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Chapter 1216 - 1216 203 The Most Profitable Business Model_2

1216: Chapter 203: The Most Profitable Business Model_2 1216: Chapter 203: The Most Profitable Business Model_2 The current situation is far more reliable than the strategy of controlling parts of the Northern Continent.

If handled well, the destruction of the Five Nations Alliance could reverse the offensive and defensive momentum between the Alliance and the Human Race.

There is no doubt, the destruction of the Five Nations Alliance is just a beautiful fantasy.

The Human Race powers of the South Continent, no matter how adept at internal strife, would never sit back and watch the Alien Coalition turn the tables.

“Quick, send the message back to our tribe immediately!”

Derris said, losing her composure.

Deep down, she had cursed the entire family of the elf who gathered intelligence.

Such an important event as the Five Nations forming an alliance, and not having known about it beforehand.

However, it was clearly a case of blaming the wrong party.

As a continental hegemon, the Human Race still has its own pride.

Those willing to cooperate with them are either societal cast-offs or decliners.

To avoid external interference, the negotiations of the Five Nations were conducted in secret.

A group of outcasts who have fallen from the center of power, even if they truly served the Elf Race, could not access such information.

Without receiving any notices, they naturally could not report back on time.

Even now, with the joint announcement from the Five Nations out, the Elf Intelligence Department would still be a day or two behind in receiving the news.

Efficiency, this is the Achilles’ heel of all longevity races.

Their long lifespans have acclimated them to a slow pace of life, and their concept of time is extremely weak.

In the Dapes Royal Palace, George, holding the joint announcement from the Five Nations, had an elated expression.

The Five Nations Alliance came at just the right time, signifying that the dire situation of Moxi Duchy had finally reached a turning point.

“Your Majesty, the situation has now changed, should we continue with our previous strategy in the negotiations with the Elf Race?”

Count Reynato, the Minister of Foreign Affairs, asked with concern.

Due to the previous situation, Moxi Duchy’s stance in the negotiations with the Elf Race had been extremely low, fully implementing the “show weakness to the enemy” strategy proposed by Hudson.

Times change.

By selling misery, they gained the sympathy and support of the Human Race nations, and now with the Five Nations Alliance as a reliance, Moxi Duchy was no longer as weak as before in facing the Elf Race.

“Why not continue?”

George asked with a chuckle in response.

Playing the role of a pauper, Moxi Duchy now can’t even produce a single extra Gold Coin.

Whether it’s concessions on compensation or apologies, it all comes down to face-saving issues.

For Moxi Duchy, which has fallen into bankruptcy, what face is there left to speak of?

Since things have come to this point, might as well carry out the display of weakness to the end, to continue paralyzing the Elf Race.

Only by hoodwinking the enemy can you defeat the enemy.

Deep down, George was already prepared for a protracted war with the Elf Race.

It would be a tough path, but Moxi Duchy had no choice.

After a slight hesitation, everyone expressed their agreement.

If decisions were made on a whim, Moxi Duchy would have perished years ago, and would not have reached where it is today!

Having tasted the benefits of making such choices, Moxi Duchy’s high-ranking officials showed an extraordinary patience when faced with similar problems.

It’s nothing more than being cursed by the younger nobles behind their backs; after all, they can’t hear it.

With everything settled, Near East Development Bank added a new service: collecting taxes on behalf of Moxi Duchy, ensuring the annual repayment amounts could be transferred smoothly.

To be precise, the guarantee is more significant than the management.

After all, Moxi Duchy had previously mortgaged its tax revenue to Near East Development Bank, and legally, in the event of debt default, the bank has the right to collect taxes on their behalf.

This is a double insurance.

George, worried about the bankruptcy of finances, had the creditors possibly taking over the tax department of Moxi Duchy, so he made a preemptive plan.

Lending practices were based on fabricated false accounts, so adding a fictitious mortgage contract was naturally not difficult.

The acting was so convincing that Moxi Duchy’s image as a pauper was ingrained in everyone’s mind, so much that nobody dared to let the Moxi Government handle money.

Paranoia led everyone to believe that once taxes entered the pockets of the Moxi Government, they would never come out again.

Both sides needed security, and the role of the intermediary – Near East Development Bank – emerged.

According to the agreement, Moxi Duchy’s financial tax revenues would first be deposited with Near East Development Bank and after apportioning 4 million owed to various parties, the remaining funds would then be allocated to the government of Moxi Duchy.

To secure this business transaction, it was purely a public welfare action, and Hudson did not charge a copper coin in processing fees.

After the tax revenue was booked, it had to be apportioned to various parties within three days, simply transferring it once through their hands.

Of course, for everyone’s convenience, the money was directly deposited into the accounts associated with each party’s Magic Crystal Card.

When to withdraw the money, where to withdraw it, all are decisions made by the parties involved.

Hudson is also striving to attract deposits.

Even if it is just temporary transit money, he is unwilling to let it slip away.

They were all forced out, and with the continuous growth of Near East Development Bank, there has been a serious imbalance between loans and deposits.

Putting aside Moxi Duchy’s fake accounts, even the normal difference between deposits and loans has reached Hundreds of Millions of Gold Coins.

Although these loans are secured and there haven’t been any large-scale bad debts, the lack of cash remains the biggest risk hanging over Near East Development Bank.

The underlying reason is that the nobles of Alpha Kingdom are too poor, and there are very few with a need for deposits, but there is a large number who need loans.

In order to reduce the risk, Hudson has already strictly controlled the amount of loans issued, but this has still not resolved the problem.

As a last resort, he has had to find ways to attract deposits.

Even if the funds are only passing through, he does not want to miss out now.

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