In the worst case scenario, Li Cong also thought that the war here must end within a month. If it cannot end within a month, the Cao Family Trading Company's army will be dragged here. Although the Cao Family Trading Company's people have already

They worked hard throughout the Western Empire, but the Western Empire is a big country after all. He can dispatch troops from all over his empire. At the beginning, those people would resist. When the generals received His Majesty the Emperor's orders,

When they received the order, they did not dare to delay it any longer. Besides, they had already seen the hope of defeating the Cao Family Trading Company. If reinforcements were not called at this time, the empire would eventually destroy the Cao Family Trading Company.

If they are defeated, their days will be over at that time. As long as the people of the Cao Family Trading Company are trapped here, the possibility of final failure will be very high. In that case, they will not be able to obtain any benefits in the Western Empire, and they will not be able to gain any benefits in the Western Empire.

The Cao Family Trading Company's army will be able to take off the title of ever-victorious army. They capsized twice in the hands of the Western Empire's army. This is also what the people of the Western Empire want to pursue. In their view, losing some people and people

What money they have, they are not very important things, they can all be discarded. The most important thing now is to win the war against the Cao Family Trading Company. Only in this way can one truly stand up.

, becoming the second largest empire after the Eastern Empire, some cooperation with the Cao Family Trading Company in the future will be much better than now. For example, those debt issues are a very good thing. Can Cao be allowed to do so at that time?

Should the people of the Cao Family Commercial Bank forgive some of their debts? The Western Empire is indeed planning this, because they have been overwhelmed by the debts of the Cao Family Commercial Bank in the past ten years.

In the past ten years, no one knows how much people in the Western Empire have borrowed from the Cao Family Trading Company. However, someone has calculated a figure. In just one place in the capital, the interest paid to the Cao Family Trading Company every year exceeds

One hundred billion silver, at an interest rate of 10%. The capital alone has borrowed more than one trillion silver from the Cao Family Commercial Bank. The entire empire has no idea how much money it has. The banknotes issued by the Cao Family Commercial Bank are already

The currency in circulation in the entire society. According to the Cao Family Commercial Bank, it needs one tael of silver in kind before it can issue one tael of silver banknotes. But is this really the case? That is impossible. No one does it every night.

At one time, they took one or two silver notes to the bank of Cao's Commercial Bank to exchange them for silver, and then exchanged them for banknotes the next day. In their eyes, this was silver, which was better than the banknotes from the previous banks.

It's amazing. There were also some bank runs on Cao's Commercial Bank, but in the end, the people in Cao's Commercial Bank were always able to come up with enough money. Only once did the people in Cao's Commercial Bank not have enough money.

, but they came up with another hard currency, which was food. No matter when, food was the same hard currency as gold. That is to say, after that time, some conspirators in the Western Empire felt that it was impossible to

In terms of money, they are on par with the people from the Cao Family Trading Company. They all know that they cannot have that ability, so they are all honest. Since it is an economic war, it is better to have a war.

It was a real war. Just like now, the royal family of the Western Empire planned to end the war immediately after defeating the Cao Family Trading Company, and then let the people of the Cao Family Trading Company reduce their one-year interest and 20% of their debt.

Although the Cao Family Commercial Bank was allowed to reduce only one year's interest and 20% of the debt, this number was already very huge. The royal family of the Western Empire had its own accounting agency, and they had already calculated the Western Empire's

How much money have governments at all levels borrowed from the Cao Family Commercial Bank? It can be said that this number is already an astronomical figure. The total annual tax revenue of the Western Empire is only about three trillion silver, including some other income.

It's about five trillion silver, but they have launched various projects worth hundreds of billions of silver across the country. Although most of the businesses in the Western Empire have developed very quickly, they are all based on the Cao Family Trading Company.

Based on the loan, the annual interest burden is a huge amount. According to the calculations of the accountants of the Western Empire royal family, governments at all levels and some merchants of the Western Empire have lent a total of approximately 411 million yuan from the Cao Family Trading Company.

Trillions of silver, the merchants and the common people did not care about the Western Empire. After all, it was their own business, but they needed to manage the debts of the royal family, their relatives, and governments at all levels. After careful calculation, half of them were

It was lent by these people, and the total amount was about 200 trillion silver. If calculated based on the average interest rate of 10%, Li Cong would take tens of trillions of silver from the Western Empire every year, which was eight times higher than the Western Empire's tax revenue.

times, taking away 20 trillion from the government of the Western Empire, which means that they will never be able to repay this money no matter when it comes. In the future, they will always need to borrow money from Li Cong.

Because they need to repay the interest, the annual taxes can only be enough to repay the interest, and even now they can't even pay the interest, so they can only continue to borrow money.

In name, the royal family of the Western Empire rules the Western Empire, but in reality? They have no ability at all. It can also be said that they have no right to rule the Western Empire at all. They all know very well what it is like now.

, they all know where the money goes every year, but how can they choose? It is written in black and white on it, the government defaults on its debts? It doesn’t matter, then the people of the Cao Family Trading Company will make every common people in the empire

Everyone knows this. If the credibility of a government goes bankrupt, what will happen? Besides, these officials usually take money from the Cao Family Trading Company, and they will do everything possible to deal with this matter.

No? No, the Cao Family Trading Company has evidence that they took the money. If you are in the first year of junior high school, I will be in the fifteenth year. At worst, I will just give this to the tribute and you will get it in the end.

What? For the sake of the imperial court’s own face, individuals like you will definitely be sacrificed, and the people will lose confidence in the imperial court. How long can a government without the support of the common people last? This is all because of Li Cong

Within the calculation, it can be said that among the four major empires, except the Eastern Empire, no one has fallen into such a vicious circle. The other three empires are like this. A few years ago, the royal families of these empires had not noticed it. They just

It can be seen how fast they have developed with the help of the funds from the Cao Family Trading Company. In the past two years, when it came time to pay back the money, they finally understood. This thing turned out to be a huge trap. Just like now, the tax revenue in the capital

There is less than 40 billion silver a year, but 100 billion needs to be repaid in interest. There is no way, the remaining more than 60 billion still needs to be borrowed, and the total amount of money has increased again.

This is still a minor issue. The most important issue is that if you want to borrow money, you must have your own mortgage. At the beginning, you can use some other things as collateral. For example, land and other things, but

What should we do if all such things are mortgaged? At this time, we need something else, which is some rights in your hands, such as the right to tax. Now the tax officials in the capital of the Western Empire are basically Cao Family Trading Firms

People. Why not use your own people? Because there is no use at all. The people from the Cao Family Trading Company took the money directly. They didn’t want to stay in their hands for one more day.

If so, there will be hundreds of millions more silver in interest. They all know how to be diligent and thrifty at this time, but it is already too late at this time. There are no such things anymore. As for the matter in the capital of the Western Empire mentioned earlier, you are borrowing money.

You have repaid this year’s interest, but what about the principal that still needs to be repaid this year? And don’t your governments still need to operate? This will require more borrowing, and the total amount of borrowing will continue to rise every year, although you

Taxes will also rise. But can it be compared with the total amount of these borrowings? You borrow money every year and pay it back every year, but in the end when you calculate this problem yourself, you will feel that the debt is still increasing, and your own

Life has become even more difficult. Although the ordinary officials of the Western Empire are also struggling with this matter, the people from the Cao Family Trading Company gave them an idea. When your official position can no longer be maintained, you can move to another place.

Just go to the place where you want to go. This kind of thing is the most normal thing. If you don’t have money, we can also give it to you, of course it is also a loan.

The accountants of the Western Empire can calculate this matter, and Li Cong himself can also calculate this thing. He already knows very well what the situation is now. These people in the Western Empire must have learned from themselves if they want to defeat themselves. They must follow

He negotiated by himself. He had already received information from the intelligence department of the Cao Family Trading Company. The Western Empire wanted to reduce interest and 20% of the debt. Is this possible? This is tens of trillions of silver. Back then, the Southern Empire still had

They hope to use Wujin Mine to directly repay Li Cong's debt. I really didn't expect these people in the Western Empire to want to use war to talk to themselves, but this is no problem. Just look at what you are doing. Now on the beach

The position has been expanded a lot, and his own defense line has been established. At this time, Li Cong has already ordered the assembly of heavy artillery. This thing will definitely bring you good memories. In fact, according to Li Cong's idea

It would be best if there were cannons like those on battleships, but it is not easy to get such things on land. They can only be used on battleships. If such things are installed on wooden ships,

, it probably sank immediately. There was basically nothing within a hundred meters of that thing when it was shot. It’s a pity that something like that can’t come here. It’s technically unreachable. If there was that thing, it would probably be

The walls of the Western Empire can be opened in one afternoon. Even if the people of the Western Empire don't want to surrender, they will have no choice but to have heavy artillery without that thing. It would be nice if this thing is used well.

, in the end, we were able to break down the wall of the Western Empire, we just needed a little more cannonballs.

Li Li was temporarily in charge of the mixed army. Li Cong had to study the frontline matters himself. Li Cong found someone to get the construction plans of the city wall of the capital of the Western Empire. This kind of thing can be said to be the most important thing in the Western Empire now.

It's something, but the Western Empire has a great cause. There must be at least hundreds of people who have seen this thing, and among them there is likely to be people with very high memories. Such people can definitely take advantage of the temptation of money.

This thing was drawn. Don't think that it is a difficult thing. If it were a difficult thing, it is estimated that Li Cong would have a blank piece of paper in front of him now, and there would be no such drawing.

This thing was drawn by the grandson of the Minister of Industry of the Western Empire. This guy had a good relationship with the people of the Cao Family Trading Company in the past. Of course, it was also because the people of the Cao Family Trading Company often gave him some small surprises, such as

The thing in front of me was obtained by the Cao Family Trading Company in exchange for two exotic girls. What this guy likes most is collecting beauties of all races. The people in the Cao Family Trading Company know that his favorite is the Siren. In fact,

They are not real sirens, they are a nation on an island. Their girls are very beautiful, especially their skin, which is as smooth as water. This is something you can't buy with money. The most important thing is

The difficulty is that it is too difficult to get to their island, the distance is too far, it is in the south of the Southern Empire, but this is simply a piece of cake for the people of the Cao Family Trading Company. The two girls went there, and this drawing

Just came here. Li Cong has been studying it for half an hour. From the amount of materials used at the beginning and the things he will use when repairing later, Li Cong calculated that this is the weakest spot on the city wall. If something like heavy artillery is used

If the bombardment is to be carried out, it should also be aimed at such a place, otherwise the bombing may not be able to open. This is also what Li Cong is worried about, but all calculations need to be seen with actual results, and they need to be verified now.
Chapter completed!