Chapter 831

It is still the conference room of the headquarters building of "eye of wealth".

The air field is oppressive, the air is dignified, and even the candle fire of the whale oil candle on the wall is very dim.

"Vote!"

Chairman William orange's low voice echoed in the spacious conference room.

However.

Every Frisian here knows very well how important credit is to himself, to the major institutions, and even to the whole nascent "lowland Republic".

Over the past hundred years, behind the prosperity of Commerce and shipping in the kingdom of Frisia, it is the reliable image of Frisian merchants that is as precious as gold!

All this comes from a true story before the age of great navigation.

A Frisian captain named Barents and 17 sailors were stranded on an island of Northern Iceland in the icy sea, while they were carrying their clients' cargo.

For eight months alone.

in the meantime.

They took down the deck of the ship for fuel to maintain their body temperature in the freezing temperature of minus 40 degrees. They hunted for fur and food to survive.

In such a terrible dangerous situation, eight of them died one after another.

But these Frisians did something unimaginable to outsiders, and did not touch the goods entrusted to them by the guests, even if there were clothes and medicines that could save their lives!

As winter went on and spring came, the surviving crew went through all kinds of hardships and finally brought the goods to the destination intact and delivered them to the client.

At the cost of their own lives, they stick to their faith and create the business rules handed down to future generations, which is also a precious wealth left to future generations.

At that time, this practice also brought obvious benefits to them and all Frisians, that is, they won the world market of maritime trade.

Obviously, no one can casually succeed.

Who is not willing to give his goods to such a group of people who can protect it with their lives?

This is a story familiar to every Frisian as a child, and even an important part of the soul building process.

Credit is more important than gold!

If we lose credit, what will be left of the lowlands with small land area, lack of resources and even inadequate population?

Therefore, although the tone is heavy, there is no accident in the resolution.

"Honor the contract!"

"Secondment!"

"Secondment!"

Of course, pursuing profits is the nature and original sin of capital.

Even if you agree to honor the contract, it doesn't prevent the adults in this room from secretly planning to deal with the florists and planters.

It's not easy to move at this critical moment.

However, as long as they are out of the limelight, they have thousands of ways to use "legal" means to make those lucky upstarts spit out what they have eaten!

......

A farce lasted no more than a year.

Although the "eye of wealth" transferred funds from branches of various countries, even sold high-quality assets for cash around the world, and gritted its teeth to honor the futures contract, it was a complete end.

But this hitherto unknown bubble has injured in the sinews or bones of many banks and investment institutions, and even more radical institutions have declared bankruptcy.

However, the subsequent impact is far more than that.

When the private capital is reaped, the upper level organizations will suffer.

Real money and silver flowed out of the country, and the major banking groups had to shrink money in the "lowland Republic".

Money: used to reflect the supply of funds. If there are more borrowers and less lenders in the market, that is, the supply of market funds is less than the demand, it is called "tight money".

Even the precious metal money supply needed by people's daily life has been affected.

Of course, the economic revitalization policy promulgated by government premier Constance Harlan since he came to power last year has immediately become a dead letter.

This "tulip bubble" inevitably exceeds the financial sector and is transformed into a shock to the real economy.

Those manual workshop owners, farmers and small factory owners who used to get low interest loans from banks are unable to repay their debts or borrow new ones to repay the old ones after the loan matures.

A big wave of bankruptcies spread to the production field.

The economy of the "lowland Republic", which has just gained independence and is about to flourish, has been hit hard.

Factories are deserted and people are in dire need. It is doomed to be a great depression lasting for many years.

The most important thing is

The ordinary world is bleak and scattered, and the extraordinary world is hard to be alone.

Click... Click

With a few crisp sounds in succession.

Two deep cracks burst on the cheek of the golden "angel of prosperity" statue in the Cathedral of wealth, as if crying.

Even the gold paint on the body is mottled, emitting the decay that cannot be concealed.

"God

"The absolute God!"

"Angel of prosperity, Lord of gold, ruler of capital..."

A large group of the clergymen kneeling on the ground were in mourning and howling.

Compared with the previous days of high spirited, the situation is simply heaven and hell.

Obviously, after the road moved, the capital clergy became the "God of capital and wealth" of the main clergy, because the heavy losses of domestic capital could not escape the fate of being eaten back by capital.

Backfire comes from the [capital] clergy, and also from the resentment of all the believers who have suffered heavy losses!

Archbishop Barrett's body trembled slightly. He didn't know what the real situation of his God was.

But what he knows is that if he can't understand the nature of this incident, he will let the financial market storm at random, and then he will do it every three or five years.

It's not impossible to be the God King of this era, or to be dragged down from the throne of the true God.

......

In contrast to the miserable wind and rain on the other side, it is the laughter of a port in the kingdom of faletis.

Dong!

A large merchant ship slowly landed on the shore. The big winners of the "tulip bubble" openly joined the alliance under the escort of the French work in just ways.

No one is a fool. Most of the planters and florists are looking at Livina's expectant eyes when they get the final payment. Elvin has already understood what watt is planning.

"Is it the crystallization of the steam industry era to build a ship?"

He agreed:

"OK, no problem. I just want to witness the birth of a concrete truth."

......

White Swan Castle.

The hot spring water introduced from the "cotton fort" flowed "and the translucent fish water element spirits roamed freely in the air.

Four smooth marble pillars hold up a beautiful dome with a rising sense, floor mirrors inlaid with gold, swan shaped brass water outlets and lotus flower sprinklers. Every detail expresses unspeakable luxury.

It's winter again.

Elvin and Olivia, who are used to enjoying themselves, are enjoying the hot spring in the round bath made of warm yellow marble.

"Ai Wen, I have never understood why everyone in this bubble is willing to pay for what is obviously deviated from value."

After eating the grapes Olivia brought to her mouth, Elvin shares with his wife a secret that he may not even know for a while

"Hey, the answer is people's expectation!

Whether they are big capitalists or proletarians.

The two weaknesses of human nature are greed and fear. The former refers to blind bullish expectations, while the latter refers to blind bearish expectations

"Tulip" itself is just a symbol. It carries the confidence of speculators in the market, which can also be called "greedy expectation".

Not only tulip, but also many other objects can be exchanged.

Speculators all expect that the next trader will take over the high price. Most of the traders lose the ability to judge the value objectively in the "soaring environment", but are willing to be fools.

We can use a simple "fight theory" to describe: in a series of drumming and passing flowers, the terrible thing is not to be a fool, but to be the last fool, which can also be called "Bo fool theory".

"This is just the beginning. I dare say history will repeat itself again and again. No one will learn from it.

At the beginning of the next drumming, those "smart people" will not keep away from it, but try their best not to be the last fool.

I will take this period of "tulip foam" specially for a course, to the National University to lecture, then you can also listen to.

Some things, even if they do not do, others will do, of course, the relevant talent pool is very necessary.

This is a winner take all.

Even if it is not possible to achieve the freedom of wielding the sword, it is no longer as stingy as it used to be. When it's time to move, you can wield a sword without hesitation.

There are still many things that can be done after obtaining a large amount of gold and silver reserves. However, Elvin has more important things now.

"By the way, my little hessie, I remember we made a bet, didn't we?"

Take your wife slowly in your arms, let her smooth white back stick to her solid chest, and kiss her swan like neck and crystal clear earlobe.

With a dangerous hoarseness in his voice:

"I want to see you wear..."

The girl's face, like white jade, was flushed, but she didn't default on her debt. She murmured like acquiescence.

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