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Chapter 208: Small Loans

On December 14, 1012, the largest bank in Blackstone City opened a low-interest micro-loan to provide loan amounts to workers who need money twice the average income of workers.

The daily interest rate is as low as 0.5%, and only 20% is required per month. The remaining money can be paid slowly in twelve or twenty-four periods.

Such a small loan instantly made some workers with limited living ecstasy.

If they use the maximum amount of 240 silver coins to repay 20% next month, they will be able to earn 300 silver coins this month. If they cannot afford installments next month, they can continue to repay 20% and extend the installments.

Most workers actually don’t know the meaning of such a small loan, but under the advocacy of some people who collected bank money, the threshold for the Blackstone City Laben Bank was broken after only one day of the loan!

One by one, the less-thought-minded workers, borrowed more money than they worked hard for three months, and the first thing they had to do was to buy food that was already lacking in the city.

Victory Day is the most important festival in the empire. Although Blackstone is almost Victory Day, the workers still regard Victory Day as a day worth celebrating, and it is also appropriate to buy more food to prepare.

Not only were the big capitalists not worried, they also praised the chairman of Laben Bank. They rarely made money from these poor workers on weekdays, but after the emergence of small loans, a large amount of silver coins stored in Laben Bank flowed into the market, which stimulated a wave of consumption in a small way.

When the workers asked for food, the largest grain merchant in Blackstone opened the grain warehouse and sold it to the workers at a price of three times the market price.

When workers want decorations on Victory Day, the market will increase the price of goods by 20%!

Workers went to restaurants to dine in luxury, and the restaurant raised the price of dishes by 50%!

The chairman of Laben Bank stood in front of the floor-to-ceiling window of the bank building, looking at the numb consumption workers on the commercial street, and almost felt happy. The money from the loan was only one-third of the idle assets stored in Laben Bank.

After being released in the form of a small loan, it not only stimulates consumption, but also continuously creates wealth for him.

Putting money into the market not only did not cause him to lose, but instead caused his assets to increase exponentially.

Thinking that a large amount of silver coins would be added to the vault when the payment date came, the fat and big-eared chairman wanted to give the person who proposed this plan a gold coins!

...

The micro-loan storm continues to ferment. More and more workers are envious after seeing their companions who have obtained money, and instead follow the trend to carry out micro-loans.

Blackstone has a population of more than 8 million, with nearly 65% ​​of workers. 50% of these people have taken loans, and the numbers are still rising.

It’s not that they have to pay back the money if they borrowed it, but with the secret fuel of some people, everyone had an idea that I could afford it.

At the same time, a secret organization carried out a series of work with the cooperation of one united member.

A struggle without bloodshed is in exchange for no peace. They cannot be honest people all their lives. They want to let those capitalists see the fists of the workers.

One afternoon before the original rest day in Blackstone City, workers who had worked all day wiped their sweat, put out the machines, and prepared to leave the factory to relax in the wine street and red light district.

But as soon as they were about to step out of the factory, Hans, the manager who was usually a man, stopped him in front of the factory gate with the documents and shouted to a group of tired workers: "Today you all have to stay and work overtime! After working for five hours, they all go back and turn on the machine!"

The workers showed angry expressions, but there was no way. In order to save the job, they had no choice but to return to the work station.

Although they complained, they had not experienced such things, and most of them endured it. Anyway, tomorrow is a day off, so they can spend the money they received from the loan tomorrow.

In this way, the workers were busy until the early morning. Just as the get off work time was about to come, the supervisor appeared again, his expression was extremely ugly, and he announced bad news to the workers who shut down the machine, "Tomorrow's rest day is cancelled, and I will come back to work for an hour after I delay my work. Anyone who is late will be deducted money!"

Wow!

Now the workers were in a bad mood. Overtime work was acceptable, but even the fixed holidays were cancelled, so they were not allowed to rest!

"Bastard Hans, I think you're itchy, right? Do you dare to say it again!"

A circle of tall and large workers surrounded Director Hans, and the crowd was infuriated, and some even directly raised Hans' collar and roared.

Hans also cursed in his heart, and shook off his hand holding his collar with an unhappy expression, shouting: "This is the order of the boss. Do you think I want to work overtime?"

"Get out of here, what else did you do at work besides sleeping? Thank you for your hard work, you can just talk casually, right?"

"Hans, I'll greet your family!"

“***!”

The workers were still very angry and showed considerable dissatisfaction with this decision, and greeted Hans and his relatives in various trash words.

The workers also knew that Hans had no right to decide, nor did they have the ability to resist, and after they scolded, they returned home or to stay in a slump.

After returning home, the worker was surprised to find that his wife, who was working in the textile factory, had only returned home now. After asking, he found out that the textile factory also needed to work overtime and tomorrow's rest day was cancelled.

All factories in Blackstone City have allowed workers to continue working overtime, and even the miners in the mines outside Blackstone City have no rest time and must continue to dig coal in the bitter cold wind.

The only one who has not been deducted for the holiday is the student of Obsidian Academy.

The children cannot see their parents during their rest days, so they can only make an appointment with friends at home to play together and spend the day bored.

The holidays are gone, but the days are still coming. The workers suppressed their dissatisfaction and continued to work like mechanically at their posts.

One day, two days, three days...

On December 22, 1012, the next week's rest day was here, but what awaited them was another overtime notice. The only difference was that the overtime factory could waive food expenses today.

The workers received overtime notices again, full of anger, and some agitated remarks began to spread among factory employees, expressing their dissatisfaction with the factory.

During the lunch break on weekdays, workers would choose an empty place in the factory, sit in groups of three or five, or lie directly on the ground, chatting about some fantastic things.

What they liked to say most in the past was which tavern had a good wine and which street had a new girl, but now they didn't want to discuss those.

Working overtime has compressed their time to the limit, and good wine and good girls may not be able to enjoy it recently.
Chapter completed!
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