Holy Roman Empire

With the outbreak of the second industrial revolution, the total industrial volume of all countries has grown like a snowball, and the demand for markets and industrial raw materials is also increasing.

The Vienna government is eager to promote free trade. In addition to the needs of domestic economic development, it also has an unspeakable strategic purpose.

Once in the era of free trade, Austria, which has an advantage in emerging industries, is bound to magnify this advantage and set a higher threshold for later.

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

It can almost be said to replicate the road of economic rise of the German Empire, but Austria has a thicker family, which is itself the largest exporter of agricultural products in Europe, and is backed by a vast colony.

Britain and Austria have divided up the world's industrial bodies. What should the rest of the countries do?

Especially in France, which is second only to the two countries, they have no advantage whether they are competing in the tradition of the British or emerging industries in competition with Austria.

It is not technically unable to keep up, mainly because the supply of industrial raw materials cannot be solved.Unlike later generations, transportation in this era was less developed.Once the distance is too far, the cost goes up.

It is too risky to defeat France militaryly. France is now a large country with a population of nearly 60 million. Even if the Italians do not contribute militaryly, they can still contribute in logistics.

Two dogs fight, play off.

Unless the war can be ended in a short period of time and the other party completely defeated, the winner is the fisherman.

As long as you look at the map, people with a little military knowledge know that it is impossible for France and Austria to win or lose in a short period of time. This is determined by geographical location.

In contrast, to economically defeat France, the risks are much smaller and the success rate is much higher.

Economically, the three countries of Britain, France, and Austria are competitors. Even if the London government likes to play European balance, it can only be a military balance, and there is no way to play balance economically.

The French and Austrian economies have long been out of balance, and the British have never thought of pulling the French, which means capital rivals.

Don't talk about strategy, the capitalists don't have that high morality.Earning money is the first priority. If you can kill a competitor and make more profits, why should you refuse?

No matter how great the threat from Austria is, it is also a problem in the future. It is impossible for capitalists to 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 threat alone, this is much more terrifying than the current Austria, and the capitalists still cooperate with the Soviets for the benefit of the capital.

In the era of free trade, the economy is determined by the market, and government intervention is relatively small.Take the London government of this era as an example, they hardly interfere in the market.

Needless to say, once Austria joins the free trade system, the vested interests will also promote the union of the two governments and pull all the remaining countries into the free trade system.

There is no doubt that most European countries have no confidence to refuse. When everyone joins the free trade system, the French will be in trouble.

Joining one of the game circles, they are not competitive. If they do not join the circle, they will fall into the awkward situation of stand-alone.

Originally, France was excluded from the European continent. Napoleon III worked hard for twenty years before it was barely accepted by everyone. Now, the single-player 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 signature of the British.

Judging from the current situation, as long as you do not kill yourself, the British industry and commerce can remain competitive in the next few decades, which is the foundation of the old industrial power.

...

Franz: "What's the reaction of domestic public opinion?"

Prime Minister Felix: "The voice of support and the voice of opposition are almost the same. The two sides are arguing very fiercely, and they may not be able to win or lose in a short time."

It is not only emerging industries that support free trade, but also agricultural products processing industries. They are Austria ’s dominant 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 profit, and some people's interests are damaged. For example: the cotton textile industry is the most staunch opponent. Once the tariff barriers are abandoned, the British will inevitably grab a part of their market.

Of course, if these companies are aggressive enough, they will also have the opportunity to run out and grab the British market.After all, the technical content of these industries is low, and there is not a big gap in technology.

If it is not Austrian Africa, the labor cost is higher, it is estimated that the domestic cotton textile industry will move, once entering the free trade era, cost control has become an indispensable part of the enterprise.

Franz: "Then provide them with a platform for supporters and opponents to debate and let the people eat ... the people will be the referees."

Originally, Franz wanted to say "the people who eat melons", but the words came to his mouth, and they felt out of place and changed to "people" in time.

"Your Majesty, this may make things worse. Many people have applied to the police station for demonstrations." Prime Minister Felix advised

Franz shook his head: "It is precisely because things are so big that it is necessary for them to debate. If they are not given a vent channel, would these people with compromised interests be reconciled?"

It is better to let capitalists and capitalists fight against each other than the government itself.Regardless of the outcome of the debate, reform is needed.

It's just that there is an extra layer of buffering that allows those who have lost interest to shift their hatred.

This is what it should be. As those who have vested interests in reform, they can't just take advantage of it, and it is one of their responsibilities to pull hatred.

...

Chancellor of the Exchequer: "Your Majesty, our negotiations with the British are blocked. In general, the two sides have reached an agreement, but the British asked us to open up the financial industry.

With the strength of the domestic financial community, once the financial market is opened, it is difficult for us to take advantage."

Not to mention dominance, the strength of the Austrian financial community is not as good as the French, let alone compared with the British.If the restrictions are lifted, it is basically the fate of being beaten.

After hesitating for a while, Franz said: "It is impossible to loosen financial restrictions. Domestic capital must be restricted. How can foreign capital be unrestricted?

Continuing to talk to the British can allow British capital to enter the securities market, but must comply with relevant laws.

If the British continue to struggle with financial issues, it is not a big deal for us to sign an agreement and the capital of the two countries will not enter each other's financial markets, which is fair."

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

Unlike the London financial market, the rule-makers deliberately left a back door, the Vienna financial industry market, that is often patched.

Drilling into the loopholes of the rules does not mean that you can make money. You must also be fast enough to complete the operation before the management department responds.

After so many years of patching, the loopholes in the Austrian financial market are now very few. If you want to shear sheep unscrupulously, the difficulty factor is greatly increased.

"Do not enter each other's financial markets", this is totally a joke.

It does not matter to Austria, the domestic financial industry is still in the stage of capital accumulation, and even if it wants to reach out to the London financial market, it does not have enough strength.

From the standpoint of the British, it would be different.The London financial market is the world's financial center, where capital from all over the world gathers to play games.

Except for the very few lucky ones who can make money from it, the vast majority of the rest are harvested by the British consortium.

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

The British completed the industrial revolution at the earliest. In the early years, they relied on the advantages of the world's factories to accumulate a large amount of capital. Since 20 years ago, there has been excess capital.

The United States could rise in the original space-time, that is, in order to vent the excess domestic capital, otherwise the country of natural election will not be so easy to develop.

Austria was able to rise, and in the early years it also used the capital of the British.It's just that Franz took advantage of the economic crisis and the rule-makers to pit British capital halfway.

Now that the British want Austria to open its financial markets, they are actually scared.

It is enough to detonate the economic crisis ahead of time. This can only be regarded as insufficient means, and the next time you pay attention.

But the restrictions of the rules are desperate.Many seemingly inconspicuous rules have little effect in ordinary times, and once the economic crisis breaks out, they can often strike a fatal blow.

These rules were made in advance and are still open.Belonging to the rules of the game, I didn't notice that it was my own problem, so they could hardly tell.

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

It's just that people like double standards, and use the rules to pit others, that's a clever method; if others use the rules to pit them, then you can't bear it.

learn from mistakes.After learning from the experience, the British capitalists wanted to remove these restrictions.

Franz is also very embarrassed, he would like to tell the British, this is completely worrying.

The same tricks cannot be played forever. With the continuous regulation of the market, there are not so many traps at all.

Regrettably, no one believes this. From the initial sinkhole of tap water and railway monopoly projects carried out by the Vienna government, to the recent detonation of the economic crisis in advance, British capital has suffered heavy losses.

From Austria ’s standpoint, this is normal operation, and all are in line with the rules of the game; but from the standpoint of British capital, these are huge pits.