Chapter 302, Frankfurt
Realizing that the crisis was coming, the Vienna government was just taking the lead. After Austria opened the dumping valve, British capitalists also quickly followed up.
In the past few years, Britain and Austria have occupied three-quarters of the market share in overseas trade. The so-called international competition is mainly carried out between the two countries.
The market is so big. If you take up more, I will take up less, and no one can give in.
Britain and Austria did not turn against each other directly because their respective development directions were different.
The most exported by Britain is textiles, while the most exported by Austria is agricultural products, which are also the two largest shares of international trade.
They account for 68.3% and 21.6% of the total international trade volume respectively. It is worth mentioning that the proportion of textiles is increasing year by year, while the proportion of agricultural products is decreasing year by year.
The proportion of the market is so huge that in addition to the industrial and agricultural scissors gap, it is also related to the trading model.
The UK's textile industry is imported raw materials and exported after processing; most of Austria's agricultural products are produced by themselves, and imported raw materials are relatively small.
If we really want to talk about the scale of the industry, the agricultural product field must surpass the textile industry. This is determined by the population structure. More than 80% of the people in the world are agricultural population.
However, when it comes to making money, agriculture is definitely not as good as the textile industry, and even if processing is completed.
In the textile field, the British's biggest competitor was France. They had previously tinkered with the Egyptian cotton plantation plan and finally made wedding dresses for the French.
Only by solving the raw material problem can France's cotton textile industry develop rapidly and has become a pillar industry in China. In the Paris government's African development plan, it ranked first in expanding the area of cotton plantations.
If the French plan is successful, the British's dominance in cotton textile industry will be greatly impacted, which is also one of the main reasons for the coldening of British and French relations.
Austria's biggest competitor in the agricultural products field is the Russian Empire. Due to the war, Russia's new national industry was severely damaged.
Due to technology and capital, we are unable to complete all agricultural product processing in the short term and have to temporarily act as the source of raw materials in Austria.
"Temporary" does not mean permanent, and the Russian Empire is also one of the largest potential competitors in Austria's agricultural products field.
The competition between Britain and Austria is still concentrated in the field of industrial manufacturing. The British are the overlords of traditional industries, while Austria is the leader in emerging industries.
In the eyes of later generations, these are the most important industries. However, in the short term, the market for these industries is still very narrow.
This is determined by the special nature of the industry. If the infrastructure is not in place and the blind adoption of new equipment can cause a collapse of costs, it is better to use an old steam engine.
...
Frankfurt, a traditional financial center in the German region, shines new light after joining the New Shenlu Empire.
To this day, it has become one of the four major financial centers in the world, surpassing Vienna, second only to Paris, France and London, England.
Of course, the statement of the four major financial centers has not been widely recognized because London, ranked first, is approximately equal to the sum of Paris, Frankfurt and Vienna.
This is based on the premise that Austria has seized a lot of gold production, otherwise London's advantages will be more obvious.
The foundation of the world overlord cannot be erased in a short period of time. London will be the world financial center for a long time in the future.
The British devoted their efforts to support a city, which was different from Austria's development model. There were special reasons why Frankfurt could surpass Vienna when resources were insufficient.
First of all, it has influence. Frankfurt is well-known in the German region, and there are many banks located here with strong financial strength.
The second is its geographical location, which is right in the heart of the German-Austria border area, and is also very close to Prussia, which is conducive to gathering the capital of these countries.
Finally, and the most critical factor, Austria's national policy does not build super cities, and Vienna, as the capital, has not jumped out to grab resources.
With so many advantages, Frankfurt, which was originally the financial center of China-Europe, naturally soared into the sky.
There are both advantages and disadvantages. While gathering central and European capital, it is inevitably affected by the economic impact of various countries.
After the defeat of the Kingdom of Prussia, the Frankfurt stock market was the first to be hit.
Fortunately, the Vienna government refused to lend to the Berlin government, and Frankfurt financiers did not jump into this huge pit.
The main impacts were that some listed Prussian companies, especially those that fell into the Russian-occupied area, were almost invincible.
According to statistics, in the past six months, due to the impact of the Prussian-Prussian War, the number of people jumping off buildings in Frankfurt has exceeded 30.
This is the norm. Every financial center will not lack unlucky people. Even when the market is at its best, someone will lose money and jump off the building.
In the early morning, the autumn wind blew up the fallen leaves on the ground and hit Flores' face. An unknown premonition arose.
As a veteran stock speculator, Flores already owns his own securities company in Frankfurt. Although it is still very small, he still gets rid of the tragedy of becoming a leek.
Like a casino, the chance of winning is always higher than that of gamblers. After establishing a securities company, Flores also joined hands with others to speculate on several stocks, felt the style of the dealer, and made a lot of money.
If nothing unexpected happens, Flores can go one step further and even have the opportunity to become one of the masters here.
However, people are in bad luck. Under the leadership of a financial giant, Flores joined the speculation of the Prussian-Russian War.
Unfortunately, they defeated Bao this time, and they suffered heavy losses and trapped a lot of capital.
It is normal to lose and make money in the financial market. Flores's mental quality is good enough to withstand such fluctuations.
Just trapped. As long as the company is not going bankrupt, the aftermath of the Plain-Russian War has passed, and a few good news can be released, you can successfully unwind.
Similar things often happen in the stock market. If the capital invested is too large and there is no good news, they can be artificially created.
As a qualified speculator, Flores has always insisted on diversifying investment. As long as he does not catch up with the stock market crash, he can withstand one or two failures.
After covering it with his hands, Flores accelerated his pace. He believed in his premonition very much, and relying on this intuition, he survived two stock market crashes safely.
When Flores arrived, the Frankfurt Stock Exchange was already crowded. Without wasting time in the lobby, Flores went directly into the office where his company was located.
It is said to be an office, but in fact it is just a small house less than 50 square meters, and it was shared by three securities companies.
There is no way. There is no electronic trading these days, and stock trading is all about manual labor, so first-hand information becomes particularly important.
The house prices inside the exchange are really valuable. Just a small house with less than 50 square meters, the monthly rent is as high as 2,000 ASUS, and it is still non-selling.
If you change the place, the money will be enough to buy a big house.
If it weren't for attracting customers and having to show their strength, Flores wouldn't say that nothing would be so luxurious.
Chapter completed!