Chapter 151 The first level of circuit breaker(1/2)
"Be careful, and don't interfere with other interpretations if you can. That person's temper comes and goes quickly, and his behavior is erratic." Winston said to Livermore in an admonishing tone.
"You're right." Livermore stretched, rubbed his hair, and said distressedly, "How can there be such an investor? He suddenly terminated the contract and asked us to divest our capital. It's ridiculous.
There is no need for us to act. Once He behaves like this, many of my plans will have to be shelved."
While Livermore was speaking, the red card on his right hand began to roll flexibly in his hand, and he continued to complain to Winston:
"The card was left to us as a souvenir and allowed us to be the troublemakers in the performance. We were really unlucky to start our business this time and met such an irresponsible investor."
"But fortunately, He paid the balance. Although our investors were irresponsible, they were generous enough. But I feel that the reason why He gave us the balance was just to have more fun."
Winston listened to Livermore's complaints quietly. After the other party finished complaining, he talked to Livermore about the serious matter.
"[Yuktrasiel] has been handed over to the survivors of the [Elf Royal Court] royal family who are staying in Youyang, and they have also signed the contract. The ambition of the subjugated princess to restore her country has been ignited by us; in Eddie
In the west, the affairs in New York have been almost settled, and the pro-abnormal research companies have also made statements under the operation of the foundation; finally, the chief judge of the Heavenly Tribunal also heard that the elves plan to return to the country.
According to the news, if nothing unexpected happens, he will personally stop the elves from returning to the country, and I guess this time the Ethics Committee will not interfere in any decision-making of the Tribunal."
Listening to Winston's report, Livermore maintained a lazy attitude, but his amber eyes were revealing their sparkle.
"This time you came to Youyang to try to trigger the [circuit breaker mechanism] of [Financial Street]. Our plan needs the support of [Hermes]. Without its support, New York cannot truly be independent in this world and become a
City of Freedom. If your inference is correct, [Financial Street] is now facing the crisis of lineage collapse of [Financial Tsunami] and [Super Large Ether Tide]. If it does not want to collapse, it can only cooperate with us.
.However, the premise of all this is that your guess is not wrong."
Winston continued to report the situation to Livermore.
"Just wait. If the Long En incident causes the [Financial Street] S&P 500 Index to fall to the 7% threshold during the trading day and reach the first-level circuit breaker, it will prove that my observation is not wrong."
Speaking of [Financial Street], Livermore couldn't help but sneer on his face, and he continued:
"[Financial Street], it has expanded too fast. Now the extraordinary power that has enveloped and collected has reached 36,780 kinds, and the races involved have reached as many as a hundred.
Huge and complex forces gathered in [Financial Street], making it a monster that even heaven would be afraid of. In order to make the operation and expansion of [Financial Street] power even greater, Edici wanted to make the extraordinary circulation faster, genius
Generally proposed [subprime loans (subprime mortgages)], extraordinary loans are allowed to those with poor credit ratings who are unable to borrow from normal channels.
The interest rates of these [subprime loans] are generally higher than those of normal loans, and they are often floating interest rates that can be significantly increased over time. Therefore, they pose greater risks to borrowers, but for [Financial Street], they can provide
It brings more power.
[Subprime loans] have a higher default rate, and for lenders, they also carry higher credit risks than normal loans. However, financiers are too bold to survive and timid to starve.
So the current situation is that borrowers with bad credit can also use [subprime loans] [(referred to as subprime loans) to obtain loans. Financial institutions lend assets to those who are not able to repay the loans, and then combine these loans
For [Soul Mortgage Securities] and other [Extraordinary Financial Derivatives], repackage and sell them separately to investors and other financial institutions.
Rating agencies irresponsibly rated these bonds as AAA, and buyers also thought they could avoid risks through credit default swaps and other means. When these "products" were packaged and resold in layers, institutions in the chain underestimated them.
risk.”
Livermore could not hide the ridicule in his eyes at this time. He laughed and said to the silent Winston:
“The situation on Terra changed, the total value of extraordinary assets in [Financial Street] began to fall, and [subprime loans] defaulted on a massive scale.
As for those [soul mortgage-backed securities]? Honestly, Winston, how much do you think those souls are worth?
[Financial Street] What is the use of financial institutions asking for souls that cannot provide value!
Value, a soul that cannot provide value, is it still a soul?”
"Now, the Oletin Empire and the Daeva Empire, under the Red King's interpretation, will definitely cause more [ether tides], the leakage of EVE particles will become more frequent, and extraordinary re-enactments will become easier.
This will inevitably lead to a decline in the original total financial assets of [Financial Street].
As for the [Subprime Mortgage Crisis], [Financial Street] itself cannot solve it at all, and it is impossible for Oletin and Daeva to save the city. They wish that the tidal storm of the [Ether Ocean] would flood the entire Terra. That would be the death of the extraordinary.
prosperous times.
They are a group of extraordinary rulers. Do you think those rulers who stand at the top of the extraordinary would care about the Mime virus, EVE particle riots, and ARad field distortions that are fatal to ordinary people?"
Listening to Livermore's unabashed ridicule, Winston took over his words.
"They really don't care, but if such a huge soul base is left alone and allowed to collapse, it will definitely cause greater trouble."
"The Kingdom of Heaven will not let it go. They are the saviors of mankind." Livermore shrugged and continued with a smile, "Our goal is just to use the wind of [financial tsunami] to climb to the top.
I will trigger the fuse within this week, [Minerva] has already been dispatched, I have to go and help her."
Livermore's eyes looked at somewhere in Torshavn, which is the entrance to [Hub Faroe Island].
"We need to act quickly."
**********
Terra Calendar 1590.7.3.
AM:9:30.
Faroe Island Skoda Hotel.
The environment on the large rooftop outside the hotel is beautiful and tranquil, dotted with flowers, grass and green trees, making people feel as if they are in a lush garden. The cityscape in the distance shows brilliant colors under the sunlight, with tall buildings and buildings standing tall.
The traffic flowed back and forth, busy and full of vitality.
A young man with blond hair and golden eyes was lying comfortably on a lounge chair on the large rooftop of the hotel, enjoying the feeling of warm sunshine shining on him. He was wearing a light white shirt, which highlighted his toned and slender figure.
, while the golden hair shines charmingly in the sun, and the breeze gently blows against his skin.
Xia Xiu held a newspaper in his hand. He flipped through the pages easily and read the contents of the newspaper intently.
[Youyang International Information Report: On June 28, the [Ouroboros] track surrounding the South Ring Road and the North Ring Road in Wudu was officially opened to traffic. The mayor of Wudu, Ermelo Tachi, attended the opening speech of the railway...
·····】
[Financial Times (Financial Street Section): Recently, in the latest development of Valais Thermoelectricity, Chairman Morton Edgar announced an important measure to comprehensively reorganize the company’s internal structure. This decision aims to
In order to improve organizational efficiency, optimize resource allocation, and further consolidate Valais Thermoelectricity’s leading position in the energy industry.
In the rectification plan, Morton Edgar pointed out that it will focus on the following key aspects...]
[In the latest business developments, Giovanni Group’s [hostile acquisition plan] for Valais Thermoelectricity has been hindered. This acquisition intention has caused widespread concern and controversy in the industry. Morton Edgar, Chairman of Valais Thermoelectricity
In a statement, it said that Giovanni Group’s [hostile takeover plan] seriously threatens Valerge’s strategy and development prospects.
He pointed out that, as an independent energy company, Valège has been committed to providing reliable and sustainable energy solutions and creating value for customers and shareholders. Therefore, Valège will stick to its independence and take all necessary measures
Measures were taken to protect the company's interests. The company's management and shareholders resolutely resisted this move.]
[Acquisition News: It was revealed that Teni Group borrowed a large amount of Giovanni Group's shares and quickly sold them, which aroused market attention and speculation. This move raised questions about whether Teni Group was trying to short Giovanni Group.
Giovanni Group responded to Teni Group’s short-selling behavior. A spokesperson for Giovanni Group said that they regretted Teni Group’s short-selling behavior and considered it an irresponsible behavior. Giovanni Group
We will take all necessary measures to protect our own interests and shareholder rights, and will cooperate with relevant regulatory agencies to supervise fair competition in the market.]
[Stock Market Report: Amid the recent stock market turmoil, Long En Corporation’s stock price experienced an astonishing surge. The company’s stock surged from 89.90 [underlying assets] per share to 92.25 [underlying assets] per share, triggering market panic
Widely concerned and hotly discussed.】
[Information Hotspots: Giovanni Group was exposed to have made large-scale stock purchases before the stock price of Longen Company soared, which attracted market attention and extensive discussion. This move triggered investors’ concerns about Giovanni Group’s investment strategy and
Pay attention to market expectations.]
Boom——
While Xia Xiu was leisurely reading the newspaper, three of his hard-working employees came back. The leader, Tours, roughly pushed open the glass door of the balcony. On his childish face, there were two obvious black marks.
Eye circles, while the situation behind him and Broly were significantly better.
"Hey, I'm back, have you eaten?" Xia Xiu smiled and greeted Turs, who was looking angry.
"One hundred and eighty-two times." Tours gritted his teeth and said to the smiling blond young man.
"What?" Xia Xiu looked at Turs in confusion.
"In addition to today's [financial challenges], we have gone through one hundred and eighty-two financial battles. Do you know how we have been living these days! We are fighting for loans every day, borrowing a lot of money, and the interest has been
Profit and profit······"
"Thank you for your hard work, you can have a day off today."
The unscrupulous golden retriever boss interrupted the 'child laborer's bloody accusation.
"What?"
Turs blinked his eyelids dully. He wondered if he had heard wrongly. This unscrupulous and black-hearted golden retriever did not PUA the three of them as usual.
"I said you don't have to deal with the people sent by Giovanni. Well, you won't have to take out loans to work in the future... Well, the loan battle is over. Pack your bags and you can catch up with the last project and finish this last job.
, everyone will be free.”
The blond young man stood up from the recliner, stretched, and then habitually started drawing pictures of his employees.
"Giovanni..." Tours opened his mouth, his small face full of confusion.
"I'm going to go to the stock market in Faroe Island. Do you want to come with me? There's a big show waiting for us there." Xia Xiu smiled and invited the three of them.
The trio who didn't have to work looked at me and I looked at you. Finally, they agreed to the other party's invitation, called a car, and set off for the stock market on Faroe Island.
*************
AM:10:08.
To be continued...