The young man Ansehelm stands and speaks
"Mein Kaiser, mein Prinz und meine Herren, some of you have spoken the wish to modernise our Household armies. While in itself this is a good idea we must remember that we will spend loads of money in what will happen the following years. We wish to make peace with the Milanese, however if they refuse we want to send an expedition to attack them. We wish to attack Krakow, and for this we need seige weapons. We wish to attack the French and in order for this to succeed we need to spend money. We wish peace with Venetia, but if they refuse we want to attack them as well.
And I'm not even speaking of our crusade against the Muslim.
This all means we are spending a great amount of money on warfare and making peace, while at this we are also spending money on upgrading the armies that need to attack.
I suggest we first have our armies attack and see what we're left with. That money can then be put into replacing the armies. Units of obsolete soldiers that have recieved many damage can be retreated to cities and serve as garrisons, while they are not reinforced by new units and merge with other damaged units. Their places can then be taken by the new units. This is the cheapest and most effective way if we want to stay our of the red."
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