As expected, the government was greatly dissatisfied with the shipbuilding cost, but under pressure from Edel, it had to pass.
As for the attention that shipbuilding has attracted from other countries, Romania can only claim that the two H-type battleships, which are temporarily named H-type battleships, have a standard displacement of 35,000 tons to fool other countries. Anyway, this is not the first time he has lied. Let’s tell it one more time.
What does lying have to do with it? Who will have the energy to take care of Romania when other countries find out that something is wrong?
Although they got through it temporarily, Britain, France and other countries strongly demanded that Romania join the Washington Naval Treaty. Before, they only had one battleship and they could turn a blind eye. Now it is obvious that Romania is going to build a lot of ships, so they hope to use the Washington Treaty to
Romania tied up.
Edel actually has no objection to joining the Washington Naval Treaty, because this treaty will expire in a few years. But if you want Romania to join, you have to talk a lot. If you want Romania to join, just join. How can it be so good?
thing.
In the midst of this wrangling, the time came to 1933. Romania's economy developed rapidly in this year.
Among them, Romania signed an economic and trade cooperation agreement with the Republic of China, allowing domestically produced goods to find an outlet. The economic crisis in other European countries is still continuing. Therefore, the Soviet Union and Romania have become one of the few countries in Europe that still maintains economic growth. In this way
The outstanding results have led many European economists to conduct in-depth research on Romania’s approach during the economic crisis.
Among them, Keynes, the father of macroeconomics, highly praised Romania's response in the newspaper. In his opinion, Romania's response to the economic crisis that spread to the world was very appropriate, and its government's strong intervention in the economy was the reason why it was able to avoid the crisis.
The key to recession.
And he believes that although Romania's additional currency issuance is suspected of artificially lowering national income, its stimulus to the economy is more important. This can at least maintain the operating rate of factories and allow workers to continue to earn income, which also makes Romania's economic activities more important to the economy.
External influences are minimized.
Moreover, Romania made a very smart decision to invest these additional currencies in domestic infrastructure construction. This can not only stimulate economic growth, but also improve the transportation time of domestic goods and reduce consumption in the circulation link. It is completely worth it.
A model for national learning.
However, although these private economists are advocating Romania's response, for other countries, if they want to make changes, they will first be opposed by many officials. This is because so far, they have only seen results, but have not yet seen the consequences.
If it changes because of this, there will be too much that needs to be done, at least to make officials change from traditional liberal economic thinking. However, Britain and France have little interest in changing their policies because they have vast colonies as buffers.
Other countries have their own various reasons, and this model cannot be used for Romania. So by the end of 1932, Romania's total national economy reached 74.17 billion lei due to economic stimulation (according to the depreciation of Romania's 20% devaluation and the depreciation of the US dollar)
Calculated at 50%, it should be a record high of US$23.13 billion), completely leaving behind Poland and Italy.
Currently, Romania is ranked ahead of the United States, Britain, Germany, France, the Soviet Union, and Japan. Romania is currently only ranked seventh in the world. As long as Romania does not lag behind in economic development, it will only take a few years to surpass Japan.
.Because the equipment purchased from other countries are currently being shipped back to the country, and one year later there will definitely be another outbreak in Romania.
In the steel industry that best reflects a country's strength, Romania ranks seventh in the world with an annual steel production of 3.78 million tons. Before it is still the United States, Germany, Britain, the Soviet Union, France, and Japan.
As Romania's steel industry expands, it will inevitably leave France and Japan behind.
In addition, Romania has also developed rapidly in coal mining, power generation, ammonia fertilizer, cement, automobiles, tractors and other industries. A large amount of infrastructure construction has allowed many related industries to fully develop, and the development of these industries
Development has also driven the growth of other related industries. Therefore, Romania can still maintain the momentum of economic growth.
At present, the number of cars in Romania reaches 1.47 million, and there is one car for every 35 people.
This is due to the fact that Romania is still the largest automobile production base in Europe. Cheap cars have made many people with deep pockets dare to buy cars.
Although Romania's Volkswagen faces competition in other European countries, Romania's automobile industry still has a considerable advantage due to its first-mover advantage. Especially in truck manufacturing, Romania's Dongfeng Trucks have always been synonymous with quality.
Although Romania's various industries are developing rapidly, there are still some exports that are sluggish. That is the oil industry, which has fallen into a downward trend in exports. It seems that Edel's desperate decision to open up Libyan oil has made Italy's life easier now.
Much more. Although Italy also suffered trauma during the economic crisis, Italy, led by Mussolini, was doing pretty well with the money from selling oil, and its economic decline was not obvious.
However, it is sad for the oil products exported by Romania. After losing the traditional Italian oil market, they can only find solutions in other countries. Although some markets have been opened up in Spain, Turkey, Germany and other countries, the current oil market for Libyan crude oil
It is still a strong competitor of Romania. Although Romania has a stake in Libyan oil, it is not as profitable as sharing it with others. Therefore, in the European oil supply market, Romanian oil will not have an easy life with one more competitor.
Faced with this situation, Romanian Petroleum Company is also looking for a way out. They will focus more on the research and development of high-quality petroleum products, hoping to bring more profits to the company through high-quality gasoline and diesel.
Although there is some bad news, the rapid growth of Romania's economy is certain. This has also led to government revenue reaching a new level. The total government revenue for the year was 8.67 billion lei. Although the revenue looks good, compared with the expenditure, it is
Far from it. Romania's fiscal expenditures listed in 1933 reached a record high of 12.78 billion lei. The overspending reached 4.11 billion lei, which is shocking.
Among them, infrastructure construction accounted for 4.178 billion lei, followed by military expenditure, which reached 2.133 billion lei. We will not talk about infrastructure construction, but the growth of military expenditure mainly comes from the research and development and construction of new weapons.
Among them, the navy mainly spends on warship construction and weapons research and development. In addition to the allocation for two H-class battleships this year, it also needs to fund one heavy cruiser, one light cruiser, three destroyers, four submarines and other ships.
Allocate funds. Among them, the submarines are mainly cooperated with Germany to produce small submarines of more than 400 tons.
The Army, on the other hand, conducts research and development of new equipment such as artillery, tanks, rifles, and communications. Because the amount of research and development required and the amount of equipment are large, the costs required are also high.
As for the expenditures of other government departments, they are much less in comparison, because these departments do not require large investments from other aspects. The current tight economic situation also prevents other departments from having to think extra.
