The impact of the futures market crash on the real economy was definitely ten times greater and ten times faster than the stock market crash.
It could be said that when the influence of this 30% drop in cotton prices took effect, the entire cotton industry would collapse completely this year.
The collapse of the cotton market would affect a series of downstream industries such as textiles, garments, and weaving. B y then, it would cause a devastating blow t o the entire industrial chain.
At this moment, the morning trading ended, and the trading was closed at noon.
Jasper walked into his office without a
word.
In the office, Jasper reviewed his general trading process in the United States as well as all of Wall Street capital’s moves i n the domestic market today.
Finally, he sighed deeply.
Then he picked up the phone and called
Tony.
This time, the phone rang for a long time
before connecting.
“Mr. Pratt, I watched the entire operation
of Wall Street capital in the morning and
concluded that our previous estimates
were probably too optimistic.
“We have ignored the power of Wall
Street capital and their proficiency in
attacking other countries’ economies.
Most importantly, we had forgotten the
futures market.
“After my review, I came to a frustrating
conclusion. Comparing my actions in the
United States to theirs’ in ours, we are at a
disadvantage in terms of economic
strength, technical operations, and
of the economic
breathing on the other
heavier. Then, Tony’s
sounded, “What should
power to
We must use
confront Wall Street capital, otherwise,
of a leader,” Tony said
none of them can be marshals. What they lack is experience of macro-confrontation with large funds in the market. If
Tony who was so high u p in this system, saying those words
do it,” Jasper said
The time difference. between the two sides is exactly 12 hours o r so.
have done
to take on so many responsibilities too if it could be helped, but in the current situation, can anyone else
made
“In other
the most
with private capital and being unable to integrate government and private forces. We are already at a disadvantage in terms of capital, if
a person with a private capital background, the problem is even greater. Ability aside, the
role. I have the prestige to unite civil and government forces, and I
struck
time, he
was only doing this out
helplessness.
the
same boat.
long been
become
chief, but considering
now in charge of the
the United States and
this opinion
embarrassing was that
was
qualified candidates.
this
prestige, while those who had
did not
most suitable candidate
Jasper.
few minutes of
voice, “I see,
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