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
on the other
became heavier. Then, Tony’s
should
to form a
use this force
core to confront Wall Street capital, otherwise, there is no
of a leader,”
in economics and finance, they are good at being generals, but none of them can be marshals. What they lack is experience of macro-confrontation with large funds in the market. If you choose the wrong person at
system, saying those words proved that the situation had reached
do it,” Jasper
12 hours o r so. This means that you have almost no time to
have done
to take on so many responsibilities too if it could be helped, but in the current situation,
words made Tony
“In other words, I
most
political background comes out to take the lead, then we run the risk of them not being familiar with private capital and being unable to integrate government and private
with a private capital background, the problem is even greater. Ability aside, the issue of insufficient prestige
the role. I have the prestige to unite civil and government forces, and I have enough experience. Therefore, I have
words struck
same time, he understood
was only doing this
helplessness.
be frank, the government was
same boat.
long been
become
chief, but considering
charge of the situation
the United States and could not leave
this opinion was
embarrassing
was really
qualified candidates.
had this ability did
prestige, while those who
did not have
most
Jasper.
of
“I see, I
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