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Volume 1: Angelica meets Guihua Chapter 347: Consequences of the collapse

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    readx; The Spring Festival of the second year of Shaoxi passed, and then came the Lantern Festival, which was even more lively than the Chinese New Year. Zhao Dun, an official of the Song Dynasty, personally staged a lantern show to entertain the people.  After some renderings in the newspaper, a festive scene of universal joy appeared on the paper.

    Looking back on the first year of Shaoxi, the army and people of the Song Dynasty made great achievements under the leadership of the new emperor Zhao Dun.  Although a good foundation had been laid in the hands of the old emperor Zhao Yu, when the new emperor came to power, he established several new special zones. Now there are Xiayi Special Zone, Sado Special Zone, Ryukyu Special Zone, Taiwan Special Zone, Luzon Special Zone and Kela Special Zone.  Special Zone, it is said that Sakhalin Island will also become a new special zone of the Song Dynasty in the near future. It seems that the era when the glory of the Song Dynasty will shine all over the world has arrived.

    Among these, what is particularly worth writing about is the successful listing of the Sado Special Zone, which can be described as a huge military and political victory of the Song Dynasty. With Little Japan convinced, the Chinese government took all the face, and the gold mines in the Sado Special Zone have been growing continuously.  Mining underground is an open secret. According to legend, the gold dug out of the Sado Special Zone alone can increase the Song Dynasty's annual income by 5 million guan. As for the little money the Japanese compensated, it was just a small subsidy for the emperor's family.  Forget it, okay, Japanese labor is really good, even better than the Kunlun slaves in the Tang Dynasty. The wages are dirt cheap, and they work extra hard, which greatly alleviates the low-end labor shortage in the Song Dynasty.

    The second aspect is that the Song Dynasty conquered Dali to the west and achieved a brilliant victory. After Marshal Xin captured the Moutong Mansion, the Emperor of Dali, Duan Zhixing, was obviously frightened. This emperor who chanted Buddha every day was almost a puppet.  It was Gao Guanyinzheng who was in control. When the Song Dynasty's troops were overwhelming, Duan Zhixing also made plans. It seemed that there was no chance of confrontation. Taking advantage of the truce period deliberately set aside by Marshal Xin, Duan Zhixing began to arrange secret envoys to negotiate with the Song Dynasty.

    In fact, the Song Dynasty has always been particularly tolerant of those who surrendered, so after some negotiations, Duan Zhixing's conditions were almost settled.  It seems that both parties are in the gap between the Spring Festival and the Shangyuan Festival. If you don't hit me, I won't hit you. In fact, all parties in Dali are not idle. Gao Guanyinzheng saw that there was nothing he could do, so he secretly arranged for emissaries to come.  I had a secret conversation with Marshal Xin. Since I couldn't win, there was only one way to surrender, but I still had to try my best to get some benefits.

    The Duan family and the Gao family in Dali have limited cards, so of course they will not ask for high prices.  The ethnic policies of the Song Dynasty were very tolerant, and they were always good to those in power who submitted to the Song Dynasty. Therefore, there was no problem for Duan Zhixing and Gao Guanyinlong to become rich men after they submitted to the Song Dynasty. As for the Duan family and the Gao family, they had been in Dali for so many years.  It has already flourished, and the Song Dynasty is not reluctant to give some sweetness to the two families. After all, it still hopes that these two families will not cause trouble in the future.  In general, the two sides were still working on some details. If Xin Qiji hadn't been serious about his work and refused to let things slip casually, the kings and ministers of Dali would have surrendered long ago.  But no matter what, it is only a matter of time before Dali's monarchs and ministers surrender.  In other words, Dali no longer needs to fight, and can be brought under the rule of the Song Dynasty in a more harmonious way.  Such an ending was not only promoted by Xin Qiji, but also something the Song Dynasty court wanted to see.

    Recovering the entire territory of Dali and renaming it Yunnan was even more impressive than the Tang Empire.  Therefore, newspapers unanimously believed that this was a symbol of the resurgence of the Song Dynasty.

    To talk about rejuvenation, in addition to allowing the people of the Song Dynasty to be extremely psychologically excited, it is also really a considerable benefit of stock investors in the Great Song.  Victories one after another brought strong stimulation to the stock market. Stimulated by the benefits of the war, the stock market soared. It had risen to more than 900 points before the war. It rose more than 8 times from the 100-point benchmark.  Before the New Year holiday, the stock market soared to an incredible 2,800 points.

    This is really a great situation. Military, political and economic success has been achieved across the board. Zhao Dun, who has only been emperor for a year and a half, is going crazy with joy.

    During the Lantern Festival during the Chinese New Year, many bull market thinkers wrote in newspapers and pointed out that as long as the news of the surrender of Dali monarchs and ministers is announced after the festival, the stock market will break through 3,000 points in one fell swoop, and the market outlook is expected to challenge 5,000 points. Some optimistic guys even  Prediction - Six thousand points is easy, eight thousand points is not a dream, and so on.

    There are also some inappropriate statements about indifference. For example, Ye Shi pointed out that one should not be overly optimistic.  Wen Yuan, who represents the opinions of the "returnees", has also written many articles. Most of his articles are cautious and worrying. His view seems to be that it is difficult for the stock market to reach 3,000 points.  Of course, Zhao Dun didn't believe this. Zhao Dun felt that this major benefit in Dali could make the stock market hit a thousand points.  However, with Zhou Bida, a prudent prime minister, and Lu Yijian's repeated admonishments, Zhao Dun finally did not insist on holding a heavy position in the stock market, and finally realized 40% of the cash.

    After the bustling Lantern Festival, the stock market, which had been closed for 20 days, finally opened again.

    After the market opened, the stock market continued to rise, but encountered resistance at 3,000 points.  On the 18th of the first month, the news of Duan Zhixing's surrender was officially announced, and the stock market benefited from this.Exciting, it easily crossed 3,000 points and rose to more than 3,400 points in one fell swoop.

    While people are eagerly waiting for 4,000 points, the market is showing signs of weakness in rising.

    However, Da Song investors, who had not suffered any major setbacks in this era, did not give up. In the following ten days, the bulls twice tried to attack 4,000 points, but ended up stopping at 3,600 points twice.

    Unexpectedly, after being blocked twice at 3,600 points, the market turned downward and fell back below 3,000 points in just two days.

    Optimistic 12th Century investors also feel that the decline is just a temporary correction and that the upward trend will resume in a few days.  Wasn't that what happened last time?

    By the way, last time it was Mao Geng who scared himself. The arrival of a group of "traversals" made Mao Geng lose his sense of proportion, causing him to sell stocks wildly, causing a false alarm in the stock market.  That time Mao Geng had a guilty conscience. After he became the leader of the Time Travelers, he naturally had to buy back some stocks. As a result, the stock market quickly got out of the downturn and staged a desperate counterattack.

    But this time, the scene of a desperate counterattack was not staged. Instead, after a short return order, it fell all the way, and soon fell below 2,500 points.

    Two more days passed, and Zhao Dun was in a very bad mood these two days.  Because the stock market is still falling.

    "What are you talking about! It fell to 1800 points? Impossible!" 1800 points is half of the highest point of 3600 points. Basically, the stock will be cut in half. Zhao Dun really can't accept this.

    "Ten million guan, just gone!" Zhou Bida muttered carefully from the side, it was really painful, otherwise Zhou Bida would not have touched Zhao Dun.

    "We can't just lose it in vain. Lu Aiqing said that we can notify Mao Geng and the others and ask them to raise 8 million guan. The imperial court raised 12 million guan. We can buy the bottom! I don't believe it. If I spend 20 million guan, how can the stock market rise again?  Get up." Zhao Dun's intention was, among other things, to recover the loss.

    "Your Majesty, no, oh, the veteran is saying that this matter must be done with great caution. I heard that the stock market has been falling in the past two days, and everyone who holds stocks is in panic. The imperial court suffered a nominal loss of 1,000 in this plunge.  Wan Guan, in fact, in terms of principal, the loss is only 3 million Guan. The loss of 3 million Guan is not a big deal to the court. What if, I mean what if, if I invest another 12 million Guan, if it still falls.  Well, wouldn¡¯t it really cost 10 million yuan? If that happens, the court will have to use the money accumulated over the years. I am afraid that this will cause rumors to spread and endanger the government. If it causes the devaluation of Huizi, disaster is not far away! "

    The person who came out to remonstrate was Zhao Ruoyu. He was a member of the clan, so naturally he dared to speak out. The loss of the treasury would affect the credit of the emperor. This was what everyone wanted. According to Zhao Ruoyu's idea, at this juncture, no more risks could be taken.

    "According to your opinion, at this point, it is not only inappropriate to buy, but also to sell. Is this what you mean?"

    Zhao Dun spoke in a rather unkind tone. Zhao Dun thought to himself that as an important minister of the imperial court, he was messed up. As for this, of course Zhao Dun was unhappy.

    But at this moment, Zhao Ruoyu became more and more afraid as he thought about it, for fear that this matter would shake the foundation of the country, so he replied without thinking:

    "I think that is the case. Selling is the safest move. What if it falls to 1,000 points again? No one dares to say how far it will fall!"
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