"Aisu.com" access address

With the explosion of the Second Industrial Revolution, the total industrial volume of various countries has grown like a snowball, and the demand for market and industrial raw materials is also increasing day by day.

The Vienna government is eager to promote free trade. In addition to the needs of domestic economic exhibitions, it also has ulterior motives.

Once the free trade era enters the era of free trade, Austria, which has the advantage of emerging industries, will inevitably amplify this advantage and set a higher threshold for the future.

If progress goes well, in the near future, the British occupy the traditional textile industry and shipbuilding industry; Austria occupy the world industrial pattern of emerging power, communications and internal combustion engine industries.

It can almost be said to be a replica of the economic rise of the German Empire, but Austria has a stronger family background and is itself the largest exporter of agricultural products in Europe and has a vast colony as a backing.

Britain and Austria have divided the world's industrial entities, what should we do if the remaining countries?

Especially France, second only to the two countries, neither the British compete for tradition or the emerging industries with Austria.

It’s not that the technology cannot keep up, but mainly because the supply of industrial raw materials cannot be solved. Unlike later generations, the transportation in this era was not that high. Once the distance was too far, the cost would increase.

The risk of defeating France in the military is too high. France is now a big country with a population of nearly 60 million. Even if the Italians have no military contribution, they can still contribute logistically.

The snipe and the clam fight, and the fisherman gains profit.

Unless the war can be ended in a short time and completely defeated the other side, the winner will be the fisherman.

Just look at the map and people with a little bit of military knowledge know that France and Austria cannot decide the winner in the short term, which is determined by geographical location.

In contrast, economically defeating France is much less risky and has a much higher success rate.

In terms of economy, Britain, France and the Austrians are all competitors. Even if the London government likes to play the European 6 balance, it can only be a military balance, and there is no way to play the balance economically.

The economies of France and Austria have long been unbalanced, and the British have never thought of taking action to win the French, which means capital and enemy.

Don’t talk about strategy, capitalists don’t have that high moral integrity. Making money is the first priority. You can kill a competitor and make more profits. Why refuse?

No matter how great the threat is to Austria, it is also a future problem. Capitalists cannot give up making money for potential danger.

The most typical case is the rise of the Soviet Union in the original space-time. In terms of threats alone, this is much terrifying than the current Austria, and capitalists still cooperate with the Soviets for the sake of interests.

In the era of free trade, the economy is determined by the market, and the government's interference is relatively small. Taking the London government in this era as an example, they hardly interfere with the market.

It is impossible to say that once Austria joins the free trade system, vested interests will also promote the alliance between the two governments and bring all the remaining countries into the free trade system.

There is no doubt that most European countries do not have the confidence to refuse, and when everyone joins the free trade system, the French will be in trouble.

If they join the game circle, they are not competitive and if they don’t join the circle, they will fall into an embarrassing situation of being single-player.

Originally, France was excluded in the European Big 6. Napoleon III worked hard for twenty years before being accepted by everyone. Now, playing stand-alone is back to its former state.

Perhaps the British will give up the free trade system one day, but it is absolutely impossible to give up in order to support France. As long as the benefits outweigh the disadvantages, free trade is the British's signature.

Judging from the current situation, as long as you don’t commit suicide, British industry and commerce will be able to maintain competitiveness in the next few decades. This is the foundation of an old industrial power.

...

Franz: "What is the reaction of domestic public opinion?"

Felix: "The voices of support and the voices of opposition are almost the same. The two sides argue very hard, and they may not be able to decide the winner in a short period of time."

It is not only emerging industries that support free trade, but also agricultural product processing industries. They are all Austria's advantageous industries and have enough confidence to participate in international competition.

Joining the free trade system and reducing import and export tariffs, these industries are vested interests.

Some people make profits and some people suffer losses. For example, the cotton textile industry is the most staunch opponent. Once the tariff barrier is abandoned, the British will inevitably seize part of their market.

Of course, if these companies are successful enough, they will have the opportunity to go out and grab the British market. After all, these industries have low technical content, and there is not much difference in technology.

If it weren't for the higher labor costs in Africa, it is estimated that the domestic cotton textile industry would have moved. Once it enters the era of free trade, controlling costs will become an indispensable part of the enterprise.

Franz: "Then give them a platform to debate supporters and opponents, and the people will be judged by the sauna."

Originally, Franz wanted to say "melon-eating crowd", but the words came to his mouth and felt that it was inappropriate, so he changed it to "people" in time.

"Your Majesty, this may make a big fuss. Many people have applied to the police station to protest." Felix persuaded him.

Franz shook his head: "It is because things are so big that it is necessary to let them debate. If they don't give them a channel to leak, how can these people who have lost their interests be willing?"

It is better to let capitalists and capitalists swear than the government in person. No matter the outcome of the debate, reforms need to be carried out.

It's just that there is an extra layer of buffering, allowing those who are harmed to benefit to divert their hatred targets.

This is a natural meaning. As vested interests of reform, we cannot just take advantage of things and do nothing. Raising hatred is one of their responsibilities.

...

Secretary of the Exchequer Carl: "Your Majesty, our negotiations with the British have been blocked. Overall, the two sides have reached an agreement, but the British have asked us to open up the financial industry.

With the strength of the domestic financial industry, once the financial market is opened, it will be difficult for us to gain an advantage."

Not to mention having an advantage, the Austrian financial industry is not as strong as the French, let alone compared to the British. If restrictions are lifted, it will basically be a fate that will be beaten.

After hesitating for a while, Franz: "It is impossible to relax financial restrictions. Domestic capital must be restricted. How can foreign capital not be restricted?

Continue to talk to the British that British capital can be allowed to enter the securities market, but relevant laws must be abide by.

If the British continue to get entangled with financial issues, at most we can sign an agreement and the capitals of the two countries do not enter each other's financial markets, which is fair."

Austria has never banned foreign capital from entering the financial market, but it is subject to many restrictions. If you want to freely roam in finance, just wait for confiscation by the management department!

Unlike London's financial market, rule makers deliberately left behind the backdoor, the Vienna financial market is often patched.

Taking advantage of loopholes in the rules does not mean that you can make money. You must also be fast enough to complete the operation before the management department can react.

After so many years of repairs, there are few loopholes in the Austrian financial market now. The difficulty coefficient for unscrupulous shearing is greatly increased.

"Everyone does not enter each other's financial market" is just a joke.

It doesn't matter to Austria. The domestic financial industry is still in the stage of capital accumulation. Even if you want to extend your hand to the London financial market, you don't have enough strength.

From the British's standpoint, it's different. The London financial market is the financial center of the world, gathering capital from all over the world to play here.

Except for a very small number of lucky people who can make money from it, the vast majority of the remaining ones have been harvested by the British consortium.

Foreign capital entering the London financial market is a fat sheep for the British financial consortium. Why should we refuse others to enter?

The British were the first to complete the industrial revolution. In their early years, they accumulated a large amount of capital by relying on the advantages of world factories. There was an overcapacity of capital twenty years ago.

The rise of the United States in the original time and space was because the British were to vent their excess capital in the country, otherwise the chosen country would not be so easy to develop.

Austria was able to rise, and in his early years he also used the capital of the British. However, Franz took advantage of the economic crisis and the advantages of rule makers to cheat British capital in the middle.

Now the British want Austria to open up their financial markets, but they are actually scared of being cheated.

It would be fine to ignite the economic crisis in advance, but this can only be considered as if your own methods were insufficient, so you can pay attention next time.

But the rules are restricted, which makes people desperate. Many seemingly inconspicuous rules have little impact in normal times. Once an economic crisis breaks out, they can often cause a fatal blow.

But these rules were formulated in advance and were public. They were not noticed within the rules of the game. They were not noticed, and they were their own problems, which made them unable to express their hardships.

The British are also playing with the same trick. The London financial market also has similar rules, specifically used to trick uninformed outsiders.

But people like to use double standards. If you use rules to deceive others, you are clever; if you are cheated by others with rules, you will not be able to bear it.

Learn from one's mistakes and gain wisdom. After learning from the lessons, British capitalists wanted to lift these rules and restrictions.

Franz was also in a dilemma. He wanted to tell the British that this was completely over-concern.

It is impossible to keep playing the same trick. With the continuous regulation of the market, there are not so many traps to set.

Unfortunately, no one will believe this. From the initial tap water created by the Vienna government, the railway monopoly project sinkhole, to the early economic crisis that triggered not long ago, all have caused heavy losses to British capital.

From the perspective of Austria, this is normal operation and is completely in line with the rules of the game; but from the perspective of British capital, these are huge pitfalls.
Chapter completed!