The insider trading behind the scenes continued, and the casualty report of the European War was finally released. There was no doubt that both sides suffered heavy losses, and the war was the most tragic in history.
According to the statistics of the Government of Vienna, the war directly caused the European continent's population to drop by more than 12 million. In addition to the more than four million immigrants who left, the rest died in the war.
Statistics:
Among them, the anti-French alliance had 2.377 million soldiers killed, and 1.92 million civilians died. (Including those who died later) The specific data is as follows:
Austria: 742,000 soldiers killed, 28,000 civilians died; (including colonial war)
German Confederation: 582,000 soldiers killed, 587,000 civilians died;
Belgium: 273,000 soldiers killed, 556,000 civilians died;
Spain: 21,000 soldiers killed in action (civilian deaths negligible)
Switzerland: 6,000 soldiers killed in action (civilian deaths negligible)
Kingdom of Sardinia: 176,000 soldiers killed, 465,000 civilians died; (including guerrillas and local insurrection forces)
…
France: 3.206 million soldiers killed, including 1.368 million colonial soldiers, 417,000 Italian soldiers, 1.421 million native soldiers, and 886,000 civilians died. (including civil war)
Looking at the group of cold data in his hand, Franz sighed. In addition to the slightly shorter duration, the war was no less tragic than the war in the original timeline.
In particular, the number of civilian casualties was far higher than the war in the original timeline. In addition to the wide spread of the war area, more importantly, it was caused by the expulsion action.
Even the Government of Vienna's immediate rescue action did not reduce the death rate by much.
The old, weak, sick, and disabled couldn't withstand the torment. Many people who were not strong enough fell on the way and didn't have time to receive help.
The statistics only included the number of civilian deaths in the European continent. If the number of civilian deaths in the colonies were included, the final number might double.
With so many deaths, there was no need to mention the casualties. Because the number of casualties could be accumulated, it was easy to repeat the statistics. Anyway, it was impossible to be accurate, so the Government of Vienna was too lazy to waste the effort.
After a while, Franz said emotionally, "From the current situation, France is basically useless! If there are no accidents, they won't be able to recover in 30 years. "
No matter how you look at it, the current situation of the French is worse than the original time and space.
Although they also suffered heavy losses in the war in the original timeline, France was the victor and obtained the war benefits. Their colonies and homeland were not damaged.
But now, it was different. Not only did they suffer heavy losses, but they also lost all their assets. What awaited them next was a long life of debt repayment.
Even if they wanted to emulate Germany's rebirth, France did not have the capital to revive. Not to mention the collapse of the domestic economy, more importantly, they did not even have the population to revive.
As the protagonist of the European War, France's population loss was not small. More than two million people had died directly, and the number of people who were injured was probably not much lower. Adding the number of immigrants who left, the number was even greater.
Based on his experience, Franz could conclude that there was a gap in France's labor force, especially a sharp shortage of men.
If these problems could not be solved, France's population would decline for a long time to come.
This point can be seen by looking at the people in Russia next door. It was originally the country with the highest birth rate in Europe, but after several wars, the birth rate dropped rapidly and even showed negative growth.
The Hairy Bear was able to recover in just a few years because Russia's fertility was high, and the French people were not keen on making babies.
If the economy could not get better, it is estimated that the birth rate of France after the war would hit a record low.
The population growth rate of France after the war in the original timeline was a very good reference. In 20 years, it increased by more than one million people. After excluding the population growth brought by immigrants, the population growth rate of France was directly negative.
In the era of Industry 2.0, if there was a lack of labor force, then there was no need to think about anything. Austria was able to become the world's number one economic power because it far exceeded its competitors' population.
If Austria was like France and fell into a population bottleneck in the 19th century, no matter how hard Franz worked, he would not be able to create a big empire.
"The French still have some wealth. As long as this war is over, they can still maintain it.
Now the worst is Belgium and the newly independent Italian states. Their economies completely collapsed in the war, and they are a complete mess.
If it weren't for our support, they would have starved. To restore the economy, the difficulty is no less than another European war. "
It can be seen that Prime Minister Carr is now having a headache. During the war, it is naturally better to have more allies. It is definitely advantageous to swarm in than to fight alone.
After the war, the situation is completely different. In any case, everyone has squatted in the same trench. They have carried guns together and shed blood together. When the younger brother can't survive and comes to ask for help, it would be unreasonable not to help.
It is not a problem to help, but the key is that it is not something that can be helped. The trauma left by the war is too great. Whether it is Belgium or the Italian states, they are now poor.
When can they be self-sufficient, this question cannot be answered. In any case, without a few years, they will not be able to recover.
As the biggest winner of the war, the outside world only sees the glory of Austria. No one knows that the Government of Vienna is short of money.
Although the war is over, the debt of the Government of Austria is still rising rapidly. Domestic aftermath work needs money, reconstruction of the Rhineland region needs money, unification of the German Region still needs money, support for younger brothers still needs money.
If it is not for the title of "hegemon", the capital market's confidence in the Government of Austria has risen to an unprecedented level, the Government of Vienna is now not far from a financial crisis.
Franz rubbed his forehead, "We can't give money directly. The war is over, they must learn to be independent. After the Vienna Peace Conference is over, we will have a showdown with them.
If they want to obtain funds, they will have to follow the rules of the market. We can issue bonds for them, we can also issue bonds for them, but the interest will be determined by the market. "
In fact, the assistance provided by Austria has never been free. But compared to the capital market, the funds provided by the Government of Vienna are the highest conscience of the capital.
"Interest-free loans" without any conditions attached, there is no other creditor in the world with such a conscience.
But this "conscience" has a time limit. In order to fight against the French during the war, the Government of Vienna is naturally full of "conscience." Now that the war is over, the "conscience" has been used up.
Frankly speaking, if it is not for the fact that there are too many banknotes printed before, and the worry about the ability of the countries to repay, it is fine to continue to issue interest-free loans.
After all, what is being lent is Aegis, not gold. Since they have taken Aegis, the post-war reconstruction of the countries cannot be separated from Austria.
Through trade, most of the money will flow back to Austria, promoting the economic development of Austria, the Government of Vienna does not lose.
Unfortunately, during the war, the Government of Vienna has started to print money, and now there is a surplus of Aegis in the market.
If he continued to play like this, it would obviously be inappropriate. If there is a problem in any of the links, inflation will be a matter of minutes.
In order to stabilize prices and the value of Aegis, the Government of Vienna has to find ways to recover the excess banknotes in the market, such as issuing bonds.
In this context, the debt of the Government of Vienna is naturally increasing day by day. But compared to the currency hegemony of Aegis, this price is not worth mentioning.
After all, there is still a competitor – "Sterling", and it is far from the time to act recklessly.
Economy Minister Reinhardt reminded, "Your Majesty, the current information is very special. Because of the war, the outside world is skeptical about the ability of the Belgian and Italian governments to repay.
Coupled with the recent French debt default and German Confederation debt default, it has stimulated the capital market, and now the market is in a state of caution.
Unless we provide them with a credit guarantee, they will not be able to obtain financing in the capital market.
The risk is very high, and according to the analysis of the information we have collected, the probability of Belgium and Italy defaulting on their debt is as high as 90%. "
Even though he was prepared and knew that this is a high-risk deal, the risk is very high. But after hearing "90% probability of default", Franz was still shocked.
Gambling can't be played like this, no wonder no one is interested in the capital market.
If Austria provides a guarantee, the probability of default is as high as 90%; if it is an ordinary financial institution, the probability of default is less than 100%.
After a slight hesitation, Franz decided to take the risk. After all, they are all allies, and the Government of Vienna can't watch them die!
If this group of brothers is really finished, and the new brothers are supported, who can guarantee that the new government will continue to implement the pro-Austrian policy. If the British swindled them away, Austria will suffer a great loss.
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