Chapter 970 High Risk
Insider trading in front of and behind the scenes continued, and the casualty report of the European War was finally released. There is no doubt that both sides of the war suffered heavy losses, and the war was the worst in history.
According to the Vienna government, the war directly caused the population of the European continent to drop by more than 12 million. Except for the four million or so left by immigrants, the rest died in the war.
Statistical data:
Among them, 2.377 million soldiers and 1.92 million civilians died in the anti-French alliance. The specific data are as follows:
Austria: 742,000 soldiers killed, 28,000 civilians killed; (including colonial wars)
German Confederation: 582,000 soldiers killed, 587,000 civilians killed;
Belgium: 273,000 soldiers were killed and 556,000 civilians were killed;
Spain: 21,000 soldiers killed; (ignoring civilian deaths)
Switzerland: 6,000 soldiers killed in action; (ignoring civilian deaths)
Kingdom of Sardinia: 176,000 soldiers were killed and 465,000 civilians were killed; (including guerrillas and local insurgents)
...
France: 3,206,000 soldiers died, including 1,368,000 colonial legions, 417,000 Italian soldiers, 1,421,000 native soldiers, and 886,000 civilians. (including civil war)
Looking at the cold data in his hands, Franz sighed. In addition to the slightly shorter duration, the ferocity of the war did not weaken the battle of the original time and space.
In particular, the number of civilian casualties far exceeded that of the first battle in the original time and space. In addition to the wide spread of the warring area, the more important thing is the expulsion.
Even if the Vienna government took the rescue action for the first time, it could not reduce the death rate by much.
The old, the weak, the sick and the disabled can't stand the toss, and many people who are not strong enough have fallen on the way to escape, and it is simply too late to receive help.
Only the number of civilian deaths in continental Europe is counted. If the civilian deaths in the upper colonies are counted, the final number may be doubled.
With so many deaths, not to mention casualties. Because the number of casualties can be accumulated, repeated statistics are prone to occur. Anyway, it is impossible to be accurate, and the Vienna government is too lazy to spend this time.
After a while, Franz said with emotion: "From the current situation, France is basically abolished! If there is no accident, they will not want to recover for 30 years."
From any point of view, the current situation of the French is even worse than the original time and space.
Although they also suffered heavy losses in the First World War in the original time and space, France was a victorious country and received the war dividend, and neither the colonies nor the mainland suffered losses.
It is different now. Not only have they suffered heavy losses, but they have also lost all their fortunes. What awaits them will be a long debt repayment career.
Even if it wants to follow the example of Germany's rebirth, France does not have the capital to revive. Not to mention the collapsed economy in the country, and more importantly, they don't even have a revival population.
As the protagonist of the European War, France's population loss is not small. The number of direct deaths alone is as high as more than two million, and the number of disabled people is not expected to be much lower than this. When migrants leave, the number is even greater.
With empirical estimates, Franz can conclude that there will be a fault in the labor force in France, especially the sharp shortage of male labor force.
These problems cannot be solved, and France's population will fall into negative growth for a long time to come.
Just look at the Russians next door. It was originally the country with the largest birth rate in the European continent. As a result, after several wars, the birth rate dropped rapidly and even experienced negative growth for a time.
The woolly bear can recover in just a few years, that is because the Russians are highly motivated to give birth, and the French people are not keen on creating humans.
If the economy fails, it is estimated that the birth rate of post-war France will hit a record low.
The population growth rate of France after the First World War in the original time and space is very informative, and it has increased by more than one million people in 20 years. After deducting the population growth brought about by immigration, France's population growth rate is directly negative.
In the era of Industry 2.0, if there is a shortage of labor, don't think about it. Austria is able to become the world's No. 1 economic power, relying on a population that far exceeds its competitors.
If Austria, like France, fell into a population bottleneck in the nineteenth century, no matter how hard Franz tried, he would not be able to make a great empire.
"The French still have some wealth, and as long as the war is over, they will keep it going.
The worst now is Belgium and the newly independent Italian states, whose economies have completely collapsed in the war, and they are a complete mess.
If it wasn't for our support, they would have been hungry long ago. Reviving the economy will be as difficult as another continental war. "
It can be seen that Prime Minister Carl is now very headache. When fighting, it is naturally better to have many allies, and it is definitely cheaper to swarm together than to fight alone.
When the war was over, things were different. In any case, everyone has squatted in a trench. We carried guns together and shed blood together. The younger brother couldn't get on with it and came to ask for help.
It's okay to pull a hand, the key is that it can't be pulled up with just one hand. The wounds left by the war are too great, whether it is Belgium or the Italian states, now they are all poor.
When can we be self-sufficient, the question
who can't answer. Anyway, you don't have a few years of hard work, so don't want to take it easy.
As the biggest victor of the war, the outside world only saw the scenery of Austria, and no one knew that the Vienna government was very poor.
Although the war was over, the debt of the Austrian government was still rising sharply. Money is needed for domestic aftermath work, money is needed for rebuilding the Rhineland region, money is still needed for reunification of the German region, and money is still needed for supporting the younger brother.
If not for the title of "overlord", the capital market's confidence in the Austrian government has risen to an unprecedented level, and the Vienna government is now not far from a financial crisis.
Franz rubbed his forehead: "You can't give money directly. The war is over, they must learn to be independent. After the Vienna Peace Conference is over, they will showdown with them.
If you want to get money, follow the rules of the market. We can issue bonds for them or for them, but the interest is determined by the market. "
In fact, Austrian aid is never free. However, compared with the capital market, the funds provided by the Vienna government are the highest conscience of capital.
"Interest-free loans", with no additional conditions, can no longer find such conscientious creditors in the world.
But this "conscience" is time-limited. In order to attack the French during the war, the Vienna government was naturally full of "conscience". Now the war is over and the "conscience" has been consumed.
Frankly speaking, if it weren't for the fact that there were too many tickets printed before, and worries about the repayment ability of various countries, it would be fine to continue to issue interest-free loans.
After all, what is lent out is Aegis, not gold. Since the Aegis is taken, then the post-war reconstruction of various countries cannot be separated from Austria.
Through trade, most of this money will still be returned to promote Austria's economic development, and the Vienna government is not at a loss.
It is a pity that during the war, the Vienna government has already started the money printing machine, and now there is some excess of Aegis in circulation on the market.
Playing like this again is obviously out of time. If there is a problem in any link, inflation is a matter of minutes.
In order to stabilize prices and the value of the Aegis, the Vienna government had to find a way to recycle the excess banknotes on the market, such as issuing bonds.
In this context, the debt of the Vienna government is naturally increasing day by day. However, compared with the currency hegemony of SHIELD, this price is not worth mentioning.
After all, there is still a competitor - the "pound", and it is far from the time to act recklessly.
Economy Minister Reinhardt reminded: "Your Majesty, the current intelligence is very special. Because of the war, the outside world is skeptical about the repayment ability of the governments of Belgium and Italy.
In addition, the French debt default and the German federal debt default that just broke out have stimulated the capital market, and the market as a whole is now in a cautious state.
They cannot get financing in the capital market unless we provide them with credit guarantees.
The risks here are very high. According to the analysis of the data we have collected, the probability of debt default by the states of Belgium and Italy is as high as 90%. "
He was well prepared and knew that this was a high-risk transaction. But after hearing the "90 percent probability of default", Franz was still taken aback.
Gambling is not like this, no wonder no one cares about it in the capital market.
Austria provides guarantees, and the probability of default is as high as 90%; if it is replaced by an ordinary financial institution, the probability of default is not 100%.
After a little hesitation, Franz decided to take the risk. After all, they are all allies, and the Vienna government can't watch them die!
If these little brothers are finished, and they support them again, who can guarantee that the new government will continue to implement the pro-Austria policy. In case of being fooled and run away by the British, Austria's losses will be great.