It was still in the conference room of the Eye of Wealth headquarters building.
The atmosphere was oppressive, and the air was heavy. Even the flame of the whale oil candles on the wall seemed particularly dim.
"Let's vote!"
Chairman William Orange's deep voice echoed in the spacious conference room.
However.
Every Frisian in the room knew very well how important [Credibility] was to themselves, to the major organizations, and even to the entire newly born "Lowland Republic."
In the past hundred years, behind the prosperity of the Kingdom of Frisia's trade and maritime development, it relied on the Frisian merchants to create a reliable image that was as precious as gold!
All of this originated from a true story before the Age of Navigation.
A Frisian captain named Barents and 17 sailors, driving a merchant ship carrying the client's goods, were trapped on an island in the northern Icelandic country by the frozen sea.
He waited for eight whole months, alone and without help.
During this period.
They tore down the deck of the ship to use fuel to maintain their body temperature in the cold of -40 degrees Celsius. They hunted for fur and food that barely survived.
In such a terrible and dangerous situation, eight of them died one after another.
But these Frisians did something unimaginable to outsiders. They did not touch the goods entrusted to them by the client, even though there were clothes and medicine that could save their lives in these goods!
Winter passed and spring came. The surviving crew members went through untold hardships and finally brought the goods to the destination in good condition and delivered them to the client.
They used their own lives as the price, adhered to their beliefs, and created a business rule that would be passed down to future generations. It was also a precious wealth left for future generations.
At that time, this approach also brought obvious benefits to them and all Frisians. That was, they won the world market for maritime trade.
Obviously, no one could succeed so easily.
For merchants from all over the world, who would not be willing to hand over their goods to such a group of people who would protect it with their lives?
This was a story that every Frisian was familiar with when they were young. It was even an important part of the soul formation process.
[Credibility] was more important than gold!
If they lost [Credibility], what would be left of the Lowland, which had a small land area, scarce resources, and not even abundant population?
Therefore, although the tone was heavy, there were no surprises in the resolution.
"Honor the contract!"
"Seconded!"
"Seconded!"
Of course, pursuing profits was the nature and original sin of capital.
Even if they seconded the agreement to honor the contract, it didn't stop the big shots from secretly plotting to make a move on the flower farmers and plantation owners.
Now that everyone was looking at him, it wasn't a good time to move.
However, as long as this storm was over, they had thousands of ways to use "legal" means to make those lucky upstarts spit out everything they had swallowed!
.....
The farce lasted for less than a year.
Although the Eye of Wealth had transferred funds from its branches in various countries and even sold off high-quality assets all over the world to cash in, it gritted its teeth and paid the futures contract, putting an end to it completely.
However, this unprecedented bubble also caused many banking groups and investment institutions to suffer severe losses. Some relatively radical institutions even declared bankruptcy.
However, the subsequent effects were far more than that.
When the private capital was harvested clean, the upper echelons also suffered losses.
Real money was flowing out of this country in large quantities, and the major banks had to shrink their deposits in the Lowland Republic.
Yin Gen: Used to reflect the financial situation. For example, there were more borrowers than lenders in the market, which meant that the market's supply of funds was less than the demand. It was called "tight supply."
Even the supply of precious metals needed for the people's daily lives was affected.
Of course, the economic revitalization policy enacted by Prime Minister Constance Harlan when she took office last year immediately became a dead letter.
This time, the "Tulip Bubble" inevitably went beyond the financial sector and transformed into an impact on the real economy!
The artisans, farmers, and small factory owners who had received low-interest loans from the banks were unable to repay their debts after the loans expired, and they couldn't borrow new money to repay the old.
A wave of large-scale bankruptcies spread to the production sector.
The Lowland Republic, which had just gained independence and was about to flourish, had its economy hit hard and suffered heavy losses.
The factories were abandoned, and the people's lives were in decline. It was destined to be a great depression that would last for many years.
The most important thing was …
The mortal world was bleak and desolate, and the transcendent world couldn't be left alone.
Crack … Crack …
Following a series of crisp sounds.
Two deep cracks suddenly appeared on the face of the golden "Angel of Prosperity" statue in the Wealth Cathedral, as if it was crying.
Even the golden paint on its body was mottled, emitting an unconcealable sense of decay.
"God!"
"God with full authority!"
"Angel of Prosperity, Lord of Gold, Ruler of Capital …"
A large group of clergymen kneeling on the ground wailed as if their parents had died.
Compared to the high-spirited mood a few days ago, the situation was like heaven and hell.
It was obvious that the God of Capital and Wealth, whose [Capital Priesthood] had become the main priesthood after the path migration, could not escape the fate of being counterattacked by the [Capital] due to the heavy loss of domestic [Capital].
The counterattack came from the [Capital] priesthood, and also from the resentment of all the believers who had suffered heavy losses!
Archbishop Barete's body trembled slightly. He was not clear about the current situation of his Lord God.
But he was clear that if he could not understand the nature of this incident, and allowed the financial market to explode randomly, this would happen every few days in the future.
Not to mention the God King of this era, it was not impossible for him to be dragged down from the throne of a true god.
.....
In contrast to the bleak weather on the opposite side, there was laughter at a port in the Kingdom of Faletis.
Dong!
A large merchant ship slowly docked. The big winners in the "Tulip Bubble" openly joined the alliance under the protection of the Faletis warship.
No one was a fool. Most of the plantation owners and gardeners boarded the merchant ship to the Tulip Alliance as soon as they received the final payment, causing all the follow-up measures of the big capitalists to hit thin air.
As for how many of these people had been replaced by [Faceless] at the beginning of the "Tulip Crisis", only Elvin himself knew.
Clap! Clap! Clap!
Sitting in St. James's Palace, Roland clapped his hands lightly and smiled at Levina, who had a look of admiration on her face.
"Your Beautiful Majesty, since the Frisians are so committed to the contract, why not go and buy the high-quality assets of the 'Lowland Republic'? Even if it's not as good as zero dollars, it's still a clearance sale.
This is a good opportunity to step into the economic lifeline of the lowland. "
"Hahaha … Then I won't hold back."
Hearing that Elvin was willing to bring her along to play, Reevena immediately beamed with joy.
He suddenly thought of something and reminded him, "Don't worry.
"By the way, Elvin, Mr. Mennon Watt just sent a message. He wants to choose the promotion location of [Truth Concretion] in the kingdom.
He wants to manually complete the steam industry revolution so that he can borrow the power of [World's Favor].
I still remember you promised me that as the price for the [Emerald Corona], when the kingdom has enough materials, you will help the kingdom build a new legendary warship for free, right (Chapter 619)? "
Looking at Livena's expectant eyes, Elvin's heart skipped a beat. He already knew what Watt was planning.
"Build a crystallization of the steam industry era?"
He immediately agreed.
"Okay, no problem. I also want to witness the birth of a [Truth Concretion]."
.....
White Swan Castle.
The hot spring water from the "Cotton Castle" flowed, and translucent fish water elemental spirits wandered freely in the air.
Four smooth marble pillars supported the exquisite dome with a sense of ascension. The gold-inlaid floor mirror, the swan-shaped brass outlet, and the lotus flower shower. Every detail expressed indescribable luxury.
It was the winter of the year again.
Elvin and Olivia, who were used to enjoying themselves, soaked in the warm yellow marble pool and leisurely soaked in the hot spring.
"Elvin, I don't understand. Why is everyone willing to pay for goods that are obviously deviating from their value in this bubble?"
Elvin opened his mouth and ate the grape that Olivia's slender hand sent to his mouth. He did not hesitate to share with his wife the secret that perhaps even the gods did not understand.
"Hehe, the answer is the expectations of the people!
It doesn't matter if they are capitalists or proletarians.
The two major weaknesses of human nature are greed and fear. The former refers to blindly optimistic expectations, and the latter refers to blindly pessimistic expectations … "
The "tulip" itself was just a symbol. It carried the confidence of the speculators in the market, which could also be called "greedy expectations".
Not only tulips, but it could also be exchanged for many other objects.
Speculators expected the next trader to take over the ridiculously high price. Most traders lost the ability to objectively judge the value in the "soaring environment" and were willing to be fools.
It could be described with a simple "fighting theory": in a series of drumming and passing flowers, the scary thing was not being a fool, but being the last fool. It could also be called the "fighting theory".
"This is just the beginning. I dare say that history will repeat itself again and again, and no one will learn from it.
When the next round of drumming and passing of flowers began, those 'smart people' would not keep a respectful distance from it. Instead, they would think of ways to prevent themselves from being the fool in the end.
I will make a special course on the 'tulip bubble' this time and take it to the National University to teach. You can also listen at that time. "
There were some things that others would do even if he did not do it himself. It was necessary to have the relevant talent pool.
This was simply a winner takes all.
Even if he could not achieve the freedom of swinging the [Libra Equalization Holy Sword], he was no longer as stingy as before. He could swing the sword without hesitation when it was time to strike.
After obtaining a large amount of gold and silver reserves, there were still many things that could be done. However, Elvin now had more important things to do.
"Oh right, my little Hesse, I still remember that we made a bet?"
He slowly hugged his lovely wife in his arms and let her smooth white back stick to his firm chest. He gently kissed her swan-like soft neck and crystal clear earlobes.
His voice was dangerously hoarse.
"I want to see you wear …"
The girl's white jade-like face was crimson, but she did not go back on her words. She let out a low murmur of silent consent.
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