Contini said coldly: "Next, I announce two important news as the president of the United Group: first, in order to consolidate the liquidity foundation, the United Group announced the cancellation of all the industrial equipment procurement contracts that had been signed and paid a deposit last year, involving a total amount of 4.4 billion US dollars, of which the deposit paid was 500 million US dollars, and the group fully provided for bad debt losses; Second, the United Group will continue to reduce its holdings of shares to replenish the liquidity required by the United Bank and cope with the pressure of not renewing the loan after it expires......"

He slapped the table and continued to emphasize angrily: "Isn't it more than $3 billion in credit exposure?" I've never seen so much money? I can't pay off my debts? Are you kidding! The Group has the most complete industrial system in Italy and even in Europe, from compressed biscuits to instant coffee to aircraft, tanks and warships. Backed by the Italian state power and the Youth League, with the oil guard under its command on land, sea and air forces, the Times calling the group the fourth largest armed group in the Mediterranean, supported by 40 million Italian people armed with the great idea of three flags, I would be afraid of a little economic pressure and political persecution? These overt and covert restraints can make me bow my head? Joke! I joined the revolution at the age of 19, what kind of big scene have I never seen? Come on! I'm waiting for you, hurt each other, see who can't stand it first! ”

My God! This must be crazy......

Everyone exclaimed, and many couldn't help but stand up in their seats.

A photojournalist whispered while filming this rare scene: "Is the president an idiot?" The $500 million deposit said no, don't want it, and earned 500 million for others in vain! ”

The others looked at him like fools.

He asked in a embarrassed whisper, "Am I wrong?" ”

"George, you're right, the president did lose 500 million, and maybe had to postpone the promise of rebuilding an Italian industrial system for 10 years, but you must know that the United Group only lost 500 million, and our domestic enterprises will lose at least more than 1 billion, even if you count the 500 million taken for nothing, you will lose more than 500 million......"

"Why? If he doesn't pay, we won't have to deliver the order. ”

"These orders have been signed one after another since last year, and now it has lasted for a year, and many anxious companies even started production when the memorandum was signed, at least I found several large companies that have a lot of equipment to produce or partially produced...... They invested more than 500 million dollars. ”

"What? If you don't deliver it, you will earn 500 million for nothing, and these things can be sold to others if they are a big deal......"

"Sell it to whom?" Someone said coldly, "You think it's a piece of clothing and a pair of pants, this gentleman can't sell it to other gentlemen, only a few countries in the world need large-scale complete sets of equipment, and now at this time, the British and French industries are weak, and the Soviet Union does not have enough ability to pay, except for the grand plan of doubling the Italian industry in 10 years, who else needs so much equipment?" The United States itself does not want it, we have enough equipment, and any more is overproduction; Taking a step back, even if there are potential buyers, can a custom-made device for Italy be easily used in other countries? Can you continue to accept this price without taking the opportunity to lower it? To take the simplest example, you have ordered an extremely expensive dress for the bride, and the size of the dress is very special, and the other brides basically don't need it, and now you say that the bride regrets getting married and doesn't want to get married, you have lost the deposit for this wedding dress, but the owner of the wedding dress has lost even more! ”

"Oh...... I see, I see, I see......"

"Taking a step back, these things have been reflected in the stock price in advance, why has the stock market risen from 280 points to more than 450 points in just over a year? Isn't it because of the economic stimulus brought by these industrial orders? Investors have calculated the 4.4 billion orders as a net profit of 1 billion US dollars, and it is reflected in the stock price in advance, and now they are going to lose 500 million, and the net profit is 1.5 billion US dollars less before and after - estimated at 20 times the price-earnings ratio, which is equivalent to 30 billion market value gone! Even if it is estimated at the current dynamic price-earnings ratio of 14-16 times that of large blue-chip stocks, it will be less than 20 billion yuan in market capitalization...... Now that the total market value of the stock market is less than 60 billion, what is the concept of losing 20 billion market value at once? The stock market will crash. ”

"Boom", the word collapse woke George up, he finally understood why the president expressed his feelings in an angry and angry tone just now, he thought it was just a young man's hysterical venting, but he didn't expect that there was such an important and serious logic behind it.

This declaration directly blew people up, and before everyone could come to their senses, Contini had already begun to withdraw surrounded by bodyguards.

The reporters stopped doing it now, and they all stood up to keep the president, hoping that he would continue to be interviewed, Contini's face was "pale", his steps staggered, and he said uneasily: "I'm sorry everyone, I'm in a very bad mood and depressed at the moment, I'm afraid I can't suppress my madness, I promised the president not to scold people or criticize the relevant administrative agencies in public, so I can only say sorry first...... Mr. Francisco is more steady than me, he will stay and take questions, I will retire first, I need to go and rest, I can't hold on......"

Enzo shouted next to him: "Let one go, let one go, everyone, the president is unwell and in a bad mood, please be considerate and considerate ......"

The black-uniformed president's guards looked blank and pushed away all the journalists who stood in their way, escorting Contini back to Union Bank headquarters like a tank. It wasn't long before Livermore returned—he hadn't been home for the last few days, and had been staying at Union Bank, and the guards knew him, so they didn't stop him and let him in.

Seeing Livermore come in, Contini was full of spring breeze, where there was a little bit of a depressed look just now, and waved his hand: "Let's go, let's go and have a drink with me, I have a good brandy there, which was given to me by French Prime Minister Poincaré ......"

Livermore nodded, owed, and complimented: "You are the only investment master in this world, you have evolved your strategy to a supernatural state, we can only talk about tactics, I am so lucky to be able to follow you." ”

Contini shook his head: "Actually, it's not, this is the great power of the market's hand, it's impossible to overturn Wall Street by me, by the United Group, although I have a strong strength, but compared to the United States and Wall Street, this power is completely insufficient, they can easily crush me into powder." However, there are always two sides to the story, and while I am not strong enough to stand up to Wall Street on my own, I have a fulcrum and a great lever – if it weren't for the fact that stocks have climbed to such heights, if it weren't for the fact that American investors have increased their leverage beyond measure, if it weren't for this frenzy of capital and all the power behind it, I wouldn't have to think about what would follow...... I follow the trend, and it may take only a shout to push an avalanche, but to stop an avalanche, it is beyond human power. ”

"Now your most deafening voice is roaring...... An avalanche is inevitable, and I'm worried about ......" Livermore hesitated for a moment before finally saying, "Your safety!" ”

Contini laughed, and raised his glass and motioned for Livermore to follow him—down and have a look. Under the leadership of Enzo, Livermore visited Contini's tanks, armored vehicles, and Humvee assault vehicles, and then saw the hundreds of slaughtered president's guards, Livermore couldn't help but gasp: With this little force in the president's hands, it will be enough to storm Manhattan and take control of New York tomorrow.

"I don't have the idea of armed confrontation, these guards are just the force to protect me to get to the docks, I have no intention of being an enemy of the American military machine, but I'm not ......easy to mess with," Contini pointed to the battleship in the direction of the port, "See?" The Italian warships were anchored in the New York docks, and they were my strongest backing, and the 12-inch guns on them were enough to wipe out the New York harbor area in its entirety - of course this was only a threat and not the result I wanted, and I only hoped that the scorned conglomerates would really realize this, and that the Coalition had unrivaled power. What is a national focus group? The United Group is a national consortium protected by the Italian Navy and Air Force, and the fourth largest armed group in the Mediterranean is not in vain! I'm here to make money, not to fight, but if the consortium wants to compete, I can accompany it! Come on! Neither the soft nor the hard are opponents. ”

Livermore finally knew what kind of man he was following - he was fully prepared for the great avalanche from the first day of his stay in the United States - but how did he see the signs of a collapse in the American market? He thinks that he has seen it clearly enough, but it is only in the last six months that he has been able to grasp it exactly, how does the president see it?

In fact, he didn't know that Contini himself was sweating in his hands: the highest point in history before the collapse of the U.S. stock market in 1929 was only 370 points, and the market value was more than 60 billion, but the world because of his interference and continuous penetration of the U.S. industrial system and economy, the U.S. economy and stock market were more prosperous than history, and it actually broke through 450 points, which is an unthinkable point, which is simply an incredible miracle, but no matter how high the number of points is, there is a moment to pull back. The U.S. stock market is going on unswervingly according to its own inherent laws until it finally crashes!

At present, there is only one fuse away from the collapse, and Contini used his own $500 million as the fuse - the most expensive fuse in history, equivalent to 20 top battleships! But the market detonated by this fuse will have a collapse of 300-50 billion.

The September 23 issue of The New York Times featured a large cartoon: the scandalized president stuck six knives in his body, then raised the bloody knife and continued to say to the market - I'm going to go under the knife, are you afraid!

Contini laughed and told his entourage to buy the original painting and frame it – and put it in his office in Rome!

The reason why Contini wants to show Livermore the force is to strengthen his confidence, otherwise if Livermore is worried about being the enemy of Wall Street and wavers, the situation will be complicated, maybe there is a possibility of falling short, let him see tanks and armored vehicles, let him see warships, enough to strengthen his confidence!

He patted the other party on the shoulder, drank the brandy in his cup, and said with a smile: "My business is done, and it will be up to you tomorrow......"

Livermore smiled and nodded, and drank it all in the same gulp.

Aquilani came over and whispered, "President, President Hoover has called, and he is very anxious, so I will ask you to listen to the phone no matter what." ”

Contini waved his hand: "Just say I'm in a bad mood...... Promise...... Smashing things! With that, he smashed the bohemian crystal cup in his hand.

The latter understood, and soon the sound of ping-pong sounded on the other end of the phone, and then Aquilani said in an extremely respectful tone: "Sorry, Your Excellency, the president is in a very bad mood, he is smashing vases and glasses, and the glass slag just now almost made me tricked...... Pull him? Who would dare to pull the president? You know his temper......" and there was another "bang".

Livermore gave a thumbs up and said that this is worthy of the Oscar-level — the award was created only last year and is considered Hollywood's highest honor.

Hoover put down the phone in a daze, and anxiously went to the other aides to discuss countermeasures - he himself was almost about to take a shower and rest, and someone called him coldly, so shocked that he picked up the phone and called Contini without saying a word, no matter how to save the situation, but Contini refused to answer his phone now, saying that everything was in vain, and he could only hope that tomorrow when he was in a better mood to communicate. It was only today that he realized that Wall Street had put a lot of pressure on the United Group, and that there was nothing wrong with standing on their side – but who had really considered the country?

It's all a fucking bunch of wolf-hearted stuff!

All fucking bunch of bastards who turn their hands into clouds and cover their hands for rain!

He angrily smashed the vase at home to deflat, and his wife said coldly next to him: "The president can smash the vase willfully because he has money, even if things mess up, he will lose 500 million, and then pat his ass and go back to Italy, no one can do anything to him, what if you mess things up?" You don't want to be re-elected? ”

These words made Hoover wake up from a dream, and he couldn't help but say, "What do you say? ”

"If the market can be saved, you go to the president to communicate; If it can't be saved, you need a scapegoat......"

"I'm afraid it can't be saved...... It's going to crash...... The United States is finished, at least the stock market is finished! ”

"Then find a scapegoat......"

"Well said! Madame, you have never been more wise and wise than you are today...... Oh...... Except for the fact that I was chosen as my husband. Hoover's mentality suddenly improved a lot, and he didn't even forget to joke, "Calais has a ...... on this pot."

"You haven't gotten out of the wrong mindset yet...... You've picked the wrong object. Madame smiled, "Why do I think it is more appropriate for the Fed to be the scapegoat?" As long as this matter is put to good terms and the responsibility of the government is cleared, I bet you that it doesn't matter if you have the president all the money for your re-election - you have no idea how much money he has! Are you going to side with a Fed who doesn't listen to you, or a president who calls you a brother and die-hard support? ”

"Madame, I suddenly suspect that you have taken advantage of Calais to speak for him."

"Actually, it's nothing, last year Mrs. Agnes gave me a set of jewelry and a New York souvenir, saying that it was a gift for my daughter's marriage in advance, don't you?"

Hearing the word New York souvenir, Hoover was silent, and of course he received it...... Mediterranean hegemon