“In 13 seconds, the subprime market
crashed 22%!”
Jake screamed in a borderline croaking
voice, attracting everyone’s attention.
Immediately afterward, cheers almost
blew off the roof.
The 22% flash crash not only meant that
all of JW’s funds would not face the risk of
liquidation, but more importantly, it
directly penetrated the defensive line built
by the United States capital in the
subprime market.
Once you broke through the defensive
line, the rest of the subprime market was
like a woman that was stripped naked
such that you could do whatever you
wanted with her.
However, although Jasper had a smile on
his face as he watched Jake and the rest
cheering and jumping in joy, there was a
touch of melancholy and worry in the
deepest part of his eyes.
He knew very well that the current battle progress was paid for by the decades worth of savings had been accumulated by those elders in Harbor City.
Moreover, if the United States government or the Federal Reserve was determined to rescue the market at all costs, he might not even win even after sacrificing all of the resources from Harbor City.
Although at the end of his previous life,
the United States government and the Federal Reserve realized that the subprime mortgage crisis was a problem with the United States economic system itself and did not desperately rescue the market, the subprime mortgage crisis in the previous life only broke out because the contradictions accumulated to the point where they could not be suppressed anymore.
This time, it was blown up by him, a man from Somerland.
The cause was different, so the result.
might change.
He could not use his previous life’s
experience to determine what the United
States would do now.
At this moment, the situation in the
subprime market was still getting worse.
A 22% flash crash within 13 seconds. Even
financial practitioners from around the
world were so scared that goosebumps
started appearing on their skin, let alone
the investors in the subprime market.
Once upon a time, nobody could have
imagined that the local financial market i
n the United States would turn into a
crater blown up by the people of
Somerland.
This was completely unheard of in the
world, let alone in the United States’
financial market.
No matter how arrogant the financial
tycoons were, they dared not make such a
suicide attack.
However, facts were facts.
10 minutes after the flash crash, the
busiest individuals happened to be the
paramedics from emergency centers all around the world.
This was because a lot of long-term investors went bankrupt at this moment. Their hearts could not stand this pressure of this, so they fainted and were sent to the hospital.
The United States was in turmoil.
“The Twin Towers and the Pentagon were just bombed, and not long after, another explosion that had more serious consequences than the terrorist attack happened in the financial sector.”
In the office of the secretary of the Treasury of the United States, Hamilton sweated profusely while listening to the roar from the president of the United States.
