Chapter 127: 127 Economic crisis

This moment, with the help from Zhao Lingxin. As a result, many companies have established themselves exclusively to produce movies. But many directors were skeptical of the script that the emperor sent because the story was too frustrating.

For example, in some stories, the heroine is dead. The hero turns into a monster waiting for a kiss from the princess. In the last episode, the male protagonist is not matched. And many more. Many people wonder if these stories are really popular or not.

"Do not doubt his majesty's vision. Hurry up, hurry up." Many companies have begun the casting process. To start shooting further.

Zhao Lingxin has copied a famous movie from the past and handed it over to these film companies. Zhao Lingxin was confident that these stories would surely be successful.

Love movies are low cost. The easy production process, therefore, is suitable for the nascent film industry. It consists of a plot that ends in grief. Create a psychological impact on the audience. Zhao Lingxin waited anxiously for the result.

Under peaceful circumstances, a clear sky day. No one thought that this day would become an important day in history because the empire had already begun to have an economic crisis.

At the Imperial Stock Exchange Building today, the stock market index closed at 2300, down from 2600 from its high. Save below 11.54 percent on a single day. It created a panic for many investors. Because this is the first time since the stock market was established. The stock market index dropped to this low 11.54 percent on the same day.

In the past, the stock market was volatile all the time. But this is the first time there has been a considerable fluctuation. The stock market closed down 11.54 percent. It is generating a ripple effect on the stock market as soon as trading closes in the evening.

"What happened here? Why is the stock market index falling so much?" Many people became anxious. They are trying to find the truth of the matter.

Until finally, many people have found that the source of this problem is a small private business can't start selling products. The production rate has been reduced. They are resulting in less profit Causing big investors to sell their shares this afternoon.

In the past, the empire's economy expanded rapidly. Due to the enormous demand within the country, people began to have enough resources to buy things.

But now, the domestic economy is saturated. The empire had too many industrial plants. Many companies produce the same product and sell it in a large number of markets and allow people to choose to buy according to their convenience.

For this reason, for the first time, most factories begin producing surplus products—the population of the 12 million people of the empire. Inability to absorb these products up to the speed of production.

Causing the first phase to lower the product price, But it didn't get good results. Many investors are dreaming of increasing their pockets every day. Just lie down and wake up looking at the stock market graph that keeps on growing. They are very happy.

Later because they cannot sell the product, Most factories' cash flow is insufficient to operate their businesses. There were large quantities of goods piled up on the warehouse, lying motionless.

Major shareholders began to see the crisis approaching. But they shut down the news, so no one was aware of it. Until the company started to lose steadily, Large investors join forces to sell stocks to collect profits for survival.

The retail investor, as desperate as a dream, stared at the red stock chart. Now, if they are not in a hurry to sell their stock in their hands. Soon they may become insolvent.

That night many people couldn't sleep. Waiting until the morning at nine, many people rushed to the stock market to sell their shares.

"I sold all my shares now." Many people picked up their instruments and ran to the counter to submit their offering.

"I have to sell first." There was chaos in the stock market. The people were shouting chaotic stock sales. Scramble to release the stocks in their hands as quickly as possible before losing more.

On that day, the stock market had fallen steadily until 2000, this time causing panic throughout the empire. Many companies suddenly lack cash on hand until having to close and file bankruptcy with the court.

"Not good, then I have to sell the shares in my hands as well quickly," cried out several businessmen.

"Hurry up; if we sell more slowly, We may not have a single coin left." Rumors started to circulate. Until the Ministry of Economy and Trade began to recognize this issue.

"Send somebody out to investigate the matter as quickly as possible," Sun Wanping, Minister of Economy and Trade, swiftly commanded.

Because if you let a problem happen, lest the crisis spread further.

They had never been aware of this problem before. Including the empire has not encountered such economic problems, Causing a lot of delay in the staff's work.

The Ministry of Economy and Trade decided to intervene, ordering the imperial stock exchange to close for seven days. But this decision seems too late.

Now the empire's communication technology has developed a lot. Although the phone is not yet widespread long-distance radio communication, many business people buy and possess it. Make the news of the stock market in the capital spread around and profoundly impact the city of Dongzhou.

Dongzhou City Stock Exchange was recently established. The foundation is not yet strong. When faced with such bad news.

This caused the stock market index of Dongzhou to drop more than 50 percent in a single day. The situation here was more difficult than in the capital.

Some people wake up in the morning to find themselves completely bankrupt.

"It must be a dream. I must be dreaming." Some people were simply unacceptable in this situation. His savings are gone with the wind. Someone jumped down from a tall building to suicide.

The Dongzhou stock market almost collapsed in a single day. If there is no Stock Exchange Trade prohibition order, I'm afraid that the Dongzhou stock market will really collapse.

The problem has begun to spread to the general public. Hundreds of thousands of workers were suddenly laid off because they shut down many factories at one time. In which most people were unable to catch up.

Many workers traveled to work early in the morning. But when they arrived at the factory, they had to be silent. Because they found that the factory they worked every day had closed for business.

"What happened?"

In just three days, the empire's first economic crisis had formed. And cannot be stopped anymore. The financial crisis began to spread throughout all areas of the kingdom. It was affecting a large number of people.

"We can't control the situation. Contact the government urgently," said Sun Wanping impatiently. Who would have thought that in just three days, The economic crisis would escalate into such a big deal? Sun Wanping couldn't handle it any longer.

Even if Sun Wanping did not notify the government, he could not hide the matter. This had too much impact that the Cabinet had to open a meeting very quickly.

"We need to fix this as quickly as possible. This crisis affected many people," Finance Minister Lieutenant Colonel Yao Long said hurriedly.

The crisis started with the empire's rapidly growing economic structure. In addition, the number of the population in the country is low. People's purchasing power cannot meet mass production.

Businessman loss and bankruptcy hundreds of thousands of workers are entering a state of unemployment if the government does not manage this matter well, lest there will be an uprising in the country.

If you let it go like this, the situation will escalate into a falling domino. The empire's economy will stop expanding Halt the development of the empire.

"We cannot handle this alone. Tell His Majesty the problem as soon as possible." General Guo Ling decided to listen to Zhao Lingxin's advice.