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?”