Chapter 151: Level 1 Circuit Breaker
"You act carefully, other interpretations can not interfere without interference, and that person's temperament comes and goes quickly, and acts impermanently." Winston said in an admonishing tone to Livermore.
"You're right." Livermore stretched, he rubbed his hair, and said distressedly, "How can there be such an investor, who suddenly terminated the contract and asked us to withdraw their investment, and we don't need to play the play." When he did this, many of my plans had to be put on hold. ”
As Livermore spoke, the red card in his right hand began to roll nimbly in his hand, and he continued to complain to Winston:
"The card is left for us as a souvenir, allowing us to be a-stirring stick for the deduction, we are really unlucky to start a business this time, and we have met such an irresponsible investor."
"But fortunately, he paid the final payment, and although our investors are not responsible, they are generous enough. But I feel like the reason He gave us the balance was because he wanted to have a bigger time. ”
Winston listened quietly to Livermore's complaints, and only after the other party had finished complaining did he get down to business with Livermore.
"[Yggtrasil] has been handed over to the survivors of the [Elven Court] royal family who are staying in Youyang, and they have signed the contract, and the ambition of the fallen princess to return to the kingdom has been ignited by us; In Addison, the affairs of New York are almost dealt with, and those pro-abnormal innovation and research companies have also made a statement under the operation of the Foundation; Finally, the chief judge of the Heavenly Inquisition also heard the news of the elves' intention to return to the country, and if nothing else, he will personally go to prevent the elves from returning to the country, and this time I don't expect the Ethics Committee to interfere in any of the decisions of the Inquisition. ”
Listening to Winston's report, Livermore maintained a lazy attitude, but his amber eyes were revealing essence.
"This time you came to Youyang, just to try to trigger the [circuit breaker] of [Financial Street], our plan needs the support of [Hermes], without its support, New York will not be able to truly become independent in the present world and become a free capital. If your inference is correct, [Financial Street] is now facing the collapse crisis of the [Financial Tsunami] and [Super Large Ether Tide] lineage, and if it doesn't want to collapse, it can only cooperate with us. However, all of this is premised on your assumption that you are not wrong. ”
Winston continued to report to Livermore.
"You just wait, if Ron's affair causes the S&P 500 index [on Financial Street] to fall to the 7% threshold during the trading day, reaching the first level of circuit breaker, it will prove that my observation is not wrong."
Speaking of [Financial Street], Livermore's face couldn't help but show a sneer, and he continued:
"[Financial Street], it has expanded too fast and too fast, and now the extraordinary power that envelops and collects has reached 36,780 species, and the races involved are as high as 100.
In order to make the operation and expansion of the power of [Financial Street] even larger, Addison geniusly proposed [subprime loans (subprime mortgages)] in order to make the extraordinary circulation faster, allowing those with poor credit ratings and unable to borrow from normal channels to obtain extraordinary loans.
These [subprime loans] generally have higher interest rates than normal loans, and are often floating rates that can rise significantly over time, so they are more risky for borrowers, but they can bring more power to [financial streets].
[Subprime loans] have a higher default rate and a higher credit risk for lenders than normal loans. However, financiers are bold enough to die and timid to starve.
So the situation now is that borrowers with bad credit can also use [subprime loans] [(subprime loans) to get loans. Financial institutions lend assets to people who are not able to repay their loans, and then combine these loans into [soul-backed securities] and other [extraordinary financial derivatives], which are then packaged and sold to investors and other financial institutions.
Rating agencies irresponsibly rated these bonds as triple-A, and buyers thought they could hedge their risk through means such as credit default swaps. In the case of these "products" being packaged and resold layer by layer, the institutions in the chain underestimate the risk. ”
Livermore now made no secret of the mockery in his eyes, and he laughed and said to the silent Winston:
"The situation in Terra has changed, the total value of the extraordinary assets [on Financial Street] has started to fall, and [subprime loans] have defaulted on a large scale.
As for those [soul mortgage-backed securities]? Honestly, Winston, do you think these souls are worth a few cents!
What's the use of [Financial Street] and financial institutions asking for souls that can't provide value?
Value, the soul that cannot provide value, is it still a soul? ”
"Now, the Oretin Empire and the Daevite Empire, under the interpretation of the Red King, will definitely cause more [Aether Tides], the leakage torrent of EVE particles will become more frequent, and the transcendent will become easier. This will inevitably lead to a decline in the value of the original total financial assets of the [Financial Street].
And the [subprime mortgage crisis], [Financial Street] itself will not be solved at all, and it is impossible for Oretin and Daevite to save the market, they wish that the tidal storm of [Aether Ocean] would flood the whole of Terra, and that would be the prosperity of the transcendent.
They are the transcendent ruling group, what kind of mimavirus, what EVE particle riot, what ARad field distortion, these things that are fatal to ordinary people, do you think those rulers who stand at the top of the transcendent will care about this? ”
Listening to Livermore's undisguised mockery, Winston took his words.
"They really don't care, but if such a huge soul base is left unchecked and allowed to collapse, it will definitely cause even more trouble."
"Heaven will not let it go, they are the saviors of mankind." Livermore shrugged his shoulders and continued with a smile, "Our goal is just to climb to the top with the [financial tsunami] wind, and I'll cause a circuit breaker within this week, [Minerva] has already been dispatched, and I have to go over and help her." ”
Livermore's gaze was on somewhere in Tórshavn, the entrance to [Hub Faroe Island].
"We're going to have to step up."
**********
Terra Calendar 1590.7.3.
9:30 a.m.
Škoda Hotel Faroe Island.
Outside, the large rooftop is beautiful and tranquil, dotted with flowers and trees, making you feel as if you are in a green garden. The cityscape in the distance is brightly coloured in the sunlight, with tall buildings and traffic rushing through, busy and vibrant.
A young man with blond hair and golden eyes was comfortably lying on a recliner on the hotel's own large rooftop, enjoying the feeling of warm sunlight shining on him. He wore a light white shirt that accentuated his toned and slender figure, while his blonde hair shone in the sun and the breeze gently brushed his skin.
Xia Xiu was holding a newspaper in his hand, he easily flipped through the pages, and his eyes were focused on reading the contents of the newspaper.
[Youyang International Information Report: On June 28, the [Ouroboros] track around the South Ring Road and the North Ring Road of Wudu was officially opened to traffic, and the mayor of Wudu, Ermelo Tuci, attended the opening speech of the railway······· 】
[Financial Times (Financial Street Section): Recently, in the latest development of Valais Thermal Power, Chairman Morton Edgar announced an important move, that is, a comprehensive overhaul of the company's internal structure. The decision is aimed at improving organizational efficiency, optimizing resource allocation, and further consolidating Valais' leading position in the energy industry.
In the restructuring plan, Moreton Edgar pointed out that the following key areas will be focused······ 】
[In the latest business developments, Giovanni's [hostile takeover plan] for Valais Thermal Power has been hampered.] This acquisition intention has sparked widespread attention and controversy in the industry. Morton Edgar, chairman of Valle Thermal Power, said in a statement that the Giovanni Group's [hostile takeover plan] seriously threatens Valéré's strategy and development prospects.
He noted that Valais Thermal Power, as an independent energy company, has always been committed to providing reliable and sustainable energy solutions that create value for customers and shareholders. Valégé will therefore insist on its independence and take all necessary measures to protect the interests of the company. The company's management, as well as shareholders, resolutely resisted the move. 】
[Acquisition dynamics: Turney Group was exposed to borrowing a large amount of Giovanni Group's shares and quickly selling them, which sparked market attention and speculation. The move raises questions about whether Turney is trying to short Giovanni.
The Giovanni Group responded to the Turney Group's short-selling behavior. A spokesperson for Giovanni said they regretted Turney's short-selling move, which they considered irresponsible. The Giovanni Group will take all necessary measures to protect its own interests and shareholders' rights and interests, and will cooperate with the relevant regulatory authorities to monitor fair competition in the market. 】
[Stock Market Report: In the recent stock market turmoil, Longen's stock price has experienced a shocking surge. The company's stock soared from 89.90 [underlying assets] per share to 92.25 [underlying assets] per share, which sparked widespread attention and heated discussions in the market. 】
[Hot information: Giovanni Group was exposed to a large-scale stock purchase before the stock price of Longen Company skyrocketed, which attracted the attention of the market and extensive discussion. The move sparked investors' attention on Giovanni's investment strategy and market expectations. 】
Knock –
Just as Xia Xiu was leisurely reading the newspaper, his three hard-working employees came back, and Tours, the leader, roughly pushed open the glass door of the balcony, and there were two obvious dark circles on his immature face, while the week behind him and Broly's situation were obviously better.
"Yo, I'm back, haven't you eaten?" Xia Xiu smiled and greeted the angry Turles.
"One hundred and eighty-two." Turce gritted his teeth at the grinning blonde youth.
"What?" Xia Xiu looked at Turce suspiciously.
"With today's [financial challenges], we've been through one hundred and eighty-two financial battles, and you know how we've been these days! We are fighting every day on loans, borrowing a lot of money, and the interest has been rolling ······"
"Thank you for your hard work, you should have a holiday today."
The unscrupulous Golden Retriever boss interrupted the bloody and tearful accusation of 'child labor'.
"What?"
Turce blinked his eyelids sluggishly, and he wondered if he had misheard, this unscrupulous and black-hearted golden retriever actually didn't PUA the three of them as usual.
"I said you don't have to deal with the people sent by Giovanni, well, you don't have to take out a loan to go to work in the future... Well, the loan fought. Pack your luggage, you can catch the last project, and after this last ticket, everyone will be free. ”
The blonde youth got up from the recliner, stretched, and then habitually drew a big spell against his employees.
"Giovanni..." Tours opened his mouth, his little face filled with great doubts.
"I'm going to go to the stock market in France, do you want to go along, there's a big drama waiting for us." Xia Xiu smiled and invited the three of them.
The trio who didn't have to go to work looked at me and I looked at you, and finally agreed to each other's invitation, called a car, and set off for the stock market in France.
***********
10:08 a.m.
Faroe Island stock market.
Xia Xiu, who had changed his body, took Turce with him and stayed with Broly next to a coffee machine on the trading floor for a week.
Xia Xiu bought a cup of coffee for everyone, and at this time, a group of four people were leisurely drinking coffee, looking at the crowd coming and going in the trading floor and the stocks on the walls of multiple large electronic displays.
"What's the show you're talking about, is there going to be a fight here?"
Turce drank bitter coffee and sarcastically looked at Xia Xiu with an unhappy face; Zhou Zhou, who was sitting next to Tours, saw the expression of the other party's immature face wrinkled together after drinking coffee, and he thoughtfully took out a few white sugars and handed them to the other party; Broly was as taciturn as ever, he was still wearing a plain robe, which Xia Xiu had taken him to buy after he came to France, and he bought a lot of plain robes of the same style.
"Be patient."
In the face of Tours' sarcasm, Xia Xiu looked up at the time on the trading floor, and the time at this time was: 10:09.
"What the hell is going on?"
Looking at the blonde young man like the Riddler, Tours' tail and ears couldn't help but stand up, and he swore that if he met the Riddler he had beaten in the future, he would see one and hit one.
Terra doesn't need the Riddler, the Riddler gets out of Terra!!
Xia Xiu silently counted the time, if his calculation model was not wrong, at this time today, the stock market would trigger the first layer of circuit breaker mechanism, and the iron fist of [Financial Street] sanctions had fallen.
Five, four, three...
Xia Xiu silently counted the time, and soon, the time above the trading hall began to enter: 10:10.
"Here we are."
Xia Xiu looked at the clock and whispered.
Tours was about to say something when a loud uproar filled the surroundings, and he noticed that everyone was staring at the display on the trading floor, and he followed everyone's gaze.
All the electronic screens on the trading floor began to refresh, and then, the numbers on the trading screen flashed frantically in red and green, and the stock price fluctuated up and down like a roller coaster.
The ticker symbol and price on the screen suddenly turned red, the numbers fell rapidly, and the eyes of investors were glued to the screen, and their expressions became solemn. There was a tense atmosphere on the trading floor, people's hearts seemed to be beating faster, and anxiety spread in the air.
The cacophony and noise on the trading floor is endless, and investors are rushing to the phone for urgent exchanges, seeking the latest market information and opinions. Traders clasped their phones tightly and eagerly communicated with their clients in an effort to calm the turmoil in the market.
[When——]
[The S&P 500 index fell to the 7% threshold during the trading day, triggering the first level of circuit breaker and suspending trading for 15 minutes!! 】
The moment the first circuit breaker was triggered, the trading floor was in chaos and tension. The hustle and bustle of stock trading and the cacophony of the crowd disappeared in an instant, replaced by an oppressive atmosphere and tense emotions.
"It's... What are you kidding..."
Voices of desperation and disbelief rang out in the hall.
(End of chapter)