Chapter 615: Misfortune (2/2)
When the transaction price far exceeds the market price, the product becomes a luxury product, and the luxury product tax needs to be paid. This tax rate is much higher than ordinary taxes.
In theory, as long as the company is willing to spend money to rush performance, turning a profit into a profit is very simple. In practice, such a fool simply doesn't exist. The cost of counterfeiting is too high, far exceeding the capitalist's tolerance.
Affected by the bad news of the heavy loss of the Dakoer Textile Mill, the sell-off wave ushered in the opening of the Vienna Stock Exchange on Monday.
The exchange saw sell-offs, and no one took orders at all, and the stock price naturally plunged. As of the close of the afternoon, the shares of Dakol Textile Mill had fallen by 14.7%.
It seems that this decline is acceptable. In fact, this is the nth stock price drop since the Dakoer textile mill strike.
The stock price itself has reached the bottom of the valley. After falling again, the market value of the Dakoer Textile Mill was only 63% of its peak.
It is not just the Dakore textile mills that have fallen in stock prices. The share prices of all companies have been affected, especially those that have suffered strikes.
Investors believe that the strike companies, like the Dakoer textile mill, will suffer severe losses.
In the market economy, it is already a trigger and moves the whole body. Once the production of enterprises is affected, the supply of raw materials upstream and the sales channels downstream should not be left alone.
Falling stock prices are also contagious, and many good-performing companies have suffered the same. As of the close of the day, the broader market of the Vienna Stock Exchange had fallen by 4.2% overall, and there was a mourn in the market.
Affected by adverse market factors, in the next few days, the Vienna stock market continued to have blood crashes, and many corporate stocks fell directly to the price of cabbage, and the stock disaster officially came.
As of Friday's close, the Vienna Stock Exchange had fallen by 11.8%. In just five days, the Austrian stock market had lost hundreds of millions of SHIELD.
The stock disaster is here!
Under the influence of the newspaper, the news of the stock market disaster in Vienna soon spread throughout the European continent, and the savvy investors immediately sold their stocks.
With the development of the economy, the economic ties between European countries are getting closer and closer today, the stock market disaster in Austria, and the European countries can not stand alone.
A weird scene emerged, whether in London or Paris, the stock market continued to sell, but few buyers. As experts and scholars advocate, the stock market has been falling all the way.
”Saving the market” has become another hot topic after the ”strike”. However, before the ”saving the market,” the strike problem must be solved.
If the company cannot resume production, how can it guarantee the stock price? The capitalists are in a hurry. Only a few are qualified to shear wool in the stock market. Most of them are sheep sheared.
In order to resume production as soon as possible, the capitalists also showed their magical powers.
Some capitalists choose to negotiate and compromise with workers; some capitalists choose to buy and disintegrate; some capitalists directly allow thugs to capture their families and force workers to work; even more, they directly sacrifice Gatlin, shoot the strike crowd, and rely on blood. The massacre forced the workers to return to work ...
Diverse operations continue to be staged on the European continent, while at the same time bringing laughs to the people, it is also full of blood.
Where there is oppression, there is resistance. The **** slaughter has brought not only resumption of work, but also successive workers' uprisings.
Messed up, completely messed up, and the whole European continent became a mess. All sorts of messy thoughts spread quickly and took the time to dance.
Vienna Palace, looking at the chaotic situation, Franz also had a headache. The Vienna government intervened early, and there were no large-scale worker uprisings in Austria, but the stock market disaster was enough.
Affected by the stock market disaster, many companies have fallen into the dilemma of insufficient funds. If not resolved, it is likely to trigger a new round of economic crisis.
If it's just a lack of funds, you can seek a bank loan. There are still a lot of problems for these underfunded companies.
For example: management chaos, unresolved strikes, conservative management ideas, and old machinery and equipment ...
The mess came together, and the bank came to the conclusion: high-risk business.
When the market conditions are good, banks naturally do not mind high-risk businesses. High risks are often accompanied by high returns. As long as the benefits are large enough, banks are not short of risk-taking.
The situation is not the same now, the outbreak of the stock market disaster, many banks' business has been implicated, most banks are shrinking their cash.
Don't talk about high-risk businesses, even low-risk business loans, it's hard to do. Loans without collateral do not accept the bank at all.
Franz couldn't do anything about it. He couldn't figure out that there was a problem. He asked the bank to lend money?
If you play like that, you are not solving the crisis, but prolonging the time it takes for the crisis to erupt.
It is indeed good for economic development in the short term, but in the long run, it is dragging the nation's economy to hell.
Expect these companies to rebirth? Franz thinks it is better to push it to reconstruction, at least the cost of investment is lower, and the social resources consumed are less.
The survival of the fittest is the law of the market, and the Austrian market is not unlimited. While saving these enterprises, they are also sacrificing the interests of some similar enterprises, essentially breaking the principle of fairness.
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