Blackstone Code Chapter 1480: The collapse of adults is often only a moment’s time
It was slightly bright, and Lynch had already woken up and started running.
A good life, self-discipline, and health management are the foundation of living longer.
Although the world is full of accidents, no one knows whether they can survive the next accident, but as long as they are still alive, they must be responsible for their present and future.
He changed his clothes and started running, exercising.
Lemar has a very bad, but arguably very good situation, that the correspondence between Lemar and the international community is in transit.
Simply put, if you want to call someone like a phone, you first need to know their number, then shake the handle—
That was in the past. Nowadays, telephones are basically connected to wires, and there is no need to shake a micro-generator to power the telephone.
A telephone with electricity will soon be able to communicate with the person on the other end of the line in a way that science can explain.
One thing to note here is that the other party must be on the other end of the line.
In other words, if the other party does not have direct line contact with you, then it is impossible for you to talk!
This has also resulted in the charging of very high telephone service charges in each country on the charges for outbound calls.
In the Commonwealth, for example, a phone call to Gavra costs about $1 and 20 per hour.
A phone call to Nagalil costs about one and eighty-five cents.
Due to distance, difficulty of connection, etc., the cost of international calls is actually very high.
However, there is no telephone bill calculation method in the Republic of Lemar, and the telephone network here is not connected to the outside world.
Deploying a deep-sea cable from the north-central part of the eastern ocean to the nearby land, this is not a problem of investment cost, but a technical solution!
At present, the telephone lines of mainstream countries are laid on the seabed, basically following a principle, that is, try to go from the shallow sea as much as possible.
No one knows what's going on in the deep sea, and if something breaks down, it can't be repaired.
There is no close independence from the Lemar Republic whether to the east or the west. It has left the archipelago, which is the deep sea.
Now there is no foundation for laying deep-sea cables, so in Lemar, in order to contact the outside world, in addition to the more primitive method of writing letters, there is only telegraph.
The occlusion of information allows people to do a lot of things with this information difference.
At six o'clock, before the telegraph office went to work, Lynch had run for half an hour and returned to the hotel.
The hot water is sprayed from the shower head and drenched on the body, quickly taking away the fatigue and sweat.
The weather has warmed up. Half an hour of exercise has brought a lot of physical exertion and naturally produced a lot of sweat.
At 6:15, he began to browse some notes and manuscripts, took a short break at 6:50, and began to work at 7:00.
A lot of times the federal society has been promoting a kind of "self-discipline", and always use successful people as examples, such as Ms. Tracy, a strong woman who wakes up at 4:30 to work, for example, when she gets up at 5:00 The big capitalists who got up.
In Lynch's view, self-discipline is actually a challenge to self from a certain perspective!
There is no harm in self-discipline, but it can make you more aware of your own limits.
If you want to make a breakthrough in your life, the best way is to break through your own limits first.
Be a self-disciplined person!
At 8:10, he sat in the dining room. The hotel had already prepared breakfast and delivered it, along with the breakfast, and a copy of the latest newspaper.
The special geographical environment of the Republic of Lemar makes it famous. There is only one newspaper that can cover the entire archipelago, that is, the "Republic Daily". It is said that the founder is still the first president.
Usually there is no big news here. Most of it is that some new projects have been established, or some infrastructure has been started, or some business areas have been developed and so on.
It's Lemar's biggest selling newspaper, but it doesn't really have any serious news, not so much serious news here.
But today, it uses a rather serious layout, without a little color, and the title of the front page is "The Invisible Future"
Speaking of the big news that happened in the international arena last night, the republic of Lemar was down in the assessment of the World Development Council, and the Federal Financial Regulatory Commission issued a danger warning to Ares.
In just a few hours, everything changed!
One Federation Sol has been able to exchange for more than 200 Ares, and there is still the possibility of continuing to widen the gap.
If the government of the Republic of Lemar cannot give a reliable response today to restore investor confidence, then its exchange rate will only continue to fall!
Don't look at it as if it's not included in the international currency settlement, but when a country's currency crashes, it brings more than just a halt to transactions!
The newspaper used a large section to tell everyone what the people of Lemar would face if this happened, and some of the current situation.
Lynch's expression didn't change from start to finish, which wasn't a particularly big deal for him.
The moment Lemar National Bank tightened its funding by raising savings rates, they were on their own on a countdown to destruction.
And the fact that they did not publicly issue additional currency to the public destroyed Lemar's face value.
Assuming that 100 yuan Aares can be exchanged for 1 gram of gold, now the bank has 100 grams of gold, and at the same time issues 10,000 yuan of currency.
Even if the outside world's assessment of Lemar is very poor, or the financial order is on the verge of collapse, Ares is valuable!
Because in any case, one hundred dollars of Ares can be exchanged for one gram of gold, which guarantees its most basic value!
However, the unannounced additional issuance ruined all this. When there was only 10,000 yuan in the past, 100 yuan could be exchanged for one gram of gold.
Now... Assuming that there are twenty thousand dollars, then two hundred dollars can be exchanged for one gram of gold.
But the problem is that there is no official document from the Republic of Lemar to say how much they have issued, and now it makes no sense for them to explain this to the society.
Because people have lost their trust in them and won't easily believe what they say, how disappointed people are with the government of the Republic of Lemar, how much evil is hidden in human nature, how much will Ares fall!
At the same time, the run on the whole island began to escalate. Because the value of Ares as a currency has collapsed, the value of this currency in social circulation is getting lower and lower, and it no longer has widespread circulation. !
And the import trade does not use Ares as a settlement, so as importing merchants, they will not mark the price of the goods as "Aares" units, which will obviously suffer a big loss, they will only use some international Currency as a unit of sale ensures that you will not lose money.
The situation that Ares cannot buy things as legal tender really begins to appear. Everyone knows that it is money, but no one is sure how much purchasing power it can represent!
Half it was before?
Or only one percent of what it used to be?
No one knows!
Some speculators, small businessmen, began "adventures", they agreed to settle the islanders using Ares, but the price was more than ten times the previous price.
A pound of eggs used to cost around 150 bucks, but now you want to buy a pound of eggs from those people, and you might have to pay 1,500, 2,000, or more !
Materials are already very scarce. The crazy accumulation of money by these speculators has catalyzed the explosion of internal and external factors and detonated all links.
Even if the National Bank's savings rate is ridiculously high, no one would want to keep money in the bank at this time, but take it out and use it to buy all kinds of things they can afford.
From a bag of wheat flour, a toothbrush, to a TV...
People are going crazy buying everything they can see!
At 8:35 in the morning, the government of the Republic of Lemar issued a statement to the archipelago and the world, in which their unannounced additional issuance was only 5% of the total issuance.
Actually this number is a lot exaggerated, in fact they print less than 1% of the total circulation.
But considering the current public sentiment, no one believed you when you said 1%, so the bank gave a figure like 5%.
But people still don't believe it!
Once something like credit is lost, it is very difficult to get it back.
Fortunately, some people still trust the Lemar government, but believing what it says doesn't help the run.
Prices are still collapsing, people's money is still becoming less valuable, and banks really can't withdraw money...
Everything, at this moment, completely exploded!
First on some remote islands, angry people started smashing stores, looting whatever was inside.
It started out as a food store, then it spread to a clothing store, then an accessory store...
All the shops were ransacked, and finally they targeted the bank~IndoMTL.com~ This kind of smashing storm is spreading rapidly all over the island, because the money cannot be withdrawn, because the money has become Waste paper, because of the past...
All emotions burst out with one target, the president, and the ruling party!
"If the President hadn't offended the Commonwealth, none of this would have happened!"
There is only this dialogue in people's minds, yes, if the president hadn't offended the federal people, those foreign capital would not have been evacuated urgently.
Supported by these foreign capital, the economic, social and financial framework that is developing and yet unstable will not be easily accessible.
If these coins hadn't been quietly added...
Everything is because of the President!
It's all because of him that Lemar is like this!
People rushed to the government building shouting the slogan "Down with the President", a bottom-up coup is taking place because of the economic and financial collapse!