American Legendary Life

Chapter 616 Manipulating the Market

As the president of the United States, Roosevelt has always been very tight on time, so he left without even eating after the meeting.

But when the bastard left, he took away half a bottle of brandy, and shook it triumphantly: "Thank you for the wine, I am very satisfied."

"Go to hell, bastard!" Li Zitao laughed and cursed as he watched him leave the restaurant.

"Sir, do you need to serve?" The waiter came over and asked.

"No need...bring it to the room." Roosevelt left, and Li Zitao was not in the mood to eat here alone. It would be better to go back and eat with his wife.

It was just Roosevelt's previous warning that made the smile on his face stiff.

Li Zitao wanted to forget the flaw caused by his skin color, but he couldn't forget it, because whenever he wanted to do something, someone would come out to remind him.

What seems normal to others is all kinds of conspiracies to him.

Well, Li Zitao admits that this action is a bit big, and it is not purely for Hualian employees. After all, no employee has such weight.

But in the end, he still wanted to take the opportunity to make a fortune, and it had nothing to do with other conspiracy.

Perhaps his actions will affect the current situation, causing certain events to happen earlier or end.

But in his opinion, this is a good thing. It really made the frenzied little RB get ready to support the war with war.

...

...

With Roosevelt's assurance and warning, Li Zitao stayed at the hotel and waited for the news, but Wall Street was in turmoil.

"The Japanese economic system is facing collapse. The cabinet ordered the use of the central bank's reserve gold to maintain it. Its fiscal deficit exceeded 6.9 percent..."

"Japan's social economy is about to collapse. Their debts are as high as 200 billion. They will definitely deny them. Those bonds will soon become garbage..."

"They are no longer able to fight wars, and those dwarves even started to grow vegetables on the land they felled. Are they pigs?"

"I knew that the damn pig wanted to play tricks, and I knew, quickly throw away the bonds in my hand..."

"Huaguo is planning a big war to drive them back to the island in one fell swoop, while the Japanese are still growing vegetables."

"FK, if this continues, these bonds will really become waste paper, sell them, sell them now..."

Before the internet, all transactions were done by people, phones and computers.

And all of this takes a lot of time, which breeds a lot of insider trading and lies, and the entire market is full of scams and frauds.

Just like the news appearing in the market now, it wants to prove whether the Japanese economy will collapse, and whether the cabinet has ordered the use of reserve gold.

None of this can be accomplished in the short term, and no one dares to take such risks if they want to wait until then to respond.

As for whether the debt of up to 200 billion is reasonable or not, people will spontaneously find a "reasonable" explanation for it in an atmosphere of inflammatory fanaticism.

Those who have the ability to know the inside story immediately realized that someone was manipulating the market, so they immediately joined in to see if they could get a share of the action.

Trading on Wall Street is a game of 'we are all stupid', you are stupid, I am stupid, and then everyone plays stupid together.

When enough profits are obtained, the last one to take over will be the real fool. As for who it is, it depends on whose means are better.

Of course, after Roosevelt came to power, financial regulation came into play.

Manipulating the market with lies is risky, but Goldman Sachs is willing to take this risk. This cake is getting bigger and bigger by Li Zitao, and they have no way out now.

"Japan's JR bond is $20,000..." the trader shouted loudly holding a small book.

"14,000."

"14,500."

"15,000."

The sound of snapping up immediately sounded around, and the trader immediately made a decision: "It's yours."

As the only country in East Asia that has stepped into modernization, the Japanese debt is still quite strong at this time.

Coupled with the previous easy victory,

The buyer excitedly sent the news back to the company, and what he received was a scolding: "Get rid of that damned garbage, right now, quickly..."

So the 20,000 bonds I just bought turned around and appeared on the market again, still at a lower price.

At the same time, new bonds appeared in the market, faster and faster, in larger amounts, and with higher frequency.

The $20,000 bond fell to $5,000 in the end. Everyone who received the order was lucky and hoped that this was the last wave.

But when the bonds in the market are sold out, there will be new selling orders immediately, triggering a new round of selling.

A large amount of Japanese debt began to appear in the secondary market, and various city bonds and corporate bonds were rained down.

Immediately afterwards, various negative news appeared in the market, such as the high debt of some enterprises, and the average national deposit is only 50 dollars.

A large number of labor forces left the country to join the war, and Japan, with insufficient production capacity, could only use women to replace workers.

Some news here is true, some news is false, and it is difficult to distinguish the true from the false, such as using women to replace workers, which is absolutely true.

At present, the young and strong in China are drafted into the army for training at the age of 12. Where is there any labor force, it is all supported by women outside.

Hearing such news, the trading and exporting company panicked, and hurriedly began to inquire about the news, while preparing to let the company that owed the money settle the debt.

The credibility of the government has been shaken, countless calls have been made to this small island country, and new changes have also appeared in various negotiated investments.

The cooperation plan that was about to start was stopped under the perfunctory hesitation of the other party.

Payments, debts, etc. that could have been deferred are now not counted, and calls from creditors have caused companies to complain.

The small oil company, which was still happy about Mobil’s exit from the Japanese market, was also dumbfounded and said, ‘This is not really about to collapse!’

When the government wants oil again, the originally promised payment terms will become 'cash settlement. '

Cash is paid in full, and the price is doubled from $3 to $10 per barrel.

Such demands exacerbate the government's debt burden, and it seems that the whole world is asking Japan for money in an instant.

The first to collapse was JR. Why is JR's debt so high, because the army and the government use the trains most frequently.

And the government and the army have no money to pay, so they just take the "overlord car", and the transportation of domestic resources, troops, etc. is all borne by the JR railway line.

After annexing the three eastern provinces, why did RB wait six years before starting another war.

What are you waiting for, waiting for the enemy to develop and get ready? Waiting for new soldiers to grow?

They are waiting for the economy that is on the verge of collapse to recover before continuing to fight. Without the enemy's action, they themselves will be dragged down.

Chapter 607/1998
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American Legendary LifeCh.607/1998 [30.38%]