Switch Mode

Life at the Top Chapter 182

While the market was put on hold for lunch break, it gave a breather to every person in Harbor City who had been shrouded by gloomy clouds.

Just then, people suddenly realized that this storm had not come without warning.

In the United States across the ocean, a similar situation was occurring.

The entire dot-com bubble was being popped worldwide.

It had originated from the United States and slowly spread to Europe and Terra. Sweeping across the entire world, every stock market in every country and region was affected.

Everyone who entered the stock market with high prices now had to pay a tragic price for their impulsive decisions.

Almost one trillion US Dollars had been lost in the global stock market on the first trading day the bubble popped.

A flood of reports had brought the latest news to citizens of Harbor City, and the readers felt their scalps tingle in fear.

Harbor City had not fully recovered from the financial tsunami attack three years ago, and here they were with the popping of the dot-com bubble. Countless people had grown gray hairs overnight because of this.

With such unprecedented chaos happening in the background, all sorts of monsters and devils began to lurk.

Some so-called stock review experts on the economic channels were frantically advocating how the current crisis was merely a temporary adjustment and that everyone should hold their defenses so that they would not spread and create more panic…

As if anyone was willing to listen to them at this point.

Watching the stock prices drop by the minute and names of shares lining up at the limit down, everyone was worried that they would lose the money they had invested into the market. People were gloomy and they began to think of how they could extract themselves from the situation.

No matter how the outside world thought of and understood the situation, Jasper followed Zachary and Michael back to the living room that was their battleground after lunch.

“Say, Uncle Law, if Harbor City’s economy really faces irreversible losses, will the rich families of Harbor City save the city?” Jasper asked.

Zachary replied without hesitation, “Yes, or at least, most of us will. It’s just like the economic crisis three years ago. Most of Harbor City’s rich businessmen teamed up to defend against the invasion of western investors.

“Harbor City is our home, after all, and no one is excluded. If Harbor City’s economy is destroyed, then we rich families will also have nothing to rely on. Balancing the pros and cons, I think most people would be able to tell which is more important.”

Zachary’s words had given Jasper something to think about.

“Let’s see how it goes first.” Jasper sighed.

Despite Zachary promising him, Jasper could not help but think that there was more to this incident.

If the mysterious force’s target was Harbor City’s economy, then it did not make sense for them to ignore the strength of Harbor City’s wealthy families.

The biggest problem now was that the enemy was in the dark. Jasper did not have enough leads to go on.

However, Jasper had his advantages as well. His biggest one being the same as his opponents—a hidden identity. His only solace was that his opponent did not know enough about himself either.

That afternoon, the market opened again on time.

Just as Jasper had expected, after the short lunch break, bullish funds were gathered together and the battle began to focus on a few representative stocks.

Since it had just been a few minutes since the market reopened, both sides were still trading back and forth.

Such had given countless investors hope and reignited their trust in the market.

However, people in the industry, like Jasper, knew that this was merely a ray of light before death befell.

As expected, ten minutes after the market reopened, there seemed to be no end to the funds from the short position. The bullish people could not hold it up anymore and their line of defense fell again.

This time, it was a rapid drop.

The Hansel Index had instantly fallen by 500 points.

Steady flowing water in a river had suddenly turned into a waterfall that plummeted off the cliff. It sprayed everywhere like an avalanche, and no one could stop the attack from the short position.

“The market crashed!”

Jasper suddenly spoke, staring at the spectacular sight of pure, tragic green on the screen. Almost every stock was dropping.

Life at the Top Chapter 182

Life at the Top Chapter 182

While the market was put on hold for lunch break, it gave a breather to every person in Harbor City who had been shrouded by gloomy clouds. Just then, people suddenly realized that this storm had not come without warning. In the United States across the ocean, a similar situation was occurring. The entire dot-com bubble was being popped worldwide. It had originated from the United States and slowly spread to Europe and Terra. Sweeping across the entire world, every stock market in every country and region was affected. Everyone who entered the stock market with high prices now had to pay a tragic price for their impulsive decisions. Almost one trillion US Dollars had been lost in the global stock market on the first trading day the bubble popped. A flood of reports had brought the latest news to citizens of Harbor City, and the readers felt their scalps tingle in fear. Harbor City had not fully recovered from the financial tsunami attack three years ago, and here they were with the popping of the dot-com bubble. Countless people had grown gray hairs overnight because of this. With such unprecedented chaos happening in the background, all sorts of monsters and devils began to lurk. Some so-called stock review experts on the economic channels were frantically advocating how the current crisis was merely a temporary adjustment and that everyone should hold their defenses so that they would not spread and create more panic… As if anyone was willing to listen to them at this point. Watching the stock prices drop by the minute and names of shares lining up at the limit down, everyone was worried that they would lose the money they had invested into the market. People were gloomy and they began to think of how they could extract themselves from the situation. No matter how the outside world thought of and understood the situation, Jasper followed Zachary and Michael back to the living room that was their battleground after lunch. “Say, Uncle Law, if Harbor City’s economy really faces irreversible losses, will the rich families of Harbor City save the city?” Jasper asked. Zachary replied without hesitation, “Yes, or at least, most of us will. It’s just like the economic crisis three years ago. Most of Harbor City’s rich businessmen teamed up to defend against the invasion of western investors. “Harbor City is our home, after all, and no one is excluded. If Harbor City’s economy is destroyed, then we rich families will also have nothing to rely on. Balancing the pros and cons, I think most people would be able to tell which is more important.” Zachary’s words had given Jasper something to think about. “Let’s see how it goes first.” Jasper sighed. Despite Zachary promising him, Jasper could not help but think that there was more to this incident. If the mysterious force’s target was Harbor City’s economy, then it did not make sense for them to ignore the strength of Harbor City’s wealthy families. The biggest problem now was that the enemy was in the dark. Jasper did not have enough leads to go on. However, Jasper had his advantages as well. His biggest one being the same as his opponents—a hidden identity. His only solace was that his opponent did not know enough about himself either. That afternoon, the market opened again on time. Just as Jasper had expected, after the short lunch break, bullish funds were gathered together and the battle began to focus on a few representative stocks. Since it had just been a few minutes since the market reopened, both sides were still trading back and forth. Such had given countless investors hope and reignited their trust in the market. However, people in the industry, like Jasper, knew that this was merely a ray of light before death befell. As expected, ten minutes after the market reopened, there seemed to be no end to the funds from the short position. The bullish people could not hold it up anymore and their line of defense fell again. This time, it was a rapid drop. The Hansel Index had instantly fallen by 500 points. Steady flowing water in a river had suddenly turned into a waterfall that plummeted off the cliff. It sprayed everywhere like an avalanche, and no one could stop the attack from the short position. “The market crashed!” Jasper suddenly spoke, staring at the spectacular sight of pure, tragic green on the screen. Almost every stock was dropping.

Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Options

not work with dark mode
Reset