Life at the Top
Life At The Top Chapter 1992
Arriving at the command center, Jasper had the data projected on the large screen. His brows remained furrowed the moment he saw the horrifying drop of the Harbor Stock Market index.
“All transaction quantities have shrunk. Now, t’s just retail investors trying to flee. The shorts are continuing to hammer the market and there’s no one who dares to stand forth and rescue the market. That’s why the transaction quantities are so small, and the market index keeps crashing.”
Jake said cautiously beside Jasper, “Mr. Laine, if this keeps going, Harbor Stocks will be broken by the end of today. This will result in a huge loss on Harbor Stock’s economy.”
Jasper asked grimly, “How much loss do Harbor Stocks have to suffer to affect Harbor Dollar’s exchange rate?”
“Thanks to your previous support, Harbor Stocks market index has been maintaining at around 9200 points these days. After dropping 800 points when the market opened, we’re left with 8400 points. According to my analysis, the moment the market index drops below. 8000 points, there will be a huge fluctuation in Harbor Dollar’s exchange. rate.”
Jasper frowned, his expression extremely heavy.
“Harbor Stocks and Harbor Dollar’s exchange rate are closely connected. The moment Harbor Dollar’s exchange rate fluctuates, Harbor City’s economy will surely suffer a great blow as well. By then, the country’s government will have no choice but to stabilize Harbor Dollar’s exchange rate with foreign exchange.”
“If that happens, pressure will be shifted t o Somer Dollar’s exchange rate. What a way to kill two birds with one stone,” Jasper muttered to himself.
“That’s what our analysis team predicted as well,” Jake said.
“We’re defending the market,” Jasper said.
Jake immediately replied, “Mr. Laine, the moment we transfer funds into Harbor Stocks to defend the market, our domestic funds will be the ones put under great pressure. This will continue unless we think of a way to pull our funds out of the United States.”
“That’s impossible. The United States Government will not let us take our funds out at such a time,” Jasper shook his head and replied.
“Mr. Laine, you must be rational now. It won’t be easy defending the market, and what if this is a trap Quantum Funds set for us? What if he’s waiting for us to transfer our funds to Harbor Stocks, so he can attack domestic class A shares?”
Jasper replied, “That’s just speculation, w e don’t know for sure. This is Soros’ true motive. We don’t have enough funds, so it’ll be extremely difficult for us to defend one market.”
“We’ll be put in a precarious position if w e face attacks from both ends. If we choose to defend Harbor Stocks, we won’t be able to defend domestic class A shares. If
choose to defend domestic class A shares, then Harbor Stocks
was t o inform Jasper of the advantages and
moment,
rang.
read the number and told Jake, “Let me think for a moment,
walked out,
call.
me, Old Master
call
far away in Harbor
tone, Old Master Law sounded extremely
was speechless. Now was hardly the time for
not dare to act out of line before Old Master Law.
you well,
“I’m very well.”
seemed to be in a good
so I’m calling you just to tell you something. It’s nothing
do, Old Master Law. I’m listening,” Jasper
influence. But now, every single move you make must be made with the larger picture in mind. Your influence has grown
cannot give me or the other rich families of
before. Let go when you have to
the people here we’re losing. But if you lose, then it’s the
Master Law had
it felt like he
listened carefully, his
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Life At The Top Chapter 1992 novel Life at the Top