Bulgarian Empire

Celebration banquets have become the norm in Europe recently. Whether it is a big country like Britain and France, or a small country like Portugal and Belgium, they are holding activities one after another to divert the attention of the people.

After all, many people died in this world war. Except for the two unlucky ones in Italy and Germany, even the Austro-Hungarian Empire was engaged in activities to enliven the atmosphere among the people.

Fortunately, this is the European continent, and there is no scene of "the city is full of alumni, and every family is still crying".

Bulgaria is no exception. Ferdinand has been busy conferring titles recently. In order to show his importance, he personally presided over the conferring ceremony of all nobles. The order of Viscount-Baron-Knight went all the way down.

If they come one by one, it is estimated that Ferdinand will be able to finish it in his lifetime! The last lord is directly omitted, and the false nobles in Europe are worthless!

After the nobility is finished, the next step is to confer titles. This time Ferdinand was generous enough to confer five marshals, more than 20 generals, more than 120 lieutenant generals, and more than 500 major generals at once. .

Then with a big wave of his hand, all of these people who were over fifty years old all joined the military committee and started their semi-retired career, while the young officers continued to serve in the army.

Except that the prestige of these five marshals is too high, Ferdinand is not good enough to let them retire directly, and let them take up their original positions again, namely:

Secretary of the Navy: Petrov

Minister of War: Popov

Defense Secretary: Dante Christophe

Minister of War: Andrey Blaskov

Chief of General Staff: Imya Dimitev

Anyway, they all made high-level confessions, and they all said goodbye to the military power. If there is no accident, they will never have the opportunity to lead troops to fight again in their lifetime, and they can even announce their retirement after a full term.

Ferdinand was very patient in this regard. On the surface, these Bulgarian generals seemed to have made outstanding achievements and had high prestige in the army, but their actual influence on the army was already very low.

He has been away from the front-line army for many years, and he has no chance to cultivate direct descendants! Now that they have all achieved success, it is time to leave opportunities to young people.

It is worth mentioning that so far, several marshals have submitted applications for retirement to Ferdinand, but they were rejected by him with good face.

After all, it is now the professional placement of the army. If these old guys are not allowed to stand up to the thunder, I don't know if the young officers behind can hold back their yelling? Anyway, Ferdinand didn't intend to take any risks. If a joke happened later, he would be ashamed.

Let these veterans go out, relying on their prestige, should be enough to suppress all discordant voices, at least first suppress the radical faction in the army.

After all, in Bulgaria's current military system, it is easy to have radical ideas in the army, or in any army of this era, it is easy to produce radicals.

It is not terrible for the army to produce radicals. The emergence of radicals is also a manifestation of the vitality of an army. Without an army of radicals, there will be no hope! After all, can an army that is not warlike still count on their combat effectiveness?

The terrible thing is that the military cannot suppress the radicals. The most representative is the Japanese Army. This wonderful army directly regards the coup as a daily activity. Many grassroots officers regard the government as a national traitor!

Of course, most of this is caused by the game of interest groups behind the scenes. Otherwise, if the high-level military can work together, how could it be impossible to suppress the few low-level officers below?

In this regard, Ferdinand doesn’t have to worry about it. For this kind of energetic grassroots officers, it’s best to find something for them to do. In his opinion, it’s very important for an army to produce chaotic ideas. The reason is too idle!

As long as you get busy, who still has the energy to think about it? Is there anything Bulgaria lacks to do right now? Are there still so many rebels in the colonies that need to be wiped out? If you want to vent, vent to them!

these nomads,

It's not so easy to deal with. If even a few colonial issues can't be resolved immediately, and they dare to force Ferdinand to retire them!

Anyway, Bulgaria may be short of people now, but there will be no shortage of people who want to be soldiers. The fame can be obtained immediately, but now Bulgaria is the best way out!

It is impossible to complete the professional placement work and the division of military merit fields in a short period of time, at least this year.

Involved in the division of millions of military merits and tens of millions of migrants, in Ferdinand's opinion, if the resettlement task can be completed within 1918, the government can be regarded as highly efficient!

...

After returning from the Paris Peace Conference, Constantine compiled the materials and made a comprehensive report to Ferdinand. It also includes first-hand information on the contradictions between countries, the mainstream contradictions in the world today, the relationship between Bulgaria and other countries, and so on.

Constantine frowned and said, "Your Majesty, our debt sales are far from ideal. The consortium's offer is far from our prior expectations. I'm afraid we won't be able to close the deal in the short term!"

Ferdinand smiled slightly and said: "Don't worry, I think there will be a turning point soon! The conflict between the British and the Americans will not intensify for a while, but the war between the British consortium and the American consortium is afraid." It's not far away!

The mainstream currency in the world today is still the pound sterling, but the number one economy in the world today is the Americans. If the American consortia do not want to be subject to the pound and be sheared, then they will launch a currency war to replace the pound with the dollar!

And the world war that just ended just gave the Americans enough confidence. They just made a fortune. How could they be so willing to let John Bull take it back for nothing? "

Chancellor of the Exchequer Kennedy added: "Your Majesty is right. Judging from the information we have collected, the Americans are preparing to implement a US dollar internationalization strategy. Once this plan is launched, they will use US dollars and British pounds to grab the market!

And the creditor's rights we are selling now can just expand the scope of circulation of the US dollar. As long as the Americans eat up our creditor's rights, Bulgaria will have to hold a lot of US dollars. At that time, it will be difficult for us to settle without US dollars!

According to the analysis of our experts, they believe that the Americans may sell a batch of bonds to the Germans in the near future, so that the Germans can use them to repay their debts.

After all, in the world war that just ended, many countries owed debts to the Americans. For example, we, even if we got the compensation paid by Germany, we had to use it to repay the debts of the Americans. The profits gained in the war made a performance.

At the same time, the blood transfusion to the Germans was also completed. After all, for the Germans, American capital is a pure inflow of funds. They can directly use this money to pay off debts, or to expand industrial production. Pay off the debt! "

Well, I’m a little dizzy. Ferdinand only knows a little bit about economic terminology. It seems that a very common loan now was a game of the war between the US dollar and the British pound at that time!

To put it simply, the Americans issued bonds for the Germans. Not all of these bonds were bought by the Americans, but Wall Street sold them in the global market, using global capital to buy German bonds, and let Germany People raised funds.

In fact, a large part of this fund flowed out from the victorious countries such as Britain and France. The Americans used high interest rates to induce the capital of Britain, France and other countries to buy German bonds.

For the Germans, this means that capital is flowing in, and they use the money to repay international debts, and the Americans have completed debt repayment. The outflow of capital from Britain and France exacerbated the Great Depression of the domestic economy. This is the very famous Dawes plan in later generations!

The Americans have had this plan for a long time. This is just a part of the US dollar currency war. It also includes a series of combined punches such as the silver war, the devaluation of the US dollar, and the change of the gold standard. Historically, the British have been dizzy. , and eventually lost the financial supremacy of the pound.

You know what you know, but Ferdinand can’t do anything. With Bulgaria’s current economic size, it’s no problem to get a share of it.

The choice before him now is to help the Americans or to help the British? After all, Bulgaria is also an important part of today's world economy. Whether it is to give priority to the use of sterling or the US dollar for settlement, it is related to the direction of this currency war!

After figuring out all this, Constantine sighed slightly. He had just experienced the glory of the "Big Three", and was about to become a spectator in a war. This feeling is not so pleasant.

After being silent for a while, Constantine recovered and said confidently: "Your Majesty, there is no need for us to participate in the currency war between the Americans and the British. Virtual wealth is all virtual after all, real. Industry is the powerful root of a country!

What we have to do now is to further promote industrialization. When we complete the development of the Asia Minor peninsula, Bulgaria will become the number one industrial power in the European continent, and it is time for us to play! "

Ferdinand nodded in satisfaction. It is true that currency hegemony means wealth and a country's soft power, but industry is a country's hard power.

If Bulgaria now has the industrial strength of the Americans, Ferdinand will definitely jump out and compete with the British for the world hegemony.

However, the reality is that Bulgaria's industrial strength is only about one-fifth of that of the Americans, so Ferdinand can only choose to continue to practice hard.

Ferdinand replied: "Well! The cabinet will come up with a new five-year plan as soon as possible. No, this time it is a ten-year plan. The core of our development is still the Balkan Peninsula first, then the Asia Minor Peninsula, and then Syria, Pakistan, and Iraq. , Persian Gulf area!

I ask you to complete the full coverage of the railway and road network in the Balkans within five years, and achieve a total industrial volume that surpasses that of the French!

Within ten years, complete the railway and road network covering the Asia Minor peninsula, and connect the main roads in Syria, Pakistan, Iraq, and the Persian Gulf!

It is also necessary to promote the electrification revolution, build a batch of hydropower stations that can be used for a long time, and reduce our energy consumption. Before 1930, I hope that our hydroelectric power generation can reach 35% of the total power generation!

At the same time, we must further accelerate the development of our heavy industry, and strive to double the growth within ten years. The government must continue to encourage the development of the real manufacturing industry. We must surpass the British in terms of total industry within ten years!

From now on, Bulgaria's new round of development slogan is "five years to catch up with France, ten years to catch up with England"! "

After thinking about it, Constantine reminded: "Your Majesty, there is no need to catch up with France in five years. Due to the world war, our total industrial output has actually surpassed that of the French!"

Ferdinand nodded in embarrassment. He suddenly forgot that because of the World War, the 10 northeastern provinces of the French were occupied by the German army shortly after the war started. The occupied area was originally an important mining, metallurgy and textile center. The main products are The proportion of the country's industrial output is 63% for steel, 81% for iron, 74% for coal, 81% for woolen fabrics, and 76% for sugar. It has been occupied for two and a half years, isolated from the economic life of France, and the local industry has been directly abolished.

After the end of the World War, the total industrial output of the French is actually less than six floors in 1914, but the total industrial output of Bulgaria has increased by 15% compared with that in 1914. Under the circumstances, in fact, the total industrial output of Bulgaria at this stage has surpassed that of France.

Of course, the total industrial output of the French can recover within two years in theory, but in fact everyone knows the morals of the capitalists. In order to maximize profits, there is an influx of cheap industrial products from the Germans. God knows what they are Time to restore capacity!

It seems that in 1929 in history, the French economy surpassed that of 1913, and the French are still celebrating!

If this efficiency was placed in Bulgaria, Ferdinand would have pulled out all the cabinets and all the suddens, so it is better not to shout the slogan of "catch up with France in five years", it has already won by lying down!

Not only the French are like this, but in fact John Bull is not much better. After the end of the World War, their industrial development speed is also slow, and they are simply waiting for the latecomers to surpass them!

All Bulgaria wants to become the number one industrial power in Europe. There is only one real competitor, that is, the Germans who are still lying dead. Britain and France have already abolished their martial arts!

However, the historically powerful Soviet Union has not even appeared. Whether they can unify the Russian Empire is a big question mark. At least the European countries will not give them this opportunity now!

If even the Germans who are still lying dead can't compare, Ferdinand doesn't have to mess around! The Germans develop industries passively, while Bulgaria actively develops industries. If they cannot surpass them, then there is a real problem!

Ferdinand smiled slightly, concealing his embarrassment, and decisively chose to divert his attention: "Really? It seems that our goal is one step closer. From now on, the French are no longer our competitors, and the British are no longer our competitors." It can only be counted as half, and everyone should focus on the Americans!"

This goal is very powerful. At least in the short term, Ferdinand does not see the hope that Bulgaria will surpass the Americans, but since it is a long-term goal, it must be ambitious. It is too easy to achieve a goal, so it is not challenging!

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