Chapter 534: The Lamb to the Slaughter
Gringotts' day-to-day financial activities are plentiful.
Since the elf elder Leos judged that everything was normal, it was natural that Bogo would not be paying attention to the vast number of external employee reports all day long, and those failed reports that occurred from time to time left the coordination of the former supervisor Douglas, and the workload that he and another deputy head of Gringotts Venture Capital had to deal with on a daily basis increased dramatically.
It's just that the financial competition in the market left over from the former Soviet Union can be regarded as the most important "big battles" of Gringotts in recent years, especially when one of the parties is still a "traitor" from North America, and the whole of Europe Gringotts is riveting to kill the other party in this financial confrontation.
"War, whether it occurs at the level of force or at the financial level, is never to prove who is the right side, its only purpose is only to determine who is the side that can stay......"
These are what Elder Leos said half a month ago, and they are also the main atmosphere that pervades the investment department today.
Heretics and heretics have always been the latter who are more hateful - as long as they can drag those guys who betrayed Gringotts gold coins to hell, the Gringotts Council of Elders can even give up this once-in-a-lifetime profit opportunity and choose to lose money.
In fact, due to the late entry time, Gringotts in Europe did not have much choice.
In order to snatch a sufficient share of the market share from the chaotic market, Gringotts, which was forced to respond to the battle, had to invest a large amount of foreign exchange and gold reserves, and quickly amassed the few remaining state-owned bonds, bonds and market funds at a cost of more than 20% at a premium to the prevailing market price.
Gambling in the non-wizarding financial markets doesn't make a difference because you're a goblin, wizard, or muggle, it's like a huge casino, where everyone is equal when they put their money bags up and put chips out at the table—except that there are dealers, lucky winners, and ......
As time went on, the losses of Gringotts in Europe have begun to become more and more apparent.
Although theoretically this is just a normal upfront capital investment before manipulating the market and reaping dividends, some ominous premonition is still like a terrible Voldemort bat, little by little covering the black shadow in the heart of the fairy Bogo, and he is a little breathless.
I don't know why, there are still a few documents on his desk that failed half a month ago.
Since it hasn't been looked at or moved in the past few days, it still maintains the previous data situation and is not overwritten by the updated data files, which is actually a relatively rare mistake in Gringotts, which is actually a relatively rare mistake in advocating efficiency.
Bao Ge, who was still the deputy head of Gringotts' venture capital department, rubbed his eyebrows, and scanned the first few contracts in a hurry, all of which were reports from some energetic but inexperienced young people—if it were back then, he would never have taken the initiative to ask about the purchase without the property rights being settled.
"The former Soviet Union was divided into more than a dozen countries, covering too many areas, and the number of senior professional goblin employees was definitely far from enough, even if some Muggles secretly controlled through wizards were added, the situation could barely be stabilized......"
Deviations and imperfect investments, these are the dissonant notes that have long been expected, and compared to these failed investment reports, most of the reporting documents piled up on his desk are from the constant good news and success.
Having learned the lessons of those unfortunate bastards, the European Gringotts elves chose to abandon all the estates and industries that the Manifest Destiny Group had meddled in, instead packaging them as delicious bait to be thrown to the traitors of the Americas, as well as the greedy Muggle capitalists.
Faced with an alchemist like Paracelsus, who possessed the Philosopher's Stone, the Council of Elders chose to stay out of the way for the time being.
Because according to the judgment of Elder Leos and the senior analysts of Gringotts, Paracelsus has no interest in money at all, what he hates most is gold, and naturally it is impossible to be interested in the power and capital of the non-magical world - as a single immortal species, the journey of the Mandate of Heaven is limited, and they will soon withdraw from the competition due to their lack of financial knowledge and ambition.
And then the news came that everything was as judged by the Gringotts Elf Council, headed by Elder Leos.
After the Mandate of Heaven Group from Austria waved money to take down the high-value vacant shops in most of the key cities of the former Soviet Union with an almost unreasonable momentum, it entered a state of silence, as if a high-speed flying fire dragon had been cast an obstacle spell, and quietly retreated to the end of this financial feast.
Of course, it's not completely gone.
It's just that compared with the many foreign capital forces that are still fighting fiercely in the banking, securities, state-owned heavy industry, and real estate industries, the previously aggressive Mandate of Heaven Group suddenly focused its main efforts on some corner and fragments, such as soap factories, pulp factories, glass factories, daily chemical factories, tobacco and liquor factories...... of light industry workshops and factories.
You must know that, unlike the capitalist countries with sound and developed light industry, due to the development concept of "heavy industry" that has been dominated by the former Soviet Union for the past few decades, the light industrial plants in the former Soviet Union are generally poorly managed, and they are relatively backward in terms of technology and productivity - in other words, the overall valuation is quite poor.
Therefore, with the exception of a small number of Red countries that also lack a light industrial base, it is estimated that only an old antique like Paracelsus, who has long lived on the fringes of the wizarding world, would be willing to buy these Muggle industries that have long ceased production or are on the verge of bankruptcy at the prices before the collapse of the Soviet Union.
After more than a month of financial competition, whether it is the goblins of Gringotts, the goblins of North America, or the Americans, they have all realized this strange force that appeared on the land of the former Soviet Union, and after a short contact, they all chose to avoid the investment field of the Destiny Group.
Low yield, low output, high risk, high labor cost...... No force is willing to play a game of price gouging with a group of emotional lunatics for the sake of such a trivial marginal benefit.
Capital, never emotionally, otherwise it will be a lamb to the slaughter.
This is the idea that all mature interests converge on, and Bogo from Gringotts Ventures naturally thinks so.
It's just that in the past few days, those failed investment reports, the names of Hogwarts and the Destiny Group, have been dangling in his mind, making him a little in a trance, and he has always had a question that he didn't dare to ask.
If......
Destiny, wizards, Muggles in the former Soviet Union...... These lambs to be slaughtered in their eyes are also based on this concept, if they participate in this game, they are already at the bottom, what do they want to eat?
At this moment, Bogo's mind suddenly recalled the fuse that led to Douglas's dismissal - wait! Those wizards from Hogwarts, who they had long forgotten, seemed to have wanted to get half of Gringotts?!
The middle-aged goblin's face changed slightly, and the few documents in his hand trembled.
As far as he knew, Nicol Mailer was one of Albus Dumbledore's best friends.
And Paracelsus is one of Nicol Mailer's best friends, those wizards at the top of the wizarding world are originally friends of the same secret circle, and it is impossible for this kind of big action to happen without connection with each other.
What if, what if all this ......
An ominous premonition flashed through Bogo's mind.
After sitting in a trance at the desk for a few seconds, Bogo took a deep look at the reports in his hand and walked out of the office.