The fact that it lasted less than five minutes was a disgrace, and it would be a death sentence if word got out. Was this the leader who was so mighty in the outside world? The major investment banks of the United States panicked, facing a mess before them.
"You are all geniuses! I told you long ago that when you make a profit, you should sell. Don't spit out what you've already eaten. Now look at this, it's a faster plunge than a freefall."
"We did our best. The biggest problem now is the lack of buyers. It's all sell orders. How are we supposed to sell?"
Everyone present was silent. What could they do? The man with glasses looked tragic. What had he done to deserve this? He had finally climbed to a high position in the investment banking world.
Before he could even settle into his seat, he was faced with a stock market crash.
Damn it, the United States is the leader of the world, how could it mess up its own stock market like this?
The current government should step down quickly. The government should serve the financial groups.
You're not doing your job properly and causing my wealth to shrink. How am I supposed to get by? I can't get by anymore, and you won't be able to hold onto your positions either.
At worst, we can all walk away.
Just then, "The circuit breaker has been triggered. The stock market is now suspended for a short period. Everyone, quickly prepare for the next battle."
This day would be an unforgettable one for American investors.
A word that only existed in book titles, circuit breakers, had actually happened. They watched helplessly as the stock market's circuit breaker mechanism was activated.
Fortunately, it was a circuit breaker. Otherwise, who could withstand this continuous plunge?
Why isn't this America beautiful anymore? How is the global debt promotion going?
Is the current government incompetent and just bragging?
Bragging is fine, but you need to do real work and not let American investors get hurt.
The primary goal now is to transfer risk and prevent the American stock market from being impacted. Find a way to make a few small countries in Southeast Asia collapse.
Divert attention so that investors know that America is a paradise for investors.
This idea sounds good, but it's difficult to implement.
The US Secretary of the Treasury jumped up and cursed.
Even the cleverest housewife can't cook without rice. What good are you? You give me nothing and expect me to launch satellites.
The key is that I haven't even seen a single satellite.
I also want to transfer the risk to the whole world. Can this be done in a day or two?
You tech companies are also not living up to expectations. You have such high stock prices, but you lack the corresponding strength.
This is called being unworthy of your position. Your stock prices are plummeting, and this is a return to normal market value.
How can we protect them? Those that have always been at a low level will have very limited declines no matter how much they fall.
Your stock price has soared to the heavens, and now it's revealed that the company's profitability is poor and doesn't live up to the hype of high technology. If you don't come down, who will?
In this situation, how can the stock market be revitalized? This is exactly why the Secretary of the Treasury's hair turned white in a short period.
Fortunately, the stock market has already been suspended and can take a break.
But what about afterward? This is really a headache.
All major investment banks received urgent notifications.
"For the sake of America, this is a holy war. Take over for the country, for the benefit of the financial groups."
"Please lock your positions, and prepare your ammunition. It's time to bring glory to America. Taking over for the country is a matter of course."
"For the sake of America's future, America cannot have a stock market crash."
"Gentlemen, please work hard. The government will remember you. Once our stock market stabilizes, we will take a tour of the Southeast Asian countries, and you will all make a fortune. Our American financial groups are invincible."
"I now declare the government's order: there can be no more short selling in the market. From now on, short selling is prohibited!!"
My goodness, the government is serious now, preparing to interfere with the market through administrative action.
In this day and age, it seems the government's power is not enough. Who would have thought this would happen?
The Nasdaq can at least stay flat, but it cannot experience another circuit breaker.
"Then what other policies does your Treasury Department have?" a senior official from an investment bank asked.
This is a stock market crash. It's difficult for the major investment banks to hold it up.
"This is not your concern. What you need to do is, after the circuit breaker ends, prevent the Nasdaq from plummeting again. This is the mission entrusted to you by America."
The Secretary of the Treasury said with a solemn expression, and then bowed to everyone present.
The major investment banks all expressed their stances.
"Please rest assured, Minister. Morgan Stanley will do its utmost to complete the mission and take over for the country."
"Please rest assured, Minister. Lehman Brothers will crush these short sellers and make them lose their shirts. I never thought these short sellers would dare to counterattack. Let them know who's in charge here in America."
"Goldman Sachs feels the same way. We have always shorted the stock indices of other countries. I never imagined that someone would dare to provoke us today. They must not want to live."
"At the Minister's command, Merrill Lynch will go all out. Wherever the sword points, there is glory. America will forever be beautiful."
"Bear Stearns stands with America. We are just bulls, and we will fulfill our responsibilities."
Hearing the assurances from the five major investment banks, a smile finally appeared on the solemn face of the US Secretary of the Treasury.
With the five major investment banks and the government's endorsement, the Nasdaq was stable today.
Now it's time to think of ways to divert investors' attention, and the stock market needs to be cleaned up.
Damn it, this bomb almost blew me up.
If a stock market crash occurred for several consecutive days during my term, I wouldn't be able to continue.
I would just go to prison to retire. I wouldn't be able to get by outside either.
At that time, I would become the enemy of the entire financial group.
In this capitalist society, if you become the enemy of the financial group, you will be unable to move an inch and have no space to survive.
After the circuit breaker passed, the selling pressure decreased significantly. There was no way around it; everyone had received the notice.
Coupled with the approval of various patents by listed companies and the various policies granted by the government to listed companies.
Everything went smoothly, and it finally stabilized.
At this time, people discovered a reality: damn it, there weren't as many sell orders now, but the buyers also had no intention of attacking.
Since the opening, the Nasdaq has plummeted by 6.7%.
The Secretary of the Treasury wiped the sweat from his forehead. Damn it, these are all tough old foxes.
They were just stabilizing the Nasdaq, with no bullish spirit at all.
Forget it, let's just get through this immediate crisis. The Secretary of the Treasury was already thinking about tomorrow.
The casino would still be open for business tomorrow. Everything is about capital. Without capital's endorsement, everything is just an illusion.