"It's all over." Mr. Williams spat out a breath of alcohol. Yesterday, he sat with Befort and many people in the trading house to discuss how to face this sudden disaster. In the trading process of the stock market, it is rare to lose all your money if you suffer huge losses in time.
A stock fell from ten yuan per share to one yuan per share, and 90% of the price evaporated, but after all, 10% still existed. As long as it is not delisted, there may be a day when it can start again.
But the problem facing Atlantic Chemical and Atlantic Consortium is not as simple as a huge decline. They are finished. The Atlantic Consortium is suspected of falsifying the financial reports and operations of multiple companies. All the company's top executives have been arrested except for those who have fled. An unprecedented huge financial scam has revealed the tip of the iceberg. With people's concern about the Atlantic Consortium scam The more you learn, the more desperate you become, that everything is really over.
Atlantic Chemical and other stocks could no longer appear on the trading board. They were completely delisted, and all investors lost their money. What's even more troublesome is that in order to capture this round of market trends, Mr. Williams not only gambled everything he owned, but also borrowed a large amount of money. The heavy debt weighed him down. He was bankrupt and no longer had operating costs. Under such circumstances, it was almost impossible for him to get back up.
There is nothing Befort and his stock brokerage company can do about this. The only thing they can do is to ask everyone not to make any blind transactions for the time being and wait for the federal government's next rescue measures. After this financial tsunami passes, everything will gradually get better, and this is the only thing they can do now. Of course, this approach cannot be miscalculated in essence, because fearful continuous selling of stocks will only make the financial order more chaotic, and it is meaningless. Now that you have lost a lot of money, why not try to wait for a while, maybe there will be some turnaround.
Stock prices, futures prices, and currency exchange rates are all "expected values" in the final analysis. When everything passes, the national economy recovers and national confidence increases, and things will get better one day.
But this does not include Mr. Williams and a considerable number of people. The money they use for financial investment does not come from their own assets, but money obtained through private financing and borrowing. Behind this money is most likely horrific interest, fatal and necessary working capital, or even misappropriation of the company's funds. They don't have time to wait for things to get better, because before they get better, they will rot.
Millions of dollars in loans could not be repaid, and Williams' life was completely shrouded in darkness, including his family. Their family has to crawl slowly in the darkness, from being rich to becoming homeless people who are worse than the poor people in the lower city. They don't even have money to buy food and have to beg.
His property and all his assets have been sealed and confiscated this morning. He has one day to leave his house and is not allowed to leave with anything except the clothes he is wearing. He cannot find the value of continuing to live. Perhaps only death is his true destination. He had signed a divorce agreement with his wife and assumed all the debts in the agreement. He put all the burdens on his own shoulders. He has dragged this family from light into darkness, and now the only way to end it all is through death. After he was moved to the morgue, his wife and children still had a chance to stand up again.
I took another sip of wine and thought about the glory of the past years. Everything seemed like a dream. A day ago he was still thinking about going on vacation abroad and enjoying the warmth of the sun in the cold winter. A day later, he was sitting here, looking at the streets as if they were walking corpses with no souls and only their shells of people wandering around, and suddenly he burst out crying and laughing. The wine bottle in his hand was slammed into the street, and broke into many pieces with a bang. The numb people did not even raise their heads, and continued to walk weakly, looking for the direction aimlessly with a heavy heart.
"I'm sorry, brother." He turned around and hugged his wife's brother with a very sincere expression. "I'm sorry for you. I wasn't good enough to you in the past. I know I was just a bastard. I realize my mistake now. Yes, I'm a bastard..." The hug didn't bring any warmth, but it gave him courage. "I don't know if I should advise you to go back to the street from here. That's your choice. But I have to say I have to get out of here first. If you make a different decision, remember to take care of my family and tell them I love them!"
He let go of his arms and his body naturally became soft, sliding down from the edge of the rooftop. The raging wind pressure fluttered his clothes, making a hunting sound, and his hair that was blown by the strong wind made his vision blurred. He closed his eyes slowly, and he did it, paying for all his mistakes.
There was a bang, and he was lying there next to the broken wine bottle. Blood slowly spread along the gap between his body and the ground. The crematorium staff who had been preparing here for a long time did not give him a white stretcher, and the ambulance did not give him any necessary rescue. He was It was put into a woven bag specially used to hold corpses, and then thrown into a truck, piled with more woven bags...
Mr. Williams's move was like a clarion call, and people kept jumping off the high-rise buildings around the two major exchanges. Some, like Mr. Williams, borrowed a lot of usury through mortgages, and some It was misappropriation of company funds. If they don't die now, they can only live in endless despair in the future, slowly waiting for death in torture. Perhaps this is a kind of relief, but also a kind of cowardice with courage, escaping the punishment of reality and leaving the sadness to the person they love most.
The financial tsunami that suddenly broke out is still continuing to ferment. Starting from the afternoon of November 24, demonstrations took place in major cities in the federation. A large group of workers who lost their jobs took to the streets under the organization of trade unions. Financial markets The unprecedented prosperity caused many small and medium-sized enterprises to reduce the scale of production and invest more funds in the financial market. But the sudden collapse of financial markets has brought more companies to the brink of bankruptcy and more workers to lose their jobs. In order to fill their stomachs and fight for their own rights, they took to the streets.
After the first angry worker who lost his job smashed the glass curtain wall of the store with his head and snatched some necessary things from inside, everything became chaotic. Many pillars of smoke rose from almost every city. Humble speculators, gang members, and furious workers who lost their jobs and had no money to fill their stomachs and take care of their families began to destroy under the influence and leadership of certain people. They trampled on the rules and order of society, and the crime rate suddenly increased several times. The entire federation seemed to have fallen into madness before the end!
Faced with such a harsh social environment, the federal government issued several press conferences in succession and agreed to work with all federal consortiums and capitalists to save the country. Perhaps these news have brought some effect. The Federal Shield, which has plummeted by 17.8%, has gained some support and has not continued to plunge.
On November 25th, in the past forty-eight hours, the federal government, the joint parliament, and all federal consortiums and capital forces made a joint decision. They want to re-boost the federal financial economy and prevent the conspiracy of some conspirators with ulterior motives. Succeed. The Commonwealth Bank will unite more "knights" to save the current situation. These news have indeed played some role in easing the situation, and also made some people begin to have confidence in the federal government's rescue operations!
"Morning News" even claimed that this was just a "technical" adjustment, and at the same time put all the blame on the Atlantic Consortium, believing that the Atlantic Consortium was an important chess piece from hostile forces lurking in the federation. By detonating this important link, the Atlantic Consortium was The financial order of the Federation was shaken, and a series of rumors and illusions were created, causing people to panic and create distrust and fear in the Federation's financial economy. They used the help of the Federation people to complete this sniper plan. The Federal Financial Management Council announced overnight that in order to stabilize the market, promote the restoration of financial order, and reduce the herd effect caused by the spread of panic, it will close two major trading houses until they think they can open again.
On November 26, the federal government announced that it would raise the funding for the rescue to 80 billion, and combined the efforts of all sectors of society to create a deep federal fund reserve of 100 billion guilders to save the current decline. After the Federal Shield plummeted continuously, it rose by 3% before the close. A large amount of funds were used to take over the Federal Shield. However, the Federal Bank hid an important problem. Their foreign exchange reserves were insufficient.
On November 27, the Imperial Ministry of Foreign Affairs suddenly issued an international statement that it would establish friendly diplomatic relations with five countries and help these countries build their economies and recover from the sequelae of the war. It just so happens that these countries are small countries that have signed a series of cooperative relationships with the Federation and received a large amount of economic assistance. This move undoubtedly heralded that the behemoth of the Empire had also joined this financial war against the Federation. With the unanimous approval of the Imperial Cabinet, the Ministry of Foreign Affairs used strong star yuan to exchange the Federation from these countries that had become worthless. Shield, and then joined the sell-off of the Federal Shield.
This move caused the Federal Shield, which had just improved slightly, to plummet again!
At the same time, more problems began to break out and spread within the federation!
(End of chapter)