Chapter 2773 The sickle hangs on the neck
"Mr. Chen, there are a lot of retail investors entering the market right now, especially those from Yin Yang Country!" Han Li reported excitedly.
"Yin Yang Country?"
Diana frowned and said, "Why are there so many Yin-Yang Chinese buying the Euro Index?"
Chen Mo smiled and said, "That's normal. The Bitcoin I invented before was also bought by a lot of Yin Yang people."
How crazy are the Chinese people in speculating in financial products?
Take stock speculation as an example. Primary school students all go to shareholder meetings and even dare to sell their houses to buy stocks, but they are "harvested" again and again.
In fact, the reason is very simple. After the subprime mortgage crisis broke out, the Yin-Yang Country Composite Index plummeted by more than 36% at one point and market panic spread.
In addition, Chen Mo had shorted the Yin-Yang Coin and taken down Sansang, the pillar consortium of the Yin-Yang Kingdom, which made the Yin-Yang people feel desperate.
However, after Chen Mo acquired the shares of Sansang Group, he resumed the market promotion of Sansang Group in Daxia, and at the same time established the Three Kingdoms Free Trade Zone. In a short period of time, the economy of Yinyang Kingdom soared again and pulled the stock market back from the brink of collapse.
Subsequently, the Yin-Yang Country's stock market soared all the way and became one of the best performing markets in the world. This gave many Yin-Yang people hope of "getting rich" and they flocked into the stock market.
According to Chen Mo's understanding, the number of investors in the Yin-Yang Country stock market has soared to 1400 million, of which more than 99% are ordinary retail investors. In other words, almost one out of every three Yin-Yang people is speculating in stocks.
How crazy is this craze? The most exaggerated thing is that even primary school students are running to open stock accounts!
At the shareholders' meeting of Sansang Electronics in March this year, there were actually several elementary school student shareholders attending the meeting!
The number of minors holding the three types of stocks has reached 36, 2005 times more than in 23.
The Yin-Yang Country allows minors to open stock accounts with their parents' consent, so some parents simply give stocks to their children as gifts and teach them how to trade stocks.
There was a kid who used 15 yuan of capital to invest in stocks, with an annual return rate of up to 43%. He also dreamed of becoming the next stock god in the world. This matter was even reported in the news.
Unfortunately, most people are not so lucky. Many office workers in Yinyang Country work during the day while trading stocks. Some people have to check stock trends more than 50 times a day, which makes their lives and work a mess. What's more serious is that more and more people are addicted to stock trading.
After Chen Mo invented Bitcoin this year, Chinese people flocked to speculate in cryptocurrencies again, making China almost the first country in the world willing to try out cryptocurrency speculation.
There are actually deep-seated social reasons behind all this.
Although Yin Yang Country is a developed country, the gap between the rich and the poor is very serious.
Especially in recent years, the "spoon class theory" has become popular in the Yin-Yang Country.
Young people are divided into four groups based on their parents' assets and income: the gold spoon, silver spoon, copper spoon and clay spoon. The gold spoon's parents have assets of over 25 million, while the clay spoon may not even have .
What is most despairing is that the clay spoon class accounts for the largest proportion.
I learned too early that I would most likely only be able to struggle in the clay spoon class in my future life, and I would never be able to move up until I die, and even the next generation I gave birth to would still be clay spoons...
Yin-Yang people have developed two very extreme patterns - one is not to have children, and the other is to pin their hopes on "get rich quick" methods such as stock speculation and cryptocurrency speculation.
Gambling-style investments may generate short-term returns, but in the long run, most people will only be crushed by the “leek harvester.”
But even so, hermaphrodites are willing to gamble on the pitifully small odds, hoping to get rich overnight and change their spoon class.
After all, if you win the bet, you can be happy for the rest of your life. If you lose, you will still be a poor man. In any case, your life cannot get any worse.
Now that the Euro index has suddenly skyrocketed, this group of people will naturally come here upon hearing the news.
After all, the Euro Index is an important financial product second only to the hegemonic currency index!
As long as they bet right, they can upgrade to the spoon class!
"Among these people, probably only a few can walk away from this short-selling with a smile and change the spoon class. The rest will lose all their money."
Chen Mo sighed.
"That's what they deserve! What's the difference between pinning your hopes on financial products like stocks and Bitcoin and gambling?" Diana sneered.
"Actually, I understand hermaphrodites." Chen Mo smiled and said, "After all, in a country where even eating a barbecue is like celebrating Chinese New Year, even rice has to be obtained by the grain-carrying tribe, and even kelp is considered seafood, if you are not in the "Silver Spoon" class or above, then life is really hard."
“On the contrary, our Great Xia Kingdom is much better.
Especially for the lower classes, as long as they are willing to endure hardships, eating meat and fruit every meal is no problem at all.”
As the two were talking, more and more global retail investors entered the euro zone and purchased related products.
The euro index soared!
The euro soared!
The stocks of all the countries in the AU Alliance have skyrocketed!!!
"The market has been rising for the past three days. The more retail investors and institutions we attract, the better!"
“Once all the leeks are harvested, it will be our harvest season!”
Chen Mo said loudly.
"Received! Mr. Chen!"
"Yes! Mr. Chen!"
A group of traders from Moyuan Securities responded excitedly.
The traders affiliated with the foundation also changed from being unconvinced in the beginning to being convinced at this moment!
Chen Mo's trading skills and overall view are simply perfect!
"No wonder he was able to win every battle in the past!"
"No wonder even Solomon has to listen to his orders this time."
"Phew, we finally have it easy this time."
"Yeah, we've basically won the game, so we can just lie down now."
"..."
The foundation's operators have never looked so relaxed before.
This kind of large-scale short selling usually has a long pre-swing.
It was said to be three days, but in fact Chen Mo pushed up the price for a whole week.
When the European Union and retail investors investing in the euro zone around the world were immersed in the dream of making a fortune and achieving financial freedom overnight.
Little did he know that Chen Mo was already preparing to swing the sickle silently...
