Chapter 33: Crazy Borrowing (4)
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All countries were very interested when they learned about the industrial scale owned by Jiang Yu, except for Japan, which even wanted to obstruct it.
At this time, Japan, having spent over 100 million pounds in the Russo-Japanese War, equivalent to several billion yen, is now tightening its belt every year to repay loans.
Moreover, Japan has not yet obtained actual benefits in Manchuria sufficient to compensate for its losses, and finally, due to the intervention of the Four Powers, Japan was forced to spit out Manchuria which it had swallowed. It is clear that Britain's defense against Japan can be seen.
Japan, a resource-poor island nation as Britain's junior is not threatening, once they are allowed to gain continental living space, it will evolve into a formidable enemy.
Japan, which had not yet recovered from the Russo-Japanese War, was unwilling to lend money to local warlords in China.
But soon Japan also understood Britain's intention.
The Japanese Minister of Foreign Affairs reported to the Emperor of Japan: "This may be an opportunity to divide China again, and perhaps six years later China will fall into a more chaotic situation, at which time it will be a great opportunity for the Great Japanese Empire."
Japan then gladly joined the Five Banks Consortium loan.
These five countries are Britain, America, France, Russia and Japan.
Among them, the United States, France, Japan and Russia are in the Allied camp, while the United States is an independent camp, willing to join this loan purely out of commercial interest.
Huadong Group has in hand the technology they want to get.
However, the sense of secrecy in each factory of Huadong Group is very strong, and semi-military management is adopted, making it difficult to steal advanced technology from them.
The banking syndicate for the Five Power Bank Loan includes many banks, both large and small, from these five countries. The entire amount of this loan is provided by private capital, rather than directly by the governments of the five powers.
The question now is who pays more, or what proportion each one occupies.
Obviously, many banks are optimistic about the industry of Hua Dong Group and want to occupy more shares. Especially the wealthy Rothschild family, who can spend money everywhere, controls most of the banks in England and France.
And the United States is led by the Morgan financial group, plus the Rockefeller and other financial groups.
The American Morgan clan was supported by the Rothschild clan, which dominated world finance at that time and penetrated into various industries such as manufacturing, education, and medicine.
The Rothschild financial group attempted to control the new continent of America by supporting the Morgan financial group, while their focus remained in Europe.
However, at the end of the last century, because the Rothschild consortium mobilized a large amount of funds to enter the United States and ignored the existence of Germany, the Germans took advantage of the opportunity to launch the Franco-Prussian War, and the Iron Chancellor Bismarck even reorganized and acquired the German Junker Consortium with dazzling complexity.
World War I can be seen as a military strike launched by the Junker financial group against the Rothschild financial group, with the intention of using troops as vanguards for financial expansion.
But the result was a failure, and during World War I, an international syndicate in the United States also launched an attack on the Rothschild syndicate, but soon discovered that their strength was still insufficient to shake the Rothschild syndicate's position as global financial ruler, and finally had to continue to compromise with the Rothschild syndicate.
After World War I, both the Junker financial group and the American international financial group were thinking about how to replace the position of the Rothschild financial group.
Finally, the Germans and Americans reached a tacit understanding; they thought of a way to physically eliminate the Rothschild financial group and supported Hitler.
Germany was indeed deeply involved in the original World War II, daring to pull down the Rothschild financial group, but they did not gain the position of world financial hegemony, which was successfully replicated by the American international financial group after World War I.
The Rothschild family fell to 13th place in the ranking of financial groups after the war due to the massacre of many Jewish members and the confiscation of assets.
The German Junker class also became the longed-for oligarchy by transferring assets to countries such as Sweden and losing a large number of members.
What is meant by a financial oligarchy is that there are relatively few shareholders and the shares are highly concentrated. When Bismarck formed the Junker financial group, he united various Junkers in Germany, so the Junker financial group had too many shareholders, which also made Jiang Yu one of the core members of the Junker financial group under the circumstances.
At this time, the Rothschild consortium was at its peak, with assets under management exceeding $6 trillion in today's dollars.
So, in this five-nation bank loan, the main force is still the Rothschild financial group, while the Morgan and Rockefeller financial groups of the United States are the second-tier main forces. Russia and Japan are basically just going through the motions, and the national banks of Britain and France are also just going through the motions. The British and French national banks appear to be very weak in front of the Rothschild financial group, so they still mainly rely on the Rothschild financial group as their main force, which also includes some German banks affiliated with the Rothschild financial group.
These banks sent representatives to Shanghai and began allocating shares of these loans.
The Rothschild financial group realized that Jiang Yu had developed a highly competitive industrial-based conglomerate in China, so they were very eager for this loan.
If it were in the past, the Rothschild financial group may not have had this interest, but now that global industrial capacity is gradually becoming excessive and various industries are no longer prosperous, this £10 billion loan to Huarong Group will inevitably lead to Huarong Group having to sell assets to repay the loan, thereby controlling China's industry and continuously extracting colonial benefits.
The British colonial interests were to a large extent taken over by the Rothschild syndicate, and much of the annual return of £200 million (1913) from overseas investments was due to their investments.
The meeting of the five-nation banking representatives in Shanghai is apparently not going to end so quickly.
Jiang Yu was in Huai'an at that time, and his parents had moved from Shanghai to Huai'an. The three of them built a courtyard with an area of 15 mu in Huai'an.
This is no longer considered luxurious, as Jiang's family in Suzhou also has three large gardens, and Shanghai also has one garden.
In Huaian, the days were quite regular and busy. Jiang Yu had to open the cheating device alone in the office every day, connect to the 21st century network, and copy a large number of professional books.
At this time, he was using all his might to explode technology. In this era, advanced technology meant more advanced military power, and the industrial technology of this era was not complicated. Many things were at a very immature stage. With Jiang Yu's advantages, it was not difficult to surpass Westerners, and it was even easy, as long as there were enough people.
In order to cultivate enough skilled workers, Jiang Yu has sent tens of thousands of skilled workers to Germany in batches. Many of these skilled workers were arranged to work at Farhua Group and many others were arranged to work at the factory of Jiang Yu's father-in-law.
However, Jiang Yu felt that it was still not enough, so Jiang Yu recently sent another 5,000 people to Germany and had in-depth communication with the German Emperor.
"Now the world situation has reached the brink of an unprecedented great war. With Germany's limited space and highly over-capacity industry, it has become necessary to expand outward, which will inevitably lead to a massive European war. In this war, both sides will be in a long-term stalemate due to the appearance of barbed wire and machine guns, making it impossible for infantry to quickly break through enemy lines. At that time, both sides will fall into a cruel and protracted war of attrition.
The German Empire has a smaller population compared to Britain, and under the blockade of the British Navy, it may be difficult to obtain the necessary manpower and raw materials from overseas. However, China's vast human resources can provide a solution. If China sends more technicians to Germany, the German Empire will be able to recruit more soldiers for the battlefield.
Currently, I am applying for massive loans from various countries, rushing to develop industry with all my might, hoping that when war comes, I can make contributions to the German Empire..."
"...and in the event of war between Germany and England, France, Russia or Japan, I can dispatch a thousand sharpshooters and a thousand airmen to Germany as mercenaries. At the same time, the Empire should prepare for the situation where sea routes are blocked by Britain. As an island nation, although it has many colonies, sea transportation is its Achilles' heel, and Japan is no exception. Submarines will be a powerful weapon in breaking this deadlock. I have more advanced submarine technology, and the Empire should increase the size of its submarine fleet. Furthermore, I hope the Empire can provide some technical support for submarine manufacturing and build a large number of submarines in the Far East, which can slow down Japan's pace of supporting Britain after the war and provide more submarines to the Empire..."
In fact, Jiang Yu had his own plan, which was to provide Germany with a large number of advanced military technologies, thereby making Germany drag out the war for a longer period after its outbreak, so as to consume England, France and Russia's national strength to the maximum extent, even America's.
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