Rebirth of Rural Literary Life

Chapter 613 Lessons from the past
Han Zhaogui shrank his head, "I'm called Pai Nian. You see, once I buy this car, someone will rush to lend us money."

Han Yuanchao gave him a sideways look, "Stop poking those moths."

"Uncle, I am wronged! What I said is serious. The business of our transportation team is so good. If I buy this car again, who doesn't know that we are not short of money. Those people in Kezhai and Dingtun followed me all the time years ago. Inquiry, ask me if I still borrow money? They keep the money in their hands, and the interest rate in the bank is not as high as ours, so of course they want to lend us the money."

What Han Zhaogui said reminded Han Yuanchao that several people around him had indeed mentioned this matter to him this year.

If he followed Han Aid Korea's original intention, he didn't plan to borrow money from others anymore, and he didn't feel at ease if he borrowed too much.He just wanted to see if he and Han Zhaogui could pool together the money of the two families, plus the dividends at the end of the year, they should be able to buy at least two more trucks.

But who knew that this kid would just spend the money to buy a car, so how could he have money to buy a truck?
Can't just let his family pay for the car?

So far, it seems that I can only borrow money to buy a car.

"Are you sure about this?"

"Leave it to me. Uncle, this time I will show you how powerful I am in buying this car!"

Han Zhaogui said to Han Yuanchao swearingly.

In the next few days, Han Zhaogui drove his Santana to the homes of different villagers in Hantun, Dingtun, and Kezhai.

Every time it is driven into someone's home, it will definitely attract the warmest courtesy from the host.

"Zhaogui has really made a fortune, even driving a car!"

"Second uncle, you are too polite, we are all hard-earned money."

"Just kidding your second uncle, you still have hard money? All you want to earn is hard money, so what do we earn? Dirt money?"

"Haha! Let's talk about business, talk about business. Second uncle, that's what happened. You know that the transportation team I and Uncle Yuanchao have done a good job this year. No, the reform of the group and the transportation business have to be outsourced. We also After picking up some of them, I thought about buying a few more cars and making up ten large trucks. But you also know that a large truck is hundreds of thousands, and the money in our hands is not enough. I just wanted to talk back to you, See if you can support it. Don’t worry, the interest rate will definitely be higher than that of credit unions, and you should know what the market is. There are not a few people in the village who eat our interest.”

The story of Han Zhaogui running around in the village to borrow money in the past two days has already been rumored, so how could the second uncle not know about it.

The son and daughter-in-law of the family are honest and responsible people, and they don’t have any business acumen. They didn’t even buy it from the store built in the village before. They have saved most of the dividends in the village over the years.

It is also a good choice to keep such money at home, and it would be a good choice if they can earn some interest money. They also know the background of Han Zhaogui's team, and they know the bottom line.

Thinking of this, the second uncle did not hesitate, and directly lent 20 yuan.

This was beyond Han Zhaogui's expectations. He did not expect that the second uncle, who is usually so searched, would be so generous as soon as he made a move. He almost caught up with him and borrowed it all day before.

After finishing the IOU, Han Zhaogui said: "Second uncle, take a look at this IOU. Pay one and two cents of the interest in the first two years, and pay back the principal with interest at the end of the third year."

The second uncle put away the IOU, "I don't worry about your work!"

The uncle and nephew talked and laughed a few more times, Han Zhaogui left and hurried to the next house to borrow money.

Many people from other villages such as Kezhai and Dingtun heard the news that Han Zhaogui wanted to spend money, and they went to Han Zhaogui's house without waiting for him to come to their door, and offered to lend him money in order to get the interest they gave.

In just a few days, Han Zhaogui actually borrowed 115 million yuan.

At the end of the loan, he himself was a little dazed, and Han Yuanchao looked at the money and looked at each other in blank dismay.

This time, it seems that I borrowed a bit too much!

Wasn't that the case when I borrowed money last time?

As soon as Han Yuanchao thought about this, he turned his attention to Han Zhaogui's Santana. Is it really the Santana's role.

No matter what Han Yuanchao thinks in his heart, the money is borrowed, and then they have to hurry up to order a car. The interest alone will cost more than 20 a year for such money. Counting the previous borrowing, it will have to be paid in a year The interest will be nearly [-].

Thinking of this, the two of them suddenly became stressed.

Come on, don't think about it, just buy a car and recruit people.

Han Zhaogui not only borrowed money in the village, but also borrowed money from people in Kezhai and Dingtun, and everyone around him knew about the trouble these days.

In later generations, this matter has a tendency to raise funds. Fortunately, the government |government management is not strict these days.

However, when He Ping heard about this incident, he still instructed people from the village committee to have a conversation with Han Zhaogui and Han Yuanchao.

The purpose of the conversation was simple, reminding them of the dangers of large-scale fundraising, and urging them to ensure the safe use of funds.

The operation of Han Zhaogui and the two reminded He Ping of the "carry-on meeting" that prevailed in Wenzhou, Jiangjiang in the 80s.

"Taihui" is a name for private lending in Zhijiang province.

In the early 80s, private enterprises in Wenzhou were already well-developed. Under the strict conditions for lending in the banking industry, many enterprises had an imminent demand for finance.

In September 1984, an underground | money | bank called "Fangxing Bank" came into being.

Its founder, Fang Peilin, searched for a central document and found a sentence: "Encourage farmers to raise funds to start various businesses, especially development-oriented businesses..."

It was this sentence that Fang Peilin believed that he could take advantage of this legal loophole.

The bank opened on September 9, and Fang Peilin posted a deposit and loan form on the door that was more favorable and flexible than that of the bank: long-term deposits with a monthly interest rate of 29%, settled over three months; temporary deposits with a monthly interest rate of 1.2%, Deposit and withdrawal at any time; monthly loan interest of 1%, depending on the situation.

The second day after his bank opened, the local Agricultural Bank came to seal it up, and Fang Peilin had no choice but to take off the signboard.

However, the seizure of banks did not stop Wenzhou's underground financial activities from multiplying. On the contrary, due to the regulations of domestic banks that prohibit private companies from granting loans, their activities became more rampant after they went underground.

According to data, in Wenzhou in 1984, more than 3 million yuan of private capital entered the underground financial market through the way of raising meetings.By 1986, the domestic economic situation was very good, and enterprises were more eager for funds. Conventional credit benefits could no longer meet the growing demand for loans. Some people began to play the game of high-interest financing, which can basically be regarded as the Internet A version of P2P.

Their rules are also very simple. A member pays 1.16 yuan to join the club. From the second month onwards, the club owner pays members 9000 yuan a month for 12 consecutive months, totaling 10.8 yuan. From the 13th month onwards, Members then pay the owner 3000 yuan for 88 consecutive months, totaling 26.4 yuan, and the owner still pays 9000 yuan per month.Rolling in this way, a session is 100 months.Someone has calculated that to maintain a membership of 1.16 yuan, 22 members must be developed by the sixth month, 12 members by the No. 691 month, and 18 members by the No. 20883 month member.

This model is believed to be familiar to many friends. You can call it a Ponzi scheme, you can also call it a P2P scheme, or you can call it a pyramid scheme. In the final analysis, there is only one word - cheating.

This thrilling temptation made everyone crazy. In just two years, 30 people in nine counties and two districts of Wenzhou were involved, and the amount of the membership amounted to 12 billion yuan.

This classic Ponzi scheme is destined to be unsustainable for a long time. In the second half of 86, the Wenzhou area began to fall into unprecedented chaos. Thousands of debt collectors rushed to the debtor's home like crazy.

The final ending was extremely tragic, and with this cruel, crazy, and bloody attitude, the society became the most ridiculous scam in the history of modern Chinese reform.

Han Zhaogui and Han Yuanchao realized the seriousness of the problem only after they were interviewed by the village committee. If there was any accident with so much money, they would not be able to afford to sell him and Han Zhaogui.

This is not just a matter of debt repayment. There are so many families in the village who have lent them money, and many of them are from other villages.

If they really don't come up by then, it's easy to cause big troubles.

The little tails that had just turned up in their hearts immediately settled down, and they made up their minds that the money they earned this year should not be spent again, and they should pay back the money quickly so that they can feel more at ease.

(End of this chapter)