Chapter 668: The War Without Gunpowder
For the entire world, 1879 was a pivotal year. Both politics and the economy were affected by the Prusso-Russian War.
With the situation in Europe growing tense, France and Austria kept their eyes fixed firmly on the European Continent and refrained from stirring up trouble elsewhere. The British merely stuck a foot into South America, while likewise focusing their main efforts on the European Continent.
With the three great rogues all keeping quiet, there was even less to say about the other countries.
Colonial empires were all highly sensitive politically these days. With the situation on the European Continent so tense, what if things spiraled out of control because they failed to concentrate their efforts at home?
For those independent nations living from day to day, the colonial empires' restraint was undoubtedly good news. At last, they could enjoy a few comfortable days.
Once the Prusso-Russian War began, even the conflicts among the United Kingdom, France, and Austria were suppressed. For their common interests, the three great powers had joined hands early on.
Of course, this alliance of interests was not reliable. Once the international situation changed drastically, or the balance of power among the three nations was upset, the alliance could collapse like a mound of earth at any moment.
If the Prusso-Russian War's impact on the international situation lay more in its aftermath, then its impact on the global economy was immediate.
Many industries were affected, touching almost every field. Agriculture, manufacturing, finance, and services enjoyed the greatest dividends.
In the capitalist economic world, a new round of prosperity had begun. Most notably, the agricultural crisis vanished, manufacturing overcapacity ceased to exist, and the booming economy directly spurred the development of finance and services.
Although the war had only just begun and