Chapter 332: Building a Skyscraper?
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At this time, the ugly country was undergoing technological, economic, and social changes after World War I.
There has been a big change in people's thinking and lifestyle, and young people are starting to challenge conventions, they are wearing new clothes and living different lives.
Of course, not all ugly people are wearing fancy sundresses, or dancing until dawn.
Millions of ugly people living in small towns or in the countryside still live a simple and peaceful life.
For blacks, foreigners, and other minorities, life remains hard.
Although there were many stories in the newspapers of this time about independent women journalists and doctors, these stories did not represent the real life of ordinary women in ugly countries.
Women now have the right to vote, but three-quarters of women are still only housewives.
Most of the women who leave the family to work are from ethnic minorities or other countries.
For millions of ugly people, the thrilling social events and social events depicted in movies and broadcasts can only be dreams.
But the dream is strong, and many ugly people, rich and poor, are chasing after fashionable things with great interest, whether it is new games, new dance moves, or new customs.
The widespread interest in this popular culture was unusually strong in the twenties of the twentieth century.
People are very interested in court trials, catastrophic accidents, movie stars, and a few other events.
For example, millions of ugly people paid close attention to Freud. The killing of Collins.
The young man was in distress while exploring an underground cave.
Journalists reported the rescue to the nation. When rescue teams found Collins' body, even the New York Times ran a front-page story about it.
Another matter of great public concern was the trial of a murder case.
It happened last year in New Jersey.
A pastor was found dead with a female member of his church, and reporters wrote 5 million words to report on the incident.
The incident was insignificant from the point of view of world news, but it whetted the public's appetite.
After one stop, ugly people are tired of reading those serious ZZ issues.
The United States in the 20s of the 20th century was also a golden age for the development of sports.
People all over the country buy newspapers and read newspapers to learn about Bobby, the king of golf. Jones' latest action; Get to know the most famous tennis player, Bill, nicknamed "Big Bill". Events in Tilden.
And millions of ugly people tune in to Jack. Dempsey and Jean. Boxing match between Tennie.
There are reports that five Americans have even died of heart attacks as a result of being too excited while listening to the game.
However, the most famous sports hero of this period was the baseball player Bebe. Ruth.
Ruth was tall and burly, and he hit the baseball far beyond the reach of no other.
His life as good as his performance on the baseball field is famous.
He likes to drink, likes women, and plays with children.
In short, the pursuit of novelty in this era is far beyond the imagination of people of other generations.
And regardless of men, women, children, poor and rich, they will seek innovation, greatness, and goodness.
In fact, this is no different from the neon people in the 80s and the Chinese after 2000, everyone has to go through the stage of an upstart!
In the case of skyscrapers, what is the real point of it? For Wall Street capital, skyscrapers have certain financial attributes, but for Moffett, they are purely a whim.
The ugly Chinese people are overly fond of speculating about the opinions of ordinary people about ordinary people, and this national weakness is also manifested in the securities market.
Ugly people rarely invest for their gains, as do many Britons;
Unless he hopes for capital appreciation in the future, he will not be very willing to buy an investment.
That is to say, when an ugly Chinese person buys an investment product, the hope is not mainly placed on the future return of the investment, but in the market price of the investment fluctuates in his favor;
In other words, the so-called speculators mentioned above.
Speculation may not be harmful if it is only a small wavelet in the torrent of enterprises, but it is a serious situation to set up enterprises and become blisters in the vortex of speculation.
The development of a country's capital becomes a by-product of gaming and gambling will probably not do well.
If the legitimate social function of Wall Street is to steer new investment into the most favorable way (based on the future returns of investment), then Wall Street's achievements cannot be regarded as a brilliant victory of laissez-faire capitalism.
But on Wall Street and elsewhere, almost all skyscrapers are financed by a new type of bond that securitizes mortgages.
Unlike banks holding mortgages, real estate financiers in Ugly Country have come up with ways to borrow money directly from retail investors.
Ugly investors of this era have "fallen in love" with at least one bond, and that is skyscraper bonds.
This type of bond works in the following way: the developer sets up a company and borrows most of the money needed to construct the building.
The bonds were underwritten by a mortgage company, which used the distribution system of war bonds to sell the bonds on a retail basis to small investors.
The mortgage company will buy the bonds that failed to sell, taking on the borrower's potential default risk;
However, much of the risk in the real estate market is borne by individual investors, who buy bonds with denominations as small as $100.
For investors who are too cautious to plunge into the 20th-century stock market bubble, skyscraper bonds seem like the perfect balance between prudence and modernity. After all, even if the developer defaults, the bondholder has nothing to lose, and the lender gets the asset: a huge, public, resale-ready physical asset.
The company's assets seem to be completely transparent: you can walk to the city center and see the actual buildings that support your bond.
They are also investments in new technologies for the ugly city: buildings that transform American metropolises into three-dimensional architectures that will soon be connected by pedestrian crossings, airplanes, and spaceships.
More than 1,000 new mortgage bonds were issued, with a par value of more than $4 billion.
Beginning in 1920, an unprecedented number of buildings over 200 feet were built.
The invention of elevators, the development of steel-framed structures, and the need for dense, location-specific commercial operations made it possible for buildings to grow upwards.
Skyscrapers have made major metropolises quickly replicated.
These buildings became local landmarks.
Great buildings, such as the Gothic-style Woolworth Building, designed by Cass Gilbert, became living advertisements of their own.
Skyscrapers set a new measure of a company's reputation: dizzying height and excellent views.
Finally, in Gilbert's words, from a symbolist and iconographic point of view, a skyscraper is "a machine that makes the land worthwhile."
And that's exactly what happened. Every new skyscraper is a huge "layer cake" for rent.
"Brother Shen!"
"Hmm!"
Shen Changqing walked on the road, and when he met someone he knew well, he would say hello to each other or nod his head.
But it doesn't matter who it is.
There was no superfluous expression on everyone's face, as if they were very indifferent to everything.
on this.
Shen Changqing is used to it.
Because this is the Demon Suppression Division, it is an institution that maintains the stability of Great Qin, and its main responsibility is to kill demons and monsters, and of course there are some other side jobs.
Arguably.
In the Demon Suppression Division, everyone has a lot of blood on their hands.
When a person is accustomed to seeing life and death, then he will become indifferent to many things.
When he first came to this world, Shen Changqing was a little uncomfortable, but over time he got used to it.
The Demon Suppression Division is huge.
The people who can stay in the Demon Suppression Division are all strong masters, or people who have the potential to become masters.
Shen Changqing belongs to the latter.
Among them, the Demon Suppression Division is divided into two professions, one is the town guard and the other is the demon exterminator.
Anyone who enters the Demon Suppression Division starts with the lowest level of demon slayer.
Then step by step, he is expected to become a town guard.
Shen Changqing's predecessor was a trainee demon slayer in the Demon Suppression Division, and he was also the lowest level of the demon slayer envoys.
Have memories of the predecessor.
He is also very familiar with the environment of the Demon Suppression Division.
It didn't take long for Shen Changqing to stop in front of an attic.
Unlike other places full of slaughter, the attic here seems to stand out from the crowd, and in the bloody Demon Suppression Division, it presents a different tranquility.
At this time, the attic door is open, and there are occasional people entering and exiting.
Shen Changqing only hesitated for a moment, and then stepped in.
Access to the attic.
The environment has changed in vain.
A burst of ink fragrance mixed with the faint smell of blood came to his face, making his brow furrow instinctively, but quickly stretched.
The smell of blood on everyone's body in the Demon Suppression Division is almost impossible to clean.