Life at The Top novel Chapter 1820

Didn’t they know that once this kind of thing spread out, it would have a huge negative impact on foreign investment?

However, even though the negative impact on the mainland had been felt yet, the negative impact of this incident on him has been far-reaching.

For example, he could not go back to either the mainland or Harbor City.

“We will only have the capital to force Swallow Capital to compromise if we acquire Layman. They need our reputation and the benefits that the bank can bring. Once this benefit is greater than that which Jasper can offer, then Swallow Capital will immediately side with us. Make an appointment with Dugg. Tell him I will invite him to have tea tomorrow. afternoon.”

“Okay.” Kayden nodded heavily and said i n a deep voice.

Just as the Langdon father and son concluded their negotiations with Layman, the subprime market also officially closed for the day.

“The United States subprime market

crashed today. The entire first half of the

trading day was calm, and, due to various

positive factors, the market even regained

some of the points lost in the previous

trading day during the turbulence.

However, the moment the market opened

on the second half of the trading day,

there was a 22% flash crash. In the end,

the subprime market closed with a daily

drop of 38%.

“Not only did the United States stock

exchange market have the largest single

day decline, but due to the collapse of the

subprime market, United States stock and

futures markets fell across the board.

“According to our financial analysts’

calculations, more than 130,000 accounts

of the United States investors were

liquidated in just one day, and the

evaporation of wealth reached an

appalling 400 billion US Dollars.

“Through economic observations, we can

now basically determine that this

economic crisis caused by excessive credit

in the United States real estate market has

taken shape. As for what serious

consequences it will cause, how severe the United States’ economic losses will be, and what impact the economic crisis that occurred in the United States will have on the global economy, let’s welcome the chief commentator…”

Outside the command room in Nauritus City Trading Center, everyone cheered thunderously at this moment.