Life at the Top
Life At The Top Chapter 1816
Before the two big bombs mentioned by Jasper appeared, the collapse of the subprime market in the United States took the lead in causing an uproar in the global financial community.
This time, not only the financial sector, even the governments of various countries around the world had begun to stand up.
As a global financial and economic center, once the United States fell into the quagmire of an economic crisis, it would cause a huge blow to the global financial industry.
Under such circumstances, the
announcement issued by the Federal
Reserve and the Department of the Treasury gave the market little
confidence, but it was still a drop in the bucket.
The 300 billion market rescue funds invested by the Federal Reserve before had all evaporated. Not only that, the points in the subprime market were still plunging drastically.
This scene caused countless people to
panic.
It was unknown how many investors and institutions had emptied all their possessions in this sudden crash. Moreover, they were even in huge debts. because of this.
One could see people’s assets such as cars, houses, and stocks being forcibly taken away by the court everywhere. Furthermore, one could see people
jumping off high-rise bridges to end their
painful life.
The economic crisis brought about by the collapse of the subprime market had affected all aspects of society.
The most terrifying chain reaction was that the decline in the subprime market had led to a full-scale decline in the United States futures and securities stock market.
The stock price of listed companies continued to fall and investors in the market lost their money. Furthermore listed companies were unable to obtain funds from the stock market for corporate
development. As a result, countless companies began to lay off employees and shut down factories, and some even went bankrupt.
Therefore, people who had lost their jobs
were looking for new jobs while facing
huge debt pressure at the same time.
The direct result of this was that a large.
number of people began to take to the
streets to demonstrate.
blaming the government for being incompetent and some were blaming the rich for making all the money, causing them to be unable to put food on
Under tremendous economic pressure,
social, and class
the United States began
appearance one by one.
was exactly what Jasper had seen in
had intensified the hatred of people in the United States
Somerland immigrants and the United States citizens broke out everywhere. On even more serious occasions, tanned -skinned Terrans had even become the targets of their attacks, and the first to bear the
did the collapse of the subprime market evaporate countless amounts of wealth in the
power of
the chaos in the United States will
Kayden, who wast sitting in the middle, turned to ask his father, Half-the-Harbor Langdon,
still wore
iconic tortoiseshell, black-rimmed
“It has
would it
demonstrator on the
road holding a banner stating
to work, we
with a
this period, many
over the countryl
looted, and
to be equipped with
out.
brainless?
them, it will
of grass today and two sips of water yesterday, but they never care about the wool that farmers shear from their bodies every
expect them to suddenly come to a realization one day. If that day comes, it
be honest, until the thing actually happened right before m y eyes, I didn’t want to admit that the rascal who is a few years younger than me could do this. Now, I have to admit, I’m
of this.” Half -the-Harbor Langdon took off his glasses and said in satisfaction, “Never think that you are the smartest one. Only idiots will have that
indeed very good, and his ability i s beyond doubt,
sullenly. For
arrogance he had
different
flaunted as
very bones. On the
was gentle and
sense of superiority
stronger than anyone else’s.
of this that it was
him to
better than him.
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