There are people who cooperate with Lynch, and naturally, there are people who do not.
The old gentleman who yelled "Even if I go to hell, I will not sell my factory to you" and "Let you and your greed go to hell" is experiencing a different feeling at this mont.
His factory has been completely sealed off, and bank staff have placed seals outside his factory, with a large number of workers beginning to enter for liquidation.
This was only possible with the permission of the Sabin City court and Judge, in other words, the entire Sabin City’s judicial system supports the bank in doing this.
After all, people understand the principle of paying back debts, especially when it’s such a large amount of money.
The most crucial thing is he also rejected the goodwill of Mr. Lynch!
Lynch wanted to help him, but he not only rejected Lynch’s goodwill, which stemd from kindness and compassion, he even falsely accused Lynch of being behind all this.
Actually, these people are those who do not admit defeat; the money was borrowed by them, spent by them, and the decision to expand and increase production capacity was also made by themselves.
The decision to hoard these raw materials when they were "cheap" was also made by themselves, and so even, in the best years, would sell their produced goods to the highest bidder despite the order deposit from others.
This led to a pile of unwanted orders in the warehouse that nobody was willing to take over, becoming one of the causes dragging down the factory.
The old man stood outside the factory with blank eyes; he is no longer allowed to enter the factory, because from this mont on, it is within a restricted behavior area, and the property belongs to the bank. He is just an outsider.
So workers pulled a cartload of raw materials out of the factory, placing them on the open ground, and those responsible for clearing up were registering these items to facilitate calculating their total value.
The old man looked at those almost brand-new raw materials, with his heart bleeding deeply, especially when the appraiser shouted, "A cart of bug-bitten, rat-gnawed second-hand production waste..."
Now, the old man not only lost the factory but also carries massive debts due to insolvency. He, his family, and all who enjoyed the affluent life brought by this loan will be deed joint debtors by the Judge.
At that ti, they will be forced to work to repay the bank’s arrears as soon as possible.
Of course, these matters have nothing to do with Mr. Lynch or those who admit failure and fate; for them, new life and new journeys have just begun.
After Ferrari assud office as mayor, he imdiately involved Lynch in the matter, and promised the citizens of Sabin City via television that starting next week, they would appropriately select so of the most struggling families to enter Lynch’s factory for production resumption.
The announcent of such a ssage right upon inauguration directly eliminated any doubts so citizens had about Ferrari’s capabilities, and even turned so into his staunch supporters!
And all of this is related to job positions and employnt.
"After we clean up these factory inventories, the factory will start operating again, no later than the third week of this month."
Standing among the crowd, Lynch, standing side by side with Ferrari, was announcing this ssage to so in society; yes, this was Ferrari’s celebration ceremony, having beco mayor, and he followed certain rules to hold such a ceremony.
Although not many people surrounded him now, fortunately, he inherited part of the capital forces from Landon, the forr mayor, and those rchants unwilling to leave locally began to revolve around Ferrari.
Plus so of Ferrari’s own connections, so from society, Lynch even saw so Middle Class people here.
The new mayor represents new opportunities; so people are overcoming difficulties that they couldn’t overco on their own before—a new "ecosystem" is forming.
People were curious about how Ferrari managed to acquire those job positions from Lynch, so Ferrari directly pulled Lynch over to let him speak to everyone.
Faced with Lynch’s affirmative answer, so people showed an incredulous expression, "Mr. Lynch, now every ti we start production, we face a loss. If your factories start production... can they maintain their costs?"
Lynch shook his head, "It’s not about whether we can maintain costs..." As he said this, so people imdiately exchanged opinions through their eyes, realizing this is actually the most normal!
Starting production at this ti ans loss, just starting ans losing!
This sentence may sound a bit off, but it is the most realistic situation currently, because due to economic depression, many distributors will no longer pay part of the money before seeing the goods and settle completely when seeing them.
Now, to hedge their risks, distributors require selling goods first and then paying.
This also results in starting production, not only having to pay wages to workers, consu corresponding raw materials, and pay transportation costs, but also not getting money back.
It’s very likely that so enterprises go bankrupt in such a process, so most companies now prefer doing nothing rather than starting production.
Apart from these problems, the change in supply structure weight turning the factory from a strong position to a weak one is also one of the reasons factories can hardly profit currently.
Actually, it’s impossible to sell every item completely, except for very popular items.
Previously, losses due to unsold goods were mostly borne by distributors who bought a hundred items, sold eighty, and discounted the remaining twenty, but overall they still made a profit.
But now, with distributors selling first and paying later, the risk of unsold goods is entirely transferred to the factory.
The loss from the twenty unsold items must be borne entirely by the factory, and the profit from selling eighty items may not even cover the loss brought by these twenty unsold items.
Distributors started going up, becoming the most important link in the product supply chain, which differs from before when the factory directed the whole supply chain; now, the situation changed, and the factory’s risks are greater.
Lynch’s words led them to believe he chooses to start production despite losses just to support Ferrari, which gave people accurate judgnt over so private rumors circulating, like Lynch and Ferrari having a deep personal relationship, etc.
But Lynch’s subsequent words left their minds blank for a mont.
"...my problem is how much profit these factories and products can bring !"
The people surrounding this "mainstream" circle were suddenly in an uproar; people found it hard to believe what they heard aligned with what they understood as the sa thing.
Everyone is now complaining about how much they lost, how tough life is, suddenly soone not following the usual pattern by saying he’s considering how much money to earn; this would indeed make people feel like he’s trying to grab attention.
"Please excuse my rudeness, Mr. Lynch, in such a situation, how do you ensure your profits?", a rchant squeezed out of the crowd and stood before Lynch, introducing himself, a shoe factory owner.
Others also watched Lynch, seeing how he would answer this question.
Lynch smiled and said, "I will not leave these products for sale dostically; if I sell these things to Federation people, then I certainly have to face loss."
He looked at others; his pace wasn’t quick, and he articulated clearly, ensuring the surrounding people could hear clearly.
Perhaps it was because too many people gathered here, or perhaps so sounds spread, so people headed this way.
"But if I export the products abroad, I might not incur loss and might even earn so money..."
"If everyone pays a little attention to recent fresh news, you will find a term ’internationalization’ appearing more frequently; internationalization is already integrated into our lives."
"Rapidly developing technology has shortened the distance between us and the world; we can easily sell goods abroad, sell to the world."
"If you notice so international trade policies, you’ll find that now exporting goods gets tax rebates, and so items also receive additional subsidies."
"These will greatly relieve our pressure, and the international market is far bigger than the dostic market, more deeply comprehended, more stereoscopic."
"Any product has an appropriate place for sale; we just need to find it and transport the goods there!"
The unidentified gentleman who raised the question asked again, "Mr. Lynch, are you talking about Nagariel?"
Lynch glanced at him, nodding, "You could say that, but it’s not just Nagariel that ets our pursuit for profit as rchants."
"I personally just think Nagariel is more suitable. Think about it, ladies and gentlen; that’s a country with a population of two hundred million!" Lynch smiled, using body language to describe this "big" scale.
"We are cultivating this country, this market."
"Once a market of two hundred million people is cultivated, if each person spends ten dollars a year on Federation-origin goods, that’s a market of two billion!"
"But, gentlen, for a country materially backward, their material demands are not rely as small, as simple as ten dollars!"
"It could be twenty dollars, thirty dollars, fifty dollars, or even a hundred dollars!"
"We are cultivating this market to better fit our needs, and then..." Lynch smiled, sipping his wine, "it’s just that easy, ladies and gentlen!"
Lynch didn’t speak; he has always been very honest, and indeed plans to sell these products to Nagariel, just the sales thod is slightly different.
"Bang!"
User Comments
0 comments from readers