The worst part is that Mi Di has no experience in all this. In other words, people can't learn lessons until they are beaten to death!
With the emergence of tiered banks, the difficulty of borrowing money is different from that in the past; and there are banks that are adding fuel to the fire behind the scenes due to performance pressure. How many people really realize that the money borrowed today will have to be repaid tomorrow?
Without lessons learned and no stopping power, it is inevitable that the future will be overdrawn.
When a large number of overdrafts occur, and banks begin to target collateral and borrowers for their own profits, the entire society will inevitably be turbulent. Many things that are considered fundamental and important are taken into the hands of banks, including borrowers.
'myself'.
What choice will those who were originally in power make at this time?
Because of someone's deliberate actions, the bank is separated from those in power, and even has a vaguely antagonistic attitude. The two parties can cooperate, but no noble lord, even king, or emperor can override the goddess of gold coins and order the goddess to do anything.
matter.
In addition, the finance of Lost Land is still in its early stages. As a noble lord with military responsibilities, he is usually not very wealthy in terms of liquidity. Even though there are no wars between countries in this era, threats from nature still exist.
To guard against monsters, uncivilized Homo sapiens, and protect the survival of civilization, some lords choose to form their own armies, while others entrust adventurers' guilds or mercenary guilds to do so. These all require real money and silver.
Therefore, those wealthy businessmen and country gentry who had spare money had the confidence to establish cascading banks, and they could easily lend funds to the nobles and do a business that was sure to make a profit without losing money.
Therefore, the establishment of nested banks and the main depositors came from the private sector. The nobles were too late to do anything, so how could they have spare money?
Midi loans are all short-term, one year, two years, and up to three years. When the first wave of loans matures and it is time to repay, many people suddenly find that they have enjoyed themselves and have done all the things they need to do.
, but there is not enough income to repay the loan!
You must know that the loan interest rates in Midi are still the same as in the past. That is, borrow one and pay back two. The better thing is that the interest is 60% of the principal. This kind of scary loan sharking!
However, do the investment returns from supporting public construction and private investment really reach such a high level? This does not even discuss those failed investments.
So when the noble lords found themselves the target of debt collection by the lowly businessmen who now called themselves bankers.
His own subjects no longer belong to him, and a large amount of assets have been transferred to the hands of bankers. Even his own subjects have become the bankers' people. Although there is no such thing as "slave" anymore,
But the change in their status is similar to that of slaves.
At this time, the emperor of the Gwana Empire lamented the suffering of the people, implemented virtuous policies, and allowed everyone to forgive their debts. Who would not be willing to implement this order!
And this is the biggest failure of the emerging hedge banks, the separation of finance and power.
Thinking about the Chinese and foreign history of my hometown, the most famous person in China is Lu Buwei, and everyone knows the outcome. And the most famous foreign lending group is the European Knights Templar.
Putting aside those unverifiable legends, the Knights Templar relied on the Crusades to quickly gain an advantage in Christianity. In particular, religion is particularly good at making money, allowing the Knights Templar to have sufficient funds to lend, forming a European
The original banking model.
At that time, the Knights Templar not only lent money to nobles, but also lent it to kings of various countries. They were very wealthy. With such a powerful military force as the Templar Knights, and with the support of the Pope, they were unstoppable.
It can even influence national or regional policy affairs.
It stands to reason that the Knights Templar should be able to develop into a transnational trust and become the black hand behind many puppet countries. But the fact is that the Knights Templar were taken over by King Philip IV of France who wanted to default on his debts.
Since then, the Knights Templar have become legend, in every sense of the word...
It was Venice in Italy that continued the lending business of the Knights Templar, which is also recognized as the starting point of modern banking in history.
After that, the bank was just like the situation in my hometown. It has always been the pocketbook of the powerful. When anyone was short of money, they would dig out a handful. If it was too fat and there were concerns about shaking the country's foundation or overriding oneself,
Then just kill a bunch of them and copy them. People like Shen Wansan, Hu Xueyan and others.
Until World War II, the tragedy in the financial world could be said to have reached its peak. One of the factors in the rise of anti-Semitism was that the actions of Jewish wealthy people were too offensive.
It is true that a small number of people cannot represent an entire race, but it is also true that they have become an excuse to raise the butcher's knife. In the end, it caused the death of millions of innocent people and the suffering of many more people.
Then, it was as if capital had turned over and became the mastermind behind the world, controlling the lifeblood of many countries.
Maybe not all of them are under direct control, but everyone has to follow the rules of the game designed by these capitals. The result is like a group of basketball club players from elementary school to university forming a team to face off against the NBA Dream Team. No one can win.
To be played with.
Perhaps this type is the ultimate goal that the fellow who first founded the layered bank wanted to achieve. And he also implemented it seriously.
But that person made a mistake that most people make, which is to use his own eyes and concepts to look at a different world.
In my hometown, the reason why capital can run rampant without hindrance is because the rules of the game in the entire world are like this. Anyone who wants to break the rules of the game will have to face the lessons of the super-state controlled by capital - Emperor Magnesium.
How strong is the Magnesium Emperor? Based on the impression of some time travelers, comparing the military budgets of various countries in 2004 AD, the Magnesium Emperor is equal to the second-ranked country plus the 32nd, with a total of thirty-one countries’ military budgets.
The total is approximately equal to one magnesium emperor.
Maybe the military budget is not the same as military strength, but it can be regarded as a relatively intuitive comparison number. However, it is such a country that is controlled by capital. This allows the financial group to reveal a face that has not been seen in thousands of years of human history.
.
It can be said that without the support of Magi Emperor, the tragedy of the Jews, Shen Wansan, Hu Xueyan, etc. will happen again and again. But after these people escape from their tragic fate, will the world really become better? Or is it true?
Has the victim become the perpetrator?
Let’s not mention things that are too far away, let’s just talk about meeting that guy who may be a fellow countryman in a mysterious place. He may think that he is still in a world with the support of Emperor Magnesium, so capital can do whatever he wants without restraint.
Unexpectedly, I was served by a German government order!
In the history of my hometown and abroad, this kind of thing has only appeared in the island country next door.
As a country that has actually implemented militarism since the Kamakura shogunate, the emergence of Tokoku decree is actually not a good thing.
To put it simply, some lower-level warriors and people were living in poverty and needed to borrow money to survive. When they were in debt and couldn't borrow anymore, the people above took the initiative and wrote off the debt.
At this stage, the only ones who seem to be losing money are businessmen and wealthy people who lend money. In fact, life has not gotten better, the economic environment is still very bad, and these people at the bottom still need to borrow money to live.
However, after defaulting on a debt once, those rich people would not dare to lend money to these people who will default on their debts, or are destined to default on their debts. The result is that they could still borrow money to survive, but now they cannot even borrow money, and there is only a dead end. .
To put it bluntly, in real history, the German government decree was just a policy of drinking poison to quench thirst, and it did not end well.
But the situation in Midi is different. Midi's lending is an alien product that was urged out by the banks and the people who were just exposed to new things couldn't control it themselves.
It is true that people who do not control their desires and are too stupid to be deceived have their faults. But those who set out to deceive people from the beginning should bear greater responsibility.
Fortunately, the main targets of the cladding banks are still the noble lords. People of this class have no moral bottom line, so no matter what kind of environmental changes they face, they can adapt quickly.
Therefore, it only took two or three years from the emergence of casing banks to the bubble stage of the entire Midi economy. Such a time has not been able to transform the ordinary people of Midi into a habit of advanced consumption and overdraft of their future.
The only injured ones are the money bags in the eyes of powerful people. It can be said that if they don't take action today, they will take action sooner or later.
Someone once said that socialism is not suitable for the current lost land, because there is no soil for germination. Constitutional monarchy can only be practiced in the Karlsruhe Empire, because other than there, the people do not have enough consciousness and motivation. intentions.
In a wrong environment, it is normal development to forcefully promote things that are not suitable for development and eventually backfire on oneself.
To use an inappropriate metaphor, let’s talk about the hometown of a certain Chuanzhong. If someone went to a *** country to sell pork dishes, let alone going bankrupt due to lack of business, he might be dragged out and beaten to death on the spot!
However, having said so much, we have not yet talked about the most deceiving part. That is, the gold coin goddess who was initially regarded as the most relied upon by the fellow who founded the layered bank!
Lin guessed that in that fellow's mind, the Goddess of Gold Coins was a link that couldn't be bypassed and must be accepted.
So according to what someone heard, the fellow went to great lengths to explain how much power the bank would gain, how much money it would make, and how many people's faith it would gain when it develops its lending business.
However, the gold coin goddess never relented, leaving the underlying bank in a state of chaos during the Warring States Period.
When complaints spread, the fellow could no longer convince the goddess with the excuse of gaining faith. He could only continue to emphasize how much control the loan could give back and how much money he could earn. And only the goddess could Clean up the current mess and stabilize the entire financial system of Lost Land.
The reason has been updated, only making money remains unchanged.
When the German government decree comes out, the world will be different!
The word "virtuous government" is not used casually. This is a political decree that can win over a large number of people's hearts in a short period of time.
Not only those who were unable to repay the debt cheered loudly for their lords, but the vassals were so grateful that they cried bitterly for the lord's considerate behavior. People also did not forget to praise the goddess of gold coins loudly after receiving the blessings of the virtue decree.