Lingyu First Bank

Chapter 422 Can National Debt Be Relied On?

Wang Yuan's anger today is definitely not a whim. After a company grows bigger, due to the division of labor and refinement, everyone's right to speak will definitely be reduced compared to when they started their business. Many people's sense of responsibility will become more and more dull, especially in some companies. This is one of the reasons why many business owners prefer to use newcomers after they make a fortune.

In fact, Wang Yuan already knew what happened, and he had observed the meeting here for a long time, but what disappointed him was that so many old people who followed him along the way, in the face of this kind of matter that requires collective wisdom and needs to be resolved. I chose silence. Silence is a form of expression. There are various reasons, but none of them is because I want to take responsibility.

Wang Yuan had never said such a serious word in front of everyone.

All the senior executives bowed their heads and thought about Wang Yuan's words, and they had to admit that their mentality had undergone a huge change from before.

"President, you are right. There is a problem with our thinking. I must analyze myself carefully. If you don't tell me, I really didn't realize it." Feng Jiao was the first to stand up and express her opinion. , but daring to speak and act, is also a high-level executive that Wang Yuan admires.

Wang Yuan nodded, and then the higher-ups expressed their opinions one after another.

Seeing that the heat is about the same, turn over this article first, the so-called overkill is too late.In addition, the current situation is also very urgent: "I just came in, and the matter is not clear, Wang Yue, please introduce the situation."

Although Wang Yuan already knew the whole story, it was necessary for everyone to listen again in this kind of meeting. This was actually a process of thinking.

"Okay." Xiaoyue'er pointed at Biyuping and began to introduce.

It turned out that a major event happened in Tengyue Kingdom a few years ago, the Lord of Tengyue Kingdom died of old age.

Although monks have a long lifespan, unlike ordinary people who suffer from repeated illnesses before dying, the death of a monk is often instantaneous.Of course, most monks can foresee that their lives will come to an end, but it's not so clear.

Originally, this was also a normal thing. After the old king died, it was enough for the crown prince to succeed.

However, this prince is not very popular, and he is not popular in Tengyue Kingdom, and the second prince's ambition has been around for a long time. Only five years after the prince succeeded to the throne, the second prince even organized an assassination of the new king, and it succeeded. The prince ascended the throne by himself.

The entire court was in an uproar. Under such circumstances, the Tengyue Kingdom was in serious conflict. In any place, regicide is a felony. Moreover, Tengyue Kingdom is still a vassal state of the Mengcheng Empire.

After an investigation by the Mengcheng Empire, it was determined that the second prince had murdered the king and conspired against him, and appointed the fourth prince of Tengyue Kingdom, Hatano, to succeed him, and the new king would deal with the second prince.

The second prince was not willing to be arrested without a fight, so there was a civil strife in Tengyue. Fortunately, the fourth prince had some means to quell the turmoil in a short time, and the second prince was arrested and executed.However, the hearts of the whole country are floating, and chaos abounds in the court.

After this year, a batch of treasury bonds issued by Tengyue five years ago were due and needed to be paid. The household department suddenly reported to the new king Hatano that the treasury was short of spirit stones.

Originally, there was no solution to this matter, and it would be over after issuing another debt.However, Hubu recently rejected Hatano's several requests to build a new palace and purchase high-level elixir.Moreover, it was an accident that Hatano took the position, making him the Lord of Destiny in his self-knowledge.Without even thinking about it, she told the household department and the national bond exchange directly that the debt was borrowed by the second prince who conspired against him back then, but Tengyue Kingdom refused to admit it. If he wanted the debt, he went to the second prince.

This is a bit unreasonable. As a country, no matter who is the king, you have to accept the blame.Whoever borrowed it was the flower of your Tengyue Kingdom, and there was no reason to find a dead person to pay for it.

However, the Ministry of Finance was really upright, he didn't even persuade him, and released the news directly according to Hatano's wishes.

This moment directly caused panic in the treasury bond exchange. This was not a problem of a treasury bond being unpaid, but a direct indication that the treasury bond might have a huge risk of default.

Tengyue announced that it was not ready to pay the national debt five days before the national debt was about to expire. Within two days, the huge panic caused a wave of selling of Tengyue's national debt. Because there was no buying, the bond price fell again and again. The sky has fallen by more than half.

Both the bond and stock markets have closed today, but in the past two days, not only the Tengyue family's national bonds have been falling, but now, except for the national bonds of Xianyu Empire, because of its reputation over the years, the temporary decline is not large. More than 20 varieties of national debt in many countries are falling, and what is even more frightening is because of the knock-on effects.Even national debts can be bad debts, private companies are even more unreliable, and the stock market is falling along with national debts. If you don't interfere, it's not just a problem of falling national debts and equity.At that time, as the financial territory of Wang Yuan, who created banks, bond markets, and stock markets, I am afraid that it will become the best carrier for countries to transfer conflicts. Even if Wang Yuan has deep friendship with high-level officials in various countries, he may not be able to keep himself asset.

Wang Yuan waited for Xiaoyue'er to finish speaking, and did not ask for opinions from all parties. Their silence just now, apart from shirking responsibility, also showed that in the current consciousness of people, there is no way to propose a solution to the problem.

Wang Yuan looked around at the crowd, and said slowly: "According to Wang Yue's proposal, all high-level officials should communicate with the debt issuer and ask them to issue a statement guaranteeing payment. However, I don't force it, and if I don't want to issue it, I don't have to. Out. After the market opens tomorrow, use all available funds to purchase Tengyue government bonds, not limited to the period that is about to expire, as long as the decline is large enough, buy them all."

"President, we can't do such a bottom-up thing. Once this kind of concept is formed, all the issuing countries will default on the contract, and we will lose everything in the end." Li Lao couldn't help it when he heard this. He and Others are different. He has been a mortal for too long, and the concept of property is deeply rooted. If he is to lose money, it is better to let him die.But in the situation just now, he was a little cultivator who was only in the early stage of foundation establishment. Although he was a member of the decision-making committee, no one took him seriously at all.He was deducted half a year's salary, and the pain in his heart was beyond description.Now that Wang Yuanyi said that he wanted to collect these bonds that were worse than rubbish, Mr. Li couldn't bear it anymore.

"Old Li, uh, no, what's your real name now?" Wang Yuan touched his nose.

"Li Tianliang." Xiao Yue'er said behind Wang Yuan.

"Li Tianliang, you are right, but that is under normal circumstances. Since you dare to speak up, you will be rewarded with 100 million high-grade spirit stones. Well, you are only in the early stage of foundation establishment, so this is too bad." Wang Yuanyi pointed Li Laojiao, under the gaze of everyone, Li Laojiao's level has been rising continuously.In just a quarter of an hour, Li Laojiao's cultivation has been promoted to the foundation establishment Dzogchen, and this is not the end, a tribulation thunder appeared in the conference room inexplicably.

Li Laojiao, today's Li Tianliang, has advanced to Jindan.

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