Chapter 1064 - Be Kind (1/2)
Chapter 1064: Be Kind
After Fang Ning finished his meal, he dove straight back to the System Space without a care for the dirty dishes.
After some thought, he went back to continue cultivating. Just like how he scolded Sir System earlier, there was no highway to this; he needed to properly elevate his soul to God-level before planning his next step.
If not so, that B*tchy System might just start pulling out new tricks. Peace and compromise were only temporary because war and conflict were eternal.
Over an hour later, Fang Ning started entering a blissful state of cultivation.
His whole body felt light but in a daze, he entered Kenja Mode—the B*tchy System was looking for trouble again.
“This is bad, Mr. Rich Boss, our money is gone.” Sir System said hurriedly.
“Calm down, as a God-level System, you must always stay calm. Money’s a bastard, we can earn it back if we lose it but we must never lose our composure.”
“Oh, Richie, I couldn’t withdraw the thirty million Dan units of magical energy that I was supposed to pay you for your cultivation.” Sir System said slowly.
“F*ck, who stole my money?” Fang Ning lost his cool immediately.
“Calm down, as a God-level soul, you must always stay calm. Money’s a bastard, we can earn it back if we lose it but we must never lose our composure.” Sir System cooed.
“…” Fang Ning was speechless.
Such were the facts, it was easy to persuade others but hard to persuade oneself, it would not hurt until the wound was on yourself and you would not know when to learn your lesson.
He had no choice but to swallow it down, “What happened, tell me everything.”
“Here’s the deal, I went to the Magical Energy Bank and the bank’s person-in-charge, David Robert told me something problematic, before the migrants fled a year ago, they used many things as collateral to loan a huge amount of magical energy. As they each had high endowments, they were able to borrow around eight hundred million which was naturally left unpaid. This bad debt has always been kept under covers. But now, many people have met bottleneck in their cultivation and are prepared to withdraw their capital and interest magical energy that they saved to breakthrough. That’s why there’s a — what you call ‘bank run’ now?” Sir System said confusedly, “Anyway, I just know that we won’t be able to get thirty million Dan units from them. On top of that, for the magical energy crystal utility fees we’ve accumulated throughout the years, that’s around 500 million, it’s also not clear when would it be possible for them to pay us back…”
“F*ck…” Fang Ning could not help letting out a curse.
They were surely the greatest deadbeats in history, they even fled the Milky Way!
The capital market was so robust that even the Era of Mystery could not escape the invasion of an economic black hole!
“You seem to understand what’s happening, Richie, how amazing.” Sir System sounded
Fang Ning wanted to cry but had no tears, “Amazing my *ss. This is the most basic financial knowledge. In theory, if a large number of depositors withdraw their savings at the same time, it’s almost certain that a bank will not be able to meet those demands, causing the most simple ‘bank run’. In real life, things are more complicated, in this case, it was a bad debt and the Magical Energy Bank seems to be en route to bankruptcy.”
“What should we do then? We still have so many magical energy crystals in their hands.” Sir System asked worriedly.
Fang Ning replied calmly, “You don’t have to worry about that, weren’t the magical energy crystals System Bound? And for the core assets we won’t lose much, they’ll just get reorganized at worse.”
“Oh, reorganized? What does that mean?” Sir System fell into another round of bewilderment.
“It means, the bank would have to resort to bankruptcy and liquidation, stop paying out and then creditors will have to admit defeat, as they’ll only be able to get what they can.” Fang Ning explained impatiently.
“So my hard-earned 500 million Dan units of magical energy will go down the drain just like that? I’ll go from 2 billion to 1.5 billion instantly? Don’t they have any conscience?”
“Well, what else can you do?” Fang Ning said dejectedly.
[The System is evaluating…]
Sir System then said somberly, “I’ll go check out the Magical Provenance that Shi Gan Clan Leader is in charge of, it should be fine there so I’ll withdraw your thirty million first and you can go ahead cultivating. As for the other matters, I might have some plans.”
“Oh, you better not violate the main principle I mentioned earlier.” Fang Ning warned.
“Be rest assured, I will definitely use love and justice to tell those fellas to be kind!”
…
The Land of Heritage.
On the hotspot first floor of many buildings, there were long queues in front of a commercial organization with the signboard “Magical Energy Bank”.
“Give my magical energy back, I want to cultivate.”
“You betrayed our trust, Robert.”