Everyone was very busy right now
because they were working together, so
Jasper ended the video call after guiding
them and making suggestions after
making sure everyone understood the
general plan.
At this time, the United States stock
market closed for the day. Today, the
subprime market collapsed drastically
Except for the United States government’s
announcement of the postponement of
the settlement date of the subprime
market stock index, everything else went
smoothly.
Meanwhile, the domestic stock market
had also opened.
There was no doubt that Soros vented all
the shame suffered by the United States
financial market today onto the domestic
stock market in Somerland in a retaliatory
manner.
Thus, the domestic stock market in
Somerland was hit hard again.
At one glance, it was all limit-down
stocks that had fallen by 10%.
The Somerland stock market had just
started, and it was still in its infancy, so
how could it withstand such devastation?
The whole market was full of grief and
there was an atmosphere of pessimism
and despair everywhere.
At least the stock market had a 10% limit
line to protect them, the most
exaggerated was the futures market.
Today, in addition to cotton futures, the
soybean and corn futures were also faced
with Soros’s offense.
However, unlike cotton futures, Soros
went long on these two products.
Only today, the price of soybean and corn
futures skyrocketed. Soybeans soared
from 3300 Somer Dollars per ton to 3900
Somer Dollars per ton, while corn futures
skyrocketed from 1500 Somer Dollars per
ton to an exaggerated 2200 Somer Dollars
per ton.
This single-day increase directly broke the historical record.
However, behind this was a huge
conspiracy propogated by Soros and
backed by the United States government.
After learning that Soros was going long o
n soybeans and corn, the first thing Jasper
thought of was the food war that took
place around 2007 before his
reincarnation.
At that time, the four major international
grain merchant groups attempted to
control domestic grain prices and
frantically increased the prices of main
grains, but at that time, Somergrain,
which had risen at the time, relied on its
reserves that were as deep as the sea to
forcibly beat the four major grain
merchant groups, that were controlled by
the capitalists, to the ground.
At present, Soros or the United States
government might not have plans to take
this same path.
Jasper immediately searched up the main
food prices in the current international
market.
Sure enough, this year’s food prices were
generally bullish. The prices of major products such as wheat and soybeans had increased by 20 % -40% since the previous year.
“Baz.”
Jasper called Baz into the office.
“Keep an eye on the price of food futures. Tomorrow is the weekend, so both the United States and our country will not trade. You and your team will need to work hard these two days to make a report on the trend of international food prices over the past year, as well as the degree and summary of capital participation of Wall Street on this commodity for me. The more detailed the better.”
Baz was taken aback. Although he did not understand the intention behind Jasper’s command, he nodded and answered, ” Okay, I understand, Mr. Laine.”
After that, Jasper gave no more orders.
He watched the prices of soybeans and corn, which were finally locked in a super high position, until the break, then sighed slightly.
After the wave of attacks today, it was unknown how many accounts would be liquidated and how much funds were evaporated in the country today.
He was not a god, so he could not handle everything. He was helpless in the face of these losses. Although it was unknown how many families had been destroyed behind these accounts, this was always the case with a financial war.
Even if there was no gunpowder, its cruelty was no less than in a real war.
Moreover, the same thing happened in the United States, where he was the instigator, so Jasper did not have the right to feel sad.
After trading closed today, the domestic financial community quickly responded to today’s market conditions.
Western capital’s long grain futures was something that no one would have imagined. Since there was no precaution, the losses were extremely heavy.
Everyone was counting how many accounts had been liquidated in the domestic futures market and how much money had evaporated from the stock market. They thought that this was just normal financial trading by Wall Street Capital and did not think whether there was a deeper meaning to it.
Just when all kinds of voices were raging,
a piece of gossip excited countless people.
The first Somerland Business and
Economic Forum hosted by Jasper, the
actual founder of the JW, would be held in
Waterhoof City Pearl Tower on Saturday.
Even the financial circle and the capital circle in the country right now were still i n their infancy, and they were imitating the ways of foreign countries in my things. To put it bluntly, they were in a barbaric era.
Therefore, when they heard the term ” economic forum’, most people were dumbfounded and did not understand what this forum meant.
However, this did not prevent it from giving a boost to everyone’s confidence..
Because it was said that this time, the
economic forum was mainly about domestic businessmen who were about to unite to fight against Wall Street capital in the west.
Most importantly, the government was also a part of it.
Furthermore, a big tree was a good shelter. In a sense, Jasper’s name had become the support pillar of countless people.
As long as Jasper was around, everything could be saved.
Regardless of how the outside world discussed and speculated, preparations for this economic forum, which was deliberately not kept confidential, had already begun.
On that day, Waterhoof City Airport was extremely busy. Furthermore, the attendance rate of VIPs on flights from all over the country was surprisingly high.
As a result, the communication between the pilot and the tower was, “Tower, let mi e land first, there is a VIP on board.”
“Your VIP’s status is n ot high enough, get in line. There are three VIPs with much higher statuses that are landing right now.”
The so-called VIP was the special treatment that airlines gave to certain distinguished and noble guests. Flights with these guests onboard could usually land and take off on time.
These flights heading to Waterhoof City today were all carrying VIPs who were celebrities in the business world.
A boss with a net worth of one hundred
million or two hundred million was not
eligible to participate.
All traffic within three kilometers of Pearl Tower was controlled. The Waterhoof City government personally organized security forces to enforce martial law on Pearl Tower, claiming that it was for equipment maintenance and repairs. Hence, people who come to sightsee would be prevented from getting close.
Moreover, the surrounding five-star hotels were all full. Luxury cars of all colors came forward in line. The event caused an enormous uproar, and all this was for a non-governmental economic forum that was going to be launched over ten hours later.
