Life at the Top

Life At The Top Chapter 1847

Under the huge economic pressure, speed

of response of the officials in Washington

of the United States was amazing.

Just three hours after the opening, when

the exchange rate of the US Dollar to gold

had fallen by 0.3%, the United States

Department of the Treasury issued an

announcement.

“Within the next 30 delivery cycles, the

United States Federal Reserve Treasury

will release more than 800 tons of

national reserve gold to stabilize the

current US Dollar to gold exchange rate,

which is currently experiencing huge

fluctuations.

“The overall interest rate of the 20-year

treasury bond that is about to mature has

been raised by 5%.

“In the 30 trading days before the

maturity of the treasury bond, the bonds

will enter a blockade period and will not be tradeable.”

These three provisional bills made Jasper

frown.

“The first and second ones are still normal economic control policies, but are they going to play dumb with the third one?”

Normally, countries would not use political power to influence the economy unless it was a last resort.

This was because it looked bad in terms of

moral standing.

Who would dare to engage in your

country’s financial market in the future if

there was such a precedent?

Your government would throw out new

policies at every turn and flip the table

without abiding by the rules. Who would

dare to risk this?

forced the United States government to desperate measures, so they started to

Laine, what shall

asked

the

a blockade order makes

impossible. Withdraw.”

the Nasdaq

and

by 2000

“Understand.”

received the order and

massive funds

the treasury

entered

index.

of a stock market

based on the proportion of

of large stocks

trading stock market.

other words, to short

had to do was smash

big stocks.

a thing would be

normal times.

the collapse

market brought about by

crisis made

impossible possible.

bear the brunt

companies that

physical industries

specialized in finance.

relied on sucking

the financial market

market thrived, they

lot of money,

first to die in

crash.

arrival of JW

proverbial camel’s

Nasdaq market, which

huge decline,

after JW Capital

its spearhead.

was almost no

stocks on the market plummeted,

were directly blocked

list of decline.

a financial disaster

never imagine unless

experienced it first-hand.

stockholders who held the stocks of these companies wanted to sell, but the price was falling every minute and every second. There were only massive selling orders

this, their sell orders

be traded.

only watch the

price fall.

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