In an instant, in 1894 arrived at the last act. Was in debt for a long time Vienna government, finally got out of the financial deficit in this year. 转眼间,1894年又到了尾声。亏空了许久的维也纳政府,终于在这一年摆脱了财政赤字。 What is awkward, making the Vienna government get out of the financial deficit the primary cause: It is not the economic development tax revenue increases, instead is ultra sends the currency. 令人尴尬的是,让维也纳政府摆脱财政赤字的主要原因:不是经济发展税收增加,反而是超发货币。 By the European alliance joint endorsement, the Vienna government surpassed sent 1.2 billion aegises, at this moment is flowing in the market slowly. 凭借欧陆联盟联合背书,维也纳政府超发了十二亿神盾,此刻正在缓缓流入市场中。 Although these money must with everyone minute/share, be with as usual Vienna government of big end. Preliminary estimate, after deducting the cost of printing and benefit divides the booty, was the seigniorage income of Vienna government still to reach as high as 780 million. 尽管这些钱要和大家分,可是拿大头的仍然维也纳政府。初步估计,在扣除印刷成本和利益分赃之后,属于维也纳政府的铸币税收入仍然高达7.8亿。 Compared with the normal season, one year of financial revenue are many. If there is not been able to turn losses into profit, that could not really be justified. 比正常时节,一年的财政收入都要多。要是还不能扭亏为盈,那就真说不过去了。 Alliance endorsement, but stabilized the aegis currency value, the adverse impact that but the currency ultra hairlace comes remains. 联盟背书,只是稳定了神盾币值,但货币超发带来的恶劣影响仍然存在。 According to the statistics of Vienna government, the domestic inflation rate will reach as high as 3 points this year. This is ultra sends the result that the currency has not all flowed, otherwise the inflation will be fiercer. 根据维也纳政府的统计,今年国内的通货膨胀率将高达三个点。这还是超发货币没有全部流出去的结果,要不然通货膨胀还会更加厉害。 If puts in the later generation credit standard time, 3 points inflation rates are not the matters, 78 points inflation sometimes happen. 如果搁在后世信用本位时代,三个点的通胀率根本就不算事,七八个点的通胀都时有发生。 The entire world is having the inflation, without the inflation is the news. Even the countries of over double-digit, are keeping the inflation rates of double-digit all the year round. 全世界都在发生通胀,没有通胀才是新闻。甚至有超过两位数的国家,长年保持着两位数的通胀率。 Now is but different, the gold standard time inflation rate is minimal. Besides 16, the 17 th century gold and silver flooded into massively presents a wave of inflation, after entering the industrial age, rarely presented the big inflation. 可是现在不一样,金本位时代通胀率微乎其微。除了十六、十七世纪金银大量涌入出现一波通胀外,进入工业时代之后,就很少出现大通胀了。 3 points inflation rates, have made the Vienna government high and low intense, for fear that causes the market collapse. 三个点的通胀率,已经令维也纳政府上下紧张不已,生怕引起市场崩溃。 To the national economy, the inflation enhanced the industrial production cost, obviously does not help the manufactured products exit|to speak. 对国家经济来说,通胀提高了工业生产成本,明显不利于工业产品出口。 If not for the Vienna government loaned a big aegis, was defined in the Holy Roman expense amount, now backlash in the exit|to speak industry. 若不是维也纳政府借出了一大笔神盾,又被限定了在神罗的消费数额,现在已经反噬到出口产业上了。 The advantages mutual promotion of the five elements, took such big risk, naturally has the corresponding income. 利弊相生,冒了这么大的风险,自然有相应的收益。 By this additional income, the Vienna government not only made up for the fiscal debt, but also started the loop line railroad project, repaid part of government debts while convenient. 凭借这笔额外收入,维也纳政府不仅弥补了财政亏空,还开启了环线铁路计划,顺便也偿还了一部分政府债务。 The most important thing is suppressed the revolutionary tide, contained the economic crisis to continue to expand, stabilized the European situation, held on to the position of European hegemon. 最重要的是压制了革命浪潮,遏制了经济危机继续扩大,稳定了欧洲局势,坐稳了欧陆霸主之位。 Had a look at this year's report form to know. Since the beginning of the year economic crisis eruption, had presented Franz to succeed to the throne the biggest economy to slide. 看看今年的报表就知道了。年初的经济危机爆发,出现了弗朗茨继位以来最大经济下滑。 In the first quarter, opens economic crisis, GDP slides compared with the same period last year 8.7 ; 第一季度,拉开经济危机的帷幕,GDP比去年同期下滑8.7; In the second quarter, the economic situation further deteriorates, GDP slides compared with the same period last year 12.8 ; 第二季度,经济形势进一步恶化,GDP比去年同期下滑12.8; In the third quarter, the measure that the government takes started to play the role, the economy had certain improvement, but GDP still dropped 10.8 compared with the same period last year ; 第三季度,政府采取的措施开始发挥作用,经济出现了一定的好转,但GDP比去年同期仍然下降了10.8; In the fourth quarter, European various countries achieve consistently, jointly start „turning on the water” bailout plan, but GDP still dropped 5.1 compared with the same period last year. 第四季度,欧陆各国达成一致,联合启动“放水”救市计划,不过和去年同期相比GDP仍然下降5.1。 The annual synthesis calculates, in 1894 the economy of Holy Roman declined 8.93. Has not topped 10 points finally, controlled the number in the units place in the slowdown points. 年度综合计算,1894年神罗的经济下滑了8.93。总算是没有突破十个点,在下滑点数控制了个位数。 Very regrettable, actual situation is more serious than this. The above data, integrates in the localized African territory the computation category, dilution slowdown proportion. 很遗憾,实际情况比这更加严重。以上数据,将已经本土化的非洲领土也纳入计算范畴中,摊薄了下滑比例。 Doing on large scale construction that if not for the aristocrat feudal lords in Africa are breaknecking, sustained the rapid economic growth, pull-up economic data, in 1894 the Holy Roman economic data was extremely absolutely touching. 若不是非洲地区的贵族领主们正在玩命的大搞建设,保持了经济高速增长,拉升了经济数据,1894年神罗的经济数据绝对万分感人。 Some light Europe, the GDP growth definitely to is double-digit, what a pity loses. The specific data is- 13.7, simply are shocking. 光欧洲部分本土,GDP增长速度决对是两位数,可惜是负的。具体数据是—13.7,简直就是骇人听闻。 Without the means that this is the war sequela. If the government does not take the counter measures promptly, this number even has the possibility to turn time directly. 没有办法,这就是战争后遗症。如果政府不及时采取应对措施,这个数字甚至有可能直接翻倍。 Big enterprise has lots of assets Holy Roman, now is so pitiful, other national natures are no better. 家大业大的神罗,现在都是如此凄惨,其他国家自然好不到哪里去。 Defeat France was needless saying that the sequela of war is still continuing. With words that pre-war compares, that was cuts in two at the waist cut in two at the waist again, then must hit a 20% discount. 战败的法兰西就不用说了,战争的后遗症还在持续。和战前相比的话,那是腰斩了再腰斩,接着还要打个八折。 don't said that repays the debt, can level everyday government expenses to be good. From Carlos high-rank, continuously anti-corruption until the present. 莫说是偿还债务了,能够抹平政府日常开销都不错了。以至于从卡洛斯上位,就一直反腐到现在。 According to the estimate of Vienna government, what in the economic crisis lost in 1894 is smallest was Armenia, maintained the economy to grow, although the agricultural national economic growth endured compared with the snail. 根据维也纳政府的估计,在1894年经济危机中损失最小的是亚美尼亚,保持住了经济正增长,尽管农业国家经济增长速度堪比蜗牛。 Together with is Montenegro of agricultural country, cannot escape. Although has not followed to lead to the economic crisis, but oneself economy was affected is too heavy by Holy Roman. 就连同是农业国的黑山,都没有能够逃过一劫。虽然没有跟着爆发经济危机,但自身经济受神罗影响太重。 The Holy Roman economic downturn, the Montenegro import-export trade is also greatly affected, because exits to account for the proportion is not big, the economy is only the small scope declines, the preliminary estimate will not fall over 1 percentage point. 神罗经济不景气,黑山的进出口贸易也大受影响,因为出口所占比重不大,经济只是小幅度下滑,初步估计下跌不会超过一个百分点。 Next is the Northern European federation and Holland, made a war wealth, in addition the itself family property is not weak, was far from other countries being heavy by the economic crisis influence. 其次是北欧联邦、荷兰,发了一笔战争财,加上本身家底也不弱,受经济危机影响远没有其他国家重。 However the two countries economy and Europe relate was too close, Europe leads to the serious economic crisis, they also can only the following noisy crisis. 不过两国经济和欧洲联系的太紧密了,欧洲爆发严重经济危机,他们也只能跟着闹危机。 Affected by the economic crisis, GDP slides, even if no 10 points, 89 points must have. After Holy Roman plasters the data, is seemingly similar. 受经济危机影响,GDP下滑纵使没有十个点,八九个点还是少不了的。和神罗粉饰后的数据,看起来差不多。 Again was Russian Empire. Without a doubt, the Russia person was gotten into the water by Holy Roman. 再然后就是俄罗斯帝国了。毫无疑问,俄国人是被神罗拖下水的。 The two countries economic liaison is too close, Holy Roman led to the economic crisis, the industrial material of Russia person also follows unsalable. The stock disaster, lay-off and bankruptcy, must have similarly. 两国经济联系太紧密,神罗爆发经济危机,俄国人的工业原材料也跟着滞销了。股灾、裁员、破产,同样是少不了的。 If only then these, that also can only calculate that the fine rain the economical labor pain, what a pity Poland and Bulgaria erupted the revolution, Central Asia's guerrilla forces also followed to join in the fun. 如果只有这些,那也只能算毛毛雨的经济阵痛,可惜波兰和保加利亚都爆发了革命,中亚地区的游击队也跟着凑热闹。 If the Tsar government takes the correct economy measures promptly, perhaps the situation will not be serious, what a pity their anything has not done. 如果沙皇政府及时采取正确的经济措施,或许情况不会那么严重,可惜他们什么也没干。 All factors added in one, finally the Russia person handed over one compared with the Holy Roman home slightly good answer paper, slid 78 points to have. 所有的因素加在了一起,最终俄国人交出了一份比神罗国内略好的答卷,下滑七八个点是少不了的。 Naturally, these are only the estimate of Vienna government, Tsar government do not count, the bystander was more difficult to make clear. 当然,这些只是维也纳政府的估计,沙皇政府自己都不统计,外人就更难搞清楚了。 Except that these are damaged are light, remaining has one is, the economy falls the growth is lost/carrying double-digit. 除了这些受损较轻的,剩下的有一个算一个,经济下跌增长都是负的两位数。 Even big enterprise has lots of assets Britain cannot be exceptional. As a financial empire, the bank and financial industry occupied the important proportion in the national economy. 即便是家大业大的不列颠也没能够例外。作为一个金融帝国,银行、金融业在国民经济中占据了重要比重。 Because postponed the crisis artificially, causing the market bubble to further increase. And inflation fiercest is the stock market, therefore after the economic crisis breaks out, Holy Roman and Britain became the rotten brother rotten younger brother directly. 因为人为延后了危机,导致市场泡沫进一步变大。其中膨胀最厉害的就是股市,所以经济危机爆发后,神罗和不列颠直接成了烂兄烂弟。 Post-war industrial unbalanced stock market bubble, caused the national economic crisis ; Ultra-large number stock market bubble, implicated the financial industry to follow to lead to the crisis, finally evolved the economic crisis. 一个战后产业失衡股市泡沫,引发全国性经济危机;一个超大号的股市泡沫,连累了金融业跟着爆发危机,最后才演变成经济危机。 Concrete loss big, Franz is unable to determine, but more than ten points must have. Otherwise sorry, „in human history biggest economic crisis” title. 具体损失有多大,弗朗茨无法确定,不过十几个点必须要有的。要不然对不起,“人类历史上最大经济危机”的称号。 Compared with the extremely tragic economic crisis, the small inflation naturally is not anything. As the economic situation recovers, this inflation was somewhat an eyesore. 和惨绝人寰的经济危机相比,小小的通货膨胀自然不算什么。但是随着经济局势出现好转,这种通胀就有些碍眼了。 Do not look that at present is various European countries and Holy Roman bears the loss together, in a short time has minimal impact, but Holy Roman until now was still the unfavorable balance of trade country. 别看眼下是欧洲各国和神罗一起承担损失,短期内影响不大,但神罗至今仍然是入超国家。 With continuing of ultramarine trade, loan of letting out, will backflow the Holy Roman empire unceasingly. If not take the counter measures, in the following several years, Holy Roman must by inflation often/common Ban. 随着海外贸易的持续,放出去的贷款,还是会不断回流到神罗帝国。要是不采取应对措施,接下来的几年里,神罗就要被通胀常伴。 Under this situation, economic crisis, once finished, the Vienna government only then two roads can walk: Either borrows again money ; Either adopts the contraction monetary policy. 在这种背景下,经济危机一旦结束,维也纳政府就只有两条路可以走:要么再次把钱借出去;要么采取紧缩式货币政策。 Personally experienced after one wave, Franz somewhat is suddenly clear, why the American must after the two world wars, throw money to the outside world crazily. 亲身经历了一波过后,弗朗茨突然有些明白,美国人为什么要在两次世界大战后,疯狂向外界撒钱了。 The capital is serious, if not throw money, the home will have the inflation. 资本严重过剩,要是不把钱撒出去,国内就会发生通货膨胀。 Similar worry, seemingly has puzzled English many years. Franz has not thought, must be one's turn itself quickly. 类似的烦恼,貌似已经困扰了英国人很多年。只是弗朗茨没有想到,这么快就要轮到自己了。 In some sense, Franz can reunify the Holy Roman empire, profits from the overcapitalization of English. 某种意义上来说,弗朗茨能够重新统一神罗帝国,也受益于英国人的资本过剩。 The English has money not to have the place to be colored, Austria not possibly benefitted to complete the industrialization in the short time. Including the infrastructure construction, the British capital also left vigorously. 要不是英国人有钱没地方花,奥地利也不可能在短时间完成了工业化。包括基础设施建设,英国资本也是出了大力的。 Naturally, the British capital does not owe. Except for by several times of Franz design, did not jump in the pit carefully, other times they gain greatly gain especially. 当然,英国资本也不亏。除了被弗朗茨设计的几次,不小心跳进了坑里,其它时候他们都是大赚特赚。 Only loses money probably was a British government. The capitalists for the benefit, invest and make loans in the overseas wantonly, finally made a competitor to come out to oneself. 唯一亏本的大概是英国政府了。资本家为了利益,在海外大肆投资、放贷,结果给自己制造了一个竞争对手出来。 The history as if returned to the zero point, rapid growth of original space and time US, benefits from the British capital makes the contribution. 历史似乎回到了原点,原时空美国的高速发展,也得益于英国资本做贡献。 Not only so, seems like the rise of Prussia, the British capital also left vigorously. Does money that the Berlin government that without their these donors, compels poorly where comes do the matter? 不光是如此,貌似普鲁士的崛起,英国资本也是出了大力。要是没有他们这些金主,穷逼的柏林政府哪来的钱搞事情？ If from this perspective, the bankers in London is the gravedigger in Great Britain. 如果从这方面来看的话,伦敦的银行家才是大英帝国的掘墓人。 Without their help, development speed of the competitors is not definitely fast. Britain probably same must lose the hegemony, rapidness that but will definitely not decline. 没有他们的帮助,竞争对手们的发展速度肯定没有那么快。不列颠或许一样要失去霸权,但是肯定不会衰落的那么快。 „If not forgotten guide for the future”, has like this pitiful example, Franz thinks that is not prudent is not good. “前事不忘后事之师”,有这样的凄惨例子在,弗朗茨想不慎重都不行。 ...... …… Misfortune never come singly. 一波未平,一波又起。 When the Franz consideration development trend, just hit a spore in Philippines, the Japanese who is forced to evacuate did the matter. 就在弗朗茨考虑未来发展的时候,刚刚在菲律宾群岛撞了一头孢,被迫撤离的日本人又搞事情了。 While the neighbor naps, outrageously initiated the sneak attack, hit remnantly Beiyang Fleet directly. The Japanese forces initiated the landing operations quickly. 趁邻居打盹的时候,悍然发起了偷袭,直接打残了北洋水师。紧接着,日军又以迅雷不及掩耳之势发起了登陆作战。 No matter the Far East empire currently does have from ignorant compelling wakes, the enemy has hit visit. Although Japanese forces also in the Joseon peninsula, but the war has broken out. 甭管远东帝国现在有没有从懵逼中醒过来,敌人已经打了上门。虽然日军还在朝鲜半岛,但是战争已经爆发了。 This has not calculated, Far East fell into the flames of war, the Americas were also in upheaval. 这还不算完,远东陷入了战火,美洲也陷入了动荡。 The subsequent hand who the English mobilize, finally starts to play the role, started the independence movement in Cuba. 英国人发动的后手,终于开始发挥作用,在古巴掀起了独立运动。 Just ended the Philippine war, Spain that has not gasped for breath with enough time, was compelled to fall into the new war. 刚刚结束菲律宾战争,还没有来得及喘口气的西班牙,也被逼着陷入了新的战争中。 Misses a little, caught up in the same place. Does not know that just gave up the Japanese government of Philippines, at this moment whether in annoying, insisted again one after next was good. 就差那么一点儿,就赶在一起了。不知道刚刚放弃菲律宾群岛的日本政府,此刻是否在懊恼,再坚持一下下就好了。 Naturally, the idea of Japanese government is unimportant. The new war is waiting for them, has the final say again is to turn around, the international situation does not permit! 当然,日本政府的想法已经不重要了。新的战争正等着他们,再说了就算是想要掉头,国际局势也不允许啊！ The European alliance attempts the throne together, that scene was really scary. The similar scene, the Japanese government does not want to experience absolutely again one time. 欧陆联盟一起逼宫,那场面实在是太吓人了。同样的场景,日本政府绝对不会想再经历一次。 Whether the Japanese government regrets Franz to know, the Spanish government wants to cry in any case now absolutely. Cuba erupted the independence movement at this time, hit directly on their soft rib. 日本政府是否后悔弗朗茨知道,反正西班牙政府现在绝对想哭。古巴这个时候爆发独立运动,直接打在了他们的软肋上。 Just ended the Philippine war, is the Spanish government poorest time. even/including Zhongjian colonizes the money of government, the Spanish government has not collected, another source of wealth heavy has problems. 刚刚结束菲律宾战争,正是西班牙政府最穷的时候。连重建殖民政府的钱,西班牙政府都还没有筹集完,又一处财源重地出了问题。 Once empire on which the sun never sets has declined. Philippines and Cuba, although is not the Spanish only colony, but these two places are actually in their hands the richest most and populous colony. 曾经的日不落帝国已经没落了。菲律宾和古巴虽然不是西班牙仅有的殖民地,但这两个地方却是他们手中最富庶的殖民地。 Regardless of loses any same place, to Spain is heavy losses. Not is only the economical heavy losses, is the political fatal crisis. 无论丢失其中任何一块,对西班牙都是一次重创。不光是经济上的重创,更是政治上的致命危机。 Just was done dirtily, the domestic nationalists in Southeast Asia by the Japanese most thrives. 刚刚在南洋被日本人搞得灰头土脸,正是国内民族主义者们最勃发的时候。 If not for with the aid of the strength of European alliance, successfully brought back Philippines, comforted the domestic populace with the victory, does not have the peaceful day. 若不是借助欧陆联盟的力量,成功拿回了菲律宾群岛,用胜利安抚了国内民众,早就没了太平日子。 By the present at this time, the Spanish kingdom could not have withstood any failure. Any failure, will beat the big powers position that their creakies, even triggers the revolution. 到了现在这个时候,西班牙王国已经经不起任何失败。任何失败,都会击垮他们那摇摇欲坠的列强地位,甚至引发革命。