"You've probably misunderstood something, but it doesn't matter. When everything comes to a close, you'll soon realize that none of this matters to us at all."
"Take him away."
Anastasia glanced lightly at Schubert, who was being held down on the ground, and said calmly.
What do you mean?
Schubert couldn't understand what that sentence was saying.
He desperately wanted Anastasia to answer his questions, but his struggle was doomed to failure.
"No! You cannot do without me! I am the one in control of the Mond Wine Alliance!"
And so, amidst Schubert's struggles and angry cries, he was taken away by the two debt collectors.
As Schubert was led away, Anastasia's face remained expressionless. She simply picked up the contract that Schubert had dropped from the ground and then smiled gently.
"Soon it will all be over, and the Mondstadt Winery Alliance that belonged to Mondstadt will immediately become the Mondstadt Winery Alliance that belongs to the Fools, just as Lord Pantalone planned."
After saying that, he put away the contract.
Anastasia also left the room, saying calmly.
"As for now, we should first go and greet 'Lady'."
Chapter 37 Exorbitant Compensation
The fools withdrew their investment.
Perhaps this explanation isn't enough to understand what the sentence means, so let me explain it briefly.
The Lawrence family, as the nominal agent and one of the largest shareholders of the Mond Wine Alliance, is the issuer of the largest futures contracts and the holder of the largest debt within the entire Mond Wine Alliance.
This is entirely supported by the funding provided by the Fools. Once the Fools withdraw their funding support for Lawrence, the consequences will be obvious.
The once-booming market for high-end alcoholic beverages collapsed in an instant.
Lawrence, as the largest acquirer, was unable to take on the order, which meant that what seemed like a promising market suddenly disappeared.
This quiet change didn't seem like much at first, but when the first holder suddenly sold all of his futures contracts, the others also realized something was wrong.
As a result, the other futures contract holders who realized the situation suddenly woke up from their frenzy and planned to frantically sell all their futures and spot contracts.
This practice immediately inspired others to follow suit and frantically sell their ridiculously overpriced liquor.
Soon, the frenzy of selling became just as intense as the frenzy of buying.
Everyone was scrambling to extricate themselves from the mire of this frenzy, but as everyone began frantically selling everything, they didn't consider anyone else; all they wanted was to find a way to reclaim their own profits.
As a result, prices collapsed.
The once incredibly enthusiastic wine market suddenly collapsed.
A large number of unsold futures and spot goods suddenly collapsed at this moment. The stockpiled spot and futures goods could not circulate, which would inevitably cause the originally high prices to plummet in an instant.
The large number of unsold goods that could not be sold led to a rapid depreciation of their value.
The more people want to extricate themselves from this frenzy as quickly as possible and the more they want to sell all their holdings, the more rapidly the price of goods will depreciate.
Even the holdings held by others, including those used as collateral for loans borrowed from the Northern Bank, began to depreciate wildly at this time.
However, the debt did not disappear, which made it impossible for the merchants who had mortgaged futures to the Northern Bank to repay the loans.
Tens of thousands of people were left destitute in this catastrophic collapse after the frenzied revelry.
It wasn't just the merchants who bought futures contracts; the entire Mond Wine Alliance, including the old nobles like Lawrence, also incurred huge debts due to defaults.
Everything unfolded exactly as the Fools had planned. The only party to bear the enormous default penalty was the interest group centered around Lawrence and other old nobles, while the party receiving compensation was the Northern Bank, the borrower.
All defaulting parties and those burdened with huge debts are required to pledge all their assets to the Northern Bank as compensation.
Monde Winery collapsed in an instant.
This led to the near-total paralysis of the entire Mondstadt economy. It wasn't just a simple case of the Mondstadt wine industry's prices being destroyed; a large amount of Mora evaporated directly after this frenzy.
Losing such a huge amount of cash flow would be almost fatal for Mondstadt as a whole.
Meanwhile, within the Knights of Favonius.
Only now, witnessing this massive collapse, did Grand Master Falgar and the others finally realize that behind the seemingly boundless wealth of this frenzied revelry lay an incredibly fragile bubble that could burst at any moment.
Most of the Knights of Favonius had extremely gloomy expressions on their faces. They finally realized what the Fools were trying to achieve by doing all this.
Unfortunately, it wasn't until they truly realized this that things changed.
It's too late.
It's all over now.
“The ‘Rich Man’ Pantalone… what a terrifying fellow…”
Grand Master Falgar's voice was incredibly deep.
At first, although he sensed something was wrong with Mondstadt's unusual market, he did not believe that it would shake the foundation of Mondstadt.
But after all this actually happened, he realized just how terrifying the business was behind this seemingly insignificant business.
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