The tragedy has actually begun!

On the eighth day of April 19, 3rd year of Xianchun, the Song Dynasty, when the main halls represented by Fengle Tower were crowded with people, and everyone made money and were very happy. Some people were already losing and wanted to jump off the building.

The first victims of this "Chiyi Storm" that later generations called the first financial storm in history were these issues of the issuers of the Chiyi! They are the major rice merchants in Jiangnan. The shopkeepers of these rice shops were so happy in February that they thought they had encountered a good thing that had a pie falling from the sky. The market price (Zhenjiang Rice City) was less than the usual brown rice. Some people were willing to buy it at a full price of 80 cents after the autumn harvest at the lowest rice price every year! Isn’t this a fool with the number one in the world?

However, the subsequent trend of bottoming out and rebounding in rice prices surprised these shopkeepers. Those shopkeepers who had issued more late appointments were criticized by the owners. However, the problem was not big at that time, but the rice per stone rose to several hundred cents... For rice merchants, such rice prices would not be a loss. Because the price of rice they collected in the countryside would not be so high. Moreover, each rice shop has a lot of inventory, and the rice prices have been low in the past two years and sufficient supply, so each rice shop has a lot of inventory.

However, the news that came today made every rice merchant who sent out a large number of late appointments, as if he had fallen into an ice cave, the Song Dynasty court actually wanted to start a war with Song Yingxiong, the commander-in-chief who asked for the seal of observation envoy!

And the territory of Song Yingxiong is Chizhou, which is stuck in the throat of the Yangtze River! Once the war breaks out, it will be difficult to transport rice from Jinghu, Sichuan, Huaixi, and even the northern part of Jiangnan West Road to Jiangnan East Road, Liangzhe Road and Fujian Road, which require rice and grain.

This was not important at all, because the rice merchants in Jiangnan had enough inventory, and the Changping rice warehouses in Jiangnan prefectures were also full of grain. Moreover, the rice and grain from Huaidong could be continuously transported to Jiangnan. The temporary interruption of the Yangtze River channel would not cause the shortage of grain supply in Jiangnan at all.

After all, it is the 13th century, but there is no Yangtze River Delta urban agglomeration. The entire Jiangnan urban population that needs grain supply is only 70 million or 8 million. A person consumes an average of three stones of brown rice a year, which is 24 million. Jiangnan itself is also a fish and rice town, which can provide most of the needs. The maximum amount of rice and grain that needs to be imported from other places every year is only 10 million. The real consumption demand is actually not much. Even if the upstream rice and grain cannot be transported into Jiangnan on time, it will not cause a shortage of grain in Jiangnan. If it weren't for the enough grain in hand, Jia Sidao would not have attacked Chizhou.

But who would have thought that there were a bunch of honest profiteers in the Song Dynasty in the 13th century! They were really planning to buy rice from Jinghu and Sichuan to repay the Chiyou. This is like a hedge fund that shorted oil in the futures market and went to Saudi Arabia and Russia to buy crude oil equivalent to the short positions in their hands! This is an incredible stupid thing in the 21st century, but this is the business practice in the 13th century.

To put it bluntly, it is the "late appointment" that was originally just a grain long option, which was a real demand in the Song Dynasty.

Now, the rice and grain merchants ordered from Jinghu, Sichuan and Huaixi in the upstream cannot be shipped on time. They can no longer fulfill their late appointment! This situation is tantamount to the disaster for the rice merchants in the entire Jiangnan!

"It's over! It's all over...popping!"

Someone committed suicide by jumping into the water!

Lin'an, Lincao Town, the commander of the three front yamen army, now Sun Shichen, a large grain merchant with the rank of Zuowu, jumped into the water. After confirming that the court was about to attack Chizhou, this fat man, who was more than 200 kilograms, wandered all the way from his mansion to the canal, and then stabbed him hard.

As the big boss of Fenglexing, he may be the biggest victim of this Chiyou storm, no doubt! Relying on his relationship with King Rong, he is actually a cousin, King Rong's favorite concubine Fenglexing is now the largest rice shop in Jiangnan, so he naturally released the most Chiyou storm.

A total of 33,800 pieces! Half of them were released at low levels, while the rest were plates released when the food prices peaked and fell a while ago. If Fatty Sun wanted to fully fulfill these late agreements, he would have to take out 3,380,000 stones of brown rice, on September 15, 3,380,000 stones of brown rice, on September 15, 3,300,000 stones of the third year of Xianchun, the Song Dynasty!

This was not a problem at all. Although there was a lot of rice in three to three to eight,000 stones, the Song Dynasty had harvested for several consecutive years and there was no shortage of rice.

The upper Sichuan Basin, Jianghu Plain and the Lianghuai Plain have been in good weather this year, and the crops in the fields are growing well, and it is a good harvest. Sun Shichen is also an honest and unlucky businessman, and he dare not put out the empty market if he has no goods. So while he made a chi agreement, he sent the grain manager to order brown rice from the military farming departments of several upstream Fang Towns with cash. This is of course not a problem. On the one hand, Fenglexing has power behind it; on the other hand, farming is also the biggest financial way for the upstream Fang Town. The upstream Fang Town has a lot of rice and grain, and it can't even pile up warehouses, and it's almost rotten in the ground, and there is no reason not to sell it. Moreover, the price is not very high, so it will definitely make Sun Shichen's profit from the chi agreement.

But now, the sudden risk has arrived, and the Yangtze River channel will be broken. The rice from the upstream... cannot be transported!

The rice transportation upstream cannot come, but the agreement has to be fulfilled! The document has been established and the deposit has been collected. At that time, there is no rice for others... This is even if His Highness Rong comes forward, it will not be settled! These agreements are not all given to Pu Shougen alone. At least half of the people in the entire Jiangnan officialdom and shopping mall have bought the agreement. How can this be denied? Even if there is no rice to be repaid, the difference will be paid.

And the price difference... Now a stone of rice is only a few dozen cents, and 3.38 million stones is only more than 300,000 guan, which the Sun family can afford. However, once the news of the interruption of the Yangtze River channel spreads, the rice price will definitely soar!

The reason is very simple. Most rice merchants in Jiangnan are like Fenglexing, who release a large amount of late appointments and buy rice from the upstream Fangzhen! Now that the upstream rice cannot pass, who dares to put the inventory in their hands out? Not only can't sell the inventory, but they also have to find ways to stock up rice to cope with the September disaster!

If most rice merchants don’t take out rice, the price of rice will not rise to the sky? These 33,800 Zhang Chiyou are just a noose around the neck of the Lincao Sun family! The price of rice per stone will increase by one cent, Fenglexing will lose 4,225 stakes of copper. If the price of a single currency increases, Fenglexing and Lincao Sun family will go bankrupt! At that time, can Your Highness Rong, who holds the secret stock in Fenglexing, let the Sun family go?

Sun Shichen understood this truth after a moment of thinking. After thinking it through, he jumped into the canal.

...

"Oh, oh! I can't live anymore, I can't live anymore, let me die, I'll die all the time..."

Sun Shichen, who jumped into the river, did not die because the people of the Song Dynasty were all educated by the principles of saints. Although they were useless when they were against various Tartars, they would not be saved. The boatmen and sailors on the canal passed by jumped into the water and salvaged a fat man of more than 200 kilograms in one hand. They handed it back to the Sun family who came later, and did not ask for a reward.

After being caught, Sun Shichen did not have the chance to calm down. He wiped it dry and changed into clean clothes, stuffed it into a large four-wheeled carriage, and went straight to Fengle Tower. The one who was in the same carriage with him was his younger brother, Sun Meichen, the shopkeeper of Fengle Tower. Unlike Sun Shichen, who looked fat, Sun Meichen was born with a talented look, and looked like a wolf. He was originally a straight line in front of the palace. After Jia Sidao held a group training, the future of the military officers in the court became even more slim, so he abandoned his official position and went to business.

"What's so great? Isn't it just a few thousand Zhang Chi's appointment?" Seeing his fat brother who was almost the same as he was crying and making a fuss, Sun Meichen was immediately annoyed. "It's not a hurdle that can't be overcome!"

"Of course I can't get over it! If the rice price rises, I will lose more than 4,000 yuan, and if I rise, I will lose more than 3 million yuan... The savings of the sixth generation of our Sun family will be ruined by me."

"Then let the rice price rise! Now the major grain merchants have rice in their hands, and the imperial court still has Changping rice, so they can't finish it. How can they rise?"

"It can rise! There is a late appointment! The rice dealers released about hundreds of thousands of late... only tens of millions of slate of rice! Where is there so many rice in Jiangnan and Huaidong? If the rice from the upstream cannot get over, the rice price will not rise to the sky?"

"Then buy brown rice quickly, no, buy it quickly!"

"What? Buy it in a late appointment?" Fatty Sun was stunned, "We are Mi Shang..."

Sun Meichen glanced at his brother, "Since the rice price has been fixed, the late appointment will definitely rise. The rice price has risen forever. If the late appointment is up, the late appointment will increase by 100 guan. As long as we buy 30,000 guan, we will make three million guan. At that time, we will lose money... Can our Sun family survive?"

Sun Shichen waved his hand and patted his forehead, "You're still a polite person. Brother, I'm just a fool. I didn't expect such a simple method. Hurry up, don't go to Fengle Tower, hurry up and go to Tonghui Money House to borrow money..."

"It's too late, go to Fenglexing to buy it first!" Sun Meichen interrupted, "I'm in charge of Fengle Tower. The customer's account has tens of millions of yuan in Tiandaozhuang Fei's money, so there is no problem with embezzling millions of millions... Let's buy it first, and then use the late mortgage to mortgage and borrow the money and return it to the account!"
Chapter completed!