"So, are you sure that there will be a super-large war in Europe?" Morgan asked.

"This?" Morgan Jr. hesitated.

"How big would it be for a war in Europe to be so profitable for the Macdonalds to do so? You should have calculated this question, right? Morgan asked again.

"This ......" Morgan Jr. hesitated, but replied anyway: "According to our calculations, if the scale of the war is too small, I am afraid it is not worth it at all." This war, at least two to three times larger than the Franco-Prussian War, must last long enough, at least two or three years or more, for MacDonald's actions not to lose money. Such a large-scale war ......"

Morgan understands that it is really difficult to make this judgment, on the one hand, there is no real evidence whether MacDonald's actions were for war or not, and only speculation, and on the other hand, if this speculation is to be feasible, the scale of the war is too large. If the war is really fought so big, it will be detrimental to any country participating in the war. Obviously, such a large-scale war will inevitably greatly weaken the power of the participating countries, and even greatly affect the capitalists in those countries. Because their factories would be short of workers, and to sustain such a war, they would have to open their markets to foreign countries and import large quantities of industrial goods from foreign countries. This will open the domestic market completely to foreign countries. Even if a little money is made by hoarding in the war, the production capacity is destroyed, the market is occupied, and a large amount of hard currency flows abroad, and such losses are difficult to make up. Therefore, if you think about it normally, you should not be able to reach that intensity at all, and the two sides of the battle will seek a compromise.

Before the outbreak of the First World War, the great powers had the illusion that the intensity of the wars between the great powers could be controlled, because the wars of the industrial powers had been quite measured in previous history. It's just that they don't take into account how long it has been since the advent of total warfare and monopoly capital that there has been no major fight between the great powers. Since there is a general war, countries that do not use such means will be quickly defeated, and after such means are used, the war will become endless, and no one can easily stop. However, such a dark foresight is not acceptable to anyone.

Therefore, it is difficult for both Morgan Jr. and Morgan to make a final judgment.

"If you can be sure that MacDonald is indeed intent on this, what are you going to do?" Morgan asked again.

"Dad, if we can really be sure that they have such intentions, then we have two options." Morgan Jr. replied, "One is to continue to follow the MacDonald consortium and make a fortune hitchhiking; The other is to bring in European forces. ”

"Bringing in European power?" Morgan Sr. asked.

"Yes, Dad, although we have grown a lot, the gap between us and the MacDonald consortium is still widening. Especially after they become more and more proficient in financial means. Morgan Jr. said, "We're out of balance with McDonald's power." Dad, I know you're very wary of those guys with the last name Rothschild, but what's the difference between the current MacDonald consortium and Rothschild? If that really happened in Europe, Rothschild would have suffered huge losses. By that time, they will certainly be in a hurry to escape from Europe. We give them a little bit of a chance, and then use their power to compete with MacDonald for more profit......"

"Aren't you afraid of another big bad wolf in this small room? And it's a big bad wolf with a high degree of overlap with ours in the number of ways to make money? They may be more competitive with us at that time, right? Morgan asked.

"That's a real problem. But their roots have always been in Europe. "And this is our home stadium after all, and if we do it well, we might ......."

"Maybe there's a better chance of swallowing Rothschild?" Morgan paused, "If you were going to do that, people would immediately hug Scrooge's thighs." The Rothschild guys are not so calculating. However, it is a good idea to bring in the economic power of Europe. After all, Europe is not Rothschild's. After the start of the war, well, you just said that MacDonald shrunk their power in Europe, right. Then using our more channels than MacDonald in Europe, we can get other small European capital to come to the United States, and then control them, in order to increase our power. Don't touch Rothschild at random, don't give them a chance. For us, they are too close to our business and more dangerous than MacDonald......"

……

At the New York Stock Exchange, the day's trading is going on very normally. Countless staff members in vests of various colors ran around the trading mall, and it was busy. Trader Jack had just finished a trade, he picked up his teacup, took a sip of coffee, then stretched, moved his body, and began to prepare for the next trade.

Now there is less than an hour before the noon close, generally speaking, the number of transactions at this time will be larger, whether it is short or long, they hope to dominate the situation at this time, so as to form a psychological impact on the afternoon trading. However, it is clear that the strength of the bears still cannot beat the bulls, so at this time, the total stock price still pulls out a slightly inclined upward curve.

It was only five minutes before the end of the morning's trading when the phone on Jack's desk rang suddenly. Jack Malley grabbed the microphone:

"Hello."

As he spoke, he tilted his head to grip the earpiece, and at the same time quickly pulled out his pen and opened the notebook.

"Okay, I see." As he spoke, Jack's hands got busy, and in just twenty seconds, Jack sold his five thousand shares in Catrena Shipbuilding at a price of five dollars and three cents a share. As soon as he threw this one away, his phone rang again, and at this time, he noticed that the phones of the other traders also began to ring wildly......

In just five minutes, the Dow Jones index fell off a deep cliff. The number that had risen slowly from the morning had plummeted in just five minutes. If it weren't for the time of trading, I'm afraid the sell-off would have become more intense. But fortunately, there is this pause at noon, so everyone still has a buffer time, you can think calmly, and not be too flustered.

"What's going on, you know?" Although Jack was the first trader to complete the sale, he was not clear as to why the boss made the decision to sell immediately. Because before, the boss had been bullish. So when he was eating, he asked other people about it while eating.

"I don't know," replied one of the traders, who was also eating, "maybe something has happened again, something new." ”

In fact, the simple thing is that Fitch International has just released a new economic situation report. In the report, Fitch International, after analysing a large amount of data, cautioned that the stock market was overheated and in danger of a full-blown crash.

Obviously, this report from Fitch has given a boost to the bears on the one hand, and on the other hand, it has also cheered the hearts of those who are ready to continue to go long, so that there will be a performance in the last five minutes of the morning.

However, the economy for a long time made the market's confidence still quite sufficient, so after the afternoon opened, although the downward momentum was able to continue for a while, but soon, the bears were blocked, and then the stock price began to slowly regain lost ground, until the end of afternoon trading, although the Dow Jones index still fell, but the decline was not too large.

After a long bull market, the market will always accumulate a very high level of confidence, which makes the market very resistant to some bad news, of course, this very resistance can also be understood as very sluggish. This situation is actually quite beneficial for big capital, because it makes it easier for them to find the so-called "pick-up man". Sometimes, it is under the cover of such confidence that big capital can successfully complete the operation of profit escape.

By the next day, the market was not too affected by Fitch's report, and started to rise again, although there were several shocks and adjustments during the period, but by the end of the day, it still completely recovered yesterday's losses. On the third day, the stock market continued to remain volatile, but overall it was still slightly higher.

Some other media have also thrown out their analysis, and they all believe that although the stock market does have a tendency to be overvalued, the overall economic situation has not undergone any fundamental changes, so the stock market is not too dangerous.

Although the professionalism of these media outlets, and their previous achievements in economic predictions, are far from being comparable to Fitch's, and their authority is far from an order of magnitude, and even comparing such media to Fitch is a joke, at this time, these media outlets' statements seem to be more effective than Fitch's reports. Because a lot of times, people are going to believe what they would rather believe.

Therefore, every time the stock price falls, there will be some people, especially those who entered the market late and missed the previous rise, full of illusions of "buying the bottom", bravely giving those who have gained enough benefits in the rise, and are preparing to realize these profits or even become chips for shorting the stock market later. They thought they had succeeded in copying the bottom, but in fact, they were just copying the advance camp of Mount Everest. And where is the real bottom? Who knows? Maybe in the Netherlands, maybe in the Dead Sea, maybe in the Mariana Trench.