Chapter 748: Lifting up the table
Chapter 731 Lifting the table
In order to get through the economic crisis, Austria took the lead in opening the valve of dumping. Starting in September, the amount of Austria’s foreign exports skyrocketed.
Agricultural products belonging to the immediate needs of the product, the price drop is not serious, most of them are 10%, 95% off promotions; daily textile products prices fell a little fierce, seven or eight discounts is a common phenomenon, the price of the waist chopped in the minority.
By this time, profit is not important, the slow-moving goods sold, for cash flow is the king.
Don’t move, don’t know, a move the next jump. Looking at the daily surge in export trade volume, Franz are alarmed.
Austria is the world’s first industrial power, but also the world’s first commodity backlog. After the Russo-Prussian War, it was not only the Berlin government that broke the contract, the Russians were no exception.
The war was over, and orders that had not yet been delivered, naturally, would not be honored.
In a sense, the Russians are also to blame for the fact that everyone is now so frantically lowering prices.
The Czarist government had broken the contract, and naturally the deposit could not be taken back. Undoubtedly, this money became the income of the enterprise and lowered the cost of goods.
The world is never short of smart people, the state-owned enterprises regardless of the cost of export price cuts in the first time to attract the attention of people who have a good head instantly realized that “the economic crisis is coming”.
In times of crisis, cash is king.
Looking at their own mountains of inventory, each one knows that the trouble is big.
There is no other way to say it, it is necessary to follow the trend. These days the market is still not transparent, the profits of enterprises are relatively high, and they are still able to preserve their capital with discount promotions now.
If the reaction is slow, once the economic crisis breaks out, buyers won’t be able to find them by then.
I don’t know whether there is someone to lead the rhythm, anyway, since September, most of the powerful enterprises in Austria have joined the ranks of developing overseas markets.
There’s nothing wrong with that, it’s all about developing overseas markets, and there’s no such thing as “dumping”.
Discounting is a way for companies to offer benefits to consumers. The main purpose is to expand market share, grab market share, are normal business behavior.
Large enterprises always have to be a little pursuit, can not be rich and satisfied, internationalization is an essential part.
This is the Austrian media, how many people believe, no one knows, anyway, the capitalists believe.
Especially listed companies are the most active, capitalists have jumped out to stand up and advocate the benefits of internationalization, hard to shareholders ……
Thanks to the establishment of the free trade system, in order to create favorable conditions for the Austrian goods “dumping”, the first to be hit is the European continent.
Facts have proved that these days, the bottom of the European people are really not rich. Discounted Austrian industrial products have just hit the market and are highly sought after.
A large number of foreign cheap goods influx, will naturally impact on the local market, pull hate is inevitable.
The dispute over interests is the most horrible, moving the cheese of the local capitalists, retaliation is inevitable.
While everyone was preparing to take action, the situation changed.
Not only did Austrian goods arrive, but also British and French goods, at least with “English” or “French” printed on their trademarks.
“Copycat” was a characteristic of the times, everyone was pirating each other, and more than half of the industrial and commercial products on the market were high quality imitations.
Patent protection is only effective in the country of registration, and many countries do not have patent laws, so open piracy is possible.
There is no doubt that British and French exports have not increased, there is something wrong with the extra products on the market, there is just no way to distinguish the authenticity of this stuff.
It’s all imported, and in this day and age of no internet and no surveillance, hell knows where it’s being shipped from.
The Austrian dumping also had the cooperation of the locals, and by wanting to take targeted action, they dragged Britain and France down with them.
Although it is said that the strong dragon does not suppress the snake, but accidentally killed the snake thing, but it is not uncommon.
Unless everyone immediately modifies the rules of the game and enters the patent era in advance, within the rules of the game, the government will step in to combat cottage products.
This is impossible, one’s own ass is not clean, how can one mess around?
According to the data released by the Austrian Information Newspaper, more than eighty percent of the capitalists in Europe are relying on “copycat” to start, more than ninety-five percent of the enterprises have patent infringement.
This is the inevitable result, the British industrial revolution than the European continent much earlier, the first industrial revolution in most of the technology is born from Britain.
People have finished the road, as a latecomer, want to develop industry, not copying is simply impossible.
The second industrial revolution shifted to Austria, the original “cottage” country, instantly entered the patent era.
There is no choice, we have to continue to copy ah! Do not copy, re-open a path to spend a huge cost, not to mention, the key is not necessarily successful.
“Patent protection” is actually a means of shearing sheep.
After the establishment of the free trade system, we can freely circulate goods, with a large number of patented technologies in the United Kingdom and Austria, the two countries, naturally want to raise the banner of patent protection.
Their own goods go out unimpeded, other people’s goods because of patent infringement, directly blocked outside the country.
The nature of the world is: who makes the rules of the game, who will be able to take advantage of the competition.
The free trade system, which looks very fair on the surface, is actually a tool for Britain and Austria to plunder wealth from the outside world.
This is an open secret, and apart from being able to fool the general public, the upper classes are well aware of the nature of free trade.
Knowing that, everyone is still powerless to change it. Maybe all the countries together can push back the free trade system, but no one is willing to be the leader.
It’s not that they don’t want to, it’s mainly because they don’t dare. Britain and Austria can not and all the countries as enemies, but killed the leader of the kill the monkey to make an example of the chicken, or can be easily accomplished.
Theoretically, the most promising candidate for this role is France, but unfortunately, the Paris government did not block the sugar-coated shells and fell early.
Three big countries dominate the world’s political pattern, is the price of the British and Austrian two countries, refused is the anti-French alliance to serve.
Next is the Russian Empire, geopolitical reasons, as long as the tsarist government does not die, who can not help them.
Unfortunately, the call of the Russians is too low, empty name of a great power, but the actual influence is limited to the Eurasian continent.
This strength is determined by the Russian navy has been behind an era, only rely on the army to support the status of great powers. Apart from their neighbors, they could not influence any other countries.
Competition in the marketplace has become much more brutal as a result of the Great Dumping. Clever capitalists have reacted by joining in the discount sale.
The capitalists who can’t afford to cut their meat and choose to carry on dead, are falling into the abyss.
The first to be unable to hold out was the Kingdom of Prussia, which lost a large part of its territory and suffered a heavy blow to its domestic industry and commerce as a result of the war.
It was already struggling, and before it had time to take a breather, it was affected by the Austrian dumping, and the small and medium-sized enterprises could not hold out first.
Since November, layoffs, bankruptcy and debt collection have become the hottest topics in the Kingdom of Prussia.
In front of the Royal Palace in Berlin, a large number of protesting people have gathered.
The capitalists, no doubt, are raising the banner of “debt collection” to demand payment from the Berlin government.
This is a legacy of the war, when too much money was printed, but if the war had been won, this would not have been a problem.
Unfortunately, the Kingdom of Prussia lost the war, and a large number of marks returned, coupled with the short selling of capitalists, the mark depreciated rapidly after the war.
Before the war 1 mark could buy 2 kilograms of good quality bread, now 1 kilogram of the worst quality black bread cost 7 marks, this was just the beginning, the purchasing power of the mark continued to decline.
Having determined that the large value of the mark could not be defended, the Berlin government made a crackpot decision and attempted to pay off its internal debt by printing money.
Naturally, the capitalists refused and demanded that the government make up for the losses caused by inflation. Instead of quantifying the mark, people now demanded that it be converted in gold.
Some even rejected the mark outright and demanded that the Berlin government pay pounds, guilders or gold.
Such demands, naturally, were rejected by the Berlin government.
The Berlin government itself is poor, did not declare financial insolvency, reneged on the debt, already has the temperament, but also refused to accept the mark how is this possible?
The crowds of protesters outside now are capitalists who are not willing to lose their interests and are mobilizing.
Protests, has been with the wind into the Berlin Palace, Frederick III grimly asked: “check it out, are what people in the ghost?”
Prime Minister Leo von Caprivi replied with a bitter smile, “Your Majesty, the situation is very serious, nearly half of the country’s big capitalists are involved, and all interest groups.
It is said that they are also preparing to set up a debt collection committee to specifically work against the government. In order to force the government to give in, they are preparing to organize a large-scale strike in the near future.”
Hearing this answer, Frederick III had a headache.
“The law is not responsible for the masses” doesn’t mean that the law can’t hold the masses accountable for their crimes, but the main reason is that the impact is too great, and it will affect the stability of the country if they are held accountable.
After hesitating for a while, Frederick III sighed: “It seems that our persuasion has failed. The capitalists want the government to pay for their losses, but who will pay for the government?”
No one was paying, which meant the door to compromise was closed. The Berlin government could not afford the huge debt and had to devalue its currency to get through the crisis.
The rapid devaluation of the mark, in addition to the massive return of previously issued currency, which caused inflation, and the shorting of the mark by capitalists in the financial markets, the Berlin government’s massive printing of money was also an important factor.
If you can’t solve the problem, solve the person who created the problem. This is the general law of the world, deep down Frederick III has already made the intention of overturning the table.
Capitalists may be strong in the future, but now it is not their turn to reign supreme. Originally, they were only prepared to take the Jews, but now they can only be expanded.
Push the book “Li Tai’s Great Tang”, Gu Jun big disaster not die to wear to the Great Tang ZhenGuan sixteen years, become the height of one eighty weight two eighty big fat Li Tai. The Great Tang is a prosperous and splendid place, but it is Li Shimin’s Great Tang, Li Zhi’s Great Tang, and the Great Tang of fireworks and splendor, and the Great Tang has fallen to pieces. I “Li Tai” want to live, want to open the peace of the world for the Great Tang, we have to defeat Li Chengqian pick up Li Zhi, until the takeover of the miles of beautiful rivers and mountains, to create my Li Tai’s Great Tang!
(End of chapter)