Chapter 391: Free America, Circuit Breaker Every Day (2nd Update)

Because of the spread of the epidemic in the United States, U.S. stocks plummeted, and the Dow Jones Industrial Average plummeted by more than 2,000 points since March 9, the biggest drop since intraday trading.

On 12 March, with a series of recent major declines, the Dow Jones fell again, falling more than 9.5%, hitting global markets.

On March 15, the Federal Reserve suddenly enlarged its move, "cutting interest rates to zero + quantitative easing", but the market did not buy it, and the U.S. stock market continued to plummet at the opening on the 16th.

On March 16, the Dow Jones index fell by 2,997.1 points, the largest one-day decline in history, and the second largest decline in history by 12.93%, even surpassing the Wall Street crash in 1929.

In order to save the market, on March 17, federal authorities decided to release $50 billion in relief funds to the people to alleviate the impact of the epidemic on the U.S. economy.

On March 18, the U.S. stock market triggered the circuit breaker mechanism again and suspended trading for 15 minutes due to the S&P 500 index falling more than 7% intraday, which was the fifth circuit breaker in the history of U.S. stocks and the fourth circuit breaker in 10 days.

The U.S. stock market has experienced the fifth circuit breaker in history, the last four occurred within 10 days of March 2020, and the first occurred in the Asian financial crisis in 1997.

Even Warren Buffett said: "I have seen five circuit breakers in my life, and I have achieved four in 10 days, it seems that I am better than the gods." ”

The ancient song in Lin Zitan's hand fell from the opening price of $1351.61 to $1056.51 in March, Amazon fell from $1906 to $1750, and he had to die from $194.03 to $139.75.

On March 19, the U.S. Department of Labor reported that 281,000 Americans filed for unemployment last week, an increase of 33% from the previous week and the largest increase since 1992.

Lin Zitan asked all the employees of the accounting gang to apply for unemployment benefits, which was $600 a week.

On March 25, the number of confirmed cases in the United States reached 69,000 and the death toll exceeded 1,000, while New York City has confirmed more than 17,800 cases, including 199 deaths.

New York City has five times the infection rate in the rest of the U.S. and one-third of the total number of confirmed cases in the U.S.

On March 27, the number of infections in New York City exceeded 23,000, with 365 deaths, including a nurse in Manhattan and a civilian employee of the New York City Police Department (NYPD).

Queens is the borough most affected by the death toll at 34 percent, followed by Brooklyn and the Bronx (22 percent), Manhattan (15 percent) and Staten Island (7 percent).

Between March 28 and 29, New York City saw three times as many deaths as in the previous 24 hours, with 222 deaths from the virus, bringing the citywide death toll to 672 and confirmed cases to 30,765.

On March 31, there were more than 160,000 confirmed cases and more than 3,000 deaths in the United States.

Seeing that the number of confirmed cases and deaths is getting more and more frightening, the people of New York finally began to be afraid, and the Chinese in the United States became even more restless.

Like Zhang Jing and his wife's thoughts, for the sake of their children, even if they charter a flight back, they are afraid that it will not be safe, because some people say that because the examination is not in place, the number of infected people in the United States is far more than the number of confirmed cases, and they are really afraid that the children will be infected on the way home.

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As the number of infected people and deaths increases, and Lin Zitan's employees are also reported to be infected, Lin Zitan can not only give them some financial help, but also let them contact the local hospital.

In order to avoid the epidemic, Lin Zitan took his children to live in a villa on Long Island that was originally prepared for Zhang Jing.

Nursing homes, which had already been closed, were also requisitioned by ZF and began receiving infected patients near Long Island.

The old Johnson family has been living in a villa, but due to the epidemic, the company that originally helped them deliver food in the apartment has basically stopped.

Lin Zitan would take some vegetables and fruits to the old man from time to time, but fortunately, they had a cook at home, and after they had supplies, all the people could only be isolated in the villa.

In addition to Kyle going home to avoid the epidemic, Xiao An and John's two bodyguards protected Lin Zitan and Li Manrui's two villas respectively, because of the epidemic, everyone could only eat and live together.

Fortunately, before the supermarket closed some time ago, Lin Zitan asked people to store a large amount of grain and vegetables in his refrigerator. The original inventory has also been robbed a lot by the public, and there are not too many in the inventory except for instant noodles.

Nearly every street in Manhattan is empty except for the living quarters, there are only a handful of people doing essential work, and 95 percent of New York's restaurants are closed, and even if they are open, they only do takeout and pick-up.

On April 3, the Centers for Disease Control and Prevention finally began advising all citizens to consider wearing face coverings of cloth or fabric in public places.

In the past, the reason why they did not encourage people to wear masks was actually because they were afraid that the shortage of resources would cause psychological panic and panic buying frenzy among the people.

In fact, all Chinese in the United States have begun to stock up on food and medical supplies, intentionally or unintentionally, since the outbreak of the epidemic in China, and only a few families who are relatively slow to respond to current affairs will act at the last minute.

In order to show their kindness and open-mindedness, some Chinese expatriates who thought they were kind even distributed masks or food from their stores to neighbors, but later many people called on WeChat Moments not to do so.

It can be seen from the reluctance of foreigners to wear masks that the thinking mode of foreigners is different from that of us Chinese, some people think that they will be grateful to their neighbors, and of course some people will have a grateful mentality.

But most foreigners don't think so, and they blame the reason why they can't buy masks and food on these Chinese who have hoarded masks and food.

Especially when masks became hard currency in the midst of the epidemic, when an ordinary mask of $5 was sold for $50 or even $70 by black-hearted merchants, and some were even more expensive.

When a Chinese woman who married Lao Mei showed her husband a video of us Chinese distributing masks, she was directly asked, "Why do they have so many masks? Are they rich?"

It is very dangerous to think that if you are considered to be hoarding, they will not be able to buy masks, and because of hoarding, they will think that you are rich.

Especially at a time when the current stupid President X is constantly dumping China as the source of the spread of the epidemic and inciting ethnic hatred for his own political purposes,

Now there is a shortage of masks everywhere in the United States, and everyone can't figure out where the masks went, and many people say that the masks were bought by the Chinese. Now that so many Chinese Americans are giving free masks to their next-door neighbors, it will become a real hammer, and their lives may be in danger every minute.

In China, it is a virtue and tradition for neighbors to help each other in times of trouble, while in the West, their concept is that "everyone sweeps the snow in front of his own door and does not care about the frost on the tiles of others".

Coincidentally, a Chinese international student, after receiving the mask sent to him by China, kindly gave the mask to the neighbor next door for free, which caused the neighbor's child to have facial allergies.

The mother of the neighbor's child is preparing to go to court to sue him, which was originally a well-intentioned move, but in the end it led to such a result, no wonder many people think that some Chinese who have returned from the United States seem to be more selfish, but in fact they have had enough of being generous and generous abroad!

Another point is that foreigners are very defensive, they will not accept your benefits for no reason, they will treat you as a liar, or have a plan.

A person who gives free food or free items to passers-by on the street will only be considered eccentric, or that there is something wrong with his brain!

After reading these news, Lin Zitan's original idea of giving some instant noodles from his inventory to passers-by for free was directly strangled in the cradle by him.