Life at The Top novel Chapter 1960

What were the people in the United States

most afraid of now?

Their biggest fear thing was that Jasper

would make a wild profit of 210 billion US

Dollars in the subprime market and then

leave with this profit that was enough to

cause a global sensation.

It was like Jasper was a player on the

gaming table of someone from the United

States. No matter how many chips Jasper

won at the gaming table, as long as Jasper

was still seated at the table and the game

was not over, this matter was not

conclusive.

However, if Jasper stood up and walked

away with his chips, then it would be all

over.

Once such a thing happened, the United

States, as the world’s largest economic

power and the country that laid down

modern economic laws, would be left

humiliated.

This was not merely about the 210 billion

US Dollar. The United States, as the global

economic hegemon, would not allow this

kind of humiliation to happen in front of everyone.

So, Jasper did not intend to provoke the

United States on this. He would not

stimulate its already sensitive and

famished nerves that were equivalent to a

forty-year-old widow.

After all, if the United States decided to

throw everything away and act like a

hooligan, then Jasper would be the one

who would suffer.

Hence, Jasper’s choice was to use a

mortgage to exchange the profits won on

the subprime market without losing out of

n the financial stock market, which would

allow him to continue playing this game.

It was like Jasper had won a big ticket in

Baccarat, and as the dealer, the United

States already had a very unpleasant

expression on its face but still held back

their anger and did not flip the table on

him. Now, Jasper did not leave, but

instead, he just used his winning chips to

play Blackjack, so the United States was

still cool with this.

Although the two sides did not have any

communication and negotiation, or rather, they did not even have any basic

communication, Jasper, as the biggest player, and the United States, as the dealer, still maintained a certain tacit agreement in front of the basic rules.

Therefore, as per Jasper’s instructions, the process of Jake entrusting the legal team in the United States to go through the mortgage procedures went smoothly. Even the United States functional agency, which had always been known for its inefficiency, hurriedly handled the application from JW Foundation.

Both parties were like old men and women who already had countless affairs. With just one look, they managed to finish all the procedures without saying a word.

Half an hour after the opening, all the procedures were done.

JW Foundation was like a greedy and hungry lion. It jumped from the financial stock market to the subprime market, and after killing everything in its way and overturning the entire subprime market, i t returned with generous spoils.

They were shorting and they were shorting in huge amounts!

When JW Foundation began to short the top 50 listed companies in the United States, the stock market was full of grief.

“The Dow Jones Index fell by 759 points and is currently encountering a support level of 26001 points. The Nasdaq Index fell by 1119 points and encountered an integer mark of 20000 points. The rebound sentiment in the two markets is serious. With the support of strong support points, our resistance to the short selling is very high.”

Standing in front of Jasper, Jake said with a worried face, “The rebound we estimated before has begun to take place. The current position should be the market’s defensive point. It will be very difficult if you want to continue to attack. Mr. Laine, do you want to hold it on now?”

stock.

Also, under the premise of the financial

crisis, the stock value of the financial

market and those high-quality companies

were generally lower than their actual

value. If the man who was good at making

long-term investments and was as stable

as an old dog did not do anything, then it

would be strange.

“Mr. Laine…”

As soon as Jake came in, Jasper said, “I

know. Just let them do whatever they

want.

“These people are crocodiles wandering i

n the international capital market and

they will appear wherever there is the

smell of blood.

“In the United States financial market,

most of the valuable listed companies

now have their stock prices critically

lower than their actual price. Will these

guys miss out on this opportunity to make

a fortune?

“Whether it is our follow-up suppression

or the self-rescue measures of these

companies in the future, after the

financial crisis, these listed companies would inevitably be the first batch to restore the high-quality characteristics of their stock prices and allow their holders t o make a fortune. Unfortunately, we can’t do anything to them at this moment.”

“But we’re shorting and they’re buying, which is equivalent to standing on the opposite side of us!” Jake said, feeling a little pissed.

“We’re not kids playing house. They will naturally pounce if there are benefits. It doesn’t matter if they’re buying or shorting, it’s all for profit. Now that there will be profit if they’re buying, then, of course, they will buy. This has nothing to do with standpoint, only profit. Plus, we don’t even need to investigate it. The background of international hot money is too complicated and confusing, so there is no way to find out more.

“Continue to go short. Today is the first trading day, so it will have a great guiding effect on the market. Today’s record will determine the confidence of the entire market over the next week, so we have to break them down. Even we have to buy these stocks, let alone this hot money.”