The time has come to February 1992, and the collapse of the Soviet Union has become news of the past.
Whether it is Russia, Ukraine... these non-magical countries, or Gringotts in Europe, Gringotts in America, they have all opened their own new chapters with great ambitions, and have devoted themselves to busy work in this new year that has just passed Christmas. .
However, at this tense and busy moment, a certain goblin deputy director of Gringotts Investment Department, known for his caution and dedication, left his post for the first time during work and came to the deep place of Gringotts Venture Capital Department. Archive door.
Bao Ge took out all the investment reports that had been filed over the past few months, and spread them out one by one on the open space in front of him. He searched carefully for something restlessly until the goblin elder who inspected the work every day came over. By that time, the empty room in front of the archives was covered with densely packed documents, like a terrifying white spider web.
The goblins guarding the archives did not stop Bao Ge's absurd behavior. On the contrary, almost all the goblins present were frantically helping to unpack and organize the files, calculating and placing these white documents according to some strange logic.
"Bao Ge, what are you doing..."
The old goblin elder frowned. Before he could finish his words, he had already clearly seen the pile of special file reports piled up next to Bao Ge - Gringotts would mark all investment projects that were determined to be abandoned on the side. A touch of black indicated that the follow-up had stopped, and the pile around Bao Ge almost formed a black curtain wall.
"Your Excellency Elder, our investment plan in the former Soviet Union was attacked in advance by mysterious forces..."
According to Gringotts' previous operating logic, as middle and high-level managers, no matter Douglas, Baogo, Leos... they will not be exposed to businesses that are directly evaluated and abandoned by low-level goblin employees. This is also to improve the investment department's Work efficiency.
Generally speaking, they will only directly deal with investments that will make a profit, as well as failed projects that are determined to have suffered losses. As for projects that deviate too much from the venture capital department's preset target values, they will be directly marked black and piled up in the archives. middle.
The reasons for these abandonments are also diverse, such as price fluctuations exceeding expectations, the subject matter during the value evaluation process having been frozen and mortgaged by one's own capital, disputes over the type and form of payment currency, and high risks due to the ambiguous attitude of the market party.
It's just that the proportion of people giving up now is a bit too much...
If it weren't for the collective intellectual deterioration of the lower-level employees, then there must have been a huge mistake in some link to cause such a phenomenon - in fact, this situation would have affected normal business long ago. However, because the blank market left by the former Soviet Union is too large, these abandoned files will not have an immediate impact.
Leos just hesitated for a few seconds, looked sharply, and waved his hand behind him.
"Come here, help Deputy Director Bao Ge to find all the investment term sheets that have been marked as abandoned since October last year, and summarize all the reasons that appear in them!"
There is no doubt that Gringotts Europe was under heavy attack.
The war started early.
In the evening of that day, the Gringotts Goblin Council of Elders and senior staff of Gringotts' major core organizations gathered in a huge conference room and announced the news - those who knew how to exploit the loopholes of this "abandonment mechanism" to attack,
Most likely they are American fairies who have also used this operating system.
Judging from the final feedback results, the main reason for the major premium and the initiative to engage in head-to-head market confrontation with Gringotts is the use of US dollars, Zhuoguo (American gold Galleons) and other forms of manipulation. But it's okay.
, since Bogo discovered it early, Gringotts only needs to continue to increase investment and raise the budget threshold to make these sub-plots come to nothing.
"There are currently too many entrants wandering around the former Soviet Union market. It is difficult for us to track the capital flow of each force. However, in view of this situation, the Council of Elders has already made an emergency plan to fully relax the risk review level and attract a large number of non-magical circles.
Loans and loose money in the market release gold galleons reserves and impact Zhuoguo's exchange rate - suspending profits! The war has begun!"
With the promulgation of the "Financial War Order", Gringotts was like a sophisticated war machine, with every goblin employee and department turning into gears that meshed closely together, operating rapidly.
Some older goblins are no stranger to this situation.
Capital pursues profit, but the truly terrible state of capital is that it completely ignores short-term interests, uses money to actively create losses, and turns all zero-sum games into the crudest and most primitive comparison game.
Such a situation is not uncommon. As long as it is certain that the opponent has fallen into the whirlpool first, according to countless verifications in history, Gringotts Wizarding Bank, which has huge cash flow and coinage rights, will always be the last one to survive.
By this time, studying local gains and losses has lost its meaning.
Gringotts only needs to keep increasing prices, buying, lending, absorbing reserves, and releasing gold. There may be occasional failures, but the other party will definitely pay a more painful price. No one will pay attention to those abandoned projects in the past.
No one is sorting out the growing losses on the income statement anymore.
Everyone knows that the figures of losses and liabilities have no meaning until the final settlement. If one must find out a really important thing, then it may be particularly important to have the right to pop the financial bubble.
For Gringotts in Europe, this can be said to be a battle that is almost certain to win.
Before digesting this windfall from the non-magical world, the capital that the goblins in America can control is definitely not as good as that of Gringotts Wizarding Bank Headquarters in Europe. In other words, their "health bar" will be higher than that of the goblins in Europe.
They are much "shorter".
Therefore, after analysis by senior goblin investment masters such as Leos, there will only be two final results.
First, the American goblin could not support this tragic "currency meat grinding ground" and chose to use its market share advantage of being first in the game to expose the ruble's false prosperity in advance, causing currency shrinkage in a short period of time and earning capital to leave.
Second, Gringotts Wizarding Bank Headquarters, through capital investment regardless of cost, gradually controls the button of profit and loss reversal, and quietly waits for the American goblins to come out and clean up when they are on the verge of death due to broken capital chains, debt outbreaks.
Endgame, and complete the final winner-take-all.
…
At the same time, in Hogwarts, in the Defense Against the Dark Arts professor's office.
The same conversation and analysis rang out in this "ominous place" that had just changed its owner. Elena was eating the fresh black caviar brought back by Grindelwald from Ukraine while quietly helping the old man analyze it.
According to the situation.
"I still don't understand, little girl."
Grindelwald rubbed his eyebrows and tried hard to digest the "Financial Knowledge" lesson that Teacher Elena had just concluded. His wrinkled face was full of confusion and worry.
"Since everything is benefiting the goblins, doesn't it mean that we are giving money to the goblins these days?"
"Judging from the current situation, it seems like this... After all, this is the most basic law of capital robbery. Gather enough chips, manipulate the free market, harvest dividends and exit perfectly... This is a classic method that has been repeated countless times.
.”
Elena nodded casually, carefully licked the silver spoon in her hand, and said softly.
"However...the above two points, and even countless points, must be based on a very important premise."
The girl sat on the desk, her calves kicking in the air, and gently shaking the spoon in her hand.
"Whether it is depreciation or appreciation, currency must still have circulation properties - in other words, it needs to ensure that it is still a special commodity existing in the market, rather than..."