Revolt-Revolution-Reform, Krakow seems to be on a way to self-destruction. 80% of Ashkenazic Jews and 20% of Ukrainians already left the country. Now even Polish miners could not bare the chaos and hight tax, and began their exodus. It seems that before long, Krakow will no long exist, even without foreign invasion.
Fortunately, not everybody had been doing nothing but throwing missiles at each other. Economists succeeded in a new business invention called stock exchange. The government immediately realised the importance of this invention. Quickly, the first ever IPO in Krakow took place. The company is called Krakow Fortune Capital, or KFC.
KFC is a largely state controlled venture capital inspired by the success of British East India Company. The logo is in red and white, associated to Poland's national flag. The smiley face is to differentiate KFC from British East Indian Company's brutal colonial expansion. Acknowledging that there not much space to develop in their home Polish territories, Krakow people understood that they must go beyond Europe.
Outside Krakow, lots of things happened as well. Texas lost their war against formidable Mexico. Under a humiliating treaty, Texas lost significant land and population to Mexico. France annexed Aldjazair. Russia annexed Georgia. UK is in war against Punjab. It is only a matter of time to see another annexation. Back in Europe. The Netherlands lost their war against Belgian nationalists.
KFC took the initiative to sell stock exchange invention to The Netherlands. After a hard bargain, the deal was signed. Krakow received their first colonial claim - Sandalwood in South East Asia plus a small fortune. Soon, our friend in Japan reported Shogun's interest in Sandalwood. KFC agreed to offer commercial technology and Sandalwood to Japan in exchange of Japan's colonial claims on South Sakhalin and Amami, Ryukyu.
When proceeds of the deals were sent back to Krakow, people began to realise the value of technology advance. The government decided to use most of the proceeds to establish Catholic University of Krakow, or CUK. Students, most of them Polish miners before, were requested to study theology and other subjects, therefore widely regarded as clergymen.
Together with Austria-controlled Lvov, Krakow has always been the culture centre of Poland after the partitions, because Polish were officially banned in education in Prussia and Russia occupied Poland. Now Krakow emerged to be a world class research centre by producing more than 2 RP's per month!