"teacher."

Rennes whispered, "If the Queen of Storm refuses to borrow money, or the interest rate is too high, I can find another way."

Ancivodaus turned around and Renn continued: "There are many valuable industries in my territory, such as the port and commercial street buildings. It is easier to borrow millions of gold shields from the Imperial Bank as a mortgage."

The risk of doing this is not small. If the floating city cannot repay it, then Rennes will bear the loss.

Orionser's banking industry is still quite developed, with dozens of banks of all sizes, but only Imperial Bank can actually lend so much money.

Imperial Bank is a financial institution directly belonging to the Empire. In fact, it is the money bag of the Supreme Parliament, and no one dares to pay back the debt.

Even the Holy Soul Wizard dare not breach the contract easily.

If Rennes did not pay back the money within the deadline, he would lose the mortgaged property and return it to the empire, and it would not be possible to get it back in the future.

This is unacceptable to any lord and is also the most prodigal act.

You must not mortgage your territory and property unless you are desperate.

Renne didn't want to do this, but he didn't want to see Wizelan Floating City fall. At least for the moment, he still needs Floating City as his backing, or he needs an umbrella.

After all, I have something that people covet.

Besides, Rennes didn't think that Wizardland would really collapse because of lack of money. After all, Alan Ershi is a world where power is paramount. The strength of the Holy Soul Wizard is where the greatest confidence is.

Difficulties are only temporary and will eventually pass.

Compared to adding icing on the cake, it is easier to win people's hearts when helping in times of crisis.

Sure enough, Ancivodaus looked at Rennes with a bright look for a few seconds before slowly shook his head: "You have contributed enough to Wizardland, and I appreciate the kindness, but the floating city is not yet at the point where you need to mortgage the property."

"But……"

Renne was still half true and half false, and Ancivodaus interrupted him with a smile.

"The two million golden shields are not much for Queen Storm. She has always supported me very much. As long as I put my face down and spoke, she will not refuse."

Ancivodaus stroked his snow-white beard and smiled, "I think many people are very happy to lend a sum of money, earn some interest, and get a favor from me."

Renn didn't know much about Queen of Storm.

Since the teacher was so sure, he did not insist and said seriously: "Teacher, I will not take back my words. If it is time to be needed, please don't be stingy."

"I can become Earl of Glamorgan, which is inseparable from the strong support of my teacher. I originally planned to give the Floating City a sum of funds every year. Mortgage of some industries is nothing. Even if I sell the entire territory, as long as I can make Vizerland run smoothly, I will not have a complaint."

Suddenly, Ancivodaus's face moved.

He glanced at his student deeply, nodded and said, "Okay!"

Renn relaxed and knew that in the eyes of the teacher, his status and importance had improved a lot.

In fact, this is also a disguised investment. It is definitely a huge profit and countless benefits, and there is no more cost-effective transaction than this.

However, he still didn't understand. Since the teacher was sure that the Storm Queen would borrow money, why was she still worried?

Ancivodaus came over and sat down behind the desk.

Seeing Renn's desire to speak, he sighed and said, "The two million gold shield is just a small problem, which is easy to solve. I am more worried that the future of the floating city will be difficult to return to its former prosperity even if it will not be dragged down by debt."

"debt……"

Renn asked curiously, "Teacher, how much does Fukong City owe?"

"About 100 million." Ancivodaus replied lightly.

"One hundred million!"

Renn's eyes widened, almost falling from the chair by the number.

The 100 million that the teacher mentioned naturally refers to the unit of gold shield. What is the concept of 100 million gold shield? It is converted into copper coins and it is 100 billion!

The average monthly salary of workers in Modu is higher than that of workers in Longshande, with nearly 1,000 copper dollars. Millions of workers in Modu need to work for a hundred years without eating or drinking to earn so much money and pay off the debts of the floating city.

Rennes is now a wealthy man in the empire.

In less than a few years, he could be among the dozens of richest people, but the huge debt of 100 million gold shield still made him feel dizzy and he didn't come back to his senses for a long time.

Ancivodaus laughed twice, "In fact, less than 100 million, it should be more than 980 million gold shields. The amount changes every day, and I can't calculate it."

Rennes was speechless.

Is there a difference between 98 million and 100 million?

"Teacher, how could Fukong City owe so much money?" Rennes felt incredible. As far as he knew, in order to establish Fukong City, Duke Silver Star plundered Long Shande for hundreds of years, and the money he raised was not worth 100 million gold shields.

In other words, it is not enough to use 100 million gold shields to build a brand new floating city.

"A large part of the responsibility here belongs to me."

Ancivodaus had a faint regret in his eyes, as if he was recalling the past, "It should be seven hundred years ago. During those decades, I was obsessed with studying magic knowledge and did not manage the floating city well. The council rarely held. Suddenly one year I found out that I had no money."

"It just so happened that since that era, more and more wizards have entered the floating city."

"Every wizard has to practice. The potions they consume, the alchemy materials they practice, the equipment they use, and daily expenses are all money. Weizelan is in the stage of rapid expansion. Every ten years, someone is promoted to legends and builds a wizard tower for them."

"I didn't think too much at that time, so I borrowed a sum of money from the Imperial Bank, which totaled hundreds of thousands of gold shields. I thought I could pay it back in less than two years, so I didn't care too much."

"But later, Wizelland's reputation grew, the number of wizards was rising, and the cost of maintaining the floating city was getting more and more."

“I can only continue to borrow money from Imperial Bank.”

"If a debt is due, borrow another money to pay it back. Although the interest rate is very low, after hundreds of years of accumulation, the debt has expanded like a snowball, and it is basically unable to repay it. The interest paid to Imperial Bank alone is close to one million gold shields every year. If the interest rate for so many years is added up, it would have been more than one million."

Ancivodaus said that afterwards, he started to have a headache again, and was worried about his beard.

After listening to it, Rennes felt helpless and wanted to laugh.

This sounds too familiar. I don’t know how many people fell into this lending trap in their previous life and eventually couldn’t extricate themselves and ruined their lives.

Unexpectedly, a Holy Soul Wizard was also tricked.

However, there is still a difference between the Holy Soul Wizard and ordinary people. As long as you are willing to lose your face and ignore your reputation, no one dares to do anything to him and can become the most powerful deadbeat in history.

Of course, with the teacher's personality, I will definitely not be able to do it.

After thinking about it, Renn didn't have the ability to help the teacher solve the difficulties. There were too many 100 million gold shields, and perhaps few people in the world could produce them.
Chapter completed!