European Financial Emperor chapter 164

European Financial Emperor 164

164 one step back (2)

The Second Battle of the North Sea between Britain and Russia took place in the Faroe Islands.

So far, the amount of food and household items that have flowed into the Faroe Islands has been enough to feed and drink a country for a year.

It was said that there were many benefits to be gained from the battle between Britain and Russia.

The continent paid attention to the Faroe Islands, and Russia and Britain burned their determination to defend it.

So the real battle began.

British Admiral Lloyd Chesterfield fought with the largest naval force in the Anglo-Russian War.

“… … This time we will win!”

The British decided to operate four additional first-generation armored destroyers at Easterfield, bringing the fleet to eight.

At present, an army with this level of naval power could not be found in Europe other than the Netherlands.

However, the British had a history of losing one destroyer in the previous war, so they were very anxious.

No matter how many guns he possessed and the ships he built of steel, there was nothing he could do if they collided with each other.

Taken from noblemtl.com

Moreover, in such a situation, it was true that even the best Russian marines had landed, so there was no point otherwise.

“Today, when we die and wake up, our destroyers are not taken away. Do you understand?!”

“Yep!”

At each destroyer in the fleet, the captains had a meeting, and they returned to cheers from Lloyd Chesterfield.

A full-fledged battle soon begins.

Boo woo woo!

“Enemy is coming from all sides!”

“How big do you think the army is?”

“First of all, we are thirteen by numbers. However, since they only have one destroyer, the battle is expected to be won by us.”

In naval battles, numbers are not the only thing that counts.

Until now, Britain had fought bravely and won many times even when it was inferior in numbers, and such appearances made Britain a country where the sun never sets.

The British naval forces went to battle based on such a thought, but they were not vigilant.

Because Russia has puzzled Britain in a way that no one has ever used before.

boo! boo!

The enemy’s flagship sounded a miracle and began to advance, and the wooden ships around it also speeded up.

All the large wooden ships they are driving now were British, and the materials in them were also British.

Chesterfield grinded his teeth.

“… … You bastards, I’ll make you regret it!”

No matter how large the army was with the power they stole from Britain, the ships they operated were British, so I did not think that Russia would have superior capabilities in terms of provisions than Britain.

This was why Chesterfield’s army was so confident in this war.

That’s how the artillery battle began.

bang bang!

“The bombardment has begun from the enemy camp!”

“Prepare for shock, and we will respond too!”

“Yes, I understand!”

If they attacked with rapid fire, the Russian Navy was at an absolute disadvantage.

The British forces stopped all at once and started firing.

Kwagwagwagwang!

Cannons fired fire from all directions, sending shells to the enemy camp.

Then some ships began to burn.

“Whoa, the firepower of our British army is far superior!”

“Are you going to advance? Or shall we shoot a little more from this spot?”

“Of course, we have to turn the enemy camp into a swampy field! Fire!”

British troops began to pour out shells non-stop.

Then the Russian navy began to disintegrate into an open formation, as if in bewilderment.

It seemed like he was going to fight after raising the distance between the ship and the ship.

“The formation becomes wider. At this rate, the number of points we can hit will be limited.”

“Does not matter. They can’t hit us at any distance anyway. If they charge us that way, they will be hit by artillery and go to the other world.”

Chesterfield was well aware that Russia didn’t have many options left.

Now it was clear that the Russian navy would drink the poisoned holy grail of advancing.

“Our flagship is one hundred and one hundred victories even if we fight with them all. Keep firing until you encounter them!”

“Yes, Commander!”

Chesterfield, thinking that he had a victory over the Russian navy, launched a slightly more powerful bombardment.

How many shots did you shoot like that?

The Russian navy eventually, unable to find any further options, began to roll its motor forward and advance.

Chesterfield was convinced he had won.

As if to prove it, the enemy seemed to plan to just unilaterally attack instead of firing cannons.

“You idiot! Keep shooting!”

The Russian naval admiral was obviously a smart man, but there was a wall he couldn’t overcome no matter how hard he tried.

Perhaps the British Navy was just that for Russia today.

The British navy continued to fire, and the Russian navy turned to rubbish in the sea in front of them.

“Floats made by the Russian Navy filled the sea! Admiral, it seems we have won!”

“Uh-huh! Like these savage Russian nomads!”

It was then that the goddess of victory seemed to be smiling at England.

From somewhere came the sound of a miracle.

Boo woo woo!

“… … what?”

“Admiral! Small assault ships are running on both sides of us! The number seems to be nearly 300!”

“what?!”

The size was quite small. No matter how large you look, there didn’t seem to be that many ships larger than a normal fishing boat.

However, because of its small size, mobility was good, and since the number of ships was 300, there was a limit to firing each of them with guns.

The small assault ship ran to the British ship as it was, and crashed into it with the thought of abandoning the ship.

Thump thump!

Then again, the sea became like an island made of wood.

The troops who rushed along the island drew swords and guns and began to charge.

“Admiral! Enemy Marines!”

“Damn it! We also prepare for hand-to-hand combat!”

Russia was somewhat ignorant, but it was driving the war into a strange aspect by implementing a strategy that only an army with large numbers of troops and supplies could do.

It was a clever strategy that was completely different from what Kaczynski shoveled in the last land battle.

Chesterfield had no choice but to admit that he had been hit by a single head in this battle.

“… … Are you suffering like this?”

“Admiral! Hurry and avoid it!”

“I can’t! After all, we have no choice but to wage a decisive battle here. If that’s the case, I won’t leave, even if I’m a ghost here.”

He had the attitude of an admiral, but that doesn’t mean that the tide will be reversed.

***

The results of the 2nd North Sea Battle were delivered to Yi Hwan.

In this battle, the news was that Russia had won a landslide victory.

“Russian strategy was very clever.”

“All the destroyers we exported fell into Russian hands. If winter comes like this, Britain will surely be defeated by Russia.”

In the past, Napoleon was defeated by advancing without thinking about the harsh cold of Russia and the fear of the vast territory.

If the Russians decided to retreat, concentrating their infantry in the capital and major cities, and insisting on retreating, the British infantry would be annihilated on its own.

On the other hand, by absorbing all of its naval power, Russia gained the ground to devour Britain.

“Now we have laid the groundwork for Russia to win the war.”

“Of course it is, but if the British forces are determined to recover their infantry and stick to a decisive fight, Russia will have no choice but to do so. Isn’t there a limit to the range of the guns anyway?”

So far, Yi Hwan has been able to unite the Arab world by quickly occupying many cities because all of their major cities are located on the coast.

Of course, although it was possible to occupy it because the Marines mobilized tanks and annihilated the enemies with howitzers, it was certain that Lee Hwan won the victory by shelling from the shore.

Russia’s acquisition of guns would certainly have been remarkable, but it would be impossible to end the war in a short period of time.

However, if time goes by, Russia may one day be able to sail up the Thames by boat.

Of course, this is only possible under the assumption that Russia can continue the war until then.

“Your Majesty, how about mediating the war now?”

“Hmm.”

“If this continues, isn’t there a possibility that Britain will surrender on its own?”

Yi Hwan thought about the side effects that would occur if Britain surrendered.

The first is that the gains he will have on London’s overseas territories will be greatly reduced.

If Britain surrendered, it was obvious that Russia would try to interfere directly or indirectly with British economy and politics.

Isn’t it natural?

They won the war, but moving the defeated country to their own taste and making a big profit was the same as the core of the war.

“Hmm… … . If Britain surrendered, Russia would try to intervene directly in London’s economic situation.”

“Will it hurt us too?”

“Of course. But the problem is not only that. The exchange rate will reverse.”

“Ah, the exchange rate!”

Eastbank has been issuing centralization along with the European Development Bank based on the currency situation of each country so far.

The value of centralization is determined by linking with major trading countries such as Britain, France, Spain, and the United States. If Britain loses the war, the value of centralization will decrease.

Since the value of the central currency is determined by the weight of the British currency, a decrease in the currency of the UK, a major trading partner, will lead to a decrease in the value of the common currency.

This was the greatest strength and blind spot of the Easterfield Federation, which chose a floating exchange rate system.

“If the exchange rate is reversed, speculative forces will surely rise. If nothing else, the situation becomes difficult when speculative forces start selling centralization.”

When the sell-off, that is, speculative forces, unconditionally throws centralization into the market, the value of centralization continues to decline.

The fall in the value of centralization was highly likely to lead to inflation, and it could also lead to a plunge in the prices of various financial products.

In addition, as a result of this, a recession came to the stock market, and East Stellar Co., Ltd. could take a hit.

Lee Hwan thought that the war could not end like this.

“If the war is unexpectedly going in Russia’s favor, we must intervene.”

“Are you thinking of supporting the UK yourself?”

“You can’t do that. It’s a tactic that’s too obvious.”

“Then how… … .”

“It is practically cutting off the supply.”

The gods tilted their heads.

“Are you talking about looting?”

Cut off the supply because there was no answer other than looting.

However, the supply could be cut off in other ways.

“No, it’s not looting. It is to sweep the grain of the Faroe Islands as we have them.”

“iced coffee!”

If the supply was not smooth, even if Russia seized naval hegemony, it could be pushed back from the war.

Lee Hwan decided to put a move in the gods.

It’s going to hit Russia in the back.

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