Chapter 2727 2729【Sweeping the floor politely】
?Compared to the tragic losses of Wang Yufen, Cheng Huichang and Wu Peifang, Xiang Nan took advantage of the stock market crash to make a fortune.
By shorting the stock market, he made at least 300 million yuan, and he has qualified to become the richest person in Sweden.
?However, Xiang Nan knew that wealth does not reveal wealth, so he diversified his money and stored it early to avoid being exposed early, causing a big tree to attract wind and cause trouble for himself.
He plans to use the next three or four years to successively acquire valuable and potential factories and resources in Sweden, and formally convert wealth into capital.
Once he controls Sweden''s economic lifeline, he becomes the most powerful person in Sweden, and his status will not be affected no matter who is in power.
?In this way, even if the Jin family is a wealthy family in Sweden, no one else dares to bully them. This is much more reliable than anyone else.
…
Over the next few months, the Great Depression continued to spread, and the stock market continued to plummet, as if there was no bottom.
A large number of companies suffered losses or went bankrupt, foreign trade orders dropped significantly, and a large number of workers lost their jobs... The global economy has fallen into a Great Recession.
? What is even more troublesome is that due to the economic crisis, the banking industry, which has always been rock solid, has now become shaky. Countless small and medium-sized banks have gone bankrupt, and even many large banks are facing the risk of bank runs.
According to incomplete statistics, in the United States alone, there are as many as 650 banks that have failed, and more than 4,000 banks that are on the verge of failure.
?This trend soon spread to Sweden, causing great misfortune to Jin Fengju, Jin Hesun and Jin Pengzhen.
It turns out that the three of them deposited all their money in small banks because the interest rates in small banks were high. Now that the Great Recession has hit, these banks have suffered huge losses in their investments and loans. Coupled with panic runs by depositors, these banks also went bankrupt.
?As a result, Jin Fengju, Jin Hesun, and Jin Pengzhen were in bad luck.
??Not only did the stock market lose money, but many years of savings were wiped out. As a result, the three companies were completely ruined. Soon, they didn''t even have money to buy food.
?In order to maintain their lives, they had to sell the furniture they had previously purchased at high prices, such as cars, refrigerators, radios, telephones, gramophones, etc., and even their houses.
But because this is the period of the Great Depression, the prices of these furniture, which were once purchased at high prices, have dropped by more than half, and they can even be sold at a discount of 10% or 20%. It can be said that they have lost a lot of money.
?For example, the Volkswagen that Jin Fengju bought for 3,000 yuan back then cannot even be sold for 600 yuan now. It can be said that we lost a lot of money. But in order to eat, they have to sell.
…
“Third brother is really almost selling out all the pawns?” Xiang Nan asked Bai Xiuzhu in surprise.
??Bai Xiuzhu nodded, "Well, the house is almost empty. The car, refrigerator, radio, washing machine, gramophone, and even the good clothes I bought before are all sold. It looks so pitiful."
When she went to visit Wang Yufen in the morning, she was surprised to find that her cousin''s house was almost empty. Almost all the home appliances, furniture, clothes, jewelry, etc. that can be sold are sold out.
?This also left the third brother’s family with only four walls and nothing to grow, which looked really pitiful.
?Especially since Wang Yufen was so angry that she vomited blood before, and now she has lost her remaining savings and even no money for medical treatment. Her whole body is sallow and sallow, and she looks really distressed.
"Poor people must be hateful." Xiang Nan curled his lips.
??Had they been willing to listen to him at the beginning, they would not have suffered the losses they have now. If they had been willing to stand on their own, they would not be in this poor situation now.
"Don''t say that, she is already very pitiful." Bai Xiuzhu advised, "I left five hundred crowns for my cousin. I hope I can help her for a while." "Don''t give her money in the future." Xiang Nanyi Listen to Quedao.
"Why?! Five hundred crowns is not a lot of money, and it''s not that you can''t afford it. Why are you so stingy?" Bai Xiuzhu said dissatisfied after hearing this.
Five hundred crowns, which is equivalent to more than 600 oceans. This little money is nothing to Xiang Nan. Even to her, it was just a drop in the bucket.
"I''m not stingy, but if you help her now, you are harming her." Xiang Nan curled his lips and said, "What she needs now is not money, but the spirit and courage of self-reliance.
?The reason why the eldest brother, the second brother, and the third brother have reached this point is that they only know how to eat, drink, have fun, and be arrogant and licentious, but they don’t know how to rely on themselves, so they are completely ruined when the crisis comes.
If you give them money now, they will have no need to change. In this way, it will go on like this for a lifetime. Can you bear to watch them remain parasites for the rest of their lives?
Only they know how to make progress. When the time comes, it will only make sense for us to help them. Otherwise, it would just be raising a few more pigs that are left to eat and die. "
?Bai Xiuzhu was stunned for a moment, then nodded.
…
Two months later, Jin Fengju’s days of pawning with three families finally came to an end, because there was really nothing left to pawn, and even the house was sold.
Therefore, by the beginning of 1930, the three families had no money, so they had to run back to the Jin family mansion in despair and beg Jin Quan to take them in.
?Although Jin Quan took them in, as he said before, he only gave them a bowl of porridge for every meal. I want to eat vegetables, meat, fish, fruits, cakes... none of them.
?The three families, Jin Fengju, Jin Hesun, and Jin Pengzhen, who were accustomed to eating, drinking, having fun, and enjoying delicacies from the mountains and seas, could not bear it. Within three days, their mouths had turned like birds.
But they did not dare to make demands to Jin Quan.
After all, the three of them don''t even have the ability to stand on their own now. If they offend Jin Quan and are kicked out, they won''t even have a place to stay.
It’s just that the three of them are not willing to just eat free rice every day.
?Although compared to the poor people who have lost their jobs and lost their savings, a bowl of white rice is already hard to come by.
But they are used to enjoying it after all, so in desperation, they are forced to grow up, want to find a job, make money to support their families, and live the same life as before.
For this reason, the three of them began to find jobs.
But now that factories and companies have closed down one after another and orders have dropped sharply, it is naturally not easy for them to find jobs. They go to the employment agency to queue up every day, but every time they come with hope and end with disappointment.
?Moreover, after having been in contact with the poor people for a long time, they realize that it is actually very rare for them to have enough to eat now.
Like many poor people, they already have no money to buy rice and can only rely on charity and begging. He even picks up unwanted trash and takes it back to eat. Even so, we don’t have food to eat every day.
Hungry, sick, and dying of hunger abound. After letting the three people see it, they all couldn''t help but regret that the real life they lived before was too luxurious.
??As long as you save some money, you can still live a fairly prosperous life. At least you can have enough food and good food.
??It is really unethical to be forced to gather with so many people to look for a job like now.
(End of this chapter)