The world's richest man: I am a stock god

Under tremendous economic pressure, the official response speed of the U.S. government in Washington was astonishing.

Just three hours after the market opened, when the exchange rate of the U.S. dollar against gold had fallen by 0 percentage points, the official U.S. Treasury Department issued an announcement.

"In the next 30 delivery cycles, the U.S. Federal Reserve's central bank vault will release more than 800 tons of national reserve gold to stabilize the current huge fluctuations in the U.S. dollar-gold exchange rate."

"The overall interest rate on the 20-year Treasury bonds that are about to mature will be increased by 5%."

"Thirty trading days before the maturity of the national debt, the national debt enters the blockade period, and trading of the national debt is not allowed during the blockade period."

These three temporarily promulgated bills made Li Jin frown.

"The first and second items are still normal economic control policies, but about the third item, they are just trying to cheat?"

Most countries will not use political power to influence the economy unless they have to.

Because it's too damaging to one's character.

Once there is a precedent, who will dare to play with your country’s financial market in the future?

Your officials throw out policies at every turn and flip the table without following the rules. Who can handle this?

But the American officials were obviously driven into a panic by Li Jin. They started to show their displeasure and overturned the table.

"Mr. Li, what should we do now?" Jack Chen asked.

"The road to national debt is blocked. A blockade order makes all operations impossible. Get out."

Li Jin looked at the Nasdaq index, thought for a moment and then said: "Today, the Nasdaq will lose 2000 points."

"Yes."

Jack Chen took the order and left.

Jinqing Capital's massive funds were instantly withdrawn from the government bond trading market and entered the Nasdaq stock index.

The stock index of a stock market is calculated based on the proportion of a certain number of large stocks in the trading stock market.

In other words, to short-sell the stock index, all Li Jin has to do is to sell all these big stocks.

Normally, this would be impossible.

But the collapse of the entire financial market caused by the subprime mortgage crisis made the impossible possible.

The first to bear the brunt are those listed companies that have no real industry and specialize in finance.

These companies rely on the financial market to survive. If the financial market improves, they will make a lot of money. However, in such a stock market crash, they will be the first to die.

The arrival of Jinqing Capital was the last straw for them.

The Nasdaq market, which was already experiencing a huge decline, began to collapse immediately after Jinqing Capital changed its direction.

There was almost no resistance. 60% of the stocks on the market plummeted, and 20% of them directly closed the decline list.

This is the kind of financial apocalypse you would never imagine if you hadn’t experienced it yourself.

Those investors who hold the stocks of these companies want to sell, but the prices are falling every minute. There are only a large number of selling transactions in the market, and there are no buying transactions.

Therefore, their selling orders cannot be successfully traded.

All you can do is watch the stock price fall.

Then it fell below the market.

Helensell Investment Company is a financial company that has become famous on Wall Street in recent years. It relies on a group of professional salesmen to make a fortune by recommending junk stocks to investors who do not understand stocks.

For normal stocks, if they are traded, they can get a commission of 2%, but for junk stocks that no one cares about, the commission can reach 20%.

Under such crazy profits, Helensell has risen rapidly in just a few years, and its boss Sespin also relied on this company to become rich and free instantly. He bought a villa and a luxury car, and entered the upper class of the United States. class.

Not only him, but all his salesmen have made a fortune, and everyone has become a veritable Wall Street elite.

Wearing expensive suits, carrying briefcases, computers and cups of coffee, they live a more comfortable life than 99% of people in the world.

But after the stock market crash, all stocks became junk stocks, no one was willing to invest anymore, and the company quickly fell into operating difficulties.

Sespin mortgaged all his property in order to save the company, but today, his company was directly blocked on the decline board.

This means that all of his company's property has been lost.

And he personally has to bear huge debts. He went from a rich man who went out to take helicopters and lived in a mansion at home to a bankrupt poor man.

Unable to accept the blow, Sespin walked up to the office building. He wanted to end his life quietly, but found that there were already people on the rooftop of the building where he was and on the rooftop of the opposite building with the same purpose as him. here.

In the cold wind, these poor bankrupt people who had never met each other looked at each other, and then each made the same choice...

Life and layoffs have become the main theme on Wall Street.

Even on Wall Street, the most popular vehicles on the streets are no longer the luxury cars of the past, but ambulances.

Almost every hour someone makes a life decision.

And below, those employees who had lost everything after being laid off were walking numbly on the road holding their personal belongings. They didn't know where the future was, and they didn't know whether they could find a job again to pay off their monthly bills.

The entire U.S. financial market has fallen into huge chaos and difficulty.

Just when Wall Street fell into great despair, the Federal Reserve took action again.

This time, their actions were simple and crude.

"$8000 billion bailout plan."

The Federal Reserve and the Central Bank began to enter the Nasdaq and Dow Jones New York trading markets with massive funds, and began to save those listed companies on the verge of extinction.

And this rescue plan, announced personally by the head of the U.S. executive in a nationally televised speech, is like a shot in the arm, injecting huge power into the U.S. financial market.

The market prices of the three major exchanges have miraculously stabilized.

"Mr. Li, there is great pressure from the bulls. Not only the US$8000 billion from the Federal Reserve and the Central Bank, but also capital from other developed countries has come in. They seem to be planning to take advantage of the current low stock price to acquire some important companies in the United States."

Jack Chen's words made Li Jin frown deeply.

"Here come the peach pickers."