Quantum Fund’s choice to withdraw
meant that the longs in the United States
subprime market had conceded in the
first phase of the decisive battle.
The battle between long and short sides
started thunderously and also ended
thunderously.
According to statistics procured afterward, the entire first phase of the decisive battle lasted less than 6 hours from the beginning to the end of a trading day.
However, for exactly 6 hours, the capital confrontation between the two parties had reached 100 billion US Dollars while the fluctuation of funds driven by radiation had even reached a trillion dollars in scale.
It was only a capital match between the two parties that lasted less than an hour but the wealth it evaporated was enough t o instantly develop a small African country with a population of hundreds of thousands.
The financial war was so excessive and
terrifying.
It started from the JW Foundation’s choice to launch an offensive on the subprime market without warning, to the so-called cooperation from some major states, to the flash collapse of the subprime market.
Then, Quantum Fund and Layman jointly
entered the market to rescue the market,
the market rebounded, and JW
Foundation retreated.
After that, JW Foundation launched a counterattack. The largest real estate. investment trust in the United States issued a divestment announcement, the market began to experience an avalanche, and Quantum Fund fell silent in the face o f the general trend because it could not fight back.
All this happened one after another.
Finally, the market became a carnival for
the short side.
At the same time, it was also a carnival for
JW Foundation.
“Yes! Yes! Yes! F*cking yes!”.
Even Baz, who was usually calm and
collected, jumped on his chair the
moment the market closed and swung his
suit jacket around, screaming wildly.
It was not only him, everyone was
cheering, celebrating, and hugging. They
were cheering for the victory in the first
phase.
Standing behind the glass of the command room, Jasper crossed his arms i n front of his chest as he watched his team cheering under him. He smiled softly and said, “These people have been suppressed for too long.”
Jake walked next to him and his eyes were shining with the same excited glint. He said, “However, Mr. Laine, this is just a victory in the first phase. The few major investment banks including Layman, the Feds, and the United States government have not taken any action yet. When that happens, it will represent the real challenge.”
Jasper replied calmly, “Since we can’t avoid the trouble that’s soon to come, we
should let them be happy while they can.
“Tell everyone that they’ll get an
additional half-year bonus. It’s to thank
everyone for their hard work.”
Jasper’s words caused Jake to beam
immediately.
Even with Jake’s current income, he was already pretty well-off. He could buy anything as long as he wanted to, but who would not want to work under a boss who was so considerate of his subordinates ?
Moreover, his men did not have his level o f income. If they got an additional half year bonus, based on the basic income they got in JW, it would be equivalent to giving everyone half a house. He was also very willing to see this.
“I’ll thank you on everyone’s behalf then, Mr. Laine.”
Jasper waved his hand and said, “You should go and celebrate with them. It’s closing time now so you should relax a little. Eat anything you want and have all the fun you want, but you can’t drink alcohol. After all, the next opening is less
than ten hours.
“I understand. Work is important.” After Jasper left the room, Conrad and
Henry walked toward Jasper.
“We’re going to prepare the plan.”
Conrad’s words caused Jasper to nod. He answered, “You guys should make the necessary preparations. Then, bide your time and wait for my announcement. If w e make it through tomorrow, the collapse of the subprime market will speed up, which will be followed by a real financial crisis. In this kind of crisis, Layman will b e the first sacrificial offering. When that time comes, it’ll be your time to shine.”
Conrad nodded in acknowledgment. He
said, “I understand, I’ll discuss the details
with Henry.”
“Hey, how dare you call me by my first
name…”
