章 700: Chapter 273: The Warsaw Battle with No Victors

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The shifting fortunes on the Prussian-Russian battlefield directly impacted the European financial markets, which became panic-stricken. All the war bonds issued by the Prusso Federation plummeted in market value.

Anyone with a bit of common sense knew that if Maoqi couldn't turn the tide in the upcoming battles, a Prusso Federation defeat would inevitably lead to a default on their debts.

A financial winter was coming.

Prime Minister Benjamin, far away in London, felt the chill.

Sometimes, being saddled with too much debt isn't really a burden. Those fearing the collapse of the Prusso Federation the most were none other than the British themselves, aside from the Federation.

The more information he held in his hands, the clearer Prime Minister Benjamin saw the seriousness of the issue.

A defeat for the Prusso Federation wouldn't just mean loans turning into bad debt and bonds turning into worthless paper, the key issue was the trade payables owed by the Berlin Government.