Facts have proved that Granville was thinking too well. The biggest black hand that soared gold prices were the British consortium, and speculators were just pawns who charged in the openly.

Don’t these financial consortiums know the consequences of blindly raising gold prices? Obviously this is impossible. They are all professionals, but not the amateurs of the cabinet government.

But they still did it for the sake of their interests. Even the Granville Cabinet government made a decision to raise the price of gold, which hindered the Vienna government's decision to buy gold, and the shadow of the consortium was indispensable.

However, Britain is not the United States after all, and the financial consortium cannot cover up the situation, so it is very obscure. It just bribed the members of the government think tank and put forward this suggestion, but did not stand directly on the table.

This is nothing. In history, there are still people who have published articles in newspapers that cabinet ministers often read, which in turn influenced British politics.

There is no way, the elected politicians cannot be all-rounders! In many fields, they are all laymen, and they are on the same level as many people who are on the gossip. It is really not difficult to fool them.

This silent way of moistening things is often fooled, and politicians themselves do not know it. This is how many idiotic policies are formulated.

The consortium raises the gold price naturally cannot be to make such a small difference, and it is more about trying to hit competitors because of this.

The rise in gold prices will drive the rise in the value of the pound, which will naturally affect domestic industry and commerce. For enterprises with big businesses, they can hold on to this short-term fluctuation.

For most small and medium-sized capitalists, they undoubtedly walked through the gates of hell.

In the era of high economic development, everyone is expanding, and costs suddenly skyrocket. In the short term, many companies have entered a loss-making state, and problems arise in this loss-making capital chain.

The opportunity for the consortium comes. Either accept their conditions or prepare to go bankrupt! No matter how you choose, it is a capital feast for big fish to eat small fish.

The London stock market has always been a barometer of the British economy. The fluctuations in gold prices first affected the stock market, and the first ones were the speculators.

The price of gold has greatly increased and fluctuated, so the leveraged players have successfully lost money.

The gold mining companies that were originally popular have gained 30% of their market value in one day, and related industries have also become unlucky.

According to economic experts, after the new Holy Roman Empire adopted the gold standard, the demand for gold in the market increased greatly, and gold prices rose were inevitable.

Everyone believed it when the stock market surged. Since it was good news, companies naturally had to expand production. Only by expanding production can they spend more money in the market.

Now that the gold price has plummeted, the market has been stimulated, the stock price has been leaking wildly, investors have been cheated, and the consortium has successfully completed the first round of harvest.

Not only these related companies, but other industries have also been affected. The rapid fluctuation in the value of the British pound directly caused many companies to lose their pants.

Especially those engaged in overseas trade, the value of the pound first rose by 20%, and then returned to normal. The loss in this exchange rate alone is enough for everyone to cry.

For many small and medium-sized enterprises, this fluctuation directly kills them. Not all enterprises are qualified to be acquired by consortiums, and many enterprises with poor performance and meager profits have directly entered the bankruptcy mode.

In just a few months, more than 200 enterprises in the British Empire were merged and reorganized, and more than 3,000 enterprises were directly liquidated. The bankruptcy wave is coming, and the era of great monopoly is coming.

When the Granville government realized it, everything was too late. Even if the consortium stopped, the government would not be able to extend the lives of these companies.

No. 1o, Downing Street

Granville sat there motionless with a haggard face, obviously the recent incident had a big blow to him.

Before he could perform his ambitions, the first fire he took office, shot himself in the foot, which seriously damaged his confidence.

After sorting out his thoughts, Granville said, "Everyone, we were fooled by the consortium this time, and they were completely led by the nose.

I'm afraid we've jumped into their trap from the beginning. Now that things have come to this, the matter of holding the responsibility accountable is revealed first. How should we deal with it now?"

Everyone was silent. What else could they do except pinch their noses and accept it? Will they settle the score with the mastermind behind the scenes?

They are just behind the scenes. Within the scope of the rules, if they make their own judgment fail, they have never made any progress in the beginning and want to settle the score, and they all know who to look for.

George Gray, the secretary of the Finance Minister of the Mao, who was stared at by Granville, replied with a tough bullet: "People, we should save the market as soon as possible to restore confidence in the market and prevent the situation from worsening."

Although most of the companies that went bankrupt this time are small and medium-sized enterprises that do not have much competitiveness, the unemployment population caused by them are real.

If we don’t quickly recover from the aftermath, it won’t be long before the current stock market crisis and bankruptcy wave will lead to a nationwide economic crisis, and then the situation will be really uncontrollable.

Granville asked with a frown, "You mean to continue to turn to the consortium, don't you be afraid of being swallowed up by them?"

The Chancellor of the Exchequer George Gray said in a very cold tone: "But we have no choice, aren't we? If we don't get rid of the crisis as soon as possible, we will be nailed to the pillar of shame together and become the negative textbook in history books.

Perhaps they would write that in order to prevent the Vienna government from acquiring gold, the idiot cabinet government artificially created an economic crisis.

As for the issue of the consortium, isn’t there still a settlement after the autumn? If they cooperate well with us and suppress this crisis, it would be fine.

If they continue to be presumptuous, it would be a good choice to pull them to hell together before we are finished."

I have to say that the Granville Cabinet is lucky, and the UK has not yet experienced a large-scale overcapacity, otherwise their operation will last forever.

If the British economic crisis breaks out, then Austria will not be able to survive alone. As long as the British capital withdraws capital, the Vienna government will naturally lose the opportunity for currency reform if it wants to stabilize the domestic economy.

But for the British, it is more in line with their interests to complete the reform of the gold standard of the Vienna government, which contributes to trade between the two countries.

Because it prevented Austrian reforms and caused a domestic economic crisis. That was to harm the interests of the British Empire and then created an economic crisis. It was said that they were foreign spies, but the British believed it.

As for explanation? They cannot have the opportunity to explain. As losers, there is no say. If a consortium cannot clean itself, it will not be a consortium.

Even if it is explained clearly, they deserve it one of the stupidest cabinets in British history.

Don’t expect someone to help them cleanse the floor. If they are harming themselves and benefiting others, maybe everyone will cleanse them for political needs in the future.

It is possible to be even boasted to be the greatest government. They naturally know this kind of operation.

Things have already happened, and it is inevitable that rational politicians will naturally want to minimize the impact and continue to cooperate with consortiums.

In order to force the consortium to work hard, George Gray even showed up a threat. Although they would not die together, they could counterattack at all costs and severely damaged the consortium.

To put it bluntly, the consortiums in this era are still growing and are far from reaching their peak. There are bureaucratic groups and aristocratic groups in the government, which can check and balance their power.

This is also why after the World War, the London government introduced a series of idiotic policies to combat the military and aristocratic class that made great contributions in the war. It seemed that the government was like a gravedigger of the British Empire.

This can also be seen as an extension of the power struggle. Capitalists who have gained advantages cut off their source of power while the aristocratic group was weak.

As the executor launched by the capital group, it naturally recovered its rich returns, received high praise in history, and became the greatest person in British history.

Granville nodded helplessly. He didn't want to step down in shame, so compromise was inevitable.

...

When the crisis broke out in the UK, Franz's wedding also began. There was no innovation and it was carried out completely in accordance with the traditions of the Habsburg dynasty.

Grand, luxurious, high-end, and as for the romantic wedding in the movie, Franz said very surely that it does not exist, it was completely made up by the director.

As usual, the wedding was still in St. Stephen's Cathedral, where dozens of royal family members were in the hearts of which they were sleeping forever.

When Franz thought about it, he felt chilling. He could not understand why he had to dig out his heart and put it in this church after death.

This may be because his belief is not pious enough. No matter how he says it will end. Franz is not going to follow his ancestors anyway.

At the wedding, Franz was like an actor, following the pre-rehearsed ritual, going through the procedure, and then accepting God's blessing, he got married.

Although it was a little more complicated, Franz was still satisfied. It was only once in a lifetime, and a little trouble could be considered a good memory.

Maybe it was God who gave him face or God's blessing. In short, March 12th is a sunny day, and nothing happened.

There were too many guests attending the wedding, and the banquet was held directly in the open-air square.

All the top nobles in Europe basically sent representatives to come. Thirteen kings attended the wedding in person, and the princes and grandchildren combined to directly break through the three-digit number.

Franz was surprised to see that so many kings who attended the wedding themselves had not had any relatives in five matches. Although there was no such claim in Europe, this fully proved the strength of the Habsburg family's marriage ability.

However, it is unknown how long the glory of this monarchy can last. After all, there are not many different parts of Germany, but there are many kings.

None of these royal families have been abolished now. In this regard, Franz's food is much better than the Prussian Kingdom in history.

The benefits directly brought make his wedding even more high-end. In this way, the kings can apply for the Guinness World Records together.

The only regret is that none of the emperors came, otherwise the specifications could be higher, which would be beyond the reach of future generations.

Obviously this is impossible. In order to invite these kings over, the Ministry of Foreign Affairs of the New Holy Roman Empire has not put in less effort.

If the relationship was not particularly good, it would not have been a big deal at this time. To put it bluntly, this is also the stage for the Habsburg dynasty to show soft power to the outside world.

What level of guests the royal families of European countries sent also shows how much everyone attaches importance to relationships. For small countries, this is equivalent to a political squad, but this time there is no need to worry about being in trouble if you stand in the wrong position.

Under this background, several European emperors naturally had to hold their own identities, and sending royal personnel out for a trip would be considered as giving face.

It is impossible to do it in person unless everyone has a very good personal relationship. Unfortunately, Franz doesn’t have much friendship with them, so they naturally won’t come over to support the situation now.
Chapter completed!