Enemy and Friend Hard to Distinguish

Chapter 807: Enemy and Friend Hard to Distinguish

Although the British Government did not follow suit directly, the moment they entered their Parliament's bickering mode, they still frightened many people.

Anyone with even a little political sense knew who this was aimed at.

Once Austria lost the British and French food-consumption markets, its total exports would plummet by one-sixth.

The Russians, whose economy was dominated by agriculture, would fare even worse. If they could preserve half their trade export value, it would already be a blessing from God.

Amid brutal market competition, Russia's backward agricultural productivity would directly lose all market competitiveness because of production costs.

Yet the Tsarist Government did not dare promote new agricultural technologies, because production capacity did not equal profit. If grain could not be sold, no matter how high the yield, it would all be futile.

They did not even dare pursue industrial upgrading, much like Austria during the previous agricultural crisis.

Limited by the level of domestic economic development, Franz had to proceed cautiously even in developing animal husbandry, afraid that another overcapacity crisis in livestock production might strike.

Austria's great expansion of animal husbandry had only emerged over the past two or three years. The main reason was still economic development and the increased purchasing power of the people.

First came market demand, then commodity production. That order could not be reversed, or serious trouble would follow.

The Tsarist Government was anxious, and so was the Vienna Government. The Russians were genuinely anxious; the Vienna Government was merely putting on a show.

Their diplomatic slogans shook heaven and earth, and the government's maneuvers were as fierce as a tiger's, yet the actual effect was only 0.5. It looked as though they had fallen into frantic disarray.

For example, after the French announced the