It was not necessary to crack down on the remnants of the former dynasty, but the conservative and stubborn diehards among the scholars and doctors have always refused to recognize the legitimate rule of the new dynasty, and there have always been all kinds of rebellion and small actions.

The traditional large landlord families represented by the Zhao family and the former Song hairpin families began to compete with the public for the right of public opinion and economic rights.

In the peaceful evolution, the traversal people used a lot of means to not cause large-scale turmoil, paper bullets, silver bullets, and meat bullets were all used, and it was only then that many vested interest groups in the former Song Dynasty court rebounded. Tens of millions of riches have been used to redeem key rights.

More than 40 million Chenji money was used to buy tax rights from various local checkpoint supervisors, and then these checkpoints were abolished. The high-yielding fields transformed from low- and medium-yielding fields worth hundreds of millions of dollars have been exchanged for a large number of displaced people from the many big landlords who have become crazy about the land, and they have remained silent when they are taken away by the crossing people. In exchange for more lucrative trade routes for the support of the Jiangmen family of the more combative Northwest Frontier Army, and a large number of shares in the printing, publishing, newspaper, and paper industries in exchange for the silence of the influential scholar family on the change of dynasty. used all kinds of Japanese, Korean and other interracial beauties to send them to the homes of influential courtiers in the capital, and even the old minister Su Zhe's family of the Three Dynasties also sent three Goryeo Lori maids.

However, these guys who received the benefits were very dissatisfied with the speed of the rapid enrichment of the Crossing and their partners, and the interests of the old-style landlord class, which accounted for the majority of the land rent income, were greatly impacted, and even the hairpin families, who had a lot of trade in Gaochang, Mongolia, Liao, Japan and South Korea, began to be dissatisfied and jealous that most of the trade windfall profits in Nanyang were taken away by the Crossing Public.

Shandong, Jiangsu, Zhejiang, Fuguang, and the coastal population of Shandong, Zhejiang, and Guangzhou, as well as the accelerated urbanization and industrialization, led to a large number of landlords and tenant farmers entering the cities. The situation of abundant labor in rural areas has gradually turned into a shortage of labor, the narrow townships in the past have become wide townships, and there are fewer and fewer scenarios in which many proletarian customers compete for a landlord to share land. There are more and more cases of many landlords asking a tenant farmer to rent their own land. As a result, the price of cultivated land and the price of land rent fell far faster than the level of awareness of the old forces that had not experienced such incomprehensible changes of the times (in the past, the era of decline in land price and rent had only occurred in the wars of the last dynasties).

In any case, it is understood or not, the interests are damaged or the profit rate is much lower than that of the cross-public, and the big landlords and hairpins have been competing for market and influence in the financial and media industries, which are the most powerful in the cross-country, since the founding of the People's Republic of China, and at the same time, they have also colluded with many gentry and landlords in the local area in an attempt to manipulate food prices and the right to speak in rural areas.

After the founding of the People's Republic of China, the many old and young remnants of the former dynasties who died but did not stiffen the hundred-legged insects were different from the former Qing Manchurian nobles during the Republic of China, not only in terms of quantity but also in quality far more than the children of the Eight Banners. You must know that all the cultural and per capita economic indicators of the Song Dynasty absolutely exploded in the Qing Dynasty. Adult literacy rate, per capita years of education, expected years of education, at least ten streets of the children of the Eight Banners of the Qing Dynasty. Although the children of the gentlemen are similar in any dynasty and generation, the civil official family that survived the cruel battlefield of the imperial examination and the hereditary children of the Eight Banners without competition are more powerful? The cerebellum understands it.

It's not brain-dead. However, many of the children of the Eight Banners, who did not learn and did not know how to do it, still made Pu Yi emperor three times, and successfully restored it twice with the support of the warlord Zhang Xun and the Japanese Empire.

With the support of the vast number of Song Dynasty 'loyal ministers and good generals' with a more luxurious lineup, Zhao Xu, the emperor of the Great Song Dynasty Zhezong who is still alive (is not dead, so the nickname Zhezong has not yet appeared. For the sake of convenience, readers should not be entangled) There is still a little possibility that this fallen king will be restored.

In order to completely eliminate all hidden dangers and squeeze out all the capital of these delusional elders, the public designed this economic crisis. Of course, this is what later conspiracy theorists think, and in fact it certainly is not.

Most of them are adherents of liberal economic theory. Basically, they all hate the country's advancement and people's retreat. Interference in the market and the economy rarely uses direct administrative means and direct intervention. Most use market instruments and indirect intervention. In the middle of this rubber speculation storm, the cross-polluted public could have stopped this abnormal bubble, but the far-sighted Li Ji vetoed Chen Guanxian's proposal to puncture the bubble, saying that no one can compete with the system, and that it is more meaningful to let the people see the harm of the capital market as soon as possible than to let the people always feel that the capital market is beneficial and harmless.

The earlier the economic crisis, the more educational and the lower the cost. After a few decades, when the total economic volume reaches trillions, and then there is an economic crisis, it will be dozens of times the price. Therefore, in 1944, sensing the passage of the bubble, the crowd did not intervene in the market price. Rubber stocks and futures prices have been on the rise.

In order to kill the ambitions of the old and the young, completely looting their property through the capital market is just a casual move to beat the rabbit. What is more important is to rectify the market order. Drive a large number of scam companies and bag companies out of Chinese soil forever. The main goal of the crossing is to establish a security mechanism and tradition to protect people's investment and hard-earned money.

Those big speculators who have made a lot of profits in crazy speculation are only a small number of people, and most of the people who participate simply do not have the strength to play leverage operations (borrowing money to speculate in stocks and futures naturally makes money faster, borrowing money is several times the principal, making money several times more efficient, and naturally losing money several times faster), basically life savings and hard-earned money. For the sake of world stability and long-term economic development, it is impossible to take action when the economic crisis has developed to the highest peak, or even threaten the survival of the people, but it will not take action when the crisis has just appeared and several over-speculative money banks have collapsed. This does not achieve the purpose of getting people to pay for lessons.

If the big speculators can successfully exit before the bubble bursts, the one who will successfully retire is the god-level master who has tried his best to win over the public, and if there is just a sign of crisis, he will immediately and decisively cut the meat and clear the position, and it will also be the future financial thug who will be appreciated by the public to be reused. When the crisis develops irretrievably, the bankrupt speculators commit suicide at their own expense, as the price of their own demise and madness before the crisis. However, small and medium-sized investors who have no ability to identify risks have the obligation and responsibility to protect their property, after all, in order to maintain the credit of the government and its own subordinate rating agencies in the future. Nor can we sit idly by and watch them lose all their money.

Two years before the crisis, the senior management of Chenji Group and hundreds of large companies in which it holds shares was strictly forbidden to participate in speculative trading of rubber stocks, and was immediately fired once it was found. 18 months before the crisis. Issued an official document to various partners and affiliates, warning them not to continue to participate in rubber related enterprises and speculative market activities.

A year before the crisis, Liu Xin and more than 20 securities companies and credit rating agencies under his control for listing operations, portfolio splits, and brokerage and underwriting businesses stopped providing services for new companies listing and developing new customers, and significantly downgraded the stock credit ratings of companies with serious bubbles. But at this time, the market could no longer tell the importance of this news, and every day watching the crazy growth of various rubber stocks on the automatic quotation panel in the exchange higher and higher numbers, all speculators and investors fell into the final madness. Although this move has caused many people who blindly follow the Chenji system to sell most of their long positions in rubber stocks and futures, the subsequent price increase has caused many people to continue to follow up. In the charts of individual stocks and futures. A few days after the rating agency announced the downgrade of rubber stocks and related securities, it fell slightly or flattened for a few days, and the few strong ones continued to rise without any change. This phenomenon has made many hesitant guys let down their last vigilance. Continue to hold and increase positions, and naturally they will no longer have the opportunity to keep their hard-earned money.

In the first six months of the crisis, all the enterprises and organizations under the control of the Chenji Group sold their rubber industry and futures positions, and even a large number of rubber plantations and other entities established in Hainan and Nanyang were sold to rival companies. and at the same time began to open positions in short selling rubber stocks and futures. Gradually, little by little.

Backed by a highly skilled team of traders (Chen Guanxian and Li Ji) and huge sums of money (mainly from the sale of rubber plantation rights and futures profits). This team, which has been praised and scolded by countless people, has established short positions equivalent to 20% of the trading volume of marketable securities in the world, plus countless inside information disseminators and relatives who know the news in advance (small and medium-sized investors who have followed the trend have established many hedging short positions to hedge risks), and there are about 30% of the short position of the trade size.

Two months before the crisis, Nanyang's rubber commodity inventory and Singapore's futures exchange were abnormal, and the warehouse was filled with a bumper crop of rubber and continued to expand. However, the futures exchange stopped borrowing funds from mainland banks and money banks to buy rubber and related securities.

One month before the crisis, well-informed speculators and big businessmen began to partially sell their long positions in stocks and futures, but few followed up. The volume of trading in the market fell by half all at once.

At the last minute, when big businessmen and big investors realize that something is wrong. It is only three days before the bubble bursts, and at this time, the whole market is anxiously waiting and waiting, hoping that someone will come out to announce the takeover and continue to be optimistic about rubber securities. But the experts, pundits, newspaper commentators and big speculators who have been declaring bullish on rubber securities for the past few years have remained silent, and no one dares to speak out. Because everyone knows that the real giants who dare to speak made a statement half a year ago.

The volume suddenly shrank to 2% of the previous month's average, and the day's transactions were barely visible on the charts, and a desperate atmosphere spread through the exchange floor.

When the situation in Singapore was revealed through the crew of the latest special mail clipper clipper fast ship that departed three days ago, the Xinjing Stock Exchange was all about people who frantically sold rubber stocks and futures at low prices. The window of the settlement center was crowded with desperate investors handing over the declaration forms, and the phenomenon of politely queuing up and receiving license plates in order to get the license plates in order to disappear, in order to sell the rubber securities in their hands as soon as possible, the investors and the brokers on the trading floor beat their heads and bleeds in order to grab a license plate in the queue, and more than 200 unconscious people were carried out in the morning. Within an hour of the opening of the market, the highest-priced rubber stock lost half of its market value, and stocks in all related industries suffered a heavy blow.

By the end of the afternoon, all rubber-themed stocks were down an average of 30 percent, and related downstream industrial stocks such as tires and pipelines were down about 10 percent. (To be continued......)