Life at The Top novel Chapter 1858

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

judgment of the economic situation.”

The breathing on the other end of the

phone became heavier. Then, Tony’s tired

voice sounded, “What should I do now?”

“Organize the power to form a defensive

counterattack. We must use this force as

the core to confront Wall Street capital, otherwise, there is no chance of winning,” Jasper said.

“The problem now is the lack of a leader,” Tony said in embarrassment.

“Although we have also cultivated a lot of talents 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 this time, it will be impossible to recover.”

For someone like Tony who was so high u p in this system, saying those words proved that the situation had reached an extremely critical point.

“I’ll do it,” Jasper said softly.

Tony got excited, but immediately said, ” No, you have to keep an eye on the United States market. The time difference. between the two sides is exactly 12 hours o r so. This means that you have almost no time to rest. You won’t be able to take this on even if you’re made from iron.

“You have done enough this time.”

Jasper smiled bitterly, “Mr. Pratt, I don’t want to take on so many responsibilities too if it could be helped, but in the current situation, can anyone else volunteer except for me?”

These words made Tony speechless.

Jasper then said, “In other words, I am

actually the most suitable person.

“If someone with a 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 forces. We are already at a disadvantage in terms of capital, if we run into problems again, what are our chances of winning?

“And if you are looking for a person with a private capital background, the problem is even greater. Ability aside, the issue of insufficient prestige is fatal.

“Hence, only I am suitable for the role. I have the prestige to unite civil and government forces, and I have enough experience. Therefore, I have to volunteer right now.

Jasper’s words struck Tony’s heart.

At the same time, he understood that