Stellaris: Earth Alliance

Chapter 282 The Stock Market Crashes
Information that the Washington Interstellar Trading Station had been completely destroyed was quickly relayed back to Portman's Congress.

The news of the attack on the space station was just received on the front foot, and the news of the destruction of the space station on the back foot had already reached Congress immediately following the first news.

All this happened so quickly that everyone was stunned on the spot, not knowing how to react.

One person seemed to have been drained of all his strength, and he just slumped down on the chair.

Some are frantically calling other people, trying to tell them the explosive news, and then ask them to withdraw funds from the stock market immediately.

Originally, Portman's economy had become depressed due to constant pirate attacks, and people gradually lost hope in the future economic situation.

But this can still be saved after all.

People are eagerly waiting for the country to launch a new round of policies to crack down on piracy, thereby restoring people's confidence in the future economy.

People who had become sensitive to pirate attacks in the first place heard information about how the country had successfully repelled the pirates.
Instead, the pirates became more and more arrogant. Not only were they not knocked down, but they further destroyed one of their most important interstellar trade hubs.

Portman has always promoted itself as a mecca for capital and a paradise for businessmen.

What we have always done is to make the domestic business environment better than that of other countries, so as to attract investment from various countries.

They have indeed made a lot of money because of Portman's various tolerant policies, but capital will always only add icing on the cake, not provide help when the time is right.

When you encounter a crisis, their first thought is definitely not how to help you.

But how to kick you into the abyss in order to keep the money you have already obtained.

In other words, they are skilled and serious about adding insult to injury.

After receiving the news that one of Portman's largest interstellar trade hubs, the Washington Space Station, had been destroyed.

The first reaction of the major capital tycoons was not to be sad, but to quickly withdraw their money from all walks of life.

The public and major capital will not know that there were many coincidental elements in the attack on the space station, and it is almost impossible to repeat it again.

All they know is that if Portman can have one space destroyed today, there will be a second tomorrow, and a third the day after tomorrow.

In the interstellar era, ensuring the smooth flow of roads is the government's greatest responsibility.

If this cannot be done, no one will think that the country's economy will be very good.

In comparison, although there were frequent news of pirate attacks in Field, there had never been such a large-scale emergency.

The destruction of any trade hub is a huge blow to a country's prestige.

The destruction of the human Toronto space station directly caused the entire country's economy to instantly fall into a stagnant stage from a growth rate of several hundred percent.

There has been no growth or negative growth for several consecutive years.

This is because international capital is not optimistic about this place and have chosen to withdraw investment.

Today, with the globalization of the universe, today with the gradual formalization of the Galactic United Organization.

No country can achieve an economic miracle by itself. It must introduce a large amount of foreign investment to trigger an economic miracle.

Humanity was not favored by anyone in the early days, but with the launch of the Ideal City plan and the strong help of the Kuilak Republic, the economy completed its first round of take-off.

The large influx of capital from Quillak allowed humanity to dilute a larger share to other countries for investment.

Only then did it gradually become the capital mecca of the entire Eastern Galaxy, injecting a shot in the arm into the world economy that had been dormant for a long time.

But with the explosion of the Toronto space station, mankind's dream of becoming a great nation also came to nothing.Capitals from various countries have withdrawn from the Human Complex, and they all know that this is the country that Portman is targeting.

Given the choice between Portman and humanity, other countries will undoubtedly choose to side with Portman.

It was also at this moment that the relationship between humans and Portman reached a freezing point, and the relationship with Field reached its peak.

Humanity has entered the honeymoon period with Field.

During this period, Field provided a large amount of technical assistance and interest-free loans. The two countries signed a series of friendship treaties and fully exchanged their needs.

Although Field's request for garrison was rejected, it was obvious that if Portman really invaded mankind.

Field is humanity's only life-saving straw, and Field will obviously never sit idly by.

At this moment, Portman encountered almost the same situation as the original human unity.

Obviously, the consequences of the two sides will be completely different.

One is that human beings have drawn a red line for foreign capital, and they are not allowed to occupy more than a certain share of equity.
Second, human beings have not entered the crazy advanced consumption stage like Portman.

Moderate excessive consumption in any country is good, just like blowing up a balloon. You just need to blow it with appropriate force and let the balloon inflate to a certain degree.

If it continues to be maintained, it means that the economy is entering a stage of healthy development.

It is not good to inflate this balloon too big or too small, but looking at the picture now, Portman has blown up this balloon to the limit, entering the century-old advanced consumption stage of the whole people.

Everyone is overdrawing their consumption in 100 years.

This can certainly make the current economy take off, but the consequences of this balloon bursting to the point of collapse will also be horrific.

And now pirates are rampant and an important trading hub has been destroyed.

The balloon, which had been inflated to the extreme, exploded as if someone had punctured it with a needle.

The first to react was the stock market, and the entire stock market entered a stage of panic selling.

The stock market has been in a downturn because of the prevalence of piracy and the country's inaction.

At this moment, the explosive news swept across, and almost 90% of the stocks began to fall off a cliff.

And this kind of panic, cliff-like, large-scale decline will cause greater panic in capital, which will lead to an even faster decline.

It falls because of panic, and it panics because of the fall.

At this point, all the stocks in the stock market began to dive downwards, as if the accelerator was suddenly applied to a car that was going downhill.

This is an emergency that the government should handle, but in fact it is an emergency after people receive the news.

The serious consequences would be to call the financial backers behind it as soon as possible and ask them to withdraw their capital.

Not only did they fail to become the mainstay, but they gave the country a kick at a critical moment.

The earlier you withdraw, the smaller your losses will be. People are rushing to withdraw their funds, and the entire stock market is wailing.
Companies that hold large amounts of stock in other companies go bankrupt.

The assets of a large number of stockholders have shrunk by nearly ten thousand times overnight, and jumping from rooftops requires an appointment.

(End of this chapter)