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?

States government to desperate measures, so they started to shed all pretense of cordiality and had flipped

what shall we do

asked

road to the national debt

a blockade order

impossible. Withdraw.”

at the Nasdaq

slightly and

by 2000

“Understand.”

received the order

Capital’s massive

the

and entered

index.

index of a stock market

the

of large

trading stock market.

to

Jasper had to do was smash

big stocks.

thing would be

normal times.

the collapse

brought

crisis made

impossible possible.

first ones to bear the brunt of

those listed companies that did

industries and

specialized in finance.

companies relied

financial market to survive.

financial market thrived,

of money, but they would

to die in

crash.

of JW Capital was the

proverbial camel’s

market, which was

huge decline, began to

after JW

its spearhead.

almost no

stocks on the

them were directly blocked off

list of decline.

a financial disaster

imagine

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 market but no buy

this, their sell

be traded.

only watch

price fall.

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