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Chapter 742 The hidden dangers of the European economy

"Teacher, teacher! I'm back."

On March 5, 1643, a middle-aged man in his forties who looked extremely capable was walking quickly inside the Louvre Museum in Paris. After entering a secret room, he suddenly appeared calm at first.

He disappeared, looking particularly excited, and started shouting loudly at an old man of about sixty years old who was writing in the secret room.

"Your Excellency, please lower your voice. You have interrupted my train of thought again."

"Oh, I'm sorry, Mr. Richelieu. I'm so happy! Damn the Spaniards, they completely lost South America!"

At the 'Paris Peace Conference' in May 1616, Henry IV, the then King of France, was beheaded by Philippe. He left behind his son Louis, who was less than 15 years old at the time - this is the historical Louis XIII.

At the Paris Peace Conference, France, a major country in Western Europe, was dismembered into pieces. The French royal family only retained a small territory centered on Paris. Its title was also reduced from King of France to Grand Duke of Paris. For more than 20 years, as Henry IV's

The heart of son Yi Yi on the Paris Avenue was always filled with the rage of revenge.

Of course, the Grand Duchy of Paris at this time was too weak compared to Spain. The entire Grand Duchy had a permanent population of less than two million. The technology was backward, the economy was under control, and it was surrounded by a bunch of small countries where Philip's relatives served as monarchs.

Faced with such a situation, Louis very wisely chose to endure: not only forbearing, but also shamelessly flattering the enemy who killed his father without any limit - every time Spain mobilized troops from various countries, the Grand Duchy of Paris was the first to respond and actively

Cooperating. Whenever Philip says something at the EU Council, he is always the first to stand up and express his support.

Such a performance made him feel sick. After more than 20 years, Philippe gradually became more and more aware of Louis, who worked closely with Richelieu in the historical perspective, led France to win the Thirty Years' War, and thus laid the foundation for France's continental power.

Relaxed vigilance - at least, Spain did not send new personal attendants after the deaths of several of the attendants sent by Philip in his early years to serve (monitor) him.

At this time, Richelieu returned to Europe in 1638. Then this group of CPs, who made France bigger and stronger and created greater glory on a historical basis, came together naturally.

In five years, with the help of Louis, Richelieu not only effectively integrated the intelligence network that the Ming Dynasty had laid out in Europe. He also slowly, but safely and effectively upgraded the intelligence network through the Grand Duchy of Paris - the Ming Faction.

The white spies who came over were all at the bottom of society in the early days. It was extremely difficult to obtain valuable information. Things like Gloria's happened only once in a lifetime. But now with the help of the Grand Duchy of Paris, it was completely different: in Europe,

Where bloodline and identity are valued, it will be much easier for spies to obtain high-quality intelligence if nobles help endorse them.

However, even though there was an intelligence network, the communication technology of this era was limited, and Philip forcibly cut off trade with the Ming Dynasty. Therefore, it was still very difficult and slow for Richelieu to transmit European intelligence back to the Ming Dynasty.

But no matter what, the seedlings of resistance to Spain within the EU have been completely planted.

"Teacher, you didn't go to the Brussels meeting last month. Hahaha. Although that guy Philip yelled about revenge and jihad at the meeting, his weakness could be clearly felt by anyone. Oops.

, South America is lost, the largest saltpeter mine is gone, and it actually requires the whole of Europe to carry out saltpeter accumulation work. And they say that at this critical moment, every piece of stool and every drop of urine is valuable. Hahaha, it really makes me happy.

Already."

"Humph, that devil in the cloak of an angel has once again been punished by the righteous power of the East." Looking at Louis, who was beaming with joy and beaming with joy, Richelieu's mood also became better: "The loss of South America is not just saltpeter.

The mine is gone. A lot of precious metals such as gold, silver, copper, and rubber are gone, right? Did Philip tell us how to solve it?"

"As he said, economically he is planning to issue euro banknotes to replace gold, silver and copper coins. As for rubber, he requires our country, as well as Britain, Denmark and other countries with colonies in the equatorial region of Africa to vigorously develop rubber plantations."

"Your Excellency, as for banknotes, as production technology becomes more and more advanced and the economic aggregate becomes larger and larger, it is actually time for them to be issued. When I was in China, His Majesty the Ming Emperor just conquered India.

There was also a plan to issue banknotes three years later. However, this plan was interrupted by Philip's invasion of India. But I once heard His Majesty the Ming Dynasty say that the reason why he hesitated to issue banknotes was because he was afraid of excessive currency.

It caused inflation after the issuance. So he was prepared and prepared in terms of reserves... This Philip actually issued banknotes after losing the largest source of precious metals? Humph, I'm afraid it won't be long before the entire European economy will be hit hard!"

"Yes, I can see inflation in the future and the lives of a large number of people at the bottom becoming increasingly difficult."

"Yes." After a long sigh, Richelieu said: "Once inflation occurs, those with large assets and stocks will become richer. Those who use most of their daily income to buy food to survive will become even poorer.

Therefore, Your Excellency, we need to further increase food storage at this time. I estimate that in the next few years, with the loss of meat and milk sources in South America and the issuance of paper currency, food prices in Europe will skyrocket."

"Okay, teacher. I will make arrangements later. In recent years, thanks to the resale trade you have established with the Ottomans for making silk porcelain tea, the revenue of the principality government far exceeds its expenditure. We are hoarding food.

rich."

"It needs to be carried out efficiently but low-key, just like our trade with the Ottomans. Speaking of which, you haven't been caught, have you?"

"Teacher." Louis scratched his head: "The Spanish Intelligence Agency can still do things. They have vaguely discovered that the principality government is reselling large quantities of silk porcelain tea. However, governments within the European Union are doing this kind of thing.

, How can Philip conduct a thorough investigation?"

"That's right. Spain has sucked the blood of all countries in the alliance through industry, zero tariffs, railways, and a unified currency... and has caused widespread poverty in the countries in the alliance. In order to survive, how can we not engage in smuggling? By the way, this time

What about the Brussels Congress and the dissatisfaction of other monarchs?"

"There must be dissatisfaction, but on the one hand, Spain's military power and technology are still strong at this time, and everyone dares to be angry but dare not speak out. On the other hand, the issuance of banknotes has been generally supported by businessmen... so..."

"Yes, paper money is issued to facilitate circulation. After inflation, merchants' factories, houses, and stocks will appreciate in value. But the previous debts will be relatively reduced. So at this time, the merchants still support Philip. Well, the Condai family's

Where is that Louis? Have you seen him this time?"

"Forget it, teacher. My distant cousin is now full of gratitude and admiration for Philippe...he is just a legion commander. He has forgotten that he is a Frenchman."

"Don't worry, take your time. Your Excellency, Duke, you have to know that businessmen all over Europe support Philip because Philip can find them resources and markets and make them rich. The loss of South America is certainly uncomfortable, but in the final analysis

That is a medium-sized market with millions of people. As long as India exists, businessmen will absolutely support Philip."

"So we still need to be patient? Until His Majesty the Ming Emperor from the East takes over India again?"

"Yes, once the Chinese retake India, the breakup of the EU is not far away."

Richelieu, as a great man of his generation, saw the problem very accurately: the European bourgeoisie was already very powerful at this time, and far exceeded the European aristocracy in terms of wealth. As long as they firmly supported Philip, then Philip would be in the European Union

You can get whatever you want from within.

As the bourgeoisie, the endless pursuit of profits is their class nature. And Philip can now give them a unified currency, tariffs, suppress the interference of various royal powers on them, and a vast colonial dumping market... In this way, the king, the bourgeoisie

Of course, they absolutely support it. As long as this emerging class supports Philip, Philip's failure in South America, although painful, cannot shake his foundation.

But if India loses, it will be different.

Because of the existence of profits, all the wages of workers in a factory combined cannot buy all the products produced by the factory - relative overproduction is inevitable.

To alleviate this problem, we must find a dumping market outside our homeland - when China and the East Asia it controls cannot enter, India, a large market with 100 million people, is the lifeline of the European bourgeoisie! And when it is lost,

After South America is an important source of raw materials, if the EU loses India again, then the EU economy that has issued banknotes will inevitably suffer a heavy setback. At that time, the European bourgeoisie will not hesitate to abandon Philip and look for someone who can give them

A new dad that brings more profits.

Therefore, the loss of South America forced Philip to issue banknotes: issuing banknotes when the other two of the three major powers in the world were still implementing metal currencies was actually laying a minefield for their own economies. The time when this mine will be detonated depends on when India

lost……

At the same time, April 1643, Istanbul.

"Huh? Is this Philip an idiot? There is a saltpeter mine in the desert of Morocco in the northwest corner of Africa. Although it is small compared to Chile, it is much more convenient than going to Pakistan to buy and transport saltpeter, right?

"

After receiving a personal letter from Philip, requesting the purchase of saltpeter and asking Osman to stop smuggling porcelain tea, Ibrahim first expressed surprise at Philip's blind spot in knowledge.

However, he soon felt relieved: in later generations, Morocco's saltpeter mine production was very small, and there was basically no export. In other words, it was also a country of the Star and Moon Cult, so he, a Xing-Moon Cultist, knew a little bit about it. It was normal for Philip not to know.

"Your Excellency, now that the EU has lost South America and its source of saltpeter mines, it must be very anxious. It is said that they have launched a saltpeter dumping campaign across Europe."

"Hahaha, wouldn't it mean that there is a constant flow of shit and urine throughout Europe?"

"That should be it. Sir, how should we reply?"

"Sell, sell at a fair price."

"Your Mightiness?!"

"Listen to me. First, we cannot let the EU weaken too much, which is not conducive to the security of our eastern defense line. Second, tell His Majesty Philip and ask him to show his kindness to the silk porcelain tea smugglers and catch them.
Chapter completed!
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