Wild North America 1846

Richard knows
Germany paid a heavy price in this war with nearly 600 million officers and soldiers killed and wounded, and more than 700 million people lost their lives due to hunger and plague. The two combined totaled more than 1 million people, and the development of the national economy was set back by 300 years.

The opportunity to learn that the nation can rise again stems from the universal education policy formulated during the Bismarck period.

This not only provided Germany with high-quality industrial talents, but also provided high-quality military talents. The pre-war student population exceeded 1 million.

In this area
Relying on its 68-year economic prosperity, the Tang Empire continued to invest heavily in the field of national education, reaching the world's top level and realizing universal compulsory education of 5 years + 2 years for all.

According to the statistics;
The total number of students in the Tang Empire in 1914 reached more than 3370 million, which was the number of the five countries of Britain, France, Germany, Russia and Austria combined. It cultivated nearly half of the world's high-level talents and engineers every year.

This was the basic factor for the continued prosperity of the Tang Empire.

Richard looked out the window at the dark Berlin night, feeling filled with emotion.

There are seven thermal power plants around Berlin, but most of the electricity is supplied to thousands of factories on the outskirts of the city. Urban lighting is ranked last in priority.

Today, the largest power supply equipment manufacturer in the world is Siemens of the Tang Dynasty. It has the most advanced DC power generation technology in the world and is the best choice for building thermal power stations.

The maritime arms race between Germany and Britain has inevitably affected Germany's import of the world's cutting-edge power equipment and its industrial development.

In the field of complete sets of thermal power plant equipment, German companies are far from growing.

Once a war comes, power shortages become the most troublesome problem. Many factories have to frequently cut off power, and it is impossible to supply electricity for urban lighting.

compared with

The vast Tang Empire had thermal and hydropower plants all over the country. At night, the city was brightly lit, creating a beautiful scene of a city that never sleeps.

in a peaceful environment

The sustained and rapid economic growth in North America has brought about prosperity and development in urban and rural areas. Even the night market economy has developed vigorously. This is unimaginable in Europe.

Richard lit a cigar, took a deep breath and exhaled the smoke. The room was soon filled with the strong smell of tobacco.

He is considering carefully in his mind
The Tang Empire made every effort to develop the second wave of industrial revolution represented by the electrical and chemical industries. It has reached the forefront of the world in most fields and has large-scale industrial advantages.

One step at a time, one step at a time.

Compared with China, which is still chaotic, the Near East, South Asia and Southeast Asia during the colonial period, and Europe where all-out war broke out, the entire America is now the only peaceful and peaceful place, like a paradise.

Today's chaotic international situation is a major historic development opportunity for the entire Tang Empire.

Richard has the most detailed economic data in his hands, which can completely verify this.

After the division of the United States of America, the Republic of New York, the Republic of Connecticut, the Republic of Maine, the Kingdom of Massachusetts, the Kingdom of Ohio and other North American countries each assumed different amounts of debts from the previous regime after independence.

After the outbreak of the all-out European War in 1914, these countries all gained huge profits from their exports to Europe. They successively transformed themselves from debtor countries, got rid of their original debts, and became creditor countries.

The Tang Empire, as the world's largest economy and the country with the strongest economic strength, was originally the largest economic power holding 113 billion Tang Yuan debts, and gained the most generous portion of it.

After the outbreak of all-out European war
What's more, both the Allied Powers Group and the Allied Powers Group took it all. In just over half a year, the creditor's rights held by them increased sharply, and now have exceeded 157 billion Tang Yuan.

It is expected that by the end of the year

It is possible to exceed the 200 billion Tang Yuan mark. The main debtor countries are the United Kingdom, France, Fuso, the Austro-Hungarian Empire, Germany, Belgium, the Netherlands, Denmark and the Ottoman Empire, almost all over Europe, except for Tsarist Russia.

This is because Tsarist Russia's southward policy really annoyed the Tang Empire, which imposed economic, industrial and financial sanctions on it and implemented a relatively comprehensive economic blockade.

Even if the European War broke out, it did not shake the Tang Empire's sanctions policy against Russia.

Britain, France and other countries have coordinated many times, but on this issue, the entire Tang Empire government has a very bad impression of Russia, and the policy has never broken the ice.

Nothing to do

Financial assistance to Russia has always been led by the French, with franc loans accounting for more than 600% of Tsarist Russia's total foreign loans, totaling more than 100 billion francs. (One said 1000 billion francs, another said 620 billion gold francs, and another said it was more than [-] billion francs. If the interest is calculated for decades, it is basically reliable.)
In a few years, all this money will be wasted.

Just thinking of this, a smile of schadenfreude appeared on the corner of Richard's mouth.

We can't blame him for being unkind. In fact, the pit of Tsarist Russia is too deep. It has trapped the French and British, and it is simply disgraceful.

Britain, France and other countries have dominated the world for hundreds of years, and they have never suffered such a big loss.

Speaking of France’s loans to Russia, it has a history of 35 years, and it can be traced back to the time of former German Prime Minister Bismarck.

Under the leadership of Prime Minister Bismarck, the formation of the "Triple Alliance" of Germany, Austria, and Italy put tremendous strategic pressure on France, forcing it to proactively seek new allies.

At that time

Due to their respective expansion ambitions, not only have the original conflicts between Germany and Russia continued to deepen, but new conflicts of economic interests have intensified their tensions.

Germany was originally Tsarist Russia's main market for agricultural products and industrial raw materials, and its industrial products were mainly sold to Russia.As early as [-], Prime Minister Bismarck used quarantine as an excuse to ban the import of all Russian livestock.Immediately afterwards, Germany implemented a grain import tax, which dealt a heavy blow to Russia.

In order to fight against Germany and make up for the emptiness in the treasury, Russia also implemented a new tax increase law, which sharply reduced the sales of German industrial products in Russia, which caused the relationship between Germany and Russia to deteriorate rapidly.

The French saw the opportunity, and in order to get rid of their isolation, they used money to try their best to build a good relationship with Tsarist Russia and find a strong ally for themselves.

The collapse of Germany created this opportunity for Russian-French collusion.In [-] France appealed to Russia for alliance.

The following year, France provided the first loan of several hundred and fifty million francs to Russia, which was in financial distress.

In 19, two more loan contracts totaling [-] billion francs were renewed.In the following years, French capital continued to be imported into Russia, and large amounts of franc loans contributed to Tsarist Russia's industrialization process, making Russia, which was short of funds, even more dependent on French finances.

In 50, Russia also ordered [-] rifles from France, all of which laid the foundation for the alliance between France and Russia.

In order to win over Tsarist Russia, a powerful ally, the French really spent a lot of money. Countless franc loans supported Tsarist Russia's industrialization process and its invading armies everywhere.

That is to say, during this period

Tsarist Russia invaded Central Asia on a large scale, completely annihilating several Central Asian nomadic countries including the Kokand Khanate, invaded Xinjiang, launched the Russo-Japanese War, launched the 10th Russo-Turkish War, and expanded the territory of millions of square kilometers. .

It is simply unimaginable without the support of huge franc loans.

France paid a high price to make Tsarist Russia's old fool work for his life, and finally pulled him onto the Allied forces' chariot.

Tsarist Russia has always borrowed money and never repaid it. In the barbaric perception of the Russian people, credibility is nothing, and this is not a problem.

What a joke. Why should I pay back the money I borrowed based on my strength?
Richard now has the latest news;
Russia's backward economy was not enough to support such a large-scale war. Two months after the war began, Russia began to borrow money from Britain and France.

In order to allow Russia to continue fighting the war, Britain and France still gritted their teeth and provided Russia with large amounts of loans even though they still owed huge debts to the Tang Empire.

no way

The entire government of the Tang Dynasty did not care about Tsarist Russia. The financial blockade policy had not yet been lifted, and private banking consortiums did not dare to issue war loans to Tsarist Russia.

If they violate the Tang Empire's foreign financial policies, these wealthy and oily Chinese financial consortiums will always face complete liquidation and be knocked back to their original shape in minutes.

With such a huge risk, no Chinese businessman dares to take a step beyond it.

At the beginning of 1915, the Russian government was actually bankrupt. In order to prevent the collapse of the Eastern Front battlefield, it tried its best to share the pressure of the German offensive on the Western Front battlefield.

Britain reluctantly agreed to provide a monthly credit line of 2500 million pounds to pay for Russian military orders.France also assumed part of the financial loan.

In the original world trajectory, until the end of World War 1

Britain loaned Russia 5.68 million pounds during the war, and France provided Russia with a loan of 35 billion francs during the war.This was a war funded by Britain and France and funded by Russia.

This is only government loans, and private loan sharks encouraged by Britain, France and other countries do not count.

The tsarist government was corrupt and incompetent, and its backward economy was simply not enough to support a war of this magnitude.

The total expenditure of Tsarist Russia in World War I was as high as 1 billion rubles, but the government's revenue was not enough to cover 470/1 of it. The domestic and foreign debts were as high as 10 billion rubles, most of which came from France.

In addition to borrowing heavily, Russia also responded to its huge fiscal deficit by issuing excessive amounts of banknotes. In the summer of 1915, the circulation of the currency rupee was 1914 times that of 10, which led to a sharp depreciation of the value of the rupee.

Richard witnessed with his own eyes Britain and France jumping into the big pit of Tsarist Russia. He kept silent anyway and watched helplessly as the huge wealth of Britain and France was lost, while the Tang Empire kept growing rich.

Why do you say that?

Because the governments of Britain, France and other countries had long been unable to make ends meet due to the huge amount of money spent during the war, they relied on government credit to raise funds from major financial institutions and private consortiums in the Tang Empire, including the extremely wealthy Royal Eight Funds.

The royal consortium headed by the Eight Royal Funds of the Tang Empire successively issued loans totaling no less than 33 billion Tang Yuan to Britain, France and other countries in just half a year.

Gold reserves from Britain and France are shipped to North America in large quantities. The most powerful Royal Oak Bank in the Tang Empire has a total gold reserve of more than 2170 tons. There are three other banks with gold reserves of more than 500 tons, and a total of 9 banks with gold reserves of more than [-] tons. bank.

Britain, France and other countries borrowed money from the major financial consortiums of the Datang Empire, and then used the money to purchase industrial and agricultural materials from the Datang Empire, which strongly promoted the economic growth and prosperity of the Datang Empire.

In the end, the money returned to the Tang Empire, and then the Datang Empire lent it to Britain, France and other entente countries, starting a new round of circulation, and so on.

This is like adding more firewood to the bonfire of the economic development of the Tang Empire, making the flames burn brighter and brighter.

How can you refuse such a good thing?

The Tang Empire had only one policy red line, which was to strictly prohibit the development of finance, industry and trade with Tsarist Russia. Comprehensive sanctions against Russia have never been lifted.

Richard had 100 reasons to stay away from this big pit.