Portuguese Congo: Effects on Portugal?

Archangel - The Congo is not the cash cow you want to think it is and having a larger colonial empire just makes Portugal a larger target.

In the OTL, Portugal's empire was saved by the outbreak of WW1 and nothing else. If that war had been delayed by only a few years, the plans made by Britain and Germany would have come to fruition. Both those powers would prevented loans to Portugal from other nations, would have made loans to Portugal themselves which were designed in such a way that Portugal could not help but default on them.

Not pushing the Pink Map idea in 1890 and avoiding the subsequent humiliation may give the monarchy a boost, but the financial requirements of even minimal development in the Congo will most likely bring the 1892 bankruptcy forward. Either way, Portugal's government is going to take a hit.
 
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