Chapter 2727 2729【Sweet sweeping】
Compared to the disastrous 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 earned at least 300 million oceans, and he is already qualified to become the richest person in Sweden.
However, Xiang Nan knew that wealth should not be disclosed, so he dispersed and stored the money early, so as to avoid early exposure.
He plans to use the next three to four years to successively acquire valuable and potential factories and resources in Sweden, and formally convert wealth into capital.
When he controls Sweden's economic lifeline, he is the most powerful person in Sweden, and no matter who is in power, his status will not be affected.
In this way, the Jin family is considered a wealthy family in Sweden, and whoever dares to bully them is much more reliable than relying on anyone.
…
In 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 lost money or went bankrupt, foreign trade orders fell sharply, and a large number of workers lost their jobs... The global economy has fallen into a major recession.
What's more troublesome is that affected by the economic crisis, the banking industry, which has always been rock-solid, has now become shaky. Numerous small and medium-sized banks have gone bankrupt, and even many large banks are facing the risk of a run.
Refused to make complete 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 collapse.
And this trend quickly spread to Sweden, which brought great misfortune to Jin Fengju, Jin Hesun and Jin Pengzhen.
It turned out that the three of them had high interest rates in small banks, and they deposited all their money in small banks. Now that the Great Depression has come, these banks have suffered huge losses in their investments and loans. Coupled with the panic of depositors, these banks also went bankrupt.
In this way, Jin Fengju, Jin Hesun, and Jin Pengzhen will be out of luck.
The loss of money in the stock market is not counted, and even the savings for many years have been squandered. As a result, the three companies are completely finished. Soon, they didn't even have money to buy food.
In order to maintain their livelihood, they had to sell the furniture they bought at high prices, such as cars, refrigerators, radios, telephones, phonographs, etc., and even sold their houses.
But because it is now the Great Depression period, the furniture that was once bought at a high price has dropped by more than half, and even has to be sold at a discount of 10% or 20%. It can be said that it is a big loss.
For example, Jin Fengju spent 3,000 oceans to buy a Volkswagen, but now he can’t even sell it for 600 oceans. It can be said that it was a big loss. But in order to eat, but also had to sell.
…
"Third brother is really going to sell out all the pawns?" Xiang Nan asked Bai Xiuzhu in surprise.
Bai Xiuzhu nodded, "Well, the house is almost empty. Cars, refrigerators, radios, washing machines, gramophones, and even the good clothes I bought before are 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. Those home appliances, furniture, clothes, jewelry, etc., are almost sold out.
This also left the third elder brother's family with nothing to live on, and it looked really pitiful.
Especially Wang Yufen vomited blood from anger before, and now she has no savings left, not even money to see a doctor, and her whole body is sallow and sallow, which really makes people feel distressed.
"Poor people, there must be something to hate." Xiang Nan curled his lips.
"Don't say that, she is already very pitiful." Bai Xiuzhu persuaded, "I left five hundred crowns for my cousin, I hope I can help her for a while."
"Don't send her money in the future." Xiang Nan said after hearing this.
"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 when she heard it.
Five hundred crowns, but equivalent to more than six hundred oceans. This amount of money is nothing to Xiang Nan. Even for her, it's just a drop in the bucket.
"I'm not being 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 come to this point is that they only know how to eat, drink, and play, and are extravagant and lustful, but they don’t know how to rely on themselves, so when the crisis comes, they are all ruined.
If you send them money now, there is no need for them to change it. In this way, it will go on like this for a lifetime. Do you have the heart to watch them be parasites all their lives?
Only if they know how to improve themselves, then it will be meaningful for us to help them. Otherwise, it would be nothing more than raising a few more pigs to eat and wait to die. "
Bai Xiuzhu was taken aback for a moment, then nodded.
…
Two months later, Jinfeng’s days of pawning the three families were finally over, because there was really nothing left to pawn, and even the house was sold.
So by the beginning of the 1930s, the three of them had no money, so they had to run back to the Jin family mansion in desperation, begging 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. Want to eat vegetables, meat, fish, fruit, cakes... none of them.
Let the Jinfengju, Jinhesun, and Jinpengzhen families, who are used to eating, drinking and having fun, delicacies from mountains and seas, can't stand it, and within three days their mouths faded out.
But they didn't dare to ask Jin Quan.
After all, the three of them don't even have the ability to stand on their own now. Once Jin Quan is annoyed and 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 plain rice every day.
Although compared to those poor people who have lost their jobs and savings, a bowl of rice is already hard to come by.
But they are used to enjoying it after all, so in desperation, they are also forced to grow up, want to find a job, want to earn money to support their families, and want to live the same life as before.
To this end, all three of them started looking for jobs.
But now that factories and companies have closed down and orders have dropped sharply, it is naturally not easy for them to find a job. They go to the employment agency to queue up every day, but every time they come with hope and return with disappointment.
And after being in contact with the poor for a long time, they realize that it is very rare for them to have a full bowl of food now.
Like many poor people, they no longer have money to buy rice, so they can only rely on charity and begging. They even picked up unwanted garbage and went back to eat it. Even so, it is not something to eat every day.
Hungry, starvation, starvation, everywhere. After letting the three of them watch it, they couldn't help regretting that their real life was too extravagant.
As long as you save a little money, you can still live a fairly prosperous life. At least you can eat enough food, and eating good food is not a problem.
Unlike now, being forced to gather with so many people to find a job is really disheartening.
(end of this chapter)