Austria benefits the volatility in money market, but also calculates in the controllable range. Everyone was clear that suddenly Austria Union has not burst, even if the Russia person repudiates a debt, should still depend on the ally finally. 奥地利金融市场的动荡,还算在可控范围之内。大家清楚俄奥同盟还没有破裂,就算是俄国人赖账,也会最后赖盟友的。 Now suddenly Austria negotiations reached the impass, to a certain extent, is a good news. Some discussed, always compared with not result in reaches an agreement. 现在俄奥谈判陷入了僵局,某种程度上来说,也算是一个好消息。有的谈,总是要比没得谈好。 Before then, the Russia person already and many national communications were fruitless. Many financial institutions were cried by the pit, the capitalists were forced to choose escaping. 在此之前,俄国人已经先后和多个国家沟通无果。不少金融机构都被坑哭了,资本家们被迫选择了金蝉脱壳。 And affects in a big way by Paris and London two money markets, do not think that was the enemy has not loaned. In the face of the benefit, the capitalists do not care with anybody cooperate. 其中以巴黎和伦敦两个金融市场影响最大,不要以为是敌人就没有贷款了。在利益面前,资本家们是不在乎和任何人合作的。 The Russia person makes the mortgage loan at the grain income of exit|to speak, beforehand everyone did not worry the Tsar government will break a contract. So long as the grain of Russia person sold, they can receive money. 俄国人以出口的粮食收益做抵押贷款,事先大家根本就不担心沙皇政府会违约。只要俄国人的粮食卖了进来,他们就可以收钱。 However plan without changing quickly, with loss of Northern European Lowlands granary, in addition the civil war hit to spend the Moscow area, now the Russia person absolutely would have no many grain exports. 然而计划没有变化快,随着波德平原粮仓的丢失,再加上内战打费了莫斯科地区,现在俄国人根本就没有多少粮食出口。 Opens up wasteland greatly is the physical strength lives, dry/does many naturally must eat a lot, increased to the grain demand similarly. 大开荒是体力活,干的多自然也要吃得多,对粮食需求量同样也增加了。 Erupts to start from the Prussia war, the Russia person stops exporting the agricultural product to UK , France, even the midway also once benefitted the grain import from Austria. 从普俄战争爆发开始,俄国人就停止向英法出口农产品,甚至中途还一度从奥地利进口粮食。 The Russia person withdrew from the grain export market, some share natures were given others to seize. The so-called grain export income mortgage, turns into a joke now. 俄国人退出了粮食出口市场,这部分份额自然被人给别人占领了。所谓的粮食出口收益抵押,现在也就变成了一个笑话。 Counted on that the Russia person by selling the grain renders back the money, might as well said that was the Russia person lost the market, in the future will want to go back to the market, wanted them to help open the sale. 指望俄国人靠卖粮食还钱,还不如说是俄国人丢失了市场,未来想要重回市场,要他们帮忙打开销路。 Otherwise, the grain cannot sell, repays a debt with what? 要不然,粮食销售不出去,拿什么还债？ According to the current situation, the Russia person in 2-3 years is unable to go back to the international market. The investors not possible is so long, the capitalists naturally accompany the Russia person to play. 按照目前的情况,俄国人2-3年内是无法重回国际市场。投资者们不可能等那么久,资本家们自然陪着俄国人玩儿。 Announced the enterprise to go bankrupt directly, these losses passed the burden on the general public. Waited for these bonds to fall into the valley, they can also control the waistcoat to receive again, waits to pursue the debt to the Russia person in the future. 直接宣布企业破产,这些损失就转嫁到了普通民众身上。等这些债券跌到了谷底,他们还可以操控马甲再次收回来,等着未来向俄国人追债。 Naturally, pursues the debt is likely. Individual strength and compared with a country, this disparity is very big, even the financial group is not willing with Russian Empire such great nation to. 当然,追债的可能性非常小。个人的力量和一个国家相比,这个差距还是非常大的,即便是财团也不愿意和俄罗斯帝国这样的大国对上。 Does not have the government to act, these issues are very difficult to be solved. Only then thinks that both sides bad international relations, everyone knows to be hopeless. 没有政府出面,这些问题是很难解决的。只有想想双方糟糕的国际关系,大家就知道没戏。 Limits the grain of Russia person to enter, this looks very good. However, in the face of the benefit, the capitalists does not have the moral integrity. 限制俄国人的粮食进入,这看上去很不错。然而,在利益面前,资本家们是没有节操的。 So long as the Russia person is willing to cut the price, UK , France want internal grain capitalist to coordinate the grain to transport. Arrived the market, who knows that these grain, are actually from where? 只要俄国人肯降低价格,英法要内部的粮食资本家就会配合把粮食运进去。到了市场上,谁知道这些的粮食,究竟产自哪里呢？ If were not the economic crisis just passed, monetary disturbance that now UK , France erupt, detonated an economic crisis sufficiently. 如果不是经济危机刚刚过去,现在英法爆发的金融动荡,又足以引爆一次经济危机。 The telegram pulled closer the life distance of people, happening in the monetary disturbance of London and Paris, passed to Vienna quickly. 电报拉近了人们的生活距离,发生在伦敦和巴黎的金融动荡,很快传到了维也纳。 Large-scale market volatility happened, the speculators could not do again, rather the violation must cash the suddenly debt in hand ahead of time. 更大规模的市场动荡发生了,投机者们再也做不住了,宁愿违约也要提前兑付手中的俄债。 The securities company opened the violation cashing window in abundance, the rich country securities purchased the Russia bond in the low price, comforted the people, now Austria benefitted is also lively. 要不是证券公司纷纷开放了违约兑付窗口,富国证券又在低价收购俄国债券,安抚住了民众,现在奥地利也热闹了。 Take Paris for instance, at least 180,000 people participated protested demonstration that the Russia person broke a contract. 以巴黎为例,至少有十八万人参加了抗议俄国人违约的游行示威活动。 Normally, the person who Paris purchases the Russia bond absolutely does not have so many, even if the family member does not have in addition. 正常情况下,巴黎购买俄国债券的人绝对没有这么多,就算是加上家属也没有。 Those who made Franz surprised was the New York street also performed this, it seems like American also by Russia person pit a wave. 令弗朗茨惊讶的是纽约街头也上演了这一幕,看来美国人也被俄国人坑了一波。 The fact once again showed, makes the ally with the Russia person risky. US and Russia have not formed an alliance with enough time, the Americans were passive the move. 事实再次证明,和俄国人做盟友是有风险的。美俄都没有来得及结盟,美国人都被动中招了。 Pit most miserable is not the securities company, but is the bank that continues the Tsar government loan. How the bond of Russia person said that is also in the national debt one that is difficult to sell, this sales volume is always very touching. 坑得最惨的不是证券公司,而是承接沙皇政府贷款的银行。俄国人的债券怎么说也是国债中最难卖的一种,这个销量向来很感人。 Around the world, can sell 100,000,000-200,000,000 aegises, reached the limit. Even if there is a pit, still everyone pit not. 全世界范围内,能够销售出去100,000,000-200,000,000神盾,就到了极限。就算是有坑,也把大家坑不到哪里去。 The bank loan was different, the money of loaning although is a depositor, that is also the bank own bad account. 银行贷款就不一样了,贷出去的钱虽然是储户的,那也是银行自己的坏账。 Right, the Tsar government truly mortgaged at sixes and sevens one pile of tax revenues, now the Russia person does not plan to cash. 没错,沙皇政府确实抵押了乱七八糟的一堆税收,现在俄国人不打算兑现了。 The Tsar government played the rascal, making creditors levy taxes. No creditor such iron, dares to go to Russian Empire to go to collect taxes. 沙皇政府耍起了无赖,让债主们自己去征税。没有哪个债主这么头铁,敢跑到俄罗斯帝国去自己收税。 Not to mention can receive the tax, even if really received the tax, can safe carrying off? 且不说能不能收到税,就算是真的收到了税,能够安全的带走么？ The test went mad because of poverty matter that the Tsar government moral integrity, this doing dies, no one wants to attempt. 考验穷疯了的沙皇政府节操,这种作死的事情,没有人想要尝试。 In the face of the high interest, the bank has not resisted the seduction. Is always thinking the Russia person has joined the civilized world, will obey the game rule. 在高额的利息面前,银行没有抵御住诱惑。总想着俄国人已经加入了文明世界,就会遵守游戏规则。 Neglects the Tsar government only, once went mad because of poverty, that is anything does, now they pay the deeply grieved price for this reason. 唯独忽略沙皇政府一旦穷疯了,那是什么事情都干得出来的,现在他们就为此付出了惨痛的代价。 The securities company can escape, can't the bank follow to study the type? Cost of investment of both sides is completely not one and other magnitudes, the brought social influence is also infinite variety. 证券公司可以金蝉脱壳,银行总不能跟着学样吧？双方的投资成本完全不是一个等量级,带来的社会影响力也是千差万别。 The customers of this age securities company are not many, basically is the middle class starts, has not arrived at a full avenue pull people to sell the finance product the situation. 这个年代证券公司的客户不多,基本上都是中产阶级起步,还没有到满大街拉人推销理财产品的地步。 Even if went bankrupt, affects still such thousand son 800 people, can have over ten thousand customer that are the Archduke departments. 就算是破产了,影响的也就那么千儿八百号人,能够拥有上万顾客那就是大公司。 Was not everyone bought the bond of Russia person, even if went bankrupt, the brought social threat was not big. 又不是所有人都买了俄国人的债券,就算是破产了,带来的社会威胁也不大。 The bank was different, is not high to the standard of depositor. Their client bases are much bigger, once announced the bankruptcy, was very easy to have the bad social impact, caused the intervention of government. 银行就不一样了,对储户的标准可没有那么高。他们的客户群体要大得多,一旦宣布破产,很容易造成恶劣的社会影响,引起政府的干预。 This loss, although is big, has not actually been in the situation that wants everyone to assign/life. Starting a bank is easy, must establish the prestige to win over the depositor is not easy, cannot easily give up. 况且,这次的损失虽然不小,却还没有到要大家命的地步。创立一家银行容易,要建立信誉拉拢储户可不容易,不能够轻易放弃。 The present is the aristocrats final years, is the years of capitalists not to arrive completely, besides two US, the majorities of countries is the aristocrat has the dominant position. 现在是贵族们最后的时代,属于资本家们的时代还没有完全降临,除了两个美国之外,大部分国家都是贵族占主导地位。 No exception including UK , France, is the aristocrat suppresses the capitalist. But their advantages are not very distinct, is different benefits, Russia and Prussia from Austria, this type was dominated the government by the aristocrat completely. 包括英法也不例外,都是贵族压制住了资本家。只不过他们的优势不够明显,不同于奥地利、俄罗斯、普鲁士,这种完全由贵族把持了政府。 Met the large bad account, the bank wants to cut back the money market inevitably some time, to deal possibly run crisis of eruption. 遇到了大额坏账,银行不可避免要在一段时间内收缩银根,以应对可能爆发的挤兑危机。 This to wanting to raise the fund the securities company, without doubt has one misfortune after another. 这对想要筹集资金的证券公司来说,无疑是雪上加霜。 In Wells Fargo, Feilibote roared: „What? 2% monthly interest, how don't you snatch?” 在富国银行内,菲利波特咆哮道:“什么？百分之二的月息,你们怎么不去抢？” It is not a passer-by, not on a ship. Feilibote has the bank of stock, similarly fell into to the suddenly debt crisis, now is busy protecting oneself absolutely does not have the ability to save him again. 不是一路人,不上一条船。菲利波特持有股份的银行,同样陷入了对俄债务危机中,现在忙着自保根本就没有能力再救他。 Had no recourse, arrived at Wells Fargo. Without other reason, is Wells Fargo has not mainly continued has loaned to very soon, simultaneously it is Austria benefits one of the four big banks, the fund is powerful. 迫不得已,来到了富国银行。没有别的原因,主要是富国银行不曾承接过对俄贷款,同时它还是奥地利四大银行之一,资金实力雄厚。 Saying that customer manager Albert is without turning a hair: „Sorry, Mr. Feilibote. This is the high risk loan, we must add on the fund the venture capital.” 客户经理艾伯特面不改色的说道:“抱歉,菲利波特先生。这是高风险贷款,我们必须要加上资金的风险成本。” A high risk loan, making Feilibote as if awakening from a dream, quickly asked: „Is must provide according to the loan amount 10% discount, and repays principal and interest monthly, even can also deduct the first year the principal and interest and?” 一句高风险贷款,让菲利波特如梦初醒,急忙问道:“是不是还要按照贷款额度九折发放,并且还是按月还本付息,甚至还要扣除第一年的本息和？” Customer manager Albert smiles saying: „Yes, Mr. Feilibote. Never expected that you knew about the banking industry, you had also gone to other bank before?” 客户经理艾伯特微笑说道:“是的,菲利波特先生。没有想到你对银行业这么了解,难道之前你还去过别的银行？” Although Feilibote in the surface does not reveal, has scolded at heart. Own good and evil is also a shareholder in bank, how can this cheating repertoire not know? 菲利波特虽然面上不显,心里早就骂开了。自己好歹也是一家银行的股东,这种坑人的套路怎么会不知道呢？ But saw these repertoires initially time, Feilibote also very happy, after all is used for pit others, now was one's turn oneself situation to change. 只不过当初看到这些套路的时候,菲利波特还非常的高兴,毕竟是用来坑别人的,现在轮到了自己情况就发生了变化。 According to a series of repertoires operates, can receive the loan 60% money, that is God blesses. 按照一系列套路操作下来,能够拿到贷款度百分之六十的钱,那都是上帝保佑。 If the luck is not good, gets one to rebate directly, can only attain to loan half of funds, is the normal condition. 要是运气不好,直接打上一个对折,只能拿到贷款一半的资金,也是正常情况。 Succeeded in obtaining the fund to be short actually, but the debt principal and interest must according to agreeing the sum total repayment, being short of one shilling was not good. 实际到手资金少了,可是债务本息仍然要按照约定全额偿还,少了一个先令都不行。 Feilibote did not return had/left the front door directly, this taking advantage usury he, if borrowed, it is estimated that in the future must work for Wells Fargo. 菲利波特头也不回就直接出了大门,这种趁火打劫的高利贷他要是借了,估计未来就要替富国银行打工了。 With it so, he might as well the bond sell in hand, leveraged from the rich country securities hand, passed this crisis. 与其如此,他还不如将手中的债券出售,从富国证券手中套现,度过这次危机。 Thought of here, Feilibote was more depressed. Seeming like the rich country securities is also Wells Fargo's affiliated subsidiary company, how unable to avoid. 想到了这里,菲利波特更加郁闷了。貌似富国证券也是富国银行旗下的子公司,怎么都避不开了。 As for going to other banks, did not need a dream. Feilibote had visited more than ten large banks, the condition that everyone gives is mostly the same except for minor differences. 至于去其它银行,还是不用做梦了。菲利波特先后已经造访了十几家大型银行,大家给出来的条件都是大同小异。 Taking advantage time, the bank is the same countenance. This cannot the entire strange bank, possibly have the situation of run crisis, provides the risk coefficient of loan considerably to increase outward, the interest naturally also increased. 趁火打劫的时候,银行都是一样的嘴脸。这也不能全怪银行,在可能出现挤兑危机的情况,对外发放贷款的风险系数大大增加,利息自然也增加了。 As for so-called interest rate several point loans, exists in merely theoretically. In actual operation, besides policy-related loan, otherwise such low interest, the bank is very difficult to accept. 至于所谓的利率几个点贷款,仅仅只是存在于理论上。在实际操作上,除了政策性贷款外,不然这么低的利息,银行是很难接受的。 Things have gotten to this point, naturally can only shear the meat. Feilibote unmet need is not too big, so long as the sell switches hands the suddenly debt, can pass at present. 事已至此,自然是只能割肉了。菲利波特的资金缺口不算太大,只要出售掉手中的俄债,就可以度过眼下这一关。 As the matter stands although his loss is serious, but the risk actually reduced. If passed the crisis by the loan, in the hand holds the massive value unknown bonds, if suddenly Austria negotiations failure, he must go bankrupt. 这样一来他的损失虽然惨重,可是风险却降低了。要是靠贷款度过危机,手中持有大量价值未知的债券,万一俄奥谈判失败,他就要破产了。 The person who makes the similar choice also has, basically is the capital strength is not very abundant, under the crisis of life and death, has to conduct to shear the meat. 做出同样选择的人还有很多,基本上都是资金实力不够雄厚的,迫于生死存亡的危机,不得不进行割肉。 Schonbrunn Palace, looks at the suddenly debt in the hand unceasingly increasing, the palace Mila Beslon whole person is not good. 美泉宫,看着手中不断增加的俄债,宫相米拉贝隆整个人都不好了。 Right, this is the trumpet that Franz tosses about. Unexpected that somewhat but develops, becomes Austria to benefit one of the four big banks. 没错,这又是弗朗茨折腾出来的小号。只不过发展的有些出乎意料,成为了奥地利四大银行之一。 Looks at one another in Mila Beslon palace, this is a high venture capital, currently the Vienna government simply does not have the means Russia to carry out the contract completely. Now purchases the suddenly debt, the possibility that the short time can cash is almost zero. 在米拉贝隆宫相看来,这是一笔高风险投资,目前维也纳政府根本没有办法让俄国人完全履行合同。现在收购俄债,短时间能够兑付的可能性几乎为零。 If on ten years eight years, that owed sends greatly. The time cost of fund, needs to consider to go. 要是等上十年八年,那就亏大发了。资金的时间成本,也是需要考虑进去的。 The Franz comfort said: „ Palace, don't worry. These bond Russia people will cash, but does not cash in our hands. 弗朗茨安慰道:“宫相,不用担心。这些债券俄国人会兑付的,只不过不是在我们手中兑付。 Now with low price purchase then, when receives was similar, we buy back to meet Russian Empire. Russia that group of aristocrats will not mind makes a small wealth. 现在低价收购即可,等收的差不多了,我们就返销会俄罗斯帝国。俄国那帮贵族们是不会介意发一笔小财的。 At the worst our half price sold to them, that is also a time of profit. Attained these bonds, this group of aristocrats will not mind takes away to charge against the tax money. ” 大不了我们半价卖给他们,那也是一倍的利润。拿到了这些债券,这帮贵族们是不会介意拿去冲抵税款的。” This move can only use one time, once the Russia person were prepared, after legislating to forbid the bond deducting tax money, that really must unable to sell. 这种招数只能用一次,一旦俄国人有了准备,立法禁止了债券抵扣税款后,那就真得卖不出去了。 When the Tsar government will cash in the future, this time at least is ten years later, and was unable to guarantee sum total cashing. Such long time, how others think that Franz does not know, in any case he was. 等沙皇政府未来兑付,这个时间至少是十年后,并且还不能够保证全额兑付。这么长的时间,别人怎么想弗朗茨不知道,反正他是等不了的。 Listened to the explanation of Franz, the palace Mila Beslon to fall into the delay, this exceeded his imagination completely. 听了弗朗茨的解释,宫相米拉贝隆陷入了呆滞,这完全超出了他的想象。 Originally he also thinks, Franz has the straight tip, can use the human relations, making the Tsar government first cash this debt. 本来他还以为,弗朗茨有内幕消息,可以利用人脉关系,让沙皇政府优先兑付这笔债务的。 Greedy of method so crude, direct utilization aristocrats solved the problem unexpectedly. 没有想到,手段居然是如此的粗暴,直接利用贵族们的贪婪解决了问题。