believes the truth these days.

Even the Japanese government doesn't think that Bulgaria's navy expansion is aimed at them!

In their view, this is a very obvious strategic deception, whoever believes is a fool!

Why does Bulgaria want to PK with Japan? What is the reason? Where is the interest?

This is obviously illogical!

Could it be that it was because of fear that Japan would attack the Kingdom of Alaska and the Kingdom of Hawaii? But the Japanese government says they don't have that plan at all.

The reason is very real,

The radicals at the bottom were frightened. If they did not engage in trouble, the Japanese government would not take the initiative to engage in trouble.

They have had enough troubles, adding a new front, do you think they are not dying fast enough?

Hawaii is in the middle of the Pacific Ocean. Everyone can tolerate the existence of an independent Kingdom of Hawaii, but absolutely cannot tolerate Japan's control of this strategic location.

The same is true for Alaska. The Canadian self-government can be a neighbor of this small kingdom, but it is better not to talk about being a neighbor with the Japanese!

Canada's attitude can affect the position of the British, they must ensure the safety of the little brother, and the Kingdom of Alaska can affect the position of Bulgaria.

Whether it is the Soviet Union or Japan, they can only look at the ocean and sigh, and at the same time, they will be discouraged by the two most powerful countries in the world!

But Ferdinand doesn't know what the Japanese think? A beautiful misunderstanding triggered this arms race!

The parties have not figured it out, and the outside world is even more unclear. Naturally, everyone does not agree with the official explanation of the Bulgarian government.

On the contrary, it is more acceptable to challenge the world hegemony of the British Empire!

Affected by the arms race, John Bull, unwilling to fail, is also fighting back.

In the military, the "Navy Act" was promulgated tit-for-tat, that is: during the same period, the number of ships built by the Royal Navy cannot be less than that of any country!

This is obviously aimed at Bulgaria's shipbuilding plan, but the United Kingdom is still relatively restrained and did not directly point its head at Bulgaria.

Therefore, Little Ferdinand pretended not to see it, and did what he should do, without a tit-for-tat response, which is unnecessary!

Economically: Since the abolition of the gold standard, the value of the pound has plummeted. Coupled with the impact of counterfeit banknotes, the value of the pound is now only one-third of its peak.

The export competitiveness of commodities came out, and the wealth of the British people was almost plundered, and the gap between the rich and the poor continued to widen.

The so-called stimulus economy has not undergone a qualitative change. After the trade barriers began, the British can only live on their own one-third of an acre of land.

In the international mainstream market, tariffs are a big problem. Bulgaria created the Eastern European Economic Union and established an economic ecosystem.

The British were naturally not far behind. In 1933, the London government attracted Argentina, Brazil, Peru, Colombia, Paraguay, Bolivia, Panama and other countries to form the British Pound Group.

It is stipulated in the form of treaty that the mutual trade and international accounts of the member states are all settled in pounds.

The currencies of various countries have fixed exchange rates with the British pound, and the British pound is used as the reserve of the issued currency. Countries store most of their gold in British banks for international trade settlement.

In addition, the London government also announced that foreign institutions or individuals are prohibited from issuing valuable certificates in the UK to prevent capital outflows.

Affected by the establishment of the Pound Sterling Group, in 1934, Britain's foreign trade volume increased by 27%, regaining its status as the world's largest trading nation.

"Your Majesty, the British have established the Pound Sterling Group, and we cannot just sit idly by. It is imperative to establish a settlement system with the lev as the international currency!" Prime Minister Tolsky said solemnly

"Well, this is natural. The Eastern European Economic Union we established before was a small-scale common sense. If we compete in currency settlement, we still have an advantage in Europe!" Little Ferdinand said after thinking for a while

The reason, of course, is that Bulgaria has a larger trade proportion in the European market. For example, 75% of the oil market in the entire European region is monopolized by Bulgaria.

Otherwise, countries such as Portugal, Sweden, Norway, Denmark, and the Netherlands would have been won over by the British long ago.

Now they have not stood in line for a long time, a large part of the reason is because of oil supply.

There are many oil-producing regions in the world, but there are not many oil fields that can be exploited in this era, and most of them are controlled by Ferdinand, deliberately limiting production.

Artificially created a situation where supply exceeds demand. Of course, the international oil production giants are colluding together. No one can refuse the good thing of making more money.

The second is commercial trade. In the field of machinery and equipment production, Bulgaria maintains its leading position in the world, and British and French capitalists are more willing to use Bulgarian equipment.

Even in the field of food processing, the products exported from Bulgaria are more trusted by consumers. Even if the price is higher than similar products, they cannot dispel their enthusiasm.

This is a brand effect. After long-term publicity, the whole world knows that Bulgaria has the strictest food safety standards.

No one knows the morals of capitalists better than themselves. They never eat the products they produce.

People with financial means are naturally willing to buy some safer and more secure products.

Due to the trade balance policy implemented by Bulgaria, the more exports, the more imports, unless the gap between the two sides is too large, there is no way to balance the trade.

Under such circumstances, the governments of various countries are naturally more willing to trade with Bulgaria. There are imports and exports, and everyone takes what they need, which is what everyone likes.

To this end, the Bulgarian Ministry of Foreign Affairs has signed a lot of treaties on mutual most-favored-nation treatment.

"Yes, Your Majesty! Now we need more people to stand on our side. Once the Lev Standard is established, the British will be caught blind!" Prime Minister Tolsky said

"Is there any specific plan? It's not easy to win over these countries. They are not bumpkins from the Americas. The British boarded the ship after a while!" Ferdinand said with a smile

European countries have not yet stood in line, so they are naturally waiting for the price. Whoever gives the most benefits, they will fall to whomever, this is very realistic.

If the South American countries can procrastinate, after Bulgaria makes an offer, it is estimated that the British bid will be even higher.

"Your Majesty, we can engage in oil lev bundled settlements, and do not accept any other currency settlements, except for gold, of course!" Chancellor Merkel proposed

This is not a joke. If future generations look at the map, they will be shocked. More than half of the top ten countries in the world in terms of oil reserves are in Bulgaria, and more than half of the top twenty countries are still in Bulgaria.

If you calculate the total amount, six or seven layers of oil in the world are buried under the land of Bulgaria. Many countries cannot refuse such a play.

If one day Bulgaria does not sell oil to the outside world, a large part of the world's industry will be paralyzed. This is the best weapon.

"Well, it can be done, but we must pay attention to the means and don't make everyone too disgusted. After all, the British control a lot of oil fields!" Little Ferdinand said after thinking for a while.

The amount of oil used in this era is not as exaggerated as in later generations. If the game is overdone, John Bull can still meet the market demand by mining regardless of cost.

Of course, the possibility of this happening is almost zero, no one wants to make a loss-making business, and capitalists are not philanthropists.

Even government intervention cannot harm their interests. Otherwise, just look at how many regimes the oil tycoons have subverted, and you will know!

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