Aristocrat Insurance Group (Kalopia)כֶּסֶף | Keshef-
Yeudish Neset transitions to the LFR in landmark change for global tradeDecember 5488Tel Bira, Beiteynu - Make no mistake, the
Beiteynuese economy itself is a house of cards, in the sense that it's primarily a hub for international capital from across the
Yeudish Neset; a financial empire built on leveraging debt and risks by the merits of investor confidence and venture capital primarily reliant on foreign and international markets. Money that just happens to pass through and cross paths with Tel Bira, the network's heart.
A network built on top of the Yeudi Heritage that's spread across the continents and pursued very aggressively by Yishelem.
The 60B in Kundratijan-Beiteynuese net trade that cracked during the war with Lourenne has never been Kundratijan-Beiteynuese, per se; it is Kundratijan-Yeudi, summing its volumes across dozens of countries.
Which is the reason why the war and its events have been absolutely devastating to the network's confidence, stagnating it for more than a decade now. A 2 trillion LFR loss in GDP is simply the tip of the iceberg, dangerously hiding the fact that Yeudish shipping in Seleya essentially collapsed, with the loss of the Kundratijan commercial pulse - a major Yeudish hub for centuries, representing the financial and shipping industry's chink in their armour.
Simply put, Yeudish money is mostly not Beiteynuese.
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Almost all industries in Beiteynu, be it domestically based (i.e. manufacturing) or internationally based with presence in domestic markets (i.e. shipping), are tied to international capital; because there's a cap on what a 30M something population living in a mostly arid wasteland can do.
That's not to say that the above average wealth of the Beiteynuese is inconsequential; but its all intricately tied to everyone else's money.
Hence the reason why the Jacobstone Administration immediately pursued aid via the Bannerpakt, in essence capitalising on the lingering momentum of a post-war economy. That, however, benefited Narikaton and Darnussia's GDP more than it did Beiteynu's, as Bannerhafen's independent network poured capital in the Beiteynuese defence and manufacturing industries, thus, increasing its own footprint and marketshare in the Yeudish Neset.
The same thing applied to the oil and gas industry in Beiteynu; it's, yet again, a "trade front" for the Vamaj Network. Despite the collapse of Yeudish shipping in Seleya, Lourenne's, Gaduridos's and Aldegar's entry to it balanced the scales in terms of the volume of trade that kept going through Tel Bira.
Once again, money that's not Beiteynuese.
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Beiteynu's
decision to join the LFR is neither surprising nor counter-intuitive. Yeudish financial institutions have long been tied to the LFR and the Canrillaise, with Ashalon Bank BEIFG's and Aristocrat Insurance Group's (to mention a few) vaults having leveraged Lourennais capital for centuries.
On paper, the world's 2nd largest economy binding its currency to the world's 1st looks like an isolated deal between two markets. But if you zoom out and consider Lourenne's Treaty of Villacourt's extensive background reach, you'll realise that the actual deal is not what it seems.
A Lourennais-Yeudi footprint on international markets acting as a background amplifier for international markets themselves.
It's a global network now running on a global currency.
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As the Yeudish Neset begins to transition its currency medium to the LFR across more than 25 countries around the world, it begs the question whether sources like the
Vandam Report should even consider the virtual nature of the Beiteynuese economy and its trade-based GDP.
And instead tell the "actual truth": that the Yeudish Neset's wealth, volumes and capital is mostly not Beiteynuese.
It's Narik and Darnussian, Dundorfian, Kundratijan, Hobrazian, Selucian, Aldurian, Gaduri; and so forth.