Zhu Wencong left the factory with one thousand pounds and was satisfied. Not only has he failed to resign, he has also become James' assistant.

There is no need to clock in and take charge of factory affairs, you only need to make suggestions.

James is not doing it for the factory, but for the sake of public benefit and personal gain. Together with Zhu Wencong, he "privatizes" the factory.

The boss above insists on siding with the Southern faction. Once the war ends, the huge debt will make James and the boss jump into the sea together.

The relationship between James and his boss is not life-threatening, so the boss will do it alone.

Zhu Wencong was also happy to carve up the mint with James. He only had to wait a year for the situation to quickly reverse.

"How was your score this morning?" Zhu Wencong came to a Fujian restaurant.

"There are still not many people coming to buy our stocks, but the income is good." Sun Ji said with a smile.

"Most people don't understand stocks. A few people just give it a try and won't lose much money." Luo Chu described.

Zhu Wencong looked at the food on the table and knew that they had really made money today, and his heart was completely settled.

With interests as motivation, Zhu Wencong does not need to take the initiative to do anything, and the people below will be very diligent.

Zhu Wencong opened the thick envelope and found one thousand pounds inside. This amount of money is difficult for ordinary people to earn in a lifetime.

Everyone took a deep breath, thinking that the boss is the boss, and they will know if they have real skills as soon as they take action.

"Is this submitted by the boss?" Hu Zhongshun stared at the envelope.

"There is also a suit! Leather shoes!" Zhu Wencong stood up and showed off his outfit.

"Boss...where did your suit come from?" Zhao Da knew that the suit was custom-made and there was no time.

Zhu Wencong sat on the bench and took a sip of tea first. As a boss, he must be well-dressed.

"Given by the boss! Each of you can take 10 pounds, order a suit for yourself, and get your hair fixed.

From now on, you focus on dressing, grooming, words and deeds. As the saying goes, people rely on clothes and Buddha relies on gold.

How can you make others believe that the stocks in your hands are golden stocks when you are dressed in such rags?

When introducing stocks, you must be confident and confident again. If you are not confident, how can you make others believe it?" Zhu Wencong taught everyone a lesson.

"Boss...can you explain to us the stock thing!

To be honest, we really don’t know much about it, we just know to buy low and sell high to make a profit..." Luo Chu asked for advice.

Zhu Wencong fell into deep thought. To be honest, he didn't know much about stocks or finance.

I only know that the market in the 19th and 20th centuries grew wildly without any rules and order.

When factories and companies run out of money, they issue stocks. How much is issued and what the price is actually have huge implications.

For example, the birth of the American automobile industry directly detonated the rubber market, and Shanghai quickly became the financing center for Southeast Asian rubber companies.

The collapse of the Qing Dynasty was related to rubber. At that time, the financial crisis and the collapse of the rubber market led to the direct collapse of the eight major banks in the Qing Dynasty.

The story also begins in 1908, when the British established the Merangs Colony Company in Shanghai to sell rubber stocks to the public.

And published the famous article "The Rubber World of the Future" (similar to "The Internet Changes the Future" and "AI Replaces Manpower") to introduce the future rubber gold market to the public.

At that time, the financial center was not Wall Street, but the City of London. The hot market there indirectly drove up the stock price of Langezhi Tuochong, from the issuing price of 3 taels to a maximum of 17 taels.

For a time, people in Shanghai talked about rubber. Whether they were officials or businessmen, ordinary people would buy rubber stocks.

The poor took the coffin book, the middle class mortgaged their assets, and the rich increased leverage. By 1910, nearly 60 million taels of silver had been injected into the rubber market, about 70% of which came from the East.

In June, the United States began to restrict rubber consumption, directly bursting the rubber bubble; rubber prices in the London market collapsed, and foreign banks that received the news in advance quickly ran away.

Deyuan, Yuanji, a bank associated with the largest private bank account in the Qing Dynasty at the time, "Ningbo Yuan Fengrun", directly suffered a loss of 5 million taels.

You may not know Yuan Fengrun, but everyone should know Hu Xueyan. He is Hu Xueyan’s successor Yan Yibin, known as the little prince of politics and business, and the big red-top businessman.

In August, the Qing Dynasty reacted and Daotai Cai Naihuang came to the rescue urgently. Yan Yibin took out all his belongings as collateral and injected 3.5 million taels to barely protect the market.

In September, the Gengzi compensation was due to Shanghai for 1.9 million taels of silver. In the name of saving the market, Cai Naihuang applied to the Qing Bank for funding and delayed compensation.

Regent Zaifeng got angry on the spot and issued an edict to scold Cai Naihuang. If the stock market collapsed, it would collapse. What does it have to do with our Qing Dynasty!

What kind of bullshit finance, bullshit bailouts, stuff you can’t even understand, these are all trivial matters as long as no one rises up!

In Zaifeng's eyes, you, a small Taoist, who disobeys the imperial court's orders is treason! If you don't pay, you will be dismissed! Hu Xueyan, who went bankrupt that year, is a typical example!

As a result, the market collapsed, half of the banks closed down, and Oriental investors lost more than 40 million taels, including 6 million taels of Guangdong official silver, 4 million taels of Hankou Customs, and 3.5 million taels of Shanghai Customs.

At the end of the year, a little-known company, the Hanchuan Railway, suffered a thunderstorm. Financial manager Shi Dianzhang misappropriated public funds from the Shanghai branch to speculate in stocks. Due to the bankruptcy of the bank and the loss of all stocks, the Hanchuan Railway suffered a total loss of 2.5 million taels of silver.

Later, the Qing Dynasty wanted to take back the national railways to state ownership, but did not bear the debts of the Hanchuan Railway, and the conflict exploded instantly.

Because the shares of the Han-Sichuan Railway are "rented shares" forcibly distributed to Sichuan people, they are all people's hard-earned money.

Therefore, taking back state-owned assets and not assuming debts became the straw that broke the camel's back. It was about to break out, and the road protection movement began.

"If you want to understand finance, you must learn to deceive. If you don't know how to defraud, you won't know finance.

This principle can be applied to stocks. Only stocks that are bought by others are valuable, and stocks that are not bought by others are waste paper.

Our stocks cannot be listed on the market, so we can only set up a stall at the entrance of the market to sell them, which is no different from regular stocks.

How do you put it? You can write a thousand or ten thousand tickets for this stock, but you can't sell them all to the market. It's just a pile of waste paper.

Currency counterfeiting can be spent, but stock counterfeiting is only paid by fools, and the financial market is like harvesting leeks." Zhu Wencong found that everyone is looking at the big and the small.

"Let me put it plainly! The stock market is a reservoir that stores excess currency on the market.

If there is no reservoir, a large amount of money will be like a flood, prices will skyrocket, and food, clothing, housing and transportation will be a luxury.

In order to maintain price stability, we need to establish more reservoirs, such as the property market and the stock market.

When the government is short of money, it can take money out of these markets and put it in when there is more money." Zhu Wencong drank tea.

Everyone looked at each other, as if they understood, but they seemed not to understand.

"Let me use another metaphor! Others are fishing with fishing rods, but we go directly to the fish pond to catch fish.

People’s savings are all in the stock market. How much you can take depends on your ability. This is reasonable, legal and compliant.

You just need to remember that when some people make money, some people lose money. We should be the people who make money and ignore the people who lose money.
Chapter completed!