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?

Jasper obviously forced the United States government to desperate measures, so they started to shed all pretense of cordiality and had

shall we do now?”

asked

the

order

impossible. Withdraw.”

the Nasdaq

and said, “Smash

by 2000

“Understand.”

the order

massive

the treasury bond

entered the Nasdaq

index.

stock index of

on the

large

trading stock market.

other words, to short

had to do was

big stocks.

thing would be impossible

normal times.

the collapse of the

market brought

mortgage crisis

impossible possible.

bear the

listed companies that

physical industries and

specialized in finance.

companies relied

financial market to

financial market thrived, they

a lot of money, but they

die in such a stock

crash.

JW Capital

proverbial camel’s

market, which was

decline, began

after JW Capital

its spearhead.

was almost no resistance.

on the market plummeted,

were directly

list of decline.

a financial disaster

imagine unless

experienced it first-hand.

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 in the

of this, their sell orders could

be traded.

could only watch

price fall.

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