Unlike another world, the financial crisis in the other world has caused serious damage to society, but the militaries of various countries are relatively stable; there is always a layer of separation between the ordinary social level and the military level, so the impact of the financial crisis on the military is not serious.
But in the fairyland, it is not like this. Here, ordinary people and soldiers are all cultivators; even the real masters do not join the army; this leads to a very realistic problem - once the civilians collapse, the defense of the entire country will be full of loopholes.
When the stock markets of the countries in the Cultivation Alliance collapsed and public confidence collapsed, almost all the business elites in Shang State joined the ranks of taking advantage of the situation.
When the cultivators from various countries in the Cultivation Alliance suddenly found that they did not have enough wealth in their pockets to purchase cultivation resources, the merchants from Shang Country began to sell items at high prices, and only wanted gold; gold carries luck, but at this time the cultivators from various countries in the Cultivation Alliance did not care about this luck.
Compared to the invisible and intangible luck, cultivation is real; with cultivation, you can steal other people's things, how simple it is.
After the outbreak of the financial crisis, the countries in the Cultivation Alliance began to fall into chaos, from the ordinary people to the backbone of society, society was collapsing; and without the monetary system, the national political system could not be guaranteed, and a crisis of national disintegration was facing many countries.
Previously, various countries had expanded madly and their foundations were already unstable. Now a financial crisis had broken out, and society was in a state of panic. Social resources suddenly became extremely scarce, and restlessness and unrest were spreading within the countries of the Cultivation Alliance.
There was also an instant financial collapse, which led to strikes in factories and other places, and serious damage to the industrial and military production of various countries. In particular, countries are now rushing to digest and absorb the technologies from the four major sects and are extremely dependent on the industrial system. The outbreak of a financial crisis at this time can be said to be a very fatal attack.
Countries are in a panic, but the busier they are, the more chaotic the situation becomes!
The merchants of Shangguo, however, were robbing with red eyes, and a large amount of wealth was pouring into Shangguo. Various mature financial means emerged one after another, the first of which was the transfer of the subprime mortgage crisis. The merchants of Shangguo sold their overly risky investments to foreign countries, cashed out, and then used the money to acquire outstanding companies in various countries.
There is also hedging, where a financial group plays against itself, but it confuses its opponents, makes them lose their judgment, and finally collapses.
There is also the most typical Ponzi scheme; it is forbidden in the Shang Kingdom, and if discovered, it is a sure death; but the Shang Kingdom does not prohibit merchants from performing it abroad. This time, the merchants of the Shang Kingdom played a Ponzi scheme on the countries of the Cultivation Alliance:
The common people and masters of the countries in the Cultivation Alliance watched their own countries' financial collapse, but at this time, Shang State actually had excellent investment projects, which were investments in Shang State's domestic industries. Many financial companies in Shang State also promised: after three days, they would return profits every day, with an overall return rate of more than 20%. Seeing such generous conditions, the personnel of the countries in the Cultivation Alliance of course actively participated. However, they did not know that they had been trapped.
There are also futures; merchants from Shang State took advantage of the surge in cultivation resources in the countries of the Cultivation Alliance to sell futures to the cultivators of the Cultivation Alliance at high prices - bring the money first, and we will deliver the goods after a certain period of time.