Great Warlord: The Second Ancestor of the Empire

Chapter 566 The financial crisis sweeping the world

The influence of the Rhineland Republic on Europe is very great.

Not only was the Austro-Hungarian Empire divided due to the influence of the Rhineland Republic, but even the Gaul and Hans empires also suffered.

Let’s talk about the Gallic Empire first. As an old powerful country, the Gallic Empire has always been at the forefront of the world.

At this time, the Gallic Empire was not the Gaul that could only raise its hands in salute. At this time, the Gallic Empire was still the second largest land power in Europe and the third largest land power in the world.

But even so, the Gallic Empire was very uncomfortable at this time.

As for the reason, it is still because of the tricks of the Rhineland Consortium.

Because the Gallic Empire was previously dissatisfied with the Rhineland Consortium's desire for the Strasbourg region of Gaul and voted against the establishment of the state by the consortium, these consortiums focused on the Gallic Empire.

Even after the Gallic Empire gave up the Strasbourg area, these consortiums still hated the Gallic Empire.

So after the establishment of the Rhineland Republic, the consortium still targeted the Gallic Empire and began to economically sanction the Gallic Empire.

How to put it this way? It can only be said that the Rhineland Republic is really going crazy and seeking death.

According to the previous agreement, the Republic of Rhineland is a permanently neutral country with no domestic armed forces. Its national defense is left to the Empire of Gaul and Hans.

Logically speaking, the Rhineland should be seeking from both countries and should respect them.

Even if you don't want to have a good relationship with them, you can't dig holes to offend them.

However, the Rhineland Republic not only did it, but also did it thoroughly. It directly devastated both countries.

Lin Yi felt that this might be because the people who are now in charge of the Rhineland Republic are the same people who previously controlled the economic lifeline of European countries.

They felt that they had been able to control the economic lifelines of various countries before, and those countries did not dare to resist.

Now that they have established an independent country, they can still control those countries, so they naturally feel that they are superior.

But they never thought that a country that does not have enough force to guarantee it, no matter how strong its economy is, is just a dish for its neighbors.

As the saying goes, if my neighbor farms the land, I will make my guns, and my neighbor will be my granary.

Lin Yi did not intend to remind the Rhineland Republic, he was still waiting to see the good show.

Having said that, after the Rhineland Republic began to exert economic pressure on the Gallic Empire, the Gallic Empire faced great economic pressure.

The increase in the price of industrial raw materials has led to a reduction in corporate profits and a lack of funds. This has directly led to the bankruptcy of many companies and the unemployment of workers.

In just a few months, the unemployment rate in the Gallic Empire has ranked first in Europe.

What unemployment brings is social instability.

Workers took to the streets and began to protest against the top management and the monopoly of the consortium.

At first, the high-level officials of the Gallic Empire were able to suppress it, but as the country ran out of money and could not even provide military expenses, and the soldiers could not get their wages, no one was willing to suppress it.

Even soldiers can be seen in some protest teams.

Seeing that the Gallic Empire was about to collapse, John's Empire, Millician and Bactria quickly provided an interest-free loan to the Gallic Empire, which barely helped the Gallic Empire tide over the difficulties.

Let me talk about it here. Daxia provided loans to the Gallic Empire mainly to stabilize the economic situation of the Gallic Empire and prevent the Gallic Empire from going bankrupt.

If the Gallic Empire went bankrupt, Bactria's investment in the Gallic Empire and war reparations would be far away.

This approach is similar to the way that later generations of Americans provided loans to the Hans Empire after World War I.

After all, if you want to have endless eggs, you have to protect the hens that lay them first.

If you don’t even have hens, how will you eat eggs in the future?

The current Gallic Empire is the hen that lays eggs, and Daxia can only try his best to protect this hen.

The Gallic Empire barely maintained its domestic economy thanks to the assistance from various countries, but the Hans Empire opposite did not have such good luck.

The reason why the Gallic Empire was able to stabilize its economy was the result of the joint efforts of the three economic powers.

The Empire of Millican and John are still allies with the Gallic Empire, and they also have investments in Gaul, so they have reason to help the Gallic Empire tide over the difficulties.

But the problem is that except for Daxia, there is no country with strong economic strength in the Hans Empire.

Daxia alone could not build up the Hans Empire.

At this time, Hans Empire was like a dying man. He knew that he was going to die, but he could only watch helplessly, unable to do anything.

Daxia's assistance could only slow down the time of his death, but could not save the death of Hans' empire.

At this time, the unemployment rate within the Hans Empire had become the second highest in Europe. After the Gallic Empire received aid, the Hans Empire replaced the Gallic Empire and became the first in Europe.

The extremely high unemployment rate has caused factories to shut down and the country is in stagnant water.

At this time, in order to avoid the bankruptcy of the Hans Empire, William II made a decision that surprised everyone.

He began to print more banknotes, and he printed them on a large scale.

This method is tantamount to drinking poison to quench thirst. Although it alleviated economic pressure within a month or two, it also led to another terrible result, that is, inflation.

The result of this inflation is that the originally strong Imperial Gold Mark is now reduced to waste paper.

In the end, the cost of producing the banknotes became more valuable than the face value of the banknotes.

In the end, Daxia saw that the Hans Empire had completely slipped into the abyss of bankruptcy, so it had no choice but to announce that it would stop aiding the Hans Empire.

The announcement of this news is tantamount to adding insult to injury and giving the Hans Empire, which was already in bankruptcy, a boost.

In fact, Daxia cannot be blamed for this, because with the power of Daxia as a country, he simply cannot boost the economy of the Hans Empire.

Even better or not, the bankruptcy of the Hans Empire will drag Daxia into the abyss of financial crisis.

Daxia can single-handedly help the Hans Empire delay for so long, which is considered to be the most benevolent thing.

These things, in fact, the senior leaders of the Hans Empire did not resent Daxia, but they only made them more resentful of the person who caused all this, the Republic of Rhineland.

With the financial bankruptcy of the Hans Empire, the most intuitive manifestation is that a piece of bread costs 5 billion imperial gold marks.

A worker's salary cannot even be exchanged for a piece of steak.

In addition to these, the bankruptcy of the Hans Empire is also a very fatal thing for various countries.

As the victor in World War I, the Hans Empire was very influential internationally.

The bankruptcy of the Hans Empire also caused a chain reaction.

In modern terms, the bankruptcy of the Hans Empire directly led to the collapse of the European economic market, and the collapse of the European market in turn led to an avalanche of the world's capital market, causing a financial crisis that affected the world.

In the midst of this financial crisis, the Jews began to engage in frantic short selling and harvesting, and directed all the world's capital to the Rhineland Republic.

Countries want to stop it, but there is no way to keep up with the Jewish conglomerate that is growing like a snowball.

In the end, the financial crisis that swept the entire world from August 1921 to the end of October 8 was finally over.

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