Life at the Top
Life At The Top Chapter 1868
The first decision made by the Federal Reserve was to increase interest on savings and then to reduce the proportion of deposit reserves that commercial banks needed to pay to the central bank.
In order to ensure the security of savings, all banks would need to pay an amount the central bank based on the amount of savings they owned. This money was used to ensure that they could at least deal with large-scale withdrawals by customers.
The first of the two methods of the central bank was to reduce the proportion of savings customers withdrew. After all, with the interest rate increasing, holding money in the bank could generate more interest.
The second measure was to relieve the pressure on the bank.
However, at this time, the continued collapse of the subprime market caused the chain problem of overdue personal credit to escalate.
On the one hand, the bank had to face the customers who deposited their savings with them withdrawing money from the bank. On the other hand, all the money lent by the bank could not be recovered after the due date.
Therefore, the United States banking industry was in utter chaos.
Soon, the subprime mortgage crisis finally began to cross the border. It crossed from the financial world to the banking industry.
These two closely related and interdependent industries finally realized just how intimately interdependent they were.
With the large-scale shrinkage of real estate combined with overdue personal credit, the banking industry of the United States ushered in the cold winter.
And the initiator of all this, standing at the command center of Nauritus City at this moment, had already begun the next step of the plan.
“Secretly build positions in high-tech companies United States, such as Apple, Weresoft, Qualcomm, General, Amazon, and Oracle.”
Jasper gave orders to Jake and the team.
They had been in this financial war for so long and the difficulty of the process was beyond words, but now, Jasper had finally reached the harvest time he thought was appropriate.
“Affected by the subprime mortgage crisis, the entire United States stock market has fallen into a downturn, with negative trends over the past 20 consecutive trading days. Most of these companies stocks are now at historically low values. This is the best time for us to enter the market.”
Jasper took a deep breath and said with a serious expression, “The people of the United States had been ahead of us over the past few decades, and even centuries. Now, we finally have an opportunity to devour the accumulation of technology in the United States over the next 20 years. These companies are the real future.”
Jake was excited. As he was about to
speak, the team’s intelligence collector
reported an update.
“The United States Securities Regulatory
Commission announced the extension of a
n index futures settlement cycle. The
futures settlement originally scheduled
for tomorrow will be postponed to the end
of this month.”
Jake was taken aback when he heard the
words. Then, he yelled.
“Do those scoundrels from the United
States not want to keep their last trace of
dignity? Are they really that shameless?
“Back when Soros gathered harbor
stocks, the Harbor City government never
thought about adjusting the stock index
settlement cycle even when they were in
such a difficult period. If those guys from
the United States could defeat them, they
allowed to
but now these
are
settlement cycle were
was
example, delivery
were usually
time came, either you took
or the goods
Foundation invested
the United
trading, what they
index of the subprime
that the subprime
plummeted, Jasper had won.
to traditional reasoning,
now withdraw
and take away
to
shorted in this
cycle.
US Dollars. It was also profit that all of
was looking
paid so
such a huge risk, but
they after?
Wasn’t it still interests?
the
the United
if this
happened.
would be no
are you in such
and said to Jake, “It’s
have to settle
they want their entire
system to collapse.”
the United States shed all pretense
cordiality and made
settle, the United
financial credit
came to their
would take
the
players won,
over and refuse
stupidest gambler in
with such
digging their own
by the global
the United
No other country
the United
just a disgusting
eyes.
it then.
it once, but they can’t postpone
second time. We
original plan for
Jasper was talking, the phone
down and then walked to
office.
“This is Jasper.”
About Life at the Top - Life At The Top Chapter 1868
Life at the Top is the best current series of the author Cold Night. With the below Life At The Top Chapter 1868 content will make us lost in the world of love and hatred interchangeably, despite all the tricks to achieve the goal without any concern for the other half, and then regret. late. Please read chapter Life At The Top Chapter 1868 and update the next chapters of this series at novelebook.com