In St. Petersburg, Nicholas II was in a bad mood for a long time. After a series of blows, he has matured a lot now, at least he can suppress his anger and not burst at any time!

But when he saw the telegram from Sofia, he couldn't help getting angry. From Nicholas II's point of view, the Bulgarian government was undoubtedly looting in the fire, but also hit the seven inches of the Russian Empire!

Nicholas II is having a hard time, for many reasons, he has been forced by money. The long war has destroyed the economy of the Russian Empire.

The economic situation is not good, and the government's fiscal revenue is naturally not high. Coupled with the previous crackdown on capitalists, many factories were confiscated, Bulgaria's successful experience was learned, and then a bunch of state-owned enterprises were added.

It is a pity that they only learned superficial kung fu, but instead brought in the system of the Tsarist government. These enterprises not only failed to bring him profits, but have been losing money.

In order to maintain employment, Nicholas II also had to grit his teeth to support them and prevent these companies from going bankrupt.

In this loan negotiation, Nicholas II wanted to take these companies as mortgage loans. Unfortunately, the Bulgarian government was not fooled at all, and the land was rightly identified!

One is not enough than Salabia, and they are focusing on the Crimean Peninsula, which made Nicholas II very embarrassed.

Rationally, the current Crimean Peninsula has also lost its original value. It is impossible to rush into the Mediterranean from the Black Sea. It is better to sell it for money!

But emotionally, abandoning the Crimean Peninsula is equivalent to abandoning the Black Sea. You must know that for the Black Sea, the Russian Empire has fought with the Ottoman Empire for hundreds of years.

...

In the Sofia Parliament Building, the ten-year plan review meeting is still going on. Now the discussion on economic and financial issues is starting. Bulgaria has now been expanded, and only three banks are too few.

Many people know that the government must open up capital to enter the banking industry. Otherwise, the monopoly position of the three major banks will become more and more solid, which is no exception to the domestic economic exhibition.

Host Rolex Todd stepped onto the rostrum and said, "Today's topic is finance. Everyone knows that there are only three banks in Bulgaria. Many outsiders are attacking the monopoly of our banking industry.

This problem is definitely to be solved. The government intended to carry out financial reforms a few years ago, but the financial tragedy from the Russian Empire delayed this process.

Everyone knows the civil war in the Russian Empire and has heard of the financial crisis that triggered the civil war, but few people know the details.

Judging from what we know, the financial crisis of the Russian Empire was artificially created for a very simple reason. The World War gave many Russian capitalists war money, but no one would be content.

The appetite of the capitalists is growing, and they will eventually penetrate into various industries. In order to obtain high profits, they will bring unqualified products to the market and recharge them. The weapons of the army will become disposable items. The main reason for the failure of the Russian Eastern Conference.

At the same time, in order to obtain high profits, they are hoarding, and the artificial manufacturing market is out of stock. For this they poured milk into the river and dispose of the food as garbage.

These are all empirical evidence. They were born in central Siberia and the southern Caucasus, as well as photos taken by reporters, which caused a sensation in the world at that time.

The reckless actions of the capitalists finally led to the suppression of the tsarist government. In order to retaliate against the government, they started this financial war.

Bankers in the Russian empire deliberately caused an accident, then used this as an excuse to declare bankruptcy, relying on depositors' money, and finally introduced a nationwide financial crisis.

The aftermath of the financial crisis was the collapse of the powerful Russian Empire, which has now split into three governments.

Lessons learned from the past, we dare not forget that the birth of such a thing, our financial reform has also been delayed, after all, the safety of funds is the first priority.

The three major domestic banks are at least impeccable in terms of reputation. The government has not collected their deposits. Each of them has hundreds of tons of gold in the treasury. These are the best deposits.

Therefore, the financial reform plan formulated by the Bulgarian Ministry of Finance has fully considered these factors. For the safety of depositors' funds and the financial security of the country, we have raised the barrier to entry, which is higher than all countries in the world. Much!

Article 1: All banks operating in Bulgaria must pay 200 tons of gold as guarantee. If the bank wants to leave, the government will refund it after the liquidation;

Article 2: The flow of funds from banks must be subject to government supervision, and large capital outflows must be reported to the government;

Article 3: The encouragement of the bank must be a citizen who lives in Bulgaria for a long time, and the social contribution must not be lower than the average social level, and must hold a large amount of fixed assets in Bulgaria. The parents of the children's spouse must also be residents of Bulgaria;

Article 4. Foreign banks conduct business in Bulgaria and do not require the identity of shareholders, but must ensure good credit and submit a deposit of at least 300 tons of gold to the government;

Article 5. Among the shareholders of the bank, if foreigners appear, they are regarded as joint venture banks, and they will be subject to both the foreign bank management law and the local bank management law;

Article 6. Any stocks and securities of a bank must be held responsible for their authenticity, and if there is a problem, the bank will bear joint and several liabilities;

... "

Where is this strict? It is clear that latecomers are not allowed to enter. Under this series of conditions, how many can have the ability to open a bank in Bulgaria?

It can be said that as soon as this news is announced, those who want to do something big will be disappointed. With so many restrictions, they still want to fish in muddy water?

Yes, pay gold first! At the current currency ratio, two hundred tons of gold printed banknotes are enough to fill the holes that banks have tossed out.

After a pause, Rolex Dodd said again, "Members in doubt, please raise your hands! ~~ The first gentleman on the right side of the third row, please say!"

The named member stood up and said, "Dear Mr. Harrow, I would like to know how many consortia that meet the qualifications for opening a bank in view of the restrictions set by the government now?

If there is no family, then we must set these conditions? Isn't this a deliberate restriction by the government to protect monopolies? "

Finance Minister Haro Gilles replied with a smile: "This gentleman, please note that there are several companies that meet the conditions for opening a bank. This is not important. The Bulgarian government serves the entire population, not the consortium. !!

Secondly, is this the intention of the government to set restrictions, the problem is very simple. Without these restrictions, can we guarantee the safety of depositors' funds?

The purpose of the Bulgarian government is to guarantee the interests of all people as a priority. You cannot ignore the interests of everyone for the sake of an interest group or an individual!

For ordinary people, it is not important to have more banks, and the most important thing is safety! If you can't guarantee the safety of depositors' funds 100%, don't let such a bank do it! "

There was thunderous applause at the venue. For most people, they don't care about the number of banks, but the safety of funds must be considered.

The man continued to ask, "Mr. Harrow, can't the government monitor the funds to ensure the safety of depositors' funds?"

Harlow-Gilsmo thought for a while and said, "It's not impossible, it's just too expensive and it's not worth it. If the government wants to supervise, we need to supervise every business of the bank.

In this way, how many employees does the bank have, the government will have to arrange the same number of people to follow them. I think if this is the case, what is the bank to do?

It would be better for our government to do all these things and waste less human resources! "

No problem, who made the neighbor next door so fierce? Almost everyone in Bulgaria knows and knows that everyone is very concerned about the safety of bank deposits.

For ordinary people, these ins and outs are all nonsense, they only know that bankers are greedy and swallow the depositors' money.

And these new Russian immigrants are the victims and the best propagandists. They have been hacked, so when the financial system is liberalized, the biggest resistance is not from domestic banks, but rather the majority Bulgarians are against it!

Therefore, under the influence of this thinking, the bank bill issued by the government is of course strict and how it came. It never thought that the streets would be full of banks.

Rolex Dodd said again: "Okay, now everyone has no objection. This draft bank reform has been passed, and after the amendment is completed, it will be sent to Congress for approval again.

Now let's discuss the next question, whether to open the stock market in a comprehensive way. The government is also very confused.

The stock market can raise funds for enterprises and speed up their expansion, but the stock market itself cannot create wealth, which is a virtual wealth.

And this child ’s wealth is really imaginary, to a millionaire today, a millionaire tomorrow!

This is inconsistent with the traditional concept of Bulgaria, and gaining nothing without gain has always been the greatest enemy of mankind, and the stock market has maximized 'get nothing without gain' to the maximum!

Therefore, the government has decided to leave it to Congress to decide. It is time for Members to decide the future fate of Bulgaria. Agree or disagree, please cast a key vote!

Before voting, if you have any questions, you can also ask, our Finance Minister Mr. Harrow will answer us, please raise your hand now! "

After a pause, Rolex Todd said, "The third man on the left side of the second row, please ask questions!"

The man stood up and said cautiously, "Dear Mr. Harrow, I feel that it is too irresponsible for us to make the decision on this issue. Among the members who are sitting, we are Some know less than five percent.

With our level of knowledge, it is really difficult to make the right choice. Among the people who know it, it is very likely that they are practitioners in related industries. Out of their own interests, they may also make choices that violate their conscience. Therefore, I think it is better for the government to make a decision! "

Finance Minister Haro Gilsmo is dumbfounded, and host Rolex Duddier is dumbfounded, even Ferdinand is dumbfounded in the background. Is there such an operation?

It is estimated that the world ’s first congressman refused to vote because of his insufficient level of knowledge and handed over this right to the government!

Before they could react, thunderous applause sounded again at the venue, and the members of the council had already expressed their attitude with practical actions.

We do not understand this question, we will not vote!

Finance Minister Haro Gillesmo thought for a while and said, "Well, this is a mistake in our work. The stock market is a familiar and unfamiliar matter to us.

We often see in news newspapers, but not in Bulgaria! In fact, as early as the last century, Bulgaria had a stock market and a stock exchange.

It was only later that it was closed for various reasons. If the older generation who had bought stocks in that year, they probably knew that they had been confused.

I didn't explain the details at one and a half minutes, but one thing is clear to everyone, it is not profitable but not early, all the actions of the capitalists are for the benefit!

Can you make money by buying stocks? I can only say that someone can, most people can't!

The biggest problem now is that the opening of the stock market is somewhat inconsistent with our traditional culture. In my personal opinion, the government that can open the stock market can collect more taxes, which can speed up the expansion of Bulgaria. At the same time, our moral level will also decline in a branch! "

After speaking, Harrow once again gave the decision to Congress. The stock market is a big pit. It is okay to not explode the economic crisis. Once the economic crisis explodes, I don't know how many people will be pitted and bankrupt!

The Bulgarian government dare not memorize this, let alone Ferdinand. He knows the pros and cons of the stock market better than anyone. If it was not for raising money, he would not agree with the government to throw this issue up.

Now he doesn't have to worry about it. It seems that the Bulgarians are very resistant to this virtual economy. Most of the parliaments can't pass it, then all aspects can be accounted for.

If capitalists at home and abroad want to scold, scold Congress! Of course, scolding is useless. The members of the council are Ferdinand secretly affecting control. They are not allowed to collude with anyone!

Therefore, the Bulgarian government banned capitalists from cooperating with members of parliament. It was to catch a slay, but now Bulgaria's weak bourgeoisie is afraid to come forward.

The meeting was silent, and Rolex Dudter said again, "Congressman, are there any objections?

The second old man in the first row, please ask questions! "

The old man stood up and said angrily: "I propose to permanently ban the stock market in Bulgaria. We can't ask for this free money!"

Ferdinand in the background rubbed his forehead. Don't be so radical, is the power of traditional culture so strong? Or is the victim of the stock market disaster still remembering it now?

Rolex Todd thought about it and said, "If the old man wants to propose, at least ten or more members of Congress can do it!"

As soon as the voice fell, someone stood up and said, "Can you count me?"

As more and more lawmakers took it up, showing their attitude, Rolex Todd had to shout: "Stop! The number of proposals is enough, and we can vote now. Because this matter violates the relevant procedural provisions, I want Please show His Majesty the King whether this proposal is valid! "

Ferdinand said lightly: "The proposal is valid, you can vote!"

Although this violates the rules of the Congress proposal, it will not affect the final result. Ferdinand does not intend to change the result of the vote. Why delay the time?

After hearing Ferdinand's answer, Rolex Todd announced immediately: "His Majesty the King has approved this proposal, and now vote!"

The results are self-evident. In the face of morality and money, lawmakers chose morality without hesitation. It is unlikely that the stock market will emerge in Bulgaria in the short term.

It is Bulgaria's national policy to combat good and evil, and they will not allow anyone to destroy it.

Unconsciously, the Bulgarian bourgeoisie was again pitted by Ferdinand. This issue was thrown out in advance. Under the traditional power, it was almost 100% rejected!

After losing the fast financing channel of the stock market, it is not easy for them to grow fast.

No one has a bank in their hands ~ lightnovelpub.net ~ can be financed through banks, no need to play the stock market! What can be played in Bulgaria becomes Ferdinand exclusive, and its capitalists have to choose whether to work for the country or the king!

Anyway, even if the banking industry is liberalized, the monopoly structure remains unchanged. Local capitalists have no strength to establish banks, and foreign capital is too restrictive. It is better to invest in other industries!

Well, these are all Ferdinand's delusions. In fact, Bulgarian capitalists are not cold about going public. They don't want to make the companies they build into others.

Even if they can still become major shareholders, many people still plan to use it as heirloom, and inherit it from generation to generation. Family businesses are the mainstream of this era!

...

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