How could they obtain enough gold?
This was the greatest problem facing the Bulgarian government. With enough gold, they could print enough banknotes to meet the needs of market circulation.
It would both promote commercial development and raise sufficient funds for the government, resolving the fiscal crisis!
Ferdinand left it at that. If he had to explain everything in detail, what was the point of having subordinates?
As for what came next, he trusted that the Ministry of Finance would know what to do. They were, after all, Bulgaria's most outstanding financial figures. Could they possibly not know who in Bulgaria held gold now?
After considering it, Ferdinand decided to say it anyway. Solemnly, he said, "In addition, the loan cannot be put on hold. It must be secured in the first half of this year! Looking at the international economic situation, the world has enjoyed prosperity for nearly six years, from 1893 until now.
"Judging by the current circumstances, there have recently been some unusual developments in the Russian stock market. Some people probably think the wheat is ready for harvest. Future market fluctuations are very likely to trigger a financial crisis in Russia.
"Our economy is now tied to the Russians'. Once turmoil strikes the Russian financial market and an economic crisis erupts, it will be difficult for us to remain untouched as well!"
Upon hearing Ferdinand's words, everyone's expressions changed drastically. The past few years had been a period of rapid growth for the capitalist world economy, and Bulgaria was no exception; its economy had been expanding at a furious pace.
Now, someone was suddenly saying that the economic bonanza was over and an economic crisis was about to erupt. How could they not be worried?
Especially since Bulgaria was still in the midst of large-scale immigration.