Chapter 653 Stock market crash (please vote for me!)

Over time, stocks have become a hot topic throughout the United States.

From the capitalists and dignitaries to the street vendors and workers, and even the homeless people who can be seen everywhere on the streets, many are talking about the soaring stocks.

As long as you invest 100 US dollars, your daily income will be more than 10 US dollars. What an exaggerated pure profit!

Moreover, the value of stocks has always been compounded by interest. When the value of the stocks held reaches an exaggerated figure, the income brought by the rise in the stock will become an unimaginable figure.

In fact, stocks at this time have shown an obvious problem. If everyone is making money, who is losing money?

Even stocks have to pay attention to a balance. Everyone who enters the market is making money, so where does the money come from?

But it is obvious that except for some capitalists with background and strength, everyone else is blinded by such profits and cannot think about whether there is any problem behind it.

Because everyone is afraid of falling behind others. What they are afraid of is that if they give up this part of their income, other people will take away their opportunities and take away their opportunities to become rich.

Since the end of June, stocks in various industries have continued to rise, and it is no longer limited to real estate.

Stocks in almost all industries are rising, and anyone who enters the stock market can make a lot of money without even seeing any news of stock losses.

In such an environment, all companies are constantly reporting profit news, adding a boost to the rise of their stocks.

On the rooftop of the Mobile Building in New York, two middle-aged men each held a glass of red wine. They clinked the glasses and took a sip. One of the men smiled and said: "What a good plan, Mark. Now the U.S. stock market is in complete chaos." , the collapse of the New York stock market should not be far away.”

"Just to complete the task above." The man named Mark took a sip of red wine and said calmly.

"It's really crazy. There are millions of people participating in the New York stock market every day. If the New York stock market crashes, I'm afraid these millions of people will jump off the building immediately!" The person next to Mark looked at the constant coming and going of the stock trading market under the building. The crowd said with a chuckle.

"It's time to prepare to evacuate, Thomas. The New York stock market can't last long. Such madness is destined to be just for civilians' self-entertainment, and it can't be hidden from smart people for too long." Not caring about the exclamation of Thomas next to him, Mark took the cup. After finishing the red wine, he placed the wine glass on the table beside him, left a few instructions, and walked away.

"Ha, he is such a mysterious and scary guy." Thomas shook his head slightly and smiled, then turned to follow Mark's pace.

1 Several companies with hot market capitalization quietly left New York. Because the entire stock market is very hot, the news that the controllers behind these companies have left has not become news.

But this could not be concealed from some big American capitalists. Not long after, other big American conglomerates also began to withdraw from the New York stock market. However, the capitalists all had a tacit understanding and did not alarm the crazy people. This also led to the withdrawal of the capitalists without letting go. The stock market has been greatly affected, and the rise of the stock market can be stable for the time being.

Precisely because the stock market has been stabilized, it has become easier to withdraw some capital.

The New York stock market is one of the largest stock markets in the world. It gathers most companies and factories in the United States and is known as the financial capital of the world.

Under Britain's deliberate control, the London stock market's rise has become less frantic. This also allowed the New York stock market to surpass the London stock market in a short period of time, and with May Madness, it became a holy place in the hearts of stock trading enthusiasts around the world.

In fact, people are not without panic about the madness of the stock market, but then-Treasury Secretary Andrew Mellon boldly assured the public after the May Madness ended, stating that there was no reason to worry about the New York stock market and that all prosperity would continue. If this continues, any situation is within the control of the US government.

It is precisely because of the government's statement that the American people have chosen to believe that the current rise in the stock market is normal.

But are the U.S. government’s guarantees really effective? I'm afraid not necessarily.

1. After spending the 13th, which is relatively taboo among Westerners, American stock investors originally thought that there would be a good harvest.

Unexpectedly, the New York stock market fell by 3% as soon as it opened, and plummeted by 11% in one day, reducing the property income of investors by more than 10%.

What makes investors even more surprised is that this day is just the beginning, the beginning of a complete stock market collapse.

Because this day is a Thursday, it is called Black Thursday by American stock investors. It is also the best example for stock traders to avoid talking about it and to warn them.

If the news before July 14th was all about the skyrocketing stock markets in various places, then the news after July 14th was all about the plummeting stock market in New York in the United States.

Starting on July 14, for three consecutive days, the trading index of the U.S. stock market fell by 37%, with stock trading volume as high as 69 million.

In these three days, less than US$22 million of funds flowed into the stock market, while as much as US$103 million flowed out of the stock market. This has proven that retail investors are beginning to panic and are preparing to abandon their stocks and exit the market.

But the question is, is the current stock market so easy to exit?

Everyone knows that the decline of the stock market will not end in a short time, so naturally it is impossible to be the one who takes over other people's stocks.

Take the famous Scott Real Estate Company in the New York stock market as an example.

At its peak, Scott Real Estate issued more than 200,000 shares with a single share price exceeding $77, which represented a market value of Scott Real Estate as high as $15.4 million.

But as of July 17, the value of Scott Real Estate’s shares had plummeted to less than $40, and the actual sale price was less than $30.

This means that this company with a market value of US$15 million has shrunk by more than half in three days, and its current market value is less than US$8 million.

Such a crazy decline in the stock market naturally attracted the attention of the US government. Regardless of the actual reasons for the stock market's crazy decline, stabilizing the current New York stock market is the most important thing.

For this reason, U.S. President Coolidge quickly stood up and publicly stated that the U.S. economy was very good and called on the public not to worry about stock fluctuations. No situation could destroy the U.S. economy and stock market.

But President Coolidge obviously forgot that he had lost trust in the hearts of the people, and his speech failed to achieve very good results. Instead, people sold stocks more and more intensely.

On the fourth day after Black Thursday, that is, on January 1, the New York stock market once again experienced a plunge. The Wall Street stock trading index fell by 50 points, has fallen below the 300-point mark, and is heading towards 200 points.

The continuous plummeting of the stock market has made many investors continue to cry. Their property losses were the largest and they almost did not evacuate from the stock market.

For the rare investors who were lucky enough to withdraw from the stock market, the funds they received were not even as good as the original investment.

Because of the initial stock boom, a considerable number of people in New York and even the United States invested all their wealth in the booming stock market.

Although this brought them unexpected huge income in the early stage, it also quickly took away all their net worth when the stock crashed.

Although their remaining stocks also have a certain value, as long as they cannot be sold, those stocks are like waste paper.

Many American stock investors who could not bear the blow chose to end their lives in various ways. As a result, many criminal incidents occurred and New York became chaotic.

Especially in some high-rise buildings, investors who have lost their fighting spirit will jump off from time to time. Sometimes they will get lucky and take away pedestrians who pass by.

This also caused the New York Police Department to issue a temporary notice, prohibiting any pedestrians from walking under high-rise buildings, and blocking quite a few rooftops of high-rise buildings to prevent people from jumping from the buildings wantonly.

Although blocking the rooftop effectively prevented some investors from jumping off the building, the United States is a country that does not tolerate firearms after all, and it is still easy for people to commit suicide or cause trouble.

The famous Manhattan Bridge and Brooklyn Bridge in New York have become suicide sanctuaries. Every day, hundreds of investors who have experienced ups and downs in the stock market jump here and end their short lives.

More and more people chose to give up on themselves, burning, killing, looting and committing all kinds of evil, setting off a new round of zero-dollar shopping activities in New York and even other cities in the United States.

It is worth mentioning that Caucasians are relatively wealthy among Americans, and most stock investors are also Caucasians.

But after the white people gave up on themselves, they burned, killed, and looted without distinction of race, and these white people who had lost their minds began to hate black people even more.

Black people whose magazines had been emptied could be seen everywhere on the streets. This also caused the security order in New York to plummet in a short period of time. The New York Police Department became busy, but it still could not change the bad current situation in New York.

Following May Crazy, July, when the stock market crashed, was also called Chaotic July by many American media.

Europeans did not rejoice for long, as the impact of the New York stock market crash soon spread to Europe.

Starting from July 20, the stock markets in London, Paris, Vienna, Rome, Berlin and other cities have also continued to plummet, but the magnitude of the decline is not as large as the New York stock market.

The Europeans who were still eating melons a second ago soon experienced the pain of Americans. Many stock investors watched their property continue to be lost without any solution, and Europe was also plunged into chaos.

Looking at the news about the continuous fluctuations in European and American stock markets, Arthur understood that one of the most significant events in the 20th century, the Great Depression, had begun.

The impact of the Great Depression was no less than that of World War I or World War II, and its impact on the world economy was inestimable.

Even if Arthur had made a lot of preparations before this, there was no guarantee that Australasia would be able to survive this crisis unscathed.

The best way is to always pay attention to the stock market and civil society in Australasia, rescue companies on the verge of bankruptcy, and provide comfort and relief to unemployed people.

In order to ensure the stability of Australasia, Arthur issued a proclamation in the name of the king, saying that the economy of Australasia was very stable and would not be greatly affected because it was far away from Europe and the United States. He asked Australasia to The people of West Asia live a stable life.

Contrary to President Coolidge's prestige in the United States, Arthur's prestige in Australasia cannot be questioned at all.

Arthur's announcement and statement were published in newspapers across the country and quickly calmed some restless Australasians.

1. The Australasian stock market has remained relatively stable, with an overall decline of less than 0.1%, which is a relatively reasonable number.

On the second day after the public opinion fermented, the Australasian stock market rose by 0.3%, which is enough to show that the people have stabilized under Arthur's comfort. At least Australasians absolutely believe in the government and Arthur.

In this round of stock market crash, it was not only ordinary investors who suffered heavy losses, but also those small and medium-sized enterprises and factories that were too late to delist.

In the past, some small companies misappropriated corporate funds into the stock market in order to make more profits, and the money was basically impossible to get back.

There are also people who didn't make much money in the stock market, but their company's market value continued to decrease after the stock market crashed.

As the company's market value decreases, people's trust in the company will naturally decrease. After all, there is still a gap between a company with a market value of tens of millions and a company with a market value of millions, even if the two companies are the same.

When a company faces a crisis, the most common approach is naturally to lay off employees and be forced to close down. No one would think of voluntarily closing down their company unless they really have to.

This has also led to a large number of companies affected by the economic crisis, including companies in the United States and many European countries, to choose to lay off employees, leaving hundreds of thousands or even millions of unemployed people in European and American countries overnight.

The most serious one is of course the United States. From July 14 to July 24 now, the U.S. stock market has fallen in total by more than $4 billion, and wealth has evaporated out of thin air, accounting for 23% of the U.S. gross national product last year.

The U.S. government has no time to delve into the reasons, because thousands of small and medium-sized enterprises have gone bankrupt in the past ten days, and the remaining companies have also announced layoffs.

According to rough estimates by the government, at least 500,000 unemployed people have been born in ten days, and the number of unemployed people is still increasing.

Although it seems that the number of unemployed people is only 500,000, can the wages of the remaining people who have not been laid off be guaranteed?

Moreover, the current layoffs are only the first wave, and companies are hastily laying off employees. There will be a second wave and a third wave.

In order to protect their own enterprises, capitalists will definitely give up the interests of those people and employees decisively.

The third update of 4000 words, please vote for me and support!

Today, RMB 10,000 has been successfully completed and has been updated to 10,000/10,000. Please vote for me and support me!