Chapter 83: Run

　　 As soon as the run occurred, it caused a sensation in Vienna and began to spread in all directions. The stock market reacted immediately, and the stock price of Austro-Hungarian Bank began to plummet.
　　 At this time, Vickers is in a hurry. No bank is not afraid of a run, especially in the economic crisis. A shareholder meeting was convened decisively to ask the major shareholders behind the scenes for help.
　　 Vickers’ decision is correct, and the shareholders behind the Austro-Hungarian Bank are all the dignitaries of the Austro-Hungarian Empire. As soon as these big men acted, the Austro-Hungarian government came forward to refute the rumors and defended the Austro-Hungarian bank, and Vickers borrowed an emergency fund from other colleagues.
　　 At the same time, they used the relationship, said that they used the good media, and started a public opinion offensive in an attempt to reverse the adverse effects.
　　 If there is no one to make trouble, the Austro-Hungarian Bank has now survived the crisis. But Vhuhu will definitely not give up. Ferdinand’s purpose is to make the Austro-Hungarian bank very vigorous and it is best to go bankrupt.
　　 The biggest problem of the Austro-Hungarian Bank is its "credit." As long as the people continue to spread the bad news about the Austro-Hungarian Bank, no one can save it.
　　 At the end of the 19th century, the government's supervision of public opinion was minimal, and the freedom of the media was extremely high. Fuhu still chose the old method—with rhythm. For example, the Weirui Textile Factory went bankrupt last month, and he owed a loan to the Austro-Hungarian Bank, which turned into a bad debt; Casston Hardware Factory went bankrupt half a month ago. Also owed, a loan from the Austro-Hungarian Bank, bad debts and so on.
　　 Reports on bad debts are all minor problems. How can there be no bad debts when opening a bank? Even if we don't talk about the specific amount, it is all described as "huge loan". The amount of this "huge amount" depends on the brains of the people.
　　 For ordinary people, a loan of 10,000 krona is also a huge amount, and a loan of 1 million krona is still a huge amount. Anything is possible, and ordinary people guess what they think is reasonable.
　　 Then the more I think about it, the more I feel that there is a problem with the Austro-Hungarian Bank. Recently, it has been making bad debts. This has only been disclosed. I don't know how many are secretly? No, the Austro-Hungarian Bank is afraid that it is dangerous, so you have to withdraw the money quickly! The run crisis intensified.
　　The current public opinion orientation in Vienna is very strange. The mainstream media are urging everyone to calm down and stand for the Austro-Hungarian Bank. Other street newspapers have reported on the bad debts of the Austro-Hungarian Bank and are fighting each other.
　　 Generally speaking, Vickers’ public relations are effective, and the Austro-Hungarian Bank has gradually reversed its negative influence on public opinion, but the number of people withdrawing money is indeed increasing.
　　 Vickers definitely didn't know that there is a kind of "hype" in later generations, and there is no need to produce evidence to make everyone believe, as long as some people doubt it, the goal can be achieved.
　　 The verbal battle between the media, now that the topic of the Austro-Hungarian banking crisis has been copied, it is difficult for ordinary people to distinguish between true and false.
　　 Many people chose to withdraw money in advance from the Austro-Hungarian Bank for safety. Seeing the crowds in line, they strengthened their determination and affected more people.
　　 Vickers panicked, and the Austro-Hungarian bank run crisis broke out. Now millions of cash are withdrawn every day, and this number is still increasing. Even some big customers are beginning to wait and see. Once these people join in, the Austro-Hungarian Bank will really be over.
　　 Vickers decided to completely reverse public opinion. He knew very well the feces of newspapers. No matter how it was reported, it was for a word of money. There may be newspapers that really exist for justice and justice, but they are not worth mentioning in the face of money.
　　 The Austro-Hungarian Bank has stepped up its money offensive, but Vhuhu will not sit still. Ferdinand’s intelligence organization in Vienna was the first to operate, and its power was definitely not on the surface.
　　 Soon, Vhu had the evidence that the Austro-Hungarian bank bought the newspaper. Photographs of money transactions between Austro-Hungarian banks and newspapers were published in the headlines of the next day.
　　 There is also a small photo of a bullet attached below the photo, and the editor’s passionate commentary, axiom will not succumb to money, justice will not compromise with bullets... It is bound to expose the despicable methods of the Austro-Hungarian Bank.
　　There are pictures and the truth. The reversal caused this time is much greater. The people of the Austro-Hungarian Empire are all angry. They have joined the condemnation against the Austro-Hungarian Bank.
　　 It's too late for Vickers to do anything. The people believe that there is a problem with the Austro-Hungarian Bank. Otherwise, why did they spend money to buy the newspaper and why they threatened others.
　　 Vickers is now crying without tears. Yes, he did it by spending money to buy it. This is a very common thing. It is normal to buy public opinion. It is nothing but a little too much by himself.
　　 But sending bullets, this kind of garbage method really has nothing to do with him. Dealing with a street tabloid is not easy. Does it need to be taught?
　　 But any explanation is futile now. Except for the newspapers they control, other Vienna media dare not speak for them anymore. It really affects credibility.
　　 Vickers has no discount. In fact, there is no need to think of other methods now. It is the right way to deal with the run crisis. UU reading www. uukahnshu. com
　　As a qualified banker, Vickers knew that to overcome this difficulty, it was a word of money, and the top priority was to do his best to raise funds.
　　 But there is another bad news that Vissen Czech Bank went bankrupt!
　　 "Mountain and rain want to come and wind is all over the building"
　　 Although Wiesen Czech Bank is not comparable to the Austro-Hungarian Bank, it can also be ranked in the top ten of the Austro-Hungarian Empire. Such a large bank is just like that.
　　 On the eve of the financial crisis, Vissen Czech Bank was ambitious and expanded its financial footprint. Then it was too painful to step forward, and it was too difficult to catch up with the financial crisis. The shareholders simply came to escape.
　　 quietly transferred part of the high-quality assets, and then suddenly declared bankruptcy, which gave the Austro-Hungarian Bank a hard blow.
　　 Austro-Hungary’s financial sector is now full of turmoil, and the trend of runs has begun to spread. The people seem to have lost confidence in the bank, and they have taken to the streets and lined up.
　　 The Austro-Hungarian government can't sit still anymore. While announcing that it will invest in salvation, it also appealed to the German financial community for help.
　　 Bankers have also begun to save themselves. Vickers first announced the suspension of loans, and then began a tearful sale, selling the assets of the Austro-Hungarian Bank in response to the credit crisis.
　　 After receiving the news from Ferdinand in Bulgaria, he knew it was time to close the net. The financial crisis of the Austro-Hungarian Empire was caused by the economic crisis that caused the people to lack confidence in the banks.
　　 When the Austro-Hungarian government reacts, the crisis of joining the salvation will almost pass. Besides, it is impossible for Germany to watch the financial collapse of Austria-Hungary. The economic ties between Germany and Austria are very tight. Unless they feel that Germany's economic crisis is not big enough, they must save Austria and Hungary.