Chapter 1497: This Is the Future

In just one day, bonds were sold for nearly a hundred million, which can be considered a miracle.

This achievement is exceptionally outstanding, given that these are corporate bonds, not those issued by a nation.

Although bonds possess strong risk resistance, not all bonds are like that. Bonds issued by a nation are better off, as they have the support of the nation behind them.

But bonds issued by enterprises are hard to say; no one dares to claim that a company will never go bankrupt or always do well. No one can guarantee such a thing!

For the social environment of the Federation, the sudden bankruptcy of a company is simply not a concern. If the value of its bankruptcy exceeds the value of its continued existence, capitalists are indifferent to a company under their name applying for bankruptcy.

Many ordinary people, the Middle Class find the word “bankruptcy” extremely sensitive, believing it is the path leading to the despair of their careers.

Of course, the fact is indeed that way. For the lower social class, they lack the ability to withstand entrepreneurial risks.

They often stake the effort of several generations on a startup project, even when they themselves are unsure about it!

Tomorrow might not necessarily be clear skies; it could be a stormy day.

For them, bankruptcy means the efforts of decades, the toil of several generations within a family or clan have vanished.

They can’t afford to lose, so to these people, “bankruptcy” is always the most frightening nightmare!

But for true big capitalists, “bankruptcy” is merely a capital strategy, like splitting a company into two parts – positive assets and negative assets, allowing the negative assets to go bankrupt, while the positive assets continue to create profits…

It is not scary, and from the perspective of a predator, it’s even somewhat adorable.

A whole day passed, and large capital forces, like some foundations, have yet to enter the market; they still need to resolve the last few issues.

Once the stock is listed as reflection of its value, that entrusted management contract must be disclosed.

The reason is simple: if you claim the contract is valuable, you must let people know why it’s valuable, right?

If you don’t disclose these, the Financial Supervisory Commission will have opinions, and it won’t attract the attention of true capital magnates. Only by disclosing it can people figure out some clauses within.

This entrusted management contract is basically without any issues, which is the conclusion many institutions arrived at after thorough research.

To ensure the safety of their investments, these institutions or individuals are not stingy about expensive lawyer fees, letting them repeatedly study every clause.

Eventually, they obtained the answers they wanted.

As long as they hold more than five percent of the stock, they can attend the company’s board meeting.

Every quarter, the company will dispatch three representatives to Lemar National Bank to “supervise” and “advise” its daily management and operations.

These three representatives also occupy three voting rights on the National Bank’s board, which means that at least until the contract expires, this company’s value is indeed worth the money!

You can influence some policies of a national bank; for the Federation’s capitalists, that’s already more than enough!

Three individuals who can be persuaded with money are the best news for capitalists who have plenty of money and are not afraid to spend it.

They fear they won’t be able to spend it or spend it but don’t get the results they want.

With three votes as solid support, then using their methods to persuade other board members, how can they not achieve what they want?

The following day, some foundations began to enter the market.

They weren’t buying stocks; stocks… are actually somewhat secure and not suitable as medium or long-term holding assets.

They valued those bonds.

After confirming the safety of the bonds through various other means, some foundations started swallowing these bonds massively.

Actually, not all funds and investors pursue high-risk and high-return projects. Some funds, such as charitable foundations or other similar ones, seek stability.

They’re not keen on projects with too much risk, so bonds are their favorite content.

Without bearing too much risk, they can obtain sufficient profits.

Forty-five percent in three years is not insignificant; for many large capital powers, it’s a profit demand they simply can’t achieve.

But now, it’s achievable just through buying bonds…

The sales speed of the bonds, coupled with the continuous rise in stock prices, once again suppressed the voices of those waiting to laugh at Lynch and mock him, with the “Lynch miracle.”

Those who just days ago were sharing “Lynch’s sure to lose” news with their families now wave their arms to cheer for Lynch’s success upon receiving the news.

Society is complicated because human nature itself is a complex thing.

And Lynch once again proved his statement —

Money, however much he wants, he can get!

By the end of May and the beginning of June, the Federation’s warships docked at Lemar’s ports, and a large amount of material and orders rushed into Lemar.

Coupled with some criminals being pulled out and hanged in various city squares, Lemar’s chaotic situation stabilized in an instant.

Small countries sometimes have advantages, such as turning around quickly on such major issues.

People began working hard for the Federation people’s orders, and life returned to stability, and they firmly stood on the Federation’s side.

Except for a few members of the Opposition Party supported by Peng Jieao people still opposing the Autonomous Party everywhere, essentially, Lemar has returned to peace.

There’s just over five months until President University’s election, and domestic momentum for the elections has already begun…

On the weekend, Lynch also participated in a very special speech.

It was a speech, but rather it’s closer to a public question-and-answer session, where most presidential candidates engage in these, especially those lower in polls.

They need to showcase their proximity to the public, allowing more people to voluntarily promote them and like them.

The question-and-answer session is a low-cost yet highly effective method, but it requires certain preconditions: the candidates in the session cannot be idiots!

Otherwise, the sharp issues from the public will leave the debaters in an awkward situation. People don’t like presidential candidates who can’t answer public questions, nor do they hope he can become the President.

Mr. Truman’s speech in a neighboring state’s sports arena, a swing state, based on the current campaign office’s strategy.

More resources will be used in swing states. Winning a majority in these will significantly increase the chances of victory.

The voters in swing states lack stable political stances, privately depicted by some politicians as “wild dogs,” who will side with whoever offers them more “bones.”

But in reality, they won’t get a taste of the meat bone, as once the candidates use them up, they forget the promises they once made.

The speech officially began at eight in the evening.

The speech draft was prepared by the office, the primary content first praised some merits of this state and this city, like cleanliness and tidiness, trivial things aren’t bad to talk more about.

People love when others, especially those with status, praise their hometown, as if they contributed a lot to the town’s development!

Oh, yes, they paid taxes; that might be the proudest moment for taxpayers.

After all, the hometown’s prosperity is entirely because “I” paid taxes!

The strategy of the speech wasn’t too aggressive; people symbolically applauded, until he talked about the social insurance system reform.

“…Based on the information we have, thirty years is too long, to a point where many people actually don’t have the ability to complete the payment.”

“This is unfair to most people, and if I win, I will work towards changing this!”

When Mr. Truman mentioned social insurance system reform, the originally relatively quiet stadium suddenly boiled over, many stood up wanting to question him, and many were very excited!

Yes, excited, because as he said, thirty years is too long!

Looking from the current capitalists’ perspective, a Federation citizen leaving high school at eighteen enters the workforce, working until forty-eight, leaving enough buffer time before their retirement.

But actually, it’s not like that!

Most young people stabilize their jobs after their twenties; after all, they are young, just coming out from the peaceful campus and haven’t yet accepted the unfairness of society like an adult.

They still possess rebellious spirit and courage, and they won’t bow to fate’s twists!

Despite ultimately being battered by reality and having to bow to fate, they won’t settle down in their first few years.

According to Federal Social Security rules, one must pay for thirty years to stably and permanently enjoy social insurance.

The most crucial part is that the payer must be a Federation registered company; meaning if someone wants to pay for themselves, they’re not qualified.

According to the current retirement system, if people can’t complete thirty years before retiring, they’ll forever lose all forms of social security after retirement.

They will have no pension, struggle to afford healthcare, sinking in sweet air till suffocation!

People have been trying to change this for years, but ultimately, nothing changed.

Because it involves the core interests of Federation capitalists, if social insurance payment rules change, why should they be able to almost recklessly exploit and oppress workers like now?

If you act too excessively, workers will leave; they won’t miss the most important matters of their lives because they fear not finding another job on time!

Thus, capitalists consistently oppose social insurance reform; they don’t want to release the working class from this insurance!