Black October

Chapter 181 Black October [Part 2] [Bonus chapter Naming Rights "Unrestless Souls" - 45] Frank was an ordinary worker, both his wife and he worked. His child was raised by his mother who lived next door, and he and his wife each had a job.

When two people work, they will naturally receive a salary that is equivalent to that of one person working alone, and by a considerable amount.

If this situation continues for several years, it will amount to a considerable sum.

Frank's business sometimes involved dealing with the big spenders of Bu Peien, and he knew better than anyone that getting rich overnight in Bu Peien was not a myth. After discussing it with his wife, he found a financial brokerage firm and opened an account.

It's worth noting here that even for ordinary people, trading stocks and securities is very difficult. The manual matching process can cause anyone to miss the most suitable trading opportunities. To achieve faster and more stable matching, a private Trading Seat is necessary.

The price of Trading Seat has reached nearly one million, which is beyond the reach of ordinary people. They can only entrust financial brokerage companies to operate their accounts and are charged various fees multiple times.

After operating for a period of time, they made a lot of money.

When the overall financial trend is positive, even the worst stocks can create miracles, let alone the stocks carefully selected by financial brokerage firms.

Soon, the funds in their account grew from a few thousand yuan to nearly 100,000 yuan, which is an absolute fortune for an ordinary family.

However, the market has become increasingly difficult recently. Apart from a very few Weighted Stock that are still rising steadily, the upward momentum of other stocks has gradually slowed down.

Brokers say this is a temporary adjustment, and once it's over, the stocks will continue to rise as before.

Many people believed what the Stock Broker said because 95 percent of the people on Bu Peien Street actually knew very little or nothing about stocks, and only 5 percent were real financial professionals.

A large number of laymen have contributed to the prosperity of this industry, and these people have also reaped considerable benefits as a result.

Recently, brokers have been recommending that Frank buy some bonds. In their words, now is the best time to make a move, and you can almost always make more than 10% profit. There is no more profitable deal than this.

Moreover, there is no need to worry about fluctuations in trading prices, because the ceiling price of a bond is its face value, unless the issuing country has some incentive provisions. At that time, incentive provisions will only make the ceiling of the bond higher, not lower.

In other words, this is a sure-fire way to make money. If no one else takes over in the future, they can redeem the bonds and get cash directly.

After Frank and his wife did some research on bonds, they found that this was indeed the case. At least, the books they consulted did not mention that bonds would depreciate. If they had consulted more specialized books, they might not have thought that way.

But even if they really knew how to consult professional books, they might not consider these options.

Ultimately, they decided to invest all their savings, plus the Credit Loan they obtained from the bank, in the first batch of foreign-issued War Bonds. Since investing in bonds wouldn't result in losses, they proceeded with confidence.

"About 12%, that's over 20,000 yuan!"

These were the words Frank said to his family and friends at the time. He even opened a bottle of wine worth $8.99 to celebrate. Facing those envious and jealous looks, he felt like he was walking on clouds. He felt that he was lucky and had a good eye. He could definitely consider becoming a full-time financial investor in the future. He even made a learning plan for himself, which was actually too late.

All these aspirations for a better future came to an end on Friday night of the last week of last month.

The last issue of the monthly "《Transaction Newspaper》" used about a quarter of its page to remind all investors again of the huge risks of bond exchange rate fluctuations. This time, they did not hide this statement in some more alarming content, but presented it in a blatant manner.

All of this was triggered by the complete failure of the Federal's diplomatic policy in the International Community.

In August and September, the Presidential Cabinet was still hoping to resolve these and other troubles through diplomatic means, but it is clear that they failed.

Whether Victorious Country or Defeated Country in this World War, they had no goodwill toward the Bayer Federation. Naturally, they would delay and renege on their obligations as much as possible.

The diplomatic failure immediately caused things to spiral out of control, as the first batch of War Bonds was due for redemption, and major banks had already cleared out all the bonds they could beforehand, while refusing to directly redeem these bonds or act as agents for redemption.

Because they know these bonds are practically worthless; they can't bring any value and will only trap them in a cycle of debt.

Therefore, this time the 《Transaction Newspaper》 no longer concealed its true intentions and spoke frankly about some issues, proving once again that the 《Transaction Newspaper》 is a newspaper that dares to speak the truth, has a bottom line and a conscience!

Its stance and attitude are just like the current Federal —absolutely neutral, not favoring anyone! After reading the report, Frank broke out in a cold sweat. He immediately inquired with his broker about redeeming the bonds and then went to the bank.

The bank rejected his request outright, telling him that he could take a ship to the bank in the country where the bonds were issued to demand redemption, but redeeming them in his own country would not be easy, no, it would be impossible.

Frank, who was more resourceful than the others, called the issuing bank in the country where the bonds were issued. At first, the other party said that they could provide foreign exchange services at any time, which made Frank breathe a sigh of relief.

But when he gave his bond code ①, the other party told him directly that the bonds involved some risks and that redemption was temporarily suspended. This moment was the last straw for Frank; he was in despair.

A total of over 100,000 yuan, ten years of hard work, all turned into worthless paper. But that's not the worst part. The worst part is that he still has to pay all kinds of necessary expenses every month, as well as interest on his personal Credit Loan. Otherwise, the bank will take away his and his parents' house and his car, and he will have to move to a worse neighborhood, or even end up homeless with his family!

In desperation, he called his agent.

"You knew all along, didn't you!" Frank's voice on the phone was low and full of anger, like a volcano about to erupt.

The agent on the other end of the phone was silent for a moment before saying dryly, "If I said I didn't know, would you believe me?"

Frank knew from the few seconds of silence his agent had that the agent knew something inside, which made him even angrier. "We've known each other for so many years and always had a great working relationship. Why would you target me? I thought we were friends."

The agent chuckled a few times. "Frank, I have several contact lists full of friends like you in my pocket."

"You've made a lot of money relying on me these past few years. This was just an accident. You have to understand, I'm innocent too."

"The people above us asked us to recommend these bonds. All we can do is call you and tell you about its returns and risks. The final decision is in your hands, not mine."

Brokers follow a very standard procedure when communicating by phone. They do not hide anything related to risk, but they will use certain techniques to subtly create a misunderstanding of the risk.

When the broker recommended these bonds to Frank, he also reminded Frank that there were risks involved. However, he successfully made Frank believe that the risk the broker mentioned might be that no one would be willing to buy and sell these bonds.

However, when his agent told him that he could cash out at face value, these risks no longer seemed like risks to him.

Frank's voice grew even more agitated, "You lied to me, that doesn't change the fact, you lied to me, you have to give me back my money!"

The agent's voice also became somewhat impatient, "First of all, I didn't lie to you. I said it was your own decision."

"Secondly, the agency agreement we signed states that we bear the risks ourselves. Now that you've suffered losses, you want me to compensate you. But when you made tens of thousands of yuan over the years, why didn't you call me to ask for a 50/50 split?"

"Wake up! You're not a child anymore. You won't cry if you don't get candy. If there's nothing else, I'm hanging up. I don't have time to waste with you here!"

"Instead of wasting your time, you should think carefully about your future!"

The phone was slammed onto its base with a bang, and a busy signal came from the other end. Frank was furious; he had been pushed to the edge.

If they had only lost their savings, that would be fine, but it also included their bank Credit Loan, as well as part of their Falkland parents' savings and their Credit Loan.

Once the Credit Loan was introduced, almost all of the selected applicants applied for the loan. In these difficult times, nothing is more reassuring than having a sum of money in hand.

However, this also makes some problems that didn't exist before become terrifying.

The whole family might have to become homeless!

After locking himself in his room for two days, Falkland finally decided to make a bigger scene. This was not an impulsive decision, but a well-thought-out one.

As the first person to cause trouble, if the Federal Government can help them resolve these issues, then as a symbolic figure representing the cause of this matter, his problems will naturally be the first to be resolved.

As for whether he would go to jail for it, he didn't care much. He knew very well that ten years of hard work couldn't bring back the money that had already been lost, but if going to jail for ten years could make up for the loss, he felt that he would at least not lose out! So on Sunday night, he visited his agent with a dagger and some rope.

This explains why the broker appeared at the exchange with a grim expression today.