Lord: I have a skill talent tree

After signing the agreement with Doguli, although the money and goods had not yet been delivered, Ethan gave the whip to the other party on the spot.

As for whether there were transaction risks, Ethan had never considered it.

He wanted to be able to handle this whip quickly, because Ethan, like the original witch, disliked this whip.

Not to mention anything else, just the word "abuse" makes me feel uncomfortable.

The Borgia family was also very helpful. In less than half a month, they remitted 200,000 yuan.

The first time Ethan got the money, he arranged for his financial officer to go to Iris Club to handle the early repayment.

I originally thought that even if I lost some interest and handling fees, I would repay the 170,000 yuan first, and then I would be debt-free.

But unexpectedly, the financial officer came back dejected.

"Lord, I'm sorry, I didn't complete the task you ordered."

Ethan frowned when he heard the financial officer say this.

This financial officer's name is Wharton, the second son of a Marlow City Sheriff. He joined Ethan Manor as an outstanding graduate of Allen College and became Ethan's personal financial officer.

Although he had just graduated, Ethan had seen the financial officer's way of handling things, and there was no reason why he couldn't complete such a simple task.

So he asked displeasedly: "What happened?"

Wharton feels miserable!

If a small thing cannot be handled well, its weight in the lord's heart must be greatly reduced.

But it's really not my fault, it's all because Iris can bully others too much.

"Iris will not allow early repayment."

"No?" Ethan thought he heard wrongly, "What's the reason?"

"First they said there were no reservations, then they said the loan period was too short, and finally they said there were too many people repaying their loans in advance and they were too busy to make us queue up."

Ethan was happy to hear this.

This iris must have eaten the heart of a bear and the courage of a leopard.

If you guessed correctly, they must have packaged the loan debt into bonds and sold it. Once someone repays early, the interest income will be destroyed, and they don't want to suffer this loss.

But I owe a debt and you don’t let me pay it back, so you let me suffer the loss?

You still dare to use this method to fool ordinary people, fool me?

Do you really think I, Ethan, have no temper?

"You didn't tell him who you were?"

"I told you!" Wharton looked angry: "They said that no matter who they are, they must act according to the rules.

However, they also said that if you go to apply for it in person, they can accommodate you. "

Ethan really laughed in anger.

But after suddenly remembering something, I couldn't stop laughing.

The Iris is a chamber of commerce led by sixteen dukes. It originally existed to manage the free port and settle payments at the port.

But as the business grew bigger, their nature gradually changed.

From the original single business model to a diversified business model.

The main business has also changed from the original payment settlement to lending.

Yes, the end of business is lending, and this applies everywhere!

Their current situation is very similar to that of banks. They not only lend but also deposit, and they also derive many financial products based on this.

Just like the bonds mentioned before.

They package the expected income from other people's loans into bonds and sell them to those who want to earn interest at a price slightly lower than the actual income.

In this way, not only can they quickly recover the loan principal and part of the interest, but they can also lend the money to others and continue to use the money to make money.

And they often require that all transactions be settled internally.

This means that the money is in their hands and has not been touched at all, but they are borrowing other people's money to make their own money.

In fact, these have nothing to do with each other. The most frightening thing is that they have no restrictions.

In other words, if their assets are ten gold coins, they can lend these ten gold coins an unlimited number of times.

After many interest rollovers, their assets have been rolled up higher and higher, but the risk to savers has also become higher and higher.

Of course it doesn't matter if they can get back 100% of the interest and principal every time they lend.

But in fact, this is impossible.

As long as it lends money, there are unpredictable risks, and the risk is not small. It is very likely that the money will not be recovered, which will cause a large number of bad debts.

Once there are too many bad debts, there will be insolvency.

At this time, if someone withdraws a large amount of money again, the entire Iris Club may collapse.

And once something happens to Iris, a large number of people who save money in Iris will be doomed.

By then, let alone Maruo City, with the scale of the Iris Society, the economy of the entire coastal area will collapse.

And it's entirely possible that this could happen.

Because the composition of the Chamber of Commerce is too complex, all shareholders have no actual control rights. The Chamber of Commerce is independently run by a team formed by a group of professional financial officers.

In this model, no single shareholder can exert influence over the team.

This means that they can do whatever they want.

And these people, in order to make money, to get promoted, to satisfy their selfish desires, will definitely do anything.

By then, corruption will be rampant, illegal lending, false accounting, and all kinds of chaos will occur frequently.

It is also true that the shipping economy is now good, and all this cannot be seen.

But Ethan believes that this kind of thing must have happened within the Iris Society, because this is the natural law of capitalism, and it will not change just because of another world.

Thinking of this, Ethan felt that he had to find a way to avoid this risk.

No, not just myself.

The entire Maro City must avoid this risk, otherwise once the bubble appears and is burst, the entire Maro City will be finished.

Of course, before doing anything for Maro City, Ethan decided to deal with his own affairs first.

He wanted to see which onion in the Iris Club dared to challenge him like this?

Ethan got on a carriage and went to the Iris Club's headquarters in Maro City.

The Iris Club's headquarters is also in Dongcheng District, backed by the Seine River.

Although it is only a two-story building and does not occupy a large area, the height of the ground floor reaches six meters and is supported by hundreds of marble columns that can be hugged by two people.

It is both solemn and shows the financial strength of the Iris Club.

Of course, Ethan does not care whether the Iris Club has financial strength or what power they have.

Today he came here to show them some color so that they know who is the master of Maro City.

But what Ethan did not expect was that when he rushed here angrily, he found a group of Iris Club members in formal suits waiting for him in line.

When the carriage stopped, a young and beautiful woman in a smart women's suit opened the door for Ethan.

"Dear Mr. Ethan, it's an honor to meet you.

I am Mr. Yellen's first assistant, and I have heard about you.

I am very sorry that my subordinates are ignorant and have caused you inconvenience, please don't mind.

I have arranged someone to handle it for you.

You might as well take a break in Mr. Yellen's office during this time."

Hearing this, Ethan immediately understood everything.

It's not that his subordinates are ignorant, it's all arranged in advance.

No wonder I came here in person, it turned out that they wanted to find me for something, and then they were too arrogant to move.

So they took advantage of this matter and summoned me here like summoning a prisoner.

Then they pretended to be unaware and treated me politely, and also called me to sit in the office.

OK!

You dare to play me like this!

Damn it, you have guts!

Ethan figured out everything in an instant, pretending not to care, holding back his anger, and smiled: "As you wish!"

……