Mage? Spell Engineer!.

Chapter 457: Severe Settlement
June is the month when the sunlight begins to become scorching.

Waran, who had been in Munich for thirty years and had turned everything into gold, couldn't help but light a cigarette and overlook the street view from the window of the insurance company.

Mortgage-backed securities are now called golden rooster securities because they will rise as long as you buy them, just like the legendary rooster that lays golden eggs. However, retail investors don’t know that the initial rise was because it really paid back, and the current rise is because the leeks are stubbornly pushing it up.

Do the banks know this? They do, but they are also making money, and it has never been easier.

On one hand, loans are open to the public, as there are always suckers to cover the losses. On the other hand, banks personally take part and use depositors’ money to invest in Golden Rooster Securities.

In the madness, even the royal family got involved. Many people are already dizzy and don’t understand why everything is bullish. They just take out loans and buy with a blind eye.

In fact, the few orders that Rorschach deliberately released were not enough to turn the tide for the workshop. What really stimulated them was the wanton lending by the bank. Obviously, the amount of physical currency was very limited, so there were more bills for large transactions, and a small piece of paper with Kempson Steel shares as collateral appeared and circulated quietly in the market. Even the "Golden Rooster Securities" voucher could be used as an equivalent.

After finishing a cigarette, Varang couldn't help laughing - if he dared to do this in Valouna now, he would definitely be put on the guillotine by the people who had been beaten once. Simple, the people of Bayern are really simple.

He simply couldn't resist smoking another cigarette, but as soon as the second cigarette passed his lungs, he felt a regular sharp pain in his chest. It was the "lungs" that were symbiotic with him that were protesting. It seemed that Valan and the symbiote had reached a "gentleman's agreement" to smoke no more than one cigarette a day.

The City Hall did not miss the opportunity. After the royal family's approval, a new round of conscription was launched to absorb "unstable elements" who had lost their jobs in the past into the barracks, and at the same time placed new orders with the workshops.

If the Kingdom of Bavaria was given more time to convert the debts of the workshops and the royal family into unified war bonds, then perhaps it could really be paid off by plundering the wealth of Valois.

Varan would never give such an opportunity.

He felt as if he was bound to a financial disaster, but it didn't matter. In the past, Varang would be worried, but now he only knew how to enjoy it and open his arms to the hot market - let the explosion come even more violently!
The only pity is that he does not have the power to decide on the detonation.

In mid-June, the left wing of the Imperial and Valois National Guards engaged in battle. To everyone's surprise, the National Guard won a great victory, and the Imperial troops deployed in the coastal areas withdrew to the lowlands, exposing the flank of the main force of the Imperial Army.

At the same time, many workshops in Byrne suddenly found that the price of raw materials had skyrocketed, and the Special District announced that new production capacity had been put into production at the steel plant and food factory, and the City Hall transferred subsequent orders to the Special District.

Under the double backlog, a large number of Byrne Workshops defaulted seriously, and "Golden Rooster Securities" returned to its original appearance - a bunch of packaged junk loans, which are now worthless.

"Gentlemen, according to the terms of the contract, we should indeed take the risk, but there is another gentleman who has something to say." Facing the aggressive bankers, Waran replied with a smile.

That's right, based on the margin and the original share valuation of the steel plant, it is not impossible to ask the "Bayern Stability Insurance Company" to provide a guarantee, but something unexpected happened to the Banking Association: Prince Otto arrived in the conference room.

He had a gloomy face, and a group of people from the city hall rushed into the meeting room, representing the Kingdom of Byrne to stop the insurance company from fulfilling its promise.

The reason was simple. If the debt was transferred, nearly 80% of the workshops in Byrne, 50% of the wineries, and a large amount of land used as collateral would be renamed. Moreover, since the securities were discounted according to the terms when the debt was packaged, this transaction would allow Rorschach to harvest most of the Kingdom of Byrne at a low price. The leverage released by the bank became an all-pervasive sickle. Even if those workshops might go bankrupt in large numbers, the city hall and the royal family were afraid that Rorschach would reorganize those "ruins" and then the "special zone" would no longer be able to contain them.

To avoid this situation, we have to find a scapegoat to forcefully take the blame, either the bank or the insurance company itself. For the royal family and the city hall, one side belongs to the Tower of Mysticism and the other side belongs to the Special Administrative Region. As long as they can negotiate and digest these junk bonds, it will not cause too much loss to the kingdom and the royal family.

After waiting for a month, Rorschach received an invitation from the Tower of Mysticism.

"Oh, it's not easy to dig into the corner of the Tower of Mysticism." He complained.

Lucas was in a small mountain village at the foot of the Mystic Tower. He met the apprentices of the Mutual Aid Society in a tavern.

This is his job, to generously treat the apprentices in the mutual aid association to beer, and it is not diluted with water. Now Lucas is a salesman of "Magic Cloud".

The apprentice couldn't believe it: "We can really learn first-level spells? Senior Lucas, I remember you are from the Magic Guild."

"It's gone!" Lucas was very calm. The guild's financial situation had improved a little due to the bank's huge profits in the past few days, but he had no regrets at all. The reason was very simple. Rorschach gave him too much!

His salary now was several times higher than that in the guild, and more importantly, Rorschach helped him regain hope of becoming a full-fledged mage.

At this moment, he wanted to bring hope to other apprentices, so that they would no longer be ruthlessly exploited by the Tower of Secret Arts. Lucas took out the scroll: "Look, this is the scroll of [Transformation Technique]. It is much simpler than those obscure knowledge. I believe that some of you will be able to learn it."

"Second level spell!" "Is it expensive?" "What if I don't learn it?"

There were endless inquiries. All the apprentices in the mutual aid association were ambitious and they were the target customers. Lucas introduced the rules of "Magic Cloud" to these apprentices in detail:

"The teachings of the Arcane Tower are outdated! The new spellcasting system can greatly reduce the difficulty of spellcasting. Even if you are not formal mages yet, you can still learn second-level magic. Yes, I am right. I can even provide you with scrolls of tricks for free, and there are discounts for other spells. Both the difficulty of learning and the price of the scrolls are much lower than the old system."

The price war in the magical sense was only the first and most superficial step. Seeing that everyone was very interested, he continued to launch the "senior membership" service. If someone could learn to "edit spells from the old system into the new system", they could exchange for more advanced magic for free, and he encouraged mutual learning.

"This is the bright road to becoming a wizard!" All kinds of bitterness surged into Lucas' heart, showing on his drunken face: "No need for any bullshit theory, no need to kowtow to the professor, as long as you work hard, you will be rewarded immediately!
"Think about it. This will make you stand out among your peers. While others are still struggling with exams for subjects they don't understand, you can already cast second-level spells."

The wonderful scene intoxicated the members of the mutual aid association. With the efforts of Lucas, who was both a salesperson and after-sales person, many "apprentice mutual aid associations" in the Arcane Tower have transformed into "spell cloud research groups", among which talented brothers and sisters have mastered the technology of translating and uploading spells. Although most of the time the spells they submitted could not create new nodes, for the Tree of Law, there were still some small gains, and new branches were born.

So whether these "Spell Cloud Research Group" users can move from underground to open use and bring in other apprentices depends on what results Rorschach can come up with during this visit.

(End of this chapter)