King

Chapter 354 Potential Risks

On the Holy Mountain, the news of the death of Caesar III came, and everyone in the Holy See was very happy. If it weren't for the fear of bad influence if word spread, Pius VII would have prepared a celebration banquet.

In the past few days, Caesar III had slapped him in the face many times. However, the Alpha Kingdom is not weak and far away, so it is not easy to start a counterattack.

Now this biggest heretic has finally fallen. Ulise, who was originally a man with his tail between his legs, suddenly became hard again.

At this moment, no one can criticize their "holy hands" for not doing things well. The credit for assassinating Caesar III was completely attributed to Ulisse.

"Your Majesty, Caesar III is dead, so should we start our next plan?"

Ulisse asked enthusiastically.

Killing Caesar III was just the beginning. The real purpose of the Holy See was to provoke civil strife in the Alpha Kingdom and uproot the biggest "heresy" in the Northern Continent.

"Do not worry!

As an old friend, now that Caesar III has passed away, we must send someone to express our condolences, so as not to spread the word and let everyone think: I, the Holy See, do not know etiquette. "

As soon as Pius VII finished speaking, everyone burst into laughter.

They said they were offering condolences, but actually they were looking to add to the chaos. If you refer to history, you will know that the change of kingship is rarely peaceful.

If the Holy See gets involved again, the already turbulent Alpha Kingdom will become even more lively.

"Your Majesty, the civil war in the Warhammer Kingdom has been going on for almost a year, causing no peace in the northern continent.

For the sake of peace on the mainland, I suggest helping them to unify the Warhammer Kingdom as soon as possible.

Joseph II is the orthodox monarch of the Warhammer Kingdom and a devout believer in the Lord of the Dawn. Supporting him in taking over the power of the Warhammer Kingdom is what everyone expects! "

Blake suggested cautiously.

After experiencing a series of social beatings, the leader of the Judgment Knights, who barely retained his position, became more and more mature in political skills.

Theoretically speaking, the Holy See can gain the greatest benefits by supporting the nobles in the southwest.

After all, although their leader has high prestige, he does not have the right to inherit the throne.

If you use the canonization of the king as a bargaining chip and take the opportunity to propose conditions in exchange, you will definitely be able to obtain the greatest benefits for the Holy See.

However, behind the great benefits, the backlash is also very serious. Regardless of the origin of the civil war in the Warhammer Kingdom, this kind of "rebellion" is not allowed for the monarchs of various continental countries.

One or two things can be seen from the current reactions of various countries. At this moment, everyone supports Joseph II, the orthodox monarch.

The only problem is that all support remains in words; substantive actions are always in preparation.

If the Holy See is willing to help Joseph II, it will be a timely help. Although the benefits are not as great as supporting the "rebels", they are better than being politically correct.

Even if the countries in mainland China are in conflict with it, they can't stop the Holy See from supporting "orthodoxy" on the surface.

If we can take the opportunity to complete the infiltration of the Warhammer Kingdom, one-third of the Holy See's layout in the Northern Continent will be completed.

"Um!"

"We must hurry up on this matter. The Warhammer Kingdom is already severely weakened. If the civil war continues, they will really be ruined.

However, in terms of actions, we still have to keep it strictly confidential and we cannot be exposed. Otherwise, it is very likely to trigger a round of proxy war! "

Pius VII said with a serious face.

As early as half a year ago, the Holy See planned to intervene in the civil war in the Warhammer Kingdom, but it was afraid of extending its tentacles out of fear of Caesar III.

There is no way. Although the Holy See is powerful, it is still too far away from the Warhammer Kingdom, and the power it can put into the past is limited.

If you are targeted by the enemy and make targeted arrangements in advance, it will be another action that will result in the loss of troops and generals.

"Your Majesty, to intervene in the Warhammer Kingdom's civil war, we need a big event to attract the attention of the outside world and provide us with cover.

The death of Caesar III was an opportunity, but this impact was only short-lived and would soon subside.

The change of kingship in the Kingdom of Alpha is a typical one where a father dies and a son dies. The country's great nobles will not conflict with the succession of Crown Prince Caesar.

If you want to have a long-term impact, it is best to be a big event that affects the interests of many people.

According to the information we have, the total debt of the Principality of Moxi far exceeds its carrying capacity. Even the interest payments on the funds are paid by issuing new bonds.

In the past six months, the great nobles who hold the bonds of the Principality of Moxi have been secretly reducing their holdings.

After being traded again and again, a large amount of war bonds have now flowed into the hands of many small nobles and small businessmen.

Once this news is revealed, it will inevitably cause an avalanche of bond prices in the Principality of Moxi. If we take the opportunity to hold a large amount of bonds and ask the Mossi people to redeem them in advance, this hidden mine will explode.

The debt of the Principality of Moxi collapsed, and the Kingdom of Alpha was bound to be affected. If we take the opportunity to add insult to injury, they might also default on their debts.

The two major countries in the Northern Continent are deeply involved in the debt crisis. Even if our actions in the Warhammer Kingdom are exposed, they will not bother to interfere.

As for other forces on the mainland, by the time they take action, our Warhammer Kingdom’s actions will probably be over! "

Cardinal Sauron's proposal instantly attracted everyone's attention. What seemed like just a large-scale debt default was actually a huge thunder that triggered civil war among the human race.

There are three major countries in the Northern Continent. Now that there is a civil war in the Warhammer Kingdom, the Principality of Moxi and the Kingdom of Alpha are also involved, and the regional balance within the human world has been broken.

After the original counterattack against the orcs ended, several powerful countries in the central part of the continent became impatient and wanted to expand to the northern continent.

The delay in taking action was due to the constraints of several powerful countries in the southern continent; on the other hand, there was a lack of moral reason to take action. l

In addition, the Principality of Moxi and the Kingdom of Alpha still retained some strength after the war, and Caesar III came up with the Warcraft Legion plan to unite a number of small countries in the northern continent.

Although overall it is not as powerful as several kingdoms in the middle, they will not be able to swallow it for a while.

Things are different now.

Without Caesar III as the leading brother, the loose alliance of the major forces in the northern continent that had temporarily gathered together was on the verge of collapse. Maybe all it takes is a gust of wind and it falls apart.

Even moral barriers will no longer exist after a debt default breaks out.

They can march to the northern continent under the banner of armed debt collection. The small nobles and small businessmen who become the last successors in our country will become staunch militants.

If the Holy See waits for an opportunity to do something to help them hold back several powerful countries in the southern continent at this time, then no one will be able to prevent the outbreak of civil war in the human race.

It is easy to ignite this thunder. The trouble is how to maximize the interests of the Holy See. We cannot destroy the Alpha Kingdom and have one or more countries that oppose the Holy See emerge.

To restore the glory of the Holy See, the best choice is to break the current balance within the human race. But the alien race's eager gaze cannot allow the overall strength of the entire human race to drop significantly.

Constantly weighing the pros and cons, Pius VII wandered around the hall for a while.

Almost at the same time, similar discussions also occurred in the Frankish Kingdom, the Iliban Kingdom, and the King of Hesse.

It's just that everyone has different ambitions and strategic goals, and they all have different tendencies when making decisions.

Even the alien races that had nothing to do with the Alpha Kingdom also started heated discussions about the death of Caesar III.

For a time, the entire Aslant continent showed a scene of an approaching storm.

The "Ten Thousand Years of Catastrophe", which was originally a secret, has also been spread widely due to the promotion of thoughtful people.

To sum up, it can be summed up in one sentence: the outbreak of the "ten thousand-year catastrophe" - the replacement of the "racial hegemon".

In the Mountain Territory, after hastily ending the activity of the Warcraft cubs recognizing their masters, Hudson became busy.

The king's sudden death forced him to make major revisions to his previously formulated territory development plan.

The wharf and shipyard have completed preliminary exploration and are waiting to start construction immediately after the canal is opened.

It is really embarrassing to throw away something you spent a lot of money on. Hudson is not so arrogant that he can waste decades of investment in gold coins.

What's more, compared to the financial investment, the "key" to the sea is the most valuable.

Knowing that this was Caesar III's plan, he could only jump into the pit.

Once you let go now, it may be difficult to encounter such a good opportunity in the next ten or even decades.

Even though there is a pile of relevant information in Hudson's warehouse, no one has turned what is recorded on paper into reality, and the information is just a pile of waste paper.

Like it or not, the Mountain Territory will be tied to the royal chariot for a long time to come.

"His Majesty has passed away and the situation in the kingdom has taken a turn for the worse. Please speak out your thoughts!"

Hudson said with a cautious look.

At times like this, think tanks must take advantage. Compared to him who was born two generations ago, the way these natives look at issues is closer to the mainstream of society.

"My Lord Earl, it is better to be still than to move at this time. The news of His Majesty's death has spread, and the kingdom is in an undercurrent stage at this moment.

Our intelligence collection work is seriously lagging behind, and we do not understand the situation in the royal capital and the positions of the great nobles in the country. Intervening rashly will only put ourselves in danger.

It is better to stay put and wait for the situation to develop. Once the political situation becomes clearer, we will decide on our next plan! "

Kane's words disappointed Hudson. It seems that he is seeking the country with his old age, but in fact he is missing a good opportunity.

As an emerging nobleman, he was destined not to have the confidence of the established nobles to sit firmly on the Diaoyutai. At such a sensitive moment as the change of kingship, it is not something that Hudson can avoid if he wants to.

Especially this storm is not limited to the country, but may also involve some major international forces.

After glancing at the crowd, Hudson turned his attention to the eager financial officer and pointed directly: "Rudolph, please tell me what you think!"

"My Lord Earl, the current situation is not good! The time of His Majesty's death is too sensitive, and something big may happen.

Especially in our southeastern provinces, the issue of repayment tax has been aroused. A large number of minor nobles gathered in the Governor's Mansion to cry out for poverty.

It would have been very difficult to collect all the taxes. Now that His Majesty has passed away and everyone is busy attending the funeral, the issue of tax collection may have to be postponed further.

We can delay it, but the kingdom’s finances cannot afford it. If this fee cannot be collected, subsequent bond interest payments will inevitably be affected.

Even if the Ministry of Finance can move around and temporarily close the hole in a short period of time, problems will still arise later.

After all, there are too many accidents that may happen during the change of kingship.

Including the currently determined repayment tax, it is very likely that it will be incurred this year and will not be amortized next year.

I don’t think the new king will be able to convince the nobles in the country to continue to accept high repayment taxes in a short period of time after he succeeds to the throne.

Not only this tax, but also other taxes will be difficult to guarantee to be paid in full in the coming days. The kingdom's finances are likely to be dragged down by heavy debt..."

After listening to Rudolph's analysis, Hudson couldn't help but sigh: As expected of a financial professional, his perspective on analyzing problems is different.

Compared with the political changes, the financial crisis is the most urgent problem that Alpha Kingdom needs to solve at the moment.

Originally, according to Caesar III's plan, as long as the first "repayment tax" was paid in full, it became a practice.

With this adaptation period, everyone's resistance will not be so strong when the tax is levied later.

As long as everyone grits their teeth and lives a hard life for a few years, the Alpha Kingdom will emerge from the debt crisis.

After all, this tax not only settles interest, but also repays part of the principal in advance. The longer the period goes by, the less interest the kingdom will have to pay.

Unexpectedly, the plan did not change quickly. The sudden death of Caesar III suddenly broke the plan.

The "repayment tax" was interrupted before it could be collected. Whether it can be implemented in the future depends entirely on the integrity of nobles everywhere.

If such a large amount of revenue is missing, no matter how good the Ministry of Finance is at tearing down the east wall and repairing the west wall, it will not be able to fill such a hole.

"The analysis is good. The Kingdom's finances may indeed be in crisis. However, this is not comprehensive. In addition to domestic problems, it will also be affected by the international situation.

If someone adds insult to injury to the Kingdom, it is very likely to trigger a wave of runs requiring early repayment before the bonds mature.

The treasury has long been empty, and the Ministry of Finance can only deal with minor troubles by shuffling here and there, but cannot afford to redeem bonds in advance.

Although in theory, we can reject this unreasonable request for early redemption, in practice it is simply impossible to do so.

They don’t ask for interest on the funds. They have lent us the money for so long and still haven’t paid it back. If word spreads, the kingdom’s reputation will be ruined.

A run only comes to some bond holders. If there is a credit collapse, all creditors come to the door collectively.

Maybe they can even stage a drama of armed debt collection, forcing us nobles to pay to fill the hole! "

Although he said this, deep down in his heart, Hudson knew very well that if armed debt collection broke out, what people wanted would not be money.

Although the Alpha Kingdom owes a lot of debts, it also has many creditors that it cannot bear. The debt spread to a single creditor is only one or two million gold coins at most.

If a large-scale war is really launched, such a small amount of money can only be used for an armed training at most.

It's a little late, but the votes still have to be cast. This is the motivation for Haiyue Code Words!

Thank you readers for your support.

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