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 shed all pretense

shall we

asked

road to the national debt

order

impossible. Withdraw.”

at the Nasdaq Index.

pondered slightly and said,

2000 points

“Understand.”

received the order and

massive

from the treasury

entered

index.

index of

based on the

large

trading stock market.

other words, to short the stock

do was smash all

big stocks.

thing would be

normal times.

collapse of the

market brought about

mortgage crisis made

impossible possible.

first ones to bear

companies that

industries

specialized in finance.

companies relied on

financial market

market thrived,

lot of money,

die in such a stock

crash.

of JW Capital was

proverbial camel’s

market, which

huge decline,

JW

its spearhead.

no resistance. 60%

the market

were

list of decline.

was a financial disaster that

imagine unless

experienced it first-hand.

falling every minute and every second. There were only massive selling orders in the

of this, their sell

be traded.

only

price fall.

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