1076 - - in anticipation of the collapse of the crash



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"I mean, what would the world be like in that case?"

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 As a future that is almost certain to happen according to Zion's fortune-telling, we will act on the idea that the market price of magical tools will plummet this summer or fall.

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 The cause of this collapse will probably be the En.

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 I don't know if it really happens just by collecting a few iron coins, but I think it is one of the triggers.

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 Once again, I think the main reason is that the purchase of magic tools is spreading to the general public.

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 Gold and silver coins are expensive, of course.

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 Most of the coins we usually see are iron coins and copper coins.

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 And iron coins are most often used by ordinary people.

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 Merchants also use them, but the larger the business, the more likely they are to use gold and silver coins.

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 For ordinary people, the world of thousands of gold coins should have been irrelevant.

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 However, this has recently changed.

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 Because anyone can participate in the market of magic tools in the form of divided joint purchase of rights.

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 Not only the citizens of the cities, but also village headmen, farmers, and even the poor outside the cities have joined the market.

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 If they could just have a little nibble, they were sure to make a profit.

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 Anyone with a little bit of brain would have thought of trying their hand at it.

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 And once you get into it, you will never leave it again.

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 No one in his life has ever experienced that he can buy the rights and sell them a while later and make a considerable amount of money for gold coins.

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 It is ridiculously easy to make a fortune.

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 I doubt that anyone would ever want to leave from such an experience.

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 And they will be the first ones who fail to pay taxes.

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 Not the big businessmen, but the old ladies who can't pay their taxes and try to cash in their magic tools in a hurry.

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 This will happen in many countries at the same time.

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 This happened simultaneously in many countries, because the market price of magical tools had been spreading.

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 Even the peasants and the poor of each country participated, and they were the first victims.

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 Once the selling of magical tools starts, the merchants will probably move.

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 Or rather, they will be forced to move.

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 At first, they will buy magical tools that are being sold at a lower and lower price, but they will not be able to sell them at a higher price, and the merchants will try to sell them at a lower price than they bought them at that time.

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 Eventually, the price will plummet to the point where there are no buyers.

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 What would you do if this happened to you?

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 I thought about it like that.

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 Suppose that I am a person from a country other than the Orient, living as an ordinary person.

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 And I entered the market of magical tools later and made a good profit.

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 Suppose that I was about to make even more money by buying more and more whenever I had the chance, when the market collapsed.

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 You thought you were a rich man, but in an instant you lose all your money.

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 No, in fact, you might end up with a lot of debts.

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 Because most of the people buy the right to purchase magic tools even if they have to borrow money from others in order to make more money.

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 If you do the same, you will lose the value of the expensive goods you borrowed money to buy, which means that all you will be left with is debt.

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 In many countries, there will be people in debt.

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 The people who lent money will not stand idly by.

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 They will try to recover the money they have lent at any cost.

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 The collections will be severe.

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 If that happens, I'm sure they will sell other things besides magic tools.

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 Other things to sell.

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 What will there be?

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 The poor will have nothing, but the rest may sell what they have at home.

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 For example, jewelry, beautiful fabrics, craftsmen's furniture, etc.

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 They will try to get by even if they have to sell such things that can be sold off.

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 But it will not be enough.

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 The price of magical tools, which is too large, will collapse.

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 Selling such things will not be enough at all.

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 Then, what to sell next?

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 Some may give up their houses and lands.

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 In fact, there is a precedent.

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 Some village headmen who lost a lot of money due to the unpredictable storm in the rice futures market had to give up their lands and so on.

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 So, there will be many people who will sell their land again.

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 The only other thing that can be sold is life.

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 Or rather, their bodies.

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 In short, they are selling themselves.

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 A family that has suffered a heavy loss may sell their family members as a temporary measure.

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 A family with many children might protect themselves even if they have to sell their children.

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 Hmmm.

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 In that sense, it would be quite interesting to see a crash in the market for magical tools.

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 I am sure that land, houses, or even people will be sold at unprecedentedly low prices.

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 People will be eager to get even a small amount of money, and they may be able to buy them at a bargain price.

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 Then, you may buy them.

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 Even now, I and Ai are like big landowners in the Orient, and it's pretty good.

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 We can raise the land price by building roads to favor our land.

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 If you want, I can buy land outside the Orient too.

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 When I talked to Ai about it, he didn't object.

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 So, I decided to save up some cash while selling my magic tools, and prepare myself for the coming buying market.

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