Wealth and Cowardice in Three Hundred Years of the Song Dynasty

When others write about the Song Dynasty, they write about romance, talents and beauties. This book writes about the Song Dynasty and only calculates two of the coldest accounts: economic accounts and power accounts. In 960 AD, the Song Dynasty Company was listed on the backdoor in Chenqiaoyi. This is an extremely strange giant company: it created the most dazzling economic peak in the world at that time, but it was very picky about security expenses, and even regarded paying protection fees to nomads as a core national policy. Why is it that the most profitable dynasty has the weakest bones? Why did the prosperous age, which was the most tolerant to literati, face the most tragic ending of bankruptcy and liquidation in Yashan? This is not a boring chronicle, but a 319-year business and political financial report record. Here, the Chenqiao mutiny was a perfect private placement operation; the release of military power over a glass of wine was an equity recovery action that eliminated the need to kill the donkey; and the frustrating old currency was just a risk hedging tool bought at a premium by liberal arts students who governed the country. Tear off the fig leaf of the national filter and abandon the emotional and brainless cool articles. The migrant worker Yan Yulun will take you to use the perspective of modern logic and dimensionality reduction to take off the underpants of the Song Dynasty and see clearly how this cartilage empire, which is sitting on countless wealth but always kneeling for survival, operates. Believe it or not, this bad debt needs to be settled today.