I am a demonic cultivator, not a capitalist with a conscience.

Chapter 437 Something's Wrong (56)

The plummeting business has made business owners extremely anxious. Every day after waking up, they would check the loan amount for the day with a glimmer of hope, only to find that the situation was getting worse and worse, and they would shrink into their beds in despair, secretly shedding tears.

Now, forget about new flying shuttles or new magical artifacts; even selling myself might not be enough to fill the hole.

Some business owners even leveraged heavily, only to see a sudden downturn in September, at which point it was too late.

Some business owners even went bankrupt and liquidated their assets, using all the savings they had accumulated over the years to pay off debts. After that, they could only sleep under bridges, or be slept under bridges.

But some students were actually happy that these business owners went bankrupt.

In the boss's group, one of the employees had infiltrated the student group and posted screenshots of the students' messages.

Pretending to be a pig to eat pig feed: [Brothers, it's my treat today! My loans are all gone!]

[Congratulations! Wait, you didn't play many rounds of "Big Capitalist" before, how did you get money to reset your account?]

Pretending to be a pig to eat pig feed: [The institution I took out a loan from went bankrupt and was liquidated! My loan was sold for 30% of its original price, and my partner happened to buy it. I also bought my partner's loan product, which means we essentially paid off the loan at 30% of its original price, and even waived some of the interest.]

[Is there such a good thing? 】

Pretending to be a pig and eating pig feed: [I can't believe it either, but it really happened! When I was a freshman in college, I was naive and took out a loan with an actual interest rate as high as 65%. I thought my life was over, but it actually went bankrupt! Heaven has eyes, thank you Wenchang Star Lord! I've decided to go to Wenchang City during my vacation to fulfill my vow and burn a stick of incense worth 998 yuan for Wenchang Star Lord!]

Why should we thank Wenchang Xingjun?

Pretending to be a pig and eating pig feed: [If it weren't for the copy of "The Big Capitalist" he gave us, the freshmen would definitely have taken out loans, and that damned institution could have continued to make money. But since the freshmen stopped taking out loans, their funds couldn't be recovered, and they went bankrupt. So, no matter what, we should thank the God of Literature.]

Indeed... Long live the God of Literature!

【What a coincidence, my organization also went bankrupt, and I've asked my partner to keep an eye on it. They'll use my loan to help me with my debts too.】

Pretending to be a pig to eat pig feed: [How about this, let's form an alliance and settle our debts together.]

【agree! 】

【support! 】

That's all!

[You can't do this! Paying back debts is a matter of course. Will you suffer retribution for not paying back your money?]

Pretending to be a pig and eating pig feed: [Who is this person? Which university are they from? Why is their butt so crooked?]

[I don't know him, I've kicked him out.]
-
You have been removed from the "Victims of Unethical Loans" group.
The screenshot ends here; the last record indicates that this person has been discovered and then kicked out.

Upon seeing what the students posted, the owner of Ziqi Donglai felt an even chill run down his spine.

He also borrowed quite a bit, although not as much as others, it was still a considerable amount.

I immediately contacted my supervisor to express my intention to repay the loan in advance, but the other party only read my message and did not reply.

After frantically calling the other party for a long time, they finally answered and said with difficulty, "I can't repay now. My line is already overwhelmed. Those who want to repay are already on the waiting list until next year. Listen to me, don't back out. I'll just lower the interest rate for you. Don't worry, what's circulating are just rumors. Tianyuan Chenguang doesn't have that much money, there's no conspiracy, and the higher-ups in Changsheng Prefecture aren't planning to target you. Just wait."

The other party then hung up the phone immediately, not giving the owner of Ziqi Donglai a chance to ask any questions.

Although the other party gave assurances, the boss became even more panicked. In the financial market, confidence is paramount; when the other party says it's a rumor, it means many people already believe it's not.

Panic can spread along with rumors, and may even arise alongside debunking them. At this point, whether you believe it or not is no longer important; what matters is immediately extricating yourself from the situation.

Taking a deep breath, the boss forced himself to calm down and then began to think about a way out.

He only found out about the rumors now, so some people probably found out even later than he did.

As long as he can lend money to these people, he can at least guarantee that he will suffer a small loss, or even break even.

With that in mind, he immediately picked up his phone and began deciding who to contact first.

First, remove the people from the group. They already know the situation is unfavorable and are probably looking for other partners.

If we kick out the smaller organizations, they won't be able to keep their share.

After that, large organizations will also be eliminated, as their information channels are much larger than their own.

In the end, the only options were organizations that were similar to themselves.

Having calculated this far, the boss knew it was time to sacrifice his drinking buddies.

Clearing his throat and signaling his employees to be quiet, the boss answered the phone with a beaming smile, "Mr. Li, I need to talk to you... You also have something to say... You want to transfer some extra money to me? Go to hell!"

After hanging up the phone, the boss continued dialing, asking each person one by one.

He kept asking questions until evening before he finally processed tens of millions in loans, and there were still tens of millions left to process.

He sighed deeply when he saw the money in the account.

For the first time in his life, he felt that money was disgusting.

By the next day, many loan company owners found the situation had worsened.

In the group chat, people were encouraging each other, sending messages from unknown sources, telling others not to run away, that it was all just a technical adjustment.

But outside the group, everyone is running around, trying to convert their funds into loans to lend to others.

The confidence that had been built up finally collapsed, turning what should have been a month of great profits into an exceptionally bloody massacre.

The students had a way out thanks to the interest-free loans offered by "The Big Capitalist," but the organization's owner did not.

One by one, institutions with low risk tolerance began to go bankrupt. Each bankruptcy was like a huge fireworks display, giving students who had previously borrowed money from them hope of paying off their loans.

No one taught these students overly advanced economics, yet they grasped a principle almost innately:
As long as we don't take out those high-interest loans, there is hope that we can pay off our debts!
Moreover, there are interest-free loans available now, so why don't we take out an interest-free loan?
A financial storm was brewing that would sweep through Changsheng State. In an effort to cut their losses, nearby lending institutions even offered loans with an annual interest rate of 15%, but that was still not as good as interest-free loans.

Tianyuan Chenguang Co., Ltd. doesn't care about the fate of these institutions at all; they just keep releasing loans, delivering interest-free loans to every student through "The Big Capitalist".

Finally, when the number of bankrupt organizations exceeded one hundred, the assistant to the vice president in charge of economic affairs in Changsheng Prefecture could no longer sit still.

(End of this chapter)