C1437 Closing (1/2)
The first real stock market in human history is the Dutch stock exchange. The only stock type traded at the time was the Dutch East India Company, a super-trust created by the combined power of the entire Dutch state, when almost all Dutch middle-class families were equipped with shares in the East India Company.
It was a national effort that gave the East India Company the power to compete with the Portugal, Spain, and England at sea, and gave Holland the name of a sea coachman.
When the Dutch maritime force was at its strongest, even Britain would have to make way for them. If not for the fact that the French used the army to take over the Dutch territory from the mainland, the maritime forces of the Dutch would not have been able to retreat so quickly.
The smart Dutch knew that their country was small, and in order to fight for the benefit of the ocean, they came up with a brilliant idea called the stock market, which allowed the weak countries to use their power to create large project.
Xiao Letian was not a gambler. He did not want to create a stock market that gathered gamblers from all over the world. This was the only thing he cared about, and that was to make use of the desire of humans to gather up funds and make huge investments at the strategic level.
Xiao Letian did not want to be a tyrant, nor did he want to instigate a bloody revolution. But at the same time, he also wanted to mobilize all the capital of the people to work together to achieve great things.
After thinking about it, he found that it was not bad to learn from Dutch's successful experience. Capital naturally had two desires: to avoid risks and to pursue profits, and the stock market could naturally satisfy the desire of capital to pursue benefits. However, how could one satisfy the desire to avoid risks?
Xiao Letian had always created this kind of situation, to give the world's capital a strong impression, and that was that the stock market that was under my protection would be the safest place in the world.
Any capital that goes public will be protected by the Chinese. Not only that, I can find more people to stand on the side of the stock market.
There was no need to even mention how powerful the Chinese Army was. The only thing that made the citizens feel at ease was the fact that they were able to explore Europa and defeat the powerful armies of France and Russia.
Alright, then I'll ask the Xiang Army to act as a guarantor for the stock market. When Ceng Guofan and Ceng Guoquan appeared at the same time, did you not feel relieved?
There were still doubts? Afraid that the Qing Dynasty would do something? Afraid of corrupt officials? How about I invite the Tongzhi Emperor out? So what if he brought out the privilege of a bright yellow store sign?
Chinese, Xiang Army, Royal Power … I have already put it on the surface, adding the crisis of the Notes, the group controlled by Xiao Letian had played around with the entire Jiangnan Capital, even the foreign devil Bankers in Shanghai was crying their eyes out.
This proves that the Chinese elite have not only a vision of the stock market, but also a very specific experience, that is to say, the stock market is not an impulse to talk on paper.
Xiao Letian had already been preparing for this game of chess since two years ago. With the change in the current situation, along with the appearance of unexpected incidents, Xiao Letian had also made many adjustments in his game of chess. This was not only due to his hard work alone, it was actually also due to the joint efforts of a very large business group within the Chinese race.
There was no need to mention the hardships he had endured during this period of time, but the rewards were great as well. Especially today, when Xiao Letian was about to lay down the last chess piece in Su Prefecture.