Chapter 555 The run tide

Author: Xinhaiyue 1

The naughty boy never laughed when he patrolled the disaster. After this natural disaster, Hudson suffered heavy losses, and Bear Stearns' losses were not much smaller.

Because the territory is mostly in the downstream areas, the rolling floods swept down, whether it is the Bear Ranch or the Bear Farm, they all turned into a land of water.

From the sky, you can also see busy people rushing to harvest wheat soaked in the water in the rain.

In the farming era, no matter how serious the yield reduction is, as long as the grain in the field is mature, there is no reason not to be taken back.

The situation on the ranch was not much better. The animals were rescued, but due to the continuous impact of heavy rain, the stored forage was not enough, so I just chose to slaughter the animals.

Looking at his milk source and being slaughtered into jerky, Bear Stearn couldn't feel better.

On the contrary, Maxim, who was standing by, was in a very good mood at the moment, looking at the jokes between Hudson and Bear Stearns unscrupulously.

Investment is risky, so be cautious when entering the market.

Agriculture has never been a fast-for-money industry. Not only does it reduce grain production under natural disasters, but many water conservancy projects are also forced to be rebuilt.

This wave of losses alone will require Hudson and Bear Steinbai to work hard for several years before they can make up for the losses.

The strongest fortress is always breached from the inside.

In the Emerald Palace, Caesar IV is busy making personnel adjustments at this moment. Learning from the lessons of the tragedy of the Falcon Royal Family, he decided to replace all the palace guards and city guards with "his own people".

With the strength of a number of shareholders, Near East Development Bank has not encountered a run since its establishment.

With the lessons learned from the past, Caesar IV became cautious when employed people.

Maybe I will borrow someone to use it to calm the public anger.

Referring to the past reforms of the Kingdom, it was successful only by the strong promotion of the government and the support of some local real power factions.

The flood came quickly and retreated quickly. On the third day after the rain stopped, various places gradually returned to normal.

I think taxes are within the scope of financial capabilities and are exempted as appropriate.

But the Grand Duke of Newfoundland has made outstanding achievements and has a great influence in the court. It cannot be suppressed by Caesar IV if he wants to suppress it.

"Duke Duke, affected by the disaster, many depositors came to withdraw their deposits in advance, and there were people standing in front of many outlets.

If their taxes are really reduced, the future life of the Kingdom will be difficult.

In order to keep the wheat soaked by rain, Hudson used Maxim as a fire-breathing tool. He relied on physical heating to prevent rye from germination.

By relying on these means, we have gained a place in market competition. However, risks and hidden dangers have also been buried. Once there is a run, it is only a matter of time before these small banks with insufficient reserves go bankrupt.

Hudson was no exception. He knew the importance of food in the year of disaster, and while relieving disasters, he did not forget to organize people to collect them.

The answer from Prime Minister Grand Duke Newfoundland was a bit muddy, but for the current Alpha Kingdom, this was the best choice.

The wide range of this disaster has been exposed to, and it has been rare in hundreds of years.

Hudson can accept the simple grain production cut in one quarter.

"Your Majesty, do everything according to your ability!

In addition, the problem of soil erosion in the mining area has also been exposed.

Deep down, he once again strengthened his determination to strengthen the royal power.

"Then let's do this first!"

The Falcon Kingdom is a typical example. The rebels were able to quickly take down the capital because some city guards also participated in the rebellion.

In the heat, after living a confused life, millions of gold coins were recorded.

If the Kingdom Finance really goes bankrupt during his term of office, the Finance Minister will be the biggest scapegoat.

When Henry V realized the problem, it was too late and he could only let the royal masters who guarded him and took him away.

If the market confidence cannot be stabilized, no matter how much cash reserves are, they cannot withstand the endless runs.

If you can reduce loans, you should reduce loans as much as possible.

Logically speaking, the kingdom government should reduce taxes and provide assistance to local nobles.

Maxim has the ability to make money by relying on his back, and others can't even envy him.

Without exaggeration, the Near East Development Bank, which has occupied the first-mover advantage and seized the best customer base, alone accounted for 90% of the profits of all commercial banks in the North.

Even though we know that production cuts are a foregone conclusion, we are still busy saving ourselves in order to reduce losses as much as possible.

In fact, many times, you risk your life to save yourself and have no cost-effectiveness.

If you are not convenient for being a villain, you can only push the Minister of Finance to push the money. Anyway, most of the projects about money have been rejected in the past, and most of them were done by the Ministry of Finance.

No strong support is available within the government. With the wishful thinking of the Ministry of Finance and the support of his king, the probability of success is too low.

I witnessed the blood on the battlefield with my own eyes. If I don’t know how to expand the army and prepare for war, I will have a problem with my mind.

The situation of the palace guards was fine. In the era of Caesar III, only royal confidants were recruited, and ordinary local nobles had no chance to enter.

If possible, he would rather take this as an opportunity to promote the reform of the tax system in the kingdom.

Only a few loyalists in the royal family really fought to the last moment.

...

What's worse is that the thirteen provinces, most of which are in the central and southern parts of the kingdom, are the financial and taxation areas of the Kingdom of Alpha.

Calculated purely based on the income from farming, if the weather is good, the mountain lords will have to work for several years.

Even if he was king, Caesar IV would have no choice but to deal with the city guards for a while, so he could only keep changing his blood.

"Prime Minister, what do you think?"

Once a large number of small commercial banks go bankrupt and are unable to repay depositors' funds, the Near East Development Bank will inevitably be affected.

...

Based on the principle of not wasting, the roasted rye became the food for orc slaves.

Caesar IV frowned slightly, obviously this was not the answer he wanted.

The Near East Development Bank can hold on, which does not mean that other local small banks can hold on.

Giving some symbolic things is actually taking care of the face of all parties.

It is even more impossible to agree!

The situation is obviously different at the moment. The tax system reform is actually cutting the meat of the nobles.

But now we have no money in finances, so we have the will but not the strength!”

After all, it is well known how bad the kingdom's finances are.

The biggest feature of the nobles during internal struggle was to recognize the current affairs. Seeing that the general situation was hopeless, the remaining city guards and palace guards were too lazy to resist.

Everything requires money. How much of the loss is, it will take until the rainstorm is over before you know it.

He vaguely remembered the official documents sent by the Prime Minister a few days ago. He was just busy with personnel adjustments and did not deal with them in time.

There are many places where nobles appear to be present on the front line to supervise and command. At this time, the benefits of ordinary well-trained training are reflected.

Among the ministers of the kingdom, the Marquis Delgado was the one who was least afraid of rolling the bed and returning home.

The trained serfs can basically understand the orders of the noble master and obey the command and execute.

The palace fell quickly, and the emerging nobles in the palace guards cooperated with each other, and opened the palace gate and let the enemy in.

Looking at the continuous statistics of losses, Hudson's heart was bleeding. According to the agricultural department's estimates, the mountain harvest of autumn grain this year can be kept at most 40%.

In just one week, the Near East Development Bank deposits fell by eight million gold coins, accounting for five percent of our cash reserves.

The situation of the city guards is complicated. They have always been a gilded place for the children of nobles, and the relationships inside are complicated.

"If the order is passed on, all commercial loans handled must undergo the strictest review in the future.

The leaders lived a life of eating fried wheat and cooking wheat flour.

After all, royal power and prime minister are inherently opposed and unified. Whenever the king is strong, prime minister power will inevitably be weakened.

Of course, the banking performance is also excellent. With its scale advantages, both operating income and profits are outstanding among similar commercial banks in the Kingdom.

If a large customer wants to withdraw money, then sell their assets. After this storm, many people will definitely default on their debts, just think that they are looking for buyers in advance."

The government affairs department, agriculture department, transportation department and other relevant institutions have all come up with corresponding plans and put them into action.

The matter of substitution can be carried out at any time, and no nobles will rebel in a short period of time, but the disaster is imminent.

The disaster relief funds can also be distributed according to actual conditions.”

Such a capital hole may even break the kingdom's finances.

After all, in the eyes of a group of vested interests, putting a fool in the position of the Chancellor of the Exchequer is the greatest irresponsibility to the kingdom.

Except for this giant, all commercial banks are regional banks and have no ability to deploy business outlets throughout the Northern Mainland.

When it comes to capital utilization, money is not necessarily comparable to aristocratic lords when it comes to the hands of the kingdom government.

Rudolph's solemn expression of reports.
To be continued...