Yes, bankruptcy.
The nature of the Dragon Horse Guard was equivalent to that of a government enterprise.
It bred war horses for the court, primarily supplying three sectors: the army, the Daoist Academy, and the royal family (purchased through imperial merchants, individuals breeding horses for leisure were relatively rare, mainly participating in various competitions and ceremonial sacrifices).
Princess You Ruo's private sponsorship did not need to be repaid and was not considered a debt, as he had not even written an IOU.
But the materials requisitioned from the Seven Islands by Chongming Prefecture were not supplied for free. The Dragon Horse Guard needed to repay them the following year!
Additionally, the increased labor costs, expanded site materials, and the soon-to-be-laid Ksitigarbha Returning Origin Array... The Dragon Horse Guard could now be said to be heavily debt-ridden!
