Chapter 383
No one expected that the Daming bonds would plummet without warning.
At the beginning, there were still people who took over these cheaper Daming bonds.
But news always travels at an alarming rate, and no matter how secretive you try, the news still blows like the wind across Europe.
The telegraph has accelerated the spread of news.
In just a week, the Daming bonds, which had risen for more than half a year, fell by half.
But even if the price falls by half, it is still priceless.
There were a lot of people who sold it, but no one took over. The reason is simple, the value of the Daming bond itself lies in its high interest.
But with such a high price, the interest given by the Ming Empire is simply not worth mentioning compared to the current price.
Who would rush to do it when it was clearly a loss-making deal?
No one wants to trade at a loss!
The more no one takes over, the more crazy the people who hold those Daming bonds become.
They began to frantically reduce the price, trying to sell the Ming bonds in their hands.
And this kind of price reduction has slowly begun to have competition.
If you drop one piece, I will drop two, if you drop two, I will drop five, and if you dare to drop five, I will dare to drop ten.
Ai Husheng didn't expect that it would take him more than half a year to operate before he speculated on Daming bonds.
But those crazy aristocrats in Europe actually took only half a month to reduce the price to twenty imperial gold marks.
In order to stop the loss, they have done everything they can. Even if you lose four-fifths, it's better than losing all your money.
You must know that the face value of each Daming bond is only one Daming silver dollar.
One Ming silver dollar can only be exchanged for five Imperial Gold Marks.
What's more, with the collapse of Daming's bonds, the Rothschilds also panicked.
They frantically demanded debts from creditors, and many of them received ultimatums. If the principal and interest are not paid off after one month, Rothschild Bank will confiscate their collateral.
That is, the estates, the wineries, and all kinds of estates, jewelry, and works of art, including famous paintings.
In order to keep their fortunes, the nobles began to revolt.
Many people began to sell off their assets, including shops, factories, and all sorts of profitable purchases.
There is no way, Rothschild Bank can't be allowed to take his home.
If it is known, where will the face go?
Zheng Sen, who was in Rome, was coldly watching the disaster that was spreading in Europe.
He didn't expect that Ai Husheng's hand would be so ruthless and desperate.
The Ming Dynasty mobilized a million troops and lost 200,000 people. Using high-tech weapons, including tanks and aircraft, he failed to make such an astonishing profit after three years of fighting.
But it only took Ai Husheng a year to get a domestic printing house to print a ship of exquisite bonds, and he actually did it.
Fuck, what's this thing called.
However, he still followed Ai Husheng's instructions and began to get busy.
The first thing is, of course, to recover the bonds issued by Daming. The Ming Empire still has to pay attention to credibility, and the bonds issued by themselves will be bought back by themselves.
Moreover, it is still a price that is twice the issue price.
Ten Imperial Gold Marks for a bond!
Even at this price, I don't know how many European aristocrats are grateful. After all, on days when money is scarce, it is also good to sell an extra Imperial Gold Mark.
As for the second thing, it's a bit insidious.
Just when the collapse of Daming's bonds caused panic across the continent. Another rumor has spread across all strata of European society.
The Rothschild Bank lent a huge amount of money to the European aristocracy. Now that these nobles have all lost everything, the Rothschild banks have naturally lost their hands and feet.
As the rumors spread, a large group of people slowly appeared in front of the Rothschild banks in Berlin, London, Paris, Rome, Vienna and other places, waiting to withdraw their deposits.
On the first day of queuing for withdrawals, there were also some police officers who maintained order and avoided the chaos of the crowd.
But within a few days, the police who maintained order also joined the queue.
The rush of the run, like the wings of an Amazon butterfly, slowly turned into a storm.
In Europe's big cities, citizens poured into the streets to withdraw their money from Rothschild banks.
War is hard enough, and every little savings in every household is the last hope of the people, and there is absolutely no room for failure.
Distrust of banks began to spread, and at first it was only the Rothschilds' banks that were run on their banks.
But soon, there were long queues in front of all the banks.
Because there are rumors that in this Daming bond turmoil, all the banks have suffered heavy losses.
The only bank that has not lost money is probably the Daming Bank, which was secretly and collectively boycotted by the European aristocracy.
After years of newspaper propaganda, the Ming Empire has become a symbol of power.
In the eyes of Europeans, especially those in big European cities who have a little bit of knowledge. The Ming Empire is a heaven-like existence!
There is no hunger there, no bureaucracy and capital that frantically oppresses the populace. Poor people are protected by a subsistence minimum, and there is no cost of schooling or medical care.
Anyway, as long as you can think of the benefits, the Ming Empire has them all.
Those who withdrew their money from European banks have transferred their money to Daming Bank.
Although, the interest rate of Daming Bank is much lower than that of European banks led by the Rothschild family bank.
In turbulent years, the most important thing about property is security, not the pursuit of high interest rates.
A very absurd scene appeared, and there were long queues in front of all the banks.
The door of Daming Bank is full of people who deposit money, while the door of other banks is full of people who withdraw money.
At this scene, Rothschild's teeth were about to be crushed.
"Damn the Ming people, those rumors are what they spread." Old Rothschild looked viciously at the long queue at the door of Daming Bank opposite.
"What can we do? Now no matter what we say, no one believes us.
I can hold on to this run for a maximum of ten days, and after ten days I won't have a penny. Karl, the head of the German Hebrew plutocracy, looked at Rothschild helplessly.
In the past few days, he has smashed all the reserves in the bank into it. At the same time, find ways to monetize all the assets that are easy to realize.
Can be realized, where is it so easy.
Now the people with the most money in their hands are the Ming people, but the price given by the Ming people is extremely low, which is simply an insulting price.
No one in their right mind will accept the price they offer.
The problem is, everyone needs cash.
"Can't stop paying! The Hebrew faith in Europe, which has lasted for thousands of years, must not be lost in our hands.
Once we lose credibility, no one will trust us again. Never keep your money in our bank again!
That will be the end of our Hebrews. ”
Old Rothschild said with a cold face!
He knew that this was the most dangerous crisis of the Hebrew consortium in a millennium.
This crisis is fundamentally different from previous crises, which often come from royal families.
In other words, local rights!
This right can destroy them, and of course it can be bought by them. After all, having destroyed the Hebrews, they could no longer borrow money easily.
This time is very different, this time the root of the crisis lies in a foreign civilization - the Ming Empire.
This empire is so strong, so unstoppable.
Militarily, Europe no longer had the strength to fight against the Ming Empire.
Politically, most of Europe is already the only one who has a clear vision.
After successive political and military victories, the Ming extended their claws to the economy.
The Ming Empire had abundant capital and had a drastic approach that they had never encountered.
It's been going on for half a month, and no one in the entire Hebrew world has even been able to think of a way to do it.
Everyone is seeing that the Hebrew money empire, which has been in operation for thousands of years, is collapsing step by step.
There is no way to undo it!
Because, people are borrowing the power of the whole of Europe.
Those hateful civilians actually cooperated with the Ming people to swing their swords against the Hebrews.
"What are we going to do?" Old Rothschild looked at the bustling Ming Imperial Bank opposite and muttered to himself!
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